It's definitely not brain surgery. His sabbatical included a lengthy stint in Los Angeles on the set of Space Jam 2. After he finally made his return to The Run in January, his comeback was cut short by the pandemic. You know I got my sources. Feigin told the crowd, "The city has really embraced the organization and this team in a way that is just heartwarming and proud and were not even there yet, which is really exciting and great so thank you very very much!". Then, I would literally leech myself. Peter's Hairless Twin is a twin brother Peter Griffin keeps locked up in a storm shed. "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. 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 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. But while it is nice to connect, Kearns described the calls as artificial sweetener. It is not the same. Obviously, your assistant help set this up. I think thats like fair. Then you mirror that off the court. And he said, "Yes, sir. Growing up, you used to hang out, go to the garden and you were a Knicks fan or Rangers fan and Yankees or Mets. The world is incredible. Thats for every aspect of it. Off the court it is best practice. Feigin would not be able to make his global pitch without his star. We can create a landmark and a destination with the arena as really the centerpiece." Michael Red: One thing that impresses me about our organization is how diverse it is. So, these guys are thrown into a world where they're responsible for everything, they assume they know everything, and what their experience is. Peter: Yeah, it was incredible. On the team, it takes extreme like investment to keep it. Feigin distributed the shirts in February to The Runs regulars during a weekend retreat to Milwaukee, where his twin brother, Peter, works as the president of the Bucks. How did you put the stadium deal together? As you said, because of your mom and dads background, and because you had some of the rock stars of industry, as you say, Masters of the Universe, as your partners, you got to meld your experiences, your parents coaching, and then the rock stars came and they were also, you got a perfect soup of business experience to create this amazing success story. 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. 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. 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. There was a collective effort on you guys to really, really embrace the city. He loved you guys and what the conversation is.". With a B? Woodhouse recalled asking him. And again, it's kind of the relationship. Engage is the go-to spot for booking talent, for speeches, custom experiences, live streams, and much more. Its gotten through its first iteration to see where it is. This is all a good launch point for Feigin to introduce a state-of-the-art arena. Thats a good run. And a diverse community gives us diverse thought, gives us better outcomes. 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? Peter: You are a genius because you use food as youre incentive and nothing better than ice cream. 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. Feigin, who had held executive positions at Madison Square Garden, Marquis Jet Partners and NetJets, packed up his New York home and went to Milwaukee in 2014. Peter Feigin: And make a long story short, I went with him, I think, the first trip was to Philadelphia and we looked at the Sixers and then we looked at probably 10 other teams over the next decade. "We didn't have much time," he says. Antetokounmpo, now in his fifth NBA season, has become a basketball and cultural phenomenon. Peter Feigin: And I think, even when we looked at ourselves we're completely diverse, but we weren't anywhere near where we should have been on the leadership side of being a diverse leadership. 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. It has just been introduced for iPhones, but we are working on the Android version! Where does it sit? 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. We had a, if you remember, we had a COVID extended season. "We know the reality is 18 months ago, no one would've said Giannis is one of the top five players in the NBA, so we've had really what we would call the Giannis Effect," Feigin explains. They just happen to be huge group buys of 200-300 people with Greek flags behind the visiting bench. He's also been quoted as saying he wants to play for the Bucks "forever" and he does not know if he could be "the same player" in a "flashy city." I'm just honored and grateful that you took the time to be on the cast today, man. Theres some other attributes, but just take those three is like your best, which, whether youre on basketball or the business side, you die for. Ill tell you how it I got the offer, the conversation and we play a pickup game of basketball every Saturday for 20 years with the same guys. Peter: Which like, by the way, might evolve to 20%, 30% of an arena at some point. John: That is a big deal. We always tell people, listen, if you want to work here, youre going to have to collaborate with people. Thomas F. Leonard . When I was looking at the website, I was like, man, I cant wait to taste that chicken. Ive got the keys to a gym.. I guarantee youll find motivation and guidance from this remarkable man. Enter your name and email address below and I'll send you periodic updates about the podcast. God, I love it as a case study. It looks amazing. That can only come from one or two people in the entire organization. John: Its so amazing you say that. And I think what happened in this year, in so many ways, was a great splash of ice water thinking like, "Boy, we got a long way to go." My favorite part of coming to Milwaukee is going into your stash of gear and getting the hoodies and the gear. And they were kind of stuck at the last minute deep in the summer. Were going to constantly improve. I literally said, "Hey, Giannis, do me a favor. 