The Atlanta native and Los Angeles based filmmaker who recently expressed interest in purchasing majority ownership of the Thrashers is not one of three groups currently doing due diligence about a possible investment in the franchise.
Atlanta Spirit co-owner Bruce Levenson and team president Don Waddell told the Atlanta Journal-Constitution on Thursday that Stephen Rollins has not made an offer to purchase the team. He is also not one of three groups working with an investment banking firm to invest in the Thrashers. Levenson said earlier this month he expects the process with the three current groups to be completed within 90 days.
Rollins, the head of Lightning Pictures, told the AJC that he is part of a multi-city financial entity with members in Los Angeles, Atlanta, New York and London that was put together to purchase a majority interest in an NHL team. He said several of the investors are from Atlanta.
“If the opportunity would present itself for me to participate in ownership of the Atlanta Thrashers I would be more than excited,” Rollins said. “I would be humbled with a partnership at any level.”
Rollins, 39, said no bid to purchase the Thrashers has been made. He did not give a timetable for such an inquiry. Rollins said he and other members of his group attended a Thrashers game in December.
Rollins wrote and directed the 2007 film American Identity. He has also appeared in several movies and television shows, some uncredited.
Atlanta Spirit, LLC has been trying to add investors to the ownership group, which includes the Thrashers, Hawks and Philips Arena, for the past year. Levenson said based on the goals of the current potential investors that it was unlikely that all three would commit to the group, but that “one or more” was a possibility.