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Players Era Festival organizers betting big NIL is future of college tourneys
Her visit to Syria to meet with then-President Bashar Assad around the time of Trump’s first inauguration during the country’s bloody civil war stunned the Washington national security establishment.Frequency Electronics: Fiscal Q2 Earnings Snapshot
By LISA MASCARO and FARNOUSH AMIRI WASHINGTON (AP) — President-elect Donald Trump’s pick for intelligence chief Tulsi Gabbard faced fresh scrutiny Monday on Capitol Hill about her proximity to Russian-ally Syria amid the sudden collapse of that country’s hardline Assad rule. Gabbard ignored shouted questions about her 2017 visit to war-torn Syria as she ducked into one of several private meetings with senators who are being asked to confirm Trump’s unusual nominees . Related Articles National Politics | Trump promises to end birthright citizenship: What is it and could he do it? National Politics | Trump has flip-flopped on abortion policy. His appointees may offer clues to what happens next National Politics | In promising to shake up Washington, Trump is in a class of his own National Politics | Election Day has long passed. In some states, legislatures are working to undermine the results National Politics | Trump taps his attorney Alina Habba to serve as counselor to the president But the Democrat-turned-Republican Army National Reserve lieutenant colonel delivered a statement in which she reiterated her support for Trump’s America First approach to national security and a more limited U.S. military footprint overseas. “I want to address the issue that’s in the headlines right now: I stand in full support and wholeheartedly agree with the statements that President Trump has made over these last few days with regards to the developments in Syria,” Gabbard said exiting a Senate meeting. The incoming president’s Cabinet and top administrative choices are dividing his Republican allies and drawing concern , if not full opposition, from Democrats and others. Not just Gabbard, but other Trump nominees including Pentagon pick Pete Hegseth, were back at the Capitol ahead of what is expected to be volatile confirmation hearings next year. The incoming president is working to put his team in place for an ambitious agenda of mass immigrant deportations, firing federal workers and rollbacks of U.S. support for Ukraine and NATO allies. “We’re going to sit down and visit, that’s what this is all about,” said Sen. Mike Rounds, R-S.D., as he welcomed Gabbard into his office. Meanwhile, Defense Secretary pick Hegseth appeared to be picking up support from once-skeptical senators, the former Army National Guard major denying sexual misconduct allegations and pledging not to drink alcohol if he is confirmed. The president-elect’s choice to lead the FBI, Kash Patel , who has written extensively about locking up Trump’s foes and proposed dismantling the Federal Bureau of Investigation, launched his first visits with senators Monday. “I expect our Republican Senate is going to confirm all of President Trump’s nominees,” said Sen. Tom Cotton, R-Ark., on social media. Despite widespread concern about the nominees’ qualifications and demeanors for the jobs that are among the highest positions in the U.S. government, Trump’s team is portraying the criticism against them as nothing more than political smears and innuendo. Showing that concern, nearly 100 former senior U.S. diplomats and intelligence and national security officials have urged Senate leaders to schedule closed-door hearings to allow for a full review of the government’s files on Gabbard. Trump’s allies have described the criticisms of Hegseth in particular as similar to those lodged against Brett Kavanaugh, the former president’s Supreme Court nominee who denied a sexual assault allegation and went on to be confirmed during Trump’s first term in office. Said Sen. Lindsey Graham, R-S.C., about Hegseth: “Anonymous accusations are trying to destroy reputations again. We saw this with Kavanaugh. I won’t stand for it.” One widely watched Republican, Sen. Joni Ernst of Iowa, herself a former Army National Guard lieutenant colonel and sexual assault survivor who had been criticized by Trump allies for her cool reception to Hegseth, appeared more open to him after their follow-up meeting Monday. “I appreciate Pete Hegseth’s responsiveness and respect for the process,” Ernst said in a statement. Ernst said that following “encouraging conversations,” he had committed