Former Bucks Owner Herb Kohl Gave Team Employees Big Financial Gifts

by July 08, 2014

Following 29 years of team ownership, Herb Kohl sold and walked away with $550 million for the Milwaukee Bucks. The old man then decided to share some of his riches with team employees. Naturally, the longest tenuredreceived the largest checks. Per the Racine Journal Times (via BDL):

You may have read where Kohl gave gifts of $500 to employees at the BMO Harris Bradley Center, where the Bucks played their home games.


What you haven’t read, though, is that Kohl’s generosity extended much further. He also bestowed significant financial gifts to others in the organization, from secretaries to sales personnel to basketball operations officials. The amount Kohl gave those employees varied and was based on different criterion, not the least of which was longevity with the organization.


Some Bucks employees received $40,000 while others received nearly $100,000. And there were even some individuals who were given checks that one person close to the situation described as “life changing.”