July 2, 2010
Liar’s Poker: Day 1 LBJ Free Agency Recap

By the time anyone reads this article, LeBron’s second day of free agency meetings will have begun. He’s scheduled to hold court with the Clippers and Heat today, then the Bulls and Cavs Saturday. But Thursday was all about the NY/NJ metropolitan area—and shockingly, all sources from inside the Knicks and Nets indicate the meetings went “extremely well.”

Pardon me if I’m not sweating yet. And pardon me again if I go on to say that none of you Cavs fans reading this post should be sweating either.

As we here at Mesa have pointed out multiple times over the course of the past few weeks (via Twitter and in columns), generating excitement about a business prospect during a meeting falls somewhere between “producing saliva” and “crapping” on the scale of difficulty. I’m not even denying that the excitement in the room for the Nets and Knicks was genuine. But the reality is that unless one of these other teams walk out of the LRMR offices with a verbal commitment from James, the emotion in the room during  a presentation is irrelevant.

Let’s also not forget that the pundits reporting about yesterday’s meetings were entirely basing their opinions on sources within the Nets and Knicks, most of whom probably weren’t even at the meetings in question. As a result, reporters and beat writers end up gushing in print about how great their chances of landing LeBron are—like this, for example. (Caveat: kudos to Rod Thorn for sounding like the voice of reasonable expectation in the midst of this blowjob of a report.)

Examining this situation rationally for a moment, consider this: what else are these partisan sources going to say? “You know, I gotta be honest, I thought our presentation sorta sucked”? “I’ll tell ya, LeBron seemed really disinterested”? “We couldn’t even get a meeting with Amar’e earlier than Monday and Rudy Gay already re-signed with Memphis. Why the hell would we have any chance at signing LeBron”? Something tells me that’s not going to fly if you want to remain employed by either of those organizations.

Second, what about any of LeBron’s media appearances since he was 16 would lead anyone to believe that he wouldn’t portray interest and enthusiasm in these meetings? Not only was the first of them led by one of his best friends and biggest role models, but this is a guy who declared that at one time or another he’s dreamed about playing for every team in the league, and that he’s been looking forward to this day (free agency) for four years. This is a mega-holiday for him. I’m convinced that today’s teams could give their presentations entirely in Korean, and LeBron would still be giddy.

Third, thanks to the information that’s out in the public realm about the Knicks’ presentation, I can say with knowledge that it was laughable. For starters, one of the supposed ringers the NYK brain trust brought in for the meeting was…Allan Houston, a guy whose greatest legacy in the league is as arguably the worst return on a max contract investment in NBA history. Houston missed a combined 94 regular season games in the 3rd and 4th seasons of that contract and retired before the start of the fifth. For that, the Knicks paid him over $20M per. My sources tell me that Donnie Walsh followed up his decision to include Houston in the meeting by flying to New Orleans to pitch the Saints’ brass on selling the Super Dome’s naming rights jointly to BP and FEMA.

As if that wasn’t bad enough, Forbes got a hold of an actual piece of the Knicks’ presentation—a slideshow by a marketing consultant called Interbrand that claims LeBron has the potential to gross $2 Billion (yes, that’s a ‘B’) by playing the rest of his career with the Knicks. At the very worst, his signature on a Knicks’ contract would give him a 48.6% chance of grossing at least $1 Billion.

As Forbes’s Steven Bertoni points out in the article, “the report is light on the details of its methodology.” Having gone through the slideshow personally, I concur. The results seem to be based on…well, nothing tangible, other than the fact that James Dolan cut them a check to come to a specific conclusion. Interbrand claims that the findings were determined via a battery of computers running career projections based on a variety of factors, but the overall vagueness of the presentation creates the distinct impression of junk science (or technically, junk math. I wouldn’t want to confuse my junk).

