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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
Davis, 51, was flying with his wife, two sons and daughter when one of the sons asked for a cup of ice during beverage service, Davis wrote. A flight attendant “either didn’t hear or ignored his request and continued past our row,” the post read. “I calmly reached behind me and lightly tapped (the attendant’s) arm to get his attention to again ask for a cup of ice for my son,” Davis wrote. “During questioning, it was rightfully determined by the agents that this flight attendant was inaccurate in his accusations and the agents profusely apologized,” Davis wrote. United Airlines has “removed the flight attendant from duty while we closely review this matter,” the company said in an email to CNN on Monday evening.
Persons: CNN — Pro Football Hall of Famer Terrell Davis, Davis, , , ” Davis, ‘ Don’t, , John Wayne, Laura Eimiller, ” Parker Stinar, ” Stinar, Bowler Organizations: CNN — Pro Football Hall of Famer, United Airlines, Denver Broncos, FBI, Orange, John, John Wayne Airport, CNN, ” United Airlines, NFL, Broncos, Green Bay Packers, Pro Football Hall of Fame Locations: Denver, Orange County, Angeles, Chicago
NFL trade roundup: Commanders sell; Vikings add QB Josh Dobbs
  + stars: | 2023-10-31 | by ( ) www.reuters.com   time to read: +10 min
ET deadline:--The Minnesota Vikings acquired quarterback Josh Dobbs and a 2024 seventh-round pick from the Arizona Cardinals for a 2024 sixth-round draft choice. --The Vikings also dealt left guard Ezra Cleveland to the AFC South-leading Jacksonville Jaguars in exchange for a sixth-round draft pick, per multiple reports. Cleveland was a second-round draft pick by the Vikings in 2020, and he started all 17 games in both 2021 and 2022. Cleveland was a second-round draft pick by the Vikings in 2020, and he started all 17 games in both 2021 and 2022. --The Buffalo Bills acquired veteran cornerback Rasul Douglas and a fifth-round draft pick from the Green Bay Packers in exchange for a third-rounder on Tuesday, NFL Network and The Athletic reported.
Persons: Joshua Dobbs, Matt Kartozian, Montez Sweat, Chase Young, Josh Harris, Young, Nick Bosa, Bosa, Washington, Jonathan Allen, Daron Payne, Josh Dobbs, Kirk Cousins, Dobbs, Kyler Murray, Ezra Cleveland, Dalton Risner, Donovan Peoples, Jones, Dan Campbell, Rasul Douglas, Douglas, Tre'Davious White, Jordan Love's, Aaron Rodgers Organizations: Arizona Cardinals, Baltimore Ravens, Washington Commanders, NFL, Chicago Bears, San Francisco 49ers, Young, NBA's Philadelphia 76ers, Washington, 49ers, Ohio State, Minnesota Vikings, Vikings, The Cleveland Browns, Cardinals, Arizona, Pittsburgh Steelers, Tennessee Titans, AFC, Jacksonville Jaguars, Denver Broncos, Detroit Lions, Browns, Peoples, Michigan, Lions, Cleveland, Buffalo Bills, Green Bay Packers, NFL Network, The Athletic, Packers, AFC East, Thomson Locations: Glendale , Arizona, USA, Young's, Ohio, Arizona, Minnesota, Cleveland, Detroit, Green, Buffalo
Former Denver Broncos running back Ronnie Hillman, who helped the team win Super Bowl 50, died from a rare form of cancer, his family said Wednesday in a statement on Instagram. “It is with heavy hearts that we announce the passing of our beloved son, brother & father, Ronnie K Hillman Jr.,” the family said in the post. “Ronnie quietly and peacefully transitioned today in the company of his family and close friends. “As a family, we hope beyond hope, and we have faith that can move mountains,” the statement said in part. He played the first four seasons of his career with Denver, helping the team win the Super Bowl in the 2015 season.
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