1 00:00:00,280 --> 00:00:03,400 Speaker 1: This is the business of sports. Let's talk Super Bowl 2 00:00:03,520 --> 00:00:06,600 Speaker 1: and Fox Sports every single thing that occurs. I want 3 00:00:06,600 --> 00:00:08,880 Speaker 1: people to remember, this is a business. Guaranteed money isn't 4 00:00:08,880 --> 00:00:13,040 Speaker 1: necessarily guaranteed. Michael Ball, how high can these valuations go? 5 00:00:13,240 --> 00:00:17,720 Speaker 1: Scott everybody loves rooting against him, right, Evan Nod Williams. 6 00:00:17,760 --> 00:00:19,720 Speaker 1: Off the field, the NBA has never been buzzier. And 7 00:00:19,760 --> 00:00:22,840 Speaker 1: the leaders in the sports industry Major League Baseball Commissioner 8 00:00:22,960 --> 00:00:25,920 Speaker 1: Rob Manfredins, CEO of Oracle, Mark Bert here At Smith, 9 00:00:25,920 --> 00:00:29,560 Speaker 1: President of Ticketmasters, maybe race car driver Leo castro Evs 10 00:00:29,560 --> 00:00:33,560 Speaker 1: Bloomberg Business of Sports from Bloomberg Radio. Hello, I'm Michael 11 00:00:33,560 --> 00:00:36,480 Speaker 1: barn I'm Evan Novie Williams, and I'm Scott Stick. Every 12 00:00:36,520 --> 00:00:39,120 Speaker 1: week at this time, plus Mondays and Wednesdays, we explored 13 00:00:39,120 --> 00:00:41,200 Speaker 1: the big money issues in the world of sports. Joining 14 00:00:41,280 --> 00:00:43,839 Speaker 1: us this week, John Curry, the Wake Forest a d 15 00:00:44,400 --> 00:00:46,559 Speaker 1: We're gonna have a lot coming with that interview in 16 00:00:46,600 --> 00:00:48,480 Speaker 1: a few minutes, but first let's look at the top 17 00:00:48,520 --> 00:00:52,000 Speaker 1: stories of the week. Let's start with the baseball revenue. Gee, 18 00:00:52,000 --> 00:00:54,360 Speaker 1: I thought baseball was in trouble, but I'm gonna do 19 00:00:54,400 --> 00:01:04,240 Speaker 1: the soundtrack. You do the stats, okayking base ball from 20 00:01:04,360 --> 00:01:08,000 Speaker 1: last year, Rob Manfred doing the tap dance do and 21 00:01:08,040 --> 00:01:12,440 Speaker 1: they yeah, they lost money that right now, Perhaps the 22 00:01:12,520 --> 00:01:16,319 Speaker 1: reports of the death and demise of Major League Baseball 23 00:01:16,400 --> 00:01:20,039 Speaker 1: have been overstated. Michael Barr, Yes, are they higher than 24 00:01:20,240 --> 00:01:24,880 Speaker 1: uh yeah, record point seven billion dollars in revenue for 25 00:01:24,920 --> 00:01:28,560 Speaker 1: baseball according to Ford's going up seventeen consecutive years. Um. 26 00:01:28,959 --> 00:01:30,920 Speaker 1: I think some people might be surprised still out there 27 00:01:30,920 --> 00:01:34,160 Speaker 1: to know that baseball significantly more revenue than than than 28 00:01:34,240 --> 00:01:36,959 Speaker 1: the NBA at this point right now. Um, But no 29 00:01:37,080 --> 00:01:40,360 Speaker 1: surprise here is caught fueled by media rights, you know, 30 00:01:40,400 --> 00:01:42,280 Speaker 1: an increase in the in the Fox deal, which I 31 00:01:42,319 --> 00:01:44,680 Speaker 1: believe that kicks in next year. Book. I believe that 32 00:01:44,720 --> 00:01:46,760 Speaker 1: kicks in next year, and then get another book and 33 00:01:46,800 --> 00:01:50,000 Speaker 1: there's more, you know, Turner, there's a negotiation there that 34 00:01:50,000 --> 00:01:52,360 Speaker 1: that that those rights will get extended as well. Most 35 00:01:52,400 --> 00:01:54,600 Speaker 1: likely that will also be a bump. This is all 36 00:01:54,680 --> 00:01:57,240 Speaker 1: kind of driven by, you know, by the national media 37 00:01:57,280 --> 00:01:59,600 Speaker 1: deal and now that the local rights are going back 38 00:01:59,680 --> 00:02:02,960 Speaker 1: to teams. We've already seen a hint of Amazon pairing 39 00:02:03,560 --> 00:02:07,840 Speaker 1: with the Yankees and Sinclair giving it some distribution. Hefe 40 00:02:08,080 --> 00:02:09,959 Speaker 1: that'll be the model I think for folks, and we've 41 00:02:09,960 --> 00:02:13,239 Speaker 1: got the Cubs are doing their Marquee Sports network. Let's 42 00:02:13,240 --> 00:02:16,880 Speaker 1: see how they get distribution and at what price? Um? Yeah, 43 00:02:16,960 --> 00:02:19,119 Speaker 1: I mean they got a lot of inventory. We know that. Yeah. 44 00:02:19,120 --> 00:02:22,040 Speaker 1: And baseball, you know, for so long was driven by 45 00:02:22,240 --> 00:02:24,520 Speaker 1: gate receipts a hundred and sixty two games, eighty one 46 00:02:24,560 --> 00:02:28,040 Speaker 1: home games, so much more than every other sport. Um. 47 00:02:28,120 --> 00:02:30,160 Speaker 1: But you know, as all sports are, the kind of 48 00:02:30,160 --> 00:02:33,760 Speaker 1: the calculus and the ratio right now between gate receipts 49 00:02:33,800 --> 00:02:37,440 Speaker 1: and media money is starting to increasingly flip the other way. 50 00:02:37,440 --> 00:02:39,480 Speaker 1: And this is no different, Evan, bar let me ask 51 00:02:39,520 --> 00:02:40,919 Speaker 1: you a question and give me a little guests here, 52 00:02:41,240 --> 00:02:43,919 Speaker 1: if you went to every single baseball owner and said, 53 00:02:43,919 --> 00:02:47,160 Speaker 1: all right, magic potion here you can get rid of 54 00:02:47,160 --> 00:02:50,240 Speaker 1: your facility, and you know, blink of an eye a 55 00:02:50,360 --> 00:02:54,560 Speaker 1: new one appears, how many folks would say, give me 56 00:02:54,600 --> 00:02:59,880 Speaker 1: your smaller venue, fewer seats, but better premium options. All 57 00:02:59,880 --> 00:03:02,519 Speaker 1: of them? Yes, everyone, Evan, I mean I think a 58 00:03:02,520 --> 00:03:03,560 Speaker 1: lot of them. I mean a lot of them have 59 00:03:03,600 --> 00:03:05,200 Speaker 1: already built. You know a lot of them have built 60 00:03:05,200 --> 00:03:07,880 Speaker 1: this already, right, Sha Stadium got smaller, I believe in 61 00:03:08,200 --> 00:03:10,960 Speaker 1: with new city field. Um. But yes, I think you're 62 00:03:10,960 --> 00:03:13,040 Speaker 1: exactly right. I think that the trend we're going to see, 63 00:03:13,080 --> 00:03:14,679 Speaker 1: and not just baseball, I think we're gonna see it 64 00:03:14,720 --> 00:03:17,119 Speaker 1: all over. It's just that, you know, you can make 65 00:03:17,160 --> 00:03:20,200 Speaker 1: more money, probably less empty seats if you shrink the 66 00:03:20,280 --> 00:03:24,280 Speaker 1: venue charge more for the really really premium stuff. That 67 00:03:24,280 --> 00:03:25,919 Speaker 1: that seems to be the way things are. Tight shots 68 00:03:25,919 --> 00:03:27,880 Speaker 1: of an NFL game and fifteen thousand people in a 69 00:03:27,919 --> 00:03:32,120 Speaker 1: lower bowl. Yeah, anyhow, that's moving along. I'm shocked about 70 00:03:32,120 --> 00:03:37,000 Speaker 1: this one. Uh. The Major League Baseball umpires have they 71 00:03:37,040 --> 00:03:42,440 Speaker 1: have made an agreement to accept somewhat the electric strike zone. 72 00:03:43,320 --> 00:03:47,240 Speaker 1: But I thought for years that this would never happen. 