Three tweets from @BillSimmons
Hearing the Milwaukee Bucks are very VERY close to being sold pending league approval. Might be done already. PS: Not to the Seattle guys.
The NBA has been helping Herb Kohl quietly shop the Bucks around w/o letting it turn into a stay-or-leave soap opera.
NBA would rather see Bucks stay in Milwaukee but a new arena has to be part of it. Franchise alone will go for 525-550 mill.
Should MU be very, very concerned about this?
Quote from: Wade for President on April 05, 2014, 11:31:43 AM
@BillSimmons
Hearing the Milwaukee Bucks are very VERY close to being sold pending league approval. Might be done already. PS: Not to the Seattle guys.
Should MU be very, very concerned about this?
No. The NBA is helping Herb find a group that will keep the team in Milwaukee. Also, at the rumored prices of $525-$550M, that has to include a new arena.
Quote from: Chili on April 05, 2014, 11:32:48 AM
No. The NBA is helping Herb find a group that will keep the team in Milwaukee. Also, at the rumored prices of $525-$550M, that has to include a new arena.
No guarantees on what potential new ownership would do.
(http://cdn0.dailydot.com/uploaded/images/original/2014/1/7/its-happening-ron-paul-gif.gif)
Staying in MKE with a new arena would be a great win for MU.
I haven't lived in Wisconsin for 25 years, but is the BC only used by the Buck and MU?
Does Milwaukee still have the Admirals? If so, where do they play?
Quote from: NCMUFan on April 05, 2014, 11:38:24 AM
I haven't lived in Wisconsin for 25 years, but is the BC only used by the Buck and MU?
Does Milwaukee still have the Admirals? If so, where do they play?
Admirals play at the Bradley Center as well.
Quote from: Wade for President on April 05, 2014, 11:34:54 AM
No guarantees on what potential new ownership would do.
Kohl as said repeatedly he won't sell it to anyone who will move the team.......I'm sure any commitment to remain here will be contingent on a new arena being built.
Rumor has it that Junior Bridgeman will be involved
I think staying in MKE is probably a condition of sale, as Kohl has been unequivocal about that and is still in a position of relative power. A year or two out, maybe not. Kind of doubt the league is helping his cause though.
Quote from: MuMark on April 05, 2014, 11:41:53 AM
Kohl as said repeatedly he won't sell it to anyone who will move the team.......I'm sure any commitment to remain here will be contingent on a new arena being built.
Rumor has it that Junior Bridgeman will be involved
Howard Starbucks repeatedly said he wouldn't sell to anyone who would move the team. After one lame duck season the Sonics were the Thunder
According to the pictures in the hallways Ricky Martin and the Dixie chicks were also there at one time...
I see it working out fine for MU either way. If the Bucks stay, they get a new arena, and we get to play in a state-of-the-art facility. If they leave, we still get to play in one of the nicest college arenas in the country as the main tenant, with more flexibility for scheduling and Sat. night games.
Quote from: Litehouse on April 05, 2014, 11:45:19 AM
I see it working out fine for MU either way. If the Bucks stay, they get a new arena, and we get to play in a state-of-the-art facility. If they leave, we still get to play in one of the nicest college arenas in the country as the main tenant, with more flexibility for scheduling and Sat. night games.
If they build a new arena, is it guaranteed that we would get to play there? I hope so, I'm just curious.
Quote from: Wade for President on April 05, 2014, 11:31:43 AM
Three tweets from @BillSimmons
Hearing the Milwaukee Bucks are very VERY close to being sold pending league approval. Might be done already. PS: Not to the Seattle guys.
The NBA has been helping Herb Kohl quietly shop the Bucks around w/o letting it turn into a stay-or-leave soap opera.
NBA would rather see Bucks stay in Milwaukee but a new arena has to be part of it. Franchise alone will go for 525-550 mill.
Should MU be very, very concerned about this?
Forbes has the Bucks as the least valuable NBA franchise @ $405 million. http://www.bucksketball.com/2014/01/forbes-bucks-are-the-least-valuable-team-in-the-nba/
If Kohl gets over $500 million, that's a huge coup. Plus, there's no way that includes a new arena. There's too much ambiguity regarding an arena as of now. No investor would come in and pay an extra $100 million without any arena plans. That's just ludicrous.
