June 18, 2025 • 19 mins
University of North Dakota Athletics Director, Bill Chaves, breaks down the House settlement considerations as it applies to UND, and delivers insight into recent summer conference meetings.
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Episode Transcript
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Speaker 1 (00:00):
Seven four Wednesday morning, as we have the pleasure of
visiting with the Director of Athletics at the University of
North Kota, mister Tabril Chay is morning, Bill.
Speaker 2 (00:11):
Hey Tim, Hey Paul. How are you today?
Speaker 3 (00:14):
Good morning?
Speaker 2 (00:15):
Now?
Speaker 3 (00:15):
Doing well?
Speaker 1 (00:15):
All good?
Speaker 3 (00:16):
Yeah, So I just mentioned, you know, maybe the summer
of George. Is this the summer of.
Speaker 2 (00:22):
Und I'll tell you, you know, I I am hesitant
to say what I'm about to say, but there's there's
only one way to describe what we're kind of going
through right now. It feels like we're back in COVID, right.
You know, every sentence I say has to start with today.
(00:45):
Right at this point, I could do this. I could
talk with you right now and let's just say by
the afternoon everything I said is.
Speaker 3 (00:52):
Wrong, okay, So and then this, okay for a second
here because this is not Tim's favorite subject, but I'm
gonna let you get into it. Because you did make
mention that you know, you're not making anything official today
or anything. You'll make it known when it is, but
you made it known on the paper that as of
right now, after everything came through that now you may
lean potentially as a university is opting in. My big
(01:16):
takeaway in your conversation with Tom Miller in that article
was a lot of it has to do with the
roster limitations flexibility piece, where it looked like it was
going to be one way for opting out originally. Now
it's basically setting up more roster flexibility maybe by opting in.
Is that one of the major things for consideration opting
(01:37):
in or out?
Speaker 2 (01:39):
Yeah, yeah, so that's right, Paul, You've got it one
hundred percent. And the I think when we were initially
getting the date of March one, which was you know,
and again I guess I get it in some ways
where the NCAA wanted to know, you know, what are
you thinking at that point in time, But really it
wasn't described that way. It was hey are you here's
(02:02):
the decision timeframe. And I just found that really odd.
You know, you had to wait for the actual settlement
to either go through or not. It may not have
gone through, but it did and and you're right, what
ended up happening was there's probably two ways to look
at this, and I'm going to try to zoom way
out so that it makes it as simple a confusing
(02:24):
topic as simple as possible. There's two things that you
have to look at here. One is rosters. How do
we have our student athletes on rosters that are in
line with Title nine, which is still a federal law. Right,
So that's on one side. It has nothing to do
(02:44):
with the House Settlement Title nine as far as the conversation,
because it was an antitrust lawsuit. But at the end
of the day, it's still a federal law and you
still have to be mindful of it. So the roster,
and we'll call it flexibility. I would say three months
ago it was going to be on the side of
opting out.
Speaker 4 (03:05):
Now it seems like it's on the side of opting in.
Speaker 3 (03:09):
And so at the first and foremost for you, and
you know, the president of the university, President Armacast, when
you're looking at this, the university is seeking the best
way for roster flexibility for its student athletes first and foremost.
Maybe that that's the first thing for the University of
North Dakota.
Speaker 2 (03:30):
Yeah, that's you know, it's funny, Paul. I would I
would line him up side by side. I'm not sure
I would put him in a you know, one under
the other. I would say roster flexibility or at least
that ability is really important. But then the other side
of it is, you know, the financial side. There's some
(03:51):
things that you may be able to do by opting
in relative to compensating student athletes through the institution that
you couldn't do if you've opped it out. We're not
even having really those conversations at this point in time,
but that is something we have to look at and say, well,
(04:13):
there might be some reasons that are really good for
us to be able to be able to.
Speaker 4 (04:17):
Do that as well.
Speaker 2 (04:18):
So, now having said all of that, if I know
you and I have occasionally talked offline, and I've told
you that I was waiting for this frequently asked questions,
this this document to give us information, guidance, We guidance.
We got like thirty pages of fifty pages last Friday.
