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Report: Tony Parker to Retire

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Smiling as he sat down in a hotel suite in the “Alamo City,” Tony Parker looked at peace. After 18 NBA seasons, it was only fitting he was going to make an important announcement in San Antonio, where he was raised from a teenager to a man after coming over from France in 2001.

“I’m going to retire,” Parker told The Undefeated. “I decided that I’m not going to play basketball anymore.”

The 28th overall pick by the San Antonio Spurs in the 2001 NBA draft, Parker had previously said his goal was to play 20 seasons. He ended shy of that goal, but the future Basketball Hall of Famer finished his career with numerous accomplishments.

Source: Marc J. Spears of The Undefeated

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Sources: DeMarcus Cousins Suffers Torn ACL

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Los Angeles Lakers center DeMarcus Cousins has suffered a torn ACL in his knee, league sources tell @TheAthleticNBA @Stadium.

Source: Shams Charania on Twitter

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Sources: Patrick Patterson, Clippers Agree to Deal

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Free agent forward Patrick Patterson has agreed to a one-year, $2.3 million deal with the Los Angeles Clippers, league sources tell ESPN.

Source: Adrian Wojnarowski on Twitter

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Sources: Joseph Tsai to Buy Remaining 51% of Brooklyn Nets

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Joseph Tsai, the billionaire co-founder of e-commerce giant Alibaba, is close to signing a deal to buy the 51% of the Brooklyn Nets he does not already own from Russian billionaire Mikhail Prokhorov, sources told The Post.

The deal is expected to be announced this week, sources said.

The $2.35 billion transaction would mark the highest price ever paid for a sports franchise — beating hedge fund owner David Tepper’s $2.2 billion acquisition last year of the NFL’s Carolina Panthers and Tilman Fertitta’s $2.2 billion purchase of the NBA’s Houston Rockets in 2017.

Tsai already owns 49% of the team, which he bought for $1 billion last year. At that time, the 55-year-old businessman locked in the right to buy the remaining 51% of the team before the 2021-2022 basketball season for an additional $1.35 billion.

Source: Josh Kosman and Brian Lewis on Twitter

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