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The Christmas Day showcase for the defending NBA champions this year featured one of the few teams to actually beat them this season, and still the Thunder remain winless against them.

The San Antonio Spurs defeated the Oklahoma City Thunder 117-102 on the road to hand a lump of coal to the home crowd on Christmas.

The Spurs haven’t just beaten the Thunder this year, they’ve throughly dominated them, and have won every matchup the two teams have had this year. Three of Oklahoma City’s five losses have come against these Spurs, which has to have Thunder fans shaking in their boots.

Oklahoma City suffered its second largest loss of the season – a 15-point defeat at the hands of the Spurs – who handed the Thunder their largest loss of the year just two days prior.

Despite Victor Wembanyama coming off the bench in this game as well, the big man still had a massive impact, recording 19 points and 11 rebounds. De’Aaron Fox led all scorers with 29 points, while Harrison Barnes continued to provide veteran aggressiveness in a showdown between two of the youngest teams in the league. Barnes added 15 points of his own, giving him 35 over the team’s last two games against OKC.

Here’s what happened during the NBA’s Christmas Day game between the Oklahoma City Thunder and San Antonio Spurs:

Spurs vs. Thunder highlights

Spurs vs Thunder final player stats

Spurs scoring leaders

  • De’Aaron Fox 29 points, Stephon Castle 19 points, Victor Wembanyama 19 points

Spurs rebound leaders

  • Victor Wembanyama 11, Keldon Johnson 7

Thunder scoring leaders

  • Shai Gilgeous-Alexander 22 points, Isaiah Hartenstein 12 points, Alex Caruso 12 points

Thunder rebound leaders

  • Isaiah Hartenstein 12, Chet Holmgren 12

Spurs vs Thunder final team stats

  • FG%: Spurs 54%, Thunder 39%
  • 3PT%: Spurs 38%, Thunder 28%
  • FT%: Spurs 76%, Thunder 68%
  • Rebounds: Spurs 49, Thunder 48
  • Assists: Thunder 23, Spurs 20
  • Turnovers: Thunder 7, Spurs 12
  • Steals: Thunder 7, Spurs 3
  • Blocks: Thunder 6, Spurs 4

FINAL: Spurs 117, Thunder 102

The San Antonio Spurs (23-7) scored their third consecutive victory against the reigning NBA champions this season and moved to just 2.5 games behind the Oklahoma City Thunder (26-5) at the top of the Western Conference standings.

Thunder hot to start fourth

Less than two-and-a-half minutes into the fourth, the Thunder have found a groove. The reigning champs have rattled off six straight points to begin the quarter, and have been gathering offensive rebounds as well to reduce San Antonio’s lead to just 10 points.

The Thunder were so dominant in that short stretch that the Spurs were forced to use a timeout. Hopefully that small break will be enough to shift the momentum back in the Spurs’ favor.

End Q3: Spurs 95, Thunder 79

The San Antonio Spurs continued to take advantage of OKC’s offensive woes. The Thunder really struggled with the three-ball in the third quarter, particularly Alex Caruso who finally hit his first field goal of the afternoon with just over a minute left in the quarter.

The Spurs have dominated pace of play, forcing several bad shots from OKC and not letting the Thunder get away with committing offensive fouls. The Spurs find themselves up 16 heading into the final quarter. De’Aaron Fox leads all scorers with 25.

Spurs take advantage of OKC offensive struggles

On three of OKC’s last four offensive possessions, the Thunder have turned the ball over due to offensive fouls. Jalen Williams committed two of them, with Isaiah Hartenstein committing the final foul.

The only other possession in that span wasn’t much prettier, requiring two offensive rebounds by Hartenstein before Williams could cap the possession off with a midrange floater.

San Antonio has taken advantage of these offensive flubs, extending their lead to 17. Spurs lead 85-68.

Spurs vs. Thunder halftime stats

  • FG%: Spurs 61.4, Thunder 47.9
  • FT%: Spurs 61.5, Thunder 57.1
  • 3PT%: Spurs 43.8, Thunder 33.3
  • Rebounds: Spurs 25, Thunder 29
  • Assists: Spurs 12, Thunder 12
  • Turnovers: Spurs 6, Thunder 4
  • Blocks: Spurs 3, Thunder 1

End Q2: Spurs 69, Thunder 60

After a solid first quarter, one that ended with an 11-0 San Antonio run, the Spurs have built a solid lead headed into halftime.

Oklahoma City’s shooting cooled in the second period, and the defensive impact Victor Wembanyama created can’t be overlooked. Though he recorded just 1 block in the quarter, Wembanyama’s presence down low constantly affected the shots the Thunder tried to take in the paint and near the rim.

That was compounded by Oklahoma City’s inefficient shooting from downtown in the period; the Thunder made just two of their eight 3-point shot attempts in the second. This is the issue when playing the Spurs: when scoring in the low block becomes difficult, making perimeter shots becomes essential.

Thunder guard Alex Caruso, in particular, has struggled from deep, failing to hit any of his eight shots from 3-point range.

Shai Gilgeous-Alexander spent a chunk of the period on the bench, but he has been the most consistent OKC player, scoring 16 points.

De’Aaron Fox continues to lead the Spurs in scoring with 21 points. Stephon Castle has added 13 points and 4 assists. Victor Wembanyama has added 9 points and 6 rebounds.

End Q1: Spurs 41, Thunder 36

After a thrilling finish in the first Christmas Day game, the Spurs and Thunder picked things right up in the second leg of the slate, though it was the Spurs who ended the period on an 11-0 run.

Both teams played quick and loose, which allowed consistent shot-making to follow; both teams combined to shoot a ridiculous 30-of-48 (62.5%) from the floor in the first period.

The numbers were also impressive from beyond the arc: (9-of-18; 50%).

Spurs guard De’Aaron Fox set the tone early and knocked down 5-of-6 shots to lead all players with 13 points. Fellow Spurs guard Stephon Castle added 9 points.

Victor Wembanyama (calf strain) came off the bench as San Antonio continues to manage his minutes  and played 4:08 in the first period, scoring 5 points and collecting 1 rebound. He was active and physical and appeared to frustrate OKC players.

The Thunder were led by Shai Gilgeous-Alexander and Jalen Williams, each of whom had 9 points.

Is Victor Wembanyama playing vs Thunder

Spurs star Victor Wembanyama is not starting San Antonio’s Christmas Day contest, but he’s available to come off the bench. The team has made it clear they’re managing his minutes since he strained his left calf on Dec. 13.

