deal

Published on
24/03/2026 – 1:25 GMT+1

European Commission President Ursula von der Leyen on Tuesday sealed a free-trade agreement with Australian Prime Minister Anthony Albanese, slashing tariffs on most EU goods and farm exports.

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The deal marks another win for Brussels as it races to diversify trade ties and lock in strategic partners amid rising global tensions.

The pact will save the EU €1 billion a year in duties, the Commission said, with exports projected to climb as much as 33% over the next decade.

Agriculture proved a flashpoint, with EU farmers already pushing back against the Mercosur trade agreement and a legal challenge from MEPs threatening ratification.

Tariffs will eventually fall to zero on products including cheese (over three years), wine, some fruit and vegetables, chocolate and processed foods.

On the toughest issues — beef and sheep, which sank talks in 2023 — Australia agreed to quotas of 30,600 and 25,000 tonnes a year, respectively.

A safeguard mechanism will allow the EU to shield sensitive sectors if a surge in Australian imports harms the bloc’s market.

Beyond agriculture, the agreement opens access to Australia’s critical raw materials, including aluminium, lithium and manganese.

Brussels also failed to scrap Australia’s luxury car tax. Instead, 75% of EU electric vehicles will be exempt.

The deal is a geostrategic push

The Commission expects strong export gains in key sectors, including dairy (up to 48%), motor vehicles (52%) and chemicals (20%).

Brussels has prioritized the deal as it builds partnerships in the Indo-Pacific, where China’s influence has become central. A security and defence partnership with Canberra was also announced Tuesday.

“The EU and Australia may be geographically far apart but we couldn’t be closer in terms of how we see the world,” von der Leyen said, adding: “With these dynamic new partnerships on security and defence, as well as trade, we are moving even closer together.”

Since Donald Trump returned to power in 2025, trade agreements have taken on sharper geostrategic weight for the EU as it seeks new markets.

In 2025, Brussels struck deals with Mexico, Switzerland and Indonesia. The Mercosur pact was also signed earlier this year and will be provisionally applied from 1 May despite a European Parliament legal challenge.

More could follow. Talks are ongoing with the Philippines, Thailand, Malaysia, the United Arab Emirates, and countries in Eastern and Southern Africa, von der Leyen told EU ambassadors on 9 March.

March 23 (UPI) — President Donald Trump said Monday that the United States will postpone its military strikes on Iranian energy infrastructure amid talk of a resolution but Iranian state media denies such talks have taken place.

The president told CNBC’s Joe Kernen that the United States is “very intent on making a deal with Iran.” Earlier Monday he posted on social media that he will hold off on strikes on Iran’s energy infrastructure for five days because the United States and Iran have had “very good and productive conversations” about a resolution to end hostilities in the Middle East.

Trump said the positive talks with Iran took place “over the last two days” following his threat to target Iran’s energy infrastructure on Friday.

“Based on the tenor and tone of these in depth, detailed and constructive conversations, which will continue throughout the week, I have instructed the Department of War to postpone any and all military strikes against Iranian power plants and energy infrastructure for a five day period, subject to the success of the ongoing meetings and discussions,” Trump posted.

Iranian state media disputed Trump’s claim of conversations about a drawdown of fighting, citing an unnamed “senior security official.”

“There has been no negotiation and there is no negotiation and with this kind of psychological warfare, neither the Strait of Hormuz will return to its pre-war conditions nor will there be peace in the energy markets,” Iranian state media posted on Telegram, citing an unnamed source.

The unnamed source told the media outlet that Trump has backed down on his threat to target energy infrastructure. Trump had warned that he would target power plants and infrastructure if Iran did not fully open the Strait of Hormuz within 48 hours.

Transportation of oil on the Strait of Hormuz has largely halted since the United States and Israel launched strikes on Iran on Feb. 28. Iranian officials urged that they will continue to threaten vessels on the strait as long as hostilities continue, leveraging the economic impact of doing so.

The global oil market continues to respond to activity on the Strait of Hormuz and the ongoing war, with the price per barrel exceeding $100 at different points in the past week.

Published on
23/03/2026 – 15:14 GMT+1

The European Commission on Monday took final steps to provisionally apply the Mercosur trade deal from 1 May, covering Argentina, Brazil, Paraguay and Uruguay.

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The move uses a special procedure to ensure the deal takes effect despite a judicial review launched by the European Parliament after a pivotal 21 January vote suspended ratification.

“The priority now is turning this EU-Mercosur agreement into concrete outcomes, giving EU exporters the platform they need to seize new opportunities for trade, growth and jobs,” EU Trade Commissioner Maroš Šefčovič said, adding: “Provisional application will allow us to begin delivering on that promise.”

The agreement liberalises trade flows between the EU and Mercosur countries, creating a free-trade area of more than 700 million people.

The Commission signed off on the deal and secured backing from EU member states despite strong opposition from EU farmers, who fear unfair competition from Mercosur imports.

But at the European Parliament, opponents secured a majority to refer the agreement to the Court of Justice of the European Union to assess its legality.

Pressed by supporters including Germany and Spain, which are seeking faster access to new markets amid rising geoeconomic tensions, the Commission opted for provisional application.

To proceed, it had to wait for at least one Mercosur country to ratify and notify the agreement before launching provisional implementation with that country. Argentina, Brazil and Uruguay have done so, while Paraguay ratified the deal last Tuesday and “is expected to send its notification soon,” the Commission said.

On Monday, the Commission sent a “verbal note” to Paraguay, the legal guardian of Mercosur treaties, completing the final procedural step.

“Provisional application ensures the removal of tariffs on certain products as of day one, creating predictable rules for trade and investment,” the Commission said.

“It will create more resilient and reliable supply chains, crucial in particular for the predictable flow of Critical Raw Materials.”

Some of the most impressive performances at UFC London came on the undercard.

Nathaniel Wood overcame the odds yet again to beat Losene Keita, while Mason Jones overwhelmed Axel Sola in a bruising back and forth fight of the year encounter.

Jones and Sola were covered in blood and breathing heavily by the end of their contest, with both fighters swinging until the final bell, using every last drop of energy.

Jones’ performance was the type that can have a lasting effect on a fighter’s career but he and Wood roused the fans on a night when the atmosphere was sometimes flat at the O2 Arena.

Fighters on the prelims like Wood and Jones don’t get as much media attention or promotion from the UFC – and strikingly less money than their headlining peers.

But in a sport that demands so much from the flesh and mind, there are arguments the athletes should be better looked after amid a changing landscape in combat sports.