to selecting a senior official who will “prioritize and strengthen my work to prevent sexual assault within the ranks. As I support Pete through this process, I look forward to a fair hearing based on truth, not anonymous sources.” Ernst also had praise for Patel — “He shares my passion for shaking up federal agencies” — and for Gabbard. Once a rising Democratic star, Gabbard, who represented Hawaii in Congress, arrived a decade ago in Washington, her surfboard in tow, a new generation of potential leaders. She ran unsuccessfully for president in 2020. But Gabbard abruptly left the party and briefly became an independent before joining with Trump’s 2024 campaign as one of his enthusiasts, in large part over his disdain for U.S. involvement overseas and opposition to helping Ukraine battle Russia. Her visit to Syria to meet with then-President Bashar Assad around the time of Trump’s first inauguration during the country’s bloody civil war stunned her former colleagues and the Washington national security establishment. The U.S. had severed diplomatic relations with Syria. Her visit was seen by some as legitimizing a brutal leader who was accused of war crimes. Gabbard has defended the trip, saying it’s important to open dialogue, but critics hear in her commentary echoes of Russia-fueled talking points. Assad fled to Moscow over the weekend after Islamist rebels overtook Syria in a surprise attack, ending his family’s five decades of rule. She said her own views have been shaped by “my multiple deployments and seeing firsthand the cost of war and the threat of Islamist terrorism.” Gabbard said, “It’s one of the many reasons why I appreciate President Trump’s leadership and his election, where he is fully committed, as he has said over and over, to bring about an end to wars.” Last week, the nearly 100 former officials, who served in both Democratic and Republican administrations, said in the letter to Senate leaders they were “alarmed” by the choice of Gabbard to oversee all 18 U.S. intelligence agencies. They said her past actions “call into question her ability to deliver unbiased intelligence briefings to the President, Congress, and to the entire national security apparatus.” The Office of the Director of National Intelligence was created after the Sept. 11, 2001, attacks to coordinate the nation’s intelligence agencies and act as the president’s main intelligence adviser. Associated Press writer Stephen Groves contributed to this report.Second-warmest November on record means that 2024 is likely to be Earth's hottest year
$1 million per homer? $27,000 a point? $229 per second? Sports is loaded with money oddities If Juan Soto replicates his 2024 performance throughout his $765 million, 15-year deal with the Mets, he'll make roughly $1.2 million for every home run he hits. He's hardly the only superstar athlete earning outrageous sums for each of his accomplishments. Some NFL quarterbacks make more than $3 million per game. Stephen Curry could make roughly $161,000 per 3-pointer. This past regular season, Lionel Messi earned $229 for every second he was on the field with Inter Miami. Is the College Football Playoff bracket fair? Here are some tweaks that would have changed things The committee that chose the 12 contenders for college football’s national title was only worried about ranking the teams. Where those teams landed in the bracket was based on a formula created by conference commissioners. That jumbled up the pairings and made a strong case for tinkering in the future. Some possible tweaks, like reseeding after the first round or not giving conference champions automatic byes, would have resulted in a vastly different tournament this year, Belichick says he's had 'good conversations' with UNC chancellor amid Tar Heels' coaching search Former New England Patriots coach and six-time Super Bowl champion Bill Belichick says he had “a couple of good conversations” with North Carolina Chancellor Lee Roberts amid his discussions about the Tar Heels’ head-coaching job. Belichick appeared on ESPN's “The Pat McAfee Show" on Monday. He said he had spent the 11 months since his departure from the Patriots taking a “longer look” at the college level. He said he had learned a lot and had “a couple of good conversations" with Roberts. UNC fired the program's all-time winningest coach in Mack Brown last month. Cowboys set to host Bengals under open roof after falling debris thwarted that plan against Texans ARLINGTON, Texas (AP) — The roof at the home of the Dallas Cowboys