1 00:00:00,840 --> 00:00:05,040 Speaker 1: Hello, I'm Scott, I'm Evan Nobi Williams. Man, if you 2 00:00:05,200 --> 00:00:08,119 Speaker 1: guys would here put coats on before these mics go on. 3 00:00:08,600 --> 00:00:11,479 Speaker 1: I'm Michael Barr and this is the Bloomberg Business of 4 00:00:11,560 --> 00:00:16,599 Speaker 1: Sports podcast where we all three of us participating. Way 5 00:00:16,600 --> 00:00:22,520 Speaker 1: to Go, E hyphen W explore in the world of 6 00:00:22,560 --> 00:00:27,640 Speaker 1: sports and lots to talk about. Let's starts. Just give 7 00:00:27,680 --> 00:00:30,600 Speaker 1: me your take first, because I like to push away 8 00:00:30,600 --> 00:00:32,440 Speaker 1: from on things like this, like to push away from 9 00:00:32,440 --> 00:00:38,320 Speaker 1: the mic and go it's the Michael Barshaw. Look, you know, 10 00:00:38,400 --> 00:00:43,360 Speaker 1: I don't know said we have to think of it 11 00:00:43,440 --> 00:00:49,400 Speaker 1: like this, never mind obviously how horrible the situation is. 12 00:00:49,800 --> 00:00:54,800 Speaker 1: You don't hit another person, you don't hit another woman, 13 00:00:55,520 --> 00:01:00,720 Speaker 1: and then think about it. You have a lot that 14 00:01:00,760 --> 00:01:03,880 Speaker 1: you're gonna throw away if you just don't reassess the 15 00:01:03,920 --> 00:01:09,280 Speaker 1: situation and back away from it. Now he's apologized, and yes, 16 00:01:09,360 --> 00:01:12,720 Speaker 1: he's twenty three years old, and I'm sure you know 17 00:01:12,800 --> 00:01:15,920 Speaker 1: as time goes along you will be forgiven. But Ray Rice, 18 00:01:16,360 --> 00:01:19,200 Speaker 1: I mean it was a similar incident where he punched 19 00:01:19,680 --> 00:01:22,920 Speaker 1: you know, his his lady and he never played football. 20 00:01:23,000 --> 00:01:26,360 Speaker 1: You ever hear this this saying A smart man learns 21 00:01:26,440 --> 00:01:31,080 Speaker 1: from his own mistakes, A truly wise man learns from 22 00:01:31,080 --> 00:01:34,720 Speaker 1: the mistakes of others. But on the business, on the 23 00:01:34,760 --> 00:01:36,720 Speaker 1: bigger I know where Evan wants to go, so I'm 24 00:01:36,720 --> 00:01:39,000 Speaker 1: gonna go to Macro. I'm gonna go on the business 25 00:01:39,080 --> 00:01:42,600 Speaker 1: of the NFL. And I saw Amy Trask, the former 26 00:01:42,720 --> 00:01:45,280 Speaker 1: Raider's CEO, was as does the NFL even care about 27 00:01:45,280 --> 00:01:47,800 Speaker 1: this stuff? Do they really care? And she boils it 28 00:01:47,840 --> 00:01:51,360 Speaker 1: down to, of course they care because it's a business matter. 29 00:01:51,760 --> 00:01:55,120 Speaker 1: If people turn away from the NFL, because this is 30 00:01:55,160 --> 00:01:57,920 Speaker 1: just a bit from a business perspective, forget about the 31 00:01:57,960 --> 00:02:00,640 Speaker 1: social forget a right right wrong dollar. Since since does 32 00:02:00,640 --> 00:02:02,360 Speaker 1: the NFL care, she says, yes, they care from a 33 00:02:02,400 --> 00:02:06,200 Speaker 1: business perspective, Then why can't they learn from the past 34 00:02:06,880 --> 00:02:11,120 Speaker 1: get this stuff right the first time? Here we go again, 35 00:02:11,160 --> 00:02:16,080 Speaker 1: where only after a video comes out does a bigger, 36 00:02:16,120 --> 00:02:20,320 Speaker 1: stiffer punishment happen When it seems they knew what happened, 37 