That's really about all we know right now...
More when we know more... at least it looks like the end of Atlanta Spirit Group as we know them as owners...
No word on whether or not Philips Arena is part of the package, either...
UPDATE: We know more...
California developer and pizza chain owner Alex Meruelo is the lucky guy, and the NBA team will remain in Atlanta. The deal, subject to the approval of the NBA, is to be announced on Monday.
Meruelo, who will have controlling interest of more than 50 percent of the Hawks, founded La Pizza Loca. It has over 50 franchised and company-owned restaurants in Southern California.
He also heads something called "The Meruelo Group," a Downey, California-based investment firm, which recently acquired the Grand Sierra Resort and Casino in Reno, Nevada, for a reported $42.45 million.
More when we know more...
1615 UPDATE: We know more... he has a quote from Mark Bradley's interview in the AJC saying:
"I'm a person who doesn't give up. I want to bring a championship to the city of Atlanta."
Meruelo would become the first Hispanic owner of an NBA team, and his holding company is the owner of one of the largest Hispanic television stations in the US- KWHY-TV in Los Angeles. If Meruelo is serious about being an owner, then tapping into Atlanta's Hispanic market would be a natural fit- albeit a tough one...
Showing posts with label Atlanta Hawks. Show all posts
Showing posts with label Atlanta Hawks. Show all posts
Sunday, August 7, 2011
Thursday, June 23, 2011
Developing: Hawks to be sold
((ht: si.com))
Without time to elaborate, Sports Illustrated writer Ian Thomsen is reporting the Atlanta Hawks are about to be sold to an unnamed buyer.
Few details have been released aside from the 2-sources who confirmed what is about to happen to Thomsen.
Read the S.I.com story RIGHT HERE
We will have more on this story as we are able to find it out and report it.
PM UPDATE: we have more...
From the Hawks their own selves...
"As we have stated for an extended period of time, we engaged an investment banker to assist us in looking for investors for the Atlanta Hawks and Philips Arena operating rights. We have spoken with a number of parties, but at this time, there is no deal in place, nor is there an exclusive
negotiating agreement in place. We will have no further comment at this time."
The HQ isn't in a mood to believe Bruce Levenson or any other part of Spirit at present... we don't buy it- pardon the pun...
Maybe the Hawks will be moving to Winnipeg as well...
Just a thought...
Without time to elaborate, Sports Illustrated writer Ian Thomsen is reporting the Atlanta Hawks are about to be sold to an unnamed buyer.
Few details have been released aside from the 2-sources who confirmed what is about to happen to Thomsen.
Read the S.I.com story RIGHT HERE
We will have more on this story as we are able to find it out and report it.
PM UPDATE: we have more...
From the Hawks their own selves...
"As we have stated for an extended period of time, we engaged an investment banker to assist us in looking for investors for the Atlanta Hawks and Philips Arena operating rights. We have spoken with a number of parties, but at this time, there is no deal in place, nor is there an exclusive
negotiating agreement in place. We will have no further comment at this time."
The HQ isn't in a mood to believe Bruce Levenson or any other part of Spirit at present... we don't buy it- pardon the pun...
Maybe the Hawks will be moving to Winnipeg as well...
Just a thought...
Labels:
Atlanta Hawks,
NBA Basketball
Friday, June 10, 2011
Another Group Making Play For Hawks...???
Talk about tiresome...
We've gone from The Balkan to this...
J. Michael Falgoust and Jake Kaplan of the multi-colored daily have a group bidding on the Atlanta Spirit properties on the table. Once the Thrashers sale to True North Sports and Entertainment goes through and is approved by the National Hockey League, the overall dollar amount would drop to US$400-million or so...
The new buyers...???
The CEOs of Global Wellington Financial Corp. and Oriana Capital Partners jumped in after the John Moores exclusivity window died May 20 to acquire both teams and the arena before the 2011-12 NBA season.
This group, that would be called W/C Holdings, was interested in the Memphis Grizzlies at one point, but couldn't get a play.
Former LSU forward Bernard Woodside is managing director and CEO of Global Wellington. Dexter Chappell is managing director of Oriana.
From the USA Today:
"It's critical and something that weighs heavily on our entire team of African Americans because we look at this as something that would be favorable for the African-American community and representing the community correctly," Woodside said. "It's an important aspect we never lose sight upon."
