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Consumers grew somewhat more optimistic about the future of the economy in November as expectations about inflation improved, but their sense of the current state of affairs worsened a bit. Still, two-thirds of consumers surveyed still expect a recession to be “somewhat” or “very likely” within the next 12 months. However, that is well above current inflation of 3.2% and forecasts from the Federal Reserve and mainstream economists. In the peak hour from 10 p.m. to 11 p.m. EST, consumers spent $15.7 million a minute, according to online analytics firm Adobe. One thing that might make some consumers happy is that home prices continued to increase in September.

Persons: ”, Dana Peterson, ” Peterson, Jeffrey Roach, Craig J, Lazzara, Lisa Sturtevant Organizations: Conference, Federal Reserve, LPL, “, Adobe, MLS Locations: Detroit, San Diego

New home sales fell 5.6% in October, worse than expected, as higher mortgage rates took a bite out of demand. The annual level of sales in October was 679,000, down from September’s substantially revised 719,000 pace, However, sales in October were still up 17.7% from a year ago. October saw a sharp increase in mortgage rates to around 8% for a 30-year fixed rate loan. However, the higher mortgage rates have slowed sales of new homes as well. The recent drop in mortgage rates, with more expected next year, could prove to be a tonic to the market.

Persons: ”, Kelly Mangold, Greg Logan, Lisa Sturtevant, ” “, ” Sturtevant Organizations: Census Bureau, Department of Housing, Urban Development, Builders, RCLCO Real Estate Consulting, MLS Locations: RCLCO, Southern, Northeast, Midwest

SEATTLE (AP) — Denis Bouanga scored his fourth goal of the MLS Cup playoffs in the 30th minute, goalkeeper Maxime Crepeau made seven saves, and defending champion Los Angeles FC advanced to the Western Conference final with a 1-0 win over the Seattle Sounders on Sunday night. Bouanga got one chance at goal and didn’t miss, scoring in his sixth straight game and sending LAFC home for the conference championship game against the Houston Dynamo next Saturday. Bouanga was the Golden Boot winner during the regular season with 20 goals and he added three more in LAFC’s opening round victory over Vancouver. His goal came despite Seattle controlling play for most of the first half and having two great chances in the opening five minutes that were denied by Crepeau. Bouanga’s shot was the only attempt LAFC put on goal in the first half and it finished with only two shots on target in the match.

Persons: — Denis Bouanga, Maxime Crepeau, Bouanga, didn’t, LAFC’s, Bouanga’s, LAFC, Josh Atencio’s, Jordan Morris outran Giorgio Chiellini, Crepeau, Morris, Alex Roldan, Joao Paulo, Albert Rusnak’s, ___ Organizations: SEATTLE, MLS, Los Angeles FC, Western, Seattle Sounders, Houston Dynamo, LA Galaxy, Vancouver, Seattle, Crepeau, Sounders, Portland Locations: Seattle

Messi's Inter Miami will travel to Saudi Arabia in February to take part in the Riyadh Season Cup, which also includes Ronaldo's Al Nassr. Saudi Arabia has made a major push to be a big player in world soccer by signing some of the game's biggest players. Political Cartoons View All 1260 ImagesMessi took part in last season's Riyadh Season Cup with PSG and also came up against Ronaldo after the Portugal great's surprise move to Al Nassr. In May, Messi was fined and suspended by the French club for taking an unauthorized trip to Saudi Arabia. The Riyadh Season Cup is scheduled to be held in the first week of February at Kingdom Arena.

Persons: Lionel Messi, Cristiano Ronaldo, Al Nassr, Neymar's Al, ”, Turki Alalshikh, Messi, Germain, Ballon, David Beckham, Ronaldo, Sadio Mane, Sergej Milinkovic, Savic, Chris Henderson, Henderson, “, ” Henderson, Tim Reynolds, ___ James Robson Organizations: Messi's Inter Miami, Brazil, Saudi General Entertainment Authority, Paris Saint, MLS, PSG, Ronaldo, Miami, Leagues, Real, Copa America, Inter Miami, U.S, Inter Miami didn’t Locations: MANCHESTER, England, Saudi Arabia, Riyadh, Hilal, Paris, Portugal, Argentina, Barcelona, Real Madrid, Saudi, Al, China, Miami

