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Speaker 1: It's time to celebrate the biggest team sport known to man,

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where modern day gladiators collide for all the glory on

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the grid.

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Speaker 2: I let's talk some.

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Speaker 1: College football on Cougar Sports with Ben Cridl.

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Speaker 2: Welcome back to the sports one of three nine ninety

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eight Quick three ESPN the Fan.

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Speaker 3: I'm Ben Crittle broadcasting from our Banterwell Studios Banderwell dot com.

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Speaker 2: And he's time for a little college football segment.

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Speaker 3: Get a welcome in uh b YU Insider Cougar Sports Insider. Yes, indeed,

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he's a CEO of Odion Men's are one of my

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nicks and crannies with one of my favorite guests.

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Speaker 2: We got Braidon deco of Odeon Men's Wear on the line.

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Speaker 3: How that are you Braiden doing awesome? How are you

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doing doing awesome? Man, it's a great day to be

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a cougar. Give me updates on your world. How's everything

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going over at Odeon and within the family.

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Speaker 4: Yeah, doing great with my family right now, we've all

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been we've got the flu the last week, so between

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one of my kids or wife that's had the flu

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over the last week. But we're surviving. We're in there.

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And then Odion. This is a time of year. It's

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interesting the rest of retail starts really picking up, and

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this is when we start going getting a little slower

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just in this time period. But you know, it doesn't

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have to be that way, all of you listeners, you

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can always come in and get Kuronel fifteen and get

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the awesome deals this semi year.

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Speaker 3: So yeah, I love the Elevate suit, obviously I promote

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that a lot. But what other deals we have going

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on there at Odeon Men's where for all of our listeners.

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Speaker 4: So right now what we do, what we are doing

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is a gift cards for twenty percent off. So honestly,

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that's a that's a great deal because you can I

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mean you could tchnically get the gift card today and

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then get twenty percent off just on top of that,

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just like get the gift card bringing in tomorrow. But

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the whole idea of that is for purchases for your

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significant o. There's anybody else in your life that may

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you want to give the gift of confidence through through

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you know the look good, feel good, do good mantra

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that we go with, but you don't know the size

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or you don't want to have to go with all that.

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You can just get a gift card and then it

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can be utilized for once once you've given it to

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your your significant other.

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Speaker 3: Love that bredon Day, CEO of Video Men's War, Odeo,

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Menswear dot Com, Braiden Cougar Football their Siny Clash. I

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think that's the best signing class and BYU football history

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top twenty one. And you flipped a few commits too

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while you're at it from the University of Utah. You've

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been you know, a big bo your fan for a

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long time. In this modern era, nothing really matches that

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recruiting ranking or the recruiting class.

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Speaker 2: Who was your favorite out of the bunch.

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Speaker 4: Oh, I mean, I'm gonna say Rider aside just because

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I think that one, like like everybody's gonna go for

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the quarterback or bau right, that's what we're gonna say.

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But I think outside of Rider, I think the one

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probably Brock Harris. Again I'm going against an another, but

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Bot Mutlo is gonna be awesome too. So I don't know,

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it's hard to pick somebody out of this class because

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I love that we have such a high average. I

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think our average is above eighty five. Maybe I don't know,

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it's eighty seven, right, And so I think just where

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we're at in terms of twenty four to seven rankings

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and everything is awesome. It's awesome the programs at this point.

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If you've see what Ba's doing right now with the

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classes they had before, just imagine what they can do

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with the same program we've got going. Everything we've got

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in terms of the culture, all those different things. I

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think you bring in this amount of talent and it's

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really excited to see what we're gonna do with it.

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Speaker 2: Love it, love it man. Yeah.

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Speaker 3: So this this BYU football team the last two years

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eleven and two, eleven A two top twenty signing class.

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When was the last time things were this good in

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Cougar football country?

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Speaker 4: I mean before I was born, Like back in the eighties.

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That's the only thing I can think of. I mean,

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we had a good run there three years in a

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row with you know, during your years of seven oh

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eight o nine, those were some really good years that

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that was the best time of t B A B

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A FEN during my lifetime. But I think this, you know,

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is above that, and it's got to be the eighties

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is the last time we had the program turning this way.

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And I personally, again I don't I wasn't alive to

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who knows, but I think the trajectory and what happened

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with the colony extension and all that kind of stuff

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looks makes you know, I think this these two years

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are really just springboards into what's what's what's potentially out

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there in the next couple of years.

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Speaker 3: Yeah, it's Uh, it's a great day to be a Cougar,

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no doubt about it.

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Speaker 2: We're going We're getting back to the glory days. Uh.

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Speaker 3: What's the ceiling for this team? Would you say, what's

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the ceiling for Koloni? What's the ceiling for Cougar football

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right now.

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Speaker 4: So I just remembered something crittled that I needed to

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tell you because you weren't on last week when we

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did the interview, that you kept giving me crap to

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not have this blue goggles and that I should get

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my real projections now, my blue goggles projections. And I

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just want to ask who was closer. Whose projection was closer?

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Speaker 3: I said the ceiling was nine to three, and you said,

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I think fourteenth thirteen for the regular season.

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Speaker 4: I think it's yeah, I've probably done sixteen and oak

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because we were winning the Natty. But yeah, no, but

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but I think I can't remember your question now. Sorry,

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I got so I just wanted to make sure I

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put that out there to you.

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Speaker 3: No, you know, I'm just say it was the ceiling

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for this Cougar football team. Obviously you're a National Championship

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or bus guy. Uh, you know it's every single year

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sixteen and oh, but is the ceiling Natty?

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Speaker 2: Once again?

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Speaker 3: When you watch that Texas Tech game, do you see

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the kaza between Elite and Great?

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Speaker 2: How far away is b yu?

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Speaker 4: I think we're it's possible, but it's still gonna be

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super tough to get into that better, But I think

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I think it's there.

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Speaker 1: Like obviously I think.

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Speaker 4: Texas Tech we could have won that game. Things go

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a little bit different. Obviously it pulled away, but going

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in three minutes left in the third quarter down by

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six points, like we were still in that game until

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all of a sudden will sell off. I still think,

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do they win that game? If we played it ten times,

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they win it eight of the ten or seven of

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the ten. And I think that's where the gap. Where

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can we get to a spot where we're just as

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good as them. I think it's going to take this

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recruiting classes like we just really had, and then getting

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a few key pieces out of the portal And I

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think it's upfront. I mean, you look at that what

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that defensive line, the problems it causes because they're able

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to do They're able to go just four down and

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not have to bring anybody else, and keep people in coverage,

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keep people, you know, sound gaps down on all those

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different things. I just think the defensive line is just crazy.

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But I think we're I don't think we're that far off.

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I think it's just a couple of players. I think

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the NIL and Portal era make it possible, So that

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gap is getting closed. I mean back in the day

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of the you know, the Bamas and Georgia's of yesteryear,

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when before that was happening, I feel like the gap

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was even bigger. I really think we're just a few

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players away from closing that gap.

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Speaker 3: Just a few years away from closing that gap. What

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do you got from me?

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Speaker 2: Ap?

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Speaker 5: So if I give you the over under two and

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a half, are you taking the over under two and

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a half years before BYU gets into the college football playoffs?

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Speaker 4: Who that's tough. I'm gonna go. I mean, my my

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blue goggles under. I think I think we've got an

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under that. It depends on what happens with the College

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FOOTBA playoff expansion too. If we go to sixteen or

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twenty teams, then I think that it's an one hundred

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percent under. If we say at twelve, I think that

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two and a half are pretty dann good over underline.

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But I think with the recruiting class the things stay intact.

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I'm gonna take the understill.

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Speaker 2: I like it. I like it.

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Speaker 4: When are we gonna get to the when do we

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get into the final semi semis? I think over I

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don't think we're there yet. I think it it's gonna

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take more than just that to be able to actually

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be competing for a national championship.

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Speaker 1: At the end.

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Speaker 4: But I think getting into the playoff, yeah, we're we're

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I mean, we were almost there this year, so I

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don't think it's crazy to say under on that.

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Speaker 5: Well, So, so do you think do you think BYU

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can get there under Kolone Satake or will it be

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the next guy after for Klannie?

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Speaker 4: I think I think it's Colone. I think I think

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we can. Whether we will or not, I don't know,

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but I think Colonie is the perfect guy to get

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us there.

