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Thursday, November 20, 2025
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Why Marc Lasry Sold the Bucks—And What He Sees Next in Sports Investing

This week’s Portfolio Players features Marc Lasry who has navigated sports ownership at the highest levels—serving as the former owner of the Milwaukee Bucks and co-founding Avenue Capital.

In Episode 7 of Portfolio Players, presented by E*TRADE from Morgan Stanley, Lasry discusses the complexities behind team ownership transitions—especially during a period marked by rising franchise valuations and uncertainty around Giannis Antetokounmpo’s long-term future with the team. He also explores the rise of women’s sports as a cultural movement, fueled by generational change and increased family engagement.

From how TGL is built for broadcast success to how political interest in sports (including Trump’s) can impact asset value while also weighing the effect of economic uncertainty, this episode unpacks the full spectrum of forces shaping sports investment today.

Portfolio Players is Front Office Sports’s original series diving into the deals, capital, and power players redefining the business of sports. Subscribe now for bi-weekly insights from the decision-makers building the future of the game.

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