Bruce Levenson is probably most known on ESPN for owning the NBA’s Atlanta Hawks and he recently sold the team to Tony Ressler’s group for more than what most experts thought the team was worth. Also not long after the sale the team’s former General Manager Danny Ferry filed a claim with AIG insurance about a workplace tort he claimed to have experienced. The situation has turned into a fairly large legal battle between Levenson and the other former Atlanta Hawks‘ owners against AIG as they are filing a lawsuit for bad faith and failure to honor the insurance policy. Levenson has a lot on his resume to point to both as an NBA owner and a very successful businessman in the journalism industry.
He started out as a contributor to the Washington Star newspaper, but in 1977 he and his friend Ed Peskowitz decided to start their own publishing business right in their own home. That business became Unified Communications Group (UCG), a world-renowned conglomerate of industry journals. Levenson also helped start a marketing research company called TechTarget that spun out of UCG and became publicly traded. UCG is also the parent company to the GasBuddy app.
Levenson has been heavily involved in philanthropy in the Washington D.C. community being president of the “I Have A Dream” Foundation and also a chair member of Hoop Dreams and the Concert Against Hate, reports PR News. He also is heavily invested in the Holocaust Memorial Museum because the horrific event hits close to home in his mother-in-laws story of surviving it. He helped start the “Bringing the Lessons Home” program to help young people learn about the event and become museum tour guides. Levenson also supports BBYO and Seeds of Peace.