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☆ LeBron James signs trading card deal with Fanatics Collectibles, leaving Upper Deck
▼ + stars: | 2024-01-10 | by ( Jessica Golden | ) www.cnbc.com time to read: +1 min

LeBron James is moving his trading card sponsorship to Fanatics Collectibles after more than 20 years with rival Upper Deck. Fanatics will kick off the deal by selling a unique Bowman brand card featuring a dual autograph of the National Basketball Association legend and his son Bronny. The multiyear deal will mean new inventory of signed James trading cards. It also shakes up the balance of power in the recently revived sports memorabilia and trading card industry. Fanatics Collectibles, under Michael Rubin's $31 billion sports platform company Fanatics, purchased Topps in 2022 for $500 million.

Persons: LeBron James, Bronny, James, James hasn't, Mike Mahan, Michael Rubin's Organizations: Bowman, National Basketball Association, Topps

☆ Big M&A and Bob Iger's future: 13 media executives make their anonymous 2024 predictions
▼ + stars: | 2023-12-20 | by ( Alex Sherman | ) www.cnbc.com time to read: +14 min

Executive 2: Bob Iger will, again, extend his contract as Disney CEO Earlier this year, Disney CEO Bob Iger renewed his contract through 2026. This executive predicted "fool me five times, shame on me." This executive predicted Peltz and Rasulo will win their campaign and both join the board. This person predicted Disney would purchase privately held Candle Media to acquire Moonbug Entertainment, the owner of CoComelon. This executive predicted Yaccarino would either lose patience or find her job increasingly pointless and leave the company in 2024.

Persons: Andrew Ross Sorkin, Walt Disney Company Bob Iger, Michael M, David Zaslav, Slaven Vlasic, NBCUniversal, Brian Roberts, Roberts, Donna Langley, Bob Iger, Iger, Nelson Peltz, Jay Rasulo, Marco Bello, Peltz, Rasulo, Disney's, Dana Walden, Dana Walden Jason Laveris, Disney Entertainment Dana Walden, Walden, Bob Chapek, Andrew Wilson, Wilson, Chris Licht wouldn't, McCarthy, Andrew Wilson Michael Newberg, Kevin Mayer, Mayer, Bryan van der Beek, Tom Staggs, Staggs, Jayson Tatum, Kyle Terada, NBCUniversal's Peacock, Alec Martinez, Gray, Discovery's Max, Jeff Zucker, Lady Michelle Obama's, Michelle Obamas, Cheriss, Gerry Cardinale, Jeff Shell, RedBird, Shari Redstone's, David Ellison, Byron Trott, Zucker, Mark Thompson, Linda Yaccarino, X Linda Yaccarino, Vox, Jerod Harris, Yaccarino, CNBC's Julia Boorstin, Boorstin, Elon Musk's, Jason LaVeris, Barbie, Mario, Oppenheimer, LightShed's Greenfield Organizations: Walt Disney Company, New York Times, Santiago, Getty, Jazz, Lincoln Center, Warner Bros ., Comcast, Warner Bros, Discovery, Disney, Trian Fund Management, Future Investment Initiative, Summit, Bloomberg, Filmmagic, Disney Entertainment, Electronic Arts, CNBC, Candle Media, Iger, Media, Moonbug Entertainment, Apple Boston Celtics, Golden State Warriors, USA, National Basketball Association, NBA, Apple, The College, ESPN, College, NHL, MLB, Vegas Golden Knights, Florida Panthers, Mobile, National Hockey League, Diamond Sports Group, Scripps, Gray Television, Las Vegas Golden Knights, Arizona Coyotes, Phoenix Suns, Street Journal, Netflix, Hulu, Max, Paramount, RedBird, Paramount Global, CNN Worldwide, CNN, NurPhoto, BDT, The Ritz, Carlton, FilmMagic, Mario Bros Locations: New York City, Disney, Miami , Florida, Las Vegas , Nevada, Laguna Niguel, Dana Point , California

