The Milwaukee Bucks have been around for more than 50 years, certainly a well established franchise. But outside of their NBA Championship in 1971, fans have not had much to cheer for throughout the decades. The Bucks made it to the Conference Finals in 2001, but have never gotten out of the first round of the playoffs since. At least in those years when they actually qualified for the post-season. While built in 1988, the Bradley Center was in desperate need of renovation in order to keep up with the modern amenities offered by most other NBA arenas. All these factors seemed to make the Bucks a prime candidate to relocate. Read more about Wes Edens at newfortressenergy.com
Enter Wes Edens. When the hedge fund manager and his group purchased the team in 2014, one of his priorities was to bring a modern arena to Milwaukee to keep the Bucks in the city. One of the biggest challenges was convincing the local population that $250 million in public funds should go toward the cost of building a new arena, which would be the centerpiece for downtown Milwaukee. Wes Edens, along with Bucks President Peter Feigin, lobbied not only citizens, but local and state politicians. They met with many of them, trying to convince them that a new arena would be a benefit to both the city of Milwaukee and the state of Wisconsin. Wes Edens was adamant that without a new arena, the Bucks would have to move.
All the lobbying paid off, and construction began in 2016 on the arena. A new venue, along with a star player on their roster in Giannis Antetokounmpo, generated new excitement for the Bucks. The team sold 10,000 season tickets in 2018, 2,500 more than when Wes Edens bought the club in 2014. On October 19th, 2018, the Bucks played their season opener vs. Indiana at the brand new 17,500 seat Fiserv Forum, built as a basketball exclusive arena. With a state of the art arena and a solid roster, the Bucks are here to stay and become successful.
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