Latest / Foul Territory / David Samson’s CBA battle review + Sacramento’s expansion team quest
Transcript
- 0:08Speaker 1: The sweet life. Let's talk to David Sampson, former Marlins
- 0:11Speaker 1: exech and great, great host of nothing personal with David Sampson,
- 0:16Speaker 1: and this is really his Christmas right now. We got
- 0:18Speaker 1: CBA talks and this week going over with the players
- 0:21Speaker 1: propose and the MLB side that's coming up. So yeah,
- 0:24Speaker 1: I listened this morning, David, as I often do. Great
- 0:26Speaker 1: to have you back on. Man, let's get into this, like,
- 0:28Speaker 1: let's roll up our sleeves. You know how we roll here,
- 0:31Speaker 1: no holds barred, say whatever the heck you want. Let's
- 0:33Speaker 1: start fun though, So your thoughts first here on the
- 0:35Speaker 1: player proposal and get into however you want to get
- 0:38Speaker 1: into it. But give me one thing you loved about
- 0:40Speaker 1: it and one thing you hated about it.
- 0:43Speaker 2: I love that they made it. I love that we're
- 0:45Speaker 2: starting the process because you can't have a deal without yesterday,
- 0:49Speaker 2: and you can't have a deal without today, And you
- 0:52Speaker 2: can't have a deal until we're hanging by our fingernails
- 0:55Speaker 2: at the last vestiges of a work stoppage that could
- 0:58Speaker 2: be resulting in missed games or god forbid more. You've
- 1:01Speaker 2: got to get to that point. You can't just imagine
- 1:03Speaker 2: you're at that point. So this is a step so
- 1:06Speaker 2: that I liked. What I didn't like is the fact
- 1:09Speaker 2: that it's posturing both the players union. You are going
- 1:12Speaker 2: to see today with the owners. They're going to make
- 1:14Speaker 2: a proposal to the players, and there's going to be
- 1:17Speaker 2: some sort of public release pr statement that is released.
- 1:21Speaker 2: Like Bruce Meyer did yesterday, MLB will do it today,
- 1:25Speaker 2: And it's all meant to try to convince us of
- 1:28Speaker 2: stuff that may or may not be true. But it's
- 1:31Speaker 2: again just part of the process. So what I hate
- 1:33Speaker 2: is the process, and what I love is the process.
- 1:37Speaker 3: Nice.
- 1:38Speaker 1: Okay, So now let's get into the big one and
- 1:40Speaker 1: then we'll work our way down to other details. So
- 1:43Speaker 1: we know the leagues are going to propose a cap.
- 1:45Speaker 1: That's a fact. At this point. We know that the
- 1:48Speaker 1: player side now proposed what is essentially a cap or
- 1:52Speaker 1: a sorry, a floor for owners which we have never seen.
- 1:56Speaker 1: And you could call the software right because it wasn't
- 1:58Speaker 1: a Hey you have to be here. There's penalty on
- 2:01Speaker 1: the bottom. And you can explain this better than I can.
- 2:03Speaker 1: So take me through the math there. As someone who
- 2:06Speaker 1: was running an organization that was a low rev smaller
- 2:09Speaker 1: market team, what this looks like from the owner side.
- 2:13Speaker 2: Yeah. So the players call it a competitive integrity tax,
- 2:16Speaker 2: and really there's been a rule in place long before today.
- 2:20Speaker 2: It's been in place for a couple decades, which is, hey,
- 2:23Speaker 2: you're going to get revenue sharing, Okay, use it to
- 2:26Speaker 2: quote improve your major league product. And we took that
- 2:30Speaker 2: as an open invitation to do anything we wanted with
- 2:32Speaker 2: our revenue sharing and to have any payroll we wanted,
- 2:35Speaker 2: because we could always just write a letter that said, hey,
- 2:39Speaker 2: this weight room helps our major league product, or this
- 2:43Speaker 2: improvement in development where we bought pitching machines that will
- 2:47Speaker 2: help our major league product. What the players are trying
- 2:50Speaker 2: to say is that what really helps the product is
- 2:53Speaker 2: only paying players at the major league side. And I
- 2:56Speaker 2: understand why that would be their position. It makes perfect sense.
