Some of the most drastic cuts in Mr. Bloomberg's preliminary proposal would affect schools.

WSJ: Mayor's Final Budget Is Aided by Economy

As previously disclosed on January 8, 2013, Clearwire did not take the initial draw under the Sprint Financing Agreements as DISH indicated that its preliminary proposal would be withdrawn were Clearwire to draw on the financing.

FORBES: Is Clearwire's "Special Committee" Finally Doing Its Proper Job?

On Thursday, Mr. Michael Bloomberg is expected to release his preliminary budget proposal for the fiscal year beginning July 1.

WSJ: Stringer Calls for Tax Cut

The mayor's preliminary budget proposal for the fiscal year beginning July 1 calls again for the FDNY to shutter 20 fire companies, a proposal that council members have blocked in the past.

WSJ: FDNY Exam Now Looking Costly to City

The DISH Proposal is only a preliminary indication of interest and is subject to numerous, material uncertainties and conditions, including the negotiation of multiple contractual arrangements being requested by DISH (some of which, as currently proposed, may not be permitted under the terms of Clearwire's current legal and contractual obligations).

ENGADGET: Dish Network makes an offer to buy Clearwire, even though Sprint was already buying Clearwire

But the new proposal will surely motivate teams to finish first and avoid a preliminary one and done round.

FORBES: Baseball Could Use Expanded Playoffs

Ali Velayati, who was foreign minister from 1981-97, and remains a top adviser to Iran's Supreme Leader, Ayatollah Ali Khamenei, has publicly declared that Iran should accept the proposal, which calls for an initial six-week period of preliminary talks, during which Iran would forego any expansion of its enrichment programme in exchange for a freeze on new sanctions.

ECONOMIST: Iran��s confrontation with the West