☆ Washington sports teams Capitals, Wizards to move to new Virginia complex in 2028
▼ + stars: | 2023-12-13 | by ( Drew Richardson | ) www.cnbc.com time to read: +1 min

watch nowThe National Hockey League's Washington Capitals and the National Basketball Association's Washington Wizards are slated to move to Alexandria, Virginia, as part of a $2 billion entertainment complex effort, the state's Gov. The development, about 8 miles south of Washington, D.C., will house the new global headquarters for Monumental Sports & Entertainment, which owns the Capitals and Wizards, as well as the new home arena for the teams. Glenn Youngkin answers questions following the announcement of a new sports arena for the Washington Wizards NBA basketball team and Washington Capitals NHL hockey team, December 13, 2023 in Alexandria, Virginia. Win Mcnamee | Getty Images News | Getty Images"This is the most visionary sports and entertainment development in the world. Legislators will have to greenlight the creation of the complex in the next Virginia General Assembly session.

Persons: Glenn Youngkin, Win Mcnamee, Youngkin Organizations: Hockey League's Washington Capitals, National Basketball, Washington Wizards, Washington , D.C, Monumental Sports & Entertainment, Capitals, Wizards, Virginia Gov, Washington Wizards NBA, Washington Capitals NHL, Getty, Virginia General Locations: Alexandria , Virginia, Washington ,, Commonwealth, Virginia

☆ 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

☆ Two former NBA players are convicted over roles in health care fraud
▼ + stars: | 2023-11-15 | by ( Jonathan Stempel | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +2 min

Aug 17, 2019; Dallas, TX, USA; Power power forward Glen Davis (0) during the game at the American Airlines Center. Glen Davis, 37, who played for three NBA teams and won a championship in 2008 with the Boston Celtics, was convicted on four counts including wire fraud, health care fraud, conspiring to commit fraud, and conspiring to make false statements. Will Bynum, 40, who played for three teams including the Detroit Pistons, was found guilty of conspiring to make false statements, but acquitted on a fraud conspiracy charge. At least two dozen people including 19 former NBA players, a dentist, a doctor and a chiropractor were implicated in the fraud scheme, with charges first announced in October 2021. Williams, who played with the New Jersey Nets and three other teams, pleaded guilty over his role last year.

Persons: Glen Davis, Jerome Miron, Will Bynum, Damian Williams, Sabrina Shroff, Davis, Victor Henderson, Mr, Bynum, Terrence Williams, Williams, Jonathan Stempel, Stephen Coates Organizations: American Airlines Center, National Basketball Association, NBA, Boston Celtics, Detroit Pistons, U.S, Attorney, Prosecutors, New Jersey Nets, Thomson Locations: Dallas , TX, USA, Manhattan, Beverly Hills, Nevada, Encino , California, New York

☆ Mexican fans dream of an NBA franchise as the league promises expansion
▼ + stars: | 2023-11-10 | by ( Angelica Medina | ) www.reuters.com time to read: +3 min

Nov 9, 2023; Mexico City, MEX; A general overall view of the 2023 NBA Mexico City Game between the Orlando Magic and the Atlanta Hawks at the Arena CDMX. "(We want) a bigger footprint here in Latin America, ultimately, the dream of an NBA franchise coming to Mexico City one day," said Silver at a press conference. "Our goal is for the 30 NBA teams to play in here in Mexico City. A UNIQUE EXPERIENCEThe prospect of a Mexican franchise and more regular season games is exciting for local fans. ($1 = 17.6379 Mexican pesos)Reporting by Angelica Medina in Mexico City, additional reporting Amy Tennery Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

Persons: Kirby Lee, Adam Silver, Silver, Bruno Fernando, Guerrero, Scottie Pippen, Orlando, Carlos Alcaraz, Josue, Angelica Medina, Amy Tennery, Christian Radnedge Organizations: Mexico City, Orlando Magic, Atlanta Hawks, USA, MEXICO CITY, National Basketball Association, NBA, NBA G League, Hawks, Chicago Bulls, Reuters, U.S, Ticketmaster, New York Knicks, Thomson Locations: Mexico City, MEX, Mexico, MEXICO, Central, America, Canada, Acapulco, Queretaro

