Business

A Ferrari-inspired mansion known as Casa Maranello in Delray Beach, Florida, shattered a local record when it traded for $50.5 million.
The sale included a mansion swap, bespoke furniture, elaborate chandeliers, art, alcohol and even a miniature Ferrari 250 Testa Rossa sports car.
Casa Maranello’s sale price, amounting to more than $2,400 per square foot, breaks the town record of price per area held by the megahome next door called Villa Spectre.

A Ferrari-inspired mansion known as Casa Maranello in Delray Beach, Florida, shattered a local record last week when it traded for $50.5 million.
Not only was the megadeal the biggest the area has ever seen, but it was also one of the most unusual: The sale included a mansion swap, bespoke furniture, elaborate chandeliers, art, alcohol and even a miniature Ferrari 250 Testa Rossa sports car.

According to public records, the buyer was a trust linked to William Cafaro, the co-president of a retail property development company in Niles, Ohio. The trust purchased the seven-bedroom, nine-bathroom residence — and paid millions more for all of its furnishings — with a combination of cash and real estate valued at $55 million.
The trust paid the home’s architect and developer, Aldo Stark of Prestige Design Homes, $24.5 million along with the deed to Cafaro’s almost-18,000 square foot mansion located at 9200 Rockybrook Way in Delray Beach, which, according to public record, was valued at $26 million.
“This was a highly complex transaction, involving two mega trophy real estate properties, cash and numerous moving parts with multiple stakeholders,” said listing agent Senada Adzem, who brokered both transactions, but would not go into detail about specifics.
The two mansions sit less than 1,000 feet apart in Delray Beach’s Stone Creek Ranch neighborhood, one of the town’s most luxurious gated communities.
The Rockybrook home that Stark received sits on 2.5 acres and has seven bedrooms and 10 bathrooms. The developer has already begun making major improvements to the home, and Adzem told CNBC that Stark plans on putting the estate up for sale soon.

“They are incorporating exotic materials, bespoke lighting fixtures and all-new custom furnishings,” she said.

The mansion at 9200 Rockybrook Way in Delray Beach, Florida, that was traded as part of a $50.5 million deal to buy Casa Maranello.
Daniel Petroni Photography

Casa Maranello’s sale price, amounting to more than $2,400 per square foot, breaks the town record of price per area held by the megahome next door called Villa Spectre, also built and designed by Stark.
“Aldo Stark is in a league of his own when it comes to visionary architecture, ultra-luxury design and development,” said Adzem.

The dramatic entry at the James Bond-themed Villa Spectre.
Legendary Productions

The property next door is about the same size and layout of Casa Maranello, but where the latter is Ferrari-inspired — even named for the town in Italy where the luxury automaker is based — the residence at 16161 Quiet Vista Circle is centered around all things James Bond.
Marketing material for Villa Spectre shows the car gallery filled with pricey Aston Martins and a Bond-inspired Rolls-Royce Spectre. Before the home was officially listed for sale, it was purchased last month in an off-market deal.
“The moment the clients stepped inside, they were left speechless,” said Adzem, who also brokered the Villa Spectre sale.
Public records show Villa Spectre traded for $36.8 million. It was also sold fully furnished, so many millions more were paid to Stark for things such as furniture, art, alcohol and the Rolls-Royce, which came from Stark’s personal collection.
According to Adzem, the sum paid for Villa Spectre and all of its furnishings took the total deal value closer to $55 million.
While Adzem would not comment on the buyer’s identities in any of the transactions, records show Villa Spectre was bought by a trust linked to Barry M. Smith, a retired tech CEO.

Villa Spectre.
Legendary Productions

Take a look around the Ferrari-inspired Casa Maranello:

A bronze prancing horse inspired by the Ferrari logo stands at the center of a fountain outside Casa Maranello’s front door.
Daniel Petroni Photography

The architecture of the almost 22,000 square foot megahome takes inspiration from the Italian car maker, including a fountain on the front drive with a prancing bronze horse, reminiscent of Ferrari’s iconic logo.
“At the end of the day, luxury real estate and exotic cars are more than possessions — they’re statements of passion and success,” said Adzem. 

