The National Basketball Association’s Brooklyn Nets have hired sports industry veteran John Abbamondi to be the chief executive officer of BSE Global, the holding group for team owner Joe Tsai that includes the Nets themselves, the Barclays Center, the Long Island Nets of the NBA G League, and NetsGC of the NBA 2K League.
Abbamondi will lead overall business strategy and operations for BSE Global, and has been nominated to become an alternate governor of the Nets. He also has been charged with “advancing the company’s existing sports, media, and entertainment businesses as well as identifying and executing on new opportunities for growth.”
A former Navy flight officer with dozens of combat missions over Iraq, Abbamondi spent from 2016 until early this year as executive vice president for ticketing, suites, and corporate hospitality at the Madison Square Garden Company, parent of Nets rival the New York Knicks. Prior to that, he was senior vice president team marketing and business operations at the NBA.
The move ends a period of executive transition for the Nets. After Tsai’s takeover the organization last year, former Turner president David Levy was originally due to lead the Nets and Barclays Center. But Levy left the post after just 55 days, and later joined global merchant bank The Raine Group.
In the interim period, Oliver Weisberg had served as interim chief executive.
“I am excited that John will join us to lead an organization that is undergoing a transformation to present the best sports and entertainment to our loyal fans and communities,” Tsai said. “He will not only bring an incredible amount of experience, but also sets a strong example of character, empathy, discipline, and a will to succeed.”
Abbamondi also has a prior history in baseball, having worked for the San Diego Padres, St. Louis Cardinals, and commissioner’s office for Major League Baseball. He was also mentored by Billy Beane, executive vice president of baseball operations for the Oakland A’s, who has recently teamed up with RedBird Capital Partners’ Gerry Cardinale to create a new sports-themed special purpose acquisition company (SPAC).