Latest / The Chuck ToddCast / Interview Only w/ John Ourand - How Money Has Reshaped Professional & College Sports
Transcript
- 0:00Speaker 1: This episode of The Chuck Podcast is brought to you
- 0:02Speaker 1: by Chapter. Now, almost everything you hear about medicare is
- 0:06Speaker 1: somebody quietly trying to steer you somewhere, and you're skeptical
- 0:12Speaker 1: of that, as you should be.
- 0:13Speaker 2: I get it.
- 0:14Speaker 1: I mean, there's a federal lawsuit going on right now
- 0:17Speaker 1: over exactly this companies that branded themselves as unbiased while
- 0:21Speaker 1: allegedly pointing people toward whatever would pay them the most,
- 0:25Speaker 1: as some sort of broker. So if your default is
- 0:28Speaker 1: to distrust everyone in this space, honestly, I get it.
- 0:31Speaker 1: I'm a bit distrustful these days myself. That's the whole
- 0:34Speaker 1: reason I want to tell you about Chapter. They're independent
- 0:37Speaker 1: medicare advisors whose entire model is that their advisors are
- 0:41Speaker 1: not paid to push any one plan. They're just trying
- 0:45Speaker 1: to help. Yes, there's compensation that goes with it, but
- 0:47Speaker 1: it's across the board is what they're trying to do.
- 0:50Speaker 1: At the end of the day, they're advocating for you.
- 0:52Speaker 1: They're not the insurance companies themselves. They're an actual person
- 0:56Speaker 1: who actually goes through your doctors, your prescriptions needs, and
- 1:01Speaker 1: then compares them to every single plan available to find
- 1:04Speaker 1: the best one. That will work for you and hopefully
- 1:07Speaker 1: send save you a couple of dollars too. And here's
- 1:09Speaker 1: the part that sets Chapter apart. They don't disappear once
- 1:13Speaker 1: you've been in a role. They will keep advocating for you.
- 1:16Speaker 1: They're kind of like almost like a concierge service. You're
- 1:19Speaker 1: just there. I need help. You're like customer service. You
- 1:22Speaker 1: know the plan, you know, help me navigate this again.
- 1:24Speaker 1: So you ever get hit with a wrongful medical bill,
- 1:27Speaker 1: they'll help you fight it. They want to stay an
- 1:30Speaker 1: advocate for you even after you've done this. So look,
- 1:34Speaker 1: I get it. I think there's all sorts of space.
- 1:38Speaker 1: You see a lot of people are throwing themselves in
- 1:40Speaker 1: this healthcare space. When I like about these Chapter folks,
- 1:43Speaker 1: I've spent time with them. This is a very transparent organization.
- 1:47Speaker 1: It is Medicare, and all of its affiliated stuff can
- 1:51Speaker 1: be very confusing. The whole point of this is to
- 1:55Speaker 1: make this easier and less confusing. Okay, so look, take
- 1:59Speaker 1: this cup deicism you already have in all of this,
- 2:02Speaker 1: point it out your own plan for twenty minutes. It's free,
- 2:05Speaker 1: there's no pressure, and then call Chapter today at nine
- 2:08Speaker 1: eight zero seven three four three nine eight five, and
- 2:17Speaker 1: joining me now is somebody I've known a long time.
- 2:19Speaker 1: He and I share an organization on our resume, the
- 2:23Speaker 1: Sports Business Journal. I was there when it was a
- 2:25Speaker 1: Sports business daily. It is John Oron who covers these
- 2:28Speaker 1: sports industry and I think that that's probably the best
- 2:33Speaker 1: way to describe it. I think some might think it's
- 2:35Speaker 1: sports media, but he's not. It's the whole, it's all
- 2:39Speaker 1: of it, and he does it for Puck, and he
- 2:41Speaker 1: does it quite well.
- 2:43Speaker 2: Puck.
- 2:43Speaker 1: For those of you who don't know, Pocket really is
- 2:45Speaker 1: sort of a high end almost concierge's news service of
- 2:51Speaker 1: like four big topics a tenpole in Hollywood, at ten
- 2:54Speaker 1: pole in Silicon Valley, and a ten pole in Washington,
- 2:57Speaker 1: a tent pole in New York. You know, our money, power, politics,
- 3:02Speaker 1: and sports of course has all of it, which is
- 3:05Speaker 1: why I think it's been a very successful expansion. John Oran,
- 3:09Speaker 1: who's also a DMV er, So we get to geek
- 3:13Speaker 1: out on the Nationals at a minimum, right John, Well.
- 3:17Speaker 2: You know I grew up in in DC when we
- 3:20Speaker 2: didn't have a team, so my allegiance still up in Baltimore.
- 3:24Speaker 2: In terms of MLBBA, I need.
- 3:25Speaker 1: You go up I have a couple of friends who
- 3:27Speaker 1: are still having given up the Orioles. I Angelos made
- 3:33Speaker 1: it pretty easy for me to give up the Orioles.
- 3:35Speaker 1: It wasn't it wasn't that hard. I sort of. I
- 3:37Speaker 1: grew up without a baseball team myself, right, you.
- 3:40Speaker 2: Know what though, Like let me bring this up because
- 3:42Speaker 2: like the Nationals one in twenty nineteen, and that's when
- 3:45Speaker 2: I instantly regretted sticking with the Orioles. Of course, as
- 3:48Speaker 2: you should, the learner sold everybody off. I mean, all
- 3:50Speaker 2: the baseball owners. They're all the same jock. Come on,
- 3:53Speaker 2: I know they all.
- 3:54Speaker 1: It is true, like David Rubinstein's turned out to be
- 3:56Speaker 1: a disaster, and I did not. And I remember mourning
- 4:00Speaker 1: when he went to when he bought the Orioles instead
- 4:03Speaker 1: of BC. I thought, my god, if anybody can fix
- 4:06Speaker 1: National monuments, uh, it is David Rubinstein. I mean I
- 4:10Speaker 1: think I saw him as the fixer of the Commanders,
- 4:12Speaker 1: the fixer of and it just broke my heart when
- 4:15Speaker 1: he went to Baltimore. But he s turned out to
- 4:17Speaker 1: be a terrible owner.
- 4:18Speaker 2: Well, I have a knit to pick with your intro
- 4:20Speaker 2: because you said you were we share you know, a
- 4:24Speaker 2: resume thing. You said you were with it when it
- 4:26Speaker 2: was Sports Business Daily. You were the original editor of
- 4:30Speaker 2: Managing editor BJ SBJ pretty much wouldn't exist without you.
- 4:35Speaker 2: I'm going to give you your yours, you know, sports
- 4:36Speaker 2: business bona fides, Chuck. I mean, you're more than just
- 4:39Speaker 2: sort of a peon on Sports Business Daily like you were,
- 4:42Speaker 2: you were the guy there.
- 4:43Speaker 1: It's this thread into the sports world that gives me
- 4:46Speaker 1: semi legitimacy. With my partnership with Jay and donde as
- 4:49Speaker 1: we've been doing dabbling into sports history and and you'll
- 4:54Speaker 1: appreciate this pretty much in every one of these We've
- 4:56Speaker 1: done four dives on these sort of dynastic franchises and
- 5:01Speaker 1: we like one will being the previous one. I'm always
- 5:03Speaker 1: obsessed with the business side of things and the ownership
- 5:05Speaker 1: side of things and how that all that has worked.
- 5:08Speaker 2: And it's.
- 5:12Speaker 1: I tell you, there's nothing I enjoy more than the
- 5:14Speaker 1: stories of old past NBA owners because the NBA owners
- 5:18Speaker 1: could have easily been you and me, Like literally anybody
- 5:21Speaker 1: could have gotten a team if you had access to
- 5:23Speaker 1: an arena in the sixties or seventies. You want to
- 5:25Speaker 1: be an owner, literally no money down, you know, we'll
- 5:28Speaker 1: finance you down the road. I mean, it's so I
- 5:31Speaker 1: really do been enjoying some Just just to take that
- 5:35Speaker 1: a little bit forward, they're launching something called like a
- 5:39Speaker 1: horse racing league, and they're trying to find money.
- 5:42Speaker 2: And the person behind the horse racing league is Greg Mthay,
- 5:45Speaker 2: who of course used used to run Liberty, you know,
- 5:48Speaker 2: and has oodles of money. So like, we couldn't even
- 5:52Speaker 2: do a horse racing team or a horse racing league.
- 5:55Speaker 2: But back in the day, yeah, just anybody could own
- 5:57Speaker 2: an NBA team. For exact I.
- 5:59Speaker 1: Remember being at a dinner with Gordon Gunn who told
- 6:02Speaker 1: me some crazy stories David Stern begging him please take
- 6:06Speaker 1: the Cavaliers. It was like, you know, please help us
- 6:09Speaker 1: out here. You know. Of course turned out to be
- 6:11Speaker 1: the best business decision he ever made, right, But it
- 6:14Speaker 1: was just, you know, the NBA in the seventies man
- 6:19Speaker 1: on that front, and we did the Warriors, and you
- 6:21Speaker 1: realize so many of those teams were literally they didn't
- 6:24Speaker 1: know if the paychecks would clear. Yeah, which is a
- 6:28Speaker 1: lot of fun. But I want to start with sort
- 6:30Speaker 1: of look first, I'm always fascinated when somebody enters the
- 6:38Speaker 1: club of sort of one hundred. For me, the club
- 6:41Speaker 1: of one hundred is owning one of a major league
- 6:43Speaker 1: sports franchise. It's a little bit more than one hundred franchises.
- 6:45Speaker 1: But the club of one hundred, who are these folks
- 6:48Speaker 1: in Seattle? Ten billion dollars the new floor for an
- 6:52Speaker 1: NFL franchise. Are these going to be people who will
- 6:56Speaker 1: be famous? Or will these this be an ownership group
- 6:59Speaker 1: that will always have to Google to find out who
- 7:01Speaker 1: it is?
- 7:02Speaker 2: You know, we don't know that yet because you don't
- 7:07Speaker 2: know until they take ownership over the team. So sort
- 7:11Speaker 2: of how they're going to work with the league, and
- 7:12Speaker 2: how they how much how much they want to work
- 7:14Speaker 2: with the league and the uh, you know, the some
- 7:19Speaker 2: microchip business or the Silicon Valley business and all of
- 7:22Speaker 2: a sudden, now you can own an NFL team. But
- 7:25Speaker 2: I think that's the story that really intrigues me about
- 7:27Speaker 2: Seattle Truck is just this has to be among the
- 7:32Speaker 2: last like family financed purchases.
