Podcasts about Continental

When people think of America's war for independence, they often think of "the shot heard 'round the world" in Concord. But just weeks after the Declaration was signed, British forces clashed with the Continental army in Brooklyn, and New York City became a battleground, and subsequently wound up under British control for several years. Dominique Jean-Louis, chief historian at the Center for Brooklyn History, talks about their new exhibit "The Battle of Brooklyn: Fought and Remembered," on display at the CBH through the end of 2026.

Welcome back to another edition of the UK's number one and only Memphis wrestling related podcast, Memphis Continental Wrestling Cast. On this week's show we cover January 31st 1987 Continental Wrestling where we will see:- Big Bubba/Goliath/Boy Tony (with Bruno) vs. Jerry Garmen/Bennie Trailer/Jim Jamison. Southern tag champs Jeff Jarrett/Billy Travis vs. Keith Roberson/Tony Burton   International Champ Soul Train Jones vs. Keith Eric The Hunter (with Bambi) vs. John Paul  Paul Diamond/Pat Tanaka vs. Tarzan Goto/Larry Wright (with Tojo) Follow the show on facebook Memphis Continental Wrestling Cast (facebook.com/memphiscast) Visit our brand new tshirt store at https://www.unforgettablevision.com/roster/old-bakery-productions Check out Youtube.com/@memphiscast & patreon.com/memphiscast for videos You can watch the show https://www.youtube.com/watch?v=__WyOkXuLio&t=12s

brianturnershow.com, eastvillageradio.comCHROME CRANKS - Little Johnny Jewel - Diabolical Boogie (Atavistic, 2007)DISTRIBUTORS - Lean On Me - 7" (Red Rhino, 1980)SINTEZ - Kishlogimizga Keling - V/A: Digging Central Asia: Musical Archaeology Along the Silk Road (Death Is Not The End, 2026)FOETUS - Dead To Me - Halt (Entopic Ents, 2025)OHKAMI NO JIKAN - Dwarf - Black Tape II (1992, re: Black Editions, 2026)BENTLEY ANDERSON - Escape - Valence (Cost of Living/Digital Regress, 2026)ANDREW LILES - Diamonds Are Forever - To Arrive At Nowhere (Lumberton Trading Company, 2025)DISEÑO CORBUSIER - Meta Metalic - Perfido Encanto (Auxilio De Cientos, 1985EL HUMANO MECANO - Sucursal - V/A: Interferencias Vol. 1 - Spanish Synth Wave 1980-1989 (Munster, 2017)AMON DUUL - Impropulsion (Noch'n Lied) -  Disaster (Lüüd Noma) (Ohr, 1972)GEORGE HARRASMENT - Truth/Hey - V/A: Messthetics #101 (1980. re: Hyped 2 Death, 2006)FLOATING EELS - Satan's Alleyway - Get Down With The Floating Eels (BC, 2025)WALTER FRANCO - Revólver - Revólver *(Continental, 1975)WEATHERBEE IN '73: The Vale of Shadows: In Praise of IT - Let's Hear IT for the Little Man: An ASMR Tribute to Abruptum (Neon Doom, 2025)TONY MORRIS - A Big German - V/A: DWAM (Spirtz Editions, 2026)ELECTRIFIED-FUKUKO - March - Gamble '86 (Telegraph, 1985)SAAD AL KAWKABANI - Ya Sabooh Al Enab - V/A: Music From Yemen Arabia: Sanaani, Laheji, Adeni (Lyrichord)SETTING - Heard a Bubble - Setting (Thrill Jockey, 2026)RUMAH SAKIT -  Stomacheache Due To Sincere Belief That The Rest Of My Band Is Trying To Kill Me - Rumah Sakit (2000, re: Temporary Residence, 2025)HEBBEX D'EXPECTATIO EXPECTATA - Spa Day - Kva Er Vald (Drid Machine, 2026)DANIEL O'SULLIVAN & RICHARD YOUNGS - Persian Carpets I - Persian Carpets (VHS, 2026)

Tuesday 1-27-26 Show #1232: Tonight we judge hotels by their continental breakfast, Donkey Kong, and Michelle's brutal honesty.See omnystudio.com/listener for privacy information.

Siempre nos ha llamado la atención el icónico taxi amarillo de Nueva York, el coprotagonista de tantas películas. Pero esta imagen oculta una historia fascinante de violencia, sastres rusos, mafia y experimentos mecánicos locos. Con este vídeo inauguramos en Garaje Hermético la serie “Marcas desconocidas con historias sorprendentes”. Y empezamos fuerte con Checker Motors Corporation. De la aguja a las bombas de Chicago El origen de la marca no está en los despachos de Detroit, sino en la Rusia zarista. Morris Markin, un sastre que llegó a Chicago con menos de dos dólares en el bolsillo, acabó fortuitamente como dueño de una fábrica de carrocerías. Pero el Chicago de los años 20 era territorio de Al Capone, y el negocio del taxi era un campo de batalla. Checker nació en una guerra abierta contra su rival, Yellow Cab (propiedad de John Hertz). La competencia no era por precios, era a golpes: hubo tiroteos entre chóferes, se incendiaron flotas enteras y el punto culminante llegó en 1923, cuando la propia casa de Morris Markin fue bombardeada con dinamita. Checker tuvo que huir a Kalamazoo, Michigan, para sobrevivir y blindar su leyenda. Ingeniería de la supervivencia Ya a salvo, Markin impuso una filosofía contraria a la "obsolescencia programada" de los grandes fabricantes americanos. El Checker debía ser una herramienta eterna. Crearon coches con características sagradas: suelo plano, techos altos (para que un caballero entrara con sombrero de copa) y un chasis de escalera con refuerzos en X masivo, pesado pero indestructible. El diseño definitivo, con su famosa parrilla, llegó en 1956 y apenas cambiaría durante los siguientes 26 años. Los Monstruos de Kalamazoo y el corazón ajeno En su búsqueda de nichos de mercado, Checker perdió la cabeza maravillosamente en los años 60. Crearon el Checker Aerobus, una aberración mecánica de casi 7 metros de largo y hasta 9 puertas para llevar gente a los aeropuertos, que necesitaba motores V8 industriales y ruedas de camión. Hay que destacar que Checker nunca fabricó sus propios propulsores; fueron maestros del "trasplante". Usaron motores Continental, coquetearon con Chrysler y finalmente firmaron un acuerdo con General Motors, montando los legendarios motores Chevrolet, lo que hoy es una bendición para los coleccionistas por la facilidad de recambios. El fantasma de VW y el final Los años 70 fueron críticos. La empresa intentó modernizarse con prototipos italianos de Ghia que no pudieron pagar, pero la historia más increíble fue el "Plan Volkswagen". En 1977, Ed Cole (expresidente de GM) compró parte de Checker con un plan revolucionario: comprar Volkswagen Rabbits (Golf mk1), cortarlos, ensancharlos y montarlos sobre chasis Checker. Tenían los prototipos listos, pero Cole murió en un accidente de avioneta y el proyecto se estrelló con él. Finalmente, la crisis del petróleo, los desastrosos motores diésel de GM que intentaron usar y las nuevas normas de seguridad (que paradójicamente hacían peligroso su chasis demasiado rígido) acabaron con el coche. El último Checker salió de la línea de montaje el 12 de julio de 1982. La empresa, curiosamente, sobrevivió hasta 2009 fabricando piezas para sus antiguos rivales de Detroit. Checker fue una anomalía maravillosa. Una apuesta por la honestidad mecánica por encima de la moda que patrulló las calles de América durante décadas.

Welcome back to another edition of the UK's number one and only Memphis wrestling related podcast, Memphis Continental Wrestling Cast. On this week's show we cover January 24th 1987 Continental Wrestling where we will see: The Sheepherders (with Boyd) vs. Randy Bryant/Robert Bryant The Hunter (with Bambi) vs. Jim Jamison Paul Diamond vs. Tony Burton (From Mid-South Coliseum January 20, 1987) Pat Tanaka vs. Tojo Yamamoto (From Mid-South Coliseum January 20, 1987) Jeff Jarrett/Billy Travis/Soul Train Jones vs. Tojo Yamamoto/Tarzan Goto/Ron Nation Follow the show on facebook Memphis Continental Wrestling Cast (facebook.com/memphiscast) Visit our brand new tshirt store at https://www.unforgettablevision.com/roster/old-bakery-productions Check out Youtube.com/@memphiscast & patreon.com/memphiscast for videos You can watch the show https://www.youtube.com/watch?v=fDLcHSUquOk&list=PLgi8coP8E7nrdCH_13yt9qXVpmAXBgR9-&index=5

If North Dakota's oil industry could be represented by a single personality, it would be Continental Resources founder Harold Hamm. So when Hamm says he's laying down his drilling rigs because low oil prices mean there's no margin in operating them, it got a lot of attention from the public. Oil tax revenues, both directly and indirectly, provide the lion's share of our state's funding. Is it time to panic? Not yet says Justin Kringstad, the executive director of the North Dakota Pipeline Authority. "No major warning signs to start panicking about, but we'll keep watching it," he said on this episode of Plain Talk. "If the announcement by Continental is the start of something bigger, then absolutely, we certainly need to get on top of that right away and understand what the impacts would be for the state and as a whole." "We need to watch the rig counts closely," he added. What prompted Hamm to act, Kringstad said, is a global oversupply of oil. Asked if President Donald Trump's push to bring more Venezuelan oil to the marketplace is a part of that problem, Kringstad said not yet. "The Venezuelan situation, just stepping back and looking at global oil markets, is not a major impact at all really on any of key markets" for the time being, he said. Also on this episode, co-host Chad Oban and I discuss the debate over universal school meals at the special session in Bismarck If you want to participate in Plain Talk, just give us a call or text at 701-587-3141. It's super easy — leave your message, tell us your name and where you're from, and we might feature it on an upcoming episode. To subscribe to Plain Talk, search for the show wherever you get your podcasts or use one of the links below. Apple Podcasts | Spotify | YouTube | Pocket Casts | Episode Archive

If North Dakota's oil industry could be represented by a single personality, it would be Continental Resources founder Harold Hamm. So when Hamm says he's laying down his drilling rigs because low oil prices mean there's no margin in operating them, it got a lot of attention from the public. Oil tax revenues, both directly and indirectly, provide the lion's share of our state's funding. Is it time to panic? Not yet says Justin Kringstad, the executive director of the North Dakota Pipeline Authority. "No major warning signs to start panicking about, but we'll keep watching it," he said on this episode of Plain Talk. "If the announcement by Continental is the start of something bigger, then absolutely, we certainly need to get on top of that right away and understand what the impacts would be for the state and as a whole." "We need to watch the rig counts closely," he added. What prompted Hamm to act, Kringstad said, is a global oversupply of oil. Asked if President Donald Trump's push to bring more Venezuelan oil to the marketplace is a part of that problem, Kringstad said not yet. "The Venezuelan situation, just stepping back and looking at global oil markets, is not a major impact at all really on any of key markets" for the time being, he said. Also on this episode, co-host Chad Oban and I discuss the debate over universal school meals at the special session in Bismarck If you want to participate in Plain Talk, just give us a call or text at 701-587-3141. It's super easy — leave your message, tell us your name and where you're from, and we might feature it on an upcoming episode. To subscribe to Plain Talk, search for the show wherever you get your podcasts or use one of the links below. Apple Podcasts | Spotify | YouTube | Pocket Casts | Episode Archive

Welcome back to another edition of the UK's number one and only Memphis wrestling related podcast, Memphis Continental Wrestling Cast. On this week's show we cover January 17th 1987 Continental Wrestling where we will see:- The Sheepherders (with Boyd) vs. Jerry Garmen/Bennie Trailer. Rock and Roll RPM's vs. Randy Bryant/Robert Bryant Jeff Jarrett/Billy Travis vs. Tojo Yamamoto/Tarzan Goto Memphis Vice (Jerry Bryant/Lou Winston) vs. Keith Roberson/Keith Eric Big Bubba/Goliath/Boy Tony/Downtown Bruno vs. Paul Diamond/Tracy Smothers/Ed Mattox/John Paul Follow the show on facebook Memphis Continental Wrestling Cast (facebook.com/memphiscast) Check out Heat Stroke ( our look at Sunday Night Heat from back in the day, now available on all good podcast suppliers, just search Heat Stroke Visit our brand new tshirt store at https://www.unforgettablevision.com/roster/old-bakery-productions Check out Youtube.com/@memphiscast & patreon.com/memphiscast for videos You can watch the show https://www.youtube.com/watch?v=52Tz4uKJSbk&list=PLgi8coP8E7nrdCH_13yt9qXVpmAXBgR9-&index=4

Send us a textAbout This EpisodeThe most powerful leadership breakthroughs often come from clarity, not new strategy. In this conversation with executive educator and author Margaret C. Andrews, we explore a grounded, human approach to leadership that begins with self-understanding and translates intention into visible, credible results. Margaret shares how pivotal feedback sparked a Harvard course and her new book, Manage Yourself to Lead Others: Why Great Leadership Begins with Self-Understanding, which reframes growth from the inside out, along with practical tools to align values, priorities, and leadership style. Through reflection, real stories, and actionable prompts, this episode offers a clear path to closing the gap between who you are and how you lead.About Margaret AndrewsMargaret C. Andrews is a seasoned executive, academic leader, speaker, and instructor. She has created and teaches a variety of leadership courses and professional and executive programs at Harvard University and is the founder of the MYLO Center, a private leadership development firm. Her clients include Amazon, Citi, Continental, Walmart, Wayfair, and the United Nations. She lives in Brookline, Massachusetts. Additional ResourcesWebsite: margaretandrews.comLinkedIn: @MargaretCAndrews Support the show-------- Stay Connected www.leighburgess.com Watch the episodes on YouTube Follow Leigh on Instagram: @theleighaburgess Follow Leigh on LinkedIn: @LeighBurgess Sign up for Leigh's bold newsletter

John-uary returns!! This year we're celebrating with the sequel that asks: "What if EVERYONE in New York City was secretly an assassin?"Chapter 2 expands the Wickiverse in every direction—more gold coins, more secret rules, more secret rooms behind secret rooms, and a hotel staff that has seen everything and will comment on none of it. The Continental becomes less “luxury hotel” and more “violent LinkedIn,” and John Wick proves once again that the most dangerous man alive can also be the politest.Joe and Greg discuss why this is Joe's favorite John Wick movie, create approximately 47 drinking games, debate turtleneck-and-suit fashion choices, and explain why this is the ultimate "how to make a sequel" masterclass. They're going Applebee's after this, once they figure out how the gold coins work.Subscribe to Great Bad Movies wherever you listen to podcastsMore Great Bad Movies online:InstagramGreat Bad Movies WebsiteYouTubeEmail us at greatbadmoviesshow@gmail.comTIMESTAMPS:0:00 - Opening Question5:27 - What makes John Wick Chapter 2 a Great Bad Movie?58:18 - Back of the Box1:00:10 - Box Office and Critical Reception1:07:58 - Drinking Games1:13:05 - Signs you might be watching a Great Bad Movie1:15:01 - Important Questions1:30:44 - This has been great, but we need to go Hosted on Acast. See acast.com/privacy for more information.

