NBA

Sports betting is legal in the United States. The Supreme Court’s landmark decision to overturn PAPSA, a law in place since 1992, has far-reaching implications for professional sports and creates the potential for legalized and regulated online gambling. "The legalization of sports...

While legalized marijuana represents a burgeoning industry and tax boon for states, its finacial impact could be eclipsed by the potential of legalized sports betting. Estimates of the size of the illegal sports betting market in America range from the American Gaming Association's figure of $...

The NBA just posted its most watched season in four years. With the playoffs underway, ratings are as healthy as ever, posting the best Saturday playoff opener in five years. If the expected matchup between the Golden State Warriors and the Houston Rockets comes to fruition, one media consultant...

It looks like another losing season for the New York Knicks. More than halfway through their 2017-2018 schedule, the team ranks 11th in the NBA’s Eastern Conference with a 24-38 record. If they stay on pace, they’ll finish their fifth consecutive losing season and potentially miss their...

Not only are the Golden State Warriors the reigning NBA champions, they're also the kings of NBA social media. The Warriors generated $9.5 million of value on social media over the past 30 days, more than any other team in the league, according to a new report from GumGum Sports.  Nearly...

Nike Inc (NYSE: NKE) eight-year, $1 billion league-wide apparel deal with the NBA appears to be a steal for the sportswear giant, according to new data on the value Nike derives from the partnership. Nike’s jersey deal with the league is generating north of $500 million of exposure value on...

The 2017-2018 NBA season is the first time a sponsorship appeared on a professional sports team uniform in the United States. Given the success these advertisements are having, it may not be long until other leagues follow suit. The advertising opportunity will generate $350 million in value to the...

Legalized sports betting in the United States has been talked about for quite some time, but the reality of it coming to fruition took one step closer Wednesday. At a testimony in front of the New York State Senate committee, an attorney for the NBA said the league wants more widespread access to...

After a bizarre decision to leave UCLA to play professionally in Lithuania, it may be time for LiAngelo Ball to face reality and take a more logical approach to success in professional sports. A former Wisconsin guard called the family’s choice to play in Lithuania "the worst possible...

The world of sports in 2017 finds itself in quite a pickle, positioned precariously between a glorious homerun and a devastating strikeout. While the NFL is in the midst of a rocky start to the season, the NBA has arguably never been stronger. From jerseys to the players themselves, the NBA is the...

Even before it hits Florida, Hurricane Irma is already having an impact on Walt Disney Co (NYSE: DIS)’s earnings forecast. CEO Bob Iger said Thursday that earnings for 2017 will come “roughly in line” with the previous year’s, which ended with core earnings of $5.71 per...

Tilman Fertitta, the billionaire entrepreneur and owner of Landry's, is now the owner of an NBA franchise. Fertitta reached an agreement with Houston Rockets' owner Leslie Alexander to acquire the franchise for $2.2 billion, the Houston Chronicle reported. The transaction represents the...

The return of the Detroit Pistons to their namesake city has received NBA approval. The NBA board of governors voted unanimously Thursday in favor of the team’s move from the suburban Palace of Auburn Hills to Little Caesars Arena in downtown Detroit, according to the Detroit Free Press. The...

The Detroit Pistons are taking it to the bank. Flagstar Bancorp Inc (NYSE: FBC) has signed on as the basketball team's first-ever jersey sponsor. Flagstar CEO Alessandro DiNello said he's a lifelong Pistons fan.  "It's great to have the team come back downtown. That's...

The NBA draft drew quite the interest this season with the entrance of Lonzo Ball and his quirky father LaVar Ball into the association. While LaVar Ball and company received a ton of heat for alienating nearly every team in the NBA, Lonzo Ball was chosen as the No. 2 pick for Los Angeles Lakers...