- 7:36Speaker 1: I mean, this is why, well we keep saying this,
- 7:39Speaker 1: We've been saying that the end we are ending an
- 7:42Speaker 1: era of the family owned team, right like the Raiders. Essentially,
- 7:48Speaker 1: if you're not second or third generation, the Hallis family,
- 7:51Speaker 1: you know, I mean, you know that's probably the next great,
- 7:55Speaker 1: you know, massive sale whenever that happens with the mccasked
- 7:59Speaker 1: sideh Alas family. But we've been we've been sort of
- 8:03Speaker 1: writing the obituary for the family owned sports team for
- 8:08Speaker 1: a couple of decades.
- 8:08Speaker 2: Now, haven't we Yeah, we have, and but now we're
- 8:11Speaker 2: actually starting to see it, which is why you have
- 8:14Speaker 2: all of the leagues are allowing private equity to come
- 8:17Speaker 2: in and take bigger and bigger slices of the teams
- 8:21Speaker 2: because there's so few people that can afford it. Or
- 8:24Speaker 2: you know, even in our hometown with the Commanders, do
- 8:27Speaker 2: you know it's not a fully Josh Harris funded purchase.
- 8:31Speaker 2: He's listed as the owner, but you know there are
- 8:34Speaker 2: a bunch of like really powerful people behind him on
- 8:36Speaker 2: that as well.
- 8:38Speaker 1: How did we go in three years? I mean, I
- 8:40Speaker 1: don't know about you. Did your stock portfolio go up
- 8:43Speaker 1: fifty percent in three years because we just went from
- 8:46Speaker 1: the Commanders, who arguably are a ten pole franchise no
- 8:52Speaker 1: fence to my friends and the other Washington. Yes, there
- 8:55Speaker 1: was a fire sale like mindset with the Commanders, so
- 8:58Speaker 1: maybe there was some lesson value but we went from
- 9:01Speaker 1: a six billion dollar to a ten billion dollar in
- 9:05Speaker 1: three work me if I remember my transaction was three
- 9:08Speaker 1: and a half years ago.
- 9:10Speaker 2: Yeah, so I think that the uh, there are a
- 9:14Speaker 2: couple of things at play here. One is that all
- 9:19Speaker 2: of the leagues allowed the private equity to come into.
- 9:22Speaker 1: This, and the private equity has just been able to
- 9:24Speaker 1: It's just more access to cash exactly.
- 9:26Speaker 2: And as you said, what did you call it the
- 9:29Speaker 2: Club of one hundred. It's an exclusive club and people
- 9:33Speaker 2: want to get into that club.
- 9:34Speaker 1: And Simmons has said this, you don't know the name
- 9:37Speaker 1: of rich people unless they own a sports franchise, right,
- 9:40Speaker 1: It's like, you know, it's through good, They're just another
- 9:43Speaker 1: rich guy. But now Josh Harris is a rich guy
- 9:46Speaker 1: who owns the Sixers, and there he'd just be a
- 9:48Speaker 1: private equity guy right outside of the financial world. Do
- 9:52Speaker 1: you know who Ray Dalio is? Yeah, right, it's Ray
- 9:54Speaker 1: Dalio owned the Dallas Cowboys. Everybody would know who Ray
- 9:56Speaker 1: Dalio is.
- 9:57Speaker 2: Yeah, Jerry Jones, we know him, chapter and verse. But
- 10:01Speaker 2: there also is and I'm gonna I'm talking a little
- 10:03Speaker 2: bit out of my depth here, so like if my
- 10:07Speaker 2: knowledge is a mile wide and an inch deep. But
- 10:09Speaker 2: there have been some sort of tax changes as well
- 10:11Speaker 2: that sort of you know, have helped these values sort
- 10:13Speaker 2: of increase and the the you know, the money that
- 10:17Speaker 2: they pay for it. You know something about the taxing
- 10:21Speaker 2: on it that I shouldn't better, But yeah, some tax
- 10:24Speaker 2: I'm a journalist, I'm not a CPA, so I have
- 10:27Speaker 2: no clue when we as you can tell I'm starting
- 10:30Speaker 2: to start.
- 10:30Speaker 1: Here's all you need to know is that the US
- 10:32Speaker 1: federal tax code is a freaking mess.
- 10:35Speaker 2: Yeah, it's like, and we just dealt with that these billionaires.
- 10:40Speaker 2: Yeah yeah, if we just.
- 10:41Speaker 1: Dealt with the loopholes, we wouldn't have to worry about
- 10:43Speaker 1: specialized wealth taxes and stuff. It's just like, if the
- 10:47Speaker 1: percentage was the percentage you pay thirty nine percent, you
- 10:50Speaker 1: pay twenty thirty eight percent, you paid twenty nine percent.
- 10:53Speaker 1: But that is not how obviously we all know our
- 10:55Speaker 1: tax code work. So I I you are forgiven for that,
- 10:58Speaker 1: and I get that.
- 11:00Speaker 2: Let me let me ask you a quick question. Because
- 11:02Speaker 2: A Snyder bought the Redskins now commanders for you know,
- 11:07Speaker 2: less like less than a billion dollars.
- 11:09Speaker 1: And then remember poor old John kN Cook couldn't come
- 11:12Speaker 1: up with the matching offer.
- 11:13Speaker 2: Remember, yeah, try as he wanted because he didn't allow
- 11:16Speaker 2: private equity then.
- 11:18Speaker 1: And he had his own tax problems by what was
- 11:21Speaker 1: inherited from the team, Like it was a I do
- 11:26Speaker 1: think what you're describing, and I don't. We're both on
- 11:28Speaker 1: over our skis on this sounds like. But I think
- 11:32Speaker 1: with the current tax code, maybe John can, maybe Jack
- 11:35Speaker 1: could have left him the.
- 11:36Speaker 2: Team or something along those lines. But where I was
- 11:40Speaker 2: going for this, as I used to, I started writing,
- 11:43Speaker 2: what a what a return? Bought it for less than
- 11:45Speaker 2: a billion, and so for six billion, and somebody was like,
- 11:49Speaker 2: you know, that's not a great return. After after you know,
- 11:52Speaker 2: twenty years or however long he ended up having it.
- 11:56Speaker 1: Well, he devalued it, right, he found ways to Yeah,
- 12:00Speaker 1: I mean he was.
- 12:01Speaker 2: We lived in the town. We saw at firsthand. Oh
- 12:03Speaker 2: sure he was a terrible steward. He cost himself all
- 12:06Speaker 2: sorts of all sorts of sort of recurrent cash payments
- 12:11Speaker 2: when it came to you know, the fan base and
- 12:14Speaker 2: all of that.
- 12:16Speaker 1: But I guess the question I have because you know,
- 12:19Speaker 1: are we you know, I think this with media rights deals,
- 12:25Speaker 1: that there's no way leagues can continue to get the
- 12:29Speaker 1: percentage increases they get for their TV deals, which of
- 12:32Speaker 1: course produce the increased valuations for these franchise fees. You know,
- 12:39Speaker 1: maybe it's the same question people ask when the stock
- 12:41Speaker 1: market's on this crazy run. This is a bubble, right,
- 12:45Speaker 1: this is going to burst and it's going to get ugly. Right,
- 12:48Speaker 1: what am I missing? And we've never had that. We
- 12:51Speaker 1: haven't had that in the sports world, honestly since the
- 12:55Speaker 1: infamous billion dollar baseball deal that just essentially destroyed CBS
- 12:59Speaker 1: and inineteen ninety and arguably cost CBS its entire you know,
- 13:05Speaker 1: what CBS is today, you could argue begins with the
- 13:09Speaker 1: overpaying for baseball in nineteen ninety Yeah.
- 13:12Speaker 2: Man, that was also when the Fox came in and
- 13:14Speaker 2: overpaid drastically for the NFL. You know, back in nineteen
- 13:18Speaker 2: ninety three, for two hundred and fifty million they paid,
- 13:22Speaker 2: you know, which I think is enough for like two games?
- 13:24Speaker 1: Is redesigned? I mean, I always say, look, we started
- 13:26Speaker 1: this in nineteen ninety four. I you know, I think
- 13:30Speaker 1: Sports Business Daily Slash Journal can beat its chest. It
- 13:33Speaker 1: was sort of like if it hadn't been founded, somebody
- 13:37Speaker 1: else would have done it because so much happened that year,
- 13:40Speaker 1: probably this single most important year in the history of
- 13:44Speaker 1: the sports, of the sports industry in the United States,
- 13:47Speaker 1: between that Fox transition, MLS launches, lockouts, and baseball in
- 13:52Speaker 1: the NHL. I mean, it was, it was, and I
- 13:55Speaker 1: always said it was the moment that even the sports
- 13:58Speaker 1: industry realized, oh, we're not a hobby anymore.
- 14:02Speaker 2: We are an industry. So I love your question because
- 14:06Speaker 2: ever since I've started reporting on this, which is a
- 14:08Speaker 2: long time, the everybody has been telling me right about
- 14:12Speaker 2: the bubble of sports media rights, it's going to happen.
- 14:15Speaker 2: And then we have the NFL signing one hundred and
- 14:18Speaker 2: ten billion dollars worth of deals, one hundred and ten billion,
- 14:22Speaker 2: and then within two years that looks below market because
- 14:25Speaker 2: the NBA, you know, those sold its right as well.
- 14:29Speaker 2: But there's something happening now that I'm not willing to look.
- 14:33Speaker 2: It's been going on for so long, I'm not willing
- 14:35Speaker 2: to call it a bubble. But there is something happening
- 14:37Speaker 2: here with the media business that gives me some pause.
- 14:43Speaker 2: The NFL is going to be fine. The NBA obviously
- 14:46Speaker 2: is fine. I think baseball is okay in big time
- 14:49Speaker 2: college I think that they're fine as well, But there's
- 14:52Speaker 2: a middle class of sports rights that I think, you know,
- 14:58Speaker 2: winner could be coming for them if you take.
- 15:01Speaker 1: A look for referring to is this w n B
- 15:03Speaker 1: A NHL? Is that where you would go call the
- 15:05Speaker 1: middle class of sports NHL?
- 15:07Speaker 2: Would My job, Chuck, is to figure out where that
- 15:11Speaker 2: line is drawn. But if I were the PGA Tour,
- 15:14Speaker 2: I would be I would be concerned.
- 15:16Speaker 1: I think that is the dirty little secret about PGA
- 15:19Speaker 1: Tour is they have no control over the four majors
- 15:22Speaker 1: right exactly. Yeah, And the only thing that at this point,
- 15:26Speaker 1: it's the only thing of valued.
- 15:27Speaker 2: And and they're right now tied to CBS, which, as
- 15:31Speaker 2: you know you've been reading and writing about, you know,
- 15:35Speaker 2: Paramount's debt load. They're going to have to cut costs,
- 15:37Speaker 2: uh NBC. They're newly spun out from comcasts, so.
