35 Burst results for "mark cuban"
The More You Grow, The More You Need To Say No
"I want to start by just stating a fact. It's so much easier to say yes to something than to say. No saying yes has no friction right if somebody says. Hey i would love to have you on my podcast. You saying this requires zero effort like sure. Yeah no problem. A big part of their reasons. Because you're not actually saying yes to doing something immediately right now. You're saying yes to something that's going to happen in the future and the future is foggy for most of us. We don't really fully internalize that commitment or like that's my future selves problem right. That's future almost problem. My problem right now on the other hand saying no to anything is hard. Even if it's just a friend asking you hey. Do you want to grab some lunch. And you just can't make it because you have obligations having to say no is just hark. You don't disappoint people that's natural. Let's just you being a good person but having said that saying no doesn't make you a bad person say no actually protects you so that you can continue to do the good things in your life you can be value to only your customers and your employees but also to your friends and family and saying no is not really something were taught even had to deliver that no so in today's lesson i wanna explore this concept and walk you through this journey when to start saying no had to do it in which opportunities you should say yes to. Here's the reality as you start growing your business as you become a more salish entrepreneur. The more valuable. Your time is when you're first getting started. I'm just speaking about myself. When i first got started and i was just trying to kick up dust as trying to make a name for myself. I was trying to build a business that matters has customers that has revenue the sustain myself. I was willing to do pretty much anything to bring in customers. Those legal and ethical of course and therefore my time really didn't have much value. Because all i had is time i didn't have money ended customs but a had time but that equation changes as you get more customers as you get more revenue and now your biggest asset is time you only have a limited amount of it so anytime you say yes to something you are going to say no to something else because that is going to take you some time on your calendar. Right and once that time is taken. You can't do anything else. And there's only a certain number of hours and they right. There's only twenty four hours a day. You can't do more than that you know and the thing about this is that it's gradual in the beginning you have nothing but time than your time becomes a little bit more limited and then as you grows entrepreneur time is incredibly limited and a lot has to do with the fact that you just have more on your plate. You have more opportunities presented to you because of the successes you've having going look at this issue a look at the extremes if you wanna have lunch with a local entrepreneur that you met in your co working space that might be in the star of their entrepreneurial journey. Maybe they've been doing this for years but getting a lunch with that entrepreneur that you've met your coworkers is not impossibly can schedule. You can make it happen. I it's like trying to have lunch with mark. Cuban right you know mark from shark tank and you know the owner of the dallas. Mavericks billionaire entrepreneur. This guy's got incredible amounts of opportunity. His schedule is jam-packed his time is incredibly limited. So it's not impossible for them but the chances of you having lunch are a whole lot thinner than you having with somebody. Who's not as busy right. Not as senior in their entrepreneurial journey and that's because he has a lot on his plate paternity any says no a lot. He had to train himself to do that because when he says no allows them to say yes to other things things that he really really wants to do or things that will have a greater impact on his life and his business now. A lot of people have a hard time saying no because they don't wanna feel bad they don't wanna feel like they're being a jerk or helping other people how or you know just respecting the journey and understanding how i was once there. I want to help somebody out. I'm one of those people but you can always turn an opportunity in your favor to make sure it works for you so i sometimes get emails essay. Hail mar would love to jump on a call and discuss this with you. I have a question. I have something i want to work out one. Maybe an opportunity can collaborate. And i totally respect that. And that's really kind of than three job to me but a call is very time consuming for me anything. That's synchronous where. I have to be at the same time. Same place is very very hard to do. Because i have a schedule of have Obligations to my team to my customers. I have to do so i always counter and say thank you so much. I'd love to do this over email.
What Is Clubhouse and Do You Need to Be on It?
"Talk about clubhouse before we run out of time I what what are your thoughts on club. I feel like clubhouse right now is is like as we speak february twenty. Twenty one is still in private I wouldn't call a beta on the app store. It's invite only right but they seem to be accelerating the invitations to the point. Now where february. Twenty twenty one sort of is the month where clubhouse went big. Yeah i would agree with that. I mean i would say maybe maybe january No yeah i'm trying to think. When was the lawn on. When when did he do the thing that was like it's over joins twitter moment twenty twenty one today january to february. And i'm sure you know in hindsight you know there'll be more people in march and more people in but it's getting a. Can you describe what clubhouse is and then. Tell me your thoughts about it okay. I'm going to find something. That is certainly find my tweet that i sent about it because stevens noffke was annoyed with me but i stand by it. Okay this was. Someone asked me two weeks ago. Says what does one do with clubhouse. And then i wrote waste time. Not working by listening to other people not working talking about stuff. They claim to be experts end but really aren't while hoping for celebrities to show up. That's pretty it's pretty tart. But but i don't disagree with it. And i say this as someone who i've spent a lot of time on clubhouse i've hosted shows on capelle when that was still a beta feature. I think i joined in april. I'm i'm not above this. Like at all. I'm just saying like when i use it. It is usually because it's the end of the day. And there i see one of the main notifications come in that. You know somebody you're on things interesting is going on or i'm like you know kind of trying to avoid doing actual work and so i tune in the afternoon and then listen to other people who are often doing the same thing and then there is that bit of like. Oh and maybe someone famous will pop in. I don't know i'm being totally honest like for me that that is kind of the appeal. That's not to say that. I don't think there. I think that you can have some real substantive and interesting conversations and and there are some really interesting ways it can be used in the way that it's interest. Graph is both connected but disconnected from twitter. I think is interesting i was. I was in a room last week. End someone's a ten year. Old was briefly in the room before that was deemed. I guess not okay. And and We were asking the the youth some questions about their use of technology. And you know they kind of described it. They were like. Oh it's dischord for adults and that's actually not a bad description to be totally honest like it's kind of scored audio groups but you know audio channels for adults. That's that's not a completely terrible analogy I i'm trying to wrap my head around it. I think there are. I do think they're onto something totally. And i also think i haven't quite had this feeling about something since instagram in two thousand ten like so i was not on the instagram beta n. g. siegler was and he tweeted enough like pictures from it. I definitely kind of it was like okay square pictures filters and then i just say on my other. Podcast dithering with ben thompson. I think the episode that aired this morning. That i remember where i was when i realized instagram out of beta and i could sign up. I was with my family down in disneyworld. And i was on a bus going from I think i even remember which park we're going to. We're going from our hotel to the disney studios park on the little disney transportation. Bus and i was like. Oh it's out of beta quick. Get gruber still available got it start clicking around and like within five minutes because you know all of a sudden we're at disney and it's time to have fun and go on rides and stuff. I was like oh this. Is i get this. This is great. You know now. That is the original instagram where it was. Just you post pictures and you see pictures from the people you follow and you can comment on the pictures And you can apply these filters that re- you know at the time was great feature because don't care cell phone cameras still so crappy. The filters it was perfect and histogram or no hips dramatic amount of it was was awesome so it fit without whole asiatic that was happening with the time that made it. Easy to to apply like they. They didn't take as long as you know. Some of the other filter ops did and it. It really made your photos look better and added remember. When they added the tilt shift feature and amazing. Yeah until fisher. Was this massive deal. Because i was like. Oh my god i can take mr rogers pictures right. Like is how i felt at the time. The hips dramatic took so long. And i don't know. I've never to anybody who could explain it. I don't know if they did it on purpose to to fake. Yeah but it hipster. Matic took so long to apply filters remember talking to somebody at apple about near like. Yeah it makes no sense to even if you're using a bat algorithm it shouldn't take that long and it was like crazy. It was frustrating and instagram. Let you like oh this filter. Nope this filter. Nope and they apply instantly. And then you'd pick one that major picture look better then you'd posted and i was like i got it. I was like oh. This is going to be huge. Just a snap judgment. I feel that way. I feel that way about clubhouse with just with a little less certainty because the thing about instagram was i knew i wanted to use it whereas with gregg house. I'm like i get this. I can see why people really get. I don't think this is for me. Yeah no i kind of agree with you. And i'm like i go back and forth about my feeling like i do. I do think that it's you know. Current valuation is kind of insane. Yes drink the concept has massive legs. Absolutely i think the other difference is is that instagram came out. There were a couple of other Kind of competitor's pick please which was available on both ios and android that dalton caldwell who later did app dot net did and the. Didn't you know work and there were some other kind of attempts at doing similar things but instagram was always wear momentum was and i think it's because they had really strong product direction. I think that always going to be getting the product direction in the attic. Usability was key. It was always product. I don't always product. I clubhouse one of those things were not that i don't think we're i wonder if it's going to be more like an instagram stories. Saying we're not as a staff staffed stories. Thanks but you see where. I'm going with this where it's a great idea but it could be potentially co-opted and done better by someone else. Like i feel like twitter spaces. Could you know. Beat it in a way that you know. No one else even had a chance against instagram. Even though instagram was ios only until it was acquired by facebook like no one else even had a chance at sucks all the oxygen out of the room Because it was it was the best. Might i feel like the concept of clubhouse has a lot of legs just don't know of clubhouse it's going to be the thing or if it'll be whatever mark cuban. He thinks he's doing or if it'll be twitter spaces. I don't think it'll be facebook. Facebook single fall flat on. Its face but i do feel like twitter spaces could potentially you know Hold the the instagram move and like make their version of stories way more successful even though it's a blatant copy it's it's better
Mavs' Cuban relents on anthem after NBA reiterates policy
"The wake of the nba statement. Wednesday reiterating its longstanding policy. That all teams will play the national anthem. Dallas maverick's owner mark cuban said during an appearance on. Espn's the jump that his organization has no problem playing the anthem at all. That the decision to not do so to this point in the season was the product of ongoing conversations with members of the community who felt the tradition did not fully represent
Cuban Decides Not To Play National Anthem At Dallas Mavericks Home Games
"Cubans decided. He started this before the nba season started made. This decision to the national anthem would not be played before any of his maverick's games and so far they've played a total of thirteen games. Preseason and regular season and has been played before any of them and is believed to be the first instance of a protein getting rid of the national anthem before the game gets underway and First question would be okay. Why did you make that decision. And according to one reporter is named shams sharabia the sources close to mark. Cuban says the decision to not play the anthem before mavs games isn't because they don't love the united states because many feel the anthem doesn't represent them and they want to continue discussion of how to represent people from all communities when honoring america at a game.
NBA says all teams must play national anthem after Dallas Mavericks stop playing it
"The MBA is ordering teams to play the national anthem before games. The controversy erupted when it was revealed. Dallas Mavericks owner Mark Cuban Had stopped playing the anthem before their games this season in a statement, MBA chief communications officer My best is that needs to change quote with NBA teams. Now, in the process of welcoming fans back all teams will play the national anthem in keeping with the longstanding league
NBA says all teams will play national anthem
"Owner Mark Cuban confirmed the team and stop playing the national anthem before games. The MBA released a statement today saying with NBA teams now in the process of welcoming fans back in the arena, all teams will play the national anthem and keeping with longstanding league policy. And today at the
NBA says all teams must play national anthem after Dallas Mavericks stop playing it
"Are saying that they are no longer going to play the national anthem before tip off. Mark Cuban confirms that the organization has ceased plane the anthem before games and does not plan to play it moving forward. Mavericks made no public announcement that they were planning to do this. Nor did they reportedly announced or explain internally. No further explanation is yet been given by Cuban or the Mavericks, the league spokesperson. Said that under the unique circumstances of this season, teams are permitted to run their pregame operations as they see fit. The national anthem has become a point of contention and the in the country after Colin Kaepernick began kneeling as a form of protest against police brutality and injustice against minorities in the country, Of course. It has taken place now in pretty much all sports don't know if that has anything to do with it. But because of you said that the NBA just changed its course. And now the national anthem will be played tonight at the embassy. Just put out a statement. Maybe about an hour or so ago. It says All teams will play the national anthem that includes the Mavericks and the Mavericks will be playing it tonight. At 5 30 before their game against the Atlanta Hawks. So let me ask you. This
Dallas Mavericks bring back pregame national anthem after NBA policy order
"Issued a statement saying With NBA teams welcoming back fans to their arenas, all teams will continue to comply with a longstanding league policy. Dallas owner Mark Cuban and told the athletic he made the decision to stop playing the anthem. The San Antonio Police Department in the Bear County Sheriff's office are searching for an 18. Wheeler, they said, could be smuggling up to
NBA says all teams must play national anthem after Dallas Mavericks stop playing it
"All of its teams will play the national anthem before games, hours after the Dallas Mavericks announced they would not at the league issued a statement saying, With NBA teams welcoming back fans, their arenas all teams will continue to comply with the longstanding league policy. Dallas owner Mark Cuban told the athletic he made the decision to stop playing the national anthem at some players to protest ID social injustice during the national anthem.
