A new era has truly begun for the Atlanta Hawks. The NBA Board of Governors today unanimously approved the sale of the franchise to the ownership group led by Tony Ressler.
"We are pleased that the NBA's Board of Governors has approved the purchase of the Atlanta Hawks by principal owner Tony Ressler," said NBA Commissioner Adam Silver. "Tony and his diverse and experienced ownership group will bring tremendous energy and passion to the Hawks and the team and its fans will greatly benefit from their commitment to the Atlanta community."
This announcement comes as no surprise, but it signals the official start of what is hopefully a bright future for the franchise. Ressler along with co-owner Grant Hill, CEO Steve Koonin and head coach Mike Budenholzer will meet with the media Thursday morning at 11 a.m.
The team unveiled a complete rebranding of its uniforms and team colors at Philips Arena on Wednesday.