Ulysses “Junior“ Bridgeman attends Day 2 of 2023 Invest Fest at Georgia World Congress Center on August 27, 2023 in Atlanta, Georgia.
Businessman and former NBA player Ulysses Lee "Junior" Bridgeman is buying a 10% stake in the Milwaukee Bucks, according to three sources familiar with the deal.
The transaction will value the team at $4 billion.
NBA owners will be notified of the sale in a memo Thursday, added the sources, who asked to remain anonymous because the details of the deal are not public.
Bridgeman and the Bucks did not immediately respond for comment.
Persons:
Ulysses “, “ Bridgeman, Ulysses Lee, Junior, Bridgeman, Ebony
Organizations:
Invest, Georgia World, Center, NBA, Milwaukee Bucks, Bucks
Locations:
Atlanta , Georgia