But, the HQ has this question...
If the Griz, which owner Michael Heisley seems to want to get rid of, couldn't come to an agreement with these guys, what makes the rest of us think that they have the leveraged capital to pick up an arena and a more successful ((for now)) NBA franchise...???
Bully for Woodside if he can pull this off since the world would be rid of Spirit once and for all...
FOSG Beau Estes reminds us what that group would be getting...
((HT: NBA on TNT/nba.com/youtube))
We've gone from The Balkan to this...
J. Michael Falgoust and Jake Kaplan of the multi-colored daily have a group bidding on the Atlanta Spirit properties on the table. Once the Thrashers sale to True North Sports and Entertainment goes through and is approved by the National Hockey League, the overall dollar amount would drop to US$400-million or so...
The new buyers...???
The CEOs of Global Wellington Financial Corp. and Oriana Capital Partners jumped in after the John Moores exclusivity window died May 20 to acquire both teams and the arena before the 2011-12 NBA season.
This group, that would be called W/C Holdings, was interested in the Memphis Grizzlies at one point, but couldn't get a play.
Former LSU forward Bernard Woodside is managing director and CEO of Global Wellington. Dexter Chappell is managing director of Oriana.
From the USA Today:
"It's critical and something that weighs heavily on our entire team of African Americans because we look at this as something that would be favorable for the African-American community and representing the community correctly," Woodside said. "It's an important aspect we never lose sight upon."
But, the HQ has this question...
If the Griz, which owner Michael Heisley seems to want to get rid of, couldn't come to an agreement with these guys, what makes the rest of us think that they have the leveraged capital to pick up an arena and a more successful ((for now)) NBA franchise...???
Bully for Woodside if he can pull this off since the world would be rid of Spirit once and for all...
FOSG Beau Estes reminds us what that group would be getting...
((HT: NBA on TNT/nba.com/youtube))
Labels:
Atlanta Hawks,
Atlanta Spirit LLC
Monday, May 23, 2011
Ex-Thrash Coach Anderson Talks About Old Team, Moores-Hawks Deal Dead For Now...((UPDATED With Off-Ice Personnel Decisions))
((HT: NHLHomeIce/Sirius XM Radio))
The HQ will be the first to admit that Anderson didn't get anything close to a fair shake when he was head coach of the Thrashers.
He was a successful minor-league coach who was fully respected. He was also economically-feasible for Spirit's choice for a head coach at the time.
Anderson was on NHLHomeIce this afternoon to discuss the possible/probable/inevitable move of the Thrashers to Winnipeg...
Among his money quotes...
"It's very difficult when you have an owner not willing to spend the money, or have a solid interest in the team itself."
And, from Tim Tucker at the AJC, the time period that soon-to-be-ex San Diego Padres owner John Moores had to negotiate exclusively with Spirit is wiped off the books.
"We no longer have an exclusivity," Gearon told The Atlanta Journal-Constitution. "It was ended by mutual agreement after preliminary discussions."
Eklund and his HockeyBuzz-ness are relaying that the only way that True North fails in getting a team to Winnipeg is by not making an appointed season ticket number of 14,000. True North is also saying, through Eklund's sources, that they want it written in the deal that Spirit won't get a dime until that marker is achieved.
1800 UPDATE: In what may be another sign of the coming hockey demise in town, the flagship radio station for the Thrashers broadcasts, WCNN-AM/680TheFan, has let go all associated, on-air personnel that were not directly under contract with Atlanta Spirit itself. Remember what we were telling you about good people now having to find work because of the abject hubris of others...???
Here's the first salvo of that...
The HQ will be the first to admit that Anderson didn't get anything close to a fair shake when he was head coach of the Thrashers.
He was a successful minor-league coach who was fully respected. He was also economically-feasible for Spirit's choice for a head coach at the time.
Anderson was on NHLHomeIce this afternoon to discuss the possible/probable/inevitable move of the Thrashers to Winnipeg...
Among his money quotes...
"It's very difficult when you have an owner not willing to spend the money, or have a solid interest in the team itself."
