1 00:00:00,720 --> 00:00:03,720 Speaker 1: Hello, I'm Scott So, I'm Evan Novie Williams, and I'm 2 00:00:03,760 --> 00:00:07,280 Speaker 1: Michael Barr. And this is the Bloomberg Business of Sports podcast, 3 00:00:07,360 --> 00:00:13,039 Speaker 1: where we no Evan again, why don't you pipate in 4 00:00:13,119 --> 00:00:15,159 Speaker 1: the world of sports? He doesn't even answer on the 5 00:00:15,200 --> 00:00:17,720 Speaker 1: why don't you participate? Come here? All right? That's okay, 6 00:00:17,960 --> 00:00:22,560 Speaker 1: close enough, alright, so let's begin with Tiger and Phil. Okay, 7 00:00:22,680 --> 00:00:26,159 Speaker 1: Phil one, did you watch it? It's got nothing to 8 00:00:26,239 --> 00:00:29,480 Speaker 1: do with Phil who won? Did you watch it? Well, 9 00:00:29,560 --> 00:00:32,320 Speaker 1: let's know, I was busy. I could not watch it 10 00:00:32,360 --> 00:00:34,280 Speaker 1: if I wanted to, you know, me and my my 11 00:00:34,400 --> 00:00:36,879 Speaker 1: time was all taken up by youth hockey. By the 12 00:00:36,920 --> 00:00:40,479 Speaker 1: way we were. We played the Providence Hockey Club this weekend, 13 00:00:40,880 --> 00:00:44,400 Speaker 1: two games on Saturday. There was a game before our 14 00:00:44,479 --> 00:00:47,720 Speaker 1: second game, older kids, fourteen years old. I believe, massive 15 00:00:47,840 --> 00:00:53,840 Speaker 1: parent brawl. Fourteen year old hockey huge. I think it 16 00:00:53,880 --> 00:00:58,160 Speaker 1: was fourteen, might even been younger. But father's rolling down bleachers, punching. 17 00:00:59,760 --> 00:01:01,400 Speaker 1: I want to get the tiger and fill into second. 18 00:01:01,400 --> 00:01:04,000 Speaker 1: But I want to talk more about this is becoming 19 00:01:04,000 --> 00:01:07,520 Speaker 1: a problem. Well, it's not becoming it is a problem. 20 00:01:07,840 --> 00:01:10,360 Speaker 1: I mean, what in the come on by the way 21 00:01:10,480 --> 00:01:13,760 Speaker 1: that someone doesn't like when I say but, which was 22 00:01:13,800 --> 00:01:16,120 Speaker 1: funny because they put when you please tell Michael bar 23 00:01:16,280 --> 00:01:18,880 Speaker 1: to stop saying. What in the Sam Cook it's going on. 24 00:01:20,600 --> 00:01:22,280 Speaker 1: I've been talking about it a lot during the year, 25 00:01:22,360 --> 00:01:27,880 Speaker 1: like just everything about parents crazy and just the involvement, 26 00:01:28,360 --> 00:01:34,080 Speaker 1: the yelling, the go play more, practice more, and then 27 00:01:34,200 --> 00:01:36,280 Speaker 1: I guess the logical next step. And we hadn't seen 28 00:01:36,319 --> 00:01:39,400 Speaker 1: this this year. We've seen some angry people, but full 29 00:01:39,400 --> 00:01:45,759 Speaker 1: out brawl with you know, kids scurrying and father's rolling 30 00:01:45,800 --> 00:01:49,400 Speaker 1: down the thing, punches being thrown. Game canceled. Kudos to 31 00:01:49,400 --> 00:01:51,320 Speaker 1: the referees by the just two referees on the ice 32 00:01:51,720 --> 00:01:53,480 Speaker 1: canceled the game, Get the kids off the ice, say 33 00:01:53,520 --> 00:01:55,720 Speaker 1: you're done. You know, that's it. Then you worry about 34 00:01:55,720 --> 00:01:57,200 Speaker 1: what happens in the parking lot. That's what we were 35 00:01:57,240 --> 00:01:59,240 Speaker 1: all saying. What's not what's going to happen out there 36 00:01:59,440 --> 00:02:01,520 Speaker 1: when the kids come out of the locker room and 37 00:02:01,560 --> 00:02:05,840 Speaker 1: then the same parents are outside with seemingly nobody to well. 38 00:02:05,880 --> 00:02:09,079 Speaker 1: I'm assuming that some people got arrested. I didn't see 39 00:02:09,080 --> 00:02:11,920 Speaker 1: any place. I didn't go outside. I'm assuming they called 40 00:02:11,919 --> 00:02:13,800 Speaker 1: the police, but I have no idea like we stayed 41 00:02:13,840 --> 00:02:18,200 Speaker 1: inside and whatever happened out there happened. So happy Thanksgiving, 42 00:02:18,400 --> 00:02:21,000 Speaker 1: yeah exactly, but for Tiger and Tiger and fell back 43 00:02:21,040 --> 00:02:23,799 Speaker 1: to that this was, in essence sort of a technology 44 00:02:23,840 --> 00:02:26,040 Speaker 1: experiment that happened to be wrapped around a sporting event. 