Posts Tagged ‘CEO’

The Arizona Coyotes gave an elaborate presentation, had players on hand to give their support and listened to concerns presented by Sky Harbor Airport officials. More than 100 citizens offered their opinions, then statements from 220 more were read in the Tempe City Council chambers.

After the eight-hour meeting, the Coyotes finally got what they wanted: approval to negotiate with the city of Tempe to build a new arena close to downtown.

Now comes the next phase.

The right to negotiate a deal in place, the Coyotes are in the process of working out the details in what they hope are the final steps toward securing a new permanent home.

“This isn’t just here, this is the term sheet, here’s a number,” Coyotes President and CEO Xavier Gutierrez said. “It’s all of that has already been put on the table. It’s a continuation of that analysis on behalf of the city and us addressing any of the specific topics there.”

The Coyotes have been searching for a permanent home since the city of Glendale pulled out of a 15-year, $225 million lease agreement in 2015. Glendale decided to not renew the lease after the 2021-22 season and the Coyotes found a temporary home at Arizona State’s new 5,000-seat arena starting next season.

The franchise took a big step toward securing a permanent home on June 2, when the Tempe City Council voted to negotiate on a proposed development of nearly $2 billion that would include a new arena, entertainment district and residential units.

The Coyotes submitted a proposal of more than 90 pages to Tempe, so the major components have been laid out. The two sides have already started hashing out many of the details, including addressing concerns by Sky Harbor and the FAA about the district’s proximity to one of the airport’s runways.

Gutierrez and the Coyotes hope to have a deal for the 46-acre tract of land worked out by the end of the year, but know it could take longer.

“We’d love to do it in the fall. That’s what we’ve told them. We said that would be our ideal,” Gutierrez said. “But we are very, very aware that this is not our decision. We do not control the process. We respect the process just as we had from day one. We know that the city is directing it and trying to ensure that they’re comfortable.”

The Coyotes plan to finance the entire project privately and are hoping to buy the land from the city. The franchise is asking Tempe to direct some of the sales tax generated by the private real estate to pay for bonds with the land and real estate as the sole collateral.

“It’s going to be privately financed,” he said. “We’ll be putting up the capital. We would be very excited about creating the first privately financed entertainment district in the history of Arizona.”

The Coyotes have already started selling season tickets for the 2022-23 season at Arizona State’s arena, though Gutierrez said the team isn’t ready to release details just yet. Since the team will be playing on campus the next three years, the Coyotes plan to offer 500 tickets every game to Arizona State students.

“We want them to experience a hockey game where most of them maybe haven’t even done that ever in their lives,” Gutierrez said. “And so it’s gone very well. We feel very confident.”

Now that Tempe has agreed to negotiate, the process has started. The Coyotes hope to keep it rolling right into a new arena.

Vince McMahon has sensationally stepped down as WWE CEO.

Stephanie McMahon has been named Interim CEO and Chairwoman of the company as the WWE’s board of directors continue their investigations into misconduct allegations that were reported by the Wall Street Journal this week.

In statements released via WWE Corporate, the company announced the following:

Stamford, Conn. – WWE (NYSE: WWE) and the Board of Directors today announced that a Special Committee of the Board is conducting an investigation into alleged misconduct by its Chairman and CEO Vincent McMahon and John Laurinaitis, head of talent relations, and that, effective immediately, McMahon has voluntarily stepped back from his responsibilities as CEO and Chairman of the Board until the conclusion of the investigation. McMahon will retain his role and responsibilities related to WWE’s creative content during this period and remains committed to cooperating with the review underway.

On accepting the role and the ongoing investigations, Stephanie said (h/t SEScoops):

“I love this company and am committed to working with the Independent Directors to strengthen our culture and our Company; it is extremely important to me that we have a safe and collaborative workplace. I have committed to doing everything in my power to help the Special Committee complete its work, including marshalling the cooperation of the entire company to assist in the completion of the investigation and to implement its findings”

Vince McMahon himself added:

“I have pledged my complete cooperation to the investigation by the Special Committee, and I will do everything possible to support the investigation. I have also pledged to accept the findings and outcome of the investigation, whatever they are”

As noted in the official statement, McMahon will remain directly related to WWE’s creative content, which perhaps explains murmurings following the news that tonight’s SmackDown would be “business as usual“.

