This post may only resonate deeply with those who are already working and have some life experience. The state-owned enterprise-backed CBA teams include: Beijing Ducks, Beijing Royal Fighters, Shanghai Sharks, Shandong Heroes, Qingdao Eagles, and Shanxi Loongs. Most are under local state-owned assets supervision commissions, state-owned cultural tourism groups, urban investment companies, or state-owned industry platforms. The biggest characteristic of such teams is that profit is not their performance target.

Today, the Philadelphia 76ers officially announced that free agent guard Pope has joined the team. Pope will wear the No. 1 jersey for the 76ers this season. Finally, the signing is done, while teammates on the other side are busy training. Today, Embiid posted his training photos, officially returning to the gym. James also reposted this post and captioned it: "Trust the Process.

On August 6, Beijing time, according to renowned reporter Shams, GSL Sports Group agent George S. Langberg told ESPN that Lonnie Walker IV has agreed to a one-year, $3.3 million contract with the Denver Nuggets. Walker last played in the NBA during the 2024-25 season, then played for Maccabi Tel Aviv in the EuroLeague, and is now set to begin his eighth NBA season.

Young players in today's league often seek massive contracts well above their market value, but 30-year-old Dillon Brooks has personally demonstrated the wisdom of knowing when to take a sure thing. Brooks agreed to a three-year, $73 million contract extension with the Suns today, averaging less than $25 million per year.

On August 6, Beijing time, according to renowned reporter Shams, Mike George of Klutch Sports told ESPN: Phoenix Suns forward Dillon Brooks has reached a three-year, $73 million extension with the Suns, keeping him under contract through the 2029‑30 season.

On August 6, Beijing time, according to reporter Danny Emerman, Stephen Curry, Draymond Green, and Steve Kerr are all aware that the Warriors are no longer a true championship contender. Their current priority is to "end their careers with dignity together." The Kalshi platform gives the Warriors only a 2% chance to win the 2027 NBA championship.

On August 6th Beijing time, the Los Angeles Lakers are about to start a new basketball era in California. LeBron James has left the team after eight years, and the squad is now fully handed over to Luka Doncic and Austin Reaves. In an interview with ESPN, Lakers owner Mark Walter faced the media directly, not shying away from outside attention. He confidently stated that the team will do everything in its power to strive for another championship since 2020.

On August 6, Beijing time, the Rockets officially announced that they had waived guard JD Davidson. This move freed up a roster spot for the Rockets and brought their salary cap below the luxury tax threshold. It was previously reported that Westbrook was interested in returning to the Rockets, but only on the condition of accepting a minimum salary.

On August 6, Beijing time, according to renowned reporter Sidery, Bronny James and Chris Mannion will compete for the final roster spot on the Lakers before the start of the new regular season. Earlier this summer, the Lakers re-signed Mannion to a two-way contract, but his versatile defensive performance could help him earn a place on the official roster.

On August 6, Beijing time, it has been a very busy summer for Mike Gansy, the President of Basketball Operations for the Philadelphia 76ers. Having arrived in Philadelphia just a few months ago, he subsequently completed a trade for Jaylen Brown and then brought in LeBron James, making a spectacular start in the City of Brotherly Love.