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MILWAUKEE -- The NBAs board of governors unanimously approved the sale Thursday of the Milwaukee Bucks to New York investment firm executives Wesley Edens and Marc Lasry, bringing the forlorn franchise one step closer to starting a new era. Former U.S. senator Herb Kohl reached agreement with them last month for a price tag of about $550 million after they pledged to keep the team in Milwaukee. The NBA said Thursday in a statement that the transaction is expected to close shortly. The leagues expected approval comes days before the NBA holds its draft lottery. The Bucks, who had a league-worst 15 wins, have the best odds to get the No. 1 pick next week for Junes talent-rich draft. "The Bucks and their fans will benefit greatly from their vast business experience, energy and strong commitment to Milwaukee," commissioner Adam Silver said in a statement. Lasry and Edens committed to providing $100 million to help build a new arena. Kohl also announced he would donate $100 million for a new facility to replace the BMO Harris Bradley Center, the teams downtown home, which opened in 1988. Edens had said he hoped to get a plan completed for a new arena in a year, and have it built in a couple of years. He thought it might take about $400 million to build a new facility, though the new owners might face a tricky task in seeking public funding if they dont get more private help. Kohl bought the Bucks for $18 million in 1985. The Milwaukee native, whose family owned a chain of department stores, was hailed as a hometown hero. Silver praised Kohl for his "unprecedented and historic financial gift toward the construction of a new Milwaukee arena and for his outstanding service to the league and his community over his nearly 30-year tenure." An injury-plagued season left the Bucks a franchise-worst 15-67. They have finished above .500 only three times since 2000, though Milwaukee did make the playoffs in 2012-13. The Bucks were swept in four games by Miami in the first round. With new owners and a 25 per cent chance to pick up the No. 1 pick in the draft, the Bucks face a defining off-season. Even if it doesnt win the lottery, Milwaukee cannot fall below the fourth pick in a draft stocked with top prospects, including Dukes Jabari Parker and Kansas Andrew Wiggins. Darcy Tucker Jersey . As if he had been rehearsing it, Vasquez looked around with a grimacing stare as he clinched two fists and flexed his muscles. What do you think of DeMar DeRozans face after he hits a big shot, he was asked moments earlier. Tim Horton Jersey . - The Baltimore Ravens have hired Steve Spagnuolo to be their secondary coach and assistant head coach. http://www.officialmapleleafspro.com/Tiger-williams-maple-leafs-jersey/ . It was a loss. But it was also a learning experience. Deron Williams and Joe Johnson had 24 points each to lift Brooklyn to a 94-87 win over the Raptors, making their first playoff appearance since 08. "I thought we played a little bit as expected as it is our first playoff game," Toronto coach Dwane Casey said. Bruce Boudreau Jersey . Tristan Jackson returned a missed field goal 129 yards early in the fourth quarter as the Roughriders beat the B.C. Wendel Clark Jersey . Or take a relaxing vacation somewhere warm. Brayden Schenn and Scott Hartnell scored, Ray Emery stopped 32 shots and the Flyers beat the Calgary Flames 2-1 on Saturday for their fourth straight victory.New York, NY - The NBA suspended New York Knicks forward Quincy Acy one game without pay for committing a flagrant foul 2 which initiated an altercation with Washington Wizards guard John Wall. The incident, which resulted in an ejection for Acy, occurred with 5:31 remaining in the fourth quarter of the Knicks 102-91 loss to the Wizards at Madison Square Garden on Christmas Day.dddddddddddd. Wall took exception to a hard foul from Acy, retaliating with a shove. The New York forward swung his right arm as if to throw a punch before holding up. The 24-year-old Wall was fined $15,000 for pushing Acy and escalating the incident. Acy will serve his suspension on Saturday when the Knicks travel to Sacramento to play the Kings. ' ' '