| Company type | Private |
|---|---|
| Industry | Sports, property management |
| Founded | 2004 |
| Defunct | 2015 |
| Headquarters | Atlanta, Georgia |
| Products | Professional sports teams, arenas |
| Owner | Seven businessmen (Majority Owner: Bruce Levenson & Michael Gearon Jr. ) |
| Subsidiaries | Atlanta Thrashers (2004-2011) Atlanta Hawks (2004-2015) |
Atlanta Hawks, LLC (formerly known as Atlanta Spirit LLC) was an Atlanta, Georgia-based parent company formerly the holder of the franchise of the Atlanta Hawks, a professional basketball team in the NBA, and the Atlanta Thrashers, a former professional hockey team in the NHL. The Atlanta Spirit LLC name was changed to Atlanta Hawks, LLC on March 14, 2014.
Atlanta Spirit LLC was originally composed of three companies: a Boston-based company (run by Steve Belkin), an Atlanta-based company (composed of J. Rutherford Seydel, Todd Foreman, J. Michael Gearon, Sr., Beau Turner and Bud Seretean)[1] and a Washington, D.C.-based company (composed of Bruce Levenson, Ed Peskowitz and Todd Foreman).[2] The Boston-based company was bought out by the Atlanta and Washington, D.C. groups in 2010 following conflicts between the three groups.[3]
Bud Seretean died in 2007. In 2014, Levenson announced he would sell his share of the company; however, by January 2015, every partner in the ownership group agreed to sell their stakes in the team, putting the entire franchise up for sale.[4]