1 00:00:00,280 --> 00:00:03,760 Speaker 1: This is the business of sports. Should Major League Baseball 2 00:00:04,000 --> 00:00:06,840 Speaker 1: shorten up the season? How do we present football to 3 00:00:06,920 --> 00:00:08,920 Speaker 1: the audience of the future. I don't think that most 4 00:00:08,920 --> 00:00:12,040 Speaker 1: players understand the power that they have. Michael. The future 5 00:00:12,080 --> 00:00:15,920 Speaker 1: of IndyCar racing is looking bright. Scott Sashnik very basic 6 00:00:15,960 --> 00:00:18,959 Speaker 1: math here, more bidders means more money. Evan Nobody Williams. 7 00:00:18,960 --> 00:00:22,079 Speaker 1: The team value has essentially quadruples. And the leaders in 8 00:00:22,120 --> 00:00:25,480 Speaker 1: the sports industry time to bring in our guest, Hal's Flibrunner, 9 00:00:25,600 --> 00:00:29,320 Speaker 1: National Hockey League Commissioner Gary Betman, Atlanta Braves president Derek Schiller, 10 00:00:29,400 --> 00:00:34,560 Speaker 1: Patriots President Jonathan Kraft. Bloomberg Business of Sports from Bloomberg Radio. Hello, 11 00:00:34,600 --> 00:00:37,160 Speaker 1: I'm Michael Barr and I Nevan Nobe Williams. Every week 12 00:00:37,159 --> 00:00:39,720 Speaker 1: at this time, plus Mondays and Wednesdays, we explore the 13 00:00:39,760 --> 00:00:42,640 Speaker 1: big money issues in the world of sports. On today's show, 14 00:00:42,680 --> 00:00:45,640 Speaker 1: we speak with Terry Jackson, executive director of the Women's 15 00:00:45,720 --> 00:00:49,960 Speaker 1: National Basketball Players Association, about the new collective bargaining agreement 16 00:00:50,000 --> 00:00:53,720 Speaker 1: with the league that includes a significant salary bump, marketing 17 00:00:54,040 --> 00:00:58,959 Speaker 1: and career development opportunities, enhanced family benefits, and what that 18 00:00:59,000 --> 00:01:02,480 Speaker 1: negotiation proce tess was like, we're no longer going to 19 00:01:02,520 --> 00:01:05,800 Speaker 1: be satisfied neither one of us, neither on the players 20 00:01:05,840 --> 00:01:08,039 Speaker 1: side or on the union, on the league and the 21 00:01:08,080 --> 00:01:11,360 Speaker 1: team side. We're not going to be satisfied with how 22 00:01:11,400 --> 00:01:14,240 Speaker 1: this has been run. It is time to bump it up. 23 00:01:14,520 --> 00:01:16,600 Speaker 1: It is time to say we are in it to 24 00:01:16,720 --> 00:01:19,520 Speaker 1: win it. We'll have more of our interview with Jerry Jackson, 25 00:01:19,600 --> 00:01:22,280 Speaker 1: executive director of the w n B p A, in 26 00:01:22,280 --> 00:01:24,440 Speaker 1: a few minutes, but first, let's look at the top 27 00:01:24,480 --> 00:01:27,399 Speaker 1: stories of the week, and let's just just hand it 28 00:01:27,400 --> 00:01:31,280 Speaker 1: out money. Oh, tell Beckham handing out cash the L 29 00:01:31,360 --> 00:01:34,120 Speaker 1: s U players after they won the national title. Yeah, 30 00:01:34,240 --> 00:01:36,720 Speaker 1: you take some money, and you take some money. Yeah, 31 00:01:36,760 --> 00:01:39,600 Speaker 1: what a mess this became. You know, I believe O'Dell 32 00:01:39,640 --> 00:01:42,440 Speaker 1: Beckham put it on his Instagram account immediately right him, 33 00:01:42,480 --> 00:01:44,920 Speaker 1: you know, reaching into a Fannie pack and handing out 34 00:01:44,959 --> 00:01:48,800 Speaker 1: cash two different players. Uh. The L s U apparently 35 00:01:49,080 --> 00:01:51,840 Speaker 1: told some reporters originally that it was fake money, which 36 00:01:51,880 --> 00:01:55,920 Speaker 1: I don't think anybody in the world believed that. Now 37 00:01:56,160 --> 00:01:58,720 Speaker 1: now it sounds like Joe Burrow, you know, said on 38 00:01:58,720 --> 00:02:01,480 Speaker 1: a podcast earlier this week, it was real. Uh. The 39 00:02:02,280 --> 00:02:04,040 Speaker 1: school says it's looking into it. I reached out to 40 00:02:04,040 --> 00:02:06,360 Speaker 1: the n C a A. They say, you know, contact 41 00:02:06,400 --> 00:02:09,239 Speaker 1: the school, they'll they'll give you the updates. Michael, do 42 00:02:09,240 --> 00:02:10,440 Speaker 1: you have a problem with this? Do you have a 43 00:02:10,440 --> 00:02:13,120 Speaker 1: problem with with an alumni, you know, a guy who's 44 00:02:13,120 --> 00:02:15,080 Speaker 1: a star in his own right, you know, once a 45 00:02:15,120 --> 00:02:17,080 Speaker 1: game is over, especially to some of these guys like 46 00:02:17,160 --> 00:02:21,040 Speaker 1: Joe Burrow, who you know eligibility left or leaving to 47 00:02:21,080 --> 00:02:23,200 Speaker 1: go pro. Do we have a problem with with an 48 00:02:23,240 --> 00:02:26,080 Speaker 1: alum handing out cash on the sideline. I get where 49 00:02:26,080 --> 00:02:29,280 Speaker 1: you're going with that. However, it is a rule, an 50 00:02:29,360 --> 00:02:32,520 Speaker 1: n C double a rule that the players can't take 51 00:02:32,600 --> 00:02:36,799 Speaker 1: money from alumni. But you know, once you're done, once 52 00:02:36,840 --> 00:02:40,079 Speaker 1: the final snap is over, Like Joe Burrow, I love 53 00:02:40,120 --> 00:02:44,680 Speaker 1: his replies like yeah, I'm done. Yeah. I wonder if 54 00:02:44,720 --> 00:02:49,880 Speaker 1: there are high school football players out there watching thinking, huh, 55 00:02:50,120 --> 00:02:52,919 Speaker 1: maybe I should go to L s U. But I mean, 56 00:02:53,360 --> 00:02:55,519 Speaker 1: the way I fall on this, I think it's I 57 00:02:55,560 --> 00:02:58,080 Speaker 1: think it's funny. Personally, I don't have a problem with it. 58 00:02:58,120 --> 00:02:59,880 Speaker 1: I think if I worked at L s U, I 59 00:03:00,000 --> 00:03:01,720 Speaker 1: would certainly have a problem with it. Right And and 60 00:03:02,120 --> 00:03:04,880 Speaker 1: if any of the players who took that cash are 61 00:03:04,880 --> 00:03:07,760 Speaker 1: looking to retain their eligibility, right, that might be a problem. 62 00:03:07,840 --> 00:03:09,600 Speaker 1: And more broadly, right, I don't think the n c 63 00:03:09,680 --> 00:03:12,920 Speaker 1: A loves the idea of even if players are no 64 00:03:13,000 --> 00:03:15,360 Speaker 1: longer you know, gonna be n c A athletes, the 65 00:03:15,400 --> 00:03:18,639 Speaker 1: idea that a National Championship games, you know, wealthy boosters 66 00:03:18,720 --> 00:03:21,440 Speaker 1: or wealthy alumni are standing on the sidelines handing out 67 00:03:21,440 --> 00:03:22,959 Speaker 1: bags of cash. Right. So I don't think it's a 68 00:03:23,000 --> 00:03:24,680 Speaker 1: great look if you're if you're the league or you're 69 00:03:24,720 --> 00:03:27,200 Speaker 1: the n c a A. But on the whole, I 70 00:03:27,200 --> 00:03:30,760 Speaker 1: think it's funny. Yeah it is. But I've been looking around. 71 00:03:31,320 --> 00:03:33,560 Speaker 1: How much money was it? I mean how many how 72 00:03:33,560 --> 00:03:37,560 Speaker 1: many dollars did? I mean those were hundreds, right, I 73 00:03:37,560 --> 00:03:40,320 Speaker 1: mean one of the Jefferson, that wide receiver, the clip 74 00:03:40,400 --> 00:03:42,560 Speaker 1: that was circulating, right, he got you know, five or 75 00:03:42,560 --> 00:03:45,080 Speaker 1: six bills, maybe even more. Right, So probably not nothing, 76 00:03:45,160 --> 00:03:47,560 Speaker 1: especially if you're a college athlete, right who who? You know, 77 00:03:47,600 --> 00:03:49,120 Speaker 1: you're not making a ton of money as we know 78 00:03:49,640 --> 00:03:53,440 Speaker 1: on the side already, Oh my goodness. Moving along, fanatics 79 00:03:53,520 --> 00:03:56,160 Speaker 1: continues to take over the world with the deal with 80 00:03:56,680 --> 00:03:59,480 Speaker 1: Notre Dame. Yeah, this is I mean, as we've talked 81 00:03:59,480 --> 00:04:01,960 Speaker 1: about many times on this show. You know, Fanatics is 82 00:04:01,960 --> 00:04:05,920 Speaker 1: the dominant, almost monopolistic brand in in licensed sports apparel, 83 00:04:06,200 --> 00:04:09,000 Speaker 1: you know, and they're branching out into college. You know, 84 00:04:09,040 --> 00:04:12,200 Speaker 1: they're taking over licensing departments at college, becoming kind of 85 00:04:12,240 --> 00:04:14,600 Speaker 1: the master licensee for lack of a better word, for 86 00:04:14,640 --> 00:04:17,320 Speaker 1: a lot of these schools. And essentially what they're doing is, 87 00:04:17,400 --> 00:04:19,360 Speaker 1: you know, they're gonna make a lot of the product 88 00:04:19,400 --> 00:04:23,880 Speaker 1: you know, Notre Dame T shirts, lepre con shirts, etcetera. Um, 89 00:04:23,960 --> 00:04:25,800 Speaker 1: and they're gonna work with other partners. Right, So the 90 00:04:25,839 --> 00:04:28,880 Speaker 1: Notre Dame under Arma deal for example, right, that's not changing. 