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Speaker 1: You're listening to Bloomberg Business of Sports from Bloomberg Radio.

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Speaker 1: Hi everyone, I'm Jason Kelly, and I'm Mike Lynch and

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Speaker 1: I'm Michael Barr. And this is the Bloomberg Business of

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Speaker 1: Sports podcast, where we explore the big money issues in

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Speaker 1: the world of sports. All Right, A lot to talk

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Speaker 1: about on this Monday. Host prerogative, Hoya prerogative. We gotta

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Speaker 1: start with Georgetown, Patrick Ewing delivering the chip in Madison

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Speaker 1: Square Garden and man, what a ride. They were picked

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Speaker 1: last in the conference, guys, is the first time this

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Speaker 1: has ever happened preseason dead last. They walk out champions

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Speaker 1: from Madison Square Garden and they're in the n C

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Speaker 1: Double A Tournament first time with coach Ewing at the

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Speaker 1: top of the table there and leading this team in

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Speaker 1: a very familiar place. But I gotta take us back

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Speaker 1: to earlier in the tournament. I obviously have been watching

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Speaker 1: this very keenly, and uh, I think the word is

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Speaker 1: disrespect is what coach Patrick Ewing felt. Check out what

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Speaker 1: he had to say at one of his early press conferences.

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Speaker 1: I thought this was my building, and I feel terrible

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Speaker 1: that I'm getting stopped, accosted asking for passes. Everybody in

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Speaker 1: this building should know who the hell I am. And

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Speaker 1: I'm getting stopped. I can't move around this building. Like

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Speaker 1: I was, like, what the hell is this master squared on?

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Speaker 1: I'm gonna have to call Mr Dolan and said, jeezus

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Speaker 1: is my number and the rafters or what? Yeah, that's

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Speaker 1: Coach Hewing. His number is in the rafters by the way,

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Speaker 1: of course, legendary New York Nick a reference to the owner,

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Speaker 1: the often maligned owner of the New York Knicks, Mr Dolan.

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Speaker 1: Uh So Lynchy. Stepping back from that, you sort of here,

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Speaker 1: you know, maybe a little bit of the fire that

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Speaker 1: was in the belly of Coach Ewing and the Hoyas.

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Speaker 1: No one expected him to be there, that's for sure,

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Speaker 1: but but here they are. It's a great story. You know.

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Speaker 1: I actually thought i'd had the morning off because Georgetown.

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Speaker 1: I knew you'd be all over this being a which

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Speaker 1: town of lum and Michael barr is going to be

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Speaker 1: throwing Michigan as the number one seat in my face.

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Speaker 1: I'm actually honored that you guys actually let me have

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Speaker 1: a have a word or two. We're in here today.

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Speaker 1: Since the IVY League decided not to participate. I really

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Speaker 1: don't have any team to talk about here, but this

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Speaker 1: is the Patrick Ewing that I saw at Cambridge Inge

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Speaker 1: and Latin High School. That we all start playing at Georgetown,

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Speaker 1: that we all start playing for the New York Knicks.

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Speaker 1: And I couldn't be happier for him. Uh, you know,

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Speaker 1: when they knocked off Villanova, I said, you gotta be

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Speaker 1: kidding me. I said, Okay, you know, nice little, great

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Speaker 1: moment for them, and they'll probably lose as a seat

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Speaker 1: in all and boom they run the table and that

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Speaker 1: fire and that passion, and and I love the connection

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Speaker 1: that we still has with John Thompson and uh and

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Speaker 1: Mary both both looking down on him doing a jig

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Speaker 1: right now somewhere up up in heaven. And couldn't be

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Speaker 1: happier for him. And I couldn't be happy for you, Jason,

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Speaker 1: because you get to really just strut your stuff for

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Speaker 1: at least five days around at least. So I'm glad you.

