logo
Nets, Liberty make historic investment in youth basketball facility

Nets, Liberty make historic investment in youth basketball facility

Yahoo3 days ago
The post Nets, Liberty make historic investment in youth basketball facility appeared first on ClutchPoints.
BSE Global, the parent company of the Brooklyn Nets and the New York Liberty, is making a historic investment in local youth basketball. The Brooklyn Basketball Training Center, set to open this fall across from Barclays Center, will become the first youth basketball facility in the tri-state area to deploy Shoot 360 technology.
Shoot 360 is a leader in basketball innovation and skill development, providing athletes of all skill levels with immersive and data-driven training. The software is used by the Nets and every other NBA team, as well as over 100 college programs. It tracks and measures skill development across ball-handling, passing and shooting to give athletes instant performance feedback.
'When I was growing up, I did not have access to anything like this, and I can only imagine how much it would have changed my game,' said Liberty forward Breanna Stewart. 'What Brooklyn Basketball is building with Shoot 360 is giving kids real tools to grow, build confidence, and have fun doing it. I love seeing this kind of investment in the next generation, right here in our Liberty community.'
Brooklyn's new training Center will be operated by BSE Global's flagship youth basketball program, Brooklyn Basketball.
Nets and Liberty incorporating cutting-edge software into local youth training facility
The program is affiliated with the Nets and Liberty and was created 'to establish a community-first basketball experience dedicated to nurturing young basketball players and enthusiasts to unlock their full potential on and off the court.' The 18,600 sq. ft facility and its cutting-edge technology mark the latest investment into the community by Nets and Liberty owners Joe Tsai and Clara Wu Tsai.
'At Brooklyn Basketball, we're truly excited to introduce Shoot 360 technology to the next generation of athletes,' said Marissa Shorenstein, Chief External Affairs Officer at BSE. 'As the only youth facility in the tri-state area equipped with this cutting-edge tool, we're proud to offer participants an unparalleled training experience, providing instant, data-driven feedback that accelerates skill development like never before. Shoot 360 will also empower our youngest athletes to reach new heights through measurable progress and personalized coaching. We're committed to shaping the future of basketball by combining innovation and passion — and with Shoot 360, our Training Center will be a game-changer for our community.'
The training center will feature[= eight total installations of Shoot 360's interactive training technology – five shooting cages and three skill cages, putting it at the forefront of local youth basketball development.
'Partnering with Brooklyn Sports and Entertainment to bring Shoot 360 to the heart of New York is more than just an expansion — it's a revolution in youth basketball development,' said Craig Moody, Founder of Shoot 360. 'Our mission has always been to transform the way players train by combining cutting-edge technology with a deep love for the game. The Brooklyn Basketball Training Center will be a place where data meets dreams, and where every young athlete gets a personalized roadmap to their potential. We're proud to help shape the future of the game in one of basketball's most iconic regions.'
Related: Nets' Michael Porter Jr. defends brother's honor amid gambling scandal
Related: Nets rumors: Cam Thomas' $30 million ask getting no interest around NBA
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

AI and tech stocks slide as summer rally peters out
AI and tech stocks slide as summer rally peters out

