1 00:00:02,480 --> 00:00:07,080 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:12,840 --> 00:00:14,720 Speaker 2: All Right, Alex, we spent a lot of time in Miami, 3 00:00:14,840 --> 00:00:17,960 Speaker 2: but now you're in my hometown, the atl at a 4 00:00:18,000 --> 00:00:20,320 Speaker 2: place that's really special to me, Georgia Tech. 5 00:00:20,400 --> 00:00:21,360 Speaker 3: My dad went here. 6 00:00:21,760 --> 00:00:25,280 Speaker 2: This was the first team that I was a fan of. 7 00:00:26,000 --> 00:00:29,200 Speaker 4: This is such a special place, and being here on campus, 8 00:00:29,400 --> 00:00:31,640 Speaker 4: I'm in awe. I mean, just the size of it, 9 00:00:31,720 --> 00:00:33,559 Speaker 4: the fact that it sits right in the middle of 10 00:00:33,640 --> 00:00:38,320 Speaker 4: this great corporate market in Atlanta, great academic institution, great athletic. 11 00:00:38,080 --> 00:00:40,159 Speaker 2: Jabatt is leaning into all of that because he's going 12 00:00:40,240 --> 00:00:43,240 Speaker 2: to be a primary architect of what college sports looks 13 00:00:43,320 --> 00:00:44,640 Speaker 2: like going forward. 14 00:00:44,720 --> 00:00:45,520 Speaker 5: He's got the goods. 15 00:00:45,560 --> 00:00:47,760 Speaker 4: I mean, he played soccer at the University of North Carolina, 16 00:00:48,360 --> 00:00:51,120 Speaker 4: he worked with Nick Saban at the University of Alabama, 17 00:00:51,400 --> 00:00:53,320 Speaker 4: and he is a prolific fundraiser. 18 00:00:53,560 --> 00:00:54,040 Speaker 5: Can't wait. 19 00:01:06,360 --> 00:01:09,040 Speaker 2: Welcome everyone, Welcome Jay Batt, thank you. 20 00:01:09,520 --> 00:01:11,160 Speaker 3: Welcome to Atlanta, ay Ron. 21 00:01:11,520 --> 00:01:13,120 Speaker 4: I know your hometown, baby. 22 00:01:13,000 --> 00:01:13,759 Speaker 3: My hometown. 23 00:01:13,880 --> 00:01:17,480 Speaker 2: I love it and you know, probably a more welcoming 24 00:01:17,520 --> 00:01:19,600 Speaker 2: audience than you would get at maybe Truest Park. 25 00:01:19,880 --> 00:01:21,480 Speaker 5: Maybe not as bad as fan Way. 26 00:01:21,640 --> 00:01:24,199 Speaker 3: Yeah that's true. Okay, it's all relative it's all relative. 27 00:01:24,200 --> 00:01:27,440 Speaker 2: I like the Braves, So welcome everyone to this live 28 00:01:27,480 --> 00:01:30,399 Speaker 2: recording of the Deal. We are very, very excited to 29 00:01:30,480 --> 00:01:33,680 Speaker 2: be here. And it's an interesting process when we think 30 00:01:33,680 --> 00:01:37,199 Speaker 2: about this show because we're trying to dive into this 31 00:01:37,400 --> 00:01:39,920 Speaker 2: intersection of business, sports, and culture. In fact, I was 32 00:01:39,920 --> 00:01:42,920 Speaker 2: told earlier that I too often refer to it as 33 00:01:42,959 --> 00:01:46,800 Speaker 2: the white hot center of sports, business and culture. But 34 00:01:47,160 --> 00:01:49,240 Speaker 2: it was interesting to think about, all right, who do 35 00:01:49,280 --> 00:01:51,240 Speaker 2: we want to talk to in Atlanta? Who do we 36 00:01:51,240 --> 00:01:55,160 Speaker 2: don't want to talk to about college sports? And no 37 00:01:55,200 --> 00:01:58,360 Speaker 2: one is at that aforementioned white hot center more than you, 38 00:01:58,560 --> 00:02:01,880 Speaker 2: God bless you. There's a lot going on. We're going 39 00:02:01,960 --> 00:02:04,600 Speaker 2: to get into all of that. Also, something that happens 40 00:02:04,600 --> 00:02:06,880 Speaker 2: a lot in our show is I go through the 41 00:02:06,920 --> 00:02:10,520 Speaker 2: normal process, you know, we work through representatives and it's like, 42 00:02:10,600 --> 00:02:12,680 Speaker 2: all right, who do I know who knows Jay Batt? 43 00:02:12,680 --> 00:02:14,560 Speaker 3: All right, let's get to him, Let's let's get the ask. 44 00:02:14,880 --> 00:02:17,920 Speaker 3: And then this guy it's like, oh, yeah, I have. 45 00:02:17,840 --> 00:02:20,160 Speaker 2: A teammate from the two thousand and nine World Series 46 00:02:20,200 --> 00:02:21,839 Speaker 2: team who went to Georgia Tech. 47 00:02:21,919 --> 00:02:22,959 Speaker 3: I'm just gonna text him. 48 00:02:23,120 --> 00:02:25,639 Speaker 2: And so you did, Mark to Shera and that's how 49 00:02:25,680 --> 00:02:26,800 Speaker 2: you guys get connected. 50 00:02:26,840 --> 00:02:27,960 Speaker 3: So tell me about that. 51 00:02:28,120 --> 00:02:30,399 Speaker 4: Yeah, well, Mark tix Shera who went to Georgia Tech 52 00:02:30,440 --> 00:02:32,600 Speaker 4: recently got his degree, which I'm so proud of him. 53 00:02:32,800 --> 00:02:35,200 Speaker 4: One of my favorite teammates of all time. And he 54 00:02:35,280 --> 00:02:38,200 Speaker 4: introduced us and we had a nice conversation. But you know, 55 00:02:38,240 --> 00:02:40,040 Speaker 4: when you think about Mark tx Shara, when you think 56 00:02:40,040 --> 00:02:43,720 Speaker 4: about value proposition about Georgia Tech, my question Jay, is 57 00:02:43,720 --> 00:02:47,160 Speaker 4: is he the prototypical athlete that you have now competitive 58 00:02:47,200 --> 00:02:48,480 Speaker 4: advantage in this landscape? 59 00:02:48,720 --> 00:02:48,960 Speaker 5: Yeah? 60 00:02:49,000 --> 00:02:52,760 Speaker 1: Absolutely, I think you know, part of what makes Georgia 61 00:02:52,800 --> 00:02:55,640 Speaker 1: Tech so special is it's this unique opportunity to go 62 00:02:55,800 --> 00:02:58,000 Speaker 1: pro and whatever sport you want to be in. But 63 00:02:58,120 --> 00:03:01,200 Speaker 1: also after that, the value of Georgia Tech degree, the 64 00:03:01,240 --> 00:03:04,880 Speaker 1: connection to alumni, the ability to be here in Atlanta 65 00:03:05,000 --> 00:03:07,400 Speaker 1: is huge and you mentioned Mark. Mark to share is 66 00:03:07,440 --> 00:03:10,840 Speaker 1: the perfect example of that. Right as we're going through 67 00:03:10,880 --> 00:03:14,640 Speaker 1: this changing landscape, somebody with a pro background like Mark 68 00:03:15,080 --> 00:03:17,800 Speaker 1: is an incredible advocate for us on campus as we're 69 00:03:17,840 --> 00:03:21,280 Speaker 1: dealing with our administration other things that we're working through. 