1 00:00:00,840 --> 00:00:05,040 Speaker 1: You're listening to Bloomberg Business of Sports from Bloomberg Radio. 2 00:00:06,400 --> 00:00:09,040 Speaker 1: This is the Bloomberg Business of Sports Show. We explore 3 00:00:09,080 --> 00:00:10,959 Speaker 1: the big money issues in the world and sports on 4 00:00:11,119 --> 00:00:14,760 Speaker 1: Michael barn and I'm Mike Lynch. Scarlet Fu is off today, 5 00:00:14,800 --> 00:00:17,720 Speaker 1: but she'll be back in a couple of days. Don't worry. 6 00:00:17,800 --> 00:00:21,680 Speaker 1: We we love scar We love you. Scar got a 7 00:00:21,680 --> 00:00:24,920 Speaker 1: lot to talk about though, and some serious topics, and 8 00:00:25,200 --> 00:00:28,600 Speaker 1: one involves w n B a All Star Britney Griner. 9 00:00:29,120 --> 00:00:33,279 Speaker 1: She was arrested in Russia for having vague cartridges containing 10 00:00:33,320 --> 00:00:41,040 Speaker 1: oil derived from cannabis. Now, this is probably the worst time. Now, 11 00:00:41,080 --> 00:00:43,960 Speaker 1: this happened last month. We're just learning about this now. 12 00:00:43,960 --> 00:00:47,200 Speaker 1: First of all, you know, the first thing I thought 13 00:00:47,200 --> 00:00:50,000 Speaker 1: of was that movie Midnight Express. Yeah, I went right 14 00:00:50,040 --> 00:00:52,000 Speaker 1: through my mind in a theme song from its been 15 00:00:52,000 --> 00:00:54,880 Speaker 1: pounding through my head all night long. Um, there are 16 00:00:54,880 --> 00:00:58,240 Speaker 1: a lot of players. When the w NBA season ended, 17 00:00:58,440 --> 00:01:01,160 Speaker 1: a lot of players play overseas, and Grinder has been 18 00:01:01,160 --> 00:01:03,560 Speaker 1: playing overseas in Russia for a number of years, so 19 00:01:03,840 --> 00:01:06,440 Speaker 1: it's not unusual for her to be over there playing basketball. 20 00:01:06,880 --> 00:01:08,959 Speaker 1: What is unusual is that she was unable to leave 21 00:01:09,000 --> 00:01:12,840 Speaker 1: the country when all other w NBA players they were 22 00:01:12,840 --> 00:01:15,880 Speaker 1: playing in Ukraine and Russia have been allowed to leave. 23 00:01:16,120 --> 00:01:19,120 Speaker 1: In Grinder, as at this moment on Monday morning, is 24 00:01:19,160 --> 00:01:24,520 Speaker 1: still a detainee. This is it's the worst time for 25 00:01:24,560 --> 00:01:27,920 Speaker 1: this to happen. Obviously, anytime you get arrested, it's not 26 00:01:27,959 --> 00:01:31,240 Speaker 1: a good time, but especially now when you have Russia 27 00:01:31,280 --> 00:01:34,559 Speaker 1: invading Ukraine. This is a big mess. Now. Her agent 28 00:01:34,959 --> 00:01:38,440 Speaker 1: says that she is working with Grinder, her attorney's family, 29 00:01:38,760 --> 00:01:41,000 Speaker 1: and the w n b A and the NBA to 30 00:01:41,040 --> 00:01:43,680 Speaker 1: get her back home Lynching and of course the Secretary 31 00:01:43,680 --> 00:01:46,119 Speaker 1: of State Antony B. Lincoln has said that he will 32 00:01:46,160 --> 00:01:48,560 Speaker 1: do everything, but there are other Americans who are being 33 00:01:48,560 --> 00:01:53,040 Speaker 1: detained over there, and if he gets Briner out, Grinder out, 34 00:01:53,080 --> 00:01:55,880 Speaker 1: I should say, um, what kind of message is that? 35 00:01:55,960 --> 00:01:58,440 Speaker 1: Sense you're getting special treatment? And also the other side 36 00:01:58,440 --> 00:02:01,160 Speaker 1: of the coin is could she be a high profile 37 00:02:01,240 --> 00:02:05,920 Speaker 1: hostage for Russia? I was thinking