Philadelphia 76ers GM Adam Aron has officially announced he is stepping down as CEO confirming weeks of speculation, as reported on philly.com. Former Madison Square Garden president Scott O’Neil will take over as the new CEO.
This announcement wasn’t a complete surprise since the Sixers have been cleaning house. Aron’s business partner, majority owner Josh Harris is a buyout specialist himself.
Aron will continue team operations as a co-owner and board member in order to focus his attention as chairman and CEO of a new investment group that includes other Sixers owners.
O’Neil has local connections since he’s a Villanova University graduate and a former VP of Sales for the Philadelphia Eagles. He was president of Madison Square Garden from July 2008 to September 2012 after Isiah Thomas was relieved as head coach of the New York Knicks. He will also serve as alternate governor of the NBA.
This was a business decision since O’Neil will handle the business end of things while GM Sam Hinkie will focus on the basketball end.
There’s no word how active Aron will be this upcoming season, but Sixers fans could see him walking up and down the steps interacting with clients and fans last season.
The Sixers still have rapper/actor Will Smith as minority owner and the team has focused on promoting a more family-friendly atmosphere filled with confetti canons and tributes to former Sixer stars and championship teams throughout the season.
The only other thing that would bring nostalgia and help entertain crowds is former mascot Big Shot.