We want to hear from you. They are smart enough. Aron was part of the group that bought the . The Sixers alone were valued at roughly $415 million in 2013. Durant, a four-time scoring champion, now sets his sights on Hakeem Olajuwon in 12th place. 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. LinkedIn is the world's largest business network, helping professionals like Scott O'Neil discover inside connections to recommended job candidates, industry experts, and business partners. The next CEO will be tasked with helping the Sixers land a new arena and increasing the value of the New Jersey Devils. PHILADELPHIA (CBSNewYork/AP) Adam Aron stepped down as Philadelphia 76ers CEO on Monday and was replaced by former Madison Square Garden Sports president Scott O'Neil. 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. They chose smart draft picks, ignored the noise, recruited new leaders, and invested in the goals. All Rights Reserved. This book is about purposeful living.. If you are having difficulty accessing any content on this website, please visit our Accessibility page. a ch H Lang District H Lang, Cao Bang S in thoi:. 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. Thanks for contacting us. 385. On behalf of everyone at HBSE, we thank Scott for his transformational leadership, drive and passion, and we look forward to celebrating his future successes.. But I think Ive done what I came here to do.. His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. RotoWire names five under-the-radar players who could add value to your rosters as we approach fantasy playoffs. This is my home., READ MORE: The Sixers should target Damian Lillard in a Ben Simmons trade | Keith Pompey. 76ers CEO Scott ONeil just published a book called Be Where Your Feet Are. Questions for Scott O'Neil, CEO, Harris Blitzer Sports and Entertainment, Ownership Group of the Philadelphia 76ers and New Jersey Devils 1: There is so much to talk about regarding the current state of the sports industry, where we are headed, what the future looks like, employment and growth - but I want to dive into your book first. One of the most decorated executives in the industry, O'Neil' has amassed a . But only two of the eight he applied to accepted him, "giving me a giant chip on my shoulder. 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. Our players with the Philadelphia 76ers and New Jersey Devils can be found visiting children . 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.". The Sixers alone were valued at roughly $415 million in 2013. Scott O'Neil Net Worth Scott O'Neil Net Worth 2023, Age, Height, Relationships, Married, Dating, Family, Wiki Biography. By 26, he was newly married and director of corporate sales for the Philadelphia Eagles National Football League team. Kevin Huerter and Trae Young stepped up in Game 7's key moments, while Kia MVP finalist Joel Embiid stumbled down the stretch. These girls will be running a company someday, ONeil says of his players. Ask NBA Commissioner Adam Silver about ONeil, and he throws around words like talented and smart, pointing to his proven track record of success. The team announced Wednesday that . 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. Coaching a team is very analogous to running a company, he tells me, listing off all the characteristics of successful executives: be a hard worker, be intellectually curious and be an extraordinary teammate. "Don't let your Type A crazy take over," Guber told him. Below, a portion of the release. The veteran broadcaster had spent the last 27 years calling Philadelphia 76ers games. I would like to thank Josh Harris and David Blitzer for inspiring, engaging and empowering me to bring together the most talented executive team in sports and entertainment, ONeil said. 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. And on Tuesday, long-time play-by-play TV announcer Marc Zumoff announced his retirement. Scott O'Neil is the former Chief Executive Officer of Harris Blitzer Sports & Entertainment, an organization with the mission of building passionate, high-performing teams that inspire and enhance the communities where its fans live, work, play and win. 