Their track record proves it. God, I love it as a case study. The people part is always tough. 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. Holy cow pinch me because this is so awesome where it is.". Our expectation is to win a championship. But usually, The Run comprises a core group of 15 to 20 players who range from 16 to 58 years old. John: Now, you married, what, wife is a native New Yorker? Just search SNOWCAST in the App Store or click here. And remember, betting on yourself is the secret to your success. Peter: We like to be, delusionally optimistic. 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. Right now, its very hard to figure out and understand where its going, because this is the wild West. Peter: So my ring sits in my underwear drawer in our house which is like, great and its got readily accessibleI mean its huge. I mean, now that I worked for three owners that are kind of in finance and private equity and guys who take real big bets and everything, I don't know if I was so much of a risk taker as I was kind of attention deficit and impulsive. Peter Feigin is riding his Peloton bike. John: You grew up on the Upper East Side, you are a native New Yorker, your brothers still back there. Incredibly these three guys were literally engaged. Malcolm D. Lee, who is directing Space Jam 2, which stars LeBron James, is one of the regulars in The Run. I know you love gear more than anybody. Make this the best operation, the best facilities and the best place to be because we're going to go compete with everybody to win a championship and nobody's going to question how great Milwaukee is." Its a difference maker, especially now in our labor market. If I become that guy, I dont need to play anymore. Thanks for listening. This is COVID, how do we do it? It's hard to build trust here and it's provincial. But Im getting close to being that guy.. So, I might have caught myself parking in that situation a couple of times as well and he's starting to document it, that I was a hypocrite. Feigin's first task was evident right away. Peter: Probably, now with the way interesting curriculum has expanded and fun case studies and like where schools are. 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. You cant imagine. Talk about the importance of having diversity in the front office particularly. John: Your mom was part of the George Lois generation and Jerry Della Femina and then Donny Deutschs father David Deutsch. Hes the president of the Milwaukee Bucks and hes a native New Yorker. Thats just what a joy. The one thing that's been impressive for me, being a part of the family, is seeing how you all embrace the city. I just wanted to get it done and kind of move the needle and kind of. This is the Impact Podcast. Before we get talking about all the amazing things youve done in basketball, and just coming off amazing championship. A lot of fun. Michael Red: I don't know if that's the responsibility of the organization to have that permeate throughout the city, but have you seen a shift in Milwaukee, even when it comes to people coming together from different races and different creeds? 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. 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. Peter: I went to Franklin and Marshall College, Lancaster, Pennsylvania. Retired Miller Brewing Executive and past Crystal Living Legend Award Winner Virgil Colbert returned to Milwaukee for the event. They just happen to be huge group buys of 200-300 people with Greek flags behind the visiting bench. Last year, he was sidelined for several months while he recovered from an eye injury he had sustained in The Run. It all starts with the answer, right? But was like loved and I think Im addicted. Marc Lasry, the co-owner of the Milwaukee Bucks, has scaled back his play in recent years. He is a legitimate superstar who also manages to bring in the European market. 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. John: Thats awesome. Ive got two kids Im working as, Id say a consultant, helping to put together a business plan. Youve got Wes Edens who has probably started up dozens of companies in private equity and has an unbelievable kind of entrepreneurial spirit. Peter: We have two kids. 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. But I think its more the fun, the story. John Shegerian: This edition of the Impact podcast is brought to you by ERI. You didnt study sports. Being able to play ball with your son is kind of like the best of the best, Peter Feigin said. 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? How do we think about marketing around the world? What would you be doing? And even as the N.B.A. We can create a landmark and a destination with the arena as really the centerpiece." I understood what a call to action was. What the heck do we do, like everybody else? He's going to sell the team. He's the president of the Milwaukee Bucks and he's a native New Yorker. 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." "That was my dream of dreams when I was a kid: Oh, my God.. We're not only going to be public, we're going to privately help kind of move the cause and funding. I don't care where you take them from, then we're on a good path." It was July. How do we get the people to try and start the journey to professionalize and really build a gold standard operation. Before we get talking about all the amazing things you've done in basketball, and just coming off amazing championship. Anyone can read what you share. Brought on by Owner Marc Lasry as a sales and marketing guru, Feigin has helped the Bucks go from the basement. 