David Stern Rumors
NBA Commissioner Emeritus David Stern talks with Scarlet Fu about his advisory role at Greylock Capital, the excitement of tech start-ups, and the next frontier for expanding the NBA brand via technology. He speaks from the Milken Institute Global Conference on “Bloomberg Markets.” (Source: Bloomberg)
The Blazers had young players such as Jerryd Bayless and Nicolas Batum, along with the expiring contracts of Joel Przybilla and Miller. The reported deal was Paul and forward Emeka Okafor for Miller, Przybilla, Bayless, Batum and a first-round draft pick. The Hornets reportedly stopped the deal, claiming the team owner wasn’t prepared to trade Paul. “You’ve got to talk to (Hornets general manager) Dell Demps about that,” Paul said. Paul was traded to the Los Angeles Lakers in Dec. 2011, but amid an outcry by league owners, then-commissioner David Stern vetoed the trade. He was traded to the Clippers a week later.
Former NBA Commissioner David Stern once booted Vecsey from a league-sanctioned studio show (more on that later), but has since come to count the reporter as a friend. “He had very good relationships and very good sources – he used to drive our general managers crazy because he was up on things that nobody else had information about,” Stern tells me. “We’ve had some pretty interesting shouting matches because there were times his instincts were not as great as he thought they were, and he had a story ass-backwards, but I actually came grudgingly to accept his basketball nose for picking up interesting stories.”
He first began working as a special assistant to former NBA Commissioner David Stern and continues in that job under Commissioner Adam Silver. He also spent years as chairman of the NBA’s Stay In School program, one of the league’s most important social causes. “Bob created the position of global ambassador for the league before we or our teams were doing it,” Silver said. “Even now as commissioner, I learned how to carry myself from watching Bob deal with people and his generosity of spirit. He has a special way with people.”
StatMuse Inc., an interactive sports media platform powered by natural language search, today announced a $10 million Series A investment with participation from Techstars, The Walt Disney Company (through a subsidiary), Allen & Company, Greycroft Partners, Promus Ventures, Haas Portman, Deep Fork Capital, and Bee Partners. In addition, the investment round included notable sports media figures such as former NBA commissioner David Stern and United Talent Agency.
As the investment banker Paul J. Taubman builds his boutique firm, he is bringing on one of his longtime clients as a consultant of sorts. Mr. Taubman’s firm, PJT Partners, has hired David J. Stern, the former commissioner of the National Basketball Association, as a senior adviser on what Mr. Stern insists will be more than just sports deals. It is one of the first major appointments to be announced by PJT after it began its new life as a publicly traded company.