LeBron James is the NBA’s first active player to reach billionaire status. There is no doubt that the recent announcement is opening yet another pathway of investment for when ?the King? seeks retirement.

From holding equity in brands to opening schools for less affluent children, most NBA players seek to make that extra dime once these performers cement a place for themselves in the league. Following the same trend, after the preseason game against the Brooklyn Nets, the star of the Los Angeles Lakers once again stole the headlines.

Another Venture for Minting Money: A Team-Based In Las Vegas

After a statement dropped last year about bringing a team to Las Vegas, LeBron James has now hopped on to make another statement about having a team based in Vegas.

Vegas is a city of dreams and a perfect venture for the emerging and expanding sports industry. James said, “Obviously, you have the Raiders here, you have the Golden Knights here, and you have the Aces here. You have F1 coming very soon. All-Star Weekend has been here a few times. You’ve got the NBA Summer League… I think adding an NBA franchise here would just add to the momentum that’s going on in this town.”

James settled the whole frenzy with a statement. He continued, ?I think it’s only a matter of time, and I hope I’m part of that time.? This statement had the entire room, including Anthony Davis, laughing hard.

Although LeBron James would be in search of potential partners to get that initial $2.5 Billion, which is the standard expansion fee for the new NBA teams, there’s no sharing from Shaquille. Turns out both the basketball giants are well familiar with the idea of having a team in Sin City.

Shaquille- O’Neal in a response to the Messenger said: ?I know Vegas hasn?t been awarded an NBA team yet, but if they ever get to a point where they are awarded a team, I would like to be a part of that. I don?t want to partner up with anybody. I want it all for myself.?

Read More: After LeBron James Announced Intention to Own Las Vegas Team, NBA Legend Hints at Massive Decision That May Cost Him Millions

Well, Shaq is another Big-B investor in the NBA world and is an accomplished businessman as well. Seems like James is set to follow the same road.

The Aging Ankles: Planning for Retirement

LeBron James is still up and running in his late 30s. However, the aging body is beginning to take a toll on his performance. While he sat out half of the games last season, the erratic appearance of this preseason also questions his longevity.

James’ investment in Fenway Sports, a parent company of Boston Red Sox, Liverpool FC, and other sports teams, accounts for major future planning. With father time slowly affecting LeBron’s career, is this another future investment? Or just another business venture? Stay tuned for further updates.

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