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Speaker 2: I agree.

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Speaker 3: What do you make Brandon of kind of the the

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eleventh hour signing and contract extension of Kolani, Were you,

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you know a.

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Speaker 2: Little bit miffed at that, Like why did it come

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to that?

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Speaker 4: Yeah, I mean I was. I was nervous. I was

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definitely nervous that at first. I was like, Oh, this

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is just Colonna, you know, kind of getting some leverage

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there so we can get what he wants to do

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AU And I'm you know, the more you hear sometimes

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I do think that was a little bit of it.

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But there were some talks on that Monday morning that

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and I was hearing that. It was like he was

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basically gone already. I don't know how much those were

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just rumors what was going on, but I think it

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was very legitimate, and I got very, very nervous. It's

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hard to read into what actually happened. Who's at fault,

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because you know, you're hearing different stories from different people,

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But I was. Colonie's mentioned a couple time now in

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interviews postgame interviews that he wanted it to happen before

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the bye week. So the fact that he's putting that

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out there makes me think that he's in wanting this.

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And ba Is wasn't moving, and he's like, well, if

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you're not gonna move, and I'm gonna start moving, I'm

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gonna start looking out elsewhere or at least get some

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leverage there. And so I think I was very nervous.

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But I think the fact that it happened and he

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had the leverage that he had, I think sets Bau

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up for a ton of success. I mean, some of

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the rumors out there that he's gonna have more control there,

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you know, change some of the structure, who can pay

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salaries and what. I think A lot of that stuff

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really does affect the long term ability for BAU to

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get to where they want to go and where we

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want them to go.

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Speaker 3: Yeah, it's a great situation right now for for BYU.

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In my opinion, you're gonna have an influx of cash

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rev share ten to fifteen in NIL. Coaches are getting

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paid well, so you should be able to retain most

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of your players and I hope and hopefully your staff.

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Speaker 2: Where do you expect attrition?

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Speaker 3: You know, how many players do you think we're gonna

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we're gonna maybe possibly lose in this cycle?

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Speaker 4: I think, I mean, what we've always seen up until

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this point with with it is that we're losing one

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to two key players that you're like, man, that's gonna hurt.

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But then the rest of it we're we're getting in

239
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just as many or more. I think we've been a

240
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net positive in the in the portal so far. I

241
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think we're gonna start losing depth pieces that are unproven

242
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talent but think that they can go get a better

243
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shot somewhere else. I think is what we're gonna start seeing.

244
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So guys like John McKenzie, who I think has potential there.

245
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I think La Maison Waller, those are guys that like

246
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there's a potential there that that's where we're gonna get

247
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hurt the most. We probably lose another starter or two.

248
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I hope not, but I think that's just the nature

249
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of you know, as we were kind of looking through

250
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those numbers, and in my head, I'm like, okay, Like yes,

251
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even if we let's say that the between the revs

252
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and the ten to fifteen and nil, like she said,

253
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thirty million dollars, like with what some of the offers

254
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that are getting said out there for these different positions,

255
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that still doesn't mean you can just like pay thirty

256
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million as a ton, But that doesn't mean you contain

257
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all you all your talent. If somebody else is gonna

258
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come after them as they are number one and you're

259
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and they're all are number three, they're just we can't

260
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throw the money at them. So I think we're gonna

261
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miss a couple of starters here and there every year.

262
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But I don't think it's gonna be crazy. Just because

263
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of Colonie's culture, I think we're gonna be able to

264
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retain who we want as long as they are our

265
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top priority. I think we'll keep.

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Speaker 3: Them Lamson Waller Don McKenzie currently in the in the portal.

267
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You know, what was your reaction to those two individuals

268
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jumping at the portal two wide receivers spots.

269
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Speaker 4: I'm sad, Yeah, I'm sad. I think Dom. I was

270
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excited about Dom' speed and then you know, we saw

271
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some highlights coming out of spring with la Mason making

272
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some pretty acrobatic catches and I really was high on him.

273
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But I'm wondering with him. You know, it could have

274
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been a fit thing too, not just the playing time

275
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because he was hurt half the season anyway and didn't

276
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wasn't able to play. But I'm sad, but again, it's

277
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not the It's not one of those situations where you've

278
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got to dick hapstake at year to year. And I

279
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don't think that either one of them were going to

280
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be our studs next year, So I don't really think

281
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that I'm that worried about it.

282
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Speaker 2: La Mason had potential though four star.

283
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Speaker 3: Dom was a three three star speedster, you know what

284
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I mean, Like he had a nice touchdown earlier this

285
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season off the edge, showcasing that speed.

286
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Speaker 2: These guys had power four offers, power five offers.

287
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Speaker 3: Right, I can't remember all of uh all of Dom's offers,

288
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but I know he had been he had committed to Virginia.

289
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If I'm not mistaken, you of a pitt duke. Obviously

290
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b YU had offered him, he was enrolled there, Santago State,

291
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Oregon purportedly offered at one at one point, Air Force,

292
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Sage State, UNLV, Utah State. I mean, these are these

293
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are death guys too. These are death guys too.

294
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Speaker 2: Yeah, up and eventually have at junior or senior year.

295
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Speaker 4: And that's awesome. That's that's the thing is. But how

296
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cool is it now that we have guys that are

297
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depth pieces that were Yes, obviously I'm sad because I

298
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really do think he could have turned into something. But

299
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at the same time, how cool is that our depth

300
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pieces now are guys with competing P five offers, people

301
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are offers and are as highly counted as he is. Like, yes,

302
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I'm sad because of what he could be and when

303
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we signed him it was like, holy cow, this is huge.

304
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But how much talent we've gotten since then, and the

305
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fact that he still didn't crack the two DP. Yes,

306
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he's just the year off of his mission. So I

307
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really think. I'm sad about the potential, but I think

308
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year to year is the roster construction, and I didn't

309
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expect him to be a huge piece next year. So

310
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I guess that's where I mean, it's not a huge

311
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deal just because next year it doesn't make a huge

312
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difference in my opinion, who's.

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Speaker 3: The priority right now to retain. You want to get

314
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out in front of it, because you're right, hey, this

315
00:13:42,200 --> 00:13:46,320
guy could could, could could bounce if given a better opportunity.

316
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Speaker 4: Else will bear, And I think that's I didn't think that.

317
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I mean, I was obviously he's gonna get tons offers

318
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just because of who he is. But you know, a

319
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couple of players in the post game saying like if

320
00:13:57,159 --> 00:13:59,399
we can keep Bear like that, just some of those

321
00:13:59,399 --> 00:14:01,840
comments got me nervous. I think bears a huge piece

322
00:14:01,879 --> 00:14:06,080
to it. And then LJ, but that's more from the NFL.

323
00:14:06,120 --> 00:14:07,679
I don't I mean, he could transfer, but I don't

324
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see him going to another school. But I think if

325
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we can, LJ is such a huge part of that

326
00:14:12,440 --> 00:14:14,360
running game, and I think, I mean, I think is

327
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better than what the general fan thinks he is. And

328
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he was just hurt for so long. This year, but

329
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I don't know you want him to be your RB

330
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one to be as successful as we want. I think

331
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he's a great RB two. So those are the two

332
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I would I would focus.

333
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Speaker 2: On do we need what do we need to the portal?

334
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Speaker 3: What positions of need are there with guys graduating and

335
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h you know you you hope to retain everybody that

336
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has eligibility remaining, But what do you need to go

337
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get in the portal?

338
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Speaker 4: I would say, I think tackle. I know there's contradicting

339
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kind of thoughts on where the tackles are, but I

340
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know it's in a proven space Andrew Gentry comes back

341
00:14:54,399 --> 00:14:56,960
most likely, so I think we have one tackle there

342
00:14:56,960 --> 00:14:59,200
that's proven but tackles the spot. But then I also

343
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think defensive tack is a spot where I'm I'm nervous.

344
00:15:02,639 --> 00:15:05,279
If Keanu doesn't come back, and if Kirklea doesn't come

345
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back healthy, then we have a bunch of depth pieces

346
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there and not really a starter. So I think our

347
00:15:08,840 --> 00:15:11,879
number one spot we need to go after is defensive

348
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tackles because you know, we like to go at least four.

