1
00:00:00,800 --> 00:00:03,360
Speaker 1: This is Bloomberg Business of Sports.

2
00:00:03,640 --> 00:00:06,160
Speaker 2: Everybody is into soccer, so it's not a case of

3
00:00:06,240 --> 00:00:07,880
Speaker 2: like building the game in ninety four.

4
00:00:08,000 --> 00:00:11,120
Speaker 3: To me, the metch have one of the most aggressive

5
00:00:11,160 --> 00:00:12,920
Speaker 3: owners in all of pro sports.

6
00:00:12,960 --> 00:00:15,000
Speaker 1: Women's sports has become much more high profile.

7
00:00:15,040 --> 00:00:17,599
Speaker 3: There's been a lot of focus on a TV networks.

8
00:00:17,200 --> 00:00:19,600
Speaker 1: Have made a killing off college football and they will

9
00:00:19,640 --> 00:00:20,479
Speaker 1: continue to do that.

10
00:00:20,600 --> 00:00:22,200
Speaker 2: Do you have a very motivated owner?

11
00:00:22,239 --> 00:00:25,680
Speaker 3: Which the Padres do, which the Phillies do, which the Yankees?

12
00:00:25,760 --> 00:00:26,759
Speaker 2: Do you spend?

13
00:00:26,880 --> 00:00:29,920
Speaker 3: I think sports may be driving some of these streaming

14
00:00:29,960 --> 00:00:31,400
Speaker 3: services as they go forward.

15
00:00:31,480 --> 00:00:33,199
Speaker 4: As a shelf life to be in an athlete, you

16
00:00:33,280 --> 00:00:35,120
Speaker 4: have to figure out what the pivot is going to be.

17
00:00:35,280 --> 00:00:39,560
Speaker 1: Bloomberg Business of Sports from Bloomberg Radio. Hello, welcome to

18
00:00:39,600 --> 00:00:43,000
Speaker 1: the Bloomberg Business of Sports podcast, who we explore some

19
00:00:43,040 --> 00:00:44,879
Speaker 1: of the big money issues in the world of sports.

20
00:00:45,120 --> 00:00:48,240
Speaker 5: I'm Michael Barn, I'm Scarlett Film, and I'm Damian Saser.

21
00:00:48,479 --> 00:00:51,559
Speaker 1: Oh my, we got a big old lineup and we

22
00:00:51,680 --> 00:00:55,720
Speaker 1: are going to talk about the looming return of the

23
00:00:55,760 --> 00:01:00,480
Speaker 1: football season. And I'm not talking about soccer football, talking

24
00:01:00,520 --> 00:01:05,880
Speaker 1: about NFL none other then NFL Hall of Fame linebacker

25
00:01:05,959 --> 00:01:09,280
Speaker 1: Mike Singletary will get his views on the ongoing state

26
00:01:09,360 --> 00:01:12,120
Speaker 1: of the game and whether, in his opinion, the league

27
00:01:12,160 --> 00:01:13,920
Speaker 1: is doing enough to protect players safety.

28
00:01:14,080 --> 00:01:16,319
Speaker 4: And of course, player safety is a major focal point

29
00:01:16,319 --> 00:01:20,280
Speaker 4: for Mike Singletary. He was recently announced as the spokesperson

30
00:01:20,400 --> 00:01:23,720
Speaker 4: for a brain health supplement called New Team, so we'll

31
00:01:23,720 --> 00:01:25,479
Speaker 4: get his thoughts on what the product is and how

32
00:01:25,520 --> 00:01:28,360
Speaker 4: it could potentially help players upon their retirement.

33
00:01:28,720 --> 00:01:31,040
Speaker 5: That's a later ahead on the Bloomberg Business of Sports show.

34
00:01:31,319 --> 00:01:34,399
Speaker 5: But first we're gonna be talking golf, and with one

35
00:01:34,440 --> 00:01:36,080
Speaker 5: of the very best ever to do it.

36
00:01:36,480 --> 00:01:40,840
Speaker 1: This would be for fifty eight at the lowest round endever,

37
00:01:43,760 --> 00:01:49,680
Speaker 1: fifty eight PG eight two four.

38
00:01:50,400 --> 00:01:50,920
Speaker 5: I'm the lad.

39
00:01:52,160 --> 00:01:55,600
Speaker 1: That's right. We're not talking about Damien Sassawur on the course.

40
00:01:55,760 --> 00:01:59,960
Speaker 1: We're talking about PGA Tour pro golfer and the captain

41
00:02:00,160 --> 00:02:04,680
Speaker 1: for next year's US President's Cup. Jim Furick joins us here. Jim,

42
00:02:04,920 --> 00:02:06,880
Speaker 1: welcome to the Bloomberg Business of Sports here.

43
00:02:07,200 --> 00:02:07,560
Speaker 2: Thank you.

44
00:02:07,600 --> 00:02:08,520
Speaker 3: I appreciate having me.

45
00:02:09,480 --> 00:02:12,000
Speaker 1: There's a lot to talk about here, so let's begin.

46
00:02:12,120 --> 00:02:14,880
Speaker 1: First of all, I can go on because you were

47
00:02:14,919 --> 00:02:18,840
Speaker 1: the captain of the twenty eighteen Ryder Cup, and you've

48
00:02:18,880 --> 00:02:23,320
Speaker 1: seen pretty much everything with what's going on out there

49
00:02:23,400 --> 00:02:28,240
Speaker 1: on the tour. Give us your thoughts about where the

50
00:02:28,280 --> 00:02:29,880
Speaker 1: state of golf is today.

51
00:02:30,280 --> 00:02:33,120
Speaker 3: Well, I mean, I think golf in itself is in

52
00:02:33,840 --> 00:02:36,679
Speaker 3: a very good spot. I know that there's some controversy

53
00:02:36,760 --> 00:02:38,880
Speaker 3: right now with the PGA Tour, the Live Tour, the

54
00:02:38,960 --> 00:02:42,600
Speaker 3: dp World Tour. You know, the elephant in the room

55
00:02:42,680 --> 00:02:47,760
Speaker 3: right now is really, I guess probably a pending lawsuit

56
00:02:48,200 --> 00:02:50,680
Speaker 3: in the future between the PGA Tour and the Live Tour.

57
00:02:50,720 --> 00:02:54,040
Speaker 3: But I think ratings are doing very well. Folks are

58
00:02:54,080 --> 00:02:57,120
Speaker 3: talking about golf. I'm not necessarily always one that believes that,

59
00:02:58,160 --> 00:03:01,240
Speaker 3: you know, even bad publicity is good, but you know,

60
00:03:01,320 --> 00:03:02,480
Speaker 3: folks are talking about.

61
00:03:02,240 --> 00:03:02,880
Speaker 2: The game of golf.

62
00:03:02,919 --> 00:03:04,760
Speaker 3: I think there's a lot of stars, a lot of

63
00:03:04,760 --> 00:03:07,519
Speaker 3: places you can watch it off these days. And we've

64
00:03:07,520 --> 00:03:10,640
Speaker 3: had two unbelievable major championships and both the Masters and

65
00:03:10,680 --> 00:03:13,880
Speaker 3: the PGA Championships so far. So I think I think

66
00:03:13,919 --> 00:03:16,720
Speaker 3: the game's in a good spot, not only from the

67
00:03:16,760 --> 00:03:21,280
Speaker 3: professional ranks. But you know, maybe one of the one

68
00:03:21,280 --> 00:03:25,120
Speaker 3: of the very few silver linings of COVID is it

69
00:03:25,160 --> 00:03:26,799
Speaker 3: really brought a lot of folks to the game. I

70
00:03:26,880 --> 00:03:29,120
Speaker 3: got a lot of people outdoors on the golf course

71
00:03:30,440 --> 00:03:32,760
Speaker 3: and it's really helped I think the business of our

72
00:03:32,760 --> 00:03:33,440
Speaker 3: sport as well.

73
00:03:33,880 --> 00:03:35,720
Speaker 4: I think that's a really good point, because when the

74
00:03:35,720 --> 00:03:38,480
Speaker 4: pandemic first started, people wanted to get out onto the green.

75
00:03:38,920 --> 00:03:42,800
Speaker 4: There was natural social distancing. It allowed them to continue to,

76
00:03:43,640 --> 00:03:45,720
Speaker 4: you know, live their life the way that they wanted to,

77
00:03:45,880 --> 00:03:48,800
Speaker 4: rather than being stuck at home. How did that tailwind

78
00:03:49,120 --> 00:03:51,840
Speaker 4: still exists. I'm just curious to what extent some of

79
00:03:51,880 --> 00:03:54,120
Speaker 4: it might have been rolled back, because when you look

80
00:03:54,160 --> 00:03:56,440
Speaker 4: at everything else in the economy, things that were really

81
00:03:56,480 --> 00:03:59,800
Speaker 4: popular during the pandemic have certainly given back a lot

82
00:03:59,800 --> 00:04:02,640
Speaker 4: of games. Have you seen any of that take place

83
00:04:02,720 --> 00:04:03,160
Speaker 4: in golf?

84
00:04:03,440 --> 00:04:08,040
Speaker 3: Well, from my position, I'm probably not the best person

85
00:04:08,080 --> 00:04:10,760
Speaker 3: to ask, I think there naturally has been a bit

86
00:04:10,800 --> 00:04:13,920
Speaker 3: of a rollback, But I still think the participation numbers,

87
00:04:13,960 --> 00:04:17,359
Speaker 3: the number of rounds being played is much higher now

88
00:04:17,400 --> 00:04:20,520
Speaker 3: than it was pre COVID. Maybe not at a all

89
00:04:20,600 --> 00:04:22,000
Speaker 3: time high, and it might have been at a couple

90
00:04:22,040 --> 00:04:25,960
Speaker 3: of years ago, but definitely I think our participation is

91
00:04:26,040 --> 00:04:28,640
Speaker 3: up and still good for the sport.

92
00:04:28,800 --> 00:04:31,440
Speaker 5: Jim, before we get into the President's Cup, you've been

93
00:04:31,520 --> 00:04:33,880
Speaker 5: named the captain for next year's event. I just have

94
00:04:33,960 --> 00:04:37,200
Speaker 5: to say, there have been twelve twelve sub sixty rounds

95
00:04:37,200 --> 00:04:39,920
Speaker 5: shot in PGA Tour history. Eleven have been fifty nine's,

96
00:04:39,920 --> 00:04:42,479
Speaker 5: but just one, just one, has been at twelve under

97
00:04:42,520 --> 00:04:45,039
Speaker 5: fifty eight, and that was you at the twenty sixteen

98
00:04:45,080 --> 00:04:47,960
Speaker 5: Travelers Championship. I think what's just as notable is you

99
00:04:48,000 --> 00:04:50,360
Speaker 5: also credited fifty nine three years earlier, so you're the

100
00:04:50,400 --> 00:04:53,360
Speaker 5: only PGA Tour pro to card two rounds under sixty.

101
00:04:53,560 --> 00:04:56,799
Speaker 5: Looking out amongst today's top players, I'm talking John ram,

102
00:04:57,080 --> 00:05:00,000
Speaker 5: I'm talking Scotti, Scheffer, Brooks, Kopka. Who do you think,

103
00:05:00,000 --> 00:05:03,040
Speaker 5: if you'll has the best chance of carding a sub

104
00:05:03,120 --> 00:05:03,960
Speaker 5: sixty round?

105
00:05:05,120 --> 00:05:05,719
Speaker 1: Roady question.

106
00:05:05,920 --> 00:05:10,280
Speaker 3: It's going to happen. The athletes getting bigger, stronger, faster,

107
00:05:10,480 --> 00:05:14,000
Speaker 3: the equipment is better. They're trying to, you know, arm

108
00:05:14,080 --> 00:05:17,680
Speaker 3: golf courses to make them longer, more difficult to keep up.

109
00:05:18,240 --> 00:05:21,400
Speaker 3: But it's going to happen, and someone's going to shoot

110
00:05:21,400 --> 00:05:23,440
Speaker 3: fifty eight and tiet someone's going to shoot fifty seven

111
00:05:23,520 --> 00:05:25,839
Speaker 3: and break that record. I kind of like to look

112
00:05:25,839 --> 00:05:30,880
Speaker 3: at mister Geiberger. He's the original mister fifty nine he

113
00:05:30,960 --> 00:05:32,880
Speaker 3: was able to hold onto that record, I believe, for

114
00:05:32,920 --> 00:05:36,680
Speaker 3: thirty eight years before before I shot fifty eight. So

115
00:05:37,120 --> 00:05:39,360
Speaker 3: I will say it would be really cool if I

116
00:05:39,560 --> 00:05:42,920
Speaker 3: could hold on to at least for thirty eight years.

117
00:05:43,160 --> 00:05:45,200
Speaker 3: That would take me into my eighties. That'd be pretty good.

118
00:05:45,200 --> 00:05:46,279
Speaker 3: Like I'd be all right with that.

119
00:05:46,720 --> 00:05:51,200
Speaker 1: It is an honor, and you are the man to

120
00:05:51,360 --> 00:05:55,680
Speaker 1: who obviously should get it. You are named the US

121
00:05:56,000 --> 00:05:59,640
Speaker 1: team captain for the twenty twenty four President's Cup. Can

122
00:05:59,640 --> 00:06:02,320
Speaker 1: you take us through that and what it's like first

123
00:06:02,360 --> 00:06:05,039
Speaker 1: of all to say, hey, Jim, come on over here

124
00:06:05,200 --> 00:06:06,160
Speaker 1: captain the team.

