The Shakeup At The Hawks
After a recent shakeup of the Atlanta Hawks, owners are looking to sue the insurance company that promised to back them in the event of a loss. Recently, the Atlanta Hawks lost their general manager Danny Ferry. His decision to resign has cost the management team money, but the insurance company has not covered this loss. According to the team’s managers, such as Bruce Levenson, this decision contradicts the agreements the company made in a written agreement. Now, they are suing to receive compensation for alleged damages they have incurred.
About Bruce Levenson
Bruce Levenson is a longtime owner of the Atlanta Hawks and also the founder of the UCG. Inspired by his love of sports, he sought out a way to use his business acumen to involve himself in the sports he loved. Time.com says thanks to his wise decisions, Levenson is much wealthier, in fact he is a billionaire, and the Hawks franchise is much more successful. Levenson understands the importance of using his wealth to give back to others in need, so he has made philanthropy an important part of his life. He contributed extensively to the financial endowments of the U.S Holocaust Museum and the Anti Defamation League, but there are many other organizations he has assisted.