{"podcast":{"title":"Business is Bullshit","slug":"business-is-bullshit-7096260","podcast_index_feed_id":7096260,"rss_url":"https://feeds.libsyn.com/547982/rss","website_url":"https://sites.libsyn.com/547982","image_url":"https://static.libsyn.com/p/assets/7/1/0/2/7102994a48e0d52627a2322813b393ee/business-is-bullshit-logo-1500.jpg","author":"Jon Tsourakis, James Hornick and Jared Gibson","episode_count":36,"summary":"Tired of the corporate BS, \"gurus\" and trends that don't make sense? Same here. Business is Bullshit is our way of calling it out. Every couple of weeks, the three of us — Jon, James, and Jared — break down the dumbest stories, trends and personalities in the business world. We get into everything from broken work culture, bad tech takes to tone-deaf regulations, cringe \"thought leaders\" and anything \"business.\" No fluff. No hype. Just straight talk, real takes, and a little well-earned cynicism.","last_synced_at":"2026-06-26T12:20:31.190798+00:00","page_url":"https://stenobird.com/podcast/business-is-bullshit-7096260"},"episode":{"title":"NIL isn't Bullsh*t (the old system was) | Business is Bullsh*t Ep   33","slug":"nil-isn-t-bullsh-t-the-old-system-was-business-is-bullsh-t-ep-33","published_at":"2026-04-24T03:45:00+00:00","page_url":"https://stenobird.com/podcast/business-is-bullshit-7096260/nil-isn-t-bullsh-t-the-old-system-was-business-is-bullsh-t-ep-33","show_page_url":"https://stenobird.com/podcast/business-is-bullshit-7096260","url":"https://385b4acf-6355-4b46-a0c4-d76e364bf60a.libsyn.com/nil-isnt-bullsht-business-is-bullsht-ep-33","audio_url":"https://traffic.libsyn.com/secure/385b4acf-6355-4b46-a0c4-d76e364bf60a/BIBS_Ep._33.m4a?dest-id=4726657","summary":"College sports aren't broken. They're just finally honest. In Episode 33, we get into NIL, revenue sharing, and the chaos behind the scenes that most fans don't actually understand. We break down the difference between NIL, which is outside money, and revenue sharing, which is schools paying players directly. Two completely different systems that everyone keeps mixing up. We also get into how booster collectives really work, and why this whole thing looks a lot like the old bag of cash days, just with contracts now. But the real shift is recruiting. It's no longer about selling the dream. It's about paying for production and not getting it wrong. Schools that can actually evaluate talent win. Schools that just throw money around are burning cash. Inside this episode: ***Why sitting on the bench now literally costs players money ***How the transfer portal turned into free agency ***Why some programs are winning and others are completely lost ***The myth of loyalty in college sports ***And the fan mindset that might be the most delusional part of all There's a lot of noise about NIL ruining college sports. The truth is a little different. The system didn't get worse. It just got exposed. And as always… business is bullsh*t. Check out our other episodes: - Apple: https://bit.ly/3YOQrYT - Spotify: https://spoti.fi/4lHXLzk - YouTube: https://bit.ly/42q0vtM","meta_description":"College sports aren't broken. They're just finally honest. In Episode 33, we get into NIL, revenue sharing, and the chaos behind the scenes that most fans…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2589,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/business-is-bullshit-7096260/episodes/nil-isn-t-bullsh-t-the-old-system-was-business-is-bullsh-t-ep-33/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/business-is-bullshit-7096260/nil-isn-t-bullsh-t-the-old-system-was-business-is-bullsh-t-ep-33.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}