Latest / Mac & Bone Podcast / Mac & Bone Show - Brian Murphy Interview
Transcript
- 0:00Speaker 1: So let's talk through this with Brian Murphy himself, who
- 0:03Speaker 1: joins us here on the Mac and Bone Show. Brian,
- 0:06Speaker 1: what's going on, man? I really appreciate you joining us
- 0:08Speaker 1: on the West Coast Man.
- 0:10Speaker 2: Yeah, no problem, Thanks thanks for having me guys.
- 0:13Speaker 1: All right, so where does this stand politically? Is this
- 0:18Speaker 1: something that is not going to make its way through completely?
- 0:22Speaker 1: This idea to fund the Raleigh baseball stadium? How do
- 0:27Speaker 1: you feel? How's that going right now?
- 0:30Speaker 2: Yeah? So, you know, the it is not going to
- 0:33Speaker 2: be in the budget that that's going to be voted
- 0:36Speaker 2: on this week up in Raleigh. Okay, but there is
- 0:39Speaker 2: a plan, and at least the Senate is backing this
- 0:41Speaker 2: plan that would have used public money about five hundred
- 0:46Speaker 2: million from the state and then a variety of money
- 0:49Speaker 2: from local resources up up in Wake County, sports gambling tax,
- 0:53Speaker 2: a special taxing district actually, you know, diverting some of
- 0:58Speaker 2: the taxes on players or performers that play at the facility,
- 1:02Speaker 2: and that would have funded this one point seven billion
- 1:04Speaker 2: dollar stadium in Wake County. And that would have put
- 1:08Speaker 2: I think pushed Raleigh right to the front of the
- 1:10Speaker 2: line for an expansion team if and when Major League
- 1:13Speaker 2: Baseball ever gets around to the siding some cities for
- 1:16Speaker 2: an expansion.
- 1:18Speaker 3: What's the ballpark situation there in Rawie, what's the where
- 1:22Speaker 3: will it go? How much will it cost? Give us
- 1:24Speaker 3: the uh, the update on what that may look like there.
- 1:29Speaker 2: Yeah, this was you know, this was a plan to
- 1:31Speaker 2: fully pay for for a one point seven billion dollar stadium.
- 1:34Speaker 2: My understanding was it would not have a retractable roof,
- 1:36Speaker 2: but it would be in the same vicinity as Lenovo
- 1:40Speaker 2: Center where the Hurricanes play and Carter Finley Stadium where
- 1:44Speaker 2: NC State obviously plays football, and that it may be
- 1:47Speaker 2: closer to the State Fairgrounds area. And they have created this,
- 1:51Speaker 2: you know, sort of special sports and entertainment districts and
- 1:54Speaker 2: been able to raise taxes in that district. Uh. You know,
- 1:58Speaker 2: people are familiar with the battery around around.
- 2:02Speaker 4: Atlanta's Stadium and Atlanta's baseball stadium.
- 2:04Speaker 2: This would have been like that. And of course the
- 2:05Speaker 2: Hurricanes are supposed to develop the area, all those parking
- 2:08Speaker 2: lots around Lenovo Center, so this would have been, you know,
- 2:12Speaker 2: another edition to that sort of year round sports from
- 2:15Speaker 2: college basketball to hockey to Major League baseball. It doesn't
- 2:20Speaker 2: seem like this is going to get in the budget.
- 2:21Speaker 2: But there is a proposal, and I think it could
- 2:25Speaker 2: come up at any time. There's no reason that has
- 2:28Speaker 2: to be in the budget. That could be voted on
- 2:29Speaker 2: as a standalone bill.
- 2:31Speaker 5: All right, So we got to get to the owner.
- 2:34Speaker 1: You know, the possible owners here, right, Tom Dundon and
- 2:38Speaker 1: North Carolina Courage investor Mark Lazry you write about this
- 2:41Speaker 1: in the article, have both expressed a desire to bring
- 2:44Speaker 1: a franchise to Charlotte separately, Right, So you have these
- 2:48Speaker 1: two billionaires. I'm sitting here on the radio in Charlotte saying,
- 2:51Speaker 1: David Tepper, why not one more team?
- 2:53Speaker 5: Come on, baby, throw your hat into the ring.
- 2:55Speaker 1: It feels like this is a key thing that we
- 2:57Speaker 1: don't have here in Charlotte, right, that you might have options.
- 3:01Speaker 1: There is the feeling though, that Dundon would be like
- 3:05Speaker 1: that Dundon would be the guy that would end up
- 3:08Speaker 1: being the lead dog, like if if y'all were to
- 3:10Speaker 1: get major League Baseball there.
