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Philadelphia 76ers' Scott O'Neil resigns as CEO - Inquirer.com 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. He pledged that he would: But it all starts with being fully present. We want to hear from you! 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. 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. He has reached an agreement to sell his stake. The Orlando forward played only 11 games this season after missing two years with a torn ACL. . 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.. Centerpiece center Joel Embiid still gets hurt, Simmons still wont shoot, and the team hasnt advanced beyond the second round of the playoffs. Im ready to find another mountain to climb.. After that, I felt like I could ask him anything, Elder Sikahema said, and the two became close friends. 157. 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. Since then, he says, its been a constant learning process in his roles from the front office to his personal relationships. 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 . Was ONeil forced out? One of the most decorated executives in the industry, O'Neil' has amassed a . In a little over a year, he was able to turn $5,000 worth of investments into more than $200,000 of profits. 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. Scott O'Neil Retweeted. 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. 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. I love this city. But I think Ive done what I came here to do.. 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. 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. Anything worth achieving is going to require you to make tough choices." (sacrifice, discipline, fortitude) @BallisPsych. The group launched HBSE in 2017, and the scope of its current work now includes new verticals like real estate and venture investing. Hes out. 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 Global Business and Financial News, Stock Quotes, and Market Data and Analysis. 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. His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. ONeil, who previously led Madison Square Garden Sports, said he did not have another job lined up. They chose smart draft picks, ignored the noise, recruited new leaders, and invested in the goals. Scott O'Neil . O'Neil announced . Data is a real-time snapshot *Data is delayed at least 15 minutes. O'Neil oversaw several changes to the 76ers during his time as CEO. 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. 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 . 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. Scott O'Neil, chief executive officer of the Philadelphia 76ers in New York, Sept. 26, 2016. ONeils focus on diversity long predated the murder of George Floyd and the tinderbox of outrage it ignited. He also spent nearly a decade in the NBAs team marketing and business operations division, known in the industry as TMBO. 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. Click below to read our review of the best business formation services! Scott O'Neil CEO, Philadelphia 76ers & New Jersey Devils | Work In Sports ONeil talks about the HoopsTV debacle as a watershed moment in his career. O'Neil is responsible for the organization's leadership, strategic vision, operations, and growth, including the pursuit and acquisition of sports . Its value under his direction increased five-fold, but he stepped down in June 2021 to pursue new ventures. "Along the way, I fell in love with learning, something that became a lifelong pursuit," O'Neil said. Scott O'Neil - amazon.com His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. Copyright 2023 Deseret News Publishing Company. The business failed and he recalibrated, reassessed. 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. In the role he is departing, O'Neil also served as CEO of the Sixers, the New . Scott O'Neil Resigns as HBSE CEO After Eight Years Why 76ers CEO Scott O'Neil Wants His Daughter To Play Basketball - HuffPost Former MSG President Scott O'Neil To Become CEO Of Philadelphia 76ers He said he couldnt reveal how much of Harris Blitzer Sports & Entertainment or the Sixers he owned, but it was for me, meaningful.. Sportico is a part of Penske Media Corporation. 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. If you are having difficulty accessing any content on this website, please visit our Accessibility page. Its essentially like a vulnerable peek behind the curtain look at life, and life can be messy. 2023 CNBC LLC. O'Neil landed the job back in 2013. ONeil said hed been planning his exit since January, and a team source said Blitzer and his co-owner, Josh Harris, began the search for ONeils replacement in March and plan to name a successor within weeks, if not days. 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. 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. A Villanova grad who once worked for the Eagles, ONeil was raised in Newburgh, N.Y., but hes a Philly guy now. All Rights Reserved. "Bloomberg Opinion" columnists offer their opinions on issues in the news. A month before his resignation in June, a Wall Street Journal profile lauded ONeils uncanny ability to pick himself back up after stumbling. Ask NBA Commissioner Adam Silver about ONeil, and he throws around words like talented and smart, pointing to his proven track record of success. Winning has never been everything for ONeil. O'Neil offered to try to get all 30 teams on board with marketing it, though NBA management was skeptical. The sports company is run by Apollo Global Management co-founder Josh Harris and Blackstone executive David Blitzer. Scott O'Neil (second from right) huddles with the . I think Im going to build another platform, ONeil said Tuesday. "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. Philadelphia 76ers CEO Scott O'Neil Steps Down HBSE's Scott O"Neil on learning through adversity with - SportsPro ONeil said that he will remain to help in both the search and the transition. ONeil landed the job back in 2013. Scott O'Neil net worth is $600,000 Scott O'Neil Wiki: Salary, Married, Wedding, Spouse, Family . Philadelphia 76ers $2,850,000 ($5,268,161*) 1996/97 . 