1 00:00:00,280 --> 00:00:03,560 Speaker 1: This is the business of sports where in the situation 2 00:00:03,640 --> 00:00:06,400 Speaker 1: that we haven't dealt with in modern times, pandemic here 3 00:00:06,440 --> 00:00:10,479 Speaker 1: has really accelerated the investments that we've been advocating for 4 00:00:10,480 --> 00:00:12,880 Speaker 1: for years. From a macro standpoint, I think our sport 5 00:00:12,920 --> 00:00:16,360 Speaker 1: industry is really forced to look at the business a 6 00:00:16,440 --> 00:00:19,639 Speaker 1: little bit differently. In depth conversations with the leaders in 7 00:00:19,720 --> 00:00:22,759 Speaker 1: the sports industry. Who wants to be the sacrificial lambs 8 00:00:22,800 --> 00:00:25,599 Speaker 1: that shows up at the first big major sporting event. 9 00:00:25,680 --> 00:00:27,640 Speaker 1: Were part of something much bigger than the sport right 10 00:00:27,680 --> 00:00:30,120 Speaker 1: now and the health and daptry of our stakeholders, the 11 00:00:30,160 --> 00:00:32,839 Speaker 1: BOKS much important every moment. I think we're all from 12 00:00:32,840 --> 00:00:35,560 Speaker 1: the business respective thinking about the impact that the virus 13 00:00:35,600 --> 00:00:38,479 Speaker 1: is having on across the country against Bloomberg Business of 14 00:00:38,520 --> 00:00:42,360 Speaker 1: Sports from Bloomberg Radio. Hello, I'm Jason Kelly and Mike Lynch, 15 00:00:42,560 --> 00:00:44,080 Speaker 1: and over the next hour we're going to explore the 16 00:00:44,080 --> 00:00:46,920 Speaker 1: big money issues in the world of sports. Talked to 17 00:00:46,960 --> 00:00:50,000 Speaker 1: one of the biggest players in the industry this week. 18 00:00:50,600 --> 00:00:54,320 Speaker 1: It's beIN Capital co chairman and Boston Celtics owner Steve Holuka. 19 00:00:54,440 --> 00:00:58,760 Speaker 1: He joined us from the Bubble down in Orlando in 20 00:00:58,800 --> 00:01:03,560 Speaker 1: the midst of a belated but very exciting NBHA season. 21 00:01:03,760 --> 00:01:08,040 Speaker 1: So that's straight ahead. But Lynch, let's talk a little 22 00:01:08,040 --> 00:01:10,640 Speaker 1: bit about what's been going on. Staying on the NBA 23 00:01:10,720 --> 00:01:15,560 Speaker 1: for a second, I have been glued to the NBA playoffs. 24 00:01:15,680 --> 00:01:20,440 Speaker 1: The quality of basketball has been unmatched. These guys are 25 00:01:20,560 --> 00:01:23,160 Speaker 1: just dazzling me every night. I mean, how they're able 26 00:01:23,200 --> 00:01:25,080 Speaker 1: to up and down and up and down. And I 27 00:01:25,120 --> 00:01:27,080 Speaker 1: think that the key of this whole thing is the 28 00:01:27,120 --> 00:01:29,560 Speaker 1: wear and tear of getting on an airplane and traveling, 29 00:01:29,680 --> 00:01:33,480 Speaker 1: especially now that you're getting into conference, you know, championships. 30 00:01:33,600 --> 00:01:36,000 Speaker 1: I mean, you know, l A would have to fly 31 00:01:36,080 --> 00:01:38,160 Speaker 1: to Denver and back and forth, and Boston have to 32 00:01:38,160 --> 00:01:40,400 Speaker 1: fly the whole East Coast down to Miami and back 33 00:01:40,400 --> 00:01:42,600 Speaker 1: and forth. And I think that's been one of the 34 00:01:42,680 --> 00:01:46,319 Speaker 1: key reasons you're seeing such quality basketball and fresh legs, 35 00:01:46,440 --> 00:01:48,760 Speaker 1: especially in the fourth quarter. Yeah, and we get into 36 00:01:48,800 --> 00:01:51,040 Speaker 1: this a little later on in the conversation with step 37 00:01:51,080 --> 00:01:53,240 Speaker 1: alou Got. I mean things are going to change a 38 00:01:53,240 --> 00:01:54,680 Speaker 1: little bit. I mean some of it is going to 39 00:01:54,760 --> 00:01:57,920 Speaker 1: be by necessity in terms of the virus we're still 40 00:01:57,960 --> 00:02:00,680 Speaker 1: going to be wrestling with when the next season and starts, 41 00:02:00,720 --> 00:02:03,560 Speaker 1: and he has some thoughts about where we may end 42 00:02:03,640 --> 00:02:06,720 Speaker 1: up there, although it's still so up up in the 43 00:02:06,720 --> 00:02:09,600 Speaker 1: air day to day, as you'll hear him say, but 44 00:02:10,000 --> 00:02:12,160 Speaker 1: I have to think, just like with the rest of 45 00:02:12,160 --> 00:02:15,200 Speaker 1: our lives, a lot of things are going to stick. 46 00:02:15,520 --> 00:02:19,359 Speaker 1: Let's talk a little NFL if we can. Again. So far, 47 00:02:19,800 --> 00:02:24,120 Speaker 1: so good, and we've seen some good games. Although interestingly, 48 00:02:24,400 --> 00:02:27,600 Speaker 1: in contrast to what we're talking about with the NBA, 49 00:02:28,120 --> 00:02:30,760 Speaker 1: a huge raft of injuries in week two well, and 50 00:02:30,800 --> 00:02:33,880 Speaker 1: a lot of the doctors that I've been reading about 51 00:02:33,919 --> 00:02:36,880 Speaker 1: and I talked to one orthopedic surgeon says that that 52 00:02:37,040 --> 00:02:39,400 Speaker 1: is because of the lack of O. T a S. 53 00:02:39,680 --> 00:02:45,119 Speaker 1: Mini camps and preseason football games, which the veterans abhor. 54 00:02:45,160 --> 00:02:48,280 Speaker 1: They they hate preseason games. The only guys that like him, 55 00:02:48,280 --> 00:02:50,600 Speaker 1: whether rookies and the coaches, because it's the only time 56 00:02:50,639 --> 00:02:52,920 Speaker 1: you can see them in real game situations. So many 57 00:02:52,919 --> 00:02:55,920 Speaker 1: people can be can be stars in practice, but just 58 00:02:56,040 --> 00:02:58,079 Speaker 1: duds when the lights go on and they play against 59 00:02:58,080 --> 00:03:01,040 Speaker 1: somebody in a different color uniform. Um, but I get, 60 00:03:01,120 --> 00:03:03,920 Speaker 1: you know. The consensus seems to be that the lack 61 00:03:03,960 --> 00:03:07,000 Speaker 1: of all this proper training and build up and exercise 62 00:03:07,080 --> 00:03:09,640 Speaker 1: and and practice and O t S is the result 63 00:03:09,680 --> 00:03:11,639 Speaker 1: of some of these injuries. And it's too bad because 64 00:03:11,919 --> 00:03:14,239 Speaker 1: you know, there's some real stars that have been knocked out. 65 00:03:14,360 --> 00:03:17,880 Speaker 1: You know, Joe Bosa went down and h Yeah, Barkley 66 00:03:17,919 --> 00:03:21,120 Speaker 1: went down. Christian McCaffrey is is out for at least 67 00:03:21,120 --> 00:03:23,720 Speaker 1: a month. You know, it's interesting. If you're on our 68 00:03:23,760 --> 00:03:26,880 Speaker 1: podcast feed, you can check out Rich Truman and Damien Sassar. 69 00:03:26,960 --> 00:03:29,560 Speaker 1: I caught up with them this week for our UM 70 00:03:29,680 --> 00:03:34,040 Speaker 1: Fantasy Picks and Rich Truman was saying on that pod 71 00:03:34,560 --> 00:03:37,440 Speaker 1: that s Quon Barkley and Christian McCaffrey were in many 72 00:03:37,800 --> 00:03:41,640 Speaker 1: drafts the top two players taken. So for you fantasy 73 00:03:41,640 --> 00:03:44,400 Speaker 1: players out there, that's not good news. You're having to 74 00:03:44,600 --> 00:03:46,760 Speaker 1: scramble a bit. Let's talk a little bit about college 75 00:03:46,760 --> 00:03:50,160 Speaker 1: football if we can. It's sort of back in action, 76 00:03:50,320 --> 00:03:54,600 Speaker 1: but fits and starts more than we've seen probably in 77 00:03:54,640 --> 00:03:57,880 Speaker 1: any other sport. More well, Notre Dame has to postponent's 78 00:03:57,920 --> 00:04:01,080 Speaker 1: game against Wake Forest because of a number of positive 79 00:04:01,080 --> 00:04:04,640 Speaker 1: COVID cases. And that was the big fear with college 80 00:04:04,680 --> 00:04:09,200 Speaker 1: sports that the unlike professional who are going home to 81 00:04:09,240 --> 00:04:12,839 Speaker 1: an apartment and maybe a wife or a girlfriend. Um, 82 00:04:12,920 --> 00:04:15,600 Speaker 1: these guys are going back to dorm rooms and long 83 00:04:15,680 --> 00:04:18,400 Speaker 1: gone on the days when college campus has had dormitory 84 00:04:18,520 --> 00:04:21,599 Speaker 1: strictly for the football players, so that those of have 85 00:04:21,720 --> 00:04:25,200 Speaker 1: been blown apart. They lived with the general populists on campus. 86 00:04:25,720 --> 00:04:28,599 Speaker 1: And you know, it's it wasn't It was only just 87 00:04:28,640 --> 00:04:31,760 Speaker 1: a matter of time for some member of some team 88 00:04:31,800 --> 00:04:34,159 Speaker 1: to become infected and spread it, and Notre Dame is 89 00:04:34,320 --> 00:04:36,799 Speaker 1: paying the price for it. I'm surprised it hasn't happened 90 00:04:36,800 --> 00:04:38,960 Speaker 1: to more teams, although the University of Houston has had 91 00:04:39,000 --> 00:04:43,039 Speaker 1: four openers postponed because their opponent had too many players 92 00:04:43,120 --> 00:04:45,960 Speaker 1: tested positive. Yeah, I think we're gonna limp to the 93 00:04:45,960 --> 00:04:50,000 Speaker 1: finish year with college. I mean, we talked on the 94 00:04:50,560 --> 00:04:52,480 Speaker 1: we talked to the program last week about the Big 95 00:04:52,480 --> 00:04:56,640 Speaker 1: Ten essentially buckling and figuring it out pact well following. 