Just a few years removed from their championship run and seemingly positioned to make another, the Milwaukee Bucks are poised to be an Eastern Conference powerhouse for years to come.
So when news broke that Bucks billionaire co-owner Marc Lasry was selling his portion of the team, it was a huge shock to those around the league… until a final sales price of $3.5 billion was finally revealed in a report by ESPN’s Tim Bontemps.
Milwaukee Bucks co-owner Marc Lasry has reached an agreement to sell his portion of the Bucks to Cleveland Browns owners Jimmy and Dee Haslam for a $3.5 billion valuation, sources told ESPN.
— Tim Bontemps (@TimBontemps) February 27, 2023
The franchise’s $3.5 billion valuation is the second-highest in NBA history and the third-highest in the history of professional sports.
While the Bucks are a relatively small-market team in a small-market city, their success over the past few years has earned them respect across the league. Additionally, the emergence of Giannis Antetokounmpo should keep the franchise relevant for at least the next decade or more.
This season especially, the Bucks are making a strong case for being the title favorites, and it’s hard not to see them in that conversation every year that they have a healthy Giannis.
What Should We Expect From The Bucks This Season?
It’s no secret that the NBA is experiencing a unique level of parity this season. Compared to years past, many teams have a realistic shot at the title, including the Nuggets, Clippers, Warriors, Celtics, 76ers, and Grizzlies, among others.
The Bucks are right there with all of those teams, thanks to the combined powers of Giannis, Khris Middleton, and Jrue Holiday.
“We gotta build good habits,” said Giannis. “Just like you guys, you guys have built for six or seven years, great habits. Like, no matter where you guys are in the ranking, you guys always have the opportunity to win because you’ve built such good habits that are hard to break. So, that’s what we’re trying to do, we’re trying to build good habits right now, play good basketball, get guys healthy, compete defensively, and maybe that gives us a chance to win a championship.”
Obviously, we’ve seen this Bucks team go all the way before, and their odds of doing it again are looking pretty good.
It’s no wonder a franchise in such a great position sold for almost $4 billion, but one has to think the team’s valuation will only rise as Giannis leads Milwaukee through an era of prosperity.
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