Kareem Abdul-Jabbar Interested in Owning NBA Team

Alec Nathan@@AlecBNathanFeatured ColumnistMarch 4, 2014

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The NBA's all-time leading scorer might not be done in adding to his basketball legacy. 

In an interview with the Milwaukee Business Journal's Rich Kirchen, former Los Angeles Lakers and Milwaukee Bucks center Kareem Abdul-Jabbar admitted that he's interested in getting involved with the ownership side of an NBA team: 

Being involved in the business of basketball is something I wouldn’t shy away from, Abdul-Jabbar said in an exclusive interview with the Milwaukee Business Journal. But it would have to be a good situation for me. It would depend totally on what the situation was.

So what kind of situation would meet the all-time NBA scoring leader’s goals? Financial upside would be necessary, he said.

Something where I had some equity in the team, so that what I would get an opportunity to benefit from it, he said.

The second key component at play here is that Bucks owner Herb Kohl is reportedly looking to add new investors who are determined to keep the team in Wisconsin, according to Kirchen

One way to generate buzz and ensure that the team stays in the Midwest would be to bring Abdul-Jabbar on board as a piece of the expanded ownership group, although the Business Journal notes that the center has yet to discuss a potential investment with Kohl. 

The most celebrated player in franchise history, Abdul-Jabbar was selected No. 1 overall by the Bucks in the 1969 NBA draft and proceeded to lace up his kicks in Milwaukee for six seasons. 

Abdul-Jabbar also won the league's scoring crown during two of his first three seasons in the Association while making the All-Star team in all six seasons with the Bucks. In addition, Kareem led the Bucks to an NBA title in just his second season at the age of 23, averaging 31.7 points and 16 rebounds during a fruitful championship campaign. 

Jan 31, 2014; Orlando, FL, USA; Milwaukee Bucks point guard Brandon Knight (11) and power forward Khris Middleton (22) sit on the bench against the Orlando Magic during the second half at Amway Center. Orlando Magic won 113-102.  Mandatory Credit: Kim Kle
Kim Klement-USA TODAY Sports
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As things currently stand, the Bucks are in a world of trouble. They own the league's worst record and are primed to miss the playoffs for the sixth time since 2006-07. Not only that, but Forbes recently listed the Bucks as the league's least valuable franchise with a valuation of $405 million. 

Adding Abdul-Jabbar to the team's ownership group certainly wouldn't solve all the teams' problems, but things can't get much worse for a franchise that consistently finds itself trapped in basketball purgatory. 


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