Floyd Mayweather Jr. Wants To Own An NBA Team

Now that he’s retired, Floyd Mayweather
Jr. has a lot of time on his hands. He spends a lot of that time
attending sports events, and frequently appears courtside at NBA games
around the US. Recently though, he has expressed interest in getting far
more involved in the NBA than just spectating.
At
a press conference for Ashley Theophane, who he promotes, Mayweather
spoke on his future intentions to own an NBA team. “You guys know I like
to bet on sports, but I’m looking forward to stepping back from betting
in sports now. I’m looking forward to probably getting into ownership
of an NBA team.”
When pressed
about which team Mayweather wants a stake in, he said he doesn’t know
right now. Mayweather previously expressed interest in purchasing the
Los Angeles Clippers after the Donald Sterling debacle, but Steve
Ballmer ended up purchasing the team for a sum that Mayweather will
probably never achieve. The former boxing champion would have to work
with a number of partners in order to afford an NBA team, which would
cost at least $700 million based on the market.
Of
course, we’re all for Floyd Mayweather Jr. choosing to invest in a
product rather than gamble on sports. It’s a much smarter use of his
admittedly large sums of money, and besides, he can’t legally do both.

billionbill

Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

Tidal Has Terminated Its CFO & COO

Wed Mar 2 , 2016
Tidal hasn’t been shy to switch up many of higher-up positions in the company, now on their 3rd CEO since launching last year. Today, the streaming service has announced in a statement to Complex that both CFO Chris Hart and COO Nils Juell have been “terminated”. The statement continues to explain that […]