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Insider Today: America's billionaire hub
  + stars: | 2024-10-19 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +6 min
This post originally appeared in the Insider Today newsletter. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. European manufacturers are trying to claw back some of the market share of electric vehicles from their Chinese competitors. AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.
Persons: , Siri, James Bond, Tom Carter, Ram, Fiat —, Leapmotor, Carlos Tavares, Joey Hadden, Jackson, It's, BI's Joey Hadden, Taylor, Chelsea Jia Feng, Taylor Swift, Swift, she'll, Konrad Krajewski, Uber, Priyanka Rajput, Troy Aikman, Anna Kendrick, Jason Segel, Harrison Ford, Peacock, Elisabeth Finch, Rebecca Zisser, We've, grout, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen, Grace Lett Organizations: Business, Service, Getty, BYD's, Paris, European Union, Jeep, Fiat, Economic Policy Institute, Target, BI, NFL, Apple, Netflix Locations: London, China, Jackson Hole , Wyoming, York City, Manhattan, LaGuardia, ozina, caked, Patagonia, New York City, New York, Chicago
Former NFL quarterback Jay Cutler was arrested Thursday following a minor crash in downtown Franklin, Tennessee, according to the Franklin Police Department. Cutler was taken into custody by police and a blood search warrant was obtained at a nearby medical center. Cutler was booked into Williamson County Jail and released on $5,000 bond, according to police. Kristin Cavallari and Jay Cutler in Chicago, in 2019. Cutler and Cavallari share three children together, two boys and a girl.
Persons: Jay Cutler, Cutler, Kristin Cavallari, Timothy Hiatt, Cavallari Organizations: NFL, Franklin Police Department, GMC, Chicago Bears Locations: Franklin , Tennessee, Williamson County, White, Chicago
The death of Hamas leader Yahya Sinwar opens a window of opportunity for Israel to end the war in Gaza. The Texas Supreme Court halted the execution of an inmate in a “shaken baby syndrome” case. The length of the stay was not specified but the state Supreme Court wrote in the opinion that the lower court should act swiftly. NOAA issues winter weather forecast as Phoenix finally snaps heat streakParts of Washington state saw the first bouts of snowfall this season, a preview of what’s expected for the region this winter. While forecasters are looking ahead to winter, Phoenix, until Tuesday, had been trapped in a summer that wouldn’t end.
Persons: Yahya Sinwar, Rob Gronkowski, Netanyahu, Sinwar, Ismail Haniyeh, Benjamin Netanyahu, , Bruce Riedel, Biden, Antony Blinken, Aaron David Miller, ” Miller, Robert Roberson, Roberson, Read, , Amanda Hernandez, Trump, Donald Trump, Roe, Wade, Aquilino Gonell, Kamala Harris ’, Joe Biden, Elon Musk, Harris, Mark Cuban, ➡️ Harris, Sen, John McCain, it’s, ➡️ Tim Walz, Mitch McConnell, ➡️, Liam Payne’s, Liam Payne, Luciano Gonzalez, Helene, Laith Wallschleger, Aaron Hernandez, Travis Kelce, Brian Urlacher, JJ Watt, ” Wallschleger, Greg Rosenstein, Elizabeth Robinson Organizations: The Texas Supreme, Israel, Israeli, CIA, Carnegie Endowment, International, Texas Supreme, Texas Department, Criminal Justice, NOAA, Phoenix, Atmospheric Administration, U.S . Capitol, Fox News, Univision, Capitol Police, House, ➡️, Elon, Trump . ➡️, Trump, NBC News, Anadolu, Getty, Apalachee High School, NFL, NBC Locations: Israel, Gaza, The, U.S, Texas, Washington, Phoenix, Arizona, British, Buenos Aires, Argentina, Dallas, Georgia, FX’s
CNN —Former National Football League (NFL) quarterback Jay Cutler was arrested and charged with driving under the influence and possession of a firearm, among other charges, after police say the car he was driving rear-ended another vehicle in Franklin, Tennessee, on Thursday. According to the police report, Cutler attempted to flee the scene after offering the other driver $2,000 not to call the police. Cutler was charged with DUI-first offense, failure to exercise due care to avoid a collision, implied consent, possession of a handgun-under the influence, according to police. Former NFL quarterback Jay Cutler arrested and charged with DUI and gun possession The Franklin Police DepartmentFranklin police say the 41-year-old was booked into the Williamson County Jail. In 2020, Cutler and then wife, reality TV star Kristen Cavallari, announced they would be getting divorced after 10 years together.
