1 00:00:00,720 --> 00:00:03,160 Speaker 1: This is the Bloomberg Business of Sports show, where we 2 00:00:03,200 --> 00:00:05,920 Speaker 1: explore the big money issues in the world of sports. 3 00:00:06,200 --> 00:00:09,240 Speaker 1: Michael Dongan, I'm Scarlett Fou and I'm Mike Lynch. Coming 4 00:00:09,320 --> 00:00:12,840 Speaker 1: up today. We have several topics to start with, and 5 00:00:12,920 --> 00:00:16,160 Speaker 1: let's begin with Aaron Rodgers, who is still in the news. 6 00:00:16,840 --> 00:00:20,800 Speaker 1: I'm just wondering now, Scarlett, how much of the fallout 7 00:00:20,840 --> 00:00:25,560 Speaker 1: will continue because he has lost several sponsors now because 8 00:00:25,640 --> 00:00:31,440 Speaker 1: of this COVID nineteen protocol nightmare that he has created. Yeah, 9 00:00:31,520 --> 00:00:35,320 Speaker 1: Previa Health and Uh, Aaron Rodgers have mutually agreed to 10 00:00:35,440 --> 00:00:39,199 Speaker 1: end their partnership. They've been working together since and if 11 00:00:39,200 --> 00:00:41,680 Speaker 1: you look at some of his other endorsement deals, he 12 00:00:41,760 --> 00:00:44,519 Speaker 1: also works with State Farm as well. So you wonder 13 00:00:44,600 --> 00:00:46,720 Speaker 1: whether there's going to be more to come. Another shoe 14 00:00:46,800 --> 00:00:48,760 Speaker 1: is going to drop here, and all this goes back 15 00:00:48,800 --> 00:00:52,800 Speaker 1: to him being pretty disingenuous in answering the question whether 16 00:00:52,800 --> 00:00:56,160 Speaker 1: he'd been vaccinated. He said, yes, I've been immunizes clearly, 17 00:00:56,360 --> 00:00:59,720 Speaker 1: very carefully choosing his words in uh in that press 18 00:00:59,720 --> 00:01:02,880 Speaker 1: Confort and Lynchy, Uh, I believe and I forgot the 19 00:01:03,280 --> 00:01:07,880 Speaker 1: person who wrote the USA Today opinion piece, but he 20 00:01:08,000 --> 00:01:13,320 Speaker 1: said all the in paraphrasing, all the street cred that 21 00:01:13,360 --> 00:01:17,920 Speaker 1: Aaron Rodgers had dissipated in three days. It was Christine Brennan, 22 00:01:17,920 --> 00:01:21,399 Speaker 1: who's a very reputable reporter, and I read it myself 23 00:01:21,440 --> 00:01:24,760 Speaker 1: and I kind of wondered. I mean, usually when this happens, 24 00:01:24,760 --> 00:01:28,360 Speaker 1: when companies disassociate themselves with athletes, it's because they've been 25 00:01:28,440 --> 00:01:31,360 Speaker 1: charged with a crime, or they have been convicted of 26 00:01:31,400 --> 00:01:34,920 Speaker 1: a crime. This was a personal health decision by Aaron Rodgers, 27 00:01:35,040 --> 00:01:37,240 Speaker 1: and you wonder it was the action by previouer a 28 00:01:37,280 --> 00:01:40,760 Speaker 1: little impulsive, or because they are a health company they 29 00:01:40,800 --> 00:01:43,840 Speaker 1: don't want to be associated with Aaron Rodgers anymore. He 30 00:01:43,880 --> 00:01:46,280 Speaker 1: did make a decision. It was a health decision. That's 31 00:01:46,319 --> 00:01:50,200 Speaker 1: not a crime. And it can cause you to not 32 00:01:50,320 --> 00:01:53,000 Speaker 1: be able to work for your employer and cause you 33 00:01:53,040 --> 00:01:56,360 Speaker 1: to be fined, but it doesn't really put any public 34 00:01:56,400 --> 00:01:59,960 Speaker 1: disrepute on you. But like you said, it probably worked 35 00:02:00,160 --> 00:02:02,960 Speaker 1: against what the company is about, right, yes. And the 36 00:02:03,000 --> 00:02:06,720 Speaker 1: other issue as well is that it put his teammates 37 00:02:06,760 --> 00:02:10,840 Speaker 1: at risk, not to mention the press at risk, because 38 00:02:10,880 --> 00:02:12,840 Speaker 1: when he talked to them, he was not wearing a mask. 39 00:02:12,919 --> 00:02:15,080 Speaker 1: I mean, he went about doing things as if he 40 00:02:15,160 --> 00:02:18,120 Speaker 1: was vaccinated when he wasn't well in the National Football 41 00:02:18,200 --> 00:02:20,760 Speaker 1: League is conducting an investigation right now, and they're going 42 00:02:20,800 --> 00:02:24,960 Speaker 1: to look at the security cameras inside the Green Bay facility. Uh. 43 00:02:24,960 --> 00:02:28,240 Speaker 1: And there are certain very strict rules if you're unvaccinated, 44 00:02:28,320 --> 00:02:30,480 Speaker 1: you're not allowed to go into the lunch room or 45 00:02:30,520 --> 00:02:33,200 Speaker 1: the meeting room or the weight room with players that 46 00:02:33,240 --> 00:02:36,040 Speaker 1: have been vaccinated. So they'll just they're gonna see a look. 47 00:02:36,080 --> 00:02:38,280 Speaker 1: If he's in the quarterback meeting with the head coach 48 00:02:38,280 --> 00:02:40,919 Speaker 1: and the other quarterbacks not wearing a mask, they cannot 49 00:02:40,960 --> 00:02:44,480 Speaker 1: suspend him under the NFL Players Association agreement, they cannot 50 00:02:44,520 --> 00:02:47,480 Speaker 1: suspend Aaron Rodgers, but they can find him and for 51 00:02:47,520 --> 00:02:50,800 Speaker 1: each offense it's a little more than fourteen thousand dollars. Uh. 52 00:02:50,880 --> 00:02:53,639 Speaker 1: He also was seen at a Halloween party not wearing 53 00:02:53,639 --> 00:02:56,680 Speaker 1: a mask, and there are certain rules about congregating with 54 00:02:56,720 --> 00:03:00,120 Speaker 1: teammates away from the facility if you are unvaccinated. It 55 00:03:00,440 --> 00:03:03,760 Speaker 1: so a lot of people around the league of a 56 00:03:03,919 --> 00:03:06,200 Speaker 1: very they think that Green Bays being held to a 57 00:03:06,200 --> 00:03:08,359 Speaker 1: different standard than their teams have, and that's going to 58 00:03:08,400 --> 00:03:10,200 Speaker 1: be part of this investigation, which is going to be 59 00:03:10,240 --> 00:03:12,399 Speaker 1: interesting when it comes out right. Other teams have said 60 00:03:12,440 --> 00:03:14,280 Speaker 1: that they would never be able to get away with this, 61 00:03:14,400 --> 00:03:17,280 Speaker 1: or their players wore masks all the time. Um, they 62 00:03:17,280 --> 00:03:19,720 Speaker 1: had to follow protocol carefully. It seems like there's a 63 00:03:19,720 --> 00:03:22,680 Speaker 1: different set of standards of being applied here. Now. He 64 00:03:22,840 --> 00:03:26,080 Speaker 1: said last week he was on the Pat McAfee show, 65 00:03:26,760 --> 00:03:32,200 Speaker 1: that he was allergic to some of the properties in 66 00:03:32,280 --> 00:03:34,680 Speaker 1: the vaccines and that's why he didn't say in the 67 00:03:34,720 --> 00:03:36,800 Speaker 1: fiser in the moderna vaccine. But you also had the 68 00:03:36,880 --> 00:03:40,000 Speaker 1: Jane vaccine available, but he said that he wasn't comfortable 69 00:03:40,080 --> 00:03:42,680 Speaker 1: getting that one because of the blood clots, which studies 70 00:03:42,680 --> 00:03:46,240 Speaker 1: have shown