Even funnier, the unintended take-away from this preposterous slideshow is that staying in Cleveland is actually a much more profitable decision for LeBron than anyone would have ever anticipated. Interbrand’s “study” shows that James’s maximum lifetime value in Cleveland is $1.176B, his lifetime average value is $699M, and his chance at making a billion dollars stands at 1.3%. By comparison among the other non-Knicks franchises included in the model (Chicago and Miami), Chicago would offer him a slightly higher maximum lifetime value ($1.233B), but a lower average value ($689M) and lower probability of grossing his first billion (1.0%). Miami is a distant fourth in all categories. In short, Cleveland is pretty clearly his second-best option behind the bumbling carnival side show that is the Knicks.

Considering that Dolan paid for this presentation, he may have wanted to suggest that Interbrand skew the findings even further than they’re already skewed. Telling LeBron he has any chance of grossing over a billion dollars by staying in his hometown, which is widely acknowledged by now to be neck-and-neck with Chicago as his chosen destination, isn’t necessarily a tactic I’d have recommended. But then again, this is why the Knicks have been an NBA afterthought for most of the past decade.

I also love the fact that the Interbrand “study” finds that LeBron has a 0% chance of making a bill in Miami because of “lack of fan avidity,” i.e. because no one living in Miami gives a shit about the Heat. I think it may be the only nugget of truth in the entire slide show. But that’s neither here nor there.

My final point as to why Cavs fans should remain calm: Pat Riley’s grand plan for wooing LeBron is going down in flames. According to reliable sources (and common sense, my favorite of all sources), Riley’s strategy hinged on getting verbal commitments from both Wade and Bosh to come to Miami before meeting with LeBron. As of now, that has not happened. Considering that Wade met with the Bulls today, and Bosh has been tweeting like a jackass about his meetings with Houston and New Jersey (with other meetings scheduled), it seems highly unlikely that King Slickback will be able to make that pitch as planned. Without commitments from those two players, the Heat have to try to sell James on living at South Beach with Mario Chalmers and Michael “Every GM in the League Thinks I Might As Well Be Made of Uranium” Beasley. Not exactly a strong hand, especially considering that if past history is any indication, the Heat might just retire James’s jersey even if he never plays for them.

In short, I still believe that the Cavs’ faithful have nothing to fear from the tri-state area, and all signs point to Miami and the Clippers being non-factors. Which means it will all come down to Saturday. Chicago Vs. Cleveland. Only time will tell if Dan Gilbert comes out of that match-up as the ownership equivalent to Craig Ehlo. But for today, at least, I believe we can all rest easy.

-T

June 22, 2010
2010 Cap Reality Series: the NYK Reversal

Some of our readers (though probably not many) may remember that a few months ago I did what I called a “Cap Reality Series” on some of the teams in the market to try to land LeBron this summer.

That series turned out to be a waste of time. Why? Because it was based on a complete misconception of James’s mentality and priorities. The primary error was that I took him at his word when he said that he cared about winning championships above all else. Since that time James has mailed in a playoff series, refused to speak to the Cavs’ #1 coaching candidate, and made it clear through his actions that his main goal is to market himself to as many people as possible.

As a result, much of the evaluation I did was way off-base. And in fact, some of it is laugh-out-loud funny, like when I slammed the Clippers for thinking it was a good idea to go into this historic off-season having just fired their head coach and GM. I still think it’s a stupid move, but it’s a bit ironic considering that the Cavs ultimately ended up doing almost the same thing by firing Mike Brown and then letting Danny Ferry walk away at the end of his contract.

Suffice it to say that if I were to write those same posts again today, I would come up with very different results. In some sense, that’s what I want to do right now, but only in one case—and really, in one aspect in particular.

The case would be the New York Knickerbockers. The aspect would be their head coach, Mike D’Antoni.

