Bannon's War Room - Episode 5195： The President Participates In Saving College Sports Roundtable

00:00:00.000 The economic pressures are unsustainable.

00:00:02.860 We've heard this several times.

00:00:04.440 And we know that Olympic sport budgets inevitably rise to the top as the first to be cut.

00:00:12.240 And in some cases, women's sport, but it's also men's sport may be eliminated.

00:00:17.440 We must keep our eye on both.

00:00:21.160 You're watching the East Wing of the White House, the college sports roundtable with President Trump.

00:00:26.760 You're in the war room. We're going to carry this live until its conclusion.

00:00:30.520 The future health of sport in our country.

00:00:34.040 We cannot wait for the economic pressure to create this crisis.

00:00:38.420 We stand here today, Team USA, in solidarity and partnership with the collegiate sports community

00:00:43.740 to encourage Congress to pass legislation that stabilizes the foundation of sport on campus

00:00:49.400 and ensures a healthy and robust ecosystem for student athletes

00:00:54.040 across a wide array of Olympic sports and football, which is kind of coming to the Olympics.

00:01:01.160 Let me conclude by assuring you that American athletes are ready for this global challenge.

00:01:05.660 In fact, we welcome it.

00:01:08.000 But the pursuit of excellence deserves a system that continues to invest in them.

00:01:13.000 Thank you, Mr. President, and to our congressional leaders, to the college administrators,

00:01:17.680 and to the many representatives across the sports industry who are here today,

00:01:21.980 we value your commitment to sport, and we welcome your partnership.

00:01:25.480 Thank you, Mr. President.

00:01:26.460 Thank you very much, Sarah.

00:01:27.900 And we'll conclude with our little early speeches, but we'll hear everybody that wants to.

00:01:34.920 If you have an idea, if you don't have any ideas, maybe you don't bother, okay?

00:01:38.300 But if you have something good, and maybe what we're talking about with the SCORE Act,

00:01:43.300 it seems to have a lot of support, but we'll talk about that.

00:01:47.360 Pete Pavacqua, please.

00:01:49.420 Hey, Mr. President, thanks.

00:01:50.680 Thank you.

00:01:51.320 Thanks for having us all here.

00:01:52.860 And a special thanks on behalf of Notre Dame for your kind words about Coach Holtz.

00:01:57.740 I know he was a dear friend of yours, so we appreciate that.

00:02:01.320 And this meeting is important.

00:02:02.760 It's timely.

00:02:03.660 I think everybody around this table knows that we need help to straighten this out.

00:02:07.560 We need the help of Congress.

00:02:09.920 In this post-House world of NIL and compensation, we're finding ourselves in a situation where

00:02:17.860 college football, particularly men's basketball, women's basketball, but particularly college

00:02:21.840 football, I don't think it's any secret that people understand that so many of the decisions

00:02:25.980 around college sports are driven almost solely by college football.

00:02:30.260 And college football is certainly important to Notre Dame.

00:02:33.220 We make no secret about that.

00:02:35.000 But it's become a runaway financial train.

00:02:37.560 And if it continues to be that way, even the healthiest of universities are going to have

00:02:43.820 to make incredibly difficult decisions, decisions that are going to impact women's sports and 0.80

00:02:50.140 Olympic sports.

00:02:50.920 There's simply no way around that.

00:02:52.800 So we need regulations.

00:02:55.440 We need regulations.

00:02:56.780 We need financial transparency.

00:02:58.860 And we need repercussions.

00:03:00.280 People's feet need to be held to the fire.

00:03:02.560 And I talked to Coach Sabin before we entered into this room, and we were talking about the

00:03:06.540 transfer portal.

00:03:08.080 And Greg mentioned it as well.

00:03:09.400 But when you have young men and women going to three schools in three years, four schools

00:03:13.580 in four years, the student athlete, and they're student athletes.

00:03:18.140 They're not just athletes.

00:03:19.160 And we're forgetting the academic part.

00:03:20.800 We're forgetting the student part.

00:03:22.500 And if you're going to four schools in four years to make a few more hundred thousand dollars

00:03:26.660 on each stop, where when you're 21, 20 years old, you think all your financial troubles have

00:03:32.420 gone away, you're going to find at the end of that college experience, you're not going

00:03:36.280 to have an academic degree.

00:03:38.060 That money that you thought you could rely on for the rest of your life is going to be

00:03:41.260 absent by the time you're 23 or 24.

00:03:43.940 And you're going to have the rest of your life, you're going to find yourself in a very

00:03:47.220 difficult position.

00:03:48.680 So we have to talk about financial transparency.

00:03:50.960 And we have to restate the importance of the student athlete experience.

00:03:56.060 We can't forget that.

00:03:57.320 Because the percentage of people that can go on and play in the NBA, the WNBA, the NFL

00:04:01.940 is extremely low.

00:04:03.520 And it's the importance of that academic degree that you get throughout your student athlete

00:04:07.760 experience.

00:04:08.440 It's going to serve you so well for the rest of your life.

00:04:10.880 And quite frankly, I think if we can agree on regulations with real repercussions, and we

00:04:15.920 go down the road of a free market enterprise where college football continues to be a runaway

00:04:20.160 train financially, I think there's got to be a commitment that if you're going to spend

00:04:24.060 X on college football, and Y on men's basketball, and Z on women's basketball, you should be

00:04:31.100 required to pay some sort of percentage of that to reinvest into your own Olympic movement

00:04:35.900 within your universities.

00:04:37.640 So I think this meeting, as I said, is important.

00:04:40.700 I think we're coming to a point where we're going to be at no return if we don't get our

00:04:44.760 act together and try to speak with one voice and solve this.

00:04:47.780 So thanks again, Mr. President.

00:04:49.320 Thank you very much, Pete.

00:04:52.080 So maybe we have to start with a base, because we, you know, I'd like to say the base should

00:04:58.440 be what we had before, which worked so well for so many years with scholarships.

00:05:03.260 When I heard Charlie say the kind of numbers that was paid in the form mostly of scholarships,

00:05:10.320 that was pretty impressive.

00:05:11.620 But maybe we can't go back.

00:05:15.100 Maybe we have to go forward.

00:05:16.480 And what's happened is sitting here with Jim and some of the people that are talking about

00:05:23.460 the SCORE Act, maybe that should be the base, and maybe we should work off that.

00:05:27.600 But if anybody has any ideas, I mean, I'm just noticing all of the divisions, all of the

00:05:36.340 people that have supported it, including the NCAA, the 31 Division I conferences, 23 Division

00:05:43.660 Division II, 22 Division III, all HBCU conferences, I mean, a lot of, and a lot more than that.

00:05:52.600 So maybe that can be a base.

00:05:54.040 That's the SCORE Act, which I know it's been, Mike has worked on it long and hard.

00:06:00.260 We have a great guy, Jim Jordan, right here, who's a great athlete.

00:06:05.820 He was virtually undefeated in college wrestling, virtually.

00:06:09.500 I don't know.

00:06:10.360 It was probably one bad night, I think, Jim, right?

00:06:13.900 But he was some great athlete, some great wrestler.

00:06:18.760 And that sport is being, you know, torn apart by what's happening right here.

00:06:22.880 Well, it sure helped when you came last year, Mr. President.

00:06:25.280 Sure helped when you were at the NCAA championship last year.

00:06:28.580 Right.

00:06:28.920 So if we could go and if somebody would have some suggestions, Mike, do you like the idea

00:06:35.940 of using this as a base and we work off the base, or would you like to start from ground zero?

00:06:42.600 Well, I think I speak on behalf of the legislators around the table that worked really hard on

00:06:46.180 this SCORE Act and many who have been involved and brought their ideas to the table.

00:06:50.700 Our fear is that if we begin from scratch, I think everyone around the table understands we,

00:06:54.820 this could take a long, long time.

00:06:56.480 A lot of the debate and discussion and deliberation has gone into this.

00:07:00.400 I've got this one-page summary I'm happy to pass around.

00:07:02.800 I assume most people around the table know the basic parameters of the bill and where we are.

00:07:08.980 But the idea would be that if there are, you know, Randy and I were speaking earlier before

00:07:12.620 we came into the Oval Office, there may be some ideas to enhance it or make it better.

00:07:18.220 We want to have the best possible product.

00:07:19.740 I mean, maybe, Mr. President, I think that's a good suggestion we begin from that.

00:07:25.880 For lack of a better idea, if anyone has a better base that we should begin with, we're open to it.

00:07:30.300 But I'm looking at some of my chairmen of the committees of jurisdiction and everybody's worked really hard on this.

00:07:35.580 And our majority leaders down at the end of the table, Steve Scalise, has kind of helped quarterback this, pun intended,

00:07:39.960 to get it through the process.

00:07:42.180 And if you have specific questions about specific points or parts of that legislation, we're happy to answer that.

00:07:49.500 But maybe that's part of the discussion.

00:07:51.200 Maybe we could, maybe the question is, not a rhetorical one, but a question for all of you,

00:07:56.180 does anyone have any big concern about what is currently on the table in the SCORE Act

00:08:00.940 or have ideas on how to improve it?

00:08:02.400 Would anybody oppose, I mean, most of you have studied the SCORE Act more so than I have.

00:08:10.280 Would anybody feel strongly opposed to starting with the base of the SCORE Act, which has gone through a lot?

00:08:17.780 You would oppose it?

00:08:18.860 Go ahead.

00:08:20.180 Well, first, I'm Laurie Trahan.

00:08:21.860 I represent Massachusetts and appreciate being invited to this today.

00:08:27.000 And I'm really happy to hear you talk about women's sports in particular.

00:08:32.400 I played Division I volleyball at Georgetown.

00:08:38.220 That's changed my life.

00:08:40.700 And so really I've spent a lot of time on college sports.

00:08:44.640 And I think I'm the only Democratic legislator in the room.

00:08:49.260 I'm not going to pretend to speak for all of them.

00:08:52.560 But I do think we want to solve college sports as much as everyone here.

00:08:57.560 I think one of the issues that we had with the SCORE Act, I look at this as we've got some revenue issues and governance issues.

00:09:07.360 The SCORE Act in its codifying the House settlement really hurts women in Olympic sports.

00:09:15.380 We've already seen a number of programs cut across the country.

00:09:19.060 So I think we do need a revenue mechanism to save and protect.

00:09:25.020 One, strengthening Title IX has to be part of the SCORE Act as well as ensuring that we are funding those programs.

00:09:33.340 I mean, look, I'm also a mom.

00:09:35.000 I've got a college athlete, you know, son who played lacrosse.

00:09:39.440 I've got another daughter who hopes to call it sports is the lifeblood right now. 1.00

00:09:45.420 People are in their playing sports at record levels at the youth league.

00:09:51.180 If this is any time we should be expanding opportunities for sports, it's right now.

00:09:55.520 And I think one thing that the SCORE Act represented, it was just a consolidation of what we have today,

00:10:02.840 which is the SEC and the Big Ten, no offense, Greg and Tony, but all the money really is going to those two conferences right now.

00:10:11.240 And we need to have, we need to address the revenue issue.

