Bomani: we got a studio
♪ ♪
Bomani: we got a studio
Audience, john calipari learned
The real meaning of
One-and-done, and I'm wearing a
$5500 Suit.
Let's get it!
♪ ♪
[Cheers and applause]
All right.
There are some heavy stories in
The sports world this week, but
March madness gave us some
Genuinely uplifting moments.
Juwan howard once again laid
Hands on the other team in the
Handshake line.
Emotion for the freshman,
Kennedy chandler.
Michigan.
Bomani: see, this time to
Console tennessee's kennedy
Chandler.
It's nice he went with a loving
Embrace instead of, you know,
Slappin' the taste out his
Mouth.
Speaking of unwanted touching,
Fresh off avoiding any criminal
Indictments from the multitude
Of women accusing him of sexual
Misconduct, former texans
Quarterback deshaun watson got
Traded to cleveland.
And he actually wanted to be
There!
Why?
When this trade is completed,
Watson is expected to get a
5-Year, $230 million
Contract that is fully
Guaranteed.
That is $80 million more than
The previous record for fully
Guaranteed money on signing.
Bomani: dude is gonna make
$230 Million "guaranteed" when
It ain't even close to
Guaranteed he isn't
Searching instagram for
"Cleveland masseuses" right now.
But this isn't just cleveland.
13 Teams were in the watson
Sweepstakes.
The nfl as a league
Is making clear which part of
Their audience they can't afford
To lose, and which fans they
Don't give a damn about.
Maybe it makes you uncomfortable
That the now-richest quarterback
In the game has so many alleged
Victims you could put them on
All 22 game tape.
And if that's the case, the
League clearly thinks that's on
You.
But, if you're someone who had a
Problem with colin kaepernick
Kneeling during the anthem, the
Nfl had your back and benched
His good trouble-making a*s
Straight outta the league.
Because that's the question
Here:
Who gets to be comfortable?
Who gets to sit down on a sunday
And watch football as an escape?
Certainly not women.
Men are treating watson's
Allegations like it means he's a
Lil' freaky deaky with it.
But to women, this is another
Moment of shouting into a void,
Asking when a man's actions off
The field will impact his
Availability on it.
The most disrespectful part of
All is that from the league down
There's been no resolution.
No explanation beyond some
Corporate double-speak about a
League investigation.
No excuse.
Not even an "acknowledgment" of
How seeing the league's biggest
Contract go to a man with so
Many accusations of sexual
Misconduct impacts women who
Love the game.
Instead, the browns gave watson
A new contract, structured so
That if he did get
Suspended this year, the most he
Could lose is one of those
$230 Million.
That is not the move of a
Franchise, or a sport, that had
To hem and haw about wanting
This guy on the team.
Hell, the browns are probably
Printing up the pink "deshaun
Watson" jerseys right now!
Perfect for the woman in your
Life who's about to realize she
Does not wanna be in your life.
Mlb lockout just ended.
And nobody wanted a few extra
Weeks of that lockout more than
This guy:
Surgery this morning
To take care of that fracture
That may or may not have
Happened in a motorcycle
Accident.
Padres now have to show
Patience for the patient who
Will likely miss the next three
Months.
Bomani: dude was in the union
Meetings like, "we must stand
Strong for another 6-8 weeks!"
Of course, tatis is telling us
Nothing.
Reporter: when was the
Accident?
Tatis: which one?
Reporter: the motorcycle
Accident.
Tatis: uh, when the reporters
Were reporting.
Reporter: which was january?
December?
Tatis: that date, yeah.
Bomani: that hurt, by the
Way.
Here's what you need
To know: when you sign a
Contract for life-changing
Money, don't buy a
Motorcycle!
Two wheelers and athletes have
Never led to good news.
Anchor: terrible news for the
Giants.
Star pitcher madison bumgarner
May be out two months after a
Dirt bike accident in denver.
Reporter: jeff kent before
The 2002 season broke his
Wrist while popping wheelies on
His motorcycle.
Anchor: roethlisberger has
Had off-field drama before.
Facial fractures and a
Concussion after a
Motorcycle accident in 2006.
He wasn't wearing a helmet.
Bomani: you know what
Headline you never
See?
"Pro athlete rushes pregnant
Woman to hospital on back of
Kawasaki ninja."
I get it, he's doing all the
Dumb sh*t you do at that dumb
Age.
Youth does not fear consequence.
He probably eats taco bell
Before batting practice.