When I wrote my Knicks Cap Reality post in February, I had this to say about D’Antoni:

Even more importantly, is it even possible to build a championship team when it’s being coached by Mike D’Antoni, perhaps the least defensively minded coach in recent NBA history? I’ve heard analysts say that LeBron would love to play for him because D’Antoni would let LeBron run all game. Not only does Bron not care about running all game, he’s openly said over and over again that he knows defense is what wins championships. So why exactly is the D’Antoni / New York combo such a great fit for him?

Last weekend, I started reading Jack McCallum’s 7 Seconds or Less, his book about the 2005-6 Phoenix Suns. For anyone who doesn’t know, the Suns granted McCallum full access to basically all team functions as a nominal “special assistant” to the coaching staff that year. He was in the locker room, on the practice court, on the team plane—basically, everywhere the team went from the first pre-season practice through the end of their playoff run.

McCallum provides a revealing behind-the-scenes view of the personalities on the team, from the players to the coaching staff. In fact, the coaches are in many ways the stars of the book. And of course, D’Antoni is the featured attraction among this set.

I now have a much better sense of why D’Antoni has been pitched as the ultimate “player’s coach.” I have to say that it sounds like he deserves the title. He’s almost relentlessly positive with his team, and at the same time, does a tremendous job of bonding with them. For instance, McCallum makes a point early in the book that D’Antoni has been known to play video games with the players prior to regular season games, and that the players absolutely love this. (He also happens to be pretty freaking hilarious, which is generally a great quality for whatever you’re doing.)

Above all, D’Antoni’s offensive system is (theoretically) most players’ dreams. As long as they adhere to the principles at its core, the players have carte blanche to operate as they see fit within that offense. It’s telling that at one point during their playoff series against the Lakers, the Suns are floated a page from a Lakers’ assistant’s scouting report that was left behind in a hotel room. The neon quote from the scouting report was, “In Phoenix’s offense, literally nothing is frowned upon.” Admittedly, this isn’t true. Isolation plays, for instance, would be frowned upon in the Suns’ offense. But D’Antoni and his coaching staff loved this quote so much that they would insert it into practices and huddles as a kind of tongue-in-cheek sign-off. (“OK guys, go out there, match their intensity, be smart, and just run the offense. Remember, literally nothing is frowned upon.”)

However, here’s the other element that’s worth mentioning: throughout the book, D’Antoni talks a good game regarding defense. He spends time and energy going over it in pre-game meetings, at half-time, in practice. He’ll pitch defense to his players as the key to winning games. In short, the man knows how to pay the concept lip service.

That said, in private, his answer to everything is that his team just has to score more. For instance, Amar’e goes down with a knee injury early in the regular season—the opening salvo in the history of knee injuries that has turned Stoudemire into a certified health risk. Not for a moment does D’Antoni suggest that maybe the team should try to fill the void left by Amar’e by defending better or changing their style of play in any way. Instead, he immediately decides that they just need to amp up their scoring.

McCallum also makes a point that D’Antoni’s mind is basically made up about basketball at this point. He knows what he believes, and what he believes is that fluid offense and quick quality shots are the best way to win games. It’s not that defense doesn’t play a part in D’Antoni’s game plan; it’s just a really small part. He also tends to apply it selectively to a few guys. In the 2005-6 season, Raja Bell and Shawn Marion were the guys who were expected to go out and play stellar defense night in and night out. The rest of the team? They should try. But you know, if it didn’t work out, just keep scoring.

In my opinion, this is the perfect storm for a coaching pitch to James. Not the defense-minded James who wanted to win multiple championships, AKA the James of February 2010, but rather the James who wants to put up gaudy numbers, be the center of the greatest show on hardwood, and ultimately, not be challenged by his coach, AKA the James of Now and Forever. D’Antoni can sell James the idea that he does care about defense, and the James of public record can believe him and feel secure knowing that he’s in good hands. In reality, though, both men will know what the story is: D’Antoni will inflate James’s offensive numbers to historic proportions, and if he wants to defend, by all means go for it. It’s James’s show.

