The NBA is rising yearly and the league itself continues to extend in worth, as do the franchises inside it.

The Milwaukee Bucks received the NBA championship title three years in the past. With their latest years of success, the group’s worth started to extend. Consequently, many individuals started to take an curiosity in turning into shareholders of the group, together with a retired Bucks participant.

“Businessman and former NBA participant Ulysses Lee (Junior) Bridgeman is shopping for a ten% stake within the Milwaukee Bucks,” CNBC Sport’s Michael Ozanian stories. “The deal will worth the group at $4 billion.”

Bridgeman performed 10 seasons with the Bucks throughout his 12-year profession. In 711 video games in Milwaukee, the versatile ahead averaged 13.9 factors, 3.7 rebounds and a pair of.5 assists. Recognized for his locker room presence and management, the Indiana native made an impression on each group he performed for, however most notably the Bucks.

After his NBA profession, the savvy entrepreneur made a reputation for himself shopping for quick meals corporations and turning his investments into earnings. A lot in order that the Bucks legend put himself ready to purchase a stake within the possession of his former group, the place his jersey quantity is retired.

Transferring ahead, Bridgeman can have the possibility to remain near the group because the group hopes to return to the NBA Finals quickly.

Extra NBA: Former Bucks lottery decide publicizes retirement to deal with broadcasting

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