Atlanta Spirit looking for investors, commence countdown to T.I.'s release
BallerBlogger pointed me to an article at the Sports Business journal on the Atlanta Spirit. I don't have access to the original piece, but BallBlogger excerpt it enough for me to gather that the Atlanta Spirit are looking for minority owners and are using Goldman Sachs to aid the process.
Considering the team has lost 20 million annually owning two Atlanta franchises it makes sense. And while I find it a bit cheesy and filled with more fluff than the Spirit are probably wanting, I would not mind seeing the ownership group venture into Miami Dolphin territory and pick up some celebrity ownership. Can you say Terrell Owens?
Kidding aside (sort of), Atlanta has its fair share of celebrities, many of whom attend games, and I am not going to pretend to know if those people have enough money to invest or if they have already chosen to put most of their money in other things that lose value at extreme rates, but it seems like no sport can benefit from a celebrity investor more than the NBA. So why not go for it. Maybe Joe will sign at a discount rate if T.I. is signing his checks. And hey Clifford will be out of jail just in time for a playoff run!
The article also states that the Spirit are not looking to sell either team unless a really good offer comes along. Which is basically like saying we are not looking to sell the team unless we sell it and then we were looking. I remain very confident that the generic use of noun "team" is specifically referring to the Thrashers. And more and more, I think when the Steve Belkin situation resolves itself (in the next decade) the Spirit will be less coy about their desire to become a one team ownership.
So let me have it. Who is your top choice for a celebrity investor?
****Update****
Discussion is now over. Grassroots effort has begun. Outkast for Hawks investors!
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a Mixed bag
Let’s see T.I. and Outkast team up to be the new owners. That would instantly bring a whole new style to the Atlanta Hawks. Every player would want to come and play for the Hawks. And when the Hawks win the NBA Championship, just imagine the after party the “new” owners would throw for ATL.
by littlehombie on Aug 24, 2009 1:46 PM EDT reply actions 1 recs
outkast have partial ownership would probably be the greatest thing ever...ever.
ever.
no doubt andre 3000 would bring back the pacman jersey.
Outcast would be sweet
As far as Rappers that have the potential to sway free agents. The list begins and ends with Lil Wayne, even though he’s from Nawlins (pretty sure Jay-Z would buy a stake in a new york team if anything).
But if there are any Atlanta based rappers that has the money to do this they would be Jermaine Dupree, or Little John, YEAHHH!!!
Jay-Z
He’s already part owner of the Nets iirc. Lil’ Wayne is always at the NO games, so I would assume he would invest there.
Personally, I’d love for T.I.P. or Outkast to be the Hawks owners.
"This is America, if we can’t self-righteously look down on others and blame them for our faults, the commies win."-----Cormican on Bleeding Green Nation w/r/t fans overreacting to the Eagles signing of Michael Vick
plus Wayne's penchant for ALWAYS being high
as opposed to say just enjoying to smoke, might cause some minor issues.
but since we appear to be taking this thread seriously
i am a little disappointed there have not been more takers for Webster!
Or
We could always go back to having everything remotely associated with Atlanta being owned by one individual, that being one Mr. Ted Turner.
Or, maybe the Real Housewives of Atlanta could go all-in and buy out the ASG. I’m willing to bet they’d bring some much needed excitement to the games.
"This is America, if we can’t self-righteously look down on others and blame them for our faults, the commies win."-----Cormican on Bleeding Green Nation w/r/t fans overreacting to the Eagles signing of Michael Vick
How can you dismiss
WEBSTER!?!?!?!?!?!?!
by marvin's ladies of the night on Aug 24, 2009 7:57 PM EDT reply actions

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