Fighter pay has been questioned by athletes and the media recently after boxer Conor Benn secured a reported £11m one-fight deal with Zuffa Boxing.

Zuffa Boxing is owned by UFC president Dana White, so critics have asked why the 56-year-old isn’t paying similar amounts to his MMA fighters under contract.

The UFC gives about 20% of revenue to fighter pay, compared with boxers who get about 60% of revenue from their events.

London’s Wood, who has won 11 of 14 fights in the UFC, says he hopes the Benn deal will spark a change because he was “heartbroken” when he saw how much he would be earning.

“When you think I’ve been in the UFC for eight years, but I’m not on that, I”m not even on 1% of that,” Wood told BBC Sport before UFC London.

“Especially when I believe MMA is the tougher sport as well, but again I just try and control what’s in my hands and it’s got nothing to do with me.

“It was definitely heartbreaking to see someone is getting paid that much.”

California Atty. Gen. Rob Bonta is asking a judge to unravel Nexstar Media Group’s $6.2-billion acquisition of rival TV station owner Tegna — the latest in a flurry of merger twists.

Nexstar announced late Thursday that it had consummated the Tegna takeover — despite a lawsuit that Bonta and seven other Democratic state attorneys general had filed in federal court the previous day.

The state officials sued to block the union of the station groups, alleging the new colossus would violate antitrust rules and a federal law limiting broadcast station ownership.

The lawsuit was filed in U.S. District Court in Sacramento.

Hours after that filing, the Federal Communications Commission’s Media Bureau in Washington approved Nexstar’s deal — clearing the way for the nation’s largest TV station group owner to swallow the third-largest station group.

The purchase gives Nexstar, which owns KTLA-TV Channel 5 in Los Angeles, 265 television stations.

On Friday, Bonta and the other attorneys general asked a judge for a temporary restraining order to freeze the takeover until a hearing on the matter.

“Nexstar/Tegna is not a done deal,” Bonta said Friday in a statement. “I will not let these corporate behemoths merge without a fight.”

It was not immediately clear when a judge might rule on the request for a restraining order.

Bonta appeared at a lawmakers’ hearing in Burbank on Friday to explore the impacts of another huge merger: Paramount Skydance’s proposed $111-billion takeover of Warner Bros. Discovery. Bonta’s office has opened an investigation into the Paramount-Warner merger, but Bonta said Friday that no decision has been made on whether he or other attorneys general will seek to block it.

For now, he is focused on derailing the Nexstar-Tegna deal.

“We filed a suit before that deal closed,” Bonta told The Times. “We think our case is extremely strong. There is no way this should be approved.”

At issue is whether the FCC had the power to grant a waiver that would allow Nexstar to control TV stations that reach nearly 80% of U.S. households. In 2003, Congress set the station ownership cap at 39% of the country.

The Department of Justice also gave its blessing to close the deal.

The three FCC commissioners did not vote on the matter — despite pleas from the lone Democrat on the panel who advocated for an open process.

Approval of the merger was rapid after President Trump endorsed the consolidation on Feb. 7.

“We need more competition against THE ENEMY, the Fake News National TV Networks,” Trump wrote in his social media post.

“Letting Good Deals get done like Nexstar – Tegna will help knock out the Fake News because there will be more competition, and at a higher and more sophisticated level,” Trump wrote. “GET THAT DEAL DONE!”

In a statement Thursday, Nexstar founder and chief executive Perry Sook thanked Trump and FCC Chairman Brendan Carr, saying Nexstar was “grateful” they recognized the “dynamic forces shaping the media landscape” and allowed the transaction to move forward.

Should Paramount Skydance prevail in its $111-billion takeover of Warner Bros. Discovery, the Larry Ellison family would control two historic Hollywood film studios, dozens of cable channels, HBO and two legendary newsrooms, CBS News and CNN.

Concerns about the potential loss of more Hollywood jobs, and questions about newsroom independence dominated a hearing Friday to address Los Angeles’ crisis of shrinking film and TV production jobs.

Paramount wants to wrap up its Warner merger by September — a rapid timetable. The takeover deal, which was struck last month after Netflix bowed out, would put HBO and CNN under the control of Larry Ellison and his son David, the chairman of Paramount, which includes CBS.

Both Ellisons maintain friendly relations with President Trump. Those bonds, along with challenges to legacy media and changes at CBS News in recent months, sparked handwringing during the hearing called by Sen. Adam Schiff (D-Burbank) and Rep. Laura Friedman (D-Glendale).

“The questions surrounding this merger go beyond jobs, contracts and consumers,” Schiff said. “They also go to editorial independence of two of America’s most significant news organizations, CNN and CBS News.”

Trump has long agitated for changes at CNN, and members of his cabinet, including War Secretary Pete Hegseth, have openly cheered for an Ellison takeover of CNN.

To pave the way for the Ellisons’ purchase of Paramount, the company paid $16 million to Trump last summer to settle his lawsuit over edits to a “60 Minutes” interview with Kamala Harris in October 2024. Most 1st Amendment experts had deemed Trump’s suit “frivolous.”

Since the Ellisons took the helm, there has been a change in direction at CBS News and a reduction in its size and scope. Staff members at CNN are bracing for similar changes, including to the tone of its newscasts.

In addition to the long-term health of Los Angeles’ film economy, the merger’s fate could determine “whether we have state sponsored media … or whether we have journalists who can truly follow the story,” Friedman said.

A Paramount spokesperson declined to comment.

The deal is currently before regulators in the U.S. and abroad.

Paramount Chairman David Ellison has vowed to “build a stronger Hollywood,” by increasing the creative output of the two legendary movie studios — Paramount and Warner Bros. — to 30 theatrical releases a year. Warner Bros., which owns such prominent franchises as “The Matrix,” Batman, Harry Potter, “The Big Bang Theory,” and “Friends,” has long been one of Hollywood’s most prolific studios.

But Paramount has suffered from years of under-investment and Ellison and his team have been working to boost the film pipeline.

Ellison has also pledged to keep both studio lots and preserve HBO.

“HBO will continue to operate independently under our ownership, enabling it to create more of the world-class content it is renowened for,” Ellison wrote in the Feb. 28 letter to Schiff and Friedman, responding to their concerns about consolidation.

During Friday’s hearing, the lawmakers turned to former CNN anchor Jim Acosta, who famously jousted with Trump during his first term, for his reflections. He was asked whether any “guardrails” could protect against potential merger harms.

“If this merger goes through, the guard-rails are gone,” Acosta said bluntly. “If we continue to go down this road it will be lights-out for the news industry… We need media options that are not controlled by the wealthiest and most powerful people in the country.”