Mavs stop playing anthem at Cuban's direction
"If there's a new way to avoid kneeling for the national anthem protests one NBA team isn't playing it. Mark Cuban confirmed last night that he has decided to no longer have the national anthem played before Dallas Mavericks home games. The anthem has not played before any of the Mavs home games this year in the preseason or regular
Dallas Mavericks To Begin Playing National Anthem At Home Games After League Reminder About Policy
"If there's a new way to avoid kneeling for the national anthem protests one NBA team isn't playing it. Mark Cuban confirmed last night that he has decided to no longer have the national anthem played before Dallas Mavericks home games. The anthem has not played before any of the Mavs home games this year in the preseason or regular season. Fox is Jared Max. No notice because no fans of minute games until 1500 essential workers were allowed in free Monday night. America's listening to Fox
Mark Cuban stops playing of national anthem before Mavs home games
"If there's a new way to avoid kneeling for the national anthem protests one NBA team isn't playing it. Mark Cuban confirmed last night that he has decided to no longer have the national anthem played before Dallas Mavericks home games. The anthem has not played before any of the Mavs home games this year in the preseason or
Mark Cuban stops playing of national anthem before Mavs home games
"Tank who's also probably one of the most well known MBA owners, he owns the Dallas Mavericks basketball team. News is reported that they are not playing the national anthem at any home Dallas Mavericks game Now I don't know why this is just now coming out. They haven't played the national anthem at all of this season. 12 games, 13 games preseason and regular And he made the decision in November and he met with the commissioner. Now 50% of people saying good for you, Marc for being a Trailblazer trendsetter. Now Mark has been very vocal, very vocal, the past about the way that African American people and athletes are treated by. He's he's been very like They're treated differently, and it's not right. So it's not like he's come out of nowhere with this, but on the other hand, you got people saying, Wow, this is where we're going. We're not play the national anthem at sporting events anymore, and You know I used to. I used to tell them. I'm not exaggerating here. I used to tell people that the national anthem is one of the favorite parts. I have a sporting events. And here's why, Because you go into this stadium or this arena where there are anywhere from 2000 up to 30,000 people, and you're all rooting for different players, some of your room for different teams. You all have different socioeconomic backgrounds to me. You are rich. Some you are poor Sam. You're black, white brown, whatever. And you all different jobs and everything. But at that moment when that anthem plays everybody for that 90 seconds, however long it takes everybody in that arena. Everybody in that stadium is all the same. They're all Americans, and they're all proud. Of their country, and then after it's over, we all go back to being very different from each other. But for that 90 seconds we are all united. We're all the same. That's how it used to be. It's not that way anymore. It just isn't the anthem doesn't mean that to a lot of people anymore. You know, people are sick of the injustice in our country and things like that. And What I am used to me until people it doesn't mean anymore. So let me ask you if you are at a sporting event now again, Mark Cuban can do whatever he wants. He owns the team. He owns the stadium. And he got it approved by the MBA. But if you're at the game and again I'm just speaking out loud. I'm not saying that's our field. Don't get your panties in a bunch, but If you don't feel that way about the anthem. I mean, can't you just sit down? Or can't you just maybe go to the back? I don't know, like removing the entire anthem is almost taking a lot of people's Liberty away at the same time, Like a lot of people love the national with a lot of people like to sing. A lot of people feel like that Stir part of, you know, standing beside their kids, So I feel like you. Taking her away is kind of Weird way going. Okay? All you that love the anthem. True? Yeah, Like
Mark Cuban's 'next-gen' podcasting platform
"Mark cuban co founding. A next gen podcast platform where hosts can talk to fans live and monetize conversations reports. The verge it's sent to be similar to clubhouse but with the ability to record conversations. The app is reportedly to be called fireside which comes as news to the five year old podcast host fireside surprising and more than a bit concerning says damn benjamin from farsight not that one
Dallas Mavericks Welcoming Vaccinated Essential Workers With In-Person Fans At Home Games
"With. Tonight's home game against minnesota. The mavericks will have fans in the american airlines center at last but not just any fans one thousand five hundred essential workers who will be admitted for free. Mavs owner mark. Cuban said in a news release we owe so much to people who have put their lives at risk to make us safer bringing them to a mavs. Game is the least we can do. In recent days the mavericks have sent invitations through local hospitals. The city of dallas and partner grocery stores and will randomly pick which vaccinated workers will attend four games starting today beyond today's limitation of one thousand five hundred fans the fan number limit for the ensuing. Three games has not been determined. Those games are wednesday against atlanta friday against new orleans and sunday valentine's day against portland
"mark cuban" Discussed on Suiting Up with Paul Rabil
"And adding customer retention goes up the demand for sports streaming rights are going to go up and that is the balance versus us doing our own direct to consumer or taking less money and being able to do side-by-side direct to consumer. Yeah the thing that. I love about sports more than live. News and news gets you know. He's had a huge bump during the trump regime specifically but but like cable news has found a niche for a delivering a consistent and sizeable audience. Is that news can still go behind. A paywall already is at a certain extent because you don't need advertising to consume what we want immediately take twitter and even twitter flips to a paywall in sports. It's built in advertising because of timeouts because of quarter breaks because of challenges. And that is what differentiates sports from any other form of programming. Why it's even more valuable the the other piece though related to the streaming wars as you had mentioned and listen to tom. Rogers talked about this. Is we're all focused on Total subscribers netflix's past two hundred million disney's at eighty seven million. You know. hbo max fifty seven. They're all growing but what he cares about. And why he always bet on netflix. Over disney is total engagements and this shifts over social to and he goes netflix and youtube account for over fifty percent of engagements that means people are actually watching in disney's at five percent and he was like that worries me about disney because what it comes down to his purchasing power or your pricing power and and netflix could probably turn from fifteen to twenty five a month and still maintain a lot of their subscribers because people are actually watching prices. Right they have. Yeah and that's what we get sports as people and that's a good thing you you mentioned the nfl's twelve minutes so people ambient watch your games. Forty eight so you get a longer. You get along review. And that's because there's an inverse relationship between the amount of actual action versus the raitis yet right because people don't have that attention span and that leads to tiktok right. Yeah you know my. I've eleven year old son. Fourteen year old daughter. Seventeen year old daughter. The eleven and fourteen year olds in particular grew up with tiktok believe it or not. And that's how they get everything they're not going on snapchat. Discover like my seventeen year old. Is you know maybe they would have two years ago right everything that they find out you know when you hear about the james harden trade on tiktok it came right up right yeah because tiktok algorithms are so good there is so good they know what you want based off of your viewing history and they deliver. It really really really well. The question becomes. Should we be using that model. So we've had conversations to say look maybe instead of a whole game because the attention span for gen. Z is not to sit there and watch a whole game. That's just not going to happen. For least half those fans and so what if we give them possession versus big possession right and use algorithms to determine what how we ready to give him for that and so they may get it beginning a normal tiktok feed but if they're on tiktok in their nba basketball fans were gonna throw in their nba games. That maybe not won't give you forty eight minutes of action might give you twenty three minutes of action yup and the type of action that you like and that going to be a new way to consume it. And that's where a i knew. New technologies and protocols are going to allow us to deliver want where they want it and when they want it. Wow because it's going to be a challenge to get those eleven year olds today. Like i'm embarrassed to say like my son doesn't always even know what night there's a maps kick right but the minute the game starts he's getting stuff on tiktok no no and then he'll come down and watch me or my daughter us watch more games now because she's into fantasy sports now in a fantasy basketball competing with her brother and so now they'll watch more but you know with betting will get more of that but you still have to deliver it where when and how people want and you can't just say look worked for x. number of decades on traditional television that's gone. Yes wow so. I loved that the four you tiktok. That's a specific algorithm and everyone talks about where different than call it. Facebook and instagram or twitter is like our algorithm. Is the news feed that they think that we want. But it's based on who we follow tiktok for you. You don't follow any people that they're serving so that would be the difference if i'm hearing you right between the nfl. Red zone which i think has been successful for a long time. But they're saying you want to watch the teams that are inside the twenty yard line with what you're talking about as being even more bespoke to the trends of the viewer who likes specific teams. It doesn't matter. It's the end of the fourth quarter. They just wanna watch the mavs and the lakers. When the bazan lakers have the ball on offense they don't even know if you don't like you can't predict what's coming next to you and your for you on tiktok right right. You don't know. Charlie millions coming next for it even if you think yourself i want to watch something from charlie demilio. You're you probably not going to her. Page to look to see what it was. You just know that based off of everything you watch. it's coming. It's going to be their chances. Are if you really follow our you know and you really pay attention. It's going to be the first thing that you see when you when you bring it up. And the way that i think this will be working should work it. You are using tiktok. Because that's your alternative. The boredom used to be back in the day. You know you point yourself the television and then you now on youtube. Youtube was mostly informative and personality driven. Right where you haven't subscription you get a notification. It's not an you might see some things in the algorithm. That are suggestive. But it's more reactive than proactive. Your hornets at the more than initiate. I actually think this this idea that your concern is fascinating and could be huge for sports. Because if it's like tiktok we actually get a better experience on tiktok. The more time we spend on it because like a google search more learns about us and therefore it's like encouraging people to watch more nba in more p. Because the next time they tune in it's gonna be kick ass with a bunch of the right highlights in moments that they will right at the at the one hundred percent right because and again in my mind that's why there's that inverse relationship between game time and rates. Yeah because you watch football. If there's let's say ever twelve minutes. I've got thirty minutes of actually actual game time ran the ball in play..
"mark cuban" Discussed on Suiting Up with Paul Rabil
"What i care about. Would you have looked at the opportunity differently in twenty years later. Same mark cuban. You know pro pro rata your your your your business. Success in sales in getting into the nba at the current valuations exact. Same way. 'cause i love basketball just like you love cross. Yeah i've been a basketball junkie. My entire life and me have to find is being able to go out you know on the nba court at the american airlines center. And just get up shots before every home game where you know before it set up just going down there and shooting all. I want to go into the practice facility and shooting with the guys. I mean like a big kid and you know the value there is is. You know you can't put an amount on that you know the business part that i know that right. I'm not perfect at it. You know. I'm still learning but i'm decent at it and so i know what to do there And i'll will do what we can but like we don't maximize the ticket prices. Yes that's not our goal. I you know. I'm not trying to optimize my revenue Yield per ticket. I don't care right. I'd rather have a full house in pride all this. We had a sellout streak that was like eight hundred. Some games long because you know i wanna have people in the seats that helps me win when you have an going nuts in a full house the players feel it and you know i feel. Yeah there's there's just nothing better. I think about your fan experience. Push early on and you wanted. I remember hearing it somewhere and we talk about it with our team. It was like this has got to be a kick ass experience. You're an arena sport. Which is always going to be better because it's better controlled environment than an outdoor sport. So how are we going to get the family to come in and you were early on to pushing you know a younger youthful experience which interesting about us is when i used to play an emo. We'd show up in. It felt like our audience was the same as an amusement park. And there are a lot of kids and we need beer drinkers. So like we're actually trying to get more millennials to our games. And then when i read you you're trying to get more families and i know we're we're operating from different starting blocks but the first thing we had to figure out that i had to figure out when i bought the team is what business are we in and the nba thought we were in the business of basketball and when it came to in arenas we weren't. We're the business of experience you know you remember the first time you went to a game. You know young lacrosse player. Who's really undergrowth though. Remember the first time they went to appeal l. Game or allow game right. Yeah remember whether it was her mom their dad. Their anther went with their team. You know. I remember the first time. I went to a college basketball game with my sixth grade teammates that my coach took me to write yet and it was. You remember the experience. You don't remember the score you don't remember who scored you don't remember the dunks winning. It's the only place when that balls in the air or either sport right and it's headed towards the net and every collectively of holding their breath and you're either or yelling you know or or commiserating. Where else do you get to do that. And what other. What other industry week when you win a championship. The whole city's on fire. Yup you know everybody's going nuts and they throw a print. They don't throw. It breaks for apple netflix. Ibm whatever right. Yeah they throw. The team wins a championship. And that's what makes it so different and you have to realize that experience. That emotional connection is really what you sell and you start to now with the mls with you guys with some of your games. You seen as well when you've got a fan base. That's really into it and you know you talk about beer drinkers. I played rugby forever. We never really had many fans but they were all drinking beer threat and would it break a beer. And they're allowed you know and when you see the mls fans going nuts and you're going nuts right now when they're young you hear the young kids agreement and that's one type of fan but when everybody's singing songs and you know waving the colors and all that left the experience both those guys don't even go for people don't even go for lacrosse or soccer. They go for the beer drinking and hanging out tribalism. Yeah just being part of the experience. Yeah yeah that's actually that's absolutely right. And then the the multiplier layers distribution so to hit on your thoughts And i'm not gonna talk about ratings Talks to you about ratings. I wanna talk about more macro theory. So that the future of of media and if the holy grail is still television were seen cord cutting. I started doing some reading around the eighties and the television era and hbo and espn and when they had fourteen million households that had cable. It was booming. Then i i wonder where you think we're going to net out with owned and operated. I believe a future's going to be broadcast so you'll own and operate cable's going to go to streaming we're already up taken streaming wars kovic and accelerator perhaps You're seeing live sports as now the largest customer acquisition tool to a lot of the entertainment at didn't think that would be the case. For the streamers which bodes really well for us in our business. So if if the future is is broadcast owned and operated so you'll see a trimming of television and then you have streaming for the distribution of the games. What's going to happen with. Rsn's ends and do you think that the owned and operated cord cutting will level out at fifty million. What your guests there. Okay so last. One i i have no idea where else okay would you know. Bits are bit. Yeah right. I started a company. Hd net which was the first all. I depth television network when people thought high-definition was never going to be a thing right the. Tv's cost twenty five thousand dollars. Yeah no one could have played twenty five thousand nine. I'm like no you don't understand. The price. point is going to go down now as time went on and streaming became more abul even when we started the streaming industry when we started audio net back in ninety five late ninety four ninety five the biggest limitation. We had the mutations we were processing power and bandwidth right and does the processing power went away but bandwidth was still an issue up until five years ago. Maybe yep then you started theme you know two hundred three hundred released one hundred megabits to a home not being a big deal once that happened. That's when court cutting really came into play because people could easily make the switch wasn't only price. It was the fact that it would work. Because early on when you stream your your net. Flex member netflix's original dvd. That's right. it would bother her.
