RealGM Basketball

Portland Trail Blazers Wiretap

Center may be pondering return to Portland

Portland Trail Blazers center Arvydas Sabonis may be returning to the NBA next season, ESPN's David Aldridge reports.

The 38-year-old is expected to meet with Blazers officials next week to inform the team of his plans, but the Blazers are increasingly hopeful that Sabonis will play for them.

An internet report out of Europe in May said that Sabonis had decided to play next season for his Lithuanian team Zalgiris, which he co-owns. But Sabonis's agent, Herb Rudoy, said his client has not yet decided what to do.

Sabonis, who played very well in the Blazers' seven-game first-round series loss to Dallas, would make $7 million next season, but the Blazers can waive him before August 15 and not have to pay his salary.

Via ESPN


Hard times in the world of a billionaire

A steady flow of red ink engulfing Paul Allen's investment empire has prompted the nation's third-richest man to impose an unprecedented austerity program on his once free-spending companies.

The Microsoft co-founder's vast fortune has been nearly halved -- from $40 billion to $21 billion -- by the decline of the stock market and other setbacks, according to one 2002 estimate. Since fall, companies in which Allen has invested heavily have laid off thousands of employees and implemented other measures to cut costs. Some companies have been sold, others disbanded.

The new era of restraint within Allen's world hit Portland this month when the Trail Blazers and Oregon Arena Corp. laid off a third of their staffs. The cutbacks came after a team of financial analysts from Allen's Seattle headquarters company, Vulcan Inc., pored over the Blazers' books and deemed the team's costs to be well beyond NBA norms.

Similar reviews are taking place throughout Allen's vast portfolio as his financial operatives send out a clear message: The Paul Allen gravy train has left the station and may not be coming back.

"Paul Allen owns 94 companies, and every one of them got looked at over the last year," said Tim McNamara, general manager of Rose City Radio in Portland, one of Allen's holdings. "Some will be sold, some will be shut down, some will cut costs, some will be invested in further."

The new discipline has hit Allen's biggest holdings and some of his smallest. Charter Communications, the nation's fourth-largest cable operator and Allen's single-largest investment, laid off 1,500 in the first quarter of 2003. Rose City Radio, owner of an AM and an FM station in Portland, laid off four employees earlier this month.

Via The Oregonian


Former Cat Stoudamire enters plea of not guilty

Former UA basketball guard Damon Stoudamire has pleaded not guil-ty to charges stemming from an incident at the Tucson airport in which officials said he set off a metal detector by carrying a small package of marijuana wrapped in aluminum foil.

Stoudamire, a 29-year-old Port-land Trail Blazers guard, was originally scheduled to be in court Friday. He and his Portland, Ore.-based attorney, Steve Houze, instead filed a notice of appearance and plea earlier in the week, meaning they could skip the proceeding and request a trial date. It had not been set Friday.

Houze declined to comment on the case, for which the Blazers fined his client $250,000 and suspended him indefinitely.

After the July 3 incident was discovered, Trail Blazers officials said Stoud-amire would remain suspended until the matter was settled.

They also said they were working with union representatives to get Stoudamire into a drug-rehabilitation program.

Blazers media representatives were out of the office Friday and could not be reached for comment.

Via Arizona Daily Star


Trail Blazers Jul 2003 Archive

  • To Daniels, Portland and Seattle are worlds apart

    Antonio Daniels was dressed in white, from the silky sweat suit down to the sneakers.

  • Pippen Returns to Chicago

    Scottie Pippen is returning to familiar stomping grounds.

  • Pippen is expected to make decision on team next week

    A decision on where free-agent forward Scottie Pippen will play next season could come early next week.

  • Sonics near to signing Daniels

    Guard Antonio Daniels is believed to be close to signing with the Sonics as a free agent.

  • Nash promises changes

    Start squirming, Trail Blazers players.

  • Pippen ponders joining Grizzlies

    Free-agent forward Scottie Pippen said Wednesday his meeting with Grizzlies majority owner Michael Heisley went well, and he's seriously considering Memphis as his final stop.

  • Bulls still awaiting word from Pippen

    As Scottie Pippen watched baseball's best Tuesday night from a suite at U.

  • Nash to be introduced as Blazers' GM today

    John Nash says he never really felt "out" of the NBA since leaving the New Jersey Nets in June 2001.

