On the Money with J. Daniel Pluff & Laiza Semidey
On the Money 307
Season 3 Episode 7 | 26m 47sVideo has Closed Captions
Port of Oswego; CNY Drone Services; Jim Boeheim
On this week's On the Money: the port of Oswego; CNY Drone Services; and a spotlight on former SU basketball coach Jim Boeheim.
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On the Money with J. Daniel Pluff & Laiza Semidey is a local public television program presented by WCNY
On the Money with J. Daniel Pluff & Laiza Semidey
On the Money 307
Season 3 Episode 7 | 26m 47sVideo has Closed Captions
On this week's On the Money: the port of Oswego; CNY Drone Services; and a spotlight on former SU basketball coach Jim Boeheim.
Problems playing video? | Closed Captioning Feedback
How to Watch On the Money with J. Daniel Pluff & Laiza Semidey
On the Money with J. Daniel Pluff & Laiza Semidey is available to stream on pbs.org and the free PBS App, available on iPhone, Apple TV, Android TV, Android smartphones, Amazon Fire TV, Amazon Fire Tablet, Roku, Samsung Smart TV, and Vizio.
Providing Support for PBS.org
Learn Moreabout PBS online sponsorshipCOMING UP TONIGHT: WE HEAD BACK TO THE PORT OF OSWEGO WHERE A NEW MARINA IS TAKING SHAPE.
THEN WE TAKE IT TO THE SKIES ONE MORE TIME TO SEE HOW A DRONE COMPANY IS FIGHTING OFF INVASIVE PESTS FROM ABOVE.
AND FOR OUR SPOTLIGHT SERIES, J. DANIEL PLUFF SITS DOWN WITH A LEGEND JIM BOEHEIM TO DISCUSS ALL THINGS COLLEGE SPORTS AND THE HIGHLY DEBATED NAME, IMAGE AND LIKENESS RULE!
ON THE MONEY BEGINS RIGHT NOW.
♪ ♪ ♪ ♪ >> GOOD EVENING AND WELCOME TO ON THE MONEY, WCNY'S FINANCIAL AND ECONOMIC DEVELOPMENT PROGRAM THINK OF IT AS YOUR LOCAL FINANCIAL NEWS PROGRAM FEATURING SOME INTERESTING PEOPLE, BUSINESSES AND HAPPENINGS FROM EVERY CORNER OF CENTRAL NEW YORK.
I'M LAIZA SEMIDEY.
DURING OUR SEASON WE'LL SEE WHERE MONEY IS BEING MADE, SPENT AND SOMETIMES LOST AND FOCUS ON PROJECTS AND ACTIVITIES AFFECTING US LOCALLY.
OUR FIRST REPORT TAKES US TO OSWEGO.
ON THIS SHOW, WE'VE BEEN SHOWCASING OSWEGO'S ECONOMIC PROGRESS.
IN OUR NEXT STORY, WE REVISIT THE PORT OF OSWEGO AND MEET WITH WILLIAM SCRIBER, THE PORT'S EXECUTIVE DIRECTOR, TO FIND OUT MORE ABOUT THEIR TWO POINT ONE MILLION DOLLAR DEEP-WATER MARINA AND GET AN UPDATE ON THEIR GRAIN EXPORT CENTER.
WELL, IT HAS BEEN FANTASTICALLY SUCCESSFUL.
WE HAVE AROUND 100 LOCAL FARMERS USING THE FACILITY.
THE VERY FIRST SHIP OUT OF THE GREAT LAKES FOR GRAIN LAST YEAR AND RECORD 164 CORN CARS TRANSPORTED OUT OF THE PORT LAST YEAR.
SO THIS IS GIVING FARMERS AN OPPORTUNITY TO GET AT THE INTERNATIONAL MARKET THAT WOULD NOTING BE AVAILABLE FOR CENTRAL NEW YORK FARMERS IN ANY OTHER WAY.
ONE OF THE GOALS I HAD WHEN I FIRST BECAME DIRECTOR WAS TO DIVERSIFY REVENUE AND THAT WAS NOT RELYING ON ONE CUSTOMER OR ONE LINE OF PRODUCT.
THE GRAIN HAS BEEN NOW BROUGHT IN, WHICH HAS CONTRIBUTED TO OUR RECORD YEAR LAST YEAR AS FAR AS OUR REVENUE.
OUR OTHER MARINA HERE OSWEGO ON THE EAST SIDE IS VERY UNIQUE ON THE LAKE BECAUSE WE HAVE A DEEP WATER DRAFT MARINA, WHICH MEANS SAIL BOATS AND LARGER PLEASURE CRAFT CAN EASILY GET INTO OUR FACILITIES AND DOCK.
THIS ONE WE WANTED TO DO THE SAME MODEL.
ORIGINALLY WE WERE AWARDED $1.8 MILLION TO DO THAT.
DURING COVID WE RAN OUT OF MONEY.
COSTS WERE VERY ESCALATED.
SO WAS WE DID WAS REDESIGN DOCKS.
