1
00:00:02,360 --> 00:00:05,080
Speaker 1: Hello, I'm Scott Sashka and now Michael Barr, and this

2
00:00:05,200 --> 00:00:08,320
Speaker 1: is the Bloomberg Business of Sports podcast, where we explore

3
00:00:08,360 --> 00:00:12,000
Speaker 1: the big money issues in the world of sports today.

4
00:00:12,160 --> 00:00:15,000
Speaker 1: We begin with the Ricketts family. No no, no, no.

5
00:00:15,440 --> 00:00:20,200
Speaker 1: We don't begin with yes. We begin with there was

6
00:00:20,239 --> 00:00:22,720
Speaker 1: no Evan Williams. You're off. You know where he is?

7
00:00:22,760 --> 00:00:25,760
Speaker 1: Do you know where he is? He's in Alaska. He's

8
00:00:25,760 --> 00:00:29,200
Speaker 1: in Alaska, you know, I do know. I just said that.

9
00:00:32,600 --> 00:00:34,959
Speaker 1: I see. It's a great trip, one of these hiking

10
00:00:35,159 --> 00:00:39,760
Speaker 1: and Evans a triathlete, so he's backpacking in some forest

11
00:00:39,920 --> 00:00:42,880
Speaker 1: and then driving to some fishing trip. But this is

12
00:00:42,880 --> 00:00:45,440
Speaker 1: where it gets a little bumpy. He brought his girlfriend

13
00:00:45,760 --> 00:00:47,560
Speaker 1: and now she's I know she doesn't listen to the podcast.

14
00:00:47,680 --> 00:00:50,000
Speaker 1: We can say whatever. Let us let us just say

15
00:00:50,800 --> 00:00:53,199
Speaker 1: that Evan made the trip like he made sure this

16
00:00:53,360 --> 00:00:58,160
Speaker 1: two hour breaks not too difficult, because he senses that

17
00:00:58,320 --> 00:01:02,560
Speaker 1: perhaps his ability to trek the terrain and her ability

18
00:01:02,640 --> 00:01:06,600
Speaker 1: to sustain or a little different. Well, now is she

19
00:01:07,160 --> 00:01:10,759
Speaker 1: into the cross countries? I don't know, not as much

20
00:01:10,800 --> 00:01:13,959
Speaker 1: as Edmon I'm sensing. I'm really interested. When he gets back,

21
00:01:13,959 --> 00:01:17,280
Speaker 1: we're gonna have a really fun conversation, how did it go?

22
00:01:19,080 --> 00:01:21,440
Speaker 1: Hasn't given you any updates so far? No? No, no,

23
00:01:21,560 --> 00:01:24,080
Speaker 1: he has a satellite phone with him. He doesn't have hisself,

24
00:01:24,080 --> 00:01:26,400
Speaker 1: and just put a satellite phone just in case of emergency.

25
00:01:26,800 --> 00:01:28,160
Speaker 1: So this is not one of those where I can

26
00:01:28,200 --> 00:01:30,479
Speaker 1: text him saying, okay, you know, day one, how did

27
00:01:30,520 --> 00:01:35,080
Speaker 1: it go? I'm just gonna let it all accumulate, and

28
00:01:35,200 --> 00:01:38,160
Speaker 1: when he's ready to blow, maybe we'll see how it

29
00:01:38,200 --> 00:01:39,720
Speaker 1: went when he comes back. I don't want to know

30
00:01:40,040 --> 00:01:43,480
Speaker 1: if she would, you know, suck any venom out, you know,

31
00:01:43,520 --> 00:01:46,280
Speaker 1: like is that the kind of couple they are? Of

32
00:01:46,319 --> 00:01:49,080
Speaker 1: her own arm? Maybe? Like? Yeah, this is why I

33
00:01:49,120 --> 00:01:51,400
Speaker 1: told him. It's one of those opportunities where a freak accident.

34
00:01:51,400 --> 00:01:53,200
Speaker 1: I don't know what happened, you're out in the bush.

35
00:01:53,320 --> 00:01:56,200
Speaker 1: I stop terrible. I don't know. I'm just saying I

36
00:01:56,200 --> 00:01:58,360
Speaker 1: can't wait for him to be back, just so we

37
00:01:58,360 --> 00:02:00,920
Speaker 1: can get an updated, like how the stay by day?

