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☆ Washington Commanders owner to sell team for $6 billion, report says
▼ + stars: | 2023-04-13 | by ( ) www.reuters.com time to read: +3 min

[1/4] Feb 2, 2022; Landover, MD, USA; Washington Commanders co-owner Dan Snyder speaks as co-owner Tanya Snyder (L) listens during a press conference revealing the Commanders as the new name for the formerly named Washington Football Team at FedEx Field. Mandatory Credit: Geoff Burke-USA TODAY SportsApril 13 (Reuters) - Washington Commanders owner Dan Snyder has reached an agreement in principle to sell the National Football League (NFL) team to a group led by the co-owner of the NBA's Philadelphia 76ers, Josh Harris, according to a Sportico report on Thursday. The Commanders, NFL and a spokesman at Harris Blitzer Sports & Entertainment (HBSE), where Harris serves as managing general partner, all declined to comment. In 2021 the NFL fined the Commanders $10 million after an independent counsel review found the workplace demonstrated "a general lack of respect" toward women. The committee's final report said sexual harassment, bullying, and other toxic conduct pervaded the team's workplace, perpetuated by a culture of fear instilled by Snyder.

☆ Washington Commanders near a deal to sell to 76ers owner for almost $6 billion
▼ + stars: | 2023-04-13 | by ( Jessica Golden | ) www.cnbc.com time to read: +3 min

The Washington Commanders are nearing a sale to an ownership group led by Philadelphia 76ers and New Jersey Devils Owner Josh Harris at just under $6 billion, a person familiar with the deal told CNBC. Harris' ownership group includes Washington D.C.-based billionaire Mitchell Rales and NBA legend Magic Johnson. Amazon founder and Washington Post owner Jeff Bezos was exploring the sale process, but decided not to make an offer, according to ESPN. For Commanders fans and former employees, progress in the sale process is welcome news. Commanders owner Dan Snyder announced in November of 2022, that he was putting the Commanders up for sale.

☆ Deal close for Washington Commanders football team
▼ + stars: | 2023-04-13 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

If finalized, the sale would mark the end of the controversial ownership of the Washington franchise by embattled billionaire Daniel Snyder. News of the near deal was first reported by Sportico, which reported the team sold for $6 billion, a record for a North American sports franchise. Snyder purchased the team, then named the Washington Redskins for a reported $750 million in 1999. It adopted the Commanders name last year, after playing two seasons with the name Washington Football Team. “Today marks the end of a long, difficult chapter for all employees and fans of the Washington football organization,” read a statement from Lisa Banks and Debra Katz, two attorneys representing more than 40 former Washington Commanders employees.

☆ I transform garages into upscale apartments so homeowners can rent them out and make passive income
▼ + stars: | 2023-03-29 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +6 min

So I designed a product that's modular — that can go inside a garage — and San Jose preapproved it. Then they are trucked to the site of the garage, along with the wall panels, and installed inside the garage. So far, I've built four units — with five more in the pipeline — throughout San Jose, San Mateo, and Mountain View. The floors are cork and bamboo, and there are solid-core barn doors inside the units. I really started doing this as a way to to solve a problem.

☆ Magic Johnson and Josh Harris group officially place bid on Washington Commanders
▼ + stars: | 2023-03-28 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

New York CNN —A group led by billionaire Josh Harris and NBA legend Magic Johnson has officially placed a bid to buy the NFL’s Washington Commanders from embattled owner Daniel Snyder, a source told CNN on Tuesday. CNN confirmed last week that Johnson joined the Harris group. ESPN, which first reported news of the bid, reports that the Harris and Johnson-led group is offering to pay Snyder’s $6 billion asking price. A representative for Johnson, the Los Angeles Lakers hall of famer, did not immediately respond to a request for comment. Magic Johnson and Josh Harris have bid on the Washington Commanders.

