1 00:00:06,760 --> 00:00:08,280 Speaker 1: Hey, welcome in. I'm Doug Gottlie. 2 00:00:08,320 --> 00:00:12,520 Speaker 2: This is all BALLU man. We got a lot to 3 00:00:12,560 --> 00:00:16,720 Speaker 2: get to today, as we've seen Kevin Durant and Lebron 4 00:00:16,840 --> 00:00:19,720 Speaker 2: James and of course Steph Curry all be eliminated either 5 00:00:19,720 --> 00:00:23,640 Speaker 2: from the play in or the tournament itself. And then 6 00:00:23,680 --> 00:00:26,920 Speaker 2: of course you have the wild, wacky world of an 7 00:00:27,000 --> 00:00:28,960 Speaker 2: I l which we'll get to with Part two with 8 00:00:29,040 --> 00:00:34,920 Speaker 2: Dan Poneman, who is the most known and respected of 9 00:00:35,000 --> 00:00:37,520 Speaker 2: the NIL agents I believe out in space in terms 10 00:00:37,560 --> 00:00:41,120 Speaker 2: of landing players. You know, everybody does NIL a little 11 00:00:41,159 --> 00:00:44,240 Speaker 2: bit differently. Some of these guys. You know, there's Darren Heidner, 12 00:00:44,240 --> 00:00:46,000 Speaker 2: who we've had on before, who does more of the 13 00:00:46,520 --> 00:00:49,920 Speaker 2: traditional name moons and likeness deals with the Cavender twins 14 00:00:49,920 --> 00:00:54,880 Speaker 2: and others. But anyway, I think that it's been and 15 00:00:55,000 --> 00:00:57,200 Speaker 2: Jason Belzer has joined us previously, and of course Dan 16 00:00:57,280 --> 00:01:00,440 Speaker 2: Poneman will join us for Part two. I think we'll 17 00:01:00,480 --> 00:01:03,320 Speaker 2: have a part three as well. So let's let me 18 00:01:03,080 --> 00:01:07,720 Speaker 2: give you a couple thoughts here. At the time that 19 00:01:07,800 --> 00:01:10,280 Speaker 2: we dropped this pod, the Lakers have just lost their 20 00:01:10,319 --> 00:01:16,080 Speaker 2: fourth game to the Denver Nuggets, and I thought the 21 00:01:16,160 --> 00:01:20,520 Speaker 2: Lakers gave the Nuggets all they wanted really do. And 22 00:01:20,800 --> 00:01:24,000 Speaker 2: there was a couple of games in the middle where 23 00:01:24,120 --> 00:01:28,240 Speaker 2: Lebron didn't play as well high turnovers defense, Like he's 24 00:01:28,240 --> 00:01:30,119 Speaker 2: not the defender he used to be. It's not really 25 00:01:30,160 --> 00:01:33,360 Speaker 2: close snort should he be asked to be that level defender? 26 00:01:33,400 --> 00:01:37,120 Speaker 2: But I mean, I kind of find it hard. You know, 27 00:01:37,160 --> 00:01:40,119 Speaker 2: you really sound like a Lebron hater when you're finding 28 00:01:40,120 --> 00:01:44,000 Speaker 2: fault with Bron in this particular case as opposed to 29 00:01:44,840 --> 00:01:50,920 Speaker 2: the construct of the roster. And you know, the decision, 30 00:01:51,200 --> 00:01:54,120 Speaker 2: I frankly think that higher divn Ham like that was 31 00:01:54,160 --> 00:01:57,320 Speaker 2: a bad decision. And I don't know Darvin personally. I 32 00:01:57,360 --> 00:02:01,680 Speaker 2: know enough about how he runs his ship. But the 33 00:02:01,760 --> 00:02:05,320 Speaker 2: idea that you would bring a guy who's that inexperienced 34 00:02:05,360 --> 00:02:09,680 Speaker 2: in granted former player, right, So there's the and you know, 35 00:02:09,680 --> 00:02:12,000 Speaker 2: with his size, he can legit look Lebron in the eyes. 36 00:02:12,040 --> 00:02:14,560 Speaker 2: There's a little bit of mutual respect, but like, look, 37 00:02:14,720 --> 00:02:18,200 Speaker 2: Lebron wants to win. And you just got the sentence 38 00:02:19,320 --> 00:02:22,080 Speaker 2: over the past two years of playing for him that 39 00:02:23,040 --> 00:02:26,160 Speaker 2: you know, whether it's personnel and you know D'Angel Russell 40 00:02:26,200 --> 00:02:29,200 Speaker 2: not being good enough for you know, rotations, and I mean, 41 00:02:29,240 --> 00:02:31,280 Speaker 2: even who was in in the last shot last night 42 00:02:31,840 --> 00:02:35,760 Speaker 2: when Jamal Murray hit the shot, Like just the little 43 00:02:35,800 --> 00:02:39,600 Speaker 2: things like substitutions are huge things in everybody's minds, but 44 00:02:39,680 --> 00:02:44,160 Speaker 2: especially Lebron James. So you know, somehow I went from 45 00:02:44,680 --> 00:02:47,640 Speaker 2: if you go back a decade ago, you know, when 46 00:02:47,720 --> 00:02:51,079 Speaker 2: Lebron was winning in Miami. I was trying to tell 47 00:02:51,120 --> 00:02:56,359 Speaker 2: people this guy has been maligned and you know, he's 48 00:02:56,360 --> 00:02:59,800 Speaker 2: held to a ridiculous standard when he's an unbelievable player. 49 00:03:00,400 --> 00:03:02,760 Speaker 2: And since that, in trying to keep it real and 50 00:03:02,800 --> 00:03:05,520 Speaker 2: point out some of his clause and the way he 51 00:03:05,600 --> 00:03:08,400 Speaker 2: does things, et cetera, et cetera, I've become seen as 52 00:03:08,440 --> 00:03:10,800 Speaker 2: the Lebron hater. I just feel like I'm a realistness thing, 53 00:03:11,280 --> 00:03:15,680 Speaker 2: and the reality is that Lebron James is an incredible player, 54 00:03:15,760 --> 00:03:19,480 Speaker 2: and he gave incredible effort and had a ridiculous season. Yeah, 55 00:03:19,480 --> 00:03:21,799 Speaker 2: does he take a lot more plays off shore? Are 56 00:03:21,800 --> 00:03:24,760 Speaker 2: there some excuses afterwards? Like afterwards we heard the man 57 00:03:24,800 --> 00:03:26,200 Speaker 2: we just had so many injuries, Like what are you 58 00:03:26,240 --> 00:03:29,240 Speaker 2: talking about? Game Vincent was hurt. They never got anything 59 00:03:29,240 --> 00:03:31,920 Speaker 2: out of Gay Vincent, I'll give you that, and he 60 00:03:32,040 --> 00:03:33,920 Speaker 2: probably would have been your starting point guard. That is 61 00:03:33,960 --> 00:03:39,200 Speaker 2: a fair assessment. That's fair. But the top four players 62 00:03:39,200 --> 00:03:42,520 Speaker 2: and the Lakers played seventy games. You know, the Lakers 63 00:03:42,560 --> 00:03:44,600 Speaker 2: seven seed didn't have anything to do with load management, 64 00:03:44,960 --> 00:03:46,520 Speaker 2: didn't have anything to do with anything other than they 65 00:03:46,520 --> 00:03:50,200 Speaker 2: just weren't that good. And I don't I'm not convinced 66 00:03:50,200 --> 00:03:53,040 Speaker 2: the Nuggets are as dominant as they were last year. 67 00:03:53,120 --> 00:03:55,640 Speaker 2: Just I don't think their bench is nearly as good. 68 00:03:56,000 --> 00:03:58,000 Speaker 2: And I think that's one of the reasons that they trail, 69 00:03:58,720 --> 00:04:01,080 Speaker 2: you know, so often, they trailed time of all these games. 70 00:04:01,880 --> 00:04:04,400 Speaker 2: As for lebron and where he'll go, you know, he's 71 00:04:04,440 --> 00:04:06,360 Speaker 2: obviously going to leverage the fact that he's a free 72 00:04:06,360 --> 00:04:09,640 Speaker 2: agent and can be a free agent to get Bronni 73 00:04:09,840 --> 00:04:13,120 Speaker 2: with the Lakers. I just think that's a mistake. Just 74 00:04:13,200 --> 00:04:16,120 Speaker 2: do you know, I get it. Like, look, if my 75 00:04:16,200 --> 00:04:17,920 Speaker 2: dad could have done it, he probably would have done 76 00:04:17,960 --> 00:04:20,400 Speaker 2: it too. Get you in the league, give you a chance, 77 00:04:20,960 --> 00:04:23,880 Speaker 2: and you can develop in the G League. But like 78 00:04:24,000 --> 00:04:26,040 Speaker 2: I think, I think Bronni can have a great college 79 00:04:26,040 --> 00:04:28,040 Speaker 2: career and really have a fun college career. Now there 80 00:04:28,080 --> 00:04:32,400 Speaker 2: is a world there where Lebron Lebronny goes to Duquane 81 00:04:32,560 --> 00:04:35,599 Speaker 2: Right plays for his one of his best friends, and 82 00:04:35,720 --> 00:04:39,120 Speaker 2: in year two with the Lakers. There's also a world 83 00:04:39,120 --> 00:04:43,039 Speaker 2: where Lebron as a free agent, could sign for minimum money. 84 00:04:43,320 --> 00:04:45,039 Speaker 2: None of these guys do it, but he could sign 85 00:04:45,120 --> 00:04:47,279 Speaker 2: for a lot less so that they could sign they 86 00:04:47,320 --> 00:04:49,120 Speaker 2: could actually build a super team, and he could act 87 00:04:49,200 --> 00:04:51,240 Speaker 2: like he's thirty nine. He could chill out some games. 88 00:04:51,960 --> 00:04:54,800 Speaker 2: But again, we know the reality of how the Players 89 00:04:54,800 --> 00:04:58,360 Speaker 2: Association would react to that, how Lebron would not. That's 90 00:04:58,800 --> 00:05:01,640 Speaker 2: that's not something he's ever been down for. I just 91 00:05:01,640 --> 00:05:04,920 Speaker 2: don't see it happening. As for Kevin Durant, the Sons, 92 00:05:06,000 --> 00:05:09,520 Speaker 2: you know, that's just a bad mix and bad mix. 93 00:05:10,200 --> 00:05:12,800 Speaker 2: They they made some poor personnel decisions. I don't think 94 00:05:12,800 --> 00:05:17,360 Speaker 2: they needed Brad Deel. I actually think DeAndre Ayton would 95 00:05:17,360 --> 00:05:19,640 Speaker 2: have been a good fit, especially playing for a new 96 00:05:19,640 --> 00:05:24,200 Speaker 2: coach and in Frank, but it wasn't. They didn't have 97 00:05:24,240 --> 00:05:26,760 Speaker 2: a center, they didn't have a point guard, and the 98 00:05:26,800 --> 00:05:29,680 Speaker 2: wings didn't all fit together. They didn't seem to buy in, 99 00:05:29,760 --> 00:05:32,159 Speaker 2: and Frank seem to struggle to coach. And then you 100 00:05:32,200 --> 00:05:33,760 Speaker 2: have the Golden State Warriors and what do they do? 101 00:05:33,839 --> 00:05:35,960 Speaker 2: What do they do with Clay. You know again, it's 102 00:05:35,960 --> 00:05:38,200 Speaker 2: like you bring Clay back? Sure, well, at what price? 103 00:05:39,120 --> 00:05:41,239 Speaker 2: At what price? With all these guys, it's at what price? 104 00:05:42,080 --> 00:05:43,640 Speaker 2: And then we wait to see with the Clippers and 105 00:05:43,680 --> 00:05:46,240 Speaker 2: the MAVs, losing coach could be the next Lakers at coach. 106 00:05:47,320 --> 00:05:49,760 Speaker 2: But also, are you better off playing without Kawhi in 107 00:05:49,760 --> 00:05:51,719 Speaker 2: this series? And hope he's healthy for the next series, 108 00:05:52,000 --> 00:05:53,719 Speaker 2: and see if you can squeak out two more against 109 00:05:53,760 --> 00:05:58,000 Speaker 2: the against the Mavericks more NBA Steff to come. But 110 00:05:58,040 --> 00:06:00,440 Speaker 2: let's take back into the portal and Nil, here's part 111 00:06:00,440 --> 00:06:01,839 Speaker 2: two with Dan Punter. 112 00:06:04,279 --> 00:06:05,520 Speaker 3: All right, let's just get right back. 113 00:06:05,640 --> 00:06:08,040 Speaker 2: Let's just dive right back in, because you just get 114 00:06:08,080 --> 00:06:12,160 Speaker 2: back from Portsmith, which of course is the more traditional 115 00:06:12,960 --> 00:06:15,640 Speaker 2: agent place right where seniors are trying to find a 116 00:06:15,680 --> 00:06:18,440 Speaker 2: guy to help them and guide them through all of this. 117 00:06:19,040 --> 00:06:21,880 Speaker 2: And I know that you were hit up by hundreds 118 00:06:21,920 --> 00:06:24,880 Speaker 2: of people in terms of listening to the first pod 119 00:06:25,320 --> 00:06:29,680 Speaker 2: questions they had. Let's start with a couple of things 120 00:06:29,720 --> 00:06:33,000 Speaker 2: that I get asked, and I just wonder kind of 121 00:06:33,000 --> 00:06:37,800 Speaker 2: your immediate response. Let's start with an agent, and so like, 122 00:06:37,880 --> 00:06:41,440 Speaker 2: why do you need an agent? Why does a college 123 00:06:41,440 --> 00:06:43,920 Speaker 2: player need an agent in the world of an iol. 124 00:06:45,160 --> 00:06:47,920 Speaker 4: Well, I'll answer that question, but first here initial comment. 125 00:06:47,960 --> 00:06:51,440 Speaker 4: It's funny. I was at Portsmouth at Portsmuth Invitational, which, 126 00:06:51,680 --> 00:06:53,719 Speaker 4: for those who don't know, is the top sixty four 127 00:06:53,839 --> 00:06:57,880 Speaker 4: outgoing seniors in college basketball playing in a tournament in 128 00:06:57,880 --> 00:07:00,560 Speaker 4: front of two hundred and fifty NBA scouts. So I'm 129 00:07:00,560 --> 00:07:02,440 Speaker 4: there because I have some guys in the draft, right, 130 00:07:02,520 --> 00:07:04,600 Speaker 4: so I'm going to talk to NBA scouts to push 131 00:07:04,640 --> 00:07:09,080 Speaker 4: my guys get information. Almost every NBA scout just wanted 132 00:07:09,080 --> 00:07:12,240 Speaker 4: to talk to me about Nil. Everybody's like, oh, yeah, cool, 133 00:07:12,280 --> 00:07:14,080 Speaker 4: let's talk about your players, but also what the heck 134 00:07:14,160 --> 00:07:18,480 Speaker 4: is going on with Nil? I mean, everyone is fascinated 135 00:07:19,120 --> 00:07:23,080 Speaker 4: by this world. It's I'm so entrenched in it. It 136 00:07:23,160 --> 00:07:25,600 Speaker 4: seems so normal to me. It's just everyday life. But 137 00:07:25,720 --> 00:07:28,760 Speaker 4: I guess from the outside looking in, it is this 138 00:07:28,840 --> 00:07:33,080 Speaker 4: whole mystery box of madness that I guess. That's why 139 00:07:33,080 --> 00:07:35,080 Speaker 4: there was so much interest in our first episode. I'm 140 00:07:35,080 --> 00:07:37,800 Speaker 4: happy to be back, but I guess, yeah, let's jump 141 00:07:37,800 --> 00:07:40,520 Speaker 4: into it. Why does a player need an agent? Well, 142 00:07:41,560 --> 00:07:47,240 Speaker 4: let's look at any other sport, basketball, soccer, football, where 143 00:07:48,000 --> 00:07:53,120 Speaker 4: athletes are making between one hundred thousand and a million plus. 144 00:07:54,320 --> 00:07:57,240 Speaker 4: Whether it's olympians or pro sports overseas or here, they 145 00:07:57,280 --> 00:08:01,200 Speaker 4: all have agents. If you're a musician and you're making 146 00:08:01,280 --> 00:08:04,200 Speaker 4: a million dollars a year touring, you have an agent. 