Re: BouncyBall 2013/2014
Herb Kohl is selling the Milwaukee Bucks to two hedge fund guys. Price is $550 million (Herb paid $18 million for the team in 1985). Condition of the sale is they must stay in Milwaukee, and he is giving $100M towards a new stadium. New owners put up another $100M; I suppose Milwaukee County will need to be taxed for the rest.
STORY
Herb Kohl is selling the Milwaukee Bucks to two hedge fund guys. Price is $550 million (Herb paid $18 million for the team in 1985). Condition of the sale is they must stay in Milwaukee, and he is giving $100M towards a new stadium. New owners put up another $100M; I suppose Milwaukee County will need to be taxed for the rest.
STORY
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