has opened without incident and will stay that way for a Monday night meeting with the Cincinnati Bengals. It will be the first game with the roof open at AT&T Stadium since Oct. 30, 2022. The roof was supposed to be open three weeks ago for Houston’s 34-10 victory on another Monday night. A large piece of metal and other debris fell roughly 300 feet to the field as the retractable roof was opening. The roof was then closed for that game. Tennessee grabs No. 1 in AP Top 25 after shakeup; No. 3 Iowa State has highest ranking since 1950s Tennessee is the new No. 1 in men's college basketball after a massive shakeup in the AP Top 25. The Vols are No. 1 for the first time since the 2018-19 season. Auburn remained No. 2 and No. 3 Iowa State has its highest ranking since 1956-57. Kentucky rounds out the top five. Tennessee is off to its best start since opening the 2000-01 season 9-0. Georgia QB Carson Beck's status for Sugar Bowl uncertain as he considers treatment options on elbow ATLANTA (AP) — Quarterback Carson Beck’s status for No. 2 Georgia’s Sugar Bowl College Football Playoff quarterfinal is uncertain after he suffered an elbow injury in Saturday’s Southeastern Conference championship game win over Texas. Georgia announced Monday there is no timetable on Beck’s return as he and his family explore treatment options. Georgia coach Kirby Smart said Sunday the team was awaiting results of tests. The school did not announce details of the injury. Punter Brett Thorson will need season-ending surgery after injuring his non-kicking leg. Backup Gunner Stockton likely would start in the Sugar Bowl if Beck is unable to play. Another final-second victory puts the Chiefs in prime spot to secure AFC's No. 1 seed: Analysis A thunderous doink helped the Kansas City Chiefs gain some breathing room in the race for the No. 1 seed in the AFC after the Buffalo Bills fell short despite Josh Allen’s spectacular performance. The fight for the top spot in the NFC stayed close as the Minnesota Vikings and Philadelphia Eagles kept pace with the Detroit Lions. Four weeks remain in the NFL regular season to determine the playoff picture. There’s a clear leader in the fight for the AFC’s bye. The two-time defending Super Bowl champion Chiefs are 12-1 and in excellent position to secure home-field advantage throughout the playoffs after a 19-17 win with a last-second field goal over the Los Angeles Chargers. No. 19 Tennessee back in women's AP Top 25 after year out of poll; UCLA, UConn remain 1-2 Tennessee is back in the AP Top 25 at No. 19, ending the school’s longest drought in the 48-year history of the women’s basketball poll. The Lady Vols (7-0) had not been ranked since Nov. 27, 2023, a span of 22 polls. Since the rankings began in 1976, Tennessee has been in the Top 25 in 779 of 870 total weeks. UCLA, UConn and South Carolina remain the top three teams and Oklahoma has cracked the top 10. Georgia Tech and N.C. State entered the rankings while Illinois, Louisville and Alabama fell out. College football transfer portal opens as Oklahoma's Arnold, other top players look for a move The college football transfer portal has opened a day after the inaugural 12-team College Football Playoff field was released. The portal period closes on Dec. 28. Oklahoma QB Jackson Arnold, Texas State running back Ismail Mahdi, Miami (Ohio) wide receiver Reggie Virgil and Ohio State QB Devin Brown were among the first players who entered the portal. The sophomore Arnold passed for 1,984 yards with 16 touchdowns and six interceptions and ran for 560 yards and four scores at Oklahoma. Mahdi led the nation with 2,169 all-purpose yards last season. Brown entered the transfer portal after three years as a backup. Saquon Barkley is chasing Eric Dickerson's NFL season rushing record. Can he do it? PHILADELPHIA (AP) — Philadelphia Eagles running back Saquon Barkley is closing in on the NFL season rushing record. Barkley set the Eagles' franchise record when he rushed for 124 yards and pushed his season total to 1,623 yards in a win against Carolina. Barkley also maintained his pace to break Eric Dickerson’s NFL single-season rushing record of 2,105 yards, set in 1984 with the Los Angeles Rams. Barkley is averaging 124.8 yards per game. At that pace and with one more game to play than Dickerson had, Barkley would become the top single-season rusher in NFL history. He needs 483 yards over the final four games to top Dickerson’s 40-year-old record. Barkley is on pace for 2,122 yards, just 17 yards beyond Dickerson’s 2,105 total.
