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.
Bitcoin futures start trading on the CME, and Congressional Democrats call for a hearing on the Disney/Fox deal. Plus tax reform gets closer, weather could have an impact on holiday shopping, and the rise of ICOs.
Football fans will now be able to stream their favorite games on their phones, after Verizon signed a multi-year deal with the NFL. Paul Kelly, Chief Revenue Officer of Whistle Sports joins Cheddar to discuss the ever-changing landscape for sports media.
Paul Kelly, chief revenue officer at Whistle Sports, says that this deal will allow Verizon to tap the millennial market with more than just live sports.
Season 3 of Nickelodeon's competition series "Paradise Run" kicks off in 2018. Host of the show, Daniella Monet, shares what to expect in the new season of this series.
The first box office forecasts for "Star Wars: The Last Jedi" are in and it's looking like the sequel is the hit Hollywood has been waiting for this year. Bauer Xcel Media's Kate Spies and FHM's Nick Dimengo join Cheddar to discuss the early reviews and more top entertainment headlines.
It's official: the final four teams have been selected for the college football championship. Nick Dimengo, Senior Editor at FHM Magazine, joins Cheddar to discuss his picks for the Clemson vs. Alabama and Oklahoma, vs. Georgia games.
Jennifer Cunningham, Senior Editor at Bossip.com, and Todd Johnson, Managing Editor at The Grio, discuss Colin Kaepernick winning Sports Illustrated's Muhammad Ali Legacy Award. Kaepernick was honored for fighting social injustice against African Americans, and his pledge to continue to fight, despite not having an NFL contract.
When veterans return home from service, many struggle to find jobs and careers. That's why Quick Lane launched the "Trading One Uniform For Another," program to help veterans fund an automotive education and career.
The rodeo circuit has been one of the sporting world's biggest boys' clubs for over a century. That's changing, thanks to women like Duke Wimberly, one of the bronc riders featured on Ride TV's new series "Cowgirls."
Imagine running up a hill, wanting to give up, and then hearing a personal trainer in your ear urging you to keep going. Would you?
Ethan Agarwal, CEO of Aaptiv, joins Cheddar to discuss how his app is making it possible for people to get motivated during a running workout.
