MILWAUKEE (AP) — Milwaukee Bucks president Peter Feigin says there is no immediate deadline for a financing deal for a new arena.
Feigin's comments Tuesday evening came after he told business leaders earlier in the day that a deal needs to be done within 10 days so the Legislature's Joint Finance Committee can consider it.
The Milwaukee Journal Sentinel (http://bit.ly/1cX7XRf ) reports Feigin said, "The clock is ticking." His comments came with the Bucks playing the Chicago Bulls in the NBA playoffs.
A team spokesman later said that Feigin had misspoken in referring to a 10-day window.
Feigin said in a statement Tuesday evening that the team wasn't creating any deadline. He said the team is hopeful to make progress in reaching a deal.