(04:40):
We're still waiting for twenty more pages to come. So
we haven't even gotten all the information yet. So yeah,
I'm not on here today saying that we're absolutely opting in.
I still want to go and make sure that whatever
comes to us that makes a whole lot of sense
for the University North Dakota, Because at the end of
(05:01):
the day, there was a point where it seemed like
maybe all the Dakotas would be in alignment. Not that
that really one hundred percent matters, but it does in
some ways. But you know what, NDSU has to do
what's right for them. SDSU has to do what's right
for them. USD we have to do what's right for
the University of North Dakota.
Speaker 3 (05:18):
What's really different between the four Dakota schools the I
twenty nine corridor. We're very similar in many ways because
we're obviously all together in the Summit League and that
covers a lot of the sports. The uniqueness, however, for
North Dakota is a unique conference that I think gives
(05:39):
headaches to the lawyers that are looking at this and
to high level NCAA people is the NCCHC because it's
such a unique conference, and it is it has its
own unique challenges because you have teams from all sorts
of classifications. You have an Arizona State, you have a
Colorado College, you have Saint club Satan deLuce. They're all
(06:02):
in different classifications and they all may look at the
whole perspective differently, but it is it is an interesting
wrinkle that North Kota belongs to a conference like that,
and it's it's on the hockey side that I always
think is kind of the interesting piece to all this
in this regard it.
Speaker 2 (06:19):
Is, you know, and I think the one common thread
though is we're all just looking for information and what's
happened is so if we're going to talk about at
one point was the Power five that was the defending
conferences along with the NCAAA, then of course we know
it's down to the Power four, but truth of the
matter is it's really the Power too. And so really
(06:41):
the Big ten and the SEC are driving all of
this in some way, shape or form. So you've got
fifty nine schools kind of knowing what I don't say,
what the rules of engagement were or going to be,
or making them up, and the rest of us trying
to just grab anything we can at some point in
(07:01):
time when we actually are told what's occurring, and that's
actually occurring right now, if like people don't believe it,
that's actually what's happening. And so we're still trying to
gather information, and fortunately it got moved out to June thirtieth,
where we.
Speaker 4 (07:17):
Can decide whether or not we're going to do this.
Speaker 2 (07:19):
Thing called opting in or opting out. And I know
this is an eye roll for most people, but but
it is important on how we function as an athletic department.
Speaker 3 (07:28):
Yeah, that's the biggest point. I think, Tim, do you
want me to keep going or you want to jump in? Okay,
now we've done the month of June late May. These
are the times where you sit down, presidents, sit down
with each other from our respective conferences. You meet with
some at league, you meet with the NCCHC, the leagues
(07:49):
that we're involved in, you meet Missouri Valley. What are
some of the big takeaways for the University of North
Dakota's positioning in those leagues as those leagues can try
to continue to move forward, any big takeaways from league
meetings beyond house settlement stuff.
Speaker 2 (08:05):
Basically, Yeah, so I would say correct. I mean, obviously
that dominated the conversation and probably all of our leagues.
But I think the new if I started with football,
you know, the new alignment, so to speak with a
new commissioner, Jeff Jackson, who's the actual commissioner of the
Missouri Valley Conference, the multi sport league, along with now
(08:28):
having assistance from Josh Fenton in the summit League. And
then we've hired a chief operating officer.
Speaker 4 (08:34):
Kyle Grooms recently, and and Kyle.
Speaker 2 (08:38):
Will come in and manage the day to day operations
of the Football Football League. And honestly, you know, after
having Patty Viverito in this position for forty years as
the commissioner, you know, this evolution is more of an
inside baseball thing. But it makes a difference because now
it's basically to multi sport conferences the Valley in the
(09:01):
Summit League coordinating to run this independent football conference. What
gets weird is the reason why people get confused is
because it's called the Missouri Valley Football Conference, but it
really is an independent conference right at the end. What
it has done for us now is it's given us
a little flexibility. Should say, the Summit League ever want
(09:25):
to add a school that has football, there's a home
now potentially for that football school. So, as you know,
in the Summit League we have nine schools. You know,
we've had these conversations before. Even numbers tend to work
better from a scheduling standpoint. Not impossible when you have
odd numbers, but it's obviously better when you have even numbers.
