1 00:00:00,040 --> 00:00:03,920 Speaker 1: Hello, Welcome to the Bloomberg Business of Sports podcast, and 2 00:00:04,040 --> 00:00:06,600 Speaker 1: we explore some of the big money issues in the 3 00:00:06,600 --> 00:00:09,840 Speaker 1: world of sports. On Michael Barne. I'm Scarlett Foo and 4 00:00:09,920 --> 00:00:15,080 Speaker 1: I'm Damiens. And you want big money, let's talk pickleball. Yeah. 5 00:00:15,120 --> 00:00:17,800 Speaker 1: I know I would never have said that a year ago, 6 00:00:18,560 --> 00:00:21,400 Speaker 1: but you know what, it is one of the big 7 00:00:21,480 --> 00:00:24,400 Speaker 1: crazes that's going on right now. You've got a lot 8 00:00:24,440 --> 00:00:26,479 Speaker 1: of leagues that are popping up and a lot of 9 00:00:26,640 --> 00:00:30,520 Speaker 1: big name investors that are putting their cash into it. 10 00:00:30,880 --> 00:00:35,240 Speaker 1: And with us. Old friend came back to the show. 11 00:00:35,720 --> 00:00:39,560 Speaker 1: He went all Hollywood now on us. Everybody, the ladies 12 00:00:39,600 --> 00:00:43,720 Speaker 1: and gentlemen, it's Bloomberg's Jason Kelly. Let's hear it for him. 13 00:00:43,720 --> 00:00:48,159 Speaker 1: Everybody nice to be here. Yeah, talk about Hollywood. I 14 00:00:48,159 --> 00:00:51,479 Speaker 1: mean pickleballs going Hollywood, guys. I mean anybody who's anybody 15 00:00:51,479 --> 00:00:53,600 Speaker 1: has a pickleball teams? Car Do you have a pickaball team? 16 00:00:53,760 --> 00:00:55,560 Speaker 1: I don't, And I just looked up what it looks like. 17 00:00:55,600 --> 00:00:59,640 Speaker 1: It looks like it's table tennis but on a tennis court. Yeah. Well, 18 00:00:59,720 --> 00:01:04,360 Speaker 1: I mean what's interesting about this is both the participant side. 19 00:01:04,600 --> 00:01:08,640 Speaker 1: It's all the rage you've got country clubs, you've got 20 00:01:08,800 --> 00:01:13,440 Speaker 1: retirement communities, you've got city parks all converting tennis courts 21 00:01:13,600 --> 00:01:16,720 Speaker 1: to pickleball courts. And at the same time, you've got 22 00:01:16,760 --> 00:01:21,240 Speaker 1: this professional league cropping up where you have a lot 23 00:01:21,319 --> 00:01:24,440 Speaker 1: of famous people talking about Tom Brady, We're talking about 24 00:01:24,480 --> 00:01:29,039 Speaker 1: Larry Fitzgerald, We're talking about Heidi klum Eva, Longoria, Chris 25 00:01:29,040 --> 00:01:33,320 Speaker 1: Evert buying teams a couple million bucks and they're going 26 00:01:33,360 --> 00:01:39,000 Speaker 1: to have a really robust, ongoing championship at the professional level. 27 00:01:39,120 --> 00:01:41,960 Speaker 1: This is happening, Damien's assar. I have to think you've 28 00:01:41,959 --> 00:01:45,160 Speaker 1: got some You've got some pickleball playing friends, your country 29 00:01:45,160 --> 00:01:47,720 Speaker 1: club I've got I definitely do. And now you're hitting 30 00:01:47,760 --> 00:01:49,240 Speaker 1: right where it hurts from me, because you know, we've 31 00:01:49,280 --> 00:01:51,080 Speaker 1: been talking about this, by the way, Jason, for some 32 00:01:51,160 --> 00:01:53,240 Speaker 1: time now. I'm talking Scarlett, Michael and myself, and we've 33 00:01:53,240 --> 00:01:55,120 Speaker 1: been like, where are these pickle ball players coming from? 34 00:01:55,120 --> 00:01:57,480 Speaker 1: Where you're gonna find the talent? And I've been, you know, 35 00:01:57,560 --> 00:01:59,520 Speaker 1: on the record of saying you're gonna go to country clubs, 36 00:01:59,520 --> 00:02:01,760 Speaker 1: You're gonna go to Westchester County. You got Pamfield County, 37 00:02:01,800 --> 00:02:04,040 Speaker 1: that's where. But now that we see the actual lineup. 