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Speaker 1: This is the Business of Sports from Bloomberg Radio with Scott,

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Speaker 1: Michael Barr, and Evan Novie Williams. Hello, I'm Scott, I'm

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Speaker 1: Evan Novie Williams, and I'm Michael bar And this is

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Speaker 1: the Bloomberg Business of Sports podcast where we explored the

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Speaker 1: big money issues in the world of sports. And we're

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Speaker 1: gonna start with Major League Baseball and the Union in

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Speaker 1: talks on the signs stealing punishments and it has gotten

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Speaker 1: to the point where now Lebron James is weighing in

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Speaker 1: on this whole controversy. Before we go to baseball. Do

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Speaker 1: you want to say anything about the Dayton Oh yes,

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Speaker 1: uh to Ryan Newman and this is what I was

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Speaker 1: talking about. We were talking with Steve Phelps earlier. Uh

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Speaker 1: that And I know that the people want to see

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Speaker 1: crashes in when we watch the race, and this is

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Speaker 1: why you don't because for that moment, a driver's life

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Speaker 1: is in the balance. And that's what happened with Ryan

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Speaker 1: Newman lap and the lead on the final somebody touched

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Speaker 1: the rear. Yeah, I mean in a quick so now

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Speaker 1: is that he was trying to block Denny Hamlin from

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Speaker 1: getting to the lead and all of a sudden. Then

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Speaker 1: he saw Blaney at the bottom and then he decided, well,

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Speaker 1: I gotta go to the bottom. And then they Blainey

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Speaker 1: bumped in the triogal, which is the lightest part of

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Speaker 1: the race race train. When I say the light, that's

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Speaker 1: when the car can just get out of control so

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Speaker 1: fast and he hits the wall head on. Now that's

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Speaker 1: bad enough, but then the car goes in the airscent yes, yes,

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Speaker 1: and that was bad. But then it goes in the

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Speaker 1: air and and oh my goodness, here comes Corey Lejoy

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Speaker 1: and lucky Man Corey Lajoy because that car is thirty

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Speaker 1: pounds coming into your windshield and it hit the front

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Speaker 1: of the car, flipped, it hit the top and it

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Speaker 1: hit the driver post. For Ryan Newman, that's a good

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Speaker 1: segue to the Astros though, because that's what some other

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Speaker 1: players want to do to the Astros. Well, they want

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Speaker 1: to pummel him back. We're going with a train Wreckord

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Speaker 1: the Trier, the whole thing, the whole thing is trained, right.

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Speaker 1: But bar you mentioned Lebron, That's what why Lebron James

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Speaker 1: is chiming in. I'll never know. I mean, I guess

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Speaker 1: it can, but whatever, But it's gotten so bad that

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Speaker 1: we now have at least one Major League Baseball player,

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Speaker 1: Nick Mark Cakess of the Braves, saying that the Astros

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Speaker 1: players deserve each deserve a beating. Yeah. Yeah, And it

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Speaker 1: didn't help that Manfred called the trophy a piece and

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Speaker 1: he apologized that that was silly. I mean, it is

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Speaker 1: the commissioner's trophy. I mean, he definitely screwed up on

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Speaker 1: that one, and he said so. But the problem here

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Speaker 1: for me is that you have a fractured union. How

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Speaker 1: does Tony Clark handle this in that he gave immunity

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Speaker 1: to the players. Manfred did because you would think the

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Speaker 1: union demanded it that they can't be penalized for science dealing,

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Speaker 1: right right, And now you have a majority of your

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Speaker 1: membership saying, what are you nuts? They're messing with our livelihoods.

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Speaker 1: There are certain things you just cannot do. And this

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Speaker 1: crossed whatever that line of demarccasion is between Okay, turn

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Speaker 1: the cheek, shouldn't have done it, wink wink, and just

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Speaker 1: utter blasphemy. This has crossed that line. Yeah. I asked

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Speaker 1: on the podcast earlier, you know, where is the union

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Speaker 1: and all this? And we're starting to see that. You know,

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Speaker 1: Tony Clark, as you said, came out this week and

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Speaker 1: said one, you know, we sought immunity for these players.

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Speaker 1: It was it was contingent on them talking to Major

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Speaker 1: League Baseball for Major League Baseball's investigation. UM. However, moving forward,

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Speaker 1: we are willing to see a rewriting of the rules

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Speaker 1: in which players in the future, if they get caught

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Speaker 1: doing something similar, are going to going to face some punishment.

