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Home Blog Page 8610

Former Virginia coach, AD Terry Holland dies at 80


Former Virginia coach and athletic director Terry Holland died Sunday at age 80 in Charlottesville, Va.

Holland’s family announced his death Monday. Holland was diagnosed with Alzheimer’s disease in 2019 and had recently entered a memory care facility.

The tributes began to pour in almost immediately on social media, from John Calipari, Jim Boeheim and Jim Larranaga, to name a few.

“As both a successful coach and respected administrator, Terry Holland leaves an indelible imprint on the University of Virginia, the ACC, college basketball and college athletics,” the ACC said in a statement. “He was a true gentleman that embraced his players and colleagues as family.”

Holland led the Cavaliers to nine NCAA Tournament appearances from 1974 to 1990, including two Finals Four (1981, 1984). He was the ACC Coach of the Year in 1981 and 1982.

He recruited 7-foot-4 Ralph Sampson, who led the Cavaliers to a 112-25 mark from 1979-83. Sampson took Virginia to one of Holland’s Final Fours.

Holland retired as Virginia’s all-time winningest coach at 326-173, a mark just broken last month by current head coach Tony Bennett.

Holland later became Virginia’s AD from 1994-2001. He was also AD at Davidson and East Carolina.

Holland played under Lefty Driesell at Davidson, leading the nation in field goal percentage as a senior in 1963-64. Holland was the head coach at Davidson for five seasons before going to Charlottesville.

–Field Level Media

Reports: Haslams buying 25 percent stake in Bucks


Jimmy and Dee Haslam have agreed to buy a 25 percent stake in the Milwaukee Bucks from co-owner Marc Lasry at a $3.5 billion valuation of the team, multiple outlets reported Monday.

That valuation puts the Haslams’ investment at $875 million.

The deal, pending league approval, would be the second-highest selling price for an NBA team, just shy of the $4 billion purchase of the Phoenix Suns earlier this month. And it shows what people are willing to pay to join the exclusive club of franchise owner.

Last fall, Forbes set the worth of the Bucks at $2.3 billion, good for 15th in the league. The Suns were 13th at $2.7 billion.

Lasry and Wes Edens teamed to purchase the Bucks in 2014 from ex-U.S. Sen. Herb Kohl for $550 million. Edens is retaining his stake of the Bucks.

Haslam Sports Group already owns the Cleveland Browns, a club it bought for $1.05 billion in 2012, and Major League Soccer’s Columbus Crew, a team it purchased in 2019 for a reported $150 million.

The Haslam family made an earlier unsuccessful bid to buy the Minnesota Timberwolves.

Ex-Tennessee Gov. Bill Haslam, the brother of Jimmy Haslam, bought the Nashville Predators earlier this year.

Jimmy Haslam is the chairman of the board of the Pilot Flying J truck stop company.

–Field Level Media

NBA roundup: Damian Lillard erupts for 71 in Blazers’ win


Damian Lillard put on a memorable show and established career highs of 71 points and 13 3-pointers to lead the Portland Trail Blazers to a 131-114 victory over the visiting Houston Rockets on Sunday night.

The 71 points tie for eighth most in NBA history. Donovan Mitchell of the Cleveland Cavaliers also scored 71 earlier this season. Only Hall of Famers Wilt Chamberlain (five times, high of 100), Kobe Bryant (81) and David Thompson (73) have scored more points in an NBA game. Lillard scored 41 of his points before the break, the most first-half points by a player in franchise history.

Jerami Grant added 13 points and Nassir Little scored 11 for Portland, which connected on 54.5 percent of its field goal attempts and was 20 of 39 from 3-point range.

Alperen Sengun had 17 points and 10 rebounds and Jae’Sean Tate also scored 17 points for Houston, which has lost nine straight games and 29 of its last 33.

Lakers 111, Mavericks 108

Anthony Davis scored 30 points with 15 rebounds and LeBron James added 26 points as visiting Los Angeles won the battle of dynamic duos with a victory over Dallas.

The Mavericks had Luka Doncic and Kyrie Irving on the court together for the fourth time, but fell to 1-3 with the newly-formed partnership. Doncic scored 26 points with nine rebounds, while Irving had 21 points and 11 assists.

Dallas failed to protect a 27-point first-half lead while losing for the fourth time in its last five games. After the Mavericks pulled within 109-108 on a 3-pointer from Justin Holiday with 6.5 seconds remaining, the Lakers’ Dennis Schroder made two free throws for the final margin, with Irving missing a half-court shot at the buzzer.