Speaker 3 (09:47):
Yeah, So essentially there's no you know, smoking gun here
as far as something happening in the Summit League as
far as membership, but we all know that the college
sports landscape is for our as membership is concerned, is
always subject to change. And we've already seen you know,
some schools in the Whack in intimate that they're going elsewhere.
(10:10):
And we we know the Mountain West Pac twelve piece
out west, and we know that Sacramento States trying to
go FBS independent, they're being told no. So basically, the
Summit with this potential allows some you know, maybe if
they're they're a football plane member, would have a home
for them potentially down the road if something were to occur.
Speaker 2 (10:32):
Basically, I think that's right, and I think there's a
little bit more now input and the good news is
resources for elevating what is the best FCS conference in
the country, I mean, and so, so we're kind of
excited about that, you know, and so and it really
gives the Summit in the Valley a more intertwined way
(10:55):
of governing the actual conference, which is which you know,
I'm pretty jazzed about it. In fact, you know, we're
going to have a media day here in upcoming in
July in person and in Paul. I don't think we've
had that in a long long time in the valley. No,
So that'll be exciting. So that's going to be down
in Sioux Falls, and I think that'll that's just one
(11:19):
aspect of trying to again continue to raise the profile
of the valley.
Speaker 3 (11:24):
One question that did come to me here, and I'll
let you go. We'll go back to house settlement here
just briefly before I ask you about NCHD in general
other than house settlement stuff. But this was a question
posed to me, and I said, I don't know the
answer to this. So if there is revenue share at
an institution, whether it be sharing a revenue like the
(11:46):
big the big schools like the Michigan's up to twenty
point five million, maybe they do it, maybe they don't.
Maybe other schools it might be a million or less.
So who knows every But the question posed to me was,
how do you then share that revenue with those students?
Is that a ten ninety nine? Is that a W two?
(12:09):
Do we really know?
Speaker 2 (12:11):
Yeah, I'm talking to a number of the folks obviously
at the P four level that are working this through
that's the other side.
Speaker 4 (12:20):
Of So there's two sides to.
Speaker 2 (12:23):
Really opting in in a sense, the rosters, the management
of the rosters, and then the financial aspects. And the
financial aspects are you could still have scholarships, still have
room and board, those type of academic awards, but then
there will have to be another process to compensate the
(12:44):
student athletes should you want to go down the revshare model,
so to speak, or utilize up to the twenty point
five Now, ironically, we had a meeting at one point
in time, him and Paul and someone was reading and
just assumed, if you opt in, you automatically get twenty
point five million dollars and then that then you get
(13:07):
to share it now. But but you know, I can
understand why someone would. You know, if you're in it
every day, you might just think that yeah.
Speaker 4 (13:14):
And it's like no, no, no.
Speaker 2 (13:16):
You'd have to like take your current revenues and figure
out how do you get additional ones or how do
you redeploy current revenues, and then you're correct, then you're
going to have to figure out more than likely it's
a ten ninety nine process. But those are things that
institutions like us have yet to do and we all
(13:38):
would be doing it in real time moving forward. That
probably will be the next frontier should we go down
that path.
Speaker 3 (13:44):
Tim, we got to go and become tax professionals for
college athletes they might need.
Speaker 1 (13:48):
Oh yeah, numbers are good.
Speaker 2 (13:53):
You know, it's you know what's interesting with all this,
So Chad Karkhauser, who's our CFO, and he's in now
college OS for a long time, but he started his
first ten years in the entertainment industry in LA and
and you know, he set clients, and he worked in
business management in the accounting side, and and surely it's
(14:15):
really in some ways exactly what he did for the
first ten years of his career. I mean, that's really
what is transpiring. So all of the name, image and
likeness and all of those things that I think that
our student athletes should have always had the abilities to
benefit from. Now it's the back end stuff that can
get complicated, and as we all know, you have to
(14:37):
pay your taxes.
Speaker 3 (14:38):
Well you have to have.
Speaker 2 (14:39):
A mechanism to go through this. So we're kind of
doing it all, you know, we're building it as we go.
