Latest news with #contracts
BBC News
7 hours ago
- Sport
- BBC News
Grealish among Napoli targets - Thursday's gossip
Manchester City winger Grealish among Napoli targets, Javi Guerra rejects Valencia contract amid Manchester United interest and Tottenham monitor United midfielder Kobbie City and England winger Jack Grealish, 29, is one of several left-sided players being considered by Napoli. (Corriere dello Sport - in Italian), externalJavi Guerra has rejected an offer to renew his contract with Valencia, with Manchester United said to be monitoring the 22-year-old Spanish midfielder. (Marca - in Spanish), externalTottenham are closely monitoring Kobbie Mainoo, with the Manchester United midfielder yet to agree a long-term extension to his contract, which expires in 2027. ( externalAtalanta plan to make a move for Liverpool and Italy winger Federico Chiesa, 27, if Juventus meet their €50m (£43m) valuation to sign Nigeria forward Ademola Lookman, 27. (Football Italia), external West Ham are in talks with Callum Wilson over a free transfer following the 33-year-old England striker's release from Newcastle. (Sky Sports), externalSpurs are monitoring the contract situation of Bayern Munich's Joao Palhinha. The Bavarian club are open to talks should an offer arrive for the 30-year-old Portuguese international. (Florian Plettenberg), externalRB Leipzig have named attacking midfielder Xavi Simons in their training camp squad, despite the 22-year-old being linked with a move to Chelsea and the Dutch international holding talks over personal terms with the Blues. (Standard) , external Borussia Dortmund are interested in signing 20-year-old Brighton midfielder Facundo Buonanotte. The Argentina international spent last season on loan at Leicester City and has three years left on his contract. (Sky Sports), externalTalks between Marseille and Feyenoord for Brazilian winger Igor Paixao are at a standstill after the French club's £24m bid fell short of the asking price. (RMC - in French), externalLeeds United now retain hope of signing the 25-year-old. (Yorkshire Evening Post), externalTurkey midfielder Hakan Calhanoglu has been linked with a move away from Inter Milan but the 31-year-old says he wants to stay at the Italian club. (Gazzetta dello Sport - in Italian), externalManchester City want to keep Ederson despite Galatasaray expressing an interest in the 31-year-old Brazil goalkeeper, who is about to enter the final year of his contract. (The Independent), externalFulham are confident of keeping hold of academy midfielder Seth Ridgeon despite Manchester United, Liverpool and Chelsea showing interest in the 16-year-old England Under-17 captain. (Standard), external
Reuters
11 hours ago
- Business
- Reuters
Energy contractor Saipem posts 39% rise in second-quarter core profit
MILAN, July 23 (Reuters) - Italian energy contractor Saipem ( opens new tab reported a 39% annual rise in its second-quarter core earnings and confirmed its guidance for this year on Wednesday. Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at 413 million euros ($485 million) between April and June, beating an analyst consensus of 395 million euros compiled by LSEG. Saipem's offshore and engineering and construction businesses were the drivers of growth in the second quarter as the group pressed ahead to complete orders achieved in the previous quarters. New contracts acquired in the period dropped to 2.2 billion euros compared with 4 billion euros in the same period of last year, and were concentrated on its Energy Carriers business. They included engineering, procurement and construction activities to expand Eni's ( opens new tab biorefinery near Venice and a job related to Eni's carbon capture and storage project in Liverpool Bay, northern England. The Milan-based group, which in February announced a preliminary agreement to merge with Norway's Subsea 7 ( opens new tab, said its net income rose 3% to 63 million euros in the second quarter compared with the same period of last year. ($1 = 0.8513 euros)
Yahoo
14 hours ago
- Business
- Yahoo
"I wonder how much that puts a target on someone's life" - Kyrie Irving suggests NBA contracts shouldn't be available to the public
"I wonder how much that puts a target on someone's life" - Kyrie Irving suggests NBA contracts shouldn't be available to the public originally appeared on Basketball Network. Even though the NBA season is still a couple of months away from its restart, it seems like the players are not just sitting back and relaxing. Now, in an era where the social media presence of NBA stars is higher than ever before, some of them use those platforms to voice their opinions and point out anything they might find unwelcome in the basketball world. And when it comes to speaking your mind, especially on topics that go beyond the game (ehm, COVID vaccines), few have been more consistently outspoken than Kyrie Irving. This time, the Dallas Mavericks star raised an issue that rarely comes up from the players' side, questioning whether it still makes sense for NBA salaries to be fully public. "I find it very interesting that, of course, people will know how much the CEOs of Fortune 500 companies make. They will know different avenues of nine to five, in