February 4, 2007 |
He is ready now to admit what he wouldn't on national television, when he was still dreaming of playing for the Lakers, in the city he once said he would walk naked to in order to sign on the dotted line. "I had just gotten off the phone with Phil Jackson," Chris Webber said last week, explaining why he denied what had been accurately reported - that he would play the rest of this season with Detroit, his hometown team. That decision had been made almost as soon as he and the 76ers agreed on the terms of his buyout in mid-January - he would give back about $6.2 million of the remaining $43 million on his contract, the Sixers would get under the luxury tax, everyone would be happy.
November 26, 2006 |
THE BUZZ Owners make news on revenue The league's omerta was shattered last week, when the Seattle Times published a letter from eight NBA owners - who sounded an awful lot like small-market NFL owners - to commissioner David Stern. The letter is significant, because NBA owners, unlike their brethren in pro football and baseball, have been remarkably disciplined over the years in maintaining their silence on just about every issue. But the Times got somebody to drop the dime, publishing a September letter to Stern signed by Portland's Paul Allen, Memphis' Michael Heisley, Charlotte's Bob Johnson, Utah's Larry Miller, New Orleans' George Shinn, Milwaukee's Herb Kohl, Indiana's Herb Simon, and Minnesota's Glen Taylor.
October 25, 2006 |
By the time baseball's newly agreed upon collective-bargaining agreement expires in 2011, the sport will have enjoyed a historic 16-year run without a divisive strike or lockout. The unprecedented era of peace in the modern game was ushered in before the world's media last night on baseball's biggest stage: the World Series. It was further evidence of how the partnership between management and players has grown as impressively as the game itself in the last four years. Gone was the acrimony that historically marked the beginning, middle and end of past negotiations.
August 9, 2006 |
The plan looked like a good one at the time. The 76ers entered the off-season armed with a $4.45 million trade exception, hoping it would help them obtain a player, preferably a tough-minded veteran who could provide a spark and get the team back into playoff contention. However, as the expiration date of the trade exception arrives today, Sixers president and general manager Billy King is going to allow it to run out without using it. The team acquired the exception from the New Jersey Nets last August in exchange for Marc Jackson.
December 22, 2005 |
The Yankees were hit with a $34 million luxury tax yesterday and the Red Sox were told they owe $4 million to the commissioner's office. Baseball's biggest rivals were the only teams to exceed the payroll threshold. Noteworthy Elrod Hendricks, who spent nearly four decades as a player and coach with the Baltimore Orioles, died yesterday. He was 64. The cause of death was not immediately known. The Giants acquired outfielder Steve Finley from the Angels for third baseman Edgardo Alfonzo in a swap of former All-Stars who dropped off dramatically last season.
August 18, 2005 |
Two weeks ago, when he revealed that Willie Green had suffered a knee injury in a pickup game, 76ers president and general manager Billy King talked of needing an alternate plan if Green were to miss a significant amount of time. But now that he knows Green will miss most, if not all, of the 2005-06 season after the third-year guard had his left anterior cruciate ligament reconstructed, King is taking a cautious approach toward a Plan B. "We're going to be patient and try to make the right decision," King said yesterday after the Sixers went through their first rookie and free-agent minicamp session at the Philadelphia College of Osteopathic Medicine.
August 13, 2005 |
Billy King was clearly choked up, even though the 76ers' president and general manager had made the inevitable move yesterday of putting guard Aaron McKie on waivers. On the day the Sixers showcased their newest acquisition, Steven Hunter, a 7-foot forward and center just signed as a free agent, the mood turned gloomy when King discussed severing ties with McKie. "It's probably one of the hardest days in my whole career because of what he brings to the table as a professional, as a player," an emotional King said after a news conference at the Wachovia Center.
August 10, 2005 |
Marc Jackson, who was emotional about a return to his Philadelphia roots two years ago with the 76ers, is moving on. The former star at Roman Catholic High and Temple was traded to the New Jersey Nets yesterday for a conditional second-round pick in the 2006 draft. The Sixers also included an undisclosed amount of cash. The Sixers made the move to lighten the potential luxury-tax load and to clear the way to acquire other players. Jackson is slated to earn $4.55 million this season and $4,875,000 next year.
August 3, 2005 |
As he finished answering a question about returning to the 76ers, Samuel Dalembert reached out with his right hand, wrapped it around the shoulder of president and general manager Billy King, pulled King toward him, and said: "I feel the love, man. " The 6-foot-11 Dalembert got lots of love from the Sixers in the contract he signed yesterday, a reported $64 million over six years. But he said he didn't always feel that love last season. It was no secret that Dalembert was not the biggest fan of former coach Jim O'Brien, who played a defensive system that did not allow Dalembert to roam free inside to block shots.
July 31, 2005 |
The NBA's new six-year collective-bargaining agreement has been completed and signed, giving team executives, players and agents a chance to look it over before free-agent signings and trades can begin Tuesday. But for all the figures and terms and legal mumbo-jumbo on the lengthy document, which was finalized early yesterday, there is one number that certainly attracted the attention of the 76ers right away - $61.7 million. That's the threshold for the NBA luxury tax. Any team with a payroll that exceeds that figure must pay a dollar-for-dollar tax on anything above $61.7 million.