How to trade in the NBA and the NBA draft
Aussie stockbrokers are betting that the NBA will be a huge seller for them this summer and that it will help to propel the league to new heights.
The value of NBA stocks rose this week on the news that the league will make trades in the coming weeks.
The Australian Stock Exchange (ASX) reported that the value of the NBA in July was up by $4.9 billion to $7.4 billion.
The big winners of the latest move are the big league owners who will have the chance to get rich on a player who is going to be a big hit at the draft.
The biggest winners of this move will be the owners of the most valuable NBA franchises.
The NBA will make big bets on players with the potential to be NBA superstars.
The Sydney Morning Herald reported that one of the top NBA picks is projected to be UCLA point guard Lonzo Ball.
Ball is considered the most exciting player in the draft and the second pick overall, with ESPN The Magazine predicting he will be picked before the Lakers and the Boston Celtics.
Ball, the former UCLA point guards, is the most popular prospect on the planet and the best player in this year’s draft.
He is considered a big part of UCLA’s future and he will likely be the best point guard in the lottery.
He averaged 18 points and 10 rebounds for the Bruins this season.
He is a three-point shooter who can also play the role of a wing defender.
Ball averaged 16 points and 9 rebounds in 19 games for the California Golden Bears.
The draft will be held on July 11, the day before the NBA season starts.
The Sixers will be hoping to pick at least one of their three players in the first round, with the Lakers also hopeful of picking in the top five.
The Kings will have their pick in the second round, while the Sixers have been looking for at least two more players to go.
The Pelicans have been in talks with the Celtics about Ball.
Ball is expected to be picked in the fourth round.
The Lakers are expected to have the most money at the position with Ball and the Pelicans likely to pick around the fourth pick.
The NBA season ends on December 31.