According to Wikipedia.org, Bruce Levenson is most-known for his time as owner of the NBA’s Atlanta Hawks, the franchise he owned from 2004 to early 2015. Levenson sold the Hawks for quite a price, potentially even overselling them by millions. But he also hasn’t quite ended his chapter in Atlanta, he’s now filing a lawsuit along with Atlanta Hawks Basketball & Entertainment (AHBE) against their former insurance company for not honoring a claim filed for paying out former General Manager Danny Ferry’s contract. This court battle could prove to be long Time and contentious, with AHBE looking to prove that the claim they filed was well within their policy rights.
Bruce Levenson’s career (http://brucelevenson.com/) began long before he purchased the Atlanta Hawks when he founded his major media corporation, United Communications Group (UCG). Levenson had previously gotten his bachelor’s degree in journalism, and was attending law school when he started working at the Washington Star. He soon decided to start his own news publication, and began with Oil Express in 1977. He and his friend, Ed Peskowitz started building their operations, and soon they had acquired even more newsletters. UCG became a large source for journals covering various industries such as banking, healthcare, energy and education. They also founded GasBuddy, an app that helps drivers find lower gas prices in their area.
Levenson has also started up non-profit organizations and given back to his communities. He has contributed to and gotten actively involved with the Holocaust Memorial Museum, an endeavor that’s important to him because of his Jewish background and because his mother-in-law is a survivor of the event. He’s helped start the “Bringing the Lessons Home” program for young people to learn more about the event and teach others. Levenson also helped start the University of Maryland’s Center for Philanthropy and Non-Profit Leadership to encourage more giving among young entrepreneurs.