CNN

timea minute ago

  • CNN

AI and tech stocks slide as summer rally peters out

Tech stocks were under pressure this week as Wall Street's AI enthusiasm slowed and investors adjusted portfolios after a strong summer rally. The Nasdaq Composite fell 0.67% on Wednesday after sliding 1.46% on Tuesday. The tech-heavy index was on track to snap back-to-back weeks of gains. Meanwhile, the broader S&P 500 fell 0.24% and posted its fourth day of losses in a row. The Dow hovered around the flatline. Tech stocks had steadily rallied in recent months, lifting the S&P 500 and Nasdaq to a streak of record highs. Now Wall Street is taking a breather while optimism about the AI boom is facing some friction. Palantir (PLTR), a star of the AI trade, fell 1.1% on Wednesday after falling 9.35% on Tuesday. Meanwhile, Nvidia (NVDA) edged lower by 0.14% on Wednesday after sliding 3.5% on Tuesday. 'Investors rotated out of high-momentum tech stocks, reflecting renewed jitters over the sustainability of the AI trade,' Ulrike Hoffmann-Buchardi, head of global equities at UBS, said in a note. Investors are also in wait-and-see mode ahead of a critical day for markets on Friday when Federal Reserve Chair Jerome Powell is set to deliver remarks at the Jackson Hole Economic Symposium. 'It's just a pause that may refresh as investors retrench and rethink how they want to position their tech dollars,' Rob Haworth, senior investment strategy director at US Bank Asset Management Group, told CNN. Powell's closely watched speech on Friday could provide signals about the Fed's potential rate-cutting path and comes at a key inflection points for markets after past months' ascent to record highs. Excitement about AI propelled markets higher in recent months, boosted by robust corporate earnings and enormous spending by companies like Meta and Microsoft. But Wall Street's eagerness was tested this week after Sam Altman, chief executive at OpenAI, said he thinks the market might be in a bubble. 'Are we in a phase where investors as a whole are overexcited about AI? My opinion is yes,' Altman told reporters last week, according to The Verge. The OpenAI chief also said he thinks AI will provide value for the economy. 'Is AI the most important thing to happen in a very long time? My opinion is also yes,' he said. Also, researchers at MIT on Monday published a report detailing how the majority of companies testing new generative AI tools are seeing zero returns. While there was not an explicit catalyst for the decline of tech and AI stocks decline this week, investors said Altman's comments and the MIT report could be contributing to negative momentum. AI chip and semiconductor companies Advanced Micro Devices (AMD) and Marvell Technology (MRVL) were each down almost 7% this week. 'Altman's comments spooked some people when he talked about the AI bubble,' Dan Ives, head of global technology research at Wedbush Securities, told CNN. 'Tech stocks have had a massive run, so I think it's just typical that investors are starting to take some chips off the table going into Labor Day,' Ives said. 'But I believe it's going to be short lived.' Each of the Magnificent Seven tech stocks — Apple (AAPL), Alphabet (GOOGL), Amazon (AMZN), Meta (META), Microsoft (MSFT), Nvidia (NVDA) and Tesla (TSLA) — fell on both Tuesday and Wednesday, dragging down the broader market. As of Tuesday, they made up 33.5% of the S&P 500's total market value, according to S&P Dow Jones Indices, reflecting their outsized influence on the index's performance. 'Stocks have been on an absolute tear. Valuations have sprinted up,' said Ross Mayfield, an investment strategist at Baird. 'The fundamentals are good but not keeping pace with the price action.' 'I think along the way we'll see pockets of profit taking, even if it doesn't mark the end of the bull market in general,' Mayfield said. While tech dragged on the market, about 70% of stocks in the S&P 500 had closed higher on Tuesday, UBS' Hoffmann-Buchardi said. Sectors that outperformed included consumer staples, utilities and real estate. It's a sign that investors are shifting out of Big Tech and AI-related trades and toward more defensive stocks as they reassess the markets. Nvidia as of Monday had surged 93% since a low point in early April. 'We've been expecting this type of a pullback,' said Jay Hatfield, chief executive at Infrastructure Capital Advisors, who said he has taken down his exposure to tech in recent months. It's also the start of a historically weak season for stocks, Hatfield said. 'We're neutral on the market right now, but still really bullish for year end.' Palantir is still up 106% this year. But shares in Palantir are down six days in a row and had dropped as much as 9.8% on Wednesday before paring losses, reflecting the volatility in AI stocks. 'Now we're getting the downward momentum,' Hatfield said. 'Palantir is like the poster child for excessive valuation, and those investors are learning that the momentum works in both directions.'

FTC sues LA Fitness operators for 'exceedingly difficult' gym cancellation policies
FTC sues LA Fitness operators for 'exceedingly difficult' gym cancellation policies

Washington Post

timea minute ago

  • Washington Post

FTC sues LA Fitness operators for 'exceedingly difficult' gym cancellation policies

