WEBVTT - How Mike McCarley is Revolutionizing Golf with TGL 0:00:02.480 --> 0:00:09.200 Bloomberg Audio Studios, Podcasts, Radio News. 0:00:12.880 --> 0:00:14.280 Hi everyone, welcome back to the Deal. 0:00:14.320 --> 0:00:17.360 I'm your host, Jason Kelly alongside my partner Alex Rodriguez. 0:00:17.360 --> 0:00:19.480 All Right, Alex, I feel like, you know, it's been 0:00:19.520 --> 0:00:21.720 seventy two hours since I've seen It's like the longest 0:00:21.720 --> 0:00:23.040 we've gone in a couple of weeks. 0:00:23.160 --> 0:00:24.840 Like, what have you been up to? What's going on? 0:00:25.480 --> 0:00:28.960 My preference, Jason, if I saw you daily? We text 0:00:29.000 --> 0:00:30.240 daily anyways, exactly. 0:00:30.280 --> 0:00:33.560 We know exactly what's going on in each other's lives 0:00:33.560 --> 0:00:36.440 and in the sports world. So we were at Sloan 0:00:36.800 --> 0:00:41.480 MIT Sloan Sports Analytics Conference last week, a really, really 0:00:41.479 --> 0:00:44.920 fun conversation with David Blitzer. I'm so excited for people 0:00:44.960 --> 0:00:47.360 to hear that later on this spring, and we talk 0:00:47.400 --> 0:00:51.040 about one of One. This is a guy who we 0:00:51.080 --> 0:00:53.559 could have gone for three hours, don't you think we 0:00:53.600 --> 0:00:53.920 could have? 0:00:54.000 --> 0:00:55.600 And I mean he is one of one. That's a 0:00:55.640 --> 0:00:58.160 perfect way to describe him. I mean to think he's 0:00:58.160 --> 0:01:01.200 been at Blackstone since nineteen ninety one and now he's 0:01:01.200 --> 0:01:04.200 making a paradigm shift to run in his family office. 0:01:04.440 --> 0:01:08.080 And what I think our viewers would really find interesting 0:01:08.200 --> 0:01:12.880 in our listeners is he has an extraordinary amount of 0:01:13.000 --> 0:01:16.800 equity across every sports platform and how he uses a 0:01:16.880 --> 0:01:19.200 data all the way from Little League as being a 0:01:19.240 --> 0:01:22.679 partner to cal Ripken to what he does with his 0:01:22.760 --> 0:01:26.520 guardians and everything else in between is a fascinating conversation. 0:01:26.680 --> 0:01:29.760 Yeah, so really look forward to everyone getting to hear that. 0:01:30.160 --> 0:01:33.039 So here's one interesting thing. I actually meant to text 0:01:33.080 --> 0:01:35.039 you this. So I was texting with Jess Gallman, you know, 0:01:35.080 --> 0:01:37.559 who's sort of the convener along with Daryl moriy of Sloan, 0:01:38.040 --> 0:01:41.720 and I was saying to her, I feel like one 0:01:41.720 --> 0:01:44.560 of the measures and this is a snooty measure, so 0:01:44.800 --> 0:01:47.120 like fair warning, but one of the measures of a 0:01:47.120 --> 0:01:49.400 really great conference is like the power of. 0:01:49.360 --> 0:01:50.000 The green room. 0:01:50.360 --> 0:01:53.120 And man, when we walked in there and saw all 0:01:53.200 --> 0:01:56.040 the other folks who were going to be on stage 0:01:56.080 --> 0:01:58.120 had been on the stage. You know, we saw triple ages. 0:01:58.160 --> 0:02:01.600 We were like walking through the there were all these 0:02:01.680 --> 0:02:06.000 NWSL owners, there were Celtics executives. Like interestingly enough, it 0:02:06.080 --> 0:02:09.320 was a lot of not surprisingly our deal universe. Kitlin Goo, 0:02:09.360 --> 0:02:11.000 who is a guest on the show, she was actually 0:02:11.000 --> 0:02:13.720 on a panel with the guy who's gonna be our 0:02:13.720 --> 0:02:16.839 guest today Mike McCary from TGL, and they were talking 0:02:16.840 --> 0:02:19.519 about emerging league. So it really was a who's who 0:02:19.760 --> 0:02:22.960 and so excited to dig into that. In the meantime, 0:02:23.840 --> 0:02:27.360 there's been a lot happening in the sports media world. 0:02:27.919 --> 0:02:29.639 Our guy, Stephen A. 0:02:29.800 --> 0:02:33.240 Smith, he told us last year when he taped this 0:02:33.320 --> 0:02:35.920 show he was gonna get paid, Alex, he got paid. 0:02:36.600 --> 0:02:38.760 He got paid, and he's worth every every dollar. 0:02:38.800 --> 0:02:41.560 Look, the head of ESPN, Jimmy Potero, loves him, and 0:02:42.000 --> 0:02:45.760 for good reason. I mean, he is very, very compelling. 0:02:46.280 --> 0:02:48.560 Love him or hate him, you're going to tune in. 0:02:49.160 --> 0:02:53.360 He has very strong opinions. He's well informed. Yeah, and 0:02:53.440 --> 0:02:56.040 my favorite thing is, I mean when he walks into arenas, 0:02:56.840 --> 0:02:59.000 it's like Michael Jordan, I mean, is a trot. 0:02:59.400 --> 0:03:00.960 He's a phenomenal talent. 0:03:01.120 --> 0:03:01.320 Yeah. 0:03:01.360 --> 0:03:03.480 So he's going to get one hundred million dollars about 0:03:03.480 --> 0:03:06.760 twenty million a year. And what I found so interesting 0:03:06.800 --> 0:03:08.720 is I was sort of reading about it talking to people. 0:03:09.320 --> 0:03:11.560 He told us when he sat down with us that 0:03:12.320 --> 0:03:15.080 first of all, he was chasing the bag. He's unapologetic 0:03:15.160 --> 0:03:19.280 about that, but also he wanted more, say, more flexibility, 0:03:19.680 --> 0:03:23.120 more ownership and and to your point about the influence 0:03:23.360 --> 0:03:29.040 he look, he went viral last week over a confrontation 0:03:29.120 --> 0:03:30.919 of sorts he had with Lebron James. So you know, 0:03:31.000 --> 0:03:33.000 Lebron comes over to him in the middle of the game. 0:03:33.160 --> 0:03:35.200 This is what I love about steven A. Right, steven 0:03:35.240 --> 0:03:38.240 A is sitting courtside, He's sitting in between Larry David 0:03:38.280 --> 0:03:41.240 and Ari Emmanuel like talk about like a power move, 0:03:41.360 --> 0:03:44.520 just a power a seat, and Lebron comes over and 0:03:44.640 --> 0:03:46.680 gets in his face about what steven A has been 0:03:46.720 --> 0:03:51.000 saying about Bronnie, and steven A then turns it, as 0:03:51.000 --> 0:03:54.360 he does, into a viral moment. The entire morning the 0:03:54.400 --> 0:03:56.600 next morning on Big Take and on the steven A 0:03:56.640 --> 0:03:58.680 Smith Show was all about that encounter. 0:03:58.720 --> 0:04:01.720 It's amazing. His content this generation is incredible. 0:04:02.280 --> 0:04:05.600 It is a gigantic win for steven A. Smith, is 0:04:05.640 --> 0:04:09.040 an enormous win for ESPN. But this is the deal, 0:04:09.120 --> 0:04:11.040 and I do want to just kind of go back 0:04:11.080 --> 0:04:15.040 and double tap a little bit on the deal because 0:04:15.160 --> 0:04:18.200 if you think about it, it took probably two months 0:04:18.279 --> 0:04:20.760 for steven A Smith and ESPN to agree to one hundred. 0:04:21.080 --> 0:04:23.839 It took about twelve months to get all the fine 0:04:23.920 --> 0:04:25.960 print on what he can do what he can't do. 0:04:26.240 --> 0:04:28.520 Can he do on YouTube? Can he go into politics? 0:04:29.200 --> 0:04:32.520 It just tells you deals have never been more complicated, 0:04:32.920 --> 0:04:35.080 and this is a perfect example of that. 0:04:35.440 --> 0:04:38.680 Yeah, and I'm glad you brought that up, because what 0:04:38.760 --> 0:04:43.919 the complexity speaks to is how multi platform you have. 0:04:43.800 --> 0:04:45.719 To be if you're going to be successful. 0:04:45.760 --> 0:04:50.240 Listen, I'm like going down the self referential rabbit hole here, 0:04:50.279 --> 0:04:52.440 but it's like, think about this show. You can listen 0:04:52.440 --> 0:04:53.839 to it, you can watch it on YouTube, you can 0:04:53.880 --> 0:04:55.840 watch it on blueberg dot com, you can read about 0:04:55.880 --> 0:04:59.480 it all these you see it on social We have 0:04:59.520 --> 0:05:01.960 to think that way. Steven A has been thinking that 0:05:02.000 --> 0:05:05.159 way for a long time, and he is He is 0:05:05.200 --> 0:05:07.159 a business man for sure. 0:05:07.279 --> 0:05:07.600 All right. 0:05:07.640 --> 0:05:12.400 Speaking of businessmen, another guy familiar to our listeners, Dave Roberts, 0:05:12.520 --> 0:05:15.359 probably not your favorite guy back in the mall because 0:05:15.360 --> 0:05:17.839 he beatured New York Yankees to win the World Series. 0:05:17.880 --> 0:05:19.880 Of course, the manager of the Dodger, as Dave Roberts is, 0:05:20.160 --> 0:05:22.400 he's getting paid as well, eight point one million dollars 0:05:22.440 --> 0:05:25.080 a year a four year extension he signs. Tell me 0:05:25.120 --> 0:05:28.200 about the significance of that deal from your perspective. 