Jim Nantz, CBS reach agreement on long-term contract, per reports

New Orleans Saints’ Marshon Lattimore arrested on suspicion of possessing a stolen handgun

New Orleans Saints cornerback Marshon Lattimore was arrested Thursday night under suspicion of possessing a stolen handgun.

According to a summary of the arrest released by the Cleveland Police Department on Friday, Lattimore was one of three passengers in a car that was pulled over for "multiple traffic violations" in Cleveland. Officers claim he failed to inform them at the beginning of the traffic stop that he had a loaded handgun in his possession, and they later determined that the handgun had been reported as stolen.

Lattimore, 24, was arrested on charges of failing to notify police that he was carrying a firearm, which is a minor misdemeanor, and receiving stolen property, which is a misdemeanor or felony depending on the value of the item.

Is basketball necessary? For Maryland women’s coach Brenda Frese and her family, there’s no doubt

As the coronavirus pandemic has circled the globe, undefeated in its quest to wreck havoc on communities, I've been wondering if we actually need sports. Should we really be focused on dunking basketballs and scoring touchdowns when more than 546,000 Americans have died, most of them gasping for air in isolated hospital rooms?

Sports have felt especially unnecessary the past week, as we’ve played the first couple rounds of the NCAA men's and women's basketball tournaments in bubbles, with coaches separated from their children and players not allowed to hug their parents. 

Then I talked to Brenda Frese and her parents, Bill and Donna Frese. And I started to change my mind. 

Brenda is the coach of the Maryland women, a basketball team that gets buckets in bunches and is a No. 2 seed in the NCAA Tournament. The Terps have scored 98 and 100 points, respectively, in their first two tournament games, thoroughly debunking the claim that women’s basketball is boring and serving notice to sixth-seeded Texas, their Sweet 16 opponent, that it will have to put points on the board to pull an upset.

Big Tech Critic Lina Khan Nominated As FTC Commissioner

President Joe Biden has nominated Lina Khan, who is a known critic of big technology firms, for Commissioner of the Federal Trade Commission.

A leading voice in the antitrust movement, the 32-year-old woman is currently an associate professor of law at Columbia University’s law school.

She teaches and writes about antitrust law, infrastructure industries law, and the anti-monopoly tradition at Columbia Law School. Her antitrust scholarship has received several awards.

Khan has previously served as counsel to the U.S. House Judiciary Committee’s Subcommittee on Antitrust, Commercial, and Administrative Law, where she helped lead the Subcommittee’s investigation into digital markets.

Khan was also a legal advisor in the office of Commissioner Rohit Chopra at the Federal Trade Commission and legal director at the Open Markets Institute.

Born in London to Pakistani parents, Khan moved with them to the United States when she was 11 years old. She is a graduate of Williams College and Yale Law School.

While still a law student at Yale University, her article “Amazon’s Antitrust Paradox” was published in the Yale Law Journal, which made a significant impact in American legal and business circles.

If confirmed by the Senate, she will become the youngest ever FTC Commissioner.

Congratulating Khan on her nomination, Acting Federal Trade Commission Chairwoman Rebecca Kelly Slaughter said, “Her creative energy, groundbreaking antitrust work, and passion for the FTC’s mission make her an excellent nominee.”

Seven-Year Note Auction Attracts Below Average Demand

The Treasury Department finished off this week’s series of announcement of the results of its long-term securities auctions on Thursday, revealing this month’s auction of $62 billion worth of seven-year notes attracted below average demand.

The seven-year note auction drew a high yield of 1.300 percent and a bid-to-cover ratio of 2.23.

Last month, the Treasury also sold $62 billion worth of seven-year notes last month, drawing a high yield of 1.195 percent and a bid-to-cover ratio of 2.04.

The bid-to-cover ratio is a measure of demand that indicates the amount of bids for each dollar worth of securities being sold.

The ten previous seven-year note auctions had an average bid-to-cover ratio of 2.36.

Earlier this week, the Treasury revealed its auction of $60 billion worth of two-year notes attracted average demand, while its auction of $61 billion worth of five-year notes attracted slightly below average demand.

Jim Nantz, CBS reach agreement on long-term contract, per reports

The biggest-name free agent in the sports media world is staying at CBS. 

Veteran announcer Jim Nantz has signed a new contract with the network that will keep him as the voice of The Masters, March Madness and the NFL for years to come, his agent, Sandy Montag, confirmed to multiple media outlets Thursday.

News of the new contract was first reported by Sports Business Journal.

Nantz, 61, has been with CBS Sports since 1985, rising to become one of the most recognizable voices in sports broadcasting – and the face of CBS's most high-profile events.

Last month, Nantz called his sixth Super Bowl – and second with current on-air partner Tony Romo – as the Tampa Bay Buccaneers defeated the Kansas City Chiefs.

He's also working as part of the top announcing team on CBS's coverage of the men's NCAA Basketball Tournament and is set to call all three games in the Final Four next month.

SPORTS ANNOUNCER RANKINGS: Joe Buck starts 2021 at No. 1; Nantz at No. 5