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☆ Arizona Coyotes local games move to broadcast networks – the latest big shift in sports TV
▼ + stars: | 2023-10-05 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +4 min

The Arizona Coyotes are skating to a new TV home for local games – showcasing the pressure on cable TV bundles due to cord cutting while broadcast stations look to nab more sports media rights. Scripps Co. on Thursday that will see its local games air on over-the-air networks. The Coyotes' local games aired on Bally Sports Arizona. MLB began running the distribution of the Diamondbacks, as well as the San Diego Padres, another contract rejected by Diamond, earlier this year. The landscape for local games has dramatically shifted as consumers flee the traditional cable TV bundle and opt for streaming services.

Persons: Barrett Hayton, Diamond, Phoenix Mercury –, Gray, Scripps, Knights – Organizations: Arizona Coyotes, Dallas Stars, American Airlines Center, The Arizona Coyotes, nab, NHL, Scripps Co, Diamond Sports Group, Coyotes, Scripps, Bally Sports Arizona, Arizona Diamondbacks, Phoenix Suns, Phoenix Mercury, Diamond, Suns, Mercury, Gray Television, MLB, Diamondbacks, San Diego Padres, CNBC, Vegas, Knights, Stanley, Warner Bros, Warner Media, MLB's Houston Astros, NBA's Houston Rockets, T SportsNet, City Home Network Locations: Dallas , Texas

☆ Kevin Durant's Boardroom launches entertainment and sports advisory firm
▼ + stars: | 2023-09-19 | by ( Drew Richardson | ) www.cnbc.com time to read: +2 min

National Basketball Association superstar Kevin Durant and business partner Rich Kleiman on Tuesday announced the launch of a new advisory firm under the duo's Boardroom media company. The firm, Boardroom Advisory, will operate on a yearly fee structure and work with athletes as well as executives and brands on creating business and sports ownership opportunities, content and more, the company said in a press release. "Boardroom Advisory is a natural extension of the brand, and is a way for us to bring our resources to other athletes." The firm doesn't intend to compete with agencies and will work in tandem with athletes' preexisting representatives, a spokesperson for Boardroom said. Durant is among a slew of superstar athletes to branch out in the sports media and entertainment world.

Persons: Kevin Durant, Rich Kleiman, Durant, Lebron James, Cristiano Ronaldo, Kleiman, Lorenzo McCloud, James Harden Organizations: Mobile, National Basketball Association, Tuesday, NBA, SpringHill, Soccer, Nike, ESPN, Golden State Warriors, Oklahoma City Thunder, Brooklyn Nets, Phoenix Suns, Philadelphia 76ers, CNBC Locations: Puerto Rico, U.S, Las Vegas, Durant

☆ Japan in tears after first ever win against European team in FIBA World Cup
▼ + stars: | 2023-08-27 | by ( Andrew Mcnicol | ) edition.cnn.com time to read: +3 min

CNN —Japanese players and fans were left in tears after the country claimed its first ever victory against European opponents in the FIBA Basketball World Cup on Sunday. It was Japan’s first World Cup win in 17 years – its last came as host nation against Panama at the then-named FIBA World Championship in 2006. Japan lost all five of its group games at the postponed 2019 World Cup held in China. The 2023 FIBA World Cup is co-hosted by the Philippines, Japan and Indonesia – the first time multiple nations have hosted the event. The FIBA World Cup runs until September 10.