- 15:42Speaker 1: They you know, they no longer look at everybody's wondering
- 15:45Speaker 1: what's coming there?
- 15:46Speaker 2: OK.
- 15:48Speaker 1: I mean you know somebody who owns a lot of
- 15:50Speaker 1: Comcast stock, I'm wondering, well, am I you know in
- 15:53Speaker 1: for a diamond for a dollar? Let's what does this mean?
- 15:56Speaker 1: I wouldn't have to Comcast stock?
- 15:57Speaker 2: Is great. I'm terrible on the stock market, but I
- 16:01Speaker 2: they're okay.
- 16:02Speaker 1: But the stock price, there's a reason he's doing this.
- 16:06Speaker 1: Stock price has been tanking for a year and a half.
- 16:09Speaker 1: And you know, it's just it's it's been nothing but
- 16:12Speaker 1: a downward trend line because every look, Comcasts fell into
- 16:16Speaker 1: this trap. You wrote about this a few times. Comcast
- 16:19Speaker 1: was too big to buy and too but too small
- 16:23Speaker 1: to compete, and it had to figure out how could
- 16:26Speaker 1: it get bigger? Well, you know, it's funny, and I
- 16:30Speaker 1: say this. I like Brian Roberts. I know him a
- 16:33Speaker 1: little bit, but I'm not going to pretend I know
- 16:34Speaker 1: him really well. But he was look, he ran it
- 16:37Speaker 1: like a family business, so he was very mindful of overspending.
- 16:43Speaker 1: I think he did think he overspent on Sky, and
- 16:46Speaker 1: he didn't want to do it again. So then what
- 16:48Speaker 1: did he do? He came up short on Fox, came
- 16:50Speaker 1: up short on Warner Brothers, came up short on and
- 16:53Speaker 1: I an activision, and I think, you know, the Sky
- 16:57Speaker 1: deal spooked him. And then now Cast is looking around
- 17:01Speaker 1: going well, what are we now? And it certainly feels
- 17:05Speaker 1: like it's the beginning of the disaggregation. I guess of
- 17:10Speaker 1: the entire company.
- 17:11Speaker 2: Yeah, and that's you're going to feel this in a
- 17:13Speaker 2: lot of sectors. But I cover that, I cover sports,
- 17:16Speaker 2: and so you know there are going to be there
- 17:19Speaker 2: are going to be leagues that if the leagues don't
- 17:22Speaker 2: help these networks get the cable operators and satellite operators
- 17:26Speaker 2: who still matter. Cord cutting is happening, but they still
- 17:28Speaker 2: matter to pay an added rights fee or a license
- 17:32Speaker 2: fee there, then they're not going to be as interested.
- 17:35Speaker 2: And then these leagues. I've been looking at Netflix and
- 17:40Speaker 2: Apple and Amazon and YouTube, like three trillion dollars market
- 17:45Speaker 2: cap companies, and they're like, all right, we're gonna we're
- 17:48Speaker 2: gonna be fine. Well we're seeing with that. Like Netflix
- 17:52Speaker 2: is very happy with just five NFL games. They don't
- 17:55Speaker 2: need to carry carry everything. Amazon they very well with
- 18:00Speaker 2: Thursday night Football, Like, well what about Sunday Night Football?
- 18:04Speaker 2: Do you want that? We're happy with. All we need
- 18:06Speaker 2: is one package of games. So this idea that that
- 18:08Speaker 2: they they're going to come in and keep bidding up
- 18:12Speaker 2: these rights, I think is fanciful. I question that. And
- 18:16Speaker 2: then then just one more quick point I want to
- 18:18Speaker 2: make on that, Chuck, is if Amazon gives up Sports tomorrow.
- 18:24Speaker 2: I bet their stock goes up like and they don't
- 18:28Speaker 2: need they don't need the NFL. And so what I
- 18:31Speaker 2: find fascinating is this relationship that the NFL dictates to
- 18:36Speaker 2: the traditional like linear TV, it's totally turned around when
- 18:40Speaker 2: it comes to these streamers, and it's it's it's really
- 18:42Speaker 2: kind of a fascinating thing to watch.
- 18:50Speaker 1: This episode of the Check Podcast is brought to you
- 18:53Speaker 1: by fand OL Baseball Fans. Think you know who's hitting
- 18:56Speaker 1: a homer today, Well, Fandel is giving you a free
- 18:58Speaker 1: chance to call your with Daily Dingers. Joining the action
- 19:02Speaker 1: is easy. You just make your free pick on who's
- 19:04Speaker 1: hitting a home run in their game, and if you're right,
- 19:06Speaker 1: you'll get a profit boost to use on your next
- 19:09Speaker 1: bet for a chance at extra winnings. You've got nothing
- 19:12Speaker 1: to lose and you get a lot to gain. And
- 19:14Speaker 1: don't forget you can make a free pick every day
- 19:17Speaker 1: during the MLB season. It's just another reason why fandel
- 19:20Speaker 1: is the home for home runs. So are you ready
- 19:22Speaker 1: to play your game today? Join all the action at
- 19:26Speaker 1: FanDuel dot com that's fandle dot com to play Daily
- 19:29Speaker 1: Dingers and make your free pick on who's hitting a homer,
- 19:33Speaker 1: playball and Swing for the Fences on fandle an official
- 19:36Speaker 1: partner of the MLB twenty one plus in select states.
- 19:40Speaker 1: For Kansas and affiliation with the Kansas Star Casino, it's
- 19:43Speaker 1: eighteen plus in DC, Kentucky, Wyoming. If you have a
- 19:46Speaker 1: gambling problem, call one eight hundred Gambler or one eight
- 19:50Speaker 1: hundred mis Reset, or call one eight eight eight seven
- 19:54Speaker 1: eight nine seven seven seven seven. You can also visit
- 19:57Speaker 1: CCPG dot org slash check. In Connecticut, you can visit
- 20:02Speaker 1: the MD Gamblinghelp dot org. In Maryland for help, you
- 20:06Speaker 1: can visit Gambling Heelplinema dot org. You can call eight
- 20:10Speaker 1: hundred and three two seven five zero five zero. In Massachusetts,
- 20:14Speaker 1: you can call one eight seven seven eight Hope and Why,
- 20:18Speaker 1: or you can simply text hope and Why New York
- 20:22Speaker 1: in order to get some help with any gambling concerns. Finally,
- 20:26Speaker 1: you can also call one eight seven seven seven seven
- 20:28Speaker 1: zero seven eight sixty seven if you're in Louisiana. So
- 20:37Speaker 1: the NFL can't allow itself to be priced out of
- 20:41Speaker 1: the market for CBS, ABC and NBC and Fox, and
- 20:45Speaker 1: at the same time, there's more money in the other
- 20:48Speaker 1: Banana stands right of streaming. But the streamers don't need
- 20:53Speaker 1: the NFL the way. You know, look at what Peacock
- 21:01Speaker 1: subscriptions are like. You know, when there's an NFL game
- 21:04Speaker 1: only right, you know, they know their own churn paramount
- 21:08Speaker 1: plus this UFC. They may drop golf, but they're not
- 21:11Speaker 1: going to drop UFC right because and it may be
- 21:14Speaker 1: that the stickier niche sports become right. You know, hockey
- 21:19Speaker 1: I think is valuable because of its obsessive fan base.
- 21:23Speaker 1: You know, that is somebody that putting them behind a
- 21:25Speaker 1: paywall will probably pay. I'm not sure I would do
- 21:29Speaker 1: that for the WNBA yet. I don't think it has
- 21:34Speaker 1: that fan base that's ready to pay extra money. Maybe
- 21:37Speaker 1: I'm wrong. You know where we could find out. So
- 21:40Speaker 1: I wonder on that, and it's like, I feel like
- 21:45Speaker 1: you tell me. But the NFL seems so focused on
- 21:48Speaker 1: how much more money can get out of the streamers
- 21:51Speaker 1: that it may regret essentially pricing their legacy broadcast partners
- 21:59Speaker 1: out of them market right.
- 22:01Speaker 2: I do think the NFL is conscious about not wanting
- 22:04Speaker 2: to have the legacy media companies pay so much that
- 22:10Speaker 2: it hurts their business. They want as much money as
- 22:13Speaker 2: they can get But if you're the NFL, you're also
- 22:16Speaker 2: looking at you know, they want they want Fox to
- 22:20Speaker 2: pay you know, let's say half a billion dollars a
- 22:24Speaker 2: year more for their package, you know, as part of
- 22:27Speaker 2: a renewal, and Fox is saying, we can we can't
- 22:29Speaker 2: afford that were you know, there's no way we can
- 22:33Speaker 2: afford that. And then Fox turns around finds and there's
- 22:36Speaker 2: couch cushions twenty two billion dollars to buy Roku And
- 22:40Speaker 2: the NFL is like, wait, wait a sell. You just
- 22:42Speaker 2: said so you can't afford We know there's money there.
- 22:46Speaker 2: So that's sort of the push and pull that that's
- 22:49Speaker 2: happening inside the NFL as well.
- 22:53Speaker 1: One of the reactions I've had to watching Netflix put
- 22:56Speaker 1: on live sporting events is like, take what they did
- 23:00Speaker 1: baseball in the home run derby and what they did
- 23:02Speaker 1: with the opening game as well, which I enjoyed their coverage.
- 23:06Speaker 1: I think they played to kersh Off. I remember doing
- 23:09Speaker 1: the first maybe they know that was they had Yankees Dodger.
- 23:13Speaker 1: I think it was must have been Peacock that had
- 23:14Speaker 1: the Dodgers Padres. But it was really cool to have
- 23:16Speaker 1: kershawf commentate first game in retirement and it was just
- 23:21Speaker 1: it was it was great. But what I noticed about
- 23:24Speaker 1: Netflix's coverage is that it felt familiar. Netflix has no
- 23:28Speaker 1: sports division. There's no people you say, oh, that's a
- 23:31Speaker 1: Netflix sports ankling. But they had people that you see
- 23:34Speaker 1: on MLB network or they had people that you see
- 23:36Speaker 1: on the other channels. And it got me thinking, is
- 23:41Speaker 1: all production going to start to move in house with
- 23:43Speaker 1: the bigger leagues, and that the network partners are simply
- 23:48Speaker 1: distributors and they took the talent and like you'll start
- 23:52Speaker 1: to see I mean, you're almost there with how MLB
- 23:56Speaker 1: is managing things, certainly with their TV right the first
- 23:59Speaker 1: of all two things. One, I think the next broadcasts
- 24:02Speaker 1: are technically so much better than what masson did you
- 24:06Speaker 1: know we can?
