September 14, 1989 |
Michael Jackson is the $20-million corporate spokesman who won't speak. "Protect me. . . . Don't let them ask me any questions," Jackson whispered Wednesday morning to a top executive from L.A. Gear, moments after the enigmatic pop star told a Hollywood Palladium full of reporters that he was "very happy" to be a part of the L.A. Gear team. By next spring, Jackson will be starring in L.A. Gear commercials. In the meantime he will help design and market a new line of L.A. Gear shoes.
April 20, 2012 |
WASHINGTON -- Billionaire energy businessman William Koch, whose brothers finance an array of conservative political causes, directed another $1 million into a "super PAC" backing GOP presidential candidate Mitt Romney, according to new campaign finance records filed Friday. The donation to Restore Our Future was made through Huron Carbon, a subsidiary of Oxbow Carbon, a privately held coal and petroleum supplier that Koch founded and runs. The contribution means that Koch has steered at least $2 million to the super PAC: Last year, Oxbow Carbon gave $750,000 to Restore Our Future, while Koch personally gave the group $250,000.
March 3, 2013 |
The small-market Minnesota Wild made the biggest splash in last summer's free-agency market by signing winger Zach Parise and defenseman Ryan Suter to identical 13-year, $98-million contracts. They immediately became symbols of the long, salary-cap-minimizing deals NHL owners freely handed out and then insisted be banished. The new collective bargaining agreement limits contracts to seven years, except for eight years when a team re-signs its free agent. Were Parise and Suter the last passengers on the free-agency gravy train?
September 21, 1988
Michael Jordan, who pumped up pro basketball in Chicago, signed a new contract Tuesday with the Bulls, who will pay him an estimated $25 million over the next 8 years, according to the Chicago Sun-Times, and he didn't even need to ask. Jordan, about to enter his fifth pro season, said: "I think it makes me work harder and earn what I'm getting paid--not that I wasn't earning it already." Last season, Jordan was voted the National Basketball Assn.'
August 16, 2011 |
Pentagon investigators have begun an inquiry into whether the Defense Advanced Research Projects Agency, which helps develop cutting-edge technology for the military, showed favoritism when it gave $1.75 million to a company co-owned by the agency's director and run by her father. The Pentagon's inspector general said it would examine DARPA's contracts over the last two years with RedXDefense, a Maryland-based contractor that builds devices to detect trace amounts of explosives. The technology is used to help find roadside bombs in Iraq and Afghanistan.
January 13, 1985
Moulder Bros., Glendale, has received two contracts totaling $1 million from the city of Lakewood for site rejuvenation of the community center complex, including the Sheriffs Department substation, city hall and library and along Civic Center Drive.