Atlanta Spirit Statement on Sale of Teams and Arena

Friday, June 18, 2010
By Jon Newberry

ATLANTA, GA (June 18, 2010) — Bruce Levenson and Michael Gearon, two of the principal partners of Atlanta Spirit LLC, the parent company that owns the Atlanta Hawks, Atlanta Thrashers and Philips Arena operating rights, have released the following statement regarding the rumored sale of the teams and arena:

“As has been shared publicly for more than a year, we are interested in finding minority investors and have engaged a firm to assist us in that effort.  We have no plans to move either team, and remain committed to the Hawks, the Thrashers, Philips Arena and the city of Atlanta.”