AP source: Cowboys, Ezekiel Elliott agree to 6-year, $90M extension

The Dallas Cowboys and Ezekiel Elliott have agreed on a $90 million, six-year contract extension that will make him the NFL’s highest-paid running back and end a holdout that lasted the entire preseason, a person with knowledge of the agreement said Wednesday.

The breakthrough was finalized the morning of the team’s first full workout before Sunday’s opener at home against the New York Giants. The person spoke to The Associated Press on condition of anonymity because the deal hasn’t been announced.

Elliott will get $50 million guaranteed. The $15 million-per-year average on the extension surpasses the $14.4 million Todd Gurley got from the Los Angeles Rams last summer. Gurley’s guarantee was $45 million.

The 41-day standoff between Dallas and the two-time NFL rushing champion came with the Cowboys holding high expectations coming off their first playoff win with Elliott and quarterback Dak Prescott. They’ve won two NFC East titles in three seasons together.

Although Prescott and receiver Amari Cooper are seeking long-term contracts in the final year of their rookie deals, getting an agreement with Elliott settles the most important issue as the Cowboys try to get past the divisional round for the first time since winning the last of the franchise’s five Super Bowls during the 1995 season.

Elliott held out with two years left on his rookie contract, at $3.9 million this season and $9.1 million in 2020. The fourth overall pick in the 2016 draft wanted to be the highest-paid back after getting those two rushing titles in only three years.

Even when he was suspended for six games over domestic violence allegations in 2017, Elliott still had the best per-game rushing average.

…read more

Source:: Sportsnet.ca


Ezekiel Elliott agrees to $90 million contract extension with the Dallas Cowboys, becoming the highest-paid running back in NFL

Ezekiel Elliott

Ezekiel Elliott has agreed to a six-year, $90 million contract extension with the Dallas Cowboys.
The contract makes him the highest-paid running back in the NFL, surpassing Todd Gurley’s four-year, $60 million deal signed last year.
Before Tuesday, many feared that Elliott’s holdout would carry into the start of the season.
Instead, the Cowboys found middle ground with Zeke, and will have their best offensive weapon at their disposal Week 1 against the New York Giants.
Visit Business Insider’s homepage for more stories.

Ezekiel Elliott has agreed to a six-year, $90 million contract extension with the Dallas Cowboys, ending the most dramatic ongoing holdout in the NFL just days before the start of the season.

The deal eclipses Todd Gurley’s four-year, $60 million deal signed last year to make Elliott the highest-paid running back in the league, once again resetting the market for top-tier players at the position. According to reports, Elliott’s deal will also top Gurley’s in guaranteed money, with Zeke securing $50 million in guarantees from the Cowboys as opposed to Gurley’s $45 million from the Rams.

Surpassing Gurley’s contract was reportedly a sticking point during negotiations between Elliott and the Cowboys, but it appears as though both sides have come to an agreement that will give the Dallas superstar a chance of suiting up for Week 1.

Read more: One contract on another team has become the sticking point in the battle between Ezekiel Elliot and the Cowboys

For a while, it looked as though Elliott’s holdout would last into the regular season, as both he and the Cowboys refused to budge on their wants.

Elliott, who has led the NFL in rushing in the two of his three seasons in which he’s played the full season, was looking to get paid like the top-tier running back that …read more

Source:: Business Insider


Fake, computer-generated Instagram influencers are modeling designer clothes, wearing Spanx, and attending red carpet premieres

Lil Miquela

Computer-generated imagery (CGI) is getting better and becoming more accessible to people who want to try out 3D art for themselves. Thanks to technological advances, CGI influencers like Miquela, Bermuda, and Shudu now exist on social media — and the trend is growing.
Although they’ve been around for a couple of years, it’s still unclear why CGI influencers — who visit coffee shops, go to yoga, and even record music and model designer clothes — exist, or where the industry could go.
One concern is that they could take jobs from real models. Another is the fact fake people don’t necessarily have to follow the same rules in terms of sponsored content that real influencers do — a loophole brands could use to their advantage.
For now, CGI influencers are a novelty, because it’s still fairly clear they aren’t real. But as the technology gets better and better, it may become less obvious. Some media and marketing experts find this concerning.
On the one hand, people who are unaware of the trend are open to be manipulated by a new wave of marketing. But on the other, CGI technology is opening up an art form with which young people can express their creativity in a new and exciting way.
Visit Insider’s homepage for more stories.

“Congrats @travisscott on the premiere of #lookmomicanfly,” Instagram influencer and artist Miquela wrote on one of her latest posts, apparently after attending the red carpet premiere for the rapper’s new Netflix series. “I laughed, I cried, I almost fell out of your jet.”

Miquela, who goes by @lilmiquela, has racked up 1.6 million followers on Instagram since she materialized out of thin air in 2016. As soon as she appeared, her posts were met with intrigue …read more

Source:: Business Insider


Trump’s view of history drives the trade war between the US and China

Is US hegemony really under threat?

The trade war between the US and China has intensified again, with Washington and Beijing imposing new tariffs at the end of the summer. American tariff increases, which Donald Trump announced on Twitter, came into effect on 1 September and are expected to hit $112bn-worth of Chinese imports, including shoes and electronics. This was a response to China’s decision to enforce previously announced tariffs, increasing duties by between 5 per cent and 10 per cent on a basket of US imports including, for the first time, crude oil.

The trade war looks further from resolution than ever. Commentators have watched in shock as it escalates, and the US financial press is awash with opinion pieces denouncing the impact the conflict will have on buyers – some studies have suggested that the trade war will cost US households up to $1,000 per year.

Trump’s argument is that he is fulfilling election promises to boost US manufacturing by encouraging people to buy American goods. Costs may rise in the short term, but as production shifts back to the US, domestic prices will stabilise and employment rise.

Economists are sceptical. Rather than boosting manufacturing, Trump’s tariffs are likely to raise costs for US manufacturers, which rely on global supply chains. Smaller firms will be hit hardest, and larger ones are likely to shift from Chinese imports to south or south-east Asian substitutes.

Most observers agree that the trade war will lead to domestic job losses, concentrated in states that Trump will rely on for re-election, such as Iowa and Michigan. Employment and business investment have levelled off since the trade war began, and the country is on the cusp of a recession: the combination of rising costs and falling confidence associated with the trade war might just tip …read more

Source:: New Statesman


1 1,911 1,912 1,913 1,914 1,915 2,195