3.11.2010

Sam Cassell Gestures



Ken and Dan discuss the role of a crazy guy like Matt Barnes on a team like the Magic, also reflecting on past instances of living by page one of "the macho code" in order to succeed in the playoffs. Barnes’ intensity/recklessness also seems relevant now because of the “Winning Time” documentary from ESPN, the connection to which is nicely articulated by Dan Devine at Ball Don’t Lie.

Ken and Dan also discuss the media’s reaction to Iverson. Which is sad. Such is life.

To kick off the show, Ken does a little basketblogger outreach and tells the world about a few of our listeners who happen to have blogs or podcasts of their own. These projects are listed below. It would mean a great deal to the both Ken and Dan if you would give some of your fellow DOC listeners a chance to entertain you with their efforts . . . you just might discover your next favorite voice. Here’s the list:

Lend your ear:



The music from this episode:

* Auld Lang Syne - Glen Miller Orchestra
* Dirty Boulevard - Lou Reed
* Stranger Song - Leanord Cohen
* Smith and Jones Forever - Silver Jews

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3.04.2010

This Radio is On Fire



To start this episode, Ken and Dan provide some suggestions on how NBA fans can pass the month of March, and talk about Michael Jordan buying the Bobcats.

They are then joined by the new lead blogger at Yahoo!'s Ball Don't Lie, Trey Kerby. They talk a bit about his new job, and how he plans to keep the awesomeness rolling there at BDL.

They also talk about the Bulls, the greatness of Michael Jordan as a player, and come up with a new movie idea starring some unexpected NBA stars. In the process, they come up with a new phrase that they hope you'll all use from now on.

Really, it's your perfect post-trade-deadline, pre-playoffs, 20-games-left-in-the-season, early March NBA podcast. You can't not go wrong!

Be careful, it's hot:




Songs from the episode:

"I Got A Thing, You Got A Thing, Everybody Got A Thing" - Funkadelic
"The New" - J Dilla
"I'm New Here" - Gil-Scott Heron
"Greatest Man Alive (Man's Game Mix)" -Steinski
"One Two" - Cool Kids
"New Frontier" - Antipop Consortium
"Take A Rest" - Gang Starr

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3.02.2010

My Best Worst Friend



Had some kind of inexact deja vu as I read this story yesterday (emphasis added):
While Jordan declined to speak to reporters, he did plenty of talking on the court.

Needling Henderson relentlessly for being from Duke, the North Carolina product kept clanging jumpers off the rim as Henderson quickly won the first shooting game.

But then Jordan, wearing jeans and sneakers, started getting hot. He hit a free throw with his eyes closed to take the lead in the second game.

"What do you think, I just dunked my whole career?" Jordan asked Henderson after making a 3.

Henderson remained stone-faced when Jordan hit another outside jumper.

"You've got to miss eventually," Henderson told him.

"That's what Cleveland said," replied Jordan, referring to his last-second shot for Chicago in 1989 to win a playoff series over the Cavaliers.
I once played HORSE with Michael Jordan. It was in the summer of 2008. My time in New York was winding down, and I could easily take an extra hour or two for lunch as necessary. You don't forget the details of playing basketball with the man who's done it better than anyone else, and I can recall vividly that fateful Wednesday in June

The day started like any other. I got up, got dressed, rode the subway, and went to work. I peeled off my sports coat as the office air conditioning replaced the uncomfortable humidity of a sweltering trip to midtown. My desk was overflowing with papers from various assignments I was in the midst of closing out. I sat down at my desk, leaned back in my chair, sighed a few times as I considered what I wanted to accomplish that day, and then undertook the arduous task of checking my email. Back then, I was still responsible for supervising some time-sensitive reports that had to go out early, and that meant a glut of email greeted me every morning, seven days a week.

I got through my email, I got some paperwork in order, I moved on to other administrivia, and suddenly it was 11:15. I got up for a cup of water and some small talk with a few office friends. As we were chatting, my right pant pocket started vibrating, so I reached in, pulled out my phone, and hit the talk button without really considering the caller ID.



"Is this that flaming f***ot Joey?" a baritone grumbled through the phone. "You there, you punk bitch?" I don't like the f-word, and I don't like being called a "punk bitch," but I couldn't stifle my smile because nothing had changed: Michael was on the phone. I excused myself from the conversation with my colleagues, and I ducked into a vacant conference room.

During the bright days of June, I like to work with the lights off because the sunlight is adequate and rooms stay cooler when light bulbs aren't burning. So I staggered into the relative dark of a conference room and sat down as though I didn't want anyone to know I was in there. Only after I'd taken a seat did I realize how off-balance--literally and figuratively--I was feeling. I didn't hear from Michael all that often because I didn't (and still don't) have the bankroll for Vegas, strip clubs get old quickly, my golf game needs work, and I have never really gotten along so well with Charles Oakley. I loved him as a player, but his Captain Surly routine and Mean Girls-like focus on being the gatekeeper of MJ's inner circle make him less than affable. I have ceded that territory to Oak, though it means I don't talk to MJ much.