The hearing occurred the same day that CBS News imposed another sweeping round of layoffs and disbanded its CBS News radio network. It also came the same week as Trump’s Federal Communications Commission approved a massive television station merger, which will allow Texas-based Nexstar Media Group to control more than 250 stations, despite a legal challenge from state attorneys general.

The proposed Paramount-Warner merger would prompt at least $6 billion in cost savings, according to Paramount. Industry veterans warn that billions more in cuts may be necessary to make the deal math work.

A combined Paramount-Warner would carry nearly $80 billion in debt, a legacy of the proposed leveraged buyout and the mergers that came before it.

The hearing at Burbank City Hall —“Lights, Camera, Competition”: Promoting American Film Production,” — was wide-ranging. Award-winning actor Noah Wyle, the star and a producer of Warner Bros.’ “The Pitt,” discussed the need to bring more productions back to Los Angeles where thousands of out-of-work film professionals have been suffering. “The Pitt” is filmed in Burbank.

“Over the last six years, the aggregate effect of projects leaving the state in search of tax credits, the pandemic and last year’s fires has been a near cratering of our once thriving industry,” Wyle said. “We lost 42,000 film and TV jobs between 2022 and 2024.”

The hearing unfolded down the road from the massive Warner Bros. studio complex, and was held to explore ways to boost the Hollywood economy, including the potential for a national tax credit under consideration in Congress. The campaign is intended to keep film jobs in the U.S. amid an increased migration to Britain, where Warner Bros. maintains an expansive studio complex in London, and other countries that offer generous subsidies.

“Work in the entertainment industry is precarious,” said Matthew D. Loeb, International President of the International Alliance of Theatrical Stage Employees (IATSE). “Past studio mergers have meant fewer jobs.”

After 17 months, the WNBA has agreed to terms on a new collective bargaining agreement and players will be paid more than in any other professional American women’s sports league.

It is the latest in a trend of increasing equity for women athletes.

• In 2022, the U.S. women’s soccer team won a $24-million settlement with U.S. Soccer after players disputed making significantly less than the less successful men’s team.
• Then the Professional Women’s Hockey League was born in 2023 following many players defecting from the National Women’s Hockey League to form the Professional Women’s Hockey Players Assn., then merging with the Premier Hockey Federation until a historic bargaining agreement.
• The National Women’s Soccer League announced a new CBA in the summer of 2024 that included giving players agency on where they are traded and abolishing expansion and collegiate drafts.

That momentum put considerable pressure on WNBA negotiations. Could the players set a new benchmark for future contract negotiations across women’s pro sports leagues?

The Sky’s Angel Reese and the Fever’s Caitlin Clark shake hands before a game at Gainbridge Fieldhouse on May 17.

(Gregory Shamus / Getty Images)

The WNBA’s CBA was a flashpoint because of the boom in popularity in supporting women’s sports, with players such as Caitlin Clark and Angel Reese becoming household names. Last season, the WNBA made enough revenue to trigger revenue-sharing for the first time and this season marks the start the league’s new 11-year, $2.2-billion media rights deal.

Unlike in the NBA, where players get around 50% of the league’s revenue before expenses, the WNBA’s first revenue-sharing kicked in only after the league hit a benchmark determined by a formula of revenue targets, which had been difficult to achieve since the start of the deal was the 2020 COVID season played in front of empty stands.

The WNBA broke its single-season attendance record in 2025. As league interest grew, so did the tension between the league and the players’ union.

Many viewed this negotiating cycle as an opportunity to pounce on the increased visibility, and in a lot of ways, the union did. Players are going to be paid significantly more and they got a win in revenue sharing, earning 20% of the league’s revenue before expenses — a big jump from the previous 9% share.

The average player salary before revenue-share payments will be around $584,000.

But was it as much as they should have gotten?

Tamika Tremaglio, former NBPA executive director and advisor to the WNBPA during the 2020 CBA negotiations, said observers were less concerned about the start of training camps looming on April 19 and more focused on whether negotiations would end with a stable deal that would hold for the length of the agreement as market conditions evolve. Increased salaries are always celebrated, but both sides agreeing to a new revenue sharing model was a consequential step forward for players.

“The real story is the revenue share,” Tremaglio said. “At the end of the day, that’s what is going to drive the future.”

The fallout from the new deal will take months or years to fully understand. Free agents will be able to begin signing with teams in April, and since 80% of the players are eligible for free agency, there will be higher figures being floated around than ever.

A’ja Wilson and her Las Vegas Aces teammates celebrate while holding the 2025 WNBA championship trophy.

(Chris Coduto / Getty Images)

That might affect what talent comes to the league, too.

“More European players might come into the league,” a WNBA team consultant not authorized to speak about the league publicly told The Times. “Now that the money is better, that might knock out several college players in the draft.”

There are some WNBA-level players who have stayed in Europe due to restrictive prioritization rules that force players to participate in all WNBA practices and games even if they conflicted with international league obligations. Many WNBA players compete in international leagues during the offseason and prefer the option to keep playing in lucrative foreign leagues if there is an overlap with the WNBA season.

While the new rules for international play in the WNBA CBA are not yet clear, compensation changes could open the door for more players to choose to prioritize the league.

The general consensus among people operating within the WNBA is relief that a deal is in place.

“It’s huge,” one player agent told The Times. “They made big strides. This is important for women’s basketball.

Sparks players Dearica Hamby, Rickea Jackson, Azura Stevens, Kelsey Plum and Julie Allemand talk during a game against the New York Liberty at Crypto.com Arena on Aug. 12.

(Katelyn Mulcahy / Getty Images)

“Anytime both sides don’t get everything they want,” the agent added, “that’s a good deal.”

That agent also noted that this CBA will set the precedent for the next negotiations to continue to raise the revenue-sharing if the league continues to make more money.

Under the new CBA, the 20% revenue-sharing is tied to the league’s gross revenue, a significantly different number than the net revenue, which is calculated after all expenses are taken into account. The players were fighting for a percentage of the gross revenue, even if it is a smaller percentage than the net revenue the league offered because it is guaranteed.

The NBA first reached 53% of gross revenue in their CBA in 1983 and has stayed around that number ever since.

“If it was net, you’d have all these other expenses and you sort of lose control of the actual expenses,” Tremaglio said. “You have no control from the perspective of where the players are. But now, you don’t even have to go look at the minutia of auditing every single expense line item. That’s what makes such a difference.”

More details around the CBA, including player housing, expansion draft format and roster spots, will become clearer as the deal reaches ratification.

