The Cleveland Browns haven’t exactly been the standard for a successful sports franchise over the years.
So, it’s only normal to see that several Milwaukee Bucks fans are concerned to know that co-owner Marc Larsy has reportedly agreed to sell his stake to Jimmy Haslam and Haslam Sports Group — which own the Cleveland Browns.
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
Fans rushed to react when The Athletic’s Shams Charania broke the news, and the comments weren’t exactly positive.
— Mike Doocy Fan Account (@DanMcDowel) February 27, 2023
— Brandon Warne (@Brandon_Warne) February 27, 2023
Horrible news for the bucks
— UA Buckeye Fan (@AesculusGlabra_) February 27, 2023
Damn the Bucks ain’t even worth 3.5B 🤣
— Dawg House (@Dawg_Poun) February 27, 2023
First order of business give Josh Primo am outlier of an contract
— Upside Down Circles are Cool (@Piano_tastic) February 27, 2023
Lasry reportedly agreed to sell his stake for $3.5 billion, although Forbes valued the Bucks around $2.3 billion a couple of months ago.
There’s no denying the franchise’s potential as a perennial contender out of the Eastern Conference, but the Browns’ well-documented track record of questionable decision-making is more than enough reason for concern.
NBA superstar Giannis Antetokounmpo will stay with the team for the foreseeable future, but Khris Middleton’s opt-out clause in his contract could break the duo up in the offseason.
Evidently, new ownership for the team will need to go to great lengths to prove that they want to be aggressive and stay competitive, so losing one of their best players would send the wrong message to the rest of the league.
Moreover, the current ownership made a commitment to Giannis to pay the luxury tax and do whatever they could to keep his teammates and supporting cast around him for the long run, so his future with the team could be in jeopardy if Haslam fails to keep that promise once he takes over the team’s operations.NEXT: Jae Crowder Shows Major Love To Bucks Fans After His Debut