1 00:00:00,520 --> 00:00:04,160 Speaker 1: This is Bloomberg Business of Sports. COVID has been so 2 00:00:04,320 --> 00:00:07,640 Speaker 1: devastating and to see thirty eight thousand people of Henry 3 00:00:07,760 --> 00:00:11,960 Speaker 1: Park it was really emotional and rewardings on the business side, 4 00:00:12,119 --> 00:00:16,080 Speaker 1: from ticket sales to jersey sale revenues are up. Everything 5 00:00:16,160 --> 00:00:18,120 Speaker 1: was really good as well as solids there. I realized 6 00:00:18,160 --> 00:00:20,639 Speaker 1: that at the beginning of twenty nineteen would be a 7 00:00:20,760 --> 00:00:23,720 Speaker 1: very unique opportunity in terms of a lot of contracts 8 00:00:23,760 --> 00:00:25,479 Speaker 1: being up at the same time and a lot of 9 00:00:25,680 --> 00:00:28,000 Speaker 1: sighting young wrestlers being available to go out and start 10 00:00:28,000 --> 00:00:31,479 Speaker 1: a wrestling company. The country is finally deeply getting the 11 00:00:31,520 --> 00:00:34,199 Speaker 1: memo about how amazing the sport is. I think the 12 00:00:34,240 --> 00:00:37,440 Speaker 1: sky's a limit for MLS. Bloomberg Business of Sports from 13 00:00:37,479 --> 00:00:42,000 Speaker 1: Bloomberg Radio. This is the Bloomberg Business of Sports Show. 14 00:00:42,120 --> 00:00:44,560 Speaker 1: We explore the big money issues in the world of sports. 15 00:00:44,560 --> 00:00:47,160 Speaker 1: I'm Michael Blarn, I'm Scarlett Fool, and I'm Mike Lynch 16 00:00:47,400 --> 00:00:50,320 Speaker 1: and We've got a lot of topics to talk about today, 17 00:00:50,320 --> 00:00:54,760 Speaker 1: and let's start with former Las Vegas Radiers coach John Gruten, 18 00:00:54,840 --> 00:00:59,040 Speaker 1: he is now suing the NFL and it's commissioner Roger Goodell, 19 00:00:59,800 --> 00:01:03,360 Speaker 1: and Gruden says that it was a concerted effort by 20 00:01:03,400 --> 00:01:07,560 Speaker 1: the league to ruin his career, and Scar, I guess 21 00:01:07,560 --> 00:01:10,319 Speaker 1: it's all over leaked emails, as he put it in. Yeah, 22 00:01:10,360 --> 00:01:14,280 Speaker 1: and he says the NFL chose to release them all 23 00:01:14,280 --> 00:01:17,840 Speaker 1: at once after knowing about it for years. Uh. He 24 00:01:17,880 --> 00:01:21,560 Speaker 1: also called it a Soviet style character assassination, which I 25 00:01:21,600 --> 00:01:23,600 Speaker 1: thought was really colorful. And the context here is that 26 00:01:23,640 --> 00:01:25,039 Speaker 1: he was in the middle of a ten year, one 27 00:01:25,080 --> 00:01:28,080 Speaker 1: hundred million dollar contract. We know he lost some sponsorship 28 00:01:28,120 --> 00:01:32,520 Speaker 1: deals as a result. Reputational damage is his main concern. Well, Lynchy, 29 00:01:32,560 --> 00:01:34,920 Speaker 1: does he have a case. Well, they're trying to work 30 00:01:34,920 --> 00:01:37,040 Speaker 1: out a settlement package here, and it's a big concern 31 00:01:37,120 --> 00:01:39,760 Speaker 1: whether the NFL owes him anything at all. This whole 32 00:01:39,800 --> 00:01:42,000 Speaker 1: thing actually happened by accident when they were doing the 33 00:01:42,040 --> 00:01:45,880 Speaker 1: investigation into all the allegations around Daniel Snyder, who owns 34 00:01:45,920 --> 