The auto gallery includes a chevron-patterned ceiling in walnut, grand chandeliers and parking for 12 cars.
Daniel Petroni Photography

While the home was marketed fully furnished, the millions of dollars worth of Ferraris parked in the 12-car auto gallery were not included in the sale, Adzem said, as most of those sports cars were part of the developer’s private collection.
Stark also parked his miniature red Ferrari — a 75% replica of a vintage Ferrari — in the home’s grand salon. While Casa Maranello’s new owners do not have a Ferrari collection of their own, they paid extra to have Stark leave the six-figure miniature behind.

The shiny red sports car parked in the living room is a 75% scale reproduction of a vintage Ferrari 250 Testa Rossa. The mini electric car has a top speed of 50 mph and a price tag upwards of $100,000.
Daniel Petroni Photography

The spacious living area incudes four custom-made Venetian chandeliers, a pair of big-screen monitors and two back-lit coffee tables and consoles made of agate.

Casa Maranello’s grand salon.
Daniel Petroni Photography

The home boasts two massive primary suites, one of them spanning 3,400 square feet with a 1,300 square foot sleeping area, an equal-sized walk-in closet and an 800 square foot stone clad bath.
The en suite bath connects to the mansion’s hair salon and massage room.

One of Casa Maranello’s two primary suites.
Daniel Petroni Photography

The primary suite’s 1,300 square foot walk-in closet.
Daniel Petroni Photography

The primary suite bathroom features twin vanities, side-by-side showers encased in a glass cube and a black bathtub under a crystal chandelier at its center.
Daniel Petroni Photography

The home’s beauty salon.
Daniel Petroni Photography

The home’s kitchen counters and walls are clad in book-matched orobico grigio marble and custom cabinetry from Spain.
Behind a cabinet door is a discrete passageway to the private chef’s kitchen.
Casa Maranello’s drinking lounge came fully stocked with top-shelf alcohol. The 30 foot bar is wrapped in back-lit Brazilian tiger skin onyx with seating for 20 people.
The 18-person dining room table and the back wall of the glass wine vault are carved from Patagonia-Brazilian onyx.

Casa Maranello’s kitchen.
Daniel Petroni Photography

The home’s massive bar is wrapped in tiger skin onyx that glows after dark. The walls are clad in book-matched petrified wood, and the bespoke chandeliers are reminiscent of vintage glassware.
Daniel Petroni Photography

Casa Maranello’s dining room.
Daniel Petroni Photography

The wellness area is inspired by the Bulgari hotel with an indoor pool, Himalayan salt room that doubles as a sauna and a steam room.
Hidden behind one of the bookcases is a secret passage that leads to the home’s guest wing with four en suite bedrooms, a 14-person cinema and another lounge area.
The back of the home wraps around a 95 foot long, 90,000 gallon resort-style pool with a baja shelf and spa.

The Bulgari-hotel inspired wellness spa includes a plunge pool.
Daniel Petroni Photography

The Himalayan salt room and dry sauna.
Daniel Petroni Photography

Hidden behind a bookcase is a secret passageway that leads to the guest wing.
Daniel Petroni Photography

The 90-foot-long pool features an oversized spa framed by a Baja shelf that’s appointed with sun loungers and a stair case that leads to a swimming level.
Daniel Petroni Photography

Casa Maranello’s resort-style pool.
Daniel Petroni Photography More

E.l.f. Beauty cut its guidance after seeing soft sales trends in January and mixed holiday results.
CEO Tarang Amin told CNBC the category slowed due in part to a hangover from holiday discounting and changes in the way people were posting online amid the potential TikTok ban.
The cosmetics company reported holiday sales that were higher than expected but profits that narrowly missed estimates.

Elf complexion sponges arranged in Germantown, New York, on July 17, 2023.
Gabby Jones | Bloomberg | Getty Images

E.l.f. Beauty on Thursday cut its full-year guidance after seeing a 36% drop in profits and “softer than expected” sales trends in January, marking a rare downturn for one of beauty’s hottest brands. 
The cosmetics company reported holiday sales that were higher than expected but profits that narrowly missed estimates, another rare miss for the retailer. 

