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Durant Joins Irving, Knicks Stand Pat: The NBA Sees Huge Shakeup In Free Agency
Monday, July 1, 2019 - 12:38pm | 488The movement of players in the NBA’s offseason free agency period is so riveting it can rival the play on the court. With over $3 billion in deals made in just one day, this year's NBA free agency is arguably the most exciting one yet, with Kevin Durant and Kyrie Irving set to join the...
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No Longer Taboo: Jeanie Buss, John Skipper And More Talk Sports Betting
Monday, April 8, 2019 - 1:13pm | 588The reversal of PAPSA, the federal government’s ban on sports betting, is arguably the biggest catalyst for growth in professional sports today, and it's no longer taboo for team owners to talk about the excitement that comes with legalized gambling. Los Angeles Lakers co-owner Jeanie...
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What LeBron's Move To The West Coast Means For His Business Empire
Thursday, October 18, 2018 - 4:33pm | 669With the NBA season officially underway, all eyes will be on LeBron James and the new-look Los Angeles Lakers. Many have called James' decision move to the West Coast as much of a business decision as it was a basketball decision, as the superstar looks to expand his media empire and compete...
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Lakers Ticket Prices Skyrocket As LeBron James Moves Into Town; Home Opener Up 640%
Monday, July 2, 2018 - 2:32pm | 384LeBron James has lifted more than just the LA Lakers' probability of winning an NBA championship. Lakers ticket prices skyrocketed immediately after Decision 2 went down Sunday, although it was a little less dramatic than the time before. The Lakers' odds to win the 2019 NBA...
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Showtime Returns? Lonzo Ball Helps Put Lakers Back In The NBA Spotlight
Thursday, October 19, 2017 - 2:21pm | 536The world of sports in 2017 finds itself in quite a pickle, positioned precariously between a glorious homerun and a devastating strikeout. While the NFL is in the midst of a rocky start to the season, the NBA has arguably never been stronger. From jerseys to the players themselves, the NBA is the...
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How Successful Can Magic Johnson Be?
Monday, February 27, 2017 - 10:02am | 723Los Angeles Lakers fans couldn’t be more thrilled by the team’s latest move, and it wasn’t on the court. Laker legend Magic Johnson has been named the President of Basketball Operations as longtime general manager Mitch Kupchak was fired. Johnson has already made a splash in his...
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NBA Payroll Set For Large Increase
Friday, June 24, 2016 - 9:41am | 291The 2016 NBA draft is underway and with longtime consensus #1 pick Ben Simmons going to the Philadelphia 76ers. Simmons, a versatile 6'10" forward from Australia has been projected as the top selection in the league for some time. At the NBA draft, Commissioner Adam Silver announced the 2016 NBA...
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Nike And Kobe Bryant Have Been Very Good For Each Other
Thursday, April 14, 2016 - 12:41pm | 380Wednesday night was Kobe Bryant's final NBA game. He scored 60 points on 50 shots. You may have heard about it. As successful as he's been on the court - five NBA championships, third-leading scorer of all time - he's been a huge star off it, especially for Nike Inc (NYSE: NKE)....
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The Highest-Paid Athletes In The World
Tuesday, January 27, 2015 - 8:24am | 486The Washington Nationals signed former Cy Young Award-winning pitcher Max Scherzer to an astounding $210 million, seven-year contract last week. After a record-setting $50 million signing bonus is included, Scherzer’s contract is worth an average of $30 million per year. Incredibly,...
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Turmoil In Los Angeles: Sports Business Wrap For The Week of April 28
Sunday, May 4, 2014 - 5:54pm | 434Top Stories NBA Bans Donald Sterling For Life Commissioner Adam Silver came down strongly on the Los Angles Clippers owner, fining Sterling the maximum allowable fine and banning him from the Clippers and the NBA forever. The league owners will hold a vote that will determine whether or not...
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Sports Business Wrap For The Week Of April 14
Friday, April 18, 2014 - 1:08pm | 745Top Stories Milwaukee Bucks Sold To Hedge Fund Managers For $550 Million The Bucks finished the season with the NBA's worst record (15-67), the team's ninth season in the last 10 years with a sub-.500 record. Enter Marc Lasry and Wesley Edens. Lasry is the chairman and CEO of the Avenue Capital...