The person who had a law degree and started a business before selling it to Ted Turner was Daniel Donahue (Born in Lowell, Massachusetts)
In 1976, Donahue sold the franchise to millionaire tycoon Ted Turner. Daniel J. Donahue (April 23, 1923  March 20, 2015) was an American businessman who was the owner and president of the Atlanta Braves Major League Baseball club from 1973 until 1975. 
