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CNN —The new NFL season couldn’t have started much worse for Joe Burrow and the Cincinnati Bengals. The quarterback missed the end of last season with a wrist injury to his throwing arm, requiring surgery and a spell on the sidelines. “I picked (the water bottle) up weird?” he said during a press conference, also explaining that his wrist feels “great.”“I don’t know. Burrow has shot down any injury concerns about his wrist, insisting it feels "great." “The more football you see throughout the season, the better you’re going to get,” Burrow said after Wednesday’s practice.
Persons: couldn’t, Joe Burrow, Burrow, , , ” Burrow, Carolyn Kaster, Patrick Mahomes, QBs, “ It’s Organizations: CNN, NFL, Cincinnati Bengals, New England Patriots, Super, Patriots, Bengals, Super Bowl, Kansas City Chiefs, Mahomes
Shortly after Tuesday night's ABC News presidential debate between Harris and former President Donald Trump, Swift posted her long-awaited endorsement of Harris' campaign on Instagram. At the time, he said he had "no idea" about Swift's endorsement. He had more to say on Wednesday, however, when he told "Fox & Friends" that he isn't "a Taylor Swift fan." Despite his criticism of Swift, Trump has previously tried to use the pop star in his campaign messaging. For their part, the Harris-Walz campaign wasted no time churning out merch after Swift's endorsement — launching a pack of two friendship bracelets for $20.
Persons: , Taylor Swift, Kamala Harris, Tim Walz, Sen, JD Vance, Ohio, Swift, Harris, Donald Trump, Cat Lady, Vance's, Vance, Martha MacCallum, Trump, Taylor, she'll, Brittany Mahomes, Patrick Mahomes, Mahomes, Mahomes —, Walz, Harris Walz Organizations: Service, GOP, Democratic Party, ABC, Business, Fox, Kansas City Chiefs, Trump, Truth
CNN —An Israeli intelligence commander, who critics say played a pivotal role in failing to prevent the October 7 attacks, is resigning, Israel’s military told CNN. Later that month, Israeli Prime Minister Benjamin Netanyahu also received sharp public criticism after he accused security chiefs in a later-deleted social media post of failing to warn him about the impending attack. In a May interview with Dr. Phil McGraw on the “Dr. We have to admit that,” Netanyahu told Dr. Phil. When asked if he held himself to that standard and failed in some way he added, “I hold myself and everyone on this.
Persons: Yossi Sariel, , Kan, ” Kan, Shin Bet, , ” Shin, Ronan Bar, Benjamin Netanyahu, Phil McGraw, Phil, Netanyahu, ” Netanyahu Organizations: CNN, Israel Defense Forces, Kan Locations: Israeli, , Israel
North Korea fired multiple short range ballistic missiles into waters east of the Korean peninsula on September 12, Seoul's military reported, days after the nuclear-armed North marked a state anniversary. After North Korea fired several ballistic missiles toward the Sea of Japan, Japanese Prime Minister Fumio Kishida said Thursday that he "strongly condemns" the move, adding that Tokyo has already "lodged a protest" with the Hermit Kingdom. Needless to say, the launch of ballistic missiles by North Korea is a violation of the UN Security Council resolutions," Kishida said. North Korea fired several short-range ballistic missiles off its east coast towards the Sea of Japan Thursday morning local time, according to the South Korean Joint Chiefs of Staff. In a statement, the U.S. Indo-Pacific Command also condemned the launch, calling on North Korea to "refrain from further unlawful and destabilizing acts."
Persons: Fumio Kishida, Kishida, Kim Jong Un Organizations: Korean, North, UN, South Korean Joint Chiefs, Staff, Korean Central News Agency, Pacific Command, ROK, Command Locations: Seoul, North Korea, Japan, Japanese, Tokyo, Hermit, U.S, South Korea, Korea, Pyongyang, East Sea
Here's what Harris and Trump got right and wrong on the debate stage in Philadelphia. Fact check: Trump calls Harris’ dad a Marxist“Her father’s a Marxist professor in economics, and he taught her well," Trump said. Fact check: Trump claims Harris ‘wants to confiscate your guns’“She wants to confiscate your guns,” Trump claimed. We’re not taking anybody’s guns away.”Fact check: Harris says Trump oversaw manufacturing job losses“Donald Trump said he was going to create manufacturing jobs. Fact check: Trump says he has ‘nothing to do with Project 2025’“I have nothing to do with Project 2025.
