1
00:00:02,480 --> 00:00:05,880
Speaker 1: Hello, I'm Scott So, I'm Evan, Noby Williams and Michael Blare.

2
00:00:06,040 --> 00:00:09,120
Speaker 1: This is the Bloomberg Business of sports, where we we're

3
00:00:09,160 --> 00:00:12,319
Speaker 1: all here. I missed you. We missed you too. I

4
00:00:12,320 --> 00:00:14,480
Speaker 1: didn't miss Evan. I missed you. I missed you too.

5
00:00:14,800 --> 00:00:16,640
Speaker 1: Evan was near your hometown. Didn't call to say he

6
00:00:16,720 --> 00:00:18,360
Speaker 1: was going to be there. Didn't call. By the way,

7
00:00:18,400 --> 00:00:21,440
Speaker 1: I'm buying the Dimmick man is like in Milford, he

8
00:00:21,520 --> 00:00:27,080
Speaker 1: was right there, I didn't call, didn't call. But what

9
00:00:27,080 --> 00:00:29,840
Speaker 1: what does that say? It says that I was going

10
00:00:29,880 --> 00:00:34,400
Speaker 1: to buy him drinks but windows gone. Next time. Medina,

11
00:00:34,960 --> 00:00:37,600
Speaker 1: you heard it. It's like you're in there the Witness.

12
00:00:39,479 --> 00:00:42,120
Speaker 1: We explore the big money issues in the world of sports,

13
00:00:42,680 --> 00:00:47,000
Speaker 1: lots of topics to talk about. Let's start, well, Yankees.

14
00:00:47,560 --> 00:00:51,160
Speaker 1: There's always next year, so there seems the better team

15
00:00:51,159 --> 00:00:54,520
Speaker 1: one and big market big stars. It's not like this

16
00:00:54,600 --> 00:00:56,120
Speaker 1: is not one of those. Were the TV folks like,

17
00:00:56,160 --> 00:00:58,160
Speaker 1: I mean, of course New York is New York. But

18
00:00:58,440 --> 00:01:01,680
Speaker 1: if you can't have Yankees Red Sox in the ALCS,

19
00:01:02,440 --> 00:01:04,160
Speaker 1: you had in the Division Series and you've got the

20
00:01:04,160 --> 00:01:08,119
Speaker 1: defending World Series champions against big market high spending big

21
00:01:08,160 --> 00:01:11,560
Speaker 1: star Boston. TV has got to be happy with this. Yeah,

22
00:01:11,640 --> 00:01:14,120
Speaker 1: I mean, as you guys know, TV really only cares

23
00:01:14,120 --> 00:01:16,399
Speaker 1: about that. I mean, the matchup matters. The number of games,

24
00:01:16,440 --> 00:01:18,320
Speaker 1: it's the biggest thing. You know, they would have loved

25
00:01:18,400 --> 00:01:21,640
Speaker 1: to see, you know, a deciding game in this series.

26
00:01:22,160 --> 00:01:24,640
Speaker 1: Um but in you know, in light of not getting that,

27
00:01:24,720 --> 00:01:27,200
Speaker 1: sure you got you know, anytime you get Boston Yankees

28
00:01:27,240 --> 00:01:29,039
Speaker 1: in a in a series that is in one game long,

29
00:01:29,480 --> 00:01:32,039
Speaker 1: I think if you're a TV you know provider, or

30
00:01:32,080 --> 00:01:35,280
Speaker 1: if you're Major League Baseball, you're happy with that. It's

31
00:01:35,280 --> 00:01:38,440
Speaker 1: the time to make the series now seven games, like

32
00:01:38,640 --> 00:01:41,600
Speaker 1: you have the championship series. You know what these games

33
00:01:41,600 --> 00:01:43,679
Speaker 1: in October when you're in New York and Boston, Like

34
00:01:43,720 --> 00:01:46,520
Speaker 1: there are times hanging the Yankee stadium late in October,

35
00:01:46,560 --> 00:01:48,800
Speaker 1: I couldn't feel my hands. Like it's I don't know,