And, from Tim Tucker at the AJC, the time period that soon-to-be-ex San Diego Padres owner John Moores had to negotiate exclusively with Spirit is wiped off the books.
"We no longer have an exclusivity," Gearon told The Atlanta Journal-Constitution. "It was ended by mutual agreement after preliminary discussions."
Eklund and his HockeyBuzz-ness are relaying that the only way that True North fails in getting a team to Winnipeg is by not making an appointed season ticket number of 14,000. True North is also saying, through Eklund's sources, that they want it written in the deal that Spirit won't get a dime until that marker is achieved.
1800 UPDATE: In what may be another sign of the coming hockey demise in town, the flagship radio station for the Thrashers broadcasts, WCNN-AM/680TheFan, has let go all associated, on-air personnel that were not directly under contract with Atlanta Spirit itself. Remember what we were telling you about good people now having to find work because of the abject hubris of others...???
Here's the first salvo of that...
Tuesday, May 3, 2011
Monday NBA Playoffs: Surprise, Surprise, Surprise
How many people had Dallas beating L.A and Atlanta beating Chicago in the first game of their respective series...as the visitors?
Yeah, thought so.
Well, they did. The Hawks got 34 points from Joe Johnson and some solid defense from forgotten backup point guard Jeff Teague and took care of the heavily favored Chicago Bulls 103-95.
The schizophrenic Hawks took control early and never really relinquished the lead. Most so-called "Experts" had them getting swept and beaten in 5 games. And while the 5-game part is still an outside possibility, the Hawks seem to have stood up and said "We ain't going down without a fight".
Your highlights from SI.com/NBA TV:
As for Dallas, the Mavs woke up the Lakers too. Dirk Nowitzki dropped 28 on the Lakers in L.A. with some good defense and making Kobe Bryant try and be the man by himself. Which is probably the only way you have a chance against the Champs.
While the win doesn't forebode a Mavericks trip to the finals, it at least, much like the Hawks-Bulls series says "Ok, we're here to play, you better be ready".
Your highlights again from SI.com/NBA TV:
Yeah, thought so.
Well, they did. The Hawks got 34 points from Joe Johnson and some solid defense from forgotten backup point guard Jeff Teague and took care of the heavily favored Chicago Bulls 103-95.
The schizophrenic Hawks took control early and never really relinquished the lead. Most so-called "Experts" had them getting swept and beaten in 5 games. And while the 5-game part is still an outside possibility, the Hawks seem to have stood up and said "We ain't going down without a fight".
Your highlights from SI.com/NBA TV:
As for Dallas, the Mavs woke up the Lakers too. Dirk Nowitzki dropped 28 on the Lakers in L.A. with some good defense and making Kobe Bryant try and be the man by himself. Which is probably the only way you have a chance against the Champs.
While the win doesn't forebode a Mavericks trip to the finals, it at least, much like the Hawks-Bulls series says "Ok, we're here to play, you better be ready".
Your highlights again from SI.com/NBA TV:
Monday, April 25, 2011
Hawks don't believe in Magic: NBA Playoffs
A brief recap of the 3-month long NBA Playoff season is in order here:
To the apparent surprise of more people than it should, the Atlanta Hawks last night again took advantage of the Orlando Magic and now lead their best of 7 series, 3-1.
The Hawks, possibly the most schizophrenic team in the history of the NBA, matchup incredibly well with the 4th seeded Magic and if its possible, they've managed to out think Magic coach Stan Van Gundy.
Michael Cunningham of the AJC.com gives you the Atlanta re-cap RIGHT HERE
Josh Robbins of the Orlando Sentinel with the Orlando version RIGHT HERE
The 5th seeded Hawks, despite losing their last 6 games leading into the playoffs, look the better prepared of the two teams.
The strategy has been simple. Leave Dwight Howard alone, if he scores 40 points so be it. The Hawks have managed to play the other 4 guys Orlando puts on the floor very well. Orlando's other 4 guys can only shoot what my former High School coach called "Dollar Bill" jump shots (meaning they can't jump over a $1 bill). And they aren't making them. At all. The Magic haven't adjusted to this and thusly will lose this series if not Tuesday, then by the end of the week.
Your highlights from SI.com/Turner Sports:
To the apparent surprise of more people than it should, the Atlanta Hawks last night again took advantage of the Orlando Magic and now lead their best of 7 series, 3-1.
