1 00:00:00,400 --> 00:00:03,320 Speaker 1: Hello, I'm Scott sa I'm Evan Nobie Williams, and I'm 2 00:00:03,360 --> 00:00:06,680 Speaker 1: Michael bar And this is the Bloomberg Business of Sports podcast, 3 00:00:06,720 --> 00:00:08,680 Speaker 1: where we explore the big money issues in the world 4 00:00:08,760 --> 00:00:12,400 Speaker 1: of sports today. We begin with Rutgers University bringing back 5 00:00:12,440 --> 00:00:17,239 Speaker 1: Greg Schiano, the coach the Scarlet Nights. Wow, welcome back. 6 00:00:17,280 --> 00:00:19,680 Speaker 1: Greg's a name from the past. Tough. I'm not do 7 00:00:19,760 --> 00:00:23,400 Speaker 1: I use the word glory days at Rutgers, but if 8 00:00:23,440 --> 00:00:26,599 Speaker 1: they didn't indeed have a glory days, um, it was 9 00:00:26,640 --> 00:00:29,600 Speaker 1: certainly under Greg Ciano, and the program took some strides. 10 00:00:29,640 --> 00:00:32,160 Speaker 1: He left to go to the NFL. But it looked 11 00:00:32,200 --> 00:00:34,800 Speaker 1: for a while like ed been like this wasn't going 12 00:00:34,840 --> 00:00:37,640 Speaker 1: to happen, and then it was. But going back to 13 00:00:37,720 --> 00:00:41,920 Speaker 1: some reporting you've had a while back, Rutgers is still is. 14 00:00:41,960 --> 00:00:45,080 Speaker 1: It's still the most subsidized football program in America. Now 15 00:00:45,080 --> 00:00:47,479 Speaker 1: they're gonna have to pay a lot to this is interesting. 16 00:00:47,520 --> 00:00:49,080 Speaker 1: So you know, he got an eight year, thirty two 17 00:00:49,120 --> 00:00:51,400 Speaker 1: million dollar deal. So for four million dollars a year, 18 00:00:51,600 --> 00:00:54,040 Speaker 1: not that much, it's top thirty. It's what ed or 19 00:00:54,200 --> 00:00:56,000 Speaker 1: Ron gets paid for l s U. Which is which 20 00:00:56,040 --> 00:00:59,279 Speaker 1: is going to voice right now? I cannot do that, 21 00:01:01,360 --> 00:01:03,120 Speaker 1: Collin Tippy, can we gets the meds you're on just 22 00:01:03,200 --> 00:01:06,120 Speaker 1: for that? It great week follows you excited to see 23 00:01:06,160 --> 00:01:09,680 Speaker 1: the team west of young guys do very well, all 24 00:01:09,760 --> 00:01:12,160 Speaker 1: the guys will coaching a lot of fun which had 25 00:01:12,160 --> 00:01:15,280 Speaker 1: plenty times something good happens again. But place so yeah, 26 00:01:15,280 --> 00:01:18,080 Speaker 1: it's it's it's it's expensive just to pay him. Um 27 00:01:18,160 --> 00:01:20,080 Speaker 1: and if if you believe kind of the reports that 28 00:01:20,120 --> 00:01:21,759 Speaker 1: are out there, you know, one of the big sticking 29 00:01:21,800 --> 00:01:24,119 Speaker 1: points for him was that he wanted to make sure 30 00:01:24,160 --> 00:01:27,080 Speaker 1: that Rutgers was invested in this financially and trying to 31 00:01:27,120 --> 00:01:28,920 Speaker 1: make it a go in the Big ten. And that 32 00:01:28,959 --> 00:01:33,600 Speaker 1: will mean more expensive assistant coaches, more expensive support staff. 33 00:01:33,800 --> 00:01:37,080 Speaker 1: I'm sure there will be a facility upgrade as well. Uh. 34 00:01:37,080 --> 00:01:40,240 Speaker 1: There's just a lot of money associated with this. Uh. 35 00:01:40,280 --> 00:01:42,520 Speaker 1: And and as you said, Rutgers a hundred million dollar 36 00:01:42,640 --> 00:01:46,400 Speaker 1: budget every year. Thirty percent of that thirty million dollars 37 00:01:46,440 --> 00:01:49,720 Speaker 1: comes from subsidies, either from the students themselves or from 38 00:01:49,760 --> 00:01:52,320 Speaker 1: directly from the institution. This is you know, one of 39 00:01:52,320 --> 00:01:55,200 Speaker 1: the most subsidized, if not the most subsidized. Remember years 40 00:01:55,200 --> 00:01:57,200 Speaker 1: ago we wrote a story they were yanking phones at 41 00:01:57,200 --> 00:02:00,720 Speaker 1: a professor's offices and yet subsidizing football. Yes, Rutgers is 42 00:02:00,800 --> 00:02:04,520 Speaker 1: directing a lot more