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Phoenix Suns hire Jordan Ott as head coach ahead of key offseason moves

Phoenix Suns hire Jordan Ott as head coach ahead of key offseason moves

Economic Times2 days ago

Jordan Ott named new Phoenix Suns head coach
Extensive coaching search led by GM Brian Gregory
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Suns face roster decisions following coaching hire
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The Phoenix Suns have appointed Cleveland Cavaliers assistant Jordan Ott as the franchise's next head coach, according to sources familiar with the decision. Ott, who has served as an assistant in the NBA since 2012, replaces Mike Budenholzer following a 36-46 season.Ott was among two finalists, alongside fellow Cavaliers assistant Johnnie Bryant, who met with team owner Mat Ishbia, CEO Josh Bartelstein, and general manager Brian Gregory in Michigan earlier this week. Devin Booker, the team's All-Star guard, was reportedly involved in the final stages of the hiring process and supported Ott's selection.Also read: Cavaliers' Johnnie Bryant and Jordan Ott finalists for Phoenix Suns coaching vacancy The hire marks the Suns' fourth head coaching change in as many seasons. Ott brings a reputation for tactical innovation on both offense and defense, as well as strong communication skills with players and staff. Team officials cited his adaptability and extensive background in video and analytics as key assets.The Suns began their coaching search after firing Budenholzer on April 14 and naming Gregory as general manager on May 1. Gregory led a multiround process that began with more than 15 candidates.Roughly eight coaches advanced to second-round interviews, and six, including Ott, Bryant, Miami's Chris Quinn, Dallas' Sean Sweeney, Oklahoma City's Dave Bliss, and Suns assistant David Fizdale, participated in in-person meetings last week.Ott's selection reflects alignment between Phoenix ownership and front office leadership, with all parties agreeing on the decision during final deliberations. His NBA coaching experience spans several franchises, including Atlanta (2013–16), Brooklyn (2016–22), the Los Angeles Lakers (2022–24), and Cleveland (2024–25).The Cavaliers, who posted an Eastern Conference-best 64 wins in 2024–25, now lose one of their top assistants. The team ranked first in offensive efficiency and eighth in defensive efficiency this season, according to ESPN Research.Also read: Phoenix Mercury signs former Duquesne guard Megan McConnell to WNBA roster With the head coaching vacancy filled, the Phoenix Suns will shift focus to roster adjustments ahead of the 2025–26 season. The team is expected to engage with All-Star forward Kevin Durant and his business partner, Rich Kleiman of Boardroom, to evaluate potential trade options.Durant is expected to draw interest from four to six teams during the offseason. His future, along with that of the broader Suns roster, will be key to the team's direction under Ott's leadership.Ott began his coaching career as a video coordinator at Michigan State under Tom Izzo from 2008 to 2013 before transitioning to the NBA. He has worked closely with player development staffs throughout his career, contributing to both veteran leadership and the growth of young talent.Also read: NBA finals preview: Indiana Pacers vs. Oklahoma City Thunder - key matchups and predictions The Suns enter the offseason aiming to restructure their roster while stabilizing leadership on the bench. Jordan Ott's appointment is expected to bring continuity and a structured development path for a team seeking consistency and long-term improvement.

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NBA: Gary Payton makes bold claim about Michael Jordan; believes season's Finals could go the distance
NBA: Gary Payton makes bold claim about Michael Jordan; believes season's Finals could go the distance

Time of India

time3 hours ago

  • Time of India

NBA: Gary Payton makes bold claim about Michael Jordan; believes season's Finals could go the distance

