Day Lila

Sports · Sunday, 13 September 2026

01 Briefing what happened

The NBA's owners meet on Monday. The record Lakers sale is not up for a vote; two new teams and a suspended owner are.

Sports 36 sources

Basketball's 30 owners gather in New York on Monday and Tuesday. The $12.5bn sale of the Lakers is reported to be off the agenda, while the price of two new teams, a league in Europe and the punished Clippers are on it. Across the day, a league is a club: its members vote on who joins, who is thrown out, and what a newcomer pays.

$12.5bn

agreed for the Lakers, and not yet on the owners' voting list

Walter bought the club for $10bn only 14 months before he agreed to sell [2][7]

$15bn to $18bn

what two new teams could pay the 30 existing owners to join

some clubs project $500m to $600m each; Las Vegas bidders near $8bn were told to go higher [1]

13

NBA teams sold in the past seven years

the fastest turnover of owners the league has seen; Minnesota changed hands again last month at $4.5bn [3]

1

subpoena issued so far by federal prosecutors in Brooklyn over the Clippers

the same office prosecuted FIFA officials in 2015 and NBA gambling cases this decade [5]

The lead story — what happened

  • The NBA's board of governors, the 30 club owners, meets in New York on Monday and Tuesday. ESPN calls it potentially one of the most consequential meetings in years, with the Clippers case, a European league and expansion all on the table. [1]
  • The $12.5bn sale of the Los Angeles Lakers to Josh Kushner and Bob Iger still needs the owners' approval. The Los Angeles Times reports it is unlikely to be on the docket this week. [2]
  • Mark Walter agreed to sell the Lakers 14 months after buying them for $10bn. [7] He stays chairman of baseball's Los Angeles Dodgers. [8] Federal investigators are examining insurance companies he owns. [7][3]
  • Jeanie Buss, the Lakers' governor, is fighting her siblings' decision to sell the family's remaining 17.8 per cent. Her petition to block that sale will be heard on 8 December, moved back from 5 November. [2][3]
  • Expansion may get a vote, or a date for one. Bidders for a Las Vegas team who started near $8bn were told the number would be higher; a Seattle team could sell for considerably less. [1]
  • Some clubs expect $500m to $600m each from expansion, a combined fee of about $15bn to $18bn shared among the existing owners. [1]
  • The league wants a 16-team European competition from 2027, with 12 permanent members and four rotating. London and Paris franchises are expected to go for more than $1bn each. EuroLeague's owners meet on 5 October to answer. [1]
  • The Clippers have not said whether they will sue, who will sit as their governor while owner Steve Ballmer is suspended, or who runs basketball operations while Lawrence Frank is suspended. Kawhi Leonard's agreed trade to Toronto has still not been executed. [1] Leonard had wanted to stay, but the club made him no long-term commitment; he has one season left at $50.3m. [6]
  • Federal prosecutors in Brooklyn have opened a criminal investigation into the Clippers' payments to Leonard, and at least one subpoena has been issued. Daktronics, one of the four sponsors named, says the US securities regulator is also asking it for information. [5][4]
  • Under the league's constitution, the contract that binds every owner, the commissioner's decisions are final and binding and count as arbitration awards. That is why Ballmer's threat of legal action is an uphill one. [4]
  • The NBA has seen 13 franchise sales in seven years. Since 2016 the number of billionaires worldwide has nearly doubled, from 1,800 to 3,400, and league sources do not expect prices to stop rising. [3]

Who is involved

  • Adam Silver

    the NBA's commissioner for 12 years; he punished the Clippers and gives his news conference on Tuesday

  • Josh Kushner and Bob Iger

    a venture capitalist and the former chief executive of Disney; they agreed to buy the Lakers at $12.5bn and are waiting for the other owners

  • Mark Walter

    the seller of the Lakers, who owns baseball's Dodgers; federal investigators are examining insurance companies he owns

  • Steve Ballmer

    the Clippers' owner, suspended for a year and fined $30m; his club has not named who sits in his place

  • Jeanie Buss

    the Lakers' governor and a daughter of the family that owned the club for decades; she is suing to keep her share

