Adam Silver breaks his silence on Giannis’ investment in Kalsha

ByNBAUSA



Giannis Antetokounmpo He has been the talk of the NBA for the past few weeks, as there was a chance he could be traded. When the report came out that he was staying put, Antetokounmpo rejoiced on social mediainsinuating that he does not want to be traded. after that, Antetokounmpo shares with the world that he invested in Kalshi, a site that allows people to buy and trade predictions.

That made people raise an eyebrow, especially since the NBA cracked down on players who bet.

During All-Star weekend, NBA Commissioner Adam Silver spoke about Antetokounmpo weighed in on Kalshi and basically said it wasn’t a big deal.

“As far as I know, it’s a small investment, much less than 1%,” Silver said. “It doesn’t violate the rules that have been collectively negotiated with the players’ association. Obviously, it’s an issue that I’m paying a lot of attention to. It’s evolving rapidly. Right now, we look at prediction markets basically the same way we look at sports betting.”

If Silver and the NBA view the prediction markets the same way, then there should be cause for concern that Antetokounmpo invested in Kalshi, regardless of how much he has invested in the company.

Although Kalshi is not considered a betting site, as more people start using it, it can turn into something bigger than expected. With a name like Antetokounmpo signing it, there’s no doubt that sports fans will start using the platform, and that’s all it takes for it to explode.

This might be a good time for the NBA to step in, but so far it doesn’t look like they’re planning to do anything. That might just lead to other players investing in the company, and then you’ll have a bigger problem on your hands.





2026-02-15 20:54:00

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