money than anybody should towards its 43 00:02:04,560 --> 00:02:08,360 Speaker 1: athletic department, and it will only get pricier under the 44 00:02:08,400 --> 00:02:10,480 Speaker 1: new Greg. Ciano wasn't one of the station points the 45 00:02:10,560 --> 00:02:13,240 Speaker 1: use of private jets, and we know that's sort of 46 00:02:13,280 --> 00:02:16,919 Speaker 1: a regular thing these days among college coaches, even personal 47 00:02:17,080 --> 00:02:19,280 Speaker 1: use of private jets. Yeah, I mean, I think there's 48 00:02:19,320 --> 00:02:21,360 Speaker 1: there's a lot in here that is going to end 49 00:02:21,440 --> 00:02:24,880 Speaker 1: up being more expensive, right, And and Rutgers clearly wants 50 00:02:24,880 --> 00:02:26,760 Speaker 1: to pay that. And and you know, the Greg Ciano 51 00:02:26,919 --> 00:02:28,560 Speaker 1: is you can make an argument he's the reason why 52 00:02:28,600 --> 00:02:30,639 Speaker 1: they're in the Big Ten. He left before they made 53 00:02:30,680 --> 00:02:32,560 Speaker 1: the jump. But you know, they made Bowl games in 54 00:02:32,600 --> 00:02:35,120 Speaker 1: six of his final seven seasons, and one of the 55 00:02:35,120 --> 00:02:37,359 Speaker 1: reasons why they were a you know, they're they're in 56 00:02:37,400 --> 00:02:39,919 Speaker 1: the York, New York market. Um. But people thought the 57 00:02:40,000 --> 00:02:41,960 Speaker 1: jump wouldn't be as hard for them as it has been. 58 00:02:42,000 --> 00:02:44,040 Speaker 1: I think because of the success they had under him. 59 00:02:44,120 --> 00:02:46,880 Speaker 1: I was just wondering though, if they guess the bad 60 00:02:46,880 --> 00:02:49,720 Speaker 1: taste in their mouth is gone, because remember Ciano left 61 00:02:50,200 --> 00:02:53,960 Speaker 1: like just a few days before the recruiting and fact, 62 00:02:53,960 --> 00:02:56,919 Speaker 1: I think he missed one of the recruiting segments, so 63 00:02:57,400 --> 00:03:00,400 Speaker 1: uh to go to the NFL. So has that all made? Healed? 64 00:03:00,400 --> 00:03:06,240 Speaker 1: And is everybody it seems like more than he. I mean, 65 00:03:06,280 --> 00:03:09,280 Speaker 1: the reason he got this deal done is because when 66 00:03:09,280 --> 00:03:11,400 Speaker 1: it when it sounded like they couldn't agree to terms 67 00:03:11,440 --> 00:03:15,200 Speaker 1: a couple months ago, season ticket holders were calling donors 68 00:03:15,200 --> 00:03:17,240 Speaker 1: were saying they would stop donating if they didn't get 69 00:03:17,240 --> 00:03:20,880 Speaker 1: the deal done. Which is funny for Siano because you know, 70 00:03:20,919 --> 00:03:23,720 Speaker 1: two years ago Tennessee tried to hire him and the 71 00:03:23,760 --> 00:03:27,720 Speaker 1: exact opposite happened. The Tennessee donors and season ticket holders said, 72 00:03:28,080 --> 00:03:30,320 Speaker 1: don't hire this guy, we don't want it and related 73 00:03:30,320 --> 00:03:34,240 Speaker 1: to his connections to the Jerry Sandusky scandal at Penn State. Uh. So, 74 00:03:34,360 --> 00:03:37,000 Speaker 1: you know, two years after a fan boll base revolted 75 00:03:37,600 --> 00:03:39,480 Speaker 1: to make him lose the job that he was offered, 76 00:03:40,360 --> 00:03:42,720 Speaker 1: a fan base revolted to get him back on the 77 00:03:42,760 --> 00:03:44,720 Speaker 1: table to get a job that he wanted. I gotta 78 00:03:45,000 --> 00:03:47,840 Speaker 1: remember with him, if you can keep not obviously the 79 00:03:47,840 --> 00:03:49,000 Speaker 1: best of the best of the best, but if you 80 00:03:49,040 --> 00:03:52,400 Speaker 1: can keep a good amount of your homegrown folks Jersey, 81 00:03:52,480 --> 00:03:56,080 Speaker 1: Pennsylvania if you can keep some good high school players around, 82 00:03:56,120 --> 00:03:58,119 Speaker 1: you can build a good program. That has always been 83 00:03:58,400 --> 00:04:01,840 Speaker 1: the goal and the hope for optimistic Rutgers fans is 84 00:04:01,880 --> 00:04:04,200 Speaker 1: that the high school football in New Jersey is very, 85 00:04:04,320 --> 00:04:06,360 Speaker 1: very good and and and if you can convince a 86 00:04:06,360 --> 00:04:08,920 Speaker 1: few of them to stick around, there is potential to 87 00:04:08,960 --> 00:04:11,200 Speaker 1: be a very good program. Excuse my ignorance, are Rutgers? 