1 00:00:00,400 --> 00:00:03,240 Speaker 1: Hello. I'm Scott and I'm Michael bar This is the 2 00:00:03,240 --> 00:00:07,400 Speaker 1: Bloomberg Business of Sports podcast where we've minus one of 3 00:00:07,400 --> 00:00:12,040 Speaker 1: our friends here, Williams, where he's in Beaverden, Oregon. And 4 00:00:12,080 --> 00:00:17,320 Speaker 1: you know what's in Beaverton, Oregon. Of course, Nike Headquarters. 5 00:00:17,000 --> 00:00:20,599 Speaker 1: Hanging in Nike all week, hanging with checking things out. 6 00:00:20,960 --> 00:00:23,919 Speaker 1: He got a cool assignment. He always has cool assignment. Yeah, 7 00:00:23,960 --> 00:00:26,320 Speaker 1: but we miss you, Avin. We're gonna explore the big 8 00:00:26,320 --> 00:00:28,640 Speaker 1: money issues in the world of sports, and today we 9 00:00:28,720 --> 00:00:33,000 Speaker 1: begin with We're that Derek Jeeta is exploring a potential 10 00:00:33,040 --> 00:00:37,080 Speaker 1: sale of the website he founded, The Players Tribune. Scott, 11 00:00:37,200 --> 00:00:40,839 Speaker 1: you broke this story. What are your sources telling you 12 00:00:40,840 --> 00:00:42,280 Speaker 1: about this? Yeah, well he's like going to sell it. 13 00:00:42,320 --> 00:00:44,559 Speaker 1: But before we get to that, because you know I 14 00:00:44,600 --> 00:00:46,840 Speaker 1: do this all the time, can I talk about Lebron 15 00:00:46,920 --> 00:00:49,519 Speaker 1: James for a moment. Oh yeah, So Lebron puts this 16 00:00:49,600 --> 00:00:52,320 Speaker 1: on Twitter last night. Ready, and I'm going on my 17 00:00:52,320 --> 00:00:53,920 Speaker 1: phone because I took a picture of the tweet because 18 00:00:53,920 --> 00:00:56,960 Speaker 1: I'm just like, can this really be? Man? These l 19 00:00:57,000 --> 00:01:00,480 Speaker 1: A fires aren't no joke. Had to emergency of evacuate 20 00:01:00,560 --> 00:01:03,440 Speaker 1: my house and I've been driving around with my family 21 00:01:03,520 --> 00:01:08,560 Speaker 1: trying to get rooms. No luck so far. Nope, Lebron, 22 00:01:08,760 --> 00:01:12,440 Speaker 1: Lebron James is do you think he really his family's 23 00:01:12,480 --> 00:01:15,840 Speaker 1: in the car or the truck whatever, driving around searching 24 00:01:15,880 --> 00:01:19,279 Speaker 1: for a place to stay. Lebron fire doesn't care whether 25 00:01:19,319 --> 00:01:23,120 Speaker 1: you're an NBA. Understand that. I believe that the fire 26 00:01:23,240 --> 00:01:25,520 Speaker 1: couldn't be impinging on his house and he has to 27 00:01:25,520 --> 00:01:28,199 Speaker 1: get out. What I can't believe is Lebron can't find 28 00:01:28,200 --> 00:01:31,160 Speaker 1: a place to stay. Yeah, that's true. Lebron James is 29 00:01:31,200 --> 00:01:34,040 Speaker 1: in the car driving around, calling like Red Ruffins, Well 30 00:01:34,080 --> 00:01:37,800 Speaker 1: can he go to like? You know, That's what I'm saying, 31 00:01:38,200 --> 00:01:40,959 Speaker 1: he can go anywhere? What's Lebron James in l A. 32 00:01:41,280 --> 00:01:46,000 Speaker 1: I'm called 's called the big ticket holders, call the Reeds, 33 00:01:46,040 --> 00:01:49,680 Speaker 1: Bev Will if you ever watched Pretty Woman call anywhere? Hey, 34 00:01:49,840 --> 00:01:54,200 Speaker 1: I'm gonna call the call he can I come over? Jack? 35 00:01:54,320 --> 00:01:58,000 Speaker 1: Can I come over? And then and then by the way, 36 00:01:58,040 --> 00:02:01,320 Speaker 1: we got hours later, finally found a place to accommodate us. 37 00:02:01,360 --> 00:02:05,560 Speaker 1: Crazy night many Yeah, I'm not laughing, and obviously this 38 00:02:05,640 --> 00:02:08,680 Speaker 1: is serious about the