Discover the $10M secret to success in sports and spirits with former NBA team owner and tequila entrepreneur Gavin Malouf! 🏀 From becoming the youngest owner in professional sports history to winning an NHL championship with the Vegas Golden Knights,
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Gavin Maloof
Basketball's big worldwide, you know, it's really incredibly big. And you can find a gem over there. Just a lot of scouting.
Sean
Yeah.
Gavin Maloof
And it's like, you say analytics, but you really have to rely on the general manager, the person that's picking the talent. That's how your franchise is going to win or lose. It's him, the person picking the talent.
Sean
All right, guys, Gavin Maloof here. We're gonna start off with a shot. Let's do it.
Gavin Maloof
All right.
Sean
Call me Sario. Tequila brand you just invested in, right?
Gavin Maloof
Yes, absolutely.
Sean
Thank you. Wow. I'm excited. You said it's better than 42. Let's see.
Gavin Maloof
We've won close to 50 awards. Gold, silver, double gold. Platinum. Our reposado actually just won a platinum award. It's never been awarded. That's best in show, and it's never had that. That means that our reposado is, like, the number one in the world.
Sean
Yeah. Wow. Cheers to that, man. Let's do it. Oh, my gosh. That was the smoothest shot I've ever had. Well done, man. Well done.
Gavin Maloof
It's. It's. It's really an incredible product of we. You'll notice how smooth it is. And even though we have the blanco, the reposado, this is the Anejo H2, two years in Oak casts. And then we have the extra naho, which is age seven years. And that's really incredible.
Sean
I mean, that for two years was incredible. It barely even tastes like. Like alcohol to me.
Gavin Maloof
Yeah. And, you know, it's just from the. Distilled in the highlands of Jalisco. And if there was a designation for organic in Mexico, we would be organic.
Sean
Really?
Gavin Maloof
Yes.
Sean
So Mexico doesn't have organic products.
Gavin Maloof
They don't have. They don't. They don't have a designation. Organic. They don't have that title.
Sean
I didn't know that. So that's a us thing, then.
Gavin Maloof
Yes, us. But if they did have one, we would be organic.
Sean
Nice.
Gavin Maloof
Because it's. It's just pure tequila. We. We actually have more heart of the agave plants. Eight heart of the agave plants per bottle. And some of the competition, like Casamigos and Patron use like, two or three hearts of the agave plant.
Sean
Okay.
Gavin Maloof
So it's all. It's pure. There's nothing. There's no additives, no preservatives. Just pure tequila.
Sean
Incredible. When did this launch?
Gavin Maloof
We launched about six years ago. I mean, it's a relatively new brand. We haven't been around that that long. That's why we're trying to do these podcasts and obviously your great show. We appreciate you put me on. And we really want to get the word out because we say it's the best tequila no one's ever heard of. But here in Las Vegas, we have a really huge footprint with Bellagio. We're in just about every account in Bellagio. We're in Aria. Some accounts in Aria. Fountain blue.
Sean
Nice.
Gavin Maloof
So Peter Luger's. We have a drink that's in Caesars that's a very iconic. You know, Peter Luger's that I've heard of.
Sean
Yeah. I haven't been there yet.
Gavin Maloof
New York. And it's very iconic. It's at Caesars. It does. Incredible. We have a black cherry margarita that will change your life.
Sean
That sounds really good.
Gavin Maloof
I mean it is my all time favorite drink that I've ever had. And we. They sell like 10 to 15 cases a month.
Sean
Holy crap. With one drink just at Peter Luger's.
Gavin Maloof
Yes.
Sean
Wow. I gotta check that out. Are you guys in the Vegas Golden Knight Stadium?
Gavin Maloof
We're getting there. We're. We're. We're trying to work a deal with T Mobile and like I said, we, we're just kind of new on the scene.
Sean
Yeah.
Gavin Maloof
But we're, we're getting a lot of icon. We're Wolfgang Puck. We're in Spago at Bellagio. So we're iconic places and, and restaurants and it's just really have exploded.
Sean
And your family's been involved in the liquor space for quite some time, Right? Getting involved with Coors in 1937.
Gavin Maloof
Yes. Even probably. Yeah. I guess it's a 37. Yeah. Maybe 100 years.
Sean
Almost 100 years.
Gavin Maloof
Yeah. We were actually. My family was. We're from New Mexico born. And I was born in Albuquerque. My grandfather started Coors and we were one of the nine states. There was nine and a half states, half of Texas, original distributors for Coors. So we were Coors distributors 75 years.
Sean
Wow.
Gavin Maloof
And we were also in the liquor business. We sold Jack Daniels, Bacardi, Robert Mondavi, Gallo. So. So I have an extensive. I grew up in the liquor business. That's in the beer business. That's what I've done my whole life.
Sean
Yeah. And that industry, how's it doing lately? Because there is a movement towards sobriety with people my age.
Gavin Maloof
Is it.
Sean
I saw hard seltzer. Sales were down quite a bit actually.
Gavin Maloof
Really? Well, we, you know, we don't want people to overindulge. Drink responsible.
Sean
Yeah.
Gavin Maloof
And we never promote doing shots. 10 million shots or that we, you know, we don't, we don't promote that. This, this is actually a. You can shoot this like we did, but it's a sipping tequila, so it's great on the rocks. Or like we say in the, in the liquor business, Sean, we don't care how you drink it. Just drink it.
Sean
Yeah, yeah. I was never patient enough for the sipping drinks.
Gavin Maloof
Okay, well then you could shoot it.
Sean
Yeah. I remember once I went to an event and what's that big brand that does the sipping shots? Do you know the name?
