Bucksketball Podcast

Tag: Herb Kohl

What is a “jock tax” and is it a fair means to a new arena in Milwaukee?

What is a “jock tax” and is it a fair means to a new arena in Milwaukee?

| July 11, 2014 | 4 Replies

Share Preston Schmitt has been doing some killer research around the idea of a new arena in Milwaukee. He’s put together an extensive glossary to help you understand the situation and parties involved. It’s necessary reading. Today, he digs further into the idea of a “jock tax”, just what that entails and how it can [...]

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A glossary for the great Milwaukee Arena debate

A glossary for the great Milwaukee Arena debate

| June 12, 2014 | 6 Replies

SharePolitical reporting is a very different reporting scene than sports reporting. Sub the word “blogging” in for “reporting” and the statement is still true. There are about the same number of names to remember, but often political reading feels like the eating of vegetables to the eating of dessert that sports reading is. There are [...]

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Neither Marc Lasry nor Wesley Edens will be the president of the Bucks

Neither Marc Lasry nor Wesley Edens will be the president of the Bucks

| June 2, 2014 | 3 Replies

ShareAs part of their public relations blitz on Milwaukee last Friday, Marc Lasry and Wesley Edens joined the Homer & Gabe show on ESPN Milwaukee 540 AM. It was the most revealing interview of the day for the new owners, as they were pressed with a number of interesting questions and occasionally re-asked a question or [...]

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NBA Board of Governors approves sale of Bucks

NBA Board of Governors approves sale of Bucks

| May 15, 2014 | 1 Reply

ShareThe NBA’s Board of Governors unanimously voted to approve the sale of the Milwaukee Bucks to Marc Lasry and Wesley Edens. In April, Lasry, Edens and former owner Herb Kohl came to a tentative agreement to transfer the team for a price of $550 million. The sale of the team sets up the end of [...]

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Sale of Bucks to get NBA approval tomorrow, according to report

Sale of Bucks to get NBA approval tomorrow, according to report

| May 14, 2014 | Reply

Share According to an ESPN report by Brian Windhorst, the sale of the Bucks to Marc Lasry and Wesley Edens is expected to become get approved by the NBA Board of Governors tomorrow. The $550 million sale of the Milwaukee Bucks to hedge fund billionaires Wesley Edens and Marc Lasry is expected to be finalized [...]

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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 | 4 Replies

ShareAccording 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 from [...]

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Here’s to you, 2013-14 Milwaukee Bucks

Here’s to you, 2013-14 Milwaukee Bucks

| April 16, 2014 | 9 Replies

ShareThe season from hell. Where everything went wrong. Where everyone got hurt. Where the coach could never install what he wanted to do. Where players fought with each other. Where a centerpiece was nearly arrested and definitely suspended. Where the team lost more games than it ever had before. I thought for certain I would [...]

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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 | 6 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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Billionaires Marc Lasry and Wesley Edens were close to buying Bucks, according to report

Billionaires Marc Lasry and Wesley Edens were close to buying Bucks, according to report

| April 11, 2014 | 3 Replies

ShareAccording Bill Simmons of Grantland, Herb Kohl nearly agreed to sell the team to Marc Lasry and Wesley Edens. As I tweeted last weekend, the Seattle guys (Steve Ballmer and Chris Hansen) aren’t getting the team — even though they were willing to go higher than anyone else, they dropped out because Herb Kohl (the longtime Bucks [...]

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