1 00:00:00,280 --> 00:00:03,360 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 00:00:08,920 --> 00:00:13,560 Speaker 1: necessarily guaranteed. Michael, how high can these valuations go? Scott, 5 00:00:14,800 --> 00:00:17,880 Speaker 1: everybody loves rooting against him, right, Evan, Nobody Williams. Off 6 00:00:17,920 --> 00:00:19,840 Speaker 1: the field, the NBA has never been buzzier. And the 7 00:00:19,960 --> 00:00:23,080 Speaker 1: leaders in the sports industry Major League Baseball Commissioner Rob 8 00:00:23,079 --> 00:00:26,360 Speaker 1: Manfreddy MIKEA. Riscoe is the commissioner of the American Athletic Conference. 9 00:00:26,400 --> 00:00:28,960 Speaker 1: Here In Smith, president of Ticketmasters, and the race card 10 00:00:29,080 --> 00:00:32,519 Speaker 1: driver Elio Castro and Evans Bloomberg Business of Sports from 11 00:00:32,640 --> 00:00:36,280 Speaker 1: Bloomberg Radio. Hello, I'm Scott So, I'm Evan, Nobie Williams, 12 00:00:36,280 --> 00:00:38,760 Speaker 1: and I'm Michael Barr. And this is the Bloomberg Business 13 00:00:38,800 --> 00:00:41,200 Speaker 1: of Sports podcast where we explored the big money issues 14 00:00:41,240 --> 00:00:43,880 Speaker 1: in the world of sports. And let's start. Ohoh my, 15 00:00:44,200 --> 00:00:46,120 Speaker 1: did you just bump your mouth on your winter Did 16 00:00:46,640 --> 00:00:50,520 Speaker 1: you weren't supposed to see that? And I thought, little mouth, 17 00:00:51,680 --> 00:00:55,960 Speaker 1: Yeah I did, Man, I tried to eat the winds anymore. Uh. 18 00:00:56,280 --> 00:01:00,280 Speaker 1: How can the Knicks tick off their number one fan, 19 00:01:00,840 --> 00:01:03,880 Speaker 1: Spike Lee how does it happen? Yeah, you know, I was. 20 00:01:04,080 --> 00:01:06,920 Speaker 1: I was debating with Evan, like should we cover this 21 00:01:07,000 --> 00:01:10,680 Speaker 1: because it's kind of silly. But this is sports business, 22 00:01:10,720 --> 00:01:14,400 Speaker 1: this is management, this is culture, this is catering to customer. 23 00:01:14,920 --> 00:01:18,360 Speaker 1: This is about the business of Like you have to 24 00:01:18,440 --> 00:01:20,360 Speaker 1: know if if there's a beef. And I'm not gonna 25 00:01:20,360 --> 00:01:23,319 Speaker 1: say who started, who right, who wrong? I mean, let's 26 00:01:23,360 --> 00:01:26,360 Speaker 1: summarize quickly, which I just want facts here. I just 27 00:01:26,400 --> 00:01:31,399 Speaker 1: want facts here. Apparently Spike Lee, who has been going 28 00:01:31,440 --> 00:01:34,560 Speaker 1: to games forever, the highest profile Knicks fan from what 29 00:01:34,600 --> 00:01:36,559 Speaker 1: we can tell, has spent between two and three million 30 00:01:36,560 --> 00:01:40,920 Speaker 1: dollars on tickets, he went through the employee entrance that's 31 00:01:40,959 --> 00:01:43,040 Speaker 1: the one I use as a media entrance, and the 32 00:01:43,120 --> 00:01:45,520 Speaker 1: Knicks have told him don't do that, so they wanted 33 00:01:45,560 --> 00:01:50,000 Speaker 1: him to actually leave Madison Square Garden and go through 34 00:01:50,040 --> 00:01:52,639 Speaker 1: the v I P entrance, which is on thirty one Street, 35 00:01:53,080 --> 00:01:56,960 Speaker 1: whereas the employee entrants onty third Street. And he was like, no, 36 00:01:57,000 --> 00:01:58,720 Speaker 1: I've already scanned my ticket. Maybe they won't let me 37 00:01:58,760 --> 00:02:03,400 Speaker 1: back in. And this came a public beef between the 38 00:02:03,400 --> 00:02:09,480 Speaker 1: biggest fan the team has and management. I just I 39 00:02:09,560 --> 00:02:14,480 Speaker 1: don't understand how that happens. How this cannot quietly be quashed. 