Hawks part-owner donates $5 million to Wake Forest basketball facility


Hawks part-owner Mit Shah has donated $5 million in support of the Wake Forest basketball player development facility currently under construction at the university.

Work began in November for the Shah Basketball Complex which will be connected to the Sutton Sports Performance Center and the Miller Center and is scheduled for completion in the summer of 2018.

The $12 million project includes the construction of the state-of-the art $9 million Shah Basketball Complex, as well as a $3 million investment on the third floor of the Sutton Sports Performance Center. More than 40,000 square feet will be dedicated solely to Wake Forest basketball.

“The Shah Basketball Complex creates an incredible advantage for our program,” said men’s basketball head coach and former Hawks player Danny Manning in a statement. “Thanks to Mit’s continued leadership and generosity, we’re going from one of the oldest and least efficient facilities in the ACC to one of the very best in the country. As we continue to build the foundation for our program to compete for championships, the Shah Basketball Complex will serve as our hub for skill development, strength training and nutrition and enhance our ability to recruit the very best student-athletes where we can help them to be stronger, faster, more knowledgeable, more capable, and thus extraordinarily successful on and off the court.”

Shah previously donated $2.5 million to the university for investments in academic resources, university facilities and student financial aid.

Shah is the CEO of Noble Investment Group and part owner Hawks with the group led by principal owner Tony Ressler. He is a 1991 graduate of Wake Forest, where he competed as a walk-on on the men’s tennis team. He is currently a member of the school’s Board of Trustees.

“Wake Forest is a community where our professors and coaches create a deeply personal, profound and lifelong impact on our students and student-athletes,” Shah said in a statement. “Our responsibility remains to these young men and women who eagerly arrive on our campus, who are then embraced and mentored by our caring community and whose personal and professional development takes place in our best-in-class facilities.”

Shah will be honored during the first half of Saturday’s men’s basketball game against Duke.

Construction is currently on-going on a new practice facility for the Hawks in partnership with Emory Healthcare. It is scheduled to open in October of 2018.



Reader Comments ...


Next Up in Atlanta Hawks

Knicks to interview Hawks coach Budenholzer for their vacancy
Knicks to interview Hawks coach Budenholzer for their vacancy

The Knicks will interview Hawks coach Mike Budenholzer for their vacant head coach position this weekend, according to a person with knowledge of New York’s plans. Budenholzer talked to the Suns this week about their open head coach position before deciding to withdraw from consideration Thursday.  Budenholzer declined to comment Friday...
Hawks player season review: Dennis Schroder
Hawks player season review: Dennis Schroder
Over the next several days I’ll review each Hawks player that was on the roster at the end of the season, in descending order of minutes played.  Dennis Schroder was the lead player for the Hawks for the first time since the team drafted him in 2013. Schroder played 2,078 minutes in 67 games, and his 30.4 usage rate tied for sixth-highest...
Hawks coach Budenholzer no longer seeking Suns job
Hawks coach Budenholzer no longer seeking Suns job

Hawks coach Mike Budenholzer withdrew from consideration for the Suns’ head coaching vacancy, a person familiar with the situation confirmed Thursday night.  Budenholzer interviewed with Suns officials this week after the Hawks gave him permission to do so. He’s under contract with the Hawks for two more seasons after coaching them...
Hawks player season review: Taurean Prince
Hawks player season review: Taurean Prince
The departures of Thabo Sefolosha and Tim Hardaway from last season’s Hawks team opened a major role on the wing for Taurean Prince. Prince proved to be durable in his second pro season with 82 starts and 2,464 minutes played. Only seven other NBA players started every game this season.  Prince emerged as a legitimate high-volume 3-point...
Three reasons Suns job could be more desirable for Hawks coach Budenholzer 
Three reasons Suns job could be more desirable for Hawks coach Budenholzer 
At first glance, Hawks coach Mike Budenholzer’s interest in the Suns job doesn’t make much sense besides the franchise being located three hours from his hometown.  Budenholzer doesn’t want to be part of a long-term rebuild with the Hawks, but why would he exchange one tanking team for another? After surviving the dysfunction...
More Stories