Alec Scheiner

Last updated

Alec Scheiner
RedBird Capital.png
Scheiner
Born
Alec Scheiner

1973 (age 50–51)
Lower Merion, Pennsylvania, U.S.
Occupation(s)Attorney
private equity investor
Website Otro Capital

Alec Scheiner (born 1973 in Lower Merion, Pennsylvania) [1] is a Partner and Co-Founder of Otro Capital, a private equity firm that invests in sports, media and entertainment. [2] Scheiner was previously a Partner at RedBird Capital Partners, helping lead its sports practice. [3] Alec has also served as President of the Cleveland Browns and Senior Vice President of the Dallas Cowboys. [4]

Contents

Early life

Scheiner was born and grew up in Lower Merion, Pennsylvania. After graduating high school in 1988, he attended Georgetown University, graduating with degrees in economics and Latin American studies in 1992. He then attended the Georgetown University Law Center, where he graduated with a J.D. [2] degree in 1997. [5]

Law career

After law school, Scheiner became a lawyer, working at the law firm of Wilmer, Cutler, and Pickering (now WilmerHale), where he practiced from 1997 to 2004. [6]

NFL career

In 2004, Scheiner was hired by the NFL's Dallas Cowboys to be their general counsel. Four years later, he was promoted to vice president, where he was a key player in the day-to-day business operations of the team, as well as a point man for the building of the new Cowboys Stadium (now AT&T Stadium). In 2010, Scheiner was named to Sports Business Journal's "40 Under 40" list of top young sports executives. [1] [7]

On December 18, 2012, Scheiner left the Cowboys to become president of the Cleveland Browns, where he is in charge of all business operations for the team. [1] [7]

On March 4, 2016 Scheiner announced that he would be leaving his role as team president effective March 31. He will stay on with the Browns as a consultant for the remainder of the year. [4]

Private Equity

In 2016, Scheiner left the Cleveland Browns and joined RedBird Capital Partners. He has helped lead sports investments in OneTeam Partners (a partnership with the NFLPA and MLBPA) and Toulouse FC (and sits on the boards of each) and is the CEO of RedBall Acquisition Corp, a Special Purpose Acquisition Company with Billy Beane and Gerry Cardinale serving as co-chairman. [8] Scheiner also helped lead RedBird’s $750M investment in Fenway Sports Group. [9]

In 2018, Scheiner partnered with four executives at RedBird Capital Partners to launch Otro Capital, a private equity company investing in sports, media and entertainment. [8]

Personal

Scheiner has three children from a previous relationship - daughter Norah, and sons Rafe and Max. [7] In 2024, Alec married Sara Goodman, who has a daughter Siena from a previous relationship. [10]

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References

  1. 1 2 3 "Alec Scheiner to become new president of Cleveland Browns - ESPN Dallas". Espn.go.com. December 18, 2012. Retrieved February 11, 2014.
  2. 1 2 "Alec John Scheiner Profile | Berea, OH Lawyer | Martindale.com". Martindale.com. Retrieved November 23, 2021.
  3. ↑ "RedBird, which has two former Browns executives in key roles, teams with 'The Rock' to buy XFL". Crain's Cleveland Business. August 3, 2020.
  4. 1 2 McManamon, Pat (March 4, 2016). "Browns president Alec Scheiner resigns". ESPN.com . ESPN.com. Cleveland Browns president Alec Scheiner has resigned effective March 31, the team announced Friday.
  5. ↑ "Alec Scheiner | LinkedIn". Linkedin.com. Retrieved February 11, 2014.
  6. ↑ "Alec Scheiner | MIT Sloan Sports Analytics Conference". Sloansportsconference.com. Archived from the original on February 22, 2014. Retrieved February 11, 2014.
  7. 1 2 3 "Browns name Alec Scheiner President". Clevelandbrowns.com. Archived from the original on February 22, 2014. Retrieved February 11, 2014.
  8. 1 2 "Report: RedBall SPAC drops pursuit of Fenway Sports Group stake". SportsPro. January 26, 2021.
  9. ↑ "Liverpool FC owner valued at $7.4bn in deal with LeBron James and RedBird". Financial Times. March 31, 2021.
  10. ↑ "Instagram". www.instagram.com. Retrieved April 3, 2024.
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