No, 50 cent for a Tupac of M & Ms - that's Ludacris!
now is the time to sell...different press outlets have been on this for a while. bucks are the only team for sale right now driving their value up higher than ever before.
i'm thinking we should get a tax payer funded arena built first to increase the value of the team before selling though.
Quote from: Buzz'sBS on April 05, 2014, 11:47:19 AM
If they build a new arena, is it guaranteed that we would get to play there? I hope so, I'm just curious.
Any stadium would require beaucoup public dollars, so almost assured MU would be a tenant.
Is the idea that the Pottawatomie Casino building an arena in the valley attached to their hotel still a possibility?
Quote from: avid1010 on April 05, 2014, 11:59:42 AM
now is the time to sell...different press outlets have been on this for a while. bucks are the only team for sale right now driving their value up higher than ever before.
i'm thinking we should get a tax payer funded arena built first to increase the value of the team before selling though.
Absolutely...tax payer funded. Always a great idea. Put it up for vote, let the people decide
I don't think the bucks will move. Kohl's number 1 priority has been to keep them here otherwise not sell them. Obviously anything could happen but I don't see them going anywhere. Lots of speculation had hopes of Mark Antanassio, the Brewers owner, being involved in the new ownership group. He has turned a poor run franchise of the brewers into a real well-run franchise. If he is involved with the bucks, they will be headed in the right direction. I myself would actually prefer an NHL team instead of them, but I guess the bucks being here and maybe getting a new arena would help Marquette. So, whatever's best for Marquette in this situation I'm all for.
Quote from: avid1010 on April 05, 2014, 11:59:42 AM
now is the time to sell...different press outlets have been on this for a while. bucks are the only team for sale right now driving their value up higher than ever before.
i'm thinking we should get a tax payer funded arena built first to increase the value of the team before selling though.
I read on JSOnline that Kohl wanted to put his own money towards a new stadium. The article indicated he would put up some of the money and see how people voted on the tax referendum for funding a new arena. With the capital raised from selling the Bucks, especially @ 500+ million (if that number is true) then I would think that he would build a new facility with his money, much like the Bradley's. I don't see SE Wisconsin voting for a sales tax increase to support the Bucks especially with their poor record. The public image of the Bucks is very negative as is a new sales tax supporting them. Recently, I have seen more positive publicity supporting a new arena, describing it as it is a haven for the "Arts" - concerts, etc. It seems that the publicity machine is diverging from the negative connotation that the Bucks bring. Their focus seems to be on concerts, political gatherings, and large conferences ( I believe there's talk that local Milwaukee Mayor Tom Barrett would like the DNC convention to come to Milwaukee). The Bradley Center isn't big enough for a DNC convention, so this will come into justification as well. MU will be used in conjunction at some point as another reason we need a new facility.
Herb Kohl is 79, and has no heirs. If the referendum isn't passed, I could see him footing the bill, especially if he rakes in 1/2 billion for the Bucks. The question is.... what would he call the place with Kohl Center in Madison?
Looking at a list of Metropolitan areas in the US larger than Milwaukee AND don't have an NBA team:
Seattle
Riverside, CA
San Diego
St Louis
Tampa
Baltimore
Pittsburgh
Kansas City
Columbus
Las Vegas
Cincinnati
Only two metro markets smaller than Mil have NBA teams: OKC and New Orleans
Wait, Kohl has no kids?
As for the arena being too small for the DNC, I don't think that is true. Staples Center had the convention. Hotel space might be more an issue.
Quote from: ChicosBailBonds on April 05, 2014, 12:29:23 PM
Wait, Kohl has no kids?
Nope, no wife, no kids, nothing. I could see him wanting to leave his legacy as leaving lots of money to build a new stadium. Kohl Center East.
Quote from: NCMUFan on April 05, 2014, 11:38:24 AM
I haven't lived in Wisconsin for 25 years, but is the BC only used by the Buck and MU?
