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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
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
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
CNN —The Dallas Cowboys have become the first professional sports team to be valued at over $10 billion, according to Sportico’s 2024 NFL rankings that were released on Tuesday. The Cowboys, owned by Jerry Jones, were valued at $10.32 billion, far and away the most valuable franchise in the league and an increase of over a billion dollars on the previous estimate of $9.2 billion in February. The Cowboys remain immensely popular though, generating an estimated revenue of $1.2 billion in 2023, 50% higher than the second ranked NFL team, the Los Angeles Rams, according to Sportico. The Rams are valued at $7.79 billion and leapfrogged the New York Giants to take second place but are not in the same stratosphere as Dallas. Per Sportico’s research, the average NFL franchise is worth $5.93 billion, an improvement of 15.4% over last year, as the league continues to be the world’s most financially successful in any sport in terms of team value.
Persons: Jerry Jones, Jones, Dak, Brandon Sloter, Bill Belichick – Organizations: CNN, The Dallas Cowboys, The Cowboys, , Cowboys, Dallas, Green Bay Packers, NFC, NFL, Los Angeles Rams, Rams, New York Giants, The New England Patriots, San Francisco 49ers, Tampa Bay Buccaneers, Los Angeles Chargers, Cincinnati Bengals, Bengals Locations: Dak Prescott, , Dallas, The
“Whether you’re a professional athlete or a weekend warrior, you can’t prepare for game day on game day,” he said. This awareness helps you make better choices on game day. “For someone who has not participated in any sporting activity for quite some time, it’s crucial to start safely and effectively,” he noted, not waiting until game day to get going again. For instance, if you want to get back into playing golf, tennis or any other rotational sport, focus on mobility exercises that will improve rotation. Instead, focus on targeted strength and mobility exercises that promote control in end ranges of motion.
Persons: Dana Santas, you’re, Jason Glass, , Glass, Christophe Archambault, Bill Burgos, Paul Fournier, Ben White, Stuart MacFarlane, Fournier, Matt Nichol, Hendrik Organizations: Pain, CNN, PGA, Brazil, Getty, NBA, Los Angeles Dodgers, Major League Baseball, Arsenal, Los Angeles Rams, Arsenal FC, Olympic, German soccer, Borussia Dortmund, Nichol, CNN’s Locations: Nigerian, Bordeaux, France, AFP, Burgos, Thousand Oaks , California, German, Osaka, Japan
"I think it may be leading to some rethink into the consideration of letting private equity, as an example, or institutional investors into the NFL." While U.S. pro sports leagues had prohibited private equity investors previously, they've largely softened their stances in recent years, aside from letting any firm be a controlling owner of a team. "We've got a lot of interest in the private equity space," NFL Commissioner Roger Goodell said at the league's spring meeting in May. "We are making real progress on potential private equity. Ross Sorkin asked Harris if allowing private equity investors into sports would have any negative impacts on the teams or the league's overarching strategy as those investors look toward an exit.
Persons: Harris, Andrew Ross Sorkin, Magic Johnson, Eric Schmidt, David Blitzer, Jeff Bezos, Dan Snyder, Apollo Global Management —, Josh Harris, David Tepper, Rob Walton, Mat Ishbia, Joe Tsai, Steve Cohen, We've, Roger Goodell, Goodell, Ross Sorkin, Stanley Kroenke, I've, Kroenke Organizations: NFL, CNBC, Summit, Washington , D.C, Blackstone Group, 76ers, Devils, Amazon, NBA's Philadelphia 76ers, New Jersey Devils, Premier, Apollo Global Management, Washington Commanders, Carolina Panthers, Walmart, Denver Broncos, United Wholesale Mortgage, Phoenix Suns, Brooklyn Nets, New York Mets, MLB, Guggenheim Baseball Management, Los Angeles Dodgers, U.S, PE, NBA, Los Angeles Rams Locations: Washington ,
Fiske, 24, was drafted by the Los Angeles Rams in the second round of the 2024 NFL Draft on Friday evening. "I had never been around that much money," Fiske told MarketWatch last month. Together, they've discussed "how my financial life is going to change" upon signing an NFL contract, Fiske noted. "I'm putting money into mutual funds, index funds, high-yield savings accounts and maybe exploring new investment opportunities, too," he said, adding: "I also have a Roth IRA ... But that doesn't mean he won't splurge on a fun purchase: He's an avowed fan of Nike's Air Jordan 1 sneakers, for example.
