Latest news with #CreightonUniversity
Yahoo
31-07-2025
- Business
- Yahoo
Junk Bonds Might Be Ideal for New Investors
Why would any investor want to invest in something known as a junk bond? Certainly, the name alone could put you off, and they are known for having a 'risky' reputation, too. However, junk bonds can have unique appeal for newer investors seeking higher yields in today's environment. Explore More: Read Next: Despite their name, they historically deliver higher returns than Treasury bonds, according to Robert R. Johnson, PhD, CFA, CAIA, professor of finance, Heider College of Business at Creighton University. He said that junk bonds returned 8.3% annually from 1983 to 2023, compared to 5.8% for Treasury bonds (and even higher yields at other points). Find out how investing in them strategically may be a great idea for newer investors, if you're fully apprised of all the risks. What Are Junk Bonds, Really? A junk bond isn't actually a 'bad' bond, it's just a type of corporate bond that has a credit rating below investment grade, which makes it riskier than more stable, highly rated bonds, Johnson said. Bond rating agencies such as Standard & Poor's, Moody's Investors Service and Fitch Ratings assign ratings to bonds just like teachers assign letter grades to students, Johnson explained. Bond ratings range from AAA (the highest rating) down to C and D which refer to bonds that are already in default on some of their payments. Anything below a 'BBB' is a 'junk bond.' Some institutional investors are only allowed to invest in investment-grade bonds and are prohibited from investing in junk bonds, Johnson shared. 'In fact, if they hold a bond that is downgraded (or if the rating is lowered) from investment grade to below investment grade or junk status, they must sell that bond from their holdings, even if it's at a sizable loss.' Why Junk Bonds Appeal To Yield-Hungry Investors Despite these downsides, these bonds have a higher return potential compared to investment-grade bonds for those whose portfolios can allow room for risk. Junk bonds performed especially well during 'expansive Fed policy' Johnson said, meaning when the Federal Reserve board does things to stimulate the economy, such as lowering interest rates, making it cheaper to borrow money and buying government securities. In these time periods, junk bonds have returned as much as 11.7%. 'Investors are attracted to junk bonds because of the expectation of higher returns,' Johnson said. The Hidden Risks Every Investor Should Know Unsurprisingly, with higher than usual returns often come greater risks. High-yield bonds carry a much higher level of credit risk than investment grade bonds, according to Evan Mann, senior high yield analyst at Gimme Credit. 'If a bond is held until its maturity date, there is no risk to the principal,' Mann said. However, if rates move up or down, the market price of a bond will also move up or down, which means there's either an opportunity for principal gain or loss if the bond is sold before its maturity date. 'Junk bonds become attractive when investors' aversion to risk decreases,' Johnson pointed out. A mindset that is not a little risk averse can be dangerous if it isn't mitigated with other diversification strategies. Should New Investors Buy Individual Junk Bonds? People who are not afraid of a little risk with their reward can definitely invest in these bonds, though Johnson warned that only experienced investors should try to pick individual junk bonds to invest in. 'The analytical sophistication necessary to successfully identify junk bond investments is beyond the expertise of most individual investors,' Johnson warned. A better call is to invest in the junk bond markets through junk bond ETFs and mutual funds. Mann agreed that ETFs or mutual funds provide diversification, 'especially for individuals who don't have the time or skill to do their own credit analysis or significant investible funds to build their own diversified bond holdings.' Are Junk Bonds Right for You? Expert Opinions Vary When it comes to deciding if junk bonds are right for you, generic advice just won't cut it — it all depends upon your unique financial circumstances. Johnson 'is not a fan' of first-time investors including junk bonds in their portfolios, suggesting people should 'invest in a low-fee, diversified equity index fund and continue to invest consistently whether the market is up, down or sideways.' Mann, on the other hand, believes they can be a good addition to a diverse portfolio, but prioritizes the ETF or mutual fund route. As with any form of investing, you have to weigh the rewards against the risks, and your overall financial goals. It's always a good idea to speak with a financial advisor if you're just not sure. More From GOBankingRates Mark Cuban Tells Americans To Stock Up on Consumables as Trump's Tariffs Hit -- Here's What To Buy This article originally appeared on Junk Bonds Might Be Ideal for New Investors Sign in to access your portfolio