The Hawks, possibly the most schizophrenic team in the history of the NBA, matchup incredibly well with the 4th seeded Magic and if its possible, they've managed to out think Magic coach Stan Van Gundy.
Michael Cunningham of the AJC.com gives you the Atlanta re-cap RIGHT HERE
Josh Robbins of the Orlando Sentinel with the Orlando version RIGHT HERE
The 5th seeded Hawks, despite losing their last 6 games leading into the playoffs, look the better prepared of the two teams.
The strategy has been simple. Leave Dwight Howard alone, if he scores 40 points so be it. The Hawks have managed to play the other 4 guys Orlando puts on the floor very well. Orlando's other 4 guys can only shoot what my former High School coach called "Dollar Bill" jump shots (meaning they can't jump over a $1 bill). And they aren't making them. At all. The Magic haven't adjusted to this and thusly will lose this series if not Tuesday, then by the end of the week.
Your highlights from SI.com/Turner Sports:
Labels:
Atlanta Hawks,
Dwight Howard,
NBA Playoffs,
Orlando Magic
Tuesday, April 5, 2011
Jamal Crawford Suing Single Mother
((HT: MyFoxAtlanta))
Most athletes have homes in more than one city- their home town and the town in which they work for their living.
In the case of Atlanta Hawks guard Jamal Crawford, he was renting a house from a single mom who had certain stips as part of the deal.
It appears that Jamal may have taken some liberties as part of his rental agreement, and he's suing/counter-suing anyway.
FOSG Randy Travis checks in on what may have gone down...
When Randy and fellow FOSG Dale Russell and Dana Fowle knock on your door, it ain't a good thing...
Most athletes have homes in more than one city- their home town and the town in which they work for their living.
In the case of Atlanta Hawks guard Jamal Crawford, he was renting a house from a single mom who had certain stips as part of the deal.
It appears that Jamal may have taken some liberties as part of his rental agreement, and he's suing/counter-suing anyway.
FOSG Randy Travis checks in on what may have gone down...
I-Team: Jamal Crawford Lawsuit: MyFoxATLANTA.com
When Randy and fellow FOSG Dale Russell and Dana Fowle knock on your door, it ain't a good thing...
Labels:
Atlanta Hawks,
Jamal Crawford
Thursday, March 31, 2011
Dominique Wilkins attacked by former ref---Now with fight video
((ht: ajc.com))This is just plain weird. NBA Hall of Famer and Atlanta Hawks VP and Broadcaster Dominique Wilkins was attacked after the Hawks game on Wednesday night against the Orlando Magic.
The attacker, Rashan Michel jumped Wilkins, hitting him in the chest and hitting a security guard. According to the Atlanta Journal-Constitution, Michel was previously an NBA and College Referee and previously owned a clothing store. He claims Wilkins owes him money.
More from AJC.com RIGHT HERE
Interesting. Wilkins, for his part, wasn't hurt. But we are guessing he, along with everyone else who witnessed this was a bit stunned. Michel, at least judging by this mugshot, could possibly have tripped and fallen into someone's fist.
Having worked many Hawks games in our career, we know that they do have some security at Philips arena, but they tend to be off to the side and out of view. Perhaps that's something they might want to look into.
**UPDATE**---Shockingly, there's video, and it's on TMZ:
For those wondering about Wilkins, here's a reminder of why he's a legend. Thanks NBA TV:
Labels:
Atlanta Hawks,
Dominque Wilkins,
Rashan Michel
Friday, February 25, 2011
Two Groups Interested In Hawks, Thrashers, Philips... Really...???
((HT: AJC/Vivlamore))
Not much to update off the headline except the idea that neither group is close to signing anything on the line which is dotted. No paperwork has been filed. Both groups want to keep the teams in Philips, and one idea has some "developmental" aspects added to the proposed purchase.
Presumably, that means that what is referred to as "The Gulch," the undeveloped parking lot area adjacent to the railroad tracks and the arena itself, would be developed. Into what, no one has said. And the space for variances to construct anything other than parking decks would come, instantly, into question...