Persons: Kamala Harris, Donald Trump, Harris, Trump, Harris ’, That’s, Donald Harris ’, Karl Marx’s, Harris ‘, ” Trump, Tim Walz, We’re, that’s, Muir, I’ll, ” Harris, Biden, Putin, ” Trump hasn’t, , hasn’t, they’ve, Obamacare, , William Barr, They’ve, It’s, Harris “, We’ll, we’ll, “ Donald Trump, Let’s, he’s, Xi —, , you’re, don’t, “ It’s, they’re, isn’t, I’m, Karoline Leavitt, Sen, Marco Rubio, Frank McKenzie, Mark Milley, Ashraf Ghani, West Virginia —, Walz, Ralph Northam, Northam, Vance, hedged, John Kirby, we’ve, it’s Organizations: Trump, NBC News, Stanford University, Afghan, Pentagon, Washington Post, Post, United States, ISIS, Republicans, United, FBI, U.S, D.C, U.S . Energy Information Association, Ohio, Capitol, Taliban, National Security, Al, Republican, U.S . Central Command, Joint Chiefs, CNN, American Civil Liberties Union, Centers for Disease Control, Virginia Gov, NBC, White, Heritage Foundation, U.S . Customs, Protection, CBP, Office, American Progress Locations: U.S, Philadelphia, Afghanistan, Russia, Ukraine, Kyiv, Crimea, Moscow, Iraq, Syria, Iraq’s Anbar, Somalia, Africa, Red, United States, Georgia, Wisconsin, Georgia , Wisconsin, Pennsylvania, New York City, Aragua, Venezuelan, Washington, California , Maryland, Vermont, Andalia , Ohio, China, Mexico, Al Qaeda, Florida, Saigon, Doha, Kabul, airport’s, West Virginia, Virginia, Ohio, Springfield , Ohio
CNN —Kansas City Chiefs superstar quarterback Patrick Mahomes will not endorse former US President and Republican presidential candidate Donald Trump or Vice President Kamala Harris. On Wednesday, Trump appeared on Fox News and was asked about Swift’s Harris endorsement. I was not a Taylor Swift fan,” Trump said. Brittany Mahomes and Taylor Swift celebrate a Kansas City Chiefs touchdown on October 12, 2023. Mahomes was asked several times about his name being mentioned in the political space in an election year.
Persons: Patrick Mahomes, Donald Trump, Kamala Harris, Brittany, Travis Kelce, Taylor Swift, Harris, Mahomes, , ” Mahomes, Trump, Swift’s Harris, ” Trump, Brittany Mahomes, Jamie Squire, , “ I’ve, I’m Organizations: CNN, Kansas City Chiefs, Republican, Fox News, Trump, Chiefs, Cincinnati Bengals Locations: , America, Brittany
NFL season opened with a stealth bomber fly-over in Kansas City last week. Digital TV antennas offer a cost-effective way to watch live sports without pricey subscriptions. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe NFL season opened last week with a stealth bomber soaring over the Kansas City Chiefs' stadium while Coco Jones belted out The Star-Spangled Banner.
Persons: CivicScience, , Coco Jones Organizations: Service, Kansas City Chiefs, TiVo, Business Locations: Kansas City
Read previewIt's officially a "Love Story" between Taylor Swift and Vice President Kamala Harris. The superstar singer endorsed Harris for president on Tuesday night, minutes after the end of the debate between the vice president and former President Donald Trump. She signed off her post with the phrase: "Taylor Swift, Childless Cat Lady." When questioned on Swift's Harris endorsement, Trump said he had "no idea" about it. AdvertisementMany Democrats have been frothing at the mouth for a Swift endorsement given her unique cultural sway and loyal fandom.