Shares of E.l.f. fell more than 20% in extended trading Thursday.
Here’s how E.l.f. did in its fiscal third quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:

Earnings per share: 74 cents adjusted vs. 75 cents expected
Revenue: $355 million vs. $330 million expected

The company’s reported net income for the three-month period that ended Dec. 31 was $17.3 million, or 30 cents per share, compared with $26.9 million, or 46 cents per share, a year earlier. Excluding one-time items, including stock-based compensation and expenses associated with its acquisition of Naturium, E.l.f. posted adjusted earnings of 74 cents per share. 
Sales rose to $355 million, up about 31% from $271 million a year earlier.
For the company’s full fiscal year, which only has one quarter remaining, E.l.f. issued guidance that came in below Wall Street expectations. The retailer is now expecting sales of between $1.3 billion and $1.31 billion, below estimates of $1.34 billion, according to StreetAccount. It had previously expected sales to be between $1.32 billion and $1.34 billion. 

E.l.f. is also now expecting adjusted earnings per share of between $3.27 and $3.32, far below StreetAccount estimates of $3.54. E.l.f. had previously expected full-year earnings of between $3.47 and $3.53. 
The company’s implied guidance for its current quarter looks even more rough. Based on its full-year outlook and actual figures from the first three quarters, E.l.f. could see earnings per share of between 66 cents and 71 cents during its current quarter, far below expectations of 97 cents, according to a CNBC analysis and estimates from LSEG. 
In an interview with CNBC, CEO Tarang Amin shrugged off concerns that there were larger issues at the company and instead pointed to an overall slowdown in the beauty category, tough prior-year comparisons and recent product launches that did not perform as well as previous new items. 
When it comes to the overall category, Amin said mass cosmetics declined 5% in January and the company suspects that was driven by two factors: a hangover from holiday discounting and a slowdown in “social commentary,” or fewer people talking about beauty online, which can drive cosmetics sales. 
“One, [with] the LA wildfires, people I think didn’t want to be tone deaf with posting a lot of things while that devastation went on. The second is, there was a lot of uncertainty around TikTok. I feel like the only things people were posting on TikTok was whether it was going to stay open or shut down,” said Amin. “Whatever the reason may be, that social commentary was way down.”
Amin also weighed in on new tariffs against China and how the company is preparing. About 80% of its supply chain is in the region.
Amin said it is too early to say whether E.l.f. will raise prices to offset the effect to profits, but the new 10% duties are better than what the company was bracing for.
Over the past couple of years, E.l.f. has been one of the fastest-growing brands in beauty, winning over shoppers young and old with its viral marketing, low prices and ability to offer high-quality, more-affordable “dupes” of prestige products.
While the brand is still growing and says it is still outpacing the overall category, that pace of growth is starting to slow down and recent product launches have not boosted sales in the same way they did in the past. 
Amin said the company prefers to take a “prudent” approach to guidance and still considers it a win that E.l.f. is outperforming the overall category.
He said the company is using the profits it generates to invest in improvements to inventory management programs, infrastructure and international expansion.

Don’t miss these insights from CNBC PRO More

Denver Broncos President Damani Leech said he viewed diversity as a “weapon” to get “the best talent in the room.”
Earlier this week, National Football League Commissioner Roger Goodell defended the NFL’s diversity-fostering hiring practices.
Leech spoke Thursday with CNBC Sport from Radio Row in New Orleans.

Denver Broncos President Damani Leech praised the National Football League’s commitment to diversity amid corporate and government efforts to reduce diversity, equity and inclusion hiring practices.
Leech is one of four African American presidents of NFL teams.

“I think we’ve all been hired in the last three to four years,” Leech told CNBC Sport from Radio Row in New Orleans ahead of Super Bowl 59. “So I think the progress that the league has made there is pretty tremendous.”