00:10:14.760 I know there's been some proposals as far as modernizing the Sports Broadcasting Act.

00:10:19.040 That could be one.

00:10:20.120 I'm open for discussion on that.

00:10:22.320 And then certainly making sure that we have a strong federal standard for NIL.

00:10:27.000 A patchwork of laws does not work.

00:10:28.640 I couldn't imagine signing my letter of intent and having to study up on every single state law and who offers what.

00:10:37.380 But making sure that we have athletes' voices mandated at the table.

00:10:42.060 They're not here today, so I do feel a responsibility to represent those 560,000 athletes who are not here right now.

00:10:49.860 But making sure that they've got recourse if their NIL rights are violated or not upheld.

00:10:58.640 So, but let me just say again, I would love to work, and maybe the SCORE Act is the right vehicle that we continue to tweak so that it has a path in the Senate as well.

00:11:12.980 I know that there's a lack of consensus on many of the governance issues, but we'd like to solve that with everyone here today.

00:11:20.540 Thank you.

00:11:21.620 Thank you, Mike.

00:11:22.460 You might want to respond to that.

00:11:24.320 Well, there's some good points made there for sure.

00:11:26.400 And I think everybody has the same intention as we want to protect women's sports as well.

00:11:31.360 And I've got two daughters.

00:11:32.740 I would be remiss if I didn't acknowledge that.

00:11:34.500 But with regard to the patchwork of state laws, as many of you probably know, the SCORE Act addresses it because it creates a national NIL standard.

00:11:43.660 And then it allows the associations, the authority to make rules on transfers and compensation caps and the things that are really burdening the system.

00:11:51.740 And then it protects those rules from being challenged under antitrust law.

00:11:56.760 So we create an exemption there for that.

00:11:58.820 So I think there are a lot of thoughts gone into how to address it there.

00:12:02.480 But, I mean, again, we have no pride of authorship here.

00:12:05.100 We want to have the best possible product.

00:12:06.900 So, I mean, the authors of the bill are open to good suggestions.

00:12:11.060 So, we'll go back.

00:12:12.960 Anybody, please.

00:12:15.680 Yes, Steve.

00:12:16.460 Thank you, Mr. President.

00:12:19.400 I appreciate you bringing everybody together because I think we're all here because we have a passion to protect college sports.

00:12:25.700 And we've recognized that with this Wild Wild West mentality, it's not healthy for the future of college athletics.

00:12:33.040 And so, bringing structure back and really bringing the ability for the schools to govern themselves again is what our intention was from the very beginning.

00:12:41.640 We started this a few years ago.

00:12:43.880 I remember Coach Saban came to my office and others.

00:12:46.460 And we started listening to the people that are there at the schools dealing with the problem as payment of students became legal,

00:12:54.760 which happened through legal arguments that, Mr. President, you talked about.

00:12:58.680 Some of these lawsuits that ultimately broke down the framework that Charlie Baker and others were able to use to police college athletics.

00:13:08.060 That's gone now.

00:13:09.220 And so, how do we put that structure back?

00:13:10.940 So, we listened to the schools.

00:13:12.860 We listened to the different conferences, all the different conferences.

00:13:17.940 We talked to a lot of student athletes.

00:13:19.680 We have a number of student athletes in Congress who played different sports, who are co-sponsors of the SCORE Act and came to this from that same approach,

00:13:29.040 saying as somebody who played athletics or somebody who just has a passion.

00:13:33.100 I lived in Tiger Stadium my second year at LSU, you know, in case you're wondering where my leanings are.

00:13:40.320 But I care about the future of college athletics.

00:13:44.120 And when you see a student athlete, as you talked about, Pete, on their sixth school and they're 28 years old, number one,

00:13:53.080 they're not going to have any college credits to be able to graduate.

00:13:57.500 And the idea of being able to get a degree for the 99% who aren't going to play professional sports is just going to be lost.

00:14:03.480 And how can you reestablish that?

00:14:05.260 So, we started putting some things together.

00:14:07.160 We have the antitrust protections in this bill.

00:14:09.940 We protect women's sports in this bill. 0.96

00:14:11.880 We established, Mr. President, that Title IX maintains so that however many men's sports you have,

00:14:17.900 you have to have an equal number of women's sports. 1.00

00:14:20.180 Some schools have a lot of sports.

00:14:22.640 Some schools can only afford a few.

00:14:24.300 But whatever you have, you have to have an equal number of women's sports. 1.00

00:14:27.920 And that's protected in this bill.

00:14:29.600 And obviously, the Olympic sports are protected as well.

00:14:33.560 We also wanted to make sure you could put limits on the transfer portal

00:14:36.760 because that is something that a lot of people get very frustrated when they see,

00:14:40.880 that you just have pure free agency.

00:14:42.940 The professional sports don't even have that.

00:14:45.400 And so you limit with, and again, open to suggestions,

00:14:49.260 but what everybody seemed to come to an agreement on was five total years of playing

00:14:54.540 with one ability to transfer within that.

00:14:57.100 And there's flexibility by the governing organization.

00:15:00.480 So the NCAA can look at a case-by-case.

00:15:02.940 If your father's on life support and you want to transfer to a different school

00:15:07.040 to be close to your family, you can get an additional one.

00:15:09.540 But let the governing body be able to do that again.

00:15:12.760 We put those in the bill, and then we give the financial literacy requirements

00:15:16.860 so that student-athletes have more protections that they currently don't have today.

00:15:20.740 You might be getting that $300,000 or $2 million contract.

00:15:24.220 You might not even know you have to pay taxes on that.

00:15:27.560 And you might run into some real financial problems if you're a 17, 18-year-old kid.

00:15:32.220 We make sure the schools educate the kids on financial literacy.

00:15:36.060 So we put a lot of other things, including health protections,

00:15:38.880 as Commissioner Sankey talked about.

00:15:40.600 So we listen to students.

00:15:42.340 We listen to schools.

00:15:43.660 We listen to all the conferences.

00:15:45.280 All the HBCUs support this bill.

00:15:47.260 And we built a framework, and we built a coalition.

00:15:50.520 We're right now at a point where we've got more than a majority in Congress supporting this bill,

00:15:55.380 including, as the speaker said, double-digit number of Democrats who support this bill.

00:16:00.280 So it's a bipartisan coalition.

00:16:02.040 We absolutely will take more input, but only input that grows the coalition,

00:16:06.880 not detracts from the ability for student-athletes to get that structure that they and the schools need.

00:16:11.980 That's what the SCORE Act does.

00:16:13.240 We want to move on it soon, because I think we all recognize that we can't wait another year

00:16:18.060 and have this Wild Wild West continue, and it will take the Senate some time to start their own process.

00:16:23.680 So I'm expecting we're going to be moving soon, and hopefully the next few weeks,

00:16:28.240 on the SCORE Act in the House, and then keep this conversation going,

00:16:32.360 keep growing this coalition to solve this problem, Mr. President.

00:16:35.620 Thank you.

00:16:36.060 Thank you, Steve.

00:16:36.820 We have to move it quickly.

00:16:38.180 Otherwise, you're going to have another season that's a disaster.

00:16:41.920 And it's not affordable by colleges.

00:16:45.680 Next to you, Steve, you had something to say.

00:16:49.260 Thank you.

00:16:49.720 I did.

00:16:50.060 Thank you, President Trump.

00:16:51.120 My name is Jim Phillips.

00:16:51.980 I'm the commissioner of the ACC.

00:16:53.580 We welcome Kai this fall.

00:16:55.900 I'll be your commissioner, so we'll look forward to seeing you out and watching her play.

00:16:59.100 I went on a college campus 30-some years ago and never left until I became commissioner.

00:17:05.620 And I will tell you, we need your help.

00:17:08.140 We need everybody's help in this room.

00:17:11.780 There are six areas that the SCORE Act is the right piece of legislation.

00:17:16.900 First, as been mentioned, there's a national law versus state legislation and patchwork.

00:17:22.580 We have 37 disparate laws across the country.

00:17:26.120 So what you can do in one state is different than what you can do in another state.

00:17:29.280 That just doesn't work.

00:17:30.200 When you have inter- and intra-state competition, as Greg mentioned so well,

00:17:34.540 the student-athletes want to know that they're lining up against somebody that's abiding by the same rules, NIL, Revshare, and the rest.

00:17:42.980 Second, it's a reaffirmation that these are student-athletes.

00:17:46.920 Not one of the commissioners in this room has had a student-athlete come up to them and say,

00:17:51.840 we would like to be an employee.

00:17:53.760 They're smart enough to understand what that means.

00:17:56.740 Third, limited liability protection.

00:17:59.140 The lawsuits are killing us.

00:18:01.040 They're absolutely crushing college sports.

00:18:03.520 If you don't like a rule, you just go to the local judge, and the local judge deems you eligible.

00:18:10.720 Fourth, degree completion.

00:18:12.640 It's never been better to be a student-athlete.

00:18:15.280 You can come back to school and get a degree.

00:18:17.580 You have a chance to be a pro and you leave early.

00:18:19.780 We want you to come back.

00:18:22.080 Fifth, medical care.

00:18:24.420 The medical care is as good as I've ever seen in my 30 years, ever,

00:18:28.360 and it's mental health as well as physical health and well-being.

00:18:31.120 Finally, the codification of the House case, and I heard the mention of hurting women's sports. 0.99

00:18:39.840 I will say in the ACC, similar to the SEC, Big 12 and Big 10, we have added 942 new scholarships

00:18:47.560 because of the House case.

00:18:48.860 Fifty-six percent in the ACC of those scholarships have gone to women's sports.

00:18:54.380 So the House case has not hurt women's sports.

00:18:56.840 It has not.

00:18:57.700 And the idea that we can sustain this is just not, as been expressed, is just not feasible.

00:19:06.040 So we need your help.

00:19:06.920 We thank you for taking your time and assembling this crew,

00:19:10.640 and we look forward to working together.

00:19:12.280 So the concept of what we're doing with your great experience is a pretty good start.

00:19:19.420 Yeah.

00:19:20.360 If you could pass that around would be great.

00:19:22.500 This is a summary of the SCORE Act, which I think people should see.

00:19:26.880 So you like the concept of what we're doing.

00:19:30.660 Very good.

00:19:31.200 Yeah, it sounds...

00:19:32.060 Yes, sir.

00:19:32.880 Good.

00:19:33.320 Thank you very much.

00:19:34.920 Please.

00:19:35.360 Tim Pranetti, the commissioner of the American Conference.

00:19:39.980 Mr. President, thank you for putting this incredible meeting together.

00:19:44.000 And more personally, thank you for your support of the Army-Navy game.

00:19:47.220 Army-Navy, you're members of the American Conference.

00:19:49.140 That's right.

00:19:49.700 Thank you.

00:19:50.460 Like a lot of people have said in this room, I had the same experience.

00:19:53.780 College football changed my life.

00:19:54.940 I couldn't afford college.

00:19:55.920 I got a scholarship, and it changed everything.

00:19:57.500 And I won't reiterate all the reasons why SCORE makes sense,

00:20:02.800 because there's a lot about it that makes sense.

