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Speaker 1: This is Bloomberg Business of Sports. The cold heart truth

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Speaker 1: about the Olympic journey is not really been financially incentivized

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Speaker 1: in the same way that many of the professional sports are.

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Speaker 1: But this is a basketball involved the NBA. Will Wills

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Speaker 1: are licensing arm things for fifty All of those things

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Speaker 1: will make up what that looks like money in sports.

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Speaker 1: It's one of the reasons why I enjoy doing on

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Speaker 1: Money Night Countdown and talk about some of the more

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Speaker 1: interesting aspects of business of sports. When you're talking sports,

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Speaker 1: discipline is the bridge from being good to ultimately being

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Speaker 1: great at whatever it is that you're trying to be

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Speaker 1: your accomplished as your profession. Bloomberg Business of Sports from

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Speaker 1: Bloomberg Radio. This is the Bloomberg Business of Sports show.

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Speaker 1: We explore the big money issues in the world of sports.

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Speaker 1: Michael blarn and I'm Scarlett so to Today we are

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Speaker 1: excited to welcome someone on the show who made NFL history.

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Speaker 1: She was named CEO of the nen Oakland Raiders, in

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Speaker 1: making her the first female to hold that title in

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Speaker 1: the NFL. Today, she works as an analyst for CBS

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Speaker 1: Sports is chairman of the board of Ice Cubes. Three

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Speaker 1: on three Basketball League Big Three and is on the

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Speaker 1: l A Sports and Entertainment Commission Board. And if that

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Speaker 1: weren't enough, she is also an author of the book

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Speaker 1: You Negotiate Like a Girl. We are happy to have

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Speaker 1: Amy Trask on the show because we have a lot

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Speaker 1: to get to, all the thoughts that's in her head, Scarlett,

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Speaker 1: I want to hear. I love the title of that book,

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Speaker 1: You couldn't make a better one. And yeah, we want

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Speaker 1: to talk to her about the hiring of the very

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Speaker 1: first black female team president in NFL history. Of course,

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Speaker 1: we're talking about Sandra Douglas Morgan. We also want to

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Speaker 1: talk with any Trask about the state of the NFL,

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Speaker 1: especially as the league launches a new mobile streaming app.

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Speaker 1: You might have heard of it, NFL Plus, and it

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Speaker 1: continues to expand globally. Yes, I know there's a lot

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Speaker 1: of fanfare around him. Uh will football reach a point

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Speaker 1: of consumer saturation? Is that even possible? We spoke earlier

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Speaker 1: this week with Bloomberg's Jerry Smith, and he talked about

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Speaker 1: how the NFL continues to post huge numbers on TV.

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Speaker 1: You look at the top fifty programs on TV um

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Speaker 1: at least forty of them were NFL games. I mean

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Speaker 1: it's it's extraordinary, and um, you know it helps a lot.

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Speaker 1: The TV networks still really want these rights because it

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Speaker 1: still draws advertisers, because it still draws an audience unlike

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Speaker 1: really anything else on television. That was Bloomberg's Jerry Smith.

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Speaker 1: He was on the Bloomberg Business of Sports show this week,

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Speaker 1: and you can hear the full conversation at Bloomberg dot

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Speaker 1: com or wherever you get your podcast. Now, without further ado.

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Speaker 1: See that's a fancy word for you. Let's bring in

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Speaker 1: our guests, Amy Trask, Welcome to the Bloomberg Business of Sports.

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Speaker 1: Thank you for having me. It is a tremendous, tremendous honor,

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Speaker 1: and I have a feeling it's going to be a

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Speaker 1: whole lot of fun. You've got to tell me about now.

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Speaker 1: You wrote this great book that I love the title

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Speaker 1: you negotiate like a girl. Tell us about this book.

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Speaker 1: It is memories, reflection, thoughts about the almost thirty years

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Speaker 1: I spent as part of the National Football League with

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Speaker 1: the Los Angeles and then Oakland Raiders. The team was

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Speaker 1: already in Los Angeles. I had moved the team from

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Speaker 1: Oakland to Los Angeles when I joined the team. While

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Speaker 1: I was with the organization, he moved the team back

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Speaker 1: to Oakland, and I stayed with the organization for that

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Speaker 1: So reflections and thoughts and shared stories and memories from

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Speaker 1: that thirty years and something a lot of people remember

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Speaker 1: from your years with the team is your nickname Princess

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Speaker 1: of Darkness. How did that name come about? And what

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Speaker 1: did you think of it at the time when you

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Speaker 1: first heard yourself linked with that nickname described that way, Well,

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Speaker 1: I'll begin by saying it's the best nickname ever, and

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Speaker 1: I shall forever cherish my nickname. Uh. The nickname arose

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Speaker 1: apparently it had been used. I wasn't aware of it. Uh.