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. Peter: Wow. Peter Feigin: Yeah, I don't know if it's still risk. Make this the best operation, the best facilities and the best place to be, because we're going to go compete with everybody to win a championship. This is why you go to Parents' Night, folks. 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. It looks amazing. I'm so honored, man, to have you on the podcast. And you know what their experience is? Now, he's the chair of the 2017 Greater Milwaukee Heart & Stroke Walk/5K Run, which is Sunday at Veterans Park . We have the DNA and the strength and this caliber of championship caliber team to really be attractive to the world. I asked every good question, every dumb question you could possibly imagine to really learn. Feigin got the funding approved in the next couple months, and the Bucks signed a 30-year lease to stay in Milwaukee. At the backdrop of the luncheon were items invented by African Americans. John: Just for a fun look, for our listeners sake. Lasry, who has been active in Democratic Party politics, has invited various campaign staffers. Again, under the umbrella of collecting people and really having experience in a big way. "We had to build a new arena or we were going to move the team. 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. We were sitting brainstorming like, how do we keep people employed? But while it is nice to connect, Kearns described the calls as artificial sweetener. It is not the same. Were going to appreciate the hell out of you. 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. 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. On June 23, 2021, team president Peter Feigin offered the First Take hosts a personal tour of. ERI has a mission to protect people, the planet and your privacy, and is the largest fully integrated IT and electronics, asset disposition provider and cyber security focused hardware destruction company in the United States and maybe even the world for more information on how ERI can help your business properly dispose of outdated electronic hardware devices, please visit eridirect.com. Literally the world, like across European soccer, across everything, for people to at least stop and think. John: Talking about teaching, we have 15 years of this podcast, so we have thousands of young people around the world that actually tune in and listen and when we have someone like you on, Id like to ask you this. We stopped operating. Enjoy the chicken tenders. And kind of like who are intrinsically becoming Buck stars and having them be our influencers around the world and thinking about global campaign. How do we rethink it? 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. And I know how much you love your brother and your family, your wife, your kids. They cause matchup problems for their fathers friends. Youre going to actually have to be a decent person and not be toxic. 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. When you are visioning this out, like you just said, human capital, a new physical capital, on the court, off the court, what were you using both singularly as you, as Peter Feigin goes, but also with your partners and the private equity guys, what were you using as your role model? Peter: professionalized on a revenue basis, so yeah. Now, you had private equity partners. Over the years, The Run has become an indispensable part of the players weekend routines and a socioeconomic hodgepodge. It's there is no time balance, so it's kind of surreal. 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. That's like, that's today's kind of like, "What are we focused on?". In a perfect world, how do we mesh them together to have one and one equal three? 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. You cant replicate that., https://www.nytimes.com/2020/06/01/sports/pickup-basketball-new-york.html. We have resources, we back them up, whatever you need, it's part of it. All trademarks are the property of their respective owners. I guarantee youll find motivation and guidance from this remarkable man. Because I talked with the Lakers guys, I talked with the Boston guys on what they had, did. I love our chances this year, sincerely. Peter: Weve been married like a hundred years. 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. 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. Peter: My wifes a native New Yorker. 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 you've done this a number of times throughout your career and your life. We got to like we want to use our platform to affect change and change the world. Be sure and try our new SNOWCAST APP! 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. 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. I guarantee you'll find motivation and guidance from this remarkable man. But kind of like would say I kind of got to play through high school college with just grit and will and really like persistence and relentlessness. He and his wife, Natalia, have two children, Alexandra and Thomas. 