WEBVTT - Stephen A. Smith on The Evolution of College Sports, NIL, and Coaching Headaches

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<v Speaker 2>to you by P and C Bank, a lot of

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<v Speaker 3>Business Show where we like sports, So I want to

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<v Speaker 3>start with a question that's related to both sports and business, true,

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<v Speaker 3>and I want to talk about college sports and what's

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<v Speaker 3>happening with college sports. It looks like it's new pro league,

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<v Speaker 3>right when you look at the transfer portal, that's very

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<v Speaker 3>It looks like free agency, which you don't even have

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<v Speaker 3>a con You could just leave it any point in time, right, right.

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<v Speaker 3>But then I also want to talk about nil collectives.

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<v Speaker 3>So they're saying John Caliparry is going to start with

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<v Speaker 3>at least five million dollars, and a lot of people

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<v Speaker 3>aren't really familiar with the NIO collective. They heard about

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<v Speaker 3>nil deals, but it's like the NIO Collective, a bunch

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<v Speaker 3>of essentially correct me if from all, like a bunch

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<v Speaker 3>of wealthy boosters can just come together and just pull

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<v Speaker 3>up a pool of money and just you know, give kids.

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<v Speaker 3>It's like a way to pay players under the gaze

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<v Speaker 3>of nil and not it be illegal. Right, So so

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<v Speaker 3>much has changed over the last eighteen months, So what's

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<v Speaker 3>your thoughts on those two things?

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<v Speaker 1>Specifically? Doesn't bother me at all.

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<v Speaker 4>And the more headaches it causes for the NCUBA, the

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<v Speaker 4>more headaches it calls for particular programs, the better I feel.

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<v Speaker 4>You've spent decades exploiting these athletes under the cloak of amateurism,

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<v Speaker 4>and I would have respected it more if it were

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<v Speaker 4>applicable to you as well, if you were a coach,

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<v Speaker 4>if you were an administration and you didn't benefit offered

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<v Speaker 4>the exploits of the athletes, then I'm down for it.

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<v Speaker 4>But that's not what has happened. We've had coaches having

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<v Speaker 4>a myriad of ways to generate revenue for themselves, clinics, coaching,

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<v Speaker 4>summertime salaries, they've earned speaking engagements, et cetera, et cetera.

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<v Speaker 4>We've seen the athletes perform, and we've seen the money

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<v Speaker 4>come back to the universities.

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<v Speaker 1>And what do they do?

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<v Speaker 4>They funnel it throughout the universities. The administrators get a

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<v Speaker 4>little bit more, the chancellors, the provosts, the presidents, they

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<v Speaker 4>get a little bit more. Different other programs within the

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<v Speaker 4>school that are non revenue generating sports, they benefit from it.

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<v Speaker 4>But the very athlete who went out there and perform

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<v Speaker 4>and generate this level of interest is somebody that you

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<v Speaker 4>couldn't find it within yourself to ensure that you would.

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<v Speaker 4>You would, they would be compensated in some capacity. And

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<v Speaker 4>the reason why it resonates with me so profoundly is because,

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<v Speaker 4>you know, I remember when Chris Webber Fab five Michigan

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<v Speaker 4>and those guys were complaining about stuff and whatever, and

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<v Speaker 4>you have these folks on the having you know, under

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<v Speaker 4>the mentality, you know you're getting a scholarship. You getting

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<v Speaker 4>a scholarship, You should be happy, but they were never happy.

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<v Speaker 4>And how much of a stickler you were if folks

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<v Speaker 4>got flights home. In Chris Webber's case, you going into

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<v Speaker 4>a bookstore and you seeing a uniform a jersey with

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<v Speaker 4>your name on it, but if the store gave it

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<v Speaker 4>to you for free as a violation, you know, stuff

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<v Speaker 4>like that. You know that you're getting a vast majority

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<v Speaker 4>of these high profile athletes from desolate environments and backgrounds,

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<v Speaker 4>and you're telling them they can't fly home for the holidays,

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<v Speaker 4>they can't get a car, they can't you know, you

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<v Speaker 4>couldn't even rent them a car.

