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NoneLAS 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." "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. Get local news delivered to your inbox!

T'puram: A 17-year-old girl from Attipra has gone missing after she left for school from home on Thursday morning. Kazhakkoottam police intensified search for her after registering a case. CCTV footage shows that the girl, a Plus One student at Kumarapuram Govt Higher Secondary School, was seen boarding a bus to Kumarapuram from Attipra in the morning. However, it is yet to be known where she alighted as she was absent from classes. The girl's mother contacted the schoolteacher after she did not return home by evening. When the teacher informed her that the girl was absent from the class, the mother soon approached police with a complaint. Police began a probe after registering a missing case under Section 57 of the Kerala Police Act. "The tower location of the girl's mobile phone showed at Nedumangad. But we could not trace her so far. We have intensified the search in the locality, and alerts have been passed to all police, bus and railway stations. The photograph of the girl was shared on various social media groups to trace her," police said. The girl was wearing a uniform when she went missing, and there were reports that the girl was abducted by a 23-year-old youth. "He is also missing, and his mobile phone remains switched off. Classmates of the student informed that the girl was seen communicating with the youth near the school several times," police added. TNN

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Homeland Security shares new details of mysterious drone flights over New Jersey A New Jersey lawmaker from part of the state where several mysterious drones have been spotted in recent week says the devices appear to avoid detection by traditional methods. Assemblywoman Dawn Fantasia was among state officials who met Wednesday with representatives from the Department of Homeland Security. She says lawmakers were told the drones have dodged detection by helicopters and radio. Fantasia says DHS described the devices as up to 6 feet in diameter and sometimes traveling with their lights off. The Morris County Republican made the comments in a post on X shortly after she and several other state and local lawmakers met with state police and Homeland Security officials. Juan Soto gets free luxury suite and up to 4 premium tickets for home games in $765M Mets deal DALLAS (AP) — Juan Soto gets free use of a luxury suite and up to four premium tickets behind home plate for regular-season and postseason New York Mets home games as part of his record $765 million, 15-year contract. The Mets agreed to provide personal team security for the All-Star outfielder and his family at the team’s expense for all spring training and regular-season home and road games, according to details of the agreement obtained by The Associated Press. New York agreed to assist Soto’s family for in-season travel arrangements, guaranteed he gets uniform No. 22 and included eight types of award bonuses. Rape allegation against Jay-Z won’t impact NFL's relationship with music mogul, Goodell says IRVING, Texas (AP) — NFL Commissioner Roger Goodell says a rape allegation against rapper Jay-Z won’t impact the NFL's relationship with the music mogul. Jay-Z's company Roc Nation has produced some of the NFL’s entertainment presentations including the Super Bowl halftime show. A woman who previously sued Sean “Diddy” Combs alleging she was raped at an awards show after-party in 2000 amended the lawsuit Sunday to include an allegation that Jay-Z was also at the party and participated in the sexual assault. Jay-Z says the rape allegation made against him is part of an extortion attempt. The NFL teamed up with Jay-Z’s Roc Nation in 2019 for events and social activism. The league and the entertainment company extended their partnership a few months ago. Ohio politician proposes make flag planting a felony after fight in Michigan rivalry game An Ohio politician has seen enough flag planting. Republican state Rep. Josh Williams said Wednesday on social media he's introducing a bill to make flag planting in sports a felony in the state. His proposal comes after the Nov. 30 fight at the Michigan-Ohio State rivalry football game when the Wolverines beat the Buckeyes 13-10 and then attempted to plant their flag at midfield. A fight ensued and police had to use pepper spray to disperse the players. Former Oklahoma quarterback Baker Mayfield famously planted a flag in the middle of the field at Ohio State after the Sooners beat the