Sport
NBA approves Ryan Smith as new owner of Utah Jazz – ESPN Australia
New Jazz owner Ryan Smith, who has the unique opportunity of buying his favorite NBA team at age 42, says he is going to “be on a learning curve” but definitely…
Months before he agreed to purchase the Utah Jazz for $1.66 billion, Ryan Smith, who was formally approved as owner by the NBA’s board of governors Friday, said he was “really close” to making a bid to buy the Minnesota Timberwolves.
Smith, who made his fortune as the co-founder of the Utah-based tech firm Qualtrics, had several detailed discussions with Timberwolves owner Glen Taylor last winter. Smith was seriously considering taking the next step until his wife, Ashley, voiced her objection.
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