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Mailbag: The problem with promotion and relegation, options for WSU and OSU, Kliavkoff’s duties, the Pac-12 Networks’ future and more

Published Sat, 22 Feb 2025 10:57:10 GMT

The Hotline mailbag publishes each Friday. Send questions to [email protected] and include ‘mailbag’ in the subject line. Or hit me on Twitter: @WilnerHotline.Please note: Some questions have been edited for clarity and brevity.What are your thoughts about the promotion/relegation idea that leaked? Is it a unique approach that could help draw more attention to the conference(s)? Are there blockers that will prevent it from getting done? — @BennyL1986Before we address the specific proposal, two points to frame the discussion:— The concept of a promotion-and-relegation structure in college football, in which schools would change divisions from year-to-year based on performance, has been discussed for years and is viewed by many as inevitable.— The decision-makers in college sports, particularly the university presidents, are inherently risk-averse. And nothing is riskier than not knowing your division/conference and revenue base from year-to-year.Also...

49ers reward Kyle Shanahan, John Lynch with contract extensions

Published Sat, 22 Feb 2025 10:57:10 GMT

SANTA CLARA — Off to a 3-0 start in their seventh season together, coach Kyle Shanahan and general manager John Lynch are also the proud owners of contract extensions.The 49ers announced Friday they’ve extended the pair once again. Shanahan and Lynch are currently working under contracts they got in the summer of 2020 after reaching the Super Bowl.Terms were not announced other than they are “multi-year” extensions, according to a team press release, which was issued some 30 minutes after Shanahan concluded a media conference call to discuss Thursday night’s 30-12, home-opening win over the New York Giants. View this post on InstagramA post shared by Cam Inman (@49ers.cam)Winning a 13th straight regular-season game has the 49ers two shy of their franchise record. It’s the longest active streak in the NFL. And never mind that it skips over their NFC Championship Game disaster in Philadelphia.Are they in the same groove as last season, or specifica...

Atmospheric river to pour over NorCal wildfires, shower on Bay Area

Published Sat, 22 Feb 2025 10:57:10 GMT

SAN FRANCISCO (KRON) -- It's only September, but an atmospheric river is already in California's forecast. Sunday's storm is good news for smoke-weary Bay Area residents. The storm will lightly shower over the Bay, and pour heavier rain on regions where wildfires are burning near the California-Oregon border.Rainy weather could give firefighters the upper hand in battling the blazes, which have been the sources of smoke plumes spewing across the state this week.A cold front will bring light drizzle to the Bay Area starting late Sunday night and into Tuesday morning. The brunt of the atmospheric river "will mostly miss the Bay Area," KRON4 Meteorologist Kyla Grogan said.The National Weather Service Bay Area wrote, "Rain chances increase late Sunday night in the North Bay, and into Monday across the rest of the Bay Area.""The current forecast offers good chances for rain across the North Bay, with reduced, but still good chances for the San Francisco Peninsula and the East Bay, and lo...

49ers sign general manager John Lynch, head coach Kyle Shanahan to contract extensions

Published Sat, 22 Feb 2025 10:57:10 GMT

(KRON) -- The general manager and head coach duo of John Lynch and Kyle Shanahan are staying in the Bay. The San Francisco 49ers have signed both Lynch and Shanahan to multi-year contract extensions, the team announced Friday. This will be Nick Bosa’s first purchase after signing historic contract extension The 49ers did not specify the details of the contract, disclosing neither how many years nor for much money.Both Lynch, 51, and Shanahan, 43, came into the organization in February 2017 and have been in their respective positions since. With the signing in 2017, the 49ers hired both a first-time head coach and general manager.Under that duo, San Francisco has won two NFC West titles and reached three NFC Championship games, including one Super Bowl appearance in 2019.In 2019 when the team went 13-3 and reached the Super Bowl, Lynch was named Executive of the Year by the Pro Football Writers Association of America. Also, Shanahan was named Coach of the Year by Sporting News.

Ex-FBI agent pleads guilty to concealing $225K loan from former Albanian official

Published Sat, 22 Feb 2025 10:57:10 GMT

WASHINGTON (AP) — A former high-ranking FBI counterintelligence official pleaded guilty on Friday to concealing at least $225,000 in cash that he allegedly received from a former Albanian intelligence official while working for the agency.Charles McGonigal, 55, was the special agent in charge of the FBI’s counterintelligence division in New York from 2016 to 2018, when he retired.The charge to which he pleaded guilty — concealment of material facts — carries a maximum prison sentence of five years. U.S. District Judge Colleen Kollar-Kotelly in Washington, D.C., is scheduled to sentence McGonigal on Feb. 16, 2024. The indictment for the Washington case does not characterize the payment to McGonigal as a bribe, but federal prosecutors say he was required to report it. The payment created a conflict of interest between McGonigal’s FBI duties and his private financial interests, the indictment said.In August, McGonigal pleaded guilty in New York to a separate charge that he conspired to...

