MSG Entertainment price target lowered to $36 from $48 at Goldman Sachs
Goldman Sachs lowered the firm's price target on MSG Entertainment (MSGE) to $36 from $48 and keeps a Buy rating on the shares. The firm believes fiscal Q3 results in May will feature in-line to slightly better consolidated revenue and adjusted operating income, updated commentary on bookings activity and FY26 Christmas Spectacular sales to-date, and color on shifting trends in New York City tourism, the analyst tells investors in a preview for the live entertainment group. The firm's lower price target reflects risk to Christmas Spectacular as well as lower market and comparable company multiples, the analyst noted.
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Chisholm group purchase will value Celtics over $7B, Axios says
Chisholm group buying majority stake in Celtics for $6.1B, Axios says
Chisholm group to buy NBA's Celtics for over $6B, Sportico reports
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Yahoo
18 hours ago
- Yahoo
Nate Oats lays blueprint, talks move-in for NBA-inspired Alabama basketball practice facility
Crimson Tide coach Nate Oats has had his hand in creating Alabama basketball's practice and training facility since the project was first announced last year. "They've had me heavily involved in the entire thing," Oats told The Next Round at the Regions Tradition. Advertisement Architects and construction workers probably wished that wasn't the case after Oats came back from Boston last summer. After a little less than a week with Celtics head coach Joe Mazzula, Oats returned to Tuscaloosa with some new ideas he'd stowed away in his suitcase. "I came back and kind of blew up the plans," Oats said. CONSTRUCTION NEWS: Where were cuts made on new budget approved for Alabama basketball's practice facility? FUTURE PLANS: Nate Oats gives timeline on replacing ex-Alabama basketball assistant "Literally, we're to the end, and I'm like no, we're doing it all different," Oats said. Advertisement The communication went all the way to UA Director of Athletics Greg Byrne and President Stuart Bell, who agreed to Oats' requests. "I think it's gonna be a one-of-a-kind facility. The people designing it said they'd pitched these ideas to people and they didn't really buy em," Oats said. Nate Oats talks blueprint of Alabama basketball training and practice facility "It's gonna be very integrated," Oats explained. "It's going to be a lot easier to build relationships with players, and I think that's very important in the transfer portal, NIL day." Oats said there won't be a player lounge or a staff lounge, but "one big shared space." Advertisement Where Oats' office is currently located in Coleman Coliseum, he's on the opposite end of where players are practicing, so he struggles to know when guys are coming in to shoot, or who's available for a quick conversation before a voluntary workout. Oats explained that his office on the practice floor neighbors three more for Crimson Tide assistants, all standing across from the weight room, which will conjoin with the training room. Using his hands to lay out the blueprint of the facility, Oats indicated his office will be closest to the stairs, which lead to the second floor that'll host support staff and the common area for all involved in the program. How much was the courtyard addition that Oats is so excited about? Oats gave a smirk when he brought up the courtyard, one of the more recent additions approved for the facility, going on to note he has one at his house and often finds himself tempted to work outside. Advertisement In February, the project's budget increased by $500k when the University of Alabama System Board of Trustees voted for the facility to include separate courtyards for men's and women's teams, which will serve as communal areas for players and incoming recruits. Two months later, trustees voted to slash $115k of the budget previously allocated to 'Landscaping.' "I hate being locked up in an office," Oats said. Oats' one rule? "No bird baths." The University of Alabama unveiled the first banner honoring the school's first Final Four appearance Friday, Oct. 11, 2024, in Coleman Coliseum. Alabama head coach Nate Oats shows off his Final Four ring after it was presented by athletics director Greg Byrne and president Stuart Bell. When is Alabama basketball expected to move in to new home? The facility is expected to be complete by "next summer," according to Oats, adding the team anticipates moving in "this time next year." By that estimate, all should be said and done by May 2026. Advertisement Byrne told the Tuscaloosa News in December that the facility will offer "the latest technology," adding that the "first step" Alabama takes towards renovations on Coleman start with the practice facility. "I'm super excited. I can't wait," Oats said. Emilee Smarr covers Alabama basketball and Crimson Tide athletics for the Tuscaloosa News. She can be reached via email at esmarr@ This article originally appeared on The Tuscaloosa News: Nate Oats on blueprint, expected move-in for Alabama basketball practice facility
