Will Smith and wife Jada Pinkett Smith just became the next entertainers to own a professional sport team. He went back home to Philly to buy a percentage of the Philadelphia 76ers.

More on what the uber millionaires are doing with their dollars inside...

Despite going through crazy breakup and cheating rumors as a couple recently, the Smiths just made a major move in the sports world. Will became the 4th major recording artist, along with his wife Jada, to own part of an NBA team.

The dad of 3 is part of an investment group, headed by multi-billionaire Joshua Harris, who made the major purchase and was unanimously approved by the NBA Board of Governors.

“My partners and I are thrilled to have become owners of the Sixers,” Joshua Harris said in a statement. ”It is an honor to become part of this storied franchise. We have a lot of work to do, but we have a rich history, a strong foundation and a bright future.”

The Smiths join the likes of Usher (Cleveland Cavs), Nelly (Charlotte Bobcats), and Jay-Z (New Jersey Nets). Must be real nice....

The mega couple whose marriage is intact. Is making more power moves.

Now what the naysayers have to say about that!!!