Cleveland Cavaliers owner Dan Gilbert attempted to buy Yahoo!, but his bid lost out to Verizon. Verizon paid $4.83 billion to acquire Yahoo!, which is well below the $44 billion that Microsoft offered in 2008 and the $125 billion that the company was worth during the dot.com boom, according to BBC.
This could mean that Yahoo! will eventually phase out. That is crucial for the future of NBA live streaming over the internet. Sure, it won’t affect NBA League Pass, but there are bigger implications.
Yahoo! Sports recently launched The Vertical, the website’s NBA division led by senior editor Adrian Wojnarowski.