96 00:04:56,839 --> 00:04:58,880 Speaker 1: You know, there was a lot of pressure. There's a 97 00:04:58,920 --> 00:05:02,320 Speaker 1: lot of economic pressure or as we talked about last week. 98 00:05:02,520 --> 00:05:06,680 Speaker 1: But the reality of this virus, it doesn't care about economics, 99 00:05:06,720 --> 00:05:10,279 Speaker 1: and it doesn't care about whether you need to make 100 00:05:10,320 --> 00:05:13,360 Speaker 1: money for your school or community or whatever it is. 101 00:05:13,480 --> 00:05:17,359 Speaker 1: So it is going to be something very very tricky 102 00:05:17,600 --> 00:05:20,800 Speaker 1: to watch. And Lynchy I guess even though fewer and 103 00:05:20,880 --> 00:05:24,120 Speaker 1: fewer people seem to care about it, baseball is still playing, 104 00:05:24,200 --> 00:05:27,440 Speaker 1: which is kind of incredible, if I do say so myself. 105 00:05:27,520 --> 00:05:29,520 Speaker 1: How did you bring that up? Because you're Atlanta Braves 106 00:05:29,520 --> 00:05:33,039 Speaker 1: have clinched the National League East. Listen, I take, I 107 00:05:33,120 --> 00:05:35,480 Speaker 1: take any win I can get. You're you're gonna hear 108 00:05:35,600 --> 00:05:38,760 Speaker 1: later on in the show, dear audience, a little some 109 00:05:38,839 --> 00:05:42,080 Speaker 1: contretemps between me and these two Boston guys who would 110 00:05:42,080 --> 00:05:45,920 Speaker 1: gang up on me and all that good stuff. But yeah, baseball, Hey, 111 00:05:45,960 --> 00:05:47,919 Speaker 1: it's happening. Hey, you know what, I'm happy for the 112 00:05:47,920 --> 00:05:50,280 Speaker 1: people in Tampa Bay. They win the American League East 113 00:05:50,279 --> 00:05:52,200 Speaker 1: over the Mighty Yankees, who would have thought it right 114 00:05:52,200 --> 00:05:55,560 Speaker 1: In Chicago, White Sox on battling it out with Minnesota, 115 00:05:55,600 --> 00:05:58,200 Speaker 1: in Cleveland in the Central, the Oakland Ave's with the 116 00:05:58,240 --> 00:06:01,279 Speaker 1: lowest payroll winning in the National in the American League West, 117 00:06:01,600 --> 00:06:03,880 Speaker 1: and then right now you get six teams going into 118 00:06:03,920 --> 00:06:06,040 Speaker 1: the weekend. This is being taped on a Thursday morning. 119 00:06:06,320 --> 00:06:09,799 Speaker 1: Six teams are fighting for four National League playoff spots. 120 00:06:10,320 --> 00:06:12,960 Speaker 1: The bad news for baseball is that we're in the 121 00:06:13,080 --> 00:06:15,479 Speaker 1: knee deep and with a lot of interest in in 122 00:06:15,680 --> 00:06:19,279 Speaker 1: um the National Football League. Right now, the NBA Conference 123 00:06:19,320 --> 00:06:21,960 Speaker 1: finals are going on, the Stanley Cup Finals are going on, 124 00:06:22,440 --> 00:06:24,719 Speaker 1: and I just think baseball is going to finish a 125 00:06:24,800 --> 00:06:27,280 Speaker 1: distant and in terms of viewership, is going to finish 126 00:06:27,560 --> 00:06:31,240 Speaker 1: distant distantly. Last I think you're right. I think you're 127 00:06:31,400 --> 00:06:34,120 Speaker 1: I I have not heard. I mean, I talk and 128 00:06:34,240 --> 00:06:37,880 Speaker 1: think a lot about sports every day, and I cannot 129 00:06:37,920 --> 00:06:41,640 Speaker 1: tell you how little baseball has come up just in 130 00:06:41,800 --> 00:06:45,920 Speaker 1: the day to day conversation. One uh standout I will 131 00:06:46,000 --> 00:06:48,919 Speaker 1: mention because he's been a guest on this program, Trevor 132 00:06:48,960 --> 00:06:53,360 Speaker 1: Bauer is having a heck of a season and is 133 00:06:53,360 --> 00:06:55,760 Speaker 1: is not the front runner, but is certainly in that 134 00:06:55,920 --> 00:07:00,360 Speaker 1: top cohort of potential cy young winners there, and he 135 00:07:00,520 --> 00:07:03,360 Speaker 1: is he is just shooting the lights up. He's a 136 00:07:03,400 --> 00:07:05,960 Speaker 1: fascinating guy. In his Cincinnati Reds are certainly in a 137 00:07:06,000 --> 00:07:08,480 Speaker 1: hunt for one of those wild card spots. And who 138 00:07:08,560 --> 00:07:11,000 Speaker 1: knew the Miami Marlins, you know, and I thought they 139 00:07:11,000 --> 00:07:13,160 Speaker 1: were going to take the whole league down, and here 140 00:07:13,200 --> 00:07:15,920 Speaker 1: they are, here they are in the playoffs. It just 141 00:07:15,960 --> 00:07:18,560 Speaker 1: shows it's not how you start, it's how you finished. 142 00:07:18,960 --> 00:07:22,600 Speaker 1: Today we're speaking with someone very familiar to both of us, 143 00:07:23,000 --> 00:07:25,679 Speaker 1: and that is Bank Capitol co chairman Boston Celtics owner 144 00:07:25,800 --> 00:07:29,360 Speaker 1: Steve Palauka. Steve, I'm so excited we're getting to do this. 145 00:07:29,560 --> 00:07:31,559 Speaker 1: It's such the perfect time to talk to you because 146 00:07:31,560 --> 00:07:34,480 Speaker 1: you have been in the midst of so many things. 147 00:07:34,480 --> 00:07:36,560 Speaker 1: How are you and I'm good, I'm good. It's great 148 00:07:36,600 --> 00:07:39,120 Speaker 1: to be here. Well, we should point out that for 149 00:07:39,120 --> 00:07:40,800 Speaker 1: those of you listening on the weekend, we're taping this 150 00:07:40,920 --> 00:07:44,520 Speaker 1: on Thursday morning, September, so we're gonna stay away from 151 00:07:44,560 --> 00:07:46,800 Speaker 1: the ins and outs of where the series with the 152 00:07:46,800 --> 00:07:49,760 Speaker 1: Heat stands right now and really focus on kind of 153 00:07:49,800 --> 00:07:52,800 Speaker 1: where we've been in this bubble and some of the 154 00:07:52,880 --> 00:07:55,920 Speaker 1: lessons that Steve has learned throughout that, and also some 155 00:07:56,000 --> 00:07:59,640 Speaker 1: of the work that he's been doing in Boston. Let's start, 156 00:08:00,080 --> 00:08:04,120 Speaker 1: is this bubble, Steve, for you as an owner, for 157 00:08:04,160 --> 00:08:07,440 Speaker 1: you as someone who cares about your team and your 158 00:08:07,480 --> 00:08:11,200 Speaker 1: players and your staff, what has this been like, what's 159 00:08:11,200 --> 00:08:14,640 Speaker 1: the experience been like for you? Well, it's definitely very 160 00:08:14,720 --> 00:08:18,000 Speaker 1: unique that Adam Silver in the NBA have done a 161 00:08:18,000 --> 00:08:22,040 Speaker 1: fantastic job. They've created a I'm down here, I'm down 162 00:08:22,080 --> 00:08:23,960 Speaker 1: here in the in the secondary bubble, right now they 163 00:08:23,960 --> 00:08:28,520 Speaker 1: have separate bubble for the UH people coming from the 164 00:08:28,800 --> 00:08:32,800 Speaker 1: from the investor group to see the game. UM. But 165 00:08:33,240 --> 00:08:36,079 Speaker 1: they've done an amazing job in terms of really protecting 166 00:08:36,120 --> 00:08:38,920 Speaker 1: the players, and they won all the discussions of the 167 00:08:38,920 --> 00:08:41,560 Speaker 1: border governor's meetings were you know, can we reopen the 168 00:08:41,600 --> 00:08:46,480 Speaker 1: season safely? And and basically, uh, you know they've they've 169 00:08:46,600 --> 00:08:49,319 Speaker 1: so far, knock on wood, they've they've done that. Steve, 170 00:08:49,320 --> 00:08:50,920 Speaker 1: tell me what you go through down there in the 171 00:08:50,960 --> 00:08:53,640 Speaker 1: secondary bubble on a daily basis from the moment you 172 00:08:53,679 --> 00:08:55,960 Speaker 1: wake up and you want to like leave your your room. 173 00:08:56,679 --> 00:08:59,959 Speaker 1: What what are all the protocols? Well, before you come 174 00:09:00,040 --> 00:09:02,920 Speaker 1: down here, you have to get tested UM in your 175 00:09:02,920 --> 00:09:06,280 Speaker 1: home city of a PCR test, which is gold standard 176 00:09:06,880 --> 00:09:10,040 Speaker 1: most accurate test and UH. And then if you pass 177 00:09:10,120 --> 00:09:14,559 Speaker 1: that test, you you fly down here and then as 178 00:09:14,559 --> 00:09:18,120 Speaker 1: soon as you get to the designated hotel, they have 179 00:09:18,160 --> 00:09:21,760 Speaker 1: a testing center set up and you get tested again 180 00:09:22,559 --> 00:09:25,959 Speaker 1: UM before you can go to the game. So so, 181 00:09:26,080 --> 00:09:29,400 Speaker 1: and then every subsequent day you get tested UM. The 182 00:09:29,520 --> 00:09:31,600 Speaker 1: first the day before the game for the PCR test, 183 00:09:31,679 --> 00:09:33,160 Speaker 1: and then you get an answered test to day of 184 00:09:33,240 --> 00:09:36,600 Speaker 1: the game, and then when you go to the game uh, 185 00:09:36,760 --> 00:09:40,280 Speaker 1: they have. They have the Disney facility have separate pathways 186 00:09:40,320 --> 00:09:45,680 Speaker 1: and they put glass up between the stands and the 187 00:09:45,720 --> 00:09:49,720 Speaker 1: court again to protected players from from from any any 