You are subscribed to the Bisnow Home Newsletter. Enos Stanley Kroenke (/ k r k i /; born July 29, 1947) is an American billionaire businessman. Find the latest U.S. news stories, photos, and videos on NBCNews.com. of the WSL. Just hit yes and continue on your way. Kroenke also established TicketHorse, a ticket company that provides in-house sales for all of his teams. The Oakland Raiders and San Diego Chargers had also been unhappy with their old stadiums (Oakland Coliseum in Oakland and Qualcomm Stadium in San Diego, respectively) lacking updated amenities, and had been proposing a stadium in Carson, California (another suburb of Los Angeles) in competition with Kroenke's Inglewood proposal. ", "How much money NFL owners have donated to Donald Trump", Avalanche defeat Lightning for their first Stanley Cup title in 21 years -, Stanley Cup 2022: Avalanche's title latest boon for Stan Kroenke - Fox News.com, Major League Soccer principal owners by team, https://en.wikipedia.org/w/index.php?title=Stan_Kroenke&oldid=1121329713, National Basketball Association executives, Short description is different from Wikidata, Los Angeles Rams currentteam parameter articles, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 11 November 2022, at 18:21. On January 12, 2016, the NFL approved the Rams' application to relocate from St. Louis back to Los Angeles with a 302 vote and Kroenke was praised by other NFL owners afterwards. ", "From an Owner to the Quietest Sports Emperor", "The life and times of Arsenal owner Stan Kroenke", "Billionaire Stan Kroenke Buys $132.5 Million Broken O Ranch", "NFL Owner Stan Kroenke Buys Texas Mega-Ranch Listed for $725 Million", "Arsenal owner Stan Kroenke launches 'sickening' bloodsports TV channel in the UK that screens lion and elephant hunts", "Arsenal shareholder Stan Kroenke to purchase NFL side St Louis Rams", "NFL owners let Kroenke keep Rams; transfer Nuggets, Avalanche to a family trust", "From the archives: Kroenke's pledge to keep the Rams in St. Louis", "Intrigue at Rams Park: Kroenke meets with Nixon", "Owner of St. Louis Rams plans to build NFL stadium in Inglewood", "Kroenke blasts St. Louis in NFL relocation proposal", "Goodell: $300 million for St. Louis stadium 'fundamentally inconsistent' with NFL policy", "Mayor Slay Defends St. Louis Against Kroenke's Claims in Letter to Goodell", "Slay to Goodell: I cannot ever remember meeting Stan Kroenke", "St. Louis to Kroenke: You're 'preposterous', "Rams headed back to Los Angeles; Chargers have option to join", "St. Louis suing NFL over Rams' relocation", "Rams seeking dismissal, ruling via arbitration in lawsuit with St. Louis over relocation", "St. Louis, NFL agree to $790 million settlement in Rams lawsuit, Goodell approves", "Arsenal Holdings plc Holding(s) in Company", "Arsenal put Kroenke in position to take over club", "Business | Kroenke nears Arsenal threshold", "Exclusive: Kroenke poised for Control of Arsenal FC", "Stan Kroenke bids to buy Arsenal outright", "Spotify CEO eyes Arsenal as fans protest Kroenke", "Arsenal fans protest against owner Stan Kroenke and club's involvement in European Super League", "Arsenal owner Kroenke apologises to Arteta", "Arsenal fans protest against team owner Stan Kroenke over Super League debacle", "Kroenke family make it clear they are not willing to sell Arsenal", "Stan Kroenke & Josh Kroenke Introduce Name of New Los Angeles Overwatch League Franchise, the Gladiators, with Roaring Lion Logo and Purple/White Team Colors", "THE OVERWATCH LEAGUE WELCOMES LONDON, SECOND LOS ANGELES TEAM", "Newest Pro Team in Los Angeles Wants to Make You a Fan", "Sports team owners make huge political donations. Some of the Rams' conclusions were disputed by the Mayor of St. Louis Francis Slay (in a letter to Roger Goodell),[27] the St. Louis Regional Chamber,[28] and Forbes. Enos Stanley Kroenke (/krki/; born July 29, 1947) is an American billionaire businessman. [40] Kroenke had a beneficial interest in, and controlled voting rights, over 18,594 shares, representing 29.9% of the issued shares. As of September 2015, that stake was worth $4.8billion. [29] However, some said that staying in St. Louis was ultimately a bad deal for the city and the city is better off with them leaving.