Tag: Tad Brown
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Former Rockets CEO Tad Brown joins Daryl Morey with 76ers
As a condition of former owner Les Alexander’s sale to Tilman Fertitta, Brown and Morey will reportedly still be paid by the Rockets.
Former Rockets CEO Tad Brown will take over as CEO of the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils, effective Aug. 3. Brown chose to leave Houston at the end of the 2020-21 season.
Brown spent nearly 20 years with the Rockets and was in the CEO role since October 2006, making him one of the franchise’s longest-tenured executives. With the 76ers, he will join an executive leadership team that also includes former Rockets general manager Daryl Morey — who is now the president of basketball operations in Philadelphia.
In 13 years together in Houston, Brown and Morey oversaw a 640-400 (.615) record, which was second-best in the NBA during that time.
Morey and Brown had each cited family reasons as among factors potentially pushing them towards an East Coast job. Per Jonathan Feigen of the Houston Chronicle, there was a bonus financial incentive, too:
The Rockets’ agreement with Morey, Brown and others that were part of sale when the team was sold to Tilman Fertitta in 2017 gave five-year guaranteed contract extensions in which they will get paid by the Rockets, even after taking positions with other organizations, a person with knowledge of the agreements said. That could have worked to provide incentives to leave the team during that five-year period.
Former Rockets CEO Tad Brown named CEO of 76ers, New Jersey Devils https://t.co/PaqskLd2ic via @houstonchron
— Jonathan Feigen (@Jonathan_Feigen) July 12, 2021
Gretchen Sheirr is effectively replacing Brown in Houston, though her formal title is president of basketball operations, rather than CEO. Sheirr had most recently worked alongside Brown as chief operating officer.
Rafael Stone, who was Morey’s No. 2 executive in basketball operations during recent years, took over the general manager role last fall.
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I can confirm this reporting from @Jonathan_Feigen. Former owner Leslie Alexander insisted on this clause for his top two execs as part of the sale of the franchise to Tilman Fertitta. https://t.co/NwcaTbIZyz
— Tim MacMahon (@espn_macmahon) July 12, 2021
Sixers to name Tad Brown as the new CEO of Harris & Blitzer Sports
The Philadelphia 76ers will hire Tad Brown as their new CEO to replace Scott O’Neil.
The Philadelphia 76ers are in the process of working through an offseason where they will be looking to improve upon their Round 2 exit in the 2021 postseason. There are some upgrades that the team will have to make in order to get the job done.
On the business side of things, they had to make a move to hire a new CEO after Scott O’Neil stepped down after eight years at Harris & Blitzer Sports & Entertainment.
Philadelphia will hire Thaddeus “Tad” Brown as the new CEO. He will overlook not only the Sixers but the NHL’s New Jersey Devils as well. He spent the previous two decades with the Houston Rockets so he has experience with president Daryl Morey from their days in Houston.
Brown spent the past 15 years as CEO of the Rockets, where he was the franchise’s rep on the NBA’s Board of Governors. Brown rejoins Sixers president of basketball operations Daryl Morey with whom he shared significant Western Conference success and a strong working relationship. https://t.co/Bke6cHlyfs
— Adrian Wojnarowski (@wojespn) July 12, 2021
During Brown and Morey’s time in Houston, from 2007-2020, the Rockets compiled a 640-400 (.615) record, the second-best of any NBA team, while becoming one of the NBA’s most successful franchises.
“I want to thank Josh Harris and David Blitzer for this incredible opportunity to lead HBSE in its next chapter,” Brown added per the same press release. “This role not only allows me to work for innovators like Josh and David; it also allows me to work alongside some of the industry’s best talent that has been assembled across the HBSE organization. This is a world-class sports and entertainment organization that cares about the cities and fans it serves. My family and I are thrilled to begin our new journey and I’m eager to help guide HBSE to even greater heights.”
This post originally appeared on Sixers Wire! Follow us on Facebook!