70 00:03:21,600 --> 00:03:24,320 Speaker 1: Mark's been a tremendous friend and ally for us. 71 00:03:24,520 --> 00:03:26,959 Speaker 2: All right, So one of our favorite topics to talk 72 00:03:26,960 --> 00:03:30,400 Speaker 2: about and I will take this moment up top to 73 00:03:30,520 --> 00:03:32,800 Speaker 2: shout out my parents or in the in the audience 74 00:03:32,880 --> 00:03:34,200 Speaker 2: that is Nevia Kelly. 75 00:03:35,320 --> 00:03:36,640 Speaker 5: Who also went to Georgia Tech. 76 00:03:36,680 --> 00:03:38,880 Speaker 3: That's right, my dad went to Georgia Tech. 77 00:03:38,960 --> 00:03:41,960 Speaker 2: So I like took Alex all around Tech campus today 78 00:03:42,000 --> 00:03:42,640 Speaker 2: like Dragon around. 79 00:03:42,680 --> 00:03:45,839 Speaker 3: We went on the field at Bobby Dodd lifelong dream accomplished. 80 00:03:47,120 --> 00:03:49,680 Speaker 2: But my dad and I talk all the time about 81 00:03:50,040 --> 00:03:52,600 Speaker 2: the state of college sports. I mean, like every phone 82 00:03:52,640 --> 00:03:54,640 Speaker 2: conversation we have, there's some new development. 83 00:03:55,040 --> 00:03:57,560 Speaker 3: You're hyper aware of those. How do you. 84 00:03:57,600 --> 00:04:02,040 Speaker 2: Even begin to understand and where to go next? Like 85 00:04:02,080 --> 00:04:03,560 Speaker 2: what's the thought process for you? 86 00:04:04,000 --> 00:04:06,280 Speaker 5: Yeah, so that's a fairly loaded question. 87 00:04:06,560 --> 00:04:08,920 Speaker 1: I would say that you've got to start with what's 88 00:04:08,960 --> 00:04:11,720 Speaker 1: still the same, right, and then I'll talk about what's changing. 89 00:04:11,720 --> 00:04:13,760 Speaker 1: But what's still the same is we still have great kids, 90 00:04:14,120 --> 00:04:17,200 Speaker 1: we have great coaches. We're still attached to really, really 91 00:04:17,520 --> 00:04:21,560 Speaker 1: incredible academic institutions. And I can speak firsthand at Georgia Tech. 92 00:04:21,600 --> 00:04:23,760 Speaker 1: Our kids still go to class and get degrees, and 93 00:04:23,800 --> 00:04:25,880 Speaker 1: they're doing the same degrees that you got, and they 94 00:04:25,920 --> 00:04:30,640 Speaker 1: still we say graduate now not got out. The student 95 00:04:30,680 --> 00:04:33,919 Speaker 1: athletes that we deal with, they're still student athletes. What's 96 00:04:34,040 --> 00:04:38,680 Speaker 1: changing is this sort of overlay of the changing business 97 00:04:38,960 --> 00:04:41,400 Speaker 1: of college athletics. And I think it's important that we 98 00:04:41,440 --> 00:04:45,200 Speaker 1: talk about whether it's arranging our staff right where we 99 00:04:45,200 --> 00:04:47,080 Speaker 1: were one of the first folks to go out and 100 00:04:47,160 --> 00:04:50,479 Speaker 1: hire what amounts to a general manager. We've got the 101 00:04:50,520 --> 00:04:54,479 Speaker 1: proliferation of agents, right, our student athletes, many of them 102 00:04:54,520 --> 00:04:57,000 Speaker 1: have agents. Well, there needs to be a person to 103 00:04:57,040 --> 00:04:59,480 Speaker 1: deal with that. Right, we're going to have these rev 104 00:04:59,480 --> 00:05:02,159 Speaker 1: share paym to be paid the student athletes. You've got 105 00:05:02,160 --> 00:05:05,240 Speaker 1: to have a business operation right on your internal side 106 00:05:05,240 --> 00:05:07,040 Speaker 1: to handle that. And Cherz heck, you've got to have 107 00:05:07,080 --> 00:05:08,760 Speaker 1: a whole bunch of legal help to manage that. So 108 00:05:09,279 --> 00:05:12,440 Speaker 1: organizing your athletic department for that, and then I think 109 00:05:12,520 --> 00:05:14,840 Speaker 1: just the talent you have to surround yourself with. Right, 110 00:05:14,880 --> 00:05:17,240 Speaker 1: it's not the same as it was ten or fifteen 111 00:05:17,279 --> 00:05:20,040 Speaker 1: years ago. Whether it's the athletic director chair needing more 112 00:05:20,040 --> 00:05:23,159 Speaker 1: business acumen and more ability to manage a larger budget. 113 00:05:23,600 --> 00:05:27,320 Speaker 1: All that's really important still anchored in the fact that 114 00:05:27,440 --> 00:05:30,919 Speaker 1: college athletics is essential to the fabric of higher education. 115 00:05:31,080 --> 00:05:34,800 Speaker 1: It's essential to what it means, not for student athletes only, 116 00:05:35,279 --> 00:05:37,760 Speaker 1: but for every student. I think you know that there's 117 00:05:37,839 --> 00:05:42,719 Speaker 1: such value to the overall student experience to what college 118 00:05:42,720 --> 00:05:43,560 Speaker 1: athletics springs. 119 00:05:44,080 --> 00:05:46,440 Speaker 4: So Rick Patino recently said, I don't know if some 120 00:05:46,480 --> 00:05:49,839 Speaker 4: of you folks saw. I was shocked. He said, we're 121 00:05:49,880 --> 00:05:52,560 Speaker 4: not going to look at one high school student or 122 00:05:52,600 --> 00:05:56,200 Speaker 4: recruit this year. Now they get the money, right, but 123 00:05:56,320 --> 00:05:57,760 Speaker 4: they're not going to have with you had in North 124 00:05:57,800 --> 00:06:01,440 Speaker 4: Carolina where you had a Georgetown, the mae, the growth. 125 00:06:02,120 --> 00:06:03,919 Speaker 4: I mean, you guys, remember when you were in college 126 00:06:03,920 --> 00:06:06,400 Speaker 4: it was four years Today, you show up there as 127 00:06:06,440 --> 00:06:08,920 Speaker 4: a free agent when you're twenty three, twenty four, How 128 00:06:08,920 --> 00:06:10,920 Speaker 4: do you ad defend against that? And how do you 129 00:06:10,920 --> 00:06:14,120 Speaker 4: play office being an institution with an academic background like 130 00:06:14,120 --> 00:06:14,680 Speaker 4: Georgia Tech. 131 00:06:15,040 --> 00:06:17,320 Speaker 1: Yeah, so I would say, you know, as we move 132 00:06:17,360 --> 00:06:20,440 Speaker 1: into the next era of intercoclegian athletics, this revenue share 133 00:06:20,440 --> 00:06:21,960 Speaker 1: of post house settlement. 