1 00:00:00,520 --> 00:00:04,120 Speaker 1: This is Bloomberg Business of Sports. COVID has been so 2 00:00:04,320 --> 00:00:08,000 Speaker 1: devastating and to see thirty eight thousand people of Funeray Park, 3 00:00:08,280 --> 00:00:11,960 Speaker 1: it was really emotional and rewarding. From the business side, 4 00:00:12,119 --> 00:00:15,720 Speaker 1: from ticket sales to jersey sale, the revenues are up. 5 00:00:15,800 --> 00:00:17,599 Speaker 1: Everything was really good as well as solids there. I 6 00:00:17,680 --> 00:00:20,480 Speaker 1: realized that at the beginning of twenty nineteen would be 7 00:00:20,560 --> 00:00:23,079 Speaker 1: a very unique opportunity in terms of a lot of 8 00:00:23,160 --> 00:00:25,479 Speaker 1: contracts being up at the same time a lot of 9 00:00:25,680 --> 00:00:28,000 Speaker 1: sighting young wrestlers being available to go out and start 10 00:00:28,000 --> 00:00:31,479 Speaker 1: a wrestling company. The country is finally deeply getting the 11 00:00:31,520 --> 00:00:34,199 Speaker 1: memo about how amazing the sport is. I think the 12 00:00:34,240 --> 00:00:37,400 Speaker 1: sky's a limit for MLS. Bloomberg Business of Sports from 13 00:00:37,479 --> 00:00:41,640 Speaker 1: Bloomberg Radio. This is the Bloomberg Business of Sports show 14 00:00:41,680 --> 00:00:44,600 Speaker 1: where we explore the big money issues in the world 15 00:00:44,640 --> 00:00:47,000 Speaker 1: of sports. And I'm Michael barn and I'm Mike Lynch. 16 00:00:47,200 --> 00:00:50,800 Speaker 1: Coming up today, we go to the brands spanking new 17 00:00:51,080 --> 00:00:54,600 Speaker 1: Ubs Arena, the new home of the New York Islanders, 18 00:00:54,760 --> 00:00:58,320 Speaker 1: for a conversation with majority owner John Ladecki and Shack 19 00:00:58,800 --> 00:01:02,840 Speaker 1: I said, shock that's with a que That's right. Stay 20 00:01:02,920 --> 00:01:06,880 Speaker 1: tuned for that moment with Shaquille O'Neil coming up straight 21 00:01:06,920 --> 00:01:09,240 Speaker 1: ahead on the Bloomberg Business of Sports Show. But first, 22 00:01:09,280 --> 00:01:11,440 Speaker 1: let's look at some of the top stories of the week. 23 00:01:12,080 --> 00:01:16,440 Speaker 1: And let's begin with a story that had a lot 24 00:01:16,520 --> 00:01:19,400 Speaker 1: of people concerned and still has a lot of people concerned, 25 00:01:19,640 --> 00:01:25,280 Speaker 1: and it involves Chinese tennis star Ping Schwa. She had 26 00:01:25,560 --> 00:01:30,520 Speaker 1: been missing for many days, several days at least in November, 27 00:01:30,880 --> 00:01:35,920 Speaker 1: because she had put out on her post on social 28 00:01:35,920 --> 00:01:41,240 Speaker 1: media that she had been sexually abused by a high 29 00:01:41,280 --> 00:01:46,640 Speaker 1: ranking member of the Chinese government, and right after that 30 00:01:47,319 --> 00:01:51,720 Speaker 1: they shut down her her post and you didn't hear 31 00:01:51,760 --> 00:01:57,520 Speaker 1: from her for several days. Well, just recently, the i 32 00:01:57,760 --> 00:02:03,080 Speaker 1: o C conducted an inn view with paying. She says 33 00:02:03,160 --> 00:02:07,320 Speaker 1: that she's fine and she's grateful for all of the 34 00:02:07,360 --> 00:02:11,560 Speaker 1: well wishes. She would like people to respect her privacy. 35 00:02:11,600 --> 00:02:14,120 Speaker 1: But here there are a lot of questions about this 36 00:02:14,200 --> 00:02:18,720 Speaker 1: because one it was supposed to that interview put to 37 00:02:18,919 --> 00:02:23,440 Speaker 1: rest many things about concern about her, but it kind 38 00:02:23,480 --> 00:02:25,960 Speaker 1: of did the opposite, because many people are now wondering, well, 39 00:02:26,040 --> 00:02:28,239 Speaker 1: why can't we get a hold of her, Why can't 40 00:02:28,280 --> 00:02:33,040 Speaker 1: we talk to her? Lynch Independent News organizations are not 41 00:02:33,160 --> 00:02:39,639 Speaker 1: allowed to talk with her. Really, it's it's very concerning. Well, 42 00:02:39,680 --> 00:02:42,680 Speaker 1: the number one question is she safe right now? She 43 00:02:42,680 --> 00:02:44,600 Speaker 1: claims she's at home, but no one has been able 44 00:02:44,680 --> 00:02:47,880 Speaker 1: to see her and verify that. UM. The interview was 45 00:02:47,919 --> 00:02:53,360 Speaker 1: a video conference by the IOC president Thomas Back, and many, 46 00:02:53,680 --> 00:02:57,360 Speaker 1: including me, see it as a propaganda move so that 47 00:02:57,480 --> 00:03:00,839 Speaker 1: sponsors will not pull out of of the Games, which 48 00:03:00,840 --> 00:03:03,280 Speaker 1: are only three months away, by the way, and the 49 00:03:03,320 --> 00:03:07,600 Speaker 1: games will go on. UM. The Chinese government UH always 50 00:03:07,760 --> 00:03:11,840 Speaker 1: UH suppresses descent and we've seen several examples of that, 51 00:03:12,160 --> 00:03:15,040 Speaker 1: most recently especially with us cantor of the Celtics, and 52 00:03:15,160 --> 00:03:17,560 Speaker 1: he spoke out against the government and they pulled Celtics 53 00:03:17,560 --> 00:03:21,239 Speaker 1: games off there their streaming services. So this uh, there's 54 00:03:21,280 --> 00:03:23,880 Speaker 1: a lot of unanswered questions in this story. And and 55 00:03:23,919 --> 00:03:26,760 Speaker 1: I think if I'm a big sponsor of the Games 56 00:03:26,800 --> 00:03:30,880 Speaker 1: in Beijing in February, I'm looking very very carefully at this. Well, 57 00:03:31,120 --> 00:03:33,920 Speaker 1: somebody else is looking very very carefully at this, and 58 00:03:34,080 --> 00:03:37,120 Speaker 1: that's a lot of sponsors. There's a lot of money 59 00:03:37,120 --> 00:03:40,960 Speaker 1: involved with this. The IOC, let's be honest, they don't 60 00:03:41,000 --> 00:03:43,960 Speaker 1: want to disturb the sponsors and they're about more than 61 00:03:44,000 --> 00:03:47,800 Speaker 1: a dozen major league sponsors, including Coca Cola. You're talking 62 00:03:47,920 --> 00:03:51,840 Speaker 1: billions of dollars here, so they're hoping to put the 63 00:03:51,880 --> 00:03:56,360 Speaker 1: sponsors minds at ease. The question is have they done it, Lenji, 64 00:03:57,040 --> 00:03:59,320 Speaker 1: I don't know. I don't think they have. That's why 65 00:04:00,040 --> 00:04:02,320 Speaker 1: a lot of these big sponsors are just they've hit 66 00:04:02,360 --> 00:04:06,080 Speaker 1: the pause button right now on commitment. And I would 67 00:04:06,120 --> 00:04:09,360 Speaker 1: not be surprised at this story. Uh, there's not more 68 00:04:09,400 --> 00:04:12,400 Speaker 1: clarity to this story. There's gonna be some real threats 69 00:04:12,440 --> 00:04:15,200 Speaker 1: and it could come from government. President Biden even hinted 70 00:04:15,320 --> 00:04:17,559 Speaker 1: last week that as a chance that the United States 71 00:04:17,560 --> 00:04:21,000 Speaker 1: may boycott the games, that would be it would be 72 00:04:21,040 --> 00:04:25,000 Speaker 1: a shame, but I understand why that would happen. So 73 00:04:25,120 --> 00:04:28,320 Speaker 1: let's see how this plays out and hopefully, Uh and 74 00:04:28,800 --> 00:04:31,680 Speaker 1: really the games are only like just a few months away, 75 00:04:31,839 --> 00:04:34,719 Speaker 1: so yeah, I mean this is this is closed, So 76 00:04:34,800 --> 00:04:40,480 Speaker 1: let's hope things get worked out and for Ping Shwa's benefit, 77 00:04:40,560 --> 00:04:45,000 Speaker 1: let's hope that she really is okay. And um, because 78 00:04:45,040 --> 00:04:46,440 Speaker 1: a lot of people in the tennis world, a lot 79 00:04:46,480 --> 00:04:50,239 Speaker 1: of tennis stars spoke up about this, including the Women's 80 00:04:50,240 --> 00:04:53,000 Speaker 1: Tennis Association. They want to know what the heck is 81 00:04:53,040 --> 00:04:56,400 Speaker 1: going on? So we got our fingers crossed. Uh, let's 82 00:04:56,400 --> 00:05:02,920 Speaker 1: talk about something maybe a little more happier. O'Dell Beckham Jr. 83 00:05:03,720 --> 00:05:07,360 Speaker 1: He signed with the Rams. Now let's let's let's take 84 00:05:07,400 --> 00:05:09,159 Speaker 1: you back to the story in case you don't know. 85 00:05:09,720 --> 00:05:12,520 Speaker 1: He was with the Browns earlier this season, only a 86 00:05:12,520 --> 00:05:16,360 Speaker 1: few weeks ago. And let's say the marriage didn't quite work. 87 00:05:16,920 --> 00:05:20,400 Speaker 1: So oh b J is set free and then the 88 00:05:20,480 --> 00:05:23,640 Speaker 1: Rams said, hey, you want to come on over here. Sure. 89 00:05:24,160 --> 00:05:28,279 Speaker 1: Now the the irony of the whole thing is well, 90 00:05:28,440 --> 00:05:30,360 Speaker 1: and we were all thinking at the time, well, where's 91 00:05:30,360 --> 00:05:33,679 Speaker 1: o BJ going to go because you have Robert Woods. Nope, 92 00:05:33,760 --> 00:05:36,359 Speaker 1: you don't have Robert Woods now because he suffered a 93 00:05:36,400 --> 00:05:39,520 Speaker 1: season ending injury. And now that opened up the lane 94 00:05:39,800 --> 00:05:43,400 Speaker 1: for O. B J. What do you think about all this? Len, Well, 95 00:05:43,440 --> 00:05:46,440 Speaker 1: he's signed a deal with cash app um, as did 96 00:05:46,600 --> 00:05:49,479 Speaker 1: uh Aaron Rodgers, and he wants to have all his 97 00:05:50,640 --> 00:05:52,400 Speaker 1: of his pay this year. Now the piece this is 98 00:05:52,440 --> 00:05:54,400 Speaker 1: the season is more than half over right now. So 99 00:05:54,440 --> 00:05:56,960 Speaker 1: he's old about four million dollars and he wants it 100 00:05:57,040 --> 00:06:00,000 Speaker 1: all in bitcoin, all of it, and he has played 101 00:06:00,080 --> 00:06:02,640 Speaker 1: just a million dollars to be split between some of 102 00:06:02,680 --> 00:06:04,719 Speaker 1: his followers on Twitter, and I did go on Twitter 103 00:06:04,800 --> 00:06:12,560 Speaker 1: to try. You've always been my man, my favorite guy. 104 00:06:15,080 --> 00:06:17,719 Speaker 1: I was curious to see you know how it worked. 