How it unfolded

  1. 12 Aug Walter agrees to sell the Lakers to Iger and Kushner at $12.5bn [3]
  2. 2 Sep the NBA suspends Ballmer for a year, fines the Clippers $30m and takes five first-round picks [3]
  3. Thu the New York Times reports a criminal investigation by prosecutors in Brooklyn [5]
  4. Mon-Tue the owners meet in New York; Silver speaks on Tuesday [1]
  5. 5 Oct EuroLeague's owners meet near Lake Como to decide on the NBA's European league [1]
  6. 8 Dec a court hears Jeanie Buss's petition to stop her family's sale [2]

Where this points

Watch whether Silver names a date for an expansion vote and a price for Las Vegas on Tuesday; if he gives neither, the meeting was about the Clippers.

What is pushing on the whole day

The bar and the word are our reading of how hard each one is pushing today. The arrow is where it is heading. The evidence is in the stories below.

Owners voting on each other High

The Lakers' buyers wait for a vote of the league's owners that is not expected this week. [2] The SEC, one of the main conferences in American college sport, asked a federal court for the power to expel LSU after the other 15 members voted for a rule and LSU abstained. [9][11] EuroLeague's club owners vote on 5 October on joining the NBA's European league. [1]

Prosecutors inside the sport Building

Federal prosecutors in Brooklyn opened a criminal case over the Clippers' payments to Kawhi Leonard. [5] Mark Walter sold the Lakers while federal investigators examine insurance companies he owns. [7] The NFL is under a Justice Department investigation into how it bundles games and prices subscriptions. [36]

Players betting on themselves Building

Detroit's Jalen Duren is weighing a one-year $9.6m offer over a five-year deal near $190m, to reach the open market next summer. [23] Ramon Laureano of the San Diego Padres played seven weeks on a torn hip in a contract year before telling anyone. [26] A'ja Wilson, the world's best player, skipped the World Cup to be fit for her club's title run. [20]

The price of a new team High

NBA clubs expect two new teams to pay $15bn to $18bn between them. [1] Baseball's next entry fee is expected to be about $2.5bn, and Salt Lake City has an owner, a site and $900m of state money lined up. [25] A London or Paris franchise in the NBA's European league is expected to cost more than $1bn. [1]

The rest of the day

15 more stories on this beat.

Each with its own sources. None of these is a link to the story above.

  1. 02

    The SEC asks a court for the power to expel LSU

    The Southeastern Conference, a league of American universities, told a federal court in Alabama it wants the legal authority to expel Louisiana State University. [9][10] The fight is over Dae'Quan Wright and Zxavian Harris, who signed NFL contracts this summer and then tried to return to college. [10] The other 15 members voted 15-0 for penalties on any club that plays a former professional; LSU abstained. [11] LSU left both players off its final roster, and the presidents did not hold the expulsion vote they had scheduled. [11][12] Georgia's president said on Friday the members now back the SEC writing its own rules, separate from the NCAA. [12]

    Why it matters — A conference can throw out a member by vote, and LSU backed down the week the vote was scheduled. The bigger move is the SEC's: a year of talk about leaving the NCAA is turning into a plan for its own rulebook and possibly its own salary cap. [12]

  2. 03

    The biggest British fight fell apart over a venue

    Tyson Fury says his fight with Anthony Joshua is off. [13] Both men had signed contracts with Sela, the promoter, and Turki Alalshikh, the chairman of Saudi Arabia's General Entertainment Authority, was paying for it. [13][16] Joshua's contract says the fight must be in Britain; Fury's does not, and the promoters wanted New York's Madison Square Garden. [13][14] Alalshikh wants a bigger share of the American market. [14] Fury then called out Oleksandr Usyk for November, and Usyk's manager said Usyk is not Fury's backup plan. [14]

    Why it matters — The man paying for the fight chose the country, and the two boxers' contracts did not agree on it. A fight British fans expected at Wembley stalled because the money wanted New York. [13][14]

