1 00:00:01,240 --> 00:00:02,000 Speaker 1: Earners. What's up. 2 00:00:02,080 --> 00:00:04,560 Speaker 2: You ever walk into a small business and everything just 3 00:00:04,720 --> 00:00:07,880 Speaker 2: works like The checkout is fast, the receipts are digital, 4 00:00:08,400 --> 00:00:11,399 Speaker 2: tipping is a breeze, and you're out the door before 5 00:00:11,400 --> 00:00:15,560 Speaker 2: the line even builds. Odds are they're using Square. We 6 00:00:15,720 --> 00:00:18,280 Speaker 2: love supporting businesses that run on Square because it just 7 00:00:18,280 --> 00:00:21,520 Speaker 2: feels seamless. 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P and C Bank National Association 32 00:01:48,880 --> 00:01:49,840 Speaker 2: Member FDIC. 33 00:01:51,680 --> 00:01:54,320 Speaker 3: Business Show where we like sports, So I want to 34 00:01:54,360 --> 00:01:57,600 Speaker 3: start with a question that's related to both sports and business, true, 35 00:01:57,920 --> 00:02:02,080 Speaker 3: and I want to talk about college sports and what's 36 00:02:02,120 --> 00:02:05,240 Speaker 3: happening with college sports. It looks like it's new pro league, 37 00:02:05,280 --> 00:02:07,960 Speaker 3: right when you look at the transfer portal, that's very 38 00:02:08,040 --> 00:02:10,120 Speaker 3: It looks like free agency, which you don't even have 39 00:02:10,120 --> 00:02:12,240 Speaker 3: a con You could just leave it any point in time, right, right. 40 00:02:12,480 --> 00:02:16,640 Speaker 3: But then I also want to talk about nil collectives. 41 00:02:17,280 --> 00:02:20,120 Speaker 3: So they're saying John Caliparry is going to start with 42 00:02:20,320 --> 00:02:23,720 Speaker 3: at least five million dollars, and a lot of people 43 00:02:23,760 --> 00:02:25,600 Speaker 3: aren't really familiar with the NIO collective. They heard about 44 00:02:25,639 --> 00:02:27,960 Speaker 3: nil deals, but it's like the NIO Collective, a bunch 45 00:02:27,960 --> 00:02:30,480 Speaker 3: of essentially correct me if from all, like a bunch 46 00:02:30,480 --> 00:02:32,840 Speaker 3: of wealthy boosters can just come together and just pull 47 00:02:32,919 --> 00:02:35,880 Speaker 3: up a pool of money and just you know, give kids. 48 00:02:35,960 --> 00:02:38,560 Speaker 3: It's like a way to pay players under the gaze 49 00:02:38,560 --> 00:02:42,600 Speaker 3: of nil and not it be illegal. Right, So so 50 00:02:42,720 --> 00:02:45,079 Speaker 3: much has changed over the last eighteen months, So what's 51 00:02:45,120 --> 00:02:46,880 Speaker 3: your thoughts on those two things? 52 00:02:46,880 --> 00:02:48,480 Speaker 1: Specifically? Doesn't bother me at all. 53 00:02:50,240 --> 00:02:53,640 Speaker 4: And the more headaches it causes for the NCUBA, the 54 00:02:53,639 --> 00:02:57,600 Speaker 4: more headaches it calls for particular programs, the better I feel. 55 00:02:59,400 --> 00:03:03,720 Speaker 4: You've spent decades exploiting these athletes under the cloak of amateurism, 56 00:03:04,840 --> 00:03:07,639 Speaker 4: and I would have respected it more if it were 57 00:03:07,639 --> 00:03:10,799 Speaker 4: applicable to you as well, if you were a coach, 58 00:03:11,240 --> 00:03:15,840 Speaker 4: if you were an administration and you didn't benefit offered 59 00:03:15,880 --> 00:03:19,480 Speaker 4: the exploits of the athletes, then I'm down for it. 60 00:03:20,120 --> 00:03:24,520 Speaker 4: But that's not what has happened. We've had coaches having 61 00:03:24,560 --> 00:03:30,280 Speaker 4: a myriad of ways to generate revenue for themselves, clinics, coaching, 62 00:03:30,440 --> 00:03:35,480 Speaker 4: summertime salaries, they've earned speaking engagements, et cetera, et cetera. 