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Ghislaine Maxwell's defense strategy tried to lean heavily on wealth and influence to cast doubt on the prosecution's case. Her lawyers attempted to present her as a scapegoat — someone prosecutors went after only because Jeffrey Epstein was dead and couldn't stand trial. With substantial financial resources behind her, the defense worked to undermine survivor testimony, arguing the accusers were motivated by civil lawsuit payouts and media attention rather than truth. They suggested memories were unreliable, distorted by time, trauma, and the lure of compensation, pushing the narrative that these women were being manipulated by money and high-profile lawyers.At the same time, the defense sought to manipulate perception by portraying Maxwell as fragile, targeted, and unfairly villainized. They tried to distance her from Epstein's abuse despite years of association, framing her as an innocent socialite ensnared in his orbit rather than an active accomplice. They also attempted to weaponize procedural moves — delays, motions, sharp attacks on credibility — to chip away at the prosecution's case. But the jury ultimately saw through these tactics, recognizing that money and manipulation were not mere elements of the defense — they had been central components of Maxwell's crimes in the first place.to contact me:bobbycapucci@protonmail.com
Behind Fallout's apocalyptic sci-fi and retro nostalgia is a masterclass in sound design. In this episode, we explore how the audio teams behind both the video games and the TV series built Fallout's signature sonic identity, from Pip Boy clicks to weapon blasts to mutant roars. Along the way, we uncover how the show's creators honored the classic game sounds while reimagining them for a bigger, more cinematic experience. Featuring Mark Lampert, Sue Cahill, Daniel Colman, Steve Bucino, and Keith Rogers. Subscribe on YouTube to see our video series. If you know what this week's mystery sound is, tell us at mystery.20k.org. Support the show and get ad-free episodes at 20k.org/plus. Follow Dallas on Instagram, TikTok, Threads, & LinkedIn. Join our community on Reddit and follow us on Facebook. Visit curiositystream.com/20k for 50% off the best documentary streaming service. Explore incredible speakers, soundbars and more at sonos.com. Sign up for a one-dollar-per-month trial of Shopify at shopify.com/20k. Claim your $75 sponsored job credit at indeed.com/hertz. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of The Prestige-ish Media Podcast - Craig Lake, Dan McNair and Shauna Schoenborn give their INSTANT REACTION to the new HBO Max series IT: Welcome to Derry Season One Episode Six - In the Name of the FatherIn this episode we discuss Ronnie, masks, Air Force cokes, eye patches, and more.Bonus talk:IT, A Wrinkle in Time, and Stranger Things Season 5 overlap 42:20Please continue to join us for our ongoing Prestige-ish Media Podcast coverage of the HBO Max show IT: Welcome to Derry. Also join us for our current coverage of Stranger Things Season 5 on Netflix. Finally join us for our coverage of Fallout Season 2 on Amazon Prime Video coming later in December.Please check out our website at http://prestigeish.com, follow our podcasts on all your favorite podcast platforms, and leave us positive reviews if you enjoy our show. X @prestige_ish Instagram @prestigeishmedia X/Instagram @realrealbatman @danmcnair1017 @neverboredhousewife http://prestigeish.com
In this episode of The Prestige-ish Media Podcast - Craig Lake and Dan McNair give their INSTANT REACTION to the Netflix show Stranger Things Season 5 Episode 3 / Chapter Three: The Turnbow TrapIn this episode we discuss beef jerky, funny Uncle Vecna, worm holes, sucking fat ones, Ghosts ‘n Goblins, mommy's little helper and more.Please continue to join us for our ongoing Prestige-ish Media Podcast coverage of Stranger Things Season 5 on Netflix. Also join us for our current coverage of It: Welcome to Derry on HBO Max. Finally, join us for Fallout Season 2 on Amazon Prime Video coming later this December.Please check out our website at http://prestigeish.com, follow our podcasts on all your favorite podcast platforms, and leave us positive reviews if you enjoy our show. X @prestige_ish Instagram @prestigeishmedia X/Instagram @realrealbatman @danmcnair1017 http://prestigeish.com
Unser Shopify-Experte Vincent ist zurück und analysiert das altbewährte Prestige Theme von Maestrooo. Seit Jahren zählt Prestige mit seinem eleganten, minimalistischen Look zu den beliebtesten Themes. Doch für welche Branchen und Shops eignet es sich besonders? Und kann es mit den neuesten Entwicklungen mithalten?Außerdem: Wie schafft es das Theme trotz “nur” 28 Abschnitten eine solide & flexible Basis für Shopify-Shops zu bieten? Was sind die Stärken von Prestige und wo stößt es an seine Grenzen? Du erhältst einen ehrlichen Einblick in unsere Praxiserfahrungen mit Prestige – inkl. Optionen für die verschiedenen Shopbereiche (Navigation, Kategorie- & Produktseite, Warenkorb), Code-Check & Individualisierbarkeit.Sponsored by fabrikatlör: https://www.fabrikator.io/demo?utm_source=Tante-e&utm_medium=Shownotes&utm_campaign=253
Ghislaine Maxwell's defense strategy tried to lean heavily on wealth and influence to cast doubt on the prosecution's case. Her lawyers attempted to present her as a scapegoat — someone prosecutors went after only because Jeffrey Epstein was dead and couldn't stand trial. With substantial financial resources behind her, the defense worked to undermine survivor testimony, arguing the accusers were motivated by civil lawsuit payouts and media attention rather than truth. They suggested memories were unreliable, distorted by time, trauma, and the lure of compensation, pushing the narrative that these women were being manipulated by money and high-profile lawyers.At the same time, the defense sought to manipulate perception by portraying Maxwell as fragile, targeted, and unfairly villainized. They tried to distance her from Epstein's abuse despite years of association, framing her as an innocent socialite ensnared in his orbit rather than an active accomplice. They also attempted to weaponize procedural moves — delays, motions, sharp attacks on credibility — to chip away at the prosecution's case. But the jury ultimately saw through these tactics, recognizing that money and manipulation were not mere elements of the defense — they had been central components of Maxwell's crimes in the first place.to contact me:bobbycapucci@protonmail.comBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.
