Bruce Levenson has spent many years running a journal publishing company as well as owning the NBA’s Atlanta Hawks for nearly 12 years. Today he’s mostly retired and spends time with his family, including a recent trip they took down to Antarctica. He sold the Atlanta Hawks back in April of 2015, but there has been some fallout between Levenson’s ownership group, Atlanta Hawks Basketball & Entertainment (AHBE) and their former insurance company AIG. The former General Manager Danny Ferry was seeking an insurance claim covering a work-related incident he had come across and the attorneys of both AHBE and Ferry say he had grounds to make the claim, but AIG is refusing to recognize it and are now dragging the matter out in court.
Levenson is originally from a suburb of Washington D.C. where he has spent much of his time in business and philanthropy. He attended both Washington University and American University where he studied journalism and law. He formerly wrote for the Washington Star before it went out of business, and in 1977 he and his friend Ed Peskowitz co-founded Unified Communications Group (UCG). The company started as a small operation in Levenson’s apartment, but it soon started amassing many journals and before long it became a major industry media outlet. Levenson formed AHBE in 2004 and purchased the majority of the Atlanta Hawks’ shares that year.
Levenson has also given a lot back to the Washington D.C. community, reveals PR News including his work with inner city youth at Hoop Dreams and the “I Have a Dream” Foundation. He also has donated to the Holocaust Memorial Museum and helped them launch the “Bringing the Lessons Home” program. Levenson and his wife Karen also helped start the University of Maryland’s Center for Philanthropy and Non-Profit Leadership to encourage future businessmen to give back to their communities.