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In I should say there's a push in college sports to pay student athletes a -- on top of that full -- scholarships.
Laws on the book retired NBA basketball player an founder and president of -- on to -- youth organization.
He is with -- now frequent guest on this program -- welcome back -- -- -- -- ran the now I define -- Stein Penn and over and above the scholarship as a limited amount of spending money.
But it's new and there's -- -- to pay college athletes this stipend.
-- in the financial arena do you approve of a stipend let's start with that.
Most -- like -- -- big time college athletes I was top five recruit coming out of high school.
Grew up in public housing or welfare you know I had -- enhances system were in my pocket but.
I think once you start paying players a cycle particularly football men's basketball is a slippery slope you know solve -- -- dedicated advocated that.
Players be compensated in education.
Outside of -- sports and their majors what I mean is this I've advocated this -- -- -- university of big time money making machine.
We have to set up a fund or something dedicated to help these guys job skills.
Networking -- financial life skills personal brand development because really you know you're just.
Contributed to a short term deficit.
Though we know they're going to be many long term problems down the road all the players going to be I'm prepared want to want to just pay.
I mean that bringing in many tens of millions of dollars for the colleges that they actually -- full Windows Mobile basketball.
-- -- -- -- do what you start paying players on the you think about the the larger issue here when you start paying him.
How much is enough how do you make -- fair deal let -- market -- time after the that the market is quite yet what if Alabama wants the highest quarterback five million bucks a yeah.
And he's bringing in the money to justify my 55 million dollars -- one you just let him do it let the market decide.
Was that I think that the larger point here in the issue is how what are we gonna do that help these players long term I mean we see this -- -- have -- may be short term.
Death -- so everything went up front I think you're gonna happen but it won't tell you pay up and if you wanna give them advice on how to bounce the check the when you're paying a five million dollars the F go right ahead and do it but if you really -- -- help them.
If I -- Yeah about how many guys are actually going to go pro through I think doesn't matter that we had to do a better job of educating is million UK and one of them was a bit bringing in millions of dollars that also.
Yeah but this exacerbate this whole issue and -- vs professional and you know it's still we we think about paying these guys we're.
We're setting them up for failure down -- wrote I mean money.
In and of itself is not gonna really solve the problems that these athletes need they need scale through you know that that the world is changing.
We can't just only pay digesting -- they paid in the -- and by how much is enough.
How is it going to be fair you can't make it fair across the board you have football -- men's basketball subsidizing really all the other sports.
I think we have to really address the larger issue was given the right players deserve -- that does that thing down well there's two sides of the fence here very clearly defined.
I say let the market walk if -- bringing in millions won't pay you what a -- -- will you.
No don't do that you setting up Thalia.
Just give a free education and -- in the life skills to deal with successfully to down -- -- two sides of the fence right.
Not I think there can be a second but how much is enough.
You know and I think what it does is gonna few.
The players think and that they're professionals when effective supposed to be amateurs you know and I think this is a slippery slope -- what you get started down that path through.
There's no turning back well Lawrence I think -- on the path and -- also show wherever going to be able to its -- back -- on the book we always enjoy having on the show comes is again okay.
Thanks for having me thanks -- much of these you got ten seconds to make -- point.
I I typically level Laurence but I and that's -- I think he's he's wrong and by the way you know the responsibility for balancing a checkbook is on them now you can try to help them but they're not victim.
Victims here like somehow they're being you know.
-- what the market will pay and then they'll learn how to to balance -- checkbook or maybe they won't comment so.
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