Mailbag: More on Eagles Draft

Mailbag: More on Eagles Draft

Reader Alison writes in to point out the poll on DonovanMcNabb.com asking what position the Eagles should address with their first pick.  Not surprisingly, QB didn't make the list.

Reader George writes in from Boston with a nice long rant on the Eagles as a business.  He starts:

Something that I'm reminded of today is that pro sports is above all a business. I'm thinking of this as I reflect on the Eagles draft. I'm a displaced Philly fan living in Boston, working in finance, so I 'get it.' That doesn't mean that I have to like it. There's essentially two ways to run a business, one is for growth and the other is for cash. Running a business for cash is often perceived as the safe play.

The rest of his rant after the jump.

Once the business is established, it doesn't reinvest a lot of capital, maximizes profitability, generates a steady stream of income and cash flow, and so long as none of its competitors are really out-executing it or taking significant market share, the business can continue to hum along and make money for a long time. Eventually, however, many of these businesses either get diplaced by more agile or more innovative competitors, or by larger companies that have better scale and lower costs.   

   Running a business for growth is more risky. The growth business reinvests a lot of its earnings and cash in R&D or sales capacity to grow the business. It looks to make strategic acquisitions, and sometimes chooses to go into debt, potentially betting the future for opportunities that are available today. There is inherantly more risks to the growth strategy. A company could make bad investments, R&D could bear no fruit and acquisitions can carry significant integration and execution risk. And often, growth strategies fail and companies go bankrupt. But sometimes they don't, and we get a General Electric, a Microsoft or an Apple. From an investment perspective, investors like cash, but they pay up for and lust for growth. Why? because one dollar is always worth one dollar, but the dream of what one dollar invested today could be worth tomorrow, next month or next year is a big part of what makes this country go. Everyone wishes they'd invested that dollar in Microsoft in 1990.

nbsp;   While the Eagles might appear to be in growth mode, from a business analysis perspective they are obviously in running the business for cash. By trading down and drafting for the future, the Eagles are conservatively choosing to sit on cash as opposed to making capital investments that could help the team win now. Moving down in the draft lowers their total cash outlay required to sign their total draftees, lowering capital expenses and total reinvestment rate. Strategic acquisitions in recent years seem to have been small and anything but risky. The Eagles have been running the franchise under the salary cap for years, maximizing profit margins at the expense of innovation and improving their competitive position in the market. This has resulted in the Eagles being an above-median performer over the last decade, but having constantly fallen short of absolute success as it is measured in their business segment.

   The company - excuse me, the Eagles - were not always running the business for cash. Reid, Heckert  & Co. used to be an innovative management team. The drafting of Donovan McNabb and the signing of Jon Runyan started the growth cycle. The Eagles were in full growth mode when they acquired Jevon Kearse and TO, and drafting players that could potentially make a positive contribution right away. Maybe that experience has left the management team more conservative, and understandably so. Here's the problem: in the NFL, the future is always now, this season. Business performance gets judged annually. There is no carry over, no running the business for cash, everyone starts anew each year. Yes some of the players are carried over, but every team is remade each season. Every September, each team start with 0 wins and 0 losses before the first coin flip.

 

    So here's to imploring CEO Jeff Lurie. Jeff, grow the business. Invest, acquire, think strategically. Add valuable assets around your core capabilites. Boldly defend your market position. Bury the competition. Increase the returns for your shareholders, or us fans. See what that dollar in your pocket can be worth in November, December or even in January. Because come that second week in February, that dollar is worth just a dollar.

Instant Replay: Warriors 119, Sixers 108

Instant Replay: Warriors 119, Sixers 108

BOX SCORE

Stephen Curry shot 0 for 11 from three and it didn't even shake the Warriors.

In spite of the star's long-range woes, the Warriors beat the Sixers, 119-108, on Monday night at the Wells Fargo Center.

The Sixers hung tight with the Western Conference powerhouse in the first half. They trailed by just one after the first quarter and three after the second following a 10-0 run. Klay Thompson led all players with 15 points in the first half while Gerald Henderson and Kevin Durant were right behind him with 12. Meanwhile, Curry went 2 for 11 (including 0 for 7 from long range and a pair of airballs) in his first 18 minutes.

The Warriors, though, opened the third with a 12-3 burst to take a 12-point lead. They scored 34 points in the quarter even as Curry's shooting woes continued (0 for 10 from three through three). Durant scored 22 points through three. The Sixers trailed by 13 heading into the fourth.

The Sixers fought until the buzzer, but were never able to overcome that third-quarter spurt. The Warriors won their 50th game of the season (50-9) while the Sixers dropped to 22-37.

Inside the box score
• Curry went scoreless from three for the third time this season and 37th game of his career. He shot 0 for 10 against the Lakers on Nov. 4 and 0 for 8 on Dec. 7 against the Clippers.

• Durant led all players with 27 points to go with eight rebounds and four assists.

• Draymond Green recorded a 14-point, 11-assist double-double along with six rebounds.