73 00:03:47,480 --> 00:03:49,280 Speaker 1: I don't think you can stop tech at this point. 74 00:03:49,320 --> 00:03:51,280 Speaker 1: And they had a new five year deal between the 75 00:03:51,320 --> 00:03:54,000 Speaker 1: Umpires Association and MLB. But I don't think you can 76 00:03:54,040 --> 00:03:56,160 Speaker 1: stop technology at this point. You've got your V A 77 00:03:56,360 --> 00:03:59,280 Speaker 1: R and soccer, You've got your replays. They're just getting 78 00:03:59,320 --> 00:04:02,720 Speaker 1: beat over the head with these calls. You're better embrace 79 00:04:02,760 --> 00:04:04,680 Speaker 1: it and figure out how you can utilize it in 80 00:04:04,720 --> 00:04:07,800 Speaker 1: your game. I think kudos to baseball for for recognizing 81 00:04:07,840 --> 00:04:10,040 Speaker 1: that there was you know, as there's more scrutiny on 82 00:04:10,080 --> 00:04:11,720 Speaker 1: the game as more people are betting on the game. 83 00:04:12,000 --> 00:04:14,160 Speaker 1: There's a part of that game that is, you know, 84 00:04:14,280 --> 00:04:16,799 Speaker 1: essentially an eye test that is supremely difficult and people 85 00:04:16,800 --> 00:04:19,520 Speaker 1: get things wrong and they're looking at technology to fix it. 86 00:04:19,640 --> 00:04:22,359 Speaker 1: I think the onus now shifts to the NFL. What 87 00:04:22,400 --> 00:04:25,279 Speaker 1: are we doing with ball placement? You know, third and down, four, 88 00:04:25,440 --> 00:04:31,279 Speaker 1: fourth and inches? Who runs across the field ostensibly in 89 00:04:31,320 --> 00:04:33,279 Speaker 1: a straight line to put the ball down next to 90 00:04:33,320 --> 00:04:36,960 Speaker 1: his foot and suddenly it's it's it's a centimeter do 91 00:04:36,960 --> 00:04:38,800 Speaker 1: it to the inch of where with where it needs 92 00:04:38,800 --> 00:04:40,840 Speaker 1: to go? By the way, they still haven't even gotten 93 00:04:40,920 --> 00:04:43,159 Speaker 1: coin toss, right, So yeah, I think it seems very 94 00:04:43,520 --> 00:04:45,560 Speaker 1: I think kudos to baseball, and I think I think 95 00:04:45,560 --> 00:04:47,159 Speaker 1: we're gonna start to hear more and more of a 96 00:04:47,200 --> 00:04:50,039 Speaker 1: drum beat, especially as other sports embrace this technology for 97 00:04:50,080 --> 00:04:52,719 Speaker 1: the NFL to do better in this regard and uh, 98 00:04:53,080 --> 00:04:56,880 Speaker 1: finally SEC in a big TV package with ABC, ESPN. 99 00:04:57,120 --> 00:04:59,800 Speaker 1: The closest thing M and I would say to professional 100 00:05:00,120 --> 00:05:01,920 Speaker 1: ball on the college level, and we know there are 101 00:05:02,000 --> 00:05:05,440 Speaker 1: the power all Power five, but the power ist the 102 00:05:05,480 --> 00:05:09,360 Speaker 1: most power of the power power is the SEC and 103 00:05:09,680 --> 00:05:12,520 Speaker 1: they're getting about fifty five million dollars a year now 104 00:05:12,560 --> 00:05:16,840 Speaker 1: from CBS. What a deal the CBS, Yeah, that might 105 00:05:16,880 --> 00:05:18,839 Speaker 1: be the best package in all the sports from the 106 00:05:18,920 --> 00:05:22,200 Speaker 1: broadcaster standpoint. Half what ESPN pays for a single mon 107 00:05:22,240 --> 00:05:24,880 Speaker 1: in night game. Yes, the entire year. Guess what, They're 108 00:05:24,920 --> 00:05:26,680 Speaker 1: really good. They have four more years left on that deal. 109 00:05:26,839 --> 00:05:29,400 Speaker 1: But it looks as if, and our friend Jon ran 110 00:05:29,480 --> 00:05:32,279 Speaker 1: Over in Sports Business Journal had this story, it looks 111 00:05:32,320 --> 00:05:34,680 Speaker 1: as if the SEC is going to be moving to 112 00:05:34,960 --> 00:05:39,200 Speaker 1: ABC ESPN, So a lot of distribution. You've got your 113 00:05:39,360 --> 00:05:41,200 Speaker 1: ESPN plus a lot of things you could do their 114 00:05:41,240 --> 00:05:44,679 Speaker 1: more live windows. But it's just interesting to me that CBS, 115 00:05:44,720 --> 00:05:47,080 Speaker 1: which did choose to open the piggy bank for UEFA 116 00:05:47,640 --> 00:05:49,480 Speaker 1: for the p g A, and we all know still 117 00:05:49,520 --> 00:05:51,840 Speaker 1: coming up the pike is the NFL. How would you 118 00:05:51,880 --> 00:05:54,919 Speaker 1: like to be the NFL right now going into talks 119 00:05:55,400 --> 00:05:58,599 Speaker 1: with Sean McManus or everybody else at CBS saying you 120 00:05:58,880 --> 00:06:03,240 Speaker 1: have got to have this, can't you have to have it? 121 00:06:03,480 --> 00:06:06,000 Speaker 1: That is a terrible position for CBS two be and 122 00:06:06,200 --> 00:06:08,440 Speaker 1: I agree. I think the NFL looks at this, especially 123 00:06:08,440 --> 00:06:11,360 Speaker 1: from a CBS their negotiations with CPS and says, you'll 124 00:06:11,360 --> 00:06:17,520 Speaker 1: make yeah, and don't forget from the from the SEC side. 125 00:06:17,960 --> 00:06:20,880 Speaker 1: ESPNS a partner and SEC network, right, So potentially if 126 00:06:20,920 --> 00:06:22,839 Speaker 1: they do and we're expecting them to, but if they 127 00:06:22,839 --> 00:06:25,480 Speaker 1: do sign over to ESPN ABC, you know that gives 128 00:06:25,520 --> 00:06:28,840 Speaker 1: them more synergies with their with their cable network as well. Now, 129 00:06:28,920 --> 00:06:32,440 Speaker 1: let's get to this week's interview with John Curry, athletic 130 00:06:32,480 --> 00:06:35,480 Speaker 1: director at wake Forest. John, Happy holidays and thanks for 131 00:06:35,560 --> 00:06:38,200 Speaker 1: joining us. Thanks Evan, I'm glad to be with y'all. 132 00:06:38,360 --> 00:06:41,040 Speaker 1: So you guys are playing your bowl game, Pinstripe Bowl 133 00:06:41,080 --> 00:06:45,640 Speaker 1: here in New York City. How do Wake Forest coaches, players, administrators? 