Vivlamore adds that it would take at least two months for any kind of vetting process to get an ownership swapping point. But out of town groups have been mentioned in efforts to move the Thrashers to three Canadian towns- Hamilton, Winnipeg, and Quebec City.
A group has surfaced on the Internets: Keep The Thrashers at keepthethrashers.com
Chris Ciovacco has surfaced as the leader of the pack, and was recently interviewed by our friends at WXIA-TV in Atlanta.
They're planning rallies of support at upcoming home games.
The HQ anticipates tens of people to turn out.
Here was the mention of just how dire the situation is for trades with the Thrashers as we get to the Trade Deadline Monday. The comments are from Pierre LeBrun, Ron McLean, and Glenn Healy on CBC-TV and the "Satellite Hotstove" from Saturday night.
((HT: CBC/youtube))
The clock tick-eth...
Not much to update off the headline except the idea that neither group is close to signing anything on the line which is dotted. No paperwork has been filed. Both groups want to keep the teams in Philips, and one idea has some "developmental" aspects added to the proposed purchase.
Presumably, that means that what is referred to as "The Gulch," the undeveloped parking lot area adjacent to the railroad tracks and the arena itself, would be developed. Into what, no one has said. And the space for variances to construct anything other than parking decks would come, instantly, into question...
Vivlamore adds that it would take at least two months for any kind of vetting process to get an ownership swapping point. But out of town groups have been mentioned in efforts to move the Thrashers to three Canadian towns- Hamilton, Winnipeg, and Quebec City.
A group has surfaced on the Internets: Keep The Thrashers at keepthethrashers.com
Chris Ciovacco has surfaced as the leader of the pack, and was recently interviewed by our friends at WXIA-TV in Atlanta.
They're planning rallies of support at upcoming home games.
The HQ anticipates tens of people to turn out.
Here was the mention of just how dire the situation is for trades with the Thrashers as we get to the Trade Deadline Monday. The comments are from Pierre LeBrun, Ron McLean, and Glenn Healy on CBC-TV and the "Satellite Hotstove" from Saturday night.
((HT: CBC/youtube))
The clock tick-eth...
Wednesday, February 23, 2011
NBA Silly Season Continues With Williams And Bibby
First, the Utah Jazz surprised the civilized world by sending resident-alleged trouble-maker Deron Williams to New Jersey for point guard Devin Harris, power forward Derrick Favors, and two first-round picks (from the Nets in 2011 and the Golden State Warriors in 2012).
The word associated with it, normally, was "shock..."
Here's head coach Tyrone Corbin
((HT: KSL-TV))
The Jazz also get $3-million in cash to help with the whole salary cap evening-out.
Then, this evening the Atlanta Hawks send 2011 underachiever Mike Bibby to the Eastern Conference version of Siberia- Washington- for Kirk Hinrich and centerman Hilton Armstrong.
The Hawks sent Bibby, rookie Jordan Crawford, swingman Mo Evans and their 2011 first-round draft pick to the Wizards.
Bibby, Crawford and Evans were informed of the trade prior to the team’s game against Phoenix tonight. Jeff Teague replaced Bibby in the starting lineup- his first start of the year.
The Hawks proceeded to get blown out early on in Phoenix against the Suns. They were down 11 in the third quarter...
Bibby was interviewed recently on GPB's SportsCentral program about what advice he would give high schoolers about the game...
Here's how the story broke the last time Bibby got dealt...
((HT: Associated Press))
The word associated with it, normally, was "shock..."
Here's head coach Tyrone Corbin
((HT: KSL-TV))
Video Courtesy of KSL.com
The Jazz also get $3-million in cash to help with the whole salary cap evening-out.
Then, this evening the Atlanta Hawks send 2011 underachiever Mike Bibby to the Eastern Conference version of Siberia- Washington- for Kirk Hinrich and centerman Hilton Armstrong.
The Hawks sent Bibby, rookie Jordan Crawford, swingman Mo Evans and their 2011 first-round draft pick to the Wizards.
Bibby, Crawford and Evans were informed of the trade prior to the team’s game against Phoenix tonight. Jeff Teague replaced Bibby in the starting lineup- his first start of the year.
The Hawks proceeded to get blown out early on in Phoenix against the Suns. They were down 11 in the third quarter...
Bibby was interviewed recently on GPB's SportsCentral program about what advice he would give high schoolers about the game...
