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Official find the Atlanta Hawks a new owner(s) thread...


ATLHawks3

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Alex Meruelo

 

 

Meruelo has much. An estimated net worth of around $14.5 billion, according to some reports. From the La Pizza Loca chain spread across Southern California to the Grand Sierra resort and casino in Reno to KWHY television station in L.A., Meruelo's portfolio is granite; he has money.

 

 

 

 

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Assuming Levenson owns 30% or something like that, who would want only that much of the team?  Sure, it would likely gain value over the next few years, as all of the BIG 4 pro sports teams seem to appreciate over time, but other than being a passive investor you wouldn't get much by becoming just another one of several dysfunctional money losing ASG owners.  

 

And if you are the other current owners of the ASG, why offer Levenson much for his share?  He's in a bind so you could low-ball him a bit (unless, as I stated above, there are other passive investors looking to get in on an appreciable asset).

 

I think the attractiveness of his share of the team is really in someone's ability to group it with enough of the other ASG owner's shares to get to 51% and become the controlling partner.  If someone is willing to offer, say $750 million (since Milwaukee sold for $550 million) I think the other owners would sell and maintain small shares so they could still have their perks and enjoy front row seats.  

 

Otherwise I think Levenson will be lucky to find someone to offer him more than $200 million for his share, which is still a nice profit over what he originally paid (less than $100 million).  

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Arthur Blank!

There's not a better person for the job! He cares too and that the biggest thing...it would be like having a mark Cuban like owner with blank....we need that!

 

A real owner with real money and real passion.  I'm so glad he's in Atlanta.

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I wish Bernie Marcus had an interest in the Hawks as he would be a GREAT owner with ties to the local community.  Otherwise perhaps some of those that bid on the Clippers would consider bidding on the Hawks.

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