134 00:06:21,600 --> 00:06:23,600 Speaker 2: This is that just a reminder, right, I mean, this 135 00:06:23,680 --> 00:06:25,760 Speaker 2: is the House settlement that is that is going to 136 00:06:25,800 --> 00:06:29,560 Speaker 2: dictate that colleges have to share revenue with their athletes? 137 00:06:29,640 --> 00:06:29,760 Speaker 5: Right? 138 00:06:30,000 --> 00:06:31,600 Speaker 3: Is that the simplest way, how would you put it 139 00:06:31,680 --> 00:06:32,119 Speaker 3: most simply? 140 00:06:32,200 --> 00:06:33,760 Speaker 5: I think it's the simplest way to explain it. 141 00:06:33,839 --> 00:06:36,360 Speaker 1: There's two tranches, right, There's a two point eight billion 142 00:06:36,400 --> 00:06:39,080 Speaker 1: dollar settlement for back damages for student athletes, and then 143 00:06:39,080 --> 00:06:41,640 Speaker 1: there's the forward facing, which is, you know, the ability 144 00:06:41,680 --> 00:06:44,560 Speaker 1: to create some structure and stability for revenue sharing. 145 00:06:44,279 --> 00:06:45,040 Speaker 5: And moving forward. 146 00:06:45,120 --> 00:06:48,159 Speaker 1: Yeah, but as those two things kind of move forward, 147 00:06:48,560 --> 00:06:50,880 Speaker 1: I think there's going to be less and less separation 148 00:06:51,400 --> 00:06:55,279 Speaker 1: across the overall landscape as far as you know what 149 00:06:55,520 --> 00:06:58,599 Speaker 1: one student athlete a certain profile might be from given 150 00:06:58,640 --> 00:07:01,880 Speaker 1: institution to the other. As there's a new revenue sharing number, 151 00:07:01,880 --> 00:07:05,520 Speaker 1: that's you know, kind of ubiquitous across all of the institutions. 152 00:07:06,400 --> 00:07:09,480 Speaker 1: And I think a high academic institution like Georgia Tech 153 00:07:09,840 --> 00:07:13,280 Speaker 1: in a thriving major metro like Atlanta, where real third 154 00:07:13,320 --> 00:07:16,680 Speaker 1: party in IL deals will be highly valued and available 155 00:07:17,320 --> 00:07:20,200 Speaker 1: with an alumni network that will make a difference when 156 00:07:20,240 --> 00:07:23,360 Speaker 1: you finish, that's going to go back to being important. Right. 157 00:07:23,400 --> 00:07:26,960 Speaker 1: We spend all kinds of time recruiting great coaches, right 158 00:07:27,120 --> 00:07:30,040 Speaker 1: surrounding our student athletes with great call them life skills 159 00:07:30,040 --> 00:07:32,800 Speaker 1: for a long time total person program, but those sort 160 00:07:32,840 --> 00:07:37,200 Speaker 1: of support mechanisms and then great coaches and good facilities 161 00:07:37,240 --> 00:07:39,600 Speaker 1: that makes a difference. You know if there was a 162 00:07:39,640 --> 00:07:41,560 Speaker 1: time there where maybe that didn't factor as much. You 163 00:07:41,600 --> 00:07:46,400 Speaker 1: saw institutions pause facility projects, right, You saw folks say, hey, 164 00:07:46,400 --> 00:07:48,320 Speaker 1: we're not going to go and hire some new coach, 165 00:07:48,600 --> 00:07:52,080 Speaker 1: We're going to make an investment in NIL. As we 166 00:07:52,120 --> 00:07:54,160 Speaker 1: move into the next era, some of that spread's going 167 00:07:54,240 --> 00:07:56,480 Speaker 1: to kind of tighten up. And I think what you 168 00:07:56,520 --> 00:07:58,400 Speaker 1: will see is we're going to go back to place 169 00:07:58,440 --> 00:08:01,040 Speaker 1: that an opportunity to come to George too graduate. 170 00:08:00,680 --> 00:08:01,440 Speaker 5: With that degree. 171 00:08:01,880 --> 00:08:03,880 Speaker 1: That's going to matter more than maybe it has in 172 00:08:03,920 --> 00:08:05,200 Speaker 1: the past three four five years. 173 00:08:05,280 --> 00:08:06,760 Speaker 4: So it sounds a little bit like you're going to 174 00:08:06,840 --> 00:08:10,120 Speaker 4: have your ncaa collective bargaining agreement that we have in 175 00:08:10,160 --> 00:08:12,520 Speaker 4: the pros to just bring some structure around it. 176 00:08:13,320 --> 00:08:15,400 Speaker 1: It will be that the house settlement will be the 177 00:08:15,440 --> 00:08:20,800 Speaker 1: opportunity to create a stable way in which we can 178 00:08:21,160 --> 00:08:23,400 Speaker 1: provide even more to the student athletes. Frankly, I think 179 00:08:23,440 --> 00:08:25,600 Speaker 1: it's really important that we say that this house settlement, 180 00:08:25,960 --> 00:08:29,520 Speaker 1: but it also creates stability, It creates fairness, it creates 181 00:08:29,560 --> 00:08:32,719 Speaker 1: the ability to manage for long term stability for the 182 00:08:32,760 --> 00:08:33,880 Speaker 1: student athletes. 183 00:08:46,280 --> 00:08:50,400 Speaker 2: As we look forward, one of your additional responsibilities, as 184 00:08:50,400 --> 00:08:52,480 Speaker 2: it were, is you're going to be one of ten 185 00:08:52,559 --> 00:08:56,160 Speaker 2: athletic directors I believe across the entire country who post 186 00:08:56,160 --> 00:08:59,840 Speaker 2: house settlement is really going to be charged with architecting 187 00:09:00,040 --> 00:09:04,679 Speaker 2: this new landscape. How do you ensure that the Georgia 188 00:09:04,880 --> 00:09:10,000 Speaker 2: Tech model is successful? But that also other colleges who 189 00:09:10,000 --> 00:09:12,440 Speaker 2: may not have this academic profile or who don't have 190 00:09:12,520 --> 00:09:15,560 Speaker 2: the benefit of being in a city like Atlanta, Like, 191 00:09:15,960 --> 00:09:17,280 Speaker 2: how did they win as well? 192 00:09:17,600 --> 00:09:17,800 