Persons: Jay Cutler, Cutler, Kristen Cavallari, Camden Jack, Jaxon Wyatt, Saylor James Organizations: CNN, Former National Football League, Franklin Police Department, Former NFL, Franklin Police Department Franklin, Vanderbilt University, Denver Broncos, Bears, Broncos, Miami Dolphins, NFL Locations: Franklin , Tennessee, Williamson, Denver, Chicago
Plasma exchange therapy is gaining popularity as a wellness trend among longevity-seekers. AdvertisementA medical treatment used for health emergencies and autoimmune disorders is becoming the hot new wellness trend for CEOs, athletes, and other longevity-seekers. He told Business Insider it helps remove toxins, some related to aging, that accumulate over time. Should you get a plasma exchange for longevity? Undergoing plasma treatment at a longevity clinic may not make sense for several reasons.
Persons: , Bryan Johnson, Peter Diamandis, Troy Aikman, Jonathann Kuo, Kuo, Brian Adkins, Adkins, Ryan Marino, Johnson, It's, Marino Organizations: Service, NFL, Extension Health, Conboy, University of California, University of Texas Southwestern Medical Center, Case Western Reserve University School of Medicine Locations: Berkeley, Barre
Tom Brady has won the NFL's approval to acquire a minority stake in the Las Vegas Raiders. AdvertisementTom Brady — the star quarterback and seven-time Super Bowl champion — has been approved to acquire a 5% stake in the Las Vegas Raiders, a source close to Brady and an NFL source have confirmed to Business Insider. Brady was first reported to be eyeing a stake in the franchise in May 2023, soon after he retired from the league. AdvertisementThe purchase will make Brady the owner of two Las Vegas teams. In March, he bought a minority share of the WNBA's Las Vegas Aces.
Persons: Tom Brady, , Tom Brady —, Brady, Tom Wagner, Richard Seymour, Mark Davis, He's, Leigh Steinberg Organizations: Las Vegas Raiders, NFL, Service, Business, National Football League, Knighthead, CNBC, The Washington Post, Las Vegas, Las Vegas Aces, Aces, Raiders, Steinberg Sports, Entertainment Holdings, Fox Sports, Press Locations: Brady
Las Vegas Raiders owner Mark Davis walks off the field with former NFL quarterback Tom Brady before the preseason game between the Dallas Cowboys and the Las Vegas Raiders at AT&T Stadium in Arlington, Texas, on Aug. 26, 2023. National Football League owners are expected to approve Tom Brady as minority owner of the Las Vegas Raiders on Tuesday, a person familiar with the matter told CNBC. After he first retired from the NFL, Brady signed a 10-year, $375 million broadcasting deal with Fox Sports in 2022. The five-time Super Bowl MVP is not new to the Las Vegas sports scene. He is also a minority owner of the Women's National Basketball Association's Las Vegas Aces, which, like the Raiders, is owned by Mark Davis.