A rare public rupture has emerged between Saudi Arabia and the United Arab Emirates. Triggered by a dramatic escalation over Yemen in late December 2025, the dispute has exposed deeper ideological and strategic differences between the two Gulf powers. In this episode, Thomas and Aimen step back from the battlefield to examine the historical roots of Saudi–Emirati rivalry and why Yemen became the arena where these differences finally collided in public. They discuss: The 30 December 2025 Saudi airstrikes and the ultimatum to UAE forces Why Yemen is the arena, not the cause, of the Saudi–UAE dispute Continental vs maritime power in the Arabian Peninsula The British influence on the Emirati state The Buraimi Oasis dispute Tribal allegiance and ‘weird borders' in Gulf geopolitics Why the UAE tolerates breakaway regions and Saudi Arabia cannot Whether this rupture will be patched up and what happens if it isn't Join the Conflicted Community here: https://conflicted.supportingcast.fm/  Find us on Twitter: https://twitter.com/MHconflicted And Facebook: https://www.facebook.com/MHconflicted And Instagram: https://www.instagram.com/conflictedpod Learn more about your ad choices. Visit megaphone.fm/adchoices Conflicted is a Message Heard production. Executive Producers: Jake Warren & Max Warren. Produced by Thomas Small and edited by Alan Leer. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Kris and David ARE BACK!!!!! after our battles with the epic Winter 2025-2026 Flu and discussing the (almost-)week that was January 2-7, 1988. Topics of discussion include:Andre the Giant attacking Hulk Hogan after his match with King Kong Bundy on an otherwise not very newsworthy episode of Saturday Night's Main Event to heat up their match in prime time on The Main Event a month later.King Kong Bundy and his job as the celebrity spokesman for Vendex Head Start Computers, which allowed him to more or less retire from wrestling Curt Hennig defending his AWA World Title in AJPW…in disappointing fashion, at least according to insiders.NJPW kicking off the first ever Top of the Super Juniors tournament with a LOADED lineup of talent.ICW trying to heat up an Iron Sheik vs. Georga Skaaland feud of all times.Renegade Tobacco getting heavily involved with Jarrett Promotions, complete with a press conference on TV.Shawn Michaels being completely hammered on live TV as he's going off on Scott Hall and Ken Wayne.Jerry Lawler and Bill Dundee talk about their friendly rivalry and the importance of the Lord of the Ring…ring.World Class starting to heat up with Ken Mantell is back in power.JCP TV starting to get spiced up as Lex Luger is catching fire as a babyface and they experimented with taping the TBS show on the road.Ric Flair accosting photographer Linda Roufa for a TV promo, which was quite the 1988 moment.This was a damn fun show and it's great to get back in the saddle again!!!Timestamps:0:00:00 WWF0:48:23 Int'l: AJPW, NJPW, All-Star, Stampede, & WWC1:07:55 Classic Commercial Break1:13:58 Halftime1:41:06 Other USA: WOW, Continental, CWA/Memphis, WCCW, Wild West, AWA, Central States, & Portland 2:55:24 Jim Crockett PromotionsTo support the show and get access to exclusive rewards like special members-only monthly themed shows, go to our Patreon page at Patreon.com/BetweenTheSheets and become an ongoing Patron. Becoming a Between the Sheets Patron will also get you exclusive access to not only the monthly themed episode of Between the Sheets, but also access to our new mailbag segment, a Patron-only chat room on Slack, and anything else we do outside of the main shows!If you're looking for the best deal on a VPN service—short for Virtual Private Network, it helps you get around regional restrictions as well as browse the internet more securely—then Private Internet Access is what you've been looking for. Not only will using our link help support Between The Sheets, but you'll get a special discount, with prices as low as $1.98/month if you go with a 40 month subscription. With numerous great features and even a TV-specific Android app to make streaming easier, there is no better choice if you're looking to subscribe to WWE Network, AEW Plus, and other region-locked services.For the best in both current and classic indie wrestling streaming, make sure to check out IndependentWrestling.tv and use coupon code BTSPOD for a free 5 day trial! (You can also go directly to TinyURL.com/IWTVsheets to sign up that way.) If you convert to a paid subscriber, we get a kickback for referring you, allowing you to support both the show and the indie scene.To subscribe, you can find us on iTunes, Google Play, and just about every other podcast app's directory, or you can also paste Feeds.FeedBurner.com/BTSheets into your favorite podcast app using whatever “add feed manually” option it has.Support this podcast at — https://redcircle.com/between-the-sheets/donationsAdvertising Inquiries: https://redcircle.com/brands

On Episode 216 of The AEW-some Pod, the gang—Diana Prince, Johnny Taylor, and Gringo Fantastico—heads to Tulsa for a Dynamite that gave us JR's return, Moxley vs. Shelton in a 20-minute Continental eliminator, Callis building his own murder squad around Ricochet and Gates of Agony, and Jungle Jack teaming with the Young Bucks to finally shut the champ up—temporarily. They break down Bandido vs. Sammy in a “don't lose your title shot” sprint, MJF's smarmy face-to-face with his next challenger, Willow's cake-fight with a completely unhinged Mercedes Moné, Timeless Toni's DQ non-finish, and a main event so violent even Jim Ross wanted it to be over. Plus: Dick of the Week, Hero of the Week, Showdown of the Week, and the AEW-some rating scale for this one—measured in wisdom. Rate, review, and subscribe. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Welcome back to another edition of the UK's number one and only Memphis wrestling related podcast, Memphis Continental Wrestling Cast. On this week's show we cover January 10th 1987 Continental Wrestling where we will see:- Big Bubba/Goliath/Boy Tony (with Bruno) vs. John Paul/David Johnson/Ed Mattox AWA Southern Tag Champs Rock & Roll RPMs vs. Jerry Garmen/Bennie Trailer Jeff Jarrett/Billy Travis vs. The Red Demons (The Sheepherders attack Jarrett/Travis) The Sheepherders (with Boyd) vs. Randy Bryant/Robert Bryant Follow the show on facebook Memphis Continental Wrestling Cast (facebook.com/memphiscast) Check out Heat Stroke ( our look at Sunday Night Heat from back in the day, now available on all good podcast suppliers, just search Heat Stroke Visit our brand new tshirt store at https://www.unforgettablevision.com/roster/old-bakery-productions Check out Youtube.com/@memphiscast & patreon.com/memphiscast for videos You can watch the show https://www.youtube.com/watch?v=j07fGfsDITk&list=PLgi8coP8E7nrdCH_13yt9qXVpmAXBgR9-&index=3

0:00 - Aaron Gwin8:16 - James McAllister16:05 - Neko MulallyAs the 2026 downhill mountain bike season dawns, Frameworks TRP Racing announces that #USDH superstar, Aaron Gwin will join the team. Aaron, multi-time World Cup-winning downhiller, ran his own team, Gwin Racing, aboard Crestline bikes in 2024 and 2025. The change to Frameworks means a focus on racing, rather than team management, as Gwin seeks to wrap up his competitive career giving it all he can. With a new team comes new equipment. Besides the Frameworks frame, Aaron returns to FOX suspension after Ohlins with Gwin Racing. He'll be on Burgtec bars, a departure from his long-time Renthal setup. Wheels change to ENVE from e.thirteen, and he'll be aboard Continental tires.Vital contributor, Jack Rice, catches up with Aaron, Neko and James McAllister, Aaron's mechanic during a testing session at Windrock Bike Park in December to discuss the changes and challenges.

On this episode of The Still Real to Us Show:-- We're back from the holiday break and catching you up on everything you might've missed while the wrestling world didn't slow down for a second-- MJF reclaims the AEW World Championship, while Jon Moxley survives the field to win the 2025 Continental Classic and capture the AEW Continental Championship-- An emotional moment at Wrestle Kingdom 20 as Hiroshi Tanahashi retiresin defeat to Okada — plus, is this truly the end of The Bullet Club as we know it?-- WWE chaos rolls on with Becky Lynch regaining the Women's Intercontinental Championship, CM Punk retaining against Bron Breakker on RAW's 2026 debut, and major questions surrounding Ciampa's reported contract decision-- NXT delivers controversy and confusion: Thea Hail wins the Women's North American Championship in a botch, drops it days later to Izzi Dame at New Year's Evil, while Oba Femi retains — then shockingly relinquishes — the NXT Championship to close the show

Welcome back to another edition of the UK's number one and only Memphis wrestling related podcast, Memphis Continental Wrestling Cast. On this week's show we cover January 3rd 1987 Continental Wrestling where we will see:- The Rock & Roll RPMs (Mike Davis/Tommy Lane) vs. Robert Bryant/John Paul Big Bubba/Goliath (with Downtown Bruno) vs. Mike Murphy/Jim Jamison Jeff Jarrett/Pat Tanaka/Billy Travis vs. Tarzan Goto/Tojo Yamamoto/Tony Burton Follow the show on facebook Memphis Continental Wrestling Cast (facebook.com/memphiscast) Check out Heat Stroke ( our look at Sunday Night Heat from back in the day, now available on all good podcast suppliers, just search Heat Stroke Visit our brand new tshirt store at https://www.unforgettablevision.com/roster/old-bakery-productions Check out Youtube.com/@memphiscast & patreon.com/memphiscast for videos You can watch the show https://www.youtube.com/watch?v=7vshSNMet5A&list=PLgi8coP8E7nrdCH_13yt9qXVpmAXBgR9-&index=2

Du er tunet ind på en ny sæson af Forhjulslir anno 2026, som igen i denne sæson præsenteres af World Tourens mest vindende dæk fra Continental. En god tredjedel af World Tour-feltet kører i 2026 på Continental dæk - naturligvis også verdens bedste cykelrytter fra i fjor, Tadej Pogacar. Sikkerhed starter med dækket. Godt nytår! Så er vi der næsten. Cykelsæsonen 2026. Om bare 20 dage starter det første World Tour-etapeløb Tour Down Under og kort efter vågner de europæiske landeveje op. Det er blevet den 1. januar 2026. En ny sæson står for døren og dermed de nye ændringer, man skal vænne sig til. Nye ryttere i nye trøjer, nye talenter på nye cykler og selvfølgelig rytterne – og det er herrerytterne og herreholdene, vi sætter fokus på i dag. Vi gennemgår alle de 18 World Tour-hold og de bedste Pro Tour Hold, som vi finder i cykelfeltet 2026 - nogle er nye, nogle har skiftet navn og andre har skiftet DNA og udtryk. Vi kigger på de nye ryttertilgange på hvert hold og diskuterer os frem til, hvilke forventninger vi har til det givne hold og dets ryttere. Og naturligvis de danske ryttere, hvor vi i 2026 har hele 28 danskere på herrenes World Tour. Med de ord, godt nytår, glædelig bag(h)jul og velkommen ind på viften af sæson 8 af Forhjulslir og årets første etape: "Den Store Transfergennemgang 2026". Medvirkende: Per Bausager, Emil Mielke Vinjebo & Anders Mielke

The Wild West was a rugged and untamed era filled with legendary cowboys, outlaws, and pioneers carving their place in history. From dusty saloons echoing with the clink of spurs to thrilling showdowns at high noon, this iconic period brought tales of cattle drives, gold rushes, and frontier justice. Life on the prairie was harsh, as settlers braved scorching deserts and lawless territories in search of fortune and freedom. With iconic figures like Wyatt Earp, Billy the Kid, and Annie Oakley, the Old West remains a fascinating chapter in American history, where grit and adventure defined the spirit of the western frontier. E376. Check out the YouTube version of this episode at https://youtu.be/kfxZdSzQKVc which has accompanying visuals including maps, charts, timelines, photos, illustrations, and diagrams. Old West books available at https://amzn.to/3WHGKuz ENJOY Ad-Free content, Bonus episodes, and Extra materials when joining our growing community on https://patreon.com/markvinet SUPPORT this channel by purchasing any product on Amazon using this FREE entry LINK https://amzn.to/3POlrUD (Amazon gives us credit at NO extra charge to you). Mark Vinet's HISTORICAL JESUS podcast is available at https://parthenonpodcast.com/historical-jesus Mark's TIMELINE video channel: https://youtube.com/c/TIMELINE_MarkVinet Website: https://markvinet.com/podcast Facebook: https://www.facebook.com/mark.vinet.9 Twitter: https://twitter.com/HistoricalJesu Instagram: https://www.instagram.com/denarynovels Mark's books: https://amzn.to/3k8qrGM See omnystudio.com/listener for privacy information.

Corneille Karekezi, group managing director and CEO, Africa Re, cited diversification into motor, imports and electric vehicles. Karekezi spoke with AM Best TV at the Rendez-Vous de Septembre conference, Monte Carlo.

