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Two-time NBA champion Bill Walton dead at 71
  + stars: | 2024-05-27 | by ( Corky Siemaszko | ) www.cnbc.com   time to read: +1 min
LOS ANGELES, CALIFORNIA - APRIL 20: Bill Walton attends a basketball game between the Los Angeles Clippers and the Phoenix Suns at Crypto.com Arena on April 20, 2023 in Los Angeles, California. (Photo by Allen Berezovsky/Getty Images)Two-time NBA champion Bill Walton died after a "prolonged battle with cancer," the league announced Monday. Walton, who was 71, was with his family when he passed, NBA spokesperson Mark Broussard said in a statement. "Bill Walton was truly one of a kind," NBA Commissioner Adam Silver said in a statement. Walton is survived by his wife, Lori, and his sons Adam, Luke, Nate and Chris, according to the NBA.
Persons: Bill Walton, Allen Berezovsky, Walton, Mark Broussard, Adam Silver, Silver, Lori, Adam, Luke, Nate, Chris Organizations: Los Angeles Clippers, Phoenix Suns, Crypto.com Arena, NBA, Fame, Portland Trail Blazers, Boston Celtics Locations: ANGELES , CALIFORNIA, Los Angeles , California
A few weeks ago, as I watched the Golden State Warriors submit to a humiliating defeat by the Sacramento Kings, my main feeling was not frustration, anger or embarrassment. The Warriors’ three core players — Stephen Curry, Klay Thompson and Draymond Green — have been together since 2012. Curry blossomed into one of the greatest players of all time; Green, one of the best defenders; Thompson, one of the best shooters. Rooting for basketball players means constantly being aware that they are aging. And now that the oldest players are my age, it means constantly being aware that I am aging, too.
Persons: — Stephen Curry, Klay Thompson, Curry, Thompson, they’ve Organizations: Golden State Warriors, Sacramento, Warriors, San Antonio Spurs Locations: Sacramento Kings
Reebok Isn’t a ‘Hobby’ for Shaquille O’Neal
  + stars: | 2024-05-26 | by ( Scott Cacciola | ) www.nytimes.com   time to read: +1 min
Mr. Krinsky told his audience that Shaquille O’Neal, the new president of Reebok’s soon-to-be-resuscitated basketball division, had been hoping to attend. But in lieu of being there in person, Mr. O’Neal had sent along a prerecorded video message. But as soon as the video ended, Mr. O’Neal appeared in person — surprise! He greeted the crowd and soon joined Mr. Krinsky for a Q. and A. that the chief executive figured would be light and breezy. But Mr. O’Neal, as he often does, had other plans.
Persons: Todd Krinsky, Krinsky, Shaquille O’Neal, Reebok’s, O’Neal Organizations: Reebok, Artists, Humanity Locations: Boston, Atlanta
: That college sports association just agreed to a $2.8 billion class-action settlement that, if approved by a judge in California, would pay student athletes after a century of deeming them amateurs. and its member institutions allowing athletes to make money from sports programs that have made millions for their schools. Starting in the fall of 2025, schools could have about $20 million a year to pay their student athletes. payments, giving student athletes a big stream of revenue. And in March, the Dartmouth men’s basketball team voted to unionize, adding potentially more pressure on universities to pay athletes.
Persons: It’s Organizations: Dartmouth men’s Locations: California, Southeastern, Atlantic Coast ,
General signage before practice for the first round of the 2024 NCAA Tournament at PPG Paints Arena. Charles LeClaire-USA TODAY SportsA major change could be coming for college athletes — they may soon start getting paid. Other casesThe settlement is expected to cover two other antitrust cases facing the NCAA and major conferences that challenge athlete compensation rules. Hubbard v. the NCAA and Carter v. the NCAA are also in front of judges in the Northern District of California. College sports have been trending in this direction for years, with athletes receiving more and more monetary benefits and rights they say were long overdue.
Persons: Charles LeClaire, , Charlie Baker, Steve Berman, Grant, Michael McCann, McCann, Logan Riely, Hubbard, Carter, Fontenot, they're, George Zelcs Organizations: PPG Paints, NCAA, ACC, SEC, Former Arizona State, Grant House, Sedona Prince, TCU, NBC, Washington Huskies, Michigan Wolverines, College Football Playoff, Notre Dame, Big, Atlantic Coast, Washington, Oregon State, Northern District of, College Locations: Oregon, amateurism, Houston, Southeastern, Washington State, Northern District, Northern District of California, Colorado, Fontenot
Royce White, a Black former pro basketball player who led protests in Minneapolis after the murder of George Floyd, made his first appearance on “The Alex Jones Show” about two years ago. Jones, a purveyor of conspiracy theories about everything from 9/11 to the murder of children at Sandy Hook Elementary School, was thrilled by their conversation. “You’re awesome, you’re dead-on, and we’re going to learn a lot from you,” he enthused. to accommodate his generalized anxiety disorder, a public stand that won him journalistic admiration even as his athletic career faltered. “Royce White Towers Above the Minneapolis Protests, and Thousands Are Looking Up to Him,” said a Washington Post headline.