Time Magazine
25-07-2025
- Health
- Time Magazine
What Experts Think About the Japanese Walking Trend
'Japanese walking' isn't new, but the workout recently gained legs on TikTok: People credit it with making their walking routines more exciting and leading to an array of benefits, from weight loss to better heart health. While its name is derived from research conducted in Japan, this style of workout—known as interval walking—is popular around the world, and for good reason. It involves walking at a high intensity level for three minutes, followed by three minutes at a lower intensity, on repeat for at least 30 minutes, four times a week. 'We know that exercise matters, and we know that intensity matters,' says Laura Richardson, an exercise physiologist and clinical associate professor of kinesiology at the University of Michigan. 'I think it's caught on because it's so sustainable—it's short, it's doable, you don't have to be in a gym, and there are lots of benefits to walking.' We asked experts to break down exactly why Japanese walking is so effective and how to get started. The science behind interval walking Interval training—or alternating between short bursts of high-intensity exercise, followed by lower intensity rest and recovery—has been around for more than 100 years. You can apply it to all kinds of fitness regimens, including walking, biking, running, and strength training. 'It's getting your heart rate up and then bringing it back down,' Richardson says. When you work out at a high intensity, you increase blood flow to your body's muscles and make your heart beat faster. 'That's where we get health benefits,' she adds. 'The adaptations begin happening at higher levels of intensity.' Over time, interval training leads to increased cardiorespiratory fitness, which means your body can better consume oxygen because your heart and lungs are stronger. And you don't have to spend hours at the gym to achieve it: By adding intensity to your workouts, you get more bang for your buck from a time perspective, says Rashelle Hoffman, a gait and walking expert in the physical therapy department at Creighton University in Omaha. Consider the American College of Sports Medicine's physical activity guidelines: All healthy adults should get moderate intensity aerobic activity for at least 30 minutes five days a week, or vigorous activity for a minimum of 20 minutes three times per week. 'Clearly, you're seeing greater benefits with less time with vigorous activity,' she says. 'We're stressing our body out more, and it's responding more readily to that.' Read More: Backward Walking Is the Best Workout You're Not Doing There's a psychological appeal, too. Interval walking enables you to feel like you're competing against yourself, Richardson says, as you get faster and ratchet up your intensity level. 'I always say that people like numbers,' she says. They give walkers a tangible goal, which can propel their desire to work out. Emily Mendez, who lives in Indianapolis, took up Japanese walking a few years ago because she tends to get bored walking at the same pace. The intervals give her something to focus on, she says, and she likes the sense of achievement she gets from short, powerful spurts of activity. 'It's like an accomplishment when you do the quicker walks,' she says. 'I do those and push myself, and then the slower walks for recovery are like a reward. It makes it more interesting, less boring, and more motivating.' The benefits of Japanese walking In one of the leading studies on interval walking, Shizue Masuki and her colleagues instructed 246 middle-age and older adults to walk at a high intensity for 30 minutes a day, more than four times a week, for five months. No one completed the program—they complained that it was too boring and difficult, says Masuki, a professor at Shinshu University Graduate School of Medicine in Japan. That inspired the researchers to test interval walking instead. This time, the participants actually did it, and the results were impressive. People who followed an interval walking program for five months experienced greater increases in leg strength, thigh muscle strength, and overall physical fitness, as well as a greater reduction in blood pressure, than those who only walked at a moderate pace. Additional research with more than 700 people found that interval walking improves symptoms of lifestyle-related and age-related diseases, such as changes in cognitive function, depression, and sleep quality. Plus, the technique leads to an increase in healthy HDL cholesterol levels, improved triglyceride levels, and reduced abdominal visceral fat. More generally, research suggests that walking—which is lower impact than activities like running—contributes to bone and muscle health, reduces the risk of chronic diseases, and enhances mental wellbeing. It's often an ideal choice for people who are older or overweight, Hoffman says, as well as those newly dipping their toes into an exercise routine. 