The Cleveland Browns owners now own a major portion of the Milwaukee Bucks.
The Cleveland Browns ownership duo of Jimmy and Dee Haslam now own a major portion of the Milwaukee Bucks, purchasing about 25% of the team from former minority owner Marc Larsy. The Bucks were sold in 2014 for $550 million, split between Larsy and Wes Edens, so Larsay made a pretty penny on the sale.
The Haslams will now own portions of three sports franchises, the Browns, obviously, the Bucks, and the MLS Columbus Crew. The Haslams bought the Browns in 2012, and the Crew in 2019. While the Browns have struggled to find consistent success since the Haslams bought them, the Crew and Bucks have done far better.
The Crew is 45-43-37 in the four seasons since the Haslams bought the team, even winning the MLS Championship in 2021. The Bucks, while they weren’t owned by the Haslams at the time, did win the NBA Championship in 2021. Though a lot of their pieces are going to be free agents this year, like Brook Lopez. Khris Middleton may also be a free agent if he opts out of his contract.
So the Bucks may be in for some lean years ahead should they not be able to replace or upgrade several key spots around superstar Giannis Antetokounmpo.
The Haslams have an uneven record as sports owners
The Haslams inherited a decent Crew team, and are now a championship-winning Bucks squad. Their work with the Browns, however, should leave many people worried about the future of all three franchises.
It’s very likely that Jimmy leaves the Bucks and Crew alone, and focuses all of his attention on the Browns but it’s also very likely that Jimmy won’t leave either squad alone if his work with the Browns is any indication.
If Jimmy starts meddling with the Bucks as he’s done with the Browns, Milwaukee fans are going to be in a lot of trouble, and we’re speaking from experience.