Persons: , Taylor Swift, Kamala Harris, Harris, Donald Trump, Swift, Cat Lady, Sen, JD Vance's, Tim Walz, " Walz, Trump, Swift's Harris, Swift's, Kamala —, X —, Joe Biden, Marsha Blackburn, Scott, Brittany Mahomes, Patrick Mahomes, Travis Kelce, Stevie Wonder, John Legend, Charlie XCX Organizations: Service, Business, MSNBC, Democratic, Truth, Kansas City Chiefs, Fox Business, Democratic National Convention, Minnesota Gov Locations: America
Baltimore Ravens (0-1)Last week: 3Thursday: Lost to Kansas City Chiefs 27-20Lamar Jackson can’t keep this up. New York Jets (0-1)Last week: 13Monday: Lost to San Francisco 49ers 32-19Let’s focus on the positive: Aaron Rodgers made it through Week 1 perfectly healthy. Cincinnati Bengals (0-1)Last week: 9Sunday: Lost to New England Patriots 16-10Ja’Marr Chase didn’t have a great negotiating week. Atlanta Falcons (0-1)Last week: 15Sunday: Lost to Pittsburgh Steelers 18-10The Falcons spent big on free-agent quarterback Kirk Cousins in the offseason. Cleveland Browns (0-1)Last week: 11Sunday: Lost to Dallas Cowboys 33-17Let’s review the Deshaun Watson situation.
Persons: we’re, Dallas, we’ll, Xavier Worthy, Rashee Rice, Travis Kelce, Xavier, Christian McCaffrey, Heck, Kyle Shanahan, Jordan Mason, McCaffrey, Mason, Brandon Aiyuk, Francisco, Josh Allen, He’s, Steve Young, Keon Coleman, Terrel Bernard, Matt Milano, Joe Mixon, , , Stefon Diggs, Nico Collins, Dan Campbell’s, Jared Goff, David Montgomery, Jameson Williams, Saquon Barkley, Jalen, Jason Kelce, Dak Prescott, Prescott, Tua Tagovailoa, opkRevcnUI, Justin Herbert, Dobbins, Jim Harbaugh, Harbaugh, Baker Mayfield, Mayfield, Baker, Wsb0UiW5hR — Chase Daniel, Derek Carr, Alvin Kamara, Mike Macdonald’s, Kenneth Walker’s, Tariq Woolen, Devon Witherspoon, Macdonald, Mike Macdonald's, Mike Tomlin, Chris Boswell, Justin Fields, Russell Wilson, Kirk Cousins, J.J . McCarthy, Sam Darnold, Darnold, Aaron Jones, Dallas Turner, Keion White, Rhamondre Stevenson, Jacoby Brissett, Drake Maye, Brissett, Bill Belichick, Caleb Williams, D’Andre Swift, Rome Odunze, Greenberg, Lamar Jackson can’t, Jackson, Patrick Mahomes, Derrick Henry, Henry, Anthony Richardson, Alec Pierce, Puka, Matthew Stafford, Cooper Kupp, Kupp, Stafford, Aaron Rodgers, Allen Lazard, Malik Willis, Love, Trevor Lawrence’s, Gabe Davis, Brian Thomas Jr, Marvin Harrison Jr, Maxx Crosby, Christian Wilkins, Antonio Pierce, Chase didn’t, Chase, Tee Higgins, Joe Burrow’s, Will Levis, Levis, Tony Pollard’s, Bo Nix, Joe Nicholson, Sean Payton, Sean McVay, Cousins, Jayden Daniels, Daniels, Tom Brady, Daniel Jones, Barkley, Jones, Malik Nabers, KrhmYcX77S — Alex Wilson, Bryce Young’s, “ We’ve, Dave Canales, Adam Thielen’s, Watson, it’s, Khalil Shakir, Dalton Kincaid, Bryan M, Bennett Organizations: Bears, Texans, NFL, Cleveland Browns, Baltimore Ravens, Chiefs, Super, Bengals, Beat New York Jets, 49ers, Niners, Minnesota Vikings, Beat Arizona Cardinals, Nine Bills, Miami Dolphins, Beat Indianapolis, Cincinnati Bengals, Chicago Bears, Los Angeles Rams, Lions, Tampa Bay Buccaneers, Rams, Green Bay Packers, New York Giants, Former Giants, Atlanta Falcons, Dallas Cowboys, Beat Cleveland Browns, Cowboys, Cleveland, New, New Orleans Saints, Beat Jacksonville Jaguars, Dolphins, Buffalo Bills, Las