deal

Zee will broadcast the 2026 and 2030 World Cups and the 2027 Women’s World Cup among 39 FIFA tournaments until 2034.

FIFA has struck a deal with India’s Zee Entertainment to broadcast the World Cup in the country, ending a months-long ⁠⁠standoff over the tournament’s availability in one of the last major markets where rights remained unsold.

While the financial terms of the package – signed on Monday – were not disclosed, FIFA reportedly sought about $100m for the 2026 and 2030 tournaments before ‌‌slashing its asking price to $60m.

The deal gives Zee a toehold in India’s sports broadcast market, where the Reliance-Disney joint venture JioStar holds rights ranging from the Indian Premier League (IPL) cricket tournament to the English Premier League football.

It covers 39 FIFA events over eight years through 2034, including ‌‌the ‌‌Women’s World Cup in 2027, according to a joint statement from FIFA and Zee.

Shares ⁠⁠of Zee were about 7 percent higher on the day ⁠⁠after the announcement.

The agreement came just 10 days before the tournament kicks off on June 11 across the United States, Canada and Mexico.

Last month, experts told Al Jazeera that the kickoff times for the majority of the matches are the biggest concern for Indian broadcasters since many games will be played at odd hours for the Indian audience, with a 10-12 hour time difference between the host cities and the South Asian nation.

Only 14 out of the total 104 World Cup games will begin before midnight for fans in India.

The final will be held in New Jersey on July 19, beginning at 19:00 GMT, which will be 12:30am on July 20 in India. By comparison, 98.4 percent of matches at the 2018 World Cup started before midnight, and 82.5 percent at the following edition in Qatar.

Karan Taurani, executive vice president at investment firm Elara Capital, sees TV as a “struggling” medium in India.

“When you have these kinds of sporting events, effectively it is mostly digital that is monetising and raising big money,” Taurani told Al Jazeera. “That is a big reason why no one’s showing interest in the FIFA World Cup.”

Taurani explained that cricket leads the sports economy market in India.

“Only a small fraction of people who watch the Indian Premier League will watch the FIFA World Cup,” he said, adding that an even smaller fraction tune in past midnight to watch a match.

Viacom18 paid ⁠⁠about $60m for rights to the 2022 ⁠⁠World Cup, which was hosted in Qatar in time zones far more favourable for Indian audiences. Most of this year’s matches will be screened late at night in India due to the ‌‌time difference, something that dampened broadcaster appetite and complicated FIFA’s sales efforts.

IAEA Director General Rafael Grossi says the 2015 Iran nuclear deal is no longer a workable model. Iran’s nuclear technology and capabilities have advanced significantly, and any future agreement must reflect today’s realities, including the impact of the recent conflict.

As if anyone needed a reminder, the Rams know how to go all-in.

On Monday, the already Super Bowl-ready Rams pulled off another massive deal, acquiring defensive end Myles Garrett — the league’s defensive player of the year — in a trade with the Cleveland Browns for edge rusher Jared Verse, a 2027 first-round draft pick, a 2028 second-round pick and a 2029 third-rounder.

Garrett, 30, is a nine-year veteran, five-time All-Pro and two-time defensive player of the year. Last season, he amassed a league-high 23 sacks, increasing his career total to 125.5.

Garrett is scheduled to earn $31.5 million this season, according to Overthecap.com.

Verse, 25, was the 19th player chosen in the 2024 draft. He was the NFL defensive rookie of the year and last season had 7½ sacks for a Rams team that advanced to the NFC championship before losing to the eventual Super Bowl-champion Seattle Seahawks.

Verse is scheduled to carry a salary-cap number of $4.1 million this season, according to Overthecap, but is presumably in line for a massive contract extension.

Rams linebacker Jared Verse (8) celebrates after a defensive stand against the Colts in September.

(Robert Gauthier / Los Angeles Times)

The Garrett trade is the second major offseason deal for the Rams. In March, they traded for All-Pro cornerback Trent McDuffie, and then signed him to an extension that makes him the highest paid player at his position in NFL history.

The Rams are a favorite to play in Super Bowl LXI, which will be played at SoFi Stadium.

The move bolsters an already formidable Rams pass rushing unit that has played a integral part in the Rams being among the favorites to win the Super Bowl at SoFi Stadium in February. During the 2021 season, the Rams traded for pass rusher Von Miller en route to winning the Super Bowl at home.

This is a developing story. The Times will have more soon on the Rams acquiring Garrett.

South Korea has confirmed plans to develop a new class of nuclear-powered submarines under the Jang Bogo N Project. These will put South Korea in an exclusive class of nations operating nuclear-powered subs, with currently only China, France, India, Russia, the United Kingdom, and the United States having them in active service. The move has larger implications than providing the Republic of Korea Navy (ROKN) with just more capable submarines.

South Korea’s Ministry of National Defense (MND) today published a document, the Basic Plan for the Development of Nuclear-Powered Submarines in the Republic of Korea, that sets out its ambition for a major advance in the country’s naval capabilities. The name of the program alludes to South Korea’s first submarine, the Jang Bogo class.

The MND has presented the thinking behind its nuclear-powered sub plans, noting that the vessels will offer “dramatically enhanced operational capabilities” compared to the ROKN’s existing diesel submarines. As well as their functionally unlimited range, the MND says the new nuclear-powered submarines will offer “higher mobility” than their predecessors, which pairs with nuclear submarines’ abilities to travel farther, and do so faster, as well as their underwater agility, at least in certain performance envelope areas.

The ministry also outlines that the new submarines “will play a core role in responding to threats such as North Korea’s submarine-launched nuclear and missile threats.”

“The Republic of Korea will transparently and firmly fulfill its nuclear non-proliferation obligations based on the trust of the international community,” the MND adds.

Clearly, this is a long-term program, with it being Seoul’s first venture into nuclear propulsion for a military application, although it does develop reactors for civilian purposes, which could be leveraged for such work.

The defense ministry expects that the construction process will take up to 10 years, after which the boats will be operated for more than 30 years.

A precise timeline has not been released, and it is also unclear how many hulls are expected to be built.

Back in October last year, TWZ reported on a key milestone toward the program launch, when U.S. President Donald Trump announced that he’d signed off on the plan.

“Our Military Alliance is stronger than ever before and, based on that, I have given them approval to build a Nuclear Powered Submarine, rather than the old fashioned, and far less nimble diesel powered submarines that they have now,” Trump wrote in a post on Truth Social.

The U.S. leader also claimed that at least some of the boats would be built in the United States. The MND hasn’t mentioned this possibility, and the wording of its announcement stresses the sovereign nature of the program and local industrial participation. However, with South Korean firms already building ships in Philadelphia and the United States needing more nuclear shipbuilding capacity, this dynamic could also come into play as a result of the Jang Bogo N Project.

Collapse of U.S. shipbuilding poses national and economic security risks | 60 Minutes

Before Trump’s remarks, South Korea had been open about its nuclear-powered submarine ambitions for years. In fact, related discussions date back to at least around 2003.

However, the plans long faced pushback, including from the United States, especially over nuclear proliferation concerns.

The ROKN already operates a sizable diesel-electric submarine force made up of 12 Jang Bogo class boats, nine Sohn Won-yil class submarines, and three Dosan Ahn Changho class vessels — these are also referred to under the Korean Submarine (KSS) nomenclature, being the KSS-I, KSS-II, and KSS-III, respectively.