105 00:06:17,760 --> 00:06:20,240 Speaker 1: And uh then I had I jumped on this show, 106 00:06:20,279 --> 00:06:22,920 Speaker 1: so I did not complete my transaction. But but it's 107 00:06:22,960 --> 00:06:26,720 Speaker 1: interesting now it's the National Football League does not allow 108 00:06:27,200 --> 00:06:35,000 Speaker 1: teams two sell ads to any crypto currency outfits, but 109 00:06:35,200 --> 00:06:38,320 Speaker 1: players can make individual deals. Tom Brady has a deal 110 00:06:38,360 --> 00:06:41,239 Speaker 1: with f t X, Aaron Rodgers has one with Cash 111 00:06:41,240 --> 00:06:45,800 Speaker 1: happen now, Obie Odell Beckham Jr. Has one, So um, 112 00:06:45,839 --> 00:06:48,240 Speaker 1: you know it's coming and sooner or later. When we 113 00:06:48,800 --> 00:06:50,960 Speaker 1: saw the Staples Center is now going to be crypto 114 00:06:51,560 --> 00:06:54,440 Speaker 1: currency dot call crypto dot com or something on on 115 00:06:54,520 --> 00:06:58,200 Speaker 1: Christmas Day a seven million dollar deal and it's not 116 00:06:58,320 --> 00:07:00,680 Speaker 1: gonna be long before the National Football League you'll see 117 00:07:01,160 --> 00:07:05,560 Speaker 1: maybe patches on jerseys, decals on helmets, stadium is named after. 118 00:07:05,640 --> 00:07:11,640 Speaker 1: But right now, teams cannot sell ads to crypto outlets, 119 00:07:11,680 --> 00:07:14,560 Speaker 1: but individual players can. Lindy have said this many times 120 00:07:14,560 --> 00:07:16,520 Speaker 1: on the show. I'm going to say it again. What's 121 00:07:16,520 --> 00:07:21,720 Speaker 1: wrong with cash? What happened? Everybody wants to go to cryptocurrency. Yeah, 122 00:07:21,760 --> 00:07:24,720 Speaker 1: I'm sorry, I'm an old man. Pay me in cash. 123 00:07:25,120 --> 00:07:27,760 Speaker 1: It may be the new thing, but you and you 124 00:07:27,840 --> 00:07:32,600 Speaker 1: said this, Lynchy, this could be like a dot com bust. Yeah, yeah, 125 00:07:32,640 --> 00:07:36,520 Speaker 1: that that's that's my individual fear. And and and other people, 126 00:07:36,840 --> 00:07:39,640 Speaker 1: uh in the investment world that I've talked with, they're 127 00:07:39,720 --> 00:07:42,920 Speaker 1: just they're very lukewarm about this right now because the 128 00:07:43,000 --> 00:07:47,280 Speaker 1: dot com surge, we all many people up flourished with it, 129 00:07:47,480 --> 00:07:50,400 Speaker 1: and many people got buried by it in the eighties. 130 00:07:50,440 --> 00:07:53,000 Speaker 1: And I think I just have the same internal my 131 00:07:53,240 --> 00:07:56,280 Speaker 1: my internal brain is telling me that I have the 132 00:07:56,320 --> 00:07:59,240 Speaker 1: same feeling I had about the dot com. Well, if 133 00:07:59,280 --> 00:08:03,320 Speaker 1: we start did uh bitcoin, let's let's call it the 134 00:08:03,400 --> 00:08:06,600 Speaker 1: Lynchy bar Bitcoin. Yeah. I like it, you know, heads 135 00:08:06,600 --> 00:08:10,160 Speaker 1: as you, tails as me, and we could make some 136 00:08:10,200 --> 00:08:13,560 Speaker 1: money out of this. If you and I get into it, 137 00:08:13,680 --> 00:08:16,840 Speaker 1: you know it's going to be like the dot com. 138 00:08:16,560 --> 00:08:19,840 Speaker 1: We didn't even make it for day one. I have 139 00:08:19,880 --> 00:08:23,680 Speaker 1: a direct influence on the stock market. I buy something 140 00:08:23,720 --> 00:08:27,480 Speaker 1: a heads South, I sell it at headge North. Coming 141 00:08:27,560 --> 00:08:30,520 Speaker 1: up today, we hear from New York Islanders majority owner 142 00:08:30,880 --> 00:08:35,000 Speaker 1: John Ladecki, plus the CEO of oak Few Group, Tim 143 00:08:35,160 --> 00:08:38,760 Speaker 1: light Wicky, and they opened the Islanders new arena this 144 00:08:38,840 --> 00:08:42,960 Speaker 1: month in Elmont, New York. Bloomberg Business Week host Carol 145 00:08:43,040 --> 00:08:50,240 Speaker 1: Master was there time you came? They allow girls onto 146 00:08:50,240 --> 00:08:54,920 Speaker 1: this board. Oh yes, oh my goodness. You don't call, 147 00:08:55,080 --> 00:09:00,880 Speaker 1: you don't write nothing, You just anyway, king of sending flowers. 148 00:09:00,920 --> 00:09:02,520 Speaker 1: It was a ribbon cutting of the U B. S 149 00:09:02,559 --> 00:09:06,320 Speaker 1: Arena and this arena is incredible. Um, Tim and John 150 00:09:06,400 --> 00:09:08,960 Speaker 1: got to sit down with them for our show. They 151 00:09:09,160 --> 00:09:11,400 Speaker 1: built this arena from the ground up, which meant they 152 00:09:11,400 --> 00:09:14,840 Speaker 1: could do it their way. And so they talked to uh, 153 00:09:14,880 --> 00:09:18,040 Speaker 1: certainly what John wanted with the Islanders, and also Tim 154 00:09:18,080 --> 00:09:20,760 Speaker 1: reached out to entertainment folks about what they wanted in 155 00:09:20,800 --> 00:09:23,680 Speaker 1: an entertainment arena. I have to say, having spent some 156 00:09:23,760 --> 00:09:27,680 Speaker 1: times at Stadium's arena seeing concerts and sports, this one 157 00:09:28,040 --> 00:09:31,600 Speaker 1: they do it differently. It is gorgeous. Alright, alright, alright, 158 00:09:31,960 --> 00:09:35,520 Speaker 1: well let's listen to that conversation. Now. Here's Carol along 159 00:09:35,520 --> 00:09:39,880 Speaker 1: with Bloomberg Quick takes Tim Standevick speaking with New York 160 00:09:39,920 --> 00:09:44,400 Speaker 1: Islanders majority owner John Ladecki plus the CEO of Oak 161 00:09:44,480 --> 00:09:48,079 Speaker 1: View Group, Tim light Wicky at the new U B. 162 00:09:48,440 --> 00:09:52,280 Speaker 1: S Arena in Elmont, New York. You guys, you know, 163 00:09:52,400 --> 00:09:55,600 Speaker 1: together created this incredible arena. First of all, I want 164 00:09:55,600 --> 00:09:57,280 Speaker 1: to ask you, John, let me kick it off with you. 165 00:09:57,880 --> 00:09:59,360 Speaker 1: It's been a while since you've had a home place 166 00:09:59,400 --> 00:10:02,120 Speaker 1: to play. Well, the fans have been on quite a journey, 167 00:10:02,240 --> 00:10:05,319 Speaker 1: and as Tim has said, and my partner Scott Malcolm, 168 00:10:05,360 --> 00:10:07,160 Speaker 1: the co owner of the New York Ounders, has said, 169 00:10:07,360 --> 00:10:10,000 Speaker 1: the fans deserve a new home. The milk carton sell 170 00:10:10,080 --> 00:10:13,959 Speaker 1: by date on the Nasau Coliseum was probably so it's 171 00:10:13,960 --> 00:10:16,800 Speaker 1: been a long journey. Your picture wasn't on the side 172 00:10:16,800 --> 00:10:23,920 Speaker 1: of that cart. But it really is quite quite a 173 00:10:23,920 --> 00:10:26,199 Speaker 1: momentous occasion for our fans. They're the best fans in 174 00:10:26,200 --> 00:10:28,360 Speaker 1: the National Hockey League and they deserve a new venue, 175 00:10:28,360 --> 00:10:30,439 Speaker 1: and they're getting state of the art, beyond state of 176 00:10:30,480 --> 00:10:32,600 Speaker 1: the art because of Tim and Oakview Group and Sterling 177 00:10:32,640 --> 00:10:35,840 Speaker 1: Project Development led by Jeff Wilpon. What they've done here 178 00:10:35,960 --> 00:10:39,120 Speaker 1: is magnificent. Thank you, Tim Outhouse to the penthouse. John 179 00:10:40,720 --> 00:10:43,760 Speaker 1: to that point, Tim, what what is special about this arena? 180 00:10:43,960 --> 00:10:47,000 Speaker 1: So one, it's New York and so when we started 181 00:10:47,000 --> 00:10:49,800 Speaker 1: our company, we were fortunate enough to partner with John 182 00:10:49,840 --> 00:10:52,960 Speaker 1: and Scott on building this but for us to be 183 00:10:53,040 --> 00:10:55,280 Speaker 1: a world class company, you had to be in New York. 184 00:10:55,360 --> 00:10:57,360 Speaker 1: New York is a very competitive marketplace, so it has 185 00:10:57,400 --> 00:11:00,199 Speaker 1: the world's most famous arena, Madison Square Garden. So you 186 00:11:00,320 --> 00:11:03,320 Speaker 1: gotta go compete, and you you're competing in the biggest 187 00:11:03,320 --> 00:11:05,200 Speaker 1: city in the world. You're competing in a city that 188 00:11:05,640 --> 00:11:09,640 Speaker 1: ultimately has these wonderful venues that are already doing quite well. 189 00:11:09,880 --> 00:11:11,680 Speaker 1: So we had to go carve out our niche. We 190 00:11:11,679 --> 00:11:14,000 Speaker 1: had to go find an identity and a culture for 191 00:11:14,160 --> 00:11:17,840 Speaker 1: ubs arena that made us unique. And we very very 192 00:11:17,880 --> 00:11:20,640 Speaker 1: fortunate that right off the bat we get Harry Styles 193 00:11:20,679 --> 00:11:23,719 Speaker 1: and we break all records with Ticketmaster for pre registration. 