Milwaukee Bucks President/Owner Herb Kohl Announces Plan to Broaden Team Ownership, Strengthen the Franchise and Keep the Team in Milwaukee
Senator Herb Kohl issued the following statement today
Over the next several months I will be considering broadening the ownership of the Bucks as a way to strengthen the franchise and keep it in Milwaukee. I have retained Steve Greenberg, Managing Director of Allen & Company, as my advisor. I have done business with Allen & Co. for over thirty years and they are a great organization. In the event new investor partners are added, they will need to be as committed to keeping the team in Milwaukee as I am.
In addition to committed ownership, it is imperative that we get to a new 21st century sports and entertainment facility in a timely manner, not only for the Bucks but also for the more than 1.5 million visitors who attend nearly 200 events held there each year.”