Cleveland Cavaliers CEO Len Komoroski Joins Innovative Partnerships Group Board of Directors

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Innovative Partnerships Group , a global leader in developing long-term, revenue-generating partnerships between professional sports teams, prestige real estate properties, and global brands, today announced that Len Komoroski, CEO of the Rock Entertainment Group, Cleveland Cavaliers and Rocket Mortgage FieldHouse, has joined its board of directors.

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Business Wire, Inc.

Retrieved on:

Tuesday, August 17, 2021

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United States, California, Ohio, NORTH AMERICA, LOS ANGELES

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INNOVATIVE PARTNERSHIPS GROUP

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Innovative Partnerships Group , a global leader in developing long-term, revenue-generating partnerships between professional sports teams, prestige real estate properties, and global brands, today announced that Len Komoroski, CEO of the Rock Entertainment Group, Cleveland Cavaliers and Rocket Mortgage FieldHouse, has joined its board of directors.
View the full release here: https://www.businesswire.com/news/home/20210817005156/en/
Len Komoroski, CEO of the Rock Entertainment Group, Cleveland Cavaliers and Rocket Mortgage FieldHouse, has joined the Innovative Partnerships Group Board of Directors.
Innovative Partnerships Groups unique approach is a game-changer when it comes to executing naming rights, founding partnerships, and other major sponsorship opportunities, said Komoroski, a 30-plus-year veteran of pro sports and entertainment.
As CEO of the Cavaliers, Rocket Mortgage FieldHouse, and Rock Entertainment Group, Komoroski oversees the Cavaliers, the American Hockey Leagues Cleveland Monsters, NBA G Leagues Canton Charge, and NBA 2K esports team the Cavs Legion Gaming Club.

Innovative Partnerships Group, a global leader in developing long-term, revenue-generating partnerships between professional sports teams, prestige real estate properties, and global brands, today announced that Len Komoroski, CEO of the Rock Entertainment Group, Cleveland Cavaliers and Rocket Mortgage FieldHouse, has joined its board of directors.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210817005156/en/

Len Komoroski, CEO of the Rock Entertainment Group, Cleveland Cavaliers and Rocket Mortgage FieldHouse, has joined the Innovative Partnerships Group Board of Directors. (Photo: Business Wire)

“Len is one of the most intelligent and well-regarded senior executives working at the intersection of sports and entertainment today, and has a proven track record in building high performing organizations,” said Innovative Partnerships Group CEO Jeff Marks. “He is the perfect fit for us at a time when the company is poised for massive growth in a wide array of industry sectors, both nationally, and globally.”

“Jeff and his team are best-in-class in strategically optimizing contractually-obligated income (COI). Innovative Partnerships Group’s unique approach is a game-changer when it comes to executing naming rights, founding partnerships, and other major sponsorship opportunities,” said Komoroski, a 30-plus-year veteran of pro sports and entertainment. “I look forward to working with Jeff and the team and the board as they continue to reimagine and revolutionize the COI space in sports and beyond.”

As CEO of the Cavaliers, Rocket Mortgage FieldHouse, and Rock Entertainment Group, Komoroski oversees the Cavaliers, the American Hockey League’s Cleveland Monsters, NBA G League’s Canton Charge, and NBA 2K esports team the Cavs Legion Gaming Club. The FieldHouse is also one of the highest performing live entertainment venues in North America. He also plays a major leadership role in Cavaliers Chairman Dan Gilbert’s Ohio-based sports and entertainment interests.

The Cavaliers have been at the forefront of innovation and are considered one of the best business operations in all of sports. The team has also consistently been among the league leaders in revenue generation during Komoroski’s tenure and set a new standard for COI for mid-to-small market new and or major renovated arenas in the NBA with the completion of the $185 million Rocket Mortgage FieldHouse transformation. After joining the Cavaliers in 2003 as president, Komoroski instituted significant changes to the team’s business, marketing, and communications practices, developing it into one of the NBA’s most dynamic game experiences. Previously he served as senior vice president, business operations for the NFL Philadelphia Eagles, where he played a leadership role in developing and commercializing Lincoln Financial Field, setting a new benchmark for COI for major professional sports. In addition, Komoroski played a leadership role in the startup of the Minnesota Timberwolves and the development of Target Center.

About Innovative Partnerships Group

Los Angeles-based Innovative Partnerships Group is a leader in developing long-term, revenue-generating business partnerships between global brands and high-profile sports and entertainment venues as well as other prestige properties. The company is known for naming rights, founding partnerships and long-term sponsorship transactions. The company’s proprietary Partnership Intelligence™ system allows properties and brands to accurately assess the value of these deals and compare their impact to traditional media advertising. For more information, visit www.ipg360.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210817005156/en/