I hadn't really said anything since answering the phone because Michael just kept going. "That's right, motherfucker, I'm in town, I'm heading to the gym later, and I'm looking to whoop someone's ass. You know you owe me one. You know it, bitch. So get your shit, leave that cute little job of yours for a few hours, and come meet me at the gym."



I "owed" him one only because to beat Michael at anything is to forever arouse his anger. You saw his Hall of Fame induction, right? My transgression, my horrible offense at Michael's expense, dated back to when we first met, in the Detroit airport during the summer of 2002. I was flying out to Colorado and MJ was going to Los Angeles. He'd been in Detroit for some kind of charity golf event at Oakland Hills Country Club. I was there because I was still a student at the University of Michigan and had to attend a wedding right before classes resumed. We were both flying Northwest and a patch of that violent, unpredictable summertime Midwest weather rolled through, grounding everyone for a few hours. I had accumulated enough frequent flyer miles to travel in style for a change, and I hit the rich-person concierge area to wait out the storm. I walked in and saw Michael sitting on a couch with one hand on a cigar, the one bearing his wedding ring on some woman's thigh, and his eyes burning a hole through the television.

I always knew that Michael had a gambling problem, but I didn't understand its full dimension until I sat down across from him and got roped into his lunacy as he indulged his famously competitive zeal. The sky doesn't usually turn from blue and sunny to black and foreboding over the course of three minutes, but that's what had happened on this day, and the television was tuned to the Weather Channel so that travelers could follow the storm and adjust their plans. I guess that Michael had told the woman he was clutching that he could predict the weather--as though Michael Jordan needs pickup schtick--and fixing to mount the illusion of scarcity, she bet him a drink and phone number that she could beat him at it. Obviously, that got Michael going, in pretty much every sense of that well-worn expression. As I plopped down on the leather couch, he and the woman had just begun, and they both seemed eager to share their game with a stranger who could admire it and maybe cough up some cash.

"Excuse me--would you like to play a game with myself and my friend here?" Michael asked me.

"I'm sorry? A game? What's the game?" I could barely get out my response as my mouth tightened up into a grin that obviated any need for the usual aren't-you-such-and-such-celebrity routine. Michael could tell instantly that I was intrigued, that I was in awe, and that I was in.



He told me that I could buy into the game for whatever cash I had in my pocket--turned out to be $127. Small stakes for MJ, but nothing kills time like gambling, and Michael is an addict. No stakes are too small. In return for my cash collateral, I'd have a chance to win twice what I'd put up, and to exchange phone numbers with Michael and his lady friend. All I had to do was beat Michael and the woman at a series of prop bets that ranged all over, from how fast the storm was moving, to how cold it would be in Fort Lauderdale that night, to how much rain would fall in Ohio.

Over the next three hours, Michael, the woman, and I went back and forth, talking shit, getting drunk, and making outrageous bets about the most mundane and innocuous meteorology. When the clouds finally parted and planes began taking off again, I'd won 28 bets, I'd earned $254, I'd stored some random woman's number in my phone, and I'd become friends with Michael Jordan. Of course, he also stopped talking to me for 45 minutes after I properly predicted that the heat index in Mesa, AZ would hit 114 that Friday. He had said 113, and I was closest without going over (116 was the answer).

When I eventually landed in Colorado that night, I texted Michael that I'd enjoyed meeting him, and that he wouldn't believe the weather in Denver. He wrote back, "Eat a dick, motherfucker. I'll call you when I am next in town. I'm collecting my $254. GTG. Just left mile-high club." I assumed he was messing around, and that our paths would never cross again. He's Michael Jordan, and I'm me. But sure enough, about a year later, Michael got up with me in New York. He even cajoled me into buying him dinner just to stick it to me and because he could. From then on, we were friends.



I've never been forgiven for having had the temerity to win our bet in DTW, though, and when MJ called me to play ball that day a few years ago, I knew what was in store. The phone call alone was more than enough proof. What 45-year-old man unleashes a torrent of profanity and ignorance to entice his friends into playing basketball with him? This afternoon gym session with Michael was going to be the usual--he'd make shots, he'd make money, he'd make fun of everyone until he sensed he'd all but broken your spirit to live. Then he'd tell you to stop "being a bitch," and he'd suggest smoking cigars and meeting women. By 2008, Michael was divorced, so it wasn't as uncomfortable for me when we'd have a guys night. Tiger and Charles and Charles never seemed to care, and if they did, none of them ever said anything to Michael. Certainly not Tiger. Neither did I, but despite the way we met and everything I'd long assumed about him, I could never get past the cheating. By the time Michael and I played HORSE that June Wednesday, my guilt-by-association had gone away, and that made things easier.

As suddenly as he'd gotten on the call, he got off it. "Alright. 1:30 at the usual spot. Come ready, Joey. I'm gonna make it rain on your ass like you were Eric Smith." I hung up and walked out of the conference room. My friends had dispersed, so I returned to my desk without having to say anything. Though I've never lied about my friendship with Michael, I've also never been quick to bring it up. How can I possible explain to people that I am friends with one of the ten most famous people on the planet? With Michael Jordan?! Who would believe that? It sounds crazy, and it is. I am writing about it today only because this Gerald Henderson news has been making the rounds, and it's so funny that Michael just always does Michael.

