so here's what we know:
spencer keitzman either lost/trashed his bike, had it stolen or sold it. he later fabricated a story about jake pullen stealing it to either cover his ass for losing/trashing it, impress kevin with the fact that he has seen jake pullen on campus (or at least make kevin believe he had) or cover his ass for selling it. kevin, being really smart, takes his poor grade achieving son's word for it and decides to broadcast on the radio that jake is a bike thief. he goes on to say that skeetbag (that means condom, kevin, in case you were wondering where your genius son came up with his nickname) told him jake carried around "wire cutters" to steal bikes which he did all the time. wire cutters. to cut bike chains. this is what you get when an ignorant buffoon sires a liar. it's ridiculous.