-The Bulls continue to run screen-and-roll with Ben Gordon at the top of the key at the end of games. For the last year of so, teams realize that the play off that is to double Gordon and trap him, so he cannot attack the basket. Often times, due to a lack of height, Gordon ends up getting trapped near the half court line and the Bulls do not get a shot up. The especially frutstrating part about this is that they use a non-perimeter player to set the screen, so he is not a threat when the opposition doubles the ball.
-Like Kobe Bryant does for the Lakers and Chris Paul does for the Hornets, during the Rockets twenty-two game winning streak, the entire offense ran through Tracy McGrady. Outside of an increase in points per game, by looking at the statistics, you can not see the impact McGrady truly made during the eleven games the Rockets won during Yao Ming's absence. However, by running their offense through McGrady, he was able to involve guys like Luis Scola, Carl Landry, Chuck Hayes, Bobby Jackson, and even Mike Harris to infuse the winning streak. Allowing Alston to play more off the ball and utilize his improved three point shooting is ideal for the Rockets. During the twenty-two game winning streak, Alston shot nearly fourty percent from behind the three point line, including three games where he hit four or more threes.
-In last night's game, Boston chose to put all their efforts into minimizing McGrady's impact. Paul Pierce, Tony Allen, and James Posey all took shots at defending McGrady, but it was really a team effort that forced the ball out of his hands. McGrady shot four for eleven from the field and only scored eight points. Although he still ended up having eight assists, McGrady's plus/minus ended at -27, and he basically sat out the entire fourth quarter after the Rockets were outscored 32 to 16 in the third.
-I'm guessing after last night's embarrassing loss to the Detroit Pistons, 136-120, the Nuggets are now really regretting not making a trade for Ron Artest. The Nuggets stand today one-and-a-half games out of the playoffs and average 109 points per game given up - third worst in the NBA. At this point, I do not think the Nuggets will make the playoffs. Their only capable defensive player appears to be Marcus Camby, but he cannot do it alone. Even if they do sneak into the playoffs, I would expect a very short stay.
Showing posts with label Yao Ming. Show all posts
Showing posts with label Yao Ming. Show all posts
Wednesday, March 19, 2008
Monday, December 31, 2007
Sports Agents Discuss Negotiating
This Is Not a Game
Top sports agents share their negotiating secrets.
Alix Stuart, CFO Magazine
January 1, 2006
From the sidelines, professional athletes have leverage that corporate negotiators can only dream of. Endowed with unmatchable skills and advised by top agents, stars like Alex Rodriguez, LeBron James, and Maria Sharapova can just name their price, threaten to walk, and receive untold riches, right?
Not quite. For anyone who has followed the saga of Terrell Owens, All-Pro wide receiver for the Philadelphia Eagles, it's clear that even a star needs to play by certain rules. When Owens's agent, Drew "The Shark" Rosenhaus, fumbled an attempt to secure a better contract for him, Owens vented his displeasure by insulting his teammates and was effectively terminated.
While Owens's situation is an extreme example of how aggressiveness can backfire, other top agents say they are just as restricted by basic negotiation principles as the next guy. "There has to be some resolute willingness to push the envelope," says sports agent Leigh Steinberg, head of Leigh Steinberg Enterprises and the inspiration for the character Jerry Maguire in the 1996 movie of the same name, but "you need to remember that all humans have ego and pride, so the key is to try and avoid confrontation."
Can the intricacies of sports negotiation offer any lessons for finance executives? Sure, signing All-Star pitcher Roger Clemens to another year is much more glamorous than brokering a better compensation package, selling off a business, or quelling employee dissatisfaction. But the similarities outweigh the differences. Deal-making in the corporate world involves "the same dynamics" as negotiating sports contracts, says Peter Carfagna, who oversaw contracts for the likes of Tiger Woods while he was chief legal officer at International Management Group and now teaches negotiation strategy at Case Western Reserve University. Even when you have a good deal of leverage, he adds, "you have to use it selectively, so you develop a reputation for being reasonable."
Make a List, Check It Twice
The first step, say many agents, is to catalog what you want. The longer and more varied your wish list, the better. "You should itemize a whole litany of requests, which become bargaining chips," says Bill Duffy, agent for National Basketball Association stars like Yao Ming and Drew Gooden. That strategy essentially means padding your must-haves with nice-to-haves and not disclosing which are which. "You may have things that you're willing to throw away, but your opponent doesn't know that," says Duffy.
Knowing the priorities ahead of time makes it easier to concentrate on the things that matter most to your client, says Lon S. Babby, agent for the NBA's Grant Hill and Ray Allen. He gives clients a list and asks them to rank about 15 criteria, from salaries and incentives to state income-tax considerations. Such lists are just as critical in corporate deals, although they may not appear until the later stages of a negotiation. "A lot of people think it's just about price, but it's often more subtle," says Peter Falvey, managing director at Revolution Partners, a Boston-based investment bank. In his experience, concerns like liquidity and employee provisions often take precedence.
The question then becomes whether to tackle the most or least important issue first — and how transparent to make the ranking. Carfagna says that while at IMG he used an "inside-out strategy," starting with the most-important issues, "because I wanted to know if we had a deal before getting to the peripheral issues." In the corporate world, some deal-makers, like John J. Leahy, CFO of Boston-based technology consultancy Keane Inc., believe in dealing with the low-hanging fruit first. "The more things you can agree to, the more psychological momentum you get, and the further along you are to getting the deal done," he says.
In most corporate deals, a letter of intent spells out core terms like price and time frame, so there is a defined starting point. Finance chiefs say that makes the process more efficient. Duffy, on the other hand, prefers to have the other side make the first offer, because "you certainly wouldn't want to underbid." Either way, the key to a successful deal is to engineer the back-and-forth so that "you get what you want, but you have the other side offer it," says Babby.
Head Games Once you know what you want, the next step is to "inhabit the reality" of the person with whom you are negotiating, says Steinberg. "You've got to understand what the pressures are on that person," he adds. His first step is to research the negotiation history of a team's general manager, running through questions like: Is this someone who will make a first offer and stick with it, or does he play a high-low negotiation game? Is this someone who has real authority, or will he need to run the deal by his boss?
