1 00:00:01,200 --> 00:00:07,160 Speaker 1: The volume The Colin Cowherd Podcast brought to you by 2 00:00:07,200 --> 00:00:09,720 Speaker 1: Fan Duel. It's never been easier to play fantasy on 3 00:00:09,800 --> 00:00:13,000 Speaker 1: Fan Duel. Whether you love basketball, golf, soccer, or any 4 00:00:13,039 --> 00:00:16,840 Speaker 1: fantasy sport. There is a contest for every fan Fan 5 00:00:16,960 --> 00:00:30,480 Speaker 1: Duel more ways to win. Hi, everybody, Welcome into the 6 00:00:30,520 --> 00:00:35,160 Speaker 1: Wednesday Podcast. Unique guest today, Dan Porter, co founder, entrepreneur, 7 00:00:35,360 --> 00:00:40,360 Speaker 1: CEO of Overtime and Overtime Elite Basketball League. It launches 8 00:00:40,800 --> 00:00:44,839 Speaker 1: first season in two months. This is something the late 9 00:00:44,960 --> 00:00:49,440 Speaker 1: David Stern, the NBA commissioner, invested in. K D is 10 00:00:49,479 --> 00:00:56,040 Speaker 1: an investor. This is the future many believe for great 11 00:00:56,200 --> 00:01:02,200 Speaker 1: high school basketball players. No college, no oversea, no g league. 12 00:01:02,800 --> 00:01:06,640 Speaker 1: You go to Overtime and will explain it and discuss 13 00:01:06,680 --> 00:01:10,640 Speaker 1: it with the CEO Dan Porter. First though, you know, 14 00:01:10,720 --> 00:01:14,120 Speaker 1: right now we're witnessing one of the biggest paradigm shifts 15 00:01:14,120 --> 00:01:17,640 Speaker 1: in the history of sports. Athletes speaking out on their 16 00:01:17,640 --> 00:01:20,800 Speaker 1: own mental health and the steps they feel they need 17 00:01:21,040 --> 00:01:24,760 Speaker 1: to take to protect it. So Simone Biles withdrawals from 18 00:01:24,800 --> 00:01:29,919 Speaker 1: the Olympic team over mental health reasons, Aaron Rodgers saying 19 00:01:29,959 --> 00:01:33,880 Speaker 1: recently he needed time away from the game before reporting 20 00:01:33,880 --> 00:01:39,440 Speaker 1: to camp, Naomi Osaka took time away from tennis last year. 21 00:01:39,840 --> 00:01:43,839 Speaker 1: Dak Prescott admitted that his family issues and the pandemic 22 00:01:44,080 --> 00:01:47,520 Speaker 1: led to him suffering from depression and anxiety. Yeah, it 23 00:01:47,600 --> 00:01:50,680 Speaker 1: happens to football players too. Sports has always been about 24 00:01:50,720 --> 00:01:53,520 Speaker 1: a machine that never stops, and sometimes athletes have been 25 00:01:53,520 --> 00:01:57,160 Speaker 1: the casualty of that machine. Now we're recognizing doesn't have 26 00:01:57,200 --> 00:01:59,680 Speaker 1: to be that way. The top athletes now are realizing 27 00:02:00,160 --> 00:02:03,920 Speaker 1: they shouldn't have to be servants to those sports. What changed, Well, 28 00:02:03,920 --> 00:02:05,960 Speaker 1: it used to be the league. The league was the business, 29 00:02:06,240 --> 00:02:09,160 Speaker 1: the athletes were the employees. But now, thanks to social 30 00:02:09,160 --> 00:02:12,440 Speaker 1: media and shoe companies and other sponsors, the actual individual 31 00:02:12,480 --> 00:02:16,360 Speaker 1: athlete is a business too. Athletes have more demands, many 32 00:02:16,400 --> 00:02:19,400 Speaker 1: of them coming from outside the sport, so star athletes 33 00:02:19,440 --> 00:02:22,320 Speaker 1: are basically CEOs of their own brands, and that means 34 00:02:22,560 --> 00:02:25,200 Speaker 1: it's up to the individual athlete to speak up and say, Hey, 35 00:02:25,320 --> 00:02:27,040 Speaker 1: this isn't right for me, this is too much for me. 36 00:02:27,080 --> 00:02:29,200 Speaker 1: I gotta step off the treadmill. This is where the 37 00:02:29,240 --> 00:02:33,320 Speaker 1: line needs to be drawn. Aaron Rodgers, Dak Prescott simone 38 00:02:33,400 --> 00:02:38,480 Speaker 1: biles too much on their plate. They can step off. Pressure. 39 00:02:38,639 --> 00:02:42,880 Speaker 1: Responsibility is overwhelming they deserve to be treated differently. They 40 00:02:42,919 --> 00:02:46,960 Speaker 1: deserve the chance to have us say in managing those demands. Listen, 41 00:02:47,480 --> 00:02:51,800 Speaker 1: dumb guys argue all the time about toughness. The reality 42 00:02:51,880 --> 00:02:55,440 Speaker 1: is too many people see mental fatigue and anxiety is 43 00:02:55,480 --> 00:03:00,079 Speaker 1: a weakness. I don't think the average Finn understands the 44 00:03:00,120 --> 00:03:05,639 Speaker 1: pressure athletes are on elevated now by the vile nature 45 00:03:05,639 --> 00:03:09,600 Speaker 1: of social media. People forget that Lebron James in the 46 00:03:09,639 --> 00:03:14,639 Speaker 1: finals against Dallas pre his first title, acknowledge it got 47 00:03:14,639 --> 00:03:17,800 Speaker 1: to him. He couldn't be the league villain, the stress, 48 00:03:17,919 --> 00:03:22,040 Speaker 1: the anxiety, he had the only really awful series in 49 00:03:22,040 --> 00:03:28,320 Speaker 1: his entire career. Yes, Lebron James, we're going to bring 50 00:03:28,320 --> 00:03:32,519 Speaker 1: a guest today on that has created an already successful business. 51 00:03:33,120 --> 00:03:37,320 Speaker 1: And the business he had was called Overtime. Now, if 52 00:03:37,400 --> 00:03:40,800 Speaker 1: you have not heard of Overtime, you're probably over fifty 53 00:03:40,880 --> 00:03:45,200 Speaker 1: years old. Overtime is a sports brand founded five years 54 00:03:45,200 --> 00:03:48,320 Speaker 1: ago by a man named Dan Porter and Zach Wiener. 55 00:03:48,440 --> 00:03:54,080 Speaker 1: Overtime distributed content through all the major social platforms. It 56 00:03:54,120 --> 00:03:57,520 Speaker 1: now has, five years later, nearly fifty million followers two 57 00:03:57,560 --> 00:04:00,840 Speaker 1: billion views a month. The account The time accounts show 58 00:04:00,920 --> 00:04:04,560 Speaker 1: highlights from top high school athletes. Trey Young, by the way, 59 00:04:04,920 --> 00:04:09,160 Speaker 1: got his initial exposure through Overtime, and then five years later. 60 00:04:09,200 --> 00:04:13,200 Speaker 1: This year, Overtime announced it was forming a new professional 61 00:04:13,240 --> 00:04:17,400 Speaker 1: basketball league called Overtime Elite that will launch in about 62 00:04:17,440 --> 00:04:20,720 Speaker 1: seven weeks. The league will pay sixteen, seventeen and eighteen 63 00:04:20,760 --> 00:04:23,680 Speaker 1: year olds to play basketball in Atlanta. The players will 64 00:04:23,760 --> 00:04:26,279 Speaker 1: receive at least one hundred grand salary and equity in 65 00:04:26,279 --> 00:04:29,400 Speaker 1: the league. They can forego high school, they can forego 66 00:04:29,520 --> 00:04:33,640 Speaker 1: college basketball and the G League. Kevin Durant, David Stern, 67 00:04:33,720 --> 00:04:38,560 Speaker 1: the late David Stern, both investors. Not only is Overtime 68 00:04:38,720 --> 00:04:44,400 Speaker 1: a raging success, I believe Overtime Elite, as we describe 69 00:04:44,400 --> 00:04:48,000 Speaker 1: it to you, the nurturing of sixteen seventeen year old 70 00:04:48,040 --> 00:04:52,640 Speaker 1: athletes a choice they didn't previously had, will fundamentally within 71 00:04:52,720 --> 00:04:59,440 Speaker 1: a decade change basketball. It has almost a European academy 72 00:04:59,720 --> 00:05:03,680 Speaker 1: fe yield to it. It is a fascinating business and 73 00:05:03,760 --> 00:05:06,440 Speaker 1: I wish I had the money to invest. And so 74 00:05:06,520 --> 00:05:09,159 Speaker 1: now Dan is joining us with the Overtime Elite Basketball 75 00:05:09,200 --> 00:05:13,520 Speaker 1: League debuting in September. So, first of all, give me 76 00:05:13,839 --> 00:05:20,159 Speaker 1: Dan your kitchen table moment. You were an executive, a 77 00:05:20,240 --> 00:05:23,200 Speaker 1: very successful guy. The kitchen table moment with you and 78 00:05:23,279 --> 00:05:28,560 Speaker 1: Zach when you said, why didn't we think of this before? Well, 79 00:05:28,560 --> 00:05:32,120 Speaker 1: I'll give it to you for both overtime and overtime elite. 80 00:05:33,120 --> 00:05:37,720 Speaker 1: And I loved your iPhone example in the beginning because 81 00:05:38,480 --> 00:05:41,600 Speaker 1: when Apple and Microsoft both kind of were thinking about 82 00:05:41,720 --> 00:05:46,000 Speaker 1: going into that business, they thought, well, the cell phone 83 00:05:46,040 --> 00:05:49,400 Speaker 1: business is small, so how big can that be? And 84 00:05:49,440 --> 00:05:51,640 Speaker 1: I think what Steve Jobs understood is he was actually 85 00:05:51,640 --> 00:05:54,839 Speaker 1: in the personal computer business and everyone else was looking 86 00:05:54,960 --> 00:05:58,080 Speaker 1: at the wrong market. And so in a way, I 87 00:05:58,120 --> 00:06:01,120 Speaker 1: think when people looked at us thought like, oh, you 88 00:06:01,160 --> 00:06:03,400 Speaker 1: must be in the live rights business, because that's all 89 00:06:03,440 --> 00:06:06,039 Speaker 1: the matters. And I was like, I'm in the fan business. 