
NBA Star Turned Business Mogul Junior Bridgeman Dies at 71, Leaving a $600 Million Legacy in Montgomery
2025-03-12
Author: Ying
LOUISVILLE, Ky. — The world has lost a remarkable figure, as Ulysses L. "Junior" Bridgeman, a billionaire businessman and former NBA player, passed away on Tuesday night during an event in Louisville, Kentucky, at the age of 71.
Bridgeman's impressive business acumen was highlighted by his role as a founding partner of Manna Capital Partners. He made headlines in 2022 with a monumental investment of nearly $600 million in a state-of-the-art beverage production and distribution complex in Montgomery, Alabama. Spanning 180 acres, this ambitious "beverage park" is situated conveniently at the Hope Hull exit off Interstate 65, with the first product bottles expected to roll off the production line by 2025.
As an influential member of the NBA community, Bridgeman was not only a co-owner of the Milwaukee Bucks but was also a sought-after speaker. He delivered a keynote address at the Montgomery Area Chamber of Commerce’s 150th annual meeting, where he praised the city, stating, 'Montgomery stood out from every other community we worked with. The leadership here, the commitment of your team, the passion about this place, and your partnership, is truly genuine.'
Bridgeman's basketball journey began at the University of Louisville, leading the team to the 1975 Final Four before being drafted by the Milwaukee Bucks, where he played from 1975 until 1984. He also had a stint with the Los Angeles Clippers before returning to the Bucks for one last season, retiring from professional basketball in 1987.
Post-retirement, Bridgeman transitioned remarkably into the business world, amassing a substantial portfolio that included ownership of hundreds of Wendy's and Chili’s restaurants throughout the United States, as well as serving as a bottler for The Coca-Cola Company. He expanded his ventures further by acquiring iconic publications like Ebony and Jet magazines.
A recognized figure in the business sector, Bridgeman was honored by Forbes in February for his exceptional achievements and growth beyond his basketball career. His legacy will continue to impact both the sports and business communities, particularly with the transformative beverage park project, which promises to create jobs and stimulate the local economy.
As the news of his passing spreads, many reminisce about Bridgeman’s contributions as both an athlete and a titan in the business realm. His commitment to community development and entrepreneurship serves as an enduring inspiration.
Stay tuned for further updates on this story and remember Bridgeman's lasting influence in both sports and business.