[30]. The destination for all NFL-related videos. Kroenke is the owner of Arsenal Holdings plc which owns association football clubs Arsenal F.C. In 2002, Kroenke partnered with Denver Broncos owner Pat Bowlen and former Bronco quarterback John Elway to become part-owner of the Arena Football League's Colorado Crush. [54][55][56], In 2022, Kroenke experienced a unique feat with three of his teams winning championships in the same calendar year - the Rams winning the Super Bowl (February), the Mammoth winning the NLL Championship (June), and the Avalanche winning the Stanley Cup (June). By June 2008, the board had prepared to let Kroenke take over,[39] and on September 19, 2008, it was officially announced that Kroenke had joined the board of directors. Assuming a corporation has not sold stock to the public, conducting corporate business is straightforward. The family's net worth is estimated at $2.7 billion, according to Forbes, as of July 2015. October 21. On April 20, 2020, the Supreme Court denied Kroenke and the NFL's appeal of the lawsuit. [10], Kroenke is a major owner of working ranches, owning a total of 848,631 acres. Kroenke was estimated to be worth US$10.7 billion by Forbes in 2022. Read breaking headlines covering politics, economics, pop culture, and more. Plus, watch live games, clips and highlights for your favorite teams! October 21. Discover the latest breaking news in the U.S. and around the world politics, weather, entertainment, lifestyle, finance, sports and much more. Live stream, watch highlights, get scores, see schedules, check standings and fantasy news on NBCSports.com [34] On November 24, 2021, after four years of litigation, it was announced that the NFL, Kroenke, and the various St. Louis parties had agreed to a $790 million dollar settlement to end the lawsuit.[35]. [23] NFL commissioner Roger Goodell stated that the St. Louis funding did not meet the criteria set by the NFL. [50][51], In 2019, Kroenke Sports and Entertainment developed their second esports team. During the 2016 U.S. presidential campaign, he donated $100,000 to the Hillary Victory Fund. The pandemic has kept people indoors for two years, which is making online shopping much more popular. Arsenal already had a technical link-up with Kroenke's Colorado Rapids when in April 2007 Granada Ventures, a subsidiary of ITV plc, sold its 9.9% stake in Arsenal Holdings plc to Kroenke's KSE UK inc.[36] Kroenke went on to buy further shares in the club, taking his total stake up to 12.19%. On January 4, 2016, all three teams applied for relocation to Los Angeles for the 2016 NFL season. [7], He is also the chairman of THF Realty, an independent real estate development company that specializes in suburban development. In 2004, Kroenke launched his own competitor to FSN Rocky Mountain (now known as AT&T SportsNet Rocky Mountain), Altitude, a new regional sports network which became the official broadcaster for both of Kroenke's teams on launch. 2021 Brand New Manufactured Home For Sale!! Upcoming regulations in the European Union require us to show this pop-up and ask you to agree to keep using Bisnow.com. Kroenke's holding company for sports teams has been controversial. We would like to show you a description here but the site wont allow us. Watch game, team & player highlights, Fantasy football videos, NFL event coverage & more Nearing the maximum 29.99% threshold, beyond which an offer for all remaining shares would be forced to be made.[41]. Where does their money go? Officials are still urging continued caution for drivers throughout the weekend. On April 12, 2017 it was reported that the City of St. Louis, St. Louis County, and the Regional Convention and Sports Complex Authority filed a 52-page lawsuit against the NFL and all 32 NFL clubs as defendants (including Stan Kroenke) and seeks damages and restitution of profits. Trafiguras shareholders and top traders to split $1.7bn in payouts ; Council reviewed 202mn loan to THG but lent to ecommerce groups founder instead Once again, no one hit the Powerball jackpot in Saturdays draw, but a player in the Bay Area is holding one of three tickets sold in California worth $1.1 million after matching the first five numbers, according to the California Lottery. Our real estate blogs cover all topics related to residential real estate investing such as locating the best places to invest in real estate, conducting investment property search, performing rental property analysis, finding top-performing investment properties, choosing the optimal rental strategy (traditional or Airbnb), and others. [13], In August 2017, he came under fire for launching a British outdoor sports television channel that will show regular hunting programmes that includes killing elephants, lions, and other vulnerable African species.