38 00:02:04,120 --> 00:02:06,800 Speaker 1: I'm talking to Brooklyn Aces, I'm talking to Texas Ranchers. 39 00:02:07,160 --> 00:02:08,799 Speaker 1: I'm still looking at these names. We're trying to figure 40 00:02:08,800 --> 00:02:10,760 Speaker 1: out where we found them from. Jason, I mean, where 41 00:02:10,800 --> 00:02:13,800 Speaker 1: are you finding pickupball players from in today's day and age. 42 00:02:13,880 --> 00:02:16,639 Speaker 1: So here's one really interesting thing that like goes right 43 00:02:16,680 --> 00:02:19,360 Speaker 1: to the heart of like the Bloomberg business of sports. 44 00:02:19,720 --> 00:02:23,440 Speaker 1: I spoke with the interim CEO of the Major League 45 00:02:23,440 --> 00:02:26,240 Speaker 1: Pickleball League, and that's gonna be sort of where everything's 46 00:02:26,240 --> 00:02:28,960 Speaker 1: gonna call us on the press professional level. Twenty five 47 00:02:29,040 --> 00:02:33,640 Speaker 1: years at Goldman sachs Uh former partner NBA, from goys 48 00:02:33,680 --> 00:02:37,639 Speaker 1: wet to business school. He's invested in professional teams, including 49 00:02:37,840 --> 00:02:41,440 Speaker 1: the Las Vegas Golden Knights in the NHL, and he's 50 00:02:41,480 --> 00:02:44,920 Speaker 1: running pickleball on an interim basis. Is Guy Brian Levine. 51 00:02:44,960 --> 00:02:47,520 Speaker 1: He's super into it and he came to it because 52 00:02:47,760 --> 00:02:50,280 Speaker 1: he loves pickleball. By the way, Larry Fitzgerald, who I 53 00:02:50,320 --> 00:02:53,800 Speaker 1: also talked to, started playing pickleball during the pandemic, built 54 00:02:53,800 --> 00:02:57,000 Speaker 1: a court in his backyard in Phoenix, Arizona, and played 55 00:02:57,040 --> 00:02:59,359 Speaker 1: every day with his three sons. So that's where they're 56 00:02:59,360 --> 00:03:02,480 Speaker 1: coming from take me through. Now. What people don't know 57 00:03:02,800 --> 00:03:07,200 Speaker 1: is that Scarlet, Damien and me we had a secret 58 00:03:07,360 --> 00:03:10,959 Speaker 1: meeting and we're going to invest in the Anthill Mob 59 00:03:11,400 --> 00:03:14,760 Speaker 1: in the Wacky Races League for a pickle ball team. 60 00:03:15,240 --> 00:03:17,760 Speaker 1: And we all said, okay, it's like, you know, we 61 00:03:17,840 --> 00:03:21,120 Speaker 1: got our twenty dollar bills, how do we get started 62 00:03:21,240 --> 00:03:25,679 Speaker 1: in investing in a pickleball team? If you're you're like me, well, 63 00:03:25,720 --> 00:03:29,840 Speaker 1: I mean what's interesting is there have been a number 64 00:03:29,919 --> 00:03:33,760 Speaker 1: of leagues that have essentially now come together. Major League 65 00:03:33,760 --> 00:03:36,640 Speaker 1: Pickleball seems to be what's going to be kind of 66 00:03:36,640 --> 00:03:39,520 Speaker 1: the defining professional league at least when it comes to 67 00:03:39,600 --> 00:03:42,760 Speaker 1: putting on the big tournaments that you know, at some 68 00:03:42,840 --> 00:03:45,280 Speaker 1: point down the line, we'll have a big TV contract. 