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Matt Jones
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Ryan Lemond
Nmlsconsumeraccess.Org welcome to hour two of Kentucky Sports Radio presented by Stockton Mortgage. Now here's Matt Jones.
Shannon The Dude
Welcome back. Hour number two, Kentucky Sports Radio, 859-280-2287 text machine is 772-774-5254 at KY Sports Radio. Text machine kind of filling up a little bit today. One person writes Matt, I watch college baseball all weekend with was really excited to see Tennessee lose. Yes, Tennessee losing was awesome. Louisville winning less awesome. We'll talk about Murray here in just a little bit because I'm getting behind that tonight. But it's glad to see Tennessee lose. Louisville makes the College World Series after missing the tournament the last two years. That makes their fans being annoying, but otherwise it was a good week. Only one series left. Seven different conferences have a chance to be represented in the College World Series. So people said Ryan parody was over in college sports maybe not in baseball. That may be the sport where parody still exists.
Matt Jones
Yeah, the SEC kind of dominates the rankings and everybody the power conference but they we saw teams just kind of drop out little by little in the sec. So little, little schools.
Shannon The Dude
SEC didn't have a great they didn't have a great run. Only. Only two of the 13 teams that made the tournament made the College World Series. Only four even made the Sweet 16. Okay, we got somebody on. I'm gonna take this call before I do the house thing. Who's up first?
Ryan Lemond
Let's go to Dennis.
Shannon The Dude
Dennis, Go ahead, Dennis.
Caller
All right, real quick here. I as in politics. I'm glad California does speak to me and as a UK football fan, I'm glad Somerset doesn't speak for me. Football is the king.
Shannon The Dude
Why'd you have to throw, why do you have to throw in the political thing? Shannon there for you like he, everybody's like, Matt, stay out of politics. And then he breaks in the political thing. But I'm sure after the news last night. I understand, but go ahead with your Somerset point.
Caller
But anyway, I'm glad some of the people in Somerset don't speak for me. As a UK football fan, I agree with SEC bulk. The money belongs to football. It's the one that brings in the money, the TV revenue. Football is king. Whether UK fans like that or not, football is king. And as a UK football fan, if I ever, if I ever see where the university is not putting his. It's not putting in the money as, as the rest of the SEC is, is wanting to do. If they're not, if they're not equaling the rest of the teams and they're putting more money into basketball. As a season ticket holder since 98, I will give up my football tickets because I'm not going.
Shannon The Dude
Well, I appreciate you making it. Appreciate you where they don't commit. I understand. Appreciate you making that point. And I was shocked by the reaction in Somerset. I really was. I mean I. The fact that we had one person in the entire crowd, right, say they wanted to spend equal football money to the rest of the SEC and the other people either said we want to give a little bit more money to basketball than the other schools or we want to just go all in on basketball. Appreciate the call, Dennis. I don't know, like Ryan, I was shocked by that, to be honest with you. But it was the whole crowd. There were 100 people there, 125 people, and that's what they came up with.
Matt Jones
I also was very shocked. I think the numbers may have been a little different if they 5 years ago coming off a 10 win season, but coming off the last couple of years, I think people are kind of a little down on Kentucky football and that's why they'd rather it spend it on basketball. Where we're going up, it was 1.
Ryan Lemond
1% in Somerset and I'm going to go ahead and assume it's 1% for people listening because we've only had one caller opposing what I said and we've got thousands upon thousands of listeners, so that would be less than 1%.
Shannon The Dude
Well, I think there's probably more than one. The others may not have called, but, but I don't think It's. I was shocked by the percentages. All right, One person writes on the text machine. Matt. I tried to read stuff, but I get bored. Can you explain the nil House settlement for me? Like, I'm a five year old. Isn't that the. Isn't that what they say in the office? Is that right? Where he says, explain it to me like, I'm a 5 year old? All right? So I'm gonna do this the easiest way possible and the quickest way possible. Here's what happened Friday night. A swimmer whose last name is House, it's not the House of Representatives. They say the House settlements because this dude's last name happened to be House. He sued the NCAA and said, look, I played sports for a long time. You made money off me. We need to get money. And the settlement was basically settling the last 10 years of athletes in college sports, saying, we owe you collectively this much money. The group representing the athletes, representing the students and the NCAA settled. They settled for $2.8 billion. Ryan, that's a lot of money. 2.8 billion. Don't you. Why'd they only do 10 years? Because in the law, there's a statute of limitations that says if you don't sue within 10 years, at least in the state where they filed this, which was California, the statute of limitation was 10 years. So that's why athletes before 2015 don't get anything. So for people who played before 2015, Shannon, they should have sued earlier. Yeah, that was the problem. So that's why it's up. People ask, why is it only 2015? It's because of statute of limitations. So they create this system that basically says, here's how we're going to pay everybody from the last 10 years. And it was $2.8 billion, and you had to file a claim. I remember. I remember when Max did it, like. And you can get very. Various people get various amounts of money. Some of you all listening, who played sports from 2015 to 2025? You may have gotten money or going to get money out of it. But then as part of the settlement, they were trying to decide the rules that are going to police college sports going forward. And the court, the judge said, look, because athletes are not employees, I have no way to know what athletes want. So, hey, these athletes from the last 10 years, y' all are going to represent what athletes want in the future. The judge was very clear. This isn't perfect, but this is the best we can do, because athletes are not employees under American law yet. So they did it. And they created a system that basically says to avoid lawsuits in the future. $20.5 million in 2025 all the way through. And it raises to like $33 million in 2035. You will share this money with the athletes if you want. If you don't want to, then the athletes can individually bring claims against you. And, Ryan, you can assume that very few schools want that. Right?
