LATEST STORIES FROM BIZ OF BASKETBALL

Lamar Odom to Remain a Laker

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ESPN.com is reporting that Lamar Odom has reached an agreement to remain with the Los Angeles Lakers. Sources told ESPN.com that it is a four-year deal that could be worth as much as $33 million if the Lakers exercise their option on the fourth season, with $27 million guaranteed...
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Euroleague set to face NBA in 2009

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The National Basketball Association and Euroleague Basketball have verbally agreed that two more Euroleague teams will play in four preseason exhibitions versus NBA teams in October 2009. The teams involved for Europe are Partizan Belgrad of Serbia and Olympiacos Piraeus of Greece...
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Nets Owner Bruce Ratner Looking for Minority Owners

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New Jersey Nets owner Bruce Ratner is getting feedback from individuals who are interested in buying a minority stake in the ownership of the franchise. But, Ratner is finding it’s tough to do this whenever the past two years consisted of the loss of its big-market players such as...
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Former Bruin Leads Potentially Costly Antitrust Lawsuit Against NCAA

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If you want to sue the NCAA, you may have to pick a number and wait in line.  Former UCLA Bruin basketball star Ed O’Bannon filed a class action antitrust lawsuit against the NCAA on Tuesday. O’Bannon is seemingly following the lead of former collegiate quarterback Sam Keller...
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Hurdles Cleared for Renovation to UCLA’s Pauley Pavilion

Thursday, the University of California Board of Regents voted unanimously last night to approve the project design plan, financing plan and environmental impact study to renovate UCLA’s Pauley Pavilion. The project team hopes to break ground in February of 2010 which would allow...
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Hurdles Cleared for Renovation to UCLA’s Pauley Pavilion

Thursday, the University of California Board of Regents voted unanimously last night to approve the project design plan, financing plan and environmental impact study to renovate UCLA’s Pauley Pavilion. The project team hopes to break ground in February of 2010 which would allow...
>> www.bizofbasketball.com/index.p...
 

Hurdles Cleared for Renovation to UCLA’s Pauley Pavilion

Thursday, the University of California Board of Regents voted unanimously last night to approve the project design plan, financing plan and environmental impact study to renovate UCLA’s Pauley Pavilion. The project team hopes to break ground in February of 2010 which would allow...
>> www.bizofbasketball.com/index.p...
 

NBA Round-Up

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4-Way Deal Involving Turkoglu and Marion, Finalized ESPN.com is reporting that a four-team sign-and-trade deal that involves sending Orlando Magic forward HedoTurkoglu to the Toronto Raptors, with the Raptors trading Shawn Marion, Kris Humphries, Nathan Jawai and cash considerations...
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NBA Lowers Salary Cap to $57.7 Million

The National Basketball Association announced Tuesday that the Salary Cap for the 2009-10 season will be $57.7 million. The tax level for the 2009-10 season has been set at $69.92 million. Any team whose team salary exceeds that figure will pay a $1 tax for each $1 by which it exceeds...
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NBA Round Up: The Latest on Marion, McDyess, & Wallace

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Mavericks Closing in on Deal for Marion The Dallas Mavericks are close to acquiring forward Shawn Marion from the Toronto Raptors in a sign-and-trade deal after recruiting the Memphis Grizzlies to help complete a three-team transaction, according to ESPN.com. The trade will also...
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Lakers Land Artest, Ariza Headed to Houston

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Artest Headed to L.A. The Los Angeles Lakers have reached an agreement in principal with free-agent forward Ron Artest on a multiyear contract which totals approximately $18.7 million over three years or $33.5 million over five years, according to ESPN.com. ESPN The Magazine'...
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Taco Bell Named as NBA's Official Quick Service Restaurant

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The National Basketball Association (NBA) and Taco Bell Corp. (“Taco Bell”), today announced that Taco Bell has become the Official Quick Service Restaurant of the NBA, thus suppalnating Burger King as theOfficial Quick Service Restaurant for the league. As part of this comprehensive...
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Round Up: The Latest on Gordon, Randolph, and Kidd

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Pistons Land Ben Gordon and Charlie Villanueva Free-agent guard Ben Gordon and forward Charlie Villanueva have agreed to terms with the Detroit Pistons, ESPN.com reports. Gordon, who rejected  $50+ million deals from the Chicago Bulls in each of the past two seasons, will receive...
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Nike Releases Limited Edition "Transformers" Basketball Shoes