- 24:07Speaker 2: We can?
- 24:07Speaker 1: I'm not going to get the discussed.
- 24:09Speaker 2: Mass and Mason didn't care about the Nats. I think
- 24:11Speaker 2: Madison's clear right, like a.
- 24:13Speaker 1: Great yeah, But the MLB broadcast whether you're watching a
- 24:16Speaker 1: Twins game, you're watching a NATS game, you're watching a
- 24:18Speaker 1: Marlins game. When I'm down here in Florida, they're running
- 24:21Speaker 1: those as well. There. It is a higher quality, right,
- 24:25Speaker 1: rather than hoping the regional partner will figure out how
- 24:29Speaker 1: to do this. Is that a future are we going
- 24:32Speaker 1: to see the leagues become their own production houses so
- 24:35Speaker 1: they can continue to piece meal out games on there,
- 24:38Speaker 1: so they control branding a little bit more, maybe even
- 24:41Speaker 1: they even control ad sales a little bit more. Just
- 24:46Speaker 1: watching the Netflix thing, that struck me that Netflix was
- 24:49Speaker 1: likely doing third party stuff like that.
- 24:52Speaker 2: You know, I'm skeptical of that. I can I can
- 24:55Speaker 2: see where that's going. The PGA tour just for example,
- 24:58Speaker 2: just build a huge production facility down in Florida. You know.
- 25:02Speaker 2: So with that thought in mind, within the business, there
- 25:07Speaker 2: are there isn't a World Cup.
- 25:08Speaker 1: Isn't the World cupping broadcast this way where really the
- 25:11Speaker 1: broadcasters aren't doing the work, it's World Cup's own.
- 25:14Speaker 2: Yeah, yeah, I think I was taking issue with your
- 25:17Speaker 2: sort of bringing it in house. I do think that
- 25:19Speaker 2: the leagues could control because because you have you have
- 25:22Speaker 2: in the market, you have things like you know, Omaha
- 25:24Speaker 2: Productions or you know, I'm going to I shouldn't name cousin.
- 25:31Speaker 1: My production team is part of the owners of by
- 25:34Speaker 1: production team or part owners and oh there you go.
- 25:37Speaker 1: Well they're kind of distant cousins. We're kind of related.
- 25:40Speaker 1: I hope to get the backsplash.
- 25:42Speaker 2: From Oma Connorshell and words and pictures. There's like ever
- 25:45Speaker 2: wonder as well. You have a lot of sort of uh,
- 25:48Speaker 2: you know, big production companies out there that are slowly
- 25:52Speaker 2: getting more into live sports, and so so do I
- 25:56Speaker 2: see the NFL is sort of opening up a you know,
- 25:59Speaker 2: its own production facility and doing that. They just sold
- 26:02Speaker 2: their media to to ESPN. I think that the leagues
- 26:05Speaker 2: have seen that and don't necessarily want to do it,
- 26:07Speaker 2: but I can see them partnering with one of these
- 26:10Speaker 2: independent production companies and then sort of the controlling the
- 26:15Speaker 2: video sort of that way, you know, as opposed to
- 26:17Speaker 2: isn't that what.
- 26:18Speaker 1: ESPN is pivoting to is a business themselves?
- 26:20Speaker 2: Right?
- 26:20Speaker 1: They're now the operator of MLB TV. What does that mean?
- 26:24Speaker 2: Are they the distributor or are they the operator? They're
- 26:27Speaker 2: the distributor right now, and that's a deal. That's a
- 26:31Speaker 2: deal that only lasts for another like two years and
- 26:33Speaker 2: then and then they'll have to renegotiate it. But that's
- 26:36Speaker 2: that's more of a streaming play of trying to grow
- 26:38Speaker 2: their app because you know, if you want to watch
- 26:41Speaker 2: the nets and stream it as opposed to buying cable
- 26:45Speaker 2: then you would go through ESPN to to get that.
- 26:48Speaker 1: There's still the single best functioning league based app as MLBS.
- 26:53Speaker 2: Yeah, that's incredible, isn't it.
- 26:55Speaker 1: Like well, they were always ahead of the game. Yeah,
- 26:58Speaker 1: they were always early on this, and it's fine, right
- 27:00Speaker 1: for for the for the sport that's always the most
- 27:03Speaker 1: tradition bound, right, the sport that's thought of to be
- 27:06Speaker 1: too slow. For the modern air. All these things much
- 27:10Speaker 1: much better on the streaming.
- 27:12Speaker 2: Side, and that's that's a legacy of bud ceiling and
- 27:15Speaker 2: bud seiling. You know when you talk about that. It's
- 27:18Speaker 2: funny now to listen to NBA people talking about the
- 27:21Speaker 2: MLB and saying, like, I wish we could change like them,
- 27:23Speaker 2: because they have. They've brought in a clock to baseball.
- 27:27Speaker 2: Who would have ever thought in the in the bud
- 27:29Speaker 2: ceiling gear that they would do that, And they've you know,
- 27:32Speaker 2: they've they've made the games a lot, uh at least
- 27:36Speaker 2: regular season games a lot shorter, and it's a they've
- 27:39Speaker 2: they've done a lot to sort of try to modernize it.
- 27:41Speaker 2: But that that legacy of of media is it is
- 27:44Speaker 2: kind of fascinating to me.
- 27:46Speaker 1: Let's talk about this journalism issue in sports. I was
- 27:50Speaker 1: with one of the people that are an executive for
- 27:53Speaker 1: Metal Arc and they were talking about and they were
- 27:56Speaker 1: I was on a panel with him them will about You,
- 27:59Speaker 1: and he was talking about the success that Pablo Torre
- 28:03Speaker 1: has had and that it would have been harder for
- 28:07Speaker 1: Pablo to be successful had they been a direct rights holder. Right.
- 28:12Speaker 1: It was just sort of the the just the reality
- 28:15Speaker 1: when you're a rights holder as a media company, your journalism,
- 28:21Speaker 1: your news division pays a price, whether intentional or not.
- 28:27Speaker 1: How have you observed this and watched this.
- 28:30Speaker 2: I've seen, here's my here's my honest answer. I just
- 28:37Speaker 2: don't know. Because let's take ESPN for example. Don Van
- 28:41Speaker 2: Nada is, uh, you know, a fantastic writer, and he's
- 28:46Speaker 2: one that every every ESPN or every ESPN president always
- 28:50Speaker 2: points to to say, let about, well, they just hired
- 28:55Speaker 2: a bunch of people, you know Ben Strauss and and uh,
- 28:58Speaker 2: you know Seth Wickersham, and they write they write stories
- 29:01Speaker 2: that the leagues don't like necessarily and so that they
- 29:08Speaker 2: don't have a ton but they do have them, and
- 29:10Speaker 2: they do do it. And what I've been looking at
- 29:13Speaker 2: is where do they put it, and I think they
- 29:15Speaker 2: treat Don pretty well. They put him on.
- 29:17Speaker 1: I think Don's treated well, and I would make almost
- 29:19Speaker 1: him an exception. But the fact is ESPN feels like
- 29:24Speaker 1: they're not going to do what expos that the athletic
- 29:26Speaker 1: might do. No, they're not going to do as many. Okay,
- 29:30Speaker 1: they may do one, right and they may do They're
- 29:33Speaker 1: not going to tell They're not going to risk Don
- 29:36Speaker 1: Vanatta going public and saying they wouldn't let me do
- 29:39Speaker 1: a story. So it's sort of like he I think
- 29:41Speaker 1: he has the reputation.
- 29:43Speaker 2: Yeah, you know, that's sort of like the old Dick
- 29:45Speaker 2: Eversol trick at NBC where it was like, Okay, look,
- 29:48Speaker 2: we're going to talk about how bad Russia is before
- 29:50Speaker 2: the Olympics, but we're going to have Bob Kosis do
- 29:52Speaker 2: it between six thirty and seven on the first day,
- 29:55Speaker 2: so then we can point and say like.
- 29:57Speaker 1: Look, look get it, and look you know I know
- 30:02Speaker 1: that trick myself, right, and I got I've I had
- 30:05Speaker 1: some back and forth with sports when I was at
- 30:07Speaker 1: Meet the Press when we would have a big event,
- 30:09Speaker 1: super Bowl of the Olympics, and the sports guys would
- 30:12Speaker 1: push back on coverage and go why why you know,
- 30:15Speaker 1: I'll never forget one one conversation I had with an
- 30:18Speaker 1: NBC sports executive who said, why do you guys only
- 30:20Speaker 1: care about gay rights the two weeks that I'm here
- 30:22Speaker 1: in soaching, and I You're like, you know, I have
- 30:31Speaker 1: to put on this event. You know, I've got a
- 30:32Speaker 1: business today. And here's the thing. I respect that. Okay,
- 30:36Speaker 1: I get it. You've got a deal and you're dealing
- 30:39Speaker 1: with this host country, and you know, yeah, it's you
- 30:43Speaker 1: have a ninety five percent chance of not being thrown
- 30:45Speaker 1: at a Google log, but you know there's like a
- 30:47Speaker 1: five percent chance you could right, it is bouten right.
- 30:49Speaker 1: This isn't a legitimate figure you're dealing with. So I
- 30:53Speaker 1: understand the intellectual pushback that way a little bit. But
- 30:57Speaker 1: when I said to him, it's like, you know, it's
- 30:59Speaker 1: sort of like, what why do you rob banks? That's
- 31:01Speaker 1: where the money is. Why are we talking about I mean,
- 31:03Speaker 1: it's because it's where the world is focused, and something
- 31:06Speaker 1: like gay rights is something that you yeah, they want
- 31:09Speaker 1: to be an international a host, Well, people need to
- 31:14Speaker 1: know they're not very welcoming right uncertainty to certain people.
- 31:18Speaker 1: So but you know, it does this stuff does create
- 31:23Speaker 1: tension that these days, because the news divisions bring in
- 31:26Speaker 1: no money, news divisions lose these arguments left and right.
- 31:30Speaker 2: H Yeah. I do think that ESPN really, under Steve
- 31:36Speaker 2: Bornstein and George Bodenheimer, if you want to go way back,
- 31:39Speaker 2: you know, really started to focus on on on building
- 31:42Speaker 2: up ESPN News, and of course under John Skipper, he
- 31:46Speaker 2: made it a point to do.
- 31:48Speaker 1: It for the Metal Arc help founded in part by Skipper.
- 31:53Speaker 2: Exactly, if you if you talk to Jimmy Pittaro, who
- 31:56Speaker 2: is the current head of ESPN, he doesn't want to
- 32:00Speaker 2: be the person that that kills journalism at ESPN, and
- 32:04Speaker 2: so she does.