38
00:02:01,120 --> 00:02:03,640
Speaker 1: I wish you was keeping a diary of his emotions,

39
00:02:03,720 --> 00:02:10,840
Speaker 1: minute by minute, hour by hour. I like that though,

40
00:02:10,880 --> 00:02:12,520
Speaker 1: I like you like out of the leg, you know,

41
00:02:12,560 --> 00:02:15,080
Speaker 1: like what if he got I understand, what would she

42
00:02:15,440 --> 00:02:17,480
Speaker 1: be like? Yeah, I'll help you where I'm at a here,

43
00:02:17,919 --> 00:02:20,760
Speaker 1: I got it. I know she's terrified of bears, so

44
00:02:20,800 --> 00:02:22,840
Speaker 1: if there was an attacking bear, she would not help

45
00:02:22,919 --> 00:02:25,880
Speaker 1: him like that would be it for him terrified. Well

46
00:02:25,880 --> 00:02:27,919
Speaker 1: how about this way segue ready to the Rickett's family,

47
00:02:27,919 --> 00:02:34,880
Speaker 1: speaking of lovable losers, thank you. Speaking of Cubs, the

48
00:02:34,919 --> 00:02:39,280
Speaker 1: Rickets family owner of the Cubs. They expressed interests in

49
00:02:39,360 --> 00:02:44,480
Speaker 1: acquiring a controlling steak in Italian top rank football club

50
00:02:46,840 --> 00:02:52,079
Speaker 1: Great Brand right. Great Brand recently purchased a couple of

51
00:02:52,160 --> 00:02:57,959
Speaker 1: years ago by a Chinese conglomerate from Silvio Berlusconi. Questions

52
00:02:58,000 --> 00:03:01,880
Speaker 1: as to whether they can pay act some debt, so

53
00:03:02,560 --> 00:03:06,120
Speaker 1: it maybe a distressed purchase here. And just continuing the way,

54
00:03:06,160 --> 00:03:09,360
Speaker 1: you know, John Henry's got Liverpool, You've got Josh Harris

55
00:03:09,440 --> 00:03:12,760
Speaker 1: and Dave Blitzer at Crystal Palace, Steve Kaplan at Swansea

56
00:03:12,800 --> 00:03:17,200
Speaker 1: which just got relegated. Um again, these U S owners,

57
00:03:17,240 --> 00:03:22,359
Speaker 1: they're eyeing these teams. Jim Pilata, Roma and it's taken Polata.

58
00:03:22,400 --> 00:03:24,000
Speaker 1: I don't know how many years now at this point

59
00:03:24,040 --> 00:03:26,200
Speaker 1: I've been hearing about this new stadium in Rome. It

60
00:03:26,320 --> 00:03:29,400
Speaker 1: just takes a while to get things done. But the

61
00:03:29,520 --> 00:03:34,040
Speaker 1: upside is that the European team seemed to be a

62
00:03:34,080 --> 00:03:38,720
Speaker 1: decade or two behind in terms of sports marketing process.

63
00:03:38,760 --> 00:03:40,960
Speaker 1: So the US owners think if they can come in

64
00:03:41,520 --> 00:03:45,440
Speaker 1: and install the ticketing systems, the marketing everything to know

65
00:03:45,560 --> 00:03:49,760
Speaker 1: how they have that there's a path to some serious money. Now,

66
00:03:49,760 --> 00:03:54,320
Speaker 1: I want to ask, because Berlsconi sold the team to

67
00:03:55,040 --> 00:04:00,600
Speaker 1: businessman Lee Young Hung, but apparently he has not made

68
00:04:00,800 --> 00:04:06,200
Speaker 1: a major payment involved. Is that a problem? Is that

69
00:04:06,560 --> 00:04:13,400
Speaker 1: a friend two million euro payment? Come on, friends, come on,

70
00:04:13,880 --> 00:04:16,599
Speaker 1: two million among friends? Yeah. When people lend you money

71
00:04:16,760 --> 00:04:20,960
Speaker 1: sometimes sometimes they like it back. That's yeah, and that's

72
00:04:21,000 --> 00:04:22,760
Speaker 1: that's today's headline. If you get a borrow money, you

73
00:04:22,839 --> 00:04:26,000
Speaker 1: usually have to pay it back. But again, on the

74
00:04:26,040 --> 00:04:29,760
Speaker 1: big scale of global soccer, if you're gonna buy an

75
00:04:29,760 --> 00:04:34,479
Speaker 1: Italian soccer team and you want a global brand that

76
00:04:34,640 --> 00:04:38,280
Speaker 1: is recognizable and you can take advantage of that global footprint,

77
00:04:38,920 --> 00:04:43,000
Speaker 1: AC Milan is on that list. If the Ricketts family

