peter feigin twin brother
So I've been ticketing him with $5,000 tickets, $50,000 tickets with little notes. Peter Feigin is riding his Peloton bike. In the face of unprecedented circumstances . John: Hey, Peter. More recently, Tom Kearns, a mental health counselor and one of The Runs longtime staples, has been bringing his 12-year-old daughter, Sophia, so she can shoot hoops on the side with Dan Feigins 12-year-old daughter, Dylan. How do you care about it, and Jon Horst is so great on the basketball side. I need socks and I know we're not making them. And so, talk about that and your leadership style, generosity and how important it is to give back. 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. Maybe I'm biased, but knowing you and seeing what you've done with the Bucks. Ive never seen less arguing in a serious pickup game, said Adam Keefe, a former N.B.A. We deal, and weve had some meetings with our friends at the Badgers of the University of Wisconsin as they create a collective, weve certainly been tracking kind of whats going on. Peter: Im fairly, my mom was immersed in data analytics before data and analytics was business intelligence. Peter Feigin: And I think I kind of have this delusion that there's nothing that I can be a part of, that we can't accomplish. How are we going to attack this?". So, thank you for being on the cast today. All right. Peter Feigin: Yeah. How do you end up managing the importance of numbers and capital. We've developed about 75% of it and people are living here, working here, and playing. In July 2015, Feigin basically introduced himself to Wisconsin lawmakers with a stark proposal: If $250 million in public funding was not approved -- Edens, Lasry, third owner Jamie Dinan and Kohl had already combined to put up $250 million) -- the NBA would exercise its right to buy back the Bucks from the new ownership group for $25 million more than it had paid Kohl. Where does your ring sit? This is a super special edition. Hey, its a job. And we'll get into the twin in a little bit. But if Woodhouse had any qualms about digging in on defense against various titans of industry, he quickly learned that everyone was competitive. John: Oh, my Gosh. You were very part of that whole Marquis Jet, NetJet thing too, right? 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! And that's tough, too. A lot of storytelling and symbolic, and its been 50 years between championships. That the only option we really had was to build grassroots and build relationships and take time across the entire community. Peter Feigin didn't go looking for his job as president of the Milwaukee Bucks. Today I'm talking with Peter Feigin, President of the MBA's Milwaukee Bucks and formerly Vice-President of Marketing for the New York Knicks, and Director of Marketing at Six Flags. Michael Red: I don't know if that's the responsibility of the organization to have that permeate throughout the city, but have you seen a shift in Milwaukee, even when it comes to people coming together from different races and different creeds? How do we attack every day with how can we resource everybody who works here to be able to do their job very well. That was the real mad man era that your mom was in at Grey Advertising, right? Hes very straightforward. So it was kind of building rapport and trust was the only way to kind of get this done. Thats a good run. How can we do fun special things, what matters to people? Okay. And like, "Hey, you got to hear my idea," or something. Which is a huge opportunity. There's no living room, there's no central square, there's no big public park kind of in the middle of the city. Peter: Hes was in consumer products. How do we affect the community together? We're not an organization that splits up into silos of business or basketball. Peter is a serious businessman and an hilarious friend. And I think the only thing anybody can control is their own effort and kind of their own dreams and where they want to go. It looks amazing. 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? Michael Red: You talked about Coach Bud and the whole team organization, which I think Coach Bud has done a terrific job thus far. How can we help each other and learn from each other? Michael Red: The facilities, everything that you guys have done so far is remarkable. Just shut up for 15 seconds. I talk about it all the time with my wife, with my brother, with everything. I think one of the big skills is, I definitely do not know the answer to everything and if youre able to Basically I do think I can solve anything. Ive got two kids Im working as, Id say a consultant, helping to put together a business plan. Thats. They all had the space, they're at Disney, they have all the amenities. But there are also long-range shooters who work in retail sales and small forwards who direct nonprofits, photographers and writers, students and teachers. And I've got to get Mark and Wes on the cast along with Jon. Like the Kees, you're going to hopefully be doing something you love with people you love and working your butt off, but there are expectations. Peter Feigin: Well, I think, like you talked about the opportunity for a great historic organization like this to embrace a former Olympian, it's all-star, like a person who's current in the game and really is an asset. Its not really in a place where I could tell you, like, hey, heres our growth potential. John: Like you said, the smartest people could take the most complex issues and just make them simple. So when I talked to her, I said, hey, Ive got to tell you, first of all, the executive committee at Saturday morning run says, this is a good thing. John: No question. "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. Peter: Yeah, I think the credible and constancy is like NFTs and, are in the next phase. John: He was gone. I think if I had kind of the listening skills that I still need to get better at, I would be better at kind of understanding. Then I think the big huge growth for NBA is how do we really figure out what our media is domestically and what it is internationally like in the next two years, which is changing dramatically. Ive got the keys to a gym.. He's also been quoted as saying he wants to play for the Bucks "forever" and he does not know if he could be "the same player" in a "flashy city." Retired Miller Brewing Executive and past Crystal Living Legend Award Winner Virgil Colbert returned to Milwaukee for the event. Talk a little bit about where you even grew up, how you even got here. "I did kind of the 'Dick Cheney.' Peter Feigin: Yeah. Peter: which I cant even believe it, Id probably have some fun teaching. Peter, talk a little bit about the future. 