188 00:09:49,760 --> 00:09:53,080 Speaker 1: kind of risk. And then the primary bubble. Life in 189 00:09:53,080 --> 00:09:57,840 Speaker 1: the primary bubble is daily testing. Unfortunately, given the stage 190 00:09:57,920 --> 00:10:00,079 Speaker 1: right right now, the families have families and families have 191 00:10:00,200 --> 00:10:02,920 Speaker 1: come down. Um, it's a tough process. They have to 192 00:10:03,000 --> 00:10:05,160 Speaker 1: quarantine in a hotel for seven days. You can't leave 193 00:10:05,200 --> 00:10:08,160 Speaker 1: your hotel room for seven days, and you get tests 194 00:10:08,160 --> 00:10:10,480 Speaker 1: every day and if you're if you get seven you 195 00:10:10,480 --> 00:10:13,320 Speaker 1: can take executive negative tests. Then then you can go 196 00:10:13,360 --> 00:10:15,800 Speaker 1: into the into the primary bubble. So that's how they've 197 00:10:15,840 --> 00:10:17,920 Speaker 1: kind of worked it out. So what's it like watching 198 00:10:17,920 --> 00:10:19,880 Speaker 1: a game? I mean, you know, you're used to sort 199 00:10:19,920 --> 00:10:22,960 Speaker 1: of so being in the mix and you and Lynch 200 00:10:22,960 --> 00:10:25,000 Speaker 1: you know better than I do, sort of the general 201 00:10:25,080 --> 00:10:28,959 Speaker 1: rowdiness that comes from a Celtics game and the fans 202 00:10:29,000 --> 00:10:31,480 Speaker 1: are such a big part of it, so devoted. What 203 00:10:31,679 --> 00:10:35,400 Speaker 1: is it like watching you know from this distance, it's 204 00:10:35,400 --> 00:10:37,920 Speaker 1: a little bit like watching a game in the studio. 205 00:10:38,559 --> 00:10:40,320 Speaker 1: They've done a very nice job with the court and 206 00:10:40,440 --> 00:10:43,760 Speaker 1: lighting and actually I think they've created it as best 207 00:10:43,840 --> 00:10:47,120 Speaker 1: as you can a game atmosphere, the having the fans 208 00:10:47,200 --> 00:10:49,959 Speaker 1: virtually there from each team on home games, it actually 209 00:10:50,040 --> 00:10:53,480 Speaker 1: actually makes a difference. And on television, I think it's 210 00:10:53,480 --> 00:10:56,120 Speaker 1: a great it's a great television product, and the same 211 00:10:56,160 --> 00:10:59,079 Speaker 1: intensity is there. We just don't have the surgeon crowd 212 00:10:59,120 --> 00:11:00,920 Speaker 1: that we would have, you know, up in the Boston 213 00:11:00,920 --> 00:11:04,400 Speaker 1: Garden um. So I guess that, you know, we're just 214 00:11:04,800 --> 00:11:07,920 Speaker 1: we're just happy to be able to see the team live, 215 00:11:07,960 --> 00:11:09,960 Speaker 1: and they set up those procedures to do that. But 216 00:11:10,040 --> 00:11:13,240 Speaker 1: it is definitely a different experience than being at the garden. 217 00:11:13,640 --> 00:11:16,200 Speaker 1: Are you allowed to interact with Brad Stevens and his 218 00:11:16,200 --> 00:11:18,480 Speaker 1: staff or any of the players? Are are are used? 219 00:11:18,840 --> 00:11:21,559 Speaker 1: This is this secondary bubble mean exactly what it implies 220 00:11:21,559 --> 00:11:24,000 Speaker 1: that you stay away from them. We're totally screened off 221 00:11:24,000 --> 00:11:26,439 Speaker 1: from them. We can wave to them through the glass. 222 00:11:26,760 --> 00:11:28,520 Speaker 1: It's a little bit, you know, watching the games, a 223 00:11:28,520 --> 00:11:30,680 Speaker 1: little bit like watching a game inside of fish tank. 224 00:11:31,240 --> 00:11:33,839 Speaker 1: You know, they've they've they've got eight foot rows of 225 00:11:33,880 --> 00:11:37,160 Speaker 1: glass is probably half an inch thick, uh, kind of 226 00:11:37,200 --> 00:11:39,400 Speaker 1: you know, kind of like to do in hockey, but 227 00:11:39,480 --> 00:11:42,280 Speaker 1: even even taller. But it's a good view. It's it's 228 00:11:42,360 --> 00:11:44,360 Speaker 1: it's a really good view. So so we waved to them, 229 00:11:44,600 --> 00:11:46,599 Speaker 1: uh you know, from from here, and we talked to 230 00:11:46,640 --> 00:11:49,360 Speaker 1: them on the phone every day. But there's there's zero 231 00:11:49,400 --> 00:11:52,320 Speaker 1: interaction between anybody on the outside of the bubble and 232 00:11:52,440 --> 00:11:56,360 Speaker 1: within the bubble. And so Steve, the product you mentioned, 233 00:11:56,400 --> 00:11:59,240 Speaker 1: I mean, I have to say, just as a as 234 00:11:59,240 --> 00:12:01,959 Speaker 1: an observer, as a fan who's been glued to my TV, 235 00:12:02,640 --> 00:12:07,000 Speaker 1: it is pretty amazing the quality of the product, which 236 00:12:07,080 --> 00:12:10,320 Speaker 1: I have to think ultimately, since we are talking about 237 00:12:10,320 --> 00:12:14,520 Speaker 1: the business of sports, is good for business to some extent. 238 00:12:14,559 --> 00:12:17,680 Speaker 1: I mean, people have been watching, Yeah, it's it's it's 239 00:12:17,720 --> 00:12:22,680 Speaker 1: really crushed the eighteen to demo and it is a 240 00:12:22,679 --> 00:12:26,199 Speaker 1: great product on television, and it's not the same as 241 00:12:26,240 --> 00:12:28,160 Speaker 1: being in a stadium, but they've got to be very, 242 00:12:28,240 --> 00:12:31,800 Speaker 1: very close. And what I really enjoyed is the intensity 243 00:12:31,800 --> 00:12:34,240 Speaker 1: of the games is right up there with any playoff 244 00:12:34,280 --> 00:12:37,800 Speaker 1: basketball I've ever seen. Interestingly, I've been here many many 245 00:12:37,800 --> 00:12:40,280 Speaker 1: times before at the Disney facility. I had three sons 246 00:12:40,280 --> 00:12:44,720 Speaker 1: play AU basketball and a couple of those teams reached 247 00:12:45,000 --> 00:12:48,120 Speaker 1: the Final sixteen or Final four. So we were here 248 00:12:48,160 --> 00:12:51,040 Speaker 1: in August for probably a period of five or six 249 00:12:51,120 --> 00:12:53,800 Speaker 1: years in a row. As they all came up playing 250 00:12:53,920 --> 00:12:57,120 Speaker 1: playing a U and high school and college basketball. So 251 00:12:57,160 --> 00:12:58,839 Speaker 1: I've spent a lot of time in the Disney, but 252 00:12:58,880 --> 00:13:02,040 Speaker 1: they really transformed this so it's a it's a world 253 00:13:02,040 --> 00:13:05,720 Speaker 1: class site. The players, you're playing with great intensity and 254 00:13:05,920 --> 00:13:09,000 Speaker 1: uh it's true, you know, kind of pure basketball out there. 255 00:13:09,280 --> 00:13:12,760 Speaker 1: And it's interesting. The home crowd advantage really has been 256 00:13:12,800 --> 00:13:14,880 Speaker 1: taken away. I think most of the games we've won, 257 00:13:15,000 --> 00:13:17,480 Speaker 1: we've been We've been the away team when we've won 258 00:13:17,960 --> 00:13:20,680 Speaker 1: most of our games, which is interesting. It kind of 259 00:13:20,760 --> 00:13:23,400 Speaker 1: is a leveling of the advantage of the playoffs and 260 00:13:23,480 --> 00:13:25,040 Speaker 1: it's given a lot of a lot of teams a 261 00:13:25,080 --> 00:13:27,400 Speaker 1: shot to win. Yeah, I mean this is truly Whoever 262 00:13:27,440 --> 00:13:29,440 Speaker 1: the champion is coming out of this thing will be 263 00:13:29,480 --> 00:13:31,640 Speaker 1: the best team in home courts will have nothing to 264 00:13:31,640 --> 00:13:33,920 Speaker 1: do with Let me ask you about this. The teams 265 00:13:33,960 --> 00:13:36,120 Speaker 1: down there for more than two months, there's a lot 266 00:13:36,160 --> 00:13:41,040 Speaker 1: of expenses, housing, meals, transportation. Who foots the bill for 267 00:13:41,080 --> 00:13:43,280 Speaker 1: all this? To the team split it as a strictly 268 00:13:43,320 --> 00:13:46,040 Speaker 1: picked up by the NBA. Well, the teams are the NBA, 269 00:13:46,160 --> 00:13:49,160 Speaker 1: so it basically comes out of the out of the revenue. 270 00:13:49,280 --> 00:13:53,360 Speaker 1: You know, the national revenue pool and so it's being 271 00:13:53,360 --> 00:13:56,520 Speaker 1: shared equally by the by the thirty teams, and we 272 00:13:56,640 --> 00:13:59,679 Speaker 1: really wanted to continue the season, and I think Adam 273 00:13:59,800 --> 00:14:02,200 Speaker 1: Will did every possible alternative and this was the you know, 274 00:14:02,240 --> 00:14:03,800 Speaker 1: the really the best, the best way to do that. 275 00:14:03,880 --> 00:14:08,679 Speaker 1: And they did spare no expense with the testing the facilities. 276 00:14:09,080 --> 00:14:11,160 Speaker 1: They've just done a world credit class job down here. 277 00:14:11,360 --> 00:14:13,440 Speaker 1: And it's it's been tough and thank god the families 278 00:14:13,480 --> 00:14:15,840 Speaker 1: are there now. It's been tough on the players to 279 00:14:15,880 --> 00:14:18,680 Speaker 1: be away from their families was so long and be 280 00:14:19,520 --> 00:14:21,920 Speaker 1: kind kind of kind of isolated. It's it's a it's 281 00:14:21,960 --> 00:14:25,120 Speaker 1: a it's a very wonderful facility, but you can go 282 00:14:25,400 --> 00:14:28,040 Speaker 1: stir crazy day after day being being in the same place. 