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Speaker 1: The volume. The Colin Cowherd Podcast brought to you by

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Speaker 1: Fan Duel. It's never been easier to play fantasy on

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Speaker 1: Fan Duel. Whether the love basketball, golf, soccer, or any

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Speaker 1: fantasy sport. There is a contest for every fan. Fan

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Speaker 1: Duel more ways to win. Hi, everybody, Welcome to the

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Speaker 1: Colin Coward Podcast on a Friday morning. We always start

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Speaker 1: our Friday morning with my favorite second fake questions, real answers.

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Speaker 1: What is it? There's a lot of questions I want

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Speaker 1: to answer. I just don't want to sit around and

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Speaker 1: wait for you to ask the question. So here we go.

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Speaker 1: Fake questions, real answers. Dear Colin, you keep saying the

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Speaker 1: NBA should shorten the first playoff series to three games

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Speaker 1: to create more upsets, and yet you also say the

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Speaker 1: finals are better with superstar teams. Contradiction much, there's no contradiction.

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Speaker 1: There's a fear the favorites would get knocked out. They won't.

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Speaker 1: You think the Hawks are better than the Nets in

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Speaker 1: a three game series? Listen, March Madness is the true test.

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Speaker 1: It's one and done, and yet the tournament every year

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Speaker 1: it's one, two, three, and four seeds that end up

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Speaker 1: in the Final Four. The bottom line, the NBA needs urgency.

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Speaker 1: Steph versus Lebron in a playing game averaged five point

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Speaker 1: six million viewers, stars plus urgency. A seven game first

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Speaker 1: or second round series zero urgency. I'm an NBA fan,

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Speaker 1: and I struggle to watch Colin. You've been one of

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Speaker 1: Russell Westbrook's most vocal critics. Do you get a feeling

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Speaker 1: of satisfaction, even perhaps joy, when your criticisms are proven

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Speaker 1: true like the other night against the Celtics. No, because

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Speaker 1: I don't need validation. When I banging on Westbrook five

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Speaker 1: years ago, I had multiple executives texting me saying, keep

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Speaker 1: hitting it. You're nailing it. When I ripped Tebow years

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Speaker 1: ago in Denver, all of the guys I trust in

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Speaker 1: the league, we're texting me, hey man, he's awful. Keep

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Speaker 1: hitting it. I don't need validation from fans. I wish

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Speaker 1: more people agreed with me so I wouldn't have to

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Speaker 1: fend off the Baker Mayfield fanboys. But in the end,

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Speaker 1: it's kind of fun, and nobody, nobody that I trust

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Speaker 1: or respect, thinks Baker Mayfield was a number one pick.

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Speaker 1: If he was, John Dorsey would still be the Browns.

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Speaker 1: GM Colin, you seem pretty dissatisfied with the current state

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Speaker 1: of the media. What do you want to see changed? Well,

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Speaker 1: what I want and what's going to happen are two

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Speaker 1: different things. There's so much consolidation allowed in America today

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Speaker 1: among big companies. It's gobbling up the industry. And massive

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Speaker 1: corporations care about one thing, and one thing only the

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Speaker 1: bottom line. So instead of hiring experienced journalists, they rely

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Speaker 1: on bloggers and kids and whoever's cheaper, more profit, they

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Speaker 1: pay them a lot less. So there's a lack of

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Speaker 1: journalistic experience. The news has become less thoughtful, more hyperbolic.

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Speaker 1: The reality is, my ratings have never been higher in

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Speaker 1: every platform. Is it because I'm exponentially better? No, it's

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Speaker 1: because the competition is significantly worse. The media needs more

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Speaker 1: grown ups. Too many kids on the air, radio, TV, blogs,

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Speaker 1: too many people not thoughtful, not able to rely on

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Speaker 1: context and nuance because of years of experience. It's just

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Speaker 1: a young, more mistake prone media column. If you could

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Speaker 1: change the outcome of one sporting event in history, what

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Speaker 1: would it be? This is actually an easy one. I

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Speaker 1: wish the Utah Jazz would have eaten Michael Jordan in

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Speaker 1: one of those finals in ninety seven or ninety eight.

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Speaker 1: Why because Michael Jordan would be five and one, not

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Speaker 1: six and Ozo We'd become so paralyzed by perfection. Bill

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Speaker 1: Russell went almost double the championships of MJ. He's not appreciated.

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Speaker 1: I mean, Jerry west Is won for eight in the finals.

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Speaker 1: He was the damn logo. MJ has unfortunately changed the

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Speaker 1: conversation where if you're not perfect, you're no good. Perfection

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Speaker 1: for entertainers and athletes is not really realistic. Michael was

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Speaker 1: very lucky because the Bulls were in the Eastern Conference.

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Speaker 1: The Chicago Blackhawks, same city, have been in the Western Conference.