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: Start from, yeah, start from the beginning. Michael Red: That's exciting, man. In many ways, you were doing a startup when you came to Milwaukee with your partners. How does that, and then, with that also because this harkens back, Im old enough, youre old enough even, we remember the Michael Jordan era, he was the greatest player in the world back in his Again, you not only have one of the greatest players ever to play on the planet, but youve also created this culture of retention. This is a super special edition. Lee, 50, has worked to keep in shape by doing yoga and shooting hoops in his backyard. Peter Feigin: These are all massive, huge, systematic problems for generations that we've got to chip away from every day. Peter Feigin: I think nobody could have imagined what that does to you on a personal psychological emotional level. But talk about that dynamic leading through that. I took great pride in seeing the development of downtown and what you guys were doing with the city. Talk about all the nuances and the dynamics and the pressure was to lead through COVID. We happen to have like the largest kitchen in the state of Wisconsin. Peter: John, the best. This guy is a relentless workaholic who is selfless to his teammates and like wants to win. Well, you know about the ice cream truck. Milwaukee Bucks President Peter Feigin speaking at the opening of the team's new training center in downtown Milwaukee as Milwaukee Mayor Tom Barrett . I think, listen, you could certainly have success with superpower and great skill and everything, but to have peopleYou mentioned at the beginning of the show, how in a small market, do you keep consistency? Feigin's twin brother, Daniel, is director of the upper school at New York City's Trevor Day. How do we affect the community together? It's about doing things for the right reasons. How do we continue to not only understand it, but monetize it in a very big way? 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. Maria Natalia Mendez, a daughter of Dr. Nena Mendez and Dr. Hermann Mendez of Manhattan, was married Friday to Peter Feigin, a son of Barbara and James Feigin of Manhattan. And that's what we try to do. 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. Peter Feigin: That's an interesting statement. So it was kind of building rapport and trust was the only way to kind of get this done. Now, Ive been extremely lucky. These guys are human beings. 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? That was my dream of dreams when I was a kid: Oh, my God. And I think the balance is really, really tough because you know what an NBA season is. 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. 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. 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. 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, the president of the Milwaukee Bucks, playing defense. It all matters what state youre in and whats going on with the legislation. Mike, you get it because you lived it. 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. So, for all the listeners, I played in Milwaukee for 11 years over a decade and had an incredible time there. And it was a fantasy. John: Right. His is a story of grit, will, and great humor. That automatically and having him sign for the next five years, that gives you this springboard that we think. A lot of fun. If you need a shot at good inspiration and a good laugh, listen to this episode. But I think, those are the things that like, yes, you can always pay people. So, thank you for being on the cast today. But, boy, you talk about how you go to sleep like the night, a night in March, in the middle of March last year thinking like, "Oh, my God. His talents, hard work and dedication are the driving force behind the transformational vision for not only the Milwaukee Bucks and Fiserv Forum, but for the city of Milwaukee and state of Wisconsin. By form, I think your strength of your network is as strong and as smart as you can possibly be. We stopped operating. Id like to do that ring ceremony for hourly staff every day and the world would be a good place. I just think were just laughing that its so great to have, we have an ice cream Wednesday where its supposed to be Tuesdays, but we incentivize to ride his ice cream truck around the floor and around the facility to do a break. I don't care where you take them from, then we're on a good path." Peter: got to do what youre going to say and say what youre going to do and really be substantial. I watch it. Very little sympathy or empathy for pro athletes because of what they get paid. He simplified the commodities business like, oh, I understand it now. 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. How do we attack every day with how can we resource everybody who works here to be able to do their job very well. After college, Dan Feigin got a job at Trevor teaching English and coaching sports, which meant one important thing: He had access to a gymnasium in New York City, where indoor hoops are more precious than parking spaces. The good news is it's pretty small shop. Michael Red: Peter Feigin. In September 2013, then-deputy commissioner Adam Silver announced that Bradley Center, the team's home since 1988, was unfit for an NBA team. Team president Peter Feigin and his wife each contributed $2,900, while Feigin's brother Daniel contributed $600. 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. Everythings got to be perfect to do it and dont realize because like, hey, Ive never won a championship before, never run a ring so I just started the process and I didnt realize which I now do and why our owners wanted to be intimately involved with the design of the ring. 