Top 10 athletes turned team owners

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9. Yao Ming – NBA icon’s Shanghai dream!

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Former Houston Rockets Player Yao Ming Begins His College Life In Shanghai

In 2010, NBA icon Yao Ming assisted his local team Shanghai Sharks with a US$3 million investment to become the sole-stakeholder of the team. The former Houston Rockets star bailed out China’s most popular basketball team that was facing a steep fall with key sponsors backing out from their financial commitments.

Considering Ming earns around US$30 million a year, he didn’t even think twice before saving the side that propelled his NBA move – and it turned out to be a win-win deal for both the parties.

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