Sports Related Videospowered by AdSparcRead Next “We are very excited to be able to add a player of Derrick’s caliber and experience to the team,” newly named general manager Koby Altman said in a statement.“Derrick could have gone to a number of other teams, but his specific mindset, goals and total focus and commitment to winning are what resulted in him signing with the Cavaliers.”FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’Rose met with Altman and other Cavs officials on Monday, just three days after meeting with the Los Angeles Lakers.The oft-injured guard passed medical exams with Cavs doctors, Cleveland.com reported. Mike Tyson on McGregor’s chances against Mayweather: ‘He’s going to get killed’ LeBron James scores 31 points, Lakers beat Rockets Photo from @cavs Twitter.The Cleveland Cavaliers confirmed Tuesday that free agent point guard Derrick Rose, the 2011 NBA Most Valuable Player, had signed a one-year contract with the team.The deal was widely reported on Monday, with multiple media outlets saying Rose had agreed to the veteran minimum salary of $2.1 million.ADVERTISEMENT MOST READ Indian national gunned down in Camarines Sur Kawhi Leonard, Clippers rally to beat Pelicans Don’t miss out on the latest news and information. McGregor blasts Cerrone in 40 seconds in UFC return End of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legend View comments Filipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite 787 earthquakes recorded in 24 hours due to restive Taal Volcano OSG plea to revoke ABS-CBN franchise ‘a duplicitous move’ – Lacson ‘I’m out!’: PewDiePie releases last video before taking break from YouTube Marcosian mode: Duterte threatens to arrest water execs ‘one night’ “I have a single focus and purpose of wanting to play to win,” Rose said in a statement. “Being part of a roster and organization that shares that type of commitment and being able to play with the Cavaliers and compete for a championship is the only thing that matters for me.“I am very happy to be in Cleveland and look forward to getting to work.”Rose, 28, averaged 18 points, 3.8 rebounds and 4.4 assists on 47 percent shooting from the field in 64 games for the New York Knicks last season.He was acquired in a trade with the Chicago Bulls, but the 2016-17 season ended in another season-ending knee injury as Rose hit free agency for the first time.Rose could be paired with LeBron James as a potential replacement for rising star Kyrie Irving, who asked the Cavaliers to trade him during a recent meeting with team owner Dan Gilbert.ADVERTISEMENT LATEST STORIES
December 27, 2019
AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREBasketball roundup: Sierra Canyon, Birmingham set to face off in tournament quarterfinalsInterest in the IPO appears strong, according to analyst James DeStefano of Renaissance Capital, which tracks IPOs. “It’s coming at a pretty attractive valuation … people are attracted to growth,” DeStefano said. Vonage has added customers faster than any other VoIP service, thanks to a ubiquitous Internet advertising campaign. Its banner ads feature pictures of attractive women or the message that “No Nerds” are needed to install Vonage’s phone adapter, which routes calls over a broadband Internet connection. If the shares price at $17 each, the value of the entire company would be $2.6 billion. The company had 1.6 million subscribers on April 1, meaning the upper end of the IPO range values the company at about $1,600 per subscriber. It’s a high price considering it charges the bulk of its subscribers $25 a month for unlimited calling to the United States, Canada and parts of Europe. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! NEW YORK – Vonage, the company that popularized the idea of using broadband Internet connections for phone calls, is set to go public this week at a price that appears to be drawing in plenty of investors, but skeptical glances from some analysts. As a small but well-funded company, Vonage Holdings Corp. has set the pace in the market for voice over Internet Protocol, or VoIP, but its future is far from assured now that the giants of the telecommunications industry, in particular the cable companies, have started getting serious about the business. The Holmdel, N.J., company is expected to sell 31.25 million shares in its initial public offering, with trading to start Wednesday on the New York Stock Exchange under the symbol “VG.” The company expects to get $16 to $18 per share, an estimate it reaffirmed in a regulatory filing Monday. The actual IPO price is expected to be set tonight, and could still fall outside the estimated range depending on demand.