- 3:00Speaker 2: And by having a tax on teams that can't get
- 3:03Speaker 2: to that number, you are putting them at a tremendous
- 3:06Speaker 2: disadvantage because the other part of their proposal really lessened
- 3:11Speaker 2: the amount of money coming to them in revenue sharing,
- 3:15Speaker 2: and the players were not very forthcoming about that, and
- 3:17Speaker 2: their salvo yesterday they said that there'll be more money
- 3:21Speaker 2: going to small market teams, but I did the math,
- 3:23Speaker 2: and because of where they're moving the CBT threshold to,
- 3:27Speaker 2: it's actually less money. But I totally understand why they
- 3:30Speaker 2: would say that and why they would want that.
- 3:34Speaker 4: Okay, I got a couple of questions. I got a
- 3:36Speaker 4: question for you on some of the stuff that you
- 3:40Speaker 4: you just said right about. You know, you got revenue sharing,
- 3:42Speaker 4: you used to own the Marlins, used to be in
- 3:44Speaker 4: the owners oone in the Marlins ownership, right, and so
- 3:48Speaker 4: the Marlins right with this new thing that you know,
- 3:50Speaker 4: Rob Manfred comes out and says this, there's this huge
- 3:52Speaker 4: discrepancy between the Marlins and last place and the Dodgers.
- 3:55Speaker 4: You can argue over the numbers, how they're going to
- 3:58Speaker 4: play the numbers, this and that. But here's the question,
- 4:01Speaker 4: and this is from Code to five Baseball Forbes report
- 4:05Speaker 4: of the Marlins. Three hundred and twenty in revenue, ninety
- 4:07Speaker 4: nine million in player expenses, fifty three in operating income.
- 4:11Speaker 4: So they made roughly one hundred and sixty million around there, Okay,
- 4:16Speaker 4: that they didn't do in anything, and a four hundred
- 4:19Speaker 4: million increase in team value. Where's the problem, Marlins. I
- 4:22Speaker 4: don't understand Marlin's are making Marlin's made five hundred million
- 4:26Speaker 4: last year. David fig I don't understand. This is not
- 4:29Speaker 4: a player versus owner fight. This is an owner verse
- 4:31Speaker 4: owner fight in a greed verse greed fight.
- 4:34Speaker 2: Yeah, I'll just tell you that those numbers. I'm not
- 4:37Speaker 2: running the team anymore, but it would be a dream.
- 4:40Speaker 2: But fifty three million in operating income, that's not cash
- 4:44Speaker 2: to me. That is profit from operation, but that may
- 4:48Speaker 2: not count any debt service they have or payments that
- 4:51Speaker 2: they have to make. So there is a technical accounting term,
- 4:54Speaker 2: which to me, I was always interested in how much
- 4:56Speaker 2: money is in the bank account on January one and
- 4:59Speaker 2: how much money is the bank account on December thirty one,
- 5:02Speaker 2: and that would give you the numbers for the year.
- 5:04Speaker 2: But in terms of if you put that quote back up,
- 5:06Speaker 2: it's missing a couple of things in the calculation. It
- 5:09Speaker 2: talks about what player expenses is if you can see
- 5:13Speaker 2: ninety nine million, But what you're saying you can't compare
- 5:16Speaker 2: ninety nine player expense to three hundred and twenty in
- 5:19Speaker 2: revenue because there's a ton of other expenses to run
- 5:22Speaker 2: a baseball team, and not just player development, which is
- 5:26Speaker 2: tens of millions of dollars. But it's even more than that.
- 5:29Speaker 2: But you've got all of your cost of people, you've
- 5:31Speaker 2: got your cost of operating in a stadium, So there's a
- 5:33Speaker 2: ton of costs in there. Interest income is something that
- 5:36Speaker 2: no one wants.
