Are you pulling a Tacker and acting like you wrote this?
And i don't really agree with the Suns being on here. They should try and stick it out for one more year with the squad they have.
Get ready to rape, pillage and plunder. The top 5 teams in the NBA ready to be gutted. Arggghh ye maties...run up the Jolly Roger!
5. Los Angeles Clippers
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The Problem: It is widely accepted that Clippers owner Donald Sterling (one seriously strange bird) is the worst owner in sports, and without a doubt one of the cheapest. He's holding three contracts that even Jabba the Hut would mock as "bloated": Zach Randolph (6-years, $84 million expiring in 2011), Baron Davis (5-years, $65 million expiring in 2013) and Chris Kaman (5-years, $53 million expiring in 2012) -- all could be had on the cheap. The Clippers won big on lottery night and are virtually a lock to take Oklahoma's power forward Blake Griffin with the top pick, but they have salary to dump.
4. Golden State Warriors
Can a team that takes on Warriors salary get a young big man like Anthony Randolph?
The Problem: The Warriors are saturated with fat, regrettable contracts they'll be paying on even after Skynet unleashes Judgement Day. Monta Ellis, Andris Biedrins, Corey Maggette and Stephen Jackson tie up over $40 million annually until 2013, with Ellis and Biedrins going to 2014. This is the core of a team that went 29-53 this season, making their feel-good 2006-07 season a distant memory.
3. New Jersey Nets
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The Problem: New Jersey is a mess right now. The Nets had operating losses of $9.5 million in the 2006 fiscal year. They followed that up with losses of $14.7 million in 2007, $22.6 million in 2008 and $27.8 million in 2009. That's not a good trend. The team's revenue from the arena is extremely poor -- they can't sell tickets, period. Adding to the pain is the fact that the team's move to Brooklyn continues to get delayed, with no clear end in sight. It remains to be seen if part-owner Jay-Z still thinks he can make a run at LeBron James, but if so, 2010 expiring contracts would be highly desirable in Jersey.
2. New Orleans Hornets
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The Problem: Hornets owner George Shinn doesn't do luxury tax, but in 2009-2010, George Shinn is going to do luxury tax. That is, unless he dumps salary. With Chris Paul's extension kicking in, the Hornets currently have a $76 million payroll on deck, with the luxury tax line expected to be $69-$70 million. The biggest thorn in the franchise's side is Peja Stojakovic, who is a s of the player the Hornets thought they signed and is on the books for another $30 million guaranteed over the next two seasons. We know the Hornets have tried to cut costs -- they dumped Tyson Chandler for expiring contracts to the Thunder just before the trading deadline, but the deal was rescinded after Chandler's physical.
1. Phoenix Suns
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The Problem: Two of the hardest industries hit by the recession were banking and real estate, and that's exactly where Suns majority owner Robert Sarver, the Chairman and CEO of Western Alliance Bancorporation, made his fortune. The bank posted total losses of almost $90 million in the first quarter this year and the stock price dropped over 90% from the value two years previous. So it came as no real shock that Sarver's Suns were trying to trim payroll before the trading deadline, and all the buzz is they will try to do the same this summer.
Are you pulling a Tacker and acting like you wrote this?
And i don't really agree with the Suns being on here. They should try and stick it out for one more year with the squad they have.
They make this excuse for Sarver as if he wasn't cheap before the economy tanked.The Problem: Two of the hardest industries hit by the recession were banking and real estate, and that's exactly where Suns majority owner Robert Sarver, the Chairman and CEO of Western Alliance Bancorporation, made his fortune. The bank posted total losses of almost $90 million in the first quarter this year and the stock price dropped over 90% from the value two years previous. So it came as no real shock that Sarver's Suns were trying to trim payroll before the trading deadline, and all the buzz is they will try to do the same this summer.
I didn't write this so big deal...it's good information anyhow. Ya want me to post a link to CF? Bleah
Discuss
Yeah stick it out with the team that just missed the playoffs and doesn't like to play defense great idea![]()
He didn't claim it as his. I am pretty sure everyone knows he didn't right this, too.
bring me Shaq and Barbosa and sprinkle in a little Marcus Camby
Memphis is a good trade targets too. The suck, they are going to try to get better and their franchise is in dire financial straits. They are going to deal.
Does that mean we have to share JJ Hickson with the Clippers? I guess 50% of JJ Hickson is better than 99% of most NBA players.
It was more in jest than anything else.
They had alot of momentum at the end of the year with Gentry having time to shape the team. Nash isn't getting younger, Shaq isn't getting younger...there's no reason not to give it another shot.
you ain't getting nothing but D-League call ups because your owner can't run a business.
The fact that "giving it another shot" hasn't done the last two years isn't a good enough reason? Should they piss away a 3rd straight season cause 2 straight seasons where the GM should have known they aren't a legit contender wasn't good enough?
And what in momentum are you talking about? They went 18-13 under Gentry. Wow 18-13 Ima nut myself that record is so good.
The Cavs went out and did the smart thing by getting some Chinese men to pay for the off season spending spree we are about to go on.
Yeah like Cleveland has such a well run team.
^ Is the first thing I have agreed with T-Dan about. Damn, with all the cash they have over there what does a Chinese Mogul care about the luxury tax.
actually, our owner avoided most of the mess because he never got into the sub prime market. So you are right, he does know how to run a business
The Chinese own America as it is, no sense in denying that. Give them 15% ownership to market Lebron, and use their money to buy players when everyone else is looking to dump payroll. It's like anything right now, if you have money, it's the time to buy. If you don't have money, life sucks more right now. The Suns just got laid off, and the Cavs just got promoted to CEO
Well Sarver's not in any financial trouble either, he said so himself
And I hope Sarver does go bankrupt. It'll be great to hear about him selling his house on the news.
I know how it feels to have a broke owner. The owner of the Indians is just some lawyer that spent all of his money on the Indians because it was his dream to own his favorite team. Little did he know that he actually has to have some money to run the team. He is basically hood rich. He is also the brother of the owner of the Knicks, so being a terrible owner runs in the family.
He bought the Ferrari but doesn't have money to put gas in it
It doesn't matter with Sarver. Even when he wasn't broke he was still cheap. The Suns are royally ed until he sells the team. It's going to suck if he gets away clean as an innocent owner who got screwed by the economy, he was a from day 1.
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