Shaquille O'Neal

Mixed fortunes of celebrities who leapt on NFT craze

Sports, film and music stars have all flocked to the NFT market to buy pictures of apes, endorse corporate partners or even launch their own art collections.

Even as the crypto sector suffers a rout with sales and values plunging and scams proliferating, celebrities continue to sign up to the craze for so-called Non-Fungible Tokens.

Zion agrees to five-year extension with Pelicans

Zion Williamson, who missed the past NBA season due to a broken right foot, has agreed to a five-year maximum rookie contract extension with the New Orleans Pelicans, ESPN reported on July 2.

Williamson's deal is worth $193 million but has escalator clause incentives that could bring the power forward as much as $231 million.