CLEVELAND — Cleveland Browns owners Dee and Jimmy Haslam are in talks to buy a minority stake in the NBA’s Milwaukee Bucks, a person familiar with the negotiations told The Associated Press on Friday.
The Haslams, who have explored buying other pro teams in the past, are seeking the 25% share currently held by Marc Lasry, according to the person who spoke on condition of anonymity because of the sensitivity of the situation.
There is no timeline for an agreement or sale, the person said. Sportico was first to report the Haslam Sports Group’s interest in the Bucks.
Lasry and Wesley Edens, both New York investment firm executives, bought the Bucks from former U.S. Sen. Herb Kohl for about $550 million in 2014 with pledges to keep the team in Milwaukee.
The Haslams bought the Browns in 2012, also own the Columbus Crew of Major League Soccer and have been interested in expanding their pro sports portfolio outside Ohio.
The Haslams previously approached the Minnesota Timberwolves about buying them.
.acf-block-preview .br-related-links-wrapper {
display: grid;
grid-template-columns: repeat(2, 1fr);
gap: 20px;
}
.acf-block-preview .br-related-links-wrapper a {
pointer-events: none;
cursor: default;
text-decoration: none;
color: black;
}
