Former Bucks player Junior Bridgeman buys minority stake in the franchise

Date:

Share post:


MILWAUKEE — Junior Bridgeman played for the Milwaukee Bucks long enough to retire as the team leader in games played and performed well enough that his jersey hangs from the Fiserv Forum rafters.

Now the basketball player-turned-entrepreneur has purchased a stake in the team.

The Bucks announced Bridgeman’s purchase in a news conference that included co-owner Jimmy Haslam, coach Doc Rivers, general manager Jon Horst and most of the team’s current players. Bridgeman said after the news conference he has a 10% stake in the team.

“When this opportunity presented itself, it just felt like a natural thing for me to get a chance to be part — not just in heart — but physically, of the organization going forward,” Bridgeman said.

Bridgeman, 71, played for the Bucks from 1975-84 and again from 1986-87. His 711 career games played for Milwaukee ranks him third in franchise history, behind only current Bucks Giannis Antetokounmpo and Khris Middleton.

He also ranks seventh in Bucks history in field goals made (4,142), ninth in points (9,892) and 10th in minutes (18,054). His No. 2 jersey was retired by the Bucks in 1988.

After his playing career, Bridgeman began investing in restaurants and eventually became owner and CEO of Bridgeman Foods, which operated more than 450 Wendy’s and Chili’s restaurants in 20 states until 2016. He also has been an independent bottler for Coca-Cola. His family owns Ebony and Jet magazines.

He now joins a Bucks ownership group that includes Haslam, Wesley Edens, Jamie Dinan and Mike Fascitelli.

___

AP NBA: https://apnews.com/hub/nba



Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

Argentina's crypto scandal dings Milei, involves strange mix of characters

BUENOS AIRES, Argentina -- Argentine President Javier Milei is facing a corruption probe into his promotion of...

Engineering company settles Flint water lawsuits for $53M but denies any blame for lead crisis

An engineering company has agreed to pay $53 million to settle all remaining lawsuits that accused it...

Ford recalls 240,000 Explorers, Aviators due to faulty seat belt assembly

Ford is recalling about 240,000 Explorer and Lincoln Aviator SUVs due to a problem with seat belt...

Apple drops encryption feature for UK users after government reportedly demanded backdoor access

LONDON -- Apple said Friday it will stop offering an advanced data security option for British users...

January home sales fall as high mortgage rates, prices freeze out would-be buyers

LOS ANGELES -- Sales of previously occupied U.S. homes fell in January as rising mortgage rates and...

Coinbase says SEC has agreed to dismiss case against it, pending commission approval

Coinbase says the Securities and Exchange Commission has dismissed its case against the cryptocurrency platform, pending commission...

UnitedHealth shares dive after report of US investigation into Medicare billing

UnitedHealth Group shares tumbled early Friday on a report that the U.S. Department of Justice has started...

Refugees and their sponsors feel stuck after halt to programs letting communities resettle newcomers

MIAMI -- Refugees had been arriving in the United States at levels unseen in nearly three decades,...