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In 1999, most computers were unable to stream video (Adobe Flash and YouTube were several years from creation). LONDON -- The former CEO of the parent company that owns the Philadelphia 76ers and New Jersey Devils has agreed to take the same position for London-based Merlin Entertainments. He was forced to push pause. Scott O'Neil has stepped down as CEO of the Philadelphia 76ers/New Jersey Devils after 8 years with Harris Blitzer . 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 . 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. Add another task to the Philadelphia 76ers offseason to-do list. Hes candid about how the cutthroat world of professional sports takes a toll. 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 . Scott O'Neil 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. The business failed and he recalibrated, reassessed. It wasn't Doc Rivers and Daryl Morey, Ben Simmons' dogged refusal to shoot, or even all of the losing. His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. He made good on his promise, and would later join her church. They connected over sports Elder Sikahema was a former Eagles player, and ONeil a former Eagles employee as well as their faith. 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 Sixers and their controversial, imperfect, and incomplete rebuilding strategy were not ONeils sole responsibilities. According to a warrant for Morrow's arrest, he's facing charges of assault by strangulation, second-degree kidnapping and communicating threats. 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. ONeils first job after college was with the NBAs New Jersey Nets, where he met his wife, Lisa, who came from Utah for a summer internship. ONeils focus on diversity long predated the murder of George Floyd and the tinderbox of outrage it ignited. Elder Sikahema arrived first; when ONeil reached the table, he leaned in and said, Im a hugger is that all right?, In my mind, Im thinking, OK, hes a hugger, but Im a competitor, Elder Sikahema recounted, laughing. Philadelphia 76ers CEO Scott O'Neil is leaving the organization to pursue new opportunities, according to a team press release. Prior to joining HBSE, ONeil spent four years as president at Madison Square Garden. I write about sports and the issues that surround them. At the time, he and Lisa had a 1-year-old daughter at home. The Pennington School girls varsity basketball team plays against Solebury School in Pennington, N.J., on Monday, Dec. 6, 2021. Hes out. Kriston Jae Bethel for The Wall Street Journal. ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras team. I think Im going to build another platform, ONeil said Tuesday. To be trusted with the opportunity to steward epic brands as well as buy, build, integrate, acquire, and grow complimentary businesses to create HBSE as it is today has been the ride of a lifetime, one for which I am humbled and grateful., HBSE is the best organization I have ever been a part of, with the highest degree of difficulty I have ever encountered, and the most fun I have ever had, because every day brought a new opportunity to learn and develop. He started his career as a marketing assistant for the New Jersey Nets. Scott O'Neil sees 76ers owner Harris . 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. 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 . 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. Phones have to be left at the door during meetings. Enjoy the rollercoaster of life, whether we are going forwards, backwards, and upside down. 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. Taking a look at the numbers behind Nikola Jokic's historic season for the Nuggets. Im leaving, and weve got 18 women who are VP level or above. The All-Star guard has decided to not compete in the 2021 Olympic Games in Tokyo. He emphasized how much he wants his daughters to nurture their . He isnt even at the Wells Fargo Center in Philadelphia, where he spent eight years as CEO of the 76ers. Scott avails his network to share poignant life lessons from an array of . Harris, whose net worth is estimated at $2.1 billion, heads a new group that includes Blitzer, a minority shareholder . Could he have stayed? Here, he has built a frontline brand that, less than a decade ago, was an afterthought. Prior to joining HBSE, ONeil served as president of Madison Square Garden Sports and worked in the NBA league office. 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. As CEO, O'Neil was responsible for the organization's leadership, strategic vision, and global ambitions. O'Neil realized the critical need for more diversity of all kinds, which would benefit the organization from the increase in talents and insights. Im kind of OK with messy. It wasn't Doc Rivers and Daryl Morey, Ben Simmons' dogged refusal to shoot, or even all of the losing. When readers purchase services discussed on our site, we often earn affiliate commissions that support our work. 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. 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. The next CEO will be tasked with helping the Sixers land a new arena and increasing the value of the New Jersey Devils. Get the life back in your eyes. 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. O'Neil offered to try to get all 30 teams on board with marketing it, though NBA management was skeptical. If a bid is submitted, Philadelphia could potentially host two major league all-star games in one year. The intense drive to crush his competitor ironically led to the failure of his own business, and his marriage soon followed. Scott O'Neil's Tweets. Im ready to find another mountain to climb.. 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, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. 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. 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." We want to hear from you! The city is already set to host Major League Baseball's All-Star Game at the Phillies' Citizens Bank Park that year. 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. 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. Get this delivered to your inbox, and more info about our products and services. During lockdowns, he and the family played board games, put together puzzles, baked, had movie nights, read, held cleaning parties, and went for walks. On Wednesday, O'Neil announced he is stepping down from his position with both the Sixers and . ONeil said that he will remain to help in both the search and the transition. His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. 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 franchise value Devils declined 4% and now worth $530 million, according to Forbes. If you are having difficulty accessing any content on this website, please visit our Accessibility page. Scott ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. Aron was part of the group that bought the . "The environment is about learning how to be a great CEO and creating lifelong relationships--it's not about grades," he was told. Its his daughters high school basketball game, and hes the coach. 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. 