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☆ Caledonian Braves: How a tiny Scottish soccer club is chasing ‘Wrexham’-sized dreams
▼ + stars: | 2024-04-29 | by ( Issy Ronald | ) edition.cnn.com time to read: +8 min

On any given evening, Ewing receives emails informing him that some fan in a far-flung location – say, Los Angeles – has just invested in his tiny Scottish soccer club, the Caledonian Braves. “A community club, most people would think, is a local community bound by a certain geography,” says Ewing. National Basketball Association/Courtesy Caledonian BravesAgainst this backdrop, fan ownership has emerged as somewhat of a utopian panacea for some fans. As time went by, the academy’s first team started playing in the Scottish soccer leagues and separated to form the Caledonian Braves in 2019. “You can be anyone really from anywhere and you can also own a football club for as little as £10 ($13).”

Persons: Ted Lasso ”, Ryan Reynolds, Rob McElhenney’s, –, Chris Ewing, Ewing, Los Angeles –, ’ ” Ewing, ”, “, Mujtaba Elgoodah, Elgoodah, braving, ” Elgoodah, Alastair Ross, Nassir Criss, Elizabeth Ball, Kristen Hamilton, Hailie Mace, Isaiah Covington, ” Covington, ” Hamilton, that’s, ‘, ’, ” Criss, Mutjaba Elgoodah, Kiera Burns, ” Ball, Tom Brady, Matthew McConaughey Organizations: CNN — Soccer, Welsh soccer, Scottish soccer, Caledonian Braves, CNN Sport, Scottish, Scottish Premier League, NBA, US, Super League, Golden State Warriors, National, Players ’ Association, Braves, Twitter, Kansas City, Boston Celtics, NFL, National Basketball, English Premier League, St Mirren, Motherwell, Rangers, Celtic, –, Edusport Academy Locations: Wrexham, ”, Los Angeles, Scottish, Australia, Motherwell, Glasgow, – Wyoming, Kansas, Scotland, Heart of Midlothian, France

☆ NBA stars are scoring big in the fashion world
▼ + stars: | 2024-04-29 | by ( Nick Remsen | ) edition.cnn.com time to read: +9 min

Basketball players’ style — largely in the men’s league, but increasingly the women’s too — has become a bonafide pillar in fashion media and consumption. Basketball players’ style has more eyes on it than any other sport, the Pulitzer Prize-winning author Mitchell S. Jackson told CNN. “(The league) was the first to embrace it,” Jackson, author of the recently released photobook “Fly: The Big Book of Basketball Fashion,” explained. “Basketball players are so much a part of American culture. Bettman/Getty Images/Courtesy Workman“We talk a lot about current NBA tunnel style, but the league has been America’s most stylish for decades,” Schube continued.

Persons: Tyrese Haliburton, Pepper Robinson, Ron Hoskins, NBAE, — Tyrese Haliburton, —, Pharrell Williams, Birkin, it’s, Shai Gilgeous, Alexander, Russell Westbrook, LeBron James, Josh Giddey, Tyler Herro, “, Marcus Paul, Luka Dončic, ” There’s, Caitlin Clark, Prada, Sam Schube, Thom Browne, AJ Mast, Tyler Ross, Workman, Virgil Abloh, Louis Vuitton, Williams, Kim Kardashian’s, Donovan Clingan, Caleb Love, Hunter Dickinson, Jared McCain, Duke, Robert Dillingham, Paxson Wojcik, Mitchell S, Jackson, ” Jackson, ”, LeBron, Michael Jordan, Jordan, Jackson’s, Peggy Sirota, who’ve, Stephen “ Steph ” Curry, Curry, Steph Curry, Jed Jacobsohn “, ’ ” Curry, ” Curry, “ I’m, Kyle Kuzma, Timothée, Johnson, Andrew D, Bernstein, Walt Frazier, Bettman, ” Schube, “ Allen Iverson, Phil Jackson, Pat Riley, Armani, Walt Fraziers, Wilt Chamberlain’s, Fatih Aktas, ‘, ’ ”, …, they’d, ” Gilgeous, Alexander —, haven’t Organizations: Indiana Pacers, Basketball, Gilgeous, CNN, GQ, Cleveland Cavaliers, New York Times, Los Angeles Lakers, Oklahoma City Thunder, NBA, UConn, UNC, “ Basketball, Golden State Warriors, Fashion Council, Savant, State, GQ Sports, ’, Workman New York Knicks, Royce, Anadolu Agency, Getty, Civil, Nike Locations: Haliburton, Arizona, Kansas, Robert Dillingham ( Kentucky, Chicago , Illinois, Gilgeous

