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Speaker 1: Hello, I'm Michael bar and I'm Scottsnik. On this weekly podcast,

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Speaker 1: we explore the big money issues in the world of

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Speaker 1: sports and talk to some of the biggest players in

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Speaker 1: the industry. On this week's show, we speak with the

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Speaker 1: athletic director of Syracuse University, John Wildhack. But first let's

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Speaker 1: look at some of the top stories of the week.

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Speaker 1: And joining us is Bloomberg Business of Sports reporter Evan

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Speaker 1: Nobi Williams. And it is a busy week. Let's start

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Speaker 1: with some big news about the Ali Baba Group holding

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Speaker 1: executive ice chairman Joe Sigh, and it looks like he

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Speaker 1: is about to join the NFL if he gets his wife.

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Speaker 1: Some e commerce billionaires are are are pairing up, as

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Speaker 1: you said, Joe Side joining Michael Rubin, the man who

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Speaker 1: runs Fanatics, in their bid group to to buy the

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Speaker 1: Carolina Panthers, the NFL team that's been up for sale

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Speaker 1: for a couple of months now, ever since Jerry Richardson

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Speaker 1: put it on the market. Scott, there's looks like there's

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Speaker 1: three horses in this race. Um it is it is

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Speaker 1: Uh Temper, David Tepper, Navarro and Ben naval Row. If

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Speaker 1: this is just about dollars and cents. And I mean,

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Speaker 1: we know Josiah is going to be a limited partner,

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Speaker 1: so he can't write the huge check because he's not

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Speaker 1: going to be the managing partner here. That would be Reuben.

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Speaker 1: But if this is gonna come down to who wants

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Speaker 1: to write the biggest check, David Tepper can do it.

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Speaker 1: But his history shows that he's a value investor. So

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Speaker 1: is he gonna overbid just to get this NFL team?

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Speaker 1: His history suggests no. The NFL, if you're looking for

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Speaker 1: strategic partners, they have already aligned themselves with Fanatics. They

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Speaker 1: are an investor in the company and to have access

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Speaker 1: to Joe si who by the way, also bought a

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Speaker 1: stake of the Brooklyn Nets with the chance to get

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Speaker 1: control in three years, and his contacts in Asia, that

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Speaker 1: has to be an attractive proposal to the NFL. Let's

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Speaker 1: talk about the Fanatics NFL relationship. The NFL owns a

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Speaker 1: three percent stake in the e commerce giant. Fanatics runs

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Speaker 1: the NFL's online store. They run the online sta or

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Speaker 1: for a number of teams in the NFL as well.

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Speaker 1: The chances are if you're buying a jersey or a

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Speaker 1: hat or something you're going through fanatic. Exactly does that

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Speaker 1: help or hurt in in these in these talks? Is

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Speaker 1: is that a plus for Michael Rubin as he as

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Speaker 1: he total plus. You like to do business, especially in

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Speaker 1: these sports leagues, when you're buying and selling with people

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Speaker 1: you're comfortable with, people you trust, and to have that

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Speaker 1: existing relationship, to have sat across the table shook hands

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Speaker 1: made deals. That only helps Ruben's cause. Let's talk about

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Speaker 1: price for a second. Uh. Forbes says this Carolina franchise

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Speaker 1: worth two point three billion dollars. Uh, My gut tells

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Speaker 1: me this sale might go in a little under that.

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Speaker 1: What do you think right right around there? Yeah, it's

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Speaker 1: one of those where I think they got it right

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Speaker 1: this time. Because of the national revenues. This is not

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Speaker 1: one of the other leagues where it's so much involved

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Speaker 1: in how much you keep locally. There's so much money

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Speaker 1: that's shared in the NFL. You know what the media

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Speaker 1: contracts are. We can take a pretty good guest Evan

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Speaker 1: that the next media contracts two, they're only going higher.

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Speaker 1: You have sports betting on the horizon that will be

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Speaker 1: ancillary revenue for NFL teams. So while we've heard so

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Speaker 1: much about ratings, ratings, creatings, concussions, concussions, all signs from

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Speaker 1: a dollar signed perspective for the NFL for the near

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Speaker 1: future going nowhere went up. But you're talking about three

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Speaker 1: strong people going for the Panthers. I mean, I don't

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Speaker 1: know who's going, but I would jump in differently then

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Speaker 1: I would say only three. Some years ago you'd have five, six, seven, eight.

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Speaker 1: But what's happened now is the price of these franchises

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Speaker 1: has gotten so high. I am now Michael Rubin. NFL

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Speaker 1: rules say I have to put down thirty in cash,

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Speaker 1: which means I have to cut a check if the

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Speaker 1: price that we're talking about is right seven hundred and

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Speaker 1: fifty million dollars if I want to be the controlling partner.

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Speaker 1: There's just a limited supply of people who have the

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Speaker 1: net worth and the wherewithal to cut that check and

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Speaker 1: who want to be involved worth mentioning also that there

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Speaker 1: are a few other NFL teams that folks in the

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Speaker 1: business world are expecting are going to be hitting the

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Speaker 1: market at some point in the next couple of years.

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Speaker 1: So a lot of people who might have been been

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Speaker 1: willing to bid on the Panthers if they thought that

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Speaker 1: was their only shot at breaking into this club. May

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Speaker 1: also be waiting on another franchise. Very quickly, you mentioned

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Speaker 1: about sports betting and next month the Supreme Court they're

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Speaker 1: gonna have this before them and they'll probably make their ruling.

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Speaker 1: What do you think, guys, We have talked about this

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Speaker 1: for the past few months. Ebin knows as well. Everybody

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Speaker 1: is ramping up. All the non sports betting companies are

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Speaker 1: putting the infrastructure in place. They're putting the people place.

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Speaker 1: Eban's been out to mom if I mean, what does

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Speaker 1: that look like. Yeah, they down in Montmuth, New Jersey,

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Speaker 1: the race track there, William Hill, the famed London broker

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Speaker 1: uh and and and sports book. They've bought a bar

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Speaker 1: there and they're ready to move that as soon as

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Speaker 1: possible when the Supreme Court makes its ruling, which could

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Speaker 1: come next week, it could come next month, they could

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Speaker 1: come anytime before June. Um. Yes, this is going to

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Speaker 1: have a monumental seismic impact on sports business. Let's talk

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Speaker 1: about two other topics, and they both involved NASCAR and

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Speaker 1: probably the biggest one involves seven time champion Jimmy Johnson

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Speaker 1: and his sponsor Lows, one of the last remaining corporate

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Speaker 1: giants in NASCAR announced that it will not sponsor Johnson's

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Speaker 1: car after this season. That's not good news outside of

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Speaker 1: the Confederate flag on the general le for Bowen Luke Duke.

