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There are currently a handful of electric trucks for purchase in the U.S. market: the Tesla Cybertruck, Ford F-150 Lightning, Rivian R1T and General Motors' GMC Hummer EV, GMC Sierra Denali and Chevrolet Silverado. The GMC Hummer and Rivian also have SUV versions, which feature similar functions as their pickup counterparts but in different forms. The SUV version is smaller and more manageable to drive than the pickup truck version. When the F-150 Lightning hit the market, it was the first "mainstream" electric truck. An electric Ford F-150 next to a Tesla Cybertruck in front of Ford's world headquarters on Aug. 27, 2024 in Dearborn, Mich. Michael Wayland / CNBC
Persons: Michael Wayland, CNBC DETROIT – Tesla, Stephanie Brinley, it's, Stephanie Valdez Streaty, Tesla, Ford, Rivian R1T, Rivian, Kelley, Sierra EVs Organizations: GMC, Denali, Tesla, Ford, CNBC DETROIT, Motors, Rivian Automotive, P Global Mobility, Cox Automotive, General Motors, GMC Hummer EV, GMC Sierra Denali, Chevrolet Silverado, Motor Intelligence, Renaissance Center, CNBC, GM, U.S . Environmental Protection Agency, Cruise, Silverado, GMC Sierra GM's, DC, Chevrolet, Sierra Locations: U.S, Detroit, Dearborn, Mich
Keep reading to learn how to watch US Open live streams, including free options. ESPN Plus (Monthly Plan) ESPN Plus is designed for sports, giving subscribers access to live MLB, NHL, NFL, soccer, golf, and UFC fights. Both services carry ABC, ESPN, ESPN 2, ESPN3, and ESPNews, with a few exceptions, which we'll detail below. Sling TV Subscription For just the essentials without any extra fluff, Sling TV is the streaming service you're looking for. Where to watch the US Open in AustraliaThere are a couple of ways to watch the US Open in Australia.
Persons: Novak Djokovic, Coco Gauff, Carlos Alcaraz, Emma Raducanu, Iga Świątek, Daniil Medvedev, Taylor Fritz, Sinner, Jessica Pegula, it's, There's, Stan Sport, Stan, you'll, ExpressVPN Organizations: Business, US, ABC, ESPN, ESPN2, ESPN3, MLB, NHL, NFL, UFC, Hulu, Disney Plus, Sling, Sky Sports, Sky Locations: Queens , New York, American, United States, Australia, Australian
The Kansas City Chiefs, the NFL's current dynasty, are only the 18th most valuable team in the league at $6.07 billion, according to CNBC's Official 2024 NFL Team Valuations. The bulk of a team's revenue in a given season comes from the ballooning media rights fees that the NFL charges for its games. Contrast that with leagues like the NBA and NHL, where clubs receive a much bigger cut of playoff ticket revenue. Stadium ownership and operating rights are also a lucrative source of revenue for NFL teams. Perennial playoff teams can also be more attractive to sponsors because they can almost guarantee that thousands of additional people will be in their stadiums every year.
Persons: Jerry Jones, Jones, Lamar Hunt, Organizations: NFL, Kansas City Chiefs, New York Jets, Denver Broncos, Chiefs, NBA, NHL, Dallas Cowboys, T, Jackson, Sports, Authority, Cowboys, Los Angeles Rams, Las Vegas Raiders, Baltimore Ravens Locations: Arrowhead, Jackson County , Missouri
This season, the NFL will play five games abroad in Europe and South America. "The reality is, when we bring our brand of our regular season games here, it creates a whole new environment," Goodell said. Goodell said it has been a learning process playing games abroad, as the league sees how players handle long flights and different time zones. Some games are streaming exclusive, including Friday's matchup in Brazil, which will air on NBC's Peacock platform. Yet, Goodell said 85% of NFL games are still available on broadcast television.