125
00:06:06,839 --> 00:06:09,839
Speaker 3: It's definitely was an honor to get that call. I

126
00:06:09,880 --> 00:06:12,960
Speaker 3: guess it's a recent tradition. But the past captain, who

127
00:06:13,000 --> 00:06:17,320
Speaker 3: is Davis Love and Charlotte in twenty twenty two, kind

128
00:06:17,320 --> 00:06:19,640
Speaker 3: of he and Jack Johnson kind of gave me the

129
00:06:19,680 --> 00:06:22,159
Speaker 3: call and let me know that I would be the

130
00:06:22,200 --> 00:06:23,880
Speaker 3: next captain of the team. So I have two of

131
00:06:23,880 --> 00:06:27,479
Speaker 3: your friends do that was wonderful, and Jay Monahan, our commissioner,

132
00:06:27,480 --> 00:06:31,320
Speaker 3: followed up a day or two later to officially welcome

133
00:06:31,320 --> 00:06:34,200
Speaker 3: me into that role. So it's an honor. You know,

134
00:06:34,240 --> 00:06:36,720
Speaker 3: I'm playing predominantly on the Champions Tour right now, and

135
00:06:37,040 --> 00:06:39,440
Speaker 3: so this will kind of I think, keep me young,

136
00:06:39,560 --> 00:06:41,719
Speaker 3: keep me updated, keep me up with the PGA Tour,

137
00:06:41,839 --> 00:06:44,719
Speaker 3: and keep me up with some of the younger players

138
00:06:44,720 --> 00:06:47,840
Speaker 3: that I just enjoy being around. And it's an honor.

139
00:06:47,880 --> 00:06:50,400
Speaker 3: It's a lot of work taken on, and of course,

140
00:06:51,360 --> 00:06:53,080
Speaker 3: you know, the US has got a tradition in this

141
00:06:53,120 --> 00:06:54,680
Speaker 3: event that we want to uphold.

142
00:06:55,480 --> 00:06:57,279
Speaker 4: And of course you were a captain for the twenty

143
00:06:57,279 --> 00:07:00,600
Speaker 4: eighteen Writer Cup, so you've been here BEFO for what

144
00:07:00,760 --> 00:07:02,640
Speaker 4: are some of the struggles with leading a team of

145
00:07:02,640 --> 00:07:06,080
Speaker 4: twelve players who compete every week as individuals. And I'm

146
00:07:06,080 --> 00:07:07,880
Speaker 4: curious what you're going to bring in in terms of

147
00:07:07,960 --> 00:07:11,560
Speaker 4: best practices and avoid worst practices when it comes to

148
00:07:11,600 --> 00:07:13,600
Speaker 4: the twenty twenty four match.

149
00:07:13,800 --> 00:07:16,720
Speaker 3: Yeah, surely there was a learning curve. Twenty eighteen did

150
00:07:16,800 --> 00:07:18,360
Speaker 3: not end up the way we wanted to, where we

151
00:07:18,400 --> 00:07:21,320
Speaker 3: lost the Ryder Cup over in Paris, So there's things

152
00:07:21,320 --> 00:07:23,800
Speaker 3: that I definitely would have liked to do over or

153
00:07:23,920 --> 00:07:26,840
Speaker 3: change learned from some of those lessons. I think from

154
00:07:26,840 --> 00:07:29,400
Speaker 3: a captain's perspective, if you look back to some of

155
00:07:29,440 --> 00:07:34,360
Speaker 3: the fallout we had back in twenty fourteen in that area.

156
00:07:35,040 --> 00:07:37,920
Speaker 3: The goal for the US team, because we do this

157
00:07:38,000 --> 00:07:40,400
Speaker 3: every year, the President's Cup and a Ryder Cup, was

158
00:07:40,440 --> 00:07:42,760
Speaker 3: really to provide a lot of symmetry for those players.

159
00:07:42,760 --> 00:07:45,560
Speaker 3: And so, you know, Zach Johnson is going to have

160
00:07:45,680 --> 00:07:48,520
Speaker 3: me on his Ryder Cup staff this year. Over in roll,

161
00:07:48,640 --> 00:07:51,480
Speaker 3: I'm going to pull in the Ryder Cup captain for

162
00:07:51,560 --> 00:07:53,760
Speaker 3: the following year onder my team. So we try to

163
00:07:53,800 --> 00:07:55,800
Speaker 3: keep a lot of symmetry. We've got a lot of

164
00:07:55,800 --> 00:07:58,280
Speaker 3: these players and making this team year in and year out,

165
00:07:58,320 --> 00:08:01,640
Speaker 3: we want them to kind of have a similar style.

166
00:08:01,880 --> 00:08:03,640
Speaker 3: You know, every captain is going to be a little different,

167
00:08:03,640 --> 00:08:05,800
Speaker 3: but a similar style. Uh, you're going to see a

168
00:08:05,800 --> 00:08:07,680
Speaker 3: lot of the same partnerships year in and year out.

169
00:08:07,720 --> 00:08:10,520
Speaker 3: We figure out what works what doesn't. And so I

170
00:08:10,560 --> 00:08:12,840
Speaker 3: think we really have a good process in place, and

171
00:08:12,840 --> 00:08:16,520
Speaker 3: and uh, you know, it's really not difficult to to

172
00:08:16,600 --> 00:08:19,200
Speaker 3: get these guys together. We all grew up playing team sports.

173
00:08:19,200 --> 00:08:22,640
Speaker 3: We all grew up you know, I played football, basketball.

174
00:08:22,240 --> 00:08:22,800
Speaker 1: And baseball.

175
00:08:23,000 --> 00:08:25,400
Speaker 3: Some of my closest friends are you know, from my

176
00:08:25,440 --> 00:08:29,000
Speaker 3: high school basketball team. We get to put the American

177
00:08:29,040 --> 00:08:31,320
Speaker 3: flag on our sleeve. We get to represent something a

178
00:08:31,320 --> 00:08:34,160
Speaker 3: lot bigger than ourselves. And the game of golf really

179
00:08:34,200 --> 00:08:37,800
Speaker 3: and in our country, and so uh, these guys look

180
00:08:37,800 --> 00:08:40,520
Speaker 3: forward to it, they enjoy it, and uh, you know,

181
00:08:40,920 --> 00:08:43,280
Speaker 3: it's fun being I think my best memories from these

182
00:08:43,280 --> 00:08:46,320
Speaker 3: events really are the are hang out with my teammates,

183
00:08:46,400 --> 00:08:49,840
Speaker 3: learning the practice rounds, picking up different tips from everyone,

184
00:08:49,920 --> 00:08:53,480
Speaker 3: the camaraderie in the team room, and of course the

185
00:08:53,559 --> 00:08:57,120
Speaker 3: victories are a lot of fun. You know, the hugs

186
00:08:57,160 --> 00:09:01,080
Speaker 3: and uh and they all smiles afterwards. Is what you want?

187
00:09:01,280 --> 00:09:04,719
Speaker 5: Well, you know, Jim, let's just beat a dead horse here.

188
00:09:04,720 --> 00:09:06,560
Speaker 5: I mean, don't you think the reason we had Davis

189
00:09:06,679 --> 00:09:09,640
Speaker 5: Love on the show ahead of last year's a President's

190
00:09:09,679 --> 00:09:12,160
Speaker 5: Cup and Dal three is no dummy. The fact that

191
00:09:12,240 --> 00:09:15,120
Speaker 5: you know you played Royal Montreal back during the two

192
00:09:15,160 --> 00:09:18,200
Speaker 5: thousand and seven President's Cup may have had something to

193
00:09:18,240 --> 00:09:20,200
Speaker 5: do with your selection as Team Godden.

194
00:09:20,320 --> 00:09:25,480
Speaker 3: Know, you know, I'm not sure. I definitely enjoyed that event.

195
00:09:25,520 --> 00:09:30,280
Speaker 3: The Canadian fans were amazing. Mike Weir was paired against

196
00:09:30,520 --> 00:09:32,840
Speaker 3: Tiger Woods and the singles, and even though the US

197
00:09:32,960 --> 00:09:35,280
Speaker 3: was pretty far ahead, you could hear the buzz and

198
00:09:35,320 --> 00:09:36,800
Speaker 3: you could hear that match everywhere.

199
00:09:36,840 --> 00:09:37,200
Speaker 2: It was.

200
00:09:37,520 --> 00:09:40,319
Speaker 3: The Canadian fans are wonderful. Royal Montreal is a heck

201
00:09:40,320 --> 00:09:42,520
Speaker 3: of a golf course. I also played a Canadian Open

202
00:09:42,520 --> 00:09:45,640
Speaker 3: there I think at twenty fourteen and had some success

203
00:09:45,679 --> 00:09:47,600
Speaker 3: there as well. So a golf course that I like.

204
00:09:47,720 --> 00:09:50,120
Speaker 3: I know, Well, it'll be my job to kind of

205
00:09:50,120 --> 00:09:53,520
Speaker 3: figure out how our staff out of PJ Tour staff

206
00:09:53,559 --> 00:09:55,760
Speaker 3: and Mike gets a little bit of being the home captain,

207
00:09:55,800 --> 00:09:57,480
Speaker 3: he gets a little bit of a say and how

208
00:09:57,520 --> 00:09:59,520
Speaker 3: he wants the golf course set up. So my job

209
00:09:59,559 --> 00:10:02,280
Speaker 3: would be to figure out what Mike's leaning to, what

210
00:10:02,360 --> 00:10:05,520
Speaker 3: he wants to see, and that'll help me, I think,

211
00:10:05,600 --> 00:10:09,160
Speaker 3: prepare my team and also possibly choose my team wisely

212
00:10:09,200 --> 00:10:10,400
Speaker 3: on how the golf course is set up.

213
00:10:10,400 --> 00:10:13,439
Speaker 5: Well, Michael Scarlett, I mean just you know, for your information.

214
00:10:13,679 --> 00:10:15,679
Speaker 5: By way of distinction, I think Royal Montreal is the

215
00:10:15,720 --> 00:10:19,080
Speaker 5: oldest golf course in North America, which is saying something.

216
00:10:19,120 --> 00:10:22,280
Speaker 5: But let's switch to another golf course, Los Angeles Country Club,

217
00:10:22,320 --> 00:10:25,880
Speaker 5: which is home to this year's US Open. I mean,

218
00:10:26,280 --> 00:10:28,480
Speaker 5: everyone knows, Jim Furick, you had the low seventy two

219
00:10:28,559 --> 00:10:31,760
Speaker 5: hole score in US Open history. Back on the North

220
00:10:31,760 --> 00:10:34,600
Speaker 5: course of Olympia Fields, talk to us about this year's event.

221
00:10:34,640 --> 00:10:36,880
Speaker 5: What can we expect from Los Angeles. I don't think

222
00:10:36,840 --> 00:10:38,120
Speaker 5: they've had a US opening some time.

223
00:10:38,320 --> 00:10:41,400
Speaker 3: Yeah, they have not. It's one I'm a big fan

224
00:10:41,440 --> 00:10:44,640
Speaker 3: of LA Country Club. The first time I drove there,

225
00:10:45,240 --> 00:10:47,280
Speaker 3: I couldn't believe a golf course was going to pop up.

226
00:10:47,320 --> 00:10:49,920
Speaker 3: I'm in their skyscrapers, buildings. I felt like I was

227
00:10:49,920 --> 00:10:52,520
Speaker 3: in the city and I was looking at my GPS

228
00:10:52,640 --> 00:10:55,240
Speaker 3: on my phone. One there's no way there're the beautiful

229
00:10:55,240 --> 00:10:57,680
Speaker 3: country club that's going to pop up. And there it is,

230
00:10:57,760 --> 00:10:59,640
Speaker 3: and so the actor op. I think it's going to

231
00:10:59,640 --> 00:11:01,640
Speaker 3: show out great on TV. I think the players are

232
00:11:01,640 --> 00:11:04,360
Speaker 3: going to love the golf course. The USGA has gone in,

233
00:11:04,720 --> 00:11:07,920
Speaker 3: gone in and made some significant changes, and I haven't

234
00:11:07,920 --> 00:11:10,040
Speaker 3: been there in a couple of years, so I'm kind

235
00:11:10,040 --> 00:11:11,800
Speaker 3: of anxious to see it. But uh, you know, the

236
00:11:12,160 --> 00:11:14,600
Speaker 3: us opens a soft spot in my heart. It's the

237
00:11:14,600 --> 00:11:16,560
Speaker 3: one major championship I was able to win in my

238
00:11:16,600 --> 00:11:21,200
Speaker 3: career and I've always enjoyed that tough, difficult, narrow, fair

239
00:11:21,240 --> 00:11:23,839
Speaker 3: away high rough I mean penal. It's not going to

240
00:11:23,880 --> 00:11:26,719
Speaker 3: be fair always, but the player that really is in

241
00:11:26,840 --> 00:11:29,680
Speaker 3: control of not only his physical game but also his

242
00:11:29,760 --> 00:11:32,200
Speaker 3: emotion because the guy's going to succeed there, and that

243
00:11:32,320 --> 00:11:35,280
Speaker 3: term has gotten the better me more than I've more

244
00:11:35,320 --> 00:11:37,080
Speaker 3: than I've done well at the US Open. The US

245
00:11:37,080 --> 00:11:40,000
Speaker 3: haven't beat me up. But I like that style of golf.

246
00:11:40,000 --> 00:11:42,640
Speaker 3: I like to grind it out and La Country Cup.

247
00:11:42,679 --> 00:11:43,920
Speaker 3: I think it's gonna be a wonderful venue.

248
00:11:44,040 --> 00:11:47,720
Speaker 1: I think it's neat how golf has evolved because many

249
00:11:47,760 --> 00:11:50,200
Speaker 1: people way back in the day used to look at

250
00:11:50,240 --> 00:11:53,360
Speaker 1: it as the rich man's sport, and everybody was named

251
00:11:53,360 --> 00:11:55,640
Speaker 1: thirst and who was on the cool was.

252
00:11:56,160 --> 00:11:58,640
Speaker 4: And now it is I had a number after their name.

253
00:11:58,880 --> 00:12:06,080
Speaker 1: Yeah, now has changed. It is it's everybody is involved.

254
00:12:06,520 --> 00:12:11,040
Speaker 1: I have a dear friend from childhood back in Southwest Detroit,

255
00:12:11,559 --> 00:12:13,040
Speaker 1: and I was telling him. I said, Hey, you know,

256
00:12:13,080 --> 00:12:16,920
Speaker 1: I'm gonna interview Jim Furick, and he said, don't embarrass

257
00:12:16,960 --> 00:12:20,360
Speaker 1: Southwest Detroit. It was like, you know, this is a

258
00:12:20,440 --> 00:12:24,000
Speaker 1: new thing here today. So Mark, I'm not going to

259
00:12:24,080 --> 00:12:26,920
Speaker 1: embarrass Southwest Detroit. So I'm when I ask Jim Furick,

260
00:12:27,679 --> 00:12:30,600
Speaker 1: what do you think about how the sport has evolved

261
00:12:30,640 --> 00:12:33,959
Speaker 1: and you're seeing younger people involved in it, You're seeing

262
00:12:34,120 --> 00:12:39,520
Speaker 1: all different inclusions involved in the sport. Your thoughts about that.

