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Lowe’s Latest: Kidd, Blatche, Hammond, Profits

Departing Nets coach Jason Kidd planned to eventually fire most if not all of the team’s front office as he sought control of the club’s basketball operations, several league sources tell Grantland’s Zach Lowe. The Grantland scribe has plenty more revelations on Kidd’s shocking change of address as well as insight on revenue and profitability for several NBA franchises. We’ll hit the highlights here:

  • Kidd suggested to Nets ownership at midseason that they replace GM Billy King, though he didn’t pitch himself for the job at that point, Lowe writes. The Bucks sought permission to talk to Kidd earlier this month, and when the Nets hesitated to respond, Kidd made his push to assume control of Nets front office.
  • The Nets publicly termed Andray Blatche‘s midseason absence a product of “personal reasons,” but it was instead because Kidd had essentially suspended him out of concerns over the big man’s conditioning and preparation, according to Lowe. Kidd’s move impressed Nets brass, Lowe adds.
  • The jobs of Bucks GM John Hammond and assistant GM David Morway are safe for the time being, Lowe hears, adding that those two nonetheless had no knowledge of ownership’s negotiations with Kidd.
  • The Nets are projected to have lost a league-high $144MM this year, Lowe reports. The Wizards are next on that list, projected to have lost just $13MM.
  • The Bucks are set to make about $18MM from the league’s revenue sharing program and $3MM from luxury tax payouts, making up for the $6.5MM the team is projected to have lost this year.
  • The Hornets are projected to have lost almost $34MM while taking in only about $22MM in revenue sharing income. The Pistons are set to tally $26MM in losses and recoup only $10.6MM.
  • The Lakers lead the league with a $100.1MM projected profit, followed by the Bulls at $61MM, Rockets at $40.7MM, Celtics at $33.1MM and Thunder at nearly $29MM. The Spurs, Jazz and Nuggets also are in line to profit.
  • The high-revenue Knicks are expected to have lost $3.5MM.
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