63 00:03:36,120 --> 00:03:39,520 Speaker 4: We've seen the athletes perform, and we've seen the money 64 00:03:39,560 --> 00:03:41,200 Speaker 4: come back to the universities. 65 00:03:41,240 --> 00:03:42,160 Speaker 1: And what do they do? 66 00:03:42,680 --> 00:03:45,600 Speaker 4: They funnel it throughout the universities. The administrators get a 67 00:03:45,640 --> 00:03:48,640 Speaker 4: little bit more, the chancellors, the provosts, the presidents, they 68 00:03:48,640 --> 00:03:51,960 Speaker 4: get a little bit more. Different other programs within the 69 00:03:51,960 --> 00:03:57,360 Speaker 4: school that are non revenue generating sports, they benefit from it. 70 00:03:57,440 --> 00:03:59,720 Speaker 4: But the very athlete who went out there and perform 71 00:03:59,840 --> 00:04:03,520 Speaker 4: and generate this level of interest is somebody that you 72 00:04:03,560 --> 00:04:07,360 Speaker 4: couldn't find it within yourself to ensure that you would. 73 00:04:07,480 --> 00:04:10,000 Speaker 4: You would, they would be compensated in some capacity. And 74 00:04:10,040 --> 00:04:13,160 Speaker 4: the reason why it resonates with me so profoundly is because, 75 00:04:14,280 --> 00:04:19,960 Speaker 4: you know, I remember when Chris Webber Fab five Michigan 76 00:04:20,520 --> 00:04:23,240 Speaker 4: and those guys were complaining about stuff and whatever, and 77 00:04:23,279 --> 00:04:25,800 Speaker 4: you have these folks on the having you know, under 78 00:04:25,839 --> 00:04:27,920 Speaker 4: the mentality, you know you're getting a scholarship. You getting 79 00:04:27,920 --> 00:04:30,760 Speaker 4: a scholarship, You should be happy, but they were never happy. 80 00:04:31,279 --> 00:04:35,040 Speaker 4: And how much of a stickler you were if folks 81 00:04:35,080 --> 00:04:38,720 Speaker 4: got flights home. In Chris Webber's case, you going into 82 00:04:38,760 --> 00:04:42,039 Speaker 4: a bookstore and you seeing a uniform a jersey with 83 00:04:42,160 --> 00:04:44,599 Speaker 4: your name on it, but if the store gave it 84 00:04:44,640 --> 00:04:47,520 Speaker 4: to you for free as a violation, you know, stuff 85 00:04:47,600 --> 00:04:51,560 Speaker 4: like that. You know that you're getting a vast majority 86 00:04:52,040 --> 00:04:57,320 Speaker 4: of these high profile athletes from desolate environments and backgrounds, 87 00:04:57,360 --> 00:05:00,560 Speaker 4: and you're telling them they can't fly home for the holidays, 88 00:05:00,600 --> 00:05:03,440 Speaker 4: they can't get a car, they can't you know, you 89 00:05:03,440 --> 00:05:04,680 Speaker 4: couldn't even rent them a car. 90 00:05:04,800 --> 00:05:05,040 Speaker 1: Whatever. 91 00:05:05,160 --> 00:05:08,159 Speaker 4: It might have been a violation. So those kind of things, 92 00:05:08,640 --> 00:05:10,919 Speaker 4: you would think they would have had the decency to 93 00:05:10,960 --> 00:05:13,800 Speaker 4: be a bit lax and to understand with all the 94 00:05:13,880 --> 00:05:16,599 Speaker 4: money that these athletes were generating that, you know what, 95 00:05:17,120 --> 00:05:19,480 Speaker 4: you could turn a blond out of certain things. All right, 96 00:05:19,560 --> 00:05:21,600 Speaker 4: If the guy wanted to go home for the holidays, 97 00:05:21,839 --> 00:05:24,880 Speaker 4: let him go. If somebody wants to come, if the 98 00:05:24,920 --> 00:05:27,279 Speaker 4: parents want to be flown in for you know, to 99 00:05:27,279 --> 00:05:29,599 Speaker 4: be with him for Christmas because he can't you know, 100 00:05:29,640 --> 00:05:30,880 Speaker 4: he can't go home and see him. 101 00:05:30,960 --> 00:05:33,000 Speaker 1: All