SALT LAKE CITY (AP) — The NBA’s Board of Governors has approved the sale of the Utah Jazz to a group led by technology entrepreneur Ryan Smith, ending the Miller family’s 35-year run as owners of the franchise.

The deal includes Vivint Arena, the team’s G League affiliate and management of a Triple-A baseball club.

Part of the sales agreement calls for the team to remain in Utah. Smith is a co-founder of the Utah-based firm Qualtrics, which was sold to SAP for $8 billion in an all-cash deal finalized last year. The Miller family will retain a stake in the franchise.