Does Milwaukee still have the Admirals? If so, where do they play?
BC used to have to the soccer team as well..... Milwaukee Wave, but they're going through financial issues and are moving to a different league. Otherwise, they have big name concerts, monster trucks, etc.
We need to keep the Bucks here. The NBA has gone global with offices in at least 15 foreign countries. That puts Milwaukee's name out there abroad, which is important to future economic growth in the city. I read a very good article on this I will have to try to find and link here.
Not to mention that if the Bucks are successful, basketball is elevated in the eyes of everyone. That excitement carries over to MU as well. I remember very well in the early 70's with Jabbar playing here as well as Al at MU. Heyday for hoops in the city.
I want to keep the Bucks around, because I like basketball. However, I sometimes wonder if MU would get stronger support from the casual local fans if the Bucks weren't here. Similar to Louisville. A lot of individuals and businesses that have Bucks tickets might be more interested in getting MU tickets if the Bucks weren't around. It's one less thing competing for sports fans attention and time/money.
Quote from: brandx on April 05, 2014, 01:22:41 PM
We need to keep the Bucks here. The NBA has gone global with offices in at least 15 foreign countries. That puts Milwaukee's name out there abroad, which is important to future economic growth in the city. I read a very good article on this I will have to try to find and link here.
Not to mention that if the Bucks are successful, basketball is elevated in the eyes of everyone. That excitement carries over to MU as well. I remember very well in the early 70's with Jabbar playing here as well as Al at MU. Heyday for hoops in the city.
Those days are gone with the new structure out there. NBA players don't want to play in Milwaukee, Cleveland, etc. Players drafted, can't wait to get out. Just the nature of the beast.
If the Bucks leave, which I highly doubt they will, hoops will have revolve around Marquette. Just as in Louisville it does with the Cardinals, or Omaha with Creighton, St. Louis with SLU, etc. Plenty of cities doing just fine without the NBA, NFL, MLB, etc. I know it stings sports fans and there is this sense the city takes a blow, but Seattle is doing just fine without the Sonics. LA without a football team. Miami is no better with a baseball team. Cities survive just fine, it's the ego part that people have a tough time getting over.
Let the people vote.
Quote from: ChicosBailBonds on April 05, 2014, 12:29:23 PM
Wait, Kohl has no kids?
As for the arena being too small for the DNC, I don't think that is true. Staples Center had the convention. Hotel space might be more an issue.
it's apparently a combination of a lot of reasons why MKE couldn't land it.
Milwaukee was out of the running before the bids even happened according to the Milwaukee Business Journal. Requirements of 100 skyboxes and the need to have control of the venue two months before the convention put Milwaukee out of the picture.
Some additional requirements are:
At least 200,000 square feet of indoor work space for the media in immediate proximity to the convention facility;
At least 200,000 square feet of outdoor, paved space close to the facility for satellite trucks and other equipment, along with another 180,000 square feet in the immediate proximity for staging of at least 250 vehicles;
A commitment of at least 17,000 full-service hotel rooms and 1,000 suites within 30 minutes of the convention facility. Participating hotels must commit 80 percent of their rooms and 100 percent of meetings and convention space to the convention;
At least 250 buses for the exclusive use of the convention. Buses should have a "clean air" component;
Reserved, 24-hour parking space for at least 5,000 vehicles adjacent to the convention complex.
- See more at: http://www.demconwatchblog.com/tag/2016%20Democratic%20National%20Convention#sthash.HLIRPoT6.dpuf
Quote from: ChicosBailBonds on April 05, 2014, 12:29:23 PM
Wait, Kohl has no kids?
As for the arena being too small for the DNC, I don't think that is true. Staples Center had the convention. Hotel space might be more an issue.
Kohl has a lifestyle that precludes a wife.
Quote from: mugrad2006 on April 05, 2014, 01:43:40 PM
Kohl has a lifestyle that precludes a wife.
I know...I was being sarcastic before
Quote from: ChicosBailBonds on April 05, 2014, 12:29:23 PM
Wait, Kohl has no kids?