Gavin Maloof
The oh of Fireball?
Sean
No, it's like a really expensive alcohol. I'm blanking on the name, but. Oh, Jagermeister, something like that. And they were basically like pouring shots for everyone.
Gavin Maloof
Yes.
Sean
And I just down mine. But you were supposed to sip it apparently for the whole night.
Gavin Maloof
Well, I'll tell you one thing. Being in the liquor business all my life that like I've been in my family's been in. There's no right or wrong way to drink alcohol or to enjoy alcohol. Just however you like it. Yeah, there's no right or wrong way.
Sean
Absolutely.
Gavin Maloof
That's what we say.
Sean
Oh, it's Louis xiii.
Gavin Maloof
Oh, Louis xiii. Okay, watch this. So I had Louis XIII at my house. I've never opened the bottle. And then I had our extra ano. Which we should bring him a bottle.
Sean
Remind me, that's a seven year one. Seven.
Gavin Maloof
Seven year old. It'll change your life. So I did a taste test with my girlfriend and I, we did a taste test with Louis XIII versus our extraneo, the seven year. And I. I gotta tell you, I couldn't even drink the Louis.
Sean
Whoa, Are you serious?
Gavin Maloof
Yeah, it was harsh.
Sean
It was that different.
Gavin Maloof
But, but ours is so smooth and so great that the extra, it's. It's styled after a lot of the great cognacs and brandies. See, See, brown spirits worldwide is like the number one liquor in the world is Johnny Walker. That's the really liquor in the entire world.
Sean
Not, not maybe in terms of sales by like dollar amount sales.
Gavin Maloof
I would say sales of maybe dollar wise as well, because it's an expensive item. So Luis Coda, one of our founders, and then Steve Rice is our main, main owner. But he styled this after all the great cognacs and brandies. That's why you see the color of it, that the anejo and then the extra anejo and then our reposado was as well. And that's kind of how he styled this tequila. So sometimes you try it it tastes like tequila, but it's something like when people try it, they go, wow.
Sean
Yeah. That didn't taste like any liquor to me, man. I'm very impressed.
Gavin Maloof
Impressive, isn't it?
Sean
I don't drink often because of the taste. Usually.
Gavin Maloof
Yeah. You know, Sean, I. I was never really a tequila drinker until I got involved. I got involved with Commissarial probably two and a half years ago. Two, three years ago. But I. I've always been. I always liked rum.
Sean
I was like, you're a rum guy.
Gavin Maloof
Rum. Yeah.
Sean
Okay.
Gavin Maloof
Rum runner.
Sean
Wow. Those are a rare breed, man.
Gavin Maloof
Yeah, I like rum, but I still like it, but. But now I find myself drinking these margaritas.
Sean
Yeah.
Gavin Maloof
And even like Bellagio. We have the black cherry margarita at the sports book at Bellagio. And. Wow, is it good?
Sean
I gotta try that out.
Gavin Maloof
Yeah. And then we also have. We're with Kroger now. We're just kind of getting the ball rolling. But we're actually in 42 states, going in eight countries. We're going in Japan, we're going into Costco's in Japan and Costco.
Sean
Nice.
Gavin Maloof
Yes, yes. It's just, you know, it's all coming. This is like a big freight train crushing it.
Sean
Is this your main focus right now?
Gavin Maloof
It is, it's. It's my main focus. Yes. And. And we also have a brand that my family owns called Drink Aid. And it's. It's a hangover prevention.
Sean
I've seen that.
Gavin Maloof
Gift shots.
Sean
Yeah. It's in grocery stores, right? Yes, I see it at the checkout.
Gavin Maloof
Yes.
Sean
That's you.
Gavin Maloof
That's ours.
Sean
Wow. So that's like the hangover prevention. Oh, prevention. So you drink it before.
Gavin Maloof
You could drink it before, you can drink it during, you can drink it after. But if you have a hard night, you should try a drinking. You'll be fine in the morning. But we're in a lot of the gift shops, a lot of the casino gift shops and.
Sean
Nice. Still involved with professional sports too?
Gavin Maloof
Yeah, we, we, we. Well, we've been in sports our whole life. Yeah, we still in the Houston Rockets. And I was the youngest owner in the history of major professional sports.
Sean
Wow.
Gavin Maloof
24 years old.
Sean
Holy crap.
Gavin Maloof
Yeah. When we own the Rockets, we had Moses Malone, Calvin Murphy, Robert Reed, Rudy Tomjanovich. You know, that was our. When we went to the Watch as we went to the. I was 24 years old. Unfortunately, my father passed away and I took over the team and we went to the finals against the Celtics. We ran into a guy maybe you had never Heard of him? Larry Bird?
Sean
I've heard of him.
Gavin Maloof
You've heard of him? Yeah, well, we ran into him. So we. We lost in the finals, but we had a losing record. We had a 40 and 42 record and went to the finals.
Sean
Wow.
Gavin Maloof
And I don't know if it's ever happened.
Sean
No, definitely not.
Gavin Maloof
Yeah, we had a losing record. And so.
Sean
So you were like an eight seed.
Gavin Maloof
Yes.
Sean
Wow.
Gavin Maloof
Yes.
Sean
So you beat the one seed in the first round, and we beat the Lakers. Oh, is that with Magic Johnson?
Gavin Maloof
Yes.
Sean
Wow.
Gavin Maloof
Yes. You know that? Yeah.
Sean
Yeah, I know. NBA.