Boston Globe
a day ago
- Boston Globe
In what is sure to be a painful offseason, there's one thing the Celtics absolutely cannot do … trade Derrick White
Seriously, it might be better to identify the teams that aren't interested in trading for White — the highest-level kind of glue guy who also happens to swat shots like a young Dennis Johnson and owns the franchise record for 3-pointers in a season — than figuring out which teams are nagging Celtics president of basketball operations Brad Stevens about his availability. Advertisement Show me a team that isn't interested in trading for White, and I'll show you a team run by morons. Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up It's well-established that this is going to be a painful offseason for the Celtics because of their luxury-tax situation and the massive bill coming due. Stevens and Celtics ownership deserve all the credit in the world for keeping their 2024 championship core together and making one more run. That it came up short with the second-round loss to the Knicks is disappointing in a bunch of ways. It's disappointing, too, that this core can't stay together longer given the stunningly punitive tax and basketball penalties. I'll ask again: Why, exactly, did the Players Association agree to this collective bargaining agreement, which punishes teams built the right way (such as the Celtics) and is going to deeply affect the salaries of non-superstar veterans? Advertisement That second disappointment, as much as we tried to put it out of mind during the season, was inevitable. And so three weeks after the title defense ended with a 38-point Game 6 loss to the Knicks, most of us have reached the acceptance stage of Sports Grieving. We're resigned to change, realistic about what they might have to do, and intrigued how the savvy Stevens will go about it. The Celtics are more than $20 million over the second-apron tax threshold, and though there is some mystery about how they will proceed because of the pending ownership change, it would be stunning if they don't reset. Whether they do a full reset and get below the tax line altogether depends on Jrue Holiday seems the most likely, and that's a bummer. It's a shame that this quintessential Celtic will probably play just two years here. I wish he'd been a Celtic for life. But he'll turn 35 this month, and has two years, plus a player option for 2027-28, left on his contract at an average salary of $33.6 million. He should have appeal to any team that believes it's a piece or two away from true championship contention. Advertisement I've loathed most of the speculated trade packages that the Celtics could receive in return for certain players, and we probably should get used to that — the need to get under the second apron doesn't exactly give the Celtics leverage. Any trade return is going to be tolerable, at best. But I must acknowledge, the idea of Holiday — the anti-Kyrie — playing in Dallas with Cooper Flagg (he's from Maine, you know), Anthony Davis (for the 47 games he's healthy), and Klay Thompson (a favorite at this address) would be a decent outcome. Perhaps Kristaps Porzingis — who has played one fewer game (regular season and playoffs combined) for the Celtics in his two years than Bill Walton did over the same span here — could be moved, given he's in the final year of his contract ($30.7 million cap hit). And Sam Hauser, whose extension kicks in next season, probably goes, too. And we cannot forget that Al Horford and Luke Kornet are free agents. It's going to take some tricky cap navigation to bring either or both of them back. Jaylen Brown? It would be extremely difficult to trade someone who came through in the biggest moments two years ago and is The Celtics can't totally gut this, though. They can't have Jayson Tatum Advertisement The Celtics likely will keep Brown, and valuable players with team-friendly contracts — that's you, Payton Pritchard — aren't going anywhere. And they must keep White. Stevens must keep rebuffing those offers. I trust that he will. No one knows White's value more than he does. There's a reason every team with a clue covets him. There are very few like him. So let everyone else fight for the facsimiles. The original stays here. Chad Finn can be reached at