☆ Prices for a set of Messi’s World Cup jerseys could exceed a record $10 million
▼ + stars: | 2023-11-20 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

A set of six jerseys that he wore during last year’s World Cup, which his home country of Argentina won, are being put up for auction by Sotheby’s next week. That shirt currently holds the world record title of being the “most valuable item of sports memorabilia ever sold at auction,” according to the auction house. Bids were initially expected to range from $5 million to $7 million, perhaps signaling that Messi’s jersey prices could go higher. The online auction for Messi’s jerseys runs from November 30 to December 14 and will be displayed during that time in a free exhibition at Sotheby’s gallery in New York. His appearances sent MLS ticket prices skyrocketing and fans had trouble getting their hands on replica jerseys for several months.

Persons: Lionel Messi, Sotheby’s, Michael Jordan, Diego Maradona, ”, Brahm Wachter, Messi, Messi’s, Tom Brady, Kobe Bryant, Germain Organizations: New, New York CNN — Soccer, France, FC Barcelona, Cristiano Ronaldo’s Real, NFL, NBA, MLS, Inter Miami, Paris Saint, FIFA, Adidas Locations: New York, Argentina, Argentine, Cristiano Ronaldo’s Real Madrid, Barcelona, Paris, Qatar

LONDON (AP) — Sotheby's is set to auction off six shirts worn by Lionel Messi during Argentina's winning run at last year's soccer World Cup in Qatar and thinks they could become the most valuable collection of sports memorabilia ever sold at potentially more than $10 million. In defeating France in a penalty shootout after a 3-3 draw at Lusail Stadium, Argentina won its third World Cup. Sotheby’s, which was founded in London in 1744, will offer Messi’s shirts between Nov. 30 and Dec. 14. A free exhibition at the company's New York headquarters will allow the public to see the shirts during the bidding dates. Winning, and lifting, the World Cup last year meant Messi emulated the feat of Maradona in 1986, the second time Argentina won the trophy.

Persons: Lionel Messi, Argentina's, Messi, Michael Jordan’s, Diego Maradona, Maradona, Sant Joan de Déu, Leo Messi, Pele, That's Organizations: France, Lusail, Argentina, U.S, England, UNICAS, Sant Joan de Déu Barcelona Children’s Hospital, Leo Messi Foundation, Inter Miami, MLS, Barcelona, European Champions League Locations: Qatar, New York, Argentina, London, York, Sotheby's, Sant Joan de Déu Barcelona

☆ From Sin City to Sports Central: How Las Vegas is betting big on a lucrative industry
▼ + stars: | 2023-11-19 | by ( Alicia Wallace | ) edition.cnn.com time to read: +8 min

But for many decades, the NFL and other leagues opposed having sport franchises in Las Vegas, most likely due to the city’s deeply rooted gambling industry. “Vegas fans tend to be sports fans, too, and sports have helped us expand the customer base that are willing to consider Las Vegas,” Hill said. And during the past two years, Las Vegas and other tourist-centric cities have benefitted from consumers’ post-pandemic splurges on experiences and travel versus goods. The Las Vegas Strip can be seen outside the lanai doors at Allegiant Stadium during a game on October 15, 2023, in Las Vegas, Nevada. Ethan Miller/Getty Images/FILEAs the pandemic wore on, construction continued on expanding the Las Vegas Convention Center as well as the Raiders’ Allegiant Stadium, among other projects.

Persons: ”, Andrew Woods, ” Woods, Woods, Roger Goodell —, ” Goodell, John Fisher, Steve Hill, ” Hill, Ethan Miller Organizations: Minneapolis CNN, Athletics, NCAA, NFL Pro Bowls, NBA, MLS, Center for Business, Economic Research, University of Nevada, Sunday’s, Las Vegas, Prix, UNLV’s Lee Business School, NFL, National Hockey League, Oakland Raiders, Major League Baseball, Oakland Athletics, Las Vegas Convention, Visitors Authority, UNLV, “ Entertainment Capital, Sports, Entertainment Capital, Las, Nevada Gaming Control, Getty, Las Vegas Convention Center, Raiders Locations: Minneapolis, Las Vegas, Vegas, Bellagio, Clark County , Nevada, Covid, United States, Las Vegas , Nevada