45 00:02:26,080 --> 00:02:28,520 Speaker 1: Let's call it for what it was. This was about 46 00:02:28,760 --> 00:02:30,760 Speaker 1: how can we deliver this product in a pay per 47 00:02:30,840 --> 00:02:35,200 Speaker 1: view and the problem was people couldn't see it, people 48 00:02:35,200 --> 00:02:39,359 Speaker 1: couldn't pay. Well, well, more than that is that some 49 00:02:39,400 --> 00:02:44,200 Speaker 1: people couldn't pay, some people paid, and some people saw 50 00:02:44,240 --> 00:02:48,200 Speaker 1: the thing for free. Yeah. Yeah, So the the issue 51 00:02:48,240 --> 00:02:52,200 Speaker 1: happened on on Turner's end with br Live, the process 52 00:02:52,200 --> 00:02:54,560 Speaker 1: by which you paid and then got access to the 53 00:02:54,600 --> 00:02:58,120 Speaker 1: stream broke down. So if you ordered this thing on 54 00:02:58,680 --> 00:03:01,160 Speaker 1: various cable networks including A T and T, S, Direct TV, 55 00:03:01,240 --> 00:03:03,880 Speaker 1: and you Verse, you had no problems. The issue was 56 00:03:03,919 --> 00:03:06,200 Speaker 1: if you bought it on the digital streaming side, you 57 00:03:06,280 --> 00:03:09,160 Speaker 1: had problems accessing it. And and because they knew that 58 00:03:09,240 --> 00:03:11,760 Speaker 1: was happening, as it was explained to me, the decision 59 00:03:11,800 --> 00:03:16,720 Speaker 1: within Turner was, listen, we either don't deliver the thing 60 00:03:16,840 --> 00:03:18,800 Speaker 1: to a number of people who bought this for streaming, 61 00:03:18,880 --> 00:03:20,519 Speaker 1: or we make it free to make sure that everyone 62 00:03:20,520 --> 00:03:23,120 Speaker 1: who paid for it can see it, and we deal 63 00:03:23,200 --> 00:03:25,560 Speaker 1: with the aftermath of people who didn't pay for it 64 00:03:25,600 --> 00:03:27,720 Speaker 1: being able to see it in the future. Um. And 65 00:03:27,760 --> 00:03:29,960 Speaker 1: that's what they're dealing with now. Look, they a number 66 00:03:30,000 --> 00:03:33,080 Speaker 1: of cable providers came out before Turner and said they 67 00:03:33,080 --> 00:03:36,080 Speaker 1: were refunding it. That put pressure on Turner. Turner eventually 68 00:03:36,080 --> 00:03:38,000 Speaker 1: did say that they would refund the twenty dollars that 69 00:03:38,040 --> 00:03:40,720 Speaker 1: anyone spent, which makes sense. It seems to me the 70 00:03:40,760 --> 00:03:43,760 Speaker 1: only kind of decision to make. UM. But it's a 71 00:03:44,000 --> 00:03:47,800 Speaker 1: it's a bummer, obviously, but the the the on. From 72 00:03:47,800 --> 00:03:50,880 Speaker 1: what I watched of it, I thought the broadcast was fantastic. 