• NBA to approve Wesley Edens, Marc Lasry as new owners of Milwaukee Bucks on Thursday, per source

    Summary of 3 articles · Updated May 15, 2014
    "We are pleased that Wes Edens and Marc Lasry have been approved as the new owners of the Milwaukee Bucks," said NBA Commissioner Adam Silver. The timing of the sale will allow Edens and Lasry to take control of the team before next Tuesday's draft lottery in New York, which was a priority. Edens and Lasry, who will have to liquidate a minority share of the Brooklyn Nets he currently owns, have pledged $100 million in additional funds to help construct a new arena in Milwaukee. That process, however, is c...
    Sources: ESPN.com nba.com
    • Owners unanimously approve sale of Bucks

      The NBA's board of governors unanimously approved the sale Thursday of the Milwaukee Bucks to New York investment firm executives Wesley Edens and Marc Lasry, bringing the forlorn franchise one step closer to starting a new era.
      Source: ESPN.com

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