Revenue Above Replacement

Ben Jaeger

Ben Jaeger returned to Northwestern University in October 2025 as Director of Olympic Sports Performance, bringing with him a broad, high-level background in building and leading performance systems across collegiate athletics.
Jaeger rejoined the Wildcats after previously serving on Northwestern’s sports performance staff from 2021 to 2023. Prior to his initial time in Evanston, he spent three years at Texas A&M University as an Assistant Sports Performance Coach, where he led annual training plans for swimming and diving and men’s tennis, while also providing temporary oversight for women’s soccer, women’s tennis, and men’s golf.
Before his tenure at Texas A&M, Jaeger spent four years at Boise State University as Associate Director of Olympic Sports Performance, playing a key role in the development and execution of comprehensive training programs for a wide range of Olympic sports. His career also includes stops at Southern Illinois University, Oral Roberts University, and Oregon State University, with experience supporting football, basketball, baseball, softball, tennis, golf, swimming and diving, gymnastics, volleyball, soccer, and track and field.
Jaeger holds a Master of Science in Education with a concentration in Kinesiology from Southern Illinois University and a Bachelor of Science in Health and Wellness from the University of Wisconsin–Stevens Point. He is a Certified Strength and Conditioning Specialist (CSCS) through the National Strength and Conditioning Association and is also certified by USA Weightlifting.

Brice Clinton

Brice Clinton is the Director of Solutions Engineering for CSG, a global interactive media company. He is responsible for international business development, technical evangelism, and translating technical capabilities into tangible business outcomes. In addition, Brice serves as the primary media liaison through writing and speaking. Since joining CSG International he has been responsible for client engagements across media, sports, and retail in North American, Europe, Asia, India, and Australia. 
Along with his work at CSG Brice is the Faculty Director of the Masters in Sports Administration program at Northwestern university where he teaches graduate level courses in The Technology of Sports and the programs practicum. Along with Adam Grossman he is the host of the Revenue Above Replacement podcast. 
Brice received a bachelor of the arts in Organizational Communication from Purdue University, and a master’s degree in Sports Administration from Northwestern University.

Best of Bruce Miller

In a quarter century of design work, Bruce has earned the trust and respect of countless clients, colleagues and industry peers. Along the way, he’s amassed a portfolio of high-impact sports projects across the United States including the likes of Twin City icons Target Field and Allianz Field. He’s a sought-after source on stadium design, having guest lectured at New York University and been interviewed by national and industry media alike.
Recruited to Populous upon his graduation from the University of Cincinnati with a degree in architecture, Bruce’s dedication to the firm has spanned the entirety of his career to date. Early in that journey, Sports Business Journal named him among the best young talent in sports business. His ability to manage complex projects showed in endeavors like Target Field, a beloved ballpark sitting on one of the smallest and most complex urban sites in baseball. More recently, he led the design of Minnesota United FC’s Allianz Field, a stunning soccer-specific stadium that raised the bar of the Major League Soccer match day experience.
Throughout his work as an architect, Bruce has shown a keen ability to motivate staff to excellence, both as a mentor to others and as a member of Populous’ regional and global leadership teams. He’s an active member of the American Institute of Architects and is a LEED Accredited Professional.

Adam Grossman

Sports and Entertainment Real Estate Global Holdings (Seregh – pronounced “surge”) has acquired data and analytics firm Revenue Over And Above Replacement (ROAR), and in this episode we break down what that means for the future of sports-anchored mixed-use development.
Our guest, Adam Grossman, and cohost of this podcast — President of ROAR, A Seregh Company and newly appointed Chief Analytics Officer at Seregh — joins us to discuss the launch of Smart Districts as a Service (SmartDaaS), a new platform that uses AI, machine learning, and a customer data platform to help teams, developers, capital partners, and cities better plan, finance, and commercialize Sports and Entertainment-Anchored Districts (SEADs).
Adam, a leading voice in sports strategy, commercialization, and analytics, draws on his experience as founder of Block Six Analytics, his work with Excel Sports Management, and his role as a lecturer in Northwestern’s Master’s in Sports Administration program to explain how SmartDaaS can shape decisions around partnerships, leasing, fan engagement, and foot traffic. If you’re interested in how data is transforming the way sports districts are conceived and monetized, this conversation is a roadmap to what comes next.

