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Wrong Larry Miller?

Larry H. Miller

Email: l***@***.com

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Background Information

Affiliations

LDS Living Inc

Member


Education

Amherst College


West High School


honorary Doctorate of Laws Degree

University of Utah


honorary doctorate degrees

Salt Lake Community College


honorary doctorate degrees

Utah Valley State College


Web References(136 Total References)


www.beacontn.org

Jazz owner Larry H. Miller is the winner and Utah taxpayers are the losers.


deronwilliams.com

Williams, who's previously donated raised funds to battle cancer and autism, picked JDRF as his charity this year, in part because his grandparents had diabetes and because former Jazz owner Larry H. Miller passed away from complications of the adult-onset disease earlier this year.


gregmillertoyota.com

SALT LAKE CITY - For years, Greg Miller built a solid reputation in the local community shepherding the business empire started by his late father Larry H. Miller.
Miller announced Wednesday the acquisition of his first automobile dealership with the purchase of Bob Baker Toyota in San Diego, California. "It has been a dream of mine for nearly 30 years to have my own dealership," Miller said. "When an associate at Toyota approached and encouraged me to pursue this opportunity, I realized this was a win-win ­­- a way to fulfill my dream and to continue to be a part of the community I love here in Utah. Miller said he will continue to be actively involved on the LHM Group board of directors and in serving as the Utah Jazz representative on the NBA Board of Governors. He plans to maintain his Salt Lake City residence and continue serving in several religious and civic capacities, including on the board of the Utah Office of Tourism. Having started sweeping floors at the lot at his father's first car dealership - Toyota of Murray - Miller has more than 30 years of experience in the car business in a variety of capacities, including management at dealerships within the Utah-based LHM Group. "I'm excited to begin this new venture in San Diego with Toyota, a brand I have decades of experience and familiarity with," he said. Because the LHM Group already has established Toyota dealerships within the region, Miller said he had to look outside of the area to find a store that was for sale - though not too far. "I didn't want to fly more than a couple of hours," he told the Deseret News. "California was attractive to me." Not long ago, Miller said he received a call from a business associate alerting him of the chance to purchase a dealership that was coming up for sale. "I jumped on a plane the next day," he said. With the purchase now officially complete, during the initial phase of ownership, he said he plans to split time between his home base in Utah and in Southern California. "We bought a small (condo) a few minutes from the dealership and close to the airport, so I can get back and forth efficiently," Miller said. "I'll have to live out of a suitcase for a while. While he is spreading his entrepreneurial wings with the new venture, Miller insists he has no plans to distance himself from his Salt Lake roots. "Our family's commitment to Salt Lake City and the state of Utah is as strong as it's ever been," he said. "This is just the natural evolution of things for me in particular. Running his own dealership, he said, will be a welcome departure from the responsibility of leading a multibillion dollar corporation. "It is more exhilarating to me to be in a position where I'm running one little dealership, where every decision I make can have an impact on the outcome of the business - for better or worse," he said. "That's exciting to me." http://www.deseretnews.com/article/865652584/Greg-Miller-buys-his-own-car-dealership-in-California.html


www.sltrib.com

(Rick Egan | Tribune File Photo) Utah Jazz coach Jerry Sloan, owner Larry H. Miller and Jazz Vice President of basketball operations Kevin O'Connor discuss their options in the final moments of the 2006 NBA draft.
Scott Sommerdorf | The Salt Lake Tribune) Former Utah Jazz head coach Jerry Sloan and assistant coach Phil Johnson (far left) listen as they are applauded In the Utah House of Representatives, Monday, March 7, 2011. The two former coaches were accompanied by Gail Miller, wife of former Jazz owner Larry Miller (right). Francisco Kjolseth | The Salt Lake Tribune) Jerry Sloan, left, head coach of the Utah Jazz is patted on the back by Jazz owner Larry H. Miller following his announcement to keep coaching the team through the 2007-2008 season during a press conference at the Delta Center on Thursday May 12, 2005. Laura Seitz | Pool Photo Karl Malone and Jazz Coach Jerry Sloan chat after the funeral service of Salt Lake City businessman and former Jazz owner Larry H. Miller at EnergySolutions Arena on Saturday, February 28, 2009, in Salt Lake City, Utah. (Rick Egan | Tribune File Photo) Utah Jazz coach Jerry Sloan, owner Larry H. Miller and Jazz Vice President of basketball operations Kevin O'Connor discuss their options in the final moments of the 2006 NBA draft.


www.fundinguniverse.com [cached]

Larry H. Miller becomes the new owner of the Jazz.
In April 1985 Battistone's company, StratAmerica, announced that it had sold a 50 percent interest in the Jazz to Utah auto baron Larry H. Miller. Although the $8 million Battistone was asking was "well in excess of my net worth" Miller later recalled, he managed to raise the money in nine days. As part of the agreement, Miller also assumed 50 percent of the club's deferred compensation debt, which bailed the team out financially for a time. A year after the partial sale, Miller formed Jazz Basketball Investors, which acquired a loan package worth $3.6 million, and in October 1986, he bought the Jazz in full for $9 million and the assumption of all the team's outstanding debt. At the time Miller and Battistone turned down another offer from Minnesota buyers to purchase the Jazz for $25 million. Using every tax loophole in the book and putting an end to questionable practices such as giving away thousands of free season tickets to area businesses every year, Miller managed to turn a $123,000 profit in 1987. A key part of Miller's turnaround involved getting Salt Lake to see what a valuable asset it had in the Jazz. He warned community leaders that if the city lost a second basketball team it would likely never get another one. Salt Lake City, led by the chamber of commerce, responded. Corporate sponsors were signed on; season ticket sales soared. A Basketball Powerhouse in the 1990s The city helped the Jazz again two years later. When NBA player salaries soared following a new contract in 1988, Miller found that in order to meet his payroll, he needed the Jazz to play in a larger arena. With a waiting list of some 12,000 fans every game at the Salt Palace, Miller knew he could fill a larger venue. In 1990 the Salt Lake Redevelopment Agency floated $20 million in bonds to purchase the site. Miller, eschewing a trend in the 1980s and 1990s that saw communities footing the bill for private stadium and arenas, financed the construction of the Jazz's new Delta Center out of his own pocket, with $5 million of his own money and $66 million in funding from Japan's Sumitomo Trust and Banking Company Limited, which he borrowed. "I am against public subsidies of private enterprises," he later told the Salt Lake Tribune. The Jazz played their first game in the 19,000 seat Delta Center October 4,1991. As owner, Miller put together an exemplary front office organization and showed an unusual ability for retaining talent. Miller forged solid relationships with stars Karl Malone and John Stockton, two of the all-time greats at their positions, proved himself a genial boss, and made Utah a pleasant enough home that neither Malone nor Stockton were tempted to test their true value on the free agent market. Miller was willing to renegotiate the veteran's contract to keep him in Utah, giving him in 1993 a package worth $28 million over a seven-year period. Miller extended Malone's contract again in 1999, a deal reportedly worth $16.5 million a season for Malone. In October 2002, the NBA approved the transfer of the Charlotte Hornets franchise to the Jazz's old home of New Orleans, and Larry Miller announced that he would be willing to sell the Jazz name back to New Orleans, a possibility of which Hornets management expressed interest. In December 2002, Miller added another sports complex to his Jazz holdings. The club purchased an old furniture warehouse and converted it to a state-of-the-art training facility that included two NBA-sized courts with bleacher seating for more than 700 at each. The structure also included office space for some of Miller's other businesses. "Stratamerica Completes $9 Million Sale of Utah Jazz Basketball Team to Larry H. Miller," Business Wire, October 1, 1986.


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