Back at my desk, I quietly finished out some short-term assignments and emailed my boss that I had to run some errands and would be gone for a few hours. Around 12:30, I neatly stacked all of the outstanding paper still littering my workspace and headed out the door. As usual, the humidity outside was heavy, and it felt as though the air were filled with some viscous liquid that was inescapable. The subway only made it worse, and I was panting when I walked into my apartment. I quickly threw on my basketball gear and went back out. That day, I was going to play in my white-and-French-blue Jordan XIIs because they matched my blue Knicks shorts. Michael likes it when I show up in Knicks gear because it reminds him "of a career spent tea bagging Patrick." Who am I to deny Michael Jordan a basketball indulgence?



Another subway ride left me at the gym. Michael Jordan can't play at local parks or public centers, of course, so we always go to a private facility. I'd mention where, but Michael still hits this place on a regular basis, and I already have blown up his spot enough in this post.

I walked into the gym, and it was eerily quiet. The room was still and dry, permeated by a plastic smell given off by some new padding along the walls. Michael was lying on the floor stretching, and I didn't see anyone else around. He told me that Oak was on the way, and that a bunch of other guys were going to be joining up later. In the interim, though, he wanted to get warmed up. In classic Michael fashion, he cast himself as the magnanimous fellow making a generous gesture. "I'll tell you what--we'll play HORSE. That way you won't wanna go home crying too quickly. I know you can't dunk, but I've seen that scrawny ass of yours hit some shots." To be friends with Michael is to forever indulge his vanity and his inward focus, but his biting sense of humor and willingness to abandon judgment once you've earned his trust make him seductive all the same. He's the sort of person whom you can't quit very easily. The fleeting moments of fun always pull you back before his pettiness creates too large a void.

Hoping above all else to not pull something, I stretched a little as Michael and I revved up the playfully adversarial banter. I can't talk shit about my basketball game to him for obvious reasons, so I always have to go elsewhere. I was gonna be on my knees; he was gonna be in a paternity suit. I had ruined my chance with some woman; he had ruined the Central Florida athletic department. I picked the wrong day to mess with him; he picked Kwame Brown. I couldn't get one letter off of him; he had letters S, T, and D to spare. Finally I was warmed up and ready to go.

The game started simply at the free-throw line. I got to shoot first, and I chose a spot from which I was confident. Establishing a rhythm, however it happens, is crucial when playing against Michael. Be it HORSE or a real game, you have to see yourself making a few shots if you're going to stay on the court. He answered, and he did it with his eyes closed. "That's some Mutombo shit right there, Joey!" Yes, we all remember.

Next, I walked over to the baseline and put down a 16 footer. Michael matched that, too. If it seems like I was choosing basic shots...it's because I was. As much fun as it would be to beat Michael Jordan at HORSE with an array of specialty shots and high-difficulty conversions, that's not really within the realm of possibility for a mediocre player who has spent most of his life doing things other than playing basketball. It's especially hard when playing against the greatest player of all time.



My game came unraveled after I missed my next shot, a three from the extended elbow on which I called bank. The ball did bank, only it caromed so hard off the backboard that it missed the rim and wound up back at half court on the other side of the floor. "Damn, Joey. That was uglier than my divorce settlement!" I told you that Michael can be fun. "Now we're gonna separate the men from the bitch-ass motherfuckers."

Michael walked underneath the basket, leaped out toward the back wall, spun in the air, and easily put the ball in the hoop after floating it over the backboard. Before I even tried, Michael was hooting at me, "Can't spell Hoey without an H." He was right, both grammatically and in a basketball sense. I got an H and fell on top of myself in the process. As I was getting up, Michael was strolling back toward midcourt, and he stopped one step from the line. Without turning back toward the basket on which we were shooting, he lofted the ball over his head with one hand, and it fell through the basket without hitting the rim. Then Michael shrugged at me and said, "That's what Portland saw when they didn't respect my J. I bet you didn't think I could do that." Really, this is what we're talking about?

I was quickly a HO. R and S came on the next two exchanges when I failed to make a three from my knees, and then when I saw the ball lip out after Michael insisted that I mimic his famous layup against the Lakers. If you're keeping track, I made my first two shots, missed my third, picked up four letters on the next four shots, and endured references to faded glory from 1991 and 1992, a full 17 and 16 years earlier. The sad thing is that Michael almost always talks about or somehow invokes these moments. Reading what he said to Gerald Henderson the other day compelled me to share this story because while Michael's post-career descent into a certain lowlife hedonism is well known, his enduring competitiveness and depressing inability to let go remain beyond tangible comprehension for most people. This is a man who wouldn't allow me to have water on the day of my Gerald Henderson experience until I was at HORSE. He explained, "Craig Hodges used to want water breaks, and look what happened to him."

