Categories: MLB NBA

Giannis Antetokounmpo buying partial ownership in Milwaukee Brewers

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.

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