283 00:14:28,040 --> 00:14:30,520 Speaker 1: Even in the secondary bubble, it gets you know, in 284 00:14:30,560 --> 00:14:33,560 Speaker 1: the lockdown, it gets old. So, Steve, you've been doing 285 00:14:33,560 --> 00:14:36,160 Speaker 1: this for a few years now, this whole owning a 286 00:14:36,200 --> 00:14:38,440 Speaker 1: team thing. What have you learned. What's been the most 287 00:14:38,480 --> 00:14:41,240 Speaker 1: interesting thing you've taken away so far? Well, that's Jason, 288 00:14:41,280 --> 00:14:43,840 Speaker 1: that's a good question. Um, it's been been close to 289 00:14:43,840 --> 00:14:48,040 Speaker 1: twenty years now, and it seems like yesterday. I think 290 00:14:48,280 --> 00:14:51,400 Speaker 1: what I've learned is is the passion for the Boston 291 00:14:51,480 --> 00:14:56,200 Speaker 1: Celtics and the sports. The Boston is is just wonderful. 292 00:14:57,000 --> 00:14:59,040 Speaker 1: Um it has a lot of ups and downs. You know, 293 00:14:59,040 --> 00:15:00,840 Speaker 1: when when when you and it's great and when you 294 00:15:00,880 --> 00:15:04,200 Speaker 1: lose it, it's tough. But I think I would learn. 295 00:15:04,760 --> 00:15:07,680 Speaker 1: The biggest thing I learned is how hard our players 296 00:15:07,840 --> 00:15:11,840 Speaker 1: and coaches work at this craft. I don't think that 297 00:15:11,960 --> 00:15:15,360 Speaker 1: I had an appreciation before on a team of the 298 00:15:15,400 --> 00:15:19,600 Speaker 1: hours that grind, the preparation that's needed to play world 299 00:15:19,640 --> 00:15:23,120 Speaker 1: class basketball. And I'm very proud of this team because 300 00:15:23,120 --> 00:15:27,800 Speaker 1: they're hard workers. They never give up, and they they're 301 00:15:27,840 --> 00:15:30,160 Speaker 1: really out there, you know, to win every night. And 302 00:15:30,240 --> 00:15:32,320 Speaker 1: we've we've been blessed with that for a long period 303 00:15:32,320 --> 00:15:35,360 Speaker 1: of time in Boston. We've always competed and we we've 304 00:15:35,400 --> 00:15:38,840 Speaker 1: actually had since since since kind of the turnaround in 305 00:15:38,880 --> 00:15:40,560 Speaker 1: two thousand and eight, we've had a bunch of great 306 00:15:40,560 --> 00:15:42,920 Speaker 1: teams and and have always been in the mix and 307 00:15:43,000 --> 00:15:44,840 Speaker 1: more than the mix right now and and hopefully we 308 00:15:44,920 --> 00:15:48,000 Speaker 1: continue going forward. Steve, you're on the NBA Board of Governors, 309 00:15:48,040 --> 00:15:50,920 Speaker 1: you're on the Competition Committee. I don't want to look past. 310 00:15:51,000 --> 00:15:53,800 Speaker 1: I know you're only focused on what's going to happen 311 00:15:53,840 --> 00:15:56,880 Speaker 1: with the series at hand, but we're looking for a 312 00:15:56,920 --> 00:16:00,320 Speaker 1: restart for the next season to come January. Will the 313 00:16:00,360 --> 00:16:02,480 Speaker 1: teams are they thinking a while playing in their home 314 00:16:02,560 --> 00:16:06,960 Speaker 1: arenas or does Orlando look like another possibility for the 315 00:16:06,960 --> 00:16:10,440 Speaker 1: next year. Basically, Adam Silver and the board is taking 316 00:16:10,440 --> 00:16:12,760 Speaker 1: this on a day by day basis. Uh. You know, 317 00:16:12,800 --> 00:16:15,840 Speaker 1: it's interesting. When we signed up for the Disney facility, 318 00:16:16,000 --> 00:16:18,600 Speaker 1: Florida was one of the lowest transmission states in the nation, 319 00:16:19,160 --> 00:16:21,560 Speaker 1: and then in the in the preparation and in a 320 00:16:21,600 --> 00:16:23,640 Speaker 1: couple of months it took to get ready, Florida became 321 00:16:23,720 --> 00:16:25,720 Speaker 1: one of the highest states in transmissions and that that 322 00:16:25,760 --> 00:16:29,880 Speaker 1: actually was became a much greater concern. So with this virus, 323 00:16:29,880 --> 00:16:31,800 Speaker 1: you just have to take a day by day And 324 00:16:32,760 --> 00:16:36,160 Speaker 1: the good news is we're making great progress on vaccines 325 00:16:36,160 --> 00:16:39,560 Speaker 1: out there, uh, making great progress on testing. There will 326 00:16:39,600 --> 00:16:44,480 Speaker 1: be new types of faster and cheaper testing and also therapeutics. 327 00:16:44,800 --> 00:16:48,760 Speaker 1: So we're really hoping for the best that that that 328 00:16:48,760 --> 00:16:52,040 Speaker 1: that can be progress made against the disease with the testing, 329 00:16:52,200 --> 00:16:55,680 Speaker 1: with therapeutics, with vaccines that will hopefully be coming out 330 00:16:56,160 --> 00:16:58,200 Speaker 1: in the fourth quarter or the first quarter, and we 331 00:16:58,200 --> 00:16:59,360 Speaker 1: just have to take the one day at a time. 332 00:16:59,400 --> 00:17:02,440 Speaker 1: So Adams has has thrown that date out there because 333 00:17:02,440 --> 00:17:06,040 Speaker 1: that buys us time to see what happens and uh, 334 00:17:06,240 --> 00:17:09,000 Speaker 1: then they'll make the appropriate adjustments, whether to be playing 335 00:17:09,040 --> 00:17:12,600 Speaker 1: in one bubble, four bubbles, or playing in venues. It's 336 00:17:12,600 --> 00:17:16,679 Speaker 1: completly vacated because it's also to what what the rules 337 00:17:16,680 --> 00:17:19,640 Speaker 1: of each each state in each city are. There's some 338 00:17:19,640 --> 00:17:21,680 Speaker 1: some places that are hotspots that you know won't be 339 00:17:21,720 --> 00:17:24,040 Speaker 1: able to play in their stadium. So I guess the 340 00:17:24,200 --> 00:17:26,280 Speaker 1: kind of short institute is we had to take a 341 00:17:26,400 --> 00:17:28,840 Speaker 1: day by day and then the NBA and their staff 342 00:17:28,880 --> 00:17:32,119 Speaker 1: will will assess one of the best options nearer in 343 00:17:32,320 --> 00:17:36,560 Speaker 1: probably in December, to see what the outlook is. You know, Steve, 344 00:17:37,080 --> 00:17:40,720 Speaker 1: speaking of your role sort of really helping run the league, 345 00:17:40,760 --> 00:17:43,480 Speaker 1: I do wonder what you make of some of the 346 00:17:43,560 --> 00:17:46,320 Speaker 1: lessons that have come out of the bubble in terms 347 00:17:46,359 --> 00:17:48,359 Speaker 1: of the operations of the league and some of the 348 00:17:48,359 --> 00:17:51,560 Speaker 1: things that everybody just did because that is the way 349 00:17:51,600 --> 00:17:55,040 Speaker 1: it was done. One of which I've heard and read 350 00:17:55,080 --> 00:17:58,240 Speaker 1: a lot about which is travel and how much people 351 00:17:58,240 --> 00:18:01,320 Speaker 1: are realizing the wear and are of getting on a 352 00:18:01,359 --> 00:18:04,159 Speaker 1: plane every couple of days. What that did to the 353 00:18:04,200 --> 00:18:07,560 Speaker 1: players bodies, what that did to their ability to compete. 354 00:18:07,680 --> 00:18:10,520 Speaker 1: You know, there was so much talk about you know, 355 00:18:10,640 --> 00:18:15,919 Speaker 1: loads in terms of minutes, but travel really has seemed 356 00:18:15,960 --> 00:18:19,720 Speaker 1: to be something that without it, player health and and 357 00:18:19,720 --> 00:18:22,320 Speaker 1: and player effectiveness and and the quality of the product 358 00:18:22,400 --> 00:18:25,920 Speaker 1: candidly has changed. What do you make of the notion 359 00:18:26,040 --> 00:18:30,640 Speaker 1: that maybe the way the season is constructed logistically changes 360 00:18:30,720 --> 00:18:34,439 Speaker 1: based on what you've learned in the bubble, Well, pre bubble, Jason, 361 00:18:34,640 --> 00:18:38,200 Speaker 1: there were actually Adams putting a lot of changes. They 362 00:18:38,320 --> 00:18:42,840 Speaker 1: tried to have less back back, more extended time between traveling, 363 00:18:43,280 --> 00:18:47,200 Speaker 1: tighter travel schedules, And obviously it's complicated with the number 364 00:18:47,200 --> 00:18:50,520 Speaker 1: of teams and number of cities, but pre bubble they 365 00:18:50,560 --> 00:18:53,320 Speaker 1: were going in that direction again with player safety and 366 00:18:53,400 --> 00:18:55,600 Speaker 1: the quality of the product. You know, you know, top 367 00:18:55,640 --> 00:18:58,600 Speaker 1: of mind, Um, there's there's gonna be no substitute for 368 00:18:59,200 --> 00:19:01,960 Speaker 1: playing in these pastic arenas. You going going to the Garden, 369 00:19:02,000 --> 00:19:05,359 Speaker 1: going to Masson Square Garden, going down the Philadelphia. So 370 00:19:05,800 --> 00:19:09,040 Speaker 1: I don't I don't expect that will change, but they 371 00:19:09,040 --> 00:19:12,400 Speaker 1: have definitely put an emphasis on on making the schedule 372 00:19:12,560 --> 00:19:16,359 Speaker 1: more reasonable, having having players have more time to rest 373 00:19:16,960 --> 00:19:19,720 Speaker 1: and coaching in general. You know, it has has used 374 00:19:19,720 --> 00:19:22,960 Speaker 1: deeper squads to kind of get through the eighty two 375 00:19:22,960 --> 00:19:27,120 Speaker 1: game season with less injuries and players being fresh and 376 00:19:26,880 --> 00:19:29,440 Speaker 1: and and actually I like that. I like to see 377 00:19:29,520 --> 00:19:32,480 Speaker 1: eight or nine or ten guys playing, and that gives 378 00:19:32,480 --> 00:19:35,359 Speaker 1: the chance for workies to improve. Look at Tyler, Tyler 379 00:19:35,359 --> 00:19:38,000 Speaker 1: hero in this in this series. You know, he's he's 380 00:19:38,040 --> 00:19:42,520 Speaker 1: turning into it into a star before our eyes. Um so, 381 00:19:42,680 --> 00:19:44,439 Speaker 1: so I think Adams did a really good job at that. 382 00:19:44,560 --> 00:19:50,000 Speaker 1: And that's been the science of travel and sleep and 383 00:19:50,040 --> 00:19:53,320 Speaker 1: how to keep players as healthy as possible. It's really advanced. 