"mark cuban" Discussed on Suiting Up with Paul Rabil
"I heard Michelle roberts talked about the the upcoming. Cba and one of the things she said is that athletes are going to wanna look at positioning for potentially stock options in a team. Or maybe they take. Pool of options is distributed equally amongst the players. It's a lot more complicated than just you know. Players have a wishlist and i to kind of understand both sides as a player and and the nba trade association model versus choosing hannity and all the nuance there Not to mention the the continued salary cap increase in these guys are getting paid you know upwards of forty million dollars over the next few years a year But the tie that she made. That's kind of relative to relate to this point is is she's really looking at team valuations versus current team economics and on the cba team economics year to year. Players are getting close to fifty percent of that share. If you want fifty one so it's like how. Do you have a conversation as an owner with the pa around just the sheer difference of being a stock option holder and a business and that potentially never pain outlook. If the owner doesn't wanna sell let me talk about the aba per se. Let's talk about you know rugby or soccer. Because i can't talk about the nba. Collective bargaining got a lot of money. You know talking about other leagues whether a single entity model that works. I mean you know what. Mls is doing but like for mls as an example options only matter if there's liquidity that's right you don't wanna be is a minority owner in a team that's not paying. Dividends right is not paying out money and that has no interest in selling. And so you know. It's it's really hard to quantify any of that you know anywhere with the lesser anywhere for that matter so you know now maybe all that changes with facts and everything coming out the special entities. Maybe you'll see some professional teams You know when me if you know. Mls or pl for that matter. I'm sure you guys have had. Conversations is actually part of our first comp package that we discussed in in getting The players from jake steinfeld league which we've cinched announce a merger with in december so so now major league lacrosse. His tucked under p l l when i was looking at competing with ufc. Fifteen years ago you know the fighters at the time didn't get benefits you know. They weren't necessarily parttime but they weren't earning a fulltime living right and they didn't have healthcare and healthcare obviously is a big issue for any professional athlete. And if you create a company and we wanted to provide options while there's going to be you know you wanna be in business for generations and you know if you're you're going to have to issue stock in order to meet the needs of new athletes you know in order to get them the same deal so that creates its own set of challenges you know and how do you create liquidity is like kind of you know Switching gears a little bit like from a shark tank perspective. You see all people come and pitch us all the time about crowdfunding. Crowdfunding always sounds really interesting. Hide you just get people to give you money. But i never do a crowd funding deal and never invest in a crowd on company because there's no liquidity for the people who are giving you money right you could put up you know. I'm selling dollar bills for fifty cents in this crowd funding deal and somebody puts up their life savings. What a great deal. I'm giving you the two hundred fifty dollars and you can tell him now. Your company's worth ten times what it was but if there's no liquidity right it's useless to that right when they got to pay the repair bill for their car broke you know and they need that money there should luck and so you've gotta look at all the downstream consequences and you know that's one of the problems we ran into doing the whole issue had fights thing is how do you keep on issuing equity. That's right in a normal. It's not a big deal right so when you when i start a company now i have no problem. Giving equity. he'd employees who create an option pool right and if you have to issue new shares. That's great but you don't have light you know you don't have teams per se licenses right. There's just slightly different dynamic and the turnover and players. Goes father times undefeated right right there. All right yeah. They're all gonna laugh so long as so that creates its own set of challenges. Yeah and with a company like like one of your hundreds at at mark cuban companies. And i've read that you That that is something that you believe in especially in the early stages as your companies mature. There's not an expectation that later stage employees are going to get options and You know you read about it. Even in the founding days of espn And and that you know they brought over some of their top tier executives from other networks happening just poach them and They paid them healthy cash. Compensation and those employees wanted equity if you come work for me and it's startup company not one of invested. Because i don't have control of that right one. Did i start it down to the last day until we sell it. You know and typically what i do is i create a formula not used the same formula over and over. I take your salary times. The number of months. That you work and i do that for everybody and add it all up. So if you make twenty five k. A year and you worked for me for one hundred months. Write a check that total added to all the totals and then whatever the payout is from me selling the company that's attributable to employee's you get your percentage. Yep so the guy the people who were you know the most highest paid while you get a little bit more of a of an angle but if you only worked there a year you're not going to get more of the pool than somebody who makes thirty thousand dollars a year but his work there for fifteen years they're gonna make a lot more. What are the biggest differences between executive or senior position. Hires that you make at at one of your company's verses kind of entry level related to the questions tied to that option pool that they get access to You know and how how important is to them. Yeah it's pretty standardized. We don't whatever we're doing before you got there. We're going to continue doing that. And if i have to hire somebody that i think is an executive level that it's almost always an individual negotiation. You a bad. do. I need them now. The challenge or most companies and particularly smaller companies. They looked to some executive. I see does all the time to drive. I hired the best revenue person ever. I just the best salesperson ever. I just hired the best marketing person ever right. This person worked at espn or disney right now and an initiative bit right right and so the challenges for entrepreneurs is. You can't sell yourself too much on this person that you're hiring. Yeah that's the hard part right because then you know and that typically is the result of some level of desperation. You know it's got sales. Aren't where i want them to be a not hitting my numbers or in order to raise my next round. I gotta get this number of sales. And so i'm i can't do it. I don't know how to get there so you start throwing these hail. Mary hires and that the challenge. And you know. I try to tell people. Don't hire out of fear that you're not going to do something and if you do higher you know higher slow and fire fast. Take your time to get it right and if you screwed up kick him to the curb. So it's it's clear you think about all the stuff A- at a really immersive level And i i think you're entrance in the nba. A lot of your colleagues And you got in in two thousand for a whopping two hundred. Eighty five million and now the franchises worth two point four But but a lot of your colleagues are considered like the most sophisticated owners in sports. And then we've seen a larger wave of that. Given enterprise value in sports that are continuing to to grow because of modern media attack and owning the real estate and so on Your scene you know private equity specs like quote unquote more sophisticated folks looking at sports. But what's interesting as i think about you is you've got into win and still talk about winning and pointing the trophy back. I want more of those and you have to balance your intellect around growing the numbers and and like you know. Be more innovative in lobbying across the board of governors. How do you find that difficult or do you still prioritize everyday. Get up in the morning like we gotta win tonight win tonight like everything else. Yeah you told me. I can win a championship with nobody coming in the door and no revenue. Okay let's go..
"mark cuban" Discussed on Suiting Up with Paul Rabil
"The sophisticated ownership groups can figure out how to be agile around us. Joe tie is an example. Who's our lead investor the po l. Know some of the conversation. Now the james harden's over at the nets who the team. He owns You know there's some conversation like whether they're trying to keep kevin durant right in future deal so it that's a that's something that's different in. The nba may be exciting for the fans. But how do you think about the business. Impact of of guys looking on deals it a couple of people there. One is the culture of the team. what be impact of any given player on the culture and the team you know my role is rule. Is you can have one knucklehead. You can't have to. Because then they hang out together and start dragging people down So culture is critically important. If you don't have chemistry with the nba or bailout and ain't gonna work right and that always a challenge. We've seen super teams fail miserably to. There's the business side. I'm blessed financially. So i'm not worried so much about the business side. I'm worried about getting more of those. Those larry but he's back there and But in terms of investing it means always looking for an edge. You know for a while you know. We were the first to have a fulltime analytic sky first team to have a full-time performance coach. I mean team psychologist and that really paid. Dividends both did but it starts to become a very efficient league over time so now getting more advantages in terms of analytics isn't about just using box score data. It's artificial intelligence. It's hose estimation. It's all these different things that Computer vision that. You're trying to talk to the smartest people you can find and say okay. What edge can you give me. Just gimme one more win right or give me a way to determine you know that this is better or that's better and it's not just about threes versus twos or mid range. It's okay what it could be anything right. Just give me an y'all nets were we spend a lotta time investment. It doesn't really matter who might players are right. I'm doing this to get an edge. And it's the same thing with performance technology people's health mentally and physically. You know how do you keep guys healthy. I funded a study on. Hgh where there's never really been a study to determine of of hgh really was performance enhancing. lacrosse has an olympic sport. Right is it. Will we have provisional recognition now. Starting in two thousand eighteen so on the path to to elliott twenty twenty eight gold medal participate used to be but in advance of that. We follow world doping rules. Okay so i was gonna say if he did have that you guys can be way ahead of the curve. They're seriously you know there's never been any research that says that. Hgh is detrimental to any human being suggestive things. You know where people doctors suggest. Wild increases cell grow so that can lead to more cancer right. But there's no research whatsoever saying that there's not even really research other than one. Study talking about performance enhancements yet. There's nothing out there and just like what used to to ban caffeine during the olympics. Right there's just. They just did it because they thought they were supposed to do it. And so. I went to the university of michigan and i said look. I'll pay for a study i wanna know can we use. Hgh to help is recover from acl surgery faster. The answer was yes you know stoke the league given all the circumstances this year. I'm not going to push it on the nba or anybody. But we're looking at future alternative studies to confirm it because if you can if i can't or the nba. Can you know. Make it easier to recover from inevitable. Injuries make it easier to preempt. What would have been inevitable injuries. That's better for the players. That's better for the league. That's better for all sports. Right better for kids. 'cause you see kids growing up playing lacrosse all day every day. You're just like kids growing up playing basketball all day everyday. They get repetitive stress injuries. They get the same injuries over and over and for girls. It's even worse yet. They're blown out there. Need you know more often than not yet. And i'm always looking for a way to to make better for our players wherever personal medicines involved wherever you know. Technology is involved wherever nanotechnology is involved. What ever it is yet. You know. I'm gonna be there trying to get that edge so you have the the psychology of traditional steroids which which you know were The these chemicals Outside of the body's natural development which you mentioned g. h. and testosterone or both a natural Genes that are our bodies creating so the traditional thought around steroids isolated. If you think about performance enhancement. I mean tennis players golf players. They get sick surgery players recovering from surgery. They get stem cell bait butlers tommy john surgeries a performance enhancer question towed to mark the right. I still probably the water is the biggest root of the problem. Because that's what makes fans think that they're cheating right because you did. this helps. baseball handled it in the late nineties right. But just like caffeine right. Oh you drank coffee before the game. You know it becomes common once you decriminalize it right once you stigmatize it and so you know. I'm trying to get the nba to extract itself from the olympics. And do just like soccer does soccer stance. I think it's twenty one and under right and anybody over because the nba. We need more business. We need more global business. We should be creating our own world cup period end of story yet. We don't need the olympics. It's the dumbest thing that the nba does because we take our best players and they play for an organization effectively the usa basketball which is part of fiba which then feeds into a limp. The olympics the olympics is for profit. Even though it's nonprofit there's so much graft and greed there and so we're making billions in the nba only contributing to the making billions of dollars over every four years. And what do we get in. Return a little bit of branding visibility that we could recreate by doing her own world cup and owning the whole thing just like soccer does yeah. I mean just beyond ridiculous. Yeah and you know those types of battles but and it starts. This conversation starts with water unite. They do dumb shit. Don't care and just on a power trip. It's not like people are like. Wow water really protected me you know. They kicked off a russian. You know after. They had been detained. Were right nobody. Felt like water was protecting anybody. Yes just you know. It's just there and shouldn't be not not that we don't need standards we do yet. But they're li should be some common sense and a reduced amount of hypocrisy..
