James Franklin is heading to Virginia Tech, and although the details of his new contract aren't yet known, Penn State will reportedly have to pay only $9 million of the $49 million in his contract buyout. FOS newsletter writer David Rumsey joins to explain the significance of this move, as well as the alleged deadline issued to Lane Kiffin to decide his coaching future. He also talks through the media considerations around expanding the College Football Playoff.

Plus, hockey's new eligibility system is already having a big impact on the NHL pipeline, just one year after the change, as the CHL-NCAA tug of war for top talent has only just begun. FOS editorial director of features Meredith Turits joins Baker Machado to explain.

Also, LeBron James is done with the Olympics, Matt LaFleur rips MetLife Stadium, and Congress demands answers from MLB commissioner Rob Manfred and NBA commissioner Adam Silver.