Persons: Royce White, George Floyd, Alex Jones, , Jones, White, Dave Zirin, Billie Jean King, Muhammad Ali, “ Royce, Donald Trump, ” White, Louis Farrakhan, Robert Malone ” —, Steve Bannon, Bannon, Trump’s, delighting, it’s, Tulsi Gabbard Organizations: Sandy Hook Elementary, Minneapolis Protests, Washington Post, CNN, Democratic, Trump Locations: Minneapolis, Israel
Learn moreTonight's Indiana Fever vs. Los Angeles Sparks game will see a can't-miss rookie-on-rookie match-up. Below, we'll show you everything you need to know about where to watch the Indiana Fever vs. Los Angeles Sparks game, whether you have cable or are seeking a live streaming alternative. Indiana Fever's Caitlin Clark will face off with Los Angeles Sparks' Cameron Brink, with both rookies fresh off their standout college basketball careers. With five games under their belt, the Indiana Fever has been having a slow season so far with no wins. ET / 7 p.m. PT on IONHow to watch Indiana Fever vs. Los Angeles Sparks in the USThe Indiana Fever vs. Los Angeles Sparks game will air on Friday at 10 p.m.
Persons: Los Angeles, Indiana Fever's Caitlin Clark, Angeles Sparks, Cameron Brink, Clark, Brink, Rickea Jackson, Sparks, ExpressVPN Organizations: Business, Indiana Fever, Los, Los Angeles Sparks, Angeles, Sparks, ION, Indiana, WNBA Locations: ExpressVPN
Opinion | Pay Caitlin Clark What She’s Worth
  + stars: | 2024-05-23 | by ( Joshua Mendelsohn | ) www.nytimes.com   time to read: +2 min
In 1969, the National Basketball Association was a relatively young professional basketball league fighting to establish itself. But the league was facing economic problems, and it was unclear how successful it would be monetizing the game’s appeal to young people. Desperate for credibility (and fighting off a rival league also seeking to establish itself), the N.B.A. Today, the Women’s National Basketball Association, established about 50 years after the N.B.A., finds itself at a similar crossroads. has decided that Clark will be paid a salary of $76,535 in her first year.
Persons: Lew Alcindor, Alcindor, Kareem Abdul, Jabbar, Caitlin Clark, Clark Organizations: National Basketball Association, University of California, Milwaukee Bucks, Indiana Fever Locations: Los Angeles, Milwaukee
CNN —College athletes could soon get dramatically different paychecks. The lawsuitThe House v. NCAA lawsuit was filed by Grant House and Sedona Prince, two college athletes, against the NCAA and the Power 5 conferences – the Pac-12, Big Ten, Big 12, Southeastern and Atlantic Coast – in US District Court Northern District of California Oakland Division in 2020. But college athletes in the House lawsuit say current NIL rules and an “anticompetitive” college system hurt their chances to make money. The possible settlement comes against a backdrop of attitudes toward college athletes receiving payments gradually changing. Earlier this year, members of the Dartmouth College men’s basketball team became the first college athletes to vote to join a union, a significant milestone in the rapidly changing business for collegiate sports.
Persons: Grant, Caitlin Clark, Caleb Williams, NILs, Michael Reaves, , Chris Jones, ” Jeffrey Kessler, Kessler Organizations: CNN — College, National Collegiate Athletics Association, NCAA, Grant House, Sedona Prince, Big, of California Oakland Division, College, Football, Division, Department of Education, Supreme, Iowa, USC, Westmont, FMC, CNN, National Association of Collegiate, Athletics, Baylor Lady Bears, USA, Sports, Reuters, Yahoo Sports, Athletic, ESPN, ACC, Dartmouth College men’s Locations: Southeastern, Atlantic, California, U.S, United States
Warner Bros. It's the latest turn in what's been a relatively messy renegotiation for Warner Bros. Warner Bros. Warner Bros. Spokespeople for the NBA, Warner Bros.
