Michael Gearon Jr. Rumors

The Atlanta Spirit ownership group is on the verge of selling the Thrashers, but it will be holding on to the Hawks at least for a while. The Spirit and outgoing San Diego Padres owner John Moores agreed Friday to terminate Moores’ exclusive negotiating period on a possible purchase of the Hawks, Spirit partner Michael Gearon Jr. confirmed. “We no longer have an exclusivity,” Gearon told The Atlanta Journal-Constitution. “It was ended by mutual agreement after preliminary discussions.”
The Atlanta Spirit ownership group is on the verge of selling the Thrashers, but it will be holding on to the Hawks at least for a while. The Spirit and outgoing San Diego Padres owner John Moores agreed Friday to terminate Moores’ exclusive negotiating period on a possible purchase of the Hawks, Spirit partner Michael Gearon Jr. confirmed. “We no longer have an exclusivity,” Gearon told The Atlanta Journal-Constitution. “It was ended by mutual agreement after preliminary discussions.”