Persons: Braden Fiske, , Fiske, you've, they've, Roth, he's Organizations: Los Angeles Rams, Florida State University, FSU, NFL, Roth IRA, Air, Honda Accord, CNBC
Whispering in the ears of the billionaires and celebrities doing the buying, however, are investment bankers. Like other sports bankers BI interviewed for our list of top sports bankers, he exemplified a good-humored, approachable attitude, including joking about his many sports allegiances. Related stories"Earlier in my career, I made the mistake of telling Bob Kraft that I was a New York Jets fan," Carey told BI recently. They're obsessive Jets fans, and they're just fans because I'm a Jets fan," Neville told BI. So that's why we'll be Jets fans forever."
Persons: it's, Goldman Sachs, Greg Carey, everyone's, Carey, Colin Neville's, he's, David Beckham, Steve Ballmer, Joe Tsai, Ballmer, Tsai, Neville, Andrew Kline, Kline, Bob Kraft, I'm, Robert Tilliss, There's, Abramovich, Vladimir Putin, Todd Boehly, Joe Lenehan, Michael Arougheti, David Rubenstein's, doesn't, there's Organizations: NBA, JPMorgan, Business, The, PJT Partners, Chelsea FC, Baltimore Orioles, Sports, Goldman, Endeavor, WWE, Microsoft, Beckham's, Los Angeles Clippers, Brooklyn Nets, Barclays Center, St, Louis Rams, Los Angeles Rams, Golden State Warriors, Miami Heat, Harvard, US Rugby National, Cal, New York Jets, BI, Patriots, Giants, Rays, Chelsea, Circle, Atlanta Hawks NBA, New York Mets, NFL, soccer's Premier League, Russian, Chelsea football, LA Dodgers, Yankees, Manchester United Games, Jets, we'll Locations: European, Los Angeles, Berkeley, Barcelona, Ukraine, New York
We've put together everything you need to know about how to watch the NFL Draft, including a free Round 1 live stream. How to watch the NFL Draft in the USThe NFL Draft will air on ABC, ESPN, and the NFL Network in the US. If you don't have cable, you can access these channels via live TV packages like Sling TV and Hulu + Live TV. Shop at HuluHow to watch the NFL Draft in the UKIf you don't mind staying up late on Thursday and Friday, you can catch the NFL Draft through Sky Sports in the UK. How to watch the NFL Draft in AustraliaYou can catch the NFL Draft a couple of different ways in Australia.
Persons: We've, Caleb Williams, Marvin Harrison Jr, Malik Nabers, Hulu's, There's, ExpressVPN Organizations: Business, NFL, Chicago Bears, Washington, New England Patriots, Louis Cardinals, Green Bay Packers, Los Angeles Rams, USC, LSU, ABC, ESPN, NFL Network, ESPN2, Hulu, Disney Plus, Sky Sports Locations: Detroit , Michigan, St, Caleb Williams , Ohio, Australia, Australian
Kline was drafted in 2000 by the St. Louis Rams (now the Los Angeles Rams). He was an offensive lineman until 2002, when he left the NFL after sustaining several concussions. The boutique Los Angeles firm focuses almost exclusively on sports dealmaking — though it also works on capital raises and makes its own investments. The firm's website says it has also advised on deals for franchises like the Golden State Warriors, the Miami Heat, the Los Angeles Dodgers, Bologna FC, and the San Francisco Giants. Kline works alongside Sean Clemens and Edwin Draughan, who focus on sports mergers and acquisitions.
Persons: Andrew Kline, Park Lane Andrew Kline, Lane Kline, Kline, Sean Clemens, Edwin Draughan Organizations: St, Louis Rams, Los Angeles Rams, NFL, Athletes ' Agency, Cincinnati Bengals, MLB's Cincinnati Reds, Sports Business, Golden State Warriors, Miami Heat, Los Angeles Dodgers, Bologna FC, San Francisco Giants, NCAA Locations: San Diego, Los Angeles, Angel
CNN —The 2024 NFL Draft has kicked off with the Chicago Bears selecting USC quarterback Caleb Williams with the first overall pick on Thursday night. Earlier Thursday, NFL spokesperson Brian McCarthy said on X 150,000 fans are in attendance at the draft. Here’s everything you need to know about the 2024 NFL Draft. How to watchThe 2024 NFL Draft will be held in Detroit across three days in the downtown area surrounding the Campus Martius Park and Hart Plaza. Pass-catching game-changersAccording to the NFL’s draft expert Daniel Jeremiah and his rankings of the 2024 draft prospects, three of the four best players are wide receivers, and 12 of the top 50 play the position.