The Jang Bogo and Sohn Won-yil classes are based on the German Type 209 and Type 214 designs, respectively, while the Dosan Ahn Changho class is a fully South Korean design.

Last year, South Korea also launched the first of three planned Jang Yeongsil class (KSS-III Batch II) submarines, the nation’s largest and most technologically advanced submarine class so far. You can read more about them here.

Whatever Seoul’s plan is for the production of the new boats, it is still possible, indeed likely, that the United States will provide assistance at least in relation to their propulsion systems.

Last year, South Korea’s defense minister said that South Korea would build its own submarines and modular reactors, but would receive a supply of enriched uranium fuel from the United States. Seoul’s Defense Acquisition Program Administration (DAPA), meanwhile, said that the country was already working on developing small nuclear reactors.

This fuel issue is interesting, bearing in mind that one of the hurdles for the program is a bilateral agreement that prevents it from enriching uranium and reprocessing spent fuel without Washington’s approval. Today’s announcement would suggest that the U.S. government has given the program the green light.

When it comes to the nuclear issue, it’s worth noting that, as it now stands, all nations operating nuclear-powered submarines also field nuclear weapons. Already, however, Australia is moving to acquire nuclear-powered submarines through the trilateral Australia-United Kingdom-United States (AUKUS) defense cooperation agreement. Canberra has no plans for fielding nuclear weapons.

For South Korea, however, there remains a possibility that it may seek to develop a nuclear deterrent, something South Korean officials have talked about in the past, and that we have discussed on many occasions. The primary driver for this is the fact that neighboring North Korea possesses a ballooning nuclear arsenal and a growing number of delivery systems to convey it. Furthermore, it may now be pursuing its own nuclear-powered submarines with assistance from Russia. The degree to which Moscow is providing assistance is unclear, but it may well be propelling the program forward significantly. There is also the factor that, at least in some cases, the United States is not seen globally as the strategic partner it once was. In a South Korean context, Trump has reportedly talked about pulling some U.S. troops out of South Korea.

As a signatory of the Non-Proliferation Treaty (NPT), this would also stand in the way of South Korea acquiring nuclear weapons. Indeed, separate from weapons, the process of building enrichment or other nuclear facilities, or otherwise acquiring the highly enriched fissile material to power the submarines, would be an issue for the NPT.

The Jang Bogo N Project is certainly ambitious, and not just in terms of constructing the boats and securing the fuel required for them.

There will also be enormous investments required to develop suitable infrastructure to sustain a fleet of nuclear-powered subs, as well as training personnel in the operational and maintenance of naval reactors.

Beyond that, there is the question about the degree to which Seoul even needs nuclear-powered submarines. South Korea is already developing conventionally-armed submarine-launched ballistic missiles (SLBM) that can be fired from some of its more modern diesel submarines. These would already offer a conventional second-strike capability to help deter North Korea. The ranges involved in striking North Korean targets hardly need a launch platform with nuclear propulsion.

At the same time, South Korean diesel-electric submarine technology already outstrips North Korea’s limited anti-submarine warfare capabilities.

South Korea Test Launches Ballistic Missile From Submarine

On the other hand, while South Korea’s new diesel-electric subs offer a conventional quasi-second strike capability, it is not anywhere comparable to a true strategic nuclear second-strike deterrent of the kind that highly survivable nuclear-powered boats could provide, if South Korea one day chooses to go nuclear. Even with just conventional ballistic missiles aboard, the ability of a nuclear submarine to disappear out to sea for long periods is unmatched, which would enhance the survivability of the boats and their missiles, and help the credibility of a far more limited conventional second strike deterrent.

Beyond the North Korean threat, the nuclear-powered submarine program promises boats with extreme endurance and a higher level of underwater performance that can range much farther afield, reflecting Seoul’s growing focus on a broader regional security picture. With this in mind, it’s clear that the Jang Bogo N Project is also directed against the threat posed by China. Beijing’s military capabilities are a growing concern for South Korea, a fact reflected in Seoul looking increasingly toward security challenges beyond the peninsula. 

In an underwater warfare context, China maintains a very large submarine force that includes diesel-electric and nuclear-powered types, and which it continues to expand in both size and capability.

The Chinese government has also previously spoken out against South Korea’s nuclear-powered submarine plans, calling for Seoul and the U.S. “to fulfill their nuclear non-proliferation obligations and do things to promote regional peace and stability, and not the other way around,” according to Reuters.

South Korea’s burgeoning submarine plans underscore how quickly its naval ambitions in general are evolving from coastal defense to a far more capable regional deterrent force, and one that will increasingly be able to undertake long-duration bluewater operations.

With the Jang Bogo N Project now underway, the ROKN can look forward to fielding its most advanced vessels yet. Depending on final plans for the production of these boats, it may well also cement its position as one of the few countries capable of designing and building nuclear-powered vessels. At the very least, it should put yet another piece in place should South Korea decide it needs a true second-strike strategic nuclear deterrent.

Contact the author: thomas@thewarzone.com

Paramount Chief Executive David Ellison has been circling the globe, meeting government regulators who will ultimately decide the fate of his controversial $111-billion takeover of Warner Bros. Discovery.

Last week, Ellison spent two hours answering questions from U.S. Justice Department antitrust lawyers in a bid to secure a key government approval — one that few people believe is in doubt because of President Trump’s strong support of tech billionaire Larry Ellison and his son’s ambitions to amass more power.

Throughout his travels, David Ellison has been accompanied by a savvy wingman: Makan Delrahim.

Delrahim, Paramount’s chief legal officer, served as the nation’s top antitrust regulator in the Justice Department during Trump’s first term. The 56-year-old Iranian American, who grew up in Los Angeles, is the architect of shrewd moves that have brought Paramount within reach of its blockbuster merger that would redefine Hollywood.

Politics have permeated the process — even before Trump announced he would get involved. Opponents have been suspicious of the Ellisons, given the family’s ties to Trump and programming changes to redefine Paramount’s CBS, including last month’s departure of late-night comedian Stephen Colbert and a shakeup at “60 Minutes,” CBS’ newsmagazine.

Buying Warner Bros. Discovery would give the Ellisons control of both CBS News and CNN.

Paramount’s bid for Warner Bros. has sparked dread in Hollywood for another reason, too: Thousands of jobs already have vanished through a string of media mergers.

More than 5,000 artists and entertainment industry workers have signed an open letter, calling on California Atty. General Rob Bonta to try to block the deal on antitrust grounds.

In an interview with The Times, Delrahim responded to concerns and criticisms. This interview has been edited for length and clarity:

Where does the regulatory process stand?

We are still going through the regulatory approval process. We actually started planning for the regulatory approval filings last summer. We knew we were going to be pursuing this transaction but it took a few months longer to sign the transaction than we thought. There were some interveners [Netflix, Comcast], but we planned ahead.

Do you have a commitment from Trump or his administration that you’ll get a thumbs up?

There are no deals with the president. We have a deal with the Warner Bros. shareholders. We’ve submitted [applications] to the governments of Europe, Canada, U.K. and the U.S., and that’s where it is.

You got a head-start because you filed a regulatory approval in December — months before Paramount had a deal with Warner. Why so soon?

