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Browns Owner Jimmy Haslam in Agreement to Purchase Stake in NBA Team

Cleveland Browns owner Jimmy Haslam has an agreement in place to buy the Milwaukee Bucks for a large amount of money.

Cleveland Browns owner Jimmy Haslam is well on his way to purchasing another professional sports team. According to a report, Haslam Sports Group is in agreement to purchase a stake in the Milwaukee Bucks for a $3.5 billion valuation from Mark Lasry.

If the process becomes complex or will now be the third team that Haslam has ownership within. Other than owning the Browns, the Haslams also have the Columbus Crew.

The Bucks are another small market team, like the other two that Haslam already owns. This could mean well for the Browns, whose owner's net worth is about to go up again. Haslam has a net worth of $4.8 billion according to Forbes.

The Bucks are a recent NBA Championship-winning team and deploy the top player in the league Giannis Antetokounmpo. Both are of value and could definitely be shiny pieces that make the Bucks attractive in the purchase.

The process isn't complete but it looks like the Haslams are well on their way to entering the NBA world.

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