The average value of NFL teams has fallen for the first time since Forbes magazine began keeping track in 1998. The average value decreased 2 per cent from last year to US$1.022 billion (Dh3.8bn), though none of the top 12 franchises lost more than 3 per cent. The Dallas Cowboys remained the league's richest team, and widened the gap between themselves and the rest of the NFL. They are now worth $1.805bn. On the other end of the spectrum were the Jacksonville Jaguars, who lost 15 per cent of their value.
The Tennessee Titans are breaking training camp with good news. Derrick Morgan, their top pick, practised with the team for the first time since being drafted. The defensive end missed most of the offseason, first with a strained hamstring, then a pulled left calf. He then pulled that same calf early in his first practice of training camp on August 1. On Thursday he had a walkthrough.
The St Louis wide receiver Donnie Avery injured his right knee late in the first half of the Rams' pre-season victory over New England on Thursday night. Avery, who led Rams wide receivers with 47 catches last year, was hurt at the end of the first half. He jumped for Sam Bradford's long pass down the right sideline, fell and clutched his knee as the ball dropped incomplete.
Gary Brackett, the Indianapolis Colts' defensive captain, left with an injury to his right hand late in the first quarter of Thursday night's game with the Green Bay Packers. Brackett, the starting middle linebacker, was trying to tackle Ryan Grant on a short gain when it appeared that teammate Philip Wheeler came crashing through and hit Brackett's hand with his helmet.
* Agencies
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US households add $601bn of debt in 2019
American households borrowed another $601 billion (Dh2.2bn) in 2019, the largest yearly gain since 2007, just before the global financial crisis, according to February data from the New York Federal Reserve Bank.
Fuelled by rising mortgage debt as homebuyers continued to take advantage of low interest rates, the increase last year brought total household debt to a record high, surpassing the previous peak reached in 2008 just before the market crash, according to the report.
Following the 22nd straight quarter of growth, American household debt swelled to $14.15 trillion by the end of 2019, the New York Fed said in its quarterly report.
In the final three months of the year, new home loans jumped to their highest volume since the fourth quarter of 2005, while credit cards and auto loans also added to the increase.
The bad debt load is taking its toll on some households, and the New York Fed warned that more and more credit card borrowers — particularly young people — were falling behind on their payments.
"Younger borrowers, who are disproportionately likely to have credit cards and student loans as their primary form of debt, struggle more than others with on-time repayment," New York Fed researchers said.
Quick facts on cancer
- Cancer is the second-leading cause of death worldwide, after cardiovascular diseases
- About one in five men and one in six women will develop cancer in their lifetime
- By 2040, global cancer cases are on track to reach 30 million
- 70 per cent of cancer deaths occur in low and middle-income countries
- This rate is expected to increase to 75 per cent by 2030
- At least one third of common cancers are preventable
- Genetic mutations play a role in 5 per cent to 10 per cent of cancers
- Up to 3.7 million lives could be saved annually by implementing the right health
strategies
- The total annual economic cost of cancer is $1.16 trillion
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