At some point, we have to consider whether the NBA torch is being passed before our eyes to a new generation, and what better point than now.
Phoenix Suns guard Chris Paul and Devin Booker were among the NBA players who were present on Tuesday to watch future NBA top picks in Victor Wembanyama and Scoot Henderson play in a preseason game in Henderson, Nevada. On Wednesday, the Lakers and the Suns play at T-Mobile Arena. However, Paul and Booker elected to catch the high-profile match before their second preseason game.
In sunnier days, captains of industry rushed to put their fortunes into sports franchises. Part of the motivation was the chance to join an exclusive club and score a trophy asset. Now that stock markets are falling and interest rates are climbing, potential buyers are likely to be more wary of risk.