BREAKING NEWS: Milwaukee Bucks Legend Mike Budenholzer Returns as Co-Owner In a monumental announcement, Milwaukee Bucks owner Wes Edens, Marc Lasry, Jamie Dinan, Herb Kohl and  his family has officially declared that Mike Budenholzer the legendary  and long-time face of the franchise, will return to the organization in 2025 as a co-owner..…view more

In a monumental announcement that has electrified the basketball world, Milwaukee Bucks ownership has confirmed the return of Mike Budenholzer to the franchise in a groundbreaking new role—as a co-owner.

The Bucks’ current owners—Wes Edens, Marc Lasry, Jamie Dinan, and Herb Kohl along with his family—jointly declared today that Budenholzer, the legendary coach and long-time face of the organization, will officially join the ownership group beginning in 2025.

Mike Budenholzer’s impact on the Bucks has been profound. As head coach, he led Milwaukee to its first NBA Championship in 50 years during the 2020-2021 season, cementing his legacy as one of the franchise’s most transformative figures. His leadership, strategic acumen, and commitment to team culture reshaped the Bucks into perennial contenders and brought immense pride to Milwaukee fans worldwide.

This transition from coach to co-owner marks a new chapter not only for Budenholzer but for the Bucks organization as a whole. The move underscores the deep respect and confidence the existing ownership group holds in Budenholzer’s vision and dedication to the franchise’s future.

Wes Edens commented on the announcement:

“Mike has been instrumental in shaping the Bucks into a championship-caliber team and a beloved brand. Bringing him into the ownership fold ensures his passion and insight will continue to influence the team’s trajectory for years to come.”

Mike Budenholzer expressed his excitement about the new role:

“Milwaukee has always felt like home to me. To now have the opportunity to contribute to this organization beyond coaching is a tremendous honor. I look forward to working alongside Wes, Marc, Jamie, Herb, and his family to build a lasting legacy for the Bucks and the city.”

The Bucks organization is expected to unveil more details about this ownership transition and Budenholzer’s role in the coming months as they prepare for the 2025 season.

Fans and analysts alike are already buzzing about what this could mean for the Bucks’ future — a promising blend of leadership, legacy, and ambition aimed at sustaining Milwaukee’s position among the NBA elite.