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Speaker 1: I'm glad you mentioned coach Thompson. Bar I want to

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Speaker 1: ask you about this on on the other side, but

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Speaker 1: let's listen to what coach you had to say about

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Speaker 1: the late great John Thompson. It was ironic that forty

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Speaker 1: plus years ago coach Thompson was hired at Georgetown and

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Speaker 1: it was on this day that he was hired. And

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Speaker 1: you know today we won the Big East championship. They

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Speaker 1: had us ranked last, you know, and I keep talking

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Speaker 1: about that Drake song started from the bottom. Now we're here.

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Speaker 1: We started at the bottom. Now we're number one, number

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Speaker 1: one indeed in the Big Eastern. And Michael Barr, the

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Speaker 1: coach Thompson through line here is a really really important

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Speaker 1: one and cannot be underestimated. Oh yeah, we were talking.

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Speaker 1: We did an interview uh several weeks back when we

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Speaker 1: talked about the book that was out on on on

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Speaker 1: the Coach and just some of the stories about him,

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Speaker 1: just a down to earth guy who realized every day

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Speaker 1: that you have to set an example, and that's what

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Speaker 1: he did. Any of has carried on and now it

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Speaker 1: is Patrick Ewing uh is taking on that that mental

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Speaker 1: and it shows. And here you guys are in the

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Speaker 1: you won the Big East End, you're in the Big Dance.

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Speaker 1: And so Lynchy, I think it's worth noting, especially because

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Speaker 1: we're all obviously big sports fans, but this is the

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Speaker 1: business of sports. I mean, these two guys in many ways,

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Speaker 1: first Coach Thompson with Patrick Ewing of course winning that

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Speaker 1: national championship, but then on to the rest of their

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Speaker 1: individual careers with coach Thompson continuing to coach Georgetown for

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Speaker 1: another two decades plus after that almost three decades, then

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Speaker 1: you have Patrick Ewing going to the league. These guys

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Speaker 1: changed the business of college basketball in the eighties, and

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Speaker 1: then Patrick Ewing really changed the business of the NBA.

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Speaker 1: When you think about the iconic players, the players who

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Speaker 1: pushed the NBA really into the zeitgeist of the business world,

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Speaker 1: especially you gotta go back to you Ing, the Knicks,

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Speaker 1: and and he's just continuing on in many ways. I

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Speaker 1: look at the television contracts that just that took off

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Speaker 1: when those two guys put their stamp on college basketball. Uh,

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Speaker 1: the Big remember Big Monday, Big Wednesday, the big contract

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Speaker 1: that the Big East had, and then the CBS took

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Speaker 1: over the uh the Big East Tournament in Madison Square Garden.

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Speaker 1: When viewings with the Knicks, the MSG network subscriptions just exploded.

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Speaker 1: And that that's, you know, the financial impact they had

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Speaker 1: on college basketball and pro basketball along parallel careers. Really

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Speaker 1: and of course doing it in two major cities, Washington,

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Speaker 1: D C. And New York City. Um, really changed the

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Speaker 1: face of of of college basketball. Before that, it was

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Speaker 1: kind of regional. You had U C l A, West

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Speaker 1: North Carolina down in the South, and then they just

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Speaker 1: took this Big East to a new level and made

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Speaker 1: that the that the toughest conference in college basketball. Well,

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Speaker 1: and I'm glad you brought up the Big East in

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Speaker 1: part because you know, we have this now reconstituted Big East,

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Speaker 1: which I have to say, you know, now, finally, finally,

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Speaker 1: and I think UH Commissioner Val Ackerman, who has been

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Speaker 1: a guest on this show, would would echo this, although

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Speaker 1: I'm sure she's would be a little more positive than

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Speaker 1: I am about this. But you know, the Big East

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Speaker 1: has languished a little bit, you know, after losing Syracuse.

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Speaker 1: You know, they essentially put all their chips onto basketball

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Speaker 1: and let the football centric schools go by the wayside.

