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Floyd Mayweather Says He Wants To Stop Betting On Sports And Own An NBA Team

Could Las Vegas Lose One Of Its Biggest Customers?

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Las Vegas sports books may lose one of their biggest customers if he ends up owning at least part of a professional basketball team.

At a press conference Monday for the upcoming Adrien Broner-Ashley Theophane fight, boxing star Floyd Mayweather said that he is considering trying to become an owner of an NBA team, according to a report from Boxingscene.com. In order to do so, Mayweather would need to stop betting millions of dollars on various sports games.

“You guys know I like to bet on sports,” Mayweather told reporters, “but I’m looking forward to stepping back from betting on sports now. I’m looking forward to probably getting into ownership of an NBA team.” Mayweather’s net worth is estimated to be between $400-600 million.

It’s not an exaggeration to say that Las Vegas sports books would feel Mayweather’s absence. In 2014, Mayweather reportedly bet roughly $13 million on the Super Bowl, which was nearly 11 percent of the total amount of money waged on the game across the entire state of Nevada. The $119 million in total bets was then a record, surpassed only by Super Bowl 50’s $132 million.

Mayweather flirted with making a bid for the Clippers back in 2014, but it didn’t pan out.