By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Concealed RepublicanConcealed Republican
  • Home
  • Latest News
  • Guns
  • Politics
  • Videos
Reading: Ex-Warriors investor floats theory about NBA, international league competition amid Luka Doncic trade fallout
Share
Notification Show More
Font ResizerAa
Font ResizerAa
Concealed RepublicanConcealed Republican
  • News
  • Guns
  • Politics
  • Videos
  • Home
  • Latest News
  • Guns
  • Politics
  • Videos
Have an existing account? Sign In
Follow US
  • Advertise
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Concealed Republican > Blog > News > Ex-Warriors investor floats theory about NBA, international league competition amid Luka Doncic trade fallout
News

Ex-Warriors investor floats theory about NBA, international league competition amid Luka Doncic trade fallout

Jim Taft
Last updated: February 5, 2025 5:40 am
By Jim Taft 4 Min Read
Share
Ex-Warriors investor floats theory about NBA, international league competition amid Luka Doncic trade fallout
SHARE

The dust continues to settle in the days following the shocking trade that sent Luka Doncic to the Los Angeles Lakers. The Lakers formally welcomed the 25-year-old on Tuesday. Meanwhile, Anthony Davis and Max Christie continue to settle into their new surroundings with the Mavericks.

The Slovenian basketball superstar won his first scoring title last season, before leading the Mavs to the NBA Finals. Doncic is also a five-time All-NBA selection and a five-time All-Star.

Amid his reaction to the blockbuster deal, former Golden State Warriors minority owner and venture capitalist Chamath Palihapitiya provided some insight about his decision to sell his stake in the NBA franchise.

Palihapitiya revealed the decision partially revolved around his belief the league would soon be forced to contend with a serious competitor.

“I sold my ownership in the Warriors last year, in part, because I was pretty sure competition for the NBA was coming a la LIV Golf vs PGA,” Palihapitiya wrote in a reply on X, formerly known as Twitter, to a post from Texas-based attorney Adam Loewy. 

LUKA DONCIC DETAILS LAKERS TRADE ‘SHOCK’ AT INTRODUCTORY PRESS CONFERENCE

Loewy cited Chris Kratovil, another lawyer, who offered an analysis of the monumental trade involving Doncic. The lawyer theorized that the Mavs decision to move on from Doncic was part of a hypothetical strategy to maintain enough leverage to potentially move the franchise out of Texas if the state does not eventually legalize sports gambling.

Mark Cuban sold his controlling interest in the Mavericks in 2023 to the family of Miriam Adelson. The family owns a casino company. Cuban did remain on as a minority owner, but he is no longer involved in the day-to-day basketball operations.

Dallas Mavericks logo

Palihapitiya also suggested LeBron James should be the preferred choice, should the speculative competitor ever materialize. 

“The (speculated) antics below only reinforce the likelihood that a group of well heeled investors with $5-10B could quickly stand up a competitor to the NBA. After this trade, they may want to start with Luka and pay him his supermax and get LeBron by making him the commissioner.”

James’ trusted business partner, Maverick Carter, is pursuing $5 billion in capital from investors with the goal of launching a new basketball league outside of North America, Front Office Sports reported. James is not believed to have any involvement in the international basketball league effort.

After an influx of apparent phone calls, Palihapitiya made another post on X which outlined what an international basketball league that directly competes with the NBA could entail.

Donic reacted to the trade, saying he was initially in a state of disbelief. “You can imagine how surprised I was,” Doncic said on Tuesday. “I had to check if it was April 1. I didn’t really believe it.”

The superstar has begun to recover after his first two days in Los Angeles, and he’s growing increasingly excited about a new chapter with James and the Lakers.

Tubi promo

“It was a big shock,” Doncic said. “(Dallas) was home, so it was really hard moments for me. … (But now) I get to play in the greatest club in the world, and I’m excited for this new journey.”

The Associated Press contributed to this report.

Follow Fox News Digital’s sports coverage on X, and subscribe to the Fox News Sports Huddle newsletter.



Read the full article here

You Might Also Like

Italian archaeologists uncover surprise Jewish mikveh in ancient city

Video: Woman tells a mother she hopes her 11-year-old girl dies after she allegedly smashed child’s head into metal slide

Former officer convicted in George Floyd’s death released from prison

Jillian Michaels SLAMS Gov. Newsom for LA fires: ‘It needed to be different THIS time, Gavin’

CNN finally names ‘freed’ Syrian prisoner as Assad officer — but sidesteps responsibility for reporting error

Share This Article
Facebook X Email Print
Previous Article Trump Brings Back Super Bowl Interview Tradition with Fox News Trump Brings Back Super Bowl Interview Tradition with Fox News
Next Article Kash Patel won’t be lectured by Democrats about ‘election denial’ Kash Patel won’t be lectured by Democrats about ‘election denial’
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

Karen Read trial reveals possible love triangle in Boston officer’s death
Karen Read trial reveals possible love triangle in Boston officer’s death
News
Trump’s Commerce Secretary Howard Lutnick Confirms [WATCH]
Trump’s Commerce Secretary Howard Lutnick Confirms [WATCH]
Politics
So What Did You Accomplish This Weekend?
So What Did You Accomplish This Weekend?
Politics
Gavin Newsom orders California cities to shut down homeless encampments: ‘There are no more excuses’
Gavin Newsom orders California cities to shut down homeless encampments: ‘There are no more excuses’
News
Pentagon stopping gender transition treatment for transgender troops
Pentagon stopping gender transition treatment for transgender troops
News
Boys Aged 9 and 7 in Armed Standoff, No Charges Filed [WATCH]
Boys Aged 9 and 7 in Armed Standoff, No Charges Filed [WATCH]
Politics
© 2025 Concealed Republican. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?