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Anthem Blue Cross Blue Shield reverses decision to put a time limit on anesthesiaArticle content Game Day 29: Oilers vs Wild The Edmonton Oilers have waived struggling defenceman Travis Dermott, making way for newcomer Alec Regula, who was claimed on waivers on Wednesday. My take 1. Dermott was brought in on a try-out contract this September and made the Oilers, but he struggled in his two-way play and failed to exhibit any one skill that would keep him in the line-up. He had some chances but didn’t click, making it an imperative for the team to move on from him. 2. Edmonton needs at least seven solid NHL d-men heading into the playoffs. Perhaps newcomer Alec Regula will be that seventh man. Both Josh Brown and Dermott took a stab at winning the job but couldn’t get it done. Ty Emberson and Troy Stecher, on the other hand, have impressed enough in Edmonton that it’s likely they’ll remain on the NHL roster. 3. Edmonton has a solid top-pairing in Evan Bouchard and Mattias Ekholm, along with a solid second-pairing in Brett Kulak and Darnell Nurse, who since November 1 has played the best hockey of his NHL career. Stecher, Emberson and Regula are all right-shot d-men, so they’re not an ideal group to mix and match on the third-paring, but the Oilers have been getting around this issue to date by moving Kulak up and down the roster, sometimes pairing with Nurse, at other times with Emberson. 4. It speaks well of owner Daryl Katz’s commitment to the team that he’s willing to bring in numerous players on pro contracts, give them a chance, then pay the full shot or a substantial portion of their NHL salary if they fail and end up in the NHL. Brown will make $1 million this year and for the next two. Dermott earns $500,000 this year if he’s in the minors. Regula earns $775,000 wherever he plays. This kind of expensive experimentation allowed the team to see if Brown, Dermott, Stecher and Emberson could cut it. So far the Oilers have two hits and two misses, but perhaps Regula will make it a third hit. 5. As for tonight’s game, the Oilers are going with the same line-up as last game, save for having Calvin Pickard in net. Pickard has six wins and three losses, but an underwhelming .892 save percentage. At the Cult of Hockey McCURDY: Surprise! Oilers bring in big new d-man Staples on politics Danielle Smith in damage control to stop sell-out of Alberta’s interests in Trudeau/Trump tariff crisisCORK, Ireland , Dec. 5, 2024 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI) (the "Company" or "Johnson Controls"), a global leader for smart, healthy and sustainable buildings, today announced the pricing of its offering of $250 million senior notes due 2032 (the "Additional Notes"). The Additional Notes will be a further issuance of, and form a single series with, the existing $400 million aggregate principal amount of 4.900% senior notes due 2032 that were originally issued on September 14, 2022 by the Company and Tyco Fire & Security Finance, S.C.A., a subsidiary of the Company, as co-issuer. The net proceeds of the Additional Notes will be used for general corporate purposes, including the repayment, redemption or refinancing of outstanding commercial paper and other near-term indebtedness. General corporate purposes may also include acquisitions, additions to working capital, repurchase of ordinary shares, dividends, capital expenditures and investments in the Company's subsidiaries. The closing for the transaction is expected to occur on December 10, 2024 , subject to certain customary closing conditions. BofA Securities and US Bancorp are serving as joint lead book-running managers to facilitate the transaction. Barclays, BBVA and UniCredit Capital Markets are also serving as book-running managers of the offering. The offering of the Additional Notes is being made pursuant to an effective shelf registration statement, prospectus and related prospectus supplement. Copies of the prospectus supplement and the base prospectus may be obtained by contacting BofA Securities, Inc. toll-free at 1-800-294-1322; or U.S. Bancorp Investments, Inc. toll-free at 1-877-558-2607. Investors may also obtain these documents for free by visiting EDGAR on the Securities and Exchange Commission's website at www.sec.gov . This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. About Johnson Controls: At Johnson Controls, we transform the environments where people live, work, learn and play. As a global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet. Building on a proud history of nearly 140 years of innovation, we deliver the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through OpenBlue, our comprehensive digital offering. Today, with a global team of experts, Johnson Controls offers the world's largest portfolio of building technology and software as well as service solutions from some of the most trusted names in the industry. Johnson Controls International plc Cautionary Statement Regarding Forward-Looking Statements Johnson Controls International plc has made statements in this communication that are forward-looking and therefore are subject to risks and uncertainties. Forward-looking statements may be identified by the use of words