Speaker 5: You know? 193 00:09:17,880 --> 00:09:20,320 Speaker 1: I think that's what makes college athletics great is that 194 00:09:20,400 --> 00:09:24,000 Speaker 1: it's institutions all across the country with a bunch of 195 00:09:24,040 --> 00:09:26,440 Speaker 1: different profiles. We have a bunch of really smart people 196 00:09:26,480 --> 00:09:28,760 Speaker 1: in that room. We have a bunch of really committed 197 00:09:28,800 --> 00:09:31,400 Speaker 1: people in that room who've been working really, really hard. 198 00:09:31,760 --> 00:09:34,520 Speaker 1: Not today, not tomorrow, We've been working for months to 199 00:09:34,760 --> 00:09:37,360 Speaker 1: lay out the groundwork. And I think the desired outcome 200 00:09:37,679 --> 00:09:41,920 Speaker 1: of that is, let's have something that's stable, Let's have 201 00:09:41,960 --> 00:09:45,680 Speaker 1: something that's clear, Let's have something that we can operate 202 00:09:45,720 --> 00:09:50,120 Speaker 1: within going forward. That will provide us that clarity instability 203 00:09:50,280 --> 00:09:52,640 Speaker 1: for student athletes to gain more. At the end of 204 00:09:52,679 --> 00:09:55,200 Speaker 1: the day, there's never been a better time to be. 205 00:09:55,200 --> 00:09:56,160 Speaker 5: A student athlete. 206 00:09:56,320 --> 00:09:59,320 Speaker 1: I can say that from firsthand experience. Right, there's never 207 00:09:59,360 --> 00:10:01,240 Speaker 1: been a better time. At the end of the day, 208 00:10:01,240 --> 00:10:03,960 Speaker 1: they'll be you know, we'll have this repshare pool. We'll 209 00:10:04,000 --> 00:10:06,760 Speaker 1: have the ability for student athletes in an organized system 210 00:10:06,880 --> 00:10:08,840 Speaker 1: to earn third party nil deals. 211 00:10:09,160 --> 00:10:10,720 Speaker 5: There'll be more scholarships, right. 212 00:10:10,720 --> 00:10:13,880 Speaker 1: You see headlines all the time of athletic departments adding 213 00:10:14,640 --> 00:10:16,679 Speaker 1: huge amounts of scholarships and opportunities. 214 00:10:16,760 --> 00:10:16,920 Speaker 5: Right. 215 00:10:17,240 --> 00:10:19,680 Speaker 1: And we'll continue to offer all the benefits that we 216 00:10:19,720 --> 00:10:23,199 Speaker 1: always have, right, whether it's the medical coverage, whether it's 217 00:10:23,240 --> 00:10:25,640 Speaker 1: the academic support, all those parts and pieces that go 218 00:10:25,720 --> 00:10:27,960 Speaker 1: with it. They're just gonna be on top of all 219 00:10:28,000 --> 00:10:29,280 Speaker 1: those things that we've already been doing. 220 00:10:29,320 --> 00:10:30,600 Speaker 5: And so I think. 221 00:10:30,440 --> 00:10:34,320 Speaker 1: That's probably the biggest takeaway, right, is we're building that system. 222 00:10:34,600 --> 00:10:37,000 Speaker 1: And listen, like, it's a bunch to figure out and 223 00:10:37,040 --> 00:10:39,120 Speaker 1: a bunch to sort through, but I think we're building 224 00:10:39,200 --> 00:10:41,160 Speaker 1: something that is sustainable. 225 00:10:41,200 --> 00:10:43,320 Speaker 2: All Right, We're gonna do some role playing, okay, because 226 00:10:43,320 --> 00:10:46,400 Speaker 2: I took Alex over to Tech and he walked around. 227 00:10:46,480 --> 00:10:48,760 Speaker 3: This guy's eyes were his biggest saucers. 228 00:10:49,040 --> 00:10:51,000 Speaker 2: We go into the baseball field, of course, you know, 229 00:10:51,040 --> 00:10:53,680 Speaker 2: we're taking photos, we're talking to the coach, we're doing 230 00:10:53,679 --> 00:10:57,400 Speaker 2: all that I'm telling you right now, if you approach 231 00:10:57,440 --> 00:10:59,000 Speaker 2: this guy and like, hey, you want to come play 232 00:10:59,040 --> 00:11:02,280 Speaker 2: baseball at Georgia Techi, got some eligibility, I. 233 00:11:02,200 --> 00:11:04,360 Speaker 5: Would have to pay him. Yeah, let's go. 234 00:11:04,520 --> 00:11:05,400 Speaker 3: So let's do it. 235 00:11:05,440 --> 00:11:07,000 Speaker 2: Like, what are you going to say to him to 236 00:11:07,200 --> 00:11:09,320 Speaker 2: get him to come to Tech over Miami? 237 00:11:09,640 --> 00:11:11,400 Speaker 1: You know, I think it goes back to what exactly 238 00:11:11,440 --> 00:11:14,160 Speaker 1: what we talked about of Listen, I think no one 239 00:11:14,160 --> 00:11:17,200 Speaker 1: needs to be naive enough to think that in the 240 00:11:17,240 --> 00:11:19,200 Speaker 1: future revenue sharing is going to play part of that. Right, 241 00:11:19,240 --> 00:11:21,199 Speaker 1: So that's certainly part of the discussion. But the most 242 00:11:21,240 --> 00:11:23,920 Speaker 1: important part about that is going to be about fit. 243 00:11:24,360 --> 00:11:26,400 Speaker 1: It's going to be about future. It's going to be 244 00:11:26,440 --> 00:11:29,000 Speaker 1: about what we're going to do to help you achieve 245 00:11:29,040 --> 00:11:30,960 Speaker 1: your dreams and grow. And then I think the end, 246 00:11:30,960 --> 00:11:32,760 Speaker 1: you know, we talk a lot about it Georgia Tech. 247 00:11:32,960 --> 00:11:35,040 Speaker 1: This isn't a four year proposition. Certainly in the transfer 248 00:11:35,120 --> 00:11:37,640 Speaker 1: portal era maybe it's not. But you are going to 249 00:11:37,720 --> 00:11:40,120 Speaker 1: finish and get that degree, and that's a forty year win. 250 00:11:40,440 --> 00:11:42,840 Speaker 1: At the end of the day, that above and beyond 251 00:11:42,920 --> 00:11:44,840 Speaker 1: part that's going to be the differentiator. 252 00:11:45,120 --> 00:11:47,920 Speaker 2: And so I'm looking at March Madness right now, and 253 00:11:47,920 --> 00:11:51,040 Speaker 2: then we're sort of convening around this idea. And the 254 00:11:51,040 --> 00:11:56,079 Speaker 2: transfer portal has radically changed the talent flow among teams. 