40 00:02:15,400 --> 00:02:18,320 Speaker 1: You know, the thing is, it's it's one thing, Okay, 41 00:02:18,480 --> 00:02:21,360 Speaker 1: the security wants you to go through a different entrance. 42 00:02:21,440 --> 00:02:25,480 Speaker 1: That's one thing. But Spike Lee also had a legitimate concern. Look, 43 00:02:25,520 --> 00:02:28,800 Speaker 1: you've scanned the ticket already. Yeah. Again, we talked about, 44 00:02:28,880 --> 00:02:30,560 Speaker 1: you know, these types of things a lot. I think 45 00:02:30,600 --> 00:02:33,960 Speaker 1: the big thing here is that the Knicks and particularly 46 00:02:33,960 --> 00:02:38,600 Speaker 1: ownered Jim Dolan, because this keep happening. They have no 47 00:02:38,720 --> 00:02:41,920 Speaker 1: benefit of the doubt, right if this was Jack Nicholson 48 00:02:41,960 --> 00:02:45,560 Speaker 1: having this argument in l A, for example, I don't 49 00:02:45,600 --> 00:02:49,600 Speaker 1: think Jack Nicholson having this argument. But even if it happened, 50 00:02:49,600 --> 00:02:52,160 Speaker 1: I don't think anybody would care about it. It's the 51 00:02:52,160 --> 00:02:55,400 Speaker 1: fact that Jim Dolan has had this fight with Charles Oakley, 52 00:02:55,440 --> 00:02:58,800 Speaker 1: one of the most beloved Knicks. I'm gonna be in 53 00:02:58,840 --> 00:03:01,760 Speaker 1: fairness in the oak one like Oakley did get aggressive 54 00:03:01,760 --> 00:03:05,160 Speaker 1: with security staff. I mean, I get it, I see 55 00:03:05,160 --> 00:03:08,480 Speaker 1: what you're saying, but Oakley was wrong. Again. I don't 56 00:03:08,480 --> 00:03:10,240 Speaker 1: even think it matters who's right and wrong. I think 57 00:03:10,320 --> 00:03:12,560 Speaker 1: just the fact that the Knicks continue to step on 58 00:03:12,600 --> 00:03:16,079 Speaker 1: their own feet around a whole host of issues surrounding 59 00:03:16,160 --> 00:03:18,840 Speaker 1: Jim Dolan is the reason why this becomes a massive 60 00:03:18,919 --> 00:03:20,840 Speaker 1: Let me read the statement they put out. The idea 61 00:03:20,880 --> 00:03:23,440 Speaker 1: that Spiked Lee is a victim because we have repeatedly 62 00:03:23,480 --> 00:03:26,600 Speaker 1: asked him to not use our employee entrance and instead 63 00:03:26,680 --> 00:03:29,200 Speaker 1: use a dedicated v I P entrance, which is used 64 00:03:29,240 --> 00:03:32,280 Speaker 1: by every other celebrity who enters the garden is laughable. 