such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe," "should," "forecast," "project" or "plan" and terms of similar meaning are also generally intended to identify forward-looking statements. However, the absence of these words does not mean that a statement is not forward-looking. Johnson Controls cautions that these statements are subject to numerous important risks, uncertainties, assumptions and other factors, some of which are beyond Johnson Controls' control, that could cause actual outcomes to differ materially from those expressed or implied by such forward-looking statements, including, among others, risks related to: Johnson Controls' ability to develop or acquire new products and technologies that achieve market acceptance and meet applicable quality and regulatory requirements; the ability of Johnson Controls to execute on its operating model and drive organizational improvement; Johnson Controls' ability to successfully execute and complete portfolio simplification, including the completion of the divestiture of the Residential and Light Commercial business, as well as the possibility that the expected benefits of such actions will not be realized or will not be realized within the expected time frame; the ability to hire and retain senior management and other key personnel, including successfully executing Johnson Controls' Chief Executive Officer succession plan; the ability to innovate and adapt to emerging technologies, ideas and trends in the marketplace, including the incorporation of technologies such as artificial intelligence; the ability to manage general economic, business and capital market conditions, including the impact of recessions, economic downturns and global price inflation; fluctuations in the cost and availability of public and private financing for Johnson Controls' customers; the ability to manage macroeconomic and geopolitical volatility, including supply chain shortages and the conflicts between Russia and Ukraine and Israel and Hamas; managing the risks and impacts of potential and actual security breaches, cyberattacks, privacy breaches or data breaches, maintaining and improving the capacity, reliability and security of Johnson Controls' enterprise information technology infrastructure; the ability to manage the lifecycle cybersecurity risk in the development, deployment and operation of Johnson Controls' digital platforms and services; changes to laws or policies governing foreign trade, including economic sanctions, tariffs, foreign exchange and capital controls, import/export controls or other trade restrictions; fluctuations in currency exchange rates; changes or uncertainty in laws, regulations, rates, policies, or interpretations that impact Johnson Controls' business operations or tax status; the ability to adapt to global climate change, climate change regulation and successfully meet Johnson Controls' public sustainability commitments; risks and uncertainties related to the settlement with a nationwide class of public water systems concerning the use of Aqueous Film-Forming Foam; the outcome of litigation and governmental proceedings; the risk of infringement or expiration of intellectual property rights; Johnson Controls' ability to manage disruptions caused by catastrophic or geopolitical events, such as natural disasters, armed conflict, political change, climate change, pandemics and outbreaks of contagious diseases and other adverse public health developments; any delay or inability of Johnson Controls to realize the expected benefits and synergies of recent portfolio transactions; the tax treatment of recent portfolio transactions; significant transaction costs and/or unknown liabilities associated with such transactions; labor shortages, work stoppages, union negotiations, labor disputes and other matters associated with the labor force; and the cancellation of or changes to commercial arrangements. Investors are therefore cautioned not to place undue reliance on any forward-looking statements. For further discussion of certain of these factors, see Item 1A. Risk Factors in the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2024 , filed with the U.S. Securities and Exchange Commission (the "SEC") on November 19, 2024 and in our subsequent and future filings with the SEC, which are available at www.sec.gov . Investors should understand that it is not possible to predict or identify all such factors and should not consider this list to be a complete statement of all potential risks and uncertainties. The forward-looking statements included in this communication are made only as of the date of this communication, unless otherwise specified, and, except as required by law, the Company assumes no obligation, and disclaims any obligation, to update forward-looking statements to reflect events or circumstances occurring after the date of this communication. INVESTOR CONTACTS: MEDIA CONTACT: Jim Lucas Danielle Canzanella Direct: 414.340.1752 Direct: 203.499.8297 Email: jim.lucas@jci.com Email: danielle.canzanella@jci.com Michael Gates Direct: 414.524.5785 Email: michael.j.gates@jci.com View original content to download multimedia: https://www.prnewswire.com/news-releases/johnson-controls-prices-senior-notes-offering-302324369.html SOURCE Johnson Controls International plc
