He also spent nearly a decade in the NBAs team marketing and business operations division, known in the industry as TMBO. The Philadelphia 76ers are looking to move on following a tough Game 7 loss at home to the Atlanta Hawks in the second round of the playoffs. 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." 2023 Sportico Media, LLC. When we spoke earlier this month, ONeil was still in exploration mode. Their commitment to our teams, brands, employees and most importantly their commitment to serving the City of Philadelphia, Newark and Camden made our success together possible. A day after longtime broadcaster Marc Zumoff retired, and 10 days after Ben Simmons ignominious refusal to dunk in an elimination playoff-game loss, ONeil on Wednesday announced his resignation after eight years. As the CEO of the Philadelphia 76ers, the New Jersey Devils and the Prudential Center, Scott O'Neil lives and breathes sports. The outlet also notes the Sixers are worth $2 billion. He also helped create HBSE Venture Fund and HBSE Real Estate to round out the portfolio. He sees other basketball titans moving on, and wonders if the changing world didnt influence them, too: Duke coach Mike Krzyzewski, Celtics president Danny Ainge, Celtics coach Brad Stevens, Warriors president Rick Welts. 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. Philadelphia 76ers incoming Chief Executive Officer Scott ONeil speaks to reporters at the teams NBA basketball training facility in Philadelphia on Monday, July 8, 2013. Still, the timing seems curious, considering the additions of Rivers and Morey, their resumes, and their egos. O'Neil offered to try to get all 30 teams on board with marketing it, though NBA management was skeptical. Hes not at Madison Square Garden, home of the New York Knicks, where he once served as president. He and HBSE partners Josh Harris and David Blitzer reached an agreement on a buyout of that stake, ONeil said, without providing specifics. "During my time there, we invested over $1 billion to keep the World's Most Famous Arena the greatest on the planet. Episode #419: Scott O'Neil - How To Be Where Your Feet Are. He has more than 25 years of experience leading NBA, NHL and NFL teams and leagues, including the National Basketball Association, Philadelphia 76ers, New York Knicks, New Jersey Nets, Philadelphia Eagles, New York Rangers and New Jersey Devils. "Along the way, I fell in love with learning, something that became a lifelong pursuit," O'Neil said. Whoever it is, his or her plate will be full. 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 team is now worth $2.5 billion, according to Sporticos latest rankings. 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. A career is like climbing a mountain, ONeil observed all that rah-rah stuff. But once you get to the top of that summit, he mused, you look around, and its friggin lonely up there.. He told players, staff, and fans to "trust the process" of long-term rebuilding, "since there is no short-cut to the top, only the middle": he urged them to have a big vision, even if it is ahead of the market; do the work and pay the short-term price; make lemonade out of lemons. Ive been here 18 years, he said. That duality between a fast-paced, competitive CEO and a thoughtful, meditative dad-coach who knows when to press pause has defined ONeils secret career sauce. A mentor changed O'Neil's career by challenging him to write his personal "leadership constitution," a summary of what his most important principles and commitments are, as well as what his colleagues can absolutely count on him to be and do. Share the most personal thoughts, memories, highs and lows because I am okay with it and who I am. Scott M. O'Neil had a seemingly charmed life in 2008. The Sixers at the time ranked 29th in attendance, had a minor league facility in a private medical school and no stars, and they soon underwent a metamorphosis that saw them open a swanky new complex in Camden in 2016, draft All-Stars Joel Embiid and Ben Simmons and shoot to the top of NBA attendance. His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. The Pennington School girls varsity basketball team takes a seat on the bench before starting a game in Pennington, N.J., on Monday, Dec. 6, 2021. But before the blade descended, he knew things were not going as well as they looked on the outside. "Bloomberg Opinion" columnists offer their opinions on issues in the news. Could he have stayed? Its very likely.. His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. Here, he has built a frontline brand that, less than a decade ago, was an afterthought. ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras team. ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. He emphasized how much he wants his daughters to nurture their . The Sixers should target Damian Lillard in a Ben Simmons trade | Keith Pompey, Sixers assistant Sam Cassell interviews for Washington Wizards head coaching position, California residents do not sell my data request. The group launched HBSE in 2017, and the scope of its current work now includes new verticals like real estate and venture investing. Was ONeil forced out? Scott O'Neil departs Harris Blitzer Sports and Entertainment after landing the NBA's first jersey patch and NHL's first helmet sponsorships. I love this team. There, then-HBS Dean Kim Clark became a mentor and a friend (Clark, a Latter-day Saint, later served as the commissioner of Church Education). They connected over sports Elder Sikahema was a former Eagles player, and ONeil a former Eagles employee as well as their faith. "Don't let your Type A crazy take over," Guber told him. Scott ONeil, 51, head coach for The Pennington School girls varsity basketball team, stands next to his daughter, Kira, before their game in Pennington, N.J., on Monday, Dec. 6, 2021. 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. 157. It found an initial market, but the idea proved ahead of its time. 