1 00:00:02,600 --> 00:00:05,360 Speaker 1: Hello, I'm Van and Nobie Williams and I'm Scott Sashnik. 2 00:00:05,440 --> 00:00:08,080 Speaker 1: On this weekly podcast, we explore the big money issues 3 00:00:08,080 --> 00:00:09,680 Speaker 1: in the world of sports and talk to some of 4 00:00:09,680 --> 00:00:12,440 Speaker 1: the biggest players in the industry. Michael Barr is off. 5 00:00:12,560 --> 00:00:15,720 Speaker 1: On this podcast, we speak with Seattle Seahawks cornerback Richard Sherman. 6 00:00:15,760 --> 00:00:17,759 Speaker 1: But first let's look at the top stories of the week. 7 00:00:18,160 --> 00:00:21,040 Speaker 1: A rough week for Jerry Jones, the owner of the 8 00:00:21,120 --> 00:00:24,400 Speaker 1: Dallas Cowboys, find two million dollars by the NFL for 9 00:00:24,520 --> 00:00:27,720 Speaker 1: his very public feud with Roger Goodell last year. And 10 00:00:27,720 --> 00:00:30,400 Speaker 1: there's also some pizza news in there as well. Yeah, well, 11 00:00:30,480 --> 00:00:33,320 Speaker 1: Papa John's is out as the official NFL sponsor and 12 00:00:33,400 --> 00:00:37,440 Speaker 1: Jerry has what ninety some odd franchises, right, I mean, 13 00:00:37,600 --> 00:00:40,040 Speaker 1: let's not cry for Jerry Jones. I think he's gonna 14 00:00:40,040 --> 00:00:43,000 Speaker 1: be okay, a few more tours of the stadium at 15 00:00:43,120 --> 00:00:45,920 Speaker 1: fifty sixty bucks a pop, he'll be just fine. But 16 00:00:46,360 --> 00:00:49,040 Speaker 1: the fact that this keeps going on and on and 17 00:00:49,560 --> 00:00:51,520 Speaker 1: for a couple of million bucks, and by the way, 18 00:00:51,680 --> 00:00:54,920 Speaker 1: that's pretty high for the legal fees for what happened. 19 00:00:55,600 --> 00:00:58,280 Speaker 1: But well, then the NFL just wants us to go away. 20 00:00:58,800 --> 00:01:01,360 Speaker 1: Can't they work something out behind the scenes, so they 21 00:01:01,360 --> 00:01:04,160 Speaker 1: have to go after publicly that we're gonna find Jerry 22 00:01:04,200 --> 00:01:06,640 Speaker 1: Jones or try to recoup the legal fees from our 23 00:01:06,640 --> 00:01:09,240 Speaker 1: fight with Jerry Jones against the commissioner. Just let this 24 00:01:09,360 --> 00:01:13,399 Speaker 1: go away and focus on football. It's funny. There's been 25 00:01:13,440 --> 00:01:17,440 Speaker 1: so much discussion about Roger Goodell's disciplinary power over players. 26 00:01:17,680 --> 00:01:20,720 Speaker 1: Now he's wielding that over an owner. It does seem 27 00:01:20,760 --> 00:01:23,120 Speaker 1: as though he the fights he's been picking, or the 28 00:01:23,120 --> 00:01:25,520 Speaker 1: fights that have been picked against him, certainly in the 29 00:01:25,560 --> 00:01:27,600 Speaker 1: past couple of years have come from the biggest and 30 00:01:27,640 --> 00:01:30,640 Speaker 1: most powerful owners in the game. Jerry Jones is certainly 31 00:01:30,640 --> 00:01:34,199 Speaker 1: one of those. Bob Kraft, the owner of the Patriots, 32 00:01:34,240 --> 00:01:37,520 Speaker 1: and Roger Goodell, have publicly feuded over over a number 33 00:01:37,520 --> 00:01:39,880 Speaker 1: of things as well. At some point, this this is 34 00:01:39,920 --> 00:01:41,520 Speaker 1: going to catch up to Roger, right, I mean, he 35 00:01:41,560 --> 00:01:45,520 Speaker 1: can't keep angering finding publicly feuding with with the most 36 00:01:45,560 --> 00:01:48,160 Speaker 1: powerful guys in his stable. Well, he's got his new 37 00:01:48,200 --> 00:01:50,480 Speaker 1: deal and he says it will be his last, so 38 00:01:50,920 --> 00:01:54,080 Speaker 1: he's going to get paid and he is the commissioner. Yeah, 39 00:01:54,080 --> 00:01:57,480 Speaker 1: but if there's something, if there's a bold here, Roger 40 00:01:57,640 --> 00:02:02,080 Speaker 1: doesn't make this move on less he is supported by 41 00:02:02,120 --> 00:02:05,720 Speaker 1: a majority of the other owners. This is the other 42 00:02:05,960 --> 00:02:10,960 Speaker 1: owners telling Roger, we got your back. We don't like 43 00:02:11,080 --> 00:02:14,920 Speaker 1: that he threatened legal action against us. This did not 44 00:02:15,040 --> 00:02:18,000 Speaker 1: go over well. Jerry didn't do himself any favors in 45 00:02:18,040 --> 00:02:21,760 Speaker 1: that boardroom when he started threatening his fellow owners. So 46 00:02:22,280 --> 00:02:24,720 Speaker 1: you know, well we'll we'll see how this turns out. 47 00:02:24,800 --> 00:02:27,520 Speaker 1: But you know, Jerry and Roger want to get back 48 00:02:27,560 --> 00:02:32,320 Speaker 1: to football. But we are going again pizza, but basketball, 49 00:02:32,760 --> 00:02:36,000 Speaker 1: Blaze Pizza. What makes this interesting is we know athletes 50 00:02:36,040 --> 00:02:40,080 Speaker 1: are looking to do other things outside of their sport. 51 00:02:40,639 --> 00:02:45,079 Speaker 1: Lebron James was an early backer in Blaze, and that 52 00:02:45,120 --> 00:02:48,120 Speaker 1: company is doing some interesting things. Yeah, Lebron a couple 53 00:02:48,160 --> 00:02:50,520 Speaker 1: of years ago cut his ties with McDonald's, a company 54 00:02:50,560 --> 00:02:52,560 Speaker 1: that was obviously not going to give him an equity steak. 55 00:02:52,760 --> 00:02:55,519 Speaker 1: Took an equity steak in a young upstar pizza, Blaze Pizza. 56 00:02:55,600 --> 00:02:56,960 Speaker 1: I was gonna make a really bad joke that they 57 00:02:57,040 --> 00:03:03,679 Speaker 1: give me an equity nugget or right, sorry, So yeah, 58 00:03:03,720 --> 00:03:07,560 Speaker 1: invested but reported one million dollars that's now worth million 59 00:03:07,600 --> 00:03:11,160 Speaker 1: plus the company itself two and fifty million. They're expanding overseas. 60 00:03:11,760 --> 00:03:14,200 Speaker 1: So Lebron is an endorser of the product. Obviously, he's 61 00:03:14,240 --> 00:03:16,760 Speaker 1: also an equity holder, and it's a savvy move for him, 62 00:03:16,760 --> 00:03:18,240 Speaker 1: and it's a great move for Blaze. I was just 63 00:03:18,240 --> 00:03:21,000 Speaker 1: looking at the Bloomberg software we have. Every time we 64 00:03:21,080 --> 00:03:24,840 Speaker 1: write about Blaze pizza, it is Lebron James backed pizza thing. 65 00:03:25,480 --> 00:03:28,639 Speaker 1: Lebron cuts ties with McDonald's for pizza. Lebron James backed 66 00:03:28,639 --> 00:03:33,520 Speaker 1: pizza chain Aimes to topple posing he wasn't Blaze, we 67 00:03:33,600 --> 00:03:36,760 Speaker 1: might not even cover it. And would it would have 68 00:03:36,840 --> 00:03:38,520 Speaker 1: been I went ending into the Middle East right now, 69 00:03:38,560 --> 00:03:41,440 Speaker 1: and I wouldn't know the term fast casual. I mean 70 00:03:41,440 --> 00:03:43,880 Speaker 1: it's just fast food, right. Well, that's interesting that you 71 00:03:43,920 --> 00:03:47,000 Speaker 1: say the Middle East. First time Blaze is going outside 72 00:03:47,000 --> 00:03:49,920 Speaker 1: the US and you and I were talking about this 73 00:03:50,000 --> 00:03:54,400 Speaker 1: affair that I don't know, London, Paris something, it's quait. 74 00:03:55,560 --> 00:03:59,720 Speaker 1: What else is Lebron preparing to do in the Middle East? 75 00:03:59,760 --> 00:04:02,600 Speaker 1: This is going to get very interesting in his portfolio 76 00:04:03,040 --> 00:04:06,320 Speaker 1: is going to swell going the other way. However, the 77 00:04:06,360 --> 00:04:09,240 Speaker 1: North American Soccer League. As a longtime Cosmos fan, I 78 00:04:09,280 --> 00:04:12,240 Speaker 1: know that you are. This hits you a little harder 79 00:04:12,240 --> 00:04:14,160 Speaker 1: I was one of the guys who saw Chep Messing 80 00:04:14,480 --> 00:04:19,360 Speaker 1: and Beckenbauer at Giant Stadium. Yes, but they've been having 81 00:04:19,360 --> 00:04:22,479 Speaker 1: a feud with MLS for some time at it's about 82 00:04:22,480 --> 00:04:25,520 Speaker 1: official status as a second division team. The long and 83 00:04:25,560 --> 00:04:27,960 Speaker 1: the short of it is MLS is the dominant player 84 00:04:28,080 --> 00:04:32,520 Speaker 1: right now. These suits will not be heard in time anyway, 85 00:04:32,680 --> 00:04:35,599 Speaker 1: and the n A s L for now is no more. 86 00:04:35,680 --> 00:04:37,640 Speaker 1: A few of the teams will play in another league 87 00:04:37,640 --> 00:04:40,120 Speaker 1: that a few people have heard of. Have we seen 88 00:04:40,160 --> 00:04:41,920 Speaker 1: the end of this? I'm not sure if we've seen 89 00:04:41,960 --> 00:04:44,040 Speaker 1: the end of it. They say that they are not 90 00:04:44,160 --> 00:04:46,720 Speaker 1: going away forever. This is kind of a retrenchment. They're 91 00:04:46,720 --> 00:04:48,800 Speaker 1: going to focus on that anti trust lawsuit they have 92 00:04:48,839 --> 00:04:52,480 Speaker 1: against MLS. This doesn't affect that necessarily. It might affect 93 00:04:52,520 --> 00:04:54,479 Speaker 1: that the resources the n A s L has to 94 00:04:54,800 --> 00:04:57,360 Speaker 1: continue to fight it and keep lawyers going on it. 95 00:04:57,920 --> 00:05:00,320 Speaker 1: But overall, I think, why do why do SW fans 96 00:05:00,360 --> 00:05:03,200 Speaker 1: in America care about this? Uh? It's just another sign 97 00:05:03,240 --> 00:05:08,480 Speaker 1: that below MLS, the soccer infrastructure in America is not 98 00:05:08,720 --> 00:05:10,799 Speaker 1: very good, and we saw this with the United States 99 00:05:10,800 --> 00:05:13,640 Speaker 1: Soccer UH presidential elections this year. There needs to be 100 00:05:13,720 --> 00:05:16,440 Speaker 1: a huge change going on, and one of the things 101 00:05:16,440 --> 00:05:18,120 Speaker 1: that needs to be focused on is the way that 102 00:05:18,240 --> 00:05:21,760 Speaker 1: lower tier soccer organizations in the in this country are operated. 