Gavin Maloof
So. So watch this. So we. When we. We played the Lakers in 1980. I hate to date myself, but I guess I will. 1980. So magic is a great guy. Back then it was a two out of three miniseries. So we won one game at home. Then we had two games in Los Angeles, and I was in the stands, and we played the Magic. So we were up by one point. So Magic dribbles around and he throws up a hook shot from like, 5ft and gets all air, which probably never happened in his life.
Sean
Yeah.
Gavin Maloof
Air ball. We win the. We win the game, we win the series. So I run down the court, and I'm 24 years old. I might look a little younger than you.
Sean
I'm 27, so.
Gavin Maloof
27? You look like you're about 15, but that's okay. It's good to look young.
Sean
Yeah.
Gavin Maloof
So I run down the court. The security guard stops me, says, where are you going? Says, well, I want to get back into the locker room. I want to congratulate my players. She said, well, you can't get back in there. What do you mean I can't? I said, it's my team. I want to go back and congratulate my players. She says, yeah, and I'm the president. And she kicked me out of the building.
Sean
What?
Gavin Maloof
Yeah. Because I didn't think to have a pass, a security pass, or what do you call it?
Sean
Oh, a media pass or media pass.
Gavin Maloof
I didn't think the hell, you know, I just went there by myself.
Sean
What, they didn't recognize you? No, Because I feel like if Mark Cuban was like, yeah, let me get in the locker room right now. They would let him buy.
Gavin Maloof
They would let him buy. Yeah, they would. But back then, it was a different story. So I got kicked out of the building.
Sean
Wow. Your own team.
Gavin Maloof
Yeah, because I looked like you.
Sean
You know, you couldn't even celebrate with the team.
Gavin Maloof
No, I couldn't. And then that was it.
Sean
That's crazy. Wow. And you finally got your first championship a couple years ago with the Vegas Golden Knights, right?
Gavin Maloof
We did, yeah, with the Golden Knights. And we. So after the Rockets, we bought the Kings, Sacramento Kings. And then the day we sold it, we went to see Gary Bettman from the NHL, the commissioner of the NHL. And we asked him. We knew that MGM was building an arena here in Las Vegas. And they said, hey, my brother Joe says, why don't you ask. Let's ask Gary Bettman if expansion team, we can put one in Las Vegas. So Joe and I, the day we sold the Kings, we went that same day, because it's just down the street. NHL and NBA down the street. And we went and saw Gary, and we asked him, gary, what about a team in Las Vegas? And he didn't say yes, but he didn't say no. And that was the key because Gary's a straight shooter. So I knew we had a shot at it. So then we. Joe and I went and we met with some of the executives here at mgm, and also we met with Bill Hornbuckle was all for it. And next thing you know, we went and saw Bill Foley. He's a great guy. And one thing led to another, and here we brought the team here.
Sean
Here we are. It must have been a tough process, moving cities, right? A lot of meetings and money.
Gavin Maloof
Well, we didn't move because we were an expansion team. So we did. We didn't move from another city, but this was. This was an expansion team. It actually took us four years.
Sean
Wow.
Gavin Maloof
To bring the team here. And we went back and forth to New York. It seemed like I was going every other week, possibly for four years.
Sean
That's where the NHL is, New York.
Gavin Maloof
Yes. That's the main office. Joe and I would fly back and forth to Vegas. But. But remember one thing. You know, a lot of people didn't think the team would ever work here. And I. And I've always advocated having a team in Las Vegas. I said, well, why wouldn't a team work here? You know, a lot of people said, well, there's too much going on. There's all the shows and there's concerts and. And then you have an arena, but, you know, we need the dates for concerts. And I said, well, you know, you got 42. 42, 41 home dates, and you have preseason, so you have a lot of dates to fill the arena. And I said, people are people. They want us. We wanted our own team. You know, I've been here in Las Vegas for 35 years.
Sean
Yeah.
Gavin Maloof
And the only thing that was Missing in this city was we didn't have our own team. Right. It's like having a city without a soul.
Sean
For real, sports are a big part of that feeling of a city.
Gavin Maloof
Yes, yes. But nobody thought it would work because, you know that hockey in the desert was. How does that work? It's too hot in Las Vegas. They said, well, you know that we happen to be in an arena, so it's going to be okay. The ice isn't going to melt.
Sean
Yeah. That's a good point, though. I don't know any ice hockey rinks in Vegas. It's probably not many of them.
Gavin Maloof
No, no. So that's kind of the. The objections that we had.
Sean
Yeah. How good did that feel to win? Because you were in professional sports for what, 30 years before that?
Gavin Maloof
Well, actually, it took me 44 years to win this ring.
Sean
44 years?
Gavin Maloof
Yes.
Sean
Wow.
Gavin Maloof
Since the. Since the rockets. I was 1978 with the Rockets. So however many years.
Sean
I guess 44 years.
Gavin Maloof
Something like 44 years.
Sean
Some owners never get it right.
Gavin Maloof
Never.
Sean
Because when you're in a smaller market, your odds are way less.
Gavin Maloof
Yeah, that used to be a lot of the. The. That was part of the. The conversation was. And I think being in the NBA, as long as I was, it was always we wanted parity within the markets. You know, you didn't want all the players going to the large markets and forgetting the small markets.
Sean
Right.
Gavin Maloof
So. So it was kind of. Because we were in Sacramento, we were in a small market. So I think it's good parity in the leagues because you want. Where each team has a chance to win the title. If you're in a small market or big market, you don't want just the big markets winning all the time. You have to spread it around. I think it's good for sports. It's good for the teams. It's good for the morale of the city. It's good for the community. We were so proud to bring this. This team to the community.
Sean
Absolutely. Yeah. Because the NBA back in the day, it was always, you know, Chicago, New York, Miami and la.