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Speaker 1: Why were the Bulls in the East just because of

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Speaker 1: the NBA alignment. Had he been in the West, the

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Speaker 1: truth is he would have maybe made the finals, met

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Speaker 1: Larry Burden, the Celtics in their prime or the Pistons

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Speaker 1: in their prime and lost. Jordan was very fortunate that

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Speaker 1: he didn't face the best of the Lakers. I love Michael,

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Speaker 1: best player I've ever seen, but famous businessmen have had

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Speaker 1: companies go bankrupt. Perfection is not realistic, and unfortunately MJ

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Speaker 1: has changed all the conversations. Colin used to be that

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Speaker 1: no hitters were rare and special. They've already been six

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Speaker 1: this season, good or bad. Actually it's terrible. We're in

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Speaker 1: a season where nobody can hit a baseball. The league

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Speaker 1: wide batting average right now, not joking, is two thirty six.

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Speaker 1: It'll be the lowest in the history of baseball. The

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Speaker 1: old low in nineteen sixty eight was two thirty seven.

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Speaker 1: They lowered the mound. No hitters would be great if

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Speaker 1: we were in the steroid era, because then you would

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Speaker 1: have to be so special to throw a no hitter.

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Speaker 1: But nobody can hit now, and even great things a

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Speaker 1: little goes a long way. I love going to concerts,

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Speaker 1: but they're bad for your hearing. I don't need one

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Speaker 1: a month. I like cocktails. One maybe two. Eight's called alcoholism.

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Speaker 1: Bert Baskin is a founder of Basket and Robbins. He

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Speaker 1: died a week after his fifty fourth birthday. Why he

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Speaker 1: ate ice cream all the time? No hitters one a year,

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Speaker 1: two tops. We're at six. We're not close to the

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Speaker 1: All Star Game. Yet we could end up with fifteen

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Speaker 1: no hitters. All right, let's bring in Chad Milman to

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Speaker 1: my buddy, Chief content officer of the Action Network. Okay,

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Speaker 1: So I'm reading a story here today makes me laugh.

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Speaker 1: Whenever you criticize. Nobody plays the victim like Tim Tebow's fanboys,

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Speaker 1: like nobody plays the victim. So Greg McElroy came out

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Speaker 1: today and basically said, he's a good dude. He goes.

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Speaker 1: But I was with the Jets. They tried to move

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Speaker 1: him to tight end. He was not good. It's I

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Speaker 1: find Tebo fascinating, is that the religious right thinks we're

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Speaker 1: picking on him. And I always say this, I grew

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Speaker 1: up in Seattle. It's the most godless agnostic city in America.

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Speaker 1: Ten percent of Seattle is atheist. You can google it.

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Speaker 1: It's the least god It's the most godless city in America.

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Speaker 1: Two most popular athletes ever, Ken Griffey and Russell Wilson.

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Speaker 1: And Russell Wilson wears his religion on his sleep. He's

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Speaker 1: you know, it's it's out there. People don't care. Steve

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Speaker 1: Young in San Francisco, San Francisco, again, highly agnostic. Who cares?

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Speaker 1: Dion Sanders Tebow's fanboys think it's a religion thing. I

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Speaker 1: don't care. He's crappy at football. He's a bad pro

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Speaker 1: football player. It's all what's your take on Tebow. First

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Speaker 1: of all, there is so much to unpack in what

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Speaker 1: you just said. I love the word godless because it

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Speaker 1: means something that is so neutral, and yet it is

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Speaker 1: such a loaded, weaponized word. If you say someone, you

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Speaker 1: say Seattle is godless, San Francisco is godless to anybody,

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Speaker 1: whether you are a Democrat, a Republican, you are a

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Speaker 1: liberal or conservative. You say those phrases and you immediately

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Speaker 1: think heathen hippies don't care about anything, You know what

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Speaker 1: I mean, And like, that's just not what it means.

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Speaker 1: But that's how it's been framed for so long that

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Speaker 1: it now takes on an entirely different character. That's the

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Speaker 1: term used. Yeah, yeah, I look at it as Seattle's

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Speaker 1: highly agnostic. I'm agnostic, so I didn't go to church

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Speaker 1: as a kid. I'm agnostic. By the way, if you

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Speaker 1: had asked me to describe Colin as a religion other

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Speaker 1: than the fact to me you are a religion because

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Speaker 1: you're so brilliant, I would say Colin doesn't have strong

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Speaker 1: religious beliefs. He could be identified as godless and that

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Speaker 1: is fine, Like, there's nothing wrong with that. I'm like,

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Speaker 1: I could be described as godless. I'm Jewish. I don't

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Speaker 1: go to Synago like that's just what it is. It's

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Speaker 1: culturally something right. As for Tebow, I think Tebow is

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Speaker 1: such a fascinating lightning rod, and I do think that

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Speaker 1: I just want him to succeed because I find him

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Speaker 1: to be incredibly genuine. I don't care how many chances

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Speaker 1: he gets. I don't care that he's not good at football.

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Speaker 1: I don't care that he wasn't good at baseball. I

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Speaker 1: love that the guy continues to want to try, and

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Speaker 1: that there is something magical about him sometimes when he plays,

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Speaker 1: and that he can create conjures something that feels emotionally

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Speaker 1: real for sports fans, even if it happens once every

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Speaker 1: a thousand passes and every other and nine nine nine

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Speaker 1: passes that he makes are terrible and wobbling ducks and

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Speaker 1: don't get to the receiver. Don't care because one time

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Speaker 1: he'll find magic. And to me, the narrative of him

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Speaker 1: finding that magic is so strong it's worth it to

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Speaker 1: root for. I don't care if he gets chances. I

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Speaker 1: don't care if he stinks. If he keeps trying, that's

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Speaker 1: good for all of us. It's just fun by the

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Speaker 1: way baseball, a starting pitcher has to go five innings

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Speaker 1: to get a win. In five of his six wins

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Speaker 1: during that Denver winning streak, he had ten or fewer passes.