00:02:20,760 --> 00:02:23,720 Speaker 1: did the NFL discourage the team from going to get 38 00:02:23,760 --> 00:02:27,160 Speaker 1: the video? That's what it seems like. They couldn't get it. 39 00:02:27,160 --> 00:02:29,840 Speaker 1: They tried their investigation, then it dissuaded the team from 40 00:02:29,880 --> 00:02:33,160 Speaker 1: trying to get it. Then how did TMC get it. Well, 41 00:02:33,760 --> 00:02:39,919 Speaker 1: TMC has when when when it happened with Ray Rice. 42 00:02:40,200 --> 00:02:42,680 Speaker 1: I talked to Horace Bomber, the former the former head 43 00:02:42,680 --> 00:02:45,240 Speaker 1: of security at the NBA, and he flat out said, 44 00:02:45,600 --> 00:02:48,440 Speaker 1: if it's true that the NFL tried to get the 45 00:02:48,440 --> 00:02:51,880 Speaker 1: tape and couldn't, then everybody associated with that investigation needs 46 00:02:51,880 --> 00:02:54,080 Speaker 1: to be fired. Because what he's like, what I do. 47 00:02:54,520 --> 00:02:57,960 Speaker 1: My job is to make sure I've got relationships with 48 00:02:58,080 --> 00:03:01,959 Speaker 1: law enforcement, with Hope Tales, with casinos, or if I 49 00:03:02,000 --> 00:03:04,760 Speaker 1: don't know somebody, I can call somebody who has those 50 00:03:04,760 --> 00:03:09,239 Speaker 1: relationships and get the information I need. So the NFL 51 00:03:09,280 --> 00:03:13,120 Speaker 1: has has a few detectives based in every market you 52 00:03:13,120 --> 00:03:18,720 Speaker 1: know that that are security detectives. They put one of 53 00:03:18,720 --> 00:03:21,960 Speaker 1: these guys in Cleveland on this case. He was unable 54 00:03:22,000 --> 00:03:27,880 Speaker 1: to acquire that that Bomber said, he needs to be fired. Sure, yeah, 55 00:03:28,040 --> 00:03:31,639 Speaker 1: the I'm I didn't see the Amy Trash video you're 56 00:03:31,639 --> 00:03:33,400 Speaker 1: talking about. Do you do you think this affects the 57 00:03:33,400 --> 00:03:38,360 Speaker 1: business of the NFL. I don't I think it does. 58 00:03:39,000 --> 00:03:41,920 Speaker 1: I don't think if the Kansas City Chiefs didn't do 59 00:03:41,960 --> 00:03:44,600 Speaker 1: what they did, it would definitely affect the business of 60 00:03:44,640 --> 00:03:47,800 Speaker 1: the NFL. But they the chief said, look, I know 61 00:03:47,920 --> 00:03:50,760 Speaker 1: you are a star running back. And the chiefs said, look, 62 00:03:50,800 --> 00:03:53,720 Speaker 1: we love you, but you gotta go. Man. Well, yes, 63 00:03:53,760 --> 00:03:55,920 Speaker 1: and you look back again to the Ray Rice situation. 64 00:03:55,960 --> 00:04:01,120 Speaker 1: I mean you remember, there was serious heat wrought upon 65 00:04:01,200 --> 00:04:04,320 Speaker 1: the NFL. There were serious questions as to whether Roger 66 00:04:04,360 --> 00:04:08,080 Speaker 1: Goodell should still lead this league. After that, you had 67 00:04:08,160 --> 00:04:14,000 Speaker 1: sponsors that were led by female ceo s reassessing whether 68 00:04:14,120 --> 00:04:17,400 Speaker 1: they should align themselves and their brands with the NFL. 69 00:04:17,839 --> 00:04:20,200 Speaker 1: So I understand what you're saying about. Sort of there's 70 00:04:20,240 --> 00:04:22,640 Speaker 1: this Teflon positioning of the NFL, and things are strong 71 00:04:22,680 --> 00:04:25,080 Speaker 1: and will it will it? I'm saying, you know what, 72 00:04:25,279 --> 00:04:27,800 Speaker 1: I don't