Two MVPs had a chance to sink a winning shot in Game 1 of the NBA Finals. Neither did.
Only one will have to rue the missed opportunity.
LeBron James did just about everything imaginable on Thursday night for the Cleveland Cavaliers, everything except nail the final three-point attempt of regulation.
With the score level 98-98 and the final seconds ticking down, James took a couple dribbles to his left, jab-stepped to clear some space against Andre Iguodala, stepped back and let fly what was, all in all, a pretty reasonable-looking attempt. Tough, but he’s hit that kind of shot before.
It went a little long. The game went to overtime.
Stephen Curry had just some 20 seconds earlier gotten blocked going for a lay-up on his own go-ahead attempt, but the Golden State Warriors had more left for overtime and escaped with the win.
If Game 1 was at all indicating, it would have meant a lot more for Cleveland.
LeBron was excellent, scoring a personal finals-best 44 points on 18-of-38 shooting. His mid-range jumper was accurate, he was indomitable in the low post, he added eight rebounds and six assists.
The Cavaliers were able to dictate the flow of Game 1, keeping Golden State mostly out of the rhythm they’ve become famous for this season. They were sharp defensively, especially – and surprisingly – Kyrie Irving, responsible for the block on Curry’s end-of-regulation attempt.
Irving had two blocks, in fact, and four steals, to go with 23 points, seven rebounds and six assists in an electric effort that saw him darting into open space, sinking floaters, attacking the rim.
The Cavaliers looked imposing. They looked the better team.
And still they lost.
For all of LeBron’s brilliance and for all of Irving’s electricity, there just wasn’t quite enough there for the Cavaliers to find a decisive edge over 48 minutes and certainly nothing left for the five minutes of overtime in the 108-100 loss. They will probably – rightfully – feel unlucky not to have taken this one. The problem is that Cleveland do not have room for unlucky in this series.
The Cavs are a thin team, and Game 1 illustrated that. Their starting five – James, Irving, Timofey Mozgov, Tristan Thompson and Iman Shumpert – effectively outplayed the Warriors’ starters. Mozgov had a very good game, with 16 points and a good defensive effort in the middle. Thompson had 15 rebounds and a good defensive game. Shumpert hit a couple of meaningful threes and played well defensively.
But JR Smith was just 3-of-13 off the bench, while James Jones didn’t score a point in 17 minutes (during which Cleveland were outscored by 11) and Matthew Dellavedova played a scoreless nine minutes (during which Cleveland were outscored by 13).
On a night when Golden State, a great team by any measurement, were merely good, and Cleveland’s starting collective looked better, there still just wasn’t enough.
Making matters worse, Irving appeared to re-injure his left knee in overtime.
What are the Cavaliers supposed to do after this? What more could James do?
Game 1 away was the game for them to steal. LeBron at his best, Irving cutting to and fro – and to come away from it with a loss? It’s potentially back-breaking.
It stretches reason to expect a regular confluence of James being that outstanding and Golden State being that pedestrian. If it wasn’t even enough on Thursday, when – and how – will it be in any other game?
The Warriors were saved by their superior depth. When their starters weren’t their best (Klay Thompson: 4-of-15; Draymond Green: 4-of-13) they found the contributions to keep pace. Festus Ezeli had an efficient five points and five rebounds in 12 minutes. Marreese Speights chipped in a big eight points on 4-of-8 shooting in only nine minutes.
Iguodala, a past all-star, came off the bench and was perhaps the most important player of the night. According to ESPN James had 11 points on 28.6 per cent shooting and three turnovers when Iguoadala was defending him. LeBron scored 27 points on 54.5 per cent shooting with just one turnover against Golden State's other defenders.
The Cavaliers simply can’t match that kind of top-to-bottom depth. Their only answer is SuperLeBron. For James to be so domineering and authoritative any team-wide disadvantage is nullified.
And they had that performance in Game 1. And it wasn’t enough.
Whether through fluke or force, the Cavaliers were just short on Thursday. And now Irving is a question mark again.
They didn’t have the margin of error for that to begin with against Golden State. Now it’s even harder to see how they’ll push the Warriors in this series.
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World Cricket League Division 2
In Windhoek, Namibia - Top two teams qualify for the World Cup Qualifier in Zimbabwe, which starts on March 4.
UAE fixtures
Thursday February 8, v Kenya; Friday February 9, v Canada; Sunday February 11, v Nepal; Monday February 12, v Oman; Wednesday February 14, v Namibia; Thursday February 15, final
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Title: Assistant dean of students and director of athletics
Favourite sport: soccer
Favourite team: Bayern Munich
Favourite player: Franz Beckenbauer
Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates
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Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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COMPANY PROFILE
Name: N2 Technology
Founded: 2018
Based: Dubai, UAE
Sector: Startups
Size: 14
Funding: $1.7m from HNIs
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Where to apply
Applicants should send their completed applications - CV, covering letter, sample(s) of your work, letter of recommendation - to Nick March, Assistant Editor in Chief at The National and UAE programme administrator for the Rosalynn Carter Fellowships for Mental Health Journalism, by 5pm on April 30, 2020.
Please send applications to nmarch@thenational.ae and please mark the subject line as “Rosalynn Carter Fellowship for Mental Health Journalism (UAE programme application)”.
The local advisory board will consider all applications and will interview a short list of candidates in Abu Dhabi in June 2020. Successful candidates will be informed before July 30, 2020.
UAE currency: the story behind the money in your pockets
PROFILE OF INVYGO
Started: 2018
Founders: Eslam Hussein and Pulkit Ganjoo
Based: Dubai
Sector: Transport
Size: 9 employees
Investment: $1,275,000
Investors: Class 5 Global, Equitrust, Gulf Islamic Investments, Kairos K50 and William Zeqiri
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- 1st Test India won by 304 runs at Galle
- 2nd Test Thursday-Monday at Colombo
- 3rd Test August 12-16 at Pallekele
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Company info
Company name: Entrupy
Co-founders: Vidyuth Srinivasan, co-founder/chief executive, Ashlesh Sharma, co-founder/chief technology officer, Lakshmi Subramanian, co-founder/chief scientist
Based: New York, New York
Sector/About: Entrupy is a hardware-enabled SaaS company whose mission is to protect businesses, borders and consumers from transactions involving counterfeit goods.
Initial investment/Investors: Entrupy secured a $2.6m Series A funding round in 2017. The round was led by Tokyo-based Digital Garage and Daiwa Securities Group's jointly established venture arm, DG Lab Fund I Investment Limited Partnership, along with Zach Coelius.
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Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5