Jaire Alexander broke a few records with the shiny new extension he reportedly signed on Monday. According to ESPN’s Adam Schefter, Alexander and the Green Bay Packers have agreed to a four-year, $84 million contract extension. Schefter reported that the 25-year-old Alexander will receive a $30 million signing bonus, a record for defensive backs, and will be paid just over $1 million in salary this season so his cap number can be as small as possible. His average yearly salary will be around… Source link
Read More »Nets’ Nic Claxton breaks futile Shaq free-throw record
Nic Claxton’s free throw misses certainly can’t be blamed for Brooklyn’s stunning 4-0 series sweep at the hands of the Boston Celtics. But they didn’t help. The Nets forward surpassed Shaquille O’Neal in the NBA record books during Monday’s Game 4 loss. And not in a good way. Claxton missed his first 10 free throws in the 116-12 loss, breaking the record for most free throws without a make to start a playoff game. Per Turner Sports — O’Neal’s employer — Shaq previously held the dubious… Source link
Read More »Reds rookie Hunter Greene breaks record for 100 mph pitches
Two starts into his MLB career, Cincinnati Reds starting pitcher Hunter Greene is exactly as advertised. Simply put, the rookie right-hander who went second overall in the 2017 MLB draft thanks to his easy triple-digit speed is lighting up the radar gun like no other pitcher in recent MLB history, if any MLB history. Greene made his second start for the Reds on Saturday at Dodger Stadium. By results, the Los Angeles native was strong enough, shutting down the Dodgers for five innings until… Source link
Read More »S&P 500 Is Defying Skeptics on Run Toward Record, Charts Show
(Bloomberg) — A hawkish Federal Reserve, high inflation, war and pestilence are among the reasons to doubt the U.S. stock market rebound. Technical studies suggest such naysayers risk missing out on a run to a record high. Most Read from Bloomberg Skeptics are presently fixated on proliferating inversions across the Treasury yield curve, where shorter-term yields exceed those for longer tenors. Some view that as a harbinger of an economic downturn that will hurt stocks. While bear markets tend… Source link
Read More »This Is Now The Worst Drawdown on Record for Global Fixed Income
(Bloomberg) — Global bond markets have suffered unprecedented losses since peaking last year, as central banks including the Federal Reserve look to tighten policy to combat surging inflation. Most Read from Bloomberg The Bloomberg Global Aggregate Index, a benchmark for government and corporate debt total returns, has fallen 11% from a high in January 2021. That’s the biggest decline from a peak in data stretching back to 1990, surpassing a 10.8% drawdown during the financial crisis in… Source link
Read More »EU court to rule Sept. 14 on Google’s fight against record $4.8 bln EU fine
BRUSSELS, March 21 (Reuters) – Europe’s second-highest court will rule on Sept. 14 on Alphabet (GOOGL.O) unit Google’s challenge against a record 4.34 billion euros ($4.8 billion) EU antitrust fine levied for using its Android mobile operating system to squeeze out rivals. The judgment from the Luxembourg-based General Court comes 10 months after the world’s most popular internet search engine lost its fight in the same court against a 2.42-billion-euro penalty in another case. It has filed… Source link
Read More »Gas prices top $4 a gallon nationwide, all-time record could be broken this week
The national average price for gas has topped $4 a gallon for the first time in over a decade as gas costs continue to soar in the wake of Russia’s invasion of Ukraine. As of Sunday afternoon, the national average of a regular gallon of gas was $4.009, according to AAA. That’s up 8 cents from Saturday and up 40 cents from last week. The U.S. hit the $4 national average a day earlier than analysts expected. The record high for the national average is $4.11, set on July 17, 2008, according to… Source link
Read More »Grizzlies PG Ja Morant racks up record Instagram views
It seems safe to say Ja Morant is having a moment. The Memphis Grizzlies point guard is having a breakout season in his third year in the NBA. He’s picking up steam in the MVP race, not to mention an endorsement from Allen Iverson. And he’s lighting the NBA’s social media channels on fire with highlight after highlight. Morant’s exploits reached a new high on Monday, when he dropped a career-high 52 points in a win over the San Antonio Spurs, including this absurd buzzer-beater at the end of… Source link
Read More »Ticket from Michael Jordan’s NBA debut sells for record price
Mike Cole insists that, until a few months ago, he gladly would have accepted $500 in exchange for his unused ticket to Michael Jordan’s 1984 NBA debut. Thankfully for him, nobody ever made him that low-ball offer. A ticket that Cole stashed for years in his basement alongside some other old keepsakes turned out to have more than just sentimental value. It was one of two tickets that nearly doubled the previous record for the most expensive vintage sports ticket when their auctions closed… Source link
Read More »Buffett Takes ‘Mildly’ Attractive Path With Record Buybacks
(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc., lacking the blockbuster deals that have galvanized the billionaire investor’s renown, embraced a “mildly attractive” way to deploy its vast cash pile last year via a record-breaking level of buybacks — and showed little sign of changing course. Most Read from Bloomberg Berkshire bought back a total of $27.1 billion in 2021, the highest annual level since Buffett began more aggressively repurchasing stock in 2018. The buybacks… Source link
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