147 00:08:04,520 --> 00:08:09,280 Speaker 4: When you're dealing with money at that magnitude, you need 148 00:08:09,320 --> 00:08:11,120 Speaker 4: an agent. You need someone who's been through the battles, 149 00:08:11,880 --> 00:08:14,880 Speaker 4: you know, hundreds, if not thousands of times, who knows 150 00:08:15,080 --> 00:08:16,960 Speaker 4: what to look for in a contract to know, Hey, 151 00:08:17,200 --> 00:08:18,960 Speaker 4: is this team going to be able to wiggle out 152 00:08:18,960 --> 00:08:21,880 Speaker 4: of paying this money or is this ironclad? You need 153 00:08:21,920 --> 00:08:24,640 Speaker 4: someone who understands the marketplace where you're not just I mean, 154 00:08:24,680 --> 00:08:28,040 Speaker 4: I've heard stories from coaches recently where parents are doing 155 00:08:28,120 --> 00:08:31,240 Speaker 4: the negotiations on nil for their kids and they're just 156 00:08:31,280 --> 00:08:34,320 Speaker 4: seeing online these numbers that are sometimes real, sometimes fake, 157 00:08:34,360 --> 00:08:37,200 Speaker 4: like we all saw the Jeremy Roach rumors recently, right, 158 00:08:38,080 --> 00:08:40,560 Speaker 4: and parents are just walking into coach's office and asking 159 00:08:40,600 --> 00:08:43,560 Speaker 4: for absurd numbers and pricing their children out of real 160 00:08:43,559 --> 00:08:46,640 Speaker 4: opportunities by asking for money that the market doesn't have 161 00:08:46,720 --> 00:08:50,320 Speaker 4: for them. Right, Like, with an agent, initially, yes, you 162 00:08:50,360 --> 00:08:53,040 Speaker 4: have someone who's going to protect your money. You have 163 00:08:53,800 --> 00:08:56,199 Speaker 4: someone who's going to understand the marketplace and know how 164 00:08:56,200 --> 00:08:58,640 Speaker 4: to value you properly so you get the right opportunity 165 00:08:58,679 --> 00:09:00,640 Speaker 4: and don't price yourself out of the market. But I 166 00:09:00,640 --> 00:09:03,959 Speaker 4: think specifically in an NIL world, maybe the number one 167 00:09:03,960 --> 00:09:06,160 Speaker 4: function of an agent is making sure you actually get 168 00:09:06,160 --> 00:09:09,000 Speaker 4: your money. Like we've heard all these stories of guys 169 00:09:09,040 --> 00:09:12,959 Speaker 4: being promised big numbers and not getting those numbers right 170 00:09:12,960 --> 00:09:16,280 Speaker 4: our schools, handing out contracts or handing out promises for 171 00:09:16,400 --> 00:09:19,840 Speaker 4: money they haven't raised yet. A lot of them are true. 172 00:09:19,960 --> 00:09:21,600 Speaker 4: Like I've heard a lot of kids who got promised 173 00:09:21,600 --> 00:09:24,199 Speaker 4: one hundred thousand and got twenty, promise four hundred thousand 174 00:09:24,200 --> 00:09:27,240 Speaker 4: and got one hundred. I mean, there are real, real 175 00:09:27,280 --> 00:09:28,679 Speaker 4: instances of that that I've seen. 176 00:09:29,679 --> 00:09:32,000 Speaker 3: How do you protect against them? 177 00:09:32,160 --> 00:09:36,280 Speaker 4: Well, first and foremost, it's getting an ironclad guaranteed contract 178 00:09:36,679 --> 00:09:41,400 Speaker 4: when a kid gets on campus, and you know there's 179 00:09:41,440 --> 00:09:44,320 Speaker 4: always you know, as an agent, you want your contracts 180 00:09:44,360 --> 00:09:49,120 Speaker 4: to be as guaranteed as possible. Like an NBA, I mean, 181 00:09:49,160 --> 00:09:52,520 Speaker 4: the players use an incredible job of protecting their athletes 182 00:09:52,559 --> 00:09:55,559 Speaker 4: where like you can get arrested, you can there's a 183 00:09:55,600 --> 00:09:57,000 Speaker 4: lot that can go down where that money is still 184 00:09:57,040 --> 00:09:59,000 Speaker 4: going to be guaranteed. Now in college. We're not at 185 00:09:59,040 --> 00:10:01,719 Speaker 4: that point yet. Like sometimes there's a give and take 186 00:10:01,720 --> 00:10:05,040 Speaker 4: where hey, if a guy's not academically eligible to play, 187 00:10:05,360 --> 00:10:08,760 Speaker 4: maybe you know, it's fine to cancel the nil contract. 188 00:10:08,840 --> 00:10:11,200 Speaker 4: Or if he gets arrested and he's not on the team, 189 00:10:11,240 --> 00:10:14,640 Speaker 4: But if he's injured, we need that guaranteed. You can't say, oh, 190 00:10:14,679 --> 00:10:16,559 Speaker 4: he's sprained his angle, he's red shirting. He's not getting 191 00:10:16,600 --> 00:10:20,680 Speaker 4: his money right. So you know, as an agent, initially 192 00:10:20,679 --> 00:10:22,680 Speaker 4: we have to get the guaranteed contract. But then also 193 00:10:22,880 --> 00:10:27,240 Speaker 4: I've seen instances of collectives filing for bankruptcy midseasons so 194 00:10:27,240 --> 00:10:29,120 Speaker 4: they don't have to pay their players because they want 195 00:10:29,120 --> 00:10:32,120 Speaker 4: to push out a coach. And it's my job to 196 00:10:32,160 --> 00:10:34,400 Speaker 4: be a little bit of an enforcer, right to go 197 00:10:34,400 --> 00:10:37,640 Speaker 4: to those coaches and say, hey, you promise this kid this. 198 00:10:37,640 --> 00:10:41,280 Speaker 4: This collective you know, promises kid this, and if you 199 00:10:41,320 --> 00:10:44,160 Speaker 4: don't pay him, I control a huge portion of the 200 00:10:44,160 --> 00:10:46,959 Speaker 4: market and I can't trust you again. I can't work 201 00:10:46,960 --> 00:10:48,559 Speaker 4: with you again, knowing that the first time or the 202 00:10:48,600 --> 00:10:51,079 Speaker 4: second time we've done business together, you made a promise 203 00:10:51,120 --> 00:10:52,439 Speaker 4: to a young man and you screwed him out of 204 00:10:52,440 --> 00:10:54,480 Speaker 4: his money. We're not going to work together again, and 205 00:10:54,559 --> 00:10:56,160 Speaker 4: most of the industry is going to find out that 206 00:10:56,160 --> 00:10:58,600 Speaker 4: you don't pay your bills. So I think there is 207 00:10:58,840 --> 00:11:01,120 Speaker 4: a checks and balances where there are agents to help 208 00:11:01,160 --> 00:11:04,360 Speaker 4: stabilize that system to prevent a coach from promising a 209 00:11:04,400 --> 00:11:06,839 Speaker 4: huge number for a grad transfer who, if they don't 210 00:11:06,880 --> 00:11:09,720 Speaker 4: pay him, is one year and out and there's no reprofessions. 211 00:11:10,160 --> 00:11:13,240 Speaker 2: Yeah, that's that's the question, right, especially if you know 212 00:11:13,320 --> 00:11:15,440 Speaker 2: the easiest way to get rid of a guy is 213 00:11:15,480 --> 00:11:18,160 Speaker 2: to stop paying a guy, right, So how do you 214 00:11:19,880 --> 00:11:24,319 Speaker 2: I guess it's it's mirror threat of kind of smear 215 00:11:24,400 --> 00:11:27,439 Speaker 2: within or exposing within the industry. That's the only kind 216 00:11:27,440 --> 00:11:28,280 Speaker 2: of defense you really have. 217 00:11:29,040 --> 00:11:32,559 Speaker 4: Well, I mean, obviously the contract is the defense, right, 218 00:11:32,640 --> 00:11:34,640 Speaker 4: Like I've had to use, you know, take a legal 219 00:11:34,679 --> 00:11:38,360 Speaker 4: action against collectives who weren't paying money, right. But yeah, 220 00:11:38,360 --> 00:11:41,199 Speaker 4: like I've seen one particular instance I'm thinking of with 221 00:11:41,360 --> 00:11:45,000 Speaker 4: the same boosters who are funding the collective wanted to 222 00:11:45,000 --> 00:11:46,000 Speaker 4: push out the head coach. 223 00:11:46,280 --> 00:11:48,360 Speaker 3: What they do is they just stop payment to the players. 224 00:11:48,480 --> 00:11:53,240 Speaker 2: Right then the players won't play, and the players won't play, and. 225 00:11:53,160 --> 00:11:55,600 Speaker 3: You can't get new players because you don't have any money. Collective, 226 00:11:56,040 --> 00:11:56,680 Speaker 3: You're screwed. 227 00:11:56,760 --> 00:11:56,880 Speaker 2: Right. 228 00:11:56,920 --> 00:11:59,720 Speaker 3: I know of a coach, I major coach that happened 229 00:11:59,720 --> 00:12:00,760 Speaker 3: to a year ago. 230 00:12:02,640 --> 00:12:05,240 Speaker 2: Okay, so what do you do in that instance when 231 00:12:05,960 --> 00:12:10,720 Speaker 2: it's not the coach's fault, it's the boosters and collective's fault. 232 00:12:11,320 --> 00:12:12,040 Speaker 3: What do you do there? 233 00:12:12,960 --> 00:12:16,120 Speaker 4: That's where the contract comes in, right. I had that 234 00:12:16,200 --> 00:12:20,720 Speaker 4: instance at his school two years ago where the boosters 235 00:12:20,720 --> 00:12:22,840 Speaker 4: wanted to push out the coach. They stopped paying the players. 236 00:12:23,120 --> 00:12:25,440 Speaker 4: Most of those players were on handshake deals, or they 237 00:12:25,480 --> 00:12:28,040 Speaker 4: were on contracts that were negotiated by the parents that 238 00:12:28,120 --> 00:12:31,040 Speaker 4: were very easy to be broken by the collective. Now, 239 00:12:31,120 --> 00:12:33,720 Speaker 4: I had a sense going into it that that school 240 00:12:33,720 --> 00:12:36,320 Speaker 4: was shake. He didn't trust the boosters. So I not 241 00:12:36,360 --> 00:12:38,400 Speaker 4: only put the collective on the contract, but I put 242 00:12:38,440 --> 00:12:41,080 Speaker 4: the individual booster's name as a guaranteur on the contract. 243 00:12:41,320 --> 00:12:44,319 Speaker 4: So when he wasn't paying anybody else and they said, well, 244 00:12:44,360 --> 00:12:46,480 Speaker 4: you can sue the collective or bankrupt we got no money, 245 00:12:46,520 --> 00:12:48,360 Speaker 4: I said, yeah, but your name is on the contract, 246 00:12:48,360 --> 00:12:51,640 Speaker 4: and my kid got all of his money. So that's 247 00:12:51,679 --> 00:12:54,120 Speaker 4: what comes from being through hundreds of these battles, is 248 00:12:54,120 --> 00:12:56,319 Speaker 4: you kind of know how to protect against those situations. 249 00:12:57,200 --> 00:12:58,200 Speaker 3: It's a big toll school. 250 00:12:58,720 --> 00:13:01,840 Speaker 2: Yeah, Okay, I think we're talking about the same score. 251 00:13:05,000 --> 00:13:06,000 Speaker 3: I don't know if you heard this. 252 00:13:06,880 --> 00:13:08,760 Speaker 2: No, A lot of the pushback from some of the 253 00:13:08,800 --> 00:13:11,719 Speaker 2: donors is like, there's no ROI on this thing at all, 254 00:13:12,559 --> 00:13:16,200 Speaker 2: you know, And so I heard that at one is 255 00:13:16,400 --> 00:13:17,240 Speaker 2: a football deal. 256 00:13:17,920 --> 00:13:18,840 Speaker 3: But one of. 257 00:13:18,720 --> 00:13:22,800 Speaker 2: The most regarded returning football players. 258 00:13:23,400 --> 00:13:25,520 Speaker 3: You had a booster who just said, like, I'm. 259 00:13:25,360 --> 00:13:28,560 Speaker 2: Going to buy all his rights, by all his true 260 00:13:28,640 --> 00:13:33,680 Speaker 2: nil rights. It's like a million dollars, and then he 261 00:13:33,760 --> 00:13:36,679 Speaker 2: won't do much of anything and will write it off 262 00:13:36,720 --> 00:13:37,200 Speaker 2: as a loss. 263 00:13:37,200 --> 00:13:39,000 Speaker 3: I'll write off of my personal as a loss to 264 00:13:39,000 --> 00:13:39,680 Speaker 3: a certain amount. 265 00:13:40,080 --> 00:13:42,880 Speaker 2: That's that's that's one way which around some of the 266 00:13:42,880 --> 00:13:45,880 Speaker 2: tax stuff which you don't get any benefit from giving 267 00:13:45,920 --> 00:13:46,280 Speaker 2: this money. 268 00:13:46,360 --> 00:13:49,000 Speaker 4: You heard of that, yeah, well there. I know. There 269 00:13:49,040 --> 00:13:52,439 Speaker 4: was some controversy last year where a lot of collectors 270 00:13:52,480 --> 00:13:55,319 Speaker 4: were promoting to their boosters that these were nonprofit five 271 00:13:55,360 --> 00:13:57,559 Speaker 4: to one C three and you can have tax right 272 00:13:57,600 --> 00:14:00,400 Speaker 4: off from your donations to the collective, and then like 273 00:14:00,480 --> 00:14:03,200 Speaker 4: midway through the year, it turned out to not be 274 00:14:03,280 --> 00:14:05,120 Speaker 4: the case all the time, and there were some unhappy 275 00:14:05,120 --> 00:14:07,040 Speaker 4: boosters who had donated money and it turned out they 276 00:14:07,240 --> 00:14:09,480 Speaker 4: might not be able to write it off. That's actually 277 00:14:09,520 --> 00:14:11,960 Speaker 4: the first time I've heard about the buying NIL rights 278 00:14:11,960 --> 00:14:14,120 Speaker 4: and writing it off as a loss. It's actually pretty genius. 279 00:14:14,720 --> 00:14:16,439 Speaker 4: But one thing I want to talk about when it 280 00:14:16,480 --> 00:14:19,120 Speaker 4: comes to ROI is I mean, let's let's take a 281 00:14:19,120 --> 00:14:22,440 Speaker 4: side step here, right, We've all seen the conversation online 282 00:14:22,480 --> 00:14:25,480 Speaker 4: around like, this isn't true NIL, this is pay for play? 283 00:14:26,120 --> 00:14:28,080 Speaker 4: Is this is not this is not nil? This is 284 00:14:28,080 --> 00:14:31,080 Speaker 4: pay for play. Well, maybe it's not ANIL in the 285 00:14:31,160 --> 00:14:33,880 Speaker 4: sense of, you know, getting an endorsement from Nike or 286 00:14:33,880 --> 00:14:35,560 Speaker 4: your local pizza shop, which is what we thought on 287 00:14:35,640 --> 00:14:39,360 Speaker 4: IL would be. But I actually do believe in many cases, 288 00:14:39,360 --> 00:14:42,360 Speaker 4: in most of these cases, this is players making money 289 00:14:42,360 --> 00:14:45,320 Speaker 4: from their name, image, and likeness because these universities are 290 00:14:45,520 --> 00:14:49,680 Speaker 4: using college sports as a marketing vehicle for the university. 291 00:14:50,280 --> 00:14:52,840 Speaker 4: When Florida Atlantic or George Mason makes the final four, 292 00:14:52,880 --> 00:14:57,080 Speaker 4: emissions go up, revenues go up. Right, those players are 293 00:14:57,680 --> 00:15:03,160 Speaker 4: acting as a marketing vehicle for universities that bring in millions, 294 00:15:03,120 --> 00:15:04,240 Speaker 4: if not billions of dollars. 295 00:15:04,640 --> 00:15:07,200 Speaker 3: So I would I hear here's here'd be my pushback 296 00:15:07,240 --> 00:15:07,440 Speaker 3: on that. 297 00:15:08,000 --> 00:15:10,880 Speaker 2: Everybody push back, and I've I've and I understand that 298 00:15:11,880 --> 00:15:15,960 Speaker 2: I've lost the true Anil war because I saw this coming, 299 00:15:16,040 --> 00:15:19,000 Speaker 2: which is like I love the idea of true nil, 300 00:15:19,520 --> 00:15:22,280 Speaker 2: It's just not a reality. There's just there's no way 301 00:15:22,320 --> 00:15:24,960 Speaker 2: you can check in balance on everything. And this is 302 00:15:25,000 --> 00:15:28,320 Speaker 2: what happens when there's no checks in that the argument 303 00:15:28,360 --> 00:15:31,240 Speaker 2: against what you're saying, which is accurate, right when you 304 00:15:31,360 --> 00:15:34,760 Speaker 2: when you win the school, usually the emissions go up 305 00:15:34,800 --> 00:15:35,760 Speaker 2: and everything goes up. 306 00:15:37,280 --> 00:15:38,920 Speaker 3: But when you win, you also. 307 00:15:40,120 --> 00:15:43,320 Speaker 2: The nil that I experienced as a player, from having 308 00:15:43,440 --> 00:15:46,040 Speaker 2: a great career, from being on teams that people liked, 309 00:15:46,120 --> 00:15:48,000 Speaker 2: is the rest of my life. I don't really have 310 00:15:48,040 --> 00:15:51,800 Speaker 2: to work, you know, I don't, and you know from 311 00:15:52,120 --> 00:15:54,320 Speaker 2: guys getting a chance to There's. 312 00:15:54,120 --> 00:15:57,320 Speaker 3: A guy named Matt Davison. Do you ever hear that 313 00:15:57,400 --> 00:15:58,200 Speaker 3: name Matt Davison? 314 00:15:58,920 --> 00:15:59,320 Speaker 4: I think so. 315 00:15:59,400 --> 00:16:03,600 Speaker 2: Matt Davison he played basketball and football at Nebraska. 316 00:16:03,400 --> 00:16:04,280 Speaker 3: Okay, but his. 317 00:16:04,400 --> 00:16:08,720 Speaker 2: Claim to fame I think it was I want to 318 00:16:08,720 --> 00:16:10,800 Speaker 2: say it was the last time Missouri and Nebraska play, 319 00:16:10,880 --> 00:16:12,720 Speaker 2: but I could be wrong because I'm they're in different 320 00:16:12,760 --> 00:16:17,640 Speaker 2: leagues now obviously. But he caught a ball between his legs. 321 00:16:18,080 --> 00:16:21,360 Speaker 2: He's a tight end dough for balls. Bad pass bubbled up. 322 00:16:21,400 --> 00:16:23,600 Speaker 2: I think he caught it between his like some miraculous catch. 323 00:16:24,600 --> 00:16:27,560 Speaker 2: He's literally used that to make his life right. 324 00:16:27,600 --> 00:16:30,560 Speaker 3: He's the I think he's the color commentator for football 325 00:16:30,600 --> 00:16:34,080 Speaker 3: and basketball at Nebraska, at least he has been. And 326 00:16:34,120 --> 00:16:36,320 Speaker 3: the point is that the way it used to. 327 00:16:36,280 --> 00:16:40,800 Speaker 2: Work, which I would I would agree with anybody who said, like, hey, 328 00:16:40,840 --> 00:16:43,920 Speaker 2: maybe it's not the actual value of what you brought 329 00:16:43,960 --> 00:16:46,440 Speaker 2: to university, but there's other things that university does for 330 00:16:46,480 --> 00:16:48,440 Speaker 2: you that we don't give him credit for him. I mean, 331 00:16:48,480 --> 00:16:50,160 Speaker 2: most of us couldn't have gotten into the school that 332 00:16:50,160 --> 00:16:53,240 Speaker 2: we played for, let alone, you know, gotten through and graduated. 