Browns owner now also owns NBA team

EmSimms89

EmSimms89

Member
Jimmy Haslam and his company Haslam Sports group already own the Cleveland Browns in the NFL and the Columbus Crew based in MLS (Major League Soccer). But now, he's adding to the mix, part ownership of the Milwaukee Bucks of the NBA. Yes you heard that right. He purchased a stake in the Milwaukee Bucks for $3.5 billion dollars. Previous co-owner Marc Lasry, agree to sell his stake in the Bucks to him. This does not mean he ouright owns them, but it seems to be a pretty big stake of the company.

https://twitter.com/i/web/status/1630198378062569473

Source:
www.brownsnation.com

Browns Owners Have Reached An Agreement To Purchase NBA Franchise

Jimmy Haslam and Haslam Sports Group have made yet another acquisition within the sports world. Haslam is the owner of the Cleveland Browns and is
www.brownsnation.com www.brownsnation.com
 
Man, to have that kind of money and to throw it around like that whenever you want has to be nice. Just imagine what people could do with $3.5 billion. And that money is going to one man.
 
That is a lot of money. What percent of the company does he get? There looks to be 3 other owners, including 1% ownership from Aaron Rodgers, but what percentage does he have?

CarlJ said:
Man, to have that kind of money and to throw it around like that whenever you want has to be nice. Just imagine what people could do with $3.5 billion. And that money is going to one man.
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It's crazy. So much good can be done with that kind of money, but it's being used to buy into a product instead. And it's not even an Ohio based team, lame.
 
Figures he'd buy another team, or into another team. I agree he should be focusing on the teams he already owns, to make them even better. But I supposed when you have that kind of money sitting around, you may as well invest it right?
 
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