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Marc Lasry Rumors

Jrue Holiday was 'ecstatic' when he was traded to the Bucks

After seven seasons in New Orleans, Holiday was finally ready for a change of scenery and desperately wanted to contend for a title. A source with knowledge of his situation said Pelicans executive vice president of basketball operations Dave Griffin was given a list of preferred destinations that included more than five teams, including the Bucks, and Holiday was ecstatic when the word came that he was Milwaukee bound. Five months later, Holiday and the Bucks would come to terms on a four-year, $160 million extension that showed yet again that the Bucks’ ownership group, headed by Marc Lasry and Wes Edens, was willing to cut the kinds of enormous checks necessary to up their odds of winning it all.
Alex Lasry, the son of Milwaukee Bucks owner Marc Lasry, is a senior vice president with the team but took a leave of absence in February to concentrate on his bid for the Senate seat. The Democratic primary is in August 2022, just ahead of the November election. Economic growth and development in the state are at the heart of Lasry’s agenda. But the Bucks also inspired Lasry to run. Mainly involved on the the business side, he is a regular presence at home games and was instrumental in helping local residents find jobs constructing the new downtown arena Fiserv Forum.
An owner recently told me the value of the Bucks’ franchise is now “between $1.8 billion to $2 billion.’’ Not too shabby when you consider Wes Edens and Marc Lasry purchased the franchise from Herb Kohl in 2014 for reportedly $550 million. With the Minnesota Timberwolves now on the block, that same owner was asked what he thought would be their purchase price. He responded, “right around $1.2 billion. “They (the Timberwolves) have to do the same thing Milwaukee did,’’ the owner said. “They need a new arena, first and foremost, and then they have to do a much better marketing job and increase their television revenue, which is awful. That franchise is a mess.’’
Lasry said he didn’t receive special treatment because of his position with the Bucks, his political aspirations or his father’s wealth. “That has nothing to do with anything,” Lasry told the newspaper. “Honestly, if I wasn’t married to Lauren, I don’t know that I would have gotten a call or known about it.” Evers said he would rather see providers administer vaccine outside the priority phases than let it go to waste, saying the number of doses administered outside the protocols is going to be a tiny percentage of all inoculations.
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