Matt Jones
Right.
Shannon The Dude
Very few schools want to leave the option. They can get sued. So virtually all the major schools are going to opt into this because they don't want to get sued. Right. The now, by the way, they're going to get sued anyway. And we'll talk about that in a minute. But all these major universities have agreed, and it says they can spend up to $20.5 million, but they don't have to. They can choose to spend less, but they have the option to spend $20.5 million. The reporting suggests that every SEC school is going to spend that amount of money. Now, there are no limits in the settlement as to how much you can spend. You could spend all $20.5 million on baseball if you wanted to. You could spend $1 million on each point. Every school gets to decide themselves. Some people have asked, what about Title nine? Do you have to spend the same on men's sports and women's sports? It's not clear, but it's looking like the answer to that is going to be no. Under the law, you have to spend. You have to give women equal opportunity, but not equal results. And over time, the courts have interpreted, if you give women equal scholarship money, that's opportunity. You don't have to give them equal results. Whether that'll always be the law, who knows? But that's the law now. So that's why you don't have to spend the same amount of money on men's sports as women's sports. Football can get the most because they bring in the most revenue now. So that's where the $20.5 million comes from. Now, the NCAA has voluntarily and all of its schools have voluntarily said, we're going to abide by these rules. 20.5 million. So what keeps a school from spending more? Well, the NCAA has hired a private accounting firm. Ryan, are you following me so far? Is this making sense?
Matt Jones
I'm doing a good job kind of hanging in there.
Shannon The Dude
A private accounting firm to determine that any money over the $20.5 million that's given, you have to do work for it. So, Shannon, if I sign you to a deal for $500,000. You're going to have to prove to this accounting firm you did $500,000 worth of work for me.
Ryan Lemond
Got it?
Shannon The Dude
Now, that doesn't mean work like you went and worked on a road. It can be a commercial. But the accounting firm is going to say, is the work Shannon did, Did the work Shannon do, was it worth the money you gave him? You can't overpay him just to give him money.
Ryan Lemond
Is that where the fair market value comes in?
Shannon The Dude
That's the fair market value, yes. So they're going to determine, you give Ortega away $500,000. Was it worth 500,000 what he did for you? Now, how do they come up with that? Great question, but that's what accounting firms do. They look and see what everybody else is getting paid. They look and see what celebrities in other worlds get paid, and they determine, Ryan, is that equivalent. That's going to be a huge decision. Like, how much is an OTEGA away commercial worth? What do you think, Ryan? How much do you think it's worth a company to run a commercial with Ortega away in it?
Matt Jones
Well, in the Lexington market, that was going to be a lot different than in the Chicago, Louisiana, New York market. You know, you probably do.
Shannon The Dude
Who knows? But these accounting firms, that's their job to figure out. And the NCAA has said whatever the accounting firm says goes, okay, so that's the system. Now, could somebody sue and challenge the system? I think the answer to that is yes. So how do you make sure that system holds up? This is where they're going to Congress, and specifically they're going to Ted Cruz and Cory Booker. They're the ones running this and saying, hey, Ted Cruz and Cory Booker, this case representative of athletes, agreed to it. The NCAA agreed to it. Make this case law. Make this case law, and then we can govern college sports for the next 10 years or for the next 20 years, next however many years. And that's where it is. They are now going to Congress and saying, please make this law. Now, the problem is, as if you follow the news, Congress is fighting about a lot of other stuff. Now, will they make this a priority? Who knows? In order for it to pass, it's going to have to have Democratic votes, too, because you have to get 60 votes in the Senate, which is why the Democrats and Republicans have to work together. But the future of college sports is in the hands of Cory Booker and Ted Cruz because they're the ones taking the lead on it. And the NCAA is hoping that they will make law what this court just did on Friday night. And that's where we are right now. This will be the rules for at least the next couple years. Somebody's going to challenge them. And it's up to Congress now, Ryan, to make law what that judge approved on Friday night. And we'll see if they do.
Matt Jones
It's definitely like the biggest change in college athletics in our lifetime. I mean, this is without.
Shannon The Dude
It's the biggest change since integration. That's what I say.
Matt Jones
Yeah.
Shannon The Dude
The biggest change since college sports got integrated. I think this is the biggest change since then.
Matt Jones
It just seems like when you, you hear, you explain it, it's going to be hard for this accounting firm to police what is acceptable and what's not acceptable.
Ryan Lemond
What somebody's willing to pay, you know your worth.
Shannon The Dude
Yes. But they're going to have to say, okay, here's how they're. Because the judge asked these questions and what the accounting firm said is, we're going to look around and see, are you given what everybody else would give? So oddly, they're trying to make it, Ryan, to where if Kentucky gives it, then the guy might make a similar amount of money in Tennessee, Ohio, et cetera. So the goal is almost to make it to where all the schools can kind of give the same amount of money and we'll see what it is. Now, is that gonna work? I don't know. But the accounting firm convinced the judge that they could create standards that would be consistent. And, Ryan, we're gonna have to wait and see.
Matt Jones
Who is this accounting firm? They've been given a lot of power. It seems like now the accounting firm.
Shannon The Dude
Has a ton of power. It's called Deloitte. I don't know anybody that works at Deloitte. Actually, I do know one person that works at Deloitte, but I don't know many. But they will be the one. Apparently they have taken a set of their employees. Think about this, Shannon. They have like a set of like a hundred employees that their whole job will be to review these cases. So Deloitte has become extremely powerful and I don't see power.
Ryan Lemond
I sense a future guest on the Matt Jones podcast.
Shannon The Dude
I don't know if they can talk about it, but what we need is a Kentucky fan working at Deloitte.
