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Pac-12 collapse: Washington president says $500 million counteroffer to ESPN would have been “stupid,” doubts it ever happened

Published Fri, 27 Dec 2024 11:34:08 GMT

Washington president Ana Mari Cauce took issue with the notion that the Pac-12’s media rights negotiations with ESPN collapsed because the university presidents believed the conference was worth $50 million per school, or a whopping $500 million annually.Instead, Cauce said the $50 million figure was discussed last year as a target for the total revenue distributions to the campuses — meaning it would have included payouts from the College Football Playoff, the NCAA Tournament and the media rights deal.“In some models, it was possible for some schools to get $50 million,” Cauce told the Hotline in an interview earlier this month. “But at no time did anyone think we could all get $50 million in media rights. That would have been stupid.”Cauce explained that after the announced departures of USC and UCLA (in June 2022), commissioner George Kliavkoff told the 10 remaining presidents that 30 percent of the conference’s media valuation “just walked out the door.&#...

California has 6 of the most-valuable housing markets in US

Published Fri, 27 Dec 2024 11:34:08 GMT

California is home to a half-dozen of the nation’s most valuable housing markets.The total value of US housing rose more than $2.6 trillion in the past year to just under $52 trillion – up $1.1 trillion from housing’s previous value peak of June 2022, Zillow said in a new report.Those gains defy predictions that higher borrowing costs would lead to a prolonged slump. Low levels of supply, enhanced by the lock-in effect — which has left current mortgage borrowers reluctant to give up their low-cost loans — have pushed nationwide prices to a new high. The rise in the sum of Zillow’s estimated value for every US home was tied to a 0.7% rise in the average price plus a surge in new construction.At the top of the metro area rankings were six California markets …Los Angeles-Orange County: No. 2 in the US at $3.7 trillion, up $3 billion or 0.1% since the June 2022 housing peak.San Francisco: No. 3 at $1.8 trillion, down $176 billion or 9% since June 2022.San Diego: No. 9 at $994 billion...

Lanes reopen after possible shooting on I-580 in Oakland

Published Fri, 27 Dec 2024 11:34:08 GMT

(KRON) -- All lanes of eastbound Interstate 580 in Oakland were shut down due to a possible freeway shooting, the California Highway Patrol said Wednesday morning. Lanes have since reopened.The Oakland Police Department reported possible gunfire in the area around I-580 at Grand Avenue to CHP at 4:58 a.m., CHP said. By 5:31 a.m., CHP was on scene to close traffic lanes for the investigation.No victims or vehicles related to the possible shooting were found, CHP said. The investigation remains ongoing.Motorists should expect delays and are advised to use alternative routes. Lanes were reopened as of around 6:30 a.m., police said.This is a developing story. Check back for updates.

1 hospitalized after West Oakland shooting Tuesday

Published Fri, 27 Dec 2024 11:34:08 GMT

(KRON) -- A victim who was shot in Oakland on Tuesday is expected to survive, the Oakland Police Department said.A shooting was reported from a ShotSpotter activation on the 600 block of 25th Street in West Oakland just before 1:45 p.m., police said. Officers arrived on scene and located evidence that a shooting occurred. No victim was found at the location.Later Tuesday afternoon, police were notified that a person with a gunshot wound arrived at a local hospital. Investigators determined that the victim at the hospital sustained their injuries from the shooting on 25th Street. The victim is currently in stable condition, police said. Lanes reopen after possible shooting on I-580 in Oakland Oakland PD’s Felony Assault Unit is investigating the circumstances around the shooting. Anyone with information is asked to contact (510)-238-3426.

Travis Kelce notes Taylor Swift’s ‘bold’ appearance at Chiefs game but is mum about any relationship

Published Fri, 27 Dec 2024 11:34:08 GMT

Kansas City tight end Travis Kelce calls Taylor Swift’s appearance at the Chiefs’ victory over the Chicago Bears “pretty bold” but wants to remain private about any relationship with the superstar singer.Speaking on his podcast “New Heights with Jason and Travis Kelce” that premiered Wednesday morning, Kelce discussed Swift’s well-publicized appearance in a suite at Arrowhead Stadium with his family during Sunday’s 41-10 victory. The 12-time Grammy Award winner sat next to Kelce’s mom, Donna, and yelled during the game.Kelce said it was “awesome” how everyone treated Swift in the suite and added that they all had great things to say about her.“She looked amazing,” he added. “Everybody was talking about her and in a great light. And on top of that, you know, the day went perfect for Chiefs fans. Of course, we script it all, ladies and gentlemen.”Kelce and Swift were seen leaving the stadium together after the game, with the two-time Super Bowl winner joking that they “sli...