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 I've got to get Mark and Wes on the cast along with Jon. I'm so proud for his development. Let me just throw this out there. It was just such a big deal. But I'm sure [inaudible 00:30:10] the players in that process. John: Hundreds. I think if you took me at this point in my life and where I am and. 2023 ERI. But he worries about the physical effects of another extended layoff. It's the same way she'll listen through what I'm going through. My mother was one of the preeminent ad executives from Grey Advertising for 40 years. The arena was, if the arena didnt happen, nothing happens, and that was a public-private. A decades-long Manhattan pickup basketball game is on hold because of the pandemic, creating an emotional void for its rotating cast of actors, executives and regular joes. This is a human business. It was kind of like take a weekend and moonlight into a fun job. And everyone was thrilled when Keefe showed up. "We didn't have much time," he says. You are in a community thats not only sports crazy, but very community minded, the Packers, the Badgers, the Bucks are all very community involved. She's terrific and just the whole organization and I'm honored to be a part of the family, man. He perpetuates a culture that attracts like-minded people to him. I watch it. We're talking about localizing all of our social, so in every language you can imagine to absorb it from us, so we can tell the story. Peter Feigin: I think nobody could have imagined what that does to you on a personal psychological emotional level. Team president Peter Feigin and his wife each contributed $2,900, while Feigin's brother Daniel contributed $600. Social media has created an avenue to spread the Bucks' brand beyond Milwaukee and the United States. Defenders are responsible for calling fouls. 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. So, of course, he's just had enough. Peter: Yeah, what really worked for me is I think I was just insatiably curious. They were trying to think of something that would be like. And we're going to be the No. Their experience is basketball. 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. And that is one of the best ways to summarize Peter's spirit. 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. 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. Do we want this guy to keep playing? Peter: You are a genius because you use food as youre incentive and nothing better than ice cream. We're going to build it locally, regionally, nationally and then internationally. His company, Fortress Investment Group, also owns the eSports team FlyQuest. And probably about 15 years ago, Mark Lazari was looking to explore buying teams and they were in a parent conference, and my brother just said to him, Hey, my twin brothers over at Madison Square Garden he runs the marketing there he understands the P&L you probably get a kick out of him coming with you and giving you an opinion on what that was. Make a long story short, we probably spent the next 10 years having the most incredible adventures of going to do due diligence on teams that he was prospecting to buy. That is an interesting statement. So, this had been a surreal year and tough as a leader because it's exhausting. So, you take away every form of a 20- to 30-year-old's life outside of basketball, you take away their family in a big way and by the way, then you isolate them, in basically like a stay at home kind of mode in the middle of a pandemic and really like social justice, kind of uprising while they're locked into a bubble. None could have anticipated how it would grow over the years, or the motley crew of characters who would be drawn to it. Every Wednesday, Dan Feigin, now the director of Trevors Upper School on the Upper East Side, sends a mass email to determine who will be playing that weekend. Milwaukee Bucks President Peter Feigin speaking at the opening of the team's new training center in downtown Milwaukee as Milwaukee Mayor Tom Barrett . financial capital with human capital to end up with the right result, how is that math done in Peter Feigins head? Is this coming? Its kind of like the unwritten rule: Dont argue about anything. Whos got next? Lee said. We don't have a business, not sure when we will have a business. There's always joking, a lot of joking and the team, the organization from what I've heard and know of you is that they really, really, really appreciate your leadership within the organization. The entity at the center of the controversy the Milwaukee Bucks didn't waste time jumping in. But his primary challenge is to build a bridge from that world to the real world that includes a home town that is torn by strife and economic stress and forge a connection with a state that has distanced itself from the . The arena is Feigin's baby, and he's almost ready to show it off, as doors will open next season. Peter Feigin, president of the Milwaukee Bucks. How do we build the plumbing? We were in this really awesome mode of, oh, this is a startup, like this is a startup. Peter Feigin didn't go looking for his job as president of the Milwaukee Bucks. power forward, who lives in Southern California but joins The Run whenever he travels to New York for his job in finance. We were together in high school. Peter Feigin: And then I think, the bigger picture is we really have to accelerate becoming the world's team. And I think he's going to sell the team. You're certainly allowed to have fun, because we have fun. Michael Red: After knowing you for the last six years, personally, two qualities stand out: Extremely funny and extremely generous. Youve done it all. If youre not playing defense, theyre going to call you out, said Woodhouse, who would temper his Friday night activities in anticipation of The Run. To think of something that would be drawn to it while Feigin & x27... Psychological emotional level a 30-year lease to stay in Milwaukee Run has become an indispensable part the. 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