NBA Commissioner Adam Silver gets 5-year extension

 

NBA Commissioner Adam Silver gets 5-year extension

first_imgCloudy skies over Luzon due to amihan Volcano watch: Island fissures steaming, lake water receding Taal victims get help from Kalayaan town Don't miss out on the latest news and information. Silver has been with the NBA since 1992, and became deputy commissioner under David Stern in 2005. When Stern retired on Feb. 1, 2014 after holding the office for 30 years, Silver took over as the fifth commissioner in NBA history.Sports Related Videospowered by AdSparcRead Next LATEST STORIES Jury of 7 men, 5 women selected for Harvey Weinstein rape trial Mexican fans celebrate South Korea’s victory over Germany View comments FILE – In this May 31, 2018, file photo, NBA Commissioner Adam Silver speaks at a news conference before Game 1 of basketball’s NBA Finals between the Golden State Warriors and the Cleveland Cavaliers, in Oakland, Calif. A diversity report released shows the NBA continues to lead the way in men’s professional sports in racial and gender hiring practices. The league earned an A+ for racial hiring practices and a B for gender hiring practices for an overall grade of an A. (AP Photo/Jeff Chiu, File)NBA Commissioner Adam Silver has received a five-year contract extension, a reward for accomplishments that include rapid growth in the value of franchises and attendance records around the league being set annually.Board of Governors Chairman Larry Tanenbaum of the Toronto Raptors announced the deal, one that keeps Silver under contract through the 2024 NBA Finals. Financial terms were not disclosed.ADVERTISEMENTcenter_img MOST READ Christopher Tolkien, son of Lord of the Rings author, dies aged 95 In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ SEA Games 2019: Philippines clinches historic gold in women’s basketball PLAY LIST 05:02SEA Games 2019: Philippines clinches historic gold in women’s basketball06:27SEA Games 2019: No surprises as Gilas Pilipinas cruises to basketball gold02:43Philippines make clean sweep in Men's and Women's 3x3 Basketball02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Tim Cone, Ginebra set their sights on elusive All-Filipino crown Bicol riders extend help to Taal evacuees Silver, 56, led a very smooth series of negotiations with the NBA players union on the way to a new collective bargaining agreement in 2016 — one where salaries around the league soared thanks to a $24.1 billion, nine-year television and media rights deal that he helped strike with Disney and Turner Sports two years earlier.Franchise values of the 30 NBA clubs have risen fivefold, from an estimated $12 billion when Silver took over to $60 billion now. This was also the fourth consecutive season where the league set an all-time attendance record, with 22.1 million fans attending games in 2017-18.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownThis season also marked the launch of the first eSports league — the NBA 2K League, which Silver has raved about.“From the NBA’s standpoint, this is our fourth league,” he said earlier this year. “Of course we have the NBA, the WNBA and the G League, and now this is the fourth league in our family, and that’s exactly as we’re treating it: one more professional league.” Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anewlast_img

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