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. . Tech billionaire Mike Cannon-Brookes becomes the first Australian to own an NBA team and take a minority stake in Utah Jazz.
. . Atlassians Mike Cannon-Brookes has bought a minority stake in Utah Jazz alongside Qualtrics. Ryan Smith and Accels Ryan Sweeney.
The announcement of the sale, from the Miller family to local tech entrepreneur Ryan Smith, came as a shock to most, after 35 years of family leading the team
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The Miller family, who have owned the Utah Jazz franchise of the NBA since 1985, have reached a deal to sell the team to Qualtrics founder Ryan Smith, the team announced Wednesday morning.
The Jazz are the first NBA team sold since the coronavirus pandemic, and the price reflects the league's strong growth prospects
After 35 years, Gail Miller and her family sell Utah Jazz to cloud computing billionaire Ryan Smith
The Jazz announced that Miller "will make a virtual and special announcement today from Vivint Arena in Salt Lake City, Utah" at 10 a.m. but later confirmed the news in a press release.
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