91 00:04:29,200 --> 00:04:31,560 Speaker 1: Under Armura will continue to make uniforms and you can 92 00:04:31,560 --> 00:04:34,200 Speaker 1: still buy under arm Our uniforms for Notre Dame. But 93 00:04:34,680 --> 00:04:37,440 Speaker 1: the pitch that that Fanatics makes essentially is a guarantee 94 00:04:37,440 --> 00:04:39,960 Speaker 1: of royalties. Right and even if your Notre Dame, which 95 00:04:40,000 --> 00:04:42,600 Speaker 1: is a global brand, you know, if your football team 96 00:04:42,600 --> 00:04:45,920 Speaker 1: and basketball teams are not playing well, your royalties, your 97 00:04:46,000 --> 00:04:48,320 Speaker 1: your your merchandise sales can dip a little bit. So 98 00:04:48,440 --> 00:04:51,880 Speaker 1: Fanatics offers a guarantee there. Um. They also offer you know, 99 00:04:51,960 --> 00:04:54,560 Speaker 1: sales data about who your customers are, what they like, 100 00:04:54,640 --> 00:04:56,800 Speaker 1: and where they are. And also you know, that they 101 00:04:56,800 --> 00:04:58,360 Speaker 1: have a speed that a lot of you know, a 102 00:04:58,440 --> 00:05:01,240 Speaker 1: lot of apparel companies don't have. Right. So if the 103 00:05:01,440 --> 00:05:05,040 Speaker 1: Notre Dame quarterback has a crazy game, you know, eight 104 00:05:05,080 --> 00:05:07,880 Speaker 1: touchdown game next year, fanatics, if they want to can 105 00:05:07,920 --> 00:05:10,440 Speaker 1: put together, you know, an a touchdown shirt that the 106 00:05:10,440 --> 00:05:13,400 Speaker 1: school can approve and they can put on sale almost immediately, right, 107 00:05:13,400 --> 00:05:16,680 Speaker 1: And that's an alluring prospect, especially now with how fickle 108 00:05:16,720 --> 00:05:19,080 Speaker 1: and how mobile you know, T shirt buyers are. I 109 00:05:19,120 --> 00:05:21,640 Speaker 1: was looking at the pictures of some of the items 110 00:05:21,680 --> 00:05:24,120 Speaker 1: and one is on a football and no, not the 111 00:05:24,120 --> 00:05:27,719 Speaker 1: plastic football. We're talking a real deal football with the 112 00:05:27,800 --> 00:05:32,600 Speaker 1: Notre Dame fighting Irish leprechn mascot on the football. Yeah. 113 00:05:32,600 --> 00:05:34,960 Speaker 1: One of the fun things I in writing this story 114 00:05:35,120 --> 00:05:38,040 Speaker 1: this week, you know, talking to the folks at Notre Dame. 115 00:05:38,080 --> 00:05:40,160 Speaker 1: They have two hundred licensees, right, so there are two 116 00:05:40,240 --> 00:05:42,760 Speaker 1: hundred different companies that they work with to give the 117 00:05:42,800 --> 00:05:45,680 Speaker 1: Notre Dame logo or mascot or or some kind of 118 00:05:45,720 --> 00:05:48,560 Speaker 1: I P two to make product everything from as you said, 119 00:05:48,560 --> 00:05:50,919 Speaker 1: footballs to T shirts. And I thought that was a 120 00:05:50,920 --> 00:05:53,839 Speaker 1: crazy high number, two hundred different companies. Turns out that's 121 00:05:54,000 --> 00:05:56,400 Speaker 1: crazy low. There there are a lot of schools out 122 00:05:56,400 --> 00:05:59,800 Speaker 1: there that have four hundred or even six hundred licensing 123 00:05:59,800 --> 00:06:01,719 Speaker 1: part nurse, right, just to give you a sense of 124 00:06:01,720 --> 00:06:05,360 Speaker 1: how much work goes in at these schools to getting 125 00:06:05,400 --> 00:06:07,440 Speaker 1: you know, the T shirt or the bubble head or 126 00:06:07,480 --> 00:06:11,320 Speaker 1: the pennant or the logo grill that that fans have 127 00:06:11,400 --> 00:06:14,880 Speaker 1: all over the country moving along, and uh, well we 128 00:06:14,960 --> 00:06:17,240 Speaker 1: all know I like the gamble. I might gonna lie 129 00:06:17,240 --> 00:06:21,200 Speaker 1: about it. And yes, I drive home through New Jersey 130 00:06:21,440 --> 00:06:25,800 Speaker 1: and guess what New Jersey is rolling. New Jersey's twenty 131 00:06:25,920 --> 00:06:31,080 Speaker 1: nineteen sports betting handled four point fifty eight billion dollars. 132 00:06:31,120 --> 00:06:32,400 Speaker 1: How much of that was you? And I do you 133 00:06:32,440 --> 00:06:37,080 Speaker 1: think probably that eight? So yeah, so four point five 134 00:06:37,160 --> 00:06:39,599 Speaker 1: eight billion that's handled. So that's the amount that was 135 00:06:39,680 --> 00:06:44,039 Speaker 1: wagered at at at New Jersey sports books. Pretty crazy number, right, 136 00:06:44,080 --> 00:06:47,520 Speaker 1: I think I think this is right that that Nevada 137 00:06:47,560 --> 00:06:48,919 Speaker 1: is going to beat that, I think this year, but 138 00:06:49,000 --> 00:06:51,400 Speaker 1: that that number would have been you know, second or 139 00:06:51,440 --> 00:06:54,840 Speaker 1: third highest ever in Nevada. Right. So this idea that 140 00:06:55,000 --> 00:06:57,520 Speaker 1: more states was going to cannibalize what Nevada has going 141 00:06:57,560 --> 00:07:00,600 Speaker 1: on has not borne out at all. And no question, 142 00:07:00,760 --> 00:07:03,720 Speaker 1: you know, you live in Pennsylvania. Pennsylvania is now up 143 00:07:03,720 --> 00:07:05,600 Speaker 1: and running, but it wasn't at the start of the year. 144 00:07:05,960 --> 00:07:08,800 Speaker 1: The fact that New York has struggled to get this 145 00:07:08,880 --> 00:07:13,520 Speaker 1: off the ground is absolutely benefiting New Jersey sports books. Right. 146 00:07:13,520 --> 00:07:15,400 Speaker 1: There are so many I mean, myself included, I live 147 00:07:15,440 --> 00:07:17,960 Speaker 1: in New York. I obviously don't gamble legally in New York, right, 148 00:07:17,960 --> 00:07:20,640 Speaker 1: A gamble legally in New Jersey. So they're benefiting a 149 00:07:20,680 --> 00:07:23,800 Speaker 1: lot from the fact that New Yorker is still cannot 150 00:07:23,800 --> 00:07:26,800 Speaker 1: do this legally, but a pretty huge number. And plus 151 00:07:27,440 --> 00:07:30,920 Speaker 1: it's not just the four major food groups. There are 152 00:07:30,920 --> 00:07:34,120 Speaker 1: so many prop bets out there. There's one site now 153 00:07:34,120 --> 00:07:37,240 Speaker 1: where you can bet on the Oscar winners, and and 154 00:07:37,400 --> 00:07:40,560 Speaker 1: a lot of people, and including a lot of women, 155 00:07:40,600 --> 00:07:42,120 Speaker 1: are like, hey, wait a minute, I want to get 156 00:07:42,120 --> 00:07:44,480 Speaker 1: in this. Yeah, yeah, I was looking at the prop 157 00:07:44,520 --> 00:07:47,600 Speaker 1: bets for you know, the NFL playoffs for example. Right, 158 00:07:47,600 --> 00:07:49,440 Speaker 1: there's some crazy stuff there. And you know this isn't 159 00:07:49,480 --> 00:07:51,560 Speaker 1: gonna happen at legal sports books, but you know you 160 00:07:51,560 --> 00:07:53,520 Speaker 1: can bet on the length of the national anthem at 161 00:07:53,560 --> 00:07:56,440 Speaker 1: the Super Bowl, right. Gemmilvado, pop star just announced she's 162 00:07:56,440 --> 00:07:58,680 Speaker 1: going to do that. I saw people tweeting today. You 163 00:07:58,680 --> 00:08:02,200 Speaker 1: know she tends to go slow and when she's done 164 00:08:02,200 --> 00:08:04,040 Speaker 1: this a number of times at different sporting events, and 165 00:08:04,040 --> 00:08:06,120 Speaker 1: there's already a book out on her work, and she 166 00:08:06,160 --> 00:08:08,400 Speaker 1: tends to go slow. So you know you're right there. 