69 00:03:45,280 --> 00:03:48,720 Speaker 1: I mean big and I'm using scare quotes there. Um, 70 00:03:48,880 --> 00:03:51,880 Speaker 1: you know, we'll see how it how it emerges. Um, 71 00:03:51,920 --> 00:03:55,240 Speaker 1: but you know, they have created this league. You they're 72 00:03:55,280 --> 00:03:58,040 Speaker 1: putting franchises up for zero. They have put franchises up 73 00:03:58,080 --> 00:04:01,240 Speaker 1: for sale, their regionally base. One of the most interesting 74 00:04:01,280 --> 00:04:03,920 Speaker 1: things I think about this is they are going to 75 00:04:03,960 --> 00:04:07,000 Speaker 1: have promotion and relegation, so you're actually going to have 76 00:04:07,160 --> 00:04:11,720 Speaker 1: like European soccer style teams competing and over the course 77 00:04:11,720 --> 00:04:16,120 Speaker 1: of Tom Brady's team is going to try and get 78 00:04:16,320 --> 00:04:19,800 Speaker 1: to the championship level um from the challenger level. I mean, 79 00:04:20,040 --> 00:04:23,120 Speaker 1: so they're trying to build some drama into this. And 80 00:04:23,160 --> 00:04:25,719 Speaker 1: to me, one of the really interesting things is this 81 00:04:25,839 --> 00:04:30,599 Speaker 1: kind of participant and slash professional element to this that 82 00:04:30,680 --> 00:04:33,680 Speaker 1: you know we see another sports like tennis and golf, etcetera. 83 00:04:34,000 --> 00:04:36,320 Speaker 1: But you know, they are definitely trying to leverage the 84 00:04:36,440 --> 00:04:38,600 Speaker 1: sort of broader popularity of this game's car and the 85 00:04:38,640 --> 00:04:42,000 Speaker 1: broader popularity means that all these big name athletes are 86 00:04:42,080 --> 00:04:45,359 Speaker 1: investing in the sport, but are they playing the sport 87 00:04:45,360 --> 00:04:47,039 Speaker 1: as well? I mean, you talk to all these athletes, 88 00:04:47,080 --> 00:04:49,560 Speaker 1: do they play pickleball? And why is it called pickleball? 89 00:04:50,440 --> 00:04:54,120 Speaker 1: You know, there's a whole lot of lore around pickleball 90 00:04:54,200 --> 00:04:56,000 Speaker 1: and where the name comes from. There are a lot 91 00:04:56,040 --> 00:05:00,160 Speaker 1: of competing interests. One says one myth says the it's 92 00:05:00,240 --> 00:05:03,360 Speaker 1: named after a dog named pickle um. I've read some 93 00:05:03,400 --> 00:05:07,159 Speaker 1: other stuff, so who knows, somewhere the truth will will 94 00:05:07,160 --> 00:05:09,960 Speaker 1: come out. I do think to your point about the athletes, 95 00:05:10,080 --> 00:05:12,320 Speaker 1: I think a lot of them play um. I mean, 96 00:05:12,400 --> 00:05:14,760 Speaker 1: and the other really interesting thing. And this goes to 97 00:05:14,839 --> 00:05:17,680 Speaker 1: the sort of country club of it all is. You know, 98 00:05:17,760 --> 00:05:22,640 Speaker 1: it's huge in retirement communities because it's easier to um, 99 00:05:22,680 --> 00:05:26,480 Speaker 1: it's easier on the body than tennis. It's impact, it's 100 00:05:26,560 --> 00:05:30,120 Speaker 1: lower impact, it's a smaller court, it's a whiffleball um 101 00:05:30,160 --> 00:05:31,880 Speaker 1: it has, but it has a lot of the same 102 00:05:31,920 --> 00:05:35,080 Speaker 1: sort of hand eye coordination. Our colleague here at Bloomberg, 103 00:05:35,120 --> 00:05:37,760 Speaker 1: Adrian to Scano, who runs booking for all of our 104 00:05:37,800 --> 00:05:40,920 Speaker 1: live events, massive pickleball player. She has been like in 105 00:05:40,960 --> 00:05:43,680 Speaker 1: my ear about pickle ball. I sent her the story 106 00:05:43,839 --> 00:05:46,320 Speaker 1: that that we put out in the past week or 107 00:05:46,360 --> 00:05:48,400 Speaker 1: so and she just wrote back, This makes me so 108 00:05:48,440 --> 00:05:51,400 Speaker 1: happy because she feels validated that this is all this 109 00:05:51,480 --> 00:05:54,240 Speaker 1: is all happening. Damian, you're seeing it. Come on, I 110 00:05:54,240 --> 00:05:56,440 Speaker 1: want you to come are you? Are you a closet 111 00:05:56,440 --> 00:06:01,560 Speaker 1: pickleball player being pick a ball and paddle and and 112 00:06:01,600 --> 00:06:04,680 Speaker 1: admittedly I had a paddle injury. I did get injured. 