Bucks owner Herb Kohl is seeking new investors, stadium
The Milwaukee Bucks are looking to add to their current ownership group in an effort to bring a new stadium to Milwaukee.
The Associated Press reports that owner Sen. Herb Kohl has announced that he will seek new members to the team’s current ownership group, and said that it was “imperative” that the team build ”a new 21st century sports and entertainment facility in a timely manner.”
NBA commissioner David Stern released a statement in support of Kohl’s request for a new stadium, saying the new building will assure “that the fans of Wisconsin will enjoy NBA basketball and other events in a new state-of-the-art facility.”
The Bucks have played in the Bradley Center in downtown Milwaukee since 1988. It is also home to the Marquette University basketball team.