National Basketball Association

President Barack Obama would 'absolutely' love to own an NBA team

Published Nov. 17, 2015 4:40 p.m. ET

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For the past seven years or so, Barack Obama has had a pretty important job as the leader of the free world. But a year from now, he'll be winding down his presidency, and the question of what's next will take priority.

Obama, of course, is a huge NBA fan. He was in attendance for the season-opening game between the Cleveland Cavaliers and Chicago Bulls in October, and the pickup games at the White House are legendary. The President is such a fan of the game, in fact, that he told GQ he'd love to be part of an NBA ownership group:

According to a February 2015 report from Forbes, the average NBA team is currently valued at approximately $1.1 billion. It's a hefty chunk of change, even for a former president. But after a few years on the speaking circuit, Obama might be in fine position to become a part-owner in a franchise.

Perhaps the Charlotte Hornets? Obama and Michael Jordan joining forces could turn the world on its ear. It's just a thought.

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