Such due diligence, as CFOs would call it, is much like that advocated by negotiation guru Roger Fisher in his landmark book Getting to Yes, and it recently helped Steinberg land a giant salary for Pittsburgh Steelers quarterback Ben Roethlisberger. When Steinberg negotiated the first-round draft pick's initial contract with the Steelers in 2004, he knew the team was "philosophically opposed" to clauses known as escalators — incentives that enhance base salary in a deal's latter years. For his part, though, Roethlisberger wanted the opportunity to earn more for performance and to keep pace with other quarterbacks over time.
So Steinberg did some creative term-setting, and in the end Roethlisberger agreed to take the lowest possible base salary in his starting year in exchange for a $9 million signing bonus and a six-year contract filled with incentives based on playing time that could make it worth as much as $40 million over that time. "Had we insisted on an escalator, he might still be holding out," says Steinberg.
On the corporate side, Keane CFO Leahy has recognized that one of his first steps in deals with privately held, owner-run companies is to get sellers "past the emotional hurdle" of letting go. Since sellers are typically concerned with the fate of their customers and employees, Leahy says that he tries to make the case that merging with Keane will be best for all involved. Without promising too much, he tries to get owners comfortable with "the role current employees will play in the combined company, or demonstrate the type of investments we're willing to make."
Perception Is Reality
Of course, what both sides want ultimately ends up second to what the market will bear. Consequently, in sports negotiations — as in many CEO and CFO compensation contracts — a major component of external due diligence is a peer review. That often means making a case that a particular athlete exceeds the competition — as the agent defines it. "The question in these negotiations is often whose definition of performance and value will prevail," says Steinberg.
Setting such terms is especially important when marketing somewhat damaged goods. Last season, Tom O'Connell, head of Tampa-based Legends Management Group, represented a minor-league third baseman who was struggling after a "tremendous" previous season. By isolating the source of his poor performance — a switch to the American League after seven years in the National League — O'Connell could then go back to some of the National League teams that had courted him to "rekindle the fire." And in the end, O'Connell secured a deal in a more familiar environment; one that he believes offers the player a greater opportunity to make the majors. The trick, says O'Connell, is selling potential: "It's very easy to ride a thoroughbred, but Seabiscuit is a whole different animal," he explains.
Similarly, the jockeying Guidant recently did to rejuvenate its acquisition by Johnson & Johnson is a case study in emphasizing potential. When Guidant announced last fall that some of its pacemakers and defibrillators had been recalled, J&J tried to renege on its $25 billion offer, on the grounds that conditions had materially changed. Rather than rolling over and playing dead, however, Guidant filed a lawsuit against J&J for breach of contract, maintaining that its share price was still strong and that it would soon have the lawsuits behind it. Ultimately, the two parties agreed on a discounted price — about 15 percent below the original offer. (At press time, however, another suitor — Boston Scientific Corp. — had trumped the J&J bid for Guidant and the deal was uncertain.)
Some agents have struck gold for their clients by thinking outside the peer group. That was how former tennis player Anna Kournikova earned a reported $20 million in endorsements in 1999, more than any other female tennis player, even though she was hardly a top-ranked player. "We posited that the marketplace for Anna Kournikova was not the tennis marketplace, but the celebrity and entertainment marketplace," says Kournikova's agent at the time, Octagon's Phil de Picciotto. "Essentially the argument is, 'Yes, you're paying more than you ever thought you would. But we're going to deliver more than you could ever imagine.'"
Executive-compensation consultants are hard-pressed to name a CFO with that kind of star power, but there are ways to stand apart. "Some CFOs are more valuable than others, either because they have depth in a certain area of finance expertise or breadth in areas beyond finance," says Jan Koors, managing director of Pearl Meyer & Partners. One advantage enjoyed by those in the business world is that, unlike athletes, executives typically enhance their skills with age. An athlete, says Babby, may be "the nicest guy in the city, but if he can't play anymore, it's a cold business."
Resolve and Patience
Many athletes get the best deals when they have alternatives. That's why free agency, or being able to field offers from multiple teams, is so often at the heart of the deal in professional sports.
That fact was perfectly illustrated by Ray Allen's most recent negotiations with the Seattle SuperSonics, says Babby. The agent started by approaching the team a year ahead of the contract expiration to offer it first dibs on "a franchise icon," but found the team unwilling to pay. Not until a year later did the team re-sign Allen at the salary he wanted — after his contract expired and he had other offers. "We saw the market one way, they saw it another way, and ultimately we couldn't get it resolved until [Allen] could go out and prove his value," the agent says.
Still, for the ultimate alternative — walking away — to work, says Carfagna, "you have to be willing to make good on your threat." Such resolve is probably why the Minnesota Vikings' Bryant McKinnie eventually got a better deal than the team wanted to give. The seventh draft pick in 2002 asked to be paid more than the player ranked behind him, but the team refused to meet that condition. In response, McKinnie held out eight weeks into the regular season, losing out on any salary he would have been paid if he had been signed in a timely fashion. Finally, as the November 1 deadline by which Minnesota had to sign or lose him drew near, the team owners caved and paid McKinnie for a full five years, despite the half season he'd missed. "He was able to resist the temptation of signing an inferior deal," says McKinnie's agent, SFX Sports Group's Jim Steiner.
When such strong-arm tactics would be counterproductive, agents say that relying on performance-based contingencies — and patience — can be the best way to get a deal done. When the San Francisco 49ers released Jerry Rice in 2001 at age 39, for example, Steiner, his agent, admits that "we had only a certain amount of leverage, because there were only two teams interested, [the Oakland Raiders and the Detroit Lions,] and Detroit was willing to go only so far." In that case, he and Rice accepted a relatively low seven-figure salary, and then renegotiated for a better deal after Rice exceeded expectations and went to the Pro Bowl.
Similarly, earnout structures used in deals when an unproven product is at stake can reward future value. Murraysville, Pennsylvania-based medical-device maker Respironics Inc., for example, agreed to buy a product line from SpectRx Inc. back in 2003 for $5 million in cash and an additional $6.25 million over the next two years, contingent on the business's performance. In November, SpectRx got the last of its checks from the buyer, ending up with a grand total of $9.5 million for the product line. Says CFO Dan Bevevino: Earnouts are "a good way to bridge any difference in valuation perspectives," while ensuring that the buyer pays only for what it gets.
Be Nice
In all negotiations, however, sports agents agree that the tenor must be professional, courteous, and ethical. As soft as it sounds, many agents say building good relationships is what is most critical to getting the best deals. "It's a small world, and what goes around comes around," says Duffy.