really are more of an issue for women 71 00:03:46,440 --> 00:03:50,080 Speaker 1: aged um well at a certain age, which doesn't apply 72 00:03:50,120 --> 00:03:52,120 Speaker 1: to him. And by the way, Jane J's vaccine was 73 00:03:52,120 --> 00:03:54,360 Speaker 1: put back on the market again, it was he said 74 00:03:54,360 --> 00:03:57,559 Speaker 1: he was allergic to the m r n a UM 75 00:03:57,600 --> 00:03:59,840 Speaker 1: And you know, I think he's he's done a lot 76 00:03:59,840 --> 00:04:02,200 Speaker 1: of act pedaling here. I think he thought that he 77 00:04:02,280 --> 00:04:04,600 Speaker 1: had skated when he said that he had been immunized 78 00:04:04,680 --> 00:04:07,680 Speaker 1: he by alternative treatment. But now he's got the eyes 79 00:04:07,720 --> 00:04:10,520 Speaker 1: of the National Football League investigating him right now, in 80 00:04:10,560 --> 00:04:12,400 Speaker 1: the eyes of the football world, in the eyes of 81 00:04:12,440 --> 00:04:15,400 Speaker 1: the sporting world on him right now, and um, he's 82 00:04:15,800 --> 00:04:18,200 Speaker 1: he's run out of auctions. And to be interesting to 83 00:04:18,240 --> 00:04:20,520 Speaker 1: see if State Farm takes any action against him as well, 84 00:04:20,520 --> 00:04:23,239 Speaker 1: because every time you turn every commercial break, it seems 85 00:04:23,240 --> 00:04:26,279 Speaker 1: that Jacob State Farm and Aaron Rodgers are there as well. 86 00:04:26,600 --> 00:04:33,760 Speaker 1: Speaking of sports figures during the Sunday Games broadcast, Uh, 87 00:04:33,920 --> 00:04:38,160 Speaker 1: Terry Bradshaw, Hall of Fame quarterback, I mean took Aaron 88 00:04:38,360 --> 00:04:42,159 Speaker 1: Rodgers to task. I'd give Aaron Rodgers some advice. It 89 00:04:42,200 --> 00:04:44,000 Speaker 1: would have been nice if he had just come to 90 00:04:44,040 --> 00:04:50,880 Speaker 1: the Naval Academy and learned how to be honest, learned that, 91 00:04:51,360 --> 00:04:54,159 Speaker 1: learned not to live, because that's what you did. Aaron, 92 00:04:54,200 --> 00:04:57,520 Speaker 1: you live everyone. I understand him and eyes what you 93 00:04:57,520 --> 00:05:00,320 Speaker 1: were doing was taking stuff that would keep you from 94 00:05:00,360 --> 00:05:03,400 Speaker 1: getting COVID nineteen. You got COVID nineteen. I've met him 95 00:05:03,400 --> 00:05:05,760 Speaker 1: as a cattle d warm er. Sorry, folks, that's what 96 00:05:05,800 --> 00:05:09,680 Speaker 1: it is. We are divided nation politically, were divided nation 97 00:05:09,760 --> 00:05:12,320 Speaker 1: on the COVID nineteen whether not to take the vaccine. 98 00:05:12,320 --> 00:05:16,040 Speaker 1: And unfortunately, we've got players that pretty much think only 99 00:05:16,120 --> 00:05:19,520 Speaker 1: about themselves. And I'm extremely disappointed and the actions of 100 00:05:19,560 --> 00:05:22,800 Speaker 1: Aaron Rodgers. That was four times Super Bowl Hall of 101 00:05:22,880 --> 00:05:27,440 Speaker 1: Fame quarterback Terry Bradshaw. The cheering you heard was because, 102 00:05:27,600 --> 00:05:30,760 Speaker 1: as Bradshaw said, they were at the Naval Academy. They 103 00:05:30,760 --> 00:05:34,120 Speaker 1: were broadcasting live at the time. You heard that cheering, 104 00:05:34,760 --> 00:05:39,160 Speaker 1: and Scarlett he just called him a liar. And it's 105 00:05:39,400 --> 00:05:43,560 Speaker 1: you know, it's he's lost Rogers. Like I said