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Speaker 1: It came to my attention in a story that my

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Speaker 1: Silver wrote for Sports Illustrated. He wrote a profile, and

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Speaker 1: in that profile he shared, UM, there were anonymous sources

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Speaker 1: who shared with him that behind my back, they referred

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Speaker 1: to me as the Princess of Darkness. These were either

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Speaker 1: leave office executives or other team executives, team owners. A

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Speaker 1: number of them said to Mike off the record, Yeah,

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Speaker 1: behind her back, we referred to her as the Princess

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Speaker 1: of Darkness. It was clear, crystal clear that it was

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Speaker 1: not intended as a compliment. Well, I kind of liked it,

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Speaker 1: and Raider fans liked it, and I embraced it. Raider

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Speaker 1: fans embraced it. We loved it. And from that moment on, Yeah,

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Speaker 1: Princess of Darkness, and I shall forever use that nickname.

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Speaker 1: I shall forever cherish that nickname. And even though it

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Speaker 1: was not intended as a compliment and it was shared

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Speaker 1: off the record, I'm glad they shared it because I

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Speaker 1: love it. What did they mean when they were for

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Speaker 1: two as Princess of Darkness? And how did you co

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Speaker 1: op that to turn it into something empowering? I won't

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Speaker 1: speak to their intent, but again, it clearly wasn't a compliment,

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Speaker 1: and it arose in the context again of you know,

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Speaker 1: anonymous sources saying to Mike behind her back, we call

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Speaker 1: her the Princess of Darkness and noting that they thought

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Speaker 1: of me as a smarter, meaner Al Davis with a

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Speaker 1: law degree, and boy, oh boy, I had fun with

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Speaker 1: that too. From that point on, when Al and I

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Speaker 1: were arguing about something, disagreeing about something, I would end

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Speaker 1: the conversation quite frequently by looking at him and saying smarter,

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Speaker 1: meaner and then I would start laughing and walk out

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Speaker 1: the door. Um. So that's the context in which it arose.

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Speaker 1: I just loved it. Princess of Darkness. Who wouldn't love

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Speaker 1: that as a nickname. We're gonna go back to more

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Speaker 1: football a little bit later, but I want to talk

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Speaker 1: about Ice Cubes three on three basketball League, the Big Three. Uh.

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Speaker 1: You are a chairman of the board of that league,

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Speaker 1: and I think it's a super league and I wish

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Speaker 1: we could see more teams. Uh jump onto that. It

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Speaker 1: is uh, very very very exciting league. It is um

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Speaker 1: as you mentioned Cube as one of the founders, his

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Speaker 1: longtime business partner, Jeff Quantin, It's is the other founder.

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Speaker 1: This is their vision, this is their dream, and it's

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Speaker 1: been an honor to help them see that vision become

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Speaker 1: a reality. Coming up, we continue our conversation with Amy Trash.

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Speaker 1: We want to know if she thinks there will ever

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Speaker 1: be a real threat to the other major sports in

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Speaker 1: the US, including the NFL, and we're going to get

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Speaker 1: into that and more up next on the Bloomberg Business

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Speaker 1: of Sports Show. I'm Michael Barr. You can follow me

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Speaker 1: on Twitter, no kidding now at Big Bar Sports, and

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Speaker 1: I'm on Twitter at Scarlett Film and do not forget

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Speaker 1: to catch our podcast that is Monday's, Wednesdays and Thursdays

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Speaker 1: on all your podcast platforms and right here on Bloomberg

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

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Speaker 1: Business of Sports from Bloomberg Radio. This is the Bloomberg

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Speaker 1: Business of Sports show where we explore the big money

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Speaker 1: issues in the world of sports. I'm Michael barn and

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Speaker 1: I'm Scarlett Film. Let's continue our conversation with Amy Trask,

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Speaker 1: former CEO of the Men Open and Raiders and the

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Speaker 1: first female to ever hold that position in the NFL.

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Speaker 1: She's also chairman of the board at Big three Ice

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Speaker 1: Cubes three on three Basketball League, which right now coexists

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Speaker 1: with the NBA. The thing is Big Three is not

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Speaker 1: necessarily seen as a direct threat to the NBA, but

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Speaker 1: it's out there and it's got a quality product, and

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Speaker 1: people talk about it as of, you know, something contrary

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Speaker 1: to the NBA. And you look at what's happening in golf.

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Speaker 1: You've got Live, which is clearly seen as a direct

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Speaker 1: threat to the PGA Tour. Is there something within the

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Speaker 1: sport of foot ball that could become a threat to

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Speaker 1: the NFL. Well, I will note as to your very

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Speaker 1: astute observation as to the Big Three. Uh, the NBA

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Speaker 1: sees it as a threat. They've made that very clear

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Speaker 1: to us in a number of ways. I won't delve

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Speaker 1: into that now. I'll turn to your question. That's a

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Speaker 1: fascinating topic because the NFL has a very very strong,

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Speaker 1: um effective manner of converting that which could be a

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Speaker 1: threat into something which can be a resource. So could

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Speaker 1: there potentially be a threat? Hard for me to imagine.

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Speaker 1: Could there be something that can coexist with it? Absolutely? Look,

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Speaker 1: we've seen the USFL, We've seen the XFL. We're seeing that,

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Speaker 1: you know, leagues come back again for the second time,

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Speaker 1: the third time. The league and and now when I

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Speaker 1: say league, I mean National Football League is very very

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Speaker 1: adept at finding ways to synergize with those leagues and

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Speaker 1: to sort of push to the side those it does

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Speaker 1: not want to share a spotlight. Do I think there

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Speaker 1: can be any sort of existential threat. No, I don't do.