☆ Giannis Antetokounmpo takes courtside seat after being ejected for a controversial technical foul in Bucks win
▼ + stars: | 2023-11-09 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +3 min

CNN —Milwaukee Bucks star Giannis Antetokounmpo was ejected from Wednesday’s 120-118 win over the Detroit Pistons for “two unsportsmanlike technical fouls,” before the ‘Greek Freak’ gave some fans quite the unique experience. He had received the initial technical foul in the first quarter for using profanity towards the referees. “And he was ejected from the game, per rule, because two unsportsmanlike technical fouls, you are ejected from the game.”The official National Basketball Association (NBA) rulebook says: “If a player blatantly taunts an opponent, a technical foul shall be assessed. The ejection also drew headlines given the NBA’s recent commitment to ensuring its star players are on the court as much as possible. Before his ejection, Antetokounmpo contributed 15 points, 10 rebounds, five assists and three blocks.

Persons: Giannis Antetokounmpo, ”, ’, Isaiah Stewart, Stewart, Antetokounmpo, GIANNIS, odney, ott Organizations: CNN, Milwaukee Bucks, Detroit Pistons, Pistons, ust Locations: Milwaukee

☆ ESPN shows strength as Disney's other networks report lower revenue
▼ + stars: | 2023-11-08 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

That compares to Disney+ and Hulu, Disney's other streaming services, which lost $420 million in the quarter. "It's on a great trajectory," Iger said about ESPN, in an interview with CNBC's Julia Boorstin on Wednesday. While linear network advertising fell, ESPN advertising had a "modest increase" in the quarter, Disney said in its earnings statement. Disney has also had discussions with other technology companies "that can add either marketing support, technology support or possibly content support," Iger said in a CNBC interview Wednesday. 1 brand on TikTok with about 44 million followers, which is an incredible statistic," Iger said during Disney's earnings conference call.

Persons: foundering, Bob Iger, Iger, CNBC's Julia Boorstin, That's, Disney Organizations: ESPN, Disney, Revenue, ESPN isn't, National Football League, National Basketball Association, National Hockey League, Major League Baseball —, CNBC Locations: Hulu

☆ From Travis Kelce to Serena Williams, how 4 top athletes spent their first big paychecks
▼ + stars: | 2023-11-04 | by ( Mike Winters | ) www.cnbc.com time to read: +4 min

Travis Kelce before a game against the Los Angeles Chargers on October 22, 2023 in Kansas City, Missouri. Travis Kelce has made more than $70 million throughout his career in the National Football League, but he still remembers how he spent his first paycheck. Kelce says he spent around $10,000 on the limited-edition sneaker, which are replicas of the futuristic shoes Michael J. "I spent way too much money in clubs, and I was avoiding the rent lady," he said. Following a five-year $46 million contract extension in 2016, Kelce signed another four-year extension in 2020, worth just over $57 million.

Persons: Travis Kelce, Marty McFlys, Kelce, Michael J, Fox, I've, Jason Kelce, Shaquille O'Neal, Mercedes Benz, O'Neal, Klay Thompson, Maverick Carter, Thompson, Carter, Serena Williams Organizations: Los Angeles Chargers, National Football League, Nike Air MAG, Nike, Philadelphia Eagles, Forbes, Basketball Association, Washington State University, Del Mar, Target Locations: Kansas City , Missouri, Del, U.S, Bahamas

☆ Disney's ESPN could be valued at $24 bln, likely buyers include Apple, Verizon - BofA
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +2 min

Toy figures of people are seen in front of the displayed Disney + logo, in this illustration taken January 20, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 1 (Reuters) - Walt Disney's ESPN sports network could secure an enterprise value of $24 billion and attract investment interest from sports leagues, tech firms like Apple and telecom majors including Verizon, according to BofA Global Research. Benefits to prospective buyers, however, appear "nebulous", BofA said. "ESPN is still a strong business and a premier brand, but it sits at the nexus of possible major business transformation. Reporting by Chavi Mehta in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Walt Disney's, Bob Iger, Jessica Reif Ehrlich, BofA, Chavi Mehta, Anil D'Silva Organizations: REUTERS, Walt Disney's ESPN, Apple, Verizon, BofA Global Research, ESPN, Disney, National Football League, National Basketball Association, Comcast, Thomson Locations: Bengaluru