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Speaker 1: They brought in the Craytons and the Butlers of the

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Speaker 1: world to really form this basketball conference. But in order

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Speaker 1: to get the big money, in order to really attract

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Speaker 1: the attention Michael Barr, you gotta win. And so having

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Speaker 1: a Georgetown resurgent with an iconic coach like coach Ewing,

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Speaker 1: that's good for business. And you have to imagine. And

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Speaker 1: I was talking to my brother who also went to

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Speaker 1: Georgetown about this last night as we were reliving the

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Speaker 1: the weekend. You know, next year's Madison Square Gardens centric

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Speaker 1: Big East Tournament, it's going to be even more exciting

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Speaker 1: because Georgetown Villanova, you know, really back in action. And

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Speaker 1: I think that that is a that is a true

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Speaker 1: business story in a lot of ways. Oh yeah, just

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Speaker 1: getting to the big dance. That's big business for any

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Speaker 1: of these colleges. And if you want the opposite, you

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Speaker 1: know who, we're not talking about Duke or Louisville because

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Speaker 1: in fact, they've said no thanks even going to the

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Speaker 1: n I T. So we are in the middle of

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Speaker 1: right now. Uh, going through what's happening for Georgetown. Uh,

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Speaker 1: it really is special and you have a superstar coach

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Speaker 1: who's there and and he's bringing a big name in

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Speaker 1: business to it. Yeah, I think that's right. And so

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Speaker 1: I think the the economics of this will continue to

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Speaker 1: be interesting in something that we'll watch. We'll also be

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Speaker 1: watching closely obviously throughout the next couple of weeks. We'll

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Speaker 1: talk about it a lot on the show. This kind

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Speaker 1: of different n C double a tournament, all going to

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Speaker 1: be in Indianapolis, you know, fingers crossed and and all

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Speaker 1: hopes that they can all follow the protocols. You are

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Speaker 1: going to have a lot of different teams from a

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Speaker 1: lot of different places, all descending a lot of protocols

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Speaker 1: in place to to hopefully keep everybody safe. Because I

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Speaker 1: really want and uh and I feel like to some

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Speaker 1: extent need a tournament. Um, let's move on to the NFL,

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Speaker 1: because we got somebody stepping back and somebody's stepping up.

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Speaker 1: Let's start with the stepping back the retirement of Drew Brees.

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Speaker 1: And you know Drew Brees well known for many different things,

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Speaker 1: a scrappy guy across two decades. But let's take a

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Speaker 1: listen to how he announced his retirement after fifteen years

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Speaker 1: in the same in twenty years in the NFL, is

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Speaker 1: finally gonna time so they can Yeah, those are Drew Brees.

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Speaker 1: Is four kids announcing via the Internet and Instagram and

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Speaker 1: all those great social platforms that their dad is going

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Speaker 1: to be stepping down. You know, Lenchy, I feel like

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Speaker 1: of the three of us, you probably saw him more

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Speaker 1: up close and personal throughout the course of your career

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Speaker 1: and his career. What do you make of Drew Brees

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Speaker 1: and his impact on the NFL. Well, I keep thinking

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Speaker 1: back when they won that Super Bowl after Hurricane Katrina. Um,

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Speaker 1: you know he was there. Was just devastating for the

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Speaker 1: people of New Orleans and the only hope they had

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Speaker 1: something that could cling to once a week was the

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Speaker 1: football team, and the football team made a connection and

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Speaker 1: the face of that franchise, let's face it has been

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Speaker 1: Drew Brees. To me, That's that was the biggest thing

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Speaker 1: I remember about his career. Yes, just the all time

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Speaker 1: leader in total yardis and all kinds of stats. But

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Speaker 1: for me, and then when he won the Super Bowl,

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Speaker 1: that iconic image of the headphones on his on his

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Speaker 1: little son there um when the confetti was was reigning down.

