Back in 2014 Wes Edens and Marc Lasry acquired the Milwaukee Bucks. From day one, the two business partners knew it would be a long journey to take the failing franchise, and turn things around. That said, their persistence has already begun to pay off, with the Bucks boasting the “winningest” record of the 2018-2019 NBA season. Moving forward Wes has expressed interest in prompting fans to actually get up and out of their homes to watch the games. Moving forward they know that it will take small steps, not huge leaps, to fulfill their wishes for the Bucks.
A Wise Investment
As Marc Lasry played in a celebrity basket ball game, Wes Edens reflected on the fact that the team that they purchased for $550 million was now worth an estimated $1.35 billion. A substantial increase in value. This, combined with the brand new Fiserv Forum arena located downtown which has increased attendance, is concrete proof of that the investment was a good one. However, Wes Edens has said that “as you’d expect, went pretty much as we hoped it would.” and that their new GM, Jon Horst, has played a huge role in the new found success of the franchise.
The Future is Now
Both Wes Edens and Marc Lasry have expressed the opinion that despite their five years of good fortune, they have much more they want to do with the franchise. In fact, their plans are so big that they are now undertaking measures to convert the area around Fisery Forum into permanent place for people to live, play, and work. This massive undertaking is a part of their larger goal to take the team itself in a strong new direction.
Planning for Success
Going forward, Wes Edens plans to build a strong team around MVP candidate Giannis Antetokounmpo, and has stated that he doesn’t want to just win one championship, but multiple championships. This is nothing new as both him and Lasry have said from the day they purchased the team that they intend to make it into a championship worthy franchise. Will they be able to accomplish their goals with the Bucks? Time will tell, but they already have a great start.
To know more visit @: www.nba.com/bucks/bio-wesley-r-edens