Tag: NBA
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NBA-Clippers lose five first-round draft picks, fined $30 million after Leonard probe
Sept 2 : The NBA came down hard on the Los Angeles Clippers, stripping the team of five first-round draft picks, imposing a $30 million fine and suspending owner Steve Ballmer for a year over salary cap circumvention tied to Kawhi Leonard.After a year-long probe, the NBA said in a statement on Wednesday that
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NBA-Clippers to forfeit five draft picks, fined $30 million after Leonard probe
Sept 2 : The Los Angeles Clippers will forfeit five first-round draft picks and pay a $30 million fine for violating salary cap circumvention rules involving Kawhi Leonard, the NBA said on Wednesday while also suspending team owner Steve Ballmer.After a year-long probe, the NBA said in a press release that an
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Here’s how the Los Angeles Lakers’ $12.5B sale impacts the value of all 30 NBA teams
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenu The record-breaking sale of the Los Angeles Lakers is being felt far beyond Hollywood. The pending $12.5 billion sale by
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Nelson, Hall of Fame coach and five-time NBA champion as a player, dies at 86
Aug 9 : Hall of Famer Don Nelson, who won five NBA titles as a player and was a three-time Coach of the Year, has died at 86, his family said on Sunday.Nelson ranks second in NBA history with 1,335 regular-season coaching wins, behind Gregg Popovich, after a 31-year coaching career with the Milwaukee Bucks,…
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NBA-LeBron James joining Philadelphia 76ers for title shot in ‘last decision’
July 24 : LeBron James has decided to join the Philadelphia 76ers for the final chapter of his NBA career, he said on Friday, forgoing bigger paydays for one more shot at a championship with a franchise that has not won a title in 43 years.The league’s all-time leading scorer, who had the basketball world…
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NBA-LeBron James to join Philadelphia 76ers for record-extending 24th NBA season
July 24 : LeBron James announced on Friday his decision to join the Philadelphia 76ers for his record-extending 24th NBA season with hopes of helping the franchise snap a 43-year championship drought.The league’s all-time leading scorer spent the last eight seasons of his glittering career with the Los Angel
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Has Nike lost its ‘cool’ factor? LeBron James weighs in
Nike’s stock has slumped as the sportswear giant faces new competitors and waning influence. LeBron James has some advice on how to regain its ‘cool’ factor.
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Wembanyama signs multi-year contract extension with Spurs
July 10 : The San Antonio Spurs have signed Frenchman Victor Wembanyama to a multi-year contract extension, the team said on Friday.Financial details of the deal were not disclosed.”Spurs family, I’m here to stay. Whatever it takes,” the 22-year-old wrote on social media. Wembanyama became th
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NBA-Raptors pause planned Leonard trade amid NBA probe involving Clippers
TORONTO, July 9 : The Toronto Raptors have put their planned trade for Kawhi Leonard on hold as a result of the league’s investigation involving the Los Angeles Clippers, they said on Thursday. According to the Raptors, the NBA league office told them they would assume the risk of any potential outcome of t
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NBA-LeBron thanks Lakers ahead of free agency departure: ‘Hope I made a few proud’
June 30 : LeBron James thanked the Los Angeles Lakers on Tuesday for allowing him to wear the storied team’s purple and gold colours after the NBA club wished “one of the greatest athletes in history” all the best in his impending free agency.The four-time NBA champion and league’s all-time leading scorer has
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