HoopsHype Scott O'Neil rumors


February 14, 2015 Updates

Mikhail Prokhorov is selling the Brooklyn Nets and if Philadelphia 76ers CEO Scott O'Neil is correct, the Russian tycoon is going to make an even bigger killing than people thought. O'Neil was a guest on Bloomberg Television's "Market Makers" when he was asked how much he thinks the Nets will sell for. "I think they go for $1.4, $1.5 billion," O'Neill answered. "[the exact amount] depends on what's included, what the lease looks like, how much of the arena you get. There is a whole bunch of different factors. But I would say, given the current set up, the current structure now, $1.5-ish [billion]." Yahoo! Finance

November 24, 2014 Updates

An elderly man has the floor. "Do we root for the team to win, or lose?," he asks. "Win," O'Neil says. "That contradicts everything you just said," the man replies. "I don't understand; how does that contradict what I just said?" O'Neil continues. "We want them to win. I don't think there's any doubt in that. I'm not sure we're equipped to win a lot of games. I think we can all agree on that." "But the goal is to lose games to get a better Draft pick," the man replies. "I'd rather say it this way," O'Neil says. "I'm not trying to be, like, nuanced around words. But the way we talk about it is, we want to make sure that the young players get playing time and can develop, lift this franchise up. One of the results of that is what we'd like to have a high Draft pick." NBA.com

O'Neil says the team has sold 1,700 more full-season ticket packages this season than last, and that sponsorships are up 30 percent. "The way we communicated was, and part of the reaction nationally, is very different from the reaction locally," he said. "Part of the reaction nationally is, 'How could you? How dare you?' And the reaction locally is, 'Thank you. Thank you for telling us what you're doing. Thank you for articulating a plan. Thank you for telling us that you want something as much as we do.' We're really passionate, emotional people, and most of us have our hearts on our sleeves." NBA.com

September 10, 2014 Updates
September 9, 2014 Updates
July 9, 2014 Updates

Q: Is this a tough sell to other people in the organization, like ticket sales people and other people who could be in jeopardy of losing jobs because there aren't fans in the stands? A: I talk to those people and we try to be really helpful and Scott O'Neil and I are close and talk a lot about the things happening with our team the things happening with our business folks and all of those matters. But we talk more about what really matters and what has lasting value and how to really get where we want to go. We talk about all the other things, too. But when you really weigh it up at the end of the day you have to figure out what weight to put on various things, and at the end of the day we keep asking ourselves the same question: 'What will give us our best chance to get where we want to go as fast as we can.' Philadelphia Inquirer

January 26, 2014 Updates

"On behalf of the entire Philadelphia 76ers organization, we are deeply saddened to learn of the unfortunate passing of La Salle basketball legend Tom Gola," said Sixers Chief Executive Officer Scott O'Neil. "Tom will always be fondly remembered for his dedication to this city and as an icon for his accomplishments both on and off the court. We extend our deepest sympathies to his wife, Caroline, and the entire Gola family during this difficult time." NBA.com

August 15, 2013 Updates
July 25, 2013 Updates
July 8, 2013 Updates

Scott O'Neil has been hired as CEO of the Sixers, the team announced on Monday. O'Neil will officially take over on July 16th. With O'Neil now in the picture, the team also confirmed that Adam Aron is out- a move that has been rumored for some time. "I love the NBA and the game of basketball and am thrilled to be back," O'Neil said to Scott Soshnick of the Bloomberg News. "I have lived in and around Philadelphia for parts of my teens, 20s, 30s and now 40s. I am really excited to be back and get started with the Sixers. This is an incredible city that loves an underdog and that is very much what the Sixers are right now.'' Newark Star-Ledger

Adam Aron stepped down as Philadelphia 76ers CEO on Monday and was replaced by former Madison Square Garden Sports president Scott O'Neil. Aron will remain on the team's board of directors and said he has increased his ownership stake in the franchise. Aron was part of the group that bought the franchise in 2011. Minneapolis Star-Tribune

June 24, 2013 Updates

It appears, though, that Aron’s role with the team may change. Last week Scott O’Neil, former New York Knick executive and Villanova alum, visited with the team, according to a source. O’Neil resigned as president of Madison Square Garden in September. Originally, O’Neil was mostly involved in the marketing aspect of the team, which was what Aron’s role is with the Sixers. But through the years, according to the New York Daily News, O’Neil became more involved in the basketball operations side. Philadelphia Inquirer

June 21, 2013 Updates
September 12, 2012 Updates

As for Isiah, those close to him are downplaying a recent meeting with Dolan in the wake of O'Neil's departure. "They meet all the time," one Thomas confidant said. In truth, it seems awfully farfetched that Thomas -- though free of restrictions on involvement with an NBA team now that he's no longer a college coach -- would assume his previous perch as MSG executive when he already has all the influence he wants at the Garden with none of the accountability or responsibility. A more likely scenario is for Thomas to remain in the shadows a while longer, only to resurface in an official capacity sometime, somewhere at an arena near you. CBSSports.com

Scott O'Neil's sudden resignation as president of Madison Square Garden Sports was hardly surprising to industry insiders familiar with a) the pitfalls of working at the World's Most Famous Arena and b) O'Neil's autonomous management style and lofty career ambitions. You can fumble personnel moves for years and drag the entire company into the gutter of an embarrassing sexual harassment lawsuit and remain in MSG chairman James Dolan's good graces in perpetuity. (We're looking at you, Isiah Thomas.) But if you have your own ideas about how things should be done and want more responsibility, as O'Neil did, you can forget about having your proverbial number retired in the Garden's famous rafters. CBSSports.com

Contrary to the sensationalized version of events, it was likely not a specific clash but rather philosophical differences about his role that led to O'Neil's mutually agreed upon departure, industry sources said. Also, O'Neil had reached the finish line in one of his most important assignments, that being the successful management and sales work associated with the approximately $800 million transformation of the Garden. CBSSports.com

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