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LOS ANGELES — B. Wayne Hughes, the founder and chairman of Public Storage whose passion for horse racing culminated with a victory by Authentic in the 2020 Kentucky Derby and Breeders’ Cup Classic, died Wednesday. He was 87.

Hughes died at home at Spendthrift Farm in Lexington, Kentucky, according to an announcement posted on the farm’s website. No cause of death was provided.

He purchased the historic 700-acre farm in 2004 and relocated from Southern California to restore its name and land, returning Spendthrift to prominence as a commercial breeding operation.

Last year, Authentic pulled away down the stretch to win the Kentucky Derby by 1 1/4 lengths in Hughes’ 50th year as a thoroughbred owner. The 3-year-old colt was trained by Hall of Famer Bob Baffert, who earned his record-tying sixth victory in the race.

Baffert first met Hughes when he arrived at Santa Anita from Arizona and switched from training quarterhorses to thoroughbreds full-time in 1991.

“I had a cowboy hat and he would invite me to breakfast with him and five other trainers,” Baffert told The Associated Press. “I listened to the stories and got to know him when I had one horse. I never thought I’d train for him.”

Last year, Hughes partnered with an upstart online ownership group called Myracehorse.com, which offered anyone who paid $206 a microshare ownership interest in Authentic. Over 5,300 people bought in.

“By people buying a small interest, it would attach them to the game,” Hall of Fame trainer Richard Mandella told the AP. “He thought that would make some devoted fans, not just casual.”

Wearing Hughes’ purple-and-orange colors, Authentic went on to win the BC Classic, and Hughes attended at Keeneland to accept the trophy in a crowded winner’s circle. The colt also won the Eclipse Award as Horse of the Year.

“He’s really going to be missed because he made such an impact on the industry,” Baffert said. “He wanted to rejuvenate the sport.”

Among Hughes’ other notable horses were Action This Day, the 2003 BC Juvenile winner and 2-year-old champion; and Beholder, one of three female horses in history to be a four-time Eclipse champion. She won three Breeders’ Cup races, among her 11 Grade 1 stakes victories. She stands at Spendthrift as a broodmare.

“He was very blessed, and he knew it,” said Hall of Fame jockey Mike Smith, who rode Beholder once. “He’s done so much for horse racing, and the horses, too.”

Mandella, who trained Beholder during her entire career, recalled Hughes’ equanimity in a sport where the losses far outnumber the victories.

“When things went bad, he sucked it up,” Mandella said, “and we went on to the next mission.”

Born Bradley Wayne Hughes on Sept. 28, 1933, in Gotebo, Oklahoma, he was the son of a sharecropper. He moved to Southern California as a child and was introduced to horse racing by his father who took him to Santa Anita for the first time at age 11.

Known all his life by his middle name, Hughes built his well-known work ethic from a young age, delivering newspapers as a teenager to help pay for tuition at the University of Southern California, where he graduated in 1957. He was inducted into the school’s Athletic Hall of Fame in 2012 and was a major donor. He also served in the Navy.

Hughes was founder and chairman of Public Storage, one of the largest self-storage companies in the U.S. He was president and co-CEO before retiring in 2002, when he turned his attention full-time to racing.

“He was the first billionaire I ever met and you never would have known it,” Baffert said. “He was successful, but he never quit. He had so much energy.”

Hughes created and funded the Parker Hughes Cancer Center in Minnesota, named for his youngest son who died in 1998.

He is survived by wife Patricia, son Wayne Jr., and daughter Tamara Gustavson. He was preceded in death by parents William and Blanche.

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NASCAR asks judge to dismiss antitrust lawsuit

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NASCAR asks judge to dismiss antitrust lawsuit

CHARLOTTE, N.C. — NASCAR went before a federal judge Wednesday and asked for the antitrust suit filed against the stock car series to be dismissed. Should it proceed, NASCAR asked that the two teams suing be ordered to post a bond to cover fees they would not be legally owed if they lose the case.

NASCAR also asked U.S. District Judge Kenneth Bell of the Western District of North Carolina to dismiss chairman Jim France as a defendant in the suit filed by 23XI Racing, a team co-owned by NBA Hall of Famer Michael Jordan, and Front Row Motorsports, which is owned by entrepreneur Bob Jenkins.

Bell promised a fast ruling but indicated he was unlikely to dismiss the suit when he closed the 90-minute hearing. The calendar he set when he received the case last month calls for a December trial.