Persons: Roger Goodell, CNBC's, Goodell, they'll Organizations: National Football League, NFL, Southern Hemisphere, Official NFL, Global, Miami Dolphins, Los Angeles Rams, Seattle Seahawks, CNBC, Fox, ESPN, ABC, CBS, YouTube, Netflix Locations: South America, Sao Paulo, Brazil, Europe, London, Germany, Argentina, Colombia, South Korea, Japan, Canada, Austria, Switzerland
Learn moreThe WNBA regular season is nearing its end, but there are still several exciting games left, including tonight's Lynx vs. Fever match-up. If you're hoping to watch Napheesa Collier and Caitlin Clark, you've come to the right place. Keep reading to learn where to watch the Minnesota Lynx vs. Indiana Fever. ET / 4:30 p.m. PTWhere to watch Minnesota Lynx vs. Indiana Fever in the USThe Minnesota Lynx vs. Indiana Fever game will tip-off on Friday, September 6, at 7:30 p.m. Check price at FuboHow to watch Minnesota Lynx vs. Indiana Fever from anywhereWNBA fans traveling away from home don't need to worry about missing out on tonight's game, thanks to the help of a VPN.
Persons: Napheesa Collier, Caitlin Clark, you've, Collier, Clark, ExpressVPN Organizations: Business, WNBA, tonight's, Minnesota Lynx, Indiana Fever, Fever, Lynx, Angeles Sparks, Chicago Sky, ION, Indiana Locations: Both Minnesota, Indiana, Indianapolis
We can't stress this enough — increasingly, the chief reason for some TV networks to exist is to transmit NFL games. And at Fox, NFL games and "shoulder programming" accounted for an astonishing 63% of the time viewers spent with the network. MoffettNathansonBut those trends should still worry both the NFL and the TV networks that pay it many billions of dollars every year. But to state the obvious: TV networks pay the NFL many billions of dollars because the NFL delivers TV eyeballs, not because it delivers Instagram eyeballs. And if younger viewers are starting to tune out of the NFL — again, like they have tuned out of everything else on TV — that's going to be a problem for the league and the TV guys.
Persons: , Robert Fishman, Per Fishman, NFL — Organizations: Service, NFL, Kansas City, Baltimore, Business, MoffettNathanson, CBS, Fox
The kind of support Jacob needs, including having someone available 24 hours a day, is upward of $9,000 a month. With this in mind, we knew we could not afford to have Jacob living in the facility. So, my wife and I instead considered building an accessory dwelling unit (ADU) in our backyard. One of these, Independent Living Services (ILS), provides a set number of hours a week for in-home assistance with Jacob. After moving out, he qualifies for Supported Living Services (SLS), which expands the number of hours he can get in-home support.
Persons: , Todd Kuchta, Jacob, we've, He's, Nicholas Miller, it's, Jacob's, Witnesses, Villa, Nicholas Miller Jacob Organizations: Service, Business, Autism, Villa, Redwood Credit Union, Raiders, Oakland, Living Services, Support Services Locations: Napa , California, Napa, California, Napa County
WASHINGTON — Eighty-eight current and former top executives from across corporate America have endorsed Vice President Kamala Harris for president in a new letter shared exclusively with CNBC. Among the signers are several high-profile CEOs of public companies, including Aaron Levie of Box , Jeremy Stoppelman of Yelp and Michael Lynton, chairman of Snap . Other signers appear to be issuing their first public endorsements of Harris since she became the de facto Democratic nominee in July. They include James Murdoch, former CEO of 21st Century Fox and an heir to the Murdoch family media empire, and crypto executive Chris Larsen, co-founder of the Ripple blockchain platform. Still more are prominent in Silicon Valley, including the venture capitalist Ron Conway, entrepreneur Mark Cuban and former LinkedIn CEO Reid Hoffman.
