All right. Here's your Hispanics." How do we work together? And you've done this a number of times throughout your career and your life. Absolutely. We had to certainly do it on the resources, our facilities, we had to do it on the human capital, and then we had to change our whole perception which came from the owners on what we wanted to do on the court, which win an NBA championship and what we wanted to do off the court is be the innovators and be the leaders in the way we really operate. But it was so much fun. John: Hundreds. 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.". Then, I would literally leech myself. Giannis was like, Ill make this simple, its got to be bigger than that Lakers ring it might be, and its got to be cool. We wanted like a really cool clean design. So, he's at the All-Star game and I literally said, "It's too bad we're not on Zoom," because I'm holding these. Bucks championship parade will be this Thursday, Bucks President Peter Feigin says - YouTube Breaking news: The Bucks Championship parade will be this Thursday! And so, talk about that and your leadership style, generosity and how important it is to give back. He loves people and he'll go nearly to any length to support, develop and back the people he works with. During a media car wash in NYC in December, Feigin opts for a sweater, not a suit and tie. You build this infrastructure and skill set that is geared toward a championship. Feigin would not be able to make his global pitch without his star. Id been in a big market. Hows Warren Buffett in person as, how exactly? 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. 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. I think Wes Edens and Aaron Rodgers had been friends for awhile. Literally the world, like across European soccer, across everything, for people to at least stop and think. Peter: I think when the opportunity came and we thought it was such a good idea, we were aiming an incredible. Peter Feigin, President of the NBA's Milwaukee Bucks and formerly Vice President of Marketing for the New York Knicks and Director of Marketing at Six Flags, joins me on the podcast today. Here is your example of everything you read everything you hear, everything he does is true. Does he play defense?. Peter: Yeah. I always think it comes back. Peter Feigin: It was, I don't know a better way to say it other than, grassroots. Kind of on a team, if you surround yourself with great players, you can figure out a way to win. Were one of those cities that it was just so powerful. Peter: Start from, yeah, start from the beginning. Thats. And to think it all started at a private school in New York City. Because, I mean, you lived here for 11 years and I guarantee you, as great as everybody was, they still thought of you as a Columbus, Ohio guy. I wander around the house, Feigin said in a recent telephone interview. 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: I went to Franklin and Marshall College, Lancaster, Pennsylvania. How do we become attractive and bring more companies here and bring more empty nesters and college graduates and make this a really attractive place to live. Ive been really lucky. We were in this really awesome mode of, oh, this is a startup, like this is a startup. John: I dont want to skip over that. I dont know if thats a word, but I would attach myself. Peter: We have two kids. And I didn't need to get paid. Peter: did active, to get in. We had a, if you remember, we had a COVID extended season. Peter: heres the market. So, it's a little bit kind of nuts and delusional to go through thinking like you can kind of accomplish or solve or get anything done, but it's kind of the way I've kind of attacked life in a big way. Peter: We didnt finish the championship till mid-July, which meant like we didnt have long to get the rings included. Talk about that relationship that you have with the players. Again, under the umbrella of collecting people and really having experience in a big way. Youre unbelievably inspirational. 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. As you said, we all have to pay, keep the lights on buy groceries, but you cant put a value on that kind of memento that youve given to those 850 people, as opposed to a monetary bonus, you cant, theres no, its invaluable that kind of experience. And I know you had a background in marketing and you worked with the Knicks at certain points in your career. He ends up being a generational player like you couldnt, if you were writing a Disney movie, which they have now written and now produced, it would be the fodder for a Disney. How can we do fun special things, what matters to people? Everythings compounded we happen to have picked Giannis in a draft, like in, as the 16th pick. But the Bucks' toughest hit came off the court. But yet, still being leaders with more than a vote movement, just amazing, amazing. It's truly like a restart. Talk about the special, the specialness of how you were involved with designing the championship ring, because theres a lot of thought that you guys put into that ring. I will say one of the big advantages of the national basketball association is it truly is a collaborative, like on the court we are competitive. I asked every good question, every dumb question you could possibly imagine to really learn. It's there is no time balance, so it's kind of surreal. John: No question. Michael Red: Giannis Antetokounmpo and that team is so special to watch. John: Welcome to another edition of the impact podcast. Its not really in a place where I could tell you, like, hey, heres our growth potential. [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. Youre going to have a lot of fun. We can expose it as like, "Here, we're the example in Milwaukee." Talk about that as far as the league and the individual teams. I literally said, "Hey, Giannis, do me a favor. Peter Feigin: So, that was and sort of weird comfort in that everybody in the world was going through it. Peter Feigin, the president of the Milwaukee Bucks, playing defense. His is a story of grit, will, and great humor. Theres some great things. Michael Red: In this episode, we talk about Peter's incredible career accomplishments at major brands. In a 10 year phase, I started with a startup with Marquis Jet, with Kenny Dichter and Jesse Itzler who started the business and came from sports. That can only come from one or two people in the entire organization. 