103 00:05:22,080 --> 00:05:25,080 Speaker 1: MLS is backing USL a lot of their program their 104 00:05:25,120 --> 00:05:29,080 Speaker 1: their teams, have developmental teams in USL. It's clear in 105 00:05:29,080 --> 00:05:31,600 Speaker 1: this regard that USL has become a bigger property than 106 00:05:31,680 --> 00:05:34,120 Speaker 1: n A s L. But it is so different than 107 00:05:34,160 --> 00:05:36,600 Speaker 1: the way that soccer operates in almost all the other 108 00:05:36,680 --> 00:05:41,279 Speaker 1: major soccer countries in Europe, England, Germany, France. There's these 109 00:05:41,279 --> 00:05:44,600 Speaker 1: tiered leagues, there's relegation, there's promotion. Uh. They have vibrant 110 00:05:44,640 --> 00:05:48,039 Speaker 1: leagues that go six or seven leagues deep within the 111 00:05:48,080 --> 00:05:50,960 Speaker 1: country and and North America can't seem can't seem to 112 00:05:50,960 --> 00:05:54,839 Speaker 1: support two leagues below MLS. Uh. So we'll see where 113 00:05:54,839 --> 00:05:57,960 Speaker 1: this where this ends up, um, but certainly not not 114 00:05:58,040 --> 00:06:01,000 Speaker 1: a great day for for for us. That was good 115 00:06:01,040 --> 00:06:02,880 Speaker 1: by you. You knew a lot right there. I'm a 116 00:06:02,880 --> 00:06:05,760 Speaker 1: soccer guy. Now, Scott, let's get into our interview with 117 00:06:05,880 --> 00:06:09,159 Speaker 1: Richard Sherman and the man who's usually on the field 118 00:06:09,440 --> 00:06:15,000 Speaker 1: and is usually on topic. Richard Sherman of the Seattle Seahawks. 119 00:06:15,080 --> 00:06:17,680 Speaker 1: Thanks very much for joining us in studio. Well, thanks 120 00:06:17,720 --> 00:06:19,760 Speaker 1: for having me. I appreciate that. What are we doing 121 00:06:19,800 --> 00:06:25,080 Speaker 1: in New York? Um? Mostly uh gimping around? UM, visiting 122 00:06:25,480 --> 00:06:27,640 Speaker 1: place to place. You're on the Well, we're on radio here, 123 00:06:27,680 --> 00:06:29,520 Speaker 1: so we should say you're wearing a walking boots. Oh 124 00:06:29,520 --> 00:06:30,920 Speaker 1: I thought they I thought they could see me from 125 00:06:31,000 --> 00:06:34,200 Speaker 1: the cameras of the government. Put it in. UM. Yeah, 126 00:06:34,279 --> 00:06:37,320 Speaker 1: I'm I'm I'm in a walking boot for a few 127 00:06:37,320 --> 00:06:40,400 Speaker 1: more weeks. Thank goodness when that's over with. UM. But 128 00:06:40,600 --> 00:06:45,200 Speaker 1: just just here on behalf of cobbin Hood cryptocurrency platform 129 00:06:45,240 --> 00:06:49,200 Speaker 1: that allows you to trade without any fees, which is 130 00:06:49,400 --> 00:06:52,400 Speaker 1: you know, which everybody should be thankful about. So downloaded, 131 00:06:52,920 --> 00:06:55,800 Speaker 1: get it right and get to trading and make some money. 132 00:06:55,960 --> 00:06:57,680 Speaker 1: So that's one of the things you're doing. I'm curious 133 00:06:58,120 --> 00:07:04,080 Speaker 1: how cognizant are you of capitalizing on all the opportunities 134 00:07:04,120 --> 00:07:07,480 Speaker 1: that are available to an active athlete, because your value 135 00:07:07,520 --> 00:07:10,320 Speaker 1: is never higher. I've heard Magic Johnson told me like 136 00:07:10,360 --> 00:07:12,520 Speaker 1: when I was done playing, when I came in an office, 137 00:07:12,520 --> 00:07:14,200 Speaker 1: they'll ask me for an autograph. But if I didn't 138 00:07:14,200 --> 00:07:15,680 Speaker 1: know what I was talking about, then they'll kick you 139 00:07:15,680 --> 00:07:19,760 Speaker 1: out right. Are you cognizant? Of your value is peak 140 00:07:20,040 --> 00:07:23,400 Speaker 1: when you're that in in the in the big time 141 00:07:24,160 --> 00:07:26,480 Speaker 1: sports arena, very much so, very much so. I think 142 00:07:26,560 --> 00:07:29,200 Speaker 1: I think you you know it. You have to be 143 00:07:29,240 --> 00:07:31,880 Speaker 1: cognizant to take advantage of it, um, when you're in 144 00:07:31,920 --> 00:07:35,320 Speaker 1: your prime, you know, just like just like getting negotiating 145 00:07:35,360 --> 00:07:37,600 Speaker 1: the highest contract when you're in your prime playing days. 146 00:07:37,680 --> 00:07:39,720 Speaker 1: You know. I think some people, you know you, you 147 00:07:39,760 --> 00:07:42,120 Speaker 1: wish you would negotiate it then and you can negotiate 148 00:07:42,200 --> 00:07:45,640 Speaker 1: later or your contract extends. I think I'm very cognizant 149 00:07:45,680 --> 00:07:48,000 Speaker 1: of taking advantage of the opportunities that are presented to 150 00:07:48,080 --> 00:07:51,400 Speaker 1: me because of the position that I put myself in 151 00:07:51,640 --> 00:07:54,000 Speaker 1: with with my play on the field, and I guess 152 00:07:54,200 --> 00:07:55,800 Speaker 1: with some of the things I've done off the field, 153 00:07:56,000 --> 00:07:59,360 Speaker 1: and our athletes becoming more more savvy in that regard. 154 00:07:59,480 --> 00:08:01,440 Speaker 1: I was talking money manager recently who said that the 155 00:08:01,640 --> 00:08:04,960 Speaker 1: conversations he has with his NFL clients now are light 156 00:08:05,040 --> 00:08:07,960 Speaker 1: years ahead, more advanced than the conversations he was having 157 00:08:08,280 --> 00:08:11,080 Speaker 1: with his NFL clients ten years ago. Yeah, because because 158 00:08:11,120 --> 00:08:16,840 Speaker 1: guys have become more aware of being educated, being informed, Um, 159 00:08:17,200 --> 00:08:19,360 Speaker 1: things are a lot more available to them, you know, 160 00:08:19,600 --> 00:08:24,400 Speaker 1: I mean, information is available you know at the clickable button, UM, 161 00:08:24,480 --> 00:08:28,360 Speaker 1: clickable link. And I think that guys have have seen 162 00:08:28,440 --> 00:08:31,320 Speaker 1: the horror stories of got people going broke of spending 163 00:08:31,360 --> 00:08:34,280 Speaker 1: all their money. Are our money managers taking advantage of 164 00:08:34,360 --> 00:08:37,920 Speaker 1: them and and and trading hundreds of times a day 165 00:08:38,040 --> 00:08:40,520 Speaker 1: and they're not They'm not making any money and their 166 00:08:40,559 --> 00:08:42,840 Speaker 1: money managers making a ton of money. So I think 167 00:08:42,840 --> 00:08:45,840 Speaker 1: guys have have started to be more hands on with 168 00:08:45,880 --> 00:08:49,160 Speaker 1: their finances and and less reserved and laid back, and 169 00:08:49,360 --> 00:08:52,640 Speaker 1: you know, signing away UM power of attorney and things 170 00:08:52,640 --> 00:08:56,439 Speaker 1: like that. I think, don't do that every It's it's 171 00:08:56,480 --> 00:08:59,160 Speaker 1: common sense now, but it wasn't common since then. And 172 00:08:59,200 --> 00:09:02,520 Speaker 1: I think guys, UM, I just think that the whole 173 00:09:02,600 --> 00:09:04,960 Speaker 1: landscape is changing in that regards. So, without giving away 174 00:09:04,960 --> 00:09:08,440 Speaker 1: any any secrets, what are you doing? What's your investment strategy? 175 00:09:08,480 --> 00:09:13,120 Speaker 1: What's the what's the Richard Sherman angle? Diversify? Um? No, 176 00:09:13,280 --> 00:09:16,240 Speaker 1: I'm like I said, I'm into a lot of things. UM. 177 00:09:16,280 --> 00:09:18,839 Speaker 1: I own a few wing stops, UM, own some real 178 00:09:18,960 --> 00:09:22,320 Speaker 1: estate property. You know, I have a few tax free 179 00:09:22,360 --> 00:09:26,400 Speaker 1: municipal bonds. UM. You know, I'm in some some stocks, 180 00:09:26,480 --> 00:09:31,480 Speaker 1: you know, you know the Dortsche Bank I'm fun. I'm 181 00:09:31,520 --> 00:09:35,160 Speaker 1: in there. Um, it's m I'm I'm I've at least 182 00:09:35,240 --> 00:09:37,480 Speaker 1: dip my toe in just about anything you can get 183 00:09:37,600 --> 00:09:39,679 Speaker 1: dip your toe into. I have equity and a few 184 00:09:39,679 --> 00:09:43,920 Speaker 1: of the companies that are endorsed such as body Armor. Uh, 185 00:09:43,960 --> 00:09:47,520 Speaker 1: and you just um, you just sit back and wait 186 00:09:47,600 --> 00:09:50,559 Speaker 1: until they go public. Um and see what happens. A 187 00:09:50,640 --> 00:09:53,920 Speaker 1: love vitamin water. That's the way to go. In the 188 00:09:53,920 --> 00:09:55,959 Speaker 1: old days. And when I say old days, I mean 189 00:09:56,040 --> 00:09:58,840 Speaker 1: before I was great like this, athletes wanted to be 190 00:09:58,920 --> 00:10:00,920 Speaker 1: rock stars, rock stars, and to the athletes, that was 191 00:10:00,960 --> 00:10:07,480 Speaker 1: the adage. Now athletes seemingly want to be tech entrepreneurs, 192 00:10:07,520 --> 00:10:12,160 Speaker 1: they want to be venture capitalists. They're looking to align themselves. 193 00:10:12,240 --> 00:10:14,200 Speaker 1: And andre I Goodala was a great example. He's been 194 00:10:14,200 --> 00:10:16,679 Speaker 1: on this show. He went to Golden State because he 195 00:10:16,720 --> 00:10:18,920 Speaker 1: wanted to align himself with Joe Lacob and the opportunities 196 00:10:18,920 --> 00:10:22,320 Speaker 1: in Silicon Valley. That's a different way of thinking because, 197 00:10:23,040 --> 00:10:24,720 Speaker 1: like like I said, a lot of these people have 198 00:10:24,800 --> 00:10:27,280 Speaker 1: grown up here in the horror stories of athletes going broke, 199 00:10:27,360 --> 00:10:31,360 Speaker 1: spending all your money, mismanaging your money, and a lot 200 00:10:31,360 --> 00:10:34,440 Speaker 1: of these guys are competitive, and they're competitive on and 201 00:10:34,520 --> 00:10:37,480 Speaker 1: off the court or the field or giving plan field 202 00:10:37,480 --> 00:10:41,400 Speaker 1: that they that they professionalize in and they just want 203 00:10:41,440 --> 00:10:45,040 Speaker 1: to continue to be competitive. You know, this game is fleeting. Um. 204 00:10:45,280 --> 00:10:47,120 Speaker 1: I mean you play, you know, in basketball the most 205 00:10:47,120 --> 00:10:50,880 Speaker 1: anybody's played his twenty years. Um, I think and football, 206 00:10:50,960 --> 00:10:53,600 Speaker 1: I think I think Tom might be hitting in twenty years. 