263
00:12:39,760 --> 00:12:41,920
Speaker 3: Yeah, I think that's part of if you look at

264
00:12:41,960 --> 00:12:45,080
Speaker 3: those the governing bodies say, and we'll just take it

265
00:12:45,080 --> 00:12:46,920
Speaker 3: here in the United States, not only around the world,

266
00:12:47,000 --> 00:12:49,240
Speaker 3: but you've got the USGA, the PJ of America, the

267
00:12:49,280 --> 00:12:53,440
Speaker 3: PGA Tour, the LPGA. I think trying to in order

268
00:12:53,480 --> 00:12:55,760
Speaker 3: for the game to grow, as you mentioned, you have

269
00:12:55,880 --> 00:12:59,319
Speaker 3: to bring new folks into the game, and so you know,

270
00:12:59,360 --> 00:13:01,640
Speaker 3: maybe the pg Tour, one of their big initiatives, was

271
00:13:01,720 --> 00:13:03,880
Speaker 3: the first t So you're introducing the game to a

272
00:13:03,920 --> 00:13:08,000
Speaker 3: lot of kids, inner city in areas where maybe they

273
00:13:08,040 --> 00:13:09,840
Speaker 3: would not have been introduced to the game. Now they

274
00:13:09,960 --> 00:13:14,320
Speaker 3: become a fan, they grow up. Surely, Tiger Woods coming

275
00:13:14,360 --> 00:13:16,679
Speaker 3: on the scene in the in the mid to late

276
00:13:16,760 --> 00:13:20,600
Speaker 3: nineties and bringing a lot of folks to the game.

277
00:13:20,920 --> 00:13:23,719
Speaker 3: Not only that work golfers, but we'll say athletes. And

278
00:13:24,280 --> 00:13:25,840
Speaker 3: I think when you look at the athlete now you

279
00:13:25,840 --> 00:13:28,960
Speaker 3: look at the PGA Tour player, you're seeing a bigger, stronger,

280
00:13:29,120 --> 00:13:33,479
Speaker 3: more athletic player playing the game, and you're seeing distances.

281
00:13:33,920 --> 00:13:36,360
Speaker 3: I know, equipment hits the ball farther these days, but

282
00:13:36,400 --> 00:13:39,000
Speaker 3: these athletes are bigger and stronger as well, and they're training,

283
00:13:40,520 --> 00:13:42,839
Speaker 3: their training regiments are way different than they were when

284
00:13:42,840 --> 00:13:44,880
Speaker 3: I started playing the tour. So I think that's a

285
00:13:44,920 --> 00:13:47,640
Speaker 3: big initiative. You've got the drive chip and putt where

286
00:13:47,679 --> 00:13:51,080
Speaker 3: you're at Augusta National, the USGA and the PGA of

287
00:13:51,080 --> 00:13:54,480
Speaker 3: America involved in getting kids into the game. So I

288
00:13:55,160 --> 00:13:57,760
Speaker 3: think that's the goal of all the governing bodies is

289
00:13:58,200 --> 00:14:02,640
Speaker 3: to reach as many different folks as they can to

290
00:14:02,720 --> 00:14:05,280
Speaker 3: grow this game. And it's a wonderful game. Not only

291
00:14:05,640 --> 00:14:07,720
Speaker 3: I know I play it for a living, but you know,

292
00:14:07,800 --> 00:14:09,840
Speaker 3: this is a game you want your children playing. If

293
00:14:09,880 --> 00:14:12,840
Speaker 3: they're at the golf course, they're around adults, They're around

294
00:14:13,520 --> 00:14:17,000
Speaker 3: a game that's built on a tradition and a set

295
00:14:17,000 --> 00:14:20,600
Speaker 3: of rules and calling penalties on yourself and it teaches

296
00:14:20,640 --> 00:14:23,120
Speaker 3: you a lot about yourself and I think life in general.

297
00:14:23,160 --> 00:14:26,200
Speaker 3: And so I think the more we can introduce folks

298
00:14:26,240 --> 00:14:26,920
Speaker 3: to it, the better off.

299
00:14:27,440 --> 00:14:31,520
Speaker 1: You had mentioned Tiger Woods and now you're seeing the

300
00:14:31,560 --> 00:14:35,160
Speaker 1: evolution of the sport. I mean Tiger Woods. And I'm

301
00:14:35,240 --> 00:14:39,200
Speaker 1: just as guilty as a sports guy broadcasting. You know,

302
00:14:39,680 --> 00:14:41,960
Speaker 1: people could be leading on the on the board and

303
00:14:42,320 --> 00:14:45,120
Speaker 1: I'm like, in Tiger Woods is ninth, he's like two

304
00:14:45,200 --> 00:14:49,560
Speaker 1: back and we're going to mention Tiger Woods, but there's

305
00:14:49,600 --> 00:14:55,400
Speaker 1: an evolution and you're seeing it now. I definitely think

306
00:14:55,600 --> 00:14:59,680
Speaker 1: the sport is still going to be huge in popularity

307
00:15:00,760 --> 00:15:04,800
Speaker 1: because one day Tiger Woods will move on and there's

308
00:15:04,840 --> 00:15:06,120
Speaker 1: going to be a new Tiger Woods.

309
00:15:06,160 --> 00:15:08,960
Speaker 2: And your thoughts, oh absolutely.

310
00:15:09,000 --> 00:15:10,600
Speaker 3: I think you look at the history of the game,

311
00:15:12,200 --> 00:15:16,600
Speaker 3: Ben Hogan, Byron Nelson moving into Jack Nicholas and Arnold

312
00:15:16,640 --> 00:15:23,000
Speaker 3: Palmer moving into you know a number of different players

313
00:15:22,760 --> 00:15:27,200
Speaker 3: that probably ruled in the eighties and then kind of

314
00:15:27,240 --> 00:15:30,360
Speaker 3: Tiger Woods. There's always been these transcendent players that have

315
00:15:30,600 --> 00:15:34,080
Speaker 3: drawn folks to the game. You know, Hogan was a

316
00:15:34,080 --> 00:15:38,000
Speaker 3: machine and Arnold Palmer I just had a way to

317
00:15:38,040 --> 00:15:41,000
Speaker 3: connect with folks, you know, Arnie's army and bringing people

318
00:15:41,040 --> 00:15:43,360
Speaker 3: into the game, and he was a big, strong, handsome

319
00:15:43,400 --> 00:15:48,200
Speaker 3: athletic player as well. And then Jack Nicholas, big strong

320
00:15:48,280 --> 00:15:50,920
Speaker 3: man that bombed the ball by everyone and technically broke

321
00:15:50,960 --> 00:15:54,720
Speaker 3: golf courses down. You always have those transcendent players, and

322
00:15:56,000 --> 00:15:57,960
Speaker 3: I think a big boost for the PGA tour in

323
00:15:58,040 --> 00:16:02,760
Speaker 3: general when Tiger was hurt, when basically all of our marketing,

324
00:16:02,880 --> 00:16:05,960
Speaker 3: the face of the boor for fifteen years was one

325
00:16:06,040 --> 00:16:09,440
Speaker 3: player and all of a sudden, he's hurt. He's you know,

326
00:16:09,640 --> 00:16:12,080
Speaker 3: not playing that many PGA Tour events, and the tour

327
00:16:12,160 --> 00:16:15,800
Speaker 3: then turned into kind of marketing a group of young stars,

328
00:16:15,800 --> 00:16:18,520
Speaker 3: and you go back to you know, Dustin Johnson, Brooks Keppa,

329
00:16:18,920 --> 00:16:24,080
Speaker 3: Justin Thomas, Jordan Speth, Rory McElroy, John Rahm, Justin Rose.

330
00:16:24,120 --> 00:16:28,360
Speaker 3: I mean, we had a whole corral of wonderful young players,

331
00:16:28,560 --> 00:16:31,800
Speaker 3: and you know, the tour thrive. They did well with

332
00:16:31,840 --> 00:16:35,760
Speaker 3: that as well, and it brought new faces and folks

333
00:16:35,800 --> 00:16:39,560
Speaker 3: for the fans to love. And yeah, and someone will

334
00:16:40,080 --> 00:16:43,560
Speaker 3: you know, no one's really had the dominance that say

335
00:16:43,680 --> 00:16:47,960
Speaker 3: Tagger did in the year two thousand, but John Rahm

336
00:16:48,040 --> 00:16:52,040
Speaker 3: and Rory and surely those guys are challenging to try

337
00:16:52,040 --> 00:16:52,680
Speaker 3: to take over.

338
00:16:52,600 --> 00:16:53,240
Speaker 2: The game of golf.

339
00:16:53,360 --> 00:16:55,040
Speaker 5: Jim, I thought Michael was going to ask you about

340
00:16:55,080 --> 00:16:59,440
Speaker 5: the two thousand and one WGCNC Invitational when seventh, all

341
00:16:59,480 --> 00:17:03,040
Speaker 5: of a sudden playoff between you and Tiger. So but no, seriously,

342
00:17:03,080 --> 00:17:05,160
Speaker 5: I mean, forget about stroke play. Let's talk match play

343
00:17:05,160 --> 00:17:06,800
Speaker 5: here with President's Cup. You know, talk to us a

344
00:17:06,840 --> 00:17:10,680
Speaker 5: little bit about you know, you know, what's the difference here.

345
00:17:10,720 --> 00:17:12,119
Speaker 5: You know, what kind of player are you looking for

346
00:17:12,240 --> 00:17:16,360
Speaker 5: to represent the US in next year's mat Yeah.

347
00:17:16,240 --> 00:17:18,240
Speaker 3: I think there's guys that have a history of match

348
00:17:18,240 --> 00:17:21,320
Speaker 3: play and that really like that format of golf. I

349
00:17:21,359 --> 00:17:25,280
Speaker 3: think it affords a player to be a little more aggressive,

350
00:17:25,480 --> 00:17:29,280
Speaker 3: especially in the team portion of it. But you know,

351
00:17:29,600 --> 00:17:31,399
Speaker 3: if you go ahead and you make a high number

352
00:17:31,440 --> 00:17:33,320
Speaker 3: on a hole in eight to nine to ten, because

353
00:17:33,320 --> 00:17:35,639
Speaker 3: you're being overly aggressive, you only lose one hole, you

354
00:17:35,680 --> 00:17:39,080
Speaker 3: don't lose six shots to park. And so you see

355
00:17:39,119 --> 00:17:41,240
Speaker 3: a lot of amazing things and a lot of low

356
00:17:41,359 --> 00:17:45,760
Speaker 3: scoring in a match play type of event because it

357
00:17:45,920 --> 00:17:49,560
Speaker 3: just lends itself to being aggressive. I think you're looking

358
00:17:49,600 --> 00:17:52,960
Speaker 3: for headstrong players, guys that never quit. Yeah, you're looking

359
00:17:53,000 --> 00:17:56,840
Speaker 3: for some experience, and then you're kind of looking towards

360
00:17:56,960 --> 00:18:00,320
Speaker 3: you know, who's in recent form, who's been playing well

361
00:18:00,359 --> 00:18:03,720
Speaker 3: this season. You're always going to it's nice to have

362
00:18:03,800 --> 00:18:06,160
Speaker 3: young players on the team as well, first timers. It's

363
00:18:06,160 --> 00:18:09,320
Speaker 3: a breath of fresh air. It provides an energy, and

364
00:18:09,359 --> 00:18:11,120
Speaker 3: I think as a captain, you always have to look

365
00:18:11,160 --> 00:18:13,400
Speaker 3: at the golf course. You have to look at not

366
00:18:13,440 --> 00:18:16,160
Speaker 3: only the course itself, but the setup. How are they

367
00:18:16,160 --> 00:18:17,720
Speaker 3: going to set this golf course up. They're going to

368
00:18:17,720 --> 00:18:20,280
Speaker 3: set it up wide open, with very little rough where

369
00:18:20,280 --> 00:18:22,480
Speaker 3: a guy can take, you know, bombit and take advantage

370
00:18:23,080 --> 00:18:25,639
Speaker 3: of the golf course with a links not necessarily accuracy.

371
00:18:25,760 --> 00:18:27,719
Speaker 3: Or when we go to the Ryder Cup in Europe,

372
00:18:27,720 --> 00:18:30,199
Speaker 3: we always see narrow fairways, heavy rough. You have to

373
00:18:30,200 --> 00:18:31,919
Speaker 3: get the ball in play, and you're looking for some

374
00:18:31,960 --> 00:18:35,040
Speaker 3: accurate guys off the tee as well and a good combo.

375
00:18:35,160 --> 00:18:37,280
Speaker 3: So you know, there's a lot that goes into it.

376
00:18:37,320 --> 00:18:40,640
Speaker 3: I think right now, my big you know, my big

377
00:18:40,680 --> 00:18:45,080
Speaker 3: concern is being an away captain. I don't have control

378
00:18:45,200 --> 00:18:48,000
Speaker 3: over the golf course or the setup. The home captain

379
00:18:48,480 --> 00:18:51,200
Speaker 3: gets to suggest how he wants to see the golf course.

380
00:18:51,240 --> 00:18:53,439
Speaker 3: So I need to figure out what Mike Weir wants.

381
00:18:53,720 --> 00:18:55,920
Speaker 3: I'll be talking to the staff that sets the golf

382
00:18:55,920 --> 00:18:58,879
Speaker 3: course up and trying to find out, all right, what

383
00:18:58,920 --> 00:19:00,880
Speaker 3: does Mike want for the golf course. And that'll help

384
00:19:00,920 --> 00:19:04,639
Speaker 3: me a little bit. You know, that'll affect probably a

385
00:19:04,680 --> 00:19:07,119
Speaker 3: pick or two for me for sure on guys that

386
00:19:07,160 --> 00:19:08,600
Speaker 3: I want on the team that I need to kind

387
00:19:08,600 --> 00:19:11,560
Speaker 3: of round out that will. You know, I'm a big

388
00:19:11,600 --> 00:19:13,040
Speaker 3: believer in the horses for courses.

