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Boston, MA | May 25th 2011
ADDRESS: John B. Hynes Convention Center
LOCATION: 900 Boylston Street [Get Directions]
CHECK-IN: 7:00 AM – 7:40 AM
PROGRAM: 7:45 AM – 9:00 AM
PRICE: $30.00 / Ticket
Register: Click Here
*NOTE: Seats are available on a first come first serve basis - Space is limited
Over the past decade, professional sports teams have played a significant role in shaping the perception of Boston. With multiple championship seasons, Boston has been positioned as one of the best sports areas in the country. But what does this mean from an economic perspective? Have professional sports become a significant economic driver for the city? What industries reap the benefits and what happens in a down year?
The 2011 Boston Globe Business Breakfast will explore the impact of professional sports on the economics of the city. Boston Globe Business Editor Shirley Leung will moderate a panel discussion featuring representatives from the professional sports teams along with others involved with driving revenue through sports.
Business Editor, The Boston Globe
Topics on which writer/editor can comment: Local business
Issues on which writer/editor can comment: Globe 100
Shirley Leung is the assistant managing editor of business news for the Boston Globe and its business editor. She oversees the daily business section, as well as the Real Estate, Careers, and Autos sections. Previously Leung was a senior assistant business editor, overseeing the Sunday Business & Money section as well as daily coverage of consumer, retail and travel news. As Sunday editor, Leung launched a redesigned section in 2004 that emphasizes consumer news and issues. Among the changes she introduced were new personal finance features, as well as columns on shopping and business etiquette.
Prior to the Globe, Leung spent nearly six years at the Wall Street Journal as a reporter in the Boston, Chicago, and Los Angeles bureaus. She covered a variety of topics, including development, small business, transportation, and the restaurant industry. Leung grew up in Bel Air, Md. and began her career as a metro reporter at The Baltimore Sun and the Globe. She is a 1994 graduate of Princeton University with a degree in East Asian Studies and is a proficient speaker of Mandarin.
Leung sits on the New England Media Group's Diversity Council, as well as The New York Times Co.'s Diversity Council. She currently is president of the New England chapter of the Asian American Journalists Association, which will host its 2009 national convention in Boston.
Mayor of Boston
A national leader on neighborhood issues, Mayor Thomas M. Menino believes that government is about helping people. Elected five times as Mayor of Boston and five times as a City Councilor from Hyde Park, he has spent a lifetime building a better Boston for residents and businesses. A graduate of the University of Massachusetts Boston with a degree in community planning, Mayor Menino and his wife, the former Angela Faletra, have two children, Susan and Thomas, Jr. and six grandchildren.
Nicknamed the "Urban Mechanic" early in his career for his tireless work ethic and attention to the basics that make for a thriving city, Mayor Menino is working to inspire a generation of New Urban Mechanics, rooted in the belief that citizens are the best civic entrepreneurs. Forging partnerships to revitalize neighborhoods, strengthening the economy through workforce investments, and innovating in education, his vision for Boston is based on strong, welcoming communities that provide unlimited opportunity for success.
President & CEO, Greater Boston Convention & Visitors Bureau
Since 1991, Mr. Moscaritolo has been the President and Chief Executive Officer of the Greater Boston Convention & Visitors Bureau (GBCVB).
The Bureau has been recognized as one of the top CVB’s in the U.S. for its focus on the level of services it provides meeting planners, convention delegates and visitors and was chosen as a Hall of Fame Convention & Visitors Bureau in 2008 by Meetings and Convention Magazine for its sixteen consecutive years of providing extraordinary service. Under his leadership, the Bureau successfully bid on and won large sporting events, such as World Cup Soccer, the MLB All Star Game, the Women’s Final Four, and the NCAA Lacrosse Championships.
Prior to joining the Bureau, Mr. Moscaritolo served as the Deputy Executive Director of Massport and as the Director of Logan Airport.
Mr. Moscaritolo serves as a Board member of the Massachusetts Sports Partnership, the Back Bay Association, the Travel Industry Association of America, and Room To Grow, a children’s advocacy and services organization. He also serves as Chairman of the Boston Area Church League Board of Directors, which works with Boston ministers to reduce violence by working with young people in Boston’s neighborhoods through youth baseball and mentoring programs.
