enchilada_style
Well-Known Member
Okay the Jazz are staying. What exactly is a legacy trust?
Utah Jazz Ownership Restructured and Placed in Family Trust
- Thread starter MDAV28
- Start date
Magic Spray
Well-Known Member
Gail (cont)
With approval of the NBA. This ensures that the Jazz will stay in Utah. We are doing things the right way to bring a chip to Utah.
With approval of the NBA. This ensures that the Jazz will stay in Utah. We are doing things the right way to bring a chip to Utah.
Last edited:
It's going to be very difficult to sell in the future.
enchilada_style
Well-Known Member
Hey Gail how about a smile so you don't freak us out like that again.
Utah Jazz Newsfeed
Active Member
Salt Lake Tribune - Utah Jazz ownership to be restructured, placed in a family trust
The Utah Jazz are holding a 1:30 p.m. press conference on Monday to announce that the team is reorganzing its ownership.The Jazz, a subsidiary of the Larry H. Miller Group of Companies, will be split off from the parent company and placed in what The Salt Lake Tribune has learned will be a family-administered trust.This story will be updated as details become available.
https://www.sltrib.com/sports/4853754-155/utah-jazz-ownership-to-be-restructured
The Utah Jazz are holding a 1:30 p.m. press conference on Monday to announce that the team is reorganzing its ownership.The Jazz, a subsidiary of the Larry H. Miller Group of Companies, will be split off from the parent company and placed in what The Salt Lake Tribune has learned will be a family-administered trust.This story will be updated as details become available.
https://www.sltrib.com/sports/4853754-155/utah-jazz-ownership-to-be-restructured
Magic Spray
Well-Known Member
Gail (cont.)
This symbolizes our love for the greatest community in the world. This represents passing the ball to future generations of famliiy, friends, and community--many of whom we will never meet. Larry wanted to be remembered as a man that loved Utah, and hopefully that is how the entire family will be viewed.
This symbolizes our love for the greatest community in the world. This represents passing the ball to future generations of famliiy, friends, and community--many of whom we will never meet. Larry wanted to be remembered as a man that loved Utah, and hopefully that is how the entire family will be viewed.
The Utah Jazz and the Larry H. Miller Group announced today that the arena and the Jazz have been transferred into a family legacy trust and reiterated the team's commitment to staying in Utah! The focus is to "use the resource to attract the top talent ... and remains in, and benefits, Utah."
enchilada_style
Well-Known Member
Well thats great.