Such an attitude paid off in spades for agent Mark Bartelstein when client Darius Songaila's contract with the Sacramento Kings came up for renewal last year. Bartelstein could have secured a release by working up a three-year deal with another NBA team that the Kings could not have matched, but Songaila's preference was an offer the Kings easily could have topped — a shorter contract from the Chicago Bulls.
So, with nothing to offer, Bartelstein went to the King's operating chief, whom he considers a friend, and asked for a favor. "I went to Geoff[Petrie] and said, 'Would you do the right thing for Darius?'" Bartelstein recalls, at which point Petrie backed off the negotiations. Bartelstein believes the implicit agreement was that he would remember the goodwill in the future when it came to marketing the Kings to clients. "He knows I'm not going to forget he did something for me," says Bartelstein.
The ultimate prize for a CFO in any negotiation, however, may be the personal satisfaction that comes from a battle well fought, regardless of the final terms. If a CFO won't argue for what he really wants, says Steinberg, he will be consigned to "that great mass of people who walk through life with a terrible roiling sense in their gut, feeling underappreciated and trod on." And, of course, if you can show shareholders the money, you may just feel like a star.
Alix Nyberg Stuart is senior writer at CFO.
http://www.cfo.com/printable/article.cfm/5347948/c_5350503?f=options
Top sports agents share their negotiating secrets.
Alix Stuart, CFO Magazine
January 1, 2006
From the sidelines, professional athletes have leverage that corporate negotiators can only dream of. Endowed with unmatchable skills and advised by top agents, stars like Alex Rodriguez, LeBron James, and Maria Sharapova can just name their price, threaten to walk, and receive untold riches, right?
Not quite. For anyone who has followed the saga of Terrell Owens, All-Pro wide receiver for the Philadelphia Eagles, it's clear that even a star needs to play by certain rules. When Owens's agent, Drew "The Shark" Rosenhaus, fumbled an attempt to secure a better contract for him, Owens vented his displeasure by insulting his teammates and was effectively terminated.
While Owens's situation is an extreme example of how aggressiveness can backfire, other top agents say they are just as restricted by basic negotiation principles as the next guy. "There has to be some resolute willingness to push the envelope," says sports agent Leigh Steinberg, head of Leigh Steinberg Enterprises and the inspiration for the character Jerry Maguire in the 1996 movie of the same name, but "you need to remember that all humans have ego and pride, so the key is to try and avoid confrontation."
Can the intricacies of sports negotiation offer any lessons for finance executives? Sure, signing All-Star pitcher Roger Clemens to another year is much more glamorous than brokering a better compensation package, selling off a business, or quelling employee dissatisfaction. But the similarities outweigh the differences. Deal-making in the corporate world involves "the same dynamics" as negotiating sports contracts, says Peter Carfagna, who oversaw contracts for the likes of Tiger Woods while he was chief legal officer at International Management Group and now teaches negotiation strategy at Case Western Reserve University. Even when you have a good deal of leverage, he adds, "you have to use it selectively, so you develop a reputation for being reasonable."
Make a List, Check It Twice
The first step, say many agents, is to catalog what you want. The longer and more varied your wish list, the better. "You should itemize a whole litany of requests, which become bargaining chips," says Bill Duffy, agent for National Basketball Association stars like Yao Ming and Drew Gooden. That strategy essentially means padding your must-haves with nice-to-haves and not disclosing which are which. "You may have things that you're willing to throw away, but your opponent doesn't know that," says Duffy.
Knowing the priorities ahead of time makes it easier to concentrate on the things that matter most to your client, says Lon S. Babby, agent for the NBA's Grant Hill and Ray Allen. He gives clients a list and asks them to rank about 15 criteria, from salaries and incentives to state income-tax considerations. Such lists are just as critical in corporate deals, although they may not appear until the later stages of a negotiation. "A lot of people think it's just about price, but it's often more subtle," says Peter Falvey, managing director at Revolution Partners, a Boston-based investment bank. In his experience, concerns like liquidity and employee provisions often take precedence.
The question then becomes whether to tackle the most or least important issue first — and how transparent to make the ranking. Carfagna says that while at IMG he used an "inside-out strategy," starting with the most-important issues, "because I wanted to know if we had a deal before getting to the peripheral issues." In the corporate world, some deal-makers, like John J. Leahy, CFO of Boston-based technology consultancy Keane Inc., believe in dealing with the low-hanging fruit first. "The more things you can agree to, the more psychological momentum you get, and the further along you are to getting the deal done," he says.
In most corporate deals, a letter of intent spells out core terms like price and time frame, so there is a defined starting point. Finance chiefs say that makes the process more efficient. Duffy, on the other hand, prefers to have the other side make the first offer, because "you certainly wouldn't want to underbid." Either way, the key to a successful deal is to engineer the back-and-forth so that "you get what you want, but you have the other side offer it," says Babby.
Head Games Once you know what you want, the next step is to "inhabit the reality" of the person with whom you are negotiating, says Steinberg. "You've got to understand what the pressures are on that person," he adds. His first step is to research the negotiation history of a team's general manager, running through questions like: Is this someone who will make a first offer and stick with it, or does he play a high-low negotiation game? Is this someone who has real authority, or will he need to run the deal by his boss?
Such due diligence, as CFOs would call it, is much like that advocated by negotiation guru Roger Fisher in his landmark book Getting to Yes, and it recently helped Steinberg land a giant salary for Pittsburgh Steelers quarterback Ben Roethlisberger. When Steinberg negotiated the first-round draft pick's initial contract with the Steelers in 2004, he knew the team was "philosophically opposed" to clauses known as escalators — incentives that enhance base salary in a deal's latter years. For his part, though, Roethlisberger wanted the opportunity to earn more for performance and to keep pace with other quarterbacks over time.
So Steinberg did some creative term-setting, and in the end Roethlisberger agreed to take the lowest possible base salary in his starting year in exchange for a $9 million signing bonus and a six-year contract filled with incentives based on playing time that could make it worth as much as $40 million over that time. "Had we insisted on an escalator, he might still be holding out," says Steinberg.
On the corporate side, Keane CFO Leahy has recognized that one of his first steps in deals with privately held, owner-run companies is to get sellers "past the emotional hurdle" of letting go. Since sellers are typically concerned with the fate of their customers and employees, Leahy says that he tries to make the case that merging with Keane will be best for all involved. Without promising too much, he tries to get owners comfortable with "the role current employees will play in the combined company, or demonstrate the type of investments we're willing to make."
