Utah
Miller family sells portion of remaining minority share in the Utah Jazz
Salt Lake City, Utah — The Miller family announced it is selling a portion of its minority ownership of the Utah Jazz.
After owning the NBA franchise for 35 years, in 2020, the family sold 80 percent of the Jazz to a group led by Ryan Smith.
“We have treasured our stewardship of the franchise and remain strong supporters of the team and its place in our community. In addition to our business enterprises and philanthropic endeavors, we are proud to continue our ownership of the Salt Lake Bees, the Triple-A affiliate of the Los Angeles Angels,” the family said in a statement.
This comes just days after Smith Entertainment Group announced that Arctos Sports Partners had purchased a minority share of the team, with the plan of bringing a third major league sports team to the state, joining the Jazz and Real Salt Lake.
-
Local News2 weeks ago
Tech companies request a judge to overturn a Utah social media legislation
-
Local News2 weeks ago
Reaction to Gov. Cox’s remarks at the GOP state convention in 2024
-
Local News2 weeks ago
Monthly rent in Salt Lake City is 89% cheaper than monthly mortgage, according to a study
-
Local News2 weeks ago
Judge will decide whether to include Lyman’s choice for lieutenant governor on the ballot
-
Utah1 week ago
Couple finds card skimmer at Salt Lake County grocery store
-
Utah1 week ago
Following a deadly hit-and-run incident on I-15, a Santaquin police officer was identified
-
Local News1 week ago
Transgender activists flood Utah tip line with hoax reports to block bathroom law enforcement
-
Local News1 week ago
How much snow did Utah got during the May storm?
Leave a Reply