Most men get bikes to impress
Women.
Divorced dads buy motorcycles.
Tsa workers love motorcycles.
You have a $340 million
Contract.
You betta get your homerun
Slugging a*s in the back of an
Uber black before you end up at
Your next press conference like
Bobby petrino.
Petrino: obviously I made a
Mistake while I was driving and,
Uh, you know, I will wear a
Helmet from now on.
Bomani: as russia continues
Its invasion of ukraine, global
Rejection of all things russian
Is on the rise.
Even in some incredibly dumb-a*s
Ways, like pouring out perfectly
Good vodka.
My man!
Your bottle of smirnoff
Isn't paying for russian
Missiles.
That sh*t ain't even made in
Russia!
And then this week, british
Sport minister nigel huddleston
Told a select government
Committee if russian players
Want to compete at wimbledon,
Quote:
"We need to have some potential
Assurance they are not
Supporters of putin."
What kinda minority report sh*t
Is that?
The land where imperialism
Was born is going there?
Okay.
And the first person to take
This purity test may be
Grand-slam champion tennis
Player daniil medvedev:
Reporter: do you have a
Message for the people of
Ukraine who are suffering and
Dying in this invasion?
Medvedev: my message is
Always the same, you know, i, I
Want peace in all the world, all
The countries.
Actually, don't know how many
There are in the world, but
Every country.
Bomani: the man just wants
Peace around the world -- a
World that he clearly
Does not know the size of.
Russia?
Because he doesn't want his
Family to get murked.
What more does england want?
If they wanna be sure medvedev
Isn't down with earth's most
Reckless risk player, how are
They gonna find that out?
Polygraph 'em at center court?
Hawk-eye technology says...
You lying.
It takes heart to push back on a
Dictator when your family still
Lives inside his borders.
And there are russians inside
And outside russia standing tall
Right now.
But you can't mandate bravery
The same way you can't mandate
Belief.
When you do, you step on the
Freedoms you say you believe in.
If you think a dude's down with
You went after russian oligarch
And chelsea fc owner roman
Abramovich, his sh*t's
So f*cked up the team can't even
Sell tickets.
England needs to stop holding a
Metaphorical g*n to russian
Players' heads!
Because if they push it, vlad
Might make it a lot less
Metaphorical!
Tom brady pulled a danny glover
This year.
He said he was getting too old
For this sh*t and then
Immediately signed up for a
Sequel.
Brady's unretirement has the
Streets talking, so you know I
Had to be there.
Check it out.
Can you think of a job so
Good that you retire and a month
And a half later come back?
A secretary for
If you have that many people
That will give you money, what
Is your problem?
If you look at where the world
Is going, talk about
Cryptocurrency in all this other
Stuff, it is going to be worth
So much later.
What happens when money is the
Only thing you care about?
Then what?
Bomani: c are telling me I
Can turn my money into this
Other kind of money.
Why would I do that if I have
This other kind of money?
You can spend this much money
And we will all be rich.
We eventually have to teach
People to care about other
Things, and that is why they
Have all this in the world
Because people are so focused on
That.
Bomani: where are you with
The nba right now this year?
It is too much conversation,
You can never get back to
Anything nowadays.
I even get the espn notification
On my phone.
No reason to watch it.
Bomani: the way we talk
About basketball now, so many
Great basque ballplayers now and
So few people talking about
Actually basketball in
Social media space as they do
Everything else.
People said that a few years
Ago, you are tripping.
And then I looked up, we don't
Actually talk about basketball
As we used to.
You are not going to talk
About it, you need to get in the
Gym and focus more on
Basketball.
He had 40 points.
Bomani: you are a clippers
Fan and hate on the lakers or
Just affectionate toward the
Clippers?
I love russell westbrook,
Man.
He's getting a bad rap.
You know, sabotage.
Bomani: how are they
Sabotaging him?
Talking about the turnovers
And missed layups, he was having
The same ones before.
Bomani: this is how you
Know you are a clippers fan.
Otherwise russell westbrook
Would be my favorite player as
Well.
I feel bad for those dudes,
But as long as you give effort
And you try, that is how you do
It.
Bomani: he is one of my
Favorite players ever, but I
Have never rooted for his team
So I never had to care about
That stuff other people don't
Like and I find this season
Almost heartbreaking.
He comes back to the city, you
Can see how happy he was to get
Back there, and then there is
This.
Like somebody has to go and talk
To him about this.
Exactly.
