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 Men’s basketball beat Spain. Kevin Durant led the way. (19:00) The Boston Red Sox have a little issue. Why didn’t the Red Sox make any moves? Was it a mistake? They’re now 4 games back of the Tampa Bay Rays. (24:00) Jed Hoyer had to explain to his team why he traded away Anthony Rizzo, Javy Baez, and Kris Bryant. He was not happy with how negotiations went. Was it all horse hockey? (31:45) Review: Love Is Blind: After The Altar. (36:35) The Las Vegas Raiders have a John Gruden problem. He signed a huge deal and he hasn’t done anything. The team is now in Vegas and reportedly owner Mark Davis says Gruden is not in a “win now” situation. WHAT? (38:45) NPPOD: The New York Yankees are not good. What was I thinking? (42:05) Let’s update a wait to see on Tyler Glasnow.  Learn more about your ad choices. Visit megaphone.fm/adchoices