I answer that by saying like we were successful because at the time the Brooklyn Nets, the Orlando Magic, and a bunch of other teams were selfless with their help with us on how to have best practices on how to build an arena and how to build an infrastructure on how to form. And theyve got it on. Peter Feigin: So, I mean, this is talk about, "You never know what's going to happen and where." Off the court it is best practice. Feigin got the funding approved in the next couple months, and the Bucks signed a 30-year lease to stay in Milwaukee. Im not a big fan of, hey, we need to make money or consult off that. His rise from recruiter's president, handing out parking tickets in the Buck's lot, working for social justice in the epicenter of the global movement, and his unique leadership style. It was July. John: Was Sonny Werblin still around, or was that the same? And Giannis knows whether we're talking about a big deal, whether we're talking about marketing, he knows those socks like he's good with, he owns me for a month now, he owns me. Thanks for listening. Alex Woodhouse "I thought I'd hit the jackpot," Feigin said. I don't care where you take them from, then we're on a good path." "Peter has completely re-imagined the Milwaukee Bucks business operation and grown in sales, ticket revenue, retail and global recognition which is very important," Colbert explained. We've got one of the global sports stars in 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. And we'll get into the twin in a little bit. Thats what we call our volunteering. We built an infrastructure, to our owners' credit on, they made it really simple. He is a legitimate superstar who also manages to bring in the European market. How do we make this more than equal?" The one thing that's been impressive for me, being a part of the family, is seeing how you all embrace the city. It was one of these terrible times where, when youre in pro sport, you book all your revenue, you do all your dirty business before tip-off and if they didnt have somebody to run the business in July, it wouldve been a disaster and they were stuck with me and thats my road to success. Welcome to the impact podcast, Peter. Peter Feigin: That this was a year you couldn't even imagine. Peter holds a bachelor's degree from Franklin and Marshall College and completed the University Of Chicago Booth School Of Business' Financial Executive Program. How do we continue to not only understand it, but monetize it in a very big way? My son was a freshman at San Joaquin Memorial High School when Brook Lopez was there and he played with Brook under coach Pat Giles. And then kind of understanding that he knew I was kind of keen on the operation side and understood a team and an organization's P&L for a good way. So, I can't be too vocal, because if the owners knew how valuable it was that, I conceptually run a retail operation with thousands of pieces of apparel. Talk about having arguably the greatest player in the world on your team. That the only option we really had was to build grassroots and build relationships and take time across the entire community. I literally said, "Hey, Giannis, do me a favor. And you know what their experience is? and other sports leagues begin to outline their plans for comebacks in the age of social distancing, weekend warriors like Feigin are coping with basketball-shaped voids in their lives. And I think the balance is really, really tough because you know what an NBA season is. Peter: Yeah. Absolutely. 1 team in the league, to be the brand representation.' And a diverse community gives us diverse thought, gives us better outcomes. 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. John: You grew up on the Upper East Side, you are a native New Yorker, your brothers still back there. You end up with a Jew holiday, who is this incredible, understated, all star. Then you mirror that off the court. The people part is always tough. Peter: Well, I think its leadership 101, youve got to grasp where you are number one, and this was a very distressed brand company position. It's amazing to see what has been accomplished in a short amount of time," shared Dan Feigin. Youre going to have a lot of fun. You didnt study sports. I mean, that's like, I mean, literally over and over and over again, relentlessly, the whole team to get it done. Peter Feigin: Listen. Our expectation is to win a championship. This material may not be published, broadcast, rewritten, or redistributed. John: Hey, Peter. How did you put the stadium deal together? You cant imagine. Malcolm D. Lee, who is directing Space Jam 2, which stars LeBron James, is one of the regulars in The Run. Peter: I went to Franklin and Marshall College, Lancaster, Pennsylvania. "That was my dream of dreams when I was a kid: Oh, my God.. If you're going to go look at teams, grab my brother. And obviously, you have dealt with a little bit of this with Sterling Brown a couple years ago, so you guys happened to prepare for this a little bit. Giannis Antetokounmpo is the gift that keeps on giving for Bucks' management. I think if I had kind of the listening skills that I still need to get better at, I would be better at kind of understanding. You start and now talk about the major, like you said, you got a great human capital person, you got a great CFO. Peter: Yeah, I think number one is to explain kind of a small market. [fusebox_track_player url=https://www.buzzsprout.com/1062616/8173153-peter-feigin-you-can-figure-out-a-way-to-win.mp3?blob_id=36898294&download=true artist=Michael Redd title=Peter Feigin: You can figure out a way to win social=false ], His mentor relationship with Bucks players, The advice hed give his 16-year-old self. Why wouldn't you embrace Michael Red to really be a reflection of our franchise in such a great way because it's kind of what the great teams and brands do around the world is we've got this unbelievable legacy, which, you're a part of. But Feigin also gives credit to video games. It's like how do I hold my impulsive self to shut the hell up. Peter Feigin: And then I think, the bigger picture is we really have to accelerate becoming the world's team. Its like you think about what the culture of community is. It's about doing things for the right reasons. Everybody at ball was just, you got to move, go leave now. And it was a fantasy. Peter Feigin: Yeah. And what sort of plan could we have when there was some sort of light at the end of the tunnel to kind of ramp back up in a big way. God, I love it as a case study. I really hope I get to meet you in the future. 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. Number one, obviously, because like you said, its rare air, but youre learning on the job. Theyre the worst. But, you want to be in a place where people care about you? I dont know if thats a word, but I would attach myself. There was a collective effort on you guys to really, really embrace the city. I think if you took me at this point in my life and where I am and. He's the president of the Milwaukee Bucks and he's a native New Yorker. And so, talk about that and your leadership style, generosity and how important it is to give back. We had a, if you remember, we had a COVID extended season. Peter is a serious businessman and a hilarious friend. So first of all, the bubble was kind of like so exciting, surreal, and awesome. This is the Impact Podcast. 