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October 05, 2015 4:33 AM ET


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





Key Executives for Milwaukee Bucks, Inc.

Age: 55
Age: 53
Chief Financial Officer
Vice President of Business Operations
Compensation as of Fiscal Year 2015.

Milwaukee Bucks, Inc. Key Developments

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.

Marquette University and Milwaukee Bucks Announce New Partnership

Marquette University and the Milwaukee Bucks announced a new partnership that will include the construction of a multipurpose center that supports college and professional athletes as well as academic research and wellness initiatives. The new venture has a goal of doubling research funding over the next five years and a major gift to establish a mental health research center. The center will provide cutting-edge faculty and student research in sports performance, medicine, nutrition and rehabilitation. It is also expected to combine indoor playing fields for Marquette's lacrosse and soccer programs, as well as an indoor track. The facility also is expected to improve access to recreation and fitness facilities for all students. Marquette University hopes to build the facility on 7.5 acres in the 800 block of W. Michigan St. The university recently acquired the parcel. Funding will come through gifts, corporate partnerships and research grants. The Bucks said the facility will not be the team's training center and is not related to their efforts to build a downtown arena. The team leases space at the Cousins Center in St. Francis. The new training facility is still in the conceptual phase. Design of the facility will be on a six-month ‘fast track’, with construction taking an additional 18 to 24 months. Two buildings on the site will be demolished. Jeanne Hossenlopp will become president for research and Innovation.

Milwaukee Bucks Announces New Local Investors

Milwaukee Bucks, Inc. introduced new local investors in the team - most notably ManpowerGroup executive chairman Jeff Joerres and Husco International executives Gus Ramirez and Austin Ramirez. The new investors announced also include two investment-business colleagues of Milwaukee Brewers lead owner Mark Attanasio, but not Attanasio himself. They are Marc Stern and Adam Stern, who both are minority investors in the Brewers. Marc Stern is chairman of The TCW Group Inc. Attanasio had indicated an interest in financially supporting a new arena in downtown Milwaukee in March 2014 but since then has declined to comment on Bucks-related matters.

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