Latest news with #MikeMiller
Yahoo
08-07-2025
- Sport
- Yahoo
Paolo Banchero agrees to five-year max contract with unique option
The post Paolo Banchero agrees to five-year max contract with unique option appeared first on ClutchPoints. Orlando Magic star Paolo Banchero was a first overall NBA Draft pick, and he has panned out so far. The Magic have a budding superstar, and they are locking him in for the forseeable future. Banchero and Orlando agreed to terms on a five-year rookie max contract extension on Monday, and the deal is worth $287 million. The contract also includes a player option, which is rare for a rookie max. Advertisement 'Breaking: Orlando Magic star Paolo Banchero has agreed to a five-year maximum rookie contract extension that could reach $287 million, Mike Miller of LIFT Sports Management tells ESPN,' Shams Charania said in a post. 'Deal includes a player option; the first for a rookie max since 2021 (Luka Doncic, Trae Young).' Paolo Banchero will have a chance to increase his base salary based on how he performs. If he brings home certain accolades next season, he will see an increase. 'Miller said Banchero's new deal includes triggers to elevate the base salary to the supermax should the Magic franchise cornerstone make either an All-NBA team or earn MVP or Defensive Player of the Year honors next season,' a report from ESPN states. So far, selecting Banchero has worked out for the Magic. After being one of the best players in college basketball with Duke, Banchero was selected with the first overall pick in the 2022 NBA Draft. He has now been in the league for three seasons, and there are few players that have a brighter future. Banchero is 22, and he has put up some ridiculously impressive numbers. Advertisement 'He's only the eighth player in NBA history to average at least 25, 7 and 4 at age 22 or younger,' the report added. 'And he joined Tracy McGrady and Shaquille O'Neal as the only Magic players to average more than 25 points in a season.' The rebuild seems to be complete for the Magic. They were one of the better teams in the Eastern Conference last season, and now that Paolo Banchero is locked in, Orlando has its core all in place. Franz Wagner, Jalen Suggs and Banchero are all going to be around for a long time, and this team is only going to get better. Related: Orlando bringing back Moe Wagner on 1-year deal Related: Magic's latest decision leads to Mac McClung entering free agency
Yahoo
13-06-2025
- Sport
- Yahoo
Memphis Grizzlies star Ja Morant parts ways with Mike Miller's agency, Lift Sports Management
Memphis Grizzlies star Ja Morant has parted ways with Lift Sports Management, multiple sources told The Commercial Appeal on June 12. The sources were granted anonymity since no official announcement has been made. Advertisement The Lift Sports Management list of clients no longer includes Morant, who was listed on the website as recently as May 16. Morant joined Lift, an agency headed by former Grizzlies player Mike Miller, in April 2024. Miller became a regular at Grizzlies home games this season, usually seated courtside alongside of Morant's father, Tee Morant. Morant and Miller could not be reached for comment for this story. Ja Morant previously joined Lift after parting ways with Jim Tanner of Tandem Sports + Entertainment. Morant spent his first five NBA seasons being represented by Tanner. After becoming the No. 2 pick in the 2019 NBA Draft, Morant quickly became a star NBA point guard in Memphis. He won the NBA's Rookie of the Year award, then won the league's Most Improved award in his third season. Advertisement The success led to Morant earning his own signature shoe, becoming Nike Basketball's first Gen Z athlete. However, Morant's journey hasn't been all peaches and rainbows. He was first suspended in March 2023 after brandishing a gun in an Instagram Live video. Two months later, a second Instagram Live video surfaced online of Morant brandishing a gun. He received a 25-game suspension at the start of the 2023-24 season. Morant made two All-Star games in 2022 and 2023. Injuries and the lengthy aforementioned suspension shortened his 2023-24 campaign. He averaged 23.2 points and 7.3 assists in 50 regular season games with the Grizzlies this season. Ja Morant, Grizzlies remain strong All indications are that the relationship between the Grizzlies and Morant remains strong. Memphis hired Tuomas Iisalo as its next coach when the season ended. Morant spoke highly of Iisalo before the hiring, and his stats improved when Iisalo took over in place of former Grizzlies coach Taylor Jenkins. Advertisement The Grizzlies have also continued to prioritize Morant as a franchise cornerstone. Morant signed a five-year extension worth $197 million in July 2022. He'll be eligible for a two-year extension this summer, but he has three seasons remaining on his current contract. What's next for Ja Morant Morant could look to partner with another agency that best represents his goals. Another option for the Grizzlies star is self representation. Oklahoma City Thunder guard Shai Gilgeous-Alexander recently parted ways with Wasserman to represent himself. Joel Embiid is another NBA star who also went the self representation route. Advertisement Damichael Cole is the Memphis Grizzlies beat writer for The Commercial Appeal. Contact Damichael at Follow Damichael on X, formerly known as Twitter, @DamichaelC. This article originally appeared on Memphis Commercial Appeal: Memphis Grizzlies' Ja Morant parts ways with Lift Sports Agency
Associated Press
10-06-2025
- Business
- Associated Press
PEAKLINE REAL ESTATE FUNDS' QOZ FUND III ANNOUNCES NEW INVESTMENT IN GREENVILLE, SOUTH CAROLINA MULTIFAMILY DEVELOPMENT
