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 . 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 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 . I write about sports and the issues that surround them. But only two of the eight he applied to accepted him, "giving me a giant chip on my shoulder. Coincidentally, he dropped by on the day of O'Neil's firing and shared his own lessons from having been dismissed from Sony Pictures. O'Neil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kira's basketball team. The last six years have changed the way O'Neil sees the world, he said. He emphasized how much he wants his daughters to nurture their . I want people to know that Josh and David care about this organization, care about winning and they put the resources into it.. Scott ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. 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. Four years later, he was very publicly fired, "a modern version of the guillotine," he wrote in his new book Be Where Your Feet Are: Seven Principles to Keep You Present, Grounded, and Thriving (with Randal Wright and Michele Bender, from St. Martin's). Aron was part of the group that bought the . 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. The man who oversaw The Process is done processing. 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. The group launched HBSE in 2017, and the scope of its current work now includes new verticals like real estate and venture investing. 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. 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. "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 . Ready to formally establish your startup? ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. O'Neil was a limited partner in Harris Blitzer Sports & Entertainment, whose assets include the 76ers, Devils and the Prudential Center. "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. Not everybody is ready to hear, get on your knees and pray at night, and whip out your scriptures and get your butt to church.. 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 . When he does go back to work, he said, hell try to replicate the corporate turnaround he helmed in Philadelphia, where a $280 million franchise grew in value sevenfold in just eight years. Kevin Huerter and Trae Young stepped up in Game 7's key moments, while Kia MVP finalist Joel Embiid stumbled down the stretch. The Orlando forward played only 11 games this season after missing two years with a torn ACL. Be Where Your Feet Are: Seven Principles to Keep You Present, Grounded, and Thriving. He is also an acting co-managing partner for Elevate Sports Ventures. In the heady days of the late-'90s dot-com . Scott O'Neil is the author of B According to a warrant for Morrow's arrest, he's facing charges of assault by strangulation, second-degree kidnapping and communicating threats. Scott ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. 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. He will step down from the Elevate board, but will retain his equity stake. ONeil, who until this past summer was the CEO of the Philadelphia 76ers for the past eight years, now coaches Kiras basketball team. SCOTT O'NEIL is one of the most recognized, connected and dynamic executives in the sports and entertainment industry today. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. For 20 years, ONeil spent weeknights and weekends in basketballs most vaunted venues. 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. O'Neil announced . NBA.com is part of Warner Media, LLCs Turner Sports & Entertainment Digital Network, *Translations are limited to select pages, Sixers announce exit of longtime CEO Scott ONeil, Zumoff, longtime voice of 76ers, set to retire, Huerter, Young shine in 4th; Embiid not enough, Ex-NBA player Morrow facing assault charges, Durant passes 'Big O' for 13th in career points, NBA Fantasy: Under-the-radar additions for playoffs, Magic's Isaac (torn adductor) out for rest of season, Triple-double win streak shows Jokic dominance, NBA DFS Picks: Yahoo plays and strategy for March 3. The best insights from the ultimate insiders, 2023 NYP Holdings, Inc. All Rights Reserved, Target the total in Devils vs. Golden Knights, NHL trade deadline grades: Why Rangers struck gold with Patrick Kane, Devils acquiring Sharks star in NHL blockbuster, Lou Lamoriello talks about what's next for Islanders, Daniel Jones needs to see big picture in Giants negotiations, Red-hot Jon Rahm no match for wind-swept Bay Hill: 'F--king hard', The Marchand and Ourand Sports Media Podcast, The Show with Joel Sherman and Jon Heyman, Amazin' But True: A NY Mets Baseball Podcast, Gangs All Here: A NY Jets Football Podcast, Kellyanne Conway and George Conway to divorce, Canadian teacher with size-Z prosthetic breasts placed on paid leave. By 26, he was newly married and director of corporate sales for the Philadelphia Eagles National Football League team. 