1. Its very likely.. Mikhail Prokhorov is selling the Brooklyn Nets and if Philadelphia 76ers CEO Scott O'Neil is correct, the Russian tycoon is going to make an even bigger killing than people thought. But, he said, the job was the most fun I have ever had, because every day brought a new opportunity to learn and develop.. O'Neil then co-founded HoopsTV, which offered to turn home computers into 24/7 basketball game networks and helped raise $15 million to launch and sustain it. ONeil, a Villanova graduate, also has local ties from a previous job as vice president of sales with the Philadelphia Eagles. The company created a special team to help achieve that, began investing in revitalization of communities, and committed $2.5 million for education, health, and employment for young people with fewer opportunities. For sports executive Scott ONeil, the headline read, failure is the best teacher.. By 26, he was newly married and director of corporate sales for the Philadelphia Eagles National Football League team. Jesse D. Garrabrant | National Basketball Association | Getty Images, MLB joins the NFT boom with first token to honor Lou Gehrig. ONeils exit from Harris Blitzer Sports & Entertainment is effective immediately, though he will assist with the search for his successor. Scott O'Neil is the author of B It now . His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. I remember what it was like when we first walked in here, and to think weve grown this business, over $2 billion in value over six times in eight years, thats what I do. RotoWire considers the best player values in Yahoo fantasy leagues for Friday's 10-game slate. The team last year hired high-profile coach Doc Rivers and a high-profile president in Daryl Morey, grew Embiid into an MVP candidate, and boasts more than 14,000 season-ticket holders. Facebook gives people the power to. ONeil said in 2014 that we dont use the T word in this organization, referencing tanking, when the Sixers were in the early days of their scrutinized rebuild known as The Process. At 38, he was named president of Madison Square Garden Sports for the business operations of the New York Knicks basketball team and ice hockey's New York Rangers, both of which were in playoffs. At the final buzzer, the high school team ONeil coaches walks off the court in convincing fashion: Pennington, 45; the visiting team, 8. His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. Got a confidential news tip? Other business school friends included Tagg Romney (son of Sen. Mitt Romney) and Matt Eyring (son of President Henry B. Eyring, second counselor in the churchs First Presidency). Most of the sites content was video; most of the videos could not be watched on turn-of-the-century desktops and dial-up connections. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX, Chief Executive Officer, Merlin Entertainments plc. Scott O'Neil, shown here in a file photo from 2013, has resigned as the CEO of the parent company that owns the Philadelphia 76ers and New Jersey Devils. In an era when inclusion matters, the Sixers corporate offices look a lot less homogeneous than they did in 2013. Scott ONeil has stepped down as CEO of the Philadelphia 76ers and New Jersey Devils, ending an eight-year run in which he helped develop one of the worlds largest sports and entertainment companies. READ MORE: Sixers assistant Sam Cassell interviews for Washington Wizards head coaching position. Im ready to go.. That meant he was responsible for the business strategies of all of HBSEs teams and properties, including those of the New Jersey Devils and the Prudential Center arena in Newark, N.J. He wont go far, he said. Hypergrowth, super growth. Durant, a four-time scoring champion, now sets his sights on Hakeem Olajuwon in 12th place. Scott S. Smith has had over 2,000 articles and interviews published in nearly 200 media, including Los Angeles Magazine, American Airlines American Way, and Investors Business Daily. That process led to an opportunity in the NBAs executive office, where he worked for eight seasons before a career that took him to Madison Square Garden and later Harris Blitzer. The sports company is run by Apollo Global Management co-founder Josh Harris and Blackstone executive David Blitzer. Thanks for contacting us. The franchise value Devils declined 4% and now worth $530 million, according to Forbes. Ready to formally establish your startup? I cannot overstate how much we value Scotts enormous contributions to the company and how grateful I am for his leadership and partnership in creating a best-in-class culture at HBSE, Harris said. He helped bring the NBA its first jersey patch deal back in 2016 and helped the Sixers have the highest regular-season attendance in 2019, according to CNBC. A few days later, he was assigned to give a presentation to team owners (many of them billionaires) and stumbled through it. ONeil has over two decades of leadership experience within the sports and entertainment industry, including his most recent tenure with HBSE, a leading sports and entertainment company centered around marquee assets, the NBAs Philadelphia 76ers and NHLs New Jersey Devils. His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. Given the Sixers diversity