right, we could turn the blinder. You didn't do 102 00:05:33,040 --> 00:05:33,440 Speaker 1: any of that. 103 00:05:34,120 --> 00:05:38,640 Speaker 4: You kept you would dog it in restricting what the 104 00:05:38,720 --> 00:05:39,560 Speaker 4: athletes can get. 105 00:05:40,000 --> 00:05:42,120 Speaker 1: So now that's not the case. 106 00:05:42,720 --> 00:05:44,800 Speaker 4: You know, you read what yourself and the headaches that 107 00:05:44,839 --> 00:05:47,360 Speaker 4: come with it, the coaches that can't take it. Cal 108 00:05:47,480 --> 00:05:50,000 Speaker 4: no doubt is leaving Kentucky in part because of that. 109 00:05:50,240 --> 00:05:52,440 Speaker 4: Nick Saban, no doubt retired because of. 110 00:05:52,360 --> 00:05:54,400 Speaker 1: That, because of that, because of what. 111 00:05:55,480 --> 00:05:58,080 Speaker 4: An IL transfer, a portal of the combination of it all, 112 00:05:58,160 --> 00:06:02,920 Speaker 4: and what kind of case it's caused, because it's relinquished 113 00:06:02,920 --> 00:06:05,240 Speaker 4: the degree of control from them. Nick Saban told me 114 00:06:05,320 --> 00:06:08,200 Speaker 4: that personally, we could he was before he retired. He 115 00:06:08,279 --> 00:06:10,960 Speaker 4: was complaining about what a headache it was. You're talking 116 00:06:10,960 --> 00:06:13,840 Speaker 4: about agents that are treating He felt like they were 117 00:06:13,880 --> 00:06:17,800 Speaker 4: damnar in bezzling you know, money, you know from universities 118 00:06:17,839 --> 00:06:19,839 Speaker 4: and stuff. You know what they were doing. Those were 119 00:06:19,839 --> 00:06:22,960 Speaker 4: his That was his terminology. He was completely turned off 120 00:06:23,000 --> 00:06:26,839 Speaker 4: and utterly disgusted as to how things had transformed and 121 00:06:26,839 --> 00:06:28,640 Speaker 4: how it changed. And I didn't blame him. I didn't 122 00:06:28,640 --> 00:06:31,920 Speaker 4: think he was wrong. I was just saying the NCAA 123 00:06:32,000 --> 00:06:34,880 Speaker 4: brought it on themselves because of how they were. So 124 00:06:34,920 --> 00:06:37,960 Speaker 4: if these athletes find a way now to get paid, 125 00:06:38,320 --> 00:06:39,360 Speaker 4: more power to him. 126 00:06:39,760 --> 00:06:40,720 Speaker 1: More power to him. 127 00:06:40,880 --> 00:06:43,000 Speaker 2: It's interesting because I was kind of thinking that it's 128 00:06:43,080 --> 00:06:46,359 Speaker 2: like that transition of the old model, because even for 129 00:06:46,440 --> 00:06:49,279 Speaker 2: Cal his model was the one and done. So to 130 00:06:49,360 --> 00:06:51,480 Speaker 2: see the one that done not work Now, I'm like, well, 131 00:06:51,520 --> 00:06:53,680 Speaker 2: what was really changed? And if you're going from a 132 00:06:53,680 --> 00:06:57,080 Speaker 2: place like Kentucky with his a boatload of boosters right 133 00:06:57,480 --> 00:07:00,599 Speaker 2: endless money right and going to and that's CC school 134 00:07:00,640 --> 00:07:02,480 Speaker 2: like Arkansas where there are boosters but. 135 00:07:02,760 --> 00:07:04,520 Speaker 1: They got some money now, but they have football. 136 00:07:05,040 --> 00:07:07,080 Speaker 2: You know what I'm saying that they have the football component. 137 00:07:07,120 --> 00:07:09,720 Speaker 2: But Kentucky's been playing well over the past couple of years. 