9 years to earn 3 billion! The owner of the Bucks sold the team’s shares at a valuation of 3.5 billion and made 3 billion in 9 years! The owner of the Bucks sold the shares of the team at a valuation of 3.5 billion
According to a report by the well-known NBA reporter Shams, the owner of the Bucks Mark Lasry sold the shares of the team to the football team Cleveland Browns at a valuation of 3.5 billion
It is worth mentioning that in April 2014, , Lasley acquired the Bucks from Herb Kerr for US$550 million and became the team owner.
According to reports, $3.5 billion is also the second-highest acquisition valuation in the NBA, second only to Matt Ishbia’s $4 billion purchase of the Suns some time ago.
The Bucks currently have a 14-game winning streak, which is also the longest winning streak in the NBA.
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