The pace of new construction quickened in October as both building permits and housing starts rose despite elevated mortgage rates, the government reported on Friday. New housing starts were 1.372 million compared to 1.346 million a month earlier. “A good inflation report and steadily declining mortgage rates provide some relief to the market. Also on a positive note, mortgage rates fell this week following the CPI and the resultant drop in bond yields from their recent highs. The 30-year fixed-rate mortgage fell to an average of 7.44% in the week ending Nov. 16, a drop from 7.5% a week earlier, Freddie Mac said on Thursday.

Persons: Wells, ”, Lisa Sturtevant, homebuyers, Freddie Mac, Odeta Kushi Organizations: Census Bureau, Department of Housing, Urban, National Association of Home Builders, MLS, homebuilders, ”, CPI, “ Builders, First Locations: Midwest, West

☆ Mortgage rates fall for third straight week, bringing some homeseekers off the sidelines
▼ + stars: | 2023-11-16 | by ( Anna Bahney | ) edition.cnn.com time to read: +5 min

Mortgage rates have cooled in recent weeks as markets absorbed the latest economic indicators, including an improving inflation picture. “For the third straight week, mortgage rates trended down, as new data indicates that inflationary pressures are receding,” said Sam Khater, Freddie Mac’s chief economist. When Treasury yields go up, so do mortgage rates; when they go down, mortgage rates tend to follow. “The gap between the 10-year Treasury yield and the 30-year fixed rate mortgage rate is historically around 180 basis points,” she said. “While the gap has narrowed somewhat, the 30-year mortgage rate remains 280 basis points higher than the bond yield.”By historical norms, she said, mortgage rates should be under 6.5%.

Persons: Freddie Mac, ”, Sam Khater, Freddie Mac’s, Price, Jiayi Xu, Jerome, Powell, ” Xu, Bob Broeksmit, Lawrence Yun, ” Yun, “, Lisa Sturtevant, ” Sturtevant Organizations: DC CNN —, Mortgage, Association, Federal Reserve, Treasury, Consumer, “, National Association of Realtors, Bright MLS Locations: Washington

☆ Middle-class movers are heading to these three cities in search of affordability
▼ + stars: | 2023-11-13 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

Middle-class movers are choosing Las Vegas, Phoenix, and San Antonio as top destinations. It was the second-most popular destination for middle-class movers coming from out of state, the report said. While cities like Austin saw a surge in home prices, San Antonio has been able to maintain some of its affordability. AdvertisementAdvertisement"If you were to ask me, I'd still tell you San Antonio's more affordable than most cities in Texas," San Antonio real-estate agent Ricardo "Rico" Riojas, Jr. told Insider. San Antonio, Texas.

Persons: —, Andrew Arevalo, Getty Images Arevalo, Redfin, Arevalo, there's, he's, We've, Stephanie K, Dow, I'd, Ricardo, Rico, Riojas, Jr, Allan Baxter, San Antonio — Organizations: Service, Denver, Pew Research, Getty Images, MLS, Las Vegas, San Antonio, Getty, Austin Locations: Vegas, Phoenix, San Antonio, The Nevada, Arizona , Nevada , Florida, Texas, Sin, Colorado, Nevada and Colorado, Clark County, Las Vegas, Denver, California, Arizona, Phoenix , Arizona, San, . Texas, Austin, Antonio, Antonio , Texas

And with that, Inter Miami got to celebrate the game's greatest player one more time in 2023. He embraced Garber, Inter Miami owners Jorge and Jose Mas, then hoisted the trophy as the crowd roared. Political Cartoons View All 1240 Images“You, Inter Miami fans, have the best player who's ever played the game,” Garber said. “He’s the main star of this match and we want to join him celebrating his eighth Ballon D’Or,” Inter Miami coach Gerardo “Tata” Martino said. But eight Ballon D’Or trophies sure swing the argument Messi’s way.