73 00:03:50,920 --> 00:03:54,360 Speaker 1: It was really interesting. You can see a potential future 74 00:03:54,440 --> 00:03:57,720 Speaker 1: of broadcast in that. And if you're a golf fan, Um, 75 00:03:57,760 --> 00:04:00,040 Speaker 1: as much as you made poo poo, the way the 76 00:04:00,120 --> 00:04:03,720 Speaker 1: thing was set up getting to four extra holes, these 77 00:04:03,720 --> 00:04:07,480 Speaker 1: guys tied after eighteen, you know, playoff the I think 78 00:04:07,520 --> 00:04:09,840 Speaker 1: it played out exactly the way Turner would have wanted 79 00:04:09,840 --> 00:04:12,040 Speaker 1: it to, minus the big problem the young guy in 80 00:04:12,080 --> 00:04:14,320 Speaker 1: the group poo poo. That's something like my my mother 81 00:04:14,320 --> 00:04:15,960 Speaker 1: would have said, the well the word I would have 82 00:04:16,040 --> 00:04:23,960 Speaker 1: used I can't say Sam. I my friend of mine 83 00:04:24,000 --> 00:04:26,640 Speaker 1: who was an avid golfer, I mean very good and 84 00:04:26,760 --> 00:04:29,120 Speaker 1: grew up with the guy. I mean, he couldn't wait 85 00:04:29,160 --> 00:04:33,640 Speaker 1: to see this now he's an avid golfer. Is not 86 00:04:33,720 --> 00:04:36,640 Speaker 1: about that, but this is not about that. This is 87 00:04:36,720 --> 00:04:42,279 Speaker 1: about the technology and the delivery. Amazon had problem showing 88 00:04:42,560 --> 00:04:46,200 Speaker 1: a European event. They got slamed for it. Uh. This 89 00:04:46,279 --> 00:04:49,919 Speaker 1: is is about not only the technology to show how 90 00:04:50,000 --> 00:04:52,680 Speaker 1: many concurrent streams you can do and draw people to 91 00:04:52,720 --> 00:04:57,120 Speaker 1: an event like this, but it's also about what did 92 00:04:57,120 --> 00:05:02,560 Speaker 1: the broadcast look like, what the audio that was being utilized, 93 00:05:02,600 --> 00:05:05,839 Speaker 1: having the players talk to each other, the updated betting 94 00:05:05,920 --> 00:05:11,200 Speaker 1: odds with each stroke on the screen. That's what this 95 00:05:11,200 --> 00:05:16,120 Speaker 1: This was one big beaker to see what the experiment 96 00:05:16,160 --> 00:05:18,440 Speaker 1: would look like. You know, the technology is going to 97 00:05:18,520 --> 00:05:20,719 Speaker 1: get better. You would hope for them, you know, obviously 98 00:05:20,720 --> 00:05:22,160 Speaker 1: Turner and the t T they they would hope that 99 00:05:22,200 --> 00:05:24,720 Speaker 1: it would have been gone, it would have gone perfectly. 100 00:05:24,800 --> 00:05:27,760 Speaker 1: But that sometimes doesn't happen. And maybe right now the 101 00:05:27,800 --> 00:05:31,880 Speaker 1: winner is the linear TV saying see you're not there yet, folks. 102 00:05:32,120 --> 00:05:34,240 Speaker 1: I know you're working, but you're not there yet, and 103 00:05:34,279 --> 00:05:37,800 Speaker 1: you still need us for for at least the foreseeable future. Yeah, 104 00:05:37,839 --> 00:05:40,440 Speaker 1: to at least talk about the the on the outside 105 00:05:40,440 --> 00:05:43,599 Speaker 1: of the technical issues the broadcast itself. I see people 106 00:05:43,600 --> 00:05:45,440 Speaker 1: This botherish me so much. I see people out there 107 00:05:45,480 --> 00:05:47,920 Speaker 1: saying that, like, if this is the future of sports broadcast, 108 00:05:48,000 --> 00:05:50,120 Speaker 1: I don't want to. I don't want to. The future 109 00:05:50,160 --> 00:05:52,760 Speaker 1: of sports broadcast is many different streams. It will be 110 00:05:52,760 --> 00:05:56,080 Speaker 1: what you want, ye if you were if you just 111 00:05:56,080 --> 00:05:59,479 Speaker 1: want a standard broadcast that is kind of milk toast 112 00:05:59,520 --> 00:06:01,800 Speaker 1: and maybe you'll little informative, you can you will have 113 00:06:01,839 --> 00:06:04,560 Speaker 1: that option in the sports broadcast in the future. If 114 00:06:04,600 --> 00:06:07,279 Speaker 1: you want the drone footage and the gambling odds, you 115 00:06:07,279 --> 00:06:09,000 Speaker 1: will have that option. If you want the xs and 116 00:06:09,000 --> 00:06:11,400 Speaker 1: os and the the guy who played football for forty 117 00:06:11,480 --> 00:06:13,680 Speaker 1: years and breaks down exactly what a bubble screen is, 118 00:06:14,040 --> 00:06:16,560 Speaker 1: you will have that option. Williams live screen of what 119 00:06:16,640 --> 00:06:19,160 Speaker 1: you're watching, you will have that option. That will not 120 00:06:19,160 --> 00:06:23,760 Speaker 1: be an option. But this is the first, to my 121 00:06:23,880 --> 00:06:26,440 Speaker 1: knowledge at least certainly the first sports broadcast that has 122 00:06:26,600 --> 00:06:29,839 Speaker 1: at least showcased what that other option, the gambling heavy, 123 00:06:30,240 --> 00:06:34,320 Speaker 1: drone heavy, access heavy broadcast in a shrinking circle bar, 124 00:06:34,680 --> 00:06:38,159 Speaker 1: You've got what you had was broadcasting. Now you don't 125 00:06:38,160 --> 00:06:41,440 Speaker 1: have broadcasting anymore. You've got narrowcasting. If you want darts, 126 00:06:41,440 --> 00:06:43,960 Speaker 1: you get darts. If you want NHL Network, you get that. 127 00:06:44,080 --> 00:06:47,760 Speaker 1: You got that. And it's going to continue to be personalized. 128 00:06:47,920 --> 00:06:53,160 Speaker 1: If you want golf with gambling with drone, as Edmond says, 129 00:06:53,720 --> 00:06:56,880 Speaker 1: that'll be on the menu, you can watch it that way. 130 00:06:57,200 --> 00:07:00,280 Speaker 1: You will pick how you consume one of the thing 131 00:07:00,320 --> 00:07:03,400 Speaker 1: real quick. The the the idea, I like the idea 132 00:07:03,440 --> 00:07:05,640 Speaker 1: of the broadcast a lot. Tiger and phill are not 133 00:07:05,680 --> 00:07:08,359 Speaker 1: the right people to do this broadcast with, right, Like 134 00:07:08,400 --> 00:07:10,960 Speaker 1: I imagine instead of a golf event between these two 135 00:07:11,000 --> 00:07:14,320 Speaker 1: guys who you know, especially Tiger, not the most charismatic 136 00:07:14,680 --> 00:07:17,880 Speaker 1: guy out there, imagine this this broadcast with a Connor 137 00:07:17,960 --> 00:07:20,840 Speaker 1: McGregor fight right where he's miked up at all times. 138 00:07:21,160 --> 00:07:23,200 Speaker 1: You have the odds that the streaming odds is they're 139 00:07:23,200 --> 00:07:25,760 Speaker 1: gonna be a knockout. Well, you know, him talking, you know, 140 00:07:25,880 --> 00:07:29,640 Speaker 1: talking his smack to the guy across the mat from him. Uh. 141 00:07:29,800 --> 00:07:32,560 Speaker 1: This is a format that I think can be wildly successful. 142 00:07:32,880 --> 00:07:34,640 Speaker 1: I do. I'm not sure if golf is the sport, 143 00:07:34,680 --> 00:07:36,840 Speaker 1: and I'm certainly not sold that Tiger and phill are 144 00:07:36,840 --> 00:07:38,680 Speaker 1: the guys to do it. We'll keep in mind too 145 00:07:38,760 --> 00:07:41,960 Speaker 1: that this broadcast. You mentioned about the broadcast and and 146 00:07:42,040 --> 00:07:45,920 Speaker 1: how polished it was. This goes back to almost twenty 147 00:07:46,040 --> 00:07:48,600 Speaker 1: years ago where they started the old Monday night golf. 148 00:07:49,320 --> 00:07:51,840 Speaker 1: Well you had match play I think it ran from 149 00:07:53,440 --> 00:07:57,600 Speaker 1: two thousand and six, but you had this, and the 150 00:07:57,640 --> 00:08:01,280 Speaker 1: producers of this match that just happened said, we watched 151 00:08:01,320 --> 00:08:04,080 Speaker 1: a lot of that to see when get the field 152 00:08:04,120 --> 00:08:06,320 Speaker 1: to get it right. So look at bar marketing back 153 00:08:06,360 --> 00:08:12,920 Speaker 1: to the days of Battle of the Network Stars. Hey, 154 00:08:13,200 --> 00:08:17,240 Speaker 1: National Lacrosse League, they have a brand new contract. Now 155 00:08:17,280 --> 00:08:19,160 Speaker 1: you think that