think we're at a point where it could not. 73 00:04:28,160 --> 00:04:30,080 Speaker 1: I didn't even I honestly didn't even mean it from 74 00:04:30,080 --> 00:04:32,960 Speaker 1: a Teflon standpoint. I see. I see big differences between 75 00:04:32,960 --> 00:04:35,599 Speaker 1: this situation and the Ray Rice one. And the big 76 00:04:35,640 --> 00:04:39,880 Speaker 1: difference that I see is that Roger Goodell decided, when 77 00:04:40,000 --> 00:04:42,480 Speaker 1: he knew a limited scope of what ray Rice did 78 00:04:42,520 --> 00:04:46,000 Speaker 1: and what happened, decided to punish ray Rice. Turns out 79 00:04:46,040 --> 00:04:49,040 Speaker 1: there was more information, um and suddenly it becomes a 80 00:04:49,040 --> 00:04:51,720 Speaker 1: bigger deal. Right, This is a situation where there was 81 00:04:51,760 --> 00:04:55,039 Speaker 1: no original punishment there there probably should have been given 82 00:04:55,040 --> 00:04:59,160 Speaker 1: what we have now. Um, But to me, there's a 83 00:04:59,200 --> 00:05:01,760 Speaker 1: big difference. Betwe mean not getting all the information and 84 00:05:01,760 --> 00:05:04,800 Speaker 1: issuing a punishment or criticizing someone for not getting all 85 00:05:04,839 --> 00:05:07,360 Speaker 1: the information when there's no punishment given in the first place. Right, 86 00:05:07,400 --> 00:05:09,480 Speaker 1: the NFL is not going to get a video camera 87 00:05:09,920 --> 00:05:13,120 Speaker 1: of every single player that gets into an altercation at 88 00:05:13,160 --> 00:05:15,080 Speaker 1: all times. I'm not going to find out that you 89 00:05:15,200 --> 00:05:17,840 Speaker 1: came to the hotel where did this happen? A hotel thing? 90 00:05:18,080 --> 00:05:21,600 Speaker 1: There's video that's it. Sure, Yeah, but there's video video 91 00:05:21,640 --> 00:05:24,440 Speaker 1: of every time an NFL player gets to do an 92 00:05:24,440 --> 00:05:26,960 Speaker 1: altercation at a bar, there's probably video. I don't think that. 93 00:05:27,080 --> 00:05:29,640 Speaker 1: I don't think the NFL gets video on every single 94 00:05:29,640 --> 00:05:32,240 Speaker 1: one of those accounts. If the if the cops press charges, 95 00:05:32,360 --> 00:05:34,440 Speaker 1: but there is a if there's an indication of a 96 00:05:34,480 --> 00:05:37,120 Speaker 1: bigger issue, I think they probably do well. The question 97 00:05:37,160 --> 00:05:39,440 Speaker 1: is do they want the video? That's what I don't 98 00:05:39,440 --> 00:05:43,800 Speaker 1: think they do. They probably that's the problem. That's from 99 00:05:43,839 --> 00:05:46,839 Speaker 1: a business perspective, that's where the problem. And my argument 100 00:05:46,839 --> 00:05:50,040 Speaker 1: is that from a business perspective, something like deflate gate, 101 00:05:50,160 --> 00:05:53,560 Speaker 1: where the NFL obviously dedicated a lot more resources to 102 00:05:53,600 --> 00:05:55,960 Speaker 1: try and to figure out the truth. To me, is 103 00:05:56,000 --> 00:06:00,880 Speaker 1: a bigger business threat to the NHL NFL than figuring 104 00:06:00,880 --> 00:06:03,640 Speaker 1: out what Kareem Hunt did or the game. Yes, by 105 00:06:03,680 --> 00:06:05,120 Speaker 1: the way, real quick, are we in agreement that we 106 00:06:05,160 --> 00:06:07,520 Speaker 1: think Kareem Hunt will play in the NFL again? Yes? Yes, 107 00:06:07,760 --> 00:06:11,039 Speaker 1: yes he will. So he obviously this is not the 108 00:06:11,080 --> 00:06:13,360 Speaker 1: intention he gets out of his rookie deal a couple 109 00:06:13,400 --> 00:06:16,640 Speaker 1: of years early. He's a bona fide superstar on the field. 