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☆ A bettor sitting on a $1.7 million payout if the Thunder win the NBA title is hedging by letting in outside investors
▼ + stars: | 2024-05-08 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

A bettor could score a payout of $1.7 million if the Oklahoma City Thunder win the NBA title. The original $100 bet was a parlay ticket that also included championships for the Texas Rangers and Kansas City Chiefs, both of which have happened. The parlay ticket was purchased via DraftKings and cost Shelton just $100. Now he stands to win $1.7 million, representing a potential return of 1,690,900% if the bet pans out. There is an entire separate industry dedicated to playing matchmaking between high-rolling sports bettors and opportunities with high initial buy-ins, like Shelton's parlay ticket.

Persons: Wayne Shelton, —, Shelton, let's, it's, DraftKings Organizations: Oklahoma City Thunder, NBA, Texas Rangers, Kansas City Chiefs, Service, ESPN, MLB, NFL Super, Thunder, Oklahoma City, New Orleans Pelicans, Western Conference, Dallas Mavericks Locations: DraftKings

☆ 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

☆ Kyrie Irving says he ‘grew up in a time’ when you had to try out for USA Basketball after omission from Paris 2024
▼ + stars: | 2024-04-19 | by ( Matias Grez | ) edition.cnn.com time to read: +2 min

CNN —Dallas Mavericks star Kyrie Irving said he “just didn’t fit” into the 12-man basketball roster selected to represent Team USA at the upcoming Olympic Games. Irving has twice enjoyed success with USA Basketball (USAB) – winning gold at the 2014 FIBA World Cup and the Rio 2016 Olympics – and had outlined his desire to once again be part of an Olympic roster. This year’s announcement process was certainly different, with USA Basketball managing director Grant Hill traveling across the country to personally deliver the Team USA jerseys to each player that was selected. Irving won a gold medal with Team USA at Rio 2016. The Opening Ceremony for the 2024 Paris Olympics will take place on July 26 with men’s basketball play beginning the following day.

Persons: Kyrie Irving, Irving, –, Steph Curry, Devin Booker, Jrue, Anthony Edwards, Tyrese Haliburton, Edwards, “, ”, ” Irving, Grant Hill, Mark Ralston Organizations: CNN — Dallas Mavericks, Team USA, Games, USA, FIBA, Mavericks, USA Basketball, Rio, Getty Locations: Haliburton, USAB, AFP, Las Vegas, Paris

☆ Mark Cuban is ‘proud to pay’ $275.9 million in taxes: 'It’s crazy and unreal in so many ways'
▼ + stars: | 2024-04-15 | by ( Mike Winters | ) www.cnbc.com time to read: +4 min

"I pay what I owe," Cuban wrote on social media site X on Sunday. Long-term capital gains taxes apply to the sale of assets held for more than a year before they are sold. Capital gains rates are based on total taxable income and are generally lower than ordinary income rates. Paying more than a quarter of a billion dollars is "crazy and unreal in so many ways," Cuban wrote on X. "Some people might find it distasteful to pay taxes," Cuban wrote.

Persons: Mark Cuban Organizations: CNBC, Dallas Mavericks, Capital Locations: U.S, Cuban

☆ Mark Cuban says his leadership style cost him $100,000 in fines after he bought the Dallas Mavericks
▼ + stars: | 2024-04-12 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Not even a six-figure fine can get Mark Cuban to change his leadership tactics. A year later, he was fined $100,000 by the league for his unconventional methods of team leadership, he tells CNBC Make It. At the time, Cuban was 41 and full of energy after buying his way into his dream job. He still leans on his interpersonal leadership approach today, often providing advice, building connections and offering mentorship to contestants on ABC's "Shark Tank." If you're struggling with your own leadership style, Cuban recommends figuring out what being a leader actually means to you.

