Michael Jordan wanted to buy the Milwaukee Bucks. But in the end, Herb Kohl wasn't ready to sell them.
Kohl, a U.S. senator from Wisconsin, announced yesterday that he was pulling his team off the market.
"I have decided not to sell the Milwaukee Bucks at this time and will continue to own them, improve them, and commit them to remaining in Wisconsin," he said in a statement.
Kohl, a Milwaukee native who has owned the team since 1985, acknowledged that he had what he called "detailed discussions" with Jordan, who wants to purchase an NBA team. The deal apparently was close to getting done, but ultimately, Kohl refused to pull the trigger.