384 00:19:53,320 --> 00:19:56,600 Speaker 1: And most of the clubs, including ourselves, you know, have 385 00:19:57,119 --> 00:19:59,840 Speaker 1: someone who who specifically is in charge of all the 386 00:20:00,000 --> 00:20:03,000 Speaker 1: medical of the training um and and kind of the 387 00:20:03,000 --> 00:20:05,119 Speaker 1: health of the players and minute all together. And I 388 00:20:05,160 --> 00:20:07,199 Speaker 1: think it's paid big dividends. Steve, I want to go 389 00:20:07,200 --> 00:20:09,200 Speaker 1: back to something we talked a little bit about earlier, 390 00:20:09,280 --> 00:20:12,120 Speaker 1: because you and I got to know each other actually 391 00:20:12,520 --> 00:20:14,680 Speaker 1: not in the business of sports, but in the business 392 00:20:14,720 --> 00:20:20,080 Speaker 1: of private equity. And I've been fascinated watching you as 393 00:20:20,240 --> 00:20:23,200 Speaker 1: part of what really is a vanguard of a new 394 00:20:23,320 --> 00:20:26,520 Speaker 1: breed of owners, especially in the NBA. But then I 395 00:20:26,560 --> 00:20:29,760 Speaker 1: think we can extend it into a lot of other sports, 396 00:20:29,880 --> 00:20:35,399 Speaker 1: especially Major League soccer, Premiership, all sorts of changes that 397 00:20:35,440 --> 00:20:39,359 Speaker 1: are happening, major League Baseball being another example. I do 398 00:20:39,520 --> 00:20:42,200 Speaker 1: wonder what you make of that, because again, you were 399 00:20:42,200 --> 00:20:45,480 Speaker 1: one of the early private equity style investors to get 400 00:20:45,480 --> 00:20:47,760 Speaker 1: in and you guys run it a little bit differently, 401 00:20:47,840 --> 00:20:51,000 Speaker 1: and now there are more of you, especially in the NBA. 402 00:20:51,119 --> 00:20:52,680 Speaker 1: What do you make of that? Well, I think we 403 00:20:52,920 --> 00:20:55,760 Speaker 1: were fortunate to be be some of the first to 404 00:20:55,760 --> 00:20:58,560 Speaker 1: to apply some of the venture capital concepts, which has 405 00:20:58,560 --> 00:21:01,080 Speaker 1: been a venture capital and I had did a venture 406 00:21:01,119 --> 00:21:04,440 Speaker 1: capital and private equity, and you know, we we brought 407 00:21:04,480 --> 00:21:07,160 Speaker 1: a long term approach to trying to build the championship team. 408 00:21:07,160 --> 00:21:09,720 Speaker 1: We had three goals when we purchased the team. The 409 00:21:09,760 --> 00:21:12,480 Speaker 1: number one was to win a championship and do everything 410 00:21:12,480 --> 00:21:15,640 Speaker 1: that that could possibly take to do that. Number two, 411 00:21:15,640 --> 00:21:17,439 Speaker 1: it was to make it a better fan experience. When 412 00:21:17,480 --> 00:21:20,240 Speaker 1: we bought the team, for example, we were the only 413 00:21:20,240 --> 00:21:23,120 Speaker 1: team in the NBA that that didn't have a kind 414 00:21:23,160 --> 00:21:25,760 Speaker 1: of dancers and and the kind of the kind of music, 415 00:21:25,960 --> 00:21:28,360 Speaker 1: the modern music. And it took us three or four 416 00:21:28,400 --> 00:21:31,680 Speaker 1: years working throughout all back to get that in there. UM, 417 00:21:31,720 --> 00:21:33,439 Speaker 1: and the and the third objective was really to be 418 00:21:33,480 --> 00:21:36,720 Speaker 1: a force in the community for for positive good. And 419 00:21:36,880 --> 00:21:39,280 Speaker 1: so we knew we could accomplish the fan experience and 420 00:21:39,320 --> 00:21:44,960 Speaker 1: could accomplish being being an incredible operation to help the community. 421 00:21:45,720 --> 00:21:47,639 Speaker 1: The harder one was winning a championship. The hardest one 422 00:21:47,680 --> 00:21:50,800 Speaker 1: was winning the championship. And thank goodness that we got 423 00:21:50,840 --> 00:21:55,080 Speaker 1: one of those. Um. As you've seen more people come in, 424 00:21:55,320 --> 00:21:58,560 Speaker 1: you know, it's gotten more and more competitive, and uh, 425 00:21:58,680 --> 00:22:01,560 Speaker 1: you know, applying kind of a concepts of basketball, which 426 00:22:01,560 --> 00:22:04,920 Speaker 1: would be taking a long term approach. You know, many 427 00:22:04,920 --> 00:22:08,000 Speaker 1: times in the past, as we studied that, teams would 428 00:22:08,000 --> 00:22:11,840 Speaker 1: go out and sign up aging maybe famous player who 429 00:22:11,960 --> 00:22:13,239 Speaker 1: was kind of at the end of the end of 430 00:22:13,280 --> 00:22:16,960 Speaker 1: his career, and you get a few more wins, and 431 00:22:16,960 --> 00:22:19,680 Speaker 1: then they changed the coach and changed the general manager 432 00:22:19,960 --> 00:22:24,280 Speaker 1: and keep keep repeating that cycle. Um, what I think 433 00:22:24,280 --> 00:22:26,560 Speaker 1: private equity has brought in is kind of a long 434 00:22:26,640 --> 00:22:29,560 Speaker 1: term approach. We've been fortunate at the Celtics to have 435 00:22:30,800 --> 00:22:35,440 Speaker 1: the same management team, the same general manager, and I 436 00:22:35,520 --> 00:22:39,359 Speaker 1: think only two coaches we've we've had. We've had Doc Rivers. 437 00:22:39,400 --> 00:22:42,720 Speaker 1: He did antest job for us and grad Stevens for 438 00:22:42,800 --> 00:22:46,080 Speaker 1: the entire tenure that we've been there, um and that 439 00:22:46,240 --> 00:22:49,359 Speaker 1: stability and taking a long term focus. I think it's 440 00:22:49,400 --> 00:22:52,240 Speaker 1: paid dividends and paid dividends for other teams have presented 441 00:22:52,280 --> 00:22:54,760 Speaker 1: up using that kind of management. So I think it's 442 00:22:54,760 --> 00:22:58,280 Speaker 1: been been good for the league, and and it's been innovative. 443 00:22:58,280 --> 00:23:01,919 Speaker 1: Groups has come in m and atom is as expert 444 00:23:01,960 --> 00:23:04,720 Speaker 1: in the media, trying new television angles, you know, looking 445 00:23:04,720 --> 00:23:07,320 Speaker 1: at three D. We have a conference of a year 446 00:23:07,480 --> 00:23:10,160 Speaker 1: called the NBA Tech Compress at the All Star Game 447 00:23:10,200 --> 00:23:13,720 Speaker 1: where we talk about social media and how how we 448 00:23:13,760 --> 00:23:15,760 Speaker 1: can actually get the product more accessible to everybody in 449 00:23:15,760 --> 00:23:18,920 Speaker 1: the world. So it's been it's been the incredible ride 450 00:23:18,960 --> 00:23:21,440 Speaker 1: for the twenty years. And the game is now globalized, 451 00:23:21,440 --> 00:23:24,840 Speaker 1: and uh, soccer and basketball are are really the two 452 00:23:24,840 --> 00:23:27,320 Speaker 1: main global sports. And I think we'll still still grow 453 00:23:27,359 --> 00:23:29,280 Speaker 1: for a long period of time if I can follow 454 00:23:29,320 --> 00:23:32,480 Speaker 1: that just briefly, Steve, I do wonder you know, sort 455 00:23:32,520 --> 00:23:34,600 Speaker 1: of knowing how well known you are in private equity 456 00:23:34,640 --> 00:23:37,719 Speaker 1: circles as well, are you like the phone call that 457 00:23:37,840 --> 00:23:40,640 Speaker 1: all these guys make when they are starting to think 458 00:23:40,680 --> 00:23:43,240 Speaker 1: about buying a team to do you have you become 459 00:23:43,280 --> 00:23:45,560 Speaker 1: a little bit of a godfather. I guess I'm getting 460 00:23:45,600 --> 00:23:47,400 Speaker 1: I'm getting kind of old enough to be a godfather. 