For now, even if 20% revenue sharing is less than the 40% the players first proposed, the deal represents a significant, stable increase in player compensation.

“This will impact women’s sport globally, not just the game of basketball,” Tremaglio said. “This will impact everything, soccer, everything.”

KTLA-owner Nexstar Media Group said it has closed its deal to acquire rival Tegna’s TV stations, despite opposition from eight state attorneys general who filed a lawsuit to block the merger.

The acquisition was approved by the Federal Communications Commission’s Media Bureau and the Justice Department, Irving, Texas-based Nexstar said Thursday.

“This transaction is essential to sustaining strong local journalism in the communities we serve,” Nexstar founder and Chief Executive Perry Sook said in a statement. “By bringing these two outstanding companies together, Nexstar will be a stronger, more dynamic enterprise — better positioned to deliver exceptional journalism and local programming with enhanced assets, capabilities and talent.”

Sook also mentioned President Trump and FCC Chairman Brendan Carr by name in the statement, saying the company was “grateful” they recognized the “dynamic forces shaping the media landscape” and allowed the transaction to move forward. Trump had supported the deal.

The surprise announcement came only a day after eight state attorneys general, including California’s Rob Bonta, sued to stop the deal, arguing it would give Nexstar too much control of local TV stations. At the time, Bonta said the combination would cause “irreparable harm to local news and consumers who rely on their reporting as a critical source of information.”

Nexstar is the largest TV station owner in the U.S., with 164 outlets including KTLA in Los Angeles. If the merger with Tegna succeeds, Nexstar would have 265 TV stations reaching 80% of the U.S. and multiple outlets in a number of markets.

The suit also claimed it would give the combined company too much leverage in negotiating fees from pay-TV providers that carry their stations, which could raise costs for consumers.

The plaintiffs in the suit also include state attorneys general in Colorado, Connecticut, Illinois, New York, North Carolina, Oregon and Virginia.

FCC Commissioner Anna Gomez said the merger violates the existing national ownership cap of 39% under federal law and said the acquisition did not receive a vote before the entire commission. The FCC approved this deal with waivers, meaning the company can operate in violation of that ownership cap.

“A transaction of this magnitude, which includes new and novel issues before the FCC, demands open deliberation before the full Commission, not a quiet sign-off meant to avoid public scrutiny,” Gomez said in a statement. “Given the increasingly alarming pace of reckless media consolidation, the American public deserves to know how and why this decision was made.”

The FCC did not respond to an immediate request for comment.

Times staff writers Stephen Battaglio and Meg James contributed to this report.

A group of attorneys general are taking legal action to block Nexstar Media Group’s proposed $6.2-billion acquisition of Tegna’s TV stations, calling the deal bad for consumer cable bills and local journalism.

A lawsuit filed Wednesday in U.S. District Court in Sacramento says the proposed deal by eight state law enforcers, including California Atty. Gen. Rob Bonta, claims the proposed deal will give Nexstar too much control of local TV stations, ultimately hurting consumers by diminishing the diversity of news sources in their markets.

Bonta said in a statement that the deal will cause “irreparable harm to local news and consumers who rely on their reporting as a critical source of information.” The plaintiffs also include state attorneys general in Colorado, Connecticut, Illinois, New York, North Carolina, Oregon and Virginia.

The Irving, Texas-based Nexstar is currently the largest station owner in the U.S., with 164 outlets including KTLA in Los Angeles. If the merger with Tegna succeeds, Nexstar would have 265 TV stations reaching 80% of the U.S. and multiple outlets in a number of markets.

The suit also claims that the merger would give Nexstar too much leverage in negotiating fees from pay-TV providers that carry their stations. Higher fees paid to Nexstar would be passed along to consumers in their cable and satellite bills, the lawsuit asserts.

Most of Nexstar’s stations are affiliates of ABC, CBS, NBC and Fox, all of which carry NFL football, the highest-rated programming on TV by a wide margin. Disputes over carriage fees between station owners and pay-TV providers often result in blackouts and service interruptions to consumers.

DirecTV, which serves around 11 million pay-TV subscribers in the U.S., filed a similar lawsuit in the same court on Thursday, claiming the Nexstar deal will “irreparably drive up consumer costs, reduce local competition, shutter local newsrooms, and increase both the frequency and duration of blackouts of key local teams and network programming.”

A Nexstar representative did not respond to a request to comment.

President Trump has said he favors Nexstar’s proposed deal. But every major TV station owner believes consolidation in the TV station business is necessary to thrive going forward as they battle to compete with streaming video platforms that have eaten away at their audience share.

The companies say they are at a disadvantage in competing with tech companies by being limited to owning stations in 39% of the U.S., a cap that was set in 2003.

Nexstar recently cut veteran anchors and on-air reporters from its stations in Los Angeles, Chicago and New York. Further reductions in local TV newsrooms would occur if Nexstar succeeds in acquiring Tegna, which would likely mean consolidation of local newsrooms in which it owns more than one station.

Published on
19/03/2026 – 10:44 GMT+1

The European Parliament’s trade committee agreed Thursday to cut EU tariffs on US goods to zero, as set out under the EU–US agreement struck in July 2025 after multiple delays over tensions with the Trump administration.

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EU Lawmakers had resisted for weeks implementing the deal signed by EU Commission’s President Ursula von der Leyen and US President Donald Trump last summer, following threats over Greenland and fresh tariffs imposed by Washington on EU goods after a pivotal February ruling by the US Supreme Court ruled illegal the 2025 US tariffs.

On Thursday, the committee adopted a legislation by 29 votes in favour, paving the way to eliminate EU duties on most US industrial goods as agreed in the Turnberry deal.

The lopsided agreement, clinched after weeks of trade tensions triggered by the White House’s nationalist trade agenda, imposes 15% US tariffs on EU goods while the bloc agreed to scrap its own duties and ramp up investment in the US.

Negotiation with capitals

Thursday’s vote opens the door to full approval by the European Parliament. However, adoption may slip to April or May as EU lawmakers still need to negotiate implementing legislation with EU member states.

Amendments introduced by MEPs could complicate talks with capitals, including a “sunset” clause that would reinstate EU tariffs after 18 months if the agreement is not renewed, and a so-called “sunrise clause” making tariff cuts conditional on Washington meeting its commitments.

Lawmakers unfroze the deal on Tuesday following US pressure and calls from the European Commission to move ahead.

They had sought clarity after the White House imposed fresh duties following the ruling of US top judges. New investigations into EU goods launched last week by Washington also raised concerns among MEPs, who called for predictability for European businesses.

