The Atlanta Hawks sale to a group led by philanthropist Antony Ressler that also includes former NBA star Grant Hill has been finalized, with both sides agreeing to a purchase price close to $750 million. (more…)
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Atlanta Hawks to hit market next week: report
All three groups have agreed to sell their Atlanta Hawks ownership stakes, and 100 percent of the NBA franchise will be hitting the market next week, according to the Atlanta Journal-Constitution. (more…)
Hawks/Thrashers ownership lawsuit settled
A contentious lawsuit among the owners of the Atlanta Hawks (NBA) and the Atlanta Thrashers (NHL) has been settled, clearing the way for Atlanta Spirit to either bring in new investors or address the future of the Thrashers — a franchise considered to have “issues” by the NHL. The settlement provides for six partners to […]