Businessman Alex Meruelo to purchase Hawks

Per ESPN…

An emotional Alex Meruelo had to fight back tears as he talked about what it to means to be the NBA’s first Hispanic team owner.

His voice cracked as he talked about having dreamed of this day.

“I think we all do as boys — that I would one day play in the NBA,” said Meruelo, a California developer and pizza chain owner.

Meruelo, the son of Cuban immigrants, vowed to do everything he can to bring a championship to Atlanta if his deal to become the majority owner of the Hawks is approved by the NBA.

He became emotional again when he slipped on a red Hawks cap.

“I wasn’t quite fast enough, tall enough or quick enough, so those dreams didn’t quite get me that far,” he said. “But those dreams brought me the burning desire to be involved in the NBA. It’s something I’ve always wanted my entire life to somehow be a part of the NBA.”

Meruelo, 48, will have controlling interest of more than 50 percent of the Hawks, who will remain in Atlanta. The deal also includes operating rights to Philips Arena.

This is likely very good news for Hawks fans as they finally have an owner who seems committed to winning. The Hawks have been for sale for a while and the unstable management has resulted in a lack of direction (though the team did re-sign Joe Johnson to a monster extension last summer).

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