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Speaker 1: This is the Bloomberg Business of Sports show, where we

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Speaker 1: explore the big money issues in the world of sports.

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Speaker 1: I'm Michael Blong, I'm Scarlett Poo, and I'm Mike Lynch.

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Speaker 1: Coming up today. We have several topics to talk about,

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Speaker 1: and let's start with the Shawn Watson contract. Uh, he

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Speaker 1: has apparently how can I put this, He's decided to

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Speaker 1: sign with the Browns. But there's way more to it

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Speaker 1: than that, And Scarlet Let's first start off with this

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Speaker 1: big old contract that he got. Yeah, it's a fully

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Speaker 1: guaranteed five years and apparently ninety million dollars more total

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Speaker 1: guaranteed than Patrick Mahomes. So there's a lot here to

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Speaker 1: to to break down. But my understanding Lynchy here is

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Speaker 1: that quarterbacks are in high demand right now, and he's

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Speaker 1: a controversial player because of some of the accusations against

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Speaker 1: him and the possibility that perhaps the NFL might take

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Speaker 1: action against him in the coming season, and this contract

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Speaker 1: kind of accounts for that. Well, his first year next year,

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Speaker 1: he's only going to be paid one a little over

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Speaker 1: a million dollars, and that's to protect him in case

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Speaker 1: the National Football League decides to suspend him. The rest

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Speaker 1: of his contract is protected and if it it basically,

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Speaker 1: if he gets suspended, he cannot lose any of his

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Speaker 1: salary at all. Now, there's a lot of obstacles down

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Speaker 1: the road for him. Even though the grand jury refused

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Speaker 1: to indict him last Friday, he still has twenty two

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Speaker 1: civil suits outstanding, and those obviously are going to pop

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Speaker 1: up at different times during his tenure. In time, he's

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Speaker 1: wearing a Cleveland Browns uniform and a lot of people

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Speaker 1: are scratching their head and saying, where is the commissioner

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Speaker 1: on this? He could easily step in and place the

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Speaker 1: Shaun Watson on on leave under the NFL's conduct policy. Um,

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Speaker 1: he's done that with a ton of other players before

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Speaker 1: in years past. Um, and you pending civil losses, that's

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Speaker 1: a huge number. And right now, Deshaun Watson says, hey,

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Speaker 1: you know what these twenty two people they're lying and uh,

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Speaker 1: you know I'm not. I You're innocent until proven guilty.

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Speaker 1: Two separate people, two separate people. You're saying they're all lying.

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Speaker 1: And then if you're the Cleveland Browns, what are you

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Speaker 1: saying to not only the league but to the fans

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Speaker 1: in general, is like, listen, we're gonna win in any cause.

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Speaker 1: That's the Clare message and there is no other message

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Speaker 1: to be interpreted from the Cleveland Browns. And and shame

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Speaker 1: on the Atlanta Falcons and Carolina Panthers in New Orleans Saints,

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Speaker 1: who are the other three suitors for Deshaun Watson's services.

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Speaker 1: This is Houston wanted no part of him once to

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Speaker 1: that that that he was uh did the grand jury

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Speaker 1: failed to indict him. Houston says, we're getting rid of

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Speaker 1: him right now. He's radioactive. We want nothing to do

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Speaker 1: with him. However, there's always said the four other teams

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Speaker 1: that said, come on down, we'll we'll wrap our arms

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Speaker 1: around you and and you're gonna be fine, play and

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Speaker 1: protect you no less. So what does this say for

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Speaker 1: other quarterbacks and whatever contracts they may be able to

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Speaker 1: sign in coming years, what how does this change the

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Speaker 1: market for them? Well, it depends if you have a

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Speaker 1: team that wants them, like the Cleveland Browns and they

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Speaker 1: want to win at any cost, it's not gonna mean

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Speaker 1: anything because they're gonna say, hey, you know what, come

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Speaker 1: on down, we need you. And which brings me to

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Speaker 1: the next point. Deshaun Watson gets this big old fat

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Speaker 1: contracts structured in a way to where if he is suspended,

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Speaker 1: and he likely will be suspended next season, it won't

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Speaker 1: hurt him. It won't hurt him. However, Colin Kaepernick still

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Speaker 1: can't find a team. Yeah, the last time he played

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Speaker 1: in the NFL was in and of course he has

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Speaker 1: not been able to get a job since then because

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Speaker 1: he was kneeling during the national anthem. He made himself

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Speaker 1: a symbol of civil rights protests. And he has not

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Speaker 1: been able to play for the NFL. And he's been trying,

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Speaker 1: i think in seasons past, to get on a roster.