113 00:06:04,800 --> 00:06:08,880 Speaker 1: You know, my my calf. I what you got injured? Yah? Know? 114 00:06:09,000 --> 00:06:11,080 Speaker 1: You play in the cold weather, you Scarlett. This is 115 00:06:11,080 --> 00:06:12,600 Speaker 1: the way it works. You're play in the cold weather. 116 00:06:12,640 --> 00:06:14,080 Speaker 1: You wear the goggles and the neat pads and the 117 00:06:14,120 --> 00:06:16,680 Speaker 1: whole thing. And you know, if you're cutting or you're 118 00:06:16,680 --> 00:06:19,039 Speaker 1: moving around somewhat quickly, which I like to do in 119 00:06:19,080 --> 00:06:22,479 Speaker 1: the cold weather. At fifty years old, nearly something gives. 120 00:06:22,520 --> 00:06:24,080 Speaker 1: And so that kind of happened to me last year. 121 00:06:24,120 --> 00:06:25,760 Speaker 1: So I'm taking a little bit of a hiatus from 122 00:06:25,760 --> 00:06:28,640 Speaker 1: the sport. But I mean, I love it. It's awesome. 123 00:06:28,760 --> 00:06:30,520 Speaker 1: It's amazing. I mean, I'm just looking here. I mean, 124 00:06:30,600 --> 00:06:33,920 Speaker 1: Jason sam Query was the first draft pick up the 125 00:06:34,240 --> 00:06:36,800 Speaker 1: pick A Ball League, right, and so here here's just 126 00:06:36,839 --> 00:06:39,520 Speaker 1: to give everyone one ten a TV Tour titles, you know, 127 00:06:39,560 --> 00:06:42,240 Speaker 1: reach the semifinals of Wimbledon. So these are real tennis players. 128 00:06:42,279 --> 00:06:44,720 Speaker 1: It sounds like there's real talent there, you know. I'm 129 00:06:44,760 --> 00:06:46,600 Speaker 1: just I find it so interesting. You're gonna have people 130 00:06:46,600 --> 00:06:49,599 Speaker 1: like Jason Verlander, you know, Chris Everett, you know Heidi Clumb, 131 00:06:49,640 --> 00:06:51,960 Speaker 1: you know everyone. Derek Spentley, by the way, Deer Spentley 132 00:06:51,960 --> 00:06:54,400 Speaker 1: went to Banderbilt University with me. Dear Spentley country music 133 00:06:54,400 --> 00:06:58,960 Speaker 1: pop legend is going to be scouting tennis players and 134 00:06:58,960 --> 00:07:01,080 Speaker 1: bringing them into this league. Gonna be the analytics on 135 00:07:01,160 --> 00:07:05,360 Speaker 1: pickleball players, like the moneyballs coming, moneyballs coming. I mean 136 00:07:05,440 --> 00:07:08,440 Speaker 1: that this is this is how this happens in a 137 00:07:08,440 --> 00:07:13,120 Speaker 1: lot of ways. But you know, we have seen celebrity ownership, 138 00:07:13,200 --> 00:07:16,840 Speaker 1: you know, start to creep in to you know, other 139 00:07:17,200 --> 00:07:19,760 Speaker 1: big professional sports. You know, I mean, Scott and I've 140 00:07:19,800 --> 00:07:22,440 Speaker 1: been talking about this. Uh you know You've got Ryan 141 00:07:22,480 --> 00:07:25,480 Speaker 1: Reynolds making a play for the Ottawa Senators. That's a 142 00:07:25,760 --> 00:07:29,120 Speaker 1: that's one to to watch. So the first major celebrity 143 00:07:29,240 --> 00:07:31,440 Speaker 1: owner of an HL team if it goes if it 144 00:07:31,480 --> 00:07:34,880 Speaker 1: goes through exactly. So you know you've seen and I 145 00:07:34,920 --> 00:07:37,080 Speaker 1: think the other really interesting aspect of this, which we've 146 00:07:37,120 --> 00:07:38,840 Speaker 1: talked about lots on this show before, and I know 147 00:07:38,880 --> 00:07:43,160 Speaker 1: you guys continue to talk about, is athletes being business owners. 