Month: April 2023

The NBA and NBPA reached an agreement for a tentative deal on a new Collective Bargaining Agreement early Saturday morning. Among the details of the new CBA includes a rule which will enable players to invest in NBA teams, according to Shams Charania of The Athletic.

The NBA would become the first of the major American professional sports leagues to give players the chance to invest in an equity stake in their respective teams, which could present massive financial upside to the athletes.

Additionally, the new CBA is set to enable players to promote and invest in sports betting and cannabis companies, per Charania. 

Game changer: The league’s new collective bargaining agreement will give players the ability to invest in NBA and WNBA teams, as well as promote and/or invest in sports betting and cannabis companies, sources tell @TheAthletic @Stadium.

— Shams Charania (@ShamsCharania) April 2, 2023

The ability to invest in teams is not limited to the NBA, however, as players will also be able to acquire equity stake in WNBA franchises. 

Considering the current valuation of NBA teams, this could be a very significant change for the players. 

According to Sportico, the Warriors are the most valuable team in the league, with a valuation of $7.56 billion. That figure has increased 25% in the last year. The Knicks are second at $6.58 billion, ahead of the Lakers who are worth $6.44 billion.

The Suns, the most recent NBA team to undergo a sale, were sold to Mat Ishbia in December 2022 at a cost of $4 billion. Now, players will get the chance to cash in some way when a sale goes down, once the new CBA is ratified. 

The 2023 NCAA Men’s Basketball Tournament continues Saturday with a Final Four showdown between No. 4 UConn and No. 5 Miami. Catch up on all the highlights and in-game analysis here!

Colorado Rockies’ first baseman C.J. Cron blasted a two-run home run into the second deck to trim the San Diego Padres’ early lead.

The 2023 NCAA Men’s Basketball Tournament continues Saturday with a Final Four showdown between No. 4 UConn and No. 5 Miami. Catch up on all the highlights and in-game analysis here!

Josh Naylor’s solo homer in the second inning helped the Cleveland Guardians grab a 1-0 lead against the Seattle Mariners. 

Fans at Petco Park celebrated and fellow March Madness hero Kris Jenkins had a perfect response to the buzzer-beater by San Diego State’s Lamont Butler.

LA Galaxy and Seattle Sounders went head to head at Dignity Health Sports Park. Seattle brought the storm and completely dominated the field in the first half. The Sounders scored two goals from Jordan Morris (21′) followed by Léo Chú (35′). In the second half, LA brought the pressure and secured a goal from Jalen Neal in 63′. The Galaxy gave Seattle a fight in the second half but couldn’t finish strong as the Sounders went home with a 2-1 victory.

Chris Sale was on the mound for the Red Sox on Saturday against the Orioles, making his first April start since 2019.

Unfortunately for the southpaw, he didn’t have his best stuff, as he got blasted by the Baltimore batters to the tune of seven earned runs across three innings of work. Sale surrendered three home runs, and despite striking out six, was out of the game before the fourth inning.

After the rough outing, Sale didn’t mince words when discussing his own performance. The 34-year-old said Saturday’s game against the Orioles was “about as embarrassed” as he’s ever felt in his baseball career.

“I left them completely out to dry tonight,” Sale said of his teammates after the game, via NESN. “That’s about as embarrassed as I’ve ever been on a baseball field.” 

“I left them completely out to dry tonight. That’s about as embarrassed as I’ve ever been on a baseball field.”

Chris Sale evaluates his performance and praises his teammates after his first outing of the seasons. #RedSox | https://t.co/jyk3EsbxuY pic.twitter.com/UT4Vt8oZs7

— NESN (@NESN) April 2, 2023

Sale threw a total of 74 pitches during Saturday’s outing. He was replaced Zack Kelly before the top of the fourth inning.

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Despite the difficult outing, Sale did not record a loss due to some late heroics from the Red Sox, who overcame their early deficit in order to win 9–8. Their fighting spirit didn’t go unnoticed by the 34-year-old, who was highly complimentary of the bullpen and Boston’s offense.

San Diego State moneyline bettors cashed in as the Aztecs rallied from 14 points down, much to the chagrin of FAU backers.

The 2023 NCAA Men’s Basketball Tournament continues Saturday with a Final Four showdown between No. 4 UConn and No. 5 Miami. Catch up on all the highlights and in-game analysis here!