Persons: Mark Davis, Tom Brady, Tom Wagner, Brady, Wagner Organizations: Las Vegas Raiders, NFL, Dallas Cowboys, T, National Football League, CNBC, Raiders, Knighthead, Allegiant, Fox Sports, Las, Las Vegas Aces Locations: Arlington , Texas, Atlanta, Oakland, Las Vegas
Mankato, Minnesota CNN —As a high school marching band played a rendition of Neil Diamond’s “Sweet Caroline,” Minnesota Gov. Tim Walz walked down the 50-yard line at Friday’s crosstown rivalry football game between Mankato East High School and Mankato West High School. After the coin toss, Walz took a seat on the bleachers, where he took selfies and signed autographs alongside his mother, Darlene Walz. The governor cheered throughout the game as Mankato West took an early lead, and although he departed at halftime, Mankato West held on to win 28-7. Before the game, Tim Walz stopped by Mankato West to greet players as they left for the stadium and speak to old colleagues.
Persons: Neil Diamond’s “, Caroline, , Tim Walz, Mankato West High School . Walz, Walz, selfies, Darlene Walz, Gwen, Harris, Kamala Harris, Coach Walz, he’d, , ” Walz, Michael Strahan, Donald Trump, Walz’s, Sarah Manes, ” Richelle Norton, Gov . Walz, Gwen Walz, I’m, ’ ” Norton, Sherri Blasing, ” Blasing Organizations: Minnesota CNN, ” Minnesota Gov, Mankato East High School, Mankato West High School, , Minnesota State University, Mankato’s, Mankato West, Minnesota Gov, Democratic, Mankato, National Guard, Beretta, CNN, NFL, Pew Research Center, WPVI News, Gov Locations: Mankato, Minnesota, ” Minnesota, Eye , Minnesota, Philadelphia, China
In today’s edition, senior White House reporter Peter Nicholas looks at where Kamala Harris' campaign thinks it can pick up support with the vice president's media blitz this week. Plus, senior political editor Mark Murray breaks down how Harris and Trump voters think "change" means very different things this election. They want to see her more, and we’re engaging with that and want to continue to do that,” a Harris campaign aide said. One of the sources described the Keystone State as a “problem spot” for the Harris campaign. Read more → Follow live updates from the campaign trail →That’s all from the Politics Desk for now.
Persons: Peter Nicholas, Kamala Harris, Mark Murray, Harris, Peter Nicholas Vice, Howard, Stephen Colbert’s “, “ We’ve, , Donald Trump’s, Miller, Colbert, she’s, ” Harris, Floridians, CBS’s, Trump, Read, Peter → 📈, hite, tate, ord, ake, rump., ike “, Rea, usk., shaw Organizations: NBC, White House, Capitol, Trump voters, CBS, Democratic, Weather Channel, CNN, Univision, USA, Suffolk University, aig Locations: Hurricane Milton, Las Vegas, Nevada, Arizona, ord, osh
CNN —Former NFL stars Chad “Ochocinco” Johnson and James Harrison will fight in an exhibition mixed martial arts (MMA) bout in New Orleans next year, the pair announced on social media Wednesday. Johnson first said it was a three-round bout before Harrison said it would actually last five rounds. The pair have already been exchanging barbs, with Johnson telling Harrison: “I’m gone beat yo a** in round 1 so don’t worry about the other 4. Harrison, meanwhile, enjoyed a 15-year NFL career, spent mostly with the Steelers. Harrison won two Super Bowl rings with the Pittsburgh Steelers.
Persons: CNN —, Chad “ Ochocinco ” Johnson, James Harrison, Johnson, , Harrison, “ I’m, ” Former Pittsburgh Steeler Harrison, won’t, Brian Maxwell, Floyd Mayweather Jr, Logan Paul, Carlos Goldman, AP Johnson, Pro Bowler, Matt Durisko Organizations: CNN, NFL, ” Former Pittsburgh Steeler, MMA, Miami Dolphins, AP, Cincinnati Bengals, New England Patriots, Pro Bowler, Steelers, Pittsburgh Steelers, Bengals, Patriots Locations: New Orleans,
Pierce, who served multiple roles, including associate head coach and recruiting coordinator, at ASU from 2017 to 2022, was sanctioned by the governing body for an alleged roughly year-long prohibited recruiting scheme. CNN has reached out to Pierce, the Raiders and ASU for comment. Pierce “consistently denied planning or arranging any portion of the visits, providing recruiting inducements, or participating in the out-of-state contacts and evaluations,” according to a NCAA press release. In the 67-page report, the NCAA provided what it described as multiple examples of the former Super Bowl Champion knowingly and repeatedly conducting forbidden recruiting violations. The NCAA has accused Antonio Pierce of recruiting violations while coaching at Arizona State University.