Forte Speech & Language Therapy Announces New Report on the Benefits of In-Home Speech Therapy 11-25-2024 09:08 PM CET | Politics, Law & Society Press release from: Getnews / PR Agency: Spine PR Image: https://www.getnews.info/wp-content/uploads/2024/11/1732071668.jpg Forte Speech & Language Therapy is pleased to announce the release of a comprehensive new report highlighting the significant benefits of in-home speech therapy in Los Angeles [ https://www.fortespeech.com/ ] for individuals of all ages. The report outlines how in-home speech therapy can offer unique advantages, including enhanced convenience, individualized care, and better engagement for clients. As speech and language therapy plays a crucial role in improving communication, cognition, and quality of life, Forte's report underscores the increasing demand for home-based therapy sessions. This is true particularly for families with young children, elderly individuals, and those with mobility challenges. The report also presents data that demonstrate the positive outcomes of therapy delivered in the comfort of the home environment. The report takes a particular interest in children's speech therapy [ https://www.fortespeech.com/services/pediatric/ ] in an in-home setting, and its benefits for both kids with speech or language disorders, and their families. "Let's face it - we're all living busy, complicated lives," the report outlines. "Do you want to drive across Los Angeles in rush hour traffic after you've been working hard all day just to get to your speech therapy appointment?" But there's more to it than just convenience. When children receive speech therapy in their own home, it helps them to feel more at ease. This helps improve the efficacy of speech therapy from the first session when compared to in clinic services. All kids can benefit from this, the report outlines, but it's particularly beneficial for certain populations. For example, neurodivergent kids are often less accommodating to changes in schedule. This is also true for kids with anxiety-related speech disorders, like selective mutism, or for kids with diagnoses that affect their mobility, like cerebral palsy or muscular dystrophy. In-home speech therapy also gives kids access to their favorite toys, which their speech therapist can use in treatment. But the benefits don't end there. When a child receives speech therapy interventions in their home, they have the chance to meet the whole family. This includes parents and caregivers, siblings, and anyone else who lives in the home. This makes it easier to get questions answered, but it actually improves a child's therapeutic outcomes. When everyone in the family is involved, they can more easily reinforce therapeutic goals. Forte Speech & Language Therapy's team of licensed speech-language pathologists (SLPs) provide evidence-based, in-home therapy across a variety of diagnoses. These include articulation disorders, developmental delays, stuttering, and more. The new report serves as a valuable resource for families and healthcare professionals seeking insights into the advantages of this flexible and impactful approach to therapy. The report, titled "Why Choose In-Home Speech Therapy? [ https://www.fortespeech.com/why-choose-in-home-speech-therapy/ ]" can be accessed via the clinic's website. Location: https://www.google.com/maps/embed?pb=!1m14!1m8!1m3!1d4911.4754883458045!2d-119.306607!3d37.269168!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x2aad123f7b3f5da1%3A0x39a6352ab447aaac!2sForte%20Speech%20%26%20Language%20Therapy!5e1!3m2!1sen!2sus!4v1732071720425!5m2!1sen!2sus Media Contact Company Name: Forte Speech & Language Therapy Contact Person: Kylie Puckett, MA, CCC-SLP Email: Send Email [ http://www.universalpressrelease.com/?pr=forte-speech-language-therapy-announces-new-report-on-the-benefits-of-inhome-speech-therapy ] Phone: +1 (818) 208 0027 City: Los Angeles State: California Country: United States Website: https://www.fortespeech.com/ This release was published on openPR.AP Sports SummaryBrief at 6:44 p.m. EST
PINE BLUFF, Ark. (AP) — Dennis Asoro scored 16 points as Arkansas-Pine Bluff beat Ecclesia 120-61 on Tuesday. Asoro shot 8 of 9 from the field for the Golden Lions (3-10). Kyle Brown added 15 points while going 6 of 7 and 3 of 4 from the free-throw line while they also had six rebounds. Zach Reinhart shot 5 for 7 from beyond the arc to finish with 15 points. Justin Reaves led the way for the Royals with 26 points, six rebounds and two steals. Quintus McNeal added 13 points and five assists, and Ahmad Raymond had 12 points and four assists. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
