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00:00But unfortunately, we begin with a story that broke late yesterday and a very sad one from
00:04the world of sports and especially for the world of NASCAR. Kyle Busch passes away unexpectedly
00:10at the age of 41. The Busch family, Richard Childress Racing and NASCAR issued a statement
00:16saying on behalf of the Busch family, everyone at Childress Racing and all of NASCAR devastated
00:22to announce the sudden and tragic passing of Kyle Busch. Meanwhile, 11 days ago,
00:27Busch radioed into his crew near the end of a Cup Series race asking a doctor to give him a
00:31shot
00:32after he finished the race. According to the TV broadcast, he'd been struggling with a sinus cold
00:37and was exacerbated by some G-forces, of course, that you get when you race around the course. So
00:42very, very sad, sad news from the world of sports yesterday. All right. Meanwhile, on a brighter note,
00:48we'll get back to the National Football League. If you thought the last season of Aaron Rodgers was
00:53going to be accompanied by the last season of Matthew Stafford, you would be wrong as Stafford
00:57signs a contract extension that will keep him with the Rams for another year, $55 million. He's now
01:04tied with the club through the 2027 season and he has $105 million left on his current contract that
01:11he signed. So Stafford certainly looks like he'll be back this season and next season in the National
01:17Football League. Meanwhile, the Knicks took care of business pretty easily. Again, yesterday,
01:21109 to 93. They went in cover as five and a half point favorites and Josh Hart was the stunner
01:29yesterday. He had 26 points, four rebounds and seven assists. The Knicks have now won nine
01:34straight playoff games this season for Cleveland. Donovan Mitchell had 26. James Harden, another point
01:40of contention game. He had 18 points and six rebounds. But let's get started with the head coaches
01:45and hear from Mike Brown, who talked about somewhat of a different approach heading into
01:49game two. You know, after coming off a thrilling comeback like that, do you coach at all to the
01:53emotions of, you know, settling down and being ready for the next game after a game like that?
01:59It's a good question. Not really. You know, we have a veteran group. You know, anytime you're in the
02:08playoffs, you obviously need a little bit of talent. You need a little bit of luck and then you need
02:14a
02:15little bit of skill. And, you know, all those things came to play for us, you know, coming back
02:21from 20 points down with that little bit of time to go. And I think our guys understand that we
02:28got
02:28away with one and we don't want to put ourselves in that position again because Cleveland's a great
02:34team. They're well coached and they have great players on their team and they're not going to let
02:38that opportunity slip from their hands again. So, you know, we've talked about that, but not necessarily
02:45about the emotional part. You know, could easily stole game one. I thought our process was right
02:52tonight. So that gives me confidence going, going home. You know, obviously we've got the great home
03:02crowd, um, have played well at home in the playoffs. So, um, you know, we need to get our legs
03:08under us.
03:09But honestly, like, you know, we, we know, we know their rest advantage. So, um, getting home always
03:16helps with that. Um, but, um, definitely, um, probably didn't have the juice tonight that we,
03:23we needed to, which is kind of, you know, it's going to hit it sometime.
03:29Meanwhile, as far as the players are concerned, the Knicks are not satisfied, clearly being up
03:33just too low. In fact, Carl Anthony Towns yesterday after the game said, they'll pretend like the
03:38series is Oh, Oh, heading into game three. I mean, we don't feel any closer than we did last game
03:44or
03:44any game, you know, it's, it's, it's back to, in our minds, it's zero zero, you know, we got to
03:48win
03:48the next game. It's the most important game of the year. And, uh, that's how we treat it. You know,
03:52we're hungry for the opportunity to go out there and play basketball at the highest level,
03:55but we also understand that, you know, you can never be satisfied in these positions and in the
04:01playoffs. So, um, the mindset is going to continue to be zero zero every single time we step on that
04:06court. All right, let's go over to some major league baseball and talk some blue Jays, Yankees.
04:11They split their series to a piece. The Jays were underdogs on the road. They end up winning this one
04:17tough series for judge. You went one for 15 with eight strikeouts. Probably every player goes through
04:22this over the course of the season. And that's what manager Aaron Boone said.
04:26Understanding he's a guy that you never worry about at the plate, but Aaron judge has been
04:30pretty quiet this series. Just what are you seeing from him and his at-bat?
