1 00:00:00,520 --> 00:00:04,240 Speaker 1: This is Bloomberg Business of Sports. The cold hearts truth 2 00:00:04,280 --> 00:00:07,960 Speaker 1: about the Olympic journey is not really been financially incentivized 3 00:00:08,039 --> 00:00:10,480 Speaker 1: in the same way that many of the professional sports are. 4 00:00:10,560 --> 00:00:13,880 Speaker 1: But this is a basketball involved dB A willbll are 5 00:00:14,000 --> 00:00:17,080 Speaker 1: licensing arm think for fifty All of those things will 6 00:00:17,160 --> 00:00:19,800 Speaker 1: make up what that looks like money in sports. It's 7 00:00:19,880 --> 00:00:22,200 Speaker 1: one of the reasons why I enjoy the money that 8 00:00:22,239 --> 00:00:24,320 Speaker 1: I countdown. Let's talk about some of the more interesting 9 00:00:24,360 --> 00:00:27,360 Speaker 1: aspects of business of sports. When you talk in sports, 10 00:00:27,440 --> 00:00:30,920 Speaker 1: discipline is the bridge from being good to ultimately being 11 00:00:31,000 --> 00:00:33,279 Speaker 1: great at whatever it is that you're trying to be 12 00:00:33,320 --> 00:00:36,840 Speaker 1: your accomplished as your profession. Bloomberg Business of Sports from 13 00:00:36,880 --> 00:00:41,879 Speaker 1: Bloomberg Radio. Hello, and this is the Bloomberg Business of 14 00:00:41,920 --> 00:00:44,760 Speaker 1: Sports show. But we explore the big old money issues 15 00:00:44,800 --> 00:00:47,840 Speaker 1: in the world of sports. I'm like, I'm Scarlett, Damien 16 00:00:47,840 --> 00:00:52,000 Speaker 1: sass out. That's right, Scarlet and Damien, and coming up, 17 00:00:52,200 --> 00:00:54,400 Speaker 1: we're gonna talk a little bit. We've got several things 18 00:00:54,400 --> 00:00:56,120 Speaker 1: to talk about. Let's start with the Raiders, and the 19 00:00:56,160 --> 00:00:59,680 Speaker 1: Raiders made history. They have hired the first black female 20 00:00:59,720 --> 00:01:04,039 Speaker 1: press and then in NFL history, her name by the way, 21 00:01:04,160 --> 00:01:09,200 Speaker 1: is Sandra Douglas Morgan. Congratulations to her. This is another sign, 22 00:01:09,560 --> 00:01:12,479 Speaker 1: I hope Scarlett, of women breaking ground and breaking through 23 00:01:12,480 --> 00:01:15,080 Speaker 1: the glass ceiling. Yeah, but as in so many instances 24 00:01:15,080 --> 00:01:18,480 Speaker 1: when women breakground and break glass ceilings, she's coming in 25 00:01:18,520 --> 00:01:23,039 Speaker 1: to fix up a big mess. Yeah. I mean, this 26 00:01:23,160 --> 00:01:25,960 Speaker 1: is a front office that has faced a ton of upheaval, 27 00:01:26,240 --> 00:01:31,399 Speaker 1: allegations of financial mismanagement, workplace dysfunction. This is after John 28 00:01:31,480 --> 00:01:35,400 Speaker 1: Gruden uh departed, I mean under pressure, right, and he 29 00:01:35,440 --> 00:01:39,039 Speaker 1: resigned in October because they're all these emails that were 30 00:01:39,080 --> 00:01:42,680 Speaker 1: made public about how he made misogynistic and homophobic comments 31 00:01:42,720 --> 00:01:45,240 Speaker 1: before starting his second season with the team, or his 32 00:01:45,319 --> 00:01:48,040 Speaker 1: second go round with the team. So there's a lot 33 00:01:48,080 --> 00:01:50,600 Speaker 1: for her to clean up and address. But Damien, isn't 34 00:01:50,600 --> 00:01:52,720 Speaker 1: it always like that? You know, the men make a 35 00:01:52,760 --> 00:01:55,000 Speaker 1: mess of it and then the women gotta come and 36 00:01:55,080 --> 00:01:57,640 Speaker 1: clean it up. Yeah, now absolutely. I mean the Ragus 37 00:01:57,680 --> 00:01:58,960 Speaker 1: have had some other issues. You know, they had a 38 00:01:58,960 --> 00:02:01,240 Speaker 1: wide receiver last year who gotten