Wednesday, May 18th, 2011 at 11:35 am  |  14 responses

Atlanta Spirit Ownership Group Discussing Selling Hawks

Reports have surfaced that Atlanta Spirit ownership group—majority owners of both the Hawks and Thrashers—is pursuing the sale of the city’s NBA franchise. If the sale were to go through, early signs indicate the team would stay in Atlanta. From the AJC:Two people familiar with the situation, both of whom asked not to be identified because of the ongoing talks, told The Atlanta Journal-Constitution that the Spirit and outgoing San Diego Padres owner John Moores are in an exclusive negotiating period regarding the Hawks and the Philips Arena operating rights. Both people said a deal is not close and that it’s far from assured one will get done. The exclusive negotiating period means the owners agreed not to pursue the sale of the Hawks to any other prospective purchaser for a prescribed period of time. It is not known when Moores’ exclusivity expires. Moores did not respond to a request for comment Tuesday.”

Moores did not respond to a request for comment Tuesday.

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  • Myung

    I’ll buy the team!

  • http://bulls.com airs

    sell them to Myung!

  • Charles


  • Myung

    Thanks, airs! I need to sell my sneaker collection, my home, our cars, and all my basketball cards from the 80′s and 90′s (which are probably worthless now). Maybe that’ll be enough.

  • http://slamonline.com Chris O’Leary

    @Myung I know a good investment when I see one. I’m always looking for more early 90s Skybox.

  • http://approaching-perfection.com loso

    Atl is the only place for the hawks, the owners are idiots for putting them up for sale when they keep going further and further every year in the playoffs..

  • http://bulls.com airs

    myung, you never know man, some of those cards are valuable.
    i just recently found my collection which made me buy a drose card which i plan on getting signed, probably gonna be worth 100$ easy, haha.
    i also found a wally sczerbiak car with a piece of a game worn jersey. i wonder what thats worth haha.

  • http://bulls.com airs


  • SikhWitIt

    Seattle is very available

  • Waggle

    Haha the game-worn jersey cards. Those are classic.

  • toinefan88

    back 2 st. louis

  • http://twitter.com/BeezKneezy LA Huey

    @loso, they’re looking ahead for when that Joe Johnson contract really starts killing them softly.

  • http://www.youtube.com/user/officerbarbrady what

    They have a clause that mandates they stay in the city of Atlanta until 2028, so they are not moving.