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November 26, 2025 • 8 mins

Amy Wagner from  Dean Dorton Private Wealth joins us every week to talk sports and money. 

Lean about the Dean Dorton Difference at DeanDortonwealth.com/

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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Now, let's get right to it. Our friend Amy Wagner
usually joins us on Wednesdays, but come off to him.
She's with Dean Doorton Private Wealth. Learn more about the
Dean Doorton difference at deandortonwealth dot com. She talks sports
and money with us. Here's what I want to know.
There's a few different stories to talk about. The biggest
college football story right now is Lane Kiffin's at Old Miss.
His team is really good, but he's being wooed by

(00:22):
LSU and Florida and so he's got a big decision
to make. He's at the epicenter of this big, big
decision these three schools that all want them. Is there
like a real world application to this?

Speaker 2 (00:35):
Well?

Speaker 3 (00:35):
And I think it's like also, I always think about
when these stories take place in real time while you've
got players who are playing their hearts out right to
make it into the playoffs, the distraction that this can
be for those players, and the kind of like, well,
is my coach can be here next year?

Speaker 4 (00:54):
You know, this is who recruited me. Is he going
to stay?

Speaker 3 (00:56):
Is he going to go? And your this is a
big week everyone's watching football. I mean, I think about
like people think like turkey and football when it comes
to Thanksgiving week.

Speaker 4 (01:06):
You know, lan Kiffin has some options here.

Speaker 3 (01:09):
So first and foremost, you know, you and I have
talked recently about, you know, what does the job market
look like.

Speaker 4 (01:14):
We've got a lot of you know, college.

Speaker 3 (01:16):
Football coach openings currently, more so than we've ever seen
the past.

Speaker 4 (01:21):
So Lane has several options, right, he can stay it.

Speaker 3 (01:23):
Ole miss also offers coming in from LSU in Florida.

Speaker 4 (01:27):
By the way, like poor Lane, you know, if you're
if you're going to feel bad for him. You know,
he's only the tenth highest paid college football coach right now.

Speaker 3 (01:35):
You know, makes a little under ten million dollars annually.
The way this is all shaking out, it looks like
it could be bumped up to thirteen fourteen million dollars.
You know, he keeps saying, listen, in state rivalry, you've
got the egg ball going on this week. We're only
focusing on this, but we all know what's happening in
the background.

Speaker 4 (01:54):
Rady's figuring out what his next move is.

Speaker 3 (01:56):
And I do feel bad for these players, you know
the distraction that that is. But I also think the
interesting thing too about how gosh, all of this has
evolved so much. When you've got nil in the picture
is you're not only promising a coach how much money
they're going to be paid, you're promising how much money
they're going to.

Speaker 4 (02:13):
Get for a roster to build a roster.

Speaker 3 (02:17):
You know, And so that's shaping up to be about
twenty five million dollars in nil roster involvement. You know,
some of the offers on the table for him. So
you know, Lane's going to be fine.

Speaker 4 (02:31):
We'll see how this all plays out this week.

Speaker 3 (02:33):
But I want to bring up something else because you know,
as college football.

Speaker 2 (02:38):
And listen, it's always been a business, but certainly the
way that business is run, it's evolved so much over
the past few years. On the flip side of programs
like Ole Miss, you know, like these big SEC schools,
you've got programs who are D one schools that are
trying to make it work because listen, they know that

(02:59):
when you start to win games, you're catching lightning in
a bottle.

Speaker 3 (03:03):
You're starting to get national attention. They're talking about you
on college game day. Donors, donor base gets re engaged, right,
people are excited, people are coming to the games, opening
their pockets, right, all of those things. So then you've
got schools like UMass and Amherst who has had a
football program for the past fourteen years for that very reason. Right,

(03:25):
at some point, they keep thinking they're going to start
winning games.

Speaker 4 (03:30):
Problem is they're not. In fact, I don't know if
you saw this, but I had to laugh about this.
Earlier this season, they actually got.

Speaker 3 (03:37):
A bunch of attention, bad attention for spending money on fireworks.
They let off fireworks after they hit a field goal
to close the deficits to their opponents.

Speaker 4 (03:51):
Then that deficit was forty two points.

Speaker 3 (03:57):
I mean, talk about throwing good money after bad at
this point, like, unless you're unless you're lighting sparklers in
the end zone, I'm not sure that investment is worth
it exactly. So you've got this program that's trying to say, okay,
what makes sense going forward? Right, we're spending millions of
dollars every year on a football program. We're trying to
compete at this level, and we're not able to do it.

