JOSH HARRIS

Ripken’s eponymous tournaments for youth baseball players have merged with Cooperstown All Star Village under a new agreement with the owners of the Philadelphia 76ers and New Jersey Devils. The Ripken Experience operates in Maryland, South Carolina and Tennessee and plans to open a location in 2023 in Kentucky. “We don’t go looking to go partner with Major League Baseball to find more athletes to play baseball,” Ripken said. Ripken called the program a sort of “outdoor classroom.”“On the foundation side, we don’t look to make baseball players,” Ripken said. Ripken Baseball, which includes vice president and former big leaguer Bill Ripken, Cal Jr.'s brother, also brings its youth sports experience to satellite locations through Ripken Select Tournaments.

Cal Ripken and Cooperstown are connected again.

The Philadelphia 76ers are planning a move to downtown. The 76ers announced plans for a new privately funded arena right in the Fashion District area of Center City. FULL RELEASE: https://t.co/CtACyZcVqH | #76Place pic.twitter.com/YPijySYgCt — Philadelphia 76ers (@sixers) July 21, 2022"The Philadelphia 76ers are a storied Philadelphia institution with a proven track record of investing in their community," 76ers managing partner Josh Harris said in a statement. The 76ers currently play at the Wells Fargo Center, which sits south of downtown right off the Delaware River. The current plan for the new arena will demolish a block of a shopping center located at 10th and Market Streets.

Spain Soccer Champions League Chelsea players react at the end of the Champions League, quarterfinal second leg soccer match between Real Madrid and Chelsea at the Santiago Bernabeu stadium in Madrid, Spain, Tuesday, April 12, 2022. (AP Photo/Manu Fernandez) (Manu Fernandez)The owners of the Chicago Cubs dropped their interest in buying Chelsea, leaving three remaining bids for the enforced sale of the Premier League club by sanctioned Russian owner Roman Abramovich. “The Ricketts-Griffin-Gilbert Group has decided, after careful consideration, not to submit a final bid for Chelsea FC,” the group said in a statement. We have great admiration for Chelsea and its fans, and we wish the new owners well." A New York-based merchant bank, the Raine Group, has been overseeing the sale process that was announced last month by Abramovich following Russia’s invasion of Ukraine.

The bid for Chelsea launched by Boston Celtics co-owner Steve Pagliuca has added Canadian sports tycoon Larry Tanenbaum ahead of Thursday’s expected deadline for improved offers for the Premier League club.

Britain Soccer Premier League Chelsea's Mason Mount celebrates after scoring his side's sixth goal during the English Premier League soccer match between Southampton and Chelsea at the Saint Mary's Stadium in Southampton, Saturday, April 9, 2022. Four known bids are still under consideration to buy Chelsea, which could be sold for 3 billion pounds ($4 billion) given the interest that has emerged since Abramovich put the west London Premier League club up for sale six weeks ago. Chelsea has won 21 trophies in 19 years of Abramovich ownership, relying on his lavish investment to become one of Europe’s most successful clubs. "We will support our players and managers to make sure that Chelsea are habitual winners and title contenders, whether in the Premier League, Champions League or the Women’s Super League. Chelsea is a world-class team, in a world-class city, with world-class fans: it deserves a world-class stadium.”___More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_SportsCopyright 2022 The Associated Press.

Final bids are being prepared for European champion Chelsea as the process to end the ownership of sanctioned Russian oligarch Roman Abramovich steps up.

The next CEO will be tasked with helping the Sixers land a new arena and helping the New Jersey Devil increase in value.

NBCUniversal, the parent company of CNBC, could explore selling its sports networks. And if it does, team owners could look to purchase the assets.

Pressed on Embiid and Simmons, Morey quipped he was low on the tenure board. “I think they absolutely can work together,” Morey said, “but Doc’s been here a little longer than me. “Whatever my role needs to be, I accept that role,” Brand said. “The goal is not to shoot 3-pointers, the goal is to win,” Morey said. Or Morey and Rivers, who bring decades of sustained winning to Philly and will demand players do it their way?

That's the label NBA insiders give Doc Rivers after his quick move from the L.A. Clippers to the Philadelphia 76ers. "Chief Performance Officer," one NBA executive said when describing Rivers' hire. The NBA executive agreed to speak to CNBC on the condition of anonymity due to the sensitivity of discussing team business. "It's appropriate in this circumstance," added former NBA executive Andy Dolich when told of the "CPO" label. Rivers' new five-year contract is north of $40 million and includes incentives which trigger on team performance.

The logo for the National Hockey League's (NHL) New Jersey Devils is displayed outside the team's home arena, the Prudential Center, in Newark, New Jersey. On Monday, Philadelphia 76ers and New Jersey Devils' employees were informed they will be receiving temporary salary reductions of up to 20% starting April 15 and going through the end of June. The cuts apply only to employees making more than $50,000 and includes employees in the front office. In a statement, Scott O'Neil, CEO of Harris Blitzer Sports & Entertainment said the decision was made to ensure "we can support and operate our businesses during these uncertain times without reducing our workforce." These temporary cuts do not apply to players on the team, but do apply to executives at the highest levels.