“This case is going to be tried this year, and deserves to be tried this year,” Bell said.

Bell replaced Judge Frank Whitney, who heard the first round of arguments in early November. The teams went before Whitney and asked to be recognized as chartered teams this year as the suit progresses, but Whitney denied the motion.

The teams appealed and the case was transferred to Bell, who overruled Whitney and granted an injunction that allow 23XI and Front Row to compete with charter recognition throughout the 2025 season. That led NASCAR to request the teams post a bond to cover all the payouts they will receive as chartered teams as collateral should the teams lose the case.

NASCAR and the teams that compete in the top Cup Series operate with a franchise system that was implemented in 2016 in which 36 cars have “charters” that guarantee them a spot in the field at every race and financial incentives. There are four “open” spots earmarked for the field each week.

The teams banded together in negotiations on an improved charter system in a contentious battle with NASCAR for nearly two years. NASCAR in September finally had enough and presented the teams with a take-it-or-leave-it offer that had to be signed same day — just 48 hours before the start of the playoffs.

23XI and Front Row were the only two teams out of 15 who refused to sign the new charter agreement. They then teamed together to sue NASCAR and France, arguing as the only stock car entity in the United States, NASCAR has a monopoly and the teams are not getting their fair share of the pie.

Both organizations maintained they would still compete as open cars, but convinced Bell last month to give them chartered status by arguing they would suffer irreparable harm as open cars. Among the claims was that 23XI driver Tyler Reddick, last year’s regular season champion, would contractually become an immediate free agent if the team did not have him in a guaranteed chartered car.

Bell peppered both sides with questions regarding payout structures, what harm NASCAR would suffer if the teams were open cars and other issues.

“Why give a charter to anyone?” he at one point asked NASCAR.

Replied NASCAR attorney Christopher Yates, of Latham & Watkins: “NASCAR would be perfectly fine going back to that (pre-charter) model.”

Bell admitted he doesn’t normally hear motions to dismiss but did Wednesday because “we’ve got to get this case moving.” He later said he felt the hearing was beneficial as he was able to “size up” the attorneys and they could do the same with him.

Bell also warned both sides to work together to avoid disputes and promised the losing side will pay the fees for the discovery portion of the case.

With all indications that Bell is not going to dismiss the suit, it appears the only suspense will be if he orders the teams to post bond before the season begins next month. NASCAR argued Wednesday that it needs that money earmarked because it would be redistributed to the chartered teams if 23XI and Front Row lose.

Jeffery Kessler, considered the top antitrust lawyer in the country, argued that NASCAR has made no such promise to redistribute the funds to other teams. Kessler said NASCAR told teams it was up to NASCAR’s discretion how it would use the money and didn’t rule out spending some on its own legal fees.

Jordan and Jenkins attended the first hearing but were not present Wednesday. Only 23XI co-owner Denny Hamlin was present, along with his fiancee and mother. France and vice chairman Mike Helton were in the gallery with NASCAR’s in-house legal counsel and members of the communications team.

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Portal QB Van Dyke picks SMU for his third stop

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Portal QB Van Dyke picks SMU for his third stop

Former Wisconsin/Miami quarterback Tyler Van Dyke has committed to SMU, agent Shawn O’Dare of Rosenhaus Sports announced Wednesday.

The fifth-year quarterback entered the transfer portal after appearing in three games this fall during his debut season with the Badgers before sustaining a season-ending injury against Alabama on Sept. 14.

Van Dyke, a three-year starter at Miami from 2021 to 2023, has 7,891 career passing yards and 55 career touchdown passes and has one year of eligibility remaining. He was ranked by ESPN as the 25th best quarterback in the transfer portal.

With 33 career games played, the 6-foot-4, 225-pound passer was one of the most experienced quarterbacks available in the 2024 portal cycle.

Benched in his final season at Miami in 2023, Van Dyke arrived at Wisconsin last offseason and was named the Badgers’ starting quarterback on Aug. 14 after a camp competition with sophomore Braden Locke. Van Dyke completed 43 of 68 passes for 422 yards and a touchdown in three starts to open the 2024 season, but he was sidelined for the rest of the season after sustaining a knee injury on the opening drive of Wisconsin’s 42-10 loss to Alabama in Week 3.