earlier, 106 00:05:43,680 --> 00:05:46,839 Speaker 1: it seems like he's lost all street cred, certainly with 107 00:05:46,920 --> 00:05:49,960 Speaker 1: certain people. Um. The question is how the NFL proceeds here. 108 00:05:50,120 --> 00:05:54,120 Speaker 1: And I've been reading different thought pieces, and one take 109 00:05:54,160 --> 00:05:55,960 Speaker 1: on it is that the NFL is more likely to 110 00:05:56,080 --> 00:05:59,080 Speaker 1: punish the team, the Green Bay Packers than Aaron Rodgers 111 00:05:59,120 --> 00:06:01,920 Speaker 1: specifically for his violations because the league doesn't want to 112 00:06:01,960 --> 00:06:05,080 Speaker 1: get involved in this culture war. Um that Rogers has 113 00:06:05,120 --> 00:06:08,720 Speaker 1: set the terms for so. Um, that is why it's 114 00:06:08,760 --> 00:06:11,400 Speaker 1: going to the video cameras, the surveillance cameras to see 115 00:06:12,080 --> 00:06:15,240 Speaker 1: what Aaron Rodgers was doing uh in the facilities and 116 00:06:15,320 --> 00:06:19,799 Speaker 1: whether he was violating protocol on specific marks and and 117 00:06:20,040 --> 00:06:24,159 Speaker 1: perhaps leving finds based on all of that. You know, 118 00:06:24,200 --> 00:06:26,960 Speaker 1: this is pretty harsh by Terry Bradshaw. This is you know, 119 00:06:27,040 --> 00:06:29,760 Speaker 1: one of it. There's a little fraternity with quarterbacks and 120 00:06:29,960 --> 00:06:32,960 Speaker 1: Aaron Rodgers has had a squeaky clean reputation for sixteen 121 00:06:33,000 --> 00:06:34,560 Speaker 1: years in the league, and now here's one of the 122 00:06:34,600 --> 00:06:36,640 Speaker 1: Hall of famers. And I thought it was ironic and 123 00:06:36,680 --> 00:06:40,080 Speaker 1: one of the State Farm commercials. Uh it we've never 124 00:06:40,120 --> 00:06:42,640 Speaker 1: seen before. Yesterday Terry Bradshaw was hanging up a picture 125 00:06:42,640 --> 00:06:45,360 Speaker 1: of himself right next to Patrick Mahomes and Aaron Rodgers 126 00:06:45,400 --> 00:06:47,880 Speaker 1: in the State Farm Hall of Fame. Um, you know, 127 00:06:47,960 --> 00:06:50,880 Speaker 1: could it be a foreshadowing of we're paying, we're putting 128 00:06:50,880 --> 00:06:52,440 Speaker 1: a new picture up here, and we're gonna be taking 129 00:06:52,440 --> 00:06:55,800 Speaker 1: another one down pretty soon. Interesting Before we move on 130 00:06:55,839 --> 00:06:59,640 Speaker 1: to the next topic, I guess I'm disappointed. And I've 131 00:06:59,640 --> 00:07:04,800 Speaker 1: been a gree because it's rare I put trust in celebrities, 132 00:07:04,920 --> 00:07:07,920 Speaker 1: but I'd like Aaron Rodgers, and I'm a big Game 133 00:07:07,960 --> 00:07:10,720 Speaker 1: show fan, so of course he hosts Jeopardy and I'm like, 134 00:07:10,800 --> 00:07:13,440 Speaker 1: he did a great job. I'm like, Aaron Rodgers, Yeah, 135 00:07:13,520 --> 00:07:16,440 Speaker 1: you're the man. And then here comes, you know, the 136 00:07:16,480 --> 00:07:21,160 Speaker 1: disappointment train coming. Let's let's hope that he can rebuild 137 00:07:21,240 --> 00:07:25,640 Speaker 1: his reputation and let's hope, uh he's learned something from it. Yeah, 138 00:07:25,920 --> 00:07:29,080 Speaker 1: I'm sorry, goes a long way. Yes, yeah, I haven't 139 00:07:29,080 --> 00:07:31,360 Speaker 1: heard that at all. I've heard I've heard him cite 140 00:07:31,400 --> 00:07:34,120 Speaker 1: Martin Luther