Speaker 3 (14:47):
I'm just saying it's amazing that when I hear those
stories that the celebrities, that the major actors and actresses,
when they get twenty million for making a motion picture,
they don't realize that they don't get the twenty million.
They there's people that your your agency gets a cut,
your your manager gets a cut, your your taxes get
(15:08):
take a cut. It's funny how that works sometimes when
when when that all brick gets broken down. But I
did mention I'd bring it back because Tim's here On
the hockey side and the NCCHC, you know, we talked
about its success in the the Frozen four. Un D
will be hosting the Frozen Four in Las Vegas. What
were the what was the big takeaways out of the
(15:30):
NCCHC side other than house settlement, I'm sure that was
the main piece. But what else are we talking about
on the hockey side as we work our way through
the summer.
Speaker 2 (15:39):
Well, the big one, the real big one is yeah,
on a very on a U n D side, for sure,
we're working with Las Vegas Events and uh and of
course Eric Martinsen does an awesome job, you know, connecting.
He actually went about I don't know six weeks ago
and visited with them. They're they're dialed, they're ready to go.
You can imagine, right, it's Las Vegas. They do events,
(16:01):
that's what I'll tell you. So now they've never done
a Frozen four, so they they've got to be thoughtful.
And that's why they need a campus in a university
to make sure you're navigating all the collegiate waters. But
the big one, honestly, Paul and Tim, is you know,
host sites for playoffs this upcoming year, the first year
(16:22):
that and so you know, as I mentioned in the meetings, hey,
you can only do this the first year once and
you have to do it well. And so so we're
kind of excited about that. As a league. We've seen
other leagues do this and it's it's worked out pretty well.
The CECCHA and the Big Ten have done it, and
it seems like they've gotten great attendance. And but you know,
(16:44):
it'll be uh, it'll be you know again challenging, especially
given our geographical footprint, because you could have schools that
have to travel a bit in a three week period.
Speaker 3 (16:55):
Yeah, that's the interesting thing and what we've seen with
other leagues too. You may make the NCAA tournament field,
but if you get bones out to your league tournament.
You could be sitting for a while as well. So
that's the other, right, the other wrinkle in this. So
it's it's very interesting to see that come online. I'm
not opposed to it. I think it's gonna be very exciting.
But yeah, there's new wrinkles that come in, and that's
(17:16):
a good point with the n c C moving to
that postseason format. Bill appreciate you dropping in. And we
you know, I'm just gonna entitle this when I put
it up on the complete under nonsense area of the
potty area, clear as mud basically for our fans out there.
And and we'll just.
Speaker 2 (17:33):
What's not clear as mud is that Rafael devers A
San Francisco Giants okay with.
Speaker 3 (17:39):
It, and you're okay with it, and and the Red
Sox say they'll just keep going and and probably pluck
off some twin that will become a Hall of Famer
for him, probably eventually here at some point in time.
Speaker 2 (17:50):
I heard you driving in today, correct, as as my
wife and I before kids had season tickets for the
last two and a half years. So the Hartford Whalers, Yes,
a young Paul Maurice was behind the bench, at that
point time, so as he must have been like twenty
eight years old because his cut his actual career got
cut short due to an injury, almost like David Carl.
Speaker 3 (18:11):
Wow, that's interesting. Yeah, so you actually saw him behind
the bench. You were going to regular games.
Speaker 2 (18:17):
First game.
Speaker 3 (18:18):
That's awesome. Well, that's really cool, Bill. I know we'll
have more to talk about. Maybe we'll check in a
little later as we get through the summer, pass forth,
the July and stuff, more to talk about. But appreciate
you dropping in and giving us the details of some
of the things you've been navigating and continue to navigate
here in the days ahead. And I know for some
fans it's high level stuff. For others it's the new reality,
(18:40):
and just need some guidelines of kind of how we
look at collegiate sports. So more to come and we
look forward to that visit. Thanks for today.
Speaker 2 (18:48):
Appreciate you guys.
Speaker 3 (18:49):
All Right, there goes Bill Shaves, director of Athletics. Tim.
I know that you didn't get a lot of words
in there. Sorry about that.
Speaker 1 (18:56):
That's all right, all right, all right.