WE WENT WACK TO THE STATE AND THE STATE WAS VERY COOPERATIVE WITH US.
WE HAD OTHER MONEY FOR DOCK IMPROVEMENTS.
WE TRANSFERRED MONEY TO THE MARINA WHICH BROUGHT IT UP TO 2.1 MILLION.
THE BIGGEST CONDITIONAL IS SUPPLY CHAIN, GIVING ME THE MATERIALS THAT I NEED TO FINISH PROJECTS AND LABOR.
EVEN THOUGH WE USE LOCAL LABOR, THERE ARE A LOT OF PROJECTS OUT THERE THAT WE COMPETE WITH LABOR FOR.
BUT MY TEAM HERE AT THE PORT, AND I HAVE A LOT OF GOOD PEOPLE THAT WORK HERE FROM THE DOCK WORKERS TO THE OFFICE STAFF, WE ARE ALL DEDICATED AND FOCUSED ON MAKING THIS PORT VERY PRODUCTIVE, CARVING OUT A NICHE FOR LOGISTICS IN UPSTATE NEW YORK.
THE MARINA IS BASICALLY A COMMUNITY BENEFIT MARINA.
THERE ARE-- THERE WOULD BE A BIG INFLUX OF PEOPLE AND BECAUSE OF ITS LOCATION, WHICH IS BASICALLY IN DOWNTOWN OSWEGO, A SHORT WALK TO ALL THE RESTAURANTS UNDERSTAND OTHER LITTLE SHOPS, I BELIEVE IT'S GOING TO BE VERY TOURISTY AND WILL BREONNA TAYLORING IN THOSE-- AND WILL BRING IN PEOPLE FROM OTHER COUNTRIES BECAUSE WE RECEIVE A LOT OF CANADIAN VISITORS.
THIS MARINA WILL BASICALLY BE A POSITIVE FOR THE CANAL TRAFFIC THAT IS TRANSITING FROM CANADA AND OTHER COUNTRIES THROUGH THE CANAL SYSTEM.
EACH CHARTER BOAT CAPTAIN BROUGHT IN AROUND $50,000 OF REVENUE PER YEAR INTO THE LOCAL ECONOMY.
WE ARE OVER A MILLION DOLLARS IN ECONOMIC DEVELOPMENT TOURISM DOLLARS IN THE COMMUNITY PER YEAR THROUGH OUR DOCKAGE OF OUR CAPTAINS THAT ARE RUNNING SPORT FISHERIES OUT OF OSWEGO.
WE WOULD NEXT YEAR DOUBLE THAT WITH THE REVENUE COMING INTO THE COMMUNITY.
WE HAVE A LOT OF POSITIVE ITEMS THAT MICRON COULD USE.
NOT ONLY IN THE CONSTRUCTION PHASE, BUT, QUITE FRANKLY, THEY'RE CARRYING ON THEIR BUSINESS PHASE.
ONE OF THE MAIN SELLING POINTS OF COMING TO THE AREA WAS A PORT.
MANY OF THE STRUCTURAL STEEL LARGER ITEMS LIKE THE NEW PLANT LITHIUM RECYCLING PLANT OUT OF ROCHESTER AND NOVELLAS UT NIEZ THE POINT-- UTILIZE THE PORT FOR THEIR LARGE STRUCTURAL ITEMS THAT CAN'T BE BROUGHT ANY OTHER WAY.
WE ARE SUPPLYING A CRITICAL LINK IN THE SUPPLY CHAIN THAT MAYBE WAS NOT FULLY UTILIZED BEFORE IN UPSTATE NEW YORK.
>> OUR THANKS AGAIN TO WILLIAM FOR HIS TIME.
UP NEXT IS COMMON CENTS AND JOINING US TONIGHT IS CHRISTINE O'CONNELL CEO OF O'CONNELL MORE CONSULTING AND REAL ESTATE.
>> THANK YOU SO MUCH FOR COMING.
>> THANK YOU FOR HAVING ME.
>> SO THE REASON WHY I BROUGHT YOU ON IS BECAUSE EARLIER IN THE SEASON WE HAD CHIP HODGKINS COME IN AND TALK ABOUT SHORT-TERM AND LONG-TERM RENTALS.
ON THE FLIP SIDE, I WANT TO TALK ABOUT BECOMING A LANDLORD AND WHERE DO WE START?
WHAT IS THE PROCESS?
>> WELL, I THINK THE MOST IMPORTANT THING IN BECOMING A LANDLORD IS TO TAKE CARE OF YOUR TENANTS AND TAKE CARE OF I DON'T ARE PROPERTY BECAUSE THEY'RE ONE OR BOTH OF THESE THINGS ARE GOING TO HAPPEN DURING YOUR TENURE THERE.
YOU ARE EITHER GOING TO LOSE A TENANT FOR VARIOUS REASONS OR YOU ARE GOING TO NEED TO SELL YOUR PROPERTY AND FOR THOSE REASONS YOU REALLY NEED TO HAVE A GOOD RELATIONSHIP WITH YOUR TENANT, TAKE GOOD CARE OF YOUR PROPERTY, BE A GOOD THIRD BASE.