194 00:11:24,120 --> 00:11:26,679 Speaker 1: So clearly it's gonna work for the islander fans. They've 195 00:11:26,679 --> 00:11:29,120 Speaker 1: they've had thirty years worth of the desert before they 196 00:11:29,200 --> 00:11:32,040 Speaker 1: finally found this, and now we're going to work for music, 197 00:11:32,520 --> 00:11:35,080 Speaker 1: and we're going to be in great shape with music 198 00:11:35,280 --> 00:11:39,440 Speaker 1: because I think what people forget, seven million people live 199 00:11:39,480 --> 00:11:41,720 Speaker 1: closer to this arena than any other arena in the 200 00:11:41,760 --> 00:11:44,880 Speaker 1: metro area. It's a big it's a big island, and 201 00:11:44,960 --> 00:11:46,559 Speaker 1: we and we have sand, but it's in the beach 202 00:11:47,120 --> 00:11:49,480 Speaker 1: by the way. You know what, that is what is that? So, 203 00:11:49,520 --> 00:11:51,439 Speaker 1: as you know, I built a climate pledge arena in 204 00:11:51,480 --> 00:11:53,760 Speaker 1: Seattle and that's the home of the cracket. So I 205 00:11:53,800 --> 00:11:56,320 Speaker 1: brought him out here with me for opening weekend and 206 00:11:56,440 --> 00:12:00,839 Speaker 1: he's hungry. We don't see anywhere back. You don't want 207 00:12:00,840 --> 00:12:06,160 Speaker 1: to see him run. When you guys are putting this together, 208 00:12:06,200 --> 00:12:08,440 Speaker 1: what were the conversations John? What did you guys? What 209 00:12:08,520 --> 00:12:10,400 Speaker 1: did you want to have as a home place for 210 00:12:10,440 --> 00:12:12,760 Speaker 1: your team? On budget and on time was the most 211 00:12:12,800 --> 00:12:18,400 Speaker 1: important thing for Sterling and Tim is really a visionary right. 212 00:12:18,400 --> 00:12:20,920 Speaker 1: Tim has built more arenas and ran more arenas than 213 00:12:20,960 --> 00:12:23,880 Speaker 1: any human being alive today. Not a question of longevity, 214 00:12:23,920 --> 00:12:28,160 Speaker 1: He's just built great businesses. Oakview Group was started the 215 00:12:28,200 --> 00:12:30,480 Speaker 1: next week. We met Tim in the hotel room in 216 00:12:30,559 --> 00:12:32,320 Speaker 1: Montreal and he gave us the vision of what an 217 00:12:32,360 --> 00:12:34,439 Speaker 1: arena should look like. And now I think he's got 218 00:12:34,440 --> 00:12:37,960 Speaker 1: twenty five or in development. But his vision, combined with 219 00:12:38,000 --> 00:12:41,400 Speaker 1: Scott's real estate background, created this fantastic places that we 220 00:12:41,440 --> 00:12:43,559 Speaker 1: do think about like the pandemic and stuff like did 221 00:12:43,600 --> 00:12:46,160 Speaker 1: that impact You're thinking about how because there's a lot 222 00:12:46,200 --> 00:12:48,120 Speaker 1: of touch lists right ease and people just going in 223 00:12:48,160 --> 00:12:50,720 Speaker 1: and doing their things so I two things. One could 224 00:12:50,760 --> 00:12:53,920 Speaker 1: you imagine spending a billion privately on and endeavor like this, 225 00:12:54,000 --> 00:12:56,800 Speaker 1: and then all of a sudden it's privately funded, privately funded, 226 00:12:56,840 --> 00:12:59,360 Speaker 1: that taxpayers money I want to be used for education, 227 00:12:59,520 --> 00:13:03,360 Speaker 1: safety and transportation. So we we did. We did this 228 00:13:03,440 --> 00:13:06,960 Speaker 1: the right way. But in the middle of that commitment, suddenly, 229 00:13:07,440 --> 00:13:09,560 Speaker 1: you know, I used to tell people, they don't teach 230 00:13:09,600 --> 00:13:11,600 Speaker 1: this in school, so you got to figure this out 231 00:13:11,640 --> 00:13:15,560 Speaker 1: on the fly. I think there were We made changes 232 00:13:15,600 --> 00:13:17,400 Speaker 1: to the design of the building because of the COVID. 233 00:13:17,520 --> 00:13:19,480 Speaker 1: So you'll see in the building we have a three 234 00:13:19,600 --> 00:13:23,600 Speaker 1: hundred and sixty degree air circulation system. We have MERV 235 00:13:23,960 --> 00:13:27,600 Speaker 1: thirteen filterization system. That's what you see in hospitals. We 236 00:13:27,679 --> 00:13:31,160 Speaker 1: trapped the bad guys, so we have more airflow coming 237 00:13:31,280 --> 00:13:34,280 Speaker 1: in and out of this building. I'm not cussing here. 238 00:13:34,320 --> 00:13:36,720 Speaker 1: It's really the name of the company. We have four 239 00:13:36,760 --> 00:13:39,079 Speaker 1: fans called Big Gas Fans in the roof. We have 240 00:13:39,240 --> 00:13:43,040 Speaker 1: found her on the show. Everyone always looks there's no 241 00:13:43,080 --> 00:13:45,520 Speaker 1: way to have company is called Big Gas Fans. I said, 242 00:13:45,559 --> 00:13:47,840 Speaker 1: I swear to God a trademark. That had to be 243 00:13:47,840 --> 00:13:51,920 Speaker 1: an interesting process where the government. But you know, it's 244 00:13:51,960 --> 00:13:54,160 Speaker 1: so great for us is that that's now in as 245 00:13:54,160 --> 00:13:57,120 Speaker 1: original equipment. Every other arena the country to deal with 246 00:13:57,200 --> 00:14:00,600 Speaker 1: COVID and COVID related situations has to retrofit. So again 247 00:14:00,640 --> 00:14:03,280 Speaker 1: thanks to Tim's vision, we spent the extra money upfront 248 00:14:03,520 --> 00:14:06,240 Speaker 1: to make sure we had the best air filtration systems 249 00:14:06,240 --> 00:14:09,199 Speaker 1: in the world. Tom, what's your favorite part of the arena? Uh, 250 00:14:09,240 --> 00:14:12,520 Speaker 1: these acoustical panels. You you so see the wood right there, 251 00:14:13,000 --> 00:14:14,920 Speaker 1: look at it real tight, and when you get up 252 00:14:14,920 --> 00:14:16,920 Speaker 1: close you'll see they have holes in it. So we 253 00:14:17,040 --> 00:14:19,640 Speaker 1: trapped the base and the rever from bands and so 254 00:14:19,680 --> 00:14:22,760 Speaker 1: it makes the building acoustically perfect. So when you come 255 00:14:22,800 --> 00:14:25,440 Speaker 1: here for a concert, it's going to be spectacular, because 256 00:14:25,440 --> 00:14:28,560 Speaker 1: that's an issue with some places, some large venues where 257 00:14:28,640 --> 00:14:30,920 Speaker 1: you go see a concert. Yeah, yeah, they fit a 258 00:14:30,920 --> 00:14:33,120 Speaker 1: lot of people, but it doesn't sound good now. And 259 00:14:33,160 --> 00:14:35,080 Speaker 1: so when you think about the amount of money people 260 00:14:35,080 --> 00:14:37,800 Speaker 1: are spending on that night out, it's unfortunate if they 261 00:14:37,840 --> 00:14:41,040 Speaker 1: sit there and hear the concert twice. So what you 262 00:14:41,040 --> 00:14:44,280 Speaker 1: want is you want a perfect bowl. So my partner 263 00:14:44,440 --> 00:14:47,080 Speaker 1: in our company's earving A's Off. He's the largest manager 264 00:14:47,080 --> 00:14:49,840 Speaker 1: in the music business. So when when you have don 265 00:14:49,920 --> 00:14:54,320 Speaker 1: Henley as your engineering critique on your acoustics, you better 266 00:14:54,360 --> 00:14:58,080 Speaker 1: make sure your acoustics are perfect, because Don's pretty demanding. So, Jim, 267 00:14:58,160 --> 00:14:59,880 Speaker 1: that's what you really did that no other arena had 268 00:15:00,000 --> 00:15:02,120 Speaker 1: were done before. He went to all the rock acts. 269 00:15:02,160 --> 00:15:04,160 Speaker 1: He went to all the rock managers, He went to 270 00:15:04,160 --> 00:15:06,360 Speaker 1: the musicians and said, what do you want the building? 271 00:15:06,400 --> 00:15:08,280 Speaker 1: And they all said, geez, no one's ever asked us 272 00:15:08,320 --> 00:15:12,840 Speaker 1: when they asked for free rent first. But the bottom 273 00:15:12,880 --> 00:15:15,160 Speaker 1: line is you got input that very few people have 274 00:15:15,320 --> 00:15:17,680 Speaker 1: gotten from arenas, and that's why the acoustics are so 275 00:15:17,720 --> 00:15:21,120 Speaker 1: great here. So interestingly enough, this building as a loading 276 00:15:21,160 --> 00:15:23,160 Speaker 1: dock that's the largest on the East coast. We could 277 00:15:23,160 --> 00:15:26,040 Speaker 1: do sixteen semitrucks at the same time. So if you 278 00:15:26,080 --> 00:15:27,960 Speaker 1: think about it, at the Garden, you got to pull 279 00:15:28,040 --> 00:15:29,760 Speaker 1: up a ramp and it's one truck at a time. 280 00:15:29,800 --> 00:15:32,640 Speaker 1: At Berkeley's you go into an elevator and the turntable 281 00:15:32,680 --> 00:15:35,360 Speaker 1: turns the truck around. Here we do sixteen trucks at 282 00:15:35,360 --> 00:15:38,680 Speaker 1: one time. Eight that could be unloading. So between the acoustics, 283 00:15:38,720 --> 00:15:42,080 Speaker 1: the largest lower bowl, we have a locker room facility 284 00:15:42,120 --> 00:15:44,600 Speaker 1: that is only for music artists. So that's the first 285 00:15:44,640 --> 00:15:46,840 Speaker 1: one of those that's ever been built on the East Coast. 