• Loading stock data...
Sunday, June 29, 2025

Lebron Wants to Own an NBA Team, Too

Kim Klement-USA TODAY Sports/Design: Alex Brooks

LeBron James had a wildly successful week. The 36-year-old became the oldest player in NBA history to record back-to-back triple-doubles, he launched a new partnership with PepsiCo, and it was revealed he’ll be part-owner of the Boston Red Sox.

Yet King James the businessman wants more. In a postgame interview on Tuesday, he said his next career move could be owning an NBA team.

Michael Jordan is the sole former player to become a majority owner of an NBA team. He bought the Charlotte Hornets for $180 million in 2010 and owned 97% of the team until he sold a 20% stake in 2019.

LeBron has owned a small percentage of Liverpool FC since 2011, the Red Sox deal just needs to be finalized, and NBA team ownership would add him to a short list beyond Jordan.

  • Magic Johnson owned 10% of the Los Angeles Lakers at one time. He currently owns a 2.3% stake in the Los Angeles Dodgers, and is a co-owner of LAFC.
  • Shaquille O’Neal bought somewhere between a 2% and 4% stake in the Sacramento Kings in 2013.
  • Grant Hill was part of a group that purchased the Atlanta Hawks for $850 million.
  • Last month, Renee Montgomery became the first former WNBA player with an ownership stake in a WNBA team, the Atlanta Dream.

“I know what it takes to win at this level, I know talent, and I also know how to run a business as well,” James said. “My goal is to own a NBA franchise, and it’ll be sooner than later.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Joopiter, Michael Jordan card

Michael Jordan Rookie Card Sells for Record $2.5M in Eyebrow-Raising Auction

The auction, which received only one bid, sets a new record.

NBA Draft’s Most Shocking First-Round Pick Repped by LeBron’s Agent

Rich Paul and the Klutch Sports Group represent Yang.
exclusive

LeBron James’s Growing Amazon Ties Could Lead to Prime Role

James has praised Prime’s NBA talent hires for the 2025–26 season.

Featured Today

Seattle Rough & Tumble

Women’s Sports Bars Are on the Rise. Survival Isn’t Guaranteed

Some women’s sports bars are cashing in. Others are clawing for funding.
June 27, 2025

Shitposters Have Taken the Reins of Pro Sports’ Official Voices

Meet the social media pros turning sports teams into internet trolls.
Jun 17, 2025; Sunrise, Florida, USA; Florida Panthers center Sam Reinhart (13) hoists the Stanley Cup after winning game six of the 2025 Stanley Cup Final against the Edmonton Oilers at Amerant Bank Arena
June 26, 2025

Stanley Cup’s International Summer Tour: Rules, Repairs, and Raucousness

No pro trophy tour compares to the NHL’s three-month global victory lap.
Mar 15, 2025; Fort Worth, TX, USA; UAB Blazers forward Yaxel Lendeborg (3) dribbles the ball upcourt against the North Texas Mean Green during the first half at Dickies Arena
June 22, 2025

NIL Is Shrinking the Pool of NBA Draft Entrants

Agents are now advising many players to stay in school.

As Wimbledon Approaches, Sinner and Alcaraz Solidify New Era

Sinner and Alcaraz have won the last six Grand Slams.
Jun 24, 2025; Arlington, Texas, USA; Dallas Wings guard Paige Bueckers (5) controls the ball as Atlanta Dream guard Maya Caldwell (33) defends during the first half at College Park Center.
June 27, 2025

Paige Bueckers Eyes Expanded Season, ‘Rightful Pay’ in New CBA

“The respect, attention, the accessibility—you see everything growing.”
Sponsored

Hottest Matchups Following NFL Schedule Release

The NFL released the 2025 regular-season schedule, and anticipation is already building in the ticket marketplace with four months to go.
Faith Kipyegon
June 26, 2025

Nike’s Sub-4:00 Stunt Falls Short With Fastest Women’s Mile Ever

Male pacers and cutting-edge tech helped Kipyegon shave off one second.
June 26, 2025

Ace Bailey’s Strategy May Have Cost Him $9M—and Preferred Team

Bailey reportedly wanted to go to the Wizards, Pelicans, or Nets.
Indiana Fever forward DeWanna Bonner (25) celebrates a 3-pointer Tuesday, June 3, 2025, during a game between the Indiana Fever and the Washington Mystics at Gainbridge Fieldhouse in Indianapolis.
June 25, 2025

DeWanna Bonner May Clear Waivers After Being Cut by Fever

The Fever signed her to a one-year unprotected contract just four months ago.
June 24, 2025

NBA’s French Revolution Set to Continue With 2025 Draft

Four French players are expected to be drafted Wednesday.