Brandon Steiner Explained

Brandon Steiner
Birth Date:23 June 1959
Birth Place:Flatbush, Brooklyn, New York
Alma Mater:Syracuse University
Occupation:Author
Years Active:1987 - present
Organization:Steiner Sports Marketing
Spouse:Mara Steiner
Children:2
Parents:Evelyn Sachs and Irving Steiner

Brandon Steiner (born June 23, 1959) is a sports marketer. He was the founder and former CEO of Steiner Sports now owned by Fanatics. He is currently the founder and CEO of CollectibleXchange and The Steiner Agency. He and his family live in Scarsdale, New York.[1] [2]

Personal life

Steiner was born in Flatbush, Brooklyn, New York. His parents, Evelyn Sachs and Irving Steiner, were both Jewish.[3] According to Steiner, he was "extremely poor. I had no money." He is the middle of three sons: his older brother, Cary, is a writer and educator; his younger brother, Adam, is an anti-smoking activist.

Steiner graduated from John Dewey High School in Coney Island in 1977.[4]

After graduation, he attended the Martin J. Whitman School of Management at Syracuse University.[5] He was also a member of the Syracuse chapter of the Phi Gamma Delta (FIJI) fraternity serving as the treasurer.[6] He graduated in 1981.[7]

In 1988, Steiner married his wife, Mara. They have two children, Crosby (1991) and Nicole (1994). Steiner is a longtime resident of Scarsdale, New York.[8] [2]

Everything bagel invention claim

Steiner has claimed to have invented the everything bagel in 1973.[9] Steiner believes his invention at a bakery predates efforts by all the others. In a 2016 blog post, Steiner writes:

"One night I was screwing around with different combinations of toppings – sesame, salt, poppy, onion and garlic – making braids, onion flats, and other unorthodox concoctions. Then, after a while, I had the thought to throw all the toppings on a bagel at once. That’s how I invented the everything bagel. This was 1973; I was 14."

Career

Early years

After college, Steiner went to work for Hyatt Hotels and was part of the team that opened the Hyatt Inner Harbor in Baltimore, one of the company’s most successful hotels. In 1984, he moved back to New York City and helped open and manage operations at the new Hard Rock Cafe in New York City.

In 1985, Steiner and a team of investors opened the Sporting Club, one of the first modern sports bars in the country.

As the Sporting Club succeeded, Steiner was recruited by athletes such as Mickey Mantle, Ron Darling and Lawrence Taylor to help open their own sports bars. He also began to recruit athletes to make appearances at the Sporting Club.

Steiner Sports

In 1987, using his $8000 savings, Steiner launched Steiner Associates,[10] a sports marketing company in New Rochelle, New York. It was an effort to pair up athletes with businesses that needed to draw customers. Steiner was reported as making company sales of $5 million by 1993, charging athletes between 10 and 20 percent commission.

Today the company is best known for its memorabilia. In 2000, Steiner sold Steiner Sports to Omnicom, but remains CEO and retains control over daily business operations.[11]

In 2005 Steiner reached an agreement with the New York Yankees to create Yankees-Steiner Collectibles. As part of the agreement, Steiner would have license to "market a wide range of products, which will include game-used bases, bats, balls, player jerseys, caps and lineup cards."[12] Later in 2005, Steiner reached a similar agreement with Notre Dame University to create Notre Dame Collectibles by Steiner [13] In 2008, the Dallas Cowboys partnered with Steiner to form Cowboys-Steiner Collectibles.[14]   In 2010, the Madison Square Garden company partnered with Steiner to create MSG Steiner Collectibles.[15]   Under the deal, Steiner was given license to sell "artifacts, memorabilia and hand-signed items featuring the storied history – past and present – of the Knicks, Rangers, Liberty and The Garden."[16]

Since 2006, Steiner has been the host of Memories of the Game on the YES Network.[17]

In 2008, Steiner placed over a million athletes' signatures into the market.

In 2011, Newsday called Steiner "one of the most innovative, influential figures in the history of sports memorabilia."[18]

, Steiner Sports maintains relationships with over 5,000 athletes.

In June 2012, Steiner announced that he had acquired the rights to Don Larsen’s game-worn jersey from Game 5 of the 1956 World Series.[19]

Steiner and Steiner Sports are perhaps best known for reaching an agreement with the New York Yankees in 2009 to sell off a wide variety of memorabilia from the Old Yankee Stadium including seats, signs, lockers and the Frieze.[20]

In May 2019, Steiner Sports was sold to Fanatics.

CollectibleXchange and The Steiner Agency

After 32 years of overseeing Steiner Sports Marketing & Memorabilia, Brandon launched The Steiner Agency and the CollectibleXchange in late 2019.

The Steiner Agency brings a unique, one-of-a kind business model together with over 30 years of sponsorship/brand activation and promotion experience, to connect clients with exclusive sports properties. They design and execute unique events on behalf of clients featuring dynamic sports personalities. These strategic marketing events help tap into the emotional platform of sports, resulting in a cohesive alignment between brand and athlete, driving positive brand value and creating memorable guest experiences.

