28 November 2023

Top 30 Richest NBA Team Owners 2023...#27 is Utah Jazz Owner Ryan Smith @ $1.6B

 


RELATED CONTENT ON THIS BLOG 

31 May 2017

TY Very Much > Nepotism Here In Mesa Is Going Very Well

. . . or should we say 'family-values'? At any rate it's good for some people to have overlapping family connections of one sort or another. You, dear readers, can sort it out.
Both have connections with real estate development, an entrenched political machine, and high-power political affairs consultants and lobbying firms.
Meet Ryan Smith, [son of Ex-Mayor Scott Smith]
Communications and Government Relations Director
Phoenix-Mesa Gateway Airport Authority
April 2017 - present 2 months
He began his climb-up at PMGAA in April 2016 as Assistant to the Executive Director for Inter-Governmental Relations.
From June 2008-April 2016 he was an Account Executive within a company named High Ground, Public Affairs Consultants calling itself Arizona’s Premier Lobbying Firm 
More Experience:
Sep 2007-May 2008 Campaign Manager for his father
Before that - for 3 years and 3 months - he was Regional Vice-President K Hovnanian Homes from July 2004-Sep 2007.
He attended ASU and got a Bachelor's Degree in Political Science 2002-2007
Source: LinkedIn
One item missing on anything in Ryan Smith's work experience is that just about the same time in 2002 he began his studies in Political Science at ASU, Scott Smith and his son started a business: Qualtrics, which conducts online market research, is a prime example of the rapid growth of the Utah economy — and the sense that Utah is straining at the limits of its growth potential.
Scott Smith started the company with his son, Ryan, and a college classmate in his Provo home in 2002. Qualtrics now employs 1,300 people, including about 800 in a new headquarters building opened in August at the mouth of Provo Canyon. And it is bringing workers to Utah as fast as it can. 
Ryan Smith, now the chief executive, said Qualtrics had hired about three dozen graduates from the University of Michigan alone last year. The company estimates that new arrivals bought 100 homes in Provo last year. . . by the end of the year, Mr. Smith said, he expects the company will have more employees outside Utah than in its home state. It is growing where it finds workers.
Source: New York Times May 21, 2017

20 October 2021

SILICON SLOPES SUMMIT Oct 13-14, 2021 in Salt Lake City : THE ENTREPEUNERIAL SPIRIT Ryan Smith and Gail Miller

Last week today - here's just two news-worthy stories that point to shared money relationships between Arizona and Utah. Most readers realize what is being talked about

It’s black and white. Utah Jazz owner Ryan Smith confirms rebrand is a thing

 
Art Raymond: "Utah Jazz owner Ryan Smith shared details, sort of, Wednesday on a rebranding effort first noted by sharp-eyed fans that have been speculating on social media the past few weeks.
> Some of those changes to team assets include the well-known J-note sculpture outside of the Vivint Smart Home Arena, which was repainted in a black-and-white color scheme earlier this week.
>Fans also noticed that in addition to black and white, yellow is also featured very prominently on the team’s official online game schedule for this season. The Jazz practice facility, the Zions Bank Basketball Campus, also recently received a fresh coat of black-and-white paint, covering the long-standing navy blue, gold and green.
Smith, who was onstage with minority co-owner and former NBA star Dwyane Wade at the opening day of the Silicon Slopes Summit, said change is definitely afoot and the new color scheme would be black and white but other combinations, too. . .
> Smith said the team will try new things and “push, push, push” to determine what works and what doesn’t, not just with branding elements like uniform color and fonts but with the whole organization....
Dwyane Wade, part owner of the Utah Jazz, left, and Jazz owner Ryan Smith laugh as they talk about rebranding effort for the team at the Silicon Slopes Summit at the Salt Palace in Salt Lake City on Wednesday, Oct. 13, 2021.
Dwyane Wade, part owner of the Utah Jazz, left, and Jazz owner Ryan Smith laugh as they talk about rebranding effort for the team at the Silicon Slopes Summit at the Salt Palace in Salt Lake City on Wednesday, Oct. 13, 2021.
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The enthusiasm both men shared for the Jazz and where they hope to take the team had the audience at the Salt Palace roaring their approval.

Smith said he and the other owners have had the great fortune to take over a team that was not at all broken, much like their predecessors.

“We’re just grateful to take over a platform that’s setup,” Smith said. “We didn’t come into something that was broken ... we get to take it forward and grow it, like Larry did.” The late Larry Miller bought the team outright in 1986.

TOP STORY June 26,2022            

Gateway Airport opens up 270 acres for development

Phoenix-Mesa Gateway Airport is throwing 270-acres of vacant land into the economic development feeding frenzy taking place in Southeast Mesa.

The airport board signed a deal last week with The Boyer Company to develop Gateway East, a large section of land in the northeast corner of the airport set aside by the airport authority for non-aeronautical development.

The trapezoid-shaped parcel between the airport’s runways and US 24 sits across Ellsworth Road from an area that has been growing at full-steam in recent year with developments such as the Eastmark and Cadence master-planned communities and the 320-acre Bell Bank Park sports complex that opened in January.

At its June 21 meeting, the airport’s board of directors approved a 40-year master development agreement with Boyer, headquartered in Salt Lake City.

> Boyer describes itself on its website as one of the nation’s largest developers in the nation and a full-serve development company and manager of office, retail, industrial, medical, government, and other specialty property types, including schools and residential communities.

> It has developed over 43 million square feet of commercial space since 1972 and has over $700 million of additional development in progress.

The deal envisions a mixed-use commercial area developed in three phases at Gateway East, but the airport authority is giving Boyer freedom to hammer out the details of development. . .

In Boyer’s tentative master plan for the area, 50% of Gateway East would be devoted to industrial uses, 32% to office, 9.5% to retail and 6.25% to hospitality.

By the terms of the federal government’s transfer of the property, which was Williams Air Force base until 1994, the airport can’t sell the land, but it can grant development rights to outside parties.

Communications and Government Relations Director Ryan Smith said the revenue generated for the airport from the Gateway East deal would help the airport expand in the future should demand for services increase.


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