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Speaker 1: Hello, I'm Scott Suchman, I'm Nobody Williams, and I'm Michael

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Speaker 1: bar And this is the Bloomberg Business of Sports podcast

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Speaker 1: where we so hard we're gonna we should tell everybody

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Speaker 1: if we sound differently, if you sound like a soprano.

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Speaker 1: For some reason, We're in a different studio next to

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Speaker 1: Steve Land's own. Hi, Steve, thank you. He was he

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Speaker 1: was his fantasy team, but he said he has I

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Speaker 1: don't play fantasy, but he said he has the same

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Speaker 1: number of points scored in against his You. Yeah, but

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Speaker 1: he's like two and eight and you're like eight and two.

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Speaker 1: I'm sorry, this is this is why I don't get fantasy.

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Speaker 1: We're gonna explore the big money issues in the world

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Speaker 1: of sports, not what we just talked about a second ago.

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Speaker 1: So let's start off with the Olympics. Calgary said, you

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Speaker 1: know what, it's been real, We're not going to do it. Well,

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Speaker 1: they've they've done this before, so it's not like they

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Speaker 1: don't know what they're talking about with the Olympics. Yeah,

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Speaker 1: but the people have voted against making a bid for

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Speaker 1: the Winter Games. And Evan, again continuing a trend we're

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Speaker 1: seeing of cities saying this is just not something we're

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Speaker 1: interested in because the cost maybe just so prohibited. Yeah,

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Speaker 1: this is the winner Olympics. Don't forget that. You know

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Speaker 1: a lot of cities dropped out of bidding. They were

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Speaker 1: left with Kazakhstan and Beijing, which eventually one UH and

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Speaker 1: for this six we've seen what grats in Austria. There

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Speaker 1: was a city that was also out. Turkey, you know,

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Speaker 1: attempted to put a bit together that didn't work out

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Speaker 1: there down now to uh Milan in in uh in

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Speaker 1: Italy and in Stockholm in Sweden. Thank you for that.

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Speaker 1: Neither of those bids seemed to be all of all

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Speaker 1: that viable, at least at this point. There's some skepticism

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Speaker 1: within the Olympic world. Uh As you said, you know,

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Speaker 1: we're in this weird place now, We're cities don't really

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Speaker 1: want to do this and it's gonna put these in

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Speaker 1: a weird place. Now. I want to add that the

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Speaker 1: vote was fifty six to forty four against and it's

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Speaker 1: a non binding vote, so the city council has to

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Speaker 1: do what they're going to do, but it's pretty much

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Speaker 1: written they're going to follow with. Yeah, they announced that

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Speaker 1: this was this was the end of it, and this

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Speaker 1: is Calgary host of the Winner Games, right, and it

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Speaker 1: was widely considered to be a huge success for the city.

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Speaker 1: You know, it had become in the wake of that,

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Speaker 1: had become kind of the energy capital of Canada. Calgary

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Speaker 1: is kind of the example that the Olympics gives as like,

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Speaker 1: this is what what can happen when a city that

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Speaker 1: maybe isn't on the map in the way that it

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Speaker 1: wants to or could be, gets international recognition for hosting

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Speaker 1: an event of this size. If Calgary is voting against

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Speaker 1: doing this, that is not a great sign for for

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Speaker 1: the For the pitch, the marketing pitch that that the

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Speaker 1: io who was it that partially blamed global warming or

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Speaker 1: climate change for like fewer cities because they're not going

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Speaker 1: to have enough snow? Somebody is that someone in the

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Speaker 1: iOS it might have been nice. Somebody was like, well,

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Speaker 1: this is one reason why, you know, there's just not enough.

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Speaker 1: It's certainly a part of why the price is getting

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Speaker 1: more expensive. You know, I think of fifty one billion

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Speaker 1: dollars is what Sochi spent to do the Winter Games

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Speaker 1: a couple of years ago in Russia. Um, that is

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Speaker 1: a price tag that is cost prohibitive for almost any more,

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Speaker 1: any other country, almost anywhere else. Sure. Yeah, the and

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Speaker 1: the IOC, to its credit, has has worked with with

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Speaker 1: host nations. They're trying to bring the cost of both

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Speaker 1: bidding and hosting down, which, in my opinion, is an

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Speaker 1: imperative if you're going to continue to have a lot

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Speaker 1: of cities buying for this. Which would be your permanent

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Speaker 1: host city for the Winter Olympics we're talking about this

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Speaker 1: in the Summer Games, or like l A would be

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Speaker 1: in in a rotation, what would be which would be

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Speaker 1: your permanent Winter Olympics home? Detroit, Baby and NASCAR Gilbert

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Speaker 1: Soldiers Detroit Casino for billion dollars. Okay, that's needed here

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Speaker 1: though there, but it kept the others. But he sold

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Speaker 1: the Detroit Just how do you feel about that? I'm

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Speaker 1: kind of bound you. I'm sorry, I interrupted, I know

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Speaker 1: I interrupted. Other sports business topic, that the owner of

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Speaker 1: the Cavaliers is selling his one of his casinos for

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Speaker 1: a billion dollars. One thing worth mentioning again in the Olympics.

