bumsquare

That's not how I spell Jose Calderon... I think I spelled it right? K-A-Y F-E-L-D-E-R

Welcome to the Derrick Rose era!

Hahahahahaha

$70 million is 1% of Gilbert's net worth.

Delightful! Looks like a magical place.

Hard to see the Cavs coming out of this looking good. I don't see Ainge budging. Not psyched to start the season with Rose at the 1.

I'm inclined to think this trade weakens the Cavs right now, unless they move the pick for a valuable veteran. But I'm kind of curious about what Boston is doing. Did they get better this offseason? Jettisoned Bradley, IT, Crowder, and Olynyk. Added Kyrie and Hayward. Not sure that's an obvious upgrade.

These are skewed. Thomas was the man in Boston. His numbers will go down playing next to LeBron, as will his ball handling. Kyrie's ppg will likely rise playing next to Hayward in Boston; the latter being much less ball dominant. Kyrie and Thomas had similar usage rates last year (33.7 for IT, 30.2 for KI). Kyrie had the highest usage rate on the Cavs, and it was a career high. Hayward is also a high usage player, around 25th in the league at 27.6.

Wow adding St. Louis, Cleveland, Detroit, Cincinnati https://www.google.com/amp/amp.usatoday.com/story/591771001/

Not to put words in bumsquare's mouth, but these are terms of art in Cleveland, so you absolutely can get both. Abatement in this context is the as-of-right tax abatement of additional city-imposed property taxes for residential development. The same thing every new house and every new apartment building gets. The TIF is the discretionary exemption that applies to the additional city property taxes on the non-residential portion and, in this particular case, but few others, the additional school district property taxes on the whole project. Ur better at words than me. Like I said upthread from Michelle: "The city previously approved forgivable loans for nuCLEus to help with demolition and site clean-up. Apartments and condos in the complex will be eligible for 15 years of property-tax abatement under a widely used city program meant to encourage residential construction." I don't think this changes my point. The commercial components would be TIF'ed, residential abated. I am pretty sure the residential abatement is approved administratively, and the TIF has to be legislated each time. Stark could build a residential project here that would be successful (with an abatement). A more dynamic project requires more creative financing solutions, but they are still making payments under a TIF. An abatement means they don't owe anything due to any increased value. EDIT: Stated another way, my point is they can't have the privilege of not paying taxes and having the power to bond out tax payments on the entire project. I get that residential can be abated, but it would be abated no matter what because the administration would approve it. Plus the schools and the City are already getting tax revenue from the lots as-is. A TIF just means for the life of the bond their tax payments (on the commercial portion) service debt, not the schools or the City. If you don't understand it that's fine, but please don't advocate for a position you don't quite understand...

I think this is all reasonable. The city/school district has to be able to squeeze out the best possible deal for the public.

It'd be interesting to see the market study. Especially for the retail component.

Not to put words in bumsquare's mouth, but these are terms of art in Cleveland, so you absolutely can get both. Abatement in this context is the as-of-right tax abatement of additional city-imposed property taxes for residential development. The same thing every new house and every new apartment building gets. The TIF is the discretionary exemption that applies to the additional city property taxes on the non-residential portion and, in this particular case, but few others, the additional school district property taxes on the whole project. Ur better at words than me. Like I said upthread from Michelle: "The city previously approved forgivable loans for nuCLEus to help with demolition and site clean-up. Apartments and condos in the complex will be eligible for 15 years of property-tax abatement under a widely used city program meant to encourage residential construction."

It can't get both a tax abatement and a TIF. That is just not how tax financing works. If you don't understand it that's fine, but please don't advocate for a position you don't quite understand... Point taken, but I hardly think it renders my other points irrelevant. Edit: From one of Michelle's articles about the TIF: "The city previously approved forgivable loans for nuCLEus to help with demolition and site clean-up. Apartments and condos in the complex will be eligible for 15 years of property-tax abatement under a widely used city program meant to encourage residential construction."

I think it's totally reasonable to question the public benefit of the project. At least as questionable as the public benefits that have been derived from the Convention Center, Medical Mart, football stadium, Gateway, and Rock Hall. Not to mention the fact that most of this project won't even be publicly accessible. Its also already getting public support in the form of tax abatement. Furthermore, it's easy to see another developer asking for something similar on something like the Warehouse District lots. You could very well end up in a situation where all of the most expensive housing in the city, thousands of units (if a precedent is set), is contributing drastically less proportionally to the schools than neighborhood housing. I'd like to see the project get done but won't pretend there aren't serious issues with the TIF proposal.

Have to disagree with mjarboe[/member]. The purchase was more Ottoman than Byzantine.

Ya that's not great. His advanced stats last year are remarkably similar to Wiggins'. His 3 point shooting was worse. But his rebounding and assists per 36 were both better. Both are horrible defenders. Not terrible as long as he's a bench player but why they picked someone up who's such a bad 3 shooter is puzzling.

Sadly I'm not convinced that Gilbert is all-in on winning anymore. Though I'll agree with Hts here, Wiggins is not fair value for Irving unless there is some other very big piece involved. I will agree only in that, right now, Kyrie is considerably further along in his development as a star than Wiggins. But Wiggins has steadily been improving his game and is only 22. Plus Kyrie, for the last 3 seasons, has had the luxury -- whether he ever appreciates it -- of having the space to develop into elite status next to one of the greatest players in the history of the game. Wiggins has been on a crap/developing young team. So I'm not understanding all the Wiggins hate I'm hearing on UO. People are doting on Eric Bledsoe, who is certainly an upper echelon PG, but Wiggins shot the 3 even better than Bledsoe and nobody can deny that Wiggins' defense is considerably better than either Kyrie's or Bledsoe's. Wiggins is probably a worse defender than Kyrie and definitely a worse defender than Bledsoe. Bledsoe is one of the best defensive guards in basketball and Wiggins was historically bad on defense last year and has regressed each of his 3 years in the league. I posted an article upthread that showed how Wiggins might be the worst defensive player in the league (-2.9 DBPM). He's also one-dimensional on offense, doesn't rebound, and doesn't move the ball. He had a PER of 16.5 (barely above-average) which was no better than the mark he posted in 2015.

Yeah I really hope they don't trade for Wiggins. It's like nobody realizes he's not very good for some reason. https://fivethirtyeight.com/features/the-nba-haters-ball/

If you think the advanced metrics don't place a lot of value on Kyrie, you should check out Delly's. He was one of the worst players in the NBA last year, with worse defensive numbers than Kyrie on a better defensive team. Edit: He's also on a horrible contract

The Cavs basically have no incentive to trade him. He has one of the most team friendly contracts in the league and it lasts for two more seasons. Everyone is acting like the Cavs have to trade him because he asked. Melo and Bledsoe? GTFO

So where is it? It is in the New England Building (under the Holiday Inn Express). There is a connector through Garfield, however. But it's part of the same redevelopment

Yes, if only the U.K. and Canada would finally privatize their health care they could lower their life expectancies and number of insured to US standards.

Idk I think Centre Island, most of the lakefront, and Trinity Bellwoods are all pretty great.

East Bank is newer, and was also where the Flats resurgence began during the late 80s and early 90s. The West Bank (Shooters et al) came in later, and is now older. Yes David, E Rocc is right. You may not have been here a decade or so ago when the East Bank was totally dead. It was torn down in hopes of the development that Fairmount/Wolstein has not built but, because of legal and financing hassles, it was in doubt. And people were depressed remembering the good old days of the 1980s and 90s. The West Bank has pretty much been the same, esp with Shooters being the lone holdout -- along with Odeon, now, reborn on the East Bank. Odeon was always East Bank