would be a good news, right Bar. 156 00:08:19,440 --> 00:08:22,680 Speaker 1: That's why I didn't say good news. Well, yeah, you 157 00:08:22,880 --> 00:08:25,960 Speaker 1: think that a new labor contract, that the start of 158 00:08:26,000 --> 00:08:29,000 Speaker 1: the season had been delayed, you would think that would 159 00:08:29,040 --> 00:08:33,680 Speaker 1: be great news. However, some months I'm speaking to tell 160 00:08:33,720 --> 00:08:36,079 Speaker 1: me that this isn't the greatest thing for the sport, 161 00:08:36,360 --> 00:08:39,000 Speaker 1: at least from the ownership perspective. That they needed to 162 00:08:39,040 --> 00:08:40,680 Speaker 1: get it done, they needed to get the guys in 163 00:08:40,720 --> 00:08:44,400 Speaker 1: and playing, But the devil's in the details, and for 164 00:08:44,480 --> 00:08:48,560 Speaker 1: the long term health and growth of a sport, you 165 00:08:48,640 --> 00:08:52,920 Speaker 1: can't take that rocket trajectory, and this remains to be 166 00:08:53,000 --> 00:08:56,640 Speaker 1: seen as to where is lacrosse going. We we've talked 167 00:08:56,640 --> 00:08:58,920 Speaker 1: a lot about We had Paul rabel on you've got 168 00:08:58,960 --> 00:09:01,880 Speaker 1: the Premier Lacrosse League, you've got MLLL. Now this with 169 00:09:01,920 --> 00:09:06,360 Speaker 1: the NLL, but pressure on ownership and the ability to 170 00:09:06,400 --> 00:09:08,560 Speaker 1: generate revenue and how much goes to the players. I 171 00:09:08,559 --> 00:09:12,160 Speaker 1: know they're the product, but you're hearing now also, and 172 00:09:12,200 --> 00:09:13,960 Speaker 1: we were going to talk about this one day coming 173 00:09:14,040 --> 00:09:16,680 Speaker 1: up on the pod to the w NBA. Players are 174 00:09:16,679 --> 00:09:19,560 Speaker 1: saying we want a bigger cut of the pie, and 175 00:09:19,720 --> 00:09:22,920 Speaker 1: the league is saying, Okay, we'd love to deal with 176 00:09:22,960 --> 00:09:24,319 Speaker 1: this and see what we can do, but there are 177 00:09:24,360 --> 00:09:27,320 Speaker 1: realities and how much revenue is generated, so we'll deal 178 00:09:27,400 --> 00:09:29,920 Speaker 1: with that in too. But you're starting to see a 179 00:09:30,080 --> 00:09:32,640 Speaker 1: lot of pressure. And this is not from the NFL 180 00:09:32,679 --> 00:09:34,400 Speaker 1: and MLB, where we know there's tons of money and 181 00:09:34,400 --> 00:09:36,160 Speaker 1: how they're going to share it and and the teams 182 00:09:36,160 --> 00:09:40,600 Speaker 1: are profitable. You're starting to see this pressure from the 183 00:09:40,720 --> 00:09:45,040 Speaker 1: niche sports of labor saying we want a bigger cut 184 00:09:45,040 --> 00:09:48,640 Speaker 1: of the pie, we want more, and management saying, folks, 185 00:09:49,160 --> 00:09:52,920 Speaker 1: the money is just not there. So let's see long term, 186 00:09:52,920 --> 00:09:56,320 Speaker 1: three five, seven years. If this new deal YEA, everybody's back, 187 00:09:56,320 --> 00:09:58,120 Speaker 1: They're gonna play if it turns out to be a 188 00:09:58,120 --> 00:10:00,680 Speaker 1: good deal. It's interesting to me the kind of the 189 00:10:00,720 --> 00:10:04,240 Speaker 1: traditional feeling I always have for for labor records, and 190 00:10:04,240 --> 00:10:06,160 Speaker 1: we've seen a play out certainly in the bigger leagues, 191 00:10:06,559 --> 00:10:08,080 Speaker 1: is that if you get to a point where games 192 00:10:08,080 --> 00:10:11,400 Speaker 1: are being canceled, that seems to you know, essentially put 193 00:10:11,400 --> 00:10:14,800 Speaker 1: more stress on players than it does ownership. Right, Um, 194 00:10:15,040 --> 00:10:17,959 Speaker 1: players usually