«Breaking News» LeBron James wants to buy his own NBA franchise after he retires like Hornets owner Michael Jordan

LeBron James is prepared to follow NBA legend Michael Jordan once again – this time by becoming an owner of one of the league's 30 franchises.

In speaking with The Athletic, the Los Angeles Lakers star said he hopes to become an NBA owner just as Jordan did with the Charlotte Hornets: 'Ain't no maybe about it, I'm going to do that s***.' 

Jordan, 55, is the only player to ever become the principal owner of an NBA team. In 2010, the native North Carolinian purchased the Charlotte Bobcats (now the Hornets) for $275 million, and has since increased his stake to a reported 90 percent. According to Forbes, the Hornets are now worth $1.25 billion, which is a 19 percent increase from a season ago.

LeBron James, 34, is already eyeing a post-playing career gig as an NBA owner 

Jordan, 55, is the only player to ever become the principal owner of an NBA team. In 2010, the native North Carolinian purchased the Charlotte Bobcats (now the Hornets) for $275 million, and has since increased his stake to a reported 90 percent. According to Forbes, the Hornets are now worth $1.25 billion, which is a 19 percent increase from a season ago

Like Jordan, the 34-year-old James wears the number '23' and has endorsed Nike throughout his professional basketball career. 

James has earned nearly $270 million over his 16-year NBA career, not including any of his lucrative endorsement deals. 

He currently has a 2 percent stake in Liverpool FC, and has the endorsement of Lakers president and Los Angeles Dodgers minority owner Magic Johnson, who believes the NBA needs more minority owners.

'Having Michael in Charlotte is great and it's special, but we need more,' Johnson told The Athletic. 'LeBron would be outstanding as the second player to be an owner in our league. We need more African-Americans, for sure, and LeBron would just be fantastic to become the next owner — after he leads the Lakers to an NBA championship, of course.

James has earned nearly $270 million over his 16-year NBA career, not including any of his lucrative endorsement deals. He currently has a 2 percent stake in Liverpool FC

'That's the way he should feel, and I wouldn't expect anything less,' Johnson continued, speaking of James's desire to be his own boss. 'I always wanted to be my own boss, too, and knock on wood and with God's blessings, I've been able to do that. He should want to continue to do it, too.'

That might be a tall order as James and the Lakers are entering the All-Star break at 28-29, marking just the second time in his illustrious career that the four-time MVP has been on a losing team this late in the season.

Jordan, who bought the team from BET founder Robert Johnson, is not the only former player to own a major American sports franchise.

Pittsburgh Penguins legend Mario Lemieux has been the franchise's owner since 1999, when he bought the bankrupt team. Since then, the Penguins have captured three Stanley Cups to go with the two the Penguins won when Lemieux played.

Former Baltimore Colts receiver Jerry Richardson was the founding owner of the Carolina Panthers and kept the team until 2017, when he sold the franchise after being accused of sexual harassment. 

Pittsburgh Penguins legend Mario Lemieux (raising the cup) has been the franchise's owner since 1999, when he bought the bankrupt team. Since then, the Penguins have captured three Stanley Cups to go with the two the Penguins won when Lemieux played

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Main photo article LeBron James is prepared to follow NBA legend Michael Jordan once again – this time by becoming an owner of one of the league’s 30 franchises.
In speaking with The Athletic, the Los Angeles Lakers star said he hopes to become an NBA owner just as Jordan did with the Charlotte Hornets: &...

It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.

Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.

Dianne Reeves US News HienaLouca





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