Consider the following scenario: https://youtu.be/8H98BgRzpOM?t=27.
How would I calculate the total angular momentum of this system? The spinning wheel is rather easy, and it's $L_{\rm wheel}=I\omega$. However, I am not sure how to account for the angular momentum due to precession. Is it simply $L_{\rm press} = I\Omega$? If so, how would I calculate $I$? Would I simply use inertia of a disk and the parallel axis theorem to find it?
I want to use the total angular momentum to prove the formula $\Omega=\dfrac{mgr}{I\omega}$ by using the fact that $\vec{{\tau }}=\dfrac{d{\vec{L}}}{dt}$.
Lastly, I have a conceptual question: $\Omega$ is said to remain constant assuming $\omega$ is also constant. However when the wheel is held still, $\Omega$ is clearly zero, until it is released, and then $\Omega$ becomes non zero. Why does $\Omega$ rise and then remain constant?