Bucks star Giannis Antetokounmpo becomes part owner of Brewers a month after NBA Finals win
Following within the footsteps of a number of different star athletes, Bucks famous person Giannis Antetokounmpo is moving into the pro sports activities group possession recreation. A month after successful the 2021 NBA Finals MVP and ending Milwaukee Bucks’ 50-year title drought, Antetokounmpo is becoming a member of the Milwaukee Brewers franchise as a minority proprietor.
Brewers chairman and principal proprietor Mark Attanasio, who purchased the group in 2004 from Bud Selig, stays the bulk proprietor of the ballclub whereas Antetokounmpo has bought a minority stake.
The addition of Antetokounmpo to the possession group was introduced at a press convention at American Household Subject at 3 p.m. native time in Milwaukee on Friday. The Brewers tweeted out the following statement:
Giannis Antetokounmpo has joined the Crew!
The 2-time MVP is formally a part of the Milwaukee Brewers possession group. Thanks, Giannis, to your dedication to our group and Milwaukee!
“The Metropolis of Milwaukee means a lot to me,” Antetokounmpo mentioned. “I’m honored to be becoming a member of the Brewers possession group to additional my dedication and dedication to this nice neighborhood. I take nice satisfaction in my metropolis and I am enthusiastic about what we are able to construct collectively.”
Through the press convention, Attanasio identified that Antetokounmpo is the primary new particular person investor added to the possession group since he bought the group. He additionally mentioned there was unanimous assist among the many present members of the possession group so as to add Antetokounmpo.
“We’re honored to have Giannis be part of our group of Milwaukee Brewers buyers,” Attanasio mentioned. “Giannis is a good athlete, a world champion, and a real native hero with worldwide renown.”
When it comes to day-to-day operations, the followers will discover little or no right here. That is an funding on the a part of Antetokounmpo and a fairly rattling good one, given how beneficial baseball franchises are nowadays. Forbes estimates the Brewers worth at $1.22 billion. Attanasio purchased them for an estimated $223 million in 2004.
Some notable previous and current star athletes with possession stakes in Main League Baseball embrace Magic Johnson (former Lakers star who’s now an element proprietor of the Dodgers), Patrick Mahomes (present Chiefs quarterback who additionally has a minority stake within the Royals) and LeBron James has invested in Fenway Sports activities Group, which owns the Boston Red Sox.
The Milwaukee sports activities scene appears a very close-knit group, as Packers quarterback Aaron Rodgers is a part-owner of the Bucks. Additionally, former Brewers pitcher Ben Sheets together with Attanasio are a part of the possession group of the Milwaukee Admirals of the American Hockey League.
https://www.cbssports.com/mlb/news/bucks-star-giannis-antetokounmpo-becomes-part-owner-of-brewers-a-month-after-nba-finals-win/ | Bucks star Giannis Antetokounmpo turns into half proprietor of Brewers a month after NBA Finals win