some trouble. I think 39 00:02:01,240 --> 00:02:03,640 Speaker 1: he was driving under the influence. I mean, they've they've 40 00:02:03,640 --> 00:02:06,480 Speaker 1: definitely got some some teams, some franchise issues they need 41 00:02:06,520 --> 00:02:08,760 Speaker 1: to they need to clean up under Mark Davis here. 42 00:02:08,760 --> 00:02:12,160 Speaker 1: But look, Josh McDaniel's new head coach, hired in January, 43 00:02:12,360 --> 00:02:14,680 Speaker 1: should bring a winning culture there hopefully. Do you know 44 00:02:14,720 --> 00:02:17,640 Speaker 1: the Raiders, it's I'm excited to see what they're gonna 45 00:02:17,680 --> 00:02:21,239 Speaker 1: do this season because first of all, this big change, 46 00:02:21,400 --> 00:02:23,240 Speaker 1: and then you know, you've got a lot of people 47 00:02:23,320 --> 00:02:27,360 Speaker 1: now rooting for the Raiders. So I I think Scarlett 48 00:02:27,520 --> 00:02:31,080 Speaker 1: and Damien that they might be the team to watch 49 00:02:31,160 --> 00:02:34,160 Speaker 1: this season at least, never mind just making it to 50 00:02:34,200 --> 00:02:36,960 Speaker 1: the playoffs, but bringing a little bit of the spirit 51 00:02:37,000 --> 00:02:39,320 Speaker 1: of the league. Now. Yeah, absolutely, there's a lot to 52 00:02:39,360 --> 00:02:42,320 Speaker 1: get excited about on that front. What I'm excited about 53 00:02:42,360 --> 00:02:45,400 Speaker 1: when it comes to um Miss Morrigan is that she 54 00:02:45,840 --> 00:02:49,760 Speaker 1: is an outsider. She's coming in from the sports, entertainment 55 00:02:49,760 --> 00:02:52,120 Speaker 1: and gaming industry world. She was with the Nevada State 56 00:02:52,160 --> 00:02:55,120 Speaker 1: Athletic Commission. She's from the Las Vegas area. She was 57 00:02:55,120 --> 00:02:57,079 Speaker 1: a city attorney. She was part of the state's COVID 58 00:02:57,160 --> 00:02:59,680 Speaker 1: nineteen task force. She's coming in with fresh eyes. Yeah, 59 00:02:59,680 --> 00:03:01,919 Speaker 1: she worked for the MGM mirage. Now she's got I mean, look, 60 00:03:01,960 --> 00:03:03,440 Speaker 1: I mean, I guess you have to be if you're 61 00:03:03,440 --> 00:03:05,000 Speaker 1: coming from Las Vegas, right, I mean you've got to 62 00:03:05,000 --> 00:03:06,960 Speaker 1: be involved in that sector someone in some way, shape 63 00:03:07,040 --> 00:03:09,320 Speaker 1: or form. But you know, going back to the Raiders Scarlett, 64 00:03:09,320 --> 00:03:11,880 Speaker 1: I mean they made some big free agent acquisitions in 65 00:03:11,880 --> 00:03:14,440 Speaker 1: the off season. I'm talking Chandler Jones, I'm talking the 66 00:03:14,480 --> 00:03:17,480 Speaker 1: man Davante Adams, um. So you know they've got high 67 00:03:17,520 --> 00:03:20,160 Speaker 1: expectations as well in a very very tough NFC West Division. 68 00:03:20,200 --> 00:03:24,399 Speaker 1: Talking about golf, now, Live Boss Greg Norman not invited 69 00:03:24,480 --> 00:03:29,520 Speaker 1: to any of the Reindeer games for uh. They have 70 00:03:29,720 --> 00:03:33,679 Speaker 1: told him that, you know, you cannot come to the 71 00:03:33,680 --> 00:03:38,520 Speaker 1: one fifty anniversary celebration at St. Andrew's. Again, we're right 72 00:03:38,520 --> 00:03:43,200 Speaker 1: back to the feud scarlet about Civil War Engulf continues. Yeah, 73 00:03:43,240 --> 00:03:47,560 Speaker 1: I mean Greg Norman, he is synonymous now with Live right, 74 00:03:47,640 --> 00:03:50,840 Speaker 1: So this is a case of the different tournaments and 75 00:03:50,880 --> 00:03:55,240 Speaker 1: the different entities taking sides, and right now PJ is 76 00:03:55,240 --> 00:03:59,360 Speaker 1: hanging onto tradition and honor but definitely losing the