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Power Five revenue projections for FY2023: Comcast mess leaves Pac-12 far behind

Published Mon, 23 Dec 2024 18:11:43 GMT

The financial report released by the Pac-12 last month provided crucial insight into the post-COVID budget but fell short of a real-time look at the numbers. Like many of its Power Five peers, the conference files its 990s to the IRS a full 10 months after the close of the fiscal year. The data made public in May of 2023 addressed the year that ended in June 2022.There’s no way to track present-day revenue and efficiency unless we piece together clues and take our best guess.Welcome to that very exercise.With the 2023 fiscal year closing in three weeks, the Hotline gathered information from conference sources and is prepared to offer a back-of-the-envelope calculation of the Pac-12’s campus distributions for the 2023 fiscal year — the data that won’t be made public until next May.Let’s start with a baseline figure: $37 million, the amount sent to each school in FY2022.It was a record amount, to be sure. But it also lagged campus payouts in the other pow...

Biotech firms lease three Bay Area office sites in sign of real estate strength

Published Mon, 23 Dec 2024 18:11:43 GMT

ALAMEDA — Biotech companies have signed leases in three different office hubs in a slew of deals that suggest life science firms continue to seek expansion space despite widening uncertainties about commercial real estate.Two of the office leasing deals landed in Alameda and a third one transpired in South San Francisco, developers and commercial real estate brokers said.Here are the details of the recent office leases in the Bay Area involving life science firms:IDEAYA Biosciences signed a rental agreement to take 44,000 square feet of office space in 5000 Shoreline Court, a South San Francisco office building owned by DivcoWest, a veteran development firm. CBRE brokers Chris Jacobs and Matt Jacobs and JLL brokers Grant Dettmer and Scott Miller arranged the leasing transaction.Rubi Laboratories leased 16,900 square feet at 1501 Harbor Bay Parkway in Alameda within the Radius @ Harbor Bay campus. Newmark brokers Conor Ranahan, Daniel Pivnick and Ari Rokeach arranged this renta...

Seven teens arrested in Livermore stabbing of 14-year-old boy

Published Mon, 23 Dec 2024 18:11:43 GMT

LIVERMORE — Seven boys ranging in age from 15 to 17 have been arrested in connection with the stabbing of a 14-year-old boy at a soccer field last month in what police believe was a gang-related attack, authorities said Tuesday.The suspects, who were arrested late last month, remain in custody at Alameda County Juvenile Hall, police said in a news release. Police said in the release the teens were booked on charges ranging from attempted murder to assault with a deadly weapon causing great bodily injury. It was not immediately known if they have been formally charged.The stabbing happened May 13 during a fight at soccer fields at Livermore Downs Park, located at 2101 Paseo Laguna Seco.Police found a 14-year-old Livermore boy with a stab wound. He was rendered medical aid at the park before being taken to a hospital. He was initially listed in critical condition but has since been released, police said.Livermore investigators subsequently learned the victim had been assaulted b...

Fremont deaths of woman, 2 children ruled murder-suicide: police

Published Mon, 23 Dec 2024 18:11:43 GMT

(KRON) -- A mother and her two young children died in a murder-suicide, the Fremont Police Department said on Tuesday. The three bodies were found in a Fremont apartment on Monday.Police said a 1-year-old boy and a 4-year-old girl were killed. Their mother is believed to have committed suicide. Harrowing details of San Jose and Milpitas killing rampage released Officers responded to the 40000 block of Inglewood Common just after 1 p.m. to investigate the deaths of three people. A knife was discovered at the scene, but FPD investigators are waiting to see an autopsy from the Alameda County Coroner before determining its relevance. “Our department offers our sincerest condolences for the family and friends impacted by this tragedy. Loss of life is always difficult, especially when the loss involves children. The family is in need of ongoing support and I thank our community for coming together during this difficult time,” FPD Chief Sean Washington said. The mother was believed to b...

KRON4 evening anchor Pam Moore announces retirement

Published Mon, 23 Dec 2024 18:11:43 GMT

SAN FRANCISCO – June 6, 2023 – Pam Moore, veteran journalist, and evening anchor for KRON4 News announces her retirement from the evening anchor desk. Moore has been anchoring KRON4 News since March 1991, where she reported and anchored across all KRON platforms, KRON4-TV, kron4.com, and streaming service KRONon.A native of Detroit, Moore graduated from the University of Michigan, where she earned a degree in Radio, Television and Film. She began her broadcasting career as a news reporter at WJLB Radio in Detroit. From Detroit, to Dallas, Louisville, Los Angeles, and Boston, Moore has been reporting the news to local communities for decades. Her work has earned her manyhonors.“I’m humbled to have shared this career with so many, this was not an easy decision, but my faith confirmed it’s time. It’s been a real blessing,” Moore shared.Some of the significant interviews from Pam’s career include a profile of the late Georgia Congressman John Lewis, her interview with then-Senator Kamal...

