Dikembe Mutombo, a Basketball Hall of Famer who was one of the best defensive players in NBA history and a longtime global ambassador for the game, died Monday from brain cancer, the league announced. He was 58. His family revealed two years ago that he was undergoing treatment in Atlanta for a brain tumor. The … Read more
Karl-Anthony Towns was born in New Jersey, went to college in Kentucky and has spent the entirety of his NBA career in Minnesota. His roots, however, are in the Dominican Republic. And to continue paying homage to his late mother’s homeland, Towns announced plans Thursday to help build a state-of-the-art basketball training facility in that … Read more
PHILADELPHIA — The Philadelphia 76ers have a new teammate in their bid to build a new $1.3 billion arena downtown. Mayor Cherelle Parker announced Wednesday that she has forged a deal with team owners to keep the NBA franchise in town and will send it to city council. The decision comes despite objections from nearby … Read more
DALLAS — The Dallas Mavericks have reached a multiyear local broadcast rights agreement that the team said Friday will triple the number of people that will be able to see most of the NBA Western Conference champion’s televised games over the air for free. The agreement with TEGNA, which goes into effect for the upcoming … Read more
Four-time NBA Champion Steph Curry is already planning for life after basketball. The 10-time NBA All-Star spoke to CNBC’s “Squawk on the Street” on Tuesday about the rest of his basketball career, his various businesses and goals for after his playing career ends. The 36-year-old Curry has a media company, Unanimous Media, and a youth … Read more
Steph Curry Jonathan Bachman | Getty Images NBA superstar Stephen Curry has agreed to sign a one-year, $62.6 million extension with the Golden State Warriors, his agent confirmed to CNBC. The extension keeps Curry in a Warriors uniform through the 2026-2027 season, and will make him the first NBA player to make $60 million in … Read more
New York Yankees captain Aaron Judge. Erick W. Rasco | Sports Illustrated | Getty Images Gotham Advanced Media and Entertainment, the joint venture between MSG Networks and the YES Network, is launching a new bundled app in the fall that will air local games for seven New York area teams. The package announced Wednesday is … Read more
The NBA logo before the game between the Detroit Pistons and Charlotte Hornets at Little Caesars Arena on March 11, 2024 in Detroit, Michigan. Nic Antaya | Getty Images Dallas Mavericks and New Orleans Pelicans fans are waiting for a new way to watch local games in the upcoming NBA season. Both teams are exiting … Read more
HOUSTON — The largest broadcaster of regional sports networks across the country will continue to televise games for more than a dozen NBA teams and nine NHL teams through the 2024-2025 season even as it moves through bankruptcy proceedings, according to court filings on Friday. Diamond Sports Group, which broadcasts the Bally-branded regional sports networks, … Read more
Traders work on the floor of the New York Stock Exchange. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. … Read more
