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Players Able To Invest In NBA, WNBA Teams With New CBA

Players will be able to invest in NBA and WNBA teams via a private equity firm as part of the new collective bargaining agreement, sources told Shams Charania and Mike Vorkunov of The Athletic.

The new CBA will also give players the ability to promote or invest in gambling and cannabis companies, including the ability to sign non-gambling endorsements with sports betting companies.

The new CBA will still need to be ratified by players and team governors.

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Boston Celtics vs Orlando Magic
Type: Total - Status: OPEN
Under-105
Over-115
Cleveland Cavaliers vs Miami Heat
Type: Total - Status: OPEN
Under - 1H-110
Over - 1H-110
Houston Rockets vs Golden State Warriors
Type: Point Spread - Status: OPEN
Houston Rockets - 1H-105
Golden State Warriors - 1H-115
L.A. Clippers vs Denver Nuggets
Type: Moneyline - Status: OPEN
L.A. Clippers - 1H-165
Denver Nuggets - 1H+140
Detroit Pistons vs New York Knicks
Type: Total - Status: OPEN
Under - 1H-110
Over - 1H-110
Memphis Grizzlies vs Oklahoma City Thunder
Type: Point Spread - Status: OPEN
Memphis Grizzlies-115
Oklahoma City Thunder-105
Milwaukee Bucks vs Indiana Pacers
Type: Moneyline - Status: OPEN
Milwaukee Bucks-185
Indiana Pacers+160
Minnesota Timberwolves vs Los Angeles Lakers
Type: Total - Status: OPEN
Under-110
Over-110

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Howard lifts Magic by Cavs in ChinaHoward lifts Magic by Cavs in China

The NBA took another step toward expanding its presence in China on Wednesday, with the Orlando Magic defeating the Cleveland Cavaliers 90-86 in an exhibition game behind Dwight Howard’s 31 points and 14 rebounds. The game, featuring LeBron James and attended by NBA commissioner David Stern, was played at Qizhong Arena on the outskirts of Shanghai.

Lakers Acquire Dorian Finney-Smith From Nets For D’Angelo Russell, Three 2nd Round PicksLakers Acquire Dorian Finney-Smith From Nets For D’Angelo Russell, Three 2nd Round Picks

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Finney-Smith has been on the trade block for several weeks as the Nets rebuild. Finney-Smith can become a free agent this offseason as he is in Year 3 of his four-year, $55.5 million extension signed with the Dallas Mavericks in 2022.

The Lakers move $3.5 million below the second apron and project to have more than $11 million in luxury tax savings.

The Nets were previously discussing acquiring a heavily protected first round pick from the Memphis Grizzlies in exchange for Finney-Smith.

Russell, who previously played for the Nets after another trade from the Lakers, is on an expiring $18.7 million contract. Russell is averaging 12.4 points, 2.8 rebounds and 4.7 assists in 26.3 minutes per game this season.

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