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Bucks announce arena grand opening in August

Bucks announce arena grand opening in August
Posted at 10:47 AM, Jun 29, 2018
and last updated 2018-06-29 12:13:36-04

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.