Hawks and Thrashers for Sale?
As a result of my ambivalence with the infamous “Atlanta Spirit” ownership group, who own the Atlanta Hawks, Atlanta Thrashers, and Phillips Arena, a report says that they may be trying to sell the franchises.
The ownership group has had a 5 year legal battle between partners resulting in sub par performances of the Hawks, and another awful season for the Thrashers. They’re running out of money, and running out of time, and now it seems like they’re running out of town.
With NBA headed towards having celebrity owners such as Michael Jordan with the Bobcats, and Jay-Z and Russian billionaire Mikhail Prokhorov teaming up to move the Nets to Brooklyn, it would be in best interest with the market we have to find someone to buy the franchise and spend some money.
But it’s going to have to happen quickly, as the free agency period starts July 1st.
Spirit members were not available for a comment, meaning this rumor could be true.
Time will tell.