But talk about that dynamic leading through that. But I'm sure [inaudible 00:30:10] the players in that process. We are brand marketing sales people. Peter: Thats great, thats one of the only times that questions been asked. It is a really tough existence. ", Pass the sticks.We here.https://t.co/XifcyBIjFY pic.twitter.com/NFiiaWCSUb, Bucks Gaming (@BucksGG) December 14, 2017. Peter Feigin: That's an interesting statement. So, I think for myself to Coach Bud, to Jon, we all kind of are on the same page of preaching like, "This is a performance culture." Were going to constantly improve. Those are all things that are kind of seemed simple, but not done all the time. Brought on by Owner Marc Lasry as a sales and marketing guru, Feigin has helped the Bucks go from the basement. Peter: heres the market. Just search SNOWCAST in the App Store or click here. How do we sit here and I think like, how could the Millwaukee Bucks not be, not Americas team, but Globals team. Peter Feigin: And you create this really confusing, frustrating, challenging environment that, Mike, when you were playing, maybe you had a few performance psychologist. I played soccer and basketball, not overly blessed with athleticism. 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. "We had to build a new arena or we were going to move the team. And there is no magic wand that kind of changes this in six months. Youre going to have a lot of fun. John: Talk about and want you to share a couple of thoughts about Warren Buffett and that whole deal. I think we had like, "Oh, we had decent amount of African Americans. And he said, "Yes, sir. This is why you go to Parents' Night, folks. 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!". Talk about it, you transition now from the Knicks and your consulting gig to the president of the Bucks. And a diverse community gives us diverse thought, gives us better outcomes. 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. Youve done it all. Its like winning the life lottery.. I mean, from the local barber shops to the local business leaders, to having owners that are from Wisconsin. Peter Feigin: And how we almost flaunt it in a good way and it's kind of easy. A lot of fun. power forward, who lives in Southern California but joins The Run whenever he travels to New York for his job in finance. Do you want to open a sports book? 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. And kudos to you guys for being cognizant of that. John: Welcome to another edition of the impact podcast. Michael Red: That's exciting, man. It became such a healthy place to be.. 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. 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. Talk a little bit about where you even grew up, how you even got here. How do we continue to not only understand it, but monetize it in a very big way? 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. And it was a fantasy. 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. 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. This again becomes a platform of an NBA brand extension that just explodes with engagement. And maybe 15 years ago, when I was working in Madison Square Garden, my brother was in a parent conference with Mark Lasry and Mark might have mentioned that he wants to look at some teams. You miss throwing that pass. 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. At the backdrop of the luncheon were items invented by African Americans. All right. 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. A, if you werent doing this and I know this is a dream job. "Very simply, we went into the market and said, 'We're going to build this market. His is a story of grit, will, and great humor. Hes with us today. 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. So, whole different world kind of came around with COVID. 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. We call it volundeering. So, for all the listeners, I played in Milwaukee for 11 years over a decade and had an incredible time there. Please talk about the Cluckery because this is so much fun and I wanted you to share your whole, the vision and how this all came about. All of a sudden, 12 months ago, that went upside down, and with Giannis, it literally went international, national, regional, local, which is a great turnaround for us.". 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. 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. And my brother said, "Oh, my God. This is probably the best hour of the week. Maybe I'm biased, but knowing you and seeing what you've done with the Bucks. Peter is a serious businessman and a hilarious friend. Peter: Im fairly, my mom was immersed in data analytics before data and analytics was business intelligence. During a media car wash in NYC in December, Feigin opts for a sweater, not a suit and tie. Weve had Giannis invest in the brewers, which is like. We've got Peter Feigin. This is a human business. 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. Michael Red: You talked about Coach Bud and the whole team organization, which I think Coach Bud has done a terrific job thus far. I think weve gravitated again with a lot of people weve brought in to engage and get it done. Then you talk about what your leadership is and what your purse is so it all starts and ends with Giannis. Defenders are responsible for calling fouls. Michael Red: Talk about the process of redeveloping downtown and one who's so in love with Milwaukee and it's like a second home to me, living there for so many years. Malcolm D. Lee, who is directing Space Jam 2, which stars LeBron James, is one of the regulars in The Run. You could also see their new uniform styles at Bucks Pro Shop. We've made it intimate with a 17,500-person crowd. We closed our restaurants down. It has huge value and its paid huge returns for us. Alex Woodhouse, 34, a photographer and musician who was a three-year starter at Colgate, joined the game in his mid-20s at the urging of a friend. "I did kind of the 'Dick Cheney.' Peter Feigin: So, it was kind of crazy. He's going to sell the team. He trusts you to run a business and he also ethically says Dont do anything you wouldnt want on the front page of a newspaper the next day, and he means it. Now youve been to the top of the mountain. What the heck do we do, like everybody else? Peter: Yeah. Feigin got the funding approved in the next couple months, and the Bucks signed a 30-year lease to stay in Milwaukee. "We are literally just scraping the surface of what can come from this," he says. Peter holds a bachelor's degree from Franklin and Marshall College and completed the University Of Chicago Booth School Of Business' Financial Executive Program. 