American professional basketball team in the WNBA
Kelsey Plum has been traded from the Sparks to the Phoenix Mercury in a deal that also involves Monique Akoa Makani and draft picks. The move follows Plum’s injury absence and Sanctioned trade talks as the Sparks adjust at the deadline; Phoenix aims to bolster a playoff push.
Nvidia has announced memorandums with six Wall Street firms to assemble about $500 billion to finance AI infrastructure — data centres, GPU clusters and related compute — for customers that lack cash or credit. Executives are pitching compute as an investable asset class while analysts warn depreciation risk and competition from China could erode collateral value.
Bob Iger and Josh Kushner have agreed to buy the Los Angeles Lakers from Mark Walter in a transaction valuing the franchise at about $12.5 billion. The sale has been announced this week, requires approval from the NBA Board of Governors and is subject to due diligence and Kushners divestment of a Miami Heat stake.
Multiple WNBA games have been interrupted by thrown sex toys, with players and officials calling out perpetrators. Chicago Sky and Atlanta Dream incidents are linked to ongoing protests; authorities warn of bans and legal action for offenders.
TWG Global faces federal investigations into affiliated-party loans across its insurers, prompting questions about liquidity and potential impacts on its sports assets, including the Dodgers and Lakers. The company denies fraud and reiterates that its major franchises are not for sale, as regulators review financing and related transactions.
The Buss siblings are contesting the sale of the Lakers while Joey and Jesse Buss have secured a minority stake in the San Diego Padres. Jeanie Buss argues the sale is void, citing fiduciary concerns. The ownership shift unfolds as the Padres deal brackets a broader family-dynasty moment in Southern California sports.
Westbrook has joined the upstart league Project B as an equity holder and chief strategy officer, with a seat on the board as it launches in January 2027. The move follows his retirement after 18 seasons.
Investors are recalibrating portfolios as fresh data and ongoing policy updates push markets toward new equilibria. Experts say the changes will shape asset valuations, inflation expectations, and risk appetite in the near term.