Floyd Mayweather interested in buying the Clippers?

[7_rocket]

You have to be a billionare to buy a high profile NBA team. Floyd ain't a billionaire

/thread

Didn't know Jay Z was a billionaire

[Pish Flaps]

If the best ever fighter, Floyd 'Money' Mayweather wants to buy an NBA team definitely he can afford it with lots more left for him to continue his luxurious life style.

TMT

[Hougigo]

If the best ever fighter, Floyd 'Money' Mayweather wants to buy an NBA team definitely he can afford it with lots more left for him to continue his luxurious life style.

TMT

He's not going to buy the team... just a piece

[( . Y . )]

Didn't know Jay Z was a billionaire

The real owner is a russian billionaire. Jay Z has no say in how the team is ran because he doesnt own enough of the franchise.

[285Kid]

Donald Sterling sell Clippers to Magic Johnson & Floyd Mayweather = a good exit stratedy for the NBA

[Jim Tom]

He's not going to buy the team... just a piece

The majority shareholder owns the team and yes he can buy the team.
He can form an investing company,sink in some bit of his cash so investors know he has committed and they will come on board. He does not have to be a billionaire to do that. The difference with JZee is probably because he was approached. When you are approached you don't have much leverage since it was not your idea but if you started it you choose who to go with at your own terms.

[( . Y . )]

Obviously he would look for a group of investment partners. He wouldn't do it himself.

Why plenty of people own 51% percent of a franchise. That is what we are talking about here. Real owners. Who can run the team. Not .5 percent owners buying in with zero power.

[( . Y . )]

The majority shareholder owns the team and yes he can buy the team.
He can form an investing company,sink in some bit of his cash so investors know he has committed and they will come on board. He does not have to be a billionaire to do that. The difference with JZee is probably because he was approached. When you are approached you don't have much leverage since it was not your idea but if you started it you choose who to go with at your own terms.

Yeah bro. He's going to start a wildly successful investment company, raise capitol and buy a team. Meanwhile, his other company TMT still prints shirts out with Hanes tags.

[Russian Crushin]

Jayz said it once. "1% of a billion more than ***** ever seen but still they wanna act like it's an everyday thing" only in America can you get made fun of for owning a team even if it's just partial

Im just saying, owning a tiny percentage is not being a majority owner, its odd how much attention is on him that he "owns the dodgers". I can buy stock in any publicly traded company and say i own that company too

[badass316]

The majority shareholder owns the team and yes he can buy the team.
He can form an investing company,sink in some bit of his cash so investors know he has committed and they will come on board. He does not have to be a billionaire to do that. The difference with JZee is probably because he was approached. When you are approached you don't have much leverage since it was not your idea but if you started it you choose who to go with at your own terms.

Except no investment group in the right frame of mind would ever let Floyd near them if they're serious about purchasing an NBA franchise. Hypothetically they'd be trying to purchase a franchise from a supposed racist owner yet they would knowingly include a high profile bigot as one of their partners? Highly unlikely. I'm sure they can find far more suitable partners with much cleaner backgrounds. Oh, and I don't think the NBA would like that idea either.