US officials, meanwhile, have grown increasingly impatient after repeatedly assuring EU counterparts they would stick to the deal, which also spares sectors such as EU aerospace, if the bloc does the same.

“EU tariffs on US goods haven’t changed,” U.S. ambassador to the EU Andrew Puzder said on X on Tuesday, adding: “We understand that the EU must follow its process. But we’re hopeful that, after 6 and a half months, the time has come – and we’ve respectfully requested that – the EU finalize the deal so we can mutually unlock the potential for positive collaboration – for the betterment of our economies and our joint security.”

Seattle Storm forward Nneka Ogwumike (3), president of the WNBA players’ union, said for the first time, player salaries will be tied to a meaningful share of league revenue.

(Lindsey Wasson / Associated Press)

The league and players association have not made the terms public yet, but the salary cap will start at $7 million, up from $1.5 million in 2025, and the supermax will start at $1.4 million, up from $249,244 in 2025, a person with knowledge of negotiations not authorized to discuss them publicly told The Times. ESPN was the first to report the figures.

The total salary cap will jump by around 4.64 times the previous amount. The super maximum salary will be elevated by 5.61 times the previous amount. It means the top players will be eligible for larger raises than the league’s middle class.

The average salary will be $600,000, a bump from the previous average of $120,000, and the minimum salary will be more than $300,000, up from $66,079.

“For the first time, player salaries are tied to a truly meaningful share of league revenue, driving exponential growth in the salary cap, increasing average compensation beyond half a million dollars and raising the standard across facilities, staffing and support,” union president Nneka Ogwumike told reporters.

The main sticking point during negotiations was revenue sharing, and that number will be around 20% for the entirety of the multi-year deal. The league had previously offered 15.5%, a source told The Times, and players went down from their 40% ask to around 26% at the end of February, and then reached the agreement around 20% on Wednesday morning. The Athletic first reported the shift in revenue sharing figures.

Players had been negotiating for a percentage of overall revenue without factoring in expenses while the WNBA was seeking sharing tied to net revenue, mirroring the NBA’s structure that deducts expenses before sharing 50% of profits. The players secured a gross revenue deal, which gives them a cut of WNBA revenue without factoring in expenses, a person with knowledge of the deal not authorized to discuss it publicly told The Times.

“This deal is going to be transformational, and you’ll see all the details hopefully soon,” WNBPA vice president Breanna Stewart told reporters on Wednesday. “But it’s gonna build and help create a system where everybody is getting exactly what they deserve and more from on the court and off the court aspects.”

The Dodgers agreed to a deal granting Uniqlo naming rights to the field at Dodger Stadium, according to the Athletic — marking the first time in the 64-year history of the stadium that a corporate sponsorship has been attached to it.

Dodger Stadium’s name remains unchanged. The organization made it a priority to keep the name of the ballpark, which has been in place since its opening in 1962.

“[The stadium’s name] will never be for sale,” Dodgers president Stan Kasten told The Times in 2017.

Though not officially announced by the Dodgers, the name likely will be Uniqlo Field at Dodger Stadium.

With more than 1,000 stores worldwide, the Japanese-based clothing brand will hold exclusive marketing and promotional opportunities as the Dodgers’ main sponsor. The new deal will also include a new sign in center field.

Since signing Japanese two-way star Shohei Ohtani, the team has partnered with several different Japanese companies, earning $70 million in sponsorship revenue in 2024 alone, according to Forbes.

Bob Lynch, chief executive of research firm SponsorUnited, estimated that teams hosting the Dodgers generated roughly $15 million in cumulative revenue from the brands that have attached themselves to the team.

“ … A slew of brands essentially following him around across the country that are paying dollars either directly to the team or to Van Wagner, who’s selling the backstop signage,” Lynch told Forbes in 2025.

In 2022, the Dodgers partnered with global sports marketing agency Sportfive to secure premier sponsorships. Two years later, the organization announced a self-sponsorship with its ownership group, Guggenheim Baseball Management, which placed a patch on the team’s jerseys.

Japanese football legend says his opinion prompts a US company to cancel an advertising campaign before the FIFA World Cup.

Former Japanese footballer Keisuke Honda says he has lost an advertising deal in the United States after voicing support for the Iranian national team’s participation in the upcoming FIFA World Cup.

Without naming the sponsor, Honda revealed on Saturday that an advertisement from a US-based company had been “put on hold” after he posted on X that he wants Iran to compete in the tournament cohosted by the US, Mexico and Canada.

“I know it’s a very sensitive thing, but I personally want them to participate in the World Cup,” the 39-year-old wrote in a tweet on Thursday, a day after Iran’s sports minister said the country cannot take part in the World Cup after the US and Israel launched a war on it and killed its supreme leader.

Honda, who represented Japan from 2008 to 2018 and scored 38 international goals for his country, posted a follow-up tweet in which he indicated that the advertisement, which had been expected to be finalised in time for the World Cup, had been shelved due to his earlier post.

“Apparently, this statement caused a US company to cancel an advertisement that was about to be finalised to coincide with the World Cup,” he wrote.

“We don’t want anything to do with companies that ignore the essence of things and make decisions based on rotten thinking.”

Iran’s place at the 48-team tournament is in doubt even after they qualified because of the US-Israeli attacks that began on February 28, following which Tehran responded by launching waves of missiles and drones at Israel, several military bases in the Middle East where US forces operate and infrastructure in the region.

The 23rd edition of the FIFA World Cup will be held in the three host nations from June 11 to July 19, and all of Iran’s group games have been scheduled at venues on the US West Coast.

The former Samurai Blue represented his country at the 2010, 2014 and 2018 World Cups and is among the top 10 most capped players and top five goal scorers for the Asian giants.

Honda was named the most valuable player in Japan’s title-winning run at the Asian Cup in 2011. After representing 11 clubs across five continents, the attacking midfielder hung up his boots in 2024 and switched to coaching.

The golden-haired player enjoys a hero-like status in his home country and is one of Japan’s most recognised international footballers.

He expressed his opinion on Team Melli’s participation amid heightened tensions between the host nation US and Iran.

US President Donald Trump said on Thursday that it would not be appropriate for Iran to participate in the World Cup.

“The Iran National Soccer Team is welcome to The World Cup, but I really don’t believe it is appropriate that they be there, for their own life and safety,” Trump wrote in a social media post without elaborating.

The Instagram account for the Iranian national team quickly responded to Trump’s remarks, questioning whether the US president should be commenting on team participation.