134 00:06:45,800 --> 00:06:47,520 Speaker 1: How do you celebrate the holidays when you're on the 135 00:06:47,560 --> 00:06:49,719 Speaker 1: road for a football game the entire week? Well, for 136 00:06:49,760 --> 00:06:52,279 Speaker 1: a college football program, there's nothing better than being on 137 00:06:52,320 --> 00:06:55,440 Speaker 1: the road during the holidays. That's mean, that means you've 138 00:06:55,480 --> 00:06:59,360 Speaker 1: accomplished something. You've you've you've won a certain number of games, 139 00:06:59,480 --> 00:07:03,200 Speaker 1: you've um played your way into a reward situation in 140 00:07:03,279 --> 00:07:06,520 Speaker 1: terms of the ball game. Uh, and so college football families, 141 00:07:06,560 --> 00:07:09,440 Speaker 1: coaches and their families, um, they're they're used to being 142 00:07:09,520 --> 00:07:10,960 Speaker 1: on the road and they want to be on the 143 00:07:11,000 --> 00:07:14,360 Speaker 1: road at this particular moment in time. It also gives 144 00:07:14,440 --> 00:07:16,960 Speaker 1: as a person whose um family is growing up in 145 00:07:16,960 --> 00:07:19,320 Speaker 1: college athletics, you know, your kids kind of get into 146 00:07:19,360 --> 00:07:22,160 Speaker 1: a pattern of of Christmas is a little bit different. 147 00:07:22,160 --> 00:07:24,800 Speaker 1: You know, you might be in a hotel somewhere. Um, 148 00:07:24,840 --> 00:07:26,840 Speaker 1: you know Santa Claus. You gotta figure out that out 149 00:07:26,960 --> 00:07:29,920 Speaker 1: for for depending on what age your kids are, Um, 150 00:07:30,240 --> 00:07:32,239 Speaker 1: whether Santa Claus is coming to the house and leaving 151 00:07:32,240 --> 00:07:34,520 Speaker 1: stuff or whether Santa Claus is gonna follow the plane 152 00:07:34,560 --> 00:07:38,200 Speaker 1: to wherever you are. Um. But it's a it's it's 153 00:07:38,200 --> 00:07:40,440 Speaker 1: a really neat time. UM. You know a lot of 154 00:07:40,440 --> 00:07:44,480 Speaker 1: great relationships are formed as as kids, um, kids of 155 00:07:44,560 --> 00:07:47,480 Speaker 1: coaching staff or kids of administrators. You don't get to 156 00:07:47,480 --> 00:07:51,120 Speaker 1: know each other at at functions and it and at fields. UM. 157 00:07:51,280 --> 00:07:55,880 Speaker 1: So it's different than a traditional holiday season. But if 158 00:07:55,880 --> 00:07:58,080 Speaker 1: you're in this enterprise, it's where you want to be. 159 00:07:58,120 --> 00:08:00,640 Speaker 1: If you're going to go to Yankee Stadium the first time, 160 00:08:00,680 --> 00:08:02,560 Speaker 1: you should do it on the subway, and you should 161 00:08:02,600 --> 00:08:05,679 Speaker 1: do it on the four train which comes out doors 162 00:08:05,720 --> 00:08:07,880 Speaker 1: and up and then you approached the stadium. Do you 163 00:08:07,920 --> 00:08:10,240 Speaker 1: think about things like that or is it just whatever 164 00:08:10,280 --> 00:08:11,680 Speaker 1: we just need to get there. If we take a bus, 165 00:08:11,680 --> 00:08:14,480 Speaker 1: we take a bus. Absolutely. In fact, I went to 166 00:08:14,520 --> 00:08:16,160 Speaker 1: the pin Stripe Bowl to do wear a pin stripe 167 00:08:16,160 --> 00:08:18,200 Speaker 1: bowl in two thou ten when I was athletic director 168 00:08:18,200 --> 00:08:20,680 Speaker 1: of Kansas State for the first stripe Bowl. Was that 169 00:08:20,720 --> 00:08:23,360 Speaker 1: the one that was negative degrees? Was it really cold? 170 00:08:23,560 --> 00:08:25,800 Speaker 1: Hold on game day? That The thing that happened in 171 00:08:25,800 --> 00:08:30,200 Speaker 1: two thousand ten was the huge storm on Christmas Day 172 00:08:30,280 --> 00:08:34,320 Speaker 1: as we were flying in um the field was for 173 00:08:34,440 --> 00:08:36,840 Speaker 1: it was warmer accident on the game day, but but 174 00:08:37,200 --> 00:08:39,640 Speaker 1: we had we did have that colossal snowstorm that we 175 00:08:39,679 --> 00:08:41,560 Speaker 1: dealt with all week. I remember one of those early 176 00:08:42,000 --> 00:08:44,199 Speaker 1: pin stripe boles. I was in the press box and 177 00:08:44,240 --> 00:08:46,920 Speaker 1: there's no Yankee Stadium is open air press box and 178 00:08:46,960 --> 00:08:49,600 Speaker 1: I couldn't I couldn't feel my fingers. I couldn't type 179 00:08:49,600 --> 00:08:52,040 Speaker 1: on my keyboard because of how cold it was. But 180 00:08:52,160 --> 00:08:54,360 Speaker 1: my family did take the subway. We took we actually 181 00:08:54,600 --> 00:08:56,600 Speaker 1: the D train because we were in on you know 182 00:08:56,640 --> 00:08:58,760 Speaker 1: more towards Times Square. We took the D train up. 183 00:08:59,120 --> 00:09:02,079 Speaker 1: Oh you took a asked the D train is underground 184 00:09:02,160 --> 00:09:04,000 Speaker 1: the entire way and then you come up and you're there. 185 00:09:04,000 --> 00:09:08,480 Speaker 1: But the four train the stop before comes outside, so 186 00:09:08,520 --> 00:09:11,079 Speaker 1: you sort of see Yankee Stadium as you're approaching. It's 187 00:09:11,080 --> 00:09:13,680 Speaker 1: worth the ten minute walk cross town and go for 188 00:09:13,720 --> 00:09:16,640 Speaker 1: the fortrain, go for the fortune. As we've worked with 189 00:09:16,679 --> 00:09:20,599 Speaker 1: our group, are our travel party, we have advised that 190 00:09:20,800 --> 00:09:22,440 Speaker 1: we do have a couple of buses because some of 191 00:09:22,480 --> 00:09:26,120 Speaker 1: our people will actually our coaches and their families actually 192 00:09:26,280 --> 00:09:29,240 Speaker 1: leave from Yankee Stadium after the game. It goes straight 193 00:09:29,240 --> 00:09:31,600 Speaker 1: to the airport and fly home. So we do have 194 00:09:32,559 --> 00:09:34,959 Speaker 1: some of our group bus up to the game from 195 00:09:34,960 --> 00:09:39,040 Speaker 1: from midtown. But we've we've advised that the most efficient 196 00:09:39,080 --> 00:09:41,240 Speaker 1: way for those who don't fit on the bus is 197 00:09:41,280 --> 00:09:43,400 Speaker 1: to take the subway. Nice, can you give me an idea? 198 00:09:43,440 --> 00:09:45,160 Speaker 1: What does it cost for you to send that contingent 199 00:09:45,200 --> 00:09:46,839 Speaker 1: to New York and stay here? What's the whole thing? 200 00:09:46,920 --> 00:09:51,080 Speaker 1: What's the bill? Um? It's substantial, and so part of 201 00:09:51,120 --> 00:09:54,920 Speaker 1: the um part of the myth of Bowls is that 202 00:09:55,040 --> 00:09:57,440 Speaker 1: you know, programs make a lot of money on the Bowls, 203 00:09:57,520 --> 00:10:00,960 Speaker 1: and certainly are bull partners like the New York Yankees 204 00:10:01,000 --> 00:10:05,679 Speaker 1: are great um patrons of college athletics and providing these experiences. 