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Speaker 1: So I don't count them as wins. I think I

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Speaker 1: give them to Matt Prador in the defense. If you

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Speaker 1: cannot complete fifteen passes, it does not count. In my

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Speaker 1: godless society, I will not count it. I will not

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Speaker 1: count it as a win for a quarterback. By the way,

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Speaker 1: By the way, in America, you are more likely to

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Speaker 1: find God in understanding downfield passing stats then and go

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Speaker 1: into church. I'm not sure I agree with that, but

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Speaker 1: it sounds fascinating. I think there is a religion of

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Speaker 1: football that is stronger than anything else. Okay, Okay that

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Speaker 1: I agree with Absolutely agree with that. Okay. So here's

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Speaker 1: another one. Playing game got five point six million viewers

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Speaker 1: on average Steff first Labron it got up to six

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Speaker 1: point two million. And this is my takeaway. Of course,

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Speaker 1: Stars and Urgency got a number. The idea people are

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Speaker 1: afraid paralyzed by the fact a favorite could lose in

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Speaker 1: a three game first round series. And my takeaway is

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Speaker 1: March Madness is one and done. And you still end

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Speaker 1: up with one, two and three and four seeds. I

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Speaker 1: think the seven game first and second round series are

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Speaker 1: ratings killers. That play in game Chad six point one,

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Speaker 1: six point two million viewers, that's all. That's better than all,

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Speaker 1: But like six college football games last year, what do

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Speaker 1: you make of the playing games? Are you seeing action?

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Speaker 1: Are you taking action on them? Oh? My god? It

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Speaker 1: was great, great traffic, great action, great activity, And as

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Speaker 1: a fan, I loved it. As a fan, It's exactly

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Speaker 1: what you want. I mean, I was looking forward all

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Speaker 1: day to Lebron and Steph. I go to bed usually

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Speaker 1: at nine or nine thirty. I stayed up all night.

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Speaker 1: I stayed up all night because I bet Steph over

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Speaker 1: thirty six and a half points and he got his

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Speaker 1: thirty seventh point on a free throw with less than

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Speaker 1: two minutes left. And by the way, there were a

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Speaker 1: lot of people who were staying up just for that

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Speaker 1: because there was massive activity on Steph's props because for

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Speaker 1: the second half of the year he was so on fire,

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Speaker 1: and the number kept going up, so it kept engaging

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Speaker 1: people more and more. I think the play in game

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Speaker 1: is genius. I think that it's the NBA got lucky

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Speaker 1: and that it got Steph and Lebron. I think the

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Speaker 1: more likely scenario more often is going to be what

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Speaker 1: they got with Wizards and Celtics, what they got with

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Speaker 1: with the Pacers, I mean the Pacers of the Whiz.

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Speaker 1: I can't remember who played who at this point, but

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Speaker 1: it's going to be more likely to be sort of

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Speaker 1: teams that that don't have games that are as good

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Speaker 1: as what you're getting with Lebron and Steph. Hey, golf fans,

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Speaker 1: and start betting smarter. So here's an interesting one. The

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Speaker 1: Clippers and the Jazz, according to fan Duel are all

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Speaker 1: plus six hundred third best odds to win the title.

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Speaker 1: And I was saying this today that the Sons are

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Speaker 1: a big dog to the Lakers, the Knicks are a

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Speaker 1: slight dog to Atlanta, and the Jazz are like third

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Speaker 1: or fourth best odds. And I think for a lot

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Speaker 1: of fans, young fans, they don't understand the NBA is

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Speaker 1: the only pro sport in America where there are two seasons,

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Speaker 1: the regular season and the postseason. And we're in the NFL.

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Speaker 1: We know the regular season matters. You are looking at

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Speaker 1: the reality of the league. We know in baseball you

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Speaker 1: can watch a staff if you're if you're a good

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Speaker 1: team that goes in with a healthy staff, you're going

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Speaker 1: to have some success in the postseason. But in the NBA,

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Speaker 1: I think at this morning, I looked at the best

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Speaker 1: odds to win the title. It was the fourth seed,

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Speaker 1: the sixth seed, in the tenth seed. And I try

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Speaker 1: to explain to people depth. For instance, Utah's got depth,

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Speaker 1: it doesn't really matter in the playoffs because you have

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Speaker 1: a seven man rotation. The other thing is young teams

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Speaker 1: do better in the regular season often because they play

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Speaker 1: harder veteran teams. Guys are older. They get nicked up

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Speaker 1: if you bang your knees, you know, Steve Kerry used

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Speaker 1: to say, I'll never wear a second knee brace. One

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Speaker 1: is telling guys you're old. Two is telling opponents you

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Speaker 1: can't play. You know, old guys bang a knee, Young guy,

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Speaker 1: you're back two days later. Old guy, you're on the

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Speaker 1: I R. And So I look at the Suns and

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Speaker 1: I think to myself that they're gonna lose first round.

