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In the first hour of Sports Open Line, Matt Pauley assesses the trade market across Major League Baseball, where pitchers have been dealt, but hitters have not. Ahead of a great weekend of NFL football, Patrick Daugherty of NBC Sports joins us to discuss the playoff landscape. Then, Blues/Cardinals talk with Scott Warmann of FanDuel Sports Network Midwest. In the second hour of the show, Matt talks on the issues surrounding college football commitments, and then plays audio from Blues Head Coach Jim Montgomery. We wrap up the week with Patrick Mahomes' interview with Carrington Harrison, courtesy of 96.5 The Fan in Kansas City.
In the first hour of Sports Open Line, Matt Pauley assesses the trade market across Major League Baseball, where pitchers have been dealt, but hitters have not. Ahead of a great weekend of NFL football, Patrick Daugherty of NBC Sports joins us to discuss the playoff landscape. Then, Blues/Cardinals talk with Scott Warmann of FanDuel Sports Network Midwest.
Ben & Woods open the 9am hour with The Reindl Report and a few of Paulie's top stories of the day, including some drama surrounding NBA star Giannis Antetokounmpo the last few days. Then we get to this week's NFL Threesome segment before the guys get back to some baseball talk, and discuss a pretty radical new rule that could be coming to Major League Baseball in the next few seasons? Listen here
Maddie Lee of the Chicago Sun Times joins Lance Brozdowski to discuss if the Cubs will add pitching through trades or free agency, if the offense will regress in 2026, and how active next week's MLB Winter Meetings in Orlando, Fla., will be.
Guests: Gord Ash, VP Baseball Projects, Milwaukee Brewers; Jee-ho Yoo, Yonhap News Agency This week in Deep Left Field, we get you set for Major League Baseball's annual swap meet and free-agent signing session, the winter meetings, by giving you a look from the inside. Canadian Baseball Hall of Famer Gord Ash joins us to talk about what the meetings are like from a general manager's perspective. Ash was the Blue Jays' GM from 1995-2001 after working under Pat Gillick for six seasons. We also take you across the world to South Korea, where the Jays dove into the international market and pulled out right-hander Cody Ponce, who had a record-setting season with the Hanwha Eagles of the KBO, winning the pitching triple crown while establishing new league marks in ERA and strikeouts. Jee-ho Yoo, who spent his university days in Toronto, joins us from the far east to tell us what he saw from Ponce this season and what Jays fans can expect. And, as always, we open up the mailbag at deepleftfield@thestar.ca
David Surdam is a historical economist and professor at the University of Northern Iowa who studies how organizations adapt under extreme economic pressure. In this Tugboat Institute® Summit 2025 talk, he shares the story of Major League Baseball during the Great Depression, when team owners faced one of the most challenging economic periods in American history. Their adaptation strategies not only helped them survive, but even thrive, offering timely lessons on resilience, ingenuity, and the enduring power of cultural institutions during difficult times. Listen and be inspired to consider how your own organization might adapt in the face of a major economic downturn.
Ben & Woods open the 9am hour with The Reindl Report and a few of Paulie's top stories of the day, including a racoon who broke into a liquor store and had a little too much to drink? Then the guys react to some news in Major League Baseball that our beloved Katie Woo of The Athletic is leaving her job as beat writer for the Cardinals so that she can cover.... the Los Angeles dodgers. And at the bottom of the hour, Ben asks if anyone actually cares about National Signing Day, which is today? Listen here!
Ah, the risk and rewards and crazy retail price of Major League Baseball free agency begins with the Baltimore Orioles signing a closer and making noise about "being in on" more pitching. Luke Jones and Nestor discuss Ryan Helsley and the price of heroes at the Winter Meetings for a last place team with a lot of prospects in question. The post Luke Jones and Nestor discuss Ryan Helsley as Orioles closer and Winter Meetings pitching needs first appeared on Baltimore Positive WNST.
Hosts Joe Maddon and Tom Verducci explore players available in free agency and some of the early signings we've seen. Tom notes reliever Devin Williams leaving the Yankees to sign with the Mets. The MLB Hall of Fame's 2026 Contemporary Baseball Era ballot features 8 players. Which three would Joe choose for the Hall? Plus, Joe gives his thoughts on the Rays hiring Brandon Hyde. The Book of Joe Podcast is a production of iHeart Radio. For more info on Joe's event in Tampa, Fl. please check out: Joe Maddon's Thanksmas #fsr See omnystudio.com/listener for privacy information.
