3-10-26 - Mo Egger with Attorney Stuart W. Penrose of Minnillo Law Group

Attorney Stuart W. Penrose of Minnillo Law Group joins us every week to discuss sports and the law. This week we discuss the legal hurdles that a potential Executive Order to save college sports could face, how a possible antitrust settlement involving Live Nation could affect sports fans, and a plea deal in a college basketball point-shaving scandal.

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Episode Transcript

Speaker 1 (00:00):
Two minutes after five o'clock. No, twenty two minutes away
from five o'clock. It's my first day back from vacation.
Can't expect me to know how to read a clock.
This is ESPN fifteen thirty. We are a few minutes
late because well, I don't know how to read a clock.
On Tuesdays at this time, we talked sports and the
law with our legal expert, attorney Stuart W. Penrose from

(00:20):
the Manila Law Group. Is always insightful, always teaches us something,
and I've got questions. Maybe you do as well. It's
awesome to have you, Stewart as always. How are you?

Speaker 2 (00:30):
I'm doing great, moll. How about yourself?

Speaker 1 (00:32):
I'm doing well. I want to start with this big
meeting at the White House last week, which was I
guess it was done in order to find solutions on
how to fix college sports, and the President of the
United States says he's going to issue an executive order
that fixes college sports and addresses things like collectives and
NIL and player movement and player compensation, all of this stuff.

(00:55):
He also acknowledged that it might not stand a legal challenge.
So that's what I want to ask you. If if
there's a plan at the executive level of the federal
government to fix college sports. What are the legal hurdles
that such a plan would fax?

Speaker 2 (01:11):
Sure, Well, it's similar to what we've been talking about
all these links is anti trust law and all the
different state laws you know that govern nil in each state,
and it's like they're trying to coach a thousand teams
at once. I can understand his perspective and what he's
trying to do, but to really get teeth in it,
it would need some sort of congressional approval Congress for

(01:33):
me to come to come together. Just a president's executive
order alone doesn't create it an anti trust exemption, and
it seems that that's what his angle is ultimately here,
is to try to get some anti trust exemption to
protect the NC double A, allow the NT double A
to have a better framework to keep a hold, and
to try to bring us out of the wild West era.

(01:53):
But without congressional approval it could be very difficult. MO
And like I said, anti trust exemptions, anti trust laws,
and state laws really stand in the way. And you know,
President Trump certainly seemed very cognitiant of that.

Speaker 1 (02:06):
Speaking of anti trust, which is a topic that, as
you mentioned, you and I talked about a lot. So
the Department of Justice and Live Nation have settled an
anti trust dispute that I think has had a lot
more to do with concert tickets, the prices of them,
the accessibility of them, than anything else. What can the
impact be on sports fans of this case?

Speaker 2 (02:27):
Sure? Well, first off, hold the phone on that they
have an agreement in place, but the judge has to
sid the court has to sign off on it. And
apparently a lot of the states that are involved aren't
immediately signing onto this right now, so it's still fluid.
But if the settlement goes through, what it can do
is open up the markets for college sports fans. Live

(02:48):
Nation we think of Live Nation, we think of live music,
but they own Ticketmaster and ticket Masters you know, obviously
is the biggest platform out there for sports as well.
So if this goes through, it could more you know,
more platforms into the market to sell to sports fans, uh,
and more options for schools and teams to partner with

(03:10):
and and not be so exclusive to Ticketmaster. Hoptal help
with steams as well too. It creates more competition to
be more competitive on fees, you know, you go, you
buy one hundred dollars ticket to a football game and
you get twenty five dollars in fees on that. Nobody
likes that, So hopefully this will hopefully this will help
with that.

Speaker 1 (03:26):
What could be a reason why a judge would not
sign off on.

Speaker 2 (03:29):
This, Well, we have to see how the framework goes
and if all the parties getting get an agreement here
all the states and whatnot, but they need their time
to weigh in. He's going to factor in and all that.
He was upset because the trial had already started and
they had apparently had a framework in place over the
weekend and didn't notify him until Sunday night, So he

(03:51):
wasn't very happy about that. Does that mean it's going
to make the settlement? No, but you know, you never
want to tick off a judge.