349
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We like to rotate four all the time, but we've

350
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gone six before and so I think you want to

351
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have six six defensive tackles you can play, and we're

352
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not right there in my opinion, So I think that's

353
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the number one priority. But besides that, I think we're

354
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pretty I don't think we need to go crazy on

355
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any other position besides running back. I kind of like

356
00:15:32,480 --> 00:15:34,799
I said, if I Lj's there, I'm less worried about

357
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running back. With LJ goes, we need to go hard

358
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heart in the portal defensive line, and then I think tackles.

359
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Speaker 2: I like that take.

360
00:15:43,440 --> 00:15:47,559
Speaker 5: How do you feel the linebacker room has a potential

361
00:15:47,600 --> 00:15:51,440
to lose a few guys? Obviously Jack Kelly is gonna

362
00:15:51,919 --> 00:15:55,679
be gone. Isaiah Glasker you never know what he's doing.

363
00:15:56,600 --> 00:15:59,399
How do you feel about the guys behind those two

364
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stepping up next year, potentially in the starting role.

365
00:16:03,600 --> 00:16:06,840
Speaker 4: I think getting chambered at stroller back and then being

366
00:16:06,879 --> 00:16:10,120
there as KAFUSI. I mean, Miles Hollis played some good reps.

367
00:16:10,200 --> 00:16:13,000
I'm not too worried about linebacker. If you lose obviously,

368
00:16:13,039 --> 00:16:16,120
you like you have to replace Jack. If you lose Isaiah,

369
00:16:16,159 --> 00:16:18,279
then I'm a little more nervous. But I still think

370
00:16:18,320 --> 00:16:20,759
we have a ton of talent there. And I think

371
00:16:20,799 --> 00:16:22,759
we're we're okay. I don't think you really unless there's

372
00:16:22,759 --> 00:16:24,720
a difference maker that you just have to go after.

373
00:16:25,000 --> 00:16:26,360
I don't really think you need to go to the portal.

374
00:16:26,399 --> 00:16:28,080
I say, I trust the depth there. I think you

375
00:16:28,159 --> 00:16:30,879
got athletes on athletes stacked in that room. Pierson Watson.

376
00:16:31,480 --> 00:16:33,720
I've heard so many good things out of you know,

377
00:16:33,879 --> 00:16:36,240
fall camp and then practices out of him, So I

378
00:16:36,399 --> 00:16:38,080
think we've got a lot of talent there. I'm not

379
00:16:38,080 --> 00:16:41,960
too worried about that room.

380
00:16:40,399 --> 00:16:44,600
Speaker 2: Not too worried about it this last year.

381
00:16:44,679 --> 00:16:47,960
Speaker 3: Right, So let's look at the guys that left, Okay,

382
00:16:48,639 --> 00:16:50,039
do you think all of them are regret leaving? Do

383
00:16:50,080 --> 00:16:51,720
you think Keelan regrets leaving?

384
00:16:51,759 --> 00:16:54,399
Speaker 2: Do you think? I don't think Jake does. He's too late.

385
00:16:54,480 --> 00:16:59,399
Speaker 3: He's going to see Yea, Kila's in the playoff too,

386
00:16:59,480 --> 00:17:01,679
you know what I mean? And it's like Harrison Taggart,

387
00:17:03,080 --> 00:17:04,799
who else had I got? Who else had I got?

388
00:17:04,799 --> 00:17:04,960
Speaker 2: Here?

389
00:17:06,839 --> 00:17:09,799
Speaker 4: Those that I feel like that we're Yeah, those were

390
00:17:09,839 --> 00:17:11,039
the three starters. I feel like that we lost.

391
00:17:11,079 --> 00:17:13,200
Speaker 2: I'm trying to think.

392
00:17:14,799 --> 00:17:19,240
Speaker 4: Ye I think I heard a rumor that Cruz not

393
00:17:19,359 --> 00:17:21,079
happy with his decision. I don't know if that's true,

394
00:17:21,079 --> 00:17:22,920
but I heard a rumor, but I think the other

395
00:17:23,000 --> 00:17:27,079
I think Harrison probably wishes it too, just because they

396
00:17:27,119 --> 00:17:29,960
were when Trey went out and then Sila was kind

397
00:17:29,960 --> 00:17:31,559
of dealing with some stuff. I think Harris would have

398
00:17:31,599 --> 00:17:33,720
gotten some good reps there. But I don't think we

399
00:17:33,799 --> 00:17:36,799
missed him crazy amount. But I think he probably missed us.

400
00:17:36,799 --> 00:17:40,200
But I think with obviously Jake had to go, I

401
00:17:40,200 --> 00:17:41,920
mean that not had to, but basically there was a

402
00:17:42,039 --> 00:17:44,680
decision with made for him. But I think Kielan Kilan

403
00:17:44,720 --> 00:17:47,119
is the one that made the choice, and he's probably

404
00:17:47,160 --> 00:17:48,759
fine with it. I don't think he's like, oh, man,

405
00:17:48,759 --> 00:17:50,599
I really shouldn't have left. I think he's gotten a

406
00:17:50,640 --> 00:17:53,200
lot of reps still there and still done quite a bit.

407
00:17:53,319 --> 00:17:56,079
I think he would have been the one or wide

408
00:17:56,119 --> 00:17:57,519
receiver one or two this year. I think he would

409
00:17:57,519 --> 00:17:59,079
have taken a lot of what Kingston did, even though

410
00:17:59,119 --> 00:18:01,599
I love Kingston. I think they were hyping up Marion before,

411
00:18:02,200 --> 00:18:04,880
but I think he would have been more featured on

412
00:18:04,960 --> 00:18:07,480
this team. But I think if it's his, you know,

413
00:18:07,519 --> 00:18:09,079
I just think he probably would just find it that

414
00:18:09,400 --> 00:18:11,400
Miami didn't feel too one way or the other.

415
00:18:12,799 --> 00:18:16,440
Speaker 3: Yeah, So you had Carson Sue Sue, Josh Singh to Vanderbilt,

416
00:18:16,440 --> 00:18:19,839
he played Simoni, David Ers and Taggert to cal Keel

417
00:18:19,880 --> 00:18:23,480
and maryont to Miami, Porter Small, De Weaver State, CoA

418
00:18:23,559 --> 00:18:27,799
Elders went to Hawaii. Nason Coleman went to nau Landon

419
00:18:27,839 --> 00:18:31,119
Rico went to Utah State, Cale Bresen went to Montana State.

420
00:18:31,200 --> 00:18:33,759
Kate Finigan I think, went to Aveline. Christian Carson two

421
00:18:33,839 --> 00:18:36,119
J went to Utah State. Jky Corn to Utah State,

422
00:18:36,200 --> 00:18:41,119
David Logito Boise State, Noahlugo UTSA, Dallan Johnson, Utah Tech,

423
00:18:41,240 --> 00:18:45,039
Ice Mode in Michigan State, Crew Wakey to Purdue, Dalton

424
00:18:45,079 --> 00:18:45,960
Riggs to UCF.

425
00:18:45,960 --> 00:18:47,160
Speaker 2: We saw him in provo again.

426
00:18:47,519 --> 00:18:51,160
Speaker 3: Dallenjvea Utah Tech, Cody EPs Western Kentucky.

427
00:18:51,160 --> 00:18:52,640
Speaker 2: I think he retired though Michah.

428
00:18:52,680 --> 00:18:55,799
Speaker 3: Harper went to Montana, Jackson Bowers went to Oregon State,

429
00:18:55,880 --> 00:18:58,799
Miles Davis to Utah State, and then I think Shone

430
00:18:59,200 --> 00:19:02,000
shony Moa ended up either at Yukon or Weaver.

431
00:19:03,759 --> 00:19:07,559
Speaker 4: Yeah, yeah, I don't. I don't think. I mean, there's

432
00:19:07,559 --> 00:19:10,119
probably some of those guys like Manic, you know, I don't.

433
00:19:10,119 --> 00:19:11,799
I didn't follow every single one of those. I think

434
00:19:11,799 --> 00:19:14,200
we talked about the four that I really followed super well.

435
00:19:14,559 --> 00:19:16,920
I know Jake Gikorn ended up starting up at Utah States.

436
00:19:16,920 --> 00:19:20,279
I'm sure he's happy with that situation, but yeah, I

437
00:19:20,599 --> 00:19:22,519
think it ended up being okay, And that's what I

438
00:19:22,559 --> 00:19:25,240
have felt mostly out of the portal. We've been winners.

