C
CNBC Television
5hrs

Utah Jazz Owner Ryan Smith Discusses Draft Changes, Team Performance

**Summary:** In a recent CNBC Sports podcast, Utah Jazz and Utah Mammoth owner Ryan Smith discussed the NBA's draft modifications aimed at preventing tanking, and his thoughts on the Jazz's number two overall pick in the upcoming draft. Smith revealed that the ownership group has collectively agreed to address the issue, indicating a shift in the league's culture. He also hinted at potential synergies between owning two professional sports teams, suggesting that improvements in one team's performance can positively impact the other. Smith reflected on his initial ownership of the Jazz, highlighting his enthusiasm for the team and the market. He attributed the decision to reset the organization to the team's performance in the playoffs, indicating that the market's response played a significant role in his decision-making process. Smith's approach to ownership emphasizes adaptability and responsiveness to the team's performance and the market's feedback.