333 00:16:54,160 --> 00:16:57,320 Speaker 2: But that that's the real essence of how it used 334 00:16:57,320 --> 00:16:59,920 Speaker 2: to be and how it does. It does in fact 335 00:17:00,080 --> 00:17:03,160 Speaker 2: even out, which is, yes, when you go to a 336 00:17:03,200 --> 00:17:06,600 Speaker 2: final four, admissions go up, everything goes crazy, but you're 337 00:17:06,640 --> 00:17:10,399 Speaker 2: also forever part of something special and if you have 338 00:17:10,480 --> 00:17:12,760 Speaker 2: any brains at all, you can make a life for 339 00:17:12,800 --> 00:17:15,760 Speaker 2: yourself out of it. Now, how that factors into the 340 00:17:15,880 --> 00:17:19,280 Speaker 2: NIL world should be, you know, there should be I 341 00:17:19,280 --> 00:17:23,240 Speaker 2: don't want to say performance bonuses, but like team collective deals. 342 00:17:23,440 --> 00:17:27,879 Speaker 2: The reason it's not nil, Daniel is because we're giving 343 00:17:27,920 --> 00:17:32,679 Speaker 2: these guaranteed contracts before there's any ever, any achievement, you know. 344 00:17:33,320 --> 00:17:37,520 Speaker 2: So that's why I propose, like, all right, apparently now 345 00:17:37,560 --> 00:17:39,880 Speaker 2: the transfer portal thing is just going to keep going on. 346 00:17:41,400 --> 00:17:44,320 Speaker 2: But it's the combination of the transfer portal and NIL 347 00:17:44,359 --> 00:17:47,199 Speaker 2: which has this thing a mess because you don't have 348 00:17:47,359 --> 00:17:52,040 Speaker 2: to stay, you can't build culture and can't really build 349 00:17:52,040 --> 00:17:54,760 Speaker 2: a base for yourself for the future. And because we 350 00:17:54,880 --> 00:17:58,760 Speaker 2: give money before the kid even played a snap or 351 00:17:59,160 --> 00:18:02,960 Speaker 2: you know, on a shot, that it's that you're you're 352 00:18:03,080 --> 00:18:08,840 Speaker 2: paying for potential performances. Whereas like again, a real NIL 353 00:18:08,880 --> 00:18:11,160 Speaker 2: would be, hey, here's a guy who's had a great year, 354 00:18:11,520 --> 00:18:13,560 Speaker 2: he was All League, he hit a big shot, he 355 00:18:13,600 --> 00:18:17,160 Speaker 2: should receive, you know, something for all of his hard work. 356 00:18:17,600 --> 00:18:20,080 Speaker 2: Like that would be one in which I think you'd 357 00:18:20,119 --> 00:18:24,959 Speaker 2: get kind of united front on contracts where if you 358 00:18:24,960 --> 00:18:26,680 Speaker 2: I don't want to say backlum, you talked about last 359 00:18:26,680 --> 00:18:29,359 Speaker 2: time about multi year contracts. Is there a way to 360 00:18:29,359 --> 00:18:35,040 Speaker 2: build these things where there's bonuses for you know, team's success, 361 00:18:35,520 --> 00:18:39,800 Speaker 2: where there's bonuses for academic success, where there's retention bonuses 362 00:18:39,800 --> 00:18:42,439 Speaker 2: as well, so you get kids that come back for 363 00:18:42,480 --> 00:18:44,720 Speaker 2: a couple of years, because that's really what makes the 364 00:18:44,720 --> 00:18:45,760 Speaker 2: sport hard to follow. 365 00:18:45,840 --> 00:18:47,360 Speaker 3: Is everybody somewhere else every year? 366 00:18:48,760 --> 00:18:50,760 Speaker 4: Yeah, you're barking up an interesting tree here, Okay, And 367 00:18:50,800 --> 00:18:53,520 Speaker 4: I have two points on it. To your first point, like, yes, 368 00:18:54,240 --> 00:18:57,320 Speaker 4: if you're Doug duckleebin, you're smart and you can you know, talk, 369 00:18:58,000 --> 00:19:00,639 Speaker 4: you know, sell water to a whale, and you have 370 00:19:00,680 --> 00:19:04,280 Speaker 4: a good career. Yeah, there's a lifetime of opportunity from 371 00:19:04,320 --> 00:19:06,600 Speaker 4: your career. But some of these kids you said, you know, 372 00:19:06,720 --> 00:19:08,560 Speaker 4: he said, maybe aren't the smartest, or maybe aren't the 373 00:19:08,640 --> 00:19:11,840 Speaker 4: most outgoing, or maybe aren't the most entrepreneurial, right, and 374 00:19:11,920 --> 00:19:13,840 Speaker 4: now they might not be able to again. I have 375 00:19:13,840 --> 00:19:16,160 Speaker 4: a friend, Matt Mooney played at Texas Tech. He goes 376 00:19:16,200 --> 00:19:18,199 Speaker 4: back every summer, runs it camp, makes probably you know, 377 00:19:18,240 --> 00:19:20,960 Speaker 4: fifty grand whatever because he played on that four team. 378 00:19:21,160 --> 00:19:24,360 Speaker 4: He's entrepreneurial, he's smart, he's savvy. Right. There's other kids 379 00:19:24,400 --> 00:19:26,960 Speaker 4: on that team that don't have that gene, right, that 380 00:19:27,400 --> 00:19:31,600 Speaker 4: aren't capitalizing in that way. But the school did profit 381 00:19:31,680 --> 00:19:34,639 Speaker 4: from their their performance and the name image of likeness. 382 00:19:34,680 --> 00:19:37,359 Speaker 4: So to your second point, we would all love for 383 00:19:37,359 --> 00:19:39,720 Speaker 4: there to be a system where we could actually reward performance. 384 00:19:39,760 --> 00:19:41,639 Speaker 4: As of now, we're not allowed to write into nil 385 00:19:41,720 --> 00:19:44,639 Speaker 4: contracts bonuses for performance. But I think, be great if 386 00:19:44,640 --> 00:19:47,920 Speaker 4: there is a world where you know, you got a 387 00:19:47,960 --> 00:19:51,159 Speaker 4: final four bonus in your contract, right, then all these 388 00:19:51,240 --> 00:19:53,280 Speaker 4: kids are motivated to win and play together because we're 389 00:19:53,280 --> 00:19:55,320 Speaker 4: all going to get paid if we make it far. Right. 390 00:19:55,440 --> 00:19:57,359 Speaker 4: I think there is one tournament that just popped up 391 00:19:57,400 --> 00:20:00,440 Speaker 4: next year, Like I think it's like a holiday tournament 392 00:20:00,520 --> 00:20:02,520 Speaker 4: where they have like you know, eight to twelve teams, 393 00:20:02,520 --> 00:20:04,480 Speaker 4: where every team gets a million bucks and I think 394 00:20:04,480 --> 00:20:07,040 Speaker 4: the winner gets two. I mean, I think that's great. 395 00:20:07,080 --> 00:20:09,639 Speaker 4: That's a great incentive not just for individual performance but 396 00:20:09,680 --> 00:20:12,800 Speaker 4: for team play. And one of the schools or all 397 00:20:12,840 --> 00:20:15,960 Speaker 4: of the schools in that tournament are doing much better 398 00:20:15,960 --> 00:20:17,639 Speaker 4: at retaining their players because there is this pot of 399 00:20:17,640 --> 00:20:19,119 Speaker 4: gold at the end of the rainbow for guys to 400 00:20:19,119 --> 00:20:21,080 Speaker 4: stay because you're like, oh wait, if we stay here 401 00:20:21,119 --> 00:20:22,639 Speaker 4: and we play in the tournament, we win, we split 402 00:20:22,680 --> 00:20:25,199 Speaker 4: two million bucks. So it's great. But right now, the 403 00:20:25,240 --> 00:20:28,560 Speaker 4: system we have doesn't allow us to reward for teams 404 00:20:28,600 --> 00:20:31,200 Speaker 4: success except for in that instance, right, you can't put 405 00:20:34,040 --> 00:20:36,480 Speaker 4: it's harder to put performance bonuses based on the current 406 00:20:37,000 --> 00:20:41,080 Speaker 4: contract of the rules. Right. I have talked to one 407 00:20:41,080 --> 00:20:45,200 Speaker 4: collective recently that has started putting in a bonus for 408 00:20:46,400 --> 00:20:49,600 Speaker 4: a postseason appearance, which is the first time I'd heard that. 409 00:20:49,640 --> 00:20:52,040 Speaker 4: This offseason. They said, hey, this is the number, and 410 00:20:52,040 --> 00:20:54,160 Speaker 4: this is the number that you know, the bonus if 411 00:20:54,800 --> 00:20:57,600 Speaker 4: they make the postseason. I believe that's allowed because as 412 00:20:57,600 --> 00:21:01,240 Speaker 4: a marketing company, which is a collective marketing companies, you 413 00:21:01,320 --> 00:21:06,080 Speaker 4: can say, if the team you know plays these extra games, 414 00:21:06,160 --> 00:21:08,080 Speaker 4: or if the team you're on gets this extra exposure 415 00:21:08,119 --> 00:21:10,520 Speaker 4: that gives us, you know, added marketing value to your name, 416 00:21:10,520 --> 00:21:12,080 Speaker 4: image and likeness, right, so thus we can give you 417 00:21:12,080 --> 00:21:14,440 Speaker 4: a bonus. But the reality is the rules are so gray, 418 00:21:14,720 --> 00:21:18,639 Speaker 4: they're constantly changing. No one knows right from left. So 419 00:21:18,760 --> 00:21:21,480 Speaker 4: until we do stabilize this and like have some real 420 00:21:21,560 --> 00:21:23,159 Speaker 4: rules in a real system, which we all need to 421 00:21:23,160 --> 00:21:25,240 Speaker 4: work together to do, You're right, you're going to have 422 00:21:25,320 --> 00:21:30,159 Speaker 4: to gamble on the potential anile future of these guys. 423 00:21:30,200 --> 00:21:33,000 Speaker 4: But I'll counter that and say most jobs are that. 424 00:21:33,040 --> 00:21:35,639 Speaker 4: If you're hiring someone for a sales job, yeah, there's commissions, 425 00:21:35,640 --> 00:21:37,920 Speaker 4: but you are gambling that the money you're paying them 426 00:21:38,160 --> 00:21:41,040 Speaker 4: is going to lead to profit. That's how most jobs are. Right. 427 00:21:41,600 --> 00:21:44,480 Speaker 1: Fox Sports Radio has the best sports talk lineup in 428 00:21:44,520 --> 00:21:47,879 Speaker 1: the nation. Catch all of our shows at Foxsports Radio 429 00:21:48,040 --> 00:21:52,119 Speaker 1: dot com and within the iHeartRadio app. Search FSR to 430 00:21:52,240 --> 00:21:52,880 Speaker 1: listen live. 431 00:21:53,400 --> 00:21:55,560 Speaker 3: Yeah, and it's like, okay, so, which which job is 432 00:21:55,600 --> 00:21:58,880 Speaker 3: this for? For players? Is it their first job? 433 00:21:59,560 --> 00:22:02,720 Speaker 2: I had some it's their first job, you know, like 434 00:22:03,040 --> 00:22:06,399 Speaker 2: you're getting nothing and having to earn it, right, and 435 00:22:06,440 --> 00:22:09,680 Speaker 2: then if you achieve, then your every job you get 436 00:22:09,680 --> 00:22:11,479 Speaker 2: a little bit more. That's where it does kind of 437 00:22:12,080 --> 00:22:13,200 Speaker 2: mirror the business world. 438 00:22:13,880 --> 00:22:16,880 Speaker 4: Isn't so unique because again, like in pro sports, the 439 00:22:16,920 --> 00:22:24,159 Speaker 4: pro team is the for profit vehicle, right, whereas with 440 00:22:24,240 --> 00:22:29,800 Speaker 4: college sports, the college team is a marketing arm for 441 00:22:29,880 --> 00:22:33,360 Speaker 4: the true for profit vehicle, which is the university itself. Right, 442 00:22:33,440 --> 00:22:34,560 Speaker 4: So this is true, true. 443 00:22:34,720 --> 00:22:36,640 Speaker 2: I would only here, here's one thing that I think, 444 00:22:37,119 --> 00:22:39,760 Speaker 2: and your argument is a valid one in that we 445 00:22:39,920 --> 00:22:44,200 Speaker 2: use athletics to market and promote the university. My pushback 446 00:22:44,240 --> 00:22:47,119 Speaker 2: to this has always been, hey, guess what they do 447 00:22:47,200 --> 00:22:51,400 Speaker 2: that with everybody? Right, Like the college, the universities are 448 00:22:51,480 --> 00:22:56,360 Speaker 2: they're brilliant businesses because they operate under this tax exempt status. 449 00:22:56,359 --> 00:22:58,040 Speaker 3: They operate as if they're not a business. 450 00:22:58,640 --> 00:23:02,280 Speaker 2: And then what they do is they charge everybody and 451 00:23:02,320 --> 00:23:05,440 Speaker 2: then you know, they make money off of basically everything, 452 00:23:06,119 --> 00:23:11,480 Speaker 2: and then if you achieve anything science, music, obviously sports 453 00:23:11,520 --> 00:23:14,440 Speaker 2: is the easiest to road. But they're going to get 454 00:23:14,480 --> 00:23:15,800 Speaker 2: all of the juice out of that orange. 455 00:23:15,800 --> 00:23:16,280 Speaker 3: They can't. 456 00:23:16,359 --> 00:23:18,919 Speaker 2: And then the second you finished, they're like, hey, can 457 00:23:18,960 --> 00:23:21,600 Speaker 2: you give something back for the next generation, Like it's amazing, 458 00:23:21,680 --> 00:23:22,560 Speaker 2: what's what they do? 459 00:23:23,119 --> 00:23:25,560 Speaker 3: Like the balls on these people? I just got done. 460 00:23:25,760 --> 00:23:27,720 Speaker 2: I just you know, paid for my kid to graduate 461 00:23:27,760 --> 00:23:30,199 Speaker 2: from X y Z University. And how they want you know, 462 00:23:30,400 --> 00:23:33,440 Speaker 2: undergrand like what it just gave them two hundred fifty 463 00:23:33,440 --> 00:23:34,960 Speaker 2: grand over four years. 464 00:23:36,080 --> 00:23:37,920 Speaker 4: I think I think the tip of the iceberg is 465 00:23:37,920 --> 00:23:43,200 Speaker 4: the NCAA, and the real iceberg is uh colleges and 466 00:23:43,320 --> 00:23:46,320 Speaker 4: universities in America and the scam that that that somewhere. 467 00:23:46,359 --> 00:23:47,680 Speaker 4: I mean, I didn't go to college, right and I'm 468 00:23:47,680 --> 00:23:50,880 Speaker 4: doing great, but I'm the exception of the rule. But 469 00:23:50,880 --> 00:23:52,439 Speaker 4: but yeah, I mean, and to that point, people are 470 00:23:52,520 --> 00:23:56,159 Speaker 4: talking about donor fatigue and NIL the nil world, Like 471 00:23:56,200 --> 00:23:58,760 Speaker 4: when are they gonna stop? You know, when are people 472 00:23:58,800 --> 00:24:01,320 Speaker 4: get tired of donating money for you know, no return 473 00:24:01,400 --> 00:24:03,560 Speaker 4: for these basketbas I mean, it's the meaning of time. 474 00:24:03,840 --> 00:24:06,920 Speaker 4: Every science building and park bench on. These universities were 475 00:24:06,920 --> 00:24:10,400 Speaker 4: built by someone who gave money with no return right, 476 00:24:11,080 --> 00:24:13,240 Speaker 4: and this is used. 477 00:24:13,119 --> 00:24:14,879 Speaker 2: To be write offs with it, right, It's used to 478 00:24:14,920 --> 00:24:18,480 Speaker 2: be right ups and people like again, I guess rich 479 00:24:18,520 --> 00:24:21,880 Speaker 2: people like their names on buildings, that's my building. They're 480 00:24:22,080 --> 00:24:25,320 Speaker 2: you know, whereas with a player, they're here, they're gone 481 00:24:26,640 --> 00:24:30,000 Speaker 2: so quickly. When people accuse you of proaching the player, 482 00:24:30,040 --> 00:24:33,439 Speaker 2: what's the reality to how you view it and how 483 00:24:33,880 --> 00:24:34,560 Speaker 2: things actually good? 484 00:24:34,560 --> 00:24:39,280 Speaker 4: Dot So poaching. I don't like this term. Right. Poaching 485 00:24:40,000 --> 00:24:43,360 Speaker 4: is a term that is used in the college basketball 486 00:24:43,359 --> 00:24:48,480 Speaker 4: marketplace but will never be used in a pro pro context. Right, 487 00:24:48,840 --> 00:24:52,360 Speaker 4: if you have a player in Spain playing for Basconia 488 00:24:52,600 --> 00:24:55,879 Speaker 4: for four hundred thousand, and Barcelona reaches out to the 489 00:24:55,920 --> 00:24:58,359 Speaker 4: agent and says, hey, we're really interested in your player 490 00:24:58,400 --> 00:25:02,280 Speaker 4: for next season, we have a million, that is not poaching. 491 00:25:02,800 --> 00:25:07,840 Speaker 4: That is a higher level team exploring building their team 492 00:25:08,240 --> 00:25:12,440 Speaker 4: next year using players who have overachieved at a lower level. 