Gavin Maloof
Yes.
Sean
So do you think right now it's. It's more even where smaller markets have the same opportunity?
Gavin Maloof
I think so. I think so, Yes. I believe it's. They have a. Just as much opportunities. It's a year. A lot of comes down to drafting. Depends on who you pick and where you pick.
Sean
The warriors did well with that.
Gavin Maloof
Yeah.
Sean
You know, the draft thing.
Gavin Maloof
Yes, they did.
Sean
They got Steph, Clay and Draymond all from draft.
Gavin Maloof
Right. Yeah. I hate to tell you, but we could have had Steph Curry.
Sean
What, you passed on Steph?
Gavin Maloof
Yeah, but I didn't make the decision.
Sean
Did you?
Gavin Maloof
We had, but we had Tyreek Evans.
Sean
Okay, remember Tyreek? I heard of him. I don't remember him, like, playing.
Gavin Maloof
Well, he was rookie of the year.
Sean
Okay.
Gavin Maloof
So the, the year he was six, six, six point guard.
Sean
And he got injured.
Gavin Maloof
He got injured. But, but he won the rookie of the Year that year. But he, he was a great player, but he didn't have the shot that Steph had.
Sean
Oh, so you picked him over Steph?
Gavin Maloof
Yeah.
Sean
So what pick did you have? What number was six and Steph was still there?
Gavin Maloof
Seven. He was. Oh, yeah.
Sean
Wow. Damn. Do you think about that?
Gavin Maloof
Yeah, I think a little bit about it, but I, I, I wasn't really the one that made the final decision.
Sean
So how much say did you have in that draft process?
Gavin Maloof
Well, we learned long ago, actually we, we helped bring, help promote the summer league here, NBA summer league. And we learned long ago when we would sit with our, our scouts that we didn't know much about basketball. Even though I played a little bit. You know, I've played high school, not college, but I played basketball a little bit. We've all played it, my brothers. But we say to the, one of the top scouts, one of our scouts, God, that guy can play in the NBC. Oh, no, he's no good. He doesn't have a shot. And so you, you as an owner, you don't want to, you don't want your, your player judgment to, to overshadow what, what you're paying these scouts for. That's why you have the scouts.
Sean
Right.
Gavin Maloof
That's the way you get in trouble. The owner knows too much these days.
Sean
There's so much analytics too. They have it, they're probably using AI honestly, with certain teams to find players.
Gavin Maloof
Probably. Yeah, yeah. Like a lot of analytics. And, but you know, back then it was, you know, you get in, get on the plane and you go to New Zealand. You look at a player there in some small town and, you know, we, we had Peja Stojakovic and Vladi Divots from Serbia. You know, you found. We had kind of an international team. We had Hito Turkoglu from Turkey. You know, he was the first Turkish player.
Sean
Wow. And that seems to be the new kind of trend I noticed with the top teams. They'll source from Europe and get like one good player over there, and no one's heard of them, but they end up being really good.
Gavin Maloof
Yeah, you Know, you've. Basketball's big, worldwide, you know, it's. It's really incredibly big. And you can find a gym over there. Just. This is a lot of scouting.
Sean
Yeah.
Gavin Maloof
And it's like you say analytics, but you really have to rely on the general manager, the person that's picking the talent. That's how your franchise is going to win or lose. It's him, the person picking the talent. Think about it. You don't. You can win through free agents. You know, that's a good way to win. But really, you want to build through the draft. You want a core players that you built through the draft. Yeah, that's the ideal way. But there's different ways to win and.
Sean
That'S too slow for most people. Right. Because the fans are up their ass. So they're just like, we need to win this year. So let me trade for three old players.
Gavin Maloof
Yeah. And in basketball, you never do this. You never trade one, three, two or three good players for a great player.
Sean
You don't do that.
Gavin Maloof
No, no. Great is what you need. You need. You need an all star. You need like maybe one or two all stars on the team and then maybe of a great role player. But you can't replace great. You could have two or three good, very good players, really good players, but they don't replace great. Because a person that's great is going to make the people around them great.
Sean
Interesting. But can you go from good to great just training over time or. No?
Gavin Maloof
You can. I think some people, some players can. Depends on how hard they work. I mean, they have that work ethic in them. And if they, they really take it, they. They can make themselves better. And then, you know, on the contrary, a great player that doesn't do anything will still have the talent, but he, he won't maximize his potential.
Sean
That makes sense. Any sports you got your eye on now? Pickleball is pretty hot right now.
Gavin Maloof
Well, yeah, that. You mentioned that. Actually we're part owner of the. This team called the Las Vegas Smash, which is paddleball.
Sean
Okay.
Gavin Maloof
Paddle ball, which is on fire.
Sean
Really? Paddle balls on fire?
Gavin Maloof
Yeah.
Sean
I haven't seen it.
Gavin Maloof
Just had our owner, Henry Strasser, and we just had a, an event in Miami where we won the championship again. Or we won a tournament, but we had 800,000 viewers on YouTube.
Sean
What, for paddle ball?
Gavin Maloof
Yes.
Sean
Holy crap.
Gavin Maloof
Yeah. And I don't know if you ever. Have you seen it?
Sean
No. I don't even know how it's played. I heard of it.
Gavin Maloof
It's like tennis on Steroids. It's played within three walls and it's like racquetball in tennis. And it's very exciting. I mean, they're great athletes. It's very popular in Argentina and Venezuela and Mexico and Europe. It's very popular and it's really a great sport. You should check it out sometime.
Sean
I will.
Gavin Maloof
I will maybe even play it if you. I don't know if you're a tennis player.
Sean
Are you supp. Play tennis?
