Category: News

Bruce Levenson Sells Hawks, Antony Ressler Takes Over.

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When it comes to turning a profit there are few enterprises as risky as taking on a professional sports team. For many franchises the difference between profitability and failure is razor thin. The owner of the team must balance fielding a competitive roster with the desire to save money instead of splurging on superstars that…

Atlanta Hawks owner Bruce Levenson departs the NBA after a decade of success

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In 2004, the Atlanta Hawks were hardly a dominant force in the NBA, with the franchise hovering around the bottom of the Eastern division of the NBA for a number of years. The purchase of the franchise and the Thrashers NHL franchise in 2004 by the Atlanta Spirit consortium headed by Bruce Levenson did not…


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