  3. 04

    A new promoter ran a fight it does not own

    Ryan Garcia was due to defend his WBC welterweight title against Britain's Conor Benn on Saturday night in Las Vegas, on a card promoted by Zuffa Boxing and shown on Paramount+. [15] Zuffa belongs to TKO and works with Alalshikh's money; Dana White, who built the UFC, is its lead promoter. [15][16] Garcia is still under contract to Oscar De La Hoya's Golden Boy Promotions, yet Zuffa ran the event. [16] On the undercard, Jai Opetaia had been stripped of his IBF title for signing with Zuffa, and Noel Mikaelian defied his 95-year-old promoter Don King to take the fight. [15]

    Why it matters — Boxing has no single league, so the promoter with the most money sets the card. Zuffa is showing it can stage the biggest fights whether or not it holds the fighters' contracts. [16]

  4. 05

    The WNBA looks for a boss who answers to the NBA

    The WNBA, the top women's basketball league, begins searching for a new commissioner this month, as Cathy Engelbert prepares to leave within months. [17][19] The hire is expected to be made by the NBA's commissioner Adam Silver, and to report to him, as Engelbert did. [17][19] A source told ESPN the league is open to someone without a corporate background, after Engelbert's strained relations with players. [17] Candidates named include Nneka Ogwumike, who led the players' union for ten years through two labour deals and retires as a player this season. [17][18]

    Why it matters — The job runs a league with billion-dollar franchises but still reports to a man who runs another league. Whoever is chosen will negotiate with the players on one side and Silver on the other. [19] The season resumes on 17 September, and the salary cap this year was $7m. [35]

  5. 06

    The world's best player skipped the World Cup

    The United States and France meet in the women's basketball World Cup final in Berlin on Sunday, after the Americans beat Spain 76-66 on Saturday. [21][22] France won all five games by an average of 35.6 points and has eight current WNBA players on its roster. [21] A'ja Wilson, the WNBA's best player, withdrew from the American team days before it flew, to protect a sore back for her club, the Las Vegas Aces. [20] Under the league's new labour deal a champion earns $60,000 a player, and the season grows to 50 games by 2027. [20]

    Why it matters — The World Cup was moved earlier than usual, into the club season. [20] A national team used to be the biggest stage a women's basketball player had. Now the club pays enough that the calendar clash goes the club's way, and the rest of the world has caught up while it did. [20]

  6. 07

    Duren may take $9.6m to be free next summer

    Jalen Duren, the Detroit Pistons' 22-year-old All-NBA centre, has until 1 October to accept a one-year qualifying offer of $9.6m, which would make him a free agent next summer. [23] Detroit's last offer was a five-year deal near $190m; he wants at least $200m and could be paid up to $287m. [23] Houston's Amen Thompson, who made neither All-Star nor All-NBA team, signed for $208m this month, which strengthens Duren's case. [23] The Sacramento Kings could make room to pay him the maximum next year, and Detroit can push the deadline to 1 March. [23]

    Why it matters — Detroit sits $46m under the luxury tax now, but big raises are due, and going over the tax three years in four brings a heavier repeater charge. A $10m gap in the price of one player is really a decision about the next three contracts. [23]

  7. 08

    A Florida guard sues for a fifth year

    Denzel Aberdeen, a guard for the Florida Gators, has asked a court in Gainesville for an injunction giving him a fifth season of college eligibility. [24] The NCAA's new rule allows five seasons in five years, but his lawyer says the NCAA is not applying it to players who enrolled in 2022. [24] A federal judge in Colorado ordered that whole class eligible in July; an appeals court paused the order a month later, and Aberdeen became ineligible. [24] He played 12 games and 40 minutes as a freshman and never signed a professional contract. Florida's season opens on 3 November. [24]

    Why it matters — Eligibility in American college sport is now decided court by court, so a player's season depends on which judge hears him. LSU's two former professionals were the SEC's version of the same fight this week. [24][10]

  8. 09

    Six cities line up to pay baseball $2.5bn

    Major League Baseball has not added a club in more than 30 years, and commissioner Rob Manfred wants two new cities chosen before he retires in January 2029. [25] The entry fee is expected to be about $2.5bn, after the Angels sold for $4bn and the Padres for $3.9bn. [25] A bid needs an owner, funded stadium money and a site. Salt Lake City has all three, including $900m of state money for half a stadium. [25] Nashville has none of the three; Portland has $800m of state money and a site but no owner. [25] The contest opens once a new labour deal is done. [25]

