Ownership of Jazz Transferred to Legacy Trust to Keep Team in Utah

Since Larry Miller died back in 2009, there have been some around the league that thought the Jazz might eventually be sold out of the family, most likely to an owner looking to move them out of Utah. The Miller family has denied that vehemently, and there has been not even a step that direction, but it's easier to kill Freddy Krueger than an NBA rumor.

Monday, the Miller family killed that rumor for good, taking an unprecedented step that will keep the Jazz in Utah for a long, long, time.

Gail Miller has transferred ownership of the Utah Jazz and Vivint Smart Home Arena into a Legacy Trust that will keep the Jazz in Utah for what she said would be "generations."

"As a family, we have always considered the Utah Jazz a community asset and it has been our privilege to serve as stewards of this team for more than 30 years," Miller said. "There have been many opportunities to sell and move the franchise, but from the day Larry and I purchased the Jazz our goal was to keep the team in Utah. The Legacy Trust will help to ensure this commitment is kept for generations to come."

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