207 00:10:53,640 --> 00:10:56,560 Speaker 1: But we understand that this part of our lives is limited. 208 00:10:56,520 --> 00:10:58,160 Speaker 1: It's small, but you can take advantage of it. You 209 00:10:58,160 --> 00:11:01,800 Speaker 1: can you can have lifelong connection ends and and lifelong 210 00:11:01,880 --> 00:11:05,679 Speaker 1: wealth associated with what you did in your playing career. 211 00:11:05,679 --> 00:11:08,120 Speaker 1: And I think guys are as you said, more con 212 00:11:08,160 --> 00:11:11,080 Speaker 1: stint of taking advantage of those opportunities. And and Andre 213 00:11:11,280 --> 00:11:15,720 Speaker 1: Gudala going to Golden State, uh, for those Silicon Valley 214 00:11:16,120 --> 00:11:20,520 Speaker 1: opportunities is just another example that you mentioned wealth. It 215 00:11:20,600 --> 00:11:23,040 Speaker 1: takes a while to maybe understand that there's a difference 216 00:11:23,080 --> 00:11:25,840 Speaker 1: between I'm making a the money, I'm wealthy, I'm rich, 217 00:11:26,520 --> 00:11:30,640 Speaker 1: versus ownership. When did it click for you that there's 218 00:11:30,640 --> 00:11:33,440 Speaker 1: a different strata, Like you play for a guy in 219 00:11:33,480 --> 00:11:38,640 Speaker 1: Paul Allen whose net worth is twenty five billion dollars, 220 00:11:38,720 --> 00:11:42,480 Speaker 1: that's with a B. That's a whole lot different than 221 00:11:42,520 --> 00:11:45,280 Speaker 1: I signed a twelve million dollar guaranteed contract and half 222 00:11:45,280 --> 00:11:49,120 Speaker 1: went to Uncle Sam, right, right exactly. They think money different, 223 00:11:49,160 --> 00:11:53,280 Speaker 1: they think the world different. And um, having conversations with 224 00:11:53,400 --> 00:11:56,199 Speaker 1: people like that, you you start to comprehend the way 225 00:11:56,240 --> 00:11:58,199 Speaker 1: they see the world. And obviously, can you let me 226 00:11:58,240 --> 00:12:00,520 Speaker 1: in a little bit, please please let me into that 227 00:12:00,559 --> 00:12:04,000 Speaker 1: world a little bit. What is a conversation like between 228 00:12:04,120 --> 00:12:06,920 Speaker 1: Richard Sherman and Paul Allen? Um. I mean when we 229 00:12:06,960 --> 00:12:09,280 Speaker 1: talk it's usually about you know, his the trips that 230 00:12:09,360 --> 00:12:12,320 Speaker 1: he's taken, you know, whether he's celebrating the Chinese New 231 00:12:12,400 --> 00:12:14,440 Speaker 1: Year or he just came from New Zealand to see 232 00:12:14,480 --> 00:12:17,480 Speaker 1: the fireworks show. Um. The year we won the Super Bowl, 233 00:12:17,679 --> 00:12:21,000 Speaker 1: he made it back from the from I think Australia. 234 00:12:21,360 --> 00:12:24,040 Speaker 1: He was he was seeing some cool fireworks show and 235 00:12:24,080 --> 00:12:26,520 Speaker 1: almost missed the game, the NFC Championship game, because he 236 00:12:27,120 --> 00:12:29,000 Speaker 1: flew his private jet back because he you know, he 237 00:12:29,040 --> 00:12:30,439 Speaker 1: kind of kind of slipped his mind. You know, this 238 00:12:30,520 --> 00:12:33,360 Speaker 1: is just I thought Delta was the league. No, no, no, no, 239 00:12:33,400 --> 00:12:37,240 Speaker 1: he definitely doesn' apply to Delta um. Um. But but 240 00:12:37,320 --> 00:12:40,679 Speaker 1: he he did everything he could. Um. Well, he he 241 00:12:40,760 --> 00:12:43,560 Speaker 1: does things. I mean, he spends more money than we'll 242 00:12:43,559 --> 00:12:48,160 Speaker 1: ever see helping the world, you know, in in in philanthropy, UM, 243 00:12:48,240 --> 00:12:52,280 Speaker 1: brain research, things like that that he's passionate about. Uh. 244 00:12:52,280 --> 00:12:56,640 Speaker 1: He spends a lot of time schoola diving surprising. UM. 245 00:12:56,679 --> 00:12:59,200 Speaker 1: He spends a lot less time concerned about his finances. 246 00:12:59,240 --> 00:13:02,840 Speaker 1: And I guarantee all all of us. UM. But it's 247 00:13:02,920 --> 00:13:05,800 Speaker 1: it's just his mind. His brain works different. I mean, 248 00:13:06,040 --> 00:13:07,760 Speaker 1: there are a lot of special people in this world 249 00:13:08,240 --> 00:13:11,920 Speaker 1: who they're allowed to do special things because they think differently. 250 00:13:12,000 --> 00:13:14,600 Speaker 1: You know, him coming up, you know, them coming up 251 00:13:14,600 --> 00:13:16,920 Speaker 1: with with the idea they did, to come up with 252 00:13:16,960 --> 00:13:18,840 Speaker 1: the company that came up with. I mean, who who 253 00:13:18,880 --> 00:13:20,720 Speaker 1: thinks like that, who thinks outside of the box like 254 00:13:20,800 --> 00:13:23,400 Speaker 1: they did? Um. Obviously there are only a few people 255 00:13:23,440 --> 00:13:28,120 Speaker 1: in the world who've gotten it done UM. And I 256 00:13:28,120 --> 00:13:29,880 Speaker 1: think it's incredible. But I think more people in the 257 00:13:29,920 --> 00:13:33,480 Speaker 1: world need to need to to step outside of the box, 258 00:13:33,480 --> 00:13:36,920 Speaker 1: step outside of the comfort zone, step outside of what's 259 00:13:37,000 --> 00:13:42,800 Speaker 1: normal and and and what society accepts. And I think 260 00:13:42,840 --> 00:13:45,800 Speaker 1: there's a special place in that realm. We're talking with 261 00:13:45,880 --> 00:13:49,520 Speaker 1: Richard Sherman, cornerback of the Seattle Seahawks. Let's talk about 262 00:13:49,520 --> 00:13:51,880 Speaker 1: the NFL. It was a kind of a rough year 263 00:13:51,880 --> 00:13:54,160 Speaker 1: from a business standpoint from the NFL as I know 264 00:13:54,200 --> 00:13:59,320 Speaker 1: you're aware, ratings were down, Papa John publicly criticizing the league, 265 00:13:59,400 --> 00:14:02,680 Speaker 1: the players were a lot more active in the protesting 266 00:14:02,760 --> 00:14:05,959 Speaker 1: race relations. There's a lot going on. Was this a 267 00:14:05,960 --> 00:14:08,640 Speaker 1: turning point at all? Do you think something fundamentally changed 268 00:14:08,679 --> 00:14:11,480 Speaker 1: about the NFL this year the President of the United 269 00:14:11,480 --> 00:14:14,319 Speaker 1: States obviously criticizing as well, or do you think it's 270 00:14:14,360 --> 00:14:16,280 Speaker 1: kind of status quo. I think it's status quo. I 271 00:14:16,280 --> 00:14:19,920 Speaker 1: think it's it is is comedy when when a bad year, 272 00:14:20,600 --> 00:14:23,960 Speaker 1: we're probably still making you know, five six, seven, eight 273 00:14:23,960 --> 00:14:29,640 Speaker 1: billion dollars, I mean, keep going, just to make the point. 274 00:14:29,840 --> 00:14:33,400 Speaker 1: I don't need the phone call from Roger. Yeah, corrected Richard. 275 00:14:33,640 --> 00:14:35,800 Speaker 1: You should have corrected, Richard, you should have corrected him. 276 00:14:35,800 --> 00:14:38,320 Speaker 1: I mean they just signed what four four point five 277 00:14:38,320 --> 00:14:40,880 Speaker 1: billion dollar deal with Fox for just Thursday night football. 278 00:14:40,880 --> 00:14:44,040 Speaker 1: I think I think it's a little overblown saying it's, 279 00:14:44,080 --> 00:14:45,840 Speaker 1: you know, it's a bad year of football is down 280 00:14:45,960 --> 00:14:48,800 Speaker 1: or in any regard um. But yeah, I think it 281 00:14:48,880 --> 00:14:51,880 Speaker 1: is a turning point with with just an athlete in 282 00:14:51,960 --> 00:14:55,200 Speaker 1: general understanding how powerful the platform they have is and 283 00:14:55,240 --> 00:14:57,800 Speaker 1: how how many people they can affect, and how many 284 00:14:57,800 --> 00:15:00,080 Speaker 1: people they can reach and affect in a positive a 285 00:15:00,760 --> 00:15:05,120 Speaker 1: UM to spur change and to spur conversation. Obviously, Colin Kaepernick, 286 00:15:05,320 --> 00:15:09,360 Speaker 1: you know, with his kneeling, started an incredible conversation. You know. 287 00:15:09,520 --> 00:15:11,600 Speaker 1: The things that the president said, you know, whether you 288 00:15:11,600 --> 00:15:14,960 Speaker 1: agree or disagree, you know, are what they are. But 289 00:15:15,360 --> 00:15:17,840 Speaker 1: I think that the NFL and the players that that 290 00:15:17,920 --> 00:15:21,000 Speaker 1: kneeled and took a stand UM did something that's powerful 291 00:15:21,040 --> 00:15:23,680 Speaker 1: and was positive. But to management and labor view that 292 00:15:23,680 --> 00:15:25,840 Speaker 1: in the same way you guys view it, I think 293 00:15:25,880 --> 00:15:30,200 Speaker 1: as sort of social activism. Do the owners when they 294 00:15:30,240 --> 00:15:34,400 Speaker 1: started hearing criticism and maybe the dimmunition and ratings, do 295 00:15:34,520 --> 00:15:37,720 Speaker 1: they look at it as an economic issue? Uh? Not 296 00:15:37,720 --> 00:15:39,880 Speaker 1: not as many as as you would think. You know, 297 00:15:39,920 --> 00:15:43,280 Speaker 1: there are some owners UM, you know who who see 298 00:15:43,320 --> 00:15:46,840 Speaker 1: things differently than others, obviously, so I can't speak for them. 299 00:15:46,880 --> 00:15:50,160 Speaker 1: But our owner UM is very progressive and very forward 300 00:15:50,200 --> 00:15:54,760 Speaker 1: thinking and and understands that UM, everybody should be treated equal, 301 00:15:54,840 --> 00:15:57,600 Speaker 1: and and that that people have the right to protest, 302 00:15:57,720 --> 00:16:00,480 Speaker 1: and and especially when you're protesting something that's are full 303 00:16:00,560 --> 00:16:03,520 Speaker 1: and and life altering for a lot of people. UM, 304 00:16:03,560 --> 00:16:05,760 Speaker 1: and we received nothing but support from him. Let's keep 305 00:16:05,760 --> 00:16:08,080 Speaker 1: it in the parlance of business. The NFL is an entity. 