Apr 5, 2014, 11:00 PM EDT
For some time now owner Herb Kohl has been public about trying to bring in other investors to the Milwaukee Bucks, ideally someone to take over for him if not now within a few years.
That has the sharks circling — buyers looking to purchase the team and move it come 2016 when the lease in Milwaukee opens up have been inquiring (yes, Seattle was one). Kohl, as you would expect of a United States Senator, is loyal to his state and is looking for ownership to pump in cash but keep the team in Milwaukee. New NBA Commissioner Adam Silver has been publicly on Kohl’s side about keeping the team in Milwaukee, but also has said there needs to be a new arena, with that process underway by 2017.
Kohl may be getting close to that goal and with it selling the team. How close depends on who you listen to.
Bill Simmons of Grantland/the ESPN NBA Countdown show tweeted out this Saturday.
Then the Milwaukee Journal Sentinel spoke with the broker Kohl has hired and as you would expect he pumped the breaks on this idea.
“There is a lot of speculation out there,” Greenberg told the Journal Sentinel. “There is an active and ongoing process with respect to the Bucks. But we are not going to comment on speculation.”
Greenberg, who is representing Kohl in the sale process, said it was “premature to make any sort of announcement of a possible sale. We do not intend on saying anything publicly.”
The lawyers don’t like to talk until the ink is dry on the contract. That said, it appears that some kind of ownership group seems to be stepping up to keep the team in Milwaukee and that a deal is nearing.
Sorry Seattle. I hate to say that the NBA is going to use you like the NFL uses Los Angeles for leverage, but….
Sep 22, 2014, 12:21 AM EDT
Remember Sanders suffered a serious eye injury last season.
Sep 21, 2014, 11:00 PM EDT
Way more Andre Iguodala than you might expect.
Sep 21, 2014, 9:30 PM EDT
Turner’s stock has dropped significantly since being traded from the Sixers to the Pacers in the middle of last season.
NBA’s rookie transition program tries to educate, but some of the information is presented in poor taste
Sep 21, 2014, 8:00 PM EDT
You can see what they’re trying to do, but some of the things presented went a bit too far.
Sep 21, 2014, 6:30 PM EDT
Our first real look at the new uniforms and new court design.
Sep 21, 2014, 5:00 PM EDT
I’m pretty sure Popovich doesn’t want him taking one of these in a game.
Sep 21, 2014, 3:30 PM EDT
He’s going to fight for minutes at a crowded wing spot in Charlotte.
Sep 21, 2014, 2:00 PM EDT
Nobody expects much from the Timberwolves or Wiggins this season, outside of a few highlight dunks.
Sep 21, 2014, 12:30 PM EDT
A team is going to have to pay him at least $2 million a year to make it worth his while.
Sep 21, 2014, 11:00 AM EDT
Neither player made this summer’s final 12-man roster.
Sep 21, 2014, 9:30 AM EDT
Lakers president believes Bryant is ready after he missed all but six games last season due to injury.
Sep 21, 2014, 8:00 AM EDT
Sep 20, 2014, 11:00 PM EDT
Rubio may not like it, but Minnesota can retain his rights in restricted free agency next summer.
Sep 20, 2014, 9:30 PM EDT
Big man from Mexico preferred to remain in the NBA, but took the payday to return overseas.
Sep 20, 2014, 8:00 PM EDT
Watch it all the way through.
Sep 20, 2014, 6:30 PM EDT
With two years left in the NBA, Bryant has an eye on life after basketball.
Sep 20, 2014, 5:00 PM EDT
A previous report said Gibson was less than thrilled with remaining a reserve.
Sep 20, 2014, 3:30 PM EDT
Blatche can play, but the NBA offers simply weren’t there.
Sep 20, 2014, 2:00 PM EDT
10-story-high banner will return after a similar one was taken down when James left in 2010.
Sep 20, 2014, 12:28 PM EDT
Sessions could start at point guard for Sacramento.
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