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Speaker 1: I can't think of many other things attached to a

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Speaker 1: car that I'm familiar with. And I did know that

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Speaker 1: Lows was Jimmy Johnson's car because he's Jimmy Johnson and

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Speaker 1: he's won so much and he's so visible. This is

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Speaker 1: another brand that had aligned itself with the sport that

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Speaker 1: is looking to put its dollars to work elsewhere. That

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Speaker 1: has got to concern NASCAR, and not even not even

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Speaker 1: limiting what it's putting in, it's going full stop. You know,

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Speaker 1: they're going from twenty plus million dollars a year to

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Speaker 1: be on the hood of the best driver for what

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Speaker 1: I understand, one of the best, if not the most

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Speaker 1: famous drivers in NASCAR to nothing. You know, there's no

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Speaker 1: middle ground there. They are out. As Scott mentioned, you

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Speaker 1: look at the other company's target Sprint, Farmers, Dollar, General,

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Speaker 1: Go Daddy. These are all companies that were big in

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Speaker 1: NASCAR that have pulled out in the past couple of years. Well,

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Speaker 1: part of this too is home Deepot pulled out and

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Speaker 1: I'm wondering if Lows staying in longer than they wanted to.

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Speaker 1: Lows is just saying that they're looking to put the

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Speaker 1: money to use elsewhere, different marketing plan um and if

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Speaker 1: they're not reaching the target audience, you would think there

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Speaker 1: would be a great symbiotic relationship between the NASCAR fan

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Speaker 1: and the home improvement buyer. But if that's not the case,

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Speaker 1: who's watching? Who's going? Where do I go for sponsor? Michael,

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Speaker 1: If you're a young driver and you're seeing Jimmy Johnson

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Speaker 1: lose Lows after seventeen years or whatever, it's been like,

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Speaker 1: I can't imagine that's an optimistic view of the of

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Speaker 1: the future of the business side of your sport. Well,

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Speaker 1: the sponsorship structure is like a dinosaur. You know. Back

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Speaker 1: in the day when Johnson signed two thousand one, he

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Speaker 1: signed with Lows, and that sponsorship was for all the

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Speaker 1: races that we're going to be in the Cup Series,

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Speaker 1: and that used to be in the past. I mean,

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Speaker 1: you think way back Richard Petty had STP. They were

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Speaker 1: there for the entire racing season. But those sponsorships and

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Speaker 1: those deals are their dinosaurs. Now let's talk about NASCAR again,

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Speaker 1: which is good news. This time Twitter, maybe Twitter and

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Speaker 1: Nascar well again put racing fans in the virtual driver's seat,

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Speaker 1: expanding their live streaming deal with fifteen races during the

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Speaker 1: second half of this season. Guys, I have a proposal

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Speaker 1: for we do number of the week. We should do

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Speaker 1: O T T Signing of the Week or social media

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Speaker 1: live It does seems as though every week we're talking

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Speaker 1: again about last week, Facebook and exactly you can have

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Speaker 1: like a roulette wheel going Twitter and sport Um. Yeah,

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Speaker 1: certainly seems as though the proliferation, as we talk ab out,

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Speaker 1: seemingly every week of live rights shifting over to to

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Speaker 1: these social media giants. Be at Facebook, be a Twitter, Amazon,

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Speaker 1: I would put in that category as well. Uh, doesn't

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Speaker 1: seem to be stopping at any point. Now here's the thing.

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Speaker 1: This is great news for the young fans of NASCAR,

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Speaker 1: but if you're an old geezer like me, it's like,

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Speaker 1: my goodness, what's this Twitter thing? All of a sudden

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Speaker 1: now is like, well wait a minute. What happens here

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Speaker 1: is like how do I get this? They don't care

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Speaker 1: about your bar, You're on your instant snap they don't

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Speaker 1: care about your bar. How do I reach the consumers

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Speaker 1: of tomorrow? That's what they're looking at. We need to

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Speaker 1: bring up also about John Skipper. Yeah, Jim Miller in

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Speaker 1: the Hollywood Reporter answering the question Evan and I have

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Speaker 1: been getting from so many people since Kipper Skipper resigned

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Speaker 1: at ESPN, like what happened? John Skipper says he had

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Speaker 1: a recreational cocaine usage problem, but that he was being

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Speaker 1: extorted by somebody he tried to buy cocaine from. That

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Speaker 1: was the straw that broke the camel's back and buy

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Speaker 1: a Biger said, you've compromised the company. You've compromised ESPN

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Speaker 1: and Disney. You have to go. The interview is is

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Speaker 1: pretty candid that there are still some questions out there,

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Speaker 1: but it does bring to lighted Scott said, a mystery

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Speaker 1: that's been kind of proliferating sports business for a while.

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Speaker 1: And you can certainly understand why an executive, high ranking

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Speaker 1: executive at a Disney company, uh puts the company in

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Speaker 1: a weird position if suddenly his cocaine use is going

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Speaker 1: to be going public. Our thanks to Bloomberg, Business of

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Speaker 1: Sports reporter Evan Nobi Williams, and now Scott and I

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Speaker 1: speak with the athletic director of Syracuse University, John Wildhack.

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Speaker 1: John spent many years at ESPN, rising through the ranks,

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Speaker 1: becoming one of the most popular folks there, but decided

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Speaker 1: to go back to his alma mater at a time

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Speaker 1: when they were looking to start a network. It was

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Speaker 1: an interesting decision. Then, it's an interesting decision now, lots

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Speaker 1: to do John, Thanks for joining us. Thanks good to

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Speaker 1: be with you. And Michael, let me ask you on

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Speaker 1: a on a very dollars and cents basis, what's the

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Speaker 1: difference between making the n C a tournament, whether it's

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Speaker 1: playing game whatever, you're in the field, making the tournament

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Speaker 1: and missing the tournament? You know, from a period dollars

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Speaker 1: and said, it's not it's not astronomical because ultimately, the

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Speaker 1: payoffs for the n C tournament, it's the payoffs go

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Speaker 1: to the conference and they're based on units that the

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Speaker 1: conference earns, and those units are based on how many

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Speaker 1: teams and how far they advance and in the tournament.

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Speaker 1: So obviously getting in as nice and getting in as

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Speaker 1: many teams as terrific for the conference and then all

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Speaker 1: the schools and then the next step is all right,

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Speaker 1: how far can how far can the team's advance? Alright,

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Speaker 1: so it's go Virginia, Go North Carolina, go Duke from

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Speaker 1: your perspective, But what about past that? What about the

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Speaker 1: promotion of it all? Just for the program? How important

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Speaker 1: is it to maintain that visibility? I think for the

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Speaker 1: program it's important. And last year around the bubble and

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Speaker 1: we didn't get in, and you know, this year particularly,

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Speaker 1: is such a young team you to to make it

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Speaker 1: um and that creates I think some anticipation in some

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Speaker 1: uh in some excitement you know for next year, and

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Speaker 1: a couple that with um, you know, the kids that

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Speaker 1: we have joined the program next year, so you know,

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Speaker 1: it's at all It's part of the narrative is is

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Speaker 1: we think we've got a really young program um in

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Speaker 1: terms of the kids that they're in it um. As

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Speaker 1: they mature and as they get a year of experience

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Speaker 1: under their belt, you know, will be better next year.

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Speaker 1: So I think that that creates excitement amongst the amongst

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Speaker 1: the fan base. This is a question about vernacular, because yes,

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Speaker 1: we call it the play in games. But when this

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Speaker 1: first expanded to sixty eight teams, the n C double

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Speaker 1: A did not like that phrase playing Why you know, Michael,

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Speaker 1: I don't know. You have to ask the n C A. Yeah,

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Speaker 1: we're just we're we're happy to be in the tournament.