205 00:10:05,720 --> 00:10:07,440 Speaker 1: But you know, if you think about it, our our 206 00:10:07,520 --> 00:10:10,880 Speaker 1: team flights are UM. I think that bill is like 207 00:10:10,920 --> 00:10:15,760 Speaker 1: two for the flights alone. UM. And then when you're 208 00:10:15,760 --> 00:10:19,920 Speaker 1: talking about UH team meals for a football team, UM, 209 00:10:20,240 --> 00:10:26,280 Speaker 1: you can be talking about UH dollars dollars per meal. UM. 210 00:10:26,320 --> 00:10:30,160 Speaker 1: All of our players get six complimentary tickets. UM. And 211 00:10:30,200 --> 00:10:33,160 Speaker 1: so if those average ticket prices depending on other eighty 212 00:10:33,200 --> 00:10:35,320 Speaker 1: dollar tickets or hundred dollar tickets, that's you know, you 213 00:10:35,360 --> 00:10:37,640 Speaker 1: do the mass. So it it adds up into a 214 00:10:38,120 --> 00:10:41,240 Speaker 1: into a fairly high high number. And what is the 215 00:10:41,520 --> 00:10:43,640 Speaker 1: revenue that you guys make is just the payout from 216 00:10:43,640 --> 00:10:47,040 Speaker 1: the bowl. Is that right? So so the way the 217 00:10:47,120 --> 00:10:51,800 Speaker 1: bowls work UM for a conference like the Atlantic Coast conferences, 218 00:10:51,840 --> 00:10:55,880 Speaker 1: the bowls all pay UH their guarantee to the conference 219 00:10:56,360 --> 00:11:00,720 Speaker 1: and then there is a expense allotment for the conference 220 00:11:00,960 --> 00:11:03,800 Speaker 1: to each school UM for the bowl game that they're 221 00:11:03,840 --> 00:11:07,880 Speaker 1: participating in. So it's a bit more expensive to come 222 00:11:07,920 --> 00:11:10,560 Speaker 1: to New York than it is to go to stay Birmingham, Alabama, 223 00:11:11,480 --> 00:11:15,199 Speaker 1: which is where the Deacons went last year. So the 224 00:11:15,280 --> 00:11:19,000 Speaker 1: expense allowance for the game from the conference would be higher. 225 00:11:19,280 --> 00:11:22,360 Speaker 1: You know, it's a seven figure number, and so that 226 00:11:22,520 --> 00:11:26,720 Speaker 1: expense we we worked very hard to be within that 227 00:11:26,800 --> 00:11:29,720 Speaker 1: expense number. When we go to a bowl game, I 228 00:11:29,760 --> 00:11:32,559 Speaker 1: always wonder if it's better to go to a bowl 229 00:11:32,600 --> 00:11:36,560 Speaker 1: game in New York City you're in the city and 230 00:11:36,600 --> 00:11:40,320 Speaker 1: in the United States of America compared to uh, you know, 231 00:11:40,720 --> 00:11:44,240 Speaker 1: bug Tustle, Tennessee or something whatever, where you don't have 232 00:11:44,320 --> 00:11:47,920 Speaker 1: to worry about the city being mesmerizing and you're there 233 00:11:47,920 --> 00:11:52,120 Speaker 1: to play football. Well, we we should remember that a 234 00:11:52,200 --> 00:11:56,200 Speaker 1: bowl is a reward um for a great season, and 235 00:11:56,280 --> 00:11:58,440 Speaker 1: a lot goes into a great season. And one of 236 00:11:58,440 --> 00:12:01,480 Speaker 1: the reasons we take our families of our coaching staffs 237 00:12:01,600 --> 00:12:05,520 Speaker 1: is those those UH coaches spouses and their kids or whatever. 238 00:12:05,600 --> 00:12:08,320 Speaker 1: They're the ones that have have not been able to 239 00:12:08,320 --> 00:12:11,600 Speaker 1: see their fathers or husbands very often UM during the 240 00:12:11,640 --> 00:12:14,800 Speaker 1: previous season because they've been working all day Sunday breaking 241 00:12:14,800 --> 00:12:17,839 Speaker 1: down film getting ready for the next game. Or during 242 00:12:17,880 --> 00:12:20,320 Speaker 1: the month of May, the assistant coaches were all on 243 00:12:20,360 --> 00:12:23,640 Speaker 1: the road for twenty five days straight recruiting, and so 244 00:12:24,040 --> 00:12:26,679 Speaker 1: part of the bull gaming experiences a celebration, and we 245 00:12:26,720 --> 00:12:29,960 Speaker 1: want our coaches and their families and most importantly are 246 00:12:29,960 --> 00:12:33,000 Speaker 1: student athletes to feel like, um it's bigger than just 247 00:12:33,160 --> 00:12:37,160 Speaker 1: a football game. However, winning the football game is very important, 248 00:12:37,160 --> 00:12:40,400 Speaker 1: so we are balancing UM, you know, having some fun 249 00:12:40,559 --> 00:12:42,920 Speaker 1: and seeing some sites. And Coach Classon is a big 250 00:12:42,920 --> 00:12:47,400 Speaker 1: believer UM in in our players having a really unique experience. 251 00:12:47,440 --> 00:12:49,440 Speaker 1: And one of the reasons we were so excited about 252 00:12:49,720 --> 00:12:51,600 Speaker 1: the opportunity to come to the pens Right Bowl is 253 00:12:51,600 --> 00:12:53,880 Speaker 1: it's an experience, like we've talked about previously, that most 254 00:12:53,880 --> 00:12:55,840 Speaker 1: of our student athletes, many of our student athletes have 255 00:12:55,920 --> 00:12:58,480 Speaker 1: never had. And John, I get the sense, and correct 256 00:12:58,480 --> 00:13:01,120 Speaker 1: me if I'm wrong, but you get a sense that 257 00:13:01,280 --> 00:13:04,840 Speaker 1: with the championship the way it is, that the other 258 00:13:04,960 --> 00:13:10,240 Speaker 1: Bulls perhaps have lost some luster. Am I wrong? Well, 259 00:13:10,520 --> 00:13:14,000 Speaker 1: the ratings of the other bowls on television does not 260 00:13:14,080 --> 00:13:18,080 Speaker 1: tell that story. The ratings for the bull games are 261 00:13:18,160 --> 00:13:22,480 Speaker 1: are very high comparatively. It is probably you know, certainly 262 00:13:22,520 --> 00:13:25,080 Speaker 1: the attention paid to the New Years six in the 263 00:13:25,559 --> 00:13:30,120 Speaker 1: college football playoff semifinals UM does take away some of 264 00:13:30,120 --> 00:13:33,600 Speaker 1: the attention on these games. But they're still very popular 265 00:13:33,800 --> 00:13:36,840 Speaker 1: for the student athletes who participate. UM. They are a 266 00:13:36,920 --> 00:13:41,440 Speaker 1: very significant goal. UM institutions want to be part of it. 267 00:13:41,640 --> 00:13:45,080 Speaker 1: And uh, Um, I think there's still very important. And 268 00:13:45,160 --> 00:13:49,000 Speaker 1: when we talk about student athlete experience to UH, you know, 269 00:13:49,040 --> 00:13:52,480 Speaker 1: be with your teammates and celebrate university and compete um 270 00:13:52,559 --> 00:13:54,679 Speaker 1: there You're still very special and a very important part 271 00:13:54,679 --> 00:13:57,760 Speaker 1: of the higher education experience and another part of bowl games, 272 00:13:57,760 --> 00:14:00,520 Speaker 1: you know, raising money, talking to alumni. There's a whole 273 00:14:00,559 --> 00:14:02,680 Speaker 1: part of this this week for you that is not 274 00:14:02,720 --> 00:14:05,520 Speaker 1: even football related at all. I understand. I think about 275 00:14:06,160 --> 00:14:08,720 Speaker 1: Weak Force alumni live in the Tri state area. How 276 00:14:08,760 --> 00:14:11,520 Speaker 1: important is these five days in New York City for 277 00:14:11,600 --> 00:14:14,560 Speaker 1: you and for the university as a whole in terms 278 00:14:14,600 --> 00:14:16,720 Speaker 1: of raising money outside of just football. That's some good 279 00:14:16,720 --> 00:14:18,600 Speaker 1: out of state tuition, by the way, good