167 00:08:08,520 --> 00:08:11,040 Speaker 1: That's going to expand also, right we're gonna see more 168 00:08:11,080 --> 00:08:13,960 Speaker 1: and more of the legal sports books trying to branch 169 00:08:14,000 --> 00:08:17,640 Speaker 1: out into fun new offerings, different ways of gambling to 170 00:08:17,680 --> 00:08:19,520 Speaker 1: try to draw in more and more people. Now, let's 171 00:08:19,560 --> 00:08:23,040 Speaker 1: get to this week's interview with Terry Jackson, executive director 172 00:08:23,120 --> 00:08:26,800 Speaker 1: of the Women's National Basketball Players Association. Terry, thank you 173 00:08:26,920 --> 00:08:30,000 Speaker 1: very much, and I think congratulations are in order. No, 174 00:08:30,400 --> 00:08:34,400 Speaker 1: you think congratulation you said you were you know, you'd 175 00:08:34,440 --> 00:08:36,719 Speaker 1: like to be positive every day, So I don't know 176 00:08:36,800 --> 00:08:39,439 Speaker 1: if today you're a little more positive than two days 177 00:08:39,480 --> 00:08:46,160 Speaker 1: ago or than tomorrow. But I think overall this bears congratulations, 178 00:08:46,840 --> 00:08:51,240 Speaker 1: absolutely absolutely. You know, I had my first vice president 179 00:08:51,520 --> 00:08:54,000 Speaker 1: who probably summed it up best how we were all 180 00:08:54,080 --> 00:08:57,840 Speaker 1: feeling in the moment. We're still processing it all. It's 181 00:08:57,880 --> 00:09:02,920 Speaker 1: still so big and so and but um, we yes, 182 00:09:03,080 --> 00:09:06,440 Speaker 1: we feel great about where we have landed for for 183 00:09:06,480 --> 00:09:10,600 Speaker 1: the players. Um, and I will say we we feel 184 00:09:10,679 --> 00:09:14,400 Speaker 1: great where where the league is headed and positioned for 185 00:09:14,440 --> 00:09:18,480 Speaker 1: the future. This is an exciting day for for for 186 00:09:18,520 --> 00:09:22,960 Speaker 1: women's basketball and and for for women athletes who play 187 00:09:22,960 --> 00:09:25,560 Speaker 1: in team sports. Harry, I gotta tell you, looking at 188 00:09:25,600 --> 00:09:29,000 Speaker 1: it as someone who has followed the NBA and the 189 00:09:29,160 --> 00:09:31,680 Speaker 1: w n B a uh since its inception, I know 190 00:09:31,720 --> 00:09:34,679 Speaker 1: how much David Stern really wanted it to succeed. But 191 00:09:34,760 --> 00:09:38,800 Speaker 1: I've also spent years hearing about players complaining about losses 192 00:09:39,160 --> 00:09:40,800 Speaker 1: and oh do we have to own it doesn't have 193 00:09:40,840 --> 00:09:43,200 Speaker 1: to be tied to a particular team. You've heard all 194 00:09:43,240 --> 00:09:46,319 Speaker 1: of that. I'm and I mean this seriously. It's gonna 195 00:09:46,360 --> 00:09:49,680 Speaker 1: sound like a silly question, but I mean this seriously. 196 00:09:50,240 --> 00:09:54,800 Speaker 1: How did you do this? The mindset, the mindset that 197 00:09:54,920 --> 00:09:58,520 Speaker 1: I know of the owners not too long ago, did 198 00:09:58,559 --> 00:10:01,319 Speaker 1: not align with top players learning more than five hundred 199 00:10:01,400 --> 00:10:05,520 Speaker 1: thousand UM, tripling the previous deal, other players earning between 200 00:10:05,520 --> 00:10:08,400 Speaker 1: two hundred and three three hundred thousand average salary of 201 00:10:08,400 --> 00:10:12,480 Speaker 1: a hundred and thirty thousand more liberal free agency, better travel, 202 00:10:12,559 --> 00:10:15,920 Speaker 1: better hotel, childcare. I mean, I just didn't see him 203 00:10:15,920 --> 00:10:19,719 Speaker 1: agreeing to all this. How did they come together? Okay, 204 00:10:19,559 --> 00:10:22,200 Speaker 1: I a couple of things to answer that. When I 205 00:10:22,240 --> 00:10:25,480 Speaker 1: first started in this job, UM four and a half 206 00:10:25,559 --> 00:10:28,880 Speaker 1: years ago, I guess it is now. Immediately what came 207 00:10:28,920 --> 00:10:32,200 Speaker 1: across to me is do they want to have a league? 208 00:10:32,400 --> 00:10:34,760 Speaker 1: You know, I saw how the players were living, how 209 00:10:34,800 --> 00:10:38,040 Speaker 1: they were traveling. Of course, I have firsthand access to 210 00:10:38,640 --> 00:10:42,319 Speaker 1: what they're making, what the opportunities are. UM, I didn't 211 00:10:42,320 --> 00:10:44,640 Speaker 1: know a whole lot at that point in the beginning 212 00:10:44,720 --> 00:10:48,000 Speaker 1: on the business side, but the question really seemed to 213 00:10:48,080 --> 00:10:51,640 Speaker 1: be that basic, do you really want to have a league? 214 00:10:51,960 --> 00:10:54,040 Speaker 1: Do you want to do this? And so as we 215 00:10:54,040 --> 00:10:57,559 Speaker 1: were understanding the business, as we were having the conversations 216 00:10:57,600 --> 00:11:00,400 Speaker 1: with the players about whether or not we were going 217 00:11:00,480 --> 00:11:03,560 Speaker 1: to opt out of that last agreement or or stay 218 00:11:03,559 --> 00:11:07,120 Speaker 1: in it UM, we we really got our arms around 219 00:11:07,200 --> 00:11:10,120 Speaker 1: all of that and we said, you know what, here, 220 00:11:10,240 --> 00:11:13,840 Speaker 1: here's the question. If you want to have a league, 221 00:11:13,920 --> 00:11:16,440 Speaker 1: if you want to have the best of the best 222 00:11:16,720 --> 00:11:21,760 Speaker 1: women athletes playing basketball as as part of your UM 223 00:11:22,280 --> 00:11:25,120 Speaker 1: family of leagues, if you want a w n b A, 224 00:11:25,880 --> 00:11:28,480 Speaker 1: this is what you have to do. We're no, We're 225 00:11:28,520 --> 00:11:32,080 Speaker 1: no longer going to be satisfied, neither one of us, 226 00:11:32,120 --> 00:11:34,240 Speaker 1: Neither on the players side, or on the union, on 227 00:11:34,360 --> 00:11:36,559 Speaker 1: the league and the team side. We're not going to 228 00:11:36,679 --> 00:11:40,080 Speaker 1: be satisfied with how this has been run. It is 229 00:11:40,160 --> 00:11:42,680 Speaker 1: time to bump it up. It is time to say 230 00:11:42,760 --> 00:11:45,920 Speaker 1: we are in it to win it. Um and And 231 00:11:46,679 --> 00:11:50,520 Speaker 1: as you frame the conversation that way, as you say, look, 232 00:11:50,559 --> 00:11:53,480 Speaker 1: and we're not going to compare ourselves to any other league. 233 00:11:53,720 --> 00:11:56,680 Speaker 1: We're looking at who we are. But if you have 234 00:11:56,840 --> 00:11:59,160 Speaker 1: the best of the best, they have to travel better. 235 00:11:59,400 --> 00:12:02,280 Speaker 1: You have to value their performance on the court better. 236 00:12:02,320 --> 00:12:05,400 Speaker 1: That means you have to pay them better. Um and 237 00:12:05,400 --> 00:12:08,199 Speaker 1: and you you have to recognize that they need additional 238 00:12:08,240 --> 00:12:11,960 Speaker 1: supports for health and wellness, They need additional supports as 239 00:12:12,040 --> 00:12:16,080 Speaker 1: working moms. If you have the honest conversations about that, 240 00:12:16,480 --> 00:12:19,320 Speaker 1: and you do it with with folks on the other side, 241 00:12:19,760 --> 00:12:22,360 Speaker 1: Kathy and her team, I will give her credit. Um 242 00:12:22,400 --> 00:12:25,680 Speaker 1: there were perhaps more women at the table this time. 243 00:12:26,080 --> 00:12:29,120 Speaker 1: When you have those honest conversations about what it means 244 00:12:29,240 --> 00:12:33,800 Speaker 1: for for professional working women, you get to the bottom 245 00:12:33,840 --> 00:12:36,760 Speaker 1: of those questions, you get to those answers, and you 246 00:12:36,920 --> 00:12:40,719 Speaker 1: arrive at an agreement that looks a whole lot like 247 00:12:40,760 --> 00:12:44,160 Speaker 1: what we we managed to get with the league most recently, now, 248 00:12:44,200 --> 00:12:46,640 Speaker 1: I know you're not in on the private discussions on 249 00:12:46,720 --> 00:12:49,280 Speaker 1: the league side, you're sitting across the table. But I 250 00:12:49,280 --> 00:12:53,679 Speaker 1: have covered many of these negotiations, and my experience is 251 00:12:53,720 --> 00:12:57,280 Speaker 1: that on the management side, there are always hawks and doves, 252 00:12:57,280 --> 00:12:59,960 Speaker 1: those those hardliners they know we can't, and then those 253 00:13:00,080 --> 00:13:02,120 Speaker 1: pushing forward, well, yes we can. We should compromise. And 254 00:13:02,160 --> 00:13:05,440 Speaker 1: here's why. What is your senses? Who was hawk? Who 255 00:13:05,559 --> 00:13:08,040 Speaker 1: was dove? Uh? And how did it? How does this 256 00:13:08,080 --> 00:13:11,760 Speaker 1: play on the ownership side of things? You know, I, 257 00:13:12,200 --> 00:13:16,360 Speaker 1: I don't know. I don't know. I I um. There 258 00:13:16,400 --> 00:13:19,520 Speaker 1: were I would imagine there were a lot of those 259 00:13:19,600 --> 00:13:21,679 Speaker 1: kinds of conversations. But at the end of the day, 260 00:13:21,760 --> 00:13:24,640 Speaker 1: they said, hey, look, we want this to be better. 