306 00:16:08,320 --> 00:16:11,720 Speaker 1: Let's say it was a publicly traded company by Hold 307 00:16:11,920 --> 00:16:14,640 Speaker 1: or Sell and why oh bye bye for sure, because 308 00:16:15,080 --> 00:16:18,960 Speaker 1: the value is always increasing. Um, there's one thing that 309 00:16:19,000 --> 00:16:22,760 Speaker 1: people it's it's like the popularity of the NBA, you know, 310 00:16:22,800 --> 00:16:26,480 Speaker 1: in the popularity in NFL. And I think the the 311 00:16:26,520 --> 00:16:30,880 Speaker 1: greatest comparison I saw the well, the most funny to me, um, 312 00:16:31,080 --> 00:16:34,040 Speaker 1: was when the NBA All Star Game and it's ratings, 313 00:16:34,080 --> 00:16:37,080 Speaker 1: it's television ratings because they say the NFL is so terrible. 314 00:16:37,120 --> 00:16:39,080 Speaker 1: The Pro Bowls the problem. I knew you were going 315 00:16:40,120 --> 00:16:41,840 Speaker 1: because it's it's it's supposed to be the most terrible 316 00:16:41,920 --> 00:16:44,720 Speaker 1: All Star Game and nobody ever watches. But the ratings 317 00:16:44,720 --> 00:16:48,240 Speaker 1: are still above every People still tune in, right, It's 318 00:16:48,240 --> 00:16:50,040 Speaker 1: above every other All Star game and every other sport 319 00:16:50,080 --> 00:16:52,520 Speaker 1: regardless because people are gonna watch football. Regardless of what 320 00:16:52,560 --> 00:16:54,920 Speaker 1: they say about the violence of the sports and the 321 00:16:55,400 --> 00:16:59,280 Speaker 1: helmet to helmet hits and and people not playing, etcetera, etcetera. 322 00:16:59,360 --> 00:17:02,440 Speaker 1: The game isn't going anywhere, and it's only increasing in value. 323 00:17:02,760 --> 00:17:05,159 Speaker 1: It's funny you mentioned the NBA. Demorris Smith, the NFL 324 00:17:05,240 --> 00:17:09,320 Speaker 1: p A, had gave an interview this weekend, mentioning thought 325 00:17:09,359 --> 00:17:11,520 Speaker 1: that there were lessons that the NFL could learn from 326 00:17:11,520 --> 00:17:14,199 Speaker 1: the way the n b A is marketing itself and 327 00:17:14,320 --> 00:17:16,640 Speaker 1: it's media rights. I think that the quote he used, 328 00:17:16,680 --> 00:17:20,520 Speaker 1: the NBA has a fresher, hipper product. You agree with that, 329 00:17:20,760 --> 00:17:22,800 Speaker 1: I agree whole hardly. I agree that they run a 330 00:17:22,840 --> 00:17:26,400 Speaker 1: better organization than we do. UM, from top to bottom. UM, 331 00:17:27,119 --> 00:17:30,520 Speaker 1: just just think about the way their commissioner talks about 332 00:17:30,520 --> 00:17:35,879 Speaker 1: their players and supports their players. UM. The situation with 333 00:17:35,960 --> 00:17:38,880 Speaker 1: Lebron James and Kevin Durant when they were being criticized 334 00:17:38,920 --> 00:17:42,000 Speaker 1: and told stick to basketball, you know, which is is 335 00:17:42,000 --> 00:17:46,240 Speaker 1: funny coming from people who are a lot, a lot 336 00:17:46,320 --> 00:17:48,480 Speaker 1: less informed than they are about some of the topics 337 00:17:48,520 --> 00:17:52,320 Speaker 1: that UM, they have conversations about. You know. I think 338 00:17:52,359 --> 00:17:54,160 Speaker 1: it's you know, that's a story for a different day. 339 00:17:54,200 --> 00:17:58,760 Speaker 1: But UM, I think that the way their commissioners supported 340 00:17:58,800 --> 00:18:01,479 Speaker 1: them and support support the players in their league was 341 00:18:01,640 --> 00:18:04,959 Speaker 1: was admirable. I think you'd have a hard time finding 342 00:18:05,280 --> 00:18:08,600 Speaker 1: Roger Goodale's supporting our players in that way. Another thing 343 00:18:08,640 --> 00:18:10,600 Speaker 1: to Morris said is that the the NBA does a 344 00:18:10,600 --> 00:18:15,119 Speaker 1: better job marketing at stars, and it does seem certainly 345 00:18:15,160 --> 00:18:17,800 Speaker 1: true that the NBA stars are more public and in 346 00:18:17,800 --> 00:18:20,639 Speaker 1: a way that a lot of NFL stars, maybe except 347 00:18:20,640 --> 00:18:23,520 Speaker 1: for a few minimum are How do you guys go 348 00:18:23,600 --> 00:18:26,600 Speaker 1: about maybe fixing that doing better at marketing it if 349 00:18:26,640 --> 00:18:28,159 Speaker 1: you're not getting the support that you feel like you 350 00:18:28,200 --> 00:18:30,320 Speaker 1: need to. I mean there's a lot of individuals that 351 00:18:30,320 --> 00:18:32,960 Speaker 1: that go out there and and every individual, you know 352 00:18:33,080 --> 00:18:35,240 Speaker 1: O'Dell bethaman jur for example, of getting a big deal 353 00:18:35,280 --> 00:18:39,000 Speaker 1: with Nike, that's him as an individual that's not you know, 354 00:18:39,080 --> 00:18:41,720 Speaker 1: the league kind of pushing him out there. Um, this 355 00:18:41,800 --> 00:18:44,040 Speaker 1: motor scar in the world, the hair, the one handed cat. 356 00:18:44,080 --> 00:18:45,680 Speaker 1: I mean that one handed catch happened to be a 357 00:18:45,760 --> 00:18:48,560 Speaker 1: national TV game, So maybe he got lucky. I think 358 00:18:48,560 --> 00:18:50,520 Speaker 1: it was the Cowboys. Was it against the Cowboys? Okay, 359 00:18:50,520 --> 00:18:54,359 Speaker 1: even more perfect? I mean, really the perfect scenario to 360 00:18:54,440 --> 00:18:56,760 Speaker 1: do what he did. He practiced that one and he 361 00:18:56,760 --> 00:18:59,360 Speaker 1: practices it before the games, but it took something like 362 00:18:59,520 --> 00:19:02,480 Speaker 1: that for it to happen. So O b J. Yeah, 363 00:19:02,520 --> 00:19:05,320 Speaker 1: becomes this. I see the little kids in the school 364 00:19:05,359 --> 00:19:07,199 Speaker 1: yards wearing O b J. And it's not just New 365 00:19:07,240 --> 00:19:10,000 Speaker 1: York because he's cool. So how how do you become cool? 366 00:19:10,600 --> 00:19:12,560 Speaker 1: I mean, it's it's it's playing at a high level. 367 00:19:12,560 --> 00:19:14,840 Speaker 1: Obviously that that one handed catch wasn't the only thing 368 00:19:14,840 --> 00:19:16,800 Speaker 1: he does. He plays at a high level pretty consistently. 369 00:19:17,480 --> 00:19:20,280 Speaker 1: But but even even quarterbacks like like Tom Brady, who 370 00:19:20,400 --> 00:19:22,680 Speaker 1: go down is probably the greatest quarterback of all time, 371 00:19:22,800 --> 00:19:26,000 Speaker 1: isn't marketed incredibly by our league. Now does he have 372 00:19:26,320 --> 00:19:28,520 Speaker 1: have endorsement deals with a number of companies. Of course, 373 00:19:28,560 --> 00:19:30,920 Speaker 1: because he's a he's a super Bowl winning quarterback and 374 00:19:31,560 --> 00:19:32,720 Speaker 1: about to go to down a is one of the 375 00:19:32,720 --> 00:19:36,639 Speaker 1: greatest of all time, But our league doesn't. Our league 376 00:19:36,720 --> 00:19:39,640 Speaker 1: wants to keep the players kind of nameless and faces, 377 00:19:39,720 --> 00:19:42,280 Speaker 1: keeping behind the helmet, you know, because it allows the 378 00:19:42,600 --> 00:19:45,800 Speaker 1: teams to seem more powerful in that respect and allows 379 00:19:45,840 --> 00:19:49,120 Speaker 1: people to not gravitate towards players as much. So that 380 00:19:49,240 --> 00:19:52,240 Speaker 1: when when a team says, oh, we gotta cut this guy, 381 00:19:52,320 --> 00:19:55,760 Speaker 1: we gotta move on from this guy, that the fans 382 00:19:55,800 --> 00:19:58,600 Speaker 1: always side with the team. You always hear hear fans 383 00:19:58,720 --> 00:20:02,000 Speaker 1: gramlin the players about contracts and things like that, Oh man, 384 00:20:02,080 --> 00:20:04,439 Speaker 1: you're you're asking for too much and and this and now, 385 00:20:04,520 --> 00:20:06,960 Speaker 1: But you never you never hear them complaining when a 386 00:20:06,960 --> 00:20:10,360 Speaker 1: team cuts the player before his contract is is finished. Um, 387 00:20:10,440 --> 00:20:12,399 Speaker 1: And I think that's the way it's designed, that's the 388 00:20:12,440 --> 00:20:15,280 Speaker 1: way the team wanted. Like in the NBA, if you 389 00:20:15,280 --> 00:20:17,640 Speaker 1: even have a hard time, well, first off, their their 390 00:20:17,640 --> 00:20:20,960 Speaker 1: contracts the way they negotiated them are guaranteed anyway, So 391 00:20:21,040 --> 00:20:23,040 Speaker 1: you cut them, you're gonna pay him anyway, so there's 392 00:20:23,040 --> 00:20:25,520 Speaker 1: no need to do that. But you're not gonna cut 393 00:20:25,600 --> 00:20:28,320 Speaker 1: Lebron James. You're not gonna just trade Lebron James without 394 00:20:28,800 --> 00:20:32,119 Speaker 1: incredible backlash. And in NFL you get less of that 395 00:20:32,240 --> 00:20:35,520 Speaker 1: because it's more about the logo of the team than 396 00:20:35,560 --> 00:20:37,280 Speaker 1: it is the players. Are you okay with the labor 397 00:20:37,280 --> 00:20:39,359 Speaker 1: contract or do you think the players made a mistake? 