fire, but it is Lebron James 39 00:02:08,760 --> 00:02:10,840 Speaker 1: and he can't find a place to Ron can't find 40 00:02:10,840 --> 00:02:13,640 Speaker 1: a place in l A anyway equally up there in 41 00:02:13,800 --> 00:02:17,440 Speaker 1: the cuating scale. Derek Jeter, Yeah, he is. Uh, he 42 00:02:17,600 --> 00:02:21,959 Speaker 1: is looking to unload the Players Tribune. Um, obviously we 43 00:02:22,000 --> 00:02:24,160 Speaker 1: don't have the specifics, but most people in the industry 44 00:02:24,160 --> 00:02:28,160 Speaker 1: don't think it's making any money, and digital media companies 45 00:02:28,240 --> 00:02:31,480 Speaker 1: have been sort of merging with the hopes of sparking 46 00:02:31,520 --> 00:02:36,240 Speaker 1: some kind of turnaround. Um, they purchased a tech startup 47 00:02:36,680 --> 00:02:40,400 Speaker 1: hold Unscripted not long ago, a lot of athletes but 48 00:02:40,400 --> 00:02:44,239 Speaker 1: short form videos. Um, who's interesting. I hear they're in 49 00:02:44,320 --> 00:02:46,440 Speaker 1: exclusive talks about of my sources telling me they're in 50 00:02:46,520 --> 00:02:49,560 Speaker 1: exclusive talks with somebody and it could come down in 51 00:02:49,560 --> 00:02:51,600 Speaker 1: the next couple of weeks or not happen at all. Well, 52 00:02:51,639 --> 00:02:54,880 Speaker 1: I mean this is he goes back to the original statement, 53 00:02:55,040 --> 00:02:57,359 Speaker 1: it's not making any money. How are you going to 54 00:02:57,440 --> 00:02:59,760 Speaker 1: unload it? Because it's hard to sell something that's not 55 00:02:59,760 --> 00:03:01,839 Speaker 1: making any Normally on these things, you've got to get 56 00:03:01,919 --> 00:03:05,040 Speaker 1: a picture of evaluation. What the bankers. I spoke to her, 57 00:03:05,080 --> 00:03:08,079 Speaker 1: like who you know these things are trading it like 58 00:03:08,200 --> 00:03:11,480 Speaker 1: you know, Uh, they didn't throw a lot like one 59 00:03:11,560 --> 00:03:14,200 Speaker 1: percent of revenue. It's just it's hard to put a 60 00:03:14,280 --> 00:03:19,760 Speaker 1: number on it. Um, you'd have to find a synergistic partner, obviously, 61 00:03:20,480 --> 00:03:23,440 Speaker 1: So who is that? Who? Who? I can tell you 62 00:03:23,480 --> 00:03:25,959 Speaker 1: it's not the athletic. I can tell you that for sure. 63 00:03:25,960 --> 00:03:30,600 Speaker 1: It is not the athletic Um. You know, it didn't 64 00:03:30,600 --> 00:03:34,920 Speaker 1: really penetrate. It had some moments, like when Kevin Durant 65 00:03:35,000 --> 00:03:37,840 Speaker 1: announced where he was going, when Kobe announced his his 66 00:03:37,960 --> 00:03:42,120 Speaker 1: love letter to basketball. It did have moments, but nothing sustained. 67 00:03:42,160 --> 00:03:44,200 Speaker 1: I mean, how often do you go to players trip? Yeah, well, 68 00:03:44,400 --> 00:03:46,520 Speaker 1: there you go. I hate to say that, but that's 69 00:03:46,560 --> 00:03:50,160 Speaker 1: the point. And you know, Derry Jeter once said something 70 00:03:50,160 --> 00:03:53,400 Speaker 1: and it impressed me, he said as he was transitioning 71 00:03:53,520 --> 00:03:58,240 Speaker 1: from the field to being now a businessman, part owner 72 00:03:58,360 --> 00:04:00,600 Speaker 1: and CEO of the Miami Marlins. He said, some of 73 00:04:00,600 --> 00:04:02,840 Speaker 1: the best advice he ever got was from the head 74 00:04:02,880 --> 00:04:06,520 Speaker 1: of Coca Cola. And I apologize, I'm having a brain 75 00:04:06,600 --> 00:04:10,480 Speaker 1: freeze about her name, but he got so much good 76 00:04:10,480 --> 00:04:13,720 Speaker 1: advice from her, uh that it's I wish I could 77 00:04:13,760 --> 00:04:16,679 Speaker 1: go to ce Well, I guess we can. We're talking 78 00:04:16,680 --> 00:04:20,240 Speaker 1: in New Ye at PEPSI. I don't know. You said 79 00:04:20,279 --> 00:04:22,479 Speaker 1: Coke and then you said she that would be injury. 