  • Griz court Pippen

    NBA free agents can officially sign contracts starting today and the Grizzlies are entertaining future Hall-of-Famer Scottie Pippen.

  • Three years, $2.5 million for 23rd overall pick Outlaw

    High schooler Travis Outlaw signed his first NBA contract with the Portland Trail Blazers on Monday.

  • Bulls hope to hear Pippen say yes

    The ball is in Scottie Pippen's court.

  • Nash poised to join Blazers as GM

    John Nash is about to re-emerge an an NBA executive.

  • Pippen getting closer to rejoining Bulls

    Scottie Pippen contacted Bulls chairman Jerry Reinsdorf on Tuesday, enhancing the likelihood of Pippen returning to the Bulls to finish his career.

  • Union will fight penalty

    A National Basketball Players Association official said Wednesday that the Trail Blazers have no right to fine guard Damon Stoudamire $250,000 or suspend him indefinitely after his latest arrest for marijuana possession.

  • Daniels, Lue surface among Cavaliers' interests

    The Cavaliers and General Manager Jim Paxson remain mum when it comes to which players the organization is pursuing through free agency or which players they have interest in through a possible trade.

  • Bulls woo journeyman Newble

    In low-key fashion, the Bulls welcomed Ira Newble to Chicago in an attempt to prove to the free-agent forward that their interest isn't limited to Scottie Pippen.

  • Daniels likes what he sees of Sonics

    Guard Antonio Daniels was in Seattle last night, sitting right next to Sonics coach Nate McMillan during the team's summer scrimmage at Seattle Pacific University last night.

  • Pippen talks to familiar face

    They sat in a room at the Berto Center, three old friends and former teammates who had tasted sweet victories, bitter defeats and all the sweat inherent in working for such moments together.

  • Marijuana arrest clouds future for Stoudamire

    For the third time in 18 months, Trail Blazers guard Damon Stoudamire has gotten caught up in marijuana possession charges, drawing a swift and forceful response from new team management that has put a premium on character.

  • Payton's place with Lakers still on hold

    After a wearying 24 hours in which the gloom over Kobe Bryant's arrest would not lift, and as they pushed along at a business-as-usual pace, Laker decision-makers awaited word on Gary Payton and kept their other options in play.

  • Homecoming appealing to Pippen

    Speaking at his basketball camp Monday in Portland, Ore.

  • New Bull Newble? Paxson to huddle with free agent today

    After discussing a return to the Bulls with Scottie Pippen over the weekend, John Paxson will shift his attention to the opposite end of the name-recognition spectrum today when Ira Newble visits.

  • Bucks now pointing in a new direction

    Gary Payton will not be wearing the purple and hunter green colors of the Milwaukee Bucks in the 2003-'04 season.

  • Agent: Payton won't be returning to Milwaukee

    The agent for Gary Payton said Sunday that the All-Star guard has narrowed his list of prospective employers for next season to three teams, headlined by the Los Angeles Lakers.

  • Stoudamire In Trouble With Law Again

    The AP reports that Damon Stoudamire, guard for the Portland Trail Blazers, was arrested on drug charges as he boarded a plane at Tucson International Airport, a spokeswoman for the airport police said Monday.

  • Chicago, here we come

    Scottie Pippen is coming to Chicago—for personal reasons.

  • Bulls might lure Pippen with front-office position

    Bulls operations chief John Paxson wouldn't confirm Wednesday whether he has talked to free agent Scottie Pippen, which is a sign Pippen would like to keep the negotiations private.

  • Would-be point guards answer casting call

    Craig "Speedy" Claxton was so impressive during the NBA Finals that it made the Orlando Magic cringe.

  • Paxson eager to bring back Pippen; Grant a possibility, too

    Jerry Krause's giddy proclamation that the Bulls have no chance of signing free agent Scottie Pippen didn't deter general manager John Paxson from calling Pippen on Tuesday, the first day teams could contact free agents.

  • Blazers enter free agency without general manager

    The Trail Blazers had hoped to name a new general manager by today -- the first day NBA teams can begin negotiating with free agents -- but team president Steve Patterson said Monday a decision won't be made for at least a few days.

  • Big names become hot free agents

    They try to save the whales, save the rain forests and save the rhino.