How major US stock indexes fared Friday, 9/22/2023

Published Sat, 22 Feb 2025 10:57:10 GMT

Wall Street’s worst week in six months closed on another weak note. The S&P 500 gave up an early gain and ended 0.2% lower Friday. The Dow Jones Industrial Average lost 106 points, and the Nasdaq composite slipped 0.1%. Stocks slid this week because of the growing understanding that interest rates likely won’t come down much anytime soon. Treasury yields eased a bit after jumping earlier in the week to their highest levels in more than a decade. That gave stocks a bit of a breather, particularly high-growth and technology companies.On Friday:The S&P 500 fell 9.94 points, or 0.2%, to 4,320.06.The Dow Jones Industrial Average fell 106.58 points, or 0.3%, to 33,963.84.The Nasdaq composite fell 12.18 points, or 0.1 %, to 13,211.81.The Russell 2000 index of smaller companies fell 5.32 points, or 0.3% to 1,776.50.For the week:The S&P 500 is down 130.26 points, or 2.9%.The Dow is down 654.40 points, or 1.9%.The Nasdaq is down 496.53 points, or 3.6%The Russell 2000 is down 70.53...

Falcons CB Jeff Okudah could make Atlanta debut against his former team

Published Sat, 22 Feb 2025 10:57:10 GMT

FLOWERY BRANCH, Ga. (AP) — After practicing all week, Atlanta cornerback Jeff Okudah could make his Falcons debut against his former team Sunday.Okudah was listed as questionable on the final injury report from the Falcons (2-0), who travel to Detroit to meet the Lions.Okudah was the No. 3 overall pick in the 2020 draft by the Lions, but injuries and other issues limited his effectiveness. He was dealt to the Falcons during the offseason for a fifth-round pick.A right foot injury sustained in training camp kept Okudah from playing in the first two games. But he returned to practice two weeks ago and could be ready to go against his former team. He fully participated in all three practices this week.The only other player on the injury report was running back Cordarrelle Patterson, who missed the first two games with a thigh injury. He was listed as questionable after sitting out practice Thursday and getting only limited time Friday.Linebacker Troy Anderson has been cleared to play a...

Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023

Published Sat, 22 Feb 2025 10:57:10 GMT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday:Scholastic Corp., down $5.15 to $33.80.The book publisher reported a bigger fiscal first-quarter loss than Wall Street expected.Activision Blizzard Inc., up $1.57 to $93.92.Antitrust regulators in Britain gave preliminary approval to Microsoft’s buyout of the maker of “Call of Duty.”Seagen Inc., up $7.31 to $213.70.The biotechnology company gave investors an encouraging update on a potential treatment for bladder cancer.Alibaba Group Holding Ltd., up $4.19 to $88.30.The Chinese e-commerce giant is reportedly planning to file for an IPO in Hong Kong for its logistics arm, Cainiao.Amazon.com Inc., down 21 cents to $129.12.The retail giant will begin charging subscribers an extra fee to keep their streaming videos ad-free.Intel Corp., down 47 cents to $34.18.European Union antitrust enforcers slapped the chipmaker with a fresh $400 million fine in a long-running legal fight.Exxon Mobil Corp., up...

On the sidelines of the U.N.: Hope, cocktails and efforts to be heard

Published Sat, 22 Feb 2025 10:57:10 GMT

NEW YORK (AP) — Inside the U.N.’s gates, world leaders use the spotlight to talk — to each other and the entire planet. Outside, across New York City, civil society groups and large philanthropies take matters into their own hands at a swirl of cocktail parties, meetings and protests. Nonprofit organizations send their senior leaders to the sidelines of the U.N. General Assembly at significant expense to make sure their voices are heard in the right rooms. Activists come from around the world to try to influence the decisions of international politicians. Many staffers who keep NGOs running day-to-day gather to chart new paths forward.“The week is an opportunity for a lot of people coming to town to get some good strategic work and collaboration done or ignited or advanced,” said Elizabeth Cousens, president and CEO of the UN Foundation. A priority of this year’s assembly is progress toward the Sustainable Development Goals, which countries agreed in 2015 to try to meet ...

Stock market today: Wall Street’s worst week in six months closes on another weak note

Published Sat, 22 Feb 2025 10:57:10 GMT

NEW YORK (AP) — Wall Street’s worst week in six months closed on another weak note. The S&P 500 gave up an early gain and ended 0.2% lower Friday. The Dow Jones Industrial Average lost 106 points, and the Nasdaq composite slipped 0.1%. Stocks slid this week because of the growing understanding that interest rates likely won’t come down much anytime soon. Treasury yields eased a bit after jumping earlier in the week to their highest levels in more than a decade. That gave stocks a bit of a breather, particularly high-growth and technology companies.THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.NEW YORK (AP) — Wall Street’s worst week in six months is closing out with a mixed finish on Friday. The S&P 500 was 0.1% higher in late trading, coming off an ugly slide caused by the stock market’s growing understanding that interest rates likely won’t come down much anytime soon. The Dow Jones Industrial Average was down 9 points, or less than 0.1%, at 34,061...