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Speaker 1: I also think, you know, over the past few years,

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Speaker 1: Major League Baseball, they're not alone in this. All these

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Speaker 1: leagues have kind of gradually loosened the availability of technology

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Speaker 1: on the bench, in the dugout, etcetera. UM. You know

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Speaker 1: you see deals with Microsoft Surface and i Blpad, things

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Speaker 1: like that, UM, access to writh time stats during the game, coaches, etcetera.

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Speaker 1: I wonder if we're gonna start seeing a pullback of

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Speaker 1: that now, If if mob Rob Manford and maybe even

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Speaker 1: Tony Clark both sit there and say, listen, maybe we

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Speaker 1: went too far. Maybe maybe the availability of technology were

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Speaker 1: spoken to pictures. The entire premise of great pitching is

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Speaker 1: fooling the hitter. It's fast, it's slow, it's up, it's down.

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Speaker 1: If they know what's coming. That's that's out. But I'm

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Speaker 1: going to solve the problem for Rob Manford and all

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Speaker 1: other commissioners right now. You know the saying that a

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Speaker 1: wise man or a smart man learns from his own mistakes,

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Speaker 1: a wise man learns from the stakes of others. Well,

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Speaker 1: Rob Manford did not learn from Roger Goodell's mistake. And

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Speaker 1: what I mean by that is the Ray Rice affair.

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Speaker 1: I know what the cb A allows for that punishment.

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Speaker 1: I know that it only allows for six games. I

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Speaker 1: get it, I get it. But it was so egregious

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Speaker 1: and on tape and in your face that I said

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Speaker 1: at the time that Roger Goodell should have just suspended

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Speaker 1: them for the entire season and said, you know what,

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Speaker 1: this was so egregious and make the union defend it.

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Speaker 1: That's exactly right. You'd say, I don't care about the

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Speaker 1: rule that we do. I don't care. I'm suspending them

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Speaker 1: for the full season. Make the union then appeal and

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Speaker 1: then say that my hands were tied. I did what

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Speaker 1: I could, but my hands were tied. Put it on

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Speaker 1: the union. That's exactly what Rob Manford should have done here.

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Speaker 1: No way, what have he would he have had as

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Speaker 1: much cooperation without it, No, do you think you could

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Speaker 1: have gotten enough to suspend a whole lot of players? Yes? Yeah,

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Speaker 1: I think that's the big question. If if Rob Manford

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Speaker 1: had not agreed to Tony clark hey in in in

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Speaker 1: exchange for your players talking about this. To me, we're

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Speaker 1: not going to punish any of them. I do wonder

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Speaker 1: how much, how much at all, he could have he

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Speaker 1: could have gotten about who was involved in, what the

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Speaker 1: what the process looks like. So it was a little

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Speaker 1: different in that regard um, but no question that this

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Speaker 1: is going on, and former players who were there, who

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Speaker 1: were already spelling beans, it would have come out. Let's

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Speaker 1: not forget that. And this is a transition into the

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Speaker 1: next topic if we want to do it right now.

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Speaker 1: But the Red Sox are also under investigation on the clock.

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Speaker 1: That is an other report that that Rob Banford's office

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Speaker 1: is putting together. Presumably, I believe also the same the

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Speaker 1: same setup that players talked to Major League Baseball under

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Speaker 1: the under the assumption that they are the promise that

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Speaker 1: they would not be penalized. But in the middle of

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Speaker 1: how poorly this has all been handled, I think by

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Speaker 1: almost everybody involved, we're now going to get another major team,

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Speaker 1: another very successful team with a huge fan base that

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Speaker 1: is now going to have allegations against it come out

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Speaker 1: as well. So you know this is by no means over.

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Speaker 1: We laughed last week when Jim Crane said, we're happy

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Speaker 1: to have this in the rear view mirror. This is

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Speaker 1: not in the rear view mirror. But okay, because I

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Speaker 1: think he's actually maybe he has it right. Maybe Jim

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Speaker 1: Crane has it right. I'm excited. Where not exactly the miror.

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Speaker 1: If you don't get the side marror, you get that

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Speaker 1: piece of cheap glass that says objects are closer than

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Speaker 1: they appear. So to Jim Crane back, yeah, they're they're

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Speaker 1: lay back in the in the rear view for Jim

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Speaker 1: Crane and they're actually right on his heels. I would

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Speaker 1: I would love to see the Dodgers or somebody who

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Speaker 1: lost these Astro Yankees pay their players the bonus they

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Speaker 1: would have gotten from winning the series, are winning the

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Speaker 1: winning that divisional divisional round. I think I have got

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Speaker 1: to bet the over under on the Houston Astros on

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Speaker 1: how many times they're gonna get plunked during the entire