Here's how the story broke the last time Bibby got dealt...
((HT: Associated Press))
Labels:
Atlanta Hawks,
Trade Deadline,
Washington Wizards
Wednesday, February 16, 2011
Gearon On Thrashers: Looking For Investors Or A Change Of Address
((HT: 680TheFan))
Here's the interview in full... with FOSG John Kincade
Michael Gearon was a guest on the "Buck and Kincade" show on WCNN-AM Wednesday afternoon and was placed on the spit by Kincade...
Gearon admitted that Atlanta Spirit is looking for minority investors or majority investors to help the viability of Spirit and the Thrashers. Kincade is of the mind that local investors would be the best approach long-term, and Gearon replied that the group is of an open mind for any kind of investor.
"We're in a position now where, ideally, we need more fan support. We've been writing checks for the Thrashers for seven years, and it's a lot of money," Gearon admitted. "I know there's a correlation between winning and losing. I think the big challenge we have in Atlanta, is that we're not as strong a sports town as a Philadelphia or a Boston."
Gearon admitted that the on-ice product has had a difficult three or four weeks. From his prospective, he cares about both franchises and that both are important to the city. He's been handcuffed for five years, and he wants to strengthen the ownership of the team. He doesn't want to divest his share.
He also said his greater strength is basketball, but he loves the hockey team. He wants a strong group committed to the teams. It would be an ideal situation to have other locals involved along the line...
The perception of the owners being "cheap" is a misnomer in Gearon's mind- especially with the offer that they gave Ilya Kovalchuk last year, and the signing of Dustin Byfuglien this year to a 5-year, US$26-million dollar deal.
This is what the team is getting for that time...
There's talk that the deal is back-weighted, so the onus is on the new owners should the current owners go ahead with the sale...
((HT: NHL))
Who is Mayflower's competitor down here...???
Two other articles are must-reads where this is concerned...
Stu Hackel's piece in SI.com detailing the financial woes...
And the AJC's Chris Vivlamore piece where Gearon told him this:
“If we are faced with that as the only alternative, that’s what’s going to happen,” Gearon told The Atlanta Journal-Constitution in an exclusive interview. “I don’t think there is an ability to stomach another $20 million in [yearly] losses. We just can’t do it.
“The reality is we need fans showing up and we need investors or a primary investor.”
Vivlamore also says that "...if the Thrashers were to be sold and moved, the Atlanta Spirit would lose a pro-rated portion of the $10 million annual naming rights fee to Philips Arena. It would also lose concession revenue and other income generated by the Thrashers dates in the arena."
Looks like they're going the way of these guys...
Here's the interview in full... with FOSG John Kincade
Michael Gearon was a guest on the "Buck and Kincade" show on WCNN-AM Wednesday afternoon and was placed on the spit by Kincade...
Gearon admitted that Atlanta Spirit is looking for minority investors or majority investors to help the viability of Spirit and the Thrashers. Kincade is of the mind that local investors would be the best approach long-term, and Gearon replied that the group is of an open mind for any kind of investor.
"We're in a position now where, ideally, we need more fan support. We've been writing checks for the Thrashers for seven years, and it's a lot of money," Gearon admitted. "I know there's a correlation between winning and losing. I think the big challenge we have in Atlanta, is that we're not as strong a sports town as a Philadelphia or a Boston."
Gearon admitted that the on-ice product has had a difficult three or four weeks. From his prospective, he cares about both franchises and that both are important to the city. He's been handcuffed for five years, and he wants to strengthen the ownership of the team. He doesn't want to divest his share.
He also said his greater strength is basketball, but he loves the hockey team. He wants a strong group committed to the teams. It would be an ideal situation to have other locals involved along the line...
The perception of the owners being "cheap" is a misnomer in Gearon's mind- especially with the offer that they gave Ilya Kovalchuk last year, and the signing of Dustin Byfuglien this year to a 5-year, US$26-million dollar deal.
This is what the team is getting for that time...
There's talk that the deal is back-weighted, so the onus is on the new owners should the current owners go ahead with the sale...
((HT: NHL))
Who is Mayflower's competitor down here...???
Two other articles are must-reads where this is concerned...
