Tsai already owns 49 percent of the Brooklyn N.B.A. team, but is close to buying out the majority owner, Mikhail Prokhorov. The team is valued at a record $2.35 billion. Source: NYT > Business – Kevin Draper and Benjamin Hoffman
A First Look at the Clippers’ New Inglewood Arena
If everything goes according to team owner Steve Ballmer’s plan, the Clippers will be playing in a brand new, 18,500-seat arena starting in 2024. After years of discussions and legal wrangling, initial renderings of the new arena have now been released, revealing a sweeping glass-and-metal structure, designed by local architecture and engineering firm AECOM. “My […]
Meet the Money Whisperer to the Super-Rich N.B.A. Elite
Who do Klay Thompson and other N.B.A. stars trust to manage their wealth? A guy who knows how to rebound with $8,000 stuffed into his underwear. Source: NYT > Business – Devin Gordon
Play About LeBron James to Highlight New Steppenwolf Season
Sure, LeBron is doing another “Space Jam” movie. But a play about LeBron is also heading to Chicago. Source: NYT > Business – SOPAN DEB