78
00:04:43,279 --> 00:04:53,039
Speaker 1: gets ac Milan, do they become mega, mega sports franchise families. Yeah? Yeah,

79
00:04:53,080 --> 00:04:55,279
Speaker 1: if you've got the Cubs and a C Milan, Sure,

80
00:04:55,880 --> 00:04:58,359
Speaker 1: you're you are, You're you're in some business. You're right,

81
00:04:58,360 --> 00:05:00,320
Speaker 1: there with John Henry with Liverpool in the red socks,

82
00:05:00,400 --> 00:05:03,760
Speaker 1: and yeah, you're right there, absolutely, yeah, yeah. Then you

83
00:05:03,800 --> 00:05:05,919
Speaker 1: see how do you incorporate the two? How do you

84
00:05:05,920 --> 00:05:08,200
Speaker 1: cross promote? How does one help the other? How do

85
00:05:08,240 --> 00:05:10,480
Speaker 1: you do it? Are their synergies? I would think to

86
00:05:10,560 --> 00:05:13,200
Speaker 1: know how it gets, it's about to know how then

87
00:05:13,520 --> 00:05:15,160
Speaker 1: we see what they can do with it. This one

88
00:05:15,200 --> 00:05:17,240
Speaker 1: I gotta bring up. You know, we didn't talk about it,

89
00:05:17,279 --> 00:05:18,960
Speaker 1: but I gotta bring this up. And there is a

90
00:05:19,000 --> 00:05:21,920
Speaker 1: business angle to it. The US Tennis Association says that

91
00:05:21,960 --> 00:05:24,799
Speaker 1: will revamp the way it seeds players who've taken time

92
00:05:24,839 --> 00:05:28,480
Speaker 1: off to have a baby. Good finally, yes, good, Yes,

93
00:05:28,600 --> 00:05:30,520
Speaker 1: I'm tired of seeing these top seeds that I've never

94
00:05:30,560 --> 00:05:34,599
Speaker 1: heard of. Yeah, yeah, I'm like who In case you understood,

95
00:05:34,720 --> 00:05:38,279
Speaker 1: not up on what happened Serenia Williams. She left after

96
00:05:38,320 --> 00:05:41,120
Speaker 1: winning the Australian Open last year. She was ranked number

97
00:05:41,160 --> 00:05:42,760
Speaker 1: one in the world. Of course she had a baby,

98
00:05:42,960 --> 00:05:46,039
Speaker 1: one of the universe. Yeah. She came back to the

99
00:05:46,080 --> 00:05:50,400
Speaker 1: French Open ranked number four hundred and ninety one, right,

100
00:05:50,600 --> 00:05:55,480
Speaker 1: exactly so, And this is something not yes, in sports,

101
00:05:55,960 --> 00:05:57,919
Speaker 1: we've been talking about this, but this is something that

102
00:05:57,960 --> 00:06:01,960
Speaker 1: goes on in the business world all the time of women.

103
00:06:02,040 --> 00:06:05,680
Speaker 1: They have their babies and they come back and then

104
00:06:05,720 --> 00:06:08,400
Speaker 1: all of a sudden, it's like what happened? And you

105
00:06:08,440 --> 00:06:11,960
Speaker 1: hear about demotions and this and that whatever. So it

106
00:06:12,080 --> 00:06:14,600
Speaker 1: went wider than sports on this. You do it a

107
00:06:14,640 --> 00:06:18,160
Speaker 1: little broader than I did. I just but I just

108
00:06:18,279 --> 00:06:21,600
Speaker 1: think that they got to work this out and it's

109
00:06:21,760 --> 00:06:24,479
Speaker 1: it's and as the U s t A president of

110
00:06:24,560 --> 00:06:27,960
Speaker 1: the UH like Trina Adam says, it's only fair. Now,

111
00:06:28,000 --> 00:06:29,719
Speaker 1: how do they do it when the US Open comes?

112
00:06:30,160 --> 00:06:31,600
Speaker 1: I don't care how they do it. The fact is

113
00:06:31,640 --> 00:06:35,279
Speaker 1: they're addressing it. Somebody's thinking about it. That's that's what

114
00:06:35,400 --> 00:06:38,039
Speaker 1: it boils down to. Serena Williams should not enter any

115
00:06:38,080 --> 00:06:40,160
Speaker 1: tennis tournaments a four hundred and something ranked player in

116
00:06:40,200 --> 00:06:41,640
Speaker 1: the world. I don't care if she sits out for

117
00:06:41,680 --> 00:06:43,599
Speaker 1: two years. You can step on the court and beat

118
00:06:43,600 --> 00:06:47,599
Speaker 1: almost anybody. They're addressing the issue. They understand this an issue.