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Speaker 1: Just the fact that three and a half putting this,

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Speaker 1: putting this out there shows you how serious and by

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Speaker 1: the way, not that I'm a voice of a virtue here,

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Speaker 1: but uh that you can like like they're talking NASCAR

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Speaker 1: and dangerous. Man, I just don't like baseball's being thrown

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Speaker 1: at guys. Well, I just think it's gonna be in

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Speaker 1: the under because simply from the fact baseball is gonna

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Speaker 1: come in and say, all right, I don't think I

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Speaker 1: don't think the players care. Seriously, I don't think the

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Speaker 1: players care. They are livid at the I mean I

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Speaker 1: Aaron Judge tried to be diplomatic for the first thirty

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Speaker 1: seconds he was talking about this, and then he just

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Speaker 1: let it fly. They are you are talking about not

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Speaker 1: only the pictures careers. You're talking about the minor leaguers

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Speaker 1: in Houston that won't get a shot. You're talking about careers.

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Speaker 1: You're talking about guys who work believably hard to be

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Speaker 1: at the top of their craft, to be able to

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Speaker 1: stay and get there and be a major League baseball player.

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Speaker 1: And this is just by the way, did either you

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Speaker 1: see what Mike Trout said? What say? I know Trout

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Speaker 1: was mad. So I'm asking for two reasons. One, I

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Speaker 1: thought his comments were interesting that he lost respect for

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Speaker 1: a lot of his friends, people he thought were his friends.

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Speaker 1: Um and uh. And it's called it sad for baseball.

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Speaker 1: But you know, we've talked about Mike Trout before, specifically,

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Speaker 1: he's the best player in baseball by far, possibly the

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Speaker 1: best player that baseball has ever had. When he speaks,

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Speaker 1: it doesn't resonate in the way that it does when

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Speaker 1: he got more attention when Lebron. Lebron James is the

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Speaker 1: biggest player in another sport got way more attention for

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Speaker 1: addressing this with with less harsh words than Mike Trout, who,

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Speaker 1: in my opinion, should be the voice of the faces

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Speaker 1: of all the base the force, etcetera. Um. So, yeah,

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Speaker 1: Mike Trout has spoken. Nobody seems to have paid too

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Speaker 1: much attention to it. But I did think that was

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Speaker 1: interesting as well. By the way, let me tell you

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Speaker 1: what Lebron James said. He said he would be uncontrollable

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Speaker 1: if he found out someone cheated him out of a title,

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Speaker 1: and he's urging rob Man for it. To listen to

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Speaker 1: the players speaking today about how disgusted, mad, hurt, broken

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Speaker 1: about this and to fix this for the sake, I

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Speaker 1: think he should be pushing that on Tony Clark, Rob Bend.

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Speaker 1: He's got the wrong guy. Yes, owner John Henry, he's

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Speaker 1: trying to play kate the fans because of the Mookie

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Speaker 1: Betts trade, and uh, fans are happy, are not happy

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Speaker 1: at all. And he started out by saying, they're talking

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Speaker 1: about challenges in the off season, and I'll let you

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Speaker 1: guys go. Well, since this is the business of sports,

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Speaker 1: most assumed that this was a salary dump with Mookie

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Speaker 1: Betts and David Price. You're not going to resign him

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Speaker 1: to a ten year, two hundred whatever he's going to

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Speaker 1: command on on the open market. They didn't want to

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Speaker 1: pay that tax coming up. But he's saying no, And

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Speaker 1: this is a guy, by the way, worth almost three

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Speaker 1: billion dollars, saying that's not why we did it. We

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Speaker 1: didn't do it for that. We just thought we get

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Speaker 1: more value this way. And you know he always was

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Speaker 1: a value investor, by the way. Um, well, I mean

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Speaker 1: it's a mindset and the Red Sox have been known

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Speaker 1: for cutting ties with most aging players. You know, you

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Speaker 1: get mid thirties and MOOKI seven right now. No, no,

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Speaker 1: but are you going to give a guy a ten

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Speaker 1: year contract? You're talking about I'm talking about a lot

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Speaker 1: of guys. You are to ten year contract. He's not.

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Speaker 1: The Red Sox tried to me. That was the most

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Speaker 1: illuminating part of his his disguise. I mean, he he

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Speaker 1: was asked at one point, how do you how was

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Speaker 1: this avoidable? Do you have any regrets? And he was like,

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Speaker 1: it's avoidable if we had signed him to a long

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Speaker 1: term deal. And it sounds like, according to reports, they

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Speaker 1: offered him ten million, ten years million, which is but

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Speaker 1: they probably probably wants more than that. And that's there's

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Speaker 1: your value. You have your line in the sand, you

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Speaker 1: have drawn your vet. Can you really be mad at

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Speaker 1: an owner who offered ten three hundred to say that

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Speaker 1: they didn't try to keep him. No, I think that's

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Speaker 1: fair and I and I I think owners should do

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Speaker 1: more of this right. It's clear that Red Sox fans

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Speaker 1: were upset and he felt the need to address them directly. Um.

