Tag: nytimes.com

MINNEAPOLIS — The newest controlling owner of the Minnesota Timberwolves is private by nature, a wunderkind investor who has quietly built a behemoth on the strength of savvy bets in the tech world. Now everyone will know Marc Stad’s name. Stad is making the jump from a limited partner in the Minnesota Timberwolves and Lynx to…

MINNEAPOLIS — Marc Lore is selling his controlling interest in the Minnesota Timberwolves and Minnesota Lynx to limited partner and Dragoneer Investment Group founder and managing partner Marc Stad at a $4.5 billion valuation, team sources told The Athletic, facilitating the NBA’s second abrupt ownership shift in a little more than a week. Lore will…

The Bounce Newsletter  | This is The Athletic’s daily NBA newsletter. Sign up here to receive The Bounce directly in your inbox. Why did James Harden decline his $42 million player option before free agency? Because it landed him an extra $55 million in guaranteed money. He has agreed to a three-year, $97 million deal with the Cleveland…

Remember RJ Luis Jr.? He led St. John’s men’s basketball to a Big East title and won conference player of the year in 2025. The last time he was seen in a meaningful basketball game, he had a mystifyingly bad performance as the Red Storm were eliminated from the second round of the NCAA Tournament.…

Some of Shaquille O’Neal’s most iconic NBA moments were him dunking on opponents. The lob he caught from Kobe Bryant in Game 7 of the 2000 Western Conference finals helped spark the first of three consecutive championships for the Los Angeles Lakers. O’Neal’s annihilation of Chris Dudley in 1999 showcased his power, footwork and showmanship.…

It’s a drama right at home in Hollywood. First, news broke last week that Mark Walter intends to sell the Los Angeles Lakers to billionaire venture capitalist Joshua Kushner and former Disney CEO Bob Iger at a $12.5 billion valuation. Then five of the six Buss siblings — who inherited ownership of the team from…

Peak newsletter 🧠 | This is an excerpt from The Athletic’s weekly newsletter covering the mental side of sports. Sign up here to receive the Peak newsletter directly in your inbox. Last week, we asked 11 elite athletes from different sports one question: What is the single most important trait for a leader to have? This…

A former athletic trainer for the Sacramento Kings is suing the NBA team for allegedly firing her due to her pregnancy. In her lawsuit, filed Aug. 11 in California Superior Court, Crystal Lee contends that from the moment she informed higher-ups she was pregnant, she faced discrimination for becoming a mother. The suit outlines several…

James Harden has agreed to re-sign with the Cleveland Cavaliers for three years and $97 million, including a player option for the third season, according to league sources who spoke on condition of anonymity because the deal is not finalized. Harden’s new deal will also have a 15 percent trade kicker. Advertisement The 36-year-old, 11-time…

A $1 million sports card sale doesn’t feel as momentous as it might have been a decade ago, five years ago or even one year ago. There’s been one or more publicly known sports card sales of $1 million or more in each of the last nine months, and in 12 of the past 13…