Floyd Mayweather Targets Ownership Stake in NBA Team

Former five division world champion Floyd Mayweather is interested in purchasing an NBA team, according to TMZ Sports.

Mayweather met with Lakers president of basketball operations Magic Johnson on Wednesday, and he told them that his discussion with the Hall of Famer motivated him to pursue an ownership stake in a franchise.

"It's about time for me to buy an NBA team," Mayweather said, per TMZ Sports. "If you're ready to sell your NBA team, please get in touch with me."

Mayweather has totaled around $700 million in career earnings over his 49-fight career. His net worth in 2016 was $340 million, according to Forbes. He would likely join an ownership group in the same way Derek Jeter is bidding for the Marlins with former presidential candidate Jeb Bush.

However, Mayweather’s lengthy history of domestic violence could be a major issue in his ownership plans.

In 2002, Mayweather was charged with two counts of domestic violence and one count of misdemeanor battery. He received a sixth-month suspended sentence. In 2004, he was convicted of two counts of misdemeanor battery against two different women; these charges were "dismissed per negotiation" in 2008.

In 2011, Mayweather pleaded guilty to misdemeanor battery and received a 90-day jail sentence for an incident involving his former girlfriend Josie Harris. He was also charged with felony battery in the case, but that charge was dropped as part of the plea deal.

Ultimately, existing owners must vote to approve any potential new owner - and that's where Mayweather's past legal issues could very well come into play.

Johnson, who is a very big fan of the fighter and was part of an ownership group that bought the Dodgers in 2012, made his opinions clear on Twitter Wednesday.

“Hanging out with Floyd ‘Money’ Mayweather, boxing world champion and an excellent businessman!” Johnson tweeted, along with a picture of him posing next to Mayweather.