- Associated Press - Wednesday, May 27, 2015

MADISON, Wis. (AP) - A key Wisconsin lawmaker negotiating a financing plan to pay for a new arena for the Milwaukee Bucks says there’s no deal yet, but he’s still optimistic to reach an agreement by the end of the week.

Rep. John Nygren said Wednesday that there’s general agreement on a financing deal for the $500 million arena, but “I don’t think we’re there yet.”

Nygren is co-chairman of the Legislature’s budget-writing Joint Finance Committee. He and other lawmakers, along with Milwaukee officials and leaders of the NBA team, have been trying to reach a deal by the end of the week so it can be included in the state budget.

Without a new stadium by 2017, the NBA has said it will buy back the team and relocate it.


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide