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Dave Checketts

David W. Checketts (born 1955) is an American sports executive, entrepreneur, and investor with a four-decade career marked by revitalizing struggling professional teams, founding franchises, and pioneering partnerships in , soccer, and entertainment. Best known for his tenures as president of the (1983–1989), where he led the team to two Midwest Division titles as the NBA's youngest chief executive at age 28, and the (1991–1994), culminating in an Eastern Conference championship, Checketts also served as president and CEO of (1994–2001), overseeing the launch of the WNBA's in 1997. In soccer, he founded Major League Soccer's in 2004, securing a landmark and youth academy partnership with Real Madrid that contributed to the team's 2009 victory, and developed Rio Tinto Stadium through innovative funding strategies, including a high-profile 2005 exhibition match featuring . Born in Utah, Checketts graduated from the with a B.S. and earned an MBA from (BYU), where he had been a walk-on player; he later served as a for The Church of Jesus Christ of Latter-day Saints and as mission president in from 2018 to 2021. His early professional experience included three years at in (1981–1984), where he contributed to corporate turnarounds like Firestone Tire, before NBA Commissioner recruited him to rescue the financially troubled , transforming it into a consistent playoff contender. After leaving MSG in 2001, he founded SCP Worldwide (now Checketts Partners Investment Fund), which acquired stakes in NHL teams like the and invested in entertainment ventures. In recent years, Checketts has expanded into global soccer and , joining the board of directors of English club in 2021 as a minority investor and, in November 2025, committing approximately $200 million through his firm Cynosure Sports Capital to ALK Capital, the parent company of and Spanish club . Earlier that year, he co-founded the $1.2 billion Cynosure fund with the Eccles family, focusing on sports investments. A member of the YMCA board (1993–1999) and inducted into the Sports Hall of Fame in 2022, Checketts is married to Deb Checketts and has six children, several of whom are active in sports and business, including Nate and Ben Checketts as co-founders of apparel brand Rhone.

Early Life and Education

Childhood and Family

David W. Checketts was born c. 1955 in , into a devout of The Church of Jesus Christ of Latter-day Saints. He was one of eight children born to Franklin Widtsoe Checketts, a former corporal known for his entrepreneurial spirit and persuasive nature, and Patricia Nelson Checketts, who prioritized unity and community involvement. The Checketts family resided in Bountiful, a suburb north of , where Dave grew up immersed in Utah's close-knit, faith-centered environment during the 1960s and 1970s. His father's background as a "hustler" instilled in young Checketts a strong and resilience, values reinforced by the family's principles of and perseverance. This upbringing fostered an early appreciation for community and collective effort, evident in Checketts' later life as a lifelong member of the Church. Checketts attended Bountiful High School, graduating in 1973, where he developed a passion for despite failing to make the —an experience that fueled his determination rather than deterring his interest in sports. Growing up in amid the rise of local college athletics and the eventual arrival of professional teams like the in 1979 exposed him to the state's burgeoning sports culture, sparking his lifelong affinity for the industry and leadership in extracurricular pursuits.

Academic Background

After high school, Checketts served a two-year mission for The Church of Jesus Christ of Latter-day Saints. He earned a degree in communications and finance from the in 1979, where he built a foundation in principles amid his strong roots and family interest in . He subsequently pursued graduate studies at (BYU), where he walked on to the freshman team, obtaining a (MBA) degree in 1981 and graduating among the top three students in his class.

