Thank you, Herb

Bucks to announce sale of team

By Marc Stein | ESPN.com

The Milwaukee Bucks will announce later Wednesday that longtime owner Herb Kohl has reached an agreement to sell the team to hedge-fund billionaires Wesley Edens and Marc Lasry in a deal valued at $550 million, according to sources familiar with the transaction.

The Bucks spent an average of $3.78 million per player this season, the fifth-lowest total in the NBA, according to the ESPN The Magazine/Sportingintelligence Global Salary Survey

In January, Forbes valued the Bucks at $405 million, last among the league’s 30 franchises.

Sources told ESPN.com that the deal, subject to league approval, will be confirmed in an afternoon news conference.

Kohl, a longtime U.S. senator who bought the team for $18 million in 1985, made keeping the team in Milwaukee a condition of the sale. It’s also believed Kohl, while relinquishing majority control, will retain a significant percentage of the team.

The Bucks have fallen way short of expectations. After harboring hopes of making a playoff push, they will finish this season with the worst record in the NBA. Wednesday’s announcement will bring an upbeat conclusion to Kohl’s search for buyers who wouldn’t try to move the team after his nearly 30 years of ownership and deep ties to the state of Wisconsin.

Among the challenges for Edens and Lasry, assuming their purchase is ratified by the league, will be erecting a new building to replace the outdated Bradley Center.

On a visit there in September, months before he succeeded David Stern, new NBA commissioner Adam Silver said “an obvious issue we all have to deal with is we need a new arena in Milwaukee.”

 

- – -   On a side, how ’bout these unis that were seen on ‘RealGM’s'?

bucks sold

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Strong Passwords…

From xkcd.com
I don’t think this has been appropriately conveyed to the masses, hence the posting.

 

strong password

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D is for Dogecoin

what is doge

 

The apt answer to any pertinent Dogecoin question is simply this…

COMMUNITY

“Communitas Prae Lucro”

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The Future of Cryptocurrencies…

kierny writes (from Slashdot.org):

“Today, Bitcoin, tomorrow, the dollar? Former Central Intelligence Agency CTO Gus Hunt says governments will learn from today’s crypto currencies and use them to fashion future government-protected monetary systems. But along the way, expect first-movers such as Bitcoin to fall, in a repeat of the fate of AltaVista, Napster, and other early innovators. But the prospect of fashioning a better, more stable crypto currency system — and the likelihood that Bitcoin may one day burn — is good news for anyone who cares about crypto currencies, as well as the future and reliability of our monetary systems.”

– I absolutely agree with this assessment across the board.

Such information

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Good Stuff, Grantland

Fan of the Bucks and/or the fun-loving Greek kid? Read this…

http://grantland.com/features/milwaukee-bucks-giannis-antetokounmpo/

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H20

It’s scientific fact that cold water hydrates significantly better than warm water, right?

Warm water, it’s for the birds.
No, seriously, it’s for the birds.

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