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Speaker 1: I think there's room for growth, whether with the National

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Speaker 1: Football League or otherwise. Absolutely, we know that sports live

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Speaker 1: sports and the NFL in particular are the one thing

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Speaker 1: networks can count on to draw eyeballs in real time.

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Speaker 1: We know there's a platform for sports in any number

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Speaker 1: of areas. So I do think there's room for more.

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Speaker 1: I don't know that I would ever characterize it it's

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Speaker 1: a threat. Let me state that more more definitively. I

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Speaker 1: don't believe there's a threat. Do I believe there's additive value? Yes?

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Speaker 1: I do. This is where you need people like me

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Speaker 1: who are auto racing fans, and they are bringing up

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Speaker 1: for this reason. See, we auto racing fans. We know

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Speaker 1: there's NASCAR, and we love NASCAR, and there's something else

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Speaker 1: with four wheels, IndyCar racing, and we love IndyCar racing.

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Speaker 1: And we also know that there's F one out there

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Speaker 1: and we love F one and we love drag racing.

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Speaker 1: We all know it's out there. So I'm just wondering

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Speaker 1: why we can't get that karma when it comes to

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Speaker 1: Big Three or the NFL. Your question is are very

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Speaker 1: very good question. Obviously, um there can be room for more.

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Speaker 1: The question becomes, and I don't know the answer. If

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Speaker 1: there is a saturation point in any sport. Hard to

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Speaker 1: imagine that there is, given what we're seeing now, And

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Speaker 1: if there is a saturation point. What is that saturation point?

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Speaker 1: I don't know the answer to that. As I said,

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Speaker 1: it's hard right now to perceive that there's a satur

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Speaker 1: ration point, but there maybe. Do you think there's a

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Speaker 1: point at which fans would stop paying for NFL and

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Speaker 1: watching NFL games on TV because the rights, the live

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Speaker 1: sports rights have just gone up in price, and we

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Speaker 1: now hear the NFL is launching NFL Plus, which is

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Speaker 1: going to be made available or what would be appealing

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Speaker 1: to people who have cut the cord and want to

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Speaker 1: be able to see their local football games, And the

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Speaker 1: price of these sports rates just continues to go up,

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Speaker 1: especially if Amazon or Apples start entering the bidding for

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Speaker 1: a Sunday ticket. At what point do people say, you

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Speaker 1: know what, I can't pay for this or would it

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Speaker 1: not get to that point because the league and the

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Speaker 1: executives know that they can push it to a limit

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Speaker 1: before they have to back off of it. Look, the

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Speaker 1: world can always change. We saw with the pandemic that

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Speaker 1: the world can change on a dime. So I'm not

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Speaker 1: going to suggest there are other ways in which the

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Speaker 1: world can change and may change. And in this moment,

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Speaker 1: I'm using the world world to refer to consumers and

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Speaker 1: to sports. Um, can things ultimately change, Sure, you know,

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Speaker 1: life can change. We've seen that. I just don't see

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Speaker 1: that happening for the foreseeable future. Yeah, but I think

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Speaker 1: about how boxing. Boxing used to be one of the

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Speaker 1: most popular sports and now it's kind of a niche sport.

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Speaker 1: Bar it's not you know, I remember reading how boxing

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Speaker 1: was like the NFL and it's heyday, and now it's

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Speaker 1: something that people watch on pay per view, and a

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Speaker 1: select group of people watch and they'll pay for it,

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Speaker 1: but it doesn't capture the public imagination the way it

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Speaker 1: once did. It's not like it was on TV when

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Speaker 1: you had Gillette and you're watching the boxing match. But see,

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Speaker 1: boxing is an easy sport to televise because you just

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Speaker 1: have the rink and the cameras right there. So that's why,

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Speaker 1: especially early in the in the fifties, it was an

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Speaker 1: easy sport to televise, unlike when you do a football

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Speaker 1: game in the fifties or even a baseball game because

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Speaker 1: you've got to cover the field. But but your point

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Speaker 1: is well taken. Yeah, I mean, I don't know. I

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Speaker 1: guess the question for the NFL is at what point

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Speaker 1: would reach saturation in the US and and really struggle

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Speaker 1: to make headway overseas or is that not a concern

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Speaker 1: given that the NFL has been treading carefully in overseas

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Speaker 1: markets and is taking it slow. Well, we just saw

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Speaker 1: that the game that is scheduled for this coming season

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Speaker 1: in Germany sold out in the blink of an eye.

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Speaker 1: So there certainly is fan interest in Germany for for

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Speaker 1: the National Football League. Are there some countries where it

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Speaker 1: might not take on as quickly or astronoly? Sure? But

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Speaker 1: are there countries where there's tremendous, tremendous avidity for it? Absolutely.

