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A group headed by billionaire Antony Ressler has agreed to Dt5FW6a9x purchase the NBA's Atlanta Hawks.

The team announced the deal Wednesday night during the first half basketball jerseys cheap of the Hawks' Eastern Conference playoff game against the Brooklyn Nets.

The sale price was not released. But a person familiar with the deal, speaking to The Associated Press on condition of anonymity because the two sides did not reveal that information, said Ressler's group would pay $850 million US, including debt the team owes.

Former NBA star Grant Hill and Spanx founder Sara Blakely are part of the new ownership group. The deal was first reported by the Atlanta Journal Constitution.

The Hawks went on the market after discovering an inflammatory email written by co owner Bruce Levenson in 2012, complaining about the racial makeup of the team's fans. On the heels of Donald Sterling's forced ouster as owner of the Los Angeles Clippers under similar circumstances, nfl youth jerseys Levenson announced he would sell his share of the Hawks.

The deal still must be approved by three fourths of the NBA's other 29 owners. That should not be a problem, given that Ressler is a minority owner of baseball's Milwaukee Brewers and is familiar to the NBA for his attempts to buy the Los Angeles Clippers last year.

"We are honored and thrilled to have been chosen to become the new stewards of the Hawks," Ressler said in a statement issued by the team. "We respect the NBA's approval process and, accordingly, can say no more other than we are incredibly excited by the Hawks' success and wish them luck in the playoffs."

Ressler was not at Philips Arena for Game 2 of the playoffs. The Hawks won the series opener 99 92.

In September, Levenson announced he was selling his stake in the team after writing a racially charged email two years earlier in which he complained that the Hawks struggled with attendance because "the black crowd scared away the whites."

Levenson's email was uncovered during the team's internal investigation of general manager Danny Ferry, who made racially derogatory comments about potential free agent signee Luol Deng during a conference call with the ownership group. Ferry went on indefinite leave shortly afterward and hasn't been with the Hawks all season, his future expected to be decided by the new owner.

Levenson and his Washington partner, Ed Peskowitz, initially agreed to sell their 50.1 percent stake in the team. In January, the entire ownership group announced plans to sell the Hawks and operating rights to Philips Arena, the 16 year old home of the team, though Atlanta based Michael Gearon Jr. could retain a minority share.

"We are excited to welcome this new ownership group and are deeply gratified by its commitment to the Hawks and the Atlanta community," said Steve Koonin, the Hawks' chief executive officer. "We are pleased that the group is committed to continue building on the franchise's storied history and recent success." http://omatex-forum.com/Thread-Ohio-State-Gets-Bowl-Ban
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