Who is one of the youngest NBA team owner ? How did he get the money to purchase the team?
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- Опубліковано 8 лют 2025
- Ryan Smith is a well-known American businessman, best recognized as the co-founder and CEO of Qualtrics, a customer experience management company. In October 2020, Ryan Smith gained significant attention in the sports world when he purchased the Utah Jazz, an NBA team
The process of purchasing the Utah Jazz involved Ryan Smith acquiring a majority interest in the team from the previous owner, Gail Miller and her family. The Miller family had owned the team for 35 years before deciding to sell it. The deal was reportedly valued at around $1.66 billion. Smith, a lifelong Utah Jazz fan, expressed his commitment to keeping the team in Utah and building on the legacy established by the Millers. The purchase was approved by the NBA Board of Governors, allowing Smith to officially become the team's new owner.
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