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Speaker 1: L A is hosting the Summer Games in UM. There

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Speaker 1: was a lot of talk a couple of months ago

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Speaker 1: about the possibility of a US bid for six. UH

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Speaker 1: losing Calgary I would think makes that a little more

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Speaker 1: likely that that that maybe Salt Lake UH seems to

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Speaker 1: be the front runner there a little more likely that

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Speaker 1: that if these other you know, the Swedish, the Italian

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Speaker 1: bids aren't up to snuffer, don't work their way through

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Speaker 1: that there may kind of be an emergency contingency plan

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Speaker 1: in the US and that would give you know, l

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Speaker 1: A and the USC would kind of have to negotiate

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Speaker 1: what that all looks. Mitt rom these busy Dave check

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Speaker 1: it's I don't think he wants to do that these days.

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Speaker 1: Maybe Mexico City, you know, they have good conditions there, right.

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Speaker 1: You know, I got to talk about this now as

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Speaker 1: Monday Nights game, probably the game NFL game of the season,

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Speaker 1: the Chiefs and the Rams, they were all set to

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Speaker 1: play at as Techa Stadium, and the field looks like garbage.

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Speaker 1: Vince Farragamo against Lyn Dawson. I can't wait to see it.

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Speaker 1: Had no idea we're talking about nice one exactly. The field.

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Speaker 1: Let's started out in October October eleven, that's when there

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Speaker 1: was a Shakira concert and the field then was chewed up. Well,

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Speaker 1: I would imagine with all the gyrating, there would be

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Speaker 1: a chewed up field. What I'm just saying, it's not

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Speaker 1: like it's the symphony where you're sitting and watching. If

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Speaker 1: you're at a Shakida concert, you're moving around in high heels.

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Speaker 1: I get it. Okay, So this should not be a surprise.

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Speaker 1: What was after Shakira? Then you had a soccer game,

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Speaker 1: and then you had rain and if you had seen

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Speaker 1: a picture of the field, I mean they were blind

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Speaker 1: spots on the field, dirt, it was a mess. Now

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Speaker 1: they tried their you know what, let me let me backtrack.

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Speaker 1: They try to make the effort by trying to restart

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Speaker 1: the field. But why do you think they made that?

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Speaker 1: Because there's so much money involved. They have blown an

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Speaker 1: opportunity in Mexico City one to market the end of ACA.

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Speaker 1: I just like to say, I like this, I know,

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Speaker 1: but the marketing is blown. It's done the poor people

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Speaker 1: who wanted to see the game of Mexico City and

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Speaker 1: they weren't getting, like, you know, a dog game. This

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Speaker 1: was the game that this could be the super Bowl,

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Speaker 1: these two teams, and it just went awry. I think

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Speaker 1: we know the NFL has significant international plans. This is

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Speaker 1: one of the ways they achieve those goals of gaining

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Speaker 1: popularity outside the US is to put teams outside of

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Speaker 1: the US border. So it meant a lot to the NFL.

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Speaker 1: Now the game is going to be played in Los Angeles,

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Speaker 1: and the good thing about it that comes out of

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Speaker 1: this is that, uh, they're going to donate some tickets

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Speaker 1: two people affected by the wildfires and some of the fires.

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Speaker 1: I mean, it's it's such a I mean, if you

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Speaker 1: have to have a contingency plan, and the NFL smartly

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Speaker 1: makes the two teams playing hold their stadiums open just

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Speaker 1: in case something happens, So that's smart. I was emailing

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Speaker 1: last night with Jim Steeg, who's sort of known as

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Speaker 1: the grandfather of the Super Bowl. He he was the

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Speaker 1: guy responsible for the Super Bowl becoming the big spectacle

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Speaker 1: that it is. He ran special events at the NFL

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Speaker 1: for decades. And he was like, yeah, you know, I'm

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Speaker 1: sure they have cancelation insurance. They'll take a little hit here.

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Speaker 1: Then there's the travel all at all. He didn't really

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Speaker 1: seem that it was a big deal from a dollars

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Speaker 1: and cents standpoint, but bigger picture that you're trying to

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Speaker 1: develop fans around the world. That's where they take the hit.