New Marvell AI accelerator (XPU) architecture enables up to 25% more compute, 33% greater memory while improving power efficiency. Marvell collaborating with Micron, Samsung and SK hynix on custom high-bandwidth memory (HBM) solutions to deliver custom XPUs. Architecture comprises advanced die-to-die interfaces, HBM base dies, controller logic and advanced packaging for new XPU designs. SANTA CLARA, Calif. , Dec. 10, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced that it has pioneered a new custom HBM compute architecture that enables XPUs to achieve greater compute and memory density. The new technology is available to all of its custom silicon customers to improve the performance, efficiency and TCO of their custom XPUs. Marvell is collaborating with its cloud customers and leading HBM manufacturers, Micron, Samsung Electronics, and SK hynix to define and develop custom HBM solutions for next-generation XPUs. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.SANTA CLARA, Calif. , Dec. 10, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced that it has pioneered a new custom HBM compute architecture that enables XPUs to achieve greater compute and memory density. The new technology is available to all of its custom silicon customers to improve the performance, efficiency and TCO of their custom XPUs. Marvell is collaborating with its cloud customers and leading HBM manufacturers, Micron, Samsung Electronics, and SK hynix to define and develop custom HBM solutions for next-generation XPUs. HBM is a critical component integrated within the XPU using advanced 2.5D packaging technology and high-speed industry-standard interfaces. However, the scaling of XPUs is limited by the current standard interface-based architecture. The new Marvell custom HBM compute architecture introduces tailored interfaces to optimize performance, power, die size, and cost for specific XPU designs. This approach considers the compute silicon, HBM stacks, and packaging. By customizing the HBM memory subsystem, including the stack itself, Marvell is advancing customization in cloud data center infrastructure. Marvell is collaborating with major HBM makers to implement this new architecture and meet cloud data center operators' needs. The Marvell custom HBM compute architecture enhances XPUs by serializing and speeding up the I/O interfaces between its internal AI compute accelerator silicon dies and the HBM base dies. This results in greater performance and up to 70% lower interface power compared to standard HBM interfaces. The optimized interfaces also reduce the required silicon real estate in each die, allowing HBM support logic to be integrated onto the base die. These real-estate savings, up to 25%, can be used to enhance compute capabilities, add new features, and support up to 33% more HBM stacks, increasing memory capacity per XPU. These improvements boost XPU performance and power efficiency while lowering TCO for cloud operators. "The leading cloud data center operators have scaled with custom infrastructure. Enhancing XPUs by tailoring HBM for specific performance, power, and total cost of ownership is the latest step in a new paradigm in the way AI accelerators are designed and delivered," said Will Chu, Senior Vice President and General Manager of the Custom, Compute and Storage Group at Marvell. "We're very grateful to work with leading memory designers to accelerate this revolution and, help cloud data center operators continue to scale their XPUs and infrastructure for the AI era." "Increased memory capacity and bandwidth will help cloud operators efficiently scale their infrastructure for the AI era," said Raj Narasimhan, senior vice president and general manager of Micron's Compute and Networking Business Unit. "Strategic collaborations focused on power efficiency, such as the one we have with Marvell, will build on Micron's industry-leading HBM power specs, and provide hyperscalers with a robust platform to deliver the capabilities and optimal performance required to scale AI." "Optimizing HBM for specific XPUs and software environments will greatly improve the performance of cloud operators' infrastructure and ensure efficient power use," said Harry Yoon , corporate executive vice president of Samsung Electronics and head of Americas products and solutions planning. "The advancement of AI depends on such focused efforts. We look forward to collaborating with Marvell, a leader in custom compute silicon innovation." "By collaborating with Marvell, we can help our customers produce a more optimized solution for their workloads and infrastructure," said Sunny Kang , VP of DRAM Technology, SK hynix America. "As one of the leading pioneers of HBM, we look forward to shaping this next evolutionary stage for the technology." "Custom XPUs deliver superior performance and performance per watt compared to merchant, general-purpose solutions for specific, cloud-unique workloads," said Patrick Moorhead , CEO and Founder of Moor Insights & Strategy. "Marvell, already a player in custom compute silicon, is already delivering tailored solutions to leading cloud companies. Their latest custom compute HBM architecture platform provides an additional lever to enhance the TCO for custom silicon. Through strategic collaboration with leading memory makers, Marvell is poised to empower cloud operators in scaling their XPUs and accelerated infrastructure, thereby paving the way for them to enable the future of AI." Marvell and the M logo are trademarks of Marvell or its affiliates. Please visit www.marvell.com for a complete list of Marvell trademarks. Other names and brands may be claimed as the property of others. This press release contains forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future events, results or achievements. Actual events, results or achievements may differ materially from those contemplated in this press release. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict, including those described in the "Risk Factors" section of our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and other documents filed by us from time to time with the SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and no person assumes any obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise. For further information, contact: Kim Markle pr@marvell.com View original content to download multimedia: https://www.prnewswire.com/news-releases/marvell-announces-breakthrough-custom-hbm-compute-architecture-to-optimize-cloud-ai-accelerators-302328144.html SOURCE Marvell
