Jeff Hanisch-USA TODAY Sports
ESPN is reporting that the Milwaukee Bucks will hold a press conference this afternoon to announce the sale of the team.

The Milwaukee Bucks will announce later Wednesday that longtime owner Herb Kohl has reached an agreement to sell the team to hedge-fund billionaires Wesley Edens and Marc Lasry for a purchase price of $550 million, according to sources familiar with the transaction.
Kohl, the longtime U.S. senator, made keeping the team in Milwaukee a condition of the sale.
Filed Under: NBA


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