0:05:28.200 --> 0:05:32.839 Well, I think Jason the power shift in sports, but 0:05:32.920 --> 0:05:36.440 I would say baseball is probably most synonymous with analytics, 0:05:36.520 --> 0:05:39.680 and they were the you know, going back to you know, 0:05:39.800 --> 0:05:43.120 Brad Pitt and Billy Bean, right and moneyball. If you 0:05:43.200 --> 0:05:46.760 go back to those days, I think Sandy Alderson who 0:05:46.800 --> 0:05:49.440 was a mentor to Billy Bean. He had a guy 0:05:49.480 --> 0:05:51.839 by the name of Art Howe, and basically the front 0:05:51.880 --> 0:05:54.240 office message started back then a couple of decades ago, 0:05:54.279 --> 0:05:57.560 which was saying, we the front office, have all the power. 0:05:58.160 --> 0:06:00.480 We were hired to be the voice of the team. 0:06:00.520 --> 0:06:02.520 Will give you a seat at the table. But as 0:06:02.560 --> 0:06:04.200 long as you run the team the way we want 0:06:04.200 --> 0:06:06.720 to run it, analytics are and D departments. 0:06:06.880 --> 0:06:10.320 You are are a guy. And the days of. 0:06:10.520 --> 0:06:14.440 Loopanella Buck Show, Walter Joe Torre being in charge, those 0:06:14.520 --> 0:06:17.000 days are over. And I think one of the things 0:06:17.160 --> 0:06:20.280 that Dave Roberts have done has done a beautiful job 0:06:20.320 --> 0:06:23.479 with is check the ego the door, both his experience 0:06:23.480 --> 0:06:27.080 and his playing days and really be a collaborator and 0:06:27.160 --> 0:06:30.200 really the lead. But let's make no mistake the front 0:06:30.240 --> 0:06:33.080 officer running this team. One great example of the shift 0:06:33.160 --> 0:06:36.240 in power I remember in six o seven when Joe 0:06:36.240 --> 0:06:38.400 Tory was the manager and my manager with the Yankees. 0:06:38.760 --> 0:06:41.279 He was making around six or seven million dollars at 0:06:41.279 --> 0:06:45.000 that time. Brian Cashman, the GM was making a million dollars. 0:06:45.560 --> 0:06:49.400 Today those numbers have completely reversed. Now you have a 0:06:49.400 --> 0:06:51.880 guy like Andrew Friedman, the head of baseball for the Dodgers, 0:06:51.920 --> 0:06:56.000 making ten million, and before this deal, Dave Roberts was 0:06:56.040 --> 0:06:58.240 making closer to two to four million. Yeah, and that 0:06:58.360 --> 0:07:01.599 tells you where things are, or as where the power lies. 0:07:01.800 --> 0:07:02.120 Wow. 0:07:02.520 --> 0:07:05.320 So I have to say you surprised me there. 0:07:05.360 --> 0:07:07.080 I did not think that's what you were going to say, 0:07:07.120 --> 0:07:09.320 because I see this paycheck and I'm like, wow. You know, 0:07:09.720 --> 0:07:11.640 he and Craig Counsel are sort of like more or 0:07:11.720 --> 0:07:14.240 less even in terms of being the highest paid managers 0:07:14.280 --> 0:07:17.120 Craig Council of course of the Cubs. That's fascinating because 0:07:17.200 --> 0:07:20.560 I remember watching I mean, I read the book Moneyball, 0:07:20.640 --> 0:07:23.400 as I think anybody who cares about sports either has 0:07:23.520 --> 0:07:27.520 or should Michael Lewis's phenomenal, phenomenal book. And then the 0:07:27.560 --> 0:07:31.640 movie you mentioned, Brad Pitt, you know you remember so vividly. 0:07:32.080 --> 0:07:36.320 Art how was played by the late Philip Seymour Hoffman 0:07:36.720 --> 0:07:37.600 to great effect. 0:07:37.800 --> 0:07:41.080 And he was I mean his legs. 0:07:40.720 --> 0:07:45.040 Were cut off underneath him right by Billy Bean because 0:07:45.040 --> 0:07:47.440 Billy Bean was dictating, here's who we're gonna play, Here's 0:07:47.480 --> 0:07:50.600 who we're gonna get rid of. Made some very dramatic decisions. 0:07:50.640 --> 0:07:53.440 So that is continuing. That's really fascinating. So is that 0:07:53.480 --> 0:07:54.240 good for baseball? 0:07:54.720 --> 0:07:55.960 I think it's good. 0:07:55.760 --> 0:07:59.400 But I think, you know, like most things, Jason, the 0:07:59.400 --> 0:08:02.680 pendulum go THO sometimes overcorrects way too much to the right. 0:08:03.000 --> 0:08:04.600 And I think when you land, whether you want to 0:08:04.680 --> 0:08:08.280 land at fifty fifty or sixty seventy or seventy thirty, 0:08:08.320 --> 0:08:10.200 whatever you want to do, it can be one hundred 0:08:10.200 --> 0:08:12.360 percent to zero. Yeah, and you still have to have 0:08:12.440 --> 0:08:15.280 experience in baseball people. And that's why I think today's 0:08:15.320 --> 0:08:18.520 modern day manager, the perfect person for that is a 0:08:18.520 --> 0:08:21.000 guy like Dave Roberts or Aaron Boone with the Yankees 0:08:21.360 --> 0:08:24.440 or Greg Council with the Cubs. You have to check 0:08:24.440 --> 0:08:27.440 your ego to door and you have to be you're 0:08:27.480 --> 0:08:29.800 running these franchises a little bit more like a board. 0:08:29.960 --> 0:08:33.200 And ironically this might be surprising to our listeners, Jason, 0:08:33.840 --> 0:08:37.480 that the most powerful person in the organization where the 0:08:37.520 --> 0:08:40.520 buck stops. It's really not with the manager, and is 0:08:40.520 --> 0:08:44.120 not with the general manager, is with the head of analytics. 0:08:44.280 --> 0:08:44.800 Yeah. 0:08:44.920 --> 0:08:48.320 Again, a dramatic shift. And you've obviously seen it. I 0:08:48.320 --> 0:08:50.840 mean you see it. I would imagine in basketball too. 0:08:51.280 --> 0:08:53.079 You know, you and I run across you more than 0:08:53.120 --> 0:08:55.640 I in a more intimate way in your travels with 0:08:56.240 --> 0:09:01.200 some very powerful people, you know, inside basketball teams, football teams, etc. 0:09:02.000 --> 0:09:05.120 Who are the men and women who have the numbers? 0:09:05.160 --> 0:09:07.240 And if you have the numbers, I mean, listen, that's 0:09:07.280 --> 0:09:09.319 the whole basis. Going back to where we started, we 0:09:09.360 --> 0:09:12.920 were hundreds of people at the at Sloan, at the 0:09:12.960 --> 0:09:13.920 business school at MIT. 0:09:14.360 --> 0:09:15.600 MIT is all about numbers. 0:09:15.640 --> 0:09:18.560 And I mean the analysis that they're doing both on 0:09:18.600 --> 0:09:21.559 the business side and on the field, on the pitch, 0:09:21.600 --> 0:09:24.559 on the court. We've never seen anything like this before. 0:09:24.600 --> 0:09:27.840 And you know, we were talking to Blitz, David Blitzer again. 0:09:28.320 --> 0:09:31.120 He was talking about how much he uses analytics across 0:09:31.160 --> 0:09:33.959 his portfolio, and he feels like he's just getting started. 0:09:34.000 --> 0:09:36.960 So you do wonder as the pendulum swings back and 0:09:37.000 --> 0:09:39.200 forth where all of these sports land. And I would 0:09:39.240 --> 0:09:42.720 imagine and here I'm leaning on your expertise across multiple 0:09:42.760 --> 0:09:46.400 professional sports. I guess the answer is different depending on 0:09:46.440 --> 0:09:47.960 the team and depending on the sport. 0:09:48.040 --> 0:09:48.280 Right. 0:09:48.720 --> 0:09:52.800 Look, I think one of the things that analytics you've 0:09:52.800 --> 0:09:55.960 got to be cautious for, and this kind of a 0:09:56.040 --> 0:09:59.560 cautious tale, is that sometimes analytics does not see what 0:09:59.640 --> 0:10:02.200 a guy like our former guest Johnny Damon brings to 0:10:02.200 --> 0:10:05.559 the tape. Yeah, and his confidence and his swagger and 0:10:05.600 --> 0:10:09.199 his ability to make the clubhouse mood more fun and 0:10:09.840 --> 0:10:12.160 less especially in a place like New York where you 0:10:12.160 --> 0:10:12.880 want to lower. 0:10:12.760 --> 0:10:14.520 The temperature, you want to lower the pressure. 0:10:14.960 --> 0:10:18.719 Guys like John Olerude, my former teammate, Johnny Damon, they 0:10:18.720 --> 0:10:21.120 may not be like the greatest players of all time 0:10:21.160 --> 0:10:24.160 when it comes to analytics, but when you combined what 0:10:24.240 --> 0:10:27.680 they bring to the clubhouse plus their analytics, the world champions. 0:10:27.720 --> 0:10:29.200 And that's exactly what we did in New York with 0:10:29.280 --> 0:10:29.920 Johnny Damon. 0:10:30.200 --> 0:10:31.480 Yeah, that's a great example. 0:10:31.520 --> 0:10:35.440 And if folks did not see that one on your feet, 0:10:35.440 --> 0:10:38.960 you should definitely go back listen to Johnny Damon. I mean, man, 0:10:39.080 --> 0:10:41.040 talk about one of one. If you made that guy up, 0:10:41.080 --> 0:10:42.840 no one would believe you. He's unbelievable. 0:10:43.240 --> 0:10:46.880 We even had our first political reference, which we weren't expecting. 