initiative, which was conceived and implemented by ONeil, who is white, its a fair bet that the next CEO wont match ONeils demographic. Then an important mentor passed away unexpectedly, a close friend took his own life, and his father descended into dementia. Im ready to find another mountain to climb.. ONeil was hired by the 76ers in 2013, about a month before Harris and Blitzer, who purchased the team in 2011, announced their acquisition of the Devils. Get our latest stories in the feed of your favorite networks. I cannot overstate how much we value Scotts enormous contributions to the company and how grateful I am for his leadership and partnership in creating a best-in-class culture at HBSE.. Elder Sikahema asked about his connection to the Church of Jesus Christ, and ONeil explained that his wife and daughters were members, but hed never felt like it was the right time for him to join. He also spent nearly a decade in the NBAs team marketing and business operations division, known in the industry as TMBO. HBSE, which owns the Sixers and New Jersey Devils, grew its brand and . One of the most decorated executives in the industry, O'Neil' has amassed a . His recently published book, entitled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. O'Neil was a limited partner in Harris Blitzer Sports & Entertainment, whose assets include the 76ers, Devils and the Prudential Center. He and HBSE partners Josh Harris and David Blitzer reached an agreement on a buyout of that stake, ONeil said, without providing specifics. Laugh and cry with you, even when you aren't in the mood. This book is about purposeful living.. Did that influence his decision to depart? The All-Star guard has decided to not compete in the 2021 Olympic Games in Tokyo. Because he was a straight-A student in high school, president of the student body, and captain of three sports teams, he was confident he would get into one of the top schools. The outlet also notes the Sixers are worth $2 billion. The Orlando forward played only 11 games this season after missing two years with a torn ACL. But hes also surprisingly relaxed when, say, a player comes to practice and theyre having a bad day. O'Neil's favorite leadership book, which he urges colleagues read to help them be as objective as possible about their biases and decisions, is Leadership and Self-Deception from the Arbinger Institute. RotoWire names five under-the-radar players who could add value to your rosters as we approach fantasy playoffs. At the time, he and Lisa had a 1-year-old daughter at home. Coincidentally, he dropped by on the day of O'Neil's firing and shared his own lessons from having been dismissed from Sony Pictures. ONeil says hes not the only one. Scott O'Neil (MBA 1998), former CEO of Harris Blitzer Sports & Entertainment, was recently named CEO of the UK-based theme park company Merlin Entertainments, the Wall Street Journal reported recently. The Philadelphia 76ers have replaced Scott O'Neil with former Houston Rockets CEO Tad Brown. he Sixers on Wednesday morning announced CEO Scott O'Neil has "elected to step away from the organization in order to pursue new opportunities.". In 2017, O'Neil was made CEO of Harris Blitzer Sports & Entertainment (HBSE), the holding company for the 76ers, Devils, esports businesses, a marketing and hospitality partnership, and the Prudential Center. Aron will remain on the team's board of directors and said he has increased his ownership stake in the franchise. He isnt even at the Wells Fargo Center in Philadelphia, where he spent eight years as CEO of the 76ers. Theyre wonderful, wonderful young women. If anyone can make that assertion, its ONeil, whos been to the top of that mountain. The idea was HoopsTV, a basketball entertainment service that allowed fans to watch games on their computers. Three months into the job, he had no office phone, laptop, or even business cards. See Scott M O'Neil's compensation, career history, education, & memberships. According to a warrant for Morrow's arrest, he's facing charges of assault by strangulation, second-degree kidnapping and communicating threats. O'Neil oversaw several changes to the 76ers during his time as CEO. The 76ers went from being valued at $415 million in 2013 to a current value of $2.5 billion, according to Sportico. . In his Talk To Me episode, O'Neil sat down with his three daughters - Alexa, 16, Kira, 12, and Eliza, 9. "In his previous job, as president of Madison Square Garden Sports, [Scott O'Neil] helped draw up the Knicks' 2010 free agency pitches to LeBron James, Dwyane Wade, and Chris Bosh (which . Scott ONeil, who until this past summer was the CEO of the Philadelphia 76ers for the past eight years, now coaches his daughter Kiras basketball team. He emphasized how much he wants his daughters to nurture their . He has more than 20 years of experience in the NBA, NHL and NFL. I love this city. In the heady days of the late-'90s dot-com . O'Neil, a Villanova . Im leaving, and weve got 18 women who are VP level or above. O'Neil oversaw several changes to the 76ers during his time as CEO. Im leaving because its time, ONeil told the Associated Press. After a few years at the Nets and as a corporate sales director with the Philadelphia Eagles, ONeil went back to school this time at Harvard Business School. Be Where Your Feet Are: Seven Principles to Keep You Present, Grounded, and Thriving. We know he will find great success in whatever he chooses to accomplish in the future, and we will always be among his biggest advocates.. Find a beach somewhere, bring Lisa and the kids, tuck that phone away and get the you back in you. Find yourself. 