Ben & Woods open the 7am hour with some more thoughts on Mason Miller potentially becoming a starting pitcher in 2026, and what the reliever market looks like in Major League Baseball. Then we get to "Don't (And DO) Do This" before the guys switch gears and talk a little football and how it just wasn't a great week in the NFL. Listen here!
Sports with Rod 12-2-2025 …Jaxson Dart better learn how to slide …Dickie V is finally getting to call a NCAA Tournament Game …Jason Kelce thinks Major League Baseball Sucks …Skeletor Tuesday
Hosts Joe Maddon and Tom Verducci explore players available in free agency and some of the early signings we've seen. Tom notes reliever Devin Williams leaving the Yankees to sign with the Mets. The MLB Hall of Fame's 2026 Contemporary Baseball Era ballot features 8 players. Which three would Joe choose for the Hall? Plus, Joe gives his thoughts on the Rays hiring Brandon Hyde. The Book of Joe Podcast is a production of iHeart Radio. For more info on Joe's event in Tampa, Fl. please check out: Joe Maddon's Thanksmas #fsr See omnystudio.com/listener for privacy information.
In this episode of Bourbon Lens, Jake and Scott sit down with Field of Dreams Whiskey Co-founders Andy Keller and Drew Storen, former Major League Baseball pitcher, to talk about how their shared passion for the game and great whiskey turned into one of the most unique whiskey projects in America. The conversation dives into the origin story of Field of Dreams Whiskey, Drew's journey through the Major Leagues, and what life looks like after baseball. Andy and Drew share how the spirit of teamwork, community, and nostalgia behind Field of Dreams continues to inspire their approach to whiskey making. Listeners will also get an inside look at Field of Dreams Small Batch Bourbon and their newest release, Field of Dreams 2025 All-Star Whiskey — a truly historic blend. This one-of-a-kind whiskey brings together: 30 distilleries in one bottle, the largest blend in whiskey history Field of Dreams Bourbon plus a whiskey component from every major league market Expert blending by Murphy Quint of Cedar Ridge Distillery A mix of bourbon, rye, single malt, wheat, and Canadian whiskeys Average age of 7 years, with barrels aged 1–25 years 108 Proof (54.0% ABV) and limited to 10,000 bottles nationwide Whether you're a baseball fan, whiskey lover, or both, this episode tells an inspiring story about passion, creativity, and collaboration.
Ben joins us today to enjoy some interesting craft beers from Taiwan. We talk about eating fast, the time Ben peed on a dog (accidentally), college sports in America, "farm teams", and we answer a listener question about Major League Baseball.Free Bird English: Teacher Talk (Socials)X: @FBEteachertalkInstagram55freebird.com (Abe's Website: Lessons, Events, & Goods) FBE Teacher Talk YouTube ChannelGoGoエイブ会話 Podcast (Apple)GoGoエイブ会話 Podcast (Spotify)GoGoプロジェクト#EnglishLearning #EnglishPodcast #LearnEnglish #ESL #EFL #EnglishListeningPractice #EnglishForBeginners #SlowEnglish #英語学習 #StudyEnglish #PodcastForESL
You can't talk about Nolan Ryan without talking about the moments he flirted with Baseball Immortality. In a career that lasted 27 seasons, he threw a record seven no-hitters, three more than the number two on the list, Sandy Koufax. He also threw twelve one-hitters, sharing that record with Bob Feller.Today, we turn back the clock to 1970, as Nolan Ryan returns to Major League Baseball after a stint in the National Guard. The “Miracle Mets” of 1969 have a World Series under their belt, and their young fire-throwing rookie is on the bump, facing the wily legend of Jim Bunning, to bring that momentum into the seventies.You never know when your name is going to be written into the history books; you never know why, you just play the game as best you can. Will this be a memorable day for Nolan Ryan? For Jim Bunning? Or the Phillies' opening batter, Denny Doyle?Bob Murphy, Ralph Kiner, and Lindsey Nelson are on Mets Radio to take you through the game. And if you want a bit of broadcast trivia, Ralph Kiner's future broadcast partner Tim McCarver is in the Phillies line-up.You can find the boxscore here https://www.baseball-reference.com/boxes/NYN/NYN197004180.shtmlThis game was played on April 18, 1970.