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. By 29, he was vice president of Team Marketing and Business Operations (TMBO) at the National Basketball Association. I want the girls on the other team to raise their hand and say, Coach, give me a break, he tells me, grinning. The team failed to reach the conference finals despite finishing first in the East. At first, however, he was intimidated by so many brilliant classmates with greater experience in top-tier organizations. Scott O'Neil is the former President of Madison Square Garden Sports and has overseen some of the most iconic brands in all of sports, including the New York Knicks (NBA) and New York Rangers (NHL). 2023 Sportico Media, LLC. Click below to read our review of the best business formation services! 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. Success comes at a cost. All Rights Reserved, Philadelphia 76ers CEO Scott ONeil has stepped down. My world view has 100% changed, ONeil said. Scott ONeil is stepping down as CEO of the 76ers to focus on other projects. 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. Its value under his direction increased five-fold, but he stepped down in June 2021 to pursue new ventures. O'Neil was hired by the 76ers in 2013, about a month before Harris and Blitzer . PHILADELPHIA (AP) Scott O'Neil, the CEO of the parent company that owns the . value of the HBSE assets has mushroomed. O'Neil is responsible for the organization's leadership, strategic vision, operations, and growth, including the pursuit and acquisition of sports . HBSE did not immediately name a successor. . A few days later, he was assigned to give a presentation to team owners (many of them billionaires) and stumbled through it. Rethink Investing is a BRW Fast 100 company (2017 & 2018) and Australia's number one buyer's agency for commercial property investors. Last week, during a holiday trip to Utah, ONeil rented out a Salt Lake City-area Shake Shack to gather with local friends and family members. 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. In 2016, O'Neil orchestrated a deal that made the Sixers the first U.S. pro sports franchise to own an e-sports team. Got a confidential news tip? Im leaving because its time, ONeil told the Associated Press. He and HBSE partners Josh Harris and David Blitzer reached an agreement on a buyout of that stake, ONeil said, without providing specifics. Tom Ford. No, tonight, ONeil is at The Pennington School in small-town New Jersey. ONeil, who until this past summer was the CEO of the Philadelphia 76ers for the past eight years, now coaches Kiras basketball team. 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. Sports and technology outlet SportTechie named ONeil as 2017s Most Innovative Executive, and most recently, the Sixers were bestowed five Clios, including one for Team of the Year in 2021. The Orlando forward played only 11 games this season after missing two years with a torn ACL. The outlet also notes the Sixers are worth $2 billion. 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.. Who is new Runnin Ute Keba Keita and how is Utahs 2022-23 roster shaping up? It was my dream job.". Durant, a four-time scoring champion, now sets his sights on Hakeem Olajuwon in 12th place. 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. They also help clients find high returning residential properties with the same expert due-diligence . 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. 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. the Sixers' Managing Group, Harris Blitzer Sports & Entertainment CEO Scott O'Neil, stepped down . By Elder Sikahemas count, it morphed into a five-minute standoff. But before the blade descended, he knew things were not going as well as they looked on the outside. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. HBSE, which owns the Sixers and New Jersey Devils, grew its brand and . The team announced Wednesday that . 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 . They have not come close. 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'Neil (second from right) huddles with the officials and then-coach Brett Brown (left) before a 76ers game. After that, I felt like I could ask him anything, Elder Sikahema said, and the two became close friends. The sports company is run by Apollo Global Management co-founder Josh Harris and Blackstone executive David Blitzer. Last December, ONeil secured the NHLs first helmet sponsor for the Devils. And on Tuesday, long-time play-by-play TV announcer Marc Zumoff announced his retirement. Im leaving because its time, ONeil said by phone. Ben Simmons #25 of the Philadelphia 76ers handles the ball against the Atlanta Hawks during Round 2, Game 7 of the Eastern Conference Playoffs on June 20, 2021 at Wells Fargo Center in Philadelphia, Pennsylvania. Michelle Gustafson, for the . Scott O'Neil departs Harris Blitzer Sports and Entertainment after landing the NBA's first jersey patch and NHL's first helmet sponsorships. T. O'Neil was with Harris Blitzer Sports & Entertainment for eight years. 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. you commit to serving 76 hours in the community. "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. 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. 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. Anything worth achieving is going to require you to make tough choices." (sacrifice, discipline, fortitude) @BallisPsych. His interview subjects have included Bill Gates, Richard Branson, Meg Whitman, Reed Hastings, Howard Schultz, Larry Ellison, Kathy Ireland, and Quincy Jones. 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. 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. O'Neil oversaw several changes to the 76ers during his time as CEO. For now. Im ready. The Process hasnt produced even one parade. 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. 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. Thats over. Team CEO Scott O'Neil sat down with Howard Beck on his podcast, "The Crossover NBA Show, . PHILADELPHIA (AP) 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 in which he shepherded The Process and the Prudential Center. That helped the team rank 12th on the Sports Innovation Lab's 25 most innovative teams in the world. Im not riding off into the sunset, ONeil said in an interview. He will step down from the Elevate board, but will retain his equity stake. O'Neil was a limited partner in Harris Blitzer Sports & Entertainment, whose assets include the 76ers, Devils and the Prudential Center. His recently published book, entitled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. Centerpiece center Joel Embiid still gets hurt, Simmons still wont shoot, and the team hasnt advanced beyond the second round of the playoffs. He was also away from home 150 nights a year. Post-MBA, he returned to Philadelphia and started a new business. Ask NBA Commissioner Adam Silver about ONeil, and he throws around words like talented and smart, pointing to his proven track record of success. Scott ONeil, 51, head coach for The Pennington School girls varsity basketball team, watches warmups in Pennington, N.J., on Monday, Dec. 6, 2021. 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.