1 00:00:00,720 --> 00:00:04,560 Speaker 1: This is Bloomberg Business of Sports. The world changing and 2 00:00:04,640 --> 00:00:06,840 Speaker 1: what are things we can do to transform our business 3 00:00:06,840 --> 00:00:09,719 Speaker 1: and engage our fans globally in different ways. People are 4 00:00:09,760 --> 00:00:12,680 Speaker 1: using their name and likeness to create more opportunities, more 5 00:00:12,720 --> 00:00:15,520 Speaker 1: stakes and companies. In order to turn the organization around, 6 00:00:15,560 --> 00:00:17,279 Speaker 1: we had to turn it around not only just on 7 00:00:17,440 --> 00:00:20,919 Speaker 1: baseball operations side, but other business operations side well, and 8 00:00:21,079 --> 00:00:23,079 Speaker 1: any other sport. Is very difficult, but I like to 9 00:00:23,160 --> 00:00:26,560 Speaker 1: rub my horizons and be able to expand. Sports need 10 00:00:26,600 --> 00:00:29,040 Speaker 1: to be consumed a lot and not to the big 11 00:00:29,160 --> 00:00:33,640 Speaker 1: competitive advantage for inaugural property holders of sports content in 12 00:00:33,720 --> 00:00:37,920 Speaker 1: the media landscape. Bloomberg Business of Sports from Bloomberg Radio. 13 00:00:39,520 --> 00:00:43,440 Speaker 1: So Paul rabel h third season come into a close 14 00:00:43,520 --> 00:00:46,640 Speaker 1: for the PLL. What have you learned about this business? 15 00:00:47,600 --> 00:00:51,400 Speaker 1: It's really hard. It's a hard business, but it is 16 00:00:51,920 --> 00:00:55,360 Speaker 1: a great industry where we can build a ton of 17 00:00:55,480 --> 00:01:00,640 Speaker 1: enterprise value for not just our players, which was the 18 00:01:00,680 --> 00:01:03,080 Speaker 1: initial construct of why we're starting a new league in 19 00:01:03,080 --> 00:01:06,160 Speaker 1: the first place, but for all shareholders, from our board 20 00:01:06,200 --> 00:01:09,160 Speaker 1: members and investors to we view, our brand partners, our 21 00:01:09,240 --> 00:01:12,080 Speaker 1: network partner all the way down to the fans and 22 00:01:12,400 --> 00:01:16,440 Speaker 1: what you get in sport and a professional league that 23 00:01:16,520 --> 00:01:18,440 Speaker 1: kind of sit to top or governs, it is an 24 00:01:18,440 --> 00:01:23,880 Speaker 1: opportunity to not only grow commercial interest and fandom, but 25 00:01:23,959 --> 00:01:27,640 Speaker 1: you can really create community across the world. And if 26 00:01:27,640 --> 00:01:29,720 Speaker 1: you look at what's happened since we even launched the 27 00:01:29,840 --> 00:01:32,240 Speaker 1: league is the i o C this past summer gave 28 00:01:32,319 --> 00:01:37,360 Speaker 1: full membership to lacrosse as it approaches l A games, 29 00:01:37,360 --> 00:01:39,680 Speaker 1: So season three pretty much in the books of the 30 00:01:39,720 --> 00:01:43,080 Speaker 1: p LL. What have you learned about this business? The 31 00:01:43,120 --> 00:01:45,960 Speaker 1: business is really hard. It's a lot of fun to operate. 32 00:01:46,600 --> 00:01:52,320 Speaker 1: It's challenging in ways that underneath the professional sports league 33 00:01:52,400 --> 00:01:56,400 Speaker 1: are effectively five businesses. We run a media company, a 34 00:01:56,400 --> 00:02:00,640 Speaker 1: sponsorship business, a ticket sales business, a merchandise business, and 35 00:02:00,760 --> 00:02:05,040 Speaker 1: a youth lacrosse or a youth event business. And as 36 00:02:05,040 --> 00:02:08,040 Speaker 1: an operator and co founder, you have to build out 37 00:02:08,160 --> 00:02:11,040 Speaker 1: each of those word charts uniquely and then figure out 38 00:02:11,360 --> 00:02:13,920 Speaker 1: dotted lines across so that everyone can move up at 39 00:02:13,960 --> 00:02:17,160 Speaker 1: the same time. So what happens with pro sports leagues 40 00:02:17,200 --> 00:02:21,200 Speaker 1: behind the scenes is there operated much like a fortune, 41 00:02:21,520 --> 00:02:24,639 Speaker 1: and then what our fans and our players get is 42 00:02:24,680 --> 00:02:28,840 Speaker 1: a ton of entertainment, and I mean the world of 43 00:02:28,880 --> 00:02:31,280 Speaker 1: sports even over the three years that you've been doing 44 00:02:31,280 --> 00:02:37,240 Speaker 1: this has changed by virtue of activism, by virtue of distribution, 45 00:02:37,440 --> 00:02:41,560 Speaker 1: by virtue of a pandemic. As you sort of synthesize 46 00:02:41,639 --> 00:02:46,359 Speaker 1: all those things, how has your league changed. Well. Our 47 00:02:46,480 --> 00:02:50,680 Speaker 1: bet early was that a sport like lacrosse and as 48 00:02:50,760 --> 00:02:52,639 Speaker 1: ten million fans in the US two and a half 49 00:02:52,680 --> 00:02:57,840 Speaker 1: million participants wasn't large enough to be a city base model, 50 00:02:58,040 --> 00:03:01,000 Speaker 1: right and to invest in new venues all over the 51 00:03:01,000 --> 00:03:04,839 Speaker 1: country and find independent operators. So we went the individual 52 00:03:04,960 --> 00:03:08,960 Speaker 1: sports route like golf and tennis and decided to go 53 00:03:09,000 --> 00:03:12,040 Speaker 1: tour based. We still kept all of the initial structure 54 00:03:12,600 --> 00:03:14,840 Speaker 1: of the win loss race to playoffs and having an 55 00:03:14,880 --> 00:03:18,880 Speaker 1: eventual champion in the season schedule, but that tour based 56 00:03:18,919 --> 00:03:23,079 Speaker 1: strategy position as really well during COVID because each game weekend, 57 00:03:23,160 --> 00:03:24,920 Speaker 1: all of our teams go to the