Rick Tittle covers everything from EPL Soccer to Major League Baseball, but be sure to note Ricky T is an unapologetic and die-hard A's and Raiders fan. For real Bay Area sports talk, as well as entertainment, Titillating Sports is a must listen. Jon Heder, of Napoleon Dynamite fame, joins Rick to talk about his new film "Tapawingo".
pWotD Episode 3134: Survivor Series: WarGames (2025) Welcome to popular Wiki of the Day, spotlighting Wikipedia's most visited pages, giving you a peek into what the world is curious about today.With 420,997 views on Sunday, 30 November 2025 our article of the day is Survivor Series: WarGames (2025).The 2025 Survivor Series: WarGames, also promoted as Survivor Series: WarGames San Diego, was a professional wrestling pay-per-view (PPV) and livestreaming event produced by WWE. It was the 39th annual Survivor Series and took place on Saturday, November 29, 2025, at Petco Park in San Diego, California, held for wrestlers from the promotion's Raw and SmackDown brand divisions. This was the fourth annual Survivor Series based around the WarGames match, a team-based steel cage match where the roofless cage surrounds two rings placed side by side.This was the first Survivor Series to take place in an outdoor venue, the first to take place in a stadium, the first to be held in a Major League Baseball venue, and the second to be held in the U. S. state of California, after the 2018 event in Los Angeles. It featured the first WarGames match to take place inside a stadium since July 1988, which was held by the former World Championship Wrestling (WCW). This was also the first Survivor Series to broadcast on Netflix internationally and on ESPN's direct-to-consumer streaming service in the United States. The event also featured John Cena's last appearance at both Survivor Series and on PPV as an in-ring performer due to his retirement from professional wrestling at the end of 2025.Four matches were contested at the event, including two WarGames matches. In the main event, which was a men's WarGames match, The Vision (Bron Breakker and Bronson Reed), Logan Paul, Drew McIntyre, and Brock Lesnar defeated CM Punk, Cody Rhodes, The Usos (Jey Uso and Jimmy Uso), and Roman Reigns, while in the women's WarGames match, which was the opening bout, AJ Lee, Alexa Bliss, Charlotte Flair, Iyo Sky, and Rhea Ripley defeated Becky Lynch, Lash Legend, Nia Jax, and The Kabuki Warriors (Asuka and Kairi Sane). In other matches contested on the card, Dominik Mysterio defeated John Cena to win the WWE Intercontinental Championship, and Stephanie Vaquer defeated Nikki Bella to retain the Women's World Championship. The event also featured the returns of Liv Morgan and Austin Theory following their respective injury hiatuses.This recording reflects the Wikipedia text as of 05:13 UTC on Monday, 1 December 2025.For the full current version of the article, see Survivor Series: WarGames (2025) on Wikipedia.This podcast uses content from Wikipedia under the Creative Commons Attribution-ShareAlike License.Visit our archives at wikioftheday.com and subscribe to stay updated on new episodes.Follow us on Mastodon at @wikioftheday@masto.ai.Also check out Curmudgeon's Corner, a current events podcast.Until next time, I'm standard Aditi.
The 2025 Major League Baseball season was one of the most memorable in recent history. From the Los Angeles Dodgers becoming the first repeat champions since the New York Yankees' '90s dynasty to the incredible run that brought the Toronto Blue Jays to their first World Series since 1993, it's time to look back at the unforgettable moments from the season that was.On this episode of Baseball Bar-B-Cast, Jake Mintz and Jordan Shusterman revisit the year in baseball with their annual time capsule episode. Starting with the Opening Series in Japan—which featured Shohei Ohtani getting a little help on a home run, Vladimir Guerrero Jr. receiving a contract extension and Juan Soto's reception upon his return to the Bronx—the guys collect mementos from these moments so future generations can remember them.Later, Jake and Jordan discuss the first-ever swing-off to decide the All-Star Game in Atlanta, the extremely rainy Speedway Classic, Jacob Misiorowski pulling an extremely rare Charizard Pokémon card and the first-ever American Pope being a Chicago White Sox fan. This year's time capsule does not disappoint!1:40 – What is the time capsule?5:28 – Opening Series in Japan19:11 – Baseball Pope36:30 – Rafael Devers traded42:26 – Cal Raleigh's Home Run Derby53:12 – Speedway Classic1:08:43 – Mets complete collapse1:11:48 – 2025 Postseason1:23:09 – Ernie's couch1:31:59 – Yamamoto's Game 7 Subscribe to Baseball Bar-B-Cast on your favorite podcast app:
"An unscrupulous ambitious newcomer hit-man who has spent all their life in the colorful future ends up in 1977, and must play in Major League Baseball." How does this time travel happen? Is the hit-man the one in jail? And who's infected in 1977? Well, our guest Korri Hero is here to help us figure it out! Find them online @korrihero, including on YouTube!And our links!Patreon: https://www.patreon.com/somebodywritethisFacebook: https://facebook.com/somebodywritethisTwitter: https://twitter.com/writethispodInstagram: https://www.instagram.com/writethispod/YouTube: https://www.youtube.com/@SomebodyWriteThis
Alex Cohen joins Lance Brozdowski as they recap the Phil Maton signing, debate whether Dylan Cease or Michael King make sense for the Cubs, and consider what right field could look like in 2026.