This last trait is the most important one. Woj and Ric Bucher have been adamant that James essentially believes that any improvements he needs to make to his game are going to be best determined by him. Coaches aren’t going to teach him anything. This is exactly the type of mindset that D’Antoni would bring to the table. He will be LeBron’s friend. He will laugh and joke and talk with LeBron. He will urge him to shoot, to pass, to run, to put on a show. And yeah, ok, every once in a while, to defend. But by and large, he will let James operate as James wants to operate. I suspect this will even apply when LeBron suddenly decides late in games that he wants to stop the ball and go 1-on-5 (AKA the fantastically mislabeled “Mike Brown’s offense”). Will this run counter to D’Antoni’s instincts as a coach? Absolutely. But as far as I can tell, he’ll let it go in exchange for three quarters per night of D’Antoni offense.

What does this all add up to? In my opinion, it may make the Knicks the leader to sign James. I honestly believe that. Look, he’s not going to Jersey to play for Avery Johnson. I’m becoming increasingly skeptical that he’s going to play in Chicago for Tom Thibodeau. And I ultimately believe that he doesn’t necessarily want to try to make it work with Dwyane Wade in Miami, because he knows Wade would still be the Alpha Dog there. Under Mike D’Antoni, the Knicks seem to offer what the real LeBron James cares about: the spotlight, the money, the numbers, and free reign to do as he pleases on the court.

Can D’Antoni win championships with James, though? Time will tell. But I for one am beginning to believe that time may be the only thing preventing us from knowing that answer.

-T

May 20, 2010
The Summer of Money - The Sign and Trade

The big buzz - amongst everyone who’s already determined LeBron James will leave Cleveland when he becomes a free agent on midnight of July 1st - is about the possibility of a sign and trade. While I think there is a significant chance James stays with the Cavaliers, I can’t fault people for wanting to talk about a sign and trade. It is at least progressive and forward thinking in the sense that it involves conversations about building for the future and maximizing assets in order to do so.

As we all know, after all, the Cavaliers have not won a title with LeBron in town. 

Assuming the projected $56.1M cap sticks and using salary numbers from HoopData, we can talk about which players might come back to Cleveland in a hypothetical sign and trade arrangement. Remember, since the Cavs are over the salary cap, the salaries going out / coming in must match within 125% + $100K. 

Before getting into this, I should say that if the Cavs tell James and his team that they’re open to a sign and trade, it opens the door for him to be dealt to any team in the NBA. For the sake of not letting things get out of control, however, I’ll stick to the teams with cap space for now. I’ll also assume that the Cavs wouldn’t be sending any other players out alongside James, although I’m willing to acknowledge that this could be rather unlikely.

Yes, I know this is cheating. 

These proposed trades are based on the notion that LeBron’s salary next season, in a max deal, will be $16.6M (105% of his current salary - 30% of the cap would be $16.83M, but we’ll stick with $16.6M). This means that the salary totals involved in the trade would have to fall between $16.6M and $20.85M. 

Chicago Bulls: $20.6M in cap space

Luol Deng: $11.3M
Kirk Hinrich: $9M 

And wow that would be a terrible deal. I like Deng more than a lot of people I know, but he’s owed money through 2014 and Hinrich is owed another $8M in the 2011-12 season. Neither player comes anywhere close to filling the gap that would be left by James (in fairness, no two players probably will), and both have bad contracts. 

The Bulls could throw Joakim Noah ($3.1M), Taj Gibson ($1.1M), and James Johnson ($1.7M) on top of Deng, but I doubt James goes to Chicago without Noah - unless he truly hates him - and I would consider Anderson Varejao Noah’s equal anyway. Taj Gibson is Glitch without the upside. 

Miami Heat: $41.5 in cap space

A sign and trade with the Heat is literally impossible unless Miami were to sign a player(s) who is not currently under contract, or a three team deal - maybe with a franchise that is under the cap - could be swung.

In other words, next.

