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Timberwolves’ Anthony Edwards fined $50K for recklessly swinging chair after playoff game in Denver

Minnesota Timberwolves guard Anthony Edwards has been fined $50,000 for recklessly swinging a chair after a playoff game in Denver earlier this year, the NBA announced on Wednesday. Per the collective bargaining agreement, the league could not end its review into the matter until the criminal investigation into the incident was concluded; charges against Edwards were dropped in July.

After missing a potential game-tying shot at the buzzer of the Timberwolves’ Game 5 loss to the Denver Nuggets in the first round of the playoffs last season, Edwards sprinted off the floor and down the tunnel toward the locker room. As he left the court, he picked up a chair and tossed it aside, hitting multiple bystanders.

Video shows Anthony Edwards throwing chair at security guard pic.twitter.com/jw8eFM2Ky4

— MadstrosityYT (@MadstrosityYT) April 26, 2023
Denver police spokesman Jay Casillas said that the two women struck by the chair sustained minor injuries and Edwards was charged with third-degree assault for “knowingly or recklessly” causing bodily injury. Edwards was cited at the arena, and given a court date of June 9.

Edwards’ lawyer, Harvey Steinberg, issued a statement in the immediate aftermath:

“With the game over, Anthony’s exit from the court was partially obstructed by a chair, which he moved and set down three steps later. As video of the incident confirms, Anthony did not swing the chair at anyone and of course did not intend to hurt anyone,” Steinberg said. “Anthony intends to vigorously defend against these baseless charges.”

The charges against Edwards were later dropped.

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Ahead of his fourth season with the Timberwolves, Edwards has spent his summer with Team USA, and will participate in the FIBA World Cup later this month. He was inserted into the starting lineup for the team’s tune-up game against Puerto Rico and was one of the stand-out players. He finished with a team-high 15 points and four steals in the Americans’ 117-74 win.

Team USA will play four more friendlies in the coming weeks before beginning World Cup action on Aug. 26 against New Zealand. The Americans are looking to bounce back from an embarrassing seventh-place finish in 2019 and win their sixth gold medal in the event.

Suns to retire jerseys of Amar’e Stoudemire, Shawn Marion during 2023-24 NBA season, team announces

Two Phoenix Suns greats will be inducted into the team’s coveted Ring of Honor. The team announced on Wednesday that Shawn Marion and Amar’e Stoudemire will join a select group comprised of the most impact individuals in the organization’s history during the 2023-24 season. Each payer will have their own jersey-retirement ceremony during a regular-season game.

Marion, also known as “The Matrix,” spent nine seasons with Phoenix and made four All-Star teams during that span. The two-way forward averaged 18.4 points and 10 rebounds per game as a Sun before stints with the Miami Heat, Toronto Raptors, Dallas Mavericks, and Cleveland Cavaliers. Needless to say, his best years were spent in Arizona.

“This is amazing to be recognized by the Suns family in this way,” said Marion. “The fans in Phoenix are one-of-a-kind and this city will always be a part of me. My time with the Suns was special and I am looking forward to being inducted into the Ring of Honor.”

Stoudemire, like Marion, was drafted by the Suns. The big man kicked off his pro career on a high note by winning Rookie of the Year in 2003. He went on to make six All-Star teams. Stoudemire averaged 21.9 points, 8.9 rebounds, and 1.4 blocks per game with Phoenix before leaving for New York as a free agent in 2010. He credits the Suns for giving him his best NBA seasons.

“I bleed purple and orange, making this a tremendous honor to be inducted,” said Stoudemire. “My best and most transformative years came in Phoenix with the Suns. I have so much love for Suns fans and appreciation for the love they have always shown me.

How to watch World Cup warm-up online, TV channel, live stream info, start time, roster

The 2023 FIBA World Cup is now just a few weeks away, and Team USA will be looking to get back on the podium after a disappointing seventh-place finish in the tournament in 2019. Ahead of the event, the Americans will play a series of warm-up games in Spain and the United Arab Emirates.

The first of these pre-World Cup friendlies will be against Luka Doncic and Slovenia on Saturday, and will provide the Americans with their first real test of the summer. This will be an important opportunity for the new teammates to get some minutes under together and build chemistry.

Team USA cruised to a 117-74 victory over Puerto Rico in their first warm-up game for the World Cup, but that was thanks in large part to a massive talent advantage. That won’t be the case this time around, and Slovenia will actually have the best player on the floor in Doncic. While the result of this game doesn’t matter, it will be a big indication of where this team is at heading into the tournament.

There are a lot of young players on this team who will be getting their first taste of serious international basketball, which is a different game from the NBA. It will be interesting to see how they handle that environment against a Slovenian side that has far more experience playing together.

Furthermore, it will be worth watching how the minutes distribution starts to shake out as the contests get more competitive. Save for Josh Hart and Walker Kessler, everyone on the roster played between 10-23 minutes against Puerto Rico. That won’t remain the same as we get closer to the real tournament, and we’ll soon find out who head coach Steve Kerr actually trusts.

Prediction
This is only an exhibition, so it feels funny making a serious prediction. In any case, we’ll take the Americans to get a narrow win. Doncic can control the action, but at the end of the day the Americans have a deeper, more talented roster than the Slovenians.

2023 FIBA World Cup dates, times, TV channel, how to watch online

Team USA basketball is just a few weeks away from starting the FIBA World Cup, hoping for a better result from 2019 where the squad finished seventh. The roster features some of the NBA’s brightest young players, including All-Stars Anthony Edwards, Tyrese Haliburton and Jaren Jackson Jr. The roster is overflowing with talent, but as we saw four years ago, talent doesn’t always translate to winning. Team USA is hoping this time around the roster they’ve assembled is better suited for this international tournament.

