logo
#

Latest news with #Allen&Co.MediaandTechnologyConference

Commissioner Adam Silver says NBA to study possible expansion beyond 30 teams
Commissioner Adam Silver says NBA to study possible expansion beyond 30 teams

Straits Times

time2 days ago

  • Business
  • Straits Times

Commissioner Adam Silver says NBA to study possible expansion beyond 30 teams

Find out what's new on ST website and app. Adam Silver, commissioner of the National Basketball Association (NBA), walking to lunch during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on July 9, 2025. LOS ANGELES – Team owners authorised league officials to begin an in-depth analysis regarding expansion on July 15, but National Basketball Association (NBA) commissioner Adam Silver said there was no timetable for any changes. The NBA Board of Governors' meeting in Las Vegas on July 15 marked the first time team owners officially discussed expanding the league beyond 30 teams, but Silver said they went no deeper than requesting more research into the possibility. 'There is a significant step now in that we're now engaging in this in-depth analysis,' Silver said. 'It's something we weren't prepared to do before. 'But beyond that, it's really day one of that analysis. In terms of price, potential timing, it's too early to say. 'That also assumes the outcome of this analysis. It's truly a complicated issue.' Silver said the NBA advisory finance committee 'would have primary jurisdiction over this issue' while the league's audit and strategy committee 'would be looking at the economics around it', with 'roughly half the principal governors in the league' on those committees. 'We have the focus and attention of our board members on this issue,' he said. 'You have the right people involved in the process.' Top stories Swipe. Select. Stay informed. Singapore Acute psychiatry services to be expanded across all healthcare clusters: MOH Singapore New network links Home Team psychologists, mental health bodies to boost emergency response Singapore Strong argument for cockpit video recording, says Iata chief in wake of Air India crash report Singapore Baby died after mum took abortion pills and gave birth in toilet; coroner records an open verdict Life S'pore travel agency Beyond Expeditions criticised for planning, safety issues Singapore Jail for drunken man who shoved stranger into Singapore River, causing him to drown Business Tycoon Robert Kuok's daughter Kuok Hui Kwong appointed CEO of Shangri-La Asia Singapore Maid admits to abusing employer's year-old son on more than 20 occasions in 2024 That will be little consolation to cities such as Las Vegas or Seattle, who are most often mentioned when there is talk of adding NBA clubs. Silver said there was no indication of how many owners would be in favour of expansion. 'There was no sense in the room that people were taking sides,' said Silver. 'There was no straw poll. There was no requesting people to indicate pro or con in terms of expansion. 'There was a consensus that quickly formed that the league office should do the work,' he said, adding: 'The appetite in the room I would define more as curiosity.' Silver said previous work toward adding teams by the league was more 'obvious data' about potential markets, rather than the issues they must now confront. 'The league office was tasked by our board with doing an in-depth analysis of all the issues around expansion, both economic and non-economic,' Silver said. 'Non-economic issues include dilution of talent, how it could potentially affect competition around the league if we were to expand, how you would stock those teams. 'Economic issues... they are very complex... how you would potentially value the opportunity has a lot to do with your projections on the future growth of the league, as you are selling equity. 'For every additional team you add, you are diluting the economics of the current league.' With NBA clubs selling recently for record sums, knowing what price to charge for buying into the NBA is an issue. 'Had we expanded five years ago, we would have underpriced the market,' Silver said. 'Those are all things we're in the process of talking about. A lot of analysis still needs to be done. 'Nothing has been predetermined one way or another. And without any specific timeline. We also have this obligation to expand, if we do so, in a very deliberate fashion.' NBA owners received a presentation on starting an NBA-backed European league, not ruling out such a move with NBA expansion or vice versa but talent dilution was a concern. 'There's an expansion of another kind, which is the European opportunity,' Silver said. 'It would be an independent league, what we're contemplating operating in Europe, but the fact we would be creating new basketball teams in Europe is related.' Silver said a concern for NBA team owners is a drop in local and regional television viewership and the league would want to solve that matter before expanding. 'We would be malpracticing if we didn't figure out how local and regional television is going to work before expanding,' he said. AFP

Jeff Bezos shows off new hairstyle on outing with wife Lauren Sanchez few days after their lavish Italian wedding
Jeff Bezos shows off new hairstyle on outing with wife Lauren Sanchez few days after their lavish Italian wedding

Hindustan Times

time6 days ago

  • Entertainment
  • Hindustan Times

Jeff Bezos shows off new hairstyle on outing with wife Lauren Sanchez few days after their lavish Italian wedding

Days after exchanging vows with Lauren Sánchez in Italy last month, Amazon founder Jeff Bezos was seen sporting a shocking new look. The billionaire is known for his signature bald look. However, on Thursday, July 10, the couple stepped out in Sun Valley, Idaho, and Jeff was seen with a new hairstyle consisting of newly grown thick white-grey hair around the sides of his scalp. Amazon founder Jeff Bezos with his wife, Lauren Sachez. (Reuters) Also Read | Lauren Sanchez chose classic Dolce and Gabbana wedding gown to marry Jeff Bezos in Italy: It took over 900 hours to make Jeff Bezos debuts a new look on outing with wife Lauren Sanchez The billionaire businessman's new look is a deviation from his usual hairstyle. He was seen sporting thick white-grey hair around the sides of his scalp while walking around the Allen & Co. Media and Technology Conference. According to People, Jeff went bald more than 10 years ago. Notably, the last time he was seen with hair was in 2013, when it was dark brown. Amazon founder Jeff Bezos and his wife Lauren Sanchez Bezos attend the Allen and Company Sun Valley Media and Technology Conference at The Sun Valley Resort in Sun Valley, Idaho. (REUTERS) Though the new look comes as a shock, the Amazon founder is no stranger to changing his appearance. In 2023, he created an online frenzy after debuting his muscular physique on the cover of Vogue with his now wife, Lauren. In the interview, Lauren revealed his workout routine. 'He's on a whole different level than I am. He is a monster in the gym.' She also shared how Jeff had stolen her fitness trainer, who's worked with Tom Cruise, Gerard Butler and Sacha Baron Cohen, from her. The Bezos-Sanchez wedding Meanwhile, the couple tied the knot in a lavish ceremony on June 27. The wedding was held in Venice, Italy. The bride walked down the aisle in a Dolce & Gabbana gown inspired by the wedding dress Sophia Loren wore in 1958's Houseboat. Over 200 guests attended the festivities, with the star-studded guest list including Oprah Winfrey, Gayle King, Orlando Bloom, Tom Brady, Kim Kardashian, Khloé Kardashian, Kris Jenner, Kylie Jenner, Karlie Kloss, Leonardo DiCaprio, and Usher.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store