LeBron James Says He Will Own NBA Team After Retirement

Primetime

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Obviously, he can be a minority owner if he chooses. In terms of full or majority ownership, it will be tougher.

He doesn't have nearly as much shoe money coming in as MJ, so he will have to make some great business moves.

I think he can do it, but the franchise values are so high at this point, it's tough to visualize.

Yea, if Lebron wants to be the principle majority owner and keep that minimum 51%... the biggest obstacle is what Dan Gilbert's asking price would be, if or when he finally is interested in selling... in addition to any readily available multi billionaire suitors who could offer Gilbert 3-4 billion for the squad.

So at that point even if Lebron gets a team of investors to match that 3-4 billion that other potential suitors could offer Gilbert 10-15 years from now, if Lebron wants that 51% ownership... that's still a lot of cash he'd need to ensure he was still head honcho of his own investment team. Or else he'd just end up another glorified 'minority' owner / black mascot to some principle white jew owner.

It's possible, but it's definitely a bit harder compared to when Michael Jordan and Mark Cuban bought their franchises for under 300 million apiece.
 

Inferno

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I been saying this shyt for a while, dude will OWN that STATE when it's all said and done. He will hav some sort of ownership in ALL of their teams just off the strength of his name. He will have political power just because of his name, he could endorse mayors and congressman right now and half of the people in that state would follow just because he is LeBron. Dude has been setting himself up his entire career for life after basketball. I really believe that he looks forward to that more than actually playing basketball. He just comes off to me as more of a business man than a basketball player.

He endorsed Hillary and she lost in Ohio
 

tremonthustler1

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Except....no. The Lions are owned by the Ford family and the Tigers (as well as the Red Wings) are owned by the Illitch family. Two powerfull families who have owned their respective teams for decades and have and will continue to invest billions in the city they're based in. That's like saying the Rooney family will sell the Steeler's or the Steinbrenners will sell the Yankees.

The only franchise not owned by a Detroit dynasty is the Pistons. They're owned by an investment firm out in California. The Pistons are the only Detroit team that will be sold over the next decades

Wouldn't shock me one day.
 

Paradise50

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Why would he do that :russ:
Come help my business and you can have it :russ:
Bron is now Gilbert's heir over Jimmy nuetron:russ:
Y'all need to go outside:russ:
They think that cac gonna hand down generational wealth to Bron:wow:....if he do sell, do trust he ain't marking down shyt
 
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