90 00:06:06,160 --> 00:06:09,320 Speaker 1: I'm in the social distribution business, and that's a different 91 00:06:09,360 --> 00:06:12,839 Speaker 1: business and it's way bigger and for us. It started 92 00:06:12,839 --> 00:06:17,919 Speaker 1: when I worked at Endeavor William Morris Endeavor WMIMG and 93 00:06:18,080 --> 00:06:21,039 Speaker 1: I was running the digital talent division. I had started 94 00:06:21,360 --> 00:06:25,040 Speaker 1: and sold some companies before that, and I went in 95 00:06:25,120 --> 00:06:27,359 Speaker 1: and I started talking to the major sports leagues in 96 00:06:27,360 --> 00:06:30,760 Speaker 1: twenty thirteen, twenty fourteen. And they're very smart, and they 97 00:06:30,880 --> 00:06:34,160 Speaker 1: do an insane amount of research and they all basically said, like, 98 00:06:34,200 --> 00:06:37,400 Speaker 1: we're really concerned about the next generation of fans, right, 99 00:06:37,600 --> 00:06:42,600 Speaker 1: you know, you have you know, MBA and NFL fans, 100 00:06:42,720 --> 00:06:46,560 Speaker 1: like young people picking their favorite team based on playing 101 00:06:46,560 --> 00:06:49,960 Speaker 1: two K and Maddy and I grew up in Philadelphia, 102 00:06:50,080 --> 00:06:51,920 Speaker 1: like you didn't have a choice you're an Eagles fan, 103 00:06:52,000 --> 00:06:53,960 Speaker 1: or like your neighbor would beat you up. Like the 104 00:06:54,040 --> 00:06:56,960 Speaker 1: idea that I was like, oh, you know, I think 105 00:06:56,960 --> 00:06:59,640 Speaker 1: the Saints look amazing. I love their uniform because I 106 00:06:59,720 --> 00:07:02,000 Speaker 1: played them. Every time I play bad, They're going to 107 00:07:02,080 --> 00:07:05,080 Speaker 1: be my favorite team. Like that was not a narrative 108 00:07:05,120 --> 00:07:07,200 Speaker 1: that ever happened. And why do we care about that? 109 00:07:07,279 --> 00:07:10,160 Speaker 1: We care about that because cities rely on fans to 110 00:07:10,320 --> 00:07:15,200 Speaker 1: watch local broadcast, to come to games, to fill those games, 111 00:07:15,320 --> 00:07:17,400 Speaker 1: And so it was clear that the nature of the 112 00:07:17,440 --> 00:07:20,400 Speaker 1: fan was changing. It was clear that the access, like 113 00:07:20,600 --> 00:07:22,239 Speaker 1: we have less than half the people in this country 114 00:07:22,240 --> 00:07:25,840 Speaker 1: have camp television, and so their ability to watch and 115 00:07:25,880 --> 00:07:27,920 Speaker 1: it's like, oh is that game blaqued out? How do 116 00:07:28,000 --> 00:07:29,960 Speaker 1: I watch that other game? And all that type of 117 00:07:30,000 --> 00:07:33,640 Speaker 1: stuff like that, And it's clear that you know, the 118 00:07:33,800 --> 00:07:39,240 Speaker 1: viewer now, who's eighteen, twenty twenty four. Even us, we 119 00:07:39,320 --> 00:07:42,440 Speaker 1: have so much choice that we've never had before. Right, 120 00:07:42,440 --> 00:07:44,720 Speaker 1: we can watch Netflix, we can watch Game of Thrones, 121 00:07:45,080 --> 00:07:49,200 Speaker 1: we can listen to five different podcasts on con Cowhard's 122 00:07:49,240 --> 00:07:52,760 Speaker 1: podcast network. We can play Fortnite like Call of Duty. 123 00:07:52,840 --> 00:07:55,040 Speaker 1: Like there's so many things. And I remember I went 124 00:07:55,960 --> 00:07:57,920 Speaker 1: to Europe and I sat with like one of the 125 00:07:57,960 --> 00:08:01,480 Speaker 1: most famous soccer football code which is of all time, 126 00:08:01,560 --> 00:08:03,360 Speaker 1: and he's like, look, I'm worried in ten years that 127 00:08:03,440 --> 00:08:05,360 Speaker 1: every kid who grew up playing Fortnite isn't going to 128 00:08:05,400 --> 00:08:07,840 Speaker 1: be filling the stadium. And so you kind of set 129 00:08:07,880 --> 00:08:11,040 Speaker 1: away from that and you think, okay, well, there's not 130 00:08:11,080 --> 00:08:14,040 Speaker 1: a lot of opportunities in sports. Here I am. I'm 131 00:08:14,080 --> 00:08:18,160 Speaker 1: representing like all the biggest creators, YouTubers, Instagrammers. I mean, 132 00:08:18,200 --> 00:08:21,160 Speaker 1: these people have billions of views, and here sports is 133 00:08:21,280 --> 00:08:24,280 Speaker 1: is saying like, oh my gosh, we're worried about the future. 134 00:08:24,560 --> 00:08:27,440 Speaker 1: And the future isn't like getting a cool YouTuber to 135 00:08:27,480 --> 00:08:29,920 Speaker 1: come to a game and be like, hey, kids, football's cool. 136 00:08:29,960 --> 00:08:32,600 Speaker 1: You should start sitting for three hours on your couch 137 00:08:33,360 --> 00:08:37,920 Speaker 1: and you know, watching. And so it was clear that 138 00:08:38,000 --> 00:08:42,280 Speaker 1: each generation need a different story, a different narrative, and 139 00:08:42,360 --> 00:08:45,160 Speaker 1: we thought between the fact that Zach at that time 140 00:08:45,240 --> 00:08:47,040 Speaker 1: was twenty four to twenty five, and this was his 141 00:08:47,120 --> 00:08:50,120 Speaker 1: generation and the fact that I had this experience running 142 00:08:50,160 --> 00:08:53,160 Speaker 1: these companies and then was representing all these big creators 143 00:08:53,360 --> 00:08:55,960 Speaker 1: that we could create something that was really different. And 144 00:08:56,080 --> 00:09:00,160 Speaker 1: what's interesting is that we basically had to look for 145 00:09:00,240 --> 00:09:03,560 Speaker 1: where our opportunity was. So if everybody was index on 146 00:09:03,640 --> 00:09:07,040 Speaker 1: live sports, we went and indexed on social you know, 147 00:09:07,280 --> 00:09:10,400 Speaker 1: if everybody was like the only thing that matters is 148 00:09:10,640 --> 00:09:14,280 Speaker 1: you know, pro sports were like, let's find opportunities which 149 00:09:14,360 --> 00:09:17,240 Speaker 1: people in areas of people don't think about. People didn't 150 00:09:17,280 --> 00:09:20,000 Speaker 1: think in twenty fourteen that you could build a big 151 00:09:20,040 --> 00:09:22,800 Speaker 1: sports business on top of every social platform. They didn't 152 00:09:22,800 --> 00:09:25,400 Speaker 1: think anybody cared about a bunch of kids in high school. 153 00:09:25,520 --> 00:09:27,240 Speaker 1: And if I say it, like, they don't care about 154 00:09:27,280 --> 00:09:28,920 Speaker 1: a bunch of kids in high school, they don't care 155 00:09:28,920 --> 00:09:30,800 Speaker 1: about a bunch of kids in high school, And I think, 156 00:09:30,840 --> 00:09:33,720 Speaker 1: what we understand. But if I say this is Iam Williamson, 157 00:09:33,960 --> 00:09:37,839 Speaker 1: this guy is literally pulverizing rims, and I'm going to 158 00:09:37,920 --> 00:09:41,040 Speaker 1: show you stuff that happens, and it's going to feel amazing. 159 00:09:41,880 --> 00:09:43,840 Speaker 1: All of a sudden, they care. And part of the 160 00:09:43,880 --> 00:09:48,160 Speaker 1: secret of overtime was almost the antithesis about everything that 161 00:09:48,240 --> 00:09:50,280 Speaker 1: we know about sports. So what do we like to 162 00:09:50,320 --> 00:09:53,000 Speaker 1: talk about? What place are they in? What's their one 163 00:09:53,040 --> 00:09:55,959 Speaker 1: loss record? Like baseball? How many games out are they? 164 00:09:56,440 --> 00:09:59,839 Speaker 1: You know, what's his percentage from the free throw? Li 165 00:10:00,840 --> 00:10:04,200 Speaker 1: When you start to talk about a player nobody's heard about, 166 00:10:04,520 --> 00:10:08,160 Speaker 1: like it makes people not care. Like if I show 167 00:10:08,640 --> 00:10:11,720 Speaker 1: Zion or LaMelo Ball or any of these young players 168 00:10:11,760 --> 00:10:14,480 Speaker 1: who are coming out, nobody knows what place their team 169 00:10:14,600 --> 00:10:16,440 Speaker 1: is in. They don't know what league there, and they 170 00:10:16,440 --> 00:10:18,840 Speaker 1: don't even know a team they play in. Right, They're like, 171 00:10:19,040 --> 00:10:21,800 Speaker 1: this is a dope story about a bunch of cool kids. 172 00:10:21,800 --> 00:10:23,440 Speaker 1: I want to be like that kid. And by the way, 173 00:10:23,480 --> 00:10:25,720 Speaker 1: I saw him before he was in the NBA draft. 174 00:10:26,040 --> 00:10:28,880 Speaker 1: And so, in a weird way, taking all the preconceptions 175 00:10:28,880 --> 00:10:31,199 Speaker 1: that we have the only thing that matters is pro sports, 176 00:10:31,240 --> 00:10:33,680 Speaker 1: The only thing that matters is live games, and everybody 177 00:10:33,720 --> 00:10:36,800 Speaker 1: cares about stats and standings and everything else, and essentially 178 00:10:36,840 --> 00:10:39,080 Speaker 1: turning those on our head. That's kind of how we 179 00:10:39,160 --> 00:10:44,640 Speaker 1: snuck up on everyone. And then you create overtime elite 180 00:10:44,720 --> 00:10:48,640 Speaker 1: basketball league that doesn't you're gonna go in. You have 181 00:10:48,679 --> 00:10:52,400 Speaker 1: a huge facility in Atlanta, and essentially what you're gonna do. 182 00:10:53,280 --> 00:10:57,040 Speaker 1: And this is where I don't understand how you do it? 183 00:10:57,920 --> 00:11:00,959 Speaker 1: How do you? Because Nike, he's in this business. They 184 00:11:00,960 --> 00:11:03,040 Speaker 1: go find fourteen year olds that are great. Twelve year 185 00:11:03,080 --> 00:11:06,320 Speaker 1: old they find Dwight Howard when he's eleven. You're gonna 186 00:11:06,320 --> 00:11:10,160 Speaker 1: go find elite high school basketball players and say, don't 187 00:11:10,160 --> 00:11:12,840 Speaker 1: go to college, don't go to the G League. Come 188 00:11:12,880 --> 00:11:17,480 Speaker 1: to overtime elite like an academy in Europe, right, and 189 00:11:17,640 --> 00:11:20,480 Speaker 1: you're going to stay there for so the players do 190 00:11:20,559 --> 00:11:22,760 Speaker 1: they come to you or do you go scout and 191 00:11:22,800 --> 00:11:26,439 Speaker 1: find them? Yeah, it's a good question. So the first 192 00:11:26,480 --> 00:11:30,120 Speaker 1: thing I want to say is like, I am pro college, 193 00:11:30,520 --> 00:11:33,440 Speaker 1: I'm pro the G League, I'm pro everything. I think 194 00:11:33,480 --> 00:11:37,360 Speaker 1: for us, we wanted to create another choice and another option, 195 00:11:37,400 --> 00:11:39,880 Speaker 1: and I feel like there's literally nothing more American than 196 00:11:39,920 --> 00:11:43,360 Speaker 1: having freedom of choice. And three or four years ago 197 00:11:43,480 --> 00:11:45,880 Speaker 1: you had one choice, right used to at least be 198 00:11:45,920 --> 00:11:47,640 Speaker 1: able to go to the NBA out of high school. 