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LIVERPOOL, ENGLAND – OCTOBER 14: (THE SUN OUT) American basketball player LeBron James, a minority stakeholder of Liverpool FC, visits Anfield stadium, the home of Liverpool Football Club on October 14, 2011 in Liverpool, England. (Photo by Andrew Powell/Liverpool FC via Getty Images)
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LIVERPOOL, ENGLAND – OCTOBER 14: (THE SUN OUT) American basketball player LeBron James, a minority stakeholder of Liverpool FC, visits Anfield stadium, the home of Liverpool Football Club on October 14, 2011 in Liverpool, England. (Photo by Andrew Powell/Liverpool FC via Getty Images)
Billionaire NBA superstar LeBron James is one of the wisest when it comes to handling business. Apart from being one of the best players in the league, he has multiple stakes in sports teams around the world.
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Back in 2011, James and his business partner invested 2% into Liverpool F.C for around $6.5 million. This has been a major success for James and his partners because he has already earned massive profits from this deal. Moreover, the Fenway Sports Group has put Liverpool F.C on sale which means James will earn huge profits from this sale.
LeBron James set to earn a fortune with Liverpool sale
Los Angeles Lakers superstar LeBron James‘ partnership with FSG makes him a minority stakeholder for numerous sports teams around the world.
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Earlier this year, the four-time NBA champion and his business partner exchanged their stake in Liverpool for part ownership of the FSG group.
Although the amount is disclosed, it is estimated that James and