The Denver Broncos held a press conference to introduce team president Damani Leech in the team auditorium of UCHealth Training Center in Centennial, Colorado, on Aug. 29, 2022.
Rj Sangosti | MediaNews | The Denver Post | Getty Images

Earlier this week, NFL Commissioner Roger Goodell backed the league’s inclusive hiring practices, such as the Rooney Rule, a policy instituted in 2003 that requires teams to interview minority candidates for certain coaching and executive positions.
“I think we’ve proven to ourselves that it does make the NFL better,” Goodell said this week. “We’re not in this because it’s a trend to get into it or a trend to get out of it. Our efforts are fundamental in trying to attract the best possible talent into the National Football League both on and off the field.”
Leech echoed the commissioner’s viewpoints. He joined the Broncos after spending three years as chief operating officer of NFL International from 2019 to 2022.
“I view diversity as a weapon,” said Leech. “I think you’re trying to get the best talent in the room, whether that’s on the field or off the field. And folks who don’t do that, I think they’ll do it at their expense. I think for us, we try to get the best talent we can, regardless of where you’re from. I think that our differences make us better. That’s both at a club level and at a league level.”
Leech’s comments come as a range of major corporations roll back their DEI hiring practices. Last month, the Trump administration also directed all federal DEI staff be put on paid leave before many lose their jobs. More

The National Collegiate Athletic Association updated its student-athlete policy to bar transgender women from competing in women’s sports.
The change follows President Donald Trump’s executive order that also banned trans women from women’s sports.
The NCAA previously deferred to sport governing bodies for trans athlete eligibility.

General signage before practice for the first round of the 2024 NCAA Tournament at PPG Paints Arena.
Charles LeClaire-USA TODAY Sports

The National Collegiate Athletic Association on Thursday updated its transgender student-athlete policy to prohibit trans women from competing in women’s sports, one day after President Donald Trump signed an executive order stating the federal government would defund schools that allow trans women to do so.
The new policy says students assigned male at birth may practice with women’s teams and receive related benefits such as medical care, but they are not allowed to engage in formal competition. All students, regardless of gender or sex, may compete on men’s teams, though athletes taking testosterone must complete a medical exemption process. Students assigned female at birth who are taking testosterone or engaging in hormone therapy are also banned from women’s teams.

The NCAA previously followed Olympic standards in deferring to sports’ national governing bodies in determining eligibility for trans athletes. The organization adopted that policy in January 2022.
“The NCAA is an organization made up of 1,100 colleges and universities in all 50 states that collectively enroll more than 530,000 student-athletes. We strongly believe that clear, consistent, and uniform eligibility standards would best serve today’s student-athletes instead of a patchwork of conflicting state laws and court decisions. To that end, President Trump’s order provides a clear, national standard,” NCAA President Charlie Baker said in a news release.
Baker told a Senate panel in December that he was aware of fewer than 10 current trans NCAA athletes.
Trump’s latest action builds on his previous executive order declaring that there are only two sexes and demanding federal agencies stop promoting “gender ideology,” which the White House said “replaces the biological category of sex with an ever-shifting concept of self-assessed gender identity.” He also signed an executive order banning transgender people from openly serving in the military.
In an Instagram video, transgender triathlete and trans rights advocate Chris Mosier said the policy’s focus on athletes’ assigned sexes at birth presents gender solely as a binary concept.

“It is mirroring the executive orders of the president in trying to legislate away trans and nonbinary identities,” Mosier said.
Mosier also said the policy affects intersex women and women who practice hormone therapy for medical reasons, such as to treat polycystic ovary syndrome. The NCAA does not mention a medical exception process for athletes to join women’s teams.
In a statement, LGBTQ+ advocacy group GLAAD said, “This move is deeply disturbing and not informed by any of the medical, scientific, and human rights expertise that has previously guided NCAA policy and keeps all student athletes safe.”
“It is also premature and purely a response from the inaccurate and incoherent rhetoric from the Trump White House and its attempt to intimidate educational institutions,” GLAAD said. “Students deserve leaders who will look out for their best interests instead of caving to bullies trying to legitimize discrimination and harm.”