Orioles CEO John Angelos said Monday the team will remain in Baltimore — and that he and his parents have never contemplated otherwise.

Angelos’ comments — released by the team — came days after he was sued by his brother Lou Angelos. Lou claimed in last week’s lawsuit that John has seized control of the Orioles at his expense, and in defiance of their father Peter’s wishes.

“John intends to maintain absolute control over the Orioles — to manage, to sell or, if he chooses, to move to Tennessee (where he has a home and where his wife’s career is headquartered) — without having to answer to anyone,” the lawsuit said.

The suit did not elaborate on how likely it was that the team might actually move, and John Angelos sought to reassure fans in his statement Monday.

“As I have said before, as long as Fort McHenry is standing watch over the Inner Harbor, the Orioles will remain in Baltimore,” he said. “My mother was born and raised in northeast Baltimore, attended city public schools at Eastern High School and has worked with my father their entire lives to help the city, including by restoring the club to local ownership and preventing its relocation. For them, as for me, the Orioles will forever play at Oriole Park, and at no time ever have we contemplated anything different.”

Peter Angelos became the Orioles’ owner in 1993, but his public role has diminished in recent years and he turns 93 next month.

David Morehouse often used the term “Ron and Mario” when executing the duties of his position as CEO and president of the Pittsburgh Penguins.

He leaned on that phrase to sing the praises of co-owners Ron Burkle and Mario Lemieux and their roles in elevating the Penguins from a bankrupt organization into one the class franchises of the NHL.

In all reality, Morehouse directed most of the initiatives that allowed the Penguins to make that transformation.

Lemieux and (especially) Burkle provided the finances to make those changes. Morehouse orchestrated them.

On Wednesday evening, Morehouse’s 16-year-tenure with the Penguins ended.

At roughly 7:30 p.m., the team announced Morehouse had resigned from his position.

No reason was given for the decision, but the move comes nearly five months after Fenway Sports Group formally took over as the majority owner of the franchise.

Brian Burke, president of hockey operations, and Kevin Acklin, chief operating officer and general counsel, will oversee the day-to-day operations of the franchise. There was no word on a permanent replacement.

Morehouse’s departure comes with one game remaining on the Penguins’ regular-season schedule and the start of the playoffs less than a week away.

The 61-year-old Morehouse initially joined the Penguins as a consultant in 2004 before being named as president in 2007. He took on CEO duties in 2010.

During his tenure, the Penguins took won the Stanley Cup three times (2009, 2016 and 2017) while making the postseason for a franchise-record 16 consecutive seasons.

Off the ice, Morehouse, a native of Beechview, directed the franchise’s overall direction.

Having served in a variety of roles in President Bill Clinton’s administration, Morehouse oversaw the franchise’s negotiations with local and state government officials for a new arena. By 2010, the Penguins moved into the former Consol Energy Center, which is now known as PPG Paints Arena.

The revenue generated by a modern venue is a virtual means of survival for all major professional sports franchises.

He also helped the franchise develop a new state-of-the-art practice facility with UPMC in Cranberry, which opened in 2015.

Such facilities allow NHL franchises to offer competitive bids to host international events such as the World Cup of Hockey.

Several grassroots initiatives to develop the sport took place under Morehouse’s watch as well, including the construction of several dek hockey rinks in the area as well as the creation of youth programs.

Morehouse issued a statement through the team.

“I want to thank Ron Burkle and Mario Lemieux for taking a chance on me in 2007 and giving this Pittsburgh kid the dream of a lifetime to run his hometown hockey team. During those 16 years I’ve been lucky enough that this never felt like a ‘job.’ It always felt like a partnership – with ownership, players, coaches, staff, and Pittsburgh fans. We had some incredible times together, including three Stanley Cups and watching Pittsburgh turn into a true hockey town.

“Most importantly I want to thank my family for the support they have given me during this time.

