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11 articles summarized · Last updated: LATEST

Last updated: August 13, 2026, 11:40 PM ET

NBA Ownership Shakeup

The Los Angeles Lakers are changing hands in a landmark deal, with Josh Kushner and Bob Iger set to acquire the franchise for a staggering $12.5 billion. This sale represents a record-breaking price for an NBA team. Sources close to the situation revealed the details of the transaction, which has sent ripples throughout the league. The implications of this sale and the motivations behind it are being widely discussed among NBA sources.

Player Milestones and Retirements

Veteran guard Russell Westbrook has announced his retirement from the NBA after an illustrious 18-season career. Westbrook played for seven different teams during his tenure, leaving a significant mark on the league. His career is being examined, with insiders discussing his impact and legacy, particularly his revival of the triple-double.

Upcoming Season Previews

As the league gears up for the 2026-27 season, teams are making their preparations. The Dallas Mavericks are looking at a new era following front office and coaching changes. Meanwhile, the New Orleans Pelicans are hoping their quiet summer will translate into success on the court.

League Schedule and Events

The NBA Cup is set to kick off on October 30th with a slate of exciting matchups. The opening day will feature a highly anticipated rematch between the New York Knicks and the Philadelphia 76ers, alongside a contest between LeBron James' Lakers and the Golden State Warriors.

Team Futures and Player Commitments

Golden State Warriors General Manager Mike Dunleavy has expressed strong confidence that Stephen Curry will finish his career with the franchise. Curry is currently on an expiring deal this season, but the team anticipates a long-term commitment. In other news, a notable mural of LeBron James, titled "The Legendary Partner for the City of Brotherly Love," has been painted in Philadelphia's Chinatown by artist Chenlin Cai, celebrating the star's connection to the city.

Legal Proceedings Impacting Players

In legal news, a federal judge has revoked the bond of Deniro Laster, a co-defendant in an NBA gambling case and an associate of former Miami Heat guard Terry Rozier. Laster's bond was revoked due to alleged violations of his release conditions, including actions taken on Instagram.

Coaching Reflections

Doc Rivers is preparing for his Hall of Fame induction and reflected on the process of crafting his speech. He noted that during the trial-and-error of writing, he realized the speech would ultimately not be about himself.