Marvell Introduces 1.6 Tbps LPO Chipset to Enable Optical Short-reach, Scale-up Compute Fabric InterconnectsA Goodreads user who appears to be Luigi Mangione, and named a person of interest in the slaying of , gave a 4-star rating to the manifesto of . The review from January 2024 was written by a user with the profile name "Luigi (lnmangione)" and the same photo that . Kaczynski, convicted of between 1978 and 1995 that killed 3 and injured 23, was a "mathematics prodigy" begins the 8-paragraph review of the manifesto, “Industrial Society and Its Future." The review concludes with a 4-paragraph quote the reviewer said he'd found online that ends: "’Violence never solved anything’ is a statement uttered by cowards and predators." The review said Kaczynski’s manifesto examined "the question of 21st century quality of life.” “It’s easy to quickly and thoughtless write this off as the manifesto of a lunatic, in order to avoid facing some of the uncomfortable problems it identifies. But it's simply impossible to ignore how prescient many of his predictions about modern society turned out," the reviewer says. “He was a violent individual − rightfully imprisoned − who maimed innocent people," Mangione wrote. "While these actions tend to be characterized as those of a crazy luddite, however, they are more accurately seen as those of an extreme political revolutionary.” The four-paragraph passage the reviewer says he found “online” includes the following: “When all other forms of communication fail, violence is necessary to survive. You may not like his methods, but to see things from his perspective, it's not terrorism, it's war and revolution." New York Police Department Chief of Detectives Joseph Kenny said Monday that Mangione had been detained by police in Altoona, Pennsylvania, carrying a 3D-printed gun, a silencer, and documents indicating "some ill will toward corporate America." The unnamed writer quoted in Mangione's review of The Unabomber Manifesto had antipathy to spare. "Peaceful protest is outright ignored, economic protest isn't possible in the current system, so how long until we recognize that violence against those who lead us to such destruction is justified as self-defense,” the passage reads. "These companies don't care about you, or your kids, or your grandkids," the quote continued. "They have zero qualms about burning down the planet for a buck, so why should we have any qualms about burning them down to survive?” While New York Mayor Eric Adams called Mangione "a strong person of interest" in Thompson's death, he was not immediately charged in the slaying. A lawyer for Mangione could not be reached for comment.
LAS VEGAS — Players Era Festival organizers have done what so many other have tried — bet their fortunes in this city that a big payoff is coming. Such bet are usually bad ones, which is why so many massive casino-resorts have been built on Las Vegas Boulevard. But it doesn't mean the organizers are wrong. They're counting on the minimum of $1 million in guaranteed name, image and likeness money that will go to each of the eight teams competing in the neutral-site tournament that begins Tuesday will create a precedent for other such events. EverWonder Studios CEO Ian Orefice, who co-founded Players with former AND1 CEO Seth Berger, compared this event to last year's inaugural NBA In-Season Tournament that played its semifinals and final in Las Vegas by saying it "did really well to reinvigorate the fan base at the beginning of the year." People are also reading... "We're excited that we're able to really change the paradigm in college basketball on the economics," Orefice said. "But for us, it's about the long term. How do we use the momentum that is launching with the 2024 Players Era Festival and be the catalyst not to change one event, but to change college basketball for the future." Orefice and Berger didn't disclose financial details, but said the event will come close to breaking even this year and that revenue is in eight figures. Orefice said the bulk of the revenue will come from relationships with MGM, TNT Sports and Publicis Sport & Entertainment as well as sponsors that will be announced later. Both organizers said they are so bullish on the tournament's prospects that they already are planning ahead. Money made from this year's event, Orefice said, goes right back into the company. "We're really in this for the long haul," Orefice said. "So we're not looking at it on a one-year basis." Rick Giles is president of the Gazelle Group, which also operates several similar events, including the College Basketball Invitational. He was skeptical the financial numbers would work. Giles said in addition to more than $8 million going to the players, there were other expenses such as the guarantees to the teams. He said he didn't know if the tournament would make up the difference with ticket sales, broadcast rights and sponsorship money. The top bowl of the MGM Grand Garden Arena will be curtained off. "The math is highly challenging," Giles said. "Attendance and ticket revenues are not going to come anywhere close to covering that. They haven't announced any sponsors that I'm aware of. So it all sort of rests with their media