It's Just Business
All Episodes

236. Buying Futures on the U.S. Congress Running the NCAA
01:00:12||Ep. 236Post-opening banter, we discuss:Does your college football roster cost $8M or $50M? Here’s our report on 68 teamsCollege athletics rack up millions in deficits as Senate eyes oversight billSenate tees up college sports bill aimed at regulating NIL dealsPolymarket countersues New York state over ‘unregulated gambling’ allegationNFL Has No Plan to Follow MLB, NBA in Loosening Private Equity Rules
235. A Cavalcade of Ego Crash Outs: Steve Balmer, Lane Kiffin and LIV Golf
01:02:06||Ep. 235Post-opening banter, we discuss:Report: Feds investigating Clippers' Kawhi Leonard dealingsNo sanctions for LSU after SEC meeting on expulsionYes, the SEC really could 'terminate' LSU. Here's an inside look at the fight that could reshape college footballLIV Golf files for bankruptcy protection, enters 'next phase'Rory McIlroy predicts LIV Golf player exodus after bankruptcy protection filingNFL 2026: WHAT’S NEXT FOR THE NFL’S INVESTMENT ARM, 32 EQUITY?Show Summary:[0:00–9:00] Intro & NFL international expansion — Small talk, then discussion of the NFL's first game in Australia. Hosts predict the long-term goal is an international division (London, Paris, Madrid, Germany), but flag brutal travel logistics (only ~25hrs recovery time) and predict Mexico City as the first international "home" team.[9:00–24:30] LSU vs. SEC eligibility showdown — LSU wanted to sign two ex-NFL players using a COVID-era eligibility loophole; the SEC threatened expulsion, and LSU backed down. Hosts note the irony of the SEC drawing a "no real pros" line while profiting from NIL, blame Lane Kiffin's loose talk for escalating it, and predict the broader eligibility issue resurfaces in a few years.[24:30–40:20] Clippers/Kawhi Leonard salary-cap scandal — NBA penalized the Clippers (5 draft picks, $30M fine, 5 years of audits) and suspended Steve Ballmer for a year over sham deals used to pay Kawhi Leonard around the cap. Leonard's trade to Toronto is in limbo; federal prosecutors and the SEC are now investigating, though hosts expect the federal angle to fade while the trade drama dominates NBA news.[40:20–57:15] LIV Golf bankruptcy — LIV filed Chapter 11 in NJ, listing $100–500M assets vs. $500M–$1B liabilities, with stars like Rahm and DeChambeau as unsecured creditors. Rory McIlroy predicted a player exodus. Hosts expect LIV to survive only as a smaller international "B league" now that the Saudi PIF (which sank ~$5B since 2022) has pulled out.[57:15–1:04:30] NFL's investment arm ("32 Equity") — Owners' ~$250M+ fund (includes a Fanatics stake) sits outside the CBA, so profits don't have to be shared with players — essentially a legal, league-wide version of the Ballmer/Kawhi trick.[1:04:30–end] Wrap-up — Aside about a sold-out Wrigley Field women's volleyball game halted by humidity/condensation; sign-off heading into NFL Week 1.
234. Trolling for Randos in Trailer Parks and NFL Rosters
01:00:46||Ep. 234Post-opening banter, we discuss:49ers owner Jed York responded to undercover ad on prostitution website, police sayProsecutor says he has portion of Josh Jacobs' domestic incident with ex-girlfriend on videoJudge's order prohibits SEC from blocking athletes returnLakers legal saga continues: Jeanie Buss accuses siblings of 'devious behavior' in petition
233. JD5 Steps In It
01:01:28||Ep. 233Post-opening banter, we discuss:Daniels sends cease-and-desist to LSU after Pickett given No. 5In Sudden $12.5B Lakers Sale, Big Questions RemainSources: Josh Kushner, Bob Iger to buy Lakers for $12.5BPrivate equity company Apollo agrees to finance deal with New York Yankees organization for $2.6 billion
232. Romo Walks the Line
55:13||Ep. 232Topic Rundown:Bodycam video: Tony Romo OWI arrest in MilwaukeeAndrew Marchand: CBS ‘wants to get out of the Romo business’Washington Commanders fire coach days before training campEmbattled NFL player cut after latest arrest as he wastes career lifelineKhosla-led group agrees to buy Seahawks; sources say $9.6 billionSEC and Big Ten agree to support college sports bill after weeks of negotiations
231. World Cup Madness & Goofy Lawsuits
53:42||Ep. 231Chris abandons Steve on Soccer Hatred Island and admits he is all in this year. Steve makes some jokes and then it's time to talk:Netflix, Disney and YouTube interested in FIFA World Cup US rights; package could reach $2 billionUS World Cup exit isn't so bad for Fox- thanks to hydration breaksUSMNT’s World Cup exit was most-watched American telecast since Super BowlEqual Pay Fight Means $6M for U.S. Women From Men’s World Cup RunNIL ERA’S GOOFIEST LAWSUIT HINGES ON AGENT’S ‘EMPLOYEE’ STATUSBest Sports Business Cities: 2026
230. the Sorsby Situation
01:05:36||Ep. 230After Chris educates Steve on Modern Mid-century Design, they discuss:Brendan Sorsby officially drops lawsuit against NCAANFL rejects Sorsby's supplemental draft bid, lawsuit could followBrendan Sorsby's turbulent timeline: From gambling addiction to NFL supplemental draft denialBasketball Players Sue NCAA Over New Five-Year Eligibility ModelLions CB Terrion Arnold arrested, faces possibility of life in prison on kidnapping, robbery charges
229. Salary Caps and Franchise Valuation Floors
59:01||Ep. 229Topic Rundown: MLB Proposes Salary Cap as Part of CBA Negotiations with Players, Full Details RevealedMLBPA’s Initial Proposal Sets the Stage for High-Stakes Labor FightGroup led by Egon Durban to buy 25% of Las Vegas Raiders at $9.9 billion valuationShedeur Sanders Banked Record $17.7M in NFLPA Group Licensing IncomeBonus Jason Kelce content:Kelce on NFL Sundays CBS Sunday Morning piece on Kelce co-owned Golf course (with Bill Murray and Tom Koyne) that is half a mile from Chris in the great Western Catskills
228. Can you name the Tampa Rays mascot?
53:55||Ep. 228Topic rundown:Baker Mayfield Headlines 'Quarterback' S3 from Netflix, Full Cast, Release Date RevealedGolden Knights lose pick, coach fined for boxing out mediaYankees legend Mariano Rivera says he supports an MLB salary capRays' New $2.3B Stadium Tentatively Approved By Local Officials, Latest Timeline Revealed
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