Persons: Antonio Pierce, Pierce, Pierce “, Arizona State University . Jordon Kelly, Anthony Garnett, Regina Jackson, Jayden Daniels, Jackson, , , Jones, Organizations: CNN, Las Vegas Raiders, Arizona State University, ASU, NFL, Sun Devils, Raiders, NCAA, Super Bowl, Getty, Washington, , Broncos Locations: Garnett, Arizona, Denver
Ted Cruz of Texas and Rick Scott of Florida, with additional TV investments likely to come, according to the committee. “Senate Democrats are expanding the map and going on offense. That’s where Florida and Texas – which have been seen as relative long shots – come into play. Of the two states, Texas – which is at No. 9 on CNN’s ranking of flippable Senate seats – has been seen as a more viable target.
Persons: Ted Cruz of, Rick Scott of, Scott’s, Gary Peters, Cruz, Scott, Sen, Joe Manchin, Donald Trump, Trump, Larry Hogan, Joe Biden, Kamala Harris, Montana Sen, Jon Tester, overperform Harris, Nathan L, Gonzales, Amy Walter, , Colin Allred, Cruz –, Beto O’Rourke, Allred, Ted Cruz, , University of Texas –, Barack Obama, Hillary Clinton, Biden, Democratic Sen, Bill Nelson, Debbie Mucarsel, Powell, he’s, , Republicans ’, Val Demings, GOP Sen, Marco Rubio, CNN’s David Wright Organizations: CNN, Democratic, Democratic Senatorial, Republican Sens, Sens, Michigan Democrat, Democrats, GOP, White, Republicans, That’s, Democratic Rep, NFL, Senate, Baylor University, Texas Politics, University of Texas, Rep, Social Security Locations: Texas, Florida, Ted Cruz of Texas, Rick Scott of Florida, Sens, Cruz, Michigan, West Virginia, Montana and Ohio, Maryland, Montana, Dallas, AdImpact, Ecuador
The Summary Roughly one-third of former professional football players surveyed believe they have CTE, a study found. But the new research indicates that many former NFL players have experienced symptoms associated with CTE, including depression and cognitive difficulties. Roughly one-third of former professional football players surveyed believe they have chronic traumatic encephalopathy, according to a recent study. Evidence of it has been found in the brains of many former football players after death. “Most of the studies that have been done on CTE are much smaller studies on deceased players,” said Rachel Grashow, the lead author of the new study and director of epidemiological research initiatives at Harvard University’s Football Players Health Study.
Persons: CTE, , Rachel Grashow, Grashow, ” Grashow, Thor Stein, , Stein, ” Stein, Tua Tagovailoa Organizations: NFL, Harvard University’s Football, Football, National Football League Players Association, American Football League, National Football League, Boston, Miami Dolphins, Buffalo Bills, Indianapolis Colts
A school-privatization activist and frequent Fox News guest whose work has been praised by former President Donald Trump was placed on leave by his conservative nonprofit employer after reports that he had appeared in gay pornography videos surfaced. A person who resembles DeAngelis and performs under the name “Seth Rose” appears in at least three gay adult films on the pornography site GayHoopla dating to 2014. The existence of the videos was first reported last week by the blog Str8 Up Gay Porn, which shares gay porn and articles about sex. In more recent years, he has become a fierce advocate of “school choice,” which subsidizes private schools with public dollars. “It’s just so strange how the far left is so obsessed with inserting sexual topics into elementary schools,” DeAngelis said in the segment.
