NBA free agency has officially started and Cleveland Cavaliers guard Kyrie Irving, who wasn’t a free agent at all, became the first person to sign a contract this offseason by agreeing to a maximum contract extension. Now the other big names become the stories with LeBron James, Chris Bosh, Dwyane Wade, Carmelo Anthony, Kyle Lowry and more being recruited by so many teams. It will be a few couple of weeks. Today’s links include a lot of news and rumors regarding free agents.
That’s A LOT of Money: The Brooklyn Nets are bankrolled by a man that probably will never know what it feels like to not be crazy rich. Still the amount of money they lost in 2013-2014 was insane. Zach Lowe got his hands on the numbers:
That’s a valid concern. The basketball side of the Nets’ business is projected to have lost $144 million over the 2013-14 season, according to a confidential memo the league sent to all 30 teams in early June. (Grantland has reviewed and verified the memo with a half-dozen sources.) If that strikes you as out of whack, that’s because it is.
Sun Rising: Tom Ziller how how the Suns can be the next great team in the NBA.
There’s no lottery team in better position than the Suns, which is to be expected given that the Suns won 48 games. But this could be the summer that the Suns start to rival bigger fish — the Spurs, the Thunder, the Clippers, the Rockets, the Heat — for NBA supremacy. No team has a more intriguing position heading into July.