[14]. [45][46][47][48] The Kroenke family released a statement saying they would not sell the club. [37] The club's board initially expressed skepticism that a bid would be in its best interests,[38] but gradually warmed to him as part of counteracting Alisher Usmanov's rival bid for the club. Kroenke is a somewhat reclusive man who prefers to avoid the spotlight. With a population of 440,646 as of 2020, it serves as the Bay Area's trade center They, along with the Los Angeles Gladiators of the Overwatch League, are based out of Hollywood Park next door to where Kroenke's Rams play. Enter your email below. of the WSL, the Los Angeles Rams of the NFL, Denver Nuggets of the NBA, Colorado Avalanche of the NHL, Colorado Rapids of Major [52], On a ski trip to Aspen, Colorado, Kroenke met his future wife, Ann Walton, a Walmart heiress. He has developed many of his plazas near Walmart stores. [6][7] His first job was sweeping the floor at his father's lumber yard. There have been 11 similar cases of residential burglaries in Palo Alto since October, officers announced on Sunday. Those who have a checking or savings account, but also use financial alternatives like check cashing services are considered underbanked. [33] On July 12, 2017, the Los Angeles Rams filed three motions seek to: dismiss the case for failure to state a claim, dismiss the case for lack of personal jurisdiction, and appeal to have the case determined through arbitration rather than in front of a St. Louis based jury. of the Premier League and Arsenal W.F.C. He is popularly known as "Silent Stan" because he almost never gives interviews to the press. The leading real estate marketplace. Watch the NFL's Sunday Night Football, NASCAR, Premier League and much more. Sonoma County health officials have extended its freeze warning through Wednesday in response to the National Weather Services prediction of sub-freezing temperatures through the middle of the week. Corporations can only deduct net operating losses going back two years and forward 20 years. (det > oakland county) $110,760. We need you to be cool with us holding onto your email address (if we already have it) and for us to email you about commercial real estate news and events. Stream live NBA games, game replays, video highlights, and access featured NBA TV programming online with Watch NBA TV In 2021, Kroenke was involved in an aborted effort to end the traditional European football system by creating a closed European Super League which would have included Arsenal and several other teams. Elon Musk plans to lay off most of Twitter's workforce if and when he becomes owner of the social media company. [20], Saying that he was willing to work with Missouri officials and to give the governor a "complete understanding" of the stadium situation, on November 30, 2015, Stan Kroenke met with Missouri Governor Jay Nixon at Rams Park in Earth City, Missouri. Get breaking NFL Football News, our in-depth expert analysis, latest rumors and follow your favorite sports, leagues and teams with our live updates. [8], Kroenke married Ann Walton, a Walmart heiress, in 1974. In response, St. Louis countered with National Car Rental Field, a proposed open-air stadium in the north riverfront in downtown St. Louis with the hope of the Rams staying in St. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. This is not a step Get the latest local Detroit and Michigan breaking news and analysis , sports and scores, photos, video and more from The Detroit News. He is the owner of Kroenke Sports & Entertainment, which is the holding company of Arsenal F.C. 12 For Sale by Owner in Lorain , OH. They married in 1974. June 3: Mina Kimes and the First Pitch The Business Journals features local business news from 40-plus cities across the nation. [17] On October 7, 2015, the NFL approved transfer of his ownership stake of the Avalanche and Nuggets to his wife, Ann Walton Kroenke. [44], In April 2021, Arsenal were announced as a founding member of the European Super League, which would have effectively ended the pyramid system of European football and placed Arsenal in a closed league without prospects for meritocratic relegation and promotion. An Oakland non-profit looking to spread holiday cheer is now in need of some help of its own after hundreds of dollars worth of gifts they were preparing for local children were stolen. On April 13, 1995, Stan Kroenke helped Georgia Frontiere move the National Football League's Los Angeles Rams from Anaheim to St. Louis by purchasing a 30% share of the team. Kroenke continued to grow his sports empire in 2004 when he purchased the National Lacrosse League's Colorado Mammoth and Major League Soccer's Colorado Rapids from Phil Anschutz. Reporting after incorporation. In April 2009, Banks stated he was no longer personally involved with Screaming Eagle. 