    Why it matters — The cities compete by promising public money for a stadium before the league has even opened the contest. The commissioner's retirement date sets the clock, and it favours the bid that is already complete. [25]

  9. 10

    A Padre hid a torn hip for seven weeks

    Ramon Laureano, an outfielder for the San Diego Padres, reaggravated an old hip injury on 8 April and kept playing. [26] He did not tell the training staff how bad it was until 30 May, then had surgery on a torn labrum with a five-month recovery. [26] He was in the last year of his contract and batting first for a team short of outfielders; he calls the decision stupid. [26] In 2021 a doctor recommended surgery on the same hip; with a salary arbitration hearing coming, he chose an injection instead. [26]

    Why it matters — A player paid year to year has a reason to hide pain in the season that decides his next contract. Laureano made the same trade twice, five years apart, and lost most of a season to it. He puts his chance of playing in October under 5 per cent. [26]

  10. 11

    The Seahawks' new owners promise to leave them alone

    The Khosla family gave their first Seattle news conference on Wednesday, after their $9.612bn purchase of the Super Bowl champion Seahawks closed on 3 September. [27] Vinod Khosla, 71, a co-founder of Sun Microsystems, is chairman; his wife Neeru is controlling owner; their son Neal, 33, is vice chairman. [27] Khosla said the best thing they can do is not mess with much, and that the people running the team should make the decisions. [27] The family will stay in the San Francisco area, and has talked with the club about using artificial intelligence, including in football operations. [27]

    Why it matters — A record price bought a team that had just won, so the owners' first promise is not to change it. The test comes with the first losing season. [27]

  11. 12

    Flag football has to win its Olympic place twice

    The NFL says flag football, a version of American football that needs far less gear, is now played in more than 500 Australian schools. [28] Gerrit Meier, who runs the league's international business, says there is no commercial return and success is measured by how many children play. [28] Flag was added to the 2028 Los Angeles Games only, and must fight squash, cricket and others to be kept for Brisbane 2032. [28] Brisbane's organisers choose, and the International Olympic Committee signs off, likely later this year. [28] The league says more than 200 NFL players want to play in Los Angeles. [28]

    Why it matters — One Olympics was a favour to the host city; a second is a permanent place. The NFL is spending in schools now to have a vote go its way before 2028 arrives. [28]

  12. 13

    A Browns cornerback buys into the Guardians

    Denzel Ward, the Cleveland Browns' cornerback, has become a minority investor in the Cleveland Guardians baseball team, joining Travis Kelce. [29] Ward, 29, grew up in a Cleveland suburb and signed a two-year $62m extension in July. [29] The Guardians' ownership is changing. David Blitzer, who co-owns the Philadelphia 76ers and New Jersey Devils, has an option to take control after the 2027 season from the Dolan family, who paid $323m in 1999. [29] Forbes values the club at $1.66bn, 26th of 30. [29]

    Why it matters — An incoming owner is adding local stars as small partners before he takes control; both players sat in his suite for the home opener. [29]

  13. 14

    Chicago's coach measures eight minutes

    The Chicago Bears are judging quarterback Caleb Williams on the middle eight: the last four minutes of the first half and the first four of the second. [30] Head coach Ben Johnson tracks expected points added, a measure of how much each play changes the likely score. [30] In that window last season Williams averaged 0.07 points per dropback, below the league average of 0.10 and far behind New England's Drake Maye at 0.39. [30] Williams cut his sacks from 68 as a rookie to 24 last year, and the club thinks the middle eight is the next number to move. [30]

    Why it matters — A club is coaching its quarterback to eight minutes rather than to a season total. Chicago has never had a passer reach 4,000 yards in a season, and the coach says the passing game's efficiency decides wins. [30]