'The beauty of walking is that most people know how to do it,' she says. 'There's not a learning curve, and you don't really need to have equipment.' What counts as high intensity, anyway? In Masuki's study, participants logged three minutes of walking at 70% of their peak aerobic capacity, or VO2 max—which measures the maximum amount of oxygen your body can utilize during intense exercise—followed by three minutes at 40% of their peak aerobic capacity. While a smartwatch can provide you with this data, there's an easier way to track your intensity. Read More: Why Walking Isn't Enough When It Comes to Exercise Richardson calls it the talk test: When you're working at about 70% of your aerobic capacity, you'll be breathing heavily and able to feel your heart racing, but you'll still be able to carry on a conversation. 'It's a little bit uncomfortable, but you can still talk,' she says. If you were closer to working at 100% of your capacity, on the other hand—an extreme level that experts advise against, since your body can't get enough oxygen to fuel muscles and you'll quickly feel drained—you would not be able to speak. How to start interval walking Ready to give Japanese walking a spin? Experts suggest these tips. If three full minutes of high-intensity walking feels daunting, ease in: You could start out by picking up your pace for one minute, followed by a three-minute recovery session, Hoffman suggests. 'You won't see the benefits necessarily at those lower levels, but you'll be training your body,' she says. You don't even have to aim for a 30-minute workout. Since learning about Japanese walking on TikTok a couple months ago, Yvette Hill has been doing it during downtime, like when she's waiting in parking lots to pick up her kids from various activities. Sometimes she ramps up her intensity until she reaches one corner of the lot, then slows down until she reaches the other, tweaking the program to fit her needs. 'If you're busy, this is a great way to fit in exercise,' she says. 'It's so easy and less intimidating than jumping into the gym.' When you increase your pace and shift into a high-intensity interval, it's important to pay attention to your posture. 'Get your spine up, get your chest up, and really think about swinging your arms,' Richardson says. That helps engage more of your body, while adding power to your steps. Many fitness trackers, including the Apple Watch, have a built-in feature that allows you to set up your intervals in advance. That way, your device will alert you when it's time to switch gears, Hoffman says, and you don't have to fiddle with a stopwatch. Read More: Are Walking Pads Worth It? Another option: Time each interval to a favorite song. 'Most songs are about three minutes long,' Richardson says. 'That's a good way of timing your exercise.' If you struggle with balance issues and want to make sure you're safe, experiment with walking poles, Richardson suggests. 'They can give you an extra bit of stability,' she says. 'If someone's a little hesitant—maybe an older or deconditioned person—using a hiking stick or trekking poles can give you an extra set of so-called legs.' One of the reasons walking is so accessible is that you can do it anywhere. That said, high-intensity exercise will feel different depending if you're walking on a treadmill, nature trail, hilly roads, or the beach. 'Your heart rate's going to respond differently to all those different terrains,' Richardson says. Pay attention to what works best for you—you might find, for example, that you love the built-in challenge of walking on the sand or crave quiet moments in the park. Like any other fitness program, there are ways to adjust interval walking to fit your needs. You could wear weights on your arms or even carry small dumbbells to get a better upper body workout, Hoffman suggests. Or switch things up and do squats or lunges for one of your high-intensity intervals. 'This idea of intervals could be applied to different targeted areas of your body,' she says. 'It doesn't have to be just walking.'
Yahoo
24-07-2025
- Sport
- Yahoo
Lakers jersey history No. 00 — Benoit Benjamin
Through the 2024-25 season, the Los Angeles Lakers have had a total of 506 players suit up for them, going back to their days in Minneapolis. Some were forgettable, some were serviceable, some were good and a select few were flat-out legendary. As the Lakers approach their 80th season of existence (they were founded back in 1946 as the Detroit Gems in the National Basketball League), LeBron Wire is taking a look at each player who has worn their jersey, whether it has been a purple and gold one or the ones they donned back in the Midwest during their early years. We will now take a look at Benoit Benjamin, a center who had a brief stint with the Purple and Gold. Benjamin had a reasonably successful three-year stint at Creighton University, where he averaged 21.5 points and 14.1 rebounds as a junior. He was the No. 3 pick in the 1985 NBA Draft by the Los Angeles Clippers, and the seven-footer initially showed some promise. In his fourth season in the NBA, he registered 16.4 points, 8.8 rebounds and 2.8 blocks per game. However, that would be his peak, and he would soon be called a draft bust. He was often accused of lacking dedication and a positive attitude, and in 1988, Dick Vitale, the well-known basketball color commentator, went off on Benjamin. 