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New York and New Jersey expect $3.3-billion boost from hosting World Cup
New York and New Jersey expect $3.3-billion boost from hosting World Cup

Toronto Sun

time2 hours ago

  • Sport
  • Toronto Sun

New York and New Jersey expect $3.3-billion boost from hosting World Cup

The region will hold eight matches at Metlife Stadium, including the final on July 19, 2026, expecting to bring in over 1.2 million fans Published Jul 21, 2025 • 2 minute read Robert Sanchez #1 of Chelsea FC makes save from Joao Neves #87 of Paris Saint-Germain during the FIFA Club World Cup 2025 Final match between Chelsea FC and Paris Saint-Germain at MetLife Stadium on July 13, 2025 in East Rutherford, New Jersey. (Photo by) New York and New Jersey officials are projecting a $3.3 billion economic boost to the region from hosting the FIFA World Cup in 2026. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account The region will hold eight matches at Metlife Stadium in New Jersey, including the final on July 19, 2026, expecting to bring in over 1.2 million fans and tourists, according to an economic impact summary released Monday by the NYNJ Host Committee, the local body responsible for organizing the games. The tournament will generate $1.3 billion in projected total labor income for the regional economy, and $1.7 billion in projected spending within the regional economy by match and non-match attendees, according to the committee's estimates. Next year's games are expected to be the most highly attended in FIFA's history, with roughly six million fans from around the world projected to attend the tournament's 104 matches in the US, Canada and Mexico. Boston, Dallas, Kansas City, Philadelphia and Los Angeles are among the other 11 host US cities. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. 'It's a legacy-defining opportunity to create lasting economic and social impact for New York and New Jersey,' said Alex Lasry, chief executive officer of the NYNJ Host Committee in a statement. 'From record tourism and global visibility to local investment and job creation, this tournament will help shape the future of our region.' President Donald Trump — who refers to FIFA President Gianni Infantino as a friend — has high expectations for next year's turnout even as he continues to roll out tariffs on a swath of countries, including nations that are expected to compete in the World Cup next year. 'Tensions are a good thing,' Trump said during a FIFA task force meeting at the White House earlier this year when asked about how his policies could impact the games. 'It'll make it more exciting.' This advertisement has not loaded yet, but your article continues below. More than 26,000 jobs will be generated across both states to support the games, according to the summary. The event will also bring in roughly $432 million in state and local tax revenues. The study was carried out in partnership with Tourism Economics, which is owned by Oxford Economics. The Club World Cup 2025 — a 63-match competition between top club soccer teams from around the world — concluded with a final hosted by the New Jersey-New York region on July 13. The tournament sold close to 1.5 million tickets, according to a statement from FIFA. The games served as a small preview of what's to come in 2026. 'In less than one year from today, more than one billion people around the world will be watching,' said Chair of the NYNJ Host Committee Tammy Murphy in a statement. 'The countdown is on for this once-in-a-generation opportunity to showcase our region on the world stage.' Toronto & GTA Uncategorized Football Canada Editorial Cartoons

Can Donald Trump finally be the one to sell Americans on soccer?
Can Donald Trump finally be the one to sell Americans on soccer?

Yahoo

time2 days ago

  • Politics
  • Yahoo

Can Donald Trump finally be the one to sell Americans on soccer?