389
00:19:14,640 --> 00:19:16,520
Speaker 1: Listen before we let you go, Jim, I want to

390
00:19:16,600 --> 00:19:20,760
Speaker 1: talk about some of your other business interest, especially something

391
00:19:20,880 --> 00:19:23,600
Speaker 1: I'm assuming it is very near and dear to your heart,

392
00:19:23,920 --> 00:19:28,040
Speaker 1: The Jim and Tabitha Furick Foundation. Tell us about that.

393
00:19:28,960 --> 00:19:31,880
Speaker 3: Yeah, my wife and I started a charitable foundation in

394
00:19:31,880 --> 00:19:34,600
Speaker 3: twenty ten and we have been helping a lot of

395
00:19:34,640 --> 00:19:39,840
Speaker 3: local charities in Northeast Florida, mainly our local children's hospital

396
00:19:39,880 --> 00:19:42,560
Speaker 3: and a lot of different children's charities. I had a

397
00:19:42,560 --> 00:19:46,080
Speaker 3: great season in twenty ten and it was kind of

398
00:19:46,400 --> 00:19:48,920
Speaker 3: a strike while the iron was hot. We started our foundation.

399
00:19:49,080 --> 00:19:52,320
Speaker 3: We started a small charity event, golf tournament and kind

400
00:19:52,359 --> 00:19:57,560
Speaker 3: of concert. We tried to wrap everything that we enjoyed, golf, music,

401
00:19:58,600 --> 00:20:01,200
Speaker 3: maybe a cocktailer too, try to put it all together

402
00:20:01,280 --> 00:20:04,600
Speaker 3: in an event for everyone. And golf really wasn't the

403
00:20:04,600 --> 00:20:07,720
Speaker 3: most important thing. It was about bringing folks together to

404
00:20:07,800 --> 00:20:10,000
Speaker 3: raise some money for charity in Northeast Florida. And with

405
00:20:10,080 --> 00:20:11,840
Speaker 3: that event we were able to raise about a half

406
00:20:11,840 --> 00:20:14,800
Speaker 3: a million dollars a year. And as I approached fifty,

407
00:20:15,320 --> 00:20:18,880
Speaker 3: we decided that maybe we'd take a shot at hosting

408
00:20:18,880 --> 00:20:21,399
Speaker 3: a PJ Tour champions event. So a senior Tour event

409
00:20:21,440 --> 00:20:23,480
Speaker 3: in Jacksonville, in our hometown, and so we do that

410
00:20:23,560 --> 00:20:27,000
Speaker 3: the first week of October. It's the Constellation Puritan Friends

411
00:20:27,040 --> 00:20:30,479
Speaker 3: and with the help of so many great corporations, our

412
00:20:30,520 --> 00:20:36,080
Speaker 3: title sponsors, Constellation Circle K as our presenting sponsor, and

413
00:20:36,119 --> 00:20:39,400
Speaker 3: with these wonderful companies, with all the support from our

414
00:20:39,480 --> 00:20:42,320
Speaker 3: community and folks really all around the country. Last year

415
00:20:42,359 --> 00:20:44,320
Speaker 3: we were able to raise one point three million dollars

416
00:20:44,400 --> 00:20:47,400
Speaker 3: and host a Champions Tour event in Jacksonville. So we've

417
00:20:47,400 --> 00:20:50,159
Speaker 3: had two of them and kind of now the sky's

418
00:20:50,200 --> 00:20:52,520
Speaker 3: the limit to grow and to reach out, you know,

419
00:20:52,600 --> 00:20:56,360
Speaker 3: and anyone listening in your own community where you live,

420
00:20:56,520 --> 00:21:00,520
Speaker 3: there are definitely wonderful charities and folks in and so

421
00:21:01,480 --> 00:21:03,720
Speaker 3: the more you kind of start scratching the surface and

422
00:21:04,080 --> 00:21:06,760
Speaker 3: doing work in your local community, the more you learn

423
00:21:06,840 --> 00:21:09,680
Speaker 3: that there's even a greater need. So this event's gonna

424
00:21:10,040 --> 00:21:12,600
Speaker 3: help our foundation kind of reach out to more folks

425
00:21:12,640 --> 00:21:15,040
Speaker 3: and make a bigger impact in Marthy's Florida.

426
00:21:15,119 --> 00:21:20,080
Speaker 1: And as you mentioned before, you Jim Buick, before there

427
00:21:20,119 --> 00:21:23,000
Speaker 1: was a Tiger Woods, before there was an Arnold Palmer,

428
00:21:23,080 --> 00:21:27,440
Speaker 1: before there was a Jack Nicholas, there was Bobby Jones,

429
00:21:27,480 --> 00:21:29,760
Speaker 1: I mean, we can go on. Man, It's like everybody

430
00:21:29,840 --> 00:21:32,440
Speaker 1: was looking up. But there's a story about Bobby Jones.

431
00:21:32,640 --> 00:21:35,040
Speaker 1: I know we got to go. But this is I

432
00:21:35,080 --> 00:21:37,480
Speaker 1: don't know if they had the Golf channel and they

433
00:21:37,560 --> 00:21:40,040
Speaker 1: used to show I think like golfing aces or something,

434
00:21:40,520 --> 00:21:45,879
Speaker 1: and they had a camera, a film camera on the

435
00:21:45,920 --> 00:21:51,160
Speaker 1: golf course and Bobby Jones is whizzing his drives right

436
00:21:51,320 --> 00:21:55,280
Speaker 1: by the camera. Well, he was so accurate that he

437
00:21:55,440 --> 00:21:59,640
Speaker 1: hit one shot and it went right into the lens.

438
00:22:00,000 --> 00:22:02,919
Speaker 1: Can see the ball right there. It's like you and

439
00:22:02,960 --> 00:22:07,120
Speaker 1: the announcers like, well, we just lost an expensive lens, said,

440
00:22:07,200 --> 00:22:11,439
Speaker 1: yes you did, because as Bobby Jones doing it, that's

441
00:22:11,560 --> 00:22:15,360
Speaker 1: and to show you the talent, it's it's never wavered.

442
00:22:15,400 --> 00:22:18,440
Speaker 1: And like you said, even with today's new equipment, you

443
00:22:18,880 --> 00:22:21,919
Speaker 1: had guys like Bobby Jones and all those guys that

444
00:22:22,000 --> 00:22:23,640
Speaker 1: were just so talented so.

445
00:22:23,880 --> 00:22:24,879
Speaker 5: That the equipment helps, right.

446
00:22:25,200 --> 00:22:27,600
Speaker 3: They tested, I mean he was he was hitting with

447
00:22:27,960 --> 00:22:31,640
Speaker 3: you know, a hickory shaft, and he would test his equipment.

448
00:22:31,680 --> 00:22:33,600
Speaker 3: I believe that I could be wrong, but I believe

449
00:22:33,600 --> 00:22:37,680
Speaker 3: he was a Wilson staff member and they would send

450
00:22:37,760 --> 00:22:40,840
Speaker 3: him a collection of irons like maybe he would try

451
00:22:40,880 --> 00:22:43,200
Speaker 3: out five different seven irons and he'd pick the one

452
00:22:43,240 --> 00:22:45,680
Speaker 3: out of the set that he liked. And later on

453
00:22:45,720 --> 00:22:47,920
Speaker 3: when they had better equipment, you know, and they could

454
00:22:48,000 --> 00:22:51,440
Speaker 3: test his equipment and test the flex and the frequency

455
00:22:51,440 --> 00:22:54,560
Speaker 3: of shafts, and it was amazing how close, like just

456
00:22:54,600 --> 00:22:56,399
Speaker 3: by feel he could kind of get all of his

457
00:22:56,440 --> 00:23:01,400
Speaker 3: equipment in the same space. So, you know, obviously amazing

458
00:23:01,520 --> 00:23:04,320
Speaker 3: talent and the first to whatever win a Grand Slam.

459
00:23:05,000 --> 00:23:11,080
Speaker 1: Jim Surick pro Golfer PGA Tour. He will now he is,

460
00:23:11,200 --> 00:23:14,600
Speaker 1: just because he's just talented. Seventeen time PGA Tour winner

461
00:23:15,119 --> 00:23:18,120
Speaker 1: name the US team captain for the twenty twenty four

462
00:23:18,640 --> 00:23:21,240
Speaker 1: President's Cup. Jim, thank you so much for joining us

463
00:23:21,280 --> 00:23:22,760
Speaker 1: on the Bloomberg Business of Sports here.

464
00:23:23,160 --> 00:23:24,480
Speaker 3: I appreciate you having me. Thank you.

465
00:23:25,240 --> 00:23:28,760
Speaker 1: Up next on the show, NFL Hall of Famer Mike

466
00:23:29,160 --> 00:23:33,680
Speaker 1: single Terry joins the program to talk some football and

467
00:23:33,840 --> 00:23:36,879
Speaker 1: about the importance of brain health and mental wellness. It's

468
00:23:36,880 --> 00:23:39,280
Speaker 1: great ahead on the Bloomberg Business of Sports.

469
00:23:39,400 --> 00:23:42,480
Speaker 5: I'm Michael Barr, I'm Scarlett Poo, and I'm Damian Sas hour.

470
00:23:42,720 --> 00:23:45,840
Speaker 5: You're listening to Bloomberg Radio around the world.

471
00:23:51,800 --> 00:23:55,000
Speaker 1: Welcome back to the Bloomberg Business of Sports podcast. I'm

472
00:23:55,000 --> 00:23:57,920
Speaker 1: Michael Barr, I'm Scarlett Foo, and I'm Damian sas Hour.

473
00:23:58,240 --> 00:24:02,359
Speaker 1: Oh my goodness. We have Pro Football Hall of Famer,

474
00:24:02,480 --> 00:24:07,280
Speaker 1: super Bowl champion, eight time All Pro and former head

475
00:24:07,320 --> 00:24:11,400
Speaker 1: coach of the San Francisco forty nine ers, Mike Singletary.

476
00:24:11,640 --> 00:24:16,760
Speaker 1: And when you think of Singletary, that's coach Singletary. You

477
00:24:16,840 --> 00:24:21,120
Speaker 1: think of one of the most impassioned post game speeches

478
00:24:21,320 --> 00:24:23,120
Speaker 1: ever given in the NFL.

479
00:24:23,680 --> 00:24:27,080
Speaker 2: Cannot play with him, cannot win with him, cannot coach

480
00:24:27,119 --> 00:24:27,440
Speaker 2: with him.

481
00:24:27,640 --> 00:24:31,199
Speaker 1: Can't do it. I want winners. I want people that

482
00:24:31,280 --> 00:24:36,280
Speaker 1: want to win. Yeah, Mike, I promise we're all winners here.

483
00:24:36,320 --> 00:24:40,040
Speaker 1: Mike Singletary. Welcome to the Bloomberg Business of Sports.

484
00:24:40,240 --> 00:24:41,320
Speaker 2: Thank you pleasure.

485
00:24:42,080 --> 00:24:46,399
Speaker 1: Well, Mike, I told my wife just before I was

486
00:24:46,440 --> 00:24:49,040
Speaker 1: ready to leave for work, and I waited till the

487
00:24:49,119 --> 00:24:51,600
Speaker 1: last minute. I said, oh yeah, babe, By the way,

488
00:24:51,840 --> 00:24:55,800
Speaker 1: we're interviewing Mike Singletary. And she says, what is like,

489
00:24:56,000 --> 00:24:59,760
Speaker 1: you waited until now to tell me this? So it

490
00:25:00,080 --> 00:25:03,640
Speaker 1: and it's great because you're the spokesperson for CCA's brain

491
00:25:03,760 --> 00:25:07,439
Speaker 1: health supplement new team. And she told me, is that Yeah,

492
00:25:07,560 --> 00:25:09,399
Speaker 1: you need to take a lot of it from waiting

493
00:25:09,480 --> 00:25:13,399
Speaker 1: now to tell me this. So Mike, thank you again

494
00:25:13,440 --> 00:25:17,280
Speaker 1: for joining us and tell us about the brain supplement here.

495
00:25:17,560 --> 00:25:21,200
Speaker 2: Well, you know, first of all, New teen is supplement

496
00:25:21,520 --> 00:25:26,640
Speaker 2: brain supplement, brain health supplement that I kind of come

497
00:25:26,680 --> 00:25:31,520
Speaker 2: in contact with and begin to learn about it. And

498
00:25:31,640 --> 00:25:35,560
Speaker 2: you know, since I've retired, I I've had several friends

499
00:25:35,600 --> 00:25:39,560
Speaker 2: and former teammates, what have you become more forgetful, And

500
00:25:39,640 --> 00:25:42,000
Speaker 2: I'm thinking, hey, I need to get ahead of this

501
00:25:42,160 --> 00:25:46,120
Speaker 2: and make sure that I know everything that I can

502
00:25:46,280 --> 00:25:50,120
Speaker 2: and do everything that I can to help my friends

503
00:25:50,240 --> 00:25:53,800
Speaker 2: or former teammates come in contact with things that can

504
00:25:53,840 --> 00:25:56,680
Speaker 2: really help them. And New Team was definitely one of them,

505
00:25:57,200 --> 00:25:59,240
Speaker 2: and very excited to be a part of it.

506
00:25:59,520 --> 00:26:02,280
Speaker 4: Yeah, something that we're very mindful of given some of

507
00:26:02,320 --> 00:26:05,280
Speaker 4: the incidents that occurred in the last season as well.

508
00:26:05,640 --> 00:26:08,520
Speaker 4: Now that NFL ochis are underway, do you see the

509
00:26:08,600 --> 00:26:13,240
Speaker 4: league Do you see teams addressing the issues of head

510
00:26:13,280 --> 00:26:15,920
Speaker 4: injuries in a in a more productive way?

