>> i can't begin to tell you how important taking the house is. the biden ageneral agenda -- agenda's going to be stopped in the house. >> i am frustrated that we didn't have the kind of election we should have. at least in the united states,

we need to change what we're doing. give the voters a clear and meaningful alternative that makes a difference in their lives, around their kitchen table with their a family. >> we need to figure out what the hell happened in these midterms. we need to have a serious pause. i'm hearing from a lot of donors saying where did all of our money go? >> americans are spending money on food and emergency, they're not spending a lot of money on services and other products, and that's why we're seeing inflation come down. i think the market's going to remain bullish in the short term. >> eventually, you can't rack up credit card debt forever, right in the consumer might not be as strong as we think which will impact earnings in 2023. if. ♪ i just want to feel this moment ♪ seward stuart i'm too old. what is it? oh, no, not pit bull again. [laughter] and christina. this is all new to me. >> it feels right, stu.

stuart: certainly brought a smile to my face. i'm just too old. not too old for doing what i'm doing now. it is 11:00 eastern time, tuesday, november the 15th. oh, look at that market. i'm going to say this rally holds. dow up 230, nasdaq up 222. favorable inflation news earlier. the market loves it. show me big tech. i presume they're all doing well. yes, they are, not a loser amongst them. apple is up 2.5%. alphabet 2%. even meta is up 1.7%, and microsoft, okay, struggling, but it's the up 1%. we'll take it. look at this, the yield on the 10-year treasury all the way down to 3.80. that is what's helping the nasdaq. a downside move in interest rates. now this. why did so many people put money into crypto? very few understood exactly what they were getting into. but when your neighbor is telling you how much money they're making, why not jump in?

i guess that's fomo, the fear of missing out. get rich quick is attractive, you know? unless you're a member of the nerd brigade, sam bankman-fried is not an attractive character. i guess when you're a wunderkind, it doesn't seem to matter. the democrats missed the warning signs. he gave them lots of money trying to buy political cover. $10 million to biden in 2020, $38 million to democrats in the 2032 midterms -- 202 the citied midterms. why make money, why take money from anyone without checking exactly who it isesome if they checked, they would have found a character. he lives in a polycule, that's a lot of people engaged in multiple relationships. taking the world for a ride? come on. he admits to taking uppers and downers, that's drugs. he doesn't make eye contact. he conducts zoom meetings with

other people in the same room, and yet venture capitalists handed over billions of dollars. amazing, isn't it? looks like it's all gone. the lawyers tell us that ftx's bankruptcy involves more than a million creditors. there's an awful lot of people who have lost their shirts. now, think about it for a second. this could be an opportunity. abandon the wild with west and embrace regulation, rules and respectability. surely, that's the way out for this industry. but right now the crypto world is in chaos. third hour of "varney" just getting started. ♪ ♪ if. stuart: we're discussing who we're going to start with about crypto, and we decided that ryan payne is going to start things rolling. all right, ryan. my risk of contagion here; that is, crashing crypto rippling out

to other markets? >> i actually don't think there is because i think the crypto the investor is a very specific investor, you know? a lot of people that are invested this crypto probably weren't as heavilial allocated in stocks like ibm or ge. so i think what you're seeing here is you had a coterie, mainly male millennials, who had a lot of delusion and a lot of fraud as we're finding out in this marketplace, and it was all around the stimulus we got, and they're essentially gambling in a worthless -- stuart: it's not a lehman moment for the stock market. it may be a lehman moment for crypto, but not the sock market, right? >> perfectly said. now i want to turn to rachel campos duffy who is here in new york with me. all right, rachel, sean, your husband, is a big support of crypto, as we all know. just between the two of us, ignore the cameras and the microphones, but just between the two of you request, how much do you hate crypto?

>> i'm not a crypto fan as you know and you kind of, you know, stirred the pot for us on this marital fight. [laughter] look, sean still sees this as a buying opportunity. he's not spiked by -- spooked by it at all. i am happy that that not so much of what we have is in crypto, and i will definitely be reining things in a lot more moving forward. [laughter] i'm going to be calling you as my marriage counselor, financial expert, i don't know what else. [laughter] but, yeah, i mean, listen, it is the wild west. but -- stuart: reform it and it'll do well. >> i think that's the right way to do it. stuart: let's move on for a second. kari lake is out. she lost in the gubernatorial -- >> do we mow if there's still a recount possible? stuart: if it's within half a percent difference, other than that, i don't know. she was backed completely by donald trump, and she lost. bearing that in the mind, should trump still announce tonight that he's running for the presidency?

