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Bloomberg
a minute ago
- Bloomberg
Bryce Harper and His Nine Figures Can't Front MLB's Pay Fight
Bryce Harper, star first baseman for the Philadelphia Phillies, got in the face of Major League Baseball Commissioner Rob Manfred during a team meeting recently. Manfred, according to ESPN, was discussing baseball's challenging economics. Harper, who is in the midst of a $330 million contract, used an expletive to tell the commissioner to leave if he intended to talk about a salary cap. Manfred fired back, and then cooler heads eventually prevailed, allowing the meeting to continue — without a salary cap discussion. The now-infamous confrontation is just the latest skirmish in an intensifying battle between MLB owners and players over how to fairly distribute baseball's riches and maintain competitive balance. The league and its owners believe a salary cap is a tool that can accomplish both goals. The players' union, which has long opposed a cap, argues that the concept will only serve to protect the economic interests of owners.


CBS News
a minute ago
- CBS News
Bears' Keenum, Bagent compete for backup QB position at training camp
While much of the attention, rightfully so, has been on how Caleb Williams progresses and gets more comfortable with the offense, there are a couple of guys behind him on the depth chart going through the same learning curve. Case Keenum and Tyson Bagent are competing to be Caleb Williams' backup this training camp. Keenum, 37-year-old veteran, signed a one-year deal with the Bears this offseason and is helping a young group learn. Turns out, they're teaching him a few things too. "The really cool thing is we have a great relationship in that room," he said. "We have a lot of fun, we're playing a game for a living, we're a bunch of kids that haven't had to grow up yet, so we're trying to enjoy our love. Getting to hang out with guys who are really young, see what the latest TikTok things are, or whatever it is out there these day. I think I miss out on some of the reels they send each other, I don't have it on my phone, but they fill me during, before meetings and we get in there on all the funniest ones. So yeah, we have fun, but we're getting better." Bagent is entering his third NFL season with new coaches he's also enjoyed learning from. That includes new head coach Ben Johnson. "For me, it's simple, there's no BS-ing going around," he said. "I like to have as much fun outside of this building, but when I'm here I'm pretty much full steam ahead—what are we gonna do today, what are we are we going to accomplish, and then looking at him, whether it's getting a play from him, talking to him between plays, just seems like he's right there with me, intensity wise." As for the ongoing competition for the starting left tackle job, rookie Ozzy Trapilo took every snap with the ones on Saturday. Kiran Amegadie didn't practice with a leg injury.


Bloomberg
a minute ago
- Bloomberg
EM Funds Adjust Bets as ‘Sell the Dollar' Trade Loses Appeal
The dollar's bounceback in July is convincing some emerging-market investors to bet it will keep rising in coming months. T. Rowe Price Group Inc. says it now favors dollar-denominated emerging market bonds rather than local-currency ones as a tactical trade. Barclays Plc is telling its clients to avoid shorting the greenback versus its Asian peers, while Fidelity International says the higher-for-longer US interest rates make it less attractive to borrow the dollar to fund carry trades.