Speaker 3 (18:58):
So anyway, seven fifty three US time from Eagle's Crest
Grille on fourteen forty am.
Speaker 2 (19:02):
The fan,
Seven four Wednesday morning, as we have the pleasure of
visiting with the Director of Athletics at the University of
North Kota, mister Tabril Chay is morning, Bill.
Speaker 2 (00:11):
Hey Tim, Hey Paul. How are you today?
Speaker 3 (00:14):
Good morning?
Speaker 2 (00:15):
Now?
Speaker 3 (00:15):
Doing well?
Speaker 1 (00:15):
All good?
Speaker 3 (00:16):
Yeah, So I just mentioned, you know, maybe the summer
of George. Is this the summer of.
Speaker 2 (00:22):
Und I'll tell you, you know, I I am hesitant
to say what I'm about to say, but there's there's
only one way to describe what we're kind of going
through right now. It feels like we're back in COVID, right.
You know, every sentence I say has to start with today.
(00:45):
Right at this point, I could do this. I could
talk with you right now and let's just say by
the afternoon everything I said is.
Speaker 3 (00:52):
Wrong, okay, So and then this, okay for a second
here because this is not Tim's favorite subject, but I'm
gonna let you get into it. Because you did make
mention that you know, you're not making anything official today
or anything. You'll make it known when it is, but
you made it known on the paper that as of
right now, after everything came through that now you may
lean potentially as a university is opting in. My big
(01:16):
takeaway in your conversation with Tom Miller in that article
was a lot of it has to do with the
roster limitations flexibility piece, where it looked like it was
going to be one way for opting out originally. Now
it's basically setting up more roster flexibility maybe by opting in.
Is that one of the major things for consideration opting
(01:37):
in or out?
Speaker 2 (01:39):
Yeah, yeah, so that's right, Paul, You've got it one
hundred percent. And the I think when we were initially
getting the date of March one, which was you know,
and again I guess I get it in some ways
where the NCAA wanted to know, you know, what are
you thinking at that point in time, But really it
wasn't described that way. It was hey are you here's
(02:02):
the decision timeframe. And I just found that really odd.
You know, you had to wait for the actual settlement
to either go through or not. It may not have
gone through, but it did and and you're right, what
ended up happening was there's probably two ways to look
at this, and I'm going to try to zoom way
out so that it makes it as simple a confusing
(02:24):
topic as simple as possible. There's two things that you
have to look at here. One is rosters. How do
we have our student athletes on rosters that are in
line with Title nine, which is still a federal law. Right,
So that's on one side. It has nothing to do
(02:44):
with the House Settlement Title nine as far as the conversation,
because it was an antitrust lawsuit. But at the end
of the day, it's still a federal law and you
still have to be mindful of it. So the roster,
and we'll call it flexibility. I would say three months
ago it was going to be on the side of
opting out.
Speaker 4 (03:05):
Now it seems like it's on the side of opting in.
Speaker 3 (03:09):
And so at the first and foremost for you, and
you know, the president of the university, President Armacast, when
you're looking at this, the university is seeking the best
way for roster flexibility for its student athletes first and foremost.
Maybe that that's the first thing for the University of
North Dakota.
Speaker 2 (03:30):
Yeah, that's you know, it's funny, Paul. I would I
would line him up side by side. I'm not sure
I would put him in a you know, one under
the other. I would say roster flexibility or at least
that ability is really important. But then the other side
of it is, you know, the financial side. There's some
(03:51):
things that you may be able to do by opting
in relative to compensating student athletes through the institution that
you couldn't do if you've opped it out. We're not
even having really those conversations at this point in time,
but that is something we have to look at and say, well,
(04:13):
there might be some reasons that are really good for
us to be able to be able to.
Speaker 4 (04:17):
Do that as well.
Speaker 2 (04:18):
So, now having said all of that, if I know
you and I have occasionally talked offline, and I've told
you that I was waiting for this frequently asked questions,
this this document to give us information, guidance, We guidance.
We got like thirty pages of fifty pages last Friday.
(04:40):
We're still waiting for twenty more pages to come. So
we haven't even gotten all the information yet. So yeah,
I'm not on here today saying that we're absolutely opting in.
