Kareem Abdul-Jabbar eyes Milwaukee Bucks

Kareem Abdul-Jabbar on paying student athletes

If the Milwaukee Bucks are up for sale, NBA legend Kareem Abdul-Jabbar said he'd like to be a part of it.

"I don't know what's going to happen, specifically, but I'm keeping an eye on it," he said Tuesday. "I might possibly try to be involved."

On CNBC's "Fast Money," Abdul-Jabbar noted, "The team is probably going to change hands soon," but did not offer specifics.