Atlanta Mayor: City Wants Hawks To Stay Mayor Kasim Reed intends to keep the Atlanta Hawks in Atlanta. With the Atlanta Hawks embroiled in controversy due to the inappropriate words of majority owner Bruce Levenson and general manager Danny Ferry, there has been a lot of uncertainty as it relates to the team’s future. A big fear among many Atlantans is that the team’s next owner may look to move the team elsewhere, perhaps Seattle. Atlanta lost its second
Not to downplay the seriousness of the situation the Atlanta Hawks are facing, with both GM Danny Ferry and owner Bruce Levenson in hot water for racially charged, if not completely insensitive and racist, remarks. However, it would seem that they have managed to fly relatively below sonar as far as the bulk of mainstream media and public outrage is concerned. Why? The National Football League. The bulk of public outrage and media coverage has gone to the NFL. Monday through Thursday
The week that doesn’t seem to be getting any better for the Atlanta Hawks continues on. [Read more…]
The short answer is $600 million “plus.” The $600 million represents economic value of the team based on fundamentals, while the “plus” represents intangible value that is specific to the buyer’s view of the Hawks opportunity. What is the “plus” worth? Keep reading. Pro sports franchises are one of a kind, extremely desirable and rarely available. While that accounts for some of the eye-popping NBA team sales prices lately, it doesn’t make pricing the next one much easier. Each team has its
Though the Atlanta Hawks have only just begun rebuilding their image in the NBA, senseless words now have it falling apart. The Atlanta Hawks are in too deep now, and it has little to do with owner Bruce Levenson. As alluded to in last night’s Tweet post, general manager Danny Ferry is in hot water for reading a racially insensitive scouting report aloud during a conference call with Hawks management and ownership back in June. Some of the
The suddenly-messy situation with the Atlanta Hawks got a bit messier on Monday night when an exposing letter written by Michael Gearon Jr – the minority owner of the team – was leaked for all to see. Atlanta TV station obtains more info on Danny Ferry. And I’m floored. http://t.co/PPSsvoI6f7 — Dan Wolken (@DanWolken) September 9, 2014 Danny Ferry… http://t.co/YKuYfJsZL9 — Doug Gottlieb (@GottliebShow) September 9, 2014 Adrian Wojnarowski of Yahoo Sports reported earlier on Monday that general manager Danny Ferry read the following words
For the second time in less than a year, an NBA owner is being forced to resolve a situation connected to their own offensive remarks. [Read more…]
After defeating Puerto Rico 112-86 in an exhibition match, USA Basketball finalized their roster heading into the 2014 FIBA Basketball World Cup. Team USA has played with 16 men on the roster for both of their exhibition games this week, as they evaluated which players would be making the trip to Spain with them. [Read more…]