After back-to-back college championships at Duke and a nearly 20-year professional career, seven-time NBA All-Star Grant Hill said his next dream is owning his own NBA team.
Rebounding from a $1.2 billion failed bid to buy the Los Angeles Clippers, Hill is going back to the drawing board and looking for the next opportunity to become an owner.
"We made a strong attempt for the Clippers that we thought was pretty aggressive but in the end we came up short," Hill said on CNBC's "Fast Money Halftime Report."
More than six bidders, including Hill and his partners Tony Ressler and Bruce Karsh, bid on the Clippers in August after the Sterling Family Trust put the team up for sale following racist remarks by longtime team owner Donald Sterling. Ultimately, former Microsoft CEO Steve Ballmer was the highest bidder, purchasing the team for a record $2 billion.
"It would be more disappointing if it was a closer winning bid but you can't argue with that [$2 billion]," Hill said. "For that team and franchise, I think someone like Ballmer, with his passion, energy and deep pockets, is what is needed."