AP source: Hawks reach buyout agreement with GM Danny Ferry (Yahoo Sports)

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A person with knowledge of the deal tells The Associated Press the Atlanta Hawks have agreed to a buyout of the final two years of general manager Danny Ferry's contract. The person says the buyout will be paid by the current ownership group, which has reached a deal to sell the team for $850 million to a group led by billionaire businessman Antony Ressler. The Hawks won a franchise-record 60 games and lost to Cleveland in the Eastern Conference final.




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