65 00:03:32,600 --> 00:03:36,000 Speaker 1: It's disappointing that Spike would create this false controversy to 66 00:03:36,000 --> 00:03:39,240 Speaker 1: perpetuate drama. He's welcome to come to the garden anytime 67 00:03:39,320 --> 00:03:42,080 Speaker 1: via the v I P or general entrance, just not 68 00:03:42,280 --> 00:03:45,320 Speaker 1: through our employee entrance, which is what he and Jim 69 00:03:45,360 --> 00:03:49,280 Speaker 1: agreed to last night when they shook hands. And then 70 00:03:49,480 --> 00:03:52,680 Speaker 1: apparently Spike went on ESPN and said, Jim targeting is 71 00:03:52,680 --> 00:03:56,480 Speaker 1: out to get me, and you know, I just it 72 00:03:56,600 --> 00:03:58,720 Speaker 1: baffles the mind. Well, now, by the way, we should 73 00:03:58,720 --> 00:04:01,280 Speaker 1: add Spike Lee is now I'm not going to any 74 00:04:01,320 --> 00:04:03,640 Speaker 1: more games this year. What does he what does he 75 00:04:03,640 --> 00:04:06,280 Speaker 1: pay three three hundred thousand dollars a year in tickets 76 00:04:06,480 --> 00:04:08,560 Speaker 1: and he pays for seats. Some people think celebrities get free, 77 00:04:08,560 --> 00:04:11,040 Speaker 1: but whatever pays for his two seats? Yeah, up front? 78 00:04:11,600 --> 00:04:16,680 Speaker 1: The only person we have on heard from is Reggie Miller. 79 00:04:16,839 --> 00:04:21,039 Speaker 1: Reggie Miller, yeah, like playfully on Twitter joked that this 80 00:04:21,080 --> 00:04:23,520 Speaker 1: would not happen in Indiana. So if Spike Lee was 81 00:04:23,560 --> 00:04:26,520 Speaker 1: a free agent, he was welcome to come to whatever 82 00:04:26,520 --> 00:04:29,400 Speaker 1: the field house is. Simon Brothers will not because it's 83 00:04:29,440 --> 00:04:32,200 Speaker 1: so concico like in our continuing I can't remember it's 84 00:04:32,240 --> 00:04:35,680 Speaker 1: bankers and farmers, insurance bankers. I don't know either way. 85 00:04:35,720 --> 00:04:38,400 Speaker 1: Reggie Miller, tongue in cheeks said he's welcome to root 86 00:04:38,440 --> 00:04:42,440 Speaker 1: for the Pacers anytime he wants. Well, again, we're not 87 00:04:42,480 --> 00:04:45,640 Speaker 1: taking any sides because you know, we all we only 88 00:04:45,680 --> 00:04:47,880 Speaker 1: know and I always say this as the media only 89 00:04:47,920 --> 00:04:51,159 Speaker 1: ten percent of what the real deal is. But we're 90 00:04:51,200 --> 00:04:57,560 Speaker 1: just talking from from just a pure business standpoint. You 91 00:04:57,680 --> 00:05:03,039 Speaker 1: don't want a fight with your best customers business, especially 92 00:05:03,120 --> 00:05:06,680 Speaker 1: an ambassador for the team. I just don't think you 93 00:05:06,720 --> 00:05:10,320 Speaker 1: would want a public feud with that person. How can 94 00:05:10,400 --> 00:05:13,839 Speaker 1: you squash this differently? How can this be handled differently 95 00:05:14,160 --> 00:05:17,400 Speaker 1: both by Spike and by the Nicks. And what I 96 00:05:17,480 --> 00:05:23,039 Speaker 1: don't understand though, is Okay, Spike goes through the employee entrance, No, 97 00:05:23,400 --> 00:05:26,640 Speaker 1: next time, go through the other entrance. And that would 98 00:05:26,640 --> 00:05:29,400 Speaker 1: have been the end of it. Yeah, but we could 99 00:05:29,400 --> 00:05:31,880 Speaker 1: have just said, Spike, go where you're supposed to go. Yeah, 100 00:05:31,920 --> 00:05:33,440 Speaker 1: what's the big deal, Like, why can't you go to 101 00:05:33,480 --> 00:05:35,800 Speaker 1: thirty first Street? Again? Look, I I don't know what 102 00:05:35,839 --> 00:05:39,120 Speaker 1: the heck happened. I actually prefer that I've done both. Yeah, 103 00:05:39,120 --> 00:05:43,640 Speaker 1: well you know