- 32:04Speaker 1: Nobody wants to be that executive John.
- 32:06Speaker 2: And so so that that also kind of plays into
- 32:09Speaker 2: it too. I do wonder. I don't. I don't. I've
- 32:11Speaker 2: never worked for ESPN. I've ever written written for ESPN.
- 32:15Speaker 2: I would imagine though, as a reporter, you kind of
- 32:18Speaker 2: know the where the third rail is and you kind
- 32:20Speaker 2: of you know, you can walk up to it, but
- 32:24Speaker 2: you you know, and how much does it does that
- 32:26Speaker 2: mute you sort of at the reporter level or at
- 32:29Speaker 2: the managing editor level, or you know that you know
- 32:32Speaker 2: several rungs below.
- 32:34Speaker 1: You know, the worst censorship is usually it's funny you
- 32:36Speaker 1: bring it up that way. I always said that the
- 32:38Speaker 1: worst censorship sometimes self censorship.
- 32:40Speaker 2: You know.
- 32:41Speaker 1: My my advice to people that are work and are
- 32:43Speaker 1: worried about it is push until they say no, push
- 32:47Speaker 1: until they push back. Don't assume it to know, right,
- 32:51Speaker 1: because then you're self censoring. Right then you're you're, you're,
- 32:53Speaker 1: you're almost you're you're you're dooming yourself before you get there.
- 32:58Speaker 2: But you know, you also brought up pabulatory. I had
- 33:00Speaker 2: Pablo on my pod a while back, and one of
- 33:04Speaker 2: the things I was like, you know, I think that
- 33:06Speaker 2: there are people at the New York Times and established
- 33:10Speaker 2: media places that were like that story that he did
- 33:13Speaker 2: on the Clippers, which is look as a story of
- 33:16Speaker 2: a journalist dreams. It's creating change, it's creating you know,
- 33:20Speaker 2: and and and he was out in front of it.
- 33:22Speaker 2: Even Pablo would say, like he didn't have it sort
- 33:24Speaker 2: of nailed down enough to be published by the Gray.
- 33:28Speaker 1: Lady, you wouldn't have been able to go in right away. Yes,
- 33:30Speaker 1: now it's look, I think that I do think that
- 33:36Speaker 1: journalism is certainly we're all everything is evolving open source
- 33:41Speaker 1: reporting reporting A should go broadcasting it, you know, imagine
- 33:47Speaker 1: writing a book and have it and publishing it a
- 33:50Speaker 1: chapter at a time, right, Neil Charles Dickens days like
- 33:53Speaker 1: in someone you know And in some ways that that
- 33:55Speaker 1: may be sort of how I think that's how they
- 33:59Speaker 1: approach it, you know, because there is some sense of
- 34:01Speaker 1: if you go out there, you'll get suddenly, it will
- 34:06Speaker 1: shake the tree a little bit, and then suddenly you'll
- 34:08Speaker 1: get a couple more sources. Right, I mean, what's the
- 34:11Speaker 1: That's one of the lessons we learned from all the
- 34:12Speaker 1: presidents met, Right, That's one of the lessons they tell
- 34:15Speaker 1: you in the movie. Essentially you got this wrong, but
- 34:17Speaker 1: it smoked out another source that actually gave you more
- 34:21Speaker 1: than you ever thought you had. Yeah, and so there's
- 34:24Speaker 1: nothing you know to me when you're trying to find
- 34:26Speaker 1: the truth, you know, whether you're an investigator or whether
- 34:30Speaker 1: you're a reporter, some of the tactics are very similar that. Yeah,
- 34:33Speaker 1: sometimes smoke stuff.
- 34:36Speaker 2: Invite people to complain about my story because it leads
- 34:38Speaker 2: to another story, like.
- 34:40Speaker 1: Exactly, yeah, please, corrections and complaints have always been the
- 34:44Speaker 1: best source building I've.
- 34:45Speaker 2: Ever had, no doubt.
- 34:50Speaker 1: Let's I want to pivot here a little bit too,
- 34:56Speaker 1: sports culture politics, right, that sort of nexus. And I
- 35:02Speaker 1: had a conversation with my friend who does in the
- 35:05Speaker 1: sports world, Jason Page, and he's been you know, and
- 35:09Speaker 1: I've always said, people's people don't like sports figures talking
- 35:14Speaker 1: about politics they don't agree with. People love sports figures
- 35:18Speaker 1: that talk about the politics that they agree with. They think,
- 35:20Speaker 1: oh wow, what a smart and intellectually, you know, open
- 35:24Speaker 1: minded person when they agree with you, right, Like, that's
- 35:27Speaker 1: sort of I think how we generally are on this topic.
- 35:34Speaker 1: But do you sense our leagues more nervous about this,
- 35:38Speaker 1: less nervous about this? Are players more mindful of this?
- 35:42Speaker 1: Less mindful? Is there enough happened so far that we
- 35:46Speaker 1: see any sort of new ways this sort of half
- 35:50Speaker 1: generation of players are handling?
- 35:52Speaker 2: You know, I wish I could identify a trend. The
- 35:57Speaker 2: only trend that I can identify is, you know, from
- 36:01Speaker 2: when you started sports Missus Daily, Like the end of
- 36:03Speaker 2: the did Jordan even say that Republicans by secrets?
- 36:07Speaker 1: She's never been able to confirm the quote itself, the
- 36:10Speaker 1: actual quote, I think a paraphrase. But he didn't endorse
- 36:15Speaker 1: in that Senate race between Harvey Gant, African American at
- 36:19Speaker 1: the time mayor of Charlotte, and Jesse Holse, who was
- 36:23Speaker 1: iconic in his polarizing on the issue of race as
- 36:27Speaker 1: far as some people were concerned, So it was a
- 36:29Speaker 1: big deal and they wanted. Nineteen ninety was basically Jordan
- 36:34Speaker 1: at the peak of his powers. Jordan does endorse Bill
- 36:37Speaker 1: Bradley in two thousand, by the way, and he's you
- 36:40Speaker 1: know when he was for that brief second retirement before
- 36:43Speaker 1: before he donned the Wizard's colors. One of my favorite
- 36:47Speaker 1: little side projects, John, is I collect Michael Jordan card's
- 36:51Speaker 1: basketball cards in Wizards uniforms. Oh, that's great. They're cheaper
- 36:55Speaker 1: to acquire.
- 36:56Speaker 2: Can I tell you? Can I tell you? I don't
- 36:58Speaker 2: want to get you off topic. But that was a
- 37:00Speaker 2: great couple of years, wasn't it. Those place was filled. Yeah,
- 37:04Speaker 2: we didn't really win a ton, but it was just fun. Yeah.
- 37:07Speaker 1: No, right, You're like, I'm sorry, It's like, you know
- 37:11Speaker 1: what I enjoyed. I enjoyed the Eagles about six months ago.
- 37:14Speaker 1: Are they passed their prime?
- 37:15Speaker 2: Yes?
- 37:16Speaker 1: But I still enjoyed it, just like Michael Jordan was
- 37:19Speaker 1: he passed his pride. Yes, was it kind of chunky
- 37:21Speaker 1: Michael Jordan.
- 37:22Speaker 2: Guess what, he's the Don Hensel. I like that. Yeah,
- 37:26Speaker 2: I enjoyed.
- 37:27Speaker 1: A little chunky Michael Jordan because it was still more
- 37:29Speaker 1: Michael Jordan than we ever got. But no Jordan. You know, look,
- 37:35Speaker 1: and I've always thought the eight I've always thought that
- 37:37Speaker 1: was generational. I've got a theory on that, right, is
- 37:40Speaker 1: that Jordan Magic. They were this sort of they were
- 37:44Speaker 1: the first star players post Civil Rights movement, okay, And
- 37:50Speaker 1: there was a total business retreat by that class of
- 37:53Speaker 1: African American athlete. Eighties nineties African American athlete was all
- 37:58Speaker 1: about when they were it was almost collectively, we're here
- 38:04Speaker 1: to make business deals. Magic, mister businessman. Right Shack was
- 38:07Speaker 1: a business guy, Michael. We went at that generation, the
- 38:12Speaker 1: generation just after the Civil rights right. You Jim Brown,
- 38:14Speaker 1: Muhammad Ali Kareem, you know, those were super activists and
- 38:21Speaker 1: to me, Jordan was sort of part of that generation.
- 38:23Speaker 1: It was like, you know what, no, no, no, We're I'm
- 38:25Speaker 1: not doing politics for now. I've got a business that
- 38:27Speaker 1: I put together and thought that get separated. And now
- 38:30Speaker 1: I would argue we're now in a generation of athletes
- 38:33Speaker 1: that are sort of looked more like the athletes of
- 38:36Speaker 1: the sixties and seventies than the athletes of the eighties
- 38:38Speaker 1: and nineties.
- 38:39Speaker 2: Yeah, that are more prone to and you also have
- 38:44Speaker 2: it's so tough for me to talk about this during
- 38:47Speaker 2: the Trump here because Trump is so polarizing and he's.
- 38:51Speaker 1: Inserted, he inserts himself into so many of our sports
- 38:55Speaker 1: and cultural events that even if you don't want to
- 38:58Speaker 1: mix politics, done for you whether you want it or not.
- 39:02Speaker 2: And so that that UFC a fight fight that was
- 39:04Speaker 2: on the White House lawn got bonkers numbers, chuck like,
- 39:10Speaker 2: it did really really well the US. It was the
- 39:14Speaker 2: USA match against Belgium. After he got involved with it
- 39:18Speaker 2: with the red card. You set a record for viewership.
- 39:22Speaker 2: It was going to be big anyway because it was
- 39:24Speaker 2: a World Cup in the last sixteen. But he didn't
- 39:28Speaker 2: depress people from watching it. People, I mean, in fact,
- 39:31Speaker 2: you could argue possibly more people and ended up watching
- 39:34Speaker 2: it as well. So you are seeing like we're just
- 39:37Speaker 2: in a point where like he's inserting himself into into
- 39:40Speaker 2: more this this Uh in d C, they're going to
- 39:43Speaker 2: have the IndyCar race going around the Capitol up and down,
- 39:47Speaker 2: you know, Independence Avenue, I bet you that gets like
- 39:52Speaker 2: such records for IndyCar in terms of in terms of
- 39:55Speaker 2: a TV audience. So you know there there is a
- 39:58Speaker 2: certain megaphone that it's coming from it on the other
- 40:01Speaker 2: side as well.
- 40:04Speaker 1: This episode of the Chuck Podcast is brought to you
- 40:06Speaker 1: by Ethos and what Ethos does is it helps you
- 40:08Speaker 1: find life insurance. Let me tell you why life insurance
- 40:11Speaker 1: bailed me out. My father died when I was sixteen.
