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Today, Explained

The right to sell out

Today, Explained

Vox

Daily News, Politics, News

4.49.5K Ratings

🗓️ 24 October 2019

⏱️ 18 minutes

🧾️ Download transcript

Summary

California is going to let college athletes make money from sneaker deals and commercials. Will the rest of the country follow suit? Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

BASCO PALLS BACK

0:06.0

LeBron James lost his first game of the season to Toronto's adopted son, Kawaii Leonard,

0:12.1

but it doesn't matter, he's still making something like $92 million this season.

0:18.6

Some of that money is his salary from the LA Lakers, but most of it is for his likeness.

0:24.0

His image and ads in video games, the dream of space jammed too that he's making the

0:29.6

reality where the mind starts.

0:31.9

That dream is why LeBron James skipped playing College Ball and went straight to the NBA.

0:38.3

And he talked about that decision on his HBO series The Shock recently.

0:42.9

Part of the reason why I went to the NBA is to give my mom out of the situation that

0:46.0

she was in.

0:47.0

I couldn't have done that if I were to step on a college campus.

0:49.8

I mean, here's the fame, but then there's no conversation, it's so crazy.

0:53.9

Like people are like, oh, you must be so rich and like, you must not know that she

0:58.1

don't lay, right?

0:59.1

I graduated in 2004.

1:00.1

I mean, we're talking about 10 years later, and they're still making money off of us.

1:04.3

The Shock is normally a conversation between athletes, musicians and actors, but in this

1:09.2

episode, a different kind of guest showed up.

1:11.3

The gigs up.

1:12.3

California Governor Gavin Newsom.

1:14.5

Big ins and big ins and dollars goes to these universities, goes to these colleges.

1:18.0

Big in plus revenue to the NCAA and the actual product the folks that are putting everything

...

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