Persons: Mark Cuban, he'd, Draymond, Cuban, David Stern, Stern Organizations: Cuban, Yahoo, NBA's Dallas Mavericks, CNBC, NBA, Mavericks, National Society of Leadership

☆ Mark Cuban says he broke his No. 1 negotiating rule to buy the Dallas Mavericks: 'I was just like, yes'
▼ + stars: | 2024-04-03 | by ( Ashton Jackson | ) www.cnbc.com time to read: 1 min

On television, Mark Cuban is a savvy and patient negotiator. But when the entrepreneur was a newly minted billionaire with cash to spend, he used a different tactic to buy the NBA's Dallas Mavericks. "It was all about fun," Cuban, 65, told NBA player Draymond Green's podcast, "The Draymond Green Show," on Monday. The following year, Cuban — a self-proclaimed basketball junkie — acquired a majority stake in the Mavericks for $285 million, from real estate developer Ross Perot Jr. The moment the deal was signed, Cuban hit the ground running, he told Green: "It was done.

Persons: Mark Cuban, Draymond, —, Ross Perot Jr, Green Organizations: Dallas Mavericks, Yahoo, Mavericks Locations: Cuban

☆ The day Mark Cuban became a millionaire, he took off his watch and threw it away—here’s why
▼ + stars: | 2024-03-31 | by ( Megan Sauer | ) www.cnbc.com time to read: +2 min

That same day, he took off his watch and threw it away, he said at a SXSW panel earlier this month. "This time wasn't spent to learn about what my dad did, but to learn that his job didn't have a future," Cuban said. "[Buying a private plane] was my all-time goal because the asset I value the most is time, and that bought me time," Cuban told told Money in 2017. Today, Cuban wears an Apple Watch to track his health metrics, he said at SXSW — but it hasn't changed his stance on time. "I wanted to make enough money so I didn't have to respond to anybody else," Cuban said in a recently released MasterClass course.

Persons: splurging, Mark Cuban, wasn't, Cuban's, Cuban, hasn't Organizations: CNBC, Yahoo, Guinness, World Records, Cuban, Apple Watch, SXSW, Dallas Mavericks, Cost Locations: Pittsburgh

☆ Luka Dončić continues record-breaking run with another huge triple-double
▼ + stars: | 2024-03-10 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +2 min

CNN —Records continue to be broken on an almost nightly basis in the NBA and this time it is courtesy of Dallas Mavericks star, Luka Dončić. The Slovenian now holds the record for the most consecutive 30-point triple-doubles after a huge showing against the Detroit Pistons in Dallas’ 142-124 win on Saturday. After finishing the game with 39 points, 10 rebounds and 10 assists, Mavericks head coach Jason Kidd was in awe of his star player’s performance. It is now Dallas’ second win in a row after beating the Miami Heat 114-108 on Thursday. Every night, he does something.”'Luka Magic' finished the game with 39 points, 10 rebounds and 10 assists.

Persons: Luka Dončić, Russell Westbrook, Jason Kidd, ” Kidd, Kidd, “, ”, Chris Schwegler, Kevin Durant’s, Durant, Jayson Tatum Organizations: CNN — Records, NBA, Dallas Mavericks, Slovenian, Detroit Pistons, Dallas ’, Mavericks, ‘ Luka, Miami Heat, Miami, Magic, Boston Celtics, Phoenix Suns, Celtics, Suns

☆ Barbara Corcoran shares the No. 1 trait her best employees have: 'They drove me crazy, but I admired my superstars so much'
▼ + stars: | 2024-03-09 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

The key to a "good life" is the ability to learn from your mistakes, according to Barbara Corcoran. "Recovering from failure, in my book, is 95% of life," Corcoran said. "If you're going to have a good life, you'd better be really good at getting back up, like a jack-in-the-box, boom, boom, boom. "They drove me crazy too, but I admired my superstars so much because of that ability ... You could punch them around. "Unfortunately, the only way to really learn is ... by tripping up and making many, many mistakes," said Corcoran.