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Speaker 1: We've so much attention gets paid to the NFL's efforts

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Speaker 1: in London. I've always felt as though putting a franchise

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Speaker 1: in Mexico City was was the more likely first international

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Speaker 1: team that we would see um for a lot of reasons.

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Speaker 1: It's a growing middle class that loves American culture. It

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Speaker 1: is much easier to fly to the time zone is

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Speaker 1: not so bad that. There are a number of reasons

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Speaker 1: why Mexico City makes sense. To what extent do we

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Speaker 1: think an incident like this, which could happen in any

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Speaker 1: city really and and it has happened before in NFL venues.

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Speaker 1: To what extent do we think that this affects NFL's

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Speaker 1: future or plans for Mexico City. I don't think it does.

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Speaker 1: If you if you promised the folks next year's game,

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Speaker 1: you go back. If you had a ticket this year,

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Speaker 1: you get a ticket next year. From a fan perspective,

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Speaker 1: I don't think it's a big deal. From a league perspective,

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Speaker 1: perhaps you tweaked the contract that the stadium must be

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Speaker 1: vacant for a week prior to the event, and if

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Speaker 1: they still want it Okay, then you can have it.

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Speaker 1: But I'm that's that's what we learned here, that you

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Speaker 1: can't have all these events. I think I agree with that.

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Speaker 1: And and don't forget that a couple of years ago,

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Speaker 1: the NBA had a game in Mexico City that was

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Speaker 1: also canceled because and I lost money on that because

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Speaker 1: I was playing fantasy sports, like what happened to the game,

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Speaker 1: and he lost Imagine what lands would have been bankrupted?

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Speaker 1: Shaking his head. I love it now, by the way,

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Speaker 1: you mentioned about this could happen here, and it almost

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Speaker 1: did a few weeks ago because Saturday night, a Saturday

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Speaker 1: night game, the Miami Hurricanes, we're playing on the field

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Speaker 1: right in a deluge of rain and then the field,

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Speaker 1: I mean, they chewed up the field and they were

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Speaker 1: worried the next day about the Miami New York Jets game.

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Speaker 1: But they did get it in condition enough to where

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Speaker 1: they could play. Uh. I don't know which team showed up,

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Speaker 1: but that's another story. But what really forced the hand

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Speaker 1: here though, is you had some players saying we're not

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Speaker 1: gonna We're not gonna play. Oh yeah, it's just too dangerous.

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Speaker 1: I forgot who tweeted it said this is not gonna work. Yeah,

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Speaker 1: and obviously, and you get players saying this is a

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Speaker 1: safety is very hard for the NFL to win on

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Speaker 1: a safety issue these days. If the players saying this

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Speaker 1: is dangerous and we're just not going to do it,

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Speaker 1: that's that's when you started to get the feeling that

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Speaker 1: it was inevitable that this game was going to be shifted,

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Speaker 1: especially a game of this magnitude. Rights as Bar said,

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Speaker 1: this is potentially the matchup of the year in the NFL.

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Speaker 1: It's a potential Super Bowl preview. Pat Mahomes, who might

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Speaker 1: be the most exciting player in football right now. L

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Speaker 1: A is chock full of guys who are, you know,

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Speaker 1: both marketable and and exciting. An injury to any one

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Speaker 1: of those people who are marketable, I would think so.

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Speaker 1: Who are Todd Gurley, Okay, Jared Goff, Sean McVeigh, who

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Speaker 1: probably the most marketable, even the most marketable guy in

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Speaker 1: the team. L A has a fairly flashy, exciting team.

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Speaker 1: Either it's not yet hurt right after the year, the years,

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Speaker 1: the year we should play fantasy Scott, we would know

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Speaker 1: even I knew that, I know I put you on

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Speaker 1: a spot there was giving you know, naming some some rams.

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Speaker 1: But speaking of California, can we start some California music

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Speaker 1: right here? He says, yes, the Golden State Warriors. I

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Speaker 1: love this. They're offering tickets monthly pass on and it's

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Speaker 1: like my Olive Garden Pasta pass. Those who know me

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Speaker 1: know I'm not going I love my Olive Garden pasta pass.

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Speaker 1: You get you get unlimited entry to the arena. They're

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Speaker 1: only selling two hundred of them, far less than pasta pass.

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Speaker 1: But for a hundred bucks, you go into the building,

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Speaker 1: but you have no people in the court. You go

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Speaker 1: into the building, you get into the building, but you

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Speaker 1: can't watch the game you're watching on TV. We don't

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Speaker 1: want to stay home. Man, I'm missing something because I'm

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Speaker 1: sort of trying to gauge through through the ether here, like,

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Speaker 1: well people do this, and the answer seems to be yesterday.