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Speaker 1: That's what I'll think of of Drew Brees. I also

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Speaker 1: think of him pasting the Patriots on a Monday night

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Speaker 1: game one night when I will out here and uh,

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Speaker 1: his um, his his His offensive coordinator Pete Carmichael, who

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Speaker 1: does not call the place, but he stills. The offensive

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Speaker 1: coordinator is a is a local guy here from Boston

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Speaker 1: and he just uh, he just raves about him. He

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Speaker 1: just said, this guy is another coach on the field. Uh.

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Speaker 1: He's welcoming to every new rookie that comes in. He

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Speaker 1: walks over and introduces himself. Hi, I'm Drew Brees, Jason

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Speaker 1: and Michael. Welcome to the New Orleans Saints. Not many

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Speaker 1: guys do that. They make your sort of earn your

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Speaker 1: own your stripes when you come in. And that's the

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Speaker 1: difference between Drew as a professional and personally as well.

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Speaker 1: Uh and the impact he made, well, we certainly talked

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Speaker 1: about iconic uh businesspeople, iconic athletes. Drew Brees was both

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Speaker 1: in many ways and and Bar you know, it's interesting

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Speaker 1: that Lynch brings up his deep, deep association really, you know,

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Speaker 1: with the culture, the economy in many ways of New Orleans.

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Speaker 1: You know that the devastating of Hurricane Katrina. I covered

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Speaker 1: it for Bloomberg. I mean it is it is hard

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Speaker 1: to describe, and you know, so many things have happened

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Speaker 1: in the intervening uh fifteen years or so, but uh,

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Speaker 1: he really was associated with the rebirth in many ways

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Speaker 1: and brought people back to New Orleans. And Uh, they

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Speaker 1: are not going to see the likes of him, I

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Speaker 1: think for for a long time there, Uh in that sitting,

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Speaker 1: putting aside the the effects of the hurricane, because we

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Speaker 1: all remember that and it was just horrible just on

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Speaker 1: the team itself. The Saints. Remember, they were floundering, they

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Speaker 1: didn't have much going and all of a sudden, here

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Speaker 1: comes Drew Brees and he's coming in on the horseman

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Speaker 1: and and all of a sudden it all came together

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Speaker 1: and it was I always thought in sports that was

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Speaker 1: the feel good story of the year. Yeah. Absolutely, and uh,

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Speaker 1: it is amazing to think about what he accomplished. I

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Speaker 1: will say, from a personal perspective, my older son, who's

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Speaker 1: now eighteen, for a decade plus was just a huge

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Speaker 1: Saints fan and a Breeze fan. And I remember, you know,

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Speaker 1: one of my best best memories as a dad is

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Speaker 1: taking him, um and our other kids to a game

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Speaker 1: at the Superdome. And I will tell a little bit

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Speaker 1: of a story on him with which both of you

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Speaker 1: will appreciate as big sports fans that we went. Uh.

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Speaker 1: It was the year after they you know, got nailed

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Speaker 1: by the NFL and so they had players suspended and

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Speaker 1: all these different things. It was a tough season. They lost.

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Speaker 1: Interestingly enough, given what we're about to talk about in

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Speaker 1: a minute to the Panthers, the Cam Newton lead Panthers

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Speaker 1: there in the Superdome, and so they lose the game

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Speaker 1: the Saints do. We walk out of the Superdome, you know,

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Speaker 1: a little disappointed, and we say, all right, well, you

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Speaker 1: know we're gonna go like, let's go hang out in

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Speaker 1: the French Quarter do whatever. And uh, my son Will says, no,

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Speaker 1: how can how can you celebrate? They just lost? I'm

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Speaker 1: going back to the hotel. His poor little shoulders, you know,

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Speaker 1: wearing his number nine jersey were slumped over, and so

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Speaker 1: and my wife went back to the hotel and he

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Speaker 1: just needed them alone time after you know, watching his

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Speaker 1: zero uh you know, falter falter on the field. So

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Speaker 1: that's the sort of devotion that Drew Brees inspired, even

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Speaker 1: from a little kid living in New York. So our

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Speaker 1: best to Drew Brees. I mean, he also is one

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Speaker 1: of these guys who you think about his post playing career.

