User ID
Password
  Forgot User ID
or Register Today!
VegasInsider.com
Follow Us on Facebook Follow Us on Twitter Follow Us on Google+ VI Mobile Scores and Betting Odds
Home
NFL
NBA
NHL
MLB
NCAA FB
NCAA BK
Golf
Auto Racing
Horses
More
Betting Tools

 
Aron out as 76ers CEO; O'Neil takes over

New Sportsbook.ag customers: Make your 1st bet, get your 2nd bet free, 100%, winnings paid in cash.
Join Now

Already have an account? Click here to view new Exclusive Rewards!

PHILADELPHIA (AP) - Adam Aron stepped down as Philadelphia 76ers CEO on Monday and was replaced by former Madison Square Garden Sports president Scott O'Neil.

Advertisement
Aron will remain on the team's board of directors and said he has increased his ownership stake in the franchise. Aron was part of the group that bought the franchise in 2011.

Led by majority owner Josh Harris and Aron, the new ownership group attempted to win back fans with slashed ticket prices, confetti cannons and other fan-friendly promotions, such as reconnecting with past stars.

Aron tells The Associated Press it was his decision to step aside as he pursues another business interest.

``It's a move of my making,'' he said. ``I wasn't pushed, shoved or asked to go.''

O'Neil, a Villanova graduate, will officially take over July 16. He helped stabilize the New York Knicks after Isiah Thomas left the franchise. He worked as senior vice president for team marketing and business operations for the NBA from 2004 to 2008.

O'Neil was named MSG president in July 2008 and resigned last September. He oversaw the business operations of the Knicks, New York Rangers, and New York Liberty.

O'Neil also has local ties from his job as vice president of sales with the Philadelphia Eagles. He started his career as a marketing assistant for the New Jersey Nets.

The Sixers are the only NBA team without a coach, more than two months after Doug Collins resigned. The Sixers hired Sam Hinkie away from Houston and named him president and general manager in May. Hinkie traded All-Star guard Jrue Holiday to New Orleans on draft night for the rights to Kentucky center Nerlens Noel, a clear signal a rebuilding effort was officially underway after a 34-48 record last season.

``I think there's a plan from Sam where this team will emerge over the next couple of years to be really competitive,'' O'Neil said by phone. ``Hopefully, it will create a really a sustainable, elite basketball team. I think we've got some good opportunities on the business side to grow alongside the team.''

Hinkie will continue to make the day-to-day basketball decisions.

``I believe we have put in place a dynamic, industry-leading management team that should help position the Sixers for success both on and off the court in the future,'' Harris said.

O'Neil said he was inspired by former Sixers president Pat Croce, who often used motivational stunts like climbing the top of the Walt Whitman Bridge to generate publicity for the team.

``I was marveled with how he captivated the city,'' he said. ``He liked scaling down bridges. Now, that's not me. But do I engage fans? Of course. I'll certainly be a visible face of the franchise for sure. This is about making sure we get every advantage as a basketball group.''

Aron, the former chairman and CEO of Vail Resort, served the last two years as the face of management. He was a constant presence at games, always on Twitter and dreaming up everything from mascot contests to bringing out Big Bella, ``the world's largest T-shirt launcher.''

It was all good fun when the Sixers reached the Eastern Conference semifinals in 2012. But the losses piled up last season after the deal for Andrew Bynum backfired and Aron's rah-rah attitude became an easy target for fed-up fans.

Aron will become chairman and CEO of a new investment fund backed my some members of the Sixers ownership group.

``I could have remained in position as CEO of the 76ers, but this is what I wanted to do,'' he said. ``It was always in my mind to see what I could be doing next with the owners of the Sixers from Day 1. If anything, I accelerated the timetable to move on when the opportunity became real to move on in this new investment role.''

AP NEWS
The Associated Press News Service

Copyright 2014
The Associated Press
All Rights Reserved

  
HEADLINES
News: Updated Rookie Odds
ASA: Fading the Cavs and LeBron
Riley speaks, insists Heat will rebound
Stern sees Sterling saga ending well
Kyrie Irving focused on USA Basketball
Kings' Cousins hopes for Team USA shot
Suns' Tucker faces 'extreme DUI' charge
Mavs sign F Johnson after year in China
Scott sees title contention for Lakers
MORE HEADLINES
 
Why Buy Picks From VegasInsider.com
NBA Pro Basketball Handicapper Sports Picks Records
VegasInsider.com Gold Membership
2013 NBA SEASON PICK RECORDS
Money Leaders
Handicapper Money
Chip Chirimbes + 3067
Paul Bovi + 2374
Kevin Rogers + 2090
Last 7 Day Leaders
Handicapper Money
No Games Last 7 Days  
   
   
Percentage Leaders
Handicapper Pct
Dave Cokin 59 %
Paul Bovi 58 %
Stephen Nover 56 %
Guaranteed Leaders
Handicapper Money
Paul Bovi + 2013
Michael Black + 1848
Kevin Rogers + 1579
Over-Under Leaders
Handicapper Money
Stephen Nover + 1320
Kyle Hunter + 1080
Joe Nelson + 993
Member Leaders
Handicapper Money
Bruce Marshall + 2114
Mike Rose + 1851
Kyle Hunter + 945
MORE PICK RECORDS
  
corner graphic
With a VI Gold Membership, you can SAVE 10% off a Live Odds subscription, SAVE 20% off Daily Pick packages, and receive access to up to 1,000 Member Plays each month!