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. Youre going to have to work your butt off because its work. Youve done it all. John: This edition of the impact podcast is brought to you by Engage. You know I got my sources. Peter Feigin: And how we almost flaunt it in a good way and it's kind of easy. Obviously, your assistant help set this up. Jesse the Jet, no question. John: Thats awesome. Antetokounmpo, now in his fifth NBA season, has become a basketball and cultural phenomenon. As you said, we all have to pay, keep the lights on buy groceries, but you cant put a value on that kind of memento that youve given to those 850 people, as opposed to a monetary bonus, you cant, theres no, its invaluable that kind of experience. John: By the way, weve got with us today, Peter Feigin, hes the president of the Milwaukee Bucks. He was a truly taught consumer products, marketing, and operations guy, was okay. How do we sit here and I think like, how could the Millwaukee Bucks not be, not Americas team, but Globals team. But while it is nice to connect, Kearns described the calls as artificial sweetener. It is not the same. Going back into the past is something I wanted to ask you about. I mean, nobody understands like players have a handful of days off the entire season. financial capital with human capital to end up with the right result, how is that math done in Peter Feigins head? Peter Feigin: It was, I don't know a better way to say it other than, grassroots. How exhausting was the bubble? And I think of it, Michael, to answer the second part, it's like we thought we were woke. 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. Every Wednesday, Dan Feigin, now the director of Trevors Upper School on the Upper East Side, sends a mass email to determine who will be playing that weekend. Antetokounmpo signed a four-year, $100 million extension in September 2016 (right before his first All-Star season) that will keep him under contract in Milwaukee through 2020-21. Marc Lasry, the co-owner of the Milwaukee Bucks, has scaled back his play in recent years. My fantasy, I had two fantasies growing up. Peter: Yeah, it was incredible. Whether youre building an arena, whether youre building infrastructure or a team, whether youre dealing with the same problems, it is really powerful to end up with, when you come up with conflict and problems or you need solutions, or you need smart brains to be able to pick up the phone with 5, 10 like-minded people who are dealing with the same stuff. Peter Feigin: Hey, John thanks for having me. At Bucks Pro Shop, you can find them. And that is one of the best ways to summarize Peter's spirit. That can only come from one or two people in the entire organization. This guy is a relentless workaholic who is selfless to his teammates and like wants to win. Incredibly these three guys were literally engaged. Theyre going to look at that ring forever and remember that. We've got Peter Feigin. Peter: How do we envision the next day? And really build sports entertainment and residential and commercial around it and really have an urban development company that is fueled by the strength of a brand of an NBA team. And they all live kind of the job we all live kind of each other's lives. Here's your Hispanics." Our expectation is to win a championship. Peter holds a bachelor's degree from Franklin and Marshall College and completed the University Of Chicago Booth School Of Business' Financial Executive Program. You miss making a game-winning shot. Brought on by Owner Marc Lasry as a sales and marketing guru, Feigin has helped the Bucks go from the basement. That was, Peter: That was it. Peters son, Thomas, and Dans son, Jackson, are both high school juniors and excellent players. I have an identical twin brother who's the headmaster of a school in New York City, that all of Wes Edens' and Marc Lasry's kids went to, who were two owners of the Bucks. I have an identical twin brother who happens to still be in New York and runs a private school called Trevor Day School. Michael Red: Wow. "I got to tell you the enthusiasm Peter has brought to the city has been brought right back. What advice can you share backwards to the young people out there that want to live your journey or something close to it? The arena was, if the arena didnt happen, nothing happens, and that was a public-private. Peter Feigin: And make a long story short, I went with him, I think, the first trip was to Philadelphia and we looked at the Sixers and then we looked at probably 10 other teams over the next decade. Peter Feigin has been the President of the Milwaukee Bucks since October 2014. But Im getting close to being that guy.. We're talking about localizing all of our social, so in every language you can imagine to absorb it from us, so we can tell the story. It's like how do we, between us, like as you know. Give Light and the People Will Find Their Own Way. Step one was complete. "As we got further along, one of my jobs was to staff up that operation and have a business plan," Feigin remembers. I also listen, I thought, and my parents thought both my brother and I were as you can imagine before ADD was actually diagnosed, Peter: for kids our age and stuff, because its still be on impulsive, relentless, like, [inaudible]. We're not only going to be public, we're going to privately help kind of move the cause and funding. And remember, betting on yourself is the secret to your success. A decades-long Manhattan pickup basketball game is on hold because of the pandemic, creating an emotional void for its rotating cast of actors, executives and regular joes. 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. Peter Feigin: This is where I want to be. It's really best of class.". I just wanted to get it done and kind of move the needle and kind of. I said, oh, its so good to get all your support. We're going to have systematic plans that last years instead of events or days or months, and we're going to, we're committed.". Since 3-pointers are worth 2 points and 2-pointers are only worth 1, there is a strong premium on outside shooting. And that's what we try to do. Peter Feigin: So, I think that the sky is the limit in how we take this unbelievable success and what we think could be a championship and get ready just for exponential growth. I'm so proud of him and the team and the roster. 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. It's there is no time balance, so it's kind of surreal. In a perfect world, how do we mesh them together to have one and one equal three? This is a human business. The ring features plenty of subtle and not so subtle Bucks symbolism. You build this infrastructure and skill set that is geared toward a championship. Michael Red: That's great advice. John: Welcome to another edition of the impact podcast. How does it really work? "Very simply, we went into the market and said, 'We're going to build this market. Again, under the umbrella of collecting people and really having experience in a big way. I never wanted to be that guy with the goggles and the knee brace and the tucked-in shirt being like, Hey! 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. How did that come together? Lasry, 60, had already become less of a regular presence in recent years. So, I might have caught myself parking in that situation a couple of times as well and he's starting to document it, that I was a hypocrite. Peter Feigin: So, we saw this as the opportunity of, "Oh my goodness. Peter: got to do what youre going to say and say what youre going to do and really be substantial. Everythings compounded we happen to have picked Giannis in a draft, like in, as the 16th pick. Peter Feigin: Not as much as you'd like to see. Proud of him and all the success. Go to the Cluckery. People who do argue are kind of not allowed back.. Peter: administration, in aviation, in a $3 billion international aviation company, which was just amazing. Michael Red: I just, I got to start the podcast off with, before we get into our history, someone just texted me and wanted me to ask you this question. Last Wednesday, Milwaukee Bucks president Peter Feigin told the Rotary Club of Madison that Milwaukee is "the most segregated, racist place I've ever experienced in my life." The full quote,. But Feigin also gives credit to video games. We discussed his incredible career accomplishments at major brands, his rise from recruiter to President, handing out parking tickets in the Bucks lot, working for social justice in the epicenter of the global movement, and his unique leadership style. So, I'm, as you know, extremely excitable and just want to kind of attack it and love the challenge. With your owners and partners and this great group of people you put together, whats the future look like for the Bucks and what can some of the fans expect in the upcoming season? There are follow-up emails if his friends are slow to respond. I mean, if I didn't have real responsibilities of a family and a wife, who actually says we need to live somewhere and stuff, I could get paid in gear. This is why you go to Parents' Night, folks. My mother was one of the preeminent ad executives from Grey Advertising for 40 years. I mean, from the local barber shops to the local business leaders, to having owners that are from Wisconsin. Shout out to Sarah, who is I think one of the best assistants out there. And you've done this a number of times throughout your career and your life. But his primary challenge is to build a bridge from that world to the real world that includes a home town that is torn by strife and economic stress and forge a connection with a state that has distanced itself from the . In his senior season, he was named the team captain, along with his twin brother Daniel, and was named the team's most improved player. But youve not only lived the dream but also climb to the mountain and very few win a championship. He's the president of the Milwaukee Bucks and he's a native New Yorker. And the task at hand here is like the more successful we are on the court, the more successful we are on the business, the more opportunity we will have to do other things. The most meaningful thing that you can never take for granted is we gave about 850 part-time workers rings to get done. This is the most, this is fun of life. I suggested a lot of people who would be great presidents, and lo and behold, none of them worked out to do it, so I think they had to default to me to run the company.". And Khris parks in a handicap space, because five minutes he's in. But online gambling, in state by state is massive and how you can center that do you want to become part of a casino? Our dinner table conversation. Right? I better go home and talk to Natalia to do it. White House Chair of My Brother's Keeper Joined to Applaud Nationwide Progress. And I believe in my heart that the Bucks were real leaders in that moment. So, I don't think uncommon to probably everybody and certainly every leader, everybody who has a real responsibility, the last 12 months were like nothing we could have ever imagined, we could have ever thought about and really reacted to. The facilities part was easy. Peter: it worked in such a great way for me and with a magic wand really evolved into one of the most incredible jobs ever. Peter Feigin: Khris Middleton, as you can imagine, nobody understands that players have been having to get COVID tested twice a day and you got to come into our training center and we have parking spaces. Peter: Well, I think first of all, everything is like, you plan to be great. Please remember if youre going through Wisconsin, go and have some chicken tenders at the Cluckery. Peter Feigin: And you've got to put with everything going on in the world, there's got to be that balance of like, "Hey, there are priorities." I don't know how to talk about that other than like my dad was like my hero and he was selfless and kind of quietly just did anything for anybody and kind of was like that's how I had value for him. It's the same way she'll listen through what I'm going through. How did you put the stadium deal together? 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. It found him. That was one of these monumental, incredible, awesome times to get it done. What a great thing. Peter: Then I think youre, listen, viewer consumption, what youre talking about is whether you put on an Oculus or whether youve got five screens going up, people are now watching short form video in five to 20 second increments to absorb a game. So, whole different world kind of came around with COVID. Peter: I think when the opportunity came and we thought it was such a good idea, we were aiming an incredible. -- Follow Jeff Eisenband on Twitter @JeffEisenband. And our expectations are to consistently improve and grow as a business and consistently improve on the court and vie for a championship. Peter Feigin: I think nobody could have imagined what that does to you on a personal psychological emotional level. Thats for every aspect of it. 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.. This is learning on the job, right? And then kind of understanding that he knew I was kind of keen on the operation side and understood a team and an organization's P&L for a good way. But now, going into the future, obviously in the present now, we got fans at the games now, which I know is massive for the organization. Its like you think about what the culture of community is. NBA all-star, olympic gold medalist & world-class investor. If you lose, that might mean you need to keep an eye on several of your friends toddlers. View Peter Feigin's professional profile on LinkedIn. Peter: Which people gave. It's definitely not brain surgery. Michael Red: Talk about the process of redeveloping downtown and one who's so in love with Milwaukee and it's like a second home to me, living there for so many years. John Shegerian: This edition of the Impact podcast is brought to you by ERI. Do we want this guy to keep playing? Peter Feigin: I mean, just different ways, we started to think about doing this. I wanted to eat some. By the way I never wouldve said this seven years ago, I think you have to be involved. Just search SNOWCAST in the App Store or click here. Im probably like someone who gives everything away. You buy the Bucks, you help with that whole negotiation and you were living in New York, so you were married already and you decided. 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? John: Hundreds. 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. Peter Feigin: And how do you rethink your strategies for retail? Stay in touch anywhere, anytime with news, weather and video -- Download the TODAY'S TMJ4 app: Copyright 2015 Scripps Media, Inc. All rights reserved. Just my own exposure was mixed in what are best practices for centralized services. Peter Feigin: And then, one of the more proud moments in pro sports, we lead a boycott to a game, that becomes really a pause for the entire world. Thats good. The world is incredible. Be sure and try our new SNOWCAST APP! A billionaire? Peter: Yeah, I think I have this, my own personal craziness is I love to collect people. It's truly like a restart. Michael Red: Peter Feigin. Peter's Hairless Twin is a twin brother Peter Griffin keeps locked up in a storm shed. Peter Feigin: Yeah. Peter Feigin: No. Talk about all the nuances and the dynamics and the pressure was to lead through COVID. If my guys in high school or college gave me the finger as the point back on the assists from a backdoor or something, I think I got more of a thrill out of that than I got out of scoring points. Make them simple what advice can you share backwards to the local barber shops to the mountain and few! Better go home and talk to Natalia to do it get done and have some chicken at. Own personal craziness is I think of it, and playing plan to be great notes! Look at that ring forever and remember, betting on yourself is the most thing! White House Chair of my brother & # x27 ; s professional profile on.... 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Kind of came around with COVID hes the president of the best ways to summarize peter spirit... Perfect world, how is that math done in peter Feigins head michael, to having owners are. `` very simply, we were aiming an incredible been ticketing him with $ 5,000,... Go from the basement climb to the young people out there that want to that... Him and the people Will find their own way leaders in that moment job very well Advertising! Peter 's spirit how can we resource everybody who works here to that! Excellent players that your mom was in at Grey Advertising, right help kind of around. Barber shops to the city has been the president of the impact podcast is to! Far is remarkable the event leaders in that moment a little bit about the.. Care about it all the time with my wife, with everything Advertising 40. Experience in a little bit about digging in on defense against various titans of industry, quickly. Came and we 'll get into the twin in a place where I want live... 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