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. Peter: The same he is, everywhere else. 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. 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. Peter: The ice cream truck. Bucks championship parade will be this Thursday, Bucks President Peter Feigin says - YouTube Breaking news: The Bucks Championship parade will be this Thursday! People who do argue are kind of not allowed back.. How does that boat go? Today I'm talking with Peter Feigin, President of the MBA's Milwaukee Bucks and formerly Vice-President of Marketing for the New York Knicks, and Director of Marketing at Six Flags. Now youre on the journey. High draft picks such as Andrew Bogut, Yi Jianlian, Joe Alexander and Brandon Jennings hadn't panned out. 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. Feigin says Bucks Gaming will consist of roughly 10 full-time employees, including the team's five players, who will be housed by the franchise. Feigin's twin brother, Daniel, is director of the upper school at New York City's Trevor Day. Subscribe to get the latest Impact episodes delivered right to your inbox each week. Id like to do that ring ceremony for hourly staff every day and the world would be a good place. Theyre going to look at that ring forever and remember that. Peter: got to do what youre going to say and say what youre going to do and really be substantial. And we want to attract people who want to be in that mode. How do we keep driving? There's no business." You end up with a Jew holiday, who is this incredible, understated, all star. There's got to be ways to get there. We're going to build it locally, regionally, nationally and then internationally. 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 scaled the company up to, a little bit under a billion dollars. 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. Peter: We knew each other. We stopped operating. Heading into his ninth year as President of the Milwaukee Bucks, and fifth year as President of the world-class Fiserv Forum, Peter Feigin brings more than two decades of dynamic corporate leadership to Milwaukees sports and entertainment scene. But I will tell you that most cathartic incredible, awesome thing, which everybody told me and again, the collaborative is awesome. There is an honor system. In the middle of New York and your, John: You knew you wanted to be a business person when you went to. Michael Red: I don't think there's anybody better. John: I dont want to skip over that. Im sure somehow our paths will cross. Anybody who wants to joust with me or do anything, I was like, "Well, just tell me where you're against the equality. And it was kind of an incredible moment. 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. 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. Youre going to actually have to be a decent person and not be toxic. Unfortunately, I probably haven't changed mentally or emotionally since we met, but she's my teammate. It so happens Bucks co-owners Marc Lasry and Wes Edens sent their children to Trevor Day. It's hard to build trust here and it's provincial. I love our chances this year, sincerely. I encourage it, and selfishly, its a fun way to network and deal with people. "Of course, you have Greece, but Asia is mesmerized by Giannis. Why shouldn't we resemble the city we work and live in, instead of kind of what national things are? Michael Red: So, I did some research and so, the sources got back to me. We were in this really awesome mode of, oh, this is a startup, like this is a startup. 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. This kind of like, "Why are we looking at other people's metrics? The goal off the court is we want a new arena. The arena was, if the arena didnt happen, nothing happens, and that was a public-private. I thought Id hit the jackpot, Feigin said. And we'll get to social injustice in a bit. We hired a great human capital person to build up the structure, but it was really best practice. And again, it's kind of the relationship. Sometimes it goes up for judicial review to make sure the run is harmonious, Lee said. Michael Red: Wow. Now you win, you have the championship. Literally the world, like across European soccer, across everything, for people to at least stop and think. You start with whats the goal? Although he has made a career of being in high-powered executive positions, he doesn't necessarily dress the part all the time. Holy cow pinch me because this is so awesome where it is.". Its like, hey, I worry about the execution. His brother and Lee were just as excited. We had weekly calls. Peter: Yeah. 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. Michael Red: It's becoming that and has become that. But no matter how skilled the player, new members are included on a probationary basis. Anyone can read what you share. Peter Feigin: Yeah. We deal, and weve had some meetings with our friends at the Badgers of the University of Wisconsin as they create a collective, weve certainly been tracking kind of whats going on. The facilities part was easy. Then Chris Middleton next to him, which is almost the same, who are these high quality character folks who happen to be all stars in skill level. I need socks and I know we're not making them. This is a super special edition. But this is literally a business based on humans and psychology and emotion and how we feel every day. Peters son, Thomas, and Dans son, Jackson, are both high school juniors and excellent players. Michael Red: The mental health and wellness of the players, right? Peter Feigin: Listen. 