National Basketball Association

CMG Companies Announces Its Intentions to Expand Its Sports-Franchising Portfolio

Retrieved on: 
Tuesday, September 13, 2022

Dallas, Texas--(Newsfile Corp. - September 13, 2022) - US-based investment and multi-unit franchising organization, CMG Companies, has unveiled plans to continue its growth across the sports-franchising industry.

Key Points: 
  • Dallas, Texas--(Newsfile Corp. - September 13, 2022) - US-based investment and multi-unit franchising organization, CMG Companies, has unveiled plans to continue its growth across the sports-franchising industry.
  • After having invested in numerous teams within cricket and soccer, the firm is taking steps to accelerate the expansion of its portfolio in this area.
  • This announcement comes in light of the news that private equity firms are increasingly turning their attention towards sports franchises.
  • CM Sports is propelling this move towards sports-franchises being part-owned by investment firms, and senior officials from the company have revealed plans to expand its portfolio.

FANDUEL GROUP AND WNBA ANNOUNCE MULTIYEAR PARTNERSHIP RENEWAL

Retrieved on: 
Thursday, September 8, 2022

NEW YORK, Sept. 8, 2022 /PRNewswire/ -- The Women's National Basketball Association (WNBA) and FanDuel announced a multiyear partnership extension today, making FanDuel an Official Sportsbook Partner and Official Daily Fantasy Partner of the WNBA. The extension arrives five years after FanDuel initially partnered with the WNBA, which marked the company's first partnership with a women's professional sports league and the first major fantasy operator to launch a WNBA game.

Key Points: 
  • NEW YORK, Sept. 8, 2022 /PRNewswire/ --The Women's National Basketball Association (WNBA) and FanDuel announced a multiyear partnership extension today, making FanDuel an Official Sportsbook Partner and Official Daily Fantasy Partner of the WNBA.
  • As part of the multiyear agreement, FanDuel becomes an Official Sportsbook Partner and continues to be an Official Daily Fantasy Partner of the WNBA, operating the Official Daily Fantasy Game of the WNBA.
  • In addition, FanDuel and the WNBA will collaborate on responsible gaming and best-in-class practices to protect the integrity of WNBA games.
  • "FanDuel has made a concerted effort to support sports equity," said Amy Howe, CEO of FanDuel Group.

NBA and NBPA Team up with Sorare to Launch Free-to-Play Fantasy Basketball Game

Retrieved on: 
Wednesday, September 7, 2022

The National Basketball Association (NBA), National Basketball Players Association (NBPA) and Sorare today announced a multi-year partnership that makes Sorare the Official NFT Fantasy Partner of the NBA.

Key Points: 
  • The National Basketball Association (NBA), National Basketball Players Association (NBPA) and Sorare today announced a multi-year partnership that makes Sorare the Official NFT Fantasy Partner of the NBA.
  • Sorare will launch the first officially licensed, free-to-play digital collectible-based fantasy basketball game, which will be released this fall for the NBAs 2022-23 season.
  • As part of the partnership, Sorare will have the rights to utilize official NBA league and team logos across its products.
  • The National Basketball Players Association is the union for current professional basketball players in the National Basketball Association (NBA).

Cue Health Makes De Novo Submission to FDA for Full Clearance of its Cue® Flu Molecular Test

Retrieved on: 
Thursday, September 1, 2022

FDA clearance of Cue's test would provide the public, for the first time, an at-home and POC molecular flu test that has been fully reviewed by the FDA for safety and effectiveness.

Key Points: 
  • FDA clearance of Cue's test would provide the public, for the first time, an at-home and POC molecular flu test that has been fully reviewed by the FDA for safety and effectiveness.
  • Clinical study results with the Cue Flu Molecular Test were favorable, demonstrating 99% accuracy1compared to FDA cleared molecular (PCR) laboratory tests for influenza A&B.
  • The Cue Flu Molecular Test cartridge uses a lower nasal swab and is compatible with the Cue Reader, which communicates test results digitally via Bluetooth to a mobile device in approximately 25 minutes.
  • "This FDA submission for our Cue Flu Molecular Test is another important milestone on Cue's path to pioneer a new approach to diagnostics in homes, enterprises, and healthcare settings," said Ayub Khattak, Chairman and CEO of Cue Health.

G-III Apparel Group Announces Date for Second Quarter Fiscal 2023 Results

Retrieved on: 
Wednesday, August 31, 2022

G-III Apparel Group, Ltd. (NASDAQ: GIII) a global fashion leader with expertise in design, sourcing, and manufacturing, today announced that it will release its second quarter fiscal 2023 earnings before the market opens on Wednesday, September 7, 2022.

Key Points: 
  • G-III Apparel Group, Ltd. (NASDAQ: GIII) a global fashion leader with expertise in design, sourcing, and manufacturing, today announced that it will release its second quarter fiscal 2023 earnings before the market opens on Wednesday, September 7, 2022.
  • Management will host a conference call to discuss results at 8:30 a.m.
  • ET that same day, followed by a question and answer session for the investment community.
  • G-III designs, sources and markets apparel and accessories under owned, licensed and private label brands.