Managing Partner & Co-Owner, Boston Celtics
Steve Pagliuca is a Managing Director at Bain Capital, a leading global private investment firm based in Boston. Mr. Pagliuca joined Bain & Company in 1982 and founded the Information Partners private equity fund for Bain Capital in 1989. As a Managing Director of Bain Capital, he has worked with his partners to help build one of the world’s leading investment companies with over US$65 billion in assets under management. He has been an active investor in the media, financial services and healthcare industries.
He is a Managing Partner and Co-Owner of the World Championship Boston Celtics Basketball franchise. He helped the partnership formulate its initial business plan, develop the basketball strategy and build the ownership group. As a Managing Partner and Chairman of the Basketball Committee, he has focused on the development and improvement of the basketball operations. Mr. Pagliuca is President of the Boston Celtics Shamrock Foundation. The Shamrock Fund helps children gain access to housing, healthcare and other services in partnership with local charities. The Shamrock Foundation has become a leader in community outreach in professional sports.
Mr. Pagliuca also serves as the Chairman of the Massachusetts Society for the Prevention of Cruelty to Children, a nonprofit society with a legacy of strengthening families and preventing child abuse. Mr. Pagliuca is also a Trustee of Bain Capital Children’s Charity, the firm’s initiative to support children’s causes, which has donated over $33 million for worthy organizations since its inception in 1997. In 2005, Mr. Pagliuca received the Bright Star Award from President Bill Clinton in recognition of his charitable activities. This year he received the American Dream Award from Habitat for Humanity for outstanding contributions to enhancing the Greater Boston Community.
Mr. Pagliuca has been active in the area of public policy. He is a former candidate for the U.S. Senate and currently serves as a member of the Democratic National Advisory Committee. He is a frequent contributor on television, radio and print media to provide commentary focusing on global economic issues.
Mr. Pagliuca has also lived and worked in The Netherlands as a Senior Accountant and International Tax Specialist for Peat Marwick Mitchell & Company where he earned a Certified Public Accountant certificate. Mr. Pagliuca received a B.A. from Duke University where he also played freshman basketball, and an M.B.A. from the Harvard Business School.
Principal, Delaware North Companies & Boston Bruins
Charlie Jacobs is in his ninth season in Boston as Principal of Delaware North Companies, Inc. and the Boston Bruins. A member of the senior leadership team for all of Delaware North Companies’ global operations, he guides the strategic efforts for the family and company holdings in Boston, including the family’s community involvement through the Boston Bruins Foundation.
Jacobs also serves the Bruins as Alternate Governor on the NHL’s Board of Governors, a position he has held since 2000. He is a Board member of both the New England Sports Network (NESN) and Total Media Group in San Francisco, a company for which he formerly served as President and CEO.
He is involved in a number of philanthropic causes in the New England area. Jacobs was instrumental in the creation of the Boston Bruins Foundation, whose mission is to assist charitable organizations that demonstrate a strong commitment to enhancing the quality of life for children in the community, and he serves as President of the Foundation.
He is also a member of the Boards of Directors for Ellis Memorial & Eldredge House, Inc., and The New England Sports Museum.
An avid sports fan, Jacobs is an accomplished equestrian and has served on the United States Equestrian Team. The graduate of Boston College also enjoys show-jumping and playing hockey in his spare time.
Jacobs and his wife Kim have a deep commitment to charitable endeavors and work with, among others, the Dana Farber Cancer Institute, Boston’s Children’s Hospital, Bridge over Troubled Waters, and the Cardinal Cushing School.
They have three children.
Executive Director Massachusetts Sports Partnership
President & CEO, Boston Red Sox
Larry Lucchino was named President/CEO of the Red Sox at the closing of the purchase of the team in February, 2002. Previously President/CEO of the Baltimore Orioles (1988-93) and the San Diego Padres (1995-01), Lucchino is a veteran of 32 years in Major League Baseball. With the Red Sox, Lucchino manages the franchise on a day-to-day basis with the active involvement of, and in collaboration with, Principal Owner John W. Henry and Chairman Tom Werner.