148 00:07:43,200 --> 00:07:45,800 Speaker 1: I mean, Larry Fitzgerald is really interesting. It was so 149 00:07:45,880 --> 00:07:49,040 Speaker 1: fascinating talk to talk to him because obviously one of 150 00:07:49,080 --> 00:07:52,160 Speaker 1: the greatest football players of all time, second only to 151 00:07:52,520 --> 00:07:55,480 Speaker 1: Jerry Rice in reception seventeen years in the league. But 152 00:07:55,600 --> 00:07:58,960 Speaker 1: also fun fact, is on the board of Dick Sporting Goods. 153 00:07:59,040 --> 00:08:01,640 Speaker 1: So I mean, he's a very serious businessman and so 154 00:08:01,720 --> 00:08:03,880 Speaker 1: you think about the lens through which he sees this. 155 00:08:04,280 --> 00:08:07,240 Speaker 1: Again both from the participant in the professional perspective. Well, 156 00:08:07,280 --> 00:08:09,679 Speaker 1: that's what brings me to the next question, is that 157 00:08:10,240 --> 00:08:12,680 Speaker 1: this is really going to explode when you get the 158 00:08:12,840 --> 00:08:16,480 Speaker 1: real big name sponsors in these in these games here. 159 00:08:16,800 --> 00:08:19,320 Speaker 1: And it wouldn't surprise me to see a Dick Sporting 160 00:08:19,320 --> 00:08:21,440 Speaker 1: Goods in this, but you know, and and a guy 161 00:08:21,520 --> 00:08:25,040 Speaker 1: like me who plays gnipkop. You know that's the see 162 00:08:25,080 --> 00:08:29,480 Speaker 1: you've got to look that up. I mean, maybe I'll 163 00:08:29,520 --> 00:08:31,440 Speaker 1: get into this is like, you know, when you see 164 00:08:31,440 --> 00:08:33,679 Speaker 1: the sponsors come in, well, and I think you are 165 00:08:33,679 --> 00:08:36,000 Speaker 1: going to see some I think that's a great point 166 00:08:36,040 --> 00:08:38,880 Speaker 1: bar because I think you're gonna see the typical sort 167 00:08:38,920 --> 00:08:41,719 Speaker 1: of endemic sports sponsors come in. You know, the light 168 00:08:41,800 --> 00:08:44,920 Speaker 1: Beers of the World, the Gatorades, the Gatorades, you know, 169 00:08:45,040 --> 00:08:47,400 Speaker 1: all those sorts of things. But you know, this is 170 00:08:47,800 --> 00:08:51,000 Speaker 1: tends to be a relatively on the scale of things 171 00:08:51,040 --> 00:08:54,079 Speaker 1: affluent game. Um, you know, given who's playing. And so 172 00:08:54,280 --> 00:08:57,520 Speaker 1: you think about luxury car as you think about technology companies, 173 00:08:57,559 --> 00:08:59,560 Speaker 1: You think about all these different things, and you think 174 00:08:59,559 --> 00:09:04,200 Speaker 1: about and building on bars point, you think about the relationships, 175 00:09:04,200 --> 00:09:08,120 Speaker 1: the existing relationships that these athlete owners or these business owners. 176 00:09:08,120 --> 00:09:11,079 Speaker 1: Because Mark Lazzarie, who wants some Milwaukee Bucks. He owns 177 00:09:11,080 --> 00:09:14,920 Speaker 1: a team. Um you have so you have these people 178 00:09:14,960 --> 00:09:17,880 Speaker 1: with existing relationships with big corporate sponsors who are going 179 00:09:17,920 --> 00:09:19,800 Speaker 1: to be saying, yeah, you know, why don't you get 180 00:09:19,800 --> 00:09:22,160 Speaker 1: behind my pickleball team. I still wonder, though, if pickleball 181 00:09:22,200 --> 00:09:23,920 Speaker 1: is going to be something that years later we'll look 182 00:09:23,920 --> 00:09:25,400 Speaker 1: back and be like, oh, yeah, that was really big 183 00:09:25,440 --> 00:09:27,440 Speaker 1: for a while, you know, like that was the sports 184 00:09:27,480 --> 00:09:31,120 Speaker 1: of could be absolutely could be. I mean I think 185 00:09:31,200 --> 00:09:34,720 Speaker 1: the what what will what will be interesting to see 186 00:09:34,840 --> 00:09:37,800 Speaker 1: is you know, five years from now, does the infrastructure exist, 187 00:09:38,080 --> 00:09:41,560 Speaker 1: you know, because it does take a physical change in things. 