'Trump is the most pro-soccer president that we have ever had,' former U.S. Men's National Team defender Alexi Lalas recently claimed. President Trump has rarely looked more out of place — but maybe that was the point. On July 13, the blue-shirted squad of London's Chelsea Football Club stood shoulder-to-shoulder in the center of MetLife Stadium, still sweaty from the exertions of the Club World Cup final they'd just won. Moments earlier, FIFA president Gianni Infantino, the driving force behind the new global competition, presented Chelsea captain Reece James with a gigantic golden trophy. Then Infantino scurried off, as dignitaries are supposed to do in these situations. But Trump lingered. The players seemed perplexed. One of them warned the president they were about to start celebrating for the cameras. The president didn't budge. So James shrugged and hoisted the Blues' new hardware. His teammates roared behind him. Fireworks flashed. Glitter erupted. And Trump, smiling and clapping, stayed right where he was, and right where he always wants to be — front and center. The fact that Trump was front and center for a soccer celebration — with a team of foreigners, no less — didn't appear to bother him one bit. 'Donald Trump is the most pro-soccer president that we have ever had,' former U.S. Men's National Team defender (and Trump supporter) Alexi Lalas recently told the Times of London. 'From a cultural, legacy and political perspective, he understands the power of what is coming next summer.' *** What is coming next summer is the classic, quadrennial World Cup, where billions of global fans watch their national teams compete for soccer's biggest prize. Given that the U.S. will also host that tournament (alongside Mexico and Canada), some stateside soccer fans are starting to wonder if Lalas is right — and if Trump, of all people, could be the guy to finally sell long-skeptical Americans on the (rest of the) planet's most popular sport. Needless to say, soccer is not 'America's pastime.' It never has been. That particular honorific belongs, of course, to baseball, which was codified in 1845, professionalized in 1869 and Ken-Burnsified in 1994. It's still the only sport to star in one of his sepia-toned documentaries. America's favorite sport, on the other hand, is clearly football — the NFL kind. According to Gallup, a full 41% of U.S. adults enjoy watching American football more than any other sport; a mere 5% say the same about soccer. This is nothing new. Gridiron has topped Gallup's surveys since 1972. Soccer isn't even the most popular sport to play in the U.S. (as much as it might seem like every kid has kicked a ball in a goal at some point). Instead, basketball dominates the category, with a youth participation rate (15%) roughly twice as high as soccer's (7%). Yet Trump's recent behavior suggests that Lalas is on to something. So far during his second term, the president has spent more time with Infantino than any official head of state. They traveled together to Saudi Arabia and Qatar, and sat together at the Club World Cup final. When Infantino opened a new FIFA office in Manhattan earlier this month, he did it — where else? — at Trump Tower. During his first term, Trump pushed hard to secure the 2026 World Cup; after this summer's Club World Cup final, he pocketed a winner's medal as a memento. In fact, Trump is so fond of the elaborate Tiffany & Co. Club World Cup trophy unveiled back in April that he plans to keep the original and let Chelsea lug a replica back to England. "I said, 'When are you going to pick up the trophy?'' the president recalled. '[They said] 'We're never going to pick it up. You can have it forever in the Oval Office. We're making a new one.' And they actually made a new one. So that was quite exciting.' Trump even joked before the Club World Cup final that he could pass an executive order to align the U.S. with much of the rest of the world and ensure that Americans refer to soccer as 'football' from now on. 