A lot of top NBA players want to follow in Michael Jordan’s footsteps — they want to own a professional basketball team someday.
Tony Parker already does.
Parker purchased the majority of shares for ASVEL, a French team where he was already a minority shareholder, and he will take over as team president reports French 24, via Sportando (who did the translation below).
Parker then laid out his plan for the future, which includes playing for the team he owns (something you’re not allowed to do in the NBA).
“I am going to play in the NBA for 5-6 more years and I will play my last season with ASVEL. My dream is to play the season with ASVEL in the new arena” said Parker.
Getting a new arena for his French is a priority for Parker, based on the translation of the story I read. The goal is to have the team become a power that regularly plays as part of the EuroLeague (the top teams from each country compete against each other, similar to soccer’s Champions League).
In the interim, it will be interesting to see where Parker plays out his career in the NBA. He is under contract for one more season after this one with the Spurs, at which time he says he wants to stay on but if they blow it up and rebuild he would have a lot of suitors in the summer of 2015. A lot of suitors.