Bucks president: Clock ticking on new arena deal

MILWAUKEE — The Milwaukee Bucks’ president is pressuring legislative leaders to finalize a deal on a new arena.

President Peter Feigin told business leaders in Milwaukee on Tuesday that a financing deal needs to be done within 10 days so the Legislature’s Joint Finance Committee can consider it.

The Milwaukee Journal Sentinel reports that Feigin said, "The clock is ticking." His comments came as the Bucks are playing the Bulls in the NBA playoffs.

The team wants a plan passed in the state budget in June so ground can be broken in the fall.

Team officials are set to meet Wednesday with legislative leaders and city and county leaders. One issue is how much public money should be part of a $500 million arena in an overall $1 billion entertainment district.

from Sportsnet.ca http://ift.tt/1JrM9ap