ESPN VERIFIRD: Legendary Indiana Pacers Player Jermaine O’Neal  Resurfaces as Co-Owner Pacers owner The O’Neal Family has made the historic announcement that legendary basketball player Jermaine O’Neal , who has long been associated with the team, would rejoin the team as a co-owner in 2025…… 

ESPN VERIFIRD: Legendary Indiana Pacers Player Jermaine O’Neal  Resurfaces as Co-Owner Pacers owner The O’Neal Family has made the historic announcement that legendary basketball player Jermaine O’Neal , who has long been associated with the team, would rejoin the team as a co-owner in 2025……

Jermaine O’Neal is indeed returning to the Indiana Pacers, but as a co-owner, not because the team is owned by the O’Neal family. The Herb Simon family, longtime owners of the franchise, announced that Jermaine O’Neal will join the organization as a co-owner in 2025. This move marks a historic moment, as O’Neal becomes one of the few former players in league history to transition into ownership with the team that defined his playing career.

As co-owner, O’Neal will reportedly play a key role in ¹ ²:
– *Player Development*: Contributing to the growth and improvement of the team’s players
– *Community Engagement*: Fostering stronger connections between the team and the local community
– *Basketball Operations Decisions*: Providing valuable insights and expertise to shape the team’s strategy

This development is part of a larger trend in the NBA, with other legendary players like LeBron James also becoming co-owners of their respective teams. James recently acquired a minority ownership stake in the Los Angeles Lakers, marking a significant milestone in his career ³.