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. She's a teacher. When you think about it, what else would you be doing? "We had to build a new arena or we were going to move the team. Then she just starts laughing. Peter Feigin, president of the National Basketball Association's Milwaukee Bucks and Fiserv Forum since 2014, graduated from Franklin & Marshall in 1992 as an American studies major. Okay. So, how do you navigate the ship through waters you've never been through before? 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. John: Thats so true. When Khris was a rookie, I said, "Do you know whose jersey you wearing?" If I become that guy, I dont need to play anymore. 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. Peter Feigin: Yeah. He notes that with the Bucks also opening a G League team calledthe Wisconsin Herdthis past fall, there was internal debate about making the investment, but Edens was a notable force moving the decision forward. Welcome to the impact podcast, Peter. 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. Citation. It was important for us for our players, for our organization, for the city to stand up. How does it really work? I asked every good question, every dumb question you could possibly imagine to really learn. I just wanted to get it done and kind of move the needle and kind of. Lasry, 60, had already become less of a regular presence in recent years. 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. How are we going to attack this?". But I think its more the fun, the story. My wife is like, What are you doing? I dont know what Im doing!. Incredibly these three guys were literally engaged. I said, oh, its so good to get all your support. A, if you werent doing this and I know this is a dream job. It's a simple filter to go through things, if we have to question it, we're pretty sure its wrong," shared Feigin. Peter Feigin: This is where I want to be. Sometimes there's a house on fire and you got to focus on putting out that fire, no question. Number one, growth is so exponentially outside the us, which is like really interesting for NBA basketball, for participation, for media, for social consumption. Peter Feigin: Khris Middleton, as you can imagine, nobody understands that players have been having to get COVID tested twice a day and you got to come into our training center and we have parking spaces. Thats an interesting question. How do you end up managing the importance of numbers and capital. John: Right. Peter: Yeah, so I think its here and I think its all about the customization, right. And you immediately go into, "What does this look like? And we're going to be the No. And Peter, now is the President of the Milwaukee Bucks and has done an incredible job over the years with the Bucks since he's landed in Milwaukee. Peter: got to do what youre going to say and say what youre going to do and really be substantial. Let that person speak. John: Lets step back. If you need a shot of good inspiration (and a good laugh), listen to this episode! John: Right. Peter: Well, my dad was at Brooklynite so we were Mets and Jets. Before we get talking about all the amazing things you've done in basketball, and just coming off amazing championship. What the heck do we do, like everybody else? Be sure and try our new SNOWCAST APP! 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. He wants to know what the answers are. The Bucks are currently in position to make the playoffs for the second straight year and third time in four years since Feigin and friends took over. High draft picks such as Andrew Bogut, Yi Jianlian, Joe Alexander and Brandon Jennings hadn't panned out. In the face of unprecedented circumstances . Marc Lasry, the co-owner of the Bucks, joined The Run when his sons were students at Trevor. Peter Feigin: Yeah. Peter Feigin: Yeah, I think it's kind of where is the balance? Michael Red: The mental health and wellness of the players, right? Before we get talking about all the amazing things youve done in basketball, and just coming off amazing championship. So, of course, he's just had enough. He captained. 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. On June 23, 2021, team president Peter Feigin offered the First Take hosts a personal tour of. They were trying to think of something that would be like. They just happen to be huge group buys of 200-300 people with Greek flags behind the visiting bench. Anyone can read what you share. 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? Talk a little bit on a fun topic, when I was reading up about you and the team and everything else, I read about this new venture you guys got going over in Wisconsin called the Cluckery and I got hungry looking at the website and looking at the menu. A lot of fun. Its all about your partner, it was one of these opportunities where she was just all in and to her benefit, like I owe her forever because it was, like its been an unbelievable, run and a huge opportunity. Feigin was a four-year member of the men's soccer team as a midfielder during his undergraduate career at Franklin & Marshall. Going back into the past is something I wanted to ask you about. Why shouldn't we resemble the city we work and live in, instead of kind of what national things are? Because there's a lot of founders and entrepreneurs that listen to this as well and managing that dynamic with their family. He wanted to keep the team, which was a big catalyst for the whole movement.". "As we got further along, one of my jobs was to staff up that operation and have a business plan," Feigin remembers. The people part is always tough. 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. But he worries about the physical effects of another extended layoff. How do we rethink it? 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. Peter is a native New Yorker. And I didn't need to get paid. Shout out to Sarah, who is I think one of the best assistants out there. I heard or to make the statement, are you the employee of the month? What people never tell you about the rings, its not just the 20 rings for the players and the coach and the owners. 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. For our listeners and viewers out there, to find Peter Feigin and the Milwaukee Bucks, you always could go to bucks.com. Yes, we are shiny toy people want to see how you build a project in time and under budget and how youd manage a project. 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. Well the goal on the court is we want to win a championship. You got to think about what the objective is, but I truly do believe, just no is not an answer if you surround yourself with smart people. 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