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. Scott ONeil led business operations for the group overseeing the 76ers, as well as the NHLs New Jersey Devils, beginning in 2013. "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 . But I think Ive done what I came here to do.. Scott O'Neil, chief executive officer of the Philadelphia 76ers in New York, Sept. 26, 2016. 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. It was a disappointing end to a season in which winning a championship was the stated goal all season. I very much appreciate his insights and friendship, Silver told the Deseret News, noting their long professional relationship. 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. 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. O'Neil oversaw several changes to the 76ers during his time as CEO. Scott ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras team. [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. He began reaching out and by the time of graduation in 1998, was asked to speak at the ceremony. One of the most decorated executives in the industry, O'Neil' has amassed a . The team failed to reach the conference finals despite finishing first in the East. During lockdowns, he and the family played board games, put together puzzles, baked, had movie nights, read, held cleaning parties, and went for walks. ONeil, who until this past summer was the CEO of the Philadelphia 76ers for the past eight years, now coaches Kiras basketball team. He isnt even at the Wells Fargo Center in Philadelphia, where he spent eight years as CEO of the 76ers. For 20 years, ONeil spent weeknights and weekends in basketballs most vaunted venues. I think that the right person coming in here will be a wonderful steward of this brand for years. ONeil said working for HBSE brought him immense challenges, according to CNBC. They have not come close. 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. But, for now, his focus is on a girls basketball state championship (his team started the year 6-1). Sportico is a part of Penske Media Corporation. The team announced Wednesday that . 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. Im leaving, and weve got 18 women who are VP level or above. Sign up for our Newsletter and get business advice delivered straight to your inbox! . O'Neil was a limited partner in Harris Blitzer Sports & Entertainment, whose assets include the 76ers, Devils and the Prudential Center. A Villanova grad who once worked for the Eagles, ONeil was raised in Newburgh, N.Y., but hes a Philly guy now. 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. 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.. "Bloomberg Opinion" columnists offer their opinions on issues in the news. But before the blade descended, he knew things were not going as well as they looked on the outside. O'Neil's parents were role models for success and supportive of whatever career he chose. The Orlando forward played only 11 games this season after missing two years with a torn ACL. Hypergrowth, super growth. Get the life back in your eyes. HBSE did not immediately name a successor. Scott O'Neil, chief executive of the NBA's Philadelphia 76ers and the NHL's New Jersey Devils, reflects on the challenges of the pandemic, conversations about social justice, the future of US . ONeils exit from Harris Blitzer Sports & Entertainment is effective immediately, though he will assist with the search for his successor. The idea was HoopsTV, a basketball entertainment service that allowed fans to watch games on their computers. Challenge you to raise the bar beyond your expectations. Still, the timing seems curious, considering the additions of Rivers and Morey, their resumes, and their egos. His recently published book, titled Be Where Your Feet Are, is about the importance of balancing a professional career with home life. HBSE first hired ONeil as its CEO in 2013. Prior to joining HBSE, ONeil served as president of Madison Square Garden Sports and worked in the NBA league office. 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. O'Neil says the next CEO will be charged with continuing to grow the company while also likely taking the lead in building a new arena for the 76ers. . Before joining HBSE, O'Neil was president of Madison Square Garden Sports and a long-time NBA league office executive. He emphasized how much he wants his daughters to nurture their . 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 was forced to push pause. 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. Scott ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. The Philadelphia 76ers have replaced Scott O'Neil with former Houston Rockets CEO Tad Brown. The Devils have missed the playoffs for three straight seasons. The franchise value Devils declined 4% and now worth $530 million, according to Forbes. Christopher Goodney | Bloomberg | Getty Images. "I was 100% where my feet were and focused on what was in front of me. Could he have stayed? Then call me.". 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. 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). Thats part of the reason why ONeils grateful to refocus. The man who oversaw The Process is done processing. Scott O'Neil has stepped down as CEO of the Philadelphia 76ers/New Jersey Devils after 8 years with Harris Blitzer . The team is now worth $2.5 billion, . The Pennington School girls varsity basketball team plays against Solebury School in Pennington, N.J., on Monday, Dec. 6, 2021. 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. June 30, 2021 8:04 AM. 76ers CEO Scott O'Neil will also be CEO of Devils and Prudential Center. But, he said, the job was the most fun I have ever had, because every day brought a new opportunity to learn and develop.. The Sixers also became the first team in the NBA to put a sponsorship logo on player uniforms. O'Neil realized the critical need for more diversity of all kinds, which would benefit the organization from the increase in talents and insights. Its what he credits with steering his natural competitive drive in the proper direction. He had a wonderful marriage, three amazing daughters, lots of friends, and talented colleagues, he recalled. 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. 