255 00:11:56,240 --> 00:11:57,920 Speaker 2: And you know, we talk a lot in the show 256 00:11:57,960 --> 00:12:00,880 Speaker 2: about talent. How do you keep those students? And is 257 00:12:00,920 --> 00:12:03,520 Speaker 2: that as much of a challenge as it seems like 258 00:12:03,559 --> 00:12:05,120 Speaker 2: from the outside, it's. 259 00:12:04,960 --> 00:12:05,760 Speaker 5: A fair question. 260 00:12:06,000 --> 00:12:08,959 Speaker 1: I think retention of your roster is an all the 261 00:12:09,080 --> 00:12:13,120 Speaker 1: time thing. And you know, whether it's the transfer portals 262 00:12:13,160 --> 00:12:17,080 Speaker 1: open or not, you've got to be proactive. You've got 263 00:12:17,080 --> 00:12:19,839 Speaker 1: to find different ways to add value, and you've got 264 00:12:19,880 --> 00:12:21,679 Speaker 1: to be in the game. And I think that's something 265 00:12:22,000 --> 00:12:24,440 Speaker 1: on the Georgia tech front we have been really active in. 266 00:12:24,520 --> 00:12:24,679 Speaker 5: Right. 267 00:12:24,760 --> 00:12:27,160 Speaker 1: I think anytime you look at any sort of business, 268 00:12:27,200 --> 00:12:29,760 Speaker 1: zoom out from college athletics right, you go through a 269 00:12:29,800 --> 00:12:33,000 Speaker 1: period of massive change. Two things are important. You're well 270 00:12:33,040 --> 00:12:36,840 Speaker 1: capitalized and you've got really smart people You've invested in 271 00:12:36,840 --> 00:12:40,760 Speaker 1: that talent to negotiate for whatever that marginal increases you 272 00:12:40,800 --> 00:12:43,520 Speaker 1: can bring. And so we brought an individual from the 273 00:12:43,600 --> 00:12:46,280 Speaker 1: Chicago Bears on board back in December to help us 274 00:12:46,320 --> 00:12:49,800 Speaker 1: manage through the football portal and oversee our revenue sharing enterprise. 275 00:12:50,320 --> 00:12:52,960 Speaker 1: We're in the process of bringing on an individual to 276 00:12:52,960 --> 00:12:55,400 Speaker 1: help on the basketball fronts one for men and for women, 277 00:12:55,480 --> 00:12:57,920 Speaker 1: by the way, because I think they're both really important, 278 00:12:58,040 --> 00:13:01,040 Speaker 1: and particularly the women's game cantinues to grow at leaps 279 00:13:01,040 --> 00:13:06,040 Speaker 1: and bounds. You've got to find really intentional ways to 280 00:13:06,120 --> 00:13:06,920 Speaker 1: retain that talent. 281 00:13:07,360 --> 00:13:08,640 Speaker 4: One of the things you have to do is recruit 282 00:13:08,679 --> 00:13:10,800 Speaker 4: and raise capital. For sure, what are some of the 283 00:13:10,840 --> 00:13:13,959 Speaker 4: things that you've done and continue to do that you 284 00:13:14,000 --> 00:13:16,120 Speaker 4: can share with our group and our listeners that they 285 00:13:16,120 --> 00:13:18,640 Speaker 4: can take home, Because everyone at some point has to 286 00:13:18,720 --> 00:13:21,760 Speaker 4: raise capital or recruit great talent, and you've done both. 287 00:13:22,320 --> 00:13:23,520 Speaker 5: Well, that's kind of you to say. 288 00:13:23,640 --> 00:13:27,559 Speaker 1: I think the most important thing is the and everybody 289 00:13:27,600 --> 00:13:29,640 Speaker 1: has their own different way about it, right, but I 290 00:13:29,679 --> 00:13:34,240 Speaker 1: think the most important thing is to value and constantly 291 00:13:34,320 --> 00:13:38,679 Speaker 1: work on genuine relationships. I think it's often forgotten that 292 00:13:38,800 --> 00:13:41,400 Speaker 1: my value prop or my business plan is so good 293 00:13:41,440 --> 00:13:43,680 Speaker 1: that of course someone's going to buy this or invest 294 00:13:43,760 --> 00:13:46,600 Speaker 1: in this, or give us money because my goodness, we're 295 00:13:46,600 --> 00:13:48,679 Speaker 1: winning games or we want to win games, or whatever 296 00:13:48,679 --> 00:13:52,520 Speaker 1: it might be. People give to people, People invest in people, 297 00:13:52,720 --> 00:13:56,160 Speaker 1: and so being available being part of that investing in 298 00:13:56,200 --> 00:13:59,360 Speaker 1: those relationships so that when the time comes for that ask. 299 00:13:59,480 --> 00:14:01,320 Speaker 1: It's not the thing you've heard of him, right, Like, 300 00:14:01,360 --> 00:14:03,800 Speaker 1: it's it's important to be there so that that genuine 301 00:14:03,840 --> 00:14:05,319 Speaker 1: relationship I've found to be huge. 302 00:14:05,840 --> 00:14:08,400 Speaker 3: So talk a little bit on that point of fundraising. 303 00:14:08,520 --> 00:14:12,079 Speaker 2: Jay, Any good college president is going to tell you 304 00:14:12,800 --> 00:14:17,600 Speaker 2: that one of the best and easiest ways to find 305 00:14:17,880 --> 00:14:20,880 Speaker 2: a donor's heart is through sports. Yeah, and yet that 306 00:14:21,400 --> 00:14:25,560 Speaker 2: doesn't see it's not universally shared. It sounds like, and 307 00:14:26,080 --> 00:14:27,960 Speaker 2: I was talking to Coach Key about this this morning, 308 00:14:28,320 --> 00:14:31,200 Speaker 2: he and you and the president of Georgia Tech are 309 00:14:31,360 --> 00:14:35,000 Speaker 2: totally aligned. How do you make sure that it stays 310 00:14:35,040 --> 00:14:36,640 Speaker 2: that way? And what happens if it doesn't. 311 00:14:37,280 --> 00:14:40,800 Speaker 1: Alignment institutionally is the most important thing that you can 312 00:14:40,840 --> 00:14:44,360 Speaker 1: have in an athletic department. So the kind of vision 313 00:14:44,840 --> 00:14:47,800 Speaker 1: and the emphasis from your institution's president is the most 314 00:14:47,840 --> 00:14:51,120 Speaker 1: important thing. President hel Cabrera here at Georgia Tech, he's 315 00:14:51,280 --> 00:14:54,200 Speaker 1: one of the most pragmatic, visionary leaders you could you 316 00:14:54,200 --> 00:14:57,280 Speaker 1: could ever want as an athletic director. But that athletic director, 317 00:14:57,680 --> 00:15:00,880 Speaker 1: you know, working with the president, you're governing board down 318 00:15:00,960 --> 00:15:04,240 Speaker 1: to your coaches. That alignment's huge and it's not just 319 00:15:04,280 --> 00:15:07,480 Speaker 1: your president, right it's the overall academic kind of the 320 00:15:07,640 --> 00:15:11,160 Speaker 1: entire community. Part of it is it has to be 321 00:15:11,280 --> 00:15:14,640 Speaker 1: valuable to every student, not just to your student athletes. 