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On April 16, 2014, long-time Bucks owner Herb Kohl agreed to sell a majority interest of the team to New York-based billionaires Wes Edens, and Marc Lasry for $550 million, but Kohl retained a significant minority interest in the team. The new owners were expected to keep the team in Milwaukee.
Milwaukee Bucks: Wesley Edens, Jimmy and Dee Haslam (25%) [37] Milwaukee Bucks, Inc. 3,500 [37] 2014: Minnesota Timberwolves: Glen Taylor: Minnesota Timberwolves Basketball Limited Partnership 88.5 [38] [39] 1995: New Orleans Pelicans: Gayle Benson: New Orleans Pelicans NBA Limited Partnership 338 [40] [41] 2012: New York Knicks: James Dolan
Edens has invested heavily in the ownership of sports teams and is the co-owner NBA franchise Milwaukee Bucks. Additionally, Edens is co-owner of association football holding company V Sports alongside fellow billionaire Nassef Sawiris. V Sports owns English Premier League team Aston Villa and a 46% stake in Portuguese Primeira Liga team ...
Among their ranks is Wes Edens, co-owner of the Milwaukee Bucks basketball team and a majority share-holder of English Premier League club Aston Villa, who was able to knock $5 million off the ...
Jimmy and Dee Haslam became the majority owners of the Cleveland Browns in 2012 for over $1 billion. ... Haslam Sports Group purchased a 25% share in the Milwaukee Bucks for $800 million, ...
In a recent Q&A with Milwaukee Bucks governor and co-owner Wes Edens, beat writer Jim Owczarski had a chance to sit down with Edens and discuss a bid that was submitted by part of the team's ...
In April 2014, Lasry became co-owner of the NBA's Milwaukee Bucks after purchasing the team from Herb Kohl for $550 million with Wes Edens. [14] Following the 2016 U.S. election, Lasry and the Milwaukee Bucks became one of three NBA teams to openly state they would not be staying at Trump branded hotels when on the road. [15]
On July 22, 2021, Kohl was the key figure of the lead car in the Milwaukee Bucks NBA Championship parade. On the event, he said: "This is one of the big days of my life." [ 45 ] Kohl attended the Bucks' 2021–22 season opener at Fiserv Forum and was presented with a Bucks championship ring for his efforts in keeping the Bucks in Milwaukee.