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Bucks looking for additional ownership partners

Courtesy of Bucks.com.
Courtesy of Bucks.com.

(WNFL) - N-B-A Commissioner David Stern has issued a statement of support for Herb Kohl's game-plan to keep the Bucks in Milwaukee.  The 78-year-old Kohl announced yesterday that he'll be looking for additional ownership partners -- all of whom must make a commitment to keep the team where it is.  Kohl said he has retained Steve Greenberg, managing partner of New York's Allen-and-Company, to help him with his search.  There is no timetable for completion.  Kohl said his advanced age is driving the process, saying quote, "I'm not going to live forever."  Several names have been brought out for possible investors.  They include Brewers' owner Mark Attanasio -- Racine native Craig Leipold (ly'-pold), who owns the N-H-L's Minnesota Wild -- former Bucks' star Junior Bridgeman, who owns almost 200 Wendy's restaurants -- health care consultant Jon Hammes -- and businessman Ted Kellner.  Kohl has been the Bucks' sole owner since 1985 -- and he promised to let things play out, even if it means giving up the majority ownership of the team.  The Bucks have 11 winning seasons during Kohl's 28 years as owner, and they've made the playoffs 14 times.  However, Milwaukee has not made it past the first round of the post-season since 2001 when the Bucks made the Eastern Conference Finals.  The Bucks are 5-and-19 during a rebuilding year, but Kohl said he would have had the same intentions if the team was 19-and-5.  

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