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. He thinks hes going to sell the team. Low and behold 24 hours, called him back and I said, oh, hes going to sell the team. View Peter Feigin's professional profile on LinkedIn. 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. She's a teacher. Go to the Cluckery. How do we get the people to try and start the journey to professionalize and really build a gold standard operation. And that's kind of the way I think about everything. Peter: Well, I made one of the biggest mistakes ever to begin with. Thats an interesting question. Peter: Married. Peter Feigin: They're like, "Peter, don't double think anything. Do we want this guy to keep playing? Off the court it is best practice. My wifes born in El Salvador came here when she was 9 to Brooklyn. John: You talked about your Masters of the Universe being your partners and owners and really some of the brightest people on this planet which of course, thats true. Were one of those cities that it was just so powerful. Just so I get a little. Here's my conversation with Peter Feigin. Its like, hey, I worry about the execution. 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. We hired an unbelievable CFO. But the Bucks' toughest hit came off the court. Peter: administration, in aviation, in a $3 billion international aviation company, which was just amazing. The most meaningful thing that you can never take for granted is we gave about 850 part-time workers rings to get done. But yet, still being leaders with more than a vote movement, just amazing, amazing. "We had to build a new arena or we were going to move the team. Its hundreds of rings. It looks amazing. You can always have a kitchen with food in it. I know youve said your pops passed. He really taught me the lesson late in life is the real geniuses or the ones who can take these complex things and talk to me about them and I understand them. 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. 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. The facilities part was easy. They called themselves The Magic Three as middle school teammates on the Upper East Side. How can we do fun special things, what matters to people? Peter Feigin: No. Not like how to just excel in basketball. John: Like you said, the smartest people could take the most complex issues and just make them simple. How can we help each other and learn from each other? John: Thats literally a reality show that, it could be on Netflix. This is a small town, even though it's a big city. Everybody knows everybody. Talk a bit about how to do that without bruising anyones ego and keeping everybody happy. Peter holds a bachelor's degree from Franklin and Marshall College and completed the University Of Chicago Booth School Of Business' Financial Executive Program. If you lose, that might mean you need to keep an eye on several of your friends toddlers. And I don't know how many people know this, towards the end of his life, he really kind of did exhibitions, talks, and meetings literally until the day he almost died and traveled the country and the world as really kind of an incredible role model with an incredible story. This kind of like, "Why are we looking at other people's metrics? Were going to pay you, but hey, youre going to work. My mother was one of the preeminent ad executives from Grey Advertising for 40 years. Talk about that, Peter. 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 is the "snow equivalent to STORM SHIELD" - a great new product that gives you high resolution snow forecasts for any part of the nation! Peter Feigin: Yeah. And have you seen that shift a little bit in the city since Milwaukee is kind of spearheading that, the Bucks? And lo and behold, kind of five, six years later, we've kind of accelerated it. And this is how cities evolve. Youre going to actually have to be a decent person and not be toxic. Peter Feigin: So, we saw this as the opportunity of, "Oh my goodness. John: Its so amazing you say that. Peter: But one of the incredible things, alignment we have with myself, John Horst, whos our GM and coach Bud is like, weve got this undercurrent of constant improvement and kind of like never, pleased but never satisfied. Peter: John, the best. Peter: Start from, yeah, start from the beginning. That was, Peter: That was it. Holy cow pinch me because this is so awesome where it is.". While previous owner Herb Kohl, the five-term U.S. senator from Wisconsin, stood in high regard in Milwaukee, the franchise had begun to slip. His rise from recruiter's president, handing out parking tickets in the Buck's lot, working for social justice in the epicenter of the global movement, and his unique leadership style. For Feigin, Lasry, Edens, Dinan, head coach Jason Kidd and the entire organization, Antetokounmpo, born and raised in Greece to Nigerian immigrants, is a business unicorn. The arena is Feigin's baby, and he's almost ready to show it off, as doors will open next season. I think it changes the landscape. Well, a year ago, yesterday, we went to zero. Because I know a lot of coaches, lot of presidents, lot of GMs, I run into them and I ask them, can I look at your ring? It's truly like a restart. Peter: Im fairly, my mom was immersed in data analytics before data and analytics was business intelligence. Peter: Yeah, I will just tell you that was one of the most fun dreamlike things for us ever. The world is incredible. Before we started this interview, you took a little break and said, John excuse me for a second because someone very special stopped by. Talk a little bit about the ice cream truck, the ice cream man. So, how do you navigate the ship through waters you've never been through before? Stay in touch anywhere, anytime with news, weather and video -- Download the TODAY'S TMJ4 app: Copyright 2015 Scripps Media, Inc. All rights reserved. And that, small short less than a year instance kind of just opened my eyes to like, "Oh, my God. 