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NBA approves 76ers sale, but stays mum on Hawks

Posted: Wed Oct 19, 2011 2:05 am
by HMFFL
Lockout notwithstanding, the NBA announced Tuesday that its Board of Governors voted unanimously to approve the sale of the Philadelphia 76ers. Meanwhile, the league remains quiet on the proposed sale of the Hawks, which appears stalled in the approval process.

“Nothing new at this point,” NBA senior vice president of communications Tim Frank said by email Tuesday.

The Atlanta Spirit Group’s agreement to sell a majority stake in the Hawks, as well as the Philips Arena operating rights, to Los Angeles businessman Alex Meruelo was announced Aug. 7, contingent on approval by the NBA.

Ten weeks later, a decision on approval does not seem close at hand. A vote is not on the agenda for the league’s Board of Governors meetings Wednesday and Thursday in New York, Frank confirmed. http://www.ajc.com/sports/atlanta-hawks ... 05048.html

Re: NBA approves 76ers sale, but stays mum on Hawks

Posted: Wed Oct 19, 2011 2:50 pm
by HMFFL
It'd be nice to see this happen with the Hawks:
In an attempt to increase attendance – the 76ers were 25th in the league out of 30 teams last season – around 9,000 tickets will be discounted, some by as much as 50 percent. Some lower-bowl seats will be sold for as little as $29.

“We are slashing,” Aron said, “and I mean slashing ticket prices.”

http://www.csnphilly.com/basketball-phi ... edID=10026

Re: NBA approves 76ers sale, but stays mum on Hawks

Posted: Wed Oct 19, 2011 4:52 pm
by MaceCase
Best we could hope for is half-off pizza coupons.

Re: NBA approves 76ers sale, but stays mum on Hawks

Posted: Thu Oct 20, 2011 3:20 am
by parson
which appears stalled in the approval process.

I've been afraid Meruelo doesn't have enough $$$.