Bucks Zone

Jimmy Haslam to join Milwaukee Bucks ownership group after buying Marc Lasry's stake

The Bucks have a new owner and his name is Jimmy Haslam.
Matthew Dugandzic|
© Jeff Hanisch-USA TODAY Sports

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Milwaukee Bucks

Cleveland Browns owner Jimmy Haslam is set to own to join the ownership group of the Eastern Conference powerhouse Milwaukee Bucks. This comes after the Bucks co-owner Marc Lasry decided to sell his stake to Haslam and the Haslam Sports Group for a valuation of $3.5 billion.

New regime

Haslam will now join the team’s ownership group, which already has co-owner Wes Eden. The sale process has been months in the making. Haslam has been seen in numerous Bucks practices and even sat courtside in several games, including the team’s thrilling 104-101 win over the Phoenix Suns last Sunday.

Lasry and Edens initially bought the team from Herb Kohl nine years ago for $550 million. With Lasry at the helm, the Bucks have become a global phenomenon—thanks to their superstar, Giannis Antetokounmpo. The Bucks also won an NBA championship in 2021, defeating the Suns in the NBA Finals for the franchise’s second NBA crown.

Can Haslam change his fortunes?

The 68-year-old Haslam owns the Cleveland Browns in the NFL and the Columbus Crew in the MLS. So far, it’s been a mixed bag for Haslam, as the Browns have had a 55-113-1 record since he took over in 2012. The Crew, on the other hand, won the MLS Cup in 2020, a year after Haslam took over.

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Matthew Dugandzic
MATTHEW DUGANDZIC

Matthew finished his bachelor's degree in Economics (Management) at the University of Split and got his master's degree in the same field at the University of Zadar. Whether it is playing the game as an undersized 6'3'' power forward or simply watching it, Matthew can't get enough of it. After all, he has been an avid NBA fan since the 2000s. But don't get him wrong, as Matthew still loves the old-school NBA and is a true student of the game. From on-court moments to off-court stuff, whether it's about the stars of modern-day basketball or legends of the game, Matthew covers every category of the NBA world and basketball in general, as long as it makes for an engaging and exciting story.