Tickets for tonight’s game between the New York Knicks and Brooklyn Nets are selling for less than half what they cost before the season, as the one-time playoff contenders have fallen to a combined 8-26 record.
Jefferson County, Alabama’s plan to exit bankruptcy has “overwhelming support” from JPMorgan Chase & Co. and other creditors that would make more than $1.4 billion in concessions, a lawyer for the county said.
National Basketball Association Commissioner David Stern said Chinese investors inquiring about stakes in teams is a “very good thing” for the league as it seeks to boost sales in the world’s second-biggest economy.
Goldman Sachs Group Inc. Chief Executive Officer Lloyd C. Blankfein offered advice to National Basketball Association owners on domestic and international affairs as well as ideas on how to best run a business.
David Stern, the Florida foreclosure lawyer who profited off the state’s housing bust before losing his biggest clients, was sued by a partner company that claims it was damaged by Stern’s foreclosure practices.
Jim Tanner, a partner at Williams & Connolly LLP who represents basketball players including point guard Jeremy Lin of the Houston Rockets, is leaving the Washington-based law firm to start a sports and entertainment management business.