Matt Jones
Yes.
Ryan Lemond
Grief. Yeah.
Shannon The Dude
Deloitte has become the most important, most important accounting firm in America. If you like college sports. So that's where it is. If you have questions, I'm glad to answer them. But that is the five year old, big picture version of what happened on Friday night. I think the three most important things in college sports have ever happened was integration, title nine, and now this.
Matt Jones
No doubt.
Shannon The Dude
And. And this will Govern the next 20 years. But Deloitte and Ted Cruz and Cory Booker are kind of the most important parts of this. The NCAA has voluntarily given up a lot of power.
Caller
Ryan.
Shannon The Dude
You know, we used to always complain about the ncaa. They've given up a ton of power. It is now Deloitte, Congress. That's where we are. We'll see.
Matt Jones
The NCAA would give up that power.
Shannon The Dude
Because for years they didn't have a choice. They really didn't have a choice because they've been doing something that's basically illegal.
Matt Jones
True.
Shannon The Dude
For 100 years. So they really didn't have a choice. Tell me about Stockton Mortgage.
Matt Jones
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Shannon The Dude
We got to find a Kentucky fan that works at Deloitte.
Matt Jones
Amen.
Shannon The Dude
Sneak in, Shannon. Right. Tell them to approve all the Kentucky ones and disapprove all the Tennessee ones.
Ryan Lemond
Yeah. Then you'd have a whole scandal on your hands.
Shannon The Dude
Good. That's what we need.
Ryan Lemond
We don't need a scandal.
Shannon The Dude
We need it. We'll take a break. Be right back.
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Shannon The Dude
Days credits and balance due if you pay off early or cancel CT mobile.com Welcome back. It is Kentucky Sports Radio, 859-280-2287. There's a Deloitte office, Ryan, in Louisville and Cincinnati.
Matt Jones
Oh, maybe we got some.
Shannon The Dude
We got to have a listener that works there. Sure have to, Shannon. There's got to be a listener who works in one of those.
Ryan Lemond
Let's hope he's not a Louisville fan.
Matt Jones
Because you think they're committed.
Shannon The Dude
I'm sure we can't have a Louisville fan in there.
Ryan Lemond
He's in Louisville.
Matt Jones
The committee's gonna be from all across the United States.
Shannon The Dude
I'm sure they'll do something where, like, they decide the Kentucky deals in California. You know what I mean? I'm sure they'll probably. Yeah. One person writes. Matt, can the University of Kentucky hire an athlete to do a commercial? No. That's part of the agreement. The university cannot. Has to be a private entity or business. Now, Joe Kraft could do it. So Joe Kraft could hire. Could sign, you know, Ortega o way to do a commercial. But he'll have to prove Ryan to Deloitte that he's paying him what he's worth for what he's doing.
Matt Jones
Yeah, that's where I say it's gonna be hard to police that, I think.
Shannon The Dude
Because it's every March, what Deloitte's there for. And. And the judge. I followed this. I read the judge's opinion. She did an amazing job. She asked all of these questions. She was like, you got to prove to me that you can police this fairly. And again, I didn't see what Deloitte said. But Shannon, apparently, they said enough that she believed they could do it.
Ryan Lemond
Yeah. Yeah. You put a lot of. A lot of trust in putting a.
Shannon The Dude
Lot of pressure on these private companies, you know, to. To make this decision. One person writes, matt, as soon as somebody's deal gets rejected, they will sue. I'm not. I'm certain of it. Yes, they will. Which is why they got to have Congress passes law. This. This settlement is only going to work for a year or two. Somebody's going to sit. They need Congress to pass this law. And I am not a fan of Ted Cruz, and I'm sure there's some people listening that are not a fan of Cory Booker, but need to hope those two dudes do it, because we love this sport. Everybody listening loves college athletics. That's why you listen. Probably we need these two dudes to do it. And I will give a big handshake to both of them if they can pull it off, because it's necessary. You know, the president's people have suggested that they're leaving it to them. They talked about a commission, but apparently they pulled the plug on that. So it's these guys, and then it's a group of people in the house that includes Morgan McGarvey, who I started working with at Frost Brown, Todd, who is a Kentucky fan and who I've known for 25 years. He's in the group, in the house, working on it. But really, it's Cory Booker and Ted Cruz. So cross your fingers. Those two dudes make it work. 859-280-2287. Who's next? Booty H, how are you?
Caller
Hey, Matt, how are you, man? I'm good to thank. Thank you, thank you, thank you for bringing the little show to Somerset Friday, man, and spreading a little good cheer. And, dude, Alice Blue Gown tore it up Friday.
Shannon The Dude
Yeah, I heard you say that on the pre show. You. You really believe that? You've called twice for that.
Caller
Well, I had to when you said nobody's on the phone. And here, Shannon, your official autograph from here on out for Alice Blue Gown. You need to sign it Colonel the Dude.
Ryan Lemond
That's right. We're all Colonels now.
Shannon The Dude
Yeah, we're all Kentucky Colonels now, so that's exciting. Well, Boudet, thank you very much and thank you all for coming out to the show. There was a. We had a ton of people for our show. I know your show went well that night, right, Shannon?
Ryan Lemond
Yeah, yeah. Good crowd and a lot of fun. So really appreciate everybody for very Cool place there in.
Shannon The Dude
In Somerset, the Virginia. And thank. That was one of the better June crowds we've ever had for a remote. It was awesome. I mean, maybe the biggest in a few years. So thank you all very much to all those people that came out. Ryan, you excited for Murray State tonight? Play. Dude, wait, this is a chance. I mean, this is like a historic chance for Murray State. This team had not won a game in the NCAA tournament since 1979. In baseball, the other seven people, other seven teams in the College World Series are decided. All that's left is Murray State and Duke. The whole country will be watching this game. Literally the whole country. It's the only game on. You gotta think everybody in America's rooting for Murray State, right? Is it everybody rooting for Murray State?