'I think I could do that,' he said with a smile during an interview with host broadcaster DAZN. *** There are other explanations, of course, for Trump's recent focus on soccer. Money is, as usual, one of them. According to Infantino, the Club World Cup raked in $2.1 billion, and next summer's World Cup stands to make far more. Together, FIFA estimates that the two tournaments will add $40.9 billion to America's GDP while creating nearly 300,000 full-time jobs. Power is another factor. As the Washington Post recently explained, 'Infantino helms an institution that is something like a secular Vatican (albeit with far more financial firepower). FIFA's footprint is on every continent, its project has the affection of billions of devotees, and the internal workings of soccer's global governing body are mysterious and shrouded in controversy.' No doubt Trump enjoys being courted and catered to by the Pope of world football. Pageantry and self-promotion undoubtedly play a part as well. Has this particular president ever shied away from spectacle? Has anything gilded ever not caught his eye? Some have even suggested more nefarious aims. 'Sportswashing' is the practice of using athletics to improve the reputation of any entity — a country, a corporation — that has a negative public image because of human rights concerns or other issues. With that dynamic in mind, Trump's critics claim he is using these massive global soccer tournaments, and their implicit message of openness, to paper over all the ways the U.S. is 'moving radically and quickly to close itself off from the rest of the world' via tariffs, travel bans and mass deportation, as the Ringer's Brian Phillips recently put it. But there's also some evidence that Trump simply enjoys the sport. In high school, he played for the New York Military Academy's varsity squad. 'He was just the best, a good athlete, a great athlete,' Ted Levine, a former high-school classmate, told Business Insider in 2015. 'Could he play soccer? He could do anything he wanted.' In 2012, Trump considered buying the Scottish club Rangers FC; a few years later, he did the same with the Colombian side Atlético Nacional. Meanwhile, Trump's youngest son, Barron, 19, is an avowed soccer fan, having played for D.C. United's U12 academy squad and joined his father for White House visits from United's first team and English striker Wayne Rooney. 'He was very knowledgeable about soccer, knew about D.C. United and was interested to know more,' United forward Patrick Mullins said of Barron in 2017. 'Little kid to have a passion for the game and to be knowledgeable and have a conversation with us, it makes me feel good about kids growing up playing the game.' After the Club World Cup final, the president told Cole Palmer, Chelsea's star attacker, that Barron was his 'biggest fan.' Trump was probably mistaken; Barron actually supports Arsenal, Chelsea's main London rival. But the comment shows how the younger Trump may be influencing his father. 'I have a son who does love this sport,' Trump told Piers Morgan in 2018. *** Whatever motivations — pure, pecuniary, political or all of the above — Trump's imprimatur has at least the potential to change the trajectory of the 'beautiful game' in America. Elsewhere, soccer is seen as a populist sport. But in the U.S., the opposite has long been true — especially on the right, among the very people who tend to gravitate toward Trump. 'Liberals … enjoy the experience of soccer precisely because it makes them feel less American,' conservative pundit Michael Medved wrote in 2014. 'They value the beautiful game for the same reason they enjoy singing 'We Are the World,' or stubbornly support the U.N., or automatically assume the artistic superiority of films with subtitles. … Soccer provides a perfect mechanism for transcending old-school nationalism: It's not only a game of global rather than distinctively American appeal, but what's even better is that the mighty United States isn't even particularly good at it.' It's not hard to imagine Trump embracing this view: that soccer is an essentially foreign pursuit, and that any American who likes it is actually anti-American. But he isn't. Instead, he's implying that there's no tradeoff at all, that there's nothing MAGA about rejecting soccer. Trump's supporters have been known in the past to follow his lead. Maybe they will again. Solve the daily Crossword

