David Stern's version of the "Ponzi Scheme" — having accountants moving money around for years with the knowledge that eventually you'd be caught — is over.
The National Basketball Association as we've known it since Larry Bird and Magic Johnson saved it three decades ago is over.
Crummy (and I mean crummy) players making $12 million — see late season acquisition Troy Murphy in 2010-11, who couldn't crack the Celtics disappointing rotation during crunch time in April and May — has finally caught up with the league.
I don't meant to pick on Murphy. From what I'm told, the Notre Dame grad is a nice guy. There are dozens of others, including phony-baloney all-star Antwan Jamison, who has raked in $124 million over his 12-year career. Over that span, this franchise player has "led" his four teams to three playoff series victories. That's right. Three series.
I forgot to mention Jamison will be paid $15.1 million this year as a member of the Cleveland Cavaliers. That is more than $2 million than Tom Brady will make this season.
Oh yes, because Jamison is in the last year of his contract he will be a hot commodity, even though his points, rebounds and assists numbers have begun their immediate descent. NBA teams want expiring contracts almost as much as they want a franchise player. It means you can start preparing for the season the season after this one.
I will admit that the NBA playoffs have been very good the last half-dozen or so years. Yes, I'm being a tad provincial because our Boston Celtics have been in the mix.
But the storylines between Celtics vs. Lakers, Celtics vs. LeBron, power struggle between Lakers, Spurs and Mavs in the West, emergence of Kevin Durant, etc. ... have caught most of the country's attention.