Strange information, astonishing data, quirky tidbits, and surprising facts about the beautiful territory that is the subject of this series—Canada USA Mexico. E325. Check out the YouTube version of this episode at https://youtu.be/c1RXtTT1E3M which has accompanying visuals including maps, charts, timelines, photos, illustrations, and diagrams. North American Geography books available at https://amzn.to/48AmoH6 North America History books available at https://amzn.to/3OnczVT ENJOY Ad-Free content, Bonus episodes, and Extra materials when joining our growing community on https://patreon.com/markvinet SUPPORT this channel by purchasing any product on Amazon using this FREE entry LINK https://amzn.to/3POlrUD (Amazon gives us credit at NO extra charge to you). Mark Vinet's HISTORICAL JESUS podcast at https://parthenonpodcast.com/historical-jesus Mark's TIMELINE video channel: https://youtube.com/c/TIMELINE_MarkVinet Website: https://markvinet.com/podcast Facebook: https://www.facebook.com/mark.vinet.9 X (Twitter): https://twitter.com/MarkVinet_HNA Instagram: https://www.instagram.com/denarynovels Mark's books: https://amzn.to/3k8qrGM See omnystudio.com/listener for privacy information.

Quirky data, surprising truths, astonishing tidbits, fascinating info, and strange facts about the beautiful territory that is the subject of this series — Canada USA Mexico. E412. Check out the YouTube version of this episode at https://youtu.be/KfsJNKtoTf0 which has accompanying visuals including maps, charts, timelines, photos, illustrations, and diagrams. North American Geography books https://amzn.to/48AmoH6 North America History books available at https://amzn.to/3OnczVT ENJOY Ad-Free content, Bonus episodes, and Extra materials when joining our growing community on https://patreon.com/markvinet SUPPORT this channel by purchasing any product on Amazon using this FREE entry LINK https://amzn.to/3POlrUD (Amazon gives us credit at NO extra charge to you). Mark Vinet's HISTORICAL JESUS podcast at https://parthenonpodcast.com/historical-jesus Mark's TIMELINE video channel: https://youtube.com/c/TIMELINE_MarkVinet Website: https://markvinet.com/podcast Facebook: https://www.facebook.com/mark.vinet.9 Twitter: https://twitter.com/MarkVinet_HNA Instagram: https://www.instagram.com/denarynovels Mark's books: https://amzn.to/3k8qrGM See omnystudio.com/listener for privacy information.

The Continentals and other paper monies only temporarily retained some value largely because of an initial promise of future redemption in gold and silver—a monetary “bait-and-switch.”Original article: https://mises.org/mises-wire/continental-bait-and-switch

The Continentals and other paper monies only temporarily retained some value largely because of an initial promise of future redemption in gold and silver—a monetary “bait-and-switch.”Original article: https://mises.org/mises-wire/continental-bait-and-switch

Surprising information, strange data, quirky tidbits, and astonishing continental facts about the beautiful territory that is the subject of this series—Canada USA Mexico. E273. Check out the YouTube version of this episode at https://youtu.be/s4PubshMLuc which has accompanying visuals including maps, charts, timelines, photos, illustrations, and diagrams. North American Geography books available at https://amzn.to/48AmoH6 North America History books available at https://amzn.to/3OnczVT ENJOY Ad-Free content, Bonus episodes, and Extra materials when joining our growing community on https://patreon.com/markvinet SUPPORT this channel by purchasing any product on Amazon using this FREE entry LINK https://amzn.to/3POlrUD (Amazon gives us credit at NO extra charge to you). Mark Vinet's HISTORICAL JESUS podcast at https://parthenonpodcast.com/historical-jesus Mark's TIMELINE video channel: https://youtube.com/c/TIMELINE_MarkVinet Website: https://markvinet.com/podcast Facebook: https://www.facebook.com/mark.vinet.9 X (Twitter): https://twitter.com/MarkVinet_HNA Instagram: https://www.instagram.com/denarynovels Mark's books: https://amzn.to/3k8qrGM See omnystudio.com/listener for privacy information.

Astonishing continental facts, surprising information and quirky tidbits about the beautiful territory that is the subject of this series. Ee142. Check out the YouTube version of this episode at https://youtu.be/Xc3mIokz14o which has accompanying visuals including maps, charts, timelines, photos, illustrations, and diagrams. North America History books available at https://amzn.to/3OnczVT North American Geography books available at https://amzn.to/48AmoH6 ENJOY Ad-Free content, Bonus episodes, and Extra materials when joining our growing community on https://patreon.com/markvinet SUPPORT this channel by purchasing any product on Amazon using this FREE entry LINK https://amzn.to/3POlrUD (Amazon gives us credit at NO extra charge to you). Mark Vinet's HISTORICAL JESUS podcast at https://parthenonpodcast.com/historical-jesus Mark's TIMELINE video channel: https://youtube.com/c/TIMELINE_MarkVinet Website: https://markvinet.com/podcast Facebook: https://www.facebook.com/mark.vinet.9 X (Twitter): https://twitter.com/MarkVinet_HNA Instagram: https://www.instagram.com/denarynovels Mark's books: https://amzn.to/3k8qrGM See omnystudio.com/listener for privacy information.

Continental Divide Disappearances with Steve StocktonBecome a supporter of this podcast: https://www.spreaker.com/podcast/missing-persons-mysteries--5624803/support.

Welcome back to another edition of the UK's number one and only Memphis wrestling related podcast, Memphis Continental Wrestling Cast. On this week's show we cover December 27th 1986 Continental Wrestling where we will see:- Goliath (with Downtown Bruno) vs. John Paul/Dennis Upton (Handicap Match) Jerry Lawler vs. Keith Erich Tracy Smothers/Billy Travis/Paul Diamond/Jeff Jarrett vs. Boy Tony/Tojo Yamamoto/Tony Burton/Jonathan Boyd AWA Southern Tag Champions Rock & Roll RPM's (Mike Davis/Tommy Lane) vs. Jerry Garmen/Benny Trailer Memphis Vice (Lou Winston/Jerry Bryant)/Pat Tanaka vs. Don Bass/Larry Wright/Buddy Wayne Follow the show on facebook Memphis Continental Wrestling Cast (facebook.com/memphiscast) Check out Heat Stroke ( our look at Sunday Night Heat from back in the day, now available on all good podcast suppliers, just search Heat Stroke Visit our brand new tshirt store at https://www.unforgettablevision.com/roster/old-bakery-productions Check out Youtube.com/@memphiscast & patreon.com/memphiscast for videos You can watch the show https://www.youtube.com/watch?v=ArWgUf_ICeY&list=PLgi8coP8E7nrdCH_13yt9qXVpmAXBgR9-

Support the podcast by picking up your car mods here! https://martiniworks.com/You know when you see an old status in your memories that makes your eye twitch a little bit. Sometimes car mods can have that same effect. Today Alex, Dakota, and Gels talk about some of the mods that need to stay in 2025. But that's not it! We dive into some of the best budget cars you can hop into in 2026. Did we miss any? Make sure to comment and let us know! #Cars #Carmods #podcastPick up our Coffee here! https://martiniworks.com/products/other/show-merchA HUGE thank you to Continental & Fortune Auto for being the official tire and suspension of the MartiniWorks Podcast! Let us know if you need a set of tires or coilovers. 

THE MONROE DOCTRINE AND NAVAL POWER Colleague Gregory Copley. Gregory Copley continues, debating whether the US is a naval or continental power in the context of enforcing the Monroe Doctrine and discussing a proposal for new battleships. NUMBER 10 1910

Get Mike's book: https://amzn.eu/d/b2lcwQtGet ad-free, early access to new 10 Percent True videos: https://www.10percenttrue.com/pricing-plans/listPig Penn, 10 Percent True Episode 79.In this extraordinary episode of 10 Percent True, Mike “Pig” Penn—US Navy A-7 Corsair II pilot, Iron Hand aviator, and Vietnam POW—walks through a life defined by combat, captivity, survival, and purpose. Pig recounts flying alpha strikes and Iron Hand missions over North Vietnam, dodging SAMs at night, being shot down near Hanoi in 1972, and surviving an ejection, capture, and eight months inside the Hanoi Hilton. He describes the brutal realities of captivity, the tap code, the psychological battle to retain hope, and the moment B-52 strikes signalled that the war—and his imprisonment—was nearing its end. The conversation then shifts to Pig's post-war life: returning to flight, confronting PTSD and alcoholism, and ultimately finding a new mission—helping others survive their darkest moments. It's a raw, unfiltered account of air combat, resilience, and why hope is not abstract, but essential to survival.0:33 intro teaser1:20 welcome “Pig” 2:55 ama question from Sedlo regarding Alpha Strikes6:18 Route to Naval Aviation and background 9:07 Training pipeline and experiences11:23 Buckeye at the boat14:50 Hope and Courage15:55 the reality of landing in the boat, scary, exhilarating?18:40 going into combat knowing a night trap awaits afterwards 20:33 The SLUF24:37 SAMS and dodging them30:37 Iron Hand32:53 finding SAMs and target prosecution by Shrike39:13 validating success? BDA? 40:33 any tactic change through experience - when iron hand turns into RESCAP43:08 psychological load? 45:08 shootdown49:21 on the ground and to the Hanoi Hilton53:23 cheating death54:03 coming to terms with initial stages of the ordeal56:33 any preconceptions/intel on the “Hilton” before arriving 58:23 initial phase at the Hilton1:02:33 Heartbreak hotel, making (unexpected) acquaintances, eventually starting to eat1:07:43 low down via tap code before leaving solitary and meeting fellow POWs1:10:19 why group you together?1:11:45 information flow, long sideburns and air raid drills preface December 18th (Linebacker II)1:19:53 mindgames and release order hang ups 1:21:58 release day story1:26:50 3 days in Clark and learning to sleep in a bed again1:28:06 to Travis AFB and reuniting with family and friends1:29:11 resentment? Return?1:32:17 flight gear on display in Hanoi1:32:43 what comes next? Returning to normality? Coming full circle on an incredible story. 1:35:58 F-4 orders turn sour so back to Lemoore and the A-7 RAG1:38:38 getting out and into Continental 1:38:45 meeting Kissinger 1:40:06 psychological and emotional journey and the genesis of the book - Hope and Courage1:47:48 meeting Marcus Luttrel and guesting on his podcast1:51:44 how to find Pig on tour/find out more1:53:03 philosophising on the experiences1:55:17 Share this please

This year's What's Treading conversations gave tire dealers a direct line to some of the industry's most influential voices – Bridgestone, Continental, Nokian Tyres, Double Coin, Atturo, Global Air Cylinder Wheels, and Schrader – and today's show brings together the strongest tire dealer insights from those interviews.Tire Review: www.tirereview.com

LORD DUNMORE'S WAR AND CRESAP'S PATRIOT TURN Colleague Robert G. Parkinson. Following the massacre, Logan abandons diplomacy for vengeance, killing nearly twenty people and provoking Lord Dunmore's War. Simultaneously, the Continental Congress calls for rifle companies to join the revolution in Boston, and Michael Cresap is surprisingly tapped to lead a Maryland unit. Parkinson notes the irony that Cresap, previously blamed for frontier violence, becomes a patriot leader, serving alongside Daniel Greathouse, a true perpetrator of the Yellow Creekmassacre. Eventually, Logan sues for peace via his famous lament, declaring his vengeance satisfied and ending his personal war against Virginia. NUMBER 4

Forhjulslir præsenteres i samarbejde med Continental Dæk Danmark. Husk at køre med vinterdæk, når temperaturen er under syv grader. Continental har prisvindende vinter- og helårsdæk. Sikkerheden starter med dækket – både på cyklen og bilen. "Who is this Noah Andersen?" Det spørgsmål har jeg fået igen og igen af udenlandske cykeljournalister under årets Grand Tours. Og med god grund. 18-årige Noah "Tarzan" Lindholm Møller Andersen fra Trorød har taget cykelverdenen med storm. Han slutter 2025 som nummer 1 på alle verdensranglister for U19-ryttere og har fået både danske og internationale øjne rettet mod sig. Næste skridt er allerede på plads: I 2026 rykker han fra Red Bull - Bora - Hansgrohes juniorhold, Team Grenke Auto Eder, op på deres U23-mandskab. Men hvem er han egentlig, knægten fra Trorød? I dette store interview kommer vi helt tæt på verdensetteren. Hør den vilde historie om, hvordan han som barn fik tilbudt en plads på Chelseas fodboldakademi, men valgte cyklen og landevejen i stedet. Vi dykker ned i en cykelgal familie, hvor mor Bettina har fulgt onkel Rolf Sørensens karriere på tætteste hold, og taler om det modige valg at droppe ud af skolen for at satse alt på cykeldrømmen som kun 16-årig. Vært: Anders Mielke

Welcome back to another edition of the UK's number one and only Memphis wrestling related podcast, Memphis Continental Wrestling Cast. On this week's show we cover December 20th 1986 Continental Wrestling where we will see:- Jerry Lawler vs. The Golden Terror Big Bubba/Goliath (with Downtown Bruno) vs. Ed Mattox/Dennis Upton Jeff Jarrett/Billy Travis vs. Rough and Ready (with Boss Winters) The Rock 'n' Roll RPM's (Mike David/Tommy Lane) vs. Tracy Smothers/John Paul Don Bass, Buddy Wayne, Boy Tony, and Tarzan Goto (with Tojo) vs. Paul Diamond, Pat Tanaka, and The Memphis Vice (Jerry Bryant/Lou Winston) Follow the show on facebook Memphis Continental Wrestling Cast (facebook.com/memphiscast) Check out Heat Stroke ( our look at Sunday Night Heat from back in the day, now available on all good podcast suppliers, just search Heat Stroke Visit our brand new tshirt store at https://www.unforgettablevision.com/roster/old-bakery-productions Check out Youtube.com/@memphiscast & patreon.com/memphiscast for videos You can watch the show https://www.youtube.com/watch?v=Dqa8_HblnGI&list=PLgi8coP8E7nr0n_MOjhFl271oFpn_2reL&index=49

Put simply, Brian Beierwaltes is the boss! His technical title is Head of Marketing at Continental Tire, but as far as DwR is concerned, he's the guy. Don't be fooled though, Brian is also a racer. A club racer way before he ever joined Continental, Brian eventually went to IMSA and their marketing department, ultimately […]