286 00:15:47,080 --> 00:15:49,200 Speaker 1: So when an artist comes in here, they get in 287 00:15:49,440 --> 00:15:52,360 Speaker 1: and produce quicker, cheaper. They got their own compound. The 288 00:15:52,400 --> 00:15:54,960 Speaker 1: compound is beautiful and the acoustics hopefully will be great. 289 00:15:55,360 --> 00:15:58,840 Speaker 1: Thank you, Carol. That is New York Islanders majority owner 290 00:15:59,040 --> 00:16:01,000 Speaker 1: John the Deck. He play us the CEO of a 291 00:16:01,200 --> 00:16:06,200 Speaker 1: few group, Tim light Wicky speaking with you and Tim 292 00:16:06,280 --> 00:16:10,520 Speaker 1: Stentovic from the new Ubs Arena in Almont, New York. 293 00:16:10,560 --> 00:16:14,040 Speaker 1: Still has that new smell, and Carol, I hear they've 294 00:16:14,080 --> 00:16:17,840 Speaker 1: also made going green a big theme at the arena too. Yeah, 295 00:16:17,880 --> 00:16:19,600 Speaker 1: not only a new smell, but a big green smell. 296 00:16:19,640 --> 00:16:21,720 Speaker 1: I mean, this is an arena that aims to be 297 00:16:21,760 --> 00:16:25,920 Speaker 1: carbon neutral. By Tim i Wicky, he knows something about 298 00:16:26,000 --> 00:16:28,920 Speaker 1: going green. He built the Climate Pledge Arena out there 299 00:16:28,960 --> 00:16:30,360 Speaker 1: on the West Coast. He did that with a lot 300 00:16:30,360 --> 00:16:32,560 Speaker 1: of help from Jeff Bezos, but he says doing it 301 00:16:32,600 --> 00:16:34,880 Speaker 1: on the East Coast it's tougher, but nonetheless they're on 302 00:16:34,880 --> 00:16:37,600 Speaker 1: a mission. Thanks for joining us on the Bloomberg Business 303 00:16:37,600 --> 00:16:41,720 Speaker 1: of Sports show, where we explore the big money issues, 304 00:16:41,800 --> 00:16:45,120 Speaker 1: not that little tiny stuff, the big money issues in 305 00:16:45,160 --> 00:16:48,040 Speaker 1: the world of sports. On Michael Barr and we're talking 306 00:16:48,240 --> 00:16:55,160 Speaker 1: extra large money. I'm Mike Linton and Bloomberg's Carol supersizing 307 00:16:55,200 --> 00:16:59,080 Speaker 1: things that you've heard that voice. She has done so 308 00:16:59,160 --> 00:17:01,680 Speaker 1: much here at bloom Burg. She is going to continue 309 00:17:01,680 --> 00:17:04,840 Speaker 1: our conversation now with New York Islanders majority owner John 310 00:17:04,880 --> 00:17:08,760 Speaker 1: Wodky plus the CEO of Oakview Group, Tim l Wicky. 311 00:17:08,800 --> 00:17:14,560 Speaker 1: Together they open the new Ubs arena this month in Elmont, 312 00:17:14,640 --> 00:17:17,720 Speaker 1: New York, and they sat down to discuss the news 313 00:17:17,760 --> 00:17:23,840 Speaker 1: space with Bloomberg's Tim Stinevic Carol with this show today. 314 00:17:24,240 --> 00:17:26,040 Speaker 1: How impressed were you with the new area? I was 315 00:17:26,080 --> 00:17:28,680 Speaker 1: blown away. I mean, first of all, you think about 316 00:17:28,680 --> 00:17:30,960 Speaker 1: when you go to an arena stadium, right, it's off 317 00:17:30,960 --> 00:17:33,080 Speaker 1: in lots of lines. For a woman, you're on a 318 00:17:33,080 --> 00:17:35,719 Speaker 1: line to go to the bathroom. They thought about this 319 00:17:35,720 --> 00:17:37,760 Speaker 1: big time by putting a lot of women's bathrooms in there. 320 00:17:37,800 --> 00:17:39,960 Speaker 1: I mean, Lynch, what what do you like when you 321 00:17:39,960 --> 00:17:41,560 Speaker 1: go to arena? What are you looking for? What's your 322 00:17:41,560 --> 00:17:44,639 Speaker 1: typical experience? Well, since I'm from Boston, like parking for us, 323 00:17:45,040 --> 00:17:50,080 Speaker 1: that very parton, very and parton you nail it though, 324 00:17:50,119 --> 00:17:51,840 Speaker 1: when you have to run to the men's room, you 325 00:17:51,840 --> 00:17:53,359 Speaker 1: don't want to look out and see, like, you know, 326 00:17:53,400 --> 00:17:56,880 Speaker 1: a Disney World type line sneaking around the hallway. That's 327 00:17:56,880 --> 00:17:59,119 Speaker 1: big for me too, and also concessions. I don't want 328 00:17:59,160 --> 00:18:01,480 Speaker 1: to wait and line and miss a key moment of 329 00:18:01,480 --> 00:18:03,240 Speaker 1: the game. Well what's really cool too at this place. 330 00:18:03,280 --> 00:18:05,840 Speaker 1: I mean, every bar can see the ice or the concert, 331 00:18:05,960 --> 00:18:08,320 Speaker 1: so even if you run for a quick drink, I mean, 332 00:18:08,400 --> 00:18:10,040 Speaker 1: you're not going to miss any of the action. Mike, 333 00:18:10,520 --> 00:18:13,680 Speaker 1: I love that. I love that part. I'm told that 334 00:18:14,040 --> 00:18:16,520 Speaker 1: normally they have tailgating at the old at the old 335 00:18:16,600 --> 00:18:21,399 Speaker 1: Uniondale Arena um in NASA Coliseum, and this this county 336 00:18:21,440 --> 00:18:23,879 Speaker 1: with in Elmont, they're not allowed to have tailgating, so 337 00:18:23,920 --> 00:18:26,240 Speaker 1: they moved all the bars inside and that must be 338 00:18:26,280 --> 00:18:28,400 Speaker 1: why you can get all the views from all seventeen 339 00:18:28,400 --> 00:18:31,040 Speaker 1: of them. Well, guys, it's also cute, really cool, and Michael, 340 00:18:31,080 --> 00:18:32,720 Speaker 1: I feel like you would be really at home and 341 00:18:32,720 --> 00:18:34,359 Speaker 1: to speak Easy, and they're going to have a Speak 342 00:18:34,400 --> 00:18:36,879 Speaker 1: Easy where you can kind of hang out whether you're 343 00:18:36,880 --> 00:18:38,520 Speaker 1: going to see Harry Styles, which, by the way, he 344 00:18:38,600 --> 00:18:40,320 Speaker 1: is coming up and I wish he was kind of 345 00:18:40,320 --> 00:18:42,600 Speaker 1: warming up when we were there, but he wasn't. Um 346 00:18:42,640 --> 00:18:45,080 Speaker 1: but That's what's really cool, Like there's all these great, 347 00:18:45,119 --> 00:18:48,640 Speaker 1: wonderful places to collect as a group, so you can 348 00:18:48,680 --> 00:18:51,919 Speaker 1: go have some really good food, hang out in a 349 00:18:52,000 --> 00:18:54,479 Speaker 1: bar like setting, and then see a really great concert 350 00:18:54,520 --> 00:18:56,800 Speaker 1: or great Islanders game. What makes you think I wasn't 351 00:18:56,800 --> 00:19:05,600 Speaker 1: that a speak easy last night sports after Dark? All right, 352 00:19:05,840 --> 00:19:08,840 Speaker 1: let's listen in to the next part of this conversation. 353 00:19:08,880 --> 00:19:12,960 Speaker 1: Now here's Carol along with Bloomberg Quick takes Tim Snandevik 354 00:19:13,119 --> 00:19:17,240 Speaker 1: speaking with New York Islanders majority owner John Ladaki, plus 355 00:19:17,280 --> 00:19:21,240 Speaker 1: the CEO of Oview Group, Tim Lwicki at the brands 356 00:19:21,359 --> 00:19:25,520 Speaker 1: spanking new Ubs arena in Elmont, New York. Now, did 357 00:19:25,560 --> 00:19:27,040 Speaker 1: I hear that you guys are gonna be carbon neutral? 358 00:19:28,280 --> 00:19:32,000 Speaker 1: We are, so I feel very very strongly we're carbon 359 00:19:32,000 --> 00:19:34,520 Speaker 1: neutral at Climate Pledge Arena, and a lot of the 360 00:19:34,520 --> 00:19:37,639 Speaker 1: credit goes to Jeff Bezos and Amazon. He really helped 361 00:19:37,720 --> 00:19:40,679 Speaker 1: us figure that out. We're actually now in the in 362 00:19:40,680 --> 00:19:43,119 Speaker 1: the middle of creating a new company called Goal, and 363 00:19:43,160 --> 00:19:45,680 Speaker 1: Goal is going to go help every building figure out 364 00:19:45,680 --> 00:19:48,000 Speaker 1: how they could be more sustainable, and then we're gonna 365 00:19:48,040 --> 00:19:50,240 Speaker 1: come along and every year great them and give them 366 00:19:50,240 --> 00:19:53,960 Speaker 1: a certification process. We this industry. We're not going to 367 00:19:54,040 --> 00:19:56,960 Speaker 1: go solve the problem of global warming, but we could inspire, 368 00:19:57,240 --> 00:20:00,200 Speaker 1: and that's what music and sports have always done. There 369 00:20:00,320 --> 00:20:02,760 Speaker 1: is no more important issue than that one. And if 370 00:20:02,800 --> 00:20:04,560 Speaker 1: we on the East Coast could figure out a way 371 00:20:04,600 --> 00:20:07,080 Speaker 1: to build an arena in New York and go carbon neutral, 372 00:20:07,480 --> 00:20:09,440 Speaker 1: that's going to have a huge impact on fixing this. 373 00:20:09,800 --> 00:20:12,160 Speaker 1: That's crucial because I think West Coast is easy. People 374 00:20:12,200 --> 00:20:16,480 Speaker 1: are kind of people don't understand that it's almost impossible 375 00:20:16,520 --> 00:20:18,359 Speaker 1: to be carbon neutral on the East Coast. Why is it? 376 00:20:18,359 --> 00:20:19,560 Speaker 1: Why is it going to take two years from now 377 00:20:19,600 --> 00:20:21,280 Speaker 1: to do that though? Why couldn't you do that from 