It was announced yesterday that Venus and Serena Williams would be the two newest partial owners of the Miami Dolphins franchise. They now join the likes of Marc Anthony, Jennifer Lopez, and Gloria Estefan—and that’s just the one team. In fact, there are several celebrities with a stake in different professional organizations. They include:
Michael Jordan & Nelly, Charlotte Bobcats
Usher Raymond, Cleveland Cavaliers
Magic Johnson, Los Angeles Lakers
The Walt Disney Company, Anaheim Angels
Jimmy Buffet, Miami Dolphins (partner, NOT owner)
Jon Bon Jovi, Philadelphia Soul of the Arena League
Jay-Z, New Jersey Nets
What do you think of celebrities feeling the need to expose and emphasize their outrageous wealth by purchasing small portions of professional sports organizations?
I’m a mixed bag when it comes to this question…. On one hand, I believe individuals such as Michael Jordan and Magic Johnson know the sport and could be legitimate owners, so it would be a positive relationship. In addition, the “celebrity” factor of bringing in non-sports figures could attract new demographics of viewers and could serve to foster endorsements. On the other hand, I feel that these corporations, performers, and athletes should stay in their respective industry and leave the sports teams be- you don’t see Kobe Bryant trying to purchase Def Jam Records, do you?
What do you think?
Michael Jordan & Nelly, Charlotte Bobcats
Usher Raymond, Cleveland Cavaliers
Magic Johnson, Los Angeles Lakers
The Walt Disney Company, Anaheim Angels
Jimmy Buffet, Miami Dolphins (partner, NOT owner)
Jon Bon Jovi, Philadelphia Soul of the Arena League
Jay-Z, New Jersey Nets
What do you think of celebrities feeling the need to expose and emphasize their outrageous wealth by purchasing small portions of professional sports organizations?
I’m a mixed bag when it comes to this question…. On one hand, I believe individuals such as Michael Jordan and Magic Johnson know the sport and could be legitimate owners, so it would be a positive relationship. In addition, the “celebrity” factor of bringing in non-sports figures could attract new demographics of viewers and could serve to foster endorsements. On the other hand, I feel that these corporations, performers, and athletes should stay in their respective industry and leave the sports teams be- you don’t see Kobe Bryant trying to purchase Def Jam Records, do you?
What do you think?
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