439
00:19:25,279 --> 00:19:27,599
We've let other guys that are good players but can

440
00:19:27,640 --> 00:19:29,759
go get more rep somewhere else. They've ended up leaving,

441
00:19:30,079 --> 00:19:32,799
but we haven't really lost any huge key pieces, at

442
00:19:32,880 --> 00:19:35,160
least a multiple of them, because I think Kilany's culture

443
00:19:35,480 --> 00:19:37,160
breeds that. And then we get people to come back

444
00:19:37,200 --> 00:19:39,279
that were recruited by us and went and chased the

445
00:19:39,279 --> 00:19:40,640
bright lights, and then they end up coming back to

446
00:19:40,720 --> 00:19:42,240
us because they realized that's not as big a deal

447
00:19:42,279 --> 00:19:44,440
as they thought it wasn't. Hopefully that stops happening all

448
00:19:44,480 --> 00:19:46,680
together because recruiting is get up better. But but yeah,

449
00:19:46,799 --> 00:19:48,599
I think the portal is a net positive for BAU

450
00:19:49,160 --> 00:19:49,640
every year.

451
00:19:49,880 --> 00:19:55,880
Speaker 3: So the net positive portal of Brigham Young University. I

452
00:19:55,920 --> 00:19:58,359
hope it give it rather than take it take it

453
00:19:58,440 --> 00:20:01,799
away this offseason as well. This last offseason, though, you

454
00:20:01,839 --> 00:20:06,880
picked up Tiger Bachmeyer Justin Kirkland, Tavian Beasley, Alvin Peyafua.

455
00:20:06,960 --> 00:20:08,319
Speaker 2: I don't know if we saw him much.

456
00:20:09,200 --> 00:20:13,960
Speaker 3: Bear Bachmeyer great pickup, Kea Need, Navasa, Max, Alfred Carson,

457
00:20:14,039 --> 00:20:16,680
Ryan and E. C. Purcell to Celia Khana, Andrew Gentry,

458
00:20:16,880 --> 00:20:17,759
Kyle super Choke.

459
00:20:18,759 --> 00:20:22,119
Speaker 2: Who's the outside of Bear? Who is the best acquisition?

460
00:20:22,240 --> 00:20:22,720
Do you think?

461
00:20:23,920 --> 00:20:26,799
Speaker 4: I think Keanu ton of Us. I think he gets

462
00:20:26,880 --> 00:20:30,480
craped for not performing like you did Utah, but with

463
00:20:30,559 --> 00:20:32,839
him and John t next to him, he ended up

464
00:20:32,839 --> 00:20:34,440
playing the one tech more than I think he would

465
00:20:34,440 --> 00:20:36,720
have normally. I think if Kirkland was helpy all season,

466
00:20:36,799 --> 00:20:41,720
Kirkland plays the one tech and Knew plays the three tech,

467
00:20:41,720 --> 00:20:43,440
and I think he ends up getting more. But when

468
00:20:43,480 --> 00:20:44,960
he was taken on double teams so much, I think

469
00:20:45,000 --> 00:20:46,759
it he got lost in some of that. But I

470
00:20:46,799 --> 00:20:50,000
think you definitely say there. But then also Kyl Sapartrak

471
00:20:50,160 --> 00:20:52,920
was huge for us, and obviously he rotated with the

472
00:20:53,000 --> 00:20:55,160
with the three men rotation they had in that spot.

473
00:20:55,200 --> 00:20:56,839
But I think, I mean, when you read through that lift,

474
00:20:56,880 --> 00:20:58,160
I had already known some of those names, but I

475
00:20:58,160 --> 00:21:01,880
had forgotten about some of them being transfers. I think

476
00:21:01,920 --> 00:21:03,839
we definitely won on the portal last year, like it's

477
00:21:03,839 --> 00:21:04,519
not even close.

478
00:21:05,599 --> 00:21:07,960
Speaker 5: Well, I do have a question here, what do you

479
00:21:08,000 --> 00:21:10,440
think the solution is at the tight end position? Because

480
00:21:10,480 --> 00:21:13,519
Carson Ryan was a he was a great one year fix.

481
00:21:14,160 --> 00:21:15,759
What do you what do you think the solution is

482
00:21:15,799 --> 00:21:17,880
for next year? Is it the portal again? Do we

483
00:21:17,880 --> 00:21:19,559
trust some of the guys behind Carson?

484
00:21:20,200 --> 00:21:20,839
Speaker 2: What do you think?

485
00:21:21,640 --> 00:21:24,359
Speaker 4: I think it depends on what what goes on. And

486
00:21:24,400 --> 00:21:26,319
actually just read an article from Jeff Hanson about this,

487
00:21:26,359 --> 00:21:28,000
so this is on the top of my mind, But

488
00:21:28,200 --> 00:21:30,440
it depends on what happens with ty GOOCHI or however

489
00:21:30,440 --> 00:21:32,319
you say his last name. If he decides to go

490
00:21:32,319 --> 00:21:34,240
on a mission first, then I think you might have

491
00:21:34,240 --> 00:21:36,759
some scholarship capital of the triango in the portal. Besides that,

492
00:21:36,799 --> 00:21:38,319
there's a ton of scholarship guys in there, and yes,

493
00:21:38,359 --> 00:21:39,480
you might be able to push some of them to

494
00:21:39,480 --> 00:21:42,319
the portal, but I think they might have to roll

495
00:21:42,359 --> 00:21:45,400
with and this is kind of quoting Jeff Hanson, I

496
00:21:45,400 --> 00:21:46,720
think they might have to roll with the depths that

497
00:21:46,799 --> 00:21:51,000
they have there just because of where they're at in

498
00:21:51,119 --> 00:21:53,519
terms of numbers. Because they've got guys in this in

499
00:21:53,559 --> 00:21:55,839
the system that are going to be there next like

500
00:21:55,880 --> 00:21:58,279
in the next couple of years. They're loaded on tight ends,

501
00:21:58,400 --> 00:22:00,240
but we do have that couple of year gap now,

502
00:22:00,319 --> 00:22:02,720
and I think if they can have the scholarship capital,

503
00:22:02,759 --> 00:22:04,680
I'm sure they go after somebody and try and get

504
00:22:04,720 --> 00:22:06,279
a starter, but they might just have to kind of

505
00:22:06,359 --> 00:22:09,400
roll with Noah Moyaki and and hen Need being the

506
00:22:09,400 --> 00:22:11,799
guys next year, and then hopefully if Ty does play

507
00:22:11,799 --> 00:22:14,079
Taigauchi or however you say his last name, you know,

508
00:22:14,319 --> 00:22:17,599
kind of hopefully showing out. I think he's he is

509
00:22:17,640 --> 00:22:19,640
an underrated recruit. I think he's going to be awesome.

510
00:22:19,720 --> 00:22:20,680
I'm excited for him.

511
00:22:20,720 --> 00:22:24,920
Speaker 3: So yeah, now, ty Ty Getch is uh is the

512
00:22:24,960 --> 00:22:30,160
freak athlete of this of this class, and he's uh, He's.

513
00:22:29,839 --> 00:22:31,039
Speaker 2: He's a really nice pick up.

514
00:22:31,079 --> 00:22:33,440
Speaker 3: We'll see how he how he plays in a b

515
00:22:33,680 --> 00:22:37,240
YU uniform, no doubt. All right, Bradon. The best way

516
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to support you what you do, how you do it

517
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over there at Odeon Menswear.

518
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Speaker 4: Yeah, right now is take advantage of the twenty percent

519
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off gift cards. It's a huge opportunity for you to

520
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521
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other or you know, for friends, family, anybody else who

522
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might need that this time of year, and you're trying

523
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to find out to figure out a gift and you

524
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want them to be able to choose it, to choose it.

525
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ODI gift Card is awesome.

526
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Speaker 3: Love it Odeon Men's Where, Odeon Menswear dot Com. Now's

527
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the time, hey, your bond gifts for people you know,

528
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for your friends and family members. Go on into Odeon

529
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530
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or the mission.

531
00:23:18,359 --> 00:23:19,960
Speaker 2: Appreciate you, Braden, Thanks for hopping on.

532
00:23:20,839 --> 00:23:21,920
Speaker 4: Thank cookies.