deal with Turner and how much capital they want to commit to it to get these players paid." David Carter, a University of Southern California adjunct professor who also runs the Sports Business Group consultancy, said even if the Players isn't a financial success this year, the question is whether there will be enough interest to move forward. "If there is bandwidth for another tournament and if the TV or the streaming ratings are going to be there and people are going to want to attend and companies are going to want to sponsor, then, yeah, it's probably going to work," Carter said. "But it may take them time to gain that traction." Both founders said they initially were met with skepticism about putting together such an event, especially from teams they were interested in inviting. Houston was the first school to commit, first offering an oral pledge early in the year and then signing a contract in April. That created momentum for others to join, and including the No. 6 Cougars, half the field is ranked. "We have the relationships to operate a great event," Berger said. "We had to get coaches over those hurdles, and once they knew that we were real, schools got on board really quickly." The founders worked with the NCAA to make sure the tournament abided by that organization's rules, so players must appear at ancillary events in order to receive NIL money. Strict pay for play is not allowed, though there are incentives for performance. The champion, for example, will receive $1.5 million in NIL money. Now the pressure is on to pull off the event and not create the kind of headlines that can dog it for years to come. "I think everybody in the marketplace is watching what's going to happen (this) week and, more importantly, what happens afterwards," Giles said. "Do the players get paid on a timely basis? And if they do, that means that Turner or somebody has paid way more than the market dictates? And the question will be: Can that continue?" CREIGHTON: P oint guard Steven Ashworth likely won’t play in the No. 21 Bluejays’ game against San Diego State in the Players Era Festival in Las Vegas. Ashworth sprained his right ankle late in a loss to Nebraska on Friday and coach Greg McDermott said afterward he didn’t know how long he would be out. Be the first to knowLiberty Global Schedules Investor Call for Full-Year 2024 ResultsWASHINGTON – President-elect Donald Trump's pick for intelligence chief Tulsi Gabbard faced fresh scrutiny Monday on Capitol Hill about her proximity to Russian-ally Syria amid the sudden collapse of that country's hardline Assad rule. Gabbard ignored shouted questions about her 2017 visit to war-torn Syria as she ducked into one of several private meetings with senators who are being asked to confirm Trump's unusual nominees . Recommended Videos But the Democrat-turned-Republican Army National Reserve lieutenant colonel delivered a statement in which she reiterated her support for Trump's America First approach to national security and a more limited U.S. military footprint overseas. “I want to address the issue that’s in the headlines right now: I stand in full support and wholeheartedly agree with the statements that President Trump has made over these last few days with regards to the developments in Syria,” Gabbard said exiting a Senate meeting. The incoming president’s Cabinet and top administrative choices are dividing his Republican allies and drawing concern , if not full opposition, from Democrats and others. Not just Gabbard, but other Trump nominees including Pentagon pick Pete Hegseth, were back at the Capitol ahead of what is expected to be volatile confirmation hearings next year. The incoming president is working to put his team in place for an ambitious agenda of mass immigrant deportations, firing federal workers and rollbacks of U.S. support for Ukraine and NATO allies. “We’re going to sit down and visit, that’s what this is all about,” said Sen. Mike Rounds, R-S.D., as he welcomed Gabbard into his office. Meanwhile, Defense Secretary pick Hegseth appeared to be picking up support from once-skeptical senators, the former Army National Guard major denying sexual misconduct allegations and pledging not to drink alcohol if he is confirmed. The president-elect's choice to lead the FBI, Kash Patel , who has written extensively about locking up Trump's foes and proposed dismantling the Federal Bureau of Investigation, launched his first visits with senators Monday. “I expect our Republican Senate is going to confirm all of President Trump’s nominees,” said Sen. Tom Cotton, R-Ark., on social media. Despite widespread concern about the nominees' qualifications and demeanors for the jobs that are among the highest positions in the U.S. government, Trump's team is portraying the criticism against them as nothing more than political smears and innuendo. Showing that concern, Nearly 100 former senior U.S. diplomats and intelligence and national security officials have urged Senate leaders to schedule closed-door hearings to allow for a full review of the government’s files on Gabbard. Trump's allies have described the criticisms of Hegseth in particular as similar to those lodged against Brett Kavanaugh, the former president's Supreme Court nominee who denied a sexual assault allegation and went on to be confirmed during Trump's first term in office. Said Sen. Lindsey Graham, R-S.C., about Hegseth: “Anonymous accusations are trying to destroy reputations again. We saw this with