“The World Cup is a historic and international event, and its governing body is FIFA – not any individual country,” it wrote.

The account also criticised Trump for failing to provide adequate security for Iran’s national football players.

“Certainly, no one can exclude Iran’s national team from the World Cup,” the message continued. “The only country that could be excluded is one that merely carries the title of ‘host’ yet lacks the ability to provide security for the teams participating in this global event.”

Trump later posted another message on his social media platform to emphasise that the event would be safe for players and spectators from around the world.

March 13 (Asia Today) — A senior opposition leader said Friday that allegations of pressure to drop criminal charges linked to aides of President Lee Jae-myung could amount to grounds for impeachment if proven true.

Song Eon-seok, floor leader of the conservative People Power Party, made the remarks during a party strategy meeting at the National Assembly.

Song cited claims made by journalist Jang In-soo during a YouTube broadcast hosted by political commentator Kim Eo-jun.

According to Song, the journalist alleged that a senior government official close to the president conveyed messages to several prosecutors asking them to drop charges in a case related to Lee.

“If such allegations are true, it would constitute grounds for impeachment of the president,” Song said.

Song also accused Justice Minister Jeong Seong-ho of acknowledging remarks that could be interpreted as pressure on prosecutors.

He argued that any attempt by a sitting minister to influence decisions about dropping charges would represent an abuse of authority and could justify impeachment proceedings against the minister.

The People Power Party is considering introducing an impeachment motion against Jeong as early as next week, according to party officials.

Opposition lawmakers also criticized recent judicial reform legislation passed by the National Assembly under the ruling party’s leadership.

Kim Eun-hye, a senior policy deputy floor leader of the People Power Party, said the justice minister should serve as a guardian of the rule of law rather than “a shield for a single individual.”

She argued that the allegations involving pressure on prosecutors and the judicial reform bills could undermine the independence of the judiciary.

Meanwhile, the ruling Democratic Party filed a defamation complaint Thursday against journalist Jang In-soo over the allegations raised during the YouTube broadcast.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260313010004004

California Atty. Gen. Rob Bonta called out the federal government for largely vacating its role as antitrust regulator, saying it’s now up to California and other states to look out for consumers’ interests.

Bonta, the state’s top law enforcement officer, spoke Thursday at a Capitol Forum conference in Beverly Hills on antitrust issues and the future of Hollywood. His appearance came just days after the U.S. Department of Justice settled its case against Live Nation and Ticketmaster a week into a high-stakes trial, leaving state attorneys general to try to continue to fight that battle on their own.

The Justice Department’s about-face revealed a major fracture in antitrust enforcement. State attorneys general — particularly in Democratic-controlled states — say their role is becoming increasingly important to challenge alleged anti-competitive behavior.

President Trump has “abdicated the federal administration’s responsibilities to hold big corporations accountable to the law and protect a competitive marketplace,” Bonta said.

Bonta’s appearance comes as another major Hollywood merger appears to be sailing through its federal review with Trump’s tacit approval: Paramount Skydance’s proposed $110-billion deal for Warner Bros. Discovery.

The merger, announced late last month, has rattled Hollywood unions and some antitrust experts. It would combine legendary film studios, robust television production units and two prominent news organizations, CBS News and CNN, as well as dozens of cable channels.

“Paramount and Warner Bros. haven’t cleared regulatory scrutiny,” Bonta said. “My office has an open investigation into [the deal] and we intend to be vigorous in our review.”

California could bring its own lawsuit to block Paramount’s takeover, or join with other state attorney generals to launch legal proceedings to try thwart the deal or extract concessions — even if the Justice Department ultimately clears David Ellison’s deal.

Bonta outlined various concerns, including a continued contraction of Hollywood’s labor market, the consolidation of streaming services — Paramount+, HBO Max, Pluto and Discovery+ — and potentially higher prices and lower wages.

“There’s no industry as iconically California as the entertainment industry,” Bonta said. “It’s baked into California’s DNA.”

California Attorney General Rob Bonta vowed to drill into Paramount Skydance’s proposed takeover of Warner Bros. Discovery.

(Paul Kuroda/For The Times)

Paramount filed for Justice Department approval in December .

The maneuver started the regulatory review clock. And last month a key deadline for the Justice Department to raise concerns about Paramount’s proposed acquisition of Warner passed without comment from Washington.

Paramount has said it could finalize its deal by the end of September.

The architect of Paramount’s strategy, Chief Legal Officer Makan Delrahim, delivered his own keynote address, stressing the Ellison-family’s acquisition of Warner Bros. would not reduce competition and instead would be “a huge win for the creative community.”

“Paramount’s transaction with Warners is an opportunity to expand output, to grow the number of movies, shows and other content we are offering to the consumer,” Delrahim said, adding that will result in “more job opportunities,” including in Southern California, which is reeling from a production flight to other states and countries.

Delrahim conceded that Paramount was driven to buy Warner Bros. — it prevailed after Netflix bowed out — because Paramount is not big enough to compete in an industry dominated by technology giants.

He criticized the proposed Netflix deal, saying he doubted it would have passed regulatory muster due to Netflix’s strength in the streaming market.

Paramount still needs to win the support of Warner shareholders, and also gain regulatory approvals from the Justice Department, state attorney generals and overseas governments.

“This deal is a big win for Los Angeles, for California and for all communities that embrace filmmaking,” Delrahim said.

Tech mogul Larry Ellison has personally guaranteed the $45.7-billion in equity needed for the transaction . The company would have to take on more than $60-billion in debt — raising concerns among Hollywood workers about large-scale cost-cuts and layoffs.

“What is Paramount doing is …paying $110 billion to take out a rival,” said attorney Ethan E. Litwin, a former lawyer for TV networks, who also spoke at the conference. “When you take out a major rival in a highly concentrated industry … you are taking out competitors for projects. “

Bonta declined to say whether he would try to stop the Paramount-Warner merger.

Progressive State Leaders Committee, an affiliate of the Democratic Attorneys General Association, in December hired Rohit Chopra, a former director of the Consumer Financial Protection Bureau and former commissioner on the Federal Trade Commission, as a senior advisor. He will help coordinate efforts as the group, including Bonta, wages antirust enforcement battles.

“The federal government is just not enforcing the law,” Chopra said during Thursday’s conference. “Our states are really the last line of defense.”

WASHINGTON — Cuba’s top diplomat in Washington says Havana is prepared to enter diplomatic talks with the United States, reiterating the country’s willingness to engage even as tensions escalate with President Trump asserting that the island nation’s government could soon collapse.