>> let's just go back to kari lake for a second. the polls showed her winning. she had fabulous name id, and if you looked at the job of governor, that's the job of a -- it's a ceo. just looked at the two candidates. and, by the way, the one who supposedly won, katie hobbs, didn't even show up for the interview for the job. she refused to debate her. i wouldn't want to debate kari lake either, she's pretty sharp, but i want to see this come in because 20% of the machines had problems with tabulations. i hope it goes to a recount. i'm not confident. i'm from arizona, i don't know if you know that, stuart. i'm originally from arizona. i know arizona values, arizona people. i don't know one person who voted for hobbs, and i know that, you know, katie hobbs was pro-abortion, her husband was in the child castration business, she had a massive racial scandal against her as well. and, more importantly, she was the person in charge of the election, of her own election.

she didn't recuse herself, she did a bad job in 2020, and look what happened in this election with all the problems at the ballot box. so i'm waiting to see this tabulation. it's just, it's hard for me to believe that someone is poised with such great communication and could have lost to somebody as incompetent as katie hobbs. stuart: i'm going to move on to something which i know you are particularly passionate about if not crypto and trump concern. [laughter] we've got a school district, it's in maryland, and they've unveiled a list of lgbtq-includes i books for elementary schools. they keach kids as young as -- teach kids as young as 4 about words like intersex and drag queens. the school district says the books will, quote, reduce stigmatization of transgender and gender nonconforming students. how much do you hate this, rachel? >> what those books will do is rob children of their innocence. i have nine children. i know exactly what little girls

and little boys want to think about when they're 4 and 5. this is not just -- it's worse than indoctrination. it's grooming. it has a purpose, and i think it is going to further push the school choice agenda. the state of arizona is the first state to have universal school choice. stuart: wonderful thing. >> that is the answer. people don't want to send their kids to school to have them separated from their families and their families' values. they send them to school to learn math and science and reading, and when schools are taking our tax dollars and using withing it to indoctrinate our children and turn them into little activists and also to confuse them and rob them of their members, this is the -- innocence, this is the turning point. parents need to stand up, and i think school choice is the way to go. newt. stuart: i'm glad you're on the show this morning, because that is worthy of -- it's outrage, that's what it is. rachel, i think you're with all right. >> i know you do. i love you too. [laughter] stuart: aye got to get back to the markets because we've got a

rally going on here. dow's up 250, nasdaq's up, look at that, 1.3 -- no, 2.2%. ryan payne is our market guy. he's had his commentary about cryptos. what do you think of this rally? >> i love it, stuart. i was on your show before and i said, look, you've got to be in here. this thing is going to rally on a dime if inflation starts to come down. we're starting to see that right now -- stuart: has it got legs? >> it definitely does. the u.s. economy is run by the consumer, and if we know inflation is coming down, americans have jobs right now, unemployment is super strong right now, i don't think that's going away because we have, literally, a labor shortage right now which we can't fix. we have too many baby boomers are retiring and the rest of us aren't having enough kids. [laughter] wages stay strong, retail sales are going to come in strong, and i think this market's going to rally until the end of the year. stuart: rally until the end of the year. can we erase the losses we've

taken previously? you're not suggesting we could get back to the highs of 23406 of last year, are you? -- of last year? >> i think the dow and the s&p might be more problematic because of that big tech trade right now. it's weighing down on, you know, the actual market capitalization of that index. stuart: i'm going to leave it there, rally until the end of the year says ryan payne. we lo having you on the show -- love having you on the show. >> stu, bullish. [laughter] stuart: thanks, ryan. all right. now, there are some movers in a market like this including starting off with walmart and home depot. lauren: speak of the dow. i'm going to quote righters here, turn -- reuters here, they brought in high earners that traded down to walmart to save money. executives said higher earners are shopping there, and they saw, quote, incremental trading down in protein, baking, babied food and dog food. all in. same-store sales up 8.2%. quickly on home depot, higher

