#2 Re: Kohl: I'll help Pay For New Arena Fri May 4, 2012 12:15 pm by MickeyDavis
Asked if he felt pressure from the league to build a new arena to keep the team, Kohl said, "They would say without a new facility, Milwaukee's chances of remaining a part of the NBA are not robust," he said.
If the Cincinnati Reds were really the first major league baseball team, who did they play?
#6 Re: Kohl: I'll help Pay For New Arena Fri May 4, 2012 12:25 pm by Thunder Muscle
Glad to hear but...
(I'll paste from other thread)
Only way we get a new arena is if Kohl chips in, stays a minority owner, and the new owner chips in the other part. There is NO way public money is going to fund any of this. It won't win a vote and people will freak. It needs to be privately funded all of the way and I don't know how that happens. I'm guessing a new arena will be $300-500M and Herb doesn't have that kind of cash flow I don't think. I still think this is a long shot especially with the overall fan apathy.
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#10 Re: Kohl: I'll help Pay For New Arena Fri May 4, 2012 12:36 pm by WEFFPIM
Frankly, it's a long time coming that someone with the team (or the city) threw their hat into the ring. The only people that have been speaking up about a new building are the Bradley Center people and occasionally Michael Hunt.
Will anything happen? Doubtful. But at least SOMEONE with a say in the matter has offered up a portion of the solution.
ReddWing wrote:Being a fan of this team is tantamount to being in hell...There is no Christ that is coming to save us. Even if there was, we'd trade him for a 28 year old wing.
#15 Re: Kohl: I'll help Pay For New Arena Fri May 4, 2012 12:46 pm by Erifee
Shouldn't owners be expected to pay for a new arena? I'm sick of teams holding cities hostage and then gouging the fans at every opportunity once the ransom is paid.
If any public money is used, the taxpayers should get a guarantee that the team stays in Milwaukee for several decades.
MilBucksBackOnTop06 wrote:His Suns about 5 or 6 years ago came close to getting to the Finals who got ripped off in that one playoff series when he was thrown across a table by Robert Horry who you might also consider an excellent core piece.
#19 Re: Kohl: I'll help Pay For New Arena Fri May 4, 2012 12:57 pm by unklchuk
I think Kohl's statement is extremely welcome. As to timing, I think it has to happen now. And if Kohl becomes a minority owner to somebody like Attanasio, I will nominate him for Herohood.
The Kohl statement combines the traditional plum (a not insignificant contribution from Herb) with one or two sticks (including the NBA's dim view of Milw without a new arena). A new arena will have economic value to the city and the city fathers, over coming decades, so I'd think they'll find a way to make some financial contribution. Probably without putting it to a vote.
This month just might go down in history as the beginning of a Bucks renaissance. New ownership, new arena, new energy -- with a honeymoon period to move away from the feeble Win Now toward genuine building of the team.
Behind the scenes, though, is waiting the real possibility that this will be the beginning of the end for the Bucks in Milwaukee. If the Kohl Plan goes nowhere, and the city fathers are smugly indifferent, this could be the last College Try before a move.
Call me a fool (not the first time but I think this move by Kohl shows savvy leadership. I'm not used to describing his actions in those terms.
Build or get off the pot, Milwaukee. Give the franchise fresh health, or wave good bye. There comes a time when action one way or the other is mandated...
#20 Re: Kohl: I'll help Pay For New Arena Fri May 4, 2012 12:57 pm by RiotPunch
Yeah, people aren't going to support a tax for a new arena. Just ain't gonna happen.
I am pretty shocked that Kohl acknowledged this issue, as massive as the issue is I figured he would continue to sweep it under the rug for as long as possible. That's good to know that he would contribute (how much realistically, though?), but that still leaves an enormous amount of dough needed to get new arena built.