Persons: WASHINGTON —, Kamala Harris, Aaron Levie, Jeremy Stoppelman, Yelp, Michael Lynton, Harris, James Murdoch, Murdoch, Chris Larsen, Lynn Forester de Rothschild, José E, Feliciano, Twilio, Jeff Lawson, Ted Leonsis, Kleiner Perkins, John Doerr, Deven Parekh, Jeffrey Katzenberg, Wndr, Laurene Powell Jobs, Dustin Moskovitz, Magic Johnson, Tony James, Blackstone, Bruce Heyman, Goldman Sachs, Peter Orszag, Steve Westly, Ron Conway, Mark Cuban, Reid Hoffman Organizations: WASHINGTON, CNBC, Democratic, Century Fox, Washington Wizards, WNBA's Mystics, NHL's Washington Capitals, Walt Disney Studios, Facebook, NBA Hall of Famer, Jefferson, Lazard, Westly, Tesla Locations: America, California, Capital, Silicon Valley
We'll show you where to watch the Packers vs. Eagles from around the world. Unlike last night's game and many others this season, the Packers vs. Eagles match-up will be available exclusively on Peacock in the US. Don't forget to bookmark our how to watch NFL games streaming guide for more information. Where to watch Packers vs. Eagles in the USAs mentioned above, the Packers vs. Eagles game will be available on Peacock in the US. Regions like the UK can watch the Packers vs. Eagles on DAZN's NFL Game Pass.
Persons: Peacock, We've, you'll, They're, ExpressVPN Organizations: Business, NFL, Green Bay Packers, Philadelphia Eagles, Packers, Eagles, NBC, Sunday, Peacock, Football, DAZN's Locations: DAZN, Regions, United States, China
watch nowA National Football League team today is a $6.5 billion business. That is the average value of the NFL's 32 franchises, according to CNBC's Official 2024 NFL Team Valuations. Across the past 10 NFL teams to be sold, seven of the 10 outperform the S&P 500 on a percentage-gained basis in the period since the sale. Rising valuationsThe escalation in football team values is largely the result of the league's massive and growing media deals. The typical NFL team has an EBITDA margin of 19%.
Persons: Robert McNair, That's, Peacock, Taylor Swift, Allen J, Tampa Bay's Raymond James, Ryan Flournoy, Matt Hankins, Ron Jenkins, Rob Walton, Josh Harris, Jerry Jones, Jones Organizations: National Football League, Pro, Houston Texans, NFL, Texans, Super, Washington, Denver Broncos —, Miami Dolphins, Comcast, Disney, Paramount, Fox, YouTube, NFL Sunday, Amazon Prime, Thursday, Netflix, CNBC, ESPN, Chicago Bears, Minnesota Vikings, Soldier, Kansas City Chiefs, Los Angeles Times, Getty, Tampa, New England's Gillette, Lincoln Financial, Dolphins, Dallas Cowboys, Los Angeles Chargers, T, Denver Broncos, Tampa Bay Buccaneers, Cowboys, The Cowboys, Dallas Locations: U.S, Chicago, Green Bay ; Wisconsin, Buffalo , New York, New York, Los Angeles, Inglewood , California, Arlington , Texas
We've outlined everything you need to know about where to watch the Paralympics around the world, including free streaming options. Check price at Peacock TVWhere to watch the Paralympics in the UKThe Paralympics will live stream for free on Channel 4 Sport's YouTube channel in the United Kingdom. Where to watch the Paralympics in AustraliaAs with the Olympics, the Paralympics will be shown for free on 9Now in Australia. Where to watch the Paralympics in FranceThe Paralympics will live stream for free on France.TV in France. You can still keep up with your free live streaming options using a VPN (virtual private network).
Persons: Hunter Woodhall, Johannes, Stan Sport, AWST, Peacock, ExpressVPN Organizations: Business, Paralympics, Paralympic Committee, IPC, YouTube, Sunday, NBC, Olympics, Channel Locations: Paris, ExpressVPN, United States, United Kingdom, Australia, France, 9Now
Last week, NFL team owners voted to allow an initial group of private equity firms to acquire up to a 10% stake of a franchise. "This isn't a case where private equity is going to come in and have influence on the franchise." Private equity has been eager to take stakes in sports as team valuations rise, mainly due to ballooning media rights deals. As investors, private equity firms often take management and board roles. Private equity investments typically have a set duration — it can range from three to seven years in many cases — and an expected return.