Persons: Donald Trump, Corey DeAngelis, Betsy DeVos, Rebekah Bydlak, , ” Bydlak, DeAngelis, Seth Rose ”, “ Seth Rose ”, Forbes, Carl Nassib, “ It’s, ” DeAngelis, , , ” Trump, “ Corey DeAngelis, JD Vance, Vance, Mike Johnson, Organizations: Fox News, American Federation for Children, University of Arkansas, Los Angeles Unified School District, NFL, Parental, Republican, Trump, American Federation for, NBC Locations: Israel
The Summary Brett Favre revealed on Tuesday that he has Parkinson's disease. Hall of Fame quarterback Brett Favre’s announcement that he has Parkinson’s disease is bringing renewed attention to the potential links between collision sports and a risk of brain disease. It definitely says something.”Neurologists who treated boxing legend Muhammad Ali concluded in 2022 that his medical history supported a diagnosis of young-onset Parkinson’s disease, but they could not link the disease to head trauma. Many former football players have been found to show signs of the brain disease, which can only be diagnosed post-mortem. Crutchfield said it’s important for players to take breaks after a head trauma to avoid more serious brain injuries.
Persons: Brett Favre, Brett Favre’s, Favre, , I’ve, Parkinson’s, ” Favre, Angelina Katsanis, AP Favre, , Shannon Shaffer, Hannah Bruce, Bruce, ” Neurologists, Muhammad Ali, Ali, Kevin Crutchfield, ’ ”, Crutchfield, Thor Stein, ” Stein, CTE, Stein Organizations: of Fame, NFL, POLITICO, AP, National Football League, Green Bay Packers, Army, , Cleveland Clinic, Rune Labs, Boston University Alzheimer’s Disease Research, Hackensack Meridian Health, Boston, CTE Locations: Mississippi, Parkinson’s
Brett Favre said he's recently been diagnosed with Parkinson's disease. Prevacus and its investors, including Favre, have been tied up in a Mississippi welfare fraud case. Go to newsletter preferences Thanks for signing up! AdvertisementFormer NFL star quarterback Brett Favre revealed during a congressional hearing on Tuesday that he had "recently been diagnosed with Parkinson's" — a neurodegenerative disease. "I'm sure you'll understand, while it's too late for me because I've recently been diagnosed with Parkinson's, this is also a cause dear to my heart."
Persons: Brett Favre, he's, Favre, , it's, I've Organizations: pharma, Service, NFL, Business Locations: Mississippi
Ben Higgins tried to parlay his Bachelor success into a political career, but the campaign didn't last long. The focus on Bachelor Nation also makes sense given the franchise's viewership is dominated by one of the most crucial swing votes of recent elections: white women. In the past two presidential elections, white women were the most closely split demographic subgroup tracked by major exit polls. In 2016, Donald Trump won over 52% of white women against Hillary Clinton's 43%, exit polls found, while Trump bested Joe Biden in 2020 among white women 55% to 44%. The overlap between the swingiest demographic and the "Bachelor" audience suggests Bachelor Nation has value to those who seek to lead our nation.
Persons: Ben Higgins, Charming, Higgins, He's, that's, Acierto, Young Sheldon, Joey Graziadei's, Graziadei, Doug Emhoff, Kamala Harris, Chad Kultgen, Lizzy Pace, Pace, Harris, Kultgen, Joey Graziadei, John Fleenor, Walz, Big, YouGov, Donald Trump, Hillary Clinton's, Trump, Joe Biden, Hulu —, they're, Natasha Scott, Reichel, Rose, Scott, Claire Fallon —, , Becca Kufrin's, Fallon, Emma Gray, Garrett Yrigoyen, Kufrin, Yrigoyen, — Colton Underwood, — Fallon, Matt James, Rachael Kirkconnell, James ', Chris Harrison, it's, Justine Kay, Charity Lawson —, Joe Biden's, he's, Juliana Kaplan, Andy Kiersz Organizations: Disney, ABC, NFL, Valentine's, White, Daily, Nation, Pew Research, Trump, Hulu, Girls, Bachelor Nation Locations: American, Colorado, America, Atlanta, Quinnipiac, Georgia, North Carolina, Hulu, Washington
It was the third diagnosed concussion of his NFL career after two back-to-back concussions in 2022. But precisely who goes on to have CTE or other long-term health issues after a head collision is somewhat of a mystery. “But not everyone who has repetitive concussions develop brain health problems later in life,” Rowson said. “But there are data, obviously, looking at populations of former NFL players that show they have a higher incidence of neurological disease than the general public,” Alberts said. A player’s return to fully practice or participate in an NFL game is dependent on medical clearance—including from independent doctors—always putting the player’s health first,” the NFL said.
