Jay-Z Christens Brooklyn Nets Arena -- Other Celeb Sports Team Owners

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Jay-Z Christens Brooklyn Nets Arena -- Other Celeb Sports Team Owners

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Will Smith

The NBA season doesn't officially start until October 30. However, the 42-year-old minority owner of the Brooklyn Nets (formerly the New Jersey Nets) will be busy re-introducing New Yorkers to the intersection of Atlantic and Flatbush Avenues for the next week. Hov is kicking off the grand opening of the swanky new home for his basketball team with eight nights of sold out performances.

The rapper and entrepreneur is on a bit of hot streak lately. In the last week he's launched the NBA 2K13 video game where he acted as the executive producer, and hosted a $40,000-a-ticket re-election campaign fundraiser for President Barack Obama at his own 40/40 club in New York City. Now the rapper and entrepreneur gets to celebrate all of the hand-shaking and behind-the-scenes work he did to bring his team to his hometown of Brooklyn.

"Yeah I think I'm the American dream," Jigga told the Associated Press earlier in the week. "That whole thing that you could come here and pull yourself up by the bootstraps, like that whole thing what America has always put up to the world that we represent. I feel that. Yes, I've lived that."

Will Smith and Jada Pinkett Smith

Born and raised in West Philadelphia, 'The Fresh Prince of Bel-Air' jumped at the opportunity to join a group of investors looking to purchase the Philadelphia 76ers franchise from Comcast last October. In the lockout-shortened season, the Smiths' Sixers were able to upset the first seed Chicago Bulls in round one of the playoffs. Besting the perennial first-round losers typical finish, and giving Philly fans a bit of hope for the future.


In 2005, the Grammy-Award winning singer became part of the investment group that purchased the Cleveland Cavaliers for a reported $375 million. Since losing 'King James' to the Miami Heat in 2010, basketball has been a pretty dismal affair for the Rock n' Roll Capital. However, C-Town fans can take solace in the fact that they are not nearly as terrible as Michael Jordan's Charlotte Bobcats. If things ever get really tough, the "OMG" singer always has Justin Bieber to fall back on.

Marc Anthony, Jennifer Lopez, Gloria Estefan, Emilio Estevez, Fergie, Jimmy Buffett, Venus Williams, and Serena Williams

When New York real estate billionaire Stephen Ross took over 95 percent of the Miami Dolphins franchise in 2009, he began selling off shares of the team to a host of celebrities. While the exact details of the partnership are unknown, it's estimated that all of the celebrity minority owners have a combined share of less than one percent of the South Florida NFL team. In May 2009, the stadium changed its name to Land Shark Stadium--giving Jimmy Buffett's beer company some major media exposure. However, by the time the city hosted Super Bowl XLIV in February, 2010, the partnership with the brewery had dissolved. At least the celebrity owners got nice seats.

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