Nuggets 134, Clippers 124 (OT)

Nikola Jokic had 40 points, 17 rebounds and 10 assists, Michael Porter Jr. had 29 points and 11 rebounds, and host Denver beat Los Angeles in overtime.

Jamal Murray scored 21 points and added 12 assists, Bruce Brown scored 13 points and Aaron Gordon added six in his return to the lineup after missing five games with a rib injury.

Kawhi Leonard scored 33 points to lead Los Angeles. Paul George added 23 points, Russell Westbrook 17, Nicolas Batum 12 and Bones Hyland 10 against his former team. Mason Plumlee grabbed 10 rebounds for the Clippers, who fell in overtime for the second time in three nights.

Bucks 104, Suns 101

Jrue Holiday scored 33 points, Brook Lopez recorded 22 points and 13 rebounds and Milwaukee rallied despite playing without Giannis Antetokounmpo, picking up its 14th consecutive win in a decision over visiting Phoenix.

Antetokounmpo was a scratch from the lineup, stemming from exiting Milwaukee’s win over the Miami Heat on Friday with a quad contusion. Despite playing without the 31.2 points-per-game scorer, the Bucks led Sunday’s rematch of the 2021 NBA Finals for the entirety of the second and third quarters — but never by more than 11 points.

Devin Booker led the Suns with 24 points. Deandre Ayton scored the last of his 22 points on a layup with 5:47 remaining, giving the Suns their biggest lead. Ayton also grabbed a team-high 11 rebounds and blocked three shots.

Bulls 102, Wizards 82

DeMar DeRozan scored 11 of his game-high 29 points in the fourth quarter and Zach LaVine added 27 points to help host Chicago defeat Washington for its second straight victory.

Coby White scored 17 points for the Bulls, who led by as many as 21 points. Nikola Vucevic added 16 points and 13 rebounds for his 39th double-double of the season, third most in the NBA.

Bradley Beal had 18 points, eight assists and seven rebounds for Washington. Daniel Gafford had a double-double of 15 points and 11 rebounds, while Delon Wright (14 points) and Kyle Kuzma (10) also scored in double figures. Washington has lost two straight, as its lead over Chicago for the final spot in the Eastern Conference play-in tournament shrank to a half-game.

Hawks 129, Nets 127

Trae Young scored 34 points and sank the game-winner at the buzzer to lift Atlanta to a win over visiting Brooklyn for its second straight win.

Young, who also had eight assists, was one of three Hawks with 20-plus points, joining Dejounte Murray with 28 and Bogdan Bogdanovic with 22.

Cam Johnson led Brooklyn with 27 points. Mikal Bridges scored 24, Cam Thomas had 22 and Spencer Dinwiddie added 20 points and eight assists. The Nets have lost two straight and four of their last five games.

Cavaliers 118, Raptors 93

Donovan Mitchell scored 22 of his 35 points in the first half, and host Cleveland defeated Toronto for the first time in four games this season.

Mitchell shot 13-for-21 from the field, including 8-for-12 from 3-point range. Jarrett Allen added 23 points and 11 rebounds as the Cavaliers ended their three-game losing streak. Darius Garland added 18 points and 11 assists.

Pascal Siakam scored 25 points for the Raptors, who had their four-game winning streak, a season high, come to an end. Jakob Poeltl added 13 points and nine rebounds for the Raptors, who were coming off a win over the host Detroit Pistons on Saturday.

Kings 124, Thunder 115

De’Aaron Fox scored 33 points and Keegan Murray added 20 as visiting Sacramento led wire-to-wire in a win over Oklahoma City.

Trey Lyles scored 16 points and Domantas Sabonis tallied 14 points, 15 rebounds and eight assists for Sacramento, which moved a season-best 10 games over .500 with its third straight win. Malik Monk scored 12 points and Harrison Barnes chipped in nine points and eight rebounds.

Isaiah Joe scored 24 points to lead Oklahoma City, while Luguentz Dort and Josh Giddey had 18 apiece. Jalen Williams added 15, and Lindy Waters III scored a season-high 12.

Warriors 109, Timberwolves 104

Donte DiVincenzo broke a late tie with a 3-pointer, Klay Thompson saved eight of his team-high 32 points for the final 6:11 and Golden State came on strong at the end to catch and pass Minnesota en route to a victory in San Francisco.