119
00:06:47,760 --> 00:06:49,960
Speaker 1: And by the way, it's good for their own tournament.

120
00:06:50,200 --> 00:06:53,159
Speaker 1: Who wants Serena facing Number one or two in the

121
00:06:53,160 --> 00:06:55,960
Speaker 1: second or third round taking them out? I mean, it

122
00:06:56,279 --> 00:06:58,000
Speaker 1: just doesn't work that way. You want the bigger names.

123
00:06:58,000 --> 00:07:00,240
Speaker 1: You want the better players moving towards the end of

124
00:07:00,279 --> 00:07:04,680
Speaker 1: the tournament. That's it's not fair. Here comes four oh

125
00:07:04,800 --> 00:07:08,400
Speaker 1: Serena Williams and they're playing Joe Blow. You don't think

126
00:07:08,440 --> 00:07:11,360
Speaker 1: Simona Hallop when the when the draw comes out, looks

127
00:07:11,400 --> 00:07:16,200
Speaker 1: and says, oh my god, Round two, round three, Serena

128
00:07:16,240 --> 00:07:19,320
Speaker 1: Williams come up. Now. I am so glad that they

129
00:07:19,320 --> 00:07:21,400
Speaker 1: are addressing this and I hope that they get it

130
00:07:21,440 --> 00:07:26,520
Speaker 1: squared away. Let's talk about the World Cup ratings. Yeah,

131
00:07:26,560 --> 00:07:28,760
Speaker 1: good for Novie Williams. Before he went on vacation, he

132
00:07:28,800 --> 00:07:32,640
Speaker 1: was the first out with the But now look at

133
00:07:32,680 --> 00:07:34,840
Speaker 1: what you got and I'm gonna equate this something like

134
00:07:34,880 --> 00:07:38,880
Speaker 1: the US listener can understand. This is like the n

135
00:07:38,920 --> 00:07:42,120
Speaker 1: c A tournament. Everybody loves the I'm gonna air quoted here.

136
00:07:42,160 --> 00:07:45,280
Speaker 1: The upsets like five twelves and upset or three team

137
00:07:45,320 --> 00:07:49,120
Speaker 1: is out. Great. You know what CBS and Turner in

138
00:07:49,160 --> 00:07:52,760
Speaker 1: the selection committee don't want. They don't want the brand

139
00:07:52,880 --> 00:07:56,240
Speaker 1: names out. Everybody likes a so called upset. Great. You

140
00:07:56,240 --> 00:07:59,600
Speaker 1: know that that can be an Illinois losing or Syracuse

141
00:07:59,840 --> 00:08:01,280
Speaker 1: to bringing home to what I'm used to with my

142
00:08:01,320 --> 00:08:06,280
Speaker 1: alma mater. What you don't want is Duke. You don't

143
00:08:06,400 --> 00:08:10,760
Speaker 1: want Carolina, you don't want Arizona, U C l A.

144
00:08:11,080 --> 00:08:14,960
Speaker 1: You don't want those marquee brands when they are ranked

145
00:08:15,000 --> 00:08:17,520
Speaker 1: one and two, you don't want them out of the tournament.

146
00:08:17,840 --> 00:08:20,040
Speaker 1: For everything that's said about the upsets of the n

147
00:08:20,040 --> 00:08:22,520
Speaker 1: c A tournament, that's that's for the early round stuff.

148
00:08:22,760 --> 00:08:26,000
Speaker 1: What you want at the final four and the final eight,

149
00:08:26,200 --> 00:08:29,480
Speaker 1: what you want in those blue blood big brands Kentucky

150
00:08:29,640 --> 00:08:32,200
Speaker 1: playing duke because that's what people want to see. You

151
00:08:32,240 --> 00:08:34,360
Speaker 1: don't want to see a sixteen take out on what

152
00:08:34,559 --> 00:08:39,040
Speaker 1: oh that happened? I mean, you don't want to see that.

153
00:08:39,280 --> 00:08:42,000
Speaker 1: Not too much of it one me. I mean, yeah,

154
00:08:42,040 --> 00:08:44,439
Speaker 1: you'd rather have your one seed. You want some chalk, right.

