Wes Edens is a successful investor with many years of experience. He is also a great sports fan and his love for sports has seen him invest in several sports teams. Back in 2014 together with Marc Lasry, they bought Milwaukee Bucks for $ 550 million. After the sale, Mallory who is Edens daughter became the team’s representative.
Speaking at the opening panel of sports business journal dealmakers in New York Wes Edenss gave tips for his success. He said that the most significant contributor to his success is the experience he gets from being an owner of the NBA team. He went to add that owning a team is just like any other business. View Wes Edens’s profile on Linkedin
According to him if you hire the best professionals, assign responsibilities to them and hold them accountable when you have a high chance of success in your business. Wes Edens said that he had learned so much from the team during the last happy and he is satisfied with his team’s performance on the court and even outside of the court. He attributed the Bucks’ success to the decisions he and the management team make in regards to their personnel.
One of the greatest achievements for the Bucks has been the construction of Fiserv Forum. The taxpayer’s money has funded the project. Wes Edens was among those who made plans for the building. The Fiserv forum is one of a kind, and Wes refers to it as a spectacular outcome since it is not like the other NBA arenas.
Wes Edens played a crucial part in getting the funds for the project. He convinced local politicians to fund the project by emphasizing a basic calculation. He is hopeful that the Bucks will assist in the creation of a new downtown which is guided by the philosophy of living, work, and play. Recently he added Aston Villa to his list of ownership since he owns 55 % of the club. Wes Aston is a huge soccer fan who has attended all word cups for the last twenty years.