Vegas Raiders, Ravens, Carolina Panthers, Browns, Panthers, NFC, Detroit Lions, Beat Carolina Panthers, New Orleans, Saints, Beat Denver Broncos, Seattle, New England Patriots, Seahawks, Beat Atlanta Falcons, Steelers, Denver Broncos, Beat New York Giants, Vikings, Atlanta, Eight Vikings, Minnesota, San Francisco 49ers, Beat Cincinnati Bengals, Seattle Seahawks, Beat Tennessee Titans, Houston Texans, Kansas City Chiefs, Indianapolis Colts, Colts, Detroit, Arizona Cardinals, New York Jets, Tennessee Titans, Philadelphia Eagles, Packers, Jacksonville Jaguars, Jacksonville, 33rd Team, Jaguars, Dallas, Los Angeles Chargers, The Raiders, Chargers, Chicago, ET Broncos, Broncos, Pittsburgh Steelers, Falcons, Washington, Fox, Eagles, Carolina Locations: Dallas, Houston, South America, New Orleans, J.K, Tampa Bay, Carolina, England, Baltimore, Jordan, Brazil, Dak, Arizona, Cincinnati, That’s, Tennessee, Seattle, USA, Denver
Taylor Swift and Travis Kelce just wrapped a whirlwind weekend of dates. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTo the delight of Swifties and NFL fans, Travis Kelce and Taylor Swift seemed to be everywhere last week. On Thursday, Swift attended the NFL season opener, supporting Kelce as the Kansas City Chiefs beat the Baltimore Ravens.
Persons: Taylor Swift, Travis Kelce, , Swifties, Swift, Kelce Organizations: Service, NFL, Kansas City Chiefs, Baltimore Ravens, Business Locations: New York
CNN —Travis Kelce really didn’t want to participate in “Catching Kelce,” the 2016 E! Aaron Eanes, one of two brothers who manage Kansas City Chiefs tight end Travis Kelce, in New York in 2023. ‘Moonbase 8’ (2020)After “Catching Kelce,” Kelce didn’t take on any work off the football field until 2020. ‘New Heights’ podcast (2022)Kelce has co-hosted the “New Heights with Jason and Travis Kelce” podcast with his brother, former Philadelphia Eagles star Jason Kelce, since 2022. (From left) Jason Kelce and Travis Kelce at the ACC Celebrity Golf Championship in Nevada in July.
Persons: CNN — Travis Kelce, , Aaron Eanes, it’s, ” Eanes, Kelce, Eanes, Andre, hasn’t, Travis Kelce, Amir Hamja, … He’s, “ Travis, Travis, he’s, Kelce’s, , Tim Heidecker, Fred Armisen, John C, Reilly, , Jason, Jason Kelce, Amazon’s, Shutterstock, Donna Kelce, ” Kelce, SNL ”, Swift, Grotesquerie ’, Ryan Murphy, he’d, Murphy’s, Murphy, ” “, David Calvert, Happy, Adam Sandler’s, Happy Gilmore, Sandler, ” Sandler, “ We’re Organizations: CNN, Kansas City Chiefs, Hollywood, University of Cincinnati, New York Times, NFL, ” Showtime, Kelce, Philadelphia Eagles, Showtime Networks Inc, Everett, SNL, ACC, Getty, Netflix Locations: New York, Tinseltown, it’s, Hollywood, Nevada
CNN —The San Francisco 49ers put in a dominant showing to beat the New York Jets 32-19 on Monday, spoiling Aaron Rodgers’ return to NFL action. Rodgers returned to NFL action for the first time since Week 1 last season. Thearon W. Henderson/Getty ImagesDespite the poor start, Rodgers soon showed why the Jets traded for him ahead of last season. However, the Jets offense then struggled to produce much until late in the third by which point San Francisco had built up a comfortable lead. Per the NFL, the Jets only had 21:20 minutes of possession, the lowest mark of Rodgers’ career.
