The NBA champion is currently on a $228 million contract and is now also the 17th member of the Brewers’ ownership group. Earlier, he had also joined sports drink maker Ready Nutrition as an angel investor.
Antetokounmpo played a crucial role in leading the Bucks to their second NBA championship last year, and he capped it by dropping 50 points in Game 6 of the NBA Finals against the Phoenix Suns.
Now the two-time NBA regular-season MVP and 2021 NBA Finals MVP is expanding his horizons by buying a stake in the 74-48 Brewers, who lead the National League Central by 8.5 games and appear to be destined for the MLB playoffs.
As per Forbes, The Brewers rank 24th out of 30th among MLB teams with an estimated value of $1.2 billion. The team has appreciated 225 per cent over the past 10 years.
Commenting on the agreement, Antetokounmpo said, “Milwaukee has made me who I am today. Without Milwaukee giving me the opportunity, I wouldn’t be who I am today. It made me a better person, it made me a better man. I’ve grown to love the city. I want to raise my family here in Milwaukee.”
He further added, “They found a diamond in the rough, in the dust. They believed in me, they trusted me, they embraced me. The city has loved me and my family and I want to give that love back now. Milwaukee helped me, invested in me and this is an opportunity to invest back in the city.”
In a similar move, NFL MVP and champion Patrick Mahomes became a part-owner of the Kansas City Royals last July, just months after winning a Super Bowl with the Kansas City Chiefs.