Gavin Maloof
Oh, you did?
Sean
Yeah.
Gavin Maloof
Because a lot of tennis players going into paddleball.
Sean
Okay.
Gavin Maloof
There's paddleball courts here that you might really.
Sean
I'll check it out.
Gavin Maloof
You'd be a great, great workout for you and.
Sean
Yeah, I'm super competitive.
Gavin Maloof
Yeah.
Sean
Yeah. I like.
Gavin Maloof
You didn't play basketball. You're tall.
Sean
I play basketball. Yeah. I got a game tonight, but I like being well rounded because a lot of people put all their equity in one sport and then you see them play something else and they're just terrible. Oh, but I could play, like, decent at everything, so.
Gavin Maloof
Well, if you play tennis, you can play this paddle ball and you hit it off the back wall. Because I played a lot of racquetball. Yeah, that's what I got. My shoulders are messed up, but. But I played a lot of racquetball. But it's. It's like racquetball. You hit the ball off the back wall and. And the service. It's not small, but you have long rallies. You should check it out and take it off the sidewalls.
Sean
Yeah, I'll be decent at it. I think I was a wall ball champ in elementary school.
Gavin Maloof
Oh, really?
Sean
You ever play wall ball?
Gavin Maloof
Is that like a handball?
Sean
Kind of. You throw it at the wall and then if it hits your body, you got to run to the wall and tag it. And if someone throws the ball before you tag it, you're out.
Gavin Maloof
No, I've never.
Sean
You never played that? Oh, man. No, I've never heard that was a fun game. You. Did you play kickball?
Gavin Maloof
No, I never played kick what.
Sean
What did you play growing up?
Gavin Maloof
Football.
Sean
Okay, right in, like, elementary, you were playing football?
Gavin Maloof
Oh, yeah.
Sean
That's a contact sport.
Gavin Maloof
Yeah. What's the little guys? What do they call them? Well, I forget the name, but Little League. Little League from football.
Sean
Okay.
Gavin Maloof
You know, they had a name.
Sean
I used to watch Little League baseball thing every year.
Gavin Maloof
Oh, you did?
Sean
On tv? Yeah. That was fun to watch. Yeah. I love sports, man. So you see that sport as like the next big thing, though?
Gavin Maloof
Yes, I do. Yes. Because it's it's pickleball on steroids. But pickleball's. Well, we say pickleball is a game, but paddleball is a sport, Okay? I mean, it's competitive, and some great athletes, like I said, a lot of tennis players are playing, because once you're through with tennis, you know what, you can't play competitive tennis. What do you do to kind of stay in shape? And it's really a lot of fun.
Sean
I'll check it out. Pickleball is fun to play, but watching, it's not that interesting for some reason, to me.
Gavin Maloof
No, but it's. It's really popular. I mean, it blew up. But see, paddleball is huge worldwide. It's just now getting in the States. In the United states, and there's 10 teams, and we have the Las Vegas Smash, which we won the title when. We won. When we won the championship for the. The Knights. The next day, we won the championship for the paddle.
Sean
Oh, wow. So now you're just racking in these trophies. Let's go.
Gavin Maloof
44 years, it only took me.
Sean
Did you ever think that you just not win after 40 years?
Gavin Maloof
Yes.
Sean
That's a long time.
Gavin Maloof
Yes.
Sean
I mean, that's double my age. That's. That's crazy.
Gavin Maloof
Yes. And you know, Sean, what's. What's crazy is it's. It's so difficult to win a championship. I mean, it's literally impossible. I mean, almost impossible.
Sean
Yeah. Because you're facing the best people in the world.
Gavin Maloof
Best people in the world. You got 31 other teams to compete against. Everything has to go right. You know, you have to.
Sean
It's no injuries.
Gavin Maloof
No injuries. Yeah.
Sean
I noticed the teams I got injured in the playoffs, they'll lose even though they're better.
Gavin Maloof
Yes.
Sean
It comes down to that, right?
Gavin Maloof
Yes. Did you have the Chiefs. Did you like the Chiefs for the super bowl, or did you.
Sean
I had the Chiefs. I didn't bet on it, but, yeah, it's hard to bet against Mahomes, man.
Gavin Maloof
Yeah.
Sean
Like, he's got three already. At his age. He might. He might pass Brady if he wins a couple more.
Gavin Maloof
Yeah.
Sean
Which I never thought Brady would be past this. This soon, at least.
Gavin Maloof
Yes. He's. He's something else. Mahomes. He's. He's. How do you beat him? And even the Niners looked great last night. Yeah, they look great, too, but, yeah.
Sean
There'S a lot of good teams. How are you feeling about our team this year?
Gavin Maloof
Well, I hope we do. We hope we do better. I mean, we had a tough game, but I like the coach.
Sean
Yeah.
Gavin Maloof
And Mark's a great friend of mine, so I love Mark and he'll get it going. It just.
Sean
It's just football's ruthless. The turnovers for coaches in the NFL must be the highest in any league, Right?
Gavin Maloof
Yeah.
Sean
It seems like every year there's like five or 10 of them getting fired.
Gavin Maloof
Yes. Because it's this, like you said, this. The fans, they get, you know, they want to win now.
Sean
Yeah.
Gavin Maloof
You know, you don't blame them, but it's. You have to. Like I said, you know, they got him in the draft. Mahomes.
Sean
Right.
Gavin Maloof
Nobody ever thought he would.
Sean
Wow. They got Mahomes.
Gavin Maloof
Yeah. I mean, you know the Chiefs, that they drafted him, right?
Sean
I don't know.
