Sport & Story Daily August 8, 2024

Reusing to Save

August 8, 2024

Good morning! From Athlete to Entrepreneur

LA 2028 enlists Autodesk for US$1bn infrastructure project  
The 2028 Olympics and Paralympics will have no new permanent venues built specifically for the event. Autodesk is the official design and make platform for LA28 and Team USA. Its technology aims to shorten timelines, cut costs and incorporate sustainable design principles.
^{SportsPro Media}

How Magic Johnson Turned $40M Into a $1 Billion Empire
Magic Johnson transformed his $40 million net worth at retirement into a $1 billion empire.
^{Front Office Sports}

Lauri Markkanen, Utah Jazz reportedly agree to $238 million extension
Forward Lauri Markkanen and the Utah Jazz have agreed to a five-year, $238 million extension. His previous contract of four years at $67 million was over. Markkanen can’t be traded for six months, a deadline that passes after the 2024 NBA trade deadline.
^{Fox Sports}

Fifa+ to broadcast Homeless World Cup as part of MoU
The Homeless World Cup will be broadcast on Fifa+ as part of a memorandum of understanding between soccer’s global governing body and the tournament’s organizers. Fifa will also supply materials and equipment, including medals and trophies for the event.
“The purpose of the Homeless World Cup is to use football as a way of ending homelessness and 1.2 million people have benefited from the initiative since it was born in 2003. Sport has real power, and we have proved that it can be a force for good,” Mel Young, Homeless World Cup President, said.
^{SportsPro Media}

Charles Barkley says he is not retiring despite TNT Sports losing NBA media rights after next season
NBA Hall of Fame and television analyst Charles Barkley reaffirmed his commitment to fulfilling his 10-year contract with TNT Sports. Previously, he said he would retire following the conclusion of the 2024-25 season. This upcoming season is the last for TNT airing games.
^{CBS Sports}

Paying big for 49ers WR Brandon Aiyuk — whether it's the Browns or Steelers — is worth it
San Francisco 49ers wide receiver Brandon Aiyuk wants a new deal that will make him one of the highest-paid receivers in the NFL. The Cleveland Browns and New England Patriots are the teams most interested in Aiyuk.
^{Yahoo Sports}

Private Ownership Group Has Deals With A’s, Oakland To Buy Entire Coliseum
African American Sports & Entertainment will take over the entirety of the A’s Coliseum complex. The team will sell its stake for $125 million. The developers plan to turn the site into “a thriving sports, entertainment, educational and business district in East Oakland.” Organizers have previously said they want to build affordable housing, a convention center, a hotel and a restaurant row of Black-owned businesses.
^{Front Office Sports}

Ex-Michigan coach Jim Harbaugh dealt four-year show-cause by NCAA for recruiting violations, unethical conduct
Former Michigan football head coach Jim Harbaugh has received a four-year show-cause penalty for his role in the recruiting violations case. His punishment is unrelated to the sign-stealing scandal. The NCAA said Harbaugh, “violated recruiting and inducement rules, engaged in unethical conduct, failed to promote an atmosphere of compliance and violated head coach responsibility obligations."
^{CBS Sports}

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