LeBron James wants to own his own NBA team in a burgeoning sports market

los Angeles Lakers star LeBron James recently joined the exclusive billionaire club and was named the first active NBA player to reach this milestone, according to Forbes last week.

Now James straightens his eyes Becoming the owner of an NBA team.

LeBron James of the Los Angeles Lakers during a game against the New Orleans Pelicans at Crypto.Com Arena on April 1, 2022 in Los Angeles.
(Adam Pantozzi/NBAE via Getty Images)

In the latest episode of The Shop: Uninterrupted James talked about his wish to become an NBA owner.

“I want to own a team,” James said. “I definitely want to buy a team.

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“I would much rather own a team than talk. I want a team in Vegas. I want the team in Vegas.”

Las Vegas has seen massive expansion in recent years, adding the Vegas Golden Knights, Las Vegas Raiders and Las Vegas Aces to the WNBA.

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The NBA already hosts its Summer League in Las Vegas, and NBA Commissioner Adam Silver said the NBA will expand in the future.

LeBron James of the Los Angeles Lakers sits on the bench during the first half of a game against the Golden State Warriors in San Francisco April 7, 2022.
(AP Photo/Jeff Chiu)

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Before the Start of the NBA FinalsSilver has slammed rumors the league plans to expand to Las Vegas and Seattle after the 2024 season.

“This talk isn’t true,” Silver said before game 1 of the NBA Finals. “At least maybe people who aren’t in the league office are talking about the fact that after season 24 we might be expanding. We are not currently discussing this. As I’ve said before, this league will invariably expand at some point. Just not at the moment.”

LeBron James attends the Netflix world premiere of “Hustle” at Regency Village Theater on June 1, 2022 in Los Angeles.
(Kevin Winters/Getty Images)

James hasn’t been shy about voicing his desire to one day own an NBA franchise, telling reporters last year that it was one of his goals.

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“I have so much to give to the game. I know what it takes to win at this level. I know talent,” James said, according to the LA Times. “I also know how to run a business. And that’s my goal. My goal is to own an NBA franchise and that will happen sooner than later.”

James is already involved with Fenway Sports Group, which owns the Boston Red Sox, Liverpool FC and Fenway Park.