In 1985, Herb Kohl paid $18 million for the Milwaukee Bucks; he later agreed to sell the franchise for $550 million Oct 31, 2026 @ 9:06amBasketball > NBA > Milwaukee BucksAthlon SportsHerb Kohl made sure the Bucks would remain in Milwaukee before selling the team. Read moreIn 1985, Herb Kohl paid $18 million for the Milwaukee Bucks; he later agreed to sell the franchise for $550 million