Nugget Sale Talks in Progress--$65 Million?
The Denver Post reported that the Denver Nuggets have been sold to a group of Chicago investors for $65 million, but team owner Sidney Shlenker said negotiations are still in progress and no deal had yet been made.
“I’m still the owner so far,” Shlenker said. “We are in conversation. I expect for something to be announced in the next few days. It’s a little premature.”
Shlenker, who is shifting his business operations top Memphis, didn’t identify the investors but said the Nuggets would remain in Denver.
Get our high school sports newsletter
Prep Rally is devoted to the SoCal high school sports experience, bringing you scores, stories and a behind-the-scenes look at what makes prep sports so popular.
You may occasionally receive promotional content from the Los Angeles Times.
