Dave Checketts

Last updated

Dave Checketts
Dave Checketts, cropped.jpg
Checketts in 2011
Born
David Checketts

1955 (age 68–69)
NationalityAmerican
Alma mater
TitleManaging partner, Checketts Partners Investment Management [1]
SpouseDeb Checketts
Children6

David W. Checketts (born 1955) is an American businessman and sports executive. Checketts has served in c-suite roles or been an owner of the Utah Jazz, New York Knicks, New York Rangers, New York Liberty, Madison Square Garden (MSG), Legends Hospitality, and the St. Louis Blues. [2] He also advised on Tom Gores' purchase of the Detroit Pistons [3] and of Joe Tsai's purchase of the Brooklyn Nets. [4]

Contents

Education

Checketts attended the University of Utah and later earned a master's degree in business administration from Brigham Young University. [5]

Career

Checketts in 2011 David Checketts at Utah Sports Hall of Fame Foundation.jpg
Checketts in 2011

Checketts started his career with the Boston-based consulting firm Bain & Company. [6]

Then in 1983 at age 28, he became the president and general manager of the Utah Jazz, which made him the youngest chief executive in National Basketball Association (NBA) history. He then spent a year as the general manager of NBA International, where he worked to increase the league's presence around the world, including hosting the first regular season games played outside North America. The games took place in Tokyo in 1990. [6]

In 1991, Checketts became president of the New York Knicks. He then advanced to president and CEO of MSG, which owns the New York Knicks, New York Rangers, New York Liberty, MSG Network, Radio City Music Hall, and other properties. Through MSG, Checketts led the 1997 acquisition and renovation of Radio City Music Hall. Checketts is also responsible for founding the New York Liberty in 1997 as one of the original Women's National Basketball Association (WNBA) franchises. Under Checketts' leadership, the New York Knicks went to the NBA Finals in both 1994 and 1999. [6] The team made the playoffs ten straight seasons as well as earning a record 460 straight MSG sellouts. During his tenure, Forbes named the Knicks the most valuable franchise in the NBA and MSG was named Arena of the Year for six straight years.

In 2001, Checketts resigned as president and CEO of MSG and founded SCP Worldwide, a sports consulting and investment entity. [5] Under SCP Worldwide, Checketts founded the Major League Soccer club Real Salt Lake (RSL) in 2005; Checketts is credited with building Rio Tinto Stadium and establishing it as the home of the club. Under his ownership, RSL won the 2009 MLS Championship. Through SCP Worldwide, in 2005 Checketts also acquired the NHL's St. Louis Blues until 2012.

Checketts presenting a team jersey to the President Barack Obama Real Salt Lake at the White 2010-06-04 2.jpg
Checketts presenting a team jersey to the President Barack Obama

Checketts is the managing partner of Checketts Partners Investment Management (CPIM), a private equity firm he founded in 2011. [7]

From 2011 to 2015, Checketts was Chairman and CEO of Legends Hospitality, establishing the hospitality, merchandising and premium ticketing services provider as one of the industry's standard-bearers. [8] CPIM purchased 20% equity in Legends, joining the Dallas Cowboys and New York Yankees as co-owners. [9] Checketts secured contracts with venues such as Angel Stadium, Levi's Stadium, and Manchester City F.C.'s Etihad Stadium to build onto the core Yankees and ATT stadiums. Under Checketts' guidance, Legends designed, built, and now operates One World Observatory at the top of One World Trade Center in New York. The Observatory opened in May 2015 and is a must-visit for locals and tourists alike. [9]

Checketts was an original founding board member of JetBlue and held this role until 2018. [10]

In 2021, Checketts was named Director of Burnley Football Club. With Burnley, Checketts doubles as part owner and investor. [11]

In 2022, Checketts was named to the Utah Sports Hall of Fame. [12]

Personal life

Checketts is a member of the Church of Jesus Christ of Latter-day Saints (LDS Church). In 2007, Checketts was called as president of the church's Yorktown New York Stake, succeeding Gary Crittenden. [13] Checketts was featured in the book The Mormon Way of Doing Business by Jeff Benedict. [14] In July 2018, Checketts began a three-year term of service as president of the LDS Church's England London Mission. [15] During Checketts' mission over 700 missionaries from 54 countries worked together to create open-ended friendship centers. The centers helped refugees from other countries to find jobs and homes while learning English and getting settled in England. The mission coincided with the COVID-19 pandemic but continued to operate uninterrupted. [5]

Checketts served as chairman of the Advisory Board of the Clinical Neurosciences Center at the University of Utah Hospital from 2010 to 2018. [16]

Checketts and his wife, Deb, are the parents of six children. [17] Their son, Spencer, worked as a Radio Host on "The Big Show" on 1280 KZNS (AM). He was also an anchor of Gameday Coverage of Utah Jazz for 1280/97.5 The Zone, NBA Analyst for KJZZ-TV and Root Sports Utah.

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References

  1. ↑ "Managing Partner". Sports Business Journal.
  2. ↑ Araton, Harvey (December 14, 2015). "Dave Checketts Reflects on Tenure With Knicks and Spots Similarities". The New York Times .
  3. ↑ Feldman, Dan (June 27, 2011). "Tom Gores consulting former Knicks president Dave Checketts, Joe Dumars still lead basketball decision-maker". PistonPowered.
  4. ↑ Kosman, Josh; Lewis, Brian (October 16, 2017). "Brooklyn Nets owner eyes outrageous price tag in sale". New York Post .
  5. 1 2 3 Madkour, Abraham. "Dave Checketts returns to his roots". Sports Business Journal. Retrieved July 11, 2022.
  6. 1 2 3 Wise, Mike (March 12, 2000). "Dave Checkett's Game". The New York Times .
  7. ↑ "Managing Partner". Sports Business Journal.
  8. ↑ Muret, Don. "Dave Checketts Leaving Legends Hospitality, Could End Up Returning To Pro Team Ranks". www.sportsbusinessjournal.com. Retrieved July 12, 2022.
  9. 1 2 Soshnick, Scott (September 17, 2015). "Dave Checketts Resigns as Chief Executive of Legends Hospitality". Bloomberg.com. Retrieved July 12, 2022.
  10. ↑ "JetBlue Announces David Checketts to Leave Board of Directors". mediaroom.jetblue.com. April 4, 2018.
  11. ↑ "New Board of Directors Confirmed". burnleyfootballclub.com. January 18, 2021.
  12. ↑ "2022 Utah Sports Hall of Fame". utahsportshalloffame.org.
  13. ↑ "New stake presidents", Church News , 2007-05-26.
  14. ↑ Farmington Patch April 9, 2012
  15. ↑ "Church Announces New Mission Presidents for 2018", LDS.org Church News, LDS Church, February 1, 2018
  16. ↑ Wilcox, Lincoln (February 21, 2018). "Tom Christofferson and Dave Checketts to Speak at University Convocation on Feb. 23 | Southern Virginia University News". Southern Virginia University .
  17. ↑ C. Lewis, Michael (April 16, 2006). "Checketts: Destined for greatness". The Salt Lake Tribune . Retrieved July 12, 2022.
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