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Reality of diversion ensures future of NFL, says author Leibovich

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There’s a phrase – “inside baseball” – that gets bandied about whenever someone discusses the nitty gritty of a topic that usually isn’t of interest to everyone else.

Well, we at Fried On Business went “inside football” during the latest episode, and I promise you it was anything but mundane.

Mark Leibovich, chief national correspondent for The New York Times Magazine, came on board to discuss his latest book titled Big Game – The NFL in Dangerous Times.

The project was years in the making, and it was utterly fascinating to hear him share the anecdotes that made it come to life.

I’d like to give a special shout out to Lisa Palley and the Miami Book Fair for connecting us to Leibovich, who was in town to share his new book. He clearly loves the game, and we’ll cut him some slack if the Miami Dolphins aren’t his absolute favorite team.

“I try to be humble. I try to be not as insufferable as many of my Patriots fans,” he said.

Hey, at least he’s not a Jets fan.

Leibovich’s thesis is this: The NFL is under siege. Ratings are sliding. Guys and gals are taking knees during the national anthem. Concussions are still under the microscope. Even the president of the United States is taking pot shots at the league.

“I’m not a doomsayer. But I do think one reason I sort of wanted to jump into this and look at the league – and look at the festival that is everything now – is there’s never been such a great co-existence between popularity, profitability and precariousness,” he said.

“Every week it seems there’s a new existential crisis that’s going to end football as we know it.”

I can speak to the former. For me, football has become a full-day experience. I get to Joe Robbie Sun Life Hard Rock Stadium around 9:30 in the morning, find a parking spot in the shade, break out the portable TV and thoroughly relax before making my way to my seat inside.

That aura surrounding the NFL isn’t going away anytime soon, Leibovich said, because the league has brilliantly marketed itself as year-round party. There’s the scouting, the draft, the Hall of Fame inductions, etc.

Millions of people attend to every detail of the spectacle. It’s a lifestyle, really.

“I also think that if the game survives, and I think it will, it will be because of the greatness of the game itself and in spite of a lot of the people who run and own the thing,” Leibovich said.

“I cover politics. That’s my job at the New York Times. I wanted a break from that, and I was sort of shocked at how far inside I was able to get into the league in just a few years. It was a revelation on many levels.”

Speaking of revelations, Leibovich said he doesn’t recall having worn face paint to any NFL games. A glaring omission, he admits, and one that will be corrected promptly.

At one point, Leibovich said, he was treated to the experience of attending an NFL owners meeting at the Boca Raton Resort & Club. All of the owners he met that day complained about the venue. It ain’t The Breakers, they said.

“This is when I knew I was in pretty rarefied company. Because, you know, the place looked pretty good to me. If anyone listening to this has ever been to the Boca Raton Resort, I mean, it’s beautiful,” he said.

“In some ways this book, and people hopefully will read it, is ‘Lifestyles of the Rich and Famous’ geared toward what co-owner Steven Tish of the New York Giants called junior high school for billionaires. That’s what he calls the sort-of membership of NFL owners, and it’s true.”

All of which raises a valid question: What is the future of the NFL?

“The fact is people want to revert to The Game. There are any number of things they could worry about in their lives, in U.S. politics, or around football. The NFL has marketed itself, I think very smartly, as a means of escape. You’ve had a really hard day, and if there’s a game on you’re going to turn it on and you’re going to watch,” he said.

It’s a reliable diversion, Leibovich said, that attracts tens of millions of watchers every weekend. That is the future.

This was a fun and fantastic interview, and we covered a lot more of the gridiron, so to speak, including:

– The rise of politics as a reality show that rivals even football.

– The question of whether or not NFL Commissioner Roger Goodell actually has a tattoo of the NFL logo on his, um, rear echelon.

Click here to listen to the full interview with Mark Leibovich of The New York Times Magazine.

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This episode of Fried on Business is brought to you by our presenting sponsor, Warren Henry Auto Group.

🎙️ New to streaming or looking to level up? Check out StreamYard and get $10 discount! 😍 https://streamyard.com/pal/d/6126418013716480

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The episode also explores how leaders set tone. The way you speak to yourself eventually influences how you speak to your team, partners, and clients. Calm, confident internal dialogue produces steady external leadership.

If you’ve ever felt pressure, doubt, or stress cloud your judgment, this conversation offers tools you can use immediately. Your inner voice is always talking—make sure it’s working for you, not against you.