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. Scott O'Neil sees 76ers owner Harris . "Bloomberg Opinion" columnists offer their opinions on issues in the news. Scott O'Neil has stepped down as CEO of the Philadelphia 76ers/New Jersey Devils after 8 years with Harris Blitzer . His team plays physical and fast, utilizing a full-court press and wearing out the opponent. We are immensely grateful to Scott for his partnership over these past eight years of unprecedented growth, Blitzer said in a statement. Im kind of OK with messy. His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. They still remember it as the best trip of their lives. 76ers CEO Scott O'Neil will also be CEO of Devils and Prudential Center. For now. 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. Thanks for contacting us. A Villanova grad who once worked for the Eagles, ONeil was raised in Newburgh, N.Y., but hes a Philly guy now. 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. All Rights Reserved, Philadelphia 76ers CEO Scott ONeil has stepped down. 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. We've received your submission. FILE - Philadelphia 76ers incoming chief executive officer Scott O'Neil speaks to reporters at the team's NBA basketball training facility in Philadelphia, in this Monday, July 8, 2013, file photo. ONeil has also been serving as co-managing partner of Elevate Sports Ventures, a consulting firm launched in 2018 by HBSE and the San Francisco 49ers. The Pennington School girls varsity basketball team plays against Solebury School in Pennington, N.J., on Monday, Dec. 6, 2021. During his time there he performed with some of the classical world's elite soloists, such as Itzhak Perlman, Joshua Bell, Nadja Salerno-Sonnenberg, Pinchas Zukerman, Lang Lang, Van Cliburn, Christopher O'Riley, Cameron Carpenter and Sharon Isbin, as well as . Then an important mentor passed away unexpectedly, a close friend took his own life, and his father descended into dementia. His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. 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. Three months into the job, he had no office phone, laptop, or even business cards. I love this team. He wont go far, he said. Scott O'Neil is one of America's most admired sports executives, CEO of the Philadelphia 76ers and author of Be Where Your Feet Are. Kriston Jae Bethel for The Wall Street Journal. Centerpiece center Joel Embiid still gets hurt, Simmons still wont shoot, and the team hasnt advanced beyond the second round of the playoffs. 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.. Scott ONeil, 51, head coach for The Pennington School girls varsity basketball team, watches warmups in Pennington, N.J., on Monday, Dec. 6, 2021. 76ers and Devils Honor MLK Day, Open Applications for "Buy Black Program" for Ambitious . In 2020, the Sixers captured the division title for the first time in 20 years. This documentary-style series follows investigative journalists as they uncover the truth. 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. Enjoy the rollercoaster of life, whether we are going forwards, backwards, and upside down. O'Neil landed the job back in 2013. 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. But before the blade descended, he knew things were not going as well as they looked on the outside. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. The team is now worth $2.5 billion, according to Sporticos latest rankings. Episode #419: Scott O'Neil - How To Be Where Your Feet Are. All Rights Reserved. ONeil will try to change the world from outside of the business. 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. The 76ers went from being valued at $415 million in 2013 to a current value of $2.5 billion, according to Sportico. ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. The Process hasnt produced even one parade. ONeil was a limited partner in HBSE, which owns a number of assets, including the NBA and NHL clubs, multiple esports teams, a venture fund and the Prudential Center, home of the Devils. Who is new Runnin Ute Keba Keita and how is Utahs 2022-23 roster shaping up? A mentor, Peter Guber, now CEO of Mandalay Entertainment, had met him on his first day on the job and gave him some life-changing advice then: don't pretend this might last forever, just use your skills to create meaningful relationships and leverage the incredible platform. During lockdowns, he and the family played board games, put together puzzles, baked, had movie nights, read, held cleaning parties, and went for walks. Scott M. O'Neil had a seemingly charmed life in 2008. . 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. . 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. Scott O'Neil is stepping down as CEO of the 76ers to focus on other projects. Josh and David are extraordinary leaders, partners and friends. It was a disappointing end to a season in which winning a championship was the stated goal all season. 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. . He became a fervent Villanova University Wildcast, never missing a class, including 12 electives in Japanese and two in calculus. I also discovered that failure can actually be a greater teacher than success.". "For the first time in my life, I had nobody to get back to, no 'quick' emails to send or 'short' phone calls to make in the middle of lunch," O'Neil wrote. When I got here, we were 95% white men, ONeil said. Sign up for free newsletters and get more CNBC delivered to your inbox. The franchise value Devils declined 4% and now worth $530 million, according to Forbes. 