00:01:49,400 Speaker 1: the Washington football team, and all of a sudden, more 35 00:01:49,440 --> 00:01:52,000 Speaker 1: than six hundred thousand emails came out with John Gruden 36 00:01:52,160 --> 00:01:55,760 Speaker 1: with some many homophone but comments, some racist comments, and 37 00:01:55,800 --> 00:01:58,320 Speaker 1: so they sort of stumbled upon it by accident. So 38 00:01:58,360 --> 00:02:00,040 Speaker 1: I don't know how Growden has a claim that it 39 00:02:00,280 --> 00:02:03,960 Speaker 1: was a direct deliberate effort by the National Football League 40 00:02:03,960 --> 00:02:06,040 Speaker 1: and Roger Goodell to run him out of the league. 41 00:02:07,080 --> 00:02:10,520 Speaker 1: My problem with this is exactly what you said, Lynch. 42 00:02:10,560 --> 00:02:14,760 Speaker 1: She is, Hey, I mean you wrote this. This, This 43 00:02:14,840 --> 00:02:18,680 Speaker 1: isn't like he doesn't deny it and he wrote this 44 00:02:18,919 --> 00:02:23,320 Speaker 1: and he's mad because well you guys released it. Well, hey, 45 00:02:23,360 --> 00:02:25,920 Speaker 1: I mean, what did they say about writing emails that 46 00:02:25,960 --> 00:02:28,480 Speaker 1: you should just be prepared at any point for it 47 00:02:28,560 --> 00:02:31,840 Speaker 1: to just show up in public? Exactly? I never write 48 00:02:31,880 --> 00:02:35,120 Speaker 1: an email that I do not want in public, and 49 00:02:35,520 --> 00:02:38,200 Speaker 1: for that matter, isn't really much except that thing about 50 00:02:38,240 --> 00:02:41,959 Speaker 1: the Perry Mason episode, but that's another story. Uh, But 51 00:02:42,440 --> 00:02:46,200 Speaker 1: I mean, don't put it in writing, folks. You know 52 00:02:46,480 --> 00:02:49,520 Speaker 1: what you say at the kitchen table is totally different 53 00:02:49,560 --> 00:02:51,880 Speaker 1: than when you put We should mention also that the 54 00:02:51,919 --> 00:02:54,320 Speaker 1: owner of the Raiders, Mark Davis, said last month that 55 00:02:54,360 --> 00:02:56,240 Speaker 1: he did reach a settlement with Grootin over the final 56 00:02:56,400 --> 00:02:58,920 Speaker 1: six plus years of his contract, so that part has 57 00:02:58,960 --> 00:03:04,320 Speaker 1: been resolved. Yeah. So I don't know, Lindie, but when 58 00:03:04,360 --> 00:03:06,720 Speaker 1: you're writing an email, someone once told me, pretend your 59 00:03:06,720 --> 00:03:08,920 Speaker 1: grandmother is looking over your shoulder as you're writing it. 60 00:03:10,240 --> 00:03:13,480 Speaker 1: Through that and let's talk about something a little happier. 61 00:03:13,760 --> 00:03:18,440 Speaker 1: The Mannings. Boy, have they just made a splash the 62 00:03:18,600 --> 00:03:23,160 Speaker 1: Monday night football there episode uh with Peyton and Eli 63 00:03:23,760 --> 00:03:27,240 Speaker 1: that has made a splash. And now they are going 64 00:03:27,560 --> 00:03:31,640 Speaker 1: into the sports betting business. Car You know, I'm I'd 65 00:03:31,639 --> 00:03:34,000 Speaker 1: be less surprised if they went into some kind of 66 00:03:34,000 --> 00:03:36,280 Speaker 1: crypto business and they became the news boats people for 67 00:03:36,520 --> 00:03:38,600 Speaker 1: some kind of crypto exchange, because that seems to be 68 00:03:38,640 --> 00:03:40,960 Speaker 1: the path for everyone right now. You do crypto and 69 00:03:40,960 --> 00:03:43,640 Speaker 1: you also do some sports betting on the side, or 70 00:03:43,680 --> 00:03:46,760 Speaker 1: maybe vice versa. Yeah, Linchie, we'll call it the arch. 71 00:03:48,920 --> 00:03:51,200 Speaker 1: You know. The attraction with the Mannings obviously they have 72 00:03:51,240 --> 00:03:54,280 Speaker 1: a squeaky clean reputation and for some people who are 73 00:03:54,320 --> 00:03:57,760 Speaker 1: sort of just reluctant even just tip put their toe 74 00:03:57,800 --> 00:04:00,480 Speaker 1: into the water into gambling, their whole pit chair is 75 00:04:00,520 --> 00:04:05,240 Speaker 1: that they have responsible tools. They have limits on your deposits, 76 00:04:05,240 --> 00:04:08,160 Speaker 1: spending limits, a number of gambling limits, and and staying 77 00:04:08,160 --> 00:04:11,360 Speaker 1: in control was their sort of moniker when they were 78 00:04:11,360 --> 00:04:14,200 Speaker 1: both quarterbacks, and never panic when things got to to 79 00:04:14,200 --> 00:04:16,760 Speaker 1: to dire and when things got too good. And so 80 00:04:16,800 --> 00:04:18,680 Speaker 1: this is the whole pitch with the Manning family now 81 00:04:18,680 --> 00:04:20,760 Speaker 1: a spot ran last night, I think was during the 82 00:04:20,760 --> 00:04:24,240 Speaker 1: Packers Seattle game, and I didn't have the volume up 83 00:04:24,240 --> 00:04:25,760 Speaker 1: all the way. But they're all sitting around a dining 84 00:04:25,839 --> 00:04:27,880 Speaker 1: room table with Caesar. He was trying to tell him 85 00:04:27,880 --> 00:04:30,880 Speaker 1: what they but what the Pilgrims were proclaiming. But it 86 00:04:31,240 --> 00:04:33,440 Speaker 1: just reeked up like here's a nice little he's a 87 00:04:33,480 --> 00:04:37,080 Speaker 1: great family. It's sort of America's football family. And if 88 00:04:37,120 --> 00:04:39,279 Speaker 1: it's okay for them to dabble into Caesar's well, if 89 00:04:39,279 --> 00:04:41,560 Speaker 1: I'm sort of reluctant and a little bit hesitant, you know, 90 00:04:41,600 --> 00:04:43,880 Speaker 1: if it's good enough for them, I might try it myself. 91 00:04:44,080 --> 00:04:47,560 Speaker 1: It's a very picture stability, isn't it. Sure is it's 92 00:04:47,600 --> 00:04:50,159 Speaker 1: almost old hat now for us to talk about the 93 00:04:50,160 --> 00:04:53,520 Speaker 1: the old NFL used to be afraid of gambling. Now 94 00:04:53,880 --> 00:04:56,960 Speaker 1: heck you got you got the whole blasted Manning family 95 00:04:57,000 --> 00:05:02,360 Speaker 1: in their yes, the full the first family of the NFL, 96 00:05:02,920 --> 00:05:06,240 Speaker 1: and they're all embracing it and and it's it's something 97 00:05:06,279 --> 00:05:09,120 Speaker 1: to see, uh it. And I think that's where it 98 00:05:09,520 --> 00:05:12,800 Speaker 1: really is going to take off. When you, like you said, 99 00:05:12,839 --> 00:05:15,960 Speaker 1: when you have a squeaky clean family like the Mannings, 100 00:05:16,480 --> 00:05:19,000 Speaker 1: it's like, you know, someone's gonna say, okay, I might 101 00:05:19,080 --> 00:05:22,279 Speaker 1: put five dollars on. There's also some synergy too, because 102 00:05:22,480 --> 00:05:25,359 Speaker 1: the Mannings already have this relationship with Caesar's. Um the 103 00:05:25,440 --> 00:05:28,920 Speaker 1: company operates a Manning's sports bar and grill out of Horrors, 104 00:05:28,960 --> 00:05:32,719 Speaker 1: New Orleans. Yeah, and now the Superdome is the is 105 00:05:32,720 --> 00:05:35,839 Speaker 1: the Caesar Superdome Now it's no longer the Mercedes Been Superdome. 