need the check exactly. Uh, this seems like 195 00:10:18,040 --> 00:10:21,439 Speaker 1: a situation where again for the NLL, the Indoor Lacrosse League, 196 00:10:21,720 --> 00:10:23,760 Speaker 1: they were getting close to the point where this labor 197 00:10:23,760 --> 00:10:26,079 Speaker 1: accord was going to end up canceling games. Right, we're 198 00:10:26,080 --> 00:10:29,760 Speaker 1: gonna and already pushed back the start of the season. Um. 199 00:10:29,800 --> 00:10:32,400 Speaker 1: It's interesting to hear management say that this also they 200 00:10:32,440 --> 00:10:34,880 Speaker 1: felt the time crunch on this as well, that it's 201 00:10:34,920 --> 00:10:38,400 Speaker 1: not just players who who usually are the ones that 202 00:10:37,840 --> 00:10:40,319 Speaker 1: that have more pressure on them. And these are three 203 00:10:40,320 --> 00:10:43,400 Speaker 1: billion dollar franchises. This is not the NFL. And what 204 00:10:43,480 --> 00:10:46,920 Speaker 1: an interesting time from a business standpoint for lacrosse as 205 00:10:46,960 --> 00:10:49,520 Speaker 1: a sport in general. Right there, there there's two major 206 00:10:49,600 --> 00:10:52,520 Speaker 1: leagues operating right now. You know, MLLL, the outdoor one, 207 00:10:52,559 --> 00:10:55,040 Speaker 1: which is revamping a lot of what it's doing right 208 00:10:55,080 --> 00:10:57,440 Speaker 1: now from a business standpoint, the n LL which just 209 00:10:57,480 --> 00:10:59,280 Speaker 1: went through this, the indoor league just went through this 210 00:10:59,280 --> 00:11:01,120 Speaker 1: big labor of cord. And then on top of that, 211 00:11:01,200 --> 00:11:03,280 Speaker 1: you have Paul Rabel, a guest of the Pod from 212 00:11:03,280 --> 00:11:05,840 Speaker 1: a few weeks ago, who's starting his own thing which 213 00:11:05,840 --> 00:11:08,600 Speaker 1: has a totally different business model. And we can argue 214 00:11:08,600 --> 00:11:11,680 Speaker 1: that the benefits or the potential pitfalls of that um, 215 00:11:11,720 --> 00:11:16,400 Speaker 1: but three very separately is going doing very different things. Yeah, 216 00:11:16,440 --> 00:11:18,760 Speaker 1: and and in my opinion, and I don't know if 217 00:11:18,760 --> 00:11:21,160 Speaker 1: you guys disagree, but I'm not sure if lacrosse is 218 00:11:21,160 --> 00:11:24,920 Speaker 1: a sport popular enough for three major standalone leaks. You know, 219 00:11:25,280 --> 00:11:27,560 Speaker 1: it feels more like a zero sum game to me 220 00:11:27,559 --> 00:11:32,600 Speaker 1: than other sports. Onto the next topic. God speed, Bob McNair. 221 00:11:32,679 --> 00:11:35,920 Speaker 1: We just lost Paul Aland not too long ago, and 222 00:11:36,440 --> 00:11:41,640 Speaker 1: exactly now Bob McNair, owner of the Houston Texans. And 223 00:11:41,720 --> 00:11:45,160 Speaker 1: the irony is they play tonight. Yeah, Well, you're what 224 00:11:45,200 --> 00:11:48,439 Speaker 1: you're seeing is the old guard, you know, you're seeing 225 00:11:48,480 --> 00:11:52,000 Speaker 1: this passing of the torch, so to speak to a 226 00:11:52,160 --> 00:11:56,839 Speaker 1: new generation of owners, and you wonder what the internal 227 00:11:56,840 --> 00:12:01,080 Speaker 1: mechanism is going to be here for the new guys 228 00:12:01,120 --> 00:12:04,200 Speaker 1: to step in and and change the league. Because if 229 00:12:04,240 --> 00:12:08,480 Speaker 1: you're coming in at two point three two point five 230 00:12:08,520 --> 00:12:13,559 Speaker 1: billion dollars, you have a different mindset than somebody who 231 00:12:13,600 --> 00:12:16,160 Speaker 1: has no debt on the franchise. Even if you pay cash, 232 00:12:17,080 --> 00:12:19,600 Speaker 1: you're