While Deng says he is not quite ready to hang up his high-tops, he will be looking for a new contract as NBA free agency unfolds next month. He is still owed $15 million by the Los Angeles Lakers, as part of the four-year, $72 million contract he signed in 2016 (the Lakers and Deng reached a buyout agreement on the final two years of the deal in 2018). But his original side hustle has set him up for a lucrative second career. “I don’t think anyone has invested in real estate to this scale and level of sophistication while they are still an active player,” Gross says. “Most people wait until they are finished. Luol is going to hit the ground running.”
June 23, 2021 | 8:34 pm EDT Update
June 23, 2021 | 7:44 pm EDT Update
Spoelstra has accepted an invitation to join the USA Basketball coaching staff for its Olympic preparations in Las Vegas next month. The Miami Heat coach, who went head-to-head against Popovich and San Antonio in the 2013 and 2014 NBA Finals, will be involved coaching the U.S. select team — a group of players that will be brought in to practice and scrimmage against the Olympic roster.
“I really just want to be a part of the program,” Spoelstra said. “I’m always pushing myself to get better in the offseasons; I go visit people and all that stuff. This is going to be a basketball immersion. I mean, the dinners, the team meetings … for where I am right now in my career, I think this is the perfect thing for a summer of development.”