Carmelo Anthony’s competitive fire, a hallmark of his illustrious NBA career, now burns with a new ambition: team ownership. No longer chasing buckets on the court, the ten-time All-Star has firmly set his sights on the boardroom, repeatedly declaring his “North Star” is to join the ranks of NBA owners. Last December, he was already dropping hints about his future off the court, saying, “My door is open when it comes to ownership… That’s my North Star.” And now, on his latest 7PM in Brooklyn podcast, Melo again opened up on his dream.
“I wanna buy the Wizards, first of all. Let me just put that out there. I’d be a great owner,” he said. But he didn’t just stop at declaring his interest—he backed it up with reasons that paint the picture of a man who’s not only passionate but also prepared. Because according to him, it’s not just about passion—it’s about perspective. Considering the fact that the team has struggled in recent seasons, and while the current ownership’s long-term plans remain somewhat unclear, the prospect of new leadership could inject much-needed energy and direction into the organization.
“[Because I’m a] former player, I understand players, I understand personnel… I know what I don’t know,” he explained. He broke it down like a seasoned exec, talking strategy, team-building, and knowing when to delegate. For Melo, it’s about hiring the right people—GMs, presidents—while keeping the business end sharp.
Even more, he dove into the crossover between the locker room and the boardroom. “The business mind could never question the basketball mind,” he said. But it’s not all spreadsheets and scouting reports for Melo. He stressed the need to “really tap into the actual community.” Still, not everyone was sold on his vision. Michael Jordan’s tenure with the Charlotte Hornets, for instance, showcased both the advantages of a player’s perspective in team building and the inherent challenges of ownership. Similarly, Grant Hill’s involvement with the Atlanta Hawks highlights the potential for former stars to contribute valuable insights.
Shortly after courtsidebuzzig posted about Melo’s ownership dream on Instagram, a fan commented, “Sounds like a GM not an owner!” But Melo wasn’t rattled. He fired back with swagger, “Owner mindset. GM skill set. Player mentality.” And then tipped his hat: “Great point though.”
Interestingly, Melo even wants to bring his friends into the fold too. Beyond his own qualifications, Melo’s ownership blueprint includes bringing together a trio of NBA legends, hinting at a venture with far-reaching implications.
Carmelo Anthony wants Dwyane Wade and LeBron James in his ownership dream team
Carmelo Anthony isn’t dreaming of going solo on his ownership journey. In an old 7PM in Brooklyn podcast, he actually floated the idea of teaming up with his longtime friends—Dwyane Wade and LeBron James. “I would love it,” Melo said, lighting up at the possibility. And then he added something even deeper: “That’s how you create what they talk about—generational.”
In fact, for Melo, it’s bigger than just breaking into the ownership circle. This isn’t a money move—it’s a legacy play. “That’s legacy if we can do that,” he explained. Though he’s not sure where LeBron or Wade currently stand on the idea, he’s made it clear he’s wide open. “I don’t know how open they are; everybody’s in their own situation.” Still, the vision is out there.
But here’s the catch. Melo and Wade, both retired, can legally hop into ownership roles right now. LeBron, on the other hand, has to wait until he hangs it up for good. And while no one’s putting a countdown on it, the man is 40 and still going full throttle. Retirement may not be far off, but for now, it’s a waiting game.
Still, money and experience? That box is already checked. Melo’s $160 million net worth, Wade’s $170 million, and LeBron’s jaw-dropping $1.2 billion speak volumes. Plus, Wade has experience with the Jazz and Sky, LeBron’s got stakes in Liverpool and AC Milan, and Melo’s active in Australia’s NBL. If they join forces, this might not just be a dream—it could be a power move.
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