Atlanta Hawks sale agreement may come soon
While the Atlanta Hawks are enjoying an amazing season and busy winning playoff games, team ownership is reportedly succeeding in finding new owners. Here’s Yahoo Sports reporting the latest development:
Private equity billionaire Antony Ressler is leading a group that is finalizing a deal to purchase the Atlanta Hawks, league sources told Yahoo Sports.
Ressler’s group will purchase the team from majority owner Bruce Levenson for a figure somewhere between $700-plus million and $900 million, sources told Yahoo Sports.
Former NBA All-Star Grant Hill and Atlanta entrepreneur Jesse Itzler will be investors in the group, sources said.