Persons: Ric Tapia, Steve Pagliuca, Shirin Malkani, Perkins, Anthony Mulrain, Toney, Angela Weiss, Michael Considine, Ellis, Jimmy Haslam, Mulrain, Eric Washington, Robin Alam Organizations: NFL, Los Angeles Rams, Houston Texans, NRG, Getty, National Football League, Bain Capital, CNBC, Washington, Denver Broncos, Carolina Panthers, Holland, Kansas City Chiefs, Philadelphia Eagles, Farm, Afp, National Basketball Association, Major League Baseball, National Hockey League, Major League Soccer, Kirkland, Cleveland Browns, Knight's, Buffalo Bills, Microsoft Locations: Houston, U.S, Glendale , Arizona, Holland
I live in the great state of New York, where online sports gambling has been legal since 2022. Different state, different gambling rulesMy trash-chute gambling pilgrimage is specific to me, but it represents one of the many quirks of the legalized gambling industry. When you're in New York, you're not allowed to bet on in-state colleges. Leagues love gambling, until they don'tBut what makes this new era of sports gambling particularly confusing is the relationship between sportsbooks and the leagues they're setting lines for. Yet despite all the promotion (and sponsorship money) touting sports gambling, athletes betting on their own games is still very much banned.
Persons: , it's, York's, Pete Rose, LeBron James, Connor McDavid, Jayden Daniels, Malik Nabers Organizations: Service, Business, Syracuse University, Leagues, NFL, NBA, MLB, NHL, sportsbooks, Sports, ESPN, ESPN Bet Locations: New York, Connecticut, Illinois, sportsbooks
Welcome to the kickoff of CNBC's first-ever Official NFL Team Valuations. Here we rank professional football teams on overall franchise value, calculated by CNBC senior sports reporter Michael Ozanian. The rankings factor in a team's revenue, profit and debt to match up the 32 clubs ahead of the start to the NFL season. Today, an NFL team is worth an average of $6.49 billion, representing major returns for league owners. With global sports business booming and private equity investors finally off the NFL sidelines, where does your team rank among professional football's most valuable franchises?
Persons: CNBC's, Michael Ozanian, Taylor Swift's Organizations: NFL, CNBC, Dallas Cowboys, Los Angeles Rams, Los Angeles Chargers
watch nowWhen Jerry Jones plunked down $150 million to buy the Dallas Cowboys in 1989, the team was losing $1 million a month, according to Jones. The Cowboys are the most profitable in the NFL, posting EBITDA of $550 million last season, $300 million more than the New England Patriots, the second-most profitable NFL team, according to CNBC's list. In 1995, Jones signed a 10-year, $40 million deal with Pepsi-Cola and made a $2.5 million a year, 10-year deal with Nike. The value of the Cowboys' sponsorship deals has ballooned over the years. But there is no doubt he created the economic blueprint for an NFL team.