Stu Hackel's piece in SI.com detailing the financial woes...
And the AJC's Chris Vivlamore piece where Gearon told him this:
“If we are faced with that as the only alternative, that’s what’s going to happen,” Gearon told The Atlanta Journal-Constitution in an exclusive interview. “I don’t think there is an ability to stomach another $20 million in [yearly] losses. We just can’t do it.
“The reality is we need fans showing up and we need investors or a primary investor.”
Vivlamore also says that "...if the Thrashers were to be sold and moved, the Atlanta Spirit would lose a pro-rated portion of the $10 million annual naming rights fee to Philips Arena. It would also lose concession revenue and other income generated by the Thrashers dates in the arena."
Looks like they're going the way of these guys...
Sunday, February 13, 2011
How Do You Blow A 22-Point Lead...???
Ask the Atlanta Hawks after last night's loss to the Charlotte Bobcats at Philips Arena...
Stephen Jackson will give you the game-winner... 2 of his team-high 32...
((HT: NBA.com/youtube/FSSouth))
Well done, Hawks...
Stephen Jackson will give you the game-winner... 2 of his team-high 32...
((HT: NBA.com/youtube/FSSouth))
Well done, Hawks...
Labels:
Atlanta Hawks,
Charlotte Bobcats,
NBA,
Stephen Jackson
Saturday, January 29, 2011
Two Williams Suspended Three Games In NBA
((HT: NBA their ownselves))
The Atlanta Hawks’ Marvin Williams has been suspended two games without pay for throwing punches and fighting with the
New York Knicks’ Shawne Williams. Shawne Williams has been suspended one game without pay for throwing a punch during the
altercation.
The incident occurred with 43.7 seconds remaining in the fourth period of the Hawks’ 111-102 win over the Knicks last night.
This would be the altercation in question...
((HT: NBA/youtube))
Neither team questioned the suspension by the league and the sit-downs start immediately...
The Atlanta Hawks’ Marvin Williams has been suspended two games without pay for throwing punches and fighting with the
New York Knicks’ Shawne Williams. Shawne Williams has been suspended one game without pay for throwing a punch during the
altercation.
The incident occurred with 43.7 seconds remaining in the fourth period of the Hawks’ 111-102 win over the Knicks last night.
This would be the altercation in question...
((HT: NBA/youtube))
Neither team questioned the suspension by the league and the sit-downs start immediately...
Labels:
Atlanta Hawks,
New York Knicks
Wednesday, October 20, 2010
Magic Divests From Lakers, Hawks Next...?
This is just something we're putting out there after talking to a few of our own sources...
In the past few days, it was announced that Earvin Johnson was divesting himself of his shares in the Los Angeles Lakers franchise and selling them to local SoCal philanthropist and doctor, Dr. Patrick Soon-Shiong, a season-ticket holder for 25 years.
Johnson paid a reported $10 million for his stake in ownership in 1994.
The Lakers did not say what percentage of the team Johnson owned, but some in the industry report put it as high as 5 percent, which could put the value of his stake at almost $30-million.
There was talk that Johnson was interested in the Pistons and the LA Dodgers- both of which he has publicly denied to the LA Times' Broderick Turner.
But the HQ isn't dumb. We all know what denials are good for...
Johnson was also linked to a possible percentage in the Golden State Warriors, but those talks didn't go anywhere, either.
So, that brings us to Atlanta...
The team is up for sale, regardless as to what Atlanta Spirit, LLC is saying publicly. They lack the capital to compete on various levels with any and all of their properties. The HQ even knows of an investigation by a CPA firm of the value of the Spirit properties within the last year.
We know the firm and the location of the investigation...
And, no, we're not telling you...
Don't be surprised if any move involving Joe Johnson is a sign-and-trade eventually. New Thrashers GM Rick Dudley has deftly waded through the Spirit waters to create a competitive team at a little over US$46M- US$17 under the cap. Donald Brashear's US$1.4-million buyout is included in that US$46-million.
Only 11 players on the current 25-man roster have signed on the line which is dotted for the 2011-12 season, and only five of those are under a deal for anything longer than that...
If the Thrashers are in no position to make the playoffs, most of Chicago South could be dealt by the trade deadline.
