NBA Commissioner Adam Silver said Monday he believes all leagues have to continue keeping an incredibly close eye on gambling trends within their sport, mindful of issues that the NFL in particular has had to address in recent months.
Silver — who has been a longtime proponent of legalized sports betting frameworks within sports — spoke in Las Vegas, part of a moderated discussion as part of the Associated Press Sports Editors convention. He said he draws the analogy to insider trading, and how leagues, he believes, are finding ways to stay ahead of major problems.
The NFL recently suspended four players for violations of its gambling policy; three received at least yearlong bans for betting on NFL games and one a six-game suspension for wagering on non-NFL games. It brings the total to 10 players disciplined over the past two years as that league vowed to increase training efforts across the board with an eye toward protecting the integrity of the game.
“I’m so sad to see him leaving, choosing to leave as an owner, but of course he has the right to sell to whomever he wants to,” Silver said. “And I will say in terms of Black representation, we will not have a principal owner who’s Black but we have several, especially former players, Dwyane Wade being the most recently in Utah, Grant Hill, a couple others who have interest in in a team.”
Seattle has also long been mentioned as an expansion target. Many players have lobbied for Seattle to return to the NBA, and many — LeBron James among them — have said they strongly support the notion of Las Vegas getting a franchise.It became known last month that Qatar’s sovereign wealth fund is buying a roughly 5% stake in the parent company of the NBA’s Washington Wizards, NHL’s Washington Capitals and WNBA’s Washington Mystics as part of a $4.05 billion deal.
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