Growing up, how many of you dreamed of owning your own sports team? For many of us, the money it costs to buy a stake in our hometown favorites is a fantasy. For celebrities like Jennifer Lopez who have worked their entire careers building a personal brand, the dream can become a reality. Do you know which NFL team Fergie is a part-owner of? Or which NBA franchise Justin Timberlake bought into? Keep reading to find out those answers and learn which other celebrities have been part owners of sports teams around the world!
Will Smith Bought His Way Into The 76ers In 2011
On October 18, 2011, it was announced that Will Smith and Jada Pinkett Smith bought a minority percentage of the Philadelphia 76ers. Smith went to high school in West Philadelphia and jumped at the opportunity to buy into his hometown team.
At the time of the purchase, guard Evan Turner said, “I think it’s dope that the fresh prince is one of our new owners. Maybe Willow can perform at halftime.”