Professional Career

Utah Jazz Leadership

In October 1984, at the age of 29, Dave Checketts was appointed president and general manager of the , having joined as executive vice-president in September 1983 the previous year, becoming the youngest chief executive in NBA history at the time. Recommended by NBA , Checketts was hired by owner Sam Battistone to stabilize the financially struggling franchise, which was on the verge of relocation due to mounting losses and low fan interest following its move from New Orleans to in 1979. Under Checketts' leadership, the underwent a dramatic turnaround, marked by strategic and on-court decisions that transformed it from near-bankruptcy to a viable NBA entity. He spearheaded efforts to secure funding and planning for a new arena, culminating in the team's relocation from the aging to the state-of-the-art (now Vivint Arena), which opened in October 1991 shortly after his departure and provided a modern venue to boost revenue streams. Attendance, which averaged 8,679 per game in the 1982-83 season, surged to 12,292 by 1987-88, reflecting increased community engagement and marketing initiatives that filled seats and stabilized finances. On the court, Checketts built a competitive roster, beginning with the 1984 selection of (16th overall) and forward (13th overall) in 1985, moves that formed the foundation of a perennial contender and led to the team's first playoff appearance in 1984 and consistent postseason berths by 1988. A pivotal hire came in December 1988 when Checketts named as head coach, replacing after 17 games into the season; Sloan's disciplined system meshed perfectly with Stockton and , ushering in the iconic "Stockton-to-Malone" pick-and-roll era that propelled the to Western appearances in 1997 and 1998. These foundational elements—roster construction, coaching stability, and infrastructure upgrades—elevated the from a league laughingstock to a model of sustained success. Checketts departed in March 1991 after eight years, accepting the presidency of the and leaving behind a profitable, playoff-caliber that had won Midwest Division titles in 1984 and 1989.

Madison Square Garden Tenure

In 1991, Dave Checketts relocated to New York to serve as president of the , a role in which he quickly revitalized the franchise by hiring as later that year. Under Riley's leadership, the Knicks transformed into a defensive powerhouse, achieving consistent playoff success and reaching the in 1994 after securing the Eastern Conference championship. Following Riley's departure to the in 1995, Checketts promoted assistant coach to the head position, where he maintained the team's competitive edge and guided them to the again in 1999, marking the Knicks' second appearance in the championship series during Checketts' tenure. In September 1994, Checketts expanded his responsibilities to become president and CEO of (MSG), overseeing operations for the Knicks, the of the National Hockey League, and other properties under the MSG umbrella. In this broader capacity, he spearheaded the launch of the in 1997 as one of the Women's National Basketball Association's (WNBA) eight inaugural franchises, establishing the team as a pioneering force in women's professional basketball at MSG. Checketts' strategic vision extended to diversifying MSG's portfolio, including the acquisition and restoration of the historic , which enhanced the venue's cultural offerings. Checketts drove significant business expansion at MSG by boosting event programming, securing sponsorships, and negotiating key broadcasting agreements for the , which doubled the number of hosted events and significantly increased overall revenue, to approximately $785 million by 2000. He navigated challenges such as the 1998-1999 , which disrupted the season but did not derail the Knicks' playoff run, and managed media rights deals that strengthened MSG's position in a competitive landscape. These efforts elevated MSG from a sports-focused arena to a premier global entertainment destination, with increased emphasis on high-profile matches, concerts, and other non-sports events. Checketts departed from MSG in May 2001 following ownership shifts at parent company , where tensions arose over financial performance, including $160 million in lost revenue amid underwhelming seasons for the Knicks and Rangers. Described as a mutual decision, his exit concluded a decade-long tenure that had restored the organization's prominence and profitability.

