Former NBA player and businessman Ulysses Lee "Junior" Bridgeman is purchasing a 10% stake in the Milwaukee Bucks, valuing the team at $4 billion. Bridgeman reportedly receives a 15% preferred limited partner discount, purchasing his portion at a valuation of over $3 billion. Bridgeman currently owns Ebony and Jet magazines and has a net worth of over $600 million. The deal comes after the NBA’s recent media agreement with Disney, NBCUniversal, and Amazon.
