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re: Cleveland Browns owner buying 25% ownership stake in the Milwaukee Bucks

Posted on 2/27/23 at 11:00 am to
Posted by 805tiger
Member since Oct 2011
4512 posts
Posted on 2/27/23 at 11:00 am to
quote:

3.5 bill for what percent?


The way many articles have worded the deal makes it seem like the Haslams spent $3.5 billion for their stake. I did some more research and it looks like 25% stake in ownership and the Bucks as a whole is worth $3.5 billion. I’ll fix the title…
Posted by ned nederlander
Member since Dec 2012
4325 posts
Posted on 2/27/23 at 11:12 am to
The sale of the pelicans by the nba to Benson really was the steal of the century in the sports world. Think he bought the team for $300,000,000. A 10x return is quite the home run.
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