36
00:01:48,960 --> 00:01:50,800
Speaker 1: you gotta you gotta figure that out. I'm okay with

37
00:01:50,840 --> 00:01:52,880
Speaker 1: three out of five, and it's an advantage, like the

38
00:01:52,960 --> 00:01:55,600
Speaker 1: Yankees had to play that extra game, so Severino pitched,

39
00:01:55,680 --> 00:01:57,640
Speaker 1: and you should have a big advantage if you're the

40
00:01:57,680 --> 00:02:01,240
Speaker 1: division champ. Just looking forward, you know to this Yankees

41
00:02:01,280 --> 00:02:03,840
Speaker 1: Red Sox rivalry and shout out to best friend of

42
00:02:03,880 --> 00:02:09,960
Speaker 1: the pod, Julie up in Boston, Yankee in Boston. This

43
00:02:10,000 --> 00:02:12,360
Speaker 1: is good for baseball right moving forward. Yankees certainly seemed

44
00:02:12,400 --> 00:02:13,920
Speaker 1: like they're going to be good for a while. The

45
00:02:13,919 --> 00:02:16,280
Speaker 1: Red Sox, you know, their highest payroll in baseball, but

46
00:02:16,320 --> 00:02:17,919
Speaker 1: you know they're gonna be good for a while too.

47
00:02:18,240 --> 00:02:20,360
Speaker 1: I imagine the fact that these two teams, you know,

48
00:02:20,440 --> 00:02:22,880
Speaker 1: we're two of the top teams in the league this

49
00:02:23,000 --> 00:02:25,960
Speaker 1: year and could be for the future, is a good

50
00:02:25,960 --> 00:02:28,880
Speaker 1: thing moving forward for the business of baseball. The Yankees

51
00:02:28,960 --> 00:02:31,480
Speaker 1: and the Red Sox are the bestest of friends. It's

52
00:02:31,560 --> 00:02:33,920
Speaker 1: the best thing that could happen to each franchise that

53
00:02:33,919 --> 00:02:35,680
Speaker 1: they have each other to playoff. Yeah, so bar I

54
00:02:35,680 --> 00:02:37,560
Speaker 1: guess the idea is that if the Yankees and Red

55
00:02:37,560 --> 00:02:41,239
Speaker 1: Sox are playing seven game series, no matter what, you

56
00:02:41,320 --> 00:02:43,720
Speaker 1: end up with the Twins and the and the Royals.

57
00:02:44,080 --> 00:02:46,480
Speaker 1: But I gotta say, now, watching games, watching the Astros,

58
00:02:46,520 --> 00:02:48,280
Speaker 1: now that you know about them, you've you've sort of

59
00:02:48,280 --> 00:02:52,320
Speaker 1: been introduced to Altuve and the others last year. That's

60
00:02:52,520 --> 00:02:54,360
Speaker 1: that's great stuff. Now baseball has got to be happy

61
00:02:54,400 --> 00:02:57,840
Speaker 1: that those guys and sort of this star driven Red Sox,

62
00:02:58,160 --> 00:02:59,720
Speaker 1: that it's a great thing for baseball. I mean the

63
00:02:59,720 --> 00:03:02,400
Speaker 1: country will be interested, not just the Northeast, but the

64
00:03:02,440 --> 00:03:05,040
Speaker 1: country will be interested in watching that match up. I

65
00:03:05,080 --> 00:03:07,799
Speaker 1: assume that the only the dud left is the Brewers, right.

66
00:03:07,800 --> 00:03:10,520
Speaker 1: I mean, if you're if you care about, you know,

67
00:03:10,639 --> 00:03:13,120
Speaker 1: interest in the World Series, I'd imagine you're rooting for

68
00:03:13,160 --> 00:03:16,280
Speaker 1: the Dodger Marko, if you're listening, I sent you an email.

69
00:03:16,360 --> 00:03:18,360
Speaker 1: We'd love to have you on the show next week.