Thompson, who had 42 points and 12 3-pointers Friday against the Houston Rockets, shot 6-for-14 on threes this time en route to his ninth 30-point outing of the season. DiVincenzo chipped in with 21 points, including four 3-pointers on a night where the Warriors went 15-for-42 from beyond the arc. He also had eight rebounds and team highs in assists with five and steals with four.

Naz Reid, getting the start at center in the absence of Rudy Gobert and Karl-Anthony Towns, exploded for a career-best 30 points for the Timberwolves. Reid also found time for a team-high-tying nine rebounds, a game-high five steals and two blocks.

–Field Level Media

Nikola Jokic’s triple-double pushes Nuggets past Clippers in OT


Nikola Jokic had 40 points, 17 rebounds and 10 assists, Michael Porter Jr. had 29 points and 11 rebounds, and the host Denver Nuggets beat the Los Angeles Clippers 134-124 in overtime on Sunday night.

Jamal Murray scored 21 points and added 12 assists, Bruce Brown scored 13 points and Aaron Gordon added six in his return to the lineup after missing five games with a rib injury.

Kawhi Leonard scored 33 points to lead Los Angeles. Paul George added 23 points, Russell Westbrook 17, Nicolas Batum 12 and Bones Hyland 10 against his former team. Mason Plumlee grabbed 10 rebounds for the Clippers, who fell in overtime for the second time in three nights.

Jokic split two free throws to open overtime and Murray and Porter hit 3-pointers amid a miss and turnover by George on consecutive Clippers possessions to give Denver a 127-120 lead.

Marcus Morris Sr. missed a 3-pointer and Jokic put back his own miss, and then his floater in the lane gave the Nuggets a 132-122 lead with 1:48 left. Jokic had a steal and fed Brown for an alley-oop to complete his 23rd triple-double of the season.

Denver led by 18 in the first quarter, but the Clippers rallied to get within six late in the second quarter, and the Nuggets led 66-58 at the half.

Los Angeles pulled within four early in the third, but Denver scored 10 straight points to lead 80-66. Another surge by the Clippers made it 85-80 late in the quarter. The Nuggets recovered to lead by nine heading into the fourth.

Denver went ahead 105-98 but Los Angeles went on an 11-2 run to take a 109-107 lead with 4:17 left. Jokic converted a three-point play and Leonard made two free throws as the Clippers stayed up by two points. Leonard scored four more points for Los Angeles and Jokic scored six straight for Denver to tie the game at 117.

Plumlee split a pair of free throws and Porter hit a 3-pointer to put the Nuggets in front 120-118 with 27.2 seconds left. George hit two free throws with 23 seconds left to send it to overtime.

–Field Level Media

MLB News: Padres OF Fernando Tatis Jr. set for first game since 2021


Fernando Tatis Jr. will be in the San Diego Padres’ lineup on Tuesday and play in his first game since 2021.

Manager Bob Melvin confirmed Monday that Tatis was set for his spring debut in Scottsdale, Ariz., against the San Francisco Giants, his first time in uniform since the end of the 2021 season.

Tatis missed the 2022 season and is being eased into the lineup following surgeries to his left wrist and shoulder. Tatis isn’t available to play for the Padres until he completes a suspension for performance-enhancing drugs. His first eligible date to return from the ban is April 20.

“I’m ready, I’m definitely ready,” Tatis said.

Melvin said he wants Tatis to “just play” and not worry about details beyond his natural instincts during spring games.

“What we’re trying to do is take him through all the possible scenarios that he might see in a game and let him know: ‘How does that feel?’ Then, once he gets in a game, it’s going to be pretty instinctual for him,” Melvin said.

Tatis turned 24 in January. Primarily a shortstop in 2021, Tatis was third in National League MVP voting and hit .282 with 42 home runs and 97 RBIs. He was fourth with a .975 OPS, but a lot has changed while he was healing from injury and serving a suspension.

The Padres signed Xander Bogaerts (11 years, $280M) to play shortstop in the offseason and the lineup also includes 2022 trade deadline acquisition Juan Soto, who was second in 2021 MVP voting and runner-up to Bryce Harper.

Tatis could bat leadoff or anywhere “1 through 4,” according to Melvin. To begin spring, he’s being used mostly in the outfield.

“I miss the game so much,” Tatis said. “Like I mentioned, I haven’t been on the field for a very long time. I just want to be out there with the boys, inside that lineup.”