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Speaker 1: While I was in the league, we played games, albeit preseason,

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Speaker 1: one in London, in Tokyo, in Mexico City. I attended

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Speaker 1: other games, other National Football Games and other locations throughout

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Speaker 1: the world, and those were preseason games, and yet it

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Speaker 1: was tremendous fan response for those games. So it's a

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Speaker 1: big world. Uh. Might it take on everywhere? No, there

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Speaker 1: will be some areas it won't be of interest. Are

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Speaker 1: there plenty of places where there is interest? Yes? And

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Speaker 1: I will tell you as relates to the Big Three.

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Speaker 1: Going into the pandemic, we were putting plans in place

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Speaker 1: to play Big Three games on several other continents. We

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Speaker 1: are now resuming those conversations, um and there is interest,

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Speaker 1: and you know, I have an ongoing hope that sports

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Speaker 1: is something that can unite people around the world. We

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Speaker 1: have been having a great conversation with Amy Trask, who

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Speaker 1: is currently an analyst at CBS Sports and wrote the

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Speaker 1: book You Negotiate Like a Girl. She also made NFL

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Speaker 1: history when she was named CEO of the then Oakland Raiders.

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Speaker 1: It's quite the bio, isn't it. That franchise, which of

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Speaker 1: course is now in Las Vegas, made another historic higher

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Speaker 1: this offseason because it named the very first black female

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Speaker 1: as team president. Let's your team owner, Mark Davis during

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Speaker 1: the introductory press conference for Sandra Doug Morgan, I'm proud

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Speaker 1: to introduce to you today the president of the Las

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Speaker 1: Vegas Raiders, Sandra Douglas Morgan, and here Sandra Douglas Morgan

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Speaker 1: herself on that day. It's my honor to be here

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Speaker 1: today as the newest member of the Raiders family. I

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Speaker 1: was raised in Las Vegas and have truly witnessed this

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Speaker 1: city ascend to one of the sports capitals of the world.

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Speaker 1: NFL history right there a big shout out to the

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Speaker 1: Las Vegas Raiders for making the higher and of course

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Speaker 1: to Sandra Douglas Morgan hearty shout out indeed, and I

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Speaker 1: will again as I have a numerable time since she

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Speaker 1: was named the president. Wish her all the very best

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Speaker 1: for success. And something I note quickly whenever I'm asked

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Speaker 1: about her is she's very very well qualified for this job.

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Speaker 1: And the reason I do that is I have bristled

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Speaker 1: when I've heard others suggests, certainly you did not. I

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Speaker 1: want to make that clear, but there have been those

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Speaker 1: that she suggested that she was hired to quote that

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Speaker 1: proverbial box, so to speak. No, she is eminently well

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Speaker 1: qualified for the job. She was a lawyer at the

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Speaker 1: law firm of Covington and Burling, which has been outside

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Speaker 1: counsel to the National Football League for decades or decades

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Speaker 1: and decades. It's the firm at which Paul Pagliabu worked

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Speaker 1: before he became commissioner. Um. She is eminently well qualified

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Speaker 1: for the job in many many regards, and I wish

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Speaker 1: for the back. Yeah, her credentials are without question, but

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Speaker 1: she has her work cut out for her, as most

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Speaker 1: women do when they are named to high profile positions.

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Speaker 1: You've got the toxic workplace allegations with the organization. My

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Speaker 1: question here is not so much how do you fix

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Speaker 1: these is as she undertakes this task of addressing these

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Speaker 1: issues and working through them, is there an impact on

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Speaker 1: the on the field product or performance? Is there any

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Speaker 1: kind of linkage between that effort and what happens on

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Speaker 1: the field. That's a phenomenal question. Um, not that you

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Speaker 1: needed me to tell you that, Uh, but we all appreciated.

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Speaker 1: I always feel a little bit silly when I say, wow,

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Speaker 1: that is a phenomenal question, and I'm simply speaking aloud

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Speaker 1: what I'm thinking, because of course you you're both experts

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Speaker 1: and what you do, which is asking questions, So you

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Speaker 1: don't need me to tell you it's a phenomenal question.

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Speaker 1: But I got all excited because it was such a

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Speaker 1: good question. Uh. The answer is it depends. There are

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Speaker 1: those organizations in the National Football League. I'll speak to

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Speaker 1: that because that's where I spent thirty years, but I'm

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Speaker 1: sure this occurs in other sports as well. You have

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Speaker 1: the organizations which are very very good at bifurcating, if

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Speaker 1: you will, that which is going on within an organization

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Speaker 1: and it's impact, if any, on the field, and other

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Speaker 1: organizations which are not as good as that. Uh, you

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Speaker 1: have to be able to address both. You have to

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Speaker 1: be able to turn to your head coach and your

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Speaker 1: general manager and say, you know, keep the focus on

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Speaker 1: the field when it comes to the players and the coaches.

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Speaker 1: And you've got to be able to turn to others

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Speaker 1: in your organization and empower for them to do their

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Speaker 1: job in the manner that's least likely to impact on field.

