Roger Federer is coming back to US Open four years after retirement, set for two blockbuster matches US Open confirmed Roger Federer's return on Sunday, and he will be joined by three other tennis greats Published on: Aug 24, 2026, 13:25:16 IST Written by Aratrick Mondal Prefer HTon Google Share
Nerves cost us against Australia, but I'm proud of the team: women's hockey coach: Marijne Nerves cost us against Australia, but I'm proud of the team: women's hockey coach: Marijne Published on: Aug 24, 2026, 13:09:14 IST PTI Prefer HTon Google Share via Copy link Amstelveen
After seventh seed Victor Lai fell in three games to ninth seed Alex Lanier at the 2026 BWF World Championships in New Delhi, the former described the Frenchman as a ‘beast’, lauding his physical fitness and tenacity to go the distance and play the long game
India men’s football team will face Panama in a FIFA international friendly in September, ahead of another friendly against five-time FIFA World Cup winners Brazil in Kolkata on October 3. According to a report by The Times of India, the match between India and the North American side is
Uefa president Aleksander Ceferin has ruled himself out of the running to replace Gianni Infantino, but says he expects a candidate to challenge the Fifa president's leadership in March. Infantino has faced calls to step down after he scrapped a controversial plan to sell off stakes in Fifa's
Jaylen Brown Calls for Player Equity as NBA Team Values Soar
Jaylen Brown Calls for Player Equity as NBA Team Values Soar
As NBA franchise values soar into the billions, Boston Celtics star Jaylen Brown said players should be allowed to build equity alongside owners, arguing the league's labor rules lag far behind the wealth created by the sport.
Brown, a forward for the Boston Celtics and vice president of the National Basketball Players Association, compared NBA players to executives at major corporations, saying employees at companies such as Apple or Nike often receive equity for years of service. Professional athletes, he argued, should be viewed similarly.
“The sweat equity that you put in, you get compensated for doing your job, but you don't get compensated for the growth. In major corporations and companies, you do,” said Brown in an interview with Bloomberg News in Boston on Thursday.
“I think players should be able to invest alongside ownership groups,” said the four-time NBA All-Star, Finals MVP, entrepreneur and philanthropist.
Brown has served in the leadership role with the NBPA, the union representing NBA players, since 2019. The union and team owners reached their most recent collective bargaining agreement in 2023, a deal that runs through the 2029–30 season. While the CBA allows players to hold limited stakes in publicly traded companies tied to NBA ownership interests, it largely bars direct investment in teams.
Since that deal was signed, several of the league's marquee franchises have been sold at eye-popping valuations.
The Celtics were acquired in a $6.1 billion deal last year by a consortium of investors led by Bill Chisholm, co-founder of California-based private equity firm STG Partners. At the time, it was the biggest NBA deal ever, but that record only lasted a few months. In October, billionaire Mark Walter bought the Los Angeles Lakers in a deal that values the franchise at $10 billion.
The league's finances have also been bolstered by new media rights deals. In 2024, the NBA signed lucrative new 11-year media deals with Walt Disney Co., NBCUniversal and Amazon.com Inc. that will net the league a reported $76 billion.
Brown has been outspoken on issues of inequality and racism throughout his career. He's also advocated for players to take more ownership of the way in which they're portrayed and their ability to speak out on issues they care about. He's been a guest lecturer at the Harvard Graduate School of Education and has a partnership with the Massachusetts Institute of Technology's Media Lab.
In 2024, Brown launched the BostonXChange, a nonprofit organization that seeks to support underserved entrepreneurs and small businesses with a goal of generating $5 billion in generational wealth for Boston's communities of color. Brown said the idea took shape after he signed a five-year, $303.7 million extension with the Celtics — at the time the largest contract in NBA history — and he wanted to reinvest back into Boston.
The accelerator “gives the talented group of people that exist here that are minorities an opportunity to win in the city that they're born and raised in,” Brown said.
The XChange is part of his plan to build a modern day version of Black Wall Street, a Black community in Tulsa, Oklahoma, that was destroyed in a 1921 racial massacre.
A study by the Federal Reserve Bank of Boston published in 2015 found the median net worth of US-born Black residents in the Boston area was a mere $8, compared to nearly $250,000 for white residents — findings that Brown has cited as motivating his efforts.
