SBD/February 25, 2014/Franchises

Former NBAer Junior Bridgeman Emerges As Potential Investor In Bucks

The Bucks have approached former NBAer Junior Bridgeman "about investing in the team, and he expressed interest," according to sources cited by Don Walker of the MILWAUKEE JOURNAL SENTINEL. Bridgeman would "seem to be an ideal candidate for the Bucks," as he played 10 of his 12 NBA seasons with the team and is a "successful businessman." His holding company owns "more than 160 Wendy's across the country, as well as an estimated 100 Chili's restaurants." Forbes has reported that Bridgeman is the "18th wealthiest African-American in the country." Walker notes Bridgeman, who declined to comment on the report, has "one potential sticking point, though it could be easily solved." He is a minority investor in the NBA Kings, and league bylaws state franchise investors "cannot hold financial positions in more than one team." Bucks Owner Herb Kohl has "not set a timetable for finding new investors" (JSONLINE.com, 2/25).
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