Haslam family expands sports ownership with Milwaukee Bucks stake purchase.
The Haslam family, who recently sold their gas station business to Warren Buffett's Berkshire Hathaway, are set to finalize buying a minority stake in the NBA's Milwaukee Bucks on Friday. The deal values the franchise at around $3.5 billion, making it the sixth-most valuable NBA franchise. The family agreed to buy billionaire investor Marc Lasry's 25% stake in the Bucks in February. The Haslam family also owns the NFL's Cleveland Browns and the MLS franchise the Columbus Crew.