That is the problem, the way
These boards usually works, you
Have to have an alpha dog, it is
Kind of weird.
You see him talking about his
Family, his kids, you have to
Feel for the man.
Bomani: do you enjoy
Performing?
I don't mind it.
Bomani: most artists really
Love it.
I saw you when chapelle did the
Jam session at the all-star game
In new orleans, they almost had
To make you wrap and you got up
There and k*lled it.
I'm not trying to anything I
Don't get paid for.
But I love dave a lot, he is my
Homie.
It is a tuesday, my off day, I
Can't do this right now.
Bomani: vince staples,
Long beach.
Appreciate it, thank you.
What is the dumbest investment
You ever made?
I bought draft kings stocks
About two months ago.
I was like draft kings is about
To blow up, right?
Everybody started doing
Gambling, their stock has gone
Down 80%, the stupidest thing
Ever.
Bomani: I did not know
This.
And I do not even use draft
Kings.
Bomani: weed stocks?
Yeah, canopy.
The market is down right now.
Honestly all of my tattoos
Are dumb investments.
They don't have any meaning, I
Have the word queso in my mouth,
Why did I do that?
Bomani: can you show us the
Queso in your mouth?
Yeah.
Bomani: do you own any
Crypto?
I do own a little bit of
Crypto.
Absolutely not.
I don't want my money to be
Attached to the wi-fi password.
Bomani: do you have any
Crypto?
Cryptocurrency?
Negative.
Bomani: why not?
I love my sh*t in cash.
I have about a theory I'm
Down about 25% since I got it.
Everybody was on it.
I heard somebody talk about at a
Show.
If I would have buried the
Money, I would have more money.
I don't know what they're
Doing with that crypto, don't
Even know what crypto means.
Bomani: is it a trustworthy
Hobby?
It is always the worst duty.
If somebody is selling you,
Always like you want to sell
Crypto or an eighth?
You cannot be selling weed and
Crypto.
[Laughter]
Bomani: if you've watched any
Sports in the past few months
You may have noticed a couple-a
Important things about athletes.
One: tom brady is the reason
People have trust issues.
And two: they're all lining up
To shill cryptocurrency.
Steph: I'm thrilled to be
Announcing partnering
With ftx.
Lebron: I can't tell you
Everything.
Young lebron: we're going to
The league!
We're going to the league.
We're going to the league.
Andrews: this is the
Bitcoin quarterback challenge
Presented by cashapp, featuring
Joe burrow.
Man: first, even if
You wanted to come back, we
Wouldn't take ya.
Brady: yes, you would.
Fans: yeah we would.
Guy: you're right, yeah,
We would.
Brady: I'm getting into
Crypto.
Bomani: yep, tom brady is
Puckering up and smooching the
Blockchain like it's a reluctant
Son.
Which is why today we're gonna
Talk about cryptocurrency:
Or as I like to call it:
Funny money.
Funny money to you or tell you
Where you should put your cash.
What I do wanna talk about? The
Game.
The hustle.
'Cuz when I see all these crypto
Advertisements in sports, all I
Can see is a lot of hustlers who
Think they've found their mark.
You.
Remember super bowl sunday?
That's when the grift really got
Cooking.
Super bowl lvi has been
Coined the crypto ball.
The crypto ball.
Bomani: look -- just because
There was crypto in the
Superbowl doesn't mean you can
Call it the crypto bowl.
Just like we can't call the
Upcoming world cup in qatar the
"sl*ve cup."
Still, on superbowl sunday, we
Were witnessing something
Special:
The consummation of the marriage
Between pro sports and the
Crypto industry.
The staples center is now
The miami heat play in a
Building named for a crypto
Exchange, ftx arena.
And of course, athletes aren't
Just advertising for crypto
Companies, they're getting into
Crypto themselves.
Montana: we're getting more
And more into the crypto.
Jones: I have probably
Over like 32, 33 different
Cryptos.
Carter: the richest people in
The world they are talking about
It, and they are talking about
Having a certain portion of
Their portfolio to reflect that.
Wells: are you?
Carter: yes.
Wells: can I ask which
Currency?
Carter: no.
Bomani: cris carter said "no"
Faster than the nfl hall of fame
Did to his nomination for six
Straight years.
My bad, big homey.
But no athlete ---
And I mean no athlete --
No one has gotten deeper into
The blockchain game than cowboys
Locker room legend dez bryant.
Dez is the blockchain missionary
Among athletes.
He's the joel osteen of
Blockchain.
