Aug 4, 2026 · 16 min · 10 segments
The ability to pay college athletes has led to dramatic upheaval in banking college sports. Revenue-sharing with athletes has required big increases in spending that colleges may not have been…
Charles FrazierGuest
Evan SparksHost
Charles is Senior Vice President and Team Leader for the Entertainment and Sports Banking Unit at Citi National Bank based in the Los Angeles area.

So you're in LA, which is the epicenter of our sports and entertainment industry.

For our listeners, you may have read Q&A with Charles on the latest issue of our magazine, the ABA Banking Journal, about his team and how sports banking is evolving in this changing landscape.

But Charles, I'd love it if first, if you could just introduce yourself and tell me a little bit more about your background and how you got into banking and where you've been thus far in your banking career.

And I've been at City National for the past 16 years, holding various roles throughout the bank.

And for the past 10 years, I've been working with business management firms, multifamily offices, and professional athletes and sports teams within our entertainment and sports division.

I was here first when we started to build out the sports vertical about eight, nine years ago, and that changes every day.

And so we're constantly continuing to build out that sports vertical based off the capabilities that we wanna have and based off the dynamics that are changing in the market.

Here at Citi National Bank, we feel like we have a full service banking platform for entertainment individuals and sports teams, professional athletes.

So whether you're a young athlete, a professional athlete, you're a professional sports team, or an entertainer.

We provide expertise across all those platforms and resources to support you in your banking needs.

Charles is Senior Vice President and Team Leader for the Entertainment and Sports Banking Unit at Citi National Bank based in the Los Angeles area.

So you're in LA, which is the epicenter of our sports and entertainment industry.

For our listeners, you may have read Q&A with Charles on the latest issue of our magazine, the ABA Banking Journal, about his team and how sports banking is evolving in this changing landscape.

But Charles, I'd love it if first, if you could just introduce yourself and tell me a little bit more about your background and how you got into banking and where you've been thus far in your banking career.

And I've been at City National for the past 16 years, holding various roles throughout the bank.

And for the past 10 years, I've been working with business management firms, multifamily offices, and professional athletes and sports teams within our entertainment and sports division.

I was here first when we started to build out the sports vertical about eight, nine years ago, and that changes every day.

And so we're constantly continuing to build out that sports vertical based off the capabilities that we wanna have and based off the dynamics that are changing in the market.

Here at Citi National Bank, we feel like we have a full service banking platform for entertainment individuals and sports teams, professional athletes.

So whether you're a young athlete, a professional athlete, you're a professional sports team, or an entertainer.

We provide expertise across all those platforms and resources to support you in your banking needs.
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