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LeBron James, Who Owns Stakes in Iconic MLB Team and a NASCAR Team, Might Use $1 Billion Net Worth to Secure Son Bronny’s Future

Published 08/12/2022, 8:30 PM EDT

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The NBA is exploring adding expansion teams in Vegas and Seattle, and LeBron James is a frontrunner for owning the Las Vegas franchise. Not to mention, James has expressed his desire to own a franchise in Vegas for quite some time now.

Notably, LeBron owns a stake in several sporting franchises across different sports. Most famously, he owns a minority stake in EPL giants Liverpool FC. However, he also owns minority stakes in MLB’s Red Sox and NHL’s Pittsburgh Penguins. 

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Hence, it is only right that he owns a franchise in the sport that was responsible for his rise to greatness. It is projected that LeBron James will be involved in NBA’s expansion to Las Vegas, which is reported to occur in 2025. 

Reportedly, LeBron wishes to end his career after playing with his son, Bronny James. Bronny currently plays for Sierra Canyon and is expected to be in the NBA by 2025 as well. This raises the question of if LeBron will play with Bronny for Las Vegas, or will the Los Angeles Lakers pair the two up by giving Bron an extension. 

LeBron James and Bronny to play for Las Vegas in 2025?

LeBron expressed his desire to own a franchise in Vegas on his podcast, The Shop: UNINTERRUPTED. He expressed and reiterated his desire to be the frontrunner for a franchise in Vegas. And if LeBron desires to retire after playing with Bronny, it is quite likely that the expansion team would be the place.

LeBron said, “I want to own a team. I want to buy a team, for sure. I want a team in Vegas. Want the team in Vegas.”

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On the off chance that Bronny fails to make the NBA, LeBron James owning a franchise would increase his odds of seeing a roster spot. This may just make playing with his son a dream come true for LeBron.

Adam Silver shuts down talks of any expansion

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LeBron James’ billionaire status fueled the NBA expansion conversation. Sports Illustrated recently covered Adam Silver’s views on NBA potentially targeting Seattle and Vegas as destinations for NBA.

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Commissioner Silver said, “We are not discussing that at this time.” He added, “As I’ve said before, at some point, this league will invariably expand, just not at this moment.”

With Seattle and Vegas, the NBA will become a 32-team league. And most importantly, LeBron can fulfill his desire to play with his son and own an NBA franchise with this Las Vegas expansion.

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Written by:

Shrey Gupta

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Shrey Gupta is an NBA writer for EssentiallySports. He is currently a third year undergraduate student at Krea University in Andhra Pradesh earning his degree in Economics, while also creating content for ES and gaining his first experience in the field of sports journalism and writing. An avid basketball fan, his current favorites are Stephen Curry and D'Angelo Russell.
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Edited by:

Melroy Fernandes