533
00:23:22,519 --> 00:23:25,839
Speaker 3: Yeah, buddy, tis the season to be given, speaking of giving,

534
00:23:26,160 --> 00:23:29,440
and the road home is here to give back to

535
00:23:29,519 --> 00:23:31,799
those that are in most need. ESPN the Fan of

536
00:23:31,839 --> 00:23:33,920
the Rocky Mountain Chevy Dealers invite you to help those

537
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that are in need during this holiday season with much

538
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needed blankets, coach shoes, hats and gloves, lightly used clothing items,

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a nonperishable food items, hygiene items. Head on over to

540
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any one of your Rocky Mountain Chevy dealers or visit

541
00:23:46,920 --> 00:23:49,759
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542
00:23:49,960 --> 00:23:52,319
and help others find their way home. Let's take a

543
00:23:52,359 --> 00:23:54,359
brief time out. We'll be back Let's talk stats with

544
00:23:54,400 --> 00:23:57,519
Blaine Anderson, and I want to get his thoughts this commentary,

545
00:23:57,599 --> 00:24:01,480
his insight on this private equity, what's cooking up on

546
00:24:01,519 --> 00:24:05,640
the hill and uh is it too good to maybe

547
00:24:05,680 --> 00:24:07,559
be true? That coming up next, this is Cougar Sports

548
00:24:07,599 --> 00:24:09,559
on one of three nine ninety eight point three eight

549
00:24:09,799 --> 00:24:11,240
SPN Stats.

550
00:24:12,599 --> 00:24:14,119
Speaker 6: Let's talk about stats.

551
00:24:14,119 --> 00:24:17,039
Speaker 1: Ben Cretinal and his team of former players and insiders

552
00:24:17,079 --> 00:24:20,359
give you the latest stats, data and analytics that are

553
00:24:20,400 --> 00:24:25,160
trending in the world of Cougar Sports Stats.

554
00:24:26,200 --> 00:24:28,039
Speaker 3: Welcome back your sports one of the three nine ninety

555
00:24:28,039 --> 00:24:30,119
eight point three ESPN the Fan. I've been tital broadcasting

556
00:24:30,160 --> 00:24:32,559
from our Banterwealth Studios Banterwealth dot com. Get on a

557
00:24:32,599 --> 00:24:34,640
free Q and A no obligation to invest Q and

558
00:24:34,680 --> 00:24:37,480
A with our tax smart wealth advisors today and we

559
00:24:37,559 --> 00:24:41,759
have our tax my wealth advisor on the line right now.

560
00:24:41,799 --> 00:24:45,400
He's NFLPA certified financial planner, Blaine Anderson to discuss private

561
00:24:45,440 --> 00:24:46,720
equity in sports.

562
00:24:46,720 --> 00:24:47,599
Speaker 2: Blaine, how the heck are you?

563
00:24:48,839 --> 00:24:51,559
Speaker 6: I'm doing good? This is a big topic. Ben, happy

564
00:24:51,599 --> 00:24:53,720
to join you and be on the show today.

565
00:24:53,720 --> 00:24:55,039
Speaker 2: Thank you, Thank yah Man.

566
00:24:55,079 --> 00:24:57,160
Speaker 3: I want to lean into your expertise and your knowledge

567
00:24:57,599 --> 00:25:01,720
We've been very h you know, kind of hesitant to

568
00:25:01,759 --> 00:25:04,599
go all in on private equity and sports. It's been

569
00:25:04,599 --> 00:25:06,119
a bit of a hiss and a byword for many

570
00:25:06,519 --> 00:25:10,559
that appine on this within the media, sometimes within fan bases.

571
00:25:11,079 --> 00:25:14,960
Private equity has been flirting with athletic departments for a

572
00:25:14,960 --> 00:25:18,680
while now, and athletic departments have been flirtatious with them.

573
00:25:19,359 --> 00:25:22,119
University of you Tah the first to jump into this

574
00:25:22,640 --> 00:25:26,960
and decide that this is for them. Private equity is

575
00:25:27,000 --> 00:25:31,319
obviously porn in but both both professional and now college

576
00:25:31,359 --> 00:25:34,799
athletics now, so help us understand why investors are so

577
00:25:34,960 --> 00:25:36,960
attracted to this space right now?

578
00:25:38,519 --> 00:25:41,240
Speaker 6: Well, as you mentioned, Utah became the first university to

579
00:25:41,359 --> 00:25:45,000
formalize what schools across the country have been evaluating for

580
00:25:45,960 --> 00:25:48,680
really at least for the past two years. And someone

581
00:25:48,759 --> 00:25:51,200
was going to take the first step, and Utah decided

582
00:25:51,240 --> 00:25:55,880
that waiting was riskier than acting. And so here we

583
00:25:55,920 --> 00:26:00,119
are the first introduction to private equity within college sports.

584
00:26:00,559 --> 00:26:03,160
I can say I've been seeing it on the professional level.

585
00:26:03,400 --> 00:26:07,960
We've had funds present their funds to us, and vander

586
00:26:08,319 --> 00:26:11,640
does a lot in the private space, so this area

587
00:26:12,000 --> 00:26:14,599
is not foreign to us. The private equity and the

588
00:26:14,599 --> 00:26:19,720
private investments. To answer your question, private equity has taken

589
00:26:19,759 --> 00:26:22,319
over a lot of industries. We're all seeing it, whether

590
00:26:22,400 --> 00:26:26,640
it's real estate, even land. We're finding a lot of

591
00:26:26,680 --> 00:26:29,720
farmers private equity coming in buying a lot of land.

592
00:26:29,880 --> 00:26:32,880
But the thing about private equity is, as we know,

593
00:26:33,000 --> 00:26:37,039
they're not looking for five percent returns. They typically target

594
00:26:37,200 --> 00:26:41,599
mid teens to twenty percent annual returns with two to

595
00:26:41,640 --> 00:26:45,519
five times multiples over seven to ten years. That's why

596
00:26:45,559 --> 00:26:49,359
a deal like Utah has real estate or has real

597
00:26:49,440 --> 00:26:53,680
expectations tied to revenue growth, and that's why private equity

598
00:26:53,880 --> 00:26:56,839
and investors they're in it to win, and they're going

599
00:26:56,880 --> 00:26:59,400
to look to drive up that return on investment and

600
00:26:59,400 --> 00:27:01,680
it's usually twenty plus percent that they expect.

601
00:27:02,960 --> 00:27:05,240
Speaker 3: Yeah, so there's a certain number that they're going to

602
00:27:05,279 --> 00:27:06,240
get right off the top.

603
00:27:06,319 --> 00:27:07,039
Speaker 2: It seems right.

604
00:27:07,079 --> 00:27:08,839
Speaker 3: They're going to take the revenue right off the top

605
00:27:08,839 --> 00:27:11,880
of that. Hey, this is ours for this investment.

606
00:27:11,960 --> 00:27:12,759
Speaker 2: Correct.

607
00:27:14,119 --> 00:27:16,759
Speaker 6: Yes, oftentimes there's going to be a capital infusion. My

608
00:27:16,839 --> 00:27:19,640
understanding is that this this deal here to start, is

609
00:27:19,640 --> 00:27:21,519
it five hundred million dollars?

610
00:27:21,920 --> 00:27:23,319
Speaker 2: Yeah? Pretty crazy.

611
00:27:23,359 --> 00:27:27,119
Speaker 3: They're also inviting donors to have an equity stake in

612
00:27:27,160 --> 00:27:30,440
it as well. I think that's I don't know if

613
00:27:30,440 --> 00:27:33,559
that's been a part of all of these private equity deals,

614
00:27:33,559 --> 00:27:36,319
but they're inviting donors to have.

615
00:27:37,599 --> 00:27:39,400
Speaker 2: Ownership. It used to be as me.

616
00:27:39,480 --> 00:27:41,920
Speaker 3: You know, tax deduction, right, tax deduction we're talking about

617
00:27:42,039 --> 00:27:44,200
at the end of the year, you're looking for tax deductions.

618
00:27:44,240 --> 00:27:45,480
Speaker 2: You got a few million in the bank.

619
00:27:45,480 --> 00:27:47,559
Speaker 3: You're like, oh, well, i'll give it to the university

620
00:27:47,599 --> 00:27:49,759
that I love, the athletic department that I love, and

621
00:27:49,799 --> 00:27:52,440
you get the tax deduction. How does it work if

622
00:27:52,440 --> 00:27:55,759
you're a donor and you put that money as an investment,

623
00:27:56,240 --> 00:27:59,720
as an equity stakeholder in this new Utah Rands LLC.