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Speaker 1: And nut fathom for the life of me why anybody

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Speaker 1: would pay to walk in the building unless they kind

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Speaker 1: of think, well, maybe they'll sneak in and be able

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Speaker 1: to watch. I mean, I could see that because I

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Speaker 1: know me. If it was me and I was younger,

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Speaker 1: i'd find myself a siteline. I know that, But just

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Speaker 1: to sit in a restaurant or a bar and watch

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Speaker 1: it in the arena because maybe I hear the crowd

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Speaker 1: erupt and I feel closer to it or something. To me,

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Speaker 1: it's total inside. I can answer part of this. I mean,

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Speaker 1: think about how many people go to football games and

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Speaker 1: tailgate and don't have a ticket to the game, and

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Speaker 1: they hang out outside or maybe even after the free

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Speaker 1: Sure this is close to free, right, I mean it's

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Speaker 1: a hundred a month, but you get what six or

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Speaker 1: seven games in a month. You can do this any

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Speaker 1: other any restaurant. Of all. The point is that at

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Speaker 1: a live sporting event, leading up to and during the event,

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Speaker 1: there is an energy there that people want to be

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Speaker 1: a part of. Probably more so this This is not

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Speaker 1: a tremendously expensive cost, especially considering what everything else costs

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Speaker 1: in in San Francisco. UM, I under I wouldn't do

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Speaker 1: it personally, but I totally understand why you can sell

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Speaker 1: what is it, two hundred of these You can sell

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Speaker 1: two hundred of these tickets for people that want to

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Speaker 1: be adjacent to the crowd, want to be the less partition.

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Speaker 1: I'm out of the bowl, but I can see I

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Speaker 1: mean literally, I can't see the game. I mean that's

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Speaker 1: a different sure that this would be a more enticing ticket.

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Speaker 1: I think if you could see the game would also

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Speaker 1: be a much more expensive ticket. I think if there

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Speaker 1: are Warriors fans out there that want to pay not

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Speaker 1: the full cost of a ticket, but want to pay

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Speaker 1: less for the ability to go and be near the

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Speaker 1: fans and near the team and part of that energy,

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Speaker 1: I think it's smart. Not every team could do this, right.

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Speaker 1: I can't imagine that, you know, the Utah Jazz are

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Speaker 1: going to be selling out two hundred of these things,

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Speaker 1: but fans like to be close to the energy. If

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Speaker 1: if there is enough demand for it and the team

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Speaker 1: is good enough, yes, uh yeah, I'm sorry. I listen

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Speaker 1: and and I'm not mocking Warriors at all. If it works,

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Speaker 1: go for it. If there's a demand, why not do it.

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Speaker 1: Evan's probably right what I'm saying. I said, from what

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Speaker 1: I can tell, the answer is yes, they will have

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Speaker 1: no problem selling these out. I've always thought that, you know,

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Speaker 1: Jerry Jones and NFL Stadium should have a huge screen

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Speaker 1: outside and they should broadcast the TV. Sure, okay, so

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Speaker 1: every they should be a huge screen outside. You should

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Speaker 1: broadcast to everyone who came to Tailgate, more people who

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Speaker 1: want to just be around there. You can set up merchandizing.

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Speaker 1: The Warriors are going to sell beer and hot dogs

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Speaker 1: and hamburgers and all that to these people. It gets

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Speaker 1: more people in exactly high merchan items gets more people

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Speaker 1: into the ecosystem. You know more about them. Those are fans,

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Speaker 1: and you could eventually maybe I think just don't get

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Speaker 1: it from the by side. I just I just don't.

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Speaker 1: Can I give one shout out? It's a sad shout out,

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Speaker 1: I have to all of a sudden, this is this

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Speaker 1: is a sad show. Yes, huge David Pierce. He's second

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Speaker 1: on the all time no what was his nickname? Oh

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Speaker 1: the silver Fox, silver Fox, silver Fox. And he is

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Speaker 1: second on the all time NASCAR list a hundred five wins,

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Speaker 1: only second behind Richard Petty at two hundred. Now shows

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Speaker 1: you how far that is, King Richard King Richard And

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Speaker 1: uh he was eighty three. Uh man, I mean, I

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Speaker 1: mean that man could drive and for years with the

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Speaker 1: Wood Brothers, he was awesome. So rest in peace, David Pearson.

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Speaker 1: This is the Bloomberg Business of Sports podcast on Michael

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Speaker 1: Barr along with Scott Sasnick and Evan Wrings. We are

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Speaker 1: here each and every Monday, Wednesday and Thursday exploring the

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Speaker 1: world of money in sports. Join us again tomorrow when

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Speaker 1: Scott and Michael speak with Notre Dame Athletic director Jack Splolberg.

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

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Speaker 1: around the world and online where our podcast isn't