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Old 07-06-12, 03:37 AM
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Mark Cuban sending warning letter to other owners about CBA

Jul 5, 2012 9:31 PM CDT

No idea if this is true, my source is Stefan Bondy's twitter account and he didn't much endear himself to anybody these last few weeks, but if so this is hilarious. I mean, through the weeping.

Reportedly, Cuban is sending emails to other owners, including Mikhail Prokohorov (of course).

Stefan Bondy @NYDNInterNets

Got an email from Mark Cuban warning Prokhorov and other owners about the new CBA --- will share later



Bondy claims the email reads in part: "If they spend on bad contracts, particularly contracts signed under old cba, then it doesn't matter how much u spend. ..You are locked in to only being able to improve your team using the tax payers exception....that puts you at a distinct disadvantage."


Stefan Bondy @NYDNInterNets

Cuban also said that responsible spending could give team an advantage if willing to go into luxury tax



More on this story as it breaks, including whether or not it's true, but that's exactly what I would do if I was 100% sure I was right about how everyone would act, and am watching reality be 100% the opposite.

BTW, I promise I'll apologize like crazy if Cuban somehow does land a big fish this year and next. After I send you guys emails explaining why he wasn't going to.

Source: Stefan Bondy @NYDInterNets

Breaking: Cuban Allegedly Sending Emails Warning Owners About
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Old 07-07-12, 01:14 AM
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Prokhorov, unlike the vast number of NBA owners, has pooh-poohed the idea of a revamped luxury tax, bankrolling the Nets’ uninhibited spending and star chasing this offseason. If the Nets pull off a trade with Orlando for Howard and, assuming they re-sign Howard to a max deal and keep the contracts of Deron Williams, Joe Johnson and Gerald Wallace, Prokhorov will pay a luxury tax of approximately $107.5 million over the next four years, according to a league source.

Dwight Howard deal would cost Nets owner Mikhail Prokhorov $107.5M over next four years - NY Daily News
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Old 07-07-12, 11:22 AM
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Pocket change...
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