155
00:08:44,760 --> 00:08:47,000
Speaker 1: That's not a nod to Kansas either, but you want

156
00:08:47,040 --> 00:08:48,679
Speaker 1: some chalk when you get down towards the end of

157
00:08:48,679 --> 00:08:50,560
Speaker 1: the tournament, and that's what you want to here at

158
00:08:50,559 --> 00:08:53,960
Speaker 1: this World Cup. You are about to lose. Unless something

159
00:08:54,160 --> 00:08:59,600
Speaker 1: falls perfectly, You're about to lose a Leonel Messi and

160
00:08:59,679 --> 00:09:04,880
Speaker 1: that to casual fans, no Argentina and they want to

161
00:09:05,120 --> 00:09:10,800
Speaker 1: see Leonel Messi della goal. That's good. Thank you, that's

162
00:09:10,800 --> 00:09:14,200
Speaker 1: what they want to see. They know Messi, they know neyme.

163
00:09:14,240 --> 00:09:17,000
Speaker 1: Are you do not want to lose? Germany came back

164
00:09:17,080 --> 00:09:18,679
Speaker 1: won a game where they look like they could have

165
00:09:18,720 --> 00:09:21,360
Speaker 1: been on the ropes had they not. One imagine losing

166
00:09:21,559 --> 00:09:24,360
Speaker 1: Argentina and Germany in the World Cup and yeah, and

167
00:09:24,480 --> 00:09:28,400
Speaker 1: Argentina is looking mighty shaking. Well, they are most likely

168
00:09:28,520 --> 00:09:30,839
Speaker 1: not going to make the knockout round. That's what I'm

169
00:09:30,840 --> 00:09:32,920
Speaker 1: saying right now. What do they need to beat Nigeria

170
00:09:33,440 --> 00:09:36,760
Speaker 1: and they need help, So to beat Nigeria no easy task.

171
00:09:37,240 --> 00:09:40,680
Speaker 1: And then they need Croatia to beat or tie Iceland.

172
00:09:40,679 --> 00:09:43,640
Speaker 1: And by the way, Croatia's already through. So you think

173
00:09:43,640 --> 00:09:46,720
Speaker 1: they're gonna put their top eleven out there, No, not,

174
00:09:46,920 --> 00:09:49,880
Speaker 1: not gonna happen. They can also get into Argentina beats Nigeria,

175
00:09:50,280 --> 00:09:55,400
Speaker 1: Iceland beats Croatia, but Argentina would have to beat Iceland's

176
00:09:55,440 --> 00:09:57,840
Speaker 1: result by two goals because of the way it's it

177
00:09:57,960 --> 00:10:03,720
Speaker 1: goes by gold differential. That doesn't look likely. So you're

178
00:10:03,760 --> 00:10:06,480
Speaker 1: likely looking at a World Cup without the biggest star

179
00:10:06,559 --> 00:10:11,280
Speaker 1: in the game, Leo nel Messi. That's like, well, yes,

180
00:10:11,320 --> 00:10:13,520
Speaker 1: the US, as we all know, we're not in the

181
00:10:13,600 --> 00:10:16,720
Speaker 1: World Cup. But that's like tuning into the Olympics and

182
00:10:16,720 --> 00:10:19,560
Speaker 1: then you realize, oh, well the US is not in it,

183
00:10:19,800 --> 00:10:22,440
Speaker 1: so why would you watch the Olympics? And this is

184
00:10:22,480 --> 00:10:27,520
Speaker 1: the same thing. Yeah, whatever, casual fan, there was remaining

185
00:10:27,559 --> 00:10:32,280
Speaker 1: for the for the soccer in the US when they say, well,

186
00:10:32,280 --> 00:10:34,840
Speaker 1: I want to see messy play, and then someone informs him, well,

187
00:10:36,320 --> 00:10:38,800
Speaker 1: his team Argentina didn't make it to the knockout round,

188
00:10:39,080 --> 00:10:40,920
Speaker 1: so you gotta have to go watch. I mean like

189
00:10:41,000 --> 00:10:44,520
Speaker 1: you still got Brazil again not looking a little tenuous,

190
00:10:45,040 --> 00:10:50,240
Speaker 1: but again blue blood big brands. You want a majority

191
00:10:50,280 --> 00:10:51,960
Speaker 1: of them. You got to talk about a new topic.