00:20:05.360 But what we have to remind ourselves, and there's a lot of business people in the room,

00:20:09.300 is we're not solving the economic crisis as part of it,

00:20:13.680 because we are in a real economic crisis in college sports.

00:20:16.760 Like, we have complex challenges.

00:20:18.460 The mission is completely out of focus.

00:20:20.120 This thing was about education through sport.

00:20:22.520 That's what it was supposed to be, to what Coach Saban said.

00:20:25.100 It still is that, so long as we put it back in focus.

00:20:28.900 But we can get through SCORE, create more consistency,

00:20:33.400 because the industry has a lack of consistency from eligibility all the way down the line.

00:20:39.060 But we have to examine other ways to solve the economic crisis.

00:20:42.940 And these things shouldn't impede each other.

00:20:45.620 And I know it is a very hot-wired topic.

00:20:48.740 But looking at the opportunity for the industry to bring together valuable commercial resources in the future,

00:20:55.300 such as unifying their media rights, is something that should be examined.

00:20:59.380 And we're not making that decision today.

00:21:02.140 If the Sports Broadcasting Act can be amended to provide college football,

00:21:06.480 the antitrust protection that the pro leagues have to be able to unify their media rights,

00:21:11.420 that gives the industry an option, which is the important word, in the future.

00:21:17.080 And that's really what the industry will need.

00:21:19.680 This is an expense problem, but there are revenue paths that we haven't ventured down yet.

00:21:25.980 The reality of all this is going to take bold steps.

00:21:28.760 It's going to take guts.

00:21:29.660 And this has become a transactional business where commitment is flying out the window, but it's not everybody.

00:21:37.160 The top 1%, which is how the industry has been designed to serve the top 1%,

00:21:41.620 99 out of 100 student-athletes in our league don't want to be employees, to what Jim Phillips said,

00:21:48.500 and they signed up for a great experience.

00:21:50.600 Like, our responsibility is to make sure we reinforce the mission

00:21:53.640 and create resources around them to have the experience.

00:21:57.060 But that conversation, whatever side of it you're on, should be had

00:22:01.120 to see if there's an option in the future to dramatically improve the economics for the industry.

00:22:06.360 Thank you so much, Mr. President.

00:22:08.240 Well, thank you, and thank you for mentioning the Army-Navy game,

00:22:11.440 because, as you know, I signed an executive order to protect that time slot

00:22:15.980 so that during that, from, like, 3 o'clock to 6 o'clock or 6.30, I guess,

00:22:22.980 we protect that space, that airspace.

00:22:25.620 So nobody can play a football game, and we have the Army-Navy game protected

00:22:30.940 because the kind of money that's being thrown around,

00:22:33.300 they were a little bit concerned that the Army-Navy game,

00:22:36.080 as great as it is, may not do so well.

00:22:39.920 I think it would actually do pretty well, but we protected the time spot anyway

00:22:43.960 so that during that little period of time,

00:22:46.120 it won't have any of this competition where lots of money is being thrown around.

00:22:52.100 I think it was a worthwhile protection because it really is a special,

00:22:56.160 it is a very special time and a special, very special game.

00:23:00.040 So thank you very much.

00:23:01.420 Great job.

00:23:02.740 Anybody else around?

00:23:04.500 Mr. President, can I just, before you?

00:23:06.020 Yes, please.

00:23:06.860 You're being handed a, you're given a handout that just has a quick summary of bullet points

00:23:10.360 of the composition of the SCORE Act for those that aren't familiar with it.

00:23:13.800 And let me just apologize.

00:23:15.820 I think NIL has been abused, and my staff put my name and image on the top of it really big.

00:23:20.020 And that was, it's sort of ironic, if not intended.

00:23:22.620 Sorry about that.

00:23:23.320 You didn't get paid for it.

00:23:23.920 I didn't get paid anything for it.

00:23:25.160 Yeah, yield back.

00:23:28.860 Anybody else, please?

00:23:31.460 Cody, please.

00:23:32.500 Yes, sir.

00:23:33.320 Mr. President, I would like to express my gratitude for your involvement, interest in all of this,

00:23:37.880 and especially, personally, the opportunity to be involved in helping to find the solution

00:23:43.900 because college sports, as many have said, changed my life, you know, made me a better businessman,

00:23:49.940 a better husband, a better father, and made me better at life in general.

00:23:55.700 This is a complex issue.

00:23:57.460 It's multifaceted.

00:23:59.440 There are a lot of different perspectives on how it should be solved.

00:24:03.120 There are a lot of different agendas that are represented in this room.

00:24:06.740 And the SCORE Act is a good start.

00:24:08.880 It gives us a place that we can build on.

00:24:12.040 But as we move into the Senate, the political dynamics are going to change.

00:24:16.680 And many of the agendas that are represented in this room and outside of this room are going to come into conflict with one another.

00:24:24.420 The reality is nobody is going to get everything that they want.

00:24:28.560 You know, if we're going to come to a solution on this, we have to find a place where we're all sort of equally unhappy, so to speak.

00:24:35.500 That's just like any other business deal.

00:24:37.400 And I think what's key is that we are all willing to come to the table and compromise and work together, recognize that the small schools are important, the big schools are important, women's sports are important, Olympic sports are important.

00:24:50.160 It's not just about big-time college football.

00:24:52.920 And so that may require you twisting some arms along the way to make sure that people work together and are willing to give a little bit.

00:25:00.420 And I understand that this whole ecosystem of college sports belongs to all of us.

00:25:04.960 It's a national treasure.

00:25:06.580 It's a public trust, as I've heard Clay Travis say before, and I think it's very accurate.

00:25:11.360 And so it belongs to all the American people, and all the American people should share in it.

00:25:16.560 And so I would just encourage everyone here, and I think that might even be a commitment that you could ask everyone to make,

00:25:22.380 is that they will work together, they are a compromise, come to the table, and be constructive.

00:25:26.500 So, Cody, I know you have worked very hard on this, and frankly, you know, you've been working on it long and hard, maybe harder than anybody else.

00:25:36.140 I've heard your name mentioned more than anybody.

00:25:38.600 Could you use this as a base, and we all get together, maybe as a smaller group, and ultimately report back to the larger group and come up with something?

00:25:48.180 Do you think this is a good base?

00:25:49.660 Yes, sir.

00:25:50.000 I think it's certainly a good base, and it's a great starting point.

00:25:52.660 Again, the dynamics will be different in the Senate, and we'll have to build on it from there.

00:25:57.280 And again, a lot of these tougher issues are going to come to the surface once we get there.

00:26:01.660 But absolutely, we should be in a smaller group that can work on those things and work on the compromise that needs to be made

00:26:08.460 to be able to have a bill that can get 60 votes in the Senate.

00:26:12.280 Is there any way we could go back to the old system, which I thought was fantastic, and do something with some compensation for the players and simplify things so that you'd go back to a scholarship system, plus some compensation, more minimal, but, you know, a lot for a player?

00:26:32.840 I mean, for the most part, they would consider it to be a lot, whether it was $75,000 or $50,000 or maybe more than that.

00:26:43.340 But you go back to that wonderful system that I thought we had until this judge decided to just throw everything out the window.

00:26:52.340 And it's been worked out for years and years, and it was finally honed.

00:26:59.000 And then all of a sudden, we're sitting in this crazy neverland where colleges are losing hundreds of millions of dollars, and in many cases, not even putting out competitive teams.

00:27:09.620 It's incredible.

00:27:11.080 Is there any way that could work?

00:27:12.680 Coach, we were together, and you had some pretty strong ideas.

00:27:17.200 How would you feel about that?

00:27:18.320 You know, as a coach, well, first of all, thanks for having us.

00:27:22.480 Thank you, Coach.

00:27:23.060 I speak on behalf of so many of my former colleagues that I visit them now, and they're a mess.

00:27:28.360 You know, I don't see coaches sticking around longer.

00:27:31.360 You know, the coaches are getting paid very well, so they leave and enjoy their life because what they're dealing with is the loss of a locker room.

00:27:38.740 You take away team, and our country's in trouble.

00:27:41.740 You know, my two girls played college volleyball, and one of the greatest interviews I've ever witnessed is she's at Georgia Tech, and said,

00:27:47.820 I learned so much more on the volleyball court than I ever learned in any classroom, which I agree with.

00:27:53.140 So I actually think it's a simple fix, and it's not simple unless we get antitrust protection because the NCAA, when I was growing up in the profession,

00:28:05.480 if you violated a rule, that was a problem, you'd lose your job, and that was made very clear.

00:28:12.260 Throughout litigation and other issues, the NCAA has become, they don't have subpoena power,

00:28:17.660 and every time they make a decision, they get litigated, and I get it.

00:28:21.720 I mean, I see, I witness it, and as a result, and we know this from some of the policies you put in place,

00:28:28.440 rules without enforcement equals chaos.

00:28:31.960 You don't need new rules.

00:28:33.200 We've got plenty of rules.

00:28:34.380 Enforce them.

00:28:35.660 So if we get antitrust, then you now will not get litigated.

00:28:38.960 And I would eliminate, the only thing I dislike about the SCORE Act is that,

00:28:45.100 and Coach Saban and I have visited about this, Mac Brown and I have visited about this,

00:28:49.380 get rid of the collectives.

00:28:51.360 That's cheating.

00:28:52.200 When donors, so everyone understands what a collective is, donors put money in a pot,

00:28:58.420 it's distributed to players, through the coach and the general manager, according to your talent level.

00:29:03.980 That's not allowed.

00:29:05.400 You're not supposed to do that.

00:29:06.920 That's called pay for play.

00:29:08.740 So there's a revenue share that the universities get through their television contracts,

00:29:13.700 and I know it goes up every year.

00:29:15.160 That's their only financial, that's the only thing they're allowed to do for their student-athletes.

00:29:19.300 They can distribute that however they want.

00:29:20.820 That's still pay for play.

00:29:23.140 But any NIL conversations, which NIL, I think we all got to quit calling at that.

00:29:28.840 It's not name and likeness.

00:29:30.660 These players are getting paid millions of dollars in some of the stories I hear,

00:29:35.660 and they're posting on Instagram for twice, and then they're getting paid $1.5 million.

00:29:41.800 So the NIL, to me, NIL in its purest form is America.

00:29:48.160 It's called capitalism.

00:29:49.520 If you can make money on your name, you should have a right to do that.

00:29:54.020 If you're a gymnast, a volleyball player, a football player, and a car dealership wants to work with you legally in a business world, do it.

00:30:04.960 That's what NIL should be.

00:30:06.960 That's not what it is.

00:30:08.280 So you get rid of the collective, becomes an illegal entity.

00:30:13.780 There's no such thing.

00:30:15.780 Even to this day, that makes my skin curl when I hear a collective.

00:30:20.280 Get the donors out of it.

00:30:21.540 If a business owner wants to hire Jeremiah Smith and pay him a certain amount of money, he's certainly allowed to do that.

00:30:27.880 That's called capitalism.

00:30:29.320 But the universities cannot arrange that and set that up.