for you, 280 00:14:20,480 --> 00:14:23,880 Speaker 1: I would say, probably includes New England, not just a 281 00:14:23,880 --> 00:14:27,560 Speaker 1: Tri state but but it is a significant as it 282 00:14:27,640 --> 00:14:30,080 Speaker 1: is for many universities, but certainly for our university, a 283 00:14:30,160 --> 00:14:34,600 Speaker 1: significant market, if you will, and in a destination for 284 00:14:35,240 --> 00:14:40,480 Speaker 1: graduating students, etcetera. About of our students are are from 285 00:14:40,520 --> 00:14:43,120 Speaker 1: the Tri state area, UH in a little bit further 286 00:14:43,200 --> 00:14:47,240 Speaker 1: out into New England. So we actually have more student 287 00:14:47,280 --> 00:14:50,240 Speaker 1: tickets have been purchased for this football game in New 288 00:14:50,320 --> 00:14:53,680 Speaker 1: York City than we're purchased through the athletic department for 289 00:14:53,760 --> 00:14:56,920 Speaker 1: the Belk Bowl in Charlotte UM, which is you know, 290 00:14:57,000 --> 00:14:59,600 Speaker 1: just an now or twenty minutes away from here, back 291 00:14:59,640 --> 00:15:03,320 Speaker 1: into thousand uh sixteen. So it's it's a very significant 292 00:15:03,840 --> 00:15:09,040 Speaker 1: UM experience for us UM. The the exposure is dramatic, uh, 293 00:15:09,120 --> 00:15:11,960 Speaker 1: the exposer for the university and almost four million people 294 00:15:12,000 --> 00:15:14,640 Speaker 1: watched the Pens Tribe Bowl each of the last two years. 295 00:15:14,640 --> 00:15:17,800 Speaker 1: So having the wake Forest brand as one of I 296 00:15:17,800 --> 00:15:20,960 Speaker 1: think we're the twenty seventh rated academic institution in the 297 00:15:20,960 --> 00:15:24,120 Speaker 1: country and the most recent US News World Report. I mean, 298 00:15:24,160 --> 00:15:26,320 Speaker 1: having that brand on that kind of stage in front 299 00:15:26,320 --> 00:15:29,200 Speaker 1: of that many people is a big deal. Is there 300 00:15:29,240 --> 00:15:32,720 Speaker 1: a correlation john between success in the athletic arena and 301 00:15:32,720 --> 00:15:37,760 Speaker 1: particularly football and basketball and applications? Have you seen that? Well, 302 00:15:37,760 --> 00:15:41,160 Speaker 1: that has happened, Um, It's been documented at wake Forest 303 00:15:41,240 --> 00:15:43,800 Speaker 1: in history when we went to the Orange Bowl in 304 00:15:43,840 --> 00:15:47,000 Speaker 1: two thousand six and when the SEC Championship. UM. There 305 00:15:47,080 --> 00:15:49,480 Speaker 1: was a moment of time in nineteen four when we 306 00:15:49,520 --> 00:15:53,280 Speaker 1: had a huge spike of applications after a trip to 307 00:15:53,400 --> 00:15:58,080 Speaker 1: the Elite eight UM in men's basketball. UM, those those 308 00:15:58,120 --> 00:16:03,120 Speaker 1: correlations certainly, UH can happen because of the exposure of 309 00:16:03,160 --> 00:16:06,280 Speaker 1: a bowl game or an NT double a basketball tournament run. 310 00:16:06,480 --> 00:16:08,600 Speaker 1: So given all that, it sounds like New York is 311 00:16:08,640 --> 00:16:10,320 Speaker 1: a great a great place for you guys to have 312 00:16:10,360 --> 00:16:11,920 Speaker 1: a bowl game. Right. A lot of your students come 313 00:16:11,960 --> 00:16:13,920 Speaker 1: from there, a lot of your alumni live there. It's 314 00:16:13,920 --> 00:16:17,760 Speaker 1: got a great TV audience breakdown. How you guys end 315 00:16:17,840 --> 00:16:20,160 Speaker 1: up there, Right, it's not just a function of where 316 00:16:20,200 --> 00:16:22,240 Speaker 1: you finish in the a c C versus where the 317 00:16:22,240 --> 00:16:24,440 Speaker 1: big ten finisher is. It seems like there's a lot 318 00:16:24,600 --> 00:16:26,800 Speaker 1: riding on your invitation and if it ends up and 319 00:16:26,880 --> 00:16:28,760 Speaker 1: the Belk Bowl, that that's maybe not as good for 320 00:16:28,760 --> 00:16:30,720 Speaker 1: you than it is if you get that invitation from 321 00:16:30,720 --> 00:16:35,120 Speaker 1: the Pinstripe Bowl. Well, the SEC has excellent bowl times 322 00:16:35,160 --> 00:16:38,360 Speaker 1: and our Commissioner John Schlawford and our Associate Commissioner Michael 323 00:16:38,360 --> 00:16:40,880 Speaker 1: Strickmand have done a wonderful job working with Boll Partners, 324 00:16:41,360 --> 00:16:43,280 Speaker 1: um and, and the a CEC has actually had the 325 00:16:43,320 --> 00:16:46,160 Speaker 1: most Bowl teams of any conference over the last several 326 00:16:46,200 --> 00:16:51,000 Speaker 1: years again this year. Um So, the way our model 327 00:16:51,040 --> 00:16:54,080 Speaker 1: works is our champion goes to the Orange Bowler. In 328 00:16:54,080 --> 00:16:57,560 Speaker 1: this case, Comson's our champion and they're playing in the semifinals. Uh, 329 00:16:57,560 --> 00:17:00,480 Speaker 1: then then the Orange Bowl takes our next team UH, 330 00:17:00,480 --> 00:17:03,080 Speaker 1: and that's Virginia this year. UH. And then from there 331 00:17:03,120 --> 00:17:06,480 Speaker 1: it's somewhat of a selection process UM with a number 332 00:17:06,520 --> 00:17:10,720 Speaker 1: of different factors. UM. The Camping World Bowl in Orlando 333 00:17:10,880 --> 00:17:13,280 Speaker 1: has the next pick UM. And then there's a number 334 00:17:13,280 --> 00:17:15,440 Speaker 1: of Tier one bowls, including the pin Stripe Bowl, so 335 00:17:15,480 --> 00:17:17,239 Speaker 1: the pin Stripe Bowl or the New Air of pin 336 00:17:17,280 --> 00:17:20,119 Speaker 1: Stripe Bowl, the Bulk Bowl in Charlotte, the Sun Bowl 337 00:17:20,520 --> 00:17:23,640 Speaker 1: in um El Paso, UH, and then the Gator Bowl 338 00:17:23,640 --> 00:17:26,240 Speaker 1: in Jacksonville and the Music City Bowl in Nashville, or 339 00:17:26,240 --> 00:17:29,680 Speaker 1: the Tier one bowls UM for the Atlantic Coast Conference. 340 00:17:29,720 --> 00:17:33,000 Speaker 1: And so rather than people being salotted to a specific 341 00:17:33,040 --> 00:17:36,760 Speaker 1: bowl based upon their finish, which can sometimes result in 342 00:17:37,320 --> 00:17:40,160 Speaker 1: the same team going back to the same bowl multiple times, 343 00:17:40,320 --> 00:17:44,399 Speaker 1: or maybe a team that's further away to a bowl 344 00:17:44,920 --> 00:17:46,560 Speaker 1: is going to the bowl that is too far away 345 00:17:46,920 --> 00:17:48,680 Speaker 1: and there could have been a team that was closer 346 00:17:48,760 --> 00:17:52,520 Speaker 1: go to that bowl. UM. The tier system within pin 347 00:17:52,600 --> 00:17:55,720 Speaker 1: Stripe being a Tier one bowl for us enable some 348 00:17:55,880 --> 00:17:58,600 Speaker 1: logic to come into the mix. So UH in this 349 00:17:58,680 --> 00:18:02,960 Speaker 1: particular case, UM, we have really strong relationships with Mark 350 00:18:03,000 --> 00:18:06,240 Speaker 1: Holtzman and Randy Levine UH and Johnny Moseley UM. In 351 00:18:06,280 --> 00:18:09,000 Speaker 1: the Yankees organization, I would say the Wake Forest got 352 00:18:09,040 --> 00:18:11,800 Speaker 1: their first choice. And I believe Mark and Randy and 353 00:18:11,800 --> 00:18:14,240 Speaker 1: the Yankees would tell you that they got their first 354 00:18:14,320 --> 00:18:16,000 Speaker 1: choice in the a SEC as well. All Right, John, 355 00:18:16,000 --> 00:18:18,080 Speaker 1: I'm gonna say three bad words I think from the 356 00:18:18,119 --> 00:18:24,800 Speaker 1: athletic departments of colleges. The three bad words these days, name, image, likeness. 