It may still be the offseason, but we have ownership news this morning, as it’s being reported that Milwaukee Buck legend Junior Bridgeman is reportedly set to buy a 10% stake in the team:
Junior Bridgeman buying stake in Milwaukee Bucks in a deal that values team at $4 billion https://t.co/vZcuMSd4eS
— Mike Ozanian (@MikeOzanian) September 12, 2024
According to CNBC, the transaction will value the team at $4 billion. When Marc Lasry sold his 25% stake to Jimmy Haslam last April, the Bucks’ value was measured around $3.2 billion.