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. Thats part of the reason why ONeils grateful to refocus. The outlet also notes the Sixers are worth $2 billion. The veteran broadcaster had spent the last 27 years calling Philadelphia 76ers games. Share the most personal thoughts, memories, highs and lows because I am okay with it and who I am. Scott O'Neil departs Harris Blitzer Sports and Entertainment after landing the NBA's first jersey patch and NHL's first helmet sponsorships. Scott avails his network to share poignant life lessons from an array of . Drive hard to reach the summit and then quickly start on another mountain. 76ers Replace Scott O'Neil With Former Rockets CEO Tad Brown 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. The veteran broadcaster had spent the last 27 years calling Philadelphia 76ers games. 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. As CEO, O'Neil was responsible for the organization's leadership, strategic vision, and global ambitions. His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. ONeil says hes not the only one. His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. Scott O'Neil sees Philadelphia 76ers owner Harris Blitzer looking at Join Facebook to connect with Scott O'Neill and others you may know. His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. The All-Star guard has decided to not compete in the 2021 Olympic Games in Tokyo. In 2020, the Sixers captured the division title for the first time in 20 years. Did that influence his decision to depart? It will, ONeil pledged: And Ill be on Broad Street, throwing candy at them., ONeil does not consider winning it all the only gauge of his success. 76ers CEO Scott O'Neil resigns after 8 years | NBA.com 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.. ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. 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. 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. ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches Kiras basketball team. They connected over sports Elder Sikahema was a former Eagles player, and ONeil a former Eagles employee as well as their faith. Scott ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. Rethink Investing is a BRW Fast 100 company (2017 & 2018) and Australia's number one buyer's agency for commercial property investors. Ready to formally establish your startup? This book is about purposeful living.. Im not riding off into the sunset, ONeil said in an interview. The 76ers, under the direction of Scott O'Neil, their chief executive, have been dipping into the franchise's past even as the team reinvents itself. Im leaving, and weve got 18 women who are VP level or above. His team plays physical and fast, utilizing a full-court press and wearing out the opponent. 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.. National Advisory Council - Scott O'Neil - Marriott School of Business RotoWire names five under-the-radar players who could add value to your rosters as we approach fantasy playoffs. Latter-day Saint NBA CEO tells Wall Street Journal that his faith gives The team failed to reach the conference finals despite finishing first in the East. If you are having difficulty accessing any content on this website, please visit our Accessibility page. But I think Ive done what I came here to do.. 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. 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. 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 (second from right) huddles with the officials and then-coach Brett Brown (left) before a 76ers game. ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras team. He called on his network of friends, signed up all of them, and made the finals a huge success. 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. A Division of NBCUniversal. Why dont you ref, and why dont you let me coach? ONeil told the official, who responded by threatening to escort him out of the gym. Scott M. O'Neil had a seemingly charmed life in 2008. At the time, he and Lisa had a 1-year-old daughter at home. They are smart enough. "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. Be Where Your Feet Are: Seven Principles to Keep You Pr However, the team finished with a 19-30-7 this season and haven't made the playoffs since 2018. [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. Scott ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. Under ONeils leadership, HBSE was built from a single-entity team, the Sixers, to an all-encompassing sports and entertainment franchise that spans two professional teams, an e-sports business, a leading arena and entertainment business, and several growth and venture investments across sports technology. O'Neil was hired by the 76ers in 2013, about a month before Harris and Blitzer . Be Where Your Feet Are: Seven Principles to Keep You Present, Grounded Scott O'Neil | Authors | Macmillan "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.". 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. His feet wont be on the floor of the Wells Fargo Center anymore. Thanks for contacting us. He began reaching out and by the time of graduation in 1998, was asked to speak at the ceremony. 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. value of the HBSE assets has mushroomed. Tom Ford. Aron will remain on the team's board of . 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. He started his career as a marketing assistant for the New Jersey Nets. Sign up for our Newsletter and get business advice delivered straight to your inbox! 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. Scott loved his parents, and he may have inherited some of his fathers competitiveness, though hes tried to learn from ONeil Sr.s missteps. On a Monday evening in December, Scott ONeil is sitting courtside. Sixers CEO Scott O'Neil resigns after eight years of 'The Process,' the franchise's latest seismic news. Find yourself. His interview subjects have included Bill Gates, Richard Branson, Meg Whitman, Reed Hastings, Howard Schultz, Larry Ellison, Kathy Ireland, and Quincy Jones.