A Thanksgiving edition of Phillies Today. Francisco Rojas starts the show with the report that the Phils have checked in on Ketel Marte, and whether or not they should trade for him. Also, he gives five things he's thankful for as a Phillies fan. Lastly, what Dylan Cease signing a big deal with the Toronto Blue Jays could mean for Ranger Suarez.
Matt Adams stops by the studio to talk it over with us. We talk to Matt about living in STL, his coaching experience in his post-playing career, and his perspective on Mike Shildt leaving San Diego. Matt also talks about the mindset and fire that is needed for Major League Baseball and what it was like hitting the walk off in the 2014 NLDS and a World Series with Washington in 2019. Finally, Matt takes two-part questions from the audience. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This episode of the Arista Wealth Management Podcast, host Paul L. Moffat is joined by former Major League Baseball pitcher and Medicare specialist Taylor Cole for a practical and easy-to-understand conversation on navigating Medicare. Whether you are turning sixty-five, already enrolled, or helping a family member through the process, this episode breaks down what Medicare covers, how the different parts work, and the choices that matter most when evaluating your options.Paul and Taylor explain how Parts A, B, D, Medicare Advantage, and Medicare supplement plans fit together, what costs to expect, and how recent rule changes affect retirees. They also discuss common misconceptions, including why Medicare is not completely free and when penalties can apply. With clear guidance on plan design, out-of-pocket costs, drug coverage, and doctor networks, listeners will walk away with the confidence to make informed healthcare decisions in retirement.In this episode: ● What Medicare Parts A and B cover, how enrollment works, and what it costs ● The differences between Medicare Advantage and Medicare supplement plans ● How drug coverage and the new out-of-pocket caps function ● When a zero-premium plan makes sense and when a supplement plan may be the better fit ● How networks, referrals, and access to specialists vary by plan type ● Why plan selection should be based on both medical and financial needs ● When underwriting applies and why timing your decision mattersIf you have any questions, call the Arista Wealth Management office located in Las Vegas, NV at 702-309-9970Connect with Arista Wealth:Website: https://www.aristawealth.comEmail: support@aristawealth.comThe opinions expressed in this podcast are for general purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. It is not intended to provide tax or legal advice. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital: please seek advice from a licensed professional.Arista Wealth Management is a registered investment adviser. Advisory services are only offered to clients or prospective clients where our firm and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Arista Wealth Management unless a client service agreement is in place.
Gov. Josh Green discusses military leases, the Trump administration's challenge to the Green Fee; Kurt Suzuki takes over as manager of the Los Angeles Angels, making him the first person from Hawaiʻi to manage a Major League Baseball team
Rick Tittle covers everything from EPL Soccer to Major League Baseball, but be sure to note Ricky T is an unapologetic and die-hard A's and Raiders fan. For real Bay Area sports talk, as well as entertainment, Titillating Sports is a must listen.
Hosts Joe Maddon and Tom Verducci update their weekend of College Football describing their gameday experiences as Joe attended the Lehigh/Lafayette game and Tom saw Nebraska/Penn State. Back to baseball, Tom notes the moves by the Rockies by retaining Warren Schaeffer while hiring Paul DePodesta as the new President of Baseball Ops. We focus on the Mets trading Brandon Nimmo and Hal Steinbrenner saying it would be 'ideal' for the Yankees to lower their payroll. Baseball is about a year away from negotiating a new CBA, how will it affect the game? The Book of Joe Podcast is a production of iHeart Radio. #fsrSee omnystudio.com/listener for privacy information.
Ben & Woods start the 8am hour by asking Paulie about his rollercoaster of a day yesterday with he and his wife looking to rescue a new dog. Then we play a game of Take On Woods before the guys react to a surprising trade in Major League Baseball with the Red Sox acquiring veteran pitcher Sonny Gray from the Cardinals? Listen here!
