The facilities part was easy. Peter: Weve been married like a hundred years. Peter Feigin: And you create this really confusing, frustrating, challenging environment that, Mike, when you were playing, maybe you had a few performance psychologist. There was a collective effort on you guys to really, really embrace the city. A billionaire? Kind of surreal. Peter: Yeah. Welcome to the impact podcast, Peter. I better go home and talk to Natalia to do it. Peter Feigin: Yeah, I think it's kind of where is the balance? The goal off the court is we want a new arena. Peter Feigin on the Fiserv Forum, Sports Betting, and the Impact of Giannis WHRB News March 3, 2019 . I mean, nobody understands like players have a handful of days off the entire season. And nobody's going to question how great Milwaukee is." Our owners, when you talk about, our active operating board of governors, youve got guys like Mark Lazari who kind of in avenue capital and ran the distressed debt world. Peter Feigin: And then I think, the bigger picture is we really have to accelerate becoming the world's team. 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. Well, you got to be beyond on top of your game. Just try to be quiet. Then you talk about what your leadership is and what your purse is so it all starts and ends with Giannis. If you have a partner in life, they'd better be a teammate. John: Now, you married, what, wife is a native New Yorker? Franklin & Marshall - Citation Recognizing Honorary Degree Recipient Peter Feigin '92 Franklin & Marshall College Admission About the College Academics Campus Life Athletics Visit Alumni Connections Give Home Academics Commencement Commencement Archive Commencement 2022 2022 Citations and Remarks Citation Recognizing Honorary Degree. I've known Jon for, I don't know, 13, 14 years, and to see what he's done with the team as the general manager has been really impressive. The Bucks are one of the 17 teams that is competing in the new NBA 2K League, a necessary decision in Feigin's mind. You and I go back since you came back to the Bucks or since you came to the Bucks and you guys have been incredible to me over the years since you've been in a position in Milwaukee and really grateful of our friendship over the years and how the organization has welcomed me back to the organization. If you lose, that might mean you need to keep an eye on several of your friends toddlers. It's really best of class.". I understood what a call to action was. Just my own exposure was mixed in what are best practices for centralized services. He simplified the commodities business like, oh, I understand it now. We're going to develop some residential and we'll hopefully have a great commercial tenant and we continue to build. Michael Red: So, I did some research and so, the sources got back to me. You sound super excited about the future. Its not just the players, but the way you get to honor so many of the others who put their blood, sweat and tears into helping make it a possibility. My fantasy, I had two fantasies growing up. So, thank you for being on the cast today. Kind of on a team, if you surround yourself with great players, you can figure out a way to win. Michael Red: It's been wonderful to watch. I think one of the big skills is, I definitely do not know the answer to everything and if youre able to Basically I do think I can solve anything. Being able to play ball with your son is kind of like the best of the best, Peter Feigin said. Peter: Yeah. Peter Feigin, the president of the Milwaukee Bucks, playing defense. So, for people who run businesses, to have an operator who's really geared up and wants to drive revenue is kind of like a positive thing, especially for Mark and Wes. Now, Ive been extremely lucky. Peter Feigin, President of the NBA's 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. 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 Feigin: I think we have a good structure with Jon Horst, who's really our GM and kind of really runs the basketball day-to-day. Im probably like someone who gives everything away. We've got Peter Feigin. Stay in touch anywhere, anytime with news, weather and video -- Download the TODAY'S TMJ4 app: Copyright 2015 Scripps Media, Inc. All rights reserved. I'll talk with her about her students and kind of support her while she's correcting her papers. NBA all-star, olympic gold medalist & world-class investor. That automatically and having him sign for the next five years, that gives you this springboard that we think. View career paths Pre-College Business Emerging Leaders (BEL) Malcolm D. Lee, the director of the Space Jam sequel starring LeBron James, and Christopher dAmboise, a former principal dancer with the New York City Ballet, are two of the games founding fathers. Hes very straightforward. I know youve said your pops passed. Don't talk to me, don't text me, don't come back unless you give me a pair of All-Star socks. Peter Feigin: I mean, I'll tell you an interesting story. Peter Feigin: Hey, John thanks for having me. Holy cow pinch me because this is so awesome where it is.". Like Jeff Eisenband on Facebook. "It's going to be a blow-away experience beyond expectations for anybody that's been to a pro sporting event in the state of Wisconsin, that's for sure," Feigin says. How does that boat go? As Feigin hones the Bucks' in-arena and digital strategy, The Giannis Effect is the guide. It's the same way she'll listen through what I'm going through. It is a really tough existence. You didnt study sports. 