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. Find a beach somewhere, bring Lisa and the kids, tuck that phone away and get the you back in you. "Bloomberg Opinion" columnists offer their opinions on issues in the news. Its very likely.. And, ever the competitor, ONeil cant help but allow his 20 years of experience in the ruthless world of sports shape his coaching style. Philadelphia rebounds from back-to-back tough defeats by leaning on its reliable defense and pushing series to a decisive game. Thats over. Rethink Investing is a BRW Fast 100 company (2017 & 2018) and Australia's number one buyer's agency for commercial property investors. . It wasn't Doc Rivers and Daryl Morey, Ben Simmons' dogged refusal to shoot, or even all of the losing. Last December, ONeil secured the NHLs first helmet sponsor for the Devils. . Coincidentally, he dropped by on the day of O'Neil's firing and shared his own lessons from having been dismissed from Sony Pictures. The Pennington School girls varsity basketball team plays against Solebury School in Pennington, N.J., on Monday, Dec. 6, 2021. He is the author of the books How to Make Money in Stocks, 24 Essential Lessons for Investment Success and The Successful Investor among others, and is the creator of the . Kriston Jae Bethel for The Wall Street Journal. He made good on his promise, and would later join her church. I like big opportunity. While he wasnt specific, ONeil said he would like to build another platform in sports, entertainment, media and technology. Add another task to the Philadelphia 76ers offseason to-do list. Has he really climbed this one? Perhaps the biggest wake-up call came from the national protests related to the unjust killing of George Floyd and other Black individuals by police. The Pac-12 and SEC commissioners will be bringing NIL issues to lawmakers, High school girls golf: 3A region recaps, Richfield, Morgan, Union and Judge Memorial claim region titles, High school boys soccer: 3A/2A second round recap from Wednesdays games, It reportedly wont be long until the Mountain West Conference eliminates divisions, Change may be on the way for the transfer portal and college football recruiting, Im leaving because its time, ONeil told, 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, according to, The book its not a pat-yourself-on-the back, victory lap, Lego Guy Everything is awesome. Its the opposite of that, ONeil said. Im leaving because its time, ONeil told the Associated Press. "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.". We are immensely grateful to Scott for his partnership over these past eight years of unprecedented growth, Blitzer said in a statement. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. I want the girls on the other team to raise their hand and say, Coach, give me a break, he tells me, grinning. But in June 2021, ONeil unexpectedly stepped away from his post as CEO of Harris Blitzer Sports & Entertainment, the parent company of the 76ers and the New Jersey Devils hockey team, citing a desire to seek new opportunities.. 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. Scott O'Neil . Ready to formally establish your startup? 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. On behalf of everyone at HBSE, we thank Scott for his transformational leadership, drive and passion, and we look forward to celebrating his future successes.. And people of color now make up 34% of our company.. ONeil will try to change the world from outside of the business. See Scott M O'Neil's compensation, career history, education, & memberships. O'Neil is responsible for the organization's leadership, strategic vision, operations, and growth, including the pursuit and acquisition of sports . ONeil is leaving after eight years to pursue new opportunities., Im not riding off into the sunset, ONeil told Sportico. The Philadelphia 76ers are the first pro sports team in the U.S. to invest in an eSports team. I think that the right person coming in here will be a wonderful steward of this brand for years. 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. O'Neil served as CEO of Harris Blitzer Sports and Entertainment, which owns the Sixers and National Hockey League's New Jersey Devils. Winning has never been everything for ONeil. "There was nowhere I would rather have been because MSG was this incredible brand with indescribable energy and amazing scope," O'Neil told Startup Savant. All Rights Reserved. I want people to know that Josh and David care about this organization, care about winning and they put the resources into it.. When I got here, we were 95% white men, ONeil said. Since then, he says, its been a constant learning process in his roles from the front office to his personal relationships. They have not come close. ONeil, who until this past summer was the CEO of the Philadelphia 76ers for the past eight years, now coaches Kiras basketball team. Im ready to find another mountain to climb.. Then call me.". PHILADELPHIA (AP) Scott ONeil, the CEO of the parent company that owns the Philadelphia 76ers and New Jersey Devils, has resigned after an eight-year run in which he shepherded The Process and the Prudential Center. The team failed to reach the conference finals despite finishing first in the East. He will step down from the Elevate board, but will retain his equity stake. But with the political turmoil of the last six years, the social justice initiatives with which so many Sixers staff and employees were involved, and the tragedy and polarization of the coronavirus pandemic, ONeil, like many high-profile executives, reevaluated his life and his world. 