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Speaker 1: Right now, through social media, he's been releasing videos of

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Speaker 1: himself doing these, Um a throwing session. I think he

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Speaker 1: worked out with Seattle Seahawks receiver Tyler Lockett in Arizona,

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Speaker 1: and then he also conducted workouts in Houston. He's very

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Speaker 1: much trying to get back in the game again. Um.

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Speaker 1: He's apparently in really good shape right now, Like his

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Speaker 1: throws look really good and NFL executives who need a

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Speaker 1: quarterback would probably be looking at this if not for

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Speaker 1: the fact that he's proven to be so controversial. Well,

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Speaker 1: he's he's settled with the league a couple of years ago,

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Speaker 1: but he still wants to play football. And this just

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Speaker 1: has everyone scratching their head. I mean, all he all

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Speaker 1: he's guilty of is an act of civil disobedience taking

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Speaker 1: a knee during the national anthem, And it turns out

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Speaker 1: that that he was right. He did. He and others

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Speaker 1: who did so brought awareness to police brutality and the

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Speaker 1: Black Lives Matter movement. Think of some of the other

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Speaker 1: players that have come and gone, and they have been

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Speaker 1: allowed to come back into the league for far more

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Speaker 1: egregious offenses. You look at Antonio Brown for one, Kareem

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Speaker 1: Hunt another We're running back, both facing sexual assault charges.

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Speaker 1: They were suspended then allowed back in the National Football League.

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Speaker 1: But because Colin Kaepernick took a knee, that's a greater offense,

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Speaker 1: and he still was not allowed back in the league.

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Speaker 1: He got Donald Trump all worked up, who basically made

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Speaker 1: him the symbol of things that are wrong with the NFL.

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Speaker 1: It led to this year in which the NFL was

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Speaker 1: in the middle of this culture war. Ironic that in

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Speaker 1: the end uh the NFL Commissioner Roger Goodell said that

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Speaker 1: the league was wrong to not have listened to players

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Speaker 1: earlier on topics like the racial reckoning and the racism

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Speaker 1: across the country, and he encouraged peaceful protest um you

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Speaker 1: see end racism in the back of the end zones

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Speaker 1: of NFL studium stadiums for the last couple of years.

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Speaker 1: So the NFL has kind of taken a turn as well,

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Speaker 1: but Colin Kaepernick is still out there on the outside.

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Speaker 1: Legendary NFL quarterback Warren Moon Uh he made comments about

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Speaker 1: He says he doesn't see the league or the owners

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Speaker 1: giving Kaepernick another shot, And according to what the Moon said,

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Speaker 1: I just don't know if he's going to get that opportunity.

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Speaker 1: I just don't think the NFL wants that subject back

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Speaker 1: into the league. Moon went on to say, just thinking

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Speaker 1: off the top of my head, those owners, they have

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Speaker 1: a very close knit unit, and once they make their

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Speaker 1: minds up that they don't want to do something, it

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Speaker 1: does not happen. The cartel is acting against him. It is,

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Speaker 1: you know, and I know exactly in the voice the

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Speaker 1: unheard voices. Here are the coaches who go to the

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Speaker 1: owners and say, look, every time we come out to practice,

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Speaker 1: every move this guy makes is going to be chronicled.

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Speaker 1: There's gonna be cameras all over him. The questions at

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Speaker 1: every press conference and every locker room was we don't

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Speaker 1: need that distraction. We don't need it. We don't need it. Now,

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Speaker 1: there are some the National Football he probably is right

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Speaker 1: now has his higher level as quarterback as they've ever

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Speaker 1: had in their in seventy years. However, um the drop

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Speaker 1: off between a first string quarterback and a second string

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Speaker 1: quarterback is huge, and Colin Kaepernick, certainly I think could

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Speaker 1: be a backup quarterback from many teams in the National

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Speaker 1: Football League. He just needs to get the opportunity to

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Speaker 1: come to camp. And I don't want to hear about

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Speaker 1: will he's too old. He's only thirty four. Meanwhile, Tom

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Speaker 1: Brady who's eight twelve, along with Aaron Rodgers who is

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Speaker 1: also going to be at well in his forties playing

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Speaker 1: in this contract. So they're out there playing. So don't

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Speaker 1: tell me he's too old to play in the league.

