MGM Resorts International (NYSE: MGM) and the National Basketball Association (NBA) announced today a new multi-year partnership that will make MGM Resorts the official gaming partner of the NBA and WNBA. The announcement was made this afternoon by NBA Commissioner Adam Silver and MGM Resorts International Chairman & CEO Jim Murren in New York City.
This historic partnership will bring millions of NBA fans and MGM Resorts guests together through an innovative collaboration that will open new and exciting opportunities to engage with each other’s world-class brands and products. The partnership is the NBA’s first with a sports betting operator in the U.S. and is the first of its kind between MGM Resorts and a major professional sports league.
As part of the partnership, MGM Resorts will use official NBA and WNBA data and branding, on a non-exclusive basis, across MGM Resorts’ land-based and digital sports betting offerings throughout the United States.
Sources: NBA Submit Proposal to Lower Draft-Eligible Age to 18
The NBA has submitted to the National Basketball Players Association a formal proposal that will lower the draft-eligible age to 18 from 19, a person with knowledge of the proposal told USA TODAY Sports.
The person requested anonymity because he was not authorized to publicly discuss discussions between the league and the union.
The NBPA and its executive director, Michele Roberts, planned to review the proposal Monday at a post-All-Star weekend meeting in the Bahamas.
The league and union have had informal discussions about lowering the age limit, and NBA commissioner Adam Silver is on record saying the current 19-year-old age limit is not working for the league or college basketball.
This is the first step in formal negotiations to lower the age limit by the 2022 draft. The issue is collectively bargained between the NBA and NBPA, and both sides need to agree to any rule change.
Sources: Bucks Interested in JR Smith, Buyout Unlikely
The Milwaukee Bucks have interest in JR Smith, sources said, though Smith and the Cavs are not close on a buyout. There is very little incentive for Cleveland to buy him out, and at this stage in his life, NBA money is important to Smith.
Smith is guaranteed $3.9 million for next season and $15.7 million if he’s on Cleveland’s roster July 1. What this means for the Cavs is — there is great reason to hold on to him for the rest of the season, and then try to trade him before July 1. If they fail, then they either waive him by June 30, paying him the $3.9 million to walk, they take on his full contract with the hope of being able to trade it by the February deadline next season, or they keep him past July 1 in an effort to trade him by a late August deadline to “waive and stretch” his contract. In essence, this would be risking $12 million for an extra two months to trade him.
Source: Joe Vardon of The Athletic
Report: Zion Williamson Day-to-Day with Right Knee Sprain
NEWS: Zion Williamson was diagnosed with a Grade 1 right knee sprain. He is progressing as expected, and his status is day-to-day.
NEWS: Zion Williamson was diagnosed with a Grade 1 right knee sprain. He is progressing as expected, and his status is day-to-day. pic.twitter.com/H8YUZGnOyc
— Duke Basketball (@DukeMBB) February 21, 2019
Source: Duke Basketball on Twitter