70
00:03:18,840 --> 00:03:21,000
Speaker 1: Well you know what, though, it's there are a lot

71
00:03:21,080 --> 00:03:23,720
Speaker 1: of people that are Brewers fans, and a lot of

72
00:03:23,720 --> 00:03:28,240
Speaker 1: people are rooting for the so called underdog that I

73
00:03:28,320 --> 00:03:30,480
Speaker 1: love the I love the new blood thing and yellows,

74
00:03:30,600 --> 00:03:33,000
Speaker 1: and I love getting the new the new taste of

75
00:03:33,440 --> 00:03:35,640
Speaker 1: teams you don't get to see all the time, and

76
00:03:35,760 --> 00:03:37,800
Speaker 1: I would I love I'm looking forward to watching the

77
00:03:37,800 --> 00:03:46,360
Speaker 1: Brewers play another another. I think you're in the minority

78
00:03:46,400 --> 00:03:48,520
Speaker 1: there in terms of sports fan You know what baseball

79
00:03:48,560 --> 00:03:51,160
Speaker 1: finally got. They got the Dodgers again, So you've got

80
00:03:51,160 --> 00:03:58,520
Speaker 1: the national brand. You got a h for lack of Yes,

81
00:03:58,840 --> 00:04:00,880
Speaker 1: by the way, see the bath is he coming back

82
00:04:00,920 --> 00:04:05,920
Speaker 1: to the Yankees? No, you do think the Yankees need

83
00:04:05,920 --> 00:04:11,280
Speaker 1: to figure out pitching. You know they prioritize batting or

84
00:04:11,400 --> 00:04:13,920
Speaker 1: hitting In the last offseason. I don't know if they

85
00:04:13,960 --> 00:04:16,719
Speaker 1: prioritize it. They just saw an opportunity to get Stanton

86
00:04:17,160 --> 00:04:21,440
Speaker 1: and the money that came with it. Yeah, boy, I

87
00:04:21,440 --> 00:04:23,960
Speaker 1: don't know. I mean, this is not criticism. I just

88
00:04:24,000 --> 00:04:27,120
Speaker 1: see it all the time. If I was a baseball executive,

89
00:04:28,200 --> 00:04:30,920
Speaker 1: all my dollars, all of them going into pitching, all

90
00:04:30,920 --> 00:04:33,920
Speaker 1: of it. I just someone's gonna get hurt, someone's gonna

91
00:04:34,000 --> 00:04:38,040
Speaker 1: not play whatever. You cannot have enough. By the way,

92
00:04:38,080 --> 00:04:43,720
Speaker 1: did you hear what Sabathias said about umpire Angel Hernandez. Whoa,

93
00:04:44,520 --> 00:04:48,520
Speaker 1: It was not good. He said he shouldn't be anywhere

94
00:04:48,560 --> 00:04:51,640
Speaker 1: near these playoff games. He's bad. I don't understand why

95
00:04:51,680 --> 00:04:55,480
Speaker 1: he's doing these games. It's sad that he's doing these games.

96
00:04:55,680 --> 00:05:01,280
Speaker 1: It's crazy. He's always bad. He's a bad umpire might drop.

97
00:05:01,480 --> 00:05:04,679
Speaker 1: I'm out of you. We needed Hule behind. There seems

98
00:05:04,720 --> 00:05:08,320
Speaker 1: to be consensus nobody Angel Hernandez. Yeah, I saw Paula

99
00:05:08,360 --> 00:05:10,840
Speaker 1: Duco was tweeting something about it, and then chipp Or

100
00:05:10,920 --> 00:05:13,000
Speaker 1: Jones said he wished he could retweet it. A hundred

101
00:05:13,000 --> 00:05:16,280
Speaker 1: times for emphasis. It does seem as though there's a

102
00:05:16,480 --> 00:05:19,000
Speaker 1: there is a lot of consensus about about his performance.

103
00:05:20,040 --> 00:05:21,640
Speaker 1: I wish I had a suit and tie right now?