0:10:47.240 --> 0:10:49.319 We certainly need, we certainly did. 0:10:49.360 --> 0:10:51.640 I guess in retrospect, if anyone was going to do it, 0:10:51.640 --> 0:10:52.480 it was going to be him. 0:10:52.520 --> 0:10:53.320 So check that out. 0:10:53.360 --> 0:10:55.560 And also, if you're going back to the feed, check 0:10:55.559 --> 0:10:58.520 out our conversation with Steven A. Smith from last year, 0:10:58.840 --> 0:11:02.080 because he he lays it all out. He talks about 0:11:02.720 --> 0:11:05.679 the foundation of his argument that ultimately led to this 0:11:05.720 --> 0:11:08.160 big deal. And I went back and listened to some 0:11:08.200 --> 0:11:11.800 of it, and you knew exactly where he was going, 0:11:12.280 --> 0:11:14.760 and you knew that if he didn't get this number, 0:11:14.800 --> 0:11:16.800 and he essentially said it to us, if he didn't 0:11:16.800 --> 0:11:18.600 get the number that he wanted, which I think this 0:11:18.880 --> 0:11:20.400 was it, he was gone. 0:11:20.720 --> 0:11:22.600 And I think ESPN knew that all right. 0:11:22.640 --> 0:11:24.440 Coming up on the deal, the CEO and the co 0:11:24.480 --> 0:11:28.080 founder of Tomorrow's Sports. That's Mike McCarley. You know him 0:11:28.160 --> 0:11:31.640 best as the co creator of TGL. You've seen it 0:11:31.679 --> 0:11:33.719 on TV, maybe you've seen it live. We're going to 0:11:33.800 --> 0:11:35.640 chop it up with him and get into the business 0:11:35.679 --> 0:11:49.280 of golf. Stay tuned, all right, Well, joining us now 0:11:49.320 --> 0:11:51.800 is Mike McCarley. He's the founder and CEO of Tomorrow's 0:11:51.800 --> 0:11:54.440 Sports founded back in twenty twenty two. 0:11:54.800 --> 0:11:56.880 The project that you're probably. 0:11:56.520 --> 0:11:59.960 Most familiar with that falls under their auspices is Tomorrow 0:12:00.240 --> 0:12:04.400 Golf League, also known as TGL. It's been I would say, 0:12:04.440 --> 0:12:08.120 Alex kind of inescapable in the best possible way. We 0:12:08.200 --> 0:12:10.080 see people talk about it, we hear people talk about 0:12:10.080 --> 0:12:13.080 in our world. I feel like the cap table is 0:12:13.120 --> 0:12:16.280 like a list of either former or dream guests on 0:12:16.320 --> 0:12:18.880 the deal. And so we're really happy, Mike to have 0:12:18.960 --> 0:12:22.800 you with us. So for those who don't know, break 0:12:22.840 --> 0:12:26.120 it down for us. What is TGL and how how 0:12:26.120 --> 0:12:28.240 do you describe it in your elevator pitch. 0:12:28.440 --> 0:12:32.800 Yeah, it's very simplest forms. It's a platform for primetime 0:12:32.840 --> 0:12:35.680 team golf. So can we take some of the best 0:12:36.200 --> 0:12:40.640 elements of golf that resonate with a modern media consumer, 0:12:40.760 --> 0:12:43.640 you know, modern fan, and try to put that into 0:12:43.679 --> 0:12:47.400 a format that will really resonate in today's age. 0:12:47.400 --> 0:12:48.400 And what does that mean? 0:12:48.480 --> 0:12:54.600 It means primetime live, two teams enter, one team leaves 0:12:54.640 --> 0:12:58.679 two hours later, a winner, lots of data, lots of moments, 0:12:58.960 --> 0:13:04.840 global stars. And what we found was the technology allowed 0:13:04.920 --> 0:13:07.920 us to do that. So we weren't setting out to 0:13:08.040 --> 0:13:11.760 create this, you know, super tech forward Golf League. We 0:13:11.760 --> 0:13:15.400 were setting out to create a short form version of 0:13:15.440 --> 0:13:17.640 golf that would appeal to younger fans that we could 0:13:17.640 --> 0:13:20.640 put it in in prime time in a team format 0:13:21.080 --> 0:13:23.840 that we thought would resonate in this day and age. 0:13:24.040 --> 0:13:27.240 And it happens to be true now that we're we're 0:13:27.280 --> 0:13:28.760 three months or so into the season. 0:13:29.240 --> 0:13:33.560 So, Mike, you served as NBC you know, sports president, 0:13:34.200 --> 0:13:36.840 you know, for golf and other departments. At what point 0:13:36.880 --> 0:13:38.560 are you just sitting back in your family on a 0:13:38.600 --> 0:13:41.160 Saturday and saying, I have an idea. 0:13:41.640 --> 0:13:43.320 How do you even come up with such a great idea? 0:13:43.600 --> 0:13:46.320 Yeah, it's over time, I would say. 0:13:46.400 --> 0:13:48.760 You know, one of my first jobs at NBC was 0:13:48.800 --> 0:13:51.800 working with a lot of the different Olympics sports and 0:13:52.200 --> 0:13:54.439 marketing the Olympics. 0:13:54.720 --> 0:13:55.600 And in a lot of. 0:13:55.720 --> 0:13:59.160 Ways, what you do in between the Olympics is those 0:13:59.200 --> 0:14:02.280 sports wilme to you and ask you, you know, how 0:14:02.320 --> 0:14:05.280 can we be better on television if you look at 0:14:05.320 --> 0:14:08.800 sports through that lens, you know, how can a certain 0:14:08.880 --> 0:14:12.760 sport perform better on television? In a lot of ways, 0:14:12.880 --> 0:14:15.800 It's spent the last of the quarter century or so, 0:14:15.880 --> 0:14:18.160 I was at NBC sports. The last ten or so 0:14:18.320 --> 0:14:21.280 years I was dedicated to golf. So if you're looking 0:14:21.320 --> 0:14:24.800 at a sport every single day through that lens, you 0:14:24.840 --> 0:14:28.080 start to notice a handful of things. When the US 0:14:28.160 --> 0:14:31.560 Open goes to the West Coast and the US Opens 0:14:31.560 --> 0:14:35.040 in primetime on the East, ratings pop. We see it 0:14:35.080 --> 0:14:38.200 in the Ryder Cup every few years, when the guys 0:14:38.200 --> 0:14:40.640 are in a team environment and they can feed off 0:14:40.680 --> 0:14:43.120 that energy and they can feed off of each other. 0:14:43.440 --> 0:14:45.800 Some real moments are created from that. 0:14:45.920 --> 0:14:48.000 So if we kind of take the elements of prime 0:14:48.040 --> 0:14:50.360 time the elements of team golf and put them together, 0:14:50.680 --> 0:14:53.280 how do we create more of those moments in a 0:14:53.320 --> 0:14:54.320 condensed fashion? 0:14:54.880 --> 0:14:55.800 And then I think the. 0:14:55.800 --> 0:14:58.440 Other piece of it, Alex is just watching what's happened 0:14:58.440 --> 0:15:03.080 in technology general throughout sports. If you can imagine, you know, 0:15:03.200 --> 0:15:07.040 watching a football game now without the first and ten line, 0:15:07.480 --> 0:15:09.800 and how hard it would be to kind of explain 0:15:09.960 --> 0:15:12.840 to a fan who's just dropping into the sport for 0:15:12.880 --> 0:15:15.720 the first time what it is that they're trying to do. 0:15:15.800 --> 0:15:17.360 It really helps demystify the. 0:15:17.360 --> 0:15:20.200 Sport of football, much in the same way the tracer 0:15:20.280 --> 0:15:23.560 line on the golf ball really helps to demystify what 0:15:23.800 --> 0:15:25.760 some of the best players in the world are trying 0:15:25.800 --> 0:15:27.680 to do when they're out on a golf course. So 0:15:27.760 --> 0:15:30.080 all of those things coming together, you know, it just 0:15:30.160 --> 0:15:33.640 kind of shows you what is possible and when you 0:15:33.680 --> 0:15:36.160 when you put it all into one piece, what comes 0:15:36.160 --> 0:15:39.000 out is something that looks a lot like TJL And so. 0:15:39.560 --> 0:15:41.560 How do I mean we're getting into the nitty gritty 0:15:41.600 --> 0:15:44.240 of the deal. It's it's called the deal. Uh So 0:15:44.640 --> 0:15:47.200 this stands to reason, like, how do you go about, 0:15:47.280 --> 0:15:49.880 like you put together a pitch deck, Like, what's what's 0:15:49.920 --> 0:15:53.280 the process for you to sort of bring this to life? 0:15:53.280 --> 0:15:54.560 What are the first early steps? 0:15:54.560 --> 0:15:58.360 Because I am anticipating already what Alex's next question is 0:15:58.400 --> 0:16:00.440 going to be, and it has to do the certain 0:16:00.480 --> 0:16:01.600 most famous golfer in the world. 0:16:01.600 --> 0:16:04.520 But that was a very important meeting. 0:16:04.520 --> 0:16:07.440 We'll just say that leading up to it, you're noticing 0:16:07.520 --> 0:16:10.440 all these things that I just described, and you start 0:16:10.480 --> 0:16:13.920 to form a thesis and then you start talking to people, 0:16:14.440 --> 0:16:16.240 and you know, it was very close to Tiger and 0:16:16.280 --> 0:16:18.680 his team and very close to Rory and his team, 0:16:18.920 --> 0:16:21.800 just being so involved in golf with NBC and Golf Channel, 0:16:22.280 --> 0:16:25.680 and then the pandemic hits, and you're kind of thinking, Okay, 0:16:26.440 --> 0:16:29.400 if this is going to work, now's the time to 0:16:29.640 --> 0:16:33.640 make this work. Because technology and screens, you know, look 0:16:33.640 --> 0:16:36.800 at what we're doing right now, really started to take 0:16:36.840 --> 0:16:39.560 over and just have a much more important role in 0:16:39.600 --> 0:16:42.000 our life. And then you start to see, you know 0:16:42.040 --> 0:16:44.200 a lot of the tailwinds that are happening in sports 0:16:44.200 --> 0:16:47.240 with data coming in, you know, more and more media 0:16:47.280 --> 0:16:50.520 opportunities from for a live standpoint, and how that helps. 