1 00:00:00,400 --> 00:00:03,200 Speaker 1: Hello. I'm Scott Sasman, I'm Evan Nobe Williams, and I'm 2 00:00:03,240 --> 00:00:07,119 Speaker 1: Michael bar And this is the Bloomberg Business of Sports podcast, 3 00:00:07,160 --> 00:00:09,319 Speaker 1: where we explore the big money issues in the world 4 00:00:09,400 --> 00:00:13,400 Speaker 1: of sports today. We begin with the latest chapter in 5 00:00:13,600 --> 00:00:18,880 Speaker 1: that video, Oh my ads landed the New England Patriots 6 00:00:18,920 --> 00:00:22,280 Speaker 1: in hot Water. Why this is just something I'm shocked. 7 00:00:22,480 --> 00:00:24,560 Speaker 1: I'm shocked, I tell Barrow. Is it on the front 8 00:00:24,600 --> 00:00:27,560 Speaker 1: pages of the papers in London and Paris US? Just 9 00:00:27,640 --> 00:00:32,320 Speaker 1: what they're talking about exactly is not the number one topic, 10 00:00:32,479 --> 00:00:36,880 Speaker 1: either this or the Brexit vote and the election. I 11 00:00:36,920 --> 00:00:39,120 Speaker 1: don't think that our listeners are number one highlight of 12 00:00:39,159 --> 00:00:42,240 Speaker 1: the trip. The number one highlight. I did an afternoon 13 00:00:42,280 --> 00:00:46,239 Speaker 1: tea I did, and they had the finger sandwiches, the 14 00:00:46,320 --> 00:00:49,599 Speaker 1: cucumber sandwiches, and then they had the turkey sandwich, all 15 00:00:49,640 --> 00:00:53,000 Speaker 1: these fingers, and then they bring this huge thing out 16 00:00:53,040 --> 00:00:55,320 Speaker 1: of all the sandwiches and they take that away, and 17 00:00:55,320 --> 00:00:57,959 Speaker 1: then they bring in all the pastries. That is now 18 00:00:57,960 --> 00:01:00,400 Speaker 1: I understand why it was. In case you're just I 19 00:01:00,440 --> 00:01:03,320 Speaker 1: believe now years ago somebody told me this. I believe 20 00:01:03,480 --> 00:01:06,800 Speaker 1: if you really get that craving, I think you can 21 00:01:06,840 --> 00:01:08,920 Speaker 1: do like high Tia or noon to whatever it's called 22 00:01:09,160 --> 00:01:11,520 Speaker 1: at the Plaza Hotel. Really, I think they have the 23 00:01:11,520 --> 00:01:14,440 Speaker 1: whole sandwich tower, the whole shebang. I think you can 24 00:01:14,480 --> 00:01:18,720 Speaker 1: do it at the Plaza. Come right, Okay, Tom Brady, 25 00:01:18,920 --> 00:01:21,640 Speaker 1: what evan you you watched the video and you said, oh, 26 00:01:21,680 --> 00:01:24,400 Speaker 1: this isn't that bad. Yeah. So Fox Sports in their 27 00:01:24,440 --> 00:01:28,880 Speaker 1: pregame on Sunday before the game started, revealed some sort 28 00:01:28,880 --> 00:01:32,240 Speaker 1: of footage of then employee for the Bengal speaking with 29 00:01:32,319 --> 00:01:37,200 Speaker 1: a videographer for the Patriots and about the about what 30 00:01:37,240 --> 00:01:39,840 Speaker 1: they were taping. And it includes a few minutes of 31 00:01:39,880 --> 00:01:42,520 Speaker 1: taping and the and the tape that they included is 32 00:01:42,560 --> 00:01:47,440 Speaker 1: clearly video of the the Cincinnati Bengals sideline. Uh, it's 33 00:01:47,480 --> 00:01:50,120 Speaker 1: it's watching you know, players running on and off the field, 34 00:01:50,160 --> 00:01:54,760 Speaker 1: on on substitutions, etcetera. Um. The big question, I guess 35 00:01:54,760 --> 00:01:57,360 Speaker 1: two questions. One, I have no idea how much if 36 00:01:57,400 --> 00:01:59,120 Speaker 1: you're an NFL coach, if you look at this footage, 37 00:01:59,160 --> 00:02:00,640 Speaker 1: is there are a lot to be from it? Is 38 00:02:00,640 --> 00:02:03,600 Speaker 1: it is it highly scandalous or you know, is there 39 00:02:03,600 --> 00:02:06,200 Speaker 1: nothing to be to be taken from it? Um? And 40 00:02:06,240 --> 00:02:08,040 Speaker 1: that's the question number one. And I guess question number 41 00:02:08,040 --> 00:02:09,960 Speaker 1: two because because we know that what the Patriots did 42 00:02:10,040 --> 00:02:12,240 Speaker 1: is not allowed, and we have the videographer on the 43 00:02:12,280 --> 00:02:17,720 Speaker 1: video college. Yeah, so how often does this happen? Right? 