So it was kind of building rapport and trust was the only way to kind of get this done. But no matter how skilled the player, new members are included on a probationary basis. I think one of the things Jason of Beverly Hills, who was the designer and the manufacturer did, we just had this awesome element that the top of the ring came off and became a pendant on your, that you could actually wear as a necklace. If someone kills you, theyll give you the ball, Dan Feigin said. Whether youre building an arena, whether youre building infrastructure or a team, whether youre dealing with the same problems, it is really powerful to end up with, when you come up with conflict and problems or you need solutions, or you need smart brains to be able to pick up the phone with 5, 10 like-minded people who are dealing with the same stuff. View career paths Pre-College Business Emerging Leaders (BEL) My fantasy, I had two fantasies growing up. Peter: Yeah. Peter is a serious businessman and an hilarious friend. This was the Milwaukee Bucks at the time had lost the most games in the NBA, had the least revenue, had the least season ticket holders, any metric you could measure. Peter Feigin: And I'm digging into the business, and I had no desire to run it or to move to Milwaukee. So, we continue to want to make this a place where players are like, "Shit, I've never been treated like this.". But online gambling, in state by state is massive and how you can center that do you want to become part of a casino? So first of all, the bubble was kind of like so exciting, surreal, and awesome. High draft picks such as Andrew Bogut, Yi Jianlian, Joe Alexander and Brandon Jennings hadn't panned out. Malcolm D. Lee, who is directing Space Jam 2, which stars LeBron James, is one of the regulars in The Run. 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. Peter Feigin: Well, Mr. Red, it's kind of for naught, I'd do anything for you, so this is an easy period of time. Michael Red: Wow. By the way I never wouldve said this seven years ago, I think you have to be involved. Peter is a native New Yorker. He's not the smartest guy in the world, but he'll certainly know the business and he'll help you out beyond your hedge fund guys and your data guys.". Peter: Obviously, we have like, all of them are employee resource groups. I think its hard to grasp where this is going, but it professionalizes players at this, Peter: point teenagers at a much earlier level than theyve ever been. Then she just starts laughing. 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. How do we affect the community together? John: Its fascinating you say that. 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. Then Chris Middleton next to him, which is almost the same, who are these high quality character folks who happen to be all stars in skill level. We had a ceremony and we had, and out of all the things in the experience, like I want to be in a parade every day. And I love your brother. Peter Feigin: Yeah, I think it's part of the culture and kind of down from ownership, like you're going to stand for something or you're going to stand for nothing. Our expectation is to win a championship. It's kind of like the joy of, like I said, I was a rough athlete compared to the Olympian and All-Star I'm talking to. They have been through a system, if nothing else, highly competitive basketball for the last 12, 14 years, including kind of being shelled up in college, and what the pros are. John: Yeah. Just what you said is like were always coming in this balance of how do we, we want Giannis to represent the Bucks brand. But talk about that nuance and being in leaders on the social injustice play. How does it really work? And Khris parks in a handicap space, because five minutes he's in. And they all live kind of the job we all live kind of each other's lives. Peter Feigin: Yeah. The entity at the center of the controversy the Milwaukee Bucks didn't waste time jumping in. Peter: My wifes a native New Yorker. Im probably like someone who gives everything away. We were in this really awesome mode of, oh, this is a startup, like this is a startup. Lasry, who has been active in Democratic Party politics, has invited various campaign staffers. He's the president of the Milwaukee Bucks and he's a native New Yorker. Wednesday, June 20 7:00 AM Peter: You got it running the 70s, 80s and 90s, yep. But, you want to be in a place where people care about you? "We didn't have much time," he says. 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. Peter Feigin. We thought we were a progressive, pretty forward thinking organization. Although he has made a career of being in high-powered executive positions, he doesn't necessarily dress the part all the time. Peter Feigin: That's an interesting statement. I know youve said your pops passed. Its really important and youve got to take a real responsibility. Michael Red: Is there a pivotal moment that you can think of, even as a teenager or as a young kid, that you'd bet on yourself in a major, major way? Peter Feigin: I mean, my mouth just watered. Michael Red: I know the whole organization showed a ton of grit from ownership to yourself, to management and players, even losing the Democratic National Convention last year. I suggested a lot of people who would be great presidents, and lo and behold, none of them worked out to do it, so I think they had to default to me to run the company.". Peter: Probably, now with the way interesting curriculum has expanded and fun case studies and like where schools are. And you immediately go into, "What does this look like? Peter Feigin: Yeah, I think it's kind of where is the balance? 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. So I'm never a great example of where the balance is and what the cut off is in everything because it's all one big puzzle to me. I literally said, "Hey, Giannis, do me a favor. The Paul's, who acted in several other films including Double Trouble (1992), and The Road Raiders (1989), quickly became well known in the bodybuilding community for their great strength and power, as well as their rebellious barbarian attitude. My mother was one of the preeminent ad executives from Grey Advertising for 40 years. It was July. "We have a. Peter: is youve got to have so many opportunities and different variations to really, to really acquire different types of fans. 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. Brought on by Owner Marc Lasry as a sales and marketing guru, Feigin has helped the Bucks go from the basement. 