NBA basketball never sleeps, even in August.
On Wednesday, news broke that the Los Angeles Lakers were sold for the second time in 14 months, this time for an American record of $12.5 billion. As if that wasn’t enough, former MVP and triple-double machine Russell Westbrook called it a career after 18 prolific seasons.
And for an encore, the league is set to unveil its full slate for the 2026-27 season this afternoon at 2 p.m. CT.
Bulls Bullets — August 13, 2026
Sacramento Kings guard Russell Westbrook dribbles around Chicago Bulls center Nick Richards. Mandatory Credit: Dennis Lee-Imagn Images How the Lakers’ sale affects several key roles remains unclear. Will former majority owner Jeanie Buss hold onto the governor role she had been promised under former owner Mark Walter across the next four seasons? New owner Bob Iger gave Khobi Price of the California Post a fairly ambiguous answer about how he’s going to handle the ex-owner of the league’s glamor franchise.“We have every intention to honor the agreement that was made between Mark and Jeanie,” Iger told Price. “If things change, they’ll change, but we’re going into this with enormous respect and appreciation for who she is and what she represents.”
Third-year Lakers head coach JJ Redick’s job appears to be safe, for now. But ESPN insider Ramona Shelburne floated an interesting future Hall of Fame name during an appearance Wednesday on “NBA Today.”Dave McMenamin: "JJ Redick got an extension after his rookie year as a head coach with the Lakers. My understanding is it aligns his contract with Rob Pelinka's…I think JJ Redick's probably in a really good spot here…but will have to see where all this goes"Ramona… pic.twitter.com/MhXDeumtbA
— Oh No He Didn't (@ohnohedidnt24) August 12, 2026“There’s a couple names you should pay attention to: Chris Paul, very close friend of Bob Iger’s. He’s sort of a mentor to Chris Paul. Chris recently retired,” Shelburne offered. “He’s available, incredible basketball mind. I don’t know what that means for him, but I expect they’ll be talking.”
Westbrook may not have been able to earn the kind of maximum salary offered to former Lakers teammate Austin Reaves this summer, but he was not without NBA interest in free agency. Sources inform ESPN’s Shams Charania that Our Chicago Bulls’ social media team paid tribute to Westbrook’s retirement, posting a photo of him next to his fellow MVP 2008 draftee.Salute on an iconic career ? @russwest44 pic.twitter.com/q3Td25OQV0
— Chicago Bulls (@chicagobulls) August 12, 2026 In another eccentric new NBA owner development, Portland Trail Blazers owner Tom Dundon apparently cleared another hurdle en route to keeping the club in town. Per Mike Vorkunov of The Athletic, Portland City Council voted to commit $120 million towards Moda Center renovations — contingent on the team agreeing to stay in town for at least the next 20 years. For now, the lease expires in 2030. Chicago alum-turned-disappointing Golden State Warriors general manager Mike Dunleavy Jr. continues to underwhelm fans in free agency. The Stein Line’s Marc Stein reports that Golden State remains interested in guard Brandon Williams and forward Georges Niang. Jake Fischer of Bleacher Report claims that former Bulls first-round washout Dalen Terry is being eyed for a potential training camp deal. None of these guys seem likely to help the Warriors avoid the playoffs.BULLS ON BLEACHER NATION: Go Ad Free | Subscribe to the BN Newsletter
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