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Rockets promote Gretchen Sheirr to lead business operations, replace Tad Brown
“Her work ethic, attention to detail, and passion for the Rockets gives me great confidence in her ability to perform at the highest level.”
The Houston Rockets are promoting Gretchen Sheirr from chief operating officer (COO) to president of business operations, the team announced on Wednesday. According to Mark Berman of Fox 26 Houston, she is replacing Tad Brown, who recently stepped down as CEO.
Sheirr, who has worked with the club for 20 years, is the fourth woman leading the business operations of an NBA team. She joins a franchise that is becoming known for its diversity at the highest ranks. General manager Rafael Stone and head coach Stephen Silas are one of a select few Black GM-coach combinations in the NBA.
Wednesday’s press release from the Rockets, which includes details on Sheirr’s background with the team, reads:
Houston Rockets owner Tilman J. Fertitta today announced Gretchen Sheirr (pronounced Sheer) has been promoted from Chief Operating Officer (COO) to President of Business Operations.
Fertitta said:
As soon as I began working with Gretchen, I was immediately impressed by her knowledge, her innovation and her leadership. With Gretchen having been part of the Houston Rockets success for two decades, I couldn’t be more excited to see her get this opportunity. Her work ethic, attention to detail and passion for the Rockets gives me great confidence in her ability to perform at the highest level.
Sheirr said:
First, I’d like to thank Tilman, Patrick and the entire Fertitta family for their guidance and support, and of course, their trust to help steward the Rockets brand for the city of the Houston. To have this opportunity, in your hometown, for your childhood team, is a dream come true.
The #Rockets have announced that Gretchen Sheirr will replace Tad Brown as President of Business Operations. She has spent the last 20 years with the organization. pic.twitter.com/eBNy7hLjBL
— Cayleigh Griffin (@cayleighgriffin) May 19, 2021
Sheirr, who recently finished her 20th season with the Rockets, began as an account executive and worked her way up the ranks, becoming the team’s Senior Director of Ticket Sales, Vice President of Sales & Services, Chief Revenue Officer (CRO) and eventually COO.
As CRO, Sheirr oversaw all ticketing and suites sales, services and operations for the Rockets and Toyota Center as well as corporate development and business strategy. In her expanded role as COO, all business departments reported directly to Sheirr.
Between Gretchen, Rafael Stone, and Stephen Silas, the #Rockets now have one of the NBA's most diverse leadership teams. https://t.co/uhav4fS24v
— Ben DuBose (@BenDuBose) May 19, 2021
Early in her career, Sheirr spearheaded the implementation of a private-label ticketing venture, now known as AXS Ticketing, which garnered success for both the Rockets and Toyota Center. Her comprehensive understanding of ticketing strategy and ability to forecast industry opportunities along with a commitment to digital innovation and fostering strong relationships within the Houston business community have been vital to the organization’s success.
A native of Spring, Texas, Sheirr graduated from Louisiana State University with a degree in marketing. She was a four-year letter winner as a diver for LSU. In 2017, she was named one of Sports Business Journal’s Forty Under 40, which annually recognizes the top young professionals in sports business.
Sheirr is a founding board member of WISE Houston and is a member of the Executive Women’s Partnership. She and her husband, Ken, have twins, Zachary and Jordan, and live in The Woodlands.
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🚀 Houston Rockets owner Tilman J. Fertitta today announced Gretchen Sheirr has been promoted from Chief Operating Officer (COO) to President of Business Operations.
Details: https://t.co/Np6biiMn5U pic.twitter.com/Dk8zYWKBH0
— Houston Rockets (@HoustonRockets) May 19, 2021
Report: Tilman Fertitta vows to stay out of Rockets’ rebuilding plan
“I hate losing so much I’m totally staying out of it, because I’m scared that I can make the wrong decisions,” Fertitta said.
The Houston Rockets (15-46) currently have the NBA’s worst record in the 2020-21 season, and there’s no immediate hope on the horizon for a better 2021-22 campaign. But as owner Tilman Fertitta sees it, these two seasons could be part of the price to pay for a better long-term future.