"mark cuban" Discussed on Suiting Up with Paul Rabil
"Thank you public in out systems. Hopefully under thirty cubes okay. Let's start here. I've always wanted to ask you this question. In this romanticizing era of entrepreneurship and for the show will call it. The shark tank fach. But what's been really valuable about. It is you've been able to introduce america to the principles of starting a company and we learn about idea generation fundraising equity and even on the show. You guys. we'll talk about customer. Acquisition costs which is pretty elaborate. But the challenge. Is that with people like yourself. You can be portrayed as this huge overnight success even though we know you're not and all this work has gone into it but the outcome is you have all of these people across the country yearning to be entrepreneurs but it is so so hard so while i believe personally that it's a big net positive to your work in the tank. How do you think about the downside of shark tank i. I don't know what comes along a lot more shit to do. I'm just getting started. And but i get your point. You know people see people coming on shark tank and they walk in the door and ten minutes later they get all this money piled on top of them if they get a deal right. They don't know that you know someone walks in and by the way you get shark tank friday nights on abc bego all then realize of all that the real deal inside shark tank to go an hour and a half and then we get to due diligence after the fact which can take weeks or months depending on the company. And you're right. I think in terms of remanded station. Where the real failure has been. And i think this is the silicon valley bali on fantasy morning else is that you start a company on an idea. You're as a boatload of money and you've got it made and i try to tell people. Raising money isn't an accomplishment. It's an obligation yup fright. You know you should be scared shitless the minute that check clears. Because if i'm ryan you check your check you want to get paid right you know and so it. The work is harder not easier in the lager. You can go without raising money the better off you are. Yeah yeah being a steward of your investors capital is something that you guys talk about a lot on. Shark tank How many deals you think fall through during diligence for me about depending on the season thirty to forty percent and it stuff like you know. Do you have any debt on the show last. You have any debt now. And they have three hundred fifty thousand dollars on credit card. Well that's not debt. That's a credit card right or ikat me a dollar my product and then you do diligence and yet got the dollar if you make six million of them in a year and you've sold seventeen you know and just shit like that where you know and i get it right where we've all been in those circumstances where the pressure is all right and make or break scenario there and if you don't get a deal for us you know this is not going to happen or this will happen and you know you just sell you just trying to get that deal closed and and get one of us and so you're exaggerate a little bit. But due diligence is usually work catches up to you. Yeah and it's all analogous to sport and why Sport is is so fund to be involved in both of our core businesses is that you're selling through recruiting the players whether it's on the free agency market but then they get there and all right. Now it's fucking practice and let's get to work in. These are the expectations and salat what we see. And what we're talking about. Even on shark tank. And i wanted to kick off with luka doncic choose who's you know mean for all accounts one of if not the best players in the league. Starting his third season he's twenty one years old and he just leapfrogged. Mj for all time. Triple doubles can textually You know that's his twenty ninth oscar. Robinson leads it with one hundred and eighty one russell. Westbrook has a hundred and fifty. I did a little little bit of math in my own. Mark cuban way and and He's he's. he's on a twenty percent clip of games played. He's twenty one. He's got a he's got you know by the traditional sense of planning your prime till he's thirty two. He's going to have twelve seasons under his bell. It's gonna be tight. But he will pass oscar round developing. You gotta elvis shot right. Let's talk about the the role. You had kind of the recruiting or thought process similar to how you look at entrepreneurs with luca and and how you continue manicure him and provide learn at different rates. It's different in that there's an nba draft and so we had to make a trade to get him and you get one slot in traditional business. You fuck with one higher. You're gone let me go get another but similar in that. You don't really know what you've got until he's there where she's right and so. We talked earlier about. You know you think you're gonna hire this bpm marketing. Who's going to be amazing. And she turns out not to be good or you hire. You know this dude who was going to be your best sales rep and it's the same with players and i'm sure it's the same in lacrosse right because you can feed talents okay. A lot of guys you don't get to play To this level without abby. Johnson you can see athleticism. You don't get to this level by half without having great athleticism now relative to the best in the league you may not be the fastest or most athletic or the quickest right or the most skilled but then you get to the real hard part and that's the mental makeup you know and that is the same with an entrepreneur. You know with luca when when lots of people say they're going to be the best. Everybody takes a check as an entrepreneur. You know when they started company thinks their is going to beat this this or that. It's going to be amazing but not doing it to lose money. They they think they can crush right but it takes an entrepreneur with the right mental makeup. Are you do dream about you know when you sleep. Are you thinking about it. And that's in your.
"mark cuban" Discussed on Suiting Up with Paul Rabil
"And i'm your host. Paul rebels okay. One minute of boring recap just so those that are new can catch up. And if you've downloaded the show before let's go down memory lane. We started recording in twenty seventeen. Our first guest was bill check. I remember hopping on a flight to new england. The podcast in hand. I was waiting outside of his office. Got invited in. It was the close of the trade window. Had just closed and bill looked at me with the podcast. Mike's that were set up. I'm not sure the hardware he was expecting but he asked me so. This is going to go on the internet. And i was like yes coach and possibly to a lot of people so let's hold on the swearing but we did We did drop some f-bomb so as a forewarning mark. And i do a bit of the same. But it wasn't to agree. Gis i was. I was nervous about recording that first episode with coach belichick and felt the same way with all seventy seven guests that followed. It's a bit like preparing for a game. You build a scout. You wanna do really well. You want the people or the listeners to enjoy it and it's live Though it's easier when you have good guests because you get into a flow state. And i kind of think about guests in an interview process as teammates in this case season. Three's guest as such so. Today's show we have mark cuban. There's an episode of shark tank. And i was watching in prep where he immediately withdrew an investment when someone called him the cubes and then My producer brett looked at me and said well an entourage. They referred him as cubes and that was all good. So i was confused but i did not call him cubes okay. His entrepreneurial story that was crazy and it's been told everywhere especially if you're one of the over one billion network viewers have watched the two hundred and fifty seven episodes of shark. Tank that aired on abc. So short of it is that he's grinded from the very beginning. Sold trash bags door to door studies ass often. School got in and out of the internet and tech bubble before anyone else is legendary for that. He bought a sports team which we all know. He's invested in over one hundred startups. He's wrestled in the wwe. He's even moved out to. La and acted should check out his imdb link. Dogs me at the end for not spending enough time on it and why. I'm spending a lotta time on that now. Is we actually. Don't talk about it on the show. We kind of veer in all different directions about modern media his business with the mavericks and a number of other things so here we go mark cuban episode one. Welcome back..
Dallas St. Patrick's Parade on Greenville Avenue in 2021 Is Canceled
"The pandemic forced cancelation of Dallas is ST Patrick's Day Parade and festival Down Greenville Avenue, and this year it's been called off for the same reason. Dallas Mavericks owner Mark Cuban made the cancelation announcement for the event, which ordinarily takes place the Saturday before ST Patrick's Day. For years. Cuban has been a champion of Dallas is biggest ST Patrick's Day parade. He saved the event by writing a $50,000 check in 2012 every year. Since then, he has donated $50,000 to the parade. Steve
An Attempt at Breaking Down the GameStop Situation
"I'm the dreams as the Esports minute for me Sports Network. So a lot smarter people than me have explained the situation, but I'm going to give it a pretty short explanation. But please go look for better ones. And first of all, I'm not a financial advisor. I just like the stock. I think most people have seen the meme GameStop stock. Oh absolutely nuclear and value along with some other stocks that had big short positions taken out on them a short Mission put simply is the ability to borrow a stock and sell it with the goal of buying the stock back later with the cost reduce and then returning the borrowed stock. It's effectively a bet on companies a going-out-of-business or at least continuing to decline. That's why the names being thrown out today are companies on the decline GameStop AMC Theaters Nokia Blackberry Etc wage. Some hedge funds would absolutely stupid with these short positions. Sometimes taking out a larger position than actual stocks available. You know classic Wall Street stuff one. Such firm was Melvin Capital took out a massive short position primarily on GameStop, then Wall Street bets erratic Community filled with people from a wide variety of backgrounds. Each independently made the choice to invest in GameStop orchestrating what's known as a short squeeze from there. The stock price goes up as firms like Melvin Capital have to cover their losses by buying more stock and the end result is a staring contest of sorts with both sides trying to out hold the other one. This is again super over simplified, please go search out better explanations of what's going on to the one I'm giving right now. This has been happening over the course of the week. But yesterday on Thursday it became even more complicated when Robin Hood decided to freeze trading Robinhood is an app that brand itself as a place to democratize Trading. Bring in retail Traders and allow everybody to get a little piece of the stock market. They even named themselves Robin Hood after the famous character that stole from the rich to give back to the poor. Well, one of the big backers of Robin Hood is Citadel who's also a backer of Melvin capital and when push came to shove Citadel forced Robin Hood 2008 trades Robin Hood still claimed his allegedly. Allegedly Robin Hood still claims. They did this because of the volatility and to protect their users, but it's pretty clear that out of the stocks all froze at a pretty suspicious time to the point where even and Ted Cruz two completely opposite sides of the American political Spectrum both were calling out Robin Hood and calling us today. She's into it. So there's some shady stuff going on here. But what happened yesterday with people unable to buy it the price started dipping, although not really back to Earth. It didn't crater like one would expect. Free this entire ordeal as I write this with markets closing on Friday afternoon. GameStop is right around $300 a share AMC is around $13 and blackberry is 14000 of those numbers represent massive jumps from where the stock was a few weeks ago, but solid declines from Peaks reached over the last week right now. We are in basically a three-way standoff with hedge funds retail investors and then the giant question mark of government regulations and trading platforms. If Government Regulators decide to step in if trading platforms decide to shut down even more true that's going to have massive impact on what happens here. We really don't know how this is going to play out. And anybody who says they do take them with a grain of salt. I say that as someone who has some am seeing a little bit of gme and some Dogecoin in his portfolio. But still please be careful. Don't invest any money you aren't able to lose also another word of caution. Don't fool. This is entirely a David V Goliath situation here. Wall Street is very smart. And there are a lot of firms not named Melvin capital or Citadel some of those firms were already long on GameStop many others saw what was happening and took out big positions. So while this has often been framed as Wall Street vs. Reddit that's not entirely accurate but for retail investors their choice might actually be a bit of a silver lining because what it means that the deck is not entirely stacked against you plenty of uber rich people have a lot to gain from this short squeeze as well. If it was all about money versus a bunch of people on Reddit. Well, I think history tells us who's going to win that but there's a lot of money on the GameStop side too. So who knows how this is going to play out wage. It's important to recognize that all the billionaires who are tweeting out their support. I'm looking at you Elon Musk and Mark Cuban might not be doing that entirely for altruistic
GameStop-Robinhood 'Wall Street bets' frenzy explained
"The game continues with game. Stop the stock dipped overnight that it's back. It's up nearly two thousand two percent this month. This is crazy for a full recap of the game. Stop shorts squeezes read. It's and losses checkout wednesday's episode of squawk pod with the robin hood and bank of america. Ceos so it's pretty much just as crazy as the stocks volatility is the conversation as prompting inside the legacy wall street community and outside. It's a rebellion of the retail. Investors cry some market manipulation cry others it's a pivotal moment in market history still others claim. And so it may be. It's exciting a reversal of the traditional power roles on wall street for once the little guy the occupy wall street. The redder is forcing the hedge fund. Power players hand. People are here for it. Billionaire tech investor. Kamath paulie Says he closed out of his position and game. Stop one day after joining the trading frenzy and then tweeting about it in an interview yesterday on cnbc. He addressed the role of regulators. I think fifty an example of if you are going to so massively oversell accompanied to the. You're selling forty more shares of that company that don't exist and all of a sudden other folks like hey wait a minute. This is going to get squeezed and they buy. That's just a smart trade retail side wall street misfit and they paid the price so maybe what regulators should do they. Hey wait a minute. How can we allow companies to be one hundred forty percent short. That doesn't make any sense. Maybe on wednesday night the online hangout. Service discord banned. The red it subgroup behind the entire game. Stop short squeeze drama wall street bets discord said the group to allow hateful and discriminatory content. After that the sub reddit briefly went private moderators of wall street. Betts said they were unable to enforce read. Its contents policy and responded discord with this statement. If you gather two hundred fifty thousand people in one spot someone is going to say something that makes you look bad. Who doesn't look bad. Maybe game stop at least not to ryan cohen. He's a board member and founder of chewy. The pet supply taylor. Cohen has made a mere seventeen hundred percent return since investing seventy six million dollars in game. Stop late last year. Share price of game stop went from under twenty dollars in the beginning of january just january two over four hundred forty dollars back down to three fifty even up past five hundred. It is a truly wild ride for everyone.
