(06-30-2024, 09:38 AM)SleepingHero Wrote: Adrian Wojnarowski (@wojespn)
ESPN Sources: The Detroit Pistons are hiring J.B. Bickerstaff as the franchise’s next coach. Bickerstaff comes to the Pistons after consecutive trips to playoffs with Cavaliers —- including the Eastern Conference semifinals.

(06-30-2024, 09:47 AM)HoosierDaddyKidd Wrote: This is kind of surprising to me.  I always thought he got raw deal in Cleveland. He took them to the 2nd round in the playoffs (even though it took a game 7-win vs the Magic to get there) for the first time since LeBron left before injuries to Allen and Mitchell did them in vs Boston.

(06-30-2024, 09:57 AM)SleepingHero Wrote: Vincent Goodwill (@VinceGoodwill)
J.B. Bickerstaff will be the new Pistons head coach, sources tell @YahooSports. It was between Bickerstaff and former Pistons assistant Sean Sweeney, who’s in Dallas.

Woj first on the report

(06-30-2024, 10:01 AM)SleepingHero Wrote: Adrian Wojnarowski (@wojespn) ✧
J.B. Bickerstaff has agreed on a five-year deal to become the Pistons' coach, sources tell ESPN.

(06-30-2024, 10:11 AM)RoyTarpleysGhost Wrote: Pistons gonna Piston. Glad we get to keep Sweeney for one more year.

(06-30-2024, 10:19 AM)Mavs2021 Wrote: It´s amazing. Sweeney would have had the exactly correct profile for the job. What you want to do when you enter a rebuilding stage is to hire a young coaching genius that wants to establish himself (see Utah or OKC, oh look only WC teams again) and will work through the lows, not some established as mediocre win now coach like Williams.

This really is FO 101 and these East teams can´t even copy that.

(06-30-2024, 10:11 AM)RoyTarpleysGhost Wrote: Pistons gonna continue get Piston

(07-01-2024, 12:13 PM)KillerLeft Wrote: Boston Celtics for sale!? Shocking!

https://x.com/wojespn/status/1807823591125254247

(07-01-2024, 12:18 PM)KillerLeft Wrote: John Hollinger:

Selling the Celtics rn is low-key brilliant -- cash out and let somebody else either deal with that massive repeater penalty coming in 2025-26, or be the bad guy for breaking team up.

https://x.com/johnhollinger/status/1807825223292453046

(07-01-2024, 12:20 PM)DallasMaverick Wrote: Buy low.  Sell high.  

Seems like a good strategy.

(07-01-2024, 12:21 PM)KillerLeft Wrote: For sure, and he's right. That team is either gonna get broken up or hemorrhage money.

(07-01-2024, 12:24 PM)DallasMaverick Wrote: NBA franchises are mostly like zero-coupon bonds.  They don't really provide any cash flow, but you get a big payday at the end.

(07-01-2024, 12:37 PM)omahen Wrote: In 2022/23 season Mavs revenue was 430 mil and operating income was over 80 mil. I don't think this is considered as bad business

(07-01-2024, 01:18 PM)DallasMaverick Wrote: True, in recent years they've actually shown a small net profit.

https://www.statista.com/statistics/286066/operating-income-of-the-dallas-mavericks-national-basketball-association/

...although the Operating Income number excludes some expenses, like rent payments on their arena.

...and I'd argue that a $3 billion dollar asset should produce better than a 2.5% income, if it's cash flow you're after.  And if you total the last 22 years' worth of income, it's about a 1% annual cash return.

So I'll stand by my argument that it's much more like a zero-coupon bond, or maybe raw land, than a business or a commercial building, for example.

This is one of the reasons the NBA only wants owners with strong balance sheets.  They don't want the owner counting on any cash flow while they own the franchise.