44 00:02:17,840 --> 00:02:21,200 Speaker 1: Is this a one off? Or are they accidentally quote 45 00:02:21,240 --> 00:02:24,200 Speaker 1: unquote breaking the rules every Sunday at the at their 46 00:02:24,240 --> 00:02:26,440 Speaker 1: at their future opponents. My favorite part of thing, like 47 00:02:26,440 --> 00:02:27,880 Speaker 1: I said, it was the dialoguew about the guys like 48 00:02:27,880 --> 00:02:31,959 Speaker 1: I can, I'll delete it. I'll delete it. Damage is done, 49 00:02:31,960 --> 00:02:35,000 Speaker 1: my friend, you know, like this was the damage is done, 50 00:02:35,040 --> 00:02:37,800 Speaker 1: my friend? You you know delete here. I would imagine 51 00:02:37,840 --> 00:02:43,720 Speaker 1: we're going to get some kind of run exactly. Do 52 00:02:43,800 --> 00:02:45,680 Speaker 1: we think it will be worse or two thousand seven 53 00:02:45,760 --> 00:02:48,560 Speaker 1: spy Gate when the when the Patriots were stealing signs 54 00:02:48,560 --> 00:02:50,720 Speaker 1: from the Jets? You know that was the first round pick. 55 00:02:50,800 --> 00:02:53,839 Speaker 1: It was two d fine to the team and five 56 00:02:54,200 --> 00:02:56,760 Speaker 1: thousand to Belichick. Do we think this ends up being 57 00:02:56,840 --> 00:02:59,639 Speaker 1: higher than that or worser or better for the team? 58 00:03:00,480 --> 00:03:02,079 Speaker 1: I can't imagine, you know what, you know what we're 59 00:03:02,080 --> 00:03:05,800 Speaker 1: missing here? There's one thing we're missing here. There's no 60 00:03:05,840 --> 00:03:08,600 Speaker 1: proof of it, of what that they did anything intentionally, 61 00:03:08,919 --> 00:03:11,120 Speaker 1: but we have proof that they were breaking NFL rules. Yeah, 62 00:03:11,320 --> 00:03:13,040 Speaker 1: they they've come to it, and you know the fact, 63 00:03:13,080 --> 00:03:15,960 Speaker 1: and they distanced the organization by saying it was an 64 00:03:15,960 --> 00:03:19,799 Speaker 1: independent contractor. Now, yes, that contractor should have also known 65 00:03:19,840 --> 00:03:21,760 Speaker 1: the rules or needs to be briefed on the rules. 66 00:03:22,040 --> 00:03:27,280 Speaker 1: That's not an excuse um. You just don't know how 67 00:03:27,360 --> 00:03:32,080 Speaker 1: much the history will affect whatever possible punishment that Roger 68 00:03:32,120 --> 00:03:34,560 Speaker 1: Goodell wants to hand down, which you probably should, right, 69 00:03:34,600 --> 00:03:36,360 Speaker 1: I mean you have to if you have a history 70 00:03:36,400 --> 00:03:37,880 Speaker 1: that the Patriots have. I think you have to be 71 00:03:37,960 --> 00:03:42,160 Speaker 1: ultra sensitive when you're sending video cruise to the stadiums 72 00:03:42,160 --> 00:03:43,920 Speaker 1: that you're not playing, and so you're asking if we're 73 00:03:43,960 --> 00:03:45,760 Speaker 1: playing Card Sharks or whatever that game was, you're asking 74 00:03:45,840 --> 00:03:50,400 Speaker 1: higher or lower. Yeah, and essentially a draft pick in 75 00:03:50,400 --> 00:03:53,920 Speaker 1: a two or fifty fine organization. I don't think draft kick. 76 00:03:54,040 --> 