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Speaker 1: And I think they'll be able to accomplish that. Talking

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Speaker 1: about the latest with the Raiders Sandrid Douglas Morgan and

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Speaker 1: I'm gonna brag when I was raised. Now, you've got

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Speaker 1: a dad that's was in World War Two, you got

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Speaker 1: a mom that was in World War two. You've got

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Speaker 1: two aunts that were in that same Army corps. There

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Speaker 1: was no way I was going to step on the

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Speaker 1: line and think, well, woman, listen, women you know and

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Speaker 1: I think it comes down to how you were raised. Sorry,

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Speaker 1: you should, Brad. That's tremendous um. And please thank them,

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Speaker 1: if they are still with you, please thank them for me.

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Speaker 1: And if they are no longer still with you, no

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Speaker 1: longer still with us, I thank them in accentia. Look,

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Speaker 1: the example I always use is Apollo thirteen. There's a

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Speaker 1: scene where the Ed Harris character gets everyone at NASA

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Speaker 1: who worked on Apollo thirteen or is capable of working

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Speaker 1: on a Polo thirteen around a table, and this is

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Speaker 1: when the call came in that there was a problem

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Speaker 1: with Apollo thirteam. And he gets everyone around a table,

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Speaker 1: and he dumps on the table a bucket of bolts

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Speaker 1: and nuts and remember, and he says to them, these

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Speaker 1: are the only pieces and parts they have with them

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Speaker 1: on Apollo thirteen. Using only these pieces and parts, And

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Speaker 1: of course I'm paraphrasing, he said it more eloquently. But

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Speaker 1: using only these pieces and parts, find a way to

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Speaker 1: get those men home alive. Do you think anyone on

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Speaker 1: Apollo thirteen cared one bit who was seated around that table,

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Speaker 1: whether they were men or women. Do you think they

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Speaker 1: cared about their race, their ethnicity, their religion, their gender.

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Speaker 1: All they cared about was that they got home alive.

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Speaker 1: Coming up, we continue our conversation with Amy Trash, former

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Speaker 1: CEO of the Oakland Raiders and now author of the

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Speaker 1: book You Negotiate Like a Girl at Straight Ahead on

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Speaker 1: the Bloomberg Business for Sports Michael bar You can follow

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Speaker 1: me on Twitter at Big Bar Sports and you can

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Speaker 1: follow me on Twitter at Scarlett Film. And do not

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Speaker 1: forget catch our podcast that's Monday's, Wednesdays and Thursdays on

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Speaker 1: all your podcast platforms. And righting on Bloomberg Business of

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

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Speaker 1: Sports from Bloomberg Radio. This is the Bloomberg Business of

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Speaker 1: Sports Show. We explore the big old money issues of

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Speaker 1: the world of sports. I'm Michael Bloch, I'm Scarlett Film.

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Speaker 1: We've got Amy Trash on the show today. She was

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Speaker 1: the very first female team CEO in NFL history when

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Speaker 1: she rose to that rank for the then Oakland Raiders.

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Speaker 1: The Raiders are just getting comfortable in their home in

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Speaker 1: Las Vegas. Here's new team president Sandra Douglas Morgan on

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Speaker 1: her plans for Raider Nation going forward in Nevada. The

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Speaker 1: Raiders organization has actually brought two point to nine billion

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Speaker 1: dollars in economic impact of visitors for events in Allegiance

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Speaker 1: Stadium and the estimated impact of the Super Bowl and

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Speaker 1: is estimated to be in the billions as well. We

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Speaker 1: have so much more to do, and I'm excited to

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Speaker 1: be at the helm of that growth. And that was

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Speaker 1: new team president Sandra Douglas Morgan. Our guest Amy Trask

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Speaker 1: is no stranger to team moves. Your thoughts on the

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Speaker 1: Raiders moving to Las Vegas and our teams moving now

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Speaker 1: just part of the business of football A few thoughts,

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Speaker 1: and they are not mutually inconsistent with one another. The

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Speaker 1: stadium is magnificent and in that regard, a tremendous success

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Speaker 1: for the organization. My heart hurt for the fans who

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Speaker 1: are heartbroken by the relocation from Oakland to Las Vegas.

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Speaker 1: But I am thrilled for the fans that are thrilled

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Speaker 1: with the move. In other words, you have those fans

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Speaker 1: um that are just thrilled by the move and they're

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Speaker 1: going to stay fans and follow the team no matter

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Speaker 1: where the team is. They're ecstatic, and for them, I

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Speaker 1: am very, very very happy. There are those fans whose

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Speaker 1: hearts have been broken, in some cases for the second

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Speaker 1: time by a move from Oakland, and for those fans,

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Speaker 1: I'm heartbroken, and it's not mutually exclusive or mutually inconsistent

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Speaker 1: to be happy for those who are happy and heartbroken

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Speaker 1: for those who are heartbroken. I mentioned earlier, I was

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Speaker 1: not with the organization when Al moved it from Oakland

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Speaker 1: to Los Angeles. I joined the team in Los Angeles,

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Speaker 1: so I was with the team when Al moved it

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Speaker 1: from Los Angeles back to Oakland, and I saw firsthand

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Speaker 1: the impact it has on fans when a team moves.

