Basketball News

Former Bucks 6th man Junior Bridgeman buys 10% of the club!

The financial success of Junior Bridgeman is one of the most surprising among former NBA players.

Because if the 70-year-old man compiled 13.6 points, 3.5 rebounds and 2.4 assists on average in 12 seasons in the Major League (ten with the Bucks and two with the Lakers), and his jersey was retired by Milwaukee, he was only a super 6th man during his career, from 1975 to 1987. And never earned more than $350,000 in a season.

Except he quickly invested what he earned in his favorite fast food restaurant, Wendy's, before diversifying.

A 15% discount

As a result, he once owned hundreds of Wendy's and Chili's restaurants, became a major producer of bottles for Coca-Cola, and bought Ebony and Jet magazines.

His fortune is now estimated at 600 million dollars. and according to CNBChe decided to use it to get 10% of the Milwaukee Bucks! The good news for him is that as a former player of the club, he got a 15% discount, with the latest valuations (especially thanks to the arrival of the new TV deal) estimating that the franchise is now worth $4 billion.

Instead of paying $400 million, Junior Bridgeman therefore had to pay “only” $340 million.

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