Diddy Wants to Become NFL Franchise Owner

October 22, 2013

Sean ‘Diddy’ Combs, founder of Bad Boy Records, has announced he wants to become the first African-American to become a majority owner of a National Football League (NFL) franchise.

Combs was ranked the highest earner in hip-hop for the period June 2012-13 by Forbes magazine, who reported he earned $50 million in that period, largely through his 50% stake in the Ciroc vodka brand. He also has interests in various clothing lines, marketing firm Blue Flame, and recently launched Revolt, a new music TV channel.

Asked if he would follow Jay Z’s example and establish a sports agency, Combs told Bloomberg TV: “No, no, no. I love sports, but I’m more of an owner type of a guy.

“So I have aspirations to become [an owner], which it will happen. I will become the first NFL, first African American, majority owner. Not having a small stake, but actually owning an NFL team. But then when I see my friend having a sports agency, I support him. When I get the calls like, ‘We need to do Bad Boy Sports,’ I’m like, ‘No. That’s not my lane.’ I stay in my lane. This is what I want to do. I’m just me. I do my own thing.”