88 00:04:11,240 --> 00:04:13,160 Speaker 1: What's the state? It was high point? Is it's still 89 00:04:13,280 --> 00:04:16,720 Speaker 1: high point? Or wasn't there? There's a recent change, right, 90 00:04:16,880 --> 00:04:18,719 Speaker 1: there's a new one and the name is escaping me, 91 00:04:18,800 --> 00:04:22,839 Speaker 1: but it is. It's what it is time that you 92 00:04:22,920 --> 00:04:25,960 Speaker 1: signed the deal prior to Greg Siano coming back, when 93 00:04:25,960 --> 00:04:29,200 Speaker 1: the program could return to prominence. Absolutely, And one of 94 00:04:29,240 --> 00:04:31,279 Speaker 1: the things that's worth mentioning, you know, as part of 95 00:04:31,360 --> 00:04:35,280 Speaker 1: Rutgers moved to the Big ten years ago. Yeah it's 96 00:04:35,360 --> 00:04:40,920 Speaker 1: s shs jokes right themselves. That's right, that's what. That's right. 97 00:04:42,040 --> 00:04:44,440 Speaker 1: But but one of the contingencies of Rutgers move is 98 00:04:44,480 --> 00:04:46,760 Speaker 1: that they didn't get the big the full big tent 99 00:04:46,800 --> 00:04:49,040 Speaker 1: payout immediately, right. They get kind of like you know, 100 00:04:49,600 --> 00:04:52,919 Speaker 1: grandfather didn't in steps, so Rutgers, you know, they're getting 101 00:04:52,920 --> 00:04:54,760 Speaker 1: twenty five million from the Big ten right now, other 102 00:04:54,760 --> 00:04:57,280 Speaker 1: schools are getting fifty right so so there will be 103 00:04:57,320 --> 00:04:59,520 Speaker 1: a lot of money that comes on as they gradually 104 00:04:59,560 --> 00:05:02,160 Speaker 1: get a big egger and bigger share of the Big ten. 105 00:05:02,240 --> 00:05:05,400 Speaker 1: Time happy they have a landing spot for its exactly 106 00:05:05,480 --> 00:05:07,720 Speaker 1: exactly so you know, as I said, things are gonna 107 00:05:07,720 --> 00:05:09,400 Speaker 1: get more expensive. They are going to be getting more 108 00:05:09,440 --> 00:05:12,480 Speaker 1: money from from from the Big tent. But if this 109 00:05:12,720 --> 00:05:15,080 Speaker 1: experiment does not work out, if if they end up 110 00:05:15,400 --> 00:05:18,479 Speaker 1: subsidizing more or even at this level and still not 111 00:05:18,600 --> 00:05:21,520 Speaker 1: having success because the team has been very bad, um, 112 00:05:21,839 --> 00:05:24,480 Speaker 1: you begin to wonder if this Big ten move was 113 00:05:24,520 --> 00:05:27,239 Speaker 1: something records directors, fans should all be pulling for Ohio State. 114 00:05:27,880 --> 00:05:31,240 Speaker 1: That's by the way, and before we moved to the 115 00:05:31,240 --> 00:05:34,400 Speaker 1: next topic, Alabama is not going to make the playoffs 116 00:05:34,560 --> 00:05:36,440 Speaker 1: and out of the top five for the first time 117 00:05:36,440 --> 00:05:39,640 Speaker 1: in five years. And I feel so sorry for the kicker, 118 00:05:40,279 --> 00:05:44,560 Speaker 1: uh Josephus. He had a chance to tie it playing 119 00:05:44,560 --> 00:05:48,479 Speaker 1: against Auburn. How many this is? What? This is what 120 00:05:48,600 --> 00:05:51,120 Speaker 1: I would say to the Alabama fan base that's harassing 121 00:05:51,160 --> 00:05:57,400 Speaker 1: this kid. What was the score it was? You gave 122 00:05:57,520 --> 00:06:03,640 Speaker 1: up forty eight points? Yes you did? Diagree? Enough about 123 00:06:03,680 --> 00:06:07,960 Speaker 1: the three that he missed. You gave up forty eight 124 00:06:08,600 --> 00:06:11,960 Speaker 1: points to Auburn, and this poor young man wrote a 125 00:06:12,040 --> 00:06:16,000 Speaker 1: note to saying, I'm so sorry I missed this time 126 00:06:16,040 --> 00:06:19,560 Speaker 1: and again. It's insane. I feel so bad for him. 127 00:06:19,600 --> 00:06:24,160 Speaker 1: So just just remember their You know, Scott Norwood had 128 00:06:24,200 --> 00:06:27,880 Speaker 1: the same thing happened with the Bills. Trust me, life 129 00:06:27,880 --> 00:06:32,440 Speaker 1: will go on. It's just a game, right in business. 