• Loading stock data...
Monday, May 6, 2024

LeBron James Proposes Forming New Atlanta Dream Ownership Group

Kirby Lee-USA TODAY Sports

LeBron James teased a sports team ownership move on Twitter. 

Following Tuesday’s U.S. Senate runoff election, which saw Rev. Raphael Warnock defeat incumbent Kelly Loeffler, James tweeted: “Think I’m gone put together an ownership group for the The Dream. Whose In? #BlackVotesMatter.”

Loeffler, who owns 49% of the WNBA’s Atlanta Dream, saw the team — and other WNBA players — wear “Vote Warnock” T-shirts and lead a voting effort after she came out against the Black Lives Matter and Say Her Name movements. 

The players helped raise $236,000 in donations for Warnock’s campaign within days of wearing the shirts.

Los Angeles Dodgers outfielder Mookie Betts responded to James’ tweet with: “Count me in.” Comedian Kevin Hart said he’s in as well, as did multiple NFL players. Former NBA player Baron Davis previously offered to buy Loeffler’s shares.

James isn’t new to team ownership:

  • He owns a 2% stake in the Liverpool Football Club
  • His business partner Maverick Carter has said James wants to be part of an NBA or NFL ownership group

With NBA valuations surging — many teams are valued at more than $2 billion — the Dream would be a more affordable entry to the American sports ownership world. The average WNBA team is likely worth around $13.7 million.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Angel Reese’s WNBA Preseason Debut Racks Up Millions of Views on Phone Stream

The WNBA mistakenly said the game was available on League Pass. 

Candace Parker Leaves Basketball to Go All In on Business

She announced intentions of owning both an NBA and WNBA team.

Iowa Athletes Sue State, Citing ‘Unconstitutional’ Tracking of Gambling

They claim investigators didn’t get warrants, misled about the purpose of questioning.

Caitlin Clark’s Nike Deal Reportedly Worth $28 Million Over Eight Years

The deal would become the largest for a women’s basketball player.
podcast thumbnail mobile
Front Office Sports Today

Phil Simms on His CBS Departure and Today’s NFL

0:00
0:00

Featured Today

May 6, 2023; Miami Gardens, Florida, USA; Red Bull driver Max Verstappen (1) of the Netherlands walks through the garage area following qualifying for the Miami Grand Prix at Miami International Autodrome.

Max Verstappen Is Unstoppable. Is That Hurting F1 With New American Fans?

Formula One could be facing an inevitable plateau in the United States.
Apr 17, 2024; Tempe, Arizona, USA; Arizona Coyotes left wing Lawson Crouse (67) celebrates after scoring a goal during the third period against the Edmonton Oilers at Mullett Arena.
May 4, 2024

Everything to Know About the Coyotes’ Second Chance at NHL Life

The clock is ticking in order to restart a Phoenix expansion team.
April 28, 2024

Just Like We Drew It Up? Stadium Renderings Can Excite, Confound, and Anger

During a historic wave of development, drawings wield more power than ever.
The scene in the green room behind the NFL Draft Theater in Detroit on Tuesday, April 23, 2024. Thirteen college players who will be picked in the first round will be waiting in this large room with friends, family, agents and college coaches on Thursday night.
April 27, 2024

More NFL Draft Prospects Are Staying Home, and TV Networks Are Adjusting

Whether making or missing out on millions, more prospects are staying home.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

Tom Brady’s Netflix Roast Offers Rare Reminder of Robert Kraft Allegations

The Patriots’ owner was charged with soliciting prostitution in Florida in 2019.
May 3, 2024

Why Hasn’t Marvin Harrison Jr. Signed an NFLPA Licensing Deal?

Harrison can’t appear in video games and on trading cards without a deal.
May 3, 2024

Want to Interview Patrick Beverley? Subscribe to His Podcast First

The Bucks’ guard bounced a producer from his postgame scrum after she said she didn’t subscribe to his podcast.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
May 3, 2024

‘A Swoosh Affair’: Nike Accused of Undue Influence On Picking Olympics’ Toughest Marathon Team

The last spot on the Nike-sponsored team controversially went to a Nike athlete.
May 2, 2024

Ryan Garcia’s PED Positive Latest in Long Line of Erratic Behavior

Garcia stunned Devin Haney last month, but it has come out that he tested positive twice before the fight.
May 1, 2024

New Report Shows How Bookie Laundered Ohtani’s Stolen Cash

Ohtani’s stolen money wound up in a Las Vegas casino.
April 29, 2024

Bigger Gloves, Shorter Rounds: Texas Board to Sanction Paul-Tyson Fight

Rounds will be two minutes instead of three, and gloves will be heavier than usual.