Bucks should put up more money for arena, lawmaker says
MADISON, Wis. (AP) -
MADISON, Wis. (AP) -- The co-chairman of the Legislature's finance committee says he wants to see the Milwaukee Bucks' new owners put more of their own money toward a new arena for the team.
John Nygren, a Marinette Republican, said Monday that he wants the Bucks to tell legislators exactly how much the project will cost so lawmakers know just how much of the arena the state would fund. He says he believes the Bucks owners should pay a greater share of the costs but did not elaborate.
Bucks' owners Wes Edens and Marc Lasry have committed $150 million toward a new arena. Gov. Scott Walker has proposed selling $220 million in state bonds to help pay for the project. Former Bucks owner Herb Kohl has committed another $100 million.