>> WHAT ARE SOME OF THE LEGALITIES OF BECOMING A LANDLORD?
>> WELL, THAT'S A GREAT QUESTION BECAUSE IN 2019, THE NEW YORK STATE LEGISLATURE CHANGED THE LAWS.
AND THERE IS A LOT OF NEW LAWS THAT'S REALLY IMPORTANT TO BE AWARE OF THEM.
THE CHANGE OF THE SECURITY DEPOSIT REQUIREMENTS AND NOTICE TO VACATE REQUIREMENTS AND, YOU KNOW, 20 OR 25 DIFFERENT THINGS.
WHAT I WOULD RECOMMEND IS THAT YOU HAVE A GOOD NEW YORK STATE ATTORNEY WHO KNOWS THOSE LAWS.
THERE IS ALSO FAIR HOUSING LAWS, WHICH ARE VERY IMPORTANT FOR DISCRIMINATION.
SO I WOULD DEFINITELY KNOW THOSE BACKWARDS AND FORWARDS.
>> GOTCHA.
WHAT ELSE SHOULD WE BE LOOKING AT WHEN BECOMING A LANDLORD?
>> YOU WANT TO OBVIOUSLY KNOW THE FINANCIALS, IT'S VERY IMPORTANT.
YOUR BOTTOM LINE, WHAT YOU CAN AFFORD TO DO TO THE PROPERTY, WHAT YOU CAN'T AFFORD TO DO TO THE PROPERTY AND TO STILL HAVE A BOTTOM LINE.
AND TO MAKE IT AS LIVABLE FOR YOUR TENANTS AS POSSIBLE AS WELL AS DESIRABLE TO A BUYER SHOULD YOU DECIDE TO SELL.
>> RIGHT.
ANYWHERE I CAN GET MORE INFORMATION, GROUPS THAT I CAN BE A PART OF TO LEARN A LITTLE BIT MORE.
>> ABSOLUTELY.
THERE IS A SYRACUSE INVESTMENT GROUP.
THERE IS ALSO A NEW YORK STATE APARTMENT OWNERS GROUP.
IT'S CALLED APPS OF NEW YORK.
I HAPPEN TO BE ON THE BOARD OF DIRECTORS AND THEY'RE BASED OUT OF ALBANY BUT THEY COVER ALL OF UPSTATE NEW YORK.
>> THAT'S AWESOME.
OUR THANKS AGAIN TO CHRISTINE O'CONNELL CEO OF O'CONNELL MORE CONSULTING AND REAL ESTATE FOR JOINING US TONIGHT TO DISCUSS BECOMING A LAN THREATENING OUR REGION.
EQUIPPED WITH HIGH-TECH, WATCH HOW THEY'RE ON A MISSION TO PROTECT OUR AREA'S IMPORTANT ENVIRONMENTAL AND AGRICULTURAL PROPERTIES ONE FLIGHT AT A TIME.
>> CNY DRONE SERVICES IS REALLY THE COULD BE SEPTEMBER RICK HAD A FEW YEARS AGO AND THE IDEA WAS TO USE MODERN TECHNOLOGY IN THE AGRICULTURAL SECTOR.
OUR FIRST FORAY INTO IT WAS SUBCONTRACTING TO CROP DUSTERS FOR PLANES THAT COULDN'T GET TO CERTAIN SPACES, OR IT WAS TOO SMALL AN AREA TO MAKE IT WORTH THEIR WHILE.
THAT'S HOW WE REALLY GOT OUR FIRST BIT OF BUSINESS.
AND IT'S GROWN FROM THERE.
>> AND THIS DRONE BUSINESS IS JUST, IT AMAZES MEOW HOW ACCURATE IT IS AND HOW USEFUL IT IS.
IT WILL SPOT SPRAY THINGS.
IT WILL GET INTO AREAS THAT I WOULDN'T BE ABLE TO GET INTO WITHOUT DOING A LOT OF DAMAGE TO MY OWN CROP.
IT CANNIVE HOW GOOD YOUR CROP IS IN CERTAIN PLACES, CAN IDENTIFY WHERE THERE IS A WEED PROBLEM.
WHERE THERE IS NOT.
YOU MIGHT HAVE 100-ACRE FIELD THAT REALLY ONLY NEEDS TO HAVE THREE OR FOUR ACRES SPRAYED.
THE DRONE WILL KNOW WHERE THEY ARE.
YOU WILL SAVE A LOT OF MONEY ON SPRAY.
YOU WILL BE A LOT MORE BENEFICIAL FOR THE GROUND 67.
>> WE DO EVERYTHING.
BUT THE PROBLEM IS THAT EVERYTHING HAS LIKE A VERY SHORT WINDOW OF OPPORTUNITY OF WHEN YOU CAN DO THESE TYPE OF APPLICATIONS.