that is she if 38 00:02:05,960 --> 00:02:08,360 Speaker 1: we're lack of a better term, it could be a 39 00:02:08,360 --> 00:02:15,079 Speaker 1: bargaining chip. And and that I worry about because for 40 00:02:15,160 --> 00:02:19,240 Speaker 1: so many reasons is this is it's just awful all 41 00:02:19,240 --> 00:02:22,760 Speaker 1: the way around. Well, players have been warned. In fact, 42 00:02:22,760 --> 00:02:26,800 Speaker 1: the entire American population had been warned on January not 43 00:02:26,919 --> 00:02:28,880 Speaker 1: to travel to Russia, and there was another warning that 44 00:02:28,919 --> 00:02:31,040 Speaker 1: went out last Saturday. But she was already over there, 45 00:02:31,040 --> 00:02:32,560 Speaker 1: and all the other players have been over they've been 46 00:02:32,560 --> 00:02:37,120 Speaker 1: playing in their games. Um, she's uh, she's a great athlete, 47 00:02:37,120 --> 00:02:39,960 Speaker 1: she's a great player. Um. And literally and figuratively, she's 48 00:02:40,000 --> 00:02:42,799 Speaker 1: a high profile. She's six ft nine inches tall. It's 49 00:02:42,840 --> 00:02:44,880 Speaker 1: not easy to miss her when she is in a crowd. 50 00:02:45,720 --> 00:02:49,040 Speaker 1: The problem which which disturbs me is that we have 51 00:02:49,120 --> 00:02:52,160 Speaker 1: not heard from her. We have not seen her since 52 00:02:52,160 --> 00:02:54,880 Speaker 1: she was going through security. That video footage, that pre 53 00:02:55,080 --> 00:02:57,720 Speaker 1: video footage that everybody has seen. And that's what bothers 54 00:02:57,760 --> 00:02:59,520 Speaker 1: me a lot. We have not even had a statement 55 00:02:59,560 --> 00:03:02,440 Speaker 1: from her and heard anything from her. That's true. And 56 00:03:03,600 --> 00:03:05,839 Speaker 1: people who all like you said earlier, you know, well 57 00:03:05,840 --> 00:03:08,080 Speaker 1: why was she in Russia? And you mentioned why and 58 00:03:08,560 --> 00:03:12,120 Speaker 1: put it in a perspective, she can make four times 59 00:03:11,760 --> 00:03:14,079 Speaker 1: her pro salary here in the US. In other words, 60 00:03:14,080 --> 00:03:18,920 Speaker 1: she'll make a billion dollars in Russia playing ball then 61 00:03:19,040 --> 00:03:21,639 Speaker 1: the money that she would make here in the US. 62 00:03:21,760 --> 00:03:25,640 Speaker 1: So anybody wondering why was she in Russia, that's why. 63 00:03:25,720 --> 00:03:30,080 Speaker 1: And she was there before all of this happened, Lyncha. Yeah. 64 00:03:30,120 --> 00:03:33,320 Speaker 1: And the other disturbing thing here when we hear around 65 00:03:33,360 --> 00:03:36,000 Speaker 1: this country, well, the maximum punishable fine will be five 66 00:03:36,080 --> 00:03:38,760 Speaker 1: years or fifty dollars. It's never the five years. It's 67 00:03:38,760 --> 00:03:42,240 Speaker 1: always some type of fine. But the maximum penalty for 68 00:03:42,400 --> 00:03:47,520 Speaker 1: having vape cartridges with Hashi's soil ten years in prison. 