terms of the contract structure, but when it comes to sports, it's like, you know exactly the pay scale, the details of it and then it gets discussed as though there isn't any real live consequences to that," Irving opined in one of his live streams. "I wonder how much that puts a target on someone's life, where you know what's going on, you see it very causal, but it helps the overall growth of a sport, the sexiness of it, like, 'Oh, guess what Kai, or so and so is making this,' record breaking historic numbers… But I look at it, is it too much information at some point though?" the shifty point guard added. Players were receiving criticism depending on how much money they make It's not hard to understand where Kyrie is coming from. The moment a player signs a new deal, the figures are everywhere. Salary, incentives, player options broken down in seconds by every major media outlet. The business of basketball has become part of the content. And fans, who play a massive role in financing the league through TV ratings, merchandise and ticket sales, have naturally grown used to knowing exactly how much their favorite players are getting paid or just how much their home team splurges around. From one angle, that transparency strengthens the connection between fans and teams. It gives everyone something to talk about. But on the flip side, those same numbers often become weapons used against the players. Just ask Ben Simmons. The former No. 1 pick signed a five-year, $170 million contract extension with the Philadelphia 76ers in 2019, and ever since then, he has been on the receiving end of daily criticism, the guy who is robbing the teams in front of their eyes. Whether he was sidelined due to injury or holding out during his exit from Philly, Simmons' paycheck has been a punching bag, and that's exactly what Kai was and still is trying to but wishful thinking for now While WNBA players continue to speak out in hopes of getting their paychecks closer to what they deserve, Kyrie's suggestion floats in a bit of an opposite direction. And while his concern is understandable, it's hard to imagine the league ever going back on this particular norm. The league, especially the NBA, is built around its superstars. And salaries, whether we would like to admit it or not, sell stories and drive the necessary "drama." For Irving and probably many more players, a world with less exposure to how much dollar bills they are making would offer some peace of mind, but for now, these kinds of speculations are reserved strictly for podcast story was originally reported by Basketball Network on Jul 22, 2025, where it first appeared.
ABC News
a day ago
- Business
- ABC News
As West Coast prepares monster Harley Reid offer, it is time for the AFL to consider introducing max contract lengths
Over 25 years ago, the NBA decided enough was enough and flexed a key cap mechanism, introducing maximum contract lengths. The 90s had seen teams dish out ridiculously long contracts, ones that had the potential to handicap them for the best part of a decade. One of the more notorious examples saw Juwan Howard, the fifth overall pick in the 1994 draft, locked into a 12-year, $42 million deal with the Washington Bullets, one which gave him an option to opt out after two years. The NBA's current rules mean the longest contract that a player can now earn is a five-year deal with their own team, or a four-year deal if they sign with a rival. It is a mechanism that essentially protects teams from themselves, even if it limits the amount of financial security for the players. Even with this measure, NBA teams still make bad signings and players have bad contracts, but at least the length of the financial damage to a team's cap sheet is limited. With lengthy extensions becoming more and more popular over the last few years, the AFL, too, has started to save teams from their own mishaps, and would be well served to do more in coming years. Since the start of the 2024 season, AFL teams offering contracts longer than six years must submit written approval from their president and CEO, explaining the deal. It is like trying to convince your parents why you should buy a brand-new PS5. That move came after Brodie Grundy, now with Sydney, was moved twice by two different clubs, Collingwood and Melbourne, in the space of two years. The seven-year extension Grundy signed runs through 2027. By the time it expires, he will have played for at least three different clubs over the duration of the contract. No one was to blame for the Grundy extension in hindsight. His management was well within its rights to ask for top dollar from the Magpies, given he was a two-time All-Australian and one of the best big men in the game at the time. The decision was simple for Collingwood: either pay Grundy or lose him to a rival club, leaving a gaping hole at the ruck position. A couple of teams in the AFL currently face the same conundrum the Magpies did at the end of 2019, namely West Coast, which is trying to retain the services of their prolific youngster, Harley Reid. The Eagles have won a combined 10 games in four seasons, and currently have an abysmal 1-17 record so far this year. Despite spending four years as the AFL's