• Jahlil Okafor picked up his fifth foul with 9:44 to go in the third. As a result of his foul trouble, Richaun Holmes logged 28 minutes and scored 15 points with four rebounds. Okafor, meanwhile, committed seven turnovers and scored four points and three rebounds in 17 minutes.

• Dario Saric led the Sixers with 21 points, seven rebounds and seven assists.

• Robert Covington pulled down a team-high eight boards.

Saric bounces back
Dario Saric hit the ground after being struck in the face by David West in the fourth. He walked off the court on his own and stayed in the game. West was issued a Flagrant 1 on the play (watch play here).

Grab-and-go defense
What’s the key to defending the Warriors? Grab whoever is open. Brett Brown didn’t want the Sixers to get locked into one-on-one matchups when each player can be a threat.

"You have to accept switching,” Brown said. "You have to accept that it's going to be a generic-type gym in relation to matchups don’t matter a lot in our early offense. You just have to find Klay wherever he is and whoever it is. You’ve got to find Steph (Curry). You’ve got to find Kevin (Durant). Draymond (Green) is a runaway train when he rebounds and leads the break. It's really the instruction that you’re not a prisoner to have to guard your original matchup. You’re going to see a lot of people on a lot of different people."

Bogut era ends
As expected, the Sixers waived Andrew Bogut on Monday after acquiring him in the Nerlens Noel trade from the Mavericks (see story). Brown has known Bogut since the center was in high school thanks to their Australian connection. He would have liked to have coached Bogut but understands Bogut's interest to sign with a contender.

"I spoke with him at length. His goals aren't aligned with ours," Brown said. "He really feels, and I agree with him, he wants to go play on a playoff team at this stage in his career and make an impact from that sort of vision lens, more playoff-oriented than trying to build something. I respect his candidness. I would have liked to have had him."

Hart in the house
Watch Philadelphia native Kevin Hart ring the ceremonial bell before the game.

Up next
The Sixers travel to Miami to face the Heat on Wednesday. They snapped the Heat's 13-game winning streak in their last meeting. 

Bryan Colangelo on Joel Embiid setback: 'We're reacting in a way that's proactive'

Bryan Colangelo on Joel Embiid setback: 'We're reacting in a way that's proactive'

The timetable for Joel Embiid's return to the court keeps getting murkier.

Embiid was ruled out indefinitely on Monday and will now have an MRI on his injured left knee (see story). He initially suffered a bone bruise on Jan. 20 and it was revealed on Feb. 11 that he had a minor meniscal tear.

The Sixers previously had a plan of rest and rehab in place and targeted a March 4 return for the big man. 

"With respect to what's developed over the last couple of days, it's quite simple, Joel developed a little bit of swelling and soreness," Sixers president Bryan Colangelo said during Monday's edition of Philly Sports Talk. "We're reacting in a way that's proactive. We wanted to be more communicative with our fans. We wanted to make sure that there's less question about whether or not he would be available. This is literally changing out for the next two games now to out indefinitely."

That's a quick change of events. As recently as Friday, Embiid was on track to be back in uniform this week.

"I was in a situation where the latest update on Friday was that he was doing well through his planned progression toward returning to play," Colangelo said. "In recent days, his training has developed a reaction with swelling and soreness, and thus we wanted to take a step back, put him on ice for a minute and make sure that we do everything possible, including getting another scan done."

Embiid initially suffered the injury against the Portland Trail Blazers on Jan. 20. The rookie sensation missed three games before coming back vs. the Houston Rockets in a national TV matchup on Jan. 27. He has missed all 13 games since facing the Rockets.

Even with Embiid’s diagnosed tear of his meniscus and recent flaring up of the knee after rehab sessions, the Sixers are being supremely cautious when it comes to any potential procedures. The team is not in a rush to put the center back under the knife after he missed the first two seasons of his career because of a pair of foot surgeries.

"With all due respect, medical injuries are injuries that require care and attention," Colangelo said. "When I take information that comes from the medical team, including doctors and the training staff and the physiotherapists, we apply it as instructed and we do that to protect the athlete. In a case of jumping into someone's knee to operate, when the circumstances are known but the conditions and how he's reacting to certain things are still unknown, I think you go through the planned progression of steps as prescribed and evaluated by doctors."

The quick decision to label Embiid out indefinitely is a sharp contrast to prior updates on the phenom. Just last week, Embiid lamented how the Sixers never announced a true timetable for his return (see story).

Now just days later, Embiid has a prognosis that could technically keep him out for the remainder of the regular season. 

Embiid has proven his worth in 31 games this season by averaging 20.2 points, 7.8 rebounds and 2.5 blocks in 25.4 minutes a night. But with only 23 games left on the schedule, will he suit up again this season?

"Out indefinitely means just that. It's indeterminate at this point," Colangelo said. "I think we're all hopeful to get him out there. It would be beneficial for the fans to see him again. It would be great for us as a unit to have him out there as we continue to strive toward winning as the season concludes.

"But at the end of the day, the health and performance of our athletes is first and foremost. We don't want to jeopardize the long-term health."