Perception Is Reality
Of course, what both sides want ultimately ends up second to what the market will bear. Consequently, in sports negotiations — as in many CEO and CFO compensation contracts — a major component of external due diligence is a peer review. That often means making a case that a particular athlete exceeds the competition — as the agent defines it. "The question in these negotiations is often whose definition of performance and value will prevail," says Steinberg.
Setting such terms is especially important when marketing somewhat damaged goods. Last season, Tom O'Connell, head of Tampa-based Legends Management Group, represented a minor-league third baseman who was struggling after a "tremendous" previous season. By isolating the source of his poor performance — a switch to the American League after seven years in the National League — O'Connell could then go back to some of the National League teams that had courted him to "rekindle the fire." And in the end, O'Connell secured a deal in a more familiar environment; one that he believes offers the player a greater opportunity to make the majors. The trick, says O'Connell, is selling potential: "It's very easy to ride a thoroughbred, but Seabiscuit is a whole different animal," he explains.
Similarly, the jockeying Guidant recently did to rejuvenate its acquisition by Johnson & Johnson is a case study in emphasizing potential. When Guidant announced last fall that some of its pacemakers and defibrillators had been recalled, J&J tried to renege on its $25 billion offer, on the grounds that conditions had materially changed. Rather than rolling over and playing dead, however, Guidant filed a lawsuit against J&J for breach of contract, maintaining that its share price was still strong and that it would soon have the lawsuits behind it. Ultimately, the two parties agreed on a discounted price — about 15 percent below the original offer. (At press time, however, another suitor — Boston Scientific Corp. — had trumped the J&J bid for Guidant and the deal was uncertain.)
Some agents have struck gold for their clients by thinking outside the peer group. That was how former tennis player Anna Kournikova earned a reported $20 million in endorsements in 1999, more than any other female tennis player, even though she was hardly a top-ranked player. "We posited that the marketplace for Anna Kournikova was not the tennis marketplace, but the celebrity and entertainment marketplace," says Kournikova's agent at the time, Octagon's Phil de Picciotto. "Essentially the argument is, 'Yes, you're paying more than you ever thought you would. But we're going to deliver more than you could ever imagine.'"
Executive-compensation consultants are hard-pressed to name a CFO with that kind of star power, but there are ways to stand apart. "Some CFOs are more valuable than others, either because they have depth in a certain area of finance expertise or breadth in areas beyond finance," says Jan Koors, managing director of Pearl Meyer & Partners. One advantage enjoyed by those in the business world is that, unlike athletes, executives typically enhance their skills with age. An athlete, says Babby, may be "the nicest guy in the city, but if he can't play anymore, it's a cold business."
Resolve and Patience
Many athletes get the best deals when they have alternatives. That's why free agency, or being able to field offers from multiple teams, is so often at the heart of the deal in professional sports.
That fact was perfectly illustrated by Ray Allen's most recent negotiations with the Seattle SuperSonics, says Babby. The agent started by approaching the team a year ahead of the contract expiration to offer it first dibs on "a franchise icon," but found the team unwilling to pay. Not until a year later did the team re-sign Allen at the salary he wanted — after his contract expired and he had other offers. "We saw the market one way, they saw it another way, and ultimately we couldn't get it resolved until [Allen] could go out and prove his value," the agent says.
Still, for the ultimate alternative — walking away — to work, says Carfagna, "you have to be willing to make good on your threat." Such resolve is probably why the Minnesota Vikings' Bryant McKinnie eventually got a better deal than the team wanted to give. The seventh draft pick in 2002 asked to be paid more than the player ranked behind him, but the team refused to meet that condition. In response, McKinnie held out eight weeks into the regular season, losing out on any salary he would have been paid if he had been signed in a timely fashion. Finally, as the November 1 deadline by which Minnesota had to sign or lose him drew near, the team owners caved and paid McKinnie for a full five years, despite the half season he'd missed. "He was able to resist the temptation of signing an inferior deal," says McKinnie's agent, SFX Sports Group's Jim Steiner.
When such strong-arm tactics would be counterproductive, agents say that relying on performance-based contingencies — and patience — can be the best way to get a deal done. When the San Francisco 49ers released Jerry Rice in 2001 at age 39, for example, Steiner, his agent, admits that "we had only a certain amount of leverage, because there were only two teams interested, [the Oakland Raiders and the Detroit Lions,] and Detroit was willing to go only so far." In that case, he and Rice accepted a relatively low seven-figure salary, and then renegotiated for a better deal after Rice exceeded expectations and went to the Pro Bowl.
Similarly, earnout structures used in deals when an unproven product is at stake can reward future value. Murraysville, Pennsylvania-based medical-device maker Respironics Inc., for example, agreed to buy a product line from SpectRx Inc. back in 2003 for $5 million in cash and an additional $6.25 million over the next two years, contingent on the business's performance. In November, SpectRx got the last of its checks from the buyer, ending up with a grand total of $9.5 million for the product line. Says CFO Dan Bevevino: Earnouts are "a good way to bridge any difference in valuation perspectives," while ensuring that the buyer pays only for what it gets.
Be Nice
In all negotiations, however, sports agents agree that the tenor must be professional, courteous, and ethical. As soft as it sounds, many agents say building good relationships is what is most critical to getting the best deals. "It's a small world, and what goes around comes around," says Duffy.
Such an attitude paid off in spades for agent Mark Bartelstein when client Darius Songaila's contract with the Sacramento Kings came up for renewal last year. Bartelstein could have secured a release by working up a three-year deal with another NBA team that the Kings could not have matched, but Songaila's preference was an offer the Kings easily could have topped — a shorter contract from the Chicago Bulls.
So, with nothing to offer, Bartelstein went to the King's operating chief, whom he considers a friend, and asked for a favor. "I went to Geoff[Petrie] and said, 'Would you do the right thing for Darius?'" Bartelstein recalls, at which point Petrie backed off the negotiations. Bartelstein believes the implicit agreement was that he would remember the goodwill in the future when it came to marketing the Kings to clients. "He knows I'm not going to forget he did something for me," says Bartelstein.
The ultimate prize for a CFO in any negotiation, however, may be the personal satisfaction that comes from a battle well fought, regardless of the final terms. If a CFO won't argue for what he really wants, says Steinberg, he will be consigned to "that great mass of people who walk through life with a terrible roiling sense in their gut, feeling underappreciated and trod on." And, of course, if you can show shareholders the money, you may just feel like a star.