493 00:25:12,600 --> 00:25:15,440 Speaker 4: And similarly, if Basconia is reaching out to the agent 494 00:25:15,480 --> 00:25:18,119 Speaker 4: of a bench player on Barcelona about their interest in 495 00:25:18,200 --> 00:25:20,840 Speaker 4: moving down a level, that's not poaching. That's the way 496 00:25:20,880 --> 00:25:24,520 Speaker 4: the marketplace works. Whereas in college. If there's a player 497 00:25:24,880 --> 00:25:27,760 Speaker 4: making zero dollars at a mid major and a high 498 00:25:27,760 --> 00:25:30,239 Speaker 4: major uses an agent or someone else to put out 499 00:25:30,240 --> 00:25:32,240 Speaker 4: a feeler if that could be interested in moving up 500 00:25:32,400 --> 00:25:36,920 Speaker 4: a level to make life changing money, it's called poaching, right, 501 00:25:36,960 --> 00:25:39,360 Speaker 4: And I think we need to throw that term out 502 00:25:39,400 --> 00:25:43,200 Speaker 4: the window. I do think that we need more strict 503 00:25:43,520 --> 00:25:46,400 Speaker 4: guidelines and by laws around when these conversations can happen, 504 00:25:46,480 --> 00:25:49,840 Speaker 4: how these conversations can happen, what constitutes tampering and what doesn't. 505 00:25:50,840 --> 00:25:53,399 Speaker 4: But you have mid major coaches up in arms that 506 00:25:53,640 --> 00:25:56,679 Speaker 4: everyone's poaching my players. No, these guys are leaving for 507 00:25:56,760 --> 00:26:02,080 Speaker 4: better opportunity. They're leaving to their lives. And and like 508 00:26:02,840 --> 00:26:05,840 Speaker 4: one of my biggest, if not my biggest pet peeve 509 00:26:06,280 --> 00:26:09,400 Speaker 4: in this whole economy, this whole anile world, is when 510 00:26:09,400 --> 00:26:13,280 Speaker 4: I hear coaches say things along the lines of, Oh, 511 00:26:13,320 --> 00:26:16,719 Speaker 4: he's a good kid, he's not worried about money. Oh 512 00:26:16,760 --> 00:26:19,800 Speaker 4: he's about the right things. He's not worried about money, right, 513 00:26:19,920 --> 00:26:23,360 Speaker 4: or like oh that kid just just wants the bag, right. 514 00:26:24,040 --> 00:26:26,240 Speaker 4: It drives me crazy because when I hear a coach 515 00:26:26,240 --> 00:26:29,240 Speaker 4: saying he's about the things, the right things, he doesn't 516 00:26:29,240 --> 00:26:32,800 Speaker 4: worry about money. I hear a coach saying, Oh, he's 517 00:26:32,840 --> 00:26:34,720 Speaker 4: willing to give me his labor for free so I 518 00:26:34,760 --> 00:26:37,760 Speaker 4: can profit. I like that kid, right. 519 00:26:37,640 --> 00:26:38,400 Speaker 3: I don't. I don't think. 520 00:26:38,400 --> 00:26:40,840 Speaker 2: I think. I think you're taking it to way too 521 00:26:41,320 --> 00:26:42,960 Speaker 2: far of an extreme. 522 00:26:45,119 --> 00:26:46,000 Speaker 3: Because. 523 00:26:47,400 --> 00:26:50,720 Speaker 2: Because the kids that I've talked to that the coaches 524 00:26:51,400 --> 00:26:54,840 Speaker 2: gravitate towards it's not that they're not going to get paid, 525 00:26:56,160 --> 00:27:01,480 Speaker 2: it's that that's not the driving force behind every decision. 526 00:27:01,600 --> 00:27:03,520 Speaker 2: And that's actually a really good life lesson. It's a 527 00:27:03,520 --> 00:27:06,560 Speaker 2: hard one that I think all of us learn at 528 00:27:06,560 --> 00:27:10,160 Speaker 2: some point, which is like, oftentimes the best jobs are 529 00:27:10,160 --> 00:27:12,080 Speaker 2: not the highest paying jobs. You got to find the 530 00:27:12,160 --> 00:27:16,159 Speaker 2: right fit for yourself and you know, yes, no, do 531 00:27:16,200 --> 00:27:17,720 Speaker 2: you want to go Do you want to go play 532 00:27:17,720 --> 00:27:19,639 Speaker 2: for nothing when everybody else is playing for something? Of 533 00:27:19,720 --> 00:27:23,480 Speaker 2: course not nobody's nobody is telling you to play for free. 534 00:27:24,200 --> 00:27:28,720 Speaker 2: But you know when you have an established role, established identity, 535 00:27:29,520 --> 00:27:32,480 Speaker 2: when you have sweat equity in a program, You know 536 00:27:32,560 --> 00:27:35,560 Speaker 2: when you care about winning and losing and know that 537 00:27:35,600 --> 00:27:38,919 Speaker 2: the money will take care of itself. There is a 538 00:27:39,000 --> 00:27:42,120 Speaker 2: difference there between Hey, I want you to play for free, 539 00:27:42,440 --> 00:27:45,240 Speaker 2: and you're only concerned about the money, and somewhere in 540 00:27:45,280 --> 00:27:48,520 Speaker 2: the middle is that sweet spot that way you're trying 541 00:27:48,520 --> 00:27:49,600 Speaker 2: to thread that needle. 542 00:27:50,160 --> 00:27:51,879 Speaker 4: Right, You're right, the sweet spot is in the middle. 543 00:27:51,960 --> 00:27:53,560 Speaker 4: And one thing also, you said, oh, the money will 544 00:27:53,560 --> 00:27:55,760 Speaker 4: take care of itself. I've heard so many coaches and 545 00:27:55,760 --> 00:27:58,280 Speaker 4: collectives say, hey, if you come here and perform, we 546 00:27:58,320 --> 00:28:01,239 Speaker 4: could give you more than this. I've heard that every time. Right, 547 00:28:01,280 --> 00:28:03,680 Speaker 4: here's your baseline number. If you come here and play well, 548 00:28:03,720 --> 00:28:06,760 Speaker 4: you could make way more than this. Zero times out 549 00:28:06,760 --> 00:28:09,480 Speaker 4: of what fifty plus deals I've done in the last 550 00:28:09,480 --> 00:28:14,840 Speaker 4: two years, zero times getting more from active. 551 00:28:14,560 --> 00:28:16,520 Speaker 2: No, no, no, but but but but again, this is 552 00:28:16,560 --> 00:28:18,920 Speaker 2: where this is where having an agent, I want to 553 00:28:18,960 --> 00:28:21,240 Speaker 2: be properly compensated for what I'm worth. 554 00:28:21,600 --> 00:28:23,160 Speaker 3: I have Dan Potaman, for example. 555 00:28:23,320 --> 00:28:26,879 Speaker 2: He's negotiate that we get into the window where you 556 00:28:26,920 --> 00:28:30,800 Speaker 2: know that you're in in you know, in the right 557 00:28:30,840 --> 00:28:33,160 Speaker 2: area financially like that it should then it's just about 558 00:28:33,240 --> 00:28:34,960 Speaker 2: like our relationship and I do I want to play for. 559 00:28:34,920 --> 00:28:35,960 Speaker 3: You like because I can? 560 00:28:36,080 --> 00:28:38,680 Speaker 2: Because that should be really the argument, right, Like if 561 00:28:38,680 --> 00:28:41,520 Speaker 2: the kid's a two fifty kid, he can get to fifty. 562 00:28:41,280 --> 00:28:43,440 Speaker 3: A bunch of differlaces, all right, so what makes your 563 00:28:43,760 --> 00:28:44,560 Speaker 3: program you need? 564 00:28:45,040 --> 00:28:47,520 Speaker 2: Why should I come play here when the money is 565 00:28:47,520 --> 00:28:50,320 Speaker 2: the same X, y Z whatever. You know, that's that's 566 00:28:50,320 --> 00:28:52,600 Speaker 2: where the coach has to then okay, here's what we 567 00:28:52,720 --> 00:28:55,479 Speaker 2: you need. And for a player, you can tell if 568 00:28:55,520 --> 00:28:58,960 Speaker 2: he's engaged in that or if it's just dude, listen, 569 00:28:59,000 --> 00:29:01,280 Speaker 2: whoever the highest bet or that's where I'm going, which. 570 00:29:01,080 --> 00:29:02,640 Speaker 3: Again you're allowed to do. 571 00:29:03,680 --> 00:29:10,360 Speaker 2: But I actually really understand that because when that mentality 572 00:29:11,520 --> 00:29:15,800 Speaker 2: is one which doesn't really allow you to engage with 573 00:29:15,840 --> 00:29:19,560 Speaker 2: the players, with your teammates, with the school. And again 574 00:29:19,720 --> 00:29:22,760 Speaker 2: it's not an all or nothing thing. They're all going 575 00:29:22,800 --> 00:29:26,640 Speaker 2: to get paid. It's just a question of the in 576 00:29:26,720 --> 00:29:30,040 Speaker 2: the if you write down the ten most important things, 577 00:29:30,480 --> 00:29:34,200 Speaker 2: is it number one or is it number seven? And 578 00:29:35,240 --> 00:29:38,280 Speaker 2: I think you know, once you get past like three 579 00:29:38,480 --> 00:29:40,520 Speaker 2: through ten, now you're okay. 580 00:29:40,880 --> 00:29:42,880 Speaker 3: But if it's the number one thing, it just doesn't 581 00:29:42,880 --> 00:29:43,680 Speaker 3: work for someplace. 582 00:29:45,040 --> 00:29:48,480 Speaker 4: Yeah, And honestly, when I sign a new client, we 583 00:29:48,600 --> 00:29:51,840 Speaker 4: do an intake interview where we ask them rate one 584 00:29:51,880 --> 00:29:54,480 Speaker 4: through ten, how important are each of these things? Do 585 00:29:54,520 --> 00:29:59,600 Speaker 4: you money? Academics, winning player development, conference, location, So we 586 00:29:59,680 --> 00:30:03,240 Speaker 4: let the client tell us what they value and it's 587 00:30:03,280 --> 00:30:05,280 Speaker 4: our job as an agent to find something that fits 588 00:30:05,280 --> 00:30:08,840 Speaker 4: the buckets that they value most. Right, kids this year 589 00:30:08,960 --> 00:30:10,760 Speaker 4: that are grad transfers that said I need a really 590 00:30:10,760 --> 00:30:13,760 Speaker 4: good MBA or a law program at my grad school. Right, 591 00:30:14,360 --> 00:30:16,880 Speaker 4: that's important to them. There are other guys who say, hey, 592 00:30:16,920 --> 00:30:18,880 Speaker 4: I want a grad school where I can take ballroom 593 00:30:18,960 --> 00:30:21,880 Speaker 4: dancing and not actually have to take real classes. Right. 594 00:30:22,160 --> 00:30:24,880 Speaker 4: So every kid has a different Every young man has 595 00:30:24,920 --> 00:30:30,640 Speaker 4: a different set of priorities. But if a kid says, look, Dan, 596 00:30:30,760 --> 00:30:33,360 Speaker 4: I know I'm probably not a pro. My family is struggling, 597 00:30:33,440 --> 00:30:36,240 Speaker 4: my mom is sick. I need the biggest bag possible, 598 00:30:36,640 --> 00:30:38,760 Speaker 4: that doesn't make him a bad person. Who is a 599 00:30:38,800 --> 00:30:42,680 Speaker 4: coach to tell you what your values should be? Right? 600 00:30:42,760 --> 00:30:45,640 Speaker 4: If you are different, kids have the luxury of saying 601 00:30:45,680 --> 00:30:47,640 Speaker 4: money doesn't matter that much. I have a trust fund, 602 00:30:47,720 --> 00:30:50,280 Speaker 4: my family makes money. I'm middle class, whereas other kids 603 00:30:50,280 --> 00:30:53,360 Speaker 4: know that luxury and this money is life changing for them. 604 00:30:53,360 --> 00:30:55,360 Speaker 4: And if they say this is my number one priority, 605 00:30:55,480 --> 00:30:58,160 Speaker 4: they are not to be judged for that. It is 606 00:30:58,200 --> 00:31:00,920 Speaker 4: not a coach's place to say, oh about the wrong things. 607 00:31:00,920 --> 00:31:02,640 Speaker 4: But to your other point, I. 608 00:31:02,600 --> 00:31:05,120 Speaker 3: Would say, why why can't he Why can't he make 609 00:31:05,120 --> 00:31:05,560 Speaker 3: the judgment. 610 00:31:06,920 --> 00:31:08,840 Speaker 4: Why can't a coach make the judgment that he's about 611 00:31:08,880 --> 00:31:11,280 Speaker 4: the wrong thing? Yeah, because you. 612 00:31:11,240 --> 00:31:12,960 Speaker 3: Know what I mean, Like like, listen, if he if 613 00:31:13,000 --> 00:31:13,960 Speaker 3: he if he is. 614 00:31:14,160 --> 00:31:17,480 Speaker 2: If you bring a kid on campus and you literally 615 00:31:17,520 --> 00:31:19,400 Speaker 2: can't get in a focus because all he's doing is 616 00:31:19,440 --> 00:31:21,240 Speaker 2: chasing ass, you know. 617 00:31:21,400 --> 00:31:26,520 Speaker 4: It's about the wrong things. But I'm saying in the instance, specifically, 618 00:31:26,520 --> 00:31:31,080 Speaker 4: if the kid's life circumstances dictate that money can and 619 00:31:31,120 --> 00:31:34,120 Speaker 4: should be a priority in this decision making process. As now, 620 00:31:34,160 --> 00:31:36,040 Speaker 4: for a coach to say, oh, you should be more 621 00:31:36,040 --> 00:31:38,000 Speaker 4: worried about player development or tell a kid what he 622 00:31:38,000 --> 00:31:39,880 Speaker 4: should be concerned about, right. 623 00:31:40,560 --> 00:31:42,000 Speaker 3: And well, you only do that if you don't have 624 00:31:42,000 --> 00:31:42,479 Speaker 3: the money. 625 00:31:42,680 --> 00:31:44,280 Speaker 4: You do you do that if you have the money 626 00:31:44,360 --> 00:31:45,560 Speaker 4: that right? 627 00:31:46,760 --> 00:31:46,880 Speaker 2: Right? 628 00:31:47,440 --> 00:31:50,280 Speaker 3: Or fifty short? Yes, but we have great player development. 629 00:31:50,240 --> 00:31:53,040 Speaker 4: Great player Oh yeah, he's about the wrong things. No, 630 00:31:53,080 --> 00:31:56,560 Speaker 4: you don't have a big enough budget. But having said that, 631 00:31:56,680 --> 00:31:59,640 Speaker 4: other guys are represented, probably like only twenty percent end 632 00:31:59,680 --> 00:32:03,560 Speaker 4: up taking the highest financial offer. My goal is generally 633 00:32:03,920 --> 00:32:06,960 Speaker 4: to get multiple schools in the same range, so a 634 00:32:07,040 --> 00:32:10,040 Speaker 4: kid can make a decision based on other factors. Right, 635 00:32:10,080 --> 00:32:13,400 Speaker 4: if you have four schools than four to four fifty. Great, 636 00:32:13,720 --> 00:32:16,680 Speaker 4: Now you can just pick the best one, right. There 637 00:32:16,680 --> 00:32:19,200 Speaker 4: are situations where there's schools that have outlier offers that 638 00:32:19,240 --> 00:32:21,920 Speaker 4: are hard to turn down, but kids and my experience 639 00:32:22,040 --> 00:32:23,120 Speaker 4: rarely actually take those. 640 00:32:24,840 --> 00:32:27,680 Speaker 3: I agree. I know of several of those from last year. 641 00:32:28,520 --> 00:32:31,760 Speaker 2: Biggest deal per year, biggest deal you've done so far 642 00:32:31,840 --> 00:32:32,280 Speaker 2: this year? 643 00:32:33,920 --> 00:32:36,480 Speaker 4: Well, I don't know if I should. I don't know 644 00:32:36,480 --> 00:32:40,080 Speaker 4: if they can tie it back to an individual I've done. 645 00:32:41,960 --> 00:32:45,800 Speaker 4: I've done multiple five hundred plus. I haven't broke a 646 00:32:45,880 --> 00:32:46,720 Speaker 4: million yet this year. 647 00:32:48,440 --> 00:32:51,120 Speaker 3: What is What is the market like this year as 648 00:32:51,120 --> 00:32:52,160 Speaker 3: opposed to last year? 649 00:32:52,760 --> 00:32:55,880 Speaker 4: The market is a lot more robust this year last year, 650 00:32:56,080 --> 00:32:56,880 Speaker 4: last year. 651 00:32:56,760 --> 00:32:59,440 Speaker 2: In terms of a number of deals or the actual 652 00:32:59,480 --> 00:33:00,760 Speaker 2: deals selves. 653 00:33:01,200 --> 00:33:05,040 Speaker 4: Both Like last year. If you heard of someone getting 654 00:33:06,280 --> 00:33:08,960 Speaker 4: last year, you heard of someone getting five hundred plus 655 00:33:08,960 --> 00:33:13,840 Speaker 4: thousand outlier this year, it's completely normal. That's happening all over. 656 00:33:13,720 --> 00:33:19,960 Speaker 3: The place, but mostly one conference, no multiple conferences. 657 00:33:20,680 --> 00:33:24,160 Speaker 4: Oh yeah, I can think of right now, guys making 658 00:33:24,680 --> 00:33:29,440 Speaker 4: five to seven and the ACC, the Big twelve and 659 00:33:29,520 --> 00:33:32,520 Speaker 4: the Big ten. I don't know about big I know 660 00:33:32,600 --> 00:33:34,360 Speaker 4: I can think of a couple in the Big East. 661 00:33:35,240 --> 00:33:40,120 Speaker 2: But yeah, yeah, generally the SEC has the most money, 662 00:33:40,680 --> 00:33:41,720 Speaker 2: that spends the most money. 