'He has a double zero on his back, but he should add another zero. I give him a zero for his offensive attitude, a zero for his defensive attitude, and a zero for his mental attitude … he's an absolute, flat-out disgrace to everyone that's ever worn a basketball uniform.' Benjamin was traded to the Lakers midway through the 1992-93 season, along with rookie wing Doug Christie, for Sam Perkins. The trade came shortly after Magic Johnson's second retirement, and then-Lakers general manager Jerry West didn't necessarily make the deal to improve the team — he did it to trigger a long-term rebuilding project and get out of Perkins' big contract. Benjamin did little of note with the Lakers. In 28 regular-season games with them, he mustered just 4.5 points and 3.4 rebounds in 10.9 minutes a game. They ended up trading him in June 1993 to the New Jersey Nets for Sam Bowie, another once-heralded center who turned into a bust, and a future second-round draft pick. He would spend seven more seasons, most of which were unproductive, before his NBA career ended. He did return to the Lakers as a free agent in September 1999, but they waived him a month later, and he didn't appear in any regular-season games for them that year. This article originally appeared on LeBron Wire: Lakers jersey history No. 00 — Benoit Benjamin


Los Angeles Times
26-06-2025
- Sport
- Los Angeles Times
Daily Pilot Softball Dream Team: Marina's Mia Valbuena had no match in playoffs
Mia Valbuena couldn't quite put her finger on it as far as when she began taking an interest in softball, but it came early, and it came with a desire to be like her mom. Between pictures, videos and news clippings their grandmother had saved, Mia and her twin sister, Avi, became familiarized with the playing career of their mother, Willa Parchen. That was all the motivation they needed, said Valbuena, who reckons they were 4 or 5 when they discovered their source of inspiration. They were told about Parchen's path to a scholarship at Creighton University. As far as they were concerned, they had the blueprint set before them. 'Oh, that's what I want to do when I'm older,'' Valbuena would respond. 'We obviously wanted to be just like her,' she added. 'We're like, 'Oh, we're going to go to Creighton, too.' She's like, 'Well, no, you don't have to,' because we just wanted to be just like her.' Valbuena, now a University of Michigan commit, appears to have quite a bright future ahead of her in the game. The past few months were rather fruitful, too. The junior right-hander led Marina to the CIF Southern Section Division 3 championship, shutting down the opposition throughout the playoff run. Valbuena is also the Daily Pilot Softball Dream Team Player of the Year. Marina (19-13) ended a 30-year CIF title drought for the program with an 8-1 win over Westlake at Deanna Manning Stadium on May 30. Upon the final out, Valbuena came together with catcher Gabby DiBenedetto, a battery that has been together since before their high school days. 'That was probably the best decision we've ever made was to convince her to go to Marina because she's now like my best friend,' said Valbuena, who met DiBenedetto through her pitching coach Chrissy Haines in the eighth grade. 'She knows me so well, and it really shows in the field, I think, because we don't even have to communicate through words,' Valbuena said. 'I think I can tell what she's thinking through her face and her body language now, and I think she probably feels the same way. We know what's going on with each other.' Valbuena, the Sunset League Most Valuable Pitcher, dominated from the circle with a devastating riseball and a drop curveball. She allowed just two runs across five postseason starts, recording 56 strikeouts in 33 innings. For the season, she posted a 19-10 record with a 1.88 earned run average across 175⅓ innings pitched. She threw 11 complete-game shutouts and tallied 293 strikeouts. Valbuena was also one of the Vikings' more productive hitters. She had a .337 batting average with 21 runs batted in, seven doubles and two home runs. 'It's only a couple months out of the year that I'm even practicing hitting, or hitting in games, so I do my best to try to keep up with everyone else that's hitting yearlong,' Valbuena said. 