199 00:11:47,640 --> 00:11:49,560 Speaker 1: Your choice was you had to go play one and done, 200 00:11:49,880 --> 00:11:51,640 Speaker 1: or you had to be like one of one of 201 00:11:51,640 --> 00:11:54,320 Speaker 1: a million players and go play in Europe. And lack 202 00:11:54,320 --> 00:11:57,120 Speaker 1: of choice is bad because every player is different, every 203 00:11:57,120 --> 00:12:00,240 Speaker 1: young person is different, every family situation is different, and 204 00:12:00,280 --> 00:12:02,520 Speaker 1: so we just wanted to offer a choice that was 205 00:12:02,960 --> 00:12:08,120 Speaker 1: different from college and where you know, you said, you 206 00:12:08,160 --> 00:12:10,480 Speaker 1: said this stuff about the G League. I think the 207 00:12:10,520 --> 00:12:12,320 Speaker 1: point about the G League is the G League is 208 00:12:12,320 --> 00:12:15,200 Speaker 1: a development league. It's not a media property, right Like, 209 00:12:15,240 --> 00:12:19,520 Speaker 1: it's a great option for to develop players, to stash players, 210 00:12:19,520 --> 00:12:22,760 Speaker 1: to do things like that. But at the core, team 211 00:12:22,760 --> 00:12:25,439 Speaker 1: owners own an NBA team, they don't need a competing 212 00:12:25,520 --> 00:12:28,200 Speaker 1: media product for you know, their NBA team, that's a 213 00:12:28,200 --> 00:12:31,600 Speaker 1: fantastic media product. But for us, you know, we can 214 00:12:31,600 --> 00:12:33,960 Speaker 1: do both. We can offer an option to players. We 215 00:12:34,120 --> 00:12:36,800 Speaker 1: scout players. We were coup players. Players reach out to us. 216 00:12:37,040 --> 00:12:41,120 Speaker 1: We're international, right you know, you think about who won 217 00:12:41,160 --> 00:12:43,760 Speaker 1: the MVP. Honest, he didn't go to Duke, you know, 218 00:12:44,520 --> 00:12:47,160 Speaker 1: neither did Luca don Chich. Neither did any of these guys, 219 00:12:47,440 --> 00:12:49,800 Speaker 1: as you know, because you were making the academy references. 220 00:12:50,080 --> 00:12:52,719 Speaker 1: And so for us, we scout players come to us. 221 00:12:52,920 --> 00:12:55,800 Speaker 1: We're trying to find twenty four thirty young people we 222 00:12:55,880 --> 00:12:58,360 Speaker 1: think are going to be pros in the NBA or abroad. 223 00:12:58,720 --> 00:13:01,720 Speaker 1: We want to give them essentially the Juilliard of basketball 224 00:13:02,200 --> 00:13:04,880 Speaker 1: with education around that. Now we want to create a 225 00:13:04,880 --> 00:13:09,079 Speaker 1: dope media product like you have like the best voice 226 00:13:09,080 --> 00:13:11,760 Speaker 1: for radio, Like you should come down and call a 227 00:13:11,760 --> 00:13:15,040 Speaker 1: game for us, because I don't need another version of 228 00:13:15,080 --> 00:13:18,640 Speaker 1: Marv Altbert, Like Marve Albert's amazing and like all that stuff. 229 00:13:18,679 --> 00:13:20,840 Speaker 1: I go on a catatonic stupor when I hear those 230 00:13:20,880 --> 00:13:23,960 Speaker 1: announcers because it makes me feel like I'm in the seventies, 231 00:13:23,960 --> 00:13:27,120 Speaker 1: eighties and nineties and a five but like that hasn't changed. 232 00:13:27,559 --> 00:13:29,959 Speaker 1: Like I could watch a game now and it feels 233 00:13:30,000 --> 00:13:32,640 Speaker 1: like I'm watching a game in nineteen seventy nine, except 234 00:13:32,640 --> 00:13:36,000 Speaker 1: Howard Cosell is dead. Like there's really almost no change 235 00:13:36,080 --> 00:13:39,160 Speaker 1: or innovation in the whole nature of the broadcast. And 236 00:13:39,200 --> 00:13:41,720 Speaker 1: I think for us, we have this amazing thing. We 237 00:13:41,760 --> 00:13:44,360 Speaker 1: can take the players, we can train them, and we 238 00:13:44,400 --> 00:13:46,440 Speaker 1: can pay them because they want to make money now, 239 00:13:47,000 --> 00:13:49,600 Speaker 1: and we can create a media product around it because 240 00:13:49,600 --> 00:13:51,440 Speaker 1: we don't have to touch what's on the court. Right 241 00:13:51,480 --> 00:13:53,400 Speaker 1: we don't have a five point shot or at ten 242 00:13:53,440 --> 00:13:56,040 Speaker 1: point shot. We could change the way it's filmed, which 243 00:13:56,080 --> 00:13:58,120 Speaker 1: is why we built our own kind of sound stage, 244 00:13:58,160 --> 00:14:00,760 Speaker 1: our show court to plan we can change way it's called. 245 00:14:00,800 --> 00:14:03,080 Speaker 1: We can change the way the fans engage. Like we 246 00:14:03,200 --> 00:14:06,200 Speaker 1: have almost like a blank whiteboard in terms of our 247 00:14:06,200 --> 00:14:09,320 Speaker 1: ability to create innovation around that. And if you ask me, 248 00:14:09,360 --> 00:14:11,160 Speaker 1: how do you know when you're successful? I feel like 249 00:14:11,200 --> 00:14:14,680 Speaker 1: we'll be successful when other leagues copy stuff that we've done. 250 00:14:15,040 --> 00:14:18,319 Speaker 1: If you look at Instagram now Sports Center House to highlights, 251 00:14:18,360 --> 00:14:21,840 Speaker 1: those guys they look like overtime like. They use our captions, 252 00:14:21,960 --> 00:14:24,600 Speaker 1: they use our videos. So I consider that success. Does 253 00:14:24,640 --> 00:14:27,320 Speaker 1: it annoy me absolutely? But like the fact that in 254 00:14:27,400 --> 00:14:30,920 Speaker 1: four years we could create innovation about visual and what 255 00:14:30,960 --> 00:14:33,520 Speaker 1: text looks like there. I think that that's some of 256 00:14:33,560 --> 00:14:40,320 Speaker 1: the power. Fandel Sports Book is hooking up new users 257 00:14:40,360 --> 00:14:44,120 Speaker 1: with an epic summer games bonus. Just place your first 258 00:14:44,120 --> 00:14:47,320 Speaker 1: bet on any summer games sport risk free, risk free, 259 00:14:47,560 --> 00:14:49,800 Speaker 1: that's right, New users up to a thousand bucks back 260 00:14:49,840 --> 00:14:53,520 Speaker 1: in site credit if your first bet doesn't win, to 261 00:14:53,600 --> 00:14:56,160 Speaker 1: get just started. 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You guys recently signed a player, 279 00:15:57,080 --> 00:16:01,200 Speaker 1: Jalen Lewis, So that's your biggest He's the number two 280 00:16:01,280 --> 00:16:04,120 Speaker 1: prospect in the twenty twenty three Class five star recruit. 281 00:16:04,720 --> 00:16:09,440 Speaker 1: You signed him for a million dollars. So when you 282 00:16:09,560 --> 00:16:12,440 Speaker 1: sold him, what were his reservations that he go? What 283 00:16:12,520 --> 00:16:16,840 Speaker 1: about Duke? What about Gelie? Were there reservations? How did 284 00:16:16,840 --> 00:16:21,240 Speaker 1: you get through to him a parental? You know, a parent, 285 00:16:21,800 --> 00:16:25,320 Speaker 1: because I would anytime you pitch anybody on a new idea, 286 00:16:25,600 --> 00:16:29,200 Speaker 1: there's pushback. Well, I Zion did this, and Jalen Suggs 287 00:16:29,240 --> 00:16:32,680 Speaker 1: did this, and Jalen Green did this. What was the 288 00:16:32,760 --> 00:16:37,360 Speaker 1: moment you sold him on overtime Elite, a new basketball experience? 289 00:16:37,880 --> 00:16:41,400 Speaker 1: The moment? How did it happen? Yeah? No, you're one 290 00:16:41,440 --> 00:16:45,480 Speaker 1: hundred percent correct. And the thing I always think the 291 00:16:45,520 --> 00:16:48,000 Speaker 1: most slack on and Twitter is I always go out 292 00:16:48,000 --> 00:16:50,000 Speaker 1: and I say, look, are we paying these players? Yes, 293 00:16:50,400 --> 00:16:52,800 Speaker 1: but you think they're making the decision because it's about 294 00:16:52,800 --> 00:16:55,360 Speaker 1: the bag. But it's not always about the bag. And 295 00:16:55,560 --> 00:16:57,240 Speaker 1: if I say that, I'm always going to get a 296 00:16:57,320 --> 00:17:00,240 Speaker 1: hundred responses, Oh yeah, it's always about the bag one 297 00:17:00,360 --> 00:17:02,840 Speaker 1: or you naive, you know? And look, we all do 298 00:17:02,960 --> 00:17:04,720 Speaker 1: lots of things for money, and there are other things 299 00:17:04,720 --> 00:17:06,600 Speaker 1: that we do that don't make any sense, that have 300 00:17:06,680 --> 00:17:08,439 Speaker 1: nothing to do with money, that have to do with 301 00:17:08,480 --> 00:17:10,960 Speaker 1: our personal values or how we want to allocate our time. 302 00:17:11,320 --> 00:17:14,240 Speaker 1: I would say it's a couple of things. Number one 303 00:17:14,400 --> 00:17:17,360 Speaker 1: is that high school is a great experience, but it's 304 00:17:17,400 --> 00:17:20,840 Speaker 1: not optimized for training. The most elite athlete. That's right, right, 305 00:17:20,880 --> 00:17:23,320 Speaker 1: If you're the best violinist in America, you don't go 306 00:17:23,359 --> 00:17:26,760 Speaker 1: to Juilliard, you don't go to your local public school. 