cellar-dwellers, Reid is the only Eagles player who seems a sure bet to make an All-Australian team in the future, making locking him up a priority for the club. Ever since Eagles selected Reid, a Victorian native, first overall in the 2023 draft, clubs from his home state have been sniffing around the prospect of prying him out of Western Australia. The bidding war has allowed Reid's management to drive up his asking price. The latest number being thrown around is a reported 11-year extension that would net Reid an estimated total of $20 million across the duration of the deal. The AFL hasn't seen numbers like this before, so understandably, there is apprehension around the competition, particularly due to the fact that Reid has played 38 career games and blown hot and cold in those, as you'd expect from a 20-year-old in his second season. From an Eagles perspective, the deal is a no-brainer. You simply pay whatever you can to keep your crown jewel and worry about the rest later. West Coast might not be winning very often, but Reid's presence still draws significant interest, which is of tangible value to the club. The idea of what he might be is enough to keep fans entertained. Rival clubs may not be willing to match the 11 years West Coast is offering, but are clearly prepared to stump up well in excess of $1 million per annum if it means Reid is spending his prime years running around in their guernsey. Like the situation with Grundy and Collingwood, no one is necessarily at fault. This just happens to be the price of doing business. St Kilda finds itself in a similar boat when it comes to the seemingly intertwined futures of Nasiah Waganeen-Milera, who is already at the club, and Tom De Koning, whom the Saints are trying to acquire this summer. The Saints have been big-game hunting for a few years now, and everyone in the league knows it. They failed to lure Finn Callaghan and Essendon captain Zach Merrett to come to the club in the last 12 months, but appear to have turned the head of Carlton's De Koning. De Koning has been reportedly offered a deal in the vicinity of $1.7 million per season to leave the Blues, a deal which has seen Waganeen-Milera's camp raise his asking price to $1.4 million per year amid interest from both South Australian clubs. St Kilda, which is currently flush with salary cap space, can afford to sign both players to huge deals, but will likely restrict itself moving forward by committing such a large portion of its cap to two players. People in power at all these clubs have one thing in common: trying to follow through on whatever the message is to their members. The only thing that differs is what exactly that message is. For West Coast, the message is one of hope, patience, and an idea of what could be. Pitching that to fans is doable when Reid is the centrepiece of it. Good luck doing it while he's ripping it up back in Victoria after being traded by the Eagles. The Saints have an entirely different mandate. This is a club that has not had any real star-power since the Nick Riewoldt era a decade ago. To those in charge at St Kilda, giving the fans a shiny new toy in De Koning makes paying him well above the usual going rate for a ruckman worth it. People in power at each of these clubs are trying to appease their members as quickly as possible. If that means handicapping the club in the long run, a time when they may not still remain at the club in their respective positions, it is a decision they'll make every single time. This isn't a problem that is AFL-exclusive. Across all sports, if you leave clubs to their own vices, the chances are they make short-sighted decisions that usually result in adversely impacting their long-term futures. The AFL cannot make any changes until the end of the current Collective Bargaining Agreement (CBA), which ends in 2027. When it comes to the negotiation of a new deal, contract lengths should be central to these discussions, particularly with expansion on the horizon. The current AFL administration has already shown an inclination to keeping a close eye on how the NBA does things, dabbling in play-in tournament and in-season cup ideas. If there is one thing they can actually take from the NBA, it should be contract lengths.
Zawya
a day ago
- Business
- Zawya
Kuwait's Combined Group lands $240mln GCC contracts
Kuwait-based Combined Group Contracting Company has announced that it has secured new contracts in UAE and Oman worth a total KD73.3 million ($240 million) which will be completed within a two-year period. In the UAE, the company snapped up the construction and upgradation contract for Emirates Road - all the way from Al Bade'a Intersection to E55 Intersection. The KD57 million contract was awarded by the Ministry of Energy & Infrastructure, said CGC in a statement. In Oman, the company secured the construction contract for the coastal road at Duqm Coastal & Central Business District (CBD) Roads at Duqm. The KD16.3 million project was awarded by Public Authority for Special Economic Zones and Free Zones (OPAZ). Earlier this year, the Combined Group Contracting said that it had been awarded contracts worth AED1.01 billion ($275.8 million) in UAE. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