Persons: Barbara Corcoran, It's, Corcoran, Tim Ferriss, you'd, Ferriss, They'd, Laurie Santos, —, she's, Mark Cuban Organizations: Corcoran Group, CNBC, Dallas Mavericks Locations: Yale, —

☆ LeBron James surpasses 40,000 career points as NBA legend burnishes legacy
▼ + stars: | 2024-03-03 | by ( Dennis Romero | ) www.cnbc.com time to read: +4 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. LeBron James surpassed 40,000 career points during Saturday night's home game between his Los Angeles Lakers and the Denver Nuggets, further solidifying his place in the NBA record books. A layup in the second quarter had James reach 40,000 points, and another layup ensured he surpassed the mark. "No one has ever done it," he said of scoring 40,000 career points at the postgame news conference on Thursday. On Christmas night, a 3-pointer against the Phoenix Suns pushed him past 10,000 career NBA points.

Persons: LeBron James, James, LakersNation.com, He's, Vince Carter, Bryce, Laker Kareem Abdul, Abdul, isn't, Kevin Durant, Luka Dončić, Oklahoma City Thunder's Shai Gilgeous, Alexander, Milwaukee Bucks Giannis Antetokounmpo, Donovan Mitchell Jr, Durant, I'm Organizations: Los Angeles Lakers, NBA, Los Angeles Clippers, Crypto.com Arena, Denver Nuggets, Lakers, Nuggets, basked, state's Cleveland Cavaliers, Miami Heat, Toronto Raptors, University of Southern, Sierra Canyon School, Oklahoma Thunder, Thursday's Lakers, Washington Wizards, Phoenix Suns, Dallas Mavericks, Oklahoma City, Milwaukee Bucks, Cleveland Cavaliers, Wizards Locations: Los Angeles, University of Southern California, Slovenian

☆ Mark Cuban shares 1 thing he wishes he'd done differently: 'That's not being old. That's being wise'
▼ + stars: | 2024-03-03 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +2 min

The 65-year-old billionaire says he now regrets stressing about his age every time he hit a big numerical milestone. Just one thing: I wish I hadn't thought I was getting old at every milestone [birthday]… 30,40,50," Cuban wrote in a recent post on Threads. You may need to change your habits as you age to stay healthy, Cuban noted. Rather than getting frustrated about those changes, embrace them, Cuban wrote on Threads. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank," which features Mark Cuban as a panelist.

Persons: Mark Cuban, …, Cuban, Becca Levy, Cuban's, Steve Kamb, Yoav Bergman, Bergman, he's, Recode, That's Organizations: Dallas Mavericks, Yale University, Foundation University Islamabad, CNBC Locations: Pakistan, Cuban

CHARLOTTE, N.C. (AP) — The Charlotte Hornets are sending often-injured small forward Gordon Hayward to the Oklahoma City Thunder in exchange for guard Tre Mann, power forward Davis Bertans, point guard Vasilije Micic and two second round draft picks, according to a person familiar with the situation. The second round picks will be in 2024 and 2025, according to the person. Washington to the Dallas Mavericks for Grant Williams, Seth Curry and a 2027 first-round draft pick, AP sources said. The Hornets signed Hayward to a four-year, $120 million contract in 2020 hoping he would give them a boost and make them a consistent playoff team. The Thunder acquired Bertans from the Dallas Mavericks in a draft night deal last year, and he has played sparingly.