307 00:17:27,080 --> 00:17:30,040 Speaker 1: Try in the orchestra there. Number two is that means 308 00:17:30,119 --> 00:17:32,439 Speaker 1: you're like, if you're that good, you're often surrounded by 309 00:17:32,440 --> 00:17:34,520 Speaker 1: players who are not as good as you are, and 310 00:17:34,640 --> 00:17:36,919 Speaker 1: yet you want to be in an environment where every 311 00:17:37,000 --> 00:17:40,240 Speaker 1: day you are competing with a wider and wider variety 312 00:17:40,240 --> 00:17:43,359 Speaker 1: of so Dan that's why AAU was created, essentially so 313 00:17:43,400 --> 00:17:47,560 Speaker 1: you could play against similar players. Yeah, it was, and 314 00:17:47,680 --> 00:17:51,320 Speaker 1: it was created obviously. And when high school is not 315 00:17:51,520 --> 00:17:53,679 Speaker 1: in a session, I would say there's a couple of 316 00:17:53,720 --> 00:17:56,199 Speaker 1: other things. One is and this isn't coming for me. 317 00:17:56,280 --> 00:17:59,000 Speaker 1: This is just coming from the community, like sitting on 318 00:17:59,040 --> 00:18:01,920 Speaker 1: a bus, going to play ten games in a weekend, 319 00:18:02,520 --> 00:18:04,840 Speaker 1: all of these other things like that. I think that 320 00:18:04,920 --> 00:18:08,480 Speaker 1: there's some statistic that, like, you know, you know, if 321 00:18:08,480 --> 00:18:10,520 Speaker 1: you look at that kind of the draft for trust, 322 00:18:10,560 --> 00:18:13,360 Speaker 1: the process and the sixers, I think every single one 323 00:18:13,359 --> 00:18:16,760 Speaker 1: of those players sat out six to twelve months within 324 00:18:16,800 --> 00:18:20,520 Speaker 1: their first one or two years based on injury. And 325 00:18:20,880 --> 00:18:23,720 Speaker 1: so there's this idea that like AU is a great 326 00:18:24,040 --> 00:18:28,040 Speaker 1: alternative for a lot of people. But again, like access 327 00:18:28,080 --> 00:18:31,159 Speaker 1: to high quality training, access to sports science, it's not 328 00:18:31,240 --> 00:18:34,480 Speaker 1: equitably distributed. If you're rich, it is, but if you're 329 00:18:34,480 --> 00:18:36,240 Speaker 1: not rich, you don't have access to that. We all 330 00:18:36,280 --> 00:18:38,760 Speaker 1: know Lebron spends a million dollars a year on his body. 331 00:18:39,200 --> 00:18:41,560 Speaker 1: They call it prehab or is one of the parents 332 00:18:41,560 --> 00:18:43,920 Speaker 1: said to me, I always tell my son, you only 333 00:18:44,000 --> 00:18:47,679 Speaker 1: have so many jumps in you. So to create a 334 00:18:47,680 --> 00:18:52,520 Speaker 1: program that's guided around that, that's optimized. Again, college, you know, 335 00:18:52,600 --> 00:18:54,760 Speaker 1: when the season is not in session, I think you 336 00:18:54,760 --> 00:18:57,280 Speaker 1: can only practice for two or four hours a week. 337 00:18:57,280 --> 00:19:00,479 Speaker 1: They're all of these restrictions. Scouts can't come in building, 338 00:19:00,520 --> 00:19:02,680 Speaker 1: you can't do this, you can't do that. We don't 339 00:19:02,680 --> 00:19:05,520 Speaker 1: have any of those restrictions. So we are a temple 340 00:19:05,960 --> 00:19:09,639 Speaker 1: for elite training in basketball. And then we take you 341 00:19:09,680 --> 00:19:11,760 Speaker 1: think about the high school education system. I could think 342 00:19:11,840 --> 00:19:13,520 Speaker 1: back to the athletes I went to high school with. 343 00:19:13,760 --> 00:19:15,439 Speaker 1: You know, there's a guy with this backpack on the 344 00:19:15,440 --> 00:19:18,240 Speaker 1: floor at seven thirty in the morning. He's probably really tall, 345 00:19:18,280 --> 00:19:20,480 Speaker 1: as legs are kind of stretched out on the floor. 346 00:19:20,640 --> 00:19:22,639 Speaker 1: He's like in the back of a thirty five person 347 00:19:22,720 --> 00:19:25,720 Speaker 1: classroom with the teacher who's doing their best to reach everyone, 348 00:19:26,080 --> 00:19:29,040 Speaker 1: but it's not really optimized for them. And so the 349 00:19:29,080 --> 00:19:32,879 Speaker 1: idea that you can let somebody train play with great 350 00:19:32,880 --> 00:19:37,320 Speaker 1: people year round, be compensated, have access to education that's 351 00:19:37,359 --> 00:19:40,439 Speaker 1: customized for them, that's one to one, have access to 352 00:19:40,520 --> 00:19:44,480 Speaker 1: real like financial literacy, you know, money management. I make 353 00:19:44,520 --> 00:19:47,439 Speaker 1: all the kids like, I'm like, you guys need to 354 00:19:47,800 --> 00:19:50,560 Speaker 1: I'm bringing this guy through the facility. You need to say, hello, 355 00:19:50,880 --> 00:19:53,800 Speaker 1: mister Calherd, how are you? I follow you. I'm going 356 00:19:53,880 --> 00:19:55,840 Speaker 1: to hit you up. I have questions for you, like 357 00:19:56,000 --> 00:19:59,680 Speaker 1: all of that training. And it's what's amazing is like 358 00:20:00,280 --> 00:20:03,720 Speaker 1: you talk to the young players and they say, I'm 359 00:20:03,760 --> 00:20:08,680 Speaker 1: interested in three things basketball, business, and brand. And I think, 360 00:20:08,720 --> 00:20:10,800 Speaker 1: like when I was eighteen or nineteen, I didn't know 361 00:20:10,840 --> 00:20:13,360 Speaker 1: a brand man. I had no clue. I barely knew 362 00:20:13,400 --> 00:20:15,159 Speaker 1: what businessman. I thought business meant you were a real 363 00:20:15,280 --> 00:20:19,520 Speaker 1: estate agent. And so these kids are so tuned in 364 00:20:19,560 --> 00:20:21,800 Speaker 1: on it. And look at this year's draft, Right, did 365 00:20:21,840 --> 00:20:24,120 Speaker 1: Jayalen Green go to high school? I mean go to college? 366 00:20:24,280 --> 00:20:27,200 Speaker 1: He did not, And yet he's like hanging out with Drake. 367 00:20:27,440 --> 00:20:30,720 Speaker 1: He's got a sneaker deal, Like apparently he did just 368 00:20:30,920 --> 00:20:34,159 Speaker 1: fine by not having to have that exposure and everything 369 00:20:34,160 --> 00:20:37,359 Speaker 1: else like that, And I think it's a tremendous proofcase. Well, 370 00:20:37,680 --> 00:20:41,360 Speaker 1: why this would be attractive to me? G League travel 371 00:20:41,880 --> 00:20:45,879 Speaker 1: over time, elite don't have it AAU, you're not getting 372 00:20:45,880 --> 00:20:49,960 Speaker 1: really elite coaching. So essentially, if I was a kid 373 00:20:50,000 --> 00:20:53,360 Speaker 1: and I'm sixteen, I go to this facility in Atlanta, 374 00:20:53,440 --> 00:20:57,119 Speaker 1: you have this massive facility. That's where I stayed. The 375 00:20:57,200 --> 00:21:00,480 Speaker 1: game's come to me. I'm not in a bus a flight. 376 00:21:00,840 --> 00:21:04,000 Speaker 1: My coaching is consistent. Like when I first heard about this, 377 00:21:04,080 --> 00:21:06,760 Speaker 1: I thought, oh, this is the future. This is gonna 378 00:21:06,760 --> 00:21:09,639 Speaker 1: put this is and I'm not. I tend to be 379 00:21:09,640 --> 00:21:12,879 Speaker 1: pro college basketball because I do think the advertising platform 380 00:21:13,080 --> 00:21:15,480 Speaker 1: in twenty twenty still has value. I wouldn't know who 381 00:21:15,600 --> 00:21:18,320 Speaker 1: Zion is pro. I'm pro college basketball too. I just 382 00:21:18,359 --> 00:21:22,240 Speaker 1: want there to be choice, right, And so for people 383 00:21:22,280 --> 00:21:24,359 Speaker 1: who are in their mind trying to figure this out 384 00:21:24,359 --> 00:21:29,000 Speaker 1: over time, elite is what I want you to look up. Essentially, 385 00:21:29,080 --> 00:21:33,840 Speaker 1: the player. All the things that take away time from 386 00:21:33,880 --> 00:21:37,600 Speaker 1: me getting better at basketball and branding, they're all eliminated. 387 00:21:37,800 --> 00:21:40,680 Speaker 1: You've eliminated all of them. It's almost like I say 388 00:21:40,720 --> 00:21:43,280 Speaker 1: to my phone. I don't need a role of DECKX. 389 00:21:43,640 --> 00:21:48,040 Speaker 1: I don't need a calendar. Hell I barely need a television. 