0:16:50.520 --> 0:16:53.600 Sports are really trying to keep the traditional media bundle together. 0:16:54.240 --> 0:16:58.440 So I middle a pandemic for kids homeschooled at home, 0:16:59.000 --> 0:17:00.920 I had my full time job, and my wife and 0:17:01.000 --> 0:17:03.440 I started kind of working on what this could look like. 0:17:04.040 --> 0:17:07.640 And then had a few conversations with Rob McNamara, who's 0:17:07.680 --> 0:17:10.840 on really close to Tiger on his team, few. 0:17:10.600 --> 0:17:12.680 Conversations with Ryan Dodters. 0:17:12.359 --> 0:17:15.840 Who's the CEO of Full Swing Technology Company, and a 0:17:15.880 --> 0:17:18.879 handful of others, and just continue to ask the question, 0:17:19.000 --> 0:17:20.359 you know, is this possible? 0:17:20.480 --> 0:17:21.400 Can you do this? 0:17:22.080 --> 0:17:24.640 And then eventually went and sat down with Tiger, and 0:17:24.880 --> 0:17:27.960 ninety minutes later he just looked at me and said, look, 0:17:28.000 --> 0:17:29.919 if I commit to doing this, will you commit to 0:17:29.960 --> 0:17:32.080 doing it too, and at that point I knew we 0:17:32.080 --> 0:17:33.360 were kind of off and running. 0:17:33.800 --> 0:17:36.159 Well, that's a great segue, thank you, Jason. 0:17:37.560 --> 0:17:40.920 So, Mike, I go back with Tiger when I first 0:17:41.040 --> 0:17:42.480 entered the major leagues at eighteen. 0:17:43.119 --> 0:17:44.560 We're about the same age. 0:17:45.000 --> 0:17:47.960 He was a freshman at Stanford, and that was when 0:17:48.000 --> 0:17:50.280 I first got to know him a little bit. You know, 0:17:50.359 --> 0:17:53.240 one of the things about Tiger, if you know him, 0:17:53.280 --> 0:17:57.200 he has one buffet type discipline, meaning that he says 0:17:57.240 --> 0:17:59.359 no to like ninety nine out of one hundred things. 0:18:00.320 --> 0:18:03.000 How the hell did you get him to say yes? 0:18:03.480 --> 0:18:05.840 So I'm Tiger, I'm a terrible golfer, but I would 0:18:05.840 --> 0:18:08.679 like to pretend I can be a poser. Pitch to 0:18:08.800 --> 0:18:11.240 Jason and I how you got him to say yes? 0:18:11.840 --> 0:18:15.440 We'll build a venue within thirty minutes of your house. 0:18:17.080 --> 0:18:21.639 You drive over, you play for two hours, you drive home. 0:18:22.320 --> 0:18:25.280 You keep your same schedule on the PGA tour, you 0:18:25.400 --> 0:18:28.240 keep your same prep for the Masters. You don't ever 0:18:28.240 --> 0:18:30.680 get an airplane, don't. You don't stay in a hotel. 0:18:31.160 --> 0:18:33.280 And if we do this right, they'll be you know, 0:18:33.359 --> 0:18:35.959 real money, like you would make if you're flying all 0:18:36.000 --> 0:18:37.880 over the world. You know, kind of wrecking a week 0:18:38.000 --> 0:18:40.560 or wrecking your body. And the reality is, you know, 0:18:41.680 --> 0:18:45.359 these guys you know for a very long time golfers. 0:18:45.400 --> 0:18:47.920 You know it's a global game and they travel all 0:18:47.960 --> 0:18:51.240 around the world to play, and I think they always will. 0:18:51.600 --> 0:18:54.400 But you get to a certain place in your career 0:18:54.600 --> 0:18:57.920 and frankly in your life where you're a father, you've 0:18:57.960 --> 0:19:00.200 got kids, you've got soccer games. 0:19:00.160 --> 0:19:01.199 Got other things. 0:19:01.440 --> 0:19:04.240 If you can have a way to monetize your time 0:19:04.880 --> 0:19:09.280 and create something that frankly, can be a legacy business 0:19:09.320 --> 0:19:13.000 for you for decades ahead, it's. 0:19:12.880 --> 0:19:15.159 Going to get your attention. And I think it was. 0:19:15.760 --> 0:19:17.520 It was a combination of a lot of things, but 0:19:17.600 --> 0:19:19.400 timing was a really important part of it. 0:19:19.880 --> 0:19:23.399 And so after that conversation, right hold on, Jason. 0:19:23.119 --> 0:19:25.840 So so, Alex, how's that pitch? If someone will come, well. 0:19:25.680 --> 0:19:28.240 It's great. I didn't want to hug the ball. 0:19:28.280 --> 0:19:30.440 But my second question was going to be a follow up, 0:19:31.000 --> 0:19:32.720 was why didn't you come to Jason and me that's 0:19:32.760 --> 0:19:33.240 the same. 0:19:35.280 --> 0:19:37.880 I haven't seen your golf games. I everyone has seen 0:19:37.960 --> 0:19:41.399 Tiger's golf games. Will say that you only got a 0:19:41.480 --> 0:19:43.840 hardball that flying an hour. 0:19:44.480 --> 0:19:45.040 That's fair. 0:19:45.760 --> 0:19:48.440 Listen, I can't speak for Alex, but if you had 0:19:48.440 --> 0:19:51.160 seen my golf game, that'd be a hard pass from 0:19:51.240 --> 0:19:54.280 your perspective. But I'm getting better, I'm trying. I'm trying 0:19:54.320 --> 0:19:57.800 my best, and so I would love to be in 0:19:57.840 --> 0:20:01.159 your head for that minute that you walk out of 0:20:01.160 --> 0:20:04.920 the meeting with Tiger. He's turned it around on you 0:20:05.040 --> 0:20:07.120 right and basically been like, if I'm doing this, you're 0:20:07.160 --> 0:20:10.240 doing it. What's the next step, what's the feeling? What's 0:20:10.240 --> 0:20:11.920 the first phone call you make at that point? 0:20:11.960 --> 0:20:14.399 And Mike before you answered that as you're walking in, 0:20:14.520 --> 0:20:18.119 I want to just piggyback up my partner, Jason handicap 0:20:18.160 --> 0:20:19.679 it are you thinking maybe fifty to fifty? 0:20:19.720 --> 0:20:21.600 Are you nervous? Are you excited? Are you just like 0:20:21.800 --> 0:20:22.840 there's a walk in the park. 0:20:23.240 --> 0:20:25.119 No, it wasn't a walk in the park, but I 0:20:25.119 --> 0:20:29.719 think my chances were pretty good, just because you know, 0:20:29.800 --> 0:20:32.760 we had done a lot of the pre work in advance. 0:20:32.880 --> 0:20:35.840 I mean, Tiger's got a great team around him. 0:20:36.240 --> 0:20:40.360 Rob McNamara, Chris Hubman, Mark Steinberg is a longtime agent, sure, 0:20:40.480 --> 0:20:43.920 and we had all been involved in other projects together 0:20:44.119 --> 0:20:47.280 and had spent some time on this before. So I think, 0:20:47.840 --> 0:20:50.520 you know, The next step was one me saying yes 0:20:50.560 --> 0:20:54.320 to that question and two calling Rory, and then within 0:20:54.359 --> 0:20:56.159 a couple of weeks, Rory was on board. 0:20:56.200 --> 0:20:57.680 And the plan all along was that. 0:20:57.680 --> 0:21:00.080 The three of us would go to the PGA to 0:21:00.359 --> 0:21:03.080 and bringing the PGA Tour on board as a partner. 0:21:03.640 --> 0:21:06.240 And you know, and that took after that first meeting, 0:21:06.280 --> 0:21:08.480 that took you a couple of weeks to kind of 0:21:08.480 --> 0:21:10.720 get Rory on board. It was a few phone calls. 0:21:11.200 --> 0:21:13.919 Rory and I had been involved in a few projects together, 0:21:14.000 --> 0:21:18.840 so and he already had this thesis about embracing technology 0:21:19.440 --> 0:21:22.959 to really help bring the sport of golf into the 0:21:22.960 --> 0:21:26.240 future and kind of this digital future for golf, and 0:21:26.320 --> 0:21:30.480 much like Tiger has a thesis that was aligned with 0:21:30.560 --> 0:21:34.240 getting more kids and families involved with sports, especially especially golf. 0:21:34.320 --> 0:21:36.480 So the two of them kind of saw what the 0:21:36.520 --> 0:21:38.879 future for the sport could look like. I was just 0:21:38.960 --> 0:21:41.439 coming in with the idea and frankly a little bit 0:21:41.480 --> 0:21:43.560 of the background and the track record to be able 0:21:43.560 --> 0:21:46.240 to pull something like this together. And getting the PGA 0:21:46.359 --> 0:21:48.359 Tour was a big piece of it, because we always 0:21:48.400 --> 0:21:51.200 wanted to do something that was going to be complimentary 0:21:51.280 --> 0:21:54.359 from a schedule standpoint for the players, so they could 0:21:54.400 --> 0:21:58.200 continue to play the schedule that they preferred to play, 0:21:58.760 --> 0:22:01.639 keep their existing sponsors, all of those sorts of things, 0:22:01.640 --> 0:22:05.320 and just making this additive to this existing ecosystem that's 0:22:05.320 --> 0:22:07.160 already really good for the players on PGA Tour. 0:22:07.720 --> 0:22:09.720 Talk us through building out the rest of the cap table, 0:22:09.760 --> 0:22:13.320 because you know, I sort of somewhat globally said it 0:22:13.359 --> 0:22:15.560 at the top, but it's like, these are the people 0:22:15.640 --> 0:22:18.720 that Alex and I sort of know admire. We think 0:22:18.720 --> 0:22:23.320 about these as the smartest investors, the savvyest athlete investors 0:22:23.600 --> 0:22:26.200 who are out there. You know, you're talking about Serena 0:22:26.440 --> 0:22:31.480 and Steph Curry, Fenway Sports Group, Stevie Cohen, David Blitzer, 0:22:31.640 --> 0:22:33.439 Mark Lazri. I mean, I could go on and on 0:22:33.480 --> 0:22:37.880 and on, Michael Strahan, Jeter, Eli Manning, Like, what's the 0:22:38.000 --> 0:22:42.240 process through which you do that, because people who are listening, 0:22:42.600 --> 0:22:44.879 who are entrepreneurial in thinking about an idea, are like 0:22:45.040 --> 0:22:47.639 salivating at the prospect of having that sort of cap table. 