00:03:56,440 Speaker 1: I don't think you don't think. No, let me play 77 00:03:56,480 --> 00:03:59,600 Speaker 1: Devil's Advocate. And this is on the picture right on 78 00:04:00,200 --> 00:04:04,840 Speaker 1: spn H the Bills beating the Steelers and Josh Allen 79 00:04:05,240 --> 00:04:09,000 Speaker 1: is hugging his teammate. And as you know, quarterbacks have 80 00:04:09,280 --> 00:04:12,880 Speaker 1: that the wrist band that has all the plays. I 81 00:04:12,880 --> 00:04:16,280 Speaker 1: mean it's right, they're displayed. So what's stopping a team 82 00:04:16,320 --> 00:04:20,120 Speaker 1: from saying, hey, let's zoom in on that and and 83 00:04:20,200 --> 00:04:23,640 Speaker 1: check that out. Compared to this, what the what the 84 00:04:23,680 --> 00:04:27,599 Speaker 1: Patriots are supposed to? Ostensibly there's nothing. And this to 85 00:04:27,680 --> 00:04:30,799 Speaker 1: me again mirrors the conversation we had about the Astros 86 00:04:30,839 --> 00:04:34,760 Speaker 1: stealing signs during playoff games, is that they're part of 87 00:04:34,760 --> 00:04:37,920 Speaker 1: this has to be some the onus is partially on, 88 00:04:38,440 --> 00:04:41,120 Speaker 1: in my opinion, all teams to make sure that there 89 00:04:41,960 --> 00:04:44,680 Speaker 1: calls there, you know, all that can't be stolen, right, 90 00:04:44,680 --> 00:04:47,360 Speaker 1: And if you're putting your plays on your quarterbacks wrist, 91 00:04:48,480 --> 00:04:50,760 Speaker 1: that is a that's a way in which opponents can 92 00:04:51,120 --> 00:04:54,039 Speaker 1: kind think fairly easily start to learn a bit about 93 00:04:54,080 --> 00:04:55,279 Speaker 1: your place. So if you're going to do that, I 94 00:04:55,279 --> 00:04:57,839 Speaker 1: think you have to change it weekly, right or or 95 00:04:58,040 --> 00:05:01,440 Speaker 1: do something about about that. If you have a photo 96 00:05:01,480 --> 00:05:03,760 Speaker 1: of the wrist, you can't tell what the place always 97 00:05:03,800 --> 00:05:07,919 Speaker 1: drives me crazy. In the NBA, you have coaches, they 98 00:05:08,040 --> 00:05:09,919 Speaker 1: they're right there, everybody's out in the front. They're saying 99 00:05:10,440 --> 00:05:13,400 Speaker 1: run three triple down and they're yelling it out and 100 00:05:13,400 --> 00:05:16,440 Speaker 1: they're telling them what play is coming, right. And in 101 00:05:16,520 --> 00:05:18,400 Speaker 1: the NFL you've got the coaches where they put the 102 00:05:18,440 --> 00:05:20,600 Speaker 1: cards up over their mouths when they're speaking, and it's 103 00:05:20,600 --> 00:05:23,080 Speaker 1: the biggest height of secrets. They're telling you the play. 104 00:05:23,120 --> 00:05:26,159 Speaker 1: In the NBA, all the scouts are there, they're watching everything, 105 00:05:26,960 --> 00:05:29,400 Speaker 1: and you just still have to execute the play. It's 106 00:05:29,400 --> 00:05:32,440 Speaker 1: a little different, a little but it's like, come on, 107 00:05:32,640 --> 00:05:37,440 Speaker 1: execute the play, Execute and then execute me. No, we 108 00:05:37,480 --> 00:05:40,600 Speaker 1: would never do. Up. Next, we have billionaire owner of 109 00:05:40,600 --> 00:05:44,120 Speaker 1: the Dallas Mavericks. We all know who, Mark Cuban, selling 110 00:05:44,160 --> 00:05:47,919 Speaker 1: one of his sports tech investments to the owners of 111 00:05:48,040 --> 00:05:49,920 Speaker 1: the l. A Dodger. I'll tell you, bar, if you 112 00:05:50,760 --> 00:05:53,040 Speaker 1: hang around the NBA or if you're a big fan 113 00:05:53,120 --> 00:05:54,760 Speaker 1: of the n B A, I can tell you