"mark cuban" Discussed on The View
"We'll be right back. Next which candidates is mark. Cuban think up more mileage out of last night's dueling town halls and why does he said Shark tank is important now than ever he's live on the view. Luck Cuban is just one of the stars of the hit shark tank and one of the more outspoken team owners in professional sports. He's also a frequent social critic and political pundit perfect timing. So here weighing on the twenty twenty campaign season as well as he's in twelve of shark tank is the fabulous. Mark Cuban. Hi Mark How are you? Great thanks for having me on. Guys really appreciate it. Sure so that would town halls. Last night because trump he wouldn't do a virtual debate. He's not happy unless he can. He can keep interrupting people I guess what do you think about the night? What did you notice? Well that'd be the first thing is that Biden is presidential he's authentic. He was honest. He wanted to talk to people who wanted to listen to what they had to say he wasn't putting party over country. There were just all the things that I think we need in a president going forward and on the flip side Donald Trump was donald trump he was combative. He didn't want to hear the question. He didn't want to give a direct answer. He didn't want to offer solutions he just wanted to talk. Topic, and give his traditional answers. I totally agree with that the election though is just eighteen days away and Biden seems to have a double digit national lead in the polls. But just yesterday we talked about right now a- here on the show how Biden might not have locked up yet what do you think? He certainly has not locked it up yet I mean it's an interesting dynamic as we learned from four years ago. National polls are not really relevant. You have to win the electoral college and so there's a lot of states that are still very close and I think one of. The big edge that Joe has right now is that there aren't I don't expect any surprises I, mean. Yeah. The Republicans are GonNa try to throw some things like we're seeing from the post but the reality is I mean he should be able to just run his normal offense and campaign as usual and played out and I think he's smart enough this time you know Hillary was a little bit arrogant in thinking she had this Blue Wall. I think Joe learned from that and he's going out to states that were close can be closed maybe close and campaigning there, and that's critically important and I think that's a big difference that will pay off for him in the AD. Mark I have a lot of businessmen in business women. Friends will tell me all the time that they don't think trump is fit for office. They don't think he has a character required to be president they don't like him but they like his tax policy they like his domestic policy gives business balls. A businessman successful one what's your thought on that? That's ridiculous. Right? I think look what we learned from these last four years is that the one thing that crushes business is civil unrest you know when when you don't have leadership and people are not working together in this country, we get March as we get protest and that can lead to violence, and if you can't open your business, then you can't do business and then there's the crisis, the pandemic we have a leader we have a president right now I don't want to call them a leader that is not willing to deal with this crisis and we see what's happened. To the economy and compared to what's happened to the economies and other countries advanced countries around the world and so that lack leadership is really hurt us and so as a business person number one, I think you got to have leadership that can deal with whatever comes along and that's really hurt us and so when I talked to other business people and we discuss these issues that's that's exactly what I say when you really talk to them, they understand it I think maybe that was a valid instead of logic you know four years ago, but it certainly doesn't hold true today. Mark people are turning out in record numbers to vote. Waiting on line for hours in some areas to cast their ballots, your team the Dallas Mavericks is making it much easier as one of the NBA Arenas being used as polling and voting center which I think is incredible. How is that going and what does the high voter turn out this election signal to you Well two questions one is going great I mean I'm honestly the volunteers, the Polo workers, the people that organized county have been incredible and it takes a lot to put that together and they did a phenomenal job. I, just happened to have the arena that hosted it but all the people from the county volunteers deserve all the credit in terms of the volume they'd been it's been off the charts in Dallas and. Obviously nationally in what does that mean I think it means that you know as American citizens we finally want our voice heard there's been so much partisanship last four years that I don't think Americans feel like they've been listened to that. We've been listened to and I know that's the way I feel there's so much partisanship so much party over country that I think this is a chance for us to stand up. And be heard. That's part one part two, I think a lot of people are a little bit fearful of what might happen on November third. So they wanna take the safe route and go to polling locations early to avoid any type of risk I mean we've all seen the stories about Donald Trump, asking people to be monitors, and then people actually go and eat some early vote voting places and that has. Some people concerned so I think early voting really does a good job of dealing with those concerns mark. I want to ask you about trump's one point, eight, trillion dollar stimulus package. Now, Democrats are being accused of dragging their feet on accepting it and Republicans in turn are being accused of not giving enough. What is the holdup doesn't do enough and I tend to think something is better than nothing. Am I wrong group? Something is better than nothing because right now it's not about us. It's not about the Democrats is not about the Republicans it's about the American people who are suffering right now there are people who can't pay their bills or people who don't have enough food. There are people that are. In a bad situation because their kids are home the trying to to learn online apparently or both parents have to stay home to take care of that we've seen eight, hundred, sixty, some thousand women leave the workforce. So you know that it's a problem that's cascading downhill and so we need that stimulus now look no deal is perfect and hopefully, Biden Wednesday will be an opportunity for the Democrats to address these issues that they want money for afterward I mean, we're talking about from October sixteenth to January twenty first let's get money in the hands of people. Let's get the stimulus paid. Now the American people need it we can deal with the rest on January twenty second. Okay, thank you mark. We'll have more with when we come back..
"mark cuban" Discussed on The View
"Mask? And Shark Tank Star Billionaire Entrepreneur and Dallas Mavericks owner Mark Cuban is live to talk about advising the White House on reopening the economy, and how he says the idea of a president Cuban was first floated by now president trump. Here come hot topics with Whoopie, joy, Bay, Har- Sunny, hostage, end and Megan. McCain. Now let's get things started. Do! Good morning and welcome to the view. Good Morning. Lovely. Thank you. I wanted to add a little lever thi this morning. Because when we left the show yesterday I was so sort of overcome with the news that I could not spit out what I was trying to say, and I was trying to. Let everybody know that we lost renaissance. Man The renaissance man of comedy, and of so many other things, call Reiner, so I wanna just take a minute to do it now and I know joy. You have a connection with Carl as well. Is that right. Yes I had dinner with him. And I interviewed him a few times and Do you want me to say on the bottom right now or you want to their? Head and call, and you know the one thing that I want to say about cars that he taught us how to grow old gracefully and creatively. That's the thing I will remember about him. But at ninety eight years old, who was still tweeting and and doing writing books and being being creative, and when I asked him about did he consider himself legend this? This is what he said he said. You're a legend in somebody else's mind. You're not an icon. You're not a legend. You're just an old Jew. WHO's trying to make it? The only thing I'm thankful for is that I can still think he was funny and wonderful and self, deprecating and brilliantly talented, and we will miss him. We still we miss them already. Yeah, so he's you know he's one of the first people met. When I started to my show on Broadway because he was a friend of Mike Nichols and so one day after the show. We're hurting and Mike says well. Why don't you come to lunch with me? I got a couple of friends and go. See my I'm going to go. See Carl Steve and Paul and I. Say Oh. Okay, because I know, people name College. Stephen Paul, and The restaurant and it's call Reiner Steve Martin and Paul Simon. And I thought Oh. This is a brand new world. So I got to sit and listen to these guys just kits and I worked with him when I did Carol Burnett. Special I. Just you know and I worked with a son with rob I. Just he was just part of the fabric of my life and there is. Nothing better than a man who gracefully goes and continues to laugh and continues to make you laugh and I just you know you look at his work. He did God with. George Burns the Dick Van Dyke show and he just. He was like no one else, and he will be missed, so that was what I I was trying to say. What joy was would've said if I had been able to get it together yesterday. So that's why I'm wearing the crown in his name. You know so. There's been a crazy. Yeah, you're right. You got anymore. You know just. Never, an icon pass says. Yes, yes. Okay, so there's is an alarming rise in covert cases in more than Thirty States and yesterday Dr Fountain gave us. They gave the Senate of really disturbing warning about how bad things could get. This isn't the first time he's done that, but see what he had to say. Take a look. We can't just focus on those areas that are having this surge puts the entire country at risk. We are now having forty plus thousand new cases a day I would not be surprised if we go up to one hundred thousand a day. If this does not turned around and so I am very concerned. And a lot of Republican politicians, so joining the chorus of telling people. Now is the time to wear a mask. Do you think they're getting on board with it, is it? Is it, it's about time, or is it what the hell took so long? What's your opinion joy? Oh, my opinion well. It's so interesting you know for for months they've been protecting trump and they bring prioritizing the economy over science. Especially, pence is now wearing a mask. Who spent the last three months saying it was a you didn't need them. But now that they see that the trump's poll numbers are going down. Precipitously. They have decided that they have to say to save their own butts. And so now they take putting the mask on. You say I think it's politically a public politically motivated myself well. They're worried about the voters and the worried about the Lincoln projects these guys. They're petrified now they they took the wrong road and they. Know they have aided that they have aided and abetted this president down the rose to destruction, and we are all in this sinking boat with them until this country gets it together and says we need leadership. I say, vote them all out all of them. Every Republican running will. Will there be a cultural shift. Do we think now that people are seeing that people are dying, and specifically because we're not wearing, masks are promoting the spread. Do you think that's what people starting to respond to sunny? And why do you think it took this law? I don't think there's going to be a cultural shift and I think I don't think there's going to be a cultural shift because it depends on where people are getting their information from. Will people get their information? From Dr Foul or will they get their information from where they consume their media? There was a really interesting article in the Washington Post over the weekend on Saturday where they've been three separate studies that have determined the conservative media, misinformation may have intensified the severity of the pandemic, and what was most interesting to me. According to one of the studies is that the infection and mortality rates are higher in places where. Fox News's Sean Hannity reaches the largest audience and. What was also fascinating was that? Even. Laura Ingram just yesterday, said a reaction to Dr Ow GS pronouncement that we are in dire straits right now we could have one hundred thousand cases day. She suggested without offering any evidence. Tobacco proclaim that foul is working for Joe. Biden and she call Dr Doctor Doom. And basically said you know for all we know. He could be Joe's running mate. So when you look at that and people are listening to these news. Personalities are reading in their consuming, this type of conservative media that still going to be downplaying wearing masks, still downplaying the numbers..
"mark cuban" Discussed on The Dan Patrick Show
"You'd have to wear a suit entire day you couldn't do. W The first thing I. Sweat suit. Why Lord tracks. State of the Union. Commander in sweatsuit Mark Cuban. Why not the protests or at least? Kneeling before the anthem I don't know if your team is talked about this. You got other things to worry about, but is there any policy that you have as as the owner of the man or the NBA has? That would prevent this from happening. Well, the NBA's got policy that you're supposed to stand. And face the flag during the national anthem, but you know like we were just talking is very collaborative than it open minded and. This is a once in a generation opportunity for us to really impact American society and Change Minorities and African Americans in particular are treated and so i. don't think you stand on legacy items in Ho to you when you have such an amazing opportunity and you know I haven't had a discussion with our players about this, but this is their league. They drive this league one hundred. Hundred percent and I'm going to be very supportive because again you know when the pandemic I hit. When we closed down all night, we were playing. That was bigger than the NBA. That was the health and safety of everybody's. You know now. This is bigger than the NBA as well and so we have you know. The players have a platform to get to really show what's. In oatley. have an impact on race relations in this in this country and so again. That's that's far more important than you know. Some rules that were established in the eighties. That may not be relevant today. I wanted to quote you correctly. Are you planning on kneeling? On you know I don't know if I'll be allowed to be down by the floor, but if I can show. If I can be act in unison and show support for players certain. Would you make Kyrie Kyrie? IRVINGS comments here Mark I. Don't know I. Mean You have to ask highly on that? I'm sure he's got his. I just. Know Irene all end slow. When you realize that your star player was out of shape. Did you place a phone? Call to your star player? On new look. It was working out that stuff about him being out of shape. Yeah, 'cause we look I text all the time, and he's really proud to show me workout pictures, really proud and Lucas lifting weights. He's taking pictures. Trust and wait so when you get sell fees. And Your Wife said Oh what you got oats, a Selfie and it's actually. Got Somebody with their shirt off. Oh No, it's Luca. There are no. What are you wearing felt? But. How did it come out that he.
