Stephen Curry of the Golden State Warriors has set his sights on a new venture: owning an NBA expansion team. At a recent sports business event, Curry was asked about his interest in purchasing an expansion team and responded enthusiastically, “For sure,” revealing his aspirations for future business opportunities.
The NBA is currently discussing forming new teams, with Las Vegas emerging as a leading candidate. Las Vegas, a hub for sports and entertainment, has expanded its sports fan base through the successful management of teams like the NHL’s Vegas Golden Knights and the NFL’s Las Vegas Raiders. If the NBA were to establish a new team in this environment, having a star player like Curry as an owner could represent a significant turning point for the league.
At 36 years old, Curry’s net worth is estimated to be approximately $770 million, with around $350 million earned from basketball contracts alone. If he continues to play for three more seasons, his total basketball earnings are expected to exceed $530 million. With such substantial assets, Curry is well-positioned to become the owner of a new team potentially.
However, Curry would need to retire before owning a team, as the collective bargaining agreement between the NBA and the players’ union prohibits active players from owning teams. This presents Curry with a unique challenge in balancing his future basketball career and business ambitions.
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