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Speaker 1: And U, I think every all the sixty eight schools

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Speaker 1: are happy to be in the tournament. And wherever you

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Speaker 1: play or what of a round they want to call? What?

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Speaker 1: You know, what you play in? Um? Is? You know?

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Speaker 1: Is im material? You're talking about teams here in the

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Speaker 1: tournament first of all that deserved to be there and

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Speaker 1: that they avoided going to the inn I T and

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Speaker 1: not trying to slam the n I T, but just

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Speaker 1: the the prestige of being in the n C Double

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Speaker 1: A tournament. Can you take us through that? Oh? I

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Speaker 1: think you know there's what there's three in or fifty

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Speaker 1: schools they're playing D one basketball about that number. So

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Speaker 1: you know, when you're one of the sixty eight that

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Speaker 1: gets in a you know, approximately three and fifty, UM,

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Speaker 1: you know that says something about your about your program.

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Speaker 1: And we got in obviously at large. In the number

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Speaker 1: at large births are really relatively small because so many

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Speaker 1: of the bids to the tournament go to UH the

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Speaker 1: automatic qualifiers, the conference tournament champions. So you know, in

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Speaker 1: that regard, if you're in at large selection, I think

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Speaker 1: that you know, is even more uh telling about the

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Speaker 1: you know, the ouplishments of the of your program and

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Speaker 1: how well respected your program is within uh, you know,

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Speaker 1: within the basketball college basketball community. We are chatting with

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Speaker 1: John wild Act, the athletic director at Syracuse University, a

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Speaker 1: private school. John, so we don't get that look at

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Speaker 1: the athletics statement that we see at the public universities,

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Speaker 1: but generally or as mostly detailed as you can, how

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Speaker 1: are things on the revenue and expense side of sports

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Speaker 1: at Syracuse? Yeah, we were. You know, we worked really

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Speaker 1: we worked really hard. Um every day is is ever

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Speaker 1: any enterprise does. Is you want to maximize your revenue opportunities.

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Speaker 1: You want to be as efficient as you can on

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Speaker 1: your costs and uh, you know, obviously being part of

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Speaker 1: the a SEC Conference CEO helps us and being in

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Speaker 1: the Power five group and you know we uh, you know,

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Speaker 1: we we try to manage the enterprise is smartly and

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Speaker 1: uh is efficiently as possible and to create really a

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Speaker 1: great experience you know for six student as leets and

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Speaker 1: uh and I think you know, I'm pretty comfortable that we,

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Speaker 1: uh that were doing pretty well in that regard. Is

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Speaker 1: it the same as most places where football and basketball

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Speaker 1: are the loan money makers? Yeah? I mean for you know,

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Speaker 1: for almost everyone, you know, every d one school is

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Speaker 1: you know, your your primary sources of you know of

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Speaker 1: of kind of ticket sales revenue, right, um is going

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Speaker 1: to be you know, through football and men's basketball. I

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Speaker 1: guess I'm going through some old history here. But for

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Speaker 1: thirty six years you were with ESPN and then one

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Speaker 1: day you decided, Hey, I'm going to go to Syracuse

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Speaker 1: to be the a D. Talk about those years at

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Speaker 1: ESPN and what made you decide to take this job.

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Speaker 1: I'm normal going over some old ground because this is

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Speaker 1: from like about two years ago. But what made you

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Speaker 1: decide to go from ESPN for a long career to

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Speaker 1: be the a D at Syracuse? Well, it's yeah, I've

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Speaker 1: been here a little over a year and a half, Michael,

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Speaker 1: and my time at ESPN, I was there for you know,

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Speaker 1: from a time I graduated here was it was a

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Speaker 1: remarkable experience and a remarkable run in Uh, it's one

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Speaker 1: I'm forever grateful for tremendous, very fond memories from the

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Speaker 1: early days of ESPN. When we were we were nothing

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Speaker 1: more than a startup hoping to survive from day to day,

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Speaker 1: the week, the week, the month of month. And you know, ultimately,

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Speaker 1: you know, the company grew into what it became. And

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Speaker 1: I've got, uh, you know, a lot of a lot

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Speaker 1: of people who remained good friends to this day and

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Speaker 1: will always uh be good friends. And um, the operating

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Speaker 1: to come back here was was unique in that it

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Speaker 1: certainly wasn't anticipated. And when the opportunity arose and I

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Speaker 1: was first approached, um, you know I was. I was

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Speaker 1: not all that open to it, to be honest with you,

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Speaker 1: because we we really enjoyed Connecticut and my wife's from Connecticut,

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Speaker 1: my kids are you know, they were in a great

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Speaker 1: situation satan there as well so and the weather is

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Speaker 1: so wonderful and the weather is so wonderful and Central

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Speaker 1: New York, don't I mean that's I'll tell you what it's.

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Speaker 1: I think it's nice in Central New York that it

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Speaker 1: isn't Connectic touche touchet feel for those people. So um,

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Speaker 1: you know, I think you know, we moved to Syracuse

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Speaker 1: and the weather got better. That's my line, and I'm

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Speaker 1: sticking to it. But on the Opporney rose and after

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Speaker 1: you considered it, we talked about as a family, you know,

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Speaker 1: we wanted was something we decided, you know that I

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Speaker 1: wanted to pursue and uh and I did it because

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Speaker 1: of the uh, you know, the affection that I have

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Speaker 1: for this place and what what it's meant to me

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Speaker 1: in my career and the development to me as an individual.

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Speaker 1: And what really sealed it is when I was able

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Speaker 1: to spend time Saturday morning with the Chancellor and and

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Speaker 1: to get to know him. And I think it's really important.

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Speaker 1: You want to you know, you want to work for

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Speaker 1: for for somebody that you respect is in in in

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Speaker 1: all aspects of the word. And I you know, I

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Speaker 1: have tremendous respect for for chance or Severn Rout. Privileged

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Speaker 1: to to work for him, and privilege and honored to

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Speaker 1: be back here. You're talking to a bunch of old hats.

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Speaker 1: So when I bring this up, you're gonna understand the

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Speaker 1: importance of this. When you were at ESPN, you were

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Speaker 1: part of history. You were there for the first NFL

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Speaker 1: game ever broadcast on ESPN, and I mean that was

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Speaker 1: that was groundbreaking back then. Yeah, Michael wasn't When we

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Speaker 1: got the NFL contract in seven. It was that really

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Speaker 1: put ESPN on the map because that just gave the

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Speaker 1: company so much credibility because the NFL obviously is is

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Speaker 1: uh is the most successful and the most watched sports

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Speaker 1: league by far in uh you would were able to

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Speaker 1: secure you know, that that contract, that that legitimized ESPN

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Speaker 1: as a company. And yeah, I was privileged to and

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Speaker 1: to be selected to be the game producer when we

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Speaker 1: obtained the rights, and uh, you know that's you know,

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Speaker 1: on on the on the career, you know, on the

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Speaker 1: career highlight was that, certainly, you know, right up there

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Speaker 1: near the top. There's no question. Hey John, I'm Syracuse

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Speaker 1: ninety two new house. And when I was there, I

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Speaker 1: was literally using carbon paper on type writer written scripts,

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Speaker 1: taping them together and feeding them into the teleprompter. And

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Speaker 1: people say, today, well, how is the media business changed

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Speaker 1: since you know, well, one of the carrots for you

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Speaker 1: surely taking this job was the A c C network

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Speaker 1: Speaking of ESPN, walked me through the mindset of how

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Speaker 1: the business of media is changing college sports. Well, I

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Speaker 1: mean it's changed, Scott, It's changed dramatically. And you pay

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Speaker 1: college foot off for an example, really used to be.