80 00:04:22,600 --> 00:04:24,360 Speaker 1: At then it must have been pepsi. I'm sorry, it 81 00:04:24,400 --> 00:04:26,720 Speaker 1: must have been pepsi. And then I realized we can 82 00:04:26,800 --> 00:04:29,760 Speaker 1: talk to a CEO if we wanted to, and who 83 00:04:29,839 --> 00:04:32,719 Speaker 1: an owner of a company if he wanted advice. But 84 00:04:33,320 --> 00:04:37,520 Speaker 1: that really is something that helps him in his business ventures. 85 00:04:37,520 --> 00:04:39,400 Speaker 1: And I hope, I hope he gets this square away. 86 00:04:39,400 --> 00:04:41,599 Speaker 1: And I'm gonna credit this. Eben dug up this stat 87 00:04:41,600 --> 00:04:44,400 Speaker 1: when we wrote the story. The sites traffic ranked number 88 00:04:44,440 --> 00:04:48,279 Speaker 1: sixteen thousand, eight hundred and one in the US over 89 00:04:48,320 --> 00:04:52,200 Speaker 1: the past days. That's according to Alexa. For comparison, the 90 00:04:52,279 --> 00:04:57,039 Speaker 1: ringer ranked one thousand, fifty three. The athletic was not 91 00:04:57,160 --> 00:05:00,680 Speaker 1: up there on the traffic scale. Let's move our focus 92 00:05:00,800 --> 00:05:04,680 Speaker 1: onto more baseball. As we talk about the ratings we're 93 00:05:04,680 --> 00:05:07,600 Speaker 1: seeing for the World Series, how do the Astros and 94 00:05:07,720 --> 00:05:11,600 Speaker 1: national stack up to the rest of the prime time lineup? Well, 95 00:05:11,600 --> 00:05:12,960 Speaker 1: how do we how do you want to look at 96 00:05:13,040 --> 00:05:15,160 Speaker 1: ratings these days? Bar Do you want to look at 97 00:05:15,240 --> 00:05:18,400 Speaker 1: how does this year's World Series, this year's NBA Finals, 98 00:05:18,400 --> 00:05:20,840 Speaker 1: this year's Super Bowl? Do you want to look how 99 00:05:20,880 --> 00:05:22,800 Speaker 1: to do compared to last year, the year before and 100 00:05:22,839 --> 00:05:25,760 Speaker 1: the historical trend? Or are we going to look, as 101 00:05:26,200 --> 00:05:29,240 Speaker 1: network executives would have you do. Now at how are 102 00:05:29,279 --> 00:05:33,000 Speaker 1: we doing against today's competition? Yeah, I guess that's where 103 00:05:33,000 --> 00:05:35,720 Speaker 1: the eyeballs that are available. Now, how are we doing? 104 00:05:35,920 --> 00:05:38,159 Speaker 1: So you you want to do the looks great or 105 00:05:38,200 --> 00:05:39,839 Speaker 1: you want to do the doesn't look so good? You 106 00:05:39,880 --> 00:05:42,839 Speaker 1: take your pay Well, let's let's try the doesn't look 107 00:05:42,880 --> 00:05:45,040 Speaker 1: so good. Okay, So that would be the historical trend 108 00:05:45,120 --> 00:05:49,200 Speaker 1: analysis of the ratings that, yeah, this is down from eighteen, 109 00:05:49,760 --> 00:05:53,919 Speaker 1: close to the lowest ever. And thank god, if you're baseball, 110 00:05:54,640 --> 00:05:58,360 Speaker 1: that the Astros have found their way because if this 111 00:05:58,480 --> 00:06:02,160 Speaker 1: was three oh three, one even, but now you've got 112 00:06:02,200 --> 00:06:05,000 Speaker 1: a three two series, and if we've discussed forever, they 113 00:06:05,040 --> 00:06:06,680 Speaker 1: don't really care who's in it. Yes, they would have 114 00:06:06,720 --> 00:06:08,560 Speaker 1: loved the Dodgers and the Yankees. I get it. Yes, 115 