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. The team is now worth $2.5 billion, according to Sporticos latest rankings. The idea was HoopsTV, a basketball entertainment service that allowed fans to watch games on their computers. We are immensely grateful to Scott for his partnership over these past eight years of unprecedented growth, Blitzer said in a statement. This book is about purposeful living.. Thanks for contacting us. We want to hear from you. 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. 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). ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. 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. 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. Under ONeils leadership the value of the HBSE assets has mushroomed. They have not come close. 76ers CEO Scott ONeil just published a book called Be Where Your Feet Are. Its value under his direction increased five-fold, but he stepped down in June 2021 to pursue new ventures. Has he really climbed this one? "I was 100% where my feet were and focused on what was in front of me. Our players with the Philadelphia 76ers and New Jersey Devils can be found visiting children . His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. What we know and dont know, When your adventure partner keeps demanding gummy bears. Of course, he insisted. HBSE, which owns the Sixers and New Jersey Devils, grew its brand and . Prior to joining HBSE, ONeil served as president of Madison Square Garden Sports and worked in the NBA league office. Taking a look at the numbers behind Nikola Jokic's historic season for the Nuggets. But before the blade descended, he knew things were not going as well as they looked on the outside. 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. 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. Im not riding off into the sunset, ONeil said in an interview. 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. 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. 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. O'Neil oversaw several changes to the 76ers during his time as CEO. Sixers CEO Scott O'Neil explains why. The Sixers also became the first team in the NBA to put a sponsorship logo on player uniforms. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. 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 . O'Neil oversaw several changes to the 76ers during his time as CEO. 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. The sports company is run by Apollo Global Management co-founder Josh Harris and Blackstone executive David Blitzer. 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. . His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. 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. He isnt even at the Wells Fargo Center in Philadelphia, where he spent eight years as CEO of the 76ers. Scott O'Neil net worth is $600,000 Scott O'Neil Wiki: Salary, Married, Wedding, Spouse, Family . O'Neil offered to try to get all 30 teams on board with marketing it, though NBA management was skeptical. The veteran broadcaster had spent the last 27 years calling Philadelphia 76ers games. Its his daughters high school basketball game, and hes the coach. But nothing is more important than his family. . Hypergrowth, super growth. 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. 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.. At the final buzzer, the high school team ONeil coaches walks off the court in convincing fashion: Pennington, 45; the visiting team, 8. When I got here, we were 95% white men, ONeil said. Of course, running a franchise that intentionally went 75-253 from 2013-17 would mellow anyone. 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 O'Neil, the CEO of the parent company that owns the Philadelphia 76ers and New Jersey Devils, has resigned after an eight-year run. 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. 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. Phones have to be left at the door during meetings. 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 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 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." Scott ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. I love this city. 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. Scott ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. All Rights Reserved, Philadelphia 76ers CEO Scott ONeil steps down, Finding the good life could be as easy as these 5 words, says Philadelphia 76ers CEO, Hand of God moments lead Philadelphia 76ers CEO to join LDS Church, How abortion rights will shape Novembers midterms, Why are so many kids getting sick with hepatitis? I think Im going to build another platform, ONeil said Tuesday. ONeil landed the job back in 2013. Before joining HBSE, O'Neil was president of Madison Square Garden Sports and a long-time NBA league office executive. Scott ONeil, 51, head coach for The Pennington School girls varsity basketball team, watches warmups in Pennington, N.J., on Monday, Dec. 6, 2021. 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. 385. 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 . you commit to serving 76 hours in the community. Scott O'Neil on the court of the Philadelphia 76ers' practice facility in Camden, N.J., April 26. Taking a look at the numbers behind Nikola Jokic's historic season for the Nuggets. Theyre driven enough. 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. 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. View Scott O'Neil's professional profile on LinkedIn. His team plays physical and fast, utilizing a full-court press and wearing out the opponent. If a bid is submitted, Philadelphia could potentially host two major league all-star games in one year. Could he have stayed? 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. According to a warrant for Morrow's arrest, he's facing charges of assault by strangulation, second-degree kidnapping and communicating threats. 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. In an era when inclusion matters, the Sixers corporate offices look a lot less homogeneous than they did in 2013. His ambition, strategic outlook, and innovative mindset have been and will continue to be instrumental to the long-term success of our business. It was a disappointing end to a season in which winning a championship was the stated goal all season. It wasn't Doc Rivers and Daryl Morey, Ben Simmons' dogged refusal to shoot, or even all of the losing. The team announced Wednesday that CEO Scott O'Neil is leaving the franchise to seek "new opportunities." They also help clients find high returning residential properties with the same expert due-diligence . I love this team. Here's what the O'Neil All-Star lineup looks like:-Sean O'Neil, 47, Founder and Chief Operating Officer at Merchant Pro Express a credit card processing company-Scott O'Neil, 46, Chief Executive Officer of the Philadelphia 76ers, the New Jersey Devils and the Prudential Center 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. Im ready to find another mountain to climb.. When readers purchase services discussed on our site, we often earn affiliate commissions that support our work. by | Jun 30, 2022 | niebaum coppola family select | brian allen rams high school | Jun 30, 2022 | niebaum coppola family select | brian allen rams high school On his first day, ONeil felt out of place and underqualified; two years later, his classmates chose him to speak at the 1998 graduation ceremony. . But we already know that, so fight off your instincts and take some time and space to decompress. The Pennington School girls varsity basketball team plays against Solebury School in Pennington, N.J., on Monday, Dec. 6, 2021. O'Neil, a Villanova . Scott O'Neil The man who oversaw The Process is done processing. 