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The brand and intellectual property of Sports Illustrated have been sold to marketing company Authentic Brands Group for 0 million.Meredith Corporation, the current owner of the iconic magazine, announced the sale on Tuesday. In an unusual arrangement, Meredith will continue to publish the Sports Illustrated magazine and website.The structure of the deal suggests that the Sports Illustrated brand is much more valuable than the storied magazine.Authentic Brands Group, which owns the brands of celebrities like Marilyn Monroe and Elvis Presley, will assume the marketing, business development and licensing of Sports Illustrated's intellectual property.Jamie Salter, CEO of Authentic Brands Group, said in a statement that Sports Illustrated's "trusted name and fiercely devoted following set the stage for the brand to become a leader in lifestyle and entertainment."According to the companies, potential new business opportunities include events, conferences, gambling and gaming products as well as video and television.Meredith, which is paying Authentic Brands Group an undisclosed fee to publish the Sports Illustrated magazine and website, said it would maintain the publication's editorial independence.Sports Illustrated was put up for sale last year along with Time, Fortune and Money magazines, which Meredith acquired via its purchase of Time Inc. Meredith also owns People, InStyle and Better Homes & Gardens.Salesforce CEO Marc Benioff and his wife Lynne Benioff purchased Time in September.Meredith sold Fortune to Thai billionaire Chatchaval Jiaravanon in November, and decided to take Money magazine off the market in April, turning it instead into a digital-only publication. 1715

The City of Chicago is suing actor Jussie Smollett after he failed to pay the city over 0,000 for the police investigation of his report of a hate crime attack, court documents show.The civil lawsuit, filed Thursday in Cook County court, comes after the actor refused to pay a 0,106.15 bill meant to cover the cost of police overtime during the investigation.Smollett was given seven days to reimburse the city, but the actor's attorneys said the demand was meant to 485

The helicopter pilot who crashed on to the roof of a New York City building was not licensed to fly in poor weather, the Federal Aviation Administration said.The pilot, identified as Tim McCormack, died in the crash, law enforcement officials said."Pilots must have an instrument rating to fly in bad weather," an FAA spokeswoman said. "This pilot didn't have an instrument rating."An instrument rating requires about 100 or more hours of additional training on top of basic pilot training, CNN aviation analyst Mary Schiavo said.It helps pilots learn to fly without visual reference to the sky under instrument flight rules, by relying solely on instruments to "fly blind" in clouds or heavy fog under the direction of air traffic control, Schiavo said.At the time of Monday's flight, moderate to heavy rain was falling in the city, and visibility at Central Park was down to 1.25 miles. Winds were from the east at 9 mph.City officials said they were not sure what led the pilot to crash-land atop a building without a helipad.A typical afternoon inside the offices of a Midtown Manhattan skyscraper suddenly turned to chaos when the helicopter, 11 minutes into its flight, landed on the roof.The helicopter took off from East 34th Street Heliport about 1:32 p.m. Monday, New York police Commissioner James O'Neill said.Based on interviews investigators conducted at the East 34th Street Heliport on Manhattan's East Side, the pilot made statements that he believed he had a 5- to 7-minute break in the rainy weather to take off, according to a law enforcement source familiar with the investigation. The pilot did not refuel at the heliport, the source added.Once the pilot was in the air, he radioed back to the heliport and said he needed to return. The last time the pilot communicated with the heliport he conveyed he was unsure of his location, the source said.The pilot then flew around Battery Park on the southern tip of Manhattan, up the west side of the island and then, somewhere around the streets in the 40s, started to veer toward Midtown Manhattan before crash-landing, the law enforcement source said.McCormack had flown for American Continental Properties, the company that owns the helicopter, for five years, according to a company statement.McCormack received his commercial pilot's license in 2004, according to Federal Aviation Administration records, and he was certified as a flight instructor for a rotorcraft-helicopter last year.In October 2014, the pilot was flying a helicopter over the Hudson River with six tourists on board when a bird struck and broke part of the windshield, according to 2637

The device looks similar to a taser, but acts more like a lasso with more and more police officers are adding it to their belt.“It will, much like a boomerang, wrap around the individuals extremities and prevent the individual from moving,” Los Angeles Police Department Chief Michel Moore said.LAPD is the most recent, and largest, police department to test the product. And their officers have to go through four hours of training to use it.“How could we provide the best tools and best options so officers would not have to resort to force, particularly deadly force,” Moore explained.Dozens of police departments around the U.S. are testing or have purchased the remote restraint device, including Sacramento, California, Fort Worth, Texas, and Minneapolis, Minnesota to name a few.“This tool is meant to be used early on in an encounter without causing pain to an individual,” Wrap Technologies Chief Operating Officer Mike Rothans said. He is a retired assistant sheriff with two children who work in law enforcement. The device works by releasing a cord that wraps around a person 20 to 25 feet away. On the end, there are metal anchors. The cord comes out of the device at 513 feet a second. At 10 feet, it drops to 270 feet a second.The devices costs ,000 a piece and are per use.“All you feel is maybe a metal slap from the anchors around each end of the cord. But it doesn’t really cause any pain,” Rothans said.Not everyone is convinced.What happens when someone’s in shorts or they’re in a skirt? What if they accidentally get someone’s neck?,” Cat Brooks, Co-founder of the Anti-Police Terror Project, explained. APTP is a coalition that works toward ending police terror.“We need to be transforming the way law enforcement engages with our community, not what weapons they have to be able to do so,” Brooks said.Rothans explained that one scenario the BolaWrap can be used in, is in the case of confronting someone dealing with a mental health problem.“Basically the issue with the mentally ill or dealing with people in crisis, isn’t unique to one particular area in the U.S.. It’s the same issue we see in small towns in Minnesota, or big cities like New York or Los Angeles,” he said. “Police officers have really become the de facto social services”People with severe mental illness are involved in at least one in four fatal police shootings, according to a study done by the Treatment Advocacy Center.“There’s really no reason to send a badge and a gun into that situation when you can send a mental health professional,” Brooks said.For officers, Rothans says this is a safer option that buys the responder some time.“This restricts their mobility and slows that individual down to allow officers to put a plan into place,” he explained.“There’s no perfect scenario or perfect formula,” Moore said during his press conference announcing the use of the device. 2899

The NBA is in talks with the league's Player's Association regarding a plan to resume the 2019-2020 season, the league said in a statement Saturday.The plan would be to see all games and practices at the ESPN Wide World of Sports Complex at Disney World in Florida. Players would also be housed there for the remainder of the season/Under the plan, league play would resume in "late July."It's unclear how many games would be played, and how the playoff system would be structured.The announcement comes a day after the 532