Team(s) owned / ownership stake: Golden State Warriors, LAFC | minority
Other titles: General Partner, Juvo Capital
How did you come to own a sports team?
I did a deep dive to ascertain whether I should bring an Arena Football Team into L.A. I was represented by Andrew Kline at Park Lane. I passed on the AFL opportunity, but Andrew knew that I remained interested in sports. When he learned that his uncle, Craig Johnson, was joining the ownership group that eventually purchased the Golden State Warriors, intros were made, and the rest is history.
During the 2014 NBA playoffs (Warriors at Clippers), I sat next to Peter Guber and I started talking to him about my interest in buying a soccer team. He told me he was already deep in discussion on buying an expansion team and I asked to join his group. As I got to know Peter better over time, I realized what an amazing individual he is, and how lucky I am to be his partner.
Is it an investment or more of a hobby?
A hobby that loses money is never fun! I would have never invested if I didn’t think they were great investments.
Is it a good investment?
In hindsight, my only mistake was not having invested more!
Other than winning, what’s the best thing about owning part of a sports team?
Getting to know other owners who share the same passion.
What’s the worst thing (besides losing)?
None. But I’d think teams that require capital calls get old real fast. You can’t have much fun if you’re writing huge checks year after year.
How many games a season do you attend?
10 to 15
What was your favorite team when you were growing up?
Los Angeles Clippers.
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