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Speaker 1: I'm just saying, look, you got a talent out there,

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Speaker 1: and he's not off the charts like a Deshaun Watson is. Uh.

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Speaker 1: So we'll see how this happens. So we'll see how

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Speaker 1: it plays. Apparently, the trainers who oversaw Colin Kaepernick's workout

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Speaker 1: we're saying that he looks really good. He's better than

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Speaker 1: some of the players they've seen um on you know

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Speaker 1: the charts for the air clubs. He could easily come

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Speaker 1: in and lynch, as you said, be a number two

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Speaker 1: quarterback in the NFL right now. It's just a matter

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Speaker 1: of whether the team's um and the staff and the

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Speaker 1: league wants to work through that. Let's talk about something

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Speaker 1: on a much happier note for you. Let's talk about

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Speaker 1: this is why, this is why Barr picked at the topic.

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Speaker 1: Oh Lordia, Well, it just it happened to pop up

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Speaker 1: the INC Men's basketball tournament bracket. Uh, where are you

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Speaker 1: in your bracket? Beer Scarlett? Apparently I'm doing really well,

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Speaker 1: but I can take zero credit for it because I

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Speaker 1: did not actually actively select my picks. It was like,

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Speaker 1: you know, um, in investing, you could go you can

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Speaker 1: choose passive funds or active funds. I chose a passive

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Speaker 1: fund where it just auto filled for me, and I

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Speaker 1: went with it. See, you know my my saying you

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Speaker 1: said the quiet part out loud. You didn't need to

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Speaker 1: say that because if you just said I placed here

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Speaker 1: baund Okay, sorry, I am ranked number five right now, whoa, lordy,

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Speaker 1: where are I'm I'm way down? Could you hear me?

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Speaker 1: I'm down on the bottom of the pile. Here, we're

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Speaker 1: number nineteen. I'm getting something something, I'm trying to get

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Speaker 1: nineteen digits to hold on a foam hand and say

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Speaker 1: we're number nineteen. That's where I am right now after

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Speaker 1: Auburn let me down. And also, but Michael Barr and

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Speaker 1: Jason Kelly former co host of the show, or at

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Speaker 1: forty three points in Scarlett even though you're ranked fifth

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Speaker 1: or only one point off the top, So that's very

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Speaker 1: nice leading and I have thirty something points. I mean,

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Speaker 1: I feel like I really need to give the algorithm credit.

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Speaker 1: I can't take any credit for this, you know. I mean, listen,

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Speaker 1: it's the big deal. Is going to be what happens

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Speaker 1: from the Sweet sixteen to the Elite eight to the

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Speaker 1: Final four. This upcoming weekend is going to tell the

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Speaker 1: story for a lot of brackets. But I gotta give

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Speaker 1: a shout out to St. Peter's Universe City in Jersey City,

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Speaker 1: New Jersey. You talk about the Cinderella story of the

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Speaker 1: whole tournament. Here's a fifteenth seed if I'm believing them right,

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Speaker 1: fifteen seed and they make it to the sweet six. Team.

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Speaker 1: I mean, they took out teams. There is no way

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Speaker 1: in the world I thought they were going to take

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Speaker 1: out but they did, and that one they got the

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Speaker 1: face per due. But you know what to the team salute.

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Speaker 1: The big flud you heard last night was urban going

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Speaker 1: down and then you heard if you opened up your window,

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Speaker 1: you heard a lot of screaming going out of houses

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Speaker 1: from your household bar there was there was It was

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Speaker 1: a loud. It was loud. It was brief, but it

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Speaker 1: was loud. You probably heard the vovo Zella's man from

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Speaker 1: my house. And I was celebrating. I'm like, yeah, budding.

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Speaker 1: So I still have my two teams that are going

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Speaker 1: to the finals. Duke is still alive and Kansas is

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Speaker 1: still alive. So as long as they stay upright, I

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Speaker 1: am good to go. And three out of four still alive,

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Speaker 1: so I'm not out of it yet. And you gotta

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Speaker 1: give it to Michigan to I didn't think that they

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Speaker 1: were going to advance as far as they did, but hey,

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Speaker 1: you know they're there, and uh good for them, and

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Speaker 1: they beat Tennessee. I didn't think there was any way

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Speaker 1: in the world they were going to beat Tennessee, but

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Speaker 1: they did so. Speaking of Michigan, Michael Barr, name image

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Speaker 1: and likeness is playing a part for the first time ever.