Fformer Seattle Supersonics and LA Lakers star Gary Payton speaks at an event in Mumbai. Mumbai: Gary Payton can talk about defense all day, understandably so. So good were his defensive skills back in the day, they called him 'The Glove'. So much importance he attached to the defensive side of basketball, he drilled it into his son Gary Payton II. He still does. And it's why the Naismith Basketball Hall of Famer, considered one of the best point guards of all time, believes the 2025 NBA Finals featuring Oklahoma City Thunder and the Indiana Pacers is set to be a 'great series'. 'I think this is going to be a great series. I like it because they both play defense. With both teams, you got five guys on the floor at all times who can go at each other,' Payton, a 2006 NBA champion with Miami Heat, told reporters here on Thursday. Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW! On his maiden visit to India, the former Seattle Supersonics and LA Lakers star, who is in town for the BudX NBA House this weekend, stressed that there was more to the two finalists than just their star point guards, Shai Gilgeous-Alexander of Oklahoma and Indiana's Tyrese Haliburton. 'Well, it's not just these two, they lead it. But you have to understand with these two teams, they have other basketball players who are very dominant. And right now it's a different type of style of basketball than I played,' Payton said, adding: 'When I played, I could put my hands on them, I could control them and things, but you can't do that now. But what I would do with either one of the guards, I would try to trap them and make other people win the basketball game. 'With the two superstars, especially MVP Shai Gilgeous-Alexander, you have to get the ball out of his hands. Make other people beat you. Even with Haliburton, when he has a great game, the Indiana Pacers go.' Along their path to the Finals, the Pacers were never taken to a seventh game by any of their rivals. That could be about to change as they battle the Thunder for the famed Larry O'Brien Trophy. 'I really do think it can go to seven games. The first one who loses on their home court is probably going to be the loser,' Payton said. 'They're the best two teams right now in the NBA. Oklahoma has been the best team all year winning as many games they did, 60-plus. Let's see what Indiana got for them.' Asked how he viewed the way NBA basketball has evolved and the direction it was heading in, the 56-year-old made his preference clear. 'I would rather see a lot more defense. Right now, it's a lot of offense. 'I don't want to go to a game and see somebody score 130 points. For what? And somebody has 50 points, another player has 55, that's not a watch for me. That's crazy. I think I want to see somebody stop somebody. I want to see somebody take accountability of taking a person out of the game who's very valuable to their team. That's what I want to see, and that's what I dictate to my son all the time. That's why he's got the old school basketball game to him right now, because he guards everybody from one to five and I love that. ' For his gritty display during the second half of the 1996 NBA Finals where he was tasked with guarding Michael Jordan, Payton would go on to be regarded as one of the best defensive opponents of the legendary Chicago Bulls guard. Is that how he would like to be described to basketball fans who tuned in after he was gone? 'I don't care about being the best defender of Michael Jordan. That doesn't mean anything, I was the best defender of everybody,' he shot back. 'I guarded everybody. (Michael) wasn't just a focal point for me. Everybody in the NBA was a focal point for me. I would want to be remembered as the first two-way basketball player to play on both ends of the floor. I started that. 'I really didn't care about scoring, I cared about stopping the opponent, their best player. Because if I stop them that means I stop their basketball team, because they can't function without him. My legacy started because of defense. People say that. That's great, I love it. But really, my legacy started off with me being just a complete basketball player. Both ends of the floor, complete.'

'Its not rocket science' -OKC Thunder's star player Shai Gilgeous-Alexander gives confident reply despite the team's loss of Indiana Pacers in NBA Finals Game 1
'Its not rocket science' -OKC Thunder's star player Shai Gilgeous-Alexander gives confident reply despite the team's loss of Indiana Pacers in NBA Finals Game 1

Time of India

time4 hours ago

  • Time of India

'Its not rocket science' -OKC Thunder's star player Shai Gilgeous-Alexander gives confident reply despite the team's loss of Indiana Pacers in NBA Finals Game 1

'Its not rocket science' -OKC Thunder's star player Shai Gilgeous-Alexander gives confident reply despite the team's loss of Indiana Pacers in NBA Finals Game 1 (Image Source: Getty) The NBA Finals Game 1 is over and the Indiana Pacers swept the win right under the Thunder's nose. Despite a promising start, the Oklahoma City Thunder lost the match to Indiana Pacers who showed great performance during the end, which led them to victory. Though the Thunder lost the match, their star player, Shai Gilgeous-Alexander portrayed confidence in the team in a post-match press talk. Shai went on to say that the Pacers did teach them that it's a 48-minute game and that anything can happen within those minutes. It seems that the Pacers' last minute victory has not shattered the Thunder's spirit. Shai Gilgeous-Alexander gave fitting reply in the after-match interview Soon after the Oklahoma City Thunder vs. Indiana Pacers Game 1 of the NBA finals was over, which the latter won with a 110-111 score, Shai Gilgeous-Alexander appeared for the post-match interview. When asked about what the team is planning to do after losing the game to the Pacers, Shai said, 'We just got to focus on being better. This series isn't first to 1, it's first to 4, so we have four more games to get, they got three… It's not rocket science. We lost Game 1. We have to be better.' Shai Gilgeous-Alexander gives a befitting statement showing the team's confidence despite losing Game 1 of the NBA Finals (Image Source: ClutchPoints via X) It shows that the OKC Thunder have not lost their spirit and will be performing their best in the upcoming matches. Whether they will win the next game or lose again, remains to be seen. However, seeing Shai's confidence, it is clear that the team will be well-prepared next time. When Shai was asked about what happened in the game that led to the Thunder losing, he said, 'I don't know, it happened so fast. I feel like we got matched… It didn't feel like anything crazy, you just made the play with time running down… Now it's a 48 minute game, and they (Indiana Pacers) teach you that lesson more than anyone else in the league the hard way.' Shai Gilgeous-Alexander's statement during post-match talk (Image Source: NBA on ESPN via X) The OKC Thunder vs Indiana Pacers Game 1 of the NBA finals was a close match, with the former almost winning the game. However, the Pacers made the final shot and emerged victorious. Also Read: Indiana Pacers stun the crowd with an edging victory against the Oklahoma City Thunder during Game 1 of the NBA Finals

