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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.
Former U.S. Senator Herb Kohl was the long-time owner of the team, but on April 16, 2014, a group led by billionaire hedge fund managers Wes Edens and Marc Lasry agreed to purchase a majority interest in the team from Kohl, a sale which was approved by the owners of the NBA and its Board of Governors one month later on May 16. [10]
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 ...
The Haslams already own the Cleveland Browns and Columbus Crew, and now they're adding the Milwaukee Bucks. Bucks co-owner Marc Lasry to reportedly sell his portion of team to Haslam family on $3 ...
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 ...
Kohl was beloved in his native Wisconsin for saving the Bucks from leaving the state with his $18 million purchase of the team from Jim Fitzgerald in 1985. Herb Kohl, former Bucks owner and former ...
This article is a list of principal owners of National Basketball Association teams. The NBA requires a change in "controlling ownership" to be approved by the NBA Board of Governors, composed of one representative (Governor) from each team. [1] Toronto Raptors owner Larry Tanenbaum has been Chairman of the NBA Board of Governors since 2017. [2]
President Joe Biden met with Bucks co-owner Wes Edens, coach Doc Rivers and players and staff during Milwaukee visit.