663 00:33:42,480 --> 00:33:47,640 Speaker 4: Yeah. Yeah, But I'm thinking of a couple of Big 664 00:33:47,640 --> 00:33:49,400 Speaker 4: East teams right now, a couple of Big ten teams, 665 00:33:49,440 --> 00:33:51,040 Speaker 4: a couple of ACC a couple of Big twelve that 666 00:33:51,080 --> 00:33:52,200 Speaker 4: are consistent. 667 00:33:51,920 --> 00:33:54,280 Speaker 2: A couple of big twelves that have big money. But 668 00:33:54,320 --> 00:33:57,120 Speaker 2: I would say across the board, in the SEC you're 669 00:33:57,120 --> 00:33:59,640 Speaker 2: either in like you're you're you got to be in 670 00:33:59,680 --> 00:34:02,520 Speaker 2: on some level. Otherwise it's just it's stupid. 671 00:34:03,000 --> 00:34:05,040 Speaker 4: And the sec of your budget less than three million, 672 00:34:05,080 --> 00:34:09,760 Speaker 4: you're in a bad spot. 673 00:34:10,680 --> 00:34:13,880 Speaker 2: Here's a question that I have that I wont okay. 674 00:34:13,920 --> 00:34:15,480 Speaker 2: So a lot of these guys you're at Portsmouth, A 675 00:34:15,480 --> 00:34:16,640 Speaker 2: lot of those guys are going to go sign their 676 00:34:16,640 --> 00:34:21,000 Speaker 2: first overseas deal, right What has the adjustment been like 677 00:34:21,560 --> 00:34:26,799 Speaker 2: for college players adjusting to the fact that sometimes you're 678 00:34:26,800 --> 00:34:28,400 Speaker 2: going to make more money now in college than you 679 00:34:28,440 --> 00:34:31,239 Speaker 2: are when you're a professional player in your first contract. 680 00:34:31,400 --> 00:34:34,200 Speaker 3: What are those conversations like in the agent side. 681 00:34:35,200 --> 00:34:39,160 Speaker 4: Yeah, I mean, I like to have really real conversations 682 00:34:39,160 --> 00:34:42,160 Speaker 4: and lay out clear expectations ahead of time and make 683 00:34:42,200 --> 00:34:44,800 Speaker 4: sure that these guys are making their current their college 684 00:34:44,840 --> 00:34:50,040 Speaker 4: decisions knowing three four steps ahead. So you know. Recently, 685 00:34:50,120 --> 00:34:54,840 Speaker 4: for instance, I had a client turned down upwards of 686 00:34:54,880 --> 00:34:57,359 Speaker 4: six hundred thousand to take about a third of that 687 00:34:57,440 --> 00:35:00,480 Speaker 4: because he really liked the school. I said, great, I 688 00:35:00,560 --> 00:35:03,239 Speaker 4: support you, but like I want you to, let's game 689 00:35:03,280 --> 00:35:06,280 Speaker 4: out the different paths you could be in your financial future, 690 00:35:06,560 --> 00:35:08,280 Speaker 4: and then you can make the decision if this extra 691 00:35:08,440 --> 00:35:11,360 Speaker 4: you know, four hundred thousand dollars is how important it 692 00:35:11,440 --> 00:35:13,160 Speaker 4: is to you, because there might be a point when 693 00:35:13,160 --> 00:35:14,960 Speaker 4: you're twenty five years old playing in the G League 694 00:35:14,960 --> 00:35:17,759 Speaker 4: making forty five thousand when that extra you know, three 695 00:35:17,840 --> 00:35:20,200 Speaker 4: hundred grand to buy a house could be really useful. 696 00:35:20,560 --> 00:35:22,040 Speaker 4: If you want to turn it down, that's fine, but 697 00:35:22,120 --> 00:35:24,839 Speaker 4: let's let's you know, let's talk about these different paths 698 00:35:24,840 --> 00:35:27,080 Speaker 4: because if for these guys, if you're not in the NBA, 699 00:35:28,360 --> 00:35:31,360 Speaker 4: this is your peak earning, right Like G League salaries 700 00:35:31,400 --> 00:35:33,319 Speaker 4: are forty you know, if you're depending onf you're getting 701 00:35:33,320 --> 00:35:36,920 Speaker 4: an exhibit ten or not, like you're making between like 702 00:35:36,960 --> 00:35:39,080 Speaker 4: forty and one hundred and fifteen thousand, you know, pre 703 00:35:39,200 --> 00:35:42,120 Speaker 4: tax in the NBA. You know, rookies overseas are generally 704 00:35:42,160 --> 00:35:43,759 Speaker 4: even if you're a high end rookie, you're making you know, 705 00:35:43,800 --> 00:35:47,640 Speaker 4: fifty to seventy net your rookie year, So most of 706 00:35:47,640 --> 00:35:49,400 Speaker 4: these guys are going to be taking pay cuts if 707 00:35:49,400 --> 00:35:52,759 Speaker 4: you're not in the NBA now. It could work a 708 00:35:52,760 --> 00:35:54,839 Speaker 4: few different ways. On one hand, it could be pissed, like, hey, 709 00:35:54,880 --> 00:35:56,799 Speaker 4: I'm used to making this amount of money, why am 710 00:35:56,840 --> 00:35:58,840 Speaker 4: I making this now? But on the other hand, it 711 00:35:58,840 --> 00:36:01,040 Speaker 4: makes it a little more palatable because if you've saved 712 00:36:01,080 --> 00:36:03,360 Speaker 4: your money now, you can live a little more comfortably 713 00:36:03,440 --> 00:36:06,000 Speaker 4: and climb that European ladder, right or fight it out 714 00:36:06,040 --> 00:36:07,960 Speaker 4: in the G League because you've got some savings, right, 715 00:36:08,000 --> 00:36:10,160 Speaker 4: It makes life more livable. For making a forty thousand 716 00:36:10,200 --> 00:36:12,719 Speaker 4: dollars salary in the G League and you've got two 717 00:36:12,800 --> 00:36:15,360 Speaker 4: hundred thousand saved from your college career, you don't have 718 00:36:15,400 --> 00:36:18,640 Speaker 4: to train guys in the off season to make up 719 00:36:18,680 --> 00:36:22,160 Speaker 4: that income. One thing I think we're going to see though, actually, 720 00:36:22,280 --> 00:36:26,440 Speaker 4: but I've noticed this year is college players being less 721 00:36:26,520 --> 00:36:28,120 Speaker 4: likely to go to the g LE route because they're 722 00:36:28,160 --> 00:36:31,200 Speaker 4: so used to making so much money. Right, Sure, you're 723 00:36:31,200 --> 00:36:33,359 Speaker 4: accustomed to making three four hundred thousand dollars a year 724 00:36:33,360 --> 00:36:34,839 Speaker 4: and you're like, wait, my salary is gonna be what 725 00:36:35,040 --> 00:36:37,800 Speaker 4: forty thousand all right, let me go to let me 726 00:36:37,840 --> 00:36:40,680 Speaker 4: go to Asia and get this bad because I've become 727 00:36:40,680 --> 00:36:43,960 Speaker 4: accustomed to this quality of life and I can't go 728 00:36:44,080 --> 00:36:47,440 Speaker 4: back to, you know, that lower income bracket. So I 729 00:36:47,480 --> 00:36:49,719 Speaker 4: do think it's it's going to make guys go overseas 730 00:36:50,080 --> 00:36:53,440 Speaker 4: quicker rather than going to the G League because they 731 00:36:53,440 --> 00:36:55,880 Speaker 4: want to continue earning at the level they have been. 732 00:36:57,440 --> 00:36:58,799 Speaker 3: Where is the portal now? 733 00:36:58,880 --> 00:37:01,640 Speaker 2: So right now we're in, uh the end of April, 734 00:37:02,400 --> 00:37:04,360 Speaker 2: and when I say where is the portal now, because 735 00:37:05,440 --> 00:37:08,560 Speaker 2: you have this is my interpretation of it, you're actually 736 00:37:08,600 --> 00:37:09,880 Speaker 2: living in on a daily basis. 737 00:37:09,960 --> 00:37:10,120 Speaker 3: Right. 738 00:37:10,640 --> 00:37:14,160 Speaker 2: So you had the initial thrust of portal guys, most 739 00:37:14,160 --> 00:37:16,480 Speaker 2: of them weren't going to be welcomed back at their 740 00:37:16,520 --> 00:37:19,120 Speaker 2: school anyway. You know, as soon as the season's over, 741 00:37:19,160 --> 00:37:20,640 Speaker 2: they put themselves in them. 742 00:37:20,920 --> 00:37:21,120 Speaker 3: Yeah. 743 00:37:21,120 --> 00:37:24,080 Speaker 2: You also had you know, coaching changes or whatever. And 744 00:37:24,120 --> 00:37:27,040 Speaker 2: then as the dust settled, you could see which players 745 00:37:27,160 --> 00:37:30,200 Speaker 2: would go in and probably ask for you know, a 746 00:37:30,320 --> 00:37:32,759 Speaker 2: rate increase. Coach would say no, or we don't have that, 747 00:37:33,280 --> 00:37:35,719 Speaker 2: and then you'd see those players leave, and now the market. 748 00:37:35,600 --> 00:37:37,240 Speaker 3: Kind of gets a flushed. 749 00:37:37,360 --> 00:37:39,160 Speaker 2: You've seen some high end players, a couple of them 750 00:37:39,160 --> 00:37:41,160 Speaker 2: have committed a couple of them happened. A lot have 751 00:37:41,200 --> 00:37:44,279 Speaker 2: declared for the NBA Draft, and I believe again this 752 00:37:44,360 --> 00:37:47,800 Speaker 2: is me outside of your insider is that's just delaying 753 00:37:47,840 --> 00:37:49,920 Speaker 2: the portal thing because it doesn't put you in the portal, 754 00:37:50,280 --> 00:37:53,480 Speaker 2: but it puts you in the portal to declare for 755 00:37:53,560 --> 00:37:58,480 Speaker 2: the for the NBA. And so uh, it's it's kind 756 00:37:58,480 --> 00:38:02,320 Speaker 2: of chaos right now because you have over a thousand 757 00:38:02,360 --> 00:38:04,759 Speaker 2: guys in the portal, but you also have you know, 758 00:38:04,840 --> 00:38:07,200 Speaker 2: over one hundred guys with their names declared. 759 00:38:06,880 --> 00:38:07,440 Speaker 3: For the draft. 760 00:38:08,320 --> 00:38:11,239 Speaker 2: And then you have you know, the grad transfers that 761 00:38:11,800 --> 00:38:15,520 Speaker 2: are there's untold grad transfers and you know they're on 762 00:38:15,560 --> 00:38:17,799 Speaker 2: the market. They don't have to put themselves in the portal. Right, 763 00:38:19,200 --> 00:38:21,800 Speaker 2: what am I missing anything? I'm missing any kind of 764 00:38:21,840 --> 00:38:23,439 Speaker 2: group of players that's out there. 765 00:38:23,680 --> 00:38:25,719 Speaker 4: Actually, grad transfers do have to put themselves in the portal. 766 00:38:25,760 --> 00:38:28,480 Speaker 4: This year, they change that because they had last chaos 767 00:38:28,480 --> 00:38:30,480 Speaker 4: like last year, the are people picking off grad chansers 768 00:38:30,480 --> 00:38:33,480 Speaker 4: from other teams when they're already in school on campus. 769 00:38:33,719 --> 00:38:37,160 Speaker 4: So they did change. And for NBA players, if you're 770 00:38:37,200 --> 00:38:38,799 Speaker 4: testing the waters, you still have to put your name 771 00:38:38,800 --> 00:38:42,640 Speaker 4: in the portal, but where we've reached right now is 772 00:38:44,440 --> 00:38:47,080 Speaker 4: coaching season. And again, I know I just said I 773 00:38:47,080 --> 00:38:49,000 Speaker 4: don't like to use that word, but that's that's the 774 00:38:49,080 --> 00:38:52,760 Speaker 4: terminology we're we're working with here, like the point where 775 00:38:52,800 --> 00:38:55,400 Speaker 4: where the guys in the portal or the guys in 776 00:38:55,440 --> 00:38:57,319 Speaker 4: the portal, there's a few more entering every day, but 777 00:38:57,360 --> 00:38:58,960 Speaker 4: a lot of the guys that are entering now are 778 00:38:59,080 --> 00:39:02,480 Speaker 4: entering with a destination in mind. Right, we've reached a 779 00:39:02,520 --> 00:39:05,799 Speaker 4: point where schools with big budgets have struck out on 780 00:39:05,960 --> 00:39:07,799 Speaker 4: guys that are currently in the portal, and they're looking 781 00:39:07,840 --> 00:39:10,600 Speaker 4: at the roster saying we have to figure something out, 782 00:39:10,719 --> 00:39:12,920 Speaker 4: and they're calling agents to ask about guys that are 783 00:39:12,920 --> 00:39:17,280 Speaker 4: currently on other rosters. And people can say it's unethical, 784 00:39:17,280 --> 00:39:21,600 Speaker 4: it's wrong, but everybody's doing it to each other. So yeah, 785 00:39:21,640 --> 00:39:24,000 Speaker 4: you're getting a guy poached off your roster, but you're 786 00:39:24,000 --> 00:39:26,640 Speaker 4: trying to poach somebody off someone else's roster. So until 787 00:39:26,680 --> 00:39:29,560 Speaker 4: we get to May first, we have about a week 788 00:39:29,680 --> 00:39:32,440 Speaker 4: left of people throwing insane offers at guys who are 789 00:39:32,440 --> 00:39:35,799 Speaker 4: on other people's rosters, and everyone's doing it to each other. 790 00:39:35,960 --> 00:39:38,000 Speaker 4: So no one can be holier than now. Because I 791 00:39:38,040 --> 00:39:40,680 Speaker 4: don't I mean, that's what the name of the game is. 792 00:39:40,760 --> 00:39:45,000 Speaker 4: Until we have a set of rules that we can enforce, 793 00:39:45,640 --> 00:39:48,759 Speaker 4: that set guidelines around what's allowed and what isn't. This 794 00:39:48,800 --> 00:39:50,000 Speaker 4: is the name of the game. So I think the 795 00:39:50,040 --> 00:39:52,759 Speaker 4: first wave of the portal was the guys who knew 796 00:39:52,760 --> 00:39:56,919 Speaker 4: all year they were entering. The second wave was Oh, crap, 797 00:39:57,000 --> 00:39:59,680 Speaker 4: everybody's leaving my team, or prap, my coach got fired, 798 00:39:59,760 --> 00:40:01,920 Speaker 4: or crap, I don't like this new coach. I'm mean 799 00:40:01,960 --> 00:40:04,839 Speaker 4: under the portal, right, and then it's oh crap, they 800 00:40:04,840 --> 00:40:07,319 Speaker 4: brought in someone at my position, So writing's on the wall. 801 00:40:07,360 --> 00:40:09,120 Speaker 4: I got to get out of here, right, And now 802 00:40:09,120 --> 00:40:13,360 Speaker 4: we've passed that phase, and now it's oh crap, I 803 00:40:13,360 --> 00:40:15,600 Speaker 4: don't like I can't get the best guys in the portal. 804 00:40:15,640 --> 00:40:17,759 Speaker 4: Let me go find a guy on someone else's roster 805 00:40:17,800 --> 00:40:19,560 Speaker 4: to pick off. And I think that's a final wave 806 00:40:19,600 --> 00:40:21,200 Speaker 4: of the portal. So we're going to probably see some 807 00:40:21,239 --> 00:40:25,160 Speaker 4: interesting names this week, just like we saw last week 808 00:40:25,320 --> 00:40:28,080 Speaker 4: that no one expected to jump that that that already 809 00:40:28,120 --> 00:40:29,000 Speaker 4: have a spot in mind. 810 00:40:29,840 --> 00:40:33,600 Speaker 2: What about what about when you commit to a school 811 00:40:34,480 --> 00:40:37,240 Speaker 2: and then that school. I saw this yesterday at school 812 00:40:37,320 --> 00:40:41,200 Speaker 2: took like one school took two point guards yesterday. I 813 00:40:41,280 --> 00:40:46,120 Speaker 2: thought that was interesting. How binding are these agreements when 814 00:40:46,160 --> 00:40:47,000 Speaker 2: you commit to a school. 815 00:40:47,440 --> 00:40:51,640 Speaker 4: They're not. They're not, I mean straight up, like most 816 00:40:51,680 --> 00:40:54,960 Speaker 4: of these collective contracts are like tied to being enrolled 817 00:40:54,960 --> 00:40:58,400 Speaker 4: in an institution in a specific geographic region and parameters 818 00:40:58,480 --> 00:41:00,920 Speaker 4: like that. But if you don't go to that school, 819 00:41:00,960 --> 00:41:03,680 Speaker 4: like generally penalty to breaking it again. I suggest that 820 00:41:03,719 --> 00:41:05,799 Speaker 4: on the last one there could be buyout clauses. I 821 00:41:05,800 --> 00:41:08,640 Speaker 4: could prevent that right now. These agreements really aren't binding. 822 00:41:09,040 --> 00:41:13,000 Speaker 4: So if you know, I think you know from my perspective, 823 00:41:13,200 --> 00:41:15,520 Speaker 4: if you commit to a school and you give your 824 00:41:15,680 --> 00:41:17,880 Speaker 4: verbal agreement and you handshake or a sign with the 825 00:41:17,880 --> 00:41:21,839 Speaker 4: collective and before the period's over, somebody else, another school 826 00:41:21,880 --> 00:41:23,960 Speaker 4: makes a bigger offer, I do think it is unethical 827 00:41:23,960 --> 00:41:26,200 Speaker 4: and I would never advise a client to back out 828 00:41:26,680 --> 00:41:28,600 Speaker 4: of an agreement for a higher offer. If you've already 829 00:41:28,600 --> 00:41:30,799 Speaker 4: made an agreement, I think your word, you should stick 830 00:41:30,840 --> 00:41:34,560 Speaker 4: with your work. Right. However, if you agree to something, 831 00:41:34,600 --> 00:41:36,160 Speaker 4: you agree to a role, and they say you're gonna 832 00:41:36,160 --> 00:41:37,680 Speaker 4: be the only point guard, and we make an agreement 833 00:41:37,680 --> 00:41:40,360 Speaker 4: and they bring another point guard, they put themselves in 834 00:41:40,360 --> 00:41:43,040 Speaker 4: a position where now you might need to look around 835 00:41:43,120 --> 00:41:46,879 Speaker 4: for an opportunity that suits you better, if that makes sense. 