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Speaker 1: He's been an incredibly successful spokesman for a number of things.

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Speaker 1: He owned some Jimmy John's franchises, some Duncan franchises. Close

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Speaker 1: to your heart, uh Lynchy. So we'll see what he

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Speaker 1: does next. Meanwhile, speaking of Cam Newton, Uh, coming back

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Speaker 1: to the Pats? What what Lynch? What's going on up?

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Speaker 1: Oh my goodness, I heard screaming out windows. I heard

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Speaker 1: car break screeching on highways. It was stating happened early

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Speaker 1: last week and early in the morning. And this just

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Speaker 1: sent this city into a dizzy because I think everybody

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Speaker 1: was applauded the he tried really hard last year, but

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Speaker 1: his playing days are over. And then we get an

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Speaker 1: announcement that he's signed a one year, fourteen million dollar

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Speaker 1: deal to come back to the Patriots. Now, I know

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Speaker 1: this is the business of sports. That don't get that's

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Speaker 1: kind of a little bit misleading. Only three and a

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Speaker 1: half million that is guaranteed. It's a two million dollar

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Speaker 1: signing bonus a million and a half in salary. And

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Speaker 1: as the more we're studying this thing, it's basically somebody's

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Speaker 1: sitting in the chair. Because the Patriots have about sixty

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Speaker 1: six million under the cap to spend with free agency

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Speaker 1: when it starts in about a forty eight hours, and

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Speaker 1: when they're going in trying to court tight ends and

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Speaker 1: wide receivers, they just want to say, well, we get

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Speaker 1: somebody in the seat, it's Cam Newton, and they may

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Speaker 1: rather than having Cam Newton in the seat for three

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Speaker 1: and a half million guaranteed is better than having an

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Speaker 1: empty seat at quarterback at this particular point, I'm not

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Speaker 1: convinced that Cam Newton is going to be the starting

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Speaker 1: quarterback comes come September. I'm not sure we go even

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Speaker 1: be on the roster come September. It could be Marcus Mariota,

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Speaker 1: it could be someone like Mac Jones of Alabama. But

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Speaker 1: right now they've got somebody there, a veteran there to

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Speaker 1: try to lure somebody like Juju Smith Schuster or a

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Speaker 1: Corey Davis or a Hunter Henry or something like that,

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Speaker 1: because they need help. And everyone thinks that this is

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Speaker 1: gonna be the Belichick revenge Tour this this spring, starting

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Speaker 1: on st. Patrick's sad that he's going to go out

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Speaker 1: and spend he's gonna rebuild this team and he's going

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Speaker 1: to become a contender again. Well they you know, Kim

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Speaker 1: Newton apparently doesn't call him dollar b for nothing, right,

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Speaker 1: I mean he has he has been a fairly savvy

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Speaker 1: investor and uh identifier of talent over the years. I mean,

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Speaker 1: Michael Barr, It's interesting too. The way Lynchi frames that,

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Speaker 1: it makes me think about you know this, it's sort

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Speaker 1: of an option in some ways. He's they they've just

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Speaker 1: sort of put some money down and be like, all right,

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Speaker 1: we got this guy and we can sort of put

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Speaker 1: invest a little more, but better than, as Lynchi says,

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Speaker 1: an empty seat at a time. When we talked a

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Speaker 1: lot about this on the show, just the quarterback carousel

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Speaker 1: going on, you just don't know who's gonna pop up

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Speaker 1: in various markets. A lot of it has been settled,

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Speaker 1: but as Lynchi says, the draft, I think is going

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Speaker 1: to change a lot of the economics and the and

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Speaker 1: the landscape of the NFL coming up. Well, speaking of

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Speaker 1: the carousel of quarterbacks, and we were just talking about

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Speaker 1: Drew Brees, and then there was something else that I

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Speaker 1: heard that I almost drove off the road, and that's

