The Milwaukee Bucks are an American professional basketball team in Milwaukee. The Bucks compete in the National Basketball Association (NBA) as a member of the Central Division of the Eastern Conference. The team was founded in 1968 as an expansion team, and plays at Fiserv Forum. Former U.S. Senator Herb Kohl was the long-time owner of the team, but on April 16, 2014, a group led by billionaire hedge fund managers Wes Edens and Marc Lasry agreed to purchase a majority interest in the team from Kohl, a sale which was approved by the owners of the NBA and its Board of Governors one month later on May 16. The team is managed by Jon Horst, the team's former director of basketball operations, who took over for John Hammond.

Milwaukee is the most populous city in the U.S. state of Wisconsin and the county seat of Milwaukee County. With a population of 577,222 at the 2020 census, Milwaukee is the 31st-most populous city in the United States, and the fifth-most populous city in the Midwest. It is the central city of the Milwaukee metropolitan area, the 40th-most populous metro area in the U.S. Milwaukee is categorized as a "Gamma minus" city by the Globalization and World Cities Research Network, with a regional GDP of over $102 billion in 2020.