Mo' money isn't always mo' problems. For instance P. Diddy has so much money that he wants to own a football team. Wise choice!

Diddy speaking with Bloomberg TV about his new music channel Revolt TV stated that he wants to become the "first African-American majority owner" in the NFL.

"I'm more of an owner type of guy. So I have aspirations to become -- it will happen -- to become the first African-American majority owner" Diddy said. "Not having a small stake but actually owning an NFL team. I think it's time for that. A majority of the players in the NFL are African-American but there are no African-American owners. So that's one of my dreams."

The man formerly known as Puff Daddy -- how silly would that name sound in 2013? -- said he's constantly asked about Jay-Z's RocNation sports agency and whether or not he should fire up the same thing.

"But then when I see my friend having a sports agency I support him" Diddy said. "When I get the calls Oh we need to do Bad Boy Sports. I'm like no that's not my lane. I stay in my lane. This is my lane I want to do. I'm just me. I do my own thing."