Persons: Caleb Williams, Williams, Roger Goodell, Brian McCarthy, USC’s Williams, Kyler Murray, Tom Pennington, Justin Fields, Jayden Daniels, Daniels, Carolina’s Drake Maye, Maye, Lance Zierlein, shouldn’t, ” Daniels, Jonathan Bachman, Michael Penix Jr, JJ McCarthy, Bo Nix, Daniel Jeremiah, Marvin Harrison Jr, Pro Football Hall of Famer Marvin Harrison, Harrison Jr, Pro Bowler, Carmen Mandato, Zierlein, Rome, LSU’s Malik Nabers, Odunze, Larry Fitzgerald, Nabers, Justin Jefferson, Brian Thomas Jr, Adonai Mitchell, Xavier Worthy, Georgia’s Ladd McConkey Organizations: CNN, Chicago Bears, Bears, Hart, NFL Network, ESPN, ESPN2, ESPN Deportes, NFL, Heisman, USC, The Bears, Washington, LSU, New England Patriots, UNC, LSU Tigers, Atlanta Falcons, University of Washington, Minnesota Vikings, New York Jets, Michigan, Denver Broncos, Oregon, Pro Football Hall of Famer, Arizona Cardinals, Ohio State, Indianapolis Colts, New York Giants, of Famer, Getty, Los Angeles Chargers, Tennessee Titans, Las Vegas Raiders, New, New Orleans Saints, Seattle Seahawks, Jacksonville Jaguars, Cincinnati Bengals, Los Angeles Rams, Pittsburgh Steelers, Miami Dolphins, Philadelphia Eagles, Dallas Cowboys, Green Bay Packers, Tampa Bay Buccaneers, Buffalo Bills, Detroit Lions, Baltimore Ravens, San Francisco 49ers, Kansas City Chiefs Locations: Detroit, Baton Rouge, Texas, Carolina, New Orleans, Cleveland, Houston
Detroit is set to host the NFL draft next month, a decade after it went bankrupt. Mayor Mike Duggan told BI that he hopes the event will reintroduce the city to the rest of the US. AdvertisementThe new DetroitApril's NFL draft — one of the biggest weekends on the sporting calendar — is set to bring eyeballs back to Detroit. AdvertisementDowntown Detroit will host the 2024 NFL draft. "No matter where you went in southeastern Michigan, everyone was smiling and talking to each other about the Lions," Duggan added.
Persons: Mike Duggan, , Duggan, Axios, Joshua Lott, Bill Pugliano, it'll, we've, Kirby Lee, Dan Gilbert, who's, Jared Goff, Dan Campbell, Gilbert, Kyusung Gong, it's Organizations: Detroit, NFL, Lions, Service, Ford, GM, Detroit Free Press, Reuters, Economic, KC, Sports, Vegas and Kansas City, Getty, Cleveland Cavaliers NBA, Tampa Bay Buccaneers, Los Angeles Rams, San Francisco 49ers, The Lions, NCAA College Locations: Detroit, Midwest, Korean, Michigan, America, Motor City, Reuters Detroit, Detroit ., Kansas City, Vegas and Kansas
TAMPA, Fla. (AP) — Baker Mayfield is staying with the Tampa Bay Buccaneers after agreeing to a three-year contract worth up to $115 million, a person familiar with the deal told The Associated Press on Sunday. The person spoke to the AP on condition of anonymity because the agreement, which includes $50 million guaranteed, had not been finalized. The Tampa Bay Times reported Mayfield will receive $30 million in 2024 and $30 million in 2025, with $20 million guaranteed in the second year of the deal. Mayfield agreed to terms two days after Tampa Bay finalized a two-year, $52 million contract with star receiver Mike Evans, who also passed up an opportunity to test his worth in free agency. The Bucs are also interested in extending the contract of left tackle Tristan Wirfs, who's due to earn a fifth-year option salary of $18.2 million next season.