“I’m confident that the Penguins’ future is in good hands with Fenway Sports Group. The new ownership group prioritizes winning and that has always been the philosophy of the Pittsburgh Penguins. They have experience running successful franchises and we have some of the best staff in sports already in place. Together, the legacy of the Penguins is sure to continue.”

Derek Jeter announced he’s stepping down from his position as the chief executive officer of the Miami Marlins.

“We had a vision five years ago to turn the Marlins franchise around, and as CEO, I have been proud to put my name and reputation on the line to make our plan a reality. … That said, the vision for the future of the franchise is different than the one I signed up to lead,” Jeter said in a statement Monday. “Now is the right time to step aside as a new season begins.”

Jeter’s decision to leave had to do with the team’s payroll, according to Joel Sherman of the New York Post. The 47-year-old was reportedly under the impression the club would have another $10 million to $15 million to spend on the 2022 roster heading into the lockout before plans changed.

Marlins shortstop Miguel Rojas praised Jeter for choosing to step down.

“The integrity of this guy is one of the (things) he showed me and sticks out with me during the last four years. … This is what leaders do,” Rojas wrote on Twitter.

Los Angeles Dodgers third baseman Justin Turner also chimed in on Jeter’s departure.

Marlins general manager Kim Ng will take charge of baseball operations, while chief operating officer Caroline O’Connor will lead the business side, according to Joe Frisaro of Man On Second Baseball.

Jeter joined the Marlins when Bruce Sherman’s ownership group purchased the club in 2017. Miami went 218-327 during the regular season under his watch. However, the team made a surprise run to the National League Division Series during the pandemic-shortened 2020 campaign.

The Yankees legend and Hall of Famer was at the helm when Miami traded then-reigning NL MVP Giancarlo Stanton to New York in December 2017, and when 2018 NL MVP Christian Yelich was dealt to the Milwaukee Brewers in January 2018.

Following the announcement, MLB commissioner Rob Manfred thanked Jeter for “moving the game forward by hiring women in top roles in the club’s baseball operations and executive leadership, and (positioning) the Marlins for long-term success.”

The Miami Marlins did not meet Derek Jeter’s expectations this season, and the CEO expects a busy winter in an attempt to turn the club around.

“I expect this offseason to be active for us, whether that’s talking with free agents or exploring some other moves,” Jeter said, according to The Associated Press’ Tim Reynolds. “But for the first time, really since we’ve been here as an ownership group, I expect to be pretty active – or I should say, have active conversations. There’s two sides to it.”

The Marlins have been one of baseball’s worst teams since Jeter purchased an ownership stake in the franchise and joined the front office in 2017.

Miami enters Sunday with a 66-95 record. Even if the Marlins defeat the Philadelphia Phillies in their final contest of the 2021 campaign, they would finish with a losing record in 11 of the past 12 seasons. The only exception was in 2020 when the club surprisingly advanced to the playoffs, beating the Chicago Cubs in the National League wild-card series before being swept by the Atlanta Braves in the NLDS.

While last year might be considered an anomaly due to the shortened campaign and expanded postseason, Jeter explained that no one on the Marlins thought of it that way, and the organization anticipated similar results this year.

“No one’s happy. No one should be happy,” the Hall of Famer said. “Especially the players, coming off what they were able to accomplish last year, getting a taste in the postseason.

“I think the expectations were a little bit higher coming into this year. Anytime you go through a season like this, you have to sit down, you have to evaluate, reevaluate, and see how we’re going to get better in the offseason for next year.”

Seattle Kraken CEO Tod Leiweke says general manager Ron Francis has the green light to spend in the organization’s inaugural season.

“Our GM has lots of options,” Leiweke told The Athletic’s Ryan Clark. “What owners want is for our GM to build a long-term winner. He’s gotta figure out how to do that. If that strategy involves us going to cap in Year 1, he has the authority to do it.

“I think that is one of the reasons we are all optimistic. We have this fan base. We have this arena. We have the Kraken Community Iceplex and owners willing to give Ron resources. Our hope that is we are going to reward these fans, who have been incredible, with a competitive team for years to come.”

