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Who Owns The Milwaukee Bucks?
So, who owns the Milwaukee Bucks? Wes Edens and Marc Lasry are the owners of the Bucks franchise. They bought the team in 2014 for $550 million. Prior to owning the Bucks, Edens was a co-founder of Fortress Investment Group. Lasry was also a founder of Avenue Capital Group. The two have been close friends for years and business partners on several occasions and are also both originally from Wisconsin.
Edens and Lasry are committed to keeping the Bucks in Milwaukee and have invested significant resources into the team and the arena. In 2018, they helped finance a $524 million renovation of the Bradley Center, now known as the Fiserv Forum. Prior to Edens and Lasry, the team was owned by Mark Attanasio, who purchased the team in 2005. He is a former investment banker who is a successful businessman and philanthropist.
According to Forbes, as of the 2023-2024 season, the Milwaukee Bucks are worth $4.0 Billion dollars. This makes them the 15th most valuable National Basketball Association (NBA) franchise.
About The Milwaukee Bucks Franchise
The Milwaukee Bucks are a professional basketball team based in Milwaukee, Wisconsin. The Bucks compete in the National Basketball Association (NBA) as a member of the Eastern Conference Central Division. The team was founded in 1968 as an expansion team and plays at the Fiserv Forum in downtown Milwaukee, Wisconsin.
The Bucks have won two NBA championships (1971, 2021), three conference titles (1971, 1974, 2021), and 17 division titles (1971–74, 1976, 1980–86, 2001, 2019-2022). They have featured such notable players as Abdul-Jabbar, Ray Allen, Marques Johnson, Sidney Moncrief, Khris Middleton, and current superstar Giannis Antetokounmpo.
The Bucks have formed several notable rivalries with other NBA teams throughout history. One of their most famous rivalries is with the Chicago Bulls. Other notable rivalries include the Philadelphia 76ers, Detroit Pistons, Boston Celtics, and Miami Heat.
Former NBA Most Valuable Player (MVP) Kareem Abdul-Jabbar is the franchise’s all-time leading scorer, and former coach Don Nelson is the franchise’s all-time leader in wins.