110 00:06:17,240 --> 00:06:19,280 Speaker 1: Is there a chance that he ends up making more 111 00:06:19,320 --> 00:06:22,200 Speaker 1: monetarily making making a lot more money off of this? 112 00:06:22,279 --> 00:06:25,480 Speaker 1: I'd have to see what limitations the NFL put on 113 00:06:25,560 --> 00:06:28,760 Speaker 1: whether the designation is still that rookie term or whether 114 00:06:28,760 --> 00:06:31,599 Speaker 1: he's just an unrestricted free agent. Actually, I don't know 115 00:06:31,600 --> 00:06:36,320 Speaker 1: what the deals are. Well, and if he comes back, 116 00:06:37,320 --> 00:06:39,480 Speaker 1: let's let's see where he comes in just a straight 117 00:06:39,520 --> 00:06:42,159 Speaker 1: up unrestricted free agent. You know they'll be big dollars 118 00:06:42,200 --> 00:06:47,840 Speaker 1: waiting for him. Speaking of football fan duel, they're already 119 00:06:47,839 --> 00:06:50,159 Speaker 1: paying out the bets for people who pick Alabama to 120 00:06:50,240 --> 00:06:54,240 Speaker 1: win the College Football Playoff national championship. Alabama, by the way, 121 00:06:54,480 --> 00:06:58,080 Speaker 1: you don't know the playoffs. Yet Alabama faces Oklahoma, Clemson 122 00:06:58,120 --> 00:07:03,320 Speaker 1: faces Notre Dame. Evan got yeah. So, I mean, I 123 00:07:03,360 --> 00:07:06,640 Speaker 1: think a lot of us UH sports betterers were kind 124 00:07:06,640 --> 00:07:09,040 Speaker 1: of caught off guard by this. But but but FanDuel 125 00:07:09,440 --> 00:07:11,960 Speaker 1: announced last week that they were automatically paying out everyone 126 00:07:11,960 --> 00:07:14,520 Speaker 1: who had bet Alabama to win the national title. So 127 00:07:14,600 --> 00:07:17,720 Speaker 1: this is before Alabama beat Georgia, before they were guaranteed 128 00:07:17,760 --> 00:07:20,600 Speaker 1: a slot in the college football playoffs. Barely beat Georgia, 129 00:07:20,720 --> 00:07:23,600 Speaker 1: barely beat would have been probably would have been, but 130 00:07:23,800 --> 00:07:25,320 Speaker 1: it would have been fun. Then they said, you know, 131 00:07:25,480 --> 00:07:28,680 Speaker 1: we're not going to pay those um but this is 132 00:07:28,960 --> 00:07:31,440 Speaker 1: I mean, as I mean, savvy listeners can already figure 133 00:07:31,480 --> 00:07:33,640 Speaker 1: out this is just a marketing ploy, right, There's a 134 00:07:33,640 --> 00:07:35,440 Speaker 1: good chance they're gonna have to pay this out already. 135 00:07:35,640 --> 00:07:37,200 Speaker 1: I'm sure they looked at their books, looked at the 136 00:07:37,200 --> 00:07:40,320 Speaker 1: exposure they had on Alabama plus the other teams that 137 00:07:40,320 --> 00:07:42,200 Speaker 1: that might have a shot, and said, you know what, Listen, 138 00:07:42,200 --> 00:07:44,120 Speaker 1: we might end up taking a bath on this. If 139 00:07:44,440 --> 00:07:47,000 Speaker 1: Clemson beats Alabama in the title, we're gonna have to 140 00:07:47,040 --> 00:07:50,320 Speaker 1: pay out two futures. But it's important for us to 141 00:07:50,400 --> 00:07:55,160 Speaker 1: kind of engender some you know, some relationship with Yeah, 142 00:07:55,200 --> 00:07:59,040 Speaker 1: so Patty Power, which which bought FanDuel uh last year. 143 00:07:59,520 --> 00:08:02,160 Speaker 1: Earlier year, Um, this is something they do all the time. Right. 