Speaker 1 (03:58):
Yeah. Number one, Yeah, old number one for lawyers and
common folk, a like attorney Steward W. Penrose from the
Manila Law Group joins us to talk about the sports,
about sports and the law on Tuesdays. So we have
one of the fixers in this large betting scheme that
you had like twenty six people who have been charged

(04:18):
in wire fraud and bribery chargers and the genesis of
this is huge bets on rig college basketball games. This guy,
Jalen Smith, has appeared in federal court. He has pluged
guilty and uh so this is like the first domino
to fall. I guess my question is what does his
outcome mean for the other people, specifically the college basketball

(04:41):
players involved.

Speaker 2 (04:43):
Well, like you said, it's the first domino to fall.
So certainly the government through him as has amount and
through other resources as well, has amount of evidence to
go on here. Clearly he has some love, must have
had some level of cooperation to take a plea this early.
It will help the domino's fall, Let's put it that way.

(05:03):
As far as the athletes themselves, you know, we'll have
to see how that plays out, mo. I mean those
that are implicated, I mean, certainly from an nc double
A perspective, Yeah, you certainly think that's the end of
their NCAA careers at a minimum. What they say from
a criminal standpoint remains to be seen based upon their
level of involvement, what they face. As far as sendence team.

(05:24):
For those that involve criminally, you know, time will tell,
you know, a judge is going to be more likely
to give some leeway to a college kid than he
has a a bigger man up on the totem pole.
In such a scheme, the players or the players are
almost are essentially the ponds and something like this.

Speaker 1 (05:43):
Yeah no, I think that's that's obviously well put. Attorney
Stuart W. Penrose from the Manila Lag Group. Awesome stuff
as always, man, Thank you so much, Thank you, bo.
He's the absolute best. He's our legal expert from the
Manila Lag Group. Stuart W. Penrose joins us every single
to all right. The Bearcats are up by ten eleven

(06:04):
seventeen to go first round game and the Big Twelve Tournament.
Sports headlines are a service of Kelsey Chevrolet Home of
lifetime powertrain protection, guaranteed credit approval from their family too,
yours for life, kelseyschev dot Com. It's now forty eight
to thirty nine in favor of Cincinnati eleven and change
to go. Winner will take on UCF tomorrow. Earlier today

(06:25):
in the Big Twelve Tournament, Arizona State knocked off Baylor.
For what it's worth. Pittsburgh beat SMU at the Buzzer
and the ACC Tournament. SMU one of those teams that
needed to win this week. We'll see how that may
or may not impact the Bearcats. Quiet day so far
for the Bengals in free agency. We'll see if that
changes between now and six o'clock. Reds are taken on

(06:48):
the Colorado Rockies today, on the day that we found
out Hunter Green's gonna have surgery to remove chips from
his elbow. He is now expected to make his season
debut in July. Good news is it's not Tommy John.
It's not regarded as season ending surgery. Bad news is
still gonna miss roughly half the season. Reds are playing
the Rockies today. PJ. Higgins with a home run. Cincinnati

(07:10):
on top road team today three to nothing. Brandon Williamson
on the hill for Cincinnati, pitched a scoreless first inning
for the Red Legs. By the Way, College Basketball Horizon
League Tournament title game tonight, Wright State after beating NKU
last night, it takes on Detroit Mercy for the conference championship,
and the Columbus Blue Jackets play on the road tonight

(07:31):
against Tampa Bay. You are caught up twelve point game
right now. Cincinnati leads Utah fifty one to thirty nine.
We'll jump back into what the Bengals did and still
need to do. Coming up on ESPN fifteen thirty Cincinnati Sports.

Speaker 2 (07:45):
Station Cincinnati's ESPN fifteen thirty Traffic.

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Third four classes now visit ucehealth dot com. Northbound seventy five,
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(08:13):
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Speaker 1 (08:22):
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