You can't have too many owners, it seems.
The Bucks announced today that Palermo's Pizza CEO Giacomo Fallucca is the latest to join the ownership group, bringing the total number of known local or regional investors now up to 14.
From the team's press release:
"Today, the Milwaukee Bucks announced the addition of another prominent Milwaukee community and business leader, Giacomo Fallucca, CEO of Palermo Villa Inc., to the Bucks ownership team. Fallucca is a longtime supporter of the Bucks organization, helping secure and strengthen the team's 17-year partnership with Palermo's.
"We're proud to add Milwaukee native and longtime Bucks partner Giacomo Fallucca to the amazing group of leaders that have joined the Bucks ownership team," said Bucks owner Marc Lasry. "With his strong roots in Milwaukee and his active commitment to the community, we're grateful to have him involved in our effort to build the Bucks into the best franchise in the NBA and a catalyst for growth in Wisconsin."
"Milwaukee is a great city, and the Bucks are an important part of what makes our community so special. Being home to an NBA franchise not only makes Milwaukee exciting for fans, it helps drive economic growth and strengthens our community," Fallucca added. "I'm proud to join Marc, Wes and the many other terrific community leaders to help usher in a new era of Bucks basketball."
The move isn't surprising given the connection Palermo's and the Bucks have had in those seventeen years. They have their name attached to the Palermo's Courtside Club, a bar/restaurant area just feet away from the basketball court. You may also remember Palermo's if you watched the video chronicling a day in the life of Giannis Antetokounmpo last summer, where the Bucks pay a visit to Palermo's for some pizza making lessons with Fallucca.
In addition to being the CEO of Palermo Villa, Inc., Fallucca is also a co-chair on Milwaukee's youth employment program Earn & Learn. He was also the past President of the National Frozen Pizza Institute. We're not sure if the position is still open, but one of our own appears to be curious.
The Bucks' newest investor previously served as president of the National Frozen Pizza Institute. Related: I now have a new dream job.— BrewHoop.com (@brewhoop) October 23, 2014
Go get 'em, Frank!