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 Select image to see in larger view NIKE, Inc. (NYSE:NKE) today announced a limited edition set of three performance basketball shoes commemorating the worldwide premiere of the Transformers film sequel. The collaboration includes the Nike Zoom Flight Club, Nike Zoom FP and Nike...
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Nike Releases Limited Edition "Transformer" Basketball Shoes

Jeff_small
 Select image to see in larger view NIKE, Inc. (NYSE:NKE) today announced a limited edition set of three performance basketball shoes commemorating the worldwide premiere of the Transformers film sequel. The collaboration includes the Nike Zoom Flight Club, Nike Zoom FP and Nike...
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NBA Round Up: Carter Dealt to Magic, Hawks Land Crawford

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Magic Obtain Vince CarterThe New Jersey Nets dealt Vince Carter and Ryan Anderson to the Orlando Magic for Rafer Alston, Tony Battie and Courtney Lee, ESPN.com reports. "Every player hopes for an opportunity like this, to just once compete for an NBA championship," Carter...
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David Kahn and the T'Wolves Play High-Stakes Poker By Opening with a Pair of Point Guards

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The NBA Draft is normally all about the players – who’s going to be the big star, and difference maker for a franchise’s roster. Beyond Blake Griffin at No.1, and possibly Hasheem Thabeet for Memphis at No. 2 impact players were thin this year. The draft was none the less compelling...
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David Kahn and the T'Wolves Play High-Stakes Poker By Opening with a Pair of Point Guards

Mikemiller
The NBA Draft is normally all about the players – who’s going to be the big star, and difference maker for a franchise’s roster. Beyond Blake Griffin at No.1, and possibly Hasheem Thabeet for Memphis at No. 2 impact players were thin this year. The draft was none the less compelling...
>> www.bizofbasketball.com/index.p...
 

LIVE BLOG: 2009 NBA Draft

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(7:30 PM ET) - Well, here we are. The 2009 NBA Draft, or as it has been renamed, The House of Thin. Beyond Griffin at #1, mock drafts have been a hodgepodge.Here's the latest we're hearing before the action starts.Memphis is sticking to Hasheem Thabeet at #2. While the Timberwolves...
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BREAKING: Shaq Heading to Cavs

The Cleveland Cavaliers and the Phoenix Suns have reached an agreement in principle on a deal that sends Shaquille O'Neal to Cleveland, ESPN The Magazine’s Chris Broussard reports. Cleveland will send Ben Wallace, Sasha Pavlovic, $500,000 cash, and the 46th pick in Thursday...
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Spurs Acquire Richard Jefferson, T'Wolves Moving Up

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Spurs Land Jefferson The San Antonio Spurs acquired forward Richard Jefferson from the Milwaukee Bucks Tuesday in exchange for Bruce Bowen and Kurt Thomas, ESPN.com reports. The Spurs also also traded Fabricio Oberto to the Detroit Pistons for forward Amir Johnson, who was then sent...
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Projected Number One NBA Draft Pick Blake Griffin to Grace Cover of EA Sports NCAA Basketball 10

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Clippers fans, rejoice! Electronic Arts Inc. (NASDAQ:ERTS) announced today that Blake Griffin, former Oklahoma Sooner and the projected top pick in the 2009 NBA Draft, will be the new face of EA SPORTS NCAA Basketball 10. Griffin has an explosive presence, exciting college stadiums...
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Maury Brown and Tim Lemke Discuss NBA Finals, Kobe Bryant

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Washington Times sports business reporter Tim Lemke and Maury Brown, the president of the Business of Sports Network, which includes The Biz of Hockey, have gotten together to discuss a variety of sports biz topics for a far reaching conversation being co-published on the Washington...
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Kobe Says He's Staying Put, Jackson Still Undecided

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Kobe Says He’s Staying in L.A. Even if he opts out of his contract this summer, Kobe Bryant says he plans to remain with the NBA Champion Los Angeles Lakers, ESPN.com reports. Bryant can terminate the final two years of the seven-year, $136.4 million contract he signed in 2004 and...
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USC Hires Kevin O’Neill, Replaces Tim Floyd

USC had finally filled the void after Tim Floyd resigned on June 9. USC, Trojan athletic director Mike Garrett announced today that Kevin O'Neill, who has 13 years of collegiate and NBA head coaching experience, has been hired as USC’s new men’s basketball coach. "We&...
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