HoopsHype Marc Lasry rumors

October 29, 2014 Updates
October 27, 2014 Updates
October 17, 2014 Updates

In a dramatic expansion of their ownership group, the Milwaukee Bucks will announce Friday that five prominent African-American business leaders and philanthropists, as well as two well-known Milwaukee business executives, have joined the franchise. Their addition gives Bucks owners Wesley Edens and Marc Lasry and new investor Jamie Dinan, whose ownership stake had not been widely known, enhanced credibility as they continue to work not only on rebuilding the franchise but also on setting the stage for what is expected to be a major downtown economic redevelopment project. While specifics of what the three have in mind beyond building a new arena have yet to be disclosed, the Bucks made a point in their announcement to say that members of Partners for Community Impact, or PCI, had previously been involved in urban economic development and renewal projects. Milwaukee Journal-Sentinel

September 4, 2014 Updates

Marc Lasry, the co-owner of the Milwaukee Bucks with partner Wes Edens, said Thursday at a business of sports summit that he hopes the franchise can partner with the city to build a new arena. Lasry, interviewed by Bloomberg Television at its Sports Business Summit, expressed optimism that such a partnership will happen. "We think over time we're going to be able to do this," Lasry said. Lasry also had some interesting things to say about the Bucks. While he is a co-owner with Edens, Lasry said it was Edens who is the managing partner of the team and acts as the team's governor at NBA owner meetings. "I'm not the person running the team," Lasry said. Milwaukee Journal-Sentinel

August 11, 2014 Updates

Alexander Lasry appears to have taken a job in the Bucks' front office, this according to, well...Alexander. The son of Bucks' co-owner Marc Lasry recently updated his LinkedIn profile and added the title of Vice President of Strategy and Operations to his list of work experience. The job just started this month, according to his account. It is unclear at the moment would the position's duties entail, though Alexander's degree in Business from New York University and Penn may suggest that this role may be more business-oriented than anything else. Marc Lasry had made no secret of his desire for his son to join the Bucks in some capacity, and it looks like he's convinced his son to become part of the team sooner than expected. Brew Hoop

July 11, 2014 Updates
July 2, 2014 Updates
June 30, 2014 Updates

Kidd lost a power play in Brooklyn, where he had tried to usurp the power of GM Billy King through ownership, sources said. Kidd had gone to ownership seeking the president of basketball operations title and was denied. It led to Brooklyn allowing him persmission to talk with the Bucks, whose new co-owner, Marc Lasry, has been a longtime financial adviser. Around the NBA, there's a strong belief that Kidd will ascend sooner rather than later to run the Bucks' basketball operations. Milwaukee currently has a general manager, John Hammond, in place. Yahoo! Sports

June 29, 2014 Updates

Kidd's failed push for a promotion that would have put him above Nets general manager Billy King while also keeping him as coach has led to his likely exit, with the Milwaukee Bucks being granted permission to speak with him about a front-office position that was at the root of this unexpected development. One of the Bucks' new owners, Marc Lasry, previously held a stake in the Nets and is known to be close with Kidd, 41 and one season removed from his playing career. USA Today Sports

June 20, 2014 Updates

The Bucks are inching closer to adding several minority owners with Green Bay Packers superstar quarterback Aaron Rodgers and former Bucks star Junior Bridgeman among those who have had discussions with Bucks co-owners Marc Lasry and Wes Edens. Craig Leipold, the Minnesota Wild owner from Racine, has been speculated as another possible minority owner although that isn’t likely to happen. Racine Journal-Times

June 2, 2014 Updates

Milwaukee Bucks co-owner Marc Lasry said Friday in a radio interview that he and co-owner Wesley Edens are strongly considering a change in the team's traditional colors of red, green and silver. Lasry did not say what a new color scheme would be but said, "We're definitely looking at doing that (making a change). It does need a little bit of help." Milwaukee Journal-Sentinel

Lasry also said in the WSSP-AM (1250) interview that he is upset there is not more Bucks gear available around the city. "The thing that (ticks) me off is there's no gear," he said. "I wanted to get stuff for friends back home (in New York). I went yesterday (Thursday) to the Bradley Center to get gear. "There are a lot of things we need to do. You're going to see a whole bunch of changes." Milwaukee Journal-Sentinel

June 1, 2014 Updates

The New York-based investors know they are taking over a team that finished at the bottom of the NBA with a 15-67 record last season. They are taking over a franchise that ranked last in the league in attendance, averaging 13,487 fans. "Our view is we're going to try to do this over the next five years," Lasry said. "We've got the best 23-and-under team, but that's not the way it works." Milwaukee Journal-Sentinel

May 31, 2014 Updates
May 30, 2014 Updates

There was widespread chatter among Bucks officials and even some NBA executives that Kohl was livid with Hammond and, if he had maintained ownership of the team, would have fired him after the season. But Hammond, the NBA’s Executive of the Year in 2009-2010, is still overseeing the basketball operations and Drew is heavily involved in draft preparations. Thursday, during an informal gathering with a group of media, Lasry and Edens expressed their support for Hammond, Drew and Morway. “I think, on the basketball side right now, John, David and Larry, at least from all the dealings we’ve had, they have been doing a great job,” Lasry said. Racine Journal-Times

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