☆ Candace Parker: WNBA great announces retirement after 16 seasons
▼ + stars: | 2024-04-29 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +3 min

CNN —Three-time WNBA champion Candace Parker announced her retirement in a post on social media Sunday. 1 overall pick in the 2008 WNBA draft played 16 seasons in the league with the Los Angeles Sparks, Chicago Sky and the Las Vegas Aces. During her career, Parker was a 10-time All-WNBA honoree and seven-time WNBA All-Star. She led the Sparks to 11 playoff appearances in her 13 seasons with the franchise, culminating in a WNBA championship in 2016. “Although the majority of her career was played in opposing uniforms, we were blessed to have her as part of our championship team a year ago.

Persons: Candace Parker, “, I’d, ” Parker, Parker, Sparks, Parker dribbles, David Becker, NBAE, Candace, I’ve, I’m, ” Organizations: CNN, Los Angeles Sparks, Chicago Sky, Las Vegas Aces, Indiana Fever, Sky, Aces, Tennessee Lady Vols, NCAA, Warner Bros, NBA, TNT, NBA TV Locations: Chicago, Las Vegas

☆ LeBron James scores 30 points as Los Angeles Lakers earn a ‘lifeline’ against Denver Nuggets
▼ + stars: | 2024-04-28 | by ( Aimee Lewis | ) edition.cnn.com time to read: +1 min

CNN —LeBron James scored 30 points as the Los Angeles Lakers avoided a first-round elimination in the Western Conference playoff series against the Denver Nuggets. Four-time NBA champion James rose to the occasion, as did Anthony Davies, who had 25 points and 23 rebounds in the 119-108 win in LA. It was the Lakers’ first victory over the Nuggets since December 2022, ending Denver’s 11-game winning streak in the fixture. “We’ve given ourselves another lifeline, and it’s a one-game series for us,” James told reporters. Game 5 will be held in Denver Monday and the defending champion, leading the best-of-seven series 3-1, could secure the series on home soil.

Persons: LeBron James, James, Anthony Davies, “, ” James, you’re, Nikola Jokić Organizations: CNN, Los Angeles Lakers, Western Conference, Denver Nuggets, Lakers, Nuggets, Boston Celtics, Miami Heat, Oklahoma City Thunder, New Orleans Pelicans, Orlando Magic, Cleveland Cavaliers Locations: LA, Denver

Learn moreThe fourth game of the Lakers vs. Nuggets NBA Playoffs Round 1 match-up is here, and this game will determine whether the Lakers go home for the season. If you're hoping to learn where to watch Lakers vs. Nuggets without cable, then you're in luck. Where to watch Lakers vs. Nuggets in the USLakers vs. Nuggets Game 4 will air on Saturday at 8:30 p.m. For cord-cutters, this means checking out a live TV streaming alternative like Sling TV or Hulu + Live TV. Hulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus.

Persons: We've, Nikola Jokić, they'll, Hulu's, ExpressVPN Organizations: Business, Lakers, Nuggets, Denver Nuggets, Los Angeles Lakers, Western Conference, The Lakers, US Lakers, ABC, Hulu, ESPN, Disney Plus Locations: New York, Los Angeles, Chicago

Whispering in the ears of the billionaires and celebrities doing the buying, however, are investment bankers. Like other sports bankers BI interviewed for our list of top sports bankers, he exemplified a good-humored, approachable attitude, including joking about his many sports allegiances. Related stories"Earlier in my career, I made the mistake of telling Bob Kraft that I was a New York Jets fan," Carey told BI recently. They're obsessive Jets fans, and they're just fans because I'm a Jets fan," Neville told BI. So that's why we'll be Jets fans forever."