378 00:20:21,280 --> 00:20:23,440 Speaker 1: the ground. So actually I was just talking to the 379 00:20:23,480 --> 00:20:26,600 Speaker 1: governor about this. So one, we have to know where 380 00:20:26,600 --> 00:20:29,280 Speaker 1: our energy comes from. So the electricity we bring into 381 00:20:29,280 --> 00:20:33,000 Speaker 1: the building has to be metered so that it's renewable energy, solar, 382 00:20:33,080 --> 00:20:36,200 Speaker 1: our wind in particular, and unless the power company could 383 00:20:36,240 --> 00:20:39,040 Speaker 1: ultimately tell us where that's coming from, then we may 384 00:20:39,040 --> 00:20:42,600 Speaker 1: be getting bad electricity coal for example. So what what 385 00:20:42,640 --> 00:20:44,679 Speaker 1: we're working now with the state own is how we 386 00:20:44,760 --> 00:20:48,800 Speaker 1: ultimately can qualify and quantify sustainable energy and power that 387 00:20:48,840 --> 00:20:51,200 Speaker 1: we bring in here. You gotta get rid of your gas. 388 00:20:51,320 --> 00:20:53,560 Speaker 1: So we have gas in this building. We have no 389 00:20:53,680 --> 00:20:55,800 Speaker 1: gas in the building. A climate pledge arena. We got 390 00:20:55,800 --> 00:20:57,440 Speaker 1: to figure out a way to go use that. You've 391 00:20:57,400 --> 00:20:59,359 Speaker 1: got to recycle your food every night and get it 392 00:20:59,359 --> 00:21:01,640 Speaker 1: back to the food banks, so that you you got 393 00:21:01,640 --> 00:21:05,360 Speaker 1: to go buy of of everything you're going to see 394 00:21:05,359 --> 00:21:08,520 Speaker 1: in this arena that we serve is made in the region, 395 00:21:08,840 --> 00:21:12,320 Speaker 1: because then we limit transportation and then eventually for the 396 00:21:12,320 --> 00:21:15,440 Speaker 1: people that, yeah, the people that are driving here, we're 397 00:21:15,440 --> 00:21:18,280 Speaker 1: gonna have to get carbon credits ultimately to deal with 398 00:21:18,320 --> 00:21:20,680 Speaker 1: the emissions of all of the cars the park here. 399 00:21:20,880 --> 00:21:26,080 Speaker 1: We'll have more power charging stations here. Yeah, it's it's 400 00:21:26,119 --> 00:21:28,880 Speaker 1: actually quite remarkable that we're going to have. You could 401 00:21:28,920 --> 00:21:32,800 Speaker 1: take the fleets of electric vehicles at Lagardy and JFK overnight. 402 00:21:32,840 --> 00:21:35,639 Speaker 1: They'll come here and they'll charge up overnight. Working with 403 00:21:35,640 --> 00:21:41,919 Speaker 1: a company called xcel Fleet symbol xl NA Bloomberg Radio. 404 00:21:42,480 --> 00:21:45,000 Speaker 1: I always wanted to do that. John is going to 405 00:21:45,080 --> 00:21:49,080 Speaker 1: be our third anchor. You're on vacation, I'll come in 406 00:21:49,080 --> 00:21:52,160 Speaker 1: and vice versa. Right work for whatever the minimum way. 407 00:21:52,720 --> 00:21:55,600 Speaker 1: I'm out next week, So okay, have any chair. Okay, 408 00:21:55,640 --> 00:21:57,879 Speaker 1: I'm ready to go absolutely, Tim, you did a deal 409 00:21:57,920 --> 00:21:59,960 Speaker 1: with Spectrum, We just want to squeeze that in. Yeah, 410 00:22:00,080 --> 00:22:02,160 Speaker 1: we just closed to deal with Spectro. So now we're 411 00:22:02,200 --> 00:22:04,600 Speaker 1: in the food and beverage business and we have over 412 00:22:04,640 --> 00:22:08,040 Speaker 1: three facilities that join the OVG family. So we're really 413 00:22:08,080 --> 00:22:10,840 Speaker 1: proud of that partnership. We're really excited to grow. And 414 00:22:10,880 --> 00:22:13,680 Speaker 1: now we're the second largest facility management company in the world. 415 00:22:13,760 --> 00:22:17,320 Speaker 1: And he started out one guy and now his company 416 00:22:17,359 --> 00:22:20,280 Speaker 1: is worth literally billions and billions of dollars. It's unbelievable 417 00:22:20,280 --> 00:22:22,480 Speaker 1: what he's accomplished in the last six years. That was 418 00:22:22,520 --> 00:22:26,240 Speaker 1: New York Islanders majority owner John Ladecki plus the CEO 419 00:22:26,400 --> 00:22:29,960 Speaker 1: of oak View Group, Tim Lee Wicky, speaking with Bloomberg's 420 00:22:30,000 --> 00:22:34,360 Speaker 1: Carol Masser and Tim Stanovic from the brand spanking new 421 00:22:34,560 --> 00:22:39,160 Speaker 1: UBS arena. The letters were still sparkling in Elmont, New York. 422 00:22:39,480 --> 00:22:43,040 Speaker 1: Where are you know, are still putting him up there? 423 00:22:43,040 --> 00:22:46,920 Speaker 1: I felt like it's like you bs and it's so big. 424 00:22:48,080 --> 00:22:51,160 Speaker 1: We've been talking to New York Islanders majority owner John 425 00:22:51,240 --> 00:22:55,120 Speaker 1: Ladecki plus the CEO of oak View Group, Tim Lye 426 00:22:55,160 --> 00:23:00,920 Speaker 1: Wicky about the new U B S arena in Elmont, 427 00:23:00,960 --> 00:23:05,719 Speaker 1: New York and today's arenas and ballparks are really taking 428 00:23:05,720 --> 00:23:08,000 Speaker 1: it to the next level. It's all about creating an 429 00:23:08,000 --> 00:23:11,480 Speaker 1: experience for the fans, and that means having fun in 430 00:23:11,760 --> 00:23:14,680 Speaker 1: and around the arena even when you're not watching the game. 431 00:23:14,720 --> 00:23:17,960 Speaker 1: And that also means a lot of food options too. 432 00:23:18,359 --> 00:23:24,840 Speaker 1: And now we're talking, Uh now Shaquille O'Neill. It sounds 433 00:23:24,840 --> 00:23:28,240 Speaker 1: so formal saying she instead of shack, he's getting in 434 00:23:28,320 --> 00:23:32,159 Speaker 1: on the action. He's opened up a shack Big Chicken 435 00:23:32,560 --> 00:23:34,919 Speaker 1: at the new home for the Islanders, Bloomberg's for Need 436 00:23:34,960 --> 00:23:37,760 Speaker 1: a Young and Jason Kelly called up with him to 437 00:23:37,800 --> 00:23:40,320 Speaker 1: get his reaction on the new arena. Here's what a 438 00:23:40,440 --> 00:23:43,359 Speaker 1: twelve time NBA All Star had to say. When you 439 00:23:43,640 --> 00:23:46,600 Speaker 1: deal with a guy like Tim Lawicki, he makes an 440 00:23:46,600 --> 00:23:50,760 Speaker 1: arena more than arena, makes it a destination. When I 441 00:23:50,840 --> 00:23:53,359 Speaker 1: was in college or when we went to the Forum, 442 00:23:53,840 --> 00:23:55,520 Speaker 1: you just go to the game and then you leave. 443 00:23:55,680 --> 00:24:02,639 Speaker 1: Now this sweets bars, uh, you know rooms. You know 444 00:24:03,400 --> 00:24:06,760 Speaker 1: they're they're having concerts at the arena, so it's more 445 00:24:06,760 --> 00:24:09,080 Speaker 1: of like a destination. And when you have places like this, 446 00:24:09,280 --> 00:24:12,080 Speaker 1: people like to eat. Uh. You know, when I was 447 00:24:12,119 --> 00:24:15,080 Speaker 1: coming up, it's just popcorn, maybe hot dogs, maybe a burger, 448 00:24:15,160 --> 00:24:19,920 Speaker 1: but now there's you know, it's it's it's like a destination. 449 00:24:20,160 --> 00:24:23,000 Speaker 1: It's similar to what what what they've done with airports. 450 00:24:23,640 --> 00:24:26,879 Speaker 1: I remember ninety when I travel to the airport. Nothing 451 00:24:26,960 --> 00:24:32,159 Speaker 1: now restaurants and bars and clubs. So you know, and 452 00:24:32,600 --> 00:24:35,040 Speaker 1: you know, I having having guys like Tim l Wicker, 453 00:24:35,160 --> 00:24:37,760 Speaker 1: you know the way he builds it. You know, it's 454 00:24:37,800 --> 00:24:42,399 Speaker 1: just an awesome opportunity for me. That's Shaquille O'Neill on 455 00:24:42,520 --> 00:24:48,399 Speaker 1: the brand spanking new ubs arena with extra ingredients like 456 00:24:48,520 --> 00:24:52,840 Speaker 1: new smell. Let's bring in Bloomberg. Business Week host Carol 457 00:24:52,880 --> 00:24:57,040 Speaker 1: Master again and Carol, you were right at the Island 458 00:24:57,520 --> 00:25:03,359 Speaker 1: home man. What do you think of shacks assessment and 459 00:25:04,320 --> 00:25:05,840 Speaker 1: what is it? What do you think is he's right 460 00:25:05,840 --> 00:25:07,800 Speaker 1: about it? Well? I think so, And I think what's 461 00:25:07,800 --> 00:25:11,760 Speaker 1: interesting is, you know, going to arena's um it's now 462 00:25:11,800 --> 00:25:14,040 Speaker 1: about an experience. And these guys Tim and John both 463 00:25:14,040 --> 00:25:16,119 Speaker 1: talked about it a lot, and they are thinking so 464 00:25:16,200 --> 00:25:18,840 Speaker 1: much about food. There's grab and go food, there's more 465 00:25:19,240 --> 00:25:23,040 Speaker 1: cosine the upper end of the food chain. And what's 466 00:25:23,080 --> 00:25:27,160 Speaker 1: interesting this arena they're looking to do like their food 467 00:25:27,240 --> 00:25:30,119 Speaker 1: ingredients will be sourced within a three mile radius and 468 00:25:30,160 --> 00:25:33,080 Speaker 1: will be based on seasonality. So they're thinking about localization 469 00:25:33,119 --> 00:25:35,399 Speaker 1: for food because first of all, it's really cool to 470 00:25:35,440 --> 00:25:38,320 Speaker 1: play into your local environment, but it also they're thinking 471 00:25:38,320 --> 00:25:40,720 Speaker 1: about their carbon footprint, and if they don't have to 472 00:25:40,760 --> 00:25:44,040 Speaker 1: be sourcing from across the country, you're cutting down on 473 00:25:44,160 --> 00:25:47,560 Speaker 1: that carbon impact. So all of that's I play. That 474 00:25:47,760 --> 00:25:50,439 Speaker 1: is sweet. What's your favorite food in arena? Michael? Oh, 475 00:25:50,520 --> 00:25:55,399 Speaker 1: you know what? Hot dog? No? And I love nachosh. 