Apr 5, 2014, 11:00 PM EST
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….
Jan 26, 2015, 1:16 AM EST
Could the Pelicans make the playoffs?
Jan 26, 2015, 12:36 AM EST
It’s not a rumor, Curry can dunk, too.
Lakers’ rookies get to take care of baby dolls for rest of season. May be more interesting than Lakers’ games.
Jan 25, 2015, 10:29 PM EST
This kind of hazing happens all over the league.
Jan 25, 2015, 9:04 PM EST
The Nets and Hornets talked but did not pull the trigger on a Brook Lopez trade recently.
Jan 25, 2015, 8:30 PM EST
Aldridge is attempting to play through a thumb tear.
Jan 25, 2015, 7:00 PM EST
In only 24 minutes.
Jan 25, 2015, 5:30 PM EST
Deng played his first game in Chicago as a member of a visiting team on Sunday.
Jan 25, 2015, 4:00 PM EST
Dragic can opt out this summer.
Jan 25, 2015, 2:44 PM EST
He would be back for training camp next season.
Jan 25, 2015, 2:00 PM EST
They need a Brandon Jennings replacement.
Knicks’ Lance Thomas travels, double dribbles and steps out of bounds without any call from the officials (VIDEO)
Jan 25, 2015, 12:30 PM EST
Two referees failed to blow the whistle, despite multiple violations occurring in the same sequence.
Jan 25, 2015, 11:00 AM EST
Both players successfully tricked the referees into calling a foul.
Jan 25, 2015, 9:30 AM EST
He’s just 23 behind Jason Terry for third most on the All-Time list.
Jan 25, 2015, 8:00 AM EST
He hd 26 points and 9 boards. That brace worked out pretty well.
Jan 25, 2015, 1:01 AM EST
Can we just get through the rest of this season without any more major NBA injuries, please?
Jan 24, 2015, 11:00 PM EST
Brad Stevens reportedly likes Prince, so a buyout may not be in the cards.
Derek Fisher didn’t realize motivating his players would be such a big part of being an NBA head coach
Jan 24, 2015, 9:30 PM EST
Fisher played 18 years, and claims that his motivation always came from within.
After being fined for obscene gesture, Dwyane Wade asks NBA to improve on ways it protects players from fans
Jan 24, 2015, 8:00 PM EST
Wade was fined for flipping off some fans who he believed crossed the line.
Jan 24, 2015, 6:30 PM EST
“He had his chance to reach out,” Waiters said.
Jan 24, 2015, 5:00 PM EST
Howard left the game after just eight minutes and did not return.
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