Atlanta Hawks Ownership Deny Sale Rumors Via Press Release

First the denials came from Atlanta Hawks owner Bruce Levenson via the AJC that the Sports Illustrated story from two sources in the NBA's office who said that a sale of the basketball team to an unidentified party was "about to be consummated."

Now the rest of the media gets a press release.

Unfortunately, Hawks and Atlanta Thrashers fans, any dreams that the Atlanta Spirit -- an ownership group that ranked 121st out of 121 for honesty in an ESPN poll as owners of the Thrashers and 101st as owners of the Hawks-- were getting out of Atlanta sport fans' hair in the immediate future seems is not going to come to immediate fruition.

The statement reads as follows:

"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.  We have spoken with a number of parties, but at this time, there is no deal in place, nor is there an exclusive negotiating agreement in place.  We will have no further comment at this time."    

Sorry folks, that Atlanta Spirit/Hawks nightmare continues possibly even through the NBA lockout and beyond. That is, if the Spirit is smart enough to buy low and sell high. Then again it is the "deal with it" Atlanta Spirit we're talking about here.

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

Join SB Nation Atlanta

You must be a member of SB Nation Atlanta to participate.

We have our own Community Guidelines at SB Nation Atlanta. You should read them.

Join SB Nation Atlanta

You must be a member of SB Nation Atlanta to participate.

We have our own Community Guidelines at SB Nation Atlanta. You should read them.

Spinner

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.