Axios Pro Rata: Gametime decision
Plus, big bat bucks. | Tuesday, February 28, 2023 Open in app View in browser Axios Pro Rata By Dan Primack · Feb 28, 2023 Top of the Morning Jimmy and Dee Haslam. Photo illustration: Sarah Grillo/Axios. Photos: Jason Miller, Jason Mowry/Icon Sportswire via Getty Images The National Basketball Association has purged itself of two toxic owners in recent years, via team sales in Los Angeles and Phoenix that garnered record valuations. Now, however, it's faced with dodgy actors on the buyside. Driving the news: Jimmy and Dee Haslam have agreed to acquire around a 25% stake in the Milwaukee Bucks at around a $3.5 billion franchise valuation, as first reported by ESPN and confirmed by Axios with multiple sources. The seller is hedge fund manager Marc Lasry, who in 2014 partnered with private e...