over 114 00:05:54,800 --> 00:05:57,839 Speaker 1: the last few years you've heard of Synergy Sports. They're 115 00:05:57,880 --> 00:06:01,960 Speaker 1: sort of the leader in the analytics front um of 116 00:06:02,040 --> 00:06:04,040 Speaker 1: the cameras and all and all that. And you know, 117 00:06:04,080 --> 00:06:07,919 Speaker 1: every every arena has cameras and almost all the teams, 118 00:06:07,960 --> 00:06:10,600 Speaker 1: if not all, use Synergy and that goes down to 119 00:06:10,680 --> 00:06:12,560 Speaker 1: the college level, the high school level. They're getting into 120 00:06:12,560 --> 00:06:15,760 Speaker 1: other sports as well, including baseball. Uh So, he was 121 00:06:15,800 --> 00:06:20,000 Speaker 1: the lead outside investor, and interestingly enough, that company is 122 00:06:20,040 --> 00:06:24,400 Speaker 1: now being sold uh with backing from the l A Dodgers. 123 00:06:24,960 --> 00:06:30,440 Speaker 1: So You're you're getting Todd Bowley, Mark Walter um and 124 00:06:30,440 --> 00:06:35,400 Speaker 1: and their investment arms a Lesion Ventures Um are now 125 00:06:35,560 --> 00:06:37,479 Speaker 1: an Atrium Sports by the way, also backed by the 126 00:06:37,520 --> 00:06:40,799 Speaker 1: Dodgers owners, So the Dodgers see a future in this 127 00:06:41,320 --> 00:06:47,200 Speaker 1: analytical approach, just taking it more broadly than just basketball. Yeah, 128 00:06:47,240 --> 00:06:50,080 Speaker 1: the synergy is, you know, they have cameras mounted in 129 00:06:50,160 --> 00:06:52,640 Speaker 1: the top of arenas. They're doing other sports as well, 130 00:06:52,640 --> 00:06:55,200 Speaker 1: but you're right, basketball is the main thing, um. And 131 00:06:55,240 --> 00:06:57,880 Speaker 1: then you know, using those cameras, they essentially create a 132 00:06:57,880 --> 00:07:00,679 Speaker 1: map of where every player is at all time. Helps 133 00:07:00,680 --> 00:07:04,520 Speaker 1: teams with you know, things like scouting right player tendency 134 00:07:04,560 --> 00:07:06,880 Speaker 1: has become very obvious if you have a very detailed 135 00:07:07,520 --> 00:07:09,680 Speaker 1: camera map of of everything they do when they're on 136 00:07:09,720 --> 00:07:12,320 Speaker 1: the court. Also helps you with setting your own line ups, 137 00:07:12,360 --> 00:07:15,480 Speaker 1: you know, making your own team more efficient, etcetera. A 138 00:07:15,520 --> 00:07:18,000 Speaker 1: good example of how this was used, I believe, you 139 00:07:18,040 --> 00:07:19,760 Speaker 1: know a number of years ago, Duke started using this 140 00:07:19,800 --> 00:07:22,960 Speaker 1: technology and when they played Butler in the final, when 141 00:07:22,960 --> 00:07:24,920 Speaker 1: Gordon Hayward had that game winning shot at the half 142 00:07:24,920 --> 00:07:28,400 Speaker 1: court here, Yeah, Duke knew that he liked to move 143 00:07:28,600 --> 00:07:31,120 Speaker 1: left before shooting, like eighty percent of the time, and 144 00:07:31,160 --> 00:07:33,320 Speaker 1: that the one message they had was if this coast 145 00:07:33,320 --> 00:07:35,600 Speaker 1: to Gordon Hayward's make him go right U and he 146 00:07:35,720 --> 00:07:37,400 Speaker 1: you know, they made him go right and he ended 147 00:07:37,440 --> 00:07:40,000 Speaker 1: up interestingly enough, though recently I don't remember where it 148 00:07:40,040 --> 00:07:41,679 Speaker 1: was or else I would give the credit. Mark Cuban 149 00:07:41,760 --> 00:07:46,000 Speaker 1: was asked what's the most overrated technology in sports, and 150 00:07:46,040 --> 00:07:49,240 Speaker 1: he said analytics, So