Matt Jones
They've got to, man, because Duke is like the evil empire over there. And Murray State scored 19 runs yesterday. And all eyes of the baseball world is on that game tonight at Duke. Game three, loser goes home. Winner goes to the College World Series.
Shannon The Dude
Help me understand something, Shannon. I don't know if you've watched Murray State play, but I would think at Murray State, they don't probably have a lot of major league prospects, right?
Ryan Lemond
Yeah.
Shannon The Dude
They have played against Ole Miss, Georgia Tech and Duke in this tournament. All teams in major conferences. And they have scored against Ole Miss, Georgia Tech and Duke over 10 runs in four of their eight games. How is that possible? How is this team so good at hitting that they can score 19 runs? Like, what do they do that's. That makes it to where? And why don't other teams do it?
Ryan Lemond
Yeah, I think that maybe they do have some Major League baseball prospects, especially if they're watching these games. Well, I mean, maybe, you know, you see it in the NCAA Tournament in basketball all the time. A guy you never heard of goes off in the tournament, next thing you know, he's drafted by the NBA. So, you know, maybe you do have some guys that will end up in the MLB draft.
Shannon The Dude
Ryan, what do they do? I mean, I like, how do they score? They scored, like, 16 against Ole Miss, 14 against Georgia Tech, 19 against Duke. What. What do they do? Do they just, like, chop the ball and hope people mess up? Like, what do they do?
Matt Jones
I don't know who deserves the credit, Coach Skirka, who came on with us, or their hitting coach. But somebody obviously has got some magic working, and these guys are just not intimidated. They went to Oxford, you know, one of the best programs in the country, and beat Ole Miss on their home field. Now they Beat Duke in the super regional on their home field. These, these guys are just not intimidated by anybody.
Shannon The Dude
Well, I'm going to watch the game tonight and I listen, I'm pulling for Murray State going I, I saw there's a college baseball podcast that I listened to on my drive down and they said if Murray State makes the College World Series, it'll be the biggest upset in the history of college baseball. That's what they said. That's an amazing. But that's an amazing statement.
Ryan Lemond
Yeah, yeah.
Shannon The Dude
History of college baseball. Yeah, yeah. For them to go, I mean a 4C with a. You know, it's amazing. So go Murray State. I hope they win and I hopefully that's what we're talking about tomorrow. We'll take a break. Be right back. SKSR T.J. smith, personal injury attorney. Call T.J. he'll make him pay.
Ryan Lemond
Now more of Kentucky Sports Radio presented by Stockton Mortgage. Here's Matt Jones.
Shannon The Dude
Welcome back Techie Sports Radio. 859-280-2287. The Murray State game is on ESPN tonight. So it's on regular ESPN. That's cool for that program. Just to get to do that. Ryan be on regular espn. How many times you think Murray State baseball has ever played on regular ESPN?
Matt Jones
Never, ever, ever have they been on ESPN?
Shannon The Dude
Probably never.
Matt Jones
Yeah. ESPN9 maybe or something like that. Never been on the main channel.
Shannon The Dude
I bet they've never been on there.
Matt Jones
Basketball team to be on the regular.
Shannon The Dude
They've probably only been on there a couple times.
Matt Jones
True.
Shannon The Dude
And now, and now to have their baseball team on there, that's got to be awesome. One person, right? Shannon said you hear about it all the time. A player goes off in the NCAA tournament, then gets drafted in the NBA. I'm throwing the challenge flag. Can Shannon name one example?
Ryan Lemond
Steph Curry.
Shannon The Dude
Well, Steph Curry was going to be a first round pick anyway. But, but you're right, he got. He became more prominent. Well, you didn't. But he was on draft boards now he did rise. I think that's fair. Yeah, but, but he was probably going to be a first round pick anyway. Yep. Can you get any others? I'm on your side here. I want you to get one.
Ryan Lemond
Well, Bryce Drew, didn't he play in the NBA and he had a hell of a run there for the team he was playing. I forget. Who was he playing? Val Valpo.
Shannon The Dude
Yeah, I don't know if he played in the NBA.
Ryan Lemond
I thought he did.
Shannon The Dude
Might have. He might have.
Matt Jones
I.
Shannon The Dude
Okay, you got one.
Matt Jones
Jeff shepherd. His performance in 98 tournament got him drafted by the Atlanta Hawks.
Shannon The Dude
Okay. You don't think anybody had ever heard of Jeff shepherd before that, though?
Matt Jones
Well, we have. I'm not going to rest the country.
Ryan Lemond
Bryce Drew was a first round pick.
Shannon The Dude
Okay, now then, that's a great. I didn't. There's no way he would have gotten drafted.
Ryan Lemond
No, he was a 16th overall pick.
Shannon The Dude
Price drew it. 16th in the draft?
Ryan Lemond
Yep.
Shannon The Dude
Wow.
Ryan Lemond
So there's.
Shannon The Dude
That's crazy to me. No, Bryce Drew's your best example because there's no way he would. Steph Curry was going to get drafted. When did shepherd get picked? He didn't get picked in the first round, did he?
Matt Jones
No, I think it was late. Late? Yeah.
Shannon The Dude
No. If Bryce Drew was a first round pick, then, Shannon, you can tell that dude to eat it. Go ahead and tell him.
Ryan Lemond
Eat it, dude.