104
00:05:23,320 --> 00:05:26,440
Speaker 1: Did you get it? There's a there's a connection, you see,

105
00:05:26,640 --> 00:05:31,880
Speaker 1: you got it? Man, I'm looking at the I have

106
00:05:31,880 --> 00:05:35,159
Speaker 1: no idea what you're talking about, but that's our comfort

107
00:05:35,240 --> 00:05:38,400
Speaker 1: zone in this. No, I'm not going to sing it.

108
00:05:38,440 --> 00:05:40,760
Speaker 1: I can't do it to sing it. Oh, timber Lake

109
00:05:40,800 --> 00:05:44,240
Speaker 1: has a song. Pop star Justin Timberlake, basketball legend Kobe

110
00:05:44,240 --> 00:05:48,000
Speaker 1: Bryant are in talks to create programs for new TV.

111
00:05:48,160 --> 00:05:50,920
Speaker 1: According to people with knowledge of the matter, see Justin

112
00:05:51,000 --> 00:05:53,000
Speaker 1: Timberlake suit and tie. Wait, so he's going to wear

113
00:05:53,040 --> 00:05:55,719
Speaker 1: a suit and tie this? I'm so confused. No, that's

114
00:05:55,760 --> 00:06:00,720
Speaker 1: the song, you know, if you got it? Explaining the joke,

115
00:06:00,800 --> 00:06:04,159
Speaker 1: it's not funny, or maybe it's just not another people

116
00:06:04,160 --> 00:06:06,760
Speaker 1: won't know it, so you shouldn't make the joke. But anyway,

117
00:06:06,600 --> 00:06:10,640
Speaker 1: the key here Evan new TV is who founded the

118
00:06:10,640 --> 00:06:14,000
Speaker 1: company's Jeffrey Katzenberg and Med Whitman. These are two titans

119
00:06:14,360 --> 00:06:17,520
Speaker 1: putting together again new Media. It's a it's about video

120
00:06:17,600 --> 00:06:21,839
Speaker 1: shorts and uh, Kobe, He's he's sort of proven himself

121
00:06:21,880 --> 00:06:24,440
Speaker 1: in this area. Absolutely. Yeah. I mean Kobe, as most

122
00:06:24,480 --> 00:06:27,400
Speaker 1: people know, won an Oscar for for short film this year.

123
00:06:27,440 --> 00:06:31,160
Speaker 1: You know, he he's very active. He directed the commercials

124
00:06:31,240 --> 00:06:33,840
Speaker 1: for body Armor, which is a sports drink that he

125
00:06:33,839 --> 00:06:36,960
Speaker 1: has an equity stake in. He is he's becoming very

126
00:06:37,000 --> 00:06:40,440
Speaker 1: active in the video space. And you mentioned women in Katzenberg.

127
00:06:41,080 --> 00:06:43,440
Speaker 1: The pedigree across this company is good. They raised a

128
00:06:43,480 --> 00:06:49,560
Speaker 1: billion dollar round last year. Investors include Disney, Century Fox, NBCUniversal,

129
00:06:49,680 --> 00:06:54,760
Speaker 1: Sony Pictures, Entertainment, Viacom, but other than Warner Media, lions Gate, MGM.

130
00:06:54,800 --> 00:06:59,080
Speaker 1: You know in Hollywood, studios open their wallets to these folks.

131
00:06:59,080 --> 00:07:03,440
Speaker 1: They clearly believe that within this world of smaller, shorter,

132
00:07:04,120 --> 00:07:06,400
Speaker 1: well produced content, there's a hole in the market that

133
00:07:06,400 --> 00:07:07,839
Speaker 1: can be filled. What do you think about this bar

134
00:07:08,400 --> 00:07:11,680
Speaker 1: The company plans to spend the equivalent of up to

135
00:07:11,800 --> 00:07:16,840
Speaker 1: five million dollars an hour on the shows, on top

136
00:07:16,880 --> 00:07:20,160
Speaker 1: of production costs. I mean, it's this. I just want

137
00:07:20,160 --> 00:07:21,520
Speaker 1: to see how this is going to turn out. And

138
00:07:21,640 --> 00:07:24,200
Speaker 1: by the way, they want to roll this out by

