“RIP to the Bucks organization” – NBA Twitter convinced DARK DAYS are ahead for Giannis Antetokounmpo and co. after huge change in organization
Milwaukee Bucks Undergo Ownership Change as Jimmy Haslam Buys Share from Marc Lasry Ahead of 2023 NBA Playoffs
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Apr 2, 2023; Milwaukee, Wisconsin, USA: Benny Sieu-USA TODAY Sports
The Milwaukee Bucks are preparing for the 2023 NBA Playoffs with a new co-owner. According to The Athletic’s Shams Charania, Marc Lasry has sold his share of the team to Jimmy Haslam, the chairman of truck stop company Pilot Flying J and owner of the NFL’s Cleveland Browns.
Haslam brings a vast amount of wealth to the organization, with Forbes estimating his net worth at $4.8 billion. He acquired his majority stake in the Browns for roughly $990 million in 2012, which is now worth nearly $2.2 billion. Pilot Flying J generates approximately $26 billion in annual revenue and has over 750 locations in North America.
However, Haslam’s ownership history is not without controversy. Last year, he signed accused sexual predator DeShaun Watson to a guaranteed contract worth almost a quarter of a billion dollars. This decision drew criticism and calls for the NFL to take action against Watson.
Despite this, the NBA has approved the sale of Lasry’s share to Haslam, and the new co-owner is set to join Wes Edens as a majority owner of the Bucks.
Related: Giannis Antetokounmpo makes a SHOCKING revelation about his ‘almost’ retirement plans in 2020
NBA Twitter Reacts to Marc Lasry’s Sale of Milwaukee Bucks Ownership Stake
The sale of Marc Lasry’s share of the Milwaukee Bucks to Jimmy Haslam has raised concerns among some fans and analysts about the future of the team. Many took to social media to express their fears that the change in ownership could spell disaster for the Bucks.
“RIP to the Bucks organization,” wrote one Twitter user. They just lost their co-owner and the team could be heading towards dark days. Not a good sign for Giannis and the rest of the squad.
While it’s true that the Bucks have seen significant success in recent years, winning the NBA championship in 2021, there are certainly reasons to be cautious about the future. With the salary cap set to rise in the coming years, it’s possible that the team will need to spend more money to remain competitive. And with Lasry no longer in the picture, it’s unclear whether Haslam will be willing to make that investment.
Only time will tell what impact the ownership change will have on the Milwaukee Bucks. But for now, fans and analysts alike will be keeping a close eye on the team as they enter the 2023 NBA Playoffs under new ownership.
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Vivek Yadav
(624 Articles Published)