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Speaker 1: You go back, you know, twenty years ago. Was it

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Speaker 1: really a regional sport? Right? You know? ABC did four

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Speaker 1: games in the three window and they went to this

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Speaker 1: percent of the country here in here and four percent here,

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Speaker 1: and you know there was you know, one maybe two

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Speaker 1: windows a week. ESPN did a bunch of games on Saturday,

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Speaker 1: and you know, CBS was around with you know some

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Speaker 1: big easter you know, big ten or whatever, and our

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Speaker 1: regional sport though with some with some pretty good national brands. Yeah,

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Speaker 1: and it was and it was a regional sport with

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Speaker 1: national brands. It was one of the things that we

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Speaker 1: did when you know, at ESPN, we just said, hey,

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Speaker 1: you know what, you know this this is this is

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Speaker 1: a national sport. There are national brands, and we got

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Speaker 1: to get out we're you know, the days of you

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Speaker 1: know what, we just televised things in regional windows. You know,

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Speaker 1: we got to televise games nationally and just it exploded

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Speaker 1: and I think you know, and that dovetailed with just

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Speaker 1: you know, the the explosion of linear options, right because

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Speaker 1: you know, ESPN ultimately led the ESPN to which ultimately

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Speaker 1: led the ESPNU, which ultimately led the more windows on

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Speaker 1: ABC as well, so all of a sudden, you know,

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Speaker 1: there's so many more possibilities to broadcast games nationally. It

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Speaker 1: just wasn't ESPN either was you know, other networks as well.

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Speaker 1: So I just the explosion in the linear world provided

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Speaker 1: those options in those in it in the ability to

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Speaker 1: schedule you know, more and more games on the national basis,

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Speaker 1: and now more recently, uh, the explosion to digital media.

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Speaker 1: I mean it's you know, it's ESPN three. I mean

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Speaker 1: there's no band with restrictions whatsoever, so you know, you

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Speaker 1: can there there is no limit to how many games

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Speaker 1: you can televise. Is there enough content out there for

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Speaker 1: all of these new platforms that seem to be popping up? Yeah,

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Speaker 1: I mean it's amazing because and that's always been Hey,

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Speaker 1: you know, all right, go back to Rhade's ESPN twenty

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Speaker 1: four hours a day, seven days week sports. I mean,

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Speaker 1: you know that's that's ridiculous. But I like the World's

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Speaker 1: Youngest Man competition though that that was magnus Ver. Magnusen

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Speaker 1: became a household name. You know, Australian rules football too, right,

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Speaker 1: the own a little too little monster truck play. You

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Speaker 1: can't forget those now, guys even barrel jumping. I love that.

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Speaker 1: And how about darts, Yeah, Chris Brown calling darts. I

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Speaker 1: mean they don't you know, that's you know, that's high

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Speaker 1: quality content. Tongue in cheek um. But there you know,

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Speaker 1: there's always been the question, hey, you know, is there

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Speaker 1: is there enough appetite um you're for sports, and it's

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Speaker 1: almost an insatiable appetite um. And sports has just grown.

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Speaker 1: It's impact on our society and our culture is just

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Speaker 1: grown exponentially, you know, in the in the past, you know,

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Speaker 1: ten twenty thirty years. So there's there's plenty, there's plenty

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Speaker 1: of content and people, you know, people now, you know,

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Speaker 1: they want to get they want to see the game.

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Speaker 1: They want and they want it live and their fine

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Speaker 1: watching on their iPad, to watch on their iPhone, to

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Speaker 1: watch it wherever. But they want to be able to

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Speaker 1: watch it. And that's something I wanted to expand on

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Speaker 1: because now, yes, there are many people who are Syracuse

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Speaker 1: fans and you don't have to be in the area

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Speaker 1: around Syracuse just to enjoy it. You can take it anywhere.

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Speaker 1: You can take it out to California, you can take

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Speaker 1: it down to Florida. Anybody who went to Syracuse or

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Speaker 1: is a Syracuse fan can enjoy this across the nation.

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Speaker 1: And I want to ask you, is that part of

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Speaker 1: the reason why you think that streaming has become so popular? No,

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Speaker 1: no question, Michael, And I said, and like so many

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Speaker 1: you know, we're a national brand at Cherracuse is international

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Speaker 1: brand um. So you know, we're just not geographically restricted

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Speaker 1: to Central New York or New York State. We're a

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Speaker 1: national brand and we have the research to back that up.

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Speaker 1: And you know, I've seen that in my travels at

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Speaker 1: ESPN and since I've been back at Syracuse, you know,

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Speaker 1: and I wear something with that block gust. That's you know,

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Speaker 1: that's that's recognized and respected. And we're international as well.

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Speaker 1: Tent percent of our student athletes or international. We've kids

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Speaker 1: from Australia, We've kids from Europe, We've kids from Canada, um,

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Speaker 1: the continent of Africa. So it's you know, sports is

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Speaker 1: global uh um, and our brand is global in uh

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Speaker 1: in other schools, same thing for other schools. I know

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Speaker 1: when you don't want to discuss business at the dinner table,

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Speaker 1: but when you mentioned the black as that brings in

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Speaker 1: a lot of money to the merchandise. You know from

428
00:23:16,119 --> 00:23:20,960
Speaker 1: jerseys and so on, and can you expand on that? Well,

429
00:23:21,000 --> 00:23:22,440
Speaker 1: I just you know, I think when you have you know,

430
00:23:22,520 --> 00:23:24,520
Speaker 1: when you have a brand, when you have a great brand,

431
00:23:24,520 --> 00:23:26,840
Speaker 1: which we do, you know, part of what you know,

432
00:23:27,119 --> 00:23:29,720
Speaker 1: people want to become associated with that brand, and it's

433
00:23:29,760 --> 00:23:32,440
Speaker 1: you know, it's whether it's your fans, whether it's your sponsors,

434
00:23:33,040 --> 00:23:36,600
Speaker 1: whether it's your media networks. Um. And we're fortunate to

435
00:23:36,640 --> 00:23:41,600
Speaker 1: have a brand which which is a highly respected, you know,

436
00:23:41,680 --> 00:23:44,800
Speaker 1: recognizable and international. So you know we're gonna we're gonna

437
00:23:44,920 --> 00:23:48,080
Speaker 1: leverage that to our ability and do so in a

438
00:23:48,119 --> 00:23:50,720
Speaker 1: way that benefits you know, benefits all our sports and

439
00:23:50,760 --> 00:23:53,960
Speaker 1: benefits the university, just not athletics, but the university as well,

440
00:23:54,000 --> 00:23:57,560
Speaker 1: because listen, we're you know, we're in some ways we're

441
00:23:57,640 --> 00:24:00,399
Speaker 1: marketing armed for the university and and we want to

442
00:24:00,440 --> 00:24:03,200
Speaker 1: be a great partner in that respect. The front porch