☆ Sam Bankman-Fried grilled on 'cozy' relationship with Bahamas officials
▼ + stars: | 2023-10-31 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +3 min

REUTERS/Jane Rosenberg Acquire Licensing RightsNEW YORK, Oct 31 (Reuters) - FTX founder Sam Bankman-Fried was grilled on Tuesday about what a U.S. prosecutor called his "cozy" relationship with officials in the Bahamas, where the cryptocurrency exchange was based before its November 2022 collapse. Sassoon asked. Bankman-Fried testified on Tuesday he could not remember whether he offered to pay off the Bahamas' national debt. Sassoon at one point asked Bankman-Fried whether he had "cultivated a cozy relationship" with the Bahamian government - a question to which the defense objected. Bankman-Fried testified that he had spent time with Bahamian officials and became close with "some of them."

Persons: Sam Bankman, Fried, Danielle Sassoon, Jane Rosenberg, Sassoon, Gary Wang, Bankman, District Judge Lewis Kaplan, Luc Cohen, Will Dunham Organizations: REUTERS, Alameda Research, FTX's, Miami Heat National Basketball Association, Bahamian, District, Thomson Locations: New York City, U.S, Bahamas, Manhattan, Alameda, Washington, New York

☆ NBA and NHL broadcasts are coming soon to immersive ‘shared reality’ domes
▼ + stars: | 2023-10-31 | by ( Alex Sherman | ) www.cnbc.com time to read: +5 min

In this article WBD Follow your favorite stocks CREATE FREE ACCOUNTCosm's shared reality dome concept for viewing live sports broadcasts. Discovery and Cosm, a privately held company that specializes in immersive technology, are about to make "shared reality" a reality for sports fans. The Cosm venues will feature domes with 360 degree, 87 foot diameter 8K LED screens that are similar in concept to James Dolan's Las Vegas Sphere, which debuted in September. Ours is more of a smaller format and really focused on live sports and live programing — like you're absolutely there." Terry's first priority is to use the TNT Sports deal as a template to get more live sports rights into the venues for fans.

Persons: Cosm, James Dolan's, they've, Jeb Terry, Tayfun, Steve Winn, RealPage, Thoma, Terry, He's, Evans & Sutherland, There's, Raphael Poplock, Poplock, it's Organizations: Warner Bros ., Dallas —, TNT, NBA, CNBC, Anadolu Agency, Getty, National Basketball Association, National Hockey, Women's National Soccer Team, Mirasol, Thoma Bravo, National Football League, Tampa Bay Buccaneers, Fox Sports, Evans &, Warner Bros, NHL, HBO, Max, TNT Sports, Turner, Entertainment Locations: Los Angeles, Dallas, Las Vegas

But the action that will have longer-term ramifications for the league, and the media and entertainment landscape, is happening off the court. The companies holding the rights to show N.B.A. Discovery, the parent company of TNT — are collectively paying the league $24 billion over nine years for that privilege. Interest rates are high, Wall Street is demanding profitability over growth, and streaming has reconfigured the entertainment industry. The result of the N.B.A.’s negotiations will say a lot about the future of broadcast networks, the cable bundle, streaming services and the sports media ambitions of technology companies.

