Future Atlanta Hawks Ownership Gets Narrowed Down to Two
Tuesday, April 7th, 2015
As final bids to buy the Atlanta Hawks are due Friday, just two potential ownership groups remain, according to multiple sources in finance and close to the parties.
According to Atlanta Business Chronicle's sister publication Street & Smith's Sports Business Journal, the groups are led by Santa Monica, Calif.-based Lionsgate Entertainment Corp. Chairman Mark Rachesky and Los Angeles-based Oaktree Capital Management LLC co-founder Steve Kaplan.
The No. 1 seeded National Basketball Association team was put up for sale in September after owner Bruce Levenson admitted to sending a racist email about the team's fans.
