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.
Carlo and Baker discuss the election results across the country, including a Republican comeback in Virginia -- and possibly NJ -- plus the CDC gives the go-ahead for child vaccinations, Atlanta wins the World Series and more.
'THEMAGIC5' produces swimming goggles that contour the face using advanced robot technologies and 3D printing. Both of the company's founders Bo Haaber and Rasmus Barfred went on ABC's 'Shark Tank' and caught a $1 million deal. The duo join Cheddar News to talk about what the new funding means for the company.
Eli and Peyton Manning's "Monday Night Football" telecast on ESPN2 has quickly gained attraction and has now become one of the most talked-about popular sportscasts this season. The show has now become a huge success. Sports Agent Anthony Tall joined Cheddar to discuss more.
Carlo and Baker cover the big races to watch on this off-cycle Election Day, the concrete pledges starting to come out of COP26, Jeffrey Epstein keeps causing CEOs to lose their jobs, and Ryan Murphy's TV hit that wasn't.
Sportradar, a global sports data company, announced it will serve as UEFA’s exclusive authorized collector and distributor of data for betting purposes. The agreement covers 1,550 matches from the 2021-2022 season through to the end of the 2023-2024 season across all UEFA properties in Europe. Sportradar CEO Carsten Koerl joined Cheddar to provide additional details on the landmark partnership and some insight into the future of sports betting.
Carlo's flying solo today, talking COP26 and climate change, another racially charged trial gets underway, SCOTUS takes on abortion and a stunning rise in traffic deaths points to a bigger societal breakdown sparked by the pandemic.
Florida Panthers head coach Joel Quenneville has resigned from his position after former player Kyle Beach's claims of sexual assault by Chicago Blackhawks team videographer, Brad Aldrich, went unchecked in 2010. Quenneville, then head coach of Chicago, initially told reporters he became aware of the incident this past summer but was reportedly made aware shortly after it happened.
Carlo and Baker cover Facebook's big rebrand, the latest on Biden's economic agenda and more. Plus, ranking the best Halloween candy and the worst couple's costumes.
Michael Jenkins, host of 'The Daily Tip,' gives his pick for Thursday night's Packers-Cardinals duel, while VSiN sports betting reporter Josh Appelbaum breaks down the other top NFL games this weekend, and Bookies.com sports betting expert Dan Kilbridge says to back the Spartans in a pivotal Big Ten battle on Saturday.
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New controversy emerges in the MLB surrounding comments from commissioner Rob Manfred. While speaking to reporters before game one of the World Series, Manfred shrugged off questions about the Houston Astros' sign-stealing scandal, and also offered support for the Atlanta Braves to keep its name, which the National Congress of American Indians has already condemned. Forbes SportsMoney senior contributor Maurey Brown joins Cheddar News' Closing Bell to discuss this and other storylines in the MLB.