Persons: LeBron James, Nikola Jokic Organizations: Basketball, Disney, ESPN, ABC, Warner Bros, TNT

☆ Griner receives WNBA Cares Community Assist Award
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +2 min

May 21, 2023; Phoenix, Arizona, USA; Phoenix Mercury center Brittney Griner (42) reacts after scoring against the Chicago Sky in the second half at Footprint Center. Mandatory Credit: Rick Scuteri-USA TODAY Sports/File Photo Acquire Licensing RightsOct 27 (Reuters) - Phoenix Mercury center Brittney Griner has received the season-long WNBA Cares Community Assist Award in part for her continued work in championing the safe return of wrongful detainees overseas, the league said on Friday. Throughout the 2023 WNBA season, Griner, who was freed from a Russian penal colony in a high-profile prisoner exchange last year, worked with Bring Our Families Home, a campaign that helps spread awareness about wrongfully detained Americans. "I know the opportunity, privilege and responsibility I have to make a difference in the lives of others, and I'll always remain committed to that," Griner said in a WNBA news release. During the season, Griner and the Mercury also hosted families and friends of wrongful detainees at their games.

Persons: Rick Scuteri, Griner, Viktor Bout, Frank Pingue, Ken Ferris Organizations: Phoenix Mercury, Chicago Sky, Footprint Center, Mercury, Griner, BG, Phoenix Rescue, National Basketball Association, Russia, Thomson Locations: Phoenix , Arizona, USA, Russian, Phoenix, Moscow, Ukraine, Toronto

☆ The NBA is back and expanding its global reach. Here's how
▼ + stars: | 2023-10-25 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +3 min

As the National Basketball Association's new season tips off this week, the league is seeing more international interest than ever. The NBA said it expects fans from more than 200 countries to tune in to games in more than 50 languages this season, with interest across international markets increasing significantly from last season. Global business accounts for about 10% of total team and league revenue, according to a person familiar with the matter. A significant factor driving the surge in international interest is the number of international players taking part in the league this season, according to Samantha Engelhardt, the NBA's senior vice president of global strategy and innovation. This season, all 30 NBA teams feature at least one international player, and 15 international players on opening-night rosters have been NBA All-Stars.

Persons: Nikola Jokic, Bones Hyland, Norman Powell, wasn't, Matt Brabants, Samantha Engelhardt, Nikola Jokić, Giannis Antetokounmpo, Victor Wembanyama, " Engelhardt, it's, Jokić Organizations: Denver Nuggets, Los Angeles Clippers, Crypto.com Arena, Basketball, NBA, Global, Milwaukee Bucks, San Antonio Spurs, Nuggets Locations: Los Angeles, India, Serbia, Greece, France

☆ NBA 'first class' in China despite past turbulence, says Yao
▼ + stars: | 2023-10-25 | by ( Amy Tennery | ) www.reuters.com time to read: +2 min

President of Chinese Basketball Association and Ice and Snow Sports Promotion Ambassador Yao Ming attends a media event ahead of the Beijing 2022 Winter Olympics in Beijing, China January 17, 2022. REUTERS/Yew Lun Tian/File Photo Acquire Licensing RightsNEW YORK, Oct 25 (Reuters) - The National Basketball Association (NBA) and China may have encountered turbulence in their relations over the years but retired great Yao Ming told Reuters the league is still "first class" in his home country. Yao propelled the league's popularity in his home country but relations between China and the NBA have not always been smooth. "I have to say, the NBA is in the first class... (because) you know the players being exposed in China for so long," Yao said, when asked about the past issues between China and the NBA. "The players, the teams (are) all still very well welcome in China and (we had) a couple of players with (in) China just this past summer."

Persons: Yao Ming, Yao, Daryl Morey, Dwight Howard, Kyle Anderson, Jimmy Butler, Adam Silver, Silver, Peng Shuai, Peng, Amy Tennery, Echo Wang, Christian Radnedge Organizations: Chinese Basketball Association and, Snow Sports, REUTERS, National Basketball Association, Reuters, Chinese Basketball Association, Houston Rockets, NBA, Minnesota Timberwolves, FIBA, Miami, Women's Tennis Association, Thomson Locations: Beijing, China, United States, Hong Kong, Taiwan, New York

☆ Wembanyama is a talent beyond compare, says Yao
▼ + stars: | 2023-10-25 | by ( Amy Tennery | ) www.reuters.com time to read: +1 min

