Dec 15, 2012, 12:30 PM EDT
The holdup on the part of the Wizards was reportedly the cost of Harden’s next contract — a max deal that would have required an investment of $80 million in guaranteed salary. It was a commitment that ownership, for whatever reason, was simply unwilling to make.
Wizards owner Ted Leonsis, however, came out and said that this wasn’t the case. While he didn’t mention Harden’s name specifically, he wanted to make it clear, in a post on his personal blog, that finances were not an issue.
I usually do not comment on articles that are premised on statements from anonymous sources, let alone an unauthorized anonymous source. Once you respond to a story like that you are open to having to respond to those kinds of stories all of the time. In this case, however, I need to make an exception.
I would like to debunk though a statement and notion that originated in The Washington Post that a potential trade would have put our team in the luxury tax and thus we “turned down” a deal because we were “unwilling to commit” financially. That is simply not true. First, we would not have gone into the luxury tax – that is simple math. Second, economics were not a factor.
There are a couple of factors at play here.
You can’t blame Leonsis for wanting to state publicly that he’s not afraid to invest in his teams. A perception that his position is in fact the opposite would simply be bad for business if fans believed that ownership wasn’t interested in paying the price for putting a winning product on the floor.
There’s also the possibility that it wasn’t the money by itself, but when combined with the uncertainty at that point surrounding Harden’s ability to be the number one option on a team, that it was then that the Wizards made the decision to check out.
Only Leonsis knows for sure whether it was truly a money issue, or if the Wizards weren’t sold on Harden being their franchise player of the future. But the part about questioning the reporting itself seems silly, otherwise, why bother to respond at all?
Aug 1, 2015, 1:11 AM EDT
This is the right move, whether he decides to play in Rio or not.
Jul 31, 2015, 11:08 PM EDT
He looks like a guy who can live up to the No. 1 pick billing.
Jul 31, 2015, 10:26 PM EDT
Norris Cole is still looking for a bigger payday.
Jul 31, 2015, 9:31 PM EDT
Her credentials are unassailable.
Jul 31, 2015, 8:10 PM EDT
He is currently out on bond.
Jul 31, 2015, 7:15 PM EDT
Hill told the police he was “in a hurry.” I guess so.
Jul 31, 2015, 7:01 PM EDT
Neither guy is going to make a difference on the court for these teams. This was just moving some money around.
Jul 31, 2015, 5:46 PM EDT
Crabbe looked good in Las Vegas at Summer League.
Jul 31, 2015, 4:59 PM EDT
The Kings don’t really have the roster spot for him.
Jul 31, 2015, 4:11 PM EDT
Iowa Energy add Nicki Gross to coaching staff
Jul 31, 2015, 3:20 PM EDT
Will he accept the required tender?
Jul 31, 2015, 2:35 PM EDT
The Phil Jackson Effect
Jul 31, 2015, 1:58 PM EDT
Why does USA Basketball chairman make such a distinction?
Jul 31, 2015, 12:52 PM EDT
Johnson makes $24.9 million, but this is the last year of his contract.
Jul 31, 2015, 12:47 PM EDT
New York drafted Giannis Antetokounmpo’s brother last year
Jul 31, 2015, 10:23 AM EDT
No. 58 pick will reportedly head overseas or to D-League
Jul 31, 2015, 9:21 AM EDT
Guard didn’t show much in short stint in New York
Jul 31, 2015, 8:35 AM EDT
“One thing to come out of this will be more camps, more clinics, more games, more youth competition, and from that you get into infrastructure, and building more courts.” —Masai Ujiri, Raptors GM and native Nigerian
Jul 31, 2015, 7:59 AM EDT
“And the coin flip was as much about, is there going to be anything else that we could do? Because we knew we had to do something.” —Mark Cuban on trading for Rajon Rondo.
Jul 30, 2015, 11:30 PM EDT
Hoiberg has a much stronger offensive reputation than Tom Thibodeau.
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