Persons: Aaron Rodgers ’, Jordan Mason, Christian McCaffrey, Mason, Jake Moody, Brock Purdy, ” Purdy, , McCaffrey, I’m, Rodgers, Fred Warner, Thearon, Henderson, San, Rodgers –, Garrett, Wilson, , ” Rodgers, Kyle Shanahan’s, Brandon Aiyuk Organizations: CNN, San Francisco 49ers, New York Jets, NFL, 49ers, Jets, Breece, Green Bay Packers, Kansas City Chiefs, Super, San Locations: Francisco, New York, San Francisco
Hong Kong CNN —American and Chinese military commanders spoke in a long-anticipated call Tuesday as the two powers seek to manage their intensifying rivalry in a contentious Asia-Pacific region – and repair lines of military communication severed more than two years ago. Analysts have long warned that a miscalculation in the South China Sea could quickly spiral into a damaging regional conflict between the world’s two largest economies and that a lack of communication could compound those risks. Tuesday’s call marks a rare point of contact between top military officials leading American troops in the Indo-Pacific and Chinese strategy in the Southern and Eastern theater respectively. It comes within a broader, gradual resumption of high-level military communication following a meeting between US President Joe Biden and Chinese leader Xi Jinping in November. Top US and Chinese generals spoke in December after more than a year of silence, and US and Chinese defense chiefs held rare talks on the sidelines of a defense gathering in Singapore in May.
Persons: Pacific Command Adm, Samuel Paparo, Wu Yanan, Army’s, Nancy Pelosi, Jake Sullivan, “ Paparo, , Washington’s, Joe Biden, Xi Jinping, Biden Organizations: Hong Kong CNN —, Pacific Command, PLA, Southern Theater Command, Communist Party, White House, Analysts Locations: Hong Kong, Asia, China, South, Taiwan, Beijing, South China, Philippine, Philippines, Washington, Russia, Southern, Eastern, Singapore
Although Swift has been photographed with this group quite a lot during her WAG era, the timing of this particular link-up was notable, thanks to the controversy surrounding Brittany Mahomes' political ties. "I want to thank beautiful Brittany Mahomes for so strongly defending me," he wrote. Related storiesTaylor Swift and Brittany Mahomes celebrate a touchdown at Arrowhead Stadium last year. Indeed, Swift has repeatedly used public appearances, paparazzi walks, and collaborations to signal her support for other women. AdvertisementTaylor Swift, Brittany Mahomes, Travis Kelce, and Patrick Mahomes at the US Open.
Persons: , Taylor Swift, Travis Kelce, Patrick Mahomes, Brittany Mahomes, Swift, Donald Trump, Mahomes, Trump, David Eulitt, Swifties, WAG, Sophie Turner, Joe Jonas, Matty Healy, Healy, Spice, Swift's, Al Bello, Jackson Mahomes, Kamala Harris, Mahomes —, Trump's, that's, who've, Harris, Hillary Clinton, Joe Biden, We'll Organizations: Service, Kansas City Chiefs, Business, Arrowhead, Trump, Chiefs, Spice, Time, Democratic, NFL, New York Post, The Daily, Social Locations: Queens , New York, Brittany, New York City
Insider Today: Undercover millionaires
  + stars: | 2024-09-08 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +6 min
This story is available exclusively to Business Insider subscribers. AdvertisementIn fact, Business Insider spoke with several millionaires who achieved their riches without using get-rich-quick tricks. Matt Harrison Clough for BITo banner, or not to bannerThe LinkedIn Open to Work banner makes some job seekers feel embarrassed. Amazon, Tyler Le/BIAmazon's AI conundrumAmazon's big new AI product is off to a rocky start. AdvertisementMessages and an internal memo seen by Business Insider show AWS employees raising concerns about the AI chatbot's performance.
Persons: , Kevin O'Leary, Jim Harbaugh, Will Aaron Rodgers, that's, it's, Natalie Ammari, aren't, Matt Harrison Clough, Tyler Le, Jenny Chang, Rodriguez, Hemant Taneja, Commure, Steve Eisman Organizations: Service, Business, NFL, Kansas City Chiefs, Los Angeles Chargers, University of Michigan, New York Jets, Netflix, ESPN Bet, BI, Fidelity Locations: New York
GM declined to discuss details of the spending, including how much of that amount is specifically tied to NFL advertising, but reiterated it remains significantly lower than historic levels. Last NFL season, automakers were the most-seen brand industry, with more than 10% of TV ad impressions, according to ad data company iSpot. Guideline reports viewership of NFL broadcasts grew about 7% over the past season, whereas ad spend in NFL programming doubled that pace at 14%. Automotive ad spend increased 17% over the past two seasons and is expected to increase again this year, according to Leyes. New ad campaignsToyota, as the "Official Automotive Partner of the NFL," launched a new ad campaign for the NFL season this week called "Roll Deep."