130 00:06:32,520 --> 00:06:37,640 Speaker 1: And he's what maximum old? Yeah, yeah, he's a sophomore 131 00:06:37,720 --> 00:06:40,840 Speaker 1: and just that's terrible. But up next, let's talk about 132 00:06:40,880 --> 00:06:44,480 Speaker 1: TV rights in baseball, with MLB voting to give teams 133 00:06:45,200 --> 00:06:48,520 Speaker 1: stand alone broadcast rights to their games for the start 134 00:06:48,560 --> 00:06:51,000 Speaker 1: of You know how we knew this was coming, Michael 135 00:06:51,000 --> 00:06:56,359 Speaker 1: Barr When the Yes Network was repurchased by the Yankees. 136 00:06:56,760 --> 00:06:59,359 Speaker 1: They put together a little syndicate. Who was in that 137 00:06:59,440 --> 00:07:04,200 Speaker 1: syndicate side Sinclair and Redbird Capital and Ontario? Who is 138 00:07:04,200 --> 00:07:08,200 Speaker 1: in that syndey Amazon? And then you had to say, 139 00:07:08,240 --> 00:07:10,440 Speaker 1: once you saw that, you're like, well, what's the purpose 140 00:07:10,480 --> 00:07:14,720 Speaker 1: of bringing Amazon here? What what is the strategic advantage here? 141 00:07:15,360 --> 00:07:17,760 Speaker 1: This is what they knew was they fooled me at first, 142 00:07:17,800 --> 00:07:21,160 Speaker 1: I'm like, okay, why is Amazon coming in this answer 143 00:07:21,640 --> 00:07:25,600 Speaker 1: here right here. This is it, And the question is 144 00:07:26,720 --> 00:07:32,040 Speaker 1: does it do any damage to the regional sports network model? Now? 145 00:07:32,320 --> 00:07:36,600 Speaker 1: Does it draw viewers away? Most think no, they really don't. 146 00:07:36,760 --> 00:07:39,520 Speaker 1: Baseball thesis is a way to keep up with the 147 00:07:39,600 --> 00:07:44,400 Speaker 1: younger viewers. Like I don't see Michael bar tuning into 148 00:07:44,400 --> 00:07:47,080 Speaker 1: his favorite baseball game, his local baseball game on his 149 00:07:47,120 --> 00:07:49,520 Speaker 1: computer or his phone, but I do see your son 150 00:07:49,800 --> 00:07:53,360 Speaker 1: perhaps having an account and logging on to see it, 151 00:07:53,840 --> 00:07:58,360 Speaker 1: so they'll watch and see how this affects, uh, the 152 00:07:58,560 --> 00:08:02,320 Speaker 1: RSN viewership. But if you're going to move forward in baseball, 153 00:08:02,480 --> 00:08:05,160 Speaker 1: the teams know their local markets better. They always felt 154 00:08:05,400 --> 00:08:08,360 Speaker 1: that they could do better, they could optimize these rights. 155 00:08:08,600 --> 00:08:10,080 Speaker 1: Now they're going to get their shot. I think we 156 00:08:10,200 --> 00:08:11,960 Speaker 1: got an answer to that question a couple of months 157 00:08:11,960 --> 00:08:14,240 Speaker 1: ago when Steve rab the president of sn Y, was 158 00:08:14,320 --> 00:08:16,160 Speaker 1: on our podcast and we talked about this exact thing, 159 00:08:16,160 --> 00:08:17,440 Speaker 1: and one of the things he said is that he 160 00:08:17,480 --> 00:08:22,560 Speaker 1: believed that baseball fans were better served if the teams 161 00:08:22,600 --> 00:08:25,920 Speaker 1: and therefore their rs n s, had an option to 162 00:08:26,040 --> 00:08:28,960 Speaker 1: kind of control these digital rights as well. So I 163 00:08:29,000 --> 00:08:30,960 Speaker 1: think that you know, at least in some markets, r 164 00:08:31,080 --> 00:08:32,960 Speaker 1: s and folks are going to be happy here, um, 165 00:08:33,000 --> 00:08:35,640 Speaker 1: just to catch up listeners on exactly what happened here. 166 00:08:35,640 --> 00:08:38,240 Speaker 1: You know, for for a long time, individual teams have 167 00:08:38,280 --> 00:08:40,559 Speaker 1: been able to sell their TV rights, right, which is 168 00:08:40,600 --> 00:08:42,400 Speaker 1: why Yes Network has the Yankees and s N y 169 00:08:42,440 --> 00:08:45,240 Speaker 1: has the Mets, but the digital rights have always been 170 00:08:45,320 --> 00:08:47,480 Speaker 1: owned by Major League Baseball as part of their MLB 171 00:08:47,679 --> 00:08:50,840 Speaker 1: Dot TV product. So if you live in New York, 172 00:08:50,880 --> 00:08:54,560 Speaker 1: the only way to watch Mets games on your phone 173 00:08:54,640 --> 00:08:57,800 Speaker 1: or on your computer is by being a subscriber TV 174 00:08:58,000 --> 00:09:01,160 Speaker 1: wise to s N y UM. And what that creates 175 00:09:01,200 --> 00:09:04,160 Speaker 1: a mendicated account, this big group of local fans in 176 00:09:04,200 --> 00:09:08,240 Speaker 1: every market who are not TV subscribers, who can't watch 177 00:09:08,800 --> 00:09:11,640 Speaker 1: the local games, right, And I think Baseball realizes that's 178 00:09:11,640 --> 00:09:13,880 Speaker 1: a It's a bigger and bigger amount of people out there, 179 00:09:13,920 --> 00:09:17,000 Speaker 1: cord cutters or cordine evers who don't have a TV subscription, 180 00:09:17,000 --> 00:09:20,760 Speaker 1: who can can't watch it, who can't watch their local games, 181 00:09:20,960 --> 00:09:22,480 Speaker 1: and that's a problem. So I think a part of 182 00:09:22,480 --> 00:09:25,280 Speaker 1: this is one trying to fix all of those people. 183 00:09:25,320 --> 00:09:27,480 Speaker 1: And then the opposite is also true. There are people, 184 00:09:27,800 --> 00:09:29,439 Speaker 1: you know, there are some markets out there. Iowa I 185 00:09:29,440 --> 00:09:31,720 Speaker 1: think is one of them, Hawaii might be another where 186 00:09:32,360 --> 00:09:35,400 Speaker 1: at least six teams are blacked out where you live, right, 187 00:09:35,440 --> 00:09:38,000 Speaker 1: so you can't watch any of those teams on the 188 00:09:38,120 --> 00:09:41,240 Speaker 1: MLB Dot TV product, right. So, so they're also trying 189 00:09:41,280 --> 00:09:43,520 Speaker 1: to solve this other problem, which is there are fans 190 00:09:43,600 --> 00:09:46,640 Speaker 1: around the country who can't watch a number of teams 191 00:09:46,640 --> 00:09:49,120 Speaker 1: when they buy the national product just because of the 192 00:09:49,160 --> 00:09:51,640 Speaker 1: blackout restrictions on broadcast. I wonder if they're going to 193 00:09:51,800 --> 00:09:55,480 Speaker 1: change the rules about it and and educate me on this. 194 00:09:56,040 --> 00:09:58,679 Speaker 1: It used to be and it's not just baseball, especially 195 00:09:58,760 --> 00:10:02,640 Speaker 1: in football whatever. Back in my day at the stadium 196 00:10:02,760 --> 00:10:06,920 Speaker 1: had to sell out, the park had to sell out. Yeah, 197 00:10:07,120 --> 00:10:09,320 Speaker 1: I mean, and it's like it seems silly to me 198 00:10:09,400 --> 00:10:13,960 Speaker 1: because now you all of your advertisements that you could 199 00:10:13,960 --> 00:10:17,800 Speaker 1: have sold locally to that TV station were shot down 200 00:10:17,840 --> 00:10:21,600 Speaker 1: the tubes. Whereas now I'm wondering if they're reversing that saying, okay, 201 00:10:21,800 --> 00:10:24,000 Speaker 1: let's put it on TV and if they come to 202 00:10:24,040 --> 00:10:29,880 Speaker 1: the park, that'll be adorable and not adorable advertisements Advertisements 203 00:10:29,880 --> 00:10:34,439 Speaker 1: from Michael Bart also known as commercial. I am curious 204 00:10:34,440 --> 00:10:36,880 Speaker 1: and guys, give me your thoughts. Do you think that 205 00:10:36,920 --> 00:10:39,319 Speaker 1: these if I'm pick a team will use the Mets 206 00:10:39,360 --> 00:10:41,160 Speaker 1: because we've been using them. If I'm the Mets and 207 00:10:41,200 --> 00:10:44,240 Speaker 1: I now have digital rights to sell, do you think 208 00:10:44,240 --> 00:10:46,319 Speaker 1: they end up with S and the Mets own S 209 00:10:46,360 --> 