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Speaker 1: But I think oftentimes owners lose the narrative. Are also often,

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Speaker 1: you know, have fans who don't even understand the position

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Speaker 1: they're taking because they often don't stand there and say, listen,

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Speaker 1: I am going to tell you why this happened. Well,

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Speaker 1: that that was Mark Cuban years ago when he traded

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Speaker 1: away Steve Nash. He knew that Steve was a fan favorite,

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Speaker 1: and he felt like he needed to explain and he

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Speaker 1: took I mean out of three four thousand words whatever

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Speaker 1: it was, and when step by step through the thought

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Speaker 1: process as to why, and he didn't He's like, I

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Speaker 1: know this might not be popular. I know you may

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Speaker 1: disagree with me, but you are owed and explanation as

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Speaker 1: to why. And like you said, I wish more owners

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Speaker 1: would do that. But there's a timing factor. Also excuse

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Speaker 1: me for there's a timing factor about this. Also because

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Speaker 1: this trade came along as all this hooting nanny was

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Speaker 1: going on about the cheating like Mobby Battens in the book.

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Speaker 1: I mean, this came along as the cheating scannedal was

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Speaker 1: going on. And and here you are and you've traded

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Speaker 1: away your best player. It's like if you see your

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Speaker 1: mom and dad, it's about timing. Your mom and dad

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Speaker 1: are sitting in the kitchen and you ask you can

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Speaker 1: we go to the ice cream shop and get some

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Speaker 1: ice cream? Someone might say okay, son. But if you

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Speaker 1: go on the kitchen and you see mom and dad

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Speaker 1: arguing and then you go in there and you ask, hey,

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Speaker 1: let's go to the ice cream shop. There's a timing

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Speaker 1: problem here, That's what happened with this. What do you

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Speaker 1: talk about that again? My mom, Dad's getting yelled at

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Speaker 1: my mom. He says, let's go to the ice cream shop.

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Speaker 1: Let's go everybody. I think that made total sense, And

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Speaker 1: it's a good point because in the wider context right now,

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Speaker 1: the Red Sox had a bad year last year. They

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Speaker 1: missed the playoffs after winning the World Series. Um, they

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Speaker 1: trade away their best player. Fans get upset. There is

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Speaker 1: some kind of revealing information probably coming down the pipe

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Speaker 1: soon from Major League Baseball about sign stealing. I don't

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Speaker 1: know if you saw, but the CEO of the club said,

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Speaker 1: ticket sales right now versus what they were last year,

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Speaker 1: they usually renew eight nine percent of their season tickets.

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Speaker 1: They're expecting low eighties or below that. Um, there is

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Speaker 1: a chance that all these factors, and who knows what

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Speaker 1: the main one is, but all these things could have

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Speaker 1: a significant business effect on the Red Sox. And as

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Speaker 1: you think about what that might mean long term, that

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Speaker 1: actually might mean less spending in the future. Let's move

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Speaker 1: on Manchester City talking about soccer speaking of not less spending. Yeah,

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Speaker 1: but we could segue in that John Henry owns Liverpool

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Speaker 1: rival Man City in the EPL. Their problem isn't not

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Speaker 1: enough spending, thank you, Ben Kevin Bacon watches whatever any now,

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Speaker 1: but I mean they have been suspended but for two

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Speaker 1: seasons now, two seasons the Champions League and if you

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Speaker 1: don't know, that's where they make some big bucks. And

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Speaker 1: this is all about financial fair play and they have

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Speaker 1: been deemed to have run a foul of the rules. Yeah,

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Speaker 1: so for folks who don't understand exactly what financial fair

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Speaker 1: play means. You know, back in two thousand eleven, when

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Speaker 1: soccer teams were spending crazy amounts of money. Um, you know,

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Speaker 1: European soccer implemented a rule essentially that said that you

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Speaker 1: can't spend more than you make, you know, to prevent

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Speaker 1: you from having a multi multi billionaire owner who comes

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Speaker 1: in and buys all the best players and you win everything.

