Antony Ressler group progressing on deal to purchase Atlanta Hawks, per report

The ownership saga for the Atlanta Hawks may be nearing an end. According to a report by Yahoo Sports' Adrian Wojnarowski, a group led by billionaire Antony Ressler and former NBA player Grant Hill are progressing on a deal to purchase the Atlanta Hawks.

Sources: Private equity billionaire Antony Ressler, who leads group that includes Grant Hill, is progressing on deal to buy Atlanta Hawks.

— Adrian Wojnarowski (@WojYahooNBA) April 22, 2015

Ressler is finalizing an agreement to purchase the Hawks from Bruce Levenson for a price less than $1 billion, sources tell Yahoo Sports.

— Adrian Wojnarowski (@WojYahooNBA) April 22, 2015

More to come....

And here is the next bit, from Bloomberg Sports' Scott Soshnick:

BREAKING: Tony Ressler of Ares Management LP wins bidding for @ATLHawks. Price is $730 million, source says #sportsbiz #NBA

— Scott Soshnick (@soshnick) April 22, 2015

Must have had a 20% off coupon upon purchase....keep staying tuned!