Don’t miss these insights from CNBC PRO More

Tapestry’s shares shot up after the company reported strong holiday sales and raised its full-year outlook.
Coach’s parent company reported the results less than two months after calling off its merger with fashion accessories competitor Capri.
Coach remains the top performer, with brands Kate Spade and Stuart Weitzman putting up weaker results.

The logo of U.S. fashion brand Coach is seen in New York on Nov. 19, 2024.
Charly Triballeau | AFP | Getty Images

Shares of Coach parent Tapestry rose about 12% on Thursday after the company beat holiday-quarter sales expectations and boosted its full-year forecast.
The fashion and accessories company said it now expects full-year revenue of more than $6.85 billion, which would be about 3% higher than the prior year. It expects earnings per share of $4.85 to $4.90. It had previously forecast full-year revenue of more than $6.75 billion and full-year earnings per share of between $4.50 and $4.55.

Tapestry’s strong results come less than two months after it called off a merger with Capri, after planning to appeal the blocked deal. The agreement, which companies had fought for in court, would have married America’s two largest luxury houses and put six fashion brands under one company: Tapestry’s Coach, Kate Spade and Stuart Weitzman with Capri’s Versace, Jimmy Choo and Michael Kors.
Tapestry’s results are also in sharp contrast to Capri’s. In Capri’s holiday quarter, which the company reported Wednesday, sales of Versace and Michael Kors tumbled by double digits. CEO John Idol took some of the blame, saying that the company had made missteps — including cutting lower-priced accessories that helped bring in newer customers.
In a CNBC interview on Thursday, Tapestry CEO Joanne Crevoiserat said consumers are still selective about spending, but Coach has won their business by delivering “innovation, relevance and value.”
“That’s what our brand-building principles are focused on,” she said. “We have confidence that these brand-building principles and our ability to connect with consumers, regardless of the environment, remains strong.”
Here is what Tapestry reported for the fiscal second quarter compared with Wall Street’s estimates, according to a survey of analysts by LSEG:

Earnings per share: $2.00 adjusted vs. $1.75 expected
Revenue: $2.20 billion vs. $2.11 billion expected

In the three-month period that ended Dec. 28, Tapestry’s net income decreased to $310.4 million, or $1.38 per share, from $322.3 million, or $1.39 per share, in the year-ago period. The company’s adjusted earnings per share figure excluded some one-time items, including an interest expense and a provision for income taxes.
Net sales rose to $2.20 billion from $2.08 billion in the year-ago quarter.
Coach remained the company’s top performer in the holiday quarter, with revenue up 11% year over year. Kate Spade and Stuart Weitzman put up weaker results, with revenue declines of 10% and 15%, respectively.
On Tapestry’s earnings call Thursday, CFO Scott Roe said the company’s full-year guidance includes the impact an additional 10% tariff on goods imported from China into the U.S. beginning Feb. 4. He said that is not expected to have a material effect on the company’s results, since it has very limited manufacturing in China.
Tapestry does not have any production in Canada or Mexico, he said. Roe had said on Tapestry’s early November earnings call that less than 10% of the company’s sourcing comes from China.