476 00:25:55,880 --> 00:25:58,720 Speaker 1: Who doesn't love no? I can eat that. That could 477 00:25:58,720 --> 00:26:01,359 Speaker 1: be a meal every dog one day. It sounds like 478 00:26:01,400 --> 00:26:05,280 Speaker 1: my eighteen year old. Now see if you take a 479 00:26:05,320 --> 00:26:10,800 Speaker 1: look at my psyche, Mike Lynch, what's your favorite food? 480 00:26:11,359 --> 00:26:14,640 Speaker 1: You know I've gotten into pretzels and arenas lately. Um 481 00:26:14,720 --> 00:26:16,680 Speaker 1: it was so I sort of ignored them. I said, 482 00:26:16,680 --> 00:26:18,880 Speaker 1: that doesn't really look that good with something with pretzel 483 00:26:18,880 --> 00:26:21,600 Speaker 1: with mustard on it. But they're good. Yeah, And they 484 00:26:21,680 --> 00:26:24,960 Speaker 1: go good with beer, don't they They do. If I'm working, though, 485 00:26:24,960 --> 00:26:27,359 Speaker 1: I never eat popcorn because in the minute they spit 486 00:26:27,400 --> 00:26:29,880 Speaker 1: that will when comes when you're on the air, there's 487 00:26:29,920 --> 00:26:32,879 Speaker 1: some colonel just surfaces in the back of your throat. 488 00:26:32,920 --> 00:26:34,840 Speaker 1: And your coughing your brains out. So that's a rule 489 00:26:34,880 --> 00:26:37,639 Speaker 1: I learned about forty years ago. Like peanuts too, right, 490 00:26:37,640 --> 00:26:38,960 Speaker 1: if you're eating them and else and you go on 491 00:26:39,000 --> 00:26:43,520 Speaker 1: air and you're like, I just I've made that mistake 492 00:26:43,640 --> 00:26:47,080 Speaker 1: one time here because we we got a plethora of food, 493 00:26:47,480 --> 00:26:50,639 Speaker 1: Mike Bloomberg, bless his art, we got all the free food. 494 00:26:50,800 --> 00:26:52,840 Speaker 1: So one day I decided to get a bag of 495 00:26:52,880 --> 00:26:55,880 Speaker 1: peanuts and I'm just chopping down and I'm like, oh, 496 00:26:55,880 --> 00:27:01,280 Speaker 1: I gotta go on the air. What's wrong with barn? 497 00:27:02,800 --> 00:27:06,000 Speaker 1: Get back to you. Well, anyway, the food experience at 498 00:27:06,040 --> 00:27:09,199 Speaker 1: these arenas, man, they just keep pushing the limit and 499 00:27:09,320 --> 00:27:12,040 Speaker 1: shock and reaching out to celebrities. And you're definitely seeing 500 00:27:12,040 --> 00:27:14,159 Speaker 1: that experience and you definitely feel it at U b 501 00:27:14,280 --> 00:27:18,080 Speaker 1: S Arena, that's for sure. Back now to Carol's interview 502 00:27:18,320 --> 00:27:21,880 Speaker 1: with the New York Islanders majority owner John Ladaki plus 503 00:27:21,920 --> 00:27:25,240 Speaker 1: the CEO of Oakview Group, Tim Lwicky from the New 504 00:27:25,359 --> 00:27:29,119 Speaker 1: UBS Arena in Elmont, New York. Here they are talking 505 00:27:29,160 --> 00:27:32,520 Speaker 1: to Carol and Bloomberg. Quick takes, Tim standing John talk 506 00:27:32,560 --> 00:27:34,440 Speaker 1: a little bit about the fan experience here and really 507 00:27:34,440 --> 00:27:36,240 Speaker 1: how you guys thought about that when it came to 508 00:27:36,400 --> 00:27:39,080 Speaker 1: designing the home for the Islanders. Yeah, it really is 509 00:27:39,080 --> 00:27:41,359 Speaker 1: all about the fans. Is all about inclusion. It's about 510 00:27:41,359 --> 00:27:42,960 Speaker 1: being able to go to the Hineken Bar and you 511 00:27:42,960 --> 00:27:45,159 Speaker 1: don't need a haul pass to do it. Um, you 512 00:27:45,160 --> 00:27:46,600 Speaker 1: want to play with a crack and you can play 513 00:27:46,640 --> 00:27:50,399 Speaker 1: with a cracking and you're hearing that ladies and gentlemen. 514 00:27:51,600 --> 00:27:54,760 Speaker 1: And at the same time, for those who want to 515 00:27:55,080 --> 00:27:58,760 Speaker 1: do business celebrate a special occasion, we have everything from 516 00:27:58,920 --> 00:28:01,400 Speaker 1: special clubs to a speakeasy that would be opening later, 517 00:28:01,480 --> 00:28:03,440 Speaker 1: which is so you do feel like when you're here, 518 00:28:03,480 --> 00:28:06,000 Speaker 1: it's an experience. It's about gatherings. You can see how 519 00:28:06,040 --> 00:28:10,280 Speaker 1: people could just gather in different tables and Disneyland for adults. Yeah, 520 00:28:10,480 --> 00:28:12,320 Speaker 1: that's what it is. It really does feel that way. 521 00:28:12,680 --> 00:28:15,400 Speaker 1: Very different from other arenas totally. So we have two 522 00:28:15,400 --> 00:28:17,560 Speaker 1: patios here. So one of them is the Heineken Bar, 523 00:28:17,680 --> 00:28:20,360 Speaker 1: so it looks out at the racetrack and the paddocks 524 00:28:20,359 --> 00:28:23,560 Speaker 1: across the way at at Belmont Park. And if you 525 00:28:23,600 --> 00:28:25,760 Speaker 1: think about it, the others can't do it because they 526 00:28:25,760 --> 00:28:29,159 Speaker 1: were designed around railroad stations and train tracks. That's the 527 00:28:29,160 --> 00:28:31,760 Speaker 1: brilliant heres. We had four forty acres to build a 528 00:28:31,800 --> 00:28:34,439 Speaker 1: campus out and we weren't restricted and didn't have to 529 00:28:34,480 --> 00:28:37,600 Speaker 1: compromise on the fan experience because we got to design 530 00:28:37,640 --> 00:28:41,440 Speaker 1: the building perfectly because we weren't trying to squeeze everything in. 531 00:28:41,640 --> 00:28:43,760 Speaker 1: How did you know what the fans wanted? At this point? 532 00:28:45,360 --> 00:28:48,560 Speaker 1: Four fans a night at every home. Will you play 533 00:28:48,600 --> 00:28:50,880 Speaker 1: with them? I don't, I don't. I don't sit in 534 00:28:50,880 --> 00:28:53,560 Speaker 1: the owner's boxes. I have nothing against owners in the 535 00:28:53,560 --> 00:28:55,840 Speaker 1: owner's box. But if you're building a new building, you 536 00:28:55,880 --> 00:28:58,040 Speaker 1: have got to hear what the fan who's having the 537 00:28:58,080 --> 00:29:01,160 Speaker 1: experience wants, and I owner fan are have a great 538 00:29:01,200 --> 00:29:03,320 Speaker 1: reputation for speaking their minds. You know how long Island 539 00:29:03,360 --> 00:29:06,240 Speaker 1: is right, everybody's got an opinion. So I got hundreds 540 00:29:06,240 --> 00:29:08,920 Speaker 1: of opinions each night, wrote them down, and then we 541 00:29:08,960 --> 00:29:11,600 Speaker 1: went to all thirty NHL arenas, trying to borrow the 542 00:29:11,640 --> 00:29:13,840 Speaker 1: best of breed. And then we have the maestro here, 543 00:29:13,880 --> 00:29:16,520 Speaker 1: Tim Lawick. You put it all together in a mixer 544 00:29:16,680 --> 00:29:19,240 Speaker 1: and outcomes this great arena. So give me an example 545 00:29:19,280 --> 00:29:21,560 Speaker 1: of something that you learned from one of those conversations 546 00:29:21,600 --> 00:29:24,000 Speaker 1: that we see here. You know what, twenty five minutes 547 00:29:24,000 --> 00:29:27,160 Speaker 1: at the Nasau Coliseum, to use the bathroom unacceptable. More 548 00:29:27,200 --> 00:29:29,600 Speaker 1: bathrooms than any arena in North America, I think, any 549 00:29:29,680 --> 00:29:31,840 Speaker 1: building maybe in North America. I noticed as I walked 550 00:29:31,840 --> 00:29:34,560 Speaker 1: around there's like bathrooms everywhere well, and more women's bathrooms 551 00:29:34,560 --> 00:29:37,920 Speaker 1: than any arena. And they're beautiful. The bathrooms, by the way, 552 00:29:37,960 --> 00:29:41,280 Speaker 1: the women's bathrooms here are the most beautiful bathrooms in 553 00:29:41,600 --> 00:29:44,520 Speaker 1: the arena businesses. Now, let's see what happens after Metallica 554 00:29:44,560 --> 00:29:47,920 Speaker 1: and see if we can still preserve them. But we're hopeful. 555 00:29:48,200 --> 00:29:51,120 Speaker 1: Um and then and then of course minutes five minutes 556 00:29:51,120 --> 00:29:54,200 Speaker 1: for a cold, disgusting hot dog. And now we have 557 00:29:54,280 --> 00:29:56,360 Speaker 1: everything from grabb and go, which is great because the 558 00:29:56,400 --> 00:29:58,360 Speaker 1: fans want to get their food and go back to 559 00:29:58,440 --> 00:30:02,560 Speaker 1: more hot cuisine. But the most important thing is every 560 00:30:02,640 --> 00:30:06,120 Speaker 1: bar can see the ice or the concert right. So 561 00:30:06,200 --> 00:30:08,040 Speaker 1: important because how many times have I missed a goal 562 00:30:08,080 --> 00:30:09,800 Speaker 1: trying to get a beer for a buddy when I 563 00:30:09,880 --> 00:30:12,000 Speaker 1: was a fan. It's so irritating. So now you can 564 00:30:12,040 --> 00:30:14,080 Speaker 1: actually turn around see the play. You also have it 565 00:30:14,120 --> 00:30:16,520 Speaker 1: on TV screens everywhere, more TV screens, I think than 566 00:30:16,520 --> 00:30:18,480 Speaker 1: any arena as well. Maybe we can also find someone 567 00:30:18,680 --> 00:30:20,800 Speaker 1: to get you a beer at one in these games. 