Persons: Ryan Briganti, Alberto Leyes, we've, Leyes, Andrew Messina, Messina, Mark Marshall, Jenny Wall Organizations: NFL, National Football League, Toyota Motor Corporation, Hyundai Motor Company, Detroit, Toyota, CBS Sports, CBS, Paramount, General Motors, GM, Nielsen, Disney, ESPN, Disney Advertising, Hyundai, Mercedes, Benz, Nissan Motor, Chrysler, Brands, NBC, Automotive, Baltimore Ravens, Kansas City Chiefs Locations: Messina, U.S
Taylor Swift attended the Kansas City Chiefs game on Thursday to support Travis Kelce. AdvertisementFootball is back, and so is Taylor Swift. Throughout the 2023-24 season, she often wore Chiefs gear or custom clothing that featured Kelce's number, 87. AdvertisementBut at Thursday's game, Swift seemed to fully embrace her WAG status, arriving in designer clothes and high-end jewelry. AdvertisementThe most expensive piece Swift wore was the Ruby Impetus interlocking puzzle ring from Retrouvai.
Persons: Taylor Swift, Travis Kelce, Versace, , Swift, Kelce, Joseph Cassell Falconer, David Eulitt, Giuseppe Zanotti, Louis, It's, Bergdorf Goodman, retails, Randi Molofsky, Falconer, Taylor, Molofsky, it's, Lizzie Mandler, Kendall Junck Organizations: Kansas City Chiefs, Service, Baltimore Ravens, NFL, Arrowhead, Chiefs, Ravens, Louis Vuitton, TNT Locations: Kansas City , Missouri
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
Top 10 NFL teams are worth a combined $78 billion, with the Dallas Cowboys claiming the top spot. As the NFL season gets underway, here are the most valuable football teams in the league. According to a new analysis from CNBC, the top 10 most highly valued NFL teams are worth a combined $78 billion. AdvertisementThe average NFL football team is worth $6.49 billion, according to the analysis, with the most valuable team hitting an $11 billion valuation, while the lowest valued team, the Cincinnati Bengals, is worth $5.25 billion. Here are the top 10 most valuable NFL football teams, according to CNBC.
Persons: , Chicago Bears Jim Rogash, Miami Dolphins Raheem Mostert, Doug Murray, New York Jets Mike Stobe, PATRICK T, FALLON, Las Vegas Raiders John Locher, New York Giants Tim Warner, New England Patriots Rich Graessle, Los Angeles Rams Kirby Lee, Dallas Cowboys Ronald Martinez Organizations: NFL, Dallas Cowboys, Service, Kansas City Chiefs, Baltimore Ravens, CNBC, Cincinnati Bengals, Chicago Bears, Philadelphia Eagles Philadelphia Eagles, Miami Dolphins, AP, New York Jets, San Francisco 49ers San Francisco 49ers, Las Vegas Raiders, New York Giants, New England Patriots, Los Angeles Rams, USA Locations: Las Vegas , Nevada
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 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
The chief's mess then kept access to the Starlink network — which they named "STINKY" — only to themselves, Navy Times reported. AdvertisementWhen junior sailors and commanding officers began noticing the WiFi network, Marrero denied its existence, according to Navy Times. The Starlink dish was eventually discovered on August 18 by a civilian installing a separate, authorized satellite communication system. Advertisement"The gig is up," Marrero texted a crew member at the time, according to the investigation seen by Navy Times. Navy Times reported that Marrero admitted to her commanding officer on August 26, 2023, that she had installed the illegal WiFi network.
Persons: , Grisel Marrero, Marrero, aren't, " Marrero texted, didn't Organizations: Service, US Navy, USS, Navy, Business, Navy Times, Manchester Locations: USS Manchester, Manchester
US Air Force photo illustration by Staff Sgt. The Air Force needs new missiles, new bombers, and new fighters — but is struggling to pay for them allThe B-21 Raider in flight at Edwards Air Force Base, California. Cultural inertia in the fighter businessUS Air Force fighter aircraft fly in formation. A rendering of a future crewed next-generation air dominance aircraft by the US Air Force Research Laboratory. Nonetheless, for a cash-strapped Air Force, this would be a significant challenge.