Tohle je zkrácená verze (97min), celý díl (117min) si můžeš poslechnout bez reklam, dřív a odemknout tím i spousty dalších dílů přímo na Spotify jen za stovku/měsíc. https://podcasters.spotify.com/pod/show/brainweare/subscribeDnes je to speciál nejen o reality show Zrádci! Dnes se totiž bavíme o emocích, vědomí a pravidlech sociálních her, které nám ve skutečnosti prozrazují víc o lidech a jejich uvažování, než kdo je zrádce a kdo ne.Rozebíráme, jak funguje konfirmační bias, authority bias, prestige bias a iluze transparentnosti - a proč se v psycho-hrách typu „Zrádci“ dějí stejné mentální zkratky jako v běžném životě: instalujeme filtry, hledáme důkazy, uzavíráme příběhy a zapomínáme, že smysl i pravda leží v integraci, ne v uzavření se do vlasntího příběhu.Tahle epizoda je o lidském prediktivním stroji, který chce mít ve všem jasno - i když žádné jasno není. O vztahu mozku a srdce, o entropii v sociálním prostoru a o tom, že:„Potřeba uzavřít příběh je někdy silnější než touha najít pravdu.“
Buy 3D printed aquarium accessories from my Etsy store: https://reefdork.etsy.com/The below links have an affiliate code - so if you make a purchase, I get a small commission at no extra cost to you. Thank you! The best algae scraper in the world - https://amzn.to/3lRCOVbThe best RO/DI filter for most people - https://amzn.to/46RXGRqBest test kits for every parameter:Salinity - https://amzn.to/3tkVovyAlkalinity - https://amzn.to/3Xk7LmZCalcium - https://amzn.to/48ubKlLMagnesium - https://amzn.to/3rnLYPDPhosphate - https://amzn.to/3PQ2OxNNitrate - https://amzn.to/3wWfL1M
Miguel Ángel González Suárez te presenta el Informativo de Primera Hora en 'El Remate', el programa matinal de La Diez Capital Radio que arranca tu día con: Las noticias más relevantes de Canarias, España y el mundo, analizadas con rigor y claridad. Miguel Ángel González Suárez te presenta el Informativo de Primera Hora en 'El Remate', el programa matinal de La Diez Capital Radio que arranca tu día con: Las noticias más relevantes de Canarias, España y el mundo, analizadas con rigor y claridad. Hoy se cumplen 1.388 días del cruel ataque e invasión de Rusia a Ucrania. 3 años y 278 días. Hoy es lunes 1 diciembre de 2025. Día Mundial de la Lucha contra el SIDA. El 1 de diciembre se celebra el Día Mundial de la Lucha contra el SIDA. Fue el primer día dedicado a la salud en todo el mundo, y la razón de elegir esa fecha concreta fue por razones de impacto mediático, al ser el primer día del mes de diciembre. En este día, se hacen muchos actos de concienciación; muchas personas salen a la calle con un lazo rojo, símbolo de la lucha contra el Síndrome de Inmunodeficiencia Humana (SIDA, por sus siglas en inglés); grupos de personas se movilizan para recaudar fondos para la investigación y para dar su apoyo y solidaridad a las personas con SIDA. Origen del Día Mundial del SIDA. La primera vez que se celebró el Día Mundial de la Lucha contra el SIDA fue en 1988 y desde esa fecha, el virus ha matado a más de 25 millones de personas en todo el mundo, lo que supone una de las epidemias más destructivas de la Historia. 1899: En Barcelona se realiza la primera carrera de automóviles de España. 1919: En Londres (Reino Unido), Lady Astor se convierte en la primera mujer miembro del Parlamento al tomar asiento en la Cámara de los Comunes. (Había sido elegida el 28 de noviembre). 1941: En Japón (en el marco de la Segunda Guerra Mundial), el emperador Hirohito da su aprobación final para declarar la guerra contra Estados Unidos. Tal día como hoy, 1 de diciembre de 1955 Rosa Parks inicia un boicot a los autobuses en Montgomery, Alabama, cuando se niega a renunciar a su asiento de un autobús para dejar espacio para un pasajero blanco. Dirigido por Martin Luther King, Jr., el boicot duró más de un año y resultó el fin de la segregación de los autobuses. Esto a menudo se considera como el evento que inició el Movimiento de Derechos Civiles en todo el país. 1981: Se registra oficialmente el primer caso de sida, en cuyo recuerdo en 1988 la OMS establecerá esta fecha como el Día Mundial de la Lucha contra el Sida. Años más tarde, el 1 de diciembre de 1987 el rey Juan Carlos inauguró al norte de Madrid una planta de microchips de 220 millones. Se espera que la fábrica produzca 20 millones de microchips para 1991 y cuenta con 300 técnicos. 1990: A 40 metros bajo el lecho del Canal de la Mancha (entre Inglaterra y Francia), se encuentran los trabajadores que construyen el Eurotúnel. 2002: En Santiago de Compostela (España) se manifiestan 200.000 personas, convocadas por la organización Nunca Máis, para exigir dignidad y dimisiones por la incompetencia del gobierno gallego y español ante la crisis del barco petrolero Prestige. Santos Eloy, Próculo, Evasio, Rogato, Natalia y Lucio. Una de las mayores terminales petrolíferas de Rusia suspende sus operaciones tras el ataque de un dron ucraniano. Netanyahu pide al presidente israelí el indulto por corrupción. El presidente polaco Nawrocki cancela la reunión con Orbán tras la visita del primer ministro húngaro a Moscú. Feijóo, ante miles de personas en la protesta de Madrid: "El sanchismo está en la cárcel y debe salir del Gobierno" Feijóo aclara a Junts y al PNV que quiere ganar en las urnas y "no a través de ninguna moción" de censura. Peste porcina africana: qué es, cómo avanza y a qué municipios afectan las restricciones. Sanidad recomienda el uso de mascarillas en hospitales y centros de salud frente al repunte de gripe Llegando a valorar su obligatoriedad de la mascarilla en centros sanitarios ante un incremento de la incidencia, además de recordar la importancia de la vacunación. La nueva variante de la gripe dispara los contagios en España. El Gobierno activa el plan de emergencia por contaminación marina en la costa de Canarias. Se mantiene activada la Situación de Alerta del PLATECA para la costa del municipio de Telde. El monte submarino al sur de El Hierro con uno de los mayores depósitos de telurio: la disputa entre Marruecos y España por el tesoro del Atlántico. Investigaciones difundidas por universidades