Jeff Moorad: Difference between revisions
Became is more accurate language, as Moorad pioneered the ownership group from its beginning. |
Thank you, Bagumba for pointing out that Moores sold as well. This is correct. Language Change: Active Perspective of Moorad, rather than passive voice purchase by Fowler group. |
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===San Diego Padres=== |
===San Diego Padres=== |
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In 2009, Moorad became the lead partner in a group that would buy the [[San Diego Padres]] from [[John Moores (baseball)|John Moores]]. Moorad and his group of 12 investors (including former [[Dallas Cowboys]] QB [[Troy Aikman]], home builder Al Baldwin, CEO of [[Save Mart Supermarkets]] Bob Piccinini, and [[Panda Restaurant Group|Panda Restaurant]] CEO [[Tom Davin]]) <ref>{{cite web|url=http://hardballtalk.nbcsports.com/2010/08/10/padres-owner-jeff-moorad-payroll-aint-everything/}}</ref><ref>[http://www.sandiego6.com/news/local/story/A-Padres-Dozen-New-Ownership-Group-Introduced/6TJC6AOQ5UuadmRpNsQ7_w.cspx A Padres Dozen: New Ownership Group Introduced]{{dead link|date=April 2013}}</ref><ref>[http://www.nbcsandiego.com/news/sports/New-Padres-Owners-Take-the-Field.html New Padres Owners Take the Field]</ref> began purchase of the team with Moorad serving as club CEO and Vice-Chairman. During this time, Moorad also purchased the Portland Beavers Triple-A team, the Padres minor league affiliate.<ref>{{cite web|url=http://www.sportsbusinessdaily.com/Daily/Issues/2010/11/Issue-39/Franchises/Moorad-Completes-Deal-To-Buy-Move-Triple-A-Portland-Beavers.aspx}}</ref> By January 2012, Moorad and his group held 49% ownership of the Padres when MLB deferred voting on their approval for the group to complete the sale with Moores.<ref name=krasovic/> After the record sale of the Dodgers in 2012, Moorad and his group saw the perfect opportunity to sell the Padres, and withdrew their bid to gain ownership control of the team.<ref>{{cite web|url=http://espn.go.com/mlb/story/_/id/7797028/san-diego-padres-owner-john-moores-hires-bankers-sell-team}}</ref> <ref>{{cite web|url=http://msn.foxsports.com/mlb/story/san-diego-padres-for-sale-again-john-moores-CEO-jeff-moorad-resigns-dodgers-bidders-may-show-interest-032212}}</ref><ref name=krasovic>{{cite news |last=Krasovic|first=Tom|title=How the Padres ownership deal fell apart|date=April 4, 2012|newspaper=U-T San Diego|url=http://www.utsandiego.com/news/2012/apr/04/how-the-padres-deal-fell-apart/?print&page=all|archiveurl=http://www.webcitation.org/66k2j9YzZ|archivedate=April 7, 2012}}</ref> In March 2012, Moorad stepped down as CEO of the Padres, but remained with the team as Vice-Chairman.<ref>{{cite news |title=Jeff Moorad steps down as CEO |author= |url=http://espn.go.com/mlb/spring2012/story/_/id/7723773/jeff-moorad-steps-ceo-san-diego-padres |newspaper=[[ESPN]] |date=22 March 2012 |accessdate=30 March 2012}}</ref> |
