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Old 07-23-2003, 10:23 AM
CrimsonTide4 CrimsonTide4 is offline
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P-Diddy to buy a NBA team

P. Diddy wants to be a shot caller for ballers.

The hip-hop mogul, who owns restaurants, designs clothing and acts, is interested in becoming a co-owner of his favorite basketball team, the New York Knicks.

"I think I could do a good job," Combs told Howard Stern on his syndicated radio show Tuesday morning (July 22). "I think [they need] some new blood up in there. ... I'm not saying let's get rid of the owners, I'm saying put me down. Put me in the game ... because it's not going down right now. I wanna make sure we [are] gonna win."

P. Diddy's spokesperson confirmed the rapper is "looking to petition for a stake" in the team, which is not for sale, but said it is not something he is pursuing aggressively.

Either way, the Knicks, who finished with a disappointing 37-45 record last season, don't seem to be taking the rapper seriously. "It's not even worth commenting on," a spokesperson for the team said Tuesday.

"I'm publicly puttin' it out there, because they're not taking my calls," Combs told Stern before critiquing the team's current ownership and management. "We're making rush decisions. I think we need a team that also reflects the spirit of the city. We need an aggressive, fast team that knows how to run."

The Knicks, owned by Cablevision, are worth about $392 million, the second most valuable team in the NBA behind the Los Angeles Lakers, according to a Boston Herald story published last year.

Forbes estimates P. Diddy to be worth about $250 million, although last week's release of the "Bad Boys II" soundtrack on his Bad Boy Records should up his earnings a bit. It's expected to debut at #1 with more than 300,000 copies sold, according to industry magazine Hits.
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