Persons: CHARLOTTE, Gordon Hayward, Tre Mann, Davis, Vasilije Micic, Grant Williams, Seth Curry, Hayward, Terry Rozier, Kyle Lowry, Lowry, Mitch Kupchak, Charlotte, Miles Bridges, Bridges, Mann, Cliff Brunt, ___ Organizations: Charlotte Hornets, Oklahoma City Thunder, Associated Press, Hornets, Dallas Mavericks, Milwaukee, Thunder, Minnesota, Western Conference . Hayward, Miami Heat, ESPN, New York Knicks, Madison, Garden, Boston, The Thunder, Oklahoma City, AP Locations: N.C, Washington, Charlotte, Denver, Hayward, Micic, Philadelphia, Europe, Oklahoma

☆ Your next landlord may be a pro sports team
▼ + stars: | 2024-02-08 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

But team owners in recent years have turned to real estate development to bring in extra cash and drive up the asset values of their franchises. “It makes perfect sense for a team owner to play real estate,” said Propheter. “That means that team owners do have a lot of leverage,” he said. “Stadium subsidies transfer wealth from the general tax base to billionaire team owners, millionaire players, and the wealthy cohort of fans” who regularly attend games. “Generally speaking, the people who come off well are the team owners and the developers,” Zimbalist said.

Persons: ”, Geoffrey Propheter, Daniel Slim, “, Andrew Zimbalist, Louis, Harry Cabluck, Bruce Ratner, Stan Kroenke, Matthew Grimes Jr, Steve Cohen, Mark Cuban’s, Adelson, “ I’m, ” Zimbalist Organizations: New, New York CNN, Professional, Billionaire, University of Colorado Denver, Sofi, Getty, Washington Wizards, Capitals, Sweet, Smith College, Riverfront, Busch, Baltimore Orioles, Camden, Barclays Center, Nets, Los Angeles Rams, “ Battery, Atlanta Braves, Golden State Warriors ’ Chase Center, Texas Rangers, Globe, Arlington, New York Mets, Hard, Citi Field . Dallas Mavericks, Vegas Sands Corp, Management Locations: New York, North America, Inglewood , California, AFP, Washington, Alexandria , Virginia, Cincinnati, St, Pittsburgh, Brooklyn, New Jersey, ”, “ Battery Atlanta ”, Truist, Atlanta, San Francisco, “, City, Arlington , Texas, ” Cuban

☆ Mark Cuban says he'll be using Threads more after criticizing X as Elon Musk's 'echo chamber'
▼ + stars: | 2024-02-04 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Read previewRecently, Mark Cuban learned that if you're searching for enlightenment or, at the very least, a stimulating debate on hot-button topics of the day, you may think twice about relying on Elon Musk's X. Cuban told The Wall Street Journal that the reaction didn't come to him as a surprise. "Twitter isn't real life," Cuban told the Journal. AdvertisementIn an X post on Saturday, Cuban said he's still on X "because it's more fun and interesting to argue with people who disagree with me." Cuban didn't make any suggestions when asked if there were any changes he would want to see on the platform.

Persons: —, Mark Cuban, Elon, Musk, Cuban, X, he's Organizations: Service, Elon Musk's, Cuban, Commission, Business, Dallas Mavericks, NBA, Wall Street Journal, Elon, Twitter Locations: Cuban

☆ Mark Cuban: These 2 industries will be the 'next wave of revenue generation' in sports—but they 'aren't my strengths'
▼ + stars: | 2024-02-01 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

"To spend more time with my family and because I believe the next wave of revenue generation is around real estate and entertainment and those aren't my strengths," the billionaire responded. Cuban has never been shy about pointing out where his strengths lie, saying in the past that he is "really, really, really good at sales." Those pursuits make more sense for the Adelsons, who have a long history in the entertainment, casino and real estate space, Cuban said in a pre-game interview on Dec. 27th. It's because of their real estate empires that they've built," Cuban said. It's been hard enough learning the pharmacy and basketball business, let alone trying to learn real estate as well."