511
00:26:16,359 --> 00:26:19,560
Speaker 2: I do. I think the league is doing the best

512
00:26:19,640 --> 00:26:23,720
Speaker 2: that they can in order to address some of the

513
00:26:24,359 --> 00:26:30,240
Speaker 2: head injury brain injury type injuries on the field. Sometimes

514
00:26:30,280 --> 00:26:33,840
Speaker 2: it can be a little frustrating, but I can see

515
00:26:33,840 --> 00:26:37,120
Speaker 2: that they're doing everything they can to try and protect

516
00:26:37,200 --> 00:26:39,879
Speaker 2: the game, and I think that's really important.

517
00:26:40,080 --> 00:26:42,200
Speaker 5: So Mike, I mean, you know, let's think about what's

518
00:26:42,240 --> 00:26:44,520
Speaker 5: going on this offseason. You know, we've had some rule changes,

519
00:26:44,560 --> 00:26:46,919
Speaker 5: you know, to protect players from injury. You know, this

520
00:26:47,000 --> 00:26:49,000
Speaker 5: new kickoff rule where I think you can have a

521
00:26:49,040 --> 00:26:50,920
Speaker 5: fair catch, you know down that the twenty five yard

522
00:26:50,920 --> 00:26:53,960
Speaker 5: line doesn't matter where the where it's caught. But you know,

523
00:26:54,160 --> 00:26:56,600
Speaker 5: let's talk more about, you know, some of the offseason moves.

524
00:26:56,640 --> 00:26:58,120
Speaker 5: I mean, I'm a New York Jet fan. I gets

525
00:26:58,160 --> 00:27:00,520
Speaker 5: root for Art Rodgers. Now, you know, you've got a

526
00:27:00,520 --> 00:27:03,120
Speaker 5: lot of movement, a lot of big contracts going out,

527
00:27:03,119 --> 00:27:06,399
Speaker 5: to quarterbacks resigning like Hurts and Lamar Jackson. Talk to

528
00:27:06,480 --> 00:27:07,840
Speaker 5: a little bit about the lay of the land as

529
00:27:07,840 --> 00:27:09,879
Speaker 5: we head into you know, summer camp and then the

530
00:27:09,960 --> 00:27:10,440
Speaker 5: next season.

531
00:27:10,600 --> 00:27:13,320
Speaker 2: Well, I think, you know, first of all, when when

532
00:27:13,359 --> 00:27:16,400
Speaker 2: you look at the game, I think the first person

533
00:27:16,440 --> 00:27:18,960
Speaker 2: that they're they're going to look to protect the quarterback.

534
00:27:19,119 --> 00:27:22,360
Speaker 2: And I think that, you know, it's just the way

535
00:27:22,400 --> 00:27:24,720
Speaker 2: the game is. You know, you're passing the ball. More

536
00:27:24,960 --> 00:27:27,640
Speaker 2: people come to the game to they want to see

537
00:27:27,640 --> 00:27:30,399
Speaker 2: somebody that they can identify with, and of course the

538
00:27:30,480 --> 00:27:35,680
Speaker 2: quarterback is certainly the new Marshall in town every weekend,

539
00:27:35,760 --> 00:27:37,639
Speaker 2: week out, and you want to make sure you know

540
00:27:37,680 --> 00:27:40,960
Speaker 2: who that person is. And that gives you the best

541
00:27:41,040 --> 00:27:43,080
Speaker 2: chance to really win a game if you can keep

542
00:27:43,119 --> 00:27:46,280
Speaker 2: your quarterback healthy all season. So I think that's the

543
00:27:46,359 --> 00:27:49,160
Speaker 2: first thing that they want to do, and after that,

544
00:27:49,240 --> 00:27:51,240
Speaker 2: it's kind of like everybody else is going to do

545
00:27:51,320 --> 00:27:53,080
Speaker 2: the best that we can to protect you as well,

546
00:27:53,080 --> 00:27:54,880
Speaker 2: but we're definitely going to protect the quarterback.

547
00:27:55,040 --> 00:27:57,000
Speaker 1: Well. I know a lot of people out there are

548
00:27:57,240 --> 00:28:00,359
Speaker 1: asking Mike, you got to answer the LF and in

549
00:28:00,400 --> 00:28:02,960
Speaker 1: the room, So I'm going to ask the question. You

550
00:28:03,600 --> 00:28:08,439
Speaker 1: had just a magnificent career when you played for the

551
00:28:08,520 --> 00:28:12,520
Speaker 1: Chicago Bears and your coach, of course, was Mike Ditka.

552
00:28:13,560 --> 00:28:17,800
Speaker 1: How did that the learning experience from under Mike Ditka

553
00:28:18,119 --> 00:28:22,040
Speaker 1: carry over to coaching for the San Francisco forty nine ers.

554
00:28:22,240 --> 00:28:25,000
Speaker 2: You know, I think that when you look at guys

555
00:28:25,080 --> 00:28:31,040
Speaker 2: like Mike Ditka, Dan Reeves, certain guys that really had

556
00:28:31,920 --> 00:28:35,480
Speaker 2: a type of temperament that was toughness and the physicality

557
00:28:35,520 --> 00:28:39,040
Speaker 2: of the game, and those I think the game is

558
00:28:40,840 --> 00:28:42,800
Speaker 2: I think there are a lot of owners in the

559
00:28:42,920 --> 00:28:46,920
Speaker 2: NFL as a whole kind of afraid to have those

560
00:28:46,960 --> 00:28:53,640
Speaker 2: coaches because it kind of give you a physical mentality. Well,

561
00:28:53,640 --> 00:28:55,800
Speaker 2: we want to kind of move away from that, and

562
00:28:55,840 --> 00:28:58,120
Speaker 2: we want to be more business like. We want to

563
00:28:58,120 --> 00:29:02,320
Speaker 2: be more you know, tactical, we want to be more analytical,

564
00:29:02,360 --> 00:29:05,160
Speaker 2: you know, those kinds of things. And so for me,

565
00:29:06,560 --> 00:29:10,160
Speaker 2: in many ways, I just think the game is the

566
00:29:10,200 --> 00:29:14,400
Speaker 2: physicality that I believe in. I believe that you can

567
00:29:14,440 --> 00:29:17,719
Speaker 2: still play the game and be very physical and at

568
00:29:17,760 --> 00:29:22,040
Speaker 2: the same time be very healthy, play the game with

569
00:29:22,040 --> 00:29:23,800
Speaker 2: with with health in mind as well.

570
00:29:24,400 --> 00:29:27,480
Speaker 4: So, Mike, I guess one big question is are you

571
00:29:27,720 --> 00:29:30,040
Speaker 4: is this a pause before you enter the NFL coaching

572
00:29:30,120 --> 00:29:32,560
Speaker 4: rance again, is that in the cards for you?

573
00:29:32,560 --> 00:29:32,960
Speaker 1: You know what?

574
00:29:33,320 --> 00:29:37,600
Speaker 2: It's like this It just depends on the situation. I

575
00:29:37,920 --> 00:29:40,600
Speaker 2: think that it would have to be the right situation

576
00:29:40,800 --> 00:29:44,280
Speaker 2: and the right team, the right ownership or all of

577
00:29:44,320 --> 00:29:47,920
Speaker 2: those things. What's your situation, what's the ideal situation?

578
00:29:48,160 --> 00:29:50,080
Speaker 5: Yeah, that coaching the New York JS and Aaron Rodgers,

579
00:29:50,160 --> 00:29:50,720
Speaker 5: of course.

580
00:29:53,040 --> 00:29:56,440
Speaker 2: I would say first of all is being able to

581
00:29:56,480 --> 00:30:01,160
Speaker 2: go to a team where ownership is in racing of

582
00:30:02,560 --> 00:30:06,800
Speaker 2: an approach that could really come around the head coach

583
00:30:06,880 --> 00:30:12,440
Speaker 2: and really get behind the things that he believes and

584
00:30:12,480 --> 00:30:15,280
Speaker 2: in terms of this is the way we're going to

585
00:30:15,320 --> 00:30:17,400
Speaker 2: play the game, this is the way we're going to

586
00:30:17,520 --> 00:30:20,480
Speaker 2: go about drafting, this is the way we're gonna and

587
00:30:20,880 --> 00:30:26,040
Speaker 2: be able to have a GM that you know is

588
00:30:26,360 --> 00:30:30,920
Speaker 2: conducive to being able to not just be the liaison

589
00:30:31,000 --> 00:30:37,200
Speaker 2: between management and the coach, but all three heads kind

590
00:30:37,200 --> 00:30:41,960
Speaker 2: of come together and work together. And to me, that

591
00:30:41,960 --> 00:30:43,160
Speaker 2: that's kind of what you want.

592
00:30:43,680 --> 00:30:45,520
Speaker 5: I mean, talk to us a little bit about that experience.

593
00:30:45,520 --> 00:30:47,320
Speaker 5: I mean, you were drafted by the Bears in eighty one.

594
00:30:47,360 --> 00:30:49,560
Speaker 5: You played not just from Mike Dick, but for Buddy

595
00:30:49,600 --> 00:30:51,920
Speaker 5: Ryan and that forty six defense that he built around you.

596
00:30:51,920 --> 00:30:54,120
Speaker 5: You know, you played with people like Jim McMahon, Walter

597
00:30:54,200 --> 00:30:57,040
Speaker 5: Pate and Richard Dent the fridge I mean, I mean

598
00:30:57,080 --> 00:30:59,600
Speaker 5: your Samurai, Mike, you Stophaim Cole. Talk to us about

599
00:30:59,600 --> 00:31:02,000
Speaker 5: that experience. Talk to us about that team, Talk to

600
00:31:02,080 --> 00:31:03,880
Speaker 5: us about those players. I mean, are you still in

601
00:31:03,920 --> 00:31:05,479
Speaker 5: touch with them? I mean, are you still close with them?

602
00:31:05,520 --> 00:31:05,680
Speaker 3: All?

603
00:31:05,840 --> 00:31:07,560
Speaker 1: You know, nice hugged out coaches.

604
00:31:07,720 --> 00:31:13,840
Speaker 2: You know, you know what I do, I check on

605
00:31:13,920 --> 00:31:17,320
Speaker 2: the guys from time to time, and of course, you know,

606
00:31:17,360 --> 00:31:20,880
Speaker 2: we're all going in a million miles in different directions,

607
00:31:20,960 --> 00:31:22,520
Speaker 2: and we see each other on the road, and we

608
00:31:22,600 --> 00:31:25,800
Speaker 2: see each other at events, and from time to time

609
00:31:25,800 --> 00:31:28,880
Speaker 2: you get together in Chicago and absolutely it was a

610
00:31:28,880 --> 00:31:32,440
Speaker 2: great team. It was a great experience, a great opportunity

611
00:31:32,480 --> 00:31:36,360
Speaker 2: to really be around some guys that really loved the

612
00:31:36,400 --> 00:31:41,120
Speaker 2: game and hated to lose, and so it was. It

613
00:31:41,200 --> 00:31:43,840
Speaker 2: was a great experience. It's amazing. It's a sad thing

614
00:31:43,880 --> 00:31:47,280
Speaker 2: that as you go through life and you're experiencing special moments,

615
00:31:47,360 --> 00:31:49,480
Speaker 2: you don't know it's a special moment at the time

616
00:31:50,200 --> 00:31:52,760
Speaker 2: until some time passed and you look back and go, wow,

617
00:31:52,920 --> 00:31:54,600
Speaker 2: that was really a great, great time.

618
00:31:54,840 --> 00:31:57,040
Speaker 1: By the way, man, I like the way you looked

619
00:31:57,040 --> 00:31:59,160
Speaker 1: when you did the Super Bowl shuffle. That was good.

620
00:31:59,280 --> 00:32:08,240
Speaker 1: Many I will never forget that you you were part

621
00:32:08,320 --> 00:32:13,680
Speaker 1: of a groundbreaking group, part of a minority head coach

622
00:32:14,000 --> 00:32:18,120
Speaker 1: in the NFL. Today we have Mike Tomlin and Todd Bowles, uh,

623
00:32:18,440 --> 00:32:23,960
Speaker 1: but you were part of that as making inroads, uh

624
00:32:24,240 --> 00:32:28,320
Speaker 1: for the minority head coaches. Where do you see that today?

625
00:32:28,920 --> 00:32:31,400
Speaker 2: You know, it's it's the subject that a lot of

626
00:32:31,400 --> 00:32:35,880
Speaker 2: people talk about but but you know, for a long time,

627
00:32:35,880 --> 00:32:39,120
Speaker 2: we're just going to be talking about it until there's

628
00:32:39,160 --> 00:32:42,560
Speaker 2: a change in ownership. I think that we're just we're

629
00:32:42,600 --> 00:32:47,760
Speaker 2: talking about uh different elements of it that we that

630
00:32:47,880 --> 00:32:50,360
Speaker 2: that won't change. You'll just say, well, man, we need

631
00:32:50,360 --> 00:32:52,400
Speaker 2: more minority coaches. Okay, Well you're still going to end

632
00:32:52,480 --> 00:32:54,200
Speaker 2: up with two or three at the end of the

633
00:32:54,280 --> 00:32:58,280
Speaker 2: year every year. And why the heck is that, Well,

634
00:32:58,640 --> 00:33:03,520
Speaker 2: until you have minority ownership, I think that that's gonna

635
00:33:03,800 --> 00:33:05,840
Speaker 2: it's gonna be the way it is. And I think

636
00:33:05,920 --> 00:33:09,240
Speaker 2: that these owners that are spending billions of dollars to

637
00:33:09,320 --> 00:33:11,960
Speaker 2: own these teams, I don't think it's fair to go

638
00:33:12,040 --> 00:33:13,920
Speaker 2: to an owner and say, hey, you got to hire

639
00:33:13,960 --> 00:33:16,080
Speaker 2: this guy, you got to hire a person of color.

640
00:33:16,560 --> 00:33:18,160
Speaker 2: Wait a minute, If I'm going to pay billions of

641
00:33:18,160 --> 00:33:19,719
Speaker 2: dollars on own the teams, you're gonna tell me who

642
00:33:19,720 --> 00:33:21,280
Speaker 2: I got to hire. No, I'm not going to do that.

643
00:33:21,320 --> 00:33:23,600
Speaker 2: I'm I'm going to hire the person that I feel

644
00:33:23,600 --> 00:33:26,840
Speaker 2: comfortable with. And so if you're not in the circle

645
00:33:26,920 --> 00:33:29,520
Speaker 2: with a lot of minorities, then chances are you're not

646
00:33:29,560 --> 00:33:31,320
Speaker 2: going to hire them. And to me, that's really the

647
00:33:31,360 --> 00:33:32,080
Speaker 2: bottom line.