Jalen Williams off to fast start

Thunder guard Jalen Williams has made all three of his shot attempts in the early going as the Thunder have jumped out to an 18-12 lead with 8:10 to go in the first quarter.

OKC is currently on a 10-2 run.

What time is Spurs vs. Thunder Christmas game today?

The Oklahoma City Thunder will host the San Antonio Spurs in one of five NBA on Christmas games on Thursday, Dec. 25 at 2:30 p.m. ET. The game will take place at the Paycom Center in Oklahoma City, Oklahoma.

Watch NBA Christmas games with Fubo

How to watch Spurs vs. Thunder NBA Christmas game: TV, live streaming

The game between the Oklahoma City Thunder and San Antonio Spurs will be broadcast nationally on ABC and ESPN and can be live streamed via Fubo.

  • Date: Dec. 25, 2025
  • Time: 2:30 p.m. ET
  • Location: Paycom Center (Oklahoma City, Oklahoma)
  • TV: ABC, ESPN
  • Streaming: ESPN Unlimited, Fubo

Spurs vs. Thunder odds

The Oklahoma City Thunder are favored to beat the San Antonio Spurs, according to DraftKings odds as of Dec. 24.

  • Line: Thunder -9.5
  • Over/under: 232.5

Spurs starting lineup

This post appeared first on USA TODAY

Lakers guard Austin Reaves’ night ended early as he was ruled out for the remainder of Los Angeles’ Christmas Day game against the Houston Rockets due to ‘left calf soreness.’

Reaves had missed three straight games for the Lakers, from Dec. 14-20, due to a calf strain. He returned to the lineup on Dec. 23, playing nearly 22 minutes off the bench.

The fifth-year guard was back in the starting lineup on Thursday, but his night ended after 15 minutes of play. He did manage to score 12 points in his time on the court, going 5-for-8 from the field.

Marcus Smart was on the court in place of Reaves when the second half began.

Reaves entered the Lakers’ Christmas contest averaging 27.3 points, 5.4 rebounds and 6.5 assists per game.

‘Austin clearly felt something,’ Lakers coach JJ Redick said after the game. Redick did not have any further updates for reporters.

This post appeared first on USA TODAY

The Dallas Cowboys already own Thanksgiving. This year, they owned Christmas.

Dallas took down the Washington Commanders, 30-23, in the first of three games on Christmas Day in 2025. The Cowboys leaned heavily on their run game against a Washington front missing Daron Payne, gashing them for 211 yards on the ground to earn their seventh win of the season.

The Commanders put up an admirable fight despite injuries to Payne, quarterbacks Jayden Daniels and Marcus Mariota, left tackle Laremy Tunsil, and running back Chris Rodriguez, who was dealing with an illness. Their defensive struggles against Dallas’ run game doomed Washington to its 12th loss of the season.

Each team has one game left to play against another divisional rival — the Cowboys play the Giants on the road; the Commanders travel to Philadelphia — in Week 18. They’ll both head into long offseasons after missing the playoffs this year.

Here’s how the Cowboys’ Week 17 Christmas win went down as USA TODAY Sports provided live updates for the first game in the holiday triple-header:

Cowboys at Commanders takeaways from Christmas game

  • Brian Schottenheimer does not care about your fantasy football matchup. During the week of most leagues’ championship matchups, the Cowboys’ top two receivers — CeeDee Lamb and George Pickens — combined for eight catches, 103 yards and zero touchdowns. Dallas leaned a lot more heavily on its run game with four different rushers accumulating a total of 190 yards and a touchdown on 38 combined carries — averaging five yards per carry. Malik Davis led the way with 90 yards on 17 carries.
  • The Cowboys will have to spend this offseason overhauling their defense. Dallas’ secondary made a 39-year-old Josh Johnson look like he deserved to be starting all season long at some points of the game — yet it was his first start since 2021 and just the 10th start of his career. The Commanders’ third-string quarterback finished with 198 yards and a passer rating of 92.3 while only taking [one sack], and Washington’s offense mostly kept up with Dallas’ scoring efforts. The Cowboys’ offense ranks second in yards per game (393.1 on average) and fifth in points scored (28.3 per game). Yet Dallas was eliminated from the playoffs by Week 16. An upgraded defense could get the Cowboys back on track for another playoff push in 2026.
  • Deebo Samuel was playing like a pending free agent hungry for his next payday. Which he is. Samuel didn’t get many touches, but each one of them stood out. He finished the game with two catches for 68 yards and 2 carries for 25 more scrimmage yards. Each time Samuel had the ball, he looked fast, took on would-be tacklers and trucked a couple of them to tack on more yards after contact on several of his touches. Outside of rookie running back Jacory Croskey-Merritt — who had more than 100 yards and two touchdowns in the game — Samuel was Washington’s biggest standout on offense throughout their Christmas clash with the Cowboys.

Commanders vs. Cowboys highlights

Cowboys vs. Commanders final score: Dallas 30, Commanders 23

Cowboys vs. Commanders score update: Jake Moody knocks through 51-yard field goal

Commanders head coach Dan Quinn opted to be strategic with his possession and time left, asking his kicker to attempt a field goal on third down with just over two minutes left. That will force an additional clock stoppage during the Cowboys’ next possession while Washington can hang onto its three timeouts while on defense.

Moody’s longest field goal attempt of the day went through the uprights like his first two, drawing the Commanders within seven points. It’s 30-23 Cowboys at the two-minute warning. The Cowboys have the ball at their own 33-yard line.

Cowboys vs. Commanders score update: Brandon Aubrey hits second 50+ yard field goal

Aubrey missed a 58-yard field goal on the Cowboys’ previous drive, but he bounced back with a 51-yarder on Dallas’ second possession of the fourth quarter.

The Cowboys’ lead is back up to 10 points. Dallas leads 30-20 with four minutes left in the game.

Cowboys vs. Commanders score update: Jake Moody boots another field goal

The Commanders’ kicker sent a 23-yard field goal through the uprights after another Washington drive stalled in the red zone.

Moody’s second field goal of the day brings the Commanders back within seven points. The Cowboys still lead, 27-20, with 16 seconds left in the third quarter.

Jake Ferguson injury update

Ferguson exited the Christmas game against the Commanders with a calf injury and has been ruled out for the remainder of the matchup, according to Jon Machota of The Athletic. The Cowboys tight end’s sole catch before his injury was a six-yard touchdown reception — his eighth of the season.

