MILWAUKEE (WITI) — Two days after the announcement of the new owners of the Milwaukee Bucks, these questions linger: How will the Bucks pay for a new arena and who will provide the money?
“It’s going to be a struggle, there’s no doubt about it,” said Mark Kass, editor of Milwaukee Business Journal.
Kass says when it comes to replacing the BMO Harris Bradley Center, there’s little desire outside of Milwaukee to provide public funding, either through a new tax or expanding an existing one.
“Any elected official right now is scared of that work. They don’t want to be anywhere near it and there doesn’t seem to be any public support of it,” said Kass.
While the new Bucks owners and former Sen. Herb Kohl have pledged $100 million, it will still take at least $200 million more to build a new arena.