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. Scott O'Neil's Tweets. Could he have stayed? Scott Williams NBA Salary All NBA Players #0 Scott Williams Position:-Born: 03/21/68 Height: 6-10 / 2.08 . ONeil, in an attempt to revolutionize the sports entertainment world, ran himself too far ahead. The owners merged their holdings in 2017 and formed HBSE. 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). I think that the right person coming in here will be a wonderful steward of this brand for years. 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 . O'Neil realized the critical need for more diversity of all kinds, which would benefit the organization from the increase in talents and insights. 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. In his Talk To Me episode, O'Neil sat down with his three daughters - Alexa, 16, Kira, 12, and Eliza, 9. "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 stepping down as the CEO of the Devils and 76ers. 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. Its essentially like a vulnerable peek behind the curtain look at life, and life can be messy. Join Facebook to connect with Scott O'Neill and others you may know. Scott O'Neil 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 world's largest sports and entertainment . 2023 CNBC LLC. O'Neil was shocked when a mentor suggested he consider his own responsibility for his dilemma: he needed to travel less and build relationships at headquarters by finding out how he could help other executives, rather than just promoting his own ideas. Kevin Huerter and Trae Young stepped up in Game 7's key moments, while Kia MVP finalist Joel Embiid stumbled down the stretch. EPISODE PAGE: https://whatgotyouthere.com/242-scott-oneil-ceo-of-philadelphia-76ers-new-jersey-devils-on-being-where-your-feet-are/Scott O'Neil is the CEO of. They chose smart draft picks, ignored the noise, recruited new leaders, and invested in the goals. When the senior VP in charge of TMBO left, O'Neil was put at the helm. He called on his network of friends, signed up all of them, and made the finals a huge success. He said he couldnt reveal how much of Harris Blitzer Sports & Entertainment or the Sixers he owned, but it was for me, meaningful.. I think Im going to build another platform, ONeil said Tuesday. Under O'Neil's direction, the 76ers became the first U.S. professional sports franchise to own an e-sports team and notched . He and HBSE partners Josh Harris and David Blitzer reached an agreement on a buyout of that stake, ONeil said, without providing specifics. 2023 Sportico Media, LLC. 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. The All-Star guard has decided to not compete in the 2021 Olympic Games in Tokyo. The Orlando forward played only 11 games this season after missing two years with a torn ACL. you commit to serving 76 hours in the community. he Sixers on Wednesday morning announced CEO Scott O'Neil has "elected to step away from the organization in order to pursue new opportunities.". Hes not at Madison Square Garden, home of the New York Knicks, where he once served as president. 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. 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 Wednesday, O'Neil announced he is stepping down from his position with both the Sixers and . 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). His recently published book, titled Be Where Your Feet Are, is about the importance of balancing a professional career with home life. 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). RotoWire names five under-the-radar players who could add value to your rosters as we approach fantasy playoffs. 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). Scott ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras team. ONeils exit from Harris Blitzer Sports & Entertainment is effective immediately, though he will assist with the search for his successor. Add another task to the Philadelphia 76ers offseason to-do list. The Sixers' parent company, HBSE, has yet to name a replacement for their outgoing lead business executive. 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. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. "I was 100% where my feet were and focused on what was in front of me. The Pennington School girls varsity basketball teammates high-five on the bench during a game against Solebury School in Pennington, N.J., on Monday, Dec. 6, 2021. O'Neil did as he was advised and took the family to Paris and London for almost three weeks, including visiting Euro Disney, where he rediscovered the kid inside. Scott O'Neil At first, however, he was intimidated by so many brilliant classmates with greater experience in top-tier organizations. the Sixers' Managing Group, Harris Blitzer Sports & Entertainment CEO Scott O'Neil, stepped down .