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Speaker 1: I look at the Knicks and I'm like, that's a

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Speaker 1: seven game series with Atlanta. I look at the Jazz,

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Speaker 1: and I want to ask you, number one seed, where

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Speaker 1: do you what do you see from the Jazz? Well coached,

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Speaker 1: really deep rim protector, all star guard Donovan Mitchell, same system,

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Speaker 1: they play well together, they shoot a lot of threes.

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Speaker 1: How are they not in the top two to three

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Speaker 1: and a lot of odds they're a fourth best odd

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Speaker 1: team to win the finals. Yeah, it's that's exactly where

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Speaker 1: they are. By the way, at seven to one, nets Lakers, Clippers, Jazz,

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Speaker 1: Suns all the way down at eighteen to one behind

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Speaker 1: those four plus the Sixers in the Bucks. The Jazz

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Speaker 1: are one of those teams gets zero attention. If you

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Speaker 1: said to me right now, if I asked a poll

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Speaker 1: of experts, which I did when we did our Favorites

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Speaker 1: podcast from the Volume Network earlier this week, we did

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Speaker 1: an NBA episode and we talked from to our experts

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Speaker 1: about who do you take in the NBA Finals Lakers, Bucks, Clippers,

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Speaker 1: Bucks Sixers, Lakers. No one was like, I'm taking the

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Speaker 1: Utah Jazz. Not a single person. There might not be

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Speaker 1: a more disrespected number one seed in the history of

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Speaker 1: the NBA playoffs. And I will tell you you mentioned

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Speaker 1: the Lakers being favorites over the Suns. Right now, the

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Speaker 1: Lakers are minus one eighty favorites to beat the Suns,

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Speaker 1: and they're open to tell people. If you're not a

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Speaker 1: big hardcore better explain exactly what that number means JAD.

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Speaker 1: So essentially, it means you have to bet more in

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Speaker 1: order to win. If you want to win one hundred dollars,

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Speaker 1: you have to bet one hundred and eighty dollars. So

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Speaker 1: it just costs you more because there's such big favorites,

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Speaker 1: the payoff is going to be less, whereas if you

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Speaker 1: bet on the Suns, then the payoff is going to

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Speaker 1: be more. If you bet one hundred dollars, you're going

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Speaker 1: to make more money. If you bet on hunderdogs, you

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Speaker 1: make more money. You bet on favorites, you make less

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Speaker 1: money when you're betting sort of just outright winners. That

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Speaker 1: is the first time in thirty years that in seven

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Speaker 1: seed is a favorite over a two seed. So that

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Speaker 1: tells you everything you need to know about how these

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Speaker 1: two teams, the number one and two seeds in the

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Speaker 1: West are being perceived. Okay, here's my action network better

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Speaker 1: than night Grizzlies plus four against the Warriors. I'm taking

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Speaker 1: the Grizzlies. I think the Lakers took too much out

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Speaker 1: of the Warriors. What do you think? Is that a

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Speaker 1: cruddy bet? I don't Did the Lakers pull too much

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Speaker 1: out of the Warriors? Grizzlies plus four. That Warriors team

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Speaker 1: looked so good and without anybody on there, they looked good.

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Speaker 1: With Juan Tuscano, Anderson, Jordan Pool, Steph Curry, Draymond Green,

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Speaker 1: they are an incredibly tight defensive unit. I worry the

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Speaker 1: most that they are led by veteran players. The Grizzlies

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Speaker 1: are so young. One of the four youngest teams in

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Speaker 1: the NBA, one of the four teams that had sixty

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Speaker 1: percent of their playing time from players that were twenty

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Speaker 1: three or younger. And they're incredibly well coached. They are

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Speaker 1: not a high scoring team. They play a lot of

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Speaker 1: two point basketball, and I don't know if they have

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Speaker 1: the offensive firepower and the veteran leadership to keep up

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Speaker 1: with the Warriors. I would take the Warriors in that game.

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Speaker 1: All right, I'm gonna switch my bet of the night

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Speaker 1: to the Warriors minus four against the Grizzlies. For the

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Speaker 1: Action networked Better the Day. You're a professional, well played, Okay, Well,

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Speaker 1: I mean that's how That's how we were, By the way,

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Speaker 1: that's how it should go. You have it, you have

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Speaker 1: an opinion, You listen to other people. You're a smart guy.

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Speaker 1: You're like, huh, that guy might know what he's saying.

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Speaker 1: I'm going with that. Hey, Listen. Today I was talking

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Speaker 1: to Chris Bruce Arden. He made a point and I said, listen, man,

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Speaker 1: if you look at the Warriors, Steph's a free agent

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Speaker 1: next summer. He's got to go, and then he may

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Speaker 1: Chris Brusar totally changed my mind. In the air. He

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Speaker 1: said Listen. He said, if Clay comes back and give

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Speaker 1: you twenty two, it's still the best backcourt in the league. Steph,

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Speaker 1: and Clay Wiggins is terrific as a three. He's not

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Speaker 1: a one or a two. We had a perception of

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Speaker 1: what he is, but he's a terrific three. It's just

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Speaker 1: like a baseball pitcher. If you're not an ace or

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Speaker 1: a two, you can be a really solid three. And

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Speaker 1: then he said, Draymond still a top defender. He goes,

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Speaker 1: you know, that's a playoff team that is a top

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Speaker 1: four seed, and I thought, you have Clay can play.