Persons: Mark Cuban's, it's, Miriam Adelson, Cuban, Adelson, It's, Sheldon Adelson Organizations: Dallas Mavericks, NBA, Cuban, Twitter, ESPN, Las Vegas Sands, Forbes, Vegas Sands, Mavericks, CNBC Locations: Las Vegas, Texas, Cuban

PORTLAND, Ore. (AP) — Damian Lillard's former team took a bit of the shine off his gala homecoming. Anfernee Simons scored 24 points, including a key floater with 17.1 seconds left, and the Portland Trail Blazers beat Lillard and the Milwaukee Bucks 119-116 on Wednesday night. Lillard finished with 25 points for the Bucks in their second straight loss under new coach Doc Rivers. It was Lillard's first game in Portland since he was traded to the Bucks in the offseason. Then in the final seconds, the Blazers fouled Antetokounmpo, who missed both free throws to give Portland the win.

Persons: — Damian Lillard's, Anfernee Simons, Lillard, Doc Rivers, Giannis Antetokounmpo, ” Simons, “, we've, Chauncey Billups, ” Billups, Matisse, Simons, Malcolm Brogdon, Jerami Grant, Antetokounmpo, floater, Brook Lopez, Grant, ” Deandre Ayton, ” Rivers, Rivers, Adrian Griffin, Scoot Henderson, ” Lillard, ___ Organizations: Portland Trail Blazers, Lillard, Milwaukee Bucks, Bucks, Blazers, NBA, Portland, Bucks ., Denver Nuggets, Milwaukee, Boston, Eastern Conference, Western Conference, Dallas Mavericks, . Trail Blazers Locations: PORTLAND, Portland, Bucks . Milwaukee, Bucks, Rivers ., Milwaukee, UP

☆ Tesla erases references to DEI from its new 10-K following Elon Musk’s criticisms
▼ + stars: | 2024-02-01 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +5 min

New York CNN —Tesla CEO Elon Musk has a new social media target: Diversity, Equity and Inclusion. Following Musk’s recent critical posts about DEI policies and racial discrimination lawsuits against Tesla, the electric car company has omitted all language regarding minority workers and outreach to minority communities in its 10-K filing with the SEC made January 29. In Musk’s eyes, DEI is “just as morally wrong as any other racism and sexism,” he tweeted in December. And as recently as 2020, Tesla had been publishing its own corporate DEI reports, reaffirming its commitment to the mission. CNN has reached out to Tesla for comment, though the company does not usually respond to press requests.

Persons: Elon Musk, Tesla, ”, It’s, George Floyd’s, Harvard’s, Claudine Gay, Gonzalo Fuentes, Bill Ackman, Musk, ” Musk, Owen Diaz, Mark Cuban, “, Catherine Thorbecke, Nicquel Terry Ellis Organizations: New, New York CNN, Equity, SEC, Bloomberg, Tesla, Black Colleges, Universities, ”, Asian Pacific Islanders, Minneapolis, CNN, SpaceX, Twitter, Viva Technology, Reuters Billionaire, Harvard, DEI, California Department of Fair, Housing, Fremont, Dallas Mavericks Locations: New York, America, Paris, France, Fremont , California, Fremont, United States, ” Cuban

OKLAHOMA CITY (AP) — Anthony Edwards scored 27 points and the Minnesota Timberwolves beat the Oklahoma City Thunder 107-101 on Monday in a matchup of teams that entered the night tied for the lead in the Western Conference standings. Shai Gilgeous-Alexander scored 37 points and Jalen Williams added 20 for the Thunder, who lost their second straight after a five-game win streak. The Thunder led 97-96 with 2:43 remaining before Minnesota took control. A two-handed dunk by Edwards down the middle of the lane in traffic put the Timberwolves up 101-97, and Minnesota led by at least four the rest of the way. Minnesota led 49-47 at halftime behind 13 points apiece from Edwards and Towns.