Persons: — Lionel Messi, Messi, —, Messi —, Don Garber, Garber, Jorge, Jose Mas, ” Messi, “, ”, who's, ” Garber, Ballon, Leo, Gerardo “ Tata ” Martino, NYCFC, “ You’ve, hadn’t, ” Martino, Michael Jordan, LeBron James ., Woods, Jack Nicklaus, Roger Federer, Rafael Nadal, Novak Djokovic, Simone Biles, Michael Phelps, Katie Ledecky, Benjamin Cremaschi, “ He’s, I’ve Organizations: Inter Miami, Major League Soccer, New York City FC, MLS, ” Inter Miami, Inter, Argentina, Uruguay, U.S, CONCACAF, Soccer, Barcelona Locations: FORT LAUDERDALE, Fla, Paris, China, Miami, Argentina, Buenos Aires, Brazil, Rio de Janeiro, men’s

“So many more people have credit cards now.”Wise says the main thing to watch for is how strapped consumers are in their overall financial condition. There are signs the consumer may still have a little left in the tank. And speaking of tanks, gas prices have been coming down, a move that will free up a little more money for consumers to spend. And this occurred while consumers repeatedly tell surveys they are feeling gloomy and pessimistic about the state of the economy. The pace of increase in consumer prices has fallen from around 9% annually in the summer of 2022 to under 4% now.

Persons: ”, Donghoon Lee, “, TransUnion, TrasnUnion, Charlie Wise, ” Wise, we’ve, ” Patrick De Haan, De Haan, Lisa Sturtevant, Goldman Sachs, Jan Hatzius, Joseph Brusuelas, Tuan Nyugen Organizations: Federal Reserve Bank of New York, New York Fed, TransUnion, “, MLS, Federal, ” Goldman, Adobe Locations: U.S, California

☆ MLS player ‘forcibly removed’ from referee’s locker room, says US and Canadian refereeing body
▼ + stars: | 2023-11-08 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +4 min

CNN —A soccer player was “forcibly removed” after entering the match officials’ locker room after the Major League Soccer (MLS) playoff game between FC Cincinnati and the New York Red Bulls earlier this month, according to the Professional Soccer Referees Association (PSRA). The PSRA represents referees that are licensed to officiate soccer matches by the Canadian Soccer Association or the United States Soccer Federation. “No one’s safety should ever be at risk & we expect MLS to act accordingly,” added the PSRA statement. Howard Smith/ISI Photos/Getty ImagesMiazga is a former Red Bulls player and came up through the team’s youth system. He told the Cincinnati Enquirer that one of the yellow cards was given for holding a heart-shaped hand gesture towards the home New York crowd.

Persons: “, ”, Matt Miazga, Victor Rivas, ” Miazga, Rivas, Howard Smith, “ I’m Organizations: CNN, Major League Soccer, FC Cincinnati, New York Red Bulls, Professional Soccer Referees Association, Cincinnati, Red Bulls, Twitter, Canadian Soccer Association, United States Soccer Federation, MLS, Cincinnati Enquirer, Athletic, Red Bull, FC Cincinnati’s, ” FC Cincinnati, Philadelphia Union, New Locations: Cincinnati, York, Ohio

Major League Soccer suspended Philadelphia Union defender Kai Wagner on Tuesday for three matches for violating the league’s on-field anti-discrimination policy after the league launched an investigation into whether he used a racial slur against a New England Revolution player. Wagner will begin serving the penalty on Wednesday when the Revolution hosts the Union in Game 2 of their MLS Cup Eastern Conference semifinals matchup. MLS said in a statement that Wagner acknowledged wrongdoing. Political Cartoons View All 1237 Images“In reaching this decision, MLS considered many factors, including Wagner’s immediate acceptance of responsibility, willingness to participate in a restorative practices process to repair the harm caused, and his cooperation with the league’s investigation,” the league’s statement said. As part of the suspension, Wagner has begun MLS-mandated education and training, a process the league said will continue.

Persons: Kai Wagner, Wagner, Bobby Wood, Wood, ” Organizations: Major League Soccer, Philadelphia Union, New, Union, MLS, Eastern, Philadelphia, Athletic, New England Locations: New England, New, Hawaii

Tiger Woods couldn't be more involved with primetime TGL unless he had built the arena. Woods, Rory McIlroy and former Golf Channel president Mike McCarley are founding partners in TMRW Sports, the sports and entertainment company behind TGL. “Having the opportunity to not only compete, but also own a team to represent Jupiter is an exciting next chapter for me,” Woods said Tuesday. Woods referred to TGL as a “modern twist of traditional golf” that ultimately will make it more accessible by leaning the glitz of technology. The prize fund is $21 million, with $9 million going to the winning team and players eventually getting equity in the league.

