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Giannis contract extension means millions for Milwaukee businesses, charities


DEAL OFFERS HOPE FOR MILWAUKEE BUSINESSES. CAROLINE: COMPARED TO THE RAUCOUS 2019 PLAYOFFS, THE DEER DISTRICT ON TUESDAY WAS PRACTICALLY A DEER DESERT. >> IT’S A LITTLE BIT SURREAL GIVEN HOW MOMENTOUS OF A OCCASION THIS IS. CAROLINE: THE DAY GIANNIS ANNOUNCED HE’D RESIGNED WITH THE BUCKS. >> I’LL BE IN MILWAUKEE THE NEXT FIVE YEARS. THIS IS MY HOME, THIS IS MY CITY. CAROLINE: AS QUIET AS THE DEER DISTRICT MAY LOOK, MILWAUKEE IS BURSTING WITH GREEK FREAK PRIDE AND EXCITEMENT. PARTIALLY BECAUSE GIANNIS BRINGS SUPER FANS AND THEIR CASH FROM ALL OVER. FOR JUST ONE HOME PLAYOFF GAME, VISIT MILWAUKEE ESTIMATES GIANNIS HELPS GENERATE ABOUT 3 MILLION DOLLARS FOR THE LOCAL ECONOMY. >> BASEBALL FANS, BASKETBALL FANS, WHEN THERE IN MILWAUKEE, THEY’RE NOT JUST STAYING AT THE GAME. THEY ARE GOING TO BARS, THEY’RE GOING TO RESTAURANTS, THEY ARE GOING TO OTHER MILWAUKEE ATTRACTIONS. THAT MEANS 2,500 HOTEL ROOM NIGHTS FROM ONE GAME ALONE, $73,000 IN TAXES GENERATED OUTSIDE OF FISERV. AND THEN 700 JOBS SUPPORTED JUST BY ONE GAME. CAROLINE: A BIG NAME LIKE GIANNIS ALSO HELPS BOOST DONATIONS FOR CHARITIES LIKE THE MACC FUND. HELPED ALONG BY BUCKS SUPER FAN AND CHILDREN’S HOSPITAL DR., DAVE MARGOLIS. >> THIS IS GREAT FOR ALL ORGANIZATIONS IN THE COMMUNITY , INCLUDING THE MACC FUND. IT SAYS SOMETHING TO THE KIDS THAT YOU CAN BE THE BEST IN YOUR BUSINESS AND DO IT RIGHT HERE IN MILWAUKEE, WISCONSIN PATRICK: CAROLINE REINWALD JOINS US LIVE FROM THE DEER DISTRICT. CAROLINE, HAVE YOU SEEN MANY FANS THERE TONIGHT? CAROLINE: WE HAVE SEEN A COUPLE, BUT IT IS EMPTY. PEOPLE I TALKED TO SAID ONCE THE PANDEMIC IS OVER, THEY HOPE

Giannis contract extension means thousands and thousands for Milwaukee companies, charities

Resort rooms, native taxes, jobs supported, charities; all of it should get a lift with Giannis


Giannis re-signing with the Milwaukee Bucks will imply massive bucks for the town. On Tuesday, Giannis Antetokounmpo signed a 5-year contract extension with the Milwaukee Bucks. “That is my residence, that is my metropolis,” Giannis tweeted. “I’m blessed to have the ability to be part of the Milwaukee Bucks for the subsequent 5 years. Let’s make these years depend. The present goes on, let’s get it.” In line with Go to Milwaukee, with Giannis on the roster, one residence playoff recreation can generate round $3 million within the native economic system. “What we do know is that sports activities followers are actually good vacationers. Baseball followers, basketball followers, once they’re in Milwaukee, they are not simply staying on the recreation. They’ll bars, they’ll eating places, they will different Milwaukee sights. The Harley Davidson Museum, they are going on brewery excursions,” mentioned Claire Koenig, senior media relations supervisor at Go to Milwaukee. “At every cease they make, they’re leaving their cash there, which after all we love, and that contributes to an business that pre-pandemic supported over 53,000 jobs.””Meaning 2,500 lodge room nights from one recreation alone. Seventy-three thousand {dollars} in taxes generated outdoors of Fiserv Discussion board. Then 700 jobs supported simply by one recreation,” Koenig mentioned. “So a whole playoff run might embrace a number of units of residence video games, I imply, that is a substantial impression.”Along with the native economic system, having a famous person like Giannis on the group brings further publicity and sure, extra cash to charities. “That is nice for all organizations locally, together with the MACC fund, to have an athlete of this stature decide to Milwaukee,” mentioned Dr. Dave Margolis. Margolis, a Bucks superfan and physician at Kids’s Hospital of Wisconsin and Medical School of Wisconsin worker, helps generate funding for the MACC Fund. “It says one thing to the youngsters you could be the very best in what you are promoting and do it proper right here in Milwaukee, Wisconsin,” Margolis mentioned.

Giannis re-signing with the Milwaukee Bucks will imply massive bucks for the town.

On Tuesday, Giannis Antetokounmpo signed a 5-year contract extension with the Milwaukee Bucks.

“That is my residence, that is my metropolis,” Giannis tweeted. “I’m blessed to have the ability to be part of the Milwaukee Bucks for the subsequent 5 years. Let’s make these years depend. The present goes on, let’s get it.”

In line with Go to Milwaukee, with Giannis on the roster, one residence playoff recreation can generate round $3 million within the native economic system.

“What we do know is that sports activities followers are actually good vacationers. Baseball followers, basketball followers, once they’re in Milwaukee, they are not simply staying on the recreation. They’ll bars, they’ll eating places, they will different Milwaukee sights. The Harley Davidson Museum, they are going on brewery excursions,” mentioned Claire Koenig, senior media relations supervisor at Go to Milwaukee. “At every cease they make, they’re leaving their cash there, which after all we love, and that contributes to an business that pre-pandemic supported over 53,000 jobs.”

“Meaning 2,500 lodge room nights from one recreation alone. Seventy-three thousand {dollars} in taxes generated outdoors of Fiserv Discussion board. Then 700 jobs supported simply by one recreation,” Koenig mentioned. “So a whole playoff run might embrace a number of units of residence video games, I imply, that is a substantial impression.”

Along with the native economic system, having a famous person like Giannis on the group brings further publicity and sure, extra cash to charities.

“That is nice for all organizations locally, together with the MACC fund, to have an athlete of this stature decide to Milwaukee,” mentioned Dr. Dave Margolis. Margolis, a Bucks superfan and physician at Kids’s Hospital of Wisconsin and Medical School of Wisconsin worker, helps generate funding for the MACC Fund.

“It says one thing to the youngsters you could be the very best in what you are promoting and do it proper right here in Milwaukee, Wisconsin,” Margolis mentioned.



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