106 00:05:35,920 --> 00:05:38,240 Speaker 1: So they're all over the place. And they and Caesar's 107 00:05:38,240 --> 00:05:42,680 Speaker 1: has casinos in New Orleans where the Manning family grew 108 00:05:42,760 --> 00:05:44,960 Speaker 1: up there. And and the big again, the big pitches 109 00:05:45,040 --> 00:05:47,360 Speaker 1: on the app that they have on your phone. They 110 00:05:47,360 --> 00:05:51,200 Speaker 1: have responsible tools, that's what they call it. Responsible tools 111 00:05:51,240 --> 00:05:54,720 Speaker 1: like but of course telling someone to be responsible, you know, 112 00:05:54,880 --> 00:05:57,120 Speaker 1: gambling is like telling Jan Martin to put his drink down. 113 00:05:57,160 --> 00:06:00,520 Speaker 1: I mean, isn't gonna happen. Responsible gaming tool as part 114 00:06:00,560 --> 00:06:03,680 Speaker 1: of the offering self imposed time limits, deposit limits and 115 00:06:03,760 --> 00:06:09,400 Speaker 1: spending limits. Don't be stupid, folks. Just bet with your head. 116 00:06:09,520 --> 00:06:14,200 Speaker 1: That's that's all you need to know. Uh. The Patriots. 117 00:06:14,200 --> 00:06:18,159 Speaker 1: Speaking of that Patriots, they're talking about pursuing business rights 118 00:06:18,200 --> 00:06:22,359 Speaker 1: in Germany. Well, Robert Craft, Uh, there was an offensive 119 00:06:22,360 --> 00:06:25,159 Speaker 1: tackle named Sevastian Volmer, who used to play for the Patriots, 120 00:06:25,160 --> 00:06:28,359 Speaker 1: and he's maintained a great relationship with Robert Craft. And 121 00:06:28,400 --> 00:06:32,000 Speaker 1: Volmer's over in Germany right now, and uh, he is 122 00:06:32,279 --> 00:06:36,920 Speaker 1: part of a media company that broadcast National Football League games. 123 00:06:36,920 --> 00:06:39,120 Speaker 1: A matter of fact, they sent a live crew to 124 00:06:39,160 --> 00:06:43,080 Speaker 1: foxbro yesterday to watch the report live on the Patriots 125 00:06:43,080 --> 00:06:46,640 Speaker 1: Cleveland Browns game back to Germany. And Robert Kraft wants 126 00:06:46,640 --> 00:06:49,279 Speaker 1: an NFL game in Germany. And Robert Craft is ahead 127 00:06:49,279 --> 00:06:51,840 Speaker 1: of the curve right here. Um, if Robert is going 128 00:06:51,880 --> 00:06:54,760 Speaker 1: after something, usually is something that's going to be very, 129 00:06:54,839 --> 00:06:59,400 Speaker 1: very profitable. Robert rarely strikes out on any business deals. Uh. 130 00:06:59,400 --> 00:07:01,440 Speaker 1: He was one of the first owners to break away 131 00:07:01,480 --> 00:07:04,719 Speaker 1: from Coca Cola, serving pepsi cooler in his stadium and 132 00:07:04,880 --> 00:07:08,400 Speaker 1: other um items that were not pretty much on the 133 00:07:08,480 --> 00:07:10,880 Speaker 1: National Football League list. He was the first one to 134 00:07:11,120 --> 00:07:14,720 