prices boosted sales. so their comps went up 4.3%, and traffic went down exactly 4.3%, so that was a wash. raised prices and, in the en, boost hair sales. stuart: okay, how about lucid? lauren: their air pure will start at $87,000, the lowest cost model yet. stuart: ev, right? lauren: yes, it's a luxury, v maker, but you need cheaper prices if you want to be the real tesla competitor. stuart: how much is it? lauren: $87,400 as the starting price. you get about 400 miles of range. it's going to ship by the end of this year. stuart: looks nice. taiwan semiconductor, straight up. lauren: i can't imagine -- i can't believe warren buffett finally touched tech and semiconductors, it looks like it's his first investment in semiconductors in his career. stuart: do you know what his

sidekick, charlie munger said about crypto? lauren: rat poison. stuart: venereal disease. that was charlie munger a couple of years ago. [laughter] lauren: got it. i'm a little behind. [laughter] >> what is happening here? stuart: silence on the set. lauren: be here for the commercial break. [laughter] stuart: a prestigious school wants laid-off tech workers to come back to classful we'll tell you which university waiving testing requirements for their mba program. violent protests on the streets of china, are you kidding me? residents are in revolt against lockdowns in a major manufacturing city. that's a story. there were more than 230,000 migrant encounters in october alone at the border, the high number in october in dhs history. we've got the border report and tom homan waiting in the wings. he's going to be in the studio. we'll be back. ♪ between a rock and a hard place ♪

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♪ stuart: a record 230,000 migrants were encountered at the border just in the month of october. while mike tobin is there, what are you seeing now? >> reporter: well, i can tell you this, stuart, with that number, 230,000, it's equivalent to the entire city of norfolk, virginia, coming across the border in one month's time. what i'm seeing now is just the constant flow of migrants across the border. they started showing up predawn this morning and remarkable

images were captured by our fox news drone team with the thermal images as we saw a group come up here to the rio grande in eagle pass, texas, and make that last step before they make it to the u.s. side. despite this being the southern border, it's still cold here this time of year, so they get wet when they're making it across, and agents were handing them thermal blankets as they get onto the u.s. side. but you talk about those numbers, for this first month of the fiscal year, 230,000 people came across, that's a 40% increase from the same time period of the previous year. that was 164,000, and that is more than double the same time period two years ago. and also in this month 64,000 gotaways made it to this side of the border. those are people who escaped. no one has any track of them, what they're doing now that they're inside the u.s. it's not only people who are coming across. nogales, arizona, agents seized some 3 million fentanyl pills over 5 days, almost 20 pounds of

fentanyl powder, 25 the 0 poundd assorted other drugs. d the hs secretary hal hand degree mayorkas is in the hot seat today. he's going to be the on capitol hill, and he's got to answer questions about this mess down here. stuart? stuart: thanks very much, mike. guess who's with me now? the man himself who understands the border probably better than anybody, his name is tom homan, and he's with me in missouri. tom, the democrats -- in new york. the democrats won control of the senate, the republicans have an extremely slim majority in the house, if that. we're not confirming that just yet. seems to me that if that's the political situation, there's no stopping hundreds of thousands of migrants continuing to come across the border. it doesn't stop, does it? >> no. even if we have the house and the senate, president biden still has the power of the pen. they don't want to stop it. there's no attempt to stop this. we've got records every month. and i'll tell you, we actually take the house, there's a couple

things we can do. number one, we can have oversight hearings, call secretary mayorkas, find out what is the strategy, what's the plan here, and ask him questions like why are you releasing everybody? why are you not detaining them? i'll answer that question for you. the homeland security life seeking report says if you're in detention, you get an order of removal, you're removed 99% of time. however, if you're not many detention, if you're a family unit, you leave 6% of the time. if you're a uac, a child, you leave 6% of the time. mayorkas knows this. he has the same data that i have. he knows by not detaining them, no one's ever going to leave. nearly 9 out of 10 central americans who claim asylum at the border lose their case, so knowing 9 out of 10 will lose or get removed, but if they don't detain them, no one's leaving. that's the plan. stuart: can you do that if there's a very slim majority for the republicans mt. house? okay, they get the gavel in all

the committees, but can they follow-through? can they actually do -- >> they better, or i'll start calling them out. stuart: you cant accountability. >> yes. -- you want accountability. you want new legislation to reverse the damage. i don't think you get either of those -- >> i think they have oversight hearings, yet people under oath to testify what's going on and let secretary mayorkas commit more perjury under oath. we've got over 100,000 americans that have died from drugs,. >> 00 migrants -- 1400 migrants have died coming across the border. we've got 1 million gotaways. how many of them are known suspected terrorists? border patrol's arrested people from 160 countries. if you don't think a single one of of that 1 million gotaways is not a terrorist, you're ignoring the data. i think that's enough to threaten to shut this government down unless you take some actions to secure this border.