0:22:47.800 --> 0:22:48.000 Yeah. 0:22:48.280 --> 0:22:50.639 I think it's a good question, and it's one that 0:22:50.680 --> 0:22:52.240 we get asked a lot, But I mean, I think 0:22:52.240 --> 0:22:55.960 it's the very basic part of it is you've got 0:22:55.960 --> 0:22:59.720 a track record and a history in the sports business. 0:23:00.040 --> 0:23:03.239 We all know. It's a small world that we live in, 0:23:03.760 --> 0:23:03.960 you know. 0:23:04.000 --> 0:23:07.040 I like to think that through the years, I've developed 0:23:07.040 --> 0:23:11.600 a nice network of you know, strong relationships, and you 0:23:11.680 --> 0:23:13.800 try to treat people well, you know, all all the 0:23:13.800 --> 0:23:16.640 way around. So you start making a few phone calls. 0:23:16.680 --> 0:23:18.920 One of my first phone calls was Dick Eversall, who's 0:23:19.040 --> 0:23:22.040 a mentor of mine, worked very close to together for 0:23:22.080 --> 0:23:22.640 a long time. 0:23:22.800 --> 0:23:27.520 Dick Eversolt legendary like TV producer ran NBC Sports, you know, 0:23:27.640 --> 0:23:30.360 essentially invented the modern Olympics coverage. I think it's fair 0:23:30.400 --> 0:23:33.320 to say ran SNL for it. I mean, by the 0:23:33.359 --> 0:23:35.600 way his book, Alex, you should listen to it at 0:23:35.600 --> 0:23:39.040 some point. It's an unbelievable memoir of like sports and entertainment. 0:23:39.119 --> 0:23:40.240 Sorry, Mike, but go ahead. 0:23:40.880 --> 0:23:42.800 So so, yeah, that's a good point. 0:23:42.920 --> 0:23:47.720 Jason so called Dick because I kind of wanted him 0:23:47.720 --> 0:23:49.960 to talk me out of it. I mean, I got 0:23:50.040 --> 0:23:53.600 four little kids at home, you know, very good career, 0:23:53.840 --> 0:23:59.199 and he didn't. He said, I think it's a great concept, 0:23:59.520 --> 0:24:02.040 and if you can do you know, X, Y and 0:24:02.160 --> 0:24:05.000 Z things and get those done, you know, how big 0:24:05.040 --> 0:24:07.720 of a check can I write into this business to 0:24:07.760 --> 0:24:10.760 be the first investor, and it just kind of took 0:24:10.800 --> 0:24:13.560 off from there and we started. I mean, you guys know, 0:24:13.600 --> 0:24:17.040 it's like you introduce a concept to somebody and if 0:24:17.040 --> 0:24:19.360 they like it, they say, I'd like to introduce this 0:24:19.440 --> 0:24:22.280 to my friend so and so, And it just so 0:24:22.440 --> 0:24:24.880 happens that we're working in a group of people where 0:24:24.920 --> 0:24:26.920 the friends that they have or have, you know, all 0:24:26.920 --> 0:24:29.360 the capabilities and the wherewithal to be able to support 0:24:29.400 --> 0:24:32.120 something like this and frankly help make it fly. 0:24:32.680 --> 0:24:34.320 I mean the team owners that. 0:24:34.200 --> 0:24:38.280 We brought on board for TGL having Arthur Blank, having 0:24:38.359 --> 0:24:42.760 Alexis and Serena, having Fenway Sports Group, having Mark Lazar, 0:24:42.960 --> 0:24:47.040 having Steve Cohen. I mean, it's it's been a really 0:24:47.200 --> 0:24:51.880 successful group of people to put together and to kind 0:24:51.920 --> 0:24:54.199 of be advisors as you're building a business for the 0:24:54.240 --> 0:24:56.560 first time. And that's not to mention Tiger and David 0:24:56.600 --> 0:24:59.200 Blitzer teamed up to own the Jupiter team as well, 0:24:59.240 --> 0:25:01.280 So you get six people around the table that can 0:25:01.320 --> 0:25:04.359 help you build something. And for the teams that have 0:25:05.480 --> 0:25:08.359 really a portfolio that they can put this team in 0:25:08.400 --> 0:25:11.640 the middle of. From an operational standpoint really help them 0:25:11.680 --> 0:25:14.919 move very quickly and accelerate their growth very fast. 0:25:28.720 --> 0:25:31.480 On the other side of that, just one question is 0:25:31.800 --> 0:25:36.040 you know, with these deep pockets also come fairly large egos, 0:25:36.200 --> 0:25:38.440 strong opinions, a lot of thoughts. 0:25:39.359 --> 0:25:40.879 How do you manage that? 0:25:41.040 --> 0:25:46.280 And has your experience being a television executive can I 0:25:46.320 --> 0:25:48.399 help you kind of bring this all together? 0:25:48.960 --> 0:25:49.160 Yeah? 0:25:49.160 --> 0:25:51.240 I would say that was very helpful. 0:25:51.280 --> 0:25:54.480 I think it was also helpful having Tiger and Rory 0:25:54.560 --> 0:25:57.200 and the PGA Tour on as partners, because no one's 0:25:57.280 --> 0:26:00.960 going to question the golf at cum In, right, so 0:26:01.080 --> 0:26:05.280 the core sport of you know, our first project in TGL, 0:26:05.560 --> 0:26:08.639 no one's questioning why are you doing this? Why are 0:26:08.680 --> 0:26:11.440 you doing that? We would have discussions about it internally, 0:26:12.000 --> 0:26:14.080 but at the end of the day, you know, Tiger 0:26:14.119 --> 0:26:17.960 and Rory kind of bless a competitive format, and you know, 0:26:18.119 --> 0:26:20.359 we've we've had some things that we've changed along the 0:26:20.359 --> 0:26:23.119 way from the original plan, and a lot of times, 0:26:23.200 --> 0:26:25.280 you know, Tiger Rory have said, I like this idea, 0:26:25.400 --> 0:26:27.639 and we will go test it and come back and 0:26:27.680 --> 0:26:29.520 say here's what the testing tells us, and then you 0:26:29.560 --> 0:26:31.080 kind of make a decision to move forward. 0:26:31.480 --> 0:26:34.320 But I think, you know, managing egos. 0:26:34.440 --> 0:26:37.080 I think you have a general sense of you know, 0:26:37.600 --> 0:26:42.000 and reputation of who's going to be helpful, especially in 0:26:42.040 --> 0:26:45.320 the business at this stage, which is really important. The 0:26:45.359 --> 0:26:48.720 people who had been involved in startups before were I 0:26:48.800 --> 0:26:53.879 mean Arthur Blank's history with Home Depot alone, just understanding 0:26:53.920 --> 0:26:56.280 what it takes to pull something like this off and 0:26:56.320 --> 0:27:00.840 having lived it himself really helpful. I like to think 0:27:00.880 --> 0:27:03.959 that because of the cap table we've put together, we're 0:27:04.080 --> 0:27:06.679 one or two phone calls away from you know, getting 0:27:06.840 --> 0:27:09.320 the best advice on almost anything in the world. 0:27:09.800 --> 0:27:13.000 So this is not Mike not been without setbacks. I mean, 0:27:13.320 --> 0:27:18.800 obviously the arena itself essentially Malfa. 0:27:18.960 --> 0:27:21.440 I don't know, how would you describe it, lost the roof. 0:27:21.280 --> 0:27:21.800 On the building. 0:27:21.840 --> 0:27:24.400 I mean a lot like what happened in Tampa this 0:27:24.440 --> 0:27:28.520 past year from the hurricane. Yeah, those visuals were similar. 0:27:29.040 --> 0:27:32.040 Yeah, So that sets you back a full year, right 0:27:32.119 --> 0:27:35.080 in terms of launch. So what is that moment like 0:27:35.240 --> 0:27:37.600 and how how did you have to adjust at that 0:27:37.680 --> 0:27:41.320 point in terms of the modeling, in terms of you know, 0:27:41.400 --> 0:27:44.199 the TV content, like what's involved when you have to 0:27:44.240 --> 0:27:45.879 make that sort of decision to delay. 0:27:46.560 --> 0:27:48.440 Yeah, it's a very tough decision one. 0:27:49.040 --> 0:27:52.119 And I knew pretty quickly after we knew kind of 0:27:52.160 --> 0:27:53.479 the timeline. 