Chris Paul is now part-owner of a baseball team.

The Rockets star has bought piece of the Single-A Winston-Salem (N.C.) Dash of the Carolina League, the team announced Tuesday.

Paul, who is a Winston-Salem native and went to Wake Forest, is a huge baseball fan and said he's followed the Dash as they have grown.

"I am excited to have the opportunity to become involved with a successful organization that has a positive impact on the community," Paul said in a statement. "What could be more fun than being part owner of a Minor League baseball team in your hometown?"

"We are thrilled to welcome Chris Paul into the Winston-Salem Dash ownership group," Dash chairman and managing partner Billy Prim said. "He has used his incredible success on the basketball court as a platform to create the CP3 Foundation and has done amazing work in our community. Our organizational goals of providing affordable family entertainment align perfectly with the objectives of the CP3 Foundation."

The Dash, an affiliate of the White Sox, open their season April 18 against the Carolina Mudcats.