Bucksketball Podcast

Category: Ownership

If no arena is built, NBA has buyback option on Bucks, according to report

If no arena is built, NBA has buyback option on Bucks, according to report

| April 22, 2014 | 3 Replies

Share According to a report by ESPN, the NBA has a buyback provision written into the sale contract of the Milwaukee Bucks that will allow the NBA to buy back the team if an arena deal is not reached by November 2017. Last week, Wesley Edens and Marc Lasry reached an agreement to acquire the team [...]

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Wesley Edens and Marc Lasry purchase Bucks, donate to new arena

Wesley Edens and Marc Lasry purchase Bucks, donate to new arena

| April 16, 2014 | 3 Replies

Share“Well I wasn’t going to live forever. I’ve approached a time in my life when I have had to think about to think about, ‘How do we approach the idea of succession?” And then, that was brought to a head by the need for a new building and the fact that that’s a project over [...]

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Stein: Wesley Edens & Marc Lasry will purchase Milwaukee Bucks for $550 milllion

Stein: Wesley Edens & Marc Lasry will purchase Milwaukee Bucks for $550 milllion

| April 16, 2014 | 12 Replies

ShareAccording to ESPN’s Marc Stein, Milwaukee Bucks owner Herb Kohl will announce today that the team has been sold to billionaires Wesley Edens and Marc Lasry. ESPN has learned Bucks owner Herb Kohl will announce sale of the team later today to Wesley Edens & Marc Lasry for price of $550 milllion — Marc Stein [...]

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Report: Junior Bridgeman approached in search for investors for new Bucks ownership group

Report: Junior Bridgeman approached in search for investors for new Bucks ownership group

| February 25, 2014 | 3 Replies

ShareAccording to a report in the Milwaukee Journal Sentinel by Don Walker, former Buck Junior Bridgeman has been approached as a potential investor in the the team. A source with knowledge of Herb Kohl’s efforts to bring in new investors to the Milwaukee Bucks as a way of keeping the team in Milwaukee, said Bridgeman, one of [...]

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Will Herb Kohl find who he is looking for in Wisconsin’s private sector?

Will Herb Kohl find who he is looking for in Wisconsin’s private sector?

| December 18, 2013 | 9 Replies

ShareIt sounds like Herb Kohl is looking for Herb Kohl. “Just when it seemed the political community would be unable to quickly reach a consensus on how to save the Bucks, much less build them a new and larger facility in which to play, business people in the private sector stepped in and literally saved [...]

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Herb Kohl looking to ‘broaden ownership’ of the Milwaukee Bucks

Herb Kohl looking to ‘broaden ownership’ of the Milwaukee Bucks

| December 16, 2013 | 5 Replies

ShareMilwaukee Bucks owner Herb Kohl announced today that he’s considering “broadening the ownership of the Bucks as a way to strengthen the franchise and keep it in Milwaukee.” We’ve grabbed a relevant section, but you can Kohl’s entire press release posted by our friends over at Urban Milwaukee. When I bought the Milwaukee Bucks back [...]

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John Hammond’s difficult reality

John Hammond’s difficult reality

| January 28, 2013 | 19 Replies

ShareIt’s not like John Hammond doesn’t get it. In light of last week’s news that Hammond received a three-year extension, that’s something Milwaukee Bucks fans can take solace in. He genuinely seems to understand what it’s going to take for a team like the Bucks to have prolonged dominance. “Oklahoma City was built with the [...]

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Milwaukee Bucks and John Hammond working on contract extension

Milwaukee Bucks and John Hammond working on contract extension

| January 8, 2013 | 13 Replies

ShareAccording to multiple reports, the Milwaukee Bucks and General Manager John Hammond are working on a contract extension. Hammond met with the media Tuesday morning to discuss the mutually agreed upon departure of Head Coach Scott Skiles. Hammond was hired in April of 2008 shortly after the Bucks fired General Manager Larry Harris in the [...]

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Heisley on his interest in the Bucks: “It’s a false rumor”

Heisley on his interest in the Bucks: “It’s a false rumor”

| December 21, 2012 | 7 Replies

ShareMichael Heisley denies he’s interested in purchasing the Milwaukee Bucks, according to Ronald Tillery from the Memphis Commercial Appeal: Former Grizzlies owner Michael Heisley said he isn’t trying to buy the Milwaukee Bucks amid constant speculation to the contrary. “It’s a false rumor,” Heisley said. The rumors of the 74-year-old Heisley purchasing the Bucks began [...]

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