0:27:52.920 --> 0:27:54.359 That we were looking at. 0:27:54.760 --> 0:27:58.560 I got there that later that day on site, and 0:27:58.600 --> 0:28:01.280 the team, the construction team, you know, I'd already put 0:28:01.280 --> 0:28:03.680 together a bunch of plans on how they could get 0:28:03.720 --> 0:28:07.000 something ready to go for that season, and I just 0:28:07.080 --> 0:28:08.879 knew that it was going to be rushed and it 0:28:08.920 --> 0:28:11.840 wasn't the right right idea. And I knew at that 0:28:11.880 --> 0:28:14.159 point my job was more consensus. 0:28:13.680 --> 0:28:14.920 Builder than anything else. 0:28:14.960 --> 0:28:19.320 I mean amongst investors, amongst team owners, amongst sponsors. We 0:28:19.359 --> 0:28:21.080 had so FI on board at that point, we had 0:28:21.240 --> 0:28:24.440 ESPN on board as a media partner, and the team 0:28:24.480 --> 0:28:27.360 owners pretty much all told me, you know, a bunch 0:28:27.359 --> 0:28:29.240 of one on one calls like, hey, we trust you, 0:28:29.240 --> 0:28:30.960 you know, come back to us with what you think 0:28:31.040 --> 0:28:33.560 is the best thing to do. I had a conversation 0:28:33.680 --> 0:28:36.280 with Anthony Notados, the CEO of so Far, and he said, look, 0:28:36.359 --> 0:28:39.080 I believed in this a year ago when you first 0:28:39.160 --> 0:28:41.080 told me about it. I'm going to believe in it 0:28:41.160 --> 0:28:43.800 more a year from now. So don't worry. We're going 0:28:43.880 --> 0:28:48.440 to be fine. And then ESPN Roz Durant. To her credit, 0:28:48.560 --> 0:28:51.760 she flew down Florida. We set at a coffee shop 0:28:51.880 --> 0:28:55.120 for two hours on a Saturday morning, and we walked 0:28:55.160 --> 0:28:58.840 through all the different scheduling opportunities and at the end 0:28:58.880 --> 0:29:01.160 of it, we knew, you know, part of the business 0:29:01.160 --> 0:29:05.040 when I started the scheduling piece of this was don't 0:29:05.080 --> 0:29:08.560 compete with football. Have football as something that's going to 0:29:08.560 --> 0:29:12.200 be a promotional vehicle for you. So after about an hour, 0:29:12.320 --> 0:29:17.160 we pretty much had decided the schedule for twenty twenty 0:29:17.200 --> 0:29:20.440 five should look almost exactly what the schedule for twenty 0:29:20.480 --> 0:29:23.440 twenty four was. And then the last hour we kind 0:29:23.440 --> 0:29:25.680 of just caught up on, you know, all the personal 0:29:25.720 --> 0:29:27.800 things and frankly, she just want to know how I 0:29:27.840 --> 0:29:30.520 was doing because it was a very stressful time, which 0:29:31.240 --> 0:29:35.680 those moments with a partner you remember forever, those people 0:29:35.680 --> 0:29:37.880 that were with you and kind of doing the right 0:29:37.960 --> 0:29:41.680 thing when you're in a tough spot. You always take 0:29:41.720 --> 0:29:44.040 that with you and you'll never forget it. It's a 0:29:44.160 --> 0:29:47.040 really important to note though. At that same time, what 0:29:47.200 --> 0:29:51.520 happened is the college football Playoff expanded, so the ESPN 0:29:51.600 --> 0:29:55.120 schedule changed, so we did have a few wrinkles, you know, 0:29:55.200 --> 0:29:58.000 even after we had decided generally what we should do, 0:29:58.160 --> 0:29:59.920 then there was a lot more work to be done 0:30:00.120 --> 0:30:03.080 because that was still that expansion was still to take place. 0:30:03.840 --> 0:30:06.760 Was there a moment or more than a moment when 0:30:07.240 --> 0:30:10.320 that accident happened, that you're like, Okay, I just this 0:30:10.400 --> 0:30:12.480 may not work like that, this may not get off 0:30:12.480 --> 0:30:12.880 the ground. 0:30:13.960 --> 0:30:17.360 Maybe I'm foolishly optimistic. 0:30:18.200 --> 0:30:21.480 But over five years of kind of nothing but building 0:30:21.520 --> 0:30:25.600 this business full time, those thoughts never really crept into 0:30:25.600 --> 0:30:26.000 my mind. 0:30:26.760 --> 0:30:29.400 I mean they were always for me. There was just 0:30:29.680 --> 0:30:35.320 there was no plan B. And if anyone seemed. 0:30:35.080 --> 0:30:37.240 To think they had a doubt that this wouldn't work, 0:30:37.800 --> 0:30:38.880 I just kind of moved on. 0:30:39.200 --> 0:30:41.200 You know, if an investor, a. 0:30:41.120 --> 0:30:45.240 Partner where everything was on zoom, because you were still 0:30:45.280 --> 0:30:48.200 in the early days of the pandemic, but if it 0:30:48.280 --> 0:30:50.480 just seemed like they didn't get it, I couldn't get 0:30:50.480 --> 0:30:53.480 off the phone fast enough because I could get waste my. 0:30:53.520 --> 0:30:56.360 Time and get with someone who really believed in it. 0:30:56.720 --> 0:31:00.960 Of course, of course, one thought, you know, mentors have 0:31:01.080 --> 0:31:04.920 been such an incredibly important part of my business career 0:31:05.120 --> 0:31:08.520 and baseball career. I'm wondering, you know, you're a young 0:31:08.520 --> 0:31:12.760 guy you're very experienced obviously, what a competitive advantage to 0:31:12.800 --> 0:31:15.920 be on television with such a great company at Comcast 0:31:16.000 --> 0:31:19.040 NBC for so many years. But wondering about more mentors 0:31:19.440 --> 0:31:23.000 that helped influence your career and really have helped you 0:31:23.560 --> 0:31:25.600 think about this project in particular. 0:31:26.600 --> 0:31:29.320 Yeah, it starts with Dick Iversol for sure. 0:31:29.520 --> 0:31:32.640 And then I spent really good time with Jim McKay 0:31:32.720 --> 0:31:35.080 when he came back and did his last Olympics in 0:31:35.120 --> 0:31:37.800 Salt Lake in two thousand and two. Then I spent 0:31:37.880 --> 0:31:39.920 a lot of time with John Madden when he came 0:31:39.960 --> 0:31:42.760 over to NBC for Sunday Night Football. And you know, 0:31:42.760 --> 0:31:44.400 there was a core group of us who just had 0:31:44.400 --> 0:31:48.680 a blast building those early days of Sunday Night Football 0:31:48.720 --> 0:31:53.160 with Dick and John and Al and Frekidelli and Drew Usakoff. 0:31:54.080 --> 0:31:56.600 And I would say when I came down move moved 0:31:56.600 --> 0:31:59.880 from New York to Florida, Arnold Palmer had founded the 0:32:00.080 --> 0:32:03.720 Off Channel in the early nineties and was still here 0:32:04.120 --> 0:32:07.880 and wasn't really involved with the business that much, but 0:32:07.960 --> 0:32:11.320 I went to go see him and really just kind 0:32:11.360 --> 0:32:15.160 of leaned on him as from a history standpoint of 0:32:15.200 --> 0:32:18.640 not just that business, but golf on television, which if 0:32:18.640 --> 0:32:20.960 he kind of traced back the history of golf and 0:32:21.000 --> 0:32:25.040 the popularity of golf on TV, it was color television, 0:32:25.280 --> 0:32:28.520 the Masters and Arnold Palmer in the early nineteen sixties 0:32:28.880 --> 0:32:29.880 that really. 0:32:29.560 --> 0:32:31.080 Made golf on TV fly. 0:32:31.640 --> 0:32:34.640 And then so you think about thirty years later, the 0:32:34.680 --> 0:32:37.720 guy gets on the front end of cable television and 0:32:37.760 --> 0:32:40.560 creates a twenty four to seven cable channel. 0:32:40.440 --> 0:32:43.160 Dedicated to the game, and he and I had long. 0:32:42.920 --> 0:32:48.720 Conversations about the future of golf global, US centric. He 0:32:48.840 --> 0:32:51.600 always told me, he goes, always remember and don't let 0:32:51.640 --> 0:32:54.840 everyone forget that television needs to be at the center 0:32:55.040 --> 0:32:57.479 of every decision on the future of the business of 0:32:57.520 --> 0:32:58.000 the sport. 0:32:58.280 --> 0:33:00.760 Wow, because it was so important in the in the 0:33:00.800 --> 0:33:02.240 building of it over time. 0:33:02.360 --> 0:33:05.640 So look, I was very fortunate to be able to 0:33:06.360 --> 0:33:08.680 kind of have these people placed in my life, and 0:33:09.000 --> 0:33:11.400 I think at a time in which they were willing 0:33:11.520 --> 0:33:14.520 to be patient and give back, which meant, you know, 0:33:14.520 --> 0:33:16.760 they were kind of on the older side of their 0:33:16.960 --> 0:33:20.480 careers and they were in a reflective mindset and wanted 0:33:20.520 --> 0:33:24.240 to share, which I was just smart enough to just 0:33:24.320 --> 0:33:26.160 kind of shut up and listen as much as I 0:33:26.200 --> 0:33:28.040 possibly could to learn from them. 0:33:28.200 --> 0:33:28.400 Mike. 0:33:28.440 --> 0:33:30.400 I love the great question, though, Alex, because I look, 0:33:30.480 --> 0:33:33.920 I think back on that I made decisions based on 0:33:35.200 --> 0:33:38.320 a history and a career of things that I've experienced, 0:33:38.640 --> 0:33:40.440 and a lot of times you don't really know why 0:33:40.440 --> 0:33:42.720 you made the decision, but you think about it later 0:33:42.760 --> 0:33:45.080 and you say, Okay, I made that decision because of X, 0:33:45.160 --> 0:33:47.560 Y and Z things that I know I saw. 0:33:47.400 --> 0:33:48.680 In my past. 0:33:48.800 --> 0:33:49.000 Yeah. 0:33:49.040 --> 0:33:51.480 Look, I'm obsessed with this because I didn't have the 0:33:51.560 --> 0:33:54.600 regular you know, go through college. But I guess for 0:33:55.080 --> 0:33:58.400 Jason and I and our listeners, can you maybe share 0:33:58.520 --> 0:34:01.640 one or two nuggets for each one of those guys 0:34:01.640 --> 0:34:03.440 that you learned that you still live with, and especially 0:34:03.440 --> 0:34:04.880 a guy like you know, John Madden. 