Atlanta Hawks

Legendary NBA player Michael Jordan is selling his majority stake in the Charlotte Hornets. The sale ends the post NBA playing chapter for Jordan and also represents a huge return on investment. Here’s a look at the history of his NBA team ownership and how the sale relates to his NBA salary...

Owning a sports arena that can host sports matches and concerts often has a delicate balance of scheduling to make sure events are not double-booked. One NBA team saw their arena schedule dates for concerts in the month of April, which is when the NBA Playoffs take place. Was the arena hoping for...

The Denver Broncos are breaking records this week off the football field. The National Football League franchise is being sold to an ownership group that includes Rob Walton, one of the heirs of Walmart Inc. (NYSE: WMT), for a reported $4.65 billion. The sale price tops the $2.4 billion price tag...

Valuations for professional sports teams continue to rise. A rule that allows private equity companies to own minority stakes in National Basketball Association (NBA) teams continues to be a big story for the sport and is giving investors a way to invest in several NBA teams. What Happened:...

The Atlanta Hawks have been one of the biggest surprises of the NBA Playoffs and one bettor could become a millionaire if the team continues its impressive run. What Happened: In the preseason, the Atlanta Hawks had odds of +10000 to win the NBA Championship. The team had a strong NBA season and...

The Atlanta Hawks beat the New York Knicks in a dramatic 107-105 victory on Sunday night, securing the win after a Trae Young buzzer-beater. The Series’ Storyline: Are the New York Knicks Actual Contenders? How To Watch: Game two of the Hawk-Knicks first-round series will be played at...

Following former Atlanta Hawks owner Bruce Levenson's sale of the team in 2014, Levenson delved right into the non-profit sector, seeding funding of the Do Good Institute at the University of Maryland. Do Good Institute The initiative is unprecedented in the world of higher education. Its aim is to...

When the Los Angeles Clippers were sold to Steve Ballmer earlier this year, most fans assumed it'd be the only NBA franchise to change hands in 2014. The latest drama surrounding the Atlanta Hawks, though, appears to have placed another team on the block. What Happened? According to The...