Marc Lasry, co-owner of the Milwaukee Bucks since 2014, is considering selling the shares he owns in the Wisconsin franchise. Not enough to jeopardize the short-term future of the franchise, but still significant information in the NBA landscape.
While recent Great League news has been marked by the sale of the Phoenix Suns once morest the background of Robert Sarver who gives us remakes of Donald Sterling, it is the executioners of the Cactus during the 2021 Finals who might this time find themselves on sale soon, partial this one. Marc Lasry, owner of the Bucks since 2014 – a distant time when the future of the franchise was in the hands of Jabari Parker if not in his lap – would indeed be open to reselling his shares within the organization , tells us the insider Marc Stein. Lasry is one, along with Wes Edens, Jamie Dinan, Mike Fascitello and… Aaron Rodgers (admittedly in a very small minority) of the five shareholders in the capital of the double NBA champions (1971 and 2021).
Lasry and Edens acquired the franchise in 2014 for $550 million. from ex-owner and former Wisconsin senator Herb Kohl. Since their arrival, the two men have notably been major players in the construction of the Fiserv Forum to replace the Bradley Center which has served as the Daims’ precinct for thirty years, thus securing the franchise’s long-term presence in the city of Milwaukee. , at a time when the specter of a move hovered over Wisconsin fans. According to Forbes’ Mike Ozanian, the Milwaukee Bucks franchise is valued at nearly $2.3 billion. For comparison, the Suns sold a week ago were valued at $2.7 billion, but were sold to new owner Mat Ishbia for $4 billion. We can therefore imagine that Marc Lasry might make a good sum of the operation if he actually materialized the sale of his shares in the Bucks.
With however the other shareholders of the franchise who should remain in place, such a sale should not lead to major upheavals within the organization. Moreover, if Lasry were to sell his shares in Milwaukee, it is rumored that he might seek shares in another NBA franchise to re-invest his earnings.
Source texte : Joseph Zucker – Bleacher Report / Marc Stein