Persons: Jalen, what's, Warner's Turner, David Zaslav, hasn't, NBCUniversal Organizations: Jalen Brunson, New York Knicks, Indiana Pacers, Warner Bros, National Basketball Association, Disney, Warner's Turner Sports, NBA, Discovery, , Warner Bros ., Amazon Locations: Madison, New York City , New York
Since its founding, the N.C.A.A. has operated with a business model that defined the college athlete as an amateur. But the N.C.A.A.’s $2.8 billion settlement on Thursday night in a class-action antitrust lawsuit represents the heaviest blow — and perhaps a decisive one — to that system. If approved by a U.S. district judge in California, the settlement would allow for the creation of the first revenue-sharing plan for college athletics, a landmark shift in which schools would directly pay their athletes for playing. This sea change, though, also carries its own questions, according to critics.
Organizations: U.S Locations: California
Read previewCollege basketball player and content creator Connor Printz scored over 100 NIL deals — short for name, image, and likeness — while playing at Claremont McKenna College. From that moment on, Printz was on the hunt for more NIL deals and used several tactics to gain more brand sponsorships. He said he's secured more than 100 NIL deals to date. He said the staff were "shocked" when he disclosed to Claremont McKenna in January 2023 that he'd had over 50 NIL deals. AdvertisementThe email and DM template Printz used to land over 100 NIL dealsPrintz uses a similar outreach template when he contacts brands over email or DM.
Persons: , Connor Printz, Printz, he's, Claremont McKenna, he'd, didn't, Connor Printz @iamconnorprintz Organizations: Service, Claremont McKenna College, CVS, Reebok, Business, Claremont, Clif Locations: Opendorse, Los Angeles
In 2017, fewer than half of the largest U.S. cities offered formalized pickleball courts. "We have found New York City parks to really understand the popularity of pickleball and also the need for more courts," said Cannon. We're excited to meet the increasing demand and bring Pickleball Kingdom's premier indoor pickleball to the masses," said Ace Rodrigues, founder and CEO of Pickleball Kingdom. Pickleball courts are also popping up at gyms throughout the country. Life Time, an "athletic country club," currently boasts almost 700 pickleball courts across its 170 U.S. locations.
Persons: Wang Fan, Will Klein, Klein, pickleball, Erica Desai, Mary Cannon, Pickle, Cannon, Desai, Pickleball, Rodrigues, Andre Agassi, Bahram Akradi, Ben Johns, Collin Johns, Anna Bright, Tyson McGuffin, Mike Stobe Organizations: Central Park, China News Service, Getty, Trust, Public, Pickle, Long, PENN, Garden Locations: Central, New York City, pickleball, Louisville , Kentucky, Madison , Wisconsin, Honolulu, Manhattan , Brooklyn, Long Island City, Kingdom, Pickleball, United States, Pickleball Kingdom, U.S, Annapolis , Maryland, Madison
CNN —The Indiana Fever’s winless start to the season continued on Monday with a narrow 88-84 loss to the Connecticut Sun, but it was an ankle injury suffered by No. 1 overall pick Caitlin Clark that will likely have left the team most concerned. “I turned it pretty good,” Clark told reporters after the game. “I think it just got caught, I don’t think I stepped on anybody. Clark returned to the game and finished with 17 points.
Persons: Caitlin Clark, Clark, , – Clark, , ” Clark, you’ve, you’re, Michael Conroy, “ It’s, Alyssa Thomas Organizations: CNN, Indiana, Connecticut Sun, Fever, Aliyah Boston, Seattle Storm Locations: Connecticut, ” Connecticut
One hundred seventy-five cookie jars that belonged to Andy Warhol. The bat that Babe Ruth carried in his last appearance at Yankee Stadium. A piano plinked by Dooley Wilson, as Sam, in “Casablanca.” The Duchess of Windsor’s jewelry. David N. Redden, an innovative auctioneer and a dapper presence at the podium, sold them all in a 42-year career at Sotheby’s. His wife, Jeannette Redden, said the cause was complications of amyotrophic lateral sclerosis, or A.L.S., which he had for nine years.
Persons: Andy Warhol, Babe Ruth, Dooley Wilson, Sam, David N, Redden, James Naismith’s, , Jeannette Redden Organizations: Yankee, Sotheby’s, Magna Carta, brac Locations: “ Casablanca, , Independence, Cornwall, Hudson, N.Y
New York CNN —Breakout basketball star Caitlin Clark has a new achievement that hasn’t been accomplished since Michael Jordan. The WNBA player signed a multiyear deal with Wilson Sporting Goods Co., the league’s official basketball supplier, for “signature basketball collections celebrating Clark’s continued legacy,” the company announced Tuesday. In addition, she will “creatively direct her first-ever signature basketball line” that will roll out later this year. Wilson, which has produced the basketballs for the NBA for several decades, became the official game ball of the WNBA in 2020. Nike is also reportedly on the verge of signing Clark to design her shoe line, but no official deal has been formally announced.
