Why it matters: The threatened reversal is another example of how, when it comes to U.S.-Cuba policy, the desire for punishment and revenge often prevails over practical and humanitarian considerations. In the eyes of Rubio, Claver-Carone and others, any deal struck with Cuba only serves to legitimize its regime.
All the major sports leagues are counting on data to usher them into the future, revolutionizing everything from how teams prepare for games to how fans engage with content and, increasingly, place bets.
Why it matters: This analytics boom has produced some thorny questions, writes Bloomberg's Eben Novy-Williams. For example, "should a player's privacy factor in? Should the data be used in contract negotiations? And who should share the spoils if broadcasters and sports gambling companies pay for the information?"
Major League Baseball is the only major U.S. professional sport without a salary cap. But with free agency moving at a glacial pace for the second straight offseason, there is growing concern among players that the league's "luxury tax" has morphed into one.
Be smart: Each season, clubs that exceed a predetermined threshold ($197 million last year, $206 million this year) must pay a "luxury tax" on each dollar spent above that threshold.
The Department of Justice announced the reversal of a 2011 opinion on the Wire Act on Monday, making the law applicable to all forms of gambling that cross state boundaries.
Why it matters: Online gaming and gambling has re-entered the mainstream since the Supreme Court's 2018 decision legalizing sports betting in the United States. The opinion could affect states such as Nevada, New Jersey, Pennsylvania and Delaware where online gambling is legal.