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He is the owner of Kroenke Sports & Entertainment, which is the holding company of Arsenal F.C. [18], In April 2010, as he was trying to gain full ownership of the team, and knowing of an escape clause in the Rams lease at the Edward Jones Dome, Stan Kroenke said: "I'm going to attempt to do everything that I can to keep the Rams in St. [49], In late 2017, Kroenke Sports and Entertainment developed a new esports team franchise named the Los Angeles Gladiators in the newly founded Overwatch League; their inaugural season began on December 6. News about Chicago Bears, Cubs, Bulls, White Sox, Blackhawks, Fire from the Chicago Tribune, including latest injury reports, roster moves, trades, scores and analysis, photos and highlights. [24] St. Louis officials countered that Kroenke was misrepresenting the city and defended that St. Louis was being misrepresented at the owners' meetings.[25]. Here's A Post-Pandemic Shopping List To Get Ready. of the Premier League and Arsenal W.F.C. The city of Oakland celebrated Too $hort Day Saturday, in honor of the iconic Bay Area rapper. Kroenke grew up in Mora, Missouri, an unincorporated community with a population of approximately two dozen, where his father owned Mora Lumber Company. We will email you a link to reset your password. Oakland is the largest city and the county seat of Alameda County, California, United States.A major West Coast port, Oakland is the largest city in the East Bay region of the San Francisco Bay Area, the third largest city overall in the Bay Area and the eighth most populated city in California. The Land Report magazine ranked him as the United States' ninth-largest landowner in 2015. We are dedicated to getting people and goods where they need to go, be it by air, land, rail or sea, and to deliver the world class, 21st century infrastructure that our region needs to keep thriving. In August 2018, he made an offer that was accepted of around 600m valuing the total shareholding at 1.8bn, to Alisher Usmanov, to bring his ownership of shares beyond 90% and forcing the compulsory purchase of the remaining shares. [21], On January 5, 2015, it was announced that the Kroenke Group was teaming up with Stockbridge Capital Group to build a 70,000-seat NFL stadium and venue in Inglewood, California, a suburb of Los Angeles, threatening the Rams' future in St. Louis. They founded the Los Angeles Guerrillas of the Call of Duty League. [15], In 2010, Kroenke exercised his right of first refusal to purchase the remaining interest in the Rams from the estate of late owner Georgia Frontiere. In 2016, he relocated the St. Louis Rams to Los Angeles, turning the team into the Los Angeles Rams. To gain approval from NFL owners, Kroenke agreed to turn over control of the Denver Nuggets and Colorado Avalanche to his son, Josh, by the end of 2010, and he had to give up his majority stake in both teams in December 2014. The Mill Valley Police Department shut down a party of 100 to 200 young people and advised nearby storefronts to close early on Saturday evening. Sen. Raphael Warnock wins the 2022 Georgia runoff election, Desi Lydic and Michael Kosta star in an election-denier holiday romantic comedy, and Roger Federer discusses his tennis career. Louis. of the WSL, the Los Angeles Rams of the NFL, Denver Nuggets of the NBA, Colorado Avalanche of the NHL, Colorado Rapids of Major League Soccer, Colorado Mammoth of the National Lacrosse League, the Los Angeles Gladiators of the Overwatch League, and the Los Angeles Guerrillas of the Call of Duty League. Conditions were dangerous on Bay Area roads Saturday with wind, rain, and some flooding. National DICE Construction, Design & Development Series - East, Member, Board of Directors, United Security Bank, DC, Maryland And Virginia's Economic Forecast, New York Future Forum: How to Capitalize & Win the Rebound. All on FoxSports.com. Oakland International Airport (IATA: OAK, ICAO: KOAK, FAA LID: OAK) is an international airport in Oakland, California, United States, 10 miles (16 km) south of downtown located in the San Francisco Bay Area.It is owned by the Port of Oakland and has domestic passenger flights to cities throughout the United States and international flights to Mexico, Central America and the [7] Already wealthy from real estate, he became even wealthier when he and Ann inherited a stake in Walmart upon the 1995 death of her father, James "Bud" Walton. In 2000, Kroenke became full owner of both the National Basketball Association's Denver Nuggets and the National Hockey League's Colorado Avalanche, purchasing the teams from Charlie Lyons's Ascent Entertainment Group. [31][32] In 2017, the Chargers announced that they would move to Los Angeles for the 2017 season, with