The NBA Board of Governors has officially approves the sale of the Atlanta Hawks to the group led by Tony Ressler.
From the NBA’s press release:
“We are pleased that the NBA’s Board of Governors has approved the purchase of the Atlanta Hawks by principal owner Tony Ressler,” said NBA Commissioner Adam Silver. “Tony and his diverse and experienced ownership group will bring tremendous energy and passion to the Hawks and the team and its fans will greatly benefit from their commitment to the Atlanta community.”
The sale was approved unanimously by the Board of Governors. The new ownership group includes former NBA star Grant Hill, Spanx founder Sara Blakely and her husband, Jesse Itzler. The Hawks will officially introduce the group — with Ressler and Hill representing — during a media session on Thursday at 11AM.