Kareem Abdul-Jabbar Wants to Own the BucksBy: Ann Casano - March 20, 2014
The Milwaukee Bucks are 13-55, which makes them 37 games out of first place. The record is also good for worst in the NBA. The team is not constructed well and Larry Sanders, who was supposed to be a beacon of hope on the court, will miss the remainder of the season with injury.
Rumors are spreading around the internet and beyond that owner Herb Kohl, who has toyed with the idea of selling the team for the past several years, is now seriously considering offers to hand off the troubled franchise to someone else. One of the most intriguing names out there is Kareem Abdul-Jabbar. It actually makes perfect sense. The Bucks drafted the NBA legend back in 1969, and the seven-foot center was the main contributor to the team’s only NBA Championship in 1971.
However, it’s no slam dunk for Kareem, who will have to compete with other suitors. Yes, the Bucks are dreadful. Yes, they play in an antiquated arena. Nevertheless, the intrigue of owning an NBA franchise is a very appealing option to the select few who can afford it. The Bucks are considered the least valuable franchise in the league, Forbes estimates their value at $405 million.
A source told The Milwaukee Journal-Sentinel on Tuesday. “There’s a lot of interest in the NBA and this is the only team on the market. There is a considerable amount of interest. It’s safe to say that anybody with the means and interest in the NBA has inquired. A lot of phone calls from around the country.”
There have been no confirmed reports of who Kohl has spoken with and whether he would give up the whole team or sell off parts to minority owners. He has stood firm that the only way he would consider selling the team is if the buyer or buyers agree to keep the squad in Milwaukee.
Kareem has put his name out there as an interested partner. “The team is probably going to change hands soon, I don’t know what’s going to happen specifically, but I’m keeping an eye on it. I might possibly try to be involved, it would be great to be able to help the franchise where, that I worked for, get back to the top. They deserve it, the Wisconsin sports fans are incredible, and they deserve a first-rate team.”
Image via Wikimedia Commons