stuart: okay. ultimately, what are we going to do with all, millions of people who are here illegally, ultimately, what will we do? because i don't think they're going back. >> no, and that is the plan. as i just said, that is why -- even though there's thousands o- stuart: are they going to work? i mean, don't they have to? >> look, they're going to be ordered removed. stuart: yeah, and they're not going to go. >> and they're not. we've been through this before. you can't reward the good behavior. the more you do, okay, let 'em work with, give them amnesty. this country's shown over and over again, order them removed by an immigration judge and ignore it, hide out, wait for the next giveaway. stuart: i've got to tell you, in a town near where i live young men who don't speak english walking through the town looking for jobs in restaurants and bars. i'm pretty sure they're migrants. somebody's going to give them a job. >> then congress needs to create a system to come legally, that way hay don't have to pay a criminal cartel to sneak across

the river, children won't drown in the river. do not rearound ward illegal behavior you're never -- reward illegal behavior you're never going to stop. stuart: you're a good man. tom homan, thanks a lot. appreciate it. all right, let's bring in ash. i want to learn more about this revolt in china. is it about -- the people are in revolt. is this because of a new lockdown? ashley: yep. it is, exactly what it's about. residents in china's southern manufacturing hub have torn down barriers that were in and meant to confine them to their homes. they got through. then they took to the streets, as you can see, in defiance of strictly-enforced local covid orders. now, the region has been under an increasingly restrictive lockdown since november 5th as the center of an ongoing covid outbreak. it's not clear how many people were involved, but it looks like hundreds in that protest or how long it lasted.

but related posts were quickly scrubbed from the chinese internet by censors. no big surprise. but the anger is certainly growing over beijing'sen unrelenting drive to stamp out the spread of the virus. it's simply not working. china is experiencing a surge now in infections nationwide. outbreaks have been reported again across multiple cities, and these lockdowns, it's putting a huge strain, as we know, on the communities. and some are now fighting back. stusome. stuart: that is a huge, developing story with major consequences. ashley: it is. stuart: everything from your turkey to your gas bill will almost certainly cost more this thanksgiving. john cats catsimatidis owns runs of gas stations across the cub. is he seeing any break in inflation? the ledger, a company that selled physical crypto wallets. they're seeing record-breaking sales because investors want to

secure their crypto away from online exchanges like ftx. susan just spoke to the chairman and ceo. she'll give us the highlights right a this -- after this. ♪ let me be, why don't you, babe? ♪ quds you don't really love me, you just keep me hanging on ♪ what if “just an idea” could become a family tradition? this is financial security. and lincoln financial solutions will help you get there. as you plan, protect and retire. ♪

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♪ pleasure first class up in the sky -- ♪ champagne, living my life ♪ stuart: if you don't recognize that, you're from another planet. that is the eiffel tower, you're looking at paris, and we're showing you france because america oet hennessey says they're running out of champagne. the ceo claims that supplies are low because so many people are celebrating after the covid lockdowns. supplies should be is replenished next year, but some products might be -- [laughter] you can guess this, they might be more expensive. to the markets, please. the rally holds. favorable inflation numbers, at least for wall street. the dow is up 200, and the nasdaq is up 240 points. now let's look at cryptos. on the upside today. susan's with me. susan spoke with a chief executive of ledger, a big seller of physical crypto wallets. now, what is his -- that thing

there? susan: hard a ware, physical crypto wallets, and the ftx fallout means his business is booming. best weekly sales and record daily sales in the company's 7-year history. why? investors are buying these hardware wallets which cost from are $80-150 because they want to be able to store their crypto ine stead of just leaving them on exchangeses like ftx. so you know users that traded on ft, and can't get access now to their bitcoin or their ether, and ledger's ceo says this type of bad behavior, by the way, is still happening. >> what they did, many players are still doing this in the market, and they need to upgrade to better security. so ftxed had, you know, the biggest investors and the biggest people in the industry, duping them and saying they were a great business, etc., etc. we don't believe in