A dynamic marketplace, CollectibleXchange (CX) is a revolution within the collectibles space as it allows individuals to buy, sell and appraise like never before. Likewise, CX is co-opted by players, coaches, executives and agents as they can sell their collectibles (signed, game-used, etc.). Moreover, CX will help design, create, market, warehouse and ship player branded apparel, food products and cosmetics.

Legal settlements

In 2005, Steiner Sports and MLB Advanced Media reached a settlement with the City of New York, after charges were brought that Steiner and MLB had deceived fans through e-mail promotions. As part of the settlement, Steiner paid $16,666 to the City of New York and contributed $33,333 worth of memorabilia to City Store.[21]

In 2009, a class action lawsuit was filed against Steiner Sports and the Yankees, claiming that the two had repainted and made other modifications to seat pairs from the original Yankee Stadium that were advertised as completely unrefurbished.[22] A settlement was reached in 2010, with Steiner admitting no wrongdoing.[23]

Author and speaker

Steiner has spoken at the Harvard Business School, Columbia, Yale,[24] Financial Executives International, Manhattanville College,[25] Syracuse University[26] and others.

Steiner is the author of three books: The Business Playbook (2003), You Gotta Have Balls: How a Kid From Brooklyn Started From Scratch, Bought Yankee Stadium and Built a Sports Empire (September 2012)[7] and Living on Purpose: Stories about Faith, Fortune, and Fitness That Will Lead You to an Extraordinary Life (December 2018).

External links

Notes and References

  1. Levin, Robert. "The Natural". New York Enterprise Report. 2008.
  2. Web site: About. Brandon Steiner.
  3. News: How You're Judged. Brandon Steiner. 2017-11-06.
  4. Book: Steiner. Brandon. You Gotta Have Balls: How a Kid From Brooklyn Started From Scratch, Bought Yankee Stadium and Created a Sports Empire. 2012. John Wiley & Sons. Hoboken, N.J.. 978-1-118-17207-0. 17 November 2017.
  5. News: Michael . Matt . Steiner Support Fund Now Available to Sport Management Students . 12 January 2024 . . January 11, 2024.
  6. Sherman, William. "Autograph on items is big biz". New York Daily News, November 5, 2000.
  7. News: Waters . Mike . Brandon Steiner, Syracuse grad and CEO of Steiner Sports Marketing, authors book on his sports empire . 20 February 2022 . . 19 September 2012 . en.
  8. Adely, Hannan. "Sports exec and wife to be honored." The Journal News. Date unknown.
  9. Web site: I Invented the Everything Bagel. Brandon Steiner. 2019-03-26.
  10. News: Martin. Douglas. Strictly Business – Trying to Spin the Star Dust of Athletes Into Gold. The New York Times. May 10, 1993. November 16, 2017.
  11. Elliot, Stuart. "The Media Business: Wolfe and Omnicom Make Acquisitions." New York Times, September 18, 2000.
  12. Major League Baseball. 'Yankees, Steiner Sports partner up', Yankees.com, March 31, 2005.
  13. Klein, Jason. "Take Home a Piece of Notre Dame History." und.com. October 8, 2010.
  14. Beckett Media. "Dallas Cowboys, Steiner Ink Exclusive Deal." Beckett.com. July 23, 2008.
  15. Lefton, Terry. "MSG signs Steiner Sports for memorabilia." Sports Business Journal. October 11, 2010.
  16. Web site: 2010-10-19. Steiner Partners with MSG for Knicks, Rangers Memorabilia. 2022-02-20. Sports Collectors Daily. en-US.
  17. YES Network. "Yankees-Steiner Memories of the Game. YesNetwork.com. July 15, 2012.
  18. Web site: Best. Neil. Brandon Steiner: king of stuff. 2022-02-20. Newsday. en.
  19. Associated Press. "Don Larsen Auction: Jersey From Yankees Pitcher's Perfect Game In 1956 World Series To Sell." Associated Press. AP.com. June 28, 2012.
  20. Web site: 2009-05-18. PLAYERS PICK OUT A PIECE. 2022-02-20. New York Post. en-US.
  21. News: MLB Advanced Media and Steiner Sports Ink Agreements Totaling More Than $230,000 to Settle Charges of Deceptive Email Promotions. . 20 February 2022 . . April 9, 2005.
  22. Web site: 2009-10-22. Steiner Sports, Yanks sued over stadium seat sales. 2022-02-20. River Avenue Blues. en-US.
  23. Web site: 2010-08-05. $ettling into Yank seats. 2022-02-20. New York Post. en-US.
  24. Leaders Online. "Remembering the Moments." LeadersMag.com July 16th, 2012.
  25. Schackman, Paul. "Manhattanville Job Fair." Sports Agent Blog. SportsAgentBlog.com. November 7th, 2011.
  26. News: Barrett . Michele . Brandon Steiner, founder and chairman of Steiner Sports Marketing, to speak at SU April 6 . 20 February 2022 . Syracuse University News . 2 April 2010.