139
00:07:24,400 --> 00:07:27,120
Speaker 1: the end of twenty nineteen. But I want to see

140
00:07:27,160 --> 00:07:29,680
Speaker 1: how this turns out. To the nets and that's they're

141
00:07:29,680 --> 00:07:32,720
Speaker 1: saying five million. Now this could even rise even more. Yeah,

142
00:07:32,720 --> 00:07:34,840
Speaker 1: I mean it's like an a run contract, right, five

143
00:07:34,880 --> 00:07:39,560
Speaker 1: million dollars every five Hello, hello Texas. Ranges from your lips, buddy,

144
00:07:39,560 --> 00:07:44,120
Speaker 1: from your lips. I mean it's interesting, Um, how much

145
00:07:44,400 --> 00:07:47,480
Speaker 1: the appetite for short clip. I guess it's out there

146
00:07:47,480 --> 00:07:49,560
Speaker 1: that we see where the attention span is these days.

147
00:07:49,800 --> 00:07:53,480
Speaker 1: It's not two hour stuff. It's shorter, shorter, shorter, and

148
00:07:53,520 --> 00:07:56,200
Speaker 1: it will be subscription. I believe the price point right

149
00:07:56,240 --> 00:07:58,120
Speaker 1: now five dollars if you if you're willing to look

150
00:07:58,120 --> 00:08:00,840
Speaker 1: at adds, eight dollars if you're not. There's a lot

151
00:08:00,840 --> 00:08:03,000
Speaker 1: of content out there that's free, you know that. Look

152
00:08:03,000 --> 00:08:04,800
Speaker 1: at where would you be five bucks? Right? Where would

153
00:08:04,800 --> 00:08:08,440
Speaker 1: you put your money down zero? I mean I'm not

154
00:08:08,480 --> 00:08:10,360
Speaker 1: paying eight. I promise you that. I'm saying, if you

155
00:08:10,400 --> 00:08:12,200
Speaker 1: were doing one or the other, five, for sure you're

156
00:08:12,200 --> 00:08:15,000
Speaker 1: gonna watch the Absolutely, I'm principal that would pay five

157
00:08:15,800 --> 00:08:19,200
Speaker 1: because without the ads, we don't get paid. Well if

158
00:08:19,360 --> 00:08:22,320
Speaker 1: if you're a subscription service, you know, then no, but

159
00:08:22,400 --> 00:08:25,119
Speaker 1: the ads come in also, It's like, that's that's extra

160
00:08:25,160 --> 00:08:29,480
Speaker 1: coin we're making for us in the dual revenue stream.

161
00:08:30,280 --> 00:08:32,800
Speaker 1: I value my time at zero dollars per hour, so

162
00:08:33,200 --> 00:08:37,360
Speaker 1: we value your time at zero five dollars. Watching the

163
00:08:37,400 --> 00:08:43,040
Speaker 1: ads Tokyo Olympics, the spending, it just goes up and

164
00:08:43,160 --> 00:08:45,760
Speaker 1: up and up and up and up. It looks like

165
00:08:45,800 --> 00:08:48,040
Speaker 1: the lead of the stories when you say the price tag,

166
00:08:48,080 --> 00:08:50,880
Speaker 1: and it seems like every Olympics. You can just write

167
00:08:50,880 --> 00:08:55,640
Speaker 1: the template the price tag for the parentheses filling Olympics here. Sorry,

168
00:08:55,960 --> 00:08:59,000
Speaker 1: whatever they think it's going to cost, it costs way

169
00:08:59,000 --> 00:09:04,680
Speaker 1: more what you used this for. Huh yeah, this is

170
00:09:05,240 --> 00:09:08,520
Speaker 1: to put it in context. It's billion would be much

171
00:09:08,640 --> 00:09:12,000
Speaker 1: less than what Russia spent for its Olympics, would be

172
00:09:12,080 --> 00:09:15,680
Speaker 1: less than what Beijing spent for it It's Olympics as well. Um.