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Speaker 1: So you're absolutely right. It is now part of you know,

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Speaker 1: the NFL teams relocate, but it does have an adverse

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Speaker 1: impact on the fans in the location from which the

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Speaker 1: team moves. We saw again the heartbreak of the St.

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Speaker 1: Louis Rams fans when the team just won the Super

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Speaker 1: Bowl back as the Los Angeles ran. And you know,

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Speaker 1: I have pushed back a bit on the fans who say,

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Speaker 1: you know, the team never should have moved from St. Louis. Well,

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Speaker 1: fair enough, but if that's your outlook, the team never

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Speaker 1: should have left Los Angeles for St. Louis in the

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Speaker 1: first place. You know, it's a full circle for the Rams.

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Speaker 1: They were in Los Angeles, went to St. Louis, went

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Speaker 1: back to Los Angeles. The Raiders did that. Oakland, Los

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Speaker 1: Angeles open and now off to Las Vegas. So it

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Speaker 1: is part of the National Football League. UM, and I

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Speaker 1: don't know that we'll see that stop. Um. Certainly we

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Speaker 1: won't see the threat of moves stop while teams look

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Speaker 1: to sort out their stady in situation, I want to

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Speaker 1: go to the idea of Las Vegas overall as a

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Speaker 1: professional sports hub. It has a hockey team, it has

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Speaker 1: um a football team. Is it good for the league,

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Speaker 1: the different professional sports leagues and their players to operate

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Speaker 1: in the capital of of gambling, of gaming, of betting, Well,

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Speaker 1: gambling is a reality now legalized gambling, I should say

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Speaker 1: gambling is always been a reality. Thing has always been

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Speaker 1: a reality. Legalized betting is now a reality in most

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Speaker 1: places throughout this country. Uh. But right. The challenge I

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Speaker 1: think that comes from having a team in any league

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Speaker 1: in Las Vegas is as follows. It is important not

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Speaker 1: only to avoid impropriety. You've got to avoid impropriety, but

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Speaker 1: beyond that is it is important to avoid even the

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Speaker 1: appearance of impropriety. And here's the example I will use.

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Speaker 1: When a team plays a Sunday game. So a normal

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Speaker 1: Sunday to Sunday schedule, Friday's are a pretty light day

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Speaker 1: for the players. They get off earlier on Fridays than

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Speaker 1: on Wednesday and Thursday, and many many players use Friday

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Speaker 1: night to go out with significant others or you know, friends.

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Speaker 1: So imagine this. It's a Friday night, the Las Vegas

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Speaker 1: Raiders have a home game, so any number of players

431
00:24:56,320 --> 00:24:59,000
Speaker 1: are out that night with their significant others. Let's say

432
00:24:59,000 --> 00:25:02,080
Speaker 1: a player decides to to a really nice restaurant which

433
00:25:02,119 --> 00:25:05,000
Speaker 1: happens to be in the lobby of a casino, which

434
00:25:05,040 --> 00:25:08,439
Speaker 1: many many nights restaurants in Las Vegas are. So the

435
00:25:08,480 --> 00:25:11,439
Speaker 1: player is walking through that casino on his way to dinner,

436
00:25:11,880 --> 00:25:14,159
Speaker 1: and a fan stops him and says, hey, can I

437
00:25:14,200 --> 00:25:16,560
Speaker 1: grab a picture with you? And the player does what

438
00:25:16,640 --> 00:25:19,119
Speaker 1: you would hope the player would do and says of course,

439
00:25:19,680 --> 00:25:22,240
Speaker 1: and stops and poses for a picture with the fan.

440
00:25:22,560 --> 00:25:25,800
Speaker 1: So someone takes that picture, and unbeknownst to the player,

441
00:25:26,119 --> 00:25:29,080
Speaker 1: behind him in the backdrop is a big sign that

442
00:25:29,160 --> 00:25:33,879
Speaker 1: says sports betting lounge. The player has done absolutely nothing wrong.

443
00:25:34,320 --> 00:25:37,520
Speaker 1: The player has done everything right, taking time out of

444
00:25:37,640 --> 00:25:40,720
Speaker 1: his night off to pose for a picture with a fan.

445
00:25:41,320 --> 00:25:45,960
Speaker 1: Unbeknownst to him, there's a sports betting signage in the background. Well,

446
00:25:45,960 --> 00:25:48,840
Speaker 1: now it's Sunday and that player fumbles the ball at

447
00:25:48,880 --> 00:25:52,320
Speaker 1: a key moment, or missus a tackle or missus a block,

448
00:25:52,800 --> 00:25:56,320
Speaker 1: or blows a coverage at a key moment. Is someone

449
00:25:56,359 --> 00:26:01,200
Speaker 1: going to associate that picture and draw the long conclusion.

