A report by Yahoo revealed that an FBI probe into NCAA corruption identifies possible violations by basketball powerhouse schools including Kentucky, UNC, Kansas, Duke, Texas, and more than 15 others. Sports Attorney Jason Belzer, President at Game, broke down the implications of the allegations.
Several top NBA prospects and recently drafted players were linked to impermissible benefits, such as cash advances and entertainment and travel expenses. Names listed include Duke's Wendell Carter Jr., Michigan State's Miles Bridges, and Alabama's Collin Sexton. Belzer isn't surprised by the allegations. He believes that until players get a share of the revenue that the schools get, these transactions will continue to be a part of recruitment.
The average compensation for a college basketball or football player is around $250,000-$300,000, including items such as tuition and room and board, according to Belzer. The top players generate an estimated $3 million to $5 million for their schools, he added. Belzer said a compensation structure that could fix the problem would be one that allows players to accept certain amounts of compensation. The easiest way, he said, would be to put money into a trust fund for the athletes.
Heather Smith, Founder and Chief Strategist at theHAUTEbar, discusses how the ski and resort industry is bouncing back after the pandemic; Mark Ellwood, Host of "Travel Genius" Podcast, breaks down the best travel destinations for winter sports before the 2022 Winter Olympics kick off; Cheddar gets a look at Curiosity Stream's 'Jeremy Jones' Higher.'
Joan Greve, a politics reporter at The Guardian US, joined Wake Up With Cheddar to break down the implications of the Biden administration announcing a diplomatic boycott of the 2022 Beijing games in response to allegations of human rights abuses against Uyghur Muslims. She noted the significance of the move, assessing the already frayed relationship between the U.S. and China. "The Chinese have said that a boycott would be politically manipulative, and now they are actually threatening countermeasures," she said. "And that will certainly have an impact on the spirit of the games at the very least."
The U.S. announced it will not send any official representation to the upcoming Beijing winter Olympics. Cheddar's Hena Doba speaks with East Asia expert Michael Swaine about the reasons behind the diplomatic move.
Carlo and Baker discuss the sweeping new vaccine mandate in NYC that will target all private businesses. Plus, Trump's media venture gets its CEO and more.
A lockout is now in place for Major League Baseball. The collective bargaining agreement between the league and players association expired at 11:59 p.m. Wednesday night.
MLB commissioner Rob Manfred said both sides were unable to negotiate a new contract by that time, so the league locked out the players on Thursday at 12:01 a.m. The lockout also means trades and free agency deals have to stop for now. Dodgers Nation lead editor Clint Pasillas joined Cheddar News' Closing Bell to discuss.
'Bing Bong!' has become a rallying cry for Knicks fans and New Yorkers. Cheddar's None Of The Above dives into the origin of the sound in this edition of Tik Talk.
A Business Insider study is revealing MLB used two different balls throughout the 2021 season without alerting teams or players of that fact. One was roughly two to three grams lighter than the other. While that doesn't sound like a lot, if you ask the players, the difference was obvious. Bradford Davis, an investigative reporter at Insider, joins Cheddar News to discuss more.
The Tampa Bay Buccaneers have moved to suspend wide receiver Antonio Brown, along with two other players, who lied about their COVID-19 vaccination status. The three-day suspensions come just days after a former live-in chef accused the NFL star of submitting a fake vaccine card and the league fined Green Bay Packers quarterback Aaron Rodgers for a similar offense. Anthony Tall, sports agent and president of Miracle Sports Agency, joined Cheddar's "Closing Bell" to talk about the fallout from Brown's suspension and whether or not it was warranted.
It's Friday at long last. Jill and Carlo cover the latest on Omicron, including a possible superspreader event in NYC. Plus, previewing the November jobs report, a new Zoom feature no one asked for, and when it's no longer a good idea to eat Thanksgiving leftovers.