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. But he learned from the failure and gradually worked out the principles of good speaking: When he became CEO of the 76ers in 2013, they were one of the worst performers in the NBA and would soon set a new NBA record for the number of consecutive losses. But we already know that, so fight off your instincts and take some time and space to decompress. Coaching his daughters team is something hes done every winter for some 17 seasons and counting, from 5-year-old junior squads to middle school to now. Under ONeils leadership the value of the HBSE assets has mushroomed. Scott O'Neil (second from right) huddles with the officials and then-coach Brett Brown (left) before a 76ers game. "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 . HBSE expanded into ownership with other sports and entertainment companies. The Sixers' parent company, HBSE, has yet to name a replacement for their outgoing lead business executive. He had a wonderful marriage, three amazing daughters, lots of friends, and talented colleagues, he recalled. June 30, 2021 12:00 pm ET. Scott ONeil is stepping down from his role as CEO of Harris Blitzer Sports & Entertainment, the company which owns the New Jersey Devils and Philadelphia 76ers, the teams announced on Wednesday. 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. READ MORE: Sixers assistant Sam Cassell interviews for Washington Wizards head coaching position. The sports company is run by Apollo Global Management co-founder Josh Harris and Blackstone executive David Blitzer. SCOTT O'NEIL is one of the most recognized, connected and dynamic executives in the sports and entertainment industry today. The team's next CEO will be tasked with keeping the franchise stable on the business front, landing the Sixers a new arena, and possibly steering the NBA's All-Star Game back to the city. . But once ONeil offered to help, he immediately had them in contact with Temple University, Villanova University and the Wells Fargo Center, home of the 76ers. 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. His team plays physical and fast, utilizing a full-court press and wearing out the opponent. 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. 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. O'Neil realized the critical need for more diversity of all kinds, which would benefit the organization from the increase in talents and insights. 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. Scott ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. After that, I felt like I could ask him anything, Elder Sikahema said, and the two became close friends. ONeil said that he will remain to help in both the search and the transition. Thats part of the reason why ONeils grateful to refocus. 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. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. It paid off in 2005 when he came up with a proposal to promote the NBA Finals, which had dim prospects to draw a large TV audience because of a lack of enthusiasm for some of the qualifying teams. The veteran broadcaster had spent the last 27 years calling Philadelphia 76ers games. a ch H Lang District H Lang, Cao Bang S in thoi:. To create inviolable segments to allow him to focus, O'Neil blocks out time for everything in his professional and personal life, from exercise and morning prayer to conference calls and listening to feedback. Sixers CEO Scott O'Neil resigns after eight years of 'The Process,' the franchise's latest seismic news. Scott ONeil, 51, head coach for The Pennington School girls varsity basketball team, talks with the team during a timeout in Pennington, N.J., on Monday, Dec. 6, 2021. 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. Scott O'Neil, chief executive of the NBA's Philadelphia 76ers and the NHL's New Jersey Devils, reflects on the challenges of the pandemic, conversations about social justice, the future of US . Then call me.". When the senior VP in charge of TMBO left, O'Neil was put at the helm. I think that the right person coming in here will be a wonderful steward of this brand for years. In 1999, most computers were unable to stream video (Adobe Flash and YouTube were several years from creation). ONeil is leaving after eight years to pursue new opportunities., Im not riding off into the sunset, ONeil told Sportico. ONeils focus on diversity long predated the murder of George Floyd and the tinderbox of outrage it ignited. Philadelphia rebounds from back-to-back tough defeats by leaning on its reliable defense and pushing series to a decisive game. By 26, he was newly married and director of corporate sales for the Philadelphia Eagles National Football League team. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. . O'Neil oversaw several changes to the 76ers during his time as CEO. 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.". . Three days after their first meeting, church representatives from Salt Lake City came to meet with Elder Sikahema then a Philadelphia-area lay church leader to look for potential venues for a cultural celebration in conjunction with the churchs new Philadelphia temple. If a bid is submitted, Philadelphia could potentially host two major league all-star games in one year. ONeil, a Villanova graduate, also has local ties from a previous job as vice president of sales with the Philadelphia Eagles. The franchise value Devils declined 4% and now worth $530 million, according to Forbes. Sign up for our Newsletter and get business advice delivered straight to your inbox! The 76ers went from being valued at $415 million in 2013 to a current value of $2.5 billion, according to Sportico. H Lang District l mt a im c sp xp trong danh mc Chnh Tr v H Lang District nm a ch H Lang, Cao Bang.Ngoi ra bn cng c th tm kim thng tin ca doanh nghip trong khu vc t cc lin kt. Hypergrowth, super growth. 