385. In Be Where Your Feet Are, Scott O'Neil, CEO of the Philadelphia 76ers and New Jersey Devils, offers his own story of grief and healing, and shares his most valuable lessons in what keeps him present, grounded and thriving as a father, husband, coach, mentor, and leader. He led the Sixers to sign the first jersey patch sponsorship in Big Four sports history, oversaw construction on the largest and most technically advanced training complex in professional sports, the Philadelphia 76ers Training Complex, established an industry-leading Innovation Lab, and became the first U.S. professional sports franchise to acquire a world-renowned esports team. Podcast: Play in new window | Download (Duration: 1:48:46 74.7MB) | Embed Subscribe: Apple Podcasts | Google Podcasts | Spotify | Pandora | Stitcher | RSS | More In this episode of Follow Your Different, we continue our run of legendary authors with today's guest, Scott O' Neil.He is the author of a hot new book called Be Where Your Feet Are: Seven Principles to Keep You Present . In the article, which highlights O'Neil's philosophy that failure is the best teacher, O'Neil outlines potential setbacks he has experienced in his career, including being pushed out of his "then-dream job" as president of New York's Madison . The business failed and he recalibrated, reassessed. If you are having difficulty accessing any content on this website, please visit our Accessibility page. He called on his network of friends, signed up all of them, and made the finals a huge success. Hes out. The Devils have missed the playoffs for three straight seasons. Besides, ONeil is set for life. "You're going to have the urge to prove everybody wrong and show how smart you are, how hard you work, how driven you are, how connected you are. SCOTT O'NEIL is the CEO of Harris Blitzer Sports & Entertainment, a global sports and entertainment company that includes some of the most iconic and innovative teams and brands in the world, including the Philadelphia 76ers (NBA) and the New Jersey Devils (NHL). He made good on his promise, and would later join her church. In a statement, O'Neil said working for HBSE was one of the most difficult challenges of his career "and the most fun I have ever had, because every day brought a new opportunity to learn and develop.". I want the girls on the other team to raise their hand and say, Coach, give me a break, he tells me, grinning. Rethink Investing is a BRW Fast 100 company (2017 & 2018) and Australia's number one buyer's agency for commercial property investors. I think Im going to build another platform, ONeil said Tuesday. T. O'Neil was with Harris Blitzer Sports & Entertainment for eight years. Sign up for our Newsletter and get business advice delivered straight to your inbox! As a conductor, Scott O'Neil recently completed a nine-year tenure as Resident Conductor with the Colorado Symphony in Denver. When the senior VP in charge of TMBO left, O'Neil was put at the helm. Add another task to the Philadelphia 76ers offseason to-do list. Scott O'Neil Net Worth Scott O'Neil Net Worth 2023, Age, Height, Relationships, Married, Dating, Family, Wiki Biography. Scott O'Neil is the chief executive officer of Harris Blitzer Sports & Entertainment whose properties include the NBA Philadelphia 76ers, the NHL New Jersey Devils, and the Prudential Center. In 1999, most computers were unable to stream video (Adobe Flash and YouTube were several years from creation). Scott O'Neil Retweeted. He landed the National Basketball Association's first jersey patch deal in 2016, a new practice facility and helped the Sixers finish first attendance in 2019. The team is now worth $2.5 billion, according to Sporticos latest rankings. His recently published book, titled Be Where Your Feet Are, is about the importance of balancing a professional career with home life. . They connected over sports Elder Sikahema was a former Eagles player, and ONeil a former Eagles employee as well as their faith. . Scott ONeil, 51, head coach for The Pennington School girls varsity basketball team, watches his team play against Solebury School in Pennington, N.J., on Monday, Dec. 6, 2021. It was a disappointing end to a season in which winning a championship was the stated goal all season. After eight successful years guiding Harris Blitzer Sports & Entertainment (HBSE) through exponential growth and expansion, CEO Scott ONeil has elected to step away from the organization in order to pursue new opportunities. The Sixers also became the first team in the NBA to put a sponsorship logo on player uniforms. After spending eight seasons as the CEO of Harris-Blitzer Sports & Entertainment, the managing group of the NBA's Philadelphia 76ers and NHL's New Jersey Devils, Scott O'Neil plans to step down . He had always been enthusiastic about going to work his entire career, but having achieved his major goals, he was struggling to feel passionate (and had some important differences with his boss). "During my time there, we invested over $1 billion to keep the World's Most Famous Arena the greatest on the planet. Share the most personal thoughts, memories, highs and lows because I am okay with it and who I am. a ch H Lang District H Lang, Cao Bang S in thoi:. