In need of three-point shooting, the Lakers lost the league’s best sharpshooter on the first day of free agency.
Guard Luke Kennard has agreed to a two-year, $13-million deal with the Phoenix Suns, The Times confirmed Tuesday.
Kennard was an unrestricted free agent after he was traded to the Lakers last February from the Atlanta Hawks. His arrival coincided with a dramatic offensive uptick for the Lakers, who went from 34.9% shooting from three in games before Kennard and 37.7% in games after. Kennard was on a one-year, $11-million contract last season, his ninth year in the NBA.
The former Duke star averaged nine points, 2.6 rebounds and 2.4 assists for the Lakers while shooting 44.8% from three-point range. He showed his influence beyond just shooting when he took on more ballhandling duties late in the season to fill in during injuries to Luka Doncic and Austin Reaves. In a starting role during the last six games of the regular season, Kennard averaged 6.4 assists.
The Lakers already lost LeBron James on the first day of free agency after the 22-time All-Star informed the team he intended to sign somewhere else for his NBA-record 24th season. Kennard could have provided a critical floor-spacing piece around Doncic, who thrives when surrounded by lob-catching centers, athletic wings and knockdown shooters.
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McDonald’s (MCD) shares were trading around $268 a share in Friday midafternoon trading, up some 1.4% intraday, but the daily chart still shows a stock under pressure after sliding toward two-year lows.
MCD has been making lower highs since its
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FinVolution Group (FINV) has announced a new share repurchase program, effective from May 30, 2026, that allows the company to buy back up to $150 million in shares, including American Depositary Shares (ADSs), from May 30, 2026, to May 29, 2028.
Athletic Club have appointed German boss Edin Terzic as their new head coach.
The former Borussia Dortmund coach has agreed a two-year contract and is scheduled to be presented by the Bilbao-based club at the start of next season.
The 43-year-old will replace Ernesto Valverde, who said in March that he would leave Athletic Club this summer after four years in charge.
Andoni Iraola had been linked with a return to his former club after saying he will leave his role as Bournemouth manager this summer.
Terzic has had two spells in charge of Dortmund, winning the German Cup in 2021, narrowly missing out on the Bundesliga title in 2023 and reaching the Champions League final in 2024.
He asked to leave Dortmund shortly after losing 2-0 to Real Madrid at Wembley and was yet to resume his managerial career.
Terzic had previously been Slaven Bilic’s assistant at Turkish club Besiktas and Premier League side West Ham.
Athletic Club are currently eighth in Spain’s La Liga table with four games of the season left.