same market and 58 00:03:24,919 --> 00:03:27,600 Speaker 1: play at a single venue, and we're able to use 59 00:03:27,639 --> 00:03:31,480 Speaker 1: those operational efficiencies. So when we were faced with the pandemic, 60 00:03:31,680 --> 00:03:34,840 Speaker 1: that's effectively what all sports leagues were challenged and ended 61 00:03:34,880 --> 00:03:37,240 Speaker 1: up doing was pulling off that bubble. So we were 62 00:03:37,240 --> 00:03:39,080 Speaker 1: well prepared for it. And then I think in the 63 00:03:39,120 --> 00:03:43,360 Speaker 1: future of sports, you really look at where most of 64 00:03:43,400 --> 00:03:46,600 Speaker 1: the revenue is targeted, and that's around eyeballs and attention, 65 00:03:47,200 --> 00:03:50,760 Speaker 1: which it fits the NBA, the NFL, Major League Baseball 66 00:03:51,240 --> 00:03:54,560 Speaker 1: tends to center around the biggest matchups, the biggest markets, 67 00:03:54,680 --> 00:03:58,320 Speaker 1: and the biggest stars. So I think the original model 68 00:03:58,480 --> 00:04:01,840 Speaker 1: of growing your le around expansion, trying to get to 69 00:04:01,960 --> 00:04:06,400 Speaker 1: thirty teams in thirty markets, is now more about talent 70 00:04:06,480 --> 00:04:11,200 Speaker 1: density and how you're striking every time you're on television 71 00:04:11,680 --> 00:04:15,920 Speaker 1: or every time your games on a streaming platform. Um, 72 00:04:15,960 --> 00:04:18,520 Speaker 1: and we're positioned to do that quite well, right. And 73 00:04:18,560 --> 00:04:22,240 Speaker 1: also every time that an individual player, whether it's you 74 00:04:22,400 --> 00:04:25,880 Speaker 1: or or some of your colleagues, post on Instagram or 75 00:04:25,920 --> 00:04:28,360 Speaker 1: posts on Twitter. I mean that whole element of the 76 00:04:28,839 --> 00:04:31,640 Speaker 1: power shift. We're gonna talking about you as an athlete 77 00:04:31,680 --> 00:04:36,760 Speaker 1: in a second. I mean, that's been an amazing not 78 00:04:36,839 --> 00:04:39,920 Speaker 1: just pendulum swing, but but feels like a systemic change 79 00:04:40,040 --> 00:04:44,160 Speaker 1: in the way we think about sports and athletes. Massive. So, 80 00:04:44,560 --> 00:04:47,880 Speaker 1: prior to the social media era, all of the power 81 00:04:48,279 --> 00:04:52,240 Speaker 1: was with the network executives. They dictated to us when 82 00:04:52,279 --> 00:04:56,640 Speaker 1: we needed to watch a show at what time, and 83 00:04:56,640 --> 00:05:01,400 Speaker 1: there was primetime viewing habits since DVR to on demand 84 00:05:02,000 --> 00:05:06,720 Speaker 1: two now live streaming, but essentially V O D and 85 00:05:06,839 --> 00:05:10,200 Speaker 1: O T T the power shifted to the consumer. And 86 00:05:10,279 --> 00:05:14,120 Speaker 1: so in this new ecosystem, the networks and are now 87 00:05:14,160 --> 00:05:17,200 Speaker 1: switching from really a broadcast cable strategy to broadcast streaming 88 00:05:18,000 --> 00:05:20,440 Speaker 1: and the consumer gets to choose when they want to 89 00:05:20,440 --> 00:05:24,839 Speaker 1: consume except for sports. Sports is the final kind of 90 00:05:24,960 --> 00:05:30,760 Speaker 1: live opportunity for networks to capitalize. But we were able 91 00:05:30,760 --> 00:05:32,960 Speaker 1: to take advantage of and I don't think we would 92 00:05:33,000 --> 00:05:34,960 Speaker 1: have been able to start the p LLL ten years ago. 93 00:05:35,960 --> 00:05:38,839 Speaker 1: Is this new social media era where if you're not 94 00:05:39,279 --> 00:05:44,560 Speaker 1: largely known and an NBA or NFL player, you now 95 00:05:44,680 --> 00:05:47,480 Speaker 1: have the ability to build an audience in a community 96 00:05:47,480 --> 00:05:50,400 Speaker 1: of people who like what you like through social And 97 00:05:50,440 --> 00:05:54,240 Speaker 1: it's with that type of earned media that you can 98 00:05:54,279 --> 00:05:56,760 Speaker 1: build a big business off of. And that unlocked our 99 00:05:56,800 --> 00:05:59,920 Speaker 1: ability to start a professional across league in the twenty century. 100 00:06:00,320 --> 00:06:02,800 Speaker 1: And and one of the ways I think you've been 101 00:06:02,839 --> 00:06:06,640 Speaker 1: able to do that is by both empowering but also 102 00:06:06,680 --> 00:06:10,240 Speaker 1: sort of challenging and expecting the players to play a 103 00:06:10,320 --> 00:06:12,839 Speaker 1: more meaningful role in that than then maybe they would 104 00:06:12,880 --> 00:06:15,000 Speaker 1: have been a previous era. Right, It's like show up 105 00:06:15,000 --> 00:06:17,520 Speaker 1: on the weekend, they go play the game. Maybe they 106 00:06:17,560 --> 00:06:19,479 Speaker 1: like show up at a car dealership or whatever. But 107 00:06:19,560 --> 00:06:22,280 Speaker 1: like they're like their jobs on the field, Your job 108 00:06:22,360 --> 00:06:24,839 Speaker 1: is Your job as a player is not limited to 109 00:06:24,960 --> 00:06:27,400 Speaker 1: being on the field. Yeah. I think what social media 110 00:06:27,520 --> 00:06:32,760 Speaker 1: has created for a lot of athletes and entertainers that 111 00:06:32,880 --> 00:06:35,720 Speaker 1: is now more obvious than ever is that you are 112 00:06:35,760 --> 00:06:39,960 Speaker 1: actually in the business of entertainment. Yeah, you're a showman 113 00:06:40,040 --> 00:06:43,279 Speaker 1: or a show woman, and you don't have to be 114 00:06:43,760 --> 00:06:46,280 Speaker 1: so you can still step on the field and compete 115 00:06:46,320 --> 00:06:48,360 