Persons: Caitlin Clark, hasn’t, Michael Jordan, Clark’s, Wilson, Clark, “ Wilson, ” Clark, Organizations: New, New York CNN, WNBA, Wilson Sporting Goods Co, CNN, NBA, Indiana Fever, ESPN2, ESPN, Nike, Farm, Gatorade, Panini Locations: New York
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The creator started posting short comedy videos during the pandemic, poking fun at people on the internet who make life too complicated for themselves. One of his most popular skits, with 276 million views, shows a person using a knife to peel a banana. "I don't think I have a single sponsor in Italy," Lame said. Lame helped promote Smith's recent film "Bad Boys: Ride or Die" with a short video that amassed 19 million views on TikTok and 111 million on Instagram.
Persons: , Charli D'Amelio, He's, I've, Rodin Eckenroth, Lame, Shaquille O'Neal, Hugo Boss, Naomi Campbell, Robert Downey Jr, Duke McKenzie, Nicola Paparusso, Paparusso, Lame's, Will Smith, he's, Marco Belardi — Organizations: Service, Business, Academy, Google, Pepsi, CIA Locations: Italian, Northern Italy, Italy, Los Angeles, Milan, TikTok, Hollywood
LinkedIn is another often-overlooked platform where student-athletes can promote themselves and score brand deals, athletes and experts told Business Insider. Oostburg and Printz told BI they've used LinkedIn to secure NIL brand deals and connect with agents or other professionals they want to work with. College athletes have used LinkedIn to get brand deals and sign with talent agentsOostburg said she landed two sponsorship deals through LinkedIn, including with the Nashville Zoo and a startup called Backhat. Griffin, who's scored more than 30 NIL deals during his career, landed his first through LinkedIn. "If you're doing NIL or not, as a college athlete, you're also a college student," he said, "and LinkedIn is the spot to be for college students."
Persons: , Tanner Maddox, Sabrina Oostburg, Connor Printz, Jack Adler, Adler, Oostburg, Printz, Raymond, Belmont Athletics Oostburg, hasn't, Samantha Green, Green, Chase Griffin, Griffin, who's, you've Organizations: Service, LinkedIn, Business, Villanova, Belmont University, Claremont McKenna College, College, Nashville Zoo, Belmont Athletics, Athlete, UCLA
And the start of the 2024 W.N.B.A. season has many wondering if the sport is entering a new economic era. The arrival of stars like Caitlin Clark, the former University of Iowa phenom who is now a rookie with the Indiana Fever, has boosted interest and ticket sales. But there are still obstacles the league needs to overcome before attaining the kind of stature that other professional sports leagues have. The league has long had stars, but it has struggled to market their skills and personalities to a mass audience.
Persons: Caitlin Clark, capitalizes Organizations: University of Iowa, Indiana Fever
I feel so fulfilled by my life in Finland. I was introduced to cross-country skiing when I moved to Finland five years ago, and now it is one my favorite hobbies." Finland is the first place I lived after college and the first place my husband and I lived together. You can follow her journey and life in Finland on Instagram or TikTok. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Jade Ventoniemi, I've, Ventoniemi, Jade Organizations: Southern, NCAA, CNBC Locations: Finland, U.S, Florida, States, Lapland, Kuusamo, Southern USA, American, Lahti
Some of the raucous crowd was there to watch Caitlin Clark — the Fever’s wunderkind rookie — play her first professional game in New York City, some were Liberty fans, and more than a few seemed to be there to cheer for both sides. There were celebrities sitting courtside, like Billie Jean King, Jason Sudeikis, Megan Rapinoe and the actress Amy Ryan. And there was basketball royalty in the building as well, including Sue Bird, Pau Gasol and Dawn Staley, the coach of the South Carolina women’s basketball team that beat Ms. Clark’s Iowa Hawkeyes in this year’s N.C.A.A. tournament final. Every time the Jumbotron flashed one of the famous faces, the crowd seemed to get even more electric.
Persons: Caitlin Clark —, , Billie Jean King, Jason Sudeikis, Megan Rapinoe, Amy Ryan, Sue Bird, Pau Gasol, Dawn Staley Organizations: Barclays Center, New York Liberty, Indiana, Liberty, Carolina women’s, Clark’s Iowa Hawkeyes Locations: New York City
It was the upstart athletic brand that was making real inroads against Nike, the dominant name in the industry. People saw it as a company that actually could break through and take market share from Nike among the hardcore athletes,” Swartz said. String of controversiesThe period from 2016 onward is when “things really started to fall apart” at Under Armour, Swartz said. A bulk of Under Armour products are sold through sporting goods retailers and department stores, including Macy’s and Kohl’s, and online. The basketball superstar Curry, arguably the best shooter in history, famously signed with Under Armour instead of Nike in 2013.
