“We are committed to being well capitalized, and all …

“We are committed to being well capitalized, and all that precedes the play,” said George, who describes his background as “building software companies” and whose bio cites 25 years of “business development history” that includes involvement with four businesses that were purchased by Fortune 100 companies. “You see a lot of people launch (these kinds of leagues), and then run out of (financial) runway. We said, ‘Let’s build the runway, and let’s make sure it’s there — take a day and stop and look at it and smile about it — and then let’s start landing planes on it.’ That’s the sequence.”

More on Champions League

Behold The Champions League, a non-NBA affiliated venture where the league’s chairman and CEO, Carl George, is hoping to provide family-friendly and affordable entertainment during the NBA’s downtime. The vision, expected to be announced formally today, looks like this. Sixteen teams to begin competing in the summer of 2016, with a strong preference for players who have competed in the NBA during the last three years. According to George, the New York team is already fully formed and includes former NBA players Al Harrington, Rasheed Wallace and Maurice Ager. Teams in Boston, Philadelphia, Washington, Miami, Orlando, Atlanta and Cleveland are up next, with the goal to employ approximately 250 players in all (170 on teams, others as player-coaches or in other roles). Each team would have two former NBA All-stars on the roster and a Hall of Famer in the front office. George said that 60 players have committed to this point, with many more “in the pipeline” while the subsequent teams are rolled out.
Approximately 30 games to be played in July and August, with 10 charity/marketing events in non-NBA markets during the non-season months also included as part of a player’s compensation package. On average, George said, players would make approximately $200,000 per year (for 80 or 90 days of work) in their pay structure if they take part in both the season and the charity events. The strategy to attract the best-of-the-rest players is simple: provide a far better payday than the NBA’s Development League (top tier approximately $25,000) while offering a more-comfortable alternative to the overseas route that can certainly lead to more money but that, inevitably, requires a life-changing relocation.
“As surprising as it might sound, it comes as a surprise to most of (the players) when their career does come to an end,” George told USA TODAY Sports. “What we become, then, is a transition from that point forward. And we’re thrilled to be at that place. We’re the next step in the evolution."
Storyline: Champions League
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August 15, 2022 | 2:10 am EDT Update

Giannis Antetokounmpo doesn't rule out playing for the Bulls in the future

Fox 32 Chicago Sports: Giannis on playing for the #Bulls someday tonight on The Sports Zone on Fox 32 Chicago. @fox32news @foxkickoff @LouCanellis @CassieCarlsonTV @Giannis_An34

“I think anyone asked that question who plays basketball, if he said no, he’d be a liar. It’s a team that won multiple championships, a team with one of the greatest players, if not the greatest player to ever play this game. It’s a no-brainer, everybody would love to play for Chicago. Down the line, you never know. You never know how life brings it. Maybe I play for Chicago,” Antetokounmpo said. “But right now, I’m committed to Milwaukee.”

Lakers to open season vs. Warriors

Clippers coach Tyronn Lue is unbeaten in seven games against the Lakers since taking over two seasons ago, while it will be Lakers coach Darvin Ham’s first meeting of arena tenants since his hiring in May. The game will be the Clippers’ season opener, while the Lakers will open two days earlier, on Oct. 18, at defending champion Golden State, according to a person with knowledge of the schedule.
On Sunday, Durant sent a tweet hinting that he’s going to delete his account on the platform amid the talks that it is ruining his legacy. However, he has since deleted the post. What’s interesting is Kevin Durant sent it out after people kept criticizing him for being the culprit in the current state of the player empowerment era in the NBA. A lot of players seem to be abusing that power to get out of situations they don’t like despite signing their contracts and teams paying them tons of money.
Clutch Points: Steph Curry, Seth Curry, Jayson Tatum, Rich Paul and company at Draymond Green’s wedding 💯 (via tatum_camps/IG) pic.twitter.com/NYHtcmFrhr