Speaker 1: and get your salary for being the best at what 116 00:06:48,400 --> 00:06:51,599 Speaker 1: you do. But if you take advantage of social then 117 00:06:51,640 --> 00:06:54,479 Speaker 1: you can now all of a sudden, unlock so much 118 00:06:54,480 --> 00:07:00,800 Speaker 1: opportunity in different industries. And with that opportunity also comes leverage, 119 00:07:00,839 --> 00:07:02,960 Speaker 1: so you have access to an audience. So the whole 120 00:07:03,000 --> 00:07:07,440 Speaker 1: ecosystem is shifted around athletes, in many cases across social 121 00:07:07,520 --> 00:07:10,240 Speaker 1: having larger audiences than the teams, in some cases than 122 00:07:10,280 --> 00:07:13,520 Speaker 1: the league's. So we have to recognize that and figure 123 00:07:13,560 --> 00:07:16,440 Speaker 1: out new ways to monetize and collaborate with athletes. And 124 00:07:17,120 --> 00:07:21,520 Speaker 1: that's frankly why we launched the league and shared uh 125 00:07:21,560 --> 00:07:23,840 Speaker 1: an ownership stake with our players. Were the only league 126 00:07:23,840 --> 00:07:27,120 Speaker 1: in North America where players have stock options, right, and 127 00:07:27,120 --> 00:07:29,440 Speaker 1: and to that point, I mean part of what you 128 00:07:29,520 --> 00:07:32,080 Speaker 1: did in that regard, what you have done is to 129 00:07:32,200 --> 00:07:35,080 Speaker 1: lead by example. You were really the first lacrosse player 130 00:07:35,160 --> 00:07:38,680 Speaker 1: to go out and market yourself to to get big 131 00:07:38,760 --> 00:07:42,080 Speaker 1: name endorsements, you know, Weather, it was under Armour and 132 00:07:42,080 --> 00:07:46,400 Speaker 1: and many more. Was that just something that you modeled 133 00:07:46,560 --> 00:07:50,240 Speaker 1: on other professional athletes? What what was the what was 134 00:07:50,280 --> 00:07:52,720 Speaker 1: your thinking? Then, I'm taking you back a little way. Yeah, 135 00:07:52,840 --> 00:07:53,920 Speaker 1: I mean it was a little bit of fake it 136 00:07:54,000 --> 00:07:58,880 Speaker 1: till you make it. I think that you know, I 137 00:07:58,920 --> 00:08:03,720 Speaker 1: grew up watching Michael Jorge and is famously known for 138 00:08:03,800 --> 00:08:07,400 Speaker 1: his Nike deal and his footwear deal which was transcending. 139 00:08:08,160 --> 00:08:11,680 Speaker 1: The one that was most meaningful to me was his 140 00:08:11,760 --> 00:08:14,440 Speaker 1: Gatorade deal and to be like Mike commercial which actually 141 00:08:14,520 --> 00:08:19,440 Speaker 1: humanized Mike as a person beyond just this illustrious athlete. 142 00:08:20,000 --> 00:08:22,480 Speaker 1: And I've used social media that way. It's a different 143 00:08:22,600 --> 00:08:26,000 Speaker 1: relationship that your fans can have. It's much more personal 144 00:08:26,040 --> 00:08:30,360 Speaker 1: and authentic. And then the league's they position in brand's 145 00:08:30,400 --> 00:08:34,360 Speaker 1: position athletes as these larger than life figures, so you're 146 00:08:34,440 --> 00:08:39,760 Speaker 1: able to connect more deeply with an audience. I figured 147 00:08:39,760 --> 00:08:42,360 Speaker 1: that out because I had to. No one was covering 148 00:08:42,360 --> 00:08:45,480 Speaker 1: professional across when I graduated it, I was drafted number one, 149 00:08:46,120 --> 00:08:50,000 Speaker 1: and even my closest friends didn't know right and Facebook 150 00:08:50,000 --> 00:08:53,400 Speaker 1: at the time had just launched fan pages, so previous 151 00:08:53,440 --> 00:08:56,800 Speaker 1: to that, our friends in any Facebook page was capped 152 00:08:56,800 --> 00:08:59,640 Speaker 1: at five thousand, and I remember graduating from college and 153 00:08:59,679 --> 00:09:03,199 Speaker 1: having ten thousand plus friend requests because they had also 154 00:09:03,280 --> 00:09:08,240 Speaker 1: just allowed high schoolers to register fan pages. Happen. I 155 00:09:08,440 --> 00:09:11,439 Speaker 1: build a page, it gets fifty followers, and all of 156 00:09:11,480 --> 00:09:14,840 Speaker 1: a sudden, I'm having a conversation with people around the 157 00:09:14,960 --> 00:09:18,400 Speaker 1: US that are interested in professional lacrosse. They didn't even 158 00:09:18,440 --> 00:09:20,960 Speaker 1: know where to watch it. So that to me turned 159 00:09:20,960 --> 00:09:25,000 Speaker 1: on this idea that oh, there's something here not just 160 00:09:25,800 --> 00:09:29,559 Speaker 1: for athletes in social but for professional across as a whole. 161 00:09:29,600 --> 00:09:30,960 Speaker 1: I didn't know that I was going to start a 162 00:09:31,000 --> 00:09:34,800 Speaker 1: league ten years later, but that was the big moment. Yeah, 163 00:09:35,040 --> 00:09:38,040 Speaker 1: and what have you learned as an athlete about having 164 00:09:38,160 --> 00:09:41,160 Speaker 1: that sort of platform, Because it comes obviously with a 165 00:09:41,200 --> 00:09:45,720 Speaker 1: lot of opportunity, that is, you know, economic and fame 166 00:09:45,800 --> 00:09:48,640 Speaker 1: and all of that, but also a lot of responsibility. 