británicas estiman que podría albergar unas 2.600 toneladas de telurio, lo que supondría cerca del 5 % de las reservas mundiales conocidas. Los pensionistas canarios cobrarán 32,39 euros más al mes el próximo año. La revalorización será del 2,7% y elevará en 527,52 euros los ingresos de los jubilados del Archipiélago. El alcalde de Santa Brígida, José Armengol, ha cesado de sus competencias al concejal del Partido Popular Javier Ramírez a raíz de que se llevara del almacén municipal cables de cobre y aluminio que vendió por 780 euros, según ha anunciado este sábado el Ayuntamiento de dicho municipio de Gran Canaria. La ruta canaria se cobra la vida de cinco personas: el trágico balance de un fin de semana con más de 500 migrantes. Cuatro de las muertos, con edades entre los 15 y los 35 años, iban a bordo de una embarcación con 121 ocupantes, que se quedó sin comida, agua y combustible a unos 30 kilómetros al sur de El Hierro. La otra persona, iba en el cayuco que llegó a La Restinga en la madrugada del sábado. MANNY MANUEL nació el 1 de diciembre de 1972 NACE EN OROCOVIS, PUERTO RICO, EL INTÉRPRETE DE SALSA Y MERENGUE MANNY MANUEL, BAJO EL NOMBRE DE CRUZ MANUEL HERNANDEZ SANTIAGO.
In this episode of The Prestige-ish Media Podcast - Craig Lake and Dan McNair give their INSTANT REACTION to the Netflix show Stranger Things Season 5 Episode 2 / Chapter Two : The Vanishing of Holly Wheeler.In this episode we discuss hot coffee, flux capacitors, stubborn punks, Hopper lies, mandalas, and more.Please continue to join us for our ongoing Prestige-ish Media Podcast coverage of Stranger Things Season 5 on Netflix. Also join us for our current coverage of It: Welcome to Derry on HBO Max and Fallout Season 2 on Amazon Prime Video coming in December.Please check out our website at http://prestigeish.com, follow our podcasts on all your favorite podcast platforms, and leave us positive reviews if you enjoy our show. X @prestige_ish Instagram @prestigeishmedia X/Instagram @realrealbatman @danmcnair1017 http://prestigeish.com
ASRI Report: South Africa's G20 Moment Navigating | Global Prestige and Domestic Strains by Radio Islam
Instead of a news roundup, we are releasing the second episode of our new miniseries Chinese Prestige. Annual subscribers already have access, while everyone else can get the 8 episodes for $5 for two weeks only. This conversation examines China's early post-Korean War period and the political and social campaigns that defined the new PRC. The group discusses land reform, the Three-anti and Five-anti campaigns, Soviet-style economic planning centered on heavy industry, and the technocratic overhaul of higher education. They also explore China's deteriorating relationship with the United States, shifting ties with the Soviet Union after Stalin's death, early signs of the Sino-Soviet split, and Mao's tightening control. Theme music by Jake Aron, based on the song “The East is Red.”
00:00 Intro00:57 Hong Kong Fire Death Toll Hits 83, Hundreds Missing03:49 Pentagon: Alibaba Shares U.S. Data w/ Chinese Army04:26 Alibaba's AI Tools Pose Threat to U.S. Nat'l Security06:17 Alibaba Closely Linked to Chinese Military07:20 Any Chinese Company Could Threaten U.S. Safety08:40 China's Data Advantage: Why It's Dangerous10:06 How China Uses AI to Pinpoint America's Weak Spots12:30 How Chinese Technology Establishes Long-Term Control14:42 Copley: CCP Has ‘Reached the Terminal Stage'16:35 China at a Breaking Point: History Repeats?20:59 Prestige vs. Force: Why Credibility Matters
In this episode of The Prestige-ish Media Podcast - Craig Lake and Dan McNair give their INSTANT REACTION to the Netflix show Stranger Things Season 5 Episode 1 / Chapter One: The CrawlIn this episode we discuss Heroic Holly, Rockin' Robin, Vecna, A Wrinkle in Time, product placement, burns, crawls, and more.Bonus talk:1:00:55 Junksgiving Wrap-up, Wicked, and Zootopia 2 Please continue to join us for our ongoing Prestige-ish Media Podcast coverage of Stranger Things Season 5 on Netflix. Also join us for our current coverage of It: Welcome to Derry on HBO Max and Fallout Season 2 on Amazon Prime Video coming in December.Please check out our website at http://prestigeish.com, follow our podcasts on all your favorite podcast platforms, and leave us positive reviews if you enjoy our show. X @prestige_ish Instagram @prestigeishmedia X/Instagram @realrealbatman @danmcnair1017 http://prestigeish.com
Jo and Rob are back for Episode 5 of Apple TV's ‘Pluribus.' (00:00) Intro (06:40) Listener emails (15:01) We start in the hospital… (18:50) Evacuating from the hospital (23:36) The different sides of Carol (26:02) The high budget's limitations (28:39) The wolves and grief (36:57) The return to Sprouts (44:33) Sports corner Email us! prestigetv@spotify.com or lickingthedonut@gmail.com Subscribe to the Ringer TV YouTube channel here for full episodes of The Prestige TV Podcast and so much more! Hosts: Joanna Robinson and Rob Mahoney Producer: Ashleigh Smith Additional Production Support: Justin Sayles Learn more about your ad choices. Visit podcastchoices.com/adchoices
In lieu of a typical Tuesday episode this week, we are releasing the first episode of our new miniseries Chinese Prestige. Annual subscribers already have access, while everyone else can get the 8 episodes for a whopping $5 for two weeks only. Enjoy! In this first episode of Chinese Prestige, Yidi, Danny, and Derek trace the origins of the Chinese Communist Party from the May Fourth Movement to the civil war with the Nationalists. They explore the party's strategic shift from cities to the countryside, the role of land reform and mass mobilization, the impact of the Japanese invasion and World War II, and the rise of Mao Zedong. The episode follows the party through its victory in 1949, the founding of the People's Republic of China, early state-building, and China's entry into the Korean War. The group concludes in 1953 with the launch of the first five-year plan and its push for rapid industrial development. Theme music by Jake Aron, based on the song “The East is Red.”
