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The New Economy

What happens to Rams if Rush Limbaugh buys in? Top 10 celebrity owner misfires.

Rush Limbaugh wants to buy into the NFL's St. Louis Rams, but the record of celebrity sports owners is generally poor.

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4. Michael Jordan, basketball icon; Nelly, rapper
Minority owners, Charlotte Bobcats,
Pros: Get to hang out with BET owner Bob Johnsonfor now.
Cons: Jordan drafted an 11th man (on a good day) in Adam Morrison with the No. 3 pick in 2006 and the hefty Sean May with the 13th pick in 2005. Nelly chose to become a co-owner of a team led by Jordan, who didn't exactly tear it up in Washington, D.C. Team has gone 144-266 in its five years in existence.
3. David Letterman, talk show host
Owner, Rahal Letterman Racing
Pros: One Indianapolis 500 championship (Buddy Rice in 2004) and 20 victories in a decade of racing. Gave Danica Patrick her start.
Cons: Going through a rough patch with infidelity admission. Almost missed 2009 racing season because of sponsor troubles.

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2. Serena and Venus Williams, tennis pros; Marc Antony, Gloria Estefan, Jimmy Buffett , singers
Minority owners, Miami Dolphins
Pros: All Floridians by residence or by devotion. Buffett even wrote the team a song.
Cons: Makes majority owner have butterflies, which is never good. After a 1-15 season in 2007, the Dolphins shocked the world with an 11-5 rebound in 2008 and a trip to the playoffs. After adding this glittering cast to the owner's box? Toppled to 1-3 so far this year.

1. Wayne Gretzky, hockey legend
Majority owner, Phoenix Coyotes
Pros: He is The Great One. Gretzky drafted Peter Mueller and Kyle Turris, two rising stars.
Cons: Gretzky was so Great, in fact, that he quit because he felt nobody would be willing to tell him to step down after “leading” the team to a 143-161-24 record over four seasons. Team is currently bankrupt and a judge recently denied an offer to buy it because it was “unfair” to Gretzky and co-owner Jerry Moyes.
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