Group: Hawks will not be sold soon

Updated: June 23, 2011, 11:14 PM ET
Associated Press

ATLANTA -- The ownership group of the Atlanta Hawks says the team will not soon be sold. reported Thursday that a sale is about to be consummated.

The Atlanta Spirit issued a statement saying "we have spoken with a number of parties, but at this time, there is no deal in place, nor is there an exclusive negotiating agreement in place."

Hawks spokesman Arthur Triche said Thursday the team had no further comment.

The report says one of its "sources confirmed that the sale is about to be consummated, but declined to identify the buyer."

Last month, the Atlanta Spirit sold the Atlanta Thrashers to an ownership group that moved the NHL franchise to Winnipeg.

The Atlanta Spirit has sought investors for the Hawks and Philips Arena for several years.

Copyright 2011 by The Associated Press