648
00:33:32,280 --> 00:33:34,840
Speaker 1: I've always said that, and it's I don't care if

649
00:33:34,880 --> 00:33:38,520
Speaker 1: it's like you said, head coach in the NFL or

650
00:33:39,000 --> 00:33:45,000
Speaker 1: whatever you do, don't hire a minority just to hire

651
00:33:45,040 --> 00:33:47,680
Speaker 1: a minority. There are a lot of people out there

652
00:33:47,960 --> 00:33:51,840
Speaker 1: who are extremely qualified to do this job. And like

653
00:33:51,880 --> 00:33:56,640
Speaker 1: you said, hey, all all we want is a chance.

654
00:33:57,400 --> 00:34:00,560
Speaker 4: Do you think do you think the Renny rule works

655
00:34:00,800 --> 00:34:01,160
Speaker 4: at all?

656
00:34:02,080 --> 00:34:06,520
Speaker 2: I do. I think the Ruoney rule really made a difference. No,

657
00:34:07,320 --> 00:34:11,600
Speaker 2: I don't. In all honesty, I think the Ruoney rule

658
00:34:11,880 --> 00:34:15,399
Speaker 2: did more damage than it did good because I think

659
00:34:15,440 --> 00:34:18,839
Speaker 2: it really offered a lot of false hope. And I

660
00:34:18,880 --> 00:34:21,960
Speaker 2: think there were a lot of coaches that were working

661
00:34:22,000 --> 00:34:25,960
Speaker 2: their tails off and you know, their coordinators, their assistant

662
00:34:26,000 --> 00:34:28,360
Speaker 2: head coaches, and they feel that they have a chance,

663
00:34:28,440 --> 00:34:30,279
Speaker 2: and they're told that they have a chance. You do

664
00:34:30,320 --> 00:34:33,760
Speaker 2: all this preparation, You go in there and you spend

665
00:34:33,760 --> 00:34:36,919
Speaker 2: two or three hours doing an interview, and you leave

666
00:34:37,120 --> 00:34:40,239
Speaker 2: and knowing that you know, you're hoping that you got

667
00:34:40,280 --> 00:34:42,560
Speaker 2: a chance, but you know you did a great job.

668
00:34:43,320 --> 00:34:45,399
Speaker 2: But it's kind of like, well, you know, I don't

669
00:34:45,480 --> 00:34:48,279
Speaker 2: really know you that well, and boy, but you did

670
00:34:48,280 --> 00:34:51,719
Speaker 2: a great job. In the interview and you know, good

671
00:34:51,800 --> 00:34:53,400
Speaker 2: luck down the road. Well, you know you're not going

672
00:34:53,440 --> 00:34:56,960
Speaker 2: to get that job, and so it's kind of like

673
00:34:57,560 --> 00:35:00,360
Speaker 2: you're lucky to get an interview be excited about out that,

674
00:35:01,520 --> 00:35:06,000
Speaker 2: but no figure, and so I think was not I'm sorry.

675
00:35:06,280 --> 00:35:08,919
Speaker 4: Just be grateful for that interview opportunity essentially.

676
00:35:08,680 --> 00:35:11,160
Speaker 2: Yes, yeah, yeah, Just just be thankful for that and

677
00:35:11,480 --> 00:35:14,320
Speaker 2: know that you're in good company by having an interview,

678
00:35:14,880 --> 00:35:18,560
Speaker 2: and so hope that push you well down the road.

679
00:35:19,120 --> 00:35:22,440
Speaker 5: Mike, you attended Baylor University in Waco, Texas. I think

680
00:35:22,480 --> 00:35:24,879
Speaker 5: you graduated back in nineteen eighty or a two time

681
00:35:24,880 --> 00:35:27,799
Speaker 5: All American there, you know, with all that's going on

682
00:35:27,920 --> 00:35:30,960
Speaker 5: with name, image and likeness and these college athletes now

683
00:35:31,040 --> 00:35:33,520
Speaker 5: able to build their brand and get paid for it,

684
00:35:34,000 --> 00:35:35,279
Speaker 5: just curious to hear your thoughts on that.

685
00:35:35,840 --> 00:35:43,120
Speaker 2: Wow, that's a whole new bag of worms. That's not

686
00:35:43,160 --> 00:35:48,160
Speaker 2: just a Canaida. I really feel bad for college coaches

687
00:35:48,320 --> 00:35:52,640
Speaker 2: because now I feel bad for college coaches and college

688
00:35:52,719 --> 00:35:56,799
Speaker 2: players because if I were going to college now with

689
00:35:56,840 --> 00:35:59,160
Speaker 2: the coach that I had in college, I would have

690
00:35:59,239 --> 00:36:02,479
Speaker 2: left it in the first couple of days. I thought

691
00:36:02,480 --> 00:36:04,760
Speaker 2: the guy was I thought the guy was a racist.

692
00:36:04,920 --> 00:36:08,280
Speaker 2: I thought needed me. I thought, what have I gotten

693
00:36:08,280 --> 00:36:15,040
Speaker 2: myself into? And for me, it's just a it's just

694
00:36:15,080 --> 00:36:19,720
Speaker 2: a sad situation because now coaches can't really coach, and

695
00:36:19,800 --> 00:36:22,000
Speaker 2: you got a lot of young men that come from

696
00:36:22,640 --> 00:36:25,919
Speaker 2: fatherless homes that are going and for the first time,

697
00:36:26,000 --> 00:36:28,440
Speaker 2: you're being coached by a guy that's gonna curse at you.

698
00:36:28,520 --> 00:36:31,120
Speaker 2: He's gonna get on your tail, he's gonna But that's

699
00:36:31,200 --> 00:36:34,920
Speaker 2: what it takes to grow it. You know, for a

700
00:36:34,960 --> 00:36:38,320
Speaker 2: young man to grow as a football player. Most guys

701
00:36:38,440 --> 00:36:40,560
Speaker 2: when they go to college, they think they're already the

702
00:36:40,600 --> 00:36:43,440
Speaker 2: best there is. And you go to college and you

703
00:36:43,480 --> 00:36:47,440
Speaker 2: find out that you can't, you can't really play, and

704
00:36:47,560 --> 00:36:49,680
Speaker 2: you got to be developed. You got to learn how

705
00:36:49,680 --> 00:36:51,560
Speaker 2: to work as a team, you got to learn how

706
00:36:51,600 --> 00:36:54,879
Speaker 2: to oh man and and uh So it's a it's

707
00:36:54,920 --> 00:36:58,799
Speaker 2: a tough situation because I just think the portal is

708
00:36:58,880 --> 00:37:02,719
Speaker 2: to me, a wicked thing. It's just wicked because it

709
00:37:02,800 --> 00:37:05,200
Speaker 2: takes the power out of the coach of hand to

710
00:37:05,239 --> 00:37:09,879
Speaker 2: be able to coach, teach, train guide. You can't do it.

711
00:37:10,120 --> 00:37:13,080
Speaker 1: Trust me, It's like being married. I'm sorry, baby, I

712
00:37:13,120 --> 00:37:13,920
Speaker 1: know you're listening.

713
00:37:15,000 --> 00:37:17,000
Speaker 2: I'll tell you what. I don't think you will be

714
00:37:17,040 --> 00:37:17,680
Speaker 2: able to go home.

715
00:37:21,680 --> 00:37:23,560
Speaker 1: I got to add this is something and I know

716
00:37:23,719 --> 00:37:25,799
Speaker 1: I'm a little bit off all over the board here,

717
00:37:25,840 --> 00:37:27,960
Speaker 1: but I got to talk about this. You were a

718
00:37:28,040 --> 00:37:34,160
Speaker 1: contestant on the reality competition TV series Beyond the Edge,

719
00:37:34,840 --> 00:37:40,160
Speaker 1: and you guys had to live in the jungle. I'm

720
00:37:40,200 --> 00:37:43,960
Speaker 1: like for fourteen days. I mean, I'm not happy at

721
00:37:44,000 --> 00:37:47,040
Speaker 1: all when my pillow is like not fluffy and now

722
00:37:47,120 --> 00:37:50,080
Speaker 1: you guys are out there in the jungle? What was that?

723
00:37:50,280 --> 00:37:50,360
Speaker 3: Like?

724
00:37:51,120 --> 00:37:54,359
Speaker 2: You know what, I'm so thankful I did it. It

725
00:37:54,440 --> 00:37:57,520
Speaker 2: was one of the greatest experiences that I've experienced, one

726
00:37:57,560 --> 00:38:00,120
Speaker 2: of the toughest things that I've ever done, and I

727
00:38:00,120 --> 00:38:04,480
Speaker 2: would never do it again for that one time, For

728
00:38:04,600 --> 00:38:08,759
Speaker 2: that one time, to experience that and be able to

729
00:38:08,800 --> 00:38:12,360
Speaker 2: come back home and be able to go to the

730
00:38:12,400 --> 00:38:16,320
Speaker 2: bathroom without having to walk a mile or one hundred

731
00:38:16,360 --> 00:38:18,680
Speaker 2: yards to go to the bathroom in the middle of

732
00:38:18,719 --> 00:38:21,080
Speaker 2: the night, and be able to have water, be able

733
00:38:21,080 --> 00:38:23,160
Speaker 2: to have a meal. I mean, there's so much to

734
00:38:23,280 --> 00:38:28,080
Speaker 2: appreciate after coming from an experience like that. I mean,

735
00:38:28,120 --> 00:38:31,040
Speaker 2: you'll walk in somewhere at night and all you can

736
00:38:31,080 --> 00:38:35,240
Speaker 2: see are these red and yellow eyes in the jungle

737
00:38:35,480 --> 00:38:37,600
Speaker 2: looking at you and their animals and you don't know

738
00:38:37,640 --> 00:38:40,279
Speaker 2: what they are, and it's like, oh my goodness, this

739
00:38:40,440 --> 00:38:44,279
Speaker 2: is pretty crazy. But it was an amazing experience.

740
00:38:45,680 --> 00:38:48,080
Speaker 4: I mean, just there are several pro football players or

741
00:38:48,120 --> 00:38:51,919
Speaker 4: former pro football players who were contestants. What advantage should

742
00:38:51,960 --> 00:38:56,440
Speaker 4: that give you over say Paulina Porskova, the former supermodel

743
00:38:56,920 --> 00:39:01,880
Speaker 4: and enduring these very difficult circumstances.

744
00:39:01,960 --> 00:39:05,640
Speaker 2: You know. It was the thing that was really cool

745
00:39:05,680 --> 00:39:10,719
Speaker 2: about it is beautiful women there. You had business women there,

746
00:39:10,840 --> 00:39:15,120
Speaker 2: you had professional football players there, you had guys that

747
00:39:15,239 --> 00:39:20,040
Speaker 2: were soldiers and the military, and so that was a

748
00:39:20,160 --> 00:39:26,400
Speaker 2: plesor of fox and ideas and personalities. But at the

749
00:39:26,480 --> 00:39:29,719
Speaker 2: end of the day, when you're climbing a wall or

750
00:39:29,760 --> 00:39:32,640
Speaker 2: trying to come off of a wall, when you're running

751
00:39:33,440 --> 00:39:37,760
Speaker 2: a mile in the jungle, and you got to watch

752
00:39:37,840 --> 00:39:40,239
Speaker 2: every limb so you don't get the heck knocked out

753
00:39:40,280 --> 00:39:43,359
Speaker 2: of you, and you got to watch snakes, you got

754
00:39:43,360 --> 00:39:47,120
Speaker 2: to watch it. I mean, it brings out, it brings

755
00:39:47,160 --> 00:39:52,120
Speaker 2: out everything in you to realize that it doesn't matter

756
00:39:52,160 --> 00:39:55,600
Speaker 2: if you it doesn't matter if you were in the military,

757
00:39:55,760 --> 00:39:59,400
Speaker 2: if you played football. What it really comes down to

758
00:39:59,440 --> 00:40:04,879
Speaker 2: you is the toughness that's inside of you. And when

759
00:40:04,920 --> 00:40:08,560
Speaker 2: you're when you're seeing and hearing these animals at night,

760
00:40:09,400 --> 00:40:12,279
Speaker 2: when when you're sleeping at one in the morning and

761
00:40:12,320 --> 00:40:15,920
Speaker 2: it starts to rain and and and it just rains

762
00:40:16,000 --> 00:40:18,040
Speaker 2: right on you and you got to get up that

763
00:40:18,200 --> 00:40:22,000
Speaker 2: next morning and compete again. It brings out a toughness

764
00:40:22,040 --> 00:40:25,839
Speaker 2: in you that you really didn't know you had. And

765
00:40:25,920 --> 00:40:28,080
Speaker 2: it was it was amazing. The women that were there

766
00:40:28,080 --> 00:40:34,520
Speaker 2: were just you know, incredible tough. Me great. It was

767
00:40:34,560 --> 00:40:35,320
Speaker 2: a great experience.

768
00:40:35,680 --> 00:40:35,799
Speaker 3: Mike.

769
00:40:36,120 --> 00:40:39,279
Speaker 5: So, we know you're working with CCA Industries on their

770
00:40:39,360 --> 00:40:42,360
Speaker 5: brain health supplement new team. But you know, we also

771
00:40:42,440 --> 00:40:44,080
Speaker 5: know that you know, at sixty plus years, you know

772
00:40:44,080 --> 00:40:45,279
Speaker 5: you're doing a lot of other stuff. You know our

773
00:40:45,320 --> 00:40:48,040
Speaker 5: Dan Minister, your father, your grandfather, you know. I mean,

774
00:40:48,360 --> 00:40:50,520
Speaker 5: you know, you're a motivational speaker. You're you know, you

775
00:40:50,560 --> 00:40:52,600
Speaker 5: have your charity changing our perspective. You know, talk to

776
00:40:52,680 --> 00:40:54,839
Speaker 5: us a little bit about today. You know what gets

777
00:40:54,840 --> 00:40:56,439
Speaker 5: you out of bed in the morning, what excites you?

