Sign In / Register
Make This My Home Page | Feedback |RSS
You are here: IE »   Story

NBA stars move up to basketball heaven as rich get richer

  • Print
  • Mail This Article
  • Comments
  • Add to favorites
  • Money does not always buy happiness or success in the NBA, but the right transaction can occasionally deliver a slice of nirvana.

    On June 23, Richard Jefferson, a forward who averaged 19.6 points last season, was traded from Milwaukee to San Antonio for a package of nominal players. The Bucks’ decision was mostly financial — they had to shed Jefferson’s $14.2 million salary to avoid paying the luxury tax. The Spurs’ decision was purely competitive — they needed Jefferson’s talents to help win a championship.

    When the accounting was complete, Jefferson found himself nestled in a lineup featuring Tim Duncan, Tony Parker and Manu Ginobili. “Basketball heaven,” Jefferson said after practice last week.

    The deal symbolised a potentially troubling new trend for the NBA, which opens its season on Tuesday. This is the year the rich got richer as six elite teams added top talent:

    Ads by Google

    The LA Lakers, just weeks after winning the championship, signed Ron Artest. The Orlando Magic acquired Vince Carter, a dynamic shooting guard, from the Nets. The Cleveland Cavaliers acquired Shaquille O’Neal from Phoenix. The Boston Celtics signed Rasheed Wallace, who at 35 remains a superior defender and versatile scorer. Having obtained Jefferson, the Spurs then signed Antonio McDyess, Keith Bogans and Theo Ratliff, giving them a fantastically deep bench.

    None of those teams gave up much. O'Neal, Carter and Jefferson were acquired for spare parts, from teams that were solely looking to cut payroll. Artest and Wallace signed below-market contracts. Team executives said they could not recall a summer quite like this. “I don't think it's good,” an Eastern Conference executive said. “There’s no parity.”

    ... contd.

    Next12
    Comments
    Post comment

    Be the first to comment.

    Post a Comment
    Name:
    Email:
    Title:
    Maximum characters allowed     
    Comment:
    TERMS OF USE:
    The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
    I agree to the terms of use.