money game. Yeah. Well, 77 00:03:59,400 --> 00:04:01,280 Speaker 1: I mean, like what's interesting is there are a few 78 00:04:01,320 --> 00:04:04,400 Speaker 1: other Live Lived players that are actually invited and are 79 00:04:04,400 --> 00:04:06,040 Speaker 1: gonna be playing in the tournament, right. I mean, You've 80 00:04:06,080 --> 00:04:10,400 Speaker 1: got Phil Nicholson, Louis Louis Oistausen. You've got Dustin Johnson 81 00:04:10,400 --> 00:04:11,840 Speaker 1: and Sergio Garcia. They're all going to be in the 82 00:04:11,880 --> 00:04:15,480 Speaker 1: field and is synonymous right now. Yeah, it's kind of detractor, 83 00:04:15,520 --> 00:04:17,680 Speaker 1: absolutely right. It's going to detract from the overall field 84 00:04:17,680 --> 00:04:19,839 Speaker 1: of the one fifte And so you know, I guess 85 00:04:19,880 --> 00:04:25,520 Speaker 1: in many I can't argue with and poached players. But 86 00:04:25,600 --> 00:04:28,080 Speaker 1: that's that's what he's been doing. And the thing about 87 00:04:28,120 --> 00:04:30,400 Speaker 1: it is he's won the Open twice. He won in 88 00:04:30,400 --> 00:04:33,919 Speaker 1: an eighties six at Turnberry and then at Royal St. 89 00:04:33,920 --> 00:04:37,560 Speaker 1: George in nine. So this is one of those rare 90 00:04:37,640 --> 00:04:40,560 Speaker 1: times where you have a multiple winner. And they said, 91 00:04:40,600 --> 00:04:43,440 Speaker 1: you know what, dude, you know it's been real. You 92 00:04:43,520 --> 00:04:47,080 Speaker 1: beat the live drum too long and too hard, too noisy, 93 00:04:47,279 --> 00:04:52,680 Speaker 1: and uh, we'll see you later. Yeah, this is really sad. 94 00:04:52,720 --> 00:04:57,640 Speaker 1: And I'm just talking about in general, this civil war. Uh, 95 00:04:57,960 --> 00:05:01,000 Speaker 1: you know, it's a long time ago. It used to 96 00:05:01,080 --> 00:05:05,760 Speaker 1: be about well can black players now play in the 97 00:05:05,839 --> 00:05:09,039 Speaker 1: p G A? And we got over that hurdle and 98 00:05:09,080 --> 00:05:12,320 Speaker 1: I thought, man, we are, We're home free. We're gonna 99 00:05:12,400 --> 00:05:14,760 Speaker 1: we're gonna keep going. And then all of a sudden 100 00:05:15,160 --> 00:05:18,000 Speaker 1: it just went to you know what, in a handbasket. Well, 101 00:05:18,000 --> 00:05:20,599 Speaker 1: it's free agency. It's the free agency, are you know 102 00:05:20,640 --> 00:05:23,080 Speaker 1: of golf? Right, So it's it's new, it's changing, and 103 00:05:23,120 --> 00:05:24,640 Speaker 1: it's there's a lot of money on the line, right. 104 00:05:24,680 --> 00:05:26,080 Speaker 1: So I think at the end of the day, I mean, 105 00:05:26,120 --> 00:05:28,600 Speaker 1: no one could really be blamed for for what's going 106 00:05:28,600 --> 00:05:30,640 Speaker 1: on here. But look, you know Greg Norman. Look, in 107 00:05:30,680 --> 00:05:32,479 Speaker 1: addition to the fact that he he want a few 108 00:05:32,480 --> 00:05:34,960 Speaker 1: of those, he was trying to play in this event, right, 109 00:05:35,000 --> 00:05:36,400 Speaker 1: He wanted to be a player. He wanted to be 110 00:05:36,440 --> 00:05:39,680 Speaker 1: a participator, a competitor. So you know he's he's not 111 00:05:39,680 --> 00:05:42,599 Speaker 1: going to be there. He's sixty seven. Yeah, I gotta say, 112 00:05:42,720 --> 00:05:45,239 Speaker 1: it's like, you know, it's good sixty seven years old. 113 00:05:46,240 --> 00:05:48,160 Speaker 1: You know, is there a retirement age for a professional 114 00:05:48,160 --> 00:05:51,160 Speaker 1: golf As long as you can walk and as long 115 00:05:51,200 --> 00:05:57,760 Speaker 1: as you can breathe, you you can go. So I mean, 116 00:05:57,880 --> 00:06:01,360 