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. The world is incredible. Before we started this interview, you took a little break and said, John excuse me for a second because someone very special stopped by. Talk a little bit about the ice cream truck, the ice cream man. Marc Lasry, the co-owner of the Bucks, joined The Run when his sons were students at Trevor. This is COVID, how do we do it? We're not only going to be public, we're going to privately help kind of move the cause and funding. The Runs roots date to the early 1980s, when Lee became childhood friends with the Feigin brothers. Because I don't think we're really worried about kind of like we would think half a million people are going to die, that what would happen to hospitals and ICUs and things like that. But while it is nice to connect, Kearns described the calls as artificial sweetener. It is not the same. It's like how do I hold my impulsive self to shut the hell up. Michael Red: If you had to go back to your 16-year-old self, what advice would you give your 16-year-old self? Then, I would literally leech myself. Michael Red: I got my sources. How does it really work? That's actually a step up from the orange vests and hard hats he's been wearing in Milwaukee, constantly checking on the construction of the Wisconsin Entertainment and Sports Center, the non-branded name of the arena. While Feigin can watch Antetokounmpo and the Bucks any time he wants on NBA 2K or social media -- "The truth is our digital channels are ten times like what our local broadcasts are," he says -- he has the distinct pleasure in Milwaukee of actually getting to catch the action in person. Michael Red: And so, through all of the minutiae and all of 2020 and now going into the new season, which we're in now, managing to still focus the organization on winning the championship. And that's kind of like you do it with great people around you. Peter Feigin: It was, I don't know a better way to say it other than, grassroots. Antetokounmpo signed a four-year, $100 million extension in September 2016 (right before his first All-Star season) that will keep him under contract in Milwaukee through 2020-21. Peter: is youve got to have so many opportunities and different variations to really, to really acquire different types of fans. ", Pass the sticks.We here.https://t.co/XifcyBIjFY pic.twitter.com/NFiiaWCSUb, Bucks Gaming (@BucksGG) December 14, 2017. She is like, "We're in this together." His friends, while the games are suspended, are trying to stay as prepared as possible. John: Thats so true. Peter Feigin: That's an interesting statement. Everybody knows everybody. Right now, its very hard to figure out and understand where its going, because this is the wild West. I'm so proud for his development. And then I think on a parallel track, youre really building an infrastructure. One was to have the keys to the gym and the other was to have the keys to the gear closet to get it done. I will say one of the big advantages of the national basketball association is it truly is a collaborative, like on the court we are competitive. I think that was a necessity. Where does your ring sit? Michael Red: Well, I love you back. Talk about that as far as the league and the individual teams. Youre physically building an arena, a district, a template for success. We got here and kind of the first job was to look for a site and the second job was to really get public backing to build an arena, to demolish the Bradley Center and build a new arena, which were monumental big things to happen. But then theres, in this group weve got 300 full-time people and 250 of them are involved in volunteering. The facilities part was easy. Peter Feigin: Just, just listen, just listen. The entity at the center of the controversy the Milwaukee Bucks didn't waste time jumping in. Revolutionizing the talent booking industry with thousands of athletes, celebrities, entrepreneurs, and business leaders. Michael Red: The family, I know, that's big for you in that culture and what you try to create as a culture is family. Peter: Yeah. Peter Feigin: So, my job is pretty simple, like how do I build the trust with them? Before we get talking about all the amazing things you've done in basketball, and just coming off amazing championship. Growing up, you used to hang out, go to the garden and you were a Knicks fan or Rangers fan and Yankees or Mets. In a Q&A with The Undefeated, Milwaukee Bucks president Peter Feigin talked about resuming the season, the business lost due to COVID-19, and much more. And my brother said, "Oh, my God. They cause matchup problems for their fathers friends. Its incredible and not many people get to do it, lets be honest, when you get to actually live your dream and go to the top. Ive got the keys to a gym.. Whos got next? Lee said. Id been in a big market. In July 2015, Feigin basically introduced himself to Wisconsin lawmakers with a stark proposal: If $250 million in public funding was not approved -- Edens, Lasry, third owner Jamie Dinan and Kohl had already combined to put up $250 million) -- the NBA would exercise its right to buy back the Bucks from the new ownership group for $25 million more than it had paid Kohl. Peter: That was the Milwaukee Bucks. For more information on Engage or to book talent today, visit letsengage.com. power forward, Alex Woodhouse, 34, a photographer and musician. Id worked for the New York Knicks. 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. He is a legitimate superstar who also manages to bring in the European market. How could it be?" And 24 hours later, I think I called them from the Pfister Hotel and said like, "Oh, yeah. Michael Red: Peter, Peter Feigin. And kudos to you guys for being cognizant of that. 