Cowboys vs. Commanders score update: Brandon Aubrey knocks through another field goal

Dallas extends its lead back to 10 points on a 52-yard field goal from its kicker. Aubrey is 2-for-2 on field goal attempts on Christmas, in addition to a perfect 3-for-3 mark on extra point attempts.

It’s 27-17 Cowboys with 4:42 left in the third quarter.

Javonte Williams injury update

The Cowboys’ running back is questionable to return to his team’s Christmas game with a shoulder injury, according to NFL Media’s Ian Rapoport. Williams already has 54 yards on 13 carries and a touchdown.

Cowboys vs. Commanders score update: Jacory Croskey-Merritt doubles up on Christmas TDs

Moments after former Washington running back Clinton Portis joined Netflix’s broadcast, Croskey-Merritt broke through with a 72-yard touchdown run on the Commanders’ first play of their second possession of the second half.

The score brought Washington within seven points of Dallas, but the Cowboys still lead, 24-17, with 9:34 left in the third quarter.

Cowboys vs. Commanders score update: Brandon Aubrey knocks through 42-yard field goal

Aubrey’s first field goal attempt of the afternoon is good from just over 40 yards out.

It gives the Cowboys a 24-10 lead with 19 seconds left in the first half.

Cowboys vs. Commanders score update: Jacory ‘Bill’ Croskey-Merritt scores Commanders’ first TD

Washington took advantage of three costly Cowboys penalties to score its first touchdown: a kickoff short of the landing zone, a horse collar tackle and a defensive pass interference.

The Commanders cut Dallas’ lead to 11 points after Croskey-Merritt’s seventh touchdown of his rookie season on his 10-yard run. They’ll kick the ball back to the Cowboys, who lead 21-10 with 4:35 left in the first half.

Cowboys vs. Commanders score update: KaVontae Turpin streaks past defender for 86-yard touchdown

Commander’s safety Frankie Luvu jumped offside, and Cowboys quarterback Dak Prescott took advantage of the free play with a deep shot downfield. Turpin hauled in the throw right across the 50-yard line and took it the rest of the way for another Cowboys touchdown.

Dallas’ 97-yard touchdown drive took the fewest plays and the least time to score of any of their drives today. The Cowboys’ lead is up to 21-3 with seven minutes left in the first half.

Cowboys vs. Commanders score update: Javonte Williams slams through defenders for TD

The Cowboys have been gashing the Commanders on the ground. They’re up to 92 yards on 17 carries (5.4 yards per carry) through two possessions.

Williams was the latest beneficiary of Washington’s poor run defense, pounding the rock through a few defenders to score Dallas’ second touchdown in as many possessions. The Cowboys now lead 14-3 with 12 minutes left in the first half.

Dallas has scored on two straight drives that each lasted over five minutes and featured more than a dozen plays each possession.

Cowboys vs. Commanders score update: Jake Moody gets Washington on the board

The Commanders made it inside the Cowboys’ 5-yard line before quarterback Josh Johnson took a third-down sack.

On the ensuing fourth down, Washington’s kicker gave his team its first points of the holiday matchup with a 29-yard field goal. It’s 7-3 Cowboys with 4:44 left in the first quarter.

Cowboys vs. Commanders score update: Jake Ferguson snags one-handed TD catch

The Cowboys’ fourth-year tight end has his eighth touchdown of the season, extending his career high, and he did it with flair. Quarterback Dak Prescott’s throw was a bit high, but the 6-foot-5 tight end reached up to tip the ball to himself.

Ferguson’s score and kicker Brandon Aubrey’s extra point gave the Cowboys a 7-0 lead. The Commanders will begin their first possession with 9:42 left in the first quarter.

How to watch Cowboys game today vs. Commanders

  • Matchup: Dallas Cowboys at Washington Commanders
  • Location: Landover, Maryland
  • Venue: Northwest Stadium
  • Time: 1 p.m. ET
  • How to watch: Netflix

Netflix is broadcasting the Cowboys-Commanders game on Christmas to a national audience. There is no national broadcast of the game available on cable TV.

Fans living in the local markets (Dallas or Washington) can watch the game on their local CBS affiliate.

How to buy Cowboys vs. Commanders tickets for NFL Week 17

You can buy tickets to see the Cowboys take on the Commanders from multiple sources.

  • StubHub: Buy Cowboys vs. Commanders tickets on StubHub
  • SeatGeek: Buy Cowboys vs. Commanders tickets on SeatGeek
  • Vivid Seats: Buy Cowboys vs. Commanders tickets on Vivid Seats

Josh Johnson football player

The Commanders are starting veteran journeyman quarterback Josh Johnson for their Christmas game against the Cowboys, head coach Dan Quinn announced.

It will be the 39-year-old’s first start since 2021 and 10th start of his career. Johnson holds a 1-8 record in his nine career starts.

Johnson notably holds the NFL record for most teams played for in a career, with 14. Here’s who he has played for, in alphabetical order:

  • Baltimore Ravens
  • Buffalo Bills
  • Cincinnati Bengals
  • Cleveland Browns
  • Denver Broncos
  • Detroit Lions
  • Houston Texans
  • Indianapolis Colts
  • Las Vegas (then-Oakland) Raiders
  • New York Giants
  • New York Jets
  • San Francisco 49ers
  • Tampa Bay Buccaneers
  • Washington Commanders

NFL games today on TV

There are three NFL games taking place on Christmas, though none of them are available on national TV with a cable subscription or antenna.

Here’s which games kick off on Dec. 25, when they start and how to watch each holiday matchup:

Commanders vs. Cowboys:

  • Kickoff: 1 p.m. ET
  • Streaming: Netflix (national)
  • TV channel: N/A (national) | KTVT – CBS 11 (Dallas) | WUSA – CBS 9 (Washington)

Vikings vs. Lions

  • Kickoff: 4:30 p.m. ET
  • Streaming: Netflix (national)
  • TV channel: N/A (national) | WWJ-TV – CBS 62 (Detroit) | WCCO – CBS 4 (Twin Cities)

Chiefs vs. Broncos

  • Kickoff: 8:20 p.m. ET
  • Streaming: Amazon Prime Video (national)
  • TV channel: N/A (national) | KMGH – ABC 7 (Denver) | KSHB – NBC 41 (Kansas City)

What TV channel is the Commanders vs Cowboys game on?