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For the second straight Major League Baseball offseason, a norm-shattering contract has been the talk of the winter , with Juan Soto agreeing with the New York Mets on a $765 million, 15-year deal that's the richest in baseball history. It comes almost exactly one year after the Los Angeles Dodgers forked out a princely sum of $700 million on a 10-year, heavily deferred deal for two-way Japanese superstar Shohei Ohtani. They are believed to be the two richest contracts in pro sports history. The way it's going, a contract approaching $1 billion doesn't seem out of the question. But several factors are working against it — at least in the near future. There's reason to believe the megadeals for Ohtani and Soto are unicorns in the baseball world. Both players are uniquely talented, surely, but both also had unusual circumstances propelling their value into the stratosphere. Ohtani is the greatest two-way player in baseball history, capable of improving any team on both sides of the ball. He's also the rare baseball player who has true international appeal . His every move ( like his unexpected marriage announcement ) is followed closely in his native Japan, adding another 125 million potential fans who buy merchandise, watch him play and help fill the Dodgers' coffers. Then there's Soto — a four-time All-Star and on-base machine who won a World Series with the Washington Nationals in 2019. The X-factor for him is he became a free agent at the prime age of 26, which is extremely hard to do under current MLB rules. Players have to be in the big leagues for six years before testing free agency. The precocious Soto debuted at 19 with the Nats, making him part of a rare group of players who reached the highest level of professional baseball as a teenager. That accelerated his free agency timeline. It's rare for players to debut that young, and rarer still for them to develop into stars and test the open market the first chance they get. Two recent examples are Manny Machado and Bryce Harper, who both reached free agency in 2019. Machado signed a free-agent record $300 million contract with San Diego, and Harper overtook him days later with a $330 million contract to join the Phillies. Most players debut in the big leagues from ages 22 to 26, which means free agency comes in their late 20s or early 30s. A typical example is Yankees slugger Aaron Judge, who is one of this generation's great players but didn't hit the market until he was 30. Judge played three seasons of college baseball for Fresno State before getting drafted by the Yankees in 2013 at age 21 — already two years older than Soto was when he made his MLB debut. It took a few years for the budding superstar to reach the majors, and he was 25 when he had his breakout season in 2018, smashing 52 homers to earn AL Rookie of the Year honors. By the time he reached free agency after the 2022 season, he had already passed age 30. It's a major factor that led to him signing a $360 million, nine-year deal with the Yankees, which seems downright reasonable these days after the Ohtani and Soto deals. Two major trends are colliding that will make it harder for guys like Soto to hit free agency in their mid 20s. First, MLB teams have been more likely in recent years to take college players early in the draft, betting on more experienced talents. Just 10 high school players were drafted among the top 30 picks in the 2024 draft . Second, teams are more eager to lock up young, premium talent on long-term deals very early in their careers, well before they hit free agency. Sometimes before they even reach the majors. Since Soto, just two players have debuted in MLB before their 20th birthday — Elvis Luciano and Junior Caminero. Luciano hasn't been back to the majors since his 2019 cup of coffee. Caminero is now 21 and has only played in 50 big league games. Among those that debuted at 20: Fernando Tatis Jr. signed a $340 million, 14-year deal with San Diego in 2021, years before reaching the open market. Milwaukee's Jackson Chourio got an $82 million, eight-year deal before even reaching the big leagues. Young stars Corbin Carroll ($111 million, eight years with Arizona), Bobby Witt Jr. ($288 million, 11 years with Kansas City) and Julio Rodriguez ($209.3 million, 12 years with Seattle) also got massive guarantees early in their 20s to forgo an early free agency. The exception and wild card: Blue Jays slugger Vladimir Guerrero Jr. will be a 26-year-old free agent next offseason. Guerrero hasn't been as consistent in his young career as Soto, but a standout 2025 season could position him to threaten Soto's deal. More likely is that the player to pass Soto isn't in the majors yet — and might not even be in pro baseball. When 25-year-old Alex Rodriguez signed his record $252 million, 10-year deal with Texas in 2001, it took over a decade for another player to match that total, when Albert Pujols got $240 million over 10 years from the Angels in 2012. For many players, passing up life-changing money in their early or mid 20s is too enticing, even if it means that they might not maximize their value on the free agent market later in their careers. Soto was determined to test the market. He famously turned down a $440 million, 15-year offer to stay with the Washington Nationals in 2022, betting that he could make even more as a free agent. Not many players would turn down that kind of cash. Then again, that's what makes Soto so unique. And it's also why his $765 million deal could be the industry standard for some time. AP MLB: https://apnews.com/hub/mlb