Shannon The Dude
One person writes. Matt, I've heard over the years, I know how much you dislike Ted Cruz. What gives you confidence he can do this? Because he and Cory Booker are both smart. So, like, I'm. I'm kind of of the belief that when you can get politics out of it. So a big problem in America is when something's political, people, like, line up on opposite sides just to do it because they think they need to do it. But when you get past that into other things, then I think smart people can come to deter, can come to agreements. That's why I hate what news has become. People screaming at each other. Because I do think if you get smart people in a room and you have them work together on something they're trying to fix, they can get past their differences and come together. So take whatever you think of Ted Cruz, and I'm not a fan, and take whatever you think of Cory Booker. And there may be people that aren't a fan, but both guys are very smart and both guys know sports. So, Ryan, you get smart people in a room and they don't have to worry about going on Fox News or MSNBC and screaming at each other. I think they can come to a resolution. So that's why I have slight confidence now. What worries me is if anything happens that makes it be political, then it becomes like, who knows? But if they can kind of do it behind closed doors and then just come out with an agreement, I actually think, Ryan, it could happen because those dudes are both very smart.
Matt Jones
Is this something you think that needs to be done before football season this year? This?
Shannon The Dude
No, but it needs to be done pretty quick. I mean, it needs to be done. I would say it needs to be done before people start running for reelection next summer. So I'm giving them a year. I think it needs to be done before the congressional. I, I think they have like a year to get it done because after that, once you start people campaigning, then stuff falls apart. I think they got like a year. So, you know, I saw that Greg Sankey and somebody else were playing golf with Trump. That's probably good, right? Like, we probably need to get it done in the next year if we want to get it done. Who's next?
Ryan Lemond
Steve.
Shannon The Dude
Steve. Go ahead, Steve.
Caller
Hey, guys.
Shannon The Dude
What's up?
Caller
Dude for Arizona named Jason Williams. I think he came out of nowhere. Tell, tell. Smart mouth. Don't talk to the team.
Shannon The Dude
Williams. Jason Williams played in Florida and he was kicked off the team before the ncaa.
Caller
Williams, yeah. This dude, I got the name, the guy's last name was Williams who played for Arizona. It's probably eight years ago. This guy come out of nowhere.
Zoe Saldana
It.
Shannon The Dude
Okay, he had an incredible tournament.
Caller
But you can't talk to Shannon. Like, tell that guy. You can't talk to Shannon like that.
Ryan Lemond
Talk to a colonel like that.
Shannon The Dude
Tell him, Steve, you can't talk Colonel. You're a colonel. You can't talk to a colonel like that.
Caller
He's a champion.
Ryan Lemond
That's right.
Shannon The Dude
The greatest wrestling.
Caller
Wrestling voice in the history of the.
Ryan Lemond
Absolutely.
Shannon The Dude
Yeah. That's a great voice. I appreciate the call. You cannot talk to a colonel, a world radio champion. You can't talk to someone like that.
Matt Jones
Nice for Shannon's brother to call in.
Shannon The Dude
Who's up next?
Ryan Lemond
Let's go to Bennett.
Shannon The Dude
Bennett, I ain't in it. What's up? Hey, Matt.
Caller
First time, long time.
Shannon The Dude
Who are.
Caller
So I have a question about the house settlement thing. Is it $20.5 million for all expenses for sports or is that just for paying players?
Shannon The Dude
Just for paying players. The rest of the expenses can be whatever the school wants it to be, but it's 20.5 for. Only for the players.
Caller
And do you think in larger markets, so, like New York with St. John's it's going to be easier for them to pay more money because there's more money in these bigger markets?
Shannon The Dude
Well, first of all, I think the SEC in the Big Ten are going to be able to afford the 20.5. It may take them a little while to balance their budgets, but they're going to do it. I think a lot of the schools in this, in the smaller conferences, they're not going to be able to do it. So, like, they're going to be spending less money. The Issue for me is the ACC, the Big 12 and the Big east, two different issues. The ACC and the Big 12 are going to want to spend the 20.5, but they don't have it. Okay. So they've got to figure out, do we do it? I think some of them are going to do it. Some of them aren't. I think some of them are going to end up taking private equity. And there's a report this morning that a couple of them are about to announce that. Then you got the Big East. The Big east is not going to have to spend money on football. Most of the teams, because they don't have football. So they can spend up to 20.5 million and they don't have to spend money on football. So it at Villanova, St. John's DePaul, Xavier, schools like that, if they want, they can be good at a lot of sports. And we'll just have to see if they can raise the money to make that happen because their TV deals aren't as much as the SEC, Big Ten, ACC, Big 12, so they don't have as much revenue coming in.
Caller
Okay, that makes sense. Thank you.
Shannon The Dude
Appreciate the call. So, you know, it's easy to say, okay, DePaul can spend $20.5 million, Ryan, but they're going to get that $20.5 million. And I don't know where they're going to get it because they don't have football money coming in.
Matt Jones
Yeah, some schools got a Joe Kraft or a Tyson Chicken guy at Arkansas, but most schools do not have that guy.
Shannon The Dude
Like Xavier's a perfect example. In theory, Xavier can spend $20.5 million, but if you're running Xavier, you gotta be like, well, where do we get it?
Matt Jones
Where's it coming from?
Shannon The Dude
Where's it coming from? And I think that's the thing that each school will have to. To figure out who's next.
Ryan Lemond
Freebird.
Shannon The Dude
Freebird. What's up, Freebird?
Caller
Hey, great Monday, fellas. Got a statement and then a. Well, question leading up to another question. Did you guys happen to see Fine Bomb? And he was on. I think he was on ESPN either Friday or Saturday. He was 100%, totally, totally against this new decision. And that being said, he said the NCAA is going to be no more. So when a college game comes on.
