After Michael Jordan’s sale of his majority ownership in the Charlotte Hornets, Black majority team ownership no longer exists in the NFL, NBA, WNBA, MLB, NHL or MLS.<\/p>\n\n\n\n
But that’s not to say that Black owners don’t exist in professional sports.<\/p>\n\n\n\n
When the Milwaukee Bucks won the NBA title in 2021, we learned about Valerie Daniels-Carter,<\/a> a highly successful franchise owner, member of the Green Bay Packers Board of Directors and minority owner of the Bucks. <\/p>\n\n\n\n Last year, Mellody Hobson, F1 star Lewis Hamilton and former Secretary of State Condoleezza Rice became minority owners of the Denver Broncos. <\/a><\/p>\n\n\n\n In soccer, many professional athletes such as James Harden, Derrick Henry<\/a>, and Giannis Antetokounmpo<\/a> have ownership stakes in MLS teams, the latter two investing in Nashville SC.<\/p>\n\n\n\n Most recently, we cheered as Magic Johnson became a minority owner of the Washington Commanders<\/a>. That made Magic the seventh Black minority NFL team owner behind the Williams sisters, Warrick Dunn and the aforementioned Hobson, Hamilton and Rice.<\/p>\n\n\n\n And there are many others including Sheila Johnson (Washington Wizards, Capitals and Mystics), DC United minority owners Mark Ingram II and Yo Gotti and Pickleball owners Kevin Durant, Michael B. Jordan and Drake<\/a>.<\/p>\n\n\n\n Some of these individuals, like Magic Johnson, are household names while others, like Valerie Daniels-Carter, aren’t as well known. And even more don’t know how to get involved in team ownership.<\/p>