But before USA Basketball travels to the Philippines for the World Cup, the team will hope to establish some chemistry in exhibition games. With one exhibition game already behind them, a 43-point win against the Puerto Rico national team, Team USA will also face off against Luka Doncic and Slovenia, as well as the 2019 World Cup champions, Spain. The Americans will close out their exhibition games with matchups against Greece and 2019 World Cup runner-up Germany.

Ahead of all the action, here’s everything you need to know about Team USA’s upcoming schedule.

How Magic Johnson missed out on $5 billion by not accepting Nike offer as NBA rookie

When Magic Johnson entered the NBA in 1979 fresh off a national championship victory over Larry Bird, he was presented with sponsorship offers from three companies: Converse, Adidas and Nike — the latter of which was still a rookie of its own kind as a public company. He went with Converse. It’s not a decision, financially speaking, that has aged well for Johnson.

“Converse offered me the most money,” Johnson said on Showtime’s “All the Smoke” podcast. “So you know, when you grow up broke, you take the money. [Nike co-founder] Phil Knight came in and said, ‘Hey, I can’t offer you the same type of money, but I can offer you stock.’

“I didn’t know nothing about it,” the Lakers legend continued. “My family didn’t come from money. See, that’s one thing that hurt us sometimes. When you don’t come from money, I didn’t even know what stocks was at that time. So I passed on the stocks. Can you imagine? Forty-five years. Five billion dollars that stock would’ve been worth today.”

Yes, you read that right. That’s five billion. With a B.

Magic missed on a once-in-a-lifetime opportunity with Nike. 😳

Luckily for him, everything turned out alright.

Watch episode 165 of #AllTheSmoke with @MagicJohnson on our YouTube.#ATSBestofSeason4 pic.twitter.com/3YZK469tr3

— SHOWTIME Basketball (@shobasketball) August 9, 2023
Listen, nobody is feeling bad for Magic financially. If the man isn’t worth a billion, he’s close. But he has had to work hard for that money. He only made $40 million in salary as a player, and has since gone on to make hundreds of millions more in the business world since retiring from basketball, for all intents and purposes, in 1991.

In other words, Magic, to this point, could have made likely more than five times his total net worth in purely passive income had he taken the Nike stock. Again, tough pill to swallow.

It’s easy to understand why Johnson didn’t take the Nike deal at the time. It was a risk. Nobody knew that Nike would become the money-printing factory that it is today. As Johnson said, at the time, he needed the guaranteed money, and like most of us in our early 20s, he wasn’t financially savvy enough to consider or even understand alternative payment structures.

If you’ve seen the movie “Air” about Michael Jordan’s deal with Nike as a rookie in 1984, you know that he also set up a non-traditional structure that paid him a percentage of sales on his custom shoes. That was a landmark precedent and incredibly wise decision for Jordan to properly monetize his value, and though it’s different than the stock Johnson was offered (to be fair, Jordan may have gotten some stock, too), the main takeaway is that Nike had to get creative with its offers to present itself as a viable option against the more established companies that had more upfront money to offer prospective athletes.

Looking back, Nike offered Magic Johnson a $5 billion windfall. He passed and took the sure thing. It’s good that he’s ended up in a place financially that he can have a good laugh about the misstep now.

2023 NBA opening night schedule to feature Lakers vs. Nuggets and Suns vs. Warriors, per report

The schedule for opening night of the 2023-24 NBA season has arrived, and will feature four of the best teams in the Western Conference on Oct. 24. The defending champion Denver Nuggets will host the Los Angeles Lakers in a Western Conference Finals rematch, while the new-look Phoenix Suns and Golden State Warriors square off, according to Shams Charania.

In addition, No. 1 overall pick Victor Wembanyama is set to make his official debut for the San Antonio Spurs the following night on Oct. 25 against Luka Doncic and the Dallas Mavericks, according to Marc Stein.

Nikola Jokic missed out on MVP last season, but he got the ultimate reward when he led the Nuggets to their first title in franchise history, and was named Finals MVP. On opening night, he will finally get his first ring, and get to see the banner raised to the rafters of Ball Arena with all of his teammates. Then, he’ll try to beat the Lakers again after sweeping them out of the playoffs last season.

Knowing Jokic, he won’t care much for the pomp and circumstance of ring night, but that will be a special moment for him, the franchise and the city. The Nuggets have been around since 1967, and have never had a player like Jokic or won a championship prior to last season. This will be a chance to celebrate that accomplishment one more time together before starting their title defense.

The other game will, in large part, center around veteran point guard Chris Paul. After three seasons with the Suns, Paul was traded to the Washington Wizards this summer in the Bradley Beal blockbuster, then later re-routed to the Warriors in exchange for Jordan Poole. This outing will double as his debut with the Warriors and first chance at getting some revenge on the Suns.

Zooming out, it will be a chance for both teams to show where they stand in the West after shorter playoff runs than they may have hoped and big offseason changes. Can the Suns make the perimeter-heavy trio of Kevin Durant, Devin Booker and Beal work with limited depth? And how will the Warriors, now all a year older, integrate Paul as they try to cling to contender status?

Another interesting aspect of opening night is that it does not feature a single Eastern Conference team. The defending champion is always in action, but the league usally splits the night up with one marquee game for each conference. Perhaps the uncertainty surrounding the defending East champs, the Miami Heat, is to blame. If they had already acquired Damian Lillard, it would be a no-brainer to showcase them, but that hasn’t happened yet, and the league doesn’t seem to thrilled about how that whole process is playing out. Regardless, it’s still strange there’s no East team playing.