'It takes a lot more focus, I think, for me than pitching when it comes to that. Moving into the No. 4 spot at the end of the year, I didn't even expect that, but I guess a little goes a long way sometimes in the close games. I was just trying to do my part to help the team out and help myself out on the offensive side.' At different times in the year, the twins said they play for each other. Pitchers love run support, and Avi, a University of Tennessee at Chattanooga commit, provided by driving in four runs in the CIF finals. At first, they played for their mom, who played and pitched at Marina before them. There's room for more in the circle of trust these days. 'Our chemistry as a team, we really bonded this year,' Valbuena said. 'Something clicked where we all became so united in our goals, and we all had the same idea of what we wanted for the entire year. I think that unity kind of made me able to know that my teammates had my back. They were playing for me, and I was playing for them.' Dan Hay / Shelly Luth A pair of faces that have been around the game for a long time, the duo helped guide the Fountain Valley Vikings to their sixth CIF title and first in three decades. Luth had previously been the head coach for back-to-back Division I titles for the program in 1994 and 1995. It was a new day for Hay, who raised a CIF championship plaque for the first time. Hay was part of the 2025 class of inductees into the Orange County Softball Hall of Fame. Courtney Kols P | Fountain Valley | Sr. A fixture in the pitching circle for all four years of her career at Fountain Valley (14-12), the right-hander will go on to play for Drexel University. Kols was a Sunset League first-team selection for the Barons, who narrowly missed out on a return to the postseason in a winner-take-all game against Edison to determine the league's fourth playoff berth. Gabby DiBenedetto C | Marina | Jr. DiBenedetto sported a .444 batting average, knocking in 20 runs and scoring another 15 runs in support of her battery mate. The Maryland-bound backstop supplied eight doubles, one triple and a home run among her team-leading 44 hits. Bree Carlson 1B | Huntington Beach | So. Huntington Beach (22-8) packed a punch offensively, especially from its twin towers manning the corners in the infield. Carlson, a Sunset League first-team selection, hit .500 with an area-leading 11 home runs to go with a dozen doubles. She drove in 53 runs and scored 38 runs. Kaila Arakaki 2B / SS | Edison | Jr. Arakaki was the prototypical leadoff hitter, reaching base at a high clip and failing to sit still once she accomplished step one. The middle infielder showcased her speed with 19 stolen bases, coming around to score 22 times. At the dish, she batted .360 with nine doubles, a triple and a home run for Edison (11-15). Tea Gutierrez 3B | Huntington Beach | Sr. Gutierrez handled the hot corner defensively while hammering the ball in the batter's box. The Jacksonville State commit boasted a .578 average with nine home runs, three triples and eight doubles. The Sunset League Most Valuable Player scored 45 runs and had 41 runs batted in. Morgan Drotter SS / OF | Huntington Beach | Sr. A natural outfielder, Drotter played at shortstop this season because it was an area of need for the Oilers. The Cornell commit posted a .405 batting average with 11 extra-base hits, including a game-winning three-run home run in the late innings of a key game against Marina in Huntington Beach's journey to a share of the Sunset League title with Los Alamitos, which was the CIF Division 2 champion. Cali Bennett OF | Huntington Beach | Sr. Huntington Beach saw the heart of its order put up some gaudy numbers, and it was often Bennett setting the table. The center fielder hit .431 and scored 36 runs from the top of the lineup. She compiled 10 doubles, three triples and one home run. The Louisiana Tech commit also drove in 19 runs and recorded 10 stolen bases. Kaya Collado OF | Ocean View | Sr. A four-year starter for Ocean View (2-22), Collado has committed to Pacific Lutheran University. Collado boasted team-high production with a .429 batting average, 25 runs scored, seven doubles, two triples and 17 stolen bases. Hannah Stolba 2B / OF | Edison | So. While Arakaki made things happen at the top of the order, it was up to Stolba to turn the lineup over. She excelled in that role with a team-best .435 batting average. The Chargers' left fielder produced eight doubles and three home runs, scoring 19 runs and driving in 15 runs. Avi Valbuena DP | Marina | Jr. The Viking were largely a station-to-station team that did not take many chances on the base paths. They had more sacrifice bunts than stolen bases, often looking for the clutch hit. Valbuena, who hit .397 this season, had a three-hit, four-RBI game in the Division 3 final. Position, Name, School, Year 2B / OF Zariah Billinger, Huntington Beach, Sr. OF Aubrey Catron, Edison, So. P Juliette Foutz, Huntington Beach, Fr. P Sophia Gutierrez, Los Amigos, So. SS / 3B Sophia Hannappel, Edison, Sr. C Ella Kim, Fountain Valley, Jr. OF Victoria Rios, Costa Mesa, So. OF Rachel Ruiz, Marina, Sr. C / 1B / 3B Ally Shaw, Newport Harbor, So. 1B Makenna Smith, Corona del Mar, So. 2B / OF Kileigh Villaloblos, Fountain Valley, Jr.