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Speaker 1: It's been two years. Wiggins is a pretty good three.

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Speaker 1: I mean, Wiggins was good against the Lakers in the

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Speaker 1: play in game. So I'm always willing. I'm not one

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Speaker 1: of these stubborn guys like I'll give you an example.

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Speaker 1: I'm always fascinated by this smart people who are stubborn.

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Speaker 1: Mike Schevski hated the one and done. Then he came

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Speaker 1: to realize, oh hell, it's beating me. He moved. Nick

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Speaker 1: Saban hated high tempo offense. Then he realized, well I

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Speaker 1: can't stop it. They won't be able to stop mine.

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Speaker 1: Greg Popovitch meanwhile, refuses to shoot threes. Spurser last in

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Speaker 1: the league in attempts. He gave Kawhi away for Damar Derozen,

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Speaker 1: an athlete who can't shoot threes. Second straight year they

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Speaker 1: didn't make the playoffs. I'm fascinated. How does a smart

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Speaker 1: guy like Popovich get owen trenched in his opinion, he

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Speaker 1: will not embrace the three. It's stupidity, right, it is stupidity.

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Speaker 1: But I'm always like, it's hard to say that Greg Popovich,

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Speaker 1: who is one of the most profound thinkers in the

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Speaker 1: NBA from a human perspective and from a coaching perspective,

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Speaker 1: is going to say. You can't say it's stupidity. That

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Speaker 1: is just stubbornness without the ability to be flexible. But

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Speaker 1: then again, he plays an entirely different kind of basketball,

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Speaker 1: and in the end he might just think, I'm rebuilding

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Speaker 1: right now, and I am getting players that can I

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Speaker 1: can mold into my system, and in three years, after

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Speaker 1: we've had two years of getting them work, I might

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Speaker 1: be able to run these other teams ragged because they're

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Speaker 1: playing a more fluid form of basketball that can't be

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Speaker 1: stopped in the same way that it couldn't be stopped

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Speaker 1: for close to fifteen sixteen years when they had Genobley

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Speaker 1: and Parker and Tim Ducan and Patty Mills, and they

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Speaker 1: were able to bring in Kauai. So I just think

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Speaker 1: he's thinking, I don't need the quick fix. I want

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Speaker 1: to rebuild in the in the system that I have

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Speaker 1: been establishing for so many years, in a farm system

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Speaker 1: that I know I can develop players. So there's going

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Speaker 1: to be a team that is fluid and really strong

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Speaker 1: for the next ten years, not just the next two

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Speaker 1: or three. Boy, I stubborn doesn't win very much. It's

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Speaker 1: a bad personality trait. Here could be the flip side.

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Speaker 1: Here could be the flip side. Everything in coaching and

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Speaker 1: everything in sports is always about I need to find

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Speaker 1: the quick path to victory, and Popovich might not be

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Speaker 1: thinking that way. He might be thinking, I've got incredible

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Speaker 1: job security, I've got an incredible coaching staff, I've got

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Speaker 1: an incredible organization here. We all know what kind of

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Speaker 1: basketball we want to play, and I am setting this

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Speaker 1: team up to be successful playing that kind of basketball

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Speaker 1: for ten years after I'm gone. And it might be

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Speaker 1: it might not be in his best interest to win

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Speaker 1: for the next couple of years. Obviously he's trying to.

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Speaker 1: But if he feels I'm going to be better for

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Speaker 1: ten years, if we're a little bit worse for two years,

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Speaker 1: I don't see that as being stubborn. I think that

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Speaker 1: as being a long term thinking boy. That is really

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Speaker 1: a positive spin on that. I'm very optimistic. I mean,

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Speaker 1: I just I don't see it. You know, Belichick, for years,

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Speaker 1: I had two sources who would work for New England

404
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Speaker 1: tell me that Belichick in January called off the scouts.

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Speaker 1: So I got the draft from here, and it led

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Speaker 1: to five six years of bad drafting. Belichick finally acknowledged

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Speaker 1: this offseason he's going to embrace more scouting, and he

408
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Speaker 1: listened to his scouts more. He admitted to Nikil Harry,

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Speaker 1: his scouts were like, don't draft him. He leaned on him.

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Speaker 1: And so I thought Belichick was really stubborn. And what

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Speaker 1: happens is, you know, Popovich has a fifty million net worth,

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Speaker 1: Belichick beats Atlanta, He's getting book deals, and these guys

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Speaker 1: kind of think my system Trump's players. And I think

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Speaker 1: Belichick acknowledged this offseason, Yeah, not really. I've whipped on

415
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Speaker 1: too many draft picks, so I don't know I just

416
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Speaker 1: look at these coach ks and these Savans and these Belichick's.

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Speaker 1: I just think, I think the world changes so much

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Speaker 1: more swiftly than it did years ago. Look at our business,

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Speaker 1: Look at gambling. It's insane. Look at tech. You know

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Speaker 1: it used to be chad. Everything took a while change.

