Bucks announce arena grand opening in August

The Milwaukee Bucks' new home will get the gala opening treatment for everyone in the the public to check out.

The team will hold its arena grand opening with a block party on Sunday, August 26. Fans will get tours of the new arena.

GALLERY: Bucks arena tour - there's a court now!

The arena, set to hold 17,500 seats, is in the final stages of construction at a cost of $524 million plus interest, with $250 million plus interest coming from public funding mainly coming from user fees, uncollected Milwaukee County fines, already-existing tourism-related taxes and state income taxes which will be paid for by the increases in NBA player income due to increases in the salary cap.

A report last month said that Fiserv was nearing a deal as the new arena's naming rights sponsor, but there was no confirmation of that report from the Bucks.

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