144 00:08:02,160 --> 00:08:04,720 Speaker 1: They'll often allow you to bet on man City and 145 00:08:04,760 --> 00:08:07,840 Speaker 1: if Man City loses, but Sergio Aguero scores, you get 146 00:08:07,880 --> 00:08:09,800 Speaker 1: your money back. Right there. These are things that are 147 00:08:10,160 --> 00:08:12,280 Speaker 1: you know, they try to make it sound like they're 148 00:08:12,320 --> 00:08:15,440 Speaker 1: your buddy, but in reality they're all background and making 149 00:08:15,480 --> 00:08:19,520 Speaker 1: Barri Sergio Aguero reference where I was not expecting so immense. 150 00:08:20,560 --> 00:08:22,840 Speaker 1: I was I was going to go more infantile. I'm 151 00:08:22,880 --> 00:08:25,520 Speaker 1: at your buddy pal, I'm at your pal friend if 152 00:08:25,560 --> 00:08:27,880 Speaker 1: they paid me out before my bed actually wins here 153 00:08:27,880 --> 00:08:30,840 Speaker 1: my friend, by the way, is this is four thousand 154 00:08:30,880 --> 00:08:33,800 Speaker 1: dollars fan duels like and like Evna was saying, this 155 00:08:33,840 --> 00:08:37,640 Speaker 1: is four hundred thousand dollars worth of advertise, nine posters 156 00:08:37,640 --> 00:08:41,240 Speaker 1: on the New Jersey Transit And don't forget this is 157 00:08:41,280 --> 00:08:43,720 Speaker 1: the company that you know went the other way and 158 00:08:43,760 --> 00:08:46,560 Speaker 1: had some really terrible press earlier this year when that 159 00:08:46,640 --> 00:08:50,760 Speaker 1: better who who capitalized on a bad glitch in the 160 00:08:50,880 --> 00:08:53,719 Speaker 1: in the odds originally was not paid out and then 161 00:08:53,920 --> 00:08:57,000 Speaker 1: was um because Vandal didn't didn't want to pay them, 162 00:08:57,040 --> 00:08:59,400 Speaker 1: So I think they're they're they're realizing. Certainly, Patty Power 163 00:08:59,760 --> 00:09:02,480 Speaker 1: knows this back in the back in Europe. You know, 164 00:09:02,520 --> 00:09:05,000 Speaker 1: the little things like this maybe actually go a long 165 00:09:05,000 --> 00:09:07,160 Speaker 1: way and end up being more profitable. Let's move on 166 00:09:07,200 --> 00:09:11,000 Speaker 1: to Fanatics, the world's largest seller of licensed sports peril. 167 00:09:11,000 --> 00:09:15,559 Speaker 1: They're branching out into competitive video gaming. Yeah, just another 168 00:09:15,880 --> 00:09:18,800 Speaker 1: step forward for e sports, right, a deal for Overwatch 169 00:09:18,920 --> 00:09:21,480 Speaker 1: League that looks very much like the kind of deal 170 00:09:21,520 --> 00:09:25,600 Speaker 1: that Fanatics has with NFL, NBA, NHL, etcetera. I can't 171 00:09:25,600 --> 00:09:28,040 Speaker 1: wait to see, like who are the biggest stars? Like 172 00:09:28,040 --> 00:09:30,240 Speaker 1: who it is? Like? Do you buy the team? Do 173 00:09:30,280 --> 00:09:32,400 Speaker 1: you buy the star? Yeah? I don't know. I mean 174 00:09:32,400 --> 00:09:38,760 Speaker 1: you more and just note this is more for team 175 00:09:38,760 --> 00:09:41,520 Speaker 1: and league. Um. But another thing they're doing. Fanatics has 176 00:09:41,559 --> 00:09:43,880 Speaker 1: this big memorabilia arm and they're going to be introducing 177 00:09:44,320 --> 00:09:47,600 Speaker 1: you know, game use jerseys, you know, collectibles, autograph stuff, 178 00:09:47,640 --> 00:09:49,720 Speaker 1: which is kind of a new thing for for Brandon 179 00:09:49,760 --> 00:09:54,840 Speaker 1: Steiner to advertise this. I mean, it makes perfect sense. 