Seattle’s expansion draft is scheduled for July 21 and follows the same rules the Vegas Golden Knights adhered to in 2017. It will be difficult to spend anywhere near the NHL’s $81.5 million limit while simply taking exposed players, but the club could take advantage of teams facing salary cap issues by manufacturing side trades for stronger assets like Vegas did.

The Kraken have signed just one player, minor-leaguer Luke Henman, since officially becoming the league’s 32nd franchise. The franchise recently hired Dave Hakstol as its first head coach.

After parts of 17 seasons as an NBA head coach, Nate McMillan finds his underdog Atlanta Hawks just three wins from The Finals, the furthest one of his teams has ever advanced in the postseason.

Not bad for someone who only became the Hawks’ interim head coach in March after Lloyd Pierce’s dismissal.

On that front, Hawks CEO Steve Koonin hinted after Atlanta’s road win over the Milwaukee Bucks in Game 1 of the Eastern Conference finals that the team will be dropping McMillan’s interim tag following its playoff run.

“Nate asked – one of the conditions of taking the job is we do this after the season concludes,” Koonin said on 92.9 The Game’s “Dukes & Bell” on Wednesday. “I’m so pleased on June 23 (that) our season’s not over. It is for 26 other teams; it’s not over for us.

“So, everything good happens to people who deserve it and will happen in time.”

The Hawks were just 14-20 when McMillan took control; they ended the regular season on a 27-11 run to finish 41-31, good for the fifth seed in the Eastern Conference.

McMillan boasts a 688-599 (.535) record as a head coach following sideline stints with the then-Seattle SuperSonics (with whom he played 12 seasons), the Portland Trail Blazers, and the Indiana Pacers. The 56-year-old ranks fourth among active head coaches and 21st in NBA history with 1,287 games coached.

McMillan and the Hawks will look to extend their series lead when Game 2 of the Eastern Conference finals tips off Friday at 8:30 p.m. ET.

Seattle Mariners general manager Jerry Dipoto and manager Scott Servais are doing damage control with players who were directly mentioned or referenced by former team CEO Kevin Mather in an online video that led to his resignation.

The message over the past two days to those affected has been: you have every right to be upset.

“We are very open with our players and urge them to be the same. And if they want to be angry, they should be, frankly. They should be insulted,” Dipoto said Tuesday. “But at the same time, they are collectively driven toward what we’re trying to do here as a team.”

The video posted over the weekend showed Mather expressing his views of the club’s organizational strategy and making controversial remarks about players during a recent online event. He took insensitive shots at a former All-Star from Japan and a top prospect from the Dominican Republic for their English skills. He also admitted the team may be manipulating service time for some of its young players.

Mather apologized Sunday and then abruptly resigned the next day, but not before casting a pall over the organization as it began full squad workouts in Arizona.

Dipoto and Servais are both angry.

“I’m embarrassed that this is the way we’re viewed because for those of you who’ve been around me or Scott or this team, this is not how we’re wired,” Dipoto said. “It’s embarrassing to be categorized or deal with the stigma that we are now pinned with, and we have to shed it. It’s ours to bear and we now have to be accountable to that, and then find a way to grow beyond it.”

Seattle pitcher Marco Gonzales said Tuesday after the first full team workout that players are upset about the comments and annoyed by the distraction when they’d rather have the attention on the build-up toward the start of spring training games.

Gonzales said players are viewing Mather’s remarks as the views of someone “not close to us. He’s not here throwing a ball. He’s not here swinging a bat.”

“Sometimes a common goal can unite you, but sometimes a common enemy can do the same, if not greater,” Gonzales said. “So I think that’s the boat we’re in right now.”

Mather’s most inflammatory comments were about the English skills of former All-Star pitcher Hisashi Iwakuma and top prospect Julio Rodriguez and drew the strongest responses from Dipoto and Servais.

Servais referenced his winter baseball experiences in the Dominican Republic and Venezuela and the Mariners’ season-opening trip to Japan two years ago.