- 40:13Speaker 1: We didn't have a lot of money when it happened,
- 40:15Speaker 1: and we were in a pretty tough financial spot after
- 40:18Speaker 1: it happened. I'm an only child. Suddenly my mother's single,
- 40:22Speaker 1: single mother. She had a job, suddenly lost a job,
- 40:25Speaker 1: looking for another job, and we were struggling. You know,
- 40:27Speaker 1: my dad didn't leave us in the best financial situation,
- 40:31Speaker 1: but he did make one purchase. He bought a life
- 40:33Speaker 1: insurance policy. Wasn't a huge chunk of change, but it
- 40:36Speaker 1: was enough when we found it. And when I say
- 40:39Speaker 1: we found it, meaning we went through his desk and
- 40:40Speaker 1: we found, oh, look at this, let's see if there's
- 40:42Speaker 1: anything here. And it helped us out at a time
- 40:45Speaker 1: that we really needed it. And that's why I think
- 40:47Speaker 1: it's important that if you can, especially if you have
- 40:51Speaker 1: young children. If you can get life insurance, you should
- 40:54Speaker 1: get it. Life is full of unexpected emergencies, unexpected things happen.
- 40:59Speaker 1: It is an extra bit of security, something you can
- 41:02Speaker 1: leave and help out at a time when you're not
- 41:05Speaker 1: you're not there to help.
- 41:06Speaker 2: So what does Ethos do well.
- 41:08Speaker 1: Ethos makes getting life insurance fast and easy, and it's
- 41:11Speaker 1: one hundred percent online. You can get a quote in seconds,
- 41:13Speaker 1: you can apply in minutes, and you can get same
- 41:15Speaker 1: day coverage. They will find you the right fit. There's
- 41:18Speaker 1: no medical exam. You just answer a few simple health
- 41:20Speaker 1: questions online. You can get up to three million dollars
- 41:23Speaker 1: in coverage and some policies are as low as thirty
- 41:25Speaker 1: dollars a month, and you'll get your lowest rate from
- 41:28Speaker 1: their network of trusted carriers. So take ten minutes to
- 41:31Speaker 1: get covered today with life insurance through Ethos. Get your
- 41:35Speaker 1: free quote at ethos dot com slash chuck. That is
- 41:38Speaker 1: e t hos dot com slash chuck. Application times may
- 41:44Speaker 1: vary and rates may vary. Hey, polarization's been good for
- 41:53Speaker 1: the attention of common that doesn't mean it's been good
- 41:56Speaker 1: for society. Right The attention economy.
- 42:01Speaker 2: I mean, I just want to say I was strictly
- 42:04Speaker 2: talking about television rating. No, you're not wrong.
- 42:07Speaker 1: I mean, look, I have this whole thesis that basically,
- 42:10Speaker 1: you know, this is what we the incorrect lesson. We
- 42:13Speaker 1: all learned from ojon the Ojson coverage of O. J.
- 42:15Speaker 1: Simpson when the decision. It was the first time a
- 42:18Speaker 1: major news story was covered because that's what the public
- 42:22Speaker 1: wanted rather than that's what the journalists wanted. And we've
- 42:26Speaker 1: never stopped. We really never stopped since then. And you
- 42:29Speaker 1: could argue the attention economy of today. The building blocks
- 42:33Speaker 1: were built by OJ and Robert Kardashian, right, you know.
- 42:39Speaker 2: And Mamie's newsroom. We all crowded into the one room
- 42:43Speaker 2: that had a television set and watched it is it is.
- 42:50Speaker 1: It is funny to see where we were and to
- 42:52Speaker 1: see where we are.
- 42:54Speaker 2: On that thing.
- 42:56Speaker 1: Well, I say this because and I'm doing. I have
- 42:59Speaker 1: a fun little list that I did last episode about
- 43:05Speaker 1: five active players who I think would be pretty good politicians,
- 43:10Speaker 1: and my number one is Kaitlyn Clark. And my rationale
- 43:15Speaker 1: for her is I think it's remarkable how much she
- 43:19Speaker 1: has kept her cool, how much She is not for
- 43:26Speaker 1: somebody that is pulled into all sorts of culture war debates.
- 43:31Speaker 1: And she does not budge right, she doesn't ever give
- 43:38Speaker 1: it oxygen, and yet it's still there anyway. I think
- 43:43Speaker 1: what's happening to her is it's just it's very difficult.
- 43:46Speaker 1: She's going through something. And I look, yes, she's got
- 43:48Speaker 1: millions of dollars, so I'm not going to say to
- 43:50Speaker 1: her and say woe is Caitlin Clark. But there's something
- 43:54Speaker 1: that you know, there's a joylessness to this that's really
- 43:57Speaker 1: it's really sad to watch, but I am impressed with
- 44:01Speaker 1: how she seems.
- 44:02Speaker 2: Me let me ask you a quick question about it.
- 44:04Speaker 2: But I'm curious what you how you're covering this? How
- 44:08Speaker 2: would you how would you how do you remember you
- 44:12Speaker 2: know a comparable like sort of a white athlete going
- 44:16Speaker 2: into into a blacksport like Larry Bird coming in, you know,
- 44:19Speaker 2: and there was a focus on him, and that was
- 44:22Speaker 2: when the end it was. It was very physical.
- 44:26Speaker 1: There was and I think there's look, I kind of
- 44:29Speaker 1: I enjoy w n b A right now more than
- 44:31Speaker 1: the regular NBA because it's a little bit more physical,
- 44:33Speaker 1: because it's a more they play at the rim a
- 44:37Speaker 1: little bit more right. It's a it's a it's the
- 44:40Speaker 1: game that you and I, You and I grew up
- 44:41Speaker 1: with in the eighties and nineties more than the than
- 44:44Speaker 1: the NBA game. So I I like, I enjoy that
- 44:48Speaker 1: style because it's the style that my formative years. So
- 44:53Speaker 1: I think there's certainly something to that, but I think
- 44:55Speaker 1: it's more of the you know, trying to be used
- 44:57Speaker 1: as a symbol. And I agree with you. Larry Bird wouldn't.
- 45:00Speaker 1: He was very He just never gave anybody if people
- 45:03Speaker 1: wanted to create a race fight between him and Magic
- 45:06Speaker 1: and its just the two of them weren't going to
- 45:07Speaker 1: let it happen. They just never were going to let
- 45:09Speaker 1: it happen. And obviously no social media. Who knows right?
- 45:15Speaker 1: You know, Bird was known to have a short fuse himself,
- 45:18Speaker 1: so who knows right? In the era of social media
- 45:21Speaker 1: fan empowerment. You know, we've talked about the player empowerment area.
- 45:25Speaker 1: I'd argue we have a fan empowerment era when it
- 45:27Speaker 1: comes to thinking what you can tell an athlete or
- 45:29Speaker 1: they say or do. But it's an interesting it's a
- 45:34Speaker 1: fair it's a fair argument.
- 45:36Speaker 2: I will say this. I was just on a panel
- 45:38Speaker 2: with Christine Brennan, who wrote a book about Kaylen Clark.
- 45:40Speaker 2: And sure enough, Kaylen did not work with Christine book.
- 45:48Speaker 1: She is not proactively to me, at least, it doesn't
- 45:52Speaker 1: appear maybe you know, different, to worry about shaping this
- 45:56Speaker 1: or shaping that or all of that. Like she just
- 45:58Speaker 1: seems to try to be like, I just want to
- 46:00Speaker 1: play basketball.
- 46:01Speaker 2: I enjoyed. Yeah, And I'm probably channeling Christine here, but
- 46:05Speaker 2: her popular, she is so popular, and she was popular
- 46:08Speaker 2: and when she was in imagine this, when she was
- 46:11Speaker 2: in college. The final of the women's Final four got
- 46:16Speaker 2: more viewers than the final of the men's Final four,
- 46:18Speaker 2: which had never happened before and hasn't happened since and
- 46:22Speaker 2: probably won't happen for another decade at least if then.
- 46:26Speaker 2: And there's a so the story that I'm that I'm
- 46:29Speaker 2: watching cover the business and the celebrity of it a
- 46:32Speaker 2: little bit, But it doesn't seem like the NBA, the
- 46:35Speaker 2: w n b A is doing enough to sort of
- 46:39Speaker 2: to help the just to not to help Caitlin Clark
- 46:43Speaker 2: out or call the fouls. Just there's undeniable popularity there,
- 46:49Speaker 2: like use it like it's only going to be here
- 46:51Speaker 2: for a little bit, right, did you read that?
- 46:54Speaker 1: I'm like, I can't believe the story I read a
- 46:57Speaker 1: couple of weeks ago. I think it was you know,
- 47:00Speaker 1: I'm here given ESPN grief, and I think it was
- 47:02Speaker 1: a good ESPN story. It was a business story about
- 47:05Speaker 1: the launch of Nike, Nike finally launching a Caitlin Clark ship,
- 47:10Speaker 1: and I'm letting her going, wait what we're and they
- 47:13Speaker 1: haven't done that in alo.
- 47:14Speaker 2: They're getting nil in college right now, so I mean,
- 47:17Speaker 2: what is Nike?
- 47:18Speaker 1: And then I was, you know, it was funny. It
- 47:20Speaker 1: was to me a reminder of how company's atrophy. And
- 47:23Speaker 1: here's Nike, who used to be this incredibly nimble company,
- 47:26Speaker 1: you know, would be would take a few risks every
- 47:29Speaker 1: now and then, you know, with their athletes and would
- 47:31Speaker 1: always lean in very player focus, very athlete focused. And
- 47:36Speaker 1: everything I learned from that piece seemed to be that
- 47:38Speaker 1: there was a lot of bureaucracy behind the scenes that
- 47:41Speaker 1: kept preventing them from getting their clerk shoe out. And
- 47:44Speaker 1: You're like, you literally had the greatest moment this generation
- 47:49Speaker 1: for women's basketball, and you have you'd literally let let
- 47:54Speaker 1: the moment pass. You missed you know your opportunity to
- 48:01Speaker 1: make it. These probably the most popular shoe as a
- 48:05Speaker 1: as a holiday gift they you know, had they launched
- 48:07Speaker 1: it the year you know she she turns pro just
- 48:10Speaker 1: as it's it's been strange to watch Nike handle her
- 48:14Speaker 1: and strange to watch the w n B a normally
- 48:16Speaker 1: and who it's still run by the NBA, right and their.
- 48:21Speaker 2: Market and you go back to you were talking about
- 48:24Speaker 2: Jordan at the height of his powers or like Magic
- 48:26Speaker 2: and Bird, the NBA, David Stern, they pushed that out there.
