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.

[Via]
Tags: LeBron James
Nitish Vashishtha

Nitish Vashishtha is a freelance writer/news correspondent from India. He’s written content for companies like ScoopWhoop and Sportskeeda. He’s been writing about pop-culture, current affairs and pro-wrestling since 2017. While pursuing Master's in Mass Communication with a special interest in Advertising, his key areas of creativity lie in designing, content creation and creative storytelling as well as fictional writing. In his free time, he likes to create new riffs on his guitar, learning about whatever piques his interest, reading books ranging from philosophy to speculative sci-fi and enjoys watching anything HBO (Succession FTW).

Disqus Comments Loading...