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He was knocked out by Anthony Joshua after getting knocked down three other times during the heavyweight fight on Dec. 19.

He fell to the canvas on his own accord at least six times during the bout.

And now he has tumbled again — out of the WBA cruiserweight rankings.

Paul, who was ranked No. 14, is absent from the list of updated rankings for contenders issued by the WBA on Dec. 31.

Generally speaking, boxers need to be in the top 15 to qualify for a title fight sanctioned by one of the respective four sanctioning bodies: WBA, WBC, WBO and IBF.

Paul, 28, broke into the WBA’s top 15 after beating Julio Cesar Chavez Jr. by unanimous decision in June. It was the first time he’d been ranked in the top 15 by any of the sanctioning bodies.

Paul, who suffered a broken jaw when Joshua delivered the knockout punch in their highly anticipated fight, said he plans to box again and pursue a world cruiserweight title. But there’s no firm timetable for that after Paul had surgery on Dec. 20.

Paul is 12-2 with seven knockouts.

This post appeared first on USA TODAY

Indiana football made quite an emphatic statement in its College Football Playoff Rose Bowl quarterfinal matchup against No. 9 Alabama.

Behind a three-touchdown afternoon from Fernando Mendoza and some relentless defense, the top-seeded Hoosiers embarrassed the ninth-seeded Crimson Tide 38-3 in ‘The Granddaddy of Them All’ on Thursday, Jan. 1 at the Rose Bowl in Pasadena, California to advance to their first CFP semifinal.

The Hoosiers’ dominant ‘business trip’ to the Rose Bowl made some history, as it is tied for the fourth-largest blowout win in the history of the College Football Playoff and the worst loss Alabama has sustained since 1998. It is the first bowl win for the Hoosiers since the 1991 Copper Bowl.

A 17-0 halftime lead for Indiana quickly snowballed into a 38-3 lead for the Hoosiers following Roman Hemby’s 18-yard rushing touchdown at the 10:33 mark of the fourth quarter. Mendoza’s 1-yard pass to Omar Cooper Jr. with 17 seconds remaining in the second quarter started a four-consecutive drive stretch for the Hoosiers where they scored a touchdown

With its win, Indiana now heads to Atlanta for another date against No. 5 Oregon on Friday, Jan. 9 in the CFP Peach Bowl semifinal, where the Hoosiers will look to beat the Ducks for the second time this season.

Here’s what to know on the biggest blowout win in College Football Playoff history:

What is the biggest blowout win in CFP history?

Georgia owns the record for the biggest blowout win in the history of the College Football Playoff at 58 points against TCU in the 2022-23 CFP Championship game. The Bulldogs surpassed Oregon’s previous record against Florida State in the 2015 Rose Bowl with a 39-point margin win.

With its win in the Rose Bowl, Indiana surpassed Penn State for the record for the biggest blowout win in the 12-team CFP era at 35 points. The Nittany Lions previously held it at 28 points from its 38-10 first-round win over SMU last season at Beaver Stadium in Happy Valley.

Biggest blowout wins in CFP history

Here’s a look at the top 10 biggest blowout wins in the history of the College Football Playoff, including where Indiana’s 35-point win over Alabama ranks amongst them:

  • 1. No. 1 Georgia 65, No. 4 TCU 7 (58 points) (2022-23 CFP Championship game)
  • 2. No. 2 Oregon 59, No. 3 Florida State 20 (39 points) (2014-15 CFP Rose Bowl semifinal)
  • 3. No. 2 Alabama 38, No. 3 Michigan State 0 (38 points) (2015-16 CFP Cotton Bowl semifinal)
  • T-4. No. 1 Indiana 38, No. 9 Alabama 3 (35 points) (2025-26 CFP Rose Bowl quarterfinal)
  • T-4. No. 1 LSU 63, No. 4 Oklahoma 28 (35 points) (2019-20 CFP Peach Bowl semifinal)
  • 6. No. 2 Clemson 31, No. 3 Ohio State 0 (31 points) (2016-17 CFP Fiesta Bowl semifinal)
  • T-7. No. 6 Penn State 38, No. 11 SMU 10 (28 points) (2024-25 CFP First-Round)
  • T-7. No. 2 Clemson 44, No. 1 Alabama 16 (28 points) (2018-19 CFP Championship game)
  • T-7. No. 1 Alabama 52, No. 3 Ohio State 24 (28 points) (2020-21 CFP Championship game)
  • 10. No. 2 Clemson 30, No. 3 Notre Dame 3 (27 points) (2018-19 CFP Cotton Bowl semifinal)

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This post appeared first on USA TODAY

A securities lawsuit involving DeFi Technologies (NASDAQ:DEFT) highlights growing regulatory scrutiny on corporate crypto treasury strategies, signaling risks for investors eyeing similar plays.

While many crypto firms have faced class actions, the difference with the DeFi Technologies case is apparent: it targets operational delays and disclosure risks within a corporate treasury.

Most previous crypto lawsuits have concentrated on more common issues, such as promoter liability, token sales or exchange collapses, which primarily hit platforms and promoters.

Specifically, the DeFi Technologies lawsuit alleges that the company hid delays in its core DeFi arbitrage trading, its main revenue driver, while downplaying competition from rival digital asset treasury firms (DATs).

The class action, which seeks to represent those who purchased or acquired DeFi Technologies shares between May 12 and November 14 of this year, comes after two recent share price drops for the company.

Amid emerging risks in the DeFi space, the governance expert emphasized the need for clear business strategies and disclosures to shareholders, and highlighted the role of independent third-party advisors to protect boards.

DeFi Technologies lawsuit breakdown

Plaintiffs claim that DeFi Technologies misled investors from May to November 2025 by issuing revenue guidance of US$218.6 million, despite arbitrage execution snags and rivals eroding its edge.

