Address to Utah Jazz Coaches and Players
September 28, 2010
Zions Bank Basketball Center

Introduction
• This is my third season as CEO
• I prefer “Greg” to “Mr. Miller”

Welcome back to veterans and Raja
Welcome to rookies, Al and Earl

Context:
• As members of the Utah Jazz, you are the most visible part of the Larry H. Miller group of companies
• This organization is comprised of 70 businesses
• Approximately 7000 employees
• We do business in 13 states

We are in business for two primary reasons:
• To facilitate personal growth
• To protect and grow the resource base
• (Both apply to ALL of us)

Personal Conduct
• I am proud of the culture and reputation of the Utah Jazz organization
• Your conduct on and off the court matters (If you wouldn’t want your mom to see you doing it, you probably shouldn’t be doing it)
• Sportsmanship counts

Jerry Sloan has my full support. There is nobody I’d rather have coaching the this team.

We have an obligation to our fans and sponsors to give them their money’s worth. To me that doesn’t mean going 82-0, it means leaving it all on the court every night.

My dad used to say “I’ll never ask you to win, but I will ask you to give us everything you’ve got.”

A championship is the ultimate goal for all of us, myself included, but let’s not take ourselves too seriously. Have fun and stay loose.

LHM Tribute Video

Stay Up To Date With Greg Miller

http://www.twitter.com/GregInUtah

Which Jazz uniform do you prefer mountains or Jazz note? Post your comments here.

Earlier today I tweeted the following: “All you Jazz fans who jumped off the wagon until we trade everyone: Come on back. You’re missing some great ball games.” It was my way of having a little good natured interaction with all of the fans who expressed their frustration to me, and offered all kinds of advice when we (the Jazz) were slumpling earlier this month.

My point is: it’s a long season and we’re going to have ups and downs.
What matters most is what happens in the long run.

Interestingly, in light of Toyota’s announcement regarding the “stop sale” of eight models yesterday, I find myself and our automotive organization in a similar position to that of the fans relative to the Utah Jazz. That is, we have had a relationship with the franchise for many years (my dad started working at a Toyota store in 1970), and have greatly enjoyed and benefitted from that relationship, for the most part, during that time. There have been a few challenges and low points over the years, but in the macro it has certainly been positive.

As we now face the challenge of how to operate multiple Toyota dealerships profitably, with 55-60 percent of our inventory temporarily “off limits”, it would be easy for me to get frustrated and angry with Toyota, especially considering the investment we have in those inventories, our facilities, and the potential adverse impact it may have on our employees. But when I consider Toyota’s track record, it is very clear to me that they are an organization that I want to be associated with for the long run. There is no doubt in my mind they will succeed.

I hope Utah Jazz fans feel the same way about us, and I feel a deep sense of gratitude for those who do.

I’m now posting updates on Twitter at Twitter.com/greginutah

My thoughts on the Utah Jazz

I love this team. They have been part of my life since the year after I graduated from high school. Once, as I was waiting for Heidi in her parents’ living room to go on one of our first dates in 1985, I watched a news clip of my dad being interviewed about buying the first half of the Jazz. Since that time I have attended nearly every home game. I have watched with joy and pain over the years as the team has gone through its ups and downs. I have developed relationships with many of the players and coaches, past and present. I have seen firsthand how important this team is to the people not only of Utah but around the world (I once had a conversation with a Turkish shopkeeper in Istanbul about his love of the Jazz). One of the greatest experiences I have ever had was at the (then) Delta Center during the finals between the Jazz and the Bulls. The Jazz are a huge part of my life. Like most Jazz fans, I get frustrated when the team performs poorly.

Now for some facts.

1. As long as I have anything to say about it, the Jazz will be committed to winning. As a family and an organization, we will do everything in our power to put a competitive team on the floor- a team fans can be proud of.

2. This organization is spending more money than ever before on player salaries. Last summer, when Boozer, Okur and Korver all opted in, we were committed to unprecedented player expense. Then on top of that, Portland made their run at Millsap. We matched their offer because we believed (and still do) that Millsap will be a player that can help our team win. We have the talent to win right now.

3. When change comes it will be well thought out and deliberate. Knee jerk changes have never been a recipe for success. We will not trade for players with contracts that saddle us with high dollar, non-productive years, even though it may help us in the short run. If the Jazz are to be successful in the long run, we need to make sound long term decisions.

4. Making trades in the NBA is very complicated. It is not as simple as calling another team and telling them to send the player you want on your team to you. There are many variables that need to line up, including the amount of the contracts, the duration of the contracts, available cap room and dozens (if not hundreds) of other considerations.

5. As a franchise, we are not sitting on our hands. We are on the constant lookout for opportunities to improve. If we have an opportunity to make a trade that makes sense, competitively and financially, we’ll make every effort to get it done. Do not assume we are not pursuing trades just because there haven’t been any.

The Utah Jazz is an extremely valuable asset. My responsibility is to preserve the value of that asset. The best way to do that is to deliver value to the fans and the sponsors, which will translate to emotional and financial support of the team, which in turn preserves the value of the asset. In the case of professional sports, value is generally synonymous with wins. It also includes many other things like quality of experience at a game, occasional access to coaches and players and the franchise giving back to the community, among others.

As a Jazz fan, I am frustrated with some of the losses of late. But I’m not ready to throw in the towel. I am committed to doing all I can to support the team, as I hope Jazz fans everywhere are. I hope fans are with us for the long haul.