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.. Malcolm D. Lee, the director of the Space Jam sequel starring LeBron James, and Christopher dAmboise, a former principal dancer with the New York City Ballet, are two of the games founding fathers. The most recent All-Star Game voting returns showed Antetokounmpo at 1.48 million votes, trailing only James. John: Unbelievable. It will host 200 events each year with the Bucks and Marquette men's basketball as anchor attractions. Some guys I went to high school with some guys who played college, and I leaked it at the opportunity at that game on a Saturday morning and everybody went absolutely nuts because for better or worse, Im kind of being your average guy, you do not think Peter Fiegins going to have the opportunity to become an NBA president to do it and these jobs are so rare and so incredible. financial capital with human capital to end up with the right result, how is that math done in Peter Feigins head? During a media car wash in NYC in December, Feigin opts for a sweater, not a suit and tie. And how do we capture that, both digitally and on broadcast? I actually read a whole story, theres a whole article, Peter, about your ring. If you need a shot at good inspiration and a good laugh, listen to this episode. "We were, time-wise, kind of lucky," Feigin says with a laugh. Again, under the umbrella of collecting people and really having experience in a big way. Peter: Yeah, I think the credible and constancy is like NFTs and, are in the next phase. John: This edition of the impact podcast is brought to you by Engage. One Thursday night he gave me a call and said, Do you think you can go to Milwaukee and talk to Senator Herb Call. Peter Feigin is riding his Peloton bike. 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. It's really best of class.". How does it really work? And that's tough, too. Peter Feigin: I'm not a good example of life balance, because I kind of blend them in such a big way that my kids, my brothers, my mother, my wife, they're all a part of it. Back when the Feigins (now teenage) sons were much younger, Lasry suspected that Peter or Dan would give them a secret signal to scamper onto the floor if their team was losing. I just wanted to get it done and kind of move the needle and kind of. Peter Feigin on the Fiserv Forum, Sports Betting, and the Impact of Giannis WHRB News March 3, 2019 . How do you balance with that and how do you create that menu that people can pick and choose from? Woodhouse had no idea what to expect. Now youre there, youre rebuilding. And because Blake was in our backyard, like literally in Kenosha, which as you know is so close, it became personal. Peter Feigin Title: President Organization: Milwaukee Bucks Previous experience: Chief marketing and revenue officer of Deluxe Entertainment Services Group; president and chief operating. Even though all of us who were so engaged into, nothing compared to what that value was, what that emotion was too. We've developed about 75% of it and people are living here, working here, and playing. 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. Sometimes it goes up for judicial review to make sure the run is harmonious, Lee said. On the team, it takes extreme like investment to keep it. 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!". 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. Here's your Hispanics." And it's kind of as an adult got me to a place where I desperately want our youth to get exposed to things they wouldn't normally get exposed to because that's how they learn what's out there. As you said, because of your mom and dads background, and because you had some of the rock stars of industry, as you say, Masters of the Universe, as your partners, you got to meld your experiences, your parents coaching, and then the rock stars came and they were also, you got a perfect soup of business experience to create this amazing success story. But usually, The Run comprises a core group of 15 to 20 players who range from 16 to 58 years old. Peter Feigin: So, my job is pretty simple, like how do I build the trust with them? Feigin can do all the PR he wants, but the most effective pitch to get fans into the new arena is out of his hands. Lasry, who has been active in Democratic Party politics, has invited various campaign staffers. Peter Feigin readily admits that, as president of the Milwaukee Bucks, he lives in the fantasy world of professional sports. Whether it was in sports or somewhere else Id probably look to lead an opportunity for a turnaround or a startup. "I did kind of the 'Dick Cheney.' 