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Befitting his style, Sean McManus quietly stepped away from CBS Sports this month after more than 27 years of running the network. There was a celebration in his honor at The Grill in New York City, and I wish I could have been there to pay tribute to one of the classiest executives I’ve encountered in sports business. McManus always had time for you; he never big-timed you or looked over your shoulder to see who else in the room was more important. He was kind, intelligent, humble, would always listen, never needed to dominate the show, and always offered humor and a quip. He once told me, “I try to inject humor into our staff meeting. If staff meetings aren’t something people are looking forward to attending, then you’re doing something wrong at your staff meeting.”
On the final Sunday of the Masters, I emailed McManus to let him know I was thinking of him as he ended a magnificent run, and he acknowledged feeling nostalgic but appreciative of all the wonderful experiences during his career, which spanned from NBC Sports, to ABC Sports, to IMG and CBS Sports. On that same day, I asked former NFL Commissioner Paul Tagliabue how he remembered McManus, and he quickly replied, “An outstanding leader. With the right values and priorities. He set the highest standards.” I kept coming back to that, because it so accurately portrayed the 69-year-old’s style and substance — a leader, the right values and priorities, with the highest standards. Let’s hope Sean McManus sticks close to the sports industry so we can continue to benefit from that legacy.
Days after NHL Commissioner Gary Bettman said NHL franchises were vastly undervalued came the unique move of the league buying its least-successful franchise for an NHL-record $1 billion and then selling it to Smith Entertainment Group’s Ryan Smith for a reported $1.2 billion, resulting in a roughly $6.5 million payout to each existing franchise. As I see it, Bettman was able to set a new floor for league franchise values, get into the Utah market before a possible MLB expansion team and keep Arizona as an open market eligible for a future team at a seemingly higher price once it secures a new facility. That is swift maneuvering and the speed of this transaction and the work ahead in Utah was the talk of the CAA World Congress of Sports. As Smith said at the event, “You can’t blink when these things come along. … You just can’t run away from the moment. And if you’re truly convicted of the mission that you’ve got and your people are, then you’ll rise and do it. And I think that we bring a lot to the NHL.”
Abraham Madkour can be reached at amadkour@sportsbusinessjournal.com.