04:33Yeah, just going through a little bit right now. Um, usually that means good things coming on the
04:38other side. So, um, you know, a little in between probably, um, you know, fastballs got on a little
04:46out in front of some other pitches. So usually, you know, anytime a hitter goes through it a little
04:51bit, it's usually a little timing related. Um, I think that's all it is. So, um, he'll get through
04:57it and, and somebody will pay the price real soon. All right, now let's get to the guardians and
05:04tigers and the tigers important series of the season to show that they can hang with Cleveland
05:08went the other way. Guardians dominate when all four games, three to one yesterday, the tigers
05:15have lost five games in a row. New catcher for Cleveland, Patrick Bailey hit a home run after
05:21the game. He said he's getting adjusted with his new club. We want to get you not because of the
05:25home run, but it helped, but getting you here and just getting comfortable. How has that worked out
05:30and catching different guys? Cause obviously as a catcher, you're going through a little bit
05:33differently than maybe a guy that's playing right field. Yeah. I mean, it's definitely, uh,
05:37it's been a challenge, but I feel like I'm starting to get a little comfortable back
05:40there behind the plate. Just knowing guys shapes. I mean, the staff and bullpens nasty. It's a lot
05:45of fun. Um, just trying to get to know everybody. All right. Meanwhile, the Mets seemingly are
05:50finding their footing a little bit. They edged the nationals two to one. They split the four
05:54game series. Bo Bichette signed in the off seasons, had a quiet April, but may seems to
06:00be better. He drove in eight runs in the series. Carlos Mendoza said Bichette is starting
06:05to get hot. What do you think from Bo Bichette now that you weren't seeing a month ago with
06:10runners in position? Well, we know he's one of the best hitters with runners since he's
06:16been that type of player. Uh, I think it's just a matter of time. Um, ground ball found
06:20a hole today, you know, uh, but I think you see a player that is confident. Um, he's putting
06:29some eight swings on good pitches. He's pulling the ball when he needs to. He's using the whole
06:32field like the guy that we all know, uh, the type of hitter. Yes. All right. In the American
06:39League West yesterday, the A's beat the angels for the second straight night, three to two,
06:44the final Luis Severino, 10 strikeouts in seven innings. Meanwhile, the angels are,
06:49let's just be honest, an unmitigated disaster. Worst record in baseball, 17 and 34 on the year,
06:55but the A's seemingly hanging around in the playoff picture. Here's Mark Katze on that series win
07:00versus Los Angeles. Yeah. I mean, I think, I mean, all in all is a great series, right? Uh,
07:06we got walked off the first night and for this team to, you know, come back and, and really grind
07:11three wins out. It says a lot about the guys out there that are, uh, you know, they're competing
07:15every night and they go out to win games. Um, you know, I think overall tonight's game, uh, you know,
07:22Severino after he gives up two in the first, just really got back right in the, in the groove. And
07:27I
07:27mean, to go seven innings, get 10 punch outs. Um, you know, it also says, you know, a lot about,
07:33about him, uh, out there just battling. All right, back to the national league. We go pirates beat
07:39the Cardinals yesterday, six to two, and they end up winning the series. Brandon Lau, what a series
07:45and what a season he is having for Pittsburgh. Great trade for them. He had another home run
07:51yesterday and inside the park home run. And Lau has been fantastic over in the national hockey league.
07:56We had a blowout in game one of the Eastern conference finals. Boy, Montreal Canadians
08:01appear to be headed toward the finals. Don't they? How did they beat the Carolina hurricane
08:04six to two with hurricanes being minus 200 on the money line? What in the world? Tonight,
08:09we've got the golden Knights taking on the, uh, Avs and the Avs are at home in Denver and
08:15they're minus one 94 on the money line tonight.
