An NCAA Deal & Special Needs Advocacy on Social Media 5/24/24

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 24 May 2024

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

The NCAA has signed off on a deal that could change college sports–and student athletes–forever. Chair of Carolina Coastal University Athletics Joe Moglia discusses the $2.8B that could be coming to college players over the next decade, as well as the winners and losers in a new business plan for university athletics. Elon Musk says he doesn’t support President Biden’s tariffs on Chinese EVs, Novo Nordisk says Ozempic could slow kidney disease, and the number of 401(k) millionaires has hit a new high. Plus, Nick and Gabe Safier have been spreading joy and special needs advocacy on social media. The brothers and creators of the Safier Universe join Becky Quick and Andrew Ross Sorkin for a conversation on the bright side of the internet. Joe Moglia - 13:14 Nick and Gabe Safier - 24:28 In this episode: Joe Moglia, @CoachJoeMoglia Nicholas Safier, @NicholasSafier Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C. NBC producer Katie Kramer, today on Squawk Pod.
0:09.0	One big week for college athletes, the NCAA's 2.8 billion dollar settlement, Joe Moglia, the one-time
0:16.5	head of TD Ameritrade who chair sports at Coastal Carolina.
0:20.1	All the noise for the last three years about what's happening here with paying the
0:23.2	players in NIL how much talk have you heard about academics how much
0:26.4	heard about eligibility and Elon Musk against tariffs on China EVs.
0:33.2	Are you a 401k millionaire and Novo Nordisk's
0:36.6	oh-o Zembic slowing the rate of kidney disease?
0:39.9	For better or worse, we're all going to be on some version of this at some point.
0:44.2	Plus the family spreading good things on social media.
0:48.2	You like doing the videos with the family, right?
0:50.5	Yeah.
0:52.1	How Nick and Gabe Sapphire are representing the special needs community and spreading joy while making a living.
0:58.0	Would you say twinning with big bro? You like the twin?
1:01.0	Man, like a key withia Kia Kiaa.
1:03.0	And with Kia our sister Kia.
1:04.8	You guys are twin kinda right now.
1:06.6	We are.
1:07.6	It's Friday, May 24th, Squac pod begins right now.
1:11.8	Stand Becky by in three, two, one,
1:15.1	Q please.
	...

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