443
00:24:03,280 --> 00:24:05,439
Speaker 1: and we're chatting with John wild Act, the athletic director

444
00:24:05,480 --> 00:24:07,520
Speaker 1: at Syracuse University. And I don't know if it's the

445
00:24:07,520 --> 00:24:09,879
Speaker 1: front port but it's one of the portraits. Yeah. But

446
00:24:10,040 --> 00:24:12,520
Speaker 1: either way, there's no blocking my exit and entrance. I

447
00:24:12,560 --> 00:24:14,840
Speaker 1: can tell you that much. Where do you stand and

448
00:24:14,880 --> 00:24:17,040
Speaker 1: where do you stand on the pay the players, don't

449
00:24:17,080 --> 00:24:21,080
Speaker 1: pay the players debate. I think if you begin to pay, Yeah,

450
00:24:21,080 --> 00:24:23,159
Speaker 1: if you begin to pay the players, then you know,

451
00:24:23,200 --> 00:24:27,760
Speaker 1: there is no no amateur tourism whatsoever. And I think ultimately,

452
00:24:27,960 --> 00:24:29,760
Speaker 1: you know what it could lead to is you know,

453
00:24:30,359 --> 00:24:34,479
Speaker 1: is you know, you might have twenty schools you know

454
00:24:34,520 --> 00:24:38,000
Speaker 1: that can really exist in compete in that type of environment,

455
00:24:38,119 --> 00:24:40,719
Speaker 1: and and the other schools won't be able to. And

456
00:24:40,760 --> 00:24:44,640
Speaker 1: I just I think and I understand people who who

457
00:24:44,720 --> 00:24:48,480
Speaker 1: say players should be compensated, but you know, go back

458
00:24:48,520 --> 00:24:50,840
Speaker 1: to what you said earlier. You know, football, and primarily

459
00:24:50,880 --> 00:24:54,880
Speaker 1: for most places football, men's basketball. You know, they support

460
00:24:55,440 --> 00:24:58,800
Speaker 1: you know, the Olympic sports. So if you begin to

461
00:24:58,840 --> 00:25:02,720
Speaker 1: pay players, I what's the impact on Olympic sports? Um,

462
00:25:02,800 --> 00:25:05,359
Speaker 1: If you pay players, you're really taken into account the

463
00:25:05,440 --> 00:25:08,320
Speaker 1: value you know of a scholarship, which at a place

464
00:25:08,400 --> 00:25:12,560
Speaker 1: like Syracuse is significant. UM. You take you know everything

465
00:25:12,560 --> 00:25:14,679
Speaker 1: else that we do in a sense from you know,

466
00:25:14,720 --> 00:25:21,480
Speaker 1: academic support, UM. You know, from you know, training, rehab development,

467
00:25:21,800 --> 00:25:26,200
Speaker 1: educational development, personal development, human development, you know, things outside

468
00:25:26,200 --> 00:25:28,440
Speaker 1: of athletics. And I just I think if you get

469
00:25:28,480 --> 00:25:32,280
Speaker 1: into the pay the pay model, I think I think

470
00:25:32,280 --> 00:25:36,199
Speaker 1: the ramifications would be would be extraordinary. Well, speaking of

471
00:25:36,240 --> 00:25:40,920
Speaker 1: development and redevelopment, where do things stand with the upgrade

472
00:25:40,960 --> 00:25:44,720
Speaker 1: of the Carrier dome? You know the you know the

473
00:25:44,800 --> 00:25:47,080
Speaker 1: dome is you know Scott, you know the domes that

474
00:25:47,200 --> 00:25:49,600
Speaker 1: conic It's one of the great one of the great

475
00:25:49,640 --> 00:25:51,720
Speaker 1: arenas in the country, just not you know, I'm just

476
00:25:51,760 --> 00:25:53,639
Speaker 1: not a college are one of the great arenas, one

477
00:25:53,680 --> 00:25:56,080
Speaker 1: of the most visible. And the first thing we want

478
00:25:56,080 --> 00:25:59,080
Speaker 1: to do is make a decision what I don't pretend

479
00:25:59,119 --> 00:26:01,239
Speaker 1: to be an architect or or an engineer at all,

480
00:26:01,280 --> 00:26:03,520
Speaker 1: but a right, you know, we we know we've got

481
00:26:03,520 --> 00:26:05,560
Speaker 1: a shelf life. We have to replace the roofs. So

482
00:26:05,640 --> 00:26:07,440
Speaker 1: what type of roof do we want to put on there?

483
00:26:08,080 --> 00:26:11,280
Speaker 1: And then you know, from there that will allow us

484
00:26:11,280 --> 00:26:14,040
Speaker 1: to get a sense all right, what else can we do?

485
00:26:14,480 --> 00:26:17,639
Speaker 1: What other amenities to uh you know do we do?

486
00:26:17,640 --> 00:26:20,119
Speaker 1: We want to make But the first thing is what

487
00:26:20,160 --> 00:26:21,600
Speaker 1: are we what are we going to put? What kind

488
00:26:21,640 --> 00:26:23,240
Speaker 1: of roof are we gonna put on top of the dome?

489
00:26:23,560 --> 00:26:24,919
Speaker 1: So what kind of roof are you gonna put on

490
00:26:24,960 --> 00:26:27,720
Speaker 1: top of the dome? I don't know yet. If we're

491
00:26:27,720 --> 00:26:30,320
Speaker 1: studying that and Uh, hope to be able to make

492
00:26:30,359 --> 00:26:34,040
Speaker 1: a recommendation to uh, you know later the spring is

493
00:26:34,080 --> 00:26:36,600
Speaker 1: the state kicking in money. At this point, where are

494
00:26:36,640 --> 00:26:39,840
Speaker 1: focusing on. My focus is totally more on on the dome,

495
00:26:39,960 --> 00:26:43,800
Speaker 1: the project, the roof, that type of thing. Um. You know,

496
00:26:43,840 --> 00:26:47,119
Speaker 1: there's been you know, there's been no. Yeah, I've not

497
00:26:47,160 --> 00:26:50,119
Speaker 1: been any conversations zo with with with anyone, you know,

498
00:26:50,160 --> 00:26:52,800
Speaker 1: in terms of financing, et cetera, that type of thing. Well,

499
00:26:52,800 --> 00:26:55,439
Speaker 1: since this is a sports business program, some of the

500
00:26:55,480 --> 00:26:57,520
Speaker 1: time or a good chunk of the money sometimes comes

501
00:26:57,520 --> 00:27:00,320
Speaker 1: from naming rights. Carrier has the rights in perfect actuity.

