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Partners to buy out Belkin this year

Updated: August 19, 2005, 9:26 PM ET
ESPN.com news services

ATLANTA -- The Atlanta Hawks have a new point guard in Joe Johnson, and are losing Steve Belkin as co-owner -- just as the team's general manager and other owners wanted.

"This is a great day," said co-owner Michael Gearon Jr., who will succeed Belkin as the team's NBA Governor.

There was a party atmosphere at Friday's news conference on the Philips Arena floor, as Atlanta Spirit LLC employees applauded the team's new player and the winners of a power struggle for control of the team.

Johnson, ...

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