Persons: David Allvin, Parth Satam, Allvin, Madeline Herzog, that's, it's, Will Roper, I'm, Charles, CQ, Brown, Preston Cherry, America's, Lockheed Martin, Northrop Grumman, Marine Corps Lockheed Martin, Peter Nicholls, , Danielle Purnell, Frank Kendall, Tom Williams, Will Roper's, Kendall —, I've, Kendall, there's, Northrop Grumman's, Roper, Giancarlo Casem, today's, they've, wouldn't, John Raven, James M, Holmes, we've Organizations: Service, senior Air Force, Air Force, Global Air, Space Chiefs, Conference, UK's, Space Power Association, Business, Fighter, US Air Force, Force, American, Next, Sabre, Convair, Delta Dart, Rand Corporation, National Museum of, Staff, Joint Chiefs, Raptors, Royal Norwegian Air Force, Senior, Boeing, Lockheed, US, Marine Corps Lockheed, Royal International Air, Reuters, Getty, Capitol, Raider, Air, Edwards Air Force Base, DARPA, USAF, III, America, Minuteman, Sentinel missile, Pentagon, Lockheed Martin Aeronautics Company, Sentinel, Defense, Tech, Combat Command, US Air Force Research Laboratory, Sandboxx Locations: London, American, Fairford, Britain, Fort Worth, California, United States, Soviet Union, Marietta , Georgia, America, Europe
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
QB Tiers rangesTier Tier 1 Tier 2 Tier 3 Tier 4 Movement Moved down Moved up New to Tiers Not in '23 Tiers Same tier Expand all Collapse all Loading Try changing or resetting your filters to see more. Photo: Ryan Kang / Getty Images Tiers over time Annual votes by tier Tier 1 Same tier 2 Joe Burrow Bengals Cincinnati 2024 Tier Voting Avg. Photo: Kathryn Riiley / Getty Images Tiers over time Annual votes by tier Tier 3 Same tier 18 Deshaun Watson Browns Cleveland 2024 Tier Voting Avg. Photo: Cooper Neill / Getty Images Tiers over time Annual votes by tier Tier 3 Same tier T20 Geno Smith Seahawks Seattle 2024 Tier Voting Avg. Photo: Chris Unger / Zuffa LLC / Getty Images Tiers over time Annual votes by tier Tier 4 Same tier T26 Anthony Richardson Colts Indianapolis 2024 Tier Voting Avg.
Persons: Patrick Mahomes, Lamar Jackson, Jordan Love, San Francisco 49ers ’ Brock Purdy, Houston Texans ’ C.J, Stroud, Mahomes, , Toney, , Tom Brady, , He’s, Brady, Ryan Kang, Joe Burrow, Burrow, Kirk Cousins, he’s, Cooper Neill, Josh Allen, Allen, Joe, Sam Howell —, Trevor Lawrence, Kathryn Riiley, Lamar, Jackson, Todd, Monken, Patrick Smith, Matthew Stafford, Stafford, recommitment, “ He’s, Matt Stafford, Sean, Rey Del, Justin Herbert, Herbert, “ Herbert, Aaron Rodgers, Jim Harbaugh, “ Harbaugh, I’ve, Rodgers, Achilles, it’ll, Tom Brady’s, Bobby Slowik, , Tim Warner, Prescott, Drew Brees, Ben Roethlisberger’s, Dan Marino, Peyton Manning, “ Dak, Jared Goff, It’s, Goff, “ They’ve, they’ve, Tua Tagovailoa, “ Goff, I’m, Junfu, Shane Steichen, Tua, Kellen Moore, Jason Kelce, Brock Purdy, Purdy, Colin Kaepernick, “ Purdy, it’s, “ I’m, Kurt Warner, ” Warner, Brock, Kyle Shanahan, Shanahan, Cousins, Kirk, ” Cousins, Michael Penix Jr, Michael