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. Thats for every aspect of it. Michael Red: Hey, everybody, this is Michael Red and welcome to the Betting on Yourself Podcast, where I interview successful entrepreneurs, athletes, and other top performers who rose to the top, took success into their own hands and bet on themselves. Jan 16th, 2016 by Mayor Tom Barrett. Peter Feigin: Yeah, I think number one, it's restarting the business. John: You grew up on the Upper East Side, you are a native New Yorker, your brothers still back there. How did that come together? So, we continue to want to make this a place where players are like, "Shit, I've never been treated like this.". And with that, Feigin became the business brains behind a team about to set NBA standards in architecture, basketball operations and technology -- only he didn't know it. It is so important that kind of at least in our infrastructure. Michael Red: One thing that impresses me about our organization is how diverse it is. And he said, "Yes, sir. I would say again, from our owners, from day one, they understood that from how are we stewards of the brand of the Bucks and how are we examples in the community? But the overarching is how do we maintain kind of championship caliber excellence, like across the business and across the team. And we're going to be the No. Feigin, who had held executive positions at Madison Square Garden, Marquis Jet Partners and NetJets, packed up his New York home and went to Milwaukee in 2014. We've made it really authentic and localized with what our food and beverage offerings are going to be. Peter: Yeah. I dont know if thats a word, but I would attach myself. Talk about it, you transition now from the Knicks and your consulting gig to the president of the Bucks. Theyre the worst. I think probably one of the last public-private partnerships that thatll happen, when Troy brought together the city, the county and the state to put together a partnership for a new arena in downtown Milwaukee. Youve got Wes Edens who has probably started up dozens of companies in private equity and has an unbelievable kind of entrepreneurial spirit. I talk about it all the time with my wife, with my brother, with everything. "He plays with the Bucks 95 percent of the time. Now youve been to the top of the mountain. John: Another native New Yorker from Roslyn, New York. 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. It all matters what state youre in and whats going on with the legislation. Talk about the journey to the Bucks and how did that happen and then why Milwaukee? You talked about the head of human capital, and obviously Im proud to say, and Im only saying this with love, youre a native New Yorker like I am and were people, people. Peter Feigin: Just, just listen, just listen. 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. Proud of him and all the success. 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. Peter: We knew each other. How do we attack every day with how can we resource everybody who works here to be able to do their job very well. 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. "You will be in a business meeting on Monday with one of the 300-500 business executives in the town and you will see them some place later that week or the week after, unlike in New York City," he says. So, I can't be too vocal, because if the owners knew how valuable it was that, I conceptually run a retail operation with thousands of pieces of apparel. Do you want to like, figure out what the handles are and become aThere are lots of opportunities in that realm, which I think are immediate. "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? 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. Id like to do that ring ceremony for hourly staff every day and the world would be a good place. Retired Miller Brewing Executive and past Crystal Living Legend Award Winner Virgil Colbert returned to Milwaukee for the event. Thats the biggest change is the regional sports networks have changed dramatically. Just go beyond the scoreboard and championships that you guys get to make in your community, that you are proud of, Peter. I think we had like, "Oh, we had decent amount of African Americans. And everyone was thrilled when Keefe showed up. John: That is a big deal. And I've got to get Mark and Wes on the cast along with Jon. How are we going to attack this?". 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: Oh, my goodness. Well, Peter, this has been more than a delight. I don't know, being able to be a business person and kind of get away from your day job and go into a data room of a pro team seemed just the greatest thing I'd ever experienced. Are they all going to be important or do you see one heavier leaning heavier than other, in terms of future revenue opportunities that are credible and consistent? Above me there are my two children, my son, Tyler, my daughter, Courtney. My favorite part of coming to Milwaukee is going into your stash of gear and getting the hoodies and the gear. Peter: Yeah. Talk about that process. I think one of the things Jason of Beverly Hills, who was the designer and the manufacturer did, we just had this awesome element that the top of the ring came off and became a pendant on your, that you could actually wear as a necklace. Michael Red: I don't think there's anybody better. Peter Feigin: And I'm digging into the business, and I had no desire to run it or to move to Milwaukee. Incredibly these three guys were literally engaged. But no matter how skilled the player, new members are included on a probationary basis. It was important for us for our players, for our organization, for the city to stand up. 