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Adams

Sources – Rockets’ Adams agrees to 3-year, $39M extension

by admin June 15, 2025

Houston Rockets center Steven Adams has agreed to a three-year, $39 million contract extension to stay with the franchise, sources told ESPN on Saturday.

Rockets officials and Adams’ agents at Wasserman negotiated the new, fully guaranteed contract through 2028, sources said.

Adams, who turns 32 next month, was slated to become an unrestricted free agent this summer. He was a significant priority for the Rockets after playing a key rotation and leadership role in Houston’s first playoff run since 2020. Adams expressed a desire to stay with the Rockets long term, and Houston’s front office matched the enthusiasm to reach an agreement Saturday.

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The deal takes one of the top centers off the free agency market.

Adams had until June 30 to sign an extension with the Rockets. Houston now has until June 29 to make a decision on guard Fred VanVleet’s $44.9 million team option, and there is mutual interest on a reunion, sources said.

After missing all of 2023-24 due to knee surgery, Adams appeared in 58 games this season and averaged 22.1 minutes per game in the playoffs. He was a crucial part of the zone defense that flummoxed the Warriors at times in their first-round series; the Rockets were plus-44 with Adams on the court against Golden State and minus-44 with him off.

A veteran of 11 NBA seasons, Adams is a prolific offensive rebounder who led the NBA in offensive rebounding percentage and helped the Rockets become the top team on the offensive glass this season.

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June 15, 2025 0 comments

Esports

Davante Adams embracing new life with Rams – Feel ‘rejuvenated’

by admin June 11, 2025

Sarah BarshopJun 10, 2025, 06:12 PM ET
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LOS ANGELES — Davante Adams has only been in Los Angeles for one offseason, but the new Rams wide receiver said he feels “rejuvenated” compared to his last few NFL seasons.

Adams, who was traded from the Las Vegas Raiders to the New York Jets last season, said signing with the Rams was “exactly what I needed.” Adams signed a two-year deal with the Rams after he was released by the Jets in March.

“I feel like this is what I needed just based off the vibe and the aura of the building,” Adams said. “And everybody’s in a good mood. It’s not like a dark cloud over the building. And I’ve experienced that quite a bit over the last few years. So it’s a glaring difference when you come into a building like this.”

Adams compared the atmosphere in the Rams’ facility to a “college-type camaraderie,” pointing out the crossover he has noticed between position groups. The receiver said he felt like it took him more time to “get integrated into the Jets team than it was getting here,” although he noted that part of that was due to the fact that he was traded during the season.

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When asked what about his experience with the Rams allowed him to feel that rejuvenation, he said: “It’s just about ball. It’s no other BS.

“And [they’ve] got a really good quarterback in here,” Adams said. “Got a really good young team that shows a lot of promise and was obviously really close to being able to have a chance at the whole thing last year. So just knowing how hungry this team is and seeing the work that they’re still putting in after having a year last year just kind of confirms that I’m in the right place.”

In 11 games last with the Jets, Adams had 67 catches, 854 yards and 7 touchdowns. Including his three games in Las Vegas, Adams topped 1,000 yards for the fifth season in a row. Adams joins a revamped Rams receivers room after Los Angeles released Cooper Kupp in March.

Earlier this offseason, Adams said he was heavily recruited by McVay, including texting Adams highlight tapes of his film that the head coach had narrated. Adams said he’s enjoyed getting to know McVay and seeing his process on the practice field.

“You can see why he’s had so much success and why everybody kind of looks at him and looks to him the way that they do in this building,” Adams said. “And before I even got a chance to really get together with a lot of these guys, I’d heard some of the feelings and sentiments from different players about him and I don’t think I’ve ever seen any uniformity toward any individual ever in the past before that.

“And getting to know him now, it just kind of backs it up football-wise and him as a person. So when your leader is that way and it makes it easy to come to work, it just makes the whole thing a lot more fun.”

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June 11, 2025 0 comments

NFT Gaming

NYC Comptroller Slams Mayor Eric Adams’ Bitcoin Bond Plan as ‘Fiscally Irresponsible’

by admin June 2, 2025

New York City’s Comptroller has dismissed a plan by Mayor Eric Adams to back municipal bonds with bitcoin

, calling it “legally dubious and fiscally irresponsible.”

