Milwaukee Bucks president urges public dollars for new arena

AP News
Posted: Jul 06, 2015 2:48 PM

MADISON, Wis. (AP) — The Milwaukee Bucks' president is trying to persuade Wisconsin lawmakers to devote $250 million in tax dollars to a new arena.

Peter Feigin (FAY'gan) told the Legislature's budget committee Monday that the arena would be an economic boon.

Feigin says the project would create thousands of construction jobs, and that the team, as it improves, would bolster Milwaukee's reputation. He also noted that without a new arena, the NBA may move the team.

Feigin was among several supporters invited to speak at the hearing. Democrats said that left the public out of the debate.

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Lawmakers are considering whether to devote $250 million in taxes over the next 20 years to help fund a $500 million arena. The remaining funding would come from the Bucks' owners and former owner Herb Kohl.