Atlanta Hawks new plan to sale home arena
The featured strong came report on Thursday to sale their own arena, has been announced accurately. Last year Levenson announced in September, over racial email, but hasn’t prove that was true. He was desperate to sale own arena. Somehow the new plan for selling it, been announced. Bruce Levenson and his Washington partner, Ed Peskowitz control 50.1 percent of the team, their team is expected to remain in Atlanta, but anything else include operating rights to Philips Arena, the Hawks’ home.
Any new owner of the Hawks is committing to remaining in Atlanta for another 30 years. The Hawks would have to pay a $75 million early termination fee if they leave Philips Arena before the 2018-19 season.
According to Yahoo Sports “The Hawks have retained investment management firm Goldman Sachs & Co., which has an Atlanta office, and investment bank Inner Circle Sports LLC”
