According to a CNN article, O’Neal told a reporter ‘I would like to go back home. I’ll leave that to the viewers to figure out [what it means]. I would like to go back home.” This was referencing a recent rumor about O’Neal wanting to buy the Phoenix Suns.
The CNN article discussed what “home” could possibly mean for Shaq. They predicted that teams that Shaq could consider home were the Spurs, Lakers, Magic, and Pelicans.
Other players like Lebron James have had an interest in buying teams after their NBA careers. James has discussed the possibility of starting a new franchise in Los Vegas. These players would not be the first to own an NBA team. Hall of Famer Michael Jordan is the Majority owner of the Charlotte Hornets. Other NBA players such as Yao Ming and even James and O’Neal have partial ownership in some professional sports teams.
This is news because it is showing a growing trend of professional sports players buying teams. It also shows how professional athletes are seeing the sports world as a business. The article has good quotes and is credible since they got the quote during a CNN interview.
I feel like I read this. I know I was talking/writing to someone about athletes and former athletes who do a good job of investing so they don’t go broke when they retire.