6:33 am June 24, 2011, by Henry Unger
Which is a better outcome — a complete or partial sale of the Hawks? Why?
One scenario — the current owners of the Atlanta Hawks sell out completely to a new owner or owners, who keep the team here.
Another scenario — the seven-man group, known as the Atlanta Spirit, add other investors — but stay in the game.
AJC writer Tim Tucker reports that Hawks’ part-owner Bruce Levenson is denying a Sports Illustrated report that the basketball team is on the verge of being sold.
“Not true,” Levenson said in an email statement to Tucker. “As we have stated for an extended period of time, we engaged an investment banker to assist us in looking for investors for the Atlanta Hawks and Philips Arena operating rights,” the statement said.
What would you like to see — more investors or a total change?
There’s plenty of history and controversy to rely on for your decision, including a lengthy legal battle among the owners and the group’s recent sale of the Thrashers to a Canadian group that’s moving the team to Winnipeg.
But even if the Hawks are sold, Tucker writes, the team is not in danger of following the Thrashers out of town because of the Philips Arena bond deal.
With that in mind, what are you hoping for?
- Henry Unger, The Biz Beat
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