Side note: Remember when there was a debate between Michael Beasley and Derek Rose for the #1 pick? I believe that if Chicago hadn’t won the lottery, Beasley would’ve went first, and Miami may have had a stronger two man core of Dwayne Wade and Rose to add to this offseason. Of course, they still would have had a two man core…

I maintain that Pat Riley did a disservice to Wade, to Miami, and to the NBA by tanking for the past three seasons - no matter what happens this offseason - but that’s another story for another day. 

New York Knicks: $34.5M in cap space

The Knicks are a semi-interesting case only because they open the door to one of the major conversations the Cavaliers front office will be having if it becomes clear James is steadfast on going to another team:

Is it better to get assets in a sign and trade or let James walk and focus on cap space in 2010 and/or 2011?

I bring this up because the Knicks would likely dangle Eddy Curry, who has one year left on his deal at $11.3M. The Knicks could also sign and trade David Lee, giving him to the Cavaliers along with Curry for a combined salary that would fall within the necessary limits. 

In this scenario, the Cavs could be in a position to get a quality player in Lee and cap space in 2011, which could be hampered by a lockout and will be governed by a new collective bargaining agreement. 

What no one knows is what free agency will look in 2011. Will it still be a relative gamble, where teams largely overpay for talent and run the risk of getting locked into bad contracts (Larry Hughes), or will it be restructured to be more favorable to the owners than to the players? 

While all of the signs point to the latter, no one can be certain. 

If the Cavaliers let (or force) LeBron to walk without a sign and trade, it will give them about $9.9M to play with in free agency this offseason. Right now I would be against the team signing anyone with that money because of the uncertainty surrounding the new CBA and the fact that star players come in the draft, not free agency. No one wants to hear this, but if LeBron leaves, the Cavs should be trying to get back into the lottery as soon as f’ing possible. 

New Jersey Nets: $26.3M in cap space

I touched on this with the Bulls, but the Nets provide something else for James to consider - is he willing to give up maximum money (by this I mean a 6 year deal) and leave without a sign and trade so that the team he’s going to is able to keep all of its assets? 

The numbers are close, for example, on the Nets giving the Cavaliers the following players for James: 

Devin Harris: $9M
Yi Jianlian: $4M
Terence Williams: $2.2M
Courtney Lee: $1.4M

But then LeBron has to go to a New Jersey team that no longer has a point guard who was once an all star. And who knows what kinds of draft picks the Cavs might be able to force out of their trading partner, as well. 

As many people have already written, we’re going to learn a lot about LeBron James in the window after July 1st. 

I’ll be back on Monday to write about more potential sign and trade options with different teams.

March 25, 2010
Cavs-Hornets Bazooka Point

It would be impossible, I think, to write about tonight’s game against the Hornets without talking about the triumphant return of Big Z, Zydrunas Ilgauskas. 

So here goes. 

Let’s talk about the contract Z signed on Tuesday.

As has been reported elsewhere, Z took the Cavs’ biannual exception for the rest of this season, and the rest of this season only. He was offered a second year by Danny Ferry, but turned it down. With the money he will make over the rest of the 2010 campaign and the money he received as a result of a trade kicker,  Z will be able to cover his losses from the buyout that was reached with Washington.

Now, what are the ramifications of this? 

From a business standpoint, it is not a great deal for the Cavs. The reason is that their biannual exception is now gone. Since the biannual can only be used every other year, it is no longer available for the Cavs in the summer of 2010. For a team that’s over the salary cap, this is a fairly big deal. Not that they could’ve signed a marquee guy with it, but they could have certainly added another Anthony Parker or Jamario Moon-like piece. 

Secondly, what does it say about Z’s future plans, since a) he believes he can play for at least one more season, and b) he wants to be a free agent this offseason? 

Well, personally, I find it amusing that Z is always portrayed as a pillar of the Cleveland community … and he spends his offseasons at an apartment in SoHo in New York City.