After leaving Major League Baseball behind, our guest brought his elite coaching expertise to transform the roofing industry. Join us as we explore how a relentless focus on predictability propelled him to success. Sponsored by DensDeck® Roof Boards
Episode 214 of The Hitstreak, a podcast where we talk about anything and everything! This week we are joined by the Director of Marketing for the Nashville Stars, Will General!Episode in a Glance:In this episode of The Hitstreak, I sit down with Will General, the Director of Marketing for the Nashville Stars, discussing the future of Major League Baseball in Nashville. We explore the rich history of baseball in the city, the importance of community engagement, and the efforts to build a brand that honors the legacy of the Negro Leagues. Will shares insights on marketing strategies, the design of a multi-use venue, and the significance of local ownership and celebrity endorsements. Our conversation emphasizes the excitement surrounding the Nashville Stars and the collective effort to bring Major League Baseball to the city.Key Points:- The Nashville Stars aim to honor the legacy of the Negro Leagues. -Community engagement is crucial for building a fan base.- The demand for Major League Baseball in Nashville is strong.- Marketing plays a vital role in the success of sports teams.- A multi-use venue will enhance the fan experience.- Local ownership is key to the Nashville Stars' identity.- Youth engagement is essential for the future of baseball.- The Nashville Stars are committed to being a community-driven team.About our guest: Will General is the Director of Marketing for the Nashville Stars, where he leads brand growth, fan engagement, and market visibility in the organization's pursuit of Major League Baseball. He brings experience from national brands such as Red Bull and Molson Coors, where he managed national brand activations, athlete partnerships, and grassroots campaigns that connected sports, culture, and community. With the Stars, Will has overseen merchandise launches with New Era that sold out in all 50 states and several international markets, helping establish the Stars as both a baseball and lifestyle brand. He has also driven the organization's digital growth to more than 100,000 followers through creative storytelling and interactive content. Will collaborates on partnerships with corporate sponsors, community leaders, and the Negro Leagues Baseball Museum to ensure the brand honors history while inspiring future fans. His focus on innovation and community connection continues to position the Nashville Stars as one of the most exciting sports and entertainment initiatives in the country.Follow and contact:Instagram: @nashvillestarsstarsbaseball.com**Once the goal of 2.5 million members is met, 1,000 limited-edition T-shirts and the unreleased song will be sent, along with the first 1,000 full dental care awards!**Subscribe to Nick's top-rated podcast The Hitstreak on Youtube: https://www.youtube.com/NickHiterFollow and Rate us on Spotify: https://spotify.com/NickHiterFollow and Rate us on Apple Podcast: https://podcasts.apple.com/NickHiterFollow and Rate us on iHeartRadio: https://www.iheart.com/NickHiter
Hosts Joe Maddon and Tom Verducci update their weekend of College Football describing their gameday experiences as Joe attended the Lehigh/Lafayette game and Tom saw Nebraska/Penn State. Back to baseball, Tom notes the moves by the Rockies by retaining Warren Schaeffer while hiring Paul DePodesta as the new President of Baseball Ops. We focus on the Mets trading Brandon Nimmo and Hal Steinbrenner saying it would be 'ideal' for the Yankees to lower their payroll. Baseball is about a year away from negotiating a new CBA, how will it affect the game? The Book of Joe Podcast is a production of iHeart Radio. #fsrSee omnystudio.com/listener for privacy information.
This week, Skyler and Evan discuss the first moves made by new Colorado Rockies president of baseball operations Paul DePodesta, including his first trade in 20 years as Braiden Ward ships up to Boston in exchange for left-handed reliever Brennan Bernardino. We also say our goodbyes to Ward, Ryan Rolison, and Michael Toglia as they depart the Rockies organization. It's also Major League Baseball's non-tender deadline, and the Rockies chose to tender contracts to all of their remaining arbitration eligible players. What does this mean for DePodesta and the Rockies moving forward? Learn more about your ad choices. Visit megaphone.fm/adchoices
Send us a textDr. Matt Fontaine is a lifelong athlete with over 24 years of experience as a sports chiropractor. His private practice in integrative physical medicine focuses on an accurate diagnosis, rapid recovery, and peak performance. He has served as a sports chiropractor in Major League Baseball and with the ART Ironman Triathlon Medical team. He completed his residency at the Texas Back Institute and has spent the last decade-plus serving a patient community that includes men and women of the U.S. armed forces, veterans, and other governmental agencies. In this episode, Dr. Fontaine discusses the common missteps patients make regarding musculoskeletal issues, often leading them to primary care providers lacking the necessary expertise. He emphasized the need for better communication and collaboration among healthcare providers. The conversation also touches on systemic issues within traditional insurance models, highlighting the importance of integrative practices that prioritize patient needs and improve outcomes.The discussion further explores the significance of preventative care in athletics and the advancements in regenerative medicine, such as platelet-rich plasma and stem cell therapies. For more on Dr. Fontaine: Book: "ONLY ONE BODY: Your Owner's Manual for Optimal Health and Peak Performance for Life" Website: https://drmattfontaine.com/Sponsored by BluApple: https://thebluapple.com?sca_ref=8837292.HZGjjNgCncCode: Brandi15
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.
