The NBA is navigating a regulatory gray area as on-chain prediction platforms, such as Kalshi Sports, emerge without clear guidelines. NBA Commissioner Adam Silver is confronted with the challenge of determining the legality of star players turning their transfers into financial products. Giannis Antetokounmpo announced his ownership of Kalshi Sports after the player trade deadline, strategically avoiding compliance scrutiny. Kalshi reportedly handled $23.31 million in bets on Antetokounmpo's potential trade, which the Milwaukee Bucks confirmed would not occur this season just hours before the deadline.