NEW YORK — The U.S. Federal Trade Commission is suing the operators of LA Fitness, over allegations that they make it 'exceedingly difficult' for consumers to cancel gym memberships and other related services offered in their clubs nationwide. In a Wednesday complaint, the FTC accused Fitness International and its subsidiary Fitness & Sports Clubs of illegally charging consumers 'hundreds of millions of dollars in unwanted recurring fees' as a result of cumbersome cancellation processes. The agency said that tens of thousands of customers have reported difficulties with these policies to date. 'The FTC's complaint describes a scenario that too many Americans have experienced — a gym membership that seems impossible to cancel,' Christopher Mufarrige, director of the agency's Bureau of Consumer Protection, said in a statement. Beyond LA Fitness, California-based Fitness International operates brands like Esporta Fitness, City Sports Club, and Club Studio — spanning across more than 600 locations with over 3.7 million members nationwide. And the FTC pointed to two 'unfair and unlawful' cancellation processes that it says these gyms have used for years: in-person cancellation or cancellation by mail. Both of these options require consumers to print out a form on the gym's website, which includes logging in with credentials that the agency says some customers don't have or remember. And if a customer opts for in-person cancellation, there's limited hours and often difficulty finding a manager to process the forms, the complaint notes — while mailing the form comes with additional costs. 'Each of these cancellation methods is opaque, complicated, and demanding — far from simple,' the FTC writes in its complaint. It also alleges that the company doesn't adequately disclose cancellation offerings when consumers sign up for memberships, and that some will be signed up for additional services with recurring charges without realizing there may be different cancellation requirements. According to the FTC, Fitness International now offers website cancellations for subscriptions 'with stand-alone agreements' — but the agency said the process 'still imposes unnecessary burdens' on customers and claims that that option is buried online. It's also still not possible to cancel memberships on the company's mobile apps, the FTC added. Fitness International did not immediately respond to The Associated Press' request for comment on Wednesday. This isn't the first time that federal regulators have accused gym operators — and other companies with subscription services — of making their cancellation processes too difficult for consumers. Under the Biden administration, the FTC adopted a 'click to cancel' rule, which would have made it easier for consumers to end unwanted subscriptions. But last month, days before that rule was poised to go into effect, a federal appeals court blocked the proposed changes . In its litigation against Fitness International, the FTC says it's seeking a court order prohibiting the allegedly unfair conduct and money back for consumers who were harmed by difficult cancellation processes.

The 49ers need wide receiver help. Here are 31 options, from most likely to least
The 49ers need wide receiver help. Here are 31 options, from most likely to least

New York Times

timea minute ago

  • New York Times

The 49ers need wide receiver help. Here are 31 options, from most likely to least