NEW YORK, Oct 25 (Reuters) - France's Victor Wembanyama possesses a talent that defies comparison, retired great Yao Ming told Reuters, as the seven-foot four-inch (2.24-metre) rookie makes his highly anticipated National Basketball Association (NBA) regular-season debut on Wednesday. "I never see a big guy like, you know, (who) can do such a thing like he does," said Yao, an eight-times NBA All-Star who stands two inches (five cms) taller than Wembanyama. Yao spent his entire NBA career with the Houston Rockets and remains an iconic figure of Chinese sport after fuelling the popularity of the NBA in his home country. The Hall of Famer was reluctant to offer advice to Frenchman Wembanyama, who enters the NBA at a time of unprecedented international participation in the league. "He has his own expedition to go (on)," said Yao, who was travelling to New York as part of a some 30-person Chinese delegation this week.

Persons: Victor Wembanyama, Yao Ming, LeBron James, Yao, Frenchman Wembanyama, I'm, Amy Tennery, Echo Wang, Clare Fallon Organizations: Reuters, Basketball Association, San Antonio Spurs, Texan, Dallas Mavericks, NBA, Houston Rockets, Famer, Thomson Locations: New York

☆ Knicks sign jersey patch deal with owner James Dolan's Sphere Entertainment
▼ + stars: | 2023-10-24 | by ( Jessica Golden | ) www.cnbc.com time to read: +3 min

The National Basketball Association's New York Knicks are keeping it in the family for their next jersey patch sponsor. Madison Square Garden Sports announced Tuesday that Sphere Entertainment will become the NBA team's official jersey patch partner for the 2023-24 season. Terms of the jersey patch deal were not disclosed. The NBA's jersey patch sponsor program kicked off during the 2017-18 season and has been an important source of revenue for many clubs. Dolan reportedly was shopping around the jersey patch rights for $30 million, according to SBJ.

Persons: James Dolan, David Hopkinson, Micky Arison, Squarespace, Andrew Lustgarten, Dolan, SBJ, Patrick Rishe, Louis, Bob Dorfman Organizations: Association's New York Knicks, Madison, Garden Sports, NBA, Knicks, Boston Celtics, Garden, MSG Sports, Golden State Warriors, Brooklyn Nets, Los Angeles Lakers, Miami Heat, Carnival Cruise, Sports Business, Washington University, Pinnacle Advertising, CNBC Locations: Madison, Las Vegas, St

☆ NBA 2023-24 season: How to watch and everything you need to know
▼ + stars: | 2023-10-24 | by ( Ben Morse | ) edition.cnn.com time to read: +12 min

So before tip-off, here is everything you need to know ahead of the new NBA season. How to watchThe 78th NBA regular season will begin on Tuesday, October 24, running until Sunday, April 14, 2024. Games will be broadcast across TNT, ESPN, ABC, NBA TV and ESPN Radio in the US over the season, while NBA TV and NBA League Pass will broadcast games internationally. The dominant talking point of the NBA offseason was what color jersey Damian Lillard would be putting on this season. Holiday dribbles during the second half of the Celtics' preseason game against the New York Knicks.

Persons: There’s, Damian Lillard, Lillard, Giannis Antetokounmpo, Antetokounmpo, Adam Pantozzi, “ I’ve, I’ve, ’, Giannis, “, Sarah Phipps, ”, Jayson Tatum, Jaylen Brown, Porziņģis, Joe Mazzulla, Maddie Meyer, –, Joel Embiid, Nikola Jokić, Jamal Murray, Bruce Brown, Jeff Green, Bradley Beal, Devin Booker, Kevin Durant, Durant’s, didn’t, Beal, Frank Vogel, who’s, Larry O’Brien, Ja Morant, – Kawhi Leonard, Paul George –, Zion Williamson, Victor Wembanyama, Frenchman, Wembanyama, Gregg Popovich, LeBron James, Garrett Ellwood, Oklahoma City Thunder’s Chet Holmgren, Holmgren, Scoot Henderson –, Thompson, Ausar Organizations: CNN, National Basketball Association, NBA, TNT, ESPN, ABC, NBA TV, ESPN Radio, Portland Trail Blazers, Miami Heat, Milwaukee Bucks, Milwaukee, Trail Blazers, Boston Celtics, Lakers, Bucks, Milwaukee’s, Los Angeles Lakers, “, Oklahoma City Thunder, Eastern Conference, Celtics, New York Knicks, Philadelphia 76ers, Denver Nuggets, Denver, Jokić, Nuggets, Memphis Grizzlies, Phoenix Suns, Los Angeles Clippers, Golden State Warriors, Minnesota Timberwolves, New Orleans Pelicans, Dallas Mavericks, Suns, Grizzlies, Clippers, Pelicans, Warriors, Timberwolves, Mavericks, San Antonio Spurs, Spurs ’, Heat, Oklahoma City, Thunder, Summer League, Spurs, Houston Rockets, Detroit Pistons Locations: Las Vegas, Oregon, Boston, East, Sacramento Kings, Alamo City