Persons: it's, Goldman Sachs, Greg Carey, everyone's, Carey, Colin Neville's, he's, David Beckham, Steve Ballmer, Joe Tsai, Ballmer, Tsai, Neville, Andrew Kline, Kline, Bob Kraft, I'm, Robert Tilliss, There's, Abramovich, Vladimir Putin, Todd Boehly, Joe Lenehan, Michael Arougheti, David Rubenstein's, doesn't, there's Organizations: NBA, JPMorgan, Business, The, PJT Partners, Chelsea FC, Baltimore Orioles, Sports, Goldman, Endeavor, WWE, Microsoft, Beckham's, Los Angeles Clippers, Brooklyn Nets, Barclays Center, St, Louis Rams, Los Angeles Rams, Golden State Warriors, Miami Heat, Harvard, US Rugby National, Cal, New York Jets, BI, Patriots, Giants, Rays, Chelsea, Circle, Atlanta Hawks NBA, New York Mets, NFL, soccer's Premier League, Russian, Chelsea football, LA Dodgers, Yankees, Manchester United Games, Jets, we'll Locations: European, Los Angeles, Berkeley, Barcelona, Ukraine, New York

☆ Jefferies CEO sold $65 million in stock to buy a yacht from a client
▼ + stars: | 2024-04-25 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +2 min

Jefferies CEO Rich Handler sold $65 million in company stock to buy a luxury yacht. AdvertisementJefferies CEO Rich Handler sold $65 million of his stock in the company to buy himself a gift — a luxury yacht. Handler sold 1.5 million shares, or 7% of his holdings, to purchase a "personal boat and to pay tax obligations," the investment bank said in a Wednesday statement. He has previously sold shares only for tax purposes and charity, the bank said. Investors often view executives' stock sales as a signal about lack of company confidence, so any sales are carefully messaged.

Persons: Rich Handler, Jefferies, Tilman Fertitta, Handler, — Organizations: Jefferies, Service, Financial Times, Houston Rockets, NBA, Lancadia Holdings Locations: Westport

☆ Angel Reese ‘super excited’ for ‘direction’ of WNBA and details ‘inspirational’ mentor Shaquille O’Neal
▼ + stars: | 2024-04-25 | by ( Ben Morse | ) edition.cnn.com time to read: +4 min

CNN —Angel Reese said she is “super excited” by the “really great direction” that the WNBA is heading in, after being drafted into the league by the Chicago Sky earlier this month. 7 pick in the 2024 WNBA draft, pairing her up with former South Carolina star Kamilla Cardoso – who had been picked No. In her introductory press conference with Chicago on Wednesday, the 21-year-old spoke about what she’s gleaned already from her fellow professionals. “They understand and they know our impact and they embrace that and we’re all just trying to go in the right direction, and I think we’re going up right now. In Reese and Cardoso, the Sky have a potentially game-changing frontcourt and the former LSU star is excited with what’s to come in the Windy City.

Persons: Angel Reese, Reese, Kamilla Cardoso –, “, ” Reese, Caitlin Clark, she’s, Brad Penner, Shaquille O’Neal, O’Neal, Shaq, Reese “, ”, “ He’s, Cardoso, “ I’ve, I’ve Organizations: CNN, Chicago Sky, Sky, South, Chicago, WNBA, LSU, SEC, LSU Tiger, Reuters, Tigers, NBA, Las Vegas Aces Locations: South Carolina, Chicago, Windy City

☆ Nikola Jokić: NBA and Denver Police ‘looking into’ reported incident involving brother of two-time MVP
▼ + stars: | 2024-04-24 | by ( David Close | ) edition.cnn.com time to read: +1 min