398 00:20:39,400 --> 00:20:41,840 Speaker 1: And whether it's commission or power, it's too much focused 399 00:20:41,880 --> 00:20:45,000 Speaker 1: on dollars and cents. Um, I'm I'm fine with it. Um. 400 00:20:45,160 --> 00:20:48,359 Speaker 1: The commissioner power was something that I think they didn't 401 00:20:48,400 --> 00:20:50,480 Speaker 1: think that it would get as out of hand as 402 00:20:50,520 --> 00:20:53,399 Speaker 1: it has. You know, who could anticipate him being a 403 00:20:53,440 --> 00:20:56,959 Speaker 1: powermonger like he has been. Um, I don't think they 404 00:20:56,960 --> 00:21:00,960 Speaker 1: anticipated him, you know, finding guys fifty dollars for for 405 00:21:01,359 --> 00:21:03,800 Speaker 1: players on a football field that that weren't agreed just 406 00:21:03,880 --> 00:21:06,800 Speaker 1: our dirty in any way. UM, I don't think they 407 00:21:06,800 --> 00:21:09,399 Speaker 1: could have anticipated that. But our salary cap rising to 408 00:21:09,440 --> 00:21:12,880 Speaker 1: two million dollars by the time the next UM collective 409 00:21:12,880 --> 00:21:16,560 Speaker 1: bargaining agreement hits, I think it's a success. I don't 410 00:21:16,560 --> 00:21:19,840 Speaker 1: think that the owners anticipated that. They anticipated the salary 411 00:21:19,920 --> 00:21:22,760 Speaker 1: cap getting to one thirty five maybe one forty, and 412 00:21:22,800 --> 00:21:25,840 Speaker 1: they're pretty frustrated with how quickly that it's it's growing 413 00:21:25,960 --> 00:21:28,119 Speaker 1: and and how much money these players are put in 414 00:21:28,160 --> 00:21:31,080 Speaker 1: your pockets. What would the NFL be and I'm asking 415 00:21:31,119 --> 00:21:33,680 Speaker 1: you to be speculative, I know, but what would the 416 00:21:33,840 --> 00:21:37,359 Speaker 1: NFL B or what would it become if, and only 417 00:21:37,400 --> 00:21:39,639 Speaker 1: because he gets so much praise if Adam Silver was 418 00:21:39,680 --> 00:21:42,880 Speaker 1: the commissioner instead of Roger Goodell, is there is there 419 00:21:42,960 --> 00:21:46,359 Speaker 1: something more it would be? Yeah, it'd be a more 420 00:21:47,160 --> 00:21:51,560 Speaker 1: player centric, player driven league. You'd see the relationships between 421 00:21:51,640 --> 00:21:55,080 Speaker 1: players and ownerships and management will be more amicable than 422 00:21:55,119 --> 00:21:57,480 Speaker 1: it is at this time. I think you'd see a 423 00:21:57,480 --> 00:22:01,160 Speaker 1: lot more. The player pro tests would have been handled 424 00:22:01,160 --> 00:22:03,400 Speaker 1: a lot differently. I think you would have seen support 425 00:22:03,840 --> 00:22:08,200 Speaker 1: from from the teams and the management um instead of 426 00:22:08,240 --> 00:22:11,439 Speaker 1: the the attempt at you know, I guess suppressing it 427 00:22:11,480 --> 00:22:13,879 Speaker 1: in some ways. You have some owners that that are 428 00:22:13,920 --> 00:22:16,480 Speaker 1: perfectly fine with it. They understand what the players are 429 00:22:16,720 --> 00:22:19,600 Speaker 1: standing for, kneeling for, sitting for. And then you have 430 00:22:19,680 --> 00:22:23,760 Speaker 1: some owners, um who who speak about it differently. And 431 00:22:23,840 --> 00:22:26,439 Speaker 1: you heard that in the ownership meetings, that the article 432 00:22:26,520 --> 00:22:28,880 Speaker 1: that came out, you know, with the way they talked 433 00:22:28,880 --> 00:22:31,560 Speaker 1: about it. I mean that relationship the way some owners 434 00:22:31,600 --> 00:22:34,879 Speaker 1: see it still exists. It's a very old line of thinking, 435 00:22:34,960 --> 00:22:37,760 Speaker 1: but it still exists in some places. We've got three 436 00:22:37,840 --> 00:22:41,240 Speaker 1: years left, I believe on this labor accord. When this 437 00:22:41,320 --> 00:22:44,000 Speaker 1: is up, how big a fight do you expect there 438 00:22:44,040 --> 00:22:47,000 Speaker 1: to be between players and ownership. I expected to be huge. 439 00:22:47,080 --> 00:22:49,359 Speaker 1: I expected to be monumental. I think this will be 440 00:22:49,520 --> 00:22:53,760 Speaker 1: landscape changing because as you as you said, players are 441 00:22:53,800 --> 00:22:58,480 Speaker 1: more informed these days. Players aren't as ignorant and and 442 00:22:58,480 --> 00:23:01,040 Speaker 1: and ill prepared as they were in the first labor fight. 443 00:23:01,080 --> 00:23:04,280 Speaker 1: I think guys, you know, and including the younger players, 444 00:23:04,600 --> 00:23:07,680 Speaker 1: are more prepared to sit out of season um than 445 00:23:07,720 --> 00:23:11,840 Speaker 1: they were previously. I think that ownership is less prepared. 446 00:23:11,880 --> 00:23:15,600 Speaker 1: You don't have the four billion dollar TV money to 447 00:23:15,720 --> 00:23:17,439 Speaker 1: just sit back and say Hey, we we get this, 448 00:23:17,480 --> 00:23:20,760 Speaker 1: regardless of the seasons played or not TV. The TV 449 00:23:20,880 --> 00:23:23,760 Speaker 1: contracts won't be signed until they understand that there's going 450 00:23:23,800 --> 00:23:25,400 Speaker 1: to be labor piece, So you don't have that security 451 00:23:25,400 --> 00:23:28,200 Speaker 1: blanket that you did before. And at the end of 452 00:23:28,240 --> 00:23:31,240 Speaker 1: the day, I mean, do you really want to miss 453 00:23:31,280 --> 00:23:33,960 Speaker 1: games and lose the momentum that you have going? Uh? 454 00:23:35,040 --> 00:23:38,320 Speaker 1: You don't. So you know, we'll challenge that and and 455 00:23:38,400 --> 00:23:40,720 Speaker 1: see where they want to take it or will all 456 00:23:40,720 --> 00:23:43,320 Speaker 1: they'll you know, agree to what we want to agree 457 00:23:43,320 --> 00:23:45,280 Speaker 1: to and then things will go down, go back. Find 458 00:23:45,680 --> 00:23:46,960 Speaker 1: did you just say they were going to agree to 459 00:23:47,000 --> 00:23:52,200 Speaker 1: what you want or want to exactly? If they don't, 460 00:23:52,240 --> 00:23:54,359 Speaker 1: then then you know, you you could easily see a 461 00:23:54,359 --> 00:23:57,119 Speaker 1: season without football. What do you want? What? Give me 462 00:23:57,160 --> 00:23:59,000 Speaker 1: the top two? But there's health and safety. Give me 463 00:23:59,040 --> 00:24:02,159 Speaker 1: the top two things. What do you one? Equality? In 464 00:24:02,200 --> 00:24:05,080 Speaker 1: some ways? You know, I mean right now they're thirty two. 465 00:24:05,080 --> 00:24:09,560 Speaker 1: Owners get more than the players in terms of the 466 00:24:09,600 --> 00:24:13,639 Speaker 1: percentage of the revenue, which is odd. How do you 467 00:24:13,640 --> 00:24:15,720 Speaker 1: respond to, and I'm playing Devil's advocate, how do you 468 00:24:15,760 --> 00:24:18,159 Speaker 1: respond to we take the risk. It's our money. I 469 00:24:18,240 --> 00:24:20,320 Speaker 1: know it's your bodies, but we take the risk. How 470 00:24:20,320 --> 00:24:23,080 Speaker 1: do you respond to that argument, what risk the financial 471 00:24:23,200 --> 00:24:25,840 Speaker 1: risk of shelling out Let's say somebody's gonna buy the 472 00:24:25,880 --> 00:24:29,720 Speaker 1: Carolina Panthers. Now they're going to shell out probably million 473 00:24:29,760 --> 00:24:32,040 Speaker 1: in cash. Are you saying, because it's the NFL and 474 00:24:32,040 --> 00:24:34,080 Speaker 1: the prints money, there is no risk? There's no there's 475 00:24:34,080 --> 00:24:37,280 Speaker 1: no team worth lessan a billion first off, and there's 476 00:24:37,400 --> 00:24:39,960 Speaker 1: no team that makes less than I'd have to go 477 00:24:40,000 --> 00:24:41,840 Speaker 1: look at the numbers. I don't want to spill out numbers, 478 00:24:41,840 --> 00:24:44,840 Speaker 1: but it's been consistent how much money teams make. It's 479 00:24:44,880 --> 00:24:48,880 Speaker 1: not like there's there's been volat volatility and in their 480 00:24:48,880 --> 00:24:52,159 Speaker 1: profits are in their revenue, um, it's been pretty consistently 481 00:24:52,240 --> 00:24:55,879 Speaker 1: growing each year. UM. So I think that you know, 482 00:24:55,920 --> 00:24:59,000 Speaker 1: that'd be a fool's argument. Um. On top of that, 483 00:24:59,280 --> 00:25:02,160 Speaker 1: you hear all this about the league caring about player 484 00:25:02,240 --> 00:25:05,480 Speaker 1: safety and and taking care of the players, But when 485 00:25:05,520 --> 00:25:09,600 Speaker 1: you talk about having the NBA having lifetime healthcare for 486 00:25:09,640 --> 00:25:12,199 Speaker 1: their players, you would not. You can not imagine our 487 00:25:12,280 --> 00:25:14,200 Speaker 1: league having that for their players because they don't really 488 00:25:14,240 --> 00:25:18,200 Speaker 1: care that much. It a lot more players, but you 489 00:25:18,200 --> 00:25:20,840 Speaker 1: you also don't really care that much after they leave 490 00:25:20,920 --> 00:25:23,320 Speaker 1: the game. The NBA cares about their players. That's why 491 00:25:23,640 --> 00:25:26,399 Speaker 1: they actually cover them for the rest of their lives. 