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Speaker 1: There's a reserve player from Michigan named Adrian Nunez who

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Speaker 1: has already struck deals name, image and likeness with Amazon, Coach,

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Speaker 1: and Spotify. He has over three million followers on TikTok

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Speaker 1: and he spends about seven to ten hours a week

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Speaker 1: with his girlfriend making videos for this Amazon's pro program.

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Speaker 1: Apparently it's try before you Buy program and it's a

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Speaker 1: big hit. And also, um, some numbers popped up here. Uh,

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Speaker 1: women's basketball on TikTok gets actually paid more than men's basketball.

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Speaker 1: So there were some women out there women's basketball playing

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Speaker 1: in this tournament that kept d dollars for every TikTok post.

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Speaker 1: I love that amazing, huh. And the men so we

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Speaker 1: just sit around and your tick talk and they get Oh,

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Speaker 1: if you have enough followers, people are going to come

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Speaker 1: and they're going to Um, they're gonna give you some money. Now,

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Speaker 1: this guy Nunius wouldn't say how much he's made, uh,

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Speaker 1: the Michigan reserve player, but he says it's been huge

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Speaker 1: so far. Let me just point out that making a

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Speaker 1: TikTok is very time consuming. Seven I. I looked at

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Speaker 1: the video and they said that they almost have like

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Speaker 1: a little studio in their dorm room or apartment and

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Speaker 1: they're editing these shots and they're pretty clever. Um, And

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Speaker 1: you're right it this looks like it's a long involved process.

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Speaker 1: I mean, you've got to script out what you're gonna do,

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Speaker 1: or at least you know, have a concept of what

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Speaker 1: you're gonna do. Then you have to film it, then

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Speaker 1: you have to edit it, and you know, you've got

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Speaker 1: to make sure you add the different um elements to it.

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Speaker 1: I'm sure there's a more appropriate term for it in

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Speaker 1: the social media world. But you've got to decorated with

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Speaker 1: stickers and memes and and add the tax and everything

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Speaker 1: takes a long time. Yeah, and you can check them out.

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Speaker 1: It's Adrian A d R I E N then underscore

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Speaker 1: Nunez and U n e Z and it's pretty clever

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Speaker 1: what they've done. I'm about as technical as a rock.

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Speaker 1: We're going to do a TikTok one day, Michael Barr.

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Speaker 1: We're on a clock. What I have faith in you

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Speaker 1: and TikTok though, because It's basically television production from your phone.

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Speaker 1: The only problem is that you need a gigantic phone

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Speaker 1: to do it because there's lots of like nimble fingerwork

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Speaker 1: with you know, editing down your clips. He's looking at

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Speaker 1: me like I'm crazy, just like this is not happening

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Speaker 1: on my watch? Is that a shout at your foot?

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Speaker 1: Michael is? What is that? I'm gonna get you know what,

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Speaker 1: because I've done a couple of TikTok's. I'm gonna get

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Speaker 1: you to do a TikTok. We'll do one to go

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Speaker 1: all right, We're going to do a TikTok. Yeah, we'll

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Speaker 1: do a TikTok together. Then you want to be part

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Speaker 1: of it. You want to send over a clip of yourself? Sure?

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Speaker 1: Why not? All right? This is this is what we're

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Speaker 1: gonna work. Make an idiot proof. You've done a little TV,

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Speaker 1: haven't you? Just a little bit? I think I think Lynch,

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Speaker 1: you can handle this. This is the Bloomberg Business of

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Speaker 1: Sports podcast. I'm Michael bar along with Scarlett fu and

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Speaker 1: Mike Lynch. Catch us here each and every Monday, Wednesday

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Speaker 1: and Thursday, exploring the world of money on sports, and

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Speaker 1: catch me on Twitter at Big Bar Sports. You can

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Speaker 1: find me on Twitter at Scarlett fu Talk. I'm Mike Lynch.

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Speaker 1: Follow me at Lynch w CBV. What's your TikTok handle?

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Speaker 1: Do you have an account? I don't have one though, okay,

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Speaker 1: and Michael Barr, I know you don't have an account, yum,

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Speaker 1: but we're gonna make you one. I'm on TikTok at

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Speaker 1: scar j Fou. Yeah, I'm at TikTok Enthusiat. That's that's

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Speaker 1: what this is gonna be. You're listening to Bloomberg Business

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Speaker 1: of Sports on Bloomberg Radio around the world.