173
00:09:15,960 --> 00:09:19,600
Speaker 1: I think the noticeable thing here is that for the

174
00:09:19,679 --> 00:09:22,560
Speaker 1: for the I o C, Tokyo was going to be

175
00:09:22,600 --> 00:09:25,600
Speaker 1: the cheap Olympics, right. It was gonna be an example

176
00:09:25,679 --> 00:09:27,960
Speaker 1: of what happens when you pick a city that has

177
00:09:28,040 --> 00:09:30,480
Speaker 1: a lot of infrastructure already in place, that has some

178
00:09:30,520 --> 00:09:33,760
Speaker 1: sports buildings already in place. As well as we see

179
00:09:33,880 --> 00:09:37,280
Speaker 1: fewer and fewer countries around the world willing to open

180
00:09:37,360 --> 00:09:40,640
Speaker 1: their piggy bank and willing to spend billions on hosting

181
00:09:40,640 --> 00:09:43,800
Speaker 1: these mega events. Tokyo was going to be, you know,

182
00:09:43,880 --> 00:09:46,400
Speaker 1: the the the example of what happens when the city

183
00:09:46,520 --> 00:09:48,040
Speaker 1: does it and doesn't need to spend that. This is

184
00:09:48,040 --> 00:09:50,480
Speaker 1: what the i o C needed because so many cities

185
00:09:50,480 --> 00:09:53,000
Speaker 1: were bowling out of bidding because the costs were just

186
00:09:53,040 --> 00:09:56,000
Speaker 1: too pro hib exactly suddenly, when the cost jumps from

187
00:09:56,080 --> 00:09:59,920
Speaker 1: whatever the original there their original the prospectives at seven

188
00:10:00,040 --> 00:10:04,760
Speaker 1: point three billion, and now we're by the way, couldn't

189
00:10:04,760 --> 00:10:07,040
Speaker 1: you just see this, Let's let's just say something maybe

190
00:10:07,040 --> 00:10:11,160
Speaker 1: our local listeners can empathize with. Let's say this was

191
00:10:11,320 --> 00:10:14,480
Speaker 1: a I don't know, New Jersey transit story. They're now

192
00:10:14,600 --> 00:10:17,920
Speaker 1: arguing over here what is or what is not an

193
00:10:17,920 --> 00:10:20,560
Speaker 1: Olympic related expense? So is that sewer line? Does that

194
00:10:20,640 --> 00:10:23,040
Speaker 1: count as Olympics? So now they're fighting about what even

195
00:10:23,120 --> 00:10:26,680
Speaker 1: counts as Olympic related expense and who has to pay

196
00:10:26,760 --> 00:10:29,360
Speaker 1: for it. This is not what the IOC needs that

197
00:10:29,400 --> 00:10:31,680
Speaker 1: they're looking to attract a lot of cities in their future.

198
00:10:31,679 --> 00:10:33,800
Speaker 1: But we look at look at the next the next

199
00:10:33,920 --> 00:10:37,400
Speaker 1: Olympic Games that are up, I believe are the winner games,

200
00:10:37,440 --> 00:10:39,680
Speaker 1: which are you know, currently out forbid. You know the

201
00:10:39,760 --> 00:10:43,320
Speaker 1: three finalists now are Calgary, Milan in Stockholm. You had

202
00:10:43,360 --> 00:10:45,319
Speaker 1: a city in Turkey that backed out, a city in

203
00:10:45,400 --> 00:10:48,000
Speaker 1: Japan that backed out, a city in Austria that backed out,

204
00:10:48,040 --> 00:10:51,760
Speaker 1: a city in Switzerland that backed out. Um, you're increasingly

205
00:10:51,880 --> 00:10:54,680
Speaker 1: seeing more and more cities when the when the planning,

206
00:10:54,800 --> 00:10:56,520
Speaker 1: you know, when you start to put together these bids,

207
00:10:56,559 --> 00:10:59,160
Speaker 1: realizing oh, this is what it's going to cost. I'm

208
00:10:59,160 --> 00:11:00,959
Speaker 1: not sure if we have that. And I imagine that

209
00:11:01,000 --> 00:11:03,440
Speaker 1: if you look at Tokyo, one of the biggest cities

210
00:11:03,480 --> 00:11:05,800
Speaker 1: in the world, and you say, oh, they spent twenty

211
00:11:05,840 --> 00:11:09,400
Speaker 1: five million billion to make that happen, I'm not sure.