69 00:03:48,080 --> 00:03:50,280 Speaker 1: Ten years in prison. And again, I keep going back 70 00:03:50,280 --> 00:03:54,480 Speaker 1: to Midnight Express, the movie. There's another serious topic and 71 00:03:54,520 --> 00:03:58,440 Speaker 1: it involves Major League Baseball. Lynch. I'm I am really 72 00:03:58,480 --> 00:04:00,760 Speaker 1: starting to worry now if we're even going to have 73 00:04:00,920 --> 00:04:04,480 Speaker 1: a season now. They met Sunday for about nine minutes, 74 00:04:04,840 --> 00:04:09,040 Speaker 1: major League Baseball and the Players Union and Major League 75 00:04:09,080 --> 00:04:12,640 Speaker 1: Baseball was was pretty dog on mad because they thought 76 00:04:13,200 --> 00:04:17,760 Speaker 1: that the latest proposal that they got from the union 77 00:04:18,800 --> 00:04:23,120 Speaker 1: was worse than what they got before. Yeah, there's uh, 78 00:04:24,120 --> 00:04:26,720 Speaker 1: this is really getting to be frustrating. We had John 79 00:04:26,800 --> 00:04:30,000 Speaker 1: Morossy on last Friday. I thought he broke it down 80 00:04:30,040 --> 00:04:33,080 Speaker 1: brilliantly for us. Lay always does, and I was kind 81 00:04:33,080 --> 00:04:36,360 Speaker 1: of hopeful when he brought up the anniversary of Jackie 82 00:04:36,440 --> 00:04:40,960 Speaker 1: Robinson on April fift which means if they get onto 83 00:04:40,960 --> 00:04:43,799 Speaker 1: the practice field in the training camps by March fifteen. 84 00:04:44,480 --> 00:04:48,040 Speaker 1: Then April fifteen is certainly a reasonable target to open 85 00:04:48,040 --> 00:04:50,440 Speaker 1: the regular season. So we're a week away right now 86 00:04:50,520 --> 00:04:55,240 Speaker 1: from March fifteen, and with no further talks scheduled, the 87 00:04:55,320 --> 00:04:58,200 Speaker 1: chances of being in on on the baseball field the 88 00:04:58,240 --> 00:05:02,440 Speaker 1: major league players for Jackie Robinson Anniversary appeared to be 89 00:05:02,560 --> 00:05:05,120 Speaker 1: slim at best right now, which I think is an 90 00:05:05,160 --> 00:05:10,320 Speaker 1: absolute disgrace, uh to both sides and utterly will just 91 00:05:10,440 --> 00:05:13,760 Speaker 1: get this will grab the attention of the American public quickly. 92 00:05:14,240 --> 00:05:20,000 Speaker 1: Oh yeah this, Lynchy, I'm I'm angry and I am sorry. 93 00:05:20,000 --> 00:05:22,599 Speaker 1: I have to have to put it that way. Uh. 94 00:05:22,680 --> 00:05:27,920 Speaker 1: And a lot of owners are not budging. And yeah, 95 00:05:28,240 --> 00:05:33,680 Speaker 1: I gotta bring up my Detroit Tigers Chris Hill. He's 96 00:05:33,720 --> 00:05:37,200 Speaker 1: not moving at all. In fact, he didn't offer anything. 97 00:05:37,800 --> 00:05:42,440 Speaker 1: And I remember back in the day, Lynji, when you 98 00:05:42,520 --> 00:05:45,320 Speaker 1: had a George Steinbrenner owning the team for the Yankees, 99 00:05:45,400 --> 00:05:50,840 Speaker 1: they wanted to win at any cost. The money didn't 100 00:05:50,839 --> 00:05:52,800 Speaker 1: make a difference. And now I get it, it's a business. 101 00:05:53,240 --> 00:05:57,120 Speaker 1: But they didn't have any problems spending the money. And 102 00:05:57,240 --> 00:06:00,760 Speaker 1: I'm sure the Steinbrenners did fine when they spent the 103 00:06:00,800 --> 00:06:05,039 Speaker 1: money for the Yankees. Uh but I but I don't 104 00:06:05,040 --> 00:06:08,560 Speaker 1: know what's going on now, and I'm really worried that 105 00:06:08,600 --> 00:06:12,800 Speaker 1: they're gonna wreck a great product and it's just gonna 106 00:06:12,880 --> 00:06:15,160 Speaker 1: it's just gonna blow up and then in everybody's face. 107 00:06:15,480 --> 00:06:19,000 Speaker 1: Now what will probably happen is that we're gonna lose 108 00:06:19,040 --> 00:06:22,440 Speaker 1: a lot of games and now baseball will come back, 109 00:06:22,600 --> 00:06:25,559 Speaker 1: and then they'll try to get the PR machine going. 