–Field Level Media

Celebrity Serena Williams Honored with Jackie Robinson Sports Prize at NAACP Image Awards

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Serena Williams and Alexis Ohanian attend premiere HBO documentary Being Serena at Time Warner Center. Shutterstock/Lev Radin

Celebrity Serena Williams was honored on Saturday for her contributions to the world of sports and community service. The retired women’s tennis megastar Williams won the Jackie Robinson Sports Prize at the 2023 National Association for the Advancement of Colored People (NAACP) Image Awards. The award was given by actress Kerry Washington in recognition of her outstanding athletic accomplishments and services to the global Black community.

Serena revolutionized women’s tennis with her authoritative style of play and won 23 Grand Slam singles titles, more than any other player had won in the open era.

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Serena was chosen for the award by the NAACP in recognition of her accomplishments in tennis, business, charity, and fashion. The Pasadena Civic Auditorium erupted in raucous applause as the 41-year-old entered the stage wearing a velvet gown to receive her award.

In her speech, she thanked the NAACP, an institution that continues to accelerate change in areas such as healthcare, sports, the economy, education, and much more. She also thanked the Image Awards and the Hollywood Bureau for honoring her with the Jackie Robinson Award. The businesswoman discussed the concerted efforts made by the Black-focused group to elevate Black athletes as change-makers.

 
 
 
 
 
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A post shared by Serena Williams (@serenawilliams)

Derrick Johnson, the president and chief executive officer of the NAACP, spoke about honoring the well-known player before the event.

The celebrity athlete is the epitome of Black success, according to Johnson. She has raised the standard for athletes everywhere, whether it be with her record-breaking victories on the tennis court, her business savvy, or her charitable endeavors. He said they were happy to present the Jackie Robinson Sports Medal this year to her as a mark of honor.

 

In 1995, Serena turned official and started playing tennis. She was immediately recognized as a rising talent. Serena demonstrated her abilities on the court by winning her first Grand Slam in doubles in 1999. A Grand Slam in tennis occurs when a player captures all four major championships in the same calendar year. This encompasses the U.S. Open, Wimbledon, the French Open, and the Australian Open.

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The celebrity athlete has always had a deep love for clothing. She debuted her own clothing brand, S, in 2018. In 2019, she launched a jewelry collection. Serena also backs businesses that place a premium on varied leadership. She carries this out through Serena Ventures, her venture capital company.

Celebrity News Update— Premier Jewelry designer and manufacturer fashion house  ParisJewelry.com  has started manufacturing a new custom line of celebrity jewelry designs with 30% Off and Free Shipping. Replenish Your Body- Refilter Your Health with  OrganicGreek.com  Vitamin Bottles, Vitamins and Herbs. Become a  WebFans  Creator and Influencer.

WTA Serena Williams smashing victory again at Canadian Open

Navitas Semiconductor Reports Q4 Results, Shares Up 6 percent

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Navitas Semiconductor Corporation (NASDAQ:NVTS) shares surged more than 6% on Friday after the company reported its Q4 results, with EPS of ($0.04) coming in better than the Street estimate of ($0.07). Revenue was $12.35 million, compared to the Street estimate of $13.06 million.
The company issued a slightly lower Q1 guide on the back of continued weakness in China handsets. The company continues to expect its handset-related business to bottom in Q1/23 (a combination of seasonality and macro headwinds), with a mobile rebound expected to begin in Q2/23 and incrementally grow throughout the year. However, more importantly, the company revealed its end market splits and demonstrated how far the business has come in diversifying its growth vectors away from solely mobile/consumer (with a focus on appliance/industrial, solar/storage, and EV).

What to Expect From Target’s Upcoming Q4 Earnings Report?

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RBC Capital analysts provided their outlook on Target Corporation (NYSE:TGT) ahead of the upcoming Q4 earnings, scheduled to be announced on Tuesday.
The analysts expect comp sales to be down 2% and adjusted EPS of $1.41 (both approximately in-line with the Street estimates).
Given lingering inventory headwinds and an uncertain macro backdrop, the analysts think a conservative guide is best for shares over the next 12 months as it somewhat de-risks the margin recovery story (modeling $8.61 vs. Street estimate of $9.23 for fiscal 2023).
The analysts point out that the shares have outperformed the market by approximately 5% since reporting Q3, despite mixed macro signals. The analysts believe the risk to reward skews negatively into the print but they would be buyers in the event of a conservative guide/sell-off.