Shannon The Dude
Yeah, he doesn't know what he's talking about, at least in terms. I mean. I mean, I'm not trying to be rude to it. I mean, he may. He may be right. One day, the NCAA won't exist, but it Ain't going to be tomorrow. Right? It's going to be like when the cop, when acc, Big Ten, all them decide to do their own thing in football. As far as being against it, he can be against it if he wants. It doesn't matter. The judge has agreed to the settlement. So Paul Feinbaum is going to be like yell, yelling into the wind. It doesn't matter what he thinks. Like it's the, the law now.
Caller
So if, when a game comes on in the future like a basketball or football, is it going to say still NCAA or is this going to say collegiate football?
Shannon The Dude
It's going to be in. Okay, so the NCAA is still the entity for everything but football. But remember, even now, football's championship is not run by the ncaa. I don't think a lot of people realize that the College Football Playoff is not run by the ncaa. The NCAA runs all the other sports, but the College Football Playoff is run by the conferences. So it'll still be the case that these schools have to follow the NCAA rules. But when it comes to football, do I think one day there could be a day where the football schools all do their own thing? Completely, yeah, but I don't think it's tomorrow. I think there's going to be a few years like this. If Congress doesn't pass a bill, then I think what's going to happen is the schools will say, all right, we tried and now we're going to do our own thing.
Caller
So do these kids still have to come up with the prerequisites to play in college as far as grades?
Shannon The Dude
I mean, in theory. In theory, yes. But I don't know that anybody ever enforces that anymore, to be honest with you.
Caller
Hey, thanks for taking my call, guys.
Shannon The Dude
Appreciate the call. In theory, yes. I think what has happened over the years is what Jay Billis has always advocated, which is, Ryan, each school just gets to decide who they let in the school. Rather than the NCAA saying you got to have this ACT score, basically they go to every school and say, if you want to let them in, you can let them in. And you know what most schools do, Ryan? They let them in.
Matt Jones
They let them in. Especially if they're a five star point guard who can play, they're coming in.
Shannon The Dude
And I actually think that's probably what should happen. Like in some respect, who is the NCAA to tell the University of Kentucky who they need to let in school? Like, you know, we don't do that in anything else. We don't say, Shannon, you, you better be able to play the trumpet. Really well before they let you in, right?
Ryan Lemond
Yeah, I'm with you. Yeah.
Shannon The Dude
People should be able to let into school who they want to let in school. The NBA finals are here. It's your last chance to bet on the NBA until next season. DraftKings official sports betting partner the NBA game three is coming tomorrow night. Who's going to carry their team to the chip? I hate when people say chip. To placing a bet on your personal MVP to drop 30, 40 or 50, bet $5 to get 300 in bonus bets. It's the draft King sportsbook. Use my code KSR new customers get $300 in bonus bets and you only have to bet $5. It's DraftKing. The crown is yours. If you have a game problem, call one here. Gamble 18 + Kentucky only eligible. Restrict supply bet must win to Receive reward minimum minus 500 odds required. Most expire 168 hours after issuance. For additional terms, Responsible gaming resources at DKNG co Audio. We'll take a break. Be right back. Final segments KSR hi, Zoe Saldana.
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Ryan Lemond
Oh, no, no. You were reading your, your live read. I didn't want to.
Shannon The Dude
Well, that's nice.
Ryan Lemond
I want to bury you with the music.
Shannon The Dude
That's very nice. All right. Let me do a couple things I want to make sure we get done today. First of all, John Clay, the columnist for the unit for Lexington Herald Leader, has worked for 44 years.
Matt Jones
It's amazing.
Shannon The Dude
44 years in Lexington as a sports reporter first and then columnist. Did UK football for a number of years, then he was a columnist. I think he's extremely talented. He's in the Basketball hall of Fame for writers also. Really a nice guy. A perfect example of, over the years, you've heard me talk about how some of the people we used to criticize, then I got to know and I realized what a good person they were. And John Clay's a great example. Over the years, I would eat Chipotle back off Nicholsville Road that the Chipotle in the mall. And I would see him there and we got to, I got to learn to start talking with him, got to learn about him. His son is a fan of this show and he has always been an excellent writer, but also very good to me sometimes when he didn't have to be, because I was, when I was getting started, pretty harsh on not just him, but everybody. And that was, I regret some of that in hindsight, especially for him, because I think he's, he's, he's been like a real benefit to the University of Kentucky sports landscape for decades. And his writing is always insightful. It was always, I thought, informative. He often would break stories. He embraced the blog world kind of before a lot of other mainstream reporters did. And he's retiring after 44 years at the Lexington Herald Leader. Ryan, I know you've worked with him a long time. Big salute to him, a part of the UK media community that we will miss.
Matt Jones
Really good, what you said there, giving me flowers because the guy deserves it. He's a Lexington legend. He's an icon, especially when it comes to sports reporting. You know, we've, we've lost Jerry Tipton and now John Clay. So the Lexington Headley are the two guys. I grew up reading a lot of both step down. But you're. And then you're right. Not just a very talented writer, but a good guy. He was a good guy. He always would talk to you and hard worker, you know, he always was always. But. Yep, yep. So, yeah, congratulations.
Shannon The Dude
We always talk about how I was one of the first UK people on Twitter. So was he. It was like, for a long time, the only people you could see right. In Kentucky on Twitter were me, Pat, 40, and John Clay. And he got into it very, very early. He was at some. A lot of forethought on this stuff. So big salute to John in his retirement. Going to miss him in this neck of the woods. Secondly, Shannon, they caught the zebra.
Ryan Lemond
I saw that. Yeah.