Persons: He's, Woods, David Blitzer, Rory McIlroy, Mike McCarley, ” Woods, Woods hasn't, ” McCarley, McIlroy, Keegan Bradley, Adam Scott, Tyrrell Hatton, Arthur Blank, Alexis Ohanian, Venus Williams, Alex Morgan, Michelle Wie West, Steven Cohen, Marc Lasry, Stephen Curry, Blitzer, “, I've, ”, —, LIV, TGL, Collin Morikawa, Bradley Organizations: TGR Ventures, Jupiter, Golf Channel, TMRW Sports, “, SoFi, ESPN, Technology, Fenway Sports Group, New England, Keegan, Atlanta, Atlanta Falcons, Los Angeles Golf Club, New York Mets, Avenue, Fund, Golden State, —, Philadelphia 76ers, New Jersey Devils, Cleveland Guardians, Washington Commanders, Real Salt Lake, Crystal Palace FC, Premier League, Ryder, Saudi, LIV Golf Locations: Palm Beach Gardens , Florida, Los Angeles, Boston, Serena, New York, San Francisco, Golden, American, Real Salt, LIV .

☆ MLS player forcibly removed from officials' locker room - referees' body
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +1 min

Cincinnati beat New York at Red Bull Arena in a penalty shootout on Saturday, advancing to the semi-finals of the MLS Playoffs. "After the Nov 4th NYRB/FC Cincinnati match, a player gained unauthorized entry into the Officials' locker room & was forcibly removed by stadium security while acting in an aggressive & hostile manner," the Professional Soccer Referees Association (PSRA) said on social media. PSRA referees officiate matches for MLS, the National Women's Soccer League (NWSL) and the United Soccer Leagues (USL). The PSRA did not confirm which player was removed or the nature of their dispute. "Major League Soccer is aware of the report of a player gaining unauthorized access into the officials’ locker room," the league said in a statement.

Persons: Enisa, Vincent Carchietta, Amy Tennery, Toby Davis Organizations: FC Cincinnati, New York Red Bulls, Red Bull, Major League Soccer, Cincinnati, New York, MLS, Professional Soccer Referees Association, National Women's Soccer League, United Soccer Leagues, USL, Thomson Locations: Harrison , NJ, USA, New, New York

☆ Portland Timbers name Neville as head coach
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +1 min

FILE PHOTO:Soccer Football - England - Phil Neville Press Conference - Wembley Stadium, London, Britain - February 18, 2020 Phil Neville during the press conference Action Images via Reuters/Peter Cziborra/File Photo Acquire Licensing RightsNov 7 (Reuters) - Major League Soccer (MLS) side Portland Timbers named former Manchester United full back Phil Neville as head coach on Monday. Neville, who joined the Canada national team's coaching staff after leaving Inter Miami in June, had signed on until the end of the 2026 season, the Timbers said in a news release. The 2015 MLS Cup winners parted ways with Giovanni Savarese in August, ending his five-and-a-half year tenure as head coach. Assistant coach Miles Joseph served as interim head coach until Neville's appointment. Neville, who won six Premier League titles as a player with Manchester United and was part of their 1999 treble-winning side, was the England women's head coach before joining Miami.

Persons: Phil Neville, Peter Cziborra, Neville, Giovanni Savarese, Miles Joseph, Chiranjit, Peter Rutherford Organizations: Football, Phil Neville Press Conference, Wembley, Major League Soccer, Portland Timbers, Manchester United, Canada national, Inter Miami, Timbers, Premier League, Miami, Thomson Locations: London, Britain, England, Bengaluru

☆ Lawsuits are shaking the NAR’s grip on America’s real estate fees
▼ + stars: | 2023-11-06 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

It’s easy to forget how much we used to rely on real, physical paper and, like, other people to buy basic things. It wasn’t all that long ago that you’d call a travel agent to book a flight. But the sellers argued that in a competitive market, the buyers should pay their own agent’s commission, and negotiate that fee separately. Because even though the NAR says fees are negotiable, the industry has made 5%-6% commissions so standard that most people wouldn’t question it. According to Bloomberg, Realtor commissions are high by global standards.