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Speaker 1: with Taysom Hill. The Saints offered him. Now I got

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Speaker 1: to explain this. They offered him a one forty million

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Speaker 1: dollar four year contract extension. But it's entirely voiding. Now,

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Speaker 1: usually it usually means entirely meaningless, but in this case,

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Speaker 1: I wonder what that sets up for the Saints and

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Speaker 1: this merry go around on on who's going to land

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Speaker 1: at what team? Yeah, yeah, absolutely so, Um more intrigue

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Speaker 1: on the quarterback front. Uh, that's for sure. And you know, Lynchy,

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Speaker 1: I know that there's a lot of gnashing of teeth,

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Speaker 1: as he said up there in in the Massachusett it's

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Speaker 1: in the general New England area. But um, you know, hard,

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Speaker 1: hard to betica in Spelichick ever anytime at all. He's

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Speaker 1: just sitting back. He's loving the fact that everyone's saying

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Speaker 1: he's lost it. He can't win without Tom Brady. Uh,

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Speaker 1: he made a mistake with Cam Newton. He did. The

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Speaker 1: more that people stacked themselves up against the Patriots, the

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Speaker 1: more motivated he and his team becomes. And I know

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Speaker 1: that he is just sitting and brooding this this winter,

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Speaker 1: and he's going to decide ripping on. I mean, the

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Speaker 1: minute this free agency opens on March seventeenth, I bet

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Speaker 1: the Patriots will be the first team to sign a

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Speaker 1: big name a player. They're gonna they there because they're

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Speaker 1: slipping down in their division though there you know, Buffalo

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Speaker 1: is the team to beat in the division in Miami

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Speaker 1: is a better team than they are right now, and

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Speaker 1: that doesn't sit well with him. Well, and as far

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Speaker 1: as criticism, I mean, whatever people are saying, you know,

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Speaker 1: whatever the Lynches and whatnots of the Boston area are

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Speaker 1: saying about him. He barely looks up from you know,

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Speaker 1: cutting the sleeves off of a sweatshirts. You know, when

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Speaker 1: he hears all of that, he just gets back to it.

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Speaker 1: I gotta sell you something real quick before we wrap

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Speaker 1: this up. Last week, when this news came and just

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Speaker 1: before we were in another taping, Lynchi and I were

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Speaker 1: talking and Lynch, she said, you know, I took the

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Speaker 1: over and under who was going to start yelling first

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Speaker 1: about Cam Newton. I had you a ten seconds bar

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Speaker 1: I said it at four. I was like, what, listen,

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Speaker 1: I'm happy for me get I'm a firm believer. Get

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Speaker 1: the money while you can do it. You know, it's

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Speaker 1: I'm all forward, But I got to see how this

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Speaker 1: plan goes. So I will never bet against Bill Belichick.

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Speaker 1: I'll tell you that. This is the Bloomberg Business of

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Speaker 1: Sports podcast. I'm Michael Barr, along with Mike Lynch and

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Speaker 1: Jason Kelly, and we're here each and every Monday, Wednesday

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Speaker 1: and Thursday exploring the world of money and sports. Join

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Speaker 1: us Throughout the week, WE'RENNA have a lot of exciting

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Speaker 1: guests talk about the n C Double A and so

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Speaker 1: much more in the world of sports. In the meantime,

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Speaker 1: I'm Jason Kelly. Follow me on Twitter at Jason Kelly

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Speaker 1: News and I'm Mike Lynch without a team in the

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Speaker 1: n C Double A tournament and you can follow me

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Speaker 1: at Lynch e w cvb Oh, that's too bad, I

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Speaker 1: got Michigan number one. Uh. You can follow me on

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Speaker 1: Twitter bragging at Big Bar Sports. You're listening to Bloomberg

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Speaker 1: Business of Sports on Bloomberg Radio around the world. Don't

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Speaker 1: disappoint me, Jowan, and online wherever you get your podcasts.