624
00:27:59,839 --> 00:28:01,240
I know, so I'm going to, you know, kind of

625
00:28:01,279 --> 00:28:03,559
throwing one at you here, but I wonder what that

626
00:28:03,599 --> 00:28:03,960
would be.

627
00:28:05,599 --> 00:28:09,000
Speaker 6: Well, the comparison I can give is with a fund

628
00:28:09,000 --> 00:28:11,920
that we've been working with in professional sports. So this

629
00:28:12,039 --> 00:28:14,960
is for private equity, and there's a number of professional

630
00:28:15,000 --> 00:28:18,839
teams that many of our listeners, even the Yankees, the

631
00:28:18,880 --> 00:28:22,880
San Francisco Giants, the Las Vegas Athletics, these are all

632
00:28:22,920 --> 00:28:26,960
teams that have opened up minority stakes in their club

633
00:28:27,400 --> 00:28:30,359
for investors to come in and so investors usually come

634
00:28:30,400 --> 00:28:34,200
in with investments as low as one hundred thousand dollars.

635
00:28:34,759 --> 00:28:39,799
They have an expectation usually around fifteen to even twenty

636
00:28:39,799 --> 00:28:43,559
five percent per year return. The life cycles are often

637
00:28:43,759 --> 00:28:46,759
seven to ten years. And what I'm seeing on the

638
00:28:46,799 --> 00:28:49,680
professional level and with some of the funds that we've

639
00:28:49,720 --> 00:28:54,039
been presented, is that these teams are looking to expand

640
00:28:54,680 --> 00:28:58,880
more than just the game itself. They're getting into the

641
00:28:58,920 --> 00:29:02,279
real estate around the stadium. They're getting into the hotels,

642
00:29:02,359 --> 00:29:06,319
the hospitality, they're getting into the marketing. Of course we

643
00:29:06,400 --> 00:29:10,799
know about the media contracts, but the restaurants, all of

644
00:29:10,839 --> 00:29:14,359
the shopping around the stadiums. It's becoming much more than

645
00:29:14,440 --> 00:29:16,599
just the game itself, and they want to open up

646
00:29:17,319 --> 00:29:20,400
pieces of the business ownership of the company and the

647
00:29:20,480 --> 00:29:24,440
teams usually in five ten percent, but to investors so

648
00:29:24,480 --> 00:29:26,960
that they can make an investment with an expectation for

649
00:29:27,000 --> 00:29:31,279
a return on that investment. And there's some tax implications

650
00:29:31,319 --> 00:29:34,480
and benefits, but really it's more about that return on investment,

651
00:29:34,519 --> 00:29:38,960
their expectation to get a cash return for their initial investment.

652
00:29:40,279 --> 00:29:43,640
Speaker 3: Yeah, it's an interesting foray, no doubt about it.

653
00:29:44,119 --> 00:29:46,720
Speaker 2: And so you know, you.

654
00:29:46,799 --> 00:29:50,400
Speaker 3: Taught is the first program to jump into the first

655
00:29:50,400 --> 00:29:54,599
domino to fall. Why do you think they move first

656
00:29:55,000 --> 00:29:56,079
in all of this mess?

657
00:29:58,279 --> 00:30:01,680
Speaker 6: Well, really, as I think about it, there's a couple

658
00:30:01,680 --> 00:30:04,920
of things. But when we look at it from a

659
00:30:05,000 --> 00:30:09,319
national scale, the Big twelve schools are tens of millions

660
00:30:09,319 --> 00:30:12,119
of dollars behind the SEC behind the Big ten and

661
00:30:12,200 --> 00:30:18,279
annual revenue, we know that the new cost for the

662
00:30:18,400 --> 00:30:21,599
media rights and the revenue shares about twenty and a

663
00:30:21,640 --> 00:30:25,720
half million dollars a year. UTAH mentions that they refuse

664
00:30:25,839 --> 00:30:30,599
to raise student fees, cut sports, cut academic or research programs,

665
00:30:30,640 --> 00:30:34,759
and that the status quo jeopardize their future. And so

666
00:30:35,279 --> 00:30:37,599
there's a few nuances things that I've read about this

667
00:30:37,720 --> 00:30:39,640
deal that I'll mention here in just a minute that

668
00:30:39,720 --> 00:30:45,319
I think give them some outs. But now they're wanting

669
00:30:45,359 --> 00:30:49,200
to maximize efficiencies from a business standpoint, from a private

670
00:30:49,200 --> 00:30:55,319
equity standpoint on ticketing, events, sponsorships, inil distribution. So they're

671
00:30:55,359 --> 00:30:59,519
definitely commercializing that side even more, looking to enhance the

672
00:30:59,559 --> 00:31:05,440
efficientes of the business. Ultra Capital, which is the PE partner,

673
00:31:05,480 --> 00:31:08,960
now owns a minority stake in the business. UTAH owns

674
00:31:09,000 --> 00:31:13,359
most of it, and they still control athletics, whether it's coaches, scheduling,

675
00:31:13,400 --> 00:31:17,680
who gets the Nile, etc. But I'm confident that it's

676
00:31:17,920 --> 00:31:20,640
a to raise the bar within the conference but also

677
00:31:20,720 --> 00:31:23,599
to improve their positioning across the country as a team,

678
00:31:24,160 --> 00:31:28,240
and money and expanded resources are going to drive that.

679
00:31:28,720 --> 00:31:31,240
There's some risk to it, but I see the reward.

680
00:31:33,200 --> 00:31:35,400
Speaker 3: What does this process look like? How does the deal

681
00:31:35,440 --> 00:31:39,319
actually work? Utah had to essentially create a new company

682
00:31:39,759 --> 00:31:43,319
and separate their football program from their ad How does

683
00:31:43,359 --> 00:31:44,119
that actually work?

684
00:31:45,559 --> 00:31:47,680
Speaker 6: Yeah, from what I've seen, this is a test case

685
00:31:47,759 --> 00:31:50,599
really for the entire country. It's a first of its

686
00:31:50,680 --> 00:31:55,640
kind partnership. Universities nationwide have been exploring this, and there's

687
00:31:55,680 --> 00:31:59,440
been a few in particular. I know the Big twelve

688
00:31:59,480 --> 00:32:03,119
considered this with a pe. The Big Ten almost did

689
00:32:03,160 --> 00:32:08,119
a multi billion dollar deal with UC Investments. Kentucky and

690
00:32:08,160 --> 00:32:14,759
Clemson have established internal companies for athletic business operations. From

691
00:32:14,759 --> 00:32:19,039
what I've seen and read, they have essentially sold out

692
00:32:19,400 --> 00:32:22,400
a portion of the athletic department to a private equity

693
00:32:22,440 --> 00:32:27,079
group who will now manage the business operations. And there

694
00:32:27,119 --> 00:32:29,440
is one piece that I read to this that I

695
00:32:29,480 --> 00:32:35,680
found very interesting and that's that UTAH can buy backtro

696
00:32:35,920 --> 00:32:38,839
is the name of the PE group Ultra Capital stake

697
00:32:39,079 --> 00:32:41,720
in the future, and so I think that does leave

698
00:32:41,759 --> 00:32:45,920
them a good option to still have some control. But

699
00:32:45,920 --> 00:32:50,359
they've established a board, a seven person board. It'll have

700
00:32:50,680 --> 00:32:54,880
four Utah reps, two Ultra Capital reps, and then one

701
00:32:55,039 --> 00:33:00,480
university supporter or investor, and they'll run it even more

702
00:33:00,480 --> 00:33:02,920
so like a business. And with that it's a for

703
00:33:03,000 --> 00:33:05,480
profit business. So I'm sure there'll be some trickle down

704
00:33:05,480 --> 00:33:09,319
effects to us as fans, but definitely the idea is

705
00:33:09,359 --> 00:33:13,160
bring in more money, maximize efficiencies, and expand their operation.

706
00:33:14,599 --> 00:33:18,079
Speaker 3: Crazy times, no doubt about it. What kind of returns

707
00:33:18,119 --> 00:33:22,880
do you think these private equity firms expect, right, I

708
00:33:22,880 --> 00:33:24,839
mean you talked about a few numbers here, like what

709
00:33:25,039 --> 00:33:28,440
are they looking at as far as an ROI for

710
00:33:28,519 --> 00:33:30,160
their private equity stakeholders.