Shannon The Dude
Or the zebra, depending on how you. Where you are. I thought it was kind of sweet the way they picked him up in the little. Did you like. They picked him up in the little, like, diaper and he was like a.
Ryan Lemond
Stork, you know, carrying around.
Shannon The Dude
They picked him up, like, put him up in the helicopter, I guess, because you can't just carry the guy the thing. Right. I guess that's how they had to.
Matt Jones
Do it, transport him that way.
Shannon The Dude
It was kind of. Kind of cute watching the little zebra float in the air and it's diaper into the sky.
Ryan Lemond
What a ride that must have been. Just draped in that.
Shannon The Dude
I think he was knocked out, wasn't he? Wasn't that. Didn't they have to, like, sedate.
Ryan Lemond
I didn't see that part, but. But then I guess they gotta drop them off at, I guess the person's backyard or.
Shannon The Dude
Where do they take, like, just drop him.
Ryan Lemond
I mean, literally drop them. I mean, like, you know, take them back.
Shannon The Dude
What was that movie? Was it Dumbo Drop? Was that where they. Wasn't that a movie? Am I dreaming this? Wasn't there a movie about an elephant?
Ryan Lemond
Maybe? All right, I'm sure.
Matt Jones
Why not?
Ryan Lemond
But anyway, where does the zebra go to after that? Does it go to the. The person's back?
Shannon The Dude
No, hopefully not to that person's house anymore.
Ryan Lemond
They take him to the zoo and.
Matt Jones
Then patch the hole in that fence and they take it back there.
Shannon The Dude
Yeah. I don't know. But glad the zebra is safe. That's what we like to hear. A couple of other athletes, people brought up Shannon to make your point. This is a good one. Kenneth Farid at Morehead State.
Matt Jones
Oh, yeah, great one.
Shannon The Dude
That's a really good One because I don't. I think he became a first round pick and played in the NBA a long time and I'm not sure he was going to be a first round pick before that. You know, there's people saying John Morant, he was, he was going to be a first round pick. There's. That was. I don't even know if. Did he win an NCAA tournament game? Ryan? I don't think he did.
Matt Jones
Mario shaking his head yes. I don't remember him doing.
Shannon The Dude
He did okay. Either way he was going to be a high pick no matter what. I think Kenneth Farid is. Oh, Shabazz Napier. That's a good one too.
Matt Jones
That's a good one.
Shannon The Dude
Yeah, because he played himself in. I mean they won the national championship behind him and even though he played at UConn, I don't think he was going to be a first round pick. And Ryan, he ended up being a first round pick. Didn't really have much of an NBA career, but that was definitely one where the NCAA tournament helped him.
Matt Jones
Yeah, that's a good one. He drugged Yukon to that title game and earned himself a spot to get drafted highly in the first round.
Shannon The Dude
Dragged him.
Ryan Lemond
He didn't drug him. It would have been different.
Shannon The Dude
He would have other one saying Jimmer for dad. No, he was good. All you remember, like he got hype all year. What's his face at Gonzaga? Adam Morrison. Because that was the whole year, right? Was it Adam Morrison or Jim or Fredette? Who was better?
Matt Jones
Wally Zerbiak.
Shannon The Dude
He was another one though. That was like he was known. He was kind of like Steph Curry in the sense of, you know, everybody knew who he was all year then. He had a great tournament. But I think Kenneth Fareed is a really, really good one. What was the one you said, Shannon? I'm sorry, it's already slipped my mind. Bryce Drew, the one that's price Drew.
Ryan Lemond
Yeah.
Shannon The Dude
Those are the two that I've heard. I think were the best examples. Who's next?
Ryan Lemond
Ron.
Shannon The Dude
Ron. Go ahead, Ron.
Caller
Matt, have one clarification to the new deal. Let me frame it. So pre deal.
Shannon The Dude
About a minute. Real quick. Frame it quickly.
Caller
Okay. We're not. We're. Okay, pre deal. We're not paying athletes 20.5 million. Post deal, we're paying 20.5 million. Where was that money spent last year?
Shannon The Dude
Pre deal didn't exist.
Caller
Where did we. Where did we.
Shannon The Dude
Well, okay, it was spent on like.
Caller
Is the revenue stream increasing? Is.
Shannon The Dude
Yeah. I mean they're basically having.
Caller
Does the revenue stream increase?
Shannon The Dude
It has a little bit because the SEC and Big Ten sign new media deals. I've been told that about half of this money has come in through the new media deals. The other half had to be found elsewhere.
Caller
Okay. So the other part of that is out of pocket.
Shannon The Dude
Yeah. And a lot of these schools are having to go in debt initially and hope they make it up in the long term. So. Yeah, no, that's a big deal. Where does this money come from? It's a. It's a very big deal. And some of the schools are not gonna be able to come up with it. It's just how it is. I'll be back in Kentucky tomorrow. We'll see you then. Spin Kentucky Sports Radio. Go, Murray.
KSR Podcast Summary: Hour 2 (June 9, 2025)
Host(s): Matt Jones, Shannon The Dude, Ryan Lemond
Publisher: iHeartPodcasts and Sports Talk 790 (WKRD-AM)
Duration: Approximately 16 minutes
Release Date: June 9, 2025
Timestamp: 00:57 – 02:07
KSR's Hour 2 kicks off with hosts Matt Jones, Shannon The Dude, and Ryan Lemond diving directly into the day's pressing sports topics. They focus primarily on college baseball, specifically the recent performances and standings leading up to the College World Series.
Timestamp: 02:07 – 04:40
Shannon The Dude shares listener feedback via text, highlighting excitement over Tennessee's loss and Louisville's advancement to the College World Series after two years of absence. Despite acknowledging some fan frustration, the hosts note the competitive landscape with seven different conferences vying for representation.