The company’s share price fell more than 7 percent on November 6 after it issued an update, then crashed over 27 percent between November 14 and 17. The second decline was triggered by the release of its Q3 results — the firm reported a 20 percent revenue miss, cut its 2025 guidance to US$116.6 million and shifted its CEO to an advisory role.

Unlike typical crypto suits over token sales or exchange collapses, this one targets a corporate treasury’s operational delays in DeFi yield strategies, exposing how arbitrage hiccups and DAT rivals demand precise disclosures.

“I think it’s an indicator that we’re going to see more questions and concerns surrounding the regulatory environment and disclosures, because we kind of hit into uncharted … territory very rapidly,” said Bishara.

The lawsuit arrives amid new fair-value accounting rules, testing board liability for strategy risks before 2026 filings.

Operational value vs. crypto laundering

An emerging concern for regulators and investors is the distinction between companies with genuine transactional components and those using public markets to create artificial liquidity.

Bishara noted that smaller companies divesting from core businesses to pivot toward crypto could become targets for regulatory scrutiny due to a perceived change in control.

From his perspective, firms primarily pursuing a treasury strategy could come under fire for potentially prioritizing short-term stock value and liquidation over the best interests of shareholders.

In these smaller transactions, Bishara suggested that the shift can be viewed as a way to convert illiquid digital assets into US dollars by selling stock in the open market.

“You’re converting something that I can’t really sell, and I can’t really buy a piece of pizza with … and turning it into something that I can buy a piece of pizza with,” the expert explained. “It’s almost like laundering crypto into currency,” he added, clarifying that this is not a one-size-fits-all accusation.

Consequently, he believes investors should look for companies whose underlying business models have operational potential, rather than those focused purely on digital asset transactions.

Board oversight and fiduciary duty

The rapid evolution of DeFi has fundamentally outpaced the regulatory frameworks designed to govern it.

For investors, the DeFi Technologies case underscores the danger of imprecise disclosures around crypto assets, particularly when firms pivot their strategies without clear communication to shareholders.

Bishara observed that as stock volatility triggers these types of lawsuits, corporate boards are being forced to rethink the practical applications of their fiduciary responsibility.

To fulfill their duty to shareholders, the expert argued that boards must engage in active, expert-led evaluation. Engaging independent third-party advisors, such as attorneys or investment bankers, to evaluate crypto treasury deals will insulate and help companies protect themselves in this uncharted territory.

From his perspective, this process effectively transfers some of the risk from board members to advisors.

Bishara further emphasized the importance of documenting the specific evaluation of a transaction in board minutes, noting that if a director disagrees with a crypto strategy, they should “disagree with it in the minutes” in order to ensure that their individual interests are protected.

The need for rigorous board oversight is being driven home by the insurance market. Bishara observed that even if a company’s actual risk profile has not changed, the cost of mitigating risk through Directors and Officers (D&O) insurance is skyrocketing as the number of carriers willing to underwrite these risks has shrunk significantly.

“I am quite certain that we are going to see policy language that specifically discusses or removes some of these potential pieces of liability, specifically in companies that are not insuring for these types of transactions,” Bishara predicted, adding that standard insurance companies will likely add no-crypto clauses to their policies.

“I would definitely expect that more, not from the crypto underwriters, but more from the non-crypto underwriters, to really make sure that they’re not winding up on a risk accidentally,’ he also noted.

For investors, Bishara suggested that a company’s inability to secure affordable D&O insurance should be viewed as a significant red flag regarding the health of its balance sheet.

Investor takeaway

Bishara’s front-row seat to operational crypto-utility and high-frequency transactional modeling has helped shape his view of where the market is headed in 2026 and beyond. While the DAT model dominated the 2024/2025 cycle, he believes the space is rapidly evolving into a new phase of business.

“I think it’s a great space for really exploring how the world is going to evolve and change,” he said.

For investors, the key to long-term value may lie in distinguishing between a company that is simply HODLing, and a firm that is building a transactional component.

Bishara pointed to emerging business models where firms are moving beyond treasury strategies to become operational, transactional companies that use crypto to power everyday transactions.

As the 2026 regulatory and insurance landscape tightens, focus will likely shift away from those chasing short-term stock premiums and toward those using DeFi to build sustainable, potentially undervalued business models.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Josef Schachter, president and author at the Schachter Energy Report, shares his thoughts on oil and natural gas prices, supply and demand in 2026.

‘I think before the cycle is over, the 2007 high of US$147 (per barrel) will be breached, because the industry cannot respond quickly by bringing on new oil,’ he said.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Ohio State coach Ryan Day took over play calling duties for the first time since 2023 for the Buckeyes’ College Football Playoff quarterfinals matchup against Miami, and it didn’t go to plan in the first half.

Day took over the responsibility from offensive coordinator Brian Hartline, who has been pulling double duty in recent weeks after becoming the head coach at South Florida.

Day, of course, is far from inexperienced as a play-caller. He was Ohio State’s offensive coordinator in 2018 before he was promoted to head coach and called plays as head coach from 2019-23 before hiring Chip Kelly last season. The Buckeyes won the 2024-25 CFP national championship with Kelly leading the offense.

Ohio State was held scoreless in the first half against Miami at the Cotton Bowl, gaining 154 total yards, 67 of which came on the final drive of the second quarter before Jayden Fielding missed a 49-yard field goal attempt with a second left. The Buckeyes finally got on the board with a methodical drive in the second half to cut the score to 14-7.

The Buckeyes will certainly hope a few halftime adjustments can flip the script as they face a 14-0 deficit.

Who’s calling plays for Ohio State?

Day is calling plays against Miami in the Cotton Bowl on Dec. 31. Kelly called plays for the Buckeyes in 2024 before receivers coach Brian Hartline was promoted to offensive coordinator in 2025.