Persons: Yuta Watanabe, League’s Yudai Baba, Josh Hawkinson, 5’7, Yuki Kawamura, Tom Hovasse, Japan's, Hiro Komae, ” Hovasse, Stephen Curry ”, Japan's Yuta Watanabe, Kyle Anderson Organizations: CNN, FIBA Basketball, Finland, Phoenix Suns, NBA, Panama, FIBA, Keisei Tominaga, Germany, Okinawa Arena, Kyodo, Getty, Japan, Indonesia – Locations: Japan, Okinawa, US, China, Asia, Finland, Australia, Oceania, Serbia, Philippines, Indonesia

☆ Argentina men's basketball team miss out on Olympics berth
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +2 min

In February, Argentina were left out of the FIBA World Cup for the first time in 41 years after losing to the Dominican Republic in their final Americas qualifier. "It was a great experience for many of our youngsters, I think the team competed as it should have. It was not enough for us to win, but I think they gave an example of how the group wants to become a great team," Prigioni added. The South Americans had not missed an Olympics since Sydney 2000 and were once a power in world basketball. The World Cup is scheduled from Aug. 25 to Sept. 10 and will be co-hosted by the Philippines, Japan and Indonesia.

Persons: Pablo Prigioni, Deandre, Eric Gordon, Buddy Hield, Prigioni, Manu Ginobili, Angelica Medina, Ken Ferris Organizations: FIBA Olympic, FIBA, Americas, Argentine, NBA, Phoenix Suns, Indiana Pacers, South, Sydney, San Antonio Spurs, Athens Olympics, Beijing, Thomson Locations: Bahamas, Argentina, Dominican Republic, Europe, United States, Athens, London, Rio de Janeiro, Tokyo, Philippines, Japan, Indonesia, Mexico City

☆ Diamond Sports calls in mediators as it pushes toward a reorganization plan
▼ + stars: | 2023-08-17 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

On Thursday, a bankruptcy judge approved Diamond's request to bring in mediators as it is negotiates with creditors to reach a reorganization plan. Two judges from the U.S. Bankruptcy Court in the Southern District of Texas — Judges David Jones and Marvin Isgur — will preside as mediators. Last week, Diamond won court approval to extend the period of time it has to come up with a reorganization plan. Diamond has until Sept. 30 to file a reorganization plan, weeks ahead of the opening of the 2023-24 NBA and NHL seasons. Besides shedding its hefty debt load, Diamond is looking to reset some of its rights deals with teams to reflect so-called market rates.

Persons: Christopher Lopez, David Jones, Marvin Isgur —, Diamond Organizations: Ohio, Bally Sports, Cincinnati Reds, Cleveland Guardians, Progressive, Diamond Sports Group, NBA, NHL, U.S, Bankruptcy, Southern District of Texas, Diamond, Nexstar Media Group, Gray Television, Scripps Co, CNBC, Phoenix Suns Locations: Cleveland, America, Southern District

In this article SBGINXSTGTNSSP Follow your favorite stocks CREATE FREE ACCOUNTChristian Petersen | Getty Images Sport | Getty ImagesTensions are building among broadcast station owners and pay TV providers as the local rights to air NBA, NHL and MLB games go up for grabs. Pay-TV providers are also exploring alternatives to keep local games in the bundle. The NBA's Phoenix Suns and Utah Jazz recently reached deals to be be aired on local broadcast networks run by Gray and Sinclair, respectively. "The reality is that the issue people keep talking about is the rights fees. But the rights fees aren't necessarily the question," said Berke.

Persons: Christian Petersen, Sinclair, Diamond, Bill Morrow, RSNs, George Kubas, Lee Berke, There's, Gray, Brian Lawlor, Lawlor, Jeff Speer, —, Ion, Berke, David Peralta, Kole Calhoun, Starling Marte Organizations: Getty, NBA, NHL, MLB, Scripps Co, Gray Television, Nexstar Media Group, Diamond Sports Group, Warner Bros, Broadcasters, Comcast, Charter, DirecTV, Gray, Nexstar, Communications, Ohio, Bally Sports, Cincinnati Reds, Cleveland Guardians, Progressive, Diamond Sports, Diamond, Phoenix Suns, Utah Jazz, Clipper, Las Vegas Golden Knights, NHL Stanley, Scripps, Scripps Sports, Knights, Warnes Bros, Vegas Golden Knights, Florida Panthers, Mobile, — ABC, NBC, CBS, Fox, CW Network, Nexstar's CW Network, ACC, Nascar, Suns, Arizona Diamondbacks, Oakland Athletics, Chase Field, The Diamondbacks Locations: Cleveland, Los Angeles, Las Vegas, Las Vegas , Nevada, Phoenix , Arizona