We were always very skeptical [the Netflix deal] would ever go through. The only way to really show the [Warner] board that our deal would get through — because it doesn’t have antitrust problems — was to move as fast as we could.

One of the benefits being a former [DOJ] enforcer and having a team of outside lawyers who are also former colleagues and enforcers was that we anticipated what the government would ask for. Those were questions that we would have asked, and so we provided those answers.

Your timeline is aggressive. Some suggest Paramount wants this deal done before the mid-term elections.

I don’t think it’s aggressive. It has nothing to do with the midterms. The midterms do not change the officials at the Justice Department or the FCC — we have that minor application there. The midterms have no effect on the European Commission or anybody else. We’ve been very transparent and proactive with members of Congress and with the state attorneys general and the federal authorities.

Are you preparing to defend a potential antitrust challenge from Atty. General Bonta?

Well, no matter what field you’re in, whether it’s antitrust or whether you’re preparing for a football game, you always prepare the best you can for the worst, and you hope it never gets there. So, we’re preparing for challenges from anybody and everybody. But I don’t think any serious antitrust enforcer who looks at the facts, the law, the economics of this transaction will see an antitrust violation.

Why are you so confident?

There’s no element of this merger that is anti-competitive. Once you look at it, it’s incredibly pro-competitive. It increases output, it increases jobs, and it lowers the cost to the consumers. If you actually try to block this deal, you’re going to harm consumers, you’re going to harm creative talent, because you’re going to harm the creative ecosystem — the vision that David [Ellison] is trying to deploy here. It’s transformative from the efficiencies that it creates.

David Ellison has promised to release 30 films a year. Was that commitment to show that this merger will not be a repeat of Walt Disney Co.’s 2019 purchase of Fox?

I’m quite familiar with that one because I was at the Justice Department and reviewed it. Disney-Fox was a transaction with a different thesis. Disney wanted to get into streaming and they wanted to get scripted series. It wasn’t about studios trying to increase output.

Our transaction, as David has described, is motivated to create more content to feed the theaters, then streaming. We have a natural economic incentive to create more content. We’ll still be in fourth place after this transaction on the streaming side — almost half the size of Netflix.

David Ellison hasn’t made any commitments on the television side or pledged pledge to keep the various TV studios intact. Why?

I don’t think there’s much of an overlap on the television studios. Look, you have incredible studios in HBO, Warner Bros. Television, certainly our own studio. We’re not paying money to limit supply. It’s the exact opposite.

There is overlap between CBS News and CNN. How are regulators looking at that issue?

We’re very proud of CBS News and hopefully CNN, post-transaction. There is very limited overlap. Why? Because CBS News only airs a few hours a week of programming whereas CNN is 24/7, and it has international reach.

Antitrust regulators are going to see that it’s going to create synergistic effects. You might be able to cross-program and more people will be exposed to the incredible programming of CBS News. They’ll benefit from each other’s independent strengths.

During the first Trump administration, you said merger conditions were problematic because it’s difficult for the government to enforce behavioral remedies. Has your thinking changed?

No, I’ve been quite consistent. If there’s an antitrust problem, you need a divestiture [selling assets]. I don’t think there’s a remedy needed in this transaction. But having said that, we’re happy to engage with regulators to discuss where they see a problem and a possible solution. We’re always wanting to engage in constructive dialogue.

Would Paramount spin off CNN?

I don’t see that. I can’t see any antitrust reason to do so. That would be a weaponization of the antitrust law, and that would not be appropriate.

Many people in Hollywood view the merger with trepidation because of the prospect of more job losses. Others see it through a political lens. How do you evaluate the politics?

Politics is part of life. It’s part of the beautiful process of democracy. Generally, we are very empathetic to the folks in Hollywood, but this transaction will actually create more and better and exciting jobs. David is an absolute lover of films; he’s a filmmaker himself. For the first time, you are getting an owner who comes from the creative side.

Let’s be honest. There’s a lot of fear-mongering, particularly from people in Washington, D.C. They are running a political campaign. Some of these people are trying to inflict harm on this transaction really because of their own antisemitic views. Regulators and law enforcement officials will see right through that.

Do regulators share others’ concerns about the merger debt — $79 billion — for the combined company?

Some regulators appropriately have asked about it. They say: ‘This is what we have heard, that you guys are not going to be around because of this debt,’ which is just silliness. David and his family are owner-operators. They’re not rented CEOs. They have over 50% ownership. They put their money at stake and my money is on them.

US officials indicate Tehran may take days to respond to Trump’s tougher terms on a potential agreement to end the nearly three-month war.

President Donald Trump sought to change several terms of a proposal to end the US-Israel war on Iran, according to media reports in the United States, as a finalised deal remains elusive.

The New York Times reported on Saturday that Trump’s changes involved toughening the deal terms, and the US has sent the new framework back to be considered by Iran, according to officials familiar with the proceedings.

The report said it was not immediately clear what the changes entailed. However, Axios reported Trump wanted to reinforce multiple points of the deal that he felt were important, such as what to do with Iran’s nuclear material.

A senior US official told Axios that Trump was informed it could take three days for Iran to respond.

“They’re literally in caves, and they’re not using email,” the official told Axios.

“There will be a deal. The imminence of it, we’ll see. We’re willing to wait so the president gets what he asks for. It could be a week. It could be less. It could be more. At the turn of the week, we hope to have something,” the official added.

The new tweaks could prolong negotiations between the parties for days before a decision is reached on whether the deal would end the war, which began after the US and Israel attacked Iran on February 28.

US sources told the AFP news agency that the proposal had been waiting on Trump’s sign-off, but he made no decision after a White House Situation Room meeting on Friday.

Trump has said his priorities for any deal included Iran agreeing to never develop nuclear weapons and the reopening of the blockaded Strait of Hormuz, through which roughly 20 percent of the world’s oil supply transits.

On Saturday, the Iranian military’s Khatam al-Anbiya Central Headquarters reasserted the country’s control over the strait, warning that foreign commercial and military vessels would be targeted if they did not comply with regulations governing passage through the strategic waterway.

Tehran has also said repeatedly that it does not intend to build nuclear weapons. In March 2025, Tulsi Gabbard, the former US director of national intelligence, testified to Congress that Washington “continues to assess that Iran is not building a nuclear weapon”.

Lebanese prime minister describes Israel’s attacks as collective punishment as US warns Iran of strikes if no deal is reached.

Iran has reasserted its control over the Strait of Hormuz, warning that foreign commercial and military vessels will be targeted, if they do not comply with regulations governing passage through the strategic waterway.

The announcement on Saturday came after the United States signalled that President Donald Trump was close to a decision on a potential deal with Iran, but Tehran denied an agreement had been reached.

“The management of the Strait of Hormuz is exercised with full authority by the Armed Forces of the Islamic Republic of Iran,” the operational headquarters of Iran’s armed forces, Khatam al-Anbiya Central Headquarters, said in a statement reported by Iranian media on Saturday.

“All ships, commercial vessels, and tankers are only required to travel through the designated routes and obtain permission from the Islamic Revolutionary Guard Corps [IRGC] Navy. Any violation of these regulations will seriously jeopardise the security of their traffic,” it added.

Iran also issued a warning to foreign military forces operating in the area, saying any attempt to interfere with maritime management or shipping movements would trigger a response.