- 5:36Speaker 3: To talk about.
- 5:37Speaker 2: But you got to pay your mortgage. That's what interest
- 5:40Speaker 2: income is. And the other thing is on the worth
- 5:42Speaker 2: of the team. That is a false argument. If Bruce Sherman,
- 5:47Speaker 2: of the owner of the Marlins, could get one point
- 5:50Speaker 2: six million dollars for his team today, I believe that
- 5:54Speaker 2: deal would happen. The reality is that you don't know
- 5:57Speaker 2: what your team is worth except what someone will pay for.
- 6:00Speaker 2: And so I can tell you that the padreser worth
- 6:03Speaker 2: three point nine billion. I can also tell you that
- 6:06Speaker 2: that number does not impact what people are bidding for
- 6:08Speaker 2: the Nationals or the Angels, or the Twins or the Marlins,
- 6:12Speaker 2: because if it were, then the Nationals, Twins and Angels
- 6:16Speaker 2: would be sold already because those owners want to sell.
- 6:19Speaker 2: So there's not that correlation that you think.
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- 7:25Speaker 3: What's the one thing that would make everything very black
- 7:29Speaker 3: and white for this process to go smoothly? For Major
- 7:33Speaker 3: League Baseball because you're talking about operating expenses that cost
- 7:37Speaker 3: you know, the Marlins have a ninety nine million dollar
- 7:39Speaker 3: player expense. Well, that's not their payroll for the season
- 7:42Speaker 3: that has some cooked it. What is the one thing
- 7:45Speaker 3: that we could lay it out? Owners show their show this,
- 7:49Speaker 3: players show this, and this is how we move forward
- 7:51Speaker 3: so that major League Baseball is better after this CBA.
- 7:55Speaker 2: But you know this, the union has access to the financials.
- 7:59Speaker 2: The Union c the actual audited financials of the teams.
- 8:03Speaker 2: That's the ultimate irony of all this for me is
- 8:06Speaker 2: that everyone says everyone's line, except everyone has the audited
- 8:09Speaker 2: statements where you can't fool auditors. There's no accounting tricks.
- 8:14Speaker 2: It's all there's notes. There's tens of pages of notes
- 8:18Speaker 2: that accompany all audit reports. It's thick, and you sign
- 8:21Speaker 2: it as the team president and you have to read
- 8:24Speaker 2: every word and understand why the numbers are that the
- 8:27Speaker 2: numbers are. Transparency is not the issue, certainly as it
- 8:30Speaker 2: relates to fans. They don't have the transparency because who
- 8:33Speaker 2: wants to think about or look at these numbers. But
- 8:37Speaker 2: collective bargaining, the players and the owners are looking at
- 8:41Speaker 2: the same facts, but they just look at them through
- 8:44Speaker 2: different prisms. And you can see that with the commissioners
- 8:47Speaker 2: saying it's about competitive balance, the players saying, what are
- 8:50Speaker 2: you talking about? The Brewers are in first place. So
- 8:54Speaker 2: when two people look at the same situation and see
- 8:56Speaker 2: a different, different item or a different figure, it's hard
- 9:00Speaker 2: to negotiate.
- 9:02Speaker 4: Okay, a couple of things on this one. You say
- 9:06Speaker 4: they're looking at the same books. Okay, open them up
- 9:07Speaker 4: to the public, then let me see them. I'd love
- 9:09Speaker 4: to read them. I'd love to see them. Why won't
- 9:11Speaker 4: we do that.
- 9:12Speaker 2: Yeah, it's just a private business. I wouldn't do it.
