NIL era officially arrives; Penny stays at Memphis; five big roster decisions this week (College Basketball 07/01)

July 1, 2021, truly signals a watershed day for college athletes. Now every NCAA athlete can profit off their name, image and likeness, as the NCAA officially pushed through a temporary rule that enables all schools to determine (unless their state laws mandate otherwise) how student-athletes can legally make money while still in college. It's a huge day, and we've got a long conversation on that. The interesting, the funny, the fallout and more. That's the first 36 minutes of this podcast. Then Gary Parrish and Matt Norlander get to Penny Hardaway (38:00) staying at Memphis, despite recently interviewing for the Orlando Magic job, and hiring 80-year-old Larry Brown to his staff in the process. The guys close with some news and notes from this week on important players (51:00) staying or going with top 25-level programs.