In this episode, Chad and Robert talk about the difference between true discipleship and spiritual consumerism. They challenge cultural norms of, unpack why obedience is the real mark of maturity, and explore how the early church changed the world by simply applying what little they knew.Subscribe to receive our latest videos!Website: https://www.sunvalleycc.com/Facebook: https://www.facebook.com/sunvalleycc/Instagram: https://www.instagram.com/sunvalleycc/Tiktok: https://www.tiktok.com/@sunvalleyccTo support Sun Valley and help us continue to reach people all around the world click here: https://www.sunvalleycc.com/givingGod loves you no matter who you are, what you've done, or what's been done to you. This is the vision of Sun Valley Community Church, led by Pastor Chad Moore and based in Gilbert, AZ with multiple locations throughout the Phoenix valley.Chapters:01:17 Spiritualizing Selfishness in Church04:05 The Church Is for Bringing the Kingdom to Earth04:49 Connection Isn't About Church Size05:20 Power, Prestige, and Preference in Church08:36 Discipleship = Your Next Step of Obedience09:56 Information Alone Doesn't Change Lives11:26 Doing What Jesus Says12:40 Don't Just Agree13:36 Real Christianity Is Missional15:32 Serving Is a Way of Life16:16 How Do You Know If You Love Jesus?17:18 Obedience Over Theology Degrees18:23 How the Early Church Changed the World20:37 How to Respond When Culture Presses In21:44 Americanized Faith Isn't the Goal22:29 We're Being Discipled by Algorithms23:24 Teaching People to Think with the Mind of Christ 24:39 Representing Jesus Means Offending Everyone24:58 The Way of Jesus Is Giving, Serving, Dying to Self25:43 Final Challenge: What's Your Next Step?
Will Storr talks about his book The Status Game with EconTalk host Russ Roberts, exploring how our deep need for respect and recognition shapes our behavior. The conversation delves into how we constantly judge others and compare ourselves to them, the pain of losing status, and the freedom of escaping judgment. Storr and Roberts discuss how status drives everything from workplace hierarchies to social media, and how aging can shift the games we choose to play. They also examine tribalism, moral outrage, and politics through the lens of status, suggesting that much of what we call morality or justice reflects our desire for recognition.
Welcome to We Are Marvel! Season 6 is our What If...? adjacent season. This week Justin and Jeremy talk about The Prestige! Hope you enjoy the show! Let us know your thoughts on this or any of our episodes! Thank you all so much for listening! We appreciate each and every one of you!Don't forget to check out https://newsly.me/ and use promo code MARVELTo reach us visit:Website: https://wearemarvelpod.comFacebook Page: https://www.facebook.com/wearemarvelpod/Twitter: https://twitter.com/wearemarvelpodInstagram: https://instagram.com/wearemarvelpodEmail Us: wearemarvelpod@gmail.comFacebook Group: Join The We Are Marvel Facebook GroupCheck out our Tee Public Store: http://tee.pub/lic/wearemarvelpod
In this episode of The Prestige-ish Media Podcast - Craig Lake, Dan McNair and Shauna Schoenborn give their INSTANT REACTION to the new HBO Max series It: Welcome to Derry Season One Episode Five - 29 Neibolt StreetIn this episode we discuss 10 year olds watching It, that pervert Steven King, 13 pillars, Halloran's box, prostitutes, no cops, and more.Bonus talk:Stranger Things Final Preview and Death Pool 55:32 Junkgiving Explainer 1:08:26Please continue to join us for our ongoing Prestige-ish Media Podcast coverage of the HBO Max show - It: Welcome to Derry. Coming this week join us for our coverage of Stranger Things Season 5 on Netflix. And coming soon in December Fallout Season 2 on Amazon Prime Video.Please check out our website at http://prestigeish.com, follow our podcasts on all your favorite podcast platforms, and leave us positive reviews if you enjoy our show. X @prestige_ish Instagram @prestigeishmedia X/Instagram @realrealbatman @danmcnair1017 @neverboredhousewife http://prestigeish.com Stranger Things Season 5
Last week brought more shakeups in the auto finance industry as lender Flagship Credit Acceptance announced it was finalizing a sale of the company to an investment firm, while Prestige Financial Services stopped originations. Chadds Ford, Pa.-based Flagship announced on Nov. 21 that it had entered into an agreement to sell the business to New York-based InterVest and would be rebranded to Flagship Financial Group, according to a company release. Once the transaction is closed, Jim Landy will become chief executive. Prestige Financial Services also informed dealerships that it was stopping originations as of Nov. 20, according to an email obtained by Auto Finance News. Draper, Utah-based Prestige will continue to service its loans and fund contracts received before Nov. 20, according to the email. Prestige also reportedly laid off an undisclosed number of employees this month, AFN reported. Meanwhile, Tricolor representatives were no-shows at the Section 341 Meeting of Creditors on Nov. 18, which was attended by 150 people. The lack of representation was unusual and raised questions about why no one appeared on Tricolor's behalf. In other news, AFN is pleased to recognize 10 auto finance executives to watch in 2026. These leaders have produced noticeable results in their respective organizations in 2025 and are heading transformative strategies into next year. Listen as Auto Finance News Editor Amanda Harris, Senior Associate Editor Truth Headlam and Associate Editor Aidan Bush unpack the past week's auto finance.
