Philadelphia 76ers $2,850,000 ($5,268,161*) 1996/97 . 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 . 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. Scott O'Neil Scott Williams NBA Salary All NBA Players #0 Scott Williams Position:-Born: 03/21/68 Height: 6-10 / 2.08 . Scott ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. 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. Under ONeils leadership the value of the HBSE assets has mushroomed. I inherited one [woman]. O'Neil's parents were role models for success and supportive of whatever career he chose. 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. He wont go far, he said. 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. Centerpiece center Joel Embiid still gets hurt, Simmons still wont shoot, and the team hasnt advanced beyond the second round of the playoffs. 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. "His work ethic was 100 percent," said W. Scott O'Neil, son of William O'Neil and . 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. Hired in 2013, O'Neil is credited for helping rebrand the Sixers over his eight seasons with the club. Three months into the job, he had no office phone, laptop, or even business cards. The veteran broadcaster had spent the last 27 years calling Philadelphia 76ers games. The Sixers also became the first team in the NBA to put a sponsorship logo on player uniforms. The Sixers were eliminated in the second round of the Eastern Conference playoffs after they earned the top seed. Scott O'Neil's history with 76ers, faith and HBSE. ONeil said working for HBSE brought him immense challenges, according to CNBC. 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. ONeil, who previously led Madison Square Garden Sports, said he did not have another job lined up. He sees other basketball titans moving on, and wonders if the changing world didnt influence them, too: Duke coach Mike Krzyzewski, Celtics president Danny Ainge, Celtics coach Brad Stevens, Warriors president Rick Welts. 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.. The owners merged their holdings in 2017 and formed HBSE. Scott ONeil, who until this past summer was the CEO of the Philadelphia 76ers for eight years, now coaches his daughter Kiras basketball team. We are immensely grateful to Scott for his partnership over these past eight years of unprecedented growth, Blitzer said in a statement. The feature strolled through a handful of ONeils more public pitfalls and subsequent successes: a failed tech startup in the early 90s followed with a job at the NBAs league offices; getting fired from his perch at Madison Square Garden then landing with Harris Blitzer; wallowing through seasons with the 76ers as the leagues cellar-dwellers before reversing course and winning the Atlantic Division. Sign up for free newsletters and get more CNBC delivered to your inbox. It was my dream job.". 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.. 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? The Orlando forward played only 11 games this season after missing two years with a torn ACL. 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. We want to hear from you! 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 Pennington School girls varsity basketball team plays against Solebury School in Pennington, N.J., on Monday, Dec. 6, 2021. 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. Given the Sixers diversity initiative, which was conceived and implemented by ONeil, who is white, its a fair bet that the next CEO wont match ONeils demographic. Scott ONeil, 51, head coach for The Pennington School girls varsity basketball team, watches warmups in Pennington, N.J., on Monday, Dec. 6, 2021. June 30, 2021 8:04 AM. The franchise value Devils declined 4% and now worth $530 million, according to Forbes. 2023 CNBC LLC. Hypergrowth, super growth. The Wall Street Journal's May 8, 2021, print edition featured Scott O'Neil, CEO of the Philadelphia 76ers and the New Jersey Devils. The team is now worth $2.5 billion, according to Sporticos latest rankings. "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 . Hypergrowth, super growth. Below, a portion of the release. Eight years ago, Scott O'Neil joined the Philadelphia 76ers as the CEO of Harris & Blitzer Sports and Entertainment. ONeil said that he will remain to help in both the search and the transition. Scott M O'Neil is Chief Executive Officer at Merlin Entertainments plc. 385. These girls will be running a company someday, ONeil says of his players. He cited the 200 nights every year he misses dinner with his family, and sighed. When we spoke earlier this month, ONeil was still in exploration mode. Sixers CEO Scott O'Neil leaves organization. "During my time there, we invested over $1 billion to keep the World's Most Famous Arena the greatest on the planet. Add another task to the Philadelphia 76ers offseason to-do list. But, for now, his focus is on a girls basketball state championship (his team started the year 6-1). 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. Scott ONeil is stepping down as CEO of the 76ers to focus on other projects. He became a fervent Villanova University Wildcast, never missing a class, including 12 electives in Japanese and two in calculus. 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. 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. And on Tuesday, long-time play-by-play TV announcer Marc Zumoff announced his retirement. The last six years have changed the way O'Neil sees the world, he said. "Along the way, I fell in love with learning, something that became a lifelong pursuit," O'Neil said. In the heady days of the late-'90s dot-com . O'Neil oversaw several changes to the 76ers during his time as CEO. "There was nowhere I would rather have been because MSG was this incredible brand with indescribable energy and amazing scope," O'Neil told Startup Savant. Aron will remain on the team's board of directors and said he has increased his ownership stake in the franchise. But hes also surprisingly relaxed when, say, a player comes to practice and theyre having a bad day. Its value under his direction increased five-fold, but he stepped down in June 2021 to pursue new ventures. ONeils focus on diversity long predated the murder of George Floyd and the tinderbox of outrage it ignited. 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 . The All-Star guard has decided to not compete in the 2021 Olympic Games in Tokyo. A career is like climbing a mountain, ONeil observed all that rah-rah stuff. But once you get to the top of that summit, he mused, you look around, and its friggin lonely up there.. 157. All Rights Reserved. The Process hasnt produced even one parade. Im leaving, and weve got 18 women who are VP level or above. 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. It found an initial market, but the idea proved ahead of its time. Its value under his direction increased five-fold, but he stepped down in June 2021 to pursue new ventures. 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, a Villanova . 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. 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. ONeil says hes not the only one. Scott ONeil, 51, head coach for The Pennington School girls varsity basketball team, watches warmups in Pennington, N.J., on Monday, Dec. 6, 2021. Sixers CEO Scott O'Neil resigns after eight years of 'The Process,' the franchise's latest seismic news. His black hair slicked and shellacked, his hand clutching a walkie-talkie, his eyes gazing into the distance at the next crisis in need of resolution. Scott O'Neil Net Worth Scott O'Neil Net Worth 2023, Age, Height, Relationships, Married, Dating, Family, Wiki Biography. 76ers CEO Scott ONeil just published a book called Be Where Your Feet Are. ONeil, in an attempt to revolutionize the sports entertainment world, ran himself too far ahead. HBSE did not immediately name a successor. 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. Be Where Your Feet Are: Seven Principles to Keep You Present, Grounded, and Thriving. 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. 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). In an era when inclusion matters, the Sixers corporate offices look a lot less homogeneous than they did in 2013. 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 . Do something for your mind, something for your body and something for your soul every day, ONeil writes in his book. Im leaving because its time, ONeil told the Associated Press. Its what he credits with steering his natural competitive drive in the proper direction. I like big opportunity. While he wasnt specific, ONeil said he would like to build another platform in sports, entertainment, media and technology. 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.. Data is a real-time snapshot *Data is delayed at least 15 minutes. 1. . 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. 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.
