an agreement to keep the Bucks in Wisconsin for the next 30 years, with the team renting the facility at a starting rate of $1 million.District chair Scott Neitzel noted the deal includes legal protections that would require the team to pay at least $200 million to leave before the lease expires.
Date: Apr 13, 2016
Category: Sports
Source: Google
Wisconsin Center District approves 30-year lease for Bucks' new arena
The lease's terms were approved Wednesday morning by the district's board. The lease and a non-relocation agreement for the Bucks will protect taxpayers, said Scott Neitzel, board chair and state Department of Administration secretary.