Gavin Maloof
Yeah, they. They drafted Mahomes of Texas Tech. So, I mean, who. Who would have thought he would be what he is? Yeah, he's fantastic. But there's some good quarterbacks coming up. I think this Caleb Williams, he's looks pretty good.
Sean
He looks good. Yeah.
Gavin Maloof
But he's still a rookie, you know, kind of tempered a little bit. Takes a while. Takes a while to get acclimated even. Like I was telling my friends the other night with Aaron Rodgers. Good, good guy. But it's going to take him a little while too. You know, these. He played really good for a few minutes, but it's. Takes time.
Sean
Yeah. I'm a hopeful jets and Giants fan. Oh, I grew up in Jersey, so.
Gavin Maloof
Oh, you did?
Sean
Yeah. Try to root for the local teams because we didn't. Jersey didn't have a football team and we lost the Nets, so they went to Brooklyn.
Gavin Maloof
Yes.
Sean
So we didn't really. I don't think Jersey has any. Oh, Devils.
Gavin Maloof
The Devils.
Sean
Devils. But that's.
Gavin Maloof
They won a lot of titles back when.
Sean
Devils. Yeah. I caught the tail end of that. Oh, I think I might have remembered one with Martin Brodur as goalie. Yeah.
Gavin Maloof
Something else.
Sean
He was beast.
Gavin Maloof
Yeah.
Sean
Yeah. Hockey's fun to watch in person.
Gavin Maloof
Yes.
Sean
Yeah.
Gavin Maloof
Yeah. You know, the. The knock on hockey has always been. It's not a TV sport because it's hard to see the puck. That was the. The knock on it. But I think now with. With the NHL going to the ESPN and TNT and all these major sports networks, it's really helped ratings, it's helped viewership.
Sean
Yeah.
Gavin Maloof
And now people are starting to understand the game more. That's was the knock. You couldn't see the puck.
Sean
Yeah. How's hockey doing? Like viewership wise?
Gavin Maloof
Great.
Sean
It's doing good.
Gavin Maloof
Doing really well.
Sean
Nice. Because it's Probably. I'd assume basketball and football are like, the top two. And then.
Gavin Maloof
Yes.
Sean
Is baseball ahead of hockey?
Gavin Maloof
Yes.
Sean
So baseball and then hockey's fourth. Nice. Is it big in other countries?
Gavin Maloof
Hockey?
Sean
Yeah, yeah.
Gavin Maloof
You know, like in. In Finland and Russia and. And some of the eastern countries here, obviously of Canada. It's the national sport of Canada.
Sean
Was it in the World cup or the Olympics that just happened? Hockey?
Gavin Maloof
No, because now. Because this was the Summer Olympics.
Sean
Oh, summer. Oh, gosh. It's in the winter.
Gavin Maloof
That was. That was the. That's the Winter Olympics. It is, yes.
Sean
Got it. And how does the US do normally in that?
Gavin Maloof
They do well. Yeah, the US does well.
Sean
Okay.
Gavin Maloof
Yeah.
Sean
Yeah. We barely won the Summer Olympics this year.
Gavin Maloof
Yeah.
Sean
We tied in medals with China.
Gavin Maloof
Yeah.
Sean
China's catching up, man.
Gavin Maloof
I know they got some athletes over there.
Sean
They just have sheer numbers, you know what I mean? They got so many damn people. I think that makes up for the athleticism.
Gavin Maloof
Sooner or later they got to have someone. Someone's got to pop out and do something great.
Sean
Yeah. And they're genetically, you know, programming some of those kids. Yeah, yeah. They have like some 7 foot female basketball player I keep seeing.
Gavin Maloof
Oh, yeah, I saw that.
Sean
Wow. Yeah. Yao Ming was apparently a program, too.
Gavin Maloof
Yeah. And then we. We played against y. Me.
Sean
Oh, yeah. How was that? He probably went off, right?
Gavin Maloof
Yeah, yeah, he did.
Sean
He couldn't stay healthy, though. Man. When you're that tall, you just get injured your feet.
Gavin Maloof
A lot of times they get that plantar fasciitis, their feet, or they break bones in their feet.
Sean
Yeah. You see it with Christophe Porzingis. He keeps getting injured.
Gavin Maloof
Yeah.
Sean
And Wemby's been staying healthy, but, yeah, it seems like if you're like 7ft, you just get like. Zion Williamson keeps getting injured, too.
Gavin Maloof
Yeah. It's just too much weight on your feet.
Sean
Yeah. It's a tough sport, man. Basketball.
Gavin Maloof
Oh, God.
Sean
What percentage of your roster would get injured on a yearly basis?
Gavin Maloof
All of them.
Sean
Really?
Gavin Maloof
Probably at one. At one point or another.
Sean
Wow.
Gavin Maloof
They'd have, you know, some kind of. Some form of injury.
Sean
That's crazy.
Gavin Maloof
Yeah. You'd have a lot of ankles. You know, a lot of ankles. Knees sometimes. But foot. A lot of foot. Foot injuries.
Sean
Yeah.
Gavin Maloof
And not too many shoulder. I don't think. Too many shoulder injuries.
Sean
Yeah. Mainly lower body. Right?
Gavin Maloof
Lower body, yeah.
Sean
What about hockey? How common are injuries in hockey?
Gavin Maloof
Yeah, yeah. Shoulders, shoulders, hip flexors.
Sean
So that's more upper body injuries. Hockey.
Gavin Maloof
Yeah. And then. Yeah, then you get some. Some ankle. But you Know, some knees, but upper body, because you're using your shoulders.
Sean
They take some nasty hits in hockey.
Gavin Maloof
Oh, my God.