778
00:40:56,560 --> 00:40:59,160
Speaker 2: Well, the things that excite me is all the things

779
00:40:59,200 --> 00:41:03,600
Speaker 2: that I'm involved in are things that are life changing.

780
00:41:04,200 --> 00:41:07,440
Speaker 2: You know, for instance, as I as I join a

781
00:41:07,480 --> 00:41:10,920
Speaker 2: new team. It's the benefit of brain health and and

782
00:41:11,000 --> 00:41:14,239
Speaker 2: the ingredients that you find in New Team are back

783
00:41:14,320 --> 00:41:19,840
Speaker 2: by twelve real clinical studies, unlike other brain health supplements.

784
00:41:20,040 --> 00:41:22,360
Speaker 2: And when you think about that, I'm always trying to

785
00:41:22,360 --> 00:41:26,160
Speaker 2: find the best thing out there for health, brain help,

786
00:41:26,960 --> 00:41:30,680
Speaker 2: heart health. And you know, it's just a number of

787
00:41:30,719 --> 00:41:33,399
Speaker 2: things that I'm involved in, but they're all They all

788
00:41:33,440 --> 00:41:35,920
Speaker 2: have to do with the low social economic areas in

789
00:41:35,960 --> 00:41:40,120
Speaker 2: our country. Education, mental wellness, it has to do with

790
00:41:41,520 --> 00:41:46,360
Speaker 2: the low social economic areas in health period, hard health.

791
00:41:46,719 --> 00:41:52,800
Speaker 2: Being able to diagnose the silent killers. The Pulse is

792
00:41:52,840 --> 00:41:56,719
Speaker 2: a company that I'm working with that is just an

793
00:41:56,800 --> 00:42:02,520
Speaker 2: amazing tool that really makes a difference in the livelihood

794
00:42:02,760 --> 00:42:06,120
Speaker 2: of those people in those neighborhoods that don't go see

795
00:42:06,120 --> 00:42:07,759
Speaker 2: the doctor or they go too late.

796
00:42:08,840 --> 00:42:12,120
Speaker 1: I am still impressed. You were in the jungle the

797
00:42:12,400 --> 00:42:15,480
Speaker 1: archipelago Panama, Folks, Am I talking about that that cute

798
00:42:15,560 --> 00:42:17,880
Speaker 1: jungle that you see on Gilligan's Island. I mean that

799
00:42:18,120 --> 00:42:23,160
Speaker 1: this is you know Gilligan hand me those coconuts. No, no, no, no, no,

800
00:42:23,360 --> 00:42:26,920
Speaker 1: this was this was huge. And you are one of

801
00:42:26,920 --> 00:42:31,320
Speaker 1: the toughest guys that I know. And what a pleasure

802
00:42:31,360 --> 00:42:36,480
Speaker 1: it is to talk with you right in person. Mike Singletary,

803
00:42:36,560 --> 00:42:40,840
Speaker 1: Pro Football Hall of Famer, super Bowl champion, eight time

804
00:42:41,120 --> 00:42:45,520
Speaker 1: All Pro and former head coach of the San Francisco

805
00:42:45,680 --> 00:42:48,560
Speaker 1: forty nine ers. I can't compete with that. I'm like,

806
00:42:49,280 --> 00:42:51,720
Speaker 1: I'm a three time winner of monopoly in my family.

807
00:42:51,760 --> 00:42:56,120
Speaker 1: That's about the best I cannot calling yeah and bowling yeah.

808
00:42:56,160 --> 00:43:00,600
Speaker 1: By the way. A spokesperson for CCA's Brain health supplement

809
00:43:00,800 --> 00:43:04,880
Speaker 1: new team, Mike Singletary, thank you so much for joining

810
00:43:04,920 --> 00:43:06,640
Speaker 1: us on the Bloomberg Business of Sports.

811
00:43:07,520 --> 00:43:09,560
Speaker 2: I thank you very much, and I want the people

812
00:43:09,560 --> 00:43:15,000
Speaker 2: to know there's also available on Amazon, so you can

813
00:43:15,040 --> 00:43:17,400
Speaker 2: find a new team there. But I thank you guys

814
00:43:17,480 --> 00:43:20,160
Speaker 2: all so much this morning, and I pray that your

815
00:43:20,160 --> 00:43:21,320
Speaker 2: wife lets you in the house.

816
00:43:23,520 --> 00:43:24,080
Speaker 1: We all do.

817
00:43:24,480 --> 00:43:25,480
Speaker 2: I thank you.

818
00:43:25,760 --> 00:43:28,360
Speaker 1: I am going to make sure that you know I

819
00:43:28,440 --> 00:43:31,600
Speaker 1: keep her busy when the show airs and you know,

820
00:43:31,640 --> 00:43:33,800
Speaker 1: it's like, come on, baby, let's go to dinner, and

821
00:43:33,880 --> 00:43:40,600
Speaker 1: she'll say, oh, what's wrong? What did you say this time? Man? Lord?

822
00:43:40,640 --> 00:43:44,719
Speaker 1: They would talk with Mike Singletary, Oh, man, okay, I

823
00:43:44,760 --> 00:43:48,080
Speaker 1: said I wasn't gonna guess high from my bar. Yeah,

824
00:43:48,160 --> 00:43:56,680
Speaker 1: And I welcome back to the Bloomberg Business of Sports podcast.

825
00:43:56,760 --> 00:43:57,920
Speaker 1: I'm Michael Barr.

826
00:43:57,840 --> 00:43:59,960
Speaker 5: I'm Scarlett Film and I'm Damian Sasawar.

827
00:44:00,200 --> 00:44:04,520
Speaker 1: And what it comes down to today involves the latest

828
00:44:04,920 --> 00:44:07,960
Speaker 1: with what's going on with Diamond Sports and there are

829
00:44:08,000 --> 00:44:11,399
Speaker 1: several issues to talk about. One big one is that

830
00:44:11,480 --> 00:44:15,280
Speaker 1: Diamond Sports Group lost the rights to televise San Diego

831
00:44:15,400 --> 00:44:20,799
Speaker 1: Padre baseball games. More on that is Geitha reganoffin our

832
00:44:20,880 --> 00:44:26,080
Speaker 1: own Bloomberg Intelligence technology specialist, Geitha. Welcome to the Bloomberg

833
00:44:26,160 --> 00:44:26,920
Speaker 1: Business of Sports.

834
00:44:27,000 --> 00:44:27,759
Speaker 6: Thank you so much.

835
00:44:28,200 --> 00:44:32,120
Speaker 1: Well, let's start what happened? Why did Diamonds Sports Group

836
00:44:32,680 --> 00:44:33,680
Speaker 1: lose the rights?

837
00:44:34,480 --> 00:44:38,359
Speaker 6: So this is really a long story, but to make

838
00:44:38,400 --> 00:44:42,960
Speaker 6: it as short as possible, So Diamond Sports Group basically

839
00:44:43,080 --> 00:44:45,840
Speaker 6: failed to make a required payment that they were supposed

840
00:44:45,880 --> 00:44:48,440
Speaker 6: to make to the San Diego Padres. They are also

841
00:44:48,560 --> 00:44:53,319
Speaker 6: in the midst of a whole bankruptcy proceeding, and what

842
00:44:53,360 --> 00:44:55,440
Speaker 6: they're trying to do as part of the restructuring process

843
00:44:55,680 --> 00:45:00,480
Speaker 6: is to either to cut the payments that they need

844
00:45:00,480 --> 00:45:06,560
Speaker 6: to make to local teams and acquire streaming rights for

845
00:45:06,640 --> 00:45:08,719
Speaker 6: most of the teams. So all of this is going on,

846
00:45:08,760 --> 00:45:11,120
Speaker 6: there are just lots of different lose ends to be tied,

847
00:45:11,160 --> 00:45:14,359
Speaker 6: but the basic, the basic reason why they lasted it

848
00:45:14,520 --> 00:45:16,759
Speaker 6: just because they refused to make a payment or they

849
00:45:16,760 --> 00:45:17,720
Speaker 6: could not make a payment.

850
00:45:18,000 --> 00:45:20,160
Speaker 4: And they're refusing to make a payment or can't make

851
00:45:20,200 --> 00:45:24,480
Speaker 4: a payment because they're in some financial distress. Tell us

852
00:45:24,520 --> 00:45:26,319
Speaker 4: a little bit about how their business has changed and

853
00:45:26,320 --> 00:45:28,360
Speaker 4: how it ties in with people cutting the cord.

854
00:45:29,640 --> 00:45:33,960
Speaker 6: Yeah, so the regional sports network business model has completely

855
00:45:34,080 --> 00:45:37,360
Speaker 6: kind of been destroyed, I would say, over the past

856
00:45:37,800 --> 00:45:40,880
Speaker 6: few years. So, as most of you may know, Diamond

857
00:45:41,000 --> 00:45:46,000
Speaker 6: had actually purchased some regional sports networks back as part

858
00:45:46,040 --> 00:45:49,040
Speaker 6: of the Disney Fox deal. They had paid over ten

859
00:45:49,080 --> 00:45:51,080
Speaker 6: billion dollars and in order to do that deal they

860
00:45:51,080 --> 00:45:55,160
Speaker 6: had to take over eight billion dollars in debt. Unfortunately,

861
00:45:55,160 --> 00:45:58,200
Speaker 6: what's been what's happened is over the past few years,

862
00:45:58,280 --> 00:46:00,680
Speaker 6: or actually after you know, they kind of did that deal,

863
00:46:00,840 --> 00:46:06,040
Speaker 6: cort cutting has really accelerated. And they when they did

864
00:46:06,040 --> 00:46:10,000
Speaker 6: the deal, they had about seventy five million subscribers on

865
00:46:10,120 --> 00:46:13,160
Speaker 6: these regional sports networks. That number has dropped to about

866
00:46:13,239 --> 00:46:19,360
Speaker 6: forty million. So what you have now is declining revenue

867
00:46:19,640 --> 00:46:23,200
Speaker 6: and you have rising sports rights payments and that basically

868
00:46:23,880 --> 00:46:27,920
Speaker 6: has completely destroyed the model and forced them into bankruptcy.

869
00:46:27,960 --> 00:46:29,600
Speaker 6: Of course, on top of that, you know, you have

870
00:46:30,160 --> 00:46:33,239
Speaker 6: eight billion dollars in debt for a company that's worth

871
00:46:33,360 --> 00:46:33,960
Speaker 6: you know, less than.

872
00:46:33,960 --> 00:46:35,600
Speaker 4: Two billion, and that can't be refinanced.

873
00:46:35,680 --> 00:46:36,479
Speaker 6: Math doesn't work.

874
00:46:36,800 --> 00:46:40,239
Speaker 5: Yeah, Geith, Earlier this month we had you know, we

875
00:46:40,280 --> 00:46:42,239
Speaker 5: had the upfront, right, we had Upfront week. I know,

876
00:46:42,239 --> 00:46:44,000
Speaker 5: we had the writers go to America on strike and

877
00:46:44,040 --> 00:46:45,719
Speaker 5: all that. But you know, from what I hear from

878
00:46:45,760 --> 00:46:49,520
Speaker 5: people on the inside, it was all about live sports.

879
00:46:49,600 --> 00:46:52,600
Speaker 5: I mean, broadcasters leaned all the way into live sports.

880
00:46:52,600 --> 00:46:54,520
Speaker 5: I'm talking Fox, I'm talking Disney. I wonder if you

881
00:46:54,520 --> 00:46:56,279
Speaker 5: could tell us a little bit about, you know, what

882
00:46:56,320 --> 00:46:58,319
Speaker 5: some of the takeaways were with that and what that

883
00:46:58,400 --> 00:46:59,240
Speaker 5: means for the industry.

884
00:46:59,480 --> 00:47:02,440
Speaker 6: So that's sports, Damian, as you rightly point out, is

885
00:47:02,440 --> 00:47:05,600
Speaker 6: definitely the glue that is kind of holding the entire

886
00:47:07,160 --> 00:47:10,800
Speaker 6: TV bundle together right now. And so in many ways,

887
00:47:11,120 --> 00:47:13,359
Speaker 6: you know, when the industry experts kind of look at this,

888
00:47:14,160 --> 00:47:18,040
Speaker 6: I think the make or break moment happens when you know, ESPN,

889
00:47:18,160 --> 00:47:22,400
Speaker 6: which is by far considered the bedrock of the PATV bundle,

890
00:47:22,880 --> 00:47:27,839
Speaker 6: decides to make that move into streaming. You're absolutely right.

891
00:47:27,920 --> 00:47:32,080
Speaker 6: Sports do make up a huge portion of television viewership.

892
00:47:32,120 --> 00:47:33,960
Speaker 6: In fact, if you look at, you know, the one

893
00:47:34,000 --> 00:47:38,239
Speaker 6: hundred top telecasts on television last year, about ninety of

894
00:47:38,280 --> 00:47:42,560
Speaker 6: them were sports related. So definitely it's an integral part,

895
00:47:43,360 --> 00:47:46,640
Speaker 6: you know, of television viewing. We've seen viewership if you

896
00:47:46,719 --> 00:47:50,000
Speaker 6: just look at general entertainment viewership across the television ecosystem

897
00:47:50,560 --> 00:47:53,640
Speaker 6: that has been declining about ten, fifteen, twenty percent every year.

898
00:47:54,280 --> 00:47:56,480
Speaker 6: But you look at some of these big leagues, like

899
00:47:56,520 --> 00:48:00,400
Speaker 6: the NFL, viewership has in fact gone up. It was

900
00:48:00,480 --> 00:48:03,399
Speaker 6: up about five percent in the regular season last year,

901
00:48:03,760 --> 00:48:06,239
Speaker 6: and that is even with some of the games kind

902
00:48:06,239 --> 00:48:10,080
Speaker 6: of migrating to you know, the streaming network, so Amazon

903
00:48:10,120 --> 00:48:13,160
Speaker 6: for the very first time was telecasting or was streaming

904
00:48:13,239 --> 00:48:16,799
Speaker 6: rather the Thursday night football games. And even with that move,

905
00:48:16,880 --> 00:48:20,759
Speaker 6: we still saw broadcast television kind of eke out these

906
00:48:20,840 --> 00:48:23,040
Speaker 6: viewership increases. So absolutely, it is a it is a

907
00:48:23,080 --> 00:48:26,560
Speaker 6: critical part of the TV ecosystem. It is by far.