Can Donald Trump finally be the one to sell Americans on soccer?
Can Donald Trump finally be the one to sell Americans on soccer?

Yahoo

time2 days ago

  • Politics
  • Yahoo

Can Donald Trump finally be the one to sell Americans on soccer?

'Trump is the most pro-soccer president that we have ever had,' former U.S. Men's National Team defender Alexi Lalas recently claimed. President Trump has rarely looked more out of place — but maybe that was the point. On July 13, the blue-shirted squad of London's Chelsea Football Club stood shoulder-to-shoulder in the center of MetLife Stadium, still sweaty from the exertions of the Club World Cup final they'd just won. Moments earlier, FIFA president Gianni Infantino, the driving force behind the new global competition, presented Chelsea captain Reece James with a gigantic golden trophy. Then Infantino scurried off, as dignitaries are supposed to do in these situations. But Trump lingered. The players seemed perplexed. One of them warned the president they were about to start celebrating for the cameras. The president didn't budge. So James shrugged and hoisted the Blues' new hardware. His teammates roared behind him. Fireworks flashed. Glitter erupted. And Trump, smiling and clapping, stayed right where he was, and right where he always wants to be — front and center. The fact that Trump was front and center for a soccer celebration — with a team of foreigners, no less — didn't appear to bother him one bit. 'Donald Trump is the most pro-soccer president that we have ever had,' former U.S. Men's National Team defender (and Trump supporter) Alexi Lalas recently told the Times of London. 'From a cultural, legacy and political perspective, he understands the power of what is coming next summer.' *** What is coming next summer is the classic, quadrennial World Cup, where billions of global fans watch their national teams compete for soccer's biggest prize. Given that the U.S. will also host that tournament (alongside Mexico and Canada), some stateside soccer fans are starting to wonder if Lalas is right — and if Trump, of all people, could be the guy to finally sell long-skeptical Americans on the (rest of the) planet's most popular sport. Needless to say, soccer is not 'America's pastime.' It never has been. That particular honorific belongs, of course, to baseball, which was codified in 1845, professionalized in 1869 and Ken-Burnsified in 1994. It's still the only sport to star in one of his sepia-toned documentaries. America's favorite sport, on the other hand, is clearly football — the NFL kind. According to Gallup, a full 41% of U.S. adults enjoy watching American football more than any other sport; a mere 5% say the same about soccer. This is nothing new. Gridiron has topped Gallup's surveys since 1972. Soccer isn't even the most popular sport to play in the U.S. (as much as it might seem like every kid has kicked a ball in a goal at some point). Instead, basketball dominates the category, with a youth participation rate (15%) roughly twice as high as soccer's (7%). Yet Trump's recent behavior suggests that Lalas is on to something. So far during his second term, the president has spent more time with Infantino than any official head of state. They traveled together to Saudi Arabia and Qatar, and sat together at the Club World Cup final. When Infantino opened a new FIFA office in Manhattan earlier this month, he did it — where else? — at Trump Tower. During his first term, Trump pushed hard to secure the 2026 World Cup; after this summer's Club World Cup final, he pocketed a winner's medal as a memento. In fact, Trump is so fond of the elaborate Tiffany & Co. Club World Cup trophy unveiled back in April that he plans to keep the original and let Chelsea lug a replica back to England. "I said, 'When are you going to pick up the trophy?'' the president recalled. '[They said] 'We're never going to pick it up. You can have it forever in the Oval Office. We're making a new one.' And they actually made a new one. So that was quite exciting.' Trump even joked before the Club World Cup final that he could pass an executive order to align the U.S. with much of the rest of the world and ensure that Americans refer to soccer as 'football' from now on. 