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#PlaybyPlay: #LeBron a Free Agent, Weekend Sees Knockout Phase of World Cup Begin and Mets GM on 'Indefinite Leave'

Stocks discussed: (NYSE: $NKE) (NasdaqGS: $ZBRA)

Play by Play - the latest sports headlines and sports stock news

 

Point Roberts, WA and Delta, BC - June 29, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in investor news and research issues today's edition of Play by Play covering what's new in sports headlines and recent news from publicly traded companies in the sector.

Play by Play - the latest sports headlines and sports stock news

LeBron a Free Agent, Weekend Sees Knockout Phase of World Cup Begin and Mets GM on 'Indefinite Leave'

Stocks discussed: (NYSE:MSG)

LeBron James will become an unrestricted free agent after declining to pick up the player option on the final year of his contract with the Cleveland Cavaliers, ESPN reports. The piece indicates that with James possibly leaving the Cavs, it could result in the creation of a "superteam" should he join the Los Angeles Laker, Houston Rockets or Philadelphia 76ers. Free agency begins on Sunday and players cannot sign a contract until July 6. James, however, is taking time off with his family and it remains to be seen when or if he will handle meetings in person.

James is currently on vacation with his family in Anguilla, and it is unclear whether he will return in time to take personal meetings with potential suitors this weekend or if he will allow his representatives, led by agents Rich Paul and Mark Termini of Klutch Sports, to run those meetings in his absence.

The final match of the Group Phase in the FIFA World Cup saw England losing their first game 1-0 to Belgium, who finished with three wins. Adnan Januzaj scored the lone goal and was named the Budweiser Man of the Match.

The Knockout Phase of the FIFA World Cup begins tomorrow, with Thursday being the final day of the Group Phase. The first round of matches on Saturday will include Uruguay vs. Portugal and France vs. Argentina, and on Sunday Spain vs. Russia and Croatia vs. Denmark.

The AP reports that New York Mets general manager Sandy Alderson announced he was stepping down due to the return of his cancer. The 70-year-old GM has been replaced by three of his assistants - John Ricco, J.P. Ricciardi and Omar Minaya - as the Mets nearing the bottom of the National League (32-46).

"We're well below our expectations, from ownership on down," chief operating officer Jeff Wilpon said. "Talk to the baseball department, talk to the scouting department, talk to the development department, coaches, the players - nobody expected to be in this position."

NIKE Releases 2018 Financial Results and Zebra Unveils Portfolio of Business-Class Location Services

Stocks discussed: (NYSE:NKE) (NasdaqGS:ZBRA)

NIKE, Inc. (NYSE:NKE) have released their financial results for the fourth quarter of 2018 and full year. With fourth quarter revenue increasing 13 percent to $9.8 billion USD, NIKE President and CEO Mark Parker commented on the company's performance:

"Our new innovation is winning with consumers, driving significant momentum in our international geographies and a return to growth in North America,"

Zebra Technologies Corporation (NasdaqGS:ZBRA) announced "the industry's most comprehensive portfolio of business-class location solutions for the manufacturing and transportation and logistics industries."

Zebra MotionWorks™ automatically senses the location of assets and inventory, helping improve employee safety, streamlining production lines, and delivering actionable insights to increase productivity and efficiency

Sam Mowers, Investorideas.com

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