450
00:26:01,680 --> 00:26:03,760
Speaker 1: It would be unfair to do so, it would be

451
00:26:03,800 --> 00:26:07,080
Speaker 1: wrong to do so, but it may happen. My point

452
00:26:07,200 --> 00:26:09,639
Speaker 1: is this, even if no one with the team in

453
00:26:09,720 --> 00:26:13,840
Speaker 1: Las Vegas does anything wrong, the league has to avoid

454
00:26:14,200 --> 00:26:18,399
Speaker 1: impropriety and appearance with impropriety, and that's going to be

455
00:26:18,440 --> 00:26:22,040
Speaker 1: a challenge. Amy Trask, you know all the titles. We're

456
00:26:22,080 --> 00:26:26,040
Speaker 1: just gonna say, wonder woman, thank you, We appreciate you

457
00:26:26,160 --> 00:26:29,280
Speaker 1: for my treat, my treat. It's really a pleasure to

458
00:26:29,359 --> 00:26:32,320
Speaker 1: join you. We could have talked to Amy for another

459
00:26:32,400 --> 00:26:35,440
Speaker 1: six hours. I know, seriously, I really like the way

460
00:26:35,480 --> 00:26:38,760
Speaker 1: that she led us into how an NFL executive, or

461
00:26:38,800 --> 00:26:41,040
Speaker 1: in her case, a former NFL executive, would think about

462
00:26:41,040 --> 00:26:45,000
Speaker 1: things like the question on um professional athletes who play

463
00:26:45,200 --> 00:26:49,119
Speaker 1: in Las Vegas and the perception that there might be

464
00:26:49,160 --> 00:26:53,600
Speaker 1: improprieties between what they do for their day job and

465
00:26:54,359 --> 00:26:57,320
Speaker 1: obviously the gaming and gambling that's going on there. If

466
00:26:57,359 --> 00:26:59,320
Speaker 1: they happen to be in a casino and they happened

467
00:26:59,320 --> 00:27:02,040
Speaker 1: to take a picture with a fan, and there happens

468
00:27:02,080 --> 00:27:04,480
Speaker 1: to be, you know, a lounge behind the set, sports

469
00:27:04,480 --> 00:27:06,359
Speaker 1: betting lounge, and they happen to play in the game

470
00:27:06,440 --> 00:27:09,320
Speaker 1: that weekend, and something happens. There's gonna be lots of

471
00:27:09,440 --> 00:27:13,600
Speaker 1: commentary on social media trying to connect the dots between

472
00:27:13,640 --> 00:27:17,560
Speaker 1: two dispared events. I never thought about what she said

473
00:27:17,960 --> 00:27:21,000
Speaker 1: setting up the situation until she said it, and I'm like, oh,

474
00:27:21,080 --> 00:27:23,400
Speaker 1: you know what, that could happen. And that's what these

475
00:27:23,400 --> 00:27:25,920
Speaker 1: guys have to think about. These guys and these women

476
00:27:26,000 --> 00:27:29,680
Speaker 1: have to think about as executives um in a way

477
00:27:29,720 --> 00:27:32,800
Speaker 1: that you and I as spectators don't at all. And

478
00:27:32,800 --> 00:27:34,560
Speaker 1: and the players will have to start thinking this way

479
00:27:34,600 --> 00:27:36,520
Speaker 1: as well too, And I just thought it was really interesting,

480
00:27:36,600 --> 00:27:39,600
Speaker 1: like a window into what they have to think through.

481
00:27:40,160 --> 00:27:42,639
Speaker 1: I think a guy, and I think of Aaron Judge.

482
00:27:42,640 --> 00:27:46,040
Speaker 1: You talk about just a beautiful ambassador for the game

483
00:27:46,400 --> 00:27:51,040
Speaker 1: obviously Baseball, Aaron Judge, and he'll go up to a fan, uh,

484
00:27:51,080 --> 00:27:53,720
Speaker 1: And a fan will come up to him and how

485
00:27:53,720 --> 00:27:56,679
Speaker 1: do you do? And he'll take a picture, And I

486
00:27:56,800 --> 00:28:02,119
Speaker 1: just I wonder what if people would just take a

487
00:28:02,119 --> 00:28:04,199
Speaker 1: moment to think it through there's gonna be a lot

488
00:28:04,240 --> 00:28:07,600
Speaker 1: of stuff that's going on in the background. Uh you

489
00:28:07,600 --> 00:28:10,480
Speaker 1: know how many times have you know, I've taken a

490
00:28:10,520 --> 00:28:13,439
Speaker 1: picture with somebody and then look in the background and

491
00:28:13,480 --> 00:28:17,440
Speaker 1: then there's ears. Yeah, something with bunny ears is hopping

492
00:28:17,480 --> 00:28:20,840
Speaker 1: on through. You know. It's like, you know, it happens,

493
00:28:21,119 --> 00:28:25,600
Speaker 1: and they're not promoting anything. They're being good ambassadors to

494
00:28:25,720 --> 00:28:29,280
Speaker 1: the game. And I guess that's my biggest point. Yeah,

495
00:28:29,320 --> 00:28:34,040
Speaker 1: but people will I don't know, with things like betting

496
00:28:34,040 --> 00:28:36,840
Speaker 1: on NFL games and people losing money. You could take

497
00:28:36,840 --> 00:28:39,280
Speaker 1: down any kind of direction and draw all kinds of

498
00:28:39,600 --> 00:28:44,240
Speaker 1: incorrect conclusions or out there conclusions if you wanted to know.

