Ryan Smith: A New Era of Sports in Utah
Ryan Smith, a prominent figure in the world of sports ownership, has made bold moves to reshape the sports landscape in Utah. His most recent venture involves acquiring the NHL's Arizona Coyotes, relocating them to Salt Lake City, and rebranding them as the Utah Hockey Club. This move not only expands his already impressive portfolio of sports investments but also injects fresh enthusiasm into Utah's sports community.
The opening night of the Utah Hockey Club was nothing short of a star-studded affair. Among the notable attendees were retired Basketball Hall of Famer Dwyane Wade and his wife, actress Gabrielle Union. Wade, who is a limited partner in both the Utah Jazz and the newly christened Utah Hockey Club, commented on his newfound interest in hockey with trademark humor: "I took a plane to watch hockey! Never thought I'd do that in my life."
Smith's partnership with Wade extends beyond just hockey. The duo co-owns the Utah Jazz, a team Smith acquired for $1.66 billion in 2020. Their collaboration underscores a shared vision for elevating Utah's status in the realm of professional sports.
Diversified Sports Investments
In addition to the Utah Hockey Club and Utah Jazz, Smith holds stakes in Major League Soccer's Real Salt Lake and the National Women's Soccer League's Utah Royals. His diverse interests have made him a pivotal figure in Utah's sporting circles, overseeing the growth and success of multiple franchises.
A key part of Smith's commitment to Utah's sporting future is his involvement in the successful bid to host the 2034 Winter Olympics in the state. Through a delegation in Paris, Smith played a significant role in securing this prestigious event, further solidifying Utah's position as a hub for winter sports.
Entrepreneurial Spirit and Community Engagement
Beyond sports, Ryan Smith is perhaps best known as the co-founder of Qualtrics, a leading tech company sold to SAP for $8 billion. His entrepreneurial drive is evident in his endeavors across various sectors. As Smith once stated, "No one's really given me anything in life. If you wanted something, you have to go get it. It just doesn't happen any other way."
Smith's commitment to community enrichment extends to Salt Lake City's urban landscape as well. He has shared plans to rejuvenate the city's downtown area, contributing to its growth and vibrancy.
At Brigham Young University, Smith serves as a guest lecturer, sharing insights from his expansive career with students eager to learn from his experiences. While he is not financially involved in the NIL deal of A.J. Dybantsa, a talented athlete committed to BYU with a rumored deal valued between $4 million to $7 million, Smith's influence in shaping young minds is undeniable.
Building a Sports Legacy
The presence of multiple sports teams owned by Smith in Utah has not gone unnoticed by fans and commentators alike. Gentry Anderson, a local observer, highlighted the significance: "It's been surreal to be able to have three sports teams [four professional clubs] here now in Utah owned by someone who will come hang out with the fans."
In a conversation with NBA commissioner Adam Silver, Smith's forward-thinking attitude was evident as he volunteered, "Use me as a laboratory for the future of NBA broadcasts." This openness to innovation signals exciting developments for the sports viewing experience, ensuring Utah remains at the forefront of sports entertainment.
Ryan Smith's passion and dedication to Utah's sports and community development are undeniable. His strategic investments and visionary leadership continue to shape a promising future for Utah, making it a vibrant center for professional sports and community growth.