In der heutigen Folge sprechen die Finanzjournalisten Anja Ettel und Philipp Vetter über die Oracle-Panik – reloaded, Medlines Mega-Börsendebüt und Rheinmetalls neue Fokussierung. Außerdem geht es um iShares Core MSCI World ETF (WKN: A0RPWH), Oracle, Broadcom, Alphabet, Nvidia, Amazon, Micron, SK Hynix, Samsung, Bitcoin, Ethereum, Rivian, Uber Technologies, Lineage, Arm Holdings, CATL, Continental, Aumovio, Helsing, LVMH, Stellantis, Ferrari, Juventus Turin und Philips. Gestern haben wir vom iShares MSCI World Climate Transition Aware ETF mit der WKN: A406QC gesprochen. Die aktuelle "Alles auf Aktien"-Umfrage findet Ihr unter: https://www.umfrageonline.com/c/mh9uebwm Wir freuen uns an Feedback über aaa@welt.de. Noch mehr "Alles auf Aktien" findet Ihr bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts und AAA-Newsletter.[ Hier bei WELT.](https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html.) [Hier] (https://open.spotify.com/playlist/6zxjyJpTMunyYCY6F7vHK1?si=8f6cTnkEQnmSrlMU8Vo6uQ) findest Du die Samstagsfolgen Klassiker-Playlist auf Spotify! Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? [**Hier findest du alle Infos & Rabatte!**](https://linktr.ee/alles_auf_aktien) Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Welcome to the final episode of Downtime Debrief for 2025 and our last episode before Christmas. As many of you will know, this is 3 friends and fans of the sport, chatting about what we love. In this episode, we talk about our World Cup withdrawal, our favourite 2026 team rumours and our own plans to return to downhill racing next year. Ben and Jonny then turn the tables and grill me about the podcast. There's heaps to talk about, so sit back, hit play and listen to this final episode of Downtime Debrief with me, Ben and Jonny. Podcast Stuff Sponsoring Partners Downtime Debrief is proudly sponsored by Fox Racing, Wahoo, Continental, Magura and Sprung Suspension. Listener Offers Downtime listeners can now get 10% off of Stashed Space Rails. Stashed is the ultimate way to sort your bike storage. Their clever design means you can get way more bikes into the same space and easily access whichever one you want to ride that day. If you have 2 or more bikes in your garage, they are definitely worth checking out. Just head to stashedproducts.co.uk/downtime and use the code DOWNTIME at the checkout for 10% off your entire order. And Just so you know, we get 10% of the sale too, so it's a win win. Patreon I would love it if you were able to support the podcast via a regular Patreon donation. Donations start from as little as £3 per month. That's less than £1 per episode and less than the price of a take away coffee. Every little counts and these donations will really help me keep the podcast going and hopefully take it to the next level. To help out, head here. Merch If you want to support the podcast and represent, then my webstore is the place to head. All products are 100% organic, shipped without plastics, and made with a supply chain that's using renewable energy. We now also have local manufacture for most products in the US as well as the UK. So check it out now over at downtimepodcast.com/shop. Newsletter If you want a bit more Downtime in your life, then you can join my newsletter where I'll provide you with a bit of behind the scenes info on the podcast, interesting bits and pieces from around the mountain bike world, some mini-reviews of products that I've been using and like, partner offers and more. You can do that over at downtimepodcast.com/newsletter. Follow Us Give us a follow on Instagram @downtimepodcast or Facebook @downtimepodcast to keep up to date and chat in the comments. For everything video, including riding videos, bike checks and more, subscribe over at youtube.com/downtimemountainbikepodcast. Are you enjoying the podcast? If so, then don't forget to follow it. Episodes will get delivered to your device as soon as it's available and it's totally free. You'll find all the links you need at downtimepodcast.com/follow. You can find us on Apple Podcast, Spotify, Google and most of the podcast apps out there. Our back catalogue of amazing episodes is available at downtimepodcast.com/episodes Photo – JWDT Photography

We Like Shooting Episode 641 This episode of We Like Shooting is brought to you by: C&G Holsters, Midwest Industries, Gideon Optics, Primary Arms, Medical Gear Outfitters, Die Free Co., Blue Alpha, and Bowers Group   Welcome to the We Like Shooting Show, episode 641! Our cast tonight is Jeremy Pozderac, Aaron Krieger, Nick Lynch, and me Shawn Herrin, welcome to the show! Text Dear WLS or Reviews. +1 743 500 2171 - Gear Chat Shawn - PopStop™ Review: Innovative Solutions for Shooting Enthusiasts PopStop™ is a device designed to eliminate first round pop (FRP) in suppressors by injecting inert carbon dioxide to replace oxygen, thereby reducing impulse noise and suppressor flash. It has been shown to achieve noise reductions of up to 9 dB and can stabilize velocity standard deviations. The product is not compatible with all firearms, particularly 9mm pistols, and requires specific barrel measurements for proper use. Its introduction aims to enhance suppressor performance within the gun community. Shawn - RL-100 Pre-Order Announcement Cloud Defensive has announced the RL-100, a new entry-level rifle light that combines performance with affordability, priced at $149.99 for early pre-orders. Designed for reliability and ease of use, the RL-100 aims to provide a high-quality lighting option for budget-conscious users and agencies without sacrificing performance. This product's introduction may impact the gun community by offering a cost-effective alternative to higher-priced weapon lights, which could enhance accessibility for everyday users and law enforcement. Shawn - Long Range Shooting Tips Advanced long range shooting by Cleckner Nick - KRG Bravo KRG Bravo Shawn - Hi Point's AR-15 Fun Hi Point AR-15 Shawn - Precision Shooting Simplified Kelbly Precision Element Shawn - C&G Holsters News! C&G Holsters Announcement Jeremy - Savage 24F and Chiappa 12ga barrel inserts Bullet Points Chiappa 44 mag Gun Fights Step right up for "Gun Fights," the high-octane segment hosted by Nick Lynch, where our cast members go head-to-head in a game show-style showdown! Each contestant tries to prove their gun knowledge dominance. It's a wild ride of bids, bluffs, and banter—who will come out on top? Tune in to find out! Agency Brief AGENCY BRIEF: SHAYS' REBELLION  1780 – 1785: Economic Conditions Veterans' Pay: Paid in depreciated Continental currency/IOUs. State Policy: Massachusetts demands taxes in hard currency (gold/silver). The Debt: Boston merchants control state debt; courts aggressively foreclose on farms and imprison debtors. August – October 1786: Escalation Aug 29: 1,500 "Regulators" seize the Northampton courthouse to stop debtor trials. Sept: Armed shutdowns spread to Worcester, Concord, and Great Barrington. Captain Daniel Shays emerges as leader. Sept 26: Shays (600 men) vs. Gen. Shepard (militia) at Springfield Supreme Judicial Court. No fire exchanged; court adjourns. Oct 20: Continental Congress authorizes troops but lacks funds. MA passes Riot Act (arrests without bail). January 1787: The Private Army Jan 4: Gov. Bowdoin authorizes a private militia. Funding: 125 Boston merchants subscribe £6,000. Force: 3,000 mercenaries raised, led by Gen. Benjamin Lincoln. January 25, 1787: Springfield Arsenal (The Climax) Objective: Shays leads ~1,200 men to seize 7,000 muskets/cannons at the federal arsenal. Defense: Gen. Shepard (900 militia) defends the arsenal. The Engagement: Shepard fires artillery warning shots over rebels' heads. Rebels advance. Shepard fires grapeshot directly into the ranks. Casualties: 4 rebels dead, 20 wounded. Rebels flee without firing. February – June 1787: The Fallout Feb 4: Gen. Lincoln marches overnight through a blizzard to Petersham, surprising retreating rebels. 150 captured; Shays escapes to Vermont. Spring Election: Gov. Bowdoin is voted out in a landslide; John Hancock elected Governor. June: Hancock issues broad pardons. Legislature enacts debt moratoriums and lowers taxes. 1787 – 1791: Constitutional Impact May 1787: Constitutional Convention convenes; Washington/Madison cite Shays' Rebellion as proof the Articles of Confederation failed. 1788: Anti-Federalists demand a Bill of Rights to check the power of the proposed federal standing army. 1791: Second Amendment ratified. Modern Parallels Narrative: Veterans labeled "insurrectionists" for resisting economic policy. Tactics: Use of private capital to fund state enforcement when tax revenue failed. Legal Precedent: Establishing the "well-regulated militia" as a counter-balance to federal military power.   WLS is Lifestyle Jelly Roll and Gun Rights Jelly Roll wants his gun rights back to hunt after losing them for felonies. Deadpool Unleashed Dead pool Machine Head Introduces 94-Proof Bourbon Whiskey Machine Head has launched Shotgun Blast Whiskey, a 94-proof bourbon designed for fans who enjoy stronger spirits. This product aligns with the band's aggressive identity while remaining accessible as a traditional bourbon. The whiskey emphasizes classic bourbon flavors and is marketed as a lifestyle product, mirroring a trend of music collaborations in the spirits industry. Aaron's Alley Going Ballistic Manhunt Madness: Another Day, Another Gun Control Fail (no summary available) More Giffords Nonsense: Gun Control Before Facts (no summary available) When "Gun Control" Meets Reality: The Brown University Attack Details (no summary available) Gun Control: An Epic Fail at Bondi Beach (no summary available) "Legal Gun Ownership: The Unintended Target of Gun Control Fanatics" (no summary available) When Antique Gun Ownership Becomes a Crime: UK Cops Confiscate 129 Legal Firearms (no summary available) New Jersey's Carry Ban: Lawsuit Showdown or Just Another Dance with Gun Control? (no summary available) Traveling with NFA to get easier? Reviews ⭐⭐⭐⭐⭐ - from TwinDadARguy - Great show, been listening for about 4 or so years. Just heard the convo about Aaron's weird ability to pull interest from the fairer sex. You couldn't come up with a good word for it - I'm here to help. The perfect word is conFAUXdence. You're welcome.   ⭐⭐⭐⭐⭐ - from Devin K - Where is the damn squares button!? Love this show and all the antics that come along with it. Lever action debate that would be fun to listen too. What's your favorite lever action caliber for whitetail hunting? What would be the one you would take if you needed to defend that SSB. #171, #fuckthethumb.   ⭐⭐⭐⭐⭐ - from System AI - A review and comparison to bring us all back to Dungeon Crawler Carl. Let's pair each cast member to a Character from DCC. First, Shawn, obviously he's Carl. He's the main character. He's powerful. He's the reason we are all here. There may or may not be a Cat that led him here. He likely has someone obsessed with his feet and definitely only has heart boxers on behind his desk. Second, Aaron, he's Prepotene. Smart and powerful. Sometimes on the team, sometimes in the way, sometimes nowhere to be seen. Probably rides a Goat. Screams nonsense from time to time. Would be dead without the rest of the team. Third, Jeremy. Jeremy is Quasar. Swears constantly Hates the leader/rulers of the galaxy and game. Is there everytime we need him. Will likely be the reason the rest end up in a prison. Fourth, Savage. He's JuiceBox. Extremely smart. AI generated. Self aware. Playing the same game but may have a different motive. Likely to lead to the downfall of the show. Last, Nick. Nick is Samantha. Much more powerful then he's willing to let on. Always growing in power. A very important member to keep the show running. Would be dangerous if all his organs worked correctly. And Shawn has definitely been inside him. These comparisons can not be altered. Debate will result in acceleration. Thanks for your attention to this matter. Signed, Gary/System AI. #nonotes   Before we let you go - Join Gun Owners of America   Tell your friends about the show and get backstage access by joining the Gun Cult at theguncult.com.   No matter how tough your battle is today, we want you here fight with us tomorrow. Don't struggle in silence, you can contact the suicide prevention line by dialing 988 from your phone. Remember - Always prefer Dangerous Freedom over peaceful slavery. We'll see you next time!   Nick - @busbuiltsystems | Bus Built Systems Jeremy - @ret_actual | Rivers Edge Tactical Aaron - @machinegun_moses Savage - @savage1r Shawn - @dangerousfreedomyt | @camorado.cam | Camorado

In this episode, our host Professor Robert Allison welcomes historian and educator Sean Heuvel, Director of Graduate and Professional Enrollment at Christopher Newport University, for a spirited exploration of the newly edited Revolutionary War Memoirs of General William Heath. Together they stroll through Heath's vivid accounts of the Siege of Boston, the New York campaign, the intrigues of command, and the quiet burdens shouldered by a Massachusetts gentleman-general whose pen was often as sharp as his sword.Heuvel shares why Heath's memoirs remain an essential, underappreciated window into the Revolution's early campaigns and the personalities who shaped them. With fresh annotations, contextual framing, and a keen editorial eye, Heuvel illuminates Heath not as a footnote, but as a thoughtful architect of the Continental cause.It's a conversation that lifts a lantern toward the lesser-known corners of the war and reminds us that every revolution depends on more than its marquee heroes. Tune in and meet General Heath anew. Tell us what you think! Send us a text message!