And his pitch for how athletes
Can monetize their brands is
Fairly compelling.
Anchor: how do they monetize
And digitize their likeness,
Their image, their brand?
Dez bryant: see, how you
Monetize, and how you do that
Is, um...
What you do is um...
You know.
I apologize, I'm kinda nervous,
You know.
It's early in the morning.
Bomani: I'd be nervous too if
I didn't know what I was talking
About.
But it's not just the players.
Maybe you saw the ftx logo last
Year on patches worn by major
League baseball umpires.
Crypto companies use athletes to
Make them seem cool, and f*cking
Baseball cops to make them seem
Safe and rule bound, like
Something other than an orgy of
Anarchocapitalist grifters.
Con artists.
Big 'ol con artists.
Turns out crypto and sports
Really did have a lot to offer
Each other.
The leagues needed to raise
Capital, having lost billions of
Dollars in the pandemic.
And there is a natural overlap
Between sports fandom and
Crypto.
Even before the super bowl, a
Poll found that sports fans were
About twice as likely as
Non-fans to say
They're familiar with crypto.
There's no mystery about why
That is.
Crypto is gambling.
Sports fans have been preparing
For the crypto moment since
Basically the invention of the
Point spread.
I'll explain.
Crypto is a boom-and-bust
Industry.
People call it a currency, but
That's just a word they use to
Keep the feds off the scent.
Crypto is a speculative asset.
Something you bet on.
Like gold or fine art or the
Ball brothers.
You hope you pick the one that
Ends up in the all-star game,
But you might end up with the
One shoplifting fake gucci in
China.
Liangelo to the moon!
And the thing we know about
Sports culture?
We love to speculate about the
Future.
And we are almost always wrong.
Bayless: if the houston
Texans pass on johnny manziel,
They will forever regret it.
Gruden: he's like a marshawn
Lynch with speed and
Elusiveness.
Kiper: three years from now
You could be looking at a who is
Certainly one of the elite top
Five quarterbacks in this
League.
Fraschilla: yao's the old
School.
Yi is the new school.
He's hip hop.
He's 50 cent.
He loves to dunk on ya.
Bomani: you see, crypto
Culture is sports culture.
They are both all about
Creating, sustaining, and
Commodifying your hope.
And let's get this straight:
I totally, 100 percent
Understand why cryptocurrency is
A thing.
People love to be in on the
Ground floor of something new.
What could be is always more
Exciting than what is.
Especially if you ain't
Got that much.
And crypto is at least
Theoretically useful for
People who can't access the
Formal financial system or need
To send money overseas.
And the whole damn country feels
Like a racket anyway.
No one trusts anyone or anything
Anymore.
Trust in once-reliable
Institutions has cratered.
Congress.
The fed.
The huxtables.
And so here's this new form of
Money that seems to exist
Outside all these institutions,
Beyond the concept of trust
Itself.
Who needs trust when you've got
Digitally distributed ledgers,
Even if you just had to google
What that means.
So of course people are into it.
We're all on our own, forsaken
By god and state and your local
Black gynecologist.
That's what the crypto
Evangelists want you to think
Anyway.
There's a refrain you hear a lot
In their world.
You have to do your own
Research.
Regretted he judged do your
Own research.
Do your own research.
Like dap in
"School daze."
Volatility is the whole
Ballgame.
The choice between traditional
Investments or putting your
Money in crypto is the
Difference between
Planning a weekend with tim
Duncan or dennis rodman.
Tim duncan might be less
Exciting, but won't end up
Breaking your d*ck three
Different ways.
Dennis rodman: hey, this is
Dennis rodman.
Let me show you how to break
Your d*ck three ways.
Bomani: that clip actually
Goes on for 20 more minutes, but
You get the idea.
Now, the federal government
Monitors crypto to some degree.
What the feds don't do is
Regulate celebrities hyping
Cryptocurrency.
And that's where this sh*t gets
Insidious.
Because these major athletes
Promoting crypto?
The ones being turned into the
Functional equivalents of casino
Greeters?
More often than not, they have
No f*cking clue what they're
Talking about.
Host: please welcome to
The stage floyd f*cking
Mayweather.
Woo!
In this world, you got pepsi,
You got coke, I mean, you got
Different products, so
Everybody should, and what I
Believe in, just being
Independent, and doing what you
Want to do, and it's about
People winning, winning in life.
And I push people to be winners
In life, 'cuz I'm a winner.