In an interview with Brian T. Smith of the Houston Chronicle, Fertitta endorsed the longer-term rebuild seemingly put in place by general manager Rafael Stone. Among his comments:
It’s really, really hard because I am competitive and I hate to lose. But my people, including Tad (Brown) and (Rafael Stone) and even my son Patrick, just (say) the biggest mistake you can make right now is use all these picks to be a .500 club, because you’re never able to be a championship caliber club. But I hate losing so much I’m totally staying out of it, because I’m scared that I can make the wrong decisions. I want to win today. I just have to (stay out of it) because they’re right and they just gave me examples and examples.
Stone has identified Kevin Porter Jr., Christian Wood, Jae’Sean Tate, and KJ Martin as Houston’s “young core” for developmental purposes. In Fertitta’s interview, he indicated that he understands that perspective.
You’ve got to remember on Kevin Porter, he’s 20 years old. None of your superstars are great at 20. Go back and look at James Harden at 20. …
Are we going to be a championship team next year? No, we are not, OK? And I don’t even know that we’ll challenge for the playoffs next year. This is what they’re telling me. We can’t be stupid. Sometimes you’ve got to bide your time. You have to be patient, and you have to make good decisions.
The Rockets have the second-most picks of any NBA team in the first round of the next seven drafts, trailing only Oklahoma City. Unless many of those picks are traded for more established players, that would seemingly signal a commitment to a rebuilding process, since any prospects would need to be given time to develop and improve.
The complete interview can be read in the Houston Chronicle.
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Fertitta on #Rockets’ future: “Are we going to be a championship team next year? No, we are not. We can’t be stupid … and sometimes you’ve got to bide your time.” https://t.co/Vi722Fwrog #NBA
— Brian T. Smith (@ChronBrianSmith) April 25, 2021
Rockets CEO Tad Brown stepping down, replacement to be named soon
“It’s time to move on. It’s been the greatest honor of my professional life to lead this organization. It’s been the ride of a lifetime.”
Tad Brown will step down as CEO of the Houston Rockets at the conclusion of the 2020-21 season, he announced Friday. Brown has spent nearly 20 years with the team and has been in the CEO role since October 2006, making him one of the franchise’s most long-standing executives.
Brown indicated at Friday’s news conference that the rest of the organization’s current leadership team, including owner Tilman Fertitta, general manager Rafael Stone, and head coach Stephen Silas would remain in place. Brown noted that there was a succession plan in place for his CEO position, adding that it would be announced “very soon.”
“It’s time to move on,” Brown told reporters in his introductory comments on Friday. “It’s been the greatest honor of my professional life to lead this organization. It’s been the ride of a lifetime.”
“I think I’ve always had a pretty good ability to feel the room, and kind of understand what will be in the organization’s best interest,” he added.
Here’s a sampling of what else was said and learned at Friday’s shocking news conference from Toyota Center.
Rockets CEO Tad Brown announces that he will be transitioning out of his position at the end of the season.
— Cayleigh Griffin (@cayleighgriffin) April 23, 2021
"It's time to move on, and it's time to take on other adventures."
Brown calls it the greatest honor of his lifetime, to have had this job.
— Ben DuBose (@BenDuBose) April 23, 2021
"(Tilman) and his son Patrick will be incredible stewards for this team moving forward"- Tad Brown
— Adam Spolane (@AdamSpolane) April 23, 2021
"It's a really bittersweet time for me, but I'm excited about the future." – Rockets CEO Tad Brown
— Brandon Kyle Scott (@brandonkscott) April 23, 2021
Tad Brown on stepping down: 'I feel it's the right time. I think I've always had a pretty good ability to feel the room and kind of understand what will be in the organization's best interest."
