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The 1980s Milwaukee Bucks have been a beneficiary of history.
The ’80s Bucks teams were the Eastern Conference team that fans would like to think, in a different time, would’ve been in at least one NBA Final. Instead, Milwaukee was in the era that saw only two Eastern Conference teams (Boston and Philadelphia) until the Detroit Pistons broke through in 1988.
The stars of those teams were Sidney Moncrief, Marques Johnson, Paul Pressey, and Bob Lanier, but a sixth man averaged double-digits that played a big part in the Bucks’ success.
That player was Ulysses Lee “Junior” Bridgeman.
Bridgeman spent 12 years in the NBA, with the first 10 coming in Milwaukee. He played when the NBA wasn’t giving bench players the amount of money they do today, but Bridgeman was wise with what he made.
Post-NBA, Bridgeman was a successful businessman who owned fast-food chains and a Coca-Cola bottling distributor, to name a couple. He currently Bridgeman owns Ebony and Jet magazines.
It is reported that Bridgeman has a net worth of more than $600 million.
According to CNBC, Bridgeman’s next venture will be purchasing a minority stake in the Milwaukee Bucks. The deal is reportedly for 10% of the team.
The Bucks are a luxury taxpayer, so it isn’t shocking that a new infusion of cash might be needed until the team can make the necessary adjustments to the new Collective Bargaining Agreement.