192
00:10:52,160 --> 00:10:56,280
Speaker 1: Milwaukee Bucks a new local TV deal. Say his name

193
00:10:57,080 --> 00:11:02,440
Speaker 1: Jonnice onto the honest effect. They got a new TV deal,

194
00:11:02,600 --> 00:11:06,120
Speaker 1: local TV deal. Remember when we keep hearing about sports rights, bubbles,

195
00:11:06,520 --> 00:11:10,120
Speaker 1: the bubble bar. We passed the bubble bar? Have we

196
00:11:10,200 --> 00:11:12,120
Speaker 1: passed the talk of the bubble bar. I don't think

197
00:11:12,800 --> 00:11:15,720
Speaker 1: we will never hit that so called glass Seaton because

198
00:11:15,720 --> 00:11:18,920
Speaker 1: I think it's gonna go. You may be right, and

199
00:11:19,120 --> 00:11:22,200
Speaker 1: I mean seven years, two hundred million they're getting about

200
00:11:22,520 --> 00:11:25,600
Speaker 1: if with some escalators getting about thirty million dollars a

201
00:11:25,679 --> 00:11:29,000
Speaker 1: year locally for the Bucks. That's almost double what they

202
00:11:29,080 --> 00:11:32,440
Speaker 1: were getting before. And that's a Fox RSN, which, by

203
00:11:32,480 --> 00:11:34,760
Speaker 1: the way, as we know, the Fox rs and some

204
00:11:34,800 --> 00:11:36,400
Speaker 1: part of the package that's being sold in the big

205
00:11:36,440 --> 00:11:41,280
Speaker 1: sale to either Disney Comcast. But you see the value

206
00:11:41,280 --> 00:11:43,960
Speaker 1: of sport here, you know, up up, up, and and

207
00:11:44,000 --> 00:11:46,640
Speaker 1: you can thank onto the CUMPO for a lot of

208
00:11:46,679 --> 00:11:50,360
Speaker 1: that this success on the court building, the new arena.

209
00:11:50,679 --> 00:11:54,840
Speaker 1: They've sold out their suites. Milwaukee's on the map. I mean,

210
00:11:54,920 --> 00:11:57,520
Speaker 1: that's one of our guest, previous guest, Mark last Ree's

211
00:11:57,600 --> 00:12:03,400
Speaker 1: team and West Eating and Jamie Dinon. It looked like

212
00:12:03,480 --> 00:12:06,080
Speaker 1: they made a nice investment at five hundred and what

213
00:12:06,240 --> 00:12:08,760
Speaker 1: was it, five hundred and forty million dollars for the Bucks.

214
00:12:09,360 --> 00:12:11,400
Speaker 1: But let's go look at a current valuation with this

215
00:12:11,480 --> 00:12:14,720
Speaker 1: new building. Pretty darn good. We got to wrap it

216
00:12:14,800 --> 00:12:18,200
Speaker 1: up with something that has nothing at all to do

217
00:12:18,360 --> 00:12:21,319
Speaker 1: with sports, but it's something that happened over the weekend,

218
00:12:21,480 --> 00:12:23,880
Speaker 1: and I have to talk about it. Medina, and please

219
00:12:23,960 --> 00:12:29,200
Speaker 1: chime in. I gotta talk about it. Apparently he has

220
00:12:29,280 --> 00:12:32,120
Speaker 1: something to get off his chest. It is it is.

221
00:12:33,320 --> 00:12:37,000
Speaker 1: I was over the weekend, I was at a winery

222
00:12:37,480 --> 00:12:40,640
Speaker 1: and as you know, not Clancy's bar. I'm had a

223
00:12:40,720 --> 00:12:44,559
Speaker 1: real winery. And wait wait wait where Medina is near

224
00:12:44,600 --> 00:12:46,880
Speaker 1: the north fork of Long Island? What what winery? Where

225
00:12:46,920 --> 00:12:49,280
Speaker 1: was this winer? This was on Long Island? Okay, so real,

226
00:12:49,760 --> 00:12:52,439
Speaker 1: so maybe a winery I know about Medina. I even

227
00:12:52,600 --> 00:12:57,240
Speaker 1: let you know he's nearby, right, Yeah, thanks Michael Barr,

228
00:12:57,280 --> 00:13:02,360
Speaker 1: remember that big bar. Here's what happened. There was a

229
00:13:02,480 --> 00:13:07,319
Speaker 1: long there was a line for the ladies restroom and

230
00:13:07,440 --> 00:13:11,040
Speaker 1: the men's restroom. There was no line opposite of the

231
00:13:11,040 --> 00:13:16,440
Speaker 1: sports stadiums. Opposite of the sports stadiums. So now I

232
00:13:16,480 --> 00:13:19,520
Speaker 1: went into the men's restroom and as I opened the door,

233
00:13:20,880 --> 00:13:24,880
Speaker 1: there's a woman that's there part of a bachelorette party,

234
00:13:25,000 --> 00:13:29,040
Speaker 1: and she says, oh, we even made invaded the men's restroom.