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. And that's kind of the way I think about everything. Peter Feigin: Yeah. Peter Feigin: And then, one of the more proud moments in pro sports, we lead a boycott to a game, that becomes really a pause for the entire world. Weve got a sophomore in college and a senior in college. 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 have an identical twin brother who's the headmaster of a school in New York City, that all of Wes Edens' and Marc Lasry's kids went to, who were two owners of the Bucks. Youve collected all this human capital, both starting and back up. How could we not be good at quick serve restaurants? Those are simple, its his genius. The first kind of fully owned African American sports agency, whose main client was Arthur Ashe. 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. We need to resource this place, like you cant imagine and we need to build an infrastructure that is beyond sound for growth, so not just day one. Michael Red: Wow. So, then you start thinking about really building a district in a small city within a city. ", Pass the sticks.We here.https://t.co/XifcyBIjFY pic.twitter.com/NFiiaWCSUb, Bucks Gaming (@BucksGG) December 14, 2017. And I didn't need to get paid. Here in a million person city and your ability to affect change, your platform, your ability to really make a difference is so incredible. Thats a stain on your career, Dan Feigin said. 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. If you need a shot of good inspiration (and a good laugh), listen to this episode! So, this had been a surreal year and tough as a leader because it's exhausting. That sounds like a little piece, but that's a big piece in the world. Im so proud and honored to have this conversation with you today, and thank you for your generosity of your time. Well, a year ago, yesterday, we went to zero. My fantasy, I had two fantasies growing up. It's a simple filter to go through things, if we have to question it, we're pretty sure its wrong," shared Feigin. 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. 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. 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. Is this coming? This is learning on the job, right? John: In terms of watching the young generation now come up, has NIL and the advent of NIL do you believe thats going to have a positive or negative effect as you continue to recruit players in the future? Peter is a serious businessman and a hilarious friend. It's truly like a restart. Peter: I think when the opportunity came and we thought it was such a good idea, we were aiming an incredible. Thats an interesting question. I think probably one of the last public-private partnerships that thatll happen, when Troy brought together the city, the county and the state to put together a partnership for a new arena in downtown Milwaukee. Right? "I got to tell you the enthusiasm Peter has brought to the city has been brought right back. 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. Peter Feigin: Hey, John thanks for having me. How do we make this more than equal?" Michael Red: You talked about Coach Bud and the whole team organization, which I think Coach Bud has done a terrific job thus far. Peter: Oh, my goodness. That school happens to be the place where all of Mark Lazari and Wes Edenss kids went, who are the owners of the Bucks. And that's what we try to do. But the overarching is how do we maintain kind of championship caliber excellence, like across the business and across the team. Peter Feigin: And for a year of that, I kind of dropped everything and just kind of toured the country with an organized schedule, kind of understood the revenue part of it, kind of do. This is COVID, how do we do it? My mother was one of the preeminent ad executives from Grey Advertising for 40 years. To learn more about the world championship, Milwaukee Bucks, you can find Peter and all of his colleagues and the players and all their stats @bucks.com, bucks.com. This is a small town, even though it's a big city. Its rotating cast includes bankers, lawyers and high-powered television executives. Alex Woodhouse "I thought I'd hit the jackpot," Feigin said. You can imagine, yes, Id rather be in Miami for 180 days, no question. At the backdrop of the luncheon were items invented by African Americans. Peter Feigin: That this was a year you couldn't even imagine. Peter: Well, I made one of the biggest mistakes ever to begin with. Peter Feigin: I mean, my mouth just watered. 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. We spend a lot of our time really trying to figure out what are the levers to move the revenue. I've been telling him. The people part is always tough. John: You grew up on the Upper East Side, you are a native New Yorker, your brothers still back there. Hey, so talk a little bit about impact. NBA all-star, olympic gold medalist & world-class investor. The entity at the center of the controversy the Milwaukee Bucks didn't waste time jumping in. But talk about that nuance and being in leaders on the social injustice play. We've developed about 75% of it and people are living here, working here, and playing. John: Like you said, the smartest people could take the most complex issues and just make them simple. Which is a huge opportunity. His is a story of grit, will, and great humor. Well, I think again, it kind of goes back to we thought we were this awakened organization because our percentages looked good. And I think he's going to sell the team. Founders of the Black Inventors Gallery, Peggy Hardy and Synovia Moss, spearheaded the display - a reminder of the spirit of innovation and vision Peter Feigin needed to champion a new arena for the Milwaukee Bucks. "We were, time-wise, kind of lucky," Feigin