Sean
Holy crap.
Gavin Maloof
Yeah. And I know I just had a shoulder. Well, I'm getting a shoulder replacement on this, but I had this one.
Sean
Damn. From your football days, you're still.
Gavin Maloof
Well, no, I think it was from racquetball.
Sean
Oh, racquetball.
Gavin Maloof
I don't know. Yeah, I mean, I used to play hours and hours of racquetball.
Sean
Damn.
Gavin Maloof
I mean, I was. That was my best sport.
Sean
Racquetball.
Gavin Maloof
Very. I'm not big or anything, but I played football. I played college football, but small college. But I like. I love racquetball. We used to play hours and hours.
Sean
I gotta check that sport out too.
Gavin Maloof
Yeah.
Sean
You like the racket sports, huh?
Gavin Maloof
I did. And my. My sister played professional. Not professionals, college. Tennis. Mexico.
Sean
Okay.
Gavin Maloof
She had a scholarship, so. And my brother Joe plays tennis.
Sean
Wow.
Gavin Maloof
Yeah, so he's, you know, we like tennis quite a bit.
Sean
They've done longevity studies on every sport. And racket sports athletes live the longest.
Gavin Maloof
Oh, is that right?
Sean
Yeah, it's something to do with the brain and body connection or something.
Gavin Maloof
Well, here's what I don't understand, because I don't know how these pro tennis players, how their shoulders, how they hold up.
Sean
It's insane. A five set match for three hours, and then they played in two days after that, another five set match.
Gavin Maloof
And their legs, too. I mean, yeah, I guess it's youth.
Sean
I guess, but they must have some crazy recovery protocol. But even djokovic is pushing 40 now. Right. And he's still playing at a very high level.
Gavin Maloof
It's amazing. They're just. Their bodies. Everyone's. Everyone's body is different for a different sport.
Sean
Yeah. I mean, LeBron's still top five in the league at 40. That's crazy, right? He was playing while you were at the Kings, probably.
Gavin Maloof
No, we. He played. His first game was against the U.S. oh, yeah. His very first professional game.
Sean
Wow. Was there a lot of hype for that game?
Gavin Maloof
There was a lot of hype, yeah. And we. We beat him that game. Cleveland. But you could just tell he was.
Sean
He was different.
Gavin Maloof
Yeah, he different. And Kobe, you know, we. Very close to Kobe, even though he killed us a couple times. Yeah.
Sean
You guys in the west had a tough. I always thought the west was way better than the East.
Gavin Maloof
Yes.
Sean
You guys had to go through Kobe, you had to go through LeBron or LeBron's in the East. The Spurs.
Gavin Maloof
The Spurs, Yeah. They always, always.
Sean
They had A dynasty.
Gavin Maloof
Yeah. Duncan and.
Sean
Yeah, they had, like, five championships in 20 years.
Gavin Maloof
Yeah.
Sean
That's crazy.
Gavin Maloof
They might be good again with this wimby, I guess.
Sean
Yeah. If they could develop him and add on one or two more pieces.
Gavin Maloof
Yeah, he's. He's good, too.
Sean
Do you still root for the Kings?
Gavin Maloof
Yes. Oh, yeah.
Sean
That's your team.
Gavin Maloof
Oh, yeah.
Sean
Yeah, they're looking decent.
Gavin Maloof
They're pretty good. Good team.
Sean
Yeah. I think they need one. One or two more pieces, but, yeah.
Gavin Maloof
I think the coach is pretty good.
Sean
I love the coach.
Gavin Maloof
He's been to the championship. He's won it, Right?
Sean
Yeah. So that's important, man.
Gavin Maloof
Yeah.
Sean
Well, Gavin, it's been awesome. Where can people find you and find the liquor?
Gavin Maloof
Well, you can go commissario.com. you can buy it at Lee's Liquor. If you're in LA, you can buy it at Ralph's or just online, commissary.com but we're in 42 states and we're going into eight countries. We're going into Egypt, Going to duty free in Egypt and South America and like I said, Japan, and this is really blown up. But have them try it.
Sean
Oh, please try. Guys, that was the easiest shot I've ever had. Didn't need a chase or anything. So. Yeah, we'll link below. Thanks for coming on, man, and thank you.
Gavin Maloof
Thank you. Pleasure to be here.
Sean
Absolutely. Thanks for watching, guys. See you tomorrow.
Digital Social Hour Podcast Summary
Episode: The $10M Secret to Winning in Sports & Spirits | Gavin Maloof DSH #928
Host: Sean Kelly
Guest: Gavin Maloof
Release Date: November 27, 2024
In episode #928 of Digital Social Hour, host Sean Kelly welcomes Gavin Maloof, a prominent figure in both the liquor industry and professional sports ownership. The conversation delves into Maloof's dual passions—his award-winning tequila brand and his extensive experience managing sports franchises. Throughout the episode, Maloof shares personal anecdotes, business insights, and strategic approaches that have contributed to his success in these competitive fields.