RBI cuts rates again by 50 bps: Borrowers to benefit, savers and depositors to feel the pinch
RBI cuts rates again by 50 bps: Borrowers to benefit, savers and depositors to feel the pinch

Indian Express

time4 hours ago

  • Indian Express

RBI cuts rates again by 50 bps: Borrowers to benefit, savers and depositors to feel the pinch

RBI MPC Meeting Announcements June 2025: The Reserve Bank of India's six-member Monetary Policy Committee (MPC) has slashed the repo rate by a bigger-than-expected 50 basis points to 5.50 per cent, marking the third consecutive reduction since February 2025. The MPC move aims to boost growth prospects as inflation remains below the 4 per cent target. The rate cut will benefit borrowers, especially home loans, while depositors and savers can expect lower returns on their bank deposits in the coming months. The central bank also cut the cash reserve ratio of banks by 100 basis points to 3 per cent, releasing Rs 2.5 lakh crore of lendable resources to the banking system. The MPC, headed by RBI Governor Sanjay Malhotra, has changed its policy stance from 'accommodative' to 'neutral' in a bid to support economic growth. This RBI's rate cut decision is expected to stimulate borrowing and investment, leading to a higher growth rate. The policy panel retained growth estimate at 6.5 per cent but projected a lower inflation of 3.7 per cent in the current fiscal. The main factor that led to the 50 bps rate cut is the fall in retail inflation. Headline inflation, as measured by year-on-year changes in the all-India consumer price index (CPI), moderated to 3.2 per cent in April, the lowest since July 2019, from 3.3 per cent in March. The easing in CPI has been driven by the sustained fall in food prices. Economists said that with inflation remaining below the 4 per cent target in the last three months (February, March and April), and a sharp fall in food inflation, CPI is likely to durably align with the 4 per cent target over a 12-month period, paving the way for further rate cuts. Under the flexible inflation targeting (FIT) framework, the RBI has been mandated by the government to maintain CPI at 4 per cent with a band of +/-2 per cent. Further, the RBI had estimated the GDP growth to be at only 6.5 per cent in the current fiscal at a time when the trade tariff issues with the US have created some uncertainty on the economic front. 'MPC felt that core inflation is expected to remain benign. Frontloading of rate cut will support growth… it's imperative,' Malhotra said. As the Repo rate has been reduced by 50 bps, all external benchmark lending rates (EBLR) linked to it will decline by a similar margin. It would be a relief for borrowers as their equated monthly instalments (EMIs) on home and personal loans will drop by 50 bps. Earlier, following a 50 bps cut in the repo rate since February 2025, most banks reduced their repo-linked lending rates by the same magnitude. Lenders have also lowered their marginal cost of funds-based lending rate (MCLR). Banks are also expected to reduce the deposit rate in the wake of the reduction in lending rate. This will impact savers and depositors who will see their returns declining. The rate cut is likely to benefit the bond market, as falling interest rates typically lead to a rise in bond prices. Yields, especially on government securities, may decline further, enhancing returns for existing bondholders and boosting demand for fixed-income assets. Potential borrowers could see their EMIs decrease in the order of Rs 800-1,200 per lakh depending on whether they are on a floating-rate loan, and it would immediately improve their liquidity. However, deposit rates could go down from already near record levels of 2.7 per cent on savings for conservative savings which could compromise savers. The RBI also revised its projections on real gross domestic product (GDP) and inflation for FY2026. As per the RBI's estimate, CPI inflation for 2025-26 is expected to be lower at 3.7 per cent as against 4 per cent estimated earlier. The easing of supply chain pressures, softening of global commodity prices and higher agricultural production on the back of a likely above-normal south-west monsoon augur well for the inflation outlook in 2025-26. The real GDP growth for 2025-26 is projected at 6.5 per cent. In the quarter ended January-March 2025, the domestic economy picked up pace and grew at a four-quarter high of 7.4 per cent. For the financial year 2024-25, the growth rate stood at 6.5 per cent, which was a four-year low. 'The Indian economy is poised to sustain its position as the fastest growing major economy during 2025-26, supported by pickup in private consumption, healthy balance sheets of banks and corporates, easing financial conditions and the government's continued thrust on capital expenditure,' the RBI's annual report said.

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