188 00:09:41,600 --> 00:09:44,080 Speaker 1: You know, people are having to make decisions at you know, 189 00:09:44,120 --> 00:09:46,480 Speaker 1: clubs and city parks and things like that. You can't 190 00:09:46,480 --> 00:09:49,960 Speaker 1: trust use a tennis court for pickleball. I mean you can, 191 00:09:50,320 --> 00:09:54,120 Speaker 1: but it requires different It requires different lines and a 192 00:09:54,160 --> 00:09:57,560 Speaker 1: different net. And so. But one of the very appealing 193 00:09:57,600 --> 00:10:02,679 Speaker 1: passes that you you actually, I know, the pickle All 194 00:10:02,720 --> 00:10:05,200 Speaker 1: the pickleball people are listening are like, how dare he 195 00:10:05,440 --> 00:10:09,080 Speaker 1: say that? Um, but you can you know it basically 196 00:10:09,160 --> 00:10:14,040 Speaker 1: takes up half the space. Uh, and so, but I 197 00:10:14,040 --> 00:10:17,320 Speaker 1: I do wonder, Damien, what the what the sort of 198 00:10:17,360 --> 00:10:21,560 Speaker 1: like paddle pickle Um showdown maybe as it as it 199 00:10:21,600 --> 00:10:24,240 Speaker 1: comes out like, because they are kind of similar, right, 200 00:10:24,320 --> 00:10:26,280 Speaker 1: and they are, and well they're but they're very different, right. 201 00:10:26,320 --> 00:10:27,880 Speaker 1: I Mean, one's more like a racketball you get to 202 00:10:27,880 --> 00:10:29,480 Speaker 1: play off the walls. The other's more of a two 203 00:10:29,520 --> 00:10:31,640 Speaker 1: on two. But my question for you, Jason is, Okay, 204 00:10:31,720 --> 00:10:33,400 Speaker 1: let's take a step back. I mean, you talk about 205 00:10:33,400 --> 00:10:36,560 Speaker 1: the involvement of celebrities and you know, entrepreneurs and whatnot, 206 00:10:36,600 --> 00:10:39,440 Speaker 1: and look, they are incredibly smart, incredibly savvy these days. 207 00:10:39,480 --> 00:10:42,120 Speaker 1: My question is, what isn't I guess the average value 208 00:10:42,200 --> 00:10:45,360 Speaker 1: right now today for a major league pickleball team? Is it? 209 00:10:45,640 --> 00:10:47,920 Speaker 1: You know, is it you know, seven figures? I mean 210 00:10:48,040 --> 00:10:51,559 Speaker 1: it's a couple of million bucks. Million bucks, yeah, I mean, 211 00:10:51,600 --> 00:10:54,439 Speaker 1: so that's that's low, right, I mean you could you 212 00:10:54,440 --> 00:10:56,560 Speaker 1: could see maybe a ten x or more if this 213 00:10:56,720 --> 00:11:00,200 Speaker 1: actually takes off. Is you know, pretty savvy totally, and 214 00:11:00,280 --> 00:11:03,080 Speaker 1: you know, and we're at this moment I think, I mean, listen, 215 00:11:03,120 --> 00:11:07,679 Speaker 1: we're talking at a time where an NBA franchise is 216 00:11:07,720 --> 00:11:10,640 Speaker 1: going for a reported four billion dollars, and so if 217 00:11:10,640 --> 00:11:12,080 Speaker 1: you want to be a sports owner, if you want 218 00:11:12,120 --> 00:11:15,079 Speaker 1: to sort of have that vibe about you. You know, 219 00:11:15,200 --> 00:11:19,079 Speaker 1: there are some more affordable on a relative basis options 220 00:11:19,080 --> 00:11:21,360 Speaker 1: out there, So I think that is that is definitely 221 00:11:21,360 --> 00:11:23,559 Speaker 1: part of the appeal. And you know, if it does 222 00:11:23,640 --> 