☆ NBA roundup: Warriors withstand Joel Embiid's 46-point game
▼ + stars: | 2023-03-25 | by ( ) www.reuters.com time to read: +7 min

[1/5] Mar 24, 2023; San Francisco, California, USA; Golden State Warriors guard Stephen Curry (30) dribbles the basketball against the Philadelphia 76ers in the fourth quarter at Chase Center. A 23-9 run in the first 5:59 out of the locker room quickly flipped the game in the Kings' favor. Booker finished with 32 points, 14 in the fourth quarter, and Ross' 30 points marked a season high. Italian rookie Simone Fontecchio led Utah with 26 points, while Kelly Olynyk chipped in with 16 points and seven rebounds. Haliburton and Myles Turner each scored 20 points to lead Indiana, which trailed by 29 in the fourth quarter.

☆ NBA roundup: Knicks' Julius Randle scores 57, Wolves still prevail
▼ + stars: | 2023-03-21 | by ( ) www.reuters.com time to read: +5 min

Mike Conley (24 points, 11 assists) had a double-double for the Timberwolves, who snapped a three-game losing streak. Bulls 109, 76ers 105 (2OT)Zach LaVine scored 26 points, DeMar DeRozan added 25 and Chicago outlasted host Philadelphia 76ers. Joel Embiid had 37 points, 16 rebounds and three blocked shots for the Sixers. Hornets 115, Pacers 109Kelly Oubre Jr. scored 28 points and Charlotte wiped out a 21-point first-half deficit to defeat visiting Indiana. Curry finished with 30 points, seven rebounds and five assists while Thompson added 29 points and seven rebounds.

☆ SlamBall, which combines basketball and football with trampolines, snags big investors
▼ + stars: | 2023-03-21 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +1 min

Are you ready for some ... SlamBall? A star-studded lineup of investors in and around sports are jumping into the sport, which is a mashup of football, basketball and trampolines that was buzzy for a short time in the early 2000s. The investment comes as SlamBall plans to relaunch this summer, more than 20 years after the alternative sport was shut down in the U.S. as ratings fell in its second season. SlamBall recently closed an $11 million Series A funding round led by Roger Ehrenberg's IA Sports Ventures and Eberg Capital, a stakeholder in MLB's Miami Marlins. It took founder and CEO Mason Gordon and Mike Tollin – a producer behind the popular Chicago Bulls docuseries "The Last Dance" who helped launch the league the first time – nine months to secure their full roster of investors.

☆ NBA roundup: Joel Embiid (42) guides Sixers past Pacers
▼ + stars: | 2023-03-07 | by ( ) www.reuters.com time to read: +5 min

[1/3] Mar 6, 2023; Indianapolis, Indiana, USA; Philadelphia 76ers center Joel Embiid (21) shoots the ball while Indiana Pacers center Myles Turner (33) defends in the second half at Gainbridge Fieldhouse. Tyrese Maxey made six 3-pointers and scored 24 points for Philadelphia, and James Harden contributed 14 points, 20 assists and nine rebounds. Boston got 32 points, 13 rebounds and nine assists from Jaylen Brown. Trail Blazers 110, Pistons 104Damian Lillard recorded 31 points, 13 rebounds and 12 assists as visiting Portland handed Detroit its eighth consecutive loss. Cory Joseph had 14 points, Jaden Ivey contributed 13 points and 13 assists and Alec Burks also scored 13 points.

☆ NBA roundup: 76ers snuff Bucks' 16-game winning streak
▼ + stars: | 2023-03-05 | by ( ) www.reuters.com time to read: +6 min

Giannis Antetokounmpo led the Bucks with 34 points and 13 rebounds, Brook Lopez scored 26 points and Jrue Holiday added 26 points and 13 assists. Grayson Allen made six 3-pointers and finished with 20 points, all in the third quarter. Marvin Bagley III collected 20 points and 13 rebounds and Hamidou Diallo added 14 points for the Pistons. Jimmy Butler and Caleb Martin both scored 15 points, and Butler added 11 rebounds and seven assists. Houston, which received double-doubles from starters Alperen Sengun (16 points, 10 rebounds) and Kenyon Martin Jr. (14 points, 13 rebounds), will host the Spurs on Sunday.

