The San Francisco 49ers intend to release defensive lineman Arik Armstead after the two sides failed to agree on a restructured contract, according to multiple media reports. Per NBC’s Matt Maiocco, Armstead declined to take “a significant pay cut” to his scheduled salary of $17.4 million next season on the final year of his five-year, $85 million contract. He’ll hit the market as a free agent. NFL’s free agency period officially starts Wednesday. News of Armstead’s pending release arrives… Source link
Read More »Explainer-Why the $5.2 billion sale of Russia’s Yandex is significant
By Alexander Marrow LONDON (Reuters) – A $5.2 billion cash and share deal to sell the key Russian assets of technology group Yandex, often labelled as “Russia’s Google”, to a consortium of Russian investors was announced on Monday after months of negotiations. Here’s why the deal is significant. RUSSIA’S LARGEST TECH ASSET Moscow has long sought to gain more influence over Yandex, set up in the dotcom boom in the late 1990s, as it became a key player in online services such as search and… Source link
Read More »NCAA levies significant penalties on Florida State for NIL recruiting violations
Florida State must disassociate with an NIL collective representative after NIL-related recruiting violations. (Rich Storry/Getty Images) Thirty months into the era of name, image and likeness, the NCAA is finally dropping the hammer. The association is levying significant penalties on Florida State football, one of its NIL collectives and a booster, as well as an assistant coach, for NIL-related recruiting violations in the most serious and unprecedented sanctions handed down in the first 2… Source link
Read More »NCAA levies significant penalties on Florida State for NIL recruiting violations
Florida State must disassociate with an NIL collective representative after NIL-related recruiting violations. (Rich Storry/Getty Images) Thirty months into the era of name, image and likeness, the NCAA is finally dropping the hammer. The association is levying significant penalties on Florida State football, one of its NIL collectives and a booster, as well as an assistant coach, for NIL-related recruiting violations in the most serious and unprecedented sanctions handed down in the first 2… Source link
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