'I think I could do that,' he said with a smile during an interview with host broadcaster DAZN. *** There are other explanations, of course, for Trump's recent focus on soccer. Money is, as usual, one of them. According to Infantino, the Club World Cup raked in $2.1 billion, and next summer's World Cup stands to make far more. Together, FIFA estimates that the two tournaments will add $40.9 billion to America's GDP while creating nearly 300,000 full-time jobs. Power is another factor. As the Washington Post recently explained, 'Infantino helms an institution that is something like a secular Vatican (albeit with far more financial firepower). FIFA's footprint is on every continent, its project has the affection of billions of devotees, and the internal workings of soccer's global governing body are mysterious and shrouded in controversy.' No doubt Trump enjoys being courted and catered to by the Pope of world football. Pageantry and self-promotion undoubtedly play a part as well. Has this particular president ever shied away from spectacle? Has anything gilded ever not caught his eye? Some have even suggested more nefarious aims. 'Sportswashing' is the practice of using athletics to improve the reputation of any entity — a country, a corporation — that has a negative public image because of human rights concerns or other issues. With that dynamic in mind, Trump's critics claim he is using these massive global soccer tournaments, and their implicit message of openness, to paper over all the ways the U.S. is 'moving radically and quickly to close itself off from the rest of the world' via tariffs, travel bans and mass deportation, as the Ringer's Brian Phillips recently put it. But there's also some evidence that Trump simply enjoys the sport. In high school, he played for the New York Military Academy's varsity squad. 'He was just the best, a good athlete, a great athlete,' Ted Levine, a former high-school classmate, told Business Insider in 2015. 'Could he play soccer? He could do anything he wanted.' In 2012, Trump considered buying the Scottish club Rangers FC; a few years later, he did the same with the Colombian side Atlético Nacional. Meanwhile, Trump's youngest son, Barron, 19, is an avowed soccer fan, having played for D.C. United's U12 academy squad and joined his father for White House visits from United's first team and English striker Wayne Rooney. 'He was very knowledgeable about soccer, knew about D.C. United and was interested to know more,' United forward Patrick Mullins said of Barron in 2017. 'Little kid to have a passion for the game and to be knowledgeable and have a conversation with us, it makes me feel good about kids growing up playing the game.' After the Club World Cup final, the president told Cole Palmer, Chelsea's star attacker, that Barron was his 'biggest fan.' Trump was probably mistaken; Barron actually supports Arsenal, Chelsea's main London rival. But the comment shows how the younger Trump may be influencing his father. 'I have a son who does love this sport,' Trump told Piers Morgan in 2018. *** Whatever motivations — pure, pecuniary, political or all of the above — Trump's imprimatur has at least the potential to change the trajectory of the 'beautiful game' in America. Elsewhere, soccer is seen as a populist sport. But in the U.S., the opposite has long been true — especially on the right, among the very people who tend to gravitate toward Trump. 'Liberals … enjoy the experience of soccer precisely because it makes them feel less American,' conservative pundit Michael Medved wrote in 2014. 'They value the beautiful game for the same reason they enjoy singing 'We Are the World,' or stubbornly support the U.N., or automatically assume the artistic superiority of films with subtitles. … Soccer provides a perfect mechanism for transcending old-school nationalism: It's not only a game of global rather than distinctively American appeal, but what's even better is that the mighty United States isn't even particularly good at it.' It's not hard to imagine Trump embracing this view: that soccer is an essentially foreign pursuit, and that any American who likes it is actually anti-American. But he isn't. Instead, he's implying that there's no tradeoff at all, that there's nothing MAGA about rejecting soccer. Trump's supporters have been known in the past to follow his lead. Maybe they will again. Solve the daily Crossword

