The Smith Era: Revitalizing Utah's Sports Scene
In the ever-evolving landscape of professional sports, few figures have had as profound an impact on a city in such a short time as Ryan Smith has on Salt Lake City. Since purchasing the Utah Jazz in 2020 for a staggering $1.66 billion, Smith has made waves, extending his influence well beyond basketball. This October, the sleek new Utah Hockey Club marked its debut, bringing the excitement of NHL hockey to the excited fans of Salt Lake City.
Smith’s acquisition of the Arizona Coyotes and their subsequent rebranding to the Utah Hockey Club not only marked a dramatic transition for the franchise but also bolstered Salt Lake City’s reputation as a burgeoning sports hub. As sports enthusiasts flock to the games, one can hear the echo of Dwyane Wade, a limited partner of the Utah Jazz, reminiscing: "I took a plane to watch hockey! Never thought I'd do that in my life."
An Empire of Sports
Just as one crafted an empire of technology with Qualtrics, which he co-founded, Smith is similarly architecting an athletic empire in Utah. The Utah Jazz, where Smith is a major stakeholder, have become emblematic of his vision to make Salt Lake City a premier destination for professional sports. Beyond the NBA, Smith’s interests are expansive, encompassing stakes in Major League Soccer’s Real Salt Lake and the National Women's Soccer League’s Utah Royals—a testament to his unwavering commitment to elevating Utah's sports stature.
Gentry Anderson, a local sports observer, aptly captured the mood: "It's been surreal to have three sports teams [four professional clubs] here now in Utah owned by someone who will come hang out with the fans." Indeed, Smith’s presence in the stands solidifies his status not just as an owner, but as an avid supporter of the community’s passion for sports.
Visionary Pursuits and Olympic Dreams
Smith’s ambitions extend beyond the confines of stadiums and arenas. He is a key figure in affecting Salt Lake City’s downtown redevelopment plans, which have polarized public opinion. Yet, there is no denying Smith's strategic vision for the city's future. His efforts to bring the Winter Olympics back to Utah in 2034 are a testament to his larger-than-life aspirations.
In collaboration with his wife Ashley, they navigate the complexities of ownership with a harmonious blend of visions: "We were thankful for the two of our brains combined and our different strengths," Ashley noted. Such partnerships and shared objectives are cornerstone characteristics of Smith's endeavors, ensuring robust outcomes in all his varied ventures.
Education Meets Sports Business
Ryan Smith's ties with Brigham Young University (BYU) run deep. As a co-teacher of a business class there, he exemplifies the symbiotic relationship between sports and education. "I'm not a donor or involved with BYU because I went to school there. I'm there because I owe them a lot," Smith shared, emphasizing the gratitude underpinning his involvement.
Further highlighting the powerful interplay between these spheres is the case of A.J. Dybantsa, a top high school basketball prospect wooed by BYU with a significant NIL financial package. This move, emblematic of the modern sports era, underscores the influential reach of strategic investments in youth talent and education.
An All-In Approach
Smith's approach to every venture is characterized by an inclusive methodology. "I want everyone to be all-in on whatever we're doing. And if people don't speak, they can't be all-in," he declares. This philosophy is not only persuasive but seems to galvanize those around him, instilling a collective sense of purpose and teamwork.
Realizing this level of commitment both inspires and challenges Utah’s sports fans and associated communities to step up and embrace a shared vision for the future.
In sports journalism’s lexicon, Ryan Smith is scripting a narrative infused with innovation, collaboration, and bold leadership. As Salt Lake City thrives under his guardianship, one cannot help but anticipate the continued evolution of Utah’s sports landscape. The Smith era has truly only just begun.