492 00:25:27,240 --> 00:25:30,040 Speaker 1: NFL it's like, after you're done making us money, well, 493 00:25:30,080 --> 00:25:32,160 Speaker 1: we'll cover you for you know, four or five years 494 00:25:32,160 --> 00:25:34,080 Speaker 1: and then good luck. Well, the nature of the game 495 00:25:34,119 --> 00:25:38,639 Speaker 1: always seems like chew you up, spitch out next that 496 00:25:38,680 --> 00:25:41,160 Speaker 1: there's there's that nameless faceless It works because I don't 497 00:25:41,160 --> 00:25:44,320 Speaker 1: know who knew, who knows the backup tackle. It doesn't 498 00:25:44,320 --> 00:25:47,600 Speaker 1: matter right right. But but you get to the point 499 00:25:47,640 --> 00:25:50,520 Speaker 1: where where to the public they say we care about 500 00:25:50,520 --> 00:25:52,159 Speaker 1: the health and safety of our players. Don't say it 501 00:25:52,160 --> 00:25:54,440 Speaker 1: if you don't mean it. You know, there's no reason 502 00:25:54,480 --> 00:25:57,359 Speaker 1: to say it. But actions speak a lot louder than words, 503 00:25:57,440 --> 00:26:00,359 Speaker 1: and the words are just fluff at this point. It's 504 00:26:00,400 --> 00:26:03,280 Speaker 1: it's the league saying that we care so that public 505 00:26:03,320 --> 00:26:07,359 Speaker 1: perception is positive, that the public sees them in a 506 00:26:07,359 --> 00:26:10,080 Speaker 1: positive light and continues to watch the game. Let's talk 507 00:26:10,080 --> 00:26:12,840 Speaker 1: about public safety, for our health and safety for a second. Um, 508 00:26:12,920 --> 00:26:15,840 Speaker 1: you've been playing football obviously for a long time. UM. 509 00:26:15,880 --> 00:26:18,080 Speaker 1: In that time, there has been a lot of science, 510 00:26:18,080 --> 00:26:20,040 Speaker 1: a lot of research that has come out about about 511 00:26:20,040 --> 00:26:22,600 Speaker 1: the game. Has anything changed in the time that you've 512 00:26:22,640 --> 00:26:26,440 Speaker 1: been an adult football player. That has made you rethink football, 513 00:26:26,560 --> 00:26:29,239 Speaker 1: rethink your your your decision to go into it as 514 00:26:29,280 --> 00:26:31,159 Speaker 1: a as a full time profession. Not at all, not 515 00:26:31,240 --> 00:26:33,399 Speaker 1: at all, not in the least. And and nothing has 516 00:26:33,480 --> 00:26:35,680 Speaker 1: changed my opinion on whether I let my kids play 517 00:26:35,760 --> 00:26:39,679 Speaker 1: or anything. Yeah, I understand let my kids play if 518 00:26:39,680 --> 00:26:41,880 Speaker 1: that's what they desire to do. Um. You know it's 519 00:26:41,880 --> 00:26:44,360 Speaker 1: the right way to play a game. Um. You play 520 00:26:44,440 --> 00:26:46,000 Speaker 1: the game the right way, you tackle the right way. 521 00:26:46,040 --> 00:26:48,560 Speaker 1: You usually avoid things like that. You you avoid the 522 00:26:48,640 --> 00:26:50,760 Speaker 1: hits to the head. I've had very few concussions in 523 00:26:50,800 --> 00:26:55,800 Speaker 1: my in my career, thank god. Um. And my body. 524 00:26:55,920 --> 00:26:57,840 Speaker 1: You know, your body gets beat up to a certain degree. 525 00:26:57,880 --> 00:27:00,240 Speaker 1: But I also make fourteen million dollars a year. And 526 00:27:00,640 --> 00:27:03,040 Speaker 1: you know, if you told most people they take a 527 00:27:03,080 --> 00:27:04,880 Speaker 1: little bit of a beating four two million dollars a year, 528 00:27:05,400 --> 00:27:08,080 Speaker 1: you'd find them hard pressed not to take that deal. Um. 529 00:27:08,119 --> 00:27:12,280 Speaker 1: And I think that the game isn't going anywhere. I think, 530 00:27:13,280 --> 00:27:15,679 Speaker 1: uh a lot of this. This is an opportunity for 531 00:27:15,720 --> 00:27:19,639 Speaker 1: a lot of people to attain generational wealth, um, in 532 00:27:19,640 --> 00:27:23,360 Speaker 1: a way that that wasn't available for them before, and 533 00:27:23,440 --> 00:27:26,560 Speaker 1: for some wouldn't be available any other way. So as 534 00:27:26,600 --> 00:27:29,359 Speaker 1: long as they're this game exists and paying people, you'll 535 00:27:29,359 --> 00:27:32,080 Speaker 1: have people in line to play it. Do you see 536 00:27:32,080 --> 00:27:36,240 Speaker 1: football because of the concussion risk, primarily becoming sort of 537 00:27:36,240 --> 00:27:39,880 Speaker 1: a socio economic divide, though, like you said, they would 538 00:27:39,880 --> 00:27:42,960 Speaker 1: have no other way. Those who need it will play it, 539 00:27:43,040 --> 00:27:45,199 Speaker 1: those who don't have to will not it Already is 540 00:27:45,560 --> 00:27:47,720 Speaker 1: it's already already, it's already there. I mean, that's that 541 00:27:47,840 --> 00:27:49,840 Speaker 1: that's regarded sports in general a lot of times. I mean, 542 00:27:49,880 --> 00:27:53,080 Speaker 1: if you if your parents are are, if your parents 543 00:27:53,080 --> 00:27:55,520 Speaker 1: have money and you come from affluence, there's there's very 544 00:27:55,640 --> 00:27:58,560 Speaker 1: rare times that you make it to professional sports. I mean, 545 00:27:58,600 --> 00:28:00,960 Speaker 1: you may find a couple of kids who's parents made 546 00:28:01,040 --> 00:28:04,679 Speaker 1: six figures growing up, but you very few. Um and 547 00:28:04,680 --> 00:28:06,800 Speaker 1: that's across the board, that's across any sports. You know, 548 00:28:06,880 --> 00:28:09,879 Speaker 1: hard work and dedication of these kids, a lot of 549 00:28:09,920 --> 00:28:14,840 Speaker 1: them come from um adverse backgrounds, and I think that 550 00:28:14,880 --> 00:28:17,239 Speaker 1: will continue to be the thing. I don't think all 551 00:28:17,320 --> 00:28:19,080 Speaker 1: NFL players do. I don't think all athletes do. But 552 00:28:19,119 --> 00:28:22,840 Speaker 1: you get the entertainment. You've got some John Cena in you. Well. 553 00:28:22,840 --> 00:28:27,760 Speaker 1: Part of the problem in sports is now reaching the kids, millennials, 554 00:28:27,760 --> 00:28:29,280 Speaker 1: don't have the attention spand they don't want to sit 555 00:28:29,280 --> 00:28:32,960 Speaker 1: down and watch. To give me some Richard Sherman ideas 556 00:28:33,040 --> 00:28:39,640 Speaker 1: for how do we make football appealing two kids? Um, 557 00:28:39,720 --> 00:28:41,360 Speaker 1: I think I think football is one of the more 558 00:28:41,360 --> 00:28:44,560 Speaker 1: exciting sports because any given play, anything can happen. Obviously, 559 00:28:45,040 --> 00:28:47,840 Speaker 1: the league has has manipulated the rules in a way 560 00:28:47,880 --> 00:28:49,720 Speaker 1: that makes it more of an offensive game, and people 561 00:28:49,720 --> 00:28:51,560 Speaker 1: want to see points, so they make it so that 562 00:28:51,720 --> 00:28:55,560 Speaker 1: there's more points scored. As a sour defender, I mean, 563 00:28:56,160 --> 00:28:57,960 Speaker 1: call it what you want. I mean, it's it's it's 564 00:28:57,960 --> 00:29:00,000 Speaker 1: it's obvious. I mean you don't even need the defense 565 00:29:00,080 --> 00:29:03,000 Speaker 1: out there anymore at this point. Um, but that explains 566 00:29:03,040 --> 00:29:05,840 Speaker 1: the Super Bowl, right right, right right, It's it's it's 567 00:29:05,920 --> 00:29:08,400 Speaker 1: what's what's the point? You know? I mean you you play. 568 00:29:08,560 --> 00:29:11,680 Speaker 1: But I'm not gonna go into that. But I think 569 00:29:11,720 --> 00:29:14,160 Speaker 1: that kids are watching our game more than they're watching 570 00:29:14,160 --> 00:29:16,280 Speaker 1: a lot of other games. But they're also NFL red 571 00:29:16,360 --> 00:29:18,480 Speaker 1: zone and things like that that are making it easier 572 00:29:18,520 --> 00:29:21,160 Speaker 1: and more accessible for people to just tune in when 573 00:29:21,240 --> 00:29:24,560 Speaker 1: when there's an important moment, are a big play? Are 574 00:29:25,040 --> 00:29:27,000 Speaker 1: you know, teams in the red zone with in scoring 575 00:29:27,000 --> 00:29:30,440 Speaker 1: position Um, you know, so you don't have to watch 576 00:29:30,480 --> 00:29:32,240 Speaker 1: the whole game if you don't, if you're not interested, 577 00:29:32,240 --> 00:29:34,760 Speaker 1: because some some games are six to seven, are three 578 00:29:34,800 --> 00:29:38,600 Speaker 1: to nine, and you know, for avid fan who likes 579 00:29:38,600 --> 00:29:40,880 Speaker 1: a good defense, it's exciting to watch. But for some 580 00:29:40,920 --> 00:29:43,760 Speaker 1: of these kids, some of these millennials, um, they can 581 00:29:43,760 --> 00:29:46,080 Speaker 1: tune into the red zone. We're talking to Seattle Seahawks 582 00:29:46,120 --> 00:29:48,480 Speaker 1: cornerback Richard Sherman. Richard, I want to get your thoughts 583 00:29:48,480 --> 00:29:50,400 Speaker 1: on the n c A as we talk about NFL 584 00:29:50,440 --> 00:29:53,080 Speaker 1: players not getting a requisite piece of the overall pie. 585 00:29:53,680 --> 00:29:56,080 Speaker 1: A lot of college athletes are are making the claim 586 00:29:56,080 --> 00:29:58,040 Speaker 1: that they're getting even less. I know it's something you've 587 00:29:58,040 --> 00:30:00,080 Speaker 1: talked a lot before. You lived it a number of 588 00:30:00,160 --> 00:30:02,719 Speaker 1: years ago when you were at Stanford. Give me your 589 00:30:02,760 --> 00:30:04,520 Speaker 1: thoughts on on what do you think the n c 590 00:30:04,640 --> 00:30:07,800 Speaker 1: a A, what its future looks like. Um, I hope 591 00:30:07,800 --> 00:30:12,360 Speaker 1: it's I hope it's grim and bleak. Um because you 592 00:30:12,360 --> 00:30:14,160 Speaker 1: you could think about it like this, You think about 593 00:30:14,280 --> 00:30:17,959 Speaker 1: them receiving billions of dollars without happen to play the players. 