Launching and Achievements
Gavin Maloof discusses the inception of his tequila brand, highlighting its rapid growth and impressive accolades. "We've won close to 50 awards. Gold, silver, double gold. Platinum. Our reposado actually just won a platinum award. It's never been awarded. That’s best in show, and it's never had that. That means that our reposado is, like, the number one in the world.” (01:00)
Product Distinction
Maloof emphasizes the purity and quality of his tequila, noting the higher concentration of agave heart used in production. “We actually have more heart of the agave plants. Eight heart of the agave plants per bottle. And some of the competition, like Casamigos and Patron use like, two or three hearts of the agave plant.” (02:00)
Distribution and Reach
Despite being a relatively new brand, launched six years ago, Maloof has successfully secured placements in iconic locations such as Bellagio, Aria, and Peter Luger’s in Las Vegas. “We have a really huge footprint with Bellagio. We're in just about every account in Bellagio. We’re in Aria. Some accounts in Aria... Peter Luger's. We have a drink that's in Caesars that's very iconic.” (03:00)
Market Expansion
The brand is expanding its reach beyond the United States, entering eight countries including Japan and Egypt, and planning to make its way into Costco stores globally. “We're in 42 states and we're going into eight countries. We're going into Japan, we're going into Costco's in Japan and Costco.” (08:36)
Early Sports Ownership
Gavin Maloof reflects on his family's long-standing involvement in the liquor and beer industries, tracing back to their role as original distributors for Coors since 1937. This deep-rooted experience laid the foundation for his ventures into sports ownership. “We were Coors distributors 75 years. And we were also in the liquor business. We sold Jack Daniels, Bacardi, Robert Mondavi, Gallo.” (04:30)
Ownership of the Houston Rockets
At the young age of 24, Maloof became the youngest owner in the history of major professional sports by taking over the Houston Rockets after his father's passing. Under his ownership, the Rockets made an unprecedented run to the NBA Finals despite a losing regular-season record. “We had a losing record. We had a 40 and 42 record and went to the finals.” (09:37)
Expansion to Las Vegas Golden Knights
Maloof narrates the challenging yet rewarding process of establishing the Las Vegas Golden Knights, the city’s first NHL team. Collaborating with MGM and leveraging existing infrastructures like the new arena, Maloof and his partners navigated skepticism about hockey’s viability in a desert city. “We brought the team here. And we went back and forth to New York. It seemed like I was going every other week, possibly for four years.” (14:05)
Achievement of Championships
After decades in the sports industry, Maloof finally secured a championship with the Vegas Golden Knights, marking a significant milestone. “After the Rockets, we bought the Kings... and here we brought the team here... We finally got our first championship a couple years ago with the Vegas Golden Knights.” (12:33)
Drafting vs. Trading
Maloof advocates for building a team through the draft rather than relying heavily on trades for high-profile players. “You want to build through the draft. You want a core players that you built through the draft. Yeah, that’s the ideal way.” (20:07)
Role of General Managers and Scouts
He underscores the importance of trusting general managers and scouts in talent acquisition, stating, “You really have to rely on the general manager, the person that’s picking the talent. That’s how your franchise is going to win or lose.” (00:10)
Analytics vs. Human Judgment
While acknowledging the rise of analytics in sports, Maloof emphasizes the irreplaceable value of human judgment in selecting and nurturing talent. “It's like you say analytics, but you really have to rely on the general manager, the person that's picking the talent.” (20:07)
Balancing Team Composition
Maloof explains the delicate balance between star players and role players, noting that a single great player can elevate the entire team. “Great is what you need. You need an all star. You need like maybe one or two all stars on the team and then maybe of a great role player.” (20:52)
Investment in Paddleball
Recognizing the rising popularity of paddleball, Maloof shares his involvement as a part-owner of the Las Vegas Smash, a successful paddleball team. “We’re part owner of the... Las Vegas Smash, which is paddleball... Just had our owner, Henry Strasser, and we just had an event in Miami where we won the championship again.” (21:46)
Comparing to Pickleball
He differentiates paddleball from pickleball, describing paddleball as “pickleball on steroids” and emphasizing its competitive nature. “Because it's pickleball’s game, but paddleball is a sport. It’s competitive, and some great athletes...” (24:36)
Injury Impact on Teams
Maloof discusses the inevitability of injuries in sports, particularly in high-contact leagues like basketball and hockey. “Probably at one. At one point or another.” (30:52) He highlights how injuries can derail even the most promising teams, emphasizing the unpredictability and difficulty of maintaining a championship-contending roster.
Retention and Longevity of Players
Reflecting on player longevity, Maloof praises athletes like LeBron James for maintaining high performance into their 40s, while also noting the physical toll that sports can take. “LeBron's still top five in the league at 40. That’s crazy...” (32:28)
Early Sports Participation
Gavin shares his personal background in sports, from playing high school basketball and college football to hours of racquetball practice. “I played high school, not college, but I played basketball a little bit... I've played a lot of racquetball.” (07:59)
Favorite Sports and Activities
He reveals a preference for racquetball and expresses openness to trying new sports like paddleball. “I played a lot of racquetball. Yes, I will maybe even play it if you... I like being well rounded.” (22:58)
Promoting the Tequila Brand
Towards the end of the conversation, Maloof provides details on where listeners can find his tequila products, including the official website and various retail locations. “You can go commissario.com. You can buy it at Lee's Liquor... but we're in 42 states and we're going into eight countries.” (34:19)
Closing Remarks
Sean Kelly wraps up the episode by highlighting the ease and smoothness of Maloof’s tequila, reinforcing the guest’s dual successes in sports and spirits. “That was the easiest shot I've ever had. Didn't need a chase or anything.” (34:43)
In this engaging episode of Digital Social Hour, Gavin Maloof offers a comprehensive look into his successful ventures in both the spirits industry and professional sports. His insights into team building, passion for quality in his tequila brand, and experiences navigating the complexities of sports management provide valuable lessons for entrepreneurs and sports enthusiasts alike. Listeners are encouraged to explore Maloof’s tequila products and follow his continued successes in expanding his sports franchises.
Where to Find Gavin Maloof and His Tequila:
Note: The timestamps in the summary refer to specific points in the transcript, aiding listeners in locating key discussions within the episode.