Persons: Armour, Stephen Curry, Jordan Spieth, Kevin Plank, Howard Schultz’s, Bob Iger’s, Plank, , David Swartz, Morningstar, ” Swartz, Justin Sullivan, Tommy Gilligan, ” Plank, Swartz, , , Stephanie Linnartz, ” Schwartz, Andrew Kelly, Merrell, Zak Stambor, Stambor, Plank’s, Noel Celis, Eric Smallwood, Dwayne Johnson, Johnson, ” Smallwood, Smallwood, Curry, Joel Embiid, Embiid, Skechers, Caitlin Clark Organizations: New, New York CNN, Nike, Starbucks, Disney, CNN, Sports, North, Maryland Terrapins, Southern Methodist Mustangs, Capital, Maryland, Reuters, , Armour, Sports Authority, Sporting Goods, UCLA, US Securities and Exchange Commission, Footwear News, Adidas, NBA Golden State Warriors, UA Curry II, Getty, Apex Marketing, United Football League, NBA, WNBA Locations: New York, San Rafael , California, North America, College Park , Maryland, Manhattan , New York, Petaluma , California, Manila, AFP
When Dwyane Wade retired from the NBA in 2019 following a glittering 16-season career, he had spent more than half his life playing basketball. But to hear the now 42-year-old tell it, basketball was just "a moment" that happened to last more than 20 years. "It lasted for a lot of years, but that moment has passed and I'm on to the next one," Wade tells CNBC Make It. Now the Hall of Famer, who spoke to CNBC Make It while promoting a partnership with Google Workspace, is embracing his current moment. "I have to learn how to put the work in on this side to be a great entrepreneur, a great businessman, a great community leader.
Persons: Dwyane Wade, Wade Organizations: NBA, CNBC, of Famer, Google
The question for some of us is, why some people want to keep working decades beyond retirement age? CNN Opinion editor Stephanie Griffith asked seven people who are past the conventional retirement age why they are still at the job and got as many responses as there were respondents. They continue to work happily and productively, and were happy to explain to us how and why they do it. Over the years I’ve had to adapt frequently to the changing technology, which isn’t always easy for someone my age. That may be the secret of working well past the time society tells us we’re supposed to retire.
Persons: CNN —, Howard Tucker, Tucker, he’ll, ” Tucker, Joe Biden, Donald Trump —, Trump, ageist, Biden, Stephanie Griffith, Vincent, Austin Tucker, I’ve, isn’t, , Taylor Taglianetti, Gayle Fleming, it’s, I’m, , Gayle Fleming Michael Ventura, Biden —, Charles Simon, Ana Marie Forsythe, Alvin, Ana Marie Forsythe Kyle Froman, — Joyce Trisler —, Joyce, She’d, Lester Horton, Alvin Ailey, Ailey, Ailey School Martha Graham, José Limón, Horton, don’t, Marjorie Perces, Cheryl Bell, didn’t, Babette Coffey, you’ve, you’re, David A, I, Pamela S, Donald Trump, Maggie Mulqueen, Alan Steele, Joan Steinau Lester, , Carole Johnson, — I’m, Octogenarians Organizations: CNN, Records, Biden, Vincent Charity Medical Center, Case Western Reserve University, St, AI Society, Computer, MSNBC, Society, Alvin Ailey School, Dance Media, Juilliard, Ailey School, Alvin, Alvin Ailey American Dance, Vassar College, Ailey, Horton Department, The New York Times, CBS, American, French Legion of, Social Security, Twitter Locations: Ohio, St, Cleveland, one’s, Seattle , Washington, Cambridge , Massachusetts, West, Horton, New York City, , Brookline , Mass, drmaggiemulqueen.com
I can’t watch a basketball game on TV without seeing ads urging me to place a bet on one app or another. I can’t walk down the street in New York City without seeing ads about the latest lottery jackpot. And when I sit at my desk in the office, I spend hours studying another type of betting — trading in financial markets, where you can place wagers on companies, bonds, commodities and derivatives of all descriptions. Yet the most consequential betting of all — wagers on elections in the United States — may soon be shut down by regulators. And the commission’s proposed new rule would give it the power to block trading on a broad range of other subjects.
Persons: United States — Organizations: Futures, Commission Locations: New York City, United States
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