CNN —A spokesperson says the NBA is “looking into” an apparent incident involving Denver Nuggets superstar Nikola Jokić’s brother, Strahinja Jokić, which happened after the Nuggets won their home game against the Los Angeles Lakers on Monday night. A video posted on social media overnight Tuesday appears to show Strahinja Jokić wearing his brother’s No. The Denver Police Department (DPD) says it’s aware of the video and is looking into what happened, noting that the incident at Ball Arena wasn’t reported to police. Strahinja Jokić (middle) watches a Denver Nuggets game against the Indiana Pacers on January 14, 2024. The Nuggets took a 2-0 series lead after Denver’s Jamal Murray hit a game-winning, buzzer-beater to cap a dramatic 101-99 comeback win.

Persons: Nikola Jokić’s, Strahinja, Ron Chenoy, Reuters DPD, Nikola Jokić, Denver’s Jamal Murray Organizations: CNN, Denver Nuggets, Nuggets, Los Angeles Lakers, Denver Police Department, Indiana Pacers, Reuters, Lakers, Ball

☆ NBA Playoffs: Luka Dončić leads Dallas Mavericks to road victory over Los Angeles Clippers to tie series
▼ + stars: | 2024-04-24 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

It was ’90s basketball at its best.”The Mavericks were led by 32 points from Luka Dončić, who added yet another playoff win against the Clippers to his résumé, along with six rebounds and nine assists. The Clippers closed the gap again, but Dončić hit a clutch, step-back three-pointer over James Harden with 1:26 left in the game to extend Dallas’ lead to 90-81. The heat of the moment caused Dončić to turn to the Clippers crowd and roar in triumph. Keith Birmingham/MediaNews Group/Pasadena Star-News/Getty Images“Just staying poised and understanding that mistakes are going to happen, and it’s a playoff game,” he told the Mavs broadcast. Pacers level series against Bucks, Timberwolves extend lead over the SunsElsewhere, the Indiana Pacers leveled their first-round playoff series against the Milwaukee Bucks with an impressive 125-108 Game 2 road victory.

Persons: Jason Kidd, “, ” Kidd, Luka Dončić, –, Irving, Dončić, James Harden, ” Dončić, ” Irving, Kyrie Irving, Keith Birmingham, ”, “ It’s, we’ve, Harden, Paul George, Kawhi Leonard, ” Leonard, Pascal Siakam, Giannis Antetokounmpo, Damian Lillard, Jaden McDaniels, McDaniels –, Anthony Edwards, Devin Booker, Kevin Durant Organizations: CNN, The Dallas Mavericks, Los Angeles Clippers, Dallas, Mavericks, Luka, Clippers, MediaNews, Pasadena Star, Teams, ESPN, “, Pacers, Bucks, Timberwolves, Suns, Indiana Pacers, Milwaukee Bucks, Minnesota Timberwolves, Phoenix Suns Locations: Dallas

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Since then, private-equity firms have poured $54.6 billion into sports, according to PitchBook data. And the field of potential investors is growing with Goldman Sachs helping rich clients invest in teams, which can drive up prices. AdvertisementLeagues also restrict PE investments, with some caps on the number of teams a firm can own stakes in or the ownership share a fund can hold. Scroll down to read about the private equity firms, listed alphabetically, that have been making the biggest moves in sports in recent years.

Persons: —, Josh Harris, Rob Walton, Carlyle, Ben, Blackstone, Goldman Sachs, Harris, Blackstone Group's David Blitzer, Lauren Leichtman, Arthur Levine, Sportico, RedBird, Gerry Cardinale, There's Organizations: Service, MLB, NBA, Business, Washington, Denver Broncos, Amazon, Sports, Ben Fund, Bluestone Equity Partners, GMF, Apollo Global Management, Blackstone Group's, Levine, Capital Partners, San Diego Wave, NFL Locations: downturns

☆ Caitlin Clark will reportedly sign a sneaker deal with Nike
▼ + stars: | 2024-04-22 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

New York CNN —Caitlin Clark is reportedly set to wear her own signature Nike sneaker in the WNBA. Now she’s set to sign an eight-year deal worth up to $28 million with Nike, according to the Wall Street Journal. The Athletic has reported that Clark’s deal includes a signature Nike shoe. CNN has not independently confirmed a deal between Clark and Nike. Nearly all major stars in the NBA have sneaker deals, including James, Kevin Durant and Luka Doncic with Nike and Stephen Curry with Under Armour.