Comptroller Brad Lander, who co-manages the city’s debt issuance, rejected the proposal just days after Adams pitched the so-called “BitBond” to a crowd at a bitcoin conference in Las Vegas.

“Cryptocurrencies are not sufficiently stable to finance our city’s infrastructure, affordable housing, or schools,” Lander said in a press release. He added that such a move could shake investor confidence and run afoul of federal tax law.

The idea is part of Adams’ broader push to position New York as a global crypto hub. Since taking office, he has converted paychecks into crypto and launched a digital asset advisory council.

But Lander pushed back against the bond, which could use some of the proceeds to buy BTC. He argued that the city’s borrowing system is grounded in the U.S. dollar, and any deviation would require mechanisms that the city doesn’t have, like converting bitcoin into cash for public spending.

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June 2, 2025 0 comments

Crypto Trends

NYC’s ‘Bitcoin Mayor’ Eric Adams Reveals Plans to Boost ‘Demonized’ Crypto Industry

by admin May 20, 2025

In brief

Eric Adams announced a new digital assets advisory council for New York City.
Council chair and key policy recommendations will come in a few weeks.
The city will explore using blockchain and crypto for birth certificates, death records, and payment of city services.

In opening remarks at the inaugural NYC Crypto Summit, mayor Eric Adams announced the development of a digital assets advisory council designed to help bring jobs and investment to New York City, as it aims to cement itself as the world’s “crypto capital.”

Adams, who famously received his first three paychecks in Bitcoin and Ethereum back in 2022, addressed a standing-room-only crowd of crypto enthusiasts and investors whom he turned to for ideas on how to propel New York forward.

“My goal remains the same as it was day-one as mayor: making New York City the crypto capital of the globe,” said Adams. “We will be creating a digital asset advisory council to bring big fintech jobs and investment right here to the Big Apple.”

Further details about the council were not revealed, though Adams indicated that the chair of the council and key policy recommendations would be announced in a few weeks.

“This is not about chasing memes or trends,” said Adams. “We want to use the technology of tomorrow to better serve New Yorkers today.”

Few specifics were shared about the mayor’s plans for blockchain and crypto in New York, but both he and New York City CTO Matthew Fraser made note of the potential to use blockchain for tasks like tracking birth certificates and death records.

“We’re also looking at the power of blockchain and how it can be used to manage sensitive information, like our vital records,” said Adams. “Bringing blockchain security capabilities to the city means that birth certificates and death records can remain private, but accessible to New Yorkers and their next of kin.”

He added that they are also exploring whether city services and taxes could be paid via crypto.

“Imagine for those that have been locked out of the traditional banking system, being able to pay for government services using crypto,” said Fraser. “We’re not talking about innovation; we’re talking about survival. And if we don’t get in front of this and we don’t build a strategy that works, then we’re going to get left behind.”

The mayor, who likened himself to Captain Kirk in “Star Trek” due to his exploration of new boundaries, said he’s looking for his “Spock” and others who wish to join him. Adams reiterated multiple times that he is “committed to making crypto and blockchain part of New York City.”

At the conclusion of the opening remarks, individuals with crypto and fintech interests were left to discuss amongst themselves, sharing ideas and impediments with table facilitators who will bring the best to Adams to be formalized in a document.

Adams has previously shared his interest in cryptocurrency and blockchain, but the inaugural NYC Crypto Summit came following the re-election of President Donald Trump, who has made numerous crypto-related policy moves since returning to the White House. The mayor has cozied up to the president and his policies.

Adams will run for re-election as an independent instead of taking part in the Democratic primary, following a federal corruption investigation. Trump’s DOJ dismissed the charges against Adams in April.

On Tuesday, Adams reassured attendees that it’s a new day for the crypto industry.

“You were harassed, you were demonized, you were treated as though you were the enemy, instead of the believers,” he said. “But you withstood it. Your resiliency is admirable, and it will all pay off, because everyone is going to come around.”

Edited by Andrew Hayward

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May 20, 2025 0 comments