UnitedHealth Investors Back CEO Hemsley's $60 Million Pay Deal
UnitedHealth Group Inc. shareholders approved a pay package for Chief Executive Officer Stephen Hemsley that includes a $60 million stock option award.
The advisory vote is a sign of shareholders' confidence in Hemsley, the chairman and returning CEO who helped shape UnitedHealth for decades. He reclaimed the top job last month as the health giant faces multiple crises that cut its market value by more than half since its November peak. In addition to the $60 million award that vests in three years, Hemsley will get a $1 million annual salary.
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New York Times
34 minutes ago
- New York Times
Thousands of Club World Cup tickets unsold, Brailsford steps back, Ronaldo's Portugal winner
The Athletic FC ⚽ is The Athletic's daily football (or soccer, if you prefer) newsletter. Sign up to receive it directly to your inbox. Hello! It's almost Club World Cup time. Don't all rush at once. ✂️ More CWC ticket price cuts 🚶 Brailsford steps aside at Man Utd 💰 £55m bid for Bryan Mbeumo 🏎️ Leeds Utd race Red Bull F1 The Athletic's Felipe Cardenas has an interview today with Mattias Grafstrom. I don't imagine the name will immediately ring a bell, but it's worth remembering. Grafstrom, a Swede, is FIFA's secretary general, with more than a little power. He was once chief of staff for its president, Gianni Infantino. Advertisement He's also the man who redesigned FIFA's Club World Cup (CWC), creating the 32-team tournament which starts in the United States next week. It was interesting to see him tell Felipe that the CWC was 'not a commercial venture as such'. From the outside looking in, it doesn't seem to be anything else. DAZN, for instance, paid $1billion for broadcast rights (which no other outlet wanted at that price — but let's not get bogged down in that). The 2025 winners will earn $125m, a Champions League-esque fee for considerably less effort. Grafstrom says FIFA is trying to grow the sport but, fundamentally, it's taken big money for some of the teams involved to give the competition their full attention. Unfortunately for FIFA, the paying public aren't rushing to buy into it. Adam Crafton reports that the opening match, between Inter Miami and Egyptian team Al Ahly in Miami on June 14, is struggling to sell out. The game, likely to feature Lionel Messi (above), is nowhere near capacity, so ticket prices are being cut. Is a late rush coming? Or is the model created by Grafstom failing to land? FIFA is running a dynamic pricing model for the 2025 CWC. In essence, the cost of tickets is dictated by demand: the more popular a fixture, the more it costs to attend. Real Madrid games, for instance, are holding up. None of their fixtures are cheaper than $132. Boca Juniors look like drawing crowds too. But sources spoken to by Adam said Miami were looking at an attendance of lower than 20,000 — 45,000 beneath capacity — for the first fixture. FIFA denied this but would not specify a figure itself. Tickets for that game are available for a lowest price of $55, far below the $230 being charged in January and $349 when the CWC draw was made before the turn of the year. There's a suspicion that plenty of CWC matches will play out in front of swathes of empty seats, an image FIFA wants to avoid. Advertisement Infantino has said previously he wasn't 'worried at all' about ticket sales, because the FIFA boss is a can-do sort. The world governing body insists fans from over 130 countries have purchased seats to date. Grafstrom told Felipe that the CWC should help football expand further in the States. It makes all the right noises, FIFA, but how much is it telling itself what it wants to hear? Sir Dave Brailsford is widely known as Mr Marginal Gains. In the days when he ran Team Sky, before trouble enveloped them, the cycling outfit were the Tour de France's tour de force. The 61-year-old is a key figure at INEOS, Manchester United's minority shareholder, so it stood to reason that when INEOS took a stake in United in 2023, Brailsford would bring his competitive mind to Old Trafford. He did — but yesterday it emerged that he's stepping back again. In INEOS' 18 months, United haven't made marginal gains. They haven't made large gains either. Brailsford has been in the thick of everything that's gone on — a period of on-field regression and deep financial cuts — and his return to the role of INEOS' director of sport can be taken as an admission that his input hasn't worked. At all. In another shuffle, Jason Wilcox is being promoted by United from technical director to director of football. It's a fresh rearrangement of the deckchairs, but Wilcox has a part to play. Not so Brailsford, who won't be roundly missed. You know it's the off season when professional footballers are participating in an on-field drag race with a Formula One car. That was the scene at Elland Road, where three members of Leeds United's squad tried (and predictably failed) to outpace Red Bull's RB7 model. Footnote: it didn't collide with any of them. Advertisement The purpose of the stunt? No idea, beyond a bit of fun, and the ground staff must have been thrilled. But in a serious sense, it's an example of how intertwined Red Bull is becoming with Leeds, its first equity investment in the English game. The purchase of club shares