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.
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Send us a textWant to land a consulting role in Europe? This episode breaks down the 2025 recruiting landscape across a region where language, prestige, and pay vary widely.We cover:How language requirements differ across marketsWhy school pedigree still matters in EuropeCompensation ranges across major cities and firmsKey timelines, assessments, and cultural expectationsFor the full playbook, download Management Consulted's 2025 Europe Consulting Recruitment Roadmap – free. It includes office-by-office guidance, salary insights, and strategies to help you land an offer anywhere from Paris to Frankfurt to Amsterdam.Additional Resources:Join Black Belt for coaching, CV edits, and case prep tailored to Europe's recruiting processFollow along on YouTubePartner Links:Learn more about NordStellar's Threat Exposure Management Program; unlock 20% off with code BLACKFRIDAY20 until Dec. 10, 2025Connect With Management Consulted Schedule free 15min consultation with the MC Team. Watch the video version of the podcast on YouTube! Follow us on LinkedIn, Instagram, and TikTok for the latest updates and industry insights! Join an upcoming live event - case interviews demos, expert panels, and more. Email us (team@managementconsulted.com) with questions or feedback.
Send us a textA brand-new episode of The Horrific Podcast is here, and this week we're sitting down with one of the most recognizable, unforgettable faces in modern horror — Ezra Buzzington! You've seen him in Dorothea, Monster, The Hills Have Eyes (2006), Fight Club, Justified, Crossing Jordan, Criminal Minds, Feast, The Prestige, The Artist, and countless indie horror projects. He's a character actor with a cult following and a career full of wild stories. Ghost Executioners and Halloween Gory Nights Merchandise! https://www.teepublic.com/user/thehorrificnetwork?utm_source=designer&utm_medium=social&utm_campaign=horrificnetwork Follow All Things Horrific Network Here https://linktr.ee/thehorrificnetwork
Jo is joined by screenwriter and producer Mike Makowsky to talk about his latest Netflix project, ‘Death by Lightning.' They talk about “history spoilers,” choices made for the finale, the accuracy of the project, and much more! (00:00) Introduction (01:18) Choices for the series (06:36) Adapting the book (09:54) The accuracies versus inaccuracies of the series (18:29) The actors' portrayals of historical figures (31:46) The brain in the jar Email us! prestigetv@spotify.com or lickingthedonut@gmail.com Subscribe to the Ringer TV YouTube channel here for full episodes of The Prestige TV Podcast and so much more! Host: Joanna Robinson Guest: Mike Makowsky Producer: Ashleigh Smith Additional Production Support: Justin Sayles Learn more about your ad choices. Visit podcastchoices.com/adchoices
In this episode of The Prestige-ish Media Podcast - Craig Lake, Dan McNair and Shauna Schoenborn give their INSTANT REACTION to the new HBO Max series It: Welcome to Derry Season One Episode Four - The Great Swirling Apparatus of Our Planet's FunctionIn this episode we discuss tatas, parasights - (
OpTic Gaming Merch: https://shop.opticgaming.com/Check out the OpTic SCUF collection and use code “OpTic” for a discount: https://scuf.co/OpTicCheck out the OpTic Podcast here: https://podcasts.apple.com/us/podcast/optic-podcast/id1542810047https://open.spotify.com/show/25iPKftrl0akOZKqS0wHQGUncensored Stories from The Race to Prestige | The Flycast Ep. 16900:00 - Intro02:46 - Hitch's Busy Month05:40 - MaNiaC's Elden Ring DLC Marathon08:02 - We're Dreading The Race...08:30 - Hitch Got His CPAP11:15 - The Race to Prestige 202514:50 - Senator Mesmer???15:35 - Back to The Race18:02 - Dude....19:58 - Day Zero21:28 - Elden Ring Again24:06 - Come Say Hi!25:07 - We're Nothing Without Matt25:29 - Could OpTic Survive Without Scump?27:20 - Boze Joins The Race30:01 - Finishing The Race33:58 - Halo 3 Throwback Tourney Recap44:41 - Call of Duty NEEDS Its Own MCC46:20 - James Fires Back47:06 - MaNiaC Gets the Last Word47:22 - Future iicons Halo Events54:58 - Shout Out to the Halo Community56:00 - The Biggest Halo Tournament EVER59:19 - Thumbs Down for Matt59:52 - Message for the Real Viewers
2/2 Anatol Lieven details UK Prime Minister Starmer's genuine political troubles concerning domestic policy drift and significant potential losses in upcoming regional elections. Starmer maintains prestige supporting Ukraine, though funding remains a question. A back channel to Moscow has been opened by Jonathan Powell to discuss peace, dropping the prior insistence on a ceasefire, indicating a shift in London. Guest: Anatol Lieven. 2/2
