Bucks co-owner Marc Lasry agrees to sell his team stake to Browns owner

The valuation would be $3.5 billion

Milwaukee Bucks co-owner Marc Lasry has an agreement to sell his stake in the Bucks to Cleveland Browns owner Jimmy Haslam and Haslam Sports Group.

The valuation would be $3.5 billion.

Edens and Lasry bought the Bucks from Herb Kohl in 2014 for $550 million.

The $3.5 billion valuation is the second-highest for an NBA team ever, trailing only the $4 billion Mat Ishbia purchased the Suns for earlier this month, and third-highest for an American sports franchise, behind the Denver Broncos sale last year. https://t.co/p10r3NJ2NV

— Tim Bontemps (@TimBontemps) February 27, 2023