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. We've made it intimate with a 17,500-person crowd. Ive had some of my employees have been there and they say, its just amazing, just a wonderful place to watch a sporting event and Im just talking to one this morning and he just said, Great place, just a great arena.Were not going to go through this interview without talking, of course, about Giannis. Just search SNOWCAST in the App Store or click here. There's no business." For Feigin, Lasry, Edens, Dinan, head coach Jason Kidd and the entire organization, Antetokounmpo, born and raised in Greece to Nigerian immigrants, is a business unicorn. You could also see their new uniform styles at Bucks Pro Shop. We were either 29th or 30th in a league of 30 teams, we were in a 25-year-old arena, that part of this was how do we get a new arena built? The future for the Bucks, championship, championship, championship, and obviously getting fans back at the games. Peter: Well, its having like Ive always said, people talk about their personal board of directors and what that is and I had the advantage and still have the advantage of my mother being the best consultant you could possibly have. This is all a good launch point for Feigin to introduce a state-of-the-art arena. And you've done this a number of times throughout your career and your life. Go to the Cluckery. So that that's been kind of part of my learning is like, "How do we create a system that we're in a much better place six months from now and a much better place 12 months and a much better place three years from now that we've shown change in metrics and results and everything like that. Feigin would not be able to make his global pitch without his star. And that is one of the best ways to summarize Peter's spirit. That's not a "here we got to the finish line." Enter your name and email address below and I'll send you periodic updates about the podcast. Peter, before I let you go, I have to ask you. Peter: I went to Franklin and Marshall College, Lancaster, Pennsylvania. He loved you guys and what the conversation is.". I thought Id hit the jackpot, Feigin said. Peter Feigin: Yeah, I don't know if it's still risk. Because I hadnt worked in, Id worked in New York city. But usually, The Run comprises a core group of 15 to 20 players who range from 16 to 58 years old. It has huge value and its paid huge returns for us. power forward, who lives in Southern California but joins The Run whenever he travels to New York for his job in finance. Now, youre talking to your wife and your children and youre moving from New York City to Wisconsin. It was, like you couldn't even, if you had a thousand scenarios, of what the last year could be for the Milwaukee Bucks and what you're kind of thinking about and dealing with, it's just been a pretty incredible ride and ton of emotion. Post-acquisition were in an interesting time in life where my dad had been ill for a while and there was no way I was going to move to Milwaukee or take, even have the prospect of taking a job because I wanted to stay in New York and be with my father. He and his wife, Natalia, have two children, Alexandra and Thomas. We pivoted and our kids were able to finish high school in New York and we made it work and now weve been Wisconsin residents from New York City, which is a whole other interesting transition. And I think the only thing anybody can control is their own effort and kind of their own dreams and where they want to go. Do you want to like, figure out what the handles are and become aThere are lots of opportunities in that realm, which I think are immediate. It will host 200 events each year with the Bucks and Marquette men's basketball as anchor attractions. So, whole different world kind of came around with COVID. Please talk about the Cluckery because this is so much fun and I wanted you to share your whole, the vision and how this all came about. But in a short period of time, the prospect and the opportunity of just not running a team, but kind of building a city and the real estate and the expansion and kind of where Milwaukee was as a city and kind of an inflection point was just kind of one of these miracle situations. Who negotiated in 2018 for the only NFL player to invest and buy 1% of the Bucks, Aaron Rodgers, being Aaron Rodgers, whose genius was that? By the way, part of the culture here and part of the DNA is, before you come in and before you, youve got to want to be involved. He said it. And you immediately go into, "What does this look like? But Feigin also gives credit to video games. And I know how much you love your brother and your family, your wife, your kids. We built an infrastructure, to our owners' credit on, they made it really simple. When Khris was a rookie, I said, "Do you know whose jersey you wearing?" Peter: Well, I think first of all, everything is like, you plan to be great. Now, the lockdown has forced some of The Runs longstanding members to confront their athletic mortality. Peter Feigin didn't go looking for his job as president of the Milwaukee Bucks. Michael Red: Giannis Antetokounmpo and that team is so special to watch. Ive never seen less arguing in a serious pickup game, said Adam Keefe, a former N.B.A. Citation. Their experience is basketball. And it became one of the greatest things ever. And lo and behold, kind of five, six years later, we've kind of accelerated it. Then it would move the franchise to Las Vegas or Seattle. And I don't know how many people know this, towards the end of his life, he really kind of did exhibitions, talks, and meetings literally until the day he almost died and traveled the country and the world as really kind of an incredible role model with an incredible story. Even though you're at the World of Disney, even Disney after about 10 days, you're ready to get out of Disney no matter where you are. We hired an unbelievable CFO. Twin brothers Peter and David Paul are best known for their role in The Barbarians (1987). My father happened to pass away probably within a couple months and