Persons: CNN Business ’, Anna Bahney, Keller Williams, Bob Goldberg, ”, you’re, you’ll Organizations: New, New York CNN, CNN Business, National Association of Realtors, Homeservices, Keller, Keller Williams Realty, NAR, MLS, Bloomberg, Department of Justice Locations: New York, Missouri, America, Australia

☆ A $1.8 billion earthquake just hit the real estate industry
▼ + stars: | 2023-11-05 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

On Tuesday afternoon at a courthouse in Kansas City, Missouri, the collective nightmare of the real-estate industry became reality. For decades, the basic structure of how real-estate agents get paid when they help someone buy or sell their home has remained roughly the same. Here's how it works: When you list your home for sale on an MLS, you're required to offer a commission to the buyer's agent. The good buyer's agents who can prove their value will be fine, Brobeck predicted. The wild thing is, the decision could be just the beginning of tumult for the real-estate industry.

Persons: Burnett, —, Stephen Brobeck, Brobeck, Mike Rosenthal, Rosenthal, Sellers, Saul Klein, you've, Klein, Keller Williams, Bob Goldberg, Inman, Opendoor, James Rodriguez Organizations: National Association of Realtors, NAR, MLS, Consumer Federation of America, Consumer, nab, New York Times, Justice Department Locations: Kansas City , Missouri, Missouri , Illinois, Kansas, California

☆ Real-estate agents may be forced to charge home buyers less, thanks to a new $1.8 billion verdict
▼ + stars: | 2023-11-05 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

On Tuesday afternoon at a courthouse in Kansas City, Missouri, the collective nightmare of the real-estate industry became reality. For decades, the basic structure of how real-estate agents get paid when they help someone buy or sell their home has remained roughly the same. Here's how it works: When you list your home for sale on an MLS, you're required to offer a commission to the buyer's agent. The good buyer's agents who can prove their value will be fine, Brobeck predicted. Buyers might also start making offers on the condition that the seller agrees to pay both agents' commissions — otherwise, no deal.

The decline brought the average rate on a 30-year mortgage down to 7.76% from 7.79% last week, mortgage buyer Freddie Mac said Thursday. As mortgage rates rise, they can add hundreds of dollars a month in costs for borrowers, limiting how much they can afford in a market already out of reach for many Americans. The average rate on a 30-year home loan climbed above 6% in September 2022 and has remained above that threshold since. And higher yields on 10-year Treasurys tend to push up mortgage rates. The average rate was unchanged from last week at 7.03%.

Persons: Freddie Mac, ”, Sam Khater, Freddie Mac’s, it’s, Lisa Sturtevant, Bob Broeksmit Organizations: ANGELES, Treasury, U.S, Federal Reserve, Bright MLS, ”, Treasury Department, Mortgage, Association, “ Locations: U.S

☆ A Big Legal Defeat for the Realtors
▼ + stars: | 2023-11-01 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Journal Editorial Report: The week’s best and worst from Kim Strassel, Bill McGurn and Dan Henninger. Images: AP/Reuters Composite: Mark KellyThe National Association of Realtors has objected to our editorials challenging its anti-competitive business model, but what do you know. On Tuesday a federal jury found the Realtors liable under U.S. antitrust laws for conspiring to fix prices in the class-action case Burnett v. NAR. Missouri home sellers challenged a Realtor rule requiring seller agents to provide a blanket offer of compensation to a buyer’s broker to list a home on the association’s affiliated multiple-listing service (MLS). These databases of homes for sale are similar to stock exchanges in that they match brokers and sellers.

