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LeBron James wants to own a NBA team, how does this work?

Published:2022-06-16 By Việt Long(Meta Sports) Comments
There are still many difficulties, challenges and obstacles between LeBron James and owning a team in the NBA.

In a recent conversation with the show program 822;The Shop, LeBron James publicly expressed its intention to possess a team at NBA.

Even the Los Angeles Lakers superstar chose the venue for his future team, Las Vegas.

“I definitely want to own a team. Maybe I will buy a NBA team, "LeBron shared." I want it to be in Vegas. I definitely want it to come true. "

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In 2016, James publicly shared a similar intent on a podcast. The superstar, who played for the Cleveland Cavaliers at the time, thought his game experience would go a long way in building and running the club.

This is not the first time James talked about owning a NBA team. Want to be so but how to make this ambition of LeBron is realized?

The Yahoo Sports website pointed out some of the options for "King" to enter the team owner's path in the NBA and shared some of the challenges he will face.

When is LeBron allowed to own a NBA team?

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The first level is about timing. The agreement between NBA and NBPA (NBA Players Association) clearly stipulates that athletes are absolutely not allowed to own any team shares during the game.

The current agreement will expire by 2024 and many terms are likely to change, but experts believe that the above provisions are almost certainly remained.

One option 8220;bent by law"was shown that the players can buy shares of the companies or invest in the fund owned shares of the NBA team. Although, this is not really possible because James is very difficult to get the stock of his neck.

To really have a team in the NBA, LeBron needs to wait until he retires, and the estimated time is 5-10 years.

How can LeBron own NBA team?

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There are many ways to become a team owner in NBA, and the easiest way is to buy a club directly or become the Majority Shareholder.

This option is simple but very difficult to implement by two major barriers. The first is the value of the NBA team always very high, an average of US $ 2.85 billion (according to Forbes and Sportico site).

James just became the first NBA player to win a billion-dollar mortgage hits, so you're gonna need more money than you're gonna be spending most of your years in NBA and LeBron's new score, so you're gonna have to get more money.

The next stop is the story of no team is sold, put LeBron on it.

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Specialist James will take a lot of time to really become a team leader. You need to start by buying small shares and waiting for the opportunity to buy a larger share.

This is the country Michael Jordan has made to be the boss of the Charlotte Hornets Club, ownership of the small portion of five 2006 before he became a senior citizen in five 2010, buying from the millionaire who wants to draw Robert L. Johnson.

Another example is legend Grant Hill, who patiently waited a long time to become a major shareholder in the Atlanta Hawks in 2015.

LeBron James' close friend Dwyane Wade has similar ambitions when he wants to enter the club's ownership world, starting with a small stake in the Utah Jazz.

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This shows that the Los Angeles Lakers superstar still has a long way to go to become the real team owner.

But with his ability to think and challenge clearly demonstrated in the game, it is not surprising that LeBron James officially owns a music department in the NBA.

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