502
00:27:00,400 --> 00:27:03,240
Speaker 1: That deal was done a long time ago. There has

503
00:27:03,280 --> 00:27:07,240
Speaker 1: been some talk about renegotiation or ending if the dome

504
00:27:07,440 --> 00:27:10,359
Speaker 1: in this new development becomes sort of a what would

505
00:27:10,400 --> 00:27:13,880
Speaker 1: be construed as a totally new facility or different from

506
00:27:13,920 --> 00:27:16,159
Speaker 1: the one that they signed the deal with. Have you

507
00:27:16,200 --> 00:27:19,760
Speaker 1: had any constructive talks with Carrier about either paying up

508
00:27:19,880 --> 00:27:22,600
Speaker 1: or moving on. Yeah, I think it's premature because we've

509
00:27:22,600 --> 00:27:24,639
Speaker 1: got to We've got to decide what we're gonna do. First,

510
00:27:25,359 --> 00:27:28,640
Speaker 1: We're talking with the athletic director at Syracuse University, John

511
00:27:28,680 --> 00:27:32,760
Speaker 1: wild Hack. Next month, the U. S. Supreme Court make

512
00:27:32,760 --> 00:27:38,840
Speaker 1: a decision about gambling outside of just Nevada, and this

513
00:27:38,880 --> 00:27:42,080
Speaker 1: could be the last n C Double A tournament where

514
00:27:42,119 --> 00:27:45,080
Speaker 1: you can only bet in Nevada. Now I bring this

515
00:27:45,200 --> 00:27:49,440
Speaker 1: up for two reasons. One your thoughts about that and

516
00:27:49,520 --> 00:27:52,080
Speaker 1: to and I hate to be Captain cold Water And

517
00:27:52,160 --> 00:28:00,440
Speaker 1: to your problem, Well, that's that's we knew that this is.

518
00:28:02,480 --> 00:28:06,280
Speaker 1: This is something I I worry about because now this

519
00:28:06,359 --> 00:28:12,040
Speaker 1: goes across the nation. What are the odds of any college, UH,

520
00:28:12,160 --> 00:28:16,920
Speaker 1: somebody trying to influence the kids saying, hey, do something

521
00:28:17,000 --> 00:28:20,040
Speaker 1: sinister and I will pay you this. That's something that

522
00:28:20,160 --> 00:28:22,719
Speaker 1: sticks in my mind. So I'd like to ask if

523
00:28:22,760 --> 00:28:25,960
Speaker 1: you can comment on both of those. Well, I think obviously,

524
00:28:26,119 --> 00:28:30,399
Speaker 1: you know, the entire sporting world, UM, you know, is

525
00:28:30,480 --> 00:28:33,520
Speaker 1: keeping their eye on on the Supreme Court in UH

526
00:28:33,600 --> 00:28:37,680
Speaker 1: and ultimately the ruling in the decision still making the ramifications.

527
00:28:38,320 --> 00:28:40,400
Speaker 1: You know of that. And again you know college is

528
00:28:40,480 --> 00:28:43,440
Speaker 1: part of it. But it's going to impact potentially impacts

529
00:28:43,480 --> 00:28:46,080
Speaker 1: every sport as we know it today. And I think

530
00:28:47,040 --> 00:28:50,760
Speaker 1: the integrity, you know, the the integrity of the competition.

531
00:28:51,600 --> 00:28:54,520
Speaker 1: I think anybody who's in sports, whether you talk to me,

532
00:28:54,560 --> 00:28:58,080
Speaker 1: you talked to my parents, should talk to conference commissioners.

533
00:28:58,080 --> 00:29:01,080
Speaker 1: You talked to Roger Goodell, you talked to Adam you know,

534
00:29:01,160 --> 00:29:05,600
Speaker 1: Gary Bettman, you know you you know Rob Manford. The

535
00:29:05,640 --> 00:29:09,600
Speaker 1: integrity of the competition and protecting the integrity of the

536
00:29:09,600 --> 00:29:15,080
Speaker 1: competition is actually is absolutely say sacro sanct And you know,

537
00:29:15,200 --> 00:29:19,680
Speaker 1: anything that infringes upon that, um, you know ultimately can

538
00:29:19,720 --> 00:29:21,440
Speaker 1: be you know, can be very very you know, could

539
00:29:21,480 --> 00:29:25,200
Speaker 1: be damaging to any sport or all sports. And I

540
00:29:25,240 --> 00:29:27,479
Speaker 1: just want to clarify that too. I'm just bringing up

541
00:29:27,520 --> 00:29:32,400
Speaker 1: blabbing what if scenario? Obviously we know of no college

542
00:29:32,720 --> 00:29:35,680
Speaker 1: today that is going through that scenario. I just wanted

543
00:29:35,720 --> 00:29:39,480
Speaker 1: to bring that up there. So, John, how big a task?

544
00:29:39,560 --> 00:29:43,480
Speaker 1: How would you describe the task uh that Jimmy Pittaro

545
00:29:43,560 --> 00:29:47,200
Speaker 1: faces stepping in for John Skipper at ESPN. Well, I

546
00:29:47,240 --> 00:29:49,680
Speaker 1: think I mean Jimmy and hurts. You know a company,

547
00:29:49,760 --> 00:29:53,880
Speaker 1: and I think you know the reports it's kind of

548
00:29:53,920 --> 00:29:58,960
Speaker 1: Mark Twain, right, Um, you know the reports of ESPN

549
00:29:59,040 --> 00:30:03,720
Speaker 1: demise or or way way way, way way premature. Um.

550
00:30:03,800 --> 00:30:07,480
Speaker 1: You know, ESPN is the best sports brand out there. Um,

551
00:30:07,720 --> 00:30:12,720
Speaker 1: ESPN is an enormously successful company. Um. The challenges that

552
00:30:13,080 --> 00:30:18,200
Speaker 1: ESPNS face or not unique the ESPN. Um did they

553
00:30:18,240 --> 00:30:21,040
Speaker 1: face you know, they face every media company and that's

554
00:30:21,120 --> 00:30:23,880
Speaker 1: you know, and there's obviously been some cord cutting, no questions,

555
00:30:23,880 --> 00:30:27,640
Speaker 1: subscriber loss. ESPN feels the impact of that more than

556
00:30:27,680 --> 00:30:30,200
Speaker 1: others because of the fees they generate on a on

557
00:30:30,240 --> 00:30:34,920
Speaker 1: a monthly basis. But the company still incredibly, incredibly successful

558
00:30:35,200 --> 00:30:40,560
Speaker 1: as a terrific portfolio rights. Um. You know, has been

559
00:30:40,560 --> 00:30:43,520
Speaker 1: ahead of the game in terms of digital media, you know,

560
00:30:43,560 --> 00:30:46,200
Speaker 1: going back, you know ten years ago. Um, you know,

561
00:30:46,480 --> 00:30:49,520
Speaker 1: ESPN was first to kind embrace streaming, you know, to

562
00:30:49,600 --> 00:30:53,520
Speaker 1: watch ESPN. Um. Now you've got you know, the ESPN

563
00:30:53,520 --> 00:30:56,800
Speaker 1: Plus service which will launch this spring, which will be

564
00:30:56,840 --> 00:31:01,120
Speaker 1: a compliment to the ESPN linear services and really allow

565
00:31:01,280 --> 00:31:04,600
Speaker 1: for more customization, you know, for the consumer if they're

566
00:31:04,600 --> 00:31:07,680
Speaker 1: passionate about certain sports, et cetera, that type of thing.

567
00:31:08,160 --> 00:31:11,920
Speaker 1: So I think ESPN is incredibly well positioned. Um. You know,

568
00:31:11,960 --> 00:31:15,760
Speaker 1: the leadership team and ESPN that Jimmy will work with

569
00:31:15,880 --> 00:31:19,800
Speaker 1: is is very very strong. Um. It's it's you know,

570
00:31:19,840 --> 00:31:27,000
Speaker 1: an incredibly group of smart, talented, dedicated creative people. UM.

