In west Philadelphia he was born and raised, on the playground is where he spent most of his days, chillin out, maxin, relaxing all cool, And all shooting some b-ball outside of the school and now he owns part of the basketball team that shoots those hoops professionally. Will Smith and wife Jada Pinkett Smith have purchased an ownership stake in the Phildelphia 76ers.
In a press statement released on Tuesday the couples involvement was announced:
The investor group is led by Harris, who will serve as Managing Owner of the 76ers and as the team’s Governor on the NBA Board of Governors. Other investors include David Blitzer, who will serve as Co-Managing Owner and an Alternate Governor of the NBA, CEO Adam Aron who will also serve as an Alternate Governor of the NBA, Martin Geller, David Heller, Travis Hennings, James Lassiter, Marc Leder, Jason Levien, Michael Rubin, Will Smith & Jada Pinkett Smith, Handy Soetedjo, Erick Thohir and Art Wrubel, all of whom have made personal investments in the team.
The group is buying the sports franchise from Comcast which spent a ton of cash acquiring talent, firing coaches with guarantees already in place and trading big superstars for other big superstars, all while failing to turn the team into a championship contender.
While he might not be the big decision maker for the partnership it’s nice to know that a guy with love for the game is getting involved, it has to be a better partnership than Comcast could ever offer.