SO, FOR EXAMPLE, IN THE VERY EARLY SPRING WE'LL DO A LOT OF MAPPING SERVICES.
WE'LL DO A PREEMERGING HERBICIDE TREATMENTS, GOING INTO MAY, JUNE, WE START RAMPING INTO INSECTICIDES WHICH IS SPECIFICALLY FOR GYPSY MOTH TREATMENT OR SPONGY MOTH.
WE HAVE DONE SOME SPRAYING UP AT THE PORTS.
WE'VE DONE SOME AQUATIC VEGETATION CONTROL WITH WATER CHESTNUTS.
EARLY SEPTEMBER WE START GOING TO FUNK SIDE SEASON.
THAT HAS BEEN A HUGE BOOM IN INTEREST FOR THAT THIS YEAR.
FUNGICIDE.
>> WHEN YOU TALK ABOUT GOVERNMENT AGENCIES AND FARMERS WHERE YOU HAVE FAIRLY LARGE ACREAGE, WE TEND TO BE IN A PRICE RANGE.
THAT RANGE RUNS ANYWHERE FROM 17 TO $18 AN ACRE TO 22 TO $25 AN ACRE.
IT DEPENDS WHERE WE ARE DOING IT.
OUR COSTS ARE ASSOCIATED WITH MOVING THE EQUIPMENT, TRAVEL, ROOM AND BOARD FOR WHILE THEY'RE ON THE ROAD, MAINTENANCE, WE HAVE TO BUY GENERATORS AND PUMPS AND WE HAVE TO CHARGE THESE BATTERIES EVERY SO OFTEN AND WE HAVE TO FILL THE TANKS, YOU KNOW, EVERY FLIGHT AND THAT KIND OF THING.
WE ARE JUST TRYING TO GET MORE EFFICIENT SO OUR DOWNTIME BETWEEN APPLICATIONS IS REDUCED.
WE ARE CLOSE TO A BREAK EVEN POINT RIGHT NOW.
WE ARE NOT THERE YET BUT WE ARE CLOSE.
THE ONLY THING THAT LIMITS US REALLY IS THE WIND.
WE CAN DO IT AT NIGHT.
WE CAN DO IT IN THE RAIN.
WE DON'T HAVE TO WORRY ABOUT SOIL CONDITIONS.
SO OPERATIONALLY, IT'S JUST A MATTER OF GETTING TO THE SITE AND SETTING UP AND DOING WHAT WE NEED TO DO.
IN THIS REGIONAL AREA WE ARE THE FIRST.
WE WERE LITERALLY THE ONLY ONE IN THE STATE OF NEW YORK THAT WAS APPLYING FOR THESE UTILIZING DRONES.
>> WE OPERATE ALL ACROSS NEW YORK STATE, ALL AYOS PENNSYLVANIA-- ALL ACROSS PENNSYLVANIA AND EXPANDING INTO VERMONT, NEW HAMPSHIRE AND MASSACHUSETTS.
THE ONLY RESTRICTION THERE IS THE REGULATIONS THAT ARE KIND OF HOLDING US BACK.
TECHNOLOGY IS SO NEW THAT THEY DON'T KNOW HOW TO APPROACH IT.
THE BEST WAY TO STAY UP TO DATE ON EVERYTHING IS NEWSLETTERS FROM THE MANUFACTURERS THAT ARE THE LEADERS IN THE INDUSTRY.
I HONESTLY GET MOST OF MY TOINGS FROM FACEBOOK GROUPS.
THAT'S THE BEST WAY TO SHARE THE KNOWLEDGE AT THIS POINT BECAUSE THERE IS NO SOMEBODY HAS BEEN DOING THIS FOR 30 YEARS AND THEY PASS IT ON TO THEIR GRANDKIDS TYPE INDUSTRY.
WE ARE LEARNING AND ADAPTING EVERY SINGLE DAY.
>> WHAT WE ARE LOOKING FOR ARE KIDS THAT LIKE TO PLAY VIDEO GAMES AND FLY DRONES.
THAT'S THE DIRECTION WE ARE GOING RIGHT NOW, WHERE WE THINK THE FUTURE TALENT OF THIS COMPANY IS.
I THINK FIVE YEARS FROM NOW, WE COULD HAVE SIX, EIGHT, 10 CREWS AND WE COULD BE OVER THE ENTIRE NORTHEAST.
>> I SEE A REAL FUTURE IN DRONES WITH AGRICULTURAL SPRAYING.
I THINK IT'S VERY EFFICIENT AND I THINK IT'S VERY SAFE.
I'M REALLY SOLD ON THE TECHNOLOGY THERE AND WATCHING WHAT HE CAN DO.
JUST GREAT NEW CONCEPT.
>> TONIGHT FOR BY THE NUMBERS WE ARE GOING TO LEARN A ALSO BIT ABOUT DATA AND THE COST OF BREACHES.
ACCORDING TO THE I.B.M.
COST OF DATA BREACH REPORT 2023, THE GLOBAL AVERAGE COST OF A BREACH IS ABOUT $4.5 MILLION; WHICH IS A 15% INCREASE FROM 2020.
