in

Steph Curry says he wants to be an NBA owner in the future

Tune in to CNBC all day on Sept. 5 for coverage of the Official 2024 NFL Team Valuations

  • NBA sharpshooter Steph Curry said he would like to own an NBA team one day.
  • The four-time NBA champion just signed a new contract with the Golden State Warriors through 2027.
  • Curry told CNBC he’s learned many lessons from the Golden State Warriors’ owners.

Four-time NBA Champion Steph Curry is already planning for life after basketball.

The 10-time NBA All-Star spoke to CNBC’s “Squawk on the Street” on Tuesday about the rest of his basketball career, his various businesses and goals for after his playing career ends.

The 36-year-old Curry has a media company, Unanimous Media, and a youth golf tour, Underrated, among other ventures. He told CNBC he is also interested in NBA team ownership one day.

“For me, that’s definitely on the table,” said Curry. “I think I could do a pretty good job of helping sustain how great the the NBA is right now and what it takes to run a championship organization.”

The star shooter just inked a one-year, $62.6 million contract extension that keeps him playing for the Golden State Warriors through 2027. That contract will expire when Curry is 39 — and the guard who led the U.S. men’s basketball team to an Olympic gold medal in Paris last month said he still has a lot of NBA basketball ahead of him.

“I know I have a lot more to accomplish on the court before I move into other roles in the league,” he said.

Curry said seeing former NBA superstar Michael Jordan’s past ownership of the Charlotte Hornets, and the possibility that the league could expand in a couple years, piqued his interest in ownership.

NBA Commissioner Adam Silver said in July that the league will look at expansion after its media deal was completed. The league inked a new 11-year agreement worth about $77 billion in July. The deal starts after the upcoming season.

Curry’s longtime rival and Olympic teammate LeBron James has also expressed interest in team ownership, specifically if Las Vegas is awarded a franchise.

Curry said he’s gotten a first-hand look at how to run a world-class organization, saying Golden State Warriors owners Joe Lacob and Peter Guber have set a standard for how to treat players.

“The investment that it takes to create that first-class experience so we feel taken care of allows us to hoop at a high level,” he said.

Source: Business - cnbc.com

Spain to name minister Jose Luis Escrivá as central bank chief

Biden may start forgiving student debt in October