Persons: Tua Tagovailoa, Damar Hamlin, Tagovailoa, Jasen, , Steve Rowson, ” Rowson, Dan Daneshvar, Daneshvar, Seau, Dave Duerson, Ray Easterling, Aaron Hernandez, Jay Alberts, ” Alberts, , ” Tagovailoa, I’d, It’s, Antonio Pierce, it’s, Chris Nowinski, “ It’s, , ” Nowinski Organizations: Miami Dolphins, Buffalo Bills, NFL, Virginia Tech, Harvard Medical School, Boston University CTE Center, Nature Communications, Cleveland Clinic, Las Vegas Raiders, NBC News
However, she said she missed out on her grandmother and mother speaking Spanish all the time, which prompted her to take Spanish lessons as an adult. "The biggest regret I have is not being able to speak fluent Spanish," Sánchez, a former helicopter pilot and news anchor, told Garcia. Advertisement"Now I am taking Spanish lessons, and my kids are taking lessons, because it's something I crave," said Sánchez, who has a son with former NFL player Tony Gonzalez and two teenagers with her ex-husband, Patrick Whitesell. Related storiesHowever, 78% of Latino adults said that it is not necessary to speak Spanish to be considered Latino, the same survey reported. AdvertisementSánchez didn't immediately respond to a request for comment from Business Insider sent outside business hours.
Persons: , Lauren Sánchez, Elle, Nina Garcia, Garcia, Sanchez, Sánchez, Tony Gonzalez, Patrick Whitesell, Jeff Bezos, Eve Longoria, we're, Longoria, Melissa Wells, Conz, Mariano Sigman, Sánchez didn't Organizations: Service, National Hispanic Heritage, Business, NFL, Amazon, Hollywood, Pew, Latina American, BI, Business Insider Locations: Albuquerque , New Mexico, Spanish, Cuban American, de los Muertos, United States
Brandon Copeland Copeland MediaBrandon Copeland is a former NFL linebacker turned coach. Brandon Copeland: Feeling unprepared for some of the major financial decisions in life. I think that's important to start to develop your stomach. I always break that down as, that's a lot of Chipotle burritos, that's a lot of dinners, that's a lot of time with my family at the water park. Brandon Copeland Copeland MediaGI: One of the first things that you encourage people to do in the book is say aloud to themselves, "I can be wealthy."
Persons: Brandon Copeland Copeland, Brandon Copeland Copeland Media Brandon Copeland, gravitates, , Cope, Copeland, Greg Iacurci, Brandon Copeland, That's, you've, Bloomberg —, I'm, it's Organizations: Brandon Copeland Copeland Media, NFL, National Football League, University of Pennsylvania's Wharton School, New York Jets, CNBC, Financial Wellness Advisory Board, Athletes.org, Orlando, Baltimore Ravens, NFL Players Association, Lions, Yahoo Finance, Wall Street Journal, Bloomberg Locations: isn't, New Jersey, Detroit
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
NFL owners voted Tuesday to allow private equity firms to take a maximum 10% stake in teams. The league has never allowed private equity investment before. No other league takes a percentage of the so-called carry — the percentage of a fund's investment profits that managers typically receive as compensation — for all private equity firms. The NFL has informally told investment firms that if they make a return on an investment, it wants a portion of the profits to be returned to the league. It was unclear if the NFL's plans to take a piece of profits would deter future investment from private equity.