Luckily for me, I am not too proud to cast my lot with someone like Craig--whom MJ and I once ran into on the street in Chicago; it was really awkward--and the sweet rapture came soon after I was at HORS. (Or, as Michael said, "Get that Pietrus-ass French 'HORS' shit out of here." A reference to an active player was actually encouraging, so I didn't even mind that it was an insult, and that as far as insults go, it was about as weak as anything Michael has ever summoned.) Michael's next shot was a straight ahead three, something I could convert. The charity was limited, though, because after I matched him, he returned to the spot from which I had missed a bank three and effortless executed a spinning fadeaway off the board. Game over. HORSE for me.

"That's the shot I hit to beat James Worthy after my first practice at UNC," Michael said. "I challenged him to a game of one-on-one, and I nailed that shot just to show him that I could. He said 'No way you hit this' as it was in the air. And after I put it down, I told him 'That's what Leroy Smith said to me.'"

As you can see, some things about Michael have never changed, and apparently, they never will.



(As you might not be able to see, this post is a work of fiction. But what does it say about Michael that it seems so believable? -- Ed.)

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2.26.2010

How Can You Find It?



I'm still in Rome. Behold my long conversation with Rick Telander, on the subject of Heaven Is a Playground and the anniversary photo show.

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2.24.2010

Suckers Get Put to Rest


It's been almost a week since the trade deadline, and we're still trying to figure it all out. Joey has thought A LOT about how this all affects the Knicks, so definitely give his analysis a read. Dan and Ken are also Knicks fans, so of course they talk about it, too, along with the Bulls, the Bobcats, the Kings, the Rockets, and all of the various moves. They claim that their opinions are even more valuable than an expiring contract, and who am I to argue??

In all seriousness, this episode contains the most Ken and Dan seriousness in weeks, if not ever. Serious basketball talk. Because this is beginning a serious part of the season.

Put this in your ear:




Songs from the episode:

"Money Motivated Movements" - Guilty Simpson
"Busload of Faith" - Lou Reed
"From One Primadonna to Another" - 90 Day Men
"Won't Trade" - Q-Tip

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A New Shade of Awesome



Last Thursday was a day, wasn't it? The trade dust finally settled. The Bulls traded their former future (Tyrus Thomas) for a new one (the salary-cap void he left behind). They also traded two saviors, both Thomas, who was once on some next-level can't-miss shit, and John Salmons, who arrived last year in time to scare Boston and conjure a false vision of the future. The Suns hung onto Amare now that he's been scared straight (no George Bluth). The Rockets got Kevin Martin. The Blazers got the current Marcus Camby while they wait for the better one to get healthy. The Bucks might have made the playoffs. The Celtics united the world's best shooter with its best dunker. The Mavs and Cavs basked in the glow that comes from helping the Wizards destroy themselves and effectively exile anyone ever infected with Gilbertitis.

And, of course, the Knicks completed their science project. After careful consideration, so many ingredients thrown around, and a concluding bang, the smoke in the lab cleared and the Knicks had actually managed to get two-star far enough under the salary cap.

It took Donnie Walsh 22 months to sell off and swap out the assets he was left to administer after the franchise entered existential bankruptcy under Isiah Thomas. The Knicks sent Darko Milicic to Minnesota for Brian Cardinal. Then, they traded Nate Robinson for a player somehow even more grating and circus-worthy, Eddie House, along with two expiring contracts from prep heroes J.R. Giddens and Bill Walker. After that, things got crazy. As you know, the Brickers wound up with Tracy McGrady, a personal victory because never before has my favorite team employed my favorite player. New York also acquired Sergio Rodriguez. The cost was bizarre: Houston got Jared Jeffries, Jordan Hill, a Top-1 protected draft pick in 2011 (Houston can swap picks with New York), and a top-5 protected pick in 2012. Appending New York's McGrady acquisition to the Kevin Martin trade meant that Rodriguez and Larry Hughes swapped roster spots.



About the cost: When Isiah signed Jared Jeffries to a bad contract, I threw up in my mouth. When New York drafted Jordan Hill, I threw my phone against a fence. I wasn't upset to see either leave, though I don't understand why any team wants Jeffries. (Shoals claims that he fits in with Houston's phalanx of longer wing defenders, falling in line behind Battier and Ariza.) Trading Hill so early into his career might seem shortsighted, or tantamount to an embarrassing admission of error, but the latter is a good thing. The Knicks should, indeed, be ashamed as they start Chris Duhon but read about Brandon Jennings and Tywon Lawson. Marinate in that failure. Never forget! The 2011 draft pick "protection" is goofy. Retaining the rights to the top overall selection is like having the pick protected against alien invasion, which seems only slightly less likely than New York winning the right to draft Hassan Whiteside or Harrison Barnes. The 2012 protection is aspirational--it's not even full-on lottery protected because the Knicks anticipate annual playoff trips resuming by then.

