Insisting the NBA’s financial projections “don’t hold water,’’ players’ association executive director Billy Hunter said yesterday he’s seen nothing to change his belief that a lockout is possible.
Hunter disputes commissioner David Stern’s forecast of nearly $400 million in losses this season, countering that the league’s basketball-related revenues increased to their highest point ever in 2009-10.
The league’s collective bargaining agreement expires next summer, and the sides remain far apart on talks for a new one, creating fears of the first work stoppage since 1998-99.
King is Nets’ GM
Former Philaelphia 76ers
president Billy King
is the New Jersey Nets’ new general manager. King was hired to replace Rod Thorn as the team’s top executive, new owner Mikhail Prokhorov
Thorn is stepping aside as president and general manager tomorrow. He has said he simply wants a change of scenery after a decade of running the team.
The Nets also introduced to the media their latest acquisitions, former Lakers guard Jordan Farmar, forward Travis Outlaw, guard Anthony Morrow, and center Johan Petro.
Sixers sign Turner
The 76ers have signed No. 2 overall draft pick Evan Turner
, according to president Ed Stefanski
. The 6-foot-7-inch Turner left Ohio State after his junior year and is considered one of the most NBA-ready players in the draft.
The 21-year-old Turner will be paid at least $3.8 million in the first year of his deal, $4.1 million in the second, and $4.4 million if the Sixers pick up his third-year option. He’s expected to start at shooting guard.
Suns make moves
The Phoenix Suns
have acquired forward Hedo Turkoglu
in a trade that sends guard Leandro Barbosa
and forward Dwayne Jones
to Toronto. The deal gives the Suns a third forward in their attempt to replace free agent Amare Stoudemire
. Phoenix signed swingman Josh Childress
in a sign-and-trade deal with Atlanta and picked up Hakim Warrick
in a similar swap with Chicago.
The agent for Luther Head
said his client is healthy and the New Orleans Hornets
have not offered a reasonable explanation for why they rescinded a two-year contract offer for the veteran guard.
Mark Bartelstein said that by failing Head on the physical, the Hornets have unfairly hurt his ability to sign with another club. The Hornets have not formally acknowledged there was a deal with Head.
Miller Miami-bound Mike Miller
has arrived in Miami and expects to sign a contract with the Heat today. Miller told a Memphis radio station he and the Heat are “waiting on one thing’’ but will have a deal done shortly. Agent Arn Tellem
revealed Monday that the sharpshooter was signing a five-year contract . . . Houston general manager Daryl Morey
said the Rockets will match the Cleveland Cavaliers’ offer sheet to restricted free agent Kyle Lowry
. The Cavaliers offered a three-year, $24 million deal with a fourth-year option. Houston had one week to match Cleveland’s package. Morey indicated on his Twitter page that Lowry is staying with the Rockets . . .The Charlotte Bobcats
have come to terms with point guard Shaun Livingston
. The team did not provide financial figures, but Yahoo!
Sports reported Livingston will get a two-year deal worth $7 million . . .The Minnesota Timberwolves
agreed to a four-year, $16 million deal with free agent point guard Luke Ridnour
, said a person with knowledge of the negotiations . . .The Golden State Warriors
said top draft pick Ekpe Udoh
will miss six months after undergoing surgery on his injured left wrist. Udoh was selected sixth overall out of Baylor . . . The Indiana Pacers
have chosen Clark Kellogg
as their vice president for player relations.
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