Sports Team Ownership

In 2001, Dave Checketts founded SCP Worldwide, a sports consulting and investment firm based in , which facilitated his subsequent ownership stakes in several franchises. The company, standing for Sports Capital Partners, focused on acquiring and managing assets in sports and , marking Checketts' transition from corporate executive roles to entrepreneurial ownership. Through SCP Worldwide, Checketts established as a Major League Soccer in 2005, securing the rights in July 2004 and launching the club the following year in . Under his leadership, the team constructed Rio Tinto Stadium, a soccer-specific venue that opened in 2008 and became a cornerstone for the 's stability and fan engagement. achieved significant success during Checketts' tenure, culminating in a at the 2009 , the club's first major championship, which highlighted its rapid rise in the league. This ownership not only introduced professional soccer to but also fostered through job creation and youth programs tied to the stadium and team initiatives. In parallel, Checketts led an investment group through SCP Worldwide to acquire the of the National Hockey League, with an agreement in principle announced on November 14, 2005, and the deal confirmed in March 2006 and approved by the NHL in June 2006 for approximately $150 million, including the team's lease at the Savvis Center. The acquisition came amid the franchise's financial distress following previous ownership turmoil, and Checketts navigated ongoing challenges, including debt management, a 2011 filing by the , and rejected sale offers, such as a $167 million bid in 2011. He ultimately sold the Blues in 2012 to a local ownership group led by Stillman, who guided the team to its first championship in 2019. During his stewardship, Checketts emphasized community ties in , supporting local charities and stabilizing the franchise as a cultural asset despite economic pressures. SCP Worldwide also held a minority stake in the (formerly the MetroStars) from 2001 to 2005, providing early investment in the MLS franchise during its rebranding and growth phase. Additionally, Checketts had brief involvement with the through investment considerations in the early 2000s, though it did not result in a long-term ownership position. These ventures underscored his strategy of building community-oriented franchises, particularly enhancing sports infrastructure and fan bases in regions like and .

Post-Ownership Ventures

Following his direct involvement in sports team ownership, Dave Checketts transitioned into diversified advisory and roles, leveraging his in and . From to 2015, he served as chairman and of Legends Hospitality Management, a initially formed by the New York Yankees and to handle premium seating, concessions, and merchandising at major venues including and . Under his leadership, the company expanded globally, securing contracts for hospitality services at international sites such as Etihad Stadium in and enhancing operations at U.S. facilities like and , while also winning rights to manage sales and premium services for the Los Angeles Football Club's stadium project. In 2021, Checketts joined the board of directors of Football Club in the English as part of ALK Capital's acquisition of the club, providing strategic guidance during a period of financial restructuring and on-field performance challenges. His involvement contributed to the club's promotion to the in the 2022-23 season through disciplined in squad development and infrastructure, followed by efforts to maintain stability amid relegation in 2024 and subsequent campaigns. In November 2025, Checketts deepened his commitment by directing a $200 million from his into ALK Capital, the parent company of and La Liga's , aimed at bolstering long-term operational resilience and growth. Checketts further expanded his portfolio in 2025 through high-profile board appointments and investment initiatives. In April 2025, he co-launched Cynosure | Checketts Sports Capital Fund I, a $1.2 billion vehicle in partnership with the Eccles family via their Cynosure Group, targeting investments in sports assets such as , leagues, rights, and infrastructure, with a particular focus on opportunities linked to the 2034 Utah Olympics bid, the , and . Later that year, in May, he was appointed to the board of trustees of the , joining other leaders in and to advance programming and . Complementing these roles, Checketts has taken on advisory positions in sports and , drawing on his prior successes to guide strategic investments in venue optimization and content distribution.

Personal Life

Family and Children

Dave Checketts married Lynn Leishman in 1977 in , and the couple has six children born between 1978 and the early 1990s. The Checketts relocated multiple times to align with his career progression, moving from to in 1990 when he assumed leadership roles at , where their children spent much of their formative years immersed in the world, often attending events at the Garden. Upon leaving in 2001, the returned to , settling in areas like Park City that supported a balanced amid his ongoing pursuits. Throughout these transitions, Checketts prioritized stability, crediting his wife's support for enabling his professional demands while maintaining strong familial bonds. Checketts' children have pursued notable careers, particularly in and . His sons Nate and Ben, along with son-in-law Carras Holmstead, co-founded , a premium men's activewear brand, in 2014, which has grown into a prominent player in performance gear with a focus on quality and wellness. Eldest son Spencer has established himself as a sports radio host, hosting “The Drive with Spence Checketts” on 700 (as of 2025). Daughter Lily Checketts Shimbashi launched in 2020, a platform dedicated to coverage, aiming to engage female fans through inclusive storytelling and content. The family has collaborated on business ventures that extend Checketts' sports legacy, including investments through entities like the Cynosure|Checketts Sports Capital fund, launched in 2025 with the Eccles family to support infrastructure and teams. Their shared involvement in reflects a commitment to community causes, such as programs and educational initiatives in , often channeled through family-led efforts. The family's values, influenced by their faith, emphasize service and collective progress in these endeavors.