About the benefit: TMac, motherfuckers! TMac! He might not drive or elevate as he once did, but he remains lovable, sympathetic, exciting Tracy. He improves the Knicks and makes them far more interesting, even if only for about 30 games.

About the real benefit, and the path forward: As you've perhaps read and heard, Tracy's contract expires at the end of the season. (This is a little-known fact.) When McGrady's terms of employment are taken in concert with the odd bottom line that only Wilson Chandler, Danilo Gallinari, Eddy Curry, and Toney Douglas are affirmatively under contract for next year, the Brickers anticipate having more than $30 million in cap room. Perhaps you've also been made privy to the plan to sign two of the top-shelf free agents: LeBron, Dwyane, Bosh, and so forth. The best-case scenario for New York envisions LeBron and Wade or LeBron and some big man signing with the Knicks and the roster being filled in with minimum-compensation players. That's also the problem.

Why would any premier player want to join a team with so little money for anyone outside of the rotation's top 6? "Rotation" should be in quotation marks because Eddy Curry doesn't play, even when physically capable. Why play alongside so few proven commodities? Bereft of recent success or any rational path toward a title? Teams with two star players that haven't won championships have had stronger supporting casts. To be honest, it is a real problem. No marketing gimmicks or promised media exposure will improve Gallinari's defense or conjure a shot blocker.

Rather, it was a real problem. Last week's events have made clear that the Knicks should forgo a common basketball solution and instead make history: The Knicks should become a bank holding company, the first NBA team to ever undertake such a conversion. Problem solved. Put the champagne on ice, and read the FAQ about this obvious solution should the logic behind it elude you upon first glance.



A bank? What? What is a bank holding company, anyway?
Let's leave the economic nitty gritty to the finance guys and deal in basic terms. Pursuant to the Bank Holding Company Act of 1956, such organizations are those that exercise control over a bank. By investing in so many toxic assets over the years (Curry and Jeffries, Allan Houston's degenerating knees, Stephon Marbury, etc.), leveraging those unreliable bets to prop up short-term viability at the expense of systemic health, and effectively issuing awful loans (paying salaries to so many foreseeable losers who could not deliver the expected return), the Knicks have surely earned technical, if not actual, distinction as the kind of bank that America loves. So this conversion shouldn't be too difficult from a financial standpoint.

The gift and the curse of being a bank holding company is that you must register with the Federal Reserve and comply with Fed regulations. This can elevate regulatory scrutiny, but it also gives bank holding companies access to the Fed's discount window and makes raising capital much easier. Fed loans, stock sales, stock repurchasing--it's all easier as a holding company.

Prominent examples of bank holding companies include Goldman Sachs, CIT, GMAC, and American Express. Look how varied that group is--they weren't even all commercial or investment banks before converting. More importantly, what's the one sort of entity logically missing from that set of peer institutions? A reckless financial concern with a focus on entertainment and sports. A basketball team. Synergy!



Does this mean that the Knicks will have to leave the NBA?
Have to? The Knicks should want to.

First--yes, it's unlikely that the league and the other NBA teams would sit by and allow one of its members to become a bank holding company. There would be complicated legal questions about financial regulation, antitrust, and labor laws. There would be confusion about whether the Knicks control a bank, and about whether a financial-sector holding company could own an NBA team. Unless David Stern and the other owners amend the bylaws to allow for bank holding companies to compete as members, the Knicks probably can't stay in the NBA.

But the Knicks shouldn't want to stay. This conversion is all about capital and artificial ceilings. The NBA's salary cap is too restrictive for a team like the Knicks, which is situated in the most populous city, is supported by fabulously wealthy people, is about to have no problem raising huge sums of cash, and is using a basketball model predicated on outspending and outglitzing everyone. Replacing the stymying regulation of the NBA with the more commodious oversight of the Fed will allow the Knicks to--pun alert--break the bank this summer. If the team opts out of the NBA and converts to a bank holding company, it will be able to sign James, Wade, Bosh, and Joe Johnson. There will be no cap. New York could probably sign John Wall after convincing him to not enter the draft and simply leave college for a unique opportunity. There really would be no limits on what New York could spend.*

Suddenly, a team with a prospective roster of Johnson, Bosh, the four Knick holdovers, and a bunch of league-minimum journeymen would transform into an All-NBA First Team supplemented by an elite bench. The Knicks could even re-sign David Lee under this model. The Fed discount window would provide the Knicks with low-cost capital. Similarly, the team could more easily issue equity if it felt that diversifying its ownership were a worthwhile cost of quickly raising money for operations, payroll, and investments.

*See below in the TARP section for one potential limit.




Doesn't leaving the NBA frustrate all attempts to win an NBA championship, the entire purpose of signing free agents in the first place?
It does, but the question is myopic. The Knicks would leave the NBA and become a barnstorming team. Barnstorming, the Knicks could play anyone, anywhere, anytime. It goes without saying that it would schedule an annual July best-of-seven series against the NBA champion to determine the true world champion. Emphasis on world. Think about the possibilities:

- New York could play challenge-match exhibitions against holdover NBA teams. For example, it could play the Bulls in the United Center during a Chicago home stand on an off day between pedestrian Bulls games against the Bucks and the Nets. Or it could host the Lakers as the team killed time on the East Coast between games against the Celtics and the Sixers.

