Kobe gives wife ring Worth $4million shortly after admitting adultery

Just days after admitting to millions of people that he cheated on his wife, Kobe Bryant has reportedly spent millions on a gift for her.

The Lakers star called what he did adultery. You can call what he bought his wife, Vanessa, whatever you want: damage control or sincere apology attempt.

According to the New York Post, People Magazine will be on the newsstands Friday with a report that Kobe has purchased a $4 million eight-carat, purple diamond ring for his wife.

“They looked very happy together,” Raffi, the man who made the ring, told People after the couple picked it up Monday at an exclusive jewelry boutique in Santa Monica, Calif. Raffi also made the couple’s wedding rings two years ago, according to People. The new bauble was specially commissioned two weeks ago.Bryant was charged Friday with a single count of felony
sexual assault against a 19-year-old woman at an exclusive spa
where he was staying when he came to Colorado for knee surgery. If
convicted, he faces four years to life in prison or 20 years to
life on probation, and a fine of up to $750,000.

At Friday’s news conference, Kobe defended himself against the assault charge, but admitted to committing adultery with the accuser. Vanessa Bryant was at her husband’s side during the news conference and released a statement.

“He is a loving and kind husband and father,” she said in the statement. “I
believe in his innocence. Because I know him to be innocent, I will
stand by him and we will face this together.”A group led by Bill Chisholm, managing partner at Symphony Technology Group, has agreed to purchase the Boston Celtics for a valuation of $6.1 billion, sources told ESPN’s Shams Charania.

That price would surpass the $6.05 billion price a group led by Josh Harris paid to buy the NFL’s Washington Commanders in 2023 as the most paid for a franchise in North American sports history, and it would easily surpass the record number for the control stake of an NBA team, which was set two years ago when Mat Ishbia bought the Phoenix Suns for $4 billion.The Celtics — who surpassed their forever rivals, the Los Angeles Lakers, with their 18th NBA title last June when they beat the Dallas Mavericks in five games in the NBA Finals — began the sale process shortly thereafter, when the team’s controlling ownership group — Boston Basketball Partners, LLC, a group led by co-owners Wyc Grousbeck and Steve Pagliuca since 2002 — stunned the basketball world by announcing it would be selling the controlling stake in the franchise after more than two decades of stable ownership of one of the most iconic franchises in North American sports.Grousbeck, whose family leads the ownership group that bought the team in 2002 for $360 million, said Chisholm asked him to stay on as CEO and governor for the next three seasons, “and I am glad to do so.”

“We hoped from the beginning to find the right person with the resources and commitment to win banners, and being a great person,” Grousbeck told Charania. “Bill checks every box for us. I have always been a consultant and have had final say here with the Celtics since the family bought into the team, and that will continue for the next three years and we will transition.”The agreement calls for a two-part sale in which Chisholm would acquire at least 51% of the team upon approval by the NBA’s board of governors, which could come as soon as this summer. Current owners would have the option to retain the remainder of their shares until 2028, when they would be sold at a price that could be up to 20% higher, based on a formula determined by league revenue growth.

“My approach is to win and raise banners,” Chisholm told Charania. “That’s in the near term and the long term. I’ve had a couple of sit-downs with Brad and it’s been about aligning our goals, and extending the window of this team. The plans that Wyc and Brad have laid out make perfect sense to me.”My approach is to win and raise banners,” Chisholm told Charania. “That’s in the near term and the long term. I’ve had a couple of sit-downs with Brad and it’s been about aligning our goals, and extending the window of this team. The plans that Wyc and Brad have laid out make perfect sense to me.”

Pagliuca acknowledged the sale Thursday in a statement posted to social media, saying he made a strong push to purchase the Celtics from the Grousbeck family and that he is “saddened to find out that we have not been selected in the process.”

During a conference call with reporters in November after Boston visited the White House to celebrate its title, Grousbeck reiterated the plan for him to remain in charge after the sale, and through 2028.

Timing aside, what isn’t in dispute is that for the first time in a generation, the Celtics are changing hands, with Chisholm, who has made his fortune in private equity, taking over a team that not only is one of the favorites to repeat as champions, but also has massive questions ahead of it this summer.Boston is on pace to become the first team in NBA history to surpass $500 million in combined payroll and luxury tax payments next season, as Jayson Tatum’s supermax extension officially comes online at the same time as the final steps of the current collective bargaining agreement come online, making it prohibitively expensive to keep a team like this together for the long term

In the meantime, however, the Celtics are one of the favorites to win the title this season, as they hope to become the first team to repeat as champions since the 2017-18 Golden State Warriors.