Yahoo
2 days ago
- Yahoo
Celtics Emerge As Dark-Horse Suitors In Potential Giannis Antetokounmpo Trade
Celtics Emerge As Dark-Horse Suitors In Potential Giannis Antetokounmpo Trade originally appeared on Fadeaway World. The Boston Celtics may have just entered the most high-stakes sweepstakes of the NBA offseason. According to ESPN's Brian Windhorst, the Celtics are one of a few teams that could realistically pull off a trade for Milwaukee Bucks superstar Giannis Antetokounmpo and still remain championship contenders in the aftermath. Advertisement "I think you have to look at the teams that could make a trade for Giannis that the Bucks would accept and, on the other side of the trade, would have a contending team." "So Boston would be on that list. I think New York would be on that list. You know, there's some difficulties when you talk about aprons and second apron teams trying to make trades, and that's a reality, but there are some teams in the Eastern Conference you could construct an ability to get this done." This revelation comes amid a leaguewide swirl of speculation that Giannis may finally be ready to move on from Milwaukee. With the Bucks suffering yet another postseason letdown and internal uncertainty brewing under head coach Doc Rivers, NBA agents and insiders increasingly believe Antetokounmpo could request a trade this summer. Rivers, for his part, refused to entertain the rumors. 'I talk to him all the time,' he said bluntly when asked about the speculation. Advertisement But NBA front offices aren't moving on. And Boston is now being whispered as a serious, albeit dark-horse, suitor. The Celtics are at a financial crossroads themselves. With a massive luxury tax bill looming and second-apron penalties constricting roster flexibility, the front office is reportedly exploring a fire sale that would keep only the core of Jayson Tatum, Jaylen Brown, and Derrick White, while shopping supporting pieces like Kristaps Porzingis, Al Horford, and potentially even Jrue Holiday depending on their future plans. Despite these tax concerns, Boston has the depth of assets and young talent that Milwaukee might covet in a trade. A package centered around multiple rotation players, future first-round picks, and financial relief could tempt the Bucks if Giannis forces their hand. From a basketball perspective, Giannis paired with Tatum would instantly form the most athletic and versatile forward duo in the NBA, when the Celtics star returns in 2026. Advertisement Tatum's perimeter scoring and playmaking would complement Giannis' slashing dominance and defensive prowess. The question, of course, is whether Boston would be willing to part ways with Jaylen Brown in such a deal. While some analysts believe Boston would prefer to pair Giannis with Brown and Tatum, it's more likely that Brown, along with key depth pieces, would be required to get Milwaukee's attention. The Celtics aren't the only team circling Giannis. The Knicks have the draft capital and the depth to go big. A potential offer could center around stars and three or more first-round picks (including ones from Dallas, Milwaukee, or Washington) Advertisement A blockbuster out West could see the Warriors offer Jonathan Kuminga, Moses Moody, Andrew Wiggins, and multiple future unprotected picks, including their 2026 and 2028 firsts. If Milwaukee sees long-term value in Kuminga's potential and wants to reset the timeline while remaining competitive, Golden State might be a compelling option. The Raptors have long been seen as a stealth candidate for a star trade, especially after pulling off the Kawhi Leonard heist in 2018. Their offer could include Scottie Barnes, Bruce Brown, Chris Boucher, and a war chest of picks. Though more speculative, the most explosive rumor involves a potential Luka Doncic for Giannis swap between the Lakers and Bucks. Each team brings a unique pitch: Boston offers contention and All-NBA talent, New York brings market and draft capital, Golden State adds dynasty appeal, Toronto offers a superstar prospect, and LA comes with the glamour and blockbuster potential. Advertisement Ultimately, Giannis controls much of this saga. If he asks out, Boston's combination of star power, win-now ability, and tradable assets could give them the inside track, even in a race stacked with suitors. Related: Former Celtics Player Reveals Why Giannis Antetokounmpo Wants To Leave Milwaukee This story was originally reported by Fadeaway World on May 31, 2025, where it first appeared.
