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Интернет газета

Интернет газета

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MILWAUKEE -- Bucks owner Herb Kohl was well past retirement age and realized it was time to secure the future of the franchise. He had one big caveat for any potential investors: Keep the team in his hometown of Milwaukee. And he found a buyer. The former U.S. senator is banking on New York investment firm executives Marc Lasry and Wesley Edens to follow through after agreeing to sell them the Bucks for about $550 million. The deal is subject to approval by the NBA and its board of governors. "I wasnt going to live forever. Ive approached a time in my life where I have to think about ... how do we think about succession," Kohl, 79, said Wednesday at a news conference in the atrium of the BMO Harris Bradley Center. The deal was announced hours before the team was to play its final game of a dismal season. The first clue that the Bucks were likely staying in town came before Kohl said a word, when Milwaukee Mayor Tom Barrett and County Executive Chris Abele took seats on stage. Kohl had been championing the need for a new arena for years. As efforts to secure investors ramped up in recent months, Kohl said he thought it might be best to sell the team entirely instead of keeping a stake to give the new owners say over new arena construction. Lasry and Edens committed to providing $100 million to help build a new arena. Kohl also announced he would donate $100 million for a new facility. "Milwaukee fans deserve a winning team," Edens said. Kohl bought the Bucks for $18 million in 1985. Kohl, a Milwaukee native whose family owned a chain of department stores, was hailed as a hometown hero. Now local and state officials hope the sale will help shift the public discourse for replacing the Bradley Center, the teams downtown home which opened in 1988. "We should be shouting from the rooftops because this is a game-changer for this entire debate," Barrett said. Edens said he hopes to get a plan for a new arena in a year, and have it built in a couple years. He said he thought about $400 million could be a benchmark for building the facility. Kohl said the subject of the sale would come up at an NBA meeting this week in New York. In a statement, league commissioner Adam Silver praised Kohl for the "historic and unprecedented" $100 million gift to the city to secure the future of the franchise. Kohl used investment banker Steve Greenberg, of Allen & Co., which is regularly involved in sales of sports teams, to help look for investors. There were nine bids which we all vetted through Kohl, according to Greenberg. Lasry and Edens were committed to keeping the team in Milwaukee, Kohl said. Lasry is chairman and chief executive officer of Avenue Capital Group, while Edens is co-founder and a chairman of the board at Fortress Investment Group. Both are based in New York. Edens said his mother was born and raised in Wisconsin, and that both he and Lasry were big basketball fans. The goal over the next five to 10 years was to "bring a championship to this city and try to build ... and become a part of the community," Lasry said. In Madison, Gov. Scott Walker said he was pleased with the deal that will keep the team in Wisconsin, and that he will work with the new ownership team to see how he can help the team "flourish in the state." "I think its a big deal," he told reporters when asked about the sale. The Bucks were an NBA-worst 15-66 entering Wednesday nights game against the Atlanta Hawks. Milwaukee has already set a franchise record for futility. The team was beset by injuries from training camp in coach Larry Drews first season. Center Larry Sanders and guard O.J. Mayo are among the veterans who have been sidelined for long spurts. Brandon Knight has emerged as a scoring point guard, while 18-year-old Giannis Antetokounmpo had a promising first year after being drafted in the first round last year. The Bucks will have another high pick in this years talent-rich draft. And there is more certainty now for the future since the teams prospective new owners appear committed to keeping the team in Milwaukee. Edgar Martinez Jersey .Airport spokeswoman Heather Lissner said that all departing flights were back on schedule. However, arriving flights were still trying to catch up.Super Bowl Sunday got off to an inconvenient start for hundreds of passengers trying to get to Phoenix for the game. Randy Johnson Jersey . According to the sportsbook BoDog, the Stampeders are 8/5 favourites to take home the Grey Cup at Mosaic Stadium in Regina on November 24. http://www.cheapmarinersjerseys.com/?ta ... y.Sinclair, from Burnaby, B.C., led the Canadian team with three goals at the four-nation competition. She also earned tournament most valuable player honours.The Canadian captain scored on a penalty kick in the 63rd minute and added the winning goal a minute later. Jean Segura Jersey . Damyean Dotson, 19, Dominic Artis, 19 and Brandon Austin, 18, were suspended after the school received a police report concerning allegations made by a student who said she was assaulted by the players in early March. Ichiro Suzuki Jersey . -- Damian Lillard couldnt believe when he got a clear look at the rim.MIAMI - Tim Duncan offered a rare acknowledgement: Hes thinking about the end of his career. No, the San Antonio star didnt announce retirement plans during an off day at the NBA Finals on Wednesday. But a player who has almost always declined the chance to discuss his own legacy after 17 seasons in the NBA — all with the Spurs — Duncan provided a glimpse of whats going through his mind as his career is clearly much closer to the end than the beginning. "I think in the last couple years Ive really kind of taken a step back and stopped and enjoyed what the journey means," Duncan said on the eve of Game 4 of these NBA Finals against the Miami Heat, a series that the Spurs lead 2-1. "I think, as it comes to a close on my career — and I know it is — I appreciate it more." The 38-year-old Duncan has been superb so far in this series, averaging 17.7 points on nearly 65 per cent shooting from the floor. If the Spurs win the championship, it would be Duncans fifth crown. Only 13 players in NBA history havve ever been part of more championship series than that.dddddddddddd And if Spurs coach Gregg Popovich knows Duncans exit plans — this year, next year, or otherwise — hes not tipping his hand. "It will probably be the third quarter of some game on the road some year, and hell feel like hes not as significant and hell walk into the locker room," Popovich said earlier in this series. Before the start of this rematch finals against Miami, Duncan — who has an option for next season at just over $10 million, an absolute bargain by NBA standards for someone at his level of production — said hes not thinking about retirement and doesnt even "care about any of that stuff." On Wednesday, he acknowledged that hes savoring these finals, since nothing about the future is ever guaranteed. "I appreciate every game more," Duncan said. "I appreciate every accomplishment, and everything that we get to go through and every experience, knowing that it might be the last time I do it." Cheap Diamondbacks Jerseys Cheap Braves Jerseys Cheap Orioles Jerseys Cheap Red Sox Jerseys Cheap Cubs Jerseys Cheap White Sox Jerseys Cheap Reds Jerseys Cheap Indians Jerseys Cheap Rockies Jerseys Cheap Tigers Jerseys Cheap Astros Jerseys Cheap Royals Jerseys Cheap Angels Jerseys Cheap Dodgers Jerseys Cheap Marlins Jerseys ' ' '


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