Growing on its own

Tapestry is looking inside of the company to drive growth. In a CNBC interview, Crevoiserat said that Tapestry will hold off on mergers and acquisitions until it makes sure Coach can maintain growth and Kate Spade returns to sustainable growth, too.
“It’s hard to put a timeline on it, but not in the near term,” she said of when the company would consider another deal.
Tapestry plans to rev up popular styles at Coach, invest in Kate Spade’s turnaround efforts, and focus on customer acquisition in underpenetrated markets, such as Europe and China.
Tapestry’s largest market is North America, with nearly 70% of its quarterly sales coming from the region in the holiday quarter. Yet Europe stood out with its gains in the holiday quarter. Revenue in the quarter rose 45% in Europe, 3% in Greater China and 4% in North America compared with the year-ago period. Sales in Japan, on the other hand, declined by 5% year over year in the quarter.
Crevoiserat said on the company’s earnings call that Tapestry’s “runway for growth is significant” in Europe, since it has lower sales and fewer customers there.
New and younger shoppers have also lifted Tapestry’s sales. Crevoiserat said on the company’s earnings call that Tapestry attracted about 2.7 million new customers in North America in the quarter and over half of those customers were Gen Z and millennials, she said.
One of the company’s bestsellers in the quarter, particularly with newer and younger shoppers, was the Tabby, a shoulder bag that Coach had made in different colors and materials, she said. Its newer New York collection of bags has proven popular, too — including the Brooklyn, a shoulder bag that sells for $295, and the Soft Empire Carryall Bag 40, which sells for $695.
Tapestry has ramped up its focus on Kate Spade, a brand that it’s trying to revive. Eva Erdmann, previously global president of L’Oréal’s Urban Decay Cosmetics, started as Kate Spade’s new CEO in October.
On the earnings call, Crevoiserat said Tapestry will slash the number of Kate Spade’s handbag styles by more than 15% this fall and “work to build blockbuster handbag families.” She said it’s also focused on using new, compelling items, not discounts, to drive Kate Spade’s sales.
“Decreasing our level of promotional activity will be a key building block of solidifying our brand and positioning it to scale in a healthy way globally over the long term,” she said.

Don’t miss these insights from CNBC PRO More

E.l.f. Beauty relies heavily on China for manufacturing and was “relieved” to learn new duties from President Donald Trump were only 10%.
“We actually were somewhat relieved when it was only 10 points, because at one time the rhetoric was as high as 60% tariffs,” CEO Tarang Amin told CNBC.
The company raised prices on a third of its items by $1 during the last round of tariffs, but isn’t sure if it will need to do so this time around.

The New York Stock Exchange welcomes E.l.f. Beauty on March 18, 2024, to celebrate its 20th anniversary of founding.

The CEO of E.l.f. Beauty, which manufactures about 80% of its cosmetics in China, told CNBC on Thursday that it was “relieved” the new tariff on Chinese imports is only 10%. The retailer isn’t sure yet if it will need to raise prices. 
“[It] seems like a weird thing to say, but we actually were somewhat relieved when it was only 10 points because at one time, the rhetoric was as high as 60% tariffs,” Tarang Amin said when discussing his company’s fiscal third-quarter earnings results.

With regard to raising prices, he said, “we’ll see whether we need to.”
The comments come just days after President Donald Trump slapped a new 10% tariff on goods imported from China into the U.S., raising concerns about companies such as E.l.f. with significant supply chains in the region.
While 25% tariffs on Mexico and Canada have since been paused for 30 days, Beijing and Washington have yet to come to an agreement, and China has hit the U.S. back with a slew of retaliatory measures, including blacklisting Calvin Klein’s parent company PVH Corp. 
The uncertainty around whether the new Chinese tariffs are here to stay has led some companies, such as Barbie maker Mattel, to say they will lean on price increases to offset the effect to profits. E.l.f. struck a similar tune in November when 60% tariffs still seemed like a possibility. 
“We also want to play it out. There’s so much back and forth going on right now. If there was a higher level of tariff, we don’t want to announce our pricing actions until we know kind of where we feel it’s really going to settle out,” he explained. 

When Trump put new 25% tariffs on China during his first term, Amin said the company raised prices on a third of its items by $1 and saw a “good consumer response,” even with its reputation for offering more affordable “dupes” of prestige cosmetics at drug store prices.
At the time, E.l.f. was manufacturing nearly 100% of its goods in China. This time around, it is in a better position after reducing its reliance on the region by about 20%. It also has a bigger international business and does more sales outside of the U.S. 
“The good thing, because we do have a long supply chain … we won’t face it this fiscal year. It won’t be until about, you know, well into our [fiscal year 2026] before we start seeing the value of that higher inventory,” said Amin. “So we have time to really make sure we have the playbook.”