The 2025 season will mark Van Dyke’s sixth in college football. He first burst onto the scene at Miami in 2021, taking over for injured D’Eriq King and throwing for 2,931 yards with 25 touchdowns and six interceptions on his way to ACC Rookie of the Year honors.

But Van Dyke’s next two seasons with the Hurricanes were marred by injury and turnover struggles, headlined by a 2023 campaign in which Van Dyke threw a career-high 12 interceptions and was benched in favor of backup Emory Williams before regaining the starting role after Williams sustained a season-ending injury.

ESPN’s Eli Lederman contributed to this report.

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Franklin jabs at ND, says CFP needs uniformity

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Franklin jabs at ND, says CFP needs uniformity

DANIA BEACH, Fla. — While discussing the opportunity that awaits Penn State in the College Football Playoff, coach James Franklin said Wednesday that the showdown against Notre Dame is about “representing our schools and our conferences.”

Franklin then caught himself, realizing Notre Dame coach Marcus Freeman was sitting just to his right.

“Or our conference, excuse me,” Franklin said.

Penn State will be representing the Big Ten against FBS independent Notre Dame in the College Football Playoff Semifinal at the Capital One Orange Bowl on Thursday night (7:30 p.m. ET, ESPN) at Hard Rock Stadium.

The Nittany Lions reached the Big Ten championship game before earning a No. 6 seed in the first 12-team CFP, while the Fighting Irish made the playoff as an at-large and earned the No. 7 seed despite playing in one fewer game.

Franklin said he thinks a larger CFP ultimately requires more uniformity around college football, including every team to be part of a conference and playing the same number of league games. Notre Dame, one of three remaining FBS independents, sees its status as central to the school’s identity and has resisted chances to join the Big Ten and other conferences over the years. The Fighting Irish compete in the ACC for most of their other major sports, and they have a scheduling agreement with the ACC in football.

“It should be consistent across college football,” Franklin said. “This is no knock at [Freeman] or Notre Dame, but I think everybody should be in a conference. I think everybody should play a conference championship game, or nobody should play a conference champion championship game. I think everybody should play the same number of conference games.”

Penn State reached the CFP by playing nine conference games as well as the Big Ten championship game against No. 1 Oregon, which defeated the Nittany Lions 45-37 on Dec. 7. The Big 12 also has maintained a nine-game league slate, while the SEC and ACC have stayed at eight conference games.

Franklin, who coached at Vanderbilt before Penn State, praised the SEC for remaining at eight league games, which the league’s coaches wanted. The SEC has repeatedly considered going to nine league games during Franklin’s time in the Big Ten.

“I was not a math major at East Stroudsburg, but just the numbers are going to make things more challenging if you’re playing one more conference game,” he said.

Franklin also highlighted other areas of the sport that could be made more uniform, including starting the season a week earlier to ease the strain of playing more games with an expanded playoff. He reiterated his desire to appoint a college football commissioner unaffiliated with a school or a conference, and once again mentioned longtime coach and current ESPN analyst Nick Saban as an option, along with former Washington and Boise State coach Chris Petersen, now a Fox college football analyst, and Dave Clawson, who recently stepped down as Wake Forest’s coach.

“We need somebody that is looking at it from a big-picture perspective,” Franklin said.

Freeman acknowledged that Notre Dame prides itself on its independence. He said the team uses the weekend of conference championships, when they’re guaranteed not to be playing, as another open week for recovery and other priorities.

Notre Dame ended the regular season Nov. 30 and did not play again until Dec. 20, when it hosted Indiana in a first-round CFP game. In helping craft the format for the 12-team CFP, former Notre Dame athletic director Jack Swarbrick agreed that if the Irish were selected, they would not be eligible to earn a bye into the quarterfinals.

Freeman noted that he doesn’t have a strong opinion on whether college football needs more uniformity.

“I’m a guy that just [thinks], ‘Tell us what we’re doing and let’s go, and you move forward,'” Freeman said. “I love where we’re at right now. [Athletic director] Pete Bevacqua and our Notre Dame administration will continue to make decisions that are best for our program.”

Franklin said his desire for greater consistency stems from the CFP selection process and the difficulty of committee members to sort through teams with vastly different paths and profiles, and determine strength of schedule and other factors.

“How do you put those people that are in that room to make a really important decision that impacts the landscape of college football, and they can’t compare apples to apples or oranges to oranges?” Franklin said. “I think that makes it very, very difficult.”

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