I still want to go and make sure that whatever
comes to us that makes a whole lot of sense
for the University North Dakota, Because at the end of
(05:01):
the day, there was a point where it seemed like
maybe all the Dakotas would be in alignment. Not that
that really one hundred percent matters, but it does in
some ways. But you know what, NDSU has to do
what's right for them. SDSU has to do what's right
for them. USD we have to do what's right for
the University of North Dakota.
Speaker 3 (05:18):
What's really different between the four Dakota schools the I
twenty nine corridor. We're very similar in many ways because
we're obviously all together in the Summit League and that
covers a lot of the sports. The uniqueness, however, for
North Dakota is a unique conference that I think gives
(05:39):
headaches to the lawyers that are looking at this and
to high level NCAA people is the NCCHC because it's
such a unique conference, and it is it has its
own unique challenges because you have teams from all sorts
of classifications. You have an Arizona State, you have a
Colorado College, you have Saint club Satan deLuce. They're all
(06:02):
in different classifications and they all may look at the
whole perspective differently, but it is it is an interesting
wrinkle that North Kota belongs to a conference like that,
and it's it's on the hockey side that I always
think is kind of the interesting piece to all this
in this regard it.
Speaker 2 (06:19):
Is, you know, and I think the one common thread
though is we're all just looking for information and what's
happened is so if we're going to talk about at
one point was the Power five that was the defending
conferences along with the NCAAA, then of course we know
it's down to the Power four, but truth of the
matter is it's really the Power too. And so really
(06:41):
the Big ten and the SEC are driving all of
this in some way, shape or form. So you've got
fifty nine schools kind of knowing what I don't say,
what the rules of engagement were or going to be,
or making them up, and the rest of us trying
to just grab anything we can at some point in
(07:01):
time when we actually are told what's occurring, and that's
actually occurring right now, if like people don't believe it,
that's actually what's happening. And so we're still trying to
gather information, and fortunately it got moved out to June thirtieth,
where we.
Speaker 4 (07:17):
Can decide whether or not we're going to do this.
Speaker 2 (07:19):
Thing called opting in or opting out. And I know
this is an eye roll for most people, but but
it is important on how we function as an athletic department.
Speaker 3 (07:28):
Yeah, that's the biggest point. I think, Tim, do you
want me to keep going or you want to jump in? Okay,
now we've done the month of June late May. These
are the times where you sit down, presidents, sit down
with each other from our respective conferences. You meet with
some at league, you meet with the NCCHC, the leagues
(07:49):
that we're involved in, you meet Missouri Valley. What are
some of the big takeaways for the University of North
Dakota's positioning in those leagues as those leagues can try
to continue to move forward, any big takeaways from league
meetings beyond house settlement stuff.
Speaker 2 (08:05):
Basically, Yeah, so I would say correct. I mean, obviously
that dominated the conversation and probably all of our leagues.
But I think the new if I started with football,
you know, the new alignment, so to speak with a
new commissioner, Jeff Jackson, who's the actual commissioner of the
Missouri Valley Conference, the multi sport league, along with now
(08:28):
having assistance from Josh Fenton in the summit League. And
then we've hired a chief operating officer.
Speaker 4 (08:34):
Kyle Grooms recently, and and Kyle.
Speaker 2 (08:38):
Will come in and manage the day to day operations
of the Football Football League. And honestly, you know, after
having Patty Viverito in this position for forty years as
the commissioner, you know, this evolution is more of an
inside baseball thing. But it makes a difference because now
it's basically to multi sport conferences the Valley in the
(09:01):
Summit League coordinating to run this independent football conference. What
gets weird is the reason why people get confused is
because it's called the Missouri Valley Football Conference, but it
really is an independent conference right at the end. What
it has done for us now is it's given us
a little flexibility. Should say, the Summit League ever want
(09:25):
to add a school that has football, there's a home
now potentially for that football school. So, as you know,
in the Summit League we have nine schools. You know,
we've had these conversations before. Even numbers tend to work
better from a scheduling standpoint. Not impossible when you have
odd numbers, but it's obviously better when you have even numbers.