As for the arena being too small for the DNC, I don't think that is true. Staples Center had the convention. Hotel space might be more an issue.
This is the same for NEA. Used to be only seven or so cities in rotation (due to the lack of hotel rooms in other cities), but a few more venues in different cities recently.
Since 2003 and projected til 2019: Chicago, Washington D.C. x3, New Orleans x2, Philadelphia, Los Angeles, San Diego, Minneapolis, Orlando x2, Denver, Boston, Houston, Atlanta.
When I was with Majerus a couple of years ago, I went out to eat with him, Rich Chaifetz, and a few others. Rick told me that Chaifetz was really interested in buying the Bucks but Kohl was unwilling to sell at that point. Rich is a great guy, has some big money, and he lives in Chicago. I'm sure he would want to keep the Bucks in Milwaukee and he would want to build a winner. I think he would be willing to use additional money to build something in Milwaukee!
He would be a good owner in my opinion. He put an offer on the St. Louis Rams several years ago as well.
Quote from: GoldenEagle2002 on April 05, 2014, 12:35:10 PM
Nope, no wife, no kids, nothing. I could see him wanting to leave his legacy as leaving lots of money to build a new stadium. Kohl Center East.
Most gay men don't have a wife.
Quote from: 77ncaachamps on April 05, 2014, 12:26:23 PM
Looking at a list of Metropolitan areas in the US larger than Milwaukee AND don't have an NBA team:
Seattle
Riverside, CA
San Diego
St Louis
Tampa
Baltimore
Pittsburgh
Kansas City
Columbus
Las Vegas
Cincinnati
Only two metro markets smaller than Mil have NBA teams: OKC and New Orleans
Eh...don't we have Memphis beat too?
Quote from: source? on April 05, 2014, 02:24:39 PM
Eh...don't we have Memphis beat too?
I don't know the numbers, but I would think not. Memphis is bigger than you think.
Please tell me how you know Herb Kohl is gay?
Quote from: Chili on April 05, 2014, 02:07:21 PM
Most gay men don't have a wife.
Quote from: Gato78 on April 05, 2014, 02:38:41 PM
Please tell me how you know Herb Kohl is gay?
http://www.nndb.com/people/274/000032178/
Quote from: 77ncaachamps on April 05, 2014, 12:26:23 PM
Looking at a list of Metropolitan areas in the US larger than Milwaukee AND don't have an NBA team:
Seattle
Riverside, CA
San Diego
St Louis
Tampa
Baltimore
Pittsburgh
Kansas City
Columbus
Las Vegas
Cincinnati
Only two metro markets smaller than Mil have NBA teams: OKC and New Orleans
This is the exact reason I would bet serious money that the NBA is doing everything it can to help keep the Bucks in Milwaukee. Seattle's hunger for a team and their organized advocacy is the NBA's best asset to pressure low-value franchises to build new arenas and otherwise support the NBA. Seattle's value to the league without a team is greater than its value to the league with a team - that's why the Sonics moving to OKC was a coup for Stern, and its why he's hated in Seattle for his role in helping the OKC deal along.
If the Bucks were to move to Seattle, there is no clear next city in that list to step up and create enough demand to pressure current NBA cities. The California and Florida cities are too apathetic (see the Heat's draw in MIA). Most of the remaining are rust belt cities (Milwaukee included if the Bucks left) that would require a huge marketing campaign to try to create enough demand for a team to threaten current low-value NBA franchises.
If and when Seattle gets a team, they will likely either (i) move from a city that will be equally pissed/organized as Seattle when they lost the Sonics or (ii) an expansion team after the NBA has fermented demand for a team in another major city.
Quote from: MUBurrow on April 05, 2014, 02:58:07 PM
This is the exact reason I would bet serious money that the NBA is doing everything it can to help keep the Bucks in Milwaukee. Seattle's hunger for a team and their organized advocacy is the NBA's best asset to pressure low-value franchises to build new arenas and otherwise support the NBA. Seattle's value to the league without a team is greater than its value to the league with a team - that's why the Sonics moving to OKC was a coup for Stern, and its why he's hated in Seattle for his role in helping the OKC deal along.
