President of Baseball Operations
SINCE SHIFTING from team president to president of baseball operations in October 2014, Matt Silverman has successfully fortified the franchise's minor league system and kept the smallmarket Rays competitive in the American League East—a division boasting a major league-most four teams with $100 million payrolls.
In his first 15 months in the new role, Silverman engineered 16 trades involving a total of 51 players; signed 17 of 18 arbitration-eligible players prior to the deadline; and hired manager Kevin Cash along with two new major league coaches. In his first year as the Rays top baseball executive, the Rays farm system jumped from a ranking of 25th to 10th, according to Bleacher Report, and 20th to 13th as calculated by Baseball America.
Following the 2015 season, Sports on Earth ranked the 30 major league clubs' performances over the past 10 years in spending per win, smart acquisitions, homegrown success and young talent; only the Rays and the St. Louis Cardinals ranked in the top 10 in each category.
In his 11th year with the Rays, the 39-year-old Silverman's list of accomplishments belies his age. In his nine years as team president, Silverman guided the franchise through its most progressive growth stage in franchise history.
At the top of the list is the revitalization of the Rays. In the fall of 2007, Silverman directed a complete organizational rebranding including a new name, colors, uniforms and logo, a bright yellow sunburst.
In each of his last eight years as team president, ESPN the Magazine ranked the Rays in the top 10 in fan affordability among all 122 teams from MLB, the NFL, NHL and NBA, including No. 1 rankings in 2009 and 2012.
Silverman is board chairman of Starting Right, Now in both Hillsborough and Pinellas counties, which helps homeless high school students reach their potential. He is in his third year as the first chairman of the board of the Positive Coaching Alliance-Tampa Bay, a national nonprofit providing youth and high school athletes a positive, character-building youth sports experience.
Prior to joining the Rays, Silverman worked closely with Stuart Sternberg at Goldman Sachs and orchestrated Sternberg's purchase of controlling interest in the franchise.
In 2010, Silverman received the George M. Steinbrenner III Citizen of the Year Award from the Sports Club of Tampa Bay. Street and Smith's Business Journal has twice named Silverman to its "Forty Under 40" list honoring accomplished and promising sports executives under age 40.
The Dallas native holds a bachelor of economics degree from Harvard University. Matt and his wife, Andrea, reside in St. Petersburg with their daughters Alexa and Samantha.