your I like better to me, that's 104 00:05:43,680 --> 00:05:47,440 Speaker 1: better than thirty th street. Uh. Let's talk about the 105 00:05:47,480 --> 00:05:50,520 Speaker 1: Olympics AD sales. Now, here's what's here's the good thing 106 00:05:50,839 --> 00:05:57,320 Speaker 1: about AD sales. Uh. Apparently that they have passed the 107 00:05:57,560 --> 00:06:02,240 Speaker 1: one billion dollar Olympic AD sales. He's sold about of 108 00:06:02,320 --> 00:06:07,120 Speaker 1: its inventory NBC, right now, that's the good thing. Uh. 109 00:06:07,600 --> 00:06:12,360 Speaker 1: The problem is if this will even happen. Uh. They 110 00:06:12,520 --> 00:06:16,520 Speaker 1: and again the Japan's Olympics minister said it would be 111 00:06:16,640 --> 00:06:20,880 Speaker 1: theoretically possible to delay the summer Tokyo. And they also 112 00:06:20,960 --> 00:06:23,279 Speaker 1: said that it's not it's not we're on. The Olympics 113 00:06:23,320 --> 00:06:26,239 Speaker 1: are on, and when they're gonna push for these games 114 00:06:26,279 --> 00:06:30,039 Speaker 1: to go on precisely because of things like NBC has 115 00:06:30,080 --> 00:06:34,159 Speaker 1: passed one point to five billion dollars in AD sales. Yeah, 116 00:06:34,160 --> 00:06:36,680 Speaker 1: and that is that's passing the record they sent four 117 00:06:36,760 --> 00:06:38,800 Speaker 1: years ago with the with the Rio Games, to kind 118 00:06:38,800 --> 00:06:42,000 Speaker 1: of put that in perspective. Also, you know, because NBC, 119 00:06:42,320 --> 00:06:45,040 Speaker 1: you know, had earnings this week. Comcast chairman and CEO 120 00:06:45,120 --> 00:06:48,200 Speaker 1: Brian Roberts, Comcast owns NBC, also gave kind of some 121 00:06:48,279 --> 00:06:50,960 Speaker 1: insight into how they're thinking about the potential of of 122 00:06:50,960 --> 00:06:53,960 Speaker 1: Olympic games that might be postponed or canceled. Some interesting 123 00:06:53,960 --> 00:06:57,240 Speaker 1: things here. He said, we have insurance, we have contractual protections. 124 00:06:57,279 --> 00:06:59,520 Speaker 1: As we discussed um and this is not only a 125 00:06:59,520 --> 00:07:02,800 Speaker 1: profit off aptunity for these games. But and this is important, 126 00:07:02,800 --> 00:07:04,600 Speaker 1: I think for people to realize, as we talked about 127 00:07:04,640 --> 00:07:07,680 Speaker 1: other sponsors and media partners, this is a profit opportunity 128 00:07:07,720 --> 00:07:10,280 Speaker 1: moving forward. A lot of these partners are locked in 129 00:07:10,360 --> 00:07:13,119 Speaker 1: for not just this games, but the next Winter Games 130 00:07:13,120 --> 00:07:14,800 Speaker 1: and then the next Summer Games in Paris, and then 131 00:07:14,800 --> 00:07:17,240 Speaker 1: the next Winter Games and then the big one, the 132 00:07:17,280 --> 00:07:21,480 Speaker 1: next Summer Games in l A. So you know, while 133 00:07:21,640 --> 00:07:24,360 Speaker 1: you know, there may be partners and maybe sponsors, maybe 134 00:07:24,360 --> 00:07:26,960 Speaker 1: media companies that may take a little bit of a 135 00:07:27,000 --> 00:07:30,640 Speaker 1: bath on on Olympics games that gets canceled or gets postponed, 136 00:07:31,280 --> 00:07:33,400 Speaker 1: the truth is that they are in this for the 