Notable Quote:
Shannon The Dude (02:25): "Only one series left. Seven different conferences have a chance to be represented in the College World Series."
Matt Jones adds that the SEC typically dominates rankings, but this year saw a gradual decline in some SEC teams' performances, allowing smaller schools to make significant strides.
Timestamp: 01:58 – 15:39
A substantial portion of the discussion centers around a landmark settlement involving the NCAA, led by an athlete named House. This settlement addresses the long-term compensation of college athletes, culminating in a $2.8 billion agreement covering the past ten years.
Key Points:
Settlement Details: The settlement mandates schools to allocate up to $20.5 million annually towards athlete compensation from 2025 through 2035. This fund aims to resolve collective claims from the last decade of college athletes.
Role of Deloitte: Deloitte has been appointed as the overseeing accounting firm to ensure fair distribution and to regulate expenditures beyond the allocated $20.5 million. The firm is tasked with verifying that any additional funds are justified by corresponding work or value provided.
Notable Quote:
Shannon The Dude (09:48): "So, Ryan, you get smart people in a room and you don't have to worry about going on Fox News or MSNBC and screaming at each other. I think they can come to a resolution."
Impact on Conferences:
Legislative Action: The future of this settlement hinges on congressional approval, particularly by Senators Ted Cruz and Cory Booker. The hosts express hope that bipartisan efforts will solidify these changes into law, ensuring long-term governance of college sports.
Notable Quote:
Shannon The Dude (15:11): "And this will govern the next 20 years. But Deloitte and Ted Cruz and Cory Booker are kind of the most important parts of this."
Challenges and Criticisms:
Notable Quote:
Shannon The Dude (07:54): "Guys have agreed, and it says they can spend up to $20.5 million, but they don't have to. They can choose to spend less, but they have the option to spend $20.5 million."
Timestamp: 15:39 – 29:41
The conversation shifts to a local sports highlight: Murray State's exceptional performance in the College World Series. The team faces Duke in a decisive Game 3, with the winner advancing to the World Series. Hosts express widespread support for Murray State, viewing their potential victory as a historic upset.
Key Points:
Murray State's Performance: Scoring impressive runs against major conference teams like Ole Miss, Georgia Tech, and Duke, Murray State demonstrates remarkable offensive prowess despite limited major league prospects.
Community Support: The hosts and callers show significant enthusiasm for Murray State, contrasting their potential triumph with the dominance of traditionally powerhouse teams.
Notable Quote:
Shannon The Dude (22:13): "They scored, like, 16 against Ole Miss, 14 against Georgia Tech, 19 against Duke. What do they do?"
Matt Jones attributes Murray State's success to effective coaching and the team's fearless approach, praising Coach Skirka and the hitting coach for their contributions.
Notable Quote:
Matt Jones (23:35): "Somebody obviously has got some magic working, and these guys are just not intimidated."
Timestamp: 35:06 – 41:27
In a heartfelt segment, Shannon The Dude honors John Clay, a beloved sports columnist from the Lexington Herald-Leader, who is retiring after 44 years of dedicated service. The hosts reminisce about Clay's impactful journalism, early adoption of digital platforms like Twitter, and his significant contributions to the University of Kentucky's sports coverage.
Key Points:
John Clay's Legacy: Recognized for insightful writing and breaking important sports stories, Clay is celebrated as a pillar of the Kentucky sports media community.
Personal Anecdotes: Shannon shares personal experiences of meeting Clay and acknowledges the growth of their relationship from initial criticisms to mutual respect.
Notable Quote:
Shannon The Dude (38:25): "Over the years, I would eat Chipotle back off Nicholsville Road that the Chipotle in the mall. And I would see him there and we got to, I got to learn to start talking with him."
Matt Jones echoes these sentiments, highlighting Clay's status as a Lexington legend and his enduring impact on sports reporting.
Timestamp: Throughout
Throughout the episode, the hosts interact with callers, addressing questions related to the NCAA settlement, expressing support for local teams, and engaging in light-hearted banter. Notably, the discussion emphasizes the importance of legislative support to solidify the NCAA's new policies and the hope that bipartisan efforts will lead to lasting changes in college sports governance.
Notable Interaction:
Caller on NCAA Settlement (30:27 – 35:07): A listener seeks clarification on the $20.5 million allocation, prompting detailed explanations about fund distribution and revenue sources.
Notable Quote:
Shannon The Dude (30:35): "They have to figure out who's next."
Timestamp: 41:27 – 43:03
The episode concludes with a light-hearted discussion about the successful capture of a zebra, blending community news with humor. The hosts wrap up by reiterating their support for Murray State and the importance of the forthcoming game against Duke.
Notable Quote:
Ryan Lemond (43:03): "They take him to the zoo and then patch the hole in that fence and they take it back there."
Overall Insights:
NCAA's Paradigm Shift: The settlement represents a monumental change in how college sports operate, with significant financial implications for universities, especially within the SEC. The involvement of Deloitte underscores the complexity of fair compensation distribution.
Local Sports Passion: The hosts' enthusiasm for Murray State exemplifies the deep-rooted sports culture in Kentucky, highlighting the community's support for underdog teams.
Media Evolution: The tribute to John Clay reflects the changing landscape of sports journalism, recognizing the blend of traditional reporting and digital engagement.
Legislative Hurdles: The success of the NCAA settlement hinges on political collaboration, emphasizing the intersection of sports, law, and governance.
Key Takeaways:
For More Information: Listeners interested in the topics discussed can reach out to KSR at 859-280-2287 or engage via their official website.