RedBird Capital Partners LLC, co- founded by a former leader of the private-equity business at Goldman Sachs Group Inc., is seeking $400 million for a debut fund to help back entrepreneurs and business owners.
Players Alonzo Mourning and Mitch Richmond joined coaches Nolan Richardson and Gary Williams in being elected to the Basketball Hall of Fame.
The following list comprises the most-read Bloomberg News reports from the past week.
Less than two years after taking the New Jersey Nets over the Hudson River and into Brooklyn, billionaire owner Mikhail Prokhorov is planning a longer move: to Russia.
The New York Knicks’ hiring of Hall-of-Fame coach Phil Jackson is seen as another move to fortify the Madison Square Garden Co. unit after a $1 billion overhaul of the Midtown Manhattan arena.
Phil Jackson has agreed “in principle” to join the New York Knicks as president and oversee the team’s basketball operations, the New York Post reported.
Eighty-nine percent of Americans said athletes’ sexual preference shouldn’t determine whether they are offered contracts, according to a poll by Seton Hall University.
The National Basketball Association draft will be held on June 23 at the New Jersey Nets’ home court, Commissioner David Stern said.
LeBron James’s decision to spurn his hometown Cleveland Cavaliers for the Miami Heat was a “cowardly betrayal,” team owner Dan Gilbert said in an open letter to fans.
The New Jersey Nets and owner Mikhail Prohkorov have begun the application process for changing the team’s name.