Persons: — Baker Mayfield, Mayfield, Tom Brady, Dak Prescott, Mike Evans, Evans, Mayfield’s, Liam Coen, Dave Canales, Coen, Jason Licht, Antoine Winfield, who's, Lavonte David, Chase McLaughlin, Tristan Wirfs, Rob Maaddi, ___ Organizations: Tampa Bay Buccaneers, Associated Press, Tampa Bay Times, Bucs, NFC, Cleveland Browns, Carolina Panthers, Los Angeles Rams, NFL, Tampa Bay's, Philadelphia, Detroit, Tampa, Panthers, Rams, AP Pro Football Locations: TAMPA, Fla, Mayfield, Tampa
ATLANTIC CITY, N.J. (AP) — With this year's Super Bowl being played in Las Vegas, the nation's gambling capital, there was little doubt that betting on the big game would be huge. The 2023 Super Bowl between the Chiefs and the Philadelphia Eagles brought in $153.1 million worth of bets. In Pennsylvania, $71.5 million was wagered on the Super Bowl, down 15% from last year's Super Bowl, in which the Philadelphia Eagles lost to the Chiefs. Other states with big sports betting markets, including New York and Illinois, had yet to report betting levels for this year's Super Bowl as of Wednesday evening. Maine, which offered Super Bowl gambling for the first time, saw about $3.5 million wagered online, according to an estimate from the state's Gambling Control Unit.
Persons: sportsbooks, “ We’re, Chris Bevilacqua, ” BetMGM, Wayne Parry Organizations: CITY, Kansas City Chiefs, San Francisco 49ers, Nevada Gaming Control Board, Los Angeles Rams, Cincinnati Bengals, Chiefs, Philadelphia Eagles, Atlantic City, Super, of Gaming Enforcement, NFL Locations: N.J, Las Vegas, New Jersey, Pennsylvania, New York, Illinois, Maine, bettors, www.twitter.com
SANTA CLARA, Calif. (AP) — Kyle Shanahan has heard the criticism that, for all his great accomplishments as head coach of the San Francisco 49ers, he is unable to win the big game. “I hope that I can be a part of a team that wins the game at the end of the year. But to say the Niners can’t win a big game would be an extremely inaccurate statement.”They have just been unable to win the ultimate prize despite coming so close in recent years. San Francisco blew a 10-point lead in the fourth quarter to the Chiefs to lose the Super Bowl following the 2019 season. Shanahan said he will go over almost every decision he made in the game, knowing one play could have been the difference.
Persons: — Kyle Shanahan, Shanahan, ” Shanahan, , , Patrick Mahomes, “ I’m, Fred Warner, You've, Brock Purdy, playmakers, Christian McCaffrey, Brandon Aiyuk, George Kittle, Deebo Samuel, San Francisco, ” Purdy, Mahomes, Mecole Hardman, Steve Wilks, Wilks, Shanahan didn't, hadn't, Kyle Juszczyk, it’s, It’s, you’re Organizations: San Francisco 49ers, Niners, Kansas City Chiefs, Kansas, Chiefs, NFC, Los Angeles Rams, San, 49ers, Super Bowl, The Chiefs, NFL Locations: SANTA CLARA, Calif, Kansas City, Francisco, Philadelphia, San Francisco
The first two Super Bowls that Jim Nantz and Tony Romo worked together for CBS lacked drama. “What a thrill to be able to say that we witnessed an overtime Super Bowl game and what will go down in history as one of the greatest games of all time and the longest Super Bowl game of all time. They had New England’s 13-3 victory over the Los Angeles Rams in 2019 and Tampa Bay’s 31-9 rout of Kansas City two years later. This was CBS’ ninth Super Bowl with McManus in charge. “Jim and Tony up at the booth deserved an exciting Super Bowl.