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<v Speaker 1>Whatever.

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<v Speaker 4>It might have been a violation. So those kind of things,

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<v Speaker 4>you would think they would have had the decency to

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<v Speaker 4>be a bit lax and to understand with all the

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<v Speaker 4>money that these athletes were generating that, you know what,

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<v Speaker 4>you could turn a blond out of certain things. All right,

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<v Speaker 4>If the guy wanted to go home for the holidays,

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<v Speaker 4>let him go. If somebody wants to come, if the

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<v Speaker 4>parents want to be flown in for you know, to

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<v Speaker 4>be with him for Christmas because he can't you know,

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<v Speaker 4>he can't go home and see him.

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<v Speaker 1>All right, we could turn the blinder. You didn't do

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<v Speaker 1>any of that.

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<v Speaker 4>You kept you would dog it in restricting what the

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<v Speaker 4>athletes can get.

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<v Speaker 1>So now that's not the case.

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<v Speaker 4>You know, you read what yourself and the headaches that

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<v Speaker 4>come with it, the coaches that can't take it. Cal

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<v Speaker 4>no doubt is leaving Kentucky in part because of that.

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<v Speaker 4>Nick Saban, no doubt retired because of.

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<v Speaker 1>That, because of that, because of what.

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<v Speaker 4>An IL transfer, a portal of the combination of it all,

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<v Speaker 4>and what kind of case it's caused, because it's relinquished

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<v Speaker 4>the degree of control from them. Nick Saban told me

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<v Speaker 4>that personally, we could he was before he retired. He

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<v Speaker 4>was complaining about what a headache it was. You're talking

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<v Speaker 4>about agents that are treating He felt like they were

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<v Speaker 4>damnar in bezzling you know, money, you know from universities

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<v Speaker 4>and stuff. You know what they were doing. Those were

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<v Speaker 4>his That was his terminology. He was completely turned off

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<v Speaker 4>and utterly disgusted as to how things had transformed and

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<v Speaker 4>how it changed. And I didn't blame him. I didn't

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<v Speaker 4>think he was wrong. I was just saying the NCAA

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<v Speaker 4>brought it on themselves because of how they were. So

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<v Speaker 4>if these athletes find a way now to get paid,

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<v Speaker 4>more power to him.

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<v Speaker 1>More power to him.

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<v Speaker 2>It's interesting because I was kind of thinking that it's

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<v Speaker 2>like that transition of the old model, because even for

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<v Speaker 2>Cal his model was the one and done. So to

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<v Speaker 2>see the one that done not work Now, I'm like, well,

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<v Speaker 2>what was really changed? And if you're going from a

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<v Speaker 2>place like Kentucky with his a boatload of boosters right

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<v Speaker 2>endless money right and going to and that's CC school

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<v Speaker 2>like Arkansas where there are boosters but.

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<v Speaker 1>They got some money now, but they have football.

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<v Speaker 2>You know what I'm saying that they have the football component.

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<v Speaker 2>But Kentucky's been playing well over the past couple of years.

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<v Speaker 2>That change is happening with the coaches, you said, Saban,

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<v Speaker 2>I've thought about guys like Roy Williams and like these

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<v Speaker 2>older guys who had came in with a system both

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<v Speaker 2>in college and foot I mean college basketball and football,

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<v Speaker 2>to where you see new guys coach prime exceeding at

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<v Speaker 2>this because he's able to adjust and get back to

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<v Speaker 2>even like a Dan Hurley now, who's just just one.

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<v Speaker 2>It's more about the players and figured out. It's transfer portal,

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<v Speaker 2>it's nil, it's all these things.

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<v Speaker 4>Well, the first first thing we're gonna do as we

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<v Speaker 4>sit down here right now, is we're gonna define what

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<v Speaker 4>your definition and success is. Okay, because let me tell

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<v Speaker 4>you something, cal ain't been successful.

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<v Speaker 1>Not in recent memory. You got four over the last

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<v Speaker 1>four years. I'm a Kentucky right well.