Hartline, who’s still coaching at Ohio State throughout the remainder of the CFP, was hired as the next head coach at USF after the regular season, prompting Day to take over as play caller.

‘Right now, as we move forward, (Hartline’s) coaching the receivers,’ Day told reporters in the days leading up to the game. ‘It’s a lot on his plate. It’s a lot to manage. So, we’re kind of taking it day-to-day right now as we move forward. Going into the game, it will be a group effort. … Everybody will be involved with the play calling. Ultimately, it’ll be my decision.’

Ohio State’s offensive struggles aren’t solely on the play-caller. The Buckeyes have been held to 10 points in their last six quarters, dating back to their 13-10 loss to Indiana in the Big Ten Conference Championship game — with Hartline calling plays.

This post appeared first on USA TODAY

  • LSU reeled in Lane Kiffin. Mostly, though, SEC schools hired unproven up-and-comers. Big Ten schools like Michigan and Penn State landed veteran winners.
  • Kyle Whittingham, Matt Campbell and Pat Fitzgerald have a lot of notches on the belt.
  • For SEC to claim victory in this hiring cycle, coaches like Jon Sumrall and Alex Golesh need to prove they’re up to the challenge.

The Big Ten is thriving so far this postseason. (OK, so maybe Southern Cal’s tackling isn’t thriving, but the rest of the B1G is doing just fine.)

With a couple of exceptions, the SEC is wilting.

And what of the coaching carousel? Did the Big Ten club the SEC there, too? You could make that case.

LSU scored the big fish by securing Lane Kiffin. Mostly, though, SEC schools hired promising but largely unproven up-and-comers, while Big Ten schools like Michigan and Penn State landed veteran winners with solid resumes.

On this edition of ‘SEC Football Unfiltered,’ a podcast from the USA TODAY Network, hosts Blake Toppmeyer and John Adams evalute which conference did it better in this hiring cycle.

They also debate which conference has the better complete roster of coaches. And they discuss which SEC schools would have been well-served by hiring Kyle Whittingham, who wound up at Michigan.

Coaching hires in the SEC

  • LSU: Lane Kiffin (Mississippi)
  • Auburn:Alex Golesh (South Florida)
  • Florida: Jon Sumrall (Tulane)
  • Arkansas:Ryan Silverfield (Memphis)
  • Kentucky:Will Stein (Oregon offensive coordinator)
  • Ole Miss: Pete Golding (promoted from defensive coordinator)

Overview: LSU made the splashiest hire of this coaching cycle, plundering Kiffin from a conference rival and luring him away from a playoff team. Elsewhere, three SEC schools hired coaches from the American Conference, while two schools went the coordinator route.

Coaching hires in the Big Ten

  • Michigan:Kyle Whittingham (Utah)
  • Penn State: Matt Campbell (Iowa State)
  • Michigan State: Pat Fitzgerald (formerly at Northwestern)
  • UCLA:Bob Chesney (James Madison)

Overview: This marks a sharp pivot from the SEC’s strategy of raiding the American. UCLA went the Group of Five route with Chesney, but the other three Big Ten schools making hires turned to veterans. Whittingham is the winningest coach in Utah history. Campbell is the winningest coach in Iowa State history. Fitzgerald is the winningest coach in Northwestern history.

Which conference hired better?

Advantage goes to the Big Ten. Bravo to LSU for securing Kiffin, but the rest of the SEC hired less proven coaches than Whittingham, Campbell or Fitzgerald. That doesn’t mean someone like Sumrall or Golesh won’t succeed, but any of the SEC’s hires not named Kiffin seems riskier than someone who’s as accomplished as Campbell.

Which conference has better roster of coaches?

Toppmeyer: The Big Ten has the better full roster of coaches. At the top, the SEC is just as good. I’d put an SEC five-pack of Kirby Smart, Kalen DeBoer, Kiffin, Steve Sarkisian and Josh Heupel up against the Big Ten’s Ryan Day, Curt Cignetti, Dan Lanning, Whittingham and Campbell.

In the middle of the conferences and in the lower-third, I give the nod to the Big Ten. Consider, Bret Bielema (Illinois) probably ranks somewhere in the No. 8 range of the Big Ten’s pecking order of coaches. Bielema beat South Carolina and Tennessee in bowl games in the past two seasons. He’s won 19 games with the Illini the past two years. That’s no small feat, and he’s just one example of the Big Ten’s solid collection of down-ballot coaches.

A few years from now, we might say the SEC’s coaches are as good or better than the Big Ten’s, but we can’t say that now. Too many unproven figures.

Adams: Toppmeyer is right. The Big Ten enjoys the edge.

The SEC remains strong at the top, but it can’t match the Big Ten’s quality in the middle or lower ranks. The Big Ten upgraded its roster of coaches in this hiring cycle. The SEC took ambitious shots on younger candidates. That might work, so we reserve the right to re-evaluate this in a couple of years. For now, I’d take the Big Ten’s coaching roster.

Later in the episode

∎ The hosts unpack the College Football Playoff quarterfinal matchups, including what’s at stake for Kalen DeBoer in Alabama-Indiana and whether Mississippi plays with house money in a rematch with Georgia.

Where to listen to SEC Football Unfiltered

  • Apple
  • Spotify
  • iHeart
  • Google

Blake Toppmeyer is the USA TODAY Network’s national college football columnist. John Adams is the senior sports columnist for the Knoxville News Sentinel. Subscribe to the SEC Football Unfiltered podcast, and check out the SEC Unfiltered newsletter, delivered straight to your inbox.

This post appeared first on USA TODAY

Arch Manning left his best stuff of the season for the Citrus Bowl, and Texas football is sure happy he’s its quarterback for that.

The Texas quarterback took over in the fourth quarter to help the 14th-ranked Longhorns beat Bryce Underwood and No. 17 Michigan in the Citrus Bowl on Wednesday, Dec. 31 at Camping World Stadium in Orlando, Florida. 