- New York could play against a non-NCAA-sanctioned college all-star team in a "pickup" game that "just happens" to take shape at some point. So long as the college kids weren't paid, they probably could remain eligible after the ensuing NCAA investigation.

- New York could do a European tour, visiting Josh Childress and competing against league champions from each country. It could be called the Transatlantic Invitational. And, without any scheduling obligations imposed by an entity like the NBA, the Knicks could generate big ticket sales and media exposure by playing specialty games. Just consider the intrigue on Twitter and UStream when the Knicks face their old friend and nemesis by playing whichever Italian league team hires Stephon Marbury.

- New York, with its superstars, could continue to cultivate the Chinese basketball market while opening up markets in other countries where the lead-footed NBA has yet to establish infrastructure and regular presence.

(It seems fair to assume that New York also would enter and dominate some kind of intramural league for bankers and lawyers. You know, something akin to one of those proverbial "lawyer's games" where people like Barack Obama and Eric Holder would be found were they not running the country.)

See the opportunities? The Fed has no scheduling rules. Were the Knicks to compete against the best teams from around the world and to then defeat the reigning NBA champion, would anyone really look down upon the accomplishments? Perhaps the strength of the Knicks' schedule would be questioned. However, enough NBA exhibitions, enough games against national teams, and enough games against champions from strong leagues across Europe, plus all that travel, should assuage concerns.

The Knicks would lose out on 82 NBA games a year and a chance to play in the league's playoff system. The Brickers would also leave behind their history, to some degree. No one would ever fail to associate New York with Willis Reed or Patrick Ewing, but the franchise's legacy would be altered by converting to a bank holding company. However "altered" doesn't mean "diminished," and the conversion not only would create a new business and basketball model, but also would create so much novelty buzz that the organization's standing could be enhanced. Its reputation could be restored through innovation and relentless focus on worldwide basketball supremacy.



What will the Knicks do instead?
See above.

Would the Knicks receive TARP money? Is the TARP program even still going on? Isn't that taxpayer money?
As a bank holding company, the Knicks would be TARP eligible. Though the organization has done an admirable job mitigating its exposure to troubled assets with incalculable values, and though it didn't have as much mortgage liability as some of its soon-to-be-peer institutions, it nonetheless still faces losing gambles (Curry's contract) and environmental difficulty (the NBA's economic model is failing). The Knicks could use the cash flow, as could the NBA. Though the Knicks will be leaving the league upon conversion, the team will remain a competitor in the basketball-talent market place. The sooner that a team like the Knicks gets back to spending lavishly on top-end players, the sooner the basketball capital markets will thaw. More money in circulation will ensure that top talent stays in the industry and that basketball--either produced by the NBA or by the Knicks--continues to fuel the American entertainment economy. That's something all taxpayers should support.

Is TARP even still a thing? Well, TARP money issued to other financial institutions has been repaid, mostly. (AIG, Chrysler, Discover, and a few other firms remain outstanding public investments.) But the program has not been fully extinguished. Further, it was so amorphously constructed, so hastily implemented, and so haphazardly supervised that the Knicks can surely find a way to participate. Never underestimate the extent to which Timothy Geithner will be willing to help a bank.

One consideration that would likely influence the Knicks' decision about whether to participate in TARP is that TARP money has come with limits on executive compensation. Though no one is proposing that James Dolan or Donnie Walsh receive an exorbitant salary, the principle behind concerns about excessive compensation surely would be implicated by paying players such high salaries. Someone like LeBron could probably command $40 or $50 million a year. However, this complication might be overstated. TARP's limits on executive compensation were motivated by populist anger directed toward bank executives who appeared to be profiting from the financial ruin which they helped to create in the first place. There are no such concerns here, and the likelihood of the Knicks turning a profit as the team conquered the basketball world makes New York's conversion into a bank holding company an attractive safe harbor for public funds.



What else will happen if the Knicks convert into a bank holding company?
This conversion will allow the Knicks to begin originating mortgages, something the team has always wanted to do. Now, the team can sponsor Hamptons Night, Columbia County Night, Florida Keys Night, Harlem Renaissance Night, Section 8 Night, Co-Op Conversion Night, and other promotions during which fans can come enjoy basketball and sign the paperwork needed for a dream home, or to finally secure that ideal fourth property on the water. This grows the financial pie at the Knicks' disposal, and it allows for the unique circumstance in which someone like LeBron James also could be the Real Estate King of New York. Try to match that, Akron. Serving as a mortgage broker will allow the Knicks to diversify their revenue streams and (hopefully--fingers crossed) tap into the eventual real estate rebound that Knick insiders forecast as taking hold in early Q3 of FY 2011.

The Knicks also will be offering competitive-rate CDs and free pens.