by Red Bull last year was going to be scrutinised, because of its contentious ownership history elsewhere in the world. But far from keeping its head down in Leeds, the energy drink giant — a minority partner — has its branding on the club's kit and its 2011 F1 car on their pitch. There's no missing the collaboration. Leeds' chairman, Paraag Marathe, said at the outset that a majority sale to Red Bull was not on the table. Perhaps that holds true. But I'm constantly fascinated to see if and how its interest evolves, in a league it is yet to crack. (Selected games, times ET/UK) UEFA Nations League semi-final: Spain vs France, 3pm/8pm — Fox Sports, Fubo/Amazon Prime. CONMEBOL World Cup qualifiers: Ecuador vs Brazil, 7pm/12am — Fanatiz PPV/Premier Sports; Paraguay vs Uruguay, 7pm/12pm — Fanatiz PPV (U.S. only); Chile vs Argentina, 9pm/2am — Fanatiz PPV (U.S. only). Virtually nobody on England's side of the Irish Sea would have registered the quiet, five-figure trade between Liverpool and Ringmahon Rangers in 2015. It moved a teenage Caoimhin Kelleher from Ireland to Anfield, long before the goalkeeper's name meant anything to the wider world. Ringmahon's secretary, Sean Fitzgerald, had the presence of mind to sweeten the deal with a 20 per cent sell-on clause. A decade on, and as a knock-on effect of Kelleher's £12.5m transfer from Liverpool to Brentford on Tuesday, it's about to pay out in the grassroots club's favour. The precise amount is yet to be calculated — but Fitzgerald isn't far wrong when he says the windfall should protect Ringmahon for 100 years. Safe hands all round.
CNN
37 minutes ago
- CNN
Betting site bans individual over heckling incident with Olympic champion sprinter Gabby Thomas
A sports bettor who heckled Olympic champion sprinter Gabby Thomas during a Grand Slam Track event in Philadelphia over the weekend has been banned by the betting site FanDuel Sportsbook. In a statement sent to The Associated Press on Wednesday, FanDuel wrote it 'condemns in the strongest terms abusive behavior directed towards athletes. Threatening or harassing athletes is unacceptable and has no place in sports. This customer is no longer able to wager with FanDuel.' Last weekend, Thomas finished fourth in a 100-meter race won by Melissa Jefferson-Wooden. The bettor wrote in a post on social media that he 'made Gabby lose by heckling her. And it made my parlay win.' He posted a picture of his parlay that had Jefferson-Wooden winning the 100. Thomas, the 200-meter champion at the Paris Games last summer, explained the heckling incident on X. She wrote: 'This grown man followed me around the track as I took pictures and signed autographs for fans (mostly children) shouting personal insults – anybody who enables him online is gross.' Grand Slam Track, a track league launched by Hall of Fame sprinter Michael Johnson this spring, wrote in a statement it was 'conducting a full investigation into the reprehensible behavior captured on video. 'We are working to identify the individual involved and will take appropriate action as necessary. We will implement additional safeguards to help prevent incidents like this in the future. Let us be clear, despicable behavior like this will not be tolerated.' ESPN first reported the bettor had been banned by FanDuel. The Grand Slam Track season wraps up with the fourth and final meet in Los Angeles on June 28-29. The Thomas incident is the latest in a string of stalking and abuse of female athletes. Frida Karlsson, a Swedish cross-country skiing world champion, recently brought her experience with stalking into public view when she went through a trial. A man in his 60s was given a suspended sentence and ordered to pay 40,000 kronor ($4,100) in damages after being convicted of stalking Karlsson for a year and four months, according to Swedish news agency TT. The man, according to the indictment, called Karlsson 207 times, left her voicemails and text messages and approached her, including outside her apartment. In February, police in the United Arab Emirates detained a man who caused British tennis player Emma Raducanu distress by exhibiting ' fixated behavior ' toward her at a tennis tournament. Raducanu had been approached by the man at the Dubai Championships where he left her a note, took her photograph and engaged in behavior that caused her distress, according to the government of Dubai's media office.
CBS News
38 minutes ago
- CBS News
Westmoreland County attorney Robert Klingensmith dies days after bloody standoff with police
Robert Klingensmith, the Westmoreland County attorney who shot himself during a bloody standoff with police over the weekend, has died. Police said Klingensmith shot and wounded himself in his office before they tased him for ignoring repeated demands to stop moving while they served a search warrant. It was all caught on camera. According to the Allegheny County Medical Examiner's Office, Klingensmith, 61, died on Wednesday afternoon from the self-inflicted injury. Klingensmith had been charged with theft and exploiting an older or care-dependent person. The district attorney's office said Klingensmith was the representative for a woman who died, and that Klingensmith failed to pay money from this woman's estate to her heirs. Instead, officials say he transferred more than $300,000 from the woman's account to his personal account.