Persons: Jerry Jones plunked, Jones, DaRon Bland, Ron Jenkins, Tom Landry, Jimmy Johnson, Herschel Walker, Emmitt Smith, Darren Woodson, Barry Switzer, Jason Robins, Ryan Kang, Mike Tyson Organizations: Dallas Cowboys, Texas, Cowboys, National Football League, Los Angeles Rams, NFL, New England Patriots, Washington, T, Arkansas, CNBC, American Express, Pepsi, , Visa, Cola, Nike, NFL Properties, The Cowboys, Molson Coors, The Dallas Cowboys, Seattle Seahawks, AT, Super, Big, Professional Bull Riders, & $ Locations: Arlington , Texas, Texas, Arlington
NFL team sales are likely to stall as valuations soar
  + stars: | 2024-09-05 | by ( Alex Sherman | ) www.cnbc.com   time to read: +10 min
Abbie Parr | Getty Images Sport | Getty ImagesThe Seattle Seahawks may be the next National Football League team to sell. The average NFL team is now worth $6.49 billion, and no team is valued at less than $5.25 billion, according to CNBC's Official 2024 NFL Team Valuations. Seven of the last 10 NFL teams to be sold outperform the S&P 500 on a percentage-gained basis since the sale. Each of the last four NFL team sales has set a new record, showcasing the rise in valuations. WATCH: New England Patriots owner Robert Kraft on new NFL private equity ruleswatch now
Persons: Abbie Parr, Paul Allen, Allen's, Jody, Marc Ganis, Roger Goodell, It's, There's, Neal Pilson, That's, Ganis, , Daniel Snyder, Josh Harris, Terry Pegula, Kim, Ralph Wilson, David Tepper's, Jerry Richardson, Rob Walton, Pat Bowlen, Virginia Halas McCaskey, George Halas, McCaskey, George McCaskey, They're, Goodell, Curtis Martin, Tracy Gallagher, Gallagher, Robert Kraft, Kraft Organizations: Getty, Seattle Seahawks, National Football League, Former Seahawks, Microsoft, NFL, Disney, National Basketball Association, Netflix, CBS Sports, Pilson Communications, NBA, Washington, Philadelphia 76ers, National Hockey League's New Jersey Devils, Billionaire, Buffalo Bills, Carolina Panthers, Panthers, Walmart, Denver Broncos, Bills, Broncos, Chicago Bears, Bears, The Miami Dolphins, Los Angeles Chargers, Ares Management, Sixth Street Partners, Arctos Partners, Equity, Blackstone, Carlyle Group, Capital Partners, Arta Finance, NHL, Major League Baseball, New England Patriots, CNBC Locations: U.S, Spain, Germany, Brazil
Check out the companies making headlines in premarket trading: C3.ai — The technology stock tumbled 19.2% after posting weaker-than-expected subscription revenue during the company's fiscal first quarter. C3.ai posted $73.5 million for the top line, while analysts polled by FactSet had penciled in $79.2 million. JetBlue said to expect somewhere between a loss of 2.5% and a gain of 1% relative to the same period a year ago. Verint earned an adjusted 49 cents per share on $210 million in revenue, while analysts surveyed by LSEG had anticipated 53 cents in earnings per share and $213 million in revenue. The company also announced it would be cutting 15% of its workforce and guided for fiscal third-quarter revenue much below analysts' forecasts.
Persons: FactSet, Tesla, Topgolf Callaway, Topgolf, Verint, LSEG, ChargePoint, Copart, Dick's, StoneCo, Morgan Stanley, , Samantha Subin, Lisa Han, Sarah Min Organizations: Verizon, Frontier Communications, Frontier, JetBlue —, JetBlue, Callaway, Hewlett Packard Enterprise, Systems, Management, Dick's, Goods, JPMorgan Locations: Europe, China
Executives at ESPN and Penn Entertainment hope that's true of ESPN Bet, which will soon debut in the Big Apple as football season heats up. The company hopes its massive platform and popular talent will attract new users to ESPN Bet. A far lower spend rate than its peers drove the service's market share below 4% in the first quarter of 2024, BofA estimated. In those states, ESPN Bet's share is generally between 3% and 6%. AdvertisementThat gives ESPN's namesake betting app a big advantage, but it's unclear whether that will be enough in the ruthless sports betting market.
Persons: , Frank Sinatra, Mike Morrison, ESPN's, Penn, Chris Grove, Penn didn't, Grove, Dan Wasiolek, Wasiolek, Bet365, ESPN Bet shouldn't Organizations: Service, New, ESPN, Penn Entertainment, ESPN Bet, Apple, Business, Industry, NFL, Krejcik, Penn, Bank of America, Morningstar, Sports Locations: New York, Pennsylvania
In 2021, the National Football League signed an 11-year, $111 billion media rights deal. In July, the National Basketball Association signed an 11-year, $77 billion deal of its own. Welcome to the sports media rights doldrums. It will also be a significant driver of future NFL team valuations. The average NFL team is now worth $6.49 billion, according to CNBC's Official 2024 NFL Team Valuations.