571
00:31:27,040 --> 00:31:29,640
Speaker 1: You know, Jimmy and and the ESPN has been blessed.

572
00:31:30,360 --> 00:31:33,360
Speaker 1: Um Disney has been a great owner. Um, Bob Iger

573
00:31:33,400 --> 00:31:36,520
Speaker 1: has been tremendous supporter of ESPN a the time that

574
00:31:36,600 --> 00:31:39,960
Speaker 1: I was there. When it came to renewing major rights deals.

575
00:31:40,080 --> 00:31:42,640
Speaker 1: You know, Bob was always you know, very very supportive,

576
00:31:43,200 --> 00:31:45,520
Speaker 1: you know, of of of what we wanted to do.

577
00:31:45,680 --> 00:31:49,600
Speaker 1: And um, you know, I think I think Jimmy uh,

578
00:31:49,880 --> 00:31:54,400
Speaker 1: I think Jimmy inherits a pretty I think he inherits

579
00:31:54,560 --> 00:31:57,920
Speaker 1: a company that's uh, that's that's very well positioned. And

580
00:31:57,960 --> 00:32:01,600
Speaker 1: Bob was very supportive. But as you know, the price

581
00:32:01,800 --> 00:32:05,920
Speaker 1: for entry for those rights has just absolutely mushroom. The

582
00:32:06,000 --> 00:32:08,840
Speaker 1: NBA was three x from its previous deals. Got to

583
00:32:08,840 --> 00:32:11,480
Speaker 1: look over your shoulder, to Amazon, to Facebook, just got

584
00:32:11,520 --> 00:32:16,480
Speaker 1: baseball games. Can you envision a world where just the

585
00:32:16,520 --> 00:32:19,560
Speaker 1: price for let's say the NFL, because you said before,

586
00:32:19,640 --> 00:32:22,560
Speaker 1: that's that's the monster, that's the big ratings draw. Can

587
00:32:22,560 --> 00:32:25,480
Speaker 1: you envision a world where ESPN can say, you know what,

588
00:32:25,800 --> 00:32:29,040
Speaker 1: it's a better decision for us to walk away from

589
00:32:29,120 --> 00:32:33,040
Speaker 1: live NFL games and show highlights. Ultimately, Scott, that day

590
00:32:33,080 --> 00:32:35,840
Speaker 1: could come, and I'm not sure it will come. You know.

591
00:32:35,920 --> 00:32:38,840
Speaker 1: The one thing in the NBA deal has been criticized

592
00:32:38,840 --> 00:32:41,360
Speaker 1: and I was there and we did it. Is I think,

593
00:32:41,440 --> 00:32:44,320
Speaker 1: you know, that deal long term and just to swap

594
00:32:44,360 --> 00:32:46,320
Speaker 1: the rights that he has been acquired in that deal

595
00:32:46,360 --> 00:32:49,880
Speaker 1: and the breadth of rights, you know, I think is

596
00:32:49,880 --> 00:32:54,680
Speaker 1: is you know, is immense, not only just linear but

597
00:32:54,800 --> 00:32:58,479
Speaker 1: also digital. You can globally scale the NBA and myriad

598
00:32:58,520 --> 00:33:00,800
Speaker 1: hostally and I think the PAN will do that. And

599
00:33:00,840 --> 00:33:03,120
Speaker 1: the other thing that ESPN did is you know, they

600
00:33:03,120 --> 00:33:04,960
Speaker 1: made a bet on the NBA. But you know what

601
00:33:05,240 --> 00:33:07,760
Speaker 1: ESPN didn't do is we and I was there then

602
00:33:07,760 --> 00:33:10,200
Speaker 1: as we chose not during New Nascar, as much as

603
00:33:10,200 --> 00:33:13,200
Speaker 1: we enjoyed, you know, the people in NASCAR, and you

604
00:33:13,240 --> 00:33:15,680
Speaker 1: know that was you know, that was a lot of

605
00:33:15,680 --> 00:33:18,400
Speaker 1: money in terms of rights, production, marketing, et cetera. That

606
00:33:18,440 --> 00:33:20,120
Speaker 1: type of thing. You know, there's some other things that

607
00:33:20,160 --> 00:33:22,800
Speaker 1: we passed on as well, So you know, we we

608
00:33:22,880 --> 00:33:26,240
Speaker 1: became more selective and we thought NBA and I think

609
00:33:26,520 --> 00:33:29,640
Speaker 1: that's proven to be right. We saw NBAS and an

610
00:33:29,640 --> 00:33:33,200
Speaker 1: ascendant property and I think it's proven to be that way.

611
00:33:33,200 --> 00:33:35,160
Speaker 1: And I think over the long term, I think that'll

612
00:33:35,880 --> 00:33:38,240
Speaker 1: you know, that'll be proved to be a smart deal

613
00:33:38,240 --> 00:33:40,240
Speaker 1: and not only for ESPN, but also Turner as well,

614
00:33:41,160 --> 00:33:43,320
Speaker 1: because remember, I mean, you know Turner, you know, Turner

615
00:33:43,360 --> 00:33:46,480
Speaker 1: paid this similar increase to as the ESPN did. And

616
00:33:46,520 --> 00:33:48,800
Speaker 1: I think if you Scott, if you called our fellow

617
00:33:48,880 --> 00:33:52,520
Speaker 1: along David Levy, he would echo, you know exactly what

618
00:33:52,560 --> 00:33:55,040
Speaker 1: I just told you in terms of you know, the

619
00:33:55,400 --> 00:33:59,920
Speaker 1: you know, the the the ascendance, ascendency of of the NBA.

620
00:34:00,160 --> 00:34:02,440
Speaker 1: Oh he's been he's been on the show before, by

621
00:34:02,480 --> 00:34:03,720
Speaker 1: the way, and none of us get a word in

622
00:34:03,840 --> 00:34:09,520
Speaker 1: edgewise one question. And I'm not gonna I'm not gonna,

623
00:34:09,520 --> 00:34:11,880
Speaker 1: you know, next time, I'm gonna filibuster. I'm not gonna

624
00:34:11,960 --> 00:34:17,799
Speaker 1: let you guys ask any questionslibuster. We're gonna just about

625
00:34:17,800 --> 00:34:21,640
Speaker 1: Dino Babers. I'm gonna talk about heard football, I'm gonna

626
00:34:21,640 --> 00:34:24,480
Speaker 1: talk about Q and our women's basketball program. And you

627
00:34:24,520 --> 00:34:27,360
Speaker 1: know I can go on and on um. But you

628
00:34:27,440 --> 00:34:30,880
Speaker 1: mentioned you know, you mentioned the you know, you know,

629
00:34:30,880 --> 00:34:33,920
Speaker 1: whether it's Facebook, Amazon, etcetera, that type of thing, you know,

630
00:34:33,960 --> 00:34:37,680
Speaker 1: and obviously Facebook did their deal with MLB. All this

631
00:34:37,880 --> 00:34:42,400
Speaker 1: proves to me is is the power of sport and

632
00:34:42,440 --> 00:34:46,440
Speaker 1: the power of sports content is when you get new

633
00:34:46,560 --> 00:34:50,440
Speaker 1: entrants into the marketplace to compete for right and obviously,