110 00:06:26,000 --> 00:06:28,840 Speaker 1: The question is where people buy it. I don't know. 111 00:06:28,960 --> 00:06:32,760 Speaker 1: I think right now there isn't any empathy a sympathy 112 00:06:32,839 --> 00:06:35,960 Speaker 1: for either side with the American public, certainly what's going 113 00:06:36,000 --> 00:06:38,840 Speaker 1: on in Ukraine right now and also what's going on 114 00:06:38,880 --> 00:06:42,520 Speaker 1: with our economy, and people were still coming on the 115 00:06:42,520 --> 00:06:46,200 Speaker 1: bottom half of the of the COVID wave and people 116 00:06:46,200 --> 00:06:49,640 Speaker 1: don't really care whose side is right and which side 117 00:06:49,760 --> 00:06:52,479 Speaker 1: is wrong. The owners don't really have a great deal 118 00:06:52,480 --> 00:06:55,240 Speaker 1: of motivation in the month of April to settle. As 119 00:06:55,279 --> 00:06:58,960 Speaker 1: we've mentioned the numerous times, ticket sales are not very 120 00:06:58,960 --> 00:07:02,479 Speaker 1: brisk because students are still in school, college and high 121 00:07:02,480 --> 00:07:05,680 Speaker 1: school and elementary school students, they're on a lot of 122 00:07:05,680 --> 00:07:10,080 Speaker 1: eyeballs on TV sets, so the local TV packages, uh 123 00:07:10,200 --> 00:07:12,600 Speaker 1: don't get hurt financially. It doesn't hurt the teams that 124 00:07:12,720 --> 00:07:15,320 Speaker 1: much until you get into May. That's when it starts 125 00:07:15,360 --> 00:07:18,680 Speaker 1: to hurts. It hurts the players. They're losing an aggregate 126 00:07:18,720 --> 00:07:22,080 Speaker 1: of twenty million dollars for every single regular season game 127 00:07:22,360 --> 00:07:24,800 Speaker 1: that has been canceled. Now two series have been canceled. 128 00:07:25,120 --> 00:07:28,480 Speaker 1: We're taping this show on Monday morning between ten thirty 129 00:07:28,480 --> 00:07:30,960 Speaker 1: and eleven o'clock. I wouldn't be surprised by the end 130 00:07:31,000 --> 00:07:33,680 Speaker 1: of business today if Major League Baseball is not canceling 131 00:07:33,720 --> 00:07:36,280 Speaker 1: another set of series in the regular season. Some of 132 00:07:36,280 --> 00:07:40,080 Speaker 1: the issues that they are still far apart involves the 133 00:07:40,160 --> 00:07:46,000 Speaker 1: luxury tax and minimum salaries, and I I can't understand 134 00:07:46,000 --> 00:07:48,920 Speaker 1: why they can't get it together. Lindy. Yeah, you know, 135 00:07:48,960 --> 00:07:52,120 Speaker 1: if you're working at Walmart bag and groceries, at that 136 00:07:52,240 --> 00:07:54,720 Speaker 1: the public supermarket, you don't have any type of sympathy 137 00:07:54,760 --> 00:07:57,320 Speaker 1: for any of these people at all. And saying, look, mom, 138 00:07:57,400 --> 00:07:59,120 Speaker 1: showing up for work every day, I'd like to be 139 00:07:59,160 --> 00:08:01,640 Speaker 1: making more money. You're playing a game that I would 140 00:08:01,640 --> 00:08:03,960 Speaker 1: love to play, and I've played for nothing. I know 141 00:08:04,040 --> 00:08:07,520 Speaker 1: it's a business, and I respect both sides and part 142 00:08:07,600 --> 00:08:10,000 Speaker 1: of the labor negotiation as part of the American way. 143 00:08:10,040 --> 00:08:11,840 Speaker 1: It's been that way for a long long time. But 144 00:08:12,520 --> 00:08:15,760 Speaker 1: the optics are just not good right now. And there's 145 00:08:15,800 --> 00:08:20,640 Speaker 1: another serious story, and this happened in Mexico. Uh they're 146 00:08:20,680 --> 00:08:24,800 Speaker 1: considering whether to stop selling alcohol at soccer matches after 147 00:08:24,960 --> 00:08:29,280 Speaker 1: a huge fight over the weekend left over twenty people injured. 