(04:20):
The problem is, do you want to be the president
of the school, the athletic director, the board of trustees
that crushes that football dream for a d one school
in this case, apparently not, because what the school has
said is they are doubling down on their football program
and giving it a hard recess and putting more money

(04:42):
into hiring quality coaches and bringing players on board.

Speaker 4 (04:46):
We'll see, we'll see that how that works. Good luck,
good luck. Exactly, yeah, exactly.

Speaker 1 (04:52):
I do think it's interesting that the cost of maintaining
a college football program, even at the Group of five level,
it is. And look, I don't have a lot of
sympathy for anybody involved, right, but but yeah, I understand,
like we're trying to keep up, we're trying to stay competitive,
We're paying the players coaching salaries or skyrocketing, the cost
of putting games on has escalated. Like there are going

(05:14):
to be schools that say, you know what, we're not
sure we're getting out of this what we're putting into it.

Speaker 4 (05:19):
Yeah, yeah, you know.

Speaker 3 (05:20):
I mean something else I want to I want to
bring up just how all of this is evolving. Is
you have this Player's Era Festival, right, so switching to
college basketball quickly that's playing this week, and you know
these are games that are all taking place out in Vegas.
But interestingly, these these people are saying, listen, we'd play

(05:40):
this game it was in a cornfield in the middle
of nowhere. Because they're paying us a million dollars in
donor fatigue, right, yeah, I mean when you are paying
Lane Kiffin like salaries and trying to also, you know,
fill these rosters with all these NL high paid athletes,
at some.

Speaker 4 (05:58):
Point there is fittis. You cannot keep going to the
same well.

Speaker 3 (06:02):
And so these programs are looking for new ways to
fund these programs. And so you're going to have outside
investors interestingly being able to call shots like we're going
to bring all this top tier talent together in Vegas
in November when these teams don't normally meet, right, to

(06:22):
create something that's never been created before, because we're paying
each program that participates a million dollars and let's face it,
they need that money.

Speaker 1 (06:30):
Right now in the worst way. Amy Wagner from Dean
Dorton is with us. Sorry one more, you have a
new favorite former NFL player. It's Christian Ponder, who wasn't
great on the field, but you like him anyway.

Speaker 3 (06:40):
Why well, he's probably not been many people's favorite player ever,
but he has caught my attention for what he's doing now.

Speaker 4 (06:48):
He probably was overpaid under delivered when he was in
the NFL. You know, I think it was like a
pretty high draft pick.

Speaker 3 (06:58):
And they ended up kind of being like, you know,
third tier QB bouncing around for most of his career,
which I think lasted five or six years in the NFL.

Speaker 4 (07:07):
So he realized that's probably not going.

Speaker 3 (07:09):
To support him for the rest of his life, got
out and got his MBA. But what he's focusing on
now is something you and I've talked about a lot
during this which is, you know, the average NFL.

Speaker 4 (07:19):
Player's career is about three three and a half years.

Speaker 3 (07:23):
You get paid an insane amount of money during that time,
but for a lot of these players, that's not enough
to last you for the rest of your life, especially
if you weren't smart.

Speaker 4 (07:30):
About it while you were paying while you were playing.

Speaker 3 (07:33):
So he has created this kind of subscription membership only
group called the Post and you have to have played
either at the NC DOUBLEA or professional level for at
least five years, because he really wants people to kind
of come from the same background. But he's having conversations
with these former players about how to transition into the

(07:54):
business world, how do use skills that you had to use,
you know, on the field, on the court, you know, leadership,
that kind of thing. And there's you know, weekend long summits,
there's networking events, there's you know, all kinds of you know,
how do you how do you make the transition? And
I think not enough of these conversations are happening for

(08:15):
any kind of professional athletes.

Speaker 4 (08:17):
And then you know, we hear the terrible stories.

Speaker 3 (08:19):
That get all the headlines about them filing bankruptcy or
whatever that looks like after they leave.

Speaker 1 (08:25):
Yeah, it's admirable and there should be more of it,
and there should be more athletes who who take advantage.
Christian Ponder will have a legacy well beyond his relatively
mediocre NFL playing career. Yeah exactly, Amy Wagner from Dean Dorton,
anything but mediocre. Have an awesome Thanksgiving and we'll talk
next week.

Speaker 4 (08:45):
You too,

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