167 00:09:48,840 --> 00:09:51,480 Speaker 1: This is not an easy time to be a public 168 00:09:51,520 --> 00:09:54,320 Speaker 1: figure in many ways. What have you learned? Well? I 169 00:09:54,320 --> 00:09:59,920 Speaker 1: think Michelle Obama says it pretty regularly that, um, you know, 170 00:10:00,640 --> 00:10:03,240 Speaker 1: you have a thought we all do. Take a minute, 171 00:10:03,480 --> 00:10:06,960 Speaker 1: let the first impulse pass, and then do some research, 172 00:10:07,960 --> 00:10:09,839 Speaker 1: think about it a little bit more critically, and then 173 00:10:09,880 --> 00:10:12,720 Speaker 1: share with your audience if you feel compelled to. Um. 174 00:10:13,640 --> 00:10:16,960 Speaker 1: The world's really complex. It always has been, but information 175 00:10:17,000 --> 00:10:20,760 Speaker 1: symmetry is far greater than it ever was, and our 176 00:10:20,800 --> 00:10:24,719 Speaker 1: ability to connect and share peer to peer is now 177 00:10:24,840 --> 00:10:29,640 Speaker 1: pure to virility. So you absolutely have to be mindful. 178 00:10:30,240 --> 00:10:31,880 Speaker 1: M one of our core values of the plots. Just 179 00:10:32,000 --> 00:10:37,360 Speaker 1: think critically. You know, I like to stand up for 180 00:10:37,520 --> 00:10:40,800 Speaker 1: things that I care about. UM, But you also have 181 00:10:40,960 --> 00:10:45,120 Speaker 1: to be critically aware of other people's viewpoints. And what 182 00:10:45,240 --> 00:10:48,160 Speaker 1: I tell our athletes is educate yourself before you get 183 00:10:48,200 --> 00:10:50,760 Speaker 1: into subject matter to the best that you can, and 184 00:10:50,760 --> 00:10:52,439 Speaker 1: then we'll be here to help. But I think it's 185 00:10:52,440 --> 00:10:55,800 Speaker 1: important that should you feel compelled to, you you share 186 00:10:55,840 --> 00:11:00,720 Speaker 1: your views. All right, Well, let's shift to something that 187 00:11:00,920 --> 00:11:05,199 Speaker 1: is really the big news, which is from a playing perspective, 188 00:11:06,400 --> 00:11:11,600 Speaker 1: you're hanging it up. I'm hanging it up. Yeah? Why now? Well, 189 00:11:11,640 --> 00:11:14,400 Speaker 1: I think maybe a week ago I would have been 190 00:11:14,440 --> 00:11:17,840 Speaker 1: in your T shirt and feel more comfortable as just 191 00:11:18,480 --> 00:11:23,400 Speaker 1: now I'm like trying to get used to a business guy. Yeah. Um, 192 00:11:23,400 --> 00:11:29,120 Speaker 1: the time had come for me, both personally and professionally, 193 00:11:29,720 --> 00:11:33,080 Speaker 1: and we started this conversation. U asked me three years 194 00:11:33,080 --> 00:11:37,040 Speaker 1: in how is it? Um? And we're at that inflection point. 195 00:11:38,080 --> 00:11:42,400 Speaker 1: So from a commercial standpoint, the more time that I 196 00:11:42,480 --> 00:11:45,160 Speaker 1: spend on the business, I think, the more helpful I 197 00:11:45,240 --> 00:11:50,959 Speaker 1: convening my colleagues. But personally, I'm thirty five, I've been 198 00:11:51,000 --> 00:11:54,000 Speaker 1: through a lot of injuries the last seven years and 199 00:11:54,720 --> 00:11:57,760 Speaker 1: actually running the league and playing in it. I remember 200 00:11:57,800 --> 00:12:01,480 Speaker 1: an early conversation you and I had, UM, I basically 201 00:12:01,520 --> 00:12:05,440 Speaker 1: compared myself to Jackie Mean and uh, and I try 202 00:12:05,480 --> 00:12:10,959 Speaker 1: to bring some self deprecation two the notion of how 203 00:12:11,000 --> 00:12:13,120 Speaker 1: do you do both? Or is there a conflict of interest? 204 00:12:13,920 --> 00:12:17,800 Speaker 1: And while formerly there there is none because we've structured 205 00:12:17,840 --> 00:12:21,120 Speaker 1: our our business that way, it still felt that way. Yeah. 206 00:12:21,240 --> 00:12:23,080 Speaker 1: I felt that way for me, It felt that way 207 00:12:23,120 --> 00:12:26,880 Speaker 1: for my teammates in and out of the locker room. 208 00:12:26,880 --> 00:12:29,920 Speaker 1: And it was hard. It's really hard for for three 209 00:12:29,960 --> 00:12:35,640 Speaker 1: seasons sitting over top of our media marketing network and 210 00:12:35,920 --> 00:12:40,640 Speaker 1: working directly with NBC and scoping out the next weekend's 211 00:12:40,640 --> 00:12:46,520 Speaker 1: broadcast and then being in it, and yeah, balancing that 212 00:12:46,640 --> 00:12:49,640 Speaker 1: was difficult. So I think it was like an amalgamation 213 00:12:49,679 --> 00:12:54,160 Speaker 1: of time as as an athlete and uh and what 214 00:12:54,240 --> 00:12:57,520 Speaker 1: I want to continue to devote now all of my 215 00:12:57,640 --> 00:13:01,720 Speaker 1: time too as an entrepreneur. And I think walking away 216 00:13:01,760 --> 00:13:05,880 Speaker 1: from anything is is really really difficult and you'll never 217 00:13:05,920 --> 00:13:08,839 Speaker 1: be a but if you can get to eighty or 218 00:13:09,520 --> 00:13:12,480 Speaker 1: it's pretty powerful. I think we deliberate and get stuck 219 00:13:12,480 --> 00:13:16,240 Speaker 1: when we're and that's something that I've learned in my 220 00:13:16,360 --> 00:13:19,200 Speaker 1: life thus far with difficult decisions. If you can actually 221 00:13:19,200 --> 00:13:24,040 Speaker 1: get closer that that's probably your decision. Um. And nothing 222 00:13:24,080 --> 00:13:26,120 Speaker 1: ever in life is permanent, even though we try to. 223 00:13:26,880 --> 00:13:29,280 Speaker 1: I think it is, and we we get pushed towards 224 00:13:29,280 --> 00:13:32,840 Speaker 1: the binary. But um, you know right now it is 225 00:13:32,920 --> 00:13:38,280 Speaker 1: it is time, and so stepping away, um yeah, you 226 00:13:38,320 --> 00:13:40,959 Speaker 1: never think about it as an athlete and I'm still 227 00:13:41,000 --> 00:13:44,160 Speaker 1: probably processing it. And so how does it feel. I 228 00:13:44,160 --> 00:13:47,240 Speaker 1: mean as someone who obviously