— Salman Ali (@SalmanAliNBA) April 23, 2021
With Tad Brown's exit from the Rockets the Les Alexander era is officially over
— Adam Spolane (@AdamSpolane) April 23, 2021
Tad Brown announced he’s “transitioning” out of his role as CEO of the Rockets effective end of the season: “It’s been the ride of a lifetime.” pic.twitter.com/WTEW8xmXeB
— Mark Berman (@MarkBermanFox26) April 23, 2021
Tad Brown notes he and Yao Ming joined the Rockets during the same week
— Adam Spolane (@AdamSpolane) April 23, 2021
Tad Brown says he's been thinking of an exit strategy for over a year now, then really approached Tilman Fertitta with the idea over the holidays.
— Brandon Kyle Scott (@brandonkscott) April 23, 2021
Tad Brown has mentioned Rockets Chief Revenue Officer Gretchen Sheirr multiple times during this presser. He referred to her as his right hand over the last 15 years and he says she has a great relationship with Tilman and Patrick Fertitta
— Adam Spolane (@AdamSpolane) April 23, 2021
Tad Brown on leaving as CEO of the Rockets effective end of the season: “It’s very emotional as you can imagine. This is my heart and soul. This is my life..This is something that’s gonna be a part of my heart and soul for the rest of my life..It’s the right thing to do.” pic.twitter.com/JPabfXcQrF
— Mark Berman (@MarkBermanFox26) April 23, 2021
Tad Brown: “It was a really challenging fall. … The people who left meant a lot to me.”
His departure comes on the heels of the exits of Mike D’Antoni, Daryl Morey and James Harden. https://t.co/hQtzXpbOEo
— Tim MacMahon (@espn_macmahon) April 23, 2021
Tad Brown on whether his decision had any connection to the #Rockets ownership change: "This has nothing to do with ownership. This is one of the most uniquely selfish things I've ever done." #Rockets
— Ben DuBose (@BenDuBose) April 23, 2021
That's your opinion. It is not Tad Brown's. "This has nothing to with ownership. This is one of the most uniquely selfish things I've ever done. This isn't about Tillman. Tillman has been fantastic about everything we needed. I would hope people would not go there."
. https://t.co/h7Q5DlLHUr— Jonathan Feigen (@Jonathan_Feigen) April 23, 2021
With Tad Brown stepping down as Rockets CEO, he says his successor will be announced soon. pic.twitter.com/UCNDIoVBnG
— Mark Berman (@MarkBermanFox26) April 23, 2021
Tilman Fertitta bought the Houston Rockets three and a half years ago. The team he got won 65 games and was a hamstring away from a title in his first season.
Since then, the team has lost all five starters, the head coach, the GM and the CEO.
This is definitely his team now.
— ClutchFans (@clutchfans) April 23, 2021
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Rockets celebrate first Pride Night game at Toyota Center
Houston had planned to debut the annual Pride Night celebration in April 2020, but that game was scrapped due to the COVID-19 pandemic.
The Houston Rockets held their first Pride Night at Wednesday’s home game versus Indiana, presented by Adidas and held in alliance with the Greater Houston LGBT Chamber of Commerce.
The Rockets had originally planned to debut the annual event on April 2, 2020, but that game was scrapped due to the COVID-19 pandemic. “Embracing inclusivity is something our team believes in strongly,” Rockets CEO Tad Brown told OutSmart Magazine in February 2020.
“It is our responsibility to celebrate all members of our community, including LGBTQ fans,” added Brown, who cited “overwhelming support” from owner Tilman Fertitta. “Pride Night will provide an experience that shows how much we support and appreciate them.”
According to Houston-based OutSmart, Golden State became the first NBA franchise to host a Pride Night during the 2017-18 season.
Other NBA teams to have hosted a pride night since then include the Los Angeles Lakers, New York Knicks, Boston Celtics, Milwaukee Bucks, Phoenix Suns, Los Angeles Clippers, and Miami Heat.
A sampling of Houston’s Pride Night activities at Toyota Center is available below. The organization also hosted virtual panel event earlier in the day focused on LGBTQ+ inclusion in sports and the workplace.
