Usher & 9 Other Celebrities Who Own Sports Teams

Posted by Elina Uphoff on Tuesday, May 21, 2024

When you're a famous superstar with millions of greenbacks, there's no limit on the entire things you might be able to buy. Many celebrities — each athletes themselves and common celebs — love sports so much that they either purchase a crew of their own or even a percentage in their favourite group.

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From soccer to basketball or even soccer, there are a selection of professional sports teams in the market that are owned through celebrities. You may no longer know it, but if you do a little little bit of digging you'll in finding out who has a stake in your favorite group too!

10 Mark Cuban - Dallas Mavericks

Mark Cuban is one of the wealthiest other folks on this planet and have been a season price tag holder and a huge fan of the Dallas Mavericks for a long time. In 2000, the opportunity arose for Mark Cuban to shop for the basketball crew.

He bought the group for $285 million and was determined to take the staff and lead them to into a a success successful franchise. It took a few years and a large number of laborious work, however the Mavericks won the 2011 championship.

9 LeBron James - Liverpool FC

We all know LeBron James as one of the best possible basketball gamers today, alternatively, what many may now not understand is he's in reality an enormous fan of football, particularly Liverpool FC. Back in 2011, LeBron didn't purchase the entire team, however somewhat a small stake in it.

He invested about $6.5 million which is an approximate 2% stake. Since then, the team has carried out really Go Cavaliers! well, and the worth of the workforce has larger, as has the price of LeBron's stake. Recently, the team has received its Premier League title.

8 Justin Timberlake - Memphis Grizzlies

Justin Timberlake is a huge fan of basketball, as now we have seen over time. Since he was born and raised in Tennessee, he mixed his place of origin with the love of basketball and became probably the most owners of the Memphis Grizzlies.

In 2012, the crew was bought through Robert Pera for $377 million, and Justin was once certainly one of 20 other events that turned into minority owners. Justin's investment workforce contributed about $5 million toward the team, which provides him an approximate 2.84% stake in the workforce.

7 Michelle Williams - Chicago Sky

Michelle Williams used to be not handiest part of Destiny's Child, however she's also a proud stakeholder in a basketball group. Instead of going for the NBA, Michelle determined to put money into the WNBA as an alternative.

Related: These Sports Stadiums In America Need To Be Knocked Down

In 2006 she invested into the Chicago Sky, as the workforce is in her home the city. There are more than one stakeholders in the workforce, and one in every of them is a well-known face to Michelle, as Mathew Knowles, also known as Beyoncé's dad, additionally has a stake within the Chicago Sky.

6 Usher - Cleveland Cavaliers

Back in 2005, Usher wanted to take a step away from the entertainment world and check out his hand in the business world. As a end result, he took his love for basketball and made up our minds that he sought after to shop for part of the Cleveland Cavaliers.

Since making an investment roughly $9 million into the crew — which believe it or now not is a tiny stake — the Cavaliers have flourished. In 2016 they gained the championship, and Usher used to be quick to blow their own horns his ring on Instagram.

5 Russell Crowe - South Sydney Rabbitohs

Russell Crowe were a fan of rugby basically his whole lifestyles. In 2005 when he noticed the rugby staff the South Sydney Rabbitohs was once suffering financially, he and a partner bought the group for $3 million.

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Over the years, Russell persevered to spend money on the staff that he have been keen on his whole life, in need of the Rabbitohs to be triumphant. There used to be even a mini-documentary about Russell purchasing the club and taking over, which brought more recognition to the crew.

4 Michael Jordan - Charlotte Hornets

We all know that Michael Jordan is among the largest gamers to ever play basketball, which is why he's the perfect individual to own a group. Since 2006, Michael have been a minority investor and assisted in making final basketball choices of the Charlotte Hornets.

He already had a large number of involvement with the crew, and he was once trying to turn out to be much more concerned. As a consequence, in 2010, Michael determined to take the plunge and purchase the whole staff from its former proprietor for $275 million.

3 Will Smith - Philadelphia 76ers

In West Philadelphia, he was once born and raised, which is why Will Smith will all the time name the town, and the whole thing involved, house. Will, in conjunction with his wife, Jada Pinkett Smith, are each large fans of basketball, specifically the Philadelphia 76ers.

In October of 2011, Will decided that they were going to take the plunge and spend money on the group. It's not sure how a lot he invested in the group, however we do know that Will and Jada have a minority stake within the workforce.

2 Drew Carey - Seattle Sounders FC

Drew Carey turns out like he would not be an proprietor of a sports staff, and it's not widely known that he is. Since visiting Spain and attending a few football fits, Drew fell in love with the game. When the chance came about for Drew to invest in a brand spanking new football crew, he took it.

As a outcome, Drew is a minority owner of the Major League Soccer staff, the Seattle Sounders. Since proudly owning a piece of the crew, they've accomplished extremely smartly, as they have gained MLS Cup Titles in 2016 and 2019.

1 David Letterman - Rahal Letterman Lanigan Racing

Former Late Show host David Letterman has an obsession with IndyCar racing. The crew was in the beginning based in 1992 by way of Indy automotive champion Bobby Rahal, in conjunction with a couple of other buyers. In 1996, David Letterman took his love for racing a step forward when he joined the racing group as an owner.

After a few years in 2004, they officially changed their identify to Rahal Letterman Racing, when they also received the Indianapolis 500 that yr. They took on any other co-owner in 2010, Mike Lanigan, and the staff's name used to be formally modified to Rahal Letterman Lanigan Racing.

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