Welcome back to another edition of the UK's number one and only Memphis wrestling related podcast, Memphis Continental Wrestling Cast. On this week's show we cover December 13th 1986 Continental Wrestling where we will see:- Tracy Smothers vs. Boy Tony (with Bruno) Big Bubba/Goliath (with Downtown Bruno) vs. Jim Jamison/Mike Murphy The Great Kabuki (with Tojo) vs. Ed Mattox Tommy Rich vs. Keith Eric Tag Champs Jeff Jarrett/Billy Travis vs. The Rock 'n' Roll RPM's (Mike David/Tommy Lane) Follow the show on facebook Memphis Continental Wrestling Cast (facebook.com/memphiscast) Check out Heat Stroke ( our look at Sunday Night Heat from back in the day, now available on all good podcast suppliers, just search Heat Stroke Visit our brand new tshirt store at https://www.unforgettablevision.com/roster/old-bakery-productions Check out Youtube.com/@memphiscast & patreon.com/memphiscast for videos You can watch the show https://www.youtube.com/watch?v=EK_Zbc5iqxM&t=6s

In this episode, Mia interviews Janette Sherman, a longtime marketing leader in the outdoor + bike world who now heads bike marketing for the Americas at Continental.Janette shares her journey from journalism to Liv Cycling and Yeti Cycles, opening the door on what it's like to build a career inside niche brands and global corporations. The conversation covers:Her path into the bike industryNavigating leadership as a woman in a male-dominated spaceThe evolution of women's representation in cyclingWhy storytelling matters more than ever in outdoor marketingMentorship and developing future women leadersCurrent trends shaping the bike industryA memorable rattlesnake story you won't forget

Matt Larosiere and Ivan T. Troll dive into a packed episode, starting with personal updates and a move. They explore the history of the Colt All American and discuss Matt Hoover’s legal challenges. The episode covers Caribbean gun trafficking and analyzes a controversial gun seizure image. They critique the Trump administration’s NFA contradictions and examine […]

Matt Larosiere and Ivan T. Troll dive into a packed episode, starting with personal updates and a move. They explore the history of the Colt All American and discuss Matt Hoover's legal challenges. The episode covers Caribbean gun trafficking and analyzes a controversial gun seizure image. They critique the Trump administration's NFA contradictions and examine an AP article on mass killings post-Bruen. The ATF's rule on interstate NFA transport is scrutinized, followed by a look at shotguns in military history and a UK man's legal issues over a shotgun photo. They end with discussions on California ammo law, Rep. Ilhan Omar's gun control, and Florida's gun law repeal. Caribbean gun trafficking tied to hubs in Florida and Georgia Both sides of the mouth: The Government Defending NFA while Taxing at 0 Additionally, they're doing the same thing in the Colon case US mass killings are down in 2025 Proposed ATF Final Rule Would Simplify Interstate Transport Of Some NFA Items Traditional Arms: Fuddbusters and Ratman America's Dumbest Shotgun Earns Another U.S. Army Contract Man Arrested in UK for Posting Shotgun Photo From Florida Trip to Linkedin MAF Corp: Fudbdusterss 9th Circuit revives California law requiring background checks for ammo purchases Rep. Ilhan Omar Pushes for Federal Gun Registry and Nationwide Buyback FFL Payments US Justice Department plans gun rights office within civil rights unit Florida: Pro-Gun Bill Repealing Adult Age Discrimination Advances to House Vote Patriot patch Co. TWIG10   Timestamps: 0:00 Introduction and sponsors 1:37 Consolidated: Ivan's updates and Matt's moving 2:31 Colt All American discussion 5:24 Matt Hoover's legal situation 6:28a Caribbean gun trafficking report 8:18 Analysis of gun seizure image 15:03 Trump admin and NFA contradictions 26:39 AP article on mass killings and crime post-Bruin 32:05 ATF rule on interstate NFA transport 38:21 Sponsor: Traditional Arms Holsters 38:58 Shotguns: History and military use 46:38 UK man's shotgun photo incident 52:22 Sponsor: MAF Corporation 53:16 Ninth Circuit and California ammo law 57:12 Rep. Ilhan Omar's gun control efforts 1:02:14 Sponsor: FFLPaymentProcessing.com 1:02:57 DOJ's gun rights office and Florida gun law repeal 1:07:49 Sponsor: PatriotPatch.co 1:09:43 Closing remarks and Patreon promotion

Welcome back to another edition of the UK's number one and only Memphis wrestling related podcast, Memphis Continental Wrestling Cast. On this week's show we cover December 6th 1986 Continental Wrestling where we will see:- Rock n Roll RPMs (Mike Davis/Tommy Lane) vs. the Bryant Brothers Boy Tony/Tony Burton vs. The Memphis Vice (Jerry Bryant/Lou Winston). Sato/Goto/Kabuki vs. Jim Jamison/Ed Mattox/David Johnson Big Bubba/Goliath vs. William Freezer Thompson/Mike Murphy Jarrett/Tanaka/Travis vs. The Headhunters/Keith Eric. Follow the show on facebook Memphis Continental Wrestling Cast (facebook.com/memphiscast) Check out Heat Stroke ( our look at Sunday Night Heat from back in the day, now available on all good podcast suppliers, just search Heat Stroke Visit our brand new tshirt store at https://www.unforgettablevision.com/roster/old-bakery-productions Check out Youtube.com/@memphiscast & patreon.com/memphiscast for videos You can watch the show https://www.youtube.com/watch?v=TRR4DIIuL6o

Kris and David are back as we discuss the partial week that was November 27-December 1, 1986 which means THANKSGIVING WEEK!! Topics of discussion include:Starrcade '86 with a full rundown of everything that went down in both Atlanta and Greensboro, featuring Ric Flair vs. Nikita Koloff, the Midnight Express vs. Road Warriors scaffold match, Dusty Rhodes vs. Tully Blanchard in a first blood match, Paul Jones becoming a BALD-HEADED GEEK, and so much more.“Bullet” Bob Armstrong making his return to WTBS after 2 years away to help his son Brad against Bill Dundee and Jimmy Garvin.Bruiser Brody issuing a grandstand challenge to Antonio Inoki.Bob Roop getting fired as the booker in Florida.The Fabulous Ones returning to Memphis, which pisses off the Rock 'n' Roll RPM's.Jonathan Boyd showing tbe world his New Zealand Death Box on TV, much to Lance Russell's consternation.Fritz Von Erich battling Abdullah the Butcher at Reunion Arena and why Bruiser Brody was there even though he wasn't booked.Saturday Night's Main Event headlined by Randy Savage vs. Jake Roberts. Andre the Giant giving us an update from London after he gets reinstated.All of the big Thanksgiving shows from around the country.This show was pretty damn awesome in our opinion, and we hope that you agree!!!Timestamps:0:00:00 Jim Crockett Promotions1:27:30 Int'l: AJPW, NJPW, Stampede, EMLL, UWA, & WWC1:43:54 Classic Commercial Break1:47:46 Halftime2:44:08 Other USA: NWF, Deep South, CWF, Continental, CWA/Memphis, UWF, WCCW, AWA, & Portland4:07:57 WWFTo support the show and get access to exclusive rewards like special members-only monthly themed shows, go to our Patreon page at Patreon.com/BetweenTheSheets and become an ongoing Patron. Becoming a Between the Sheets Patron will also get you exclusive access to not only the monthly themed episode of Between the Sheets, but also access to our new mailbag segment, a Patron-only chat room on Slack, and anything else we do outside of the main shows!If you're looking for the best deal on a VPN service—short for Virtual Private Network, it helps you get around regional restrictions as well as browse the internet more securely—then Private Internet Access is what you've been looking for. Not only will using our link help support Between The Sheets, but you'll get a special discount, with prices as low as $1.98/month if you go with a 40 month subscription. With numerous great features and even a TV-specific Android app to make streaming easier, there is no better choice if you're looking to subscribe to WWE Network, AEW Plus, and other region-locked services.For the best in both current and classic indie wrestling streaming, make sure to check out IndependentWrestling.tv and use coupon code BTSPOD for a free 5 day trial! (You can also go directly to TinyURL.com/IWTVsheets to sign up that way.) If you convert to a paid subscriber, we get a kickback for referring you, allowing you to support both the show and the indie scene.You can also use code BTSPOD to save 25% on your first payment — whether paying month to month or annually — when you subscribe to Ultimate Classic Wrestling Network at ClassicWrestling.net!To subscribe, you can find us on iTunes, Google Play, and just about every other podcast app's directory, or you can also paste Feeds.FeedBurner.com/BTSheets into your favorite podcast app using whatever “add feed manually” option it has.Support this podcast at — https://redcircle.com/between-the-sheets/donationsAdvertising Inquiries: https://redcircle.com/brands

Andrew Zarian is back with another episode of Wrestling Observer Live Sunday Edition, talking about the latest wrestling news stories. This week, I break down Saturday night's Survivor Series War Games and discuss the highs and lows. Both War Games matches had their problems, even though there were some memorable spots. The highlight of the show was John Cena vs. Dominik Mysterio, which saw the return of Liv Morgan in a highly entertaining, overbooked match. I also talk about the Continental Classic current standings and the confusion between the Continental and International titles. Also, who should be in the finals at the end? Plus, Claudio Castagnoli wins CMLL Gold, Kenny Omega's booking, and Jushin Thunder Liger makes an indie appearance. All this and more!

Oi you, loser! Or should that be winner? Yes on this month's episode of The Cycling Podcast Féminin, we discuss our picks for the winners and losers of the season. Our very own losers Rose Manley, Denny Gray and Rebecca Charlton pick out a few notable performances – both for good and bad reasons – from a season that threw up a number of surprises. We ask who faired best and worst from the big transfer shake up which saw many big name riders find new teams and responsibilities. For our mini feature this month we look at the rise of African cycling in light of Team Amani's announcement that they will become the first ever Africa-based Women's Continental team. We hear about the challenges facing African riders from visa complications to community stigma and find out about Team Amani's ambitions to make it to the Tour de France Femmes by 2028. Listen in to hear from team mentor Ashleigh Moolman-Pasio, partnerships director Xylon Van Eyck and Team Amani star rider Xaverine Nirere who lit up the World Championships time trial in Rwanda this year. We also take a look at next year's Tour de France Femmes course which covers nine stages from Switzerland to Nice. Also on the agenda: Anna Van der Breggen plays the piano, Denny embraces his inner beatnik poet and a wet ffff… firework. Follow us on social media: Twitter @cycling_podcast Instagram @thecyclingpodcast Friends of the Podcast Sign up as a Friend of the Podcast at thecyclingpodcast.com to listen to new special episodes every month plus a back catalogue of more than 300 exclusive episodes. The 11.01 Cappuccino Our regular email newsletter is now on Substack. Subscribe here for frothy, full-fat updates to enjoy any time (as long as it's after 11am). The Cannibal & Badger Friends of the Podcast can join the discussion at our new virtual pub, The Cannibal & Badger. A friendly forum to talk about cycling and the podcast. Log in to your Friends of the Podcast account to join in. The Cycling Podcast is on Strava The Cycling Podcast was founded in 2013 by Richard Moore, Daniel Friebe and Lionel Birnie.