Persons: What's, Daniel Cohen Organizations: ESPN, Jacksonville Jaguars, Cincinnati Bengals, EverBank, National Football League, National Basketball Association, U.S, NFL, Octagon, Sunday, Fox, Paramount, CBS, Apple, YouTube Locations: Jacksonville, Fl
Mr. Ford kept their daughter at home to ensure Ms. Ford wouldn’t tell anyone in the emergency room how Robert’s injury happened. Ms. Ford, now 65, is serving a sentence of life without parole at the Central California Women’s Facility in Chowchilla. Leigh Goodmark, the author of the book “Imperfect Victims,” said that self-defense law imagines two parties of equal strength, size, weight and physical capability. But where self-defense law really fails to capture a woman’s experience is around the question of imminence. For women like Ms. Ford, Ms. Ayobi and many others, killing their way out of a relationship was an act of salvation — for themselves, for their children.
Persons: Anita Ford, Barry Ford, They’d, Robert, they’d, she’d, didn’t, wouldn’t, Ford, Ford’s, ” Mr, Debra Gomes, “ It’s, , I’m, , George Wright, Wright, — Lionel Cashman, John Aldridge —, Aldridge, Cashman, Ms, , Theresa Jones, Caroline Light, Michal Goldstein, Agatha Nyarko, they’ve, Cynthia Gillespie, doggedly, Gillespie, Leigh Goodmark, Nancy Grigsby, She’s, ” Ms, Grigsby, she’s, Shajia Ayobi, Ghulam Ayobi, Ayobi, Masiula, he’d, Debbie Mukamal, Andrea Cimino, what’s, proctors, proctor, we’d, Weeks, Miranda Gallegos, Janeen Snyder, Debby Saravia, Jamie Monroe, Malinda Jones, Mukamal, We’re, Lenore Walker, Walker, Karla Porter, Porter, It’s, Michal Buchhandler, Raphael, Mary Anne Franks, shouldn’t, Angelique Lyn Lavallee, Kevin Rust, Bertha Wilson, , Justice Wilson, Elizabeth Sheehy, George Zimmerman, Kyle Rittenhouse Organizations: Defense, Fords, Stanford, School’s Criminal, Center, Central, Central California Women’s, National Commission, An Ohio Supreme, Northwest Women’s Law Center, Violence Network, Ford, Stanford Criminal Justice Center, California Institution, Women, Research, Widener University, George Washington University, University of Ottawa Faculty of Law Locations: United States, Central California, Chowchilla, Mexico, Huntington Beach, Calif, Lakewood, An Ohio, Florida, Seattle, Ohio, Afghanistan, Sacramento, Canada, California, manila, Chino Hills, Los Angeles, D.U.I.s, San Jose, Maryland, New York , California, Oklahoma
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Pay-TV distributors — that's conventional cable guys like Comcast, satellite-TV outfits like DirecTV, and digital alternatives like YouTube TV — lost 1.6 million subscribers in the second quarter of 2024, according to analysts at MoffettNathanson. But not as bad as other Q2s, like in 2023, when the industry lost 1.7 million subscribers, or in 2022, when it lost 1.8 million subs. And in other good news for the TV industry … well, that's about it. That's why YouTube TV lost subscribers for the first time in the first quarter, and added only 50,000 subscribers in the second.
Persons: , MoffettNathanson's Craig Moffett, Michael Nathanson, we've, Nathanson, Venu, Warner, Fox —, Moffett, James Faris, Jimmy Pitaro Organizations: Service, Comcast, DirecTV, YouTube, Business, Hulu, Moffett, Warner Bros, Disney, Fox, ESPN, ABC
Read previewThis as-told-to essay is based on a conversation with Tyler Heppell, a fifth-generation farmer from Heppell's Potato Corporation in Canada. As a fourth-generation farmer at a 104-year-old potato farm in British Columbia, my dad thought he had hit the lottery when he had three sons. My plan was to work on my family's farm for a year while I figured out the next steps. I took a pay cut to return to the farmI made almost 200,000 Canadian dollars in sales, or around $150,000, in one year. I'm also in charge of all the truck drivers because the potato fields are about an hour from our farm.