Speaker 3 (09:47):
Yeah, So essentially there's no you know, smoking gun here
as far as something happening in the Summit League as
far as membership, but we all know that the college
sports landscape is for our as membership is concerned, is
always subject to change. And we've already seen you know,
some schools in the Whack in intimate that they're going elsewhere.
(10:10):
And we we know the Mountain West Pac twelve piece
out west, and we know that Sacramento States trying to
go FBS independent, they're being told no. So basically, the
Summit with this potential allows some you know, maybe if
they're they're a football plane member, would have a home
for them potentially down the road if something were to occur.
Speaker 2 (10:32):
Basically, I think that's right, and I think there's a
little bit more now input and the good news is
resources for elevating what is the best FCS conference in
the country, I mean, and so, so we're kind of
excited about that, you know, and so and it really
gives the Summit in the Valley a more intertwined way
(10:55):
of governing the actual conference, which is which you know,
I'm pretty jazzed about it. In fact, you know, we're
going to have a media day here in upcoming in
July in person and in Paul. I don't think we've
had that in a long long time in the valley. No,
So that'll be exciting. So that's going to be down
in Sioux Falls, and I think that'll that's just one
(11:19):
aspect of trying to again continue to raise the profile
of the valley.
Speaker 3 (11:24):
One question that did come to me here, and I'll
let you go. We'll go back to house settlement here
just briefly before I ask you about NCHD in general
other than house settlement stuff. But this was a question
posed to me, and I said, I don't know the
answer to this. So if there is revenue share at
an institution, whether it be sharing a revenue like the
(11:46):
big the big schools like the Michigan's up to twenty
point five million, maybe they do it, maybe they don't.
Maybe other schools it might be a million or less.
So who knows every But the question posed to me was,
how do you then share that revenue with those students?
Is that a ten ninety nine? Is that a W two?
(12:09):
Do we really know?
Speaker 2 (12:11):
Yeah, I'm talking to a number of the folks obviously
at the P four level that are working this through
that's the other side.
Speaker 4 (12:20):
Of So there's two sides to.
Speaker 2 (12:23):
Really opting in in a sense, the rosters, the management
of the rosters, and then the financial aspects. And the
financial aspects are you could still have scholarships, still have
room and board, those type of academic awards, but then
there will have to be another process to compensate the
(12:44):
student athletes should you want to go down the revshare model,
so to speak, or utilize up to the twenty point
five Now, ironically, we had a meeting at one point
in time, him and Paul and someone was reading and
just assumed, if you opt in, you automatically get twenty
point five million dollars and then that then you get
(13:07):
to share it now. But but you know, I can
understand why someone would. You know, if you're in it
every day, you might just think that yeah.
Speaker 4 (13:14):
And it's like no, no, no.
Speaker 2 (13:16):
You'd have to like take your current revenues and figure
out how do you get additional ones or how do
you redeploy current revenues, and then you're correct, then you're
going to have to figure out more than likely it's
a ten ninety nine process. But those are things that
institutions like us have yet to do and we all
(13:38):
would be doing it in real time moving forward. That
probably will be the next frontier should we go down
that path.
Speaker 3 (13:44):
Tim, we got to go and become tax professionals for
college athletes they might need.
Speaker 1 (13:48):
Oh yeah, numbers are good.
Speaker 2 (13:53):
You know, it's you know what's interesting with all this,
So Chad Karkhauser, who's our CFO, and he's in now
college OS for a long time, but he started his
first ten years in the entertainment industry in LA and
and you know, he set clients, and he worked in
business management in the accounting side, and and surely it's
(14:15):
really in some ways exactly what he did for the
first ten years of his career. I mean, that's really
what is transpiring. So all of the name, image and
likeness and all of those things that I think that
our student athletes should have always had the abilities to
benefit from. Now it's the back end stuff that can
get complicated, and as we all know, you have to
(14:37):
pay your taxes.
Speaker 3 (14:38):
Well you have to have.
Speaker 2 (14:39):
A mechanism to go through this. So we're kind of
doing it all, you know, we're building it as we go.
Speaker 3 (14:47):
I'm just saying it's amazing that when I hear those
stories that the celebrities, that the major actors and actresses,
when they get twenty million for making a motion picture,
they don't realize that they don't get the twenty million.
