Menu
Franchises

Greg Miller Says His Family Has No Intention Of Selling The Jazz

Jazz CEO Greg Miller Wednesday said his family has "absolutely no intention of selling the team," according to Brian Smith of the SALT LAKE TRIBUNE. Miller, responding to a recent report the Jazz could be sold, said, "I get frustrated whenever I see that. Because my Dad [the late Larry Miller] has said since he bought the team in 1985 that the Jazz will be a part of the Salt Lake landscape and the Utah landscape as long as they're not a burden on the other businesses that we depend on to keep our employees employed and feed our families and so on." He added, "I'm going to echo what my Dad said: If it ever gets to the point where it's a burden, then we'll reserve the right to do what we need to do to protect our other interests. But we're not even in the realm of consideration of that right now. And I must add that is due primarily to wonderful support from our fans and wonderful support from our sponsors" (SALT LAKE TRIBUNE, 11/27).

PLAYING A NEW TUNE: In Utah, Randy Hollis noted the Jazz "will benefit greatly from a more generous share of the BRI" under the NBA's new CBA. It will give a small-market team like the Jazz a "huge financial boost which will help offset the type of losses the franchise was forced to endure last season -- reportedly around $17 million." Adding in the CBA's "new-and-improved salary cap restrictions/luxury tax penalties along with its revenue sharing possibilities, it should not only make the Jazz franchise increasingly solvent and profitable, but help put Utah's front office in a better position to make the team increasingly competitive in the future." All of these factors "would help improve the league's competitive balance and serve to give a team like the Jazz an enhanced opportunity at possibly winning an NBA championship" (DESERET NEWS, 11/27). Also in Utah, Kurt Kragthorpe wrote, "Utah needs the Jazz to play basketball, beyond any economic factors. The team is a unifier, a rallying point" (SALT LAKE TRIBUNE, 11/27).

SBJ Morning Buzzcast: April 23, 2024

Apple's soccer play continues? The Long's game; LPGA aims to leverage the media spotlight

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

NBC Olympics’ Molly Solomon, ESPN’s P.K. Subban, the Masters and more

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Molly Solomon, who will lead NBC’s production of the Olympics, and she shares what the network is are planning for Paris 2024. Later in the show, we hear from ESPN’s P.K. Subban as the Stanley Cup Playoffs get set to start this weekend. SBJ’s Josh Carpenter also joins the show to share his insights from this year’s Masters, while Karp dishes on how the WNBA Draft’s record-breaking viewership is setting the league up for a new stratosphere of numbers.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2011/11/28/Franchises/Jazz.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2011/11/28/Franchises/Jazz.aspx

CLOSE