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Marc Lasry - 1 Lasry - 1 Aurelien Meunier - 1 Getty - 1
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Search resuls for: "Milwaukee Bucks basketball"


2 mentions found


☆ Billionaire Marc Lasry, who sold his stake in the Milwaukee Bucks, says the next "big opportunity" is in women's sports
  + stars: | 2023-06-07 | by ( Michelle Abrego | ) www.businessinsider.com   time to read: +2 min
The former co-owner of the NBA's Milwaukee Bucks is raising money for a sports fund. Lasry said he would like to go out and buy basketball teams in Africa and potentially Asia. "Women's soccer should go from $50 million to $500 million in the next 10 years," he said. This year, the famed distressed-debt investor agreed to sell his 25% stake in the Milwaukee Bucks basketball team. Lasry also said he would like to go out and buy basketball teams in Africa and potentially Asia.
Persons: Marc Lasry, Lasry, Aurelien Meunier, Getty Organizations: Milwaukee Bucks, Billionaire, Capital, Bloomberg Invest, National Women's Soccer League, Milwaukee Bucks basketball, National Basketball Association Locations: Africa, Asia
☆ Billionaire Marc Lasry, who sold his stake in the Milwaukee Bucks, sees pickleball offering a better return than investment in the NBA
  + stars: | 2023-05-17 | by ( Carla Mozée | ) www.businessinsider.com   time to read: +2 min
Marc Lasry said his investments in pickleball and other upstart sports leagues could offer a higher return than those in NBA teams. The co-founder of Avenue Capital Group bought a pickleball team with tennis star James Blake for $100,000 in 2021. He told Bloomberg TV that the team is now worth $10 million. The co-founder of Avenue Capital Group told Bloomberg Television he believes his investments in pickleball and other upstart sports leagues could offer a higher return than those in NBA teams. This year, the 63-year-old investor agreed to sell his 25% stake in the Milwaukee Bucks basketball team.
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