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NVR Inc. stock underperforms Thursday when compared to competitorsMax George reveals he will be spending Christmas in hospital due to heart issuesHeisman Trophy finalist and two-way Colorado star Travis Hunter was named The Associated Press Big 12 defensive player of the year while also being a first-team selection at wide receiver on Thursday. Buffaloes quarterback Shedeur Sanders is the league's top offensive player. Kenny Dillingham, the 34-year-old in his second season at Arizona State, was the unanimous choice as Big 12 coach of the year after leading his alma mater to a championship and a spot in the 12-team College Football Playoff. The Sun Devils (11-2) went into their league debut as the preseason pick to finish last among the 16 teams. At cornerback, Hunter had 31 tackles, tied for the Big 12 lead with 11 pass breakups and was tied for second with four interceptions. On offense, he leads the Big 12 with 92 receptions and 14 receiving touchdowns, and is second with 1,152 yards receiving. His 21 catches of at least 20 yards are the most nationally. He is also the AP's player of the year. Sanders is the Big 12 passing leader, completing 337 of 454 passes (74.2%) for 3,926 yards and a school-record 35 touchdowns with eight interceptions for the Buffaloes (10-2) Arizona State freshman quarterback Sam Leavitt, who is 11-1 as a starter, is the league’s top newcomer. The Michigan State transfer has 2,663 yards passing with 24 touchdowns and only five picks in 304 attempts. LAS VEGAS — UNLV is reaching into the Southeastern Conference to keep momentum going for its 24th-ranked football team, hiring former Florida and Mississippi State coach Dan Mullen on Thursday. He will be introduced in a news conference Friday morning. UNLV athletic director Erick Harper, in a news release, called Mullen "an innovator and nationally respected leader.” “The momentum of UNLV football continues to skyrocket with Coach Mullen coming aboard and is even more proof that our university is serious about success," Harper said. "Rebel Nation came alive while watching this program reach new heights the last two seasons and we are excited to keep it moving forward under the leadership of someone the caliber of Dan Mullen.” The 52-year-old Mullen replaces Barry Odom, who left for Purdue on Sunday after going 19-8 and helping the Rebels receive back-to-back bowl invitations for the first time in program history. UNLV will play California in the LA Bowl on Wednesday. Mullen, most recently an ESPN college football analyst, went 103-61 at Florida and Mississippi State. Rich Rodriguez is returning to West Virginia for a second stint as head coach at his alma mater. Athletic director Wren Baker announced the hiring on Thursday, 17 years after Rodriguez made a hasty exit for what became a disastrous three-year experiment at Michigan. “We are thrilled to welcome Coach Rich Rodriguez and his family back home,” Baker said in a statement. “Coach Rodriguez understands what it takes to win at West Virginia, and I believe he will pour his heart, soul and every ounce of his energy into our program. I am convinced Coach Rodriguez wants what is best for West Virginia, WVU and West Virginia football, and I am excited about the future of our program.” Rodriguez, who is the current coach at Jacksonville State, an architect of the spread offense and a polarizing figure in his home state, replaces Neal Brown, who was fired on Dec. 1 after going 37-35 in six seasons, including 6-6 this year. TUCSON, Ariz. — Arizona star receiver Tetairoa McMillan declared for the NFL draft following three stellar seasons. McMillan announced his decision Thursday on Instagram. “Now, it’s time to take the next step. ... I’m officially declaring for the 2025 NFL Draft,” McMillan posted. “This is only the beginning.” McMillian is Arizona's all-time leader in receiving yards, finishing with 3,423 in three seasons, and is projected to be a first-round NFL draft pick. BRIEFLY FCS: The NCAA is taking its Football Championship Subdivision title game back to Tennessee. The FCS championship games at the end of the 2025 and 2026 seasons will be played in Nashville on the Vanderbilt campus. This season’s game will be played Jan. 6 at Toyota Stadium in Frisco, Texas, which will host the game for a record 15th season in a row and was set for at least two more. OC: UCLA announced Tino Sunseri’s hiring as offensive coordinator and quarterbacks coach. Sunseri replaces Eric Bieniemy, who was fired on Dec. 5 after fielding one of the nation’s worst offenses this season. Sunseri spent one season as Indiana’s co-offensive coordinator and quarterbacks coach after following Hoosiers coach Curt Cignetti from James Madison. Get local news delivered to your inbox!
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