08:23All right. Welcome back to newswire here on sports grid. In case you missed it last night,
08:28the NBA's Eastern conference finals now has a heavy favorite. That of course is the New York Knicks
08:34after the garden was basically a dismantling of the Cleveland Cavaliers final score last night was
08:41109 to 93. So the Knicks, they win and they cover that five and a half point spread. By the
08:47way,
08:47they've covered the last two games in the series and have now won nine straight playoff games this
08:52season. Uh, Jalen Brunson had just two points at the half. He ended up with 19 points and 14
08:59assists. But the big story out of this one was Josh Hart, who had his best game of the playoffs
09:03with 26 points, four rebounds and seven assists. Donovan Mitchell had 26 and James Harden had 18 for
09:11Cleveland, but now they are up against it. So certainly with all the emotions that went in and the effort
09:16that went in to winning that first game, how did the Knicks approach game two? Well, here's Mike
09:21Brown giving his thoughts after the game on exactly what they did. Mike, um, you know, after coming
09:27off a thrilling comeback like that, do you coach at all to the emotions of, you know, settling down and
09:32being ready for the next game after a game like that? Uh, it's a good question. Not, not really. You
09:39know,
09:39we have a veteran group. Um, you, you know, anytime you're in the playoffs, you obviously need a little
09:46bit of talent. You need a little bit of luck and then you need a little bit of skill and,
09:52and, um,
09:54you know, all those things came to play for us, you know, coming back from 20 points down with that
09:59little bit of time to go. And, uh, I think our guys understand that we got away with one and
10:06we don't
10:06want to put ourselves in that position again, uh, because Cleveland's a great team. They're well
10:11coached and they have great players on their team and they're not going to let that opportunity slip
10:16from their hands again. So, you know, we've talked about that, um, but not necessarily about the
10:22emotional part, you know, could easily stole game one. Um, I thought our process was right tonight.
10:29Um, so that gives me confidence going, going home. Um, you know, um, obviously we've got the great
10:38home crowd, um, have played well at home in the playoffs. So, um, you know, we need to get our
10:44legs under us, but honestly, like, you know, we, we know, we know their rest advantage. So, um,
10:51getting home always helps with that. Um, but, um, definitely, um, probably didn't have the juice
10:59tonight that we, we needed to, which is kind of, you know, it's going to hit it sometime.
11:05All right. Let's get to the NBA tonight. I mean, I think we probably should talk some
11:10Knicks basketball with Sam McQuillan from legal sports report. I mean, that's why he's on the
11:14show, right? Not talk about Calci and poly market, but let's talk about his Knicks winning. Congrats,
11:19uh, Sam. I know you gotta be happy to Oh, huh? Yeah, Craig, that's why, that's not why I'm on
11:23the
11:23show. That's why I'm alive. It's, it's a great time in New York, 10 wins in a row. I think
11:28now it's,
11:29it's honestly insane. Good ending. Yeah, definitely playing great, but, uh, Hey,
11:34got to win it all, right? That's what the Knicks have been trying to do for a really,
11:37really long time. All right. So now let's get to our topics of the day and we'll start off with
11:40poly market, adding multi-leg contracts to their sports operation here. And just simply put,
11:47this is not something we thought that event contract companies would do a year ago, but you
11:51know, now that they've kind of slid themselves into the sports betting space, it's only natural that
11:56they all are going to take advantage of what people like to bet on most or predict on most,
12:00which is of course parlays and not calling it parlays, but guess what it is. Yeah, Craig,
12:06I think I found my new favorite term for a product that's not gambling, but definitely probably is
12:12gambling. It's called a combinatoric athletic outcome contract. Combinatoric outcome contract
12:19is what, what, what is now calling their new parlays, which they're going to launch any day
12:24now, um, which we've seen Kalshi obviously make a similar move. And to your comment about, you know,
12:29not thinking that exchanges would ever do this. I don't think that anyone, when they passed the law
12:34in, I think the 1930s that allowed, uh, the CFTC to exist that allowed these, you know, um, contracts
12:41to be traded on the outcomes of grain prices and weather prices and other, you know, sort of prediction
12:48activities. Nobody ever thought that you would have sports event contracts traded on these platforms
12:53and certainly not parlays, which obviously if you're tuned into this network, you know, are
12:58the cornerstone of sports books. They really are the reason that sports books became profitable in
13:03the first place. They're America's favorite bet types. They allow you to combine multiple bets
13:08together, kind of an all or one, uh, sort of situation where you receive a larger payout for
13:14a smaller stake. So no surprise now that they're getting into the sports space, that more exchanges
13:20are doing this poly market. Obviously their biggest rival is Kalshi, which did this earlier,
13:25um, or I should say, uh, late last year, rather, um, in the middle of the football season launched
13:30parlays and it's been a good business for them. Uh, Kalshi's grown their business, um, to about 20%
13:35of all trading activity that happens on Kalshi is now a parlay. And I think about 85% of all
13:41the
13:42activity that happens on Kalshi as well is sports in general. So poly market, uh, you know, they
13:47were out of the U S for a long time. They relaunched their U S offering just recently. They've been
13:51operating largely offshore. Uh, so this is part of their, them trying to ramp up and compete with
13:56Kalshi, which certainly has been dominating all the headlines when we talk about prediction
14:00markets and just sports betting, uh, beyond that rather. So, um, it'd be interesting to see how the
14:05product actually looks once it gets up, up to speed. And, uh, yeah, it's going to be an interesting
14:09one to keep following as, you know, the prediction market space keeps blurring into sports betting.
