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Wisconsin governor announces deal for new $500M Bucks arena

MADISON, Wis. — Wisconsin Gov. Scott Walker has announced a deal to pay for a new arena for the Milwaukee Bucks that relies on $250 million from taxpayers and at least $250 million from current and former team owners.

The NBA has said it will buy the team and move it unless a new stadium is built by 2017. The new arena would replace the 27-year-old BMO Harris Bradley Center in downtown Milwaukee.

It's unclear whether the deal will have enough votes to pass the Republican-controlled Legislature, where some members have been unhappy about the public cost.