SANTA CLARA, Calif. — The San Francisco 49ers are poised to go shopping following the NFL's cutdown deadline Tuesday, and wide receiver is in bold at the top of their list. Three of the team's top six players at the position — Brandon Aiyuk, Demarcus Robinson and Jordan Watkins — aren't expected to be available for Week 1, while the other three — Jauan Jennings, Ricky Pearsall and Jacob Cowing — have dealt with injuries at some point this summer. Cowing did not practice Wednesday, and Pearsall appeared to narrowly avoid injury after a collision in the end zone. Advertisement Which players might be available when teams trim their rosters from 90 to 53 players? We asked beat writers from coast to coast to name the best wideout their team could cut on Tuesday. There's no guarantee all of the names below will be available to sign or claim off of waivers, but all are on or near their squad's roster bubble. San Francisco is also monitoring the trade market, The Athletic's Dianna Russini reported. We've divided the list into four groups, ranging from players who would at least grab San Francisco's attention to those who are no better than the current 49ers receivers, whom they could likely land on their practice squad. All 31 teams are listed. Kendrick Bourne, New England Patriots: This will be the name that most excites 49ers fans — and perhaps head coach Kyle Shanahan — given Bourne's productive four-year tenure in San Francisco. He also had his most prolific season (800 yards and five touchdowns) with Mac Jones and the Patriots in 2021. It's easy to envision a scenario in which Jennings and Pearsall begin the season as the starters with Bourne playing out of the slot. Bourne, 30, could be the odd man out should New England go with a younger core at the position. Could the 49ers trade for Bourne if the Patriots don't release him? They might look at that closer to the trade deadline when the team's murky receiver outlook is clearer. Marquez Valdes-Scantling, Seattle Seahawks: New offensive coordinator Klint Kubiak likes Valdes-Scantling, with whom he also worked in New Orleans. The question is whether the 30-year-old veteran will be happy with a backup role in the Seahawks' receiving corps. If not, Seattle could release him, making him a candidate in San Francisco. Valdez-Scantling still has deep speed as shown by his 22.6-yard receiving average last season and he'd be able to quickly step into the 49ers' offensive system given his background with Kubiak. Other Seahawks who could be available include Dareke Young and perhaps special teams ace Jake Bobo. Advertisement Dante Pettis, New Orleans Saints: Before you freak out — Shanahan loved Pettis' route-running ability. He wasn't as happy with the 2018 second-round pick's toughness, which is why Pettis was cut midway through 2020. Like the players listed above, Pettis would be able to get up to speed quickly given his background with Shanahan and Kubiak (2024 Saints). He also returns punts. Veteran Donovan Peoples-Jones also could be available. Curtis Samuel, Buffalo Bills: There's at least some chance the oft-injured Samuel will be available in some form — trade or release — over the next week. Though he's underachieved since arriving in Buffalo last year, the 49ers might like his versatility, including being able to take snaps at tailback. Robert Woods, Pittsburgh Steelers: Woods' numbers have steadily dropped since he had a 1,134-yard season with the Rams in 2019. But the 33-year-old would be familiar with the offense, having spent five seasons under one Shanahan lieutenant, Sean McVay, and two under another, Bobby Slowik (Houston, 2023-24). Woods could be a reliable bridge to when Robinson and Aiyuk return. Malachi Corley, New York Jets: The 49ers hosted Corley on a pre-draft visit last year, and he was drafted in the third round by Robert Saleh's Jets. He remains raw as a receiver, but his ability to break tackles will remind some of Deebo Samuel. Another one-time Saleh favorite, Xavier Gipson, also could be available. Courtney Jackson, Denver Broncos: Like Corley, Jackson is a developmental player, though one with special teams value along with impressive quickness. The rookie ran a 4.38-second 40 — with a 1.5-second 10-yard split — in the run up to the draft. Mitchell Tinsley, Cincinnati Bengals: Tinsley made a splash on national television Monday with two catches for 73 yards and two touchdowns. The question now is whether the Bengals keep him, cut him or try to trade him. MITCHELL TINSLEY HAVE A DAY!!!! #CINvsWAS on @espn — Cincinnati Bengals (@Bengals) August 19, 2025 Justin Watson, Houston Texans: He's never been prolific, but Watson, 29, has 21 starts (including playoffs) for the Chiefs over the last three seasons. He also had 54 receiving yards against the 49ers in the 2023 Super Bowl. Ronnie Bell, Detroit Lions: Yes, yes, yes — we know his stint in San Francisco didn't go swimmingly (see: 2024 game at Los Angeles Rams). But Bell knows all three receiver positions and could get up to speed quickly. Advertisement Jalen Reagor, Los Angeles Chargers: He's the most experienced — 27 career starts — of the Chargers who might be available. Another possibility: Brenden Rice, son of Jerry. If Rice replaced Terique Owens as a 49ers developmental receiver, it would be … poetic. Trey Palmer, Tampa Bay Buccaneers: Receivers who run 4.33 40s at 6 foot 1 don't grow on trees. Veteran Sterling Shepard also might be available next week. Diontae Johnson, Cleveland Browns: Johnson, who once had 107 catches in a single season, is on his fifth different team in the past 18 months and is expected to be cut. Of course, the 49ers would have to look into why the talent-starved Browns released him. Skyy Moore, Kansas City Chiefs: The 2022 second-round pick could be available due to a lack of production this summer, coupled with a crowded Chiefs receiving corps. David Moore, Carolina Panthers: He's a journeyman who's been dependable wherever he's been. Ryan Flournoy, Dallas Cowboys: Good speed plus good size makes him a worthy developmental prospect. Tyler Scott, Chicago Bears: A 2023 fourth-round pick who had 17 catches as a rookie but just one last season, Scott also has return-man skills. Terrace Marshall Jr., Philadelphia Eagles: The 49ers had Marshall on their practice squad for a month and a half last year. River Cracraft, Washington Commanders: Having played for the 49ers and Dolphins in the past, he'd be dependable on an as-needed basis. Xavier Smith, Los Angeles Rams: Smith's 38-yard punt return against the 49ers in Week 3 last year set up his team's game-winning field goal. His time with the Rams signals he'd be able to mesh quickly with the 49ers' offense. Malik Heath, Green Bay Packers: He's been a fill-in over his career, but he's got good size (6-3, 213) and is familiar with the type of offensive system the 49ers run. Advertisement Laquon Treadwell, Indianapolis Colts: He's a big-bodied receiver who always seems to latch on to a roster. The 49ers hosted him on a pre-draft visit way back in 2016. David Sills V, Atlanta Falcons Lucky Jackson, Minnesota Vikings Tejhaun Palmer, Arizona Cardinals Anthony Miller, Baltimore Ravens Phillip Dorsett, Las Vegas Raiders James Proche, Tennessee Titans Lil'Jordan Humphrey, New York Giants Erik Ezukanma, Miami Dolphins Trenton Irwin, Jacksonville Jaguars (Photo of Kendrick Bourne: Maddie Meyer / Getty Images) Spot the pattern. Connect the terms Find the hidden link between sports terms Play today's puzzle

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store