00:06:08,920 --> 00:06:12,839 Speaker 1: but even with Washington and Houston, the key for the 116 00:06:12,880 --> 00:06:16,000 Speaker 1: networks is just give us volume, which means we need 117 00:06:16,080 --> 00:06:19,640 Speaker 1: games six and seven. Is it true that as the 118 00:06:19,680 --> 00:06:26,000 Speaker 1: world's as the World Series turns, that still NFL is 119 00:06:26,040 --> 00:06:28,760 Speaker 1: superior a regular season game. I'm not. I'm not talking 120 00:06:28,800 --> 00:06:32,280 Speaker 1: about the World Series compared to the super Bowl. I'm 121 00:06:32,279 --> 00:06:35,080 Speaker 1: talking about the World Series compared to a regular game 122 00:06:35,360 --> 00:06:38,160 Speaker 1: NFL is king. Yeah, you'll find NFL games that will 123 00:06:38,160 --> 00:06:43,440 Speaker 1: outdraw championships of other Yes, And it's the similar case 124 00:06:43,520 --> 00:06:45,560 Speaker 1: right here, and I guess it brings me to the point. 125 00:06:46,160 --> 00:06:48,680 Speaker 1: Uh but if you're Foxed. But but if your Fox, 126 00:06:48,720 --> 00:06:50,880 Speaker 1: you're still you're what they like the term is winning 127 00:06:50,920 --> 00:06:54,599 Speaker 1: the night. They won the night. It's helping Fox to 128 00:06:54,720 --> 00:06:57,839 Speaker 1: win the night. The eyeballs are there. You get the 129 00:06:57,880 --> 00:07:01,920 Speaker 1: promotion for the other shows. That is what it's about 130 00:07:02,000 --> 00:07:03,880 Speaker 1: these days, like how am I doing on the night 131 00:07:03,920 --> 00:07:06,880 Speaker 1: in question? And for for Fox particularly that you know, 132 00:07:07,000 --> 00:07:10,120 Speaker 1: it really promoting that weekend string where they have Thursday 133 00:07:10,240 --> 00:07:15,880 Speaker 1: night football, Friday wrestling, Saturday, college football, Sunday NFL And 134 00:07:15,960 --> 00:07:19,600 Speaker 1: that's the thing. Went NFL on a Sunday night compared 135 00:07:19,640 --> 00:07:23,760 Speaker 1: to the World Series, the NFL one And that to me, 136 00:07:23,800 --> 00:07:27,200 Speaker 1: that's still amazing. How you're talking about the Creme de 137 00:07:27,280 --> 00:07:31,920 Speaker 1: la creme, the championship and you're still coming behind an 138 00:07:32,040 --> 00:07:37,200 Speaker 1: NFL game. Yeah, so we're going seven? Uh yeah, I 139 00:07:37,240 --> 00:07:40,560 Speaker 1: think we are in Strassburg, gonna do it, Strado. If 140 00:07:40,560 --> 00:07:44,560 Speaker 1: this game doesn't do monster number, you've got two stud pitchers, 141 00:07:45,360 --> 00:07:49,120 Speaker 1: You've got an interesting series now at three two. I mean, 142 00:07:49,160 --> 00:07:52,320 Speaker 1: you've got all the makings for something that should draw eyeballs. 143 00:07:52,400 --> 00:07:54,920 Speaker 1: I just wonder what would have happened if Scherzer would 144 00:07:54,960 --> 00:07:57,880 Speaker 1: have pitched of course, you know, and in case anybody 145 00:07:57,960 --> 00:08:00,400 Speaker 1: doesn't know, I mean he was scratched because he's gotten interview, 146 00:08:00,840 --> 00:08:05,080 Speaker 1: so we'll see. Uh. Finally another story, you broke man, 147 00:08:05,120 --> 00:08:09,440 Speaker 1: you were just you're you're gold Man? Does Zone, the 148 00:08:09,520 --> 00:08:13,720 Speaker 1: sports streaming service led by former ESPN president John Skipper, 149 00:08:14,080 --> 00:08:17,960 Speaker 1: is looking to raise at least five million dollars. Yeah, 150 00:08:17,960 --> 00:08:19,840 Speaker 1: they're out in the market looking to raise half a 151 00:08:19,880 --> 00:08:23,480 Speaker 1: billion dollars in What would be concerning to some is 152 00:08:23,480 --> 00:08:27,880 Speaker 1: that up until now, the uh, the services founder Len Levetnik, 153 00:08:28,560 --> 00:08:32,480 Speaker 1: he is a multi multi billionaire. What's his net worth? 