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Giannis Antetokounmpo buying partial ownership in Milwaukee Brewers

Giannis Antetokounmpo
Jul 20, 2021; Milwaukee, Wisconsin, USA; Milwaukee Bucks forward Giannis Antetokounmpo (34) celebrates during game six of the 2021 NBA Finals against the Phoenix Suns at Fiserv Forum. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports

After bringing the city of Milwaukee its first championship since 1971, NBA star Giannis Antetokounmpo will hope to do the same for the Milwaukee Brewers as a part-owner.

According to ESPN’s Jeff Passan, the Bucks’ star forward is purchasing a partial stake in Milwaukee’s MLB team. It’s a move that follows the steps taken by Kansas City Chiefs quarterback Patrick Mahomes.

Both league MVPs bought a share of MLB teams under similar circumstances. Months after Mahomes was named Super Bowl MVP, he bought a partial stake in the Kansas City Royals.

Like Antetokounmpo, Mahomes became a part-owner of the MLB team in his city months after breaking a historic drought to bring a title back to the fan base.

While details weren’t provided, Antetokounmpo has more than enough savings to cover a partial stake of an MLB team. He signed a $228 million supermax extension in December, becoming one of the highest-paid players in NBA history.

  • Giannis Antetokounmpo net worth: $70 million

The Brewers’ estimated team value is $1.22 billion, according to Forbes, the seventh-lowest mark in MLB. But the figure marked a 2% value increase from the previous season, despite MLB losing significant revenue do the COVID-19 pandemic.

With the Brewers firmly in the hunt for a World Series title, there’s a chance Antetokounmpo’s investment pays off very quickly. Considering the Bucks won a championship after Aaron Rodgers bought a share in the franchise, this could be the start of a trend for Milwaukee’s top athletes.