Ownership Changes & Investment - The Lakers were valued at $10 billion, despite not owning their building, network, WNBA team, or hockey team [1] - Private equity and sovereign wealth funds are entering the sports business, providing liquidity for partners [1] - NBA owners meeting highlighted significant ownership changes, including potential changes for the Celtics and Lakers [2] - Private equity's involvement brings an expectation of operating like a real business, with a focus on eventual exit strategies [2]

"Sports taught me discipline, but tech taught me scale."NBA champion turned founder @RealTristan13 joins Disrupt 2025 to cover using AI to transform sports performance and medical research.Get your front row seat for Disrupt's kick-off in San Francisco Oct. 27: https://t.co/BNWF7oOWIZ ...

It wasn’t the publicity that the NBA wanted during the first week of the season https://t.co/yzVpg1aQPb ...

Prosecutors have detailed seven 2023 and 2024 NBA games they say were targets of bettors placing illegal wagers after they allegedly obtained insider information about players and games from people inside the NBA who were then profiting from the bets.https://t.co/BiuKtPXyZV https://t.co/tjzMWcAWZz ...

Player Contract & Future - Lionel Messi is extending his contract with MLS team Inter Miami through 2028 [1] - Messi bases his decision on his daily physical and mental state to continue playing for the club [1] - Messi feels very good during the year [1] - Messi and his family are happy in Miami [2]

Legal & Ethical Concerns - The NBA faces an insider trading saga due to criminal cases involving players and coaches [3] - Terry Rosier is accused of providing insider information for betting purposes, leading to a $200,000+ wager [1] - Chanty Bilips is charged in a case involving rigged high-stakes poker games backed by mafia families [2] - The Justice Department crackdown marks one of the largest sports betting investigations [3] Criminal Activities - Organized crime has penetrated professional basketball through insider betting and rigged games [1][2] - A network used modified shuffling machines and concealed cameras to predetermine poker hands [2] - The rigged poker games generated millions in profits [2] Financial Implications - Illegal conduct in sports betting poses significant risks to the legal gambling industry [3]

The baseball jersey worn by Hall of Famer Lou Garri for his final appearance at Yankee Stadium has sold at an auction for nearly $3 million. It was worn by the legendary first baseman during game two of the 1939 World Series. Garrick was diagnosed with ALS, also known as Lou Garri's disease, shortly after that.So he only played eight games that season before he retired and Gary died in 1941. ...

Legal & Ethical Concerns - The FBI is holding a press conference regarding a sports gambling bust [1] - Current and former NBA players and coaches (Chauncey Billups, Terry Rozier, and Damon Jones) have been arrested [1] - The arrests are related to illegal sports gambling activities [1]

FBI Director Kash Patel said Thursday at least 30 people, including current and former NBA players and coaches, were arrested in illegal sports betting schemes.They include the Miami Heat's Terry Rozier and Portland Trailblazers' Chauncey Billups https://t.co/wGHGQWC7VD https://t.co/WAzHRZ9NIR ...

At least three people with ties to the NBA have reportedly been arrested in connection to federal investigations into gambling. https://t.co/FrInKorAu8 https://t.co/IyTFiPqUAP ...