Sun Sep 15 12:00:01 UTC 2024: ## Former Bucks Star Junior Bridgeman Buys 10% Ownership Stake in Franchise
**Milwaukee, WI** – Junior Bridgeman, a former Milwaukee Bucks player and now a successful businessman, is returning to his old team in a new role. Bridgeman, 70, has acquired a 10% ownership stake in the Bucks, according to CNBC. The deal values the franchise at $3.4 billion, with Bridgeman investing $340 million.
Bridgeman, a key contributor to the Bucks during their Sidney Moncrief era, played 10 of his 12 NBA seasons in Milwaukee. Following his retirement, he transitioned into the business world and became a self-made millionaire through savvy investments, including a large stake in the Wendy’s fast-food chain.
Bridgeman’s investment comes at a time when the Bucks are experiencing a surge in popularity and value. After acquiring All-Star Damian Lillard this offseason, the team is considered a legitimate contender for the NBA championship. The Bucks also benefitted from a strong 2023-24 season, finishing as the No. 3 seed in the Eastern Conference.
Bridgeman, known for his hands-on approach to business, is expected to bring his experience and insights to the Bucks’ ownership group. While he never won a championship as a player, Bridgeman now has a chance to achieve that goal as an owner.
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