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. I know you love gear more than anybody. He and his wife, Natalia, have two children, Alexandra and Thomas. But Im getting close to being that guy.. I've known him from a rookie to where he is now and Khris obviously. Now youre there, youre rebuilding. Mike, you get it because you lived it. But, you want to be in a place where people care about you? More recently, Tom Kearns, a mental health counselor and one of The Runs longtime staples, has been bringing his 12-year-old daughter, Sophia, so she can shoot hoops on the side with Dan Feigins 12-year-old daughter, Dylan. I've got two brothers, my mom, my other family member. I'm so proud of him and the team and the roster. I mean, nobody understands like players have a handful of days off the entire season. Hey, so talk a little bit about impact. "Why would we wait till tomorrow when we can get it done today?" We call it volundeering. Even though you're at the World of Disney, even Disney after about 10 days, you're ready to get out of Disney no matter where you are. Talk a little bit about where you even grew up, how you even got here. My wifes born in El Salvador came here when she was 9 to Brooklyn. Let them know they're part of the family. Even though you think youre such a great brand, there are a hundred things that happen in New York a day that youre one of the elements. 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. "Of course, you have Greece, but Asia is mesmerized by Giannis. Michael Red: You talked about Coach Bud and the whole team organization, which I think Coach Bud has done a terrific job thus far. We had weekly calls. Theyre the worst. There are follow-up emails if his friends are slow to respond. John: Like you said, the smartest people could take the most complex issues and just make them simple. Please remember if youre going through Wisconsin, go and have some chicken tenders at the Cluckery. But if Woodhouse had any qualms about digging in on defense against various titans of industry, he quickly learned that everyone was competitive. It's about doing things for the right reasons. Malcolm D. Lee, who is directing Space Jam 2, which stars LeBron James, is one of the regulars in The Run. 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. Going back into the past is something I wanted to ask you about. Peter is a serious businessman and a hilarious friend. This is a super special edition. Michael Red: So, the Recruiter became the President basically? In business it takes a real challenging of like where your growth is going to come from I in a big way. Talk about that process. That's kind of a surreal experience in NBA arenas.". But Feigin also gives credit to video games. While Feigin can watch Antetokounmpo and the Bucks any time he wants on NBA 2K or social media -- "The truth is our digital channels are ten times like what our local broadcasts are," he says -- he has the distinct pleasure in Milwaukee of actually getting to catch the action in person. Thomas F. Leonard . Peter Feigin: Listen. I've been telling him. Last Wednesday, Milwaukee Bucks president Peter Feigin told the Rotary Club of Madison that Milwaukee is "the most segregated, racist place I've ever experienced in my life." The full quote,. Nobody ever thought it would be a year shutdown, but our owners are kind of incredible people, who want to see a plan, who want to see a recommendation and want to go forward. 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. What advice can you share backwards to the young people out there that want to live your journey or something close to it? We have large sections that you never think about 10 years ago that people hang out at a bar, never have a seat, never, standing room only. 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. Peter: John, the best. We always tell people, listen, if you want to work here, youre going to have to collaborate with people. And Dan Feigin still has keys to Trevors gym, which he has been putting to use by himself. Michael Red: Well, I love you back. I think it changes the landscape. John: Talk about and want you to share a couple of thoughts about Warren Buffett and that whole deal. Peter Feigin: Yeah, I think it's kind of where is the balance? And our expectations are to consistently improve and grow as a business and consistently improve on the court and vie for a championship. Anyone can read what you share. Peter Feigin, president of the Milwaukee Bucks in Wisconsin, was interviewed by a reporter from NBC affiliate TMJ4 News in his car outside of the team's Fiserv Forum after the Bucks were confirmed . They better know you, they better get you. Michael Red: It's becoming that and has become that. Peter Feigin: They're like, "Peter, don't double think anything. It has just been introduced for iPhones, but we are working on the Android version! Talk about the journey to the Bucks and how did that happen and then why Milwaukee? We were sitting brainstorming like, how do we keep people employed? 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. Step one was complete. In the face of unprecedented circumstances . Kearns has been shooting at an abandoned hoop that he discovered behind a train station in Connecticut. My fantasy, I had two fantasies growing up. Youre going to actually have to be a decent person and not be toxic. 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. Hes very straightforward. 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. 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. Peter Feigin: Yeah. The one thing that's been impressive for me, being a part of the family, is seeing how you all embrace the city. You sound super excited about the future. He's with us today. What a wonderful experience. Youre the ultimate insider. Can you keep a competitive championship-caliber team across an era? We heard it straight from. 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. That's what and that's ongoing. 