00:10:47,679 Speaker 1: and Y. So maybe not a great example. But do 210 00:10:47,720 --> 00:10:50,679 Speaker 1: you think we're gonna see other partners coming in for 211 00:10:50,720 --> 00:10:52,920 Speaker 1: a lot of baseball teams or do you think the 212 00:10:53,240 --> 00:10:55,600 Speaker 1: TV networks are just gonna end up gobbling up all 213 00:10:55,640 --> 00:10:58,120 Speaker 1: these rights to give as a keep. I think you're 214 00:10:58,120 --> 00:10:59,760 Speaker 1: going to kind of look at the strategics and see 215 00:10:59,800 --> 00:11:02,120 Speaker 1: who who can help us here, who's got the infrastructure, 216 00:11:02,120 --> 00:11:06,200 Speaker 1: who has to know how? Yeah, though, especially the big boys, Uh, 217 00:11:06,400 --> 00:11:08,240 Speaker 1: they gotta get it right. You know that they don't 218 00:11:08,240 --> 00:11:10,440 Speaker 1: want this, these lag problems. They don't. I think you're 219 00:11:10,480 --> 00:11:12,199 Speaker 1: gonna start to see more and more of the Amazon's 220 00:11:12,240 --> 00:11:14,559 Speaker 1: coming in. So the rsns that are owned by teams 221 00:11:14,600 --> 00:11:16,280 Speaker 1: probably are going to end up with these rights. But 222 00:11:16,480 --> 00:11:18,480 Speaker 1: if you're a team that doesn't own the network that 223 00:11:18,559 --> 00:11:23,920 Speaker 1: broadcaster games, you may end up with a with Amazon Facebook. Correct. Finally, 224 00:11:24,800 --> 00:11:27,600 Speaker 1: this one aggravates me, and I knew this was gonna happen. 225 00:11:27,760 --> 00:11:30,120 Speaker 1: I remember which one it is. In the NFL, we 226 00:11:30,200 --> 00:11:35,679 Speaker 1: have a least ending Josh Shaw, he's an injured defensive 227 00:11:35,679 --> 00:11:38,920 Speaker 1: back on the Arizona Cardinals, for betting on football games 228 00:11:38,920 --> 00:11:42,000 Speaker 1: this year. He knows dog one, Well, if you're in 229 00:11:42,040 --> 00:11:46,720 Speaker 1: the NFL, you cannot bet on games. But forget it. 230 00:11:46,800 --> 00:11:48,760 Speaker 1: He just said I'm gonna be on the game, and 231 00:11:48,800 --> 00:11:52,120 Speaker 1: I don't know. Angread a guy for just doing something 232 00:11:52,160 --> 00:11:54,880 Speaker 1: he knows he shouldn't do. He knows he shouldn't. Look, 233 00:11:55,000 --> 00:11:57,520 Speaker 1: he knows this going in, and he does it. So 234 00:11:57,600 --> 00:12:01,079 Speaker 1: I would I would love much slice perform enhancing drugs. 235 00:12:01,120 --> 00:12:04,719 Speaker 1: You shouldn't take them because you know you're not. No. 236 00:12:04,920 --> 00:12:08,480 Speaker 1: Even with performance and hancing drugs, you're trying to enhance 237 00:12:08,520 --> 00:12:11,800 Speaker 1: your performance on the field. At least you're trying to 238 00:12:11,840 --> 00:12:16,240 Speaker 1: do that. This guy knows you're getting paid. Don't bet 239 00:12:16,280 --> 00:12:18,840 Speaker 1: on the blasted game. I would love to know what 240 00:12:19,080 --> 00:12:22,720 Speaker 1: the educational process is for the NFL league wide and 241 00:12:22,760 --> 00:12:25,720 Speaker 1: also for individual teams in terms of telling players exactly 242 00:12:25,760 --> 00:12:27,320 Speaker 1: what you just said, because you're right, they're not. They're 243 00:12:27,320 --> 00:12:33,080 Speaker 1: not as I mean, they know is it? It is 244 00:12:33,120 --> 00:12:34,959 Speaker 1: all the sports They posted a locker room. They know 245 00:12:35,080 --> 00:12:36,960 Speaker 1: he just did it because he wanted to be sure. 246 00:12:37,040 --> 00:12:39,280 Speaker 1: So he's an injured reserve. He hasn't played since the 247 00:12:39,320 --> 00:12:41,360 Speaker 1: first preseason game. You know it was in Vegas with 248 00:12:41,360 --> 00:12:44,959 Speaker 1: his buddies. Apparently didn't try to hide it in any capacity, 249 00:12:46,200 --> 00:12:49,280 Speaker 1: used his idea in his player card, placed the wager. 