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There have been a number of former star athletes who have gotten into the ownership business, including a few notable NBA players with NBA franchises.
Michael Jordan, arguably the greatest player of all time, sold his entire stake of majority ownership of the Charlotte Hornets after being the majority owner for 13 years; Hall of Famer Grant Hill purchased a stake in the Atlanta Hawks in 2015, which he still co-owns today; Hall of Famer Dwyane Wade purchased a small stake in the Utah Jazz, which has seen impressive growth over a short period of time.
Current Golden State Warriors superstar guard Stephen Curry isn’t ruling out a future in NBA ownership, either.
“For me, that’s definitely on the table,” Curry recently told CNBC. “I think I could do a pretty good job of helping sustain how great the NBA is right now and what it takes to run a championship organization.
“I know I have a lot more to accomplish on the court before I move into other roles in the league.”
Curry just signed a one-year, $63 million extension with Golden State that will keep him on contract through the 2026-27, his age-38 season. By the end of his contract, Curry will have made over $532 million just via contracts, per Spotrac; one would assume the greatest shooter ever has banked tens and hundreds of millions in endorsement and shoe money, too.
The NBA ratified an 11-year, $76 billion media rights deal last spring, opening up means for expansion. Both Shaquille O’Neal and LeBron James, apart of Fenway Sports Group, have voiced interest in owning an expansion team in Las Vegas, should that become a reality.
Could Curry initially seek a minority investment there or with another NBA franchise? Just know now that it’s in the cards, even if it’s not certain yet.
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