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Speaker 1: I mean, one of the reasons I don't like to

422
00:25:35,440 --> 00:25:39,280
Speaker 1: sign long contracts with companies. You sign a four year deal.

423
00:25:39,680 --> 00:25:43,280
Speaker 1: Year two, a new platform emerges, the company makes money

424
00:25:43,280 --> 00:25:46,800
Speaker 1: on it, and you don't like TikTok, can all of

425
00:25:46,840 --> 00:25:49,200
Speaker 1: a sudden be a lucrative platform. Oh, I'm tied into

426
00:25:49,240 --> 00:25:51,520
Speaker 1: a contract. I don't have my rights to TikTok. Like,

427
00:25:51,880 --> 00:25:54,320
Speaker 1: it's insane how fast the world changes. I mean, look

428
00:25:54,320 --> 00:25:56,880
Speaker 1: at give me an example in your space, the gambling space,

429
00:25:56,920 --> 00:25:58,840
Speaker 1: where it's like, in the last five years, there's been

430
00:25:58,840 --> 00:26:04,360
Speaker 1: a swift change. Colin, we sold our company for two

431
00:26:04,440 --> 00:26:09,879
Speaker 1: hundred and forty million dollars in three years. I like

432
00:26:10,720 --> 00:26:16,840
Speaker 1: the contract that I turned down at ESPN was for

433
00:26:16,920 --> 00:26:20,040
Speaker 1: three years, and I turned it down because I'm like,

434
00:26:20,720 --> 00:26:24,520
Speaker 1: who can plan for three years? Everything is changing in

435
00:26:24,600 --> 00:26:28,520
Speaker 1: such rapid fireways. If I had signed that contract, I'd

436
00:26:28,520 --> 00:26:32,560
Speaker 1: be ending it right now, do you know what I mean? Instead,

437
00:26:33,880 --> 00:26:36,000
Speaker 1: I got into the gambling space because that's where I think,

438
00:26:36,200 --> 00:26:38,600
Speaker 1: that's where I thought things were going to go. And

439
00:26:39,040 --> 00:26:41,879
Speaker 1: now we're selling a company. Clay Travis just sold his company.

440
00:26:41,920 --> 00:26:47,040
Speaker 1: Barstool sold their company like it's a rapidly changing environment.

441
00:26:47,320 --> 00:26:53,680
Speaker 1: I never my least favorite question in interviews was always

442
00:26:54,080 --> 00:26:56,400
Speaker 1: where do you think you'll be in five years? It's

443
00:26:56,440 --> 00:26:59,639
Speaker 1: impossible think about where we were a year ago, colin

444
00:27:00,119 --> 00:27:03,200
Speaker 1: a year ago. There's too many factors in the world

445
00:27:03,760 --> 00:27:06,880
Speaker 1: to let you really truly think I know enough about

446
00:27:06,880 --> 00:27:09,200
Speaker 1: what's going to be happening in the future to understand

447
00:27:09,200 --> 00:27:11,240
Speaker 1: what my place in the world should be in five years.

448
00:27:11,359 --> 00:27:17,919
Speaker 1: There's no way impossible. The media's predictions for the economy

449
00:27:18,000 --> 00:27:22,119
Speaker 1: during the pandemic were apocalyptic. Not only is the doao

450
00:27:22,359 --> 00:27:26,760
Speaker 1: you know thirty three thirty four thousand, but the restaurant industry,

451
00:27:27,200 --> 00:27:30,160
Speaker 1: which appeared to be at ground zero of the nightmare,

452
00:27:30,600 --> 00:27:35,600
Speaker 1: has exploded. In the restaurant industry, sixty percent of restaurants

453
00:27:35,640 --> 00:27:40,040
Speaker 1: historically fail first year the pandemic only closed fourteen percent,

454
00:27:40,119 --> 00:27:45,439
Speaker 1: and those that survived now often have rebuilds thanks to

455
00:27:45,480 --> 00:27:50,119
Speaker 1: the PPP money outdoor and indoor seating. I'm in the

456
00:27:50,320 --> 00:27:54,520
Speaker 1: restaurant space now because of my Herdburger chain. We are

457
00:27:55,560 --> 00:27:59,920
Speaker 1: going to smash every record in six months. We went

458
00:28:00,160 --> 00:28:03,760
Speaker 1: from the industry is dead, the culinary industry is dead,

459
00:28:03,920 --> 00:28:10,120
Speaker 1: to not only winners, but in many spaces it's flourishing

460
00:28:10,200 --> 00:28:13,240
Speaker 1: like never before. You just can't make bold predictions. You

461
00:28:13,320 --> 00:28:16,920
Speaker 1: don't know what's happening around the corner. There's no way

462
00:28:16,920 --> 00:28:22,040
Speaker 1: to know. It's impossible to know. And yet there are

463
00:28:22,119 --> 00:28:26,159
Speaker 1: people who try very hard to convince you they know

464
00:28:26,359 --> 00:28:29,320
Speaker 1: everything that is going to happen over the next five years,

465
00:28:29,320 --> 00:28:32,160
Speaker 1: over the next ten years, and they have outlooks that

466
00:28:32,240 --> 00:28:35,800
Speaker 1: you need to buy into. And if you don't, then

467
00:28:35,840 --> 00:28:38,240
Speaker 1: you're silly. And that's why you're I agree with you.