235
00:13:29,880 --> 00:13:32,000
Speaker 1: Uh so no, and then slam the door back in

236
00:13:32,040 --> 00:13:37,120
Speaker 1: my face. Now I'm not I get it that. Yes,

237
00:13:37,600 --> 00:13:41,000
Speaker 1: you know, we need more restrooms for for women because

238
00:13:41,320 --> 00:13:46,000
Speaker 1: it's it's ridiculous. However, he's very on the women's support group.

239
00:13:46,640 --> 00:13:48,480
Speaker 1: Wait wait, can I contest that one? What do you

240
00:13:48,520 --> 00:13:53,040
Speaker 1: mean we need more? It's not it's look, I haven't

241
00:13:53,040 --> 00:13:55,600
Speaker 1: done any surveys, do you find this that we need

242
00:13:55,640 --> 00:13:59,920
Speaker 1: more women's restrooms. I feel like we need more stalls. Yeah,

243
00:14:00,080 --> 00:14:04,959
Speaker 1: within the women's restrooms, absolutely, all right. What bugged me though,

244
00:14:06,200 --> 00:14:10,760
Speaker 1: was how unapologetic it was when the guy went into

245
00:14:10,840 --> 00:14:15,319
Speaker 1: the men's room and there's a lady there and instead

246
00:14:15,320 --> 00:14:18,680
Speaker 1: of hey, I'm sorry, we you know, give us a moment,

247
00:14:19,120 --> 00:14:21,800
Speaker 1: instead of was like, no, weve invaded it. No, slam

248
00:14:21,840 --> 00:14:26,640
Speaker 1: the door. Now. I'm like, now hold on, so you

249
00:14:26,960 --> 00:14:29,680
Speaker 1: your thoughts, Madine, I'm gonna let you handle this one.

250
00:14:29,760 --> 00:14:31,880
Speaker 1: So this is my question. Was it a single stalled

251
00:14:31,880 --> 00:14:35,120
Speaker 1: bathroom like or was it many stalls in the bathroom?

252
00:14:35,160 --> 00:14:38,800
Speaker 1: It was one. There was in the man's room you're talking. Yes,

253
00:14:39,040 --> 00:14:42,240
Speaker 1: there was the there was a urinal, and there was

254
00:14:42,240 --> 00:14:46,360
Speaker 1: a toilet. Okay, I see, okay, so it's kind of

255
00:14:46,360 --> 00:14:50,680
Speaker 1: like a perhaps like a single use stall if if anything,

256
00:14:51,680 --> 00:14:54,840
Speaker 1: Um well, I've used the men's bathroom before when there

257
00:14:54,840 --> 00:14:56,320
Speaker 1: was a line in the women's room, so I could

258
00:14:56,400 --> 00:14:59,560
Speaker 1: understand that. I mean, you know, I guess the time

259
00:14:59,640 --> 00:15:03,880
Speaker 1: is up for maybe they were already in there. I

260
00:15:03,880 --> 00:15:06,880
Speaker 1: don't know. I'm gonna give you this is what I got.

261
00:15:07,240 --> 00:15:09,720
Speaker 1: You let her finish and then you can then you

262
00:15:09,800 --> 00:15:11,000
Speaker 1: kind of jumped to the front of the line and

263
00:15:11,040 --> 00:15:13,680
Speaker 1: say I need to go, and then after that the

264
00:15:13,720 --> 00:15:15,400
Speaker 1: women can use the room again. Well that's what I did.

265
00:15:15,440 --> 00:15:20,000
Speaker 1: I just after after I just still patiently stood outside

266
00:15:20,400 --> 00:15:22,600
Speaker 1: opened the door. You just you did not like her

267
00:15:22,720 --> 00:15:26,000
Speaker 1: retort of sorry out. Yeah, I didn't like that at all.

268
00:15:26,440 --> 00:15:29,640
Speaker 1: It's like, hey man, this is kind of in my space.

269
00:15:29,800 --> 00:15:31,720
Speaker 1: And it's like, you know, because if it happened the

270
00:15:31,720 --> 00:15:36,400
Speaker 1: other way. So, Michael barn were you holding your wife's

271
00:15:36,400 --> 00:15:40,480
Speaker 1: purse at the time. That's what I really want to know.