Persons: Caitlin Clark, Clark, LeBron James, Serena Williams, Derek Jeter, James, Kevin Durant, Luka Doncic, Stephen Curry, Brian Nagel, Sabrina Ionescu, ” Brian Nagel Organizations: New, New York CNN, Nike, WNBA, Wall Street, CNN, State Farm, Gatorade, Panini, NBA, Oppenheimer, New York Liberty Locations: New York

☆ Nikola Jokić arrives dressed as ‘Despicable Me’ character and inspires Denver Nuggets to playoff win over Los Angeles Lakers
▼ + stars: | 2024-04-21 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —Nikola Jokić came dressed to steal the moon on Saturday, and helped the Denver Nuggets steal a march on the Los Angeles Lakers in Game 1 of their first-round NBA playoff series. On the court, meanwhile, Jokić posted a near triple-double with 32 points, 12 rebounds and seven assists to inspire the Nuggets to a 114-103 win over the Lakers and take a 1-0 lead in the playoff series. Jamal Murray added 22 points, six rebounds and 10 assists for the Nuggets. Elsewhere in the Western Conference on Saturday, the Minnesota Timberwolves defeated the Phoenix Suns 120-95 in Game 1 of their playoff series. Meanwhile in the East, the Cleveland Cavaliers downed the Orlando Magic 97-83 and the New York Knicks defeated the Philadelphia 76ers 111-104.

Persons: Nikola Jokić, Jokić, LeBron James, “ We’re, Michael Malone, “, you’re, ” Anthony Davis, James, Jamal Murray Organizations: CNN, Denver Nuggets, Los Angeles Lakers, Ball, Nuggets, Lakers, ”, Western Conference, Minnesota Timberwolves, Phoenix Suns, Cleveland Cavaliers, Orlando Magic, New York Knicks, Philadelphia 76ers Locations: Serbian, ” Denver

Learn moreThe 2024 NBA Playoffs tip-off on April 20 and, as usual, the games will air across several networks. We've put together everything you need to know about tuning in to the tournament, including how to watch the NBA playoffs live streams. If you're not sure how to tune in to the NBA Playoffs without cable, don't worry. ET on ABCHow to watch NBA Playoffs in the USNBA Playoffs games will be spread across ESPN, TNT, ABC, and NBA TV. Sign up for one of the live TV streaming packages with a US form of payment.

Persons: We've, You'll, Max, you'll, Hulu's, HBO Max, it's, VPNs, ExpressVPN Organizations: Business, NBA, Boston Celtics, Eastern Conference, Denver Nuggets, Oklahoma City Thunder, Western Conference, Celtics, Hulu, Orlando, Cleveland Cavaliers, ESPN Phoenix Suns, . Minnesota Timberwolves, ESPN Philadelphia 76ers, . New York Knicks, ESPN Los Angeles Lakers, ABC, US NBA, ESPN, TNT, Sling, Blue, Disney Plus, HBO, Warner Bros Locations: ExpressVPN, New York, Los Angeles, Chicago, Hulu

☆ Bayer Leverkusen: Record 44-game unbeaten run brings to an end 31 years of hurt and ridicule
▼ + stars: | 2024-04-19 | by ( Ben Morse | ) edition.cnn.com time to read: +6 min

However, if you were a fan of German soccer club Bayer Leverkusen, little changed for you over those 31 years – there was just a lot of disappointment. Since winning the German Cup in 1993, Leverkusen relentlessly explored increasingly agonizing ways of spurning chances to win trophies. The current season has already reaped rewards in the form of the Bundesliga title, with potential domestic and European competition success transforming this into a season for the ages. Everybody was on the pitch this evening, everybody was crying.”After years being the butt of the joke, Leverkusen fans could finally spin the narrative. Leverkusen fans celebrated en masse on the pitch after winning the German league title.