- 9:15Speaker 2: I was asked to do it. Do you know what's
- 9:16Speaker 2: a funny story. I once opened the books to a
- 9:18Speaker 2: reporter for the Miami Herald the Miami because it was
- 9:21Speaker 2: so ridiculous what was being reported, and I wanted the
- 9:24Speaker 2: Herald to get it right. While we were trying to
- 9:26Speaker 2: get a stadium. I sat with him and he went
- 9:28Speaker 2: through our audited numbers. I literally opened the books. What
- 9:31Speaker 2: came out was an article that was completely incorrect and
- 9:34Speaker 2: that it didn't give the correct picture, and it was
- 9:37Speaker 2: just it made people's eyes glaze. I think you say
- 9:40Speaker 2: that and people say they want to see books, but
- 9:43Speaker 2: that's not really true. What they want is to root
- 9:45Speaker 2: for a team that can win. They want players who
- 9:47Speaker 2: they love cheering for. I just don't think the normal
- 9:50Speaker 2: fan is interested in ibadah, but maybe I'm wrong.
- 9:53Speaker 4: Okay, then let me ask you this comvetitive balance. Who's
- 9:56Speaker 4: in first place right now? Well, the A's fell out,
- 9:59Speaker 4: but the Rays, the Guardians, Right, they're low budget, small market,
- 10:04Speaker 4: but they're ahead of some of these big market teams.
- 10:07Speaker 4: What's the competitive balance? Argument's kind of gone out the
- 10:10Speaker 4: window other than the Dodgers, right.
- 10:13Speaker 2: No, I think you have to be smart. You are
- 10:15Speaker 2: smarter than that. First of all, you know that standings change,
- 10:17Speaker 2: but you also know that when you get into the playoffs,
- 10:19Speaker 2: you watch the Brewers play the Dodgers, and it was
- 10:22Speaker 2: just an absolute crushing because the Dodgers just had a
- 10:26Speaker 2: depth of pitching that the Brewers simply could not and
- 10:28Speaker 2: cannot match. So it's not about looking at one year's
- 10:32Speaker 2: worth of standings. Anything to have statistical relevance needs time,
- 10:36Speaker 2: It needs sample size. I'm not going to look at
- 10:39Speaker 2: sixty games and tell you that I conclude X or Y.
- 10:42Speaker 2: I don't think anyone should do that in any business.
- 10:45Speaker 2: You have to take a much longer term view and
- 10:48Speaker 2: then analyze and analysis says that the lower the payroll,
- 10:54Speaker 2: the less likely it is to make the playoffs, and
- 10:56Speaker 2: even if you're in the playoffs, the less likely it
- 10:59Speaker 2: is to advance. It's not that the owners are making
- 11:01Speaker 2: that up. It's actually the facts going back, you know,
- 11:04Speaker 2: twenty years.
- 11:06Speaker 3: How do those facts compared to these salary cap leagues then,
- 11:09Speaker 3: because there's absolute inept teams that are raking in money,
- 11:14Speaker 3: and there's teams that win that are raking in money
- 11:16Speaker 3: in other leagues. And if this is and if we're
- 11:20Speaker 3: talking about franchise, I'm not even sure what the word is.
- 11:24Speaker 3: How much you make year after year, multiply it by twelve.
- 11:27Speaker 3: That's what NFL teams are selling their teams at MLB
- 11:31Speaker 3: teams are selling their revenue. Multiply it by seven. And
- 11:34Speaker 3: so ultimately, how is it not going to be traded
- 11:38Speaker 3: as or sold to the fans as greed? Oh? Easy,
- 11:42Speaker 3: we just go around and say competitive, competitive, competitive, when
- 11:45Speaker 3: other leagues that don't have that, or that have salary
- 11:48Speaker 3: caps don't have that competitiveness.
- 11:50Speaker 2: Well, listen, you're never going to legislate a waste stupidity.
- 11:53Speaker 2: You know that there's front offices that, no matter what,
- 11:55Speaker 2: are just going to stink and the teams are going
- 11:57Speaker 2: to be bad. You're also going to have dine in
- 12:00Speaker 2: leagues with salary caps. We've seen it in football with
- 12:03Speaker 2: the Patriots. You saw it in basketball with the Warriors,
- 12:07Speaker 2: and there's dynasties in baseball without a salary cap, with
- 12:09Speaker 2: teams that aren't necessarily at the top of the payroll chain.