it's not a surprise that he 151 00:07:49,360 --> 00:07:53,120 Speaker 1: sold this. But he then he said, right now, what's next. 152 00:07:53,600 --> 00:07:57,360 Speaker 1: The next frontier where everybody needs to be is artificial 153 00:07:57,400 --> 00:08:01,520 Speaker 1: intelligence and machine learning. So it's not surprising to me 154 00:08:01,560 --> 00:08:04,040 Speaker 1: that he would now unload Synergy Sports at a time 155 00:08:04,080 --> 00:08:07,600 Speaker 1: when he says analytics is the most overrape And of 156 00:08:07,640 --> 00:08:10,320 Speaker 1: course Mark human is way smarter than I am. But 157 00:08:10,840 --> 00:08:17,000 Speaker 1: they Clawbert Dallas Cowboys coach Jason Garrett when he said, wow, 158 00:08:17,280 --> 00:08:21,360 Speaker 1: we really don't use analytics, but everybody else in the 159 00:08:21,400 --> 00:08:24,360 Speaker 1: league does right well to not use it at this 160 00:08:24,400 --> 00:08:28,200 Speaker 1: stage tonight, anyone's a denier of analytics, you have to. 161 00:08:28,360 --> 00:08:30,840 Speaker 1: I mean, I'll even give it. At my age. I'll say, Okay, 162 00:08:30,840 --> 00:08:34,080 Speaker 1: Boomer right right, I'll throw that. I'll throw that out 163 00:08:34,080 --> 00:08:37,480 Speaker 1: there at this point. If you're denying analytics. Even the 164 00:08:37,520 --> 00:08:39,760 Speaker 1: analytics folks, this is what the part I can never 165 00:08:39,800 --> 00:08:43,160 Speaker 1: really grasp. Even the Daryl Morey's of the world have 166 00:08:43,400 --> 00:08:47,800 Speaker 1: never said, this is the soul tool you should you 167 00:08:47,800 --> 00:08:51,920 Speaker 1: should be utilizing when looking at your franchise, your players, 168 00:08:51,920 --> 00:08:55,960 Speaker 1: you're scouting. It's a piece of the puzzle. It doesn't 169 00:08:55,960 --> 00:09:00,760 Speaker 1: replace the longtime scout eyeballs on the prize. It doesn't 170 00:09:00,760 --> 00:09:04,040 Speaker 1: replace that stuff. It's a piece of the puzzle that 171 00:09:04,120 --> 00:09:08,079 Speaker 1: can help. Why wouldn't you utilize that? Finally, a story 172 00:09:08,080 --> 00:09:11,280 Speaker 1: out of China, and my, oh my, it is very 173 00:09:11,320 --> 00:09:17,120 Speaker 1: similar to what happened earlier this year. China's state broadcaster 174 00:09:17,240 --> 00:09:21,160 Speaker 1: CCTV scrapped plans to air an English Premier League match 175 00:09:21,360 --> 00:09:24,120 Speaker 1: Sunday after one of the players spoke out on Twitter 176 00:09:24,200 --> 00:09:27,160 Speaker 1: against the country's treatment of Muslims. Yeah, it feels kind 177 00:09:27,200 --> 00:09:29,920 Speaker 1: of like deja vu here, right, the someone speaks out, 178 00:09:29,920 --> 00:09:32,480 Speaker 1: in this case, Mezzan Ozel, who's a player for Arsenal 179 00:09:32,920 --> 00:09:35,760 Speaker 1: Uh he's a Turkish Muslim, speaks out against the Chinese 180 00:09:35,760 --> 00:09:40,000 Speaker 1: treatment of wagers, and suddenly the backlashes is quick. Right. CCTV, 181 00:09:40,400 --> 00:09:43,679 Speaker 1: which also canceled NBA games, said they weren't going to 182 00:09:43,760 --> 00:09:46,800 Speaker 1: air Arsenal's game this weekend. Same thing for the streaming 183 00:09:46,800 --> 00:09:49,520 Speaker 1: company's PPTV and Mego Sports also said they wouldn't air 184 00:09:49,559 --> 00:09:52,480 Speaker 1: the game. Chinese fans a lot of them very upset. 185 00:09:52,760 --> 00:09:56,280 Speaker 1: I saw videos of ozel jersey is being burned. Um. 186 00:09:56,320 --> 00:09:59,680 Speaker 1: And again, you know, the NBAS tremendously popular in China. 