Persons: ’, David Letterman ’, Xabi, Alonso, Mike Hewitt, ”, Schwarzroten, ‘ You’ll, Olaf Schmidt –, –, midfifelder, Jeremie Frimpong, Xabi Alonso, Lars Baron, Florian Wirtz’s wizardry, Deutscher Meister ’, ” Schmidt, ‘, Schmidt, Andreas Rentz, ” Uwe Schewiola Organizations: CNN, Chicago Bulls, NBA, The Bulls, Bayer Leverkusen, Basque, Bundesliga, Europa League, West Ham United, Getty, Real Madrid, ’, Olaf Schmidt – Leverkusen, CNN Sport, Bayern, Spain, Leverkusen, Bayern Munich, Bayer, Werder Bremen, Black, Reds, FC Kaiserslautern Locations: German, Europe, Real, London, Liverpool, Bayern Munich, Real Madrid, Germany, England, Spain, Italy, Tolosa, West Ham

Learn moreThe final day of the 2024 NBA Play-in Tournament is here, and the Miami Heat and Chicago Bulls are scheduled to compete for a coveted spot in the Playoffs. We've compiled everything you need to know about tuning in to tonight's game, including where to watch the Miami Heat vs. Chicago Bulls live without cable. Where to watch Miami Heat vs. Chicago Bulls in the USThe Miami Heat vs. Chicago Bulls game will air at 7 p.m. For those without cable, it's time to check out a live TV package like Sling TV and Hulu + Live TV. Hulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus.

Persons: We've, Hulu's, They're, ExpressVPN Organizations: Business, Miami Heat, Chicago Bulls, NBA, Miami, Eastern Conference, Boston Celtics, Chicago, ESPN, Hulu, Sling, Disney Plus Locations: Chicago

☆ NBA's exclusive TV rights negotiating window with ESPN, Warner expected to pass without a deal
▼ + stars: | 2024-04-18 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Los Angeles Lakers forward LeBron James, #23, during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers at Crypto.com Arena in Los Angeles on Jan. 7, 2024. The National Basketball Association's exclusive media rights negotiating window with current partners Disney and Warner Bros. While no agreement is expected to be announced by the deadline, Disney and Warner Bros. Warner Bros. Discovery's TBS began airing NBA games in 1984, and TNT has shown NBA games since 1988.

Persons: LeBron James Organizations: Los Angeles Lakers, NBA, Los Angeles Clippers, Crypto.com Arena, Disney, Warner Bros, Apple, YouTube, Comcast, Netflix, CNBC, Discovery, TBS, TNT, ESPN, ABC, Fox Locations: Los Angeles

☆ Here's how Caitlin Clark's $338,000 WNBA contract compares to No. 1 picks from the NFL, NBA and MLB
▼ + stars: | 2024-04-18 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

1 overall selection by the Indiana Fever in this week's WNBA draft, Clark's salary her first season will be just over $76,000. Clark's pay will escalate over the course of her four-year rookie contract, leaving her with total earnings of $338,056. The WNBA has grown in popularity in recent years, but it still trails behind the NBA, NFL, MLB and NHL. The highest paid WNBA player is Las Vegas Aces star Jackie Young, who will earn just over $250,000 this season. Here's how Clark's rookie deal stacks up against the most recent top picks from America's big four sports leagues.