  • TV channel (national) N/A
  • TV channel (Dallas market): KTVT (CBS Channel 11)
  • TV channel (Washington market): WUSA (CBS Channel 9)

The Commanders vs. Cowboys Christmas Day game will not air on a national TV network, as it is being streamed on Netflix.

Viewers in the Dallas and Washington markets can watch the game on their local CBS affiliate.

What time is the Cowboys game on?

  • Start time: 1 p.m. ET

The Cowboys and Commanders are scheduled to kick off at 1 p.m. ET. Dallas travels to Northwest Stadium in Landover, Maryland for the matchup.

Commanders vs Cowboys stream

  • Live stream: Netflix

The Cowboys vs. Commanders matchup is the first of two Christmas games on Netflix. A subscription is required to watch the games.

Cowboys vs. Commanders picks, predictions

Here’s how the USA TODAY Sports NFL experts feel the Cowboys vs. Commanders matchup is going to tilt:

  • Jarrett Bell: Cowboys, 30-24
  • Nick Brinkerhoff: Cowboys, 30-24
  • Chris Bumbaca: Cowboys, 33-22
  • Nate Davis: Cowboys. 27-17
  • Tyler Dragon: Cowboys, 30-21
  • Mike Middlehurst-Schwartz: Cowboys, 34-23

Cowboys vs. Commanders odds, moneyline, O/U

National Football League odds courtesy of BetMGM. Odds updated Tuesday at 7:28 a.m. ET. For a full list of sports betting odds, access USA TODAY Sports Betting Scores Odds Hub.

  • Spread favorite: Cowboys (-6.5)
  • Moneyline: Cowboys (-285), Commanders (+230)
  • Total: 50.5 points

NFC East standings

The Cowboys enter today’s game in second place in the NFC East. The Commanders are in third. Both teams are eliminated from playoff contention.

  • Philadelphia Eagles (10-5)
  • Dallas Cowboys (6-8-1)
  • Washington Commanders (4-11)
  • New York Giants (2-13)

Dallas Cowboys inactives today vs. Commanders

  • WR Ryan Flournoy
  • CB Caelen Carson
  • RB Jaydon Blue
  • DT Jay Toia
  • LB DeMarvion Overshown
  • DT Perrion Winfrey
This post appeared first on USA TODAY

It’s a holly jolly Christmas for Athletics’ fans.

After missing a good chunk of the 2024 season due to a bone bruise in his left wrist, Soderstrom enjoyed his first full season in the Majors in 2025. He didn’t disappoint.

Soderstrom was a key cog in the Athletics’ offense that finished the 2025 season above league average in runs (733), home runs (219), batting average (.253), OPS (.749), and total bases (2388).

What are the details of Soderstrom’s extension?

Soderstrom’s contract is worth $86 million over seven years, with an option for an eighth year as well. Soderstrom’s contract is also filled to the brim with incentives that could lift the value of the contract up to a staggering $131 million.

Tyler Soderstrom 2025 stats

Soderstrom enjoyed a remarkable 2025 season, slashing .276/.346/.474 with 25 home runs and 93 RBI. His 126 OPS+ ranked fourth on the team.

Soderstrom was drafted as a catcher but spent most of his time in left field in 2025, while also playing 394 innings at first base.

This post appeared first on USA TODAY

Amazon MGM Studios used the platform of the Denver Broncos-Kansas City Chiefs game, airing on Prime Video on Christmas night, to share a teaser trailer for its 2026 movie chronicling the life of John Madden.

The teaser said the movie, currently titled ‘Madden,’ is set to be released Thanksgiving 2026.

Nicolas Cage is playing Madden, the Hall of Fame coach turned legendary broadcaster turned video game icon. Christian Bale is playing Al Davis, the longtime owner of the Raiders.

Other billed stars in the trailer include Kathryn Hahn, John Mulaney, Sienna Miller and Shane Gillis. The director is David O. Russell.

Watch ‘Madden’ teaser trailer

The description on the YouTube video of the teaser reads: ‘Inspired by a true story, MADDEN follows the football legend from Super Bowl glory with the Raiders to revolutionizing the game with Madden NFL.’

This post appeared first on USA TODAY

The biotech sector is entering 2026 with a positive outlook, characterized by reasonable valuations, robust oncology momentum and supportive policy tailwinds. This combination is setting the stage for a continued recovery, driven in part by the integration of artificial intelligence (AI).

However, this sectoral resurgence must navigate a tug-of-war between supportive stimulus and structural risks, which have the potential to challenge the pace of recovery.

Biotech sector rebounding after US uncertainty

According to Song, biotech has rebounded since its lows in April of this year.

Company valuations are trading at a 15 percent discount to broader markets on forward price-to-earnings, with secular demand intact for oncology, obesity and chronic diseases. In Song’s view, the biotech industry’s rebound stems from reduced uncertainty under the administration of US President Donald Trump.

Song added that valuations across healthcare are reasonable, noting rotational flows from cooling AI hype.

“I can’t deny that there have been some rotational effects that not just biotech has benefited (from), but healthcare in general,’ he commented. “While AI is an important driver in healthcare, to our view, it certainly is not priced in to the largest extent in many pockets of healthcare.”

Key biotech sector catalysts in 2026

Song sees healthcare’s recovery extending into 2026, with oncology remaining the primary growth engine.

He characterized the current sector resurgence as a durable structural shift being fueled by key developments that present tangible investment opportunities, including anticipated positive clinical trial outcomes, such as those for Revolution Medicines’ (NASDAQ:RVMD) pancreatic cancer drug.

“They have a lead drug that blocks an important pathway called RAS … and they could have a potential breakthrough in pancreatic cancer. They’re running a Phase III trial to demonstrate a potential survival benefit. There could be meaningful progress there,” Song noted. A data readout is expected next year.

Outside oncology, Song flagged high-profile biotech catalysts that could broaden the sector’s 2026 rally.

“Non-peptide oral GLP-1s … are clearly going to be an important data set readout and launch that could occur next year,” he explained, citing Eli Lilly’s (NYSE:LLY) orforglipron, a daily pill that hit Phase III success for type 2 diabetes and obesity in 2025. Approval is expected in 2026, and he believes it could be a potential game changer in obesity and chronic disease treatments, an area dominated by biotech innovators.

Song also sees validation ahead for platform technologies.

