Stephen Curry aims to follow in Michael Jordan’s footsteps by owning an NBA team in the future

Arjun DevganBasketball2 weeks ago153 Views

Golden State Warriors icon Stephen Curry is widely recognized as one of the greatest players in National Basketball Association (NBA) history and is credited with revolutionizing the way the game is played in the modern era.

 

Curry has won nearly every major accolade in the NBA, and now, at 36 years old, he is already planning for life after basketball. He aims to follow in the footsteps of NBA and Chicago Bulls legend Michael Jordan by owning—or becoming a part-owner of—an NBA team in the future.

 

Notably, Jordan remains the only former NBA player in league history to have held a majority stake in an NBA franchise. The six-time NBA champion owned the Charlotte Hornets for 13 years before selling the team in 2023, although he still retains a minority ownership stake.

 

Curry, meanwhile, has already invested in several ventures outside basketball, including his media company, Unanimous Media, and the youth golf tour Underrated, among others. In a recent interview with CNBC, Curry admitted he has his eyes set on NBA team ownership.

 

“He might be the only one in our generation who has sat in that seat and done it that way. The idea of being part of an ownership group—and finding the right opportunity that allows me to have an impact on how a franchise is operated, how you pursue true winning like we’ve done with the Warriors—that’s something I’m excited to pursue. It’s interesting. Obviously, as an active player, you can’t participate in that level until you’re done. So you’ll see me in that seat somewhere down the road,” Curry said.

While Jordan set the benchmark for former players owning teams, others—such as Grant Hill with the Atlanta Hawks, Shaquille O’Neal with the Sacramento Kings, Dwyane Wade with the Utah Jazz, and Magic Johnson with the Los Angeles Lakers—have taken on minority ownership roles. LeBron James has also expressed interest in being part of an ownership group, especially if a Las Vegas franchise is introduced.

 

Owning an NBA franchise is no small feat due to the high valuations of teams. For example, the Warriors are currently valued at $8.8 billion, making them the league’s most valuable team, while even the Memphis Grizzlies—ranked at the bottom—are valued at $3 billion.

 

However, money may not be an obstacle for Curry, who is currently worth over $410 million, according to Spotrac. He is projected to earn around $60 million next season and over $62 million in the 2027–28 NBA season.

 

NBA Commissioner Adam Silver confirmed in July that the league would consider expansion after finalizing its new media rights deal. With that deal starting next season, the potential introduction of new franchises could align perfectly with Curry’s post-retirement ambitions.

 

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