154 00:08:33,080 --> 00:08:36,200 Speaker 1: Five billion dollars? Is this a sign that he is 155 00:08:36,200 --> 00:08:39,560 Speaker 1: turning off this pigot? Or is this a sign of 156 00:08:39,640 --> 00:08:41,360 Speaker 1: something else? That if I don't have to use my 157 00:08:41,360 --> 00:08:44,440 Speaker 1: own money, well why should I? But I mean, we 158 00:08:44,480 --> 00:08:46,360 Speaker 1: all know what the Zone is predicated on. They are 159 00:08:46,440 --> 00:08:50,160 Speaker 1: out there now trying to buy sports rights. As you know, 160 00:08:50,400 --> 00:08:53,199 Speaker 1: it doesn't matter what the game is, it ain't and 161 00:08:53,280 --> 00:08:55,000 Speaker 1: ain't cheap you hit it right on the head. This 162 00:08:55,040 --> 00:08:58,800 Speaker 1: is expensive stuff. They've spent a lot of money on boxing. Uh, 163 00:08:58,840 --> 00:09:01,040 Speaker 1: that's a billion dollar part dership with match Room, and 164 00:09:01,080 --> 00:09:03,840 Speaker 1: they spent like three billion dollars in Asia and now 165 00:09:03,880 --> 00:09:08,320 Speaker 1: they're talking to um, the NFL, the NBA, everybody, the majors. 166 00:09:08,440 --> 00:09:10,600 Speaker 1: It's going to cost them some money. And then you 167 00:09:10,640 --> 00:09:12,760 Speaker 1: wonder what the plan is after that. You might get 168 00:09:13,160 --> 00:09:15,760 Speaker 1: if you're trying to get the NFL, you might get 169 00:09:15,800 --> 00:09:18,880 Speaker 1: like the London Games. Maybe that can happen. Well, I mean, 170 00:09:18,880 --> 00:09:20,880 Speaker 1: that's an interesting discussion on its own, Like what's the 171 00:09:20,960 --> 00:09:23,400 Speaker 1: NFL gonna do when it's next media? Do they chop 172 00:09:23,440 --> 00:09:27,040 Speaker 1: it up? Do they separate? Do they Exclusivity comes at 173 00:09:27,040 --> 00:09:29,160 Speaker 1: a premium. Who's willing to pay? How much you have 174 00:09:29,280 --> 00:09:31,600 Speaker 1: these streaming services in there? What are they really willing 175 00:09:31,640 --> 00:09:36,559 Speaker 1: to pay? The NFL's entire business approach is about broad reach, 176 00:09:36,600 --> 00:09:38,720 Speaker 1: so that would take any sort of exclusivity on a 177 00:09:38,720 --> 00:09:41,920 Speaker 1: streaming service out of the equation. It's an interesting time, 178 00:09:42,000 --> 00:09:44,080 Speaker 1: especially for a property like that, But it comes down 179 00:09:44,120 --> 00:09:48,000 Speaker 1: to three little letters R O I and I'm just wondering, 180 00:09:48,280 --> 00:09:52,400 Speaker 1: what is that ford the zone? Well, that's that's simple 181 00:09:52,440 --> 00:09:55,200 Speaker 1: that's subscribers. This is a subscriber business. You know, they're 182 00:09:55,200 --> 00:09:58,120 Speaker 1: asking you to pay. In the US, they just recently 183 00:09:58,240 --> 00:10:01,160 Speaker 1: raise their their feet twenty bucks month. So they're doing 184 00:10:01,160 --> 00:10:04,520 Speaker 1: the calculus if if we pay X, can we get 185 00:10:04,520 --> 00:10:07,640 Speaker 1: how many subscribers subscriber? Why does does the math work? 186 00:10:08,000 --> 00:10:10,120 Speaker 1: And the only thing available to start to get that 187 00:10:10,160 --> 00:10:13,000 Speaker 1: done was boxing. As you know, they went heavy into 188 00:10:13,040 --> 00:10:16,360 Speaker 1: boxing simply because that's what was available. They gave