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Larry H Miller Group of Companies history
Larry H Miller Group of Companies company history timeline
They began operations on May 1, 1979.
In 1979 Miller was looking for something new after Gene Osborn left to start a solo dealership.
In 1979, Miller purchased a Toyota dealership in the Salt Lake City suburb of Murray, Utah.
With so much evolving, changing and expanding since that first dealership opened its doors in 1979, one thing has remained constant, the continuing mission to exceed the expectations of customers, employees and the community as a whole.
In 1980 he bought an undercapitalized dealership in Phoenix that turned out to be his best-selling operation.
But colorful Frank Layden, who became head coach in 1981, helped to turn things around eventually.
In 1985, as a successful car dealer, he was asked if he would like to be one of several investors each putting up $200,000 to support the team and become limited partners.
Writer Clay Latimer wrote, "When Karl Malone arrived in Salt Lake City in 1985, he couldn't make a free throw, hit a jumper, decipher a game plan, and he lacked the emotional resources and ruthlessness to make himself into a first-rank power forward, according to his plentiful critics.
In 1985, Miller became a co-owner of the struggling NBA franchise, the Utah Jazz, and then a year later purchased the remaining portion from Sam Battistone to become the sole owner.
Second half is purchased June 16, 1986.
According to the Utah Division of Corporations, on December 30, 1986 the new Larry H. Miller Corporation was created as a Utah corporation.
In 1989 he sold 21,953 cars and recorded gross revenues of $310.77 million.
By 1990 Miller owned 16 dealerships in Utah, Colorado, New Mexico, and Arizona, and was ranked as Utah's largest car dealer and the seventeenth largest in the nation.
So in 1990 Miller invested $5 million of his own money and borrowed $66 million to build the new sports/entertainment center that seated more than 19,000.
On October 22, 1991 the Delta Center held its first rock concert when the group Oingo Boingo came to Salt Lake City.
After five years of owning the Golden Eagles, a professional hockey team in Salt Lake City, in 1994 Miller sold the team that had lost about $1 million each year.
To promote his businesses, including the Utah Jazz, his car dealerships, the Delta Center, KJZZ-TV, Pro Image retail stores, and Salt Lake City's Thrifty Car Rental, in 1995 Miller started his own in-house advertising agency called LHM Advertising.
In 1996 the NBA Board of Governors approved the formation of the Women's National Basketball Association (WNBA), and Salt Lake City was chosen as one of the eight cities to sponsor charter teams.
In 1996 the Jazz ended any association with ProImage and changed the name of their stores to Fanzz.
In addition, in 1997 Miller purchased and then demolished the old Jordan High School on 9400 South State Street in Sandy.
Dennis Haslam, who had founded the law firm of Winder and Haslam, had served since 1997 as the president of the Larry H. Miller Group of Sports and Entertainment Companies.
Investors were encouraged by the Jazz's strong fan base, aided by the team's HomeCourt magazine started in 1998 and increased season ticket sales.
In late 1998, also in Sandy, Miller began construction of a two-story Larry H. Miller Entrepreneurship Training Center in partnership with Salt Lake Community College.
Miller had invested $20 million in the Jordan Commons by May 1999 and was looking at spending about another $90 million to finish that project.
Offical groundbreaking for construction on Jordan Commons in Sandy, Utah. (Office building opened August 31, 1999; Megaplex 17 opened November 5, 1999).
Shauna Smith pointed out in 1999 that, "Few NBA teams have ventured into the retail business.
AHC, founded in Idaho in 2001, specializes in short-term nursing and rehabilitation, home health and hospice services.
Franchise was sold on December 4, 2002.
The arena, commonly known as home to the Utah Jazz, has been the stage for thousands of special events ranging from rock concerts and rodeos to the 2002 Olympic Winter Games.
The world-class facility sat on 511 acres and included a 4.5-mile road course, off-road and motocross track, and dual karting tracks. (Opening event April 1, 2006.
Renamed Saxton Horne Communications on September 8, 2008 (Saxton is Gail Miller's maiden name; Horne is Larry's middle name).
Million Miles at Miller Charity Ride began at Miller Motorsports Park in 2011 as an opportunity for the cycling community to share in the fundraising efforts of Larry H. Miller Charities.
Formed Landcar Agency (service contract company). Rebranded to Total Care Auto–Powered by Landcar on February 8, 2012.
Renamed KJZZ-TV. Sold to Sinclair Broadcasting on April 28, 2016.
The majority of the construction will begin at the conclusion of the 2016-17 Utah Jazz basketball season.
The first official event in the remodeled Arena was held on September 17, 2017, with a Tim McGraw and Faith Hill concert.
Larry H. Miller Dealerships reached a service milestone when customer Rodrigo Leon of West Jordan, Utah, brought his 2017 Dodge Charger in for an oil and filter change at Larry H. Miller Chrysler Jeep Dodge Ram Sandy, and became the dealership group’s 20 millionth service customer.
The company reached an agreement to sell Just Sports (and Fanzz) to Fanzz Gear Inc., an affiliate of Ames Watson Capital, LCC, effective February 9, 2018.
The sale was approved by the NBA Board of Governors on December 18, 2020.
The company finalized the sale of LHM Dealerships to Asbury Automotive Group on December 17, 2021.
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