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Miller family sells some of its remaining shares in the Utah Jazz

After hanging on to a 20% stake in the team following its October 2020 sale to Ryan Smith, the longtime owners of the team now part with more, in a deal a source says is tied to the new Arctos partnership.

(Photo courtesy Utah Jazz/Melissa Majchrzak) Gail Miller, owner and chair of the Larry H. Miller Group of Companies and the Utah Jazz speaks at a news conference where she announced agreements to sell a majority interest in the Utah Jazz and other sports to Ryan Smith at vivint.SmartHome Arena on October 28, 2020 in Salt Lake City, Utah.