148 00:08:29,680 --> 00:08:35,400 Speaker 1: Some critically this was bad. Yeah. I when I saw 149 00:08:35,440 --> 00:08:39,640 Speaker 1: the footage of that, I'm like, what happened? What you know? 150 00:08:40,080 --> 00:08:43,440 Speaker 1: Did everybody get souced up? And this is what we've got, 151 00:08:43,520 --> 00:08:47,960 Speaker 1: Lynchy that the video was absolutely disturbing. You're absolutely right, Michael. 152 00:08:47,960 --> 00:08:50,600 Speaker 1: And the safest place for anybody to flee was on 153 00:08:50,640 --> 00:08:53,160 Speaker 1: the field, on the pitch where the players were because 154 00:08:53,160 --> 00:08:55,319 Speaker 1: this was going on in the stands. They were all 155 00:08:55,400 --> 00:08:59,000 Speaker 1: kinds of reports, some do because many of them unsubstantiated, 156 00:08:59,000 --> 00:09:01,240 Speaker 1: but they have some fatality he's listed in there. There 157 00:09:01,320 --> 00:09:03,760 Speaker 1: certainly are a number of wounded and very critically injured 158 00:09:03,800 --> 00:09:06,480 Speaker 1: people down there. Um, the next time they play a 159 00:09:06,760 --> 00:09:09,360 Speaker 1: soccer match down there, they're not only gonna be no alcohol, 160 00:09:09,360 --> 00:09:10,920 Speaker 1: there's not gonna be any fans because they're not gonna 161 00:09:10,960 --> 00:09:15,040 Speaker 1: sell any tickets. Yeah, by the way, they canceled. This 162 00:09:15,880 --> 00:09:23,400 Speaker 1: horrific fight happened on Saturday Sunday. UH Mexico UH canceled 163 00:09:23,600 --> 00:09:30,360 Speaker 1: the Mexico Federation, they canceled the Sunday games because like, 164 00:09:30,440 --> 00:09:32,840 Speaker 1: what are we gonna do here? So they're looking at 165 00:09:32,840 --> 00:09:38,080 Speaker 1: the protocols at soccer stadiums to prevent future incidents. But 166 00:09:38,320 --> 00:09:42,840 Speaker 1: this says something about it doesn't make a difference whether 167 00:09:42,840 --> 00:09:46,839 Speaker 1: it's Mexico, whether it's here in the United States. Anytime 168 00:09:47,200 --> 00:09:51,120 Speaker 1: you get two tanked up and you're at a sporting event, 169 00:09:52,360 --> 00:09:55,400 Speaker 1: nine times out of ten it doesn't end. Well, no, 170 00:09:55,559 --> 00:09:57,440 Speaker 1: it doesn't. And you know a lot of baltparks have 171 00:09:58,320 --> 00:10:01,640 Speaker 1: stadiums have times of the game at no alcohol after 172 00:10:01,679 --> 00:10:04,840 Speaker 1: the third quarter, no bear alcohol sold after the seventh inning. 173 00:10:05,040 --> 00:10:06,960 Speaker 1: I don't know what the policy is down here and 174 00:10:07,320 --> 00:10:10,920 Speaker 1: UH and I want to probably get the pronunciations cartreroraro 175 00:10:11,679 --> 00:10:14,520 Speaker 1: UH down in Mexico. But there's been a history of 176 00:10:14,640 --> 00:10:17,880 Speaker 1: violence at these these games in this league, going back 177 00:10:17,920 --> 00:10:19,360 Speaker 1: over the years, to go all the way back to 178 00:10:19,480 --> 00:10:22,960 Speaker 1: the year and there are at least three incidents in 179 00:10:23,000 --> 00:10:26,320 Speaker 1: which there was gigantic writing going on in the stands. 