Persons: Jim Nantz, Tony Romo, ” Nantz, “ I’m, Jim Rikhoff, San Francisco, Jake Moody, Patrick Mahomes, Mecole Hardman, San, Nantz, , Mahomes, Romo, Francisco, Lombardi, you’re, ” Rikhoff, Mike Arnold, Dre Greenlaw, Jauan Jennings, Christian McCaffrey, Travis Kelce’s, San Francisco George Kittle, Sean McManus, McManus, McManus ’, ” McManus, “ Jim, Tony, , ___ Organizations: CBS, Kansas City Chiefs, San Francisco 49ers, Super, San, Kansas City, Chiefs, Romo, Los Angeles Rams, Tampa Bay’s, Buffalo - Kansas City AFC divisional, Bills, 49ers, San Francisco, CBS Sports, Fox, Nielsen, Kansas City ’, Philadelphia Locations: San Francisco, New England, Kansas, Buffalo
LAS VEGAS (AP) — The San Francisco 49ers opened up their bag of tricks late to score the first touchdown in Super Bowl 58. Receiver Jauan Jennings threw a 21-yard touchdown pass to Christian McCaffrey to give San Francisco a 10-0 lead over the Kansas City Chiefs late in the first half Sunday. Photos You Should See View All 21 ImagesThe score was just the sixth TD pass thrown by a non-quarterback in Super Bowl history with it happening three times in the past seven seasons. Trey Burton had the famous “Philly Special” pass to Nick Foles at the end of the first half in Super Bowl 52 for Philadelphia against New England. The other non-quarterbacks with a TD pass in the Super Bowl are Antwaan Randle El for Pittsburgh against Seattle in Super Bowl 40, Lawrence McCutcheon for the Rams against Pittsburgh in Super Bowl 14 and Robert Newhouse for Dallas against Denver in Super Bowl 12.
Persons: Jauan Jennings, Christian McCaffrey, Kyle Shanahan shies, Brock Purdy, Jennings, McCaffrey, Joe Mixon, Tee Higgins, Trey Burton, Nick Foles, Antwaan Randle, Lawrence McCutcheon, Robert Newhouse, Jennings hadn't, Joshua Dobbs, Marcus Allen, Terrell Davis, Leonard Fournette, John Riggins, ___ Organizations: LAS VEGAS, San Francisco 49ers, Super, Kansas City Chiefs, San Francisco, Kansas City, Cincinnati, Los Angeles Rams, Philadelphia, New England, Pittsburgh, Seattle, Rams, Dallas, Denver, NFL, Tennessee, Texas Locations: San Francisco, Kansas, Super
It will be the 22nd time that CBS has carried the Super Bowl, which is the most among the four broadcast networks. Cohen said CBS analyst Jay Feely, who kicked in the NFL for 14 seasons, also gave his input on where to position the cameras. The upright cameras are part of 165 cameras CBS has for Sunday. There are also 23 augmented reality cameras that both CBS and Nickelodeon will use. While various bells and whistles, like AR, are nice, they also have to be used for the right reasons, which Cohen sees with the Nickelodeon broadcast.
Persons: Jason Cohen, Mike Francis, Harrison Butker, Cohen, , We’re, ” Cohen, , Harold Bryant, Jay Feely, “ We’re, ” Bryant, SpongeBob, Patrick Star, Noah Eagle, Nate Burleson, Tom Kenny, Bill Fagerbakke, Patrick, Kenny, ” Kenny, Fagerbakke, “ That’s, Russell Wilson’s, Russ Cook ” —, I’ve, Russell Wilson, I’m, ” Fagerbakke, ___ Organizations: CBS, Kansas City, Chiefs, 49ers, ESPN, ABC, CBS Sports, New York Jets, MetLife, Las Vegas Raiders, NFL, Nickelodeon, SpongeBob, Denver Broncos, Los Angeles Rams Locations: San Francisco, Los Angeles, Allegiant, Vegas
Rapper Eminem stands on the field before the January 14 game between the Detroit Lions and Los Angeles Rams. Kevin Mazur/TAS23/Getty Images for TAS Rights ManagementOwn your narrativeDespite near-constant media scrutiny and rumors, Swift continues to own her narrative. This is a great lesson for young girls and women of all ages who can feel judged and criticized by others. There’s not a single reason to take that away from the many young fans who look up to her. She is the author of five books, including “No More Mean Girls: The Secret to Raising Strong, Confident, and Compassionate Girls.”