PGA News: Chris Kirk claims Honda Classic title in playoff

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Chris Kirk made a long-awaited and emotional return to the winner’s circle by beating Eric Cole in a playoff at the Honda Classic on Sunday at PGA National Resort in Palm Beach Gardens, Fla.

After Kirk bogeyed the par-5 18th hole to necessitate the playoff, he and Cole returned to play the hole again. This time, Kirk stuck his third shot to 16 inches for what proved to be the winning birdie tap.

Kirk entered the day with a two-stroke lead and shot a 1-under 69, while Cole, playing with him in the final group, caught him with a 3-under 67. At 14-under 266, the duo finished two better than third-place Tyler Duncan, who shot a final-round 66.

Kirk, 37, won for the fifth time on the PGA Tour and the first time since taking a break from the tour to treat alcoholism and depression in 2019. His most recent win was at The Colonial in 2015.

“I just have so much to be thankful for,” Kirk said on the NBC broadcast. “I’m so grateful for my sobriety. I’m so grateful for my family. I’m so grateful for everyone that supported me throughout the past three or four years, especially.”

Kirk arrived at his 72nd hole with a one-shot advantage over Cole. He took aim at the green on his second shot, but it bounced off a decorative brick on the edge of the green complex and caromed right, landing in the water.

Kirk had to take a drop, opening the door for Cole to potentially win with a birdie. But after overshooting the green on his second shot, his third shot rolled past the hole and did not stay on the green.

Cole went on to save par, and Kirk missed his par putt, leading to the playoff.

Kirk’s drive found the rough, forcing him to lay up on his second shot. Cole’s second shot landed in a bunker behind the green, and Kirk’s third wowed the crowd as it threatened to spin into the cup.

“When I missed the fairway on 18, I would have liked to have piped one down the middle, but I almost liked my chances better with a wedge into that pin than some of those shots from left or — everybody saw how difficult Eric’s bunker shot was, and he hit a great second shot,” Kirk said.

“I liked the position I was in there, and then to be able to hit that great of a wedge shot under those circumstances felt amazing.”

Cole had a longer birdie putt that could have forced a second playoff hole, and it lipped out.

“I played three really good days of good ball-striking and then today, especially on the front nine,” Cole said. “My ball-striking wasn’t where it needed to be. I felt like I hung pretty tough, and I was really proud of that. I played as hard as I could.”

Cole had a run of three birdies at Nos. 3-5 to tie Kirk at 14 under. The putt at the par-3 fifth was a triple-breaker of nearly 70 feet.

But Cole, ranked 330th in the world and seeking his first win on tour, found the water on the ensuing hole and saved bogey from 20 feet away to drop back a shot. Kirk made a 34 1/2-foot birdie putt at No. 8 for a two-shot lead.

At the par-4 13th, Kirk was leading by one but bogeyed the hole while Cole made a 7-foot birdie for a two-shot swing that gave Cole his first outright lead of the day. Cole gave it back at the par-3 15th, where he failed to get out of a greenside bunker on his second shot and wound up making bogey.

Ryan Gerard, who made only his second PGA Tour start, shot a final-round 67 to finish fourth at 10 under.

Five players tied for fifth at 9 under, including defending champion Sepp Straka of Austria, who wrapped the weekend with a 68. Joining him were Ben Martin (68), Justin Suh (71), Irishman Shane Lowry (70) and England’s Ben Taylor (70).

–Field Level Media

Warner Bros. Discovery Misses Q4 EPS and Revenues

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Warner Bros. Discovery (NASDAQ:WBD) reported its Q4 results on Thursday, with EPS coming in at ($0.86), worse than the Street estimate of ($0.29). Revenue was $11.01 billion (down 11.3% year-over-year), missing the Street estimate of $11.23 billion, on lower Studios content and Networks advertising revenue.
Adjusted EBITDA was down 5% year-over-year to $2.60 billion, 1.3% above the Street estimates and reflected meaningfully lower DTC losses somewhat offset by lower contributions at Studios and higher corporate costs.
Notably, DTC losses were significantly narrower than expected in the quarter and management is eyeing roughly break-even in Q1/23 ahead of the upcoming domestic launch of the re-imagined streaming service (unveiling slated for April 12th). Cyclical and secular challenges across the linear ad market are weighing on results and sentiment, though it is expected that some of this pressure will abate throughout the year.