357 00:18:24,840 --> 00:18:28,000 Speaker 1: How much of that are you hearing these days? Well, 358 00:18:28,040 --> 00:18:30,720 Speaker 1: we talked about it a lot. We also need to 359 00:18:30,920 --> 00:18:34,920 Speaker 1: think about the fact that UM, that the enterprise that 360 00:18:35,119 --> 00:18:39,119 Speaker 1: is athletic scholarships UM is the largest other than the 361 00:18:39,200 --> 00:18:43,359 Speaker 1: g I Bill, is the largest UM financial aid program 362 00:18:43,440 --> 00:18:46,840 Speaker 1: in the history of American higher education. And UM, so 363 00:18:47,000 --> 00:18:50,440 Speaker 1: I'm for continuing to figure out how we can expand 364 00:18:50,520 --> 00:18:54,719 Speaker 1: the value of the college scholarship and UM better enable 365 00:18:55,080 --> 00:18:57,760 Speaker 1: student athletes who have name, image, and likeness value to 366 00:18:57,840 --> 00:19:02,040 Speaker 1: take advantage of that. UM. Let's do remember that uh, 367 00:19:02,080 --> 00:19:05,240 Speaker 1: you know, eighty five scholarships uh in football at Wake 368 00:19:05,280 --> 00:19:08,160 Speaker 1: Forest coming up to New York. UM. Those scholarships cost 369 00:19:08,160 --> 00:19:11,480 Speaker 1: seventy five dollars a piece per year. UM. That's pretty 370 00:19:11,480 --> 00:19:15,280 Speaker 1: good value for for for student athletes, especially for for 371 00:19:15,320 --> 00:19:18,680 Speaker 1: those out there who paying student loans at etcetera. So, um, 372 00:19:18,760 --> 00:19:21,840 Speaker 1: the pleasant model is very important to be sustained, and 373 00:19:22,320 --> 00:19:24,280 Speaker 1: as we've done over the last ten years, we've got 374 00:19:24,280 --> 00:19:28,440 Speaker 1: to continue to enhance it. Have things gotten I would say, 375 00:19:28,440 --> 00:19:30,440 Speaker 1: would say out of control, although we can just say 376 00:19:30,480 --> 00:19:32,480 Speaker 1: how about gone awry in that? I mean even Mark 377 00:19:32,520 --> 00:19:36,040 Speaker 1: Emmert said last week that we don't need these gold 378 00:19:36,160 --> 00:19:39,479 Speaker 1: leaden locker rooms. If you look at coaches salaries strength, 379 00:19:39,520 --> 00:19:41,480 Speaker 1: coaches making million dollars a year, I mean, the money 380 00:19:41,480 --> 00:19:46,240 Speaker 1: has to go somewhere. Has the enterprise itself lost some 381 00:19:46,359 --> 00:19:50,600 Speaker 1: of its ability to control itself. There's certainly some examples 382 00:19:50,640 --> 00:19:54,000 Speaker 1: that one can point to leave you scratching your head. 383 00:19:54,200 --> 00:19:56,240 Speaker 1: Point please point, please, you've been around a while, point 384 00:19:56,240 --> 00:20:02,560 Speaker 1: to those examples. Well, the the degree of guaranteed contracts 385 00:20:02,920 --> 00:20:06,600 Speaker 1: um for coaches got got out of control a number 386 00:20:06,640 --> 00:20:10,120 Speaker 1: of years ago and became a market norm um. And 387 00:20:10,200 --> 00:20:14,800 Speaker 1: so when you have million dollars fifty million dollars seventy 388 00:20:14,800 --> 00:20:19,840 Speaker 1: five million dollar institutional liabilities um extended um, that's that's 389 00:20:19,840 --> 00:20:24,199 Speaker 1: a pretty significant um um liability. And I think that 390 00:20:24,320 --> 00:20:28,199 Speaker 1: is an element of where the enterprise has lost credibility 391 00:20:28,200 --> 00:20:30,640 Speaker 1: with the public. Yeah, that's that's it's hard and hard 392 00:20:30,640 --> 00:20:32,919 Speaker 1: to defend those things. I was I was wondering at 393 00:20:32,920 --> 00:20:34,520 Speaker 1: first when I came in, I said, well, this would 394 00:20:34,560 --> 00:20:38,159 Speaker 1: be an easy question, as the A d H football 395 00:20:38,400 --> 00:20:41,439 Speaker 1: is king pretty much at many universities and schools. Then 396 00:20:41,440 --> 00:20:43,760 Speaker 1: I started thinking, it's like, wait a minute, you know, wait, 397 00:20:43,800 --> 00:20:47,359 Speaker 1: Forest they got a pretty good men's basketball team too, 398 00:20:47,560 --> 00:20:50,920 Speaker 1: So I guess I asked the question, where is it king? 399 00:20:51,000 --> 00:20:54,560 Speaker 1: Is it king and college basketball or college football? Well, 400 00:20:55,040 --> 00:20:57,320 Speaker 1: I've had to say women's golf, for men's tennis or 401 00:20:59,359 --> 00:21:02,840 Speaker 1: wow we I mean we we played in the men's 402 00:21:02,840 --> 00:21:05,120 Speaker 1: Soccer Collegiate Cup. We've played in six of them. We've 403 00:21:05,119 --> 00:21:07,159 Speaker 1: been in the Elite eight in the last four out 404 00:21:07,160 --> 00:21:10,440 Speaker 1: the last five years, we were semifinalists. This year. We 405 00:21:10,440 --> 00:21:12,680 Speaker 1: were finished second in the country in women's golf. This 406 00:21:12,760 --> 00:21:14,840 Speaker 1: past year, we finished second in the country. Went at 407 00:21:14,880 --> 00:21:18,280 Speaker 1: men's tennis this past year. UM. At one point this fall, 408 00:21:18,680 --> 00:21:21,720 Speaker 1: UM we've had three teams ranked number one nationally. We're 409 00:21:21,720 --> 00:21:24,560 Speaker 1: really proud of our football program. We have the most 410 00:21:24,600 --> 00:21:26,679 Speaker 1: wins in the Atlantic Coast Conference over the last three 411 00:21:26,800 --> 00:21:29,960 Speaker 1: years by any team other than Clemson. UM. We have 412 00:21:30,200 --> 00:21:34,080 Speaker 1: a winning record against North Carolina, North Carolina State at Duke, 413 00:21:34,160 --> 00:21:37,560 Speaker 1: our Big Four UH compadres in the state of North Carolina. 