Bucks eye Vegas, Seattle without new arena — report

0

MILWAUKEE: Las Vegas or Seattle could become the new home of the NBA’s Milwaukee Bucks if taxpayer funding for half the cost of a new arena isn’t quickly approved by lawmakers. Bucks president Peter Feigin told lawmakers that the NBA would look to relocate the team to one of those two cities without public funding for half of a proposed $500 million (456 million euros) arena so construction can start this year, the Milwaukee Business Journal reported. Feigin said a clause in the purchase deal for the team by a new ownership group 14 months ago for $550 million allowed the league to buy back the club for a $25 million profit unless a new arena was in the works by October or November.

Advertisements

AFP

Share.
loading...
Loading...

Please follow our commenting guidelines.

Comments are closed.