8/05/2017

Beyonce Might Join The League Of NBA Investors

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Queen Bey might be joining the likes of celebrities and entertainers who hold ownership stakes in sports teams, including Memphis Grizzlies part-owner Justin Timberlake, Miami Dolphins investment group members Jennifer Lopez, Venus and Serena Williams and Will Ferrell, who owns a stake in Major League Soccer's Los Angeles Football Club.

According to Bloomberg,owner of The Houston Rockets ,Les Alexander said last month he was selling the team he purchased in 1993 for $85 million and Beyonce may be eyeing an investment in the NBA franchise. Though NBA Hall of Famer and former Rockets player, Dikembe Mutombo has also expressed interest in a Rockets ownership stake, and said last month that he is working on putting a group together to purchase the team.This investment wo't be a first for the Carter family as Bey's hubby Jay Z purchased a stake in the Brooklyn Nets in 2004 for a reported $1 million and sold it nine years later for an estimated $2.35 million.Well,i guess we'll see. 

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