00:11:26,440 Speaker 1: take off, there's a lot of upside and probably for 223 00:11:26,440 --> 00:11:28,680 Speaker 1: for a lot of these folks. You know, this is 224 00:11:28,720 --> 00:11:31,920 Speaker 1: not you know, this is probably money they found in 225 00:11:31,920 --> 00:11:33,760 Speaker 1: the couch. Okay. So one thing that we never talked 226 00:11:33,800 --> 00:11:35,760 Speaker 1: about out loud, but happens every single time we do 227 00:11:35,800 --> 00:11:38,120 Speaker 1: one of these interviews is one of us is googling back, 228 00:11:38,400 --> 00:11:41,560 Speaker 1: you know, furiously at the computer to look for some 229 00:11:41,640 --> 00:11:44,000 Speaker 1: background information. There's a New York Times article why is 230 00:11:44,040 --> 00:11:46,840 Speaker 1: pickle ball so popular? And one of the comments just 231 00:11:46,920 --> 00:11:48,840 Speaker 1: made me laugh out loud. It's the loudest game of 232 00:11:48,840 --> 00:11:57,480 Speaker 1: patty Cake. You'll never want to hear. Yeah, shots fired, Mama, 233 00:11:57,559 --> 00:12:01,079 Speaker 1: where's the back team pick up all airs catching strays? 234 00:12:01,160 --> 00:12:04,520 Speaker 1: I don't know, I don't know what that's about. Well, listen, 235 00:12:04,840 --> 00:12:07,120 Speaker 1: and I think this is ya is probably going to 236 00:12:07,240 --> 00:12:10,480 Speaker 1: take off big time, which is already doing now. And 237 00:12:10,920 --> 00:12:12,640 Speaker 1: you know, and and Scarlett, you hit the nail on 238 00:12:12,679 --> 00:12:14,640 Speaker 1: the head. Let's let's see if it gets past the 239 00:12:14,720 --> 00:12:19,240 Speaker 1: so called fad face and if it continues on look 240 00:12:19,280 --> 00:12:21,360 Speaker 1: out and by the way, I thought the question about 241 00:12:21,480 --> 00:12:23,640 Speaker 1: you know, how do you get the name pickleball? That 242 00:12:23,720 --> 00:12:29,160 Speaker 1: was a deally of a question after talk. Didn't you 243 00:12:29,280 --> 00:12:31,080 Speaker 1: miss this, Jason? Come on, come on, come on, come back. 244 00:12:32,200 --> 00:12:35,880 Speaker 1: Between dil dill, pickle jokes and schlitz, I mean, you know, 245 00:12:37,320 --> 00:12:43,400 Speaker 1: lions references, bowling, I've got I've got a half sour 246 00:12:43,480 --> 00:12:48,440 Speaker 1: taste in my mouth. Boy, Jason Kelly, my man, our 247 00:12:48,520 --> 00:12:52,120 Speaker 1: own Bloomberg we're talking about pickleball, of course. Uh. He 248 00:12:52,600 --> 00:12:56,720 Speaker 1: brings the knowledge big time and he's coming with it always. 249 00:12:57,120 --> 00:12:59,600 Speaker 1: You know, a pleasure to talk with you, Jason, Thank 250 00:12:59,640 --> 00:13:01,640 Speaker 1: you so much. Good to see you guys. This has 251 00:13:01,720 --> 00:13:04,160 Speaker 1: been the Bloomberg Business of Sports podcast and we explore 252 00:13:04,200 --> 00:13:05,520 Speaker 1: some of the big money issues in the world of 253 00:13:05,520 --> 00:13:07,400 Speaker 1: sports on Michael Bar. You can follow me on Twitter 254 00:13:07,600 --> 00:13:09,760 Speaker 1: at Big Bar Sports and look for me on Twitter 255 00:13:09,840 --> 00:13:13,200 Speaker 1: at Scarlet Food and on on Twitter at the Scotts Sour. 256 00:13:13,480 --> 00:13:17,640 Speaker 1: And do not forget to catch our podcast that is Monday's, 257 00:13:17,720 --> 00:13:21,720 Speaker 1: Wednesdays and Thursdays. We call it the m WT. All 258 00:13:22,000 --> 00:13:26,040 Speaker 1: on your podcast platforms and right here on Bloomberg Business 259 00:13:26,080 --> 00:13:27,320 Speaker 1: of Sports and Bloomberg Radio.