A dual-track recovery for biotech

While macro analysts see a broad cyclical recovery in 2026, Song predicts that the market will be defined by a dual-track recovery: a diagnostics-led initial public offering (IPO) surge, and a biopharma M&A environment focused on companies with the clinical validation required to alter the current standard of care.

Renaissance Capital predicts a faster pace for biotech IPOs, with a strong pipeline of companies such as Aktis Oncology, a radiopharma diagnostics firm targeting solid tumors, ready to list for US$100 million.

Additionally, AlphaSense forecasts steady M&A flow as companies rebuild their pipelines in the new year, a trend that Song sees as a structural necessity rather than a simple trend. “It’s an important pillar where Big Pharma needs to replenish their pipelines, and they can’t all do it internally,” he explained.

Consequently, he believes the primary “hunting ground” for these deals is mid-cap territory, where acquiring one or two proven drugs can effectively move the needle for a large pharmaceutical giant.

AI in the biotech sector

Song maintained that AI has not reached full valuation in the sector, and its role is expected to grow, with significant future productivity gains predicted in biopharma, drug discovery, clinical development and healthcare delivery.

“We’ve done some preliminary work that that that suggests there could be … productivity gains in areas like biopharmaceuticals and drug discovery and clinical development,” Song explained, adding that these are long-term projections. He sees a more immediate economic impact in how care is managed.

“Since healthcare is a large part of the US and global economy, and growing quickly in terms of healthcare costs, there are also opportunities for efficiency gains, which could lead to margin and consumer gains,” he noted. This revolution in delivery is already a key focus for his firm’s Tema Oncology ETF (NASDAQ:CANC).

However, life science market analyst Anastasia Bystritskaya warned that valuation and productivity are not synonymous, as high-performing models do not automatically become revenue-producing products. For investors, the real inflection point is operational integration rather than operating as a standalone prototype.

Drive for efficiency is expected to take a practical form in 2026 through what Sergey Jakimov, managing partner at longevity and biotech venture capital firm LongeVC, described as the “doctor in your hand.”

This AI companion manages routine, low-complexity tasks between clinic visits.

LongeVC anticipates that this shift to a regulated digital workflow will allow AI to identify meaningful clinical signals continuously without overburdening primary care teams.

This democratization of discovery creates a new competitive landscape for the hunting ground Song described; if AI-enabled teams can dissect complex pathways without a billion-dollar balance sheet, the traditional R&D model of Big Pharma faces a permanent disruption. In this new era, the innovation gap could be filled by agile players who use technology to act with the scale of a giant, but the speed of a startup.

Investor takeaway

Despite sector momentum, headwinds remain, particularly regarding the stability of clinical research funding.

A November report in JAMA Internal Medicine reveals that 383 clinical trials recently had their grants terminated, disrupting progress for over 74,000 participants. Dr. Gary K. Zammit, founder of Clinilabs, warned these reductions in National Institutes of Health funding risk slowing future commercial development of innovative therapies.

Macroeconomic headwinds, including rising tariffs and early labor market weakness, also present a material challenge.

Ultimately, the 2026 biotech outlook balances promising catalysts with the need for strategic capital deployment and a focus on clinically validated platform technologies, ensuring a durable expansion for the sector.

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

This post appeared first on investingnews.com

Craig Hemke, publisher of TFMetalsReport.com, shares his thoughts on the gold and silver markets heading into 2026, outlining why he remains bullish.

‘Just keep adding some — it’s your protection against the madness. It’ll get you through the storm,’ he said. ‘It preserves your net worth from the destruction of these bankers and politicians.’

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

This post appeared first on investingnews.com

The holiday season brings more than festive cheer, as for investors, it may signal the start of the so-called Santa Claus rally.

The Santa Claus rally is a period between the final trading days of December and the first days of January when stocks tend to climb. While this seasonal uptick isn’t guaranteed, historical data shows that markets rise more often than not during this window, driven by investor optimism, low trading volumes and year-end portfolio adjustments.

Historically, the last five trading days of December and the first two of January have been a period of above-average stock gains, offering a short, sharp rally for markets heading into the new year.

According to the Stock Trader’s Almanac, the Santa Claus rally has delivered an average gain of 1.3 percent for the S&P 500 (INDEXSP:.INX) since 1950. The phenomenon was first documented in 1972 by Yale Hirsch, founder of the Almanac, and continues to shape investor expectations today.

As for whether 2025 will deliver a Santa Claus rally to close out the year, after a choppy first half for December, markets have shown signs that a late-year recovery is possible.

When does the Santa Claus rally start?

The Santa Claus rally typically occurs over the final five trading days of December and the first two trading days of January. For 2025, the rally window begins on Wednesday, December 24, and runs through Monday, January 5, if historical patterns hold.

This narrow window often yields modest, yet consistent, returns for investors who time the market correctly.

While the rally’s timeframe is traditionally short, its effects can ripple through the market into early January. Essentially, a strong performance during this period can set the tone for January.

However, the exact timing of the Santa Claus rally can vary. Some analysts suggest that the rally has started earlier in recent years as investors attempt to front run the effect by increasing their positions in mid-December. This shift may blur the lines between the Santa Claus rally and broader December market upswings.

Will 2025 deliver a Santa Claus Rally?

This year, the S&P 500 fell during the middle of the month following a cooler-than-expected, albeit controversial, inflation report, which raised hopes for additional interest-rate cuts next year.

Despite this downturn, analysts note that a weak start to December has often failed to derail Santa’s run. Since 1950, the S&P 500 finished the Santa Claus rally period higher in 77 percent of years, even after early-month declines. By the end of the week, the index had already regained some ground, and it continued higher in the days leading up to Christmas.

“Barring any major shocks, it will be hard to fight the overwhelmingly positive seasonal period we are entering and the cleaner positioning set-up,” Goldman Sachs’ (NYSE:GS) trading desk team wrote in a note to clients, as reported by Bloomberg. ‘While we don’t necessarily see a dramatic rally, we do think there is room to go up from here into year end.”

Jeffrey Hirsch, editor-in-chief of the Stock Trader’s Almanac and Yale Hirsch’s son, also weighed in on the markets.

“It looks like (the Santa Claus rally) is set up and we can make another high by the end of the year,” he told MarketWatch. Hirsch cited cooler inflation readings and slower job growth in November, which may give the Federal Reserve room to cut interest rates in 2026.