212
00:11:09,400 --> 00:11:11,199
Speaker 1: If I want to want one thing from my Winter

213
00:11:11,240 --> 00:11:13,640
Speaker 1: Olympics six the big city. You know what I want,

214
00:11:13,640 --> 00:11:17,560
Speaker 1: bar I want the city to include an umlaut. I

215
00:11:17,600 --> 00:11:21,800
Speaker 1: wanted La Cities. Well, I don't care more going to

216
00:11:21,880 --> 00:11:27,760
Speaker 1: get it can to any of those cool green I

217
00:11:27,800 --> 00:11:34,600
Speaker 1: just wanted the dots above, Okay, I thought it was

218
00:11:34,679 --> 00:11:37,920
Speaker 1: something else. It would be the equivalent of the Spanish

219
00:11:37,960 --> 00:11:43,400
Speaker 1: till day. Thank you. Now, yeah, you see this, but

220
00:11:43,480 --> 00:11:45,320
Speaker 1: this is why you need it in a place like

221
00:11:45,360 --> 00:11:50,840
Speaker 1: either Grease or Olympics in Greece. But I'm saying any

222
00:11:51,080 --> 00:11:54,480
Speaker 1: would that would be fun. They're racing on water down

223
00:11:54,520 --> 00:11:56,560
Speaker 1: skiing down water. But I mean, you need it in

224
00:11:56,600 --> 00:12:01,440
Speaker 1: a place that's built to host this every four years.

225
00:12:01,520 --> 00:12:05,920
Speaker 1: But this is the thing that was the argument for Tokyo. No.

226
00:12:06,120 --> 00:12:08,280
Speaker 1: But if you look at photos when they did have

227
00:12:08,400 --> 00:12:12,360
Speaker 1: it back in Greece, um, you see all of the

228
00:12:12,480 --> 00:12:15,120
Speaker 1: No one's using any of those facilities, elephants, it's like

229
00:12:15,160 --> 00:12:17,520
Speaker 1: grass growing and it look at even read Jannarro, no

230
00:12:17,559 --> 00:12:20,120
Speaker 1: one's using those facilities. Well, that's always been the criticism

231
00:12:20,160 --> 00:12:22,680
Speaker 1: of the Olympics is that these facilities become white elephants.

232
00:12:22,679 --> 00:12:26,160
Speaker 1: They tried temporary, they tried you could break down. Yeah,

233
00:12:26,760 --> 00:12:30,200
Speaker 1: even the bird's Nest stadium and the pool. It's like

234
00:12:30,320 --> 00:12:33,520
Speaker 1: it's like a mall um. Yeah, yeah, you want that's

235
00:12:33,679 --> 00:12:36,480
Speaker 1: l A's big thing. We're not building stuff. We already

236
00:12:36,480 --> 00:12:39,800
Speaker 1: got it. Like we've got everything we need or almost everything.

237
00:12:40,000 --> 00:12:42,959
Speaker 1: You do that and it's like, okay, we can host

238
00:12:43,000 --> 00:12:47,720
Speaker 1: this because and hey, it's built for that. But when

239
00:12:47,720 --> 00:12:50,440
Speaker 1: you start or Winter Olympics, obviously, if you go to

240
00:12:51,120 --> 00:12:54,000
Speaker 1: uh A love Lake Placid, by the way, sure, I

241
00:12:54,480 --> 00:12:56,600
Speaker 1: still say you can host it there every four years.

