American businessman and former basketball icon
The White House has released a July Fourth report criticizing the Smithsonian’s portrayal of American history as biased toward activism. President Trump has issued an executive order directing sidewalk signs outside the Smithsonian and a temporary exhibit to present what he calls accurate information, while Smithsonian leadership defends ongoing scholarship and a fuller account of the nation’s story.
The Pele shirt from the 1958 World Cup final has sold for a record price at auction, highlighting the enduring value of football memorabilia. Sotheby’s reports ten bids from more than five bidders, making it the second-most valuable football shirt sold to date.
LeBron James has confirmed a move to the Philadelphia 76ers for a two-year deal. Donald Trump has publicly commented on who is the best ever, favoring Michael Jordan. The news follows James’s eight-season run with the Lakers and marks a new chapter in his career.
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.
The Independent and AP News report on upcoming SNL hosting gigs and musical guests, highlighting Brunson’s hosting debut with Katseye, Dakota Johnson promoting Verity, Oct. 3 Turnstile appearance, Navarrette’s Halloween return, and Abrams returning as musical guest. SNL UK refreshes with Freddie Meredith joining the cast and Jeff Goldblum hosting season two.
Jalen Brunson has hosted Saturday Night Live, becoming the first Knicks player to host since 2007. The episode opened the Knicks’ season after their title victory, featuring questions from Brunson’s teammates in the monologue and a series of sketches.
Nike has unveiled its Pace plan to cut costs and streamline operations, signaling further layoffs start in 2027 as it reorganizes into three geographies. The move follows disappointing Q1 results, with revenue down and profit slipping, while Nike seeks to bolster its Sportswear, Jordan Brand and Greater China segments. Details on extent of job cuts remain unclear.