00:30:32.620 Universities can simply make sure their kids go to school, make sure they graduate, treat them fairly, make sure the women's sports, the Title IX, I'm all in favor of all that. 1.00

00:30:43.220 But they cannot get involved in the financial marketing of your players.

00:30:48.780 Let the market take care of itself.

00:30:51.540 That's called the market.

00:30:52.580 That's called capital.

00:30:53.440 And the collective, I think if the collective goes away, college sports gets better immediately when you say that, if we have antitrust exemption.

00:31:03.660 You know, it's just sitting around and having watched college sports for so long with no problems, no problems.

00:31:11.160 What this incompetent judge did to this game, knowing nothing at all about sports, about anything that we're talking about today, is a disgrace.

00:31:24.320 And it's going to be a very hard thing to put back together.

00:31:28.000 We'll get it done.

00:31:28.760 But what this person did to college sports is a disgrace.

00:31:35.000 I say it.

00:31:35.660 And we've seen plenty of those type of opinions.

00:31:39.440 I had one recently.

00:31:41.240 And it's gross incompetence, is my opinion.

00:31:44.180 And everybody suffers, including student athletes, including women.

00:31:49.700 Women are really taking the brunt of it, as what you were saying before. 1.00

00:31:54.560 It was so perfect for women. 0.98

00:31:57.100 It was so great for women, the way it was. 0.99

00:31:58.980 And now we have to come up with a whole new scheme to satisfy people.

00:32:04.980 And there are going to be some unhappy people.

00:32:08.600 And it was working before.

00:32:11.480 A person that knew absolutely nothing about sports made a ruling.

00:32:15.860 And she turned the whole thing upside down.

00:32:19.400 And it's really a disgrace. 0.99

00:32:22.080 You want to know the damn disgrace. 0.99

00:32:24.760 But we are where we are. 0.99

00:32:26.180 And we'll figure something out.

00:32:28.480 And it won't be easy.

00:32:30.060 And it won't be as good, in my opinion, it won't be as good as what you had before,

00:32:33.740 including for the students that were getting great scholarships.

00:32:37.500 And, you know, some went on to professional sports.

00:32:40.040 And most of them didn't.

00:32:41.860 But they got great education.

00:32:43.460 They got it for free.

00:32:45.000 And they had a lot of fun going to college.

00:32:47.880 And they learned a lot.

00:32:49.400 And they had great coaches, many of whom are around the table.

00:32:52.560 They learned more from those coaches, in many cases, than they learned in the classroom.

00:32:57.640 So, yeah, I appreciate what you say.

00:32:59.740 And don't forget, when these donors or collectors or whatever you want to,

00:33:03.840 all different names for different people,

00:33:05.720 but as that money comes in, that's also money colleges aren't going to get.

00:33:09.980 You know, they're giving money to players as opposed to giving maybe to the college

00:33:14.680 to keep a lot of colleges going.

00:33:16.740 And that's pretty tough also.

00:33:19.720 But it's just a shame, because I hear I got involved just recently,

00:33:24.540 and I looked at what's happened to colleges and to college sports.

00:33:30.180 And it is colleges, because the colleges are going to go out of business, many of these colleges.

00:33:34.700 When I look at what a person that's a judge was able to do to destroy colleges and college sports,

00:33:43.420 that was so good, no problems, it's very, very sad.

00:33:47.780 And in some ways, I'd like to just go exactly back to what we had

00:33:53.020 and ram it through a court if we have to,

00:33:56.400 because I'm not sure you're ever going to come up with a system

00:33:59.440 that's comparable to what you had.

00:34:02.320 And, you know, in life, you like to get better, not worse.

00:34:05.520 You like to go forward, not backward.

00:34:07.860 No matter what you come up with, you've gone backward,

00:34:10.520 a long way backward in many cases.

00:34:13.100 Mr. Mr. President.

00:34:14.160 Yeah, please.

00:34:15.580 Mr. Mr. President.

00:34:16.260 The world is getting more unstable and chaotic every day.

00:34:23.960 It seems like everywhere you look, there's another crisis, another controversy,

00:34:29.140 another conflict, or just outright catastrophe.

00:34:32.760 You can't control what happens out there, but you can control how you prepare for it.

00:34:38.960 You can make sure that no matter what happens,

00:34:41.300 you have the basics covered in case one of these disasters

00:34:45.000 reaches your doorstep.

00:34:47.500 You know, things like having enough food to eat when the shelves are empty.

00:34:51.440 And when it comes to my family's food security, I trust my Patriot Supply.

00:34:56.560 They've helped millions of Americans get prepared,

00:34:59.040 and they have over 90,000 five-star reviews.

00:35:03.800 Right now, you can get their best-selling three-month emergency food supply kit for $100 off.

00:35:10.020 My Patriot Supply almost never offers a deal like this.

00:35:15.280 To take advantage of it, go to preparewithbannon.com.

00:35:19.420 That's all one word, preparewithbannon.com.

00:35:23.960 This food kit gives you 2,000 calories a day, last up to 25 years.

00:35:29.660 And best of all, it's $100 off for a limited time.

00:35:34.080 Go to preparewithbannon.com and get yours right now.

00:35:38.680 That's preparewithbannon.com.

00:35:41.340 Make sure you know, all one word, preparewithbannon.com.

00:35:46.400 Special deal, $100 off.

00:35:48.740 Do it today.

00:35:49.340 Patriots, listen up.

00:35:52.160 For a limited time, Patriot Mobile is running their Red, White, and Blue Friday promotion.

00:35:56.900 Your once-a-year chance to get a free smartphone

00:35:59.540 just for switching to America's only Christian conservative wireless provider.

00:36:05.340 A brand-new phone, absolutely free while supplies last.

00:36:08.980 For over 12 years, Patriot Mobile has defended faith, family, and freedom

00:36:13.160 while giving you the same or better premium coverage on all three major U.S. networks.

00:36:18.600 Unlimited data, mobile hotspots, international roaming.

00:36:22.800 They do it all.

00:36:23.920 When you switch, you never sacrifice quality or service.

00:36:27.500 Hundreds of thousands have joined the movement

00:36:29.140 because every bill supports the First Amendment, the Second Amendment,

00:36:33.440 the sanctity of life, and our veterans and first responders.

00:36:36.620 Switching is easy.

00:36:38.320 Keep your number.

00:36:39.220 Keep your phone.

00:36:40.300 Or upgrade to that free smartphone today.

00:36:42.560 Their 100% U.S.-based team can activate you in minutes.

00:36:46.680 Go to patriotmobile.com slash Bannon.

00:36:50.120 That's all one word, patriotmobile.com slash Bannon.

00:36:53.660 Or call 972-PATRIOT and use promo code Bannon.

00:36:58.660 Don't wait.

00:37:00.020 This limited time offer won't last.

00:37:01.800 That's patriotmobile.com slash Bannon.

00:37:03.820 Or call 972-PATRIOT with promo code Bannon.

00:37:07.880 You're going to get an East Texas accent,

00:37:11.920 and you're going to get an American citizen on the phone.

00:37:15.280 So join me today.

00:37:16.640 Make the switch today at 972-PATRIOT, promo code Bannon.

00:37:21.740 If you're a homeowner, you need to listen to this.

00:37:24.340 So listen up.

00:37:25.940 In today's artificial intelligence and cyber world,

00:37:29.200 scammers are stealing home titles with more ease than ever.

00:37:33.760 And your equity, the equity in your home,

00:37:36.900 your life savings is the target.

00:37:39.220 Now, here's how it works.

00:37:41.640 Criminals forge your signature on one document. 0.99

00:37:44.080 Use a fake notary stamp.

00:37:46.020 Pay a small fee with your county, and boom.

00:37:50.040 Your home title has been transferred out of your name.

00:37:53.420 Then they take out loans using your equity

00:37:56.140 or even selling your property.

00:37:58.380 You won't even know it's happened

00:38:00.520 until you get a collection or foreclosure notice.

00:38:04.040 So let me ask you, when was the last time you checked your home title?

00:38:10.020 If you're like me, the answer is never.

00:38:13.520 And that's exactly what scammers are counting on.

00:38:16.560 That's why I trust Home Title Lock.

00:38:19.080 Before I met them, I never checked on this.

00:38:21.560 Now I'm safe, and now I'm secure.

00:38:24.560 Use promo code Steve at HomeTitleLock.com

00:38:27.360 to make sure your title is still in your name.

00:38:29.860 You'll also get a free title history report

00:38:33.180 plus a free 14-day trial

00:38:35.660 of their $1 million triple lock protection.

00:38:40.060 That's 24-7 monitoring of your title,

00:38:42.920 urgent alerts to any changes,

00:38:45.240 and if fraud should happen,

00:38:47.020 they'll spend up to $1 million to fix it.

00:38:50.860 Go to HomeTitleLock.com now.

00:38:53.060 Use promo code Steve.

00:38:54.680 That's HomeTitleLock.com.

00:38:57.100 Promo code Steve.

00:38:58.300 Do it today.

00:39:00.160 Do it now.

00:39:02.740 Hi, Ted.

00:39:04.360 I want to thank you and echo the thanks

00:39:06.620 for bringing this group together,

00:39:08.180 and I want to in particular underscore the urgency

00:39:10.900 that we have heard around this table.

00:39:13.740 College sports is in absolute crisis.

00:39:16.940 Every single week,

00:39:18.180 we're seeing another program being canceled.

00:39:21.100 We're seeing another women's team being canceled. 1.00

00:39:23.780 We're seeing Olympic teams being canceled.

00:39:25.780 And the current chaos,

00:39:28.640 if Congress doesn't act,

00:39:31.840 we are very quickly going to be in a world

00:39:34.480 of 30 to 50 college football teams

00:39:37.860 that are basically a mini NFL,

00:39:40.720 and the Division II and Division III schools

00:39:43.360 are going to be left behind,

00:39:44.940 and the millions of college athletes

00:39:47.840 who right now scholarships provide an avenue

00:39:50.380 for them to get an education

00:39:51.620 that they never would have had,

00:39:52.940 that will go away.

00:39:54.540 And that would be an absolute travesty

00:39:56.660 if we let that happen.

00:39:59.000 I will say,

00:40:00.540 several people around this table said,

00:40:02.880 this is a bipartisan issue,

00:40:04.840 and we have bipartisan consensus.

00:40:07.100 I agree it should be a bipartisan issue.

00:40:09.500 But it's worth speaking realistically.

00:40:13.220 The challenge is simple.

00:40:14.300 You asked about the SCORE Act.

00:40:15.520 I think the SCORE Act has many good elements.

00:40:17.400 I think it is a very good first step.

00:40:21.220 But the challenge is,

00:40:22.660 for this to be passed into law

00:40:23.980 and put on your desk,

00:40:25.720 we need 60 votes in the Senate,

00:40:27.540 which means we need at least seven Senate Democrats. 0.94

00:40:31.260 Right now, there are zero Senate Democrats

00:40:33.740 who support the SCORE Act.

00:40:34.900 I've spent the last three years

00:40:37.240 negotiating with Senate Democrats on this issue.