Alix Nyberg Stuart is senior writer at CFO.
http://www.cfo.com/printable/article.cfm/5347948/c_5350503?f=options
Wednesday, October 31, 2007
Observations on Rockets @ Lakers - 10/30/07
Last night, I watched the Houston Rockets open their season in Los Angeles against the Lakers. All week, there has been discussion around Kobe Bryant and whether or not he will continue to force a trade out of Los Angeles.
Here is the boxscore from last night's game:
http://sports.yahoo.com/nba/boxscore;_ylt=AhLqHhTyqnNLGQi8kUst.sU5nYcB?gid=2007103013
My observations:
-Hiring Rick Adelman as the head coach of the Rockets was a great move. He will bring more innovation to Houston's offense and they will take advantage of the team's personnel. Yao Ming and Tracy McGrady are in the prime of their career and it would be a waste for them to continue to play in a slow-down, pull-the-ball-out type of offense.
-Shane Battier is a perfect fit in Adelman's offense. When Houston plays Battier at power forward, he brings a great deal of versatility that fits very well with the rest of the team. His ability to pass the ball - ala Chris Webber - could be the key to their offense running smoothly.
-The fact that Yao Ming's scoring average has improved every year of his five-year career is something that probably does not get enough attention. The key for him this year will be to stay healthy for the majority of the season. The last two regular seasons he has missed a combined 61 games.
-It may take Adelman awhile to figure out who will fit best at point guard with the team's new offensive philosophy. Rafer Alston is currently the starting point guard, but he makes too many bad plays and struggles to properly run his team's offense in the half court game. Mike James is much more of a shooting guard and Luther Head has never shown the ability to play any position beyond shooting guard.
-Mike James could end up fitting in perfectly with Adelman's team as long as its at the off guard spot. Like Bobby Jackson did in the past with his Kings teams, James can come off the bench and score in bunches. As an undersized shooting guard, he takes advantage of his speed and quickness and can be instant offense.
-It wouldn't suprise me if by the end of the season, neither Alston or James is the teams' starting point guard. Adelman may give Aaron Brooks a chance at some point during the year. Trading for a point guard may be the end solution for the Rockets to take the next step.
-Bonzi Wells looked noticeably thinner and ready to play this season for his former coach. If he can get back to the way he played in the 2005-06 season, it would be a real boost for Houston. He provides a great deal of versatility by being able to post up smaller defenders and rebound terrifically.
-Bryant certainly seemed to want to silence his critics lsat night as he score 53 points, grabbed 10 rebounds, and had eight assists, two steals, and a block. As they showed last night on the broadcast, in games where Bryant scored at least 40 points last season, the Lakers went 13-5. Perhaps Bryant scoring almost a half of his teams' points may be the key to the Lakers success this season.
-The Lakers roster is severly flawed by my account. They have too many hustle-type guys and not enough talent. Guys like Ronny Turiaf, Jordan Farmar, and Cobe Karl work hard, but should not be playing on a nightly basis. However, some may put Luke Walton into that category, but I really like what he does for the team. He is a terrific passer, works hard on defense, and can even post up a bit.
-I think Phil Jackson should consider getting Javaris Crittenton some playing time. I recognize this was only the first game of the season, but Crittenton is a big guard who I think would look great next to Bryant. Ideally, I think you would have Crittenton starting the game and playing significant minutes and finishing the game with Derek Fisher in his spot on the floor. Fisher obviously has been there before and can hit big shots, but at this point in his career, should not be playing 30+ minutes per night.
-That game winning shot by Shane Battier took a lot of guts and was taken very deap. It would have been great to have seen this game gone into overtime and watch what Bryant would have done then. I'm guessing he would have finished with 60 points or so and the Lakers would have won on opening night. Hats off to Battier for playing great all night and hitting a really tough shot to win the game.
Here is the boxscore from last night's game:
http://sports.yahoo.com/nba/boxscore;_ylt=AhLqHhTyqnNLGQi8kUst.sU5nYcB?gid=2007103013
My observations:
-Hiring Rick Adelman as the head coach of the Rockets was a great move. He will bring more innovation to Houston's offense and they will take advantage of the team's personnel. Yao Ming and Tracy McGrady are in the prime of their career and it would be a waste for them to continue to play in a slow-down, pull-the-ball-out type of offense.
-Shane Battier is a perfect fit in Adelman's offense. When Houston plays Battier at power forward, he brings a great deal of versatility that fits very well with the rest of the team. His ability to pass the ball - ala Chris Webber - could be the key to their offense running smoothly.
-The fact that Yao Ming's scoring average has improved every year of his five-year career is something that probably does not get enough attention. The key for him this year will be to stay healthy for the majority of the season. The last two regular seasons he has missed a combined 61 games.
-It may take Adelman awhile to figure out who will fit best at point guard with the team's new offensive philosophy. Rafer Alston is currently the starting point guard, but he makes too many bad plays and struggles to properly run his team's offense in the half court game. Mike James is much more of a shooting guard and Luther Head has never shown the ability to play any position beyond shooting guard.
-Mike James could end up fitting in perfectly with Adelman's team as long as its at the off guard spot. Like Bobby Jackson did in the past with his Kings teams, James can come off the bench and score in bunches. As an undersized shooting guard, he takes advantage of his speed and quickness and can be instant offense.
-It wouldn't suprise me if by the end of the season, neither Alston or James is the teams' starting point guard. Adelman may give Aaron Brooks a chance at some point during the year. Trading for a point guard may be the end solution for the Rockets to take the next step.
-Bonzi Wells looked noticeably thinner and ready to play this season for his former coach. If he can get back to the way he played in the 2005-06 season, it would be a real boost for Houston. He provides a great deal of versatility by being able to post up smaller defenders and rebound terrifically.
-Bryant certainly seemed to want to silence his critics lsat night as he score 53 points, grabbed 10 rebounds, and had eight assists, two steals, and a block. As they showed last night on the broadcast, in games where Bryant scored at least 40 points last season, the Lakers went 13-5. Perhaps Bryant scoring almost a half of his teams' points may be the key to the Lakers success this season.
-The Lakers roster is severly flawed by my account. They have too many hustle-type guys and not enough talent. Guys like Ronny Turiaf, Jordan Farmar, and Cobe Karl work hard, but should not be playing on a nightly basis. However, some may put Luke Walton into that category, but I really like what he does for the team. He is a terrific passer, works hard on defense, and can even post up a bit.