The Longhorns’ 41-27 win gives Steve Sarkisian’s squad their second consecutive win over the Wolverines in the last two years, and a victory in their first Citrus Bowl appearance.

Stream Citrus Bowl live with Fubo (free trial)

Manning was fantastic in his first-ever bowl start, finishing with four total touchdowns. He completed 21-of-34 passes for 221 yards with two touchdowns. He also found a good amount of success on the ground with 155 rushing yards and two touchdowns — including an untouched 60-yard score in the fourth quarter— on nine carries. 

The Longhorns end the season with a 10-3 record, while the Wolverines drop to a 9-4 record. 

USA TODAY Sports provided live updates from the game. Follow along for a recap:

Texas vs Michigan live score

This section will be updated

Texas vs Michigan highlights

Final score: Texas 41, Michigan 27

Texas wins Citrus Bowl

Arch Manning and Texas come out with the 41-27 win in the Citrus Bowl against Michigan.

Texas extends lead with field goal

Texas pushes its lead to 14 points with a 51-yard field goal from Mason Shipley. The Longhorns have now outscored the Wolverines 24-10 in the second half alone.

Texas intercepts Bryce Underwood

Ty’Anthony Smith picks up back-to-back interceptions against Bryce Underwood in a matter of drives. It’s the third turnover of the night by the Wolverines.

Texas is just over four minutes away from winning the Citrus Bowl.

Arch Manning scores fourth TD of game

Arch Manning breaks off for a 60-yard rushing touchdown on the first play of the drive to give Texas a 38-27 lead over Michigan. What a fourth-quarter performance by Manning.

Texas intercepts Bryce Underwood

Texas comes up with its second interception of the night on an underthrown pass from Bryce Underwood. This time, it is Ty’Anthony Smith who intercepts Underwood to give the Longhorns the ball back at their own 30-yard line, following an unnecessary roughness penalty, with 5:15 remaining in the fourth quarter.

Arch Manning throws 30-yard TD pass

Arch Manning is in his bag right now, as he throws a dime to Kaliq Lockett on second-and-13 for the 30-yard touchdown pass. Texas reclaims the lead at 31-27 over Michigan with 6:54 left in the fourth quarter.

The scoring drive was nine plays for 75 yards and took 4:02 off the game clock.

Arch Manning picks up first down

Arch Manning!! The Texas quarterback evades Michigan’s blitz perfectly on fourth-and-2 and picks up the first down to extend the Longhorns’ drive with a 15-yard carry. It’s a big-time play by Manning, who is now at 95 rushing yards on the day.

Bryce Underwood TD stands after lengthy review

Michigan keeps Bryce Underwood’s 5-yard rushing touchdown after review to reclaim the lead at 27-24. Video appeared to show the ball coming out of Underwood’s hands before he hit the pylon, but the call was upheld after review. That could be an impactful call by the end of the game.

End of third quarter: Texas 24, Michigan 20

Michigan elects to let the clock run down to end the third quarter. The Wolverines’ decision buys them some extra time to think over their fourth-and-1 decision at the Texas 46-yard line.

Texas intercepts Bryce Underwood, Michigan

Bryce Underwood underthrows a pass to Donaven McCulley on second-and-17, and it falls into the hands of Texas defensive back Wardell Mack. It’s the first real mistake by Underwood on the afternoon, and could be a costly one as Arch Manning and Co. trot back onto the field.

Arch Manning runs for 23-yard TD

Arch Manning puts Texas up 24-20 in the third quarter with a 23-yard rushing touchdown up the middle of the field. It’s an impressive run by Manning, and a play that a member of the Manning clan isn’t known to make given the lack of mobility his uncles Peyton and Eli showed in the NFL. He is now at 72 rushing yards on six carries on the day.

The scoring drive was nine plays for 80 yards and took 3:05 off the game clock.

Michigan takes lead with FG

Dominic Zvada redeems himself for a missed field goal before halftime with a 31-yard field goal to begin the second half. Zvada’s kick ends a 12-play drive that went for 41 yards and took 5:13 off the game clock for the Wolverines.

Michigan was unable to come up with the touchdown on the drive despite multiple attempts into the end zone from Bryce Underwood. The Wolverines’ best chance for that came on third-and-2 when Underwood’s pass to Marlin Klein was broken up in the end zone at the last second by a Texas defender.

Michigan starts second half with good field position

Andrew Marsh returns the second half opening kickoff 43 yards to give Michigan a strong starting field position at its own 46-yard line.

End of first half: Michigan 17, Texas 17

Michigan misses field goal attempt

Texas’ miscommunication ends up not hurting the Longhorns, as Dominic Zvada misses the 45-yard field goal attempt as time expires in the first half of the Citrus Bowl. The Longhorns and Wolverines head into the locker room tied at 17.

Texas punts following snap miscommunication

Texas center Cole Hutson snaps the ball while Arch Manning was looking to the sideline, resulting in a loss of 22 yards as the QB can only jump on it. That takes the Longhorns out of field goal range just before halftime and, even worse, gives Michigan a chance to get some points.’

Michigan, Texas trade stops

After five consecutive scoring drives, both teams exchange punts as their defenses get third-down stops. Bryce Underwood trots back out with the Wolverines offense at their own 11-yard line with 4:52 remaining until halftime in a tied 17-17 game.

Arch Manning throws TD pass to tie game

Arch Manning delivers a 17-yard pass to a wide-open Jack Endries in the end zone for his 25th touchdown pass of the season. It’s another well-constructed and poised drive by Manning, who is now 12-of-18 passing for 134 yards and a touchdown on the day.

Both teams have scored 21 points in the second half. Got a fun one brewing in Orlando!