On Friday, Trump met with advisers in the White House Situation Room and said a “final determination” on a possible deal with Iran would soon be made. But no statement followed the meeting.

US sources had told the AFP news agency the deal was waiting on Trump’s sign-off, but he made no decision after Friday’s meeting.

Iran’s Foreign Ministry spokesperson, Esmaeil Baghaei, said on Friday that while messages continue to be exchanged “no final agreement has been reached” on a deal with the US.

US ‘more than capable’ of restarting war

While attending a defence summit in Singapore on Saturday, Pentagon chief Pete Hegseth said that Washington was “more than capable” of restarting the war if a satisfactory deal is not reached.

US Central Command (CENTCOM) posted on social media that American forces “remain present and vigilant across the region”.

The efforts to reach a deal were thrown into question this week by US strikes on the Iranian port of Bandar Abbas, countered by retaliatory Iranian fire.

Iran’s IRNA state news agency said air defences shot down a drone “belonging to the US-Zionist aggressor enemy” on Saturday, citing a statement from the army.

Trump said his priorities in any deal include Iran agreeing to never develop nuclear weapons, and the reopening of the blockaded Strait of Hormuz.

“President Trump will only make a deal that is good for America and satisfies his red lines,” a White House official told AFP, adding: “Iran can never possess a nuclear weapon.”

Trump ‘betraying diplomacy’

Also on Saturday, Mohsen Rezaei, an adviser ⁠to Iran’s Supreme ⁠Leader, Mojtaba Khamenei, said in a social media post that Trump was “betraying diplomacy for ⁠the third time” by ⁠continuing the US naval blockade in the strait, and making what he described ‌as “excessive demands ‌in ‌negotiations”.

In a social media post on Friday, Trump said Tehran would remove mines from the strait and end its closure of the waterway with “no tolls”, while the US would lift its blockade.

Both countries would coordinate on removing and destroying Iran’s enriched uranium, he said, adding that “no money will be exchanged, until further notice”.

Iran’s Fars news agency, however, cited sources as saying Tehran was demanding “the immediate release of $12bn” in frozen assets before moving to the next phase of negotiations.

On the toll-free reopening of Hormuz, the sources said “no such clause appears in the text of the agreement”, while Trump’s comment on destroying Iran’s nuclear material “is fundamentally baseless”.

Iran’s ISNA news agency cited legislator Alireza Salimi as saying a plan “to implement Iran’s management and sovereignty over the Strait of Hormuz will soon be approved by parliament”.

Iran’s Tasnim news agency said the US blockade remains in place, and its ships “are receiving warnings from CENTCOM to stop and not cross the blockade line”.

A Delaware Court of Chancery judge delivered a blow to wrestling impresario Vince McMahon and other World Wrestling Entertainment officials earlier this week.

Judge J. Travis Laster, vice chancellor of the Delaware Court of Chancery, issued sanctions for “spoliation of evidence” in the shareholder lawsuit over the 2023 merger between Ultimate Fighting Championship and WWE.

Laster ruled on Tuesday that WWE executives destroyed evidence by using the auto-delete setting on the messaging app Signal, enabling potentially relevant communications to be deleted.

The ruling means the court will operate under the assumption that five potentially damaging statements are true while allowing the defendants to rebut them.

The statements, according to the ruling, include that McMahon’s decision on the merger was “influenced” by Endeavor Executive Chairman Ari Emanuel’s “promise” to provide him with a continued role at the company and to indemnify him and provide legal support as federal investigators were looking into claims of alleged sexual misconduct.

McMahon pursued a deal with Endeavor in 2022 before WWE initiated its strategic review process, and both McMahon and then-WWE President Nick Khan worked with The Raine Group, a strategic financial advisor, “to steer the process to Endeavor and away from other potential bidders,” the ruling states.

In September 2023, entertainment giant Endeavor, the parent company of UFC, acquired WWE and merged the two sports entities to form a new, publicly traded company, TKO Group Holdings, in a deal worth $21.4 billion.

A month later, a group of shareholders filed suit against McMahon and other company officials in Delaware Chancery Court, claiming McMahon orchestrated a “sham sale process.”

Representatives for McMahon, WWE and TKO were not immediately available for comment.

According to the suit, McMahon, WWE’s controlling shareholder, turned down higher offers and excluded other bidders who would have ousted him and instead chose a deal that favored Endeavor’s Emanuel, a “close friend and longtime ally,” enabling McMahon to continue running WWE and shielding him from federal investigations related to a raft of sexual misconduct claims.

The complaint also alleges that the $21.4-billion deal undervalued the company and was “far below the offers” WWE’s board could have received from other interested parties had they “made any effort to negotiate in good faith.”

The litigation is related to the 2022 investigation by WWE’s board that found that McMahon made at least $14.6 million in payments between 2006 and 2022 for “alleged misconduct.” McMahon has denied claims of misconduct.

The settlements were made to women, including WWE employees, who alleged that McMahon initiated unwanted sexual contact and coerced women into performing sexual acts on him. In one case, first reported by the Wall Street Journal, a woman claimed that McMahon sent her unsolicited nude photos of himself.

McMahon’s alleged misconduct became the subject of ongoing investigations by the Securities and Exchange Commission and the U.S. Department of Justice.

“I am confident that the government’s investigation will be resolved without any findings of wrongdoing,” McMahon said in a statement to The Times in 2023.

Last January, the SEC announced it had settled charges against McMahon alleging he had violated federal securities laws by failing to disclose a pair of settlement agreements to WWE worth $10.5 million.

McMahon agreed to pay more than $1.7 million in a civil penalty and in reimbursement to WWE, without admitting or denying the agency’s findings. Federal prosecutors also have dropped their criminal investigation.

In January 2024, McMahon resigned as executive chairman of the board of TKO Group, one day after a former WWE employee, Janel Grant, sued the company, McMahon and former head of talent relations John Laurinaitis, alleging sexual assault, trafficking and emotional abuse.

Grant claimed that McMahon agreed to pay her $3 million in exchange for her silence.

The shareholder trial is set to begin on June 8. McMahon, Emanuel, Khan, TKO President Mark Shapiro, and WWE Chief Content Officer Paul “Triple H” Levesque are expected to testify.

The US and Iran have agreed in principle to a deal that would reopen the Strait of Hormuz, in exchange for Tehran’s commitment to dispose of its highly enriched uranium, a US official said, according to a report by The New York Times on Sunday.

The official said that the agreement has not yet been signed and remains subject to final approval by US President Donald Trump and Iran’s Supreme Leader Mojtaba Khamenei, a process that could take several days, noting that the method for disposing of Iran’s highly enriched uranium is still being negotiated.

The proposed deal does not address Iran’s missile stockpile nor include a moratorium on uranium enrichment, the official said, adding that these issues are expected to be handled in future rounds of talks.

According to a Fox News report on Sunday, the official suggested that the US could consider “significant accommodations” on sanctions relief if Iran agrees to make similar concessions regarding its enriched uranium stockpile.

READ: Iran ready to reassure world it is not pursuing nuclear weapons, president says

“Our plan is to deal with all of their stockpile of the enriched material,” the official said, adding that Washington sees Tehran making “serious accommodations” not previously seen in earlier negotiations, according to the report.

The official also rejected the idea of any “tolling” mechanism for the Strait of Hormuz, saying such an arrangement would not be acceptable and had not been proposed by either side, the report noted.