Persons: CNN —, Eminem, Taylor Swift, Travis Kelce’s, Kevin Sabitus, Kelce, I’ve, tween, Swift’s, shouldn’t, Swift, David Eulitt, It’s, Lana Del Rey, Valerie Macon, Kevin Mazur, doesn’t, Katie Hurley, Strong, Organizations: CNN, San Francisco 49ers, NFC, Detroit Lions, Kansas City Chiefs, Chiefs, Los Angeles Rams, Super, Denver Broncos, Getty, Mutual, Teen, MetLife, Management, Compassionate Locations: AFP, East Rutherford , New Jersey
ATLANTA (AP) — Bill Belichick made no demands for additional authority during his two interviews with Atlanta in the coach search that led to the hiring of Raheem Morris, according to Falcons owner Arthur Blank. Speaking for the first time on Friday about the search, Blank said Belichick did not request control of player personnel, as was widely speculated. Belichick had player personnel control in New England. Blank said he was impressed by the experience Morris, a former Atlanta assistant coach, gained with the Rams. “I would never, ever feel slighted ... for what people would feel about coach Belichick, right?”Blank was ill and did not attend Monday's news conference.
Persons: — Bill Belichick, Raheem Morris, Arthur Blank, Blank, Belichick, Morris, Don Shula’s, , , who’s, ” Blank, “ Bill Belichick, Terry Fontenot, Rich McKay, Fontenot, McKay, ” Morris, ” Belichick, Arthur Smith, “ I’ve, ___ Organizations: ATLANTA, Atlanta, Falcons, New England Patriots, Los Angeles Rams, of Fame, Tampa Bay Buccaneers, MLS Atlanta United, Blank, Rams, Patriots, Pittsburgh Steelers, Super Locations: New England, Atlanta
Your next landlord may be a pro sports team
  + stars: | 2024-02-08 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +8 min
But team owners in recent years have turned to real estate development to bring in extra cash and drive up the asset values of their franchises. “It makes perfect sense for a team owner to play real estate,” said Propheter. “That means that team owners do have a lot of leverage,” he said. “Stadium subsidies transfer wealth from the general tax base to billionaire team owners, millionaire players, and the wealthy cohort of fans” who regularly attend games. “Generally speaking, the people who come off well are the team owners and the developers,” Zimbalist said.
Persons: , Geoffrey Propheter, Daniel Slim, , Andrew Zimbalist, Louis, Harry Cabluck, Bruce Ratner, Stan Kroenke, Matthew Grimes Jr, Steve Cohen, Mark Cuban’s, Adelson, “ I’m, ” Zimbalist Organizations: New, New York CNN, Professional, Billionaire, University of Colorado Denver, Sofi, Getty, Washington Wizards, Capitals, Sweet, Smith College, Riverfront, Busch, Baltimore Orioles, Camden, Barclays Center, Nets, Los Angeles Rams, “ Battery, Atlanta Braves, Golden State Warriors ’ Chase Center, Texas Rangers, Globe, Arlington, New York Mets, Hard, Citi Field . Dallas Mavericks, Vegas Sands Corp, Management Locations: New York, North America, Inglewood , California, AFP, Washington, Alexandria , Virginia, Cincinnati, St, Pittsburgh, Brooklyn, New Jersey, , “ Battery Atlanta ”, Truist, Atlanta, San Francisco, , City, Arlington , Texas, ” Cuban
LAS VEGAS (AP) — Christian McCaffrey ran away with the AP Offensive Player of the Year award announced at NFL Honors on Thursday night. Myles Garrett beat out T.J. Watt for AP Defensive Player of the Year. First-place votes are worth five points, second-place votes are three and third-place votes are one. Texans defensive end Will Anderson Jr. won the AP Defensive Rookie of the Year award, outgaining both Jalen Carter and Kobie Turner by two first-place votes. Anderson and Stroud are the fourth teammates to win the offensive and defensive rookie awards in the same season.
