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This week’s shipment
The New York Liberty celebrated their WNBA championship with a victory parade. Sarah Stier/Staff/Getty Images
New York Liberty’s investment paid off
New York’s Financial District turned into an outdoor party on Thursday as the city celebrated Freedom championship victory over the Minnesota Lynx in the WNBA Finals.
Although it’s the first time the team has won a championship in its history, it’s not the only record-breaking moment they’ve had this season.
In June, it was reported that Liberty of New York had the third highest value in the league ($130 million), and brought in more revenue last year ($18 million). The Liberty were also the league’s first team to eclipse $2 million in ticket revenue for a single game in May.
It likely comes as no surprise to the team’s billionaire co-owners Clara Wu Tsai and her husband Joseph Tsai, who bought the team in 2019 for an undisclosed sum. Wu Tsai made a number of major investments that have paid off.
“The first thing we wanted to do was bring the team back to the Barclays Center so they could have a bigger stage,” she said after the team’s win. “This is what can happen when you invest in women.”
After building a state-of-the-art locker room, Wu Tsai focused on completing an all-star bench. She credits getting Breanna Stewart, a two-time WNBA champion and one-time league MVP at the time, to sign as a turning point for her team’s roster.
Now with a championship under the team’s belt, Wu Tsai said her new challenge will be to maintain popularity for the Liberty while also keeping the games accessible.
One fan told Business Insider at the parade that next year’s season ticket prices are more than double, but she still plans to support the team. “As long as that money goes back to the players, I’m fine with that,” said Brooklyn resident Gris Osses, “because they deserve it.”
Low T? No problem.
Edmon De Haro for BI
Once taboo, tracking testosterone levels has suddenly become a point of pride for some men. Young men are increasingly turning to testosterone replacement therapy to optimize their bodies, in their opinion.
Testosterone has been prescribed to treat a variety of vague symptoms for men hoping to feel “better,” though it’s not exactly clear what it does or who needs it. And while low T has real health implications, it’s not common—nor is it an inevitability that awaits all men as they age.
Inside the testosterone boom.
Great, a new reason to fear AI
gremlin/ Getty Images
Seller impersonation fraud – where someone fakes the identity of property owners to sell their properties – is quite common. The new AI technology is only encouraging some fraudsters in their theft attempts.
From Elvis Presley’s Graceland to more modest homes, fights over who really owns houses and land are taking place across the country.
How AI-Powered Deed Fraud Works.
How does the other half travel?
Getty Images; Chelsea Jia Feng/BI
Leila Najafi has been curating trips for wealthy and elite clients for over a decade. From family vacations to honeymoons, she has organized vacations for some of the world’s smartest travelers.
As a luxury travel consultant, she’s learned a few secrets about how the rich vacation. They are not interested in dense tourist areas, but want local experiences that are not available to the public.
Five lessons from a top travel agent.
Read also:
The poisoned chalice
Valentin Tkach for Business Insider
While you may appreciate that hidden gem restaurant down the street, it likely doesn’t see its “hidden gem” status as particularly ideal. The industry is notoriously tough, so getting a big prize — think Michelin stars — is usually good news.
Besides, success can sometimes come back to bite the business. Getting well is one thing. Getting big is another, and not every operation is up to the task. In fact, one researcher found that restaurants awarded a Michelin star were more likely to close.
When big wins become big problems.
What we’re looking at this weekend
Warner Bros; BI
- “Trap”: This year’s raucous M. Night Shyamalan thriller, starring Josh Hartnett as a father whose gig with his teenage daughter takes a dark turn, is now streaming on Max.
- “Beauty in Black”: Tyler Perry’s latest Netflix project is an eight-episode series about a stripper who finds herself involved with the dysfunctional (and insanely wealthy) family behind a cosmetics empire.
- “Street Diary: Bruce Springsteen and the E Street Band”: This Hulu/Disney+ documentary gives an inside look at how the legendary band fronted by the 75-year-old rocker prepared for their live performances as they embarked on their first tour since 2017.
See the full list.
iStock; Rebecca Zisser/BI
The offers we love
- Luxury jewelry without luxury prices: Jewelry doesn’t have to cost an arm and a leg. Skipping heritage brand names and unnecessary expense, these beautiful jewelry brands keep prices low for buyers.
- Swifties, it’s not too late. Time is running out to see Taylor Swift’s Eras Tour live. Her last show in the US is scheduled for November 3, after which she will only perform for a few weeks in Canada. Here it is how to get tickets for her sold out concerts.
- 20% off clothes we love: Brooklinen is synonymous with luxurious textiles that elevate any room. However, they are not cheap, so there is Selling to friends and family it’s a great way to save on everything from sheets to bath mats.
More of this week’s tops read:
The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City. Jordan Parker Erb, editor, in New York. Lisa Ryan, executive editor, in New York. Amanda Yen, friend, in New York. Grace Lett, editor, in Chicago.