468
00:28:39,000 --> 00:28:43,160
Speaker 1: There is no path to signing long term contracts. It

469
00:28:43,320 --> 00:28:47,600
Speaker 1: is a dangerous practice, I think for anybody in your

470
00:28:47,640 --> 00:28:50,440
Speaker 1: position for sure. By the way, do you own any

471
00:28:50,440 --> 00:28:53,760
Speaker 1: of these bitcoin dog coin, any of the stuff I do?

472
00:28:54,000 --> 00:28:55,520
Speaker 1: I do. I used to have quite quite a bit

473
00:28:55,520 --> 00:28:59,560
Speaker 1: more of it in value earlier this week. Now it's gone.

474
00:29:00,800 --> 00:29:05,880
Speaker 1: But I did I bought, I bought big. I'll tell

475
00:29:05,880 --> 00:29:08,440
Speaker 1: you is what happened. I don't know anything about it, right,

476
00:29:08,440 --> 00:29:09,960
Speaker 1: I'm not going to claim to be an expert. But

477
00:29:10,040 --> 00:29:12,400
Speaker 1: in sports betting for a long time, if you wanted

478
00:29:12,440 --> 00:29:16,240
Speaker 1: to be betting with offshore sites many many years ago

479
00:29:16,280 --> 00:29:20,200
Speaker 1: before sites were legal, a lot of times you were

480
00:29:20,240 --> 00:29:22,400
Speaker 1: using bitcoin, and then you were getting paid out in bitcoin.

481
00:29:22,680 --> 00:29:25,840
Speaker 1: So before before Action started all that kind of stuff,

482
00:29:26,000 --> 00:29:27,640
Speaker 1: I had an offshore site that I was betting at,

483
00:29:27,760 --> 00:29:30,440
Speaker 1: and when I cashed it out because of Action, I

484
00:29:30,520 --> 00:29:35,520
Speaker 1: got paid out in bitcoin. I never converted it to anything.

485
00:29:35,560 --> 00:29:38,240
Speaker 1: I just left it in a bitcoin account that I had.

486
00:29:38,720 --> 00:29:43,280
Speaker 1: It was twelve hundred dollars that I had in the account,

487
00:29:43,840 --> 00:29:46,360
Speaker 1: and then at some point it was eight thousand dollars,

488
00:29:46,400 --> 00:29:48,719
Speaker 1: and then it was ten thousand dollars, and so then

489
00:29:48,720 --> 00:29:51,360
Speaker 1: I bought a little more of it and it went

490
00:29:51,440 --> 00:29:55,000
Speaker 1: up considerably. And then I bought a theorium and that

491
00:29:55,040 --> 00:29:59,479
Speaker 1: went up. And now everything's tanked and whatever. That's what happens.

492
00:29:59,560 --> 00:30:02,959
Speaker 1: It's this stock market, it's a digital currency. There's no

493
00:30:03,040 --> 00:30:05,880
Speaker 1: difference between the two in terms of the ebbs and flows,

494
00:30:06,240 --> 00:30:08,520
Speaker 1: and so you know, I'm not going to do anything

495
00:30:08,560 --> 00:30:12,400
Speaker 1: with it. I'm gonna I didn't sell every equity asset

496
00:30:12,440 --> 00:30:15,120
Speaker 1: that I have when the stock market has been taking

497
00:30:15,160 --> 00:30:16,640
Speaker 1: the past few weeks, and I'm not going to sell

498
00:30:16,640 --> 00:30:19,360
Speaker 1: the bitcoin because it tanked the past few weeks. You're

499
00:30:19,360 --> 00:30:22,400
Speaker 1: just sort of holding it Athereum. That sounds like a

500
00:30:22,440 --> 00:30:28,320
Speaker 1: back medication. What's ethereum. Ethereum is another kind of digital cryptocurrency.

501
00:30:29,520 --> 00:30:34,240
Speaker 1: And if bitcoin is trading for you know, at many

502
00:30:34,240 --> 00:30:38,240
Speaker 1: points this year between fifty and sixty thousand dollars per bitcoin.

503
00:30:38,680 --> 00:30:42,200
Speaker 1: Now it's trading I think in the low forties. Ethereum

504
00:30:42,440 --> 00:30:46,479
Speaker 1: it's trading at forty one. Ethereum was trading well below

505
00:30:46,520 --> 00:30:49,960
Speaker 1: two thousand for many many months, and then in the

506
00:30:50,000 --> 00:30:52,720
Speaker 1: past day six weeks it popped and went to about

507
00:30:52,760 --> 00:30:56,880
Speaker 1: four thousand, and then during this crash it's now at

508
00:30:56,920 --> 00:31:00,600
Speaker 1: twenty eight hundred. That's just two I see. For me,

509
00:31:00,720 --> 00:31:04,440
Speaker 1: I'm a common man reading sports scorers. This stuff is

510
00:31:04,640 --> 00:31:08,920
Speaker 1: way over my skis. Yeah, scary that went by the way.

