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Gail Miller and family reportedly selling Utah Jazz to Qualtrics founder Ryan Smith for $1.66B

After over three decades of ownership, Gail Miller and the Miller family are selling a majority interest in the Utah Jazz to Ryan Smith, the founder of Utah-based cloud computing company Qualtrics.

Miller, who has been the full owner of the Jazz since her billionaire businessman husband Larry H. Miller died in 2009, released a statement through NBA.com about the family’s decision to sell the team.

“I have known Ryan for several years and admire the values by which he and his wife Ashley live their lives. They have such love for and a connection to Utah and this team.