FOR THE FINANCIAL INDUSTRY THOUGH, THAT NUMBER IS EVEN HIGHER AT AN AVERAGE OF A LITTLES UNDER $6 MILLION PER BREACH.
THAT IS 28% HIGHER THAN THE GLOBAL AVERAGE.
SO WHAT ARE SOME OF THE COMMON THREATS TO THIS?
WHILE 48% OF FINANCIAL ATTACKS START WITH MALICIOUS ACTORS, CHECK THIS OUT.
33% ACCOUNTS FOR HUMAN ERROR.
THAT'S US.
16% AND 15% ARE VERY CLOSE.
16 IS PHISHING SO THAT MEANS WHEN YOU GET AN EMAIL AND YOU CLICK ON THE LINK AND NOW YOU ARE COMPROMISED, OR IF YOU SHARE YOUR PASSWORDS AND NOW EVERYBODY IN YOUR FAMILY HAS THE PASSWORD.
THAT'S ANOTHER WAY IN WHICH DATA CAN BE BREACHED.
THE GOOD NEWS IS THAT FINANCIAL FIRMS ARE AHEAD OF THE CURVE IDENTIFYING THE BREACHES AT A FASTER RATE THAN THE GLOBAL INDUSTRIES AS WELL AS CONTAINING THOSE BREACHES.
SO MY QUESTION TO YOU TONIGHT IS IS CYBER SECURITY TOP OF MIND FOR YOUR ORGANIZATION?
I HOPE SO.
THESE ARE YOUR NUMBERS FOR TONIGHT.
WE CONTINUE NOW WITH OUR SPOTLIGHT SERIES WITH J DANIEL PLUFF WHERE WE HIGHLIGHT BUSINESSES AND PEOPLE DOING SOMETHING SPECIAL IN OUR AREA.
WE CLOSE TONIGHT WITH A BIG MONEY STORY FOR OUR SPOTLIGHT INTERVIEW.
IT'S NO SECRET THERE'S A GREAT DEAL OF MONEY FLOATING AROUND IN COLLEGE SPORTS.
THERE'S LITERALLY BILLIONS OF DOLLARS UP FOR GRABS FROM TICKET SALES, MEDIA CONTRACTS, ADVERTISING AND MORE.
BUT WHERE DOES ALL THAT MONEY GO?
HOW DO SMALLER SCHOOLS COMPETE FOR CASH?
AND WHAT ABOUT THE RELATIVELY NEW N-I-L - NAME, IMAGE AND LIKENESS- WHICH ALLOWS STUDENT ATHLETES TO RECEIVE COMPENSATION AWAY FROM THEIR CHOSEN SPORT.
WHILE ENJOYING HIS RETIREMENT, FORMER SU MEN'S BASKETBALL COACH JIM BOEHEIM CAME OFF THE BENCH TO HAVE AN OPEN AND CANDID TALK WITH OUR J DANIEL PLUFF SHARING HIS OPINIONS ON MONEY - AND SPORTS.
>> COACH, THANKS FOR WELCOMING US TO YOUR HOME TODAY.
AWFULLY GOOD TO SIT WITH YOU AGAIN.
COMING OFF OF REALLY AN EXTRAORDINARY CAREER, SOME TIME TO REFLECT A LITTLE BIT.
BUT I SAW A REPORT ISSUED BY THE NCAA.
NO NEW DATA COACH THAT COULD I FIND POST PANDEMIC.
THEY DIDN'T WANT TO RELEASE NUMBERS DURING THE PANDEMIC FOR SOME REASON BUT THEY SAY IN 2019, $15.8 BILLION OF REVENUE FROM COLLEGE SPORTS-- AND JUST MARCH MADNESS, THAT COMPRESSED PERIOD OF TIME-- OVER A BILLION DOLLARS OF REVENUE GENERATED.
WHERE DOES ALL THAT MONEY GO?
>> PAY FOR ALL THE OTHER SPORTS.
YOU REALIZE THAT SYRACUSE TWO PORTS MAKE MONEY, FOOTBALL AND BASKETBALL.
YOU LOOK AT ALL THE OTHER SPORTS.
AND THERE ARE 2 OR $3 MILLION A YEAR, THE TOTAL AMOUNT OUTLAY IS 30 TO $40 MILLION.
WE ONLY MAKE 18 IN BASKETBALL, MAYBE 6 OR 8 IN FOOTBALL.
HAVE YOU TO RAISE MONEY TO PAY FOR ALL THE SPORTS.
AND AT THE END OF THE YEAR, THERE IS NO MONEY.
>> SO PLAYERS ARE GETTING COMPENSATED.
WHERE IS THE MONEY COMING FROM BOOSTERS?
THE SO CALLED SPONSORS?
>> IT'S ALL BOOSTERS AND IT'S COMPANIES AND IT'S-- IT CAN BE ONE BOOSTER.