It remains to be seen whether these predictions will come true, or if the market will be weighed down by factors including recent volatility in technology and artificial-intelligence-linked stocks.

Is the Santa Claus rally reliable?

Despite skepticism in some quarters, historical data supports the existence of the Santa Claus rally, and it is well documented.

Historically, the Santa Claus rally has been a relatively consistent period of gains. That said, historical patterns do not guarantee results, and not every year delivers the expected results. The S&P 500 lost about half a percentage point during the Santa rally period in 2024, and consecutive losses are rare but possible.

Columnist Mark Hulbert has expressed skepticism about the event in the past, noting that there is no definitive evidence that the market consistently outperforms during this period.

“An analysis of the past century reveals that the stock market in the weeks prior to Christmas is no more likely to rally than at other times of the year. (I suggest investors) ignore any arguments based on an alleged Santa Claus Rally,” Hulbert warned in an opinion piece posted on MarketWatch in 2018.

In 2019, for example, the market experienced volatility in December, defying the usual pattern.

In a December 2025 interview with CNBC, Jeffrey Hirsch cautioned that failure to rally is not an immediate bear-market signal, but rather “a flag to start looking at the other data — whether it’s seasonal indicators or other fundamental or technical measures.”

Despite the varying takes, many investors view the rally as a psychological phenomenon — one that influences market sentiment even if the returns are marginal.

Strategies for the Santa Claus rally

Now that the Santa Claus rally seems to be underway, investors interested in joining in have a variety of options, including domestic markets, international diversification or targeted sector plays such as mega-cap tech stocks.

As always, consulting with a financial advisor and conducting thorough research remains essential. While the Santa Claus rally offers potential rewards, market conditions can shift quickly, making flexibility and prudence key to success.

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

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Altius Minerals (TSX:ALS,OTCQX:ATUSF) is making a bet on a lithium market recovery, agreeing to acquire Lithium Royalty (TSX:LIRC) in a C$520 million deal that will expand its exposure to battery metals.

Under a definitive agreement announced by the two companies on Monday (December 22), Altius plans to purchase all of the issued common and convertible common shares of Lithium Royalty for C$9.50 each.

The amount will be paid as either C$9.50 in cash or 0.24 of a common Altius share, according to shareholders’ election.

For Altius, the acquisition will allow it to bring a portfolio of 37 lithium royalties into its fold. None of them involve streams, and they span projects from production through early exploration.

Four of the royalties are tied to producing assets, three of which were commissioned in 2025 and are currently ramping up or expanding. Another 12 projects are in advanced stages with completed economic studies, while three to five additional assets are targeting startup between 2026 and 2030.

The company said the portfolio is geographically concentrated in lower-risk jurisdictions, with most assets located in Canada, Australia and South America, and diversified across both brine-based and hard-rock lithium production.

At the current spot price, Altius expects the acquired royalties to contribute between US$29 million and US$43.7 million in annual revenue by the end of the decade. Lithium carbonate equivalent prices fell to multi-year lows in 2025, holding below US$9,000 per metric ton for most of the year, even as demand continues to expand beyond electric vehicles.

Altius said global lithium demand is expected to exceed 1.5 million metric tons of lithium carbonate equivalent in 2025, with supply deficits potentially re-emerging as early as 2026 after years of oversupply.

Altius Chief Executive Brian Dalton said lithium has “emerged as a mainstream scale mined commodity,” and described the acquired portfolio as featuring “very long resource lives,” strong cost positioning and low jurisdictional risk.

A special shareholders’ meeting is scheduled to happen no later than March 10, 2026.

If approved, the deal is expected to close in the first quarter of 2026, after which Lithium Royalty shares will be delisted and the company will cease to be a reporting issuer in Canada.

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

This post appeared first on investingnews.com

It was February 2025 when the cracks in the facade of Sherrone Moore’s reign began to appear, or at least were put on display for his entire coaching staff to see.

In a meeting called by the then-Michigan football coach on a cold afternoon in Ann Arbor, Moore delivered a vitriolic outburst featuring tears and tossed papers in a virtual harbinger of his downfall at Michigan a scant 10 months later.

By December 2025, Moore would be no more within the walls of Schembechler Hall, fired for an inappropriate relationship with a staffer, and jailed the same day on a trio of charges related to allegedly threatening that same staffer.

But in February, Moore’s ire was directed at Wink Martindale.

Martindale, the team’s defensive coordinator, had two decades of NFL experience, including nearly 10 years working for the Baltimore Ravens – a team run by former U-M coach Jim Harbaugh’s brother John, and a pipeline for U-M coaches over the years.

Martindale, in his first year at U-M, helped Moore save the 2024 season with defensive masterclasses against Ohio State and then Alabama, seemingly setting the program up for success in Year 2.

Instead, the relationship between the two began to devolve even before spring ball.

“Sherrone wasn’t even speaking to his coaches over the last recent couple weeks, month,” a high-ranking university official who spoke on condition of anonymity to protect their relationships, told the Free Press shortly after Moore was fired.

The disconnect had one coach targeted, specifically, said the official: “Wink.”

The seed was seemingly planted when Moore overheard coaches discussing a potential recruit and quickly called a meeting.

According to a person with knowledge of the meeting, Moore began screaming at staffers that everybody needed to be on the same page, and that he didn’t want “people talking behind [his] back” about recruits.

Martindale piped up, saying, “Look, we’re trying to help you … get the right recruits.”

Moore responded: “You don’t know what the [expletive] you’re doing.”

Martindale, then 61, retorted, “Yeah … I’m just the old guy,” drawing an eruption from the 39-year-old Moore, who had been in charge of the U-M program for roughly 13 months following six years as an assistant coach in Ann Arbor.

“You don’t know how hard it is to be the head football coach and the pressure,” Moore allegedly said through tears, as he slammed down his papers and withdrew to his office.

It could almost be seen as a microcosm of Moore’s tenure with the Wolverines – fiery talk, followed by an unexpected collapse.

These days, Moore is unemployed, awaiting a probable cause hearing in January and wearing a GPS tether. It all stemmed from his firing Dec. 10 after the surfacing of ‘credible evidence’ of an illicit relationship with a staffer and a subsequent arrest for allegedly breaking into her apartment and threatening to kill himself, resulting in charges for third-degree felony home invasion, misdemeanor stalking and misdemeanor breaking and entering.

(The Free Press generally does not identify people described as domestic crime victims without their consent.)