Speaker 1: have UM use the internet during a game to do 135 00:07:14,800 --> 00:07:17,520 Speaker 1: live streaming of press conferences after the game. Everyone thought 136 00:07:17,520 --> 00:07:19,800 Speaker 1: he was crazy. And so here he goes into Germany 137 00:07:19,920 --> 00:07:22,960 Speaker 1: and again he has this relationship with Sebastian Volmer, who 138 00:07:23,000 --> 00:07:26,160 Speaker 1: sent a live crew to Foxboro yesterday to broadcast back 139 00:07:26,160 --> 00:07:29,200 Speaker 1: to Germany. So Robert Kraft is on the Uh, he's 140 00:07:29,320 --> 00:07:31,720 Speaker 1: riding the wave if the National Football League wants to 141 00:07:31,720 --> 00:07:35,640 Speaker 1: play a regular season game in Germany. Scar they're always thinking. 142 00:07:35,680 --> 00:07:38,480 Speaker 1: In the NFL, they are, and it's it's obviously not 143 00:07:38,520 --> 00:07:42,160 Speaker 1: the only team that's looking to um get a presence 144 00:07:42,160 --> 00:07:45,480 Speaker 1: in foreign markets. Nineteen NFL teams submitted twenty eight bids 145 00:07:45,480 --> 00:07:47,800 Speaker 1: two different foreign markets. Apparently most of the interest comes 146 00:07:47,800 --> 00:07:50,000 Speaker 1: from Mexico, which makes sense just south of the border 147 00:07:50,480 --> 00:07:52,880 Speaker 1: the UK. And I know, Lyncha, you just mentioned the 148 00:07:53,000 --> 00:07:55,360 Speaker 1: NFL game that has been that have been played in 149 00:07:55,400 --> 00:07:58,600 Speaker 1: the UK in London and Germany. What do they call 150 00:07:58,680 --> 00:08:02,800 Speaker 1: it when it's overseas? Is it just called American football? Um, 151 00:08:02,920 --> 00:08:04,320 Speaker 1: let's say, I'm trying to think of it was called 152 00:08:04,320 --> 00:08:06,840 Speaker 1: the London Bowl or something that there was some little 153 00:08:06,880 --> 00:08:08,880 Speaker 1: name for it when it first happened. This year there 154 00:08:08,920 --> 00:08:11,440 Speaker 1: were two games over there. Uh, there were none obviously 155 00:08:11,520 --> 00:08:13,840 Speaker 1: last year because of of COVID. But it's it's a 156 00:08:13,840 --> 00:08:15,760 Speaker 1: big attraction and they try to make a sort of 157 00:08:15,800 --> 00:08:17,320 Speaker 1: a half a week out of it. They come over 158 00:08:17,320 --> 00:08:20,120 Speaker 1: and they have the players have clinics in different parts 159 00:08:20,120 --> 00:08:24,920 Speaker 1: of Greater London. People. Yeah, yeah, to indoctrinate them. And 160 00:08:24,920 --> 00:08:28,560 Speaker 1: then of course they come with with boatloads of merchandise, 161 00:08:28,680 --> 00:08:30,520 Speaker 1: which is one of one of the biggest reasons they're 162 00:08:30,560 --> 00:08:33,760 Speaker 1: over there, and for television rights as well. That I mean, 163 00:08:33,800 --> 00:08:37,920 Speaker 1: it's amazing to me this. I never thought the NFL 164 00:08:38,080 --> 00:08:40,880 Speaker 1: was going to go worldwide when I was a kid, 165 00:08:41,360 --> 00:08:43,960 Speaker 1: and then one day we're going to play in London, 166 00:08:44,160 --> 00:08:46,760 Speaker 1: and I'm thinking, what would you do that for? And 167 00:08:46,800 --> 00:08:50,680 Speaker 1: then you know what, it took off And don't be 168 00:08:50,800 --> 00:08:54,480 Speaker 1: surprised when you see the NFL and this is gonna 169 00:08:54,520 --> 00:08:57,920 Speaker 1: be Can you see teams flying all over the world. 