Kavanaugh. I won’t stand for it.” One widely watched Republican, Sen. Joni Ernst of Iowa, herself a former Army National Guard lieutenant colonel and sexual assault survivor who had been criticized by Trump allies for her cool reception to Hegseth, appeared more open to him after their follow-up meeting Monday. “I appreciate Pete Hegseth’s responsiveness and respect for the process,” Ernst said in a statement. Ernst said that following “encouraging conversations,” he had committed to selecting a senior official who will "prioritize and strengthen my work to prevent sexual assault within the ranks. As I support Pete through this process, I look forward to a fair hearing based on truth, not anonymous sources.” Ernst also had praise for Patel — “He shares my passion for shaking up federal agencies" — and for Gabbard. Once a rising Democratic star, Gabbard, who represented Hawaii in Congress, arrived a decade ago in Washington, her surfboard in tow, a new generation of potential leaders. She ran unsuccessfully for president in 2020. But Gabbard abruptly left the party and briefly became an independent before joining with Trump's 2024 campaign as one of his enthusiasts, in large part over his disdain for U.S. involvement overseas and opposition to helping Ukraine battle Russia. Her visit to Syria to meet with then-President Bashar Assad around the time of Trump's first inauguration during the country's bloody civil war stunned her former colleagues and the Washington national security establishment. The U.S. had severed diplomatic relations with Syria. Her visit was seen by some as legitimizing a brutal leader who was accused of war crimes. Gabbard has defended the trip, saying it's important to open dialogue, but critics hear in her commentary echoes of Russia-fueled talking points. Assad fled to Moscow over the weekend after Islamist rebels overtook Syria in a surprise attack, ending his family's five decades of rule. She said her own views have been shaped by “my multiple deployments and seeing firsthand the cost of war and the threat of Islamist terrorism.” Gabbard said, “It's one of the many reasons why I appreciate President Trump’s leadership and his election, where he is fully committed, as he has said over and over, to bring about an end to wars.” Last week, the nearly 100 former officials, who served in both Democratic and Republican administrations, said in the letter to Senate leaders they were “alarmed” by the choice of Gabbard to oversee all 18 U.S. intelligence agencies. They said her past actions “call into question her ability to deliver unbiased intelligence briefings to the President, Congress, and to the entire national security apparatus.” The Office of the Director of National Intelligence was created after the Sept. 11, 2001, attacks to coordinate the nation’s intelligence agencies and act as the president’s main intelligence adviser. ___ Associated Press writer Stephen Groves contributed to this report.
SAN DIEGO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC ("LPL Financial”), a wholly owned subsidiary of LPL Financial Holdings Inc. ( Nasdaq: LPLA ) (the "Company”), today released its monthly activity report for November 2024. Total advisory and brokerage assets at the end of November were $1.76 trillion, an increase of $86.0 billion, or 5.1%, compared to the end of October 2024. Total net new assets for November were $35.0 billion, which included $0.8 billion of acquired net new assets resulting from Liquidity & Succession activity. Total organic net new assets for November were $34.2 billion, translating to a 25.9% annualized growth rate. This included $26.3 billion of assets from Prudential Advisors ("Prudential”) that onboarded in November, and $0.6 billion of assets that off-boarded as part of the previously disclosed planned separation from misaligned large OSJs. Prior to these impacts, organic net new assets were $8.6 billion, translating to a 6.5% annualized growth rate. Total organic net new advisory assets were $27.9 billion, translating to a 37.6% annualized growth rate. Excluding the assets onboarded from Prudential and the off-boarded assets from misaligned large OSJs, total organic net new advisory assets were $9.6 billion, translating to a 12.9% annualized growth rate. Total client cash balances at the end of November were $50.5 billion, an increase of $2.2 billion compared to the end of October 2024. This included $1.9 billion resulting from the onboarding of Prudential. Net buying in November was $12.4 billion. For additional information regarding these and other LPL Financial business metrics, please refer to the Company's most recent earnings announcement , which is available in the quarterly results section of investor.lpl.com . Contacts Investor Relations [email protected] Media Relations [email protected] About LPL Financial LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports more than 28,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com . Securities and Advisory services offered through LPL Financial LLC ("LPL Financial”), a registered investment advisor. Member FINRA/SIPC. LPL Financial and its affiliated companies provide financial services only from the United States. Throughout this communication, the terms "financial advisors” and "advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial. We routinely disclose information that may be important to shareholders in the " Investor Relations ” or " Press Releases ” section of our website.