Danny Funt

speaker
602 appearances 5 recordings 4 series first heard May 2025 last heard 5 Feb

Danny Funt’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
2 · Feb OctJan 26AprJulnow

Recordings per month over the last 12 months — 4 in all, peaking in Feb 2026 with 2.

Appearances

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Media rights was what swung them.
I really wanted to understand the convictions of the commissioners who had been saying things like this is an evil to think, was that just dramatic language because they had other things motivating them?
I do think David Stern, the former NBA commissioner, really did detest gambling.
I think Faye Vincent also had sincere opinions
misgivings about about what it would do to sports but what i learned was as the leagues were in federal court fighting new jersey on this they were meeting secretively with representatives of the gambling industry i say secretively so much so that the nfl and disney because they also met with broadcasting partners insisted that the meetings take place at park avenue cafes not at their league offices because they just didn't want to welcome
gambling reps through their doors.
But in those meetings, the main point of conversation was your TV audience is aging.
People are cutting the cord on cable subscriptions.
What can you do to ensure that people are hooked on sports even more than they had ever been?
And they commissioned more than a million dollars of studies from Nielsen that found
Gamblers watch more than twice as many games as traditional fans.
They're also watching blowouts because they want to see if a bet wins or loses, even if the game's been decided and normal people have changed the channel.
And they also studied the direct and indirect revenue projections for the league.
So if you added...
the sponsorships that the leagues would get from advertising, but more importantly, the indirect revenue from having such a hyper-engaged audience of gamblers.
The NFL, for example, was shown findings that they would make more than $2 billion every year if gambling were legalized across the country.
And because TV rights are their biggest moneymaker, that was just too good to pass up.
And not just that, Chuck, but it's like, it's as if you legalize a drug that's, the legal industries is 10 times more potent than what you were getting on the street because there are ways of betting legally that are so much vaster.
It's so much easier.
You can bet on so many more things than you ever could have through a street bookie or even in Las Vegas.
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