☆ Kylian Mbappé: NBA stars joke about superstar’s reported salary offer from Saudi club Al Hilal
▼ + stars: | 2023-07-25 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

It’s a proposed deal which reportedly includes a staggering $775 million salary packet for the 24-year-old Mbappé. News of the offer spread through social media on Monday and caught the attention of the NBA’s biggest stars. Milwaukee Bucks star Giannis Antetokounmpo posted a picture of himself to Twitter, with the caption: “Al Hilal you can take me. It’s a figure dwarfed by the earnings that Mbappé would reportedly receive for one season at Al Hilal. CNN has reached out to PSG, Al Hilal and Mbappé’s representatives for comment.

Persons: Saint Germain, Al Hilal, It’s, Giannis Antetokounmpo, “ Al Hilal, ” Al Hilal, e nch ca, “ Organizations: CNN, PSG, Saudi, Milwaukee Bucks, Twitter Locations: Paris, Saudi Arabian, Al

☆ Refinancing when rates drop will help the whole economy, says UWM CEO Mat Ishbia
▼ + stars: | 2023-07-20 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRefinancing when rates drop will help the whole economy, says UWM CEO Mat IshbiaMat Ishbia, United Wholesale Mortgage CEO & Phoenix Suns owner, joins 'Closing Bell Overtime' to talk regional banking turmoil, the labor market, mortgage rates and more.

Persons: Mat Ishbia Mat Ishbia Organizations: United Wholesale Mortgage CEO, Phoenix Suns

☆ The Phoenix Suns made it to the NBA finals in 2021 for the first time in 28 years. They had 5G to thank.
▼ + stars: | 2023-07-17 | by ( Sarah Sloat | ) www.businessinsider.com time to read: +5 min

The Phoenix Suns made it to the NBA finals in 2021 for the first time in 28 years. In 2021, the Phoenix Suns made it to the NBA finals for the first time in 28 years. The 5G Performance Center is outfitted with several features that capture real-time player data during practice and workouts. The Suns' facility is outfitted with cameras, sensors, AI, and moreIt's a major step up from the Phoenix Suns' previous training facility, which was in the basement of the arena. For now, no other NBA training facility is using 5G in the same way.

Persons: Chris Paul, Brian Mecum, Mecum Organizations: Phoenix Suns, NBA, Verizon, Suns

☆ Chris Paul Headed to Golden State in Trade From Wizards
▼ + stars: | 2023-06-22 | by ( Sopan Deb | ) www.nytimes.com time to read: +1 min

The Washington Wizards plan to trade Chris Paul to Golden State for guard Jordan Poole after reaching an agreement to acquire Paul from the Phoenix Suns earlier this week, according to a person familiar with the deals who was not authorized to discuss them publicly. draft, continues a chaotic off-season for Paul, a 12-time All-Star guard who has spent the past three seasons in Phoenix. Paul, 38, said he was caught off guard on Sunday when he learned that the Suns planned to trade him. The Wizards’ deal with the Suns is expected to send Bradley Beal, a three-time All-Star guard, to Phoenix, according to the person. “No matter how you are with them or what you do, you realize that in this business, nobody owes you anything, as it should be.”

Persons: Chris Paul, Jordan Poole, Paul, Bradley Beal, ” Paul, ” Organizations: Washington Wizards, Golden State, Phoenix Suns, ESPN, Suns, Wizards, The New York Times Locations: Phoenix, Paul

☆ Chris Paul Found Out About the Suns’ Trade From His Son
▼ + stars: | 2023-06-19 | by ( Sopan Deb | ) www.nytimes.com time to read: +1 min

Chris Paul was on a plane to New York on Sunday, to promote his new book, when he heard the news in a text from his 14-year-old son, Chris II: He had been traded. Paul, a 12-time All-Star, is one of the most accomplished point guards in N.B.A. He had recently finished his third season with the Phoenix Suns, a run that included a trip to the N.B.A. But the Suns preliminarily agreed on Sunday to a trade with the Washington Wizards for guard Bradley Beal, a three-time All-Star who will turn 30 next week. Representatives for the Suns and Thomas did not respond to a request for comment.

