Former NBA star Carmelo Anthony would like to become part of a team’s ownership group, he said on his 7PM in Brooklyn podcast (YouTube link ). However, he’s not quite sure how to go about becoming a minority stakeholder.
“I’m out there trying to raise money now, trying to raise money with my sports fund … it’s hard to raise money,” said Anthony, who earned $250MM+ in NBA contracts over his career. “… It’s hard to raise money. … And getting people to understand what sports is. It’s so much money being spent into sports, and people really don’t understand it. People really don’t understand sports.
“(The NBA) is a small piece of sports globally. A small piece in the grand scheme of things. This is one market. … That’s North America, they control basketball, but it’s like, they going global with it.”
Here’s more from around the basketball world:
- French guard/forward Axel Toupane , who won a championship with Milwaukee in 2021, is signing with the Diablo Rojos for the Mexican LNBP season, a source tells Jake Fischer of Yahoo Sports (Twitter link ). Toupane appeared in 33 regular season games with three different teams over the course of his three NBA seasons. The 32-year-old has had a long international career, playing for teams in France, Lithuania, Greece and Spain since 2011. He played for Metropolitans 92 last season in France’s top basketball league (LNB Elite).
- Dan Favale of Bleacher Report lists the biggest 2024 offseason win and loss for each of the NBA’s 30 teams. For the defending champion Celtics, Favale views Derrick White signing a long-term extension as their biggest win, while their biggest loss was losing top assistant coach Charles Lee, who is now head coach of the Hornets. At the other end last season’s standings, Favale liked the contract the Pistons handed out to Simone Fontecchio (two years, $16MM), but was not a fan of the trade that shipped Quentin Grimes to Dallas for Tim Hardaway Jr. and three second-round picks.
- In case you missed it, Real Madrid and Guerschon Yabusele have reached an official agreement to end his contract, clearing the way for the French forward to finalize his reported deal with the Sixers.