Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top DC news?

Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Eniola Odetunde/Axios

With the NBA Finals over a week in the rearview, it's time to look toward an offseason likely to be fraught with chaos and uncertainty.

Where it stands: Most key dates and decisions have yet to be determined or set in stone.

  • Draft: The one relative certainty is that the NBA Draft will be Nov. 18.
  • Salary cap: It's expected to remain flat ($109.1 million), which means just four teams will have cap space to sign someone beyond the mid-level exception (Pistons, Hawks, Knicks, Hornets).
  • Season start: The NBA is targeting Jan. 18, but because they want as many in-person fans as possible, it's a moving target.
  • Season end: This obviously hinges on when it begins, but two driving factors are avoiding competition with the NFL and finishing at least most of the playoffs before the Olympics. In order to make that work, a condensed (~60 games) or altered schedule could be on the table.

Free agency: It's a relatively weak class, headlined by Fred VanVleet and a bevy of role players like Danilo Gallinari, Montrezl Harrell and Goran Dragić.

  • Yes, but: In reality, the biggest name to watch is two-time reigning MVP Giannis Antetokounmpo, who has to decide if he'll accept an extension to stay in Milwaukee or play out his contract and become a free agent next summer.
  • If he declines the extension, more than a few teams will begin reshuffling their rosters to best position themselves for the feeding frenzy next year.

Coaching carousel: The draft is less than a month away, and though the Pacers (Nate Bjorkgren) and Pelicans (Stan Van Gundy) filled coaching vacancies this week, two job openings still remain (Rockets, Thunder).

  • Rockets: Van Gundy's brother, Jeff, is a top candidate. He coached them from 2003 to 2007 and has spent the past decade calling games for ESPN.
  • Thunder: The laundry list of candidates includes Sydney Kings (NBL) coach Will Weaver, Sixers assistant Ime Udoka and Dayton coach Anthony Grant.

Trade talk: The weak free agent class should make for an active trade market. The transaction window hasn't opened yet, but here are names to look out for when it does.

  • Chris Paul is like a fantasy running back coming off a 30-point performance. If his turn-back-the-clock season can entice a buyer despite his bloated contract (two years, $85 million), the Thunder could cash in.
  • Jrue Holiday is a two-way star, but the Pelicans might be better off trading him and using the return haul to build around Zion Williamson and Brandon Ingram.
  • Victor Oladipo broke out in 2018, but a quad injury kept him on the shelf for most of the last two seasons. Could Indiana trade its franchise star yet again?

Go deeper

Dec 21, 2020 - Podcasts

Milwaukee Bucks owner: NBA teams will lose money this season

The NBA tips off tomorrow night, making it the first major U.S. sports league to play a second season amidst the pandemic. No bubble this time, but also not many in-person fans.

Axios Re:Cap talks with Milwaukee Bucks co-owner Marc Lasry on the business of basketball, how much he expects to lose this season and that massive new deal for two-time MVP Giannis Antetokounmpo.

18 mins ago - Health

Prior coronavirus infections may not protect well against Omicron

Illustration: Aïda Amer/Axios

New data from South Africa suggests the Omicron variant spreads more than twice as quickly as the Delta variant, and that immunity from prior infection doesn't appear to protect a person very well against Omicron variant.

Why it matters: The findings are extremely preliminary, and there are still many open questions about how well vaccines work against the variant. But these initial breadcrumbs of data are helping the world begin to understand what it's up against.

Bryan Walsh, author of Future
51 mins ago - Technology

AI could end foreign-language subtitles

Illustration: Shoshana Gordon/Axios

AI companies are developing methods to translate and synthesize voices in ads, movies and TV.

Why it matters: The advances in voice synthesis could help fix bad movie dubbing — and they come as international content is becoming increasingly important to studios and streaming platforms as part of the globalization of entertainment.