will continue in the game. 229 00:13:47,320 --> 00:13:51,160 Speaker 1: I mean a lot of people retire and it's like, well, 230 00:13:51,160 --> 00:13:53,920 Speaker 1: I'm still gonna stay close to the game. You're gonna 231 00:13:53,960 --> 00:13:56,600 Speaker 1: be inside the game and in many ways, like no 232 00:13:56,600 --> 00:13:58,959 Speaker 1: one is going to be who's not on the field, 233 00:13:58,960 --> 00:14:01,560 Speaker 1: it's going to be closer than you in some ways, 234 00:14:02,000 --> 00:14:05,000 Speaker 1: does that make it easier or harder? I mean I 235 00:14:05,040 --> 00:14:10,680 Speaker 1: think unequivocally easier. You'd probably have to drag me off 236 00:14:10,679 --> 00:14:14,200 Speaker 1: the field if I was just an athlete. The game 237 00:14:14,240 --> 00:14:17,720 Speaker 1: means so much to me and really gotten everything that 238 00:14:17,760 --> 00:14:22,200 Speaker 1: I have today, relationships to business opportunities because of lacrosse, 239 00:14:22,760 --> 00:14:24,360 Speaker 1: and there's still so much work to be done in 240 00:14:24,480 --> 00:14:28,680 Speaker 1: stories to be told. So knowing that I can still 241 00:14:28,720 --> 00:14:32,920 Speaker 1: be a part of every game weekend commercially drive its interest, 242 00:14:32,960 --> 00:14:38,120 Speaker 1: But most importantly, I think storytell and narrate what lacrosse is, 243 00:14:38,720 --> 00:14:41,240 Speaker 1: where it came from, who the people are to play 244 00:14:41,240 --> 00:14:44,160 Speaker 1: it today. That's the type of stuff that I'm really 245 00:14:44,200 --> 00:14:48,720 Speaker 1: excited about devoting all of my energy too. And so 246 00:14:48,800 --> 00:14:51,600 Speaker 1: what is that I know this is all TBD in 247 00:14:51,600 --> 00:14:53,520 Speaker 1: in some ways what the day to day looks like, 248 00:14:53,600 --> 00:14:55,480 Speaker 1: But what does your day to day look like like? 249 00:14:55,560 --> 00:14:57,480 Speaker 1: What are the things that you'll now be able to 250 00:14:57,520 --> 00:15:00,680 Speaker 1: do on a day to day basis that were previously 251 00:15:00,760 --> 00:15:05,280 Speaker 1: taking up taken up by team meetings and workouts and right, 252 00:15:05,320 --> 00:15:07,000 Speaker 1: and all the stuff that you've been doing, Yeah, well 253 00:15:07,000 --> 00:15:09,160 Speaker 1: there was. Like I said, the last five years, there's 254 00:15:09,160 --> 00:15:12,320 Speaker 1: been a ton of time dedicated to rehabilitation, prehab, rehab, 255 00:15:12,720 --> 00:15:16,320 Speaker 1: surgery's recovery. All that stuff been practice. But I think 256 00:15:16,320 --> 00:15:21,960 Speaker 1: the biggest weight that is lifted is the constant mindfulness 257 00:15:22,280 --> 00:15:26,000 Speaker 1: that any professional athlete has to have, especially into her 258 00:15:26,200 --> 00:15:30,600 Speaker 1: or his thirties. Of it's just it's basically like a 259 00:15:30,680 --> 00:15:33,320 Speaker 1: checklist every day, Jason. So it's like I don't sleep 260 00:15:33,360 --> 00:15:36,600 Speaker 1: eight hours. That's haunting me as a professional athlete. If 261 00:15:36,600 --> 00:15:40,640 Speaker 1: I'm not hydrated, I gotta go find water and gain 262 00:15:40,760 --> 00:15:42,800 Speaker 1: rate and make sure that I'm taking care of myself. 263 00:15:43,800 --> 00:15:46,520 Speaker 1: And uh, I'm still going to take care of myself, 264 00:15:46,560 --> 00:15:50,880 Speaker 1: but to the degree that my performance relies on that, 265 00:15:51,160 --> 00:15:53,840 Speaker 1: I get to shed some of that. My day to 266 00:15:53,960 --> 00:15:58,200 Speaker 1: day as as an entrepreneur over the last three years 267 00:15:58,240 --> 00:16:00,720 Speaker 1: has shifted on the season and the off season, I've 268 00:16:00,760 --> 00:16:03,440 Speaker 1: prioritized running the business and then I squeeze workouts in 269 00:16:03,440 --> 00:16:08,560 Speaker 1: in hotel gyms or um at night, and once the 270 00:16:08,600 --> 00:16:12,000 Speaker 1: season comes it's the opposite. I would prioritize my workouts, 271 00:16:12,080 --> 00:16:15,560 Speaker 1: my rehab, my team meetings, and then make the calls. 272 00:16:16,640 --> 00:16:20,240 Speaker 1: The opportunity here is that the most important time of 273 00:16:20,240 --> 00:16:23,360 Speaker 1: the year for our executive team is the season, and 274 00:16:23,400 --> 00:16:25,640 Speaker 1: that was the time where I was spending the least 275 00:16:25,640 --> 00:16:30,000 Speaker 1: amount on the business. So um, so I'm getting that. 276 00:16:31,240 --> 00:16:33,680 Speaker 1: I would say that my day starts at seven and 277 00:16:34,120 --> 00:16:38,560 Speaker 1: finishes at nine o'clock at night. And any entrepreneur can 278 00:16:38,600 --> 00:16:41,200 Speaker 1: probably relate. Or business executive where there's a lot of 279 00:16:41,240 --> 00:16:45,040 Speaker 1: writing on decisions that you make, is that you're really 280 00:16:45,800 --> 00:16:51,040 Speaker 1: really on most of the time creatively, especially I read 281 00:16:51,120 --> 00:16:56,800 Speaker 1: a lot, especially about other leagues and businesses that are 282 00:16:56,840 --> 00:16:59,080 Speaker 1: in and around sport, so we could be on the 283 00:16:59,120 --> 00:17:04,040 Speaker 1: cutting edge and quicker and continue to innovate. So I'll 284 00:17:04,040 --> 00:17:07,520 Speaker 1: give you an example. If I'm watching an NFL broadcast 285 00:17:07,760 --> 00:17:13,240 Speaker 1: and it's being simulcast on Nickelodeon and there is, um, 