Despite Potential Ownership Changes, It’s Still Business As Usual For The Milwaukee Bucks

Nearly a decade after he and fellow New York investment billionaires bought the Milwaukee Bucks from former Wisconsin Sen. Herb Kohl, Marc Lasry has reportedly agree to sell his stake in the franchise to Jimmy and Dee Haslam, owners of the National Football League’s Cleveland Browns. The deal, which was first reported by the Milwaukee Journal Sentinel, could be worth as much as $875 million, based on a $3.5 billion valuation of the franchise, significantly higher than Forbes estimated the Bucks’ worth in October. While it’s all interesting fodder for...