908
00:48:26,640 --> 00:48:29,280
Speaker 6: I mean, if you look at some of the prices

909
00:48:29,280 --> 00:48:33,960
Speaker 6: on the advertising sports spots for these games, they're they're phenomenal.

910
00:48:34,040 --> 00:48:36,200
Speaker 6: I mean, it's seven million dollars for an ad spot

911
00:48:36,200 --> 00:48:38,040
Speaker 6: for a thirty second ads pot in the Super Bowl.

912
00:48:38,960 --> 00:48:41,480
Speaker 6: So this is where the money is. So absolutely sports

913
00:48:41,680 --> 00:48:46,480
Speaker 6: is is definitely critical, but then again it's not necessarily sustainable,

914
00:48:46,520 --> 00:48:48,560
Speaker 6: and it all comes down to I think when ESPN

915
00:48:48,640 --> 00:48:50,400
Speaker 6: makes that final cut, well.

916
00:48:50,280 --> 00:48:52,000
Speaker 5: Now if they do go full streaming, I just want

917
00:48:52,040 --> 00:48:53,759
Speaker 5: to expand on that. I mean, what does that mean

918
00:48:53,800 --> 00:48:55,600
Speaker 5: for the advertisers. What does that mean for you know,

919
00:48:55,680 --> 00:48:58,000
Speaker 5: Geico and they're you know, and they're you know, one

920
00:48:58,080 --> 00:48:59,880
Speaker 5: hundred and seventy million dollars out lay, which by the way,

921
00:48:59,920 --> 00:49:01,799
Speaker 5: is down fifty percent from the previous year. I mean,

922
00:49:01,800 --> 00:49:04,279
Speaker 5: what does that mean for you know, advertising spent?

923
00:49:04,600 --> 00:49:07,160
Speaker 6: It eventually has to go to digital platforms. So if

924
00:49:07,200 --> 00:49:09,880
Speaker 6: you kind of look at, you know, the television ecosystem

925
00:49:10,520 --> 00:49:13,120
Speaker 6: right now, this used to be kind of a sixty

926
00:49:13,560 --> 00:49:17,360
Speaker 6: billion dollar of you know, linear TV ecosystem, it is

927
00:49:17,440 --> 00:49:20,800
Speaker 6: gradually declining. I mean right now it's close to fifty billion.

928
00:49:20,960 --> 00:49:22,759
Speaker 6: Probably in the next two to three years we'll see

929
00:49:22,760 --> 00:49:25,839
Speaker 6: that decline even further to forty thirty billion, and it's

930
00:49:25,880 --> 00:49:27,920
Speaker 6: all moving to what we call right now, you know,

931
00:49:28,000 --> 00:49:31,040
Speaker 6: the connected TV landscape. So all of these streamers which

932
00:49:31,160 --> 00:49:33,880
Speaker 6: did not have or who did not have, you know,

933
00:49:34,120 --> 00:49:37,439
Speaker 6: necessarily an advertising component. Are seeing that, you know, they're

934
00:49:37,480 --> 00:49:39,680
Speaker 6: moving where the eyeballs are, right, the money has to

935
00:49:39,719 --> 00:49:42,200
Speaker 6: move to where the eyeballs go. And so Netflix, for

936
00:49:42,239 --> 00:49:45,440
Speaker 6: the very first time in their history have now introduced

937
00:49:45,880 --> 00:49:50,000
Speaker 6: an advertising based solution. So has Disney Plus. So you

938
00:49:50,000 --> 00:49:52,759
Speaker 6: know it's going to move to you know, digital platforms,

939
00:49:52,840 --> 00:49:55,239
Speaker 6: is absolutely no doubt about that. And that is kind

940
00:49:55,239 --> 00:49:57,319
Speaker 6: of part of the whole that's going to be part

941
00:49:57,360 --> 00:50:00,600
Speaker 6: of the whole problem with you know, the the sports

942
00:50:00,600 --> 00:50:03,000
Speaker 6: streamers also, how are they going to kind of get

943
00:50:03,719 --> 00:50:05,360
Speaker 6: the ad dollars or how are they going to coop

944
00:50:05,360 --> 00:50:08,360
Speaker 6: whatever they recoop whatever they lost on the linear platform

945
00:50:08,840 --> 00:50:10,400
Speaker 6: through their streaming services.

946
00:50:11,000 --> 00:50:14,600
Speaker 1: But waite sports fans if you order now. There's more

947
00:50:14,840 --> 00:50:20,120
Speaker 1: involving the parent company of Diamond. The executive chairman of

948
00:50:20,160 --> 00:50:24,279
Speaker 1: Sinclair Broadcast Group threatened to push the company's sports broadcasting

949
00:50:24,360 --> 00:50:29,480
Speaker 1: union into bankruptcy unless MLB officials approved new digital rights,

950
00:50:29,920 --> 00:50:33,680
Speaker 1: and according to MLB Commission of Rob Manfred in federal court,

951
00:50:34,040 --> 00:50:38,040
Speaker 1: that included some to allow gambling on games. And according

952
00:50:38,080 --> 00:50:42,880
Speaker 1: to Manfred, the testimony that he gave it was a

953
00:50:42,920 --> 00:50:46,520
Speaker 1: tense meeting with Sinclair executive chairman David Smith. Can you

954
00:50:46,560 --> 00:50:47,239
Speaker 1: expand on that.

955
00:50:47,480 --> 00:50:52,279
Speaker 6: Yes, I mean this really has it's been a very

956
00:50:52,320 --> 00:50:58,560
Speaker 6: acrimonious relationship, to put it mildly, between Sinclair and Rob Manfred.

957
00:50:58,600 --> 00:51:01,000
Speaker 6: I mean, what Sinclair has really been pushing forst I mean,

958
00:51:01,040 --> 00:51:02,880
Speaker 6: obviously they've seen the writing on the wall. They know

959
00:51:03,000 --> 00:51:06,680
Speaker 6: that viewers are ultimately going to migrate to streaming platform

960
00:51:06,680 --> 00:51:09,680
Speaker 6: and what they've been really pushing for is they've come

961
00:51:09,680 --> 00:51:12,680
Speaker 6: out with a new streaming service called the Bally Sports Plus.

962
00:51:13,080 --> 00:51:17,279
Speaker 6: They've been able to get digital streaming rights for all

963
00:51:17,320 --> 00:51:19,880
Speaker 6: of the NHL and the NBA teams. But where they

964
00:51:20,000 --> 00:51:21,920
Speaker 6: really run into a lot of trouble has been with

965
00:51:21,960 --> 00:51:27,360
Speaker 6: the MLB. So they had before this whole podrays, you know, drama,

966
00:51:27,920 --> 00:51:31,320
Speaker 6: they had access to fourteen teams. They got the digital

967
00:51:31,400 --> 00:51:34,040
Speaker 6: rights for about five teams, so they still had to

968
00:51:34,080 --> 00:51:37,279
Speaker 6: get nine. Now they have eight. Since the Padreys are

969
00:51:37,280 --> 00:51:40,080
Speaker 6: now you know, kind of a free agent. Manfred has

970
00:51:40,120 --> 00:51:43,480
Speaker 6: been has not really been you know, easy to negotiate

971
00:51:43,520 --> 00:51:46,880
Speaker 6: with and has basically said that, you know, the digital

972
00:51:46,960 --> 00:51:50,400
Speaker 6: rights should go back to the MLB, not not Sinclair.

973
00:51:50,880 --> 00:51:52,600
Speaker 6: And there's been a lot of back and forth and

974
00:51:52,640 --> 00:51:56,640
Speaker 6: a lot of argument. But you know, that's kind of

975
00:51:56,680 --> 00:51:58,920
Speaker 6: where it's kind of come down to, even with Sinclair

976
00:51:58,960 --> 00:52:01,560
Speaker 6: management and Man for them just not seeing eye to

977
00:52:01,680 --> 00:52:04,640
Speaker 6: I on how the rights need to be carved out,

978
00:52:04,640 --> 00:52:06,640
Speaker 6: how much payments need to be made to the teams,

979
00:52:07,320 --> 00:52:09,319
Speaker 6: and so we're kind of in the stalemate right now.

980
00:52:09,400 --> 00:52:13,800
Speaker 4: Yeah, we're at an inflection point certainly for the for MLB,

981
00:52:14,080 --> 00:52:17,080
Speaker 4: for the rs N business model. As you mentioned, are

982
00:52:17,160 --> 00:52:22,319
Speaker 4: there any other is what happened with Diamond Sports and

983
00:52:22,360 --> 00:52:25,120
Speaker 4: the padres just the beginning of more to come? Are

984
00:52:25,120 --> 00:52:28,600
Speaker 4: we going to see other agreements like this fall apart?

985
00:52:29,080 --> 00:52:31,799
Speaker 6: Yes, definitely. I mean we've already seen some signs of it.

986
00:52:32,160 --> 00:52:37,200
Speaker 6: So Warner Brothers Discovery, they you know, when when they

987
00:52:37,239 --> 00:52:40,279
Speaker 6: when that deal went so at and T kind of

988
00:52:40,320 --> 00:52:44,920
Speaker 6: sold the media business to Discovery. The new company actually

989
00:52:44,960 --> 00:52:48,200
Speaker 6: has about four to five r s N s and

990
00:52:48,239 --> 00:52:50,440
Speaker 6: they basically said that they're out of the rs AT business,

991
00:52:50,480 --> 00:52:52,520
Speaker 6: which means that they you know, they're not making payments

992
00:52:52,600 --> 00:52:55,920
Speaker 6: to their teams. So yeah, this is kind of definitely,

993
00:52:56,960 --> 00:53:00,000
Speaker 6: you know, a sign of the broader pressures and the eCos,

994
00:53:00,320 --> 00:53:03,640
Speaker 6: and I think the model has to evolve Obviously, Sinclair

995
00:53:03,880 --> 00:53:09,320
Speaker 6: is the largest rs and operator. You know, they about

996
00:53:09,719 --> 00:53:12,319
Speaker 6: forty to fifty percent of the right seats that are

997
00:53:12,360 --> 00:53:14,520
Speaker 6: being paid right now to the to the regional sports

998
00:53:14,560 --> 00:53:17,440
Speaker 6: teams come from Sinclair, So they're obviously a huge part

999
00:53:17,480 --> 00:53:20,479
Speaker 6: of the equation. But there's definitely pressure in the model.

1000
00:53:20,520 --> 00:53:23,120
Speaker 6: I mean, we've seen multiple reports of NBC trying to

1001
00:53:23,160 --> 00:53:26,120
Speaker 6: kind of get out of this RSN business. You know,

1002
00:53:26,160 --> 00:53:28,759
Speaker 6: Warner Brothers already walked out of it. You do have

1003
00:53:28,800 --> 00:53:31,080
Speaker 6: a few rs ns here and there that have been

1004
00:53:31,080 --> 00:53:33,960
Speaker 6: pretty successful, you know, think of the Yankees, think of

1005
00:53:34,000 --> 00:53:37,239
Speaker 6: the Dodgers. They are successful, they are profitable networks, but

1006
00:53:37,280 --> 00:53:40,279
Speaker 6: they're very few majority of them, are, you know, in

1007
00:53:40,360 --> 00:53:41,760
Speaker 6: this kind of a distressed state.

1008
00:53:42,600 --> 00:53:46,680
Speaker 1: Well, I tell you what my children schooled me about

1009
00:53:47,040 --> 00:53:50,440
Speaker 1: the habits now of watching TV. It's not like it

1010
00:53:50,560 --> 00:53:53,120
Speaker 1: was when you know, old man bar used to watch it.

1011
00:53:53,480 --> 00:53:56,120
Speaker 1: He said, come on, dad, that was my youngest son.

1012
00:53:56,239 --> 00:54:00,560
Speaker 1: We all watch it now through streaming and and we're

1013
00:54:00,560 --> 00:54:02,600
Speaker 1: going to see what's going to happen here. So I

1014
00:54:02,640 --> 00:54:06,359
Speaker 1: got mad and took my Kenner close and play phonograph

1015
00:54:06,400 --> 00:54:12,120
Speaker 1: and walked into the room. Bloomberg Intelligence, Technology and Media

1016
00:54:12,200 --> 00:54:15,319
Speaker 1: analyst KEITHA. Ranga Nothing. Thank you so much for joining

1017
00:54:15,400 --> 00:54:16,840
Speaker 1: us on the Bloomberg Business of Sports.

1018
00:54:17,120 --> 00:54:18,000
Speaker 6: Thank you for having me.

1019
00:54:18,480 --> 00:54:22,200
Speaker 1: This has been the Bloomberg Business of Sports podcast. We'd

1020
00:54:22,280 --> 00:54:25,520
Speaker 1: like to thank our guest pro golfer Jim furorick in

1021
00:54:25,800 --> 00:54:29,719
Speaker 1: NFL Hall of Famer Mike Singletary for joining us on

1022
00:54:29,760 --> 00:54:32,239
Speaker 1: the show this week, and thank you, of course for

1023
00:54:32,360 --> 00:54:35,080
Speaker 1: listening to the show. I'm Michael Barr. You can follow

1024
00:54:35,080 --> 00:54:36,840
Speaker 1: me on Twitter at Big Bar Sports.

1025
00:54:37,000 --> 00:54:40,280
Speaker 4: I'm Scarlett Flu and I'm on Twitter at Scarlettfolk.

1026
00:54:39,640 --> 00:54:41,520
Speaker 5: And I'm the Mean SPAFS Hour. You can follow me

1027
00:54:41,600 --> 00:54:43,279
Speaker 5: on Twitter at de Sas Hour.

1028
00:54:43,400 --> 00:54:45,440
Speaker 1: Tune in again next week for the latest on the

1029
00:54:45,480 --> 00:54:48,920
Speaker 1: stories moving big old money in the big old world

1030
00:54:48,920 --> 00:54:51,959
Speaker 1: of sports. This is the Bloomberg Business of Sports Show

1031
00:54:52,000 --> 00:54:55,200
Speaker 1: podcast from Bloomberg Radio around the world.