“We are ready to engage with the U.S. on the issues that are important for the bilateral relation, and to talk about those in which we have differences,” Ambassador Lianys Torres Rivera, who leads Cuba’s mission in Washington, told The Times on Wednesday.

Any dialogue would need to respect Cuba’s sovereignty and its “right to self-determination,” the ambassador said.

“We are sure that it is possible to find a solution,” she said.

Her comments in a wide-ranging interview come at a particularly volatile moment for Cuba, which is under mounting economic pressure after the Trump administration imposed an oil blockade that has choked off the island’s energy supplies.

The measures have deepened a humanitarian crisis and prompted Cuban President Miguel Díaz-Canel to call for an “urgent” overhaul to the country’s economic model.

The situation in Cuba worsened after U.S. forces removed Venezuelan President Nicolás Maduro in January, allowing Washington to later cut off oil shipments from Venezuela to its longtime ally. The Trump administration later pressured other suppliers, including Mexico, to reduce deliveries.

“We are doing our best, and we are being very creative, but it has a serious impact,” Torres Rivera said of the blockade. “It is a collective punishment against the Cuban people.”

The White House this week framed Cuba’s worsening economic and humanitarian conditions as a potential opening to pressure Havana into negotiations.

“The country is obviously in a very weak place, economically speaking, the people are crying out for help, and the president believes and knows the Cuban regime wants a deal,” White House Press Secretary Karoline Leavitt said during a news briefing Tuesday.

Rep. Mario Diaz-Balart (R-Florida) told the Miami Herald on Wednesday that the Trump administration had been having secret, high-level conversations with several people in former President Raul Castro’s inner circle, a similar approach that was taken in Venezuela before Maduro’s capture. (The operation to seize Maduro killed 32 Cuban officers stationed in the country.)

Cuban President Miguel Díaz -Canel, fourth from right, holds up a Cuban flag during a rally in Havana on Jan. 16, 2026, to protest the killing of Cuban officers during the U.S. operation that captured Venezuelan President Nicolás Maduro.

(Ramon Espinosa / Associated Press)

Another report by the USA Today this week said the Trump administration was close to announcing an economic deal with Cuba that would ease travel restrictions, among other things. A representative with the Cuban government declined to comment on the report.

The White House has not specified what a deal may look like. But Trump has said the United States is interested in a “friendly takeover” and has suggested that the move would allow Cubans to visit the island, a place that many Cuban exiles have worried about returning to while the current regime is in place.

“It is just a question of time before a lot of unbelievable people are going back to Cuba,” Trump said at an event last week.

Several news outlets have reported that the Justice Department is examining possible federal charges against officials within Cuba’s government, a move that could prompt a change in the island’s government.

Torres Rivera said she is aware of the reports but said the “judicial accusations” are an “instrument of political coercion without any legitimacy.”

“It is not something we are losing sleep over,” she said.

As for the potential negotiations, Torres Rivera did not provide specifics but talked about restoring diplomatic ties somewhat to how they existed during the Obama administration.

“We are neighbors,” she said. “We have common challenges, common threats, and we can speak about all that, and we can speak on the basis of respect for each other’s sovereignty and each other’s right of self-determination. We are ready for that.”

President Trump has approached diplomacy with Cuba with a harsher tone.

“As we achieve a historic transformation in Venezuela, we’re also looking forward to the great change that will soon be coming to Cuba,” Trump said Saturday, one week after U.S. and Israeli forces attacked Iran and killed Supreme Leader Ayatollah Ali Khamenei.

He added: “Cuba’s at the end of the line. They’re very much at the end of the line. They have no money. They have no oil. They have a bad philosophy. They have a bad regime that has been bad for a very long time.”

Trump said that he has put Secretary of State Marco Rubio in charge of leading the talks with Cuba and that he believes a “deal would be made very easily with Cuba.”

Torres Rivera did not offer an opinion on Rubio being tapped to lead the negotiations. Rubio is the son of Cuban immigrants who came to Florida three years before Castro’s brother, revolutionary Fidel Castro, rose to power in 1959. She reiterated that Cuba is “ready to engage” in talks regardless of who is leading them.

“We are not talking about persons, we are talking about the government and we are ready to engage with the U.S. to talk about the very important issues that we have in bilateral relations,” she said.

NEW YORK — The WNBA and its players’ union met again Wednesday, hours after a marathon negotiating session over a new collective bargaining agreement.

The two sides ended a 12-hour negotiation at 5 a.m. EDT without reaching a deal. They started talking again Wednesday afternoon and discussions were ongoing at sundown.

Union executive director Terri Carmichael Jackson said Wednesday morning that there were “a lot of conversations going in the right direction.”

WNBA commissioner Cathy Engelbert came out of the hotel where negotiations took place to talk to reporters briefly.

“It’s complex, but we’re working towards a win-win deal like we’ve been saying, transformational deal for these players. That balances all the things we’ve been trying to balance with continued investment by our owners,” she said. “So, we’re working hard towards that and still have work to do.”

Executive committee members Nneka Ogwumike, Breanna Stewart, Alysha Clark and Brianna Turner once again were at the hotel with Jackson and the union staff. The league was represented by Engelbert, head of league operations Bethany Donaphin and New York Liberty owner Clara Wu Tsai. Connecticut Sun president Jen Rizzotti joined the negotiating team on Wednesday.

Neither side left the hotel during the marathon bargaining session. A day later, both sides were outside during breaks enjoying an unseasonably warm mid-March day in Manhattan.

The sides have been exchanging proposals during the bargaining sessions over the last two days, a person familiar with the negotiations told the Associated Press. The person spoke on condition of anonymity because of the sensitivity of the discussions.

Revenue sharing and housing are key sticking points between the sides, as well as assigning a franchise tag to a player and benefits for retired players.

The league had said that at least a handshake agreement on a labor deal would need to be done by Tuesday to start the season as scheduled.

“We’ve got to get this deal done. We’ve got to get it done soon,” said Engelbert, who didn’t take questions from reporters.

When a deal is reached in principle, the league has said it would need a few weeks to finish off the CBA. After that work is done, the expansion draft for new franchises in Portland and Toronto would be held sometime between April 1-6, according to a timetable obtained by the AP.

Free agent qualifying offers, including franchise player tags, would be sent out April 7-8. Teams would then have three days to negotiate with the more than 80% of players who are free agents. The signing period would take place from April 12-18.

Training camps would open the next day and the season would be able to start on May 8.

But for any of that to happen, the two sides have to figure out a revenue sharing model. The union’s proposal from a week ago had asked for an average of 26% of the gross revenue — revenue before expenses — over the course of the CBA. That would include only 25% in the first year. The league has said that number was unrealistic.