King though. Yeah, and that well, now you 141 00:07:34,160 --> 00:07:37,280 Speaker 1: brought up another point. Don't go quoting Martin Luther King 142 00:07:37,320 --> 00:07:41,680 Speaker 1: in this Aaron Rodgers. Uh, that that was another point 143 00:07:41,960 --> 00:07:47,840 Speaker 1: that got me disappointed in this context. Exactly exactly, Uh, 144 00:07:47,880 --> 00:07:53,480 Speaker 1: Philadelphia seventy six ers, they are resuming finding Ben Simmons. Now, Scarlett, 145 00:07:53,560 --> 00:07:55,440 Speaker 1: this is a little bit more of a story and 146 00:07:55,560 --> 00:08:03,120 Speaker 1: Lynchy about mental health. And you know, it's where do 147 00:08:03,200 --> 00:08:06,920 Speaker 1: the seventies sixers stand? Where has been Simmons standing? Now? 148 00:08:07,080 --> 00:08:10,000 Speaker 1: The fines it racks up to a lot of money, 149 00:08:10,040 --> 00:08:12,880 Speaker 1: it does. And Simmons has stated that he needs mental 150 00:08:12,920 --> 00:08:17,160 Speaker 1: health assistance, but he's refused to provide basic details of 151 00:08:18,560 --> 00:08:21,920 Speaker 1: what he needs his mental health meetings, his evaluations or treatments, 152 00:08:22,000 --> 00:08:26,160 Speaker 1: or even accept any consultation with UM specialists that the 153 00:08:26,200 --> 00:08:30,400 Speaker 1: team arranges. So the mental health professionals that he has 154 00:08:30,400 --> 00:08:34,520 Speaker 1: worked with are folks that UM he's met through the 155 00:08:34,600 --> 00:08:38,760 Speaker 1: national the NBA Players Association. So they they're they're at 156 00:08:38,800 --> 00:08:41,960 Speaker 1: loggerheads here, and I feel like this is I mean, 157 00:08:42,120 --> 00:08:45,920 Speaker 1: Lynchy wasn't Ben Simmons a huge signing? Well, he right 158 00:08:45,960 --> 00:08:47,800 Speaker 1: now is four years and a hundred and forty one 159 00:08:47,840 --> 00:08:50,080 Speaker 1: million dollars left on his contract. It might mean one 160 00:08:50,800 --> 00:08:54,080 Speaker 1: seven billion right now. And he wanted to be traded 161 00:08:54,080 --> 00:08:55,800 Speaker 1: then they didn't want to trade him. I think right 162 00:08:55,800 --> 00:08:57,760 Speaker 1: now with the seventies Sixers, I don't see how he 163 00:08:57,800 --> 00:08:59,840 Speaker 1: can come back to this team. And the seventy six 164 00:08:59,920 --> 00:09:01,600 Speaker 1: is are up to a great start as of Monday, 165 00:09:01,640 --> 00:09:04,880 Speaker 1: November eighth or seven and two without him. Without him, 166 00:09:05,040 --> 00:09:07,360 Speaker 1: might be time to trade him. You know, Um, this 167 00:09:07,440 --> 00:09:09,319 Speaker 1: is a guy that has it, does not play well 168 00:09:09,320 --> 00:09:12,120 Speaker 1: in the playoffs, was actually on the bench during crunch 169 00:09:12,160 --> 00:09:15,160 Speaker 1: time last year in a huge playoff series in the 170 00:09:15,280 --> 00:09:18,680 Speaker 1: in the Eastern Conference, and it might be time for 171 00:09:18,720 --> 00:09:20,440 Speaker 1: him to part ways with the Sixers. I don't see 172 00:09:20,440 --> 00:09:22,439 Speaker 1: how he can come back and play for this too. Now. 173 00:09:22,480 --> 00:09:26,240 Speaker 1: I'm gonna play the devil's advocate part here if we're 174 00:09:26,240 --> 00:09:30,800 Speaker 1: talking about mental health and and everything is on the 175 00:09:30,880 --> 00:09:34,760 Speaker 1: level here that Ben Simmons is saying that he's taking 176 00:09:34,760 --> 00:09:39,400 Speaker 1: time out for his mental health more importantly, the reason 177 00:09:39,480 --> 00:09:43,600 Speaker 1: why he's getting fine. The Sixers said, okay, well, well 178 00:09:43,679 --> 00:09:46,120 Speaker 1: you'd use our team doctor, We're gonna help you through this, 179 00:09:46,160 --> 00:09:49,280 Speaker 1: and Simmons is saying no, I'm gonna use my own doctor. 