286 00:17:13,280 --> 00:17:17,720 Speaker 1: you know this this a R component to celebrate a touchdown, 287 00:17:19,000 --> 00:17:22,520 Speaker 1: I'm immediately thinking about, well, what's our augmented reality approach 288 00:17:22,560 --> 00:17:26,640 Speaker 1: and how does that work in lacrosse? And after a goal, 289 00:17:27,160 --> 00:17:29,960 Speaker 1: so it just never shuts off, which is maybe part 290 00:17:29,960 --> 00:17:34,439 Speaker 1: of the problem. And so what's the biggest business challenge 291 00:17:34,480 --> 00:17:38,040 Speaker 1: you think that you individually want to tackle now that 292 00:17:38,119 --> 00:17:41,600 Speaker 1: you will be devoted to the business. Well, the most 293 00:17:41,600 --> 00:17:45,720 Speaker 1: exciting part about right now for the pol And Professional 294 00:17:45,720 --> 00:17:49,920 Speaker 1: Across is that we have gotten through our first three 295 00:17:50,000 --> 00:17:53,480 Speaker 1: years with year year growth. From a viewership standpoint, we're up. 296 00:17:54,560 --> 00:17:58,560 Speaker 1: From a ticket sales standpoint, we're up. We've survived a pandemic, 297 00:17:58,600 --> 00:18:00,520 Speaker 1: were not only able to survive it, but we're able 298 00:18:00,560 --> 00:18:03,679 Speaker 1: to propel. We've turned sports betting on. We brought in 299 00:18:03,920 --> 00:18:06,760 Speaker 1: non endemic sponsors that have never even looked out across before. 300 00:18:07,320 --> 00:18:12,119 Speaker 1: But right now are our first media rights partnership with 301 00:18:12,280 --> 00:18:16,000 Speaker 1: NBC has reached its end. And what we hear about 302 00:18:16,040 --> 00:18:19,520 Speaker 1: in the businesses support quite regularly is a new media deal. 303 00:18:20,640 --> 00:18:26,840 Speaker 1: And sports are about viewership and distribution. So this offseason, 304 00:18:26,960 --> 00:18:29,320 Speaker 1: like my sole focus right now, is a new media 305 00:18:29,400 --> 00:18:34,280 Speaker 1: deal and and how can we creatively do something that 306 00:18:35,040 --> 00:18:39,240 Speaker 1: nobody has done in professional sports? How can we build 307 00:18:39,280 --> 00:18:42,400 Speaker 1: on the success of our NBC partnership and the viewership 308 00:18:42,440 --> 00:18:44,880 Speaker 1: numbers that we have, And then how can we adapt 309 00:18:45,080 --> 00:18:50,120 Speaker 1: to this new streaming world that everyone is becoming much 310 00:18:50,160 --> 00:18:57,280 Speaker 1: more accustomed to and welcoming to. And as you think 311 00:18:57,320 --> 00:19:00,400 Speaker 1: about winding down as as a professional athlete, I mean 312 00:19:00,480 --> 00:19:03,200 Speaker 1: that and We've touched on this a little bit already, 313 00:19:03,200 --> 00:19:06,360 Speaker 1: but the role of the professional athlete has changed, the 314 00:19:06,480 --> 00:19:08,479 Speaker 1: role of the college athlete has changed. You know, when 315 00:19:08,520 --> 00:19:10,760 Speaker 1: you think about the new rules around name, image and 316 00:19:10,840 --> 00:19:16,680 Speaker 1: likeness and whatnot, as you're leaving that part of your career, 317 00:19:18,320 --> 00:19:21,479 Speaker 1: what changed in in those those years that you were 318 00:19:21,520 --> 00:19:25,640 Speaker 1: a college athlete and a professional athlete from then to now. Well, 319 00:19:25,640 --> 00:19:29,959 Speaker 1: there's the generational shift that's happening right now in lacrosse, 320 00:19:31,240 --> 00:19:36,440 Speaker 1: accepting and appreciating and vuying towards a professional league. When 321 00:19:36,520 --> 00:19:39,840 Speaker 1: I was growing up playing the game, the peak for 322 00:19:39,920 --> 00:19:43,200 Speaker 1: me was making the final four in college pro lacrosse 323 00:19:43,760 --> 00:19:46,679 Speaker 1: hadn't been built yet, and then when it did, it 324 00:19:46,720 --> 00:19:49,560 Speaker 1: didn't have distribution, So I was always thinking about college 325 00:19:49,640 --> 00:19:53,440 Speaker 1: as the pinnacle um. Now the next generation was looking 326 00:19:53,440 --> 00:19:56,520 Speaker 1: at playing in the p l O and that shift 327 00:19:56,640 --> 00:20:00,560 Speaker 1: is huge because you're able to attract new part dinticipants 328 00:20:00,600 --> 00:20:05,080 Speaker 1: to the game, and you're also able to motivate a 329 00:20:05,520 --> 00:20:10,639 Speaker 1: community of sports fans in the direction that will create 330 00:20:10,640 --> 00:20:14,800 Speaker 1: more attention around across The name, image and likeness is 331 00:20:15,000 --> 00:20:17,840 Speaker 1: huge for a sport like ours. I think it disproportionately 332 00:20:17,960 --> 00:20:22,840 Speaker 1: favors the long tail sports over what we already know 333 00:20:22,920 --> 00:20:25,359 Speaker 1: in in basketball, football, and baseball is a ton of 334 00:20:25,400 --> 00:20:28,800 Speaker 1: attention at the professional level. And so I view n 335 00:20:28,840 --> 00:20:32,000 Speaker 1: i L as a really strong primer for our college 336 00:20:32,080 --> 00:20:35,200 Speaker 1: lacrosse players to begin thinking about how to build their 337 00:20:35,240 --> 00:20:37,720 Speaker 1: brands so that when they do jump into the p LLL, 338 00:20:38,160 --> 00:20:43,679 Speaker 1: we have a big audience that wants to meet this player. 