14:14Yep. And that leads into our next story, which you could read about over at legal sports report.com
14:20regulation of prediction markets, very similar to how sports books are regulated, but naturally
14:26prediction markets are going to fight just like sports books to not be regulated in the end.
14:30Sam, I do think that this is coming. If they want to operate, they're probably going to have to.
14:35Yeah. These companies wouldn't be doing their job if they weren't fighting
14:37to not be regulated as sports betting companies. When you talk about betting and gambling,
14:42uh, it has a very lengthy history in the United States of being overly regulated, overly taxed,
14:48because at the end of the day, you know, many States view it as a sin industry, you know,
14:52something that obviously can create problems or, you know, prey on, you know, problem gambling,
14:57addiction, those sorts of real issues that exist out there. But one of the reasons that prediction
15:01markets have been able to exist and, you know, quite frankly, been become so popular in so many
15:05states is because they don't have to follow those rules. So obviously Congress is really paying
15:10attention to that as well. The Senate commerce committee, uh, held a hearing this week on
15:15sports integrity and prediction markets, sort of in one umbrella of a subject, uh, even beyond sports
15:21prediction markets have caught the ire of lawmakers attention, you know, with regards to large bets
15:27being placed on military actions and other sort of insider trading accusations that have gone on.
15:33But this hearing specifically looked at sports integrity, obviously, you know, sports betting
15:38has become more popular has become no stranger to a number of scandals pop up over the past couple
15:43of years. So as sports books kind of heightened those, you know, integrity safeguards, lawmakers
15:49are also interested in what prediction markets are doing as well. So Senator Marshall Blackburn,
15:53who chaired the committee, called it sort of the first step in figuring out kind of how this is
15:58all done, which is, you know, stop me, Greg, if you've heard that before, first step in kind of
16:02figuring out how this is all done, kind of been the story of the last, you know, year or so,
16:07and
16:07probably will continue to be the story, quite frankly, until it all comes down to the Supreme
16:10Court. But it's definitely notable that it's getting more attention by having a hearing in
16:14Congress. But then you have to ask, what is Congress actually going to do about it? That's
16:19sort of another farther step that we probably, they probably have not crossed that bridge yet.
16:23But it is getting their attention, at least. So we'll see if anything comes of it, or if it's just
16:27more talk. Yep, what a great. All right, let's cap it off real quick, Sam, the state of Ohio,
16:33having one of their regulators who helped with sports betting ad rules has decided to retire.
16:40Certainly, this is a transcendent type individual here, who understood what kind of rules needed to
16:46go in place. Why did he decide any clue why he decided to call it quits here, Sam? Or is
16:51it just
16:52simply put, was just time for him in terms of his career? Yeah, I think he just wanted to retire,
16:56honestly, Craig. He's had a great career, Matthew Shuler. Normally, this would not be big news. But
17:01we're talking about Ohio, which was the first state to ban risk free bet advertising and put kind of
17:06the biggest restrictions on sports betting advertisements, which forced them, because
17:12they advertise nationally to kind of change all of their rules to change all the promotions. You know,
17:16if you've been in sports betting, for even a couple of years, you've seen how much risk free has
17:20changed to, you know, no risk and all these this other language that sports books use. And he was really
17:25a pioneer behind all of that. So Ohio is a big state, whatever they do, the country seems to follow
17:31now that he's out. We'll see if, you know, states change or, you know, kind of follow a similar
17:36policy, which other places to kind of get to innovate. Sam, have a great weekend. We'll catch
17:41you up next week. Thank you too.
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