180 00:09:50,120 --> 00:09:53,800 Speaker 1: And it's now it brings up to the point, if 181 00:09:53,880 --> 00:10:00,840 Speaker 1: that's the case, which side do you fall off? Well, 182 00:10:00,880 --> 00:10:04,640 Speaker 1: I mean, mental health is not like a joint in 183 00:10:04,640 --> 00:10:06,800 Speaker 1: your body where you can see the injury on an 184 00:10:06,920 --> 00:10:10,160 Speaker 1: m R or an X ray. Um, it's it is 185 00:10:10,200 --> 00:10:13,120 Speaker 1: what it is. And right now I see the Players 186 00:10:13,160 --> 00:10:15,840 Speaker 1: Association getting involved with this. Uh, this is not going 187 00:10:15,880 --> 00:10:17,960 Speaker 1: to have a happy ending in Philadelphia, and that's why 188 00:10:18,000 --> 00:10:21,520 Speaker 1: I think it's time for him to move on. Our 189 00:10:21,559 --> 00:10:23,280 Speaker 1: other team is going to be willing to take him. 190 00:10:23,280 --> 00:10:25,520 Speaker 1: I mean what general manager of a of a team 191 00:10:25,720 --> 00:10:27,240 Speaker 1: is going to look at this and say this is 192 00:10:27,440 --> 00:10:29,280 Speaker 1: this is a good situation for us to step into. 193 00:10:29,559 --> 00:10:32,480 Speaker 1: You know, not just professional basketball, but all professional sports 194 00:10:32,520 --> 00:10:36,640 Speaker 1: and all professions. Uh. Sometimes a change of scenery improves 195 00:10:36,679 --> 00:10:41,040 Speaker 1: a player's productivity, and we've seen it in professional sports 196 00:10:41,480 --> 00:10:43,960 Speaker 1: all over the place. I mean, Brett Farr was in Atlanta, 197 00:10:44,000 --> 00:10:45,640 Speaker 1: he went to Green Bay and he became a Hall 198 00:10:45,679 --> 00:10:47,719 Speaker 1: of Famer. So I mean, who's to say that a 199 00:10:47,840 --> 00:10:51,120 Speaker 1: change of scenery wouldn't be beneficial to Ben Simmons. Yeah, 200 00:10:51,160 --> 00:10:54,040 Speaker 1: that's right, You're right, I've totally forgotten that Brett far 201 00:10:54,760 --> 00:10:57,920 Speaker 1: Atlanta one. Yeah, before he came the Green Bay that 202 00:10:58,240 --> 00:11:00,400 Speaker 1: and then he went to the jets in then he 203 00:11:00,679 --> 00:11:06,120 Speaker 1: played lights out again. So finally, let's talk about Barstools 204 00:11:06,160 --> 00:11:11,720 Speaker 1: day Portnoy and allegations involving the pen national subsequent stock 205 00:11:11,800 --> 00:11:16,160 Speaker 1: tank Scarlett, can you explain what happened? Well, there are 206 00:11:16,240 --> 00:11:19,920 Speaker 1: several women, Um, there's a report that several women UM 207 00:11:20,080 --> 00:11:22,960 Speaker 1: had alleged sexual misconduct by Dave Portnoy, who's the founder 208 00:11:22,960 --> 00:11:27,200 Speaker 1: of barstool Sports. Uh. Penn is linked to barstool Sports 209 00:11:27,200 --> 00:11:29,360 Speaker 1: because it bought a thirty six percent stake in that 210 00:11:29,440 --> 00:11:33,680 Speaker 1: company in January. And if you follow Dave