Bruce Levenson’s Work As Owner Of The Atlanta Hawks And Building Philanthropic Organizations

Bruce Levenson is a prominent figure in the NBA as the former owner of the Atlanta Hawks and their representative on the NBA’s Board of Governors. He owned the majority of the Atlanta Hawks’ shares after purchasing the team as part of a packaged deal in 2004. He decided to sell the team in 2015 in a Forbes reported $850 million deal to business magnate Tony Ressler, but in the midst of this sale he’s taken the team’s former insurance provider to court over failure to honor a policy. The policy allowed for former General Manager Danny Ferry to file a claim in the event of wrongful termination and Ferry’s attorneys maintain that he was eligible to receive payments from this claim. Levenson and the other former owners are in the midst of a long settlement for this situation.

Bruce Levenson is the cofounder of United Communications Group (UCG), a company he and his friend Ed Peskowitz started in a small apartment in a Washington D.C. neighborhood. Levenson loved writing and journalism growing up, and he got his bachelor’s degree in the field from Washington University and also contributed to the Washington Star newspaper on the side. He had also thought about going into law and attended American University’s law school where he got his J.D., but the success of his new company in 1977 prompted him to stay focused on journalism. UCG began publishing many industry newsletters and today is a large scale technology service company. See, http://brucelevenson.com/.

Levenson also helped build several philanthropic organizations including Hoop Dreams, “I Have a Dream” Foundation, and the Center for Philanthropy and Non-Profit Leadership at the University of Maryland. He’s also a member of the Holocaust Memorial Museum Board of Trustees and his mother-in-law once told her story of survival of the event when the Atlanta Hawks team visited the museum in 2014. Levenson also partnered with the Anti-Defamation League to host the Concert Against Hate in 2015.

Source: Wikipedia.org