-I think Phil Jackson should consider getting Javaris Crittenton some playing time. I recognize this was only the first game of the season, but Crittenton is a big guard who I think would look great next to Bryant. Ideally, I think you would have Crittenton starting the game and playing significant minutes and finishing the game with Derek Fisher in his spot on the floor. Fisher obviously has been there before and can hit big shots, but at this point in his career, should not be playing 30+ minutes per night.
-That game winning shot by Shane Battier took a lot of guts and was taken very deap. It would have been great to have seen this game gone into overtime and watch what Bryant would have done then. I'm guessing he would have finished with 60 points or so and the Lakers would have won on opening night. Hats off to Battier for playing great all night and hitting a really tough shot to win the game.
Tuesday, October 30, 2007
Western Conference Power Rankings
With six Western Conference teams kicking off their season tonight, I wanted to share my power rankings as of today:
Contenders
1.) San Antonio Spurs - The Spurs bring back their core from last season's championship team, so why wouldn't they be on the top spot?
2.) Phoenix Suns - A full year with Nash, Marion, and Stoudamire should help the Suns once again compete for the title. Another year of development from Leandro Barbosa and Marcus Banks and the additions of D.J. Strawberry, Alando Tucker, and Grant Hill should be beneficial.
3.) Dallas Mavericks - Like the Spurs, the Mavericks essentially bring back the same roster. Like the Suns, the Mavericks are hoping another year of development from Devin Harris and DeSagana Diop along with the additions of Eddie Jones and Trenton Hassell will help them advance further this year in the playoffs.
Near Contenders
4.) Houston Rockets - The Rockets certainly had the best offseason in the Western Conference adding a handful of rotation players. However, Yao Ming and Tracy McGrady still have not won a single playoff series. Houston is most likely one year away from really contending.
5.) Utah Jazz - The Jazz had an uneventful offseason with their only significant additions being signing Jason Hart and drafting Morris Almond. Andrei Kirilenko's ability to play in Jerry Sloan's system and the development of Ronnie Brewer will be keys to Utah's success. I expect the Jazz to win the Northwest division once again this season.
6.) Denver Nuggets - The Nuggets will benefit from a full season with Kenyon Martin, however, I do not think they have enough to beat out the Jazz in the Northwest. The overall talent level of the Nuggets roster is still unbalanced and lack scoring off the bench. The Nuggets will get three-fourths of their scoring from Allen Iverson, Carmelo Anthony, and Nene Hilario.
Potentially Frisky
7.) New Orleans Hornets - Another year of the David West-Peja Stojakovic-Chris Paul-Tyson Chandler core playing together will be beneficial towards their success. The Hornets hope that one of their young big men - Hilton Armstrong, Melvin Ely, or Julian Wright - can be a significant contributor to the team. If so, the Hornets will play hard and be competitive each night against the league's best.
8.) Golden State Warriors - The Warriors have put together a nice, young group of players though I think this year they will take a step back. Brandan Wright, Patrick O'Bryant, Mickael Pietrus, Monta Ellis, and Marco Belinelli is a great young core, but they will not be ready to seriously compete for the Western Conference title. The Warriors will most likely get as much from Andris Biedrins, Baron Davis, and Stephen Jackson as they did last season.
Playoff Contenders
9.) Los Angeles Lakers - With other teams around them improving, I do not expect the Lakers to perform much better than they did last season. The Lakers will hope to avoid the injuries that plagued them last year, but certainly do not have enough talent to jump into the top six in the Western Conference and maybe not even enough to make the playoffs this season.
10.) Sacramento Kings - The Kings will continue to struggle as long as both Mike Bibby and Ron Artest are on the same roster. Both players have shown an inability to play with one another and they are still relying on too many unknown commodities. Although some of these guys (Fransisco Garcia, Quincy Douby) have shown potential, they cannot provide enough each night for the Kings to make the playoffs this season.
Up-and-Coming
11.) Memphis Grizzlies - The Grizzlies are certainly a nice, young team who at this point next year will be competing for a playoff spot. However, at this point, they are building for that time. They have the groundwork laid with a fantastic young point guard (Mike Conley), a versatile wing scorer (Rudy Gay), a scoring power forward (Darko Milicic), and an all-star caliber big man (Pau Gasol). They also have a nice array of bench players who can contribute. However, in a loaded Western Conference, they will fall short of reaching the playoffs.
12.) Portland Trail Blazers - Without Greg Oden, Portland is still one man short of being a contender this season. Travis Outlaw and LaMarcus Aldridge will be expected to fill the missing numbers from the Zach Randolph trade. Sorting out a group of point guards (Sergio Rodriguez, Jarrett Jack, Steve Blake) will also be interesting to watch.
Not Ready Yet
13.) Seattle SuperSonics - Seattle rebuilt their roster this summer and now features two talented rookies: Kevin Durant and Jeff Green. They will continue to slowly build a roster that will eventually compete for the championship, but at this point they are not at that level just yet.
14.) Minnesota Timberwolves - Minnesota has begun to put together the blueprint to quickly rebuild their roster after trading Kevin Garnett. Corey Brewer, Randy Foye, Gerald Green, Al Jefferson, and Sebastian Telfair are all expected to be apart of Minnesota's long-range plans. However, outside of Jefferson, the Timberwolves will struggle to get consistency each night and will be one of the league's worse teams this season.
Falling Hard
15.) Los Angeles Clippers - With Elton Brand and Shaun Livingston expected to miss the entire season, the Clippers may be one of the league's worse teams this season. A once promising team, now lacks focus and a plan to make its way back to the playoffs.
Contenders
1.) San Antonio Spurs - The Spurs bring back their core from last season's championship team, so why wouldn't they be on the top spot?
2.) Phoenix Suns - A full year with Nash, Marion, and Stoudamire should help the Suns once again compete for the title. Another year of development from Leandro Barbosa and Marcus Banks and the additions of D.J. Strawberry, Alando Tucker, and Grant Hill should be beneficial.
3.) Dallas Mavericks - Like the Spurs, the Mavericks essentially bring back the same roster. Like the Suns, the Mavericks are hoping another year of development from Devin Harris and DeSagana Diop along with the additions of Eddie Jones and Trenton Hassell will help them advance further this year in the playoffs.
