Well, if Milwaukee loses the Bucks to Seattle
Very unlikely to happen.
The contract for the Bucks sale says that, if they don't get a new arena by the time their lease expires in 2017, the league will buy the team for $50m more than what the new owners paid Herb Kohl for it.
Given that Commissioner Silver pushed hard to keep the Kings in Sacramento, I figure that Milwaukee will be given ample opportunity to keep the team before the league sells them to, say, a group in Seattle or Vegas.
This post was edited on 4/22 at 9:24 am