The WNBA’s last few proposals have offered more than 70% of net revenue, with that number going up as the league continues to grow.

HENDERSON, Nev. — The Las Vegas Raiders said Baltimore has backed out of the trade that was supposed to send star pass rusher Maxx Crosby to the Ravens for two first-round draft picks.

The deal was agreed to last Friday but couldn’t be finalized until the start of the league year on Wednesday. The Raiders announced Tuesday that Baltimore backed out of the deal. The team said it had no further comment.

The trade was called off after Crosby didn’t pass his physical, according to multiple reports.

Crosby underwent surgery in January to repair a torn meniscus in his left knee and would have needed to pass a physical for the deal to be finalized. He missed the final two games of the season because the injury despite wanting to play through it at the time.

Crosby said on a recent appearance on “The Herd with Colin Cowherd” that he was “ahead of schedule” in his rehab.

The addition of Crosby was supposed to be the piece to help lift the Ravens over the top, with the draft picks expected to be part of a rebuilding effort for the Raiders.

The 28-year-old Crosby had 10 sacks and a career-high 28 tackles for loss last season, and has reached double- digit sacks four times in his seven seasons.

Baltimore, which has a first-year coach in Jesse Minter, is in a win-now mode with three-time All-Pro quarterback Lamar Jackson. Crosby would have been a significant boost for a defense that finished tied for 28th in the league in sacks with only 30 last season.

The Raiders own the No. 1 pick in the draft and are widely expected to select Indiana quarterback Fernando Mendoza. Las Vegas has been extremely aggressive at the start of free agency, agreeing to deals with several new players and agreeing to trade quarterback Geno Smith to the New York Jets, according to several people familiar with the moves who spoke on condition of anonymity because the deals can’t be finalized until Wednesday.

The biggest move the Raiders made was agreeing to a deal with three-time Pro Bowl center Tyler Linderbaum. He gets a three-year, $81 million contract with $60 million guaranteed to leave Baltimore and join Las Vegas.

The Chargers aren’t hesitating when it comes to bolstering their run-blocking options for new offensive coordinator Mike McDaniel, reportedly agreeing to terms Monday with former Baltimore Ravens tight end Charlie Kolar.

Kolar and the Chargers agreed to a three-year, $24.3-million deal that includes $17 million in guarantees, NFL Media reported.

Widely considered the best run-blocking tight end available ahead of free agency, Kolar should help an uneven Chargers running attack that forced coach Jim Harbaugh to often rely too much on quarterback Justin Herbert — even when his running backs were healthy.

Kolar can also help complement tight end Oronde Gadsden II in the passing game when necessary, but he should mostly serve as a replacement for Will Dissly, who was released by the team last week. It’s also no coincidence that Kolar played for Harbaugh’s brother, John, in Baltimore and was drafted in 2022 when Chargers general manager Joe Hortiz was the director of player personnel for the Ravens.

Kolar, 27, had 10 catches for 142 yards and two touchdowns last season. In four seasons with the Ravens, he had 30 catches for 409 yards and four touchdowns.

Like most Chargers offseasons, it’s clear Hortiz is prioritizing ways to add to the Chargers’ offense while also bolstering its protection options. On Sunday, the team agreed to terms with Alec Ingold, reuniting the former Miami Dolphins fullback with McDaniel.

The Rams’ remodeled secondary will have a heavy Kansas City Chiefs influence.

A week after trading for cornerback Trent McDuffie, the Rams on Monday agreed to terms with cornerback Jaylen Watson, a person with knowledge of the situation said. The person requested anonymity because deals cannot become official until Wednesday.

Watson’s deal with the Rams is for three years and includes $34 million in guarantees, NFL Media reported.

Watson and McDuffie, who on Sunday agreed to terms on an extension that reportedly includes $100 million in guarantees, won two Super Bowls with the Chiefs.

Watson, 27, has three career interceptions, including two last season. Watson, 6-feet, 2-inches and 197 pounds, played at Ventura College for two seasons before transferring to Washington State. The Chiefs selected him in the seventh round of the 2022 draft.

The Rams have made several moves involving the secondary. In January, safety Quentin Lake received a three-year extension that includes $25 million in guarantees. They traded the 29th pick in this year’s draft and other picks this year and next for McDuffie, and also agreed to terms with safety Kam Curl on a three-year extension that includes about $24 million in guarantees.

Cornerbacks Cobie Durant, Roger McCreary, Ahkello Witherspoon and Derion Kendrick are pending free agents.

The Rams have until May to determine whether to exercise a fifth-year option on cornerback Emmanuel Forbes Jr., a 2023 first-round pick by the Washington Commanders who the Rams claimed off waivers in 2024.

The Rams believe cornerback Trent McDuffie can help them win another Super Bowl title.

And they are willing to pay the price.

On Sunday, less than a week after agreeing to a trade with the Kansas City Chiefs for McDuffie, the Rams and McDuffie agreed to terms on a contract extension that will make him the NFL’s highest-paid player at his position, a person with knowledge of the situation said. The person requested anonymity because the trade and extension will not become official until Wednesday when the NFL’s new league year begins.

But McDuffie’s four-year deal is worth $124 million, with $100 million guaranteed, according to ESPN, making McDuffie the highest-paid cornerback in NFL history.

The Rams are no strangers to making record-setting deals. Quarterback Jared Goff, running back Todd Gurley, defensive lineman Aaron Donald and cornerback Jalen Ramsey all made history with deals they signed as Rams.

McDuffie, 25, is entering the final year of his rookie contract after being selected by the Chiefs in the first round of the 2022 draft. The former Anaheim Servite and Bellflower St. John Bosco high star was an 2023 All-Pro who helped the Chiefs win two Super Bowls.

The Rams are sending a first-round pick — the 29th overall — and fifth- and sixth-round picks in this year’s draft and a 2027 seventh-round pick to the Chiefs in exchange for McDuffie.

The Rams have made multiple moves to retain and add players to a secondary that will be key next season and beyond for an organization that has gone all in to play in Super Bowl LXI at SoFi Stadium next February.

The Rams gave safety Quentin Lake an extension in January, traded for McDuffie and agreed to terms with safety Kam Curl on an extension.

On Saturday, the Rams put cornerback Darious Williams on the reserve/retired list.

Cornerbacks Cobie Durant, Roger McCreary, Ahkello Witherspoon and Derion Kendrick are pending free agents.

The negotiating period for representatives of unrestricted free agents to speak with other teams begins Monday.