0:34:05.360 --> 0:34:10.359 Yeah, I say with coach Madden and Arnold both were 0:34:10.640 --> 0:34:14.200 so genuine and it was amazing just to kind of 0:34:14.239 --> 0:34:19.440 see how they treated people and how that persona over 0:34:19.560 --> 0:34:22.920 time that was just them. They were so genuine and 0:34:22.960 --> 0:34:25.480 just kind of both this just man of the people 0:34:25.960 --> 0:34:30.080 approached that everyone identified with. And they were really savvy 0:34:30.160 --> 0:34:33.319 business people, but they saw a good idea or they 0:34:33.320 --> 0:34:35.400 saw you know, something and they just knew that was 0:34:35.440 --> 0:34:37.640 the right thing to do and they went after it, 0:34:37.719 --> 0:34:40.960 you know, and there wasn't a whole lot of strategy sessions. 0:34:41.040 --> 0:34:43.399 It was more just a lot of gut and I. 0:34:43.320 --> 0:34:44.840 Think this is the right thing to do, for the 0:34:44.920 --> 0:34:47.920 right reason and with the right people, and so we're going. 0:34:47.920 --> 0:34:48.920 To do it. 0:34:48.160 --> 0:34:51.719 It's interesting to think about those two guys, especially the 0:34:51.719 --> 0:34:56.520 way that you framed them, Mike, I had never heard 0:34:56.560 --> 0:35:00.439 that about Arnold palmer fit and it. If I knew 0:35:00.440 --> 0:35:02.399 that he had started the golf channel, I'd forgotten. That's 0:35:02.440 --> 0:35:07.120 such a fascinating idea of him putting television at the 0:35:07.160 --> 0:35:10.040 center of the game, because that is not intuitive, that's 0:35:10.040 --> 0:35:12.439 not an obvious insight, to be honest. So you think 0:35:12.440 --> 0:35:16.120 about that, and then you think about John Madden almost 0:35:16.160 --> 0:35:21.120 single handedly revolutionizing football and television, you know, changing the 0:35:21.200 --> 0:35:25.479 style in which the content is delivered, et cetera. Talk 0:35:25.520 --> 0:35:29.680 to us about how not just those guys, but your 0:35:29.760 --> 0:35:34.680 whole career at NBC has influenced the television product for TGL, 0:35:34.840 --> 0:35:38.799 which I mean essentral to its success. How are you 0:35:38.840 --> 0:35:41.839 thinking about it now? What are the early takeaways as 0:35:41.880 --> 0:35:43.320 you sort of moved through this first season. 0:35:43.880 --> 0:35:45.920 Yeah, I think part of it is I kind of 0:35:45.960 --> 0:35:47.640 thought about in my career. 0:35:47.800 --> 0:35:51.839 Two big things at NBC that weren't golf for the Olympics, 0:35:51.880 --> 0:35:55.200 and so did I football. And you work for four 0:35:55.280 --> 0:35:59.319 years and you know, the day of the opening ceremony, 0:36:00.040 --> 0:36:01.759 you've got all of these things that you want to 0:36:01.840 --> 0:36:04.160 get done by that date. You know, much like the 0:36:04.200 --> 0:36:07.680 athletes are preparing to get everything done by that competition, 0:36:07.800 --> 0:36:09.200 and they got to be all. You know, they have 0:36:09.239 --> 0:36:12.319 to peak for that competition. And if you don't get 0:36:12.360 --> 0:36:15.320 it done, you're you're waiting four years to try it again. 0:36:15.880 --> 0:36:19.080 And then you juxtapose that with a property like Sunday 0:36:19.120 --> 0:36:21.759 Night Football, and you. 0:36:21.680 --> 0:36:26.040 Can make improvements every single week. You know, some of 0:36:26.040 --> 0:36:28.680 them are big, some of them minute. But over the 0:36:28.719 --> 0:36:32.560 course of a season, the first week products compared to 0:36:32.600 --> 0:36:37.080 the last week's product better damn well, be a lot better. 0:36:37.120 --> 0:36:38.880 And you make a lot of changes and a lot 0:36:38.920 --> 0:36:40.040 of improvements because of it. 0:36:40.120 --> 0:36:43.440 So I with TGL, you know, we had one chance 0:36:43.480 --> 0:36:47.239 to launch as as good and as big as you 0:36:47.280 --> 0:36:47.960 possibly can. 0:36:48.600 --> 0:36:50.359 You know, check we did that. And you know, we're 0:36:50.400 --> 0:36:53.280 creating a version of a sport. You know, we're basically 0:36:53.320 --> 0:36:57.800 from scratch trying to appeal to everything that a consumer 0:36:57.800 --> 0:37:01.960 in twenty twenty five would want to latch onto and 0:37:02.000 --> 0:37:04.880 then our job and I preach this to our team 0:37:04.960 --> 0:37:08.799 every week is continual improvement, every single week, and it 0:37:08.800 --> 0:37:12.680 doesn't matter what area it is, necessarily every area needs 0:37:12.680 --> 0:37:16.000 to be improving. I found this kind of concept that 0:37:16.040 --> 0:37:21.080 if you're not changing something, you're choosing. 0:37:21.280 --> 0:37:22.400 That this is good enough. 0:37:22.800 --> 0:37:25.080 And I don't think any of us are ever signing 0:37:25.160 --> 0:37:28.120 up to be any anything we ever do any day 0:37:28.680 --> 0:37:31.920 that's good enough. You always want to be able to 0:37:32.000 --> 0:37:34.920 make it better. And if you're not seeing things that 0:37:34.960 --> 0:37:36.480 can make it better, you're probably not. 0:37:36.520 --> 0:37:37.200 Doing your job. 0:37:37.840 --> 0:37:38.200 Wow. 0:37:38.760 --> 0:37:41.640 One of the interesting things that I saw and are 0:37:42.160 --> 0:37:43.440 as we were sort of pulling together. 0:37:43.640 --> 0:37:44.959 You know what's going on with you guys. 0:37:44.960 --> 0:37:48.200 You're bringing down that the median age viewer is sort 0:37:48.200 --> 0:37:50.600 of coming down for golf, which is kind of key. 0:37:51.000 --> 0:37:52.080 I say this as a. 0:37:52.239 --> 0:37:56.120 Definitively middle aged white man, I'm sort of the target audience. 0:37:56.360 --> 0:37:58.560 But what you really want is like my kids, my 0:37:58.680 --> 0:38:02.640 college age kids watching this, So how do you continue 0:38:03.040 --> 0:38:03.520 to do that? 0:38:03.800 --> 0:38:06.160 And also, you know, you mentioned something that I. 0:38:06.160 --> 0:38:09.120 Wanted to sort of double tap on, as Alex says, 0:38:09.520 --> 0:38:14.040 which is this notion of finding the right windows in 0:38:14.120 --> 0:38:18.360 which to put it on both seasonally but even like 0:38:18.480 --> 0:38:20.239 day of the week. It feels like that has been 0:38:20.360 --> 0:38:22.520 very deliberate. So talk to us a little bit about that. 0:38:22.840 --> 0:38:28.160 Yeah, Look, the youth movement was really important, and it's 0:38:28.200 --> 0:38:30.200 something that we knew. 0:38:30.280 --> 0:38:32.759 We could put together a lot of. 0:38:32.520 --> 0:38:39.520 The concepts and ideas that we either knew or thought 0:38:39.680 --> 0:38:43.440 would translate into a younger audience. But you don't really 0:38:43.520 --> 0:38:46.120 know if you're going to get a younger audience until 0:38:46.200 --> 0:38:51.040 you actually see the data after you put your first 0:38:51.360 --> 0:38:56.160 few competitions on. And frankly, we were surprised at how 0:38:56.239 --> 0:38:58.719 young it was, and I was surprised at how young 0:38:58.760 --> 0:39:02.120 it got as fast as it did. It was almost immediately, 0:39:02.880 --> 0:39:07.200 you know, first first night, fifty two years old median age, 0:39:07.239 --> 0:39:10.400 which is on par with the NBA, which Alex knows 0:39:10.760 --> 0:39:14.240 is one of the youngest sports, really the youngest major 0:39:14.280 --> 0:39:18.759 American sport on television. And then a large percentage, you know, 0:39:18.840 --> 0:39:21.160 on par with the NBA as well, was in that 0:39:21.320 --> 0:39:25.120 advertiser coveted eighteen to forty nine year old demographic. And 0:39:25.120 --> 0:39:26.600 the reason why we say it that way is is 0:39:26.640 --> 0:39:29.319 that's what advertisers are buying. They're buying that eighteen to 0:39:29.360 --> 0:39:32.799 forty nine with disposal income and spending habits that'll be 0:39:33.000 --> 0:39:35.640 kind to prove out lifetime value. Frankly, it's about a 0:39:35.680 --> 0:39:39.399 dozen years younger than traditional golf. Which that was one 0:39:39.440 --> 0:39:42.760 of the conversations that I had with with Jay Monahan 0:39:42.840 --> 0:39:45.520 when I went and talked to him about doing this 0:39:45.560 --> 0:39:47.799 in partnership with the PGA Tour, is if we do 0:39:47.960 --> 0:39:51.799 this right, you know, there will be younger fans who 0:39:51.800 --> 0:39:55.880 will get introduced to a player on primetime watching TGL 0:39:55.960 --> 0:39:58.719 on ESPN, and then that same player will be on 0:39:58.760 --> 0:40:01.600 the leader board that's that today or Sunday on CBS 0:40:01.680 --> 0:40:04.880 or NBC, and that fan that saw them on Monday 0:40:04.960 --> 0:40:08.040 or Tuesday night in primetime will follow that player because 0:40:08.040 --> 0:40:11.080 they're going to get a sense of the personality and 0:40:11.160 --> 0:40:13.759 something in this new environment where they're micd up and 0:40:13.800 --> 0:40:16.440 you hear from them all for two hours straight. 