Noah Henderson

Noah Henderson is the Director of the Sport Management Program and a Clinical Instructor at Loyola University Chicago’s Quinlan School of Business. A widely recognized voice in sport management, his work explores the intersection of law, economics, and the social consequences of college athletics –– with a focus on name, image, and likeness (NIL), athlete labor rights, and sports gambling. Through his teaching, Henderson prepares students to lead in a dynamic era where college sports are rapidly professionalizing.
Henderson was at the forefront of NIL implementation. He helped amend Illinois’ NIL legislation and played a direct role in establishing early frameworks that facilitated the legal payment of college athletes. He continues to advise athletic departments, brands, and sports agents nationwide on NIL policy, legal compliance, and best practices. He has also provided written analysis that has been entered into the public record, contributing to national discourse on antitrust, roster structures, and athlete access in college athletics.
He contributed extensively to Sports Illustrated’s NIL Daily, where his reporting and commentary helped shape public understanding of the evolving business of college athletics. His insights have been featured by ESPN, NPR, CNN, PBS, Sportico, the Chicago Tribune, and others. He regularly speaks at accredited seminars and national symposiums, offering expertise on athlete rights and the future of college athletics.
He holds a Juris Doctor from the University of Illinois College of Law and a degree in Economics from Saint Joseph’s University, where he was a four-year letter winner on the golf team.

Bruce Miller

In a quarter century of design work, Bruce has earned the trust and respect of countless clients, colleagues and industry peers. Along the way, he’s amassed a portfolio of high-impact sports projects across the United States including the likes of Twin City icons Target Field and Allianz Field. He’s a sought-after source on stadium design, having guest lectured at New York University and been interviewed by national and industry media alike.
Recruited to Populous upon his graduation from the University of Cincinnati with a degree in architecture, Bruce’s dedication to the firm has spanned the entirety of his career to date. Early in that journey, Sports Business Journal named him among the best young talent in sports business. His ability to manage complex projects showed in endeavors like Target Field, a beloved ballpark sitting on one of the smallest and most complex urban sites in baseball. More recently, he led the design of Minnesota United FC’s Allianz Field, a stunning soccer-specific stadium that raised the bar of the Major League Soccer match day experience.
Throughout his work as an architect, Bruce has shown a keen ability to motivate staff to excellence, both as a mentor to others and as a member of Populous’ regional and global leadership teams. He’s an active member of the American Institute of Architects and is a LEED Accredited Professional.

Jon Fascitelli

Jon Fascitelli is the Founder and Chairman of Seregh and the former Chief Executive Officer of Harris Blitzer Sports & Entertainment Real Estate. He led the Philadelphia 76ers' new $1.5 bn arena development as well as significant projects for the New Jersey Devils. This included rejuvenating the Loew’s Theatre in Jersey City and fostering growth in the vicinity of Newark's Prudential Center. Jonathan is deeply committed to enhancing neighborhoods, aiming for positive social change through economic growth and job creation. At HBSE, he built and managed his team and related consultants to over 100 people.
In addition to his role at HBSE, Fascitelli worked closely with HRS Management and BOLT Ventures, the family offices of Josh Harris and David Blitzer. On behalf of HRS Management he was an active board member at Mosaic Development Partners, a black-owned developer with a strong community focus. He played a lead role in the acquisition of the Washington Commanders. In New York, he oversaw the operations of Central Park's Wollman Rink, partnering with Related and Equinox. He also advised on behalf of Bolt Ventures, Vessel Technologies, a firm that is looking at innovative approaches to affordable housing and works closely with the Cleveland Guardians.
Early in his career he held positions at Colony Capital and UBS. On the academic side, Jonathan is a graduate of Brown University and holds an MBA from Harvard Business School.

