The Presidential Daily Brief


  1. Basketball Team Values Bounce 72 Percent

    You can’t call this dribbling. NBA team values jumped 72 percent in the past year, according to Forbes, scoring the biggest single-year boost since 1988. With help from Steve Ballmer’s recent $2 billion purchase of the Clippers, the average franchise now rings in at $1.1 billion, and the Los Angeles Lakers top the chart at an astounding $2.6 billion. And with new television contracts worth nearly three times the old ones, the NBA looks set to score even bigger in the coming years.

    Forbes, ESPN

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