Near Contenders
4.) Houston Rockets - The Rockets certainly had the best offseason in the Western Conference adding a handful of rotation players. However, Yao Ming and Tracy McGrady still have not won a single playoff series. Houston is most likely one year away from really contending.
5.) Utah Jazz - The Jazz had an uneventful offseason with their only significant additions being signing Jason Hart and drafting Morris Almond. Andrei Kirilenko's ability to play in Jerry Sloan's system and the development of Ronnie Brewer will be keys to Utah's success. I expect the Jazz to win the Northwest division once again this season.
6.) Denver Nuggets - The Nuggets will benefit from a full season with Kenyon Martin, however, I do not think they have enough to beat out the Jazz in the Northwest. The overall talent level of the Nuggets roster is still unbalanced and lack scoring off the bench. The Nuggets will get three-fourths of their scoring from Allen Iverson, Carmelo Anthony, and Nene Hilario.
Potentially Frisky
7.) New Orleans Hornets - Another year of the David West-Peja Stojakovic-Chris Paul-Tyson Chandler core playing together will be beneficial towards their success. The Hornets hope that one of their young big men - Hilton Armstrong, Melvin Ely, or Julian Wright - can be a significant contributor to the team. If so, the Hornets will play hard and be competitive each night against the league's best.
8.) Golden State Warriors - The Warriors have put together a nice, young group of players though I think this year they will take a step back. Brandan Wright, Patrick O'Bryant, Mickael Pietrus, Monta Ellis, and Marco Belinelli is a great young core, but they will not be ready to seriously compete for the Western Conference title. The Warriors will most likely get as much from Andris Biedrins, Baron Davis, and Stephen Jackson as they did last season.
Playoff Contenders
9.) Los Angeles Lakers - With other teams around them improving, I do not expect the Lakers to perform much better than they did last season. The Lakers will hope to avoid the injuries that plagued them last year, but certainly do not have enough talent to jump into the top six in the Western Conference and maybe not even enough to make the playoffs this season.
10.) Sacramento Kings - The Kings will continue to struggle as long as both Mike Bibby and Ron Artest are on the same roster. Both players have shown an inability to play with one another and they are still relying on too many unknown commodities. Although some of these guys (Fransisco Garcia, Quincy Douby) have shown potential, they cannot provide enough each night for the Kings to make the playoffs this season.
Up-and-Coming
11.) Memphis Grizzlies - The Grizzlies are certainly a nice, young team who at this point next year will be competing for a playoff spot. However, at this point, they are building for that time. They have the groundwork laid with a fantastic young point guard (Mike Conley), a versatile wing scorer (Rudy Gay), a scoring power forward (Darko Milicic), and an all-star caliber big man (Pau Gasol). They also have a nice array of bench players who can contribute. However, in a loaded Western Conference, they will fall short of reaching the playoffs.
12.) Portland Trail Blazers - Without Greg Oden, Portland is still one man short of being a contender this season. Travis Outlaw and LaMarcus Aldridge will be expected to fill the missing numbers from the Zach Randolph trade. Sorting out a group of point guards (Sergio Rodriguez, Jarrett Jack, Steve Blake) will also be interesting to watch.
Not Ready Yet
13.) Seattle SuperSonics - Seattle rebuilt their roster this summer and now features two talented rookies: Kevin Durant and Jeff Green. They will continue to slowly build a roster that will eventually compete for the championship, but at this point they are not at that level just yet.
14.) Minnesota Timberwolves - Minnesota has begun to put together the blueprint to quickly rebuild their roster after trading Kevin Garnett. Corey Brewer, Randy Foye, Gerald Green, Al Jefferson, and Sebastian Telfair are all expected to be apart of Minnesota's long-range plans. However, outside of Jefferson, the Timberwolves will struggle to get consistency each night and will be one of the league's worse teams this season.
Falling Hard
15.) Los Angeles Clippers - With Elton Brand and Shaun Livingston expected to miss the entire season, the Clippers may be one of the league's worse teams this season. A once promising team, now lacks focus and a plan to make its way back to the playoffs.
Wednesday, July 18, 2007
Daryl Morey and the Rockets Keeping Busy
On April 3, 2006, the Houston Rockets named Darryl Morey their assistant general manager. The Rockets planned on Morey eventually taking over the general manager position for the start of the 2007-08 season. Since taking over the job full-time, the Rockets have a great deal of depth and should get past the first round of the playoffs for the first time since 1996-97. Since last season, the Rockets have added Mike James, Aaron Brooks, Jackie Butler, Luis Scola, and Carl Landry. Each one of these players adds much-needed depth and the Rockets should be as deep as any other team this season.
James was acquired from Minnesota in the trade that allowed Morey to get out from under Juwan Howard’s contract. James enjoyed success with the Rockets previously when he played 27 games and averaged 12.4 points per game, 2.9 assists per game, and 3.1 rebounds per game. James is a combo guard, who is in a point guard's body, but certainly has a scorers mentality. He is an above average defender who moves his feet well and can pressure the ball. Although he is not the greatest distributor, he has seen success playing both guard spots. He will compete to be the starting point guard and also grab minutes behind Tracy McGrady at the shooting guard spot. Justin Reed was also acquired by the Rockets in this trade and should make the roster out of summer camp.
Aaron Brooks and Carl Landry were picked up during last month's draft. Brooks is a Morey-favorite, who may become the starting point guard in the near-future. Brooks is an undersized guard with great quickness and strong ball-handling abilties. He is an excellent free throw shooter and possesses good fundamentals and a high basketball IQ. He sometimes can be single-minded on the court, but I think the Rockets believe that will change when he enters the league. Landry is an undersized power forward who has great mobility on the court. His post footwork, shooting touch, and soft hands enable him to convert most opportunities in the paint. Head coach, Rick Adelman, will most likely not give Landry many minutes this season, but he could be a factor down the road.
The real steal of the offseason was Morey's acquisition of Scola and Butler. When the Rockets knew that they weren’t going to be able to acquire Rashard Lewis, Morey had the foresight to think outside-the-box. Rather than overpaying veterans like Anderson Varejo, Chris Mihm, or Joe Smith, Morey looked to bring in someone who could provide greater upside. Morey described the addition of Scola by saying, "We saw him as one of, if not the, best option. He's a bit unique. He uses his body to finish around the basket. He's got a midrange game and a great IQ for the passing game. He has a lot of heart. That group of Argentinians he grew up with is as tough as nails and knows how to fit into teams. They're winners. As excited as I am about acquiring him, I don't think I've ever spoken to anyone more excited than he is. This has been a dream of his."