  14. 15

    Dallas makes $19m appear

    The Dallas Cowboys restructured three players' contracts, turning salary into bonus money counted in later years, and created a little over $19m of room under the salary cap; they now have $33.6m free. [31] Owner Jerry Jones said it shows the club could make a trade before the 10 November deadline, most likely for defence. [31] Their receiver George Pickens is playing on a one-year franchise tag of $27.3m after the club refused to negotiate a long-term deal. [32] A second tag next year would cost 20 per cent more, $32.8m, and Stephen Jones has doubted the club can pay two top receivers. [32]

    Why it matters — The cap does not stop spending; it moves the bill into later seasons. Dallas has borrowed room from future years to shop now, while keeping its best young receiver on a year-to-year lease. [31][32]

  15. 16

    Hockey's owners meet on 22 September about two cities

    The NHL's board of governors meets in New York on 22 September, when it expects an update on expansion bids from Houston and Austin. [33] The league also confirmed the 2027 draft on 25 and 26 June will again have no central draft hall, for a third year. [33] Its new labour deal takes full effect on 16 September and cuts the longest contract a club can give its own player from eight years to seven. [33][34] That gives Minnesota until 15 September to sign Quinn Hughes for eight years at up to $20.8m a season. [34] Anaheim's Cutter Gauthier and Tampa's Nikita Kucherov are also unsigned. [33]

    Why it matters — A rule change with a date creates a deadline nobody negotiated for. Three of the league's best players and their clubs are bargaining against a calendar rather than each other. [33][34]

02 Lesson why it matters

Why a $12.5bn sale still needs the other owners to say yes

A league is a private club. The people already inside vote on who joins, who is thrown out, and how much a newcomer pays to get in.

The twist

The $12.5bn is an offer, not a sale, until the other owners vote on it. The same week, those owners begin setting the price of two new teams, and each of them gets a share of what the newcomers pay.

How it works

  1. A league is owned by its clubs, not by a company above them
  2. So a new owner gets in only by a vote of the old ones
  3. The old owners write the rules and agree in advance that the league's rulings are final
  4. A newcomer pays an entry fee, and the fee is split among the members
  5. So the members decide who gets in, who is put out, and how much the newcomer pays

The same force, elsewhere today

Where this chain is also running, in today's other stories.

  • The SEC's move to expel LSU

    fifteen members voted for a rule, LSU abstained, and the conference then asked a court to confirm the members may vote one of their own out

  • The Clippers' suspended owner

    Ballmer is bound by a constitution saying the commissioner's rulings are final and count as arbitration awards, so his threat to sue runs into a contract he accepted

  • Baseball's expansion race

    six cities are being judged by the 30 clubs already inside, on an owner, funded stadium money and a site, and on paying a fee of about $2.5bn

  • The cruiserweight stripped of his belt

    Opetaia lost a world title for signing with a rival promoter; a sanctioning body is a club too, and it removes those who leave

Where you've seen this

Housing co-ops

a buyer with the money still needs the board's approval to move in

Golf and country clubs

members vote on new members, and the joining fee goes to the club they already own

The European Union

existing members vote on a new one, and the newcomer meets their rules before it gets a vote of its own

The catch

A club's power lasts only while leaving costs more than staying. The SEC, which is threatening to expel LSU, has spent a year discussing whether to leave the NCAA itself.

And the whole of it

Everyone in the room on Monday owns a team and is voting on what everyone else's is worth. The players, the fans, the cities bidding for a team and the two men waiting to buy the Lakers are not in the room, and the vote happens without them.

03 Truth what's really going on

What is really going on

Monday's meeting is 30 owners starting to set what two new owners must pay to join them, while the two men who agreed to buy the Lakers wait for a vote that has not been scheduled. [1][2] The same week the SEC asked a court to confirm that its members may expel LSU, and boxing's biggest fight collapsed because the one man paying for it wanted a different city. [9][13][14]

Why it works on us — A record price reads as a finished deal, so a headline saying the Lakers sold for $12.5bn feels like the end of the story; the vote that makes it real has not happened.