Bryce Underwood throws TD pass

Bryce Underwood hits Andrew Marsh with a quick throw for a 4-yard touchdown pass to give Michigan the quick response to Texas’ touchdown score. It’s the fourth touchdown catch for Marsh on the season.

The Wolverines have now scored on each of their last three drives since starting the game with a punt. Underwood looks to be playing rather free and loose to begin this one, as he has two touchdown passes and 121 total yards of offense.

Texas ties game with Christian Clark TD

Texas responds to Michigan’s touchdown with a 3-yard rushing touchdown from Christian Clark, who is getting action with Quintrevion Wisner and CJ Baxter both opting out of the game. The scoring drive was 11 plays for 75 yards and took 4:32 off the game clock.

Arch Manning set Clark’s score with a pickup of 19 yards on a quarterback keeper on fourth-and-1. Texas ties the game at 10-10 with 13:43 remaining in the second quarter.

End of first quarter: Michigan 10, Texas 3

Arch Manning picks up three yards on a quarterback scramble for the final play of the first quarter. The Longhorns quarterback surpassed the 3,000 passing yard mark on the season two plays earlier with a 20-yard pass to Emmett Mosley V.

The Longhorns will start the second quarter with the ball on the Wolverines’ 27-yard line down 10-3.

Michigan takes lead on Bryce Underwood TD pass

It appears that Michigan had a touchdown called back, but after review, Bryce Underwood gives Michigan its first lead of the game with a 19-yard touchdown pass to Kendrick Bell. It’s an impressive catch by Bell in the end zone.

Michigan recovers fumble on Texas kickoff return

Michigan comes away with its first takeaway of the afternoon, and it comes on special teams as Cole Sullivan lands a big hit on Ryan Niblett to force the ball out of his hands on the kickoff return. The Wolverines take over deep in the Longhorns’ territory.

Michigan ties game with field goal

Dominic Zvada hits the 53-yard field goal attempt to tie the game at 3-3 with 4:01 remaining in the first quarter. The scoring drive was eight plays for 40 yards and took 3:49 off the game clock.

Michigan forces punt in response

Now Michigan forces a Texas three-and-out. The Longhorns put themselves into third-and-1 but go backwards, and Michigan will start on its own 25-yard line.

Promising Michigan drive ends in punt

Michigan gets a first down and gets into Texas territory, but the next series of downs ends in disaster with a false start, a tackle for a loss, and a sack. Michigan is forced to punt, and Texas returns the ball just past the 20-yard line where it will begin its next possession.

Texas hits field goal to take early lead

Texas puts together a nice drive to start the game, but it sputters in Michigan territory. Mason Shipley hits a field goal to make it a 3-0 Texas lead after the opening series.

Michigan wins coin toss, elects to defer

Texas will get the ball first, as Michigan wins the coin toss and elects to defer. Arch Manning will begin the game against the Michigan defense.

Pregame

Michigan, Texas take the field

Michigan and Texas are nearly underway, as both sides take the field.

Is Bryce Underwood playing today?

True freshman Bryce Underwood is getting the start of Michigan on Dec. 31.

The quarterback has had his ups and downs in his first season with Michigan, throwing for 2,229 yards, nine touchdowns and six interceptions. He has been stymied by elite defenses so far this year, so Texas will be an interesting litmus test for the young QB.

Sherrone Moore fired, revisited 

Michigan fired Sherrone Moore with cause on Dec. 10 after a university investigation found credible evidence that Moore was having an inappropriate relationship with a staff member.

The ex-Wolverines coach was then detained by police on Dec. 10 after the Pittsfield Township Police Department — with the reported help of the Saline Police Department — responded at 4:10 p.m. ET ‘for the purposes of investigating an alleged assault.’ He was then charged on Dec. 12 with felony third-degree home invasion, misdemeanor stalking-domestic relationship, and misdemeanor breaking and entering.

In court, prosecutor Kati Rezmierski alleged that Moore entered the home of a woman he had a relationship with, grabbed butter knives and scissors from a kitchen drawer and threatened to harm himself. The police report also stated Moore and the victim engaged in a verbal argument that escalated to Moore threatening self-harm.

He posted his $25,000 bond on Dec. 12, and is set to return to court on Jan. 22. 

Who’s coaching Michigan in Citrus Bowl? 

Associate head coach Biff Poggi will serve as the Wolverines’ interim head coach in the Citrus Bowl against Texas. It will be the third game this season that Poggi will serve as the interim head coach, as he coached Michigan in Week 3 and Week 4 while ex-Wolverines coach Sherrone Moore served a two-game, self-imposed suspension for his involvement in the Connor Stalions sign-stealing scandal. 

Is Arch Manning going to the NFL draft? 

No, Manning will not declare for the NFL draft following the Citrus Bowl, as he is set to return to the Longhorns for the 2026 college football season. 

Arch Manning’s father, Cooper Manning, confirmed his son’s decision in a text message to ESPN’s Dave Wilson on Monday, Dec. 15.

‘Arch is playing football at Texas next year,’ the text to ESPN read.

Michigan-Texas series history 

  • Series record: Texas leads 2-0
  • Texas’ last win: 2024 (31-12)
  • Michigan’s last win: N/A

Wednesday’s Citrus Bowl is the third overall meeting between Michigan and Texas. The Longhorns took a 2-0 lead in the all-time series record with a 31-12 win over the Wolverines in Ann Arbor last season. 

What time does Texas vs Michigan start?

  • Date: Wednesday, Dec. 31
  • Time: 3 p.m. ET
  • Where: Camping World Stadium (Orlando, Fla.)

Texas and Michigan are set for a 3 p.m. ET on Wednesday, Dec. 31 in the Citrus Bowl at Camping World Stadium in Orlando, Florida.

What TV channel is Texas vs Michigan on today?