Scola should compete for the starting power forward job with Chuck Hayes and possibly even Shane Battier. Whether he starts or not, Scola will be a very valuable player for the Rockets this season next to center Yao Ming.
Butler was also a nice addition in the trade that also brought Scola to the Rockets. Butler is a developing post player, who is still young and inexperienced. Butler will most likely not see many minutes this year, but should play a key role once backup Dikembe Mutombo retires after this season. The Rockets added Scola and Butler to the team through a cost-cutting trade with the San Antonio Spurs. The Rockets gave up guard Vassilis Spanoulis and a 2009 second round pick in the trade.
At this point, the Rockets will have Rafer Alston, Mike James, and Aaron Brooks at the point guard spot; Tracy McGrady and Luther Head at the shooting guard position; Yao Ming, Dikembe Mutombo, and Jackie Butler will be the centers; Luis Scola and Chuck Hayes should compete to be the starting power forward with Carl Landry backing them up; and Shane Battier as the starting small forward with Justin Reed playing behind him.
The wildcard here is Bonzi Wells. If Wells is in shape, motivated, and willing to not be a distraction, he could be a huge part of the Rockets team this year. Wells will be reunited with his former coach, Adelman. Adelman coached Wells during arguably his most productive season in 2005-06, when he averaged 23.2 points per game and 12 rebounds per game in the playoffs and a steady regular season.
Wells is tough and relentless and could play both the shooting guard and small forward spots. He excels in the playoffs and when he is at his best, he is one of the toughest players in the league to guard. Wells’ prescense would allow Adelman to play both a slower lineup with Yao Ming and Chuck Hayes or a quick lineup which would include McGrady, Wells, Battier, and Scola. Wells has one year left on his contract at $2,284,200 and if he comes into camp with a positive attitude, Adelman and the Rockets will be happy to have him. If not, the Rockets will release him or buy him out of his contract.
Either way, in a very short time, Morey has shown that he is ready to take the reigns and lead the Houston Rockets. With Rick Adelman installed as head coach and a series of other transactions already made this summer, the Rockets are expected to make it past the first round for the first time in Tracy McGrady’s career.
James was acquired from Minnesota in the trade that allowed Morey to get out from under Juwan Howard’s contract. James enjoyed success with the Rockets previously when he played 27 games and averaged 12.4 points per game, 2.9 assists per game, and 3.1 rebounds per game. James is a combo guard, who is in a point guard's body, but certainly has a scorers mentality. He is an above average defender who moves his feet well and can pressure the ball. Although he is not the greatest distributor, he has seen success playing both guard spots. He will compete to be the starting point guard and also grab minutes behind Tracy McGrady at the shooting guard spot. Justin Reed was also acquired by the Rockets in this trade and should make the roster out of summer camp.
Aaron Brooks and Carl Landry were picked up during last month's draft. Brooks is a Morey-favorite, who may become the starting point guard in the near-future. Brooks is an undersized guard with great quickness and strong ball-handling abilties. He is an excellent free throw shooter and possesses good fundamentals and a high basketball IQ. He sometimes can be single-minded on the court, but I think the Rockets believe that will change when he enters the league. Landry is an undersized power forward who has great mobility on the court. His post footwork, shooting touch, and soft hands enable him to convert most opportunities in the paint. Head coach, Rick Adelman, will most likely not give Landry many minutes this season, but he could be a factor down the road.
The real steal of the offseason was Morey's acquisition of Scola and Butler. When the Rockets knew that they weren’t going to be able to acquire Rashard Lewis, Morey had the foresight to think outside-the-box. Rather than overpaying veterans like Anderson Varejo, Chris Mihm, or Joe Smith, Morey looked to bring in someone who could provide greater upside. Morey described the addition of Scola by saying, "We saw him as one of, if not the, best option. He's a bit unique. He uses his body to finish around the basket. He's got a midrange game and a great IQ for the passing game. He has a lot of heart. That group of Argentinians he grew up with is as tough as nails and knows how to fit into teams. They're winners. As excited as I am about acquiring him, I don't think I've ever spoken to anyone more excited than he is. This has been a dream of his."
Scola should compete for the starting power forward job with Chuck Hayes and possibly even Shane Battier. Whether he starts or not, Scola will be a very valuable player for the Rockets this season next to center Yao Ming.
Butler was also a nice addition in the trade that also brought Scola to the Rockets. Butler is a developing post player, who is still young and inexperienced. Butler will most likely not see many minutes this year, but should play a key role once backup Dikembe Mutombo retires after this season. The Rockets added Scola and Butler to the team through a cost-cutting trade with the San Antonio Spurs. The Rockets gave up guard Vassilis Spanoulis and a 2009 second round pick in the trade.
At this point, the Rockets will have Rafer Alston, Mike James, and Aaron Brooks at the point guard spot; Tracy McGrady and Luther Head at the shooting guard position; Yao Ming, Dikembe Mutombo, and Jackie Butler will be the centers; Luis Scola and Chuck Hayes should compete to be the starting power forward with Carl Landry backing them up; and Shane Battier as the starting small forward with Justin Reed playing behind him.
The wildcard here is Bonzi Wells. If Wells is in shape, motivated, and willing to not be a distraction, he could be a huge part of the Rockets team this year. Wells will be reunited with his former coach, Adelman. Adelman coached Wells during arguably his most productive season in 2005-06, when he averaged 23.2 points per game and 12 rebounds per game in the playoffs and a steady regular season.
Wells is tough and relentless and could play both the shooting guard and small forward spots. He excels in the playoffs and when he is at his best, he is one of the toughest players in the league to guard. Wells’ prescense would allow Adelman to play both a slower lineup with Yao Ming and Chuck Hayes or a quick lineup which would include McGrady, Wells, Battier, and Scola. Wells has one year left on his contract at $2,284,200 and if he comes into camp with a positive attitude, Adelman and the Rockets will be happy to have him. If not, the Rockets will release him or buy him out of his contract.
Either way, in a very short time, Morey has shown that he is ready to take the reigns and lead the Houston Rockets. With Rick Adelman installed as head coach and a series of other transactions already made this summer, the Rockets are expected to make it past the first round for the first time in Tracy McGrady’s career.
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