2023 ERI. Its hundreds of rings. And you've done this a number of times throughout your career and your life. And I think with time, you certainly kind of can take that. How do we make this more than equal?" Youve got Wes Edens who has probably started up dozens of companies in private equity and has an unbelievable kind of entrepreneurial spirit. The ring features plenty of subtle and not so subtle Bucks symbolism. And kind of like who are intrinsically becoming Buck stars and having them be our influencers around the world and thinking about global campaign. What people never tell you about the rings, its not just the 20 rings for the players and the coach and the owners. How could we keep everybody afloat as long as we possibly could? Peter Feigin Title: President Organization: Milwaukee Bucks Previous experience: Chief marketing and revenue officer of Deluxe Entertainment Services Group; president and chief operating. Give Light and the People Will Find Their Own Way. He ran companies like Alma and Posner and cosmetics. It all matters what state youre in and whats going on with the legislation. And to think it all started at a private school in New York City. Feigin's twin brother, Daniel, is director of the upper school at New York City's Trevor Day. If you lose, that might mean you need to keep an eye on several of your friends toddlers. Talk a little bit about where you even grew up, how you even got here. Daniel connected the partners with Peter, then chief marketing and revenue officer of Deluxe Entertainment Services Group, to analyze the franchise from a sales and development angle. Which is a huge opportunity. We're going to have systematic plans that last years instead of events or days or months, and we're going to, we're committed.". How do you rethink it for broadcast, for social, for everything to really appeal to the world in a whole different way? 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. But I could swear by the 10th time it happened, it was not an accident.. Peter: professionalized on a revenue basis, so yeah. So, then you start thinking about really building a district in a small city within a city. She's terrific and just the whole organization and I'm honored to be a part of the family, man. Thats good. Michael Red: So, the league, obviously, is halted with COVID and then in the middle of all of that, you have the George Floyd issue. Okay. Hows Warren Buffett in person as, how exactly? 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. 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. Basketball, Bradley Center, Bucks Gaming, ESports, Giannis Antetokounmpo, Greece, Herb Kohl, Jamie Dinan, Jason Kidd, Marc Lasry, Milwaukee, Milwaukee Bucks, NBA, NBA 2K League, Peter Feigin, Scott Walker, wes edens, Wisconsin Entertainment and Sports Center, WNBA Star Breanna Stewart Talks NBA 2K22, Her Sneaker Game And Becoming A Mom, Denver Educator's Inspiring Work With Black Youth Catches Attention Of Jamal Murray, Nikola Jokic, After Doctors Save Coach's Life From Covid, Players Pay It Forward -- And Earn Special Surprise, 'Space Jam: A New Legacy' Has Something For Everyone, Copyright 2023 Sports Media Ventures, Inc. All Rights Reserved, Wisconsin Entertainment and Sports Center. John: This must be one of the greatest rides of her life seeing you do this whole journey, huh? Peter Feigin: I think building the relationship with Mark, probably through looking at other purchase opportunities and kind of talking through it. That's kind of a surreal experience in NBA arenas.". Peter: Married. What would you be doing if you just couldnt be doing this? That was, Peter: That was it. That is like what you live for. Like the Kees, you're going to hopefully be doing something you love with people you love and working your butt off, but there are expectations. John: Unbelievable. I think COVID, like everything, slowed us up for about a year, but we're back on it. Peter is a serious businessman and a hilarious friend. It's the same way she'll listen through what I'm going through. Thats what we call our volunteering. The ability to go into an NBA franchise and really pick all the great practices which is going around in the league is a huge advantage. The one thing about you that I've seen over the years is that you keep the culture in a funny mood, right? MILWAUKEE Bucks President Peter Feigin helped lead the team to its first championship in 50 years, and now he has the . I think to be successful here and take it from a very fast talking, sometimes lazy speaking New Yorker, who swears too much and does everything. And you do it, for us, kind of my job was to be that rock and support and think about if you told me that 50% of my time would be spent on making sure everybody is okay. Either it came from Khris Middleton or Jack [crosstalk 00:02:21]. Now, the lockdown has forced some of The Runs longstanding members to confront their athletic mortality. It's there is no time balance, so it's kind of surreal. And there is no magic wand that kind of changes this in six months. (There are perks to being commissioner.) Peter Feigin: Not as much as you'd like to see. How we build our brand and how we build our awareness and likability around that, it's just kind of one of those no-brainers, too. Peter Feigin: And I think it's all how you how you go at it. He wanted to keep the team, which was a big catalyst for the whole movement.". You didnt study sports. The building will also be the focal point of a 30-acre development in downtown Milwaukee, an urban revitalization project that Feigin believes in. Peter: heres the market. 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. Everybody knows you are going to work your butt off if you work here. With your owners and partners and this great group of people you put together, whats the future look like for the Bucks and what can some of the fans expect in the upcoming season? Peter: NIL has no guardrails, no anything whos getting paid what? I volunteered/got myself pushed into the reset committee of the bubble committee on the NBA to do something that's never been done before. Michael Red: After knowing you for the last six years, personally, two qualities stand out: Extremely funny and extremely generous. And then I think the most incredible thing, which I can't see happening in a major metropolitan area again, is we were able to acquire 30 acres of contiguous land. We've made it really authentic and localized with what our food and beverage offerings are going to be. It was kind of like take a weekend and moonlight into a fun job. Michael Red: If you had to go back to your 16-year-old self, what advice would you give your 16-year-old self? Id like to do that ring ceremony for hourly staff every day and the world would be a good place. Anyone can read what you share. Off the court it is best practice. "As we got further along, one of my jobs was to staff up that operation and have a business plan," Feigin remembers. 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