MIAMI IS FUNDING FOOTBALL AND BASKETBALL AND WOMEN'S SPORTS.
>> IT HAS BEEN MADE CLEAR TO ME THAT NONE OF THIS BE CAN USED, NONE OF THIS NIL STUFF CAN BE USED AS A RECRUITMENT INCENTIVE.
>> THAT'S EXACTLY RIGHT.
>> HOW DO YOU MONITOR THAT?
>> YOU CAN'T BECAUSE WHAT THEY'LL SAY IN RECRUITING IS THIS GUY, ONE OF OUR PLAYERS IS GETTING THIS X AMOUNT, WHATEVER THAT AMOUNT IS.
SO WE CAN'T PROMISE YOU THAT.
BUT THIS IS WHAT HE GETS.
NOW I THINK PEOPLE DO DO THAT.
I THINK THAT'S THE VIOLATION THAT'S OUT THERE.
>> THAT'S A FINE LINE.
>> BUT AT THE END OF THE DAY, THEY DON'T GET THE MONEY UNTIL THEY COME AND IT'S GENERALLY REALLY HARD TO PROVE ANYTHING THERE.
BUT, YEAH, I MEAN THESE ARE NUMBERS THAT ARE THERE.
IT'S MAINLY IF YOU HAVE A COUPLE OF REALLY GOOD PLAYERS AND THEY GET A PRETTY GOOD AMOUNT OF MONEY, WELL YOUR OTHER PLAYERS CANNOT GET KNOCK.
NECESSITY HAVE TO GET MONEY OR HOW ARE YOU COACHING A TEAM.
YOU CAN'T COACH A TEAM WITH EIGHT GUYS GETTING NOTHING AND TWO GUYS GETTING... >> I'M GOING TO GET TO MY NEGATIVE THOUGHTS IN A MINUTE, ALL RIGHT?
BUT FROM YOUR VIEW-- AND WE DON'T HAVE-- THIS IS STILL A NEW THING HAPPENING.
BUT FROM WHERE YOU SIT, YOUR EXPERIENCE, YOUR HISTORY WITH COLLEGE SPORTS, WHAT, IN YOUR VIEW, ARE PERHAPS THE BIGGEST POSITIVES OR THE BIGGEST BENEFITS TO THE WHOLE NIL BACKDROP.
>> PLAYERS ARE GETTING MONEY AND I THINK THAT'S GOOD.
THE ONLY NEGATIVE IN COLLEGE SPORTS IS THAT COACHES MAKE SO MUCH MONEY THAT IT KIND OF DISTORTS THE PLAYERS DON'T.
NOBODY IS SAYING ANYTHING THAT THE VOLLEYBALL TEAM SHOULD GET PAID.
BECAUSE THEIR COACH MAKES $150,000.
BUT A COACH IN BASKETBALL IS MAKING $5 MILLION.
EVERYBODY IS GOING WELL WHY AREN'T THE PLAYERS GETTING MONEY.
IT'S REALLY-- IF THE VOLLEYBALL COACH IS GETTING PAID, THE PLAYERS SHOULD GET PAID.
>> NOT TO PUSH BACK ON THAT.
PART OF IT IS WHEN WE STARTED TO SEE THE NUMBERS GENERATED IN A NATIONAL SENSE... >> THE PROBLEM IS THAT MONEY GOES TO PAY FOR ALL THE OTHER SPORTS AND COACHES AND SCHOLARSHIPS FOR ALL THE OTHER PLAYERS.
THERE IS NO MONEY, DAN, AT THE END OF THE YEAR, THAT SYRACUSE HAS GOT $5 MILLION OR $10 MILLION HERE.
THAT'S NOT THERE.
>> YOURS AGO THERE WAS A PRETTY POPULAR MOVIE JERRY MAGUIRE, TOM CRUISE, CUBA GOODING JUNIOR, LINE CAME OUT OF THE MONEY, SHOW ME THE MONEY.
THE LINE HAS BEEN MODIFIED TO SHOW ME THE MONEY TO SHOW ME THE NIL.
>> WHICH IS THE SAME THING, UNFORTUNATELY.
IT'S THE SAME THING.
>> ARE WE ON THE SAME PAGE THIS IS NOT A GOOD MOVE?
>> IT'S NOT GOOD BUT IT'S HERE.
I GET A SCHOLARSHIP.
I WAS THRILLED TO DEATH.
I DIDN'T WANT ANY MONEY.
NOW THERE WASN'T AS BIG MONEY BUT SYRACUSE MADE MONEY IN BASKETBALL.
I NEVER WANTED ANY OF THAT.
I WANTED-- I WAS HAPPY TO HAVE A SCHOLARSHIP.
THE PLAYERS ARE GETTING SCHOLARSHIP, $15,000 TO 20,000 IN MEAL MONEY THAT THEY CAN USE FOR THEIR PERSONAL STUFF.
I THINK THAT'S GOOD.
BUT NIL IS HERE TO STAY AND WE HAVE GOT TO SOMEHOW CONTAIN IT.
