Chris Paul the NBA team owner? Future Hall of Famer open to owning his hometown Hornets or an expansion team

Chris Paul is one of the oldest players in the NBA at 39 years old. While he may have a year or two left in the tank to give a team some quality minutes, the future Hall of Fame guard is starting to think about his life after he’s done playing basketball. Whenever the day comes that he decides to retire, Paul still wants to be connected to the league, specifically by becoming an owner of an NBA franchise in the future. 

During an interview with Forbes, Paul was asked if he had a specific team in mind that he would want to own.

“Charlotte is definitely home, but I’m open,” Paul said. “Especially if there’s expansion or something like that, I’m definitely open. I’ve been involved with the league for too long, from every aspect of it. Just knowing the game, understanding the GMs, player relations, all of the different entities, that’s definitely one of my goals. I want to own a team.”

Paul also said that he would like to own a WNBA team down the line. He wants to put all that knowledge he gained from being one of the best point guards of his generation, on top of being the president of the players’ union, into team ownership.

Paul is certainly not the first current NBA player who has talked about team ownership. LeBron James has been incredibly vocal about getting into team ownership in the NBA and has specifically pegged the expected expansion team in Las Vegas as where he would like to put his money. Given the close relationship Paul and James have, perhaps the two go in jointly with other partners to own the unnamed Las Vegas team whenever the NBA does decide to expand.

Or maybe Paul does decide to buy a stake in his hometown Hornets, who were recently sold by Michael Jordan in August 2023 for $3 billion. The team also made some front-office hires on Thursday. Jordan’s 13-year tenure with the Hornets could serve as a cautionary tale for current and former players who want to get into ownership, as Charlotte was incredibly unsuccessful during his reign. Over those 13 years, the Hornets — who were previously the Bobcats when…

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Author : Jasmyn Wimbish

Publish date : 2024-05-16 17:49:28

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