711
00:33:31,680 --> 00:33:35,279
Speaker 6: Well, most private equity funds target around fifteen to twenty

712
00:33:35,319 --> 00:33:40,720
five percent net internal rate of return and that's a

713
00:33:40,799 --> 00:33:45,440
two to five times multiple, so doubling or even five

714
00:33:45,519 --> 00:33:50,200
times multiple on invested capital over a seven to ten

715
00:33:50,279 --> 00:33:54,960
year period. So these are higher risk, higher return opportunities.

716
00:33:55,680 --> 00:33:59,279
They're not entering polished sports to simply stabilize. They expect

717
00:33:59,319 --> 00:34:05,920
significant commercial growth and that's why UTA's business operations, ticketing, sponsorships,

718
00:34:05,920 --> 00:34:10,679
and il concessions will be run with professional, revenue focused deficiency.

719
00:34:10,679 --> 00:34:12,679
And to answer your question, I would say they're in

720
00:34:12,760 --> 00:34:14,960
it for at least twenty percent of year is what

721
00:34:15,000 --> 00:34:20,679
I would expect that investors want to see with their investments.

722
00:34:22,039 --> 00:34:24,599
Speaker 3: I mean, you compare that to other investments twenty percent.

723
00:34:24,679 --> 00:34:29,039
I mean that's hard to hit that that mark twenty percent.

724
00:34:29,119 --> 00:34:31,880
You talk to any investor, you say twenty percent return

725
00:34:31,920 --> 00:34:35,000
on your money, they tell you there's no way, like

726
00:34:35,199 --> 00:34:37,440
that's too good to be true.

727
00:34:38,559 --> 00:34:43,000
Speaker 6: Well, absolutely, and private equity is known for being the

728
00:34:43,039 --> 00:34:46,039
type investment going for a triple or even a home run.

729
00:34:46,159 --> 00:34:49,400
There's higher risks, there's higher reward. And I'm just speaking

730
00:34:49,440 --> 00:34:51,599
in general when I talk about those returns. I don't

731
00:34:51,599 --> 00:34:54,519
know about this one specifically, but I do know private

732
00:34:54,519 --> 00:34:59,280
equity funds target fifteen to twenty five percent. And you're right,

733
00:34:59,320 --> 00:35:03,440
those are higher risk, higher returns. But maybe some of

734
00:35:03,480 --> 00:35:05,679
the people will be doing it also because they can

735
00:35:05,719 --> 00:35:10,599
support a program where they can support an entertainment that

736
00:35:10,639 --> 00:35:14,400
they like. We all know that we as a society

737
00:35:14,440 --> 00:35:18,159
are the ones that push a lot of this. I

738
00:35:18,159 --> 00:35:20,960
mean it's we make memories together, we enjoy going to

739
00:35:21,039 --> 00:35:24,079
the games. There may be some I don't know if

740
00:35:24,079 --> 00:35:28,760
you call it altruistic, but maybe just some internal motivations

741
00:35:28,800 --> 00:35:32,719
for some investors to support the program. But instead of

742
00:35:32,760 --> 00:35:35,800
just going after a text right off, now they can

743
00:35:35,840 --> 00:35:38,119
do it with an expectation for a return on investment.

744
00:35:38,239 --> 00:35:39,960
I don't know how much of this will be opened

745
00:35:40,039 --> 00:35:43,239
up to every day investors. I know, even the fund

746
00:35:43,239 --> 00:35:46,719
that we work with is pretty limited, so I don't

747
00:35:46,760 --> 00:35:51,239
know how much of that will be shared or displayed.

748
00:35:51,280 --> 00:35:56,360
But I'll be following it closely and interested to see.

749
00:35:55,480 --> 00:35:59,880
Speaker 3: Very intriguing private equity getting into collegiate analytics and write

750
00:36:00,119 --> 00:36:04,400
here in the great state of Utah. You've talked a

751
00:36:04,440 --> 00:36:08,320
little bit about how players have felt underpaid for years. Right,

752
00:36:08,400 --> 00:36:10,960
You've been involved in the last five years with the

753
00:36:10,960 --> 00:36:17,599
student athletes representing these football players, basketball players. What is

754
00:36:17,679 --> 00:36:20,480
that feeling that you've gotten from them, like how underpaid

755
00:36:20,519 --> 00:36:21,079
have they been?

756
00:36:21,079 --> 00:36:23,039
Speaker 2: Do you feel well?

757
00:36:23,039 --> 00:36:26,039
Speaker 6: And that's why, just me personally, with my own perspective,

758
00:36:26,119 --> 00:36:30,320
I have been somewhat conflicted on this because I remember

759
00:36:30,400 --> 00:36:35,400
even pre in IL, I remember players being mobbed for

760
00:36:35,480 --> 00:36:39,280
autographs and interviews and then going back to extremely modest

761
00:36:39,320 --> 00:36:43,119
living situations and conditions. And then I did feel like

762
00:36:43,199 --> 00:36:45,840
in IL finally gave athletes as a share of the

763
00:36:45,920 --> 00:36:49,199
value that they create, the entertainment that they provide all

764
00:36:49,239 --> 00:36:52,840
of us. But the cost of doing what's fair created

765
00:36:52,880 --> 00:36:55,760
financial pressure that has led to deals like this where

766
00:36:55,840 --> 00:36:59,800
now it's swamm back the other way. And I've always

767
00:37:00,000 --> 00:37:03,960
referred college sports over professional, so to me, this is

768
00:37:04,000 --> 00:37:09,559
definitely a step more towards professional. It's certainly seems right

769
00:37:09,639 --> 00:37:14,039
and fair for the players, especially coming from where they

770
00:37:14,079 --> 00:37:17,719
did pre NIL, but that pendulum is swinging, and it's

771
00:37:17,719 --> 00:37:19,719
swinging hard back the other way, and this is a

772
00:37:19,800 --> 00:37:25,000
huge step and commercializing college sports and maybe even losing

773
00:37:25,039 --> 00:37:28,800
some of those things that we liked before as fans,

774
00:37:28,840 --> 00:37:32,840
but that probably weren't all that equitable to players.

775
00:37:32,960 --> 00:37:35,920
Speaker 3: Yeah, Like, you know, people got to they got to

776
00:37:35,960 --> 00:37:37,239
be paid a fair market rate, right.

777
00:37:37,239 --> 00:37:38,679
Speaker 2: We talk a lot about that on the show.

778
00:37:38,719 --> 00:37:41,639
Speaker 3: It's you know, are we honest in our dealings with

779
00:37:41,760 --> 00:37:45,199
our fellow man? Well, to me, being honest is given

780
00:37:45,239 --> 00:37:48,039
a fair market rate for a fair day's work.

781
00:37:49,719 --> 00:37:52,559
Speaker 6: Totally totally. And I remember seeing some of the players

782
00:37:52,599 --> 00:37:56,239
before and I would think, gosh, that's such a shift

783
00:37:56,400 --> 00:37:59,639
where they got seventy thousand fans rooting for him at

784
00:37:59,639 --> 00:38:03,320
a game, and we know the hard work, and really

785
00:38:03,800 --> 00:38:06,119
they're one percenters. I mean, there's not a lot of

786
00:38:06,159 --> 00:38:08,440
people that could go and do what they do, but

787
00:38:08,519 --> 00:38:12,800
yet they were so significantly underpaid before. And of course

788
00:38:12,840 --> 00:38:16,599
there's been a lot of evolving that's taken place in

789
00:38:16,639 --> 00:38:19,119
the last five years. And I think this is just

790
00:38:19,159 --> 00:38:22,320
the new reality and the new world of college sports.

791
00:38:22,639 --> 00:38:25,559
And there's not much you or I or many of

792
00:38:25,599 --> 00:38:28,800
us can do about it. It's just the capitalistic world

793
00:38:28,880 --> 00:38:33,159
and the society we live in. And you know, certainly

794
00:38:33,199 --> 00:38:36,599
paying players and having them received more of that pie

795
00:38:36,719 --> 00:38:38,760
to me makes a lot of sense. It wasn't. I

796
00:38:38,760 --> 00:38:40,280
didn't like the way it was before either.

797
00:38:41,719 --> 00:38:42,039
Speaker 2: Yeah.