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. The Sixers were eliminated in the second round of the Eastern Conference playoffs after they earned the top seed. ONeil also is selling his silent limited partnership in the team and its parent company; The Inquirer learned that he was a part-owner Tuesday. Under O'Neil's leadership, HBSE evolved from managing a single team, the Philadelphia 76ers of the National Basketball Association, to an award-winning live sports and entertainment group. He pledged that he would: But it all starts with being fully present. "I cannot overstate how much we value Scott's enormous contributions to the company and how grateful I am for his leadership and partnership in creating a best-in-class culture at HBSE.". Under ONeils leadership, HBSE was built from a single-entity team, the Sixers, to an all-encompassing sports and entertainment franchise that spans two professional teams, an e-sports business, a leading arena and entertainment business, and several growth and venture investments across sports technology. PHILADELPHIA (AP) Adam Aron has stepped down as Philadelphia 76ers CEO and been replaced by former Madison Square Garden Sports president Scott O'Neil. Scott has accomplished so much on behalf of the organization in a relatively short amount of time, driving our growth, culture, and commitment to strengthening the communities in which we live, work, play, and win, Harris said in a statement. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. Phones have to be left at the door during meetings. The pandemic was terrible, but "it forced us to check ourselves, slow down, and to pause time and space to reflect on the lives we were leading." I like big opportunity. While he wasnt specific, ONeil said he would like to build another platform in sports, entertainment, media and technology. Scott O'Neil (second from right) huddles with the . Then call me.". Copyright 2023 Deseret News Publishing Company. The senior ONeil became maniacally competitive and fixated on tanking his former co-worker, Scott ONeil said. Whoever it is, his or her plate will be full. By Elder Sikahemas count, it morphed into a five-minute standoff. His departure comes at a time the Sixers are in transition on and off the court. "Bloomberg Opinion" columnists offer their opinions on issues in the news. The group launched HBSE in 2017, and the scope of its current work now includes new verticals like real estate and venture investing. He had never worked in a big bureaucracy before and was finding it impossible to get anything done. His interview subjects have included Bill Gates, Richard Branson, Meg Whitman, Reed Hastings, Howard Schultz, Larry Ellison, Kathy Ireland, and Quincy Jones. View Scott O'Neil's professional profile on LinkedIn. If you are having difficulty accessing any content on this website, please visit our Accessibility page. On a Monday evening in December, Scott ONeil is sitting courtside. ONeils leadership and role as a change agent within the sports and entertainment industry was widely lauded, as Philadelphia Magazine recognized him one of the Most Innovative Leaders in Philadelphia. Challenge you to raise the bar beyond your expectations. He helped bring the NBA its first jersey patch deal back in 2016 and helped the Sixers have the highest regular-season attendance in 2019, according to CNBC. During his time with HBSE, ONeil and his team were recognized for his impact in creating an innovative and best-in-class workplace and workforce, with the Sixers being named one of the Top 50 Cultures in the nation by Entrepreneur (2017). However, the team finished with a 19-30-7 this season and haven't made the playoffs since 2018. On Wednesday, O'Neil announced he is stepping down from his position with both the Sixers and . Tom Ford. "Along the way, I fell in love with learning, something that became a lifelong pursuit," O'Neil said. They still remember it as the best trip of their lives. Winning has never been everything for ONeil. He realized, however, that he lacked the professional skills to be a great manager, so he applied to the Harvard Business School to enter its MBA program and was accepted. "Scott has accomplished so much on behalf of the organization in a relatively short amount of time, driving our growth, culture, and commitment to strengthening the communities in which we live, work, play, and win," Harris said in a statement. SCOTT O'NEIL is one of the most recognized, connected and dynamic executives in the sports and entertainment industry today. RotoWire names five under-the-radar players who could add value to your rosters as we approach fantasy playoffs. "The environment is about learning how to be a great CEO and creating lifelong relationships--it's not about grades," he was told. Under O'Neil's direction, the 76ers became the first U.S. professional sports franchise to own an e-sports team and notched .