Yes, Jimmy Haslam is a co-owner of the Milwaukee Bucks. Along with his wife, Dee Haslam, he became a minority owner of the NBA franchise in 2023 after purchasing a stake in the team from former Bucks owner Marc Lasry.
While Jimmy Haslam is best known for owning the NFL’s Cleveland Browns, his investment in the Milwaukee Bucks expanded his presence in professional sports, adding one of the NBA’s most successful franchises to his portfolio.
When Did Jimmy Haslam Become a Bucks Owner?
Jimmy and Dee Haslam officially joined the Bucks ownership group in April 2023 after receiving approval from the NBA Board of Governors. The Haslams acquired approximately a 25% ownership stake in the franchise from Marc Lasry.
The ownership transition did not change the team’s leadership structure. Wes Edens remained the Bucks’ governor and the primary representative of the franchise within the NBA.
Who Owns the Milwaukee Bucks?
The Milwaukee Bucks are owned by a group of investors that includes:
- Wes Edens (lead owner and governor)
- Jimmy Haslam
- Dee Haslam
- Jamie Dinan
- Additional minority investors
Rather than having a single owner, the Bucks operate under a shared ownership model common among many NBA franchises.
Jimmy Haslam’s Other Sports Teams
Jimmy Haslam has one of the most diverse sports ownership portfolios in the United States. In addition to the Milwaukee Bucks, he is also involved with:
- Cleveland Browns (NFL) – Principal owner.
- Columbus Crew (MLS) – Co-owner alongside Dee Haslam.
The addition of the Bucks gives the Haslams ownership interests in three major professional sports leagues.
Why Did the Haslams Buy Into the Bucks?
The Milwaukee Bucks are considered one of the NBA’s premier franchises, highlighted by:
- An NBA championship in 2021.
- A strong fan base in Milwaukee.
- Consistent playoff appearances.
- A roster built around superstar Giannis Antetokounmpo.
- Long-term organizational stability.
The investment allows the Haslams to expand their sports business interests while partnering with an already successful NBA organization.
Frequently Asked Questions
Is Jimmy Haslam the majority owner of the Milwaukee Bucks?
No. Jimmy Haslam is a minority owner. Wes Edens remains the franchise’s lead owner and NBA governor.
When did Jimmy Haslam buy into the Bucks?
The purchase was completed in April 2023 after NBA approval.
How much of the Bucks do the Haslams own?
Jimmy and Dee Haslam purchased approximately a 25% ownership stake from Marc Lasry.
Does Jimmy Haslam still own the Cleveland Browns?
Yes. Jimmy Haslam continues to serve as the principal owner of the Cleveland Browns while also holding ownership interests in the Milwaukee Bucks and Columbus Crew.
Final Thoughts
Jimmy Haslam is indeed a co-owner of the Milwaukee Bucks. Since joining the ownership group in 2023, he and Dee Haslam have become minority stakeholders in one of the NBA’s most successful organizations. Although Wes Edens continues to lead the franchise, the Haslams’ investment further strengthens their position as prominent owners across multiple major professional sports leagues in the United States.