still coming in with a different mindset than somebody 233 00:12:19,600 --> 00:12:21,480 Speaker 1: who had the team for a lot of years and 234 00:12:21,480 --> 00:12:24,520 Speaker 1: didn't pay anywhere near that. It's just a different ball game, 235 00:12:24,600 --> 00:12:28,040 Speaker 1: and they're they're going to have some some interesting conversations 236 00:12:28,480 --> 00:12:31,480 Speaker 1: with the new blood, the new breed of NFL owner. Yeah, 237 00:12:31,480 --> 00:12:33,920 Speaker 1: and I think we've seen certainly with with a lot 238 00:12:33,960 --> 00:12:37,000 Speaker 1: of sales recently in in in in NBA and also 239 00:12:37,040 --> 00:12:39,040 Speaker 1: the few that have happened in the NFL. You know, 240 00:12:39,240 --> 00:12:43,560 Speaker 1: we end up getting a different type of billionaire that 241 00:12:43,679 --> 00:12:46,480 Speaker 1: is buying sports teams now than the type of billionaire 242 00:12:46,559 --> 00:12:49,719 Speaker 1: that inherited or bought you know, NFL teams at a 243 00:12:49,800 --> 00:12:54,600 Speaker 1: much smaller evaluation ten years ago. Um. And it does 244 00:12:54,679 --> 00:12:57,600 Speaker 1: make you a part of the argument for why the NBA, 245 00:12:57,720 --> 00:13:00,400 Speaker 1: I think has become a lot more progres saive. I 246 00:13:00,440 --> 00:13:03,240 Speaker 1: think is because of the people that Adam silversees when 247 00:13:03,240 --> 00:13:06,640 Speaker 1: he looks across the table at at his owners um 248 00:13:06,679 --> 00:13:08,560 Speaker 1: And it does make you wonder if if we get 249 00:13:08,600 --> 00:13:10,040 Speaker 1: a changing of the guard. And I'm not sure you 250 00:13:10,040 --> 00:13:12,120 Speaker 1: can speak to the Scott what what we think the 251 00:13:12,160 --> 00:13:15,200 Speaker 1: future of the Texans are from an ownership standpoint, But 252 00:13:15,240 --> 00:13:18,280 Speaker 1: if there does seem to be more David Tepper type 253 00:13:18,280 --> 00:13:21,319 Speaker 1: people buying into the NFL, if that may change kind 254 00:13:21,320 --> 00:13:23,439 Speaker 1: of the direction of the league moving forward, you think 255 00:13:23,440 --> 00:13:25,520 Speaker 1: it would. And we don't even know what will happen 256 00:13:25,559 --> 00:13:27,240 Speaker 1: with the Texans, And we still don't know what will 257 00:13:27,240 --> 00:13:29,360 Speaker 1: happen with the Seahawks and the Blazers after the death 258 00:13:29,360 --> 00:13:32,520 Speaker 1: of Paul Allen. We know that the trust is controlled 259 00:13:32,520 --> 00:13:34,360 Speaker 1: by Paul Allen's sister, but they haven't said we're coming 260 00:13:34,400 --> 00:13:37,319 Speaker 1: out and selling the team. Oftentimes, due to a state planning, 261 00:13:37,360 --> 00:13:40,840 Speaker 1: due to taxation, oftentimes the franchises wind up being sold. 262 00:13:41,480 --> 00:13:45,200 Speaker 1: But it's still an owner who has been there and 263 00:13:45,280 --> 00:13:48,800 Speaker 1: paid less and has operated for a certain way for 264 00:13:48,880 --> 00:13:52,800 Speaker 1: a long time. And it does change when you bring in, 265 00:13:52,880 --> 00:13:56,160 Speaker 1: as as Evans said, sort of the the younger, different 266 00:13:56,200 --> 00:13:59,640 Speaker 1: breed of owner. That's the kind of person that's probably 267 00:14:00,400 --> 00:14:03,679 Speaker 1: probably going to come in to the NFL. And you 268 00:14:03,720 --> 00:14:06,360 Speaker 1: can bet Roger Goodell and the others as Adam Silver 269 00:14:06,440 --> 00:14:10,120 Speaker 1: does too. They pre vet buyers. There's like a runway 270 00:14:10,160 --> 00:14:13,560 Speaker 1: of would be buyers, and they have made themselves known 271 00:14:13,920 --> 00:14:16,600 Speaker 1: to the NFL and to the NBA quite some time ago. 272 00:14:17,200 --> 00:14:19,800 Speaker 1: So when these do things, these things, these assets hit 273 00:14:19,840 --> 00:14:23,000 Speaker 1: the market, it's not a surprise that who's knocking on 274 00:14:23,040 --> 00:14:25,200 Speaker 1: the front door saying I'm interested. And to talk more 275 00:14:25,240 --> 00:14:29,600 Speaker 1: specifically about McNair himself, he was a very influential owner. 