☆ NBA roundup: Jayson Tatum sends Celtics past 76ers
▼ + stars: | 2023-02-26 | by ( ) www.reuters.com time to read: +6 min

Jaylen Brown led the Celtics with 26 points, Tatum added 18 points, 13 rebounds and six assists and Derrick White had 18 points. Gary Trent Jr. added 19 points for the Raptors, who have won four in a row for the first time this season. Tyrese Haliburton added 15 points and 14 assists, and Andrew Nembhard scored 13 points. LaMelo Ball had 19 points and 13 assists, Kelly Oubre Jr. and Dennis Smith Jr. both supplied 15 points and Terry Rozier finished with 14 points. Bam Adebayo had 14 points and Kevin Love posted 13 points and 13 rebounds for the Heat, who shot 40 percent from the field.

☆ Exclusive: Blackstone set to raise as much as $10 billion for tactical opportunities
▼ + stars: | 2023-02-23 | by ( Chibuike Oguh | ) www.reuters.com time to read: +2 min

NEW YORK, Feb 23 (Reuters) - Blackstone Inc (BX.N), the world's largest private equity firm, is set to raise as much as $10 billion for its tactical opportunities strategy, which gives it versatility to invest in a range of assets, people familiar with the matter told Reuters. Blackstone has amassed about $5 billion for the Blackstone Tactical Opportunities Fund IV, which was initially aiming to raise only $4 billion, Reuters previously reported. Blackstone has raised three previous tactical opportunities funds that cumulatively collected about $16.4 billion from investors since the first of them was first launched in 2012. The $6.7 billion Blackstone Tactical Opportunities Fund II and the Tactical Opportunities Fund III, which raised $4.09 billion, had generated a net internal rate of return of 14.1% and 11.7%, respectively, as of June last year, according to the California Public Employees' Retirement System. Blackstone's tactical opportunities division has about $34 billion in assets under management.

☆ NBA All-Star Saturday: Damian Lillard tops 3-Point Contest field
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +2 min

[1/3] Feb 13, 2023; Portland, Oregon, USA; Portland Trail Blazers guard Damian Lillard (0) stands with teammates during the singing of the national anthem before a game against the Los Angeles Lakers at Moda Center. / Troy Wayrynen-USA TODAY SportsFebruary 15 - Portland Trail Blazers guard Damian Lillard, who has hit the sixth-most 3-point shots in NBA history, will take part in the 3-Point Contest as part of All-Star Saturday Night this week in Salt Lake City. Also competing in the 3-point event will be Miami Heat guard Tyler Herro, Portland Trail Blazers guard Anfernee Simons and Sacramento Kings swingman Kevin Huerter. Curry won the 3-Point Contest in 2015 and 2021, and Allen won it in 2001. The Slam Dunk Contest will include one player, Mac McClung, who hasn't appeared in an NBA game this season.

☆ Nets forward Durant traded to Suns - reports
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +2 min

Feb 9 (Reuters) - The Brooklyn Nets have traded All-Star forward Kevin Durant to the Phoenix Suns in a swap deal that includes four other players and future first-round picks, American media reported on Thursday. While Harden was traded to the Philadelphia 76ers, Irving moved to the Dallas Mavericks earlier this week, bringing the curtains down on Brooklyn's 'Big Three' experiment. Durant, 34, won back-to-back championships with the Golden State Warriors where he was also named NBA Finals MVP in both title-winning seasons. Both the Nets and the Suns are fifth in their respective conferences. ET on ThursdayReporting by Rohith Nair in Bengaluru; editing by Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.

