00:00So can you talk to us a little bit? I put that in context. The last time that there was
00:03an issue with a strike and a World Series wasn't played was, I believe, 1994.
00:07Okay, so what's going to happen to Selma?
00:08Yeah, 1994, there was a strike. The players went on strike because they wanted more money. Now, the agreement ends
00:15on December 1st.
00:17That's when they are talking. They've been talking about it. The last agreement three years ago, at the last minute,
00:23they came together. They came to an agreement. So we had baseball.
00:26There's a lot of little things, Humberto Amigos, because baseball is complex. The business of baseball, especially now with betting
00:34houses and with people being allowed to bet on baseball and the sponsorships, there's a lot of, not millions, but
00:42billions of dollars.
00:43Franchises being sold for three, four billions. The Angels just recently over $3 billion.
00:49The Yankees are close to $10 billion.
00:50No, the Yankees, I mean, they're crazy. The Dodgers are crazy good because they have their own TV broadcast system.
00:57Right.
00:58So that is part of the team. But when it comes down to...
01:00So they don't split revenue among the teams in the MLB with the TV contracts the way they do in
01:04the NFL and NBA, right?
01:05They split some, but not everything. It's not equal.
01:08There's a percentage that you retain.
01:09And that's what the players want. The players want to, and I'm not going to mention any teams, but the
01:15teams that don't spend any money, the players want those teams to spend the money they're getting from their revenue
01:21share from the other owners.
01:24So the owners with the big teams, like, again, New York, LA, Chicago, they spend and spend and spend with
01:30no issues.
01:31But the teams with small markets, as they call them, like Pittsburgh, like Kansas City, like Milwaukee, like Tampa Bay,
01:38they don't spend a lot of money.
01:40So the owners, the biggest issue here, the owners want a ceiling. They want a salary cap. The players don't
01:47want that.
01:47The players are saying, OK, you want your salary cap? We will think about it. But then you need to
01:52have a floor, meaning you need to spend at least this amount of money.
01:56And I believe right now the figure is about $150 million. Don't quote me on that.
02:00But there's a lot of teams right now that do not spend $150 million throughout the season.
02:06So it's going to be interesting. I am not worried yet. But December 1st, that's when the agreement ends.
02:13But they are negotiating. They're talking about it.
02:15You know what they're saying, and bringing it back to the Dodgers, that if there is a cut in the
02:19season, if there's a delay in the season, when we have a shortened season, it's going to benefit some of
02:24the older veteran teams to play 80, 90 games instead of, what is it, 160 games?
02:28162.
02:28Yeah.
02:29It's a lot of games.
02:30Yeah, it's a lot of games. And like you said, the Dodgers, yes, you know, they got there, they got
02:33close, but they're getting older.
02:36And the older you get, obviously, the more tired you get, like me, you know, I'm tired every morning now.
02:40They need some more recovery.
02:41Yeah.
