The sale of the Atlanta Hawks to billionaire Tony Ressler has been an ongoing saga for a number of months. Ressler and his group of investors have spent a large amount of money to buy the NBA franchise and the rights to operate Philips Arena from the Bruce Levenson led Atlanta Spirit consortium, which has been in control of the Hawks since 2004 and brought the historic franchise back to its highest level of success in decades. Ressler’s group will now try to push the Hawks on to become a major force in the post season of the NBA after Levenson and his investors presided over a resurgence that started with the Hawks rooted to the foot of the NBA standings.
Bruce Levenson on prnewswire is no stranger to success as a businessperson as he has spent the majority of his career heading up the United Communications Group, better known as UCG. The company was formed in a spare room as a provider of newsletters to the oil industry, but quickly expanded to reach many other industries as the group it its stride as a serious provider of analytics. Perhaps the area of development that should have shown fans of the Atlanta Hawks that Levenson would prove a success was his move towards technology as the 21st century arrived and the arrival of UCG as a major provider of real time analytics.
The arrival of Bruce Levenson and the rest of the Atlanta Spirit consortium in Atlanta in 2004 should be seen by Tony Ressler as a positive thing and provide a great deal of information about moving in the right direction. The team was positioned last in the overall standings in 2004 and remained there for the 2005 regular season that even saw the arrival of expansion teams in the NBA. Bruce Levenson refused to panic and instead looked on as a steady turnaround of the Hawks was undertaken, which resulted in the team reaching the 2015 playoffs as the number one seed in the Eastern Conference.
Tony Ressler’s arrival at the Atlanta Hawks sees the franchise closer than ever before to adding a second NBA Championship to the one won in 1958. Under the leadership of Bruce Levenson the NBA has seen the rise of the Hawks to a position of respect and power after a long period of less than impressive seasons. The arrival of Tony Ressler is designed to see a further rise by the franchise to higher levels of achievement and the fans hope, a second NBA Championship.