According to a separate CBS News report, the official said the administration views the emerging agreement as stronger than the 2015 nuclear deal reached under former US President Barack Obama, which allowed uranium enrichment up to certain levels.

As part of the agreement, the US would lift its blockade on vessels entering and leaving Iranian ports. The official said the US Central Command and Gulf partners would coordinate to ensure safe passage, stressing this should not be viewed as a toll system.

The official also said US Vice President JD Vance, Middle East Envoy Steve Witkoff, and Trump’s son-in-law Jared Kushner have been involved in the talks, adding that Washington is seeking to include all regional allies in the process, the report added.

READ: Trump says Iran talks ‘constructive’ but blockade will remain until final deal is reached

The U.S. Space Force has awarded SpaceX a $4.16B deal to help accelerate work on what could be a game-changing space-based air moving-target indicator (AMTI) sensor network. The service says it now hopes to have an “early capability” in orbit by 2028, years ahead of the timelines officials have put forward in the past.

Plans for an AMTI satellite constellation were directly tied to an attempt in the past year to axe purchases of E-7 Wedgetail airborne early warning and control aircraft, something the Pentagon has now fully abandoned after Congress intervened. Though the Air Force is moving ahead again with the E-7, which will succeed its aging E-3 Sentry Airborne Warning and Control System (AWACS) jets, the end goal remains to eventually push most, if not all, AMTI tasks into space.

“The long-standing method of military airborne platforms to track moving targets faces continued challenges as adversaries develop increasingly sophisticated anti-access/area-denial (A2/AD) systems,” the Space Force said in its press release about the new deal with SpaceX today. “To compliment [sic; complement] traditional airborne sensing, the requirement for a layered, highly resilient tracking architecture is evident. SB-AMTI aims to enhance the Space Force’s capabilities to the Joint Force through the establishment of a persistent, global capability to sense and track airborne targets from space.”

The Space Force has described the $4.16 billion deal with SpaceX for the Space-Based Airborne Moving Target Indicator (SB-AMTI) program as a “competitive Other Transaction Authority (OTA) agreement,” rather than a traditional contract. The agreement came via the office of the Portfolio Acquisition Executive for Space-Based Sensing & Targeting (PAE SBST).

“This initial award is projected to field a constellation of satellites by 2028, providing the Joint Force with an early capability to eliminate operational blind spots,” according to the Space Force release.

In the past, U.S. officials have generally talked about space-based AMTI becoming a reality sometime in the 2030s. Work is underway to push ground moving-target indicator (GMTI) tasks into orbit, as well.

Some degree of on-orbit prototype AMTI sensor testing has already been ongoing for at least a year, if not much longer, but this work has been heavily classified. In addition to the U.S. Air Force and Space Force, both of which fall under the Department of the Air Force, the National Reconnaissance Office (NRO). The NRO, the activities of which are shrouded in heavy secrecy, is a U.S. military organization that serves as America’s main remote sensing intelligence arm.

“The capabilities that are happening in space are far exceeding our expectations,” then-Air Force Maj. Gen. Christopher Niemi said at a hearing earlier this year as part of a response to a question about plans for the E-7. He declined to offer more details publicly. Niemi, who has since been promoted to lieutenant general, is currently Deputy Chief of Staff of the Air Force for Force Modernization, and the service’s Chief Modernization Officer

SpaceX has already reportedly been deeply involved in this work, too, as you can read about more in this past TWZ feature. This underscores the company’s ever-growing dominance globally in all aspects of the space industry, which we will come back to later on.

As mentioned, a functional, persistent, and distributed AMTI (and GMTI) sensor network in orbit has the potential to be game-changing. As TWZ wrote back in 2024, talking primarily about the future of space-based GMTI capabilities:

“A larger, distributed constellation would have the ability to monitor huge swathes of the Earth simultaneously, and depending on the size of the constellation, at least far more persistently to seamlessly. This could make it difficult, if not impossible, for an opponent to hide activities of interest. A very low revisit rate, or even eliminating revisit rate altogether, could even open up the possibility of continuous ‘streaming’ coverage of a location from low Earth orbit. This would also be essential for persistent GMTI coverage that tracks ground movements in real time that will actually be high enough in fidelity to guide weapons onto those tracks. It’s possible that aerial tracking could also be a function, as well, even to a more limited degree. The E-3 Sentry Airborne Warning and Control System (AWACS) will also be replaced at least partially by space-based capabilities, along with the E-7 Wedgetail.”

“There is also a fair chance that this is another type of system, perhaps to execute broad area optical/infrared imaging with some exotic capabilities to provide tracking. We just don’t know.”

“Regardless, yes, we are talking about the possibility of panoptic or near panoptic targeting and surveillance from space.”

“Greater collaborative capabilities, especially ones enabled by the use of machine learning and artificial intelligence (AI) technologies, could help to find targets of interest and anomalies far faster than ever before. This could also open a door to more autonomous collection, tasking/retasking, and other capabilities, as well. Areas of interest that need seamless coverage could have extra satellites retasked to the necessary orbit in order to do so automatically, without the need for human deconfliction and even direct operator direction.”

It is not hard to imagine how the satellite constellation being described here would fundamentally change the U.S. military’s ability to not just spot and track targets globally, but also close the kill chains to engage them, even at very long ranges. This has massive implications for future net-centric warfare where all sorts of tangential capabilities will increasingly be networked together. It might impact how tactical aircraft are equipped in the future, including the need for their own radars. There could at least be a reduced need for them to use their own radars to guide missiles, even when no supporting sensor network within the Earth’s atmosphere has relevant data to provide.

Unlike having to rely on a single plane in a single surveillance place, a space-based sensor network made up of a very large number of individual satellites would also be highly resilient to attacks, as well as other attrition just due to technical breakdowns or other factors.

All this being said, U.S. officials have been open about potential challenges when it comes to making space-based AMTI capabilities a reality, even just compared to establishing GMTI networks in orbit.

“So GMTI [ground moving-target indicator capability] and AMTI [air moving-target indicator capability] sound like they’re really close, just because one little letter that is all you changed, [but it] turns out they’re pretty different,” Chief of Space Operations Gen. Chance Saltzman, U.S. Space Force’s top officer, said during a press briefing on the sidelines of a conference in December 2025, according to Breaking Defense. “What it takes to accomplish AMTI is different than what it takes to accomplish GMTI.”

“Things on the ground move slower than things on [sic] the air, so [they] require different levels of fidelity tracks,” he added.

“The [AMTI] data the Intelligence Community and warfighter need presents a multi-phenomenology challenge that requires automated orchestration of the NRO’s collectors, low-latency data transport, and rapid data fusion by the NRO’s unmatched space communications and ground architecture capabilities,” a spokesperson for NRO also told Breaking Defense earlier this year.

It’s worth noting here that satellites with sensors are only one component of the total equation. Robust, resilient, and secure communications networks will be vital to getting the data collected where it needs to go. This is a separate area where SpaceX is already playing an increasingly central role with its Starlink and Starshield networks, as you can read more about here. Laser-based communications relays are set to be another key supporting capability.

Watch SpaceX deploy Starlink satellites into space

In its announcement today, the Space Force did explicitly stress that SpaceX will not be the only company supporting the SB-AMTI effort going forward, and that it has established a larger “vendor pool.”

