The Milwaukee Bucks are a professional basketball team based in Milwaukee, Wisconsin. They are part of the Central Division of the Eastern Conference in the National Basketball Association (NBA). The team was founded in 1968 as an expansion team, and plays at the BMO Harris Bradley Center. Former U.S. Senator Herb Kohl was the long-time owner of the team, with John Hammond as current general manager; as of April 16, 2014 a group led by billionaire hedge fund managers Wesley Edens and Marc Lasry agreed to purchase the team from Kohl, a sale which was approved by the owners of the NBA and its board of governors a month later on May 16. The team is currently valued at $405 million according to Forbes, ranking last in the league. The Bucks have won one league title (1971), two conference titles (1971 and 1974), and thirteen division titles (1971–74, 1976, 1980–86, 2001). They have featured such notable players as Kareem Abdul-Jabbar, Sidney Moncrief, Oscar Robertson, Bob Lanier, Glenn “Big Dog” Robinson, Ray Allen, Andrew Bogut, Michael Redd, Terry Cummings, Vin Baker, Jon McGlocklin, Brandon Jennings, Toni Kukoč, Giannis Antetokounmpo, Jabari Parker, and Anthony Mason (basketball).