261 00:13:25,120 --> 00:13:27,280 Speaker 1: We want this to be better. And if this is 262 00:13:27,320 --> 00:13:30,200 Speaker 1: what it costs us to do to do business in 263 00:13:30,240 --> 00:13:32,319 Speaker 1: a in a better way, in a way that supports 264 00:13:32,920 --> 00:13:36,080 Speaker 1: the players, and in a way that has that gives 265 00:13:36,160 --> 00:13:37,960 Speaker 1: us a better product, at the end of the day, 266 00:13:38,160 --> 00:13:40,199 Speaker 1: this is what we're going to have to do. One 267 00:13:40,240 --> 00:13:42,160 Speaker 1: of the things that the players say. And I want 268 00:13:42,160 --> 00:13:45,200 Speaker 1: to give Shane Glue McKay um um credit for this, 269 00:13:46,080 --> 00:13:48,480 Speaker 1: you know, in in in really kind of bringing this 270 00:13:48,679 --> 00:13:52,360 Speaker 1: to UM. The beginning of our conversations is, you know, 271 00:13:52,840 --> 00:13:55,120 Speaker 1: we want it, we want better, we want better, but 272 00:13:55,200 --> 00:13:57,000 Speaker 1: we're going to have to do it differently. We're going 273 00:13:57,080 --> 00:13:59,360 Speaker 1: to have to look at a different model. We're gonna 274 00:13:59,360 --> 00:14:01,959 Speaker 1: have to not just tweak the model each time. We're 275 00:14:01,960 --> 00:14:04,400 Speaker 1: gonna actually have to have a whole new model at 276 00:14:04,440 --> 00:14:07,480 Speaker 1: this and so UM we were open to that kind 277 00:14:07,520 --> 00:14:10,040 Speaker 1: of change. We saw that that the league and and 278 00:14:10,320 --> 00:14:12,920 Speaker 1: many of the teams, if not all of them, they 279 00:14:13,000 --> 00:14:16,600 Speaker 1: were open to that that kind of change to UM, 280 00:14:17,520 --> 00:14:19,720 Speaker 1: and we just finally got there, Scott, I don't know, 281 00:14:19,840 --> 00:14:22,440 Speaker 1: I don't You're right, I'm not privy to those conversations. 282 00:14:22,480 --> 00:14:26,080 Speaker 1: And you know, you know are the league looks different 283 00:14:26,080 --> 00:14:29,160 Speaker 1: from when UM, David Stern you know started this so 284 00:14:29,160 --> 00:14:31,960 Speaker 1: many years ago, more than twenty years ago, right there. 285 00:14:32,400 --> 00:14:36,720 Speaker 1: There are some teams that are affiliated teams, There are 286 00:14:36,720 --> 00:14:40,120 Speaker 1: some teams that are owned by casinos for example, UM, 287 00:14:40,160 --> 00:14:43,040 Speaker 1: you know it, and there are independent teams. It looks 288 00:14:43,200 --> 00:14:47,560 Speaker 1: very different, and folks have have varying levels of resources 289 00:14:47,600 --> 00:14:50,800 Speaker 1: and and different abilities to to market the team and 290 00:14:50,960 --> 00:14:53,680 Speaker 1: in their own cities and their in their own team markets. 291 00:14:54,040 --> 00:14:56,240 Speaker 1: We understood that can we get into terry. Can we 292 00:14:56,240 --> 00:14:58,280 Speaker 1: get into some of those differences actually, because I think, 293 00:14:58,320 --> 00:15:00,680 Speaker 1: you know, a lot of NBA fans might think of 294 00:15:00,720 --> 00:15:03,160 Speaker 1: the w n b A as operating essentially the same way, 295 00:15:03,280 --> 00:15:06,480 Speaker 1: you know, individually owned by you know, fairly rich people 296 00:15:06,480 --> 00:15:08,760 Speaker 1: who want to do their own things with teams. Uh. 297 00:15:08,840 --> 00:15:10,920 Speaker 1: The w n b A launched, as you said, twenty 298 00:15:11,000 --> 00:15:13,880 Speaker 1: years ago, it was all single entity at that point, right, So, 299 00:15:13,880 --> 00:15:16,520 Speaker 1: so that the league essentially owned all the teams. And 300 00:15:16,560 --> 00:15:18,560 Speaker 1: now we have what we have this kind of mix 301 00:15:18,720 --> 00:15:22,200 Speaker 1: of independently owned teams and then teams that are owned 302 00:15:22,240 --> 00:15:26,000 Speaker 1: by their NBA partners. There are teams owned by corporations. 303 00:15:26,040 --> 00:15:27,960 Speaker 1: Kind of how does the ownership structure look right now 304 00:15:28,000 --> 00:15:31,080 Speaker 1: for folks who don't know, Yeah, I guess I would. 305 00:15:31,120 --> 00:15:33,840 Speaker 1: I would say very you know, kind of a high 306 00:15:33,920 --> 00:15:36,760 Speaker 1: level description of of of what the teams look like 307 00:15:36,880 --> 00:15:39,960 Speaker 1: right now or what the of the ownership is right now. 308 00:15:40,720 --> 00:15:43,920 Speaker 1: There are still some NBA affiliated teams, so for example, 309 00:15:44,440 --> 00:15:48,840 Speaker 1: UM Phoenix, right Um, there are some that are independent, UM, 310 00:15:48,880 --> 00:15:52,960 Speaker 1: independently owned and in Atlanta as an example, Chicago as 311 00:15:53,000 --> 00:15:55,600 Speaker 1: an example, Seattle. Folks might be surprised that l A 312 00:15:56,120 --> 00:15:58,280 Speaker 1: is an example. I think sometimes they assume that there 313 00:15:58,360 --> 00:16:00,480 Speaker 1: there might be a connection with one of the NBA 314 00:16:00,520 --> 00:16:03,000 Speaker 1: affiliated teams in in in l A. But that's not 315 00:16:03,040 --> 00:16:07,000 Speaker 1: the case UM. And and and then I think what's interesting, 316 00:16:07,280 --> 00:16:10,680 Speaker 1: UM the team that's in Vegas was actually the team 317 00:16:10,720 --> 00:16:13,520 Speaker 1: that was formerly in San Antonio, UM part of an 318 00:16:13,600 --> 00:16:17,920 Speaker 1: NBA affiliated team. But then MGM bought the San Antonio 319 00:16:18,000 --> 00:16:21,480 Speaker 1: Stars UM and brought them to Vegas, and they are 320 00:16:21,560 --> 00:16:24,960 Speaker 1: the Las Vegas Aces now. And and you know, to 321 00:16:25,080 --> 00:16:29,560 Speaker 1: have that affiliation UM, that that relationship with with the 322 00:16:29,720 --> 00:16:33,440 Speaker 1: casino I think brings a whole new element. UM Connecticut 323 00:16:33,520 --> 00:16:35,400 Speaker 1: is the same way brings a whole new element an 324 00:16:35,400 --> 00:16:40,480 Speaker 1: opportunity for for those ownership groups UM to market UM 325 00:16:40,720 --> 00:16:44,280 Speaker 1: and they look for entertainment as their content and so 326 00:16:44,360 --> 00:16:48,120 Speaker 1: they have the machine to kind of drive that and 327 00:16:48,120 --> 00:16:51,600 Speaker 1: and get out pretty fast into the community. UM and 328 00:16:51,640 --> 00:16:55,000 Speaker 1: developed those relationships with corporate partners really very quickly. What 329 00:16:55,000 --> 00:16:57,920 Speaker 1: what Las Vegas has been able to do, I will 330 00:16:57,960 --> 00:17:01,440 Speaker 1: tell you UM is probably very close to the gold 331 00:17:01,520 --> 00:17:04,720 Speaker 1: standard in terms of how to market UM a w 332 00:17:04,880 --> 00:17:08,840 Speaker 1: NBA team. Again, they have those resources and so it 333 00:17:08,880 --> 00:17:10,639 Speaker 1: would be different for some of the other ones, but 334 00:17:10,720 --> 00:17:13,199 Speaker 1: it's it's it's very very interesting. We have players in 335 00:17:13,640 --> 00:17:18,080 Speaker 1: in that city who UM largely feel very good about, 336 00:17:18,160 --> 00:17:20,920 Speaker 1: you know, how they live, how they travel and UM, 337 00:17:21,040 --> 00:17:23,560 Speaker 1: and and how they how they go to work and 338 00:17:23,600 --> 00:17:25,840 Speaker 1: what is the what is the relationship right now between 339 00:17:25,880 --> 00:17:28,000 Speaker 1: the NBA and the w n b A From a 340 00:17:28,040 --> 00:17:31,720 Speaker 1: business standpoint, from where we sit, we look at the 341 00:17:31,960 --> 00:17:34,600 Speaker 1: w n b A as as our league. We have 342 00:17:34,760 --> 00:17:38,840 Speaker 1: a commissioner um that which gives the league you know, um, 343 00:17:38,880 --> 00:17:41,760 Speaker 1: that kind of distinction. UM, but we also recognize that 344 00:17:41,840 --> 00:17:44,600 Speaker 1: it is part of a family of leagues and in 345 00:17:44,680 --> 00:17:49,720 Speaker 1: part of the NBA's overall um uh brand. Do you 346 00:17:49,720 --> 00:17:51,840 Speaker 1: have any sense I know that you know there's always 347 00:17:51,880 --> 00:17:53,840 Speaker 1: you know, the unions are always trying to get financial 348 00:17:53,840 --> 00:17:56,680 Speaker 1: information that you know, the league and commissioner are always 349 00:17:56,680 --> 00:17:58,520 Speaker 1: trying to kind of keep private. Do you have any 350 00:17:58,520 --> 00:18:03,080 Speaker 1: sense if any of these teams are profited? UM? I 351 00:18:03,840 --> 00:18:07,240 Speaker 1: guess the way they answer that is, um, there are 352 00:18:07,320 --> 00:18:10,760 Speaker 1: some teams that or have done have done well that 353 00:18:10,800 --> 00:18:12,680 Speaker 1: are you know that are that are doing that are 354 00:18:12,720 --> 00:18:15,919 Speaker 1: doing well? UM? Are there a lot of teams like that? Probably? 