  • TV channel: ABC
  • Streaming options: Fubo (free trial)

ABC will broadcast the Citrus Bowl between Texas and Michigan on Dec. 31. Mark Jones and Roddy Jones will broadcast the game from the booth at Camping World Stadium, with Alyssa Lang reporting from the sidelines

Streaming options for the game include Fubo, which carries the ESPN family of networks and offers a free trial to new subscribers.

Stream Citrus Bowl live with Fubo (free trial)

Texas vs Michigan predictions in Citrus Bowl

Here’s who experts within the USA TODAY Sports Network picked to win the Citrus Bowl:

  • Matt Hayes: Texas
  • Jordan Mendoza: Texas
  • Paul Myerberg: Texas
  • Erick Smith: Texas
  • Eddie Timanus: Texas
  • Blake Toppmeyer: Texas

Texas vs Michigan odds, spread for Citrus Bowl

Odds courtesy of BetMGM as Tuesday, Dec. 30

  • Spread: Texas -7
  • Over/under: 48.5
  • Moneyline: Texas (-300) | Michigan (+250)

Texas football opt-outs for Citrus Bowl vs Michigan

Here’s a look at the Texas opt-outs for the Citrus Bowl, according to Longhorn Wire:

NFL draft

  • LB Anthony Hill Jr.
  • DB Michael Taaffe
  • DB Malik Muhammad
  • DB Jaylon Guilbeau
  • EDGE Ethan Burke
  • LB/DE Trey Moore

Transfer portal

  • RB Quintrevion Wisner
  • RB CJ Baxter
  • WR DeAndre Moore
  • QB Trey Owens
  • WR Aaron Butler
  • CB Santana Wilson
  • OL Connor Stroh
  • DT Melvin Hills III
  • DB Derek Williams Jr.
  • LB Liona Lefau
  • RB Jerrick Gibson
  • K Will Stone

Michigan football opt-outs for Citrus Bowl vs Texas

Here’s a look at the Michigan opt-outs for the Citrus Bowl, according to Tony Garcia of the Detroit Free Press, part of USA TODAY Network:

  • EDGE Derrick Moore (NFL draft)
  • LB Jaishawn Barham (NFL draft)
  • OL Gio El-Hadi (NFL draft)

Note: The Wolverines will also be without Justice Haynes (season-ending injury) and Ernest Hausmann (personal matter) for the Citrus Bowl.

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The United States’ three-peat bid had a setback as the Americans lost for the first time at the world junior hockey championship.

The USA was unable to handle Sweden’s speed or special teams in a tough second period and lost 6-3 on Wednesday, Dec. 31. As a result, Sweden won Group A and will face Latvia in Friday’s quarterfinal. The USA will have a tougher opponent in Finland.

Coach Bob Motzko went with 17-year-old Brady Knowling in net and he looked good in allowing only one Sweden goal in the first period. The second period was a different story as Sweden capitalized on chances off the rush.

Eddie Genborg had two power play goals and Lucas Pettersson also scored twice, once while short-handed, for a 5-1 lead.

Notre Dame’s Nick Kempf replaced Knowling in net at the start of the third period and could end up being the USA goalie for the quarterfinal.

The USA had goals from Chase Reid, Will Zellers and Teddy Stiga and pulled within 5-3. But potential top draft pick Ivan Stenberg scored on a two-man advantage for a 6-3 lead.

“We have to clean up the turnovers and that’s something we’ll focus on as we get set for our quarterfinal game,’ Motzko said.

The USA, which had beaten Germany, Switzerland and Slovakia earlier in the tournament, were playing without top defenseman Cole Hutson. He’s day-to-day after being hit by a puck and leaving the ice on a stretcher in the Switzerland game. Injured Max Plante also missed the game and is day-to-day.

Canada vs Finland

USA TODAY will also provide updates on Canada vs. Finland, which will determine the U.S. opponent and three quarterfinal matchups.

Final score: Canada 7, Finland 4

Canada wins Group B and will face Slovakia in the quarterfinals. Finland finishes third and will face the USA. Sweden-Latvia and Czechia-Switzerland are the other quarterfinals.

Canada adds empty-netter

Cole Beaudoin repays the favor and feeds Sam O’Reilly, who scores an empty-netter. Beaudoin passes up a chance at a hat trick. Canada 7, Finland 4

Canada restores two-goal lead

Cole Beaudoin scores his second of the game, tipping in a pass from Sam O’Reilly. Canada 6, Finland 4

Third period underway

5-4 Canada.

Canada-Finland score after two periods

Canada leads 5-4. If this holds up, Canada will win Group B and face Slovakia, Finland will finish third and face the USA. Czechia would face Switzerland.

Finland quickly responds

Roope Vesterinen takes advantage of a turnover to pull Finland within a goal. Canada 5, Finland 4

Canada goes up by two

Cole Beaudoin gives Canada a two-goal lead with less than three minutes left in the second period. Canada 5, Finland 3

Canada goes ahead

Zayne Parekh finds Tij Iginla with a long up-ice pass, and the forward scores on a breakaway. Canada 4, Finland 3

Canada-Finland score after one period

It’s 3-3. Brady Martin scored his second goal of the game to give Canada a 3-2 lead. But Finland’s Lasse Boelius tied it up. Canada’s Carter George and Finland’s Petteri Rimpinen are in net.

USA vs Sweden highlights

Up next for the USA

That’s not known yet. It will depend on the Finland-Canada score in the late game. If Canada wins, the USA will face Finland, its opponent from the 2025 final. If Finland wins, the USA will face Czechia. Canada was leading 2-1 after five minutes of the first period, though Finland just tied it up. We’ll keep you posted on that score.

Sweden will face Latvia.

Players of the game

USA’s Will Zellers and Sweden’s Lucas Pettersson.