centralization. we believe in decentralization. we believe in people owning their keys, so we were in disagreement, but, you know, the market was going in a direction that we didn't feel was a good one. and, actually, it wasn't. susan: is it also good for the industry for this washout, get rid of the fraudsters, get back to people that are building actual businesses? >> no, correct. i think, yes, for sure, you know? you get to the lowest point, and then you rebound. and, you know, i think this is what's going to happen. there might be friction in the months to come, for sure. but i think generally, you know, the tendency will be up. susan: ledger a raised $380 million last year at a $1.5 billion valuation, and he says these days his phone is ringing a lot. stuart: that looks just like a piece of plastic. susan: how crypto works is that you need keys to access the crypto that is on the blockchain. so instead of ftx rolling -- holding those keys, you keep it all in here so you have access

to it. stuart: so long as you remember the code -- [laughter] john catsimatidis just pointed that out to me. susan: that's right. write it down somewhere. stuart: on a piece of paper, that's it. susan, thank you very much, indeed. food and gas going to cost you more this thanksgiving, and john catsimatidis joins me now. you own gristedes, you own hundreds of gas stations across the country. we have a report of lower inflation at the producer level this morning. is that going to come through for consumers this thanksgiving? >> well, you're calling me here because i'm in all those industries including construction and real estate, including -- and this thanksgiving, no change. the highest prices ever for turkeys, the highest price ever for your thanksgiving dinner. and what happens, construction. because interest rates are going to the moon. and construction is, it's slowed

down on new building, on new condos, on new homes. so what happens? this morning we get a phone call, and we're negotiating, negotiating, negotiating, some of our prices are starting to come down on some of our construction costs. because they've got to sell it to somebody. stuart: like what, concrete? >> concrete has come down. in one of our projects, it's come down as much as $4 million -- stuart: what? just for one -- >> one project. stuart: and the price is down because -- >> down. so jay powell has done his job. he's destroyed the real estate industry -- [laughter] and he's done a great job destroying the real estate industry instead of washington fixing the problem. stuart: and you get a price break on your concrete. lucky guy. okay. governor hochul, kathy hochul, hen won re-election, governor of new york. is she going to do anything about crimesome because that's really hurting you in new york city. >> well, i pray for it. and two days ago eric adams has

come up with his own op-ed piece saying, enough is enough. let's take care of crime. and when i met one-on-one with the governor, what i said to the governor was, look, i'm saying about for whom to bells toll? 8.5 million new yorkers or 3,000 repeat violent criminals? stuart: what did she say? >> well, she says, trust me. and the part that i really got upset about, stuart, is the fact that she had all the major democratic players out, president obama and harris and all, everybody, and they all swore that the crime problem is a gop conspiracy. give me a break! come on! i mean, how can you just say that? stuart: at gristedes, your stores, is your shrinkage, that's basically shot lifting,

can you got a big -- shop lifting. have you got a big number? >> the number is bigger than usual, but we hired -- the expense is there because we hired more security, more retired nypd to prevent it versus the national chains. they don't, they're not street the fighters. they don't know how to deal with new york city, they don't know how to deal with the problem in new york city. i grew up on 135th street, so i know how to do it. stuart: yes, you do. last one. you're a conservative guy, i believe -- >> yes. stuart: i think you'd own up to that. trump probably going to make an announcement tonight running for the presidency. you with him or against him? >> i know donald trump for 40 years, and when he was president, he made, he did a lot of great things, a lot of great things. and he had the respect of world leaders -- stuart: yep. >> and my only concern is the way he comes up with some of these things that he comes up with, you know? the twitters and whatever --

stuart: you think -- >> he would go down in history as as great as ronald reagan if he just kept to the, to the problems of the world versus creating problems with other candidates. stuart: john, thank you very much for joining us. >> i'm here for you anytime. stuart: you're a good man. i don't care what they say. [laughter] the football star, odell beckham jr., he's suing nike claiming the company is withholding millions of dollars and they are, quote, inventing excuses not to pay him. we'll have the story. another big setback for the student loan forgiveness deal. federal appeals court blocked the handout days after a separate court found the program unlawful. the white house has vowed to fight back. we have a report from washington on that, and it's next. ♪ ♪ help me out, you know, you gotta help me out, yeah ♪

