Saturday, August 22, 2015

ADDENDUM::Scott Walker’s $400 Million Arena Subsidy Belies His Tightfisted Image - Bloomberg Politics


Walker, 47, argues that the subsidy is a "good deal," partly because Wisconsin would lose revenue if the Bucks leave, as they had threatened. The owners of the Bucks, a team whose value Forbes pegged at $600 million, will pick up half the cost of the $500 million arena.

The governor has friendships among the team’s owners, including some who contributed to his presidential effort. Through a limited-liability corporation registered under his son’s name, Bucks co-owner Jon Hammes on May 27 donated $150,000 to the super political action committee backing Walker, according to state and federal records.

Hammes didn’t return a phone call to his office seeking comment on the donation.

The super-PAC also received $50,000 on May 15 from Ted Kellner, another Bucks owner, Federal Election Commission records show. Kellner didn’t return a phone message seeking comment on the deal.

Scott Walker’s $400 Million Arena Subsidy Belies His Tightfisted Image - Bloomberg Politics

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