499
00:28:44,360 --> 00:28:46,160
Speaker 1: I know, and people are gonna say, well, what about

500
00:28:46,240 --> 00:28:49,280
Speaker 1: Kelvin Ridley. It's like I get it, I I understand,

501
00:28:49,520 --> 00:28:54,080
Speaker 1: but the Falcons wide receiver? Yes, right, And I understand

502
00:28:54,240 --> 00:29:00,240
Speaker 1: people bringing that up, but um listen, it's p well

503
00:29:00,960 --> 00:29:04,040
Speaker 1: are not. I guess I just asked people to have

504
00:29:04,040 --> 00:29:06,960
Speaker 1: faith in humanity. That's the bottom line of what I'm

505
00:29:06,960 --> 00:29:10,520
Speaker 1: trying to say. It's a basic request, but it seems

506
00:29:10,560 --> 00:29:18,719
Speaker 1: like it's a it's a really extended request in I'm

507
00:29:19,880 --> 00:29:21,720
Speaker 1: feels better to be than the one than number five.

508
00:29:21,760 --> 00:29:23,360
Speaker 1: I'll wear a number because of Mike. We have a

509
00:29:23,440 --> 00:29:25,240
Speaker 1: chance to go for three in a row. Good numbers

510
00:29:25,240 --> 00:29:27,400
Speaker 1: are a good time. When I first started wearing that number,

511
00:29:27,440 --> 00:29:30,440
Speaker 1: how we just have them? Proud Bloomberg Business of Sports.

512
00:29:30,640 --> 00:29:35,520
Speaker 1: The number of the week that a feeling of dread guns.

513
00:29:36,240 --> 00:29:40,800
Speaker 1: New theme song for the number of the week. As

514
00:29:40,840 --> 00:29:45,200
Speaker 1: I compete against myself and lose, I'm gonna give you

515
00:29:45,320 --> 00:29:48,280
Speaker 1: the number. This is a shout out by the way

516
00:29:49,120 --> 00:29:52,880
Speaker 1: to four time Formula One champion Sebastian Vettle. He says

517
00:29:52,920 --> 00:29:56,160
Speaker 1: that he will retire at the end of the season

518
00:29:56,200 --> 00:29:59,680
Speaker 1: to spend more time with this family. Now he is

519
00:30:00,040 --> 00:30:05,440
Speaker 1: in the top three of uh F one drivers who

520
00:30:05,800 --> 00:30:10,200
Speaker 1: are ranked one, two and three. There's Michael Schumacher who's

521
00:30:10,280 --> 00:30:13,520
Speaker 1: in the top three, and Lewis Hamilton's who's in the

522
00:30:13,560 --> 00:30:17,760
Speaker 1: top three. Okay, now here coming the numbers. The top

523
00:30:17,800 --> 00:30:22,000
Speaker 1: one is one, the second is one, and the third

524
00:30:22,240 --> 00:30:24,720
Speaker 1: is fifty three. What are these numbers in reference to?

525
00:30:24,920 --> 00:30:27,920
Speaker 1: These are the number of races that these drivers have

526
00:30:28,120 --> 00:30:31,640
Speaker 1: one in their F one career. I want you to

527
00:30:31,800 --> 00:30:38,360
Speaker 1: rank Schumacher, Vettel and Hamilton's which one is number one?

528
00:30:38,480 --> 00:30:41,840
Speaker 1: At a hundred three, which one is second at ninety

529
00:30:41,920 --> 00:30:46,040
Speaker 1: one and which one is third at fifty three? Schumacher

530
00:30:46,400 --> 00:30:52,200
Speaker 1: one oh three, vettel Hamilton's, Well, you had vettal right

531
00:30:52,360 --> 00:30:54,840
Speaker 1: at fifty three. If you if you would have flipped

532
00:30:55,200 --> 00:30:58,120
Speaker 1: Hamilton's and Schumacher around, you would have had it right.

533
00:30:58,160 --> 00:31:03,520
Speaker 1: Lewis Hamilton's hundred three win. Michael Schumacher at Lewis Hamilton's.

534
00:31:03,920 --> 00:31:09,080
Speaker 1: He is just he's really evolved with sport. So I

535
00:31:09,160 --> 00:31:12,080
Speaker 1: got a three, I mean I got one out of three,

536
00:31:12,280 --> 00:31:14,520
Speaker 1: so I have a three three batting average, so by

537
00:31:14,600 --> 00:31:21,080
Speaker 1: that measure I won. Yeah, this is Business of Sports.

538
00:31:22,160 --> 00:31:25,720
Speaker 1: Followed me on Twitter, had Big Bar Sports. I'm on

539
00:31:25,760 --> 00:31:29,120
Speaker 1: Twitter at Scarlett Foo. Don't forget to catch our podcast Monday's,

540
00:31:29,160 --> 00:31:32,080
Speaker 1: Wednesdays and Thursdays on all your podcast platforms and arrietyre

541
00:31:32,080 --> 00:31:34,160
Speaker 1: on Bloomberg Business of Sports, Bloomberg Radio