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James says his dream is to own NBA team

David Richard-USA TODAY Sports

With Team USA providing mostly underwhelming headlines to the slow-going mid-August stretch of the basketball news cycle, LeBron James came to the rescue Wednesday with multiple media appearances.

A day after his annual charity reunion, James told ESPN's Rachel Nichols his Olympic career might not be over, and also told another outlet that his dream is to own an NBA team one day.

"I feel like my brain, as far as the game of basketball, is unique," James told actor Jesse Williams on the Open Run podcast for Uninterrupted, a media platform James has an ownership stake in. "I would love to continue to give my knowledge to the game. I would love to be a part of a franchise ... my dream is to actually own a team."

The only former NBA player to presently act as principal owner of a franchise is Michael Jordan, the superstar who was James' idol growing up.

"If I'm fortunate enough to own a team, then I'm going to hire the best GM and president that I can," James added. "But I feel like I got a good eye for not only talent, because we all see a lot of talent, but the things that make the talent. The chemistry, what type of guy he is, his work ethic, his passion, the basketball I.Q. side of things. Because talent only goes so far."

After he collects the reported $100 million over three years the Cleveland Cavaliers signed him for last week, LeBron will have earned almost $273 million in his NBA career. Added to the rumored $1-billion lifetime contract James has with Nike, the global icon should have more than enough capital to afford a team in a league where the average franchise is currently valued at $1.25 billion, according to Forbes.

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