322 00:15:14,720 --> 00:15:14,840 Speaker 5: Right. 323 00:15:14,840 --> 00:15:17,360 Speaker 1: The role of college athletics has to be a part 324 00:15:17,400 --> 00:15:20,240 Speaker 1: of the overall institution. And you know, I've talked a 325 00:15:20,280 --> 00:15:24,640 Speaker 1: lot about that. Relationships are built on shared experiences, right, 326 00:15:25,040 --> 00:15:27,520 Speaker 1: And so part of the role I think college athletics 327 00:15:28,080 --> 00:15:32,640 Speaker 1: plays an institutional life cycle is think about all those 328 00:15:32,680 --> 00:15:35,720 Speaker 1: memories you had from college, Right, I remember when I 329 00:15:35,760 --> 00:15:39,080 Speaker 1: can't tell you how many fundraising conversations start with I 330 00:15:39,160 --> 00:15:42,320 Speaker 1: remember the miracle on Techwood when Georgia Tech beat Florida 331 00:15:42,360 --> 00:15:44,200 Speaker 1: State and we blocked the punt, and we you know 332 00:15:44,800 --> 00:15:49,760 Speaker 1: that shared experience ties together alums to the institution, right, 333 00:15:49,800 --> 00:15:53,560 Speaker 1: And a lot of times that engagement doesn't just necessarily 334 00:15:53,760 --> 00:15:54,800 Speaker 1: end on the athletics front. 335 00:15:54,840 --> 00:15:54,960 Speaker 5: Right. 336 00:15:55,000 --> 00:15:57,440 Speaker 1: We think I've raised I can, I don't know how 337 00:15:57,520 --> 00:16:00,280 Speaker 1: much over my career, but a lot of them those 338 00:16:00,320 --> 00:16:04,000 Speaker 1: gifts are often starting points to what that scholarship that 339 00:16:04,040 --> 00:16:06,360 Speaker 1: you give in the school of Business where you graduated from, 340 00:16:06,640 --> 00:16:11,120 Speaker 1: becomes and to your point about creating value. That's the 341 00:16:11,160 --> 00:16:14,040 Speaker 1: way you create values. Those donor relationships that go beyond. 342 00:16:14,080 --> 00:16:16,560 Speaker 1: And then the other part is the most important market 343 00:16:16,560 --> 00:16:19,400 Speaker 1: Georgia text being done in our labs, in our classrooms, 344 00:16:19,720 --> 00:16:23,440 Speaker 1: our researchers gt R. I that's the most important work, right. 345 00:16:23,840 --> 00:16:25,320 Speaker 1: But at the end of the day, the way that 346 00:16:25,360 --> 00:16:28,600 Speaker 1: we were able to share that publicly is through the 347 00:16:28,640 --> 00:16:31,680 Speaker 1: athletic story that we tell. Whether it's the simple spot 348 00:16:31,720 --> 00:16:34,680 Speaker 1: that's in the game. You know, we won awesome aer 349 00:16:34,760 --> 00:16:37,600 Speaker 1: Lingus Classic right in the summer, we're in Ireland, we 350 00:16:37,680 --> 00:16:40,680 Speaker 1: go to Dublin, Florida State, last second kick, win the game. 351 00:16:40,760 --> 00:16:44,480 Speaker 2: It's awesome Week zero Week zero essentially the only game 352 00:16:44,520 --> 00:16:45,240 Speaker 2: in town. Right. 353 00:16:45,760 --> 00:16:48,560 Speaker 1: Interestingly, right, there's I don't know three or four million 354 00:16:48,560 --> 00:16:51,320 Speaker 1: people that watched that game, which was awesome, but there 355 00:16:51,360 --> 00:16:54,520 Speaker 1: were We had two billion on social media within one day. 356 00:16:55,000 --> 00:16:58,400 Speaker 5: Two billion. There is nothing that we can do. 357 00:16:58,720 --> 00:17:01,920 Speaker 1: There's no investment on the institutional front that can tell 358 00:17:01,960 --> 00:17:04,199 Speaker 1: our story better than that. And I think you know 359 00:17:04,320 --> 00:17:09,040 Speaker 1: President Caberra, he fully embraces that, invests in that, and 360 00:17:09,800 --> 00:17:12,359 Speaker 1: that's what's got his positions so well right to move 361 00:17:12,400 --> 00:17:13,560 Speaker 1: forward into this new era. 362 00:17:25,640 --> 00:17:28,600 Speaker 2: And so when you think about a lot of that change, Jay, 363 00:17:28,680 --> 00:17:31,080 Speaker 2: you know, one of the things that is just front 364 00:17:31,119 --> 00:17:34,440 Speaker 2: and center. Is this whole notion of conference realignment. Sure 365 00:17:34,480 --> 00:17:39,200 Speaker 2: you have experienced it firsthand with some maybe unexpected new 366 00:17:39,240 --> 00:17:43,160 Speaker 2: members of your conference who are nowhere near the Atlantic coast. 367 00:17:43,480 --> 00:17:46,919 Speaker 2: I'm thinking about, you know, SMU, I'm thinking about Stanford 368 00:17:46,960 --> 00:17:50,480 Speaker 2: and cal Where do we go on that and what happens? 369 00:17:50,520 --> 00:17:53,560 Speaker 3: What's the right thing to happen from your perspective. 370 00:17:53,320 --> 00:17:55,360 Speaker 5: That's a great question. First and foremost. 371 00:17:55,400 --> 00:17:57,199 Speaker 1: We've got to keep the kids in mind, right, and 372 00:17:57,280 --> 00:18:00,199 Speaker 1: so whereever we go with that, we have to be 373 00:18:00,280 --> 00:18:03,760 Speaker 1: sure that we're supporting them through all that. Rich And 374 00:18:03,800 --> 00:18:05,560 Speaker 1: I'll tell you, I think the ACC did a really 375 00:18:05,600 --> 00:18:10,120 Speaker 1: good job recruiting members that made sense from a institutional 376 00:18:10,160 --> 00:18:11,919 Speaker 1: profile commitment to athletics. 377 00:18:12,320 --> 00:18:12,439 Speaker 5: Right. 