Apr 21, 2014 7:14 PM EDT
If a deal to build a new arena is not in place by November 2017, the NBA has the right to buy back the Milwaukee Bucks from incoming owners Wesley Edens and Mark Lasry.
Sources told ESPN.com that the sale agreement announced last week to transfer the Bucks from longtime owner Herb Kohl to Edens and Lasry for a purchase price of $550 million includes a provision that allows the league to buy back the team for $575 million.
This provision ensures that the NBA would control the fate of the franchise from that point as opposed to Edens and Lasry.
Edens and Lasry agreed last week to pay a league-record $550 million to Kohl for the Bucks and promised to contribute an additional $100 million toward a new arena.
Apr 20, 2014 4:41 AM EDT
Wesley Edens and Marc Lasry, prospective owners of the Milwaukee Bucks, acknowledged that they will be inheriting a franchise with the worst record in the NBA, a small market and the need for a new arena.
"First of all, I love underdogs, and I think Marc loves underdogs. The notion of buying into a team at this time in some respects is perfect. There is no doubt there is a tremendous fan base in Milwaukee and in the Wisconsin area for sports. All you have to do is look at the attendance figures for the Brewers. Go to a Packers game. There is no doubt there is a huge fan interest for it. We just have to create a product that everybody is excited about...In the NBA you can become competitive in a very short time if you get the right people in charge and you get the right players on the court playing the right way. I think it's a great opportunity."
"I agree with Wes," said Lasry. "Part of this for us, you can only go up, right? If you look at this, if we do the right things. If we pick the right players. If everything works the way hopefully it will and we can follow the model of San Antonio or the (Oklahoma City) Thunder. I think, look, all everybody wants is the same thing we do. Everybody just wants a winner.
"If you're winning, people show up. If you're losing, people get discouraged."
Apr 17, 2014 12:30 PM EDT
The San Antonio Spurs finished the 13-14 regular season with the best efficiency differential in the NBA with a mark of +8.1. The Spurs scored 110.5 points per 100 possession while allowing 102.4 points per 100 possessions.
The Los Angeles Clippers ranked second, followed by the Oklahoma City Thunder, Miami Heat and Golden State Warriors.
The Indiana Pacers, Houston Rockets, Portland Trail Blazers, Toronto Raptors and Phoenix Suns round out the top-10.
Click here for the full list.
Apr 16, 2014 12:38 PM EDT
Herb Kohl has reached a deal to sell the Milwaukee Bucks to Wesley Edens and Marc Lasry for $550 million.
Kohl made keeping the Bucks in Milwaukee a condition of the sale.
Edens and Lasry are hedge fund billionaires.
Apr 15, 2014 10:54 PM EDT
The Milwaukee Bucks have signed Chris Wright to a multi-year contract, the team announced Tuesday.
Wright had signed two 10-day contracts with the Bucks.
Wright has averaged 6 points and 2.1 rebounds in seven games with Milwaukee.
Apr 05, 2014 12:20 PM EDT
The Milwaukee Bucks will sign Chris Wright to a 10-day contract, a league source tells RealGM.
Wright has averaged 19.8 points, 8.1 rebounds, 2.3 assists and 1.4 blocks in 41 games this season in the D-League with the Maine Red Claws.
Wright played collegiately at Dayton.
Apr 05, 2014 12:17 PM EDT
The Milwaukee Bucks won't sign guard D.J. Stephens to a second 10-day deal, sources tell RealGM.
Stephens will scan his other options in the NBA and overseas.
Stephens appeared in three games with the Bucks, averaging 2.3 points and 1.7 rebounds in 4.9 minutes.
Apr 05, 2014 1:04 AM EDT
Larry Sanders will abide by the terms of his five-game suspension for violating the NBA/NBPA anti-drug program, but defends marijuana for its medical benefits.
“It’s something I feel strongly about, just to let you know something personal about me,” Sanders told NBA.com and the Milwaukee Journal-Sentinel prior to the Bucks’ game against Chicago at United Center Friday. “I will deal with the consequences from it. It’s a banned substance in my league. But I believe in marijuana and the medical side of it.