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♪ i gotta go back, back, back to school again ♪ stuart: do you realize what you're looking at there? oh, we know it's chicago, but that is snowing. it's 36 degrees, it is snowing in chicago. we're playing the song because one university wants recently laid-off tech workers to pursue an mba. which university, ashley? ashley: yes. northwestern university's kellogg cool of management. it's making a -- school of management. it's making a pitch to the thousands of tech workers who have lost their jobs at companies like meta and twitter, as we know. the school says those tech workers can apply to pursue a pull-time mba next we're outsubmitting standardized test -- without submitting

standardized test score ises. these top schools are dealing with a decline in full-time mba applications. part of the reason, a strong labor market as well as concerns about the cost of getting a degree. and that has kept many would-be students from signing up. by the way, it applies to employees who were laid off this quarter at a company in the tech sector and are applying to full-time graduate degrees. there you go, sign of the times, stu. stuart: thanks, ash. another court has blocked president biden's student loan handout. hillary vaughn on capitol hill. is this going to be on hold until the supreme court eventually rules on it? >> reporter: stuart, this is. this is another big blow to president biden's student loan bailout. the 8th circuit court of appeals are citing -- siding 3-0 with republican-led states asking the court to table this cancellation due to ongoing litigation. so now the department of education's student debt relief web site has this message,

quote: courts have issued orders blocking our student debt relief program. as a result, at this time we are not accepting applications. we are seeking to overturn those orders. the white house press secretary the says they are, quote, confident in their legal authority to do this and a huge advocate for student loan forgiveness since day one has been senator elizabeth warren. she insists that this is going to help working people. >> democrats, led by joe biden, are out there saying we hear grow on what it's like to get crushed by student loan get. -- debt. we know what that means, and so we're here to try to help. the republicans? they've got nothing. they say, nope, the only people that they're willing to fight for are billionaire. >> reporter: but republican attorneys general say they are doing it because they don't think it's fair for working americans that didn't go to college to pay for this.

>> well, it is a terrible idea to saddle the backs of hard working americans with the loans, the debts of others. and that's exactly what the biden administration was wanting to do here, was essentially to take all those, that loan money, billions of dollars, and put it on the backs of our electricians, mechanics, machinists, nurses and others who didn't have it. >> reporter: 26 million people have already applieded for this loan forness. the department of education -- forgiveness. the department of education's applications are now on hold. stuart? stuart: got it. hillary, thank you very much, indeed. all right, let's get a sense of the market. show me all the dow 30 stocks. there is a preponderance of buying, put it like that. the dow is up 244 points. this all-star basketball card could sell for hundreds of thousands of dollars at auction. ken golden's back with that card to explain what makes it so valuable. ken golden, on your screens

walking towards me on the set. ken is next. ♪ ask yourself this question, do you want to -- ♪ i've got the brains, you've got the looks, let's make lots of money ♪ allergies don't have to be scary. spraying flonase daily stops your body from overreacting to allergens all season long. psst! psst! flonase all good. ethnicity inheritance, nigerian east central from you. benin. my dad's side. 30% japanese. thank you, mom. there's just still so much to discover. now on sale at ancestry. hi, i'm darlene and i lost 40 pounds with golo in just eight months.

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well, we fell in love through gaming. but now the internet lags and it throws the whole thing off. when did you first discover this lag? i signed us up for t-mobile home internet. ugh! but, we found other interests. i guess we have. [both] finch! let's go! oh yeah! it's not the same. what could you do to solve the problem? we could get xfinity? that's actually super adult of you to suggest. i can't wait to squad up. i love it when you talk nerdy to me. guy, guys, guys, we're still in session. and i don't know what the heck you're talking about.

♪ ♪ stuart: okay. that is a taylor swift song. why are we playing it? because taylor swift reportedly crashed the ticketmaster web site this morning. fans are reporting error messages, long wait times. they're trying to buy tickets for her eras tour. presale for the concert just opened, and we got a tweet from ticketmaster, quote, we are aware fans may be experiencing issues with the site and are urgently working to resolve it. my grandchildren are waiting. all right. nfl star odell beckham jr. suing nike. he says they're withholding money from his endorsement deal. ashley, how much money are we talking about? ashley: more than $20 million, stu. that's how much beckham jr. claims he has lost because nike, he says, failed to honor its commitments in their latest