Persons: — Christian McCaffrey, Francisco’s, Myles Garrett, T.J, Watt, Nacua, Will Anderson Jr, outgaining, Jalen Carter, Kobie Turner, Garrett Wilson, Sauce Gardner, Kevin Stefanski, DeMeco Ryans, Stefanski, Deshaun Watson, Nick Chubb, Jack Conklin, Jim Schwartz, Schwartz, Mike Macdonald, Hill, CeeDee Lamb, Lamar Jackson, McCaffrey, Micah Parsons, DaRon Bland, Maxx Crosby, Garrett, Bland, Stroud, Joe Montana, Tom Brady, Sam LaPorta Organizations: LAS VEGAS, AP, outpacing Dolphins, NFL, Stroud, Houston Texans, Los Angeles Rams, Texans, Anderson, New York Jets, Cleveland Browns, Houston, Browns, Baltimore Ravens, Cowboys, Ravens, NFC, 49ers, Dallas Cowboys, AFC South, Lions, AP NFL Locations: Stroud
LAS VEGAS (AP) — The Philadelphia Eagles will be the host team for the NFL's first regular-season game in Brazil on Friday, Sept. 6 — a day after the 2024 season opener, Commissioner Roger Goodell said Monday. Goodell made news when he said the Eagles will play in Sao Paolo against a to-be-named opponent. It’ll be the first time in 54 years the NFL has played a game on Friday night of its opening weekend. The game will be played at the Corinthians Arena, home to Brazilian soccer team SC Corinthians. The Eagles’ opponent, along with the kickoff time, will be announced closer to when the 2024 schedule is revealed this spring.
Persons: Roger Goodell, Goodell, Rooney, It’ll, ___ Organizations: LAS VEGAS, Philadelphia Eagles, Kansas City Chiefs, San Francisco 49ers, Super, Eagles, NFL, Los Angeles Rams, Louis Cardinals, Corinthians, Brazilian soccer, SC Corinthians, Tottenham Hotspur, Chicago Bears, Minnesota Vikings, The Jacksonville Jaguars, Wembley, The Carolina Panthers, Allianz Arena —, Bayern Munich Locations: Brazil, Sao Paolo, Brazilian, London, Britain, Munich, Germany
ATLANTA (AP) — Raheem Morris wants to make the most of his second opportunity as the Atlanta Falcons' coach. Morris brought up the Super Bowl loss and said he will be motivated to bring Atlanta its first championship. “I would never, ever feel slighted ... for what people would feel about coach Belichick, right?”Team president Greg Beadles said Belichick “was obviously a serious candidate. “I do understand the importance of being the first Black coach in Atlanta history without an interim tag,” Morris said. “He’s got two rings,” Fontenot said of Morris, who also won a Super Bowl as a Tampa Bay assistant.
Persons: — Raheem Morris, Morris, Tom Brady, , ” Morris, Morris —, , , Arthur Blank, Warrick Dunn, ” Dunn, Brett Jewkes, Jewkes, Blank, Bill Belichick, “ I've, Belichick, Greg Beadles, Belichick “, ” Beadles, Morris “, Terry Fontenot, Jim Harbaugh, Mike Vrabel, Arthur Smith, Smith, Rich McKay, McKay, Beadles, Fontenot, Zac Robinson, Jimmy Lake, Marquice Williams, Robinson, Lake, Desmond Ridder, Taylor Heinicke, Drake London, Bijan Robinson, “ He’s, ” Fontenot, “ We’re Organizations: ATLANTA, Atlanta Falcons, Falcons, Super, New England Patriots, Los Angeles Rams, Former Patriots, Super Bowl, Atlanta, , Los Angeles Chargers, Tennessee Titans, Tampa, Pittsburgh Steelers, Atlanta United, Major League Soccer, Blank, Rams, Tampa Bay Locations: Atlanta, Michigan, Tampa Bay
LOS ANGELES (AP) — SoFi Stadium will begin work Monday on renovations to increase the size of its playing field area in preparation for hosting eight matches during the 2026 World Cup. “It's really just changing pre-cast concrete in the corners of the stadium to a more retractable system,” Demoff said Sunday. SoFi also will have a temporary grass field for the World Cup in place of its usual artificial turf. The changes that we will make to the stadium were always contemplated for the World Cup. Although the Los Angeles-area World Cup organizers didn't get the final, only AT&T Stadium in Arlington, Texas, will host more total matches than SoFi.
Persons: — SoFi, Kevin Demoff, “ It's, ” Demoff, “ We'll, , Chris Klein, we’re, Stan Kroenke, SoFi, Demoff, didn't, Larry Freedman Organizations: ANGELES, , Los Angeles Rams, NFL, FIFA, U.S, Copa America, Rams, Arsenal, NBA, Denver Nuggets, CONCACAF, Mexico, SoFi, Los Angeles Chargers, Super, T, men's Locations: Los Angeles, Inglewood, United States, Arlington , Texas, LA, U.S
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