It has been nearly a month since David McDavid signed a letter of intent to purchase the Hawks, Thrashers and Philips Arena operating rights from AOL Time Warner. And it is expected to be nearly another month before the sale -- estimated at $350 million to $400 million -- is completed. So the Fort Worth-based automobile tycoon wants to make it clear that he is not the owner -- yet.

But, "we will be surprised if it doesn't close," McDavid said Friday afternoon from the spacious glass office in one of his many car dealerships in Texas.

This two-story building stands behind a huge red and white sign that reads "David McDavid Auto Group" and is easy to spot on West Airport Freeway in Irving. McDavid is sitting at as his cherry wood conference table, where an autographed basketball and an autographed Dallas Cowboys helmet serve as the centerpieces. A rubber chicken, seemingly misplaced, is resting near a mound of paperwork.

Since there are "a few points" still to be resolved -- including the approval of both the NBA and the NHL -- McDavid can't outline his plans for a team that technically is still owned by AOL Time Warner. But he was quick to point out what he thinks the Hawks, Thrashers and their fans need.

"They need some love," McDavid said with his Texas twang. "Somebody needs to love those teams. If the owner doesn't love them, why should anybody else? Our vision is to embrace the community. Embrace our fans [and] do the best we can to bring the best people we can find to have a winning team.

"We think that AOL has done the best they can do. But we think because it will be our 'core business,' if you will. We're going to be involved and interested in it," McDavid said, leaning back in a green leather chair. "If we lose, we're going to bleed. And if we win, we're going to be happy. We're going to live and die with those teams."