This week's Wealth Formula Podcast is about the economics of sports—if you are a sports fan like me, you will love it. But before we get to that, I want to give you my two cents on one of the most important elements to financial success in anything: conviction. As I write this, Bitcoin sold off from a high of $126K to under $90K. Other cryptos have lost 50-90 percent of their value in the same time. It's been called a blood bath. Some are even saying it’s over for Bitcoin. I might even believe them if I hadn't seen the same story at least 5 times before over the past decade. True bitcoiners have tremendous belief in what bitcoin means to the world. Someone who bought $1,000 of Bitcoin in 2010 and simply refused to sell would now be sitting on hundreds of millions of dollars. That is the reward for true conviction. The irony of this bitcoin cycle is that many of those individuals with high conviction are finally cashing in on the fruit of their patience. Almost every day, another wallet that hasn't been active since 2011 is selling off a billion dollars into the market into the hands of Wall Street and governments. That's why prices are tumbling. But don't be fooled into thinking that these buyers are the dumb money holding the bag. The story does not end here. Nor is the Bitcoin story a one-off either. History repeats itself as the story of investments unfolds over time. In December 1999, Amazon stock traded at $106. After the dot-com crash, it fell to $5.97. Every talking head had a eulogy written for the company. But if you were crazy enough to hold through the storm, your conviction paid off spectacularly: $10,000 invested in Amazon in 2001 is worth over $20 million today. Now, moving on to the topics of sports. One of my favorite examples of conviction is from 1920, when George Halas bought the Chicago Bears franchise for $100. The Halas family could've “taken profits” countless times. They lived through multiple depressions, a world war, a dozen recessions, five or six league restructurings, labor disputes, player strikes, and decades of bad seasons. Anybody else would've bailed. But they didn't, and today, the Chicago Bears are valued at over $6.3 billion. These stories have different time periods and different industries, but they all teach the same lesson: Conviction is one of the most profitable assets you can own. That's the message I want to leave you before we move into a perhaps more entertaining topic: the economics of professional sports. Most people think of sports in terms of touchdowns, rivalries, and Super Bowl rings. But the truth is… professional sports is one of the greatest wealth-creation machines in American history. Few people understand those engines better than our guest this week. He's one of the clearest, most respected voices in sports economics today, and he's going to break it all down for us: salary caps, streaming deals, and team valuations. If you are a sports fan, you are going to love this week's episode of Wealth Formula Podcast! Transcript Disclaimer: This transcript was generated by AI and may not be 100% accurate. If you notice any errors or corrections, please email us at phil@wealthformula.com.  Donald Trump pretty much bankrupted the USFL by saying we’re gonna go head to head, uh, with the NFL instead of trying to build a a Spring Sports League. Welcome everybody. This is Buck Joffrey with the Wealth Formula podcast. Happy, uh, Thanksgiving week, uh, and uh, this week because it is a holiday week in, you know, football and all that kind of stuff that goes along with it. We’re gonna talk. About the economics of sports. And if you’re a sports fan like me, you’re gonna really like this. I really had fun with this interview actually. It was just like me asking a bunch of questions I always had. But anyway, before we get to that, I want to give you my 2 cents. One of the most important elements that I think there is give financial success in anything, and that is conviction. And I bring this up to you in part because Bitcoin sold off. Um, and well at least all the time, I’m recording this from a high of 126,000 and then it, it plunged actually below 90,000. And then of course, there were other cryptos that lost 50 to 90% of their value in the same time. Uh, yeah, it was a bit of a bloodbath. It’s been called a bloodbath and it is a blood bath. And of course, there are some who are declaring Bitcoin dead Again. Um, and you know what? I might even believe them if I hadn’t seen, uh, the same story, at least I’d say, I don’t know, maybe four or five times over the past I, eight years, nine years, whatever. True Bitcoiners though, have a tremendous belief in what Bitcoin means to the world and where this is headed. And some of them, well before I ever got in, right? I mean. That serious conviction because, you know, the people who were buying, you know, back in 2012, 13, I mean, this was completely outta nowhere, had no one’s, uh, no one’s support, nothing. In fact, in 2010, uh, you know, if, if you bought Bitcoin back then simply refuse to sell up until now, um, say you bought a thousand dollars of Bitcoin. You’d be sitting on hundreds of millions of dollars of Bitcoin, right? That’s the reward for true conviction. And those people, frankly deserve it. Because can you imagine if you just bought a thousand bucks or something and it was already up to a million, it was already up to 10 million and all the way up to 20 million, you still didn’t sell. I mean, I don’t even know if I could, I don’t know if I could do that. I don’t think I could. I mean, at some point I would be like, take the money and run. Right. Um. You know, it’s a funny thing though. The irony of this Bitcoin cycle that we have right now is that many of those individuals with, you know, super high conviction, um, the ones that were in way before any of us and before me, well, they’re actually, a lot of them are actually cashing out sort of the fruit of their patients. Right. Almost every day right now, you’re seeing a another wallet that’s been dormant since like 2011. And all of a sudden it sells. It’s something that has done nothing, but just sit there in storage, selling off a billion dollars into the market, probably, you know, started out as like 10 grand. Right? And where’s that money going? It’s going to the hands of Wall Street’s, going in the hands of, uh, governments. That’s actually the ironic part here. That’s why prices are tumbling. Because I think people are saying, well, gosh, we’re at a hundred grand. I’m sitting on hundreds of millions of dollars. I’m sitting on a billion dollars. Uh, I think it’s time to get out, right? But don’t be fooled, in my opinion, to think that these buyers are, uh, you know, they’re the dumb people holding the bag. I mean the, the people holding the bag, it’s Wall Street, right? They’re governments and reserves. And, uh, you know, big treasury companies, the story doesn’t end here. And the other thing is that Bitcoin story is not a one-off in history at all, right? In fact, you know, it, Bitcoin gets a lot of attention. But you even look at something like Amazon, right? December, 1999, Amazon stock trading at $106. Then the.com crash comes, and guess what? It fell down to $5 and 97 cents. That’s a Bitcoin like crash, right? And every talking had a eulogy written for the company. And if you were crazy enough to hold through that storm, your conviction paid off spectacularly. If you had $10,000 invested in Amazon in 2001, it’s worth over $20 million today. So anyway, that’s the point I have though. You know, it’s, the point is about conviction. Uh, and, and I’m not saying that you should just be dumb, buy something and be dumb about it, but especially on these asymmetric things where you think something could be really big, give yourself a time, a period, right? I mean. The only thing other than Bitcoin that I think I, I’m really interested in, in the crypto space is something called Solana. Solana is down like 50% from its ties, and I still think that, you know, when the dust settles, I think this is going to be something that’s gonna pay, pay off. Now if I were to watch it day by day, uh. It’s demoralizing, right? But, but I think the point is, if you have some conviction in something, give it some time. You know, say, I’m gonna watch this for at least five years if I can, if I don’t absolutely get into a situation where I need that money, which hopefully you don’t, because this is not where that kind of money belongs. Right? But give it some time and don’t look, there’s lots of noise, and, and, and then just give it some time and see what happens. Right? Now speaking of giving it some time, you know, a similar story in the sports arena in 1920, George Halas, I think it was Papa Bear, right? George Papa Bear. Halas bought the Chicago Bears franchise for a hundred bucks. Yep, a hundred bucks. Now the Halas family could have taken profits countless times, and they lived through lots of, uh, bad times. Depressions, uh, you know, world War, uh, a dozen recessions, five or six, uh, league restructurings, labor disputes, player strikes, decades of bad seasons. And maybe anybody else would’ve billed at some point if they’d made, you know, millions of dollars from the a hundred bucks. But they didn’t. And the Chicago Bears, as much as I don’t like the Chicago Bears, are valued over $6.3 billion. Now these stories, ultimately, they’re, you know, different time periods, different industries, but same lesson conviction, it’s one of the most profitable assets you can own or attributes at least. Maybe it’s not an asset, I don’t know. That’s a message I wanna leave you before we get into the topic of today, which is the economics of professional sports. Now, most people think of sports in terms of touchdowns, rivalries, super Bowl rings, all that kind of thing. But the truth is professional sports is one of the greatest wealth creation machines in American history, and few people understand those engines better than our guest this week. He’s one of the clearest, most respected voices of sports economics today. And he is gonna break it all down for us. We talk salary caps, streaming deals, team valuations. We talk about the Green Bay Packers and why they’re owned by the city of Green Bay instead of owners. All that kind of stuff that you might have wondered about but you never really knew. So if you’re a sports fan, enjoy it and happy Thanksgiving. We’ll have that interview for you right after these messages. Wealth formula banking is an ingenious concept powered by whole life insurance, but instead of acting just as a safety net, the strategy supercharges your investments. First, you create a personal financial reservoir that grows at a compounding interest rate much higher than any bank savings account. As your money accumulates, you borrow from your own. Bank to invest in other cash flowing investments. Here’s the key. Even though you’ve borrowed money at a simple interest rate, your insurance company keeps paying you compound interest on that money even though you’ve borrowed it. At result, you make money in two places at the same time. That’s why your investments get supercharged. This isn’t a new technique. It’s a refined strategy used by some of the wealthiest families in history, and it uses century old rock solid insurance companies as its backbone. Turbocharge your investments. Visit Wealth formula banking.com. Again, that’s wealth formula banking.com. Welcome back to the show everyone. Today. My guest on Wealth Formula podcast is, uh, Dr. Victor Matheson, professor of Economics and Accounting at College of Holy Cross. He’s a leading authority on sports economics, studying everything from the financial impact of mega events like the Olympics and World Cup, to the inner workings of professional sports leagues, lotteries, and public finance. Uh, welcome to the show. How are you? Well, thanks for having me. Great. Always happy to talk some sports economics. Oh gosh, this is interesting. I’m a huge, uh, I’m a huge sports fan, especially NFL and, uh, so, you know, instead of talking personal finance, you know, without, uh, without any, uh, uh, sports in it, this is definitely a, uh, welcome for me. So, um, well, vigor, let’s start, start with this, you know, um. Most of us who are big sports fans, you know, we’re really driven by the idea of the, the, you know, the, the emotion, the entertainment. Taking a step back from your perspective, how should we look at this whole ecosystem of sports as an economic system? Well, uh, first of all, it’s. It’s both bigger and smaller than, uh, than you would imagine. So if we think of the NFL, the NFL ha generat more revenue than any, uh, sports league in the world. Uh, this year it’ll come in somewhere around 22 ish billion dollars. Uh, that certainly seems like a lot of money. On the other hand, a Sherwin Williams paint store comes in at about that same sort of, uh, revenue, you know. On many podcasts talking about talking about paint, right? Um, if we talk worldwide, all the sports leagues all put together, uh, we’re talking about maybe a hundred billion or so, maybe 120 billion, roughly the same size as Johnson and Johnson. So, uh, you know, it’s a big industry. It’s a, you know, billions in with a B, but it’s also a tiny percentage of, of the total amount of economic. Being generated every year, and, and so we can easily get, uh, um, we can easily get ahead of ourselves and say, well, you know, uh, it’s the biggest company in the world, the NFL, it’s, it’s not even 500. Interesting. Um, so let’s talk a little bit about this, um, uh, how value is created in these leagues. So, so, you know, you said professional leagues are built on the economics of controlled scarcity. So talk a little bit about that, if you would, how this scarcity model drives value and, and, and protects, uh, uh, profitability. Right. So let’s compare, you know, let’s compare a Walmart. To the NFL, right? Uh, so Walmart takes a look at all these potential places that you could put a Walmart and they say, oh, this would be a good one. And a Walmart goes in. And now that Walmart’s generating economic impact and generating revenues for the, for the. For the company and all these sort of things. Now let’s look at the NFL, right? Uh, the NFL does the same thing. They said, Hey, uh, let’s look at Las Vegas. Would that be a good place for a, for a team? Uh, is is London gonna be a good place for a team? Uh, and they look at those. Uh, but here’s the deal. If Walmart looks at 50 places and says, Hey, these 35 would be good places. They’re not gonna just pick the best one for a franchise. They’re gonna put. Walmart’s in all of those, right? Uh, the NFL on the other hand, very specifically saying, you know, we actually don’t wanna put an NFL franchise in every place that we could, uh, make a profit in because we want to be in the, in a world where there are fewer NFL franchises than there are cities that want them, and that generates demand for this. Um, Walmart can’t do that because if Walmart doesn’t put in a franchise somewhere, uh, you know, Target’s gonna come in instead. Uh, that’s not gonna happen in the NFL, uh, because there’s no other competitor to that. So they can actually restrict the number of franchises they have, which means that every franchise is selling at a, a super premium price. These are, you know, at the lowest end, we’re talking five, six, $7 billion franchises. Now, uh, they could sell multiple new expansion franchises, but they choose not to. To maximize the value of those existing franchises. It’s been a while actually since the NFL expanded, um, the league. And I’m curious, what are, you know, what is it that drives them ultimately to do that? I mean, again, you just mentioned there’s this whole scarcity issue. I mean, what do you think are sort of the limitations or sort of the. You know, the, the, the points at which they say, well, gosh, maybe we do move to London, or maybe we do that. Like, do you have a sense of that? Yeah. So a couple things they wanna do. So first of all, one of the big things that all of the leagues in the United States have done is they want to be a big enough league to make sure that they cover all of the good spots or most of the good spots for a team. You don’t wanna leave enough good team locations that a rival league could come and start to challenge you. Right? So thinking back to the 1950s, uh, one of the most important sports leagues ever to come about in the United States. Actually never even existed. And this league is what was called the Continental League. And the Continental League in the 1950s arose as a challenger to major league baseball. Major League baseball in the 1950s was exactly the same size as it was in 1901. It was 16 teams. But the United States had grown immensely and the league had started to move, you know, the Dodgers to LA and the Giants to San Francisco, but you still had huge amounts of the country uncovered by baseball. And so this Continental League came about as an idea saying, you know what? We can take on Major League Baseball by putting franchises in places that it doesn’t exist. They said, oh, here’s our new eight league team. And the way Major League Baseball responded to that is before continental baseball could even start, uh, start existing, it said, oh yeah, well we’re gonna put a team in Minneapolis. We’re gonna put a team in Houston. We’re gonna put teams in these Lee in these cities that the Continental Baseball Association was gonna go into. And therefore, uh, continental baseball never got into existence because Major League Baseball expanded into those locations and everyone has taken that, that hit. You need to be big enough to make sure that every place with a, a good chance at having a team, or at least most of them, uh, are covered so that there’s 8, 10, 12 cities out there, uh, a big enough footprint that you could have your own new league. Uh, do that. So, I mean, if you look at the NHL, if you look at NBA major league baseball, NFL, all about 30 teams. There’s about 30 or a few more big cities. But what’s very important is there’s not 10 or 12 big cities out there, uh, without NFL teams, without football teams that. A rival league could move into that space. You know, I’m curious when you, you brought up that Continental league in baseball. It reminds me when I was a kid of, uh, the United States football, like the USFL and all, they got all these, uh, players, like I remember Herschel Walker started there and, and there was a number of actually guys who ended up in the NFL and being big stars there. So they, they definitely, uh, started out pretty strong. What went wrong for the USFL? It’s so funny you say that. Uh, the answer is actually one big, uh, name. It’s actually Donald Trump. Yeah. So, so what USFL did is, is they noticed that their niche was, um, was the spring, right? We play college football, we pay play high school football, and we play the