The Milwaukee Bucks won't be leaving town anytime soon. Longtime owner Herb Kohl has agreed to sell his majority stake in the franchise to Wesley Edens and Marc Lasry, ESPN's Marc Stein reports. Still pending league approval, the deal is worth $550 million and sees the team's first ownership transition in 29 years. Kohl, a Milwaukee native, purchased the Bucks in 1985 from Jim Fitzgerald for $18 million...
MILWAUKEE -- An era is officially ending, as Senator Herb Kohl is selling the Milwaukee Bucks after owning the team for 29 years. At a press conference Wednesday at the BMO Harris Bradley Center, Kohl announced he has entered into a purchasing agreement to sell the franchise to New York hedge-fund billionaires Wesley Edens and Marc Lasry. Forbes estimated Lasry to be worth $1.7 billion in 2014, while...
Milwaukee Bucks president and owner Herb Kohl announced Wednesday that he has entered into a signed purchase agreement to transfer ownership of the Bucks to Wesley Edens and Marc Lasry. The deal to sell the team to the hedge-fund billionaires is valued at $550 million. “My priority has always been and will continue to be keeping the Bucks in Milwaukee,” said Kohl. “This announcement reinforces that...
Milwaukee Bucks owner Herb Kohl announced Wednesday that he has reached an agreement to sell the team to hedge fund billionaires Wesley Edens and Marc Lasry for $550 million. One of the conditions for the sale is that the team needs to be kept in Milwaukee. To that end, Kohl and the new owners have […]...
5TH QUARTER MAG 5TH QUARTER MAG - Exclusive sports rumors and gossip Herb Kohl, the owner of the Milwaukee Bucks, has agreed to sell the team for $550 million. The interested buyers?.. Milwaukee Bucks owner Herb Kohl agrees to sell the team to investment firm executives for $550 million...
MILWAUKEE — Milwaukee Bucks owner Herb Kohl has reached a deal to sell the franchise to New York investment firm executives Marc Lasry and Wesley Edens for about $550 million. Kohl announced the deal Wednesday at the BMO Harris Bradley Center hours before the team was to play its final game of a dismal season. The deal is subject to approval by the NBA and its Board of Governors. Kohl is a former U.S....
Herb Kohl, Milwaukee Bucks Owner, announced today that he has sold the team to Wesley Edens and Marc Lasry. The new ownership group means that the Milwaukee Bucks, or as I call them “Milwaukee’s Big Ten Team,” are staying put in Brew City? So yey? Excitement? Huzzah? Rejoice? MKE will continue to have a NBA franchise…if we can still refer to the Milwaukee Bucks as an NBA franchise. For legal purposes,...
Herb Kohl, Milwaukee Bucks President and Owner, today announced that he has entered into a signed purchase agreement to transfer ownership of the Bucks to Wesley Edens and Marc Lasry....
The Milwaukee Bucks have signed forward Chris Wright (6-8, 225) to a multi-year contract....
The Milwaukee Bucks have signed Chris Wright to a multi-year contract, the team announced Tuesday. Wright had signed two 10-day contracts with the Bucks. Wright has averaged 6 points and 2.1 rebounds in seven games with Milwaukee....
The Milwaukee Bucks have signed forward Chris Wright to a multi-year contract, the team announced Tuesday. Wright's new contract will allow him to play in Wednesday's season finale against the Atlanta Hawks and will be non-guaranteed for the 2014-15 season. Signed to two separate 10-day contracts with the Bucks, Wright has averaged 6.0 points and 2.1 rebounds in 15.4 minutes per game. His second 10-day...
MILWAUKEE (AP) Epke Udoh will leave one positive lasting impression from this dreary season for the Milwaukee Bucks, and it has nothing to do with basketball....
It has been a season of absolute futility for the Milwaukee Bucks, and after last night’s loss to Toronto, the team officially confirmed its doormat status by clinching the league’s worst record. To many Bucks fans, this is actually good news. By clinching the worst record, Milwaukee now has the best lottery odds of claiming the No. 1 overall pick in this year’s highly touted draft. Last month, amid...
The Milwaukee Bucks lost to the Washington Wizards on Saturday by the score of 104-91. The loss dropped the Bucks to 15-65, the worst record in the NBA. The Bucks were without Brandon Knight, who was a late scratch with a hip injury. Ramon Sessions started in his place. Keith Allison via Wikimedia CommonsThe Milwaukee Bucks official account confirmed Knight's status.ROSTER UPDATE: Brandon Knight is...
Milwaukee Bucks to “win” tanking war; “clinch” lottery odds Monday THE LATEST Sports News THE LATEST NBA News THE LATEST Bucks News Share THIS ARTICLE Article PAGE ...
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According to Grantland’s Bill Simmons, a sale of the Milwaukee Bucks — to hedge fund billionaires Marc Lasry and Wesley Edens — was pretty much a done deal as of Wednesday, until current owner Herb Kohl realized he might be able to sell off the team for even more than the rumored $550 million(!) price tag. All along, it was assumed that the 79-year-old Kohl, who has no heirs, wouldn’t sell to anyone...
Old Man Dick Bavetta recently logged his 2,633rd consecutive game as an NBA official, establishing himself as essentially the Cal Ripken, Jr. of NBA officiating. And, if you think he’s going to start picking up 6-foot-11-inch, 240-pound centers up off the floor now, you’d be sorely mistaken. [Dime] Article found on: Next Impulse Sports...
Some NBA referees can be quite animated. During last night’s game between the Bucks and Pacers (who rested all five starters), Zaza Pachulia hit the deck and asked ref Dick Bavetta for some help up. Bavetta was like, “nah son.”...
There are few NBA referees like Dick Bavetta and despite what you think of his calls on the court, he’s been a long-time help for the association. Sadly, last night however, Dick wasn’t a helping hand toward Milwaukee Bucks big man Zaza Pachulia. After Zaza ended up on the floor, he tried to extend his hand toward Bavetta walking near him but ultimately didn’t get the help that he wanted: *** Dick...