Buckeyes in 2017. Gastineau confronts Favre in documentary for his 'dive' on Strahan's record-breaking sack Former New York Jets star Mark Gastineau confronted Brett Favre last year at a memorabilia show and angrily accused the Pro Football Hall of Fame quarterback of deliberately going down on a record-breaking sack. The tense exchange is shown in the new ESPN 30 for 30 documentary “The New York Sack Exchange." It chronicles the Jets’ fearsome foursome defensive line of the 1980s that included Gastineau. Gastineau set an NFL record with 22 sacks in 1984, but Pro Football Hall of Famer Michael Strahan broke the mark when he sacked Favre in 2002 in a game between the Giants and Packers. Many have accused Favre of purposely taking the sack so Strahan could set the single-season record with 22 1/2. What happens next with Alex Jones' Infowars? No certainty yet after sale to The Onion is rejected Lawyers in the Alex Jones bankruptcy case are now in discussions on what could happen next after a federal judge in Texas rejected the auction sale of Jones’ Infowars to The Onion satirical news outlet. The next steps remained unclear Wednesday as the judge ordered the trustee who oversaw the auction to come up with a new plan. Judge Christopher Lopez in Houston rejected the bid late Tuesday, saying there was too much confusion about The Onion’s bid. The bankruptcy case was in the wake of the nearly $1.5 billion that courts have ordered Jones to pay for calling the Sandy Hook Elementary School shooting in Connecticut a hoax. Sandy Hook families had backed The Onion’s bid. NFL and Nike extend their partnership with a 10-year deal, will focus on growing the sport globally IRVING, Texas (AP) — The NFL’s desire to become a global powerhouse is no secret. Nike is committed to helping the league continue expanding its worldwide reach. The league and the apparel giant announced Wednesday a 10-year partnership extension. The NFL and Nike will focus on working together to grow the game’s global reach, increase participation, develop new talent, and expand the football fan base. Nike, the world’s largest supplier of athletic shoes and apparel, has been the NFL’s exclusive provider of uniforms and sideline, practice and base layer apparel for all 32 NFL teams for 12 years. George Kresge Jr., who wowed talk show audiences as the The Amazing Kreskin, dies at age 89 NEW YORK (AP) — George Joseph Kresge Jr., otherwise known to TV watchers as the mesmerizing entertainer and mentalist The Amazing Kreskin, has died at age 89. Kreskin’s friend and former road manager, Ryan Galway, says he died Tuesday at his home in Caldwell, New Jersey. Kreskin launched his television career in the 1960s and remained popular for decades, appearing with everyone from Merv Griffin to Johnny Carson to Jimmy Fallon. Fans would welcome, if not entirely figure out, his favorite mind tricks — whether correctly guessing a playing card chosen at random, or, most famously, divining where his paycheck had been planted among the audience. He also hosted a show in the 1970s, gave live performances and wrote numerous books. Albertsons sues Kroger for failing to win approval of their proposed supermarket merger Kroger and Albertsons’ plan for the largest U.S. supermarket merger in history has crumbled. The two companies have accused each other of not doing enough to push their proposed alliance through, and Albertsons pulled out of the $24.6 billion deal on Wednesday. The bitter breakup came the day after a federal judge in Oregon and a state judge in Washington issued injunctions to block the merger, saying that combining the two grocery chains could reduce competition and harm consumers. Albertsons is now suing Kroger, seeking a $600 million termination fee, as well as billions of dollars in legal fees and lost shareholder value. Kroger says the legal claims are “baseless.” Keynote Selena Gomez spotlights prioritizing mental health during Academy Women's Luncheon LOS ANGELES (AP) — While surveying a room packed with Hollywood’s most influential figures, “Emilia Pérez” star Selena Gomez took center stage at the Academy Women’s Luncheon to spotlight a critical issue: Prioritizing mental health and supporting underserved communities often left behind in the conversation. The singer-actor has been public about her mental health struggles, revealing she had been diagnosed with bipolar disorder. Gomez was the keynote speaker Tuesday at the event held at the Academy Museum of Motion Pictures with attendees including Ariana Grande, Olivia Wilde, Amy Adams, Pamela Anderson, Rita Wilson, Ava DuVernay and Awkwafina.Justice Esther Kisaakye flees into exile over threats to her life