390 00:21:48,080 --> 00:21:51,120 Speaker 1: I just built a new home. We don't need televisions, 391 00:21:51,200 --> 00:21:55,920 Speaker 1: we need like two. And so I think it seems 392 00:21:55,920 --> 00:22:00,320 Speaker 1: to me when I look at your investors, can see 393 00:22:00,359 --> 00:22:03,320 Speaker 1: the quality of your investors. So David Stern was an 394 00:22:03,359 --> 00:22:07,360 Speaker 1: early investor, a first investor. I was gonna say, how 395 00:22:07,400 --> 00:22:11,840 Speaker 1: long was the sales pitch to him? So, first of all, 396 00:22:11,960 --> 00:22:17,359 Speaker 1: I love David like he was an incredible mentor. He 397 00:22:17,480 --> 00:22:22,320 Speaker 1: gave me more sh blank t than anybody else did. 398 00:22:22,480 --> 00:22:25,080 Speaker 1: Like he was always kind of poking me and needling me, 399 00:22:25,200 --> 00:22:29,160 Speaker 1: but in the best possible way. And it's funny because 400 00:22:29,720 --> 00:22:33,960 Speaker 1: I think that in the beginning, like he's this amazing guy, right, 401 00:22:34,040 --> 00:22:37,159 Speaker 1: like he's a regular guy, and yet he understood digital 402 00:22:37,200 --> 00:22:40,760 Speaker 1: before anybody understood digital. He understood the power of international 403 00:22:41,119 --> 00:22:42,959 Speaker 1: I mean, this is you know, this is our biggest 404 00:22:43,000 --> 00:22:46,000 Speaker 1: international export as a sport. And he pushed that, and 405 00:22:46,040 --> 00:22:48,120 Speaker 1: he pushed me from day one. He used to send 406 00:22:48,119 --> 00:22:52,520 Speaker 1: me photos of newspaper clippings from the Times of India 407 00:22:52,600 --> 00:22:55,280 Speaker 1: ab how people playing basketball in India And He's like, Dan, 408 00:22:55,359 --> 00:22:57,520 Speaker 1: you got to think about this being global, and I 409 00:22:57,520 --> 00:22:59,199 Speaker 1: would say the pitch to him was I think he 410 00:22:59,280 --> 00:23:02,480 Speaker 1: saw it, and he thought like, I don't know a 411 00:23:02,640 --> 00:23:06,840 Speaker 1: hundred percent understand what this is exactly, but I but 412 00:23:06,880 --> 00:23:11,240 Speaker 1: if I understand anything, it's if there's constant change. And 413 00:23:11,359 --> 00:23:14,679 Speaker 1: so I like these guys and I want to make 414 00:23:14,720 --> 00:23:16,840 Speaker 1: a bet on change. And so when we decided to 415 00:23:16,840 --> 00:23:19,679 Speaker 1: talk about overtime a league, he was, you know, he 416 00:23:19,720 --> 00:23:22,160 Speaker 1: was still with us at that time, and I think 417 00:23:23,040 --> 00:23:25,399 Speaker 1: Zach kind of mentioned this idea to him and he 418 00:23:25,480 --> 00:23:28,880 Speaker 1: was like, he said, Zach Dan, I spent thirty years 419 00:23:29,000 --> 00:23:31,440 Speaker 1: running a league. Why would you ever want to do that. 420 00:23:31,440 --> 00:23:36,400 Speaker 1: That's like the stupidest idea I've ever heard. And by 421 00:23:36,440 --> 00:23:38,239 Speaker 1: the end of it, and we kept going at him 422 00:23:38,280 --> 00:23:40,120 Speaker 1: and we would talking about the players and he met 423 00:23:40,200 --> 00:23:42,280 Speaker 1: some of the players and the opportunity in the way 424 00:23:42,320 --> 00:23:46,720 Speaker 1: young people consume content, and at the end he's like, Okay, 425 00:23:47,040 --> 00:23:48,920 Speaker 1: I get it, I get it. I think I think 426 00:23:48,960 --> 00:23:51,000 Speaker 1: this is an idea. And one thing I want to 427 00:23:51,000 --> 00:23:54,040 Speaker 1: add on is I saw your tweet about Simone Files 428 00:23:54,080 --> 00:23:56,560 Speaker 1: and just like the pressure that she was under, and 429 00:23:57,240 --> 00:23:59,640 Speaker 1: I agree with what you said. I mean, I can 430 00:23:59,680 --> 00:24:01,159 Speaker 1: deal with a lot of pressure. I can't deal with 431 00:24:01,160 --> 00:24:04,320 Speaker 1: that much pressure. But think about, like, are we training 432 00:24:04,320 --> 00:24:06,880 Speaker 1: our young athletes. Like if I take you in eleventh 433 00:24:06,880 --> 00:24:10,159 Speaker 1: grade and I start and part of your curriculum is 434 00:24:10,240 --> 00:24:13,119 Speaker 1: mental health, how to manage pressure, how to think about 435 00:24:13,160 --> 00:24:16,159 Speaker 1: all of those things. We just assume that everybody's going 436 00:24:16,240 --> 00:24:18,600 Speaker 1: to know how to be successful at those things, but 437 00:24:18,600 --> 00:24:20,760 Speaker 1: we don't. My kids didn't even get that in high school. 438 00:24:20,800 --> 00:24:22,840 Speaker 1: Nobody was like, here's how you win the mental game 439 00:24:22,880 --> 00:24:25,920 Speaker 1: of life. There's how you manage your emotions, here's how 440 00:24:26,040 --> 00:24:28,200 Speaker 1: you do all of those other things. So I think 441 00:24:28,520 --> 00:24:31,720 Speaker 1: I really really feel a lot of empathy for those 442 00:24:31,760 --> 00:24:34,080 Speaker 1: athletes and the amount of pressure, But I also feel 443 00:24:34,119 --> 00:24:36,040 Speaker 1: like we have to do our part to start training them. 444 00:24:36,200 --> 00:24:38,320 Speaker 1: And if you go and you play in college, no 445 00:24:38,440 --> 00:24:40,880 Speaker 1: college coaches thinking about that. They're thinking about what they're 446 00:24:40,880 --> 00:24:44,359 Speaker 1: paid to think about, which is getting in the NCAA tournament. Okay, 447 00:24:44,320 --> 00:24:47,920 Speaker 1: a couple of basic questions, Yes, where are you getting 448 00:24:47,920 --> 00:24:52,000 Speaker 1: your coaches? So are so all of our coaches are 449 00:24:52,040 --> 00:24:55,160 Speaker 1: either former NBA players or D one coaches. So Kevin 450 00:24:55,200 --> 00:24:58,080 Speaker 1: Allie is our main coach. Yeah, and you know he 451 00:24:58,200 --> 00:25:02,240 Speaker 1: wanted a tournament with Yukon Ryan Gomes, whose Providence is 452 00:25:02,359 --> 00:25:04,880 Speaker 1: leading score of all time. He's one of our coaches. 453 00:25:05,359 --> 00:25:07,879 Speaker 1: Dave Lado, who just coach De Paul and was actually 454 00:25:07,920 --> 00:25:11,320 Speaker 1: the Yukon coach who recruited Kevin Allie and was his coach, 455 00:25:11,440 --> 00:25:15,080 Speaker 1: is our coach. So all of these guys either played 456 00:25:15,119 --> 00:25:19,679 Speaker 1: in the NBA or coach d one and you know Kevin. 457 00:25:20,040 --> 00:25:22,159 Speaker 1: We were on a conference call with Kevin Allie yesterday 458 00:25:22,200 --> 00:25:24,119 Speaker 1: and he told us the story and he said, you 459 00:25:24,160 --> 00:25:27,560 Speaker 1: can imagine, like I made it to the tournament with Yukon. 460 00:25:27,960 --> 00:25:30,479 Speaker 1: We were playing in front of eighty two thousand people, 461 00:25:30,920 --> 00:25:33,200 Speaker 1: like it was the most It was like a powerful 462 00:25:33,240 --> 00:25:36,120 Speaker 1: moment these young men's life. And we had no budget 463 00:25:36,160 --> 00:25:38,800 Speaker 1: to bring their parents to come to the game, and 464 00:25:38,840 --> 00:25:41,320 Speaker 1: so if their parents couldn't afford to come, like they 465 00:25:41,359 --> 00:25:43,639 Speaker 1: didn't come. And he's like, I want to be in 466 00:25:43,640 --> 00:25:46,920 Speaker 1: a situation where we're talking about basketball and we're also 467 00:25:47,000 --> 00:25:49,960 Speaker 1: talking about young men and families. And I think all 468 00:25:50,000 --> 00:25:52,720 Speaker 1: these guys had incredible college and NBA careers and they 469 00:25:52,760 --> 00:25:57,080 Speaker 1: also saw different walls that they ran up against and 470 00:25:57,200 --> 00:26:01,000 Speaker 1: they loved the opportunity to kind of really dig in there. Dan, 471 00:26:01,280 --> 00:26:04,760 Speaker 1: what will be the pitch to get brawny Lebron jameson 472 00:26:04,880 --> 00:26:08,920 Speaker 1: to overtime elite. That's a good question. I mean, when 473 00:26:08,960 --> 00:26:11,640 Speaker 1: your dad is Lebron James, you pretty much have access 474 00:26:11,720 --> 00:26:17,720 Speaker 1: to everything out there. I would say it depends. I mean, 475 00:26:18,080 --> 00:26:20,920 Speaker 1: college is a great opportunity. But I think one of 476 00:26:20,960 --> 00:26:25,240 Speaker 1: the most powerful things that people also don't appreciate is 477 00:26:25,800 --> 00:26:31,080 Speaker 1: you are actually training and playing with twenty four twenty 478 00:26:31,080 --> 00:26:34,600 Speaker 1: five other people who are just like you, and that 479 00:26:34,800 --> 00:26:39,840 Speaker 1: level of kind of brotherhood and it is really unsurpassed. 480 00:26:39,880 --> 00:26:42,199 Speaker 1: Like you have a peer network of people who are 481 00:26:42,240 --> 00:26:45,600 Speaker 1: going through what you're going you have international players who 482 00:26:45,600 --> 00:26:49,919 Speaker 1: are coming from a different perspective, and you're part of 483 00:26:49,960 --> 00:26:52,280 Speaker 1: a community of people who are grinding this. And it's 484 00:26:52,280 --> 00:26:55,080 Speaker 1: not like Lebrony isn't It's not like every player on 485 00:26:55,160 --> 00:26:58,000 Speaker 1: his team is going to the NBA. But like to 486 00:26:58,119 --> 00:27:00,919 Speaker 1: be in that environment where you're surround sounded Now, of 487 00:27:00,920 --> 00:27:03,560 Speaker 1: course he's surrounded by his dad, so he's got access 488 00:27:03,560 --> 00:27:06,119 Speaker 1: to all that, but you're really surrounded by that community 489 00:27:06,200 --> 00:27:09,080 Speaker 1: and that becomes a support network that travels with you 490 00:27:09,240 --> 00:27:11,600 Speaker 1: for your whole life in a really different way. I 491 00:27:11,640 --> 00:27:14,760 Speaker 1: think that's a powerful pitch, and I think that, you know, 492 00:27:15,000 --> 00:27:17,480 Speaker 1: we offer a chance also academically. I mean, he goes 493 00:27:17,480 --> 00:27:20,320 Speaker 1: to a fantastic school, but to really pitch yourself and 494 00:27:20,359 --> 00:27:22,879 Speaker 1: get access to that. But I just believe, like I 495 00:27:22,920 --> 00:27:25,280 Speaker 1: don't try to sell anybody on the program. I'm like, 496 00:27:25,359 --> 00:27:28,200 Speaker 1: this is our program. If you're mature enough and it's 497 00:27:28,240 --> 00:27:29,920 Speaker 1: the right choice for you and it's the right time 498 00:27:30,000 --> 00:27:32,000 Speaker 1: you're life, you should do it. But if your dream 499 00:27:32,080 --> 00:27:33,840 Speaker 1: is to go to Kentucky, you should go to Kentucky. 