HoopsHype Milwaukee Bucks rumors

Milwaukee Bucks highlights

April 16, 2014 Updates

The Milwaukee Bucks have signed forward Chris Wright (6-8, 225) to a multi-year contract, General Manager John Hammond announced today. Wright had played with the Bucks on two separate 10-day contracts, the last signed on April 5. He appeared in seven games with the Bucks, averaging 6.0 points, 2.1 rebounds and 1.0 steal in 15.4 minutes per game. NBA.com

Ekpe Udoh will leave one positive lasting impression from this dreary season for the Milwaukee Bucks, and it has nothing to do with basketball. Few, if any, NBA players can say they've started a book club over Twitter. Fewer still probably cite entertainment magnate Oprah Winfrey as a role model. Udoh, a four-year NBA veteran, is thinking big. "I want to be like Oprah. I want to be like Oprah's book club," the Bucks forward said Tuesday. "I'll get there. It might take me a couple years, but I'll get some buzz going." ESPN.com

April 15, 2014 Updates
April 12, 2014 Updates

Two West Coast groups based in L.A. had interest in becoming investors in the Bucks. One was headed by the agent Arn Tellem, the other included former Bucks executive and coach Mike Dunleavy. But a local group of investors is finalizing a deal to come in with owner Herb Kohl New York Daily News

April 11, 2014 Updates

Don’t worry, you won’t have to cheer for the Seattle Bucks. As I tweeted last weekend, the Seattle guys (Steve Ballmer and Chris Hansen) aren’t getting the team — even though they were willing to go higher than anyone else, they dropped out because Herb Kohl (the longtime Bucks owner and a fearless champion of mediocre basketball) wouldn’t sell them the franchise unless they agreed to keep it in Milwaukee. The guys who thought they had it as recently as two days ago? Hedge-fund billionaires Marc Lasry and Wes Edens, who slid under the radar this entire time and thought they landed the Bucks with an offer in the $550 million range (slightly more than Vivek Ranadivé paid for the equally unappealing Kings). As recently as Wednesday, Lasry and Edens were expecting the NBA to vote on their bid at next week’s Board of Governors meeting. Grantland

So … what happened? Apparently there’s been a late flurry of offers from at least two other parties — not the Seattle guys — and now, incredibly, the price might be climbing and/or Kohl might be wavering to see if he should play this out longer. I thought I had this story nailed two days ago; now, I’m not sure. Will Lasry and Edens land the Bucks? Will someone else swoop in? What promises will be made to Adam Silver, who has demanded a new arena in Milwaukee by 2017 at the latest … or else? And can the Bucks and Kings really go for a combined $1.1 billion or more???? Good Lord! My money is still on Lasry and Edens, but I can’t believe this process is still dragging along. You know, kind of like the Bucks. Grantland

The NBA Board of Governors will meet in New York next Thursday and Friday and one of the main topics likely will be the future of the Bucks. There is a distinct possibility a new ownership group will be revealed at that time. The Bucks’ sale process has been cloaked in secrecy. In fact, any bidder who wanted to get into the “Bucks-for-sale” game had to sign confidentiality forms. Because this is a high-stakes game, where the sale of the Bucks is expected to be around $500 million, few people directly involved in the situation have been willing to discuss specifics of the bidding process, particularly Bucks owner Herb Kohl, who has been extremely tight-lipped. Racine Journal-Times

The gentleman orchestrating the negotiations is Steve Greenberg, the managing director of Allen & Company in New York and son of baseball Hall of Famer Hank Greenberg. Greenberg has strong ties with several individuals who have expressed interest in buying the Bucks, including Mark Attanasio, the Milwaukee Brewers owner. Greenberg was an advisor to the Allan “Bud” Selig family when the Brewers were sold to Attanasio. Attanasio has apparently had more than a passing interest in the Bucks for some time. A year ago, the scuttlebutt among NBA officials was Attanasio and former Memphis Grizzlies owner Michael Heisley were the primary candidates to become the Bucks’ next owners. Heisley is no longer in the picture after having suffered a major stroke. He has gone through extensive rehab and is in a nursing home. Racine Journal-Times

Greenberg also happens to know NBA super-agent Arn Tellem, who also has shown interest in the Bucks. Tellem, who owns a professional basketball team in Israel, began his career as an attorney in Los Angeles with the firm of Manatt, Phelps, Rothenberg and Tunney. One of Tellem’s mentors was none other than Greenberg. Racine Journal-Times

Another former NBA general manager rumored to be the “face” of another group is David Kahn. He was the president of basketball operations for the Minnesota Timberwolves before being relieved of his duties last May. A call to Kahn wasn’t returned. Kahn once attempted to bring the Montreal Expos to Portland before the Major League baseball team opted to relocate to Washington. Racine Journal-Times

It’s no secret former Bucks guard Ulysses “Junior” Bridgeman is interested in being part of a new Bucks ownership. Bridgeman, whose No. 2 jersey has been retired by the Bucks, is the president of Bridgeman Foods LLC. His company owns and operates more than 160 Wendy’s restaurants in the United States. Racine Journal-Times

Another local figure associated to Bucks sales rumors is Jon Hammes. A Racine native, Hammes is the founder and managing partner of Brookfield-based Hammes Company, which is recognized as the nation’s leader in health care facility development. His company was also involved in the construction of sports facilities, including the Kohl Center in Madison, and the renovation of Lambeau Field in Green Bay. Racine Journal-Times

The latest name to surface on the Bucks’ ownership rumor mill is Tom Werner, once the majority owner of the San Diego Padres. He later teamed with John Henry and Larry Lucchino to form the Fenway Sports Group, which bought the Boston Red Sox in 2002 for $660 million. Werner’s group also bought Fenway Park and 80 percent of New England Sports Network. He is chairman of the Red Sox and Liverpool of the Premier League. Racine Journal-Times

April 10, 2014 Updates
April 9, 2014 Updates

Bucks officials confirmed that fourth-year center Larry Sanders has started his five-game suspension for violating the league's drug policy. Sanders was not with the Bucks for their Wednesday game against Indiana and could not be at the arena, per NBA policy. Sanders was suspended for a third positive marijuana test. He was out due to surgery for right orbital fractures and it was uncertain when his suspension would begin. But this means the 6-foot-11 Sanders will not have to start next season with a suspension. Milwaukee Journal-Sentinel

April 8, 2014 Updates

As speculation builds toward a pending sale of the Milwaukee Bucks to a new group of investors, a prominent commercial real estate developer and project manager in Brookfield has filed federal documents to initiate a private offering for $450 million. Jon Hammes, founder and managing partner of Hammes Co., is listed as the director of the Hammes Partners II (A) L.P., which filed a public notice of exempt offering of securities with the U.S. Securities and Exchange Commission to initiate the private equity offering to raise $450 million. BizTimes

April 6, 2014 Updates

The Bucks set a franchise record for futility this season, though they aren't dwelling on their failures. With its 102-98 loss to the Toronto Raptors on Saturday night, Milwaukee established a dubious club record with its 63rd loss. It sealed the team's fate as the biggest loser in the franchise's 45-year history. "I didn't know that," second-year forward John Henson said. "That's not something you want to be associated with." NBA.com

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Kareem Abdul-Jabbar is No. 1 in a list filled with old-school players at the top.

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