The ROAR Podcast: Mike Carney

<p>Most sports real estate conversations start the same way: the venue anchors the district, and the district delivers the return. Mike Carney is building from the opposite direction.</p><p></p><p>Mike is the head of On Deck Partners, the minor league baseball platform established inside Avenue Capital Group's sports fund, which came to market in December with its first two club acquisitions in Visalia and Montgomery and has since added Wilmington. He's explicit that On Deck is not a real estate developer. The thesis is that in a small or mid-sized market, the ballpark already functions as the community's central entertainment hub and anything built around it should be designed to reinforce that hub, not compete with it. Residential is the early area of interest, including player housing, a recurring ask from both municipalities and major league affiliates.</p><p></p><p>Before On Deck, Mike spent ten years with the Washington Nationals, arriving in 2015 from a data engineering and consulting background and eventually leading business operations. He walks Adam through what actually changed on the data side across that decade: a club that started with ticketing data used only to run a ticketing business, a centralized platform MLB built in partnership with Google, and the customer data and marketing automation work that mostly landed post-pandemic. He also gets specific about what worked with fans targeted surprise-and-delight credits, a Kids Eat Free program he's now looking at for the minor league clubs and his read on the trade fans will make: they'll share data when they feel they're getting value back.</p><p></p><p>The conversation covers the harder parts too. Managing the business through a rebuild with no control over the on-field product. Planning around winning streaks and quiet stretches rather than projected win totals. Zip-tying seats and re-manifesting the ballpark coming out of the shutdown, which Mike names as one of his fondest memories with his team. And on leadership, a position he returns to repeatedly: transparency up and down, and no surprises in either direction.</p><p>On AI, Mike draws a sharp line. Because minor league front offices are already running lean, he argues this is a growth play rather than a headcount play — which means AI has to eventually touch fans, and that's exactly where he's slowing down. On Deck is leaning in on internal workflows and creative production, and holding back on anything that puts a non-human between t