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 . They chose smart draft picks, ignored the noise, recruited new leaders, and invested in the goals. Ive been here 18 years, he said. His departure comes at a time the Sixers are in transition on and off the court. It found an initial market, but the idea proved ahead of its time. Click below to read our review of the best business formation services! 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. As the CEO of the Philadelphia 76ers, the New Jersey Devils and the Prudential Center, Scott O'Neil lives and breathes sports. 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. But only two of the eight he applied to accepted him, "giving me a giant chip on my shoulder. 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. Got a confidential news tip? The city is already set to host Major League Baseball's All-Star Game at the Phillies' Citizens Bank Park that year. His recently published book, entitled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. 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). But, he said, the job was the most fun I have ever had, because every day brought a new opportunity to learn and develop.. RotoWire considers the best player values in Yahoo fantasy leagues for Friday's 10-game slate. Find a beach somewhere, bring Lisa and the kids, tuck that phone away and get the you back in you. 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 . His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. Three months into the job, he had no office phone, laptop, or even business cards. The outlet also notes the Sixers are worth $2 billion. 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. The last six years have changed the way O'Neil sees the world, he said. 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. 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. Aron was part of the group that bought the . Scott Williams NBA Salary All NBA Players #0 Scott Williams Position:-Born: 03/21/68 Height: 6-10 / 2.08 . 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. Find yourself. "Bloomberg Opinion" columnists offer their opinions on issues in the news. He was also away from home 150 nights a year. Scott O'Neil Net Worth Scott O'Neil Net Worth 2023, Age, Height, Relationships, Married, Dating, Family, Wiki Biography. They are smart enough. Scott O'Neil, chief executive officer of the Philadelphia 76ers in New York, Sept. 26, 2016. Scott ONeil led business operations for the group overseeing the 76ers, as well as the NHLs New Jersey Devils, beginning in 2013. Scott ONeil, 51, head coach for The Pennington School girls varsity basketball team, laughs with his daughter, Kira, before their game in Pennington, N.J., on Monday, Dec. 6, 2021. Josh and David are extraordinary leaders, partners and friends. 2023 CNBC LLC. Scott O'Neill is a professional property investor, best selling author and the Managing Director of the "ReThink" group of companies. All Rights Reserved. Im ready to go.. The next CEO will be tasked with helping the Sixers land a new arena and increasing the value of the New Jersey Devils. 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., We are immensely grateful to Scott for his partnership over these past eight years of unprecedented growth, said HBSE Co-Founder David Blitzer. "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. His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. 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. In 2016, O'Neil orchestrated a deal that made the Sixers the first U.S. pro sports franchise to own an e-sports team. 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. But, for now, his focus is on a girls basketball state championship (his team started the year 6-1). In the heady days of the late-'90s dot-com . Was ONeil forced out? A Villanova grad who once worked for the Eagles, ONeil was raised in Newburgh, N.Y., but hes a Philly guy now. 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. Since then, he says, its been a constant learning process in his roles from the front office to his personal relationships. 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. Philadelphia 76ers CEO Scott ONeil will no longer be a part of the process, as he plans to leave the team and seek out other opportunities. scott o'neil 76ers net worth. For sports executive Scott ONeil, the headline read, failure is the best teacher.. Enjoy the rollercoaster of life, whether we are going forwards, backwards, and upside down. He had never worked in a big bureaucracy before and was finding it impossible to get anything done. 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. This documentary-style series follows investigative journalists as they uncover the truth. The Process hasnt produced even one parade. the Sixers' Managing Group, Harris Blitzer Sports & Entertainment CEO Scott O'Neil, stepped down . 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 . A Zoom conference during which black and brown members of the HBSE staff shared their experiences with racism and bias was a shock. But hes also surprisingly relaxed when, say, a player comes to practice and theyre having a bad day. His interview subjects have included Bill Gates, Richard Branson, Meg Whitman, Reed Hastings, Howard Schultz, Larry Ellison, Kathy Ireland, and Quincy Jones. The Sixers alone were valued at roughly $415 million in 2013. 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. 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. SCOTT O'NEIL is one of the most recognized, connected and dynamic executives in the sports and entertainment industry today. In 1999, most computers were unable to stream video (Adobe Flash and YouTube were several years from creation). If you are having difficulty accessing any content on this website, please visit our Accessibility page. These girls will be running a company someday, ONeil says of his players. The best insights from the ultimate insiders, 2023 NYP Holdings, Inc. 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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. 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. 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.