511
00:31:09,480 --> 00:31:14,040
Speaker 1: When I think godless, I think Kylin Cowherd. When I

512
00:31:14,080 --> 00:31:19,680
Speaker 1: think common, I don't think Also, you don't buy, you

513
00:31:19,720 --> 00:31:22,640
Speaker 1: don't buy the whole coin. You just put whatever you

514
00:31:22,680 --> 00:31:25,800
Speaker 1: want in and it goes up or down sort of

515
00:31:25,880 --> 00:31:30,240
Speaker 1: in a percentage. I don't like it. But I'm not

516
00:31:30,240 --> 00:31:31,960
Speaker 1: going to tell anybody not to buy it. I just

517
00:31:32,040 --> 00:31:34,480
Speaker 1: it's scary to me. Listen, I'm going to keep buying

518
00:31:34,480 --> 00:31:39,160
Speaker 1: my duplexes in uh, you know, Gary, Indiana and make

519
00:31:39,200 --> 00:31:41,560
Speaker 1: my little monthly Reynolds. I'm very good. I'm fine with that.

520
00:31:41,680 --> 00:31:43,960
Speaker 1: By the way, did you really buy a duplex and Gary, Indiana?

521
00:31:45,080 --> 00:31:47,200
Speaker 1: It sounded good right there. Not really. Well, I'll tell

522
00:31:47,200 --> 00:31:49,120
Speaker 1: you why. I'll tell you why because a buddy of

523
00:31:49,120 --> 00:31:52,040
Speaker 1: mine who grew up in a town called Munster, Indiana,

524
00:31:52,120 --> 00:31:55,040
Speaker 1: which isn't too far from Gary, Indiana, he had a

525
00:31:55,040 --> 00:31:57,240
Speaker 1: little bit of a midlife crisis and decided, you know,

526
00:31:57,240 --> 00:31:59,240
Speaker 1: he's a doctor and he needed to invest in something,

527
00:31:59,480 --> 00:32:02,360
Speaker 1: and instead of buying a fancy car, he decided he

528
00:32:02,360 --> 00:32:06,200
Speaker 1: was going to invest in communities. And right before the pandemic,

529
00:32:06,520 --> 00:32:11,240
Speaker 1: he bought a food truck outside of a factory in Gary, Indiana.

530
00:32:11,280 --> 00:32:15,560
Speaker 1: And like a week later, the food truck the factory

531
00:32:15,760 --> 00:32:18,800
Speaker 1: had to shut down because people couldn't go in. And

532
00:32:18,840 --> 00:32:22,480
Speaker 1: so he's got this food truck outside his factory and

533
00:32:23,600 --> 00:32:27,120
Speaker 1: he eventually had had to close it down. That's a

534
00:32:27,160 --> 00:32:29,360
Speaker 1: sad way to end our little podcast today. I know

535
00:32:29,440 --> 00:32:31,760
Speaker 1: it didn't sound as good as as in my head.

536
00:32:31,880 --> 00:32:33,800
Speaker 1: I thought we would find it charming in funny, and

537
00:32:33,840 --> 00:32:36,120
Speaker 1: it didn't come out. Here's what I would say, Here's

538
00:32:36,120 --> 00:32:38,800
Speaker 1: what I would say. I would say, I so believe

539
00:32:38,840 --> 00:32:41,000
Speaker 1: in what I was saying about the San Antonio Spurs.

540
00:32:41,560 --> 00:32:46,560
Speaker 1: That next year, I would bet you I would be

541
00:32:46,560 --> 00:32:49,840
Speaker 1: more comfortable betting the San Antonio Spurs to win that

542
00:32:49,920 --> 00:32:57,920
Speaker 1: division against the It's the Southwest Division, the Mavericks with Luca,

543
00:32:58,200 --> 00:33:01,240
Speaker 1: the grizz who I think are an excellent young team,

544
00:33:01,280 --> 00:33:05,920
Speaker 1: the Spurs, the Pelicans, and the Rockets. I love the Spurs.

545
00:33:05,960 --> 00:33:09,800
Speaker 1: You give me one more year of those players who

546
00:33:09,840 --> 00:33:14,240
Speaker 1: are interchangeable in a lot of ways under Papovich system,

547
00:33:14,280 --> 00:33:17,680
Speaker 1: I would take that bet. All right, that's how you

548
00:33:17,720 --> 00:33:20,240
Speaker 1: see it. I gotta go, buddy, Chief content Officer Action

549
00:33:20,320 --> 00:33:25,200
Speaker 1: Network Chad Melman on a Friday, see you buddy, all right,

550
00:33:25,200 --> 00:33:28,240
Speaker 1: that's Chad Melman. Don't forget this weekend. I will offer

551
00:33:28,320 --> 00:33:30,480
Speaker 1: you the Prime Cuts. It's the best of all the

552
00:33:30,560 --> 00:33:34,880
Speaker 1: podcasts throughout the course of the week at The Volume, Sports, Twitter,

553
00:33:34,920 --> 00:34:10,200
Speaker 1: and Instagram, Rate review, subscribe, have a great weekend. The

554
00:34:10,400 --> 00:34:10,840
Speaker 1: Volume