☆ What Alex Rodriguez taught his daughters about recovering from major mistakes: ‘You have to stand up, take the hit’
▼ + stars: | 2023-10-23 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

When Alex Rodriguez's teen daughters make mistakes, he wants them to feel comfortable enough to come clean to their parents. The 48-year-old former Major League Baseball All-Star, who retired in 2016, has made his own share of high-profile mistakes. It felt particularly important for Rodriguez, whose father left his family when he was 10 years old. It can help relieve anxiety, teach that no one is perfect and model the good behavior of taking responsibility for your actions. It's unrealistic to expect your children to never make mistakes, Rodriguez adds: If his daughters never messed up, he'd worry "they're not pushing hard enough."

Persons: Alex Rodriguez's, Rodriguez, he'd, —, Rod Corp, Natasha, Mark Cuban, Warren Buffett Organizations: Major League Baseball, CNBC, Rod, National Basketball Association's Minnesota Timberwolves, University of Michigan, Global

☆ How the NBA Plans to Remake TV Deals and Net Billions of Dollars for Its Stars
▼ + stars: | 2023-10-18 | by ( Amol Sharma | Isabella Simonetti | ) www.wsj.com time to read: 1 min

The NBA wants to secure a big increase in media-rights fees—to help pay its star players—but its biggest TV partners aren’t looking to pony up big spending increases. Photo: Rocky Widner/NBAE/Getty Images)The stars of the National Basketball Association are taking to the court as a new season begins next week. Behind the scenes, the league has started talks to secure the billions of dollars in media-rights fees that will help pay their huge salaries. As the NBA enters its first media negotiations in a decade, its biggest partners, Disney ’s ESPN and Warner Bros. Discovery ’s TNT—which together pay about $2.6 billion a year— aren’t looking to pony up big spending increases.

Persons: Rocky Organizations: NBA, National Basketball Association, Disney ’, ESPN, Warner Bros, TNT

☆ StubHub sees 60% jump in ticket sales for NBA season as international interest surges
▼ + stars: | 2023-10-17 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +1 min

Anthony Davis, #3 of the Los Angeles Lakers, drives to the basket during the game against the Milwaukee Bucks at Crypto.com Arena in Los Angeles on Oct. 15, 2023. With the National Basketball Association season tipping off next week, StubHub sees ticket sales up nearly 60% compared to last year, with the Los Angeles Lakers returning to the top of the list as the most in-demand team. The ticket exchange's annual NBA preview breaks down the company's projections for the upcoming basketball season based on years of data, according to spokesperson Adam Budelli. Across the board, Budelli told CNBC that all teams are seeing an encouraging rise in demand this season, with international interest surging. Those international sales will be up 120% from last season, StubHub predicted, with the most popular countries attending NBA games including Australia, the United Kingdom and Brazil.