Persons: Chris Paul, Chris II, Paul, Kevin Durant, Bradley Beal, Mat Ishbia, Isiah Thomas, “, ”, Ishbia, Thomas Organizations: Phoenix Suns, Suns, Washington Wizards, The New York Times, of Fame Locations: New York, N.B.A

☆ I made $250,000 in sales last year making digital templates and usually work 4 hours a day. Here's how I started my business and quit freelancing.
▼ + stars: | 2023-06-05 | by ( Umair Mansha | ) www.businessinsider.com time to read: +6 min

He's since built a business selling customizable Photoshop design templates and mock-ups online. In 2012, I started selling templates on GraphicRiver — a marketplace where you can sell digital templates, vectors, and Adobe add-ons — to diversify my income. In Romania, I pivoted my freelancing efforts from creating printable graphics to designing templates for clients' branding, web design, and 3D design. I was making five times as much from my template business as I was as a freelancer and it was less stressful. A well-designed website showcased my work and lent credibility to my business, helping attract clients and establish trust.

Persons: Ali Rahmon, —, I'd, TikTok, I've, It's Organizations: ESPN, Service, Sports, Twitter, Facebook, YouTube, Minnesota Timberwolves, Phoenix Suns, Los Angeles Kings, NBA Locations: Syrian, Romania, Syria, American

☆ 'No one's safe': Sixers cut Rivers after repeat playoffs disappointment
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +1 min

May 16 (Reuters) - Philadelphia 76ers head coach Doc Rivers was fired on Tuesday after a humiliating Game 7 loss to the Boston Celtics, as the team bounced out in the second round of the NBA playoffs for a third straight year. After Sunday's gut-wrenching 112-88 defeat in Boston, he told reporters he would stay, but acknowledged, "No one's safe in our business." Rivers is not alone: On Saturday the Phoenix Suns fired head coach Monty Williams - who won Coach of the Year in 2022 - after losing the conference semifinals for a second straight year. Williams led Phoenix to the NBA Finals in the 2020-21 season, where they lost to the Milwaukee Bucks. Reporting by Amy Tennery in New York Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

☆ US bankruptcy judge blocks NBA team Phoenix Suns' new TV deal
▼ + stars: | 2023-05-10 | by ( Dietrich Knauth | ) www.reuters.com time to read: +2 min

NEW YORK, May 10 (Reuters) - A U.S. bankruptcy judge on Wednesday blocked the NBA's Phoenix Suns from moving ahead with a television and streaming rights deal for its basketball games, saying the team violated the rights of its current broadcast partner, the bankrupt Diamond Sports Group. The Phoenix Suns last month announced they would broadcast future games to television and online streaming through a partnership with Gray Television Inc (GTN.N) and video technology startup Kiswe. The Suns' attorneys argued that its TV deal with Diamond expired with the end of the 2022-2023 regular season, and that the new deal would not interfere with Diamond's rights under its existing contract. "The Suns are saying one thing outside the court and another thing inside it," Lopez said. Financial terms of the Phoenix Suns' contracts with Diamond Sports and with Gray TV were kept sealed in bankruptcy court.

☆ Judge halts Suns' bid to exit bankrupt Diamond Sports network
▼ + stars: | 2023-05-10 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

A general view during the second half in Game Two of the NBA Finals between the Milwaukee Bucks and the Phoenix Suns at Phoenix Suns Arena on July 08, 2021 in Phoenix, Arizona. The Phoenix Suns' move to exit cable TV is no slam dunk. The Suns since 2011 have aired their regular season games on the Diamond owned and Bally's-branded regional sports network, which was previously under the Fox Sports banner. He added the Suns and Diamond must come to a consensual agreement and find an appraiser to move the process forward. However, the judge found that the Suns moved too quickly to announce the deal in late April without proper communication with Diamond Sports.