- 3:14Speaker 2: Yeah, I mean I think you know Tom Dundon obviously,
- 3:17Speaker 2: you just want to Stanley Cup with the you know,
- 3:19Speaker 2: with the care a lot of Hurricanes. He has deep
- 3:21Speaker 2: relationships up there. The guy who runs the business side
- 3:25Speaker 2: of the Hurricanes. Used to work in the state legislature
- 3:28Speaker 2: for Senator Phil Berger, who's the top Republican in the
- 3:31Speaker 2: Senate and clearly has a good relationship with the people
- 3:35Speaker 2: who run the Centennial Authority, which you know, uh, the
- 3:38Speaker 2: Cintennial Authority oversees Lenovo Center. The Hurricanes run it. The
- 3:42Speaker 2: Hurricanes have development rights around it. I mean, Raleigh and
- 3:46Speaker 2: the state are already in business with Tom Dundon. Mark
- 3:49Speaker 2: Lazari is a guy who used to own part of
- 3:51Speaker 2: the Milwaukee Bucks. You know, manages this giant hedge fund
- 3:54Speaker 2: or capital fund is invested in teams all over all
- 3:58Speaker 2: over the country, including the Baltimore Orioles. So you've got
- 4:02Speaker 2: and he said, you know, he told me in a
- 4:04Speaker 2: story I reported last week or a couple of weeks ago,
- 4:06Speaker 2: that he wants to be invested in Raleigh. That he
- 4:09Speaker 2: believes Raleigh is, you know, five to fifteen years from now,
- 4:12Speaker 2: Raleigh is a growth city and the place where he
- 4:15Speaker 2: wants to kind of put his stake. So, you know,
- 4:18Speaker 2: to have two guys say Raleigh is the place I
- 4:20Speaker 2: want to be. Obviously, I think you know, moves moves
- 4:23Speaker 2: the city kind of ahead of other cities in this
- 4:27Speaker 2: pacting order. But of course, you know, all these guys
- 4:30Speaker 2: want a stadium, and Raleigh does not have a baseball
- 4:33Speaker 2: stadium capable of holding you know, major League Baseball at
- 4:36Speaker 2: this point. And my understanding is Charlotte doesn't really either,
- 4:40Speaker 2: And so who can finance a stadium? How can you
- 4:43Speaker 2: get a stadium built? If you're talking you know, one
- 4:45Speaker 2: point seven, let's call it two billion dollars for a stadium.
- 4:48Speaker 2: Well that they've also got to get a team, which
- 4:49Speaker 2: is probably going to be somewhere around three billion dollars.
- 4:52Speaker 2: So it's a pretty heavy investment. And if you don't
- 4:54Speaker 2: have somebody with five billion dollars or the ability to
- 4:56Speaker 2: put together five billion dollars, that, how are you going
- 4:59Speaker 2: to get How was anybody in North Carolina going to
- 5:01Speaker 2: get a team?
- 5:02Speaker 3: Ryan?
- 5:02Speaker 2: Well?
- 5:02Speaker 3: How much your fans in Raleigh clamoring for baseball? Is
- 5:06Speaker 3: it a big pleasure that the majority wanting?
- 5:09Speaker 2: Is?
- 5:09Speaker 3: What's the fan view of this?
- 5:13Speaker 4: Yeah, it's hard to tell.
- 5:14Speaker 2: I mean, you know, until you have a team, it's
- 5:16Speaker 2: hard to know, you know, what the interest is. I
- 5:18Speaker 2: think seeing what the Hurricanes did, seeing that, you know,
- 5:21Speaker 2: two hundred thousand people showed up for a parade seeing
- 5:25Speaker 2: that they were selling out watch parties at Lenovo Center
- 5:28Speaker 2: when when the Hurricanes were playing in Las Vegas and
- 5:31Speaker 2: and they were, you know, nineteen thousand people in the stadium,
- 5:34Speaker 2: another ten thousand outside of the stadium, watch parties all
- 5:37Speaker 2: around the city with thousands more. I think there's a
- 5:40Speaker 2: feeling like that Rolly's kind of ready for this. You know,
- 5:43Speaker 2: Rolly only has one professional team on like Charlotte, which
- 5:46Speaker 2: has you know, two of the Big Four plus Major
- 5:50Speaker 2: League Soccer. So there's a sense I think in Raleigh that,
- 5:53Speaker 2: like the times now right, the city is growing, the
- 5:57Speaker 2: city is ready for this. We only have one other team.
- 6:01Speaker 2: But you know, is it enough to pack thirty five
- 6:05Speaker 2: to forty thousand seeds stadium eighty one times a year?
- 6:08Speaker 2: I think it is an open question.
- 6:10Speaker 1: The last thing I want to ask Brian Murphy WRL.