- 12:13Speaker 2: My only point in how to look at things in
- 12:15Speaker 2: a capped league is that I just want the difference
- 12:18Speaker 2: between the top team and the bottom team to be
- 12:20Speaker 2: smaller so that we can point out who's really stupid
- 12:23Speaker 2: and who's not. In the NFL, does anyone argue that
- 12:27Speaker 2: the Jets are just incompetent because they've got the same
- 12:31Speaker 2: ability to win as the Packers. It's not about New
- 12:34Speaker 2: York versus Green Bay, which in baseball would be a
- 12:36Speaker 2: big deal. That's number one, number two those other sports.
- 12:41Speaker 2: Every team has a chance to keep their players. Think
- 12:44Speaker 2: about Oklahoma City there about they could win a second
- 12:46Speaker 2: title in a row. They re sign their star players
- 12:49Speaker 2: when we want a title. We had to let Pudge
- 12:51Speaker 2: go to Detroit. We had to trade Derek Lee because
- 12:53Speaker 2: we just literally could not afford it. Didn't have the
- 12:56Speaker 2: cash and I just would rather teams have an opportunity
- 13:00Speaker 2: to show that they're smart or be shown that they're not.
- 13:05Speaker 1: So your example's perfect, right, you guys needed more money.
- 13:10Speaker 1: I'm trying to make it super simple for everyone here
- 13:12Speaker 1: watching to understand why we're going to talk about this
- 13:15Speaker 1: for a while and have back and forth. Legal lawyers
- 13:17Speaker 1: are going to they win always out of all of this, right,
- 13:20Speaker 1: because it's not just the amount of lawyers on both
- 13:22Speaker 1: sides that are hired, it's the outside council. There's so
- 13:24Speaker 1: much money going to lawyers during the next year, it's insane.
- 13:27Speaker 1: But fast forward David to the time when it actually
- 13:30Speaker 1: gets to, hey, are we gonna miss fring training games?
- 13:32Speaker 1: All of that. If the players are truly holding firm
- 13:34Speaker 1: that they're one thing is they will not give in
- 13:36Speaker 1: on a cap. And you said in the past you
- 13:39Speaker 1: need more money, and the sport's one league altogether, why
- 13:42Speaker 1: don't they just share it better? The money is there, right,
- 13:45Speaker 1: The Dodgers are making a fortune. I think they could
- 13:47Speaker 1: do double the budget they have now and still be fine.
- 13:49Speaker 1: That's how much money they're making on one player in Otani.
- 13:52Speaker 1: Why don't they just share it?
- 13:55Speaker 2: Listen, I'd love there to be more revenue sharing. There
- 13:57Speaker 2: was nothing I enjoyed more than taking the Yankees money
- 13:59Speaker 2: and then meeting them in the World Series. I mean,
- 14:01Speaker 2: let's be clear, that was fantastic. So I acknowledge that
- 14:05Speaker 2: it's okay to be a revenue sharing recipient. But at
- 14:08Speaker 2: the end of the day, we're lucky. We won a
- 14:10Speaker 2: World Series in ninety seven and oh three. I was
- 14:12Speaker 2: only there for three and it's just it's I want
- 14:15Speaker 2: an opportunity to have shown that we had better front
- 14:19Speaker 2: offices where we could have done a better job of
- 14:22Speaker 2: raising our payroll, because we did it one time and
- 14:25Speaker 2: it with twenty twelve. We brought in these players, it
- 14:27Speaker 2: didn't work, and then all of a sudden we didn't
- 14:29Speaker 2: have access to any capital, couldn't afford to write checks.
- 14:32Speaker 2: So how to bring the payroll down again? And that
- 14:35Speaker 2: is just such a bad look to go up down,
- 14:37Speaker 2: up down. It makes everybody dizzy. So is there enough
- 14:40Speaker 2: money to be shared? I'd like there to be more
- 14:43Speaker 2: money shared, but until we get more national media deals,
- 14:46Speaker 2: it's really hard to know how much money that is.
