Does the league need to step in and bail out the Hawks?
I have given up wondering what ever became of the luxury tax, and whether or not it is or isn't distributed. Until such time as official announcements are made, its pointless speculating.
Likewise I don't really care if the Hawks owner is Larry's Mate, BFF, or whatever.
It has been clear from the start that they tried to build a team by trawling through the world's bargain bins.
It's now clear that it hasn't worked.
Unless the plan is to fold the Hawks, the league needs to act.