250 00:12:49,320 --> 00:12:51,160 Speaker 1: We don't know if he was gambling on his team's 251 00:12:51,200 --> 00:12:54,760 Speaker 1: games or not. He was not, you know, at the facility. 252 00:12:55,160 --> 00:12:57,200 Speaker 1: The NFL said they had no evidence that that inside 253 00:12:57,200 --> 00:13:00,280 Speaker 1: information was used or that you know, any any games 254 00:13:00,280 --> 00:13:03,400 Speaker 1: were compromised. If you think this is the only guy 255 00:13:03,480 --> 00:13:07,600 Speaker 1: in the NFL, he's just the first to get called. 256 00:13:08,000 --> 00:13:10,000 Speaker 1: And kudos to the NFL in my opinion, for for 257 00:13:10,040 --> 00:13:12,520 Speaker 1: coming out harsh on this right here rested this year 258 00:13:12,840 --> 00:13:15,319 Speaker 1: all of next year. Uh, he can appeal that we'll 259 00:13:15,320 --> 00:13:20,680 Speaker 1: see where everything everything is built on a foundation that 260 00:13:20,760 --> 00:13:26,360 Speaker 1: the public has the assumption that these games are games 261 00:13:26,520 --> 00:13:32,400 Speaker 1: of skill who's whose outcomes are not predetermined. If any 262 00:13:32,440 --> 00:13:37,360 Speaker 1: of the confidence in that premise goes away, all those 263 00:13:37,400 --> 00:13:40,520 Speaker 1: revenue streams built upon these guys running around the field 264 00:13:40,600 --> 00:13:43,400 Speaker 1: or skating on ice or whatever, they go away too. 265 00:13:43,920 --> 00:13:48,040 Speaker 1: The integrity of the game is the most important thing 266 00:13:48,200 --> 00:13:51,400 Speaker 1: these leagues have. They cannot risk losing it. By the way, 267 00:13:51,400 --> 00:13:53,600 Speaker 1: do you does the name Josh Reabel for other of 268 00:13:53,600 --> 00:13:56,959 Speaker 1: you know, so he kind of famous a couple of 269 00:13:57,000 --> 00:13:59,320 Speaker 1: years ago. You may remember the story he when he 270 00:13:59,360 --> 00:14:01,840 Speaker 1: was playing at you See broke, I think both of 271 00:14:01,880 --> 00:14:05,560 Speaker 1: his ankles jumping out of a balcony and he and 272 00:14:05,600 --> 00:14:07,960 Speaker 1: he originally claimed he was trying to save his nephew 273 00:14:08,000 --> 00:14:10,080 Speaker 1: who was drowning, and it later came out that he 274 00:14:10,080 --> 00:14:13,080 Speaker 1: was running from the cops after a domestic disputing his girlfriend. 275 00:14:14,120 --> 00:14:17,480 Speaker 1: The same he's the same guy. He's a nickname who 276 00:14:17,559 --> 00:14:19,960 Speaker 1: I imagine doesn't make you any happier, Michael. But I 277 00:14:20,000 --> 00:14:24,760 Speaker 1: do think that you're right, Scott, He's He's certainly not 278 00:14:24,800 --> 00:14:28,160 Speaker 1: the only one I didn't know that. I do wonder 279 00:14:28,240 --> 00:14:31,320 Speaker 1: if if this is if the punishment of this nature, 280 00:14:31,480 --> 00:14:33,840 Speaker 1: you know, at least the season and a half band 281 00:14:33,960 --> 00:14:36,360 Speaker 1: from the league might be enough to open some eyes 282 00:14:36,400 --> 00:14:38,800 Speaker 1: around there for players who are thinking, you know, I 283 00:14:38,800 --> 00:14:40,120 Speaker 1: could just do this on the side a couple of 284 00:14:40,160 --> 00:14:42,440 Speaker 1: times and maybe not get caught. This feels like a 285 00:14:42,480 --> 00:14:45,200 Speaker 1: big enough field. True that he didn't use any inside information, 286 00:14:45,200 --> 00:14:48,000 Speaker 1: he hadn't been in his own team. If that's true, 287 00:14:48,920 --> 00:14:51,760 Speaker 1: then why in God's name are you betting? I mean 288 00:14:51,840 --> 00:14:53,520 Speaker 1: that at least you think you're getting an advantage, you 289 00:14:53,560 --> 00:14:56,080 Speaker 1: win some money, what's the motive? Go bet on baseball? 