BUT I DON'T KNOW HOW.
>> COACH, THE NCAA WAS INITIALLY OPPOSED TO THIS.
DO YOU KNOW WHAT THEIR CONCERNS WERE?
>> THIS.
THEY WORK FOR TWO YEARS, A COMMITTEE OF 25 PEOPLE, SMART PEOPLE, TO SET UP NIL.
AND THEY BE WHAT THEY SAID WAS THIS.
A LIMB.
THAT'S NOT GOOD.
WELL, YOU CAN'T-- WE'LL PUT THE MONEY WHEN THEY GRADUATE AND GET IT.
YOU CAN'T DO THAT.
AND THEN IT ENDED UP THERE IS NO GUARD RAILS YOU CAN PUT ON IT.
THEY'RE CANNING ASKING CONGRESS TO DO SOMETHING.
THEY CAN'T.
>> THAT'S MY FOLLOWUP YOU CALL THEM SMART PEOPLE AND I'M SURE THEY ARE.
BUT TO THIS DAY IT'S COMPLETELY UNREGULATED.
IT SEEMS COMPLETELY DISORGANIZED FROM STATE TO STATE, SCHOOL TO SCHOOL.
>> WELL, WHAT YOU COULD HAVE DONE IS GET THE BOOSTERS OUT OF IT AND COMPLETE WILL I... >> THEN YOU DON'T HAVE REVENUE... >> THEN THERE IS NO MONEY FOR THE PLAYERS.
IF YOU TAKE ALL THE BOOSTERS OUT, THAT'S EVERYBODY THAT IS GOING TO GIVE THEM MONEY IS A BOOSTER.
SO THERE IS NO MONEY SO THAT COULDN'T GO.
>> SO, COACH, WHO, IN YOUR OPINION, WHO SHOULD REGULATE THIS?
IS IT A STATE, AN NCAA.
A SCHOLASTIC... WHO SHOULD BE IN CHARGE?
>> THERE IS NOTHING THAT WILL WORK.
>> THERE IS NOTHING THAT WILL WORK?
>> I HAVE BEEN IN SPORTS ALL MY LIFE.
BASKETBALL COLLEGE SPORTS.
WE HAVE ALWAYS HAD PROBLEMS.
THERE WERE ALWAYS SOLUTIONS.
ALSO.
ALWAYS.
THERE IS NO SOLUTION TO THIS.
I MEAN I DON'T-- I'VE TALKED TO SOME COACHES THAT HAVE BEEN AROUND A LONG TIME.
ROY WILLIAMS, MIKE KRYZEWESKI.
THERE IS NO SOLUTION.
I'VE TALKED TO THE NCAA PEOPLE, I'VE TALKED TO SMART LAWYERS.
I'VE TALKED TO A LOT OF PEOPLE, BECAUSE I LOVE THE GAME AND I WANT THE GAME TO BE GOOD.
THERE IS NOT GOOD LONG RUN FOR THE GAME.
BUT I DON'T HAVE A SOLUTION.
I WANT THE PLAYERS TO GET MONEY, BUT... >> I THINK, FOR SOMETIME, THERE HAS BEEN, I GUESS THE EQUIVALENT WHAT WE MIGHT CALL A COLLEGE ARMS RACE, YOU KNOW, WHO HAS THE BEST LOCKER ROOMS, WHO HAS THE BEST VENUE, THE BEST... >> AND NOBODY STOPPED THAT.
THERE WERE NO RULES PASSED.
>> BUT IT WASN'T ABOUT-- NOW IT'S ABOUT WHO HAS THE MOST MONEY, DON'T YOU THINK?
>> THAT WAS ABOUT THE MOST MONEY, TOO.
BUT THEN THEY WERE PUTTING IT INTO THE FACILITIES, THREE, $300 MILLION BUILDINGS AND THAT GETS PLAYERS.
NOW, THOUGH, YOU CAN HAVE THAT FACILITY.
IF YOU DON'T GIVE THAT PLAYER MONEY, HE IS NOT COMING.
>> BUT HERE'S MY REAL BIG PROBLEM.
AND YOU CAN REINFORCE THIS OR NOT.
IT SEEMS TO ME THAT THERE WILL BE SOME AREA STATE SPECIFIC SCHOOLS WHERE THEY MIGHT HAVE WHAT YOU MIGHT CALL MORE ENTHUSIASTIC BOOSTERS.
HAVE A LITTLE MORE TO SPEND HERE.
THAT HAS IS NOT GOING TO CREATE ANYTHING CLOSE TO A LEVEL PLAYING FIELD.
>> WE HAVE NEVER HAD A LEVEL PLAYING FIELD.
>> HERE IS MY POINT.
WHOEVER HAS THE MOST MONEY WILL ATTRACT THE BEST TALENT AND IT WILL ALWAYS BE ABOUT THE MONEY.
>> IT ALWAYS HAS BEEN IN SOME WAYS BECAUSE THE SCHOOLS THAT HAD THE BEST FACILITIES AND SPENT THE MONEY ON THE FACILITIES GOT THE BEST PLAYERS.