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Tonight we celebrate Pride Night @ToyotaCenter.
Shop our #Rockets Pride collection now!
🏳️🌈 https://t.co/EN18l3lqvN pic.twitter.com/jiMxYyIZWK
— Houston Rockets (@HoustonRockets) April 14, 2021
Coming to the @HoustonRockets game tonight? Grab a piece of Pride cake located at Sections 102, 113, 114, 408 and 427! #RocketsPrideNight pic.twitter.com/QTMaxfkfaC
— Toyota Center (@ToyotaCenter) April 14, 2021
Countdown to our #LGBTQ inclusion virtual panel event, "LGBTQ+ Inclusion: Sports + Workplace," in collaboration with the @HoustonRockets . The program starts at noon (networking is open at 11:30 a.m.). You can still join us! Register at https://t.co/Vy04xQdxW3 🏀🏳️🌈 pic.twitter.com/1mkX9pS4BI
— Greater Houston LGBT Chamber (@HoustonLGBTCoC) April 14, 2021
🏳️🌈 Pride Night X #WallpaperWednesday pic.twitter.com/mWGAVUc4xa
— Houston Rockets (@HoustonRockets) April 14, 2021
James Harden appreciates ‘standup guys’ in Houston front office
“They could’ve traded me anywhere, but those are some standup guys over there,” Harden said of the Rockets. “It ended up the right way.”
In addition to the significant draft capital acquired by the Rockets as part of the blockbuster trade sending James Harden to the Brooklyn Nets, there’s also a potential intangible benefit to the franchise in the years ahead. By working with Harden to trade him to his preferred destination, Houston may have showcased its credentials as a player-friendly organization to other superstars and players around the league.
During his introductory press conference in Brooklyn, Harden referred to the Rockets as an “unbelievable organization” and said he appreciated them working with him throughout the process. “Credit to the Houston Rockets, who are an unbelievable organization,” he said. “They worked with me, as bad it looked from the outside. I’m very appreciative.”
Approximately one month later, in a new interview published Friday by ESPN’s Rachel Nichols, that sentiment remains unchanged. Here’s what Harden said regarding the drama of his final weeks in Houston, and whether he would make any changes in hindsight.
No. I wasn’t trying to be disrespectful. I wasn’t trying to be selfish. I feel like the front office knew where I stood, and what I wanted. I apologize how for it went down, but I guess I had to do what I had to do, in order to get to where I wanted to go.
Credit to Houston. They didn’t necessarily have to trade me to Brooklyn. They could have traded me anywhere, but those are some standup guys over there. It ended up the right way, I just didn’t like how that month or two played out.
James Harden sits down & opens up about his new role in Brooklyn, what he didn't like about his departure from Houston, and the Nets' championship chances: "We're more than confident that it's going to be difficult for a team to beat us four times in a best-of-seven series." pic.twitter.com/rZKkwFs1jg
— Rachel Nichols (@Rachel__Nichols) February 12, 2021
After Harden’s initial trade demand in November went unfulfilled, Rockets owner Tilman Fertitta worked to defuse the situation by reportedly assuring Harden of an eventual deal — which new GM Rafael Stone executed on Jan. 13. Fertitta then publicly thanked Harden for his years of success with the team. Harden also had a close relationship over his eight-plus years in Houston with veteran CEO Tad Brown.
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Despite the turbulent 2020 offseason, which included trade requests by Harden and co-star Russell Westbrook, Houston’s front office was able to secure a deal in free agency with rising star Christian Wood. Now, with the future draft capital acquired from the Harden trade, Stone’s front office should be well positioned to eventually strike on the trade market, if and when the next disgruntled star becomes available.
The question, of course, is whether the franchise will be viewed as desirable enough for those stars to use Harden’s template and position themselves for a move to the Rockets. The answer likely depends on a number of variables, including Wood’s development, but the strong reputation of Houston’s front office appears to be a good starting point.
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