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Jazz owner Gail Miller agrees to sell majority stake in team - Sportsnet.ca

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Utah Jazz owner Gail Miller has agreed to sell a majority stake in the team, as well as other sports and entertainment properties, to Ryan Smith, co-founder of Utah-based software firm Qualtrics.

The deal includes the Jazz, Vivint Arena, the G League’s Salt Lake City Stars and management of the triple-A baseball affiliate Salt Lake Bees. The sale is subject to approval by the NBA Board of Governors and is expected to take place by the end of the year.

“We have also appreciated our relationships within the NBA and especially our friendships with both Commissioner Stern and Commissioner Silver. Our passionate fans and their unrelenting commitment to the Jazz have been the energy that has propelled us forward, and I sincerely thank them.”

 

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