Religious Service

David Wayne Checketts has been a lifelong member of The Church of Jesus Christ of Latter-day Saints, having been raised in , within the faith. As a young man, he served a full-time for the Church in the 1970s, beginning at age 19, which marked an early commitment to missionary work that would influence his lifelong service. Throughout his professional career, Checketts held significant leadership roles within the , including service as a and stake president in both and during periods of peak career responsibility. In , while leading the NBA's in the and , he served as a , overseeing a local congregation's spiritual and temporal needs. Later, from 2007 to 2016, he acted as stake president for the in the Westchester County area, providing religious and spiritual guidance to over 1,000 members across multiple congregations while managing his business ventures in the Northeast. In July 2018, Checketts and his wife, , began a three-year term as president and companion of the Mission, where he oversaw approximately 250 young missionaries aged 18 to 25, directing their efforts to proselytize and serve communities across the . This assignment, which concluded in 2021, occurred amid global disruptions from the , requiring adaptations such as virtual training and localized service projects to sustain missionary momentum. Checketts has integrated his faith with philanthropic efforts, notably by leveraging sports venues for Church-supported community initiatives. For instance, during his tenure as president and CEO of in the 1990s, he facilitated a major event where Church President addressed an audience of 20,000 members, promoting interfaith understanding and community outreach in a prominent secular space.

Awards and Honors

Sports Executive Recognitions

In 2022, Checketts was inducted into the Utah Sports Hall of Fame Foundation for his pivotal contributions to in the state, including his leadership of the from near financial collapse to sustained success and his founding role in establishing Soccer's , which achieved rapid growth and stability under his ownership. Checketts received the Sports Business Journal's Champion award in 2025, honoring his over four decades of transformative leadership in sports management, from revitalizing franchises like the and to owning successful teams such as and the . During his tenure as president of the from 1991 to 1994, Checketts was recognized for guiding the team to the in 1994 and earning two Atlantic Division titles in 1993 and 1994, achievements that solidified his reputation as a top executive and contributed to a franchise valuation peak as the NBA's most valuable team per rankings. His oversight extended to the Knicks' return to the in 1999, marking another high point in on-court performance during his broader leadership. As president and CEO of from 1994 to 2001, Checketts drove innovative venue operations that resulted in the arena being named Arena of the Year for six consecutive years by industry standards, alongside significant revenue expansion to $876 million in his final year with $42 million in operating income. In 2009, amid Real Salt Lake's championship victory—its first major title under Checketts' ownership as founder and principal owner—he was awarded the Pioneers of Progress Award in the Sportsmanship and Athletics category by the Days of '47 organization, acknowledging his executive impact on Utah's sports landscape.

Philanthropic and Community Honors

During his tenure as president of from 1994 to 2001, Checketts founded the Cheering for Children Foundation, an initiative dedicated to supporting after-school programs and enriching the lives of underserved children in . The foundation collaborated with various MSG properties, including the and Rangers, to provide educational and recreational opportunities for thousands of schoolchildren, emphasizing community outreach and youth development. Under Checketts' leadership, related charitable programs reflected his commitment to addressing urban youth needs beyond . Checketts has maintained involvement in children's charities throughout his career, extending his efforts from to Utah-based initiatives following his return to the state in the early 2000s. His philanthropic focus has included support for educational programs and community welfare projects aligned with his business ventures in sports ownership. Checketts served on the board of the from 1993 to 1999, supporting community youth programs.

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