594 00:30:18,040 --> 00:30:20,720 Speaker 1: It's it's the NFL where you're paying the teams in 595 00:30:20,840 --> 00:30:24,720 Speaker 1: schools without having to play the players. I mean, so 596 00:30:25,080 --> 00:30:28,040 Speaker 1: you've got people making millions and millions of dollars who 597 00:30:28,080 --> 00:30:32,479 Speaker 1: aren't really doing anything and doing nothing but punishing kids 598 00:30:32,600 --> 00:30:37,960 Speaker 1: for for transferring schools. Are are punishing kids for for 599 00:30:38,200 --> 00:30:40,800 Speaker 1: our cutting kids cutting kids for not having the talent 600 00:30:41,000 --> 00:30:44,640 Speaker 1: or not playing well or etcetera. But you they'll they'll 601 00:30:44,680 --> 00:30:47,920 Speaker 1: pay a coach to million dollars to go home. And 602 00:30:47,960 --> 00:30:50,960 Speaker 1: now we're seeing this bribery scandal with the FBI, which 603 00:30:50,960 --> 00:30:53,920 Speaker 1: is mostly college basketball right now, but but kids are 604 00:30:53,960 --> 00:30:56,600 Speaker 1: in some ways being made the villain here for taking 605 00:30:56,640 --> 00:30:59,480 Speaker 1: a seventy dollar check to go to X university or 606 00:30:59,520 --> 00:31:02,160 Speaker 1: something with a take four hundred dollars. You know, they're 607 00:31:02,200 --> 00:31:04,760 Speaker 1: they're they're killing the kid from Michigan State over four 608 00:31:04,840 --> 00:31:07,960 Speaker 1: hundred dollars. I mean they said they took his parents 609 00:31:08,000 --> 00:31:10,800 Speaker 1: to a seventy one dollar dinner. I mean, what are 610 00:31:10,840 --> 00:31:13,719 Speaker 1: we talking about here? Are we talking about? Who's the 611 00:31:13,720 --> 00:31:15,040 Speaker 1: head of the n C of Double A and how 612 00:31:15,080 --> 00:31:17,120 Speaker 1: much does he make and what exactly does he do? 613 00:31:17,720 --> 00:31:20,320 Speaker 1: You know? How about that scheme and that scandal? I mean, 614 00:31:20,360 --> 00:31:23,240 Speaker 1: what what what kind of you know, what what kind 615 00:31:23,240 --> 00:31:25,480 Speaker 1: of what kind of scheme are they running? Where? Where 616 00:31:25,480 --> 00:31:29,480 Speaker 1: they make six five six billion dollars for managing and 617 00:31:29,560 --> 00:31:34,040 Speaker 1: overseeing tournaments and in games, and to make sure the 618 00:31:34,080 --> 00:31:37,640 Speaker 1: most egregious thing these kids do is, oh, he took 619 00:31:37,680 --> 00:31:40,000 Speaker 1: four hundred dollars or he took seventy tho dollars. Well, 620 00:31:40,000 --> 00:31:42,280 Speaker 1: he could have not gone to college at all and 621 00:31:42,320 --> 00:31:44,080 Speaker 1: just went to the NFL and got millions of dollars 622 00:31:44,120 --> 00:31:46,080 Speaker 1: and not have to deal having to deal with this. 623 00:31:46,120 --> 00:31:48,440 Speaker 1: And I think that's that's the decision that a lot 624 00:31:48,440 --> 00:31:50,080 Speaker 1: more kids are gonna make. You know, they can take 625 00:31:50,120 --> 00:31:52,840 Speaker 1: the European circuit way, because what's the point of making 626 00:31:52,960 --> 00:31:54,640 Speaker 1: making the n c double A money when you don't 627 00:31:54,640 --> 00:31:56,800 Speaker 1: have to, when you can just make yourself money. Football 628 00:31:56,840 --> 00:32:00,560 Speaker 1: obviously doesn't have the European option. Um, if you look 629 00:32:00,600 --> 00:32:02,240 Speaker 1: into your crystal ball, what do you think the future 630 00:32:02,280 --> 00:32:04,880 Speaker 1: is of of the n c A, I don't I 631 00:32:04,920 --> 00:32:06,880 Speaker 1: don't know. I mean, there are a billion dollar business 632 00:32:06,960 --> 00:32:09,960 Speaker 1: and and usually when you make billions, you find a 633 00:32:10,000 --> 00:32:13,120 Speaker 1: way to manipulate the laws and the rules in your favor. Um, 634 00:32:13,200 --> 00:32:16,280 Speaker 1: these players are gonna have a hard time fighting against money, um, 635 00:32:16,280 --> 00:32:18,360 Speaker 1: when they don't have any whether they get a union 636 00:32:18,480 --> 00:32:20,800 Speaker 1: or not, fighting against billions of dollars when you don't 637 00:32:20,840 --> 00:32:23,000 Speaker 1: have anything, and and you're only in school three or 638 00:32:23,040 --> 00:32:26,960 Speaker 1: four years, and there's constant um, there's constant cycling of players. 639 00:32:27,120 --> 00:32:29,680 Speaker 1: It's gonna be tough for them to make consistent argument. 640 00:32:29,760 --> 00:32:32,800 Speaker 1: But um, I hope, I hope that they find a 641 00:32:32,840 --> 00:32:35,280 Speaker 1: way to get these players something. You know. They take 642 00:32:35,320 --> 00:32:37,520 Speaker 1: their time, they take their energy, they take their money, 643 00:32:37,840 --> 00:32:41,360 Speaker 1: they take their bodies. Um, there's no there's no lifetime 644 00:32:41,360 --> 00:32:42,880 Speaker 1: health care for these kids. If you break your neck 645 00:32:42,880 --> 00:32:45,520 Speaker 1: in college football in a few years, I mean once 646 00:32:45,560 --> 00:32:47,160 Speaker 1: they put it back together, they don't care about you. 647 00:32:47,200 --> 00:32:49,360 Speaker 1: They push you to the side, and now you're dealing 648 00:32:49,440 --> 00:32:51,000 Speaker 1: with a broken neck for the rest of your life. Hey, 649 00:32:51,000 --> 00:32:54,160 Speaker 1: you've got a great education of full ride, but you 650 00:32:54,160 --> 00:32:56,920 Speaker 1: you have your your C two and C three fews 651 00:32:56,960 --> 00:32:59,080 Speaker 1: together for the rest of your life. And good luck, 652 00:32:59,480 --> 00:33:02,000 Speaker 1: you know there's now now you have a pre existing condition. 653 00:33:02,280 --> 00:33:05,400 Speaker 1: Good luck getting healthcare anywhere. Um. And people don't think 654 00:33:05,400 --> 00:33:06,960 Speaker 1: about that. People don't care about that because they say, 655 00:33:06,960 --> 00:33:09,520 Speaker 1: these kids got a free education. Meanwhile, their coaches are 656 00:33:09,560 --> 00:33:12,000 Speaker 1: making sitting there making ten fifteen million dollars, doing a 657 00:33:12,080 --> 00:33:14,600 Speaker 1: terrible job and get fired and get paid to go home. 658 00:33:15,280 --> 00:33:17,120 Speaker 1: It's like, hey, good luck to this kid with a 659 00:33:17,160 --> 00:33:19,360 Speaker 1: broken neck. Coach, you did an awful job, but here's 660 00:33:19,400 --> 00:33:22,600 Speaker 1: fifteen million dollars go home. We appreciate your efforts. I 661 00:33:22,600 --> 00:33:25,040 Speaker 1: brought up John Cena earlier, curious for your take on 662 00:33:25,200 --> 00:33:27,680 Speaker 1: the soon to come option. Is there a market for 663 00:33:27,680 --> 00:33:30,920 Speaker 1: the XFL reboot? Uh, there's a market for it, but 664 00:33:31,400 --> 00:33:34,240 Speaker 1: I mean people, if you if people are going soft 665 00:33:34,280 --> 00:33:37,080 Speaker 1: on the NFL and and how physical this game is becoming, 666 00:33:37,160 --> 00:33:41,040 Speaker 1: I see no market for for that because it's too 667 00:33:41,120 --> 00:33:42,760 Speaker 1: much for a physical game. They won't have the rules 668 00:33:42,800 --> 00:33:46,600 Speaker 1: of the NFL, the helmet to helmet, the player's safety, 669 00:33:47,360 --> 00:33:49,920 Speaker 1: UM concerns. None of that will be a concern in 670 00:33:49,960 --> 00:33:52,080 Speaker 1: the XFL. But it's going to be safer and more 671 00:33:52,120 --> 00:33:55,760 Speaker 1: exciting and one way exactly that. You know you'll have 672 00:33:55,760 --> 00:33:58,920 Speaker 1: a hard time selling that. UM and and like I say, people, 673 00:33:59,040 --> 00:34:01,800 Speaker 1: people haven't the people haven't stop watching boxing. I want 674 00:34:01,800 --> 00:34:04,840 Speaker 1: to bring it back to where you began with cryptocurrency. 675 00:34:05,080 --> 00:34:06,680 Speaker 1: We hear it's a bubble. I mean, this is not 676 00:34:06,720 --> 00:34:08,560 Speaker 1: a conversation we have every day with the athletes. How 677 00:34:08,560 --> 00:34:13,520 Speaker 1: should people treat cryptos just like you treat any other investment? UM, 678 00:34:13,680 --> 00:34:17,359 Speaker 1: be informed, do your research, um, and invest at your 679 00:34:17,400 --> 00:34:21,920 Speaker 1: own at your own uh, at your own risk. I'll 680 00:34:21,920 --> 00:34:24,759 Speaker 1: say at risk, yeah, at your own risk, because there's 681 00:34:25,640 --> 00:34:28,040 Speaker 1: everything is at risk at this point. I think you 682 00:34:28,200 --> 00:34:32,200 Speaker 1: have a lot of stock stock and hedge fund managers 683 00:34:32,200 --> 00:34:34,640 Speaker 1: that that say, man, Krypto, it's a fat it's a 684 00:34:35,239 --> 00:34:39,000 Speaker 1: it's it's it's it's gonna bubble, It's gonna the bubble 685 00:34:39,040 --> 00:34:42,560 Speaker 1: is gonna pop. But you see, the stock market is 686 00:34:42,600 --> 00:34:45,400 Speaker 1: incredibly volatile right now. People are losing tens of thousands 687 00:34:45,440 --> 00:34:49,319 Speaker 1: of dollars every day, um, and nobody's giving them their 688 00:34:49,320 --> 00:34:51,759 Speaker 1: money back. Nobody's saying, hey, well, that's my bad. We 689 00:34:51,760 --> 00:34:54,480 Speaker 1: we we judged that one wrong. Um, here's here's your 690 00:34:54,480 --> 00:34:56,279 Speaker 1: money back. You know, they're just saying, oh, this is 691 00:34:56,320 --> 00:34:58,919 Speaker 1: part of the cycle of you know, so when when 692 00:34:59,000 --> 00:35:01,200 Speaker 1: crypto is doing great, they're saying, oh, this is just 693 00:35:01,280 --> 00:35:02,919 Speaker 1: a bubble. When it's doing bad, they're like, to see, 694 00:35:02,960 --> 00:35:05,440 Speaker 1: I told you it's it's terrible. It's just it's gonna 695 00:35:05,480 --> 00:35:08,279 Speaker 1: it's gonna go all to zero. What is it about 696 00:35:08,280 --> 00:35:11,200 Speaker 1: cryptocurrencies and athletes that seem to go so hand in hand. 697 00:35:11,200 --> 00:35:12,759 Speaker 1: I mean, I feel like every locker room I walk 698 00:35:12,800 --> 00:35:16,440 Speaker 1: into is like video games and crypto. Uh yeah, Fortnite 699 