"mark cuban" Discussed on The Dan Patrick Show
"This is it all comes down to the science and trying to do whatever we can to keep everybody safe I. think if you look at your own home or what you're doing their, you know when you have a controlled environment, you feel safer and as long as people adhere to the program. We hope we should be okay. You know it's when you get the operational scenarios that we can anticipate that I think creates some risks, but i. you know as long as everybody's on board. I think we can pull it off. Are you going to be there? I will be there these part of the time. We're shooting shark tank. We're finally opened up. Allowed the. Shark tank, so we're trying to squeeze it all in. I try to get the mothership to allow us to start tank. Since it's an ABC show at Walt Disney world, but we haven't been able to that. We're talking to mark Cuban the mavs owner I saw a stat I don't know if you even know this. The best winning percentage for an NBA team since two thousand one is San, Antonio. Second worst. That's pretty impressive. Yes up until the last few years. We're pretty good, but you know having a big tall German guys certainly helped. Yeah I mean I screwed up some things leading national overall. It wasn't a bad rupp. Didn't I give you grief about getting rid of Nash back when you got rid of. Service! I at least do it to your face mark I, don't you? Know. I off forget if the if you we've talked about this before when you were interested in buying baseball team, but if you looked at this as a businessman, what's going on in baseball if I? Had you have the the commissioner in the head of the players? Association and you're the arbitrator. How could you bring baseball back? That made the most sense and we're just talking financially because I. Don't know health wise how we're going to be, but financially. How would you do it? It certainly from the outside of gears to be a matter of trust and I can understand why they don't trust them. I'd be looking at my experiences with them. You know it was very much. Particularly under bud seal was autocratic. It was you know his way or the highway, and he'd give or take graphics away in so when somebody's in. Businesses run that way and I I. Don't know if the current folks are doing it the same way, but when it is run that way, it's really hard to trust in the only thing really you can do is open the Komodo, and and with all your economic information on the table and let them see exactly what's going on. That's not I'll baseball prince. Adam silver, though has that trust on both sides? It appears that way I mean. You do think that he has that true trust on both sides. Yeah, he's very collaborative. He's a great listener. He understands what the bigger picture is not only just for the NBA, but also for players and for the sport basketball globally. You know and I think he takes on that responsibility, but you know Adam is not set in his ways. It's not. My way or the highway is very open to suggestions, no matter where they come from. The way who would have been your running mate if you're running for the presidency. You available no, no! You don't want to. Knock! You've got that far and you. Know you gotTA. You GotTa Win The Game I. You'd have to. You'd have to wear a suit entire day you couldn't do. W The first thing I. Sweat suit. Why Lord tracks. State of the Union. Commander in sweatsuit Mark Cuban. Why not the protests or at least?.
"mark cuban" Discussed on Squawk Pod
"You tested out in test tubes in mice you'd find out the antibodies that really work And then you can purify them and with a a manufacturing plant that maybe cost a billion dollars you can then begin to grow them and tanks which are called bio reactors and what you have left is an antibody drug and it looks like it's amazing. It looks like water. It's actually purified water. That has maybe two or three different kinds of anybody's dissolved in it This is called an antibody cocktail and it is then given to a patient who is sick with Gerona virus if all works if this you know. There's many a slip between the cup and the lip but a lot of different companies are working on this now. That all works the antibodies. Can you know in principle? Knock out the virus really fast. So this happened with bull and One company developed a drug It was this little antibody cocktail. Just water you know. Looks like water? And it's infused into a patient with a bag of saline solution and the first patient who is given the antibody drug Was actively dying you. Bola of this was Dr Kent Brantley an American and He was really in the throes of death when they began to administer the drug and he turned around in ninety minutes ninety minutes after it started getting grat. He sat up in bed. He had not been able to move at three days And he got out of bed and he said I'd like to go to. The bathroom went to the bathroom under his own power. So these drugs. If they work they can reverse They can reverse the disease with remarkable speed. They basically kill every virus particle in your body. now You know but can we really do this at a large scale? That's a whole nother question Now there's a company called regeneration Is working on this number of companies But you know at best If all goes well maybe by August we might have the ability to manufacture a hundred thousand two hundred thousand doses of an antibody drug. Now that's not enough to everybody so there's GonNa if this works there's GonNa be a big question. Okay who gets the drug and you know it'll be healthcare. Workers Healthcare workers who are infected patients. Who are really sick and could die and the drug at best could save some lives. But it's not going to be an ultimate solution right away now looking to the future. Let's let's talk a little bit more about the next pandemic because this is a process of nature. There's going on right now. We're in the middle of kind of viral storm. These storms come along. They're coming along more frequently because there are a lot more humans on the planet and we're now crowded into these giant cities you know it's a perfect Petrie dish for a new virus. Get going but in the future We can hope that governments and companies will invest enough and do enough research so that we can have kind of ready made platforms for antibody drugs and also for vaccines so that when the next pandemic comes along We can respond more quickly. We can make more of the drug. We can get it to more people more quickly and you know we can. We can damp down the effects of wrandell this way. This is the future You Know I. I write a lot about of really grisly viruses horrifying given circumstances but through the matter is that I'm richards. Yeah Richard Question to you about antibodies but really in the context of this concept of herd immunity and we seem to be getting conflicting information about what happens once. You've had the virus whether you're genuinely our immune to it whether you're immune to it for a period of time whether that's days or weeks or much longer from from the research that you're doing what what are you hearing. What are you seeing given that? We seem to get this conflicting conflict news on that at the moment. That is such an interesting question. We don't really know if antibodies low if you can get sufficient immunity to this virus to guarantee that you won't catch it a second time we just don't know that And so that's a big question. Mark about the antibody drugs. May Corona virus is slicker than some other viruses. Maybe it's a little better innovating. Antibodies in the immune system. So maybe the antibody drugs won't work quite as well. It's it's just a question that you can only answer with science. You can only answer with controlled clinical trials that that takes time. What is your point about how we didn't really handle a bowl of that? Well the first time around over in Africa Richard and there are cases again. And what are the possibilities that that I mean if if this was a bowl instead of krona virus? I'm not sure I'm not sure where we'd be as a society is that possible. And what did we do wrong a couple of years ago because we got rid of it but now it's it's reemerging in Africa right now I think. Will you know you were talking earlier about how we weren't? We weren't really thinking and ready for the pandemic and you know it's understandable. The same was true with Ebola in Africa. You know and it I broke out in some. You know rural hospitals in Africa and it was killing people like flies. It turned out to be as contagious as the common flu So we're talking about a potential nightmare and When experts began trying to warn people in Washington that a crisis in a small forgotten hospital in Africa is actually a crisis for North America. People weren't prepared to listen. I think the we and I mean we as the human species have to kind of get a different perspective on nature and on these pandemics the human species right now is fundamentally fragile. And you can see this. In the corona virus pandemic which began with one person. One person probably somewhere in Wuhan China who got a cold from Bat. Got A bad sniffle and you know months later. The global economy is having a heart attack and It could in theory. I suppose had happened with Bulla. It has it has happened with corona virus and there will be others in the future So We do ourselves a favour if we think hard in law about a how to harden the medical system and how to hardened public. L. To deal with these emergencies A combination of that and a really quick technology platform as we are. Our understanding of immunology gets better and better. It will be possible to do this more quickly. I would think I mean we. We are able year. We'd try to deal with seasonal flu. And and and and we. You know we didn't know in nineteen seventeen or eighteen. We didn't know that. The Human Genome Watson and Crick worked hadn't even discovered the structure of DNA at that point. We didn't have antibiotics. I don't think so so. Hopefully we'll be able to because that's frightening to think of a bowl if this was a pandemic of bowl because the mortality rate so much higher it would be literally like scientists that science fiction. You wouldn't leave your house without a full hazmat suit. I guess so. Suddenly the world has become kind of science fiction eight in a way but it bad no doubt you know. It's both twilight so now it's also time when technology can really make a difference. No no no the jetsons would be better for me. Flying cars this This this is the wrong Science fiction future anyway. Richard present author of crisis in the Red Zone. All your books have zone in that you know these are bad zones hot zone crisis in the red zone We appreciate it. We'll see again. Thank you coming up. Mark Cuban the shark tank investor on getting much needed assistance to American entrepreneurs we're at an inflection point for money has to get into the system told small and medium and even large company retained their employees. Squawk pot is back after this. You're listening to Squawk pod. Here's Becky quick. Economic Pain from the corona virus has led to government promises of billions of dollars for big American industries but that has renewed debate over whether or not bailouts are appropriate on. Cnbc late last week Social Capital CEO. Paula said straight out that he thinks. Us airlines should not be bailed out the people that get wiped out or the speculators bet owned the unsecured debt for the folks that own the equity and by the way. Those are the rules of the game. That's right because these are the people that report to be the most sophisticated investors in the world. They deserve to get wiped out. Joining us now. Is Billionaire investor? Mark Cuban of course you know. Mark is the chairman of access. Tv He's also the owner of the NBA Dallas Mavericks Mark. It's good talking to you. Thanks for calling into Becky you know mark. I want to start with what Jim was. Just talking about. This idea of now everybody asking wind we open up again what what comes next and I think the NBA was particularly precedent. I would think it was the NBA Shutdown. That really kind of alerted the rest of the nation and make people sit up and take seriously. I remember the video again watching the game as you got the call that this close and you're kind of stunned reaction and I remember that's the same way I felt at that point. That was March eleventh looking at this trying to figure out what comes next. You guys have your own experts that you've been hearing from. We've we've had people like they'll say they're not sure that you're going to be getting people going back to stadium's going back to arenas but what are you hearing right now. What do you think happens next with the NBA? Because I think we're all watching you guys closely getting the same information everybody else's uncertainty and there's no way that will let fans back in players back in staff back in till we're certain that they're safe.
"mark cuban" Discussed on Get Up!
"Fragile it is. It is a player that is in our league that you know a lot of players have come in contact with So that's a concern and that that's the prudent as wise prudent for Adam to suspend the season two we get a whole grasp of it. This is people's lives at stake. This isn't about basketball. This isn't about the Mavericks. This isn't about you know. When did we start or do we start? Or How do we start? This is this is a pandemic a global pandemic where people's lives are at stake in a lot more worried about my kids and my mom who's eighty two years old talking to her and telling her to stay in the House on than I am about when we play our next game. That's of course mark. Cuban he's going to join us live in ten minutes. I wanted to bring Matt Barnes into the conversation for a variety of reasons. But first and foremost you were sitting here yesterday and you told us that you were draymond. Green Birthday Party on Saturday night. Would you share with the audience here for those? Who ARE NOT WATCHING yesterday. What the conversations were there? It was everything but that and they're very high profile people throughout the NBA. In the in the music industry there were there and I didn't hear one conversation about the corona virus at all in fast forward. What three or four days later? And it's an epidemic now so it just shows how fast type can change I. I think that's informative. Just if only to give a sense of how quickly things are moving quickly. Things are changing. It brings back the point and I can see you. Sort of shaking your head. Every time Laura's interviewing Jeff Passan and she saying for the moment he is saying in that moment for the moment. Everything is scheduled to go on as planned read earlier. This morning. The Players Championship is going on as planned. And I can see out of the corner of my eye each time. Someone says that you shaking your head. I mean I was just actually during the break in touch with one of the most prominent. Nba Referees said that. We're dealing right now with trying to get our guys tested. Obviously Courtney Kirkland being involved in that game last night led to the suspension. The concern over here is is so many different layers to this and it's it's so much more than the surface layer that we see and again. I'll just repeat myself. Do not be on the wrong side of history. Do not be late because you were trying to save a little bit of money or trying to make somebody happy. Be early in these you if you read. What happened in Italy if you read? What happened in Korea? If you re what happened in in China the faster that you can deal with this the fast you can get it contained. It worked out better. There has been success. In those countries specifically China and Korea by getting it contained early. We have to learn from what they did and they shut down their sports. And that's just gotTa happen. It's not a negotiation at this point anymore. You've got to be on the right side of history of this. I don't know what any is there. Any possible reason for delay. Pj Championship is the highest profile event on the PGA tour because players from the entire world. Come there everybody was in planes getting their this it's not even comparable to the NBA. This is a no brainer situation players championship going on as the players on the course right now in Ponte Vedra Florida. I must say something as it pertains to mark Cuban. You don't think Mark Cuban wants to make money like markings made money his whole life. He loves that it's like what he does is. We wakes up this what he breathes for the fact that Mark Cuban is came out and said we have to do. What's right in the best interest of our players in protect our families and our staffers? That's bans insights into the of this. He is becoming the face of the league. Because he's on the right side of history just like you said and he's making a stand but what's right. We will have mark live as I said. Just a couple of minutes here and so much of what we're saying. I think runs contrary to the way. Our minds are trained to think because sports has always been the diversion that we used to get away from problems that we will be again Greenie. It will be again. But it's the Flu Vaccine Horn understand suspending something. And cancelling something understand that. It's still going to happen. It's just right now with suspended not cancelled okay. We will take a very short break and then we will mark Cuban into this conversation he is an NBA owner. He had a lot of comments last night. That was his reaction. When I saw that the season had been suspended you will hear his thoughts this morning when he joins us live in. Just a moment here on get up plus the NCAA tournament as we speak skill scheduled to be played the men's and women's tournament next week should they be Jay. Bilas will answer that question as we continue with you get up on. Espn WE are back.