276 00:14:29,760 --> 00:14:31,400 Speaker 1: I mean, of of these thirty two guys, he was 277 00:14:31,440 --> 00:14:34,120 Speaker 1: on the high end of people who have affected this league. 278 00:14:34,120 --> 00:14:36,680 Speaker 1: And and and it's a you know, as a fairly controversial, 279 00:14:37,640 --> 00:14:40,120 Speaker 1: controversial legacy, I think, I mean its certainly he was 280 00:14:40,160 --> 00:14:43,680 Speaker 1: influential in you know, changing the stadium lending policies, the 281 00:14:43,720 --> 00:14:47,560 Speaker 1: G three policy which is now the G four policy. Um, certainly, 282 00:14:47,600 --> 00:14:49,960 Speaker 1: I think his legacy took us a stain last year 283 00:14:50,000 --> 00:14:51,720 Speaker 1: when when he was the owner that you know, was 284 00:14:51,800 --> 00:14:54,160 Speaker 1: quoted in in that owner's meaning is saying we can't 285 00:14:54,200 --> 00:14:57,080 Speaker 1: let the inmates run the prison, which I believe he 286 00:14:57,120 --> 00:15:01,600 Speaker 1: apologized for and then retracted the apology for he stood 287 00:15:01,680 --> 00:15:03,800 Speaker 1: up for Jerry Richardson a couple a couple of months 288 00:15:03,840 --> 00:15:06,000 Speaker 1: ago when when Jerry Richardson was going through his own 289 00:15:06,320 --> 00:15:08,880 Speaker 1: kind of public problems. Another transition, by the way, I 290 00:15:08,920 --> 00:15:12,240 Speaker 1: mean he was sort of another transition. Um. But yes, 291 00:15:12,320 --> 00:15:14,760 Speaker 1: this will obviously affect the league just in that not 292 00:15:14,800 --> 00:15:17,920 Speaker 1: having Bob McNair there, Um, a man who was, you know, 293 00:15:17,960 --> 00:15:23,000 Speaker 1: influential in shaping the league's business policies. God's McNair who 294 00:15:23,040 --> 00:15:26,400 Speaker 1: passed away. By the way, he was battling leukemia and 295 00:15:26,880 --> 00:15:30,400 Speaker 1: unfortunately he lost his battle. So good luck and God speak. 296 00:15:30,680 --> 00:15:34,040 Speaker 1: This is the Bloomberg Business of Sports podcast Michael barn 297 00:15:34,120 --> 00:15:37,120 Speaker 1: along with Scott Sashnik and Evan Obi Williams. We are 298 00:15:37,160 --> 00:15:40,160 Speaker 1: here every Monday, Wednesday and Thursday exploring the world of 299 00:15:40,160 --> 00:15:42,040 Speaker 1: money in sports. Join us again at the end of 300 00:15:42,040 --> 00:15:44,480 Speaker 1: the week when we speak with former Pro Bowl running 301 00:15:44,480 --> 00:15:48,880 Speaker 1: back Robert Smith. Really we didn't tell you Robert Smith 302 00:15:48,920 --> 00:15:53,600 Speaker 1: was coming in tomorrow. Oh man, that's the Ohio state. Yes, 303 00:15:53,840 --> 00:16:00,880 Speaker 1: how close is Minnesota, Minneapolis to Detroit vision level here, 304 00:16:01,200 --> 00:16:05,200 Speaker 1: Yes it is, but still it's man, it's anyway, that's cool. 305 00:16:05,360 --> 00:16:07,200 Speaker 1: We should we should stop telling bar who the guest 306 00:16:07,240 --> 00:16:13,800 Speaker 1: is until you're listening to the Bloomberg Business of Sports 307 00:16:13,800 --> 00:16:18,160 Speaker 1: on Bloomberg Radio around the world and online and where 308 00:16:18,160 --> 00:16:19,120 Speaker 1: our podcast is