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<v Speaker 4>Success and I'm telling you they've been bounced out in

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<v Speaker 4>the first round twice. Oakland fourteen ced, Yes, what's to

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<v Speaker 4>Saint Peter's the fifteen seed and then didn't and then

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<v Speaker 4>went to the second round loss. Hasn't been to the

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<v Speaker 4>sweet sixteen and four years didn't make the NCAA tournament. Okay,

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<v Speaker 4>So you're at Kentucky, which is blue blood? Okay, we

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<v Speaker 4>know what huh.

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<v Speaker 1>Can we throw away that turn?

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<v Speaker 5>No?

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<v Speaker 2>Who Who's is you COmON?

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<v Speaker 1>Blue blood? Yes? What is so defined? Blue blood?

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<v Speaker 4>Lengthy period of time in which your dominant shines, where

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<v Speaker 4>you're relevant. You're a big time program. You know, you're

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<v Speaker 4>constantly in the mix for national titles. The level of

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<v Speaker 4>notoriety you gain is different from what the average school gets.

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<v Speaker 4>Like for example, Villanova's won a couple of national championships.

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<v Speaker 4>We want to talk about Villanova in that regard. Georgetown

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<v Speaker 4>won back in the day. We want to talk about

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<v Speaker 4>them in that regard. North Carolina has been relevant since

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<v Speaker 4>the sixties seventies. Duke has been relevant since new Krzyzewski

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<v Speaker 4>arribbed in the eighties. Bill self had Kansas relevant since

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<v Speaker 4>the eighties. Kentucky with Patino ad of Rope obviously before him,

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<v Speaker 4>but then Patino Tubby Smith. Now you got Colli Party

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<v Speaker 4>in twenty twelve, he wins a national title. Those are

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<v Speaker 4>the kind of that that when you're talking about blue Blood,

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<v Speaker 4>you're talking about programs essentially that could recruit itself. You

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<v Speaker 4>mentioned that program and everybody you know, you you come

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<v Speaker 4>knocking on somebody's door, They're gonna open that door and

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<v Speaker 4>listen to what you have to say. A lot of

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<v Speaker 4>schools heard, No, not those programs. That's all I mean by.

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<v Speaker 2>That, right, So, like A, UCLA was sitting there even

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<v Speaker 2>though they haven't won since ny.

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<v Speaker 1>You CLA hasn't won since ninety five. CA's won.

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<v Speaker 4>UCLA hasn't won since nineteen ninety five. You consider them

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<v Speaker 4>that out West because of John Wooden.

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<v Speaker 1>What they've done and what in.

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<v Speaker 4>Bill Walton, Kareem abdujaball those kinds of things, the know,

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<v Speaker 4>Bannon's and all of those guys in nineteen ninety five

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<v Speaker 4>Westbrook well fourteens, Okay, because you look at it from

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<v Speaker 4>that standpoint, You'll look at it from there. But that's

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<v Speaker 4>what I'm talking about. Kentucky's in that line and so,

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<v Speaker 4>and not only that. Part of it is not worrying

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<v Speaker 4>about the finances because your alumni base and the money

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<v Speaker 4>that's funneled into the program is not something that you

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<v Speaker 4>have to concern yourself with because the school's all always

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<v Speaker 4>be people to take care of those folks. That's Kentucky, Duke,

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<v Speaker 4>North Carolina, u CLA, Kansas.

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<v Speaker 1>And now you come.

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<v Speaker 2>From a financial standpoint, even from.

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<v Speaker 1>A financial absolutely because the absolutely.

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<v Speaker 2>I'm asking from a finance standpoint only because we know

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<v Speaker 2>that football brings a majority of the money for these schools.

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<v Speaker 2>Duke is an exception in a sense, you're talking about

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<v Speaker 2>the school.

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<v Speaker 1>I'm talking about the program. Okay, gotcha. Got You're talking

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<v Speaker 1>about the program. Gotcha. Yukon's program basketball could give it.

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<v Speaker 1>Their facilities are better than Kentucky's.

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<v Speaker 2>Men and women's.

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<v Speaker 5>An illegal alien from Guatemala charged with raping a child

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