Yahoo
20-06-2025
- Business
- Yahoo
10 things you need to know about Lakers' new majority owner Mark Walter
The post 10 things you need to know about Lakers' new majority owner Mark Walter appeared first on ClutchPoints. For the first time since 1979, the Buss family will no longer own the Los Angeles Lakers, with Mark Walter purchasing the team at a valuation $10 billion. Advertisement This move, understandably, took the sports world by storm, as it majorly shook up one of the most popular teams in one of the biggest cities in one of the biggest leagues in the world, with potential ramifications the likes of which won't be known for years to come. But who is Mark Walter, the first new owner of the Lakers in almost five decades? Where is he from, how did he get his money, and how does he now own multiple major franchises in Los Angeles? Needless to say, his journey to the Lakers is fascinating. © Jayne Kamin-Oncea-Imagn Images 1. Mark Walter isn't from LA Though he may own what feels like half of the biggest teams in Los Angeles, Mark Walter isn't actually from LA County. Advertisement Born in Cedar Rapids, Iowa, Walter grew up in the Midwest, where his father worked at a concrete block manufacturing plant, and he grew up a Cubs fan. 2. Mark Walter went to Creighton for his undergrad Despite his Midwest roots, Walter went to college at Creighton University in Omaha, Nebraska. Walter studied accounting and ultimately earned a bachelor's degree in 1982. 3. Mark Walter has a law degree from Northwestern After completing his undergraduate studies, Walter traveled to Chicago to pursue a law degree at Northwestern University. While getting to watch his favorite baseball team on the regular, Walter also met his wife, Kimbra, in Chicago, with whom he remains married to this day. 4. Mark Watler earned his money from insurance How was Walter able to put down $10 billion to purchase the Lakers? Well, Walter earned much of his money from the insurance industry, where he has been working professionally since 2000. After founding his first major company in 1996, Liberty Hampshire Company, Walter shifted over to insurance in 2000 when he decided to found a new company with the Guggenheim family. 5. Mark Walter is a founder of Guggenheim Partners Outside of his sports portfolio, Mark Walter is best known for being the founder of Guggenheim Partners, one of the world's biggest insurance companies. Advertisement Founding the company with Peter Lawson-Johnson II, the firm has assets under management of $330 billion. With Walter as the CEO, Guggenheim has become one of the biggest companies in the world and has ventured out into sports ownership with the launch of Guggenheimer Baseball Management. Kirby Lee-Imagn Images 6. Guggenheim Management purchased the Dodgers in 2012 In 2012, the Dodgers were put up for sale after then-owner Frank McCourt was investigated by MLB, and the team filed for Chapter 11 Bankruptcy. After failing to purchase the Astros years prior, Walter and the Guggenheim Group put together a package worth north of $2 billion to buy the team outright, purchasing the team, their affiliates, their stadium, and the land around it, but, curiously enough, not the parking lot, which LA rents for $14 million a year. 7. Mark Walter personally owns 27 percent of the Dodgers Though the Guggenheim Baseball Management group is the primary owner of the Dodgers, Walter does have a stake in the team personally at 27 percent after personally putting up $100 million to help purchase the team. 8. Magic Johnson is a minority owner of the Dodgers, too As many fans around LA know, Lakers legend Magic Johnson is also a minority owner of the Dodgers, helping the Guggenheim group with their purchase back in 2012. Though his name was in many headlines at the time regarding the purchase, Johnson remains a single-digit owner of the team. Kyle Terada-Imagn Images 9. Mark Walter already owns the Los Angeles Sparks Before he purchased the Lakers, Walter and Johnson came together to buy the Los Angeles Sparks, with the Guggenheim CEO owning a sixth of the franchise. Under Walker's leadership, the Sparks have won two conference titles and a WNBA Championship in 2016. 10. Mark Walter has been the Lakers' owner-in-waiting While the news of Walter buying the Lakers caught the sporting world by surprise, it's technically been an option for some time now, as when he purchased 20 percent of the team in 2021 from Philip Anschutz, he was given the ability to become majority owner should the opportunity arise in the future. Advertisement Were the Lakers going to be put up for sale publicly? It's hard to say, but after holding a fifth of the team for multiple seasons, Walter was able to buy the franchise outright at a valuation $10 billion. Related: Lakers rumors: Nick Wright predicts Austin Reaves' trade value after Desmond Bane deal Related: Sources: Why Lakers rivals hoped Jeanie Buss would never sell franchise