Charlotte Hornets Rumors
Charlotte Hornets President of Basketball Operations & General Manager Mitch Kupchak announced today that the team has signed Xavier Sneed. Per team policy, terms of the deal were not disclosed. Sneed was a member of the Hornets 2021 Summer League Roster in Las Vegas, averaging 6.3 points, 3.3 rebounds and 2.0 assists in four games. He appeared in 13 games last season with Charlotte’s G League affiliate, the Greensboro Swarm, averaging 8.1 points, 4.0 rebounds and 1.9 steals per game. Sneed finished the 2020-21 season with the second-best steals per game average amongst league leaders.
The Charlotte Hornets released the following statement today: “The Charlotte Hornets are deeply saddened to learn about the passing of Gene Littles. Gene played an important role in the history of the Hornets and basketball in North Carolina. He served as an assistant coach during the team’s inaugural 1988-89 season, before being named the second head coach in Hornets history on January 31, 1990.
Sportradar went public via an IPO on Tuesday at a valuation just under $8 billion, just as the rise of sports betting presents global opportunities. The company raised $513 million through the IPO, according to CFO Alex Gersh, and an additional $169 million from a concurrent placement with Eldridge Industries, a holding company owned by Los Angeles Dodgers owner Todd Boehly.