- 14:49Speaker 2: So what's being negotiated now is not the amount of
- 14:52Speaker 2: money as much as the mechanism of sharing. That's what's
- 14:57Speaker 2: being negotiated above all.
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- 15:17Speaker 1: with the fam.
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- 16:02Speaker 3: Is there a way to find the happy medium of
- 16:06Speaker 3: competitive balance without franchise values skyrocketing? Like as a player,
- 16:12Speaker 3: I feel like owners want.
- 16:15Speaker 2: Of course they do. Why do players want to be owners?
- 16:18Speaker 2: It's always don't you want to own your show. It's
- 16:21Speaker 2: always better to own your show, to own your things
- 16:24Speaker 2: than to be an employee. It's always people get really
- 16:27Speaker 2: rich with equity, not salary. That's always been the way
- 16:30Speaker 2: of the world. You can live really well with a
- 16:32Speaker 2: high salary. You know, as a player, you can make
- 16:35Speaker 2: ten to fifteen million dollars a year and live a
- 16:38Speaker 2: great life. But of course the person owning the team
- 16:41Speaker 2: is going to do better. It's also a matter of risk.
- 16:44Speaker 2: They're risking more. Of course they're more wealthy, but they're
- 16:46Speaker 2: still risking more. But I just bring you back to
- 16:49Speaker 2: the thought that players get upset. And this is not
- 16:53Speaker 2: just in baseball, by the way, this is every single
- 16:56Speaker 2: union across any industry has an issue with management because
- 17:01Speaker 2: they want a bigger piece of the pie. They want
- 17:03Speaker 2: more money, and management says, we'll pay you your salaries,
- 17:07Speaker 2: but then that's it. We'll take the appreciation of the asset.
- 17:11Speaker 2: We'll even give you some stock along the way, like
- 17:14Speaker 2: if you're part of a public company where you own stock.
- 17:17Speaker 2: But please don't misunderstand, it's always better to be an owner.
- 17:21Speaker 2: And that has nothing to do with baseball.
- 17:23Speaker 1: Well, let's finish with that. Sacramento wants to own their
- 17:28Speaker 1: own baseball team that came out today with their big
- 17:30Speaker 1: pitch and the money and the whole deal. You're smiling.
- 17:33Speaker 1: I just said them last time.
- 17:34Speaker 2: And I don't say, hey, we need an owner. We
- 17:37Speaker 2: got a great city. We just need an owner. I'm sorry.
- 17:39Speaker 1: Other than no, you're good, you're good. I want to
- 17:41Speaker 1: let you cook, because for me, we were like, okay,
- 17:43Speaker 1: they've got a team right now. I know it's not
- 17:45Speaker 1: the same. And also I just think, and I've talked
- 17:47Speaker 1: to some people that Salt Lake City's a lock. And
- 17:49Speaker 1: so this is all just a little pony show. But
- 17:51Speaker 1: what are your thoughts on the teams that'll pop up
- 17:53Speaker 1: here and say choose us.
- 17:55Speaker 2: Oh, I love it? Why because it makes the fees
- 17:58Speaker 2: go higher. You have to have compety. It is critical
- 18:01Speaker 2: in any league to have demand. You need cities saying
- 18:06Speaker 2: I want a team, I want a team. How do
- 18:08Speaker 2: you think that Vegas and Seattle got the expansion fee
- 18:11Speaker 2: for the NBA that they got because there were cities
- 18:13Speaker 2: around the country saying we want the NBA and if
- 18:17Speaker 2: you want it, you got to pay for it. So
- 18:18Speaker 2: from baseball standpoint and the owner's standpoint, they want as
- 18:22Speaker 2: many cities even if it's not viable, like Montreal is
- 18:25Speaker 2: not going to get an expansion team, but they're not
- 18:27Speaker 2: going to be told that yet. They're going to be
- 18:29Speaker 2: like a stocking horse. It's like the goat and the Survivor.
- 18:32Speaker 2: The finale of Survivor, Joe gets no votes. There's always
- 18:35Speaker 2: somebody who's just there for the ride, and that's what
- 18:38Speaker 2: some of these cities are.