339 00:20:43,720 --> 00:20:47,040 Speaker 1: Already may know this player and accrues to your interest 340 00:20:47,080 --> 00:20:50,920 Speaker 1: in some ways. Having these brands come through Hopkins a 341 00:20:51,080 --> 00:20:55,000 Speaker 1: u v A. I'll say at a Georgetown then and 342 00:20:55,040 --> 00:20:57,520 Speaker 1: there yeah, no doubt. And so our players were then 343 00:20:57,560 --> 00:21:00,080 Speaker 1: going to be primed. They're going to be using and 344 00:21:00,200 --> 00:21:05,560 Speaker 1: social differently than maybe they would have had they otherwise 345 00:21:05,560 --> 00:21:08,640 Speaker 1: not had access to brand deals. And Sportco just listed 346 00:21:08,920 --> 00:21:12,720 Speaker 1: that that lacrosse is in the top ten for deals 347 00:21:12,800 --> 00:21:15,119 Speaker 1: right now. They are coming in from brands, and I 348 00:21:15,119 --> 00:21:18,119 Speaker 1: would have never imagined that three years ago. So it's 349 00:21:18,160 --> 00:21:20,399 Speaker 1: good momentum for us. You know, I have a vested 350 00:21:20,440 --> 00:21:24,399 Speaker 1: interest in the in the youth lacrosse world. Tell me 351 00:21:24,440 --> 00:21:26,159 Speaker 1: what you've learned about that, because you know a lot 352 00:21:26,160 --> 00:21:29,119 Speaker 1: of people listening to and watching this, you know, have sons, 353 00:21:29,160 --> 00:21:32,879 Speaker 1: daughters who play this is a fast growing sport in 354 00:21:32,960 --> 00:21:36,239 Speaker 1: many ways. Obviously it's a pipeline of sorts for for 355 00:21:36,320 --> 00:21:39,639 Speaker 1: college and the PLL. But help me understand how you 356 00:21:39,680 --> 00:21:42,520 Speaker 1: look at the economics, because you see it not only 357 00:21:42,560 --> 00:21:45,600 Speaker 1: from a talent perspective, but from a business perspective as well. 358 00:21:45,640 --> 00:21:48,360 Speaker 1: This is one of the pillars you talked about. Yeah. Absolutely, 359 00:21:48,880 --> 00:21:51,480 Speaker 1: There's a couple of things I'll say about youth across 360 00:21:51,520 --> 00:21:55,760 Speaker 1: and it's generally use sports. It's gotten so competitive. Every 361 00:21:55,800 --> 00:22:01,200 Speaker 1: parent that enlists their daughter or son at age nine 362 00:22:01,240 --> 00:22:03,960 Speaker 1: to ten want them getting a scholarship to college and 363 00:22:04,000 --> 00:22:06,919 Speaker 1: playing professionally. When I was growing up, it was more 364 00:22:06,960 --> 00:22:09,919 Speaker 1: of a means to have fun and and playing the 365 00:22:09,920 --> 00:22:14,280 Speaker 1: community with your neighbors. Um SO, I think that you 366 00:22:14,320 --> 00:22:19,119 Speaker 1: know the benefit of privatized youth sports is that there's uh, 367 00:22:19,200 --> 00:22:23,879 Speaker 1: there's more attention and there's greater effort into developing the 368 00:22:24,000 --> 00:22:27,120 Speaker 1: skill of players at a younger age. So the professional 369 00:22:27,200 --> 00:22:31,439 Speaker 1: leads get the benefit of having Zion Williamson's come to 370 00:22:31,480 --> 00:22:36,119 Speaker 1: the NBA who looks like a ten year veteran. Um 371 00:22:36,160 --> 00:22:39,400 Speaker 1: SO lacrosse is catching up to the AU model, for example, 372 00:22:39,960 --> 00:22:46,440 Speaker 1: UM and club soccer. The challenges that privatized youth sports 373 00:22:46,520 --> 00:22:49,919 Speaker 1: create a barrier for those who can't afford it. So 374 00:22:51,359 --> 00:22:54,120 Speaker 1: part two to what I was saying is revitalizing reck 375 00:22:55,040 --> 00:22:57,920 Speaker 1: and revitalizing rec Lacrosse is important to me. I think 376 00:22:57,960 --> 00:23:00,760 Speaker 1: REX sports across the border down and have been down 377 00:23:01,240 --> 00:23:04,000 Speaker 1: year every year for the last decade. So as part 378 00:23:04,000 --> 00:23:07,399 Speaker 1: of my retirement announcement, I talked about a new endeavor. 379 00:23:07,400 --> 00:23:09,919 Speaker 1: It's important to me. It's called Goals for Greatness, but 380 00:23:10,000 --> 00:23:15,280 Speaker 1: I'm committing to beginning and beyond lacrosse goals in all 381 00:23:15,320 --> 00:23:19,040 Speaker 1: fifty states, so I'll resource it and u and the 382 00:23:19,080 --> 00:23:24,080 Speaker 1: goal is to increase accessibility visibility for the game. I 383 00:23:24,119 --> 00:23:28,320 Speaker 1: grew up in neighborhoods that all had basketball courts, tennis courts, 384 00:23:28,320 --> 00:23:30,399 Speaker 1: and baseball diamonds, and you see them everywhere, and you 385 00:23:30,480 --> 00:23:33,080 Speaker 1: become accustomed to that, even as a casual sports fan. 386 00:23:33,119 --> 00:23:36,240 Speaker 1: There's a hundred million in the US, but I never 387 00:23:36,920 --> 00:23:40,520 Speaker 1: and still really struggle to this day finding lacrosse goals 388 00:23:40,560 --> 00:23:43,879 Speaker 1: to shoot on. So I lug one on my shoulder 389 00:23:43,920 --> 00:23:46,880 Speaker 1: or throw it in my truck. And I want to 390 00:23:46,920 --> 00:23:49,119 Speaker 1: eliminate that barrier. And I think there's gonna be a 391 00:23:49,119 --> 00:23:51,520 Speaker 1: big trickle down effect for doing so, so as we 392 00:23:51,640 --> 00:23:56,600 Speaker 1: finish up, you know, looking even further ahead, could be 393 00:23:58,240 --> 00:24:03,160 Speaker 1: that's having a conversation in Los Angeles with lacrosse fully 394 00:24:03,200 --> 00:24:07,320 Speaker 1: apart of the Olympics. How big will that be potentially? 