836 00:41:47,000 --> 00:41:50,799 Speaker 4: Like I think it's it's not right to break a 837 00:41:50,880 --> 00:41:54,520 Speaker 4: handshake or written agreement if everything is as they promised 838 00:41:54,520 --> 00:41:58,719 Speaker 4: it would be. But if you're really change and they 839 00:41:58,840 --> 00:42:00,920 Speaker 4: lie to you, and I think a kid should have 840 00:42:00,920 --> 00:42:02,680 Speaker 4: the right to shop around and find something that suits 841 00:42:02,719 --> 00:42:03,120 Speaker 4: them better. 842 00:42:04,040 --> 00:42:08,399 Speaker 2: Okay, Uh, the least one least one for for this 843 00:42:08,640 --> 00:42:11,719 Speaker 2: for this part we're talking about. 844 00:42:13,920 --> 00:42:14,280 Speaker 3: Okay. 845 00:42:14,440 --> 00:42:18,000 Speaker 2: Then there's also a bit of a waiting game here, right, 846 00:42:18,040 --> 00:42:21,120 Speaker 2: because you have let's just use the term we use 847 00:42:21,160 --> 00:42:23,080 Speaker 2: the term mid major waight too loosely, right, because there's 848 00:42:23,120 --> 00:42:26,799 Speaker 2: actually low major, the major minusment mallior plus all right, 849 00:42:26,840 --> 00:42:31,239 Speaker 2: So in the in the mid major world, like you 850 00:42:31,320 --> 00:42:33,960 Speaker 2: have players, a lot of them grad transfers. They're sitting 851 00:42:33,960 --> 00:42:38,000 Speaker 2: out there and you've established what their value is, right well, 852 00:42:38,080 --> 00:42:40,880 Speaker 2: what you believe it should be, and schools that are 853 00:42:40,880 --> 00:42:43,960 Speaker 2: recruiting them are somewhere in that area. But you know 854 00:42:44,080 --> 00:42:49,800 Speaker 2: in the back of your head that that after poaching 855 00:42:49,920 --> 00:42:54,640 Speaker 2: season probably comes panic season. We hang out anybody we 856 00:42:54,760 --> 00:42:57,080 Speaker 2: got to go, and we'll be willing to overpay guys 857 00:42:57,920 --> 00:43:01,000 Speaker 2: that we previously thought were at you know, at fifty. 858 00:43:01,080 --> 00:43:02,640 Speaker 2: Now we're willing to give them seventy five or one 859 00:43:02,680 --> 00:43:05,520 Speaker 2: hundred because now we're high major as opposed to fifty 860 00:43:05,640 --> 00:43:08,000 Speaker 2: or seventy five is really kind of topping out at 861 00:43:08,040 --> 00:43:11,200 Speaker 2: the mid major level. But that's like a delicate balance 862 00:43:11,280 --> 00:43:13,440 Speaker 2: for you, right, because you have the player and you 863 00:43:13,440 --> 00:43:15,360 Speaker 2: want to put them in a place where they can play. 864 00:43:15,800 --> 00:43:18,439 Speaker 2: You want to make sure you don't want to because again, 865 00:43:18,440 --> 00:43:20,799 Speaker 2: it hurts your relationship with the team. If you send 866 00:43:20,800 --> 00:43:22,359 Speaker 2: a kid who can't play at a high major level 867 00:43:22,360 --> 00:43:24,680 Speaker 2: to a high major you know, yeah, you got over 868 00:43:24,719 --> 00:43:27,680 Speaker 2: on them for a year, but your relationship is everything. 869 00:43:28,200 --> 00:43:30,960 Speaker 2: And because you've done the evaluation thing, go back to 870 00:43:31,040 --> 00:43:35,040 Speaker 2: when you're fourteen. So what's that waiting game like where 871 00:43:35,080 --> 00:43:37,680 Speaker 2: the balance of Hey, I have a bird in the hand, 872 00:43:37,680 --> 00:43:40,680 Speaker 2: but I potentially have two in the bush. Do I 873 00:43:40,800 --> 00:43:44,240 Speaker 2: take this deal? Do I not take this deal? Knowing 874 00:43:44,280 --> 00:43:46,680 Speaker 2: that the high majors are going to panic when some 875 00:43:46,719 --> 00:43:48,879 Speaker 2: of them need to fill roster spots here late late 876 00:43:48,920 --> 00:43:49,919 Speaker 2: in the portal game. 877 00:43:50,840 --> 00:43:53,560 Speaker 4: Yeah, I mean we've already reached panic season peak panic seas, 878 00:43:53,560 --> 00:43:58,160 Speaker 4: and I'll tell you that much. But again, my philosophy isn't. 879 00:43:58,080 --> 00:44:00,160 Speaker 2: The best part about You're talking about peak panticsies as 880 00:44:00,200 --> 00:44:03,239 Speaker 2: you're doing so with no facial effect at all, like 881 00:44:03,320 --> 00:44:04,520 Speaker 2: you're like they're panicking. 882 00:44:05,080 --> 00:44:09,560 Speaker 4: I'm not panicking the school, right, I just have to 883 00:44:09,560 --> 00:44:14,160 Speaker 4: sit here and navigate the changing marketplace and understand what 884 00:44:14,360 --> 00:44:19,399 Speaker 4: phase of the portal we're in. But again, my philosophy 885 00:44:19,440 --> 00:44:21,480 Speaker 4: as an agent is, when you find something you like, 886 00:44:21,840 --> 00:44:24,160 Speaker 4: you take it. You don't wait to get an extra 887 00:44:24,200 --> 00:44:26,960 Speaker 4: twenty or fifty that might be out there on the horizon. 888 00:44:27,400 --> 00:44:29,399 Speaker 4: You find something that suits you, right, you take it. 889 00:44:29,760 --> 00:44:32,160 Speaker 4: And maybe I have the luxury as an agent to 890 00:44:32,200 --> 00:44:35,279 Speaker 4: say that because these the difference of commission is not 891 00:44:35,400 --> 00:44:36,720 Speaker 4: materially affecting my life. 892 00:44:36,760 --> 00:44:36,880 Speaker 3: Right. 893 00:44:36,920 --> 00:44:38,640 Speaker 4: If you're an agent where you've got four guys and 894 00:44:38,680 --> 00:44:42,200 Speaker 4: your whole income for the years depending on these four commissions, 895 00:44:42,440 --> 00:44:44,600 Speaker 4: maybe you drag it out to get every single penny 896 00:44:44,600 --> 00:44:48,160 Speaker 4: and you put them in bad situations. But my business 897 00:44:48,200 --> 00:44:50,840 Speaker 4: is doing well enough that I don't need the extra 898 00:44:50,920 --> 00:44:54,319 Speaker 4: two thousand dollars here and there for myself. I can 899 00:44:54,360 --> 00:44:56,719 Speaker 4: tell a kid, hey, yeah, maybe you can get an 900 00:44:56,719 --> 00:44:59,080 Speaker 4: extra five or ten grand if you wait. But this 901 00:44:59,120 --> 00:45:02,279 Speaker 4: is a really good situation where you're really valued, and yes, 902 00:45:02,400 --> 00:45:04,480 Speaker 4: someone could come out of left field and offer you 903 00:45:04,520 --> 00:45:06,680 Speaker 4: a crazy bag, but this wool has been recruiting you 904 00:45:06,719 --> 00:45:08,279 Speaker 4: for a month and done a really good job. Kind 905 00:45:08,280 --> 00:45:11,919 Speaker 4: of go where you're valued, right. But having said that, yeah, 906 00:45:11,920 --> 00:45:13,520 Speaker 4: there are gonna be some guys that were getting offered 907 00:45:13,520 --> 00:45:16,279 Speaker 4: forty fifty sixty all through portal season and someone's going 908 00:45:16,360 --> 00:45:18,400 Speaker 4: to come off for one twenty because they're desperate. Of course, 909 00:45:18,440 --> 00:45:22,000 Speaker 4: that happens all the time. And additionally, there are going 910 00:45:22,040 --> 00:45:24,360 Speaker 4: to be situations where people are tapped out on budget 911 00:45:24,400 --> 00:45:26,160 Speaker 4: and they don't like their roster and they're going back 912 00:45:26,200 --> 00:45:28,719 Speaker 4: to boosters being like, yo, I need another, I need 913 00:45:28,760 --> 00:45:30,920 Speaker 4: another one, one, five. There's this really good kid on 914 00:45:30,920 --> 00:45:32,879 Speaker 4: this other roster. I need a million form right now. 915 00:45:33,840 --> 00:45:35,719 Speaker 4: And that's when kids get really overpaid. There are a 916 00:45:35,760 --> 00:45:38,520 Speaker 4: few schools last year that late in the period paid 917 00:45:38,800 --> 00:45:42,320 Speaker 4: absurd sums for guys who averaged you know, four points 918 00:45:42,320 --> 00:45:44,479 Speaker 4: a game, and uh, and those coaches got fine. 919 00:45:44,640 --> 00:45:46,480 Speaker 2: Then yeah, and then you have to pissing enough the 920 00:45:46,480 --> 00:45:49,200 Speaker 2: boosters and then you get yourself and they get yourself fire. 921 00:45:49,880 --> 00:45:54,360 Speaker 2: If you were going to establish a couple of basic rules, 922 00:45:55,160 --> 00:45:58,160 Speaker 2: basic rules, I put you in charge how do we 923 00:45:58,560 --> 00:45:59,759 Speaker 2: calm the chaos? 924 00:46:00,960 --> 00:46:01,440 Speaker 3: What do you do? 925 00:46:02,120 --> 00:46:06,640 Speaker 4: First off, we have to have a mutually agreed upon 926 00:46:07,280 --> 00:46:12,480 Speaker 4: uh governing body for collective contracts where if there's non payers, 927 00:46:12,600 --> 00:46:17,000 Speaker 4: late payers, liars that there are repercussions. We can't have 928 00:46:17,080 --> 00:46:20,719 Speaker 4: schools out here, uh not you know, promising one thing 929 00:46:20,719 --> 00:46:23,960 Speaker 4: and not paying it, or or giving contracts for money 930 00:46:24,000 --> 00:46:27,040 Speaker 4: that hasn't been raised yet. And I've seen that a lot. Right, 931 00:46:27,080 --> 00:46:29,400 Speaker 4: They're they're they're they're promising three million in contracts with 932 00:46:29,440 --> 00:46:31,600 Speaker 4: one to five in the day. Right, So we need 933 00:46:31,719 --> 00:46:36,640 Speaker 4: something to put parameters on on uh you know what 934 00:46:36,800 --> 00:46:39,399 Speaker 4: happens when when the kids aren't getting paid with their 935 00:46:39,400 --> 00:46:41,120 Speaker 4: own Additionally, we need heay. 936 00:46:41,040 --> 00:46:43,319 Speaker 3: So so let's let's start with that. So how do 937 00:46:43,400 --> 00:46:43,880 Speaker 3: we do that? 938 00:46:44,120 --> 00:46:47,839 Speaker 2: Because because right now, the I'm sure the NCAA and 939 00:46:47,880 --> 00:46:50,799 Speaker 2: the NCAA in parness to them is they're just really 940 00:46:50,800 --> 00:46:53,239 Speaker 2: made up of the schools and the issue that I 941 00:46:53,280 --> 00:46:56,120 Speaker 2: think most of the school the high major schools have 942 00:46:56,239 --> 00:46:58,880 Speaker 2: is like, look, we're handling this like this is the Senate. 943 00:46:59,200 --> 00:47:01,560 Speaker 2: Everybody gets a We want to be more like that. 944 00:47:01,880 --> 00:47:04,200 Speaker 2: If anything, in the House representatives where things are more 945 00:47:04,200 --> 00:47:06,000 Speaker 2: skewed in our favor because we're making more of the 946 00:47:06,040 --> 00:47:08,880 Speaker 2: money and we should determine how all this stuff goes 947 00:47:09,200 --> 00:47:11,040 Speaker 2: and so the end, So all these schools like what's 948 00:47:11,040 --> 00:47:13,040 Speaker 2: the difference with the past rule? You can get a 949 00:47:13,080 --> 00:47:16,759 Speaker 2: shot down in a court anyway, none of it can 950 00:47:16,760 --> 00:47:18,560 Speaker 2: stand up. So how do you how do you handle 951 00:47:18,600 --> 00:47:20,600 Speaker 2: that element to it well? 952 00:47:21,960 --> 00:47:24,120 Speaker 4: And we're far away from this, but I think, you know, 953 00:47:24,640 --> 00:47:28,359 Speaker 4: players having some sort of union where we can work 954 00:47:28,400 --> 00:47:30,920 Speaker 4: together with the NCAA where they're not just making rules 955 00:47:30,920 --> 00:47:35,080 Speaker 4: on the player's behalf, but that we're working together collectively 956 00:47:35,120 --> 00:47:37,239 Speaker 4: bargaining to find something that works for everybody. Like I 957 00:47:37,239 --> 00:47:40,000 Speaker 4: have friends at the NBA, at the NCAAA. I just 958 00:47:40,120 --> 00:47:41,919 Speaker 4: hung out with two of them at Portsmouth this week 959 00:47:41,960 --> 00:47:45,120 Speaker 4: and we talked about potential solutions. We're so far away 960 00:47:45,160 --> 00:47:48,399 Speaker 4: from those actually being able to be put in put 961 00:47:48,440 --> 00:47:51,600 Speaker 4: in to reality. But again, I think the problem to 962 00:47:51,640 --> 00:47:54,640 Speaker 4: this point has been ncage is arbitrarily making rules that 963 00:47:54,640 --> 00:47:56,839 Speaker 4: everyone has to follow, where the players don't get a say. 964 00:47:56,840 --> 00:47:58,839 Speaker 4: The institutions are the only ones that get to say. 965 00:47:59,040 --> 00:48:00,480 Speaker 4: When we get to a world where the players and 966 00:48:00,520 --> 00:48:03,080 Speaker 4: the institutions can work together to create as system that 967 00:48:03,120 --> 00:48:05,680 Speaker 4: works for everybody, then we're going to be in business. 968 00:48:05,719 --> 00:48:09,840 Speaker 4: But I think we're pretty far off from that because 969 00:48:10,080 --> 00:48:12,480 Speaker 4: the NCAA has been i think hell bent on putting 970 00:48:12,480 --> 00:48:15,239 Speaker 4: the toothpaste back in the tube. It's not going back 971 00:48:15,280 --> 00:48:17,759 Speaker 4: in the tube. The toothpaste is on the table or 972 00:48:17,840 --> 00:48:20,200 Speaker 4: the toothbrush whatever, and now you want to use let's 973 00:48:20,239 --> 00:48:21,920 Speaker 4: call it what it is and let's figure out how 974 00:48:21,960 --> 00:48:24,840 Speaker 4: to work together to move forward instead of putting that 975 00:48:24,920 --> 00:48:27,840 Speaker 4: toothpaste back in the tube. So in the NCAA is 976 00:48:27,920 --> 00:48:30,440 Speaker 4: going we're going to start working together to create a 977 00:48:30,440 --> 00:48:31,720 Speaker 4: sustainable system. 