For the richest people in the world, a sports team is the ultimate trophy — and one that comes with some appealing tax advantages. Now, those writedowns are at risk from President Donald Trump.

Gilbert characterized the organization winning an NBA title in 2016 “a beautiful moment” he will never forget. Cleveland ...

Gilbert Arenas agrees with that. The former NBA player joked that he's coming for LaVar Ball's "MVD trophy" — most valuable dad, that is — over a tweet about Arenas' younger son, Aloni.