☆ Nikola Jokić makes history with triple-double to lead Denver Nuggets to big Game 5 win leaving Phoenix Suns on the ropes
▼ + stars: | 2023-05-10 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —Nikola Jokić made history with a triple-double on Tuesday night to lead the Denver Nuggets to a comfortable 118-102 Game 5 win in their Western Conference playoff series against the Phoenix Suns. The Nuggets were spearheaded as usual by Jokić, who created yet more history with his excellent all-around performance. Brown provided a key thrust for Denver throughout, scoring 25 points off the bench, something Jokić was keen to praise. Devin Booker led the way for the Suns with 28 points while Durant added 26 points, 11 rebounds and seven assists. The home team has now won every game in the series so far, with Game 6 taking place in Phoenix on Thursday.

☆ An MVP Shoves. An NBA Team Owner Falls. The Basketball World Decides: ‘Flop or Foul?’
▼ + stars: | 2023-05-08 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

In the NBA playoffs, players will do anything for an edge. But what about team owners? That question came up almost halfway through Sunday night’s game between the Denver Nuggets and Phoenix Suns. After Phoenix’s Josh Okogie sailed into the courtside seating to chase a loose ball, Denver star Nikola Jokic rushed to collect it, hoping to inbound the ball before Okogie had recovered. When Jokic tried to pry it from a spectator’s hands in Phoenix’s Footprint Center, a comedy of retaliatory gamesmanship ensued.

☆ Jokic fined $25,000, will not be suspended for Ishbia incident
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +1 min

May 8 (Reuters) - Denver Nuggets center Nikola Jokic will not face a suspension after making contact with Phoenix Suns owner Mat Ishbia during Game 4 of their conference semi-finals playoff series on Sunday. The NBA handed Jokic a $25,000 fine after he made contact with Ishbia in an attempt to take the game ball away from him and again when the game ball went further into the crowd at Phoenix's Footprint Center. The Suns won Game 4 129-124 to level the series. Ishbia previously said on Twitter that Jokic, a two-time MVP, should not receive a suspension. I have a lot of respect for Jokic and don’t want to see anything like that," he said.

☆ Ronaldo tops Forbes' highest-paid athletes list in 2023 after Saudi move
▼ + stars: | 2023-05-02 | by ( ) www.reuters.com time to read: +2 min

May 2 (Reuters) - Cristiano Ronaldo became the world's highest-paid athlete after his move to Saudi Arabian side Al-Nassr nearly doubled his annual playing salary while Paris St Germain duo Lionel Messi and Kylian Mbappe round off the top three, according to Forbes. Ronaldo, who joined the Saudi soccer club on a deal until 2025 after leaving Manchester United last year, earned $136 million with Forbes saying his annual playing salary went up to an estimated $75 million. Ronaldo's contract has been estimated by media to be worth more than 200 million euros ($219.98 million). Los Angeles Lakers player and NBA great LeBron James ($119.5 million) and Mexican boxer Canelo Alvarez ($110 million) rounded out the top five. Four-times NBA champion Stephen Curry ($100.4 million) and Phoenix Suns' Kevin Durant ($89.1 million) are the other two basketball players on the list.

☆ Nikola Jokic Gets More Kicks—Literally—Than Anyone in Basketball History
▼ + stars: | 2023-05-02 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

Nikola Jokic has always been a spectacle on offense. Despite his non-chiseled build and lack of top-percentile athleticism—six-feet-11 and 284 pounds, without much foot speed or vertical leap to speak of—the Denver Nuggets’ center plays basketball like a ballet dancer. In the opener of their conference semifinal against the Phoenix Suns on Saturday, Jokic flung his usual inch-perfect passes and twirled through the lane, leading Denver to their first win in what became, Monday night, a 2-0 series lead. On defense, though, Jokic tends to be as lumbering as he is graceful at the other end. Most opposing dribblers can edge past the twice-reigning MVP, and almost everyone in the NBA can outjump him.

