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Former US President Barack Obama has bought a stake in the NBA's Africa business through his foundation, the NBA said Tuesday. Obama will have a minority equity stake in NBA Africa, a new entity set up this year to run all the league's business on the continent. The NBA said Obama would use any profits to fund the Obama Foundation's youth and leadership programs in Africa. Obama has been linked to the NBA's Africa operations since 2019, although it wasn't clear until Tuesday exactly what his involvement would be. NBA Africa and world body FIBA combined to set up the first pro basketball league in Africa. The Basketball Africa League held its inaugural season in May after being delayed for a year by the coronavirus pandemic. It featured the top teams from 12 African countries.
Kevin Durant, a two-time Olympic gold medallist will lead the 12-member U.S. Men's Basketball Team at the Olympic Games in Tokyo starting from July 23.The U.S. roster features the return of Olympic gold medalists Durant, Green, and Love. Durant and Green were members of the 2016 U.S. Olympic gold medalist squad and Durant and Love were 2012 Olympic gold medalists. Durant and Love were also part of the 2010 USA team that went 9-0 and captured the FIBA World Cup title, and Middleton and Tatum were members of the 2019 USA World Cup Team.With his selection to the U.S. Olympic Team, Durant becomes just the fourth United States male basketball player selected to three or more Olympic teams. Carmelo Anthony (2004, 2008, 2012, 2016) has represented and medaled for a USA men's record four Olympics, while LeBron James (2004, 2008, 2012) and David Robinson (1988, 1992, 1996) each have three Olympic medals in as many appearances.The average age of the 12 U.S. players at the conclusion of the ...