568 00:30:21,080 --> 00:30:22,720 Speaker 1: You might not have to get your own beers these days. 569 00:30:22,800 --> 00:30:25,760 Speaker 1: Well hopefully, hopefully the fans are happy. But I'll tell you, 570 00:30:26,960 --> 00:30:29,080 Speaker 1: I'll tell you what Tim says, which is, John, it 571 00:30:29,120 --> 00:30:32,280 Speaker 1: doesn't matter. You could have the taj Mahal. Someone is 572 00:30:32,320 --> 00:30:34,320 Speaker 1: going to find something, and we just have to get 573 00:30:34,320 --> 00:30:36,240 Speaker 1: through the first few weeks. What's the next thing you 574 00:30:36,280 --> 00:30:40,600 Speaker 1: two do together when go have a beer, go behind it, 575 00:30:40,840 --> 00:30:42,880 Speaker 1: let's go. Let's right there. I've been staring at a 576 00:30:44,160 --> 00:30:47,800 Speaker 1: check our stocks on O ubs hap. Yeah, that's exactly right. Okay, 577 00:30:47,800 --> 00:30:50,400 Speaker 1: that was too shameless plugs. That's okay. You can do 578 00:30:50,400 --> 00:30:52,400 Speaker 1: as many shameless plugs and you can come back anytime. 579 00:30:53,960 --> 00:30:58,959 Speaker 1: Happy holidays. Happy. We're really proud of how many time 580 00:30:59,000 --> 00:31:04,880 Speaker 1: I'm going to give you the whole good luck with 581 00:31:04,920 --> 00:31:08,800 Speaker 1: the season. We really appreciate it. And that was New 582 00:31:08,880 --> 00:31:12,360 Speaker 1: York Islanders majority owner John Ladecki plus the CEO of 583 00:31:12,400 --> 00:31:16,600 Speaker 1: oak View Group, Tim Lightwicky, speaking with Bloomberg's Carol Master 584 00:31:16,920 --> 00:31:20,440 Speaker 1: and Tim Centevic at the brand spanking new Ubs Arena 585 00:31:20,720 --> 00:31:24,360 Speaker 1: in Elmont, New York. And I have to say I 586 00:31:24,720 --> 00:31:28,320 Speaker 1: am always impressed when a brand new arena opens up. 587 00:31:28,440 --> 00:31:33,800 Speaker 1: Carol and Lynchy because you see the difference from I 588 00:31:33,840 --> 00:31:37,320 Speaker 1: think of the old Tiger Stadium and and you know, 589 00:31:37,400 --> 00:31:39,560 Speaker 1: you had a pillar that was right in front of 590 00:31:39,600 --> 00:31:42,800 Speaker 1: you as you're trying to see the field, and you know, 591 00:31:42,880 --> 00:31:46,120 Speaker 1: the forget about that internet connection. You didn't have any 592 00:31:46,160 --> 00:31:49,400 Speaker 1: of that stuff. You just and the scoreboard was out there. 593 00:31:49,400 --> 00:31:51,960 Speaker 1: It was the old lit scoreboard. And if you look 594 00:31:52,040 --> 00:31:54,120 Speaker 1: hard enough, you can see the guy right in chalk. No, 595 00:31:54,280 --> 00:31:59,480 Speaker 1: I'm kidding, but but it's nothing like it is today, Carol. Well, 596 00:31:59,480 --> 00:32:02,240 Speaker 1: and that's interesting that you say that, because they thought 597 00:32:02,280 --> 00:32:05,680 Speaker 1: about this UBS arena, uh, Tim and John and building 598 00:32:05,720 --> 00:32:09,280 Speaker 1: it about the social experience because people go to these 599 00:32:09,320 --> 00:32:12,480 Speaker 1: events and are often putting it out on social media. 600 00:32:12,520 --> 00:32:15,760 Speaker 1: So that was certainly something that was a big thought 601 00:32:15,880 --> 00:32:19,320 Speaker 1: for them. They really thought about the sports fan, They 602 00:32:19,360 --> 00:32:21,920 Speaker 1: thought about the entertainment fan. They wanted to make sure 603 00:32:21,960 --> 00:32:24,400 Speaker 1: that when they came, they were front and center in 604 00:32:24,520 --> 00:32:27,280 Speaker 1: terms of designing this arena. So they thought about sound. 605 00:32:27,880 --> 00:32:30,920 Speaker 1: It's a small intimate arena, even though there's thousands of 606 00:32:31,000 --> 00:32:35,200 Speaker 1: seats and so everybody's got a great, great shot. And uh, 607 00:32:35,240 --> 00:32:38,480 Speaker 1: and just then the places to experience, from the bathrooms 608 00:32:38,520 --> 00:32:42,600 Speaker 1: to the bars. Uh, it's all really been been been 609 00:32:42,640 --> 00:32:47,920 Speaker 1: created and constructed with the fan and the consumer and mind. Guys. 610 00:32:48,640 --> 00:32:50,280 Speaker 1: You know, there was a time when you didn't know 611 00:32:50,400 --> 00:32:52,440 Speaker 1: you were really in an arena until the soles of 612 00:32:52,480 --> 00:32:57,000 Speaker 1: your shoes stuck to the concrete on the walkway from 613 00:32:57,000 --> 00:32:59,719 Speaker 1: all the spilled beer. It's just you. Okay, I'm at 614 00:32:59,720 --> 00:33:01,840 Speaker 1: a One's game. Now I'm at a Pistons game. I'm 615 00:33:01,880 --> 00:33:05,840 Speaker 1: at a Rangers game. But these new arenas are absolutely dazzling. 616 00:33:06,040 --> 00:33:08,160 Speaker 1: And what you want to do when you want to 617 00:33:08,160 --> 00:33:11,640 Speaker 1: be able to take public transportation, that boxes checked, ample parking, 618 00:33:11,680 --> 00:33:14,600 Speaker 1: that boxes checked, uh not miss into the action when 619 00:33:14,640 --> 00:33:16,520 Speaker 1: you go to the men's a ladies room or go 620 00:33:16,600 --> 00:33:19,760 Speaker 1: to the concession stand. So they had they did all 621 00:33:19,760 --> 00:33:22,160 Speaker 1: their homework. I remember we had a conversation a year 622 00:33:22,160 --> 00:33:24,240 Speaker 1: ago when it was just a skeleton of a frame 623 00:33:24,560 --> 00:33:26,120 Speaker 1: and and was right in the middle of COVID, And 624 00:33:26,120 --> 00:33:28,040 Speaker 1: they learned a lot of lessons from COVID too about 625 00:33:28,120 --> 00:33:31,840 Speaker 1: spacing and uh access and egress getting people in and 626 00:33:31,840 --> 00:33:34,720 Speaker 1: out of the building. And so you know, they parlayed 627 00:33:34,760 --> 00:33:37,480 Speaker 1: it all together and according to you, Carol, it's a 628 00:33:37,600 --> 00:33:39,440 Speaker 1: it's a ten. Well, it's interesting you say that too. 629 00:33:39,480 --> 00:33:41,560 Speaker 1: They've got these big butt fans. I can't really say 630 00:33:41,560 --> 00:33:43,240 Speaker 1: what the name of the company is because I'll get 631 00:33:43,240 --> 00:33:46,520 Speaker 1: in trouble. But um, Tim ala Wecky actually said it, 632 00:33:47,080 --> 00:33:50,720 Speaker 1: uh massive filtration systems, akin to what you see in hospitals. 633 00:33:50,760 --> 00:33:53,160 Speaker 1: They've got these great acoustical tiles. But they really did 634 00:33:53,200 --> 00:33:56,440 Speaker 1: think about you're right, um, Linda, that in terms of 635 00:33:56,480 --> 00:33:59,360 Speaker 1: the impact of COVID, there's a lot of touchless systems 636 00:33:59,360 --> 00:34:01,080 Speaker 1: where people can hy food and just do it all 637 00:34:01,080 --> 00:34:04,120 Speaker 1: without any kind of impact. So they're thinking about ease, 638 00:34:04,160 --> 00:34:06,520 Speaker 1: but they're also thinking about COVID and the impact it 639 00:34:06,640 --> 00:34:10,040 Speaker 1: had and the need for technology to fit those demands. 640 00:34:10,160 --> 00:34:12,719 Speaker 1: They actually altered the blueprint a little bit when during 641 00:34:12,719 --> 00:34:15,600 Speaker 1: our interview last year because of COVID, and they learned 642 00:34:15,600 --> 00:34:18,640 Speaker 1: some great lessons which many arenas sent in the future 643 00:34:18,680 --> 00:34:21,560 Speaker 1: would be built will obviously take lessons from them. Yeah, exactly. 644 00:34:21,600 --> 00:34:24,000 Speaker 1: And and it's interesting because Tim's already you know, done 645 00:34:24,040 --> 00:34:27,040 Speaker 1: the the arena on the West Coast with Jeff Bezos. 646 00:34:27,080 --> 00:34:29,120 Speaker 1: He did this one, He's got seven more in the works. 647 00:34:29,120 --> 00:34:33,040 Speaker 1: But all of this is certainly impacting future arena development. 