Former Co-owner Of The Atlanta Hawks, Bruce D. Levenson

Bruce Levenson was born on October 1st 1949 in Washington D.C into a jewish family. He grew up in Chevy Chase Maryland where he spent the majority of his youth. Bruce Levenson attended both the Washington University and the American university where he graduated in a bachelor of arts and a law degree. He attended law school during the evenings and worked day time at a local newspaper and worked on his journalism career. Bruce Levenson has always been a hard worker and so later started a company in his basement known as the United Communications Group. Bruce Levenson currently has three children with his wife Karen Boyarsky Levenson. They live with their three children in Atlanta, Maryland and Potomac where they have family homes.
Bruce Levenson has always had a passion for basketball and bought the Atlanta Hawks LLC professional Basketball team alongside several other businessman. This purchase was made in 2004 for $250 million and also included a second team the Atlanta Thrashers NHL as well as the operating rights to the Phillips Arena which is the home of the Atlanta Hawks. The Thrashers were later sold off for $170 million and the team relocated to Winnipeg.

In recent news Bruce Levenson hired Bankers at Goldman Sachs and another company to sell the Atlanta Hawks for them but the Bankers oversold the team and promised the investors $1 billion in return. This was not the case and the team later told to Antony Ressler for $850 million. This was still a significant profit for the owners of the Atlanta Hawks, specialists however believed that more could have been made if the team was not oversold in the beginning. A net profit of over $600 million was earned.  For more information on Bruce Levenson, visit his Wikipedia page and official website brucelevenson.com.

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