If the Bucks were to move to Seattle, there is no clear next city in that list to step up and create enough demand to pressure current NBA cities. The California and Florida cities are too apathetic (see the Heat's draw in MIA). Most of the remaining are rust belt cities (Milwaukee included if the Bucks left) that would require a huge marketing campaign to try to create enough demand for a team to threaten current low-value NBA franchises.
If and when Seattle gets a team, they will likely either (i) move from a city that will be equally pissed/organized as Seattle when they lost the Sonics or (ii) an expansion team after the NBA has fermented demand for a team in another major city.
Vegas really wants a team, but Stern would never allow them to have one. Silver may be different.
Now is the time to sell; lets not forget what a top pick can add to the value of the franchise too- might be another reason they are lookin at 100 mil higher than Forbes value- a player like lebron, Irving, durant, etc can add significant value to a franchise
Quote from: ChicosBailBonds on April 05, 2014, 12:16:10 PM
Absolutely...tax payer funded. Always a great idea. Put it up for vote, let the people decide
steal a page out of bush's deal with the rangers and ride off into the sunset.
Quote from: Gato78 on April 05, 2014, 02:38:41 PM
Please tell me how you know Herb Kohl is gay?
I can remember my dad telling me that Kohl would take his buddies into the locker room of the Bucks when Nellie was there. Nellie would have none of it, because he knew "why" they were there. I'm not sure how much of that had a role in Nellie's departure from the Bucks or if it's even that true.
Quote from: MikeDeanesDarkGlasses on April 05, 2014, 12:24:13 PM
I read on JSOnline that Kohl wanted to put his own money towards a new stadium. The article indicated he would put up some of the money and see how people voted on the tax referendum for funding a new arena. With the capital raised from selling the Bucks, especially @ 500+ million (if that number is true) then I would think that he would build a new facility with his money, much like the Bradley's. I don't see SE Wisconsin voting for a sales tax increase to support the Bucks especially with their poor record. The public image of the Bucks is very negative as is a new sales tax supporting them. Recently, I have seen more positive publicity supporting a new arena, describing it as it is a haven for the "Arts" - concerts, etc. It seems that the publicity machine is diverging from the negative connotation that the Bucks bring. Their focus seems to be on concerts, political gatherings, and large conferences ( I believe there's talk that local Milwaukee Mayor Tom Barrett would like the DNC convention to come to Milwaukee). The Bradley Center isn't big enough for a DNC convention, so this will come into justification as well. MU will be used in conjunction at some point as another reason we need a new facility.
Herb Kohl is 79, and has no heirs. If the referendum isn't passed, I could see him footing the bill, especially if he rakes in 1/2 billion for the Bucks. The question is.... what would he call the place with Kohl Center in Madison?
i don't think milwaukee has near the hotel rooms needed for the dnc-one of their big draw backs to be seen as a mecca for conventions. the people of milwaukee will agree to a new tax on a stadium? some are still pissed off about the 0.1 of 1% tax for miller park and that place has been highly successful and welcomed with a decent team. the milwaukee bucks? not so much
Quote from: SonofPianoMan on April 05, 2014, 01:42:34 PM
it's apparently a combination of a lot of reasons why MKE couldn't land it.
Milwaukee was out of the running before the bids even happened according to the Milwaukee Business Journal. Requirements of 100 skyboxes and the need to have control of the venue two months before the convention put Milwaukee out of the picture.
Some additional requirements are:
At least 200,000 square feet of indoor work space for the media in immediate proximity to the convention facility;
At least 200,000 square feet of outdoor, paved space close to the facility for satellite trucks and other equipment, along with another 180,000 square feet in the immediate proximity for staging of at least 250 vehicles;
A commitment of at least 17,000 full-service hotel rooms and 1,000 suites within 30 minutes of the convention facility. Participating hotels must commit 80 percent of their rooms and 100 percent of meetings and convention space to the convention;
At least 250 buses for the exclusive use of the convention. Buses should have a "clean air" component;
Reserved, 24-hour parking space for at least 5,000 vehicles adjacent to the convention complex.
