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And the Portland Trail Blazers, a team with an owner as wealthy as Paul Allen (did you know the dude owns a yacht that carries two helicopters and a submarine?) is as averse as anyone else to taking on players in their 30s who still have multiple years and big dollars left on their contracts.
Another general manager texted, "If the tax level goes down to $61 million this league is screwed."
Kings co-owner Gavin Maloof said: "Teams that are in the tax are going to be more in the tax.They're going to be giving up players.
Owners don't think of their teams as playthings anymore. They value the bottom line more than ever. In the past, they could tolerate their teams' losing money as long as their principal businesses kept raking it in. But now that the real estate, banking, mortgage, automobile, you-name-it, industries are tanking, it only makes their sports entries look like the dog that's outgrown its cute puppy phase.
So maybe the same time shift takes place between now and the trade deadline next February. There's already talk in Toronto that a slow start could lead to an abandonment of the Chris Bosh project and send their star player into the marketplace. Other disappointing teams will surely give up talent in exchange for tax-friendly contracts.
http://sports.espn.go.com/nba/columns/story?columnist=adande_ja&page=stateofthenba-090721
Interesting article, also some good stuff on the haves and have-nots in the NBA and perhaps the need for more parity in the league.
I'm sure the economy is affecting Paul Allen but I still think he'll be willing to spend money if the right player and the right deal comes his way. At this point I'd rather we hold onto our capspace and see what happens once the season starts. I know we didn't do anything last year, or so far this year, but I still think the best deals are yet to come. I could be delusional though. I just think owners who have been holding out hope that things will get better will realize they're going to get even worse, and they'll quickly hand us Chris Paul for free.

Or something...


