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Leagues and Governing Bodies

NBA Lockout Watch, Day 15: Foreign BBall Federations Scramble to Insure NBAers

Several foreign basketball federations are “grappling with high insurance costs in the weeks leading up to regional Olympic qualification tournaments, one piece of the ‘collateral damage’ that NBA commissioner David Stern spoke of when he announced on June 30 that the league was imposing a lockout,” according to Chris Sheridan of ESPN.com. The federations are “trying to find ways to shoulder the enormous financial burden of insuring their star players' NBA contracts, an expense that could force several of the top international players to sit out FIBA tournaments this summer.” In a normal offseason, an agreement between FIBA and the NBA “provides an infrastructure that holds down the cost of insuring players' contracts in case they are injured in an international competition.” But that agreement “has been suspended” as part of the NBA lockout. The Australian federation “already has announced that it will not have Andrew Bogut on the roster for the FIBA-Oceania tournament, and the Spanish federation has said it will cost as much as $5,670,000 to insure the contracts of players including Pau and Marc Gasol, Rudy Fernandez, Jose Calderon and Ricky Rubio.” Many NBA players are reporting to their national team training camps in the hope that a CBA resolution "will come before the qualification tournaments begin." Sources said that FIBA is “exploring several possible solutions, including an option being spearheaded by FIBA Europe to find one insurance company to insure all European NBA players regardless of their national affiliations” (ESPN.com, 7/14).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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