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2.22.2010

FD Guest Lecture: Where Magaling Happens

PHILIPPINES-RAILWAYS-POVERTY

Paeng Bartolome (aka Rafe Bartholomew) blogs at Manila Vanilla and has written a book on Philippine basketball, to be published in June.

When I was growing up in early 1990s New York, I thought everyone played ball. Shammgod, Ron-Ron and Steph were still in high school, and back then all we could talk about was their handles, not—as they moved on to college and the pros—how coaches should handle them. Of course, hoops didn't actually hold the entire city in its grasp, but it felt that way. I wore Olaf's shorts under my jeans every day in ninth grade; everyone I knew played ball, and anyone who didn't play I had no reason to know.

Alas, I grew up. I had to go to college, get a job, widen my frame of reference to acronyms beyond the PSAL, NAIA, NCAA and NBA. The sport was no longer my life, just a part of it. That's pretty typical for most kids who possessed some talent but nothing special and had to figure out plan B. Still, I missed the feeling of being surrounded by the game, of living in a place where everyone seemed to have a connection to basketball. A year after I finished school, I was lucky enough to find that place again, but I had to travel 8,000 miles to get there—the Philippines.



I had an idea of what I might find there. A few scenes of Filipinos committing out-of-this world acts of hoops devotion in Alexander Wolff's Big Game, Small World tipped me off, but nothing could prepare me for the depth and richness of the Philippines' basketball culture. The first time I stepped off an airplane in Manila, I saw passengers boxing out for front-row spots around the baggage carousel. At first I dismissed it as a hopeful mirage whipped up by researcher bias, but then I saw one passenger attempt to backstroke the person in front of him out of the way. He slid his hand under the other guy's armpit and pretended to yawn while raising his arm and pushing the other traveler behind him. It almost worked, but the guy in front kept his outside foot in front of the stroker's and denied the ensuing attempt to step through. Their technique was too pure. It was undeniable—basketball had seeped into the most mundane acts of everyday Philippine life.

Let's compress the messy and not-particularly-pretty history of U.S. colonial rule in the Philippines, not because it's unimportant but because it's difficult to explain in a paragraph, and I'm trying to stay focused on basketball. The vital fact, as far as the sport is concerned, is that Americans brought basketball to the Philippines in 1911, just twenty years after Naismith hung a peach basket on a wall in Springfield. Filipinos were probably the first people after Americans to play the sport seriously, and by the 1930s college and commercial leagues had become first-rate entertainment in Manila, events where society types fanned themselves in courtside seats and everyday fans dangled their feet from the rafters.

The conventional wisdom regarding Philippine basketball is that it is just like the American game, only the players are six inches shorter at every position. Blame the long shadow of colonial history for this misconception. American influence has been overstated by foreign writers who stayed a week in Manila, noticed that Filipino guards had more shake than their counterparts elsewhere in Asia, and credited Uncle Sam. Filipino columnists have been equally guilty of spreading the lie, often as part of a rhetorical argument (that has little to do with reality on the court) against U.S. influence on Philippine national affairs. The truth is that basketball has been a marquee sport in the Philippines for the better part of a century, time enough for the game to develop on its own, spinning off new styles like successful mutations, and evolving into something uniquely Filipino.

That ought to be enough context. Now, with some help from YouTube, here are five terms to describe the basics of the Philippine game.

•Umupo sa ere – translation: To sit in the air. Most Filipino players lack the height to pull off SportsCenter-worthy dunks. They don't, however, lack hops. Slashers in the PBA, Manila's professional league (also the second-oldest in the world, after Boss Stern's Association), have substituted the circus layup for the dunk as the ultimate expression of basketball artistry. Shots that look like once-in-a-lifetime lucky chucks are actually taken by design. Well, not exactly design, because for players like Samboy “Skywalker” Lim, the subject of two lengthy tribute videos (first above), the plan is to get into the lane and into the air. After that, there is no plan, other than to “sit in the air,” spinning and twisting, pumping and clutching until a chance to shoot materializes. In the American game, mid-air improvisation more often seems like a last resort, a flash of brilliance made necessary by a challenge, like Vince Carter's last-second squirm to dunk over and around Anderson Varejao on Sunday; it's more of a strategy for Filipino scorers, who will look to break down their opponents in the air, rather than on the ground. Samboy may have the longest highlight reels with the most sublime musical accompaniments—Yanni and Kenny Loggins—but he is certainly not the only player to master these hoops flights of fancy; Vergel “The Aerial Voyager” Meneses and Bong “Mr. Excitement” Alvarez, helped Lim perfect the art in 1990s, and guards like Cyrus Baguio and Arwind Santos keep it alive today.



•Pektos – translation: spin. If you're going to jump before deciding how to finish the play, you better be able to score from all angles and from an array of release points. To that end, PBA scorers like Lim and his modern day forebears James Yap and Willie Miller, combine spin and touch with scoops and finger rolls to bank shots like they were born with a Spalding in one hand and a protractor in the other. They may have grown up speaking tongues like Tagalog, Cebuano, and Ilonggo, but their use of shot-making English could leave H.L. Mencken at a loss for words. Spin is such a necessary part of the Philippine game that when large numbers of Filipino-Americans started coming back to play in the Nineties, guys from Cali received earnest instructions to imagine they were unscrewing a lightbulb while shooting layups.