NOW EVERYONE CAN ARRANGE LEGAL NIL DEALS SO YOU HAVE ON GET OUT THERE AND FIGHT.
THERE ARE SOME SMALL SCHOOLS THAT HAVE NABBED SOME REALLY GOOD RECRUITS THROUGH NIL DEALS.
>> QUESTION.
WE ARE NOT PAYING THEM FROM THE SCHOOL COULD HAVERS,-- COFFERS.
WE ARE COMPING THEM THROUGH AUXILLARY THINGS.
WHAT CAN GO WRONG WITH THAT?
>> NOTHING.
I MEAN IN REALITY, AS LONG AS THE OUTSIDE FORCES, BUSINESSES, ALUMNI WANT TO DO THAT, AND SOME PEOPLE THINK THEY'LL STOP.
I DON'T THINK THEY WILL.
I THINK THE RABID FAN BASES AROUND THE COUNTRY WILL GET BEHIND THEIR TEAM... >> LET ME IF I CAN PRESS YOU ONE LAST TIME ON THIS.
YOU SAY NOTHING CAN GO WRONG AND I'LL ACCEPT THAT.
BUT FIVE, 10 YEARS FROM NOW, WILL NIL BE BETTER FOR COLLEGE SPORTS OR WILL IT WORSEN OR WEAKEN COLLEGE SPORTS?
>> NOBODY KNOWS THE ANSWER TO THAT.
I'M ALL IN FAVOR OF PLAYERS GETTING THIS MONEY.
THE PROBLEM IS THEY'RE NOT EARNING IT.
IT'S BEING GIVEN TO THEM.
>> WITHOUT REGULATION?
>> WITH NO REGULATION AND I DON'T THINK IT'S SUSTAINABLE.
MOST PEOPLE DON'T THINK IT'S SUSTAINABLE.
I'M NOT SO SURE ABOUT THAT BECAUSE BOOSTERS WANT TO WIN.
THEY WANT TO GET THE BEST QUARTERBACK.
AND THERE ARE GUYS OUT THERE WITH A BILLION DOLLARS THAT ARE SAYING, WHAT DO YOU NEED?
10 MILLION TO GET A GOOD FOOTBALL TEAM?
15 MILLION?
I GOT IT.
HERE.
LET'S DO IT.
SO IT'S NOT GOOD FOR COLLEGE SPORTS, BUT IT'S HERE.
THE PERFECT NIL WHERE KIDS GO OUT AND EARN THEIR MONEY WOULD WITH HAVE BEEN FINE, WOULD HAVE BEEN GREAT.
BUT IT'S NOT THERE AND I DON'T THINK IT WILL EVER BE THERE, MY OPINION.
I HOPE I'M WRONG.
>> S OUR THANKS AGAIN TO JIM BOEHEIM FOR HIS VALUED TIME -- WE LOOK FORWARD TO WHAT'S NEXT FOR THE COLLEGE SPORTS INDUSTRY.. THAT CONCLUDES OUR PROGRAM TONIGHT.
NEXT WEEK, WE HIGHLIGHT THE LATEST IMPROVEMENTS OF THE AUBURN PUBLIC THEATER.
WE THEN HEAD BACK TO LE MOYNE COLLEGE TO SEE HOW THE KEENAN CENTER IS GIVING ENTREPRENEURS ALL THE TOOLS TO SUCCEED.
AND FOR OUR SPOTLIGHT SERIES WE HIGHLIGHT HUEBER BREUER, A LONGSTANDING CONSTRUCTION COMPANY ON A MISSION TO TRANSFORM OUR REGION ONE PROJECT AT A TIME • WE HAVE A LOT MORE COMING THIS SEASON SO IF YOU HAVE AN IDEA FOR A BUSINESS, PERSON OR JUST SOMETHING SPECIAL HAPPENING IN CENTRAL NEW YORK, CONTACT US BY EMAILING NUS@WCNY.ORG.
TO FIND OUT MORE ABOUT THE PROGRAM, PLEASE VISIT OUR WEBSITE AT WCNY.ORG/"ON THE MONEY."
YOU CAN ALSO VIEW OUR PREVIOUS EPISODES THERE TOO.. AND YOU CAN FOLLOW US ON ALL SOCIAL MEDIA PLATFORMS.
I'M LAIZA SEMIDEY, THANKS AGAIN FOR WATCHING.
Money in Motion: the Port of Oswego
Video has Closed Captions
Clip: S3 Ep7 | 3m 54s | Port of Oswego (3m 54s)
Video has Closed Captions
Clip: S3 Ep7 | 10m 10s | Former Syracuse University basketball coach Jim Boeheim (10m 10s)
Tech Bytes: CNY Drone Services
Video has Closed Captions
Clip: S3 Ep7 | 4m 4s | CNY Drone Services (4m 4s)
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On the Money with J. Daniel Pluff & Laiza Semidey is a local public television program presented by WCNY


