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Atlanta Hawks ownership situation to be settled June 24, according to report

The sale of the Atlanta Hawks is scheduled to be completed on June 24 according to a report by the Atlanta Journal-Constitution.

The Atlanta Hawks will have new ownership in place in time for the NBA Draft according to a report by the Atlanta Journal-Constitution. According to the report, the sale process is slated to be completed on June 24 with an approval vote of the NBA's Board of Governors.

Tony Ressler's group won the bid for the franchise with the price topping out at around $730 million. The group includes former NBA player Grant Hill as well as Spanx founder Sara Blakely and Marquis Jet co-founder Jesse Itzler.