Bruce Levenson Gained Big Profits

Former owner of the Atlanta Hawks, Bruce Levenson, is one of the brass names in the NBA after spending ten years as the public face of the franchise after he purchased the team in 2004. Bruce Levenson is an American businessman and sports team owner who according to Forbes.com has a net worth of $500 million. He was well-equipped to oversee the operations of the Atlanta Hawks. Levenson is probably most famous for being the controlling owner of the NBA’s Atlanta Hawks basketball franchise. Levenson also was the overseer of some great trades and draft decisions, which helped the team stay competitive.

Those decisions by Bruce Levenson and his group (as well as great play from their stars) put the Atlanta Hawks in a position to get 60 wins in his last season, which is a franchise record. With his skill and expertise, he implemented a diverse collection of stadium services related to food, music, seating, and apparel that catered to the unique preferences of every sport enthusiast.

Since the last quarter of 2014, when the negotiation started to sell the NBA’s five time champion of the Southeast division, Levenson has been part of one of the longest transactions for what is an NBA standard operation. It was a long road until June 2015 when finally the new management structure became solid for the team. In 2014, Bruce Levenson sold the Atlanta Hawks’s team to a group of investors led by Antony Ressler for around 850 million dollars, which proved to be very profitable for Bruce Levenson.

He has been an active philanthropist since the 1980’s. He has launched numerous initiatives to help the disadvantaged in the society, among them are I have a dream foundation and peace players among others. Bruce Levenson of UCG is deemed to be one of the USA’s most successful business people as well as being a highly-esteemed philanthropist and family-oriented human being. He was a founding board member and is on the Board of Directors for the publicly traded TechTarget, an IT industry media company. Levenson has rendered his services for different companies such as BIA Digital Partners besides Newsletter and Electronic Publishers Association.