395 00:24:07,480 --> 00:24:11,640 Speaker 1: How big is that evolution toward getting back to the Olympics? Uh? 396 00:24:11,960 --> 00:24:15,000 Speaker 1: For for the game massive three and a half billion 397 00:24:15,040 --> 00:24:18,119 Speaker 1: people are aware of the Olympics and there's two and 398 00:24:18,119 --> 00:24:22,119 Speaker 1: a half million participants in lacrosse. There's sixty eight countries 399 00:24:22,160 --> 00:24:24,560 Speaker 1: that are sanctioned, which is how we got to where 400 00:24:24,600 --> 00:24:29,199 Speaker 1: we are today. Lacrosse was once an Olympic sport, but 401 00:24:29,440 --> 00:24:33,240 Speaker 1: four teams played and UH. Team USA was comprised of 402 00:24:33,320 --> 00:24:38,600 Speaker 1: Johns Hopkins Canada one both times to be fair and UH. 403 00:24:38,960 --> 00:24:42,440 Speaker 1: And then the Olympics began to commercialize and changed a 404 00:24:42,480 --> 00:24:45,840 Speaker 1: little bit of its pre rex and lacrosse fell out 405 00:24:45,880 --> 00:24:50,080 Speaker 1: of it because there wasn't enough participation around the globe. 406 00:24:50,520 --> 00:24:54,040 Speaker 1: So we've since reached those prerequisites and we've got full 407 00:24:54,040 --> 00:24:58,440 Speaker 1: membership recognition from the IOC this past summer, which was amazing, 408 00:24:58,880 --> 00:25:01,480 Speaker 1: and now we begin a charted path to be in 409 00:25:02,480 --> 00:25:06,639 Speaker 1: games in l A m IF and I believe when 410 00:25:06,720 --> 00:25:11,560 Speaker 1: it happens you're gonna see the most important piece unlock, 411 00:25:11,840 --> 00:25:14,840 Speaker 1: which is on a pro rata basis. All of the 412 00:25:14,880 --> 00:25:18,639 Speaker 1: sixty eight probably plus countries that have the ability to 413 00:25:18,680 --> 00:25:22,640 Speaker 1: compete in those Olympic Games will get those resources from 414 00:25:22,680 --> 00:25:26,359 Speaker 1: their national governing bodies, which means, for sport like lacrosse, 415 00:25:26,400 --> 00:25:28,959 Speaker 1: which is much like hockey and golf, it's expensive, it's 416 00:25:28,960 --> 00:25:32,720 Speaker 1: an equipment sport, you begin to offer those goods to 417 00:25:33,480 --> 00:25:37,560 Speaker 1: people and athletes in your country. Um. So that's how 418 00:25:37,640 --> 00:25:41,359 Speaker 1: I view the long tail benefit of the Olympics, and 419 00:25:41,400 --> 00:25:46,639 Speaker 1: then the obvious and immediate ones are visibility and in growth. 420 00:25:47,960 --> 00:25:50,480 Speaker 1: All right, well we're wrapping up, but I gotta ask you, like, 421 00:25:51,200 --> 00:25:53,280 Speaker 1: how do you feel like? I mean, this is a 422 00:25:53,440 --> 00:25:56,800 Speaker 1: this is a it's a big thing. It's a big 423 00:25:56,840 --> 00:25:58,800 Speaker 1: thing for you. I don't think and I'm not saying 424 00:25:58,840 --> 00:26:00,959 Speaker 1: this because you're sitting here. I don't think there's any 425 00:26:01,000 --> 00:26:04,920 Speaker 1: other person who is as associated with the game as 426 00:26:04,920 --> 00:26:09,760 Speaker 1: a player as you are. You must be feeling the 427 00:26:09,760 --> 00:26:13,879 Speaker 1: the weight of that to some extent, but and clearly 428 00:26:13,920 --> 00:26:17,720 Speaker 1: also some pride in that. But it's a big moment. Yeah, 429 00:26:17,760 --> 00:26:19,800 Speaker 1: it is. I mean, I appreciate you saying that. I 430 00:26:19,880 --> 00:26:22,960 Speaker 1: was having that conversation last night with a board member, 431 00:26:23,880 --> 00:26:28,199 Speaker 1: and he always encourages me to like step back and 432 00:26:28,400 --> 00:26:33,120 Speaker 1: appreciate everything that we've been working on. And I try 433 00:26:33,160 --> 00:26:38,080 Speaker 1: to do that in my daily practice. But it's it 434 00:26:38,200 --> 00:26:41,760 Speaker 1: sits in a catch twenty two of entrepreneurs having to 435 00:26:42,440 --> 00:26:48,360 Speaker 1: have to be hyper focused on the multiple tasks at hand. Um. 436 00:26:48,400 --> 00:26:49,960 Speaker 1: But if I'm able to like sit in this chair 437 00:26:50,000 --> 00:26:53,600 Speaker 1: and talk to you about what I've done and been 438 00:26:53,640 --> 00:26:57,520 Speaker 1: able to do, I feel really grateful, um grateful for 439 00:26:57,600 --> 00:27:00,639 Speaker 1: my family. My brother is my co founder and the 440 00:27:00,640 --> 00:27:05,800 Speaker 1: CEO of the POLUM, a lot of coaches and teammates 441 00:27:05,840 --> 00:27:12,119 Speaker 1: and medical staff, and I've been pretty fortunate to be 442 00:27:12,160 --> 00:27:16,000 Speaker 1: on some great teams and then all of a sudden 443 00:27:16,280 --> 00:27:19,600 Speaker 1: you find yourself operating the Pro League. So I just 444 00:27:19,600 --> 00:27:23,480 Speaker 1: would never have dreamed that I would be in this 445 00:27:23,560 --> 00:27:28,640 Speaker 1: position doing something that I love so much. I'm gonna 446 00:27:28,640 --> 00:27:32,080 Speaker 1: miss the game. I know I'm gonna I'm gonna miss plane, 447 00:27:32,119 --> 00:27:34,440 Speaker 1: and it's probably gonna take two, maybe three years for 448 00:27:34,520 --> 00:27:39,680 Speaker 1: me to feel normal about it. But I'll be close 449 00:27:39,720 --> 00:27:43,280 Speaker 1: to the field every week, so that'll be a nice 450 00:27:43,320 --> 00:27:47,280 Speaker 1: way to alleviate some of that page people may look 451 00:27:47,280 --> 00:27:50,240 Speaker 1: over like is he suiting up? Like what's happening over? 452 00:27:50,440 --> 00:27:53,159 Speaker 1: Where did he go? Where did he go? Maybe I'll 453 00:27:53,200 --> 00:27:56,679 Speaker 1: jump in an All Star Games TV. They good to 454 00:27:56,720 --> 00:28:01,560 Speaker 1: see her, great to see her. Congratulation. Thank you Foo