Lebron James buys into Major League Pickleball team, as sport continues to gain popularity
CBSN
NBA stars LeBron James, Kevin Love and Draymond Green have bought into a Major League Pickleball team, the league announced Wednesday.
The athletes were joined by James' business partner Maverick Carter, their family office LRMR Ventures, the investment firm SC Holdings, Relevant Sports Group CEO Daniel Sillman and SpringHill Company CMO Paul Rivera.
"The new ownership group announced today brings unparalleled experience and impact across sports, media, entertainment, and branding," the league's press release said. "With this group, MLP aims to expand the community beyond its current participants into more diverse communities globally."
President Biden on Monday signed into law a defense bill that authorizes significant pay raises for junior enlisted service members, aims to counter China's growing power and boosts overall military spending to $895 billion despite his objections to language stripping coverage of transgender medical treatments for children in military families.
It's Christmas Eve, and Santa Claus is suiting up for his annual voyage from the North Pole to households around the world. In keeping with decades of tradition, the North American Aerospace Command, or NORAD, will once again track Santa's journey to deliver gifts to children before Christmas 2024, using an official map that's updated consistently to show where he is right now.
An anti-money laundering law called the Corporate Transparency Act, or CTA, appears to have been given new life after an appeals court on Monday determined its rules can be enforced as the case proceeds. The law requires small business owners to register with the Financial Crimes Enforcement Network, or FinCEN, by Jan. 1, or potentially pay fines of up to $10,000.