This market will resolve to "Yes" if Stephen A. Smith announces that he is running for President in the 2028 U.S. presidential election by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No". Stephen A. Smith must definitively state his intent to run (e.g., "I am running for President" or equivalent unambiguous language); vague comments, speculative or contingent remarks or jokes will not suffice. The primary resolution source for this market will be official statements by Stephen A. Smith (ex: via speech, social media, etc.), however a consensus of credible reporting may also be used.