Who gains

  • The NBA's 30 existing owners — Some clubs project a payout of $500m to $600m each from two new teams, a combined $15bn to $18bn. [1]
  • David Blitzer, the Cleveland Guardians' incoming owner — He is adding two local NFL stars, Travis Kelce and Denzel Ward, as small partners before his option to take control after the 2027 season. [29]
  • Zuffa Boxing, and its parent TKO — It ran Saturday's Garcia fight and put it on Paramount+ despite Garcia's contract with another promoter, and White says the aim is young viewers who do not watch boxing. [16][15]
  • The Sacramento Kings — If Duren takes the one-year offer he reaches the open market next summer, and the Kings can make room to pay him the maximum. [23]
  • Salt Lake City's bid, led by the Larry H. Miller Company — It is the only bid with an owner, a site and public stadium money in place, so a faster timetable set by baseball's commissioner favours it over Nashville. [25]
  • The SEC's commissioner Greg Sankey — Every member but LSU handed him the power to suspend a head coach for half a season and fine a club half its budget, and Georgia's president now backs the conference writing its own rules. [10][12]

Who pays

  • Josh Kushner and Bob Iger — They agreed a record price in August and have no date for the vote that lets them take over the club. [2]
  • Clippers supporters — The club loses five first-round draft picks, the last of them in 2034, and its owner Steve Ballmer for a year. [1][3]
  • Dae'Quan Wright and Zxavian Harris — A Louisiana judge said they could play; LSU left them off its roster anyway once the conference threatened expulsion. [11][10]
  • Ramon Laureano — He played seven weeks on a torn hip in the last year of his contract, had surgery in June, and puts his chance of playing in October under 5 per cent. [26]
  • Boxing fans in Britain — The Fury and Joshua fight they were promised stalled because the financier wanted it in New York rather than at Wembley. [13][14]

What nobody knows yet

Open questions from across today’s stories — ours included.

  • 01

    When the NBA's owners will vote on the Lakers sale.

    The Los Angeles Times reports it is unlikely to be on this week's docket; ESPN says the sale could close within a few months. Neither gives a date. [2][1]

  • 02

    Whether the Clippers can take the league to arbitration at all.

    ESPN reports the league's side deal with the players' union eliminated the Clippers' option to take the NBA to arbitration; the Clippers' own statement says they look forward to an impartial arbitration process. [1][5]

  • 03

    What the five-year compliance and monitoring programme on the Clippers means.

    The terms were not spelled out, and one general manager asked whether the league will be reading the club's emails and listening to its calls. [1]

  • 04

    Whether the federal investigation goes beyond the Clippers.

    Prosecutors have issued at least one subpoena, the scope and targets are not public, and the securities regulator is separately asking Daktronics for information. [5][4]

  • 05

    What Las Vegas and Seattle will each pay to join the NBA.

    Bidders near $8bn for Las Vegas were told to go higher, Seattle could sell for considerably less, and ownership sources say the two may not be on the same timetable. [1]

  • 06

    Whether the SEC's presidents will ever hold the expulsion vote.

    The vote scheduled for Thursday did not happen after LSU left the two players off its roster, but the conference's federal lawsuit continues and the judge in Alabama has issued no orders. [12][10]

  • 07

    Where, and whether, Fury against Joshua happens.

    Joshua's contract with Sela says Britain and Fury's does not; the promoters wanted New York; Fury says it is off and Usyk's team says no to a replacement fight. [13][14]

  • 08

    Whether Jalen Duren plays the season on the $9.6m offer.

    The deadline is 1 October, but Detroit can push it back to 1 March under the league's rules, and the club has not said whether it will. [23]

  • 09

    Whether flag football keeps a place at the 2032 Games.

    Brisbane's organisers must choose and the International Olympic Committee must sign off, likely later this year, and the sport was approved for 2028 only. [28]

04 Hope carry this

Denzel Ward grew up in a suburb of Cleveland, was drafted by the Browns in 2018, and has played all 100 of his games for them. This week he bought a share of the city's baseball team.

Also true today

  • Ramon Laureano had hip surgery in June. He is throwing and swinging without pain, and expects to be at full strength by Thanksgiving.
  • The NFL says more than 500 Australian schools now play flag football. Girls and boys play it, and it needs little of the gear.
  • France's women reached Sunday's basketball World Cup final without losing a game. Eight of the players on that team earn their living in the WNBA.

Across the beats