Aus dem Ausland schaut man oft ein bisschen neidisch auf ein Schweizer Erfolgsmodell: die Berufslehre. Etwa zwei Drittel der Jugendlichen entscheiden sich für eine Lehre. Gleichzeitig hört man immer öfter, die Gen Z habe nicht mehr die gleiche Arbeitsmoral. Nicht zuletzt, weil es in vielen Branchen am Nachwuchs fehlt.Was bewegt junge Menschen dazu, einen bestimmten Beruf zu wählen? Wie wichtig ist das Prestige eines Berufs heute noch? Und wie verändert KI die Berufswahl?Chris Winteler, Redaktorin im Ressort Reportagen & Storytelling, hat drei junge Berufsleute getroffen, die die Klischees einer faulen Generation widerlegen. Junge Berufsleute, die an den Berufsschweizermeisterschaften zu den besten ihres Fachs gehören. Was sie antreibt, erzählt Chris Winteler in einer neuen Folge des täglichen Podcasts «Apropos».Host: Alexandra AreggerProduzentin: Jacqueline WechslerHier geht's zum Porträt von Chris Winteler zum NachlesenMehr zum ThemaSwiss Skills: Sie bringen drei Medaillen nach WinterthurDiese Zürcherinnen und Zürcher holten an den Swiss Skills eine Medaille Unser Tagi-Spezialangebot für Podcast-Hörer:innen: tagiabo.chHabt ihr Feedback, Ideen oder Kritik zu «Apropos»? Schreibt uns an podcasts@tamedia.ch Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
This Week your hosts Hall of Fame ref JHawk, JGold & Charly Butters discuss Jgolds dinner, who will have a cardiac event first, making sloppy steaks, Butters doing Whatnot for Monsters in the Toybox for the first time. JGold is going to the PWJunkie show this weekend and as a special game this week the boys use the PWI Women's 250 to draft 10 talents each that will be put into a tournament to crown a winner! Then they review the West Coast Pro/ Prestige show "Strength Beyond Strength" and so much more!
As a former lawyer, business expert, and founder of Mpowered Families, Ann Sheu has gone through her own journey of achieving society's definition of success only to realize it wasn't her own. She uses her unique background to help high-achieving leaders move past the "hustle culture" and design a career and a life that is deeply rooted in personal alignment. In this episode of Career Unicorns - Spark Your Joy, we tackle the pressure to prioritize prestige and money over happiness. Key Career Strategies You'll Learn: How to Pivot: The steps to take when you realize the hustle culture you've been chasing is leading you to live someone else's definition of success. The Value Test: A practical framework for defining your "no matter what values" to instantly guide your biggest career and life decisions. Silence the Critics: Strategies for managing the pressure from professional networks who don't understand why you would leave a "prestigious" career for happiness. Build Your Aligned Life: How to move past external expectations and successfully design a life and career that "feels good" and honors who you truly are. Conflict Resolution: How to navigate friction when your professional and personal values clash, and gain the clarity needed for intentional decision-making. The Power of No: How to gain the confidence and strategies needed to say "no" to opportunities and responsibilities that don't align with your values. Two-Parent Balance: Essential insights into addressing parental responsibilities and career goals in two-parent working households, focusing on equitable solutions. Connect with us: Learn more about our guest, Ann Sheu at https://www.mpoweredjourney.com/ and on LinkedIn at https://www.linkedin.com/in/anncsheu/. Follow our host, Samorn Selim, on LinkedIn at https://www.linkedin.com/in/samornselim/. Get a copy of Samorn's book, Career Unicorns™ 90-Day 5-Minute Gratitude Journal: An Easy & Proven Way To Cultivate Mindfulness, Beat Burnout & Find Career Joy, at https://tinyurl.com/49xdxrz8. Ready for a career change? Schedule a free 30-minute build your dream career consult by sending a message at www.careerunicorns.com.
Benno and JP on another Wednesday Spotlight talk the announcement of Okada vs Tanahashi for WrestleKingdom, Nakamura and Naito rumours, and more drama between AEW and WWE, plus the Nixon Newell and Miranda Alize story, Ridge Holland's confusing statements and the other big news stories of the week.They also talk the state of Eddie Kingson, the US indies, Pro Wrestling Eve, Chris Jericho, NOAH and Rev Pro, as well as a bizarre Jey Uso and Chelsea story, Michael Owen and Hulk Hogan, CM Punk's hair and a Linkin Park Lucha show.SHOWNOTES0:00 Intro, Plugs26:01 WrestleKingdom, Okada vs Tanahashi, Nakamura, Naito rumours48:03 Nixon Newell, Mirana Alize, Ridge Holland1:02:11 Deadlock, Prestige, state of the US Indies, EVE1:22:39 AEW Cardiff, Manchester sales, Eddie Kingson, Full Gear1:33:19 Chris Jericho, TNA Bound for Glory1:41:22 WWE, Raw, CM Punk, Dom vs John1:57:42 NOAH, Rev Pro, And Finally2:14:25 5 to 1 TIERLIST PREVIEWGRAPPL Spotlight is produced with support from our Patrons and YouTube members, with special thanks to Patreon Kings and Queen Of The Mountain - Conor O'Loughlin, Eddie Sideburns, Chris Platt, Carl Gac, Sophia Hitchcock, Simon Mulvaney & Marty Ellis!You can find all of our live shows on YouTube by becoming a Member at http://www.Youtube.com/@GRAPPL, or join us on Patreon for both live video and audio replays at http://www.patreon.com/GRAPPL!You can also join us on the GRAPPL Discord for free athttps://discord.gg/KqeVAcwctS Hosted on Acast. See acast.com/privacy for more information.