00:40:40.900 And I will say,

00:40:41.560 for some time,

00:40:42.440 we have been to use a football analogy

00:40:44.260 at the two-yard line,

00:40:45.820 but not able to push.

00:40:48.040 And there are interest groups on the left,

00:40:50.940 in particular trial lawyers and unions,

00:40:53.500 that have resulted in Democrat senators

00:40:56.580 that are actively lobbying against the SCORE Act

00:40:59.380 and don't want to see legislation passed.

00:41:01.400 And so my hope,

00:41:02.660 there are a lot of people around this table

00:41:04.500 who care desperately about college sports.

00:41:07.160 My hope is that you speak out to Democrat senators

00:41:11.060 and urge them,

00:41:11.980 let's come together and solve this together.

00:41:15.720 And I think a solution,

00:41:17.060 part of a solution,

00:41:17.900 needs to be on the cost side.

00:41:19.900 And I think part of the solution

00:41:21.120 should be discussing and looking at the revenue side.

00:41:23.020 I think both of those

00:41:23.920 are important parts of a solution.

00:41:26.360 There are a number of Senate Democrats

00:41:27.900 who care about this

00:41:29.120 but have not quite gotten to the point

00:41:31.300 of getting to yes.

00:41:32.320 That's the single biggest challenge.

00:41:34.480 And I think the collective voices around this table

00:41:37.180 adding to the urgency

00:41:39.000 that if we wait another year,

00:41:40.380 if we wait another two years,

00:41:41.980 the programs in your state are going away

00:41:44.700 and the students in your state

00:41:46.160 are losing their scholarships.

00:41:48.300 And it would be an absolute travesty

00:41:49.920 if we let that happen.

00:41:52.000 Mr. President.

00:41:52.900 Thank you.

00:41:53.480 And I want to underscore

00:41:54.060 that sense of urgency on the Senate side.

00:41:55.780 I do think there's a growing number of senators

00:41:57.400 that do understand that

00:41:59.120 if we're here a year from now,

00:42:02.060 we're in a much worse place.

00:42:03.240 If we're here two years from now,

00:42:04.560 college sports looks entirely different

00:42:07.180 and it would be a disaster.

00:42:08.440 So I do think that

00:42:09.240 that growing sense of urgency is important.

00:42:11.040 I do think,

00:42:11.720 I appreciate you convening this.

00:42:13.160 You have unique credibility on this,

00:42:14.700 not just being president,

00:42:15.560 but we've spent time at the Super Bowl,

00:42:17.380 watching the Super Bowl,

00:42:18.400 playing golf.

00:42:18.960 You love sports.

00:42:20.060 You have credibility on it.

00:42:21.080 You care about it.

00:42:21.840 And I think that authenticity matters

00:42:23.440 for the leadership that we need.

00:42:24.920 I do think that if we're serious about this,

00:42:28.540 the antitrust exemption matters

00:42:30.140 for the governance side,

00:42:31.700 but I think the revenue side

00:42:33.080 is inextricably linked

00:42:34.320 to the success of this.

00:42:35.720 If you are losing money on a football,

00:42:37.560 and I'm from Missouri,

00:42:38.980 we love, you know,

00:42:40.040 we're in the SEC.

00:42:40.920 If you're losing money

00:42:41.900 on your football program,

00:42:43.360 you're not going to be able

00:42:44.060 to subsidize the women's sports 0.96

00:42:45.780 and the Olympic sports.

00:42:46.520 So I do think that we can come together.

00:42:48.440 I am hopeful and optimistic

00:42:49.640 by the people who are represented

00:42:51.200 in this room

00:42:51.800 and as we move forward

00:42:52.580 that we can find a solution.

00:42:53.560 We have to.

00:42:54.700 This is not just

00:42:55.720 because we like watching sports on TV

00:42:58.360 why this is important.

00:42:59.200 There are lives

00:42:59.820 that can be changed forever

00:43:01.140 if we do the right thing.

00:43:02.500 And I think you've got

00:43:03.320 the right people in the room

00:43:04.320 and I think you're the right guy

00:43:05.260 to lead this effort

00:43:05.920 and we're here to support

00:43:06.760 those efforts in the Senate.

00:43:09.740 Could I ask Charlie Baker?

00:43:11.320 Charlie, do you think

00:43:12.120 we could come back to a solution

00:43:14.180 or get a solution

00:43:15.280 that was as good

00:43:16.440 as what we had before

00:43:17.660 or almost as good

00:43:19.240 as what we had before

00:43:21.280 or maybe better?

00:43:23.260 I don't think better

00:43:24.000 but maybe.

00:43:25.200 Would you say that's possible, Charlie?

00:43:27.260 You're in the position

00:43:28.520 to be able to tell

00:43:29.940 maybe better than anybody else?

00:43:31.840 Well, I certainly,

00:43:32.580 first of all,

00:43:33.300 I appreciate the question

00:43:37.460 because it's at the end of the day

00:43:38.900 the one we all care about the most

00:43:40.320 which is can we create

00:43:41.720 a system going forward

00:43:43.420 that's better

00:43:43.980 than the one we have now.

00:43:45.200 And I think the focus people,

00:43:49.980 the thing about the SCORE Act

00:43:51.180 that everybody needs to remember here

00:43:52.900 is it's a comprehensive piece

00:43:55.140 of legislation

00:43:55.760 that deals with a whole series of things

00:43:57.960 that I think everybody would agree

00:43:59.680 are a problem.

00:44:02.560 The discussion,

00:44:04.280 the place where the discussion

00:44:05.400 gets a little more complicated

00:44:06.540 is the issue about the cost

00:44:07.720 and the revenue side

00:44:08.560 and the implications

00:44:10.920 of those two issues.

00:44:12.340 And if I were to say to this group,

00:44:13.980 where's the place to go,

00:44:16.800 it would probably be there.

00:44:17.980 And do I think

00:44:18.640 if you could get that resolved,

00:44:19.980 you could create something

00:44:20.880 that most people would view

00:44:21.980 as better than what we had before?

00:44:25.440 I think you'd certainly

00:44:26.500 be heading in that direction.

00:44:27.740 The big thing we all have

00:44:29.040 to remember here

00:44:29.760 is that the way it was before,

00:44:33.840 and I'm almost 70,

00:44:36.980 so I remember those days

00:44:38.760 quite well.

00:44:40.380 sports and media

00:44:44.260 played a completely different role

00:44:45.960 in our society

00:44:46.780 than the one they play now.

00:44:48.800 And the money piece

00:44:50.340 in particular

00:44:50.960 has got to be part

00:44:52.600 of the conversation,

00:44:53.620 and that's got to involve

00:44:54.760 the student-athletes.

00:44:55.980 And your point,

00:44:56.680 Mr. President,

00:44:57.340 about coming up

00:44:58.680 with a more structured way

00:44:59.680 of dealing with that

00:45:00.520 I think is a good one,

00:45:01.700 but that's got to be part

00:45:02.860 of the dialogue

00:45:03.580 for the same reason

00:45:04.780 that the revenue piece

00:45:05.920 has to be part

00:45:06.600 of the dialogue as well.

00:45:09.440 So much money was paid

00:45:11.400 to students

00:45:12.720 in the form of scholarships.

00:45:15.440 What was the exact number

00:45:16.900 that you said, Charlie, before?

00:45:18.600 4.1 billion last year.

00:45:20.320 4.1 billion was paid

00:45:21.780 to the students

00:45:22.420 in the form of scholarships,

00:45:24.080 and everybody was happy.

00:45:27.060 Everybody was happy.

00:45:28.680 And now you got yourself a mess.

00:45:30.520 And I think you should

00:45:34.720 just go back

00:45:35.580 to where you have

00:45:37.060 and let some judge

00:45:38.160 tell you you can't do it,

00:45:39.520 and you appeal it up,

00:45:41.000 and you win at some point,

00:45:43.140 because I think what you had

00:45:44.580 was a great system,

00:45:45.740 4.1 billion dollars.

00:45:48.180 Everybody was happy.

00:45:50.320 Now you have a thing

00:45:51.600 that you're never going to say.

00:45:52.580 You have a jigsaw puzzle

00:45:53.740 that's not going to be

00:45:54.660 put back together.

00:45:57.000 And colleges are going

00:45:58.220 to go out of business.

00:45:59.040 And I think you go back,

00:46:03.180 and the players

00:46:04.100 that got the $12 million,

00:46:05.760 a 17-year-old quarterback,

00:46:07.220 they got $12 million.

00:46:08.240 One got $14 million.

00:46:10.060 I hear they're negotiating

00:46:11.120 one at $18 million.

00:46:14.580 They don't know

00:46:15.400 if he's got an accurate arm,

00:46:16.520 but he's got a strong arm, coach.

00:46:19.160 Accuracy counts, too.

00:46:20.520 They have no idea

00:46:21.300 they're going to give him

00:46:21.860 $18 million.

00:46:23.760 And you know what?

00:46:24.800 Those guys that already

00:46:25.880 signed contracts,

00:46:26.780 you know what?

00:46:27.260 Call that the lotto.

00:46:28.120 They hit the jackpot.

00:46:29.860 Let them have their money.

00:46:30.720 You can't do anything about it.

00:46:32.560 But I'd like to see,

00:46:33.900 and I tell you,

00:46:35.340 I just don't think

00:46:36.300 it's right

00:46:37.000 that a judge is allowed

00:46:38.880 that knows nothing,

00:46:40.140 is allowed to destroy

00:46:41.360 college sports

00:46:43.020 and colleges.

00:46:45.080 And I'd like to see you

00:46:46.260 go back to where you were,

00:46:48.440 enhance it a little bit

00:46:49.600 through some compensation,

00:46:52.820 and let them take you to court,

00:46:55.780 because no matter what you do,

00:46:57.000 you're going to be sued.

00:46:57.840 You can do 100,

00:46:59.280 you could give everybody everything,

00:47:01.560 and you're going to end up

00:47:02.540 back in court,

00:47:03.520 and you'll probably have a judge 0.86

00:47:05.660 that doesn't know a damn thing. 0.92

00:47:08.340 And it's a mess. 0.97

00:47:10.840 It's a mess.

00:47:12.880 And I don't know whether or not

00:47:14.260 that decision was appealed.

00:47:15.720 Was that decision ever appealed?

00:47:18.000 Does anyone know?

00:47:19.020 Because I heard

00:47:22.640 it was not appealed.

00:47:24.080 I believe the House settlement

00:47:25.360 is being litigated now

00:47:27.980 because it violates the title.

00:47:28.800 No, but was it appealed,

00:47:29.880 the decision?

00:47:30.900 The House settlement,

00:47:32.940 I think...

00:47:33.240 The original decision

00:47:34.480 by the judge from California,

00:47:36.240 was that appealed?

00:47:38.460 Oh, okay.

00:47:40.100 I'm sorry.

00:47:40.520 I misunderstood.

00:47:41.960 Yeah, the answer is no.

00:47:43.020 It was settled

00:47:43.600 because it was,

00:47:44.640 I think, the third case...

