Ryan Smith: Transforming Salt Lake City's Sports Landscape
In a remarkable transformation of Salt Lake City's sports scene, Ryan Smith has left an indelible mark on the state of Utah. Best known as the co-founder of Qualtrics, Smith has embarked on an ambitious journey that merges his business acumen with his passion for sports. His efforts to redefine Salt Lake City as a sports hub have not gone unnoticed, drawing attention from fans and critics alike.
October saw a significant milestone with the debut of the Utah Hockey Club, a brainchild of Smith’s vision. The newly rebranded team represents a strategic acquisition—Smith successfully purchased the NHL's Arizona Coyotes and moved them to Salt Lake City. This audacious move has introduced hockey to a city traditionally rooted in basketball, enriching the local sports culture with newfound diversity. As Dwyane Wade, a limited partner of the Utah Jazz, quipped, "I took a plane to watch hockey! Never thought I'd do that in my life."
Basketball Dominance: The Utah Jazz
Smith stepped into the national spotlight in 2020 when he purchased the Utah Jazz for a staggering $1.66 billion. Besides acquiring a major stake in one of the NBA's prominent teams, Smith shares the dream of deepening his involvement in professional basketball. "My dream is to become an NBA owner," he candidly stated, reflecting an aspiration that resonates with many sports enthusiasts.
Wade's involvement as a part-owner adds an intriguing dynamic to the franchise. His sports legacy and star power have complemented Smith's business savvy, creating a partnership that seduces fans and maintains the Jazz as a formidable force in the league. Amongst the local community, there's a palpable excitement surrounding this new era of leadership for the Jazz.
Engagement Beyond Basketball
Smith's influence extends beyond the basketball court. With his wife, Ashley Smith, he holds stakes in Major League Soccer's Real Salt Lake and the National Women's Soccer League's Utah Royals, further solidifying the couple’s investment in the state’s sports landscape. This comprehensive approach to sports reflects Ryan Smith's holistic vision.
His commitment to Utah is evident in broader initiatives like the downtown Salt Lake City redevelopment plan. Although pure in its intent to invigorate the city, the plan has faced public scrutiny and incited debates over its execution. As development discussions continue, it's clear that Smith values dialogue and diverse input. "I want everyone to be all-in on whatever we're doing. And if people don't speak, they can't be all-in," he remarked, emphasizing the necessity of transparency and collaboration.
Brigham Young University and Olympic Dreams
Smith's ties with local institutions are deeply personal. He frequently collaborates with Brigham Young University, not just as a benefactor but also as an educator, co-teaching a business class. "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 reflected with sincerity, acknowledging the university's influence on his journey.
Beyond education, Smith plays a pivotal role in Utah's bid to host the 2034 Winter Olympics. His involvement in the Olympic effort is yet another testament to his relentless pursuit of elevating Utah to a global stage, reinforcing Salt Lake City's reputation as a sports destination.
Community Connection
Gentry Anderson, a local sports enthusiast, vividly encapsulates the essence of Smith's impact: "It's been surreal to have three sports teams [four professional clubs] here now in Utah owned by someone who will come hang out with the fans." Smith’s approachable nature and willingness to engage with the community foster a profound connection between the fans and the teams they support.
With the addition of high school basketball prodigy A.J. Dybantsa to BYU, motivated by a significant NIL financial package, Smith’s influence reverberates through various sports sectors. His vision has transformed Utah’s sports ecosystem from a focal point to a thriving, multifaceted institution.
As Salt Lake City cements its status as a beacon for professional sports, Ryan Smith remains at the heart of this metamorphosis. With four professional teams now calling Salt Lake City home, Smith's influence is not just celebrated but felt in every corner of the community. His combined roles as entrepreneur, sports enthusiast, and community leader have cultivated a sports renaissance in Utah, setting a precedent for future generations.