Potential Atlanta Hawks Sale Still Alive, According To Report

The potential sale of the Atlanta Hawks to an unknown bidder is moving forward quickly, report Chris Vivlamore and Tim Tucker of the Atlanta Journal-Constitution (via Pro Basketball Talk). News broke in June that the Atlanta Spirit group had found a potential buyer for the club, but the identity of the bidder has remained a secret, improbable as that may seem.

The Atlanta Spirit group recently sold the NHL's Thrashers to a Winnipeg-based group; the NHL quickly approved relocation out of Atlanta. The Hawks won't be moved, though: Atlanta is too important a market for the NBA, despite lousy crowds at Phillips Arena over the years. 

While a purchase price remains to be seen, that plenty of millionaires are willing to buy into the NBA as the league argues it is unprofitable is a bit amazing, and adds another layer of complexity to lockout negotiations. The Philadelphia 76ers are currently being sold to a billionaire investor, and a number of teams have changed hands in the past two years.

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