355 00:18:16,119 --> 00:18:21,640 Speaker 1: The answer that's probably not um, But but you know, overall, 356 00:18:21,920 --> 00:18:26,080 Speaker 1: I think the league is is a really really solid league, 357 00:18:26,359 --> 00:18:31,240 Speaker 1: um Um financially and and this c b A will 358 00:18:31,280 --> 00:18:34,280 Speaker 1: put them in a position to to really be to 359 00:18:34,400 --> 00:18:37,240 Speaker 1: shore that up and and to really position for what's next. 360 00:18:37,280 --> 00:18:40,200 Speaker 1: So UM, you're right, I can't talk a whole lot 361 00:18:40,240 --> 00:18:44,200 Speaker 1: about financially what what the teams and the league look like. UM. 362 00:18:44,240 --> 00:18:48,119 Speaker 1: This is a solid business um. And and surely it 363 00:18:48,200 --> 00:18:51,200 Speaker 1: must be right because we opted out of the agreement 364 00:18:51,359 --> 00:18:55,360 Speaker 1: having some information, getting more information UM as we work 365 00:18:55,400 --> 00:18:59,200 Speaker 1: through to a point of formal negotiations um and and 366 00:18:59,240 --> 00:19:02,800 Speaker 1: we understood what what could be possible. UM. We also 367 00:19:02,880 --> 00:19:06,600 Speaker 1: understood that that the league UM was invested and was 368 00:19:06,640 --> 00:19:09,639 Speaker 1: going to make a commitment. UM. You know what some 369 00:19:09,680 --> 00:19:11,800 Speaker 1: of the language that we heard was was was going 370 00:19:11,840 --> 00:19:15,160 Speaker 1: to double down on this. And so this is this 371 00:19:15,240 --> 00:19:18,680 Speaker 1: is a profitable business um. And certainly with this new 372 00:19:18,720 --> 00:19:22,280 Speaker 1: cb A, it's it's physicitioned well and and to secure 373 00:19:22,320 --> 00:19:25,280 Speaker 1: more partners and to really get it moving. We're talking 374 00:19:25,280 --> 00:19:28,159 Speaker 1: with Jerry Jackson and she is the executive director of 375 00:19:28,200 --> 00:19:32,280 Speaker 1: the w n b A Players Association, and I want 376 00:19:32,280 --> 00:19:33,560 Speaker 1: to talk to you about the w n b A 377 00:19:33,640 --> 00:19:37,200 Speaker 1: Players Union President. Uh, you guys have had a very 378 00:19:37,240 --> 00:19:40,960 Speaker 1: good relationship if you want to compare to others that 379 00:19:41,000 --> 00:19:44,640 Speaker 1: I've seen working relationship and that seems pretty good. Uh, 380 00:19:44,880 --> 00:19:49,720 Speaker 1: can you comment on that? Sure? Sure? UM. Our our 381 00:19:50,160 --> 00:19:53,560 Speaker 1: Players Association is headed by Bynka Glue McKay and an 382 00:19:53,600 --> 00:19:57,960 Speaker 1: executive committee of some some amazing, amazing players like Sue 383 00:19:58,000 --> 00:20:02,640 Speaker 1: Bird and Caroline Sword's, Elizabeth Williams, Lesia Clarendon. Um. Now 384 00:20:02,640 --> 00:20:04,360 Speaker 1: that I'm naming them my better name, all of them 385 00:20:04,440 --> 00:20:10,200 Speaker 1: right um uh today Ago McKay. UM, we had Elena Deladon, 386 00:20:10,560 --> 00:20:14,879 Speaker 1: we we have UM. We we went into negotiations really 387 00:20:15,400 --> 00:20:17,679 Speaker 1: UM with the mindset that we were going to do 388 00:20:17,760 --> 00:20:21,320 Speaker 1: business UM and and negotiate perhaps a little differently than 389 00:20:21,640 --> 00:20:23,679 Speaker 1: than way than the ways some of our brother and 390 00:20:23,720 --> 00:20:27,080 Speaker 1: sister unions have have done. And and it's just because 391 00:20:27,080 --> 00:20:30,600 Speaker 1: of where we were and you know how how we 392 00:20:30,640 --> 00:20:34,040 Speaker 1: saw our position and and um, how we saw our 393 00:20:34,119 --> 00:20:37,280 Speaker 1: our power. UM in this we have always kind of 394 00:20:37,320 --> 00:20:40,800 Speaker 1: come to business with with um an understanding that there's 395 00:20:40,800 --> 00:20:43,280 Speaker 1: gonna be a little bit of leaning from from the players, 396 00:20:43,520 --> 00:20:45,600 Speaker 1: but we were also going to be very mindful to 397 00:20:45,720 --> 00:20:48,640 Speaker 1: protect the interests of the players and in doing this, 398 00:20:49,160 --> 00:20:52,480 Speaker 1: and and so we came to the table essentially with 399 00:20:52,560 --> 00:20:54,720 Speaker 1: that in mind that we were we were going to 400 00:20:54,760 --> 00:20:58,119 Speaker 1: talk about the business side of things, and we're the 401 00:20:58,200 --> 00:21:00,080 Speaker 1: league had already said that they wanted to do a 402 00:21:00,160 --> 00:21:03,880 Speaker 1: refresh and reset on on marketing, and so UM we 403 00:21:03,880 --> 00:21:06,960 Speaker 1: were we were having those kinds of conversations. There was 404 00:21:07,000 --> 00:21:09,199 Speaker 1: an opera. There had come a point in time in 405 00:21:09,240 --> 00:21:12,560 Speaker 1: which the w n B A president position UM was 406 00:21:12,560 --> 00:21:15,520 Speaker 1: was vacant. They were looking for a new head of 407 00:21:15,880 --> 00:21:19,399 Speaker 1: the league. We reached out instantly and said we wanted 408 00:21:19,400 --> 00:21:22,160 Speaker 1: to be a part of those conversations. All the while, 409 00:21:22,240 --> 00:21:24,680 Speaker 1: while we were talking about opting out and then had 410 00:21:24,680 --> 00:21:27,359 Speaker 1: opted out and we were negotiating a new agreement, we 411 00:21:27,440 --> 00:21:31,960 Speaker 1: had three different kinds of conversations going on between our 412 00:21:32,080 --> 00:21:35,960 Speaker 1: union player leadership and the leadership on on the league side. 413 00:21:36,280 --> 00:21:39,480 Speaker 1: I don't know if any other sports league and union 414 00:21:39,520 --> 00:21:41,879 Speaker 1: have have been able to do business in that way. 415 00:21:42,119 --> 00:21:45,520 Speaker 1: So to be negotiating UM on a new CBA, to 416 00:21:45,600 --> 00:21:49,359 Speaker 1: be talking about and involved in towards the end of 417 00:21:49,400 --> 00:21:51,879 Speaker 1: who was going to be selected UM to be that 418 00:21:51,960 --> 00:21:55,080 Speaker 1: new U league while presidents what we thought would now 419 00:21:55,160 --> 00:21:58,160 Speaker 1: to the new league commissioner UM. And then to be 420 00:21:58,240 --> 00:22:00,359 Speaker 1: talking about the marketing in the business US and what 421 00:22:00,400 --> 00:22:02,399 Speaker 1: the refresh of the brand of the w n b 422 00:22:02,520 --> 00:22:05,240 Speaker 1: A was going to be like, talking about the logo, 423 00:22:05,320 --> 00:22:09,240 Speaker 1: talking about colors, talking about what the marketing strategy was 424 00:22:09,280 --> 00:22:11,200 Speaker 1: going to look like, and being a part of that plan. 425 00:22:11,680 --> 00:22:15,000 Speaker 1: Three different conversations. So you come to it saying we're 426 00:22:15,040 --> 00:22:17,840 Speaker 1: going to represent the interest of our players and the 427 00:22:17,880 --> 00:22:20,520 Speaker 1: best way we can. We're coming to the table to 428 00:22:20,600 --> 00:22:23,800 Speaker 1: do business. But at some point there's there are opportunities 429 00:22:23,840 --> 00:22:25,720 Speaker 1: in which we're going to to lean in and be 430 00:22:25,800 --> 00:22:28,960 Speaker 1: a little be more collaborative, UM so that we can 431 00:22:29,000 --> 00:22:32,199 Speaker 1: do this together. This was kind of an opportunity to 432 00:22:32,240 --> 00:22:35,840 Speaker 1: press start and get a new start, if you will, 433 00:22:36,280 --> 00:22:38,920 Speaker 1: UM for for the league, in the union and UM 434 00:22:38,960 --> 00:22:41,600 Speaker 1: and and so that was our approach. We came in 435 00:22:41,640 --> 00:22:44,919 Speaker 1: and we identified where we thought the winds were for 436 00:22:45,040 --> 00:22:48,240 Speaker 1: both sides. I mean, certainly, when you're talking about having 437 00:22:48,320 --> 00:22:53,200 Speaker 1: players travel in in better conditions, have them on the road, 438 00:22:53,359 --> 00:22:57,320 Speaker 1: not sharing rooms with teammates anymore, that was a big deal, right. 