Bruce Levenson was a controlling partner of the Atlanta Hawks Basketball and Entertainment ownership group. He recently sold the group for a profit that has been considered as the greatest monetary return in the history of sports. According to Forbes.com, the Antony Ressler-led group was the winning bidder on the auction for the group. Mr. Ressler won the auction with a whopping $730 million dollar bid. The profit is largely because of a new rights deal with the NBA with Walk Disney and also Time Warner. Specifically, a nine year deal starting with the 2016 to 2017 season. This is important, as the league’s teams will be paid approximately $2.6 billion annually which is an extremely large figure by comparison to the $879 million that is spread out over an eight year term.
Mr. Levenson is also one of the founding members of the Board of Directors of TechTarget where he served as the director until 2012. He also has experience as the adviser for a private equity firm, BIA Digital Partners. Mr. Levenson has extensive experience serving as a director for many companies including being on the Board of Directors of the Newsletter and Electronic Publishers Association where he was added to the Hall of Fame for Software and Information Industry Association in 1997.
Bruce Levenson is known for his philanthropic work with organizations like Community Foundation of Washington, D.C. as well as for the Hoop Dreams Foundation for assisting low income youth to achieve higher education. He often makes donations to the Holocaust Museum as he was born into a Jewish family where his Mother-in-law is a survivor of the Holocaust itself. Mr. Levenson also makes funding available to the Museum’s Bringing the Lessons Home curriculum to instruct inner city children on the lessons of the Holocaust.