LeBron is Looking Into Growing His Off-Court Empire
Los Angeles Lakers' legendary figure, LeBron James, is approaching the twilight of his illustrious 21-year NBA journey. In a recent move, he took a break from his on-court exploits to attend Game 1 of the WNBA Finals, where the Las Vegas Aces faced off against the New York Liberty. What caught everyone's attention was LeBron's intriguing interest in becoming an owner of an NBA team in Las Vegas.
The Las Vegas Aces, reigning WNBA champions, embarked on their quest for a repeat title, with LeBron James as a spectator during this pivotal clash. His presence seemed to infuse the arena with electrifying energy.After playing his first preseason game in front of the passionate Vegas crowd, LeBron didn't shy away from asking the crowd a question that hinted at his future ambitions.
Beyond his iconic basketball career, LeBron James has ventured into diverse realms, from wine-making to movie production, philanthropic work, and establishing his own media empire. These ventures have contributed to his remarkable financial success, pushing his net worth past the billion-dollar mark even before retirement.
NBA Commissioner Adam Silver has already hinted at the league's potential expansion, with Las Vegas being one of the prime destinations under consideration, alongside the possibility of a return to Seattle.
Notably, LeBron wouldn't be the first Lakers legend to make the leap into team ownership. Magic Johnson, another Lakers icon, has achieved significant success in various sports franchises, including the Dodgers, Commanders, and LA F.C.
If LeBron chooses the path of team ownership post-retirement, it's likely that he and Magic Johnson would exchange valuable insights. The transition from a player to an owner is distinct from pursuing a general manager role.
In this context, it's worth remembering that even basketball's greatest player, Michael Jordan, faced challenges in his front office role. Magic Johnson, too, had his share of struggles during his time with the LA Lakers before stepping down in 2019.
The opportunity for LeBron to join Las Vegas' potential NBA ownership group offers him a unique chance to surpass his historic rival, Michael Jordan, in the realm of team ownership. Jordan's tenure with the Charlotte Hornets didn't yield the desired results, but LeBron James could script a different story in Las Vegas.
Sports Illustrated
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October 12 | 27 answers LeBron is Looking Into Growing His Off-Court Empire Would LeBron be a good team owner? | ||
Yes | 16 | 59.3 % |
No | 11 | 40.7 % |
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