Florida officials confirm involvement in 'voluntary relocation' of immigrants to California

Published Mon, 23 Dec 2024 18:11:43 GMT

(KTXL) — Florida's Division of Emergency Management confirmed Tuesday afternoon its involvement in what it calls "voluntary relocation" of volunteers who "indicated they wanted to go to California," this after two flights carrying migrants arrived in Sacramento in the last week. The Division released a statement that included a link to a video that includes photos and recordings of people signing documents, boarding a plane, and commenting on their arrival to California and their experience as they traveled to the U.S. Details about the photos and video are unclear, such as when and where the images were recorded, who produced them, and who are the people depicted. "As you can see from this video, Florida's voluntary relocation is precisely that - voluntary," reads a statement from Amelia Johnson, deputy director of communications for the Florida Division of Emergency Management. Sacramento leaders address community after migrants dropped off in the city "Through verbal and writt...

Founder, executive of SF-founded wellness company indicted for sexual coercion, forced labor

Published Mon, 23 Dec 2024 18:11:43 GMT

SAN FRANCISCO (KRON) -- The founder and the chief executive of a wellness education company that was founded in San Francisco have been indicted for forced labor conspiracy in connection to a years-long scheme to obtain labor and services from members, according to the United States Department of Justice. An indictment unsealed on Tuesday in a federal court in Brooklyn states that Nicole Daedone, founder and former Chief Executive Officer, and Rachel Cherwitz, former Head of Sales at OneTaste, Inc., subjected volunteers, contractors and employees to "economic, sexual, emotional and psychological abuse, surveillance, indoctrination, and intimidation." Former Bay Area anchor Frank Somerville arrested twice in one night, Berkeley "Under the guise of empowerment and wellness, the defendants are alleged to have sought complete control over their employees' lives, including by driving them into debt and directing them to perform sexual acts while also withholding wages," U.S. Attorney B...

Another East Bay prison guard convicted of 'despicable crimes'

Published Mon, 23 Dec 2024 18:11:43 GMT

(KRON) -- A jury convicted a federal prison guard this week of sexually abusing inmates who were imprisoned inside Federal Correctional Institute Dublin in the East Bay. John Bellhouse, 40, formerly of Pleasanton, was employed as a correctional officer. Trial evidence showed that Bellhouse used his authority to sexually abuse female inmates beginning December 2019 through October 2020. "Correctional Officer Bellhouse committed an egregious breach of trust by using the cover of the (Bureau Of Prisons) facility’s Safety Office to sexually abuse individuals in his custody," said Deputy Attorney General Lisa Monaco. "This guilty verdict is yet another warning that any Bureau employee who abuses their authority will be held accountable. The Department of Justice is committed to rooting out sexual assault within the BOP and continuing to prioritize cases involving sexual abuse of individuals in BOP custody." Prison guard nicknamed ‘Dirty Dick’ charged with abusing inmates Prosecutors sa...

Stanley Middleman buys ownership stake in Phillies

Published Mon, 23 Dec 2024 18:11:43 GMT

PHILADELPHIA (AP) — Stanley C. Middleman is buying an ownership stake in the Philadelphia Phillies.John Middleton, the Phillies’ managing partner and CEO, announced the addition of Middleman as a limited partner on Tuesday.“This is a significant moment in our partnership’s history as it is only the second time in over 40 years that we have added a new partner,” Middleton said in a statement.Middleman, a Philadelphia native and lifetime Phillies fan, owns a mortgage company based in South Jersey.“It truly is a dream come true,” he said.Middleman’s addition will become official in July following approval by Major League Baseball.___AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_SportsSource

Louisiana lawmakers approve anti-LGBTQ+ bills that include ban on trans care for minors

Published Mon, 23 Dec 2024 18:11:43 GMT

BATON ROUGE, La. (AP) — Louisiana is poised to become the latest state to enact laws targeting the LGBTQ+ community, after the Republican-controlled Legislature on Tuesday sent a package to the Democratic governor that includes a ban on gender-affirming care for minors.The Legislature also overwhelming passed Louisiana’s version of a “Don’t Say Gay” bill and a measure outlining pronoun usage for students.Democratic Gov. John Bel Edwards opposes the legislation, but has not said whether he would veto the bills. Republicans hold a veto-proof majority in the Legislature, and the bills passed largely along party lines. Last year, Edwards chose not to block a Louisiana law banning transgender athletes from participating in women and girls sports competitions, saying it was clear a veto would be overridden.Debate in the Legislature over the transgender care measure was marked by misinformation, religious arguments, hours of emotional testimony from the LGBTQ+ community, and a dramatic res...