deal. the lawsuit claims that the issue actually began back in 2017 when beckham's previous contract was close to expiring, and he was considering making a jump to adidas. now, the suit says nike exercised its right to first refusal and matched the adidas offer and made beckham one of their brand icons. but the star wide receiver alleges that nike has not honored its commitments and made it nearly impossible for him to trigger valuable extensions which adidas had guaranteed back in 2017. the lawsuit also claims nike withheld more than $2 million of a payment because of equipment violations. we'll see how this all works out in court, stu. stuart: it's going to court, that's for sure. thanks so much, ash. now look who's here, the auction guy, ken golden. he always brings interesting sports memorabilia with him. ken, welcome back. >> grad to be with you. -- glad to be with you. stuart: muhammad ali's world

champion heavyweight boxing ring. where is it? >> this is right here. this is a size 16.5. this was his personal ring that he wore, and it actually comes with a letter from muhammad ali confirming the authenticity. it's a one of a kind, and it was produced after his victory over leon spinks as he was the first and only three-time heavyweight champion. this is currently up for bid at golden, and we expect the bidding to exceed well over $500,000. as a point of information, this was a sister to a championship belt which there were two of, and that belt sold for, i believe, $5.1 million. stuart: i've got a suspicion you'll get more than a half million for that. >> ill hope so. stuart suiter that is unique. >> extremely. let me put that one away. [laughter] stuart: a basketball card featuring jordan and who else? >> michael jordan, larry bird, magic johnson, really the three men who wrought -- brought

nwa -- nba into world dominance. a lot of people familiar with kobe bryant and lebron james, but bird, magic and jordan started the nba craze. it's a one of a kind from upper deck exquisite. it has the actual logo from the game-worn uniforms, and we expect a million dollars. stuart: for that? i see a jersey. it's got jordan written all over it. >> this is tremendous. this is from his final nba season as a member of the washington wizards, and what's special about this particular jersey is this was what he wore during his last victory against the l.a. lakers and kobe bryant. so jordan and kobe went head to head. jordan won, i believe he was, like, 40 years old at the time, and that was the last time he scored a victory over kobe bryant. it's photo matched to that game, and this will be well into the six figures.

stuart: over $100,000. well over. >> yes. stuart: okay. now, here's the item which we're all most interested in, and that is mcgregor's trunks on the -- hold them up, why don't you. are they clean, by the way? >> it's a good question. i can't answer that, but i can tell you this was worn during his last ever ufc win. he won that versus donald cerrone in january of 20. it's his last win, last time he was the champion of the ufc. it's very unusual that something like this comes around and, obviously, connor mcgregor is the most popular and well known of all the mma fighters. connor, if you're watching, and he may be -- he does follow me, so he may see this. you can buy them back, but we expect this to be about $25,000 plus, which in comparison to some of the other sports, is relatively inexpensive. stuart: it sure is, way down there. i'm surprised. >> connor may be watching, may

make sure this goes over 100, but this is from his last ufc victory. stuart: let me ask, did you buy those trunks from conor mcgregor? no, he had a marketing deal, and the part of a marketing arrangement. it comes with a letter of authenticity, and it is photo matched to the fight which means it's forensically matched via photographic evidence to confirm what the letter says. stuart: those trunks would be worth more if they were unwashed, wouldn't they? >> exactly, yes. stuart: i knew it. you're not going to tell me whether they're washedded or not. >> i can't tell. [laughter] they don't smell, is what i'll tell you. stuart: okay. so the auction is now in progress? >> the auction is now in progress at golden auctions, simply golden.com, and it ends next saturday night, november, what? the saturday after thanksgiving. pleasure. stuart: do you have a ceremony

when it's all over? a big party? >> if it's very successful, yes. stuart: all right. ken, we've got the trivia question, and you can stay. when did yellowstone become america's first national park? 105, 1830, 1872? which was it? ken's going to stay, he's going to take a guess. so am i. back after this.li ♪ke ♪ at you need. contestants ready? go! only pay for what you need. jingle: liberty. liberty. liberty. liberty. . .

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stuart: when did yellowstone become america's first national park? there's your choices on the screen. now, ken golden is with me. he claims to know the correct answer to this. why don't you go first. >> it is kind of cheating because i saw something coming in kevin costner, 150th celebration for yellowstone, has to make it 1872. stuart: i will guess 1830. ashley what you got? >> i was going for 1872, i'm not kidding, lying. that is correct. stuart: that is correct. 1872. ulysses s grant signed on to the yellowstone national park. time is up. jackie deangelis in for neil, independent l. jackie: i'm jackie deangelis in fo