Jason Sinnarajah

Jason Sinnarajah joined the Royals in August 2023 as the Sr. Vice President, Chief Operating Officer. In this role, Jason oversees the business analytics, ticket operations, technology and stadium operations departments as well as the team’s relationship with its food and beverage and retail partners at Kauffman Stadium. In 2024, Jason led the revitalization of our concession experience on the Plaza level, the implementation of new local food offerings and an improved GoEntry fan experience to reduce wait times for entering Kauffman Stadium.
Prior to joining the Royals, Jason was Senior Vice President of Business Administration for the Buffalo Bills from 2020-23 where he oversaw ticket and premium sales, marketing, community relations, stadium operations and strategy and analytics. In that time, he led stadium operations during a period of COVID-19 fan protocols with New York State, managed the concessionaire partnership at Highmark Stadium, created a strategy and analytics teams to support the Buffalo Bills and Buffalo Sabres, grew the team’s marketing app audience to Top 5 in the NFL across engagement and registered users and increased overall revenue by 40%. Jason also helped lead efforts to secure a new stadium for the Bills through the building of economic business cases to ownership and local/state government officials for a new stadium in Orchard Park, N.Y. Jason had prior sports experience with the Cleveland Guardians Strategy and Analytics team from 2012-15. During his tenure, he negotiated a new partnership for their food and beverage business, acquired capital to renovate Progressive Field, set and managed revenue and sales compensation goals across premium seating, ticket sales and corporate partnerships and led efforts to bring an All-Star Game to Cleveland.
Outside of sports, Jason spent five years in media and corporate development at Ziff Davis and the Weather Company. At the Weather Company he led business development partnerships with large global media platforms such as Apple, Meta, X and Google, and negotiated media deals with international media companies. At Ziff Davis, Jason led data and e-commerce focused business units and was involved in several M&A transactions to expand the company’s presence in e-commerce and media. Jason also spent five years at Google where he was responsible for an internal consulting team across the Asia-Pacific region and lived in Tokyo and Sydney. He also held a role leading Google’s partnership across global media and sports and helped build out Google’s early entrance into sports-related content through partnerships with ESPN, and sports leagues such as MLB, NFL, NBA and the NHL.
A native of Toronto, Canada, Jason earned his MBA from the University of Virginia’s Darden School of Business and a bachelor’s degree in finance and marketing from Boston College.

Ken Belson

Ken Belson covers the business of professional sports, focusing on the teams, personalities, and complex issues that shape America’s most popular form of entertainment — from finances and stadium development to medical issues and major lawsuits.
He rejoined The New York Times Business section in 2023 after 14 years in Sports, where he primarily covered the N.F.L. His earlier reporting at the Times included coverage of New York City transportation, economics, and energy for the Metro section, as well as media and telecommunications for Business. From 2001 to 2004, he was based in Tokyo covering the Japanese economy.
In 2011, Belson was part of a Times team that was a finalist for the Pulitzer Prize in International Reporting for its coverage of the Japanese tsunami and Fukushima nuclear disaster. Before joining The Times, he reported for Bloomberg, Reuters, and Business Week in Tokyo.
A graduate of Columbia University’s Graduate School of Journalism, Belson attended on a Japan-America Friendship Commission Fellowship and received the Pulitzer Traveling Scholarship, which he used to report from the Cook Islands on the economic aftermath of national bankruptcy.

Season 5 Intro

In the fifth season premiere of Revenue Above Replacement, Adam and Brice reflect on five years of conversations at the intersection of sports, business, and innovation. From the early discussions on COVID-19’s impact to today’s debates around AI, real estate, and media disruption, the duo explores how the sports industry has transformed — and where it’s heading next.
They kick off the episode with a look back at how the show has grown and evolved, highlighting the unique access it provides to experts shaping the sports landscape. The conversation then dives deep into several major themes that will define the season ahead.