187 00:10:00,120 --> 00:10:02,680 Speaker 1: The English Premier League is the second most popular league 188 00:10:02,720 --> 00:10:04,960 Speaker 1: in China outside of the NBA. Right, so these are 189 00:10:05,000 --> 00:10:09,160 Speaker 1: two of the two probably most popular leagues, uh for 190 00:10:09,440 --> 00:10:11,800 Speaker 1: folks and China sports fans in China. And and the 191 00:10:12,160 --> 00:10:14,520 Speaker 1: you know, the Chinese government is is at odds now 192 00:10:14,559 --> 00:10:18,680 Speaker 1: with both of them. It's and you said, you wonder 193 00:10:18,760 --> 00:10:24,040 Speaker 1: how the team takes this because much of the valuation 194 00:10:24,080 --> 00:10:28,480 Speaker 1: of these companies comes from the future plans of China. Uh. 195 00:10:28,520 --> 00:10:31,400 Speaker 1: And that's true the U S sports leagues as well. Um, 196 00:10:31,800 --> 00:10:35,040 Speaker 1: do they know that this was coming? Does a players 197 00:10:35,080 --> 00:10:36,480 Speaker 1: say what? It doesn't matter. I can say what I 198 00:10:36,520 --> 00:10:41,079 Speaker 1: want to say, but clearly there is a material impact 199 00:10:41,160 --> 00:10:44,000 Speaker 1: on the bottom line of franchises based on what their 200 00:10:44,000 --> 00:10:47,040 Speaker 1: biggest stars can say in social media. And we saw 201 00:10:47,280 --> 00:10:51,440 Speaker 1: Arsenal's response was very much what Houston Rockets response was 202 00:10:51,480 --> 00:10:53,880 Speaker 1: it was making it very clear that this is one 203 00:10:53,880 --> 00:10:56,679 Speaker 1: man's personal opinion and that the team wants to remain 204 00:10:56,720 --> 00:10:59,160 Speaker 1: I think exactly what they said is we will remain 205 00:10:59,200 --> 00:11:01,680 Speaker 1: as always able iCal right. They don't want to wait 206 00:11:01,679 --> 00:11:03,360 Speaker 1: into they don't want to have to take sides, which 207 00:11:03,360 --> 00:11:08,000 Speaker 1: is yes, yeah, there you go. Um. And just another 208 00:11:08,040 --> 00:11:11,200 Speaker 1: thing just to put in perspective, messanozel is a is 209 00:11:11,200 --> 00:11:13,679 Speaker 1: a very famous good player football player. He's a very 210 00:11:13,679 --> 00:11:17,640 Speaker 1: good football player. His Instagram and Twitter followers huge, right, 211 00:11:17,880 --> 00:11:21,559 Speaker 1: A hundred times bigger following than Darryl Morey does. Right. 212 00:11:21,600 --> 00:11:25,400 Speaker 1: So this artist is a much much bigger reach from 213 00:11:25,400 --> 00:11:28,640 Speaker 1: a single tweet or a single Instagram post than anything 214 00:11:28,679 --> 00:11:31,319 Speaker 1: that you know, an NBA executive would be able to accomplish. 215 00:11:32,040 --> 00:11:35,040 Speaker 1: This is the Bloomberg Business of Sports podcast. I'm Michael 216 00:11:35,040 --> 00:11:38,520 Speaker 1: Barr along with Scottsnik and Evan Nobie Williams. I'm so 217 00:11:38,559 --> 00:11:41,240 Speaker 1: glad to see you all. Good to have you, sandwich Man. 218 00:11:41,360 --> 00:11:44,240 Speaker 1: We're here each and every Monday, Wednesday and Thursday exploring 219 00:11:44,280 --> 00:11:45,800 Speaker 1: the world of money at sports. Joined us again at 220 00:11:45,840 --> 00:11:47,000 Speaker 1: the end of the week when we speak with the 221 00:11:47,000 --> 00:11:49,920 Speaker 1: biggest and brightest in the sports business world. You're listening 222 00:11:49,960 --> 00:11:53,320 Speaker 1: to Bloomberg Business of Sports on Bloomberg Radio around the 223 00:11:53,440 --> 00:12:05,319 Speaker 1: world and online wherever you get your podcast