Dirk Bauermann let go by Lietuvos Rytas

Long-time Lithuanian powerhouse team Lietuvos Rytas Vilnius has decided to let go of German head coach Dirk Bauermann. The 55-year-old Baurmann joined the team in March 2013, in time to lead them to a Lithuanian League finals berth. He was also the coach of the Polish National Team this year. Lietuvos Rytas is doing well…

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Papaloukas wins arbitration vs. Olympiacos

Recently retired Greek basketball legend Theodoros Papaloukas (200 cm) has won an arbitration case he filed against former team Olympiacos S.F.P. Pireus at the Basketball Arbitral Tribunal. As the claimant, Papaloukas sought for that the club be ordered to pay him a total of €1,610,364.87 which was allegedly owed to him based on a contract…

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Jermaine Hall injured in car accident

Veteran of Israeli hoops Jermaine Hall (196 cm, Wagner’03) of Elizur Ashkelon (Israel-Winner League) was involved in a car accident as he was headed to his home in Kiryat Malachi. Jermaine is an American player who has also earned Israeli citizenship. Thankfully, the player is out of danger and is currently undergoing surgery at Barzilai…

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Pablo Laso extends deal with Los Blancos

Real Madrid has officially announced that head coach Pablo Laso has extended his contract with the club and will be at the helm of the team until the end of the 2015/2016 season. The Spaniard is now in his third season with the Spanish giants and will stay with the club for a further two…

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Bozidar Maljkovic leaves Slovenia

The Basketball Federation of Slovenia (KZS) will be on the lookout for a new national team coach after legendary tactician Bozidar Maljkovic stepped down. The 61- year old Serbian leaves with just under a year left until the Basketball World Cup 2014 in Spain, but insisted the time was right to step away. “We (Maljkovic…

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Mark Cuban not guilty of insider trading

After three weeks of trial, a nine-member jury ruled that Dallas Mavericks owner Mark Cuban did not commit insider trading. Their decision came after a four-hour deliberation. The jurors found that the Securities and Exchange Commission (SEC) was not able to prove some key elements of their case. The SEC had accused Cuban of using…

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Mark Cuban on trial for insider trading

Billionaire and Dallas Mavericks owner, Mark Cuban, is on trial for insider trading. Cuban, who is known for his feisty and often loud personality, has found someone else to tangle with other than NBA referees. This time, he is dealing with the Securities and Exchange Commission (S.E.C.). The case has been in play for some…

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Drake, new ambassador of the Raptors

Canadian-born rapper, Drake, has entered into a business partnership with the NBA’s Toronto Raptors and will be the team’s new “Global Ambassador” and consultant. This move by Maple Leaf Sports & Entertainment is part of an attempt to “rebrand” the team and improve its image. The hip-hop artist joins other famous celebrities from the entertainment…

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Turkoglu still with Magic, will not play

Hidayet “Hedo” Turkoglu (206 cm) is still currently a member of the Orlando Magic, but it appears that the Turkish NBA veteran will not be playing basketball for them in the foreseeable future. Rumors have circulated about his contract being bought out by the team, but as of now he remains on their active roster.…

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Steve Mills rejoins Knicks as GM

Steve Mills will return to the New York Knicks after being announced as the new president and general manager of the franchise. He will replace outgoing GM Glen Grunwald, and although Grunwald will remain with the franchise as an advisor some are viewing the hiring of Mills as a shock. Grunwald led the Knicks to…

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