Final score: Sweden 6, USA 3

The USA suffers its first loss of the tournament. Sweden improves to 4-0 and will face Latvia in Friday’s quarterfinal. The USA will face either Czechia or Finland.

USA pulls goalie

They have a two-man advantage with Sweden’s Sascha Boumedienne in the penalty box for delay of game. Penalty is killed.

Four minutes left

6-3 Sweden. 40-27 lead in shots by Sweden.

USA power play

Leo Sahlin Wallenius is called for interference. Sweden kills the penalty. Less than nine minutes left.

Sweden scores on power play

Sweden moves the puck around well, and Ivar Stenberg scores with one second left on the two-man advantage. USA kills off the rest of the second penalty. Sweden 6, USA 3

Sweden two-man advantage

AJ Spellacy is called for an illegal check to the head of Sweden’s Lucas Pettersson, who was shaken up on the play.

Team USA injury, penalty

Luke Osburn skates off the ice after being checked into the referee. He’s also called for delay of game for putting the puck over the glass. He’s able to serve the penalty.

USA strikes quickly on power play

Teddy Stiga scores on a deflection 16 seconds into the power play. LJ Mooney and Ryker Lee get the assists. Sweden 5, USA 3

USA power play

Lucas Pettersson is called for interference.

Third period underway

5-2 Sweden. If this holds up, the Swedes would win Group A and face Latvia.

USA goalie change

Nick Kempf is in net for the third period.

End of second: Sweden 5, USA 2

Not a good period by the USA and a great one by Sweden. The Swedes showed a lot of speed in that period and didn’t let up after the USA cut its deficit to 3-1. Eddie Genborg and Lucas Pettersson scored twice in the period. But the USA got a late goal and trail by three heading into the third period.

USA save

Brady Knowling stops Lucas Pettersson on a breakaway, preventing him from getting a hat trick.

USA responds with a goal

Will Zellers scores his fifth goal of the tournament. Sweden’s Love Harenstam stops James Hagens’ initial shot and Brodie Ziemer’s rebound but can’t stop Zellers. Sweden 5, USA 2

Sweden making it a rout

Sweden connects again on the power play. Eddie Genborg scores his second man-advantage goal of the game. Sweden 5, USA 1

Sweden power play

Logan Hensler is called for interference

Sweden scores short-handed

The USA turns over the puck and Lucas Pettersson skates down the ice and scores from almost the same as he did on the third goal. Sweden 4, USA 1

USA power play

Goalie Love Harenstam is called for embellishment. He falls exaggeratedly after Will Zellers makes light contact.

Midway through second period

Score is 3-1 Sweden. Shots are 15-15.

Chase Reid scores for USA

The USA gets several chances late in the power play and the puck comes back to Chase Reid, who scores on a snap shot. Sweden 3, USA 1

USA power play

Eric Nilson is called for tripping. The USA scored its lone two power play goals of the tournament in the last game against Slovakia.

Sweden scores again

Sweden gets a second consecutive goal off the rush. Lucas Pettersson scores on a perfect shot from the right faceoff circle. Sweden 3, USA 0

Sweden adds to lead

Eddie Genborg takes a pass from Liam Danielsson and beats Brady Knowling, who nearly got over in time. The puck goes in and out so fast that it wasn’t called a goal right away. Sweden 2, USA 0

Sweden power play

Ryker Lee is called for goaltender interference.

Sweden saves

Love Harenstam has made a couple saves off his mask in this game.

Second period underway

1-0 Sweden.

End of first: Sweden 1, USA 0

USA had a few flurries and Ryker Lee was stopped in front after stealing a puck, but Sweden played pretty well defensively to keep the U.S. off the scoreboard. USA goalie Brady Knowling, 17, also played well. Sweden’s goal went in off a U.S. defenseman’s skate. Shots are 10-10.

Sweden scores first

Sweden’s Casper Juustovaara gets a good bounce when his pass through the crease goes in off USA defenseman Logan Hensler’s skate at 9:17. This is the second consecutive game in which the USA has allowed the first goal. Sweden 1, USA 0

Scoreless so far

USA hits the post. Shots are 3-3.

Game underway

Goalie matchup is USA’s Brady Knowling, a 17-year-old, vs. Sweden’s Love Harenstam.

What channel is USA vs. Sweden world juniors hockey game today?

TV channel: NHL Network

Livestream: Fubo, which offers a free trial to new subscribers, or Sling TV.

Watch world junior championships on Fubo

What time is USA vs. Sweden world juniors hockey game today?

Date: Wednesday, Dec. 31

Time: 6 p.m. ET (5 p.m. local time)

The game is scheduled to start at 6 p.m. ET (5 p.m. local time) at the Grand Casino Arena in Saint Paul, Minnesota, the home of the Minnesota Wild.

World juniors USA vs Sweden: How to watch, stream

Time: 6 p.m. ET on Wedneday, Dec. 31

Location: Grand Casino Arena (Saint Paul, Minnesota)

TV: NHL Network

Streaming: Fubo and certain levels of Sling TV carry NHL Network.

Today’s world juniors hockey schedule

All times p.m. ET

Dec. 31

  • Switzerland 3, Slovakia 2: Loris Wey and Mike Aeschlimann scored power-play goals after Tobias Tomik received a double minor for high sticking in the first period. Kevin Haas’ second period goal ended up being the game-winner as Slovakia scored twice in the last 13 minutes. Switzerland finishes third and Slovakia fourth in Group A. The Swiss will face the Canada-Finland loser and Slovakia will face the winner.
  • Czechia 4, Latvia 2: Vaclav Nestrasil had a goal and an assist as Czechia moved up to second in Group B. They would fall back to third if Finland beats Canada in the late game.
  • USA vs. Sweden, 6
  • Canada vs. Finland, 8:30

Brady Knowling starting for USA

The 17-year-old plays for the U.S. National Team Development Program.