Peakline has raised $1.2 billion across three Qualified Opportunity Zone (QOZ) funds, building on its established presence in the US QOZ fund management space. The firm announced an Investment in Markley + Main, a new six-story, 277-unit apartment community in Greenville, South Carolina. CHICAGO, June 10, 2025 /PRNewswire/ -- Peakline Real Estate Funds ('PREF') today announced its latest Opportunity Zone investment, Markley + Main, a multifamily development located in the West End Historic District of Downtown Greenville, South Carolina. This investment is part of Peakline's Qualified Opportunity Zone (QOZ) program, which has invested over $1.2 billion of equity across three funds since 2018. The QOZ program provides private investment capital to fast-growing economies across the country, supporting long-term capital gains for investors and contributing to community development. Peakline's QOZ portfolio includes multifamily, retail and office projects totaling more than 5.2 million square feet and $3.5 billion of total gross market value. PREF's QOZ strategy focuses on institutional, core quality real estate assets in markets with good fundamentals. 'Peakline has developed one of the most active and impactful QOZ investment programs in the country, providing our investors with institutional-quality opportunities while contributing to the growth of dynamic communities targeted by the QOZ legislation,' said Mike Miller, Co-Founder and President of Peakline Real Estate Funds. 'As we look ahead to a potential QOZ expansion in the tax bill currently making its way through the Senate, we're proud of our work over the last few years, as we partnered with developers to create thousands of jobs, housing and commercial activity in these targeted areas.' Markley + Main is being developed in partnership with SunCap Property Group and will feature a single six-story residential building comprising 277 apartment units, totaling approximately 258,763 square feet of net rentable area. The project will offer tenants a mix of one-bedroom, two-bedroom, and three-bedroom units. Planned amenities include a resort-style pool, clubhouse, co-working areas, rooftop lounge with stadium views, fitness center, pet spa, game room, and a golf simulator. 'SunCap is looking forward to this collaboration with Peakline,' says Bill Palmer, Managing Director with SunCap Property Group. 'They truly understand the vision we are working towards with Markley + Main – bringing a residential development to life that matches the spirit of the vibrant Downtown Greenville community. The site offers a highly walkable setting near Main Street, with convenient access to local retail, dining, entertainment, and major employers. Nearby attractions include Flour Field, home of the Greenville Drive; Falls Park and the Peace Center; as well as the upcoming Trueline music venue. The site is also within walking distance of downtown employers and offers a short commute to large corporate campuses such as BMW, Michelin North America, Lockheed Martin, and GE Power. Construction is slated to begin imminently, with completion and initial occupancy expected in 2027. About SunCap Property Group With over 28 million square feet of commercial properties developed—including 2.1 million SF in the Greenville-Spartanburg market—SunCap is a real estate development firm with extensive experience in multifamily, mixed-use, and industrial projects. Their experienced team has collectively delivered over 25,000 residential units, demonstrating a commitment to innovative design, renter experience, and long-term value creation. About Peakline Real Estate Funds Peakline Real Estate Funds ('PREF') is a private real estate investment firm providing direct access to real estate opportunities across multiple property types, including rental housing, industrial, office, and retail properties. PREF currently has over $1.7 billion in equity invested across six funds and select individual investments, totaling $5 billion in gross value across 17 million square feet in more than 15 key growth markets in the U.S. PREF is a part of Peakline Partners, LLC, an SEC-registered investment adviser and private investment firm that provides direct access to multi-faceted real estate opportunities. For more information about PREF, please visit: View original content to download multimedia: SOURCE Peakline Partners, LLC
Fox News
25-05-2025
- Automotive
- Fox News
Alexander Rossi sees Indy 500 hopes go up in flames on pit road
IndyCar driver Alexander Rossi was having an incredible day at the Indianapolis 500 as he was competing toward the front of the pack, but it all ended in the blink of an eye. On Lap 73, Rossi's vehicle began to leak fluid from the back. It was causing problems for Alex Palou, who was immediately behind Rossi's No. 20. Rossi entered the pits and was told the crew would take a minute to figure out what was going on with his car. Rossi pulled into his pit box, and his car was covered in flames. He rushed out of his cockpit as officials came over to extinguish the fire. Rossi got out of the car and threw his gloves down to the ground. Rossi's fueler Mike Miller needed to be attended to as well, as he still had flames on him in the pits. He appeared to be OK as the issue was being taken care of. "Thankfully Mike's OK too. It's always a terrible situation and it's so disappointing," Rossi told FOX from his pit box. "That was such a phenomenal racecar, and the team made a great decision to stay out there when that first split happened with the strategy, and everything we were doing on the 20 Java House stand was awesome. That's what's so painful about this day is you got to have so many things go right. It's just disappointing because it's another opportunity gone." Rossi said the gearbox's temperature started to increase as the race went on, and he believed that was at least one of the reasons why his vehicle went up in flames. Rossi won the race in 2016. He finished fourth in 2024 and fifth in 2023 and 2022. Follow Fox News Digital's sports coverage on X, and subscribe to the Fox News Sports Huddle newsletter.
Reuters
20-05-2025
- Sport
- Reuters
Florida lands former Arkansas PG Boogie Fland
May 20 - Former Arkansas point guard Boogie Fland committed to reigning national champion Florida on Tuesday. Fland and his representatives, who include Florida alumnus Mike Miller, confirmed the transfer with ESPN. Fland attended this month's draft combine before withdrawing from 2025 NBA Draft consideration last week. He averaged 13.5 points, 5.1 assists, 3.2 rebounds and 1.5 steals in 21 games (18 starts) as a freshman for coach John Calipari's Razorbacks in 2024-25. Fland missed more than two months of the season with an injury to his right hand. He faced the Gators once, tallying 15 points, four assists and three rebounds in a 71-63 loss on Jan. 11 in Fayetteville, Ark. A five-star recruit and McDonald's All-American, the 6-foot-2 Fland originally committed to Kentucky when Calipari still was the head coach. He fills a vacancy with coach Todd Golden's Gators, with point guard Walter Clayton Jr. out of eligibility along with fellow backcourt starters Will Richard and Alijah Martin. --Field Level Media
