(Wall Street Journal) — If the history of basketball ended with the 20th century, New York’s eminence in the sport would be undeniable. Not only were the Knickerbockers a flagship franchise in the National Basketball Association, but the city was home to the two most successful teams of touring professionals in the early years of […]
(Crain’s) — The prospect of lockouts in both professional basketball and football next year could hit New York City businesses with hefty penalties, players and experts warn. The head of the National Basketball Players Association said this week there’s a 99% chance of a lockout next fall, and the president of the National Football League […]
(Businessweek) — On July 8 the Akron kid, now a global celebrity, announced on prime-time national television: “I’m going to take my talents to South Beach and join the Miami Heat.” Gilbert learned the news at the same time as the rest of the world. To call it a loss is to underestimate its financial […]
Investors are financing training in exchange for as much as half of players’ signing bonuses.