Report: Agreement in place for Hawks to be on market

NBA.com | Hang Time Blog

HANG TIME BIG CITY — After a tumultuous offseason and a brilliant start to the season, the Atlanta Hawks are now officially for sale, according to a report from the Atlanta Journal-Constitution‘s Chris Vivlamore.

This news would seem to provide a path for a clean resolution to what has frequently been a complicated ownership situation. The Hawks are currently collectively owned by several groups, based in Atlanta, Washington, D.C. and New York.

News of the Hawks being for sale first surfaced in September, when majority owner Bruce Levenson announced he would sell his stake in the team after sending a racially insensitive email to GM Danny Ferry two years earlier. The Levenson news came just days before the revelation that Ferry had made a racist statement on a conference call with the ownership group. Ferry took an indefinite leave of absence before the season began, and Hawks…

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