461 00:23:47,480 --> 00:23:49,800 Speaker 1: And I'm not. I'm not, Unfortunately, I'm not. I'm not 462 00:23:49,880 --> 00:23:53,480 Speaker 1: drinking some wine in a garden right now. But I'm safe. 463 00:23:53,960 --> 00:23:56,280 Speaker 1: I'm safe. You're in the bubble. But many, many of 464 00:23:56,280 --> 00:23:58,439 Speaker 1: my friends from from private equity or in the business, 465 00:23:58,480 --> 00:24:01,640 Speaker 1: and and uh, yes, we have lots of conversations and 466 00:24:01,640 --> 00:24:03,440 Speaker 1: and actually, you know, I'm trying to always learn from 467 00:24:03,440 --> 00:24:05,640 Speaker 1: from them because when you when you're new, you bring 468 00:24:05,640 --> 00:24:08,359 Speaker 1: in new perspectives and we want to keep changing and 469 00:24:08,359 --> 00:24:11,520 Speaker 1: innovating at the Celtics. So, uh, the NBA border government 470 00:24:11,520 --> 00:24:14,080 Speaker 1: meetings have been fantastic. We we kind of learned from 471 00:24:14,080 --> 00:24:16,639 Speaker 1: each other. We're very very competitive, you know, both in 472 00:24:16,720 --> 00:24:20,240 Speaker 1: private equity and both and in basketball, but we are 473 00:24:20,320 --> 00:24:23,159 Speaker 1: all part of the same league and we want the 474 00:24:23,240 --> 00:24:27,199 Speaker 1: league to prosper. And having all those fantastic people in 475 00:24:27,240 --> 00:24:28,920 Speaker 1: those discussions in there, I think it's been good for 476 00:24:28,960 --> 00:24:31,800 Speaker 1: the league and and good for the fans. I think 477 00:24:31,880 --> 00:24:33,960 Speaker 1: Jason was looking over my shoulder at my questions and 478 00:24:33,960 --> 00:24:36,399 Speaker 1: you stole stole my last question right here. That's typical 479 00:24:36,520 --> 00:24:40,280 Speaker 1: Jason Kelly, Atlanta guy versus Boston guy. You know, it 480 00:24:40,400 --> 00:24:43,119 Speaker 1: just it just happens, and usually we don't win. I 481 00:24:43,160 --> 00:24:45,800 Speaker 1: think both you guys know that Atlanta guys do not win. 482 00:24:46,920 --> 00:24:49,480 Speaker 1: Don't even say don't say it. Don't say at Lynch, 483 00:24:49,600 --> 00:24:52,000 Speaker 1: I can here you thinking, you know, just you know, 484 00:24:52,040 --> 00:24:53,840 Speaker 1: I've known you for a long time, Steve, and I 485 00:24:53,880 --> 00:24:56,160 Speaker 1: grew up here. I've never left here. And you guys 486 00:24:56,160 --> 00:24:59,120 Speaker 1: have become a model franchise. And I remember when when 487 00:24:59,160 --> 00:25:00,720 Speaker 1: you guys bought the team. It was one of the 488 00:25:00,760 --> 00:25:03,160 Speaker 1: best kept secrets in town. I think it's right after Christmas, 489 00:25:03,200 --> 00:25:06,359 Speaker 1: wasn't it. It was actually it was actually announced I 490 00:25:06,359 --> 00:25:08,879 Speaker 1: think late in August that that we were purchasing the team, 491 00:25:08,920 --> 00:25:11,960 Speaker 1: and and it was one of the few things that 492 00:25:12,119 --> 00:25:14,399 Speaker 1: was actually a secret until about a couple of hours 493 00:25:14,440 --> 00:25:17,960 Speaker 1: before I was. I was shocked because we drove over 494 00:25:17,960 --> 00:25:20,040 Speaker 1: the facility first time I've been the facility out there 495 00:25:20,040 --> 00:25:22,040 Speaker 1: in Waltham. It's only about a mile from my home. 496 00:25:22,040 --> 00:25:24,879 Speaker 1: What can I drove over? And you know, I've been 497 00:25:24,920 --> 00:25:27,479 Speaker 1: in private equity for many many years and been working 498 00:25:27,480 --> 00:25:30,040 Speaker 1: on billion dollar deals and to bin our deals, and 499 00:25:30,840 --> 00:25:33,840 Speaker 1: you know, you know Jason knows that maybe a reporter 500 00:25:33,920 --> 00:25:36,320 Speaker 1: or two would show up on those. But we walked 501 00:25:36,320 --> 00:25:38,919 Speaker 1: in that facility and it was it looked like the 502 00:25:39,000 --> 00:25:43,040 Speaker 1: lights went off, flashing bolts. Uh. It was. It was 503 00:25:43,080 --> 00:25:44,719 Speaker 1: out of the scene of a movie. There was probably 504 00:25:44,720 --> 00:25:48,119 Speaker 1: three hundred people. They're scratching their heads for what was 505 00:25:48,119 --> 00:25:50,280 Speaker 1: to come next. That we were able to purchase the team, 506 00:25:50,280 --> 00:25:53,439 Speaker 1: so they'll never forget that day. It h It was 507 00:25:53,440 --> 00:25:58,200 Speaker 1: about ninety degrees um, very very very very humid, hot 508 00:25:58,280 --> 00:26:01,320 Speaker 1: day in Boston and were The funny thing is I 509 00:26:01,400 --> 00:26:04,280 Speaker 1: drove over a wick and he had a He had 510 00:26:04,119 --> 00:26:06,399 Speaker 1: kind of kind of a car that had certain kind 511 00:26:06,440 --> 00:26:10,840 Speaker 1: of locks on it, and he was really excited. So 512 00:26:10,840 --> 00:26:13,120 Speaker 1: he bounded out of the car and closed his door 513 00:26:13,760 --> 00:26:17,840 Speaker 1: and then he ran inside the facility. And there I was. 514 00:26:17,880 --> 00:26:19,280 Speaker 1: I couldn't figure out how to get out of the 515 00:26:19,359 --> 00:26:23,439 Speaker 1: car and I had I had a suit on. It 516 00:26:23,440 --> 00:26:26,080 Speaker 1: was ninety degrees I was in a car U The 517 00:26:26,119 --> 00:26:28,000 Speaker 1: car started to flog up and I was writing, you know, 518 00:26:28,080 --> 00:26:32,560 Speaker 1: helped on the on the on the window, on the Unfortunately, 519 00:26:33,000 --> 00:26:35,880 Speaker 1: after a few minutes realized I wasn't there, back out 520 00:26:35,880 --> 00:26:37,720 Speaker 1: and we got the door unlocked and I made it 521 00:26:37,720 --> 00:26:40,360 Speaker 1: at the press conference. But I was I was definitely sweating. 522 00:26:40,359 --> 00:26:42,119 Speaker 1: I wasn't nervous when I was sweating because I was 523 00:26:42,119 --> 00:26:44,680 Speaker 1: sitting in this car. But it was an incredible day 524 00:26:44,920 --> 00:26:47,479 Speaker 1: and uh and and and it's been it's just been 525 00:26:47,520 --> 00:26:50,879 Speaker 1: a joy to own the team. We we we actually uh, 526 00:26:51,000 --> 00:26:54,720 Speaker 1: when we brought together the investor group, we told people 527 00:26:55,119 --> 00:26:57,359 Speaker 1: this was a labor of love. You know. We we 528 00:26:57,440 --> 00:26:59,400 Speaker 1: named the company band or seventeen to try to get 529 00:26:59,400 --> 00:27:03,560 Speaker 1: the next enter and we said, it's not you know, return, 530 00:27:04,119 --> 00:27:06,719 Speaker 1: it's really a community asset and uh. And we were 531 00:27:06,720 --> 00:27:08,879 Speaker 1: going to try to best we could win a championship 532 00:27:08,920 --> 00:27:11,040 Speaker 1: and do a lot of things for community. And we're 533 00:27:11,119 --> 00:27:13,560 Speaker 1: very proud about that. And we're proud about the management 534 00:27:13,560 --> 00:27:15,560 Speaker 1: team and Rich Gotham and Danny Age and we know 535 00:27:15,600 --> 00:27:18,879 Speaker 1: all the guys that Sully, they've just been they've just 536 00:27:18,920 --> 00:27:24,200 Speaker 1: been fabulous, fabricous out there. And UH, I think that culture, 537 00:27:24,400 --> 00:27:27,000 Speaker 1: the culture we try to continue. The Red are back. 538 00:27:27,080 --> 00:27:29,920 Speaker 1: We brought back Red and continue the family culture. That's 539 00:27:30,119 --> 00:27:32,240 Speaker 1: that's silly said. And I think that's paid the big dividends. 540 00:27:32,280 --> 00:27:35,320 Speaker 1: So people like Kevin Garnett, you know, love Boston, love 541 00:27:35,400 --> 00:27:38,920 Speaker 1: being a Celtic and and that set off a virtuous 542 00:27:39,000 --> 00:27:41,760 Speaker 1: circle of players wanted to come and play for a 543 00:27:41,760 --> 00:27:46,200 Speaker 1: stable organization, a fantastic coach, a fantastic general manager and 544 00:27:46,320 --> 00:27:48,119 Speaker 1: uh and I think we're seeing that, you know, the 545 00:27:48,119 --> 00:27:49,879 Speaker 1: fruits of that right now and really enjoying it. And 546 00:27:50,359 --> 00:27:53,480 Speaker 1: we've got a young, young core and hopefully that young 547 00:27:53,560 --> 00:27:56,320 Speaker 1: cork And can continue to grow and we'll bring back 548 00:27:56,320 --> 00:27:59,040 Speaker 1: more championships to Boston. But it's just been amazing and 549 00:27:59,840 --> 00:28:03,560 Speaker 1: I really want to thank the fans when we when 550 00:28:03,560 --> 00:28:05,520 Speaker 1: we bought the team, they hadn't won the championship in 551 00:28:05,520 --> 00:28:09,360 Speaker 1: sixteen years, and Boston, as you know, UM sees themselves 552 00:28:09,359 --> 00:28:13,119 Speaker 1: as nothing short of a championship every year. But but 553 00:28:13,200 --> 00:28:15,400 Speaker 1: they brought into the strategy and they came back into 554 00:28:15,400 --> 00:28:17,159 Speaker 1: the stands. You know, we bought the team, they're averaging 555 00:28:17,200 --> 00:28:20,240 Speaker 1: fifteen thousand even in our first few years we got 556 00:28:20,240 --> 00:28:23,400 Speaker 1: it up sixteen seventeen, and then then full houses as 557 00:28:23,400 --> 00:28:25,760 Speaker 1: they saw the rebuilding program going on in the stability. 558 00:28:25,840 --> 00:28:28,720 Speaker 1: So they're they're they're a huge part of our success 559 00:28:28,760 --> 00:28:31,800 Speaker 1: and and I'm really excited when when we can get 560 00:28:31,840 --> 00:28:34,280 Speaker 1: this virus under control, to see them back in the stadiums. 