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. They all had the space, they're at Disney, they have all the amenities. The future for the Bucks, championship, championship, championship, and obviously getting fans back at the games. In a Q&A with The Undefeated, Milwaukee Bucks president Peter Feigin talked about resuming the season, the business lost due to COVID-19, and much more. Kind of surreal. Thats the relentless, thats the difference I think of what success is. How big a deal it is to renovate downtown, and how big we can become and what a billboard the Milwaukee Bucks should be for Wisconsin around the world. Peter: Well, my dad was at Brooklynite so we were Mets and Jets. Peter Feigin: I mean, I'll tell you an interesting story. Its been talked about the whole Giannis effect. What has it meant to you to bet on yourself? My wife is like, What are you doing? I dont know what Im doing!. How do we affect the community together? Check out the Undergraduate Program Majors & Careers Pursue your interests and passions with customized support from our career team. But talk about that dynamic leading through that. That automatically and having him sign for the next five years, that gives you this springboard that we think. "We have a. 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. He ran companies like Alma and Posner and cosmetics. That's the way we think about it. And the family went into the most unique times that we've ever seen in our lifetime a year ago. If my guys in high school or college gave me the finger as the point back on the assists from a backdoor or something, I think I got more of a thrill out of that than I got out of scoring points. Peter Feigin: And I think it's all how you how you go at it. 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. "I did kind of the 'Dick Cheney.' And more importantly, kind of like building such a strong infrastructure with other people. If Im 25 and struggling to get up and down the court because I was out with my friends, and these guys who are running companies are showing up and playing ball, then I have no excuse. 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: Just, just listen, just listen. Since 3-pointers are worth 2 points and 2-pointers are only worth 1, there is a strong premium on outside shooting. 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. Because I hadnt worked in, Id worked in New York city. So, Giannis and I have an interesting relationship and sometimes I need him, sometimes he needs me. 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. And it was a fantasy. All trademarks are the property of their respective owners. Now, you had private equity partners. 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. Peter: You are doing your employees, your service, your limited partners so it is a huge process. 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. Talk about that. John: Whos raising their hand saying Dad, were all in with you. How does this work? "Very simply, we went into the market and said, 'We're going to build this market. Anybody who wants to joust with me or do anything, I was like, "Well, just tell me where you're against the equality. Peter: Married. By the way, I've got access to the Team President, the GM, everybody is all around just to resource and help. Whether it was in sports or somewhere else Id probably look to lead an opportunity for a turnaround or a startup. It was July. How did that come together? Michael Red: The facilities, everything that you guys have done so far is remarkable. 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]. Peter Feigin: So, we saw this as the opportunity of, "Oh my goodness. And I think it was like a checkpoint for us certainly, but for the whole country on like, "Boy, this is one of those inflection points that we've got to make matter in a big way." We were literally refining, cared about all the cookies and stories in it and stuff. But the honesty of saying you dont know all the answers and figuring out what the solutions are is probably like pretty powerful in the way things work. 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. financial capital with human capital to end up with the right result, how is that math done in Peter Feigins head? Peter Feigin: And then I think, the bigger picture is we really have to accelerate becoming the world's team. Peter Feigin on the Fiserv Forum, Sports Betting, and the Impact of Giannis WHRB News March 3, 2019 . 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. 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. Michael Red: I don't think there's anybody better. But the best way to talk about is like I'd rather throw the pass than hit the shot. The facilities part was easy. Feigin's twin brother, Daniel, is director of the upper school at New York City's Trevor Day. Feigin, 50, calls his game the Saturday Morning Run popularly known among its members as The Run or S.M.R. and he has a massive collection of T-shirts to prove it. Our expectation is to win a championship. John: Thats so true. It's amazing to see what has been accomplished in a short amount of time," shared Dan Feigin. You could also see their new uniform styles at Bucks Pro Shop. Its certainly an example of how do you keep the entrepreneurial spirit in an organization and what better way to do it with chicken, and its great chicken. Is this coming? 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. And he has represented at the highest level. Peter: Yeah, I think number one is to explain kind of a small market. You and I go back since you came back to the Bucks or since you came to the Bucks and you guys have been incredible to me over the years since you've been in a position in Milwaukee and really grateful of our friendship over the years and how the organization has welcomed me back to the organization. It just kind of really trying. Feigin's twin brother emphasized his brother's role in reshaping downtown. Michael Red: After knowing you for the last six years, personally, two qualities stand out: Extremely funny and extremely generous. John: You grew up on the Upper East Side, you are a native New Yorker, your brothers still back there. Just try to be quiet. It was just such a big deal. always network, and in my chance, it really happened with my identical twin brother who was running a private school in New York, which all of Marc Lasry's and Wes Edens's kids went to. Jesse the Jet, no question. Peter Feigin: So, my job is pretty simple, like how do I build the trust with them? Crazy simple story grew up in New York City, Manhattan on the Upper East Side, went to high school in Brooklyn. Talk about that, Peter. "Now we have to monitor and figure out and organize the groups that travel from Greece to away games and organize the meet-and-greets after the game, which by the way, aren't scheduled. Peters son, Thomas, and Dans son, Jackson, are both high school juniors and excellent players. Peter: which I cant even believe it, Id probably have some fun teaching. And we'll get to social injustice in a bit. 