The main man down at the bucks has just sold his empire to two managers of a ny based investment company. Their names are Mr Lasry and Mr Evens. It is estimated that he sold the team for around about 560 millions big bucks. No pun intended.
Around about Wednesday afternoon during the day he made the big announcement over national radio. This came only a few hours prior to the beginning of the teams game for that day. It would be the last match for them for the season. In fact it’s been a really poor year for them too. However, despite the proposed take over the whole deal is yet to be finalized by officials down at the NBA head quarters. Ultimately it comes down to their governor board to decide whether it is all above board.
Herb Kohl was a united states senator previously. The bucks have actually been owned in his name ever since the year of 1985. Given that they were going so poorly though, he sought to sell this year. He and his assistants went scouting around all year at the beginning of the year to try to find some potential suitors. This effort really started to gather momentum at the start of the financial year. A big push was made to get people aboard who were keen to invest in maintaining the clubs presence locally where it has always been situated there about.
Thanks to this effort the new owners offered over 100 million dollar investment deal to build a brand new stadium for the club right smack dab where it’s been playing for the last half of a century or maybe even longer for that matter. One of the new men Eden’s made a great point when he said that it’s all about the bucks fans needing to have a team to support that’s actually winning games and not being thrashed all of the time. The now former owner has been going on and on for a long time now about getting a brand new stadium built in the local area. However, he just hasn’t had the money or the know how to be able to achieve that. Ever since their head quarters opened way back in the year 1988 there has been no shortage of issues and complaints from players, officials and others down at the club.
Even the local mayor down there at hill Billy Milwaukee chimed in. He thought he would pipe up and say that the debate has been going on for years and now we should all be so pumped that finally someone with some clout has basically validated those very big concerns that until now have been very very difficult to overcome. This really is a great effort from all those involved in the whole thing.
It’s now beginning to look up for the bucks. Given that they will finish up at the bottom of the ladder fortunately they’ll have priority picks going into the national draft in the off season of the nba. Further to this, they’ll have around about 400 million up front pumped into their new facilities. This will set a really positive tone for them going into the next season.