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      <title>The bettor isn&apos;t the licensee. That&apos;s why the review is of FanDuel.</title>
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      <description>Massachusetts puts the proxy-betting duty on the operator, and that placement decides who is actually exposed here.</description>
      <pubDate>Fri, 04 Sep 2026 12:00:00 GMT</pubDate>
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      <title>The Clippers didn&apos;t overpay Kawhi. They routed around the cap.</title>
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      <description>Four endorsement deals with companies doing business with the team, and a set of penalties that price the conduct rather than punish the contract.</description>
      <pubDate>Fri, 04 Sep 2026 12:00:00 GMT</pubDate>
      <category>Labor &amp; CBA</category>
      <category>NBA</category>
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      <title>Five of Miami&apos;s top six salaries aren&apos;t on the team.</title>
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      <description>The Dolphins are carrying an all-time record $182.29 million in dead cap. It was built on purpose.</description>
      <pubDate>Fri, 04 Sep 2026 12:00:00 GMT</pubDate>
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      <category>NFL</category>
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      <title>LSU&apos;s roster costs twice the cap. Both numbers are real.</title>
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      <description>The House settlement created an enforceable cap and an unlimited second track running beside it.</description>
      <pubDate>Fri, 04 Sep 2026 12:00:00 GMT</pubDate>
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      <title>&quot;Does not set a precedent&quot; is a drafting choice, not a disclaimer.</title>
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      <description>The PGA Tour wrote itself room to treat the next returning member differently. Whether it uses that room is still untested.</description>
      <pubDate>Fri, 04 Sep 2026 12:00:00 GMT</pubDate>
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      <title>The Browns aren&apos;t stuck with Watson. They&apos;re stuck with the restructure.</title>
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      <description>A cap-relief tool became the mechanism keeping Cleveland locked in.</description>
      <pubDate>Fri, 04 Sep 2026 12:00:00 GMT</pubDate>
      <category>Contract</category>
      <category>NFL</category>
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      <title>The Lakers price isn&apos;t the story. The fund structure is.</title>
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      <description>Permanent capital rarely makes sense in venture. League governance is why it works here.</description>
      <pubDate>Fri, 04 Sep 2026 12:00:00 GMT</pubDate>
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