Arena construction key to owner deal

The NBA has the right to buy back the Milwaukee Bucks from incoming owners Wesley Edens and Mark Lasry if a deal to a bring a new arena to the city is not in place by November 2017, according to sources briefed on the situation. Sources told ESPN.com that the sale agreement announced last week to transfer the Bucks from longtime owner Herb Kohl to Edens and Lasry for a purchase...
Via Pro Sports Daily
2 days ago  |  Discuss

NBA can buy Bucks if no arena deal is in place

If a deal to build a new arena is not in place by November 2017, the NBA has the right to buy back the Milwaukee Bucks from incoming owners Wesley Edens and Mark Lasry. Sources told ESPN.com that the sale agreement announced last week to transfer the Bucks from longtime owner Herb Kohl to Edens and Lasry for a purchase price of $550 million includes a provision that allows the league...
Via RealGM
2 days ago  |  Discuss

For personal, team improvement, Knight knows what he must do

ST. FRANCIS, Wis. -- Larry Drew had a list of things prepared for Brandon Knight's exit interview, but the Milwaukee Bucks coach didn't need to get past the first question. When Drew asked Knight what he felt he needed to improve on, the point guard said exactly what his coach was thinking. "He hit it right on the nail head," Drew said. Knight's first year with...
Via Fox Sports Wisconsin
3 days ago  |  Discuss

Finally, encouraging news for Milwaukee Bucks

At this time last year, the Milwaukee Bucks were about to begin a first round playoff series against the defending champion Miami Heat. Though Brandon Jennings infamously predicted “Bucks in six,” Milwaukee was swept and lost all four games by double digits. The end of the Bucks’ 2013 season marked the beginning of franchise turmoil. On the court, the team faced decisions on...
Via isportsweb.com
4 days ago  |  Discuss

New Bucks' Owners Hope To Follow Model Of Spurs, Thunder

Wesley Edens and Marc Lasry, prospective owners of the Milwaukee Bucks, acknowledged that they will be inheriting a franchise with the worst record in the NBA, a small market and the need for a new arena. "First of all, I love underdogs, and I think Marc loves underdogs. The notion of buying into a team at this time in some respects is perfect. There is no doubt there is a tremendous...
Via RealGM
4 days ago  |  Discuss

Herb Kohl sells the Bucks for $550M; the team is to stay in Milwaukee

image from: nba.si.com Milwaukee Bucks owner Herb Kohl has sold the team to hedge-fund billionaires Wesley Edens and Marc Lasry for a cool $550M. The sale was made on the condition that the franchise remains in Milwaukee. The Bucks are being sold at a very vulnerable time in their history. They haven’t had a seriously competitive team in a long time and the team at the moment is...
Via Pass The Pill
7 days ago  |  Discuss

Bucks contingent positive after learning of expected ownership change

MILWAUKEE -- By the time Herb Kohl made his way to the Milwaukee Bucks locker room to address his team one last time as owner, the players already had heard the news and watched the press conference. But that certainly doesn't mean the gathering wasn't emotional. When the meeting was done, the Bucks gathered around Kohl and had a team breakdown before preparing for their...
Via Fox Sports Wisconsin
7 days ago  |  Discuss

New owner means Milwaukee Bucks staying in Milwaukee. Uhm, Yey?

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...
Via The Sports Bank
7 days ago  |  Discuss

Milwaukee Bucks Sell Franchise To New York 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...
Via NESN.com
8 days ago  |  Discuss

Milwaukee Bucks introduce new team owners

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...
Via Sports-Glory
8 days ago  |  Discuss

Herb Kohl announces prospective sale of Bucks team

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...
Via Fox Sports Wisconsin
8 days ago  |  Discuss

Bucks sign Wright to new deal

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...
Via Fox Sports Wisconsin
8 days ago  |  Discuss

Milwaukee Bucks clinch NBA’s worst record

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...
Via isportsweb.com
9 days ago  |  Discuss

GIF: Bucks' Jeff Adrien with Flop Of The Year candidate

The Milwaukee Bucks officially clinched the NBA’s worst record this season (15-66, as of right now), but that’s not all they were aiming for in Monday night’s 110-100 loss to the Toronto Raptors. Jeff Adrien committed what has to be in the running for Flop of the Year. Why? Because Adrien actually whacks Jonas Valanciunas across the arm — an obvious foul that referee Ed Malloy...
Via Next Impulse Sports
9 days ago  |  Discuss

Milwaukee Bucks: Grading And Analyizing The Season

Milwaukee Bucks: Grading  and Analyizing The Season By Mike Elworth: Owner and Publisher/Hoopstuff… Record: 15-65- 15th in East Analysis: It was assumed that the Bucks were going to miss the playoffs, but I don’t believe anyone thought they would be this porous. They have had one of the lowest seasons in the NBA in a very long time, were below average in every regard and will...
Via HoopStuff
10 days ago  |  Discuss

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