NBA superstar LeBron James has just signed a brand new three-year deal with the Cleveland Cavaliers but he’s already making plans for his retirement. James revealed that he would still have basketball on his mind, and would love to own an NBA franchise once he stops playing professionally.

Bleacher Report shared excerpts from the Open Run podcast by Uninterrupted, which featured LeBron James. The NBA star spoke candidly about his career and his plans for the future, which included his dream of having his own NBA team.

He explained that even if he may one day no longer be physically able to contribute as a player, he would still have a lot to offer. “I feel like my brain, as far as the game of basketball, is unique. I would love to continue to give my knowledge to the game. I would love to be a part of a franchise—if not at the top. … My dream is to actually own a team,” he said.

He thinks that he can’t run the team on his own though. He explained that he would need to hire a great general manager and president to handle some parts of the business. However, when it comes to scouting for talent, he wants to have a more hands-on approach. “I feel like I got a good eye for not only talent, because we all see a lot of talent, but the things that make the talent,” he said.

While it’s a great plan, LeBron still has a few years left on the court. In fact, reports that he told Good Morning America that he is still eyeing an Olympics appearance for 2020. Last Friday, he agreed to a US $100 million deal with the Cleveland Cavaliers. Depending on how things play out at the end of his current contract, he may or may not be shopping for a team to play in or a team to manage by 2018.

LeBron would be following the footsteps of NBA legends like Michael Jordan, Larry Bird and Magic Johnson, who are all currently owners or part of the management of NBA teams.