NBA Basketball 3 Days

Last updated: August 15, 2026, 5:38 AM ET

Lakers Sale and Ownership Changes

The Los Angeles Lakers are officially being sold for a staggering $12.5 billion, a deal that has sent shockwaves through the league. The buyers are a group led by Josh Kushner and Bob Iger, marking a record-breaking transaction in NBA history. This sale has prompted significant discussion among NBA executives and agents regarding its potential implications for the league's financial landscape and future ownership models. The unprecedented price tag has left many in the basketball world astonished.

Player Movement and Roster Updates

In player transactions, the Cavaliers are reportedly trading guard Dennis Schroder and cash considerations to the Charlotte Hornets in exchange for guard Tre Mann. Meanwhile, Bradley Beal has agreed to a two-year, $13.2 million deal to remain with the Clippers, which includes a player option for the second season. On the coaching front, Doc Rivers is preparing for his Hall of Fame induction, reflecting on the support he has received during the process of crafting his speech.

Schedule Highlights and Future Outlook

The NBA's 2026-27 schedule is set to feature some compelling matchups, including early season reunions for prominent players. Notably, the schedule includes anticipated returns for Giannis Antetokounmpo and Jaylen Brown to their former teams in January. Opening night of the NBA Cup will tip off with a doubleheader featuring the Knicks against the 76ers and a clash between the Lakers and the Warriors. The league is also to the 2026-27 season with previews for teams like the Grizzlies, and Mavericks, examining how their offseason moves and potential coaching changes will shape their performance. The Rockets, with players like Kevin Durant and Amen Thompson, are aiming to contend in the Western Conference.

Retirements and Hall of Fame Buzz

Russell Westbrook has announced his retirement from the NBA after an impressive 18-season career. Westbrook, known for reviving the triple-double, leaves behind a polarizing yet impactful legacy. He is expected to be a strong candidate for the Basketball Hall of Fame, joining other notable players on the waiting list who are poised for future induction. The Timberwolves will also be retiring Kevin Garnett's No. 21 jersey, adding another honor to his storied career.

Legal Matters and International Interest

In legal news, a judge has dismissed the assault case brought by former Knicks player Charles Oakley against Madison Square Garden. The ruling stated that Oakley failed to provide evidence to support his claims of an assault by MSG security guards. Separately, a federal judge revoked the bond of Deniro Laster, a co-defendant in an NBA gambling case and an associate of Terry Rozier. On the international front, the owner of Panathinaikos Basketball Club in Athens has expressed interest in acquiring Nikola Jokic, having made a "serious" offer and indicating plans to pursue him again in 2027. In Philadelphia, a mural celebrating LeBron James titled "The Legendary Partner for the City of Brotherly Love" has been painted in Chinatown by artist Chenlin Cai.