After a report surfaced alleging Los Angeles Clippers owner Steve Ballmer tried to circumvent NBA salary-cap rules, commissioner Adam Silver stated he will exercise his “very broad powers.”
Read More Commissioner touts ‘very broad powers’ as NBA looks into Clippers
A group headed by Bill Chisholm is set to take control of the Boston Celtics after the NBA Board of Governors unanimously approved the sale on Wednesday.
Read More NBA clears Celtics’ $6.1 billion sale to Bill Chisholm
The $6.1 billion sale of the Boston Celtics to William Chisholm and partners is expected to close within the next two weeks.
Read More Report: Celtics’ $6.1B sale expected to close within two weeks
ESPN has reached a landmark deal with the National Football League to acquire NFL Network and other media assets in exchange for the NFL taking a 10% equity stake in the sports network.
Read More Disney’s ESPN to acquire NFL media assets in major deal
Just days before he was “stalked and nearly kidnapped,” according to local authorities, Memphis Democrat Mayor Paul Young had ironically emphasized the city’s safety, citing a “declining crime rate” as evidence.
Read More Tennessee: Memphis Democrat mayor who was ‘stalked’ and ‘nearly kidnapped’ had touted the safety of his city just days prior
The deal runs through the 2030-31 season and at $71.35 million marks the highest annual salary in NBA history.
Read More Report: Thunder sign SGA to record 4-year, $285M extension