When word of the Utah Jazz making a “major announcement” on Monday hit social media, speculation on just what it would be ran wild in short order. The biggest rumors making rounds on Twitter and Facebook were the possibility that the Miller Family was selling a stake in the team or that the Jazz were moving to Las Vegas.
Rest assured, all is well in Jazz Nation. In fact, the team’s future in Utah is likely more secure than ever.
Led by Gail Miller, the Utah Jazz announced today that ownership of the team is set to become a trust.