Originally Posted by bdreason
This just makes the NBA owners look more like a joke. Hawks ownership gives one of the worst off-season deals in the league, then turns around and sells the team, showing that it's the owners digging their own graves. Then they sell the team, without problem, showing that there are plenty of other people looking to purchase NBA teams (even in a lockout).
The question here is ow much did they pay for it, and then how much did they sell it for? Or at least, how much did they sell their equity in it for? Adjust numbers for inflation, how much they spent on improving the team, how much they earned back in revenue, and we get some real numbers to base on whether or not owning a bad franchise is worth it.