The DeVos family, which owns the Orlando Magic, has no plans or desire to sell the franchise, the team's chairman, Dan DeVos, told the Orlando Sentinel on Sunday. "As a family, the topic of selling the team has not come up," DeVos wrote in an e-mail message. "In fact, we are enjoying the team more than ever. Especially my father. We are very excited about our focus on winning a NBA championship. The family is fully engaged and active with the team. All four generations. "The Magic are not for sale." DeVos, a son of the Magic's 88-year-old senior chairman, Rich DeVos, made his comments in response to a question from the Sentinel about his family's plans. Over the last year, rumors have abounded that the franchise might be for sale. Those rumors were referenced in a Comcast SportsNet New England article over the weekend; in that piece, an anonymous league source said the Magic were one of two teams "that might be made available in the near future." Last year, a percentage of the franchise was redistributed evenly to Rich and Helen DeVos' four children. The restructuring was approved by the NBA's Board of Governors. The restructuring was done as an estate planning move, Dan DeVos told the Sentinel last year. He added then that the restructuring was a sign that his family has no plans to sell the franchise. "There's no desire to sell," he said last July. "In fact, as time goes on, there's more engagement by the family at all levels. The second generation, for sure. The third generation is very excited about it. So it's not a point that's being discussed."
Orlando Magic chairman Dan DeVos says the franchise is not for sale
Orlando Sentinel | Apr 7