290 00:14:56,360 --> 00:14:58,240 Speaker 1: Bet on bet if you just need the fix of 291 00:14:58,240 --> 00:15:01,200 Speaker 1: betting and you'd like to watch the to basketball, bet 292 00:15:01,280 --> 00:15:06,960 Speaker 1: on something else basketball. I would think at some point 293 00:15:06,960 --> 00:15:09,640 Speaker 1: we're gonna know he's gonna speak right, and we're gonna 294 00:15:09,640 --> 00:15:11,240 Speaker 1: get his side of the story. And I am very 295 00:15:11,240 --> 00:15:13,120 Speaker 1: curious to know if if it is now that I 296 00:15:13,120 --> 00:15:15,000 Speaker 1: don't do this balcony story, I don't know. I don't 297 00:15:15,000 --> 00:15:18,200 Speaker 1: need to hear his It's one of two things, right, 298 00:15:18,200 --> 00:15:20,000 Speaker 1: he either knew he shouldn't do this and was in 299 00:15:20,080 --> 00:15:22,160 Speaker 1: Vegas with his friends, and you know, I didn't think 300 00:15:22,200 --> 00:15:23,720 Speaker 1: it was as big a deal as everyone told him 301 00:15:23,720 --> 00:15:26,720 Speaker 1: and he did it, or somehow he missed the sign 302 00:15:26,760 --> 00:15:30,760 Speaker 1: that that's in the locker room or the Yeah, there's 303 00:15:30,760 --> 00:15:32,440 Speaker 1: no way he missed it. There's no way I can 304 00:15:32,480 --> 00:15:34,080 Speaker 1: see a world where he thought I can't bet on 305 00:15:34,120 --> 00:15:37,920 Speaker 1: the Cardinals, but if I'm not playing, what I can 306 00:15:37,960 --> 00:15:41,080 Speaker 1: bet on the Patriots for VENs and say, is this 307 00:15:41,120 --> 00:15:44,280 Speaker 1: is the this is the excuse. I wasn't really paying attention. 308 00:15:44,400 --> 00:15:46,240 Speaker 1: I was with my guys in Vegas. I had had 309 00:15:46,280 --> 00:15:54,600 Speaker 1: a few drinks, I said St. Louis Cardinals, I said, 310 00:15:55,520 --> 00:15:57,400 Speaker 1: or did I not? My bad? Yeah, it was the 311 00:15:57,440 --> 00:15:59,760 Speaker 1: Cardinals to win the World Series. Might have five hundred 312 00:16:00,080 --> 00:16:06,040 Speaker 1: once again my hand. We ever need an excuse? Email Scott, Yes, 313 00:16:06,440 --> 00:16:10,240 Speaker 1: I thought Carpenter was pitching. My bad. I just we 314 00:16:10,440 --> 00:16:17,480 Speaker 1: now that we have online gambling, sports gambling. Everybody at 315 00:16:17,560 --> 00:16:20,160 Speaker 1: people don't have it, but it's going to grow, and 316 00:16:20,280 --> 00:16:23,520 Speaker 1: this just hinders all of that. You make a lot 317 00:16:23,520 --> 00:16:26,200 Speaker 1: of money on the football field, and God bless you, 318 00:16:26,520 --> 00:16:30,240 Speaker 1: but please don't screw this all up for the rest 319 00:16:30,280 --> 00:16:36,080 Speaker 1: of us. Monday morning, it's all about for me now, 320 00:16:36,120 --> 00:16:37,960 Speaker 1: I see where that why he's annoyed. This is an 321 00:16:37,960 --> 00:16:42,160 Speaker 1: angry Bloomberg Business of Sports podcast. I am. I'm Michael Barr, 322 00:16:42,200 --> 00:16:46,560 Speaker 1: along with Scotti and Evan Noby Williams. Here every Monday. 323 00:16:46,600 --> 00:16:49,480 Speaker 1: By Wednesday be more sedate Michael Barr and Thursday exploring 324 00:16:49,480 --> 00:16:50,960 Speaker 1: the world of money and you can join us again. 325 00:16:50,960 --> 00:16:52,760 Speaker 1: At the end of the week. We're speaking with Paul Rabel, 326 00:16:53,160 --> 00:16:56,200 Speaker 1: lacrosse player about the first years coming in studio and 327 00:16:56,440 --> 00:16:58,680 Speaker 1: back in New York. We're gonna find out what makes 328 00:16:58,880 --> 00:17:03,160 Speaker 1: a fledgling league, what makes it successful, How do you 329 00:17:03,280 --> 00:17:06,360 Speaker 1: gauge success? And then how do you go to your 330 00:17:06,359 --> 00:17:08,960 Speaker 1: two what went right? What went wrong? Now? That called 331 00:17:08,960 --> 00:17:11,040 Speaker 1: me now because I had Paul's a friend of the show. 332 00:17:11,760 --> 00:17:14,560 Speaker 1: All Right, you're listening to Bloomberg Business of Sports on 333 00:17:14,600 --> 00:17:17,160 Speaker 1: Bloomberg Radio around the world and online wherever you get 334 00:17:17,200 --> 00:17:17,840 Speaker 1: your podcasts.