By: Peter Studer, @Pete_Studer Front Office Sports
Front Office Sports is proud to have sat down with Joseph Molloy, Founder and President of JAM Sports Ventures, a management company that identifies and executes strategies to increase the profitability and asset value of certain teams and markets. Previously Joseph operated as Owner and Managing General Partner of the New York Yankees, winning a World Series in the 1996 season.
To start, could you tell me a little about your history in sports business, and about your current work with JAM Sports Ventures?
What made you recognize the opportunity that JAM Sports Ventures was founded upon?
How does the continuous growth of these franchises through increased engagement and exploding media contracts translate to young professionals today?
From what I can gather, your first and foremost an educator. How does that persona translate into sports business?
In a 2008 ESPN article, when asked about you, a former colleague said, “He knew what his strong suits were, and what they weren't. When he didn't know something, he asked a lot of questions. He listened to a lot of opinions, and made educated decisions.” How has this approached helped you throughout your career?
You’ve worked at the highest echelon of sports business. How has that experience shaped your perspective on what it takes to be successful in the industry?
What advice would you offer students and young professionals looking to have a fulfilling career in sports business?
A column by
Joseph Anthony Molloy is the CEO of JAM Sports Ventures.