Episode 565 of the Sports Media Podcast with Richard Deitsch features a roundtable discussion with Jon Lewis of Sports Media Watch and Austin Karp of Sports Business Journal. In this podcast we discuss Major League Baseball's new three-year media rights agreements with ESPN, NBCUniversal and Netflix; what we think of the deal; the return of NBC to regularly airing MLB games on its broadcast network for the first time in 26 years; the partnership with Netflix and whether Netflix can make the Home Run Derby bigger; ESPN getting the rights to sell and distribute MLB.TV, the league's out of market streaming service and a 30-game package exclusively on ESPN's linear networks; whether Sunday Night Baseball can become a franchise; will this help Peacock, and more. You can subscribe to this podcast on Apple Podcasts, Spotify, and more. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
More Post-Dispatch podcasts. Please consider subscribing. Welcome to the great plains. When next Major League Baseball hosts a World Series it will have been a decade since any of thw 10 teams from the Midwest divisions have reached the Fall Classic. They've rarely had a club get as far as the championship series, and the National League Central hasn't won a game in the best-of-seven NLCS since 2018. Oh, and coming out of the pandemic the small-market teams that dot the NL and American League Central divisions have been rocked by revenue turbulence. All while the games star free agents gather at the coasts. With that as the background, Cincinnati Enquirer baseball writer Gordon Wittenmyer suggested to Post-Dispatch baseball writer and BPIB host Derrick Goold that they poll as many executives as possible at the General Manager Meetings to ask: Which team in the NL Central is most likely to be the next team to win a World Series? The answers were revealing -- not just for the task, but also for what executives view as the most likely traits a team needs to win. The "most resources," came up often as the big-city Cubs received the most votes. Here is the Post-Dispatch story that came from the poll. And here is the podcast that expands upon the poll to discuss the factors that got the divisions here, how one or more can escape the bind, and whether Major League Baseball is just going to keep soaring above fly-over country until the economic structure of the game changes. The two baseball writers dissect how the Pirates could augment a talented team with a different payroll formula, how the Brewers may lose their edge, how the Cardinals made regain theirs, how the Reds could make a push to the top, how the Cubs could financially squash the competition, and why they don't. In the end, one of the writers makes his prediction for the NL Central team that will next win a World Series title. It's a team that just doesn't exist yet. In its 13th season as one of the first and most widely heard podcasts on baseball and the Cardinals, the Best Podcast in Baseball has reached a new season-high with 30 episodes. Each episode is sponsored weekly by Closets by Design of St. Louis, is a production of the St. Louis Post-Dispatch, StlToday.com, and lead baseball writer Derrick Goold.
Every MLB offseason there seems to be a new Japanese baseball sensation set to take Major League Baseball by storm. With the arrivals of Roki Sasaki and Yoshinobu Yamamoto, teams are hoping to find similar superstars across the globe to help bolster their chances of bringing home a championship.On this episode of Baseball Bar-B-Cast, Jake Mintz and Jordan Shusterman are joined by Japanese baseball expert Yuri Karasawa as they discuss Munetaka Murakami, Tatsuya Imai and Kazuma Okamoto all being posted this offseason. Will their games translate to MLB and which players could end up where? These questions and more are answered in this must-listen conversation.Later, Jake and Jordan talk about the four qualifying offers that were accepted this week and why some of them were a bit questionable, including Trent Grisham returning to the Yankees and Shota Imanaga going back to the Chicago Cubs. The guys then close out the episode by making their weekly picks for The Good, The Bad & The Uggla.5:36 – Yuri Karasawa joins the show12:29 – Munetaka Murakami breakdown25:57 – Get to know Kazuma Okamoto34:50 – What to expect from Tatsuya Imai45:20 – Yoshinobu Yamamoto's heroics55:19 – Around the League: QO surprises1:21:43 – The Good, The Bad & The Uggla Subscribe to Baseball Bar-B-Cast on your favorite podcast app:
In this episode of Wake Up, Look Up, Pastor Zach asks a question that hits deeper than sports headlines: Has gambling ruined sports? After reading a recent feature in The Atlantic about the growing gambling crisis in Major League Baseball, Pastor Zach reflects on the shocking federal indictment involving Cleveland Guardians pitchers accused of manipulating pitches for prop bets — despite already earning millions.Have an article you'd like Pastor Zach to discuss? Email us at wakeup@ccchapel.com!
