Peter Feigin Rumors
In a statement Bucks president Peter Feigin said, “We are honored to have been selected to participate in the NBA’s first games in the United Arab Emirates. As the NBA continues to expand globally, we look forward to visiting Abu Dhabi and furthering the league’s goals of inspiring people through basketball. We will be proud to represent our city, our state and Bucks fans worldwide this October.”
The Milwaukee Bucks, in their quest to repeat as NBA champions, this weekend will begin playing the Boston Celtics in the Eastern Conference semifinals. Off the court, the team is seeking $4 million annually for entitlement rights to its plaza inside Deer District, a 30-acre property that sits outside their arena.
In an interview with CNBC, Bucks President Peter Feigin described the naming rights asset as obtaining keys to “a city that we’ve created within the state of Wisconsin.” The Deer District is part of the team’s economic development plan, to which taxpayers contributed $250 million. And the project also landed the Bucks their over $500 million arena, which opened in 2018.
“I am blessed and excited to continue with the Bucks,” Horst said. “Thank you to Marc, Wes and Jamie for your continued confidence and trust in me and for giving us the resources to be successful. We have the best ownership in sports, and I’m humbled to work with you. I also want to express my deep appreciation to my great partners and friends, Peter Feigin and Coach Bud, as we continue building sustainable success in Milwaukee. My executive team, led by Milt Newton, is incredible, and I appreciate your support and dedication every day. “To our players, I’m grateful for your trust, commitment, and belief, and for working incredibly hard to get better every day. You are the reason I get to live my dream, and my family and I are forever grateful. Milwaukee is our home. Go Bucks!”
Months after drawing an estimated 100,000 people to downtown’s Deer District, the Milwaukee Bucks might revise the basketball team’s development plans for sites near Fiserv Forum. That reevaluation is partly motivated by the impact of the COVID-19 pandemic on how people live, work and play, said Peter Feigin, Milwaukee Bucks president.
The phenomena of tens of thousands of Bucks fans during the July NBA title run filling the Deer District plaza, and overflow sites destined for future development, is playing a role in the reevaluation, he said. Among the guiding principles, Feigin said, is how the Bucks “can create a safe, fun meeting place for the state of Wisconsin.” Almost 500 COVID-19 cases were later linked to fans who attended Deer District watch parties or a game during the NBA title run.