I think it was a perfectly acceptable explanation. As I recall, Milton only used the proceeds from the UFO Center to fund his alien research. I don't think it was expressly stated in the show, but from observation episode to episode, it doesn't seem like Milton was making much headway. Brody buying him out for (apparently) a significant amount makes sense as I figure Milton would jump at the chance for a large sum of cash to use to greatly further his research without having to split his time between running the Center and chasing after clues. It's what I would do if I were an alien-chasing nutjob like Milton. Plus I would keep a close eye on Brody because even as an alien-chasing nutjob, I'd find someone who's willing to pay so much for a tourist trap in a small town highly peculiar. In my mind, that person would either also be an alien-chasing nutjob, or someone trying to cover up the truth. In either scenario, I would use it to my advantage by keeping tabs on that person while using their cash to pursue my own research. Anyway, that's just what I think... maybe Milton finally got tired of spending all his cash with no return and decided to throw in the towel and live hassle free in the Bahamas somewhere. It wouldn't be the first time in the history of the world someone has had an epiphany and realizes midway through their life that their existence thus far has been wasted unsuccessfully chasing their obsession-- hmmmm..... nahhhh, Milton is the hopeless type. He's probably still to this day interviewing purported abductees and blazing through the world looking for crop circles and whatnot lol.
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