Persons: Caitlin Clark, she'll, Jackie Young, Steph Curry, Cathy Engelbert, we're Organizations: WNBA, Indiana, Gatorade, Nike, NBA, NFL, MLB, NHL, Las Vegas Aces, Golden State Warriors, CNBC Locations: State

☆ Caitlin Clark salary criticism a 'false narrative,' says WNBA commissioner Cathy Engelbert
▼ + stars: | 2024-04-18 | by ( Ian Thomas | ) www.cnbc.com time to read: +3 min

But right now we're seeing that even if you're the best, women are not paid their fair share." However, WNBA Commissioner Cathy Engelbert, speaking at CNBC's inaugural Changemakers Summit on Thursday in New York City, said there's a "false narrative" around Clark's expected salary, likening it to the way that executive salaries are displayed for public companies. Cathy Engelbert, Commissioner of the Women's National Basketball Association (WNBA) speaking at the CNBC Changemakers Event in New York on April 18th, 2024. The NBA has around $13 billion in revenue while the WNBA is roughly around $200 million. Caitlin Clark poses with WNBA Commissioner Cathy Engelbert after being selected first overall pick by the Indiana Fever during the 2024 WNBA Draft.

Persons: Caitlin Clark, Joe Biden, Clark, Victor Wembanyama —, —, Cathy Engelbert, there's, Engelbert, Danielle DeVries, Caitlin, she's, we're, Sarah Stier Organizations: Indiana Fever, House, San Antonio Spurs, NBA, Summit, Deloitte, National Basketball Association, CNBC, Nike, Gatorade, State, WNBA, Athletic, Getty Locations: New York City, New York, U.S, Iowa

☆ Netflix earnings are about to hit the Street. Here’s what traders need to know
▼ + stars: | 2024-04-18 | by ( Samantha Subin | ) www.cnbc.com time to read: +7 min

Wall Street anticipates a largely rosy setup for the stock, with many forecasting that the company beats, or reports in line with expectations. The anticipation contributed to some Wall Street firms lifting their price targets heading into the print. Under the paid sharing plan , Netflix account owners can buy an extra member slot and invite people outside their household to use the service. "After 1Q24, Netflix begins to lap the paid sharing benefits - most significantly in 2H24," wrote Morgan Stanley's Swinburne. Reason for caution Despite Netflix's strong run this year and the benefits reaped through paid sharing, some Wall Street analysts see reasons for caution.

Persons: —, Morgan Stanley, Benjamin Swinburne, Doug Anmuth, Morgan Stanley's Swinburne, Piper Sandler, Wall, Anmuth, Goldman Sachs, Eric Sheridan, Bryan Kraft, Kannan Venkateshwar, Deutsche Bank's Kraft, Piper Sandler's Matt Farrell, MoffettNathanson's Michael Nathanson, Street's, Farrell, Citi's Jason Bazinet Organizations: Netflix, LSEG, Deutsche Bank, Barclays, Street, Kraft, Deutsche, WWE, NBA, Netflix's WWE Locations: 2H24

☆ Hazards of sports gambling: NBA bans Jontay Porter for life
▼ + stars: | 2024-04-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHazards of sports gambling: NBA bans Jontay Porter for lifePatrick Rishe, Washington University in St. Louis director of sports business program and Sportsimpacts founder and president, joins 'Squawk Box' to discuss news of NBA banning Toronto Raptors Jontay Porter from the league for life, the hazards of gambling to sports leagues, and more.

Persons: Jontay Porter, Patrick Rishe, Louis, Toronto Raptors Jontay Porter Organizations: Washington University, NBA, Toronto Raptors Locations: St

☆ Led by stars like Taylor Swift and Caitlin Clark, women keep breaking boundaries (and records) in entertainment
▼ + stars: | 2024-04-18 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

The highest-grossing film in recent memory is Greta Gerwig’s “Barbie.” And the most-watched basketball star is Caitlin Clark. Beyoncé’s first country album, “Cowboy Carter,” topped Billboard’s charts with nearly half a million copies sold in its debut week. Meanwhile, Swift is set to release her highly anticipated album, “The Tortured Poets Department,” on Friday. The impact of a once-in-a-generation star like Swift will surely inspire interest in other female-led performers, spawning even greater appetite and opportunities. Compare that to the NBA’s top pick Victor Wembanyama, who signed a $55 million contract with the San Antonio Spurs.

