Major League Baseball’s all-time home run leader Hank Aaron is a diehard Atlanta Hawks fan, and will now put his money where his mouth as he joins a group bidding on the Hawks. You’ll recall that the team is for sale because current owner Bruce Levenson made some racially insensitive comments immediately in the aftermath of the Donald Sterling fiasco, which in turn forced him out the door.
Aaron is joining a wildly diverse group of bidders that includes Memphis Grizzlies minority owner Steve Kaplan, Indonesian billionaires Erick Thohir and Handy Poernomo Soetedjo, and DC United managing general partner Jason Levien. Despite being plagued with attendance issues, the Hawks were valued at $425 million last year by Forbes before Steve Ballmer paid $2 billion for the Clippers.
With brilliant promotions like “swipe right night,” the franchise’s value has to be through the roof now.
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