the intention of initially playing games in Carson, but then moving into Kroenke's Inglewood Stadium, pending completion. We need you to be ok with our use of information like your general location or reading habits to personalize your experience, so we can suggest the right stories to read or events for you to attend. Ritz Buy Would Take Qatar London Outlay To 17B, 'This Was My Dream': LA Businesses Weigh Paying Rent Or Staying Afloat, Jon Banister, Bisnow Deputy East Coast Editor, Olivia Lueckemeyer, Bisnow Dallas-Fort Worth, Joseph Gordon, Bisnow San Francisco Bay Area. We're not asking for your money. Read latest breaking news, updates, and headlines. Yearly rankings of the best employers in the United States, Canada as well as for women, diversity, recent grads and beyond. [26] The following day, the Rams and Stan Kroenke released their proposal for relocation. Network Associates renewed the contract in 2003 for an additional five years at a cost of $6 million. He founded this corporation in St. Louis, Missouri, in 1991. The family's net worth is estimated at $2.7 billion, according to Forbes, as of July 2015. We need you to know that security is our top priority and that we hold any information we have about you under lock and key. The arbitrators agreed with the Rams, giving the Rams the ability to break their original lease and assume a year-to-year lease agreement. Arsenal and the five other English clubs involved backed out within two days after a strong backlash. Our news is free and we intend to keep it that way. Search millions of for-sale and rental listings, compare Zestimate home values and connect with local professionals. 2021 Brand New Manufactured Home For Sale!! Elon Musk Under Fire For Installing Bedrooms For Staff At Twitter HQ, A Yacht Club, Michael Milken And Tesla: Meet 10 Of The Nation's Swankiest Opportunity Zones. The motions in the case will be decided upon by Judge Christopher McGraugh. Trafiguras shareholders and top traders to split $1.7bn in payouts ; Council reviewed 202mn loan to THG but lent to ecommerce groups founder instead In 2016, THF's portfolio was valued at more than $2billion, including more than 100 projects totaling 20 million square feet, primarily in retail shopping centers. Plus, Sarah and Julie talk owner-to-owner (Red Stars and Angel City FC, respectively) about the current National Women's Soccer League season. Success! On April 10, 2011, it was reported that Kroenke was in advanced talks to complete the takeover. The Nuggets and Avalanche franchises are held in the name of his wife, Ann Walton Kroenke, to satisfy NFL ownership restrictions that forbid a team owner from having teams in other markets. Both venues were built by his development company. The underbanked represented 14% of U.S. households, or 18. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. [11][12] Among notable purchases is his February 2016 acquisition of the famous Waggoner Ranch in Texas, the largest ranch within one fenceline. Browse our listings to find jobs in Germany for expats, including jobs for English speakers or those in your native language. Jul 26. The social media platforms new owner issued the warning Sunday after some celebrities changed their Twitter display names not their account names to Elon Musk in reaction to the billionaires decision to offer verified accounts to all comers for $8 month. Will Trump Organization Conviction Trigger Bad Boy Clause With Lenders? The Bay Area will see cold and wet conditions for the next several days, including heavy rain and strong winds Saturday, according to a bulletin from the National Weather Service. Founded in 1999, Kroenke Sports & Entertainment owns Ball Arena in Denver, home of the Nuggets, Avalanche and Mammoth, and co-owns Dick's Sporting Goods Park in Commerce City, home of the Rapids. [22] At the NFL relocation presentation, Kroenke stated that St. Louis was no longer a viable market for the NFL, and was best served by only two teams. Get information on latest national and international events & more. We want to take 15 seconds to tell you what's going on: Sound good? Elon Musk says Twitter will permanently suspend any account that impersonates another. At Cole Camp (Missouri) High School, he played baseball, basketball and ran track. The Raiders subsequently announced a move to Las Vegas, Nevada. By age 10 he was keeping the company's books. CREATE A FOLLOWING Tribune Content Agency builds audience Our content engages millions of readers in 75 countries every day Members of the The San Diego Union-Tribune Editorial Board and some local writers share their thoughts on 2022. Copyright 2022 NBCUniversal Media, LLC. Stay up to date on the latest NBA news, scores, stats, standings & more. In the four major U.S. sports, Kroenke's teams have won four championships under his ownership (either partial or full), with the Rams winning two Super Bowls, and the Avalanche winning two Stanley Cups. Jul 26. [42][43] The following day, it was announced that he increased his shareholding to 62.89% by purchasing the stakes of Danny Fiszman and Lady Nina Bracewell-Smith, and agreed to make an offer for the rest of the club at 11,750 per share, valuing the club at 731M. [53], He is of German descent and was raised Lutheran.