Persons: New York CNN —, Taylor Swift, Greta Gerwig’s “ Barbie, Caitlin Clark, Swift, Beyoncé’s, Cowboy Carter, ”, Tom Poleman, CNN’s Alli Rosenbloom, ” “ It’s, ” Poleman, Clark, Barbie ”, Gerwig, didn’t, Victor Wembanyama, “, Hoda Kotb, Caitlin Organizations: New York CNN, Poets Department, Clark’s Hawkeyes, South Carolina Gamecocks, NBA, WNBA, Street Journal, NCAA, Academy of Motion Picture Arts and Sciences, Warner Bros . Pictures, CNN, Indiana Fever, San Antonio Spurs Locations: New York, America

☆ Jontay Porter banned from NBA for gambling on games, giving info to bettors, limiting play for betting purposes
▼ + stars: | 2024-04-17 | by ( David K. Li | ) www.cnbc.com time to read: 1 min

Jontay Porter #34 of the Toronto Raptors warms up before the game against the Portland Trail Blazers at the Moda Center on March 09, 2024 in Portland, Oregon. The NBA banned Toronto Raptors forward Jontay Porter for allegedly betting on games, passing on information to gamblers and claiming illness to influence a wager, the league said on Wednesday. The 24-year-old played in 26 games this season, averaging 4.4 points and 3.2 rebounds per contest. This is a developing story. Please check back for updates.

Persons: Jontay Porter, Adam Silver Organizations: Toronto Raptors, Portland Trail Blazers, Moda Center, NBA Locations: Portland , Oregon

☆ What the conversation about Caitlin Clark’s pay gets wrong
▼ + stars: | 2024-04-17 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

The WNBA’s stars aren’t asking to be paid an equal dollar amount to NBA players, however. WNBA players have made progress on salaries since 2020, when they reached their latest collective bargaining agreement with the league. Sharing the revenue pieBecause it’s a smaller and younger league, women’s players have had less bargaining power with team owners over their pay than men. While NBA players receive 50% of total NBA revenue, the WNBA must hit a certain revenue threshold annually before any revenue sharing agreements kick in. This has held back women’s salaries.

Persons: Caitlin Clark, Clark, Angel Reese, ” Terri Jackson, David Berri, Kelsey Plum, Griner, Jackson, ” Jackson, “ It’s, ”, Alicia Jessop, “ That’s, ” David Berri, David Stern, “, Berri, Cathy Engelbert, ” Breanna Stewart Organizations: New, New York CNN, NBA, National Basketball Association, Women’s National Basketball Association, University of Iowa, Louisiana, NCAA, WNBA, ’ Association, CNN, Southern Utah University, Las Vegas Aces, —, Phoenix Mercury, ’, Pepperdine University, longtime, New York Liberty Locations: New York, men’s, Russia

☆ NBA bans Raptors player for life after he leaked info to bettors
▼ + stars: | 2024-04-17 | by ( Lauren Steussy | Geoff Weiss | ) www.businessinsider.com time to read: +3 min

Toronto Raptors player Jontay Porter has been banned for life from the NBA for gambling violations. The NBA said Porter leaked health information to a known sports bettor, among other violations. The NBA said in a statement that it opened an investigation into Raptors forward Jontay Porter after a game last month that attracted heavy interest from sports bettors. Related storiesSeparately, the NBA said that between January and March of this year, Porter bet on at least 13 games totaling $54,094 by using an associate's online betting account. Advertisement"Three of the bets were multi-game parlay bets that included one Raptors game," the NBA said, "in which Porter bet that the Raptors would lose."

Persons: Jontay Porter, Porter, —, Porter didn't, Adam Silver, Shohei Ohtani Organizations: Toronto Raptors, NBA, Service, Raptors, American Gaming Association, Dodgers

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