Scott O’Neil, ceo of the Philadelphia 76ers in New York, Sept. 26, 2016.
Christopher Goodney | Bloomberg | Getty Images
Add another job to the Philadelphia 76ers offseason order of business.
The group revealed Wednesday that CEO Scott O’Neil is leaving the franchise to look for “new opportunities.” Hired in 2013, O’Neil is credited for assisting rebrand the Sixers over his 8 seasons with the club. He landed the National Basketball Association’s very first jersey spot handle 2016, a brand-new practice center and assisted the Sixers surface initially participation in 2019.
O’Neil acted as CEO of Harris Blitzer Sports and Entertainment, which owns the Sixers and National Hockey League’s New Jersey Devils. The sports business is run by Apollo Global Management co-founder Josh Harris and Blackstone executive David Blitzer.
In a declaration, O’Neil stated working for HBSE was among the most hard difficulties of his profession “and the most fun I have ever had, because every day brought a new opportunity to learn and develop.”
In 2016, O’Neil managed an offer that made the Sixers the very first U.S. professional sports franchise to own an e-sports group. That assisted the group rank 12th on the Sports Innovation Lab’s 25 most ingenious groups on the planet.
“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 stated in a declaration. “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.”
Before signing up with HBSE, O’Neil was president of Madison Square Garden Sports and a veteran NBA league workplace executive. His departure comes at a time the Sixers remain in shift on and off the court.
Ben Simmons #25 of the Philadelphia 76ers manages the ball versus the Atlanta Hawks throughout Round 2, Game 7 of the Eastern Conference Playoffs on June 20, 2021 at Wells Fargo Center in Philadelphia, Pennsylvania.
Jesse D. Garrabrant | National Basketball Association | Getty Images
The group stopped working to reach the conference finals in spite of completing initially in the East. Co-franchise star Ben Simmons had a hard time in the postseason, and his future with the group is uncertain. And on Tuesday, veteran play-by-play TELEVISION commentator Marc Zumoff revealed his retirement.
The group’s next CEO will be entrusted with keeping the franchise steady on business front, landing the Sixers a brand-new arena, and perhaps guiding the NBA’s All-Star Game back to the city. Before the pandemic, rumblings around the league recommended the Sixers and city authorities might try for the 2026 occasion, however a choice to provide a proposition to the NBA has actually not been made.
If a quote is sent, Philadelphia might possibly host 2 big league all-star video games in one year. The city is currently set to host Major League Baseball’s All-Star Game at the Phillies’ Citizens Bank Park that year.
On the Devils front, O’Neil landed the group the NHL’s very first helmet sponsor last December. However, the group completed with a 19-30-7 this season and have not made the playoffs given that 2018.
The franchise worth Devils decreased 4% and now worth $530 million, according to Forbes. The outlet likewise keeps in mind the Sixers deserve $2 billion.
