The four-time NBA champion and billionaire LeBron James may soon add another feather to his cap. He has always been committed to realizing his dreams, and this one definitely checks the box. There has been a lot of chatter around James and a potential $4 billion purchase of a new NBA team.
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The Los Angeles Lakers legend has been vocal about having ownership stakes in a franchise. Bill Simmons reported that a Las Vegas team could have LeBron’s name on it. While it would take a few years to add another basketball team to the league, the conversations already around it, suggest it’s just a matter of when not if anymore.
LeBron James wants to buy a team in Las Vegas
Fans have seemingly been enraged at this prospect though. One user said, “These men are never spending $4 billion“. The basketball player has been a part-time owner of Liverpool FC and the Boston Red Sox. It is no secret that LeBron James has long been interested in buying a team in Las Vegas.
Ok that basically does tell u fsg are defo selling liverpool these man are never spending 4 billion of thier own money. So new owners 🤲🤲🤩🤩 IVE BEEN WAUTING FIR THIS
There goes the enzo money
Fenway Sports Group should focus on extending Raffy Devers first
God forbid they focus on their baseball team….
I wonder where they’re getting 4 billion from 😩
Following an exhibition game in the city, this past October, James made a public appeal to the NBA commissioner Adam Silver.
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LeBron James said he would be the first in line to own the team from Las Vegas if the league ever chose to expand. He said, “I would love to bring a team here at some point. That would be amazing… So, I want the team here, Adam. Thank you“.
James has also not shied away from repeating his wish on other public forums as well. On an episode of ‘The Shop: Uninterrupted‘, LeBron said, “I want a team in Vegas“.
The NBA expansion trajectory
At the time, Adam Silver denied discussions regarding the league’s expansion. However, he did confirm that the league “invariably will expand“. Furthermore, Silver also noted that the two essential locations for such a discussion would be Seattle and Las Vegas.
“Those are wonderful markets“, the commissioner said. He asserted that they already have a WNBA team in Seattle at the moment and that Las Vegas has proved itself to be a credible and profitable sports market.
LeBron James seemingly agreed with this statement, when he said that Las Vegas has the “best fanbase in the world“.
USA Today via Reuters
Dec 19, 2022; Phoenix, Arizona, USA; Los Angeles Lakers forward LeBron James against the Phoenix Suns in the first half at Footprint Center. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports
Compliance with the ownership regulations would require James to no longer be on the active roster. ESPN noted that “He also would need to link up with an ownership group to purchase a team, despite having a net worth north of $1 billion…”
This could be where Fenway Sports Group will come in handy.
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What do you think of an NBA team in Las Vegas owned by LeBron James? Let us know your thoughts in the comments below.