“By utilizing this multi-vendor framework, we are capitalizing on established industry capacity and continuously evaluating and onboarding the best tech to field this essential capability at speed and scale,” Space Force Col. Ryan Frazier, the acting PAE SBST, said in a statement. “We will not leverage any one single provider; instead, we are partnering with a highly diversified pool of traditional and non-traditional vendors, each bringing various capabilities to support the SB-AMTI architecture, ensuring the Joint Force has access to a strong, competitive industrial base well into the future.”

At the same time, as TWZ has noted in the past, SpaceX’s dominance in the market gives the company a clear advantage for securing further deals. This extends to the additional demands to put all this architecture in space. At least currently, no other company has the same capacity to provide the U.S. military with the kind of reliable access to space at the required cadence, and within budget constraints. SB-AMTI is already a major budget priority, with the Space Force asking for more than $7 billion in additional funds to procure additional elements of the system in its 2027 Fiscal Year budget request.

These are all factors that are also notably set to play into how the Golden Dome missile defense initiative evolves. There has already been talk about Golden Dome leveraging existing work, including programs under the umbrella of PAE SBST, to help accelerate the fielding of at least an initial layer of capability.

It should also be reiterated that the Air Force is now moving ahead again with the E-7 program, and traditional aerial AMTI capabilities look set to remain an important element of U.S. military operations for the foreseeable future.

That being said, the new $4.16 billion agreement with SpaceX makes clear that the Space Force is pressing ahead with its plans for a space-based AMTI sensor network with hopes that at least an early operational capability could be in place within the next two years.

Contact the author: joe@twz.com

Trump weighs next steps on Iran deal as Tehran insists negotiations are continuing and no final agreement exists.

Prospects for a US-Iran agreement to end the conflict remained uncertain on Friday, with President Donald Trump saying he would make a “final determination” on a deal, while Iranian officials stressed that no understanding had yet been reached.

Iran’s chief negotiator, Mohammad Bagher Ghalibaf, said Tehran would judge any agreement by actions rather than words, adding that no steps would be taken unless Washington acted first.

Meanwhile, fighting continued elsewhere in the region. Israeli Prime Minister Benjamin Netanyahu said Israeli forces had advanced beyond Lebanon’s Litani River, as Israeli attacks across Lebanon on Friday left dozens more civilians reportedly killed or wounded.

Here is what we know:

In Iran

• Iran says talks continue, but no deal yet: Iranian Foreign Ministry spokesperson Esmaeil Baghaei said exchanges with the United States are continuing but stressed that no final agreement has been reached. He rejected Trump’s demands-based approach and described the US naval blockade as illegal, adding that Tehran would judge any easing of restrictions by actions rather than words.
  

War diplomacy

• CENTCOM highlights ongoing regional patrols: US Central Command (CENTCOM) said its forces remain “present and vigilant” across the region, sharing an image of an F-16 fighter jet conducting a patrol over the Middle East.
• US pushes allies to boost defence spending: Speaking at the Shangri-La Dialogue in Singapore, US Defense Secretary Pete Hegseth said Trump plans a $1.5 trillion investment in defence and described it as part of a historic expansion of America’s military-industrial base. Hegseth urged allies to spend at least 3.5 percent of gross domestic product (GDP) on defence, warning that countries that fail to do so could face changes in their relationship with Washington. He also reiterated that the US remains committed to preventing Iran from obtaining a nuclear weapon.
• Washington praises Israel-Lebanon security talks: The US Department of Defense described military-to-military talks between Israeli and Lebanese delegations in Washington as “productive”, saying they focused on regional security and stability. The Pentagon also reaffirmed support for Lebanon’s sovereignty and territorial integrity.

In the US

• Uncertainty remains after White House talks: Reporting from the White House, Al Jazeera’s Alan Fisher said there was still no clarity after Trump’s Situation Room meeting on whether a final agreement with Iran had been reached. Fisher said any easing of restrictions around the Strait of Hormuz could signal progress, but officials are still waiting for concrete details from the White House.

In Israel

• Air raid sirens sound in northern Israel: The Israeli military said it intercepted several projectiles launched from Lebanon, while another landed near Kiryat Shmona in northern Israel. The military reported no casualties and did not specify whether the projectiles were rockets or drones.

In Lebanon

• Netanyahu says Israeli troops have crossed the Litani River: Israel’s Netanyahu said Israeli forces have advanced north of the Litani River near Nabatieh, signalling an expansion of operations in southern Lebanon. The move comes amid ongoing Israel-Lebanon talks and could be followed by further strikes on Beirut and the western Bekaa Valley.

Mourinho was seen speaking with Vinicius after he walked off the pitch following the interaction with Prestianni.

But it was Mourinho’s post-match comments that were the most shocking.

While publicly backing his player Prestianni, Mourinho suggested Vinicius had incited tensions through his celebration in front of the home support.

“You score a goal from another world, why celebrate like that?” Mourinho said.

“The same thing always happens in so many stadiums. In how many states has this happened? In how many stadiums? How many? How many?

“He’s an out of this world player, I love him. Vinicius tells me one thing and Prestianni tells me another. I want to be balanced.”

The remarks sparked widespread criticism, with many accusing Mourinho of shifting attention away from the racism allegations and placing responsibility on the victim instead.

In addition to expressing his belief that Vinicius had been disrespectful with his goal celebration, he pointed to the club’s legendary striker Eusebio as proof that Benfica are not a racist club.

Asked if he felt Vinicius incited the crowd, Mourinho said: “Yes. I believe so.

“It should be the crazy moment of the game, an amazing goal. Unfortunately [he was] not just happy to score that astonishing goal. When you score a goal like that, you celebrate in a respectful way.”

He added: “When he was arguing about racism, I told him the biggest person in the history of this club [Eusebio] was black.

“This club, the last thing that it is, is racist. They [Vinicius and Prestianni] told me different things. But I don’t believe in one or another. I want to be an independent.”

Iranian Foreign Ministry Spokesman Esmail Baghaei told state media that a proposed agreement with the US “has not been finalised,” pushing back on US President Donald Trump’s claim that his administration was making a “final determination” on a potential deal with Iran.

US President Donald Trump posted online that he’s heading into the Situation Room at the White House to make a “final determination” on potentially finalising a peace deal with Iran. Al Jazeera’s Patty Culhane reports from the White House.

US President Donald Trump said Sunday that negotiations with Iran are “orderly and constructive” and vowed the blockade will remain in place until a final agreement is reached, Anadolu reports.

“The Blockade will remain in full force and effect until an agreement is reached, certified, and signed. Both sides must take their time and get it right. There can be no mistakes!,” Trump said in a post on his social media platform Truth Social.

He also said US-Iran relations are becoming “much more professional and productive,” while warning that Tehran must not develop or acquire a nuclear weapon.

Trump further thanked Middle Eastern countries for their “support and cooperation,” saying engagement would be strengthened through broader participation in the Abraham Accords, and suggested Iran could one day join the framework.

He criticized the 2015 Iran nuclear deal, calling it “one of the worst agreements ever made,” and again blamed former President Barack Obama’s administration for what he described as a flawed agreement that opened a path toward nuclear weapons development.

Trump said the current negotiations with Iran are “far better” and part of a more effective approach, insisting the ongoing process will prevent Tehran from obtaining nuclear arms.

