Full Breakdown
Transition in Leadership: Peter Feigin Steps Down as Milwaukee Bucks President
1/6/2026, 12:15:14 PM
Leadership Change Announcement
Peter Feigin is stepping down as president of the Milwaukee Bucks after 12 years in the role, effective immediately. Josh Glessing, previously the chief of strategy and development for Haslam Sports Group, will succeed him. The transition will involve a collaborative period where Feigin will assist Glessing to ensure a seamless handover of responsibilities.
Peter Feigin's Tenure
Feigin joined the Bucks in 2014, shortly after the team was acquired by Wes Edens, Jamie Dinan, and Marc Lasry. Under his leadership, the franchise underwent significant transformation, including the development of Fiserv Forum and the surrounding Deer District, which has become a vibrant entertainment hub. Feigin's tenure also saw the Bucks win their first NBA championship in 50 years during the 2020-21 season. The team's value increased dramatically, rising nearly 800% during his presidency.
Feigin expressed pride in his accomplishments, stating, “Serving as President of the Milwaukee Bucks has been the honor of my professional life... I am incredibly proud of what we’ve accomplished and confident that the organization is in tremendous shape.” His leadership was characterized by a commitment to community engagement and the establishment of a strong brand presence.
Josh Glessing's Background
Josh Glessing, a Wisconsin native, has a history with the Bucks, having played a role in the financing of Fiserv Forum while working at Goldman Sachs. He was also instrumental in Haslam Sports Group's acquisition of a 25% stake in the Bucks in 2023. Glessing previously served as the interim president of business for the Columbus Crew, an MLS team owned by Haslam Sports Group, where he oversaw business operations and strategy.
In his statement, Glessing emphasized his lifelong connection to the Bucks, saying, “I was born a Bucks fan and I don’t need to learn what this team means to Milwaukee and the state of Wisconsin.” He aims to build on the foundation laid by Feigin while focusing on winning and enhancing fan experiences.
Responsibilities and Future Outlook
As president, Glessing will oversee the franchise's business operations, including revenue generation through ticket sales, sponsorships, and marketing. He will also lead initiatives related to fan engagement and the development of the Deer District and Bucks Gaming.
The transition comes at a pivotal time for the Bucks, as the team faces potential changes on the court, particularly concerning superstar Giannis Antetokounmpo, whose contract expires after the 2026-27 season. The franchise's recent playoff struggles and coaching changes add to the challenges ahead.
Official Statements and Responses
Bucks majority owners Wes Edens, Jimmy and Dee Haslam, and Jamie Dinan praised Feigin's contributions, stating, “We thank Peter for his vision, energy, and relentless commitment that reshaped the Milwaukee Bucks and set a new standard for the NBA.” They expressed confidence in Glessing's leadership, noting that he has been an important part of the organization's success.
Criticism and Concerns
While the transition reflects continuity, some observers express concerns about Glessing's close ties to Haslam Sports Group, particularly given the Bucks' recent performance decline since Haslam's involvement. The implications of this leadership change on the team's future remain to be seen.
In summary, the Milwaukee Bucks are entering a new era with Josh Glessing at the helm, following Peter Feigin's impactful tenure. The organization aims to build on its successes while navigating the complexities of the current NBA landscape.