Persons: — Anthony Edwards, Karl, Anthony Towns, Rudy Gobert, Mike Conley, Shai Gilgeous, Alexander, Jalen Williams, Edwards, Williams, Gilgeous, ___ Organizations: OKLAHOMA CITY, Minnesota Timberwolves, Oklahoma City Thunder, Western Conference, Minnesota, Timberwolves, Thunder, Oklahoma City, UP NEXT Timberwolves, Dallas Mavericks, Denver Nuggets Locations: Minnesota, Edwards, Towns

☆ Luka Doncic scores 73 points – tied for 4th most by a player in an NBA game
▼ + stars: | 2024-01-26 | by ( Jason Hanna | Homero De La Fuente | ) edition.cnn.com time to read: +3 min

Only Wilt Chamberlain (100 points and 78 points in the 1960s) and Kobe Bryant (81 in 2006) scored more in an NBA game. We’ve been struggling lately – the mindset was get a win,” Doncic said about his Mavericks (25-20) after the game. So, just seeing the game,” Doncic said. When I’m wrong I admit it, so probably shouldn’t have done that. Doncic, who was named Thursday to his fourth NBA All-Star Game, was selected by the Hawks with the No.

Persons: CNN — Luka Doncic, Joel Embiid, Wilt Chamberlain, Kobe Bryant, Chamberlain, David Thompson, “, We’ve, ” Doncic, Embiid, Doncic, Trae Young, Young, who’d, ”, Cam Organizations: CNN —, Dallas Mavericks, Atlanta, NBA, Kobe, Mavericks, Philadelphia 76ers, San Antonio Spurs, Hawks, Phoenix Suns, Dallas ’ American Airlines Center, TNT Locations: Slovenian

☆ Mark Cuban says becoming a billionaire is just about luck and anyone who says they can do it again is lying
▼ + stars: | 2024-01-18 | by ( Sawdah Bhaimiya | Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Read previewTV personality and businessman Mark Cuban admitted that he couldn't become a billionaire again if he had to start over because it's essentially just "luck" and anyone who thinks they can is "lying." This story is available exclusively to Business Insider subscribers. At one point Noah questioned him about how he became a billionaire to which Cuban responded frankly: "Anybody who's a billionaire who thinks they could just do it all over again is lying their ass off. "But the whole billionaire side of it, the hundreds of millions of dollars, that's just insane and that was luck," he said. Advertisement"But there's a whole lot of people who are really really smart, who do each of those things or one of them really well, and we don't know who they are," he added.

Persons: —, Mark Cuban, couldn't, it's, Trevor Noah's, Noah, Cuban, That's, that's, there's Organizations: Service, Business, NBA, Dallas Mavericks, Cuban, Yahoo

☆ NBA postpones second Warriors game after assistant coach’s death
▼ + stars: | 2024-01-18 | by ( Micah Washington | ) www.cnbc.com time to read: +1 min

Assistant coach Dejan Milojević and Kevon Looney, #5 of the Golden State Warriors, talk before the game against the Los Angeles Lakers during the Western Conference Semifinals in the 2023 NBA Playoffs at Crypto.com Arena in Los Angeles on May 6, 2023. The National Basketball Association said a second Golden State Warriors game has been postponed after the team's assistant coach Dejan Milojević died earlier this week. ESPN will instead broadcast the Brooklyn Nets versus Los Angeles Lakers Friday night. "We are absolutely devastated by Dejan's sudden passing," said Warriors Head Coach Steve Kerr in a press release. Milojević was in his third season on the Warriors' coaching staff, including the team's 2022 NBA Championship run.