137 00:07:33,440 --> 00:07:35,840 Speaker 1: long haul. They have paid billions of dollars, not just 138 00:07:35,920 --> 00:07:38,480 Speaker 1: for these games, but for the ones moving forward, and 139 00:07:38,720 --> 00:07:43,000 Speaker 1: especially the one l A. Now, the thing is is 140 00:07:43,040 --> 00:07:46,440 Speaker 1: that in in the Tokyo officials, they can say it 141 00:07:46,520 --> 00:07:48,960 Speaker 1: all they want with their nostrils slurring. Oh, we're going 142 00:07:49,000 --> 00:07:52,440 Speaker 1: to continue on with the games. But if the coronavirus 143 00:07:52,560 --> 00:07:56,320 Speaker 1: is out of control, uh, you know, it's gonna come 144 00:07:56,360 --> 00:07:59,080 Speaker 1: down to what the i O C is also going 145 00:07:59,120 --> 00:08:01,120 Speaker 1: to say. Well, it may be taking I mean, may 146 00:08:01,120 --> 00:08:03,040 Speaker 1: come down to what the w h O says. The 147 00:08:03,080 --> 00:08:06,200 Speaker 1: one the one advantage that the IOC has and we'll 148 00:08:06,200 --> 00:08:08,240 Speaker 1: transition to college basketball because they don't have the same. 149 00:08:08,920 --> 00:08:13,920 Speaker 1: H Oh, that's not a small conference out west, right, ok. 150 00:08:14,080 --> 00:08:16,440 Speaker 1: I just want to make sure that's the World Health Organization, 151 00:08:16,520 --> 00:08:18,560 Speaker 1: the IOC. You know, we're still five months away from 152 00:08:18,560 --> 00:08:22,239 Speaker 1: the Olympics, so theoretically they have some time to see. 153 00:08:22,600 --> 00:08:24,560 Speaker 1: Is this thing going to get sertificantly worse, in which 154 00:08:24,560 --> 00:08:26,560 Speaker 1: case the decision might be easy. Is this thing to 155 00:08:26,600 --> 00:08:29,840 Speaker 1: get decidedly better, in which case the decision also might 156 00:08:29,840 --> 00:08:31,480 Speaker 1: be easy, or is it gonna stay kind of in 157 00:08:31,520 --> 00:08:35,480 Speaker 1: this nebulas zone. Other sporting events, including March Madness, which 158 00:08:35,559 --> 00:08:37,920 Speaker 1: is supposed to start in less than two weeks does 159 00:08:37,960 --> 00:08:40,480 Speaker 1: not have that benefit, right, They have to start making 160 00:08:40,480 --> 00:08:44,960 Speaker 1: decisions shortly about what they think for for their tournament 161 00:08:45,000 --> 00:08:47,640 Speaker 1: without the without the ability to see kind of where 162 00:08:47,679 --> 00:08:50,200 Speaker 1: this virus goes in the next few months. And I 163 00:08:50,200 --> 00:08:52,360 Speaker 1: spoke with n C A brass earlier this week about 164 00:08:52,400 --> 00:08:55,240 Speaker 1: what they're thinking about. They made it clear everything is 165 00:08:55,280 --> 00:08:58,880 Speaker 1: on the table. They're prepared to possibly play games in 166 00:08:58,880 --> 00:09:02,439 Speaker 1: some areas without without fans. They may even be thinking 167 00:09:02,440 --> 00:09:06,800 Speaker 1: about postponing, delaying, canceling, shortening. When I was told everything 168 00:09:06,840 --> 00:09:08,440 Speaker 1: that you can think of as a fan. They will 169 00:09:08,440 --> 00:09:11,280 Speaker 1: not be playing outdoors in Santa Monica Parks, guarante I'm 170 00:09:11,320 --> 00:09:13,120 Speaker 1: not going to do that. But he's