Speaker 1: I I salute him from the age factors, like you know, 117 00:06:01,560 --> 00:06:03,840 Speaker 1: and I know people like sixty seven is like, bar 118 00:06:03,960 --> 00:06:05,440 Speaker 1: don't let me come up with her. It's like if 119 00:06:05,440 --> 00:06:08,599 Speaker 1: you weren't around the same age. But I'm just saying 120 00:06:08,760 --> 00:06:11,960 Speaker 1: I can barely walk to the studio, let alone try 121 00:06:12,000 --> 00:06:14,480 Speaker 1: to go out on the golf course. Nobody wants, nobody 122 00:06:14,480 --> 00:06:17,240 Speaker 1: wants anyone to take the thunder away from Mr Tigger Woods, 123 00:06:17,240 --> 00:06:19,039 Speaker 1: who will be playing in the event, by the way, 124 00:06:19,120 --> 00:06:21,280 Speaker 1: and so that's going to be the interesting How many 125 00:06:21,320 --> 00:06:23,119 Speaker 1: questions do you think he's going to get about living? 126 00:06:25,279 --> 00:06:27,599 Speaker 1: By the way, Tiger Woods, He's won the open three times. 127 00:06:28,080 --> 00:06:30,520 Speaker 1: Next story. The w n b A they held their 128 00:06:30,560 --> 00:06:36,120 Speaker 1: All Star Games Sunday and they all showed support for 129 00:06:36,160 --> 00:06:40,120 Speaker 1: Brittany Grinder, who, as everybody knows, it's being held in 130 00:06:40,400 --> 00:06:45,320 Speaker 1: a Russian jail for right now. Uh. She pleaded guilty 131 00:06:45,560 --> 00:06:49,640 Speaker 1: last week to drug charges. You know, she didn't know 132 00:06:49,720 --> 00:06:54,160 Speaker 1: that she had packed some vaping oil in her luggage 133 00:06:54,560 --> 00:06:57,279 Speaker 1: and they found it and it was a small amount 134 00:06:57,520 --> 00:07:00,360 Speaker 1: but less Yeah, I mean, let we need to put 135 00:07:00,440 --> 00:07:03,960 Speaker 1: this in perspective. But she pleaded guilty and she's still 136 00:07:04,000 --> 00:07:06,279 Speaker 1: being held there now. She could face up to ten 137 00:07:06,360 --> 00:07:09,880 Speaker 1: years in prison. But last night in the w n 138 00:07:09,880 --> 00:07:13,680 Speaker 1: b A All Star Game, all of the players starting 139 00:07:13,720 --> 00:07:16,960 Speaker 1: in the second half war number forty two. That's her 140 00:07:17,040 --> 00:07:20,880 Speaker 1: number the Phoenix Mercury Center, and they also had her 141 00:07:21,000 --> 00:07:25,240 Speaker 1: name on the score board and her picture and everybody 142 00:07:25,480 --> 00:07:28,520 Speaker 1: out there, all the w n b A All Stars 143 00:07:29,120 --> 00:07:32,880 Speaker 1: gave salute Scarlett to Brittney Griner. Yeah, Um, there was 144 00:07:32,920 --> 00:07:36,040 Speaker 1: a lot of pent up frustration over I think a 145 00:07:36,040 --> 00:07:38,240 Speaker 1: lot of the players not be able to say too 146 00:07:38,320 --> 00:07:40,840 Speaker 1: much or do too much with regards to Britney Griner 147 00:07:40,920 --> 00:07:44,920 Speaker 1: because originally they were thinking that it would create this 148 00:07:45,040 --> 00:07:48,040 Speaker 1: media ruckus in a way that would work against her 149 00:07:48,120 --> 00:07:49,720 Speaker 1: as the US was trying to figure out how to 150 00:07:49,800 --> 00:07:53,400 Speaker 1: address this with Russia. But now that Grinder has pleaded guilty, 151 00:07:53,440 --> 00:07:56,560 Speaker 1: and it becomes more and more clear that it's going 152 00:07:56,600 --> 00:08:00,640 Speaker 1: to be a diplomatic, a delicate diplomatic negotiations, one that 153 00:08:00,720 --> 00:08:02,720 Speaker 1: Bill richards In, the former governor of New Mexico, is 154 00:08:02,720 --> 00:08:05,960 Speaker 1: going to kind of oversee now, Um, they are now 155 00:08:06,360 --> 00:08:09,400 Speaker 1: more able to really show their support. He went over 156 00:08:09,440 --> 00:08:11,280 Speaker 1: to is going to go over to Brussia, I believe, 157 00:08:11,480 --> 00:08:16,320 Speaker 1: to try to negotiate this Damien. And it's interesting from 158 00:08:16,320 --> 00:08:20,520 Speaker 1: the fact that she pleaded guilty, I am wondering if 159 00:08:20,560 --> 00:08:24,040 Speaker 1: it's from the advice of her lawyer to try to 160 00:08:24,120 --> 00:08:28,679 Speaker 1: get some sort of plea deal in a prisoner change. 