• Loading stock data...
Monday, April 28, 2025

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

Jun 21, 2024; Boston, MA, USA; Boston Celtics majority owner Wyc Grousbeck holds the Larry O’Brien trophy prior to the Boston Celtics championship parade.

The Celtics Succession Plan Remains Murky

The transfer of power to a private-equity group is still unresolved.
Apr 13, 2025; Tampa, Florida, USA; Tampa Bay Rays center fielder Jake Mangum (28) scores a run against the Atlanta Braves in the sixth inning at George M. Steinbrenner Field.

The Rays Groundskeepers Are Adjusting to Life Outside the Dome

After nearly three decades in a dome, Tampa groundskeepers were forced outside.

The Former NBA Agent Who Became a Pickleball Deputy Commissioner

Chris Patrick went from representing Jimmy Butler to pickleball deputy commissioner.
Apr 5, 2025; San Antonio, TX, USA; Duke Blue Devils forward Cooper Flagg (2) reacts after a three point basket against the Houston Cougars during the first half in the semifinals of the men's Final Four of the 2025 NCAA Tournament at the Alamodome.

Cooper Flagg’s Timing Is Perfect for the NBA and USA Basketball

The projected No. 1 pick just declared for the draft.

Featured Today

Apr 14, 2025; New York, New York, USA; Paige Bueckers is interviewed by ESPN after being selected with the number one overall pick to the Dallas Wings in the 2025 WNBA Draft at The Shed at Hudson Yards

ESPN’s WNBA Coverage Mirrors the League’s Stunning Growth

“I don’t think we stand still in our coverage of women’s sports,” says Rowe.
Mar 16, 2025; Milwaukee, Wisconsin, USA; Oklahoma City Thunder guard Shai Gilgeous-Alexander (2) celebrates with guard Isaiah Joe (11) after score in the fourth quarter against the Milwaukee Bucks at Fiserv Forum.
April 20, 2025

Unorthodox OKC: The Thunder Redefined Tanking to Become NBA’s Best

A rebuild years in the making has OKC in the driver’s seat.
Mar 13, 2020; Augusta, GA, USA; The front entrance at Augusta National Golf Club in Augusta, Ga., Friday morning. The Masters Tournament has been postponed due to coronavirus concerns.
opinion
April 20, 2025

What’s It Like to Play Augusta? A Day on the World’s Most..

Inside a round at the most exclusive club in the world.
Dec 9, 2024; Toronto, Ontario, CAN; New York Knicks guard Jalen Brunson (11) watches as center Karl-Anthony Towns (32) celebrates after making a three point basket to clinch a win against the Toronto Raptors near the end of the fourth quarter at Scotiabank Arena
April 19, 2025

Same Owner, New Knicks: New York’s Remarkable Rebound

The franchise’s renaissance didn’t happen overnight.

Shedeur Sanders Prank Call Was Made by Son of Falcons DC Jeff..

Jax Ulbrich located Shedeur Sanders’s draft phone number on an open iPad.
April 24, 2025

Raiders Make Ashton Jeanty Highest-Drafted RB Since Saquon Barkley

Jeanty led Boise State to the College Football Playoff this past season.
Apr 4, 2025; Boulder, CO, USA; Colorado Buffaloes quarterback Shedeur Sanders (2) runs drills at the University of Colorado NFL Showcase at the CU Indoor Practice Facility.
April 24, 2025

Shedeur Sanders Not Selected in First Round of NFL Draft

There were questions around his attitude and skill set going into the draft.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

This week, Two-time Super Bowl Champion and CBS NFL analyst Logan Ryan joins us to talk the business of sports on our third installment of Portfolio Players.
NFL draft prospect, Colorado Buffaloes wide receiver Travis Hunter, arrives during the NFL Draft Red Carpet event at Lambeau Field in Green Bay on Thursday, April 24, 2025.
April 24, 2025

Jags’ Trade Up for Travis Hunter Highlights His Immense Value

The Heisman Trophy winner was drafted No. 2 overall after Jacksonville made a big move up.
Apr 20, 2025; Cleveland, Ohio, USA; Cleveland Cavaliers forward Evan Mobley (4) celebrates his three-point basket in the first quarter against the Miami Heat at Rocket Arena.
April 24, 2025

Evan Mobley’s DPOY Win Adds $45 Million to Contract

Mobley’s contract extension got more expensive with his DPOY win.
April 24, 2025

No. 1 Pick Cam Ward Is the Face of Football’s Transfer Portal..

Ward played for three teams in his college career, which started in 2020.
April 24, 2025

The Bold NFL Draft Approaches of Travis Hunter and Shedeur Sanders

The longtime college teammates are taking different professional approaches.