Connexa Sports Expands its Technology Footprint in the NBA

Retrieved on: 
Tuesday, August 30, 2022

BALTIMORE, Aug. 30, 2022 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (NASDAQ: CNXA) (www.connexasports.com) is pleased to announce further expansion within the National Basketball Association (NBA). PlaySight’s connected camera platform has become the standard for multi-angle practice and performance video throughout the league and across professional sports. After several new teams partnered with the company this past off-season, there are now 18 NBA organizations that rely on PlaySight technology for daily practice, scouting and player development video needs.

Key Points: 
  • After several new teams partnered with the company this past off-season, there are now 18 NBA organizations that rely on PlaySight technology for daily practice, scouting and player development video needs.
  • PlaySight has been building for technology since 2016, and the sport was the second market that the company entered after launching first in tennis in 2015.
  • PlaySight technology has enabled teams to be more efficient with their staff and coaching according to several of the companys partners.
  • The fact that so many NBA teams use them and rely on the tech daily is a testament to the technology and the talent on the R&D team.

Cue Health Launches Cue Care™ Nationwide to Provide Same-Day, At-Home, Test-to-Treatment Service for COVID-19

Retrieved on: 
Monday, August 29, 2022

Within a few weeks, Cue Health anticipates expanding this new service to patients who test positive on any COVID-19 test, including at-home antigen tests.

Key Points: 
  • Within a few weeks, Cue Health anticipates expanding this new service to patients who test positive on any COVID-19 test, including at-home antigen tests.
  • "Early diagnosis and treatment have shown to lead to better health outcomes, which is why we're proud to deliver timely testing and treatment all within the Cue Health App," said Ayub Khattak, Chairman and CEO of Cue Health.
  • "Cue Care meets the need today for convenient delivery of COVID-19 treatment, and this capability will support our expanding pipeline of future diagnostics tests."
  • Cue Health (Nasdaq: HLTH) is a healthcare technology company that makes it easier for individuals to access health information and places diagnostic information at the center of care.

REV. AL SHARPTON CALLS ON PAYPAL TO END RELATIONSHIP WITH PHOENIX SUNS MAJORITY-OWNER ROBERT SARVER IN FULL-PAGE AD

Retrieved on: 
Sunday, August 21, 2022

As the NBA's investigation, now in its 10th month, has proceeded, PayPal announced a ground-breaking, international partnership with Mr. Sarver and entities under his ownership, including the Phoenix Suns, the Phoenix Mercury, and Real Club Deportivo Mallorca.

Key Points: 
  • As the NBA's investigation, now in its 10th month, has proceeded, PayPal announced a ground-breaking, international partnership with Mr. Sarver and entities under his ownership, including the Phoenix Suns, the Phoenix Mercury, and Real Club Deportivo Mallorca.
  • Sharpton's letter, which was published as a full-page ad in the AZ Central newspaper today, reads as follows:
    I am writing to demand that PayPal cease doing business with any entity owned or associated with Robert Sarver, including the Phoenix Suns, the Phoenix Mercury, and Real Club Deportivo Mallorca.
  • Yet, PayPal has continued to do business with Robert Sarver, who is a known perpetrator of racism and hate, and is now expanding its business relationship with Mr. Sarver internationally.
  • I reiterate my call for PayPal to end its relationship with Robert Sarver and help hold him accountable for his egregious behavior.

The Chertoff Group adds two Senior Advisors to its team of industry experts

Retrieved on: 
Tuesday, August 16, 2022

WASHINGTON, Aug. 16, 2022 /PRNewswire-PRWeb/ -- The Chertoff Group, a global security advisory firm that enables clients to navigate changes in security risk, technology, and policy, today announced the appointment of Jerome Pickett and John Taflan to its team of respected Senior Advisors. Both had established careers holding high-ranking positions in the U.S. government and were instrumental in national security operations. Their experience and expertise will further enable The Chertoff Group to meet the diverse needs of its clients.

Key Points: 
  • Their experience and expertise will further enable The Chertoff Group to meet the diverse needs of its clients.
  • "We are excited to bring both Jerome Pickett and John Taflan on board as Senior Advisors," said Michael Chertoff, Co-Founder and Executive Chairman of The Chertoff Group.
  • "I am thrilled to join The Chertoff Group working alongside some of the brightest industry experts to help companies level-up, manage risk and innovate."
  • John Taflan joins The Chertoff Group following a distinguished twenty-year career at the National Security Agency (NSA).

TMCF To Present NBA With Champion of Diversity Award

Retrieved on: 
Friday, August 12, 2022

We are excited to recognize the tremendous efforts of the NBA by presenting them with the inaugural Champion of Diversity award, TMCF President and CEO Dr. Harry Williams said.

Key Points: 
  • We are excited to recognize the tremendous efforts of the NBA by presenting them with the inaugural Champion of Diversity award, TMCF President and CEO Dr. Harry Williams said.
  • They have continued to implement impactful strategies to increase diversity, inclusion, and equity in the NBA.
  • In addition, the NBA generated about 17.5 million in earned media value for HBCUs from all-star 2021, TMCF included.
  • On behalf of the entire NBA Family we are honored to receive the TMCF Champion of Diversity Award, NBA Chief People and Inclusion Officer Oris Stuart said.