00:47:45.160 Why didn't somebody appeal it?

00:47:46.440 Well, the prior case,

00:47:48.280 which is Alston versus the NCA,

00:47:49.840 was appealed to the Supreme Court,

00:47:51.300 and the Supreme Court

00:47:52.100 found 9-0 against the college position

00:47:54.280 to defend the old system.

00:47:56.460 So that's...

00:47:57.560 I think the answer is

00:47:58.660 the antitrust piece

00:47:59.740 is the inherent problem

00:48:01.240 in trying to create caps and limits.

00:48:03.800 That's it.

00:48:04.360 So the Supreme Court

00:48:05.460 was responsible for this?

00:48:07.840 Gee, that surprises me.

00:48:09.020 I'm not the one

00:48:09.600 who's going to say that.

00:48:10.580 I'm not bold enough to say that,

00:48:12.320 but I'll at least acknowledge the process.

00:48:13.820 9-0.

00:48:14.820 9-0.

00:48:15.340 Was the Supreme Court

00:48:16.600 responsible for this?

00:48:17.980 9-0 and Kavanaugh supported.

00:48:21.300 That's a shame.

00:48:22.960 It's a shame.

00:48:23.520 Yes, sir, please.

00:48:24.920 Mr. President,

00:48:25.920 thank you for bringing

00:48:26.780 this esteemed group together.

00:48:28.780 I have a bit of a unique perspective

00:48:30.560 because for most of my career,

00:48:32.240 I was in professional sports.

00:48:34.000 I became the commissioner

00:48:35.240 three and a half years ago.

00:48:37.500 I found a system

00:48:39.160 that quickly was defined

00:48:41.400 by unlimited free agency

00:48:42.880 and no salary cap

00:48:43.980 in complete chaos.

00:48:46.600 I am,

00:48:48.080 and representing the Big 12,

00:48:49.540 we are very much in favor

00:48:50.880 of the SCORE Act.

00:48:52.600 I like to say

00:48:53.480 it's progress over perfection.

00:48:55.980 And it provides,

00:48:58.100 no different than

00:48:58.800 what Commissioner Phillips said,

00:49:00.160 the core principles

00:49:01.040 of what we need

00:49:02.220 to move this thing forward.

00:49:03.700 One thing that we didn't discuss

00:49:04.980 so far today

00:49:05.680 was athlete protection rights,

00:49:07.720 which is obviously part

00:49:08.900 of the SCORE Act.

00:49:10.260 And there's a component there

00:49:12.220 about regulating sports agents

00:49:14.180 that we need to really look at.

00:49:17.920 Now, I know we have some agents

00:49:19.240 in the room,

00:49:19.960 and I have a lot of respect

00:49:21.240 for that industry.

00:49:22.860 But right now,

00:49:24.820 they are taking full advantage

00:49:26.240 of our student athletes.

00:49:28.060 Usually in the NBA

00:49:29.260 or the NFL,

00:49:30.120 it's a three to four,

00:49:30.980 maybe five percent commission.

00:49:32.660 In some cases,

00:49:33.460 they're charging over 20.

00:49:35.320 We talked about the portal.

00:49:36.660 Most agents are pushing

00:49:38.860 our student athletes

00:49:39.700 into the portal,

00:49:40.480 and the recent numbers

00:49:41.860 show that over 40 percent

00:49:43.100 don't even find a home

00:49:44.220 once they get into the portal.

00:49:46.880 And because they're being

00:49:48.120 pushed into the portal,

00:49:49.900 and Mr. Sankey said it earlier,

00:49:51.980 they're losing credits

00:49:53.540 towards their degrees.

00:49:55.540 So we have a problem

00:49:56.780 on our hands, obviously.

00:49:58.420 And I don't believe

00:49:59.580 in perfection.

00:50:01.240 I do believe in progress.

00:50:02.560 And I think the SCORE Act

00:50:04.240 is a great first step

00:50:05.780 for us to move forward.

00:50:07.920 And on behalf

00:50:08.700 of the Big 12 Conference,

00:50:09.900 we are all in favor of it,

00:50:11.480 and we'd like to see

00:50:12.600 a sense of urgency.

00:50:13.920 We need something done soon.

00:50:16.420 Because if not,

00:50:17.740 you know,

00:50:18.000 our university's going to suffer,

00:50:19.280 our student athletes will suffer,

00:50:20.660 and we need help.

00:50:21.800 So we appreciate you

00:50:23.000 bringing us together today.

00:50:24.140 Well, it's an honor to do it.

00:50:24.600 I just hate to see

00:50:25.460 what you're going through.

00:50:26.360 I hate to see what's happening

00:50:27.480 to our great,

00:50:28.760 to our country, essentially,

00:50:30.420 because this is our country.

00:50:31.520 This is the youth

00:50:32.220 of our country,

00:50:32.880 and it's a terrible thing

00:50:34.620 that's happening

00:50:35.260 because, you know,

00:50:36.540 these crazy payments

00:50:38.700 that are being made to,

00:50:40.020 colleges are not going 1.00

00:50:41.780 to be able to help themselves,

00:50:43.180 just like the NFL owners

00:50:44.740 would not be able

00:50:45.540 to help themselves

00:50:46.780 if they didn't have a cap.

00:50:48.660 But you have a much bigger problem

00:50:50.440 than a cap.

00:50:51.360 And you have a complexity problem.

00:50:53.840 And you have a problem

00:50:55.040 where women 0.97

00:50:55.680 are being thrown out of sports,

00:50:58.720 like at levels

00:51:00.020 never seen before.

00:51:01.740 And you're going to have

00:51:02.680 other things that come up

00:51:03.820 that nobody's even thinking

00:51:05.000 about right now.

00:51:06.800 And you're not going to be able

00:51:08.900 to solve these problems.

00:51:10.980 You're just not going to be able

00:51:12.100 to solve these problems.

00:51:13.300 You know, Ted said something

00:51:14.320 before that the Democrats,

00:51:16.120 I think Eric was alluding to it,

00:51:18.160 but you have a lot of Democrats

00:51:19.760 in the Senate that I hear

00:51:21.040 are opposed to almost anything.

00:51:23.260 So if you do,

00:51:24.400 and I have to deal

00:51:25.060 with these people all the time,

00:51:26.900 okay?

00:51:28.080 You saw them the other night.

00:51:29.920 They wouldn't stand up

00:51:31.000 for a soldier

00:51:32.760 that was a great hero

00:51:33.980 and got the Congressional Medal of Honor.

00:51:36.700 They sat there.

00:51:37.400 They wouldn't stand up.

00:51:38.400 They wouldn't even smile.

00:51:39.500 They wouldn't clap.

00:51:41.400 For a woman that lost her daughter

00:51:43.440 whose throat was slashed,

00:51:45.020 they wouldn't stand up.

00:51:46.380 They sat and they didn't stand up.

00:51:48.380 They didn't do anything.

00:51:49.860 And we have to deal

00:51:50.580 with these people.

00:51:51.360 But, Ted, you said

00:51:52.200 that there are seven Democrats

00:51:53.440 that will not vote yes.

00:51:56.040 Eric, you know the situation

00:51:57.400 better than almost anybody

00:51:59.400 in the room,

00:52:00.940 except maybe me.

00:52:02.060 I have to deal with it

00:52:02.940 even more than you.

00:52:04.660 But, you know,

00:52:05.480 if you've got all these

00:52:06.360 hardline Democrats

00:52:07.720 that want to see everything fail,

00:52:10.720 it's a problem.

00:52:11.640 You know for a fact

00:52:12.540 these people would vote no?

00:52:13.640 We need at least seven

00:52:16.040 who will get to yes

00:52:17.080 because that's how we get to 60.

00:52:19.160 Right now,

00:52:19.980 the SCORE Act has zero.

00:52:22.500 So I'm glad the House

00:52:24.160 is moving it

00:52:24.940 and they've got some Democrats

00:52:26.140 in the House.

00:52:26.860 That's beneficial.

00:52:27.820 And I think when the House

00:52:28.620 passes it,

00:52:29.860 that momentum is helpful.

00:52:31.820 And there are a number

00:52:32.520 of Senate Democrats,

00:52:33.440 I mean I've spent literally

00:52:34.320 thousands of hours

00:52:35.580 negotiating with my Democrat colleagues.

00:52:37.740 And there are a number

00:52:38.720 who want to address it,

00:52:41.000 but it is their political leadership

00:52:44.320 that is telling them to stop.

00:52:46.080 And so what has got to happen

00:52:49.240 is the folks in each of the states

00:52:50.960 need to say to your elected Democrats,

00:52:53.360 if you don't act,

00:52:54.780 we're going to lose

00:52:55.860 what is so extraordinary

00:52:57.120 about college sports.

00:52:59.120 And it needs to be something

00:53:00.860 that is in the middle

00:53:01.640 that's a compromise.

00:53:02.140 Ted, you've already lost it.

00:53:04.100 You've already lost it.

00:53:05.540 Colleges are losing 1.00

00:53:06.460 four or five hundred million dollars.

00:53:09.420 And they haven't even started yet.

00:53:12.620 So you've already lost it

00:53:14.180 in the true sense.

00:53:15.560 And you've lost something else.

00:53:17.200 It's like,

00:53:18.700 it's ugly what's happened

00:53:20.380 to sports in college.

00:53:21.580 Before it was beautiful.

00:53:22.720 It was a beautiful thing.

00:53:23.840 And now it's very ugly.

00:53:25.380 It's become very ugly.

00:53:27.580 And I think you're right.

00:53:28.880 You're going to have people

00:53:29.480 that will never vote for anything

00:53:30.940 no matter what you agree.

00:53:31.900 You could agree to everything

00:53:33.200 that's perfect

00:53:33.940 and they will never vote

00:53:35.800 and I'm not

00:53:37.500 I'm not doing this as a

00:53:39.780 I'm doing this

00:53:40.420 as a practical person.

00:53:42.320 No matter what you agree to,

00:53:44.200 you have people in the Senate

00:53:45.760 and in the House

00:53:46.680 that will never vote for it,

00:53:49.120 even if it's good for our country,

00:53:50.820 even if it's great for the player,

00:53:52.500 great for the college

00:53:53.420 and great for our country.

00:53:54.860 And they will still vote no

00:53:56.600 because they're cuckoo.

00:53:59.580 They've got problems.

00:54:01.700 Maybe it's problems at home, Cody,

00:54:03.740 but they have problems.

00:54:05.840 So that gives us problems.

00:54:08.040 And I think what I'm going to do

00:54:09.920 is I'm going to sit down

00:54:12.120 with some of the people

00:54:13.060 in this room,

00:54:14.580 like Urban,

00:54:17.600 like Coach,

00:54:20.660 a very fine coach, Nick,

00:54:22.300 who won a lot.

00:54:23.360 You won a lot.

00:54:24.600 How many?

00:54:25.220 Six national championships?

00:54:27.780 You could have done better.

00:54:29.040 You had a couple of games.

00:54:29.860 Did you win seven?

00:54:31.620 What are you, six?

00:54:32.780 Seven.