00:35:16,440 --> 00:35:20,680 Speaker 1: in crypto. Um, it's just innovative. It's it's progressive. Um, 700 00:35:20,760 --> 00:35:23,920 Speaker 1: it's it's on the edge. I think a lot of 701 00:35:23,960 --> 00:35:27,680 Speaker 1: guys are are starting to to move that direction. Anything 702 00:35:27,760 --> 00:35:32,759 Speaker 1: that's cutting edge, that's um, that seems like it could 703 00:35:32,800 --> 00:35:34,759 Speaker 1: be the future. And I think crypto could be a 704 00:35:34,840 --> 00:35:38,799 Speaker 1: future of a lot of things. Um. And I think 705 00:35:38,840 --> 00:35:41,160 Speaker 1: it's just being fought by money. Just like n C 706 00:35:41,200 --> 00:35:43,040 Speaker 1: double A. You're not going to change things when big 707 00:35:43,080 --> 00:35:47,279 Speaker 1: money is already established. How do you trade or buy cryptos? Well, 708 00:35:47,320 --> 00:35:49,759 Speaker 1: I use coping Hood to to trade because you know 709 00:35:49,840 --> 00:35:51,719 Speaker 1: that you can do it without the fee. UM. I 710 00:35:51,840 --> 00:35:53,319 Speaker 1: used to use like coin based and a lot of 711 00:35:53,360 --> 00:35:56,520 Speaker 1: other platforms, but you know, they're cutting into my profits 712 00:35:56,520 --> 00:35:58,960 Speaker 1: every time I'm trying to trade. I could do ten 713 00:35:59,000 --> 00:36:02,120 Speaker 1: fifteen trades a day and my boys over here, you know, fine, 714 00:36:02,600 --> 00:36:05,440 Speaker 1: fine by the seat of my pants, um, and and 715 00:36:05,560 --> 00:36:07,960 Speaker 1: my profits are getting cut into. So you get app 716 00:36:08,080 --> 00:36:10,719 Speaker 1: you know like cobin Hood that that popo designed the 717 00:36:10,760 --> 00:36:15,640 Speaker 1: founder who's who's incredibly adept at understanding crypto and blockchain 718 00:36:15,719 --> 00:36:20,440 Speaker 1: technology in general. Um, then it really allows you to 719 00:36:20,480 --> 00:36:23,920 Speaker 1: trade freely and I can trade. Right after we get 720 00:36:23,920 --> 00:36:26,360 Speaker 1: out of here. I'm finishing up a few trades with 721 00:36:26,440 --> 00:36:31,719 Speaker 1: a few uh different bitcoin and ethereum, and I think 722 00:36:31,760 --> 00:36:33,960 Speaker 1: it's gonna be it's gonna blow up and boom. Well, 723 00:36:33,960 --> 00:36:37,759 Speaker 1: we've been around the world, Richard Cryptocurrency Thursday, Football Millennials. 724 00:36:37,800 --> 00:36:39,640 Speaker 1: Thanks very much for being here. Thank you very much. 725 00:36:39,680 --> 00:36:43,200 Speaker 1: I appreciate you having me takeaways from Richard Sherman eben 726 00:36:43,360 --> 00:36:46,399 Speaker 1: for me. And I'm always impressed when we sit down 727 00:36:46,400 --> 00:36:49,560 Speaker 1: with athletes and they can talk about so much more 728 00:36:49,640 --> 00:36:53,880 Speaker 1: than XS and os. Not every day we talk cryptocurrencies 729 00:36:53,880 --> 00:36:55,719 Speaker 1: with athletes, And I know it's sort of something he's 730 00:36:55,760 --> 00:36:57,239 Speaker 1: doing on the side, is getting paid to talk. I 731 00:36:57,280 --> 00:36:59,920 Speaker 1: get it, but he seems to take an interest in it. 732 00:37:00,040 --> 00:37:02,560 Speaker 1: He seems to really want to understand it. And it's 733 00:37:02,600 --> 00:37:06,839 Speaker 1: that kind of engagement is what the pro sports unions need. 734 00:37:07,239 --> 00:37:10,840 Speaker 1: They need players like Richard Sherman who want to get involved, 735 00:37:11,120 --> 00:37:14,280 Speaker 1: who want to know, who want to delve into detail, 736 00:37:14,680 --> 00:37:19,120 Speaker 1: who want to take an interest in what the union 737 00:37:19,280 --> 00:37:21,960 Speaker 1: is doing in the players versus the owners. Because if 738 00:37:21,960 --> 00:37:23,920 Speaker 1: you're just laz a fair and you sit back like 739 00:37:23,960 --> 00:37:27,280 Speaker 1: somebody else will take care of it. That's why owners 740 00:37:27,360 --> 00:37:31,520 Speaker 1: so often get whatever they want or a lot in 741 00:37:31,560 --> 00:37:34,480 Speaker 1: collective bargaining and through that business savvy lens, we got 742 00:37:34,480 --> 00:37:37,480 Speaker 1: a good look at how Richard Sherman views the sport 743 00:37:37,520 --> 00:37:40,359 Speaker 1: of football and the National Football League, and he said 744 00:37:40,360 --> 00:37:43,080 Speaker 1: it himself. You heard him. He's bullish on the NFL 745 00:37:43,160 --> 00:37:45,959 Speaker 1: and pro football as an idea. You know, he would 746 00:37:46,040 --> 00:37:48,160 Speaker 1: let his kids play. We talked a bit about the 747 00:37:48,200 --> 00:37:50,879 Speaker 1: health and safety. It's not a huge concern for him. 748 00:37:50,880 --> 00:37:54,920 Speaker 1: He understands the risks. However, he is not bullish on 749 00:37:54,960 --> 00:37:57,839 Speaker 1: the direction the NFL is taking right now. He does 750 00:37:57,880 --> 00:38:01,000 Speaker 1: not appreciate a lot of graduate could tell his leadership. 751 00:38:01,200 --> 00:38:03,120 Speaker 1: He believes that there's a lot of lessons to be 752 00:38:03,160 --> 00:38:05,520 Speaker 1: taken from the NBA. So while he is bullish and 753 00:38:05,560 --> 00:38:07,839 Speaker 1: would buy NFL in a long term if it were 754 00:38:07,840 --> 00:38:10,279 Speaker 1: an investment, there's a lot he sees that needs to 755 00:38:10,280 --> 00:38:15,359 Speaker 1: be cleaned up right now. Feels better to be number 756 00:38:15,360 --> 00:38:17,400 Speaker 1: one than number five. I'll wear a number because of Mike. 757 00:38:17,560 --> 00:38:19,040 Speaker 1: We have a chance to go for three in a row. 758 00:38:19,120 --> 00:38:21,040 Speaker 1: Kids numbers in a good time, and I first started 759 00:38:21,080 --> 00:38:24,480 Speaker 1: wearing the number, I would just have the floomberg business 760 00:38:24,480 --> 00:38:28,959 Speaker 1: of sports the number of the week. All right, let's 761 00:38:28,960 --> 00:38:30,960 Speaker 1: move on to our number of the week. And we're 762 00:38:31,000 --> 00:38:34,560 Speaker 1: not gonna go so hard business here. We're doing feel good. 763 00:38:34,840 --> 00:38:37,719 Speaker 1: So the number is thirty four. I'm not gonna put 764 00:38:37,719 --> 00:38:40,040 Speaker 1: you on the spot, but if people have not seen it, 765 00:38:40,480 --> 00:38:44,399 Speaker 1: a basketball player at Iowa, sophomore Jordan Bohanan had hit 766 00:38:44,480 --> 00:38:48,680 Speaker 1: thirty four consecutive free throws. Now years ago, another Iowa player, 767 00:38:48,760 --> 00:38:50,640 Speaker 1: Chris Street, had thirty four in a row for the 768 00:38:50,640 --> 00:38:53,320 Speaker 1: school record, and then he was killed in a car crash, 769 00:38:53,360 --> 00:38:55,439 Speaker 1: so he never got a chance to take number thirty five. 770 00:38:55,840 --> 00:38:59,880 Speaker 1: So bo Haddan steps to the line and he intentionally misses, 771 00:39:00,480 --> 00:39:03,640 Speaker 1: so that Chris Street will always be in the record 772 00:39:03,680 --> 00:39:07,239 Speaker 1: book at thirty four. Kind of thing we like to see. 773 00:39:07,320 --> 00:39:10,399 Speaker 1: It's a great Yesterre. I ask you the question, if 774 00:39:10,440 --> 00:39:13,680 Speaker 1: this was the Big ten semifinal championship game, whatever, if 775 00:39:13,680 --> 00:39:16,320 Speaker 1: it was an important game and the score was close, 776 00:39:16,400 --> 00:39:18,000 Speaker 1: what we should say they were up by like seven? 777 00:39:19,480 --> 00:39:21,600 Speaker 1: Do we think he does the same thing? How much 778 00:39:21,600 --> 00:39:23,680 Speaker 1: of this was a product of the situation, and how 779 00:39:23,760 --> 00:39:26,000 Speaker 1: much of this was him deciding that he was going 780 00:39:26,040 --> 00:39:28,520 Speaker 1: to do a good thing no matter what the game situation, Well, 781 00:39:28,520 --> 00:39:31,480 Speaker 1: it seems he has for some sort of relationship with 782 00:39:31,520 --> 00:39:35,719 Speaker 1: the Street family. They were there, so tie game one 783 00:39:35,760 --> 00:39:38,839 Speaker 1: second to go. I'm not sure, and even the coach said, 784 00:39:38,880 --> 00:39:40,560 Speaker 1: I'm not I didn't know he was gonna do it, 785 00:39:41,520 --> 00:39:47,799 Speaker 1: But I'm gonna say I wouldn't be surprised if, no 786 00:39:47,840 --> 00:39:51,280 Speaker 1: matter the score, no matter the situation, this kid missed 787 00:39:51,280 --> 00:39:53,880 Speaker 1: the shop. I don't know. I'm just saying I wouldn't 788 00:39:54,040 --> 00:39:56,960 Speaker 1: be surprised. Worth noting that he got found later in 789 00:39:56,960 --> 00:39:58,560 Speaker 1: the game, went up and hit both free through us 790 00:39:58,600 --> 00:40:00,200 Speaker 1: and now he'll go to thirty four again and have 791 00:40:00,239 --> 00:40:01,840 Speaker 1: to miss again. And we'll do this in three months. 792 00:40:01,960 --> 00:40:04,279 Speaker 1: You've been listening to Bloomberg Business of Sports. We're here 793 00:40:04,280 --> 00:40:06,400 Speaker 1: each and every week at the same time, exploring the 794 00:40:06,440 --> 00:40:08,920 Speaker 1: world of money in sports. I'm Evan Novi Williams and 795 00:40:08,920 --> 00:40:11,160 Speaker 1: I'm Scott Sashnik. Thanks for joining us. Please tune in 796 00:40:11,239 --> 00:40:13,440 Speaker 1: next week when we speak with the biggest and brightest 797 00:40:13,440 --> 00:40:16,240 Speaker 1: in the sports business industry. You're listening to Bloomberg Business 798 00:40:16,280 --> 00:40:19,400 Speaker 1: and Sports from Bloomberg Radio around the world and online 799 00:40:19,400 --> 00:40:21,120 Speaker 1: as an Apple podcast on iTunes.