Fire rips through Iraqi wedding hall, killing around 100 in shock to Christian community

Published Fri, 27 Dec 2024 11:34:08 GMT

MOSUL, Iraq (AP) — As they watched the bride and groom start their slow dance, Faten Youssef imagined the future wedding of her son, seated next to her at a reception table. Within moments, however, disaster struck when an inferno erupted that would leave nearly 100 dead in the northern Iraqi wedding hall.As the dance began, a ring of pyrotechnics machines on the floor released fountains of sparks into the air. As the music played, ceiling panels above the machines burst into flames.The around 250 panicked guests in the the Haitham Royal Wedding Hall in the predominantly Christian Hamdaniya area stampeded for the exits as flaming decorations and pieces of ceiling rained down on them.Authorities on Wednesday said around 100 people were killed, with the toll expected to rise with at least 100 injured, including many critically burned. Authorities said highly flammable building materials contributed to the disaster. The tragedy Tuesday night was the latest to hit Iraq’s Christian minor...

Italy at the Rugby World Cup: ‘We’re coming for the All Blacks’

Published Fri, 27 Dec 2024 11:34:08 GMT

The All Blacks are coming.And here’s what Italy says: The Azzurri are coming, too.The former All Black who has transformed Italy into a respectable outfit talked up his Rugby World Cup team to boldly go on Friday in Lyon where no Italians have gone before: To victory against New Zealand.“We are not going out there to try to keep the score down. We are going out there to try to win the game,” coach Kieran Crowley said on Wednesday. “We’ve got to show some courage, we’ve got to play.”Italy and New Zealand are in the same boat in Pool A: Chasing host France for one of the two quarterfinal places. Italy has a 2-0 record and wants to make the quarterfinals for the first time. New Zealand has a rare 1-1 record, and needs the win to ensure its progress towards the quarters.Crowley believes his team is ready. They are fitter, more disciplined, set-piece strong with threats in the backline, and play hard to the end.After coming from behind at halftime to beat Uruguay 38-17 ...

Late-night TV shows announce their return after Hollywood writers strike ends

Published Fri, 27 Dec 2024 11:34:08 GMT

NEW YORK (AP) — TV’s late-high hosts planned to return to their evening sketches and monologues by next week, reinstating the flow of topical humor silenced for five months by the newly-ended Hollywood’s writers strike.Bill Maher led the charge back to work by announcing early Wednesday that his HBO show “Real Time with Bill Maher” would be back on the air Friday. By mid-morning, the hosts of NBC’s “The Tonight Show Starring Jimmy Fallon” and “Late Night with Seth Meyers,” ABC’s “Jimmy Kimmel Live,” and “The Late Show With Stephen Colbert” on CBS had announced they’d also return, all by Monday. “Last Week Tonight” with John Oliver was slated to return to the air Sunday.Fallon, Meyers, Kimmel, Colbert and Oliver had spent the latter part of the strike teaming up for a popular podcast called “Strike Force Five” — named after their personal text chain and with all proceeds benefiting their out-of-work writers. On Instagram on Wednesday, they announced “their mission complet...

MillerKnoll, Peloton rise; Progress Software, NextEra Energy fall, Wednesday, 9/27/2023

Published Fri, 27 Dec 2024 11:34:08 GMT

NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Wednesday:Jabil Inc. (JBL), up 98 cents to $105.98.The electronics manufacturer is selling its Mobility business to BYD Electronic for $2.2 billion.AutoNation Inc. (AN), up $3.29 to $153.93.The auto retailer reportedly offered to buy British automotive retailer Pendragon.Progress Software Corp. (PRGS), down $1.54 to $53.83.The business software maker gave investors a weak profit forecast for the current quarter.MillerKnoll Inc. (MLKN), up $5.45 to $24.60.The furniture maker raised is profit forecast for the year.Peloton Interactive Inc. (PTON), up 1 cent to $4.63.The exercise bike and treadmill company named Nick Caldwell as its new chief product officer.AAR Corp. (AIR), up $1.33 to $60.55.The airplane maintenance company reported strong fiscal first-quarter financial results.NextEra Energy Inc. (NEE), down $3.86 to $61.48.The parent company of Florida Power & Light Co. sold its Florida City Gas...

A Turkish film festival has been threatened by accusations of censorship

Published Fri, 27 Dec 2024 11:34:08 GMT

ISTANBUL (AP) — Turkey’s oldest film festival has been thrown into turmoil after jury members resigned and filmmakers withdrew their work from the competition over accusations of censorship.The producers and directors of 27 entries at the Antalya Golden Orange Film Festival on Wednesday announced they were pulling out, days after 20 members of the festival jury quit over the organizers’ removal of a documentary.“Kanun Hukmu,” or “The Decree,” focuses on a teacher and doctor dismissed from their jobs under the state of emergency imposed in Turkey following an attempted coup in 2016.Festival director Ahmet Boyacioglu said the documentary had been removed from the national documentary film category because of ongoing legal proceedings against one of the people featured.“For this reason, it has been decided to exclude the film from this year’s selection in order not to affect the judicial process and impartiality,” he said.However, the film’s director, Nejla Demirci, said that was an “e...