This episode of Fried on Business is brought to you by our presenting sponsor, Warren Henry Auto Group.

🎙️ New to streaming or looking to level up? Check out StreamYard and get $10 discount! 😍 https://streamyard.com/pal/d/6126418013716480

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This episode of Fried on Business is brought to you by our presenting sponsor, Warren Henry Auto Group.

🎙️ New to streaming or looking to level up? Check out StreamYard and get $10 discount! 😍 https://streamyard.com/pal/d/6126418013716480

Over the years, Jim Fried has collected a set of simple sayings that guide almost every business decision he makes. They aren’t complicated frameworks or buzzwords. They’re short, memorable phrases—easy to repeat, hard to ignore—that cut through noise and help him stay grounded when stakes are high. In this solo episode of Fried On Business, Jim shares many of his favorite business sayings and explains the lessons behind each one.

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This episode of Fried on Business is brought to you by our presenting sponsor, Warren Henry Auto Group.

🎙️ New to streaming or looking to level up? Check out StreamYard and get $10 discount! 😍 https://streamyard.com/pal/d/6126418013716480

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This episode of Fried on Business is brought to you by our presenting sponsor, Warren Henry Auto Group.

🎙️ New to streaming or looking to level up? Check out StreamYard and get $10 discount! 😍 https://streamyard.com/pal/d/6126418013716480

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This episode of Fried on Business is brought to you by our presenting sponsor, Warren Henry Auto Group.

🎙️ New to streaming or looking to level up? Check out StreamYard and get $10 discount! 😍 https://streamyard.com/pal/d/6126418013716480

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This episode of Fried on Business is brought to you by our presenting sponsor, Warren Henry Auto Group.

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Rod explains how the old model of filling space with any tenant willing to sign a lease no longer works. Today’s successful retail centers are curated. Landlords must think like operators, not just owners—focusing on tenant mix, customer flow, and creating destinations that give people a reason to visit in person rather than shop online. Restaurants, fitness concepts, service businesses, and experiential retailers are now anchors just as much as traditional stores.

The conversation dives into how e-commerce didn’t kill retail—it forced it to evolve. Rod shares how omnichannel brands use physical space to build relationships and how brick-and-mortar locations increasingly function as marketing platforms, fulfillment hubs, and community gathering spaces. Jim and Rod also discuss the importance of understanding demographics, local demand, and foot traffic patterns when underwriting deals.

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This episode of Fried on Business is brought to you by our presenting sponsor, Warren Henry Auto Group.

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If you’re structuring deals, raising capital, or facing funding shortfalls, this episode provides a clear, real-world framework for using family office equity intelligently and responsibly.

This episode of Fried on Business is brought to you by our presenting sponsor, Warren Henry Auto Group.

🎙️ New to streaming or looking to level up? Check out StreamYard and get $10 discount! 😍 https://streamyard.com/pal/d/6126418013716480

Capital stacks rarely come together perfectly. Between senior debt, mezzanine financing, and sponsor equity, there is often a gap that can stall or kill otherwise strong deals. In this episode of Fried On Business, Jim Fried breaks down how family office equity is increasingly being used to solve that problem.

Jim explains what a capital stack really is, why gaps form in today’s market, and how rising interest rates, tighter lending standards, and conservative underwriting have changed deal structures. He walks listeners through where family offices fit, how their expectations differ from institutional capital, and why their flexibility can be the difference between closing and walking away.

The episode covers how family offices evaluate risk, what they look for in sponsors, how they approach control and governance, and why alignment matters more than headline returns. Jim also discusses common mistakes developers make when pitching family offices and how to structure conversations around downside protection, transparency, and long-term relationships.

Listeners will learn when family office equity makes sense, how it compares to mezzanine debt or preferred equity, and how to avoid creating future conflicts inside the partnership. Jim shares practical guidance on sizing the gap, modeling dilution, and maintaining control while still attracting meaningful capital.

This episode is especially valuable for developers, operators, investors, and anyone navigating today’s tougher financing environment. As traditional capital becomes more selective, understanding how to work with family offices is no longer optional—it’s strategic.

If you’re structuring deals, raising capital, or facing funding shortfalls, this episode provides a clear, real-world framework for using family office equity intelligently and responsibly.

This episode of Fried on Business is brought to you by our presenting sponsor, Warren Henry Auto Group.

🎙️ New to streaming or looking to level up? Check out StreamYard and get $10 discount! 😍 https://streamyard.com/pal/d/6126418013716480

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