Marc Lasry is exploring a sale of his stake in the Milwaukee Bucks, sources tell Marc Stein of Substack.
Lasry could sell his shares to Wesley Edens.
Mat Ishbia was in talks to buy Lasry’s stake before he pivoted to buying the Phoenix Suns from Robert Sarver.
The Bucks are valued at $2.3 billion while they were purchased by Lasry and Edens in April 2014 for $550 million. The Suns were recently valued at $2.7 billion, but sold at a valuation of $4 billion.