This week on Car Stories, Bea sits down with the brilliant curation team behind the Petersen's latest exhibit — Aston Martin: Performance & Prestige — a celebration of over a century of craftsmanship, innovation, and speed.From silver screen legends to Le Mans victories, the team shares how they brought Aston Martin's story to life — diving into the art of curation, the emotional journey they want visitors to experience, and the brand's unmistakable blend of design, culture, and motorsport heritage.#AstonMartin, #CarStories, #PetersenMuseum, #PerformanceAndPrestige, #DesignExcellence, #BritishIcons, #CarCulture, #MotorsportHeritage, #LuxuryAndSpeed, #AutomotiveArt
November is Nol-vember here on @wedrinkandwewatchthings and we're kicking off the month by pulling apart the cinematic mechanism that is Christopher Nolan's 2006 masterpiece of deception, "The Prestige." Grab your favorite drink...maybe our featured Danton's Obsession cocktail? Because this movie is as dark, rich, and endlessly complex as the rivalry it depicts. Get ready to dive into the world of Angier and Borden, where dedication to the craft becomes a blood-soaked obsession.This week, we are dissecting every stage of the illusion: The Pledge, The Turn, and most importantly, The Prestige. We'll be talking about the breathtaking performances by Christian Bale and Hugh Jackman, the incredible mood created by the Victorian setting, and the film's central, terrifying question: What are you willing to sacrifice for greatness? We also touch on the genius of David Bowie as Nikola Tesla, the unforgettable—and deeply unsettling—role of technology, and which magician, in our opinion, paid the heavier price for their art.If you love puzzle-box narratives, cinematic sleight-of-hand, and dark psychological thrillers, this is the episode for you. Join us as we try to discover the secrets hidden within the secrets, mixing our usual casual commentary with a deep appreciation for a film that proves sometimes, the most horrifying magic trick is the one you play on yourself. Now, let the rivalry begin!This episode VIDEO is live on YouTube AND Spotify!Follow us on Instagram and TikTok to get ep sneak peaks and find out what's coming next. DM us what you want to hear about next or email us at wedrinkandwewatchthingspod@gmail.com.
Hero Forge divides fans with a licensing agreement, the Fantasy Grounds VTT goes Free-to-Play, and should D&D bring Prestige Classes back to 5e 2024?Check out the Ghostfire merch store: https://ghostfiregaming.com/GGYT_Store_2025_11_204Delve into the Dungeons of Drakkenheim: Daggerheart - https://ghostfiregaming.com/GGYT_DKDH_2025_10_210Email your questions to podcast@ghostfiregaming.comBen: @TheBenByrneDael: @DailyDaelJames: @jamesjhaeckShawn: @shawnmerwinEditor: @ZsDante Topics:00:00 - Intro00:23 - Evil player-characters08:40 - Dark Sun?11:03 - Moonbeam wanes19:43 - Hero Forge controversy!37:48 - Fantasy Grounds goes FTP42:36 - Prestige classes in 5e 2024
In this episode of The Prestige-ish Media Podcast - Craig Lake, Dan McNair and Shauna Schoenborn give their INSTANT REACTION to the new HBO Max series It: Welcome to Derry Season 1 Episode 3 - Now You See ItIn this episode we discuss pianos, 1908, sling shots, orixás, Hanlon, Halloran, and more. Bonus talk:Stranger Things Season 5 - 1:17:12-1:22:43Castle Rock - 1:22:47-1:25:45Please continue to join us for our ongoing Prestige-ish Media Podcast coverage of the HBO Max show - It: Welcome to Derry. Coming soon join us for our coverage of Stranger Things Season 5 on Netflix and Fallout Season 2 on Amazon Prime Video.Please check out our website at http://prestigeish.com, follow our podcasts on all your favorite podcast platforms, and leave us positive reviews if you enjoy our show. X @prestige_ish Instagram @prestigeishmedia X/Instagram @realrealbatman @danmcnair1017 @neverboredhousewife http://prestigeish.com
Buy 3D printed aquarium accessories from my Etsy store: https://reefdork.etsy.com/The below links have an affiliate code - so if you make a purchase, I get a small commission at no extra cost to you. Thank you! The best algae scraper in the world - https://amzn.to/3lRCOVbThe best RO/DI filter for most people - https://amzn.to/46RXGRqBest test kits for every parameter:Salinity - https://amzn.to/3tkVovyAlkalinity - https://amzn.to/3Xk7LmZCalcium - https://amzn.to/48ubKlLMagnesium - https://amzn.to/3rnLYPDPhosphate - https://amzn.to/3PQ2OxNNitrate - https://amzn.to/3wWfL1M
Cash App's scam warning feature is like a personal bodyguard for your money. Learn more at cash.app/security.Cash App is a financial services platform, not a bank. Banking services provided by Cash App's bank partner(s). See cash.app for more details.Donate Here! : https://donate.tiltify.com/e1fc3d29-9be9-47d5-a358-bb4481352dcc/detailsOpTic Gaming Merch: https://shop.opticgaming.com/Check out the OpTic SCUF collection and use code “OpTic” for a discount: https://scuf.co/OpTicCheck out the OpTic Podcast here: https://podcasts.apple.com/us/podcast/optic-podcast/id1542810047https://open.spotify.com/show/25iPKftrl0akOZKqS0wHQG
***Join us for our 300th Episode Celebration***On Thursday 27th November, we will be coming together to celebrate reaching this amazing milestone with a Live Podcast Recording & Networking Event.I would love to see you there. Grab your ticket. There are only 15 seats left available. __________
Go to http://butcherbox.com/optic to get free turkey or ham in your first box, or choose ground beef for life - PLUS $20 off your first order! Send Us Stuff For The Race To Master Prestige: Must Be Addressed to: Name: The Race Address: 5757 Main St, Suite 200, Frisco TX 75034 OpTic Gaming Merch: https://shop.opticgaming.com/ Check out the OpTic SCUF collection and use code “OpTic” for a discount: https://scuf.co/OpTic Check out the OpTic Podcast here: https://podcasts.apple.com/us/podcast/optic-podcast/id1542810047 https://open.spotify.com/show/25iPKftrl0akOZKqS0wHQG 00:00 - Intro 01:30 - Race to Prestige Info 12:02 - Daltoosh x Barstool Internet Invitational 13:40 - More Race to Prestige 15:01 - SEND US A CARE PACKAGE 15:40 - L SCUMP 17:16 - The FIRST Black Ops 7 Tournament 19:09 - Dodgers Win the World Series 22:17 - Faker in LoL Worlds Finals AGAIN 27:00 - Peak Ninja was Different 29:16 - Butcher Box 31:21 - CDL Majors and Champs 35:46 - The Neo Robot is CRAZY 44:13 - AI is Getting Scary 46:03 - Tech Downgrading 52:00 - OpTic Content Robot 54:43 - Movie/TV Recommendations 01:02:49 - Toosh, Hilton, CouRage NYC Marathon
What are the most prestigious hunts to win as a coon hunter? Find out this week on Tree Dog Tuesday!
