- Atlanta Spirit, LLC
Atlanta Spirit, LLC is a partnership headquartered at 101 Marietta St.,
Atlanta , GA. They own theNBA 'sAtlanta Hawks and theNHL 'sAtlanta Thrashers , as well asPhilips Arena . The nine partners who comprise the group areSteve Belkin ,Michael Gearon, Jr. ,Bruce Levenson ,Ed Peskowitz ,J. Rutherford Seydel ,Todd Foreman ,J. Michael Gearon, Sr. ,Bud Seretean , andBeau Turner [ [http://www.philipsarena.com/Content/view.aspx?CID=368106e3-8d91-4dfe-a026-94f60f0c255b Philips Arena press release] ] . These nine businessmen are divided into three groups, each headquartered inAtlanta ,Washington, D.C. , andBoston , and each group shares equal voting power within the group. In the summer of2005 , the Atlanta Hawks finalized a trade with thePhoenix Suns to obtainshooting guard Joe Johnson forBoris Diaw and two protected future first-round picks. While this trade met with the approval of the majority of the ownership group, it was rejected by Steve Belkin, who held a controlling vote as the Hawks Governor within the group. This triggered legal proceedings to force Belkin out of the group, which persist to this day.References
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