Portnoy on Twitter, 211 00:11:33,760 --> 00:11:37,160 Speaker 1: you'll see that he's always adding dollar sign pen in 212 00:11:37,240 --> 00:11:39,000 Speaker 1: most of his tweets, or a lot of his tweets 213 00:11:39,000 --> 00:11:41,680 Speaker 1: at least. So following this report, which by the way, 214 00:11:41,679 --> 00:11:46,560 Speaker 1: Portnoy denied the allegations, the stock tanked just goes to 215 00:11:46,600 --> 00:11:52,800 Speaker 1: show the linkage here between personalities, UM and how you 216 00:11:52,840 --> 00:11:55,000 Speaker 1: get that boost on the way up and then when 217 00:11:55,040 --> 00:11:56,920 Speaker 1: something comes out on the way down, it could it 218 00:11:56,920 --> 00:11:59,640 Speaker 1: could turn against you very quickly. I mean, I think 219 00:11:59,640 --> 00:12:03,520 Speaker 1: it's really interesting how every time I saw Penn on Twitter, 220 00:12:03,720 --> 00:12:06,480 Speaker 1: it was always tied in somehow to barstool Sports. It 221 00:12:06,520 --> 00:12:09,720 Speaker 1: was like the two brands were completely linked. Well, they 222 00:12:09,760 --> 00:12:12,520 Speaker 1: have a thirty six percent interest in in barstool Sports. 223 00:12:12,760 --> 00:12:15,520 Speaker 1: UM at risk of full disclosure, I am a stockholder 224 00:12:15,520 --> 00:12:19,120 Speaker 1: in Penn National Gaming and David Portnoy went to the 225 00:12:19,120 --> 00:12:20,880 Speaker 1: same high school that I went to. But you don't 226 00:12:20,880 --> 00:12:22,559 Speaker 1: know him. I do know him, Oh you do know? 227 00:12:22,800 --> 00:12:25,160 Speaker 1: I do know him. Yeah, yeah, he said the about 228 00:12:25,160 --> 00:12:26,920 Speaker 1: twenty years younger than I am. But I do know him. 229 00:12:26,920 --> 00:12:29,200 Speaker 1: I met him several times, and you know everyone in masters. 230 00:12:29,520 --> 00:12:33,160 Speaker 1: That's why UM. And I was disappointed when I went 231 00:12:33,160 --> 00:12:35,559 Speaker 1: down the other day. And you're right, it's hard not 232 00:12:35,679 --> 00:12:38,640 Speaker 1: to set now. Of course, they're they're they're earnings were 233 00:12:38,679 --> 00:12:40,960 Speaker 1: far less than expectations compared to what they were a 234 00:12:41,000 --> 00:12:43,080 Speaker 1: year ago, so it made sense for the stock to down. 235 00:12:43,120 --> 00:12:46,079 Speaker 1: But the timing just was so coincidental. It was the 236 00:12:46,120 --> 00:12:52,319 Speaker 1: perfect storm for these personal allegations and missing third quarter estimates. 237 00:12:52,880 --> 00:12:55,320 Speaker 1: The only stock I own is an Acme Jet Skates, 238 00:12:55,440 --> 00:12:59,640 Speaker 1: but that's another story. This is the Bloomberg business of sports. 239 00:12:59,679 --> 00:13:02,120 Speaker 1: Body asked, I'm Michael Barr, along with Scarlet Pouh and 240 00:13:02,160 --> 00:13:05,280 Speaker 1: Mike Lynch, catches here each and every Monday, Wednesday and 241 00:13:05,360 --> 00:13:09,040 Speaker 1: Thursday exploring the world of money and sports. And catch 242 00:13:09,080 --> 00:13:11,679 Speaker 1: me on Twitter at Big Bar Sports and I'm Mike Lynch. 243 00:13:11,720 --> 00:13:14,439 Speaker 1: You can follow me at Lynch WCPB. I'm at Scarlett 244 00:13:14,480 --> 00:13:17,360 Speaker 1: fou on Twitter. You're listening to Bloomberg Business of Sports 245 00:13:17,400 --> 00:13:19,480 Speaker 1: on Bloomberg Radio around the world.