The initial phase of Brown's BostonXChange organization was an incubator and accelerator program that provided applicants with grants of up to $100,000 over three years. Participants include a sports-apparel maker, a children's nutrition business and an artificial intelligence marketing application.
On Thursday, Brown said he's planning to launch a second round of applications for the incubator program, but the timing hasn't been finalized.
He also expanded the initiative to California's Bay Area, where he attended the University of California at Berkeley, through a partnership with former NBA player and Dallas Mavericks Coach Jason Kidd. The Oakland XChange similarly seeks to support entrepreneurs.
Brown has also raised his profile on the court this season, leading the Celtics to one of the Eastern Conference's best records even with fellow All-Star Jayson Tatum sidelined so far this year with an Achilles injury. Last month, Brown tied Larry Bird's team record with nine consecutive games with at least 30 points.
With assistance from Randall Williams.
©2026 Bloomberg L.P.
This article was generated from an automated news agency feed without modifications to text.
Source: LiveMint
Related Posts: NBA franchise values, Jaylen Brown, Boston Celtics, collective bargaining agreement, generational wealth
Barcelona began their La Liga title defence with a commanding 5-0 victory over Elche on Sunday, with Raphinha and Fermin Lopez scoring twice each and Anthony Gordon setting up two goals on his debut. The result comea a day after Jose Mourinho’s Real Madrid defeated Espanyol 2-1 with a late winner
11 hours ago
GCT Grand Finale: Praggnanandhaa beats Keymer to stake his claim for finals GCT Grand Finale: Praggnanandhaa beats Keymer to stake his claim for finals Published on: Aug 24, 2026, 09:43:17 IST PTI Prefer HTon Google Share via Copy link St. Louis
11 hours ago
UEFA president Aleksander Ceferin may have been vocal in his demand for the current FIFA president Gianni Infantino to step down but he has no interest in replacing the under-fire Swiss. Infantino continues to face pressure to leave his position as world football’s governing body chief following
11 hours ago
The French are known for a lot of things but badminton isn’t one of them. Till Sunday, when the country that has never been considered among the top nations even in Europe created history at the 2026 World championships, in more ways than one
11 hours ago
AITA picked them, the government cut them: Why has India’s Asian Games tennis squad been slashed from 12 to 7? The AITA had originally proposed a 12-member squad for for the Asian Games, which included six women. But the list was slashed down to just seven players. Updated on: Aug 24, 2026
11 hours ago
Ashton Jeanty injury update: Is the Raiders RB out for the season? Doctor reveals possible diagnoses; ‘best case…’ Ashton Jeanty was injured after attempting a catch, prompting a tense silence at the Raiders’ facility before his teammates gathered and knelt in prayer. Updated on: Aug 24
15 hours ago
When Liverpool came to Newcastle last August, there was utter jubilation as Rio Ngumoha scored a remarkable 100th-minute winner. They scored late again this time around, through Dominik Szoboszlai's 99th-minute penalty, but it felt more like a sense of relief than joy as they rescued a point
15 hours ago
'Is Sydney Taylor playing tonight?' Chicago Sky guard's slow start vs Fever sparks injury concerns Sydney Taylor was in Chicago’s starting lineup when the Sky hosted the Indiana Fever on Sunday night. Updated on: Aug 24, 2026, 07:32:12 IST By Ojas Jaiswal Prefer HTon Google Share via Copy link
15 hours ago
Yet again, the England men's cricket team is picking through the wreckage of a late-night misdemeanour. The latest stain on the game's reputation is a result of pictures of fast bowler Brydon Carse in handcuffs and surrounded by police officers outside a nightspot in Derby
15 hours ago
Jean-Philippe Mateta is arguing the remainder of his Crystal Palace contract is invalid and has taken his case to Fifa. Multiple sources have told BBC Sport the France international has launched an official challenge over the validity of the final 10 months on his Selhurst Park deal
1 days ago
Bangladesh 64: Starc 6-12 & 95: Shanto 31; Starc 4-39, Cummins 3-10, Lyon 3-25 Mitchell Starc took 10 wickets in the match as Australia bounced back from last week's shock defeat by Bangladesh to win the second Test by an innings and 51 runs and draw the series 1-1. Second Test
1 days ago
