CBS and NBC join Fox in landing Big Ten media rights that will pay the soon-to-be-expanded college sports conference more than $1 billion annually, two sources familiar with the deals told Axios.
Why it matters: The Big Ten, which is adding UCLA and USC starting with the 2024 school year, becomes the first conference to eclipse the $1 billion mark for its annual media rights pay.
Tesla CEO Elon Musk joked Tuesday that he plans to buy the English soccer club Manchester United, confusing fans and pushing the team's stock higher.
Why it matters: Musk said his tweet was a nod to a long-running gag about him buying major companies. But not everyone was in on the joke, especially after he agreed to buy Twitter and then attempted to withdraw from the agreement.
