The cross-section of hip hop and basketball culture is a large one with both influencing each other’s style, and stars of each hailing from the same regions. In 2004, Jay-Z bought into the Nets for $350,000, which was only valued at roughly 0.15% of the franchise. Although not a large investor, Jigga became the sideline face of the franchise, and was involved in moving the team from the Meadowlands to Brooklyn.
A vocal, charismatic, and attention-hungry owner can mean much more to a franchise than just someone who writes checks. From the legendary Dr. Jerry Buss, who helped shape the modern NBA entertainment formula, to billionaire Mark Cuban who is less concerned with money than he is with winning – and being seen doing it – the NBA has a legacy of owners who become engrained in the culture of a team. At times they are more akin to a Spike Lee or Jack Nicholson-like “mascot” of the team (a role Sean Carter cherished with the Nets.)
With Jay’s departure from ownership into the lofty enterprise of sports agency, the NBA could use another injection of hip hop royalty in their family. Taking into consideration their allegiance to their hometown, their passion for basketball, or having a personality that would add flair and character to a squad, we take a look at Rappers Who Would Make Great NBA Owners. Obviously these guys are not billionaires so in these hypotheticals they would be purchasing a minor percentage.