- 6:14Speaker 1: Check out WRL dot com the article about you know,
- 6:17Speaker 1: Riley's push and the political aspect of this, the ownership
- 6:20Speaker 1: groups and potential ownership groups and all that stuff. Do
- 6:24Speaker 1: folks in Raleigh like do who do they look at
- 6:27Speaker 1: as their rivals for this? I've seen it reported by
- 6:30Speaker 1: some baseball insiders, the Major League Baseball would ideally pick
- 6:33Speaker 1: at east coast city and a West coast expansion city,
- 6:37Speaker 1: and Nashville gets a lot of hype as fast as
- 6:39Speaker 1: that city is growing. We and Charlotte would love to
- 6:42Speaker 1: be in the mix. We get mentioned in all these
- 6:44Speaker 1: articles because of how fast Charlotte's grow into the Fortune
- 6:48Speaker 1: five hundred companies are here and things like that are
- 6:51Speaker 1: success with other pro sports. But man, no one has
- 6:54Speaker 1: stepped up and said, I, you know, I got tons
- 6:57Speaker 1: of money, I want a team in Charlotte. Who do
- 6:59Speaker 1: people and Raleigh view as their competition? Is Charlotte even
- 7:03Speaker 1: viewed as that or or no.
- 7:07Speaker 2: I think most people think Nashville. And look they're basing
- 7:10Speaker 2: this on all those national reports that Nashville, you know,
- 7:13Speaker 2: is the is the leader on the East coast or
- 7:15Speaker 2: the leader in the you know, this side of the country.
- 7:17Speaker 2: As far as getting a team, I think, you know,
- 7:19Speaker 2: one of the issues for Charlotte is there.
- 7:21Speaker 4: The city and is putting six hundred and.
- 7:24Speaker 2: Fifty million dollars into the Bank of America repairs, and
- 7:27Speaker 2: so you know where where you're going to find another
- 7:29Speaker 2: six hundred and fifty million or more to help build
- 7:32Speaker 2: you know, a.
- 7:32Speaker 4: Baseball stadium, and then the fact that no owner.
- 7:35Speaker 2: Has stepped up, So I think most people think Nashville.
- 7:38Speaker 2: I think the real question is what do the Atlanta
- 7:40Speaker 2: Braves want or what are the Baltimore Orioles or Washington
- 7:44Speaker 2: Nationals want or Saint Louis Cardinals, Like how close to
- 7:48Speaker 2: their territory are you willing to go? Like is Nashville
- 7:52Speaker 2: going to reach opposition from Saint Louis or is Charlotte
- 7:55Speaker 2: going to have opposition from the Braves. It's the team
- 7:58Speaker 2: owners that vote on this eventually, you know, when we
- 8:01Speaker 2: get down to it. So they're all going to be
- 8:03Speaker 2: protecting their own territory. I think that's going to play
- 8:05Speaker 2: a role. Do they want to go to Montreal, you
- 8:07Speaker 2: know and get into the Canadian market? I think there's
- 8:10Speaker 2: a lot of questions, and I mean Major legue baseball
- 8:12Speaker 2: may not even play in the twenty twenty seventh season.
- 8:15Speaker 2: There may be a lockout, so like all this might
- 8:17Speaker 2: get pushed off a couple of years. So it's just
- 8:19Speaker 2: it's really fascinating. But and the fact that Raley is
- 8:22Speaker 2: not going to pass it, you know, the state legislature
- 8:24Speaker 2: is not going to pass us and the budget I
- 8:26Speaker 2: think opens questions about whether Raleigh is really a contender
- 8:29Speaker 2: at this point as well.
- 8:30Speaker 3: Right, as a Yankee fan, I'm root for the lockout
- 8:33Speaker 3: right now to happen as quick as possible.
- 8:36Speaker 1: If you're rooting for that what city. The Mets fan
- 8:39Speaker 1: on the show rooting for literally the league to be
- 8:41Speaker 1: a polisher, he's rooting for basketball season, all right, Brian,
- 8:45Speaker 1: good stuff here, good stuff. I wish you were writing
- 8:48Speaker 1: an article about Charlotte has the big push. They have
- 8:51Speaker 1: the backers, they've got a you know, the Senate folks talking.
- 8:54Speaker 1: But that's good education for us here for interest in
- 8:58Speaker 1: sports fans. Thanks for coming on and doing it early
- 9:00Speaker 1: in the morning.
- 9:01Speaker 2: Man.
- 9:01Speaker 5: Appreciate you, brother.
- 9:03Speaker 2: Yeah, thanks for sell those Charlotte billionaires to get on it.
- 9:06Speaker 1: Man, I'm trying to We know one, all right, man,
- 9:11Speaker 1: Appreciate you.
- 9:12Speaker 5: That is Brian Murphy W R. E. L.