"U.S. Sen. Herb Kohl (D-Wis.), the owner of the Milwaukee Bucks, borrowed at least $55 million last year from the National Basketball Association's credit facility, according to his Senate financial disclosure form.

Disclosure rules in the Senate do not require senators to disclose the exact amount of their investments, assets and liabilities. But the records indicate that Kohl borrowed at least $55 million in three separate loans in behalf of the Bucks.

The records also indicate that Kohl used some of the proceeds for investments by two of his trusts. That is allowable under NBA rules for those borrowing from the $2 billion credit facility.

It is not uncommon for NBA owners to borrow from the league's credit facility, largely because of favorable interest rates. A total of 19 teams in the league did just that last year. Moreover, borrowing from the facility does not necessarily indicate a team is in financial trouble, although Kohl has said for years, without providing specific details, that the Bucks have been losing money for years."