Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

Could It Be, LeBron James Has His Eyes Set On Following In Michael Jordan’s Footsteps As A Future NBA Owner?

by Baller Alert Staff
July 18, 2018
Reading Time: 2 mins read
0
Share on FacebookShare on Twitter

After LeBron James shocked the basketball world earlier this month by signing a four year deal with the Los Angeles Lakers, King James is now looking to take his talents to the owner’s box, according to his business partner.

In a new interview with Variety, Maverick Carter revealed that James is interested in owning and operating a professional U.S. basketball franchise once he retires from the NBA. Carter also went on to add that LeBron also has interests in exploring a football franchise as well. “He does like football and he’s looked at football ownership, so he’ll be owning a basketball team and running it,” he said.

Alongside James, Carter oversees Lebron’s expansive portfolio of business endeavors and investments, including his sports marketing company, LRMR, and media production company, Uninterrupted.

In 2011, James received a 2% stake in England’s Liverpool soccer club. According to Bloomberg, LeBron’s then-$6.5 million investment — through LRMR — has since grown to an estimated $32 million thanks to the club’s value rising from $477 million in 2010 to now approximately being valued at $1.6 billion, a sports investment banker told ESPN in May.

As one can expect, LeBron’s future foray into ownership of a U.S. sports franchise will only fuel fans’ ongoing career comparisons of James and the NBA legend Michael Jordan — who’s currently a majority owner of the Charlotte Hornets.

While it may appear as an ambitious move to some, It’s no surprise that James has his eyes set on being the King of the executive suites. In May 2017, he told sports website, The Athletic, that he “will own a team someday.”

“I will own a team someday. That’s my next thing. Why do I want to own a team? I think it’ll be cool,” he said. “I’ll stay part of the game and still be able to put people in positions of power. I’ve always loved that, putting people in a position of power to feel like they can make a change and make things happen.”

Tell us #BallerNation, which sports franchise would you like LeBron to purchase?

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Tags: Lebron Jameslos angelesl lakersMaverick cartermichael jordan

Related Posts

Angel Reese Opens Up About Receiving Death Threats From Caitlin Clark Fans
Sports

Angel Reese Debuts Logo for Signature Shoe with Reebok

May 28, 2025

On Wednesday, Angel Reese unveiled her official logo with the apparel company Reebok. The excitement and reaction from her fans...

Kendrick Perkins Says Anthony Edwards Needs Marriage to Be the Face of the NBA
Sports

Kendrick Perkins Says Anthony Edwards Needs Marriage to Be the Face of the NBA [VIDEO]

May 27, 2025

Anthony Edwards is playing at such a high level at the young age of 23, and many people believe that...

Thunder’s Shai Gilgeous-Alexander Wins 2025 NBA MVP
Sports

Oklahoma City Thunder’s Big 3 Dominance Has Them One Win Away from the NBA Finals

May 27, 2025

The Oklahoma City Thunder’s game plan for Julius Randle and Anthony Edwards was executed to a tee in their Game...

Karl-Anthony Towns
Sports

Karl-Anthony Towns Drops 20 in the 4th to Rescue Knicks in Must-Win Game 3

May 26, 2025

The New York Knicks knew they couldn’t afford to fold. Down two games and staring at a 20-point deficit in...

Next Post

The Baller Alert Show - Episode 37 Recap

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d