- 18:39Speaker 1: Well played. David, great to have you on man. Always
- 18:42Speaker 1: appreciate the conversation. We'll be doing more of this if
- 18:45Speaker 1: you'll take the invite, since we'll have more info coming
- 18:47Speaker 1: out and everyone check out a show if you want
- 18:49Speaker 1: more breaking down detail by detail on the CBA battle.
- 18:53Speaker 1: Thanks David, good talking to you, mam.
- 18:54Speaker 2: Appreciate it. Guys, take care of yourselves.
- 19:02Speaker 1: There are a lot of business happenings going on this
- 19:04Speaker 1: week in Major League Baseball. We're trying to focus on
- 19:06Speaker 1: the games, but you got to hit some business too.
- 19:08Speaker 1: Sacramento is making their push, not the Sacramento as the city.
- 19:13Speaker 1: They're like, hey, we're hosting the team we want to
- 19:16Speaker 1: leg up in the competition for the West side of
- 19:19Speaker 1: the Country battle. Right, So there's going to be two
- 19:22Speaker 1: more teams at it. It's not official yet, but there
- 19:23Speaker 1: will be. Okay, at some point in the next few years,
- 19:26Speaker 1: you're going to hear about a team that is popping
- 19:29Speaker 1: up in our league. In as Manford said, you know,
- 19:32Speaker 1: crack the country in half. Interniconano and left side, right
- 19:37Speaker 1: side is each going to get one right, So not
- 19:40Speaker 1: necessarily coast because the team who's going to get it
- 19:43Speaker 1: on the West side is not on the coast. Even
- 19:45Speaker 1: though I'm going to say this part first, Mary Brown,
- 19:47Speaker 1: who's going to join us next week. Sacramento officially unveils
- 19:49Speaker 1: MLB expansion ballpark and funding details. So it's backed by
- 19:54Speaker 1: a fully entitled fifty acres stadium site, nearly two billion
- 19:57Speaker 1: dollars in public and private investment, and the largest under
- 20:00Speaker 1: served Major League sports market in the country. That's coming
- 20:03Speaker 1: from their their pr and everything they send out here.
- 20:06Speaker 1: They're currently hosting a team, of course, and you know,
- 20:09Speaker 1: their Council for Economics stuff said, we have a market
- 20:12Speaker 1: to site, the capital, the community, blah blah blah.
- 20:16Speaker 4: A j under market. They have a basketball team and
- 20:20Speaker 4: Orlando's Orlando's market's way bigger than Sacramento.
- 20:24Speaker 3: Sorry, just saying they have the times and giants are
- 20:28Speaker 3: that far.
- 20:30Speaker 1: No, Eric, No, you're wrong.
- 20:32Speaker 2: Uh.
- 20:32Speaker 1: Mark Friedman, founder and chairman of Fulkrom Property and board
- 20:35Speaker 1: chair of the Greater Sacramento Economic Council. When MLB moves quote,
- 20:38Speaker 1: when MLB moves forward on expansion, expansion, Sacramento will be
- 20:42Speaker 1: impossible to ignore. It is impossible to ignore them right
- 20:47Speaker 1: now they have a team.
- 20:48Speaker 4: And impossible to know they have a team right now exactly.
- 20:51Speaker 1: They have a team right now, and and and they're
- 20:54Speaker 1: good and they're good. Yeah, I mean, it's fine, but
- 21:01Speaker 1: it's not like bubbling. It's not busting open by the
- 21:04Speaker 1: seams with you know, thousands of people sold out every night,
- 21:08Speaker 1: tickets are crazy. In the secondary market, there's none of
- 21:11Speaker 1: that going on. And also all of this is technically
- 21:13Speaker 1: a moot point. Sacramento, I mean, Salt Lake City is
- 21:16Speaker 1: a lock. It's it's already done. I'm telling you it's
- 21:18Speaker 1: not officially done, but it's handshaked done. Sacramento is not
- 21:23Speaker 1: getting a team, and neither is Portland and neither of
- 21:25Speaker 1: those other spots. I'm just being very straightforward about this.