414 00:21:37,600 --> 00:21:39,480 Speaker 1: We have a winning record this century. We're thirty and 415 00:21:39,480 --> 00:21:41,679 Speaker 1: eighteen against those schools, and we beat all three of 416 00:21:41,720 --> 00:21:43,800 Speaker 1: them UH this year to win what we call the 417 00:21:43,800 --> 00:21:47,600 Speaker 1: Big Four Championship, which is a significant thing. Our basketball 418 00:21:47,600 --> 00:21:49,919 Speaker 1: program has struggled the last couple of years, UM, but 419 00:21:50,080 --> 00:21:53,280 Speaker 1: we do have a wonderful history. Tim Duncan is up 420 00:21:53,320 --> 00:21:57,280 Speaker 1: for the UH Basketball Hall of Fame this year UM 421 00:21:57,600 --> 00:22:00,720 Speaker 1: UH and that that sport for Lake Forest is extremely 422 00:22:00,760 --> 00:22:02,840 Speaker 1: important in our in our history. And finally, Michael Bark, 423 00:22:02,880 --> 00:22:08,280 Speaker 1: Tim Duncan spent four years at he didn't leave after 424 00:22:08,480 --> 00:22:10,760 Speaker 1: one somehow, he seemed to have a pretty good career. 425 00:22:10,880 --> 00:22:12,600 Speaker 1: That's a good was just a good point. Is that 426 00:22:12,680 --> 00:22:16,080 Speaker 1: frustrating when you know, you see a lot of athletes like, well, 427 00:22:16,119 --> 00:22:18,240 Speaker 1: I gotta go see you buy and instead they don't 428 00:22:18,240 --> 00:22:21,879 Speaker 1: play for the whole four years? UM, yeah, I know 429 00:22:22,200 --> 00:22:27,040 Speaker 1: it's not. UM, it's when it's not frustrating, it's frustrating 430 00:22:27,040 --> 00:22:30,720 Speaker 1: when a student or student athlete UM, and both students 431 00:22:30,800 --> 00:22:36,200 Speaker 1: and student athletes make poor decisions. Sometimes UM leave based 432 00:22:36,200 --> 00:22:39,040 Speaker 1: on bad information and go from being you know, on 433 00:22:39,119 --> 00:22:41,400 Speaker 1: a seventi five thousand dollar year of scholarship with all 434 00:22:41,440 --> 00:22:44,320 Speaker 1: expensive paid and medical and food and all that kind 435 00:22:44,320 --> 00:22:47,840 Speaker 1: of stuff, to being cut and not having a basketball 436 00:22:47,920 --> 00:22:51,199 Speaker 1: job somewhere. That that's frustrating when they gave that up 437 00:22:51,240 --> 00:22:54,639 Speaker 1: and could have had that. But generally speaking, you know, 438 00:22:54,680 --> 00:22:56,560 Speaker 1: when a student athlete, we have a number of student 439 00:22:56,560 --> 00:22:59,920 Speaker 1: athletes on our football squad at wake Forest that could 440 00:23:00,359 --> 00:23:02,760 Speaker 1: go out of school earlier this year. Um. You know, 441 00:23:02,800 --> 00:23:04,639 Speaker 1: we certainly would love to have them back. But if 442 00:23:04,680 --> 00:23:07,959 Speaker 1: they make a business decision with their families, um, and 443 00:23:08,000 --> 00:23:10,840 Speaker 1: if the experience under coach cloths and has given them 444 00:23:10,920 --> 00:23:14,040 Speaker 1: the exposure and the training and the coaching and put 445 00:23:14,040 --> 00:23:17,440 Speaker 1: them in a position to be drafted um into the NFL, 446 00:23:17,560 --> 00:23:21,280 Speaker 1: then then that's then we're happy for him. UM. You 447 00:23:21,320 --> 00:23:23,679 Speaker 1: know what we're really proud of it Wake Forest, is 448 00:23:23,680 --> 00:23:26,560 Speaker 1: it every single player that is graduated, I mean, every 449 00:23:26,560 --> 00:23:29,439 Speaker 1: single player finishing their eligibility at wake Forest's fall that's 450 00:23:29,480 --> 00:23:32,560 Speaker 1: playing in this football game have have graduated. We have 451 00:23:32,840 --> 00:23:35,760 Speaker 1: uh about ten players that have already graduated, uh and 452 00:23:35,760 --> 00:23:38,080 Speaker 1: then we have about ten that will graduate and we'll 453 00:23:38,080 --> 00:23:40,880 Speaker 1: have of this team will graduate. John I do want 454 00:23:40,880 --> 00:23:43,919 Speaker 1: to ask you about your stop before Wake Forest. You 455 00:23:43,960 --> 00:23:46,320 Speaker 1: were the a D at Tennessee a couple of years ago, 456 00:23:46,440 --> 00:23:49,720 Speaker 1: and for folks who don't remember, UM some controversy there. 457 00:23:49,840 --> 00:23:53,119 Speaker 1: You did a college a football coaching search. UM seems 458 00:23:53,119 --> 00:23:56,240 Speaker 1: set to hire Greg Ciano. The fan base there very 459 00:23:56,280 --> 00:23:58,520 Speaker 1: much didn't like that idea, and it seemed to kind 460 00:23:58,520 --> 00:24:01,320 Speaker 1: of snowball on. So social media and your tenure there 461 00:24:01,359 --> 00:24:03,320 Speaker 1: was about was about eight months long. I'm curious what 462 00:24:03,400 --> 00:24:06,560 Speaker 1: you're kind of takeaway from that experience was. I've talked 463 00:24:06,560 --> 00:24:09,320 Speaker 1: to a lot of administrators who point to that as 464 00:24:09,440 --> 00:24:12,359 Speaker 1: kind of a warning bell about the power of social 465 00:24:12,359 --> 00:24:14,240 Speaker 1: media and the power of message. By the way, we 466 00:24:14,240 --> 00:24:17,440 Speaker 1: should say that Shiano, it wasn't going to get the 467 00:24:17,640 --> 00:24:20,560 Speaker 1: Rutgers job again, but because of the social media and 468 00:24:20,600 --> 00:24:25,440 Speaker 1: the fan pressure, ultimately so went the other way this time. Well, 469 00:24:25,440 --> 00:24:27,480 Speaker 1: this is this is my tenth year as a h 470 00:24:28,560 --> 00:24:32,159 Speaker 1: Power five athletic director, you know, eight years of Kansas State, UM, 471 00:24:32,480 --> 00:24:34,560 Speaker 1: the year or eight months you say at Tennessee, and 472 00:24:34,760 --> 00:24:38,480 Speaker 1: then this year here. I think we've all seen the UM, 473 00:24:38,520 --> 00:24:40,440 Speaker 1: the good and the bad of social media. The good 474 00:24:40,480 --> 00:24:43,000 Speaker 1: in terms of being able to extend some incredible stories 475 00:24:43,040 --> 00:24:46,159 Speaker 1: about student athletes who are doing wonderful things. And then UH, 476 00:24:46,200 --> 00:24:50,800 Speaker 1: and then the bat the the extension of hate and UM, 477 00:24:50,840 --> 00:24:54,800 Speaker 1: you know, misinformation and etcetera. UM, and it's something that 478 00:24:54,840 --> 00:24:59,720 Speaker 1: all of us have to recognize. UM. You know, looking forward, UM, 479 00:24:59,760 --> 00:25:03,080 Speaker 1: you know that that obviously was an unprecedented situation. UM. 480 00:25:03,160 --> 00:25:05,359 Speaker 1: As you've examine some of the coaching hires have been 481 00:25:05,400 --> 00:25:09,000 Speaker 1: made this year, UM, there's a fair number of coaches 482 00:25:09,000 --> 00:25:11,479 Speaker 1: who don't have very much experience UM. And they may 483 00:25:11,520 --> 00:25:16,320 Speaker 1: all turn out to be excellent coaches. UM. But one 484 00:25:16,359 --> 00:25:20,440 Speaker 1: of the factors that that I believe some struggle with 485 00:25:20,840 --> 00:25:25,560 Speaker 1: now is anybody with any level of experience UM has 486 00:25:25,680 --> 00:25:29,480 Speaker 1: lost a game and UM and has had some kind 487 00:25:29,480 --> 00:25:32,800 Speaker 1: of ups and downs. And only coaches who have never 488 00:25:32,840 --> 00:25:36,800 Speaker 1: really coached a game don't have any don't have any losses. 