Floyd Mayweather Jr. Wants To Own An NBA Team

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Mayweather hasn’t revealed which team he’s
eyeing yet.
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.

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