"mark cuban" Discussed on Pardon My Take
"There's always someone trying to crack everything whether you're from Iran Ukraine Russia a China United States. But the good news is because we have the most cloud and processing power over here. We still got the edge. What about cyber cyber is still rolling? You can still hit me padlock maverick. Yeah no what's called dust now but yes called messaging. You can hit me up on there and try to answer. I actually answered more of those than I do. Email okay blog industrial blog maverick. I like Dustin. Yeah I still do a ton of business on there because it's like like when you have a face you walk outside. You have a face to face conversation. There's no record of it right right right you know whatever and this is the equivalent when no matter what. The minute You when you're done with a dust conversation right right you can delete it right then or at least twenty four hours never touch on what's happening telegram. Whatever they save it and if someone crips it someone else can go get it? which business back? That's not good. Write only memory in the servers and when it's gone it's gone forever the FBI. Nobody can get a back and so it's just like a digital version of a face to face conversation station. I liked that I liked that a lot of dust messaging. You grew up playing rugby. Yeah what position were you start off a second row got the shit kicked out and then I went to wing forward and eight minutes. Okay cool I played for like ten years. Yeah played the sport. Yeah laid down in Texas for a while but Austin on the Austin hunts. Oh Yeah Yeah. We were pretty good for a couple years there. I play Dallas Harlequins for a while and then the reds okay. Yeah I played against both those teams. I think there was I want to see Ryan moats yield. NFL running back Maha played on one of those is teams in his first game and absolutely let the shit out of me. Oh it's like semi horizontal tackle But it's it's been one of the things that we have as a running joke on the show that rugby is a sport sported future. That's actually not the Joe. It's one of them so it was Osmond and I love it too. I wanted to grow but it seems like it's one of the sports that like it's almost like cult status. It's big in if you played it. Yeah if you played it well no it. You love it right. It's tougher to to get going but it's as it turns out you know Major League rugby it'd be right guy who worked for me for fifteen years just George. Gilbert just became the commissioner. And so they're in good hands. Now you gotta get sponsors and you've got to learn how to sell it and he's a great salesperson so if it's going to happen he's the guy to do it I mean I'll go to games are watching Mike when they're on TV. Watch the game. I'm not a seven guy though so so I'm a I'm a guy. Say Yes when you watch these guys beat the you know just like we played and so I'm I watch it every chance. I get World Cup like Stephen Adams comes through I give them the shit about you. Know why the all Blackston go anywhere in the rugby World Cup right yeah. It's it's one of the sports that I feel like it's hitting hit hit a ceiling. Several Times I just don't know if it's ever going to get to that next stage got a chance to it really depends on who gets behind it. They're getting better owners now and like the sad thing is like I'll probably the most famous rugby player in the United States. Right that's all sad. It is It's probably me now actually. It's probably true and I'll hand you the crown around willing but like I I you as Indiana's really pissed because most of the money that I give the school with the exception of this media thing is all the rugby team. Yeah you know and it was going to ask about that yeah. I haven't you made Indiana basketball. Good again you can. I gave to the media. I created the Cuban Media Center So that they can create recruiting videos and use internal analytics tapes and I gave them all this equipment zone. Yeah no but it's true but I you know coach Miller. It's his deal right. Yeah but you can you you could. I know how like college recruiting works. If You have a college coaching works. You could just just hire Steve. Kerr recruit the right guy. wrote a big enough check. It's not even that right. It's there's lots of great coaches that are out there. But you got to recruit the right guys and if it were that easy. I'd do it right but you know hundred million dollars to coach. K B the Indiana coach. I don't think it'd make a big difference. I think he'd do it. Yeah I don't think I don't think he would. What about what about bring Tom Greenback Tom Cream? That's why I love Tom. Cream man. That was really the last time I really connected with. Iu On basketball. Because I thought it was a great coach right no idea why they got rid of a great person in two hundred million dollars Brad. Stevens bring them home. Yeah I mean I don't think move. I don't think you'd move that much money and you saying if I had your money I'd be throwing all try. Yeah I'M NOT GONNA do it for I mean I don't mind money but hundred million for the basketball program. How cool be like? AH The final four. I've been four. Buy into the final. I never got about like you know wealthy benefactors and stuff for college football teams that we'll write these five six seven million dollar checks and then they just do it so that they can root for a better team. It's like it's my want. Want some of the upside. Well no no owner. Who for the team? No matter what right I want them to win. But it's not like the mass. I live and die by every game right. I you you want them to win. I love watching the Games right. You know but it's not gonNA make a break. It's a difference between rich and super rich because Subaru guys by the team. Rich guys can be booster almost mini. ownersh you just can't really own a college team but I'll tell you a story here store. Yes I'll tell you story so before. The college playoff system was going around. I was with a group and we're putting together own college playoff system right and we were going to buy in and doing and then that kind of pushed them to create the College playoff system. I'll say I'll take credit for it whether or not but I also called up a couple of conferences and I said what if we wrote you a fifty million dollar per school check to take over basketball from the NC double ways you and leave. You won't be able to be in March madness and you won't be able to be the final four or anything but you're going to get a fifty million dollar cheque right off the bat and you're GonNa have a better deal and we're GONNA own your conference and it's just going to be like rugby just going to be a separate business. And they just they were. They were terrified so scared. Yeah did shock them into some change. Though what I don't know but you know it's like imagine the kind of the format would you create a company called the big ten big ten inc right and you write the checks to all the the teams all the schools and not only do they get the check but they owned part of the company right right make sense right think about it. It's just the changes. He just too scary. Think about it. I like that. I'm thinking about right now. Work what do you think about the prospects for the XFL to succeed. I mean got a chance right because it's again what you football. It's twelve minutes right so it's really easy. It's just you got to get the right cities because there's some cities that support football twenty five thousand people show up no matter what San Antonio they're gonNA show up no matter what Memphis they're gonNA show up right So if they can get people to show up so we're looks good on TV and they get some numbers you know they can last you know they gotta keep their costs lower like the guys behind. What was it a they have a NFL AF yeah? That was the biggest part is we thought it was like an insurance company L. OR A. They tried tried. They had the right idea but they want you know I remember talking to them and it was like you got to get a deal where you can sell your players to the NFL. You know I'm like it's like European basketball. We'll pay seven hundred fifty grand to the team to get Luca out of his contract right. You got to set up a deal where that way you're truly a player player development league and if when guys go to the NFL you're making money right and you figure ten twenty thirty and if you're making seven or fifty grand pop up right. You're getting that's enough to help support a league. And they just you know we can't see how to get there and the NFL won't do this or that right. What if they were to like pay? Trevor Trevor Lawrence is superstar collegiate athlete. That has one year left. Pay Him like thirty million dollars for one season loser ass and the XFL. You think that'd be a bad investment. Yeah people you know. There's only a few basketball players that people pay just to go see some go to for the experience of the game right And football is even more so like that. What do you really go to Tom Brady play? Are you rooting for team city. Ask a family tradition. You're rooting for the Jersey. Right you like going. I went to the Games. You know Tradition of you like going with whoever you're going with you just it just doesn't work that way. I mean I get to look at the mavs numbers and I know which visiting teams draw fans for individual players and it's far fewer than you think you know more about selling our experiences people. Well if you think about the last time you went to a bulls game last year. Was the score fuck. I don't know exactly. Who are you with who you with ars with two buddies of mine and you had a good time? Yes time. That's the whole key right. You don't remember scores. You don't remember the dunks you went. You went y'all drink in hanging out having fun checking people out. The Games have lost the Knicks which is bad because but you get the point and football is like okay you go to root for your team and just twelve minutes of action Russian and maybe since there's only twelve minutes you remember this run or that pass right but you don't. You're not going to see an individual player paying Trevor Lawrence or anyone or any five once isn't going to make the difference house new hip. Both of them were good man. I've got two of them. Two Thousand and seven and two thousand thousand fourteen. I'm outplayed the only. I can't play rugby. I go back from my old boys games. And that's the only thing scares the shit. I'M GONNA pop out if I hit somebody. You actually still try to play. Ah playing the silverback said No. No no no no no no. I don't play in the all boys games anymore. I played I played one half after I got the first one done and I'm like no the just grabbing couple pick up. I still yes. hoops playing a game going. I can still shoot. I've worked with mass shooting coach so got even. I'm better. Oh Hell yes perk yet. Problem is like you hit a point one one year. Like your jump in and you feel good and the next year or it's like you got can't stop and you got no bounce right. I've heard of those hip surgeries. You can just like walk out of the hospital later on that. Yeah no I walked out. You'd taken drugs right but I was walking that same day if you go back in my instagram account. I like like Tag everything that I was doing and track it and yeah I mean same. DEOs up and walk in next on crutches. The next day I was I was good. I remember that that's because I remember your instagram. Being like fallen doing all my rehab and everything and it feels a thousand times that are right. Get One get one on the plane when I would wake up you feel thousand times better exactly all right. This has been awesome. It's one I got one last question. seekie question put him Promo Code. Take ten dollars dollars off to a maths game. Go mavs game ten dollars off do it. Don't take money out of your pocket seek now. Are you the oldest person on talk. No you are big on tick. I love to Polish with that. Are you bullish on all all of our identities. Yeah who cares. I don't give a fuck deciding. What what are they gonNa do you Mark Cuban. Whatever what are they going to do right mark you I guess but like what a matching out our faces a and right?.
"mark cuban" Discussed on Pardon My Take
"PMT and here. He is Mark Cuban. ooh Okay they were go go. It's the boss man eh up we now. Welcome on Mark Cuban a guest. We have been lusting after for many years. I guess well Oh ooh this video. So you've I've wanted to come on part of my take for very good. Yeah that's true and it so happens. We are in Miami. We're taping this right before the Super Super Bowl. The Penn national deal gets announced and a lot of congratulations. Come my way all of a sudden I look at my email. I've an email from Mark Cuban and replying to an email asking him to come on. Pardon my take from two thousand seventeen. That's a power move. Just reply to a three year old like like wasteland three times you gotta take your time to get it right so you replied and we have. We're GonNa talk about everything but we have to at least address this at first because because you had an opportunity not only to invest in my brain but to have half of Barstool for free. Yeah any buyer's remorse. No because because you wouldn't have even had to buy it. No because who needs to fucking money. I got plenty of that Shit. You don't want two hundred fifty million dollars one sixty don't exaggerate. Oh he looks the deal l.. You looked at the deal. And he don't own it all on the shark tank. motherfucker cuts sweet. So did you I mean do you remember when we came in. Of course it's yeah I mean that was one of the best gifts ever think about. It was real. Well you know think about trademarking. Think about thinking about it. All you're using your years right. I owe you money. But you didn't trademark. Think about it but I did. Hey of course you did. I was actually very upset with video because big cat. This is before I worked with bars. Yes seacat hit me up. He's like Hey I'm about to sit down Mark Cuban. We're going to pitch them stuff. Do you have any any ideas I gave him a great idea which we've subsequently pitched Rob Gronkowski uh-huh who loves it. Yup but you shot it down and about half a second. It's called protein. Yes okay okay. Protein it's an after workout drink. It's got alcohol in it still sucks. It's got you got caffeine in it. So what you do you hit the Jim you work out you drink your protein. You get your alcohol because you're ready to go out for the night and you've got caffeine in it to get you going for the rest of the evening so I feel like it's an all in one drink. Thanks for local with protein. That's exactly what I'm going to college. Kids would eat that shit up and I was a little bit offended that you that you shot down so quickly deal with it if you had to. It is going to hit. You were just you know. It's just so easy because not everybody likes the same kind of alcohol and so you can go four local. If you just want the buzz and the buzz right type or you just whatever can you like like I'm invested in this company called. Bs Be Brown Sugar Bourbon. And it's just amazing right. It's going to take over it's you you know it's just good check it out and so I'd want my bourbon in their gronk might want something else you might want. Vodka Vodka probably goes better with what flavor protein right and in your caffeine. That goes with it. There's just so many variables you just see when it comes to mixing Caffeine and alcohol. You have to be precise. There's some regulations. Does that come in dangerous so I just pay off those motherfuckers so you do the thing that makes me happy though is that you have been thinking about. I think I think about it has been rattling in my mind. Yeah on five years now. Five years think about it God. Damnit that's actually better than you buying us. So do you regret though. Oh not investing in my brain because I I remember I was having some Gammel too much and I I needed the cash and he'd get liquid fast and I was going to give you ten percent of all future earnings for one million dollars. Yup Do you regret that. No that was a mistake because you think I would have just been lazy after you gave you the money. Sometimes as you know you said you wouldn't liquidity. I wanted you to starve and struggled to see you. Look where you got you. Yeah right because if you're not against the wall was shit you learned most shit ain't working right right and you have to hustle the most when you think it's the darkest and that's where the best entrepreneurs learned the best lessons so you owe me money for saving your ass. It's it's true and in that video was very funny because Dave Pitts Barstool to you you blow the down to guys are in the hard Dick Business and you told well Dave you're like do you have a great product but you work too hard and you to find a way to make it easier to make it bigger and I remember Dave when when you said No. I'm not investing Dave walked out and he's like mark. Cuban likes us. I