Friday Sep 13, 2019

Jake Licht

COO Baden Sports

“The Power of Positive”

Scribe: Bob Holert Introduced by: John Martinka

Our speaker was Jake Licht, COO and VP Brands, Baden Sports discussing “The Power of Positive” and how Baden Sports has grown their market and brand over the years. Jake grew up in Yakima, graduated from Western Washington University and worked at Boeing for 12 years. How did he end up in a completely different professional track? He married the daughter of the owner of Baden Sports and obviously impressed him!

Baden Sports was founded at a location near Longacres in 1979, starting as a youth sports company after the owner felt the sports products he purchased for his kids were not high quality and he could do better! In 1993 they moved their location to Federal Way and then moved to their present location in Renton in 2013.

In 1987 Baden Sports signed Bobby Knight (renowned coach of Indiana Hoosiers) to a basketball deal and in 1989 they signed Pat Summitt, women’s basketball coach at Tennessee (with 1098 wins during her career) to a basketball deal. In 1988 Baden Sports had introduced a slightly smaller basketball for women’s teams and when it was approved for women’s sports, they were the only manufacturer! That was a big win!

In the 90s, Baden Sports thrived on innovation and diversification. They invented cushion control technology for basketballs. They were able to have their products sold by Walmart, Fred Meyer, Target, Dick’s Sporting Goods and Sports Authority, all large national retail chains.

Today they are focusing on vertical integration and diversification. Dick’s Sporting Goods created their own balls under the DSG label and became la smaller customer. Baden in turn focused more on direct to consumer through their website and found by personalization (adding a name to the ball), it helped them sell a lot of balls! They also bought a factory from a Korean company in the Dominican Republic. There they not only make volleyballs but have also shifted production from suppliers in China for other products. Baden also developed the Axe Bat, which is a unique bat design modeled after Ted Williams habit of using an axe to perfect his swing. This product is presently being used by MLB players like Dustin Pedroia and Mookie Betts of the Boston Red Sox and George Springer of the Houston Astros and others.

Today Baden Sports is run along three divisions – Garmy Sports (the factory), Baden and the Axe Bat and all 3 take advantage of shared services (HR, Accounting and Finance, IT, etc.) provided. The opportunities continue to be available for future success as are the challenges to take advantage of those opportunities. Jake shared each of those with us. And he also shared that they develop and sell a lot of games other than balls – volleyball and badminton sets, croquet sets, tether ball sets, bocce ball sets, horse shoes sets and bean bag toss games. Check them out at www.badensports.com.

At the end of the Presentation, “Glory Days” President for September Chris Monger. let Jake know 1000 lbs. of fresh produce was donated to Rotary First Harvest (a donation by Pratt Legacy Advisors) in appreciation of his presentation! Thanks Jake for joining us!

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Club Admin: Fellowship Committee

September's Third Thursday

By Ann Norman

Monger’s view of Lake Sammamish-is that Mt Rainier in the distance?

September’s Third Thursday will be hosted at the Monger’s lakefront home!

What: A 3rd Thursday Hosted Fellowship Event: Beer, Wine, refreshments, food

When: September’s Third Thursday, 9/19/19, from 4:30 to 6:30.

Where: Chris & Pam Monger’s Home, 304 W. Lake Sammamish Pkwy. NE, Bellevue.

Please RSVP to Chris Monger, Ann Norman or Robin Callan if you plan to attend so we have enough refreshments.  and Come join us even if you do not RSVP.

Dress Code – come as you are! although Speedos are discouraged.

Water sports: kayaks, paddle board and swimming are available