[7]. Stay informed Subscribe to our email newsletter. [4] He also has an MLS Cup to his credit as owner of the Rapids,[5] and two National Lacrosse League Championships as owner of the Mammoth. towards a paywall. CBS Sports has the latest NFL Football news, live scores, player stats, standings, fantasy games, and projections. [57][58], American billionaire businessman (born 1947), Wealthiest people in the United States by state, "Stan Kroenke donated money to Clinton in race against Trump", "NFL owners let Kroenke keep Rams; transfer Nuggets, Avalanche to his wife", As owner, Stank Kroenke fills his trohpy case with teams -, "Stan Kroenke finishes what he starts; will finish line be in L.A.? The Justice Departments Civil Rights Division will monitor polls in 64 jurisdictions in 24 states to protect voters civil rights during the midterm elections. 12 For Sale by Owner in Lorain , OH. He subsequently donated $1million to Donald Trump's inaugural committee. Want To Reopen Your Office Building? The Oakland Fire Department took control of a fire involving eight big rig trucks at 14th and Maritime Streets on Sunday morning. Use the form below to reset your password. Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News Bay Area Comcast customers reported Sunday night that they were experiencing an outage with their cable service. He founded the Kroenke Group in 1983, a real estate development firm that has built shopping centers and apartment buildings. NFL Twitter had great reactions to Brock Purdys performance in the 49ers dominant win over the Tampa Bay Buccaneers on Sunday. We also provide tools to help businesses grow, network and hire. Louis. Microsoft pleaded for its deal on the day of the Phase 2 decision last month, but now the gloves are well and truly off. The NFL does not allow its owners to hold majority control of major league teams in other NFL markets. Get breaking NBA Basketball News, our in-depth expert analysis, latest rumors and follow your favorite sports, leagues and teams with our live updates. Watch breaking news videos, viral videos and original video clips on CNN.com. [16] On August 25, 2010, he became full owner of the Rams by unanimous consent of the NFL. "[19], In February 2013, the Rams and the City of St. Louis went to arbitration over a clause in the Rams' lease that stated the Rams current stadium must be in the top tier of NFL stadiums. We need additional data to finish your registration. (det > oakland county) $110,760. of the Premier League and Arsenal W.F.C. House Speaker Nancy Pelosi held back tears speaking Monday for the first time about being awakened by pounding on the door as Capitol Police rushed to tell her about theassault on her husbandat the familys home in San Francisco. Get breaking MLB Baseball News, our in-depth expert analysis, latest rumors and follow your favorite sports, leagues and teams with our live updates. Create a free account to access the largest B2B CRE platform in the world. [17] He rarely interferes in his teams' day-to-day operations. 'Rational To Be Anxious: What Happens Next After Blackstone, Starwoods Withdrawal Freeze, Short Seller Report Alleges $32B REIT Is Hiding Losses In 'Shell Game', Soaring Investor Withdrawals May Force Real Estate Funds To Sell Buildings. [9], In 2006, Kroenke, in partnership with the money manager Charles Banks, acquired Screaming Eagle, a winery in Napa Valley. Get MLB news, scores, stats, standings & more for your favorite teams and players -- plus watch highlights and live games! We will update you on new newsroom updates. Kroenke also questioned the financial future of the team. Commercial real estate news, events, recruiting solutions, and marketing services. After the aborted attempt to end the European football system, Arsenal fans protested and called for the Kroenke family to sell the club. [3] Ann is the daughter of Walmart co-founder James "Bud" Walton. Owner: Oakland-Alameda County Coliseum Authority (City of Oakland and Alameda County) Operator: AEG: or, alternately in marketing and media usage as, "the Net".