500 00:27:35,080 --> 00:27:39,440 Speaker 1: This is my takeaway on basketball. The quality of play 501 00:27:40,320 --> 00:27:46,119 Speaker 1: college basketball is the weakest. G League is better. A 502 00:27:46,160 --> 00:27:49,479 Speaker 1: G League team would destroy even the national champions Baylor 503 00:27:50,320 --> 00:27:56,280 Speaker 1: or Gonzaka destroy them. Yes, International is, at times, at 504 00:27:56,320 --> 00:28:00,000 Speaker 1: its best, better than the G League. We just don't 505 00:28:00,080 --> 00:28:02,840 Speaker 1: know much about it. So was my sort of paradigm 506 00:28:02,880 --> 00:28:08,240 Speaker 1: accurate in your opinion? Um? I'm I'm not a basketball 507 00:28:08,320 --> 00:28:12,159 Speaker 1: god looking down on high Um, but I think I 508 00:28:12,160 --> 00:28:15,520 Speaker 1: think you're not wrong. I mean, first of all, there 509 00:28:15,560 --> 00:28:20,560 Speaker 1: are their skill development differences, Like Luca was pro at thirteen, fourteen, 510 00:28:20,600 --> 00:28:23,200 Speaker 1: fifteen years old, like his ability to take his game 511 00:28:23,600 --> 00:28:26,520 Speaker 1: to a different level, while the rest of us were 512 00:28:26,600 --> 00:28:29,439 Speaker 1: like going on a bus after school to run windsprints 513 00:28:29,440 --> 00:28:33,000 Speaker 1: in a gym. It like he's an incredible player, but 514 00:28:33,560 --> 00:28:38,000 Speaker 1: it's it's not a fair comparison. Um. I think that, 515 00:28:38,840 --> 00:28:42,440 Speaker 1: you know, players in this country have an amazing ceiling. 516 00:28:42,440 --> 00:28:45,440 Speaker 1: We're a big country with a big history. But I 517 00:28:45,480 --> 00:28:47,640 Speaker 1: think that the training that they get at the academy 518 00:28:47,720 --> 00:28:52,280 Speaker 1: systems means that it's not an accident that even Team 519 00:28:52,400 --> 00:28:56,040 Speaker 1: USA loses to some other teams, like if you lose 520 00:28:56,080 --> 00:28:58,000 Speaker 1: to France, you also have to remember, like a lot 521 00:28:58,040 --> 00:29:01,000 Speaker 1: of those French players, they went through a French system. 522 00:29:01,160 --> 00:29:04,040 Speaker 1: They have a certain level of chemistry. And we've got 523 00:29:04,040 --> 00:29:06,800 Speaker 1: a bunch of guys who are the greatest in the world, 524 00:29:06,880 --> 00:29:09,520 Speaker 1: but maybe they were one and done or they've they've 525 00:29:09,520 --> 00:29:12,680 Speaker 1: gone through a lot of different types of systems. So 526 00:29:12,720 --> 00:29:15,000 Speaker 1: I think it's true. I think what's powerful about college 527 00:29:15,040 --> 00:29:18,160 Speaker 1: basketball it is the fact that you freaking love the 528 00:29:18,200 --> 00:29:21,480 Speaker 1: school you went to or if you grew up in Spokane, 529 00:29:21,560 --> 00:29:24,680 Speaker 1: you love Gonzaga and the Zags is your life. It 530 00:29:24,680 --> 00:29:27,920 Speaker 1: doesn't really matter who's on the Zags like. You love 531 00:29:28,000 --> 00:29:30,600 Speaker 1: that and that resonates for you. And that's why I 532 00:29:30,640 --> 00:29:33,160 Speaker 1: think that we can exist and be successful. And I 533 00:29:33,240 --> 00:29:36,320 Speaker 1: honestly think when people play three or four years for college, 534 00:29:36,440 --> 00:29:38,840 Speaker 1: it's going to make college basketball better. It's like, you 535 00:29:38,880 --> 00:29:40,800 Speaker 1: want to invest in those players, and you want to 536 00:29:40,840 --> 00:29:43,280 Speaker 1: go all the way. You don't want to refresh every year, 537 00:29:43,560 --> 00:29:46,040 Speaker 1: and you want those stories of the walk Ons, and 538 00:29:46,120 --> 00:29:48,480 Speaker 1: you want those things because it has a different resonance. 539 00:29:48,520 --> 00:29:51,440 Speaker 1: It's not purely about the number of points, but about 540 00:29:51,480 --> 00:29:53,760 Speaker 1: your passion. That's why I always say the NCAA Tournament 541 00:29:53,840 --> 00:29:56,480 Speaker 1: is so great to watch because they actually cry when 542 00:29:56,520 --> 00:29:59,280 Speaker 1: their team loses. You know, you always see those kids 543 00:29:59,280 --> 00:30:02,480 Speaker 1: in the band, they're crying and their face paint is running. 544 00:30:02,640 --> 00:30:09,520 Speaker 1: It's because they feel so emotional about it. So right now, 545 00:30:09,520 --> 00:30:13,160 Speaker 1: in the NBA, you can't go high school immediately to 546 00:30:13,200 --> 00:30:15,440 Speaker 1: the NBA. You've got to spend a year in college, 547 00:30:15,440 --> 00:30:18,040 Speaker 1: a year overseas, or a year in the G League. Yeah, 548 00:30:18,160 --> 00:30:19,760 Speaker 1: or you could do nothing for a year. You can 549 00:30:19,840 --> 00:30:24,800 Speaker 1: just train on your own. So what is the earliest 550 00:30:26,280 --> 00:30:29,880 Speaker 1: your business overtime elite will sign a player. What if 551 00:30:29,880 --> 00:30:33,400 Speaker 1: a kid is thirteen and he is simply Luca domestically, 552 00:30:34,920 --> 00:30:38,080 Speaker 1: I would say a couple of things. One is, even 553 00:30:38,120 --> 00:30:41,520 Speaker 1: if he's Luca, thirteen is a little young, I think 554 00:30:41,760 --> 00:30:44,600 Speaker 1: people deserve to spend more time with their families and 555 00:30:45,200 --> 00:30:49,040 Speaker 1: grow and develop in their family system at that point. 556 00:30:49,480 --> 00:30:52,920 Speaker 1: I think also there's a big difference between thirteen year 557 00:30:52,960 --> 00:30:55,760 Speaker 1: olds and sixteen year olds and twenty year olds, and 558 00:30:55,800 --> 00:30:57,520 Speaker 1: so I think when you have a core that's in 559 00:30:57,520 --> 00:31:01,640 Speaker 1: that kind of sixteen to eighteen age range, they're physically 560 00:31:01,680 --> 00:31:04,440 Speaker 1: better match for each other, which means the level of 561 00:31:04,520 --> 00:31:08,040 Speaker 1: competition in the league and in the training is better. 562 00:31:08,560 --> 00:31:11,800 Speaker 1: And I think for us, like there are seventeen year 563 00:31:11,800 --> 00:31:14,360 Speaker 1: olds who are not emotionally ready to do this, and 564 00:31:14,400 --> 00:31:17,280 Speaker 1: there are sixteen year olds who are absolutely emotionally ready 565 00:31:17,320 --> 00:31:20,280 Speaker 1: to do this, And that's a huge factor I think 566 00:31:20,520 --> 00:31:23,400 Speaker 1: on even at a pure talent basis, emotionally you're not 567 00:31:23,440 --> 00:31:25,200 Speaker 1: ready to do something at this at least for our 568 00:31:25,200 --> 00:31:30,120 Speaker 1: program at fourteen or fifteen, Dan, give me an ideal 569 00:31:32,320 --> 00:31:37,240 Speaker 1: overtime elite player you recruit, he comes to overtime Elite 570 00:31:37,280 --> 00:31:39,960 Speaker 1: in Atlanta and then he leaves for the NBA. Give 571 00:31:40,000 --> 00:31:43,479 Speaker 1: me the years and let's say the ideal situation in 572 00:31:43,520 --> 00:31:46,160 Speaker 1: your vision initially, and so I think I talked to 573 00:31:46,160 --> 00:31:49,400 Speaker 1: our basketball operations team. They feel like they need at 574 00:31:49,440 --> 00:31:51,920 Speaker 1: least two years. I mean they can do it in 575 00:31:51,960 --> 00:31:55,080 Speaker 1: one year, but two years to really between the education 576 00:31:55,160 --> 00:31:57,760 Speaker 1: and training and everything else like that to mold a player. 