Current co-owner of the NBA’s Atlanta Hawks and American businessman Bruce Levenson is one of the big names in the basketball world. In addition to being a half owner of the Atlanta Hawks team, he is also the current Hawks governor as of 2004 for the NBA Board of Governors.
Levenson attended both Washington University and American University in his home town of Washington D.C., and even earned his law degree while starting his career in journalism for the Washington Star. In 1977, the Atlanta Hawks LLC partner and managing director co-founded a company right from his own apartment which published his very own paper, the Oil Express. The company that was built from the ground up is called the United Communications Group which Levenson put together with a man named Ed Peskowitz. This paper that he created had a main focus on concentrating on oil technology and current developments of it in the overall oil industry. The company specialized in news and analytic information for healthcare issues, mortgage banking, technology, energy, data, and another huge variety of topics that were related to both the business and financial world. Now, the duo’s company, United Communications Group, or also known as UCG has changed for the better with the current times as well. For example, the website and phone app “GasBuddy” which directs drivers to the nearest fuel station with the cheapest rates, is owned by Levenson’s UCG business.
It wasn’t until 2004 that Levenson decided to buy the Atlanta Hawks with his business partner, Ed Peskowitz, as they are now the majority partners of the Atlanta Hawks LLC. In 2012, Levenson went ahead and hired a man named Danny Ferry to be the general manager and the president of basketball operations for the Atlanta Hawks. Before going to the Hawks, Ferry was a player for the Cleveland Cavaliers and also got experience managing them during that time after his playing years.
A really nice gesture done by Levenson recently was that he took the entire Hawks basketball team to the U.S. Holocaust Museum in 2014. It was a very good bonding experience for them all, and it was especially personal to Levenson as his mother in law is a survivor of one of those terrible camps. Also in 2014, Levenson expressed and interest in selling his share of the ownership group which the details are still being worked out now.