Bucks president takes back '10-day' deadline on arena talks

AP News
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Posted: Apr 21, 2015 10:15 PM

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.