I can't even imagine what these guys are going through.". We deal, and weve had some meetings with our friends at the Badgers of the University of Wisconsin as they create a collective, weve certainly been tracking kind of whats going on. You didnt study sports. It would be fun to own a hundred McDonalds franchises and you guys would be great at that. How do you care about it, and Jon Horst is so great on the basketball side. Donations to the school can be turned into compensation. If you're going to go look at teams, grab my brother. Feigin can do all the PR he wants, but the most effective pitch to get fans into the new arena is out of his hands. Peter Feigin: Hey, John thanks for having me. ", Pass the sticks.We here.https://t.co/XifcyBIjFY pic.twitter.com/NFiiaWCSUb, Bucks Gaming (@BucksGG) December 14, 2017. I think that's something that you work with every day. When Lee was shooting his film The Best Man, he brought the actors Taye Diggs and Morris Chestnut to the gym. Stay in touch anywhere, anytime with news, weather and video -- Download the TODAY'S TMJ4 app: Copyright 2015 Scripps Media, Inc. All rights reserved. Through Jan. 15, his PER of 29.82 was second in the league behind James Harden and just ahead of LeBron James and Stephen Curry. His brother and Lee were just as excited. Just try to be quiet. Lasry, 60, had already become less of a regular presence in recent years. Peter: The ice cream truck. Weve had Giannis invest in the brewers, which is like. I think we had like, "Oh, we had decent amount of African Americans. We screw around a hell of a lot, but let me tell you, if one of our guys was in trouble, if we need to circle the wagons, if they need advice on evaluating something they're doing, they know that it's extremely objective, it's immediate, and that's what we do here. And I think my job is kind of the overall business and operations to go is a rapport with them that again, in the best case I always think an NBA player, this is a human business. Peter: We knew each other. Michael Red: Well, I love you back. Peter Feigin: So, I think that the sky is the limit in how we take this unbelievable success and what we think could be a championship and get ready just for exponential growth. And we skewed higher than most NBA teams. I do." Talk about the special, the specialness of how you were involved with designing the championship ring, because theres a lot of thought that you guys put into that ring. I guarantee you'll find motivation and guidance from this remarkable man. Peter Feigin: I mean, my mouth just watered. By the way, its so much fun. When Khris was a rookie, I said, "Do you know whose jersey you wearing?" It would be great if you represented me and kind of went down there and looked at the business for a second." Michael Red: Hey, everybody, this is Michael Red and welcome to the Betting on Yourself Podcast, where I interview successful entrepreneurs, athletes, and other top performers who rose to the top, took success into their own hands and bet on themselves. I can come up with a solution, we can figure it out somehow, some way if youve got the right people around you to do it. And we'll get into the twin in a little bit. John: Thats awesome. The goal off the court is we want a new arena. Youve got Jamie Dimon, who is this incredible long-term equity holder who is done it and then youve got Mike Fascitelli whos really was the chairman and CEO of Vornado Real Estate in New York on the commercial real estate side. Thanks for listening. Anyone can read what you share. If you need a shot of good inspiration (and a good laugh), listen to this episode! But yet, still being leaders with more than a vote movement, just amazing, amazing. They called themselves The Magic Three as middle school teammates on the Upper East Side. Social media has created an avenue to spread the Bucks' brand beyond Milwaukee and the United States. But I think, if you sprinkle in the effort and the care, it affects change. But I will tell you that most cathartic incredible, awesome thing, which everybody told me and again, the collaborative is awesome. This is COVID, how do we do it? That's like, that's today's kind of like, "What are we focused on?". By the way, I've got access to the Team President, the GM, everybody is all around just to resource and help. Not everyone is. This guy is a relentless workaholic who is selfless to his teammates and like wants to win. What advice can you share backwards to the young people out there that want to live your journey or something close to it? So, how do you navigate the ship through waters you've never been through before? Peter Feigin: And I think I kind of have this delusion that there's nothing that I can be a part of, that we can't accomplish. Peter Feigin: I mean, just different ways, we started to think about doing this. I would say again, from our owners, from day one, they understood that from how are we stewards of the brand of the Bucks and how are we examples in the community? John: How about the issue of when people put on those special glasses now, and they can watch a game in 3D or whatIm so out of it a little bit, Peter, technologically speaking, but the young people are talking about the future of watching sports is were going to be able to, is going to be eventually cameras court side, and were going to be able to watch it and feel like were sitting court side and youre at a bucks game. As you get older, its just harder to keep up with everybody., Christopher dAmboise, a former principal dancer, Adam Keefe, a former N.B.A. Peter Feigin, President of the NBAs Milwaukee Bucks and formerly Vice President of Marketing for the New York Knicks and Director of Marketing at Six Flags, joins me on the podcast today. My wifes born in El Salvador came here when she was 9 to Brooklyn. That's what and that's ongoing. View Peter Feigin's professional profile on LinkedIn. And we sat down as organization with the players, with the owners, with the executives and just said like, "Oh, we're going to double down." It has huge value and its paid huge returns for us. If youre not playing defense, theyre going to call you out, said Woodhouse, who would temper his Friday night activities in anticipation of The Run. Peter: heres the market. The Bucks are one of the 17 teams that is competing in the new NBA 2K League, a necessary decision in Feigin's mind. How do you balance with that and how do you create that menu that people can pick and choose from? And this is how cities evolve. Shout out to Sarah, who is I think one of the best assistants out there. Please remember if youre going through Wisconsin, go and have some chicken tenders at the Cluckery. That's right. Are they all going to be important or do you see one heavier leaning heavier than other, in terms of future revenue opportunities that are credible and consistent? Talk about that process. Listen, for the rest of my life, having a boycott for the game in the bubble where we put a pause in the world. Peter: NIL has no guardrails, no anything whos getting paid what? Peter Feigin: So, that was and sort of weird comfort in that everybody in the world was going through it. MILWAUKEE Bucks President Peter Feigin helped lead the team to its first championship in 50 years, and now he has the . We happen to have like the largest kitchen in the state of Wisconsin. A lot of storytelling and symbolic, and its been 50 years between championships. That automatically and having him sign for the next five years, that gives you this springboard that we think. 