They there's people that your your agency gets a cut,
your your manager gets a cut, your your taxes get
(15:08):
take a cut. It's funny how that works sometimes when
when when that all brick gets broken down. But I
did mention I'd bring it back because Tim's here On
the hockey side and the NCCHC, you know, we talked
about its success in the the Frozen four. Un D
will be hosting the Frozen Four in Las Vegas. What
were the what was the big takeaways out of the
(15:30):
NCCHC side other than house settlement, I'm sure that was
the main piece. But what else are we talking about
on the hockey side as we work our way through
the summer.
Speaker 2 (15:39):
Well, the big one, the real big one is yeah,
on a very on a U n D side, for sure,
we're working with Las Vegas Events and uh and of
course Eric Martinsen does an awesome job, you know, connecting.
He actually went about I don't know six weeks ago
and visited with them. They're they're dialed, they're ready to go.
You can imagine, right, it's Las Vegas. They do events,
(16:01):
that's what I'll tell you. So now they've never done
a Frozen four, so they they've got to be thoughtful.
And that's why they need a campus in a university
to make sure you're navigating all the collegiate waters. But
the big one, honestly, Paul and Tim, is you know,
host sites for playoffs this upcoming year, the first year
(16:22):
that and so you know, as I mentioned in the meetings, hey,
you can only do this the first year once and
you have to do it well. And so so we're
kind of excited about that. As a league. We've seen
other leagues do this and it's it's worked out pretty well.
The CECCHA and the Big Ten have done it, and
it seems like they've gotten great attendance. And but you know,
(16:44):
it'll be uh, it'll be you know again challenging, especially
given our geographical footprint, because you could have schools that
have to travel a bit in a three week period.
Speaker 3 (16:55):
Yeah, that's the interesting thing and what we've seen with
other leagues too. You may make the NCAA tournament field,
but if you get bones out to your league tournament.
You could be sitting for a while as well. So
that's the other, right, the other wrinkle in this. So
it's it's very interesting to see that come online. I'm
not opposed to it. I think it's gonna be very exciting.
But yeah, there's new wrinkles that come in, and that's
(17:16):
a good point with the n c C moving to
that postseason format. Bill appreciate you dropping in. And we
you know, I'm just gonna entitle this when I put
it up on the complete under nonsense area of the
potty area, clear as mud basically for our fans out there.
And and we'll just.
Speaker 2 (17:33):
What's not clear as mud is that Rafael devers A
San Francisco Giants okay with.
Speaker 3 (17:39):
It, and you're okay with it, and and the Red
Sox say they'll just keep going and and probably pluck
off some twin that will become a Hall of Famer
for him, probably eventually here at some point in time.
Speaker 2 (17:50):
I heard you driving in today, correct, as as my
wife and I before kids had season tickets for the
last two and a half years. So the Hartford Whalers, Yes,
a young Paul Maurice was behind the bench, at that
point time, so as he must have been like twenty
eight years old because his cut his actual career got
cut short due to an injury, almost like David Carl.
Speaker 3 (18:11):
Wow, that's interesting. Yeah, so you actually saw him behind
the bench. You were going to regular games.
Speaker 2 (18:17):
First game.
Speaker 3 (18:18):
That's awesome. Well, that's really cool, Bill. I know we'll
have more to talk about. Maybe we'll check in a
little later as we get through the summer, pass forth,
the July and stuff, more to talk about. But appreciate
you dropping in and giving us the details of some
of the things you've been navigating and continue to navigate
here in the days ahead. And I know for some
fans it's high level stuff. For others it's the new reality,
(18:40):
and just need some guidelines of kind of how we
look at collegiate sports. So more to come and we
look forward to that visit. Thanks for today.
Speaker 2 (18:48):
Appreciate you guys.
Speaker 3 (18:49):
All Right, there goes Bill Shaves, director of Athletics. Tim.
I know that you didn't get a lot of words
in there. Sorry about that.
Speaker 1 (18:56):
That's all right, all right, all right.
Speaker 3 (18:58):
So anyway, seven fifty three US time from Eagle's Crest
Grille on fourteen forty am.
Speaker 2 (19:02):
The fan,
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