138 00:07:10,000 --> 00:07:12,400 Speaker 2: That change is happening with the coaches, you said, Saban, 139 00:07:12,720 --> 00:07:15,000 Speaker 2: I've thought about guys like Roy Williams and like these 140 00:07:15,080 --> 00:07:18,040 Speaker 2: older guys who had came in with a system both 141 00:07:18,040 --> 00:07:20,960 Speaker 2: in college and foot I mean college basketball and football, 142 00:07:21,400 --> 00:07:24,760 Speaker 2: to where you see new guys coach prime exceeding at 143 00:07:24,760 --> 00:07:27,120 Speaker 2: this because he's able to adjust and get back to 144 00:07:27,640 --> 00:07:30,360 Speaker 2: even like a Dan Hurley now, who's just just one. 145 00:07:30,840 --> 00:07:33,400 Speaker 2: It's more about the players and figured out. It's transfer portal, 146 00:07:33,640 --> 00:07:34,920 Speaker 2: it's nil, it's all these things. 147 00:07:34,960 --> 00:07:37,200 Speaker 4: Well, the first first thing we're gonna do as we 148 00:07:37,240 --> 00:07:39,720 Speaker 4: sit down here right now, is we're gonna define what 149 00:07:39,840 --> 00:07:42,640 Speaker 4: your definition and success is. Okay, because let me tell 150 00:07:42,640 --> 00:07:45,040 Speaker 4: you something, cal ain't been successful. 151 00:07:45,280 --> 00:07:48,320 Speaker 1: Not in recent memory. You got four over the last 152 00:07:48,320 --> 00:07:51,000 Speaker 1: four years. I'm a Kentucky right well. 153 00:07:53,120 --> 00:07:55,920 Speaker 4: Success and I'm telling you they've been bounced out in 154 00:07:55,920 --> 00:08:00,240 Speaker 4: the first round twice. Oakland fourteen ced, Yes, what's to 155 00:08:00,240 --> 00:08:03,360 Speaker 4: Saint Peter's the fifteen seed and then didn't and then 156 00:08:03,440 --> 00:08:05,200 Speaker 4: went to the second round loss. Hasn't been to the 157 00:08:05,200 --> 00:08:08,080 Speaker 4: sweet sixteen and four years didn't make the NCAA tournament. Okay, 158 00:08:08,120 --> 00:08:11,000 Speaker 4: So you're at Kentucky, which is blue blood? Okay, we 159 00:08:11,080 --> 00:08:13,120 Speaker 4: know what huh. 160 00:08:12,880 --> 00:08:13,880 Speaker 1: Can we throw away that turn? 161 00:08:14,440 --> 00:08:14,480 Speaker 5: No? 162 00:08:14,920 --> 00:08:16,320 Speaker 2: Who Who's is you COmON? 163 00:08:16,320 --> 00:08:19,400 Speaker 1: Blue blood? Yes? What is so defined? Blue blood? 164 00:08:19,600 --> 00:08:23,120 Speaker 4: Lengthy period of time in which your dominant shines, where 165 00:08:23,160 --> 00:08:26,880 Speaker 4: you're relevant. You're a big time program. You know, you're 166 00:08:27,040 --> 00:08:32,040 Speaker 4: constantly in the mix for national titles. The level of 167 00:08:32,280 --> 00:08:36,160 Speaker 4: notoriety you gain is different from what the average school gets. 168 00:08:36,160 --> 00:08:38,880 Speaker 4: Like for example, Villanova's won a couple of national championships. 169 00:08:38,880 --> 00:08:41,520 Speaker 4: We want to talk about Villanova in that regard. Georgetown 170 00:08:41,600 --> 00:08:43,040 Speaker 4: won back in the day. We want to talk about 171 00:08:43,040 --> 00:08:45,920 Speaker 4: them in that regard. North Carolina has been relevant since 172 00:08:45,960 --> 00:08:49,120 Speaker 4: the sixties seventies. Duke has been relevant since new Krzyzewski 173 00:08:49,200 --> 00:08:52,280 Speaker 4: arribbed in the eighties. Bill self had Kansas relevant since 174 00:08:52,280 --> 00:08:56,839 Speaker 4: the eighties. Kentucky with Patino ad of Rope obviously before him, 175 00:08:56,840 --> 00:09:00,800 Speaker 4: but then Patino Tubby Smith. Now you got Colli Party 176 00:09:00,840 --> 00:09:03,240 Speaker 4: in twenty twelve, he wins a national title. Those are 177 00:09:03,280 --> 00:09:05,199 Speaker 4: the kind of that that when you're talking about blue Blood, 178 00:09:05,240 --> 00:09:09,720 Speaker 4: you're talking about programs essentially that could recruit itself. You 179 00:09:10,040 --> 00:09:13,360 Speaker 4: mentioned that program and