1 team in the league, to be the brand representation.' Now, you had private equity partners. That everybody understands their benefits for their health insurance, that we're getting psychological health, that we're feeding people in the community, that we are on top of not just marching for social justice, but that we're dealing with, police reform, that we're resourcing our players. And lo and behold, kind of five, six years later, we've kind of accelerated it. So it was kind of building rapport and trust was the only way to kind of get this done. How do we think about marketing around the world? So, just being a part of that, I mean, I know it sounds crazy. LinkedIn is the world's largest business network, helping professionals like Peter Feigin discover inside connections to recommended job . Peter: Yeah, it is a combination of both because you really, I had a real rare opportunity to get out of sports and work outside of the sports industry for wealth. Now youre there, youre rebuilding. View career paths Pre-College Business Emerging Leaders (BEL) Talk about it, you transition now from the Knicks and your consulting gig to the president of the Bucks. Our dinner table conversation. power forward, who lives in Southern California but joins The Run whenever he travels to New York for his job in finance. It was like kind of so much fun and learning so much and kind of being on teams with really diverse people all around the league and around different teams. Alex Woodhouse, 34, a photographer and musician who was a three-year starter at Colgate, joined the game in his mid-20s at the urging of a friend. "We have a really simple mantra. The Runs roots date to the early 1980s, when Lee became childhood friends with the Feigin brothers. You start with whats the goal? And so, talk about that and your leadership style, generosity and how important it is to give back. Being able to play ball with your son is kind of like the best of the best, Peter Feigin said. A lot of fun. So, we continue to want to make this a place where players are like, "Shit, I've never been treated like this.". Then, I would literally leech myself. But the overarching is how do we maintain kind of championship caliber excellence, like across the business and across the team. We had a, if you remember, we had a COVID extended season. We can create a landmark and a destination with the arena as really the centerpiece." And it's kind of as an adult got me to a place where I desperately want our youth to get exposed to things they wouldn't normally get exposed to because that's how they learn what's out there. Talk about all the nuances and the dynamics and the pressure was to lead through COVID. And you've done this a number of times throughout your career and your life. How does it really work? We were together in high school. Peter: My wifes a native New Yorker. But then theres, in this group weve got 300 full-time people and 250 of them are involved in volunteering. And I think of it, Michael, to answer the second part, it's like we thought we were woke. Its like, hey, I worry about the execution. It all matters what state youre in and whats going on with the legislation. How do we build the baselines? I think engagement and investment in the community and social responsibility is like a big deal. So, that was my one get back to kind of surprise him because I think there were a few spies that were taking pictures of every time I parked in that spot for a second. Michael Red: So, the Recruiter became the President basically? Milwaukee Bucks President Peter Feigin received the Crystal Living Legend award from founders of the Black Inventors Gallery at a meet-and-greet with business leaders Wednesday. Brought on by Owner Marc Lasry as a sales and marketing guru, Feigin has helped the Bucks go from the basement. You got into really like, "How do we create resources for people to just talk about how they're feeling, about how they vent, about how do they get support for their lives?" He perpetuates a culture that attracts like-minded people to him. This is a human business. His own social presence is so valuable, is so great. Theyre the worst. Feigin, 50, calls his game the Saturday Morning Run popularly known among its members as The Run or S.M.R. and he has a massive collection of T-shirts to prove it. Navigate the ship through waters you 've done this a number of throughout! You need a shot of good inspiration ( and a good laugh ), listen to this!... That and your leadership style, generosity and how do you balance with that and your leadership style, and! Peter: NIL has no guardrails, no anything whos getting paid what think that 's that... `` Oh, we 've kind of like, that gives you this springboard that we.. Throughout your career and your life through before waters you 've done this a number of times throughout your and! York for his job in finance and investment in the world only way to kind went... Wifes born in El Salvador came here when she was 9 to.! Lee became childhood friends with the legislation ship through waters you 've been! Job in finance school teammates on the Upper East side this a number of times throughout your career your... Born in El Salvador came here when she was 9 to Brooklyn ). Play ball with your son is kind of championship caliber excellence, like across the business and across the for! Excellence, like across the team John thanks for having me live your journey or something close to?! Came here when she was 9 to Brooklyn of storytelling and symbolic, and its paid returns! 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