OPINION: Escape or Escalate: Trump’s Tactical Crossroads in the Iran Conflict

US Vice President JD Vance says Washington and Tehran have made “a lot of progress” towards a ceasefire extension agreement, including talks on reopening the Strait of Hormuz. However, he says disagreements remain over Tehran’s enriched uranium stockpile.

Deep mistrust remains between Washington and Tehran as Iran’s top negotiator urges action, not words.

United States President Donald Trump says he is meeting in the Situation Room to make a “final determination” on a possible deal with Iran that could extend the ceasefire and reopen the Strait of Hormuz.

However, deep mistrust remains between the two sides. Iran’s top negotiator, Mohammad Bagher Ghalibaf, said earlier on Friday that Tehran would judge any agreement by actions rather than promises as talks continue.

In his latest post on the Truth Social platform, Trump on Friday set out numerous conditions for Tehran to accept, including: never having a nuclear weapon or bomb, the Strait of Hormuz being open in both directions and without tolls, the removal of any remaining mines left in the Strait, and the US unearthing and destroying Iran’s enriched uranium that is buried.

“Ships caught in the Strait due to our amazing and unprecedented Naval Blockade, which will now be lifted, may start the process of ‘heading home!’” Trump wrote.

“No money will be exchanged until further notice. Other items, of far less importance, have been agreed to. I will be meeting now, in the Situation Room, to make a final determination,” he added.

Reporting from the White House, Al Jazeera’s Patty Culhane said that in the past, the Trump administration has indicated that a deal has been reached, only to find out it has not.

“If this was in fact a deal, it would be the entire wishlist of what the US was demanding and none of the concessions that Iranian were asking for,” she explained.

Uncertainty about the details of a memorandum of understanding (MOU) has grown over the past week amid ongoing distrust between the two sides as they seek to end the three-month-long war.

On Thursday, White House sources told Al Jazeera that the US and Iran had reached a tentative agreement to extend the ceasefire by 60 days to allow for formal negotiations, but Trump has yet to sign off.

Moreover, earlier on Friday, Iran’s top negotiator Ghalibaf said that Tehran did not trust “guarantees and words, only actions are the criterion”.

“No action will be taken before the other side acts,” he said in a social media post, without elaborating.

“The winner of any agreement is the one who is better prepared for war the day after,” the Iranian official added.

Still, Iranian state news outlet Fars, citing sources, reported on Friday that the agreement with the US was in its final stages of ratification, but no final decision has been made yet.

The sources stressed that there were no provisions about destroying Iran’s nuclear materials in the MOU and added that arrangements for the reopening of the Strait of Hormuz could include the monitoring and inspection of ships.

WASHINGTON — A framework agreement to end the U.S. war with Iran is all but settled, pending sign-off from the presidents of the two warring sides, President Trump said Friday, projecting optimism that a deal could finally be at hand.

Yet doubt cast a shadow over the diplomatic process entering the weekend as Trump faced a politically fraught decision to enter an agreement that would invariably require significant concessions to Tehran.

The negotiations have faced severe headwinds in recent days, with both sides accusing the other of violating a fragile ceasefire that has largely stopped the fighting since April.

On his Truth Social site, Trump said he had summoned his top aides to the White House Situation Room to decide on the deal.

The agreement would see an end to the U.S. naval blockade on Iranian ports and the removal of Iranian mines from the Strait of Hormuz, an international waterway through which 20% of the world’s energy supply passes each day. The strait, Trump wrote, will reopen with “no tolls” for “unrestricted shipping traffic, in both directions.”

And “Iran must agree that they will never have a Nuclear Weapon or Bomb,” Trump wrote, noting that Iran’s stockpile of highly enriched uranium, the key ingredient for nuclear weapons, “will be unearthed by the United States (which, it is agreed, is the only Country, along with China, with the mechanical capability of doing so!), in close coordination and conjunction with the Islamic Republic of Iran, plus the International Atomic Energy Agency, and DESTROYED.”

“No money will be exchanged, until further notice,” he added.

Treasury Secretary Scott Bessent also said the deal would require Iran to disavow the continuation of its domestic nuclear program — a diplomatic feat never before achieved throughout a quarter century of international negotiations over Iran’s nuclear work.

It is unclear whether Tehran would go that far. And Iran’s negotiators expressed defiance on Friday, stating that there was “no trust in guarantees or words” from the American side.

“No step will be taken before the other side acts first,” said Mohammad Bagher Ghalibaf, the speaker of Iran’s Parliament. “We do not gain concessions through dialogue, but through missiles.”

It remains unclear when the Trump administration would ease sanctions on Iran, how extensive that relief would be, or what form it would take — questions that fueled Republican criticism of the Obama-era nuclear deal more than a decade ago.

The working diplomatic document would formally extend the existing ceasefire for 60 days, allowing for a more detailed negotiation to take place over Iran’s nuclear program. But the truce as it currently stands is on perilous ground. Iran launched a ballistic missile on Thursday at Kuwait, a close U.S. ally, after American forces took “defensive” actions against Iranian missile launchers and mine laying boats it had launched in the strait.

The war has proven historically unpopular with the American public, and has seen oil prices soar since the U.S. military, in partnership with Israel, launched its first strikes against Iran in February.

Bessent said he is hopeful that oil prices would drop quickly once an agreement is signed. But industry analysts say the effects of the war on the oil market could last for months, if not years, with the stability of traffic through the Strait of Hormuz now in question for commercial shippers.

While oil has dropped to under $100 a barrel, markets appeared skittish on Friday over the prospects for a deal, with mixed messages appearing to emerge out of the region.

It is also unclear whether a U.S. agreement with Iran would in any way bind Israel’s hands in its military operations, either in Iran or in Lebanon, where an Iranian proxy militia, Hezbollah, has vowed to keep up the fight.

Israel has ramped up strikes against Hezbollah targets in recent days, jeopardizing a delicate ceasefire negotiated with the Lebanese government, a deal encouraged by the Trump administration in order to grease the wheels for its talks with Tehran.

Trump has been uncharacteristically silent on the prospects of an agreement in recent days, expressing cautious optimism in limited exchanges with reporters.

“It’s hard to say exactly when or if the president’s going to sign,” Vice President JD Vance, who has led the U.S. diplomatic team, told reporters, noting that “the nuclear stuff” is still subject to negotiation. “We’re going back and forth on a couple of language points.”

“I do think that we’ve made a lot of progress here,” Vance added. “Hopefully we’ll continue to make progress, and the president will be in a position where he can endorse the agreement. But obviously, that’s still TBD.”

Hungarian Prime Minister Peter Magyar said he expects to finalize a political agreement with Ursula von der Leyen over the release of billions of euros in frozen European Union funds during talks in Brussels.

The negotiations focus on unlocking financial support that had been suspended under the previous government led by former Prime Minister Viktor Orban due to long standing EU concerns regarding corruption, rule of law standards, and judicial independence.

Hungary is seeking access to approximately 6.5 billion euros in EU recovery grants and 3.9 billion euros in low interest loans before a critical August deadline. Additional structural funds worth around 7 billion euros also remain frozen.

The talks come at a crucial moment for Hungary’s economy, which has struggled with weak growth, fiscal pressure, and budgetary strain over the past three years.