561 00:28:34,440 --> 00:28:36,640 Speaker 1: So Steve, just as we wrap up here, I mean, 562 00:28:36,680 --> 00:28:38,760 Speaker 1: one thing I think we'd be remiss if we didn't 563 00:28:38,800 --> 00:28:42,440 Speaker 1: ask you about is you have really been part and 564 00:28:42,560 --> 00:28:46,080 Speaker 1: parcel and you have seen up close and personal the 565 00:28:46,120 --> 00:28:50,000 Speaker 1: development and the evolution of the NBA being the core 566 00:28:50,320 --> 00:28:54,560 Speaker 1: of player empowerment in many ways. And I do wonder 567 00:28:54,680 --> 00:28:57,640 Speaker 1: and we talked a little bit earlier about you know, 568 00:28:57,880 --> 00:29:01,240 Speaker 1: the Board of Governors and the ownership groups, and and 569 00:29:01,480 --> 00:29:03,280 Speaker 1: I think we all alluded to the fact that the 570 00:29:03,400 --> 00:29:08,840 Speaker 1: NBA and Commissioner Silver have been more progressive and maybe 571 00:29:08,880 --> 00:29:13,480 Speaker 1: more forward thinking generally about things. What have you learned 572 00:29:13,560 --> 00:29:18,360 Speaker 1: in these very tumultuous last few months, not just with 573 00:29:18,440 --> 00:29:23,600 Speaker 1: the virus, but with a long overdue reckoning around racial inequity, 574 00:29:24,080 --> 00:29:28,320 Speaker 1: systemic racism, etcetera. What have you learned in terms of 575 00:29:28,440 --> 00:29:31,920 Speaker 1: what your role as an owner of a team and 576 00:29:32,000 --> 00:29:35,520 Speaker 1: also a community leader and an investor, what that can 577 00:29:35,560 --> 00:29:37,440 Speaker 1: be and what it should be. Well, it's been a 578 00:29:37,560 --> 00:29:42,960 Speaker 1: very very tumultuous year, um and uh, you know, highlighted 579 00:29:43,000 --> 00:29:47,480 Speaker 1: by by the you know, the social injustice, the Floyd situation. 580 00:29:48,320 --> 00:29:52,160 Speaker 1: The Boston Celtics have always emphasized and we certainly have emphasized, 581 00:29:52,200 --> 00:29:57,200 Speaker 1: you know, equality and social justice and part of our 582 00:29:57,240 --> 00:30:01,040 Speaker 1: Shamrock Foundation. I think much of the budget was spent 583 00:30:01,080 --> 00:30:05,080 Speaker 1: on programs with respect to that. What I realized is 584 00:30:05,120 --> 00:30:07,920 Speaker 1: with with these recent events is none of us has 585 00:30:07,960 --> 00:30:10,720 Speaker 1: done enough. But we haven't done enough. We have to 586 00:30:10,760 --> 00:30:13,040 Speaker 1: do much more. Adam Silver has been a leader, the 587 00:30:13,120 --> 00:30:15,400 Speaker 1: NBA has been a leader, but we really have to 588 00:30:15,440 --> 00:30:19,680 Speaker 1: double and triple down on correcting these inequities. And the 589 00:30:19,760 --> 00:30:23,480 Speaker 1: league has has always embracing and embracing even more with 590 00:30:23,560 --> 00:30:27,440 Speaker 1: the three and a million dollar program we after that shooting. 591 00:30:27,440 --> 00:30:32,480 Speaker 1: We got together immediately UM after the horrific event and 592 00:30:32,640 --> 00:30:36,240 Speaker 1: spent the last ten or twelve weeks studying root causes 593 00:30:36,520 --> 00:30:43,000 Speaker 1: and we just announced tend to days ago million dollar program. 594 00:30:43,040 --> 00:30:45,760 Speaker 1: We formed something called Boston Celtics and nine and for 595 00:30:45,920 --> 00:30:50,520 Speaker 1: Social Justice, and we'll be spending in access of two 596 00:30:50,520 --> 00:30:55,880 Speaker 1: million a year just focused on pillars six pillars that 597 00:30:55,920 --> 00:31:01,960 Speaker 1: we've been unified. Root causes of social just include education, healthcare, voting, 598 00:31:03,160 --> 00:31:07,000 Speaker 1: bridging differences between communities, UM and a host of other issues. 599 00:31:07,520 --> 00:31:09,960 Speaker 1: We're going to be working away at ten and probably 600 00:31:10,000 --> 00:31:12,880 Speaker 1: twenty year program of doing that, and our investor group 601 00:31:12,960 --> 00:31:17,760 Speaker 1: has really stepped up and contributed financially and our whole staff. 602 00:31:18,360 --> 00:31:20,560 Speaker 1: There's a people signed up the Celtics on these six 603 00:31:20,600 --> 00:31:25,600 Speaker 1: committees with with ex players current players. We interviewed all 604 00:31:25,600 --> 00:31:28,440 Speaker 1: the players and got what their issues were. So we're 605 00:31:28,560 --> 00:31:33,880 Speaker 1: really kind kind of excited about trying to make this change, 606 00:31:34,000 --> 00:31:36,040 Speaker 1: and we need to make this change. It's not gonna 607 00:31:36,040 --> 00:31:38,000 Speaker 1: happen all night. We recognize it couldn't be a quick 608 00:31:38,080 --> 00:31:42,200 Speaker 1: pr splash. It's got to be a you know, long 609 00:31:42,320 --> 00:31:44,800 Speaker 1: term program that we work at it every day. We 610 00:31:44,800 --> 00:31:47,720 Speaker 1: can't forget what happened and we need to correct that. 611 00:31:47,760 --> 00:31:52,600 Speaker 1: And we're not going to correct years of history overnight, 612 00:31:52,760 --> 00:31:54,240 Speaker 1: but we can do it, and I'm hoping we'll do 613 00:31:54,280 --> 00:31:57,760 Speaker 1: it in our lifetimes to see this country and it's 614 00:31:57,800 --> 00:32:01,280 Speaker 1: and it's good for everybody in the country and everybody. 615 00:32:01,280 --> 00:32:03,880 Speaker 1: The NBA is excited about doing that in partner the players. 616 00:32:04,200 --> 00:32:06,080 Speaker 1: What I love about the NBA is we have this 617 00:32:06,160 --> 00:32:10,000 Speaker 1: kind of deals with the players, and our players are 618 00:32:10,640 --> 00:32:15,800 Speaker 1: consulted by Adam and by by all the different franchises 619 00:32:16,440 --> 00:32:18,800 Speaker 1: and and they have huge input into the league. And 620 00:32:18,840 --> 00:32:22,280 Speaker 1: that partnership has really I think done well for us 621 00:32:22,320 --> 00:32:26,720 Speaker 1: globally and we view it as a as a really 622 00:32:26,720 --> 00:32:30,320 Speaker 1: a partnership with the players to have a fantastic league 623 00:32:30,840 --> 00:32:33,120 Speaker 1: and and and really make an impact and make a 624 00:32:33,120 --> 00:32:37,280 Speaker 1: difference community and and and this issue of social justice 625 00:32:37,720 --> 00:32:40,040 Speaker 1: is huge and I'm hoping we can make a large 626 00:32:40,080 --> 00:32:42,920 Speaker 1: contribution over the next ten years to to to to 627 00:32:43,040 --> 00:32:45,840 Speaker 1: really make it be better. Well, Steve Paliuka, what a 628 00:32:45,920 --> 00:32:48,680 Speaker 1: treat for us. Thank you so much for spending so 629 00:32:48,760 --> 00:32:51,240 Speaker 1: much time, I have to say, and you'll appreciate this 630 00:32:51,280 --> 00:32:53,720 Speaker 1: more than most. Between me and Lynch, if you drew 631 00:32:53,720 --> 00:32:57,640 Speaker 1: a ven diagram of our interests and all of that, 632 00:32:57,880 --> 00:33:00,120 Speaker 1: you would be sitting smack in the middle of it. 633 00:33:00,240 --> 00:33:03,240 Speaker 1: So between your success uh and long tenure in private 634 00:33:03,240 --> 00:33:06,479 Speaker 1: equity and with the Boston Celtics, UH, you have so 635 00:33:06,560 --> 00:33:08,920 Speaker 1: much to offer and we really appreciate you spending some 636 00:33:09,000 --> 00:33:11,840 Speaker 1: time and and from the bubble no less, so thank you. 637 00:33:11,880 --> 00:33:14,200 Speaker 1: But I've been I've been, I've been very fortunate. And 638 00:33:14,360 --> 00:33:17,440 Speaker 1: you know, my grandfather was was an immigrant shoemaker from 639 00:33:17,480 --> 00:33:20,880 Speaker 1: from Italy origin shoe factory. So I know America is 640 00:33:20,920 --> 00:33:22,520 Speaker 1: a great place and we have to make it a 641 00:33:22,520 --> 00:33:26,320 Speaker 1: great place for everybody. And I'm hoping, um the next 642 00:33:26,400 --> 00:33:29,280 Speaker 1: chapter that you know can can do that and excited 643 00:33:29,280 --> 00:33:32,040 Speaker 1: about the future. So uh great, too great to talk 644 00:33:32,080 --> 00:33:34,640 Speaker 1: to you guys. And Lynch always always great to have 645 00:33:34,640 --> 00:33:39,000 Speaker 1: another Boston guy in the phone. And uh uh, let's 646 00:33:39,040 --> 00:33:42,080 Speaker 1: let's keep on keeping on and and hopefully hopefully we 647 00:33:42,120 --> 00:33:45,080 Speaker 1: can turn around down here, all right. So Steve Aliuka, 648 00:33:45,160 --> 00:33:48,160 Speaker 1: as I joked Lynchi, this is like the guy who 649 00:33:48,240 --> 00:33:51,000 Speaker 1: sits in the middle of the Lynchi Kelly ven diagram. 650 00:33:51,960 --> 00:33:54,600 Speaker 1: He's such an interesting guy, he really is. I've known 651 00:33:54,680 --> 00:33:56,960 Speaker 1: him for all twenty years that he's on the Celtics. 