170 00:08:58,040 --> 00:09:04,640 Speaker 1: Now you got London? Uh? Whatever. London. Uh, if you're 171 00:09:04,640 --> 00:09:06,880 Speaker 1: in the East Coast is actually not that far right, 172 00:09:06,920 --> 00:09:10,280 Speaker 1: I mean it's seven hours cross country. Yeah, it's like 173 00:09:10,280 --> 00:09:12,760 Speaker 1: going the other way. I mean if you're a West 174 00:09:12,800 --> 00:09:15,480 Speaker 1: Coast based team, yeah, that's that's gonna be problematic and 175 00:09:15,480 --> 00:09:17,120 Speaker 1: you're gonna have to make sure you have a bye 176 00:09:17,120 --> 00:09:19,000 Speaker 1: week before it or after it. I want to see 177 00:09:19,000 --> 00:09:21,760 Speaker 1: the London Fangs, That's what I want to see. That's 178 00:09:21,800 --> 00:09:24,240 Speaker 1: my team right there. You've gotta be the fog. It's 179 00:09:24,280 --> 00:09:31,480 Speaker 1: gotta be the fag. U David Blitzer, he is eyeing 180 00:09:31,840 --> 00:09:36,520 Speaker 1: scar and MLS team, Yeah, the Real Salt Lake. UM. 181 00:09:36,640 --> 00:09:38,440 Speaker 1: David Blitzer, you might know him as one of the 182 00:09:38,440 --> 00:09:42,480 Speaker 1: owners of the Philadelphia seventies sixers, Crystal Palace soccer club, 183 00:09:42,520 --> 00:09:45,959 Speaker 1: the New Jersey Devils. They're now looking at buying, uh, 184 00:09:46,040 --> 00:09:48,880 Speaker 1: the MLS team Real Salt Lake which has actually been 185 00:09:48,920 --> 00:09:53,120 Speaker 1: on the market since September because of reports of racist 186 00:09:53,200 --> 00:09:56,800 Speaker 1: behavior by the current owner, Del Rooy Hansen. The team 187 00:09:56,880 --> 00:10:00,400 Speaker 1: is valued at four million dollars. I think FA in 188 00:10:00,480 --> 00:10:03,760 Speaker 1: Salt Lake City are are wondering and they're questioning whether 189 00:10:04,000 --> 00:10:08,679 Speaker 1: there's going to be if David Blitzer and friends end 190 00:10:08,720 --> 00:10:11,000 Speaker 1: up buying the team. Would he relocate the team, would 191 00:10:11,040 --> 00:10:14,040 Speaker 1: he invest in the team, spend money on it? How 192 00:10:14,120 --> 00:10:18,200 Speaker 1: much would he meddle in the team? Legitimate questions. Owning 193 00:10:18,200 --> 00:10:21,600 Speaker 1: an MLS team is a big attraction for National Football 194 00:10:21,679 --> 00:10:23,719 Speaker 1: League owners. I believe there are no fewer than eight 195 00:10:23,760 --> 00:10:26,960 Speaker 1: and maybe as many as ten NFL owners also own 196 00:10:27,840 --> 00:10:31,320 Speaker 1: a Major League soccer team. It's very lucrative because not 197 00:10:31,440 --> 00:10:34,439 Speaker 1: only other TV rights here in this country, but there 198 00:10:34,440 --> 00:10:36,439 Speaker 1: are many of the players on the team come from 199 00:10:36,440 --> 00:10:39,680 Speaker 1: Europe and so there's television contracts to be dealt with 200 00:10:39,800 --> 00:10:42,440 Speaker 1: over there, which is just just like free money. So 201 00:10:42,679 --> 00:10:44,640 Speaker 1: it's it's it's a big attraction for a lot of 202 00:10:44,720 --> 00:10:47,679 Speaker 1: NFL owners. Some of us get it here in the 203 00:10:47,800 --> 00:10:51,560 Speaker 1: US about soccer, but when are we really going to 204 00:10:51,600 --> 00:10:56,280 Speaker 1: get it, folks? Soccer is a major sport around the world, 205 00:10:56,559 --> 00:10:59,440 Speaker 1: and I think of all things, the thing that's going 206 00:10:59,520 --> 00:11:02,880 Speaker 1: to really really like tune us up is Ted Lasso. 