Marc Lasry has decided to turn the NBA page since the American billionaire of Moroccan origin has decided to sell his shares in the Milwaukee franchise, bought in 2014 along with Wes Edens.
At the time, the pair paid Herb Kohl $550 million to regain control of the club. From now on, the sale to Jimmy and, his wife, Dee Haslam is made on the basis of a valuation of the franchise estimated at 3.5 billion dollars! The value of the club has therefore been multiplied by six in less than ten years…
Son of Jim Haslam, who had made his fortune in oil, Jimmy Haslam is the president of a huge transport company, Pilot Flying J, whose turnover in 2022 exceeds 40 billion dollars.
In the world of sport, via his holding company Haslam Sports Group, he already owns two franchises: the Cleveland Browns in NFL (American football) and the Columbus Crew in MLS (football), after having initially invested in Pittsburgh. Steelers (NFL) in 2008. His personal fortune is estimated at nearly $5 billion.
Milwaukee Bucks co-owner Marc Lasry is completing the sale of his Bucks stake to Cleveland Browns owner Jimmy Haslam and Haslam Sports Group for a $3.5 billion valuation on Friday, sources tell me and @eric_nehm. https://t.co/JLPL3lQD1t
— Shams Charania (@ShamsCharania) April 14, 2023
