Kawhi Leonard Reportedly to Sign With L.A. Clippers, Capping Off Wild 2019 Offseason

2019 NBA Finals MVP for the ESPN, The New York Times, and Yahoo! Sports. The reported deal has not been officially announced, but Leonards official fan page did post the Clippers logo. Before ultimately signing with the Clippers, Leonard, considered the top free agent of the 2019 offseason, had reportedly been in serious talks about canceled talks with him before they ever began. Leonards much-anticipated decision capped off a wild 2019 free-agency period that has been the subject of rampant speculation before the season even endedas several of the leagues best players contracts were up for negotiation and a complete reshuffling of the NBAs power was in order. The frantic offseason began when the New Orleans Pelicans, who selected Duke …

Kevin Durant’s Nets move changes everything except the Knicks’ incompetence

Within hours of NBA free-agency starting, the NBAs landscape changed. So its reassuring that the Knicks still have no idea how to run a basketball team in a sign-and-trade deal for Durant. This is a brutal look for the Knicks as much as its a win for the Nets. Brooklyn have focused on building slowly, methodically, around culture and young talent since the hasnt seen championship confetti since 1973 27 years before most of 2019s draftees were even born doesnt have the pulling power the fanbase and local outlets have been led to believe. There isnt enough time here to include unwilling to offer Durant a max contract given his injury status. Dolan didnt want to pay Durant a maximum …

Africa Roundup: Jumias post-IPO earnings, Gokadas $5.3M raise, Facebooks fake-news purge, Joe Montanas fintech investment

Jumia held its first post-IPO earnings call and weathered a short-sell assault in May, with Wall Street showing confidence in the Pan-African e-commerce company. On the numbers, key takeaways were that Jumia’s Gross Merchandise Value (GMV) — the total amount of goods sold over the period — grew by 58% to €240 million. Marketplace revenue grew 102% to €16 million, and gross profits as a percentage of GMV grew by 6.5% in Q1 2019. Overall, Jumia’s operating losses for the period widened to €45.4 million from €34.3, and negative EBITDA increased to €39.5 million from €30.2. So the startup’s still losing money — see the big losses reported in the IPO filing — but is improving its ability to earn. …