180 00:10:27,480 --> 00:10:31,360 Speaker 1: Well say a prayer, everybody, UM, I wish we had 181 00:10:31,440 --> 00:10:33,839 Speaker 1: something better than talk about do we have anything happy 182 00:10:33,880 --> 00:10:36,160 Speaker 1: to talk about? It's you know, well let's let's look 183 00:10:36,160 --> 00:10:39,520 Speaker 1: at it this way. Um hey, we got marg madness 184 00:10:39,520 --> 00:10:42,840 Speaker 1: coming coming up. And by the way, uh, duke, Uh, 185 00:10:43,120 --> 00:10:49,400 Speaker 1: it's a salute to you, coach Susevski, Huseevski Ville. I'm 186 00:10:49,679 --> 00:10:52,719 Speaker 1: you know, I'm sorry you lost the last game. Uh 187 00:10:52,960 --> 00:10:58,040 Speaker 1: you played North Carolina last home game. But Mike Susevski, 188 00:10:58,200 --> 00:11:02,200 Speaker 1: you are at it to the sport, and that's a 189 00:11:02,400 --> 00:11:06,079 Speaker 1: very big understatement. You're a good man and I had 190 00:11:06,080 --> 00:11:08,680 Speaker 1: the pleasure to meet you one time, and I have 191 00:11:08,840 --> 00:11:12,200 Speaker 1: nothing but a big salute to you, sir. So good 192 00:11:12,280 --> 00:11:14,080 Speaker 1: luck to you. It wasn't it wasn't that great when 193 00:11:14,120 --> 00:11:16,200 Speaker 1: about a hundred of his former players came and they 194 00:11:16,240 --> 00:11:18,920 Speaker 1: just formed a gauntlet when he walked out, and you know, 195 00:11:18,960 --> 00:11:20,839 Speaker 1: I'm sure Mike could have stopped at every single one 196 00:11:20,840 --> 00:11:22,600 Speaker 1: of them and just told the story about every one 197 00:11:22,600 --> 00:11:25,000 Speaker 1: of those players there. And that was a great, great scene. 198 00:11:25,000 --> 00:11:27,800 Speaker 1: It was a very emotional scene, and there was great 199 00:11:27,800 --> 00:11:29,920 Speaker 1: shots of his wife up in the stands bawling her 200 00:11:29,920 --> 00:11:32,480 Speaker 1: eyes out, and it was hard to uh, you know, 201 00:11:32,480 --> 00:11:34,520 Speaker 1: I got a little MISTI eyed myself watching it there. 202 00:11:34,520 --> 00:11:37,480 Speaker 1: That was something else. I remember they were I was 203 00:11:37,840 --> 00:11:41,480 Speaker 1: looking online, you know some of the stories about Sewski 204 00:11:42,200 --> 00:11:47,680 Speaker 1: and when he first came on the scene, I think 205 00:11:47,720 --> 00:11:52,920 Speaker 1: the headline was Mike Sevski. No, that's not a typo, 206 00:11:53,160 --> 00:11:56,640 Speaker 1: and they had his name down at the bottom, and 207 00:11:56,640 --> 00:12:00,640 Speaker 1: and I'm like, wow, okay, uh, but you know his 208 00:12:00,760 --> 00:12:05,240 Speaker 1: name now and you will never forget it. And it's 209 00:12:05,920 --> 00:12:08,600 Speaker 1: he's up there with Wooden and and all those guys. 210 00:12:09,440 --> 00:12:12,840 Speaker 1: I salute him. Good company, great company, and coach k 211 00:12:13,440 --> 00:12:15,719 Speaker 1: the best of all time. You've been listening to The 212 00:12:15,720 --> 00:12:20,240 Speaker 1: Bloomberg Business of Sports, and you can catch our podcast 213 00:12:20,320 --> 00:12:24,520 Speaker 1: of this show every Monday, Wednesday and Thursdays. I'm Michael Barr. 214 00:12:24,520 --> 00:12:26,319 Speaker 1: You can follow me on Twitter at Big Bar Sports. 215 00:12:26,480 --> 00:12:28,040 Speaker 1: And I'm Mike Lynch. You can follow me at Lynch 216 00:12:28,080 --> 00:12:31,520 Speaker 1: e W CDB. And by the way, if you want 217 00:12:31,559 --> 00:12:35,080 Speaker 1: to catch this on your podcast, you can download it 218 00:12:35,240 --> 00:12:37,960 Speaker 1: anywhere you want. You know why, because that's the way 219 00:12:38,040 --> 00:12:40,640 Speaker 1: we wrote. This is Bloomberg rating