161 00:08:28,800 --> 00:08:31,560 Speaker 1: That's exactly what happens next. So basically, her pleading guilty 162 00:08:31,680 --> 00:08:33,720 Speaker 1: is just a part of the process here, and so yes, 163 00:08:33,760 --> 00:08:36,320 Speaker 1: it clears the path for every clemency requests or a 164 00:08:36,320 --> 00:08:38,280 Speaker 1: prisoner swap between the US and Russian. And here's where 165 00:08:38,280 --> 00:08:41,200 Speaker 1: it gets interesting, right, because Russian wants they want the 166 00:08:41,200 --> 00:08:46,040 Speaker 1: Merchant of Death. They want Victor Bout, who is uh starving. Yeah, 167 00:08:46,600 --> 00:08:49,440 Speaker 1: well it's a it's a relative game. But you know 168 00:08:49,440 --> 00:08:51,840 Speaker 1: the US also wants Paul Whalen, who's a former marine 169 00:08:51,880 --> 00:08:53,679 Speaker 1: who's being held in Russia. I mean, there's a lot 170 00:08:53,679 --> 00:08:55,960 Speaker 1: of prisoners on both sides of the fence. But you know, 171 00:08:56,000 --> 00:08:58,640 Speaker 1: in this case, Britty Grinder has been in jail now 172 00:08:58,679 --> 00:09:01,520 Speaker 1: for a hundred and forty four days and her pleading guilty, 173 00:09:01,520 --> 00:09:04,400 Speaker 1: what that means is that the process next goes to sentencing. 174 00:09:04,440 --> 00:09:06,880 Speaker 1: So she's got to sit there in court while you know, 175 00:09:06,920 --> 00:09:09,880 Speaker 1: a Russian the Russian system hands down a verdict that 176 00:09:09,920 --> 00:09:13,079 Speaker 1: could be two decades in a prisoner camp in Siberia 177 00:09:13,240 --> 00:09:15,160 Speaker 1: and she's got to sit there, and you know that's 178 00:09:15,160 --> 00:09:17,960 Speaker 1: what's coming down the path for her. And you know, 179 00:09:17,960 --> 00:09:20,640 Speaker 1: we already know what the sentence, We already know what 180 00:09:20,640 --> 00:09:22,680 Speaker 1: what it's going. It's going to be higher, it's gonna 181 00:09:22,679 --> 00:09:25,320 Speaker 1: be high because they have Russian wants this other guy 182 00:09:25,360 --> 00:09:27,439 Speaker 1: that it's just gonna be. It's just frightening. I I 183 00:09:27,520 --> 00:09:34,640 Speaker 1: just I again, remember the amount of so called cannabis 184 00:09:34,679 --> 00:09:37,000 Speaker 1: in the vaporing Royal. It doesn't even matter at this point. 185 00:09:37,600 --> 00:09:42,960 Speaker 1: You're right, it doesn't matter. But it's yeah, we're praying 186 00:09:43,000 --> 00:09:47,120 Speaker 1: for you. Come on home. This has been the Bloomberg 187 00:09:47,160 --> 00:09:49,960 Speaker 1: Business of Sports podcast on Michael bar along with Scarlet 188 00:09:50,000 --> 00:09:52,840 Speaker 1: Food and Damien sass Sour and catch us here each 189 00:09:52,880 --> 00:09:55,240 Speaker 1: and every Monday, Wednesday and Thursday exploring the world of 190 00:09:55,280 --> 00:09:57,560 Speaker 1: money in sports, and catch me on Twitter at Big 191 00:09:57,559 --> 00:10:00,240 Speaker 1: Bar Sports. I'm on Twitter at Scarlett Foe and on 192 00:10:00,240 --> 00:10:03,280 Speaker 1: on Twitter at the Sassur. You're listening to Bloomberg Business 193 00:10:03,360 --> 00:10:05,920 Speaker 1: of Sports on Bloomberg Radio around the world.