Oct 21, 2013, 2:15 PM PDT
Sean “Diddy” Combs wants to become the first African-American majority owner in the National Football League. In an interview with Bloomberg TV, Combs said that he has aspirations to buy a team and believes he will be able to make it happen.
“A majority of the players that are in the NFL are African-American, but there are no African-American owners,” Combs told Bloomberg TV’s Stephanie Ruhle. “And so that’s one of my dreams.”
The multi-platinum recording artist and entrepreneur made the statement when he was asked about Jay Z’s foray into the world of sports management. According to Forbes, Combs is worth an estimated $550 million. While he is most commonly known as a musician and record producer, Forbes reports that music only makes up 20 percent of Combs’ net worth.
The Cleveland Browns were the most recent NFL franchise to be sold, and it cost new owner, Jimmy Haslam III, over $1 billion to make the purchase. It’s unclear how much planning Combs has done, but he would definitely need to line up several partners based on his current net worth.
You can see Combs’ entire comment regarding becoming an NFL owner on Bloomberg TV’s “The Business of…” or by clicking here.
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