- 48:31Speaker 2: That was that wasn't just part part of the network marketing.
- 48:34Speaker 2: That was part of the league marketing to get that
- 48:37Speaker 2: out there. But but the the w NBA just does
- 48:41Speaker 2: they seem to be shorthanding that a lot. And I
- 48:44Speaker 2: get it.
- 48:44Speaker 1: Look, they're afraid of creating race debates, creating debates about
- 48:50Speaker 1: sexuality and all this, and to me, they're coming up
- 48:54Speaker 1: with a bunch of reasons not to do something. And
- 48:56Speaker 1: so what it looks like is just you see it
- 48:59Speaker 1: in a lot of organizations when you've allowed fear of
- 49:03Speaker 1: what could be a reaction paralyzing mm hmm. And we
- 49:08Speaker 1: don't even know that the public will react. The way
- 49:10Speaker 1: they think, and yet they're behaving as if they're just fearful.
- 49:15Speaker 2: Yeah, And in Kathy Engelbert's defense, I suspect the public
- 49:18Speaker 2: will react that she expects, you know, there's going to
- 49:21Speaker 2: be a segment that this is the segment.
- 49:23Speaker 1: Is she the right person in this moment?
- 49:26Speaker 2: I'm a I'm a Kathy fan. I think I think
- 49:29Speaker 2: she's done. And she comes in from the business side
- 49:31Speaker 2: of things, and I the w n B A as
- 49:34Speaker 2: UH has grown a ton. She obviously does have some
- 49:39Speaker 2: problems with relationships with the players and and with the
- 49:43Speaker 2: you know, I'm.
- 49:43Speaker 1: Gonna an idea here, Johnny, and you can say typical
- 49:46Speaker 1: like I'm just you know, literally Peanut Gallery. How about
- 49:53Speaker 1: Cheryl Miller's deputy commission I think that if you.
- 49:56Speaker 2: Got somebody else in there, like that.
- 49:58Speaker 1: Big name like that at who's a foundational you know,
- 50:03Speaker 1: thought of as almost like a foundational Mount Rushmore women's player,
- 50:07Speaker 1: huge respect across racial lines, across generational lines. Just seems
- 50:14Speaker 1: to me they need somebody that that can.
- 50:18Speaker 2: Because the player's view of Kathy Engelbert is not going
- 50:21Speaker 2: to change at all. But the idea that people boot
- 50:24Speaker 2: Kathy and people boot David Sterne, they boot Adam Silver.
- 50:27Speaker 1: They each one of those commissioners found somebody to become
- 50:31Speaker 1: the liaison to the play exactly. Yes, okay, and that's
- 50:35Speaker 1: what I'm wondering here.
- 50:36Speaker 2: I mean, like I said, and I think everything we're
- 50:38Speaker 2: talking about is a w n B A needing to
- 50:40Speaker 2: become like a you know, a big girl league, you know,
- 50:43Speaker 2: and it's not sort of like still drafting in the
- 50:46Speaker 2: wake of the of the NBA in a lot of ways.
- 50:49Speaker 1: All Right, last topic, I want to hit with you
- 50:52Speaker 1: before before we land this plane. So the perception among
- 50:56Speaker 1: college football fanatics like myself are that and ESPN have
- 51:01Speaker 1: as much influence on the Big Ten and the SEC
- 51:04Speaker 1: and their decision making process. Uh as anyone. How exaggerated
- 51:10Speaker 1: of a claim is that. How fair of a claim
- 51:12Speaker 1: is at I don't.
- 51:14Speaker 2: Think it's a fair claim. However, However, Eric Shanks and
- 51:20Speaker 2: and Jimmy Pataro are two of the most powerful people
- 51:23Speaker 2: in college so so yeah, but I think so that's
- 51:31Speaker 2: I kind of agree and kind of kind kind of disagree.
- 51:33Speaker 2: But everything that's everything that's running through DC right now
- 51:38Speaker 2: with the with the college sports, I don't see the
- 51:41Speaker 2: fingerprints of the of the networks on that. I do
- 51:45Speaker 2: think they're lobbying the SEC and the and Tony Titi
- 51:48Speaker 2: and Greg Zankee to you know, to do whatever they
- 51:51Speaker 2: not to do.
- 51:52Speaker 1: Have you been I have zero confidence this bill is
- 51:55Speaker 1: going to pass.
- 51:56Speaker 2: Oh, people that I know and see that that do
- 52:01Speaker 2: this for a living, give it a single digit percent
- 52:04Speaker 2: of passing. I mean before before mid term elections. This
- 52:07Speaker 2: is your world more than mine, but before midterm elections, like,
- 52:10Speaker 2: nobody's going to do anything that can help the Trump administration.
- 52:15Speaker 1: Right, And you're also not gonna in some ways, the
- 52:18Speaker 1: closer we get to the start of college football season,
- 52:21Speaker 1: the harder it is to get I was.
- 52:23Speaker 2: Told maybe the lame Duck, but again the lane. I
- 52:26Speaker 2: know more about this in a place where you would
- 52:28Speaker 2: do this.
- 52:28Speaker 1: If you're gonna mess with the Sports Broadcasting Act all
- 52:31Speaker 1: of that, that is a clash, a classic shove it
- 52:33Speaker 1: into December. But I just don't buy that anything can
- 52:42Speaker 1: be that Congress will will be able to have anything
- 52:44Speaker 1: to pass muster in the courts without collective bargaining. And
- 52:47Speaker 1: it feels inevitable. We got to have collective bargaining. The
- 52:50Speaker 1: question I have is is it by conference or is
- 52:54Speaker 1: it by division. Is it simply by the are you
- 53:00Speaker 1: or just any NCAA athlete can be Like that's the
- 53:04Speaker 1: question I have on collective bargaining is where do you
- 53:08Speaker 1: organize it? Is it organized on the division level? Is
- 53:10Speaker 1: it organized on the conference? When I'm even Division FBS, right,
- 53:14Speaker 1: the Football Subdivision, the Division one side whatever? And but
- 53:21Speaker 1: I do know that you know Labor, those those that
- 53:24Speaker 1: are friendly with Labor, John, are the senators the most
- 53:29Speaker 1: adamant against this deal?
- 53:30Speaker 2: Yeah? Yeah, And a lot of a lot of the
- 53:33Speaker 2: schools in the Big ten in the SEC or against it.
- 53:36Speaker 2: So I can't imagine the senators in those states will
- 53:40Speaker 2: be supporting it as well. But in terms of like
- 53:46Speaker 2: how to do it, like the key is unfortunately for
- 53:50Speaker 2: your acc like the Big ten in the SEC, like
- 53:53Speaker 2: like if if something comes that they don't like, like
- 53:55Speaker 2: I could see either of them just or both of
- 53:58Speaker 2: them together just you know, we'll the super league that
- 54:01Speaker 2: everybody's been talking about and and and come come away
- 54:04Speaker 2: from the n C Double A or the FBS or
- 54:06Speaker 2: or well everyone to call it.
- 54:08Speaker 1: I mean, what's really frustrated me here is that it
- 54:10Speaker 1: is to me in ESPN and Fox's best interest not
- 54:13Speaker 1: to allow the media rights to be collectively bargained, because
- 54:18Speaker 1: if they're ever collectively bargained, they will get more money.
- 54:21Speaker 1: Look at the NFL, we are.
- 54:22Speaker 2: I'm going to push back on this though, because, like
- 54:24Speaker 2: I'll look at the NFL, we would like our first.
- 54:26Speaker 2: The first thing we talked about is how all these
- 54:28Speaker 2: companies are now going to be cutting costs and cutting costs.
- 54:32Speaker 1: And football is one of those. Look, I think that
- 54:37Speaker 1: Colorado's I look at it this way, the Colorado States
- 54:41Speaker 1: the world, the Iowa States of the world. Pretty much
- 54:44Speaker 1: any any school with state in their names seems to
- 54:47Speaker 1: be screwed these days, right, you know, whether you were
- 54:52Speaker 1: like in the Big Twelve Pact whatever whatever we're calling
- 54:55Speaker 1: the pack, the back twelve is a is all the
- 54:58Speaker 1: states I think state at the end of the year
- 55:01Speaker 1: name to get in.
- 55:02Speaker 2: But stealing that line, I like that. It is.
- 55:07Speaker 1: The fact is if if you, you know, made the
- 55:10Speaker 1: price to get your Alabama Georgia game, meant you had
- 55:13Speaker 1: to like share some revenue with the with Washington State,
- 55:16Speaker 1: you know, because if you if you did this the
- 55:19Speaker 1: way if the NFL did it by division, nobody would
- 55:23Speaker 1: air Jacksonville Jaguar Dance, Right, and so I do believe
- 55:28Speaker 1: this system punishes hurts college football's ability to expand beyond
- 55:34Speaker 1: being super popular in two big regions of the country.
- 55:38Speaker 2: The uh I would argue, it's super popular across the country.
- 55:42Speaker 2: I mean, it's a number.
- 55:43Speaker 1: Still regardless, it's still popular, and they're and they're doing
- 55:47Speaker 1: their damn nest here to screw it up by trying
- 55:50Speaker 1: to put a velvet rope around the sport.
- 55:52Speaker 2: So that's going to help, That's going to help Washington State.
- 55:55Speaker 2: Why would it help Alabama or why would it help
- 55:58Speaker 2: because they're they're already like the Big Ten right now?
- 56:00Speaker 1: Because it's because guess what does it hurt the Dallas Cowboys?
- 56:05Speaker 1: Now Dallas Cowboys could make more money if they could
- 56:07Speaker 1: just sell their own media rights. Why do they even
- 56:09Speaker 1: bother being in with the NFL.
- 56:11Speaker 2: So if I'm if I'm say Ohio State, I'm already
- 56:15Speaker 2: subsidizing Rutgers in Maryland and Minnesota, and like like I
- 56:19Speaker 2: already have them within within you have to be.
- 56:21Speaker 1: Able to make a schedule, like you know, I mean,
- 56:26Speaker 1: it is like I at some point I don't want
- 56:28Speaker 1: to see Alabama and Georgia three times a year, and
- 56:33Speaker 1: and and that is a That is the direction I
- 56:37Speaker 1: think Sanke wants to go is that he thinks that, look,
- 56:41Speaker 1: let's go super League and we will have you know,
- 56:44Speaker 1: and look, I see Miami will be in the Super League.
- 56:48Speaker 1: So I'm not worried about Miami in this case because
- 56:52Speaker 1: the market matters too much. It has a good brand,
- 56:55Speaker 1: but it doesn't mean it's right, and it doesn't mean
- 56:58Speaker 1: that that's I mean the best part of college football
- 57:02Speaker 1: is that you can get one hundred thousand people in
- 57:04Speaker 1: the middle of nowhere in Center College, in State College,
- 57:08Speaker 1: in Center Pennsvane and.