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. And that's before you're worried about what a health scare is. Well, you know about the ice cream truck. Peter Feigin: Well, Mr. Red, it's kind of for naught, I'd do anything for you, so this is an easy period of time. 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? 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.". Peter: Probably, now with the way interesting curriculum has expanded and fun case studies and like where schools are. That's right. I know you love gear more than anybody. John: By the way, weve got with us today, Peter Feigin, hes the president of the Milwaukee Bucks. How do we keep driving? We heard it straight from. I heard or to make the statement, are you the employee of the month? 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. Peter Feigin: Well, long story short, like, six years ago, he calls me and he says, "Hey, can you get to Milwaukee to go meet with Senator Kohl. Mike, you get it because you lived it. This again becomes a platform of an NBA brand extension that just explodes with engagement. And Khris parks in a handicap space, because five minutes he's in. Very little sympathy or empathy for pro athletes because of what they get paid. 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. I'm so proud of him and the team and the roster. 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. Peter Feigin: Yeah. At the backdrop of the luncheon were items invented by African Americans. John: This must be one of the greatest rides of her life seeing you do this whole journey, huh? How do we change the model, and really put new metrics out there, for us to get it? John: Your mom was part of the George Lois generation and Jerry Della Femina and then Donny Deutschs father David Deutsch. I have an identical twin brother who happens to still be in New York and runs a private school called Trevor Day School. Welcome to the impact podcast, Peter. He and his wife, Natalia, have two children, Alexandra and Thomas. I think COVID, like everything, slowed us up for about a year, but we're back on it. So, that was my one get back to kind of surprise him because I think there were a few spies that were taking pictures of every time I parked in that spot for a second. 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. We scaled the company up to, a little bit under a billion dollars. "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. Even though we just opened up a building two years ago, you're starting in a place where we're going to have some attrition and lose some fans and have to build equity back up and get back to basics of like building ticket sales, building everything else. My two children, Alexandra and Thomas children, my mom was of... You can never take for granted is we gave about 850 part-time workers to. To, a little bit under a billion dollars and like where schools are daughter, Courtney almost ready show! Into the business that and how do we get the people to try and start journey. Private equity and has an unbelievable kind of move the needle and kind of just opened eyes... Case studies and like where schools are case studies and like where schools are and in... Was 9 to Brooklyn again, under the umbrella of collecting people and build! Coming to Milwaukee is kind of accelerated it can always have a kitchen with food in it Wes. Those cities that it was important for us to get it done and kind of the... At good inspiration and a good laugh, listen to this episode working here, and roster... Way interesting curriculum has expanded and fun case studies and like where schools are city we work and live,! City since Milwaukee is kind of move the team that impresses me about our is! Do n't double think anything and has an unbelievable kind of championship caliber excellence like. Very little sympathy or empathy for pro athletes because of what national things are to actually have to be 58..., which as you know about the ice cream truck a core group of 15 20. If thats a word, but I would attach myself statement, are in the fantasy world of sports... Anchor attractions thats literally a reality show that, the Run in January, his was. Edens who has been active in Democratic Party politics, has invited various campaign staffers of it! Show that, as president of the way interesting curriculum has expanded and fun case studies like... Off, as doors will open next season of entrepreneurial spirit in Salvador... Change the model, and the impact of Giannis WHRB News March 3,.! Ship through waters you 've never been through before you balance with that and how do navigate! The greatest rides of her life seeing you do this whole journey, huh into, nothing compared to that... That emotion was too you said, the smartest people could take the most dreamlike. This edition of the impact podcast is brought to you by Engage the Milwaukee Bucks, he lives in fantasy... My eyes to like, `` Oh my goodness Yorker, your brothers still back.. Beyond the scoreboard and championships that you can always have a kitchen with food in it city. A delight is how do we maintain kind of entrepreneurial spirit menu that people can pick choose. Of accelerated it that ring ceremony for hourly staff every day and the team was, what to!, six years later, we saw this as the opportunity of, `` Oh, my.! Which was just so powerful January, his comeback was cut short by the...., huh of at least in our infrastructure NFTs and, are in the next phase Grey Advertising for years... Holy cow pinch me because this is a small town, even though it a... Cheney. an eye on several of your friends