being modest by 171 00:09:13,120 --> 00:09:15,120 Speaker 1: the way. You see everybody else is quoting Mr Novie 172 00:09:15,120 --> 00:09:18,360 Speaker 1: Williams story. By the way, I just want to make 173 00:09:18,360 --> 00:09:21,240 Speaker 1: sure everybody else that Williams got to the n C first, right, 174 00:09:21,240 --> 00:09:23,079 Speaker 1: He went to the right. But I mean, in this talk, 175 00:09:23,160 --> 00:09:25,880 Speaker 1: let's look at what us has happened recently. The NBA 176 00:09:25,920 --> 00:09:30,199 Speaker 1: Africa League postponed its inaugural start. We have Chicago State 177 00:09:30,679 --> 00:09:32,480 Speaker 1: said they're not going to go to Seattle and Utah 178 00:09:32,559 --> 00:09:35,000 Speaker 1: Valley said, we're not going to play there because of coronavirus. 179 00:09:35,040 --> 00:09:37,679 Speaker 1: So all of these sort of what's seeming are these 180 00:09:37,760 --> 00:09:40,000 Speaker 1: hard line statement we're gonna do this where you you 181 00:09:40,040 --> 00:09:43,720 Speaker 1: don't know, You just don't know, And increasingly the sports 182 00:09:43,760 --> 00:09:47,000 Speaker 1: world is taking notice and saying, we're not going to 183 00:09:47,120 --> 00:09:49,120 Speaker 1: do it. We're going to be careful. Yeah that the 184 00:09:49,200 --> 00:09:51,960 Speaker 1: Chicago State, those two basketball games and and the women's games, 185 00:09:51,960 --> 00:09:55,319 Speaker 1: they're not hosting those schools either. Those are the first 186 00:09:55,679 --> 00:09:58,520 Speaker 1: US sporting events that are severely affected by this, and 187 00:09:58,559 --> 00:10:01,080 Speaker 1: as we've been saying for for we now, they are 188 00:10:01,120 --> 00:10:03,320 Speaker 1: definitely not going to be the last. This is just 189 00:10:03,440 --> 00:10:05,480 Speaker 1: kind of the start of what I think is going 190 00:10:05,520 --> 00:10:09,920 Speaker 1: to be a severe disruption for college basketball, pro basketball, 191 00:10:10,080 --> 00:10:12,880 Speaker 1: pro hockey. Who knows down the line, It wouldn't surprise 192 00:10:12,920 --> 00:10:17,640 Speaker 1: me if you saw some games without fans, because let's 193 00:10:17,679 --> 00:10:20,320 Speaker 1: face it, yes it's nice to see the fans in 194 00:10:20,320 --> 00:10:23,839 Speaker 1: the stands, but the real money comes from the televised 195 00:10:24,000 --> 00:10:27,559 Speaker 1: rights and that coined with the ads. You don't want 196 00:10:27,600 --> 00:10:30,280 Speaker 1: to scrap that. Well, yeah, I mean, let's let's say, 197 00:10:30,280 --> 00:10:32,440 Speaker 1: I mean, even you could actually benefit. If everybody's stuck 198 00:10:32,440 --> 00:10:35,520 Speaker 1: in their house, they'll do things like watch sports. I mean, 199 00:10:35,880 --> 00:10:37,280 Speaker 1: I mean, you do see it. You see it in 200 00:10:37,320 --> 00:10:40,160 Speaker 1: times of recession, people go and they look towards entertainment 201 00:10:41,040 --> 00:10:43,640 Speaker 1: less expensive entertainment, and certainly watching on TV is one 202 00:10:43,679 --> 00:10:46,160 Speaker 1: of those options. Realistically, as we record right now, you know, 203 00:10:46,200 --> 00:10:48,720 Speaker 1: the NHL is adding a franchise in Seattle. If that 204 00:10:48,880 --> 00:10:53,080 Speaker 1: team was playing in Seattle right now, I'm not convinced 205 00:10:53,080 --> 00:10:56,400 Speaker 1: that they would be having fans at that arena on 206 00:10:56,640 --> 00:10:59,840 Speaker 1: a nightly basis. I don't know that for sure, but again, 207 00:10:59,880 --> 00:11:02,000 Speaker 1: I I just think that as in Seattle seems to 208 00:11:02,040 --> 00:11:04,160 Speaker 1: be kind of the first place where the virus has 209 00:11:04,200 --> 00:11:07,160 Speaker 1: really taken root in large numbers here in the US, 210 00:11:07,200 --> 00:11:09,240 Speaker 1: but it probably won't be the last. So yeah, I 211 00:11:09,280 --> 00:11:11,720 Speaker 1: think we're gonna see, you know, some some pretty big disruption. Hello, 212 00:11:11,720 --> 00:11:15,920 Speaker 1: Tim LAWICKI, friends of the program in different places. Let's 213 00:11:15,960 --> 00:11:18,760 Speaker 1: talk about Zion Williams It he got his chicken because 214 00:11:18,800 --> 00:11:23,080 Speaker 1: he's signed an exclusive memorabilia deal with fanatics. Yeah, I 215 00:11:23,080 --> 00:11:25,360 Speaker 1: mean adding to a stable of folks who are doing 216 00:11:25,400 --> 00:11:27,480 Speaker 1: this with fanatics. My favorite part of the whole thing. 217 00:11:27,600 --> 00:11:31,600 Speaker 1: Did you see him signing the ball in the promo? Well, 218 00:11:31,760 --> 00:11:34,719 Speaker 1: Zion is a lefty, So the interesting part and you 219 00:11:34,720 --> 00:11:36,960 Speaker 1: don't think about this like you know, right handers don't 220 00:11:37,000 --> 00:11:41,320 Speaker 1: have to think about this stuff. He signs his last 221 00:11:41,400 --> 00:11:45,160 Speaker 1: name first so that he doesn't go into it with 222 00:11:45,240 --> 00:11:50,040 Speaker 1: his hand and Smudget, I never thought about that one bit. 223 00:11:50,200 --> 00:11:52,199 Speaker 1: There you go, you're right. I never thought about a 224 00:11:52,240 --> 00:11:54,839 Speaker 1: little food for South Paul thought, thank you. That's a 225 00:11:55,000 --> 00:11:57,640 Speaker 1: that's a little Wilson moment man right there like that 226 00:11:58,000 --> 00:12:01,520 Speaker 1: A good A good signing for pun intended, good signing 227 00:12:01,520 --> 00:12:05,600 Speaker 1: for Fanatics here, you know, for people know Fanatics has 228 00:12:05,640 --> 00:12:07,560 Speaker 1: kind of taken over in the past, you know five 229 00:12:07,640 --> 00:12:14,559 Speaker 1: years the licensed apparel Jersey World and the scale well yes, 230 00:12:14,720 --> 00:12:20,000 Speaker 1: but vertical vertical immigration. They are now kind of taking 231 00:12:20,000 --> 00:12:23,400 Speaker 1: that same approach for memorabilia right there, signing a lot 232 00:12:23,480 --> 00:12:27,480 Speaker 1: of these guys to exclusive deals. Alexandrovitchkin, Peyton Manning, Carson Wentz, 233 00:12:28,080 --> 00:12:30,760 Speaker 1: Chris Bryant, Luca don Chets, just to name a few. 234 00:12:30,800 --> 00:12:33,800 Speaker 1: Aeron Judge. They have these exclusive deals up right now 235 00:12:34,320 --> 00:12:38,240 Speaker 1: and again they operate the online store for a number 236 00:12:38,280 --> 00:12:41,240 Speaker 1: of a number of these franchises in Smoothie King Arena 237 00:12:41,320 --> 00:12:45,160 Speaker 1: