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Bucks get 2nd pick in NBA’s Draft Lottery

May 21, 2014 By Bill Scott

The Milwaukee Bucks went into Tuesday night’s Draft Lottery with the best odds (25%) of obtaining the top pick in the June 26th draft.  But it was the Cleveland Cavaliers (1.7%) that came from the 9th position to grab the top pick.  They’ll draft number-1 for the third time in the last four years.

The Bucks get the number two pick, the first time in their history that they’ll draft from that position.

The Cavs will have their pick of top players like Andrew Wiggins and Joel Embiid of Kansas and Jabari Parker of Duke.  But regardless of who Cleveland goes with, the Bucks are going to get a real good player with the next pick.

Since the NBA introduced the lottery system in 1985, the second spot has produced a number of top players, like Jason Kidd, Gary Payton, Alonzo Mourning and reigning NBA MVP Kevin Durant.

Vote of confidence

Bucks General Manager John Hammond received a vote of confidence from the Bucks new ownership group.  Marc Lasry and Wesley Edens say Hammond will oversee the June 26th draft and continue as the Bucks GM for the near future.  Hammond and current head coach Larry Drew both have two years left on their contracts.

 

Filed Under: Sports Tagged With: John Hammond, Larry Drew, Marc Lasry, Milwaukee Bucks, NBA, Wesley Edens

Bucks sold for $550 million (AUDIO)

April 16, 2014 By Bill Scott

Milwaukee Bucks owner and former Senator Herb Kohl announced the sale of his NBA franchise to a pair of New York investors,

Herb Kohl

Herb Kohl

Marc Lasry and Wesley Edens for $550 million.  Both Lasry and Edens are committed to keeping the Bucks in Milwaukee, which has been a key to any sale of the team by Kohl.

Both Kohl and the new ownership group have each committed $100 million toward a new, multipurpose arena.  Wesley Edens figured that total would get them about halfway towards the purchase of a new facility.

Kohl originally purchased the Bucks back in 1985 for $18 million and has owned the team for the last 29 years.

AUDIO: Marc Lasry says he and Edens will be hands on owners :16

Marc Lasry is the chairman, CEO and co-founder of Avenue Capital Group.  Wesley Edens is the co-founder of the Fortress Investment Group LLC, based in New York. [Read more…]

Filed Under: News, Sports Tagged With: Herb Kohl, Marc Lasry, Milwaukee Bucks, NBA, Wesley Edens



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