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NBA Free Agency: Chris Paul got HOW MUCH MONEY from the Suns!?; Should Red Sox or Cubs fans be mad at management? (8/3)
Today’s word of the day is ‘irrational exuberance’ as in investor enthusiasm that drives asset prices higher than those assets justify as in NBA free agency is a frenzy! Teams are throwing around money at players that just don’t make sense. 36-year old Chris Paul got $120M from the Phoenix Suns. There’s no way that contract will come back to bite them. Lonzo Ball got $85M, Duncan Robinson and Jimmy Butler and Kyle Lowry got big money from the Miami Heat. Why is this happening? (14:50) Olympics update! Simone Biles returned to competition and earned a Bronze medal in the Balance Beam. Team USA…
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