978 00:48:32,280 --> 00:48:33,399 Speaker 3: Okay, so we have. 979 00:48:35,040 --> 00:48:37,279 Speaker 2: There's other obviously a bunch of other kind of things 980 00:48:37,280 --> 00:48:39,720 Speaker 2: that hoops to jump through before you get there. Okay, 981 00:48:39,760 --> 00:48:43,040 Speaker 2: So but in the in the short term, some sort 982 00:48:43,080 --> 00:48:48,200 Speaker 2: of accountability where people have to pay what they contract 983 00:48:48,200 --> 00:48:50,640 Speaker 2: to pay, and what else. 984 00:48:53,440 --> 00:48:56,359 Speaker 4: Rules around when contracts can be signed, how they can 985 00:48:56,400 --> 00:48:59,200 Speaker 4: be negotiated, when they can be negotiated right there should 986 00:48:59,200 --> 00:49:02,160 Speaker 4: the portal seasons would be called free agency, right it 987 00:49:02,200 --> 00:49:04,839 Speaker 4: should be for transfers, you can negotiate from here to hear, 988 00:49:06,640 --> 00:49:09,200 Speaker 4: this is when contracts can be negotiated and signed. These 989 00:49:09,200 --> 00:49:11,319 Speaker 4: are the rules around when a player can ask for 990 00:49:11,560 --> 00:49:14,080 Speaker 4: an agent can ask for an extension, you know, just 991 00:49:14,120 --> 00:49:16,160 Speaker 4: like we have in the NBA, right, Like, there needs 992 00:49:16,160 --> 00:49:18,600 Speaker 4: to be some parameters around what's acceptable and what isn't 993 00:49:18,680 --> 00:49:22,880 Speaker 4: so we can have a little bit of guardrails on 994 00:49:22,920 --> 00:49:30,520 Speaker 4: this chaos. Right. I think this system is not sustainable 995 00:49:30,520 --> 00:49:33,359 Speaker 4: of these external anile collectives again, like, let's call them 996 00:49:33,360 --> 00:49:35,640 Speaker 4: what they are, and let's you know, tie them to 997 00:49:35,680 --> 00:49:39,840 Speaker 4: the institutions and have situations where there can be like 998 00:49:39,880 --> 00:49:43,880 Speaker 4: we talked about performance bonuses and postseason bonuses and schools 999 00:49:43,880 --> 00:49:46,279 Speaker 4: directly raising money to give to the players. Sharing the 1000 00:49:46,280 --> 00:49:48,400 Speaker 4: TV revenue, Like I was speaking to some of the 1001 00:49:48,400 --> 00:49:52,880 Speaker 4: other day who proposed what if the conferences shared some 1002 00:49:52,960 --> 00:49:56,160 Speaker 4: of their TV revenue with the collectives? Right, Hey, there's 1003 00:49:56,200 --> 00:49:58,640 Speaker 4: two million a year to each collective from our TV 1004 00:49:59,600 --> 00:50:02,480 Speaker 4: our TV revenue is as a conference, right like starts 1005 00:50:02,920 --> 00:50:06,600 Speaker 4: taking the burden just solely off the shoulders of the boosters, Uh, 1006 00:50:06,760 --> 00:50:10,399 Speaker 4: bringing some of that TV revenue in and tying the 1007 00:50:10,400 --> 00:50:13,239 Speaker 4: collectives to the schools. I think that's the problem with that. 1008 00:50:13,320 --> 00:50:17,080 Speaker 2: The problem with that is that money is generally all 1009 00:50:17,120 --> 00:50:21,600 Speaker 2: spoken for, so you can get it, but something's going 1010 00:50:21,680 --> 00:50:24,719 Speaker 2: to come up short, and we all know what that 1011 00:50:24,760 --> 00:50:26,960 Speaker 2: we we all know what that is, right, That's the 1012 00:50:26,960 --> 00:50:29,000 Speaker 2: only place they're going to cut is in the non 1013 00:50:29,040 --> 00:50:30,240 Speaker 2: revenue generating sports. 1014 00:50:31,200 --> 00:50:32,560 Speaker 3: That's where the that's where the cuts at. 1015 00:50:33,080 --> 00:50:36,400 Speaker 4: Yeah, in theory, yes, but like also we have you know, 1016 00:50:36,440 --> 00:50:40,720 Speaker 4: these It's funny I see schools raising one hundred million, 1017 00:50:40,719 --> 00:50:44,120 Speaker 4: five hundred million for these crazy practice facilities and you know, 1018 00:50:44,960 --> 00:50:48,080 Speaker 4: building new arenas and like maybe some of those luxuries 1019 00:50:48,120 --> 00:50:49,319 Speaker 4: aren't quite as necessary with a kid. 1020 00:50:49,400 --> 00:50:51,640 Speaker 3: Rather, I listen, I agree with you. 1021 00:50:51,680 --> 00:50:53,359 Speaker 2: Most of these coaches will tell you, like I don't 1022 00:50:53,360 --> 00:50:54,879 Speaker 2: want a new facility, don't want any of that shit. 1023 00:50:54,920 --> 00:50:58,000 Speaker 2: But that all that in the collector, all that in. 1024 00:50:57,920 --> 00:50:59,759 Speaker 4: The collect Northwestern. But I think they built like a 1025 00:50:59,840 --> 00:51:02,439 Speaker 4: nine one hundred million dollars nine hundred and thre hundred 1026 00:51:02,480 --> 00:51:04,520 Speaker 4: out of practice facility on the lake. I'm sure some 1027 00:51:04,560 --> 00:51:07,120 Speaker 4: of those players would have rather had a slightly less 1028 00:51:07,560 --> 00:51:09,439 Speaker 4: a beautiful practice facility on the lake and a little 1029 00:51:09,440 --> 00:51:10,240 Speaker 4: more money in a pocket. 1030 00:51:12,000 --> 00:51:12,320 Speaker 3: Yeah. 1031 00:51:12,320 --> 00:51:15,720 Speaker 2: Well, it's it's always amazing. They all they all do things. 1032 00:51:15,760 --> 00:51:17,320 Speaker 2: And some of it they do because they get grants 1033 00:51:17,320 --> 00:51:20,719 Speaker 2: from the state, you know they can, and they get 1034 00:51:20,760 --> 00:51:26,600 Speaker 2: some academic money as well. There's okay, So so UH, 1035 00:51:27,560 --> 00:51:32,319 Speaker 2: guardrails for contracts in terms of timing and UH and 1036 00:51:32,360 --> 00:51:34,560 Speaker 2: some some fine print issues. 1037 00:51:34,960 --> 00:51:39,560 Speaker 3: You got to have accountability for non payers. What else? 1038 00:51:40,640 --> 00:51:43,239 Speaker 4: Well, one thing I would theoretically like to say is 1039 00:51:45,160 --> 00:51:48,600 Speaker 4: sometimes a certification program for agents, right like the NBA 1040 00:51:48,760 --> 00:51:51,600 Speaker 4: has You have to pass a test and pay dues 1041 00:51:51,719 --> 00:51:55,080 Speaker 4: to be an NBA certified agent, and and the NCAA 1042 00:51:55,160 --> 00:51:57,840 Speaker 4: anybody can just pop up and call themselves an Anisle agent. 1043 00:51:57,880 --> 00:52:00,520 Speaker 4: And there are people who are sabotage and play's career 1044 00:52:00,600 --> 00:52:03,680 Speaker 4: is ruining. I mean, it's it's it's it's tragic. But 1045 00:52:03,800 --> 00:52:08,200 Speaker 4: the question is who's in charge of certifying those agents. 1046 00:52:08,520 --> 00:52:12,440 Speaker 4: In the NBA, it's the players Union that certifies those agents. 1047 00:52:12,840 --> 00:52:15,600 Speaker 4: It's it's a it's an organization that is created to 1048 00:52:15,719 --> 00:52:17,960 Speaker 4: protect and defend their players, so they want these agents 1049 00:52:18,000 --> 00:52:21,920 Speaker 4: to be qualified. So it's not the NBA certifying the agents, 1050 00:52:22,040 --> 00:52:25,400 Speaker 4: it's a players union. So if the NCAA is in 1051 00:52:25,480 --> 00:52:29,839 Speaker 4: charge of certifying agents, their incentives are different than if 1052 00:52:29,840 --> 00:52:32,200 Speaker 4: it was if it was the players. And we don't 1053 00:52:32,239 --> 00:52:34,279 Speaker 4: have a union yet, the players aren't even employees yet, 1054 00:52:34,360 --> 00:52:36,400 Speaker 4: so we're so far away from that, and so I 1055 00:52:36,440 --> 00:52:38,200 Speaker 4: don't know how we can get to a place where 1056 00:52:38,800 --> 00:52:42,120 Speaker 4: there's a vetting process for agents. Until we have that, 1057 00:52:42,160 --> 00:52:45,439 Speaker 4: I mean, I've talked to the NCAA about their agent 1058 00:52:45,560 --> 00:52:50,000 Speaker 4: certification program for players who are testing the waters the 1059 00:52:50,120 --> 00:52:53,240 Speaker 4: NBA waters right, and I think they want to create 1060 00:52:53,280 --> 00:52:57,040 Speaker 4: something for an il agents, but they really can't because 1061 00:52:57,040 --> 00:52:59,960 Speaker 4: if they're marketing deals, these are marketing companies that are 1062 00:53:00,040 --> 00:53:04,480 Speaker 4: giving marketing deals, not the institutions themselves. So the NCAA 1063 00:53:04,520 --> 00:53:08,040 Speaker 4: really their hands are tied. But I think we need 1064 00:53:08,080 --> 00:53:09,759 Speaker 4: to get to a point where there is some type 1065 00:53:09,760 --> 00:53:11,840 Speaker 4: of vetting process for agents, because there are some people 1066 00:53:11,840 --> 00:53:15,120 Speaker 4: who are doing some criminal things to kids' careers by 1067 00:53:15,160 --> 00:53:16,719 Speaker 4: just not knowing what they're doing. 1068 00:53:17,440 --> 00:53:18,799 Speaker 2: Right, You have guys who are kind of the old 1069 00:53:18,800 --> 00:53:22,719 Speaker 2: school runners and they're you know, moving pieces around and 1070 00:53:22,840 --> 00:53:24,920 Speaker 2: just to make a quick buck. And those people, some 1071 00:53:24,960 --> 00:53:27,520 Speaker 2: of them even actually it's not that they have anything 1072 00:53:29,080 --> 00:53:33,960 Speaker 2: any bad intentions, They just a little there. It's just 1073 00:53:34,040 --> 00:53:35,040 Speaker 2: a little too old school. 1074 00:53:35,440 --> 00:53:37,520 Speaker 4: I'll actually say some of those old school guys are 1075 00:53:37,560 --> 00:53:39,799 Speaker 4: better agents than some of these pop up agents. Like 1076 00:53:39,880 --> 00:53:44,440 Speaker 4: some old school AAU coaches know this market better than 1077 00:53:44,440 --> 00:53:46,880 Speaker 4: anybody know how to price a player cut a deal. 1078 00:53:46,920 --> 00:53:49,080 Speaker 4: Because They've been doing it for twenty years now. Some 1079 00:53:49,200 --> 00:53:52,959 Speaker 4: AAU coaches and runners for years have been doing deals 1080 00:53:52,960 --> 00:53:55,600 Speaker 4: in pocketing the money, which is criminal, right. But there 1081 00:53:55,600 --> 00:53:57,719 Speaker 4: have been guys who have been helping kids families keep 1082 00:53:57,760 --> 00:53:59,840 Speaker 4: their lights on with you know, shoe box money for you, 1083 00:54:00,320 --> 00:54:02,400 Speaker 4: and they know this market better than anyone. But some 1084 00:54:02,440 --> 00:54:04,960 Speaker 4: of the worst actors I've seen in this place are 1085 00:54:04,960 --> 00:54:09,040 Speaker 4: actually like college kids or recent grads who read about 1086 00:54:09,160 --> 00:54:11,440 Speaker 4: NIL and call themselves an Nile agent, or reach out 1087 00:54:11,440 --> 00:54:13,440 Speaker 4: to kids on Instagram. And I get dms all the 1088 00:54:13,480 --> 00:54:15,200 Speaker 4: time because people will see my tweets or listen to 1089 00:54:15,280 --> 00:54:18,000 Speaker 4: our podcast, right. And I've had people say, hey, I've 1090 00:54:18,040 --> 00:54:23,000 Speaker 4: signed these five players, they're in the market, but I've 1091 00:54:23,040 --> 00:54:26,560 Speaker 4: never seen an anile collective contract. Can you send me 1092 00:54:26,600 --> 00:54:28,759 Speaker 4: one or can you tell me how to talk to 1093 00:54:28,800 --> 00:54:32,040 Speaker 4: a collective. I'm like, you're representing a player in the 1094 00:54:32,080 --> 00:54:34,480 Speaker 4: biggest decision of his career and you've never seen a 1095 00:54:34,520 --> 00:54:36,640 Speaker 4: collective contract. You don't know how to have the discussion. 1096 00:54:36,640 --> 00:54:38,560 Speaker 4: They're like, hey, do we talk to the collective now 1097 00:54:38,680 --> 00:54:40,040 Speaker 4: or when they get there? Like they don't even know 1098 00:54:40,040 --> 00:54:42,480 Speaker 4: how the process goes. There's no education in this other 1099 00:54:42,560 --> 00:54:44,920 Speaker 4: than listening to us talk on this podcast or reading 1100 00:54:44,920 --> 00:54:48,360 Speaker 4: me and Darren Heidner and Mitt Winner's tweets, and I 1101 00:54:48,360 --> 00:54:50,160 Speaker 4: think some of the worst actors I've seen are just 1102 00:54:50,200 --> 00:54:53,719 Speaker 4: like young people who call themselves agents and reach out 1103 00:54:53,760 --> 00:54:56,120 Speaker 4: to people on Instagram. And because you've got ANIL agent 1104 00:54:56,160 --> 00:55:00,520 Speaker 4: in your bio, you seem official and you are ruining 1105 00:55:00,520 --> 00:55:01,520 Speaker 4: people's careers. 1106 00:55:01,920 --> 00:55:03,759 Speaker 3: Sure, all right, let's do this. 1107 00:55:03,800 --> 00:55:08,160 Speaker 2: So we have basically one week left until the portal closes, 1108 00:55:09,040 --> 00:55:11,040 Speaker 2: so we'll see. As you point out, there's going to 1109 00:55:11,120 --> 00:55:15,200 Speaker 2: be probably some big names here. I'll throw out here 1110 00:55:15,239 --> 00:55:17,080 Speaker 2: that if you listen to this and you have any 1111 00:55:17,239 --> 00:55:20,440 Speaker 2: any sort of nil question, feel free to tweet us 1112 00:55:20,880 --> 00:55:22,759 Speaker 2: or hit us up on Instagram to d m us 1113 00:55:22,800 --> 00:55:26,560 Speaker 2: and we'll work it into a part three. And in 1114 00:55:26,600 --> 00:55:29,120 Speaker 2: the meantime, like you get hit with these questions all 1115 00:55:29,120 --> 00:55:30,799 Speaker 2: the time, as do I like you, and I got 1116 00:55:30,840 --> 00:55:33,959 Speaker 2: to keep like a better text chain going of it. 1117 00:55:33,520 --> 00:55:36,759 Speaker 2: We get the add that I think we're going on 1118 00:55:36,840 --> 00:55:39,520 Speaker 2: something else. But it's going to be an interesting week 1119 00:55:39,560 --> 00:55:43,319 Speaker 2: because you've had I know, there was one player. There's 1120 00:55:43,320 --> 00:55:45,880 Speaker 2: one player that everybody said he told people was a 1121 00:55:45,880 --> 00:55:48,719 Speaker 2: million dollars and he committed to a place, So I'd 1122 00:55:48,760 --> 00:55:50,200 Speaker 2: love to know if that was in fact a million 1123 00:55:50,200 --> 00:55:53,720 Speaker 2: dollars at the end of the day, and then let's 1124 00:55:54,360 --> 00:55:56,680 Speaker 2: let's have a part three kind of wrap up discussion. 1125 00:55:57,200 --> 00:56:01,800 Speaker 2: But yeah, so my my original rules that I thought 1126 00:56:01,880 --> 00:56:09,400 Speaker 2: would work would be that you didn't get nil you 1127 00:56:09,440 --> 00:56:13,960 Speaker 2: didn't get nil money until you played a game for 1128 00:56:14,120 --> 00:56:19,480 Speaker 2: your program. That that was my and I believe that 1129 00:56:19,520 --> 00:56:23,680 Speaker 2: you have to have retention bonuses like the whole way 1130 00:56:23,760 --> 00:56:27,200 Speaker 2: to use this to quote unquote save the sport and 1131 00:56:27,239 --> 00:56:29,640 Speaker 2: propel the sport because I think that there's a there's 1132 00:56:29,640 --> 00:56:33,560 Speaker 2: a window there where you can make it so that 1133 00:56:33,800 --> 00:56:35,799 Speaker 2: it's better than it's ever been because guys will stay 1134 00:56:35,800 --> 00:56:38,360 Speaker 2: there two or three years and they're not going to 1135 00:56:38,360 --> 00:56:40,400 Speaker 2: be a second round or undrafted draft pick. 1136 00:56:40,600 --> 00:56:41,400 Speaker 3: Right. 1137 00:56:41,520 --> 00:56:45,720 Speaker 2: But uh, but you gotta how do you create that window? 1138 00:56:45,800 --> 00:56:47,879 Speaker 2: What do people want to see? They want to see 1139 00:56:47,880 --> 00:56:50,560 Speaker 2: the best players play at the biggest schools, but they 1140 00:56:50,600 --> 00:56:54,600 Speaker 2: want to see and for as long as possible they 1141 00:56:54,680 --> 00:56:57,200 Speaker 2: kind of fall in love with these kids, if you will. 1142 00:56:59,200 --> 00:57:01,960 Speaker 2: I thought that more tell your deals and you know 1143 00:57:02,360 --> 00:57:04,080 Speaker 2: it's with the new rule, it's not going to happen, 1144 00:57:04,120 --> 00:57:05,920 Speaker 2: so it doesn't even work. Bring it up I have 1145 00:57:06,040 --> 00:57:09,279 Speaker 2: thought that not sitting out on the second transfer is 1146 00:57:09,280 --> 00:57:11,880 Speaker 2: a mistake, like when you you don't have to be 1147 00:57:11,920 --> 00:57:15,760 Speaker 2: fully engaged mentally because you can transfer and play anywhere. 1148 00:57:15,800 --> 00:57:18,320 Speaker 2: But again, that's not the path that they're choosing to 1149 00:57:18,320 --> 00:57:20,640 Speaker 2: fight right now. So I think the way to do 1150 00:57:20,720 --> 00:57:24,280 Speaker 2: it is you have to have some sort of retention bonuses. 1151 00:57:24,800 --> 00:57:26,320 Speaker 3: And I'm with you on. 1152 00:57:26,280 --> 00:57:28,600 Speaker 2: The buyouts, like, hey, you want to leave, sure, bye 1153 00:57:28,600 --> 00:57:31,880 Speaker 2: and go ahead, I'll be a buyout. I think those 1154 00:57:32,320 --> 00:57:36,680 Speaker 2: two things along with some sort of delayed gratification. 