Today's word of the day is ‘shrinking' as in MLB as in ESPN as in NBC as in Netflix as in FOX as in TBS. What are we talking about? A new media rights deal was announced on Wednesday that will see Major League Baseball games on new networks. Where will each game be? Where can I watch what? Is this a good deal? (27:00) We have an update on the WNBA negotiations. More money. More revenue sharing. But still no deal. (35:15) Review: Midnight Run. (39:00) NPPOD. (43:00) Mark Cuban is back in the Mavericks inner circle. Wow. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Today's word of the day is ‘shrinking' as in MLB as in ESPN as in NBC as in Netflix as in FOX as in TBS. What are we talking about? A new media rights deal was announced on Wednesday that will see Major League Baseball games on new networks. Where will each game be? Where can I watch what? Is this a good deal? (27:00) We have an update on the WNBA negotiations. More money. More revenue sharing. But still no deal. (35:15) Review: Midnight Run. (39:00) NPPOD. (43:00) Mark Cuban is back in the Mavericks inner circle. Wow. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Should TikTok ban AI content? Also, what is the best Thanksgiving side? We talk about Major League Baseball's new TV deal, Nate Bargatze wanting to actually open an amusement park, and lots more!
Ben, Woods, and Paul are here for you on a Thursday morning! We start the show with a little foreplay and with the holidays approaching, it's time to start shopping, gentlemen! Then we set the menu for today's show before we give some more thoughts on the new media agreement between ESPN and Major League Baseball, and what it means here in San Diego for Padres fans. Listen here!
In this episode, President and Senior Financial Planner Paul L. Moffat sits down with Major League Baseball pitcher Taylor Cole for a conversation that goes far beyond the field. They discuss the 2025 World Series between the Los Angeles Dodgers and Toronto Blue Jays, the mental toughness it takes to play at the highest level, and the leadership lessons that apply to both sports and investing.Taylor shares behind-the-scenes stories from his time in the big leagues, including his experience with legends like Albert Pujols and Shohei Ohtani, and the emotional no-hitter thrown by the Angels in honor of teammate Tyler Skaggs. From discipline and preparation to humility and resilience, this episode explores the mindset that drives success in any arena—athletics, business, or life.In this episode: ● Insights from the 2025 World Series and what separates great teams from good ones ● Lessons from playing with MLB icons Albert Pujols and Shohei Ohtani ● The inspiring story behind the Angels' combined no-hitter honoring Tyler Skaggs ● How professional athletes manage setbacks and maintain focus under pressure ● Parallels between baseball, investing, and long-term performance ● Why consistency, humility, and preparation are key to achieving lasting successIf you have any questions, call the Arista Wealth Management office located in Las Vegas, NV at 702-309-9970Connect with Arista Wealth:Website: https://www.aristawealth.comEmail: support@aristawealth.comThe opinions expressed in this podcast are for general purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. It is not intended to provide tax or legal advice. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital: please seek advice from a licensed professional.Arista Wealth Management is a registered investment adviser. Advisory services are only offered to clients or prospective clients where our firm and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Arista Wealth Management unless a client service agreement is in place.
Patrick Mooney of The Athletic joins Lance Brozdowski to chat about how Shota Imanaga accepting his qualifying contract offer affects the Cubs' offseason spending, potential pitching additions, payroll targets, offensive upgrades and more.
A new week means new questions! Hope you have fun with these!Which 3 countries are set to host the 2026 FIFA World Cup?The Brittany peninsula is located in which country?What is the only rock that floats?The 1997 comedy Austin Powers has what subtitle?What type of creature is the highest-ranking creature in the Chinese animal hierarchy?Which 11-season American series was based on the comic book series of the same name by Robert Kirkman, Tony Moore, and Charlie Adlard?In what part of the body would you find basal ganglia?Prose stories and histories composed in Iceland about people who possibly existed in history are known by what 4-letter term?"Obey Your Thirst" is the slogan for which soft drink?What avian Major League Baseball team was first known as the Milwaukee Brewers?Which set of three positive integers give the same result whether you add them all or multiply them all together?In physics, what is the term for the production and behaviour of materials at very low temperatures?What was Disney's first Broadway musical?MusicHot Swing, Fast Talkin, Bass Walker, Dances and Dames, Ambush by Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 http://creativecommons.org/licenses/by/3.0/Don't forget to follow us on social media:Patreon – patreon.com/quizbang – Please consider supporting us on Patreon. Check out our fun extras for patrons and help us keep this podcast going. We appreciate any level of support!Website – quizbangpod.com Check out our website, it will have all the links for social media that you need and while you're there, why not go to the contact us page and submit a question!Facebook – @quizbangpodcast – we post episode links and silly lego pictures to go with our trivia questions. Enjoy the silly picture and give your best guess, we will respond to your answer the next day to give everyone a chance to guess.Instagram – Quiz Quiz Bang Bang (quizquizbangbang), we post silly lego pictures to go with our trivia questions. Enjoy the silly picture and give your best guess, we will respond to your answer the next day to give everyone a chance to guess.Twitter – @quizbangpod We want to start a fun community for our fellow trivia lovers. If you hear/think of a fun or challenging trivia question, post it to our twitter feed and we will repost it so everyone can take a stab it. Come for the trivia – stay for the trivia.Ko-Fi – ko-fi.com/quizbangpod – Keep that sweet caffeine running through our body with a Ko-Fi, power us through a late night of fact checking and editing!
