On October 29, Beijing time, according to US media reports, Miller, the boss of Utah Jazz, has agreed to sell the team at a price of 1.66 billion dollars.
The new boss of jazz was Ryan Smith, who once owned a software company and then sold it at 8 billion dollars. Smith is a native Utah, a jazz fan, and maintains a long-term cooperative relationship with the Miller family.
NBA’s board of directors must formally approve the sale.
The Miller family has owned jazz for 35 years and has achieved great success. During this period, the Jazz played a 50-win season for 16 times and became the Western champion twice. Since the 1989-90 season, only the Spurs have won higher than the Jazz.