NFL in the fall, which means that, uh, people out there in the spring, there’s no football out there to be had. The USFL said, you know, we could move into this market. So first of all, we’re gonna move into the spring where there’s not a rival. Second of all, we’re gonna take at least some cities where there’s not active, um, football teams either places like Birmingham, right? Uh, so any case, uh, what happened there is the USFL. Kind of got a little, its ego kind of got ahead of itself and it said, Hey, now that we’ve established ourselves in the spring, we do have some big stars like, uh, uh, Herschel Walker, like Doug Flutie, uh, some of these others. We’re gonna try to take the, uh, take the NFL on, uh, head to head and we’re gonna move from the spring to the fall. And the other thing they did that was very important is they filed a lawsuit against, uh, the NFL, saying that the NFL was engaging in antitrust activity that was keeping this rival league down. It was, uh, keeping them off TV by using their market power with some of the broadcasters. It was using its market power with stadiums to keep these teams out. And so they took him to court, and I think the, the hope was that there would have to be a settlement and that settlement would result in the USFL merging with the NFL. And the owners of the big teams in the USFL would kind of get a backdoor into the NFL this way. As it turns out, the court, in fact did find in favor of the USFL. Uh, they said yes, the NFL is engaging in illegal antitrust activity, but they also said. You guys are insane. Uh, going against the NFL in the fall, there was no way you’re gonna make it. So even though the NFL was found guilty, the jury only awarded $1 of damages. Uh, technically in antitrust cases, that’s tripled. So they actually were awarded $3 in damages and the league basically folded the next day. They won their lawsuit, but they folded the next day. But of course, the owner that had most. Most importantly pushed the league to go head to head against the NFL was the owner of the new, uh, New Jersey team, the Generals New Jersey Generals. Right? And it was Donald J. Trump. Donald Trump. Uh, so Donald Trump pretty much bankrupted the USFL. By, uh, by saying we’re gonna go head to head, uh, with the NFL instead of trying to build a, a Spring Sports League. Now, to be fair to Donald Trump, which I don’t necessarily want to be, but to be fair to him, um, there’s no guarantee that the USFL would’ve made it as a spring league either, but I think anyone, again, a jury looking at this said there was just no chance of that league, uh, surviving against, uh, the NFL. If you try to go head to head in the poll. Just, just outta curiosity, uh, you know, there, when you talk about Trump, I know like he’s had an interest in, you know, professional football teams for a long time where he did, at least, there’s a certain politics that goes into buying an NFL team as well, right? Right. So the NFL is a partnership. Yeah. Which means that they can choose who they decide to partner with. And, uh, the presumption was, uh, in the 1980s when Donald Trump was trying to become an NFL owner that Donald Trump, uh, neither had the money, nor had the friendships among other NFL player, uh, NFL owners, uh, to get into that very exclusive club. And so again, he was able to get into the USFL because it was a much lower buy-in, in terms of, of cost. The USFL owners couldn’t be as picky about who they wanted as fellow partners, and again, I think Donald Trump saw the USFL as a way to potentially get into the NFL through the back door through this lawsuit, and, and by moving directly in the, in the fall because the jury just didn’t find that, that there was any plan. By which the USFL teams could have ever become profitable, uh, going head to head in the fall against the NFL. Let’s talk a little bit about sort of valuations, because what’s interesting is, you know, you’ve talked about scarcity and, you know, the way that the leagues have manipulated, uh, that to make sure that there, you know, the values continue to grow, but at some point in the last 30, 40 years, the numbers just really skyrocketed, right? Where these football teams, you know. It wasn’t a straight line in terms of how much they were worth. What, what went into that massive inflection of, uh, of, of valuation? So, first of all, I think you’re exactly right. There has been this massive inflection. Uh, so I’ve been teaching sports economics since the 1990s and, and the 1990s were kind of at the end of an era where this was really one of the sames back in the seventies, eighties, and even as late as the early nineties, that if you wanna become a millionaire. Start out a multimillionaire and then buy a sports team because it was a, it was just a, uh, a dumpster fire that you could just burn up cash without any hope of any sort of real return. And that changed in probably the late eighties, early nineties. That really changed, uh, a couple things. Change that, uh, first of all. By the nineties and certainly by the two thousands, um, most of the big professional sports in the United States had solved lots of their labor relation problems with the, with the athletes. So there was always this question about, uh, you know, do athletes have the ability to bargain with other teams? Are they able to get free agent, uh, agency, are teams going to be constantly fighting and, and spending every dollar that they can down to the point of bankruptcy to buy that superstar team? And what happened again in the nineties, starting in the eighties through the nineties and the two thousands is pretty much leagues have, uh, agreed to a world where. We’re gonna limit the amount of spending, uh, that we’re gonna do on players so that we’re not all bankrupting each other, bidding for players. In order to get the players to go along with that, we come to an agreement that we’re gonna share basically half the money with the players. And that’s exactly how the NHL works, the NBA works and the NFL works. Major League Baseball is not like that yet. And we may see not this season, but the next one, um, them trying to finally join ranks with the other, uh, with the other leagues. Uh, the question is whether we’re gonna see that happen without a gigantic, uh, work stoppage that. You know, some people who are pessimistic think we’re, we may not have baseball at all in 2027. 2026 is fine, but 20, 27 may, may fall. So as soon as like your costs are all covered up, that you know that everyone is kind of playing on a level playing field. Once we know that we don’t have to worry about bankrupting ourselves. We are only paying players, what we’re bringing in as revenue. All of a sudden, this is a fairly safe investment in a way that it never was prior to, you know, this all dying down. Couple other things going on here as well is, of course, the country’s gotten bigger. We have gotten bigger, but without adding additional, many additional franchises, which means, uh, those, those tickets are becoming increasingly expensive. We’ve gotten richer in a, in a skewed fashion, so that, uh, that of course the rich have gotten richer, a lot faster than the poor have. But of course, going to a baseball game, especially with those luxury boxes and things like this, is, uh, an activity that is reserved for the wealthy. And as the wealthy have gotten more, uh, uh, have gotten, you know, increasingly rich, uh, that means that. You know, businesses like Major League Baseball in the NFL that cater to the upper class, uh, do disproportionately well. And the last thing, and I’m sure you’ve talked about, uh, this before, is on your show, obviously you can have, um, you can have investments that are irrational as long as you think there’s someone later that’s irrational, that you can, you can hand it off to, right? This is, this is all the Greater fool theory. Uh, although I don’t think necessarily in this case, the, the owners are fools, but. Sports teams are a toy of billionaires that you say, well, look, I, I am, I’m a Mark Cuban. I’ve made billions of dollars. Now I want to spend some of my, my money on a, a fun asset. You know, you and I might collect a baseball cards. Mark Cuban might collect baseball teams, right? Uh, so, uh, in a world you might be willing to overpay because you wanna be a sports soldier and you wanna rub elbows with. You know, KA Leonard, you wanna rub elbows with, uh, with, with Shhe Tani. Um, and you may be willing to overpay for that asset, but guess what? 20 years down the way, there’s still gonna be another billionaire who wants to rub elbows with that next generation of superstars. And so you’re fairly sure that the next time when it comes to sell your franchise, there will be another person who’s willing to pay a premium for that asset as well. So again, as we’ve gotten more billionaires, more billionaire wealth, um, this is something that, uh, you know, has attracted folks like Steve Ballmer to, to part with, with big money. And, uh, again, as billionaire assets have grown, uh, the ability and the desire to buy these teams has grown as well. I would think a major driver of the value. Is also coming from, um, the, the media sources, uh, that are changing, right? Where, I mean, I remember, you know, again, being a kid and there was this, you know, there was Monday night football and it was on NBC and. And that, that’s how it worked. But now there’s like bidding for these things and you’ve got Amazon, uh, doing Thursday night football, which is a little weird. Um, and you know, you sometimes you have, uh, uh, you have games on Peacock. What’s going on with that? How does it affect the economics? Uh, and ultimately, like where is this headed? So, uh, in a, in a league like the NFL, uh, over 60% of all revenues that they generate is media revenue, right? Because most of us aren’t going to games every day, uh, too expensive for us, or too time consuming or all sorts of other things. But, uh, lots of us tune in on tv. So we’re talking about, uh, well over $10 billion of annual media contracts with the NFL. Um, and those numbers have been going up, uh, at least in part because you have media companies, uh, in a pretty competitive environment bidding against one another for these things. Now, one of the things about, again, things like the NFL or the NBA is it allows broadcasters or other types of TV networks to bring in customers in a way that their regular programming doesn’t. So a, a company may actually be willing to overpay for the NFL, kind of as a way to get people to buy all of your other products. A famous example from early days, uh, is, is Fox, right? So in the old days there were three big networks. So old days, I’m talking, you know, 1970s, there were the three big networks, right? There was A, B, CNB, C, and CBS, and they all competed against one another. And then in the 1980s, this rival network came up and this is Fox. And they wanted to get into all these markets nationwide. Well, how do you make sure that a. A local station decides to pick up the Fox programming. So for example, I grew up in Denver and Denver had a, had a, an independent channel that, you know, played reruns and all sorts of other things, and, and so they have a broadcast license already. Fox goes up to them and says, Hey, would you like to carry our regular programming? And, and that, that channel said, well, I don’t really think so. We’re doing fine showing Gilligan’s Island and Love Boat and things like this, and we don’t need, uh, an entire set of your programming. We’re doing just fine, as as it is. Uh, so Fox couldn’t get a foothold in that Denver market. So what Fox does is they buy rights to the NFL. All of a sudden now they go back and say, Hey, we’ve got all this Fox programming, we’ve got the Simpsons, and we’ve got, I don’t know, uh, you know, uh, you know, these early, these early Fox programming. But, um, they say, but we also have the NFL. You can’t, you can’t turn down the NFL. And then all of a sudden that existing affiliate says, okay, all right, we’ll add the whole line of Fox programming because you’re right, we can’t turn down having the NFL. So what, what basically happens here is the NFL serves as this kind of must stock item. And uh, you know, Fox was willing to overpay for the NFL because now they’re gonna get everyone to be able to buy the Simpsons and everything else they were offering at the same time. Uh, and so media rights have gone much, have gone up much faster. And we see this all over the place, right? How do you get people to buy. Amazon Prime. Well, let’s say that’s the only way you get to watch, uh, football on Thursday nights. How do you get people to buy, you know, apple tv? You offer major league soccer games as part of their package, right? Uh, and so this is how you kinda legitimize yourself as an actual, real, uh, you know, quote real media company is by offering some, uh, live. Live sports. And that gets people who would not otherwise buy Netflix or Amazon Prime or Apple, uh, to actually purchase those because again, they’re offering this secondary item. Then presumably that in turn drives up the value of of the NFL and you know, they’re bringing in a lot more money because they’ve got not just the three major networks bidding on them, but they’ve got all sorts of big companies with deep pockets. Willing to, you know, increase their, their, their revenue is and, and that sort of snowballs. Is that, is that fair? No, and that’s exactly right. And, and for as much as I talk about, you know, that billionaire who wants the an NFL team or an NDA team as a. Prestige asset. Uh, they’re also concerned about having it as an actual functioning asset as well. So I’m willing to pay, you know, a lot more, even if I’m willing to pay a premium. That premium is based on a fundamental value in the first place. And how do you drive that fundamental value? You drive that fundamental value by maximizing the revenue you generate through things like media contracts, and by maximizing. And by minimizing your costs, by making sure that your labor costs aren’t gonna run away with you, uh, because again, hopefully you, uh, most of the leagues have solved kind of their long-term labor, uh, their labor strife between them and the players within each league. There is also some different rules, and specifically, again, being a big NFL fan, I love the fact that the NFL has a salary cap and profit sharing for each team. ’cause it makes for a much more competitive league, basically, you know, for people who don’t know what that means, essentially each team can pay, has a salary cap of how much they can pay players for a given year. But not all of the leagues have that. Uh, I don’t really follow the other ones. I, I’m not sure who has it, who doesn’t, but I know that, like in baseball, I don’t think they have that. And it creates a situation where you’ve got the Dodgers or the Yankees in, in, in the World Series. More often than not, and you know, you’re not getting the smaller teams usually. No. So you’re exactly right. So the NFL has what’s called a, uh, a salary cap, and it’s actually got what’s called a hard cap. So they’re actually quite serious about this, and there are very few exceptions that can be made to go over this cap. Uh, this cap is based on the total amount of revenue that’s being generated by the league. Uh, and again, the cap basically is the way that they make sure that they share. A fair proportion of the money with the players. Uh, what’s also important is they also have a floor. So the, the cap this year is about 225 million, if I remember right, but the floor is about 200 million. So every team in the league basically is spending the same amount on labor this season, which makes for a very even playing field. And we know that some teams are gonna lose and some teams are gonna win. And it seems like the Browns and the, and the jets never win. And it seems like other teams always do. But what’s important about that is it’s not just because they’re in a big city, that they have these gigantic revenue advantages and that they can buy a championship. It really is, you know, who is smartest with their money, who’s smartest with your coaching, who’s lucky with the draft and things like this. And, uh, that makes for a very nice thing here. What’s also super important is the NFL has a gigantic amount of revenue sharing, and the reason for this is every single game you watch on TV is part of a contract that’s being sold by the league, not the team. And because of that, the league is generating all these, all this revenue, and then is equally distributing that money to each of the individual teams. So a, a team playing in little tiny Green Bay is generating exactly the same amount of media revenue as the New York Giants. Or the LA Rams. So that’s really nice. Uh, again, gigantic amounts of, uh, again, even revenue sharing to all the participants. As a matter of fact, of all of the businesses in the United States, the NFL is probably the single most socialist company. In the United States. So this Great American pastime is wildly socialist when it comes to how they distribute their, their income. So what incentivizes a team to be better and to win Then from the ownership standpoint, if there’s revenue sharing, is it just at the, the other sources of income that come, like advertising, things like that. I’m, I’m just curious, like if there’s so much revenue sharing, what is it that drives a team to, you know, try to be better from the ownership standpoint? So first of all is that being bad doesn’t help you, right? This isn’t major league baseball, so we’re gonna go the o. The other extreme, at least for a US sport, is major League baseball. No, uh, salary cap there at all. So you can pay, uh, players as much as you want, although there is what’s called a luxury tax. So as you, as your, uh, salary, your total payroll gets too big, you start getting, uh, uh, paying penalties to the league, which is then redistributed to the poor teams in the league. That being said, you can spend as much as you want. So yeah, the Dodgers, they spent somewhere, uh, by some accounts somewhere around $400 million this year on talent, including, you know, gigantic contracts to folks like Shhe, Tani, right? Um, but there’s also no minimum either. So if you’re a team that decides, hey, we’re not even gonna bother to try to compete this year, uh, you are the. I don’t know to, if I should call them the Oakland A or the Las Vegas a a or the Sacramento A or the Traveling through the desert, sort of a for a while. Um, but, you know, this is a team that made a decision not to compete and had a, had a tiny payroll. Uh, other teams have decided to do this, and the, and the NFL you could decide that you didn’t wanna win. But it wouldn’t save you any money because again, not only is there a salary cap, there’s a salary floor. So if I have to pay $225 million each year anyway, I might