The NBA is in dire need of a solution to its labor dispute, but in the meantime, the news of major star power joining the ranks of ownership will tie us over for few days.
Will Smith and Jada Pinkett Smith are members of an investment group that purchased the Philadelphia 76ers.
That group is lead by Joshua Harris, a self-made billionaire, as well as David Blitzer, Art Wrubel, Jason Levien, Martin Geller, David Heller, Travis Hennings, James Lassiter (Will Smith’s business manager), Marc Leder, Michael Rubin, Handy Soetedjo, and Erick Thohir.
The new owners haven’t wasted any time getting down to business. Future changes (meaning post lockout) include lower ticket prices, an owners website for open communication with the fans, and a new mantra of “Passionate. Intense. Proud.”
The Smith’s just brought a new level of sexy to professional sports. Welcome to the game (albeit delayed).