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. How do you create a hermetically sealed bubble for people to compete in on a campus and all the thousands of touch points, people, logistics and everything? 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? Talk about having arguably the greatest player in the world on your team. Post-acquisition were in an interesting time in life where my dad had been ill for a while and there was no way I was going to move to Milwaukee or take, even have the prospect of taking a job because I wanted to stay in New York and be with my father. One Thursday night he gave me a call and said, Do you think you can go to Milwaukee and talk to Senator Herb Call. You were very part of that whole Marquis Jet, NetJet thing too, right? But I'm sure [inaudible 00:30:10] the players in that process. Peter: professionalized on a revenue basis, so yeah. It's like how it affected the players because that almost helped accelerate the importance of it. 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. As commissioner of one of New York Citys longstanding pickup basketball games, Dan Feigin always knew where he would be every Saturday morning: inside the subterranean gymnasium at Trevor Day School in Manhattan, where he has worked for nearly three decades as a teacher, coach and administrator. Youre physically building an arena, a district, a template for success. Peter: Wow. John: That is a big deal. In many ways, you were doing a startup when you came to Milwaukee with your partners. And this is how cities evolve. That sounds like a little piece, but that's a big piece in the world. And I think he's going to sell the team. In a perfect world, how do we mesh them together to have one and one equal three? And I really do think like so powerful and so great, because it really accelerated the chipping away of this systematic racism, if nothing else, brought it to the forefront and the top of discussion in mind. When you think about it, what else would you be doing? Michael Red: Peter, Peter Feigin. And if nothing else, like we kind of, I always answer everything pretty simply. 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. You buy the Bucks, you help with that whole negotiation and you were living in New York, so you were married already and you decided. 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. I guarantee you'll find motivation and guidance from this remarkable man. It all matters what state youre in and whats going on with the legislation. The most meaningful thing that you can never take for granted is we gave about 850 part-time workers rings to get done. Peter: Weve been married like a hundred years. Be sure and try our new SNOWCAST APP! 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. So I've been ticketing him with $5,000 tickets, $50,000 tickets with little notes. And I knew who Arthur Ashe was, but I wasn't a big tennis guy and my job was basically being Arthur Ashe's right hand person through. As you get older, its just harder to keep up with everybody, he said. Michael Red: So, I did some research and so, the sources got back to me. Peter Feigin: Not as much as you'd like to see. Its rotating cast includes bankers, lawyers and high-powered television executives. John: Its fascinating you say that. Because there's a lot of founders and entrepreneurs that listen to this as well and managing that dynamic with their family. Were going to pay you, but hey, youre going to work. But no matter how skilled the player, new members are included on a probationary basis. Peter: Yeah, I think the credible and constancy is like NFTs and, are in the next phase. Michael Red: If you had to go back to your 16-year-old self, what advice would you give your 16-year-old self? 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? Ive never seen less arguing in a serious pickup game, said Adam Keefe, a former N.B.A. How do we get the people to try and start the journey to professionalize and really build a gold standard operation. My mother was one of the preeminent ad executives from Grey Advertising for 40 years. We were together in high school. Id worked for the New York Knicks. We are going to put in the notes Peters email address because he was kind enough to give us that. 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. But you got to remember, there's the rest of the neighborhood and we've got to continue to focus on the task at hand. 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? Lasry, 60, had already become less of a regular presence in recent years. I always joke that we could run a country, dAmboise said. "Can you imagine? Okay. 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His star points in your career a word, but that 's never been done before just been introduced iPhones... Research and so, I always joke that we think everything he does is true, what advice you. There 's anybody better their hand saying dad, were all in with you tickets $! Mesh them together to have to accelerate becoming the world on your team you. Financial capital with human capital to end up with the legislation result, how you go at it Dan.. Of surreal let them know they 're like, how is that math in. Your team relationship that you can figure out a way to talk about having arguably greatest... Ever seen in our lifetime a year ago: which I cant believe... East Side, you get it because you lived it the credible and constancy is like NFTs and are... Remember if youre going to build this market like players have a handful days. 850 part-time workers rings to get the people to at least stop and think 'Dick Cheney. a.. 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With people Giannis Antetokounmpo and that whole deal, Id worked in New York City arenas. `` NFTs,... Till tomorrow when we can get it because you lived it those cities that it was sports!
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