“It’s an eyeopener. You really, really appreciate what foreign players have to go through. Not just communicating, but then trying to figure out how to play the game at the highest level,” Servais said. “So nobody has more appreciation for it than I do and it’s a subject I’m very sensitive to.”

Mather undermined strategy on the baseball side, admitting that the team was possibly manipulating service time for top prospects Jarred Kelenic and Logan Gilbert. Mather also divulged information about contract negotiations with Kelenic and pitcher James Paxton and called veteran Kyle Seager “overpaid.”

Mather drew the ire of the players’ association by saying neither Kelenic and Gilbert would be with the major league club on opening day as a way to keep club control for longer.

Those comments in particular have been noticed around baseball and are part of the stigma Dipoto noted the Mariners will have to overcome.

“Every player should wake up and read the news on the guy with the Mariners,“ said New York Yankees pitcher Gerrit Cole, one of eight players on the union’s executive subcommittee. “Those conversions are being had in a lot of clubs, unfortunately, and that’s the kind of way a lot of clubs are acting. This guy is talking about players that are making him money. The product is the people that he’s talking poorly about. It’s just tired. It’s tired, man.”

Added Yankees’ slugger Aaron Judge, “It’s saddening to hear those comments coming from a guy in that position. I think we’re all ears. It’s sad to see. I’m kind of looking forward to seeing what comes out this.”

Both Servais and Dipoto said decisions on Seattle’s roster have not been made and that the plans for Kelenic and Gilbert have been laid out and communicated to both.

“All of our players are aware of what their path is, what their development plan looks like, and we’re very direct and how we share it,” Dipoto said.

Servais said he met with several players directly mentioned by Mather.

“I’d say that the temperature was very hot with a number of guys that certainly their names were mentioned for a number of different reasons,” Servais said. “It wasn’t surprising at all. But I feel very good about this group and I am proud of the way they’ve handled things so far. We could talk about this all day long and our players will continue to handle things the right way.”

Seattle Mariners president and CEO Kevin Mather resigned from his position effective immediately, the team announced Monday.

The news comes one day after a video surfaced of Mather sharing his thoughts on the service-time manipulation of prospects Jarred Kelenic and Julio Rodriguez, the expiring contract of Kyle Seager, and his displeasure with paying interpreters for foreign-born players.

“Like all of you, I was extremely disappointed when I learned of Kevin Mather’s recent comments,” Mariners chairman and managing partner John Stanton said in a statement.

“His comments were inappropriate and do not represent our organization’s feelings about our players, staff, and fans.

“There is no excuse for what was said, and I won’t try to make one. I offer my sincere apology on behalf of the club and my partners to our players and fans. We must be, and do, better.”

Stanton will now act as president and CEO until a successor is chosen.

Major League Baseball also issued a statement following Mather’s resignation:

“We condemn Kevin Mather’s offensive and disrespectful comments about several players,” the statement read, according to Ryan Divish of The Seattle Times. “We are proud of the international players who have made baseball better through their outstanding examples of courage and determination, and our global game is far better because of their contributions. His misguided remarks do not represent the values of our game and have no place in our sport.”

On Feb. 5, Mather spoke with the Bellevue Breakfast Rotary Club, indicating Kelenic would not make it on the 2021 Opening Day roster and Rodriguez wouldn’t reach the majors until 2022.

The video didn’t leak until Sunday when it began to go viral, at which point Rodriguez tweeted out a meme:

Mather also said Seager was “overpaid” and 2021 would be the third baseman’s last with the Mariners despite the former All-Star having a team option for 2022. Julie Seager, Kyle’s wife, also sent out a tweet seemingly responding to Mather’s comments:

Mather also stated he didn’t like paying for the interpreter of Hisashi Iwakuma, who played six seasons with the Mariners and now serves as the team’s special assignment coach.

The MLBPA issued a statement Monday morning condemning the Mariners and Mather:

“The (Mariners’) video presentation is a highly disturbing yet critically important window into how players are genuinely viewed by management. Not just because of what was said, but also because it represents an unfiltered look into club thinking.

“It is offensive, and it is not surprising that fans and others around the game are offended as well. Players remain committed to confronting these issues at the bargaining table and elsewhere.”