LeBron James Wants To Own A Team In Las Vegas
SALT LAKE CITY – NBA superstar and future Hall of Famer LeBron James has interest in buying a franchise and bringing it to Las Vegas, Nevada.
LeBron James sat down for a new episode of “The Shop” to talk about his desire to buy a team and bring them to Las Vegas.
“Yeah, I want to buy a team for sure,” James said. “I would much rather own a team before I talk. I want a team in Vegas.”
By the time that James retires, he could be in position to purchase a team. Last week, James officially became a billionaire, after earning $121.2 million this part year before taxes and agents’ fees.
Recently, James has been involved in the entertainment business as an executive producers for movies and game shows. Also, James was the main character for “Space Jam: A New Legacy,” which was a part of his investment in SpringHill, which is a TV and movie production outfit that was built by James and his business partner Maverick Carter. As the biggest shareholder, James benefited from the new Space Jam and HBO documentary “What’s My Name: Muhammad Ali” at a $725 million valuation.
The NBA hasn’t had an expansion team since 2004 when they brought in the Charlotte Bobcats, who are now the Hornets. Las Vegas has gained more professional franchises in recent years with the Vegas Golden Knights joining the NHL in 2017. The Oakland Raiders moved to Las Vegas in 2020.
Then the Utah Starzz of the WNBA moved to San Antonio before going to Las Vegas to be the Aces in 2018. Sin City also hosts nearly all of the college basketball conference tournaments in the west region and currently hosts the Pac-12 Football Championship Game.