- 21:28Speaker 1: I've spoken to people behind the scenes. Salt Lake City
- 21:31Speaker 1: has a team, they were going to get a team,
- 21:33Speaker 1: they have everything lined up, and everything else is just
- 21:36Speaker 1: posturing to find out how much they'll have to pay
- 21:39Speaker 1: and to make it like they're doing a fair fight here.
- 21:41Speaker 1: It's like when Roki Sazaki growing up said I'm going
- 21:44Speaker 1: to be a Dodger. I love Shoeotani, and once he's
- 21:47Speaker 1: signed there, it didn't matter what you were doing. It
- 21:49Speaker 1: wasn't rigged. He just was signing there. This is the
- 21:51Speaker 1: same concept crats. MLB is choosing Salt Lake.
- 21:54Speaker 3: City period an that's an underserved market. Sorry, that's an
- 21:59Speaker 3: underserved market for a major league franchise, Like that's exactly
- 22:03Speaker 3: what they're looking if that's if that's part of the
- 22:06Speaker 3: criteria that they're looking for, like Sacramento, Like it's cool
- 22:10Speaker 3: like it's nice, but like they don't need to build
- 22:13Speaker 3: a mall with a baseball park around it in Sacramento.
- 22:15Speaker 3: For like, you have your chance, Sacramento. If you want
- 22:20Speaker 3: a team, you have to show them in the next
- 22:23Speaker 3: You have to show major League Baseball in the next
- 22:25Speaker 3: two three years, whenever Vegas, whenever Vegas is finally opened
- 22:28Speaker 3: and they move out, show them that this city would
- 22:31Speaker 3: be behind it. Because sorry, if you look at everything
- 22:34Speaker 3: that's going on in Salt Lake you're gonna have a
- 22:37Speaker 3: tough time beating them. They are going to be the
- 22:39Speaker 3: team in Salt Lake City.
- 22:44Speaker 1: They're getting a team. Our next guest is ready, so
- 22:48Speaker 1: I don't even think we have to spend more time
- 22:49Speaker 1: in this, although I will ask a later guest.
- 22:52Speaker 4: They supported us in Triple A. They supported us in
- 22:55Speaker 4: Triple A big time, the beat and I was there.
- 22:58Speaker 4: I love it was awesome. It's the buzz then, but
- 23:00Speaker 4: the Bees buzz the Bees, great place, great place to play.
- 23:06Speaker 1: Number One factor on the list how much money will
- 23:10Speaker 1: come from public money. Salt Lake City will destroy anyone
- 23:13Speaker 1: in that category. If if a place, If Sacramento says,
- 23:16Speaker 1: oh the two billion, we're giving eight hundred Salt Lake's
- 23:19Speaker 1: going to be like cool, we'll give one point too,
- 23:21Speaker 1: Like they will beat the number by far.
- 23:24Speaker 3: That's they pay homeless people to live there. They have
- 23:26Speaker 3: tons of money out there.
- 23:27Speaker 1: They have stupid money, and they will spend it on sports.
- 23:30Speaker 1: They're all aligned on it. I'm just saying they are
- 23:32Speaker 1: a powerhouse. They are the dream for what MLB wants
- 23:35Speaker 1: on their checklist. I'm telling you, I've spoken to people.
- 23:38Speaker 4: Behind that stadium though. I'm gonna need a roof on
- 23:41Speaker 4: that stadium because it gets insanely hot and it's insanely colder.
- 23:45Speaker 1: They both, yeah, retractable roof. They will pay for it.
- 23:50Speaker 1: It will be state of the art. Okay, And I
- 23:52Speaker 1: have no stakes in the game for this. I'm not
- 23:56Speaker 1: a Utah. I've been there once. It's not like I
- 23:58Speaker 1: know all about it. I just know ab out the
- 24:00Speaker 1: business side of what's going on here. They're getting a
- 24:02Speaker 1: team