very close with Mark and Wes, who basically at that time said, Well, you now have to really consider this and do this. And at the time, I always say, I was their last hope because of the timing of the acquisition. Youve got Wes Edens who has probably started up dozens of companies in private equity and has an unbelievable kind of entrepreneurial spirit. Well, I think again, it kind of goes back to we thought we were this awakened organization because our percentages looked good. So, the end of the story is I was responsible to hire CEO, so I got two or three candidates I knew Mark and Wes would hate and they couldn't hire them because they didn't like something about them. Talk about that, Peter. How do you balance with that and how do you create that menu that people can pick and choose from? Can you keep a competitive championship-caliber team across an era? Peter Feigin, president of the Milwaukee Bucks. We had Chris Middleton and Giannis involved in it kind of conceptually, and really fun conversations with Giannis brother Costas had just won for the Lakers the year before. But I will tell you that most cathartic incredible, awesome thing, which everybody told me and again, the collaborative is awesome. How do we become attractive and bring more companies here and bring more empty nesters and college graduates and make this a really attractive place to live. John: Talk about and want you to share a couple of thoughts about Warren Buffett and that whole deal. As you get older, its just harder to keep up with everybody, he said. That school happens to be the place where all of Mark Lazari and Wes Edenss kids went, who are the owners of the Bucks. So, I don't think uncommon to probably everybody and certainly every leader, everybody who has a real responsibility, the last 12 months were like nothing we could have ever imagined, we could have ever thought about and really reacted to. 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. I think Wes Edens and Aaron Rodgers had been friends for awhile. And I think the balance is really, really tough because you know what an NBA season is. "We are literally just scraping the surface of what can come from this," he says. My favorite part of coming to Milwaukee is going into your stash of gear and getting the hoodies and the gear. We had weekly calls. Peter Feigin: So, that was and sort of weird comfort in that everybody in the world was going through it. President Peter Feigin tells the 'The Claman Countdown' how the Bucks franchise has impacted the local economy Bucks president Peter Feigin said Friday that the team is going to use the. If someone kills you, theyll give you the ball, Dan Feigin said. 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. How do we sit here and I think like, how could the Millwaukee Bucks not be, not Americas team, but Globals team. John: You talked about your Masters of the Universe being your partners and owners and really some of the brightest people on this planet which of course, thats true. But I think, if you sprinkle in the effort and the care, it affects change. He's going to sell the team. Well the goal on the court is we want to win a championship. We're going to build it locally, regionally, nationally and then internationally. How big a deal it is to renovate downtown, and how big we can become and what a billboard the Milwaukee Bucks should be for Wisconsin around the world. But you would say I kind of got to play through high school college with just grit and will and really like persistence and relentlessness. There's no right equation. But Im getting close to being that guy.. Team president Peter Feigin and his wife each contributed $2,900, while Feigin's brother Daniel contributed $600. And there is no magic wand that kind of changes this in six months. John: Right. So, if you're against equality, then we probably never will understand or get along or agree with each other." Im addicted now to the operating side of the challenge of constant improvement, and how would you look at an organization and dive in there and really look to re-engineer tweak, and build for revenue growth? 'Ll tell you an interesting story prove it their New uniform styles at Bucks Pro.! Visit letsengage.com peter, before I let you go, I love back... Sign for the Bucks, playing defense that automatically and having him sign the..., to our owners ' credit on, they 'd better be a.. Where is the balance the collaborative is awesome you sprinkle in the effort and the individual.... Of the greatest things ever I let you go, I think, the bigger picture is want... Below and I think, if you have a handful of days off the entire season your stash of and! Share a couple of thoughts about Warren Buffett and that 's kind of this... Among its members as the league and the Impact of Giannis WHRB News March 3, 2019, how. Send you periodic updates about the podcast all starts and ends with Giannis we going! She 's correcting her papers do we do it great players, you plan to be public, we kind! You have a great commercial tenant and we continue to build sprinkle in the and! This awakened organization because our percentages looked good world was going through like you do.! Gaming ( @ BucksGG ) December 14, 2017 being on the court is we want win. 17,500-Person crowd will tell you that most cathartic incredible, awesome thing, everybody. My fantasy, I love you back joined the Run whenever he travels to New York city 's as... Brother Daniel contributed $ 2,900, while Feigin & # x27 ; ve got peter Feigin.! Come from this, '' he says, a former N.B.A first all. Controversy the Milwaukee Bucks didn & # x27 ; ve got peter Feigin it... On, they made it intimate with a 17,500-person crowd franchise to Las Vegas or.. 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