Many speculators assumed that the second Z was released by the Wizards, he’d be back in Avon Lake, hanging out with his kids and driving around at night wearing his stunner shades.

Of course, what was the first thing Z did after he was bought out? 

He went to NYC.

In my mind, this opens up the door for the ultimate conspiracy theory:

Z decided that he wants to be a free agent in the summer so he can go to New York and play with LeBron on the Knicks. After all, one of the major cogs in Donnie Walsh’s plan is that he’ll be able to surround two max players with a bunch of guys willing to play for the veteran’s minimum. I’ve been racking my brain trying to figure out who all of these veteran’s minimum players could be (Tim or I will write a column on some possibilities in the near future) … well, now we have one guy.

Can you imagine the revolt in Cleveland if both LeBron and Z went to NYC this summer?

Cavs win by 13. Game #73 against San Antonio on Friday.

March 2, 2010
Cavs-Knicks Bazooka Point

The Cavaliers trounced the Knicks tonight. They were up by 49 at one point, and I even thought for a minute that the NBA record for margin of victory (68 points, set by the Cavs, against the Miami Heat in December of 1991, during a game that me and DAD attended) might be in jeopardy. It wasn’t - DDR, Jawad Williams, and Darnell Jackson made sure of that - but, suffice it to say, the outcome of the contest was never in doubt.

We use stats in a lot of our posts on JMID for reasons I shouldn’t necessarily have to explain but will anyway. They’re a great way to validate or invalidate our own perceptions, which can often be tricked by extremes, e.g. Glitch mishandling a perfect pass from Bron may make me want to criticize him more than Shaq getting called for offensive three seconds - but really, both plays hold more or less the same value. Additionally, stats can be quite disruptive to widely accepted beliefs that have little or no basis in reality, like the presumption by some in Cleveland that Mo Williams should’ve been an All-Star this season because the Cavs had the best record in the NBA at the break. Since we’re not exactly writing this blog to cooperate with the general consensus or to support the average opinion, stats can be great tools for us.

Most of all, they are based in logic and science, and not the irrational emotions that often emerge from fandom. We’re trying to kill the hysteria of the curse.

Stats help man the guillotine.

(They may also be the underlying reason the Cleveland Plain Dealer still refuses to cite us in their morning sports blog round-up, but I digress.)

There’s one more, very important, point to make on this, and that is that stats always have to be looked at intelligently (saying something like “the Cavs are 35-5 when three or more players score at least 15 points” proves nothing) and in context (rebound rate is more telling than rebounds per minute is more telling than rebounds per game).

Which is why the ‘09-‘10 Knicks are a complete clusterfuck.

Why?

Job psychology.

People who study statistics will tell you that, overall, numbers for basketball players are much more consistent from year-to-year than they are in other sports like football and baseball. Age and injury are the two biggest reasons given for large discrepancies in players’ stats; I would argue that things like fit and shot selection also play a role in smaller variations from one season to the next (Mo Williams never shot above 38.5% from 3P until he played alongside LeBron; since then, he’s hit 43.6% and 43.2% of his attempts from long distance while also taking more attempts per 36 minutes than ever before).

After watching tonight’s game, I have a new probable cause for statistical variance: Donnie Walsh’s strategy to clear cap space for the summer of 2010.

Can you imagine going to work every day knowing that the front office doesn’t give a damn how well you play because, in their mind, your best trait is that your contract expires after the season? Would this make you play hard? Would it make you want to work on your game with your teammates? Would it make you want to listen to your coach?

I think it would make you feel like shit, personally, to wake up every day knowing, “Hey, nobody wants me to be here!”

We’d have to do a thorough analysis to prove this - and, problematically, the sample size isn’t incredibly large since, as far as I know, no one in the history of sport has pulled the cap space maneuver as drastically as Walsh has - but I think this is one of those cases where psychology will have an effect on his efficiency and production.

Cavs-Nets on Wednesday. I may have to be drunk for that one.