What will Barack Obama do next January when his term in office is up and he returns to regular civilian life has been a topic of discussion in Washington. It was the topic of the best skit during the White House Correspondents dinner this year.
One thing that could happen — minority ownership of an NBA team. From ESPN’s story:
According to press secretary Josh Earnest, becoming an NBA owner might be an option.
Earnest said Wednesday that the president, well known for being a big fan of Chicago sports teams, has “discussed” being part of an ownership group for an NBA franchise. Earnest added that Obama would pursue the opportunity “potentially … under the right circumstances.”
This is not new, Obama told GQ last year he has fantasized about being a part owner and helping put together a team. Which, by the way, is not what minority owners do. They get to be closer to the process, they get great seats for games and write a lot of checks, they are kept in the loop on things, but they don’t get to make decisions. (Which is why minority owners in all professional sports are often unhappy; these are people with money who get to make the call in virtually every other aspect of their life, but not with this expensive hobby.)
I wouldn’t be surprised if this happens some day. My guess is Obama would clear the NBA’s background check process. But I would be shocked if Jerry Reinsdorf let him buy a piece of the Bulls.