242
00:12:56,720 --> 00:12:58,480
Speaker 1: Bar says you can host it. So the l a

243
00:12:58,520 --> 00:13:02,959
Speaker 1: budget about five billion dollars, will be interested to see

244
00:13:03,559 --> 00:13:05,960
Speaker 1: if as we get closer and closer, if that sticks

245
00:13:05,960 --> 00:13:09,040
Speaker 1: around there, or if this idea of a city that

246
00:13:09,080 --> 00:13:11,880
Speaker 1: has infrastructure and therefore doesn't need to spend so much

247
00:13:12,080 --> 00:13:13,840
Speaker 1: to host it, if that idea is just a far

248
00:13:13,960 --> 00:13:17,559
Speaker 1: gauntlet throw down to podcast listener Casey Wasserman, the head

249
00:13:17,600 --> 00:13:20,720
Speaker 1: of the Big group, do it, Casey, So what do

250
00:13:20,720 --> 00:13:23,400
Speaker 1: you think, Bar? I'm gonna go home and have some

251
00:13:23,480 --> 00:13:27,240
Speaker 1: Conor McGregor whiskey. Oh okay. Evan and I talked about that.

252
00:13:27,320 --> 00:13:29,280
Speaker 1: We were like, we felt like our review was a

253
00:13:29,280 --> 00:13:32,640
Speaker 1: bit of a little blow. I don't drink whiskey, so

254
00:13:32,679 --> 00:13:34,320
Speaker 1: I don't know what would be good or bad. But

255
00:13:34,440 --> 00:13:38,520
Speaker 1: clearly our our reviewer said there's no good great headline

256
00:13:38,640 --> 00:13:41,600
Speaker 1: on that review. If you thought the Big Gregor fight

257
00:13:41,720 --> 00:13:46,240
Speaker 1: was a disaster, is whiskey is worse? Did you try?

258
00:13:46,320 --> 00:13:48,280
Speaker 1: Have you ever tried? I have not tried it? All right,

259
00:13:48,520 --> 00:13:51,520
Speaker 1: but let me be you know what, anything on ice

260
00:13:51,679 --> 00:13:55,760
Speaker 1: will work. Well. This seems to me to be a

261
00:13:55,920 --> 00:14:00,679
Speaker 1: work related expense, So I'll throw down the corporate card

262
00:14:01,040 --> 00:14:03,400
Speaker 1: to get you a bottle and we'll do the taste

263
00:14:03,400 --> 00:14:06,199
Speaker 1: test on the air. Can we do that? Yeah, we

264
00:14:06,760 --> 00:14:08,640
Speaker 1: just won't get this at the local that. I don't

265
00:14:08,679 --> 00:14:10,480
Speaker 1: know what the distribution is like, I don't know where

266
00:14:10,559 --> 00:14:13,200
Speaker 1: one just launched it, but I'm sure we could figure

267
00:14:13,240 --> 00:14:14,600
Speaker 1: out a way to do that. It would be great

268
00:14:14,640 --> 00:14:16,440
Speaker 1: to have an excuse just to throw back a few

269
00:14:16,559 --> 00:14:17,880
Speaker 1: What are we what are we going to compare it to?

270
00:14:18,120 --> 00:14:22,880
Speaker 1: Are there other he said anything? On ice? He did

271
00:14:22,920 --> 00:14:27,640
Speaker 1: say it anyhow. This is the Bloomberg Business of Sports

272
00:14:27,720 --> 00:14:30,760
Speaker 1: podcast on Michael Barr along with Scott Sosnik and Evan

273
00:14:30,840 --> 00:14:33,040
Speaker 1: no Wi Williams. Good to be back. We're here each

274
00:14:33,040 --> 00:14:36,040
Speaker 1: and every Monday, Wednesday and Thursday exploring the world of

275
00:14:36,080 --> 00:14:37,920
Speaker 1: money and sports. Join us again at the end of

276
00:14:37,920 --> 00:14:40,720
Speaker 1: the week when we talk CrossFit, Alan Iverson and Moon

277
00:14:40,800 --> 00:14:44,680
Speaker 1: Boots with CEO of Reebok Meadow Tool. You're listening to

278
00:14:44,680 --> 00:14:48,840
Speaker 1: Bloomberg Business of Sports on Bloomberg Radio around the world,

279
00:14:49,200 --> 00:14:53,080
Speaker 1: and we have planning platforms where you can catch this podcast.