SUNDAY, 4:03pm: The Magic aren’t for sale, chairman Dan DeVos tells Josh Robbins of Orlando Sentinel.
“As a family, the topic of selling the team has not come up,” DeVos wrote in an e-mail. “In fact, we are enjoying the team more than ever. Especially my father. We are very excited about our focus on winning a NBA championship. The family is fully engaged and active with the team. All four generations. The Magic are not for sale.”
SATURDAY, 8:43am: A league source tells A. Sherrod Blakely of CSNNE.com that in addition to the Bucks, the Orlando Magic might become available for purchase in the near future. Blakely is referring to a majority ownership sale potential, as he doesn’t mention the Hawks, who have already made a minority share in team ownership available. Rich DeVos is the Magic’s principal owner, who has previously stated he intended for his children to manage the team after him.
Aside from the affects an ownership change could mean for the team itself, another majority ownership changing hands in the league also raises the possibility of a relocation. Chris Hansen’s ownership group lost out in the sale of the Kings last year, nearly succeeding in purchasing the team and moving it to Seattle. The Bucks haven’t officially opened up bidding for a majority ownership purchase, and current owner Herb Kohl has repeatedly made it clear that he will do everything in his power to leave the Bucks in the hands of an ownership group that won’t move the team from Milwaukee. Hansen said on Thursday that his investor group is still on the prowl, and in even better shape to win league approval to bring the next available team to Seattle to replace the void left from the sale of the Supersonics, who were bought and moved to Oklahoma City, becoming the Thunder.
Blakely details that former NBA player Leon Powe is putting together an ownership group to be active in a future team sale. Other names rumored to be interested in ownership include Arn Tellem and David Kahn, although they have exclusively been linked to the Bucks.