00:54:33.500 Seven.

00:54:34.900 All right.

00:54:35.340 So I think he qualifies, right?

00:54:37.240 But I'd like to sit down

00:54:39.040 with some of the very talented people

00:54:41.320 in this room

00:54:41.980 and we'll pick them out

00:54:43.020 if you'd like to volunteer,

00:54:44.480 volunteer.

00:54:45.580 And I'd like to sign

00:54:46.940 an executive order

00:54:49.020 that I'll write myself

00:54:51.080 based on common sense.

00:54:52.800 And it'll be something

00:54:55.740 that people will be

00:54:57.000 sort of happy about.

00:54:58.620 Some will be

00:54:59.760 sort of happy.

00:55:01.400 Others will be

00:55:02.160 sort of happy.

00:55:03.800 And maybe

00:55:05.040 that's a good thing.

00:55:07.800 There'll be a few people

00:55:08.720 that won't like anything.

00:55:10.380 But

00:55:10.940 I'd like to write

00:55:12.600 an executive order

00:55:13.760 based on some of the

00:55:14.960 very great talent

00:55:15.880 in this room.

00:55:17.600 And we will be sued

00:55:19.120 and we'll go before a court

00:55:20.620 and maybe,

00:55:22.040 maybe we'll have a judge

00:55:23.540 that's realistic,

00:55:25.420 reasonable,

00:55:26.120 and wants to do a favor

00:55:27.760 for the country

00:55:28.520 because that's the only way

00:55:29.740 this is going to be solved.

00:55:31.580 So I'm going to sit down

00:55:33.100 and I'm going to write

00:55:34.500 an executive order

00:55:35.480 based on many

00:55:36.600 of the statements

00:55:37.200 made today,

00:55:37.860 many of the statements

00:55:38.660 I've been hearing

00:55:39.240 over the last year

00:55:40.900 about what a disaster

00:55:42.720 this is for colleges,

00:55:44.140 for the players,

00:55:44.780 for the families,

00:55:46.380 ruining families,

00:55:47.280 ruining everything.

00:55:49.140 And

00:55:49.580 we're going to do

00:55:50.980 a very

00:55:51.700 well thought out

00:55:54.120 executive order.

00:55:56.840 A lot of you

00:55:57.660 are going to be involved

00:55:58.460 in that.

00:55:58.960 All of you,

00:55:59.580 anybody that would like to,

00:56:00.900 just let me know.

00:56:02.820 And

00:56:03.260 that'll be placed

00:56:05.180 before the courts

00:56:06.080 and hopefully a judge

00:56:07.500 who's a real judge,

00:56:09.820 a compassionate judge,

00:56:11.240 and a judge with common sense

00:56:12.860 will get it approved.

00:56:14.780 And maybe it won't.

00:56:16.040 And maybe it won't hold up.

00:56:17.220 Maybe they'll say

00:56:17.880 you can't do

00:56:18.700 an executive order,

00:56:19.720 in which case

00:56:20.360 you say,

00:56:21.660 welcome to the court system

00:56:23.000 of this country,

00:56:23.960 which has gone

00:56:25.260 totally out of control,

00:56:28.060 totally out of control.

00:56:30.840 And maybe not.

00:56:32.380 But that's the only way

00:56:33.660 you're going to get this done.

00:56:34.980 So I'm going to write

00:56:36.160 an executive order

00:56:37.660 and the executive order

00:56:39.460 is going to be based

00:56:40.280 on great common sense

00:56:41.760 and it's going to let

00:56:43.180 colleges survive

00:56:44.380 and players survive

00:56:45.760 and let a lot of people

00:56:47.320 be very,

00:56:47.940 very happy.

00:56:49.460 And

00:56:49.880 let's see if we can get it

00:56:51.580 through the court system,

00:56:52.520 which we might not

00:56:53.320 be able to do.

00:56:54.540 In which case,

00:56:55.880 I guess we'll have to

00:56:57.480 meet again

00:56:58.100 and

00:56:59.180 we'll probably be through

00:57:01.000 the same system.

00:57:02.080 Look,

00:57:02.980 if this doesn't work,

00:57:05.080 colleges are going

00:57:05.880 to be destroyed.

00:57:07.360 Women's sports

00:57:08.120 are going to be destroyed

00:57:09.100 first before anything,

00:57:10.780 before anybody,

00:57:11.840 before anything.

00:57:13.040 Women's sports

00:57:13.800 are already being cut

00:57:14.980 in every college.

00:57:16.920 The first thing

00:57:17.620 they're cutting,

00:57:18.180 which is very unfair,

00:57:20.280 is women's sports. 0.91

00:57:21.700 And then they're cutting

00:57:22.740 lesser sports.

00:57:24.260 Sports that are

00:57:24.920 very good sports,

00:57:26.720 great sports,

00:57:27.560 are being cut.

00:57:29.200 And you're going to be

00:57:30.140 left with football

00:57:31.160 and the football

00:57:32.240 is going to lose

00:57:32.840 so much money

00:57:33.860 that the colleges

00:57:35.080 are all going to go

00:57:36.080 bankrupt.

00:57:36.860 All because of a bad

00:57:38.560 number of decisions

00:57:40.180 made by courts,

00:57:41.640 including,

00:57:42.380 I guess,

00:57:43.200 the Supreme Court.

00:57:44.100 If you say it was a

00:57:45.100 bad decision

00:57:46.180 in the Supreme Court.

00:57:47.780 I think the Supreme Court

00:57:49.380 ought to be ashamed

00:57:50.280 of itself for a lot

00:57:51.240 of reasons,

00:57:51.880 okay?

00:57:52.320 A lot of reasons.

00:57:53.220 I've got to live

00:57:53.720 with these people

00:57:54.420 and I say this

00:57:56.000 and they'll only vote bad

00:57:57.240 and I couldn't care

00:57:58.620 less at this point.

00:57:59.780 They have hurt

00:58:00.460 this country so badly

00:58:01.780 because they haven't

00:58:03.200 had the guts

00:58:03.840 to do what's right.

00:58:05.740 So,

00:58:06.340 and I can tell you

00:58:06.960 about other things too,

00:58:08.000 not just this.

00:58:09.500 So,

00:58:10.040 we're going to do

00:58:10.540 an executive order

00:58:11.560 and I think it's going

00:58:12.380 to be an executive order

00:58:13.780 that the people

00:58:14.600 in this room

00:58:15.460 and the students

00:58:17.540 and the colleges

00:58:19.000 will be proud of.

00:58:20.400 Whether or not

00:58:21.220 it holds up in court,

00:58:22.380 I can't tell you that.

00:58:23.840 But you're not going

00:58:24.780 to get it through

00:58:25.300 the Senate

00:58:25.820 and you're probably

00:58:27.060 not going to get

00:58:27.720 anything through the House

00:58:28.840 because you have 1.00

00:58:29.960 a bunch of lunatics 1.00

00:58:30.980 that you have to deal 1.00

00:58:31.940 with, Mike,

00:58:32.500 and better you than me.

00:58:34.340 Go ahead.

00:58:35.260 Well,

00:58:36.140 I applaud the effort

00:58:38.100 for an executive order

00:58:38.940 and I think everybody

00:58:39.540 around the table

00:58:40.160 is grateful for that.

00:58:41.860 Might I suggest,

00:58:42.680 Mr. President,

00:58:43.140 that while you're using

00:58:44.320 the Article 2 authority,

00:58:46.360 that we still work

00:58:47.100 in the lane

00:58:47.540 of Article 1,

00:58:48.900 the playbook

00:58:49.900 has to be wider

00:58:50.620 than that I think.

00:58:51.500 And so,

00:58:51.820 what I would suggest

00:58:53.020 and humbly

00:58:54.000 before everyone here

00:58:54.900 is that we take,

00:58:56.520 I think almost everyone

00:58:57.660 around the table

00:58:58.200 we've heard today

00:58:58.900 believes that at least

00:59:00.060 the SCORE Act

00:59:01.020 is a base to work from.

00:59:03.300 Can we still continue

00:59:04.560 to try to work through that?

00:59:05.580 We do have some

00:59:06.340 Democrat support

00:59:07.160 and as was said,

00:59:07.960 we've got some fine points

00:59:09.320 to get to.

00:59:09.620 We'd love to work

00:59:10.240 with you on it.

00:59:11.000 Okay.

00:59:11.680 And what I think is

00:59:13.480 and what I was hopeful for

00:59:14.680 is that the leaders

00:59:15.820 around this table

00:59:16.760 representing such a broad

00:59:18.540 array of interests

00:59:20.080 and groups around the country

00:59:21.400 and both parties

00:59:23.080 that the influence,

00:59:24.320 collective influence

00:59:25.080 I hate the word

00:59:25.860 collective, Coach Meyer.

00:59:27.100 I'm sorry.

00:59:27.420 I keep saying

00:59:27.660 but the influence

00:59:29.560 of all the people

00:59:30.100 around this table

00:59:30.700 could help us get

00:59:31.820 some of those critical

00:59:32.800 Democrat votes

00:59:34.300 in the Senate.

00:59:34.960 And I don't think

00:59:35.440 we should or could

00:59:36.600 abandon that effort.

00:59:37.460 We try it.

00:59:38.300 I'm an optimist.

00:59:39.040 I think you go both ways.

00:59:40.400 Yes.

00:59:40.680 Let me do an executive order.

00:59:42.960 You go ahead

00:59:43.620 and play games

00:59:45.080 with these people.

00:59:45.960 Okay.

00:59:46.440 Okay?

00:59:46.960 We'll give it

00:59:47.280 the quarterback effort.

00:59:48.180 Give it a shot.

00:59:49.200 And maybe the fact

00:59:50.320 that we do the one

00:59:51.120 helps you get the votes

00:59:52.120 in the other.

00:59:52.960 Okay?

00:59:53.400 Right.

00:59:53.560 Does that sound

00:59:54.580 okay, Randy?

00:59:56.040 Yeah, I think so.

00:59:57.580 And I think

00:59:58.380 at the end of the day,

00:59:59.260 Mr. President,

01:00:00.620 as you've heard here,

01:00:02.160 we need an antitrust exemption.

01:00:04.380 And the only people

01:00:05.520 who can do it

01:00:06.280 are the Congress.

01:00:08.500 And I heard

01:00:09.860 from all the senators

01:00:10.760 and the representatives.

01:00:12.500 And I agree

01:00:13.500 the SCORE Act

01:00:14.220 is a start.

01:00:15.020 But with your leadership,

01:00:16.200 I really do believe

01:00:17.360 we can move the ball.

01:00:18.800 I have ideas.

01:00:20.020 Brilliant people here

01:00:20.900 have ideas

01:00:21.620 where we can add on it.

01:00:23.500 And based on

01:00:24.600 my conversations

01:00:25.520 with Democrats,

01:00:27.840 I think they want

01:00:28.620 to do this.

01:00:29.320 I think the Congresswoman

01:00:30.300 said that.

01:00:31.140 And I think that

01:00:31.920 there's a way

01:00:32.940 to do this.