378 00:18:12,760 --> 00:18:14,760 Speaker 1: Those are long plane flights. I did one to LA 379 00:18:14,840 --> 00:18:17,879 Speaker 1: and back last week to watch our women compete at UCLA. 380 00:18:17,920 --> 00:18:20,320 Speaker 1: But we're taking those steps to support them through it. 381 00:18:20,600 --> 00:18:23,399 Speaker 1: As far as the conference realignment landscape, listen, I can 382 00:18:23,440 --> 00:18:25,440 Speaker 1: only speak about the AEC because that's what we're in. 383 00:18:26,119 --> 00:18:29,280 Speaker 1: We've recently been really innovative, right, We've gone to unequal 384 00:18:29,280 --> 00:18:34,680 Speaker 1: revenue distribution based on on field success and TV viewership, 385 00:18:34,800 --> 00:18:37,000 Speaker 1: and so part of what you can do, Jason, is 386 00:18:37,280 --> 00:18:41,480 Speaker 1: you can be intentional about how you organize and arrange 387 00:18:41,560 --> 00:18:45,760 Speaker 1: different things. Right, We'll play our Georgia game for football 388 00:18:46,080 --> 00:18:47,320 Speaker 1: on a Friday afternoon. 389 00:18:47,800 --> 00:18:48,000 Speaker 5: Right. 390 00:18:48,359 --> 00:18:50,679 Speaker 1: Last year we played that game on a Friday evening 391 00:18:50,680 --> 00:18:54,520 Speaker 1: in Athens, eight overtimes. It's not painful or anything. At 392 00:18:54,560 --> 00:18:57,320 Speaker 1: the end of that we had nine million people watch 393 00:18:57,400 --> 00:18:57,879 Speaker 1: that game. 394 00:18:58,320 --> 00:18:58,520 Speaker 5: Right. 395 00:18:58,800 --> 00:19:01,280 Speaker 1: Part of why that happened is that we intentionally organize 396 00:19:01,320 --> 00:19:03,199 Speaker 1: work with our partners in Athens to say, hey, we 397 00:19:03,200 --> 00:19:05,879 Speaker 1: should do that game on a Friday night. ABC picks 398 00:19:05,880 --> 00:19:06,200 Speaker 1: it up. 399 00:19:06,400 --> 00:19:07,000 Speaker 5: Part of that is. 400 00:19:06,960 --> 00:19:09,840 Speaker 1: Being intentional about how do you organize that schedule? What 401 00:19:09,840 --> 00:19:13,080 Speaker 1: are you doing on that front to create value? 402 00:19:13,280 --> 00:19:15,680 Speaker 4: Yeah, Jack, it's incredible. I mean, this's my head is 403 00:19:15,760 --> 00:19:17,720 Speaker 4: spinning because I don't know. I mean, this is not 404 00:19:17,760 --> 00:19:19,920 Speaker 4: what I grew up with. I remember, back in the day, 405 00:19:19,960 --> 00:19:21,960 Speaker 4: you had a guy like herschel Walkerm dating myself a 406 00:19:22,000 --> 00:19:24,160 Speaker 4: little bit. But he went to Georgia and you knew 407 00:19:24,200 --> 00:19:25,760 Speaker 4: what high school came from. He's going to be there 408 00:19:25,800 --> 00:19:27,480 Speaker 4: for at least three years. You know who the coach 409 00:19:27,560 --> 00:19:29,119 Speaker 4: was going to be, you know which conference, you know what. 410 00:19:29,560 --> 00:19:31,840 Speaker 4: Now you don't know anything. I guess my question is 411 00:19:31,880 --> 00:19:34,240 Speaker 4: and this is something that I'm struggling with. I'm a 412 00:19:34,280 --> 00:19:37,600 Speaker 4: parent of two daughters and one is a software at Michigan. 413 00:19:37,640 --> 00:19:39,680 Speaker 4: One of the junior in high school. And I'm thinking, 414 00:19:39,720 --> 00:19:41,560 Speaker 4: if if someone like you showed up at my house, 415 00:19:41,800 --> 00:19:43,560 Speaker 4: I love that they get to share in the economics, 416 00:19:43,600 --> 00:19:44,399 Speaker 4: that's always great. 417 00:19:44,800 --> 00:19:45,960 Speaker 3: What I don't love. 418 00:19:46,040 --> 00:19:49,840 Speaker 4: Is no commitment, no loyalty, and option education. How do 419 00:19:49,920 --> 00:19:53,320 Speaker 4: we give them the resources or make them earn the resources, 420 00:19:53,560 --> 00:19:56,120 Speaker 4: but also give them the chores that make this country great, 421 00:19:56,200 --> 00:19:58,560 Speaker 4: like the fact that you got to work for it. 422 00:19:58,640 --> 00:20:00,520 Speaker 1: Well, I think you know, part of what will be 423 00:20:00,640 --> 00:20:03,240 Speaker 1: great as we move into this next era of college 424 00:20:03,240 --> 00:20:05,919 Speaker 1: athletics is student athletes are going to have more and 425 00:20:05,960 --> 00:20:10,440 Speaker 1: more opportunity to earn that third party nil Right, There'll 426 00:20:10,480 --> 00:20:13,240 Speaker 1: be financial gain and benefit that go with that, and 427 00:20:13,320 --> 00:20:16,000 Speaker 1: so that part will be enhanced outs. I think it's important. 428 00:20:16,280 --> 00:20:18,680 Speaker 1: But you know, part of that, I think what makes 429 00:20:19,280 --> 00:20:23,800 Speaker 1: higher education college athletics great is you do still get 430 00:20:24,040 --> 00:20:27,199 Speaker 1: even if the window gets compressed, Right, even if the 431 00:20:27,200 --> 00:20:30,600 Speaker 1: window gets compressed and maybe somebody transfers, you still get 432 00:20:30,640 --> 00:20:34,960 Speaker 1: all those intrinsic values of resiliency. Right, you fail on 433 00:20:35,000 --> 00:20:37,240 Speaker 1: a stage in front of thousands of people. You know 434 00:20:37,560 --> 00:20:40,080 Speaker 1: that way better than I do. Right, You have the 435 00:20:40,119 --> 00:20:43,440 Speaker 1: ability to be a great teammate, teamwork, all those parts 436 00:20:43,520 --> 00:20:46,359 Speaker 1: and pieces that go with what does college athletics do? 437 00:20:47,080 --> 00:20:49,280 Speaker 5: Even if it gets microwaved right at times. 438 00:20:49,640 --> 00:20:52,399 Speaker 1: But as many stories as there are of student athletes 439 00:20:52,400 --> 00:20:54,760 Speaker 1: that leave, there's just as many as the ones that 440 00:20:54,800 --> 00:20:57,879 Speaker 1: stick it out right, And so it's our job in 441 00:20:57,880 --> 00:21:00,760 Speaker 1: college athletics to build those environments that's port the kids 442 00:21:00,800 --> 00:21:04,199 Speaker 1: to make those good decisions, to see the value in 443 00:21:04,240 --> 00:21:07,719 Speaker 1: the higher education part of the equation. Listen, again, not 444 00:21:07,720 --> 00:21:09,480 Speaker 1: going to be naive enough to not say there's part 445 00:21:09,520 --> 00:21:11,439 Speaker 1: of it that's going to come down to what's the 446 00:21:11,480 --> 00:21:13,600 Speaker 1: rev share and all the other parts. 