207 00:11:04,160 --> 00:11:09,400 Speaker 1: That show if anybody if oh, that did it really 208 00:11:09,600 --> 00:11:12,920 Speaker 1: because Ted Lasso reminds me a lot of me of like, 209 00:11:13,200 --> 00:11:16,320 Speaker 1: what do you mean, the different pitches, the different sizes, 210 00:11:16,400 --> 00:11:18,600 Speaker 1: what the heck? I haven't seen the second season, but 211 00:11:19,480 --> 00:11:22,040 Speaker 1: the first season struck me is less about soccer and 212 00:11:22,080 --> 00:11:24,920 Speaker 1: the sport itself and more about just an American in 213 00:11:25,000 --> 00:11:28,120 Speaker 1: London management and how you manage people and how you 214 00:11:28,640 --> 00:11:31,640 Speaker 1: find common ground. Yeah, I mean, it really is a 215 00:11:31,640 --> 00:11:33,520 Speaker 1: great show. I'm no, I'm sorry, I'm going off on 216 00:11:33,520 --> 00:11:36,360 Speaker 1: a tangent. But if you guys this there's a reason 217 00:11:36,400 --> 00:11:40,160 Speaker 1: why that show won many Emmys and Lynchy, I mean 218 00:11:40,559 --> 00:11:43,000 Speaker 1: you probably have seen it, and if you can, folks, 219 00:11:43,280 --> 00:11:46,000 Speaker 1: check it out some more. Yeah, not through the first 220 00:11:46,000 --> 00:11:47,840 Speaker 1: season yet, but I think I'm one of the only 221 00:11:48,040 --> 00:11:50,360 Speaker 1: people on the planet that hasn't been through the first season, 222 00:11:50,400 --> 00:11:53,640 Speaker 1: so doesn't leave you reeling warm and fuzzy. Lynch, Yeah, 223 00:11:53,679 --> 00:11:56,320 Speaker 1: it does. I kind of like it. I I resisted 224 00:11:56,320 --> 00:11:57,959 Speaker 1: it with one of my daughter said, Dad, you gotta watch, 225 00:11:57,960 --> 00:11:59,640 Speaker 1: you gotta watch, you gotta watch it. And so finally 226 00:11:59,640 --> 00:12:02,080 Speaker 1: I didn't you know, she was right, You're buying into it. 227 00:12:02,679 --> 00:12:06,000 Speaker 1: I am. I'm in. He's right. I can't stand t either. 228 00:12:06,040 --> 00:12:09,240 Speaker 1: Ted last, so, uh, this is the Bloomberg Business of 229 00:12:09,320 --> 00:12:12,040 Speaker 1: Sports podcast. I'm Michael Barr, along with Scarlet fu and 230 00:12:12,080 --> 00:12:15,040 Speaker 1: Mike Lynch, and catch us here every Monday, Wednesday and 231 00:12:15,080 --> 00:12:18,000 Speaker 1: Thursday exploring the world of money in sports. And catch 232 00:12:18,040 --> 00:12:20,640 Speaker 1: me on Twitter at Big Bar Sports. Now Mike Lynch 233 00:12:20,679 --> 00:12:23,160 Speaker 1: you can follow me at Lynch w CBB. And I'm 234 00:12:23,200 --> 00:12:25,720 Speaker 1: Scarlet flu. I'm on Twitter at Scarlet Foul. You're listening 235 00:12:25,800 --> 00:12:30,000 Speaker 1: to Bloomberg Business of Sports on Bloomberg Radio around the world.