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You guys know about all this, um, support, advertising, and involvement of the gambling markets. And I got alerted to this from a publicist. A story by The Athletic raised questions about LeBron James earning more from an endorsement deal with a cryptocurrency-based prediction market, Polymarket, than he will earn from playing with the Philadelphia 76ers this season. The endorsement contract with Polymarket is 15 million a year. He's going to get 3.9 from the Sixers, which is more than he's worth. But Calci, all these groups, Polymarket, it's, it's a real dangerous specter. And Frank Zaccanelli, he's uniquely qualified to discuss this. He's former president, general manager, and minority owner with the Dallas Mavericks. He now hosts Game On America Sports, a YouTube show that offers wagering analysis for bettors. And he's on to talk with us about all this. Mr. Zaccagnelli, welcome to The Bob Codaro Show.
How are you?
Great. You had to, you had to sit through a lot. [laughs] You had to sit through a lot to get there.
It was quite, it was, uh, Bob, it was quite interesting. I'm getting an unbelievable education about-
[laughs]
... uh, everything in, in Central Pennsylvania.
[laughs]
Let me tell, let me tell you something about Scranton. I grew up in Syracuse, New York.
Oh, nice.
And-
Love it
... and we used to go, uh, to, uh, Atlantic City every year back when it was a nice place. And, uh, this is back in the '60s, and we'd have to drive through Scranton and then pick up the, uh, the turnpike. So, uh, Wilkes-Barre maybe and all, all that. So I've driven through all that many times.
Nice. A- and, and by the way, Atlantic City in those days, you ever see the movie Atlantic City with Burt Lancaster?
No, but I, I, I-
Oh, pre- pre-gambling. You'd love it. You'd love it.
Oh, no, I was there. I mean, in the '60s-
Yeah
... it was a great spot. You had the boardwalk, you had the beach, and then they went in and, uh, you know, the, it wasn't, uh, it wasn't so great afterwards.
Yeah. [laughs] So, uh, you are the partner, executive co-host of Game On America Sports. You could be found everywhere, TikTok, Facebook, Facebook, Instagram, YouTube. Uh, tell us your concerns. Uh, they're, they're quite obvious, but someone from your vantage point would have the best view of this.
Well, here's the deal. LeBron, you know, is at the end of his career, and he's going to the 76ers to try to pick up, I think, his
Episode notes
Frank Zaccanelli, former Dallas Mavericks president, minority owner & general manager and co host of Game On America Sports calls in about sports gambling and about Lebron James deal with a prediction platform.