No one thought LeBron James would overtake Kareem Abdul-Jabbar to become the N.B.A.’s career scoring leader when he came to the league as an 18-year-old. The line for LeBron James is just past the 38,387 points scored by Kareem Abdul-Jabbar. Table showing the scoring totals for Kareem Abdul-Jabbar and Lebron James, broken down by type of shot. Career points by age for top 250 scorers Line chart showing career points for the top 250 scorers in N.B.A. The line for LeBron James is just past the 38,387 points scored by Kareem Abdul-Jabbar.

☆ NBA roundup: Knicks rally from 21-point deficit to beat 76ers
▼ + stars: | 2023-02-06 | by ( ) www.reuters.com time to read: +5 min

Miles McBride came off the bench to score 14 points while fellow reserve Isaiah Hartenstein had 14 rebounds. Joel Embiid (31 points, 14 rebounds), Tobias Harris (14 points, 10 rebounds) and James Harden (12 points, 12 assists) recorded double-doubles for the 76ers, who had their eight-game road winning streak snapped. De'Anthony Melton scored 14 points while Tyrese Maxey had 12 points and P.J. Scottie Barnes added 16 points and seven rebounds. Bruce Brown scored 16 and both Ish Smith and Zeke Nnaji scored 10 off the bench.

☆ Fanatics to start livestreamed shopping of trading cards, collectibles
▼ + stars: | 2023-02-02 | by ( Ian Thomas | ) www.cnbc.com time to read: +7 min

The Washington Post | Getty ImagesFanatics is moving into livestreamed shopping around collectibles and trading cards, hiring a former Snap and Alphabet executive to launch its new business later this year. Fanatics Live, which will have a standalone app and a coinciding website, plans to launch in the second half of 2023. Only 31% of U.S. adults have even heard of live shopping, with just 22% saying they've participated in a live shopping event, according to a December poll by Morning Consult. Ebay, which said it saw trading card sales increase 142% in 2020, acquired trading card marketplace TCGPlayer for $295 million in August. While Fanatics Live could move into other forms of entertainment and collectibles over time, it will solely focus on trading cards initially.

☆ NBA roundup: Magic rally to end Sixers' win streak
▼ + stars: | 2023-01-31 | by ( ) www.reuters.com time to read: +5 min

James Harden amassed 17 points, eight rebounds and six assists, and Tobias Harris also had 17 points. Josh Giddey added 21 points for Oklahoma City, which has alternated wins and losses over the past six games. Patty Mills also finished with 21 points as he and Thomas combined to shoot 15 of 25 and hit eight 3-pointers. Bradley Beal added 21 points for the Wizards, with Kristaps Porzingis hitting for 17 and Kyle Kuzma scoring 16. Jeremy Sochan had 17 points, Zach Collins had 16 points and 11 rebounds and Stanley Johnson added 10 points.

Fanatics is in discussions to acquire the BetParx sportsbook, as the sports merchandising company looks to take a bigger position in sports betting, according to people familiar with the matter. Representatives for Fanatics and BetParx declined to comment. Fanatics has been seeking a deal in the sports betting space for some time. The company is opening Fanatics Sportsbook at FedExField, the stadium of the NFL's Washington Commanders. Last year, Fanatics' billionaire executive chairman Michael Rubin sold his 10% stake in Harris Blitzer Sports Entertainment, the owner of the Philadelphia 76ers and New Jersey Devils, allowing Fanatics to enter the gambling space.

☆ LeBron becomes second player to score 38,000 points
▼ + stars: | 2023-01-16 | by ( ) www.reuters.com time to read: +1 min

Jan 15 (Reuters) - LeBron James became only the second player in NBA history to score 38,000 career points on Sunday as he inches closer to Kareem Abdul-Jabbar's all-time record. loadingJames eventually finished with 35 points but it was a bittersweet night as the Lakers lost 113-112. The 38-year-old forward, who started his career with the Cleveland Cavaliers and also played for the Miami Heat, has averaged 29 points per game this season. A four-times champion and four-times MVP, James is on course to break former Lakers center Abdul-Jabbar's 34-year-old record of 38,387 points in the coming weeks. James is now 363 points behind Abdul-Jabbar and based on his scoring average, NBA statisticians expect him to break the record before the All-Star break next month.

