An investment group led by Los Angeles filmmaker and Atlanta native Stephen Rollins has not made an offer to purchase the Thrashers and is unlikely to do so, according to several people familiar with the situation.
While Rollins said he represents a group interested in purchasing the majority interest in an NHL franchise, a claim first made in May 2010 in a press release, there has been no movement in regard to the Thrashers. The franchise has been for sale or in need of investors since it was purchased by the Atlanta Spirit in 2004.
According to a league official, there are no buyers currently in line to purchase the franchise. According to two other people familiar with the situation, Rollins’ group is not considered a viable candidate.
Thrashers co-owner Michael Gearon Jr. told the Atlanta Journal-Constitution this week that the team may be sold and moved to another city if it does not receive financial assistance. He said the organizations first choice is to find entities willing to purchase all or part of the team and keep it in Atlanta.