Despite the NBA lockout, Will and Jada Smith acquired a piece of the Philadelphia 76ers. A native of Philly, the couple will have a minority stake of the team. According to majority owner and billionaire, Joshua Harris:
"My partners and I are thrilled to have become owners of the Sixers. It’s an honor to be part of this storied franchise. We want to build on the team’s momentum and be world class and cutting edge in everything we do."- Will Smith