- See more at: http://www.demconwatchblog.com/tag/2016%20Democratic%20National%20Convention#sthash.HLIRPoT6.dpuf
http://fox6now.com/2014/03/05/mayor-barrett-says-milwaukee-out-for-2016-dem-national-convention/
Milwaukee was 1 of 30 cities sent a letter by the DNC to make a bid on the 2016 DNC. Since, it's in summer and Milwaukee has many other events going on that use up resources, Barret decided to not put in a bid.
Quote from: MikeDeanesDarkGlasses on April 05, 2014, 04:00:18 PM
http://fox6now.com/2014/03/05/mayor-barrett-says-milwaukee-out-for-2016-dem-national-convention/
Milwaukee was 1 of 30 cities sent a letter by the DNC to make a bid on the 2016 DNC. Since, it's in summer and Milwaukee has many other events going on that use up resources, Barret decided to not put in a bid.
I doubt Milwaukee would get it anyway. They hardly have the hotel accommodations for an event that large. This has caused larger conventions to leave the city in the past.
Quote from: keefe on April 05, 2014, 11:43:44 AM
Howard Starbucks repeatedly said he wouldn't sell to anyone who would move the team. After one lame duck season the Sonics were the Thunder
Damn West Coast, no Midwestern values!!!!
Quote from: connie on April 05, 2014, 03:05:02 PM
Vegas really wants a team, but Stern would never allow them to have one. Silver may be different.
After the debacle of the all-star game in Vegas, I doubt it. I was there, with the NBA. It was unbelievable and the words at the time were...NEVER.
Quote from: avid1010 on April 05, 2014, 03:42:22 PM
steal a page out of bush's deal with the rangers and ride off into the sunset.
As long as the people get to vote for it, as they did there, I'm fine with it. The people of Arlington voted by a 2 to 1 margin for it. It's the BS backroom dealings that I don't care for. If the people think raising taxes for an arena or stadium is a good idea, then have at it.
Quote from: ChicosBailBonds on April 05, 2014, 12:29:23 PM
Wait, Kohl has no kids?
No. But like Pres. Buchanan he has a traveling companion.
Quote from: MikeDeanesDarkGlasses on April 05, 2014, 03:47:41 PM
I can remember my dad telling me that Kohl would take his buddies into the locker room of the Bucks when Nellie was there. Nellie would have none of it, because he knew "why" they were there. I'm not sure how much of that had a role in Nellie's departure from the Bucks or if it's even that true.
I don't want to question your dad, but I highly doubt Herb Kohl brought a bunch of horned up dudes into the locker room so they could perv on the players. Maybe your dad and Don Nelson believed that's why they were there, but I'm not buying it.
Quote from: MUSF on April 05, 2014, 07:03:20 PM
I don't want to question your dad, but I highly doubt Herb Kohl brought a bunch of horned up dudes into the locker room so they could perv on the players. Maybe your dad and Don Nelson believed that's why they were there, but I'm not buying it.
Why not? We all know that is why female reporters fought so hard for locker room access.
Quote from: MUSF on April 05, 2014, 07:03:20 PM
I don't want to question your dad, but I highly doubt Herb Kohl brought a bunch of horned up dudes into the locker room so they could perv on the players. Maybe your dad and Don Nelson believed that's why they were there, but I'm not buying it.
I never said they were horned up!!! If you think about it logically, it makes sense. Kohl is gay. He has gay friends. He's the owner of the Bucks. Why wouldn't he bring friends into the locker room? I'm sure they asked. Knowing Nellie's personality, it would make sense.
Done deal?
Quote from: MikeDeanesDarkGlasses on April 05, 2014, 07:22:18 PM
I never said they were horned up!!! If you think about it logically, it makes sense. Kohl is gay. He has gay friends. He's the owner of the Bucks. Why wouldn't he bring friends into the locker room? I'm sure they asked. Knowing Nellie's personality, it would make sense.
Ok, then what was the point of this sentence? "Nellie would have none of it, because he knew "why" they were there."
It seems pretty clear that the implication is they were going into the locker room for some salacious purpose.