0:40:16.960 --> 0:40:18.520 And we'll find new fans that way. 0:40:18.960 --> 0:40:20.839 And I think the reality is, if you look at 0:40:20.840 --> 0:40:25.280 the demographic data, we are finding new fans, especially young fans, 0:40:25.320 --> 0:40:28.720 and we're hearing anecdotally a lot of families are watching together, 0:40:28.840 --> 0:40:30.360 which is great. I mean that kind of gets you 0:40:30.440 --> 0:40:33.800 back to you people watching on whatever streen is available 0:40:33.800 --> 0:40:35.400 to them at the time. But the idea of a 0:40:35.400 --> 0:40:39.040 family sitting around watching a sports competition of any sort, 0:40:39.120 --> 0:40:40.920 I think is something that we can all get on it. 0:40:41.239 --> 0:40:43.120 So what's the next big step forward? 0:40:43.200 --> 0:40:45.279 Like, what is the thing that you're going to come 0:40:45.280 --> 0:40:48.759 out of this season looking to next season? Give us 0:40:48.800 --> 0:40:52.279 this a preview of something you've seen that you're like, 0:40:52.280 --> 0:40:54.960 all right, we need to like level this up, or 0:40:54.960 --> 0:40:57.440 we need to do this differently. Like what jumps out 0:40:57.680 --> 0:40:59.360 as one of the biggest learnings here. 0:40:59.680 --> 0:41:02.440 Well, we got two weeks left for the playoffs, so 0:41:02.480 --> 0:41:04.640 we want to make sure we continue to focus on that. 0:41:05.120 --> 0:41:08.399 We are getting a lot of interest from a lot 0:41:08.400 --> 0:41:11.840 of different sports team owners on expansion, and that's something 0:41:11.840 --> 0:41:13.440 that we're looking at seriously. 0:41:13.760 --> 0:41:14.080 Now. 0:41:14.719 --> 0:41:18.560 We're looking at a potential venue on the West Coast 0:41:18.880 --> 0:41:22.080 just to make the schedule easier for players. And then 0:41:22.120 --> 0:41:24.399 I think there's a lot of little things talking about 0:41:24.400 --> 0:41:28.200 that continual improvement. About eight months ago, I told everyone 0:41:28.239 --> 0:41:31.480 on our team start your season two lists now, because 0:41:31.480 --> 0:41:33.239 there's going to be a period of time where we 0:41:33.320 --> 0:41:35.680 can't make big changes for season one. 0:41:36.040 --> 0:41:37.719 But you want to make sure that you make those 0:41:37.760 --> 0:41:38.440 for season two. 0:41:38.560 --> 0:41:43.160 So I think you know elements of which holes resonated, 0:41:43.480 --> 0:41:48.000 what type of holes resonated with fans, what technology really worked, 0:41:48.040 --> 0:41:50.960 What are some of the things that the tech shows 0:41:51.000 --> 0:41:53.520 that we could do more of, just based on the 0:41:53.560 --> 0:41:57.120 fan feedback? And I think, frankly, we are able to 0:41:57.280 --> 0:42:00.680 hear from fans and get feedback from fans in this 0:42:00.800 --> 0:42:03.400 day and age more than you ever have before. So 0:42:03.640 --> 0:42:07.480 hearing them and then putting these things into play, some 0:42:07.520 --> 0:42:09.280 of them we can do, and we've done this season, 0:42:09.800 --> 0:42:11.440 but you know a lot of that you'll have to 0:42:11.480 --> 0:42:14.200 do a year later because it does take more R 0:42:14.239 --> 0:42:15.960 and D construction, et cetera. 0:42:16.160 --> 0:42:17.080 You know, more tech. 0:42:16.880 --> 0:42:26.879 Work, right right? That sounds great? All right, so let's 0:42:26.920 --> 0:42:28.960 do the lightning ground. It's five questions. We'll bounce it 0:42:29.000 --> 0:42:31.879 back and forth, keep it tight, and we'll jump right in. 0:42:32.360 --> 0:42:35.040 What's the best piece of advice you've received on deal 0:42:35.080 --> 0:42:35.880 making your business? 0:42:36.640 --> 0:42:38.600 Say? Please, say thank you. 0:42:38.719 --> 0:42:41.960 Who's your dream deal making partner? 0:42:42.840 --> 0:42:43.080 Man? 0:42:44.200 --> 0:42:45.680 We got a lot of really good ones. 0:42:45.800 --> 0:42:47.480 I A would say the team owners that we have 0:42:47.520 --> 0:42:50.560 around the table right now, for a lot of different reasons, 0:42:50.640 --> 0:42:52.399 they all bring something to the table for us. 0:42:52.719 --> 0:42:55.680 That's a pretty good lineup. What's the most nervous you've ever. 0:42:55.520 --> 0:42:57.799 Been asking my wife to marry me? 0:43:00.320 --> 0:43:04.520 I assume she said, yes, you have kids favorite hype 0:43:04.560 --> 0:43:06.960 song before you go into a big meeting or a 0:43:06.960 --> 0:43:08.960 big negotiation or proposal. 0:43:09.000 --> 0:43:09.600 I guess I. 0:43:11.360 --> 0:43:13.400 Grew up in Memphis, so I got a lot of 0:43:13.719 --> 0:43:15.040 music in my background. 0:43:15.080 --> 0:43:17.480 Is there anything that kind of puts me back near 0:43:17.520 --> 0:43:20.200 my roots? I would say, is probably the right the 0:43:20.280 --> 0:43:22.400 right vein we need, We need. 0:43:22.280 --> 0:43:24.760 A song, Give me a song, so like bb King 0:43:24.880 --> 0:43:27.040 or Elvis Presley like that sort of. 0:43:27.640 --> 0:43:29.880 I would go with some old blues or you know, 0:43:29.960 --> 0:43:32.160 something with some some big bass in it. 0:43:33.040 --> 0:43:35.120 I'm a big Rolling Stones fan, so you okay, I 0:43:35.160 --> 0:43:36.600 can hit a lot of Stones as well. 0:43:36.640 --> 0:43:37.680 All right? That sounds good? 0:43:37.840 --> 0:43:38.160 All right? 0:43:38.200 --> 0:43:40.799 And what's your advice for someone listening who wants a 0:43:40.880 --> 0:43:41.920 career like yours? 0:43:42.200 --> 0:43:46.160 You gotta work hard, you know, just start working, show 0:43:46.239 --> 0:43:50.000 up early, stay late. There is no job that should 0:43:50.040 --> 0:43:53.440 be beneath you. You can get experience and learn something 0:43:53.560 --> 0:43:56.759 from pretty much anything that you're asked to do. You 0:43:56.880 --> 0:43:58.840 just got to be there and start start rolling up 0:43:58.880 --> 0:43:59.799 your slaves and do the work. 0:44:01.280 --> 0:44:06.360 All right, well, Mike McCarley, congratulations on season one of TGL. 0:44:06.840 --> 0:44:09.520 It's been really fun to watch. I know Alex and 0:44:09.560 --> 0:44:11.719 I are eager to come see it live, so if 0:44:11.719 --> 0:44:15.160 not this season next and again, best of luck as 0:44:15.200 --> 0:44:18.120 this goes on, you know, and hopefully you know, we'll 0:44:18.280 --> 0:44:19.200 become good enough. 0:44:19.000 --> 0:44:21.160 Golfers that you know you'll hang out with us. At 0:44:21.200 --> 0:44:21.600 some point. 0:44:21.680 --> 0:44:22.560 We have nets to. 0:44:22.560 --> 0:44:25.600 Cover up the led, so you guys are invited time 0:44:26.000 --> 0:44:27.880 to watch the match and we'll get you to hit 0:44:27.960 --> 0:44:30.080 some shots. 0:44:29.760 --> 0:44:32.680 Thanks Mike, Bye bye, thank you. 0:44:40.239 --> 0:44:43.040 The Deal is hosted by Alex Rodriguez and me Jason Kelly. 0:44:43.600 --> 0:44:47.640 This episode was made by Annamazarakus, Stacey Wong, and Lizzie Phillip. 0:44:48.080 --> 0:44:51.000 Amy Keene is our editor. Our theme music is made 0:44:51.000 --> 0:44:55.800 by Blake Maples. Our executive producers are Kelly Leferrier, Ashley Honig, 0:44:56.000 --> 0:44:59.280 and Brenda Newnham. Sainte Bauman is the head of Bloomberg Podcasts. 0:45:00.280 --> 0:45:04.360 Support from Rachel Carnivale and Elena Los Angeles. Thanks so 0:45:04.480 --> 0:45:07.320 much for listening to the Deal. If you have a minute, subscribe, 0:45:07.400 --> 0:45:10.680 rate and review our show. It'll help other listeners find us. 0:45:10.840 --> 0:45:12.759 I'm Jason Kelly, see you next week.