High Gear Bulletin

 

Wednesday, May 15, 2024

High Gear Editor: Jerry Winges

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Pledge of Allegiance:  Mike Heffernan lead the pledge.
 
Thought for the Day:   Jennifer Pence gave us a story and poem about Carlo, a small newfoundland terrier, that saved 90 souls involved in a shipwreck.   See this wonderful poem by Owen John Pratt at the link below:
 
 
Sunshine Report:  Bob Doerr contacted our “missing” Rotarian member Delia Montano who replied in a letter to the club.  Delia, who lost her husband to COVID a few years ago, has experienced another tough time over the last few months.  First COVID hit her care facility she manages in the Mills Estate.  Then her adult son tried to use a scooter, fell on his head, had surgery and is still in a coma at SF General.  Our thoughts and prayers are with Delia and we hope for a successful recovery for her son and to see her back at our meetings. 
 
Joe LaMariana received word from his friend and former neighbor Jim Nantell, a past Burlingame Rotarian and City Manager of Burlingame, that his wife Chris has passed away.  There was a nice obituary in the Daily Journal about Chris.    
 
Visitors:   Mariana, our 4 month old very well behaved Rotarian visited us again today—some of us could learn a lot from her!  Also present—Anita helping with lunch service and Cary’s business partner Charlie Phelps.
 
Announcements: 
1)  Don’t forget our Rotary Golf Tournament at Green Hills on Monday September 30.  We need sponsors and players so be thinking of those you know who can support our major fundraiser of the year. 
 
2)  June 6 Thursday we are meeting together with the Lions Club at their lair a few hundred feet from the Recreation Center.  Please plan to be there—we hope to have good Burlingame Rotary attendance!  There will be NO meeting on Wednesday the 5th!
 
 
 
3)  Join us for Hillsborough’s Memorial Day celebration in our “clean garbage truck.”  
Newscast:  Jerry Winges interviewed 2 Rotarians for our new segment “My Rotary Story.” 
 
Marilyn Orr described how her husband joined the San Mateo Rotary when they moved to the Bay Area in 1974, but she could not join because—(drum roll) she was a WOMAN!  Good lord, it took a lawsuit in 1986 against Rotary International and the court ruled in 1987 that you could not prevent WOMEN from joining Rotary.  Marilyn joined as the third woman in Burlingame Rotary in 1988 as “the flood gates opened” welcoming WOMEN.  Thank God for Marilyn, past President and major force for decades in our Club. 
 
Joe LaMariana:  recycling guru Joe joined in 2003 sponsored by Mary Janney.  Also a past President he was “re-elected” for a second go-round as President during COVID.  Joe has done so much for the Club over those years and has recently stepped up as the Foundation Chair
 
Program:   Jeff Krolik, our resident Sports Guru was introduced by the person who knows him best—Christine Krolik who lives with him and runs the Town of Hillsborough.  Jeff has a resume that would fill all the pages of Sports Illustrated (except the swim-suit issue.)  Originally from New York City his mother was a TV star and dad was a TV producer.  A graduate of Dartmouth, he was a summer intern at the White House and later worked for VP Nelson Rockefeller.  He worked for the start-up Home Box Office, Time Warner, was sent to launch HBO South America and lived part-time in Sao Paolo while married to Christine.  In 1995 he got the job of running Sports Channel Bay Area (later Fox Sports) and they moved to Hillsborough.  He worked with the Giants, A’s, Warriors and the Sharks and grew the franchise which was sold to Comcast.  He was then promoted to President of Regional Networks and ran all the Fox regional sports networks around the country.  Now retired he consults and guest lectures at Stanford Business School.  Impressive??—YES!
See the video of the meeting for this very meaty talk about the business side of sports.  Is it a good business or a bad business??  Here are a few takeaways: 
  • Sports is our secular religion – our shared values, rituals, language.
  • From a Profit and Loss perspective sports is “not a great business”—costs exceed revenue many times
  • From an asset value, sports teams have been a very very good business—lots of private equity chasing ownership of teams now
  • Best way to monetize investment is to sell—ironic!
  • Must manage media revenues and manage your costs—these are the big levers
  • 94 out of top 100 television programs were sports last year (90 of these were football) Therefore networks must have NFL coverage.
  • TV networks make money from 2 big things—Advertising and RTC, known as Re-Transmission Consent.
  • NFL teams get $350 million each from national rights fees that are split evenly among the 32 teams.They have a hard cap on labor costs so cannot spend more to keep teams competitive.
  • A good sports business depends on Fan Avidity, Guaranteed Media Rights, a Competitive Balance and Controlling Costs.
  • What the future holds:
    • The Digital revolution - Continuing move away from cable TV and mediocre programming toward choice, Netflix, and alternatives other
    • Betting – there is a dangerous worrying trend toward 24/7 betting with cell phones and other devices.
    • Globalization – new interest in sports played outside the US is growing
    • Women’s Sports – growing viewership of all women’s sports and coverage of new female mega-stars
 
 
 

 
 
 
Our very own Burlingame Rotarian, Mark Lucchesi has started a podcast for the Burlingame Historical Society called "Burlingame is a Small Town." He has interviewed a number of Burlingame Rotarians as well as other prominent folks in our community. You can check out his YouTube podcasts here.
Speakers
May 29, 2024 12:15 PM
High Rates and Power Outages: What’s Going on and What is Peninsula Clean Energy?
High Rates and Power Outages: What’s Going on and What is Peninsula Clean Energy?

The California energy system is undergoing a dramatic transformation towards cleaner and more efficient energy sources. At the same time, residents and businesses are seeing challenges like high rates and outages. How are these related and what is Peninsula Clean Energy doing about them? Peninsula Clean Energy is San Mateo County’s locally-led, not-for-profit electricity provider. Founded in 2016, the agency provides electricity that is 100% clean at a lower cost than our area’s investor-owned utility.

Jun 05, 2024
No Meeting - Join the Lions Club on 6/6/24
Jun 12, 2024 12:15 PM
What's New in San Mateo County?
Jun 19, 2024 12:15 PM
Broadway Burlingame: Christine Sings!
Jun 26, 2024 12:15 PM
Come help us celebrate/roast our outgoing President Cary Koh!
Jul 03, 2024
View entire list
Member Birthdays
Greg Mendell
May 5
 
Scott Williams
May 5
 
Marla Silversmith
May 6
 
Michael Mahoney
May 17
 
Mike Matteucci
May 17
 
Nimisha Melag
May 24
 
Anniversaries
Bobba Venkatadri
Annapurna
May 9
 
Marc Friedman
Madalyn Friedman
May 26