Source: Milwaukee Journal Sentinel
The BMO Harris Bradley Center board of directors and the Milwaukee Bucks have been discussing a new six-year lease that, if approved by the National Basketball Association, will provide stability for both sides as discussion continues over the possibility of a new, multi-purpose arena.
Details of the lease were not released. Information on an extended lease came from the minutes of the BMO Harris Bradley Center's March meeting, which were released this week.
If approved by the NBA, a six-year lease would be, by far, the longest lease the two sides have had in years. In general, the Bucks and the BMO Harris Bradley Center have gone year-to-year on leases.
Assuming the NBA signs off on the lease, the agreement is more good news for the financially strapped arena. In late May, representatives of the Metropolitan Milwaukee Association of Commerce, the Bradley Center, the Milwaukee Bucks and BMO Harris Bank announced a naming-rights deal.
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