The NBA desperately wants a marquee name in Atlanta. Magic has had both his theater and fast-food franchises anchored in Atlanta at any given point of his entrepreneurship. He could gravitate toward the Pistons if Joe Dumars continues to flounder in his front office post.
But the opening in Atlanta is too large to ignore...
Just letting you know...
In the past few days, it was announced that Earvin Johnson was divesting himself of his shares in the Los Angeles Lakers franchise and selling them to local SoCal philanthropist and doctor, Dr. Patrick Soon-Shiong, a season-ticket holder for 25 years.
Johnson paid a reported $10 million for his stake in ownership in 1994.
The Lakers did not say what percentage of the team Johnson owned, but some in the industry report put it as high as 5 percent, which could put the value of his stake at almost $30-million.
There was talk that Johnson was interested in the Pistons and the LA Dodgers- both of which he has publicly denied to the LA Times' Broderick Turner.
But the HQ isn't dumb. We all know what denials are good for...
Johnson was also linked to a possible percentage in the Golden State Warriors, but those talks didn't go anywhere, either.
So, that brings us to Atlanta...
The team is up for sale, regardless as to what Atlanta Spirit, LLC is saying publicly. They lack the capital to compete on various levels with any and all of their properties. The HQ even knows of an investigation by a CPA firm of the value of the Spirit properties within the last year.
We know the firm and the location of the investigation...
And, no, we're not telling you...
Don't be surprised if any move involving Joe Johnson is a sign-and-trade eventually. New Thrashers GM Rick Dudley has deftly waded through the Spirit waters to create a competitive team at a little over US$46M- US$17 under the cap. Donald Brashear's US$1.4-million buyout is included in that US$46-million.
Only 11 players on the current 25-man roster have signed on the line which is dotted for the 2011-12 season, and only five of those are under a deal for anything longer than that...
If the Thrashers are in no position to make the playoffs, most of Chicago South could be dealt by the trade deadline.
The NBA desperately wants a marquee name in Atlanta. Magic has had both his theater and fast-food franchises anchored in Atlanta at any given point of his entrepreneurship. He could gravitate toward the Pistons if Joe Dumars continues to flounder in his front office post.
But the opening in Atlanta is too large to ignore...
Just letting you know...
Monday, July 5, 2010
Johnson Handcuffs Hawks By Accepting Max Deal
Joe Johnson is staying with the Atlanta Hawks, his agent said in a blog published on the Huffington Post website Sunday.
Arn Tellem, Johnson's agent, said that Johnson agreed to accept the club's six-year, $119M contract offer. He confirmed the post to The AP ((presumably, FOSG Paul Newberry)).
"For his next act, Joe plans to actively recruit other top free agents to Atlanta, a place not unlike his hometown, where he feels comfortable and appreciated," Tellem wrote. "LeBron, you've already met with the front offices of six teams. How about considering the Hawks?"
The HQ thinks everyone associated with this deal has lost their damn minds. Tellem for even floating the above paragraph, Johnson for signing after a season where he criticized ownership, and ownership for thinking that this will help cure what ails this moribund franchise.
They still have to sign more players as Johnson is overrated and cannot do this alone. The interesting point now for Atlanta Spirit is who they think they'll attract and/or even re-sign for this roster with the money they don't have.
Chris Broussard analyzes for the four-letter...
Arn Tellem, Johnson's agent, said that Johnson agreed to accept the club's six-year, $119M contract offer. He confirmed the post to The AP ((presumably, FOSG Paul Newberry)).
"For his next act, Joe plans to actively recruit other top free agents to Atlanta, a place not unlike his hometown, where he feels comfortable and appreciated," Tellem wrote. "LeBron, you've already met with the front offices of six teams. How about considering the Hawks?"
The HQ thinks everyone associated with this deal has lost their damn minds. Tellem for even floating the above paragraph, Johnson for signing after a season where he criticized ownership, and ownership for thinking that this will help cure what ails this moribund franchise.
They still have to sign more players as Johnson is overrated and cannot do this alone. The interesting point now for Atlanta Spirit is who they think they'll attract and/or even re-sign for this roster with the money they don't have.
Chris Broussard analyzes for the four-letter...
Labels:
Atlanta Hawks,
Atlanta Spirit LLC,
Joe Johnson
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