He has won rings with each franchise. The Orioles won the 1983 World Series, the Padres won the 1998 National League Pennant, and the Red Sox won the 2007 World Series, just three years after the 2004 World Championship that put an end to Boston’s 86-year championship drought.
In his 22 full seasons as a President/CEO, his clubs have a winning record of 1,805-1,578 (.534), have reached post-season play eight times (1996, 1998, 2003, 2004, 2005, 2007, 2008, 2009), have won three pennants, and two World Series. In those 22 seasons, attendance has improved over the previous year 15 times and the franchises have set club attendance records 13 times, including an 8 year stretch with the Red Sox, topping 3 million for the first time in Red Sox history in 2008, and again surpassing 3 million in 2009 and 2010.
Lucchino is the first President/CEO to win pennants for two different franchises - let alone in two different leagues - since Hall of Fame executive Larry MacPhail more than 50 years ago with the Brooklyn Dodgers (1941) and the New York Yankees (1947). They are the only two to have done so. (Al Rosen won pennants as President/CEO of the Yankees in 1978 and as President of the San Francisco Giants in 1989, but Bob Lurie was the Giants’ CEO. Dave Dombrowski won pennants as GM of the Florida Marlins in 1997 and as President/GM of the Detroit Tigers in 2006.)
In addition to running championship franchises and setting attendance marks, Lucchino has earned a legacy for creating ballparks that have transformed the ballparks’ role in the fan experience, influence on franchise value, and place in the community.
His vision for the design of Oriole Park at Camden Yards - a traditional, old-fashioned, asymmetrical, intimate downtown ballpark with modern amenities - ushered in an era of revolutionary ballpark architecture and ambiance responsible in part for the game’s resurgence since 1992.
He also had the vision for the ballpark that saved baseball in San Diego. Petco Park, designed to look and feel like San Diego, was approved in a 1998 landslide vote on Proposition C, a campaign that Lucchino spearheaded. As much as the Padres needed a ballpark, the city needed a catalyst to redevelop an under-utilized 26-block area in the city’s downtown. As promised, a ballpark revitalized a key neighborhood, as it had done in Baltimore (and, subsequently, in other cities). The design of the park was completed in August, 2001, and construction was well underway when Lucchino left the Padres for the Red Sox after the 2001 season.
Subsequently, he was instrumental in pulling together the ownership group that joined John Henry and Tom Werner in their successful effort to purchase the Red Sox, announced on December 20, 2001. While every other group that sought to purchase the Red Sox advocated a replacement for venerable Fenway Park, the group led by Henry, Werner, and Lucchino was the only one that committed itself to save - and improve - America’s most beloved ballpark. The ownership group officially formalized its commitment to keep Fenway Park long term on March 23, 2005.
Over the course of a 10 year-long project (ending during the 2011 offseason), Lucchino has helped to oversee many changes to preserve, protect and improve Fenway Park. Such successful additions include: the Green Monster Seats, the Right Field Roof Seats, Dugout Seats, the Yawkey Way Concourse, the Big Concourse, the Third Base Concourse, the First and Third Base Decks, the EMC Club, the State Street Pavilion, renovations of the premium suites, the Left Field Coca Cola Corner, the Bleacher Bar, the expansion of the right field roof box section, and the installation of new high definition video display and scoring systems. These and other well-received infrastructure innovations and improvements have enhanced the fans’ experience while respecting the integrity of the historic park and the surrounding neighborhood.
In the winter of 2010, Fenway Park was transformed into a hockey venue when it hosted the Boston Bruins and the Philadelphia Flyers on New Years Day for the third installment of the NHL Winter Classic. A week later, the Red Sox hosted the first ever Hockey East outdoor college hockey games as the women’s teams from UNH and Northeastern and the BC and BU men’s squads played a doubleheader. In July of 2010, Fenway Park again was transformed, this time into a soccer site when Sporting C.P. from Portugal and Celtic F.C. from Scotland matched up for Football at Fenway - the first soccer match played at the ballpark in over 40 years.