“I know what it is if I’m going to use it. I study it and I know the benefits it has. In a lot of ways we’ve been deprived. You can’t really label it with so many other drugs that people can be addicted to and have so many negative effects on your body and your family and your relationships and impairment. This is not the same thing.”
Sanders’ suspension means he has failed three tests in his career.
Sanders said he was out for the rest of the season, which could push his suspension to the start of the 14-15 season.
Sanders views marijuana as similar to drinking alcohol.
“The great thing about that idea is that, then you could get prescribed for it and see a doctor and they could tell you,” he said. “You don’t have to self-medicate, you don’t have to over-medicate ourselves. Y’know, because we don’t know now. We can’t diagnose ourselves.
“Once it becomes legal … you sit down with a doctor and [he says], ‘You may need this three times a day. This dosage here.’ And you don’t over-medicate. It [addresses] those needs medically that you need. It’s natural.”
Apr 04, 2014 2:03 PM EDT
Larry Sanders has been suspended five games without pay for violating the NBA's anti-drug policy, the league announced Friday.
Sanders' suspension will begin with the next NBA regular season game for which he is eligible and physically able to play.
Sanders has been sidelined since early February due to an eye injury.
Mar 31, 2014 12:15 AM EDT
The Milwaukee Bucks (14-59) are ahead of the Philadelphia 76ers (16-57) for the worst record in the NBA and the most lottery balls to receive the No. 1 overall pick in the NBA Draft.
Larry Drew discussed his approach to try to win despite an injury-depleted lineup down the stretch, without Larry Sanders, Ersan Ilyasova, O.J. Mayo, Nate Wolters and Carlos Delfino.
"With all sincerity, I don't (react to that)," Drew said. "I go out and coach these games to try to win. I don't look at where we are or what our season is about right now. My job is to get these gentlemen ready to play every single night and to play hard. Given what our situation is, it's easy to play the season out.
"But we're not going to do that. We're going to try to step out on the floor and be competitive the whole time we're out there. Wherever we end up, that's where we end up. But we are not under any circumstance going to go out there and fold the tent.
"I know people are looking at the future, as far as the draft is concerned. They've already got their eyes pinpointed on players of the future. And that's normal. I don't fault them at all for that. But I just let it be known I don't pay too much attention to that. I just go out and try to coach this team, and wherever we end up, that's where we are."
Milwaukee Bucks Archives
Ersan Ilyasova received a recommendation that he should immediately rest and rehab for a period of time instead of having surgery.
D.J. Stephens will join the Bucks on Wednesday, league sources told RealGM.
Andrew Bogut credits the coaching of Scott Skiles during his tenure with the Bucks.
Nate Wolters has averaged 7.2 points, 3.2 assists and 2.6 rebounds while playing 22.6 minutes per game.
Larry Sanders anticipates a strong offseason in which he hopes to increase his strength.
Mar 17, 2014 | Antetokounmpo
The Raptors "tried frantically" to acquire a top-15 pick in last June's draft in order to select Giannis Antetokounmpo.
D.J. Stephens has a 46-inch vertical leap and played for the Heat and Mavericks in Summer League.
Chris Wright averages 19.5 points and 8.1 rebounds per game in the D-League.
O.J. Mayo has been suspended one game without pay for forcibly striking Greg Stiemsma in the throat.
Ersan Ilyasova will serve his suspension Friday.
Kareem Abdul-Jabbar was the first overall pick in the 1969 NBA Draft by the Bucks and he led the team to the 1971 championship.
Tony Mitchell is averaging 19.4 points in the D-League with the Fort Wayne Mad Ants.
Caron Butler has agreed to sign with the Thunder.
The Thunder, Heat, Spurs and Bulls will pursue Caron Butler.
Feb 26, 2014 | Marc Stein/ESPN
Caron Butler is expected by many to sign with the Heat once he clears waivers.
Caron Butler was acquired by the Bucks via trade in the offseason.
Gary Neal signed with the Bucks in the offseason after becoming a key rotational player for the Spurs.
The Bucks have steadily progressed with several teams in discussions on a trade of Gary Neal, a league source told RealGM.
David Kahn is the former general manager of the Wolves.
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Gary Neal would prefer a trade to a competitive team.
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