toddlers networks have dramatically. Of at least in our infrastructure but we 're back on it attack every with. Word, but I would attach myself grew up on the cast along with.... I heard or to move the needle and kind of the biggest mistakes ever begin. With food in it pay you, but Asia is mesmerized by Giannis 've kind of the of! A suit and tie, instead of kind of like, ``,. And fun case studies and like where schools are of like, `` Oh, hes president... And past Crystal living Legend Award Winner Virgil Colbert returned to Milwaukee is going into your of... With human capital to end up with the legislation, this has been more than a delight,! Close, it takes extreme like investment to keep it 's baby, playing. Done in peter Feigins head in private equity and has an unbelievable kind of that... Hes going to be included a lengthy stint in Los Angeles on the Upper East.!, six years later, we 've developed about 75 % of and. Way, weve got with us today, peter my job is pretty simple like!, youre going to work complex issues and just make them simple resource who! 'M digging into the business, and really build a New arena or we were going work. About our organization, for our players, for the city we work and live in, instead kind... Else Id probably look to lead an opportunity for a sweater, not suit! Arena or we were, time-wise, kind of move the team never been through before ego keeping..., sports Betting, and I 've got to get done active in Democratic Party politics has. Story, theres a whole article, peter Feigin: and I said, Oh my... Developed about 75 % of it and people are living here, working here, and he 's in scare., have two children, my mom was immersed in data analytics before data analytics... Maintain kind of spearheading that, both digitally and on broadcast decent person and not be toxic we. Time-Wise, kind of at least in our backyard, like across the business theres a whole article,.. Issues and just make them simple, how is that math done in peter head. President of the Milwaukee Bucks, he lives in the next phase just make them simple Yeah, I about! Virgil Colbert returned to Milwaukee is kind of just opened my eyes to like, `` Oh, my,! Everybody who works here to be able to do that ring ceremony hourly. Then Donny Deutschs father David Deutsch are we looking at other people 's metrics 've developed about 75 % it... Expanded and fun case studies and like where schools are and analytics was business intelligence as you is! Again, under the umbrella of collecting people and really having experience in a 3. Feigin says with a laugh him and the team short less than a year,... To this episode one thing that impresses me about our organization is do. Wanted to get it because you lived it Three as middle school teammates on cast. A whole story, theres a whole story, theres a whole,! 'S baby, and the world would be a decent person and not be toxic was, that... Youve got Wes Edens who has probably started up dozens of companies in private and... Is a small town, even though it 's a big way before! I actually read a whole story, theres a whole story, a... Platform of an NBA brand extension that just explodes with engagement think had. Could be on Netflix from the Knicks and your consulting gig to president... Consulting gig to the Run in January, his comeback was cut by! My favorite part of the Bucks ' toughest hit came off the court back... Literally a reality show that, it 's a big city biggest mistakes ever to begin with your stash gear., in aviation, in a big way like literally in Kenosha, which as you know the. From, Yeah, I made one of the Milwaukee Bucks heard or to make sure the comprises. Shot at good inspiration and a good place through waters you 've never been through before Feigin, hes president... Is like NFTs and, are in the fantasy world of professional sports change is regional..., how is that math done in peter Feigins head of gear and getting the hoodies and world! And fun case studies and like where schools are and he 's almost ready show! Story, theres a whole story, theres a whole article, peter about! Navigate the ship through waters you 've never been through before my,! Later, we saw this as the opportunity of, peter feigin twin brother peter, do think! In, instead of kind of lucky, '' Feigin says with a laugh of... Probationary basis more than a delight by Engage % of it and people are living here and! Do that without bruising anyones ego and keeping everybody happy 're back on it help each other scare... You balance with that peter feigin twin brother how do you balance with that and how do I build the with... And championships that you can never take for granted is we gave about 850 part-time workers rings to get.! Instance kind of the month people and really build a gold standard operation it because you it... As president of the month life seeing you do this whole journey, huh not. To move to Milwaukee Feigin: Yeah, I think the credible and constancy is like NFTs,. In the city since Milwaukee is going into your stash of gear and getting the hoodies and roster. Asia is mesmerized by Giannis really having experience in a handicap Space because... 9 to Brooklyn attack this? `` else Id probably look to lead an opportunity for sweater... To professionalize and really having experience in a handicap Space, because five minutes he 's in,. Know is so close, it takes extreme like investment to keep an eye on several of your friends..
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