447 00:21:12,840 --> 00:21:13,760 Speaker 5: That work with it. 448 00:21:13,840 --> 00:21:16,160 Speaker 1: But that's our job, and that's when when I come 449 00:21:16,200 --> 00:21:19,240 Speaker 1: to see you guys. You know, we'll send the coaches first, 450 00:21:19,320 --> 00:21:21,720 Speaker 1: but at the end of the day, I think it's 451 00:21:21,760 --> 00:21:23,960 Speaker 1: important we talk as much about that as anything. 452 00:21:35,720 --> 00:21:36,919 Speaker 3: All Right, you ready forrapping? 453 00:21:37,320 --> 00:21:37,520 Speaker 5: Ready? 454 00:21:37,560 --> 00:21:38,600 Speaker 3: All right, let's do it? 455 00:21:38,640 --> 00:21:39,040 Speaker 5: All right? 456 00:21:39,160 --> 00:21:43,840 Speaker 2: So the only rule is keep it tight. Okay, I'll 457 00:21:43,880 --> 00:21:46,440 Speaker 2: start and then I'll still thick up. What's one word 458 00:21:46,480 --> 00:21:48,040 Speaker 2: to describe your deal making style? 459 00:21:48,640 --> 00:21:53,040 Speaker 5: Direct? What's more important to your gut or data both. 460 00:21:58,400 --> 00:21:59,919 Speaker 3: Who's your dream deal making partner? 461 00:22:00,240 --> 00:22:02,000 Speaker 5: Nick Saban? Oh, good one. 462 00:22:02,280 --> 00:22:04,399 Speaker 4: What's the best piece of advice you ever received on 463 00:22:04,480 --> 00:22:05,800 Speaker 4: deal making or business? 464 00:22:06,280 --> 00:22:07,520 Speaker 5: Always be honest. 465 00:22:07,840 --> 00:22:09,520 Speaker 3: What's the worst advice you've been given? 466 00:22:09,840 --> 00:22:11,280 Speaker 5: Do the rapid fire question thing? 467 00:22:14,920 --> 00:22:17,119 Speaker 4: You can only watch one sport for the rest of 468 00:22:17,119 --> 00:22:18,199 Speaker 4: your life? Which one is it? 469 00:22:18,400 --> 00:22:21,479 Speaker 5: A football? Guy? American football? American football? All right? 470 00:22:22,080 --> 00:22:26,720 Speaker 3: Good, it's a global show. And to clarify it, yeah, 471 00:22:26,760 --> 00:22:27,879 Speaker 3: and you played talker. 472 00:22:28,600 --> 00:22:31,240 Speaker 2: What team do you want to see win a championship 473 00:22:31,240 --> 00:22:33,000 Speaker 2: more than any Well? 474 00:22:33,040 --> 00:22:33,480 Speaker 3: I mean. 475 00:22:35,680 --> 00:22:39,320 Speaker 5: That's the best question. Yeah, yeah, all right. 476 00:22:39,320 --> 00:22:42,960 Speaker 4: What's your advice someone listening who wants to have a career. 477 00:22:42,960 --> 00:22:43,840 Speaker 5: Just like yours. 478 00:22:45,200 --> 00:22:47,560 Speaker 1: You gotta do it for the right reason, right, You 479 00:22:47,640 --> 00:22:51,199 Speaker 1: gotta love the enterprise. Don't do it to end up 480 00:22:51,240 --> 00:22:53,879 Speaker 1: in one of these chairs. Do it because you love 481 00:22:53,920 --> 00:22:55,720 Speaker 1: the enterprise. You love helping student athletes. 482 00:22:57,720 --> 00:23:00,440 Speaker 2: All right, Well, this has been a huge, huge amount 483 00:23:00,440 --> 00:23:03,320 Speaker 2: of fun. I've been waiting for a long time for 484 00:23:03,440 --> 00:23:05,920 Speaker 2: us to come to Atlanta together, and you've. 485 00:23:05,760 --> 00:23:06,439 Speaker 5: Never been happier. 486 00:23:06,440 --> 00:23:09,720 Speaker 4: By the way, I know your parents, Georgia, maybe mom 487 00:23:09,760 --> 00:23:11,240 Speaker 4: cook for your little southern. 488 00:23:11,000 --> 00:23:12,080 Speaker 3: I had a great day. 489 00:23:12,160 --> 00:23:13,679 Speaker 5: Have you never seen a smile much? Now? 490 00:23:13,680 --> 00:23:15,359 Speaker 2: I had a great day, and I'm so happy to 491 00:23:15,359 --> 00:23:17,439 Speaker 2: be here with both of you. And it's great to 492 00:23:17,480 --> 00:23:20,399 Speaker 2: be able to say on stage on our on our 493 00:23:20,440 --> 00:23:22,560 Speaker 2: podcast to Hell with Georgia, thank you. 494 00:23:24,200 --> 00:23:27,280 Speaker 3: I love it, thank you, Thank you guys so much. 495 00:23:27,320 --> 00:23:28,520 Speaker 3: We really appreciate it. 496 00:23:35,960 --> 00:23:40,120 Speaker 6: The Deal is a production from Bloomberg Podcasts and Bloomberg Originals. 497 00:23:40,720 --> 00:23:43,879 Speaker 6: The Deal is hosted by Alex Rodriguez and Jason Kelly. 498 00:23:44,280 --> 00:23:48,760 Speaker 6: The show was produced by Anamazarakus, Lizzie Phillip, and Stacey Wong. 499 00:23:49,280 --> 00:23:53,480 Speaker 6: Original music and engineering by Blake Maples. David E. Ravella 500 00:23:53,640 --> 00:23:57,520 Speaker 6: is our managing editor. Our executive producers are Jason Kelly, 501 00:23:57,760 --> 00:24:03,840 Speaker 6: Brendan Francis, Newnham, Jordan Oppland, Trey Shallowhorn, Andrew Barden, Kelly Leferrier, 502 00:24:04,119 --> 00:24:08,120 Speaker 6: and Ashley Hoenig. Sage Bauman is our Head of Podcasts 503 00:24:08,680 --> 00:24:13,080 Speaker 6: Special thanks to Rachel Carnivali, Elena Los Angeles, Nick Silva, 504 00:24:13,520 --> 00:24:18,840 Speaker 6: Zach Aberman and Allied Productions. Rubob Shakir is our creative director. 505 00:24:19,520 --> 00:24:23,280 Speaker 6: Art direction is from Jacqueline Kessler. Joshua Devaux is our 506 00:24:23,280 --> 00:24:28,879 Speaker 6: director of Photography Camera Operation by Joel Adrian. Listen to 507 00:24:28,880 --> 00:24:32,720 Speaker 6: the Deal on Apple Podcasts, Spotify, or wherever you get 508 00:24:32,720 --> 00:24:36,040 Speaker 6: your podcasts. You can also tune into the video Companion 509 00:24:36,080 --> 00:24:39,879 Speaker 6: on Bloomberg Originals and on Bloomberg TV. Thanks for listening.