The Milwaukee Bucks will be forced to move by the NBA to Seattle or Las Vegas if their new arena proposal isn't accepted.
The Bucks currently play at the BMO Bradley Center, which holds approximately 18,000 fans. Despite a recent $3 million renovation, NBA commissioner Adam Silver has said the venue is too small and has to be replaced.
The new arena proposal involves replacing the BMO Bradley Center, and devoting $250 million of tax dollars into a $500 million new arena over the next 20 years.
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The rest of the money would come from Bucks' owners Marc Lasry and Wes Edens ($150 million), and former owner Herb Kohl ($100 million).
The Bucks president, Peter Feigin admitted on Monday at the Legislature's Joint Finance Committee that the NBA could move the team if Wisconsin's state legislature denies their proposal for a new arena.
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Feigin feels their current arena is holding back the franchise's profits and those of the NBA too. The Milwaukee Journal Sentinel stated he said at the committee: "The NBA does not want us to enter our lease in a substandard facility.This is in my opinion a great deal for the state."
A date for when the arena financing bill needed to pass by wasn't provided by Feigin. He wasn't at liberty either to release the team's purchase agreement laying out the league's requirements for a new arena to the lawmakers.
The committee never accepted any testimony from the public of even from parties that would be affected by the deal in Milwaukee.
Greg Monroe recently signed with the Bucks after being released into the free agency from the Detroit Pistons, and the hope with some fans is that he will be playing his basketball in Milwaukee and not in Seattle or Las Vegas in the future.
Some NBA fans are hoping the Bucks don't come anywhere near their region. Whilst other fans don't want the team in Milwaukee anymore.
By the looks of things, the addition of Monroe could mean the Bucks are on the rise. After all, the LA Lakers and New York Knicks were also interested in bringing in the power forward.
From that logic, Milwaukee and the state of Wisconsin should do everything in their power to keep the team in town. It could be a dawn of a new era and a power shuffle in the NBA.
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