798
00:38:42,519 --> 00:38:45,599
Speaker 3: Yeah, there's definitely a balance to it all, no doubt

799
00:38:45,639 --> 00:38:51,960
about it. As you love sports, right you know, you

800
00:38:52,039 --> 00:38:55,559
love college and professional I thought he's look like collegiate

801
00:38:55,559 --> 00:38:58,960
athletics as professional sports. Now are you are you worried

802
00:38:59,000 --> 00:39:02,920
that that we're losing the identity of collegiate athletics right now?

803
00:39:03,159 --> 00:39:06,519
Do you feel like it's going too far to professionalism

804
00:39:06,559 --> 00:39:12,400
and transactionality rather than transformational in this collegiate world.

805
00:39:14,239 --> 00:39:18,599
Speaker 6: Well, for me being honest, yeah, a little bit, I am.

806
00:39:18,840 --> 00:39:23,280
I mean, I am one that has always enjoyed college athletics,

807
00:39:23,280 --> 00:39:27,079
and I think we as friends and family haven't made

808
00:39:27,079 --> 00:39:31,119
many memories together around college sports, and we've always said

809
00:39:31,199 --> 00:39:35,159
we like the college athletes. They're playing for something. They

810
00:39:35,440 --> 00:39:39,159
seem to care a little bit more. And I don't

811
00:39:39,159 --> 00:39:43,280
know if that'll go away, but it's definitely moving more

812
00:39:43,320 --> 00:39:47,000
towards professional sports. And there's not really much that I

813
00:39:47,039 --> 00:39:49,760
can do about it, of course, but there is a

814
00:39:49,800 --> 00:39:51,880
little bit of that fear, and I don't know if

815
00:39:51,920 --> 00:39:55,719
there's anything we can do about it. But I'll still

816
00:39:55,760 --> 00:39:58,599
be supporting our team and probably still more of a

817
00:39:58,599 --> 00:40:02,559
college guy than I am profession uh. But private equity

818
00:40:02,599 --> 00:40:08,039
coming into the college landscape is a step towards commercializing

819
00:40:08,079 --> 00:40:09,960
this in a way that we've never seen before, and

820
00:40:10,000 --> 00:40:11,639
I think it will be different after this.

821
00:40:13,480 --> 00:40:17,840
Speaker 3: Blaine Anderson Certified Financial Planner, tax Mart Wealth Advisor n

822
00:40:17,880 --> 00:40:21,119
f l P, A certified financial planner from Banterwealth, Batterwealth

823
00:40:21,159 --> 00:40:24,719
dot Com. Here on your Utah ESPN Radio network talking

824
00:40:24,960 --> 00:40:29,239
private equity in sports. Uh is, well, let me give

825
00:40:29,239 --> 00:40:31,320
me give me your takeaway right now, your final kind

826
00:40:31,360 --> 00:40:34,079
of takeaway for listeners about private equity and in college sports.

827
00:40:34,119 --> 00:40:36,079
Is this going to be a good thing or a

828
00:40:36,119 --> 00:40:39,719
bad thing for the overall product, for the players, for

829
00:40:39,840 --> 00:40:43,559
these universities as well. There's multitude, there's a there's multiple

830
00:40:43,599 --> 00:40:48,840
facets to this and multiple impactful parties or impacted parties rather.

831
00:40:50,400 --> 00:40:53,480
Speaker 6: Yeah, it's a I've thought about that a lot, and

832
00:40:54,159 --> 00:40:56,719
I think this will definitely become a trend. I think

833
00:40:56,760 --> 00:41:00,880
we'll see more of it. I didn't like the way

834
00:41:00,920 --> 00:41:03,239
it was before, and especially getting to know some of

835
00:41:03,280 --> 00:41:05,920
the players on a personal level, I remember feeling like

836
00:41:06,400 --> 00:41:12,679
something had to be done about their situations. So I

837
00:41:12,719 --> 00:41:15,639
do see this as maybe even an over correction in

838
00:41:15,679 --> 00:41:17,639
a way. But like I said, I don't think there's

839
00:41:17,679 --> 00:41:19,119
much we can do about it. I think it's the

840
00:41:19,159 --> 00:41:22,760
new reality, and I'm surprised you taught me in the

841
00:41:22,800 --> 00:41:29,280
first really significant private equity investment in the country. My

842
00:41:29,480 --> 00:41:32,079
take on it is that it was bound to happen

843
00:41:32,119 --> 00:41:34,599
at some point. I do like that it's now more

844
00:41:34,639 --> 00:41:37,480
transparent and everything's on the table. I think that gives

845
00:41:37,519 --> 00:41:41,039
a university like US, even at BYU, more of a

846
00:41:41,039 --> 00:41:43,599
competitive edge, and we're seeing that the last couple of years.

847
00:41:44,800 --> 00:41:46,880
I think my response to that, Ben would be, I'm

848
00:41:46,920 --> 00:41:51,320
still a believer in a capitalistic society and this is

849
00:41:51,440 --> 00:41:55,519
just one way that this is materializing and demonstrating itself.

850
00:41:55,559 --> 00:41:57,280
So at the end of the day, I've got to

851
00:41:57,280 --> 00:42:00,679
be supportive of it. It applies to my greater principles

852
00:42:00,679 --> 00:42:01,599
and view on life.

853
00:42:02,719 --> 00:42:05,000
Speaker 3: Love that man, well, we all know b YU ain't

854
00:42:05,000 --> 00:42:07,119
getting into the private equity game, right like.

855
00:42:07,360 --> 00:42:08,960
Speaker 2: You don't ever see that happening.

856
00:42:10,239 --> 00:42:12,760
Speaker 6: Not necessarily. I don't think that they, I mean, at

857
00:42:12,840 --> 00:42:15,119
least right now, it doesn't seem like they need it

858
00:42:15,239 --> 00:42:17,679
quite as much. I mean, there seems to be pretty

859
00:42:17,679 --> 00:42:21,239
good support. But who knows. This could be like the

860
00:42:21,360 --> 00:42:29,280
N I L and and materialize and even developed quickly

861
00:42:29,760 --> 00:42:31,559
and like it's like it did with N I L.

862
00:42:33,039 --> 00:42:36,199
Speaker 3: Yep, Let's we'll see how it all plays out. I

863
00:42:36,199 --> 00:42:38,800
think b WA's in a great spot all things considered.

864
00:42:38,800 --> 00:42:40,920
I think this move from the from the University of

865
00:42:41,000 --> 00:42:45,679
Utah is UH has been a bit pressured by by

866
00:42:45,840 --> 00:42:49,239
us UH moves in the NIL space and how the

867
00:42:49,280 --> 00:42:52,559
donors have rallied in my opinion, so we'll see how

868
00:42:53,159 --> 00:42:55,400
the the what the reaction is up on the hill

869
00:42:55,440 --> 00:42:59,639
and how it ultimately pays dividends for those stakeholders. But Blaine,

870
00:42:59,800 --> 00:43:02,679
appreciate our time together. For those that would like to

871
00:43:02,679 --> 00:43:04,760
get on a free Q and a no obligation to

872
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invest Q and A with the tax smart wealth advisors

873
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of band or Wealth, how can they do such?

874
00:43:11,079 --> 00:43:13,880
Speaker 6: Yeah, visit our website at Banderwealth dot com. You can

875
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request band Erwealth tax Smart Playbook. We have one for

876
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real estate investors, for business owners and it's a great

877
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way to see some additional strategies that are out there.

878
00:43:24,880 --> 00:43:28,679
Perhaps have a conversation with your accountant or give us

879
00:43:28,679 --> 00:43:31,960
a call. We're happy to talk shop. We love talking

880
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to tax smart wealth strategies. We do both private investments

881
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and also public investments. So visit our website Banderwealth dot

882
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883
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884
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Speaker 3: There you go check it out today, Ladies and gentlemen,

885
00:43:45,960 --> 00:43:49,199
Banterwelthbetterwealth dot com. Thanks so much, Blaine, appreciate you hopping on.

886
00:43:50,360 --> 00:43:53,360
Speaker 6: Always a pleasure. Thank you, Ben, Love the show love.

887
00:43:53,159 --> 00:43:54,719
Speaker 2: And appreciate Blaine Anderson.

888
00:43:54,800 --> 00:43:57,679
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score coming up next here on your uti. ESPN Radio

906
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Network one O three nine ninety eight point three esp