- 57:10Speaker 2: I listen way too too much and way too frequently
- 57:13Speaker 2: to media executives, and they say, like, like, you know,
- 57:17Speaker 2: if you add in like what they pay for is Michigan,
- 57:20Speaker 2: Ohio State, if you want to add in Washington State
- 57:23Speaker 2: and everything else, I know't necessarily going up. They're just
- 57:25Speaker 2: gonna shoot there. They're gonna end up dividing what we
- 57:29Speaker 2: what we already pay because like we were cutting costs.
- 57:33Speaker 1: There just becomes a point though, then okay, you'll make
- 57:37Speaker 1: it where you don't even have enough teams to field,
- 57:41Speaker 1: you know, And that's I don't know if we're going
- 57:44Speaker 1: to love that competitive in balance.
- 57:48Speaker 2: Oh, I as a Maryland guy, I hate it. I
- 57:51Speaker 2: want to play West Virginia every year. I want to
- 57:53Speaker 2: play Virginia every year. I want to play Penn State
- 57:55Speaker 2: every I don't need to go play Washington up in
- 57:58Speaker 2: yeah and watch the team like travel like six hours
- 58:02Speaker 2: to go and you know, lose my thirty.
- 58:05Speaker 1: Well, let me ask you this. It's speaking of Maryland
- 58:07Speaker 1: and sort of the fact that there are two classes
- 58:10Speaker 1: in the Big Ten. Maybe there's three tiers in the
- 58:12Speaker 1: Big Ten. I don't know where your head is at
- 58:13Speaker 1: on this, but I do wonder, which is why Michigan
- 58:18Speaker 1: and USC vetoed that private equity deal. But you know,
- 58:24Speaker 1: I am waiting for Alabama to say why why does
- 58:27Speaker 1: Mississippi State get an equal share of the media revenue?
- 58:30Speaker 1: And I'm waiting for, you know, the same thing to
- 58:32Speaker 1: be said about Purdue in the Big Ten and frankly,
- 58:35Speaker 1: maybe even Maryland or Rutgers. What happens when that begins?
- 58:41Speaker 1: Is it going to be sort of this sort of
- 58:44Speaker 1: darwinistic you know, is that at the end of these.
- 58:47Speaker 2: Big you know, in baseball, we're talking about the salary cap,
- 58:51Speaker 2: and you can't do a salary cap without the salary floor. Yeah,
- 58:55Speaker 2: I don't know when this is going to happen, but
- 58:57Speaker 2: I've always suspected that in college conferences that you know,
- 59:03Speaker 2: if you're not spending enough, if you know, to field
- 59:08Speaker 2: a competitive football team. And this is all about football,
- 59:10Speaker 2: because the new Americans of course great at basketball, come on, chuck,
- 59:14Speaker 2: But if you're not spending enough to be a good
- 59:18Speaker 2: at football, teams are leaving conferences to go to other conferences.
- 59:22Speaker 2: Conferences want to have the authority to kick kick some
- 59:27Speaker 2: teams out if they're not coming. So is it is
- 59:29Speaker 2: it giving them less of the media revenue or is
- 59:32Speaker 2: it about kicking them out and adding in somebody else
- 59:34Speaker 2: that'll be that will spend money and be more competitive.
- 59:37Speaker 2: I don't know.
- 59:38Speaker 1: Here's how Sache and and and these guys could win
- 59:40Speaker 1: me over.
- 59:41Speaker 2: Go to relegation would be by the way, relegation I
- 59:45Speaker 2: lived in London for about four years. Relegation is so great.
- 59:49Speaker 2: It would be great in every sport. I want to
- 59:52Speaker 2: see relegation. I want to see it in baseball. I
- 59:55Speaker 2: want to see it totally fall as already full fledged socialism.
- 59:59Speaker 1: So there's really no like the NFL is weirdly immune
- 1:00:03Speaker 1: from this but because the way they're system. But for
- 1:00:06Speaker 1: those with looser per strings, relegation would be nice.
- 1:00:09Speaker 2: And like as two of the few Wizards fans in town,
- 1:00:12Speaker 2: like relegated, we we would be like in the C Division.
- 1:00:15Speaker 2: I think if there's relegation.
- 1:00:18Speaker 1: Let me let me get you out of here. On
- 1:00:19Speaker 1: that actually is it just merrod as the NBA does
- 1:00:24Speaker 1: not call. I've always thought Washington there are two basketball
- 1:00:28Speaker 1: two cities that should be the basketball capital outside of
- 1:00:33Speaker 1: New York and l Okay. New York and LA are
- 1:00:36Speaker 1: separate deals, and obviously Boston has this history. Atlanta and
- 1:00:41Speaker 1: DC are two NBA markets that we all this is,
- 1:00:45Speaker 1: you know they you know, two of the wealthiest majority
- 1:00:49Speaker 1: African American counties in the country are in both of
- 1:00:52Speaker 1: those markets. This and yet the two franchises that have
- 1:00:57Speaker 1: been struggling in markets where if they ever got going,
- 1:01:04Speaker 1: I think they would be juggernauts. It's sort of the
- 1:01:06Speaker 1: what people talk about with Arizona State and college football. Boy,
- 1:01:09Speaker 1: if they ever figure it out, watch out right, Like Phoenix,
- 1:01:12Speaker 1: that's a that's a hot bed. What's your sense is
- 1:01:17Speaker 1: the NBA do they should they be helping those two
- 1:01:20Speaker 1: franchises be better at those because they should be bigger
- 1:01:23Speaker 1: and better markets than they are.
- 1:01:25Speaker 2: All Right, you know what, I'm going to answer this
- 1:01:26Speaker 2: as a fan as opposed to like a sports business reporter.
- 1:01:30Speaker 2: But the team in the NBA with the worst record
- 1:01:34Speaker 2: since two thousand, it's not the Sacramento Kings. It's the
- 1:01:40Speaker 2: Washington Wizards.
- 1:01:41Speaker 1: It's lunched, by the way, is it like, do we
- 1:01:43Speaker 1: have like a ten game lead?
- 1:01:44Speaker 2: I mean, you know, I think Sacramento is second as
- 1:01:48Speaker 2: about four or five games. I think we're going to
- 1:01:51Speaker 2: dominate them this year. Yeah, but I'm all in. Look,
- 1:01:55Speaker 2: I grew up here. I still go to high school
- 1:01:58Speaker 2: games where you pay five dollars and you see, you know,
- 1:02:01Speaker 2: college level players. You one of the.
- 1:02:03Speaker 1: Best high school recruiting hotbeds. And the I mean the
- 1:02:07Speaker 1: mid Atlantic Catholic schools geeze, I mean you know, and
- 1:02:11Speaker 1: then I have.
- 1:02:11Speaker 2: A believable they haven't been great recently, but Maryland Georgetown
- 1:02:15Speaker 2: you have some like premier Division I college basketball programs,
- 1:02:19Speaker 2: and like I'm old enough to remember seventy eight and
- 1:02:22Speaker 2: that they had parades and you know people were going
- 1:02:25Speaker 2: to annic over them. The John Wall years, we didn't
- 1:02:28Speaker 2: quite get make the Conference finals.
- 1:02:30Speaker 1: That Game six, baby, But it was exciting. It was,
- 1:02:34Speaker 1: I said, until the Nats won the World Series the
- 1:02:36Speaker 1: next year. It was the most exciting sporting event I
- 1:02:38Speaker 1: had ever attended in Washington.
- 1:02:40Speaker 2: Yeah, isn't that sad? Victory? Like not even a semi final, I.
- 1:02:45Speaker 1: A quarter a conference final? I know, but it was.
- 1:02:48Speaker 2: It was because you hadn't had it since the old
- 1:02:50Speaker 2: NFL days. And John Wall jumping up on the scorers
- 1:02:53Speaker 2: tables for the game. Yeah, that was great.
- 1:02:56Speaker 1: We'll always have Game six. They'll talk about Cave seven
- 1:03:02Speaker 1: Kelly olinok.
- 1:03:03Speaker 2: Oh, yeah, didn't he like separate somebody's shoulder.
- 1:03:08Speaker 1: Yeah, it's like, of course, like the one time Boston
- 1:03:11Speaker 1: is vulnerable, but God blessed the Wizards. But I mean
- 1:03:14Speaker 1: it's it is one of those they feel like sleeping
- 1:03:17Speaker 1: giant markets to the NBA. And that's why I've always
- 1:03:19Speaker 1: been curious. Why, you know, if I were the NBA,
- 1:03:22Speaker 1: i'd really be goose in those markets.
- 1:03:24Speaker 2: Yeah, I don't know, sleeping giant like like Oklahoma City.
- 1:03:27Speaker 2: Who would have thought they were a sleeping giant market?
- 1:03:29Speaker 2: But you see that they sell out all the time
- 1:03:31Speaker 2: in Cleveland. I think if the NBA is uh is
- 1:03:36Speaker 2: big enough and powerful enough and has enough like star
- 1:03:38Speaker 2: power that and really any market, I think it'll be
- 1:03:42Speaker 2: a uh, you know, a hot market all.
- 1:03:44Speaker 1: Right, promote Where can people find your work?
- 1:03:46Speaker 2: Oh? Thank you? As you said at the beginning, I'm
- 1:03:49Speaker 2: the sports correspondent for Puck Puck Dot News, uh and
- 1:03:54Speaker 2: I am I gave up one newsletter comes out twice
- 1:03:59Speaker 2: a week, and then I do a podcast called The
- 1:04:01Speaker 2: Varsity that comes out twice twice a week as well
- 1:04:04Speaker 2: coming uh interview podcasts a lot like this on on
- 1:04:09Speaker 2: social and Oran O U R A and D Underscore
- 1:04:12Speaker 2: Puck and I'm trying to get a little bit more
- 1:04:15Speaker 2: active on X. I've gone away from it for a while,
- 1:04:18Speaker 2: but I think people are still I'm getting a lot
- 1:04:20Speaker 2: of engagement on there, and people are still on it.
- 1:04:22Speaker 1: Yeah, you know, the algorithm sucks, but you know there's
- 1:04:25Speaker 1: still good engagement. Especially Oh, I just do that.
- 1:04:27Speaker 2: I don't do for you. I just do people I follow.
- 1:04:29Speaker 1: Yeah, never do for you. Yeah for a mess anyway, John,
- 1:04:34Speaker 1: good to see you, my friend.
- 1:04:35Speaker 2: Hey, thank you so much for the invite.