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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]
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 ...
Milwaukee Bucks owner Wes Edens reflects on the 10th anniversary of the sale of the team and looks forward to another successful playoff run.
Wes Edens was recently asked about a bid that was submitted by part of the Bucks' ownership group to bring a WNBA expansion franchise to Milwaukee.
The Milwaukee Bucks are an American professional basketball franchise based in Milwaukee, Wisconsin. They are a member of the Central Division of the Eastern Conference in the National Basketball Association (NBA). The team plays their home games at the Fiserv Forum. The Bucks are owned by Wes Edens and Marc Lasry, with Jon Horst as their ...
Last week, Giannis Antetokounmpo met with Milwaukee Bucks’ ownership to discuss his future plans. On Monday, NBA insider Adrian Wojnarowski provided the behind-the-scenes details as to what was ...
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. [15]