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Speaker 1: And they were having by the way, like that would

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Speaker 1: also be like like one pocket paying the other pockets

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Speaker 1: sometimes if you had, like the Qatari Fund a sponsor. Yeah, absolutely, um,

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Speaker 1: and and so you know there's always been you know,

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Speaker 1: rumors accusations, maybe some evidence that some clubs were essentially goosing,

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Speaker 1: as Scott said, goosing their sponsorship numbers as a way

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Speaker 1: of being able to put more money into investing in players.

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Speaker 1: And Man City has always been kind of at the

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Speaker 1: front of these accusations. And you know, according to UEFA,

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Speaker 1: which is the governing body for European soccer, they claim

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Speaker 1: that they have enough evidence to say that you know,

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Speaker 1: they were they were lying about their accounting and as

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Speaker 1: a result two year band from Champions League three third

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Speaker 1: thirty million euro fine, which is pennies compared to the

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Speaker 1: money that they are going to lose out on if

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Speaker 1: they don't end up playing in the Champions League. They're

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Speaker 1: gonna appeal the ruling for sure. So you know, this

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Speaker 1: is not the end of it. And Man City has,

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Speaker 1: you know, pretty full throatedly you know, defended itself at

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Speaker 1: least for now, um, but you know, a massive, massive

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Speaker 1: ruling that could have huge financial Like Man City also

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Speaker 1: has the tentacles around the world, that's ny CFC, That's

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Speaker 1: City Football Club. Yeah, that that brand extends around the world.

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Speaker 1: Just to put that money in perspective real quick, the

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Speaker 1: winner of the Champions League I believe this year is

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Speaker 1: going to clear almost ninety million dollars, you know, and

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Speaker 1: if you that's all on a tier basis. So if

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Speaker 1: Man City, let's just say they were going to make

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Speaker 1: it to the quarterfinals, right, that's way more than the

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Speaker 1: thirty million million euros that they're being fined as a

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Speaker 1: result of this. So two years of that is a

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Speaker 1: pretty big one. And let's also not forget you know,

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Speaker 1: they have players, and they have a coach, Pep Guardiola,

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Speaker 1: who you know, it's not gonna love the idea of

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Speaker 1: not play playing on or the coaching on a team.

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Speaker 1: That's so yeah, I think it's reasonable to think that

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Speaker 1: if this band gets upheld, you lose your coach and

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Speaker 1: you may lose players as well. Man City CEO Farren's Rihano.

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Speaker 1: He has denied the claims. He said, luck, these allegations

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Speaker 1: are simply not true. Okay, we'll see, Yeah, we'll see

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Speaker 1: how that works out. You've been listening to the Bloomberg

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Speaker 1: Business of Sports podcast, and we're here every Monday, Wednesday

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Speaker 1: and Thursday for you talking about some of the biggest

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Speaker 1: sports issues and the biggest names in sports. You can

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Speaker 1: catch me on Twitter at Big Bar Sports you can

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Speaker 1: catch me on Twitter at sash and you can catch

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Speaker 1: me at nov Underscore. Williams join us again at the

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Speaker 1: end of the week. We're speaking with Bob Aram boxing promoter.

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Speaker 1: He's got a big heavyweight fight coming up. It's a

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Speaker 1: good conversation. I gotta ask Fury or Wilder since I've

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Speaker 1: never seen either one of these guys throw a punch.

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Speaker 1: I will yield to Mr Nova Underscore. Williams. I picked

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Speaker 1: Fury for the name. It's a great, great name. Now

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Speaker 1: I now I have a buddy who is an avid

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Speaker 1: boxing fan and he's picking Wilder. The reason why he's

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Speaker 1: picking Wilder is because in the last fight, I guess

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Speaker 1: Fury got a bad cut and he doesn't think it's

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Speaker 1: healed properly. Williams shill be that punch. That was something

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Speaker 1: and if by the way up stick, let's stick around

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Speaker 1: for the interview. I'm gonna tell you Evan IV and

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Speaker 1: Williams and I got a little news out of Barbara

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Speaker 1: that they've already agreed to a third fight. Might not happen,

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Speaker 1: but the terms are set for round three now and again,

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Speaker 1: my my buddy, you know I'm gonna give him a

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Speaker 1: shout out Mark Burt grew up with him as a friend,

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Speaker 1: and he says that if the fight happens and Fury loses,

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Speaker 1: that that that's going to be the end of it,

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Speaker 1: and it's going to go on to the even bigger fight.

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Speaker 1: They've already agreed for round three, third fight, already in

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Speaker 1: the book, so we'll see. All right, kick us out

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Speaker 1: of the show. All right, you've been listening to the

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Speaker 1: Bloomberg Business of Sports podcast, and you can catch our

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Speaker 1: show wherever you get your problems