577 00:31:58,080 --> 00:32:01,920 Speaker 1: So I'd say, you know, sixteen or seventeen years old. 578 00:32:03,240 --> 00:32:07,240 Speaker 1: You know, we all look at rankings, and obviously we 579 00:32:07,280 --> 00:32:09,680 Speaker 1: signed Jalen and we get a ton of adulation because 580 00:32:09,680 --> 00:32:13,640 Speaker 1: he's ranked number two. But rankings are not perfect. It's 581 00:32:13,640 --> 00:32:15,960 Speaker 1: hard to see all the players. A lot of times 582 00:32:16,040 --> 00:32:20,120 Speaker 1: rankings are driven by which colleges are recruiting them. So 583 00:32:20,160 --> 00:32:22,720 Speaker 1: we have our own we have our own proprietary system 584 00:32:23,240 --> 00:32:25,720 Speaker 1: because look, I mean, you know, look at a player 585 00:32:25,800 --> 00:32:28,520 Speaker 1: like Kauai. Look at Trey Young ranked twenty first in 586 00:32:28,640 --> 00:32:32,200 Speaker 1: his class, Like, is he the twenty first in that class? Now? No? 587 00:32:32,800 --> 00:32:35,160 Speaker 1: And so so I think you want to be able 588 00:32:35,200 --> 00:32:38,880 Speaker 1: to be on the ground and ghostie players. You have 589 00:32:38,920 --> 00:32:41,440 Speaker 1: your own analytics based assessment. We have a full inhouse 590 00:32:41,440 --> 00:32:43,440 Speaker 1: on analytics team. So you want to say there is 591 00:32:43,480 --> 00:32:46,760 Speaker 1: a player who you can spend two years with. You know, 592 00:32:46,880 --> 00:32:50,480 Speaker 1: they're they're obviously physically gifted and somewhat physically mature, They're 593 00:32:50,480 --> 00:32:54,400 Speaker 1: emotionally mature. They want to be coached, and they want 594 00:32:54,400 --> 00:32:58,080 Speaker 1: to go pro, and and and They're going to be 595 00:32:58,080 --> 00:33:00,719 Speaker 1: a fun player to watch, people are going to care 596 00:33:00,720 --> 00:33:03,880 Speaker 1: about them. I think that that's the perfect Mitch mix. 597 00:33:04,000 --> 00:33:06,560 Speaker 1: We will have a couple of players who go to 598 00:33:06,600 --> 00:33:10,080 Speaker 1: the draft next year because of you know, we're in 599 00:33:10,080 --> 00:33:12,560 Speaker 1: our first year, so we're taking We have some players 600 00:33:12,600 --> 00:33:15,840 Speaker 1: who are eighteen. Jean Montero, I think we'll go to 601 00:33:15,880 --> 00:33:18,600 Speaker 1: the draft next year. He's a phenomenal player. He's signed 602 00:33:18,640 --> 00:33:21,680 Speaker 1: by Rich paum Clutch, and he's in our program, and 603 00:33:21,880 --> 00:33:23,800 Speaker 1: I think we'll make a big impact in one year. 604 00:33:23,840 --> 00:33:26,000 Speaker 1: But I would say they would argue that two years 605 00:33:26,280 --> 00:33:29,680 Speaker 1: you're gonna have a level of player that I hope 606 00:33:29,680 --> 00:33:35,800 Speaker 1: the NBA has never seen before. As you go out 607 00:33:36,080 --> 00:33:39,440 Speaker 1: and try to sign players, are you sensing already now 608 00:33:39,480 --> 00:33:43,680 Speaker 1: you debut in September? Are who are you recruiting them against? 609 00:33:43,800 --> 00:33:47,320 Speaker 1: Mike Shashevski. Is it like you know the old stories 610 00:33:47,360 --> 00:33:49,920 Speaker 1: of knocking on doors and the coach leaves and Dan 611 00:33:50,000 --> 00:33:54,240 Speaker 1: Porter comes in. Who do you find you're recruiting against? 612 00:33:54,360 --> 00:33:58,520 Speaker 1: Is the G League tougher to recruit against? College basketball? 613 00:33:58,640 --> 00:34:02,000 Speaker 1: For the players? Is it over sees? Who's your primary 614 00:34:03,280 --> 00:34:07,440 Speaker 1: competitor for the players you want? At overtime? Elite. So 615 00:34:07,520 --> 00:34:10,359 Speaker 1: all of those are competitors for the players that we want. 616 00:34:10,680 --> 00:34:15,400 Speaker 1: And there's no doubt that a legacy of the NBA 617 00:34:15,560 --> 00:34:18,400 Speaker 1: or a Duke or a Kentucky or a Michigan like 618 00:34:18,600 --> 00:34:22,680 Speaker 1: the you know, those are incredible legacies. Like you you 619 00:34:23,239 --> 00:34:26,359 Speaker 1: it's hard to compete with those. And yet what you 620 00:34:26,400 --> 00:34:30,520 Speaker 1: see is that the players that we talk to, they 621 00:34:30,600 --> 00:34:35,800 Speaker 1: just want something different, and so it's less about Sometimes 622 00:34:35,800 --> 00:34:38,800 Speaker 1: it's head to head and sometimes we've won, and there's 623 00:34:38,840 --> 00:34:40,920 Speaker 1: been players who have other people have come after, and 624 00:34:41,280 --> 00:34:45,640 Speaker 1: sometimes we've lost. But I'll give you a specific example. 625 00:34:45,719 --> 00:34:49,760 Speaker 1: Like I was talking to, you know, a very very 626 00:34:49,800 --> 00:34:54,040 Speaker 1: famous NBA player and he said, well, Dan, what happens 627 00:34:54,040 --> 00:34:56,000 Speaker 1: if the players decide they don't want to go pro? 628 00:34:56,480 --> 00:34:58,360 Speaker 1: And I said, you know, I don't think people know 629 00:34:58,400 --> 00:35:01,480 Speaker 1: about this, but we offer injury protection for all the players. 630 00:35:01,680 --> 00:35:03,239 Speaker 1: So you go to college, you blow out, you need 631 00:35:03,280 --> 00:35:05,360 Speaker 1: to lose your scholarship. You come to our program, you 632 00:35:05,400 --> 00:35:07,920 Speaker 1: blow out your need, we have injury protection money for you. 633 00:35:08,280 --> 00:35:11,160 Speaker 1: We also will offer a full scholarship to any player 634 00:35:11,200 --> 00:35:12,799 Speaker 1: who just decides, you know what, I want to go 635 00:35:12,840 --> 00:35:15,319 Speaker 1: to college. I'm not about this life anymore. They can't 636 00:35:15,320 --> 00:35:18,000 Speaker 1: play because they've given up their eligibility, but we will 637 00:35:18,040 --> 00:35:21,239 Speaker 1: pay for them to go to college. And this NBA 638 00:35:21,320 --> 00:35:23,160 Speaker 1: player said to me, well, what if they don't want 639 00:35:23,160 --> 00:35:24,919 Speaker 1: to go to college, Like what if they want to work? 640 00:35:24,960 --> 00:35:26,680 Speaker 1: What if they want to go work for Nike? What 641 00:35:26,760 --> 00:35:28,360 Speaker 1: if they want to like what if they want to 642 00:35:28,360 --> 00:35:31,279 Speaker 1: go work for you column? And I was like, you're 643 00:35:31,360 --> 00:35:34,160 Speaker 1: so right, Like I'm just thinking the whole world is like, 644 00:35:34,239 --> 00:35:36,520 Speaker 1: you do this, you go to college, and yet the 645 00:35:36,560 --> 00:35:38,279 Speaker 1: average age of the college student in the United States 646 00:35:38,360 --> 00:35:40,680 Speaker 1: is twenty six years old. Less than a quarter of 647 00:35:41,120 --> 00:35:45,600 Speaker 1: college students actually go to traditional four year residential colleges. 648 00:35:45,960 --> 00:35:48,640 Speaker 1: Like we live in a way more diverse I think 649 00:35:49,280 --> 00:35:52,960 Speaker 1: educational environment than we give credit for. And I was like, 650 00:35:53,120 --> 00:35:54,880 Speaker 1: you're so right, Like I should be offering them a 651 00:35:54,960 --> 00:35:57,080 Speaker 1: chance to go intern for one of my investors if 652 00:35:57,120 --> 00:35:59,160 Speaker 1: they decide that they want to do that. And I 653 00:35:59,160 --> 00:36:01,000 Speaker 1: think when you start to see that, you start to 654 00:36:01,080 --> 00:36:03,719 Speaker 1: realize the whole world is not this very narrow vein 655 00:36:03,800 --> 00:36:06,440 Speaker 1: of you go, you play, you spend one year at 656 00:36:06,560 --> 00:36:10,319 Speaker 1: ex college, and you go. But in fact Lamello was 657 00:36:10,360 --> 00:36:13,600 Speaker 1: making different choices and Brandon Jennings made a different choice 658 00:36:13,600 --> 00:36:16,080 Speaker 1: and lots of people have made different choices and so 659 00:36:16,960 --> 00:36:20,319 Speaker 1: and now that we've unlocked that choice for players, there 660 00:36:20,360 --> 00:36:22,520 Speaker 1: are a lot of players and those players don't feel 661 00:36:22,520 --> 00:36:25,040 Speaker 1: like they're giving up college. They're they're just not interested 662 00:36:25,080 --> 00:36:29,320 Speaker 1: in that right now. That's right, by the way, Kevin 663 00:36:29,400 --> 00:36:34,000 Speaker 1: Durant is one of your investors. He is. I wonder 664 00:36:34,000 --> 00:36:37,200 Speaker 1: if did Kevin say to you, God, I wish this 665 00:36:37,239 --> 00:36:42,200 Speaker 1: was available for me. I feel like he definitely said that. 666 00:36:42,280 --> 00:36:45,319 Speaker 1: Carmelo Anthony definitely said that to me. Amelo said, look, 667 00:36:45,360 --> 00:36:48,200 Speaker 1: I might have so gone to Syracuse, like because at 668 00:36:48,239 --> 00:36:52,400 Speaker 1: that time I wanted that, but I definitely wanted I 669 00:36:52,520 --> 00:36:54,160 Speaker 1: wanted to be in a position where I could have 670 00:36:54,160 --> 00:36:57,760 Speaker 1: evaluated that choice and I could have had a choice instead. 