List of Notable Jumbotron Controversies and Mishaps
List of Notable Jumbotron Controversies and Mishaps

Newsweek

time3 days ago

  • Entertainment
  • Newsweek

List of Notable Jumbotron Controversies and Mishaps

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. After tech CEO Andy Byron went viral for being caught in an affair during a Coldplay concert's kiss cam, other notable Jumbotron incidents are being remembered as past controversies. On Thursday, Astronomer CEO Byron was shown romantically holding his company's chief people officer, Kristin Cabot, at a recent Coldplay concert. Astronomer, a private data infrastructure startup, secured "unicorn" status in 2022 with a $1 billion or more valuation, and is now headquartered in New York City. However, the company's rush to the limelight for its executives' behavior has sparked conversations over Jumbotron usage and ethical corporate behavior. Why It Matters Jumbotrons are large video displays used around the world, most commonly at sports stadiums and concert venues. While many guests at a concert might want to be shown in what essentially works as a Jumbotron guest spotlight or kiss cam, the public showcase of Byron and Cabot appeared to be the opposite of what they wanted, with both individuals immediately ending their embrace and ducking from the camera. "Oh, look at these two," Coldplay frontman Chris Martin said at the time. "All right, come on, you're OK," Martin said after the pair immediately scattered away from the camera. "Either they're having an affair or they're just very shy." A screen announces the attendance of 81,118 spectators during the FIFA Club World Cup 2025 final match between Chelsea FC and Paris Saint-Germain at MetLife Stadium on July 13, 2025 in East Rutherford, New Jersey. A screen announces the attendance of 81,118 spectators during the FIFA Club World Cup 2025 final match between Chelsea FC and Paris Saint-Germain at MetLife Stadium on July 13, 2025 in East Rutherford, New Jersey. Marvin Ibo Guengoer -What To Know Minor League Break Up Other notable Jumbotron events include a Minor League breakup message in 2021. During an Akron RubberDucks game at Canal Park, one man used the Jumbotron to part ways with his partner, paying to deliver the message, "Alyssa, this relationship is OVER-Tim," across the screen. The stadium announcer had no warning and read the message to thousands of people in the audience. Failed Proposals Another Jumbotron mishap proved the video displays might not be the most couple-friendly when a man proposed to his date at a Cubs-Red Sox baseball game in 2017. The couple showed up on screen with the proposal, but it was an awkward situation as the duo didn't hug or smile, and the camera quickly cut away. Another proposal failed Jumbotron-style at New York City's Barclays Center in 2021 when the WNBA's New York Liberty and the Washington Mystics were playing. While an attendee appeared to ask his girlfriend to marry him, it did not go as planned, and she leaned down to kiss him and then promptly walked away. A Groom Disappears There are many ways Jumbotron proposals have gone wrong in the past, with one potential groom-to-be missing his own planned proposal at a Dolphins and Jets game at Hard Rock Stadium in 2021. Dolphins fan Luis Llorens had planned to propose to his girlfriend Christine Dobrin at the game, but when the video display played a photo of the couple with the caption "Christine. Will you marry me?" and then panned to the live shot, only Dobrin was sitting. Her boyfriend was in the tunnel beneath, under the mistaken idea that he was supposed to meet with a video crew. "I didn't know what was going on because he wasn't at the seats, and looking all around, between the crying and the happiness, I didn't know where he was, so it was a whole big mix of emotions," Dobrin told Miami FOX affiliate WSVN. Vikings Prank The Minnesota Vikings fell victim to a Jumbotron mishap when featuring one Twitter user's fake tribute to service members and veterans. "We're honoring our nation's service members, veterans, and their families during Sunday's game against Dallas," the Vikings wrote leading up to the game. "Share photos and stories of your loved ones who have served or are currently serving using #SkolSalute for a chance to have them featured on the video board Sunday." "This is my cousin Joel who served in the Army," Twitter user @kylerulz4h wrote. "He has always been an inspiration and someone I look up to for his heroism. He is also a HUGE Vikes fan #skolsalute." However, the mentioned cousin Joel was actually Steven Wolfe, who is better known by his stage name Johnny Sins and played a service member in one of his many adult films. Olympic Fail There was also an embarrassing mix-up at the 2012 Olympics when London organizers mistakenly featured the South Korea flag instead of North Korea when players were about to begin their game against Colombia. The North Korean team walked off the field and refused to play until the error was fixed. "Today ahead of the women's football match at Hampden the South Korean flag was shown on a big screen instead of the flag of North Korea," a Locog statement read at the time. "Clearly that is a mistake. We will apologise to the team and the national Olympic committee and steps will be taken to ensure no repeat." As it concerns Astronomer's future, it's a bad look for the CEO and his chief people officer to get caught in an affair, Jumbotron style, experts say. "Sure, it was just a kiss cam. But when your CEO is ducking a public embrace with their HR chief, that's not a vibe. It's a red flag," HR consultant Bryan Driscoll told Newsweek. "This isn't about romance. It's about power, ethics, and brand trust. When leadership plays fast and loose with boundaries, it guts morale and invites scrutiny. In 2025, your values are your executives' behavior. The internet just makes the hypocrisy go viral faster." Newsweek previously reached out to Byron, Cabot and Astronomer. What People Are Saying HR consultant Bryan Driscoll told Newsweek: "Jumbotron scandals aren't common. But maybe they should be because they rip the mask off corporate culture in ten seconds flat." Alex Beene, a financial literacy instructor for the University of Tennessee at Martin, told Newsweek: "Based on the sheer amount of social media posts it garnered, I think it's going to put other CEOs on notice. While alleged affairs of this nature have been the topic of gossip for decades, we live in a more interconnected and tech-friendly world than ever before. Moments like this can quickly gain traction and be the buzz of millions of people, not just a select few at the office. Whether this has an impact on Astronomer's business remains to be seen, but it's a headline the company, along with many others, don't like seeing." Michael Ryan, a finance expert and the founder of told Newsweek: "It's like watching a slow-motion car crash that could've been avoided if someone had just taught executives about stadium cameras 101." "When Andy Byron got caught on that jumbotron with his HR chief at the Coldplay concert, it was a $1.8 billion wake-up call, because that's the average shareholder value companies lose when CEOs get the boot unexpectedly. And let me tell you, there's nothing planned about getting busted on live TV while Chris Martin's serenading 50,000 people." What Happens Next Ryan said the full ramifications of the Astronomer CEO affair Jumbotron event are unclear, but there could be rippling effects on the company. "It's all about what it says about leadership, judgment, and company culture. When your CEO and HR chief are the ones making headlines for questionable behavior, employees start wondering what else is going on behind closed doors," Ryan said. "The thing is, smart companies see this stuff coming. They invest in succession planning, they have ethics training that actually means something, and they create cultures where this kind of drama doesn't happen in the first place. Literally, HR's job."

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