☆ Dimmed Suns hope to recapture fire at home against Nuggets
▼ + stars: | 2023-05-02 | by ( ) www.reuters.com time to read: +2 min

May 2 (Reuters) - The Phoenix Suns return to the Valley with the grim task of turning around their Western Conference semi-final campaign against the Denver Nuggets on Friday, with star point guard Chris Paul's future uncertain. After the Nuggets humbled them 125-107 in Saturday's opener, the Suns improved their defense but little else in Monday's Game 2, losing 97-87. CURRY VS. LEBRONElsewhere in the playoffs picture, a star-studded California clash between LeBron James' Los Angeles Lakers and defending champions Golden State Warriors kicks off in San Francisco on Tuesday. Philadelphia star James Harden equalled his career playoff high 45 points on Monday and will need another high-caliber performance for Game 2 in Boston on Wednesday with Embiid's future unclear. Philadelphia head coach Doc Rivers told reporters their ability to win without Embiid was a testament to his players' preparedness.

☆ The business case for green sports stadiums and arenas is growing
▼ + stars: | 2023-04-29 | by ( Ian Thomas | ) www.cnbc.com time to read: +7 min

A general exterior view of Climate Pledge Arena before the game between the Seattle Kraken and the Carolina Hurricanes on October 17, 2022. Much like the broader world of commercial real estate, arenas, and stadiums have been slowly adopting sustainable practices over the last few decades, from recycling programs to energy efficiency efforts. That led to what has become the Climate Pledge Arena. AMBSE has even created a "playbook" for other stadium operators to follow if they also want to get to zero waste. It's reached a level of critical mass where people have moved past greenwashing, and they're making substantive changes to their business practices," Cannon said.

☆ Phoenix Suns and Mercury will air games on free TV and streaming, becoming first teams to break with bankrupt broadcaster Diamond Sports
▼ + stars: | 2023-04-29 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +4 min

The Phoenix Suns and Mercury have become the first teams to move on from the troubled broadcaster Diamond Sports Group. The NBA and WNBA's Suns and Mercury will show their games on TV and streaming going forward. The price of the streaming service hasn't been announced yet, but the teams said fans will be able to watch the Mercury for free for at least the first season. Diamond said the move violates bankruptcy law and previous contracts with the teams that expired recently, the AP reported. Suns CEO Josh Bartlestein told ESPN Diamond's claims were "inaccurate," and it wouldn't stop the teams from moving forward with the new agreement.

☆ Phoenix Suns and Mercury ditch cable for local network and streaming
▼ + stars: | 2023-04-28 | 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 EmailPhoenix Suns and Mercury ditch cable for local network and streamingHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Pat Laplatney, Gray TV co-CEO, joins the show to discuss the Phoenix Suns cutting the cord.

☆ Durant signs 'lifetime contract' with Nike
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +1 min

April 28 (Reuters) - Phoenix Suns' Kevin Durant has signed a 'lifetime contract' with sportswear giant Nike, the NBA star said on Friday, following in the footsteps of greats Michael Jordan and LeBron James as the only basketball players to have lifetime deals. Durant, 34, has been with Nike since he made his NBA debut in 2007 -- the season he won the Rookie of the Year award -- and has released 15 different pairs of basketball sneakers. "When I first signed with Nike, I couldn't have dreamed of how far we'd go in this partnership. We've done amazing work creatively and philanthropically," Durant, a twice NBA champion and 13-times All Star, said in a statement via Boardroom. Nike has supported Durant's involvement in grassroots basketball by helping refurbish courts in communities across the world through the Durant Family Foundation.

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