Oct 09, 2020
Senate Democrats are SMASHING fundraising precedents
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(CNN)The numbers are absolutely eye-popping.Between July 1 and September 30, Democrat Theresa Greenfield raised almost $29 million for her race this fall against Republican Sen. Joni Ernst of Iowa. That's not only more than Ernst's 2014 Democratic challenger, Bruce Braley, spent ($12 million) in the entire 2014 race, it's more than Braley and Ernst spent (just more than $24 million) in that race. And it's not just Iowa.
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In each episode of his weekly YouTube show, Chris Cillizza will delve a little deeper into the surreal world of politics. Click to subscribe!Even in states seen as long shots to be competitive for Democrats, the cash is pouring in. In Alaska, Al Gross raised $9 million in the third quarter for his race against Sen. Dan Sullivan (R). In Mississippi, former Rep. Mike Espy collected $4 million in the third quarter for a very uphill race against Sen. Cindy Hyde-Smith (R).What's remarkable about the Democratic fundraising totals is that we still don't know how much former state party Chairman Jaime Harrison (D) raised in the third quarter for his increasingly competitive challenge to Sen. Lindsey Graham of South Carolina. Harrison's team has been mum about the total, but as The Washington Post's Paul Kane wrote this week:"Some think Harrison's quarterly report could approach, or even eclipse, the $38.1 million raised by Beto O'Rourke in the summer of his 2018 race in Texas, believed to be the largest quarterly fundraising haul ever in a Senate race."In almost every race cited above, the Republican incumbents have refused to publicly release their own fundraising numbers, which must be filed publicly by October 15. The expectation, among Republicans and Democrats, is that very few (if any) of the GOP incumbents will come anywhere close to matching their Democratic rivals in third-quarter fundraising?What does it all mean? Well, in the most practical sense, the fundraising disparity for Democrats means that they will be able to run lots more TV ads than their GOP opponents in the closing weeks of these races.As the Cook Political Report's Senate editor Jessica Taylor wrote this week of the South Carolina race: "As of Tuesday night, Harrison has spent or reserved time through Election Day on TV and digital ads of upwards of $60.3 million — an amount that's sure to grow in the final weeks of the race. ... Graham, meanwhile, has spent or reserved just $20.6 million so far."But the overflowing amounts of money available for Democratic Senate candidates also speak to something even more important when it comes to analyzing the coming election: The party's base is beyond fired up about the prospects not just of beating President Donald Trump, but also of retaking the Senate majority.Remember that donations -- particularly of the small-dollar variety -- are direct indications of support and passion. If you are willing to donate money you earned to a candidate for office, it speaks to a level of involvement and commitment and caring that is the lifeblood of winning campaigns. No candidate ever wins a contested office -- or any office -- without a party base behind him or her that is activated to make it happen.Yes, Democratic candidates also benefit from the fact that ActBlue, a massively effective small-dollar online donor platform, exists. While Republicans have worked to match the success of ActBlue in recent years -- their online fundraising platform is known as WinRed -- the supremacy of ActBlue remains. And even Republican leaders know it."On Thursday, in a conference call with a group of lobbyists, [Senate Majority Leader Mitch] McConnell vented that the party's Senate candidates are being financially overwhelmed because of small-dollar contributions to ActBlue, the online liberal fund-raising hub," Jonathan Martin and Alex Burns wrote in The New York Times on Friday.
News Source: CNN
Warriors Warned to Watch Out for East Rival in Stars Free Agency
Getty Andrew Wiggins and Jordan Poole (right) of the Warriors
In the end, if there is anyone who is likely to be chopped out of the mix of the Warriors’ upcoming contract decisions—and there are many decisions ahead—it could be the young one who gets the axe. It’s not the most pleasant thought for a team, coming off the high of an NBA championship, but it’s the reality the Warriors will soon confront.
It’s difficult to imagine Golden State proceeding through the remaining productive years of Stephen Curry’s career without Klay Thompson and Draymond Green on board, after all, and the postseason performance logged by Andrew Wiggins this spring showed that the team really can’t move n from him, either.
Poole, though, is a guy the Warriors can live without, especially as players like Jonathan Kuminga and Moses Moody develop. And with weighty luxury-tax bills looming as the deadline for an extension for Poole nears (October 18), the hard choice the team must make on whom to keep appears a bit easier—Poole, whose flashes of brilliance are tempered by inconsistency and defensive flaws, is not likely to stick with the Warriors if he wants the contract in the $25 million per year range he seems to warrant.
The Warriors can pass on an extension for Poole if they choose, allowing him to become a restricted free agent next summer. If he gets there, one league executive speculates that we can expect at least one team with cap space to be ready to pounce.
“I’d watch out for the Magic to be ready to make an offer if he’s restricted, knowing there’s a good chance Golden State is not going to match,” one Eastern Conference executive told Heavy Sports.
Jordan Poole working with Steph’s trainer ????????
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— TheWarriorsTalk (@TheWarriorsTalk) August 12, 2022Magic Would Be an Ideal Fit for Poole
The Magic could have almost $60 million in salary-cap space in the summer of 2023, and will be eager, after two years of rebuilding plus next season, to begin a turnaround in the standings. They are very high on the prospects of big man Paolo Banchero, the No. 1 pick in this year’s NBA draft.
“They’re going to establish something with Paolo in the frontcourt, with his passing. But they’re going to need a top-level perimeter scorer, too. If you put Poole with Paolo and Franz Wagner, it’s an exciting young team,” the exec said.
That might prove to be a good opportunity for Poole, who is 23 and just wrapped up his third season. He could find himself squeezed for minutes between Thompson in his final NBA seasons and Moody, who showed promise during the regular season and playoffs if he stays with the Warriors.
Poole averaged 18.5 points last year, shooting 44.8% from the floor and 36.4% from the 3-point line, but saw his minutes dwindle during the championship run because of his defense. He played 32.9 minutes in the first nine games of the postseason, but only 23.8 minutes in the final 13 games.Warriors Can’t Shoulder $400 Million Payout
But Poole might not get an extension, because, under NBA base-year compensation rules, it becomes very difficult to trade him until next year.
The Warriors do have the option, under NBA rules, of paying all the major players they have coming up for new deals. But doing so could push the team’s payroll to around $225 million and put the total outlay over $400 million with the luxury tax.
No one expects that the Warriors, who are projected to have the second-highest payroll in the league this year ($194 million) behind the Clippers ($195 million), will pay that much.
“They bring in a lot of money,” the executive said. “They can do things most other teams can’t as far as keeping their talent in place. But even with that there are some limits. They made a choice with (Gary) Payton. They’re going to go through that again here.”