Utah
Miller family sells portion of remaining minority share in the Utah Jazz
By 
Writer
Salt Lake City, Utah — The Miller family announced it is selling a portion of its minority ownership of the Utah Jazz.
After owning the NBA franchise for 35 years, in 2020, the family sold 80 percent of the Jazz to a group led by Ryan Smith.
“We have treasured our stewardship of the franchise and remain strong supporters of the team and its place in our community. In addition to our business enterprises and philanthropic endeavors, we are proud to continue our ownership of the Salt Lake Bees, the Triple-A affiliate of the Los Angeles Angels,” the family said in a statement.
This comes just days after Smith Entertainment Group announced that Arctos Sports Partners had purchased a minority share of the team, with the plan of bringing a third major league sports team to the state, joining the Jazz and Real Salt Lake.
-
Local News2 weeks ago
Caution is advised for drivers on the mountain routes in northern Utah
-
Local News2 weeks ago‘Hope dealer’ remains at the forefront of efforts to provide meals for the homeless in Salt Lake City
-
Local News2 weeks ago
Utah National Guard gets new, top-of-the-line Apache helicopters
-
Local News2 weeks ago
Authorities intensify efforts on snow traction in Cottonwood Canyons
-
Local News2 weeks agoSalt Lake County Animal Services offers a unique Thanksgiving celebration for cats and dogs
-
Local News1 week agoUtah business emphasizes the importance of safety when decorating trees for the holiday season
-
Local News6 days agoKilby Block Party announces diverse lineup for 2025 music festival
-
Local News7 days agoAuthorities in Utah advise vigilance in advance of Avalanche Awareness Week
Leave a Reply