In 2009, Moorad became the lead partner in a group that would buy the [[San Diego Padres]] from [[John Moores (baseball)|John Moores]]. Moorad and his group of 12 investors (including former [[Dallas Cowboys]] QB [[Troy Aikman]], home builder Al Baldwin, CEO of [[Save Mart Supermarkets]] Bob Piccinini, and [[Panda Restaurant Group|Panda Restaurant]] CEO [[Tom Davin]]) <ref>{{cite web|url=http://hardballtalk.nbcsports.com/2010/08/10/padres-owner-jeff-moorad-payroll-aint-everything/}}</ref><ref>[http://www.sandiego6.com/news/local/story/A-Padres-Dozen-New-Ownership-Group-Introduced/6TJC6AOQ5UuadmRpNsQ7_w.cspx A Padres Dozen: New Ownership Group Introduced]{{dead link|date=April 2013}}</ref><ref>[http://www.nbcsandiego.com/news/sports/New-Padres-Owners-Take-the-Field.html New Padres Owners Take the Field]</ref> began purchase of the team with Moorad serving as club CEO and Vice-Chairman. During this time, Moorad also purchased the Portland Beavers Triple-A team, the Padres minor league affiliate.<ref>{{cite web|url=http://www.sportsbusinessdaily.com/Daily/Issues/2010/11/Issue-39/Franchises/Moorad-Completes-Deal-To-Buy-Move-Triple-A-Portland-Beavers.aspx}}</ref> By January 2012, Moorad and his group held 49% ownership of the Padres when MLB deferred voting on their approval for the group to complete the sale with Moores.<ref name=krasovic/> After the record sale of the Dodgers in 2012, Moorad and his group saw the perfect opportunity to sell the Padres, and withdrew their bid to gain ownership control of the team.<ref>{{cite web|url=http://espn.go.com/mlb/story/_/id/7797028/san-diego-padres-owner-john-moores-hires-bankers-sell-team}}</ref> <ref>{{cite web|url=http://msn.foxsports.com/mlb/story/san-diego-padres-for-sale-again-john-moores-CEO-jeff-moorad-resigns-dodgers-bidders-may-show-interest-032212}}</ref><ref name=krasovic>{{cite news |last=Krasovic|first=Tom|title=How the Padres ownership deal fell apart|date=April 4, 2012|newspaper=U-T San Diego|url=http://www.utsandiego.com/news/2012/apr/04/how-the-padres-deal-fell-apart/?print&page=all|archiveurl=http://www.webcitation.org/66k2j9YzZ|archivedate=April 7, 2012}}</ref> In March 2012, Moorad stepped down as CEO of the Padres, but remained with the team as Vice-Chairman.<ref>{{cite news |title=Jeff Moorad steps down as CEO |author= |url=http://espn.go.com/mlb/spring2012/story/_/id/7723773/jeff-moorad-steps-ceo-san-diego-padres |newspaper=[[ESPN]] |date=22 March 2012 |accessdate=30 March 2012}}</ref> In August 2012, Moorad and his group, along with John Moores the Padres for $800 million.<ref name=center_08162012/><ref>{{cite news|ltitle=Padres sale agreement in place|date=August 7, 2012|work=ESPN.com|agency=Associated Press|url=http://espn.go.com/mlb/story/_/id/8242369/group-led-peter-omalley-reaches-agreement-buy-san-diego-padres|archiveurl=http://www.webcitation.org/6FuR6PiXs|archivedate=April 15, 2013|deadurl=no}}</ref><ref name=center_08162012>{{cite news|last=Center|first=Bill|title=MLB approves sale of Padres|date=August 16, 2012|newspaper=U-T San Diego|url=http://www.utsandiego.com/news/2012/aug/16/mlb-approves-sale-padres/?print&page=all|archiveurl=http://www.webcitation.org/69zL42eok|archivedate=August 17, 2012|deadurl=no}}</ref> |
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==Entertainment Business== |
==Entertainment Business== |
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Revision as of 03:29, 16 April 2013
Jeffrey S. Moorad is the former owner of the San Diego Padres and Arizona Diamondbacks of Major League Baseball (MLB), and is also a former sports agent.
