You know you’ve made it as a celebrity when you can afford to buy your own sports team (they ain’t cheap, let us tell you). These celebs shelled out big bucks to get a piece of the teams they supported and secured themselves a nice comfy seat up in the owner’s box.
Check out these 15 celebrities who own sports teams.
Team: Chicago Sky
Singer Michelle Williams showed her love and support for the WNBA when she joined the owner’s box for the Chicago Sky basketball team in 2006. Williams became part owner of the team in her home state alongside her former manager Matthew Knowles.
Team: Memphis Grizzlies
Justin got a piece of the sports action when he became a minority owner of his hometown NBA team, the Memphis Grizzlies in 2012. He made his first appearance at a Grizzlies game on November 23rd that same year. Maybe the presence of a superstar who constantly wins at life will rub off on his team which has been known as one of the worst in the league.
Team: Team Snooki Boxing
Former Jersey Shore star Snooki decided to throw her hat into the business ring as a boxing promoter, and alongside her father, started a boxing team appropriately named Team Snooki Boxing. The team’s starting members were Irish brothers Patrick, Paul, and Eddie Hyland dubbed “The Irish Invasion.” Team Snooki made its debut on January 28, 2012 at Resorts Casino in Atlantic City.
Team: New Jersey Nets
Superstar rapper-turned business mogul Jay Z joined an ownership group to buy the New Jersey Nets basketball team back in 2004 for a whopping $300 million dollars. The team was later re-branded as the Brooklyn Nets in 2012. In early 2013 , Jay Z sold a portion of his share to former NBA player and current Nets head coach Jason Kidd.
Team: Tacoma Rainers
Nick Lachey might not come off as much of a big baller when it comes to finances, but the 98 Degrees front-man bought a share of the minor league baseball team, the Tacoma Rainers, in 2006. He remained part-owner until 2011 when he sold his portion of the team.
Team: Los Angeles Dodgers
What do you do when you’re a former professional basketball player and star? Apparently buy a baseball team. Retired NBA star Magic Johnson bought a small share of the Los Angeles Dodgers in 2012 for a whopping $2 billion dollars, setting a record for the highest amount paid for a U.S sports franchise.
Jennifer Lopez & Marc Anthony
Team: Miami Dolphins
J-Lo and ex-husband Marc Anthony joined the ranks of a long list of celebrity owners of the Miami Dolphins in 2009. Despite their divorce in 2012 they both still maintain their share of the team. The Dolphins’ list of celebrity minority owners also include Jimmy Buffett, Gloria and Emilio Estefan, Venus and Serena Williams, and Fergie.
Team: Cleveland Cavaliers
Usher bought a share of the NBA’s Cleveland Cavaliers back in 2005 while LeBron was still their star player. Like the other team owners and Cavs fans, Usher was no doubt feeling the sting of Lebron’s departure to The Heat but he continues to sit in the owner box today.
Jon Bon Jovi
Team: Philadelphia Soul
Expanding his influence beyond the musical world, Jon Bon Jovi was a founder and primary owner of the Arena Football League’s Philedelphia Soul from 2004 until the AFL’s suspension in 2009. The team returned in 2011 but without Jovi, as he had stepped down to focus on his music career world tour.
Will Smith & Jada Pinkett Smith
Team: Philadelphia 76ers
Will Smith and wife Jada Pinkett Smith became part-owners of Will’s hometown NBA team, the Philadelphia 76ers in early 2012. Well, we always knew he liked to play hoops back in west Philadelphia where he was born and raised. The playground is where he spent most of his days. Chilling out, maxing, and relaxing all cool, and shooting some b-ball outside the school…
Team: South Sydney Rabbitohs
Being the fighter that he is, it might not be too big of a surprise that Australian actor Russell Crowe is also part owner of rugby team the South Sydney Rabbitohs. Crowe has been co-owner for over half a decade, continues to represent the team today, and has said he’s commited to them for the long term.
Team: Charlotte Bobcats
Three years after his final retirement in 2003, NBA living-legend Michael Jordan bought a minority stake in his hometown basketball team, the Charlotte Bobcats. In February 2010 he sought majority ownership of the team. A month later it was approved and purchased, making him the first retired NBA player in history to be a majority owner of a league franchise. Sadly, that achievement is tempered by the fact that the Bobcats are considered one of the worst teams in the league.
Team: Rahal Letterman Lanigan Racing
Late Show host David Letterman became part-owner of former Indianapolis 500 champion Bobby Rahal’s racing team in 1996. The team, formerly known as Team Rahal, underwent a series of name changes over the years until it eventually became known as Rahal Letterman Lanigan Racing in 2010.
George W. Bush
Team: Texas Rangers
Before his rise to the presidency, Bush bought a small share of the Texas Rangers baseball team in 1989 during his father’s term as president and served as the team’s managing general partner. He stepped down as general partner in 1994 due to his election as Governor of Texas but continued to appear at games and keep his share of the team until 1998 when he sold it for nearly $15 million.
Team: Liverpool FC
Not content with just being a celebrity sports player, Lebron James joined the list of celebrities who own sports teams when he became minority owner of the English Premier League football club Liverpool FC in 2011. A smart business decision for the championship MVP given that Liverpool is one of the best and well-loved football teams in the league.