648 00:34:33,080 --> 00:34:34,719 Speaker 1: And I think, you know, Michael, you're going to see 649 00:34:34,719 --> 00:34:37,080 Speaker 1: this playing out for years to come, you know, before 650 00:34:37,080 --> 00:34:39,360 Speaker 1: we get into the number of the week, I always 651 00:34:39,360 --> 00:34:44,000 Speaker 1: think of developments in the arenas now, back when the 652 00:34:44,040 --> 00:34:46,480 Speaker 1: Red Wings played at the O. Joe Louis Arena, back 653 00:34:46,480 --> 00:34:50,200 Speaker 1: in Detroit. I'm feeling so young, Michael, Oh my god, 654 00:34:50,239 --> 00:34:56,040 Speaker 1: I'm coming back every week. Gregor, can't leave, Carol. This 655 00:34:56,200 --> 00:34:58,680 Speaker 1: is the hotel business of sports. You can check in, 656 00:34:58,719 --> 00:35:05,279 Speaker 1: but you can never snow Olympia. There was a shot 657 00:35:05,320 --> 00:35:10,520 Speaker 1: of a woman and she had a big, tall, bouffant 658 00:35:10,680 --> 00:35:16,840 Speaker 1: hairstyle and at me right now behind her there was 659 00:35:16,880 --> 00:35:21,200 Speaker 1: this guy and you couldn't see the guy and and ESPN, 660 00:35:21,239 --> 00:35:22,960 Speaker 1: I'm not gonna lie. That made me laugh so hard 661 00:35:23,000 --> 00:35:25,960 Speaker 1: at this. And they're saying, this poor guy paid a 662 00:35:26,040 --> 00:35:28,440 Speaker 1: hundred dollars for these seats and he can't see a 663 00:35:28,520 --> 00:35:32,160 Speaker 1: thing because the big boufon hairstyle. Is that that is 664 00:35:32,239 --> 00:35:35,120 Speaker 1: changing the way they're designing all of this. I love it. 665 00:35:35,280 --> 00:35:38,279 Speaker 1: Are you blaming women again? No? I never you, But 666 00:35:38,320 --> 00:35:41,400 Speaker 1: I mean I'm just my My wife listens to this 667 00:35:41,440 --> 00:35:44,200 Speaker 1: show and I don't want to go to anybody's house 668 00:35:44,280 --> 00:35:47,040 Speaker 1: to sleep on their couch. But you're right, like thinking 669 00:35:47,080 --> 00:35:49,399 Speaker 1: about You want every seat right to be a good one, 670 00:35:49,440 --> 00:35:51,600 Speaker 1: and you need to think about the consumer experience. These 671 00:35:51,600 --> 00:35:53,880 Speaker 1: people are paying up big time for some of these tickets, 672 00:35:54,320 --> 00:35:56,160 Speaker 1: and you've got to make sure that you're feeling like 673 00:35:56,200 --> 00:35:59,399 Speaker 1: they're getting their money's worth. You don't want to pick 674 00:35:59,520 --> 00:36:01,680 Speaker 1: that's I'm not and dream Kids. Feels better to be 675 00:36:01,760 --> 00:36:03,600 Speaker 1: than the one, than number five. I'll wear a number 676 00:36:03,600 --> 00:36:05,160 Speaker 1: because of Mike. We have a chance to go for 677 00:36:05,200 --> 00:36:06,919 Speaker 1: three in a row. Good numbers at a good time. 678 00:36:06,920 --> 00:36:09,000 Speaker 1: When I first started wearing the number, how we just 679 00:36:09,000 --> 00:36:12,480 Speaker 1: have the proud Bloomberg business of sports. The number of 680 00:36:12,520 --> 00:36:19,320 Speaker 1: the week. My friends see the shows, we're so plod 681 00:36:20,040 --> 00:36:24,920 Speaker 1: coming side, coming side. Well, welcome to the show, Carol, 682 00:36:25,719 --> 00:36:30,880 Speaker 1: because it is time for the number of the week, 683 00:36:31,920 --> 00:36:37,160 Speaker 1: and this week, hats off to a Mom Schumpfert Uh 684 00:36:37,440 --> 00:36:42,480 Speaker 1: NBA star Uh played twelve seasons in the NBA. He 685 00:36:42,600 --> 00:36:45,719 Speaker 1: wanted all when he was with the Cleveland Cavaliers. Uh. 686 00:36:45,920 --> 00:36:48,000 Speaker 1: At one point he was with the New York Knicks. 687 00:36:48,000 --> 00:36:52,120 Speaker 1: I think the Knicks picked him and he won Dancing 688 00:36:52,160 --> 00:36:55,920 Speaker 1: with the Stars for the thirty season. All right, now 689 00:36:55,920 --> 00:36:58,279 Speaker 1: I've given you a clue. Okay, what I want to 690 00:36:58,400 --> 00:37:04,880 Speaker 1: know is pressure. How many sports figures have won the 691 00:37:05,000 --> 00:37:11,160 Speaker 1: Mirrored Ball? Out of thirty seasons? How many have won 692 00:37:11,200 --> 00:37:14,760 Speaker 1: the Mirrored Ball? Women and men alike? Right? That is correct? 693 00:37:15,320 --> 00:37:17,920 Speaker 1: I have to say I am not a big watcher 694 00:37:18,840 --> 00:37:21,799 Speaker 1: of Dancing with the Stars, although I follow it in 695 00:37:21,960 --> 00:37:29,480 Speaker 1: a kind of just a culture, public culture, if you will. Um, 696 00:37:29,320 --> 00:37:32,960 Speaker 1: I want to almost say one, but it's going to 697 00:37:33,040 --> 00:37:35,560 Speaker 1: be more than that, isn't it. I'm just going to 698 00:37:35,680 --> 00:37:38,440 Speaker 1: hand it to Lynch. What are you saying, Lynch? How 699 00:37:38,520 --> 00:37:43,719 Speaker 1: many seasons we have? T season just wrapped up? I'm 700 00:37:43,760 --> 00:37:48,279 Speaker 1: going to say probably more than one, don't you think? Yeah, 701 00:37:48,280 --> 00:37:53,600 Speaker 1: I'm gonna say a third of them. I'm gonna say eleven. Wow, 702 00:37:54,160 --> 00:38:00,160 Speaker 1: he is sharp at twelve including a mom Sharperdy have 703 00:38:00,360 --> 00:38:04,000 Speaker 1: one Dancing with the starts? Okay, Lynchy, since you're so good, 704 00:38:04,280 --> 00:38:06,520 Speaker 1: I'm gonna give you a bonus question where you can 705 00:38:06,560 --> 00:38:10,880 Speaker 1: double your money on stage. Who was the first sports 706 00:38:10,920 --> 00:38:15,440 Speaker 1: figure to win the Mirrored Ball? Can I cheat with Google? Nay, 707 00:38:15,560 --> 00:38:23,160 Speaker 1: that's too late. You get some lovely part And I 708 00:38:23,200 --> 00:38:25,359 Speaker 1: worked at an ABC station and that was our lead 709 00:38:25,400 --> 00:38:27,880 Speaker 1: into the eleven o'clock news and was always the crowned 710 00:38:27,920 --> 00:38:30,279 Speaker 1: up champion at a ten fifty nine. So I was, 711 00:38:30,640 --> 00:38:36,799 Speaker 1: I'm gonna say, Ammon Smith, that's correct. Three, Michael Lynch, 712 00:38:36,880 --> 00:38:39,200 Speaker 1: come on, you can tell us that you have been 713 00:38:39,239 --> 00:38:41,440 Speaker 1: watching this show from the beginning. Come on, you can 714 00:38:41,520 --> 00:38:44,480 Speaker 1: you can come out and tell us I opted out 715 00:38:44,480 --> 00:38:49,280 Speaker 1: this year. But but I did only out of necessity, 716 00:38:49,360 --> 00:38:51,600 Speaker 1: because it was curiosity. Then I marveled it at the 717 00:38:51,600 --> 00:38:54,400 Speaker 1: athleticism of all the dancers, and I said, oh my goodness, 718 00:38:54,400 --> 00:38:56,880 Speaker 1: I said, if half the athletes in Major League Baseball 719 00:38:56,920 --> 00:38:59,200 Speaker 1: were his limbers some of these dancers, they'd be less injuries. 720 00:38:59,360 --> 00:39:01,640 Speaker 1: But it makes it's right. Okay, I'm gonna give you 721 00:39:01,680 --> 00:39:04,280 Speaker 1: guys a little little piece of trivia on Carol Masster. 722 00:39:04,320 --> 00:39:06,799 Speaker 1: I was a gymnast for many years. But I think 723 00:39:06,840 --> 00:39:10,719 Speaker 1: there's something to being an athlete, right that you just 724 00:39:10,760 --> 00:39:13,960 Speaker 1: have a certain coordination that kind of plays well with dancing, right, 725 00:39:14,000 --> 00:39:16,439 Speaker 1: don't you think, Well, you know, the great Lynn Swan 726 00:39:16,520 --> 00:39:20,960 Speaker 1: of the Pittsburgh Steelers did did hire a dance instructor 727 00:39:21,000 --> 00:39:23,719 Speaker 1: to help him with something that Tom Brady does right now, 728 00:39:23,800 --> 00:39:26,439 Speaker 1: just to be limber and be flexible. And he took 729 00:39:26,840 --> 00:39:28,759 Speaker 1: he took dancing in ballet lessons when he was a 730 00:39:28,760 --> 00:39:30,640 Speaker 1: player for the Steelers. That actually makes a lot of 731 00:39:30,640 --> 00:39:33,080 Speaker 1: sense to me, right, And they's just coordination that fits 732 00:39:33,080 --> 00:39:35,160 Speaker 1: well with being a great athlete. If you think about 733 00:39:35,200 --> 00:39:37,120 Speaker 1: some of these guys on the field, I mean, I 734 00:39:37,120 --> 00:39:40,560 Speaker 1: love watching them. It really is choreographed, you know, with 735 00:39:40,680 --> 00:39:42,560 Speaker 1: their teams and how they make their way down the 736 00:39:42,600 --> 00:39:45,200 Speaker 1: field or something. I just think it's it's kind of gorgeous. 737 00:39:45,400 --> 00:39:48,160 Speaker 1: Carol Master, thank you so much for joining us. See, 738 00:39:48,320 --> 00:39:51,439 Speaker 1: once you in, you're in. We're like the mob. This 739 00:39:51,480 --> 00:39:54,040 Speaker 1: is the Bloomberg Business of Sports show, and we're here 740 00:39:54,080 --> 00:39:55,680 Speaker 1: each and every week at the same time, but it's 741 00:39:55,719 --> 00:39:58,560 Speaker 1: online wherever you get your podcast. You can catch those Mondays, 742 00:39:58,560 --> 00:40:01,719 Speaker 1: Wednesdays and Thursdays on MI Bar on Twitter at Big 743 00:40:01,760 --> 00:40:03,960 Speaker 1: Bar Sports. And we're so glad to have Carol on 744 00:40:04,000 --> 00:40:06,479 Speaker 1: the show today. Carrol, you can never leave. I'm Mike Lynch. 745 00:40:06,600 --> 00:40:09,560 Speaker 1: You can follow me at Lynch w CVB. Can I 746 00:40:09,560 --> 00:40:12,240 Speaker 1: squeeze it in and at Carol Master. Check at Carol 747 00:40:12,280 --> 00:40:15,760 Speaker 1: Master on Twitter. Carol, you were like the mob. Once 748 00:40:15,760 --> 00:40:19,520 Speaker 1: you're in, I'll be with you guys. I like this mob. 749 00:40:19,960 --> 00:40:22,160 Speaker 1: Thanks for joining us. Doing it again next week for 750 00:40:22,200 --> 00:40:25,279 Speaker 1: the latest on the stories. Moving big money in the 751 00:40:25,320 --> 00:40:28,360 Speaker 1: world of sports. You're listening to Bloomberg Business of Sports 752 00:40:28,360 --> 00:40:30,560 Speaker 1: from Bloomberg Radio around the world.