everybody you know, you you come 180 00:09:13,440 --> 00:09:15,839 Speaker 4: knocking on somebody's door, They're gonna open that door and 181 00:09:15,920 --> 00:09:17,760 Speaker 4: listen to what you have to say. A lot of 182 00:09:17,760 --> 00:09:21,200 Speaker 4: schools heard, No, not those programs. That's all I mean by. 183 00:09:21,080 --> 00:09:22,800 Speaker 2: That, right, So, like A, UCLA was sitting there even 184 00:09:22,800 --> 00:09:24,120 Speaker 2: though they haven't won since ny. 185 00:09:24,040 --> 00:09:26,679 Speaker 1: You CLA hasn't won since ninety five. CA's won. 186 00:09:26,840 --> 00:09:30,240 Speaker 4: UCLA hasn't won since nineteen ninety five. You consider them 187 00:09:30,240 --> 00:09:32,439 Speaker 4: that out West because of John Wooden. 188 00:09:32,200 --> 00:09:33,640 Speaker 1: What they've done and what in. 189 00:09:33,720 --> 00:09:36,400 Speaker 4: Bill Walton, Kareem abdujaball those kinds of things, the know, 190 00:09:36,559 --> 00:09:38,800 Speaker 4: Bannon's and all of those guys in nineteen ninety five 191 00:09:38,840 --> 00:09:42,319 Speaker 4: Westbrook well fourteens, Okay, because you look at it from 192 00:09:42,320 --> 00:09:45,320 Speaker 4: that standpoint, You'll look at it from there. But that's 193 00:09:45,360 --> 00:09:47,760 Speaker 4: what I'm talking about. Kentucky's in that line and so, 194 00:09:47,920 --> 00:09:50,480 Speaker 4: and not only that. Part of it is not worrying 195 00:09:50,520 --> 00:09:54,680 Speaker 4: about the finances because your alumni base and the money 196 00:09:54,679 --> 00:09:57,120 Speaker 4: that's funneled into the program is not something that you 197 00:09:57,200 --> 00:10:00,280 Speaker 4: have to concern yourself with because the school's all always 198 00:10:00,320 --> 00:10:03,800 Speaker 4: be people to take care of those folks. That's Kentucky, Duke, 199 00:10:03,920 --> 00:10:06,040 Speaker 4: North Carolina, u CLA, Kansas. 200 00:10:06,280 --> 00:10:07,240 Speaker 1: And now you come. 201 00:10:09,000 --> 00:10:10,920 Speaker 2: From a financial standpoint, even from. 202 00:10:10,760 --> 00:10:14,080 Speaker 1: A financial absolutely because the absolutely. 203 00:10:13,800 --> 00:10:16,480 Speaker 2: I'm asking from a finance standpoint only because we know 204 00:10:16,600 --> 00:10:19,400 Speaker 2: that football brings a majority of the money for these schools. 205 00:10:20,200 --> 00:10:22,160 Speaker 2: Duke is an exception in a sense, you're talking about 206 00:10:22,160 --> 00:10:22,480 Speaker 2: the school. 207 00:10:22,480 --> 00:10:25,040 Speaker 1: I'm talking about the program. Okay, gotcha. Got You're talking 208 00:10:25,040 --> 00:10:29,480 Speaker 1: about the program. Gotcha. Yukon's program basketball could give it. 209 00:10:29,480 --> 00:10:31,560 Speaker 1: Their facilities are better than Kentucky's. 210 00:10:31,320 --> 00:10:32,120 Speaker 2: Men and women's. 211 00:10:32,200 --> 00:10:35,839 Speaker 5: An illegal alien from Guatemala charged with raping a child 212 00:10:35,880 --> 00:10:39,679 Speaker 5: in Massachusetts. An MS thirteen gang member from Al Salvador 213 00:10:39,920 --> 00:10:44,040 Speaker 5: accused of murdering a Texas man of Venezuelan charged with 214 00:10:44,120 --> 00:10:48,000 Speaker 5: filming and selling child pornography in Michigan. These are just 215 00:10:48,120 --> 00:10:51,880 Speaker 5: some of the heinous migrant criminals caught because of President 216 00:10:51,920 --> 00:10:55,440 Speaker 5: Donald J. Trump's leadership. I'm Christine Noman, the United States 217 00:10:55,520 --> 00:11:00,319 Speaker 5: Secretary of Homeland Security. 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