652 00:33:57,240 --> 00:34:00,000 Speaker 1: He was a basketball player at Duke, his son's played 653 00:34:00,040 --> 00:34:03,320 Speaker 1: basketball at Duke Um. He's just a terrific guy. He's 654 00:34:03,320 --> 00:34:05,760 Speaker 1: immersed himself in the community and the whole ownership has 655 00:34:05,800 --> 00:34:08,719 Speaker 1: immersed himself in the in the community. I mean up here, 656 00:34:08,800 --> 00:34:11,759 Speaker 1: we're pretty parochial in Boston. We think the Celtics belong 657 00:34:11,840 --> 00:34:14,399 Speaker 1: to us, the fans, and when new owners come in, 658 00:34:14,840 --> 00:34:16,400 Speaker 1: it's like, oh, this is our team. What are you 659 00:34:16,400 --> 00:34:18,040 Speaker 1: gonna do to you know, to dismantle them? But you're 660 00:34:18,040 --> 00:34:20,680 Speaker 1: gonna be the the silent owner of the man behind 661 00:34:20,719 --> 00:34:24,080 Speaker 1: the curtain. But no, Steve and Wick Grosspec and Bob 662 00:34:24,080 --> 00:34:28,080 Speaker 1: Epstein Um, that whole group has done everything they've pledged 663 00:34:28,120 --> 00:34:30,800 Speaker 1: to do. Win a championship, which they did, being involved 664 00:34:30,800 --> 00:34:33,560 Speaker 1: in the community which they did, and get the fans involved, 665 00:34:33,560 --> 00:34:35,879 Speaker 1: and they've done that. They all three of them sit 666 00:34:36,000 --> 00:34:38,719 Speaker 1: right on the court side, through good times and two 667 00:34:38,760 --> 00:34:42,680 Speaker 1: bad times. They're accessible. You can communicate with them, and 668 00:34:42,719 --> 00:34:45,040 Speaker 1: they're well liked and they're well respected, and that you 669 00:34:45,080 --> 00:34:48,840 Speaker 1: can't say that about a lot of professional, professional franchises. No, 670 00:34:49,120 --> 00:34:51,799 Speaker 1: I think that's exactly right. And and listen, I think 671 00:34:51,840 --> 00:34:54,000 Speaker 1: any time, and I know this from some of my 672 00:34:54,040 --> 00:34:58,040 Speaker 1: other work, anytime private equity guys enter into the picture, 673 00:34:58,280 --> 00:35:02,600 Speaker 1: eyebrows raise and there's a lot skepticism. As you alluded to. Uh, 674 00:35:02,840 --> 00:35:07,360 Speaker 1: I think it's probably good for the owners who have 675 00:35:07,560 --> 00:35:12,839 Speaker 1: followed candidly from a private equity perspective that Pagliuca and 676 00:35:12,960 --> 00:35:15,239 Speaker 1: his crew were the first, because I think they set 677 00:35:15,280 --> 00:35:18,760 Speaker 1: the tone to some extent and and and modeled some behavior. 678 00:35:18,800 --> 00:35:20,000 Speaker 1: I don't know if you agree with that or not. 679 00:35:20,640 --> 00:35:23,680 Speaker 1: I do agree with it, because you're exactly right. Someone 680 00:35:23,719 --> 00:35:25,480 Speaker 1: comes in, they're gonna be a bottom line guy. What's 681 00:35:25,520 --> 00:35:28,120 Speaker 1: gonna happen. We're gonna just we're gonna cut payroll. We're 682 00:35:28,120 --> 00:35:29,920 Speaker 1: not gonna have the highest payroll in the league. You know, 683 00:35:29,920 --> 00:35:33,479 Speaker 1: we're here to make money for our investors. And would 684 00:35:33,480 --> 00:35:35,800 Speaker 1: they come first before the fans and before raising a 685 00:35:35,880 --> 00:35:39,720 Speaker 1: championship banner? They didn't. Reverse championship banner was a job 686 00:35:39,760 --> 00:35:41,399 Speaker 1: one when they came in and they made a big 687 00:35:41,400 --> 00:35:43,719 Speaker 1: deal to get Kevin Garnett, They get Ray Allen in here. 688 00:35:43,920 --> 00:35:45,360 Speaker 1: They had a new Big three, and they won a 689 00:35:45,440 --> 00:35:47,760 Speaker 1: championship and two years later they went to Game seven 690 00:35:47,760 --> 00:35:49,839 Speaker 1: with the Lakers. So and they've been knocking and they've 691 00:35:49,840 --> 00:35:52,040 Speaker 1: been knocking on the door ever since. All Right, So 692 00:35:52,200 --> 00:35:55,000 Speaker 1: we're keeping it local here, uh And I hear you're 693 00:35:55,000 --> 00:35:58,239 Speaker 1: working on a special project. People are buzzing down here 694 00:35:58,239 --> 00:36:01,279 Speaker 1: in New York about it. Hard Football is for our 695 00:36:01,360 --> 00:36:04,440 Speaker 1: one or six one bostonsation up there near you. We're 696 00:36:04,440 --> 00:36:07,120 Speaker 1: gonna be re airing some of the greatest Crimson games 697 00:36:07,120 --> 00:36:09,799 Speaker 1: of the Tim Murphy coaching era. And they're sure had 698 00:36:09,840 --> 00:36:14,399 Speaker 1: been some legendary moments in Harvard football history. Sixty six 699 00:36:14,440 --> 00:36:16,799 Speaker 1: thousand fans of the Yale Bowl in they're all here. 700 00:36:17,120 --> 00:36:20,000 Speaker 1: The whole season's right here on the foot of Mike 701 00:36:20,120 --> 00:36:23,680 Speaker 1: Lynch right footed kicker. It's not from center. Good ball down, 702 00:36:23,760 --> 00:36:30,840 Speaker 1: kick up. It is good. It's good, Like, hey, what 703 00:36:31,160 --> 00:36:35,640 Speaker 1: the six yard field goal? Mike Lynch, Barbara takes at 704 00:36:35,680 --> 00:36:39,400 Speaker 1: ten to seven lead and maybe the IVY League titles. 705 00:36:39,560 --> 00:36:42,759 Speaker 1: It's gonna ride back to Cambridge this afternoon. So there 706 00:36:42,800 --> 00:36:45,480 Speaker 1: you have it. That's not any Mike Lynch, that's Lynchy. 707 00:36:45,600 --> 00:36:50,000 Speaker 1: That's our Lynch. That's amazing. You couldn't edit the twenty six. 708 00:36:50,080 --> 00:36:52,240 Speaker 1: You couldn't put like a fifty six in there instead 709 00:36:52,239 --> 00:36:57,680 Speaker 1: of listen, but it probably felt like more than twenty six. 710 00:36:57,719 --> 00:37:01,000 Speaker 1: I'm guessing yeah, it did. It was a great moment 711 00:37:01,000 --> 00:37:03,440 Speaker 1: in nineteen seventy five. It was the first time Harvard 712 00:37:03,719 --> 00:37:05,600 Speaker 1: had ever won an outright. They had tied for the 713 00:37:05,640 --> 00:37:07,760 Speaker 1: IVY League title over the years, but they never wanted 714 00:37:07,760 --> 00:37:09,279 Speaker 1: out right. So it was it was a good win 715 00:37:09,360 --> 00:37:12,439 Speaker 1: for all of us and and the program and um, 716 00:37:12,520 --> 00:37:14,560 Speaker 1: we were very very proud that day. And I always 717 00:37:14,560 --> 00:37:16,480 Speaker 1: blush a little bit when I hear it. It usually 718 00:37:16,520 --> 00:37:18,840 Speaker 1: comes up right around Harvard Yale a week, but we 719 00:37:18,880 --> 00:37:21,239 Speaker 1: get a little jump on it. And with that, I 720 00:37:21,280 --> 00:37:23,640 Speaker 1: guess I'm leading into what you were talking about on 721 00:37:23,680 --> 00:37:26,160 Speaker 1: Bloomberg one O one. We're gonna be airing it for 722 00:37:26,239 --> 00:37:29,799 Speaker 1: nine weeks. Um some classic Harvard football games from the 723 00:37:29,800 --> 00:37:34,279 Speaker 1: Tim Murphy area. Tim Murfy took over. He's won I 724 00:37:34,360 --> 00:37:37,319 Speaker 1: believe ten IVY League titles in like this week. It's 725 00:37:37,320 --> 00:37:39,640 Speaker 1: gonna be a game which was about two months after 726 00:37:39,800 --> 00:37:42,399 Speaker 1: nine eleven. It was November ten to two thousand one, 727 00:37:42,440 --> 00:37:45,920 Speaker 1: Harvard and Penn both undefeated, untied at Harvard Stadium and 728 00:37:45,960 --> 00:37:48,880 Speaker 1: a great comeback by the Crimson another win. So Bernie 729 00:37:48,920 --> 00:37:51,040 Speaker 1: Corbett does the play by play, He talks to me 730 00:37:51,120 --> 00:37:53,560 Speaker 1: and I sort of throw my two cents in and 731 00:37:53,840 --> 00:37:56,040 Speaker 1: it'll be airing on the on Saturdays for the next 732 00:37:56,120 --> 00:37:58,959 Speaker 1: nine weeks. Well, there you go. For those of you 733 00:37:59,080 --> 00:38:02,799 Speaker 1: who need that dose of great IVY League football, you 734 00:38:02,800 --> 00:38:04,520 Speaker 1: can get it on one oh six one. All right, 735 00:38:04,560 --> 00:38:06,719 Speaker 1: you've been listening to Bloomberg Business of Sports. We're here 736 00:38:06,719 --> 00:38:08,359 Speaker 1: each and every week for you at the same time. 737 00:38:08,680 --> 00:38:12,279 Speaker 1: Plus online you can get the extended versions of our 738 00:38:12,640 --> 00:38:15,000 Speaker 1: Steve Helly you can interview and all of our interviews. 739 00:38:15,080 --> 00:38:18,279 Speaker 1: Catch our podcast Monday's, Wednesdays and Thursdays. I'm Jason Kelly. 740 00:38:18,320 --> 00:38:20,359 Speaker 1: Follow me on Twitter at Jason Kelly News and I'm 741 00:38:20,400 --> 00:38:22,760 Speaker 1: Mike Lynch, so glad that ball went through the uprights. 742 00:38:22,840 --> 00:38:24,400 Speaker 1: And if I could hit my pitching wedge the way 743 00:38:24,440 --> 00:38:26,440 Speaker 1: I hit that field goal, I'd be a four handicap. 744 00:38:26,520 --> 00:38:28,799 Speaker 1: You can follow me at Lynch e w CBB. You're 745 00:38:28,800 --> 00:38:31,800 Speaker 1: listening to Bloomberg Business of Sports from Bloomberg Radio around 746 00:38:31,800 --> 00:38:32,160 Speaker 1: the world.