180 00:09:55,200 --> 00:09:57,679 Speaker 1: If the audiences are what we think they are on 181 00:09:57,720 --> 00:10:00,280 Speaker 1: a global basis, and that I mean the number say 182 00:10:00,280 --> 00:10:03,960 Speaker 1: they are, you would think that these teams would have 183 00:10:04,160 --> 00:10:08,240 Speaker 1: loyal followings, just like the traditional sports teams that we see. Yeah, 184 00:10:08,280 --> 00:10:10,920 Speaker 1: and Overwatch League right now all based out in California, 185 00:10:10,960 --> 00:10:12,920 Speaker 1: But in a couple of years, all those teams will 186 00:10:12,920 --> 00:10:14,760 Speaker 1: go to their home markets, and that will be a 187 00:10:14,800 --> 00:10:20,720 Speaker 1: league that has teams in Canada, the US, England, France, China, 188 00:10:20,960 --> 00:10:23,920 Speaker 1: South Korea, a truly global league of which there are 189 00:10:23,920 --> 00:10:25,599 Speaker 1: not many. When it comes, I can't wait. So I 190 00:10:25,600 --> 00:10:26,880 Speaker 1: it's like, hey, what do you Is that a minor 191 00:10:26,920 --> 00:10:30,280 Speaker 1: league baseball? Is that a CFL? No? No, no, this 192 00:10:30,360 --> 00:10:36,160 Speaker 1: is my Overwatch Yes, yes for a guy like me, 193 00:10:36,280 --> 00:10:39,640 Speaker 1: because and I think what's gonna happen is the jerseys 194 00:10:39,640 --> 00:10:42,920 Speaker 1: are going to start basic first, like Overwatch, and it's 195 00:10:42,960 --> 00:10:45,839 Speaker 1: just like selling a jersey for the National Football League. 196 00:10:46,000 --> 00:10:48,480 Speaker 1: Even you tell me if I'm wrong, I'm envisioning only 197 00:10:48,520 --> 00:10:50,959 Speaker 1: I mean he's doing he's doing his little thing. There 198 00:10:51,000 --> 00:10:53,480 Speaker 1: the only thing and this is terrible, but the only 199 00:10:53,480 --> 00:10:55,240 Speaker 1: you know you and I know I tell you. Weird 200 00:10:55,240 --> 00:11:00,880 Speaker 1: things go through my head only no, no be button 201 00:11:00,880 --> 00:11:03,960 Speaker 1: needed here. The only thing going through my head is 202 00:11:04,080 --> 00:11:12,720 Speaker 1: bar sitting here in this medium, like I see you 203 00:11:12,880 --> 00:11:15,800 Speaker 1: just in this like oh my wife bought me this 204 00:11:19,320 --> 00:11:23,120 Speaker 1: powder blue nice powder, but not quite what we're looking for. 205 00:11:23,320 --> 00:11:25,439 Speaker 1: I do wear past Hill shirts. I know that's what 206 00:11:25,440 --> 00:11:28,000 Speaker 1: I'm saying. I see a powder blues media. I mean 207 00:11:28,000 --> 00:11:33,360 Speaker 1: you're just like anyway. I'm moving right along. By Michael 208 00:11:33,360 --> 00:11:37,400 Speaker 1: Barr a small medium. Yeah wow, I didn't know what 209 00:11:37,480 --> 00:11:46,040 Speaker 1: Cayman Beer Billy Joe l mb S star. He is 210 00:11:46,120 --> 00:11:49,920 Speaker 1: having a competition with the team about the trademark over 211 00:11:49,960 --> 00:11:53,480 Speaker 1: the phrase trust the Process. I love this. I love 212 00:11:53,480 --> 00:11:57,280 Speaker 1: when players try to jump into pat Riley has three trademarked, 213 00:11:57,720 --> 00:12:01,080 Speaker 1: which is