☆ NBA roundup: Joel Embiid, Sixers sink Jazz in final seconds
▼ + stars: | 2023-01-15 | by ( ) www.reuters.com time to read: +7 min

NBA scoring leader Doncic had a season-worst 15 points -- 19 below his average -- to go with 10 assists and six rebounds. LaMelo Ball's 31 points led the Hornets, while Terry Rozier posted 21 points and P.J. Mason Plumlee added nine points and 16 rebounds. Murray came back with four straight points. Naz Reid's 17 points and Jaylen Nowell's 16 points paced the Minnesota reserves, who combined to outscore the Cleveland bench by a 29-point margin.

☆ Wall Street titan Apollo has a new class of dealmakers. Here's how 3 rose to partner while in their 30s.
▼ + stars: | 2022-11-17 | by ( Casey Sullivan | Hayley Cuccinello | ) www.businessinsider.com time to read: +23 min

He persevered through the brutal all-nighters, the perplexing spreadsheets, and the temperamental bosses who walked the halls of the midtown Manhattan investment firm. At Apollo, executives tend to grow up quickly. Some of their former colleagues have tried to make more money elsewhere, such as the hedge funds run by billionaire personalities that Apollo's executives quietly root against. Associates sometimes dealt with burnout from heavy workloads and demanding bosses by escaping for a walk through Central Park to let off steam, according to the former firm associates. We're Rayman Apollo!'"

☆ NBA roundup: Kings hang 153 points in rout of Nets
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +4 min

The 153 points were the most scored by a Kings team since 154 against the Philadelphia 76ers in January 1993. Knicks 118, Jazz 111Jalen Brunson scored 25 points and dished out eight assists to lead New York past Utah in Salt Lake City. Trail Blazers 117, Spurs 110Jerami Grant recorded 29 points and eight rebounds to lead Portland over visiting San Antonio. Anfernee Simons scored 23 points and Damian Lillard added 22 points and 11 assists as Portland won for the 10th time in 14 games to start the season. Shaedon Sharpe scored 13 points off the bench as the Trail Blazers snapped a four-game skid against San Antonio.

☆ NBA roundup: Joel Embiid nets career-high 59 in Sixers' win
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +6 min

Lauri Markkanen had a quiet night with 15 points and 10 rebounds, while Collin Sexton scored 15, Kelly Olynyk chipped in with 14 points and Jarred Vanderbilt added nine points and 10 rebounds. Russell posted a season-high 30 points and a game-high 12 assists, while Towns (29 points, 13 rebounds) and Gobert (15 points, 13 rebounds) also played vital roles. Andre Drummond posted a double-double of 13 points and 11 rebounds, while Patrick Williams (15 points) and Goran Dragic (11) also scored in double figures. Kevin Huerter scored 17 points and Malik Monk added 12 as the Kings won their third consecutive game. Stephen Curry scored 27 points and Andrew Wiggins had 26 for Golden State, which dropped to 0-7 on the road.

☆ Sixers vs Jazz: Joel Embiid makes history and scores 59 points to power Philadelphia past Utah
▼ + stars: | 2022-11-14 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Joel Embiid produced arguably the greatest performance of his career to inspire the Philadelphia 76ers to a 105-98 victory over the surprising Utah Jazz on Sunday. His astonishing performance also marked the fifth best scoring performance in 76ers franchise history, behind only Wilt Chamberlain – who holds the top three spots – and Allen Iverson. “Those are two legends that played here and that I respect a lot,” Embiid told reporters after the game. “I’ve never seen a more dominating performance when you combine defense and offense,” 76ers coach Doc Rivers told reporters. “Joel Embiid is very good at basketball,” he told reporters after Sunday’s game.

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