Utah's Sports Visionary: Ryan Smith Reshapes Salt Lake City
In the evolving landscape of professional sports in Utah, Ryan Smith stands as a pivotal figure ushering in a new era. Known for his business acumen and community investments, Smith has taken bold steps to transform Salt Lake City into a hub for professional sports and urban development. His ventures span from basketball to hockey and beyond, reshaping not only the city's economy but also its cultural identity.
Smith's journey into sports ownership began in 2020 with the ambitious acquisition of the Utah Jazz for $1.66 billion. His influence didn't stop there. Alongside NBA legend Dwyane Wade, who joined as a limited partner, Smith has embarked on elevating the franchise to new heights. Wade once mused, "I took a plane to watch hockey! Never thought I'd do that in my life," acknowledging the dynamic sports environment evolving in Salt Lake City under Smith's stewardship.
The entrepreneur's vision doesn't end with basketball. Smith recently shook up the NHL landscape by purchasing the Arizona Coyotes, relocating the team to Salt Lake City and rechristening them as the Utah Hockey Club. The bold move marks hockey’s debut in the city, further enriching its sporting culture. Gentry Anderson, a local fan, captures the sentiment best: "It's been surreal to have three sports teams here now in Utah owned by someone who will come hang out with the fans."
Holistic Development with an Olympic Dream
Beyond expanding Utah's professional sports roster, Smith is deeply entrenched in the broader development of Salt Lake City. His initiatives include the downtown redevelopment plan, which, despite facing public scrutiny, aims to revitalize the heart of the city. Smith's holistic approach is testament to his commitment to fostering a vibrant urban ecosystem that supports community engagement and growth.
Smith's sporting dream has its sights set far beyond national leagues. He is playing a critical role in bringing the Winter Olympics back to Utah in 2034, a testament to his far-reaching influence and dedication to raising the state's international profile. Such ambitious projects demonstrate his capacity to dream big and act boldly, resonating with his belief: "My dream is to become an NBA owner," reflecting a lifelong pursuit of challenges and accomplishments.
Educational Engagement and Local Contributions
Smith's contributions extend into education and community support. Engaged with Brigham Young University, where he co-teaches a business class, he underscores the symbiotic relationship he maintains with his alma mater. "I'm not a donor or involved with BYU because I went to school there. I'm there because I owe them a lot," he shares, highlighting a narrative of gratitude and giving back.
The university also recently made headlines when top high school basketball prospect A.J. Dybantsa chose BYU, lured by a significant NIL financial package. This decision underscores Smith’s influence in making Utah, and particularly BYU, an attractive destination for rising talents across various fields.
Moreover, Ryan and Ashley Smith's involvement in local soccer is notable, with stakes in Major League Soccer's Real Salt Lake and the National Women's Soccer League's Utah Royals. This diversification of interests not only broadens their impact on the local sports scene but also boosts the city's stature as a vibrant sports hub.
Smith remains a keystone figure in Salt Lake City's transformation. "We were thankful for the two of our brains combined and our different strengths," Ashley Smith comments, offering insight into the dynamic partnership that powers their ventures. His multidimensional strategy in sports and urban development is not merely about expansion but ensuring meaningful, lasting contributions to the community.
The unfolding story of Ryan Smith in Salt Lake City is one of ambition, innovation, and a profound connection to the community. With each new venture, Smith not only strengthens Utah's position on the national sports stage but also fortifies its foundation for the future, inviting both residents and fans alike to be "all-in on whatever we're doing." His vision is steadily reshaping the city’s skyline and its cultural heartbeat, ensuring that the echoes of roaring crowds harmonize with the city's enduring spirit of progress and unity.