Which sports teams have Jimmy Haslam and wife Dee Haslam invested in? Looking at their portfolio after reported stake purchase in Milwaukee Bucks
Jimmy Haslam has reportedly agreed a deal to become the newest owner of the Milwaukee Bucks. The Eastern Conference team will be sold to the American businessman and his wife, Dee Haslam, for $3.5 billion.
This is the second-largest sale of an NBA team in the history of the league. The Phoenix Suns, which were acquired by Mat Ishbia earlier this month, were worth $4 billion at the time of the purchase.
Haslam is no stranger to professional sports. His impressive business portfolio includes several other teams that have contributed to his billionaire status.
Jimmy Haslam's net worth is estimated to be around $4.8 billion in 2023. The majority of his net worth comes from the Cleveland Browns, a football team that the businessman acquired in 2012.
At the time of the purchase, the Browns were valued at $1 billion. However, the football team is valued at $3.85 billion at the moment. The value skyrocketed in 2022, increasing by almost 50%.
The Browns are not the only team that the 68-year-old billionaire and his wife have invested in. Back in 2008, Haslam bought a minority stake in the Pittsburgh Steelers, another NFL team. However, he had to sell his stake in the team after the acquisition of the Browns.
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Haslam also owns the Columbus Crew, a team that competes in Major League Soccer (MLS). The purchase took place in 2018. Two years later, the team won the MLS Cup, marking Haslam's first championship as an owner.
Milwaukee Bucks are one of the best teams in the NBA
The Milwaukee Bucks are currently one of the best teams in the NBA. They have the second-best record in the league and are on a 14-game win streak. Considering their form in the 2022-23 season, the Bucks are among the favorites to win it all.
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The Bucks won the title in 2021 by beating the Phoenix Suns in six games. With Giannis Antetokounmpo and a strong supporting cast, they might win another championship and bring Haslam his second title as an owner.