272
00:15:41,840 --> 00:15:44,520
Speaker 1: Things that get under this guy's skin. I still have

273
00:15:44,680 --> 00:15:48,640
Speaker 1: not figured out big anyhow. Wait, so in conclusion, you

274
00:15:48,720 --> 00:15:52,120
Speaker 1: use the bathroom after they got out, the one person

275
00:15:52,280 --> 00:15:54,960
Speaker 1: after they got out. It wasn't the fact that there

276
00:15:55,040 --> 00:15:57,960
Speaker 1: was a woman in the restroom. It was the fact

277
00:15:58,040 --> 00:16:01,080
Speaker 1: that just kind of be a logetic if I opened

278
00:16:01,080 --> 00:16:03,880
Speaker 1: the door heading to the men's room, just say hey,

279
00:16:03,920 --> 00:16:07,520
Speaker 1: I'm sorry, we had the Can I bring this back

280
00:16:07,520 --> 00:16:11,920
Speaker 1: to sports and yes, please when they're designing, because a

281
00:16:11,920 --> 00:16:13,960
Speaker 1: lot of the new stadiums, when when an American owner

282
00:16:14,000 --> 00:16:15,640
Speaker 1: buys a state, you know, like like that, a lot

283
00:16:15,640 --> 00:16:17,960
Speaker 1: of want a new stadium. Very interesting. Let me know, Medina,

284
00:16:18,000 --> 00:16:19,600
Speaker 1: let me know where you would side on this as well.

285
00:16:20,800 --> 00:16:24,320
Speaker 1: The surveys they take when they're building luxury suites inside stadiums,

286
00:16:25,240 --> 00:16:30,800
Speaker 1: they ask the women for their preference of bathroom location.

287
00:16:32,480 --> 00:16:36,640
Speaker 1: High high, high percentage. Multiple people who have design stadiums

288
00:16:36,640 --> 00:16:40,520
Speaker 1: have told me overwhelmingly the women say they do not

289
00:16:41,360 --> 00:16:45,520
Speaker 1: want the bathroom in the suite. They wanted outside this

290
00:16:45,560 --> 00:16:47,920
Speaker 1: way next door. You can go right outside, but they

291
00:16:47,960 --> 00:16:52,200
Speaker 1: don't want the bathroom in the suite. Maybe have just

292
00:16:52,200 --> 00:16:54,720
Speaker 1: come out of the bathroom people are there. Wait, they

293
00:16:54,800 --> 00:16:57,200
Speaker 1: don't want the bathroom in this It's not as private.

294
00:16:57,800 --> 00:17:02,480
Speaker 1: Sounds kind of weird private, but just kind of stuff

295
00:17:02,480 --> 00:17:06,720
Speaker 1: that I don't think fans think of. Next time you're

296
00:17:06,720 --> 00:17:08,160
Speaker 1: at a stadium and if you happen to be around

297
00:17:08,320 --> 00:17:10,480
Speaker 1: one of the sweet areas, check and see is the

298
00:17:10,520 --> 00:17:13,640
Speaker 1: bathroom inside the swee or outside the suite? And then

299
00:17:13,840 --> 00:17:16,320
Speaker 1: you wonder about all the due diligence that's done, and

300
00:17:16,359 --> 00:17:18,760
Speaker 1: what sort of surveys were done, and the questionnaires and

301
00:17:18,760 --> 00:17:22,680
Speaker 1: the focus groups. Just how much goes into one decision

302
00:17:23,240 --> 00:17:26,040
Speaker 1: where do we put the bathroom. I'm sure if Evan

303
00:17:26,160 --> 00:17:29,439
Speaker 1: here's this podcast, he's gonna say Thank god I missed

304
00:17:29,440 --> 00:17:33,080
Speaker 1: this show. This is the Bloomberg Business of Sports Podcast.

305
00:17:33,400 --> 00:17:37,399
Speaker 1: I'm Michael Barr, along with Scottsnick Evan, Nobie Williams is

306
00:17:37,440 --> 00:17:40,439
Speaker 1: off Medina. Thank you, thank you for helping me with this. Hey, well,

307
00:17:40,480 --> 00:17:42,399
Speaker 1: you and I here each and every Monday and Friday.

308
00:17:42,440 --> 00:17:45,119
Speaker 1: You're exploring the world of money in sports. Join us

309
00:17:45,160 --> 00:17:47,080
Speaker 1: again at the end of the week when we speaking

310
00:17:47,119 --> 00:17:50,360
Speaker 1: the biggest and brightest in the sports business industry. You're

311
00:17:50,400 --> 00:17:54,240
Speaker 1: listening to Bloomberg Business of Sports from Bloomberg Radio around

312
00:17:54,240 --> 00:17:57,000
Speaker 1: the world and online as an Apple podcast on iTunes.