Persons: , Tyler Heppell, I'm, Heppell, It's Organizations: Service, Heppell's Potato Corporation, Business, Fortune, Statistics Canada, Royal Bank of Canada Locations: Canada, British Columbia
U.S. adults will wager $35 billion this NFL season, according to projections from the American Gaming Association. Since last NFL season, Maine, North Carolina and Vermont have allowed sports betting operators to launch in their states. "The NFL season is our biggest acquisition period of the year," said Christian Genetski, president of FanDuel, the nation's leading sportsbook. Since then, Fanatics Sportsbook acquired PointsBet's U.S. operations and technology, which is now fully integrated. It first launched in November last year, smack in the middle of NFL season.
Persons: Joe Milton III, Kyu Blu Kelly, Scott Taetsch, Churchill, Christian Genetski, FanDuel, It's, Michael Rubin's, Sportsbook, Pavlo Gonchar, Matt King, King, DraftKings, Penn, Jay Snowden, Gabby Jones Organizations: New England Patriots scrambles, Getty, American Gaming Association, National Football League, NFL, International, Caesars, MGM Resorts, New York Stock Exchange, Rush Street Interactive, FanDuel, YouTube, PointsBet's, Lightrocket, CNBC, Penn Entertainment, ESPN Bet, Disney, ESPN, Bloomberg Locations: Landover , Maryland, Maine, North Carolina, Vermont, Florida, Washington, Penn, Entain, New York
New York CNN —For DirecTV subscribers frustrated by the loss of ESPN and other Disney-owned channels, the TV provider is offering some compensation as the blackout stretches into its third day. The company is offering credits of at least $20 to customers who have DirecTV, DirecTV Stream and U-Verse services — but customers won’t get the credit automatically. They must go to a special website and apply for it using their account’s email, and the credit will show up on a future bill. “We’re pursuing every avenue to get your station back,” DirecTV said on the website. “The Walt Disney Co. is once again refusing any accountability to consumers, distribution partners, and now the American judicial system,” Rob Thun, chief content officer at DirecTV, said in a previous statement.
Persons: won’t, “ We’re, , Rob Thun, it’s, CNN’s Liam Reilly Organizations: New, New York CNN —, DirecTV, ESPN, Disney, NFL, US, ABC, Walt Disney Co, CNN Locations: New York, Chicago, Los Angeles, American
Ric Tapia | Getty Images Sport | Getty ImagesSports team owners benefiting from soaring team values are also facing new pressure from two of the oldest certainties in American wealth: death and taxes. With the average age of team owners rising, and team values skyrocketing into the billions, owners and leagues are increasingly focused on how to ensure smooth ownership transitions to the next generation of buyers. Succession and taxes have become especially important in the National Football League, where the average age of team owners is now over 72 and team values are all surging. The average NFL team is now worth $6.49 billion, and no team is valued at less than $5.25 billion, according to CNBC's Official 2024 NFL Team Valuations. So owners have to be planning for the potential for more punitive estate taxes in the coming years.
Persons: Ric Tapia, Stephen Amdur, Pillsbury Winthrop Shaw Pittman, Robert Frank, Pat Bowlen, Rob Walton, Bud Adams, Grant Halverson, Amy Adams Strunk, Tom Benson, Gayle, Jonathan Bachman, Joe Robbie, George " Papa Bear, Halas, George Halas, Amdur, That's, Roger Goodell Organizations: NFL, Los Angeles Rams, Houston Texans, NRG, Getty, Sports, Pillsbury, National Football League, Former Denver Broncos, Tennessee Titans, Minnesota Vikings, Getty Images Tennessee Titans, Longtime New Orleans Saints, National Basketball, New Orleans Pelicans, New, New Orleans Saints, Mercedes, Benz, Miami Dolphins, NBA, Chicago Bears, Bettmann Locations: Houston, Nashville , Tennessee, New Orleans, New Orleans , Louisiana
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