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Aussie billionaire buys NBA dream team

Aussie billionaire buys NBA dream team
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New NBA Owner Ryan Smith Turned Down Several Chances to Buy Teams to Wait for the Jazz

Smith, 42, officially entered the sports ownership fraternity after the National Basketball Association approved his $1.6 billion purchase of the Jazz on Friday. The Qualtrics co-founder and CEO will assume final decision-making for business and basketball operations for the team. The new ownership group also adds Atlassian co-founder Mike Cannon-Brookes and Ryan Sweeney of venture capital firm Accel as minority partners. In an interview with CNBC Pro s A View from the Top, Smith said he doesn t plan to stay behind the scenes. Still, unlike other NBA owners, running the Jazz won t be his full-time job. Qualtrics is spinning off from SAP early next year, less than two years after the German software giant acquired the company. Smith says he expects it to be a big company.

As Boston Red Sox rebuild farm system, Chaim Bloom points to Dustin Pedroia, Jon Lester as examples of a second-round pick s value

As Boston Red Sox rebuild farm system, Chaim Bloom points to Dustin Pedroia, Jon Lester as examples of a second-round pick’s value Updated Dec 16, 2020; Posted Dec 16, 2020 Red Sox s Chaim Bloom speaks at a news conference, Monday, Oct. 28, 2019, at Fenway Park in Boston. (AP Photo/Elise Amendola)AP Facebook Share The Red Sox hit home runs in the second round of the 2002 and 2004 MLB Drafts, picking Jon Lester and Dustin Pedroia who helped them win World Series titles in 2007 and ‘13. Boston has swung-and-missed in the second round, too. Mickey Hall (54th overall, 2003), Jonathan Egan (57th overall, 2005), Hunter Morris (84th overall, 2007) and Derrik Gibson (77th overall, 2008) all never played a game in the major leagues.

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