From FoxBusiness.com…..
Technology entrepreneur Ryan Smith is buying the majority interest of the Utah Jazz, and once it’s approved by the league, it will end the 35-year run of the Miller family as owners of the NBA franchise.
The Jazz announced on Wednesday that “definitive agreements” are in place with Smith on the sale of the team, as well as the home of the Jazz — Vivint Smart Home Arena. Smith will also own the team’s G League affiliate, and management of a Triple-A baseball club. Part of those agreements call for the Jazz to remain in Utah.