Don’t miss these insights from CNBC PRO More

Brees said he has “maybe” held talks with media executives about being part of an NFL broadcast team for next season.
Brees, the former New Orleans Saints and San Diego Chargers quarterback, spent one year at NBC Sports as an NFL studio analyst.
Brees spoke with CNBC Sport on Radio Row in New Orleans ahead of Super Bowl 59 on Sunday.

Former New Orleans Saints quarterback Drew Brees said he’d like to join an NFL broadcast team as a game analyst, and hinted he’s already in talks with media companies for a role.
Brees signed a multiyear contract with NBC Sports in 2020, but only spent a year as an NFL studio analyst before leaving the role in what then-head of NBC Sports Pete Bevacqua called a “lifestyle choice” for Brees.

Drew Brees of ESPN Monday Night Countdown on set before the game between the Miami Dolphins and the Los Angeles Rams at SoFi Stadium in Inglewood, California, on Nov. 11, 2024.
Ric Tapia | Getty Images

If he were to return to broadcasting, Brees said he’d feel comfortable as a game commentator, following the footsteps of other quarterbacks of his era including Tom Brady and Tony Romo. Brady signed a 10-year contract with Fox in 2022 worth at least $375 million, according to The Athletic. He will conclude his first season broadcasting Sunday’s Super Bowl 59.
“I love broadcast because there’s an insight that comes with playing the position, the quarterback position, for 20 years that you have that nobody else has. I feel like we’re extremely well equipped to be able to talk about and communicate exactly what’s happened on the field and why,” Brees said Thursday in a CNBC Sport interview on Radio Row in New Orleans ahead of the Super Bowl. “So look, I would, with the right opportunity, I’d love to.”
When asked if Brees had already held talks with media executives, he said, “Maybe.” Pressed if a job could begin next season, he also responded, “Maybe.”
“I love the game of football, and I will always be involved in the NFL game in some capacity,” said Brees. More

New Orleans is preparing for an estimated 125,000 visitors and a presidential visit during the weekend of Super Bowl 59.
Hotel demand is surging, and Caesars is in the spotlight.
Law enforcement has enhanced its efforts since a New Year’s Day attack in the city’s French Quarter.

Kansas City Chiefs and Philadelphia Eagles flags at Voodoo Chicken & Daiquiris restaurant on Bourbon Street prior to Super Bowl 59.
Kirby Lee | Reuters

New Orleans is preparing for an estimated 125,000 visitors and a presidential visit during the weekend of Super Bowl 59, as the reigning champion Kansas City Chiefs take on the Philadelphia Eagles at the Caesars Superdome.
Local businesses are ready, and hotel demand is surging.

Tripadvisor said demand for hotel rooms in New Orleans surged 637% this week as fans of the competing NFL teams scurry to find lodging. Interest from travelers in Pennsylvania and New Jersey has increased more than 14 times, and interest from people in Kansas and Missouri is up 8.5 times since the division championship games in the last week of January, the travel site said.
As of Thursday morning, the average hotel room was going for $650 per night, according to Hotels.com, which is owned by Expedia.
Caesars has the spotlight, however. Along with naming rights to the New Orleans Saints’ stadium, where the NFL championship will be played, Caesars also holds lucrative status as the only casino in New Orleans.
The company has rolled out the red carpet with a nearly half-billion-dollar overhaul of what was formerly a Harrah’s-branded property, and it is using the big game to introduce the brand to new customers.
The biggest football game of the year comes just weeks after a New Year’s Day attack that took place in the city’s French Quarter and killed 14 people, putting New Orleans on high alert.

Security around town is tight. State police, city police and the U.S. Department of Homeland Security all have a heavy presence.
At an NFL briefing on Monday, law enforcement said more than 700 different types of Homeland Security officials will be on the ground during the Super Bowl, and that was before President Donald Trump indicated plans to attend the game.
“I am confident that the safest areas to be in the country this weekend is under the security umbrella our team has put together,” said Cathy Lanier, the NFL’s chief security officer.
Since the Jan. 1 attack in New Orleans, NFL Executive Vice President Jeff Miller said the league has redoubled its safety efforts.
“We added resources, and we feel really good about where we are,” Miller told CNBC. More