Jannik Sinner's absence benefits Carlos Alcaraz: What to expect from the US Open champion after his long injury layoff Jannik Sinner is out, but is it premature to call Carlos Alcaraz the US Open favourite after four months away? Updated on: Aug 23, 2026
1 days ago
US Open leaves Stan Wawrinka out in the cold, denying former champion a wild card for his final Grand Slam The US Open has surprisingly denied Stan Wawrinka a wild card for what could be his final appearance at a Grand Slam. Updated on: Aug 23, 2026
1 days ago
India faced the Netherlands in their Pool E match of the ongoing FIH Men’s Hockey World Cup 2026 on Saturday (August 22) at the Wagener Stadium in Amstelveen but suffered a 1-3 defeat. India conceded one goal in the third quarter and two in the fourth quarter to go down against the hosts
1 days ago
There is an uncanny resemblance between Jwala Gutta and Ashwini Ponnappa’s bronze-medal run at the 2011 BWF World Championships and Treesa Jolly and Gayatri Gopichand’s campaign at the 2026 edition. Jwala and Ashwini faced the second-seeded Cheng Wen-hsing and Chien Yu-chin as early as the
1 days ago
Runs on the board and rival wickets, is the template that Dhananjaya de Silva will chase when the second Test commences at the SSC Ground on Sunday (August 23, 2026). “It’s about putting runs on the board. That’s what India did [at Galle]. For the first two days they batted and got 460 runs
1 days ago
Serena Williams returns to US Open after four years, joins Carlos Alcaraz for mixed doubles Serena Williams will return to the US Open for the first time since 2022, partnering Carlos Alcaraz in mixed doubles after receiving a wildcard. Published on: Aug 23, 2026
1 days ago
Roberto De Zerbi may have spent close to £400m by the time his Tottenham Hotspur rebuild is complete – but it took just his side's first Premier League game of the season to prove all the money in the world is no guaranteed cure for a losing mentality
1 days ago
Manchester United's fans had endured a bad enough day on the banks of the River Humber when Hull City's stadium announcer gleefully piped up midway through the second half. Two trains back to Manchester from the city centre station had been cancelled
1 days ago
From a shy girl to team mentor, Savita Punia says hockey changed her life From a shy girl to team mentor, Savita Punia says hockey changed her life Published on: Aug 22, 2026, 12:08:49 IST PTI Prefer HTon Google Share via Copy link Amstelveen
2 days ago
Shubhankar makes cut after spectacular ace at Nexo Championship Shubhankar makes cut after spectacular ace at Nexo Championship Published on: Aug 22, 2026, 12:17:58 IST PTI Prefer HTon Google Share via Copy link Aberdeenshire , Shubhankar Sharma ended his streak of four missed cuts as he made the
2 days ago
Inter Miami's Lionel Messi has been fined for slapping Philadelphia Union's Quinn Sullivan during their side's Major League Soccer (MLS) 2-2 draw on Wednesday. Messi, 39, slapped Sullivan around the back of the head towards the end of the game as he complained the Union player had elbowed him after
2 days ago
Premier League champions Arsenal will start the new season with some of the nightmares of the previous two as their marquee signing, midfielder Bruno Guimarães, is not part of the squad due to an injury. Guimarães signed for £75 million (Rs. 979 crore) from Newcastle United and suffered a knock
2 days ago
Nostalgia may have enveloped Sairaj Bahutule when he entered the SSC Ground. He would have remembered his last Test played at the same venue in 2001, a game India lost. The Indian spin-bowling coach, though, quickly immersed himself in the nets here Friday (August 21, 2026)
2 days ago
Lionel Messi fined for slapping opponent on the head as Inter Miami-Philadelphia clash erupts into late red-card chaos Lionel Messi was fined by MLS after slapping Philadelphia's Quinn Sullivan on the head as Inter Miami's 2-2 draw desecended into stoppage-time chaos. Updated on: Aug 22, 2026
2 days ago
Double Olympic medallist Neeraj Chopra managed to deliver his season’s best performance at the Lausanne Diamond League on Friday but fell agonisingly short of the top spot, as Sri Lanka’s Rumesh Pathirage finished first with a throw just nine centimetres more than his
2 days ago
Why did Nick Chubb retire? Net worth in focus as NFL player ends career at 30 Nick Chubb played for eight seasons in NFL that included seven years with the Cleveland Browns and one with the Houston Texans. Updated on: Aug 22, 2026, 09:25:09 IST By Shirin Gupta Prefer HTon Google Share via Copy link
2 days ago
