For the last three decades, the Miller family owned the Utah Jazz. However, the run has ended as Ryan Smith recently bought a majority stake in the franchise.
The deal went down for over $1.6 billion, according to ESPN’s Adrian Wojnarowski. Smith, who recently sold his company for $8 billion, was a lifelong Jazz fan, and now, it’s owner.
ESPN story on the Millers agreeing to sell the Utah Jazz to Ryan Smith (@RyanQualtrics) for $1.6 billion-plus. https://t.co/XMvaNnQCIB
— Adrian Wojnarowski (@wojespn) October 28, 2020
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Following this change in ownership, Jazz star Rudy Gobert welcomed Smith into the family with open arms. Gobert paid his gratitude to the Millers for running the franchise for over three decades.
“Excited to have @RyanQualtrics part of the family! I know that he is completely dedicated to make this organization the best it can be and to continue the great work he’s been doing for our communities.
“Also Very grateful for the Miller family and the amazing organization that they have built over the years! It’s a new chapter for the Jazz but they will forever be a big part of this team and none of this would be possible without them.”
Also Very grateful for the Miller family and the amazing organization that they have built over the years! It’s a new chapter for the Jazz but they will forever be a big part of this team and none of this would be possible without them.
— Rudy Gobert (@rudygobert27) October 28, 2020
During the stint of the Miller family as owners, the team enjoyed a lot of success, but they could never bag in an NBA Championship, maybe with Smith being at the helm, this will bring a new culture to the franchise.
What’s next for the Utah Jazz?
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Jazz is one of the top team in the stacked Western Conference. They have two terrific players in Donovan Mitchell and Rudy Gobert, who have led them to great regular seasons. But come playoff time, the duo have failed to be a force.
In the 2020 postseason, the Jazz missed out on a chance to advance to the second round of the playoffs. They had a 3-1 lead in the opening round, but the Nuggets sent them home in a thrilling Game 7.
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The franchise will look forward to bringing some silverware in Salt Lake City. However, with the Western Conference competitive being overflown with talented teams, do they have what it takes to win it all?
We will have a clearer picture of the Jazz in the next season. If they fail again, should they blow up the Mitchell-Gobert experiment? What are your thoughts?