just gotTa keep grinding. It's like no it's the opposite what he said. And finally we realized you know we've hired two two hundred fifteen yup rats man a ton of staff and every every step along the way I have my first company I was twenty four time and we had eighty four thousand dollars in the bank. And this lady Rene Hardy Right. We all set up. I thought I used everything learned India business school and I'm like okay for our accounts payable. We print out the checks nice to the vendor. And we just give it to Rene and Rene is going to put it into little see through envelope. Licking mill right hugging. Rene Hardy takes it to fucking old typewriter whites it out puts her name on it. Takes it to the bank. Bank caches. The Shit right so within one day we went from having an eighty four thousand dollars in the bank to having two thousand dollars in the bank and all these vendors who were pissed right that we had to work through it was it was it was fucked up but best. That ever happened to us because it made us get our shit together and then you know that company turned into a thirty million dollar company that turned into another company that turned into streaming. That turned into the math right. So you you gotta you gotTa be against the wall to really get going right. And that's nice. I left you to grandma talking bank right so I go to the bank. And I'm showing them the checks and like take this this lady white out her name typed it in and you cashed. It Old Texan do motherfucker. You Ain't got a pot to Piss in to what you gotTa do all twenty four years old and there's head of the bank and I'm like damn it should be some regulation that should force banks not to take checks whiteout. Well you know what that's why you never see that anymore because we changed the law right there you go a long time ago. Yeah longtime ago. That's crazy story. You and I are not so dissimilar you might not believe me right off the bat but you got your start sold software right. Yeah I was. I used dog salesman then. I sold a software. Same Thing Chris you saw dogs to know just software whatever. Yeah whatever you hands on yourself now. I'm doing this now. I I've worked my way up to the point where I own a Lacrosse team with big cat we own a A basketball team in New Zealand New Zealand breakers NBL. Yeah wait. Is that with Shawn Marion he's partner and my ultimate goal is to own the Washington redskins so I need some advice from you you about how to get from where I'm at right now to get to my ultimate dream. Which is taking that team from Dan? Snyder you got to find an angle right because you got. Oh you got your audience. You've got your partner now but now that you sold it right. You need something to get to get the cash to do that because they ain't going to be cheap right so the biggest fortunes winds are made with two things some something that somebody does where everybody says. Fuck why did I think of that. And then you need a little bit of luck like we were come up with streaming but the Internet stock market wasn't happening. You know who I was. I'd have a nice little streaming business but you know. I made a Shitload of money because I was lucky to stock market was happening. So you gotTa have the right angle where everybody looks at and goes damn if you come on shark tank. Those are the best deals like. I thought yeah. What about this Uber? Right but with the dog in the car. So Uber picks you up and there's a puppy that you also have to be capable of doing these things and so I've got connections with all my vendors back in the day so I can. I can try you go ahead and try and maybe Daniel Snyder needs the dog in his car and you guys will work out and then the dog kills Dan Snyder and then I take his team it is. You said some of those interesting though because I feel guys in your spot and maybe not everyone but a lot of people in your spot who've had a ton of success they don't they will not acknowledge the luck and look I mean. How much do you think luck played a part in every so I was rich before I got super rich right? I saw my company records. Yeah there's one like my first company. I was twenty nine by lifetime passing American Airlines Party. Like you know I can just travel anywhere. Cost me nothing. Just my goal was to get fucked up with as many people as I possibly could around the world and I was really good at it and then I started. Trading stocks may twenty million dollars due when that started hedge funds sold debt. Then we my buddy from Indiana came back and it was like the Internet thing was starting to happen and this was ninety. Five and net. Let netscape had just gone public and it was just like wow. This whole Internet stock market took off and I never thought we'd go public right. We're just going to run a good business and see where it took us. But but I mean that's where it really really happened and I remember I'll never forget We went public in July July. Eighteenth Nineteen Ninety eight eight and I remember saying to my partner. Todd Wagner that the stock gets to three hundred right it was at fifty something stugotz three. I'M A billionaire. He goes. Shut the fuck up. There's just no possible way. And then the Internet Stock Mars Bananas. It goes beserk and and I remember sitting in my house in Second Bedroom..
"mark cuban" Discussed on Holding Court with Geno Auriemma
"Hours. He was on every newspaper a guy that never even knew who he was when he was in high school. Now all of a sudden knows who he is said. Don't tell me how much would it cost is to get that kind of that kind of exposure. Now as you know is well with these new rules from the NCAA. He might make more staying in college. Ah I mean think about it he might just like just your Your freshman at Uconn and you're that good and and you guys win another national championship or menswear another national championship and the kid is looking at being drafted and to the first round. But because he's just a or she's just an incredible impact player in the NBA or or in college but might not be as big impact player in a or WNBA right. So there's a good chance you know if they're getting drafted at the end of the first round in the NBA. Since I know the numbers there He's making a million dollars a year. Well if he stays in and they have a chance to go and win another national championship and he's able to sell his image. You know sponsors. He can make more than that a lot more. And so you hopefully will get kids staying in and becoming better at their craft. Because they'll make more money from their image from sponsorship Then they would go into the NBA. which will or WNBA could be even more so you know because they don't make a ton of money in the WNBA? Yeah you you can end up. Having Kids WanNa stay longer you know six seven th year. Yeah Yeah right right right no thank you the last thing last thing since this is this is low. Obviously where where you are right now and where your team is is right now. You may have one one of maybe the top two or three exciting players in the league. If you have somebody said to me you know who are the most exciting players in the League to watch right now you know. Obviously you know Lebron's always going to be on you know in terms of excitement and what he brings and The kid from Milwaukee just off the charts. He's like yeah. I mean there's just so much fun to watch. He does so many things. And then your kid Luca you you know for twenty years old and the things that he's done already and how he does them. I mean like this is taking the game to a a whole `nother level isn't it. Yeah I mean it's crazy that he's only twenty years old is crazy that we got him Because you never know right you know the best laid plans you know any the kid girl guide. Whatever sure you just never know? And what's crazy about him or two things one. He loves the game. Love the game. It's like if if you were playing pickup and you were Yukking it up with with the guys that you were playing with. And he's firing up shots and doing stuff. You're just cracking up while you're playing and you just love and basketball basketball. That's what it's like watching him every night. That's what is his teammates. Love about playing with them and two for twenty. The patients he has on. The court is just incredible edible. I mean it's just like the game has already so slow for him. That teams just don't know what to do with them and and so you know. Now he's getting two and three guys you know pressing them just to get the ball out of his hand which you know most of the time is making it easier for the other guys but you know just those. It's two things and then like we talked about right at the beginning. He's just got that mindset where he knows that he's got to continue to work in order to be the best that you know. He's still twenty so he's not as disciplined than he's going to need to be but he knows he's got to get there Just to be that close at that age is just incredible. It's so much fun. He's such a good kid. Man I just have so much fun being around. Well he's he's he's skilled. There is in anything he can't do on the court you know there isn't a shoddy can't make Passi can't make and he's he's a tough kid he wants a rebound the ball which a lot of take recognize. How tough he is? I mean he's six seven to thirty to forty and that's not small. There aren't a lot of guys bigger. You know physically than he he is in the whole league. Yeah the worst thing that could ever happen to a young kid is they can score anytime they want because then they think I gotta do anything else. And you know he's going to he wants to rebound. He wants to pass the ball he wants. He wants to do stuff. And the the you know as I said to you on on our on our tax I was at Uva when Riccar lowers air and he was a player and then he stayed on as a G. A.. And and then every Monday night you know we we watch big Monday. You know the the Big East would be playing and it and we would have this card game you know and there was like all these crazy players playing in this car game. You Know Carlisle was there. And and Bruce Arena the World Cup soccer coach. Bob Rallied a World Cup. Soccer coach and You know we had all these. You know they're Larranaga. was there and Dave. was there all these guys you know. It was a great great environment. Armin to be in right. And you know you read the stuff in the paper and everybody wants to. Everybody has a comment. Everybody has something to say I. I can't think of a better coach for a young kid like that. Then somebody like Rick. That's like Gregg Popovich at. Let's Tony Parker or ten Dunkin being fortunate enough to be coached by pop their whole career and mb and told this is what you can do this. What you're great at? This is what you're going to have to learn and there's guidelines as opposed to being someplace where look you can do whatever the hell you you want to do because I want I want to keep my job and I'm afraid that you may leave. I think you guys got the perfect guy with the two perfect kids to build around and right coach You I am man I n you can tell you can tell you know you could tell when when things are turning and you know it. It's kind of like when we have Nash in and Dirk and Lee. You know we knew we had something good. We just had to get out there and play the Games improve it and I think that's where we are now with KP. And with Luca. You know. Tim Hardaway Jalen. I mean we've just got such a good core Justin Jackson and you know not only that we have so much depth that you guys can play thirty four thirty five minutes a game and we're okay and so you know we can. We can sustain it hopefully for a full season and then into the playoffs and that that was our plan and so it's exciting right now. I'm really fired up. Well you should be and I love watching you guys play And and you know people always say which would you rather have to really go pliers? Three really good players experiencing look. I want the best player on the court support. You guys generally speaking put the best guy on the court and have helped us out. We're GONNA come to. We're going to come to the game when we're in Dallas. I hope appear in town. You know I love the love to say hi and really appreciate you taking the time to do this. And it's really fast. I you have me on coach. It was it was a lot of fun. I really enjoyed it and Good luck to you good luck to all your ventures. Good luck to your team and Hopefully as as I said I'll see you in January I hope so and congrats and great. PODCASTS I appreciate congratulations and good luck. This season for you as well. Thank you. Mark appreciate it. Take Care Buddy. Thank you bye-bye world there. You have it mark. Cuban the one and only there isn't anything that he hasn't delved into daddy has inexperienced. There's no business that he doesn't understand there's no Amount of technology that he's not At the forefront of just it's an incredible incredible interview In in terms of what I was able to to learn today and and obviously You know he's he's got a tremendous team. He's got one of the best players in the NBA. and Luca Danni check. And I hope you enjoyed it because That was one of the more fun ones. I've had a chance to do. We'll be back for our next installment. Be on the lookout holding court with Gino Auriemma. See you next time..
"mark cuban" Discussed on Freakonomics
"Let's get back to the lightly. Edited full interview we did with Mark Cuban for our hidden inside of sports series Cuban is among many other things the owner of the NBA's Dallas Mavericks. Let me ask you this big development from the supreme court not so long ago about sports gambling. I would assume that really changes evaluation of every professional or even semi professional sports franchise question. Can you talk about how that's going to affect you. Yeah. I think it will lead to our franchise valuations doubly literally because there's a lot more reasons for people to pay attention a lot more reasons for people to watch. And that's good for our bottom line people attend more and watch you more hours of of NBA basketball in Saint for all professional sports. All right. I got a quiz for you or real. I know you're I know you're very smart guy won't be surprised if you get this rate homefield advantage exists in every sport all over the world. What would you say is the primary driver of home field advantage as according to academe who've studied this? Let me say I my guess would. And it's not home home court home-ice advantage. Does. Doesn't necessarily hold true. Like in hockey doesn't hold true. So I would tell you probably the energy. And so there's a couple of things one. You know? I know there's studies that say that the officials give benefit to home teams across all sports. You know, people try to argue that that's not the case. It is what whatever it is. It is. And then there's the energy of a crowd. I mean crowds do make players play harder. And then, you know, I'd also say there's just the comfort of plane in a place that you're used to shooting in plain and hitting in fielding, and etc. So with the academics argue is that it's basically unconscious ref bias that they're not rooting for the home team, obviously. But the basically the crowd sentiment, right?.
"mark cuban" Discussed on Freakonomics
"And he's looking back and trying to figure out how to help the next generation of athletes do better he told us that he thinks it would be in the best interest of players to dissolve the unions. The NFL PA the NBA players sociation because that would put the league's via. Of labor laws, and it would give players the power to negotiate better deals and to make more money. I never ever every time. There's a lock look, I'm not a CB expert and can't get details. But you know, you know, the NFL there's there's a long history of labor unrest. And the first thing they do is dissolve the union. Well, let's say that for minute. You're not on the ownership side at all and that year, either with the your let's say, you run a the biggest sports agency in the country, or or maybe, you know, are associated with players in some way. Let me slow you down right there. Because if I do anything relative to CBA, I'll get fined again, and why like you it's not strategic right now. Basically you like me fine. But not as much as doctors as what you're saying. Exactly. I can I can accept that. Appreciate that. Coming up after the break. Mark Cuban is famous for yelling at NBA referees will get to the roots of this habit. When I started doing my homework games weren't officiated the same in the first minute as they were in the last minute. And that just drove me nuts. And why was Cuban according to Cuban not allowed to buy major league baseball team because they knew I try to change things. I would teach all our guys to bat flip every time. They hit a home run because you got to just change things up. And if you haven't heard it yet, check out our entire hidden side of sports series on any podcast app or on freakonomics dot com..