NBA's Atlanta Hawks to be sold to businessman Ressler

S

Sports News

Guest
By Rich McKay ATLANTA (Reuters) - The NBA's Atlanta Hawks are set to be sold to a group led by businessman Tony Ressler, the team announced on Wednesday, in a deal precipitated by the release last year of a racially charged email by the team's current owner. The deal, which must be approved by the NBA Board of Governors, comes after the team's majority owner, Bruce Levenson, put it on the market after an email he sent to team officials complaining of black fans driving down white attendance at games became public. "We are honored and thrilled to have been chosen to become the new stewards of the Hawks," Ressler said in a statement. Former NBA All-Star Grant Hill and Spanx founder Sara Blakely are among the minority shareholders in Ressler's ownership group.

Continue reading...
 
Back
Top