Posts Tagged ‘Peter Holt’

NBA ownership 101

Thursday, July 16th, 2009

Please, see Peter Holt.

Please, see the San Antonio Spurs.

Please, see the Spurs’ 4 World Championship Larry O’Brien Trophies.

Now …

Please, read about THE WAY a Winner Thinks When The Going Gets Tough.

When Spurs majority owner Peter Holt walked into the room for the NBA Board of Governors meeting here earlier this week, he was greeted with a cacophony of catcalls and good-natured ribbing.

His fellow owners couldn’t believe the supposedly thrifty Holt had signed off on one of the most expensive offseason makeovers in recent Spurs memory.

“They all think I’m cheap as hell,” Holt said.

Not anymore. In the span of less than a month, Holt and his ownership group have done some serious damage to their miserly reputation.

In the eye of an uncertain economy that prompted many NBA teams to put a lock on their wallets this offseason, the Spurs went barreling past the luxury tax threshold to acquire Richard Jefferson and Antonio McDyess.

The Spurs already are about $8 million over the dollar-for-dollar tax line, with still more roster pieces to add. The final tariff bill is likely to breach $10 million, on top of a payroll pushing $80 million.

In his first interview since the offseason began, Holt this week explained the reasoning behind the Spurs’ out-of-character summertime spending spree. In Vegas terms, it was time to go all in.


Whether or not the San Antonio Spurs actually win the 2009-2010 NBA title really isn’t the point.

What matters most of all is Mr. Holt’s versatility, intelligence, commitment to excellence and … perhaps, No. 1 on the list … actual Level of R.E.S.P.E.CT. for [1] the Spurs loyal fans, [2] RC Buford & Gregg Popovich, [3] Tim Duncan, Manu Ginobili & Tony Parker, et al.

As that great, down-home, southern gentleman-philospher, Bum Phillips [Houston Oilers], once said, about the defining characteristic of a fabulous former NFL head coach by the name of Don Shula [Miami Dolphins]:

“He’s so good, he can take his’n and beat yours’n; then take yours’n and beat his’n.”

That, dear friends, right there, is a Prime Example of A Man who actually knows what he’s doing in the Great Arena of Life. 

What the 4-team trade was REALLY about from the Raptors’ perspective

Saturday, July 11th, 2009

For Raptors fans who think that the recent 4-team trade was in fact based on the commitment of MLSE to do what’s necessary to win a League Championship, one day in the not-too-distant future:

Colangelo still tinkering with Raptors roster
“You have to find a way to get the right pieces in this year and roll forward and keep below that luxury tax level,” Colangelo said. “It’s going to get tighter and it’s something to contend with.”


you SHOULD seriously re-evaluate that specific line of thinking.

When you hear Bryan Colangelo speak next of DOING WHAT’S NECESSARY TO ACCOMPLISH THAT SPECIFIC GOAL, down-the-road, please feel free to notify yours truly [perhaps, via email] right away! ;)

The Raptors’ GM … and chief representative of MLSE, on the hoops side of the operation … talks, repeatedly, about being “committed to building a winning team” BUT he NEVER EVER takes the NEXT STEP and mentions something about,

“Doing what’s necessary to actually have a legitimate shot at winning the League Championship.”

What’s the reason for this?

Does he actually know what this involves, in today’s NBA, regarding such things as: i. Basketball Philosophy, ii. Coaching Philosophy, iii. Player Personnel, and iv. The Financial Commitment Required [etc.]?

The teams that are “honestly” trying to WIN the Championship in the NBA, these days, know full well that in order to give themselves a “real” chance at accomplishing this goal, they are going to have to accept the fact that they will be paying The Luxury Tax … which is really Nothing More than the “current toll fare” … in return for The Right to be able to drive on that specific Super-Highway.

The highest level of competition possible is where the Big Boyz play and that’s the going freight just to ante into the game.

The San Antonio Spurs … located in a small-to-mid sized market, but with a 1st-class ownership group [expertly led by Peter Holt] and a Top Notch GM/Head Coach tandem  [i.e. RC Buford & Gregg Popovich] … are a prime example of a team that is now fully aware of this and, therefore, chose to act accordingly this off season … i.e. as you can plainly see from their recent decisions to:

* Retain their best 3 players [i.e. Time Duncan, Manu Ginobili & Tony Parker]

* Retain a veteran like Michael Finley

* Select 3 new players in the 2009 NBA Draft [i.e. DeJuan Blair, No. 37, Jack McClinton, No. 51, and Nando De Colo, No. 53] who are ready to compete right away

* Trade for Richard Jefferson [i.e. another high end player], and

* Sign Antonio McDyess [UFA]

While the Toronto Raptors, on the other hand … chose to go a different route, replete with a Magician’s Wand & Cloak, a rabbit, a head stand, a glass of bottled water, a still dry shirt – with an exceedingly high collar - and an accompanying 3-piece band of partners in crime.

There are just a few teams in this League that are legitimately trying to WIN It All [i.e. Category One] …

then, there’s Everybody Else [i.e. who can be further sub-divided into two additional specific Categories: Two. Those trying to field a highly "competitive" team, in the process of turning a profit, annually; and, Three. Those simply trying to survive in hopes of maybe turning a profit].


It was not; not by a long shot.



Which franchise made out best from the 4-team trade?

What it SHOULD be all about for the owner of a team in the NBA

Thursday, April 23rd, 2009

Winning is still the currency that drives Mavericks’ Cuban
Mavericks president Terdema Ussery flipped to his newspaper sports section last Tuesday and chuckled.

There in the cover photo was his boss, Mark Cuban, rejoicing after Jason Terry’s game-winning shot against Minnesota. Arms raised, jumping, screaming, the frozen moment is vintage Cuban – suspended in time, if not exactly midair.

“I told my wife, ‘That picture couldhave been taken 10 years ago,’ ” Ussery said. “No difference at all. There’s your owner, with his 6-inch vertical leap.”

Cuban’s youthful appearance, drive and exuberance have changed little since, at age 41, he signed a letter of intent to purchase the Mavericks on Jan. 3, 2000.

In reality, he is now 50, a married father of two girls, has an artificial left hip and according to Forbes, is at least $137 million lighter in the wallet where the Mavericks are concerned.

“I’m not going to comment on our P&L [profit and loss] specifics,” Cuban said. “But I have always said I’m in this to win, not make money.”

For most pro sports owners, such a bottom line would be cause for alarm. In Cuban’s case, the subject evokes a sweat-dripping shrug from atop the StairMaster outside the Mavericks’ locker room, where he churns before most home games.

Tonight, his Mavericks host San Antonio in Game 3 of a best-of-seven, first-round NBA playoff series that is tied, 1-1. For some teams, extended playoff runs make the difference between loss and profit, or between profit and prosperity.

Not so the Mavericks. Even though this is their ninth straight playoff appearance, Cuban recalls finishing in the black only twice during his tenure, although according to Forbes’ figures it happened only once.


Until your favourite NBA team has an owner with a similar raison d’etre as Mark Cuban, and the other individuals whose team’s names are on this list, you can simply forget about ever winning the Larry O’Brien Trophy.

Leadership in a pro sports organization starts at the very top, with an unwavering Commitment to WINNING the League Championship, not to being in ‘the black’ each and every year.

[PS. Which teams in the NBA today do NOT have a sole owner who is in a similar well-healed state like Mark Cuban? or, Wyc Grousbeck? or, Dr. Jerry Buss? or, Peter Holt? or, Mickey Arison? or, Jerry Reinsdorf?, or Paul Allen? or, etc.]