Inside the Multi-Billion Dollar Sports Industry
Valuetainment
Valuetainment Episodes
4.8 • 1.7K Ratings
🗓️ 31 March 2021
⏱️ 56 minutes
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Summary
Patrick Bet-David has a virtual sit-down with American sports executive Tom Penn. In this interview they talk about how he became the president and co-owner of the LAFC. Watch the full video here: https://youtu.be/9QfdcIpiVNY
Transcript
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| 0:00.0 | Pat Riley was the last one in Miami to assemble the big three down there with a true recruiting focus |
| 0:07.2 | He went in and sold him and pitched him but he had to get weighed to recommit and then he got LeBron and Bosch to join |
| 0:13.6 | But now it's much more player to player driven LeBron bringing Anthony Davis |
| 0:18.8 | That was the key to transitioning the Lakers from worst to first. We think LeBron's getting paid what he's worth |
| 0:25.1 | The short answer is for sure LeBron is underpaid. I would agree |
| 0:28.8 | I personally hate the fact that you can celebrate a long-term extension |
| 0:33.8 | You feel like you got him locked up. You make these incredible financial commitment and then he can James Harden his way out of here in a year, too |
| 0:43.0 | And it's a disturbing trend in the NBA for sure. Could Jordan do what LeBron is doing today to the league back in their era? |
| 0:51.2 | LeBron could disrupt things and impact business for a little bit, but the league will go on |
| 0:57.2 | LeBron has been different because wherever he's gone, it has followed. You know, Jordan was in one place and it all came to him |
| 1:08.3 | So my guest city is a former lawyer, former executive, former president of the LAFC and former general manager and my favorite guy |
| 1:17.0 | To watch on ESPN when he would analyze |
| 1:21.4 | Who should go to what team with the salary cap? |
| 1:24.2 | And I would be glued him doing all the stuff that he would do and I would establish a relationship together |
| 1:29.2 | And I just wanted to have him on value-taming as a guest of Tom. Thank you so much for being a guest on value-taming |
| 1:34.4 | My pleasure. Good to see you man. You look good. Good to see you. I told you I'm trying to look like a GM today |
| 1:40.5 | I look like a GM and you look like the agent of one of the players |
| 1:46.5 | Well, you know, hey, I'll take whatever I can get |
| 1:49.8 | So question for you. How do you go from a criminal defense attorney |
| 1:54.9 | handling cases including murder, armed robbery and other serious felonies |
| 1:59.6 | To wanting to become a GM. How does an attorney go to wanting to become a GM and an executive? |
| 2:06.0 | That's when you start wanting to become a GM and you go do what you can do first |
... |
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