Persons: Brock Purdy, Robert Kraft, CNBC's, Curtis Martin, Jake Piazza Organizations: San Francisco 49ers, Kansas City Chiefs, Super, National Football League, NFL, Major League Baseball, National Basketball Association, National Hockey League, New England Patriots, Ares Management, Sixth Street Partners, Arctos Partners, Dynasty Equity, Blackstone, Carlyle Group, Capital Partners Locations: Allegiant, Las Vegas
CNN —Jimmy Kimmel has shared why he recently turned down a request for him to host the Academy Awards next year for a fifth time. “It’s hard and it’s a lot of work and the show suffers a little bit to be honest,” he explained, referencing “Jimmy Kimmel Live.”“When I’m focused on the Oscars, I’m less focused on the show,” Kimmel continued. It was just too much last year.”Kimmel hosted the Academy Awards in 2017, 2018, 2023 and 2024. “You wind up pushing everything off till after the Oscars, and then you have to do everything you promised to do after the Oscars, after the Oscars,” Kimmel said of the gig. They just don’t want to do it.”“They say it’s a thankless job,” Kimmel said of hosting Hollywood’s biggest night.
Persons: Jimmy Kimmel, Gavin Newsom, Marshawn Lynch, Doug Hendrickson, Kimmel, , I’m, ” Kimmel, “ I’m, It’s, , John Mulaney Organizations: CNN, California, NFL
The "For the Birds" ad campaign for DirecTV emphasizes customers don't need a satellite dish anymore for service. Courtesy: DirecTVCoach Prime wants consumers to know they can watch DirecTV without a satellite dish. As pay TV distributors — both satellite and cable companies — have seen customers flee for streaming, DirecTV is trying to get the message out that a clunky satellite dish is no longer needed for its service. Satellite TV providers like DirecTV and EchoStar's Dish were once some of the biggest distributors of the TV bundle. Sticking with sportsThe "For the Birds" ad campaign for DirecTV emphasizes customers don't need a satellite dish anymore for service.
Persons: Deion Sanders, Steve Buscemi, Henry Winkler, Vince Torres, it's, Torres, Shedeur Sanders, , Winkler's Frank, Bobby, Buscemi, There's, Sanders, Tinker Bell, Cord, Pavlo Gonchar, Craig Moffett, what's, Moffett, DirecTV's Organizations: DirecTV, NFL, Colorado, Colorado Buffaloes, Nebraska Cornhuskers, Folsom, NBA, NHL, NCAA's Colorado Buffaloes, Lightrocket, Satellite, TPG, AT, Hulu, Sling, YouTube, Netflix, Comcast, Charter Communications Locations: Colorado, Boulder ,, New York City
“We are completely heartbroken to learn about the passing of Jacoby Jones,” the Ravens organization said in a statement. “The NFL is heartbroken to hear of the passing of Super Bowl champion Jacoby Jones,” the league said in a post on social media. Jones remains the only player to have a receiving touchdown and kickoff return touchdown in the same Super Bowl. Jones runs with the ball for a 56-yard touchdown against the San Francisco 49ers in the second quarter of Super Bowl XLVII. R.I.P Jacoby Jones.”
Persons: CNN — Jacoby Jones, Jones, Jacoby Jones, “ Jacoby, , ” Jones, , Vince Lombardi, Chris Graythen, Ray Lewis, Love, ” JJ Watt, R.I.P Jacoby Jones Organizations: CNN, Baltimore Ravens, Ravens, Houston Texans, NFL, Texans, Pittsburgh Steelers, San Diego Chargers, Los Angeles Chargers, Super Bowl, AFC Divisional, Denver Broncos, Super, San Francisco 49ers
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