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. Oh, yeah. you commit to serving 76 hours in the community. The owners merged their holdings in 2017 and formed HBSE. 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. Enjoy the rollercoaster of life, whether we are going forwards, backwards, and upside down. ONeils focus on diversity long predated the murder of George Floyd and the tinderbox of outrage it ignited. His feet wont be on the floor of the Wells Fargo Center anymore. Scott O'Neil (second from right) huddles with the officials and then-coach Brett Brown (left) before a 76ers game. On Wednesday, O'Neil announced he is stepping down from his position with both the Sixers and . The group launched HBSE in 2017, and the scope of its current work now includes new verticals like real estate and venture investing. Scott O'Neil is stepping down as the CEO of the Devils and 76ers. Prior to joining HBSE, ONeil spent four years as president at Madison Square Garden. Get our latest stories in the feed of your favorite networks. 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. ONeil 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 the Prudential Center and the creation of a state-of-the-art Sixers complex, both in New Jersey. 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. Our players with the Philadelphia 76ers and New Jersey Devils can be found visiting children . 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. 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. ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras team. scott o'neil 76ers net worth. 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. Its value under his direction increased five-fold, but he stepped down in June 2021 to pursue new ventures. They also help clients find high returning residential properties with the same expert due-diligence . However, the team finished with a 19-30-7 this season and haven't made the playoffs since 2018. Under O'Neil's direction, the 76ers became the first U.S. professional sports franchise to own an e-sports team and notched . ONeil said in 2014 that we dont use the T word in this organization, referencing tanking, when the Sixers were in the early days of their scrutinized rebuild known as The Process. Last December, ONeil secured the NHLs first helmet sponsor for the Devils. 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. "Along the way, I fell in love with learning, something that became a lifelong pursuit," O'Neil said. At first, however, he was intimidated by so many brilliant classmates with greater experience in top-tier organizations. Scott M O'Neil is Chief Executive Officer at Merlin Entertainments plc. If you are having difficulty accessing any content on this website, please visit our Accessibility page. . PHILADELPHIA (AP) Adam Aron has stepped down as Philadelphia 76ers CEO and been replaced by former Madison Square Garden Sports president Scott O'Neil. RotoWire names five under-the-radar players who could add value to your rosters as we approach fantasy playoffs. 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, watches warmups in Pennington, N.J., on Monday, Dec. 6, 2021. View Scott O'Neil's professional profile on LinkedIn. According to a warrant for Morrow's arrest, he's facing charges of assault by strangulation, second-degree kidnapping and communicating threats. 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. The business failed and he recalibrated, reassessed. Thats over. 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. ONeil has over two decades of leadership experience within the sports and entertainment industry, including his most recent tenure with HBSE, a leading sports and entertainment company centered around marquee assets, the NBAs Philadelphia 76ers and NHLs New Jersey Devils. When we spoke earlier this month, ONeil was still in exploration mode. The All-Star guard has decided to not compete in the 2021 Olympic Games in Tokyo. O'Neil offered to try to get all 30 teams on board with marketing it, though NBA management was skeptical. He is also an acting co-managing partner for Elevate Sports Ventures. His recently published book, titled Be Where Your Feet Are, is about the importance of being balancing a professional career with home life. Co-franchise star Ben Simmons struggled in the postseason, and his future with the team is unclear. 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. In the heady days of the late-'90s dot-com . His departure comes at a time the Sixers are in transition on and off the court. Scott O'Neil led business operations for the group overseeing the 76ers, as well as the NHL's New Jersey Devils . 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. Do something for your mind, something for your body and something for your soul every day, ONeil writes in his book. 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. Scott O'Neil has resigned as CEO of Harris Blitzer Sports & Entertainment, parent company of the Philadelphia 76ers. Taking a look at the numbers behind Nikola Jokic's historic season for the Nuggets. Scott 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 is stepping down as CEO of the 76ers to focus on other projects. William J. O'Neil (born March 25, 1933) is an American entrepreneur, stockbroker and writer, who founded the stock brokerage firm William O'Neil & Co. Inc in 1963 and the business newspaper Investor's Business Daily in 1984. H Lang District l mt a im c sp xp trong danh mc Chnh Tr v H Lang District nm a ch H Lang, Cao Bang.Ngoi ra bn cng c th tm kim thng tin ca doanh nghip trong khu vc t cc lin kt. He has more than 20 years of experience in the NBA, NHL and NFL. A sign over the door to the gym is seen at The Pennington School in Pennington, N.J., on Monday, Dec. 6, 2021. 2023 CNBC LLC. Aron will remain on the team's board of directors and said he has increased his ownership stake in the franchise. At the time, he and Lisa had a 1-year-old daughter at home. The All-Star guard has decided to not compete in the 2021 Olympic Games in Tokyo. When I got here, we were 95% white men, ONeil said. 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. Since then, he says, its been a constant learning process in his roles from the front office to his personal relationships. 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. 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.