Here is all you need to know about the Milwaukee Bucks’ new owners Jimmy and Dee Haslam, the deal and their net worth
The Milwaukee Bucks have new owners in Jimmy and Dee Haslam. As was previously reported, controlling owner Marc Lasry of the team has opted to sell his stake for an astounding $3.5 billion.
This sale is the second-highest in the NBA, after only the $4 billion purchase of the Phoenix Suns by Matt Ishbia. Marc bought the Bucks from Herk Kohl in 2014 for $500 million. He led the team to success in the NBA and assisted them in taking home the NBA championship.
Who are Jimmy and Dee Haslam new owner of Milwaukee Bucks and what is their net worth 2023
Milwaukee Bucks co-owner Marc Lasry has an agreement to sell his stake in the Bucks to American businessman and Cleveland Browns owner Jimmy Haslam and Haslam Sports Group for a $3.5 billion valuation, sources tell me and @eric_nehm.
— Shams Charania (@ShamsCharania) February 27, 2023
Supporters are curious to learn more about the Haslams as the new owners take over, so, here is all about them, have a look.
Who are the Milwaukee Bucks’ new owners Jimmy and Dee Haslam, deal
League sources and The Athletic claim that Cleveland Browns owner Jimmy Haslam and his Haslam Sports Group have an agreement with Milwaukee Bucks co-owner Marc Lasry to purchase his stake in the team for $3.5 billion.
Haslam will join the ownership group alongside current co-owner Wes Edens after a protracted process that lasted several months and involved multiple negotiations between the parties.
Who are Jimmy and Dee Haslam?
Jimmy serves as the CEO of Pilot Flying J, a chain with more than 800 truck stops. His brother Bill is a billionaire, just like his older brother, and a former governor of Tennessee.
Dee is the daughter of Ross Bagwell, a pioneer in cable television. Dee attended the University of Texas for her B.S. in education and minored in art.
Jimmy and Dee Haslam marriage and children
On December 11, 1977, after a year of dating, the couple got hitched. The couple has three children together: James, Whitney, and Cynthia.
They have spent their entire lives participating in sports and the family company.
They will now be in charge of one of the NBA’s most illustrious teams, the Bucks. They were interested in getting the Minnesota Timberwolves before buying the Bucks.
Jimmy and Dee Haslam net worth
With their most recent accession, Jimmy and Dee Haslam now own two additional franchises in various sports.
Since 2018, they have owned a portion of Columbas Crew of the MLS, and they are the sole owners of the Cleveland Browns of the NFL.
They bought a small investment in the Pittsburgh Steelers, but after taking over the Browns, they had to sell it. The Browns were worth $1 billion when the Haslams bought them; as of right now, they are worth $3.85 billion.
Jimmy’s estimated net worth in 2023 is expected to be around $4.8 billion. A substantial amount of his net worth is attributable to his ownership of the Browns, whose valuation grew in 2022.
His wife Dee’s net worth is said to be approximately $1.8 billion as of 2023. The Haslam family is thought to have a $6 billion net worth, according to Forbes.