Who Owns the Team Called Awesemo?
The nickname "Awesemo" refers to the NBA's Milwaukee Bucks. The franchise is owned by Wes Edens and Marc Lasry through a group of investors. Edens, a co-founder of Fortress Investment Group, serves as the principal owner and chairman of the team.
How Did They Acquire the Bucks?
Edens and Lasry purchased the Bucks in 2014 for approximately $550 million. The investment group included several limited partners, with the primary goal of modernizing the franchise and its facilities. Their ownership structure is a standard NBA limited partnership model.
What Has the Ownership Group Done Since Buying the Team?
Under this ownership, the Bucks built the Fiserv Forum arena and won the 2021 NBA championship. The group has focused on player development and facility upgrades. For a detailed financial breakdown of the franchise, refer to the latest Forbes valuation report on the Bucks.
