University of Utah alumnus successful as Rockies owner

Fifteen or so years ago, if you had asked Charlie Monfort "Where's the beef?" as the president of Monfort International Sales Corp., a major exporter of beef to Japan and the European Communities, he would have answered it with relative ease and confidence.

At the same time, if you asked him to explain Major League Baseball's designated hitter rule, he probably couldn't have, and would have been smart enough to not even try.

Now, Monfort, Colorado Rockies Owner & CEO, can answer both.

"I really wasn't a baseball fan, I was more of a football fan. I grew up in the beef business, that's our background — our grandparents and parents — so that's where I thought I would be," said Monfort, who was in Salt Lake City this week, along with Nobel Prize winner Mario R. Capecchi, J. Brent Harvey, David Grant and Ann Weaver Hart, to receive the University of Utah's Alumni Association's 2008 Distinguished Alumni Award.

After being approached in 1991 to be an investor in the new ball club, his father and brother weren't interested, but he was and jumped aboard with both feet, and that ride has been bumpy at times with the upstart Rockies, but the team made its first-ever World Series last year in only its second trip to the playoffs.

"I said, 'Sure,'" he said of the business opportunity. "As my dad would say, I'm a little bit of the crazier brother."

Later, in order to save the franchise and his investment, he bought the team from the general partners. His brother later bought in.

"You look back on it, and it's 'what happened? How did I get in this position?"' he said. "I love it. I love the business. It's a tough business because of the economic structure of the big-market clubs and ours. Ourselves, Minnesota, Oakland and a lot of teams in our same position have been successful and so we're trying to prove, even within the economic structure we've got, we can have some success."

"That's what you get more making the World Series," said Monfort, a Greeley, Colo., native, who graduated from the U. in 1982. "I think it is somewhere in the bylaws is somebody owns a team and gets to the World Series you automatically get an award."

All joking aside, it was his business acumen that led him to jump on board with the Rockies in the mid-1990s. It took nearly two decades, but the Rockies, after an improbable late-season run, earned and won a one-game playoff with the San Diego Padres.