USA, Sweden lineups

USA vs Sweden history

The USA and Sweden are meeting for the 38th time in the tournament. The Americans have won 19 times to Sweden’s 17, with two ties. The U.S. has won seven of the last 10 games and beat Sweden 6-2 in the 2024 gold-medal game.

Max Plante injury update

USA forward Plante will miss the Sweden game with an undisclosed injury. He’s listed as day-to-day.

Cole Hutson injury update

Hutson, who has been out since the Switzerland game after he was hit in the head by a shot, has been ruled out of the Sweden game. He remains day-to-day.

USA players to watch

Will Zellers leads the USA with four goals and six points. He has the game-winning goal in the first three games. James Hagens (Bruins), AJ Spellacy (Blackhawks) and Brodie Ziemer (Sabres) have four points apiece.

Sweden players to watch

Blackhawks prospect Anton Frondell has three goals and five points. He was drafted No. 3 overall in 2025. Viggo Bjorck, eligible for the 2026 NHL draft, also has three goals. Ivar Stenberg, who’s challenging to be the top of the draft, has a goal and two assists.

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Sweden avenged its 2024 gold-medal loss to the United States with a 6-3 victory on New Year’s Eve.

Now if the USA is going to pull off a three-peat at the world junior hockey championship, it will have to find a way to get past 2025 gold medal game opponent Finland in the quarterfinals.

The USA could have faced Latvia if it had beaten Sweden and won Group A. Instead the American loss set up a rematch of last year’s title game. Finland and the United States split their meetings in the 2025 tournament, though the USA won the most important one.

Canada won Group B by defeating Finland in the late game Wednesday night.

Here’s the quarterfinal schedule and how to watch the world junior hockey championship:

World juniors hockey quarterfinal schedule

Jan. 2

(All times Eastern)

  • Sweden vs. Latvia, 2
  • Czechia vs. Switzerland, 4:30
  • USA vs. Finland, 6
  • Canada vs. Slovakia, 8:30

Note: Germany and Denmark will play at 12:30 p.m. in the relegation game.

How to watch the world junior championships

The USA’s games and others will be shown on NHL Network in the United States. TSN will broadcast the tournament in Canada.

How to stream the world junior championships

Watch world junior championships on Fubo

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(TheNewswire)

 

Vancouver, British Columbia TheNewswire – December 31st, 2025 Prismo Metals Inc. (‘Prismo’ or the ‘Company’) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that further to its news release December 3, 2025, the Company has proceeded with an upsized closing (the ‘Closing’) of its previously announced non-brokered private placement of units of the Company (‘Units’) at an issue price of $0.10 per Unit (the ‘Private Placement’). The Closing consisted in the issuance of 2,940,000 Units for gross proceeds of $294,000.

‘With the exception of one investor, every subscriber in this last closing is a new shareholder of Prismo,’ said Alain Lambert CEO of Prismo. ‘Our immediate priority is to undertake our fully funded drill program, as previously announced. This drill campaign will focus primarily on the historic Silver King mine site and will be for a minimum of about 1,000 meters. The objective is to test the upper half of the steeply dipping pipelike Silver King mineralized body as well as potential mineralization adjacent to the dense stockwork that was the focus of historic mining.’

The Company previously announced the first closing of the Private Placement on November 12, 2025 for aggregate gross proceeds of $1,745,000 and a second closing of the Private Placement on December 2, 2025 for aggregate gross proceeds of $165,000. Due to strong investor demand, the Company has now raised aggregate gross proceeds of $2,204,000 through the sale of an aggregate of 22,040,000 Units.

Each Unit consists of one common share in the capital of the Company (a ‘Share‘) and one common share purchase warrant of the Company (a ‘Warrant‘). Each Warrant entitles the holder to purchase one Share for a period of thirty-six (36) months from the date of issue at an exercise price of $0.175.

The Company intends to use the net proceeds of the Private Placement primarily for drilling at its Silver King project and for general corporate purposes. There may be circumstances, however, where, for sound business reasons, a reallocation of funds may be necessary. The Company expects to accept additional subscriptions of Units from new shareholders in the coming days for an approximate amount of $75,000.

The Units issued pursuant to the Closing are subject to a four-month hold period from the closing date of the Closing under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada.

In connection with the Closing, the Company issued an aggregate of 185,200 finder’s warrants (the ‘Finder’s Warrants’) and paid finder’s commissions of $18,520 to a certain qualified finder. Each Finder’s Warrant is exercisable for a period of twenty-four (24) months from the date of issuance to purchase one Share at a price of $0.10. In addition, the Company paid a cash fee of $7,000 to a financial advisor.

The securities being issued in connection with the Closing have not been and will not be registered under the U.S. Securities Act and may not be offered or sold in the United States, or to, or for the account or benefit of, U.S. persons or persons in the United States, absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

About Prismo Metals Inc.

Prismo (CSE: PRIZ,OTC:PMOMF) is a mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

Please follow PrismoMetals on Twitter, Facebook, LinkedIn, Instagram, and YouTube

Prismo Metals Inc.

1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6 Phone: (416) 361-0737

 

Contact:

Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

Gordon Aldcorn, President gordon.aldcorn@prismometals.com

 

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’ or ‘anticipates’, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. This information and these statements, referred to herein as ‘forward-looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: the timing, costs and results of drilling at Silver King; the intended use of any proceeds raised under the Closing; and the completion of an additional tranche.

These forward-looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: the potential inability of the Company to utilize the anticipated proceeds of the Private Placement as anticipated; the potential inability of the Company to complete an additional tranche on the terms disclosed, or at all; and those risks set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.com) under the Company’s issuer profile.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will use the proceeds of the Closing as currently anticipated and on the timeline currently expected; and that the Company will complete an additional tranche.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward- looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

 

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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