The hawk head silhouette inside a circle remained as the team's logo, albeit simplified. Here's a statement from NBA commissioner Adam Silver.. Starting in 1972, the Hawks wore red and white uniforms with yellow accents, and added black as an accent color in 1992. Dyal HomeCourt NBA Fund Discloses $200 Million in Assets, Dyal Said to Have Term Sheets Ready to Invest in Six NBA Teams, Hawks' Leadership Creates Value as Protests Engulf Sports World. Tony Ressler (Atlanta Hawks) Tony Ressler is the Principal Owner and Chair of the Atlanta Hawks, which he and his group acquired in June of 2015. . One of the RCIEs primary goals is assisting those entrepreneurs in forming relationships that can help them succeed. Great news for Snyder and the Hawks too. However, the team fell short again in the playoffs, losing to the fifth-seeded Indiana Pacers in the Eastern semis in six games. Atlanta Hawks owner Tony Ressler believes his team has underachieved this season, which is why he decided to overhaul the front office and signed off on the new group's plan to replace head . The $35. Hawks ownership has shown they are willing to make the big move via trade or free agency no matter the risk it involves. The Hawks were swept by the Cleveland Cavaliers 40 in the Conference Semifinals. Also, in a league-wide effort to further the economic empowerment of the Black community, the Hawks Foundation also pledged $10 million over 10 years to the NBA Foundation (Ressler sits on the Board of Directors), which was launched in August and involves working with all 30 teams, the Players Association and both local and national charity organizations. On May 1, 2014, the Hawks unveiled a new secondary logo, which is a modernized version of the 197295 "Pac-Man" logo. [9] In 1949, they joined the NBA as part of the merger between the NBL and the Basketball Association of America (BAA), and briefly had Red Auerbach as coach. [69] It was speculated that the Hawks general manager, Travis Schlenk, was following the same plan for a rebuild that he had success with in Golden State. By the end of the off-season, every player involved in the Johnson and Williams trades just a year earlier were either waived or not brought back.