01:00:33.900 And your executive order,

01:00:36.640 again,

01:00:37.140 showing leadership,

01:00:38.180 stepping out,

01:00:39.000 is good.

01:00:39.780 But I think

01:00:40.480 we go on both.

01:00:41.140 Don't forget,

01:00:41.700 the executive order

01:00:42.620 can then be put

01:00:43.520 before Congress

01:00:44.520 and Congress

01:00:45.340 can vote on it,

01:00:47.120 change it a little bit,

01:00:48.140 vote on it.

01:00:49.160 But I'm looking

01:00:50.060 to do it straight

01:00:51.080 and let Congress

01:00:52.760 go a different path.

01:00:54.780 And, you know,

01:00:56.700 you may get a judge

01:00:57.980 that understands

01:00:59.560 what's happening

01:01:00.240 and you may get

01:01:01.320 some very good opinions

01:01:02.320 coming out

01:01:02.840 of a very smart judge

01:01:03.980 who will be loved

01:01:05.080 all over our country

01:01:06.180 as opposed to hated

01:01:07.720 and disrespected.

01:01:09.560 So that's it.

01:01:10.560 So, Randy,

01:01:11.020 could I ask you

01:01:11.760 to do the following?

01:01:13.600 Either a sampling

01:01:14.640 or get everybody

01:01:16.380 in some form

01:01:17.540 come up

01:01:19.020 with a proposal,

01:01:20.900 play with the SCORE Act

01:01:22.880 or do something

01:01:23.640 different than the SCORE Act

01:01:24.820 but maybe you use

01:01:25.620 the SCORE Act

01:01:26.140 as a base.

01:01:27.220 I separately will

01:01:28.360 get some of the people

01:01:29.700 in this room

01:01:30.320 and we're going to do

01:01:31.040 a really good

01:01:31.900 executive order

01:01:32.680 and maybe Jim

01:01:34.200 will put that

01:01:34.800 executive order

01:01:35.600 in front of the Senate

01:01:37.340 and the House

01:01:38.100 and who knows,

01:01:39.700 maybe we get a vote

01:01:41.420 and maybe we don't

01:01:43.280 but I'm talking about

01:01:45.640 not even going

01:01:46.360 before the Senate

01:01:47.200 and the House,

01:01:48.080 just having an executive order

01:01:49.640 where we'll be sued

01:01:51.460 and we'll go before the courts

01:01:53.300 and here we go again.

01:01:54.760 But I think at the same time

01:01:56.020 you go down a separate track.

01:01:57.720 Is that all right?

01:01:58.580 Okay?

01:01:59.660 Is that okay?

01:02:00.880 Good.

01:02:02.560 Other than that,

01:02:03.520 we've had a great time.

01:02:04.400 The press will take

01:02:07.360 one or two questions.

01:02:08.700 Please.

01:02:10.140 Thank you, President Trump.

01:02:11.800 It sounds like

01:02:12.780 the Russians

01:02:13.740 are helping Iran

01:02:15.320 target and attack

01:02:16.820 Americans now.

01:02:18.280 That's an easy problem

01:02:19.640 compared to what

01:02:20.540 we're doing here.

01:02:22.280 But can I be honest?

01:02:24.840 It's just

01:02:25.500 I have a lot of respect

01:02:27.320 for you.

01:02:28.640 You've always been

01:02:29.540 very nice to me. 1.00

01:02:30.360 What a stupid question 1.00

01:02:31.420 that is to be asking 1.00

01:02:32.380 at this time.

01:02:33.820 We're talking

01:02:34.480 about something else.

01:02:35.500 Can we keep this

01:02:36.360 maybe a little bit

01:02:38.220 go ahead, please.

01:02:39.640 Thank you, Mr. President.

01:02:41.080 My question is for

01:02:42.520 eligibility.

01:02:44.580 As you know,

01:02:45.140 my son, Joe,

01:02:47.380 is a high-level

01:02:48.160 D1 athlete,

01:02:49.280 third-year

01:02:49.840 relief pitcher,

01:02:51.120 University of Maryland.

01:02:52.220 How would I know that?

01:02:53.280 We're very involved.

01:02:54.000 He said that.

01:02:54.600 You know what the name is?

01:02:56.660 I've told you that.

01:02:57.280 That's all right.

01:02:58.000 Thank you.

01:02:58.420 But the eligibility thing

01:03:01.060 is a disaster

01:03:02.740 in the NCAA.

01:03:04.980 You have

01:03:05.740 the redshirt system.

01:03:09.400 You have the medical system.

01:03:11.060 It's all being scanned.

01:03:13.060 And in a week or two,

01:03:15.200 division,

01:03:16.300 the second division,

01:03:17.660 D2,

01:03:18.580 is passing a blanket

01:03:20.000 five-year eligibility

01:03:21.980 without medical,

01:03:23.580 without redshirt.

01:03:24.560 Just a five-year eligibility.

01:03:25.700 That can be solved

01:03:27.320 in deep line

01:03:28.540 with the commissioners

01:03:29.660 in this room right now.

01:03:31.620 Why don't we solve it?

01:03:32.760 Okay.

01:03:33.460 Thank you very much.

01:03:34.920 I'd like to know the same thing.

01:03:37.220 You know why you're not

01:03:37.920 going to solve it?

01:03:38.580 Because we've had

01:03:40.160 some very, very bad,

01:03:42.140 incompetent decisions.

01:03:43.720 Things that were routine before,

01:03:45.760 that were solved long before,

01:03:47.720 now you're into

01:03:48.360 a brand new system.

01:03:50.020 Yes, ma'am.

01:03:50.540 Hi, Mr. President.

01:03:51.560 Thank you.

01:03:51.960 Could you tell us

01:03:52.920 what went into your decision

01:03:54.200 to replace Secretary Noem

01:03:56.540 with Senator Mark Wayne Mullen?

01:04:00.020 Is it possible

01:04:01.120 to stay on this subject

01:04:02.200 just for once?

01:04:03.780 You know, just for once.

01:04:05.140 Boy, oh, boy.

01:04:06.180 Anybody have any questions

01:04:07.240 on this subject?

01:04:08.540 Thank you, Mr. President.

01:04:09.560 What is your timeline

01:04:10.680 for either the executive order

01:04:12.680 that you just mentioned

01:04:13.600 or the legislation

01:04:15.080 that the members of Congress

01:04:16.340 mentioned?

01:04:16.740 I will have an executive order

01:04:17.500 within one week.

01:04:18.860 Well, would it take effect

01:04:20.360 before the fall?

01:04:21.240 Okay, this is the war room.

01:04:22.540 We're passing now

01:04:23.380 to the John Solomon Show.

01:04:24.660 We're going to continue

01:04:25.300 to cover this live

01:04:26.220 on Real America's Voice.

01:04:27.980 And we're going to see

01:04:28.360 how it does, okay?

01:04:29.780 But I'll have an executive order

01:04:31.360 which will solve

01:04:32.040 every problem in this room,

01:04:33.640 every conceivable problem,

01:04:35.900 within one week.

01:04:37.480 And we'll put it forward.

01:04:40.080 Do you owe back taxes

01:04:41.720 or you haven't filed

01:04:43.000 your taxes in years?

01:04:44.840 Now is the time

01:04:45.900 to resolve your tax matters.

01:04:48.540 With the national conversation

01:04:49.980 around abolishing

01:04:51.120 the income tax,

01:04:52.820 the IRS is fighting back

01:04:54.240 and proving it's here to stay

01:04:55.940 by becoming more aggressive

01:04:57.800 than ever before.

01:04:59.200 They're sending out

01:05:00.080 more collection notices,

01:05:01.880 filing more tax liens,

01:05:03.420 and collecting billions more

01:05:05.160 in recent years.

01:05:06.960 If you owe,

01:05:08.180 the IRS can garnish your wages,

01:05:10.860 levy your bank accounts,

01:05:12.580 seize your retirement,

01:05:13.880 and even your home.

01:05:15.480 If you owe or haven't filed,

01:05:17.500 it's not a question

01:05:18.480 of if the IRS will act,

01:05:21.060 it's a question

01:05:21.780 of when it will act.

01:05:23.680 Right now,

01:05:24.600 Tax Network USA

01:05:25.500 is offering a completely free

01:05:27.260 IRS research

01:05:28.420 and discovery call

01:05:29.680 to show you

01:05:30.680 exactly where you stand

01:05:32.080 and what they can stop

01:05:33.860 before it's too late.

01:05:36.020 Their powerful programs

01:05:37.540 and strategies

01:05:38.160 can save you thousands

01:05:39.220 or even eliminate

01:05:40.300 your debt entirely

01:05:41.680 if you qualify.

01:05:43.040 Don't make a costly mistake.

01:05:44.880 Representing yourself

01:05:45.920 or calling the IRS

01:05:46.960 on your own

01:05:47.600 waives your rights

01:05:48.860 and costs you more money.

01:05:50.600 They are not,

01:05:51.580 and let me repeat,

01:05:52.360 the IRS is not on your side.

01:05:55.320 Get protected the right way

01:05:56.720 with Tax Network USA

01:05:58.060 and start the process

01:06:00.080 of settling your tax matters

01:06:01.660 once and for all today.

01:06:04.540 Call 1-800-958-1000.

01:06:08.260 That's 1-800-958-1000

01:06:11.160 or visit TNUSA.com

01:06:14.280 slash Bannon

01:06:15.120 for your free discovery call

01:06:17.340 with Tax Network USA.

01:06:19.980 Let me repeat,

01:06:20.860 800-958-1000.

01:06:22.900 Tell them Bannon sent you.

01:06:24.400 Don't let the IRS

01:06:25.880 be the first to act.

01:06:28.520 Take advantage

01:06:29.140 of first mover advantage.

01:06:31.360 You move.

01:06:31.980 You move.

01:06:32.820 Take advantage

01:06:33.040 of second mover advantage

01:06:34.560 as far as a

01:06:36.580 football player

01:06:37.200 of the order.

01:06:38.740 That's great.

01:06:40.060 Have a great day.

01:06:40.900 Bye now.

01:06:41.040 Bye

01:06:41.540 for the 3rd

01:06:43.620 next week.

01:06:44.940 Bye.

01:06:45.320 Bye.

01:06:46.020 Bye.

01:06:47.440 See you next week.

01:06:49.300 Bye now.

01:06:50.640 Bye bye.

01:06:51.220 Bye bye.

01:06:51.560 Bye bye.

01:06:52.560 Bye bye for now.

01:06:53.440 Bye bye.

01:06:54.400 Bye bye.

01:06:54.420 Bye bye.

01:06:54.460 Bye bye bye.

01:06:55.860 John for now.

01:06:56.460 Bye bye.

01:06:57.480 Bye bye.

01:06:58.000 Bye bye bye.

01:06:58.320 Bye bye bye.

01:06:59.400 Bye bye bye.

01:07:00.340 Bye bye bye.

01:07:00.720 Bye bye bye bye.

Bannon's War Room - March 07, 2026

Episode 5195： The President Participates In Saving College Sports Roundtable

Episode Stats

Summary

Transcript