439 00:22:57,400 --> 00:22:58,800 Speaker 1: I don't want to room with bar on the road. 440 00:22:58,840 --> 00:23:00,119 Speaker 1: We take the show on the road. I want my 441 00:23:00,119 --> 00:23:05,159 Speaker 1: own room. No, Michael Barr mean who who in the 442 00:23:05,200 --> 00:23:07,879 Speaker 1: working world when you go on a on a trip 443 00:23:07,920 --> 00:23:10,400 Speaker 1: for business, you are not asked to share a room 444 00:23:10,480 --> 00:23:13,919 Speaker 1: with your colleague, right that that just doesn't happen. And 445 00:23:13,960 --> 00:23:17,240 Speaker 1: so to be so for us to say, hey, this 446 00:23:17,280 --> 00:23:20,440 Speaker 1: is how they're living, it's the player experience. We want 447 00:23:20,440 --> 00:23:23,480 Speaker 1: to bring this to your attention at the league level 448 00:23:23,840 --> 00:23:26,520 Speaker 1: and to the team owners who are on on that side, 449 00:23:26,680 --> 00:23:29,000 Speaker 1: you know, of the negotiating table. We want to bring 450 00:23:29,040 --> 00:23:31,840 Speaker 1: this to your attention. This doesn't make sense. This is 451 00:23:31,880 --> 00:23:34,720 Speaker 1: a way that we can kind of course correct where 452 00:23:34,760 --> 00:23:36,960 Speaker 1: you get a win and we get a win. And 453 00:23:37,000 --> 00:23:40,080 Speaker 1: so when you identify truly what we thought were the 454 00:23:40,119 --> 00:23:43,119 Speaker 1: common wins, the you know, the the goals that we 455 00:23:43,200 --> 00:23:46,560 Speaker 1: each had, and you work through that, you give yourself 456 00:23:46,600 --> 00:23:49,200 Speaker 1: a little bit of momentum to kind of drive through 457 00:23:49,560 --> 00:23:52,159 Speaker 1: the rest of the conversations. And and and that was 458 00:23:52,200 --> 00:23:54,520 Speaker 1: our approach. So you said lean in a couple of times, 459 00:23:54,520 --> 00:23:58,040 Speaker 1: so using a phrase obviously Cheryl Sandberg's book Um Kathy 460 00:23:58,080 --> 00:24:01,120 Speaker 1: Engler Bert was a former CEO of the Wait Where 461 00:24:01,200 --> 00:24:04,040 Speaker 1: To Time Wall Street, included me too movement. Do you 462 00:24:04,080 --> 00:24:09,440 Speaker 1: get a sense that what's going on out there with 463 00:24:09,560 --> 00:24:12,879 Speaker 1: me too? That the women of the w n B 464 00:24:13,080 --> 00:24:18,080 Speaker 1: A just said, if we don't get what we feel 465 00:24:18,359 --> 00:24:20,879 Speaker 1: is fair, and we don't want to hear the arguments, 466 00:24:20,920 --> 00:24:22,960 Speaker 1: we don't have the money, we don't want to hear 467 00:24:23,040 --> 00:24:25,840 Speaker 1: any of it. If we don't get the sense that 468 00:24:25,920 --> 00:24:29,560 Speaker 1: we're being treated fairly, then we would rather not play. 469 00:24:29,760 --> 00:24:32,480 Speaker 1: I will tell you there were some there were some 470 00:24:32,520 --> 00:24:36,840 Speaker 1: conversations that had had themes of that running through. And 471 00:24:36,880 --> 00:24:40,680 Speaker 1: I mean, if you look back at where this all started, 472 00:24:40,880 --> 00:24:43,879 Speaker 1: I mean the decision to opt out was in November, 473 00:24:45,480 --> 00:24:49,359 Speaker 1: the Me Too movement was very much alive and and 474 00:24:49,520 --> 00:24:53,000 Speaker 1: taking off, and there there was a groundswell of support 475 00:24:53,880 --> 00:24:58,040 Speaker 1: UM out there for women, like there was a spotlight 476 00:24:58,280 --> 00:25:02,160 Speaker 1: on their issues and what their concerns were in the workplace. 477 00:25:03,000 --> 00:25:07,280 Speaker 1: That was part of the momentum that was rioting into 478 00:25:07,280 --> 00:25:10,240 Speaker 1: the decision to opt out. I mean that that that 479 00:25:10,760 --> 00:25:14,840 Speaker 1: spring summer into the fall of that decision um, the 480 00:25:14,880 --> 00:25:17,680 Speaker 1: timing of that was very impactful. Did it Did it 481 00:25:17,840 --> 00:25:22,919 Speaker 1: give our members, our leadership um, that further foundation of 482 00:25:23,080 --> 00:25:28,480 Speaker 1: support UM for for what they wanted to fight for? Absolutely? 483 00:25:29,000 --> 00:25:32,320 Speaker 1: And absolutely And let me give you just without data 484 00:25:32,359 --> 00:25:33,840 Speaker 1: to back this up, this is just going to be 485 00:25:33,880 --> 00:25:35,840 Speaker 1: sort of and I feel and I see whether it's 486 00:25:35,880 --> 00:25:38,119 Speaker 1: Megan Rapino on the cover of magazines where it's the 487 00:25:38,160 --> 00:25:41,439 Speaker 1: U S women's national soccer team. I get the sense 488 00:25:42,200 --> 00:25:48,320 Speaker 1: that corporations are waking up to the value of women 489 00:25:48,800 --> 00:25:51,240 Speaker 1: and that, by the way, bodes well in dollars and 490 00:25:51,280 --> 00:25:53,480 Speaker 1: cents down the line. Do you get the sense in 491 00:25:53,520 --> 00:25:56,439 Speaker 1: your discussions with the league that and you have a 492 00:25:56,480 --> 00:25:59,920 Speaker 1: revenue share part of this implemented in the new deal, 493 00:26:00,560 --> 00:26:05,440 Speaker 1: that everybody feels that there are whether it's sponsorship or marketing, 494 00:26:05,640 --> 00:26:09,480 Speaker 1: that there there are these dollars out there that will 495 00:26:09,520 --> 00:26:14,040 Speaker 1: soon be committed to female athletes and your athletes. Absolutely, 496 00:26:14,280 --> 00:26:16,359 Speaker 1: And why do you feel what what gives you that s? 497 00:26:16,600 --> 00:26:19,879 Speaker 1: I mean, you know, yes, we were, we were seeing 498 00:26:19,960 --> 00:26:23,000 Speaker 1: what was happening for other for other women athletes, for 499 00:26:23,040 --> 00:26:28,199 Speaker 1: other team sports. Um, the conversations, Um, you know, we 500 00:26:28,280 --> 00:26:31,320 Speaker 1: see that there are corporations who are saying we want 501 00:26:31,400 --> 00:26:34,000 Speaker 1: to help. You know, part of part of what was 502 00:26:34,040 --> 00:26:37,720 Speaker 1: happening was our story hadn't been told, The experience of 503 00:26:37,760 --> 00:26:41,600 Speaker 1: the players hadn't been told. Um, the spotlight on the 504 00:26:41,760 --> 00:26:46,920 Speaker 1: performance of these athletes hadn't really been bright and broad enough. 505 00:26:47,320 --> 00:26:51,320 Speaker 1: And so but so there's this untapped potential there seriously, 506 00:26:51,359 --> 00:26:54,840 Speaker 1: I mean, I mean that word untapped potential there. And 507 00:26:54,880 --> 00:26:59,440 Speaker 1: then there was the that that support across corporate across 508 00:26:59,760 --> 00:27:02,080 Speaker 1: Core for America, in which they were saying, wait, we 509 00:27:02,320 --> 00:27:04,760 Speaker 1: didn't know this. Wait we want to help. Wait, these 510 00:27:04,800 --> 00:27:08,280 Speaker 1: women are incredible, Um, what do they need? What resources 511 00:27:08,320 --> 00:27:10,919 Speaker 1: can we we We have the opportunity to bring some 512 00:27:11,040 --> 00:27:13,359 Speaker 1: resources to the table. We want to be a part 513 00:27:13,400 --> 00:27:17,240 Speaker 1: of this. These are winning athletes. These are the best 514 00:27:17,280 --> 00:27:19,720 Speaker 1: of the best. These are the most elite in the world. 515 00:27:19,840 --> 00:27:22,560 Speaker 1: I mean clearly in our sport, right because we only 516 00:27:22,560 --> 00:27:25,080 Speaker 1: have twelve teams, and we only have twelve roster spots 517 00:27:25,119 --> 00:27:28,880 Speaker 1: on each team, so that's a hundred and forty plus players. 