says with a laugh. Peters son, Thomas, and Dans son, Jackson, are both high school juniors and excellent players. There's no right equation. Some guys I went to high school with some guys who played college, and I leaked it at the opportunity at that game on a Saturday morning and everybody went absolutely nuts because for better or worse, Im kind of being your average guy, you do not think Peter Fiegins going to have the opportunity to become an NBA president to do it and these jobs are so rare and so incredible. We were literally refining, cared about all the cookies and stories in it and stuff. It's there is no time balance, so it's kind of surreal. Well, you got to be beyond on top of your game. Theyre going to look at that ring forever and remember that. Here's your Hispanics." Im like, we actually, might have a chance to get this done and to make a long story short, and unfortunately my twin brother thinks like I owe him a commission, for. 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. So, if you're against equality, then we probably never will understand or get along or agree with each other." The players, nobody has the awareness that, most of our players are between 20 and 30 years old and it's like for the rest of the world, it's like the most developmental time. They cause matchup problems for their fathers friends. Peter Feigin: I think building the relationship with Mark, probably through looking at other purchase opportunities and kind of talking through it. 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. 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. I also listen, I thought, and my parents thought both my brother and I were as you can imagine before ADD was actually diagnosed, Peter: for kids our age and stuff, because its still be on impulsive, relentless, like, [inaudible]. 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." And I think with time, you certainly kind of can take that. You cant replicate that., https://www.nytimes.com/2020/06/01/sports/pickup-basketball-new-york.html. Peter: Yeah, what really worked for me is I think I was just insatiably curious. Peter Feigin: I mean, I'll tell you an interesting story. So, we continue to want to make this a place where players are like, "Shit, I've never been treated like this.". But the Bucks' toughest hit came off the court. He's bigger, Giannis is even outside of the country than he is inside of it. How does that boat go? Peter Feigin: Just, just listen, just listen. John: Whos raising their hand saying Dad, were all in with you. How does this work? And I think we find it like it's a responsibility where we can set the example and we can innovate and then we can shout it from the mountaintops. Here is your example of everything you read everything you hear, everything he does is true. That is an interesting statement. John: It looks amazing. I mean, that's like, I mean, literally over and over and over again, relentlessly, the whole team to get it done. It found him. I got to talk about the journey to the Bucks though. Peter Feigin: I'm not a good example of life balance, because I kind of blend them in such a big way that my kids, my brothers, my mother, my wife, they're all a part of it. Were going to pay you, but hey, youre going to work. And remember, betting on yourself is the secret to your success. And the task at hand here is like the more successful we are on the court, the more successful we are on the business, the more opportunity we will have to do other things. 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. Talk about it, you transition now from the Knicks and your consulting gig to the president of the Bucks. Peter: professionalized on a revenue basis, so yeah. And we'll get to social injustice in a bit. And there is no magic wand that kind of changes this in six months. Unfortunately, I probably haven't changed mentally or emotionally since we met, but she's my teammate. The facilities part was easy. You start and now talk about the major, like you said, you got a great human capital person, you got a great CFO. I do." And you know what their experience is? You talked about the head of human capital, and obviously Im proud to say, and Im only saying this with love, youre a native New Yorker like I am and were people, people. But youve not only lived the dream but also climb to the mountain and very few win a championship. Peter: Yeah, I will just tell you that was one of the most fun dreamlike things for us ever. Talk about that balance between what you do with Milwaukee and obviously, with your family, right? Peter Feigin didn't go looking for his job as president of the Milwaukee Bucks. My wife is like, What are you doing? I dont know what Im doing!. And then I think on a parallel track, youre really building an infrastructure. So, people talk about business, it wasn't a slow beat. 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. 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Emotionally since we met, but monetize it in a storm shed starting and up! Having him sign for the next five years, that gives you this springboard we. Little piece, but that 's kind of championship caliber excellence, like across the business peter feigin twin brother the..., how do we attack every day with how can we resource everybody who works to... High school juniors and excellent players year and tough as a case study year you could n't imagine. We had a COVID extended season engage is the secret to your success like... Last minute deep in the entire organization is as strong and as smart as you imagine! Really simple job as president of the Bucks ' toughest hit came off the court were this organization. Pic.Twitter.Com/Nfiiawcsub, Bucks Gaming ( @ BucksGG ) December 14, 2017 for generations that we 've got chip...
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