489 00:25:37,040 --> 00:25:40,320 Speaker 1: And so it's easy to latch on to a point 490 00:25:40,320 --> 00:25:43,160 Speaker 1: of negativity about a coach. And if you can't get 491 00:25:43,200 --> 00:25:45,920 Speaker 1: past that, you know, with fans, then then you can 492 00:25:46,000 --> 00:25:49,639 Speaker 1: end up in a really untoward situation. And so having 493 00:25:49,680 --> 00:25:52,840 Speaker 1: the confidence in the ability and the administrative support and 494 00:25:52,920 --> 00:25:58,720 Speaker 1: the aligned administration and kind of healthy infrastructure is key 495 00:25:58,760 --> 00:26:02,160 Speaker 1: to being able to make good decisions and stick with them. 496 00:26:02,240 --> 00:26:04,720 Speaker 1: John Curry, thank you very much, Thank you. I was 497 00:26:04,760 --> 00:26:08,359 Speaker 1: a mazed I would have blown family feud because I 498 00:26:08,440 --> 00:26:12,080 Speaker 1: honestly thought it was either going to be football or basketball. 499 00:26:12,760 --> 00:26:15,640 Speaker 1: That was number one on the board when it came 500 00:26:15,680 --> 00:26:18,880 Speaker 1: to Wake Forest and he said nope, tennis and golf. 501 00:26:19,640 --> 00:26:22,119 Speaker 1: That that that kind of shocked me a bit. Well 502 00:26:22,160 --> 00:26:25,480 Speaker 1: what did not shock me? But my takeaway is, and 503 00:26:25,520 --> 00:26:28,800 Speaker 1: it shouldn't be surprising that a long time, long tenured 504 00:26:28,840 --> 00:26:33,080 Speaker 1: a D still clings to the notion that the scholarship 505 00:26:33,160 --> 00:26:35,840 Speaker 1: is of great, great value and hammers. It's almost like 506 00:26:35,880 --> 00:26:38,119 Speaker 1: the number one talking point that a D s and 507 00:26:38,160 --> 00:26:40,400 Speaker 1: college presidents would have when you're talking about name, image 508 00:26:40,440 --> 00:26:43,959 Speaker 1: and likeness and what changes should be made. However, I 509 00:26:44,000 --> 00:26:49,040 Speaker 1: will give him kudos and props, as they say, for 510 00:26:49,160 --> 00:26:52,680 Speaker 1: the takeoff. Yes, things have gotten out of hand in 511 00:26:52,760 --> 00:26:57,160 Speaker 1: some cases, particularly the guaranteed contract to coaches going out 512 00:26:57,160 --> 00:27:00,000 Speaker 1: all those years and the liabilities to the schools. I mean, 513 00:27:00,160 --> 00:27:04,280 Speaker 1: you're having buyouts of two million dollars of coaching contracts 514 00:27:04,600 --> 00:27:08,359 Speaker 1: and he says, yes, that has gotten out of CONTROLS. 515 00:27:08,600 --> 00:27:12,600 Speaker 1: Don't feels better to be number one than number five. 516 00:27:12,640 --> 00:27:14,240 Speaker 1: I'll wear a number because of Mike. We have a 517 00:27:14,320 --> 00:27:16,159 Speaker 1: chance to go for three in a row. Good numbers 518 00:27:16,160 --> 00:27:18,280 Speaker 1: at a good time. When I first started wearing the number, 519 00:27:18,400 --> 00:27:21,920 Speaker 1: I would just have the Bloomberg business of sports. The 520 00:27:22,040 --> 00:27:25,399 Speaker 1: number of the week, number of the week. Don't go, 521 00:27:25,520 --> 00:27:27,840 Speaker 1: don't go e sports like Nobe Williams did last week 522 00:27:27,880 --> 00:27:30,280 Speaker 1: on me. That's what happens when Michael Barr is not 523 00:27:30,400 --> 00:27:33,359 Speaker 1: Yeah this this one, this one is a general number 524 00:27:33,600 --> 00:27:38,760 Speaker 1: trickle before. Before I get in trouble, let me give 525 00:27:38,800 --> 00:27:44,280 Speaker 1: you the number seven, seven hundred and seventy and I'll 526 00:27:44,320 --> 00:27:51,560 Speaker 1: give you a hint. It involves where I vacationed. Seven 527 00:27:51,640 --> 00:27:54,919 Speaker 1: seventy That's how much money you lost at the Choral 528 00:27:55,040 --> 00:28:01,520 Speaker 1: sports book did London and Paris? Yeah? So ten downing 529 00:28:01,760 --> 00:28:06,480 Speaker 1: seven d. I don't know the number of Brexit votes 530 00:28:06,480 --> 00:28:08,200 Speaker 1: that will be taken before we know what's going on. 531 00:28:08,880 --> 00:28:14,520 Speaker 1: I will give you this. It's in London outside give 532 00:28:14,560 --> 00:28:18,800 Speaker 1: me one of the most visited places as a tourist 533 00:28:18,840 --> 00:28:22,919 Speaker 1: to check palace. Thank you, seven hundred seventy five rooms 534 00:28:23,200 --> 00:28:26,280 Speaker 1: in Buckingham Palace, Scott. How do we not get that? 535 00:28:27,359 --> 00:28:33,720 Speaker 1: How do we not get man? Pladies and gentlemen. From 536 00:28:33,800 --> 00:28:39,440 Speaker 1: now on, all the listeners please start texting twittering direct 537 00:28:39,600 --> 00:28:47,400 Speaker 1: messages to Michael Barr suggesting sports. Yeah, really, that fascinated me. 538 00:28:48,000 --> 00:28:53,120 Speaker 1: Seven hundred seventy five rooms. I see man, you guys, 539 00:28:53,720 --> 00:28:59,440 Speaker 1: number of jelly beans in the jar outside the go ahead. 540 00:28:59,680 --> 00:29:03,680 Speaker 1: You can merry Christmas from Michael Barr. Do you know, 541 00:29:03,760 --> 00:29:07,800 Speaker 1: by the way, that they have seventy eight bathrooms? That's 542 00:29:07,840 --> 00:29:09,680 Speaker 1: part of these You just ruined next week's number of 543 00:29:09,680 --> 00:29:16,400 Speaker 1: the week you're listening. I'm sick you're listening to Bloomberg 544 00:29:16,480 --> 00:29:19,640 Speaker 1: Business of Sports. We're here each and every week at 545 00:29:19,680 --> 00:29:22,960 Speaker 1: the same time, plus online wherever you get your podcasts, 546 00:29:22,960 --> 00:29:25,600 Speaker 1: and you can catch those Mondays, Wednesdays and Thursdays. I'm 547 00:29:25,640 --> 00:29:28,720 Speaker 1: Michael Bar on Twitter at Big Bar Sports. I'm Evan Novie, 548 00:29:28,760 --> 00:29:32,000 Speaker 1: Williams at Novie Underscore, Williams Head Up, Scott Slash. You 549 00:29:32,040 --> 00:29:34,360 Speaker 1: can follow me on Twitter at Slash. Thank you very 550 00:29:34,400 --> 00:29:36,280 Speaker 1: much for joining us. Please tune in next week when 551 00:29:36,280 --> 00:29:38,520 Speaker 1: we speak once again with the biggest and brightest in 552 00:29:38,560 --> 00:29:41,000 Speaker 1: the sports business industry. I like trivia. I can't help it. 553 00:29:41,200 --> 00:29:44,080 Speaker 1: You're listening the Bloomberg Business of Sports and Bloomberg Radio 554 00:29:44,520 --> 00:29:45,200 Speaker 1: around the world,