518 00:27:29,240 --> 00:27:31,320 Speaker 1: And by the way, that twelve team that that's going 519 00:27:31,359 --> 00:27:33,360 Speaker 1: to grow. That's not even a question of if you'll 520 00:27:33,400 --> 00:27:36,200 Speaker 1: get more teams win, right, But it just goes to 521 00:27:36,359 --> 00:27:39,080 Speaker 1: my point on they must be the best of the 522 00:27:39,119 --> 00:27:41,159 Speaker 1: best of the best we have. We only have a 523 00:27:41,240 --> 00:27:45,000 Speaker 1: hundred and forty plus jobs in our league. It's tough 524 00:27:45,320 --> 00:27:48,439 Speaker 1: to make a w n B a roster terry. A 525 00:27:48,440 --> 00:27:50,359 Speaker 1: lot of this, a lot of this kind of reminds 526 00:27:50,400 --> 00:27:53,040 Speaker 1: me we had Christine Lily, the the U S national team, 527 00:27:53,160 --> 00:27:55,400 Speaker 1: you know legend on the podcast a few a few 528 00:27:55,400 --> 00:27:57,480 Speaker 1: months ago and she told us this great story when 529 00:27:57,520 --> 00:28:00,480 Speaker 1: they are not great. Yeah, really is going to bring 530 00:28:00,520 --> 00:28:02,719 Speaker 1: this up when they when the women's national team used 531 00:28:02,760 --> 00:28:04,280 Speaker 1: to fly, and bear in mind, this was a you know, 532 00:28:04,320 --> 00:28:06,240 Speaker 1: the World Cup winning This is the best of the 533 00:28:06,280 --> 00:28:08,760 Speaker 1: best of the best. They would all have the middle 534 00:28:08,760 --> 00:28:11,399 Speaker 1: seats on the plane. Could look down the plane and 535 00:28:11,440 --> 00:28:13,760 Speaker 1: you would just see the red hoodies in each middle 536 00:28:13,800 --> 00:28:16,040 Speaker 1: seat all the way down because they were the cheapest 537 00:28:16,040 --> 00:28:20,120 Speaker 1: tickets they could get. Um But you know, best women's basketball, 538 00:28:20,160 --> 00:28:22,600 Speaker 1: women soccer not the only two women's sports that are 539 00:28:22,680 --> 00:28:25,040 Speaker 1: that are having these conversations right now. You know, women's 540 00:28:25,080 --> 00:28:28,000 Speaker 1: hockey another one. You know, a league recently folded. You know, 541 00:28:28,119 --> 00:28:31,399 Speaker 1: the star women are are fighting for better rights. Have 542 00:28:31,480 --> 00:28:34,080 Speaker 1: you had conversations at all? Do you think that you know, 543 00:28:34,600 --> 00:28:37,520 Speaker 1: you guys may maybe a catalyst for for maybe helping 544 00:28:38,200 --> 00:28:42,000 Speaker 1: professional women in sports around the globe kind of help 545 00:28:42,160 --> 00:28:44,120 Speaker 1: you know, fight for for for more of their own rights. 546 00:28:44,120 --> 00:28:47,840 Speaker 1: In the same Hillary Night Online one for Terry, yeah, 547 00:28:47,880 --> 00:28:51,440 Speaker 1: absolutely absolutely. And I think you know our our president 548 00:28:51,520 --> 00:28:54,120 Speaker 1: Necho Gloomackay put it put it so well yesterday and 549 00:28:54,120 --> 00:28:56,320 Speaker 1: when She was talking about this as as a real 550 00:28:56,360 --> 00:28:59,320 Speaker 1: win for for women on team sports. I mean we 551 00:28:59,360 --> 00:29:03,600 Speaker 1: are we stay connected, I mean particularly on the as 552 00:29:03,680 --> 00:29:07,720 Speaker 1: the Players Union, we stay connected with our sisters in soccer, 553 00:29:08,080 --> 00:29:11,680 Speaker 1: our sisters in hockey here in in this country. UM. 554 00:29:11,720 --> 00:29:15,840 Speaker 1: We are also part of the World Players Association, which 555 00:29:15,920 --> 00:29:21,440 Speaker 1: is that greater um um association of all unions worldwide. 556 00:29:21,560 --> 00:29:25,880 Speaker 1: And so I've had conversations with UM, with folks in 557 00:29:25,880 --> 00:29:29,760 Speaker 1: in the European countries, UM and and and talking about 558 00:29:29,800 --> 00:29:32,760 Speaker 1: once we nail down what we are able to accomplish 559 00:29:32,760 --> 00:29:34,840 Speaker 1: in this c B A, we we kind of want 560 00:29:34,840 --> 00:29:36,840 Speaker 1: to take the show on the road, if you will, 561 00:29:36,960 --> 00:29:40,640 Speaker 1: and UM and and travel UM over to Europe and 562 00:29:40,640 --> 00:29:43,280 Speaker 1: and talk with with our sisters there and and and 563 00:29:43,360 --> 00:29:48,680 Speaker 1: learn from their experiences. It'll be an opportunity to really share, UM, 564 00:29:48,760 --> 00:29:52,160 Speaker 1: you know, share some lessons and UM and also you know, 565 00:29:52,200 --> 00:29:54,960 Speaker 1: show them how how we got to where we we 566 00:29:55,320 --> 00:29:58,920 Speaker 1: you know, where we are in this new agreement. UM. Absolutely, 567 00:29:58,960 --> 00:30:02,480 Speaker 1: this this doesn't with just women's basketball here in the 568 00:30:02,600 --> 00:30:04,440 Speaker 1: US with the w you know, with the players who 569 00:30:04,800 --> 00:30:07,240 Speaker 1: play in the w n B A UM, this is 570 00:30:07,280 --> 00:30:12,120 Speaker 1: a continual conversation with soccer, continual conversation with hockey. Um 571 00:30:12,200 --> 00:30:14,880 Speaker 1: and and of course our sisters overseas who play soccer 572 00:30:14,920 --> 00:30:19,000 Speaker 1: and rugby and and and all that, um and uh, 573 00:30:19,080 --> 00:30:22,040 Speaker 1: you know, yeah, it doesn't stop here. We'll we'll we'll continue, 574 00:30:22,120 --> 00:30:25,080 Speaker 1: we'll continue the conversations and we'll be a resource to 575 00:30:25,120 --> 00:30:27,680 Speaker 1: any and everybody. Terry, let me get you out here 576 00:30:27,680 --> 00:30:31,040 Speaker 1: on this in the most tangible of ways for your players, 577 00:30:31,640 --> 00:30:34,760 Speaker 1: because many could not make ends meet based on just 578 00:30:34,920 --> 00:30:38,040 Speaker 1: their w NBA salaries. We heard plenty of stories about 579 00:30:38,120 --> 00:30:41,840 Speaker 1: players having to go to places like Russia and leave 580 00:30:41,960 --> 00:30:46,520 Speaker 1: family and leave friends and play in very cold weather 581 00:30:46,720 --> 00:30:50,160 Speaker 1: towns where they didn't see the sun for months. Have 582 00:30:50,320 --> 00:30:53,800 Speaker 1: you heard of any of your members who said, man, Terry, 583 00:30:53,920 --> 00:30:56,280 Speaker 1: thank you so much. I do not have to go 584 00:30:56,440 --> 00:31:00,600 Speaker 1: and do this anymore. Yes, perfect, And that that seems 585 00:31:00,640 --> 00:31:03,480 Speaker 1: to me would be a big, a big reward. Yes. 586 00:31:03,520 --> 00:31:06,680 Speaker 1: I mean they they they have the option right and 587 00:31:07,240 --> 00:31:10,120 Speaker 1: they can still go overseas, but they can look at 588 00:31:10,160 --> 00:31:13,640 Speaker 1: the opportunities to to stay in market and and work 589 00:31:13,680 --> 00:31:15,960 Speaker 1: with the teams on on a team marketing agreement, to 590 00:31:16,000 --> 00:31:19,360 Speaker 1: work with the league on a league marketing agreement. Um. 591 00:31:19,440 --> 00:31:22,479 Speaker 1: We have we have turned our internship program into a 592 00:31:22,480 --> 00:31:26,480 Speaker 1: more robust offseason employment program where the league has committed 593 00:31:26,480 --> 00:31:31,120 Speaker 1: to identifying jobs with with some of its corporate partners, um, 594 00:31:31,240 --> 00:31:34,320 Speaker 1: jobs with some of the affiliated teams on on on 595 00:31:34,440 --> 00:31:38,320 Speaker 1: the you know, NBA G League and two K side 596 00:31:38,400 --> 00:31:43,240 Speaker 1: of the house. Um, there are real opportunities to stay here, 597 00:31:43,680 --> 00:31:47,440 Speaker 1: to rest, to build your brand, to build the brand 598 00:31:47,640 --> 00:31:51,040 Speaker 1: of of the of the team of the league, and 599 00:31:51,040 --> 00:31:54,480 Speaker 1: and to prepare yourself for what life is like after basketball. 