Player Representation
Jeff Moorad began specializing in athlete representation in 1983, with his main focus on Major League Baseball. Moorad signed Will Clark and four other members of the United States national baseball team team in the 1984 Summer Olympics, each of whom were Top 10 draft choices. He then joined forces with Leigh Steinberg in 1985, covering both Major League Baseball and the National Football League. The duo negotiated more than $3 billion in athlete contracts throughout their 18 years together, including representing Pro Football Hall of Famers Steve Young, Troy Aikman, Warren Moon and Thurman Thomas.[1] Moorad was also the negotiator for Manny Ramirez, Eric Karros, Ivan Rodriguez, Mo Vaughn, Shawn Green, and Raul Mondesi, among others.[2]
Moorad represented more than 40 first-round selections from baseball’s annual First Year Player Draft in his practice, highlighted by breakthrough deals for No. 1 overall selections Darin Erstad (1995) and Pat Burrell (1998), both draft records at the time. The two sold 'Steinberg & Moorad' in October 1999 to Assante Sports Management Group, a Canadian financial-management firm, for a reported $120 million.[3]
Moorad was named to The Sporting News’ 100 Most Powerful People in Sports on eight occasions.[4]
Major League Baseball
Arizona Diamondbacks
In 2004, Moorad agreed to a proposal to become an owner and CEO of the Arizona Diamondbacks. While with Arizona, Moorad was a General Partner, Chief Executive Officer, the spokesman for the D-backs’ ownership group, and oversaw the day-to-day operations of the franchise.[5]
San Diego Padres
In 2009, Moorad became the lead partner in a group that would buy the San Diego Padres from John Moores. Moorad and his group of 12 investors (including former Dallas Cowboys QB Troy Aikman, home builder Al Baldwin, CEO of Save Mart Supermarkets Bob Piccinini, and Panda Restaurant CEO Tom Davin) [6][7][8] began purchase of the team with Moorad serving as club CEO and Vice-Chairman. During this time, Moorad also purchased the Portland Beavers Triple-A team, the Padres minor league affiliate.[9] By January 2012, Moorad and his group held 49% ownership of the Padres when MLB deferred voting on their approval for the group to complete the sale with Moores.[10] After the record sale of the Dodgers in 2012, Moorad and his group saw the perfect opportunity to sell the Padres, and withdrew their bid to gain ownership control of the team.[11] [12][10] In March 2012, Moorad stepped down as CEO of the Padres, but remained with the team as Vice-Chairman.[13] In August 2012, Moorad and his group, along with John Moores the Padres for $800 million.[14][15][14]
Entertainment Business
Moorad was the baseball technical consultant for the Universal motion picture “For Love of the Game” and had a cameo appearance in the movie.[16]
Moorad and Steinberg both appeared in and served as technical consultants to director Cameron Crowe in the 1996 Oscar-winning picture “Jerry Maguire.” Moorad and Steinberg were the inspiration behind the Jerry Maguire character played by Tom Cruise.[17]
Other Business
Moorad currently serves as Vice-Chairman and Chief Negotiation Officer of CEATS, a unique patent-protected interactive software application for online ticketing that provides an online solution.[18]
Moorad formerly served on the Board of Directors for Oakley, Inc., until the sale of the company to Italian manufacturer, Luxottica. Moorad also served on the Board of Directors for Citizen Sports Network, a sports entertainment company, until its sale to Yahoo! in 2010.[19]
In 2006, Moorad ventured into the sport of NASCAR, purchasing Hall of Fame Racing from Roger Staubach and Troy Aikman.[20]
Community Work
The former President and CEO of Moorad Sports Management, his firm did not stop at athlete representation as Moorad guided it into a variety of sports technology ventures, publishing projects and charitable community projects. Consistent with his civic commitment, Moorad helped his clients understand the responsibility of serving as role models in the community, encouraging them to contribute millions of dollars to community programs, including their own non-profit foundations and alma maters. Leading by example, Moorad endowed a $100,000 scholarship to his alma mater UCLA, where he also taught a “Business of Sports” class at UCLA’s Anderson School of Management in the Winter Quarter of the 2012-2013 school year.
In February 2012, Moorad committed $5 million to his alma mater Villanova University School of Law for the creation of The Jeffrey S. Moorad Center for the Study of Sports Law, one of only a handful of institutes in the U.S. dedicated to the study of sports law. The new Center will prepare students for careers in amateur and professional sports through rigorous academic study, innovative programs, internship opportunities, scholarship and research.
He and his wife, Jan, were also the honorary chairpersons for Childhelp USA’s Childhelp Drive the Dream Gala. He has also been very active in the California Coast and Arizona Chapters of the Young Presidents’ Organization (YPO), a worldwide peer network that creates better Presidents and CEOs through education and idea exchange.