also controversial, right, No, I thought someone else 214 00:12:01,080 --> 00:12:04,199 Speaker 1: claimed that they have, well, yes, and that Byron it 215 00:12:04,280 --> 00:12:06,880 Speaker 1: was Byron Scott's idea, but he never he said it, 216 00:12:06,880 --> 00:12:09,760 Speaker 1: but never really did anything with it. So Riley was 217 00:12:09,880 --> 00:12:12,160 Speaker 1: perfectly within his right to actually go do it. Scott 218 00:12:12,200 --> 00:12:13,520 Speaker 1: wouldn't talk to me about it. I did a story 219 00:12:13,559 --> 00:12:16,360 Speaker 1: and that years ago. Scott didn't. He was just it 220 00:12:16,400 --> 00:12:18,000 Speaker 1: was related to me that he was angry about it, 221 00:12:18,040 --> 00:12:21,240 Speaker 1: but that was it. But Joel Embiid trying to trademark 222 00:12:21,280 --> 00:12:23,920 Speaker 1: trust the Process, which is of course this whole tanking 223 00:12:24,000 --> 00:12:28,440 Speaker 1: and now building for the Sixers, but not the Sixers 224 00:12:28,440 --> 00:12:32,480 Speaker 1: did it first, So it's gonna be interesting, really gonna ship, 225 00:12:32,559 --> 00:12:34,959 Speaker 1: I mean, they don't have to. Someone's gonna have to 226 00:12:35,080 --> 00:12:37,760 Speaker 1: obviously get the trademark that you have to put in 227 00:12:37,800 --> 00:12:39,320 Speaker 1: for the process with the us P t O, and 228 00:12:39,360 --> 00:12:42,199 Speaker 1: then they award the trademark. But the Sixers want to 229 00:12:42,240 --> 00:12:45,040 Speaker 1: be battling with their best player or do they want 230 00:12:45,040 --> 00:12:49,080 Speaker 1: to somehow incorporate EMBIID. That's the parts most interesting. I 231 00:12:49,080 --> 00:12:52,600 Speaker 1: can't this is a big story, but fun. I can't 232 00:12:52,640 --> 00:12:58,040 Speaker 1: remember not at odds over something like trying to figure 233 00:12:58,080 --> 00:13:00,000 Speaker 1: this out, which I mean, who does anybody really think 234 00:13:00,000 --> 00:13:02,760 Speaker 1: gonna get there? Maybe Joel says, oh, I didn't realize. Okay, 235 00:13:02,880 --> 00:13:05,360 Speaker 1: you know, tell his reps drop it. But maybe Yeah, 236 00:13:05,480 --> 00:13:07,480 Speaker 1: it does seem as though, and I don't follow the 237 00:13:07,520 --> 00:13:10,120 Speaker 1: Sixers all that closely, but it feels as though Joel 238 00:13:10,200 --> 00:13:13,360 Speaker 1: has been kind of the driving force behind keeping trust 239 00:13:13,400 --> 00:13:18,400 Speaker 1: the process. Yes, very well, good on social you think 240 00:13:18,440 --> 00:13:21,640 Speaker 1: it would be good to have him as a partner there? Hey, 241 00:13:21,679 --> 00:13:25,120 Speaker 1: this is the Bloomberg Business of Sports podcast. I'm Michael Barr, 242 00:13:25,160 --> 00:13:28,480 Speaker 1: along with Scott Snick and Evan We are here each 243 00:13:28,520 --> 00:13:31,040 Speaker 1: and every Monday, Wednesday and Thursday exploring the world of 244 00:13:31,080 --> 00:13:32,880 Speaker 1: money in sports. Join us again at the end of 245 00:13:32,920 --> 00:13:35,800 Speaker 1: the week when we speak with the commissioner. However, luck 246 00:13:35,840 --> 00:13:40,360 Speaker 1: of the xfl X, you're listening to the Bloomberg Business 247 00:13:40,360 --> 00:13:43,199 Speaker 1: of Sports on Bloomberg Ready all around the world and online, 248 00:13:43,240 --> 00:13:44,679 Speaker 1: where our podcast is a failing