Ben & Woods open the 9am hour with The Reindl Report and a couple of Paulie's top stories, including Giants rookie Cam Skattebo taking some criticism for participating in a WWE show on Monday night while he's recovering from season-ending ankle surgery. Then we discuss some updates coming to how Major League Baseball will operate in 2026 for streaming, and our boss Adam comes in and thinks he can eat a turkey & stuffing flavored Oreo with no issues... Listen here!
Ben & Woods kick off the 7am hour by talking about some moves made around Major League Baseball, but they are interrupted and react on the spot to the news from the Padres that former Cy Young winner Randy Jones passed away yesterday at the age of 75. The guys cry and share some of the many stories involving Randy, and we try to navigate through a tough morning for Padres fans everywhere. Listen here
Hosts Joe Maddon and Tom Verducci discuss the Nationals naming 33 year old Blake Butera as their new manager! Joe reflects on his days as an early manager and the process of getting started. We dive into the differences between Aaron Judge and Cal Raleigh and how Judge ultimately won the AL MVP. What are some of the coming offseason moves we should expect to see? Plus, Tom notes the death of one of Joe's former players. The Book of Joe Podcast is a production of iHeart Radio. #fsrSee omnystudio.com/listener for privacy information.
Eight Senate Democrats break ranks to join Republicans in advancing a deal to end the government shutdown, sparking fury within their own party. President Trump issues symbolic federal pardons for 77 so-called “alternate electors” from the 2020 election, drawing outrage from Democrats and legal analysts who say the move has no effect on ongoing state cases. President Trump reportedly threatens to sue the BBC for $1 billion over a documentary that misrepresented his January 6th remarks. Two star Major League Baseball pitchers are indicted for allegedly conspiring with gamblers to rig pitches and profit from insider betting. Walmart: Learn how Walmart is fueling the future of U.S. manufacturing at https://Walmart.com/America-at-work Herald Group: Learn more at https://GuardYourCard.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Bomani Jones kicks off the show by reacting to the New York Giants firing Brian Daboll. He discusses why they had to make the move to save rookie Quarterback Jaxson Dart and asks if the Giants have become the New York Jets. Next, he discusses the recent gambling scandals in Major League Baseball and why both the league and Sportsbooks are responsible for this situation. Finally, he reacts to Brian Kelly filing suit against LSU, the Eagles beating the Packers on Monday Night Football, and the Mavericks moving on from Nico Harrison. Taping Note...shortly after we finished recording, we got word that Nico was getting fired, not MIGHT get fired. 00:30 - Brian Daboll gets fired 13:15 - MLB's ABSURD gambling scandal 30:00 - Brian Kelly SUES LSU 39:50 - Mavericks FIRE Nico Harrison Learn more about your ad choices. Visit megaphone.fm/adchoices
Hosts Alex Kirshner, Lindsay Gibbs, and Ben Lindbergh are joined by Knicks superfan and X-Ray Vision host Jason Concepcion for a discussion on Zohran Mamdani's Knicks fandom and the team's presence in the mayoral race. The panel turns to yet another major betting scandal – this time in Major League Baseball. Later, journalist Nathan Fenno joins to explain the wave of high-profile burglaries targeting professional athletes. On the bonus episode available exclusively for Slate Plus members, the panel talks about Project B and the future for women's basketball around the world. Brunson for Mayor (4:27): The Knicks and New York politics Guardians players indicted for gambling (23:27): Baseball stars face charges for prop bets. Sports burglaries (45:52): The rash of robberies targeting pro athletes (Note: time codes are only accurate for Slate Plus members, who listen ad-free.) Get more Hang Up and Listen with Slate Plus! Join for weekly bonus episodes of Hang Up and Listen and ad-free listening on all your favorite Slate podcasts. Subscribe from the Hang Up and Listen show page on Apple Podcasts or Spotify, or visit slate.com/hangupplus for access wherever you listen. You can email us at hangup@slate.com. Podcast production and editing by Kevin Bendis, with production assistance from Patrick Fort. Learn more about your ad choices. Visit megaphone.fm/adchoices