634
00:34:50,840 --> 00:34:53,680
Speaker 1: whether it's you know, Facebook, whether it's Amazon, they certainly

635
00:34:53,680 --> 00:34:57,440
Speaker 1: had the scale to do. So that just underscores, you know,

636
00:34:57,480 --> 00:35:01,160
Speaker 1: that underscores the power of sport. And I think you know,

637
00:35:01,320 --> 00:35:05,640
Speaker 1: you can you can monetize sports in ways um that

638
00:35:05,800 --> 00:35:11,400
Speaker 1: you can't monetize traditional entertainment programming per se. So I

639
00:35:11,440 --> 00:35:14,880
Speaker 1: think though, I think they'll always be very very robust

640
00:35:15,239 --> 00:35:19,919
Speaker 1: competition for the highest profile sports properties. And whether that's

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00:35:19,960 --> 00:35:25,160
Speaker 1: the NFL, um, you know, college Power five Conference rights

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00:35:25,200 --> 00:35:29,280
Speaker 1: to college football playoff, you know MLB, you know the NBA,

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00:35:29,360 --> 00:35:31,680
Speaker 1: the NFL, there's all you know, there's always good because

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00:35:31,719 --> 00:35:34,759
Speaker 1: there's there's only so much of that type of content available.

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00:35:35,400 --> 00:35:39,000
Speaker 1: John Wildhack, the athletic director at Syracuse University, what a

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00:35:39,120 --> 00:35:41,120
Speaker 1: joy the person to talk to. Thank you so much

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00:35:41,120 --> 00:35:44,040
Speaker 1: for joining us, Michael, my pleasure. I enjoyed it. Scott,

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00:35:44,120 --> 00:35:47,880
Speaker 1: thank you. Takeaways from the interview with John Wildhack. I

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00:35:47,960 --> 00:35:50,360
Speaker 1: think the thing that impressed me the most. Here's a

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00:35:50,400 --> 00:35:54,360
Speaker 1: guy that had been with ESPN for thirty five plus

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00:35:54,520 --> 00:35:57,359
Speaker 1: years and all of a sudden, here comes the job

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00:35:57,400 --> 00:35:59,799
Speaker 1: at Syracuse. He takes it and he brings all that

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00:36:00,000 --> 00:36:03,840
Speaker 1: experience of the producing that he did at ESPN. He

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00:36:03,920 --> 00:36:07,160
Speaker 1: brings it over to Syracuse. This this is a guy

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00:36:08,280 --> 00:36:11,200
Speaker 1: obviously who knows sports and seems to be doing a

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00:36:11,200 --> 00:36:13,640
Speaker 1: good job. You have the takeaway from it is, look

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00:36:14,000 --> 00:36:17,840
Speaker 1: who the universities are looking to place in these positions.

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00:36:18,400 --> 00:36:20,920
Speaker 1: Used to be sort of administrator that he was the

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00:36:20,960 --> 00:36:23,440
Speaker 1: old you know, the the A D was the administrator

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00:36:23,480 --> 00:36:26,600
Speaker 1: of the program. Now it's a guy with thirty plus

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00:36:26,719 --> 00:36:32,480
Speaker 1: years in media, in digital, in contract negotiations with networks

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00:36:32,520 --> 00:36:35,920
Speaker 1: and with sports properties. That's where the business of college

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00:36:35,960 --> 00:36:38,279
Speaker 1: sports is going. You heard John in the interview talk

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00:36:38,320 --> 00:36:40,760
Speaker 1: about it as one of the big four or five sports,

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00:36:40,920 --> 00:36:43,600
Speaker 1: right up there with NFL, NBA, and college. When you

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00:36:43,680 --> 00:36:47,680
Speaker 1: put in its totality, it's like a major US sports

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00:36:47,760 --> 00:36:51,200
Speaker 1: league and the media is going to drive the revenue

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00:36:51,520 --> 00:36:57,040
Speaker 1: moving forward, just like all the other sports. Feels better

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00:36:57,040 --> 00:36:59,600
Speaker 1: to be number one than number five number. Because of Mike,

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00:36:59,719 --> 00:37:01,239
Speaker 1: we have a chance to go for three in a row,

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00:37:01,320 --> 00:37:03,239
Speaker 1: kids numbers in a good time. When I first started

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00:37:03,239 --> 00:37:06,680
Speaker 1: wearing the number, I would just happy in Floomberg business

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00:37:06,680 --> 00:37:10,800
Speaker 1: of sports, the number of the week sim now for

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00:37:10,840 --> 00:37:12,919
Speaker 1: the number of the week, and we have to thank

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00:37:13,080 --> 00:37:17,360
Speaker 1: a podcast listener thank you so much for sending this in.

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00:37:17,560 --> 00:37:22,000
Speaker 1: The number is six hundred, and I know our listener

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00:37:23,040 --> 00:37:26,799
Speaker 1: Hart Ornstein who said, why don't you for the podcast

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00:37:27,040 --> 00:37:30,880
Speaker 1: give Alex Ovechkin some love for joining the number six

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00:37:31,320 --> 00:37:34,640
Speaker 1: hundred gold club. That's a lot of goals, Michael Barr.

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00:37:34,680 --> 00:37:36,759
Speaker 1: I mean, you've got Gretzky up top, of course, but

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00:37:36,800 --> 00:37:40,239
Speaker 1: there's only seventeen or eighteen folks in NHL history who

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00:37:40,280 --> 00:37:43,840
Speaker 1: have six hundred goals. And the fact that he plays

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00:37:43,880 --> 00:37:47,000
Speaker 1: for ted leonsis and we've had Zack on this show

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00:37:47,320 --> 00:37:50,240
Speaker 1: and they're trying to go international and they're loving digital

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00:37:50,520 --> 00:37:52,879
Speaker 1: and alex so Vetchian is going to be a big

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00:37:52,920 --> 00:37:55,680
Speaker 1: part of any push they make around the world. And

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00:37:55,800 --> 00:37:58,640
Speaker 1: him joining this rarefied air. Let's not forget his nickname

688
00:37:58,680 --> 00:38:00,800
Speaker 1: is the Grade eight. But we've we left the adlow

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00:38:00,880 --> 00:38:02,759
Speaker 1: we met. We went for the six hundred because he

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00:38:02,800 --> 00:38:06,680
Speaker 1: reached that milestone. Pretty impressive feat. You've been listening to

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00:38:06,800 --> 00:38:10,120
Speaker 1: Bloomberg Business of Sports. We are here each and every

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00:38:10,160 --> 00:38:12,720
Speaker 1: week at the same time, exploring the world of money

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00:38:12,800 --> 00:38:15,520
Speaker 1: and sports on Michael Barr and I'm Scott Sashnik. Thanks

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00:38:15,560 --> 00:38:17,399
Speaker 1: for joining us and please tune in next week when

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Speaker 1: we speak with the biggest and brightest in the sports

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00:38:19,480 --> 00:38:23,000
Speaker 1: business industry. You're listening to Bloomberg Business of Sports from

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00:38:23,040 --> 00:38:26,280
Speaker 1: Bloomberg Radio around the world and online as an Apple

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00:38:26,320 --> 00:38:27,600
Speaker 1: podcast on iTunes,