You’ve got some serious competition, Dominique Wilkins.
Five-time NBA All-Star Chris Webber and a group of wealthy investors have formally submitted a bid to purchase the Atlanta Hawks.
Racially-charged scandals involving ownership and upper management engulfed the franchise this summer, forcing majority owner Bruce Levenson to put the franchise up for sale:
— Chris Webber (@realchriswebber) October 16, 2014
Per Yahoo! Sports:
Webber would have a modest financial investment in the partnership, but is expected to emerge as a face of the bid with an ultimate goal of becoming a prominent figure on the basketball side for the Hawks, league sources said.
The primary investors are expected to become public in the near future, sources said. Several prominent groups with interest in buying the Hawks are also expected to become known soon.
Webber, 41, has had a home in Atlanta for the past decade and has been working to connect with community officials and organizations to make a case for reselling the organization to an increasingly dubious public.