Penix, Kevin C, Cox, ” Love, Squeaking, Mike McDaniel, Kyle Shanahan’s, ” Purdy, Tagovailoa, “ Tua, Lawrence, ” Lawrence, Lawrence —, I’d, Perry Knotts, Kyler, Murray, ‘ Kyler Murray, ” Murray, Marvin Harrison Jr, Deshaun Watson, Watson, Ken Dorsey, ” Watson, Nick Cammett, “ Baker, Baker, Mayfield, Mike Evans, moxie, Nic Antaya, Derek Carr Saints, Carr, Jon, Gruden, “ Gruden, Derek Carr, Smith, Russell Wilson, “ Trevor Lawrence, Justin Fields, Geno Smith, Wilson, Pete Carroll, Sean Payton, Mike Tomlin, Tomlin, “ Tomlin, Payton, Russ, Let’s, Joe Sargent, Daniel Jones, Jones, “ I’ve, Drew Lock, Daniel Jones ’, Malik Nabers, DK Metcalf, Jacoby Brissett, Peter Joneleit, Justin, you’ve, Justin K, Seattle’s Smith, “ Nobody, “ Gardner Minshew, Minshew, Aidan O’Connell, Chris Unger, Anthony Richardson, Richardson, marveled, Cam Newton, ’ ”, “ Shane Steichen, “ Richardson, Shane, Todd Rosenberg, ” Levis, “ I’ll, Carson Wentz, Mac Jones, Frank Reich, Dave Canales, Bryce Young, David Jensen, Sam Darnold, Darnold, J.J, McCarthy, Kevin, I’ll, ” Darnold, Stephen Maturen, Brissett, Kevin Stefanski, “ Jacoby, Alex Van Pelt, Drake Maye, Jaiden, David DeChant, Marc Mazzoni, Dan Goldfarb, John Bradford, Skye Gould, Ray Orr, Amy Cavenaile Organizations: NFL, Baltimore Ravens, Green Bay Packers, San Francisco 49ers, Houston Texans ’, Patrick Mahomes Chiefs Kansas, 0pts, Voters, Philly, Super, Chiefs, EPA, Joe Burrow Bengals, Burrow, , Josh Allen Bills Buffalo, Lamar Jackson Ravens, Ravens, Kansas City, Matthew Stafford Rams, Stafford, Rams, Rey Del Rio, Justin Herbert Chargers, Chargers, Aaron Rodgers Jets, Rodgers, Jets, . Stroud Texans, Stroud, Baltimore, Texans, Dak Prescott Cowboys, Niners, Packers, Cowboys ’, Prescott, , Jared Goff Lions, Eagles, Alabama, College Football, Brock, Brock Purdy 49ers San Francisco, 1.2pts, 49ers, Detroit, Purdy, Kirk Cousins Falcons, Falcons, Atlanta, Jordan Love Packers, Dallas, Green Bay, Cowboys, Tua Tagovailoa Dolphins, Miami, AFC East, Trevor Lawrence Jaguars Jacksonville, Jaguars, Kyler Murray Cardinals, Cardinals, Murray, Deshaun Watson Browns, Browns, Cleveland, Baker Mayfield Buccaneers Tampa, ” Voters, Derek Carr Saints New, Mayfield, NFC, Saints, Buccaneers, Geno Smith Seahawks Seattle, Seattle, Russell Wilson Steelers Pittsburgh, of Fame, Steelers, Daniel Jones Giants New, Giants, Justin Fields Steelers, Bears, Gardner Minshew Raiders, Indy, Colts, Minshew, Raiders, Anthony Richardson Colts, Health, Levis Titans, Titans, Levis, Bryce Young Panthers Carolina, Panthers, Jacoby Brissett Patriots, Patriots, Getty Images, USA Locations: San Francisco, Baltimore, Mahomes, Burrow, Matthew Stafford Rams Los, Tier, Justin Herbert Chargers Los, Green Bay, Stroud, , what’s, USA, Oklahoma, Cleveland, Atlanta, Jackson, Lawrence, Kyler Murray Cardinals Arizona, Arizona, Houston, Derek Carr Saints New Orleans, Seattle, Pittsburgh, Wilson, Denver, Cam, Levis, Carolina, Sam Darnold Vikings, New York, Minnesota, New England
Total: 25