Ok, we know ESPN is not for sale, and we are having a little fun here, but also we want to emphasize the power of the collective, and encourge our wealthiest brothers and sisters to think out of the Box. So Stephen A. Smith wouldn’t be surprised if his time with ESPN comes to an end soon, based on the shocking layoffs the network has been carrying out throughout 2023. ESPN is worth likely over $30 billion, according to a 2018 report by Forbes. So, what if Black athletes banded together to buy the network? It could be the perfect way to possibly slow down layoffs while also better spotlight Black athletes and the company’s Black employees!
In June 2023, Michael Jordan confirmed a deal to sell his stake in the Charlotte Hornets for $3 billion. Maybe that new wealth could go towards purchasing the media giant, ESPN!
NBA MVP Giannis Antetokounmpo was one of Forbes’ highest-paid players in 2023 and is growing his investing network! It could be great to see a player with international sports experience put his bid in for ESPN!
Tennis champion Venus Williams became a minority owner of the Miami Dolphins with her sister, Serena, in 2009. She also owns EleVen, a clothing line! Williams has been in the sports industry almost her whole life, so taking over ESPN could be an interesting step for her!