Why It Matters

The potential agreement carries major economic and political significance for both Hungary and the European Union.

For Hungary, securing the release of EU funds is essential to stabilizing public finances, supporting economic growth, and restoring investor confidence. The country’s economy has experienced prolonged stagnation, while high spending pressures and limited fiscal flexibility have increased urgency around external financing.

For the European Union, the negotiations represent an important test of how Brussels balances financial support with enforcement of democratic and governance standards among member states.

The dispute over frozen funds has become one of the most prominent examples of tensions between the EU and governments accused of weakening judicial independence or failing to address corruption concerns.

A successful agreement could signal improving relations between Brussels and Hungary after years of political friction under Orban’s leadership.

Key Stakeholders

Hungary’s Government

Prime Minister Peter Magyar is under pressure to secure financial relief while also demonstrating willingness to meet EU governance expectations.

European Commission

The European Commission must balance political compromise with maintaining credibility on rule of law enforcement and anti corruption standards across the bloc.

Hungarian Economy

Businesses, investors, and public institutions in Hungary are closely watching the outcome because EU funding plays a major role in infrastructure, development, and economic stability.

European Union Member States

Other EU governments are monitoring the negotiations as they could shape future disputes involving rule of law conditions and access to EU financial support.

Analysis

The negotiations reflect a broader shift in Hungary’s relationship with the European Union following the political transition away from Viktor Orban’s administration.

Under Orban, disputes with Brussels became increasingly confrontational, particularly over democratic governance, judicial reforms, media freedoms, and corruption allegations. Peter Magyar appears to be pursuing a more pragmatic approach focused on rebuilding trust with EU institutions while securing urgently needed economic support.

However, the remaining disagreements over anti corruption measures suggest Brussels still wants stronger guarantees before fully releasing funds. This highlights the EU’s growing willingness to use financial leverage as a tool for enforcing governance standards within member states.

For Hungary, the pressure is primarily economic. Frozen EU funds have limited the government’s financial flexibility at a time when growth remains weak and fiscal conditions are strained. Unlocking the money would provide both immediate economic relief and an important political victory for Magyar’s government.

At the same time, the negotiations also carry symbolic importance for the EU itself. Brussels will want to demonstrate that compromise does not come at the expense of accountability, especially after years of criticism over democratic backsliding within the bloc.

Future Outlook

If a political agreement is finalized, Hungary could begin unlocking critical EU funding in the coming months, easing fiscal pressure and improving economic confidence.

However, implementation will remain important. Brussels is likely to continue closely monitoring Hungary’s anti corruption reforms and governance commitments before fully releasing all frozen funds.

A successful deal may also help normalize Hungary’s relationship with the European Union after years of tension, potentially opening the door for broader cooperation on economic and political issues.

At the same time, the outcome could influence future EU disputes involving rule of law conditions and financial oversight, particularly as Brussels increasingly links access to funding with governance standards.

For Hungary, the immediate priority remains economic stabilization. But politically, the negotiations may also determine whether Peter Magyar can establish a more cooperative and sustainable relationship with Europe while distancing his administration from the confrontational legacy of the Orban era.

With information from Reuters.

On the eve of his 25th birthday, Rams star receiver Puka Nacua said he was working on becoming a better person — and that if he continued on that journey the potential massive contract extension that appears to have stalled will take care of itself.

Nacua on Thursday addressed reporters for the first time since checking into a Malibu rehab facility in March. Nacua sought help after a string of incidents, which included a December incident that led to a civil lawsuit.

“Something that I feel like I’ve learned is, it’s OK to ask for support,” Nacua said after participating in an organized-team activity workout in Woodland Hills. “And then to recognize the platform that I have in being a professional football player, and trying to use that for the betterment of myself and for those around me.”

With an offense that features Nacua, quarterback Matthew Stafford — the reigning NFL most valuable player — and receiver Davante Adams, and a defense that includes edge rusher Jared Verse and All-Pro cornerback Trent McDuffie, the Rams are regarded as a favorite to play in Super Bowl LXI at SoFi Stadium.

Last season, Nacua led the NFL with 129 receptions and was voted All-Pro. The 2023 fifth-round draft pick is entering the final year of his rookie contract, and he is eligible for an extension that could surpass the $120-million deal the Seattle Seahawks gave receiver Jaxon Smith-Njigba.

But incidents last season and this offseason caused the Rams to put off talks about awarding Nacua an extension.

During a livestream last December, Nacua criticized NFL officials and made a gesture regarded as antisemitic. Nacua apologized, but after the Rams’ loss to the Seahawks a few days later, Nacua criticized officials in a social media post from the locker room. The NFL fined him $25,000.

In the lawsuit, a woman alleged that Nacua made an antisemitic remark during a group dinner and then bit her while riding in a vehicle.

Rams wide receiver Puka Nacua smiles after speaking to reporters during organized team activities at the training facility in Woodland Hills on Thursday.

(Gary Klein / Los Angeles Times)

His attorney has denied that Nacua made an antisemitic remark and said the bite resulted from “horseplay.”

On Thursday, when asked about the allegations, Nacua declined to comment specifically.

“With it being an ongoing legal battle, out of respect for the other party involved, don’t really have much to speak on,” he said, adding: “A moment for me to learn from, kind of some of the situations I was putting myself in, and then also having just an awareness of how I’m conducting myself in and out of this football field.”

Nacua said he made the decision to seek help with the support from those in his “inner circle.”

“I like to think of myself as a pretty happy outgoing guy that enjoyed life,” he said. “But there also were some difficulties of just being in this professional sport and just throughout my entire life.”

The rehab program was a “short stint,” but Nacua said he continues to meet with a team therapist and has adopted tools such as journaling.

Nacua, who became a father in October, said he was also motivated to continue self-improvement work as a way of sharing with and teaching his son.

“The great things I’ve been able to accomplish and to enjoy those moments, but then also to teach him in some of the mistakes that I’ve made,” he said. “So there’s an opportunity for him to learn before some of those wrong decisions can be made.”

Nacua’s “security in being able to be authentically honest about” seeking help was admirable, coach Sean McVay said.

“I think there’s real strength in some of the vulnerabilities,” McVay said, “and I’m really proud of him.”

Stafford, 38, said he talks with Nacua “nonstop” and that Nacua has looked “fantastic” during workouts.

“He’s a great person, a great kid, and just doing everything I can to try and give advice when it’s needed, or also just be his buddy too,” Stafford said. “I’m doing everything I can — I think everyone is, to just support him. … We’re happy he’s back doing his thing.”

Stafford spoke for the first time since signing a one-year, $55-million extension that keeps him under contract with the Rams through the 2027 season.

“Happy to have … next year taken care of if I decide to play — and they still want me back,” Stafford quipped. “Just excited to get that behind me, cause I just want to come out here and play and not think about that kind of stuff.

“So great to get that done sooner rather than later.”

Before Nacua’s string of incidents, the receiver also appeared on track to receive a possible extension before the 2026 season began.

Now, the Rams are expected to let him play out the season, and then possibly use the franchise tag for 2027 before making a long-term commitment.

Nacua said he could not imagine playing for another team.

“If I can continue to improve as a person, I know the coaches and the people around me are helping me improve as a football player,” he said. “So those are the things I can control, and hopefully allow those other things to handle themselves.”