Today's addition of Dwayne Wade as a minority owner of the Utah Jazz is significant, as there just are not many black owners in major league sports (NBA, NFL, and MLB).
Michael Jordon with the Charlotte Hornets is the only Black who is a principle owner of a major league franchise. Grant Hill is a part owner of the Atlanta Hawks and Shaq O'Neal part owner of the Sacramento Kings.
Without looking it up to make certain, the NBA may be ahead of the NFL and MLB in Black part-ownerships. (Patrick Mahomes is part-owner of MLB's Kansas City Royals).
A voice will be out there, saying it is racist to put someone in an ownership position just because they are Black. They will point out that there are few Blacks rich enough to be majority owners. Would Oprah Winfrey buy a team? Stephen A. Smith points out that there is not only Oprah, but Robert F. Smith, and Robert Johnson.
I see no harm in selling a team to one of the rich Black entrepreneurs. I like the idea.
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