Persons: Dejan Milojević, Looney, Milojević, Steve Kerr Organizations: Golden State Warriors, Los Angeles Lakers, Western, Crypto.com Arena, National Basketball Association, Warriors, Dallas Mavericks, ESPN, Brooklyn Nets, The Warriors, KK Mega Basket, Atlanta Hawks, San Antonio Spurs, Houston Rockets, CNBC PRO Locations: Los Angeles, Belgrade, Serbia

☆ Golden State Warriors assistant coach Dejan Milojević dies at 46 after heart attack
▼ + stars: | 2024-01-17 | by ( David K. Li | John Filippelli | ) www.cnbc.com time to read: +2 min

Golden State Warriors assistant coach Dejan Milojevic looks on before the game against the Houston Rockets on February 24, 2023 at Chase Center in San Francisco, California. Golden State Warriors assistant coach Dejan Milojević died on Wednesday, officials said, after suffering a heart attack at dinner the night before in Salt Lake City. "We are absolutely devastated by Dejan Milojević's sudden passing," Warriors coach Steve Kerr said in statement issued by the team. Kerr said Milojević was a relentlessly upbeat person "who brought joy" to others every day. The 6-foot-7 Belgrade native, known as "Coach Decky" to the Warriors, was tasked with working with Golden State's centers and power forwards.

Persons: Dejan Milojevic, Dejan Milojević, Dejan Milojević's, Steve Kerr, Kerr, Milojević, Dejan, Natasa, Nikola, Masa, He's, It's, he's, Looney Organizations: Golden State Warriors, Houston Rockets, Chase Center, Warriors, Utah Jazz, Delta Center, Dallas Mavericks, Jazz Locations: San Francisco , California, Salt Lake City, Europe, Belgrade, San Francisco

☆ I visited Mark Cuban's Texas ghost town, and 'Mustang' was more barren and mysterious than I ever imagined
▼ + stars: | 2024-01-13 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewI recently learned that Mark Cuban, the billionaire and former owner of the Dallas Mavericks basketball team, bought an entire "ghost town'" called Mustang for about $2 million in 2021. Mustang is about an hour away from the part of Dallas where I live. But until now, I had never come across it — and it appears that almost nobody in my circles had either. Cuban bought Mustang from principal owner Marty Price, a Dallas attorney and devoted Mavericks season ticket holder, according to NBC News, who spoke with Mike Turner, a real-estate agent who brokered the deal.

Persons: —, Mark Cuban, Forbes, Marty Price, Mike Turner, Price, Turner Organizations: Service, Dallas Mavericks, Business, Mavericks, NBC News, New York Times, Google Locations: Dallas

☆ Team’s Sale Reflects Growing Links Between Pro Sports and Gambling
▼ + stars: | 2023-12-03 | by ( Ken Belson | More About Ken Belson | ) www.nytimes.com time to read: +1 min

For years, professional sports organizations like the National Basketball Association and Major League Baseball prohibited liquor companies from buying advertising in locations in stadiums and arenas that could be seen on television, in deference to efforts to curb drunken driving. Suddenly, they began signing multimillion-dollar deals with companies that made rum, tequila, vodka and other hard liquor, and the advertising was displayed for all to see. It was a sign of how justifications can change seemingly overnight, especially when money is involved. (The purchase still needs to be approved by the league’s board of governors before becoming official.) “The Adelson and Dumont families are honored to have the opportunity to be stewards of this great franchise,” they said in a statement.

Persons: Miriam Adelson, “ The Adelson, Dumont, ” Organizations: National Basketball Association, Major League Baseball, Sands Corporation, Dallas Mavericks

DALLAS (AP) — Dallas Mavericks superstar Luka Doncic will miss his first game of the season Friday night when he sits against the Memphis Grizzlies for personal reasons. Doncic and fellow guard Dante Exum are both listed as out for personal reasons on the NBA injury report. The 24-year-old Doncic is third in the NBA in scoring at 31.1 points per game, and the four-time All-Star is averaging 8.1 rebounds and 7.9 assists. Doncic and Irving struggled with injuries after Irving was acquired in a blockbuster deal with Brooklyn last February. Doncic has dealt with calf and thumb injuries this season, while Irving has missed three games with a foot issue.

Persons: Luka Doncic, Dante Exum, Kyrie Irving, Irving, Doncic Organizations: DALLAS, — Dallas Mavericks, Memphis Grizzlies, NBA, Mavericks, Brooklyn

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