August 30, 2016 4:52 PM ET

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Company Overview of Milwaukee Bucks, Inc.

Company Overview

Milwaukee Bucks, Inc. (MBI) offers sports and entertainment services. The company owns and manages the Milwaukee Bucks professional basketball team that plays in the National Basketball Association. Additionally, it offers sport merchandise retailing and marketing services. MBI was founded in 1968 and is headquartered in Milwaukee, Wisconsin.

1001 North Fourth Street

Milwaukee, WI 53203

United States

Founded in 1968

Phone:

414-227-0500

Fax:

414-227-0497

Key Executives for Milwaukee Bucks, Inc.

President
Owner
Age: 56
Owner
Age: 54
Chief Financial Officer
Vice President of Business Operations
Compensation as of Fiscal Year 2016.

Milwaukee Bucks, Inc. Key Developments

Milwaukee Bucks to Break Ground on their New Downtown Arena and Plans to Complete $524 Million Project by Summer 2018

The Milwaukee Bucks will break ground on their new downtown arena June 18 and plan to complete the $524 million project by summer 2018. It was the first time the Bucks gave a precise date for groundbreaking; in recent months the official position was that the project would start in June or July. The lease-signing moves the Bucks one important step closer to groundbreaking. The Bucks negotiated the lease over the past few months with representatives of the Wisconsin Center District. The public-taxing district will be the arena's owner and oversee the $250 million public investment in the project. The Bucks also disclosed that the total cost of the project has increased by $24 million to $524 million. Preliminary work already has begun on sewer relocation in the Park East corridor, which is part of the new arena district, and the north side of the BMO Harris Bradley Center.

Jason Hartlund Joins Milwaukee Bucks as Managing Director of Business Development and New-Arena Sales

Former Milwaukee Brewers vice president Jason Hartlund has joined the Milwaukee Bucks as managing director of business development and new-arena sales. In his new role, Hartlund will be charged with growing the Bucks' corporate partnership base, with an emphasis on adding sponsorships in the $500 million arena and surrounding ancillary development. Hartlund spent 10 years with the Brewers, most recently as vice president of enterprises and event services. He was responsible for all non-baseball revenue streams such as soccer matches and concerts. He previously led a business development team in the Green Bay Packers corporate sales department.

Milwaukee Bucks Expands Their Retail Presence At Milwaukee-Area Shopping Centers and in Madison

The Milwaukee Bucks announced that it will expand their retail presence at Milwaukee-area shopping centers and one in Madison. The Bucks reported that they have launched a partnership with athletic merchandise retailer Name of the Game at shops in Bayshore, Southridge and Mayfair malls in suburban Milwaukee and a stand-alone location in Madison at Prairie Towne. The Bucks Pro Shop will begin operations the week of May 11, 2015 at those Name of the Game locations. The Bucks Pro Shops sell authentic Bucks gear and previously operated only inside the BMO Harris Bradley Center on event days.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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