Moore’s arrest was a loud announcement of his own problems at Michigan, but things were quietly falling apart within the program long before then.

More than half a dozen people with knowledge of the situation – including former staffers, high-ranking university officials, members of the athletic department, women Moore messaged online and parents of players – detailed to the Free Press how college football’s winningest program, led by a young coach seemingly on his way to stardom, unraveled in the blink of an eye.

‘A culture shift,” one called it.

‘Not what it seemed on the outside,’ another said.

‘A long time’ without fun

The breakdown of kinship among some Michigan football staff is far from secret these days.

Interim coach Biff Poggi admitted as much in his final media availability before the Wolverines depart for their Citrus Bowl date with Texas at the end of the month. The interim coach, who had two stints as associate head coach at U-M – one under Harbaugh and one under Moore – was asked about the relationships among the Wolverines’ staff on Monday, Dec. 22.

His telling response: ‘As far as being close … I wouldn’t say that, exactly.’

For the team – players and coaches alike – it had “been a long time” since they truly had fun, Poggi added. The loss of spark seemed to trickle down from Moore, even before his slide from the power seat in Michigan football.

Moore climbed the coaching ranks both in level – from Louisville to Central Michigan to U-M – and in responsibility – from tight ends, to offensive line, offensive coordinator and, finally, coach of Michigan football.

On paper, he checked all the boxes. In reality, he proved to be in over his head, nearly from the start.

Exacerbating that was his seemingly near-constant distraction by women both in and out of the program.

In less than two years, Moore took a program coming off its first national championship in a quarter-century and turned it into a punchline for comedians from the Empire State to the Mitten State – both ‘Saturday Night Live’ and stand-up comic Jordan Klepper, in Ann Arbor for a show, had jokes about Moore and the Wolverines teed up days after his dismissal.

[ MUST LISTEN: Make ‘Hail Yes!’ your go-to Wolverines podcast, available anywhere you listen to podcasts (Apple, Spotify) ]   

‘Jobs they were gifted’

Barely a year before then, Michigan football had all but forgotten how to lose.

That’s why it felt so strange inside team headquarters Sept. 8, 2024, as the Wolverines reconvened following a 31-12 home loss to Texas on Sept. 7 – Michigan’s first loss in 616 days.

In 2022, Michigan’s only loss had come in the College Football Playoff semifinal; nobody had to report to Schembechler Hall to try and rebound afterwards – the season was simply done. In 2023, Michigan went one game further, and completed an undefeated CFP championship season.

Following the title, coach Jim Harbaugh left for the NFL’s Los Angeles Chargers and carried away a wealth of coaching talent: Jesse Minter (defensive coordinator), Mike Elston (defensive line), Steve Clinkscale (defensive backs) and Ben Herbert (strength and conditioning). Jay Harbaugh, Jim’s son and the special teams coordinator, also left for the NFL to join former U-M defensive coordinator Mike Macdonald with the Seattle Seahawks.

It left a void in Ann Arbor and, because of the timing of Harbaugh’s departure in late January, the coaching options were few. 

But one coach – Moore – was propped up by his predecessor, who’d once named the Oklahoma alumnus an ‘honorary Michigan Man,’ and pushed forward by players to take over the program. Athletic director Warde Manuel had witnessed his 2023 run as interim coach, when Moore closed the regular season in place of a suspended Harbaugh with a run-heavy, emotional win over Penn State on the road, the program’s 1,000th win at Maryland and a thriller over Ohio State to clinch a third straight Big Ten title game berth.

Manuel briefly looked into other candidates, but never interviewed anyone else. A 2½-hour conversation with Moore was the only formal interview before he was hired.

When Moore took over in late January 2024, the Wolverines were already behind. While Michigan celebrated its first title since 1997, other teams had already filled out their staffs. Michigan tried to hire internally for as many roles as possible, hoping to keep a semblance of Harbaugh’s structure in place.

Kirk Campbell was promoted from quarterbacks coach to offensive coordinator. Grant Newsome went from tight ends coach to offensive line. Steve Casula, formerly an analyst at U-M before leaving for UMass, was brought back to coach tight ends. J.B. Brown was promoted from analyst to special teams coordinator.

Moore, of course, went from coordinating the offensive attack (and the offensive line) to running the entire show.

How did the calendar change the approach? A person with intimate knowledge of the decision said that, had it happened on a normal timeline, the coach search would’ve been more extensive.

“It was a lot of guys who might’ve not been ready for the jobs they were really gifted,” another person who previously worked in the building, said on condition of anonymity for employment reasons. “Kirk Campbell as QB coach and last year as OC were like two completely different people. … Newsome will be a good coach some day, one of the brightest individuals I’ve been around, but was he ready to be O-line coach at Michigan?

“It created a culture of just less structure and less confidence. … Players felt that.”

According to this person, who was inside the program under Moore and a self-proclaimed ‘huge Michigan fan,’ there’s an “arrogance that goes along with Michigan” – an attitude that was at “an all-time high” for many of the coaches who’d been promoted.

It wasn’t just an arrogance, but a shift in the power dynamic, another former member of the program said.

Moore knew the players in a different way than Harbaugh, having served with multiple groups as a position coach. As one of the former staffers said, it was hard to shake that vision of him. Harbaugh, 61 at the time of his CFP win, was a father figure, while Moore was more like a brother or friend.

Without Harbaugh overseeing the entire operation, a culture that had been built in detail and discipline lost its edge. Instead, it became more lax and lacked the conviction needed to win big.

Nobody expected Moore to have the coaching pedigree of Harbaugh, who starred as QB at Michigan under Bo Schembechler in the 1980s, played in the NFL for more than a decade and coached the University of San Diego and Stanford to extended success before leading the San Francisco 49ers to three NFL playoff berths and a Super Bowl appearance.

But perhaps the gap was underestimated.

U-M’s losses piled up in Year 1 under Moore. U-M lost four of five games from October through early November – one more than the Wolverines had lost in the three previous seasons combined – before salvaging the season with three consecutive victories, including the Martindale-driven stunner over Ohio State in Columbus that appeared to have the program growing toward the future. Instead, things inside the building got worse.

‘It was really toxic’

By the end of 2025, many of Moore’s relationships inside Schembechler Hall had fractured, including arguably his most important, with his defensive coordinator

“Yeah, they did not like each other,” a person who witnessed their interactions told the Free Press.

