Nike & Others In Early Negotiations For Buying LeBron James’ Company

LeBron James is the greatest of all time in basketball, but the NBA player has also been making strides as an entrepreneur with his multi-million dollar company SpringHill Entertainment.

While James is about to debut as an actor in Space Jam: A New Legacy, it seems that he is thinking of lowering his workload. Alongside longtime business partner Maverick Carter, the duo are looking to make a sale of the venture, as per a report by The Information.

James and Maverick might just be looking for investors to make their venture big, but the conservation of a sale is not entirely out of the window. With SpringHill Co. raising a whooping $100 million last year, James could walk away with about 3 times that.

Nike has held a long working relationship with the basketball champ, with him landing a seven-year $90 million endorsement deal with the company only at the age of 18. Nike’s work with the basketball player makes him one of the highest paid athletes in all of NBA.