1155 00:57:36,040 --> 00:57:38,840 Speaker 3: Where you have to perform for your getting paid. 1156 00:57:38,840 --> 00:57:40,320 Speaker 2: And I understand the other side to it, right, The 1157 00:57:40,360 --> 00:57:42,200 Speaker 2: other side to it is, hey, they offer me this 1158 00:57:42,560 --> 00:57:45,440 Speaker 2: gargantuan some money, everybody says they don't have it, and 1159 00:57:45,600 --> 00:57:48,240 Speaker 2: if I don't get it July first, or you know, 1160 00:57:48,320 --> 00:57:50,520 Speaker 2: July fifteenth, when I've been on campus for a month, 1161 00:57:50,760 --> 00:57:53,320 Speaker 2: I'm out. So that's the other side to it, right 1162 00:57:53,400 --> 00:57:55,560 Speaker 2: that you have to you have to protect the student, 1163 00:57:55,600 --> 00:57:57,920 Speaker 2: not just protect the school. But there has to be 1164 00:57:58,000 --> 00:58:00,000 Speaker 2: some form of balance in protecting both sides. 1165 00:58:00,960 --> 00:58:08,360 Speaker 4: Absolutely, I think retention bonuses are great. Graduation bonuses are great. 1166 00:58:09,360 --> 00:58:12,080 Speaker 4: Team performance bonuses are great. Multi year deals with biolts. 1167 00:58:12,120 --> 00:58:13,760 Speaker 4: Now biots have to go both ways. If you run 1168 00:58:13,800 --> 00:58:15,480 Speaker 4: a kid off, you gotta pay him. You got to 1169 00:58:15,480 --> 00:58:19,480 Speaker 4: buy him out of the right. And those are great, 1170 00:58:20,000 --> 00:58:23,400 Speaker 4: And I think it would be fine if you don't 1171 00:58:23,400 --> 00:58:25,120 Speaker 4: get paid unil you play for the school. If we 1172 00:58:25,160 --> 00:58:27,400 Speaker 4: talked about there was some type of governing body where 1173 00:58:27,720 --> 00:58:30,880 Speaker 4: if the money doesn't get paid, there's legal repercussions and 1174 00:58:30,920 --> 00:58:33,200 Speaker 4: you can collect on that money like we have in overseas. 1175 00:58:33,240 --> 00:58:36,640 Speaker 4: We have FEBA that you know, can can enforce that. 1176 00:58:36,760 --> 00:58:39,440 Speaker 4: So I think me and you are having these conversations, 1177 00:58:39,440 --> 00:58:41,680 Speaker 4: and everyone should be having these conversations. Who are you know, 1178 00:58:42,280 --> 00:58:44,640 Speaker 4: stakeholders in the sport to move these things forward? You 1179 00:58:44,720 --> 00:58:46,640 Speaker 4: know again, what we're doing right here is trying to 1180 00:58:46,640 --> 00:58:48,720 Speaker 4: think of ideas and no one has all the answers. 1181 00:58:49,080 --> 00:58:51,320 Speaker 4: But we get instead of his complaining about the way 1182 00:58:51,360 --> 00:58:54,920 Speaker 4: things have changed, let's continue having no one has answers. 1183 00:58:55,400 --> 00:58:58,160 Speaker 4: I am knee deep in this thing every single day 1184 00:58:58,960 --> 00:59:00,760 Speaker 4: up to my eyeballs. I'm going to pick up my 1185 00:59:00,800 --> 00:59:03,720 Speaker 4: phone and have fifty calls. But I don't have all 1186 00:59:03,720 --> 00:59:05,720 Speaker 4: the answers. All I have is some ideas and a 1187 00:59:05,760 --> 00:59:08,720 Speaker 4: desire for this thing to stabilize because I love college 1188 00:59:08,760 --> 00:59:12,520 Speaker 4: basketball and I grew up doing some fourteen years old. 1189 00:59:12,520 --> 00:59:14,720 Speaker 4: My best friends in the world are all college coaches, 1190 00:59:15,240 --> 00:59:16,880 Speaker 4: and I just want to move this thing forward, just 1191 00:59:16,920 --> 00:59:20,520 Speaker 4: like you do. We've created built our lives on this sport, 1192 00:59:20,600 --> 00:59:23,360 Speaker 4: and I think instead of just complaining and bitching about 1193 00:59:23,360 --> 00:59:27,400 Speaker 4: how everything's bad, like, let's just continue having these conversations 1194 00:59:27,400 --> 00:59:29,640 Speaker 4: between me and you, between college coaches, between the NCAA, 1195 00:59:29,680 --> 00:59:32,360 Speaker 4: between the agents, between the players, between the AAU coaches, 1196 00:59:32,760 --> 00:59:34,400 Speaker 4: so we can all put our ideas together and fare 1197 00:59:34,440 --> 00:59:36,120 Speaker 4: out how to move this thing forward. Because there is 1198 00:59:36,160 --> 00:59:37,840 Speaker 4: a path forward, like you said, where there can be 1199 00:59:37,840 --> 00:59:40,240 Speaker 4: a better future than there was before. No one, I 1200 00:59:40,240 --> 00:59:42,800 Speaker 4: don't think anyone thinks the past was great, where coaches 1201 00:59:42,800 --> 00:59:46,040 Speaker 4: are making millions of dollars and kids' families can't afford 1202 00:59:46,080 --> 00:59:48,000 Speaker 4: to fly to see him play, and the only way 1203 00:59:48,000 --> 00:59:51,520 Speaker 4: to do it is for a coach to illegally give 1204 00:59:51,600 --> 00:59:54,080 Speaker 4: part of his salary and risk going to jail to 1205 00:59:54,160 --> 00:59:56,200 Speaker 4: help keep that kid's lights on. No one thinks that 1206 00:59:56,280 --> 00:59:58,080 Speaker 4: was the right system, but we all know that this 1207 00:59:58,160 --> 00:59:59,240 Speaker 4: isn't the right system either. 1208 00:59:59,680 --> 01:00:02,200 Speaker 2: No, No, I do, but I do wonder like whenever 1209 01:00:02,240 --> 01:00:04,760 Speaker 2: we put any even even if we get a collectively 1210 01:00:04,840 --> 01:00:10,000 Speaker 2: bargain upon agreement, right, and again your years down the road. 1211 01:00:11,360 --> 01:00:16,240 Speaker 2: Basketball has been an under the table pay sport forever, right, 1212 01:00:16,880 --> 01:00:18,520 Speaker 2: So it's like, hey, we can. 1213 01:00:18,360 --> 01:00:20,720 Speaker 3: Only pay a kid two fifty, Like, do we really 1214 01:00:20,760 --> 01:00:23,240 Speaker 3: think that that's what it's going to be. So that's that. 1215 01:00:24,600 --> 01:00:28,240 Speaker 4: But look, you're right, but the more the salaries are, 1216 01:00:28,440 --> 01:00:30,800 Speaker 4: the less the under the table is relevant. When the 1217 01:00:30,800 --> 01:00:34,040 Speaker 4: salaries are zero, that fifty grand in the shoe box 1218 01:00:35,040 --> 01:00:37,760 Speaker 4: means a lot. When the salaries are four hundred thousand, 1219 01:00:38,080 --> 01:00:40,120 Speaker 4: that fifty grand in going. It's funny. I noticed this. 1220 01:00:40,200 --> 01:00:42,720 Speaker 4: I had this observation in the agent game recently. So 1221 01:00:42,760 --> 01:00:45,840 Speaker 4: it used to be some agencies would pay huge upfront 1222 01:00:45,960 --> 01:00:48,920 Speaker 4: sums to players to sign with them for the draft, right, 1223 01:00:48,960 --> 01:00:51,800 Speaker 4: two hundred grand to get you a late first round pick. Well, 1224 01:00:51,840 --> 01:00:54,640 Speaker 4: now players are late first round picks are coming out 1225 01:00:54,640 --> 01:00:57,840 Speaker 4: with five hundred thousand in the bank. The agent can't 1226 01:00:57,840 --> 01:01:00,200 Speaker 4: buy them anymore. They have to pick. They're generally in a. 1227 01:01:00,200 --> 01:01:03,880 Speaker 3: Pick energy, so it affects It affects the pro world 1228 01:01:04,240 --> 01:01:06,640 Speaker 3: that they already have money, so there's not the desperation 1229 01:01:07,440 --> 01:01:09,560 Speaker 3: in once once they get to the pro world. Just 1230 01:01:09,600 --> 01:01:10,360 Speaker 3: to side with an agent. 1231 01:01:10,800 --> 01:01:12,520 Speaker 4: It's a lot harder to buy a draft pick, which 1232 01:01:12,560 --> 01:01:15,120 Speaker 4: is great for me because I've never had the resources 1233 01:01:15,120 --> 01:01:17,120 Speaker 4: to buy a draft pick in the first place. So 1234 01:01:17,480 --> 01:01:20,320 Speaker 4: now guys are picking based much more based on, you know, 1235 01:01:21,000 --> 01:01:24,160 Speaker 4: all things being equal, because you know that money doesn't 1236 01:01:24,160 --> 01:01:26,520 Speaker 4: go as far. And I think to your point, the 1237 01:01:26,560 --> 01:01:29,840 Speaker 4: shoe box money, Yeah, when there's a collectively bargained you know, 1238 01:01:30,240 --> 01:01:34,440 Speaker 4: a system, Yeah, there might still be cheating, but the 1239 01:01:34,520 --> 01:01:36,480 Speaker 4: cheating is going to have much less of an impact 1240 01:01:37,400 --> 01:01:40,280 Speaker 4: because that you know, the under the table money is 1241 01:01:40,280 --> 01:01:42,240 Speaker 4: going to be so much less than you know, in theory, 1242 01:01:42,280 --> 01:01:45,000 Speaker 4: than what the salaries will be. So again to your point, 1243 01:01:45,160 --> 01:01:47,800 Speaker 4: your earlier point, there is a brighter future here where 1244 01:01:47,800 --> 01:01:50,720 Speaker 4: things could be great. We saw, you know, Armando Baycot 1245 01:01:50,760 --> 01:01:52,600 Speaker 4: stay in college five years because he could have been 1246 01:01:52,640 --> 01:01:54,280 Speaker 4: a two way player, but he kept coming back to 1247 01:01:54,280 --> 01:01:57,040 Speaker 4: North Carolina. We've seen this with a few guys who 1248 01:01:57,040 --> 01:01:58,880 Speaker 4: have stayed in college longer because that that money is 1249 01:01:58,920 --> 01:02:02,080 Speaker 4: good and they can stay and developed. That's great. They're 1250 01:02:02,120 --> 01:02:04,360 Speaker 4: gonna be got more guys graduating. There's going to be 1251 01:02:05,600 --> 01:02:06,680 Speaker 4: there's so much upside. 1252 01:02:07,160 --> 01:02:10,200 Speaker 2: I mean, honestly, like even the Kofe Coburn story is 1253 01:02:10,200 --> 01:02:13,560 Speaker 2: a terrible story for him, but it's a great story 1254 01:02:13,600 --> 01:02:16,880 Speaker 2: for other big guys. Right, Like he leaves Illinois, could 1255 01:02:16,920 --> 01:02:20,200 Speaker 2: have played one more year, doesn't play for a year 1256 01:02:20,280 --> 01:02:22,800 Speaker 2: because he thought, you know whatever, he was making an 1257 01:02:22,800 --> 01:02:24,920 Speaker 2: Illinois like that's what he should be playing for, and 1258 01:02:24,960 --> 01:02:27,479 Speaker 2: that's like not the reality. And now I think he's playing. 1259 01:02:27,520 --> 01:02:29,760 Speaker 2: I think he went and played the Philippines whatever. But 1260 01:02:29,920 --> 01:02:32,000 Speaker 2: it's more. And you know, you hate it for Kobe, 1261 01:02:32,000 --> 01:02:33,640 Speaker 2: but you like it for the best, Like, hey, dude, 1262 01:02:33,760 --> 01:02:36,400 Speaker 2: you could stay here and have and have a hell 1263 01:02:36,440 --> 01:02:40,160 Speaker 2: of a have a five year run where you're valued 1264 01:02:40,360 --> 01:02:42,080 Speaker 2: as opposed to going out in the real in the 1265 01:02:42,120 --> 01:02:44,560 Speaker 2: pro world, where you're not nearly as valued anymore because 1266 01:02:44,560 --> 01:02:45,160 Speaker 2: of your position. 1267 01:02:45,800 --> 01:02:48,320 Speaker 4: I had this conversation this morning with the recruit and 1268 01:02:48,320 --> 01:02:50,600 Speaker 4: his mother where he has two years left and he's 1269 01:02:50,640 --> 01:02:53,680 Speaker 4: signing a one year deal for two hundred K, and 1270 01:02:53,720 --> 01:02:55,520 Speaker 4: I'm like, hey, buddy, you played well. Next year, you 1271 01:02:55,520 --> 01:02:57,400 Speaker 4: could make three hundred. He's like, oh, no, next year, 1272 01:02:57,360 --> 01:02:59,800 Speaker 4: I'm gonna go pro no matter what I said, No, 1273 01:03:00,120 --> 01:03:04,240 Speaker 4: no you're not. Because if next year you could stay 1274 01:03:04,280 --> 01:03:07,000 Speaker 4: there and get your degree and your other best option 1275 01:03:07,120 --> 01:03:09,640 Speaker 4: is going to Finland for thirty K. You're going to 1276 01:03:09,680 --> 01:03:11,520 Speaker 4: take that three hundred and you're going to get your degree. 1277 01:03:11,760 --> 01:03:14,400 Speaker 4: We're not just I know in your head you think 1278 01:03:14,400 --> 01:03:16,560 Speaker 4: that's a good idea, but it's not a good idea. 1279 01:03:16,600 --> 01:03:18,440 Speaker 4: And I think we're going to see more and more 1280 01:03:18,480 --> 01:03:22,680 Speaker 4: guys staying, staying longer, graduating now that. On the other hand, 1281 01:03:22,720 --> 01:03:27,000 Speaker 4: there's the multi transfer progress towards degree conversation of credits transferring. 1282 01:03:27,680 --> 01:03:29,880 Speaker 4: But that's I think two in the weeds for this 1283 01:03:29,960 --> 01:03:33,400 Speaker 4: audience for now. Even though every college basketball coach listens 1284 01:03:33,440 --> 01:03:36,440 Speaker 4: to this podcast, I had no idea everybody listens to 1285 01:03:36,440 --> 01:03:39,240 Speaker 4: the podcast. So hey, all my friends listening to this, 1286 01:03:39,600 --> 01:03:41,120 Speaker 4: I know you all know what I'm talking about with 1287 01:03:41,160 --> 01:03:43,800 Speaker 4: the progress towards degree issues we're dealing with right now 1288 01:03:43,800 --> 01:03:45,720 Speaker 4: with multi time transfers. But I guess we can get 1289 01:03:45,720 --> 01:03:46,440 Speaker 4: into that next time. 1290 01:03:46,840 --> 01:03:48,520 Speaker 2: Well let's say that next time, okay, because you also 1291 01:03:48,560 --> 01:03:51,760 Speaker 2: have the progress or agree you have the online online classes, 1292 01:03:51,800 --> 01:03:53,720 Speaker 2: which is an issue at some of these schools right 1293 01:03:53,760 --> 01:03:57,400 Speaker 2: they don't want to take online classes and anything else that 1294 01:03:57,480 --> 01:03:58,920 Speaker 2: comes up in this last week and a half in 1295 01:03:58,880 --> 01:04:00,600 Speaker 2: the portal, and then we'll get to you get to 1296 01:04:00,640 --> 01:04:01,200 Speaker 2: part three. 1297 01:04:01,760 --> 01:04:04,440 Speaker 4: Yeah, we never want to get into the weeds of 1298 01:04:04,480 --> 01:04:09,240 Speaker 4: the academic Yes, Black Cities. I'm not the foremost expert. 1299 01:04:09,240 --> 01:04:11,560 Speaker 4: We should bring on like Brandon Goebel or someone or 1300 01:04:11,600 --> 01:04:13,640 Speaker 4: maybe just like a college coach, because there is we. 1301 01:04:13,600 --> 01:04:14,720 Speaker 3: Can bring on Geobal. 1302 01:04:14,760 --> 01:04:16,160 Speaker 2: I think Goble has been on before. We can bring 1303 01:04:16,240 --> 01:04:18,280 Speaker 2: on Goobal. I got no issue with that. 1304 01:04:18,920 --> 01:04:21,920 Speaker 4: With Goebel's my transcript. Man, I'm like, yo, Gooble, look 1305 01:04:21,920 --> 01:04:23,240 Speaker 4: at this. This is this kid going to be able 1306 01:04:23,240 --> 01:04:25,520 Speaker 4: to transfer. He's got to stay put. He's a wizard 1307 01:04:25,520 --> 01:04:26,760 Speaker 4: with it. I don't know how he does it. 1308 01:04:28,840 --> 01:04:30,520 Speaker 2: All right, brother, I appreciate you joining me. Now you 1309 01:04:30,520 --> 01:04:32,360 Speaker 2: get both phone calls to make. Thanks for being my guest. 1310 01:04:32,560 --> 01:04:34,040 Speaker 4: All right, thanks so much for having me again. 1311 01:04:36,360 --> 01:04:39,200 Speaker 2: All mine. Thanks to Dan Paraman. What a talented guy 1312 01:04:39,200 --> 01:04:42,520 Speaker 2: with a great presence and way of presenting all his answers. 1313 01:04:42,840 --> 01:04:45,520 Speaker 2: Truly appreciate his time. My thanks to you as well 1314 01:04:45,560 --> 01:04:47,480 Speaker 2: for listening. Reminder, if you want to listen to the 1315 01:04:47,520 --> 01:04:50,000 Speaker 2: Doug Gotlib Show, do so daily three to five Eastern 1316 01:04:50,840 --> 01:04:53,400 Speaker 2: twelve to two Pacific, or listen. We have an hour 1317 01:04:53,520 --> 01:04:57,680 Speaker 2: pod that is unfiltered, unedited and it's really cool. It's 1318 01:04:57,680 --> 01:04:59,480 Speaker 2: called in the Bonus check it all out. Where we 1319 01:04:59,520 --> 01:05:01,280 Speaker 2: download this find, you can download that one as well. 1320 01:05:01,360 --> 01:05:02,080 Speaker 2: I'm Doug, gotta leave. 1321 01:05:02,120 --> 01:05:02,680 Speaker 4: This is all ball 1322 01:05:20,000 --> 01:05:20,040 Speaker 2: H