671 00:36:57,840 --> 00:37:00,560 Speaker 1: What that choice was, are you going to X or 672 00:37:00,800 --> 00:37:04,520 Speaker 1: Y or Z college instead of Now you have like 673 00:37:04,640 --> 00:37:08,000 Speaker 1: a multiple of choices and you decide what you're ready for. 674 00:37:08,239 --> 00:37:11,839 Speaker 1: And I'd also say, like, there are players who want 675 00:37:11,840 --> 00:37:14,319 Speaker 1: to provide for their families when they're seventeen years old, 676 00:37:14,719 --> 00:37:18,440 Speaker 1: and if they're if they're a rapper, if they're a YouTuber, 677 00:37:18,680 --> 00:37:22,000 Speaker 1: if they're a child actor, if they're a Carnegie Hall musician, 678 00:37:22,520 --> 00:37:25,960 Speaker 1: if they're funny on TikTok. They're allowed to make money 679 00:37:26,160 --> 00:37:28,440 Speaker 1: and provide for their families, but if they dribble a 680 00:37:28,440 --> 00:37:30,640 Speaker 1: ball or throw a ball, they're not allowed to provide 681 00:37:30,640 --> 00:37:34,319 Speaker 1: for their families. You don't view yourself as somebody that 682 00:37:34,400 --> 00:37:37,200 Speaker 1: needs traditional TV exposure. I say this all the time 683 00:37:37,239 --> 00:37:40,359 Speaker 1: to people. You know, Bill Simmons has had a hell 684 00:37:40,400 --> 00:37:42,000 Speaker 1: of a career. I don't think he's thought it as 685 00:37:42,040 --> 00:37:45,160 Speaker 1: a TV star. Digital is television. My kids don't watch 686 00:37:45,160 --> 00:37:48,799 Speaker 1: traditional TV, DAN, so the phone is TV to them, 687 00:37:49,400 --> 00:37:53,399 Speaker 1: and for you, you don't need traditional television. Yeah, that's 688 00:37:53,400 --> 00:37:57,240 Speaker 1: exactly right. I mean I think, like I was looking 689 00:37:57,280 --> 00:37:59,240 Speaker 1: at like kind of what you're doing with your podcast 690 00:37:59,360 --> 00:38:04,360 Speaker 1: network obviously, and I think that like what you've figured 691 00:38:04,360 --> 00:38:08,680 Speaker 1: out is that you can get scale by having more shows. 692 00:38:08,760 --> 00:38:10,200 Speaker 1: You don't have to be the one on all of 693 00:38:10,200 --> 00:38:13,200 Speaker 1: those shows. Those shows can talk to each other and 694 00:38:13,239 --> 00:38:15,880 Speaker 1: they can cross promote. You can create a network. It 695 00:38:15,880 --> 00:38:18,520 Speaker 1: can be on audio. Those shows don't all have to 696 00:38:18,600 --> 00:38:21,040 Speaker 1: be guys sitting in front of a desk with a 697 00:38:21,080 --> 00:38:24,160 Speaker 1: microphone in front of them on television at two in 698 00:38:24,200 --> 00:38:27,640 Speaker 1: the afternoon. And so I think in a similar way, 699 00:38:27,680 --> 00:38:29,960 Speaker 1: like we're looking to meet the audience where they are. 700 00:38:30,920 --> 00:38:33,040 Speaker 1: You have kids, My kids are in their early twenties. 701 00:38:33,160 --> 00:38:36,360 Speaker 1: They're spending all their time looking at their phone, consuming 702 00:38:36,400 --> 00:38:38,759 Speaker 1: content like that. I can sit on the couch and 703 00:38:38,800 --> 00:38:41,680 Speaker 1: watch a live sports game. They have almost no interest 704 00:38:41,840 --> 00:38:44,640 Speaker 1: in accompanying me that in that venture. So I can 705 00:38:44,719 --> 00:38:47,840 Speaker 1: either say, oh, they don't understand the world is screwed 706 00:38:47,920 --> 00:38:49,880 Speaker 1: or whatever, or I can be like, what are you 707 00:38:49,960 --> 00:38:52,120 Speaker 1: doing and how do I meet you where you are? 708 00:38:53,000 --> 00:38:55,080 Speaker 1: And how do I create a business model around that? 709 00:38:55,200 --> 00:38:59,080 Speaker 1: And I think, obviously you're figuring that out an audio. 710 00:38:59,160 --> 00:39:01,279 Speaker 1: Pil Simmons fere that out in the audio. We're trying 711 00:39:01,280 --> 00:39:04,480 Speaker 1: to figure that out video. And I think there are 712 00:39:04,520 --> 00:39:06,279 Speaker 1: a lot of people who like the world the way 713 00:39:06,320 --> 00:39:08,520 Speaker 1: it is, and there's some people who try to figure 714 00:39:08,560 --> 00:39:10,959 Speaker 1: out where it's going. And that's what we're trying to do. 715 00:39:11,360 --> 00:39:14,880 Speaker 1: I think this is going to be, within ten to 716 00:39:14,960 --> 00:39:21,480 Speaker 1: twelve years, the not only most redeemable and obvious choice. 717 00:39:22,040 --> 00:39:24,120 Speaker 1: I think this is the rare business. I think you're 718 00:39:24,120 --> 00:39:27,799 Speaker 1: going to change everything. I really do. I honestly, when 719 00:39:27,840 --> 00:39:30,360 Speaker 1: I look at this business, it to me is the 720 00:39:30,400 --> 00:39:33,719 Speaker 1: iPhone that I look at this and I think the Hello, 721 00:39:33,800 --> 00:39:37,000 Speaker 1: we've been doing our whole lives. What is the point 722 00:39:37,560 --> 00:39:39,799 Speaker 1: I wish I had stern in KD money. I think 723 00:39:39,800 --> 00:39:42,400 Speaker 1: this is going to change. And by the way, the 724 00:39:42,520 --> 00:39:46,400 Speaker 1: reason it's great, in my opinion, is because it's more efficient, 725 00:39:46,920 --> 00:39:50,719 Speaker 1: not bust trips, not overseas. I go to Atlanta, I 726 00:39:50,840 --> 00:39:53,719 Speaker 1: go to this facility, I get elite coaching. It is 727 00:39:53,760 --> 00:39:59,600 Speaker 1: about brains, basketball branding business. I think it's brilliant and 728 00:40:00,360 --> 00:40:03,719 Speaker 1: you're going to make a fortune. And I think, for 729 00:40:03,840 --> 00:40:08,319 Speaker 1: the record, not all players. I would imagine in a 730 00:40:08,400 --> 00:40:11,440 Speaker 1: competitive entertainment business. I mean you're dealing with different players. 731 00:40:12,640 --> 00:40:16,440 Speaker 1: Is there a scale salary? Would you ever get into 732 00:40:16,480 --> 00:40:18,120 Speaker 1: a bidding war for a player? And how does it 733 00:40:18,160 --> 00:40:22,279 Speaker 1: work fundamentally sort of the fiscal foundation of how it 734 00:40:22,320 --> 00:40:26,680 Speaker 1: works when you get a player and he has options. Yeah, 735 00:40:26,719 --> 00:40:29,520 Speaker 1: I mean all of those things are on the table. 736 00:40:29,680 --> 00:40:33,760 Speaker 1: There there is scale, There is competition with other player, 737 00:40:34,000 --> 00:40:38,160 Speaker 1: with other you know, entities in the market. For sure 738 00:40:38,320 --> 00:40:40,640 Speaker 1: that it's part of the business. It's like you try 739 00:40:40,680 --> 00:40:43,440 Speaker 1: to hire somebody to work on your show and they 740 00:40:43,440 --> 00:40:45,440 Speaker 1: get it offer from somebody else. Did you end up 741 00:40:45,719 --> 00:40:47,719 Speaker 1: either paying them more or less than you want to 742 00:40:47,760 --> 00:40:50,920 Speaker 1: do or giving them more flexibility. So we're definitely in 743 00:40:51,000 --> 00:40:56,960 Speaker 1: that same position. They're not a million competitors out there, 744 00:40:57,040 --> 00:41:00,320 Speaker 1: and I feel like there are a lot of lengths 745 00:41:00,440 --> 00:41:03,560 Speaker 1: to our offering that have less to do with money 746 00:41:03,800 --> 00:41:08,480 Speaker 1: and more to do with everything down to the exposure. 747 00:41:08,560 --> 00:41:11,440 Speaker 1: You know, I've said this before, but there were players 748 00:41:11,440 --> 00:41:15,480 Speaker 1: who played in March Madness, who made incredible plays, who 749 00:41:15,520 --> 00:41:19,000 Speaker 1: didn't gain any followers. And there were times when we 750 00:41:19,080 --> 00:41:21,040 Speaker 1: had those players on our account and they gained fifty 751 00:41:21,080 --> 00:41:23,239 Speaker 1: thousand followers. And those are followers they keep for their 752 00:41:23,440 --> 00:41:26,920 Speaker 1: entire life, which means they control their own distribution and 753 00:41:26,920 --> 00:41:30,160 Speaker 1: their modernization. And so people are saying like, oh, well, 754 00:41:30,320 --> 00:41:31,839 Speaker 1: how are you going to compete with the fact that 755 00:41:31,880 --> 00:41:34,000 Speaker 1: these guys have exposure. I was like, none of those 756 00:41:34,000 --> 00:41:37,960 Speaker 1: people are buying their sneakers who are watching it on television, 757 00:41:38,040 --> 00:41:39,960 Speaker 1: you know, the fifty thousand people who just followed them 758 00:41:40,000 --> 00:41:42,800 Speaker 1: from being on overtime. Those people are buying their sneakers 759 00:41:42,800 --> 00:41:46,040 Speaker 1: and their merch and you know, giving them value and distribution. 760 00:41:46,239 --> 00:41:49,399 Speaker 1: So it's you know, you get granular. There's a lot 761 00:41:49,440 --> 00:41:52,880 Speaker 1: of things that I think you can offer. Overtime is 762 00:41:52,960 --> 00:41:56,400 Speaker 1: far bigger than any college basketball program. It's far bigger 763 00:41:56,440 --> 00:41:59,360 Speaker 1: than many of the teams and other leagues and stuff 764 00:41:59,360 --> 00:42:02,480 Speaker 1: like that. So you know you could beat with everything 765 00:42:02,560 --> 00:42:05,800 Speaker 1: you have in your toolbox. Dan, this is a pleasure. 766 00:42:06,160 --> 00:42:12,080 Speaker 1: It's really smart. I can't wait in September. I'll keep 767 00:42:12,120 --> 00:42:15,520 Speaker 1: my eye out for it. We'll have you, we'll have 768 00:42:15,600 --> 00:42:18,080 Speaker 1: you down to Atlanta, you and the kids. You'll say courtside. 769 00:42:18,480 --> 00:42:20,879 Speaker 1: I think it's great and I wish you the very best. 770 00:42:21,400 --> 00:42:24,160 Speaker 1: I appreciate you and thank you for having me on 771 00:42:24,160 --> 00:42:29,120 Speaker 1: the show. It means a lot, all right, different kind 772 00:42:29,120 --> 00:42:35,840 Speaker 1: of interview. I believe Dan Porter, from Overtime to Overtime 773 00:42:35,840 --> 00:42:41,040 Speaker 1: Elite will fundamentally change basketball and recruiting over the next 774 00:42:41,040 --> 00:42:45,160 Speaker 1: ten to twelve years. I truly do. At the Volume Sports, 775 00:42:45,200 --> 00:43:20,040 Speaker 1: Twitter and Instagram, rate review, subscribe, we'll talk soon. The 776 00:43:20,239 --> 00:43:20,640 Speaker 1: Volume