The Free Press reached out to Martindale via text message to inquire about Moore’s tantrum and their working relationship. Martindale responded he’d “been advised by my agent & lawyer not to comment on anything involving Michigan football. I respect your profession and appreciate you reaching out.”

It wasn’t just Moore who had outbursts, though.

Tight ends coach Steve Casula – now the interim offensive coordinator following the departure of Chip Lindsey on Sunday after just one season for the same job with Missouri – came up in multiple independent conversations with people with inside knowledge of the Michigan program.

Moore can’t necessarily be held accountable for the actions of his assistants, but they do provide an entry into the program’s culture.

One former staffer said Casula “bullied the hell” out of some of the lower-level staffers on the team, telling them to “shut the [expletive] up … They’re nothing. … They should be fired.” Trying to make a suggestion to Casula, the staffer continued, was like stepping on glass, and his “verbal abuse” was a prime example of the toxicity in the building.

It was yet another example of the lack of balance between aggression and respect coaches and players are supposed to have. Football locker rooms are notoriously aggressive, but this was said to be more than that: No one set the tone at the top for how to conduct oneself in a truly professional manner.

Another person from inside the program who also brought up Casula said he was among the coaches making staff members do busy work – “do [expletive] just to do [expletive].” 

This former staffer said Casula, 38, garnered respect for his climb through the coaching ranks the hard way – from high schools while he was still a college student to Western Michigan to Colgate to Division II Davenport and Ferris State, to an analyst at U-M, a coordinator at UMass and then, finally, back to Ann Arbor – but it manifested in a ‘narcissistic’ way.

“It was like ‘I have power now and because I had to take the hard way, I’m going to make those guys do it too,’” one ex-staffer told the Free Press.

The Free Press reached out to Casula via text message and he also declined to comment: “Given ongoing investigations, I am unable to speak with you about anything involving our football program and/or athletic department,” he replied.

‘If you didn’t know, you’re an idiot’

By the USC game on Oct. 11, the 2025 season had reached a point where even parents of players were starting to sense a disconnect from the top of the program.

One father of a current player, who spoke with the Free Press on condition of anonymity to protect his son, cited group chats with other parents questioning the lack of detail, the sloppy nature of games and a feeling that hadn’t been around previously.

“Parents said similar things … the challenges in terms of ‘What are we doing?’ It was almost like there wasn’t a focus,” the parent said. “If there were distractions, that would make sense [why it feels as though] your eye’s not on the goal. … You’re focused on other things instead of moving toward people to a playoff spot, you weren’t focused on that.’ 

Only Moore knows just how much outside circumstances were taking away his focus from football, but the evidence of distractions are now apparent.

Even before Moore’s firing, he communicated regularly with women outside of his relationship with his wife (with whom he has three children over a 10-year marriage). Not only with his staffer, but on social media − OnlyFans model Mia Sorety confirmed her experience to the Free Press.

He was “friendly,” she said, and “trying to get to see me and know me” when he was on recruiting trips in Houston.

Houston, of course, is also where Michigan won the CFP title game in January 2024. Nearly two years later, there were rumors swirling online that Moore offered Sorety tickets to the game, something she called ‘far from the truth.”

Sorety did confirm Moore sent her messages shortly after he was released from jail, but maintained they never met in person.

Another woman messaged the Free Press with a screenshot of a direct message from Moore via Instagram in fall 2019. She was 23 at the time, she told the Free Press.

‘I remember thinking it was odd to have him respond [with a message] to a simple follow on IG,’ she said.

However, Moore’s biggest problem was his years-long affair with the staff member, which ultimately got him fired.

As the 2025 season went on, and rumors began to pick up about his alleged affair, Moore appeared to become increasingly paranoid and ‘stressed out,’ the Free Press was told following the firing. 

Another person who was in the building in 2024 even said whispers of the alleged misconduct traveled inside the building, but some of the coaches “turned a blind eye to it.”

Poggi denied this vehemently this week, saying he and the entire staff were entirely “shocked” when the news came out.

The staffer said that wasn’t the sentiment when they were around.

“Guys over there on that side of the building [where Moore’s office was] 100% knew about it,” the former insider said. “They can deny it all they want, but there’s too many things that happened. If you didn’t know, you’re an idiot – it was too obvious.”

For example: When Moore stormed out of his February 2025 staff meeting after the disagreement with Martindale, there was one person that followed him out of the meeting and into his office that day − the staffer with whom he allegedly had a relationship.

“It’s a really weird dynamic, one of those things where everyone knew but no one wanted to say it,” another former staffer said. “She sat right in front of his office. Her desk was right in front of his office, like 2 feet in front of his.”

Moore’s reaction when the romantic relationship ended was the final example of what a current U-M employee told the Free Press they’d been hearing for some time: Things had spiraled out of control in the football building.

“Just so much tension and weird, erratic behavior and immaturity and stuff going on in Schembechler Hall,” the long-standing university employee said. “I don’t know if it was because of a guilty conscience … but clearly there was something going on.”

Now, U-M is on the search for a new coach – the program’s third coach in four years – as well as another offensive coordinator (the fifth in as many seasons) and possibly its fourth defensive coordinator in the past five.

Poggi was blunt on Monday when asked about what the program has become in recent years.

‘It has been five years of, let’s just call it what it is, a malfunctioning organization,’ he said. ‘There’s something every year. … The athletic director has made very clear that he doesn’t want any more of that.’

A former staffer acknowledged there were ‘problems’ under Harbaugh, too, before adding a familiar caveat: ‘Winning takes care of a lot of that.’

Now, the law firm of Jenner & Block is conducting an investigation into Moore’s relationship, looking at who knew what and when, as well as the athletic department’s culture. Interim Michigan president Domenico Grasso, meanwhile, said in a video last week the university will not hesitate to fire anybody, if the findings justify such an action.

‘If the university learns of information through this investigation or otherwise that warrants a termination of any employee, we will act swiftly, just as we did in the case of coach Moore,” Grasso said.

In the meantime, Michigan’s players are preparing for the Citrus Bowl in Orlando, Florida, on Dec. 31.

Speaking on Friday, senior defensive back Zeke Berry was one of the first three players to meet with the media after Moore’s firing. Reporters brought up the NCAA investigations, arrests and the frequency with which undesirable headlines have engulfed the program.

“Something” Berry said, “does need to change.”

Make ‘Hail Yes!’ your go-to Wolverines podcast, available anywhere you listen to podcasts (Apple, Spotify).

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