Persons: Anthony Davis, StubHub, Adam Budelli, Budelli, Nikola Jokić, Giannis Antetokounmpo, Victor Wembanyama Organizations: Los Angeles Lakers, Milwaukee Bucks, Crypto.com Arena, National Basketball Association, CNBC, NBA, Denver Nuggets, San Antonio Spurs Locations: Los Angeles, Australia, United Kingdom, Brazil

☆ San Francisco quarterback Brock Purdy makes nearly $1 million a year—but splits rent with a roommate and drives a Toyota SUV
▼ + stars: | 2023-10-09 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +3 min

San Francisco 49ers starting quarterback Brock Purdy, a captain on one of the league's two remaining undefeated teams, isn't one of them. He splits rent with one of his teammates, an offensive lineman, and drives a Toyota Sequoia SUV, he told NBC's "TODAY" last week. It has the the third-highest cost of living in the U.S., possibly contributing to Purdy's desire for a roommate. A one-bedroom apartment or condo's median monthly rent in San Francisco is $2,993 — 137% higher than the national median — according to Zillow data. And in baseball, New York Yankees star pitcher Gerrit Cole kept driving his 2006 Toyota Tacoma truck after signing a $324 million contract for a simple, logical reason: It still worked, he told NJ.com in 2021.

Persons: Brock Purdy, NBC's, Purdy, Rob Gronkowski, Gronkowski, Kawhi Leonard, Gerrit Cole, NJ.com, hasn't Organizations: National Football League, San Francisco 49ers, Toyota Sequoia, NFL, of Famer, CNBC, National Basketball Association, Sports Illustrated, San Antonio Spurs, New York Yankees, Toyota Tacoma, 49ers Locations: San Francisco, U.S

☆ NBA can shift the balance of power in media with its next rights deal
▼ + stars: | 2023-10-06 | by ( Alex Sherman | ) www.cnbc.com time to read: +10 min

Every media rights renewal for the NBA is an important event because it only happens about once a decade. But with the National Football League's media rights locked up until 2033, the NBA has a unique opportunity to play media kingmaker. CNBC first reported NBCUniversal's interest in again airing NBA games earlier this year. Carving up the piewatch nowThe NBA will have to balance demand against restricting supply to maximize the price for rights. Discovery's TNT, NBA TV, NBA League Pass or a regional sports network.

Persons: Jimmy Butler, Jamal Murray, Justin Edmonds, clamor, John Skipper, Ted Sarandos, Netflix hasn't, We've, Sarandos, that's, Netflix's Ted Sarandos, Jeff Kravitz, That's, Serbian Nikola Jokić, Victor Wembanyama, It's, Peacock, Michael Jordan, Discovery's Max, Aurelien Meunier, Kevin Durant Organizations: Miami Heat, Denver Nuggets, Ball Arena, Getty, Basketball, Comcast, Google, Apple, Netflix, YouTube, NBA, Disney, Warner Bros, Discovery, National Football, ESPN, Global, Slovenian Luka Dončić, Dallas Mavericks, San Antonio Spurs, NBCUniversal, NBC, CNBC, U.S, Metropolitans, Nielsen, Major League Soccer, Major League Baseball, ABC, TNT, NBA TV, Twitter Locations: Denver , Colorado, NBCUniversal, Hollywood , California, Australia, Brazil, Canada, France, Germany, Italy, Japan, Korea, Mexico, Spain, United Kingdom, United States, Slovenian, Serbian, Levallois, Perret, U.S

☆ NBA suspends player accused of exposing himself to sports psychologist
▼ + stars: | 2023-09-30 | by ( Kevin Dotson | ) edition.cnn.com time to read: +2 min

“Following that process, the league found that Primo engaged in inappropriate and offensive behavior by exposing himself to women. The Spurs terminated Primo’s contract last October in the wake of allegations made against him by a former sports psychologist, who was under contract with the team. The psychologist alleges the player exposed himself to her during therapy sessions. The Bexar County District Attorney’s Office told CNN the case is still under review. Primo has not played in the NBA since his release by the Spurs.

Persons: Joshua Primo, “ Primo, ”, Primo, Primo’s Organizations: CNN, National Basketball Association, San Antonio Spurs, Spurs, Sheriff’s, Attorney’s Office, NBA Locations: Bexar County (, Bexar County

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