The emphasis on pektos is due in part to the Philippine penchant for improvisation, but it also has to do with the lack of standardization in basketball courts and training techniques around the country. The Philippines is a poor nation, and although a startling amount of public money has been spent on constructing cement courts with roofs, overhead lights and fiberglass backboards, thousands more jerry-rigged hoops pepper the nation, built by people who decided to make do with a flat patch of earth and a rusted car hood lashed to a coconut tree. Countless Philippine pros learned the game in ad hoc style on homemade courts, mimicking their uncles' moves and trying out their own shots. These guys had little exposure to proper hardwood or knowledgeable coaching until high school or sometimes college. Of course, they eventually learned textbook basketball, but by then their self-taught skills couldn't be unlearned. Thus, almost every player possesses his own, abnormal genius—unteachable shots born of the extra-wide gaps between the two-by-fours that passed for a backyard backboard or a piece of rebar bent into a too-small rim.

•Gulang – translation: craftiness. This word is actually the root of the Tagalog term for parents, a neat double-entendre that emphasizes the built-in respect for experience in Philippine culture and, by extension, basketball. A player who has been around long enough to master the sport's dirty tricks has earned the right to take advantage of younger opponents. These dark arts include the holding and pushing that occurs on courts across the globe, but a special appreciation is reserved for sneakiness. You'll almost never see these acts caught on camera, but a few afternoons on Philippine playgrounds or a night of drinking with one of the PBA's retired defensive specialists will reveal a litany of basketball deceits. My favorite is hand- or finger-holding. Set a high screen in the Philippines, and chances are when you try to roll you won't be going very far. Ditto for when you get ready to jump for a rebound and find yourself tethered to the ground. What happened? Someone latched onto your index finger and tugged just enough to kill your momentum. You've been made a victim of gulang, which, in English, would be kind of like saying you got sonned.



•Ginebra – This isn't a term, it's a team, which is named after a brand of gin. It's also something of a movement, the runaway most popular team in the Philippines (although recent surveys suggest this title is not so clear-cut) that is synonymous with never-say-die basketball and its most famous practitioner, Robert Jaworski. This hoops Methuselah might have played to the death if being elected to the Senate in 1998 hadn't forced him to vacate his role as Ginebra's player/coach at the tender age of 52. When Jaworski was with Ginebra, the crowd was so notorious for showering the court with peso coins and AA batteries that opposing teams kept beach umbrellas under the bench and opened them up for protection from the inevitable fusillades. Nowadays, that frothy fandom is mostly channeled into chanting “Hee-neh-brah!” loud enough to shake the 15,000-seat Araneta Coliseum. That devotion also shows up in comically intense YouTube tributes like the “Princes of the Universe” video. If you can get over the words “I AM IMMORTAL” scrolling across the bottom of the screen when Jaworski appears, you'll see some splendid footage of one of the PBA's most exciting teams of the Nineties.

You may also notice Noli Locsin (6), the archetypical Philippine undersized power forward. That is, a 6-foot-3 bruiser who moves like Baryshnikov. Enough bulky fours – Nelson Asaytono, Alvin Patrimonio, Ali Peek—have combined agility and beefiness to make the miraculous blend seem fairly unremarkable, but none so dramatically as “The Tank” Locsin, who looked like he ate a kilo of rice at every meal and hung in the lane like he was riding Aladdin's carpet.



•Larong buko – translation: coconut game. The opening clip in this countdown is a reminder that the Philippine game embraces a healthy amount of silliness. These loose ball carnivals are common and popular enough to have earned the colloquialism larong buko, which suggests the players are handling the ball so poorly it might as well be a coconut. Aside from the surprising frequency of such moments at the professional level, it's worth noting that these are often the crowds' favorite parts of games. Fans will reward ten seconds of the ball squirting around like a greased pig and the players diving and sliding in pursuit with a few minutes of standing ovation. It goes back to the participatory nature of Philippine basketball—Filipino fans don't just admire the game, they play it, and nothing seems to please them more than the free-wheeling, frenetic, occasionally sloppy style of ball that they practice on their own neighborhood courts.



Watching these videos, someone might conclude that Samboy's virtuoso finishes and Noli's round mound act are cute novelties, but that these players can only pull off their moves because there are no shot-blockers in the PBA. They're probably right—the PBA game is played, by and large, below the rim, and if you dropped Josh Smith into these games he'd gobble shots like Pacman. So what? A country's basketball style develops according to the physical constraints and cultural intangibles that—in criminally general terms—make Americans the cagiest ball-handlers and strongest finishers, Eastern Europeans the most accurate shooters, and Filipinos the finest layup artists. I don't care that the Timberwolves could beat Ginebra by fifty; I care that the Philippine Basketball Association showcases a gorgeous and joyous brand of hoops and makes its own kind of amazing happen.

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