30, 2021, 9:39 a.m. Scott O'Neil, the CEO of the parent company that owns the Philadelphia 76ers and New Jersey Devils, has resigned after an eight-year run. Find yourself. Sixers CEO Scott O'Neil leaves organization. Scott O'Neil is CEO at Harris Blitzer Sports & Entertainment, co-managing partner at Elevate Sports Ventures, CEO with Prudential Center and New Jersey Devils, and CEO with the Philadelphia 76ers. On a Monday evening in December, Scott ONeil is sitting courtside. Scott O'Neil, 51, head coach for The Pennington School girls varsity basketball team, talks with the team during a timeout in Pennington, N.J., on Monday, Dec. 6, 2021. Scott ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras team. O'Neil announced Wednesday he was leaving Harris Blitzer Sports & Entertainment after he helped lead scores of projects under the HBSE banner such as the Grammy Museum at . I think a total transformation in growth of the business, brand and relevance in the city, the country is probably the biggest thing, ONeil said. 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The All-Star guard has decided to not compete in the 2021 Olympic Games in Tokyo. Im ready to find another mountain to climb.. For 20 years, ONeil spent weeknights and weekends in basketballs most vaunted venues. His proper title grew to become CEO of not just the 76ers but, as the ownership group expanded its interests, of also Harris Blitzer Sports & Entertainment. On the Devils front, O'Neil landed the team the NHL's first helmet sponsor last December. Kevin Huerter and Trae Young stepped up in Game 7's key moments, while Kia MVP finalist Joel Embiid stumbled down the stretch. Before the pandemic, rumblings around the league suggested the Sixers and city officials could make a bid for the 2026 event, but a decision to present a proposal to the NBA has not been made. Data is a real-time snapshot *Data is delayed at least 15 minutes. ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. He pledged that he would: But it all starts with being fully present. ONeil and his co-founder failed to foresee that the internet, still in its infancy, would not be able to keep pace with the vision. The city is already set to host Major League Baseball's All-Star Game at the Phillies' Citizens Bank Park that year. Scott avails his network to share poignant life lessons from an array of . Coincidentally, he dropped by on the day of O'Neil's firing and shared his own lessons from having been dismissed from Sony Pictures. Im leaving, and weve got 18 women who are VP level or above. Scott O'Neil sees 76ers owner Harris . 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. I want the girls on the other team to raise their hand and say, Coach, give me a break, he tells me, grinning. Sign up for free newsletters and get more CNBC delivered to your inbox. I gradually learned to give up on trying to find so-called work-life balance, which doesn't breed greatness, while being wholly present in the moment can. It was a disappointing end to a season in which winning a championship was the stated goal all season. His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. ONeil recently released a new book called Be Where Your Feet Are: Seven Principles to Keep You Present, Grounded and Thriving which talks about being present and focused in everything you do, as the Deseret News reported. O'Neil landed the job back in 2013. SCOTT O'NEIL is one of the most recognized, connected and dynamic executives in the sports and entertainment industry today. 385. The veteran broadcaster had spent the last 27 years calling Philadelphia 76ers games. At the suggestion of Chad Lewis, a former BYU and NFL player, the two met at a local Philly deli. Its his daughters high school basketball game, and hes the coach. Scott ONeil, 51, head coach for The Pennington School girls varsity basketball team, watches warmups in Pennington, N.J., on Monday, Dec. 6, 2021. Im not riding off into the sunset, ONeil said in an interview. Got a confidential news tip? Scott O'Neill is a professional property investor with a current portfolio of 32 properties worth over $20 million, and the Director of Rethink Investing. I write about sports and the issues that surround them. Durant, a four-time scoring champion, now sets his sights on Hakeem Olajuwon in 12th place. . He isnt even at the Wells Fargo Center in Philadelphia, where he spent eight years as CEO of the 76ers. His feet wont be on the floor of the Wells Fargo Center anymore. 76ers and Devils Honor MLK Day, Open Applications for "Buy Black Program" for Ambitious . 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. One of the most decorated executives in the industry, O'Neil' has amassed a . Thats over. A sign over the door to the gym is seen at The Pennington School in Pennington, N.J., on Monday, Dec. 6, 2021. They still remember it as the best trip of their lives. Hes out. If you are having difficulty accessing any content on this website, please visit our Accessibility page. Hired in 2013, O'Neil is credited for helping rebrand the Sixers over his eight seasons with the club. 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. ONeil announced Wednesday he was leaving Harris Blitzer Sports & Entertainment after he helped lead scores of projects under the HBSE banner such as the Grammy Museum at the Prudential Center and the creation of a state-of-the-art Sixers complex, both in New Jersey. During lockdowns, he and the family played board games, put together puzzles, baked, had movie nights, read, held cleaning parties, and went for walks. Eight years ago, Scott O'Neil joined the Philadelphia 76ers as the CEO of Harris & Blitzer Sports and Entertainment. 76ers CEO Scott O'Neil will also be CEO of Devils and Prudential Center. 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). Winning has never been everything for ONeil. Kevin Huerter and Trae Young stepped up in Game 7's key moments, while Kia MVP finalist Joel Embiid stumbled down the stretch. Challenge you to raise the bar beyond your expectations. 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.