James, who was recently estimated to be worth a billion dollars, is already considering his post-career options.
LeBron James of the Los Angeles Lakers is nearing the end of his illustrious career, and it’s only natural that he’s already considering options after his playing days are done. He’s previously tried his hand at acting and producing, as well as opening a school in his birthplace of Akron, Ohio, and Forbes has named him a billionaire. He was the first active player in the NBA to achieve such a financial milestone.
With the type of portfolio James has built over the course of his playing career, the possibilities are virtually endless after he retires. One aim he appears to be working toward is owning an NBA team. During the most recent episode of James’ show “The Shop: Uninterrupted,” he not only stated his desire to buy a team (before becoming a TV commentator), but he also stated where he would like to do it.
“I want to own a team, I want to buy a team, for sure,” James said. “I would much rather own a team before I talk. Yeah, I want a team in Vegas.”
Though LeBron James may desire to own a team in Las Vegas, he may have to wait a bit, as NBA commissioner Adam Silver recently stated before of Game 1 of the NBA Finals that the league will not be expanding anytime soon.
“As I previously stated, this league will surely expand at some point, but we are not contemplating it at this time,” Silver added. “A potential dilution of skill is one of the considerations to consider when expanding.” As I’ve previously stated, I find it remarkable that when you have the world’s second most popular sport after soccer, tens of millions of young men participating in this game, and then you have the 450 best players in the world competing in this league, there are a few who stand out even among those 450 as the very best of the best, but there is a drop-off in talent after that.
Though NBA commissioner Adam Silver has stated that the league is not looking to expand at this time, Seattle and Las Vegas have been the two most talked-about cities for possible franchises. Las Vegas’ mayor has stated that she is optimistic that an NBA team will be the city’s next addition.
“I really do believe NBA will be among the next,” Mayor Carolyn Goodman said via 13 Action News. “We certainly have the WNBA, that was why that was there, a sort of ‘let’s see how they do,’ and they’ve done remarkably well.”
If the NBA decides to expand, and Vegas is chosen as one of the locations to receive a franchise, it appears like LeBron will be first in line to try to buy the team. He’d have to wait until he’s finished playing to consider ownership, but given Silver’s recent comments, it doesn’t appear like expansion will happen anytime soon.