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Shai Gilgeous-Alexander
Diwang Valdez for Billboard.

Shai Gilgeous-Alexander

FYI

Music News Digest: NBA Star Shai Gilgeous-Alexander Is Now Part-Owner of Hamilton's TD Coliseum

Also this week: The Canadian Country Music Association announces a new board of directors, the beloved Steve's Music Store closes all of its stores except one,

Canadian basketball star Shai Gilgeous-Alexander has now heavily invested in his hometown of Hamilton, purchasing an ownership stake in that city's downtown arena, the recently rejuvenated TD Coliseum. The facility's developer, U.S. company Oak View Group (OVG), announced the investment Monday (Feb. 9) but did not reveal any financial terms. The 18,000-seat TD Coliseum, originally Copps Coliseum and FirstOntario Centre, was renamed last year after a $300-million renovation and reopened as a music-first venue. Next month it will host the 2026 Juno Awards.

The NBA's reigning most valuable player and this week's Billboard Sports Issue cover star, the 27-year-old Gilgeous-Alexander plays for the NBA champion Oklahoma City Thunder. His investment is made through his charitable organization, the SGA Foundation, and the partnership includes naming the Ares Atrium inside the venue, as a tribute to his son.

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