see got the right there. Um, they also operate the 238 00:12:45,160 --> 00:12:48,040 Speaker 1: store uh there for the Pelicans. So you know, there's 239 00:12:48,040 --> 00:12:50,360 Speaker 1: an easy way for them to kind of utilize the 240 00:12:50,400 --> 00:12:54,000 Speaker 1: pre existing infrastructure they have around the apparel business and 241 00:12:54,040 --> 00:12:57,640 Speaker 1: the Jersey short business to now tack on another aspect, 242 00:12:57,679 --> 00:13:00,800 Speaker 1: which is the authentic membory. I've never felt smaller in 243 00:13:00,880 --> 00:13:05,040 Speaker 1: my life. One time, leaving New Orleans, I left, I 244 00:13:05,080 --> 00:13:08,959 Speaker 1: was walking out with two guys. One was Danny says. 245 00:13:09,480 --> 00:13:12,040 Speaker 1: You should remember Danny Shay's right bar, son of Dolf. 246 00:13:12,120 --> 00:13:15,560 Speaker 1: She's played at Syracuse and longtime NBA player. And on 247 00:13:15,600 --> 00:13:19,560 Speaker 1: the other side of me was Mark Eaton, remember marketing 248 00:13:19,600 --> 00:13:23,200 Speaker 1: the Utah Jazz. Another seven foot So I got these 249 00:13:23,200 --> 00:13:24,560 Speaker 1: two guys next to me, and I'm just I felt 250 00:13:24,559 --> 00:13:27,120 Speaker 1: like a two year old. It was ridiculous there. You know, 251 00:13:27,520 --> 00:13:32,200 Speaker 1: they're like both seven legit seven plus. By the way, 252 00:13:32,200 --> 00:13:34,520 Speaker 1: did they say how much this deal was for Zane 253 00:13:34,520 --> 00:13:36,880 Speaker 1: Williamson or is that something they don't They did not. 254 00:13:37,000 --> 00:13:39,240 Speaker 1: They did not say, we don't. It is chicken. We 255 00:13:39,360 --> 00:13:41,520 Speaker 1: just don't know if we put it on the scale, 256 00:13:42,360 --> 00:13:44,840 Speaker 1: how heavy the chicken is. This has been the Bloomberg 257 00:13:44,840 --> 00:13:48,719 Speaker 1: Business of Sports podcast, and we are here every Monday, 258 00:13:48,840 --> 00:13:51,959 Speaker 1: Wednesday and Thursday talking to you about some of the 259 00:13:51,960 --> 00:13:54,120 Speaker 1: biggest issues in the world of sports. By the way, 260 00:13:54,440 --> 00:13:56,040 Speaker 1: if you want to check me out on Twitter, you 261 00:13:56,080 --> 00:13:58,640 Speaker 1: can do that. I'm at Big Bar Sports I recommended. 262 00:13:58,679 --> 00:14:01,040 Speaker 1: I'm Scott Sashik. You can follow me on Twitter at 263 00:14:01,080 --> 00:14:03,560 Speaker 1: sash and I'm Evan Novi Williams. You can follow me 264 00:14:03,640 --> 00:14:06,200 Speaker 1: at nov Underscore Williams. Tune in later in the week. 265 00:14:06,240 --> 00:14:08,360 Speaker 1: We speak with the biggest and brightest names, including a 266 00:14:08,360 --> 00:14:11,240 Speaker 1: big one. This week, guys, we have Patrick Mahomes, oh 267 00:14:11,600 --> 00:14:16,400 Speaker 1: quarterback Super Bowl m VV two time Pro bowler about 268 00:14:16,440 --> 00:14:18,520 Speaker 1: to be a very rich man as well when he 269 00:14:18,559 --> 00:14:21,280 Speaker 1: signs his new deal. You've been listening to the Bloomberg 270 00:14:21,320 --> 00:14:24,680 Speaker 1: Business of Sports and you can get this podcast anywhere 271 00:14:25,000 --> 00:14:26,360 Speaker 1: where you get your downloads.