Persons: Kim Strassel, Bill McGurn, Dan Henninger, Mark Kelly, Burnett Organizations: Reuters, National Association of Realtors, Realtors, NAR Locations: Missouri

☆ Tiger Woods and US sporting royalty set to tee off high-tech indoor golf league
▼ + stars: | 2023-11-01 | by ( Jack Bantock | ) edition.cnn.com time to read: +6 min

Staged in partnership with the PGA Tour, the televised indoor golf league – the TGL – is the brainchild of TMRW Sports, a company co-founded by Woods and Rory McIlroy, and will feature 15 of the world’s current top 20-ranked men’s players. Here’s everything you need to know about the competition before it tees off on January 9. Meanwhile TGL New York is led by New York Mets owner Steven A. Cohen and his family office, Cohen Private Ventures. How to watchThe first two-hour match will air on ESPN and ESPN+ from 9 p.m. ET (1 a.m. GMT) on Tuesday January 9, with the second match aired a week later at 7 p.m.

Persons: Woods, Steph Curry, Williams, Rory McIlroy, TGL, ” Woods, “, –, TGL Who’s, Justin Thomas, Arhthur, Blank, McIlroy, Jon Rahm, Patrick Cantlay, Xander Schauffele, Matt Fitzpatrick, Max Homa, Wyndham Clark, Scottie Scheffler, Viktor Hovland, Brian Harman, Richard Heathcote, Tom Kim, Tyrrell Hatton, Tommy Fleetwood, Cam Young, Keegan Bradley, Collin Morikawa, Rickie Fowler, Thomas, Sahith Theegala, Lucas Glover, Shane Lowry, Justin Rose, Adam Scott, Min Woo Lee, Billy Horschel, Kevin Kisner, Serena, Venus Williams, Alexis Ohanian, Giannis Antetokounmpo, Alex Morgan, Michelle Wie, Marc Lasry’s, Curry, Andre Iguodala, Klay Thompson, Steven A, Cohen Organizations: CNN, PGA Tour, TMRW Sports, NBA, NFL, Premier League, Palm Beach State College, Atlanta, GC, The Home Depot, MLS, Atlanta Falcons, Atlanta United, TGL, ESPN, Fenway Sports Group, Boston Red Sox, Pittsburgh Penguins, NASCAR’s RFK Racing, English Premier League football club Liverpool . Los, Reddit, National Women’s Soccer League, Angel City FC, Women’s National, Sports Fund, Golden State Warriors, New York Mets, Private Ventures, ABC Locations: Florida, American, Palm, LAGC, TGL New York

Inter Miami announced Wednesday that its planned trip to China for a pair of exhibition matches has been called off. Political Cartoons View All 1227 Images“The tour promoter, NSN, has informed Inter Miami CF of the cancellation of its China Tour due to unforeseen circumstances in China,” read Inter Miami's statement. Messi returned to the U.S. early Tuesday after winning the Ballon d'Or and was with Inter Miami for a training session that morning. He remains under contract to Inter Miami for the 2024 and 2025 MLS seasons, making between $50 million and $60 million annually. He and Inter Miami co-owner David Beckham have enormous followings in Asia, along with several endorsement deals in the region.

Persons: — Lionel Messi, Messi, Ballon, —, Li Keqiang, ”, “, NSN, Messi's ballyhooed, — hasn’t, David Beckham Organizations: Inter Miami, Argentina, TyC, Inter Miami CF, “ Inter, Inter Miami's, Major League Soccer, —, Australia, Olympic, Beijing Games Locations: FORT LAUDERDALE, Fla, China, Argentina, U.S, Beijing, Asia

LOS ANGELES (AP) — A series of court challenges are seeking to upend longstanding real estate industry practices that determine the commissions agents receive on the sale of a home — and who foots the bill. But already the NAR and several real estate brokerages are facing another lawsuit over agent commission rules. As home prices have soared in recent years, pushing the national median sales price to $394,300 as of September, so have agents’ commissions. Traditionally, that works out to a 5% to 6% commission split roughly evenly between the buyer’s and seller’s agents. “The real solution is for buyers to be able to finance the buyer-agent commissions as part of their mortgages.

Persons: “, ” Mantill Williams, Williams, Fresh, ’, ” Williams, ”, Stephen Brobeck, Max, Brobeck, Michelle Chapman Organizations: ANGELES, National Association of Realtors, NAR, Western, of, Redfin Corp, Weichert Realtors, Compass Inc, “, Consumer Federation of America, Inc, MLS, Associated Locations: Missouri, U.S, of Missouri, New York

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