While setting attendance records with all three franchises, Lucchino has made his mark in the cutting-edge marketing of baseball. His efforts at regionalization in Baltimore expanded the Orioles’ fan base from 2 million to 6 million. In his 14 years with the Orioles, the season ticket base increased from 1,600 to 28,000 plus a 13,000-person waiting list.
In his seven years with the Padres, the season ticket base more than doubled from 5,081 to 12,380 through 2000. Under his leadership, the Padres recorded their top four all-time attendance figures at Qualcomm Stadium in his last four years there (1998-2001).
In his nine seasons in Boston, the club has set franchise attendance records in eight of nine years, and has sold out 631 straight games dating back to May 15, 2003. This streak is the longest in the history of Major League Baseball, a record established on September 8, 2008, with sell-out #456, breaking the previous MLB record of 455, set by the 1995-2001 Cleveland Indians.
Each of the three franchises he has served as chief executive has established a major charitable foundation during his tenure (The Orioles Foundation, The Padres Foundation, and The Red Sox Foundation). Under his leadership, each franchise has re-invigorated its philanthropy, its community relations efforts, and its ballpark ambiance to ensure that all fans feel welcome. In November of 2010, the Red Sox and the Red Sox Foundation were given league wide recognition when they were named the recipients of the inaugural Commissioner’s Award for Philanthropic Excellence.
Lucchino’s passion for ballparks is rivaled by his drive for baseball’s internationalization. He pioneered a ground-breaking relationship in Japan in 1997 with the Chiba Lotte Marines, and helped organize the Red Sox’ first trip to Japan in March, 2008 when they opened the MLB regular-season with two games at the Tokyo Dome. In addition, he previously arranged the efforts to play Major League Baseball’s first regular season games in Mexico (1996) and Hawaii (1997) and established baseball’s first International Opening Day in Monterrey, Mexico in 1999. He was an early, active supporter of the World Baseball Classic, and also serves on Major League Baseball’s International Committee.
He has served on MLB’s Restructuring Committee, the American League’s Cable Television Committee, and as Chairman of the Player Development Contract Negotiations Committee. He was a member of the Realignment Committee and the Commissioner’s Blue Ribbon Task Force on Baseball Economics, which released its recommendations for attacking the game’s economic and competitive balance issues in July, 2000.
In recognition for “long and meritorious service to baseball” over three decades in the game, Lucchino was awarded the Judge Emil Fuchs Award by the Boston Baseball Writer’s Association at their 72nd annual BBWAA dinner on January 20, 2011.
Born in Pittsburgh, Lucchino was an All-City League basketball player and a second baseman on the Pittsburgh city championship baseball team at Taylor Allderdice High School. He graduated with honors from Princeton University and is a graduate of the Yale Law School. At Princeton, he was a member of two Ivy League championship basketball teams.
In 1974, he joined Williams and Connolly, the law firm founded by his mentor, friend, legendary sportsman, and trial attorney Edward Bennett Williams. He became a partner in 1978 and specialized in sports law and litigation. He was general counsel to the Washington Redskins, of which Williams was president and part owner, and was a member of the Redskins Board of Directors from 1979 to 1985. When EBW bought the Orioles on August 2, 1979, Lucchino became vice president/general counsel. EBW named him president in May, 1988, to rebuild the club’s baseball and business operations. He was an owner of the Orioles from 1989 until the club was sold at the end of the 1993 season, and of the Padres from December, 1994 to 2002.
The avid sportsman has the unique distinction of earning World Series rings (Orioles, ’83; Red Sox, ‘04, ‘07), a Super Bowl ring (Redskins, ‘83), and a Final Four watch (Princeton, ‘65). Lucchino has been active in numerous civic and charitable efforts in Baltimore, San Diego, and Boston, with particular, active involvement in the research and treatment of cancer. Here in Boston, he served as the co-chair of the Dana Farber Cancer Institute’s $1 billion “Mission Possible” Capital Campaign, which reached its goal in 2009, and is also on the board of Special Olympics International. He is married to Stacey Johnson Lucchino, and has two stepchildren, Davis (21) and Blair (19).
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