as well try to win with that 225 million. Uh, ’cause I don’t have a choice to just collect my paycheck and hire, you know, the Minnesota Gophers for $20 million, uh, for my, for my team this year. ’cause that’s not an option. Right. Um, one of the things I wanted to just kind of, uh, drill down a little bit on is the model of the Green Bay Packers. As you um mentioned, it’s a tiny little town, northern Wisconsin. Uh, not much going on there. I’ve, I’ve been there myself for a game. It is unique in that it is owned, not by billionaires, but it’s owned essentially as by the fans. How, how does that work? And, and I guess the question is like, why, why aren’t other teams modeled that way? So other teams are not modeled that way because the NFL does not want other teams to be modeled that way, nor do any of the other, uh, major leagues out there. Uh, it’s not good for the NFL for a couple reasons. Uh, first of all. They have to open their books. If it’s a public company and they don’t like to open their books, um, you also don’t have a face for that, uh, league in a way that, that a person couldn’t, couldn’t be in there, uh, pouring extra money in as a kind of a, an, an angel investor. Uh, on top of that, uh, you can’t threaten to relocate to another city unless you get taxpayer subsidized. Um, you know, uh, stadiums and things because it’s a publicly owned team and we know that, that those public owners will not ever decide to move that team out. How did they get that status in the first place? That’s an interesting story, and it’s a story that’s not unique to. The Packers, but it is fairly unique to the United States. So, uh, in the rest of the world, this type of ownership model actually is fairly common. Um, teams that your, you know, listeners would’ve heard of, like Barcelona, like Al Madrid, these are club owned teams. Um, there is not an owner there. They are owned by the fans themselves, and they’re in the business of. Trying to stay in business every year while winning as many games as possible. Uh, there is, they’re not trying to win trophies for a, a Steinbrenner or a Mark Cuban. They’re trying to win, uh, trophies for that fan base. That literally, again, the, the season ticket holders are those owners. Um, the NFL itself, you know, was, was a very hard Scrabble league for a long time. It started in 1920, uh, and between 1920 and 1935. Roughly 55 teams played at least one season in the NFL. And of those 55 teams, basically all but about six of them, had gone outta business or relocated at some point in here. Uh, this is why actually we got such a socialist, uh, uh, business model here is because the owners of the big teams, the owners of the bears. Uh, the owners of the Giants, uh, they said, look, you know, this league isn’t gonna work if we can’t actually find someone to play. And yeah, we’re making money here, but we’re not gonna continue making money if we can’t find other teams that are gonna work in this league. So they said, Hey, we are gonna be very generous. We’re gonna make sure that, that we share our revenues with the people, uh, the other people in our league. We would rather have a small piece of a big pie, uh, than a big piece of a pie that is tiny or disappears completely. Uh, so that’s why we ended up with this, uh, revenue sharing. And of course they were very open to any sort of model that kept stable teams around, including a model where rather than some rich owner in, in Green Bay owns that team. Instead, it’s a municipally owned team. As long as that team had stability and conform long-term rivalries and can afford to put forward a product that’s gonna, that’s gonna work on a, you know, on an NFL field to make a competitive product, they were happy to kind of do whatever they needed to do because again, this was a, this was a really tough league to be in. For the first roughly 20 years with, you know, a lot more successes. There’s been a lot of talk, uh, I know about private equity entering the, uh, the NFL. Tell us, give us a little bit of an understanding of that. I mean, obviously, I, I kind of think of these owners in these buying groups as private equity already, so what’s the big deal? Is the point. So in most sports leagues have already allow private equity and already allow ownership groups with multiple owners, uh, to, to own teams. So again, uh, you know, the, the Red Sox, they have multiple owners of, of that team. Uh, again, Celtics, same sort of thing. Um, but in the NFL we have required basically one owner, right? So this is a, a person. That owns the team and is the face of the team and is this controlling majority owner, uh, they’re going to explicitly allow external people unrelated to the ownership group, to own pieces of NFL teams here. Uh, and I think the, the real issue here, uh, has to do with, uh, there are some franchises in the NFL where the owners are asset rich, but cash poor. I’m thinking actually, for example, the Bears. So the bears are still owned by the same group. Who bought the Bears back in 1920 ish. Right? So this, you know, the, the same family, the Halas, uh, have owned this team for a hundred years. Uh, by this point, you know, little pieces of the team have been handed down to all the cousins and the grandkids and the great grandkids and this sort of folks. Uh, so, uh, you know, I think in total there’s something like 86 different owners of the, of the Bears now, but they’re all part of that original ownership group that everyone. You know, has inherited a little, a little share here. Now mind you, you know, one 86th of the, uh, of the bears is like a hundred million dollars. You know, the bears are probably an $8 billion franchise. And so that’s a hundred million dollars of assets that each one of these grandkids has just because, you know, their grandfather made a smart, uh, smart investment a hundred years ago. Um, but it doesn’t mean that they can live the lifestyle of a person with a hundred million dollars. Because they’re not allowed to sell their share to anyone because private equity was never allowed. And the amount of money that that team is actually generating in terms of annual operating profits isn’t super high. So you’ve got a world where you’re wildly rich, but you can’t really do a lot with those riches. So you know, this is a team that would be prime for the idea of, well, let’s sell off 20% of this. 20% of the team is gonna be maybe a couple billion dollars. And, and then we will just share that basically it’s a big Christmas present to each one of these, uh, these kids here. And again, the, the thing here is that’s $2 billion in cash that each of these small minority owners gets rather than, you know, an asset that they can’t actually use. To buy a yacht in Monaco. Right? And so that’s giving these kids, or the, you know, these minority owners an option to basically, uh, you know, get liquidity for their ownership. And, and that’s the big difference, right? And of course the other thing is, is there are lots of wildly rich people who would like to be an owner of a team in a way that you could do that 20 or 30 years ago by being just a, you know, just a multimillionaire or a multi, multi multimillionaire. That was enough. Uh. You know, you can be a billionaire nowadays and not have nearly what it needs to become an owner in one of these big groups. So, uh, you know, if we think about, uh, Arod, right? Arod bought, uh, the Timberwolves, uh, in the NDA, um. But he couldn’t do it alone despite the fact that he was, uh, you know, for 10 years the highest paid athlete in the world, you know, signed the single biggest contract, uh, in the history of professional sports, uh, when he did so. Uh, and even a guy with that sort of money doesn’t have enough money to buy a sports franchise. So, uh, I think the NFL is, you know, looking down the, the road to a, a world where. Someone wants to sell, but there’s not that many folks with $10 billion out there. And so the idea that we were gonna keep a, a world where there’s gonna be one single owner forever, uh, you know that that’s a pretty small pool of people in a world where you’re thinking about selling franchises at $10 billion. But if we allow these to be sold private equity wise. Then people can live their dream of being a sports owner, you know, for a mere couple billion dollars. And of course, that increases the pool of, of potential people by a lot. You know, you, you mentioned, um, during, just a minute ago in, in passing that these teams don’t actually necessarily throw off a lot of cash. They’re not, you know, they’re not super profitable. It’s not like a bunch of money’s being distributed to owners. Uh, can you talk a little bit about that? I, I didn’t know that actually. Sure. So a bunch of these teams in, in fact, in terms of operating revenue, don’t actually generate gigantic amounts of, of money every year. Uh, again, taking an an NFL team, so an NFL team is gonna generate, you know, somewhere around $500 million, maybe six or $700 million a year, but you’re already competing about 250 million of that to, uh, to the players. So half of that revenue coming in automatically is going to the players. If you built yourself a new stadium anytime recently, obviously you could have big payments on that. Uh, there’s other operating expenses associated with that. Um, in, in a world where you’re not the NFL, but you’re a world like, uh, major League baseball, where. You have much more variability in your, in your player costs year to year and more variability in your revenue. Uh, you could easily end up with years where you’ve got negative cash flow or at least negative profits, and, uh, and that means that you need, you need to be able to weather that. And so of course that’s one of the reasons, for example, why the NFL, you know, wouldn’t just take anyone as an owner, you need to be for sure rich enough to, uh, to weather both the ups and the downs. Again, if you borrowed any money to, uh, to purchase the team, uh, that’s obviously a big, uh, big interest payment there as well. So you could easily have teams again, depending how the owner purchased that, that are not kicking out gigantic amounts of cash on a year to year basis. One of the things that I’ve been hearing about, I don’t really know how this would work, is the, is of private equity moving into potentially like college sports. So we’ve seen some changes in, uh, for example, in college football where now these players can legally get paid. So it’s, it’s starting to look more and more like a professional. Uh, professional league. So how would that work if you’ve got private money essentially buying, uh, the sports teams of an individual university? Or maybe I’m not, maybe that’s not exactly what’s happening, but that’s kind of the impression I got. So first of all, that is exactly what could be happening and, and what people are talking about. Uh, I am deeply skeptical that this is a good idea for the institutions involved. Um. So basically it works exactly like any other sort of, uh, sports franchise, right? Uh, basically you would have an owner, uh, you know, let’s call him Mark Cuban, although he’s not, you know, he’s, he’s not talking about doing this. But imagine Mark Cuban decided he wants to buy, uh, Ohio State, right? Uh, so he comes up with a a billion dollars hands over a billion dollars to Ohio State. And now Mark Cuban is the recipient of any revenues being generated by the Ohio State, uh, program here. Um, and so this works like, just like anything else, right? So this is, this is basically, um, a person like bringing money in, in exchange for a piece of the action. Uh, the reason I’m highly skeptical about this because. Uh, remember the name of your university is very, very strongly tied with the name of your athletic program, right? So, you know, the Ohio State University is the name of both the educational program as well as the, uh, you know, the sports teams, right? And so, uh, one of the reasons that that schools have sports teams in the first place. Is as a method of advertising for their other things, right? So they, they use spectator sports to bring in the students to, uh, bring in, uh, actually, you know, public taxpayer money, all sorts of things. Um, and of course if the school controls the money from the, uh, you know, controls the athletic program as well as the academic program, then we can presume that the interests of the athletic program and the academic program are aligned. As soon as you’ve sold off your, your athletic program to an external, uh, you know, an external buyer, then you have every reason to believe that the incentives of that athletic program, the incentives of the. Academic program are no longer aligned in, in a way that is useful. Um, for example, you could have that, that equity person say, you know what? I’m gonna make money no matter what, and I’m just gonna tank all of our programs because I’m gonna generate more revenue by spending less. And that’s what maximizes my profit. But that may very well harm the academic side. And so if you allow, you know, private equity to come in and they have any control. Over that, uh, athletic program, you basically outsourced an extremely important part of your business while still meaning that your business in the athletics is, is importantly tied to the other parts of your business that you haven’t outsourced. And, uh, that makes me deeply concerned for anyone who would consider going down this route. Is, is that likely to happen, do you think? I don’t think anyone who makes predictions about college sport to this point, uh, can, can do that with any certainty at all. It’s fascinating stuff. Um, and one last question I guess for you, which is, you know, we talk about like people who own teams, uh, being, you know, multi-billionaires. Um. Is there any way that fans can still get a stake if they’re just simple millionaires? Is that just not something that’s po un unless you’re live in Green Bay, I guess, is that pretty much non-existent? So it depends what you’re interested in doing, right? So if you’re a mere multimillionaire, uh, you’re not gonna become an NFL owner. You’re not gonna become an NDO owner. Right. Mm-hmm. Um, if you’re very famous and a multimillionaire, you might be able to come into an ownership group because they want you as the face of the organization. Right. Um, one example of this was George W. Bush who came in with a very tiny ownership stake, uh, when, uh, he bought the Texas Rangers and he owned about. 2% of that, that team. But he was the face of that because he was the son of the president. Right. Uh, and, and then when the Rangers did well, uh, you know, he, he made a fortune doing that as well. So, um, the answer is generally no. But as long as your heart isn’t wedded to the NFL or NBA, there are certainly options that you can come into. Right. Um, we have seen. One tier down, uh, buying into things like the WNBA or the, uh, NWSL in women’s soccer or, uh, or women’s basketball. Uh, even that’s become pricey nowadays. These are a hundred million dollar franchises now these days. Or you can take chances with lower level, essentially minor league, uh, soccer in the United States or, uh, elsewhere, uh, in, in the world. And I think you know where we’re going here. So if you’re a merely. Multimillionaire, uh, and you’re a, a famous, uh, movie star or two, you could put your money in and buy a football or soccer team in Wales, uh, called Reim. Right? And of course, that’s exactly what Ryan Reynolds did. And Malaney and, uh, you know, they did not have anywhere close to NFL money despite being famous guys, you know, big movie stars, you know, you know, tens of millions of dollars in, uh, in money. They’re nowhere close to being NFL owner money. Guess what they were wreck some owner money and, uh, they get all the fun and excitement of being an owner without needing to be a billionaire. Interesting. Well, listen, uh, I, I appreciate all your time and, uh, it’s, it’s fun for me personally as a sports fan to see how this stuff works. Um, do you have a site where you write, do you have people curious about this stuff or, or how can they learn more? So how people can learn more is, uh, is there is some fun sports economic stuff out there. Uh, the classic, uh, book in sports economics is of course Moneyball by Michael Lewis, who of course is a great writer about all things finance and, and people who are interested in, in general interest books about, you know, all sorts of things related from to the tech boom to, uh, obviously the financial crisis of the two thousands to. His early days in, in junk bonds in the 1980s. Uh, Michael Lewis is one of the, one of the great writers out there. Um, uh, other fun books by colleagues of mine, uh, omics by Stephan Semanski is, is a fun one. Uh, and, uh, you know, you can catch up, uh, with some, uh, some. Other podcasts that, uh, that follow these sort of things, including Freakonomics has often things on sports that are, that are fun as well. Uh, unfortunately if you wanna, you know, hear from me, it’s all textbook stuff and then I’ll have to give you a grade. And so probably that. Uh, but again, it, it’s a great time to be a fan of sports and of economics ’cause there’s just so much good stuff out there. Thanks so much for being on the program today. Again, my pleasure. You make a lot of money, but are still worried about retirement. Maybe you didn’t start earning until your thirties. Now you’re trying to catch up. Meanwhile, you’ve got a mortgage, a private school to pay for, and you feel like you’re getting further and further behind. Now, good news, if you need to catch up on retirement, check out a program put out by some of the oldest and most prestigious life insurance companies in the world. It’s called Wealth Accelerator, and it can help you amplify your returns quickly, protect your money from creditors, and provide financial protection to your family if something happens. Steve, the concepts here are used by some of the wealthiest families in the world, and there’s no reason why they can’t be used by you. Check it out for yourself by going to wealth formula banking.com. Welcome back to the show everyone. Hope you enjoyed it. And, uh, once again, uh, I wanna just wish you a happy Thanksgiving and, uh, thank you for, you know, being a listener of this show. And one more thing, just a reminder, uh, we are heading into sort of the last month or so. Of, uh, investment possibilities in the investor club. Wealth formula.com is where you go to join that group. And if you’re looking for a last minute tax mitigation type investment, make sure you sign up as soon as possible. Uh, that’s it for this week on Wealth Formula Podcast. Happy Thanksgiving. This is Buck Jre signing off. If you wanna learn more, you can now get free access to our in-depth personal finance course featuring industry leaders like Tom Wheel Wright and Ken McElroy. Visit wealthformularoadmap.com.