600 00:31:54,520 --> 00:31:57,160 Speaker 1: Of course, that is absolutely an interest in a goal 601 00:31:57,600 --> 00:32:00,959 Speaker 1: and objective of the of the Players Association, and as 602 00:32:01,000 --> 00:32:04,400 Speaker 1: the Executive Committee has said many times, the approach to 603 00:32:04,480 --> 00:32:07,400 Speaker 1: this was to look out for all players and to 604 00:32:07,480 --> 00:32:11,000 Speaker 1: have a holistic approach and view to what a new 605 00:32:11,040 --> 00:32:14,760 Speaker 1: CBA would be. Thanks so much to Terry Jackson, executive 606 00:32:14,800 --> 00:32:18,560 Speaker 1: director of the Women's National Basketball Players Association. I am 607 00:32:18,640 --> 00:32:23,360 Speaker 1: amazed that, first of all, with only twelve teams are 608 00:32:23,360 --> 00:32:25,560 Speaker 1: in the w n b A, that's not gonna last 609 00:32:25,640 --> 00:32:29,760 Speaker 1: long because people are finally waking up corporations a saying hey, 610 00:32:29,840 --> 00:32:32,800 Speaker 1: you know what we need to invest in this. Yeah, 611 00:32:32,840 --> 00:32:34,960 Speaker 1: And I think you know, we've been talking, you know, 612 00:32:35,040 --> 00:32:38,000 Speaker 1: so much over the past few years about kind of 613 00:32:38,040 --> 00:32:41,480 Speaker 1: the future of professional women's sports, and certainly the success 614 00:32:41,520 --> 00:32:43,120 Speaker 1: of the U S team at the at the Women's 615 00:32:43,160 --> 00:32:46,040 Speaker 1: World Cup I think accelerated that process. I would argue 616 00:32:46,080 --> 00:32:49,680 Speaker 1: that this deal right here might be the most significant 617 00:32:49,720 --> 00:32:52,520 Speaker 1: thing that's happened in professional women's sports and in a 618 00:32:52,640 --> 00:32:55,720 Speaker 1: very long time. Right And you heard Terry Jackson talk 619 00:32:55,760 --> 00:32:58,320 Speaker 1: about all the benefits, first of all, that that that 620 00:32:58,720 --> 00:33:01,720 Speaker 1: women's professional basketball is going to be getting and also 621 00:33:01,840 --> 00:33:05,280 Speaker 1: kind of how that resonates across women's sports. Right, this 622 00:33:05,400 --> 00:33:09,120 Speaker 1: is a bet on the future of women's sports. And 623 00:33:09,160 --> 00:33:11,880 Speaker 1: it's not just about the sports themselves. It's a bet 624 00:33:12,000 --> 00:33:14,959 Speaker 1: that more fans are gonna come, that more fans are 625 00:33:14,960 --> 00:33:17,840 Speaker 1: going to be watching on TV or on streaming. It's 626 00:33:17,840 --> 00:33:20,840 Speaker 1: a bet that more corporate sponsors are gonna want to 627 00:33:20,880 --> 00:33:23,640 Speaker 1: invest their dollars, maybe not in the men's game, but 628 00:33:23,680 --> 00:33:26,280 Speaker 1: maybe looking at the women's game instead. Right, So, I 629 00:33:26,600 --> 00:33:29,000 Speaker 1: think this is a monumental step. We may not even 630 00:33:29,040 --> 00:33:32,480 Speaker 1: know how monumental this is, you know, until two, three, 631 00:33:32,600 --> 00:33:35,280 Speaker 1: four years from now. Very curious in the future what 632 00:33:35,360 --> 00:33:38,920 Speaker 1: happens with you know, professional women's hockey, professional women's soccer, etcetera. 633 00:33:39,000 --> 00:33:40,760 Speaker 1: But I think we're kind of on the precipice and 634 00:33:40,760 --> 00:33:44,040 Speaker 1: we could look back on this specific collective bargaining agreement 635 00:33:44,160 --> 00:33:49,400 Speaker 1: as a pretty monumental step forward. It feels better to 636 00:33:49,440 --> 00:33:51,680 Speaker 1: be number one than number five were a number. Because 637 00:33:51,680 --> 00:33:53,240 Speaker 1: of Mike, we have a chance to go for three 638 00:33:53,240 --> 00:33:54,840 Speaker 1: in a row. Kids numbers at a good time. And 639 00:33:54,880 --> 00:33:56,960 Speaker 1: I's first started wearing the number. I would just have 640 00:33:57,120 --> 00:34:01,280 Speaker 1: the Bloomberg Business of Sports number of the week. We 641 00:34:01,280 --> 00:34:03,640 Speaker 1: were talking about this off air, and we're going to 642 00:34:03,720 --> 00:34:07,320 Speaker 1: include all of the listeners to play along to see 643 00:34:07,360 --> 00:34:10,000 Speaker 1: if you can get it, and no affair peeking and 644 00:34:10,040 --> 00:34:12,000 Speaker 1: trying to look on your phones on who it is. 645 00:34:12,040 --> 00:34:14,799 Speaker 1: Let's see if you remember this. Here's the topic. The 646 00:34:14,840 --> 00:34:19,800 Speaker 1: women players will be part of the NHL All Star Weekend, 647 00:34:20,320 --> 00:34:23,759 Speaker 1: which is great. And let's go back to last year. 648 00:34:24,480 --> 00:34:27,960 Speaker 1: One woman who wore the number twenty six Team USA 649 00:34:28,080 --> 00:34:33,240 Speaker 1: Jersey did the lap in fourteen point three four six 650 00:34:33,600 --> 00:34:37,839 Speaker 1: seconds around the ice and it turned out to be 651 00:34:38,320 --> 00:34:41,560 Speaker 1: one of the in the NHL All Star Fastest Skater 652 00:34:41,680 --> 00:34:45,839 Speaker 1: competition in San Jose last year and everybody was like, 653 00:34:45,960 --> 00:34:49,200 Speaker 1: oh my goodness, and she was the first woman to 654 00:34:49,200 --> 00:34:53,960 Speaker 1: participate in the skills competition event. Now, who was that woman? 655 00:34:54,200 --> 00:34:56,000 Speaker 1: So I actually I think I'm pretty sure I know 656 00:34:56,040 --> 00:34:57,920 Speaker 1: this one Um and great number of the week for 657 00:34:58,080 --> 00:34:59,879 Speaker 1: you know, for this episode, given who we just talked, 658 00:35:00,440 --> 00:35:05,080 Speaker 1: Um Kendall Coin's show field, is that right? Yeah? So 659 00:35:05,160 --> 00:35:07,839 Speaker 1: she won. I believe she won the fastest skater kind 660 00:35:07,840 --> 00:35:10,080 Speaker 1: of came out of nowhere. There was that controversy afterwards 661 00:35:10,080 --> 00:35:12,840 Speaker 1: about whether she was going to get the money for winning, 662 00:35:12,920 --> 00:35:16,080 Speaker 1: right because she wasn't technically part of it. But kudos, 663 00:35:16,080 --> 00:35:17,520 Speaker 1: I mean she she did get that money in the end, 664 00:35:17,520 --> 00:35:20,000 Speaker 1: and kudos to the NHL. Really, you know, NHL All 665 00:35:20,040 --> 00:35:22,360 Speaker 1: Star Game coming up in a few weeks, they're working 666 00:35:22,440 --> 00:35:26,080 Speaker 1: hard to incorporate more of the professional women. I believe, 667 00:35:26,120 --> 00:35:28,239 Speaker 1: as you said, all Star games gonna have a three 668 00:35:28,239 --> 00:35:31,240 Speaker 1: on three component where you know, American women are playing 669 00:35:31,239 --> 00:35:34,239 Speaker 1: against Canadian women, and you know there's a chance that 670 00:35:34,239 --> 00:35:36,799 Speaker 1: that is, you know, the hardest working part of the 671 00:35:36,840 --> 00:35:39,080 Speaker 1: All Star Game. Right. A lot of these NHL players, 672 00:35:39,400 --> 00:35:41,200 Speaker 1: you know, they come here to have have fun, right, 673 00:35:41,200 --> 00:35:43,399 Speaker 1: they want to showcase their skills, but they're not they're 674 00:35:43,440 --> 00:35:45,040 Speaker 1: not looking to go all that hard. They didn't want 675 00:35:45,040 --> 00:35:47,200 Speaker 1: to get hurt. I would imagine that the women in 676 00:35:47,239 --> 00:35:49,160 Speaker 1: that game are going to be going pretty hard, so 677 00:35:49,160 --> 00:35:50,839 Speaker 1: I'm looking forward to that part as well for sure, 678 00:35:50,880 --> 00:35:55,600 Speaker 1: and that skills competition will take place January calendars. I 679 00:35:55,680 --> 00:35:58,480 Speaker 1: like that you've been listening to Bloomberg Business of Sports. 680 00:35:58,520 --> 00:36:01,000 Speaker 1: We're here each and every week at the same time, 681 00:36:01,040 --> 00:36:03,839 Speaker 1: plus online wherever you get your podcast. You can catch 682 00:36:03,840 --> 00:36:06,720 Speaker 1: those Mondays, Wednesdays and Thursdays on Michael barn on Twitter 683 00:36:06,840 --> 00:36:09,279 Speaker 1: at Big Bar Sports, and I'm Evan Novi Williams at 684 00:36:09,320 --> 00:36:12,080 Speaker 1: nov Underscore Williams. Thanks for joining us. Please tune in 685 00:36:12,120 --> 00:36:14,319 Speaker 1: next week when me, Scott and Michael speak with the 686 00:36:14,400 --> 00:36:17,240 Speaker 1: biggest and brightest in the sports business world. You're listening 687 00:36:17,280 --> 00:36:20,640 Speaker 1: to Bloomberg Business of Sports Bloomberg Radio around the world.