Canelo 189 00:10:16,400 --> 00:10:18,600 Speaker 1: Alpha as a huge deal because he's the biggest guy 190 00:10:18,640 --> 00:10:22,079 Speaker 1: out there right now. And if you are a traditional 191 00:10:22,120 --> 00:10:25,320 Speaker 1: boxing fan, think about it and you're ponying up, like 192 00:10:25,400 --> 00:10:28,280 Speaker 1: what are the pay per views getting like sixty bucks 193 00:10:28,320 --> 00:10:30,360 Speaker 1: seventy bucks for a pay per view fight? If I 194 00:10:30,360 --> 00:10:32,680 Speaker 1: can get like a hundred bucks for the whole year 195 00:10:32,679 --> 00:10:36,559 Speaker 1: of the zone and and get all the boxing all 196 00:10:36,640 --> 00:10:39,120 Speaker 1: the time, that seems like a pretty good deal. And 197 00:10:39,200 --> 00:10:41,880 Speaker 1: that's what they were counting. And see any fan of 198 00:10:41,920 --> 00:10:45,200 Speaker 1: any sport now, I'm just gonna use boxing. Yes, obviously, 199 00:10:45,360 --> 00:10:47,760 Speaker 1: you you're gonna pay money for the big fights, but 200 00:10:47,800 --> 00:10:50,920 Speaker 1: if you want to see boxing, uh, there's plenty of boxing, 201 00:10:51,040 --> 00:10:53,880 Speaker 1: plenty of boxing out there. So it's not like you know, 202 00:10:54,160 --> 00:10:55,880 Speaker 1: it's going to be like you know, just you know 203 00:10:55,960 --> 00:10:59,160 Speaker 1: one fight that not the big like like me. You know, 204 00:10:59,720 --> 00:11:04,520 Speaker 1: you know, there's there's the Merryweather whoever fighting you know whatever, 205 00:11:04,920 --> 00:11:07,360 Speaker 1: you know, and even that I'm not a guarantee to watch. 206 00:11:07,800 --> 00:11:09,560 Speaker 1: But if somebody is, hey, I got the fight, you 207 00:11:09,559 --> 00:11:12,280 Speaker 1: want to come over, fine like that, that's me. But 208 00:11:12,320 --> 00:11:14,199 Speaker 1: there are plenty of folks out there who want to 209 00:11:14,240 --> 00:11:16,560 Speaker 1: see guys I've never heard of and will never hear 210 00:11:16,600 --> 00:11:19,720 Speaker 1: of fighting on a Tuesday night at your name whatever, 211 00:11:19,800 --> 00:11:26,880 Speaker 1: Jim and can I say Biloxi, Mississippi. This is the 212 00:11:26,880 --> 00:11:29,720 Speaker 1: Bloomberg Business of Sports podcast at Michael Barr along with 213 00:11:29,760 --> 00:11:32,720 Speaker 1: Scott Sasnik. Because we're here each and every Monday, Wednesday 214 00:11:32,720 --> 00:11:34,720 Speaker 1: and Thursday. And what do we do. We explore the 215 00:11:34,760 --> 00:11:37,920 Speaker 1: world of money in sports. Join us again at the 216 00:11:38,000 --> 00:11:41,080 Speaker 1: end of the week when we speak with Michael Coparasso, 217 00:11:41,840 --> 00:11:47,079 Speaker 1: the CEO of the New York road Runners. It's coming 218 00:11:47,160 --> 00:11:49,520 Speaker 1: up this weekend. And he made you quite an offer. 219 00:11:50,920 --> 00:11:54,439 Speaker 1: I'm not gonna say anything he made you. If anybody's 220 00:11:54,480 --> 00:11:59,400 Speaker 1: interested in Michael Barr and what will he do, you 221 00:11:59,440 --> 00:12:02,520 Speaker 1: have to listen. Yeah, yeah, it's a great offer that 222 00:12:02,559 --> 00:12:04,320 Speaker 1: he made me and I gotta I really have to 223 00:12:04,320 --> 00:12:06,440 Speaker 1: think about. The question is will you accept exactly? And 224 00:12:06,520 --> 00:12:09,480 Speaker 1: we miss you having By the way, you're listening The 225 00:12:09,480 --> 00:12:12,200 Speaker 1: Bloomberg Business of Sports on Bloomberg Radio around the world 226 00:12:12,200 --> 00:12:14,120 Speaker 1: and online wherever you get your podcasts.