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21 articles summarized · Last updated: LATEST

Last updated: August 14, 2026, 11:43 PM ET

Lakers Sold for Record-Breaking $12.5 Billion

The Los Angeles Lakers have been sold to businessmen Josh Kushner and Bob Iger for a staggering $12.5 billion, marking a record-breaking transaction in the NBA. This monumental deal has sent shockwaves through the league, prompting reactions from executives and agents who spoke with ESPN about the implications of the sale. The new ownership group's vision for the storied franchise is now a focal point of discussion.

Westbrook Announces Retirement After 18 Seasons

Russell Westbrook has officially announced his retirement from the NBA after an illustrious 18-year career. Westbrook, who played for seven different teams, redefined the triple-double and leaves behind a polarizing but undeniably impactful legacy. His tireless and thrilling style of play will be remembered as he transitions from the court.

Kevin Garnett's No. 21 to be Retired by Timberwolves

The Minnesota Timberwolves will honor Kevin Garnett by retiring his No. 21 jersey. This marks the second jersey retirement for Garnett, who also had his No. 5 retired by the Boston Celtics. The ceremony will take place after a Celtics game, adding a layer of significance to the event.

Bradley Beal Returns to Clippers on Two-Year Deal

Guard Bradley Beal has agreed to a two-year, $13.2 million contract to remain with the Clippers. The deal includes a player option for the second season, providing Beal with flexibility. He will continue his tenure with the team after this agreement.

Cavaliers Trade Dennis Schroder to Hornets

The Cavaliers are sending guard Dennis Schroder and cash considerations to the Charlotte Hornets in exchange for guard Tre Mann. This trade brings a new dynamic to both rosters as the league continues its player movement.

Charles Oakley's Assault Case Against MSG Dismissed

A judge has dismissed the assault case brought by former Knicks player Charles Oakley against Madison Square Garden security. The ruling stated that Oakley "produced no evidence to support his claim" of being assaulted by MSG security guards.

NBA Schedule Highlights Key Player Reunions

The NBA's 2026-27 schedule is set to feature several highly anticipated player reunions. Notably, Giannis Antetokounmpo and Jaylen Brown are slated to return to their former home arenas. The league's schedule release also includes significant matchups for Opening Night and Christmas Day.

NBA Cup Kicks Off with High-Profile Games

The NBA Cup will commence with a slate of compelling games, including a rematch between the Knicks and the 76ers, and LeBron James' Lakers facing the Warriors. This marks the opening day of the tournament, promising exciting early-season action.

Stephen Curry Expected to Finish Career with Warriors

Warriors General Manager Mike Dunleavy expressed confidence that Stephen Curry will finish his career with the team. Curry is currently on an expiring contract, but the GM indicated he is on track to remain a Warrior for life.

Hall of Fame Buzz: Garnett, Westbrook, and Others

With Kevin Garnett set to have his number retired and Russell Westbrook retiring, the discussion around Hall of Fame inductees continues. Several other NBA stars, including Westbrook, are considered strong candidates for future Hall of Fame enshrinement, with 11 players currently on the waiting list. Doc Rivers is also preparing his Hall of Fame speech, reflecting on the process.

Greek Club Made Serious Offer for Nikola Jokic

The owner of Panathinaikos Basketball Club in Greece has revealed that his team made a "serious offer to sign Nikola Jokic out of his NBA contract. He expressed optimism about potentially signing the three-time MVP in 2027.

Grizzlies and Pelicans Preview Upcoming Season

The Memphis Grizzlies and New Orleans Pelicans are both to the 2026-27 season. The Grizzlies are assessing their team after trading two cornerstone players, while the Pelicans are evaluating the impact of a quiet summer. Both franchises are aiming for success in the upcoming campaign.

Mavericks and Rockets Focus on New Eras

The Dallas Mavericks are entering a new era with front office and coaching changes, looking to see where these shifts will lead them. Meanwhile, the Houston Rockets are aiming to contend in the Western Conference with players like Kevin Durant and Amen Thompson.

Terry Rozier Co-Defendant's Bond Revoked

A federal judge has revoked the bond of Deniro Laster, a co-defendant in an NBA gambling case and a friend of former Miami Heat guard Terry Rozier. Laster's bond was revoked for violating the conditions of his release.

LeBron James Mural Appears in Philadelphia

A new mural celebrating LeBron James has been painted in Philadelphia's Chinatown. Titled "The Legendary Partner for the City of Brotherly Love," the artwork by Chenlin Cai honors the star player.