Moorad is also active in helping to raise funds to find a cure for amyotrophic lateral sclerosis, more commonly known as Lou Gehrig’s disease, through Augie’s Quest. The foundation is named after his good friend Augie Nieto, who was diagnosed with ALS in 2005 after he became one of the most successful innovators in the U.S. fitness industry as the founder, Chairman and CEO of Life Fitness. Moorad helped link Augie’s Quest to the Muscular Dystrophy Association, where he serves as a Vice President, as well as serving on the board of fast-track research funding at Phoenix-based Translational Genomics Research Institute (TGen), where scientists have already made significant research breakthroughs in less than four years.
Education
An Assyrian American native of Modesto, California, Moorad earned an Associate in Arts degree from Modesto Junior College in 1976, where he served as Student Body President, a degree in Political Science (B.A.) in 1978 from UCLA, then received his law degree from Villanova University School of Law (J.D.) in 1981. [21]
See also
References
- ^ http://mlb.mlb.com/sd/team/exec_bios/moorad.jsp.
{{cite web}}: Missing or empty|title=(help) - ^ http://mlb.mlb.com/sd/team/exec_bios/moorad.jsp.
{{cite web}}: Missing or empty|title=(help) - ^ ESPN The Magazine: "Crash Landing"
- ^ http://mlb.mlb.com/sd/team/exec_bios/moorad.jsp.
{{cite web}}: Missing or empty|title=(help) - ^ http://mlb.mlb.com/sd/team/exec_bios/moorad.jsp.
{{cite web}}: Missing or empty|title=(help) - ^ http://hardballtalk.nbcsports.com/2010/08/10/padres-owner-jeff-moorad-payroll-aint-everything/.
{{cite web}}: Missing or empty|title=(help) - ^ A Padres Dozen: New Ownership Group Introduced[dead link]
- ^ New Padres Owners Take the Field
- ^ http://www.sportsbusinessdaily.com/Daily/Issues/2010/11/Issue-39/Franchises/Moorad-Completes-Deal-To-Buy-Move-Triple-A-Portland-Beavers.aspx.
{{cite web}}: Missing or empty|title=(help) - ^ a b Krasovic, Tom (April 4, 2012). "How the Padres ownership deal fell apart". U-T San Diego. Archived from the original on April 7, 2012.
- ^ http://espn.go.com/mlb/story/_/id/7797028/san-diego-padres-owner-john-moores-hires-bankers-sell-team.
{{cite web}}: Missing or empty|title=(help) - ^ http://msn.foxsports.com/mlb/story/san-diego-padres-for-sale-again-john-moores-CEO-jeff-moorad-resigns-dodgers-bidders-may-show-interest-032212.
{{cite web}}: Missing or empty|title=(help) - ^ "Jeff Moorad steps down as CEO". ESPN. 22 March 2012. Retrieved 30 March 2012.
- ^ a b Center, Bill (August 16, 2012). "MLB approves sale of Padres". U-T San Diego. Archived from the original on August 17, 2012.
{{cite news}}: Unknown parameter|deadurl=ignored (|url-status=suggested) (help) - ^ ESPN.com. Associated Press. August 7, 2012 http://www.webcitation.org/6FuR6PiXs. Archived from the original on April 15, 2013.
{{cite news}}: Missing or empty|title=(help); Unknown parameter|deadurl=ignored (|url-status=suggested) (help); Unknown parameter|ltitle=ignored (help) - ^ http://www.bloomberglink.com/people/jeff-moorad/.
{{cite web}}: Missing or empty|title=(help) - ^ http://bleacherreport.com/articles/120572-who-is-jeff-moorad.
{{cite web}}: Missing or empty|title=(help) - ^ http://www.businesswire.com/news/home/20121002006477/en/CEATS-Appoints-Sports-Industry-Veteran-Noted-Businessman-Jeffrey.
{{cite web}}: Missing or empty|title=(help) - ^ http://mlb.mlb.com/sd/team/exec_bios/moorad.jsp.
{{cite web}}: Missing or empty|title=(help) - ^ http://mlb.mlb.com/sd/team/exec_bios/moorad.jsp.
{{cite web}}: Missing or empty|title=(help) - ^ Sports Marketing Association biography[dead link]