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. Scott ONeil, 51, head coach for The Pennington School girls varsity basketball team, talks with the team during halftime in Pennington, N.J., on Monday, Dec. 6, 2021. the Sixers' Managing Group, Harris Blitzer Sports & Entertainment CEO Scott O'Neil, stepped down . "Along the way, I fell in love with learning, something that became a lifelong pursuit," O'Neil said. I think that the right person coming in here will be a wonderful steward of this brand for years. It helps explain his conversion to The Church of Jesus Christ of Latter-day Saints, why he incorporates meditation into his regimen, and why he made time to write his first book, titled Be Where Your Feet Are, released earlier this year. ONeil said working for HBSE brought him immense challenges, according to CNBC. Anything worth achieving is going to require you to make tough choices." (sacrifice, discipline, fortitude) @BallisPsych. The Journal notes that Merlin Entertainments is second in size only to Disney in the theme park space, with more than 140 attractions in 24 countries, featuring partnerships with Lego, Hasbro . He joins us to share the wisdom and incredible experiences of happiness, leadership and success that he has gained throughout his life. Scott O'Neil departs Harris Blitzer Sports and Entertainment after landing the NBA's first jersey patch and NHL's first helmet sponsorships. His black hair slicked and shellacked, his hand clutching a walkie-talkie, his eyes gazing into the distance at the next crisis in need of resolution. 2023 CNBC LLC. Amid the dot-com boom, it sounded like a billion-dollar idea, and its slogan prophesied its intended success: If basketball is your religion, HoopsTV.com is your church.. His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. Published: Jun. He helped the team enter the modern era by helping the team get out of PCOM and into their own facility. 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. Scott O'Neill is a professional property investor, best selling author and the Managing Director of the "ReThink" group of companies. 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. ONeil, in an attempt to revolutionize the sports entertainment world, ran himself too far ahead. 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. 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. O'Neil, a Villanova . 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 O'Neil's history with 76ers, faith and HBSE. 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. A professor told him that he should, instead, regard them as 900 friends who could help him and recommended he try to assist them (a third spoke English as a second language, for starters). But a video-heavy site before Wi-Fi was ubiquitous failed during the dot-com meltdown of 2000, forcing him to fire his brother, while his credit for years. But now, both he and they are in the right spot all the fun and all the action, he says, smiling, happens on the way up., Copyright 2023 Deseret News Publishing Company. The Sixers' parent company, HBSE, has yet to name a replacement for their outgoing lead business executive. In an era when inclusion matters, the Sixers corporate offices look a lot less homogeneous than they did in 2013. We want to hear from you! Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. The outlet also notes the Sixers are worth $2 billion. In the heady days of the late-'90s dot-com . Get this delivered to your inbox, and more info about our products and services. Under ONeils leadership the value of the HBSE assets has mushroomed. Drive hard to reach the summit and then quickly start on another mountain. 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. County Hall Arts(CHA) . Hypergrowth, super growth. In a little over a year, he was able to turn $5,000 worth of investments into more than $200,000 of profits. Hes not at Madison Square Garden, home of the New York Knicks, where he once served as president. Centerpiece center Joel Embiid still gets hurt, Simmons still wont shoot, and the team hasnt advanced beyond the second round of the playoffs. Elder Vai Sikahema, a former NFL Pro-Bowler, longtime newscaster in the Philadelphia area and now a general authority seventy of the Church of Jesus Christ, remembers the first time he met ONeil. SCOTT O'NEIL is one of the most recognized, connected and dynamic executives in the sports and entertainment industry today. However, the team finished with a 19-30-7 this season and haven't made the playoffs since 2018. ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. Its what he credits with steering his natural competitive drive in the proper direction. The business failed and he recalibrated, reassessed. [ONeils] ambition, strategic outlook, and innovative mindset have been instrumental to the success of our business, Sixers co-owner David Blitzer said in a statement. Seventeen years ago, while coaching his daughters 5-year-old rec league team for the first time, an official threatened to kick ONeil out for egging his team on too aggressively. The group launched HBSE in 2017, and the scope of its current work now includes new verticals like real estate and venture investing. By 29, he was vice president of Team Marketing and Business Operations (TMBO) at the National Basketball Association. The Philadelphia 76ers have replaced Scott O'Neil with former Houston Rockets CEO Tad Brown. Add another task to the Philadelphia 76ers offseason to-do list. 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. This company has grown through a culture of extraordinary teammates willing to be innovative, having the discipline to do the work, and a courage to lead from the front. 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. ONeils focus on diversity long predated the murder of George Floyd and the tinderbox of outrage it ignited. My world view has 100% changed, ONeil said. The Wall Street Journal's May 8, 2021, print edition featured Scott O'Neil, CEO of the Philadelphia 76ers and the New Jersey Devils. Long before he became the CEO of the Philadelphia 76ers NBA team and the New Jersey Devils NHL team, Scott O'Neil was working fifty hours a week as a teenager, digging pools, landscaping, working . Scott ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. 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. Of course, running a franchise that intentionally went 75-253 from 2013-17 would mellow anyone. He wont go far, he said. (Rethink Investing, Rethink Financing, Rethink Property Lawyers & Rethink Property Insurance).<br><br>Rethink Investing is a BRW Fast 100 company (2017 & 2018) and Australia's largest and most experienced buyer's agency for commercial property investors . The city is already set to host Major League Baseball's All-Star Game at the Phillies' Citizens Bank Park that year. It now . Still, the timing seems curious, considering the additions of Rivers and Morey, their resumes, and their egos. While I thoroughly enjoyed every moment of my time here, I am even more excited to build, grow, and drive my next platform., 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, said HBSE Co-Founder Josh Harris. Im leaving, and weve got 18 women who are VP level or above. His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. The team is now worth $2.5 billion, according to Sporticos latest rankings. The owners merged their holdings in 2017 and formed HBSE. Im ready to go.. . Tell them what you are going to tell them, then tell them, and summarize what you just said. Scott loved his parents, and he may have inherited some of his fathers competitiveness, though hes tried to learn from ONeil Sr.s missteps. But nothing is more important than his family. Josh and David are extraordinary leaders, partners and friends. Who is new Runnin Ute Keba Keita and how is Utahs 2022-23 roster shaping up? ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches Kiras basketball team. The 52-year-old O'Neill was the CEO of Harris Blitzer Sports & Entertainment, which runs both the National Basketball Association's Philadelphia 76ers and the National Hockey League's New . They connected over sports Elder Sikahema was a former Eagles player, and ONeil a former Eagles employee as well as their faith. Additionally, he became acting Co-Managing partner for Elevate Sports Ventures, a sports and entertainment agency he helped to create in a partnership between HBSE, Live Nation Entertainment | Ticketmaster, the San Francisco 49ers and Oak View Group. He also spent nearly a decade in the NBAs team marketing and business operations division, known in the industry as TMBO. But before the blade descended, he knew things were not going as well as they looked on the outside. I very much appreciate his insights and friendship, Silver told the Deseret News, noting their long professional relationship. Philadelphia 76ers CEO Scott O'Neil is leaving the organization to pursue new opportunities, according to a team press release. Harris, whose net worth is estimated at $2.1 billion, heads a new group that includes Blitzer, a minority shareholder . value of the HBSE assets has mushroomed. Scott O'Neil Retweeted. HBSE expanded into ownership with other sports and entertainment companies. HBSE did not immediately name a successor. ONeil talks about the HoopsTV debacle as a watershed moment in his career. Get the life back in your eyes. ONeil, a Villanova graduate, also has local ties from a previous job as vice president of sales with the Philadelphia Eagles. CAMDEN, N.J. - JUNE 30, 2021 . Under ONeils direction, the 76ers became the first U.S. professional sports franchise to own an e-sports team and notched the first jersey patch sponsorship in Big Four sports history. 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. I like big opportunity..