Bomani: what's craziest about
Floyd f*cking mayweather's
Explanation is that
He is literally at the biggest
Crypto conference in the world.
And he still can't tell you the
Difference between an "nft" or
An "std."
And if you get either?
You can get burned.
Who's out here giving people the
Crypto clap?
Floyd himself!
Anchor: pro boxer floyd
Mayweather and dj/producer
Khaled settling fraud charges
With the sec over their initial
Coin offerings, icos.
The sec charging the pair
For promoting icos without
Disclosing payments.
Both men settled these charges
Without admitting or denying any
Wrongdoing.
Bomani: yep.
Even when dj "producer" khaled
Is hyping a coin he needs a more
Famous guest feature.
The "legit" crypto companies and
Their prized athletes will at
Least warn you about the risks
Involved with investing in the
Blockchain.
Just ask jimmy butler and
Binance.
Jimmy butler: on february
13Th, you're going to be hearing
Some of the biggest names
Telling you to get into crypto.
Binance and I are here to tell
You: trust yourself and do your
Own research.
Bomani: this is the
Most important commercial of
Them all, even if jimmy looks
Like your grandma facetiming
You.
What he's saying here is the
Whole cynical message of the
Cryptosports complex, distilled
To its essence.
"You can't trust anyone.
Trust me."
And did you catch those magic
Words, "do your own research"?
Now that I think about it, I've
Definitely heard that phrase a
Lot in other contexts.
Hermain cain: go to websites,
Do your own research, stay
Involved.
Hannity: you should do your
Own research.
Beck: don't take
My word for it.
Check this out for yourself.
Do your own research.
Irving: I'm not a scientist.
I'm not here to tell everyone
That this is it.
For me, it's just, just giving
Everyone a chance to do their
Own research.
Jeff van gundy: what does
That look like, you doing your
Own research?
Are you doing studies yourself?
Are you in lab on a nightly
Basis?
What are you doing?
Bomani: jeff's clinging to
Real expertise like it's alonzo
Mourning's leg.
But he gets it.
"Do your own research" is how
You know the hustle is on.
Someone says that sh*t, it's
Time to feel for your
Wallet.
So get into crypto if you must,
Sports fans.
But know what you're doing.
You're not making an end-run
On self-interested experts and
Elites.
You're just subbing out
One set of experts and elites
For another, jamie dimon for
Trevor lawrence, deutsche bank
For dez bryant, jerome powell-
Who's not as black as he sounds-
For some guy calling himself
Bitcoin jesus.
We all like stats, right?
Here's a good one: the top 0.01%
Control 27% of the bitcoin in
Circulation right now.
You're putting your money where
A lot of very rich people are
Telling you to put it.
What good ever came of that?
And now, a word from an athlete
You can trust who's pitching a
More conservative approach.
Hi, you may know me from my
Nba days as someone who is not
Afraid of taking some chances.
But off the court it couldn't be
More risk-averse.
In fact, the only tease I am
Getting these days are a
Treasury bond with an average
Rate of return of 2.5% per year.
I know what you are thinking, I
Can get 6.6% annual return with
A traditional 401(k) or a roth
Ira with my protected income
Higher.
But those have contribution
Caps.
Trust me, tea bonds are the way
To go.
Can I get you a nice cool
Glass of milk?
What is the expiration date?
Two weeks.
I will get my 2% elsewhere.
From my investment returns.
In little financial humor for
You guys.
At the end of the day come I
Didn't get bullied on the court,
You shouldn't get bullied into
Making a poor financial
Decision.
I have to go, have a flight in
Seven hours.
It is actually 6.5.
This is in no way sponsored
By the treasury department.
Bomani: that's our show for
Tonight.
And remember, when someone asks
You whether or not crypto has a
Place in sports, just say:
Chris carter: no.
[Applause]
What kind of advice would you
Take from dez bryant?
Advice from dez bryant?
Is this the same dez bryant we
Are thinking of?
Can you explain the
Blockchain to make?
Not in a good way.
Bomani: I will take the bad
One.
Something with the codes, and
They can't be duplicated.
Or they know, I don't know.
So, blockchain is where you
Go to the dark web and you put
In the credit card information
And then the next day you are
Broke as hell.
[Laughter]
[Applause]
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01x02 - Episode 2
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Features Bomani Jones, one of the most unique journalists working today, as he breaks down timely issues playing out in the world of sports.
Features Bomani Jones, one of the most unique journalists working today, as he breaks down timely issues playing out in the world of sports.