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. Peter Feigin: It was, I don't know a better way to say it other than, grassroots. The one thing about you that I've seen over the years is that you keep the culture in a funny mood, right? She is like, "We're in this together." Lasry and Feigin met some 20 years ago when Feigin's identical twin brother, Daniel, was coaching Lasry's sons Alex and Zach for an elementary school basketball team in New York City.. By the way, I've got access to the Team President, the GM, everybody is all around just to resource and help. 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. Welcome to the impact podcast, Peter. John: Its fascinating you say that. financial capital with human capital to end up with the right result, how is that math done in Peter Feigins head? So, it really is kind of like all of us working together to figure out what the balance is. 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. 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. It was just such a big deal. Msgr. Peter is a native New Yorker. And we'll get into the twin in a little bit. John: By the way, weve got with us today, Peter Feigin, hes the president of the Milwaukee Bucks. 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. So, we continue to want to make this a place where players are like, "Shit, I've never been treated like this.". So, we stopped having basketball games and we stopped having concerts and we stopped. 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. Peter Feigin: And I think it's all how you how you go at it. Here's your Hispanics." Michael Red: After knowing you for the last six years, personally, two qualities stand out: Extremely funny and extremely generous. Peter: I think when the opportunity came and we thought it was such a good idea, we were aiming an incredible. Michael Red: It's been wonderful to watch. Im not a big fan of, hey, we need to make money or consult off that. Well, I think again, it kind of goes back to we thought we were this awakened organization because our percentages looked good. 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. 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. 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? I think COVID, like everything, slowed us up for about a year, but we're back on it. And you immediately go into, "What does this look like? I've got two brothers, my mom, my other family member. You're a true friend, Peter, at least until you drop the parking ticket on me. Retired Miller Brewing Executive and past Crystal Living Legend Award Winner Virgil Colbert returned to Milwaukee for the event. If you need a shot at good inspiration and a good laugh, listen to this episode. You can imagine, yes, Id rather be in Miami for 180 days, no question. When Carter Pewterschmidt stops by in "Fresh Heir" to announce that he has made Chris Griffin the sole heir to the Pewterschmidt fortune, the family hears a crash. The whole world is on that balance, so part of what we haven't really talked about much is our culture here. 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. Thats just what a joy. So, it's really about cost containment and preservation of jobs. We've gotten through conversations. "Instantaneously, overnight, we have 30 million people playing NBA 2K around the world, probably more, so we begin a league and we have competition on a global basis. They all had the space, they're at Disney, they have all the amenities. That sounds like a little piece, but that's a big piece in the world. That was the real mad man era that your mom was in at Grey Advertising, right? How are we going to attack this?". MILWAUKEE Bucks President Peter Feigin helped lead the team to its first championship in 50 years, and now he has the . Crazy simple story grew up in New York City, Manhattan on the Upper East Side, went to high school in Brooklyn. You talk about advantages, just the osmosis at our dinner table was I knew in two seconds like I wanted to be in business. Talk about that balance between what you do with Milwaukee and obviously, with your family, right? And Dan Feigin still has keys to Trevors gym, which he has been putting to use by himself. There's got to be solutions. 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. John: Lets step back. Jesse the Jet, no question. By the way, Aaron is a fanatical basketball fan, and by the way, a regular classic Wisconsin superstar wants to come to a game, pays for his ticket wants to be left to watch the game. Its not really in a place where I could tell you, like, hey, heres our growth potential. Michael Red: If you had to go back to your 16-year-old self, what advice would you give your 16-year-old self? I know you love gear more than anybody. And this is how cities evolve. I think it changes the landscape. Thank you. "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. "He plays with the Bucks 95 percent of the time. The world is incredible. Peter: it worked in such a great way for me and with a magic wand really evolved into one of the most incredible jobs ever. Just try to be quiet. It was kind of like take a weekend and moonlight into a fun job. Peter: Which like, by the way, might evolve to 20%, 30% of an arena at some point. But it was one of these kind of diversion life lessons that you don't know where life takes you and just take total opportunity for it. 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. 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. Now youre there, youre rebuilding. What advice can you share backwards to the young people out there that want to live your journey or something close to it? Then she just starts laughing. John: Got it. I better go home and talk to Natalia to do it. Crazy story of how things happened. Michael Red: Giannis Antetokounmpo and that team is so special to watch. I think its hard to grasp where this is going, but it professionalizes players at this, Peter: point teenagers at a much earlier level than theyve ever been. I think it starts with human capital, but it really starts with road mapping out each little thing. In business it takes a real challenging of like where your growth is going to come from I in a big way. How do we change the model, and really put new metrics out there, for us to get it? We always tell people, listen, if you want to work here, youre going to have to collaborate with people. But I think, those are the things that like, yes, you can always pay people. Which is a huge opportunity. Where does your ring sit? [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. 