A practitioner in Israel realized the urgency of eliminating jealousy, a deeply rooted attachment, after studying Zhuan Falun. She traced her jealousy back to childhood, where it manifested as a desire for prestige. Through introspection and cultivation, she learned to prioritize others' interests, transforming her work as a caregiver into a valuable environment for growth. […]
Christopher Nolan, for a brief moment in time, was set to make The Prestige just ahead of directing Batman Begins. But circumstances meant that by the time the window of time was right, the Batman reboot was already a hit. Nolan thus jumped into a movie that was modestly costed, and didn't involve having to travel the world to shoot. The author of the original book The Prestige? Well, he sounds like a guy with notes...! Then! Ryan Lambie had a long conversation with Predator: Badlands, Predator: Killer Of Killers and Prey writer/director Dan Trachtenberg. He talks about his new film, and bit of Weyland Yutani too... Learn more about your ad choices. Visit megaphone.fm/adchoices
What if chasing prestige meant sacrificing everything else?For Jeff Bell, managing partner at the iconic PDT in NYC, bartending has never just been about cocktails—it's about culture, connection, and the quiet cost of longevity.In this episode, he shares what 15 years inside one of the world's most celebrated bars has taught him about endurance, humility, and the evolution of hospitality. We get into why bartending is both beautiful and brutal, how alcohol amplifies more than it numbs, and what makes a bar truly last. This isn't about kitschy phone booths or speakeasy gimmicks—it's about the discipline and heart behind enduring relevance.If you've ever wondered what it really takes to build something timeless, this is that conversation.To learn more about PDT and their award-winning cocktail program, visit pdtnyc.com._________________________________________________________Free 5-Day Restaurant Marketing Masterclass – This is a live training where you'll learn the exact campaigns Josh has built and tested in real restaurants to attract new guests, increase visit frequency, and generate sales on demand. Save your spot at restaurantbusinessschool.comFull Comp is brought to you by Yelp for Restaurants: In July 2020, a few hundred employees formed Yelp for Restaurants. Our goal is to build tools that help restaurateurs do more with limited time.We have a lot more content coming your way! Be sure to check out our other content:Yelp for Restaurants PodcastsRestaurant expert videos & webinars
President Trump's Asia tour begins. Is the U.S. and China trade war about to end? Transportation secretary warns of travel consequences coming because of the government shutdown. Dems losing their minds. Jamaica getting slammed by Hurricane Melissa. Introducing the Chick-fil-A vending machine. Arrests made in Louvre heist. Time to change your clocks this weekend! The 2028 presidential race may pit Kamala Harris and Gavin Newsom against each other on the Democrat side. Update on the New York City race for mayor. Update on the White House ballroom construction. Joe Rogan discusses going to church. More terror for Christians at the hands of Muslims in Nigeria. New Jersey governor's race is … entertaining. 00:00 Pat Gray UNLEASHED! 00:26 Football Talk 05:48 President Trump Dances in Malaysia 06:24 FLASHBACK: President George W. Bush Dancing in Africa 07:23 Scott Bessent on Trump's Meeting with China 08:03 Scott Bessent on the Government Shutdown 09:47 Sean Duffy on Slowing Down Air Travel 12:15 Trump will Pay the Military during the Shutdown 14:53 Hakeem Jeffries Gets Schooled on CNBC 16:38 Marilyn Ashcraft Needs More Money? 20:48 Letitia James is ANGRY 22:09 James Carville and Jen Psaki on Living in Trump's America 28:00 Crazy Leftist Attacks Man in Inflatable Trump Costume 31:06 Fat Five 49:14 Kamala Harris 2028 50:57 Gavin Newsom 2028 53:05 Gavin Newsom Sits with Bill Clinton 56:00 Gavin Newsom Selling Knee Pads 56:54 Gavin Newsom's Got "Street Cred" 59:08 President Trump Meets with Qatari Leaders 1:06:42 Andrew Cuomo Should Drop Out, Not Curtis Sliwa! 1:07:56 Zohran Mamdani's Aunt Couldn't Ride the Train 1:12:21 Bill Maher on Zohran Mamdani 1:18:19 AOC Ranting about...SOMETHING! 1:19:30 President Trump on Low IQ AOC & Jasmine Crockett 1:21:53 The Left Continues to Attack the White House Remodel 1:25:13 A New White House Press Briefing Room? 1:27:05 Joe Rogan Goes to Church? 1:30:31 Nigeria Under Attack! Learn more about your ad choices. Visit megaphone.fm/adchoices