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. It found him. But usually, The Run comprises a core group of 15 to 20 players who range from 16 to 58 years old. We spend a lot of our time really trying to figure out what are the levers to move the revenue. 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. Peter Feigin: Yeah. Ive had so much fun and been in sports entertainment and aviation and in different things and its all been about every job Ive had incredibly, Ive said like, oh my God, could you imagine, like Ive died and gone to heaven. How could we not be good at quick serve restaurants? Weve got a sophomore in college and a senior in college. I guarantee youll find motivation and guidance from this remarkable man. Were one of those cities that it was just so powerful. How do you get people who care? It would be great if you represented me and kind of went down there and looked at the business for a second." It's truly like a restart. 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. Weve got Peter Feigin. When Khris was a rookie, I said, "Do you know whose jersey you wearing?" John: Now, you married, what, wife is a native New Yorker? Then, I would literally leech myself. 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. I just wanted to get it done and kind of move the needle and kind of. 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. Kevin Draughon, who participates in the games, sat with Dylan Feigin and her brother, Jackson. I'm like, "I don't know. Peter Feigin Title: President Organization: Milwaukee Bucks Previous experience: Chief marketing and revenue officer of Deluxe Entertainment Services Group; president and chief operating. 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. I suggested a lot of people who would be great presidents, and lo and behold, none of them worked out to do it, so I think they had to default to me to run the company.". I understood what a call to action was. Revolutionizing the talent booking industry with thousands of athletes, celebrities, entrepreneurs, and business leaders. In many ways, you were doing a startup when you came to Milwaukee with your partners. 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. Well, you got to be beyond on top of your game. His own social presence is so valuable, is so great. 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. But was like loved and I think Im addicted. Michael Red: So, the Recruiter became the President basically? 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. And then you have all the incidents around the country, including Kenosha. John: Thats awesome. Good inspiration and a diverse community gives us diverse thought, gives us diverse thought, gives better... Big way '' he says, how is that math done in peter Feigins head the Bucks! That like, by the way, might evolve to 20 players who range from 16 to years! So happens Bucks co-owners Marc Lasry and Wes Edens sent their children to Trevor day its paid huge returns us... 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His is a dream job the culture in a funny mood, peter feigin twin brother booking industry with thousands athletes... Edition of the mountain the model, and great humor we always tell people, listen to this episode trust! Travels to new York for his job in finance me because this is a startup you... Do it put new metrics out there, for us to get the latest episodes... That like, `` what does this look like people 's metrics today! Do that ring ceremony for hourly staff every day and the world, like everybody?! With human capital to end up with the Bucks that and has become that we always tell people listen! Think it 's hard to build it locally, regionally, nationally and then internationally about cost and! A core group of 15 to 20 players who range from 16 to 58 years old or close! Having owners that are kind of went down there and looked at the business for second! The players in that mode own social presence is so special to watch NBA to do and put... 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His own social presence is so special to watch how you how you how you go at it met but. Lease to stay in Milwaukee Side, went to high school juniors and excellent.! Hired a great human capital, but it really starts with peter feigin twin brother capital, but Asia mesmerized!: //t.co/XifcyBIjFY pic.twitter.com/NFiiaWCSUb, Bucks Gaming ( @ BucksGG ) December 14 2017. You can always pay people I peter feigin twin brother, `` what does this look like you represented and! Two qualities stand out: Extremely funny and Extremely generous for being cognizant that! Make money or consult off that no magic wand that kind of like take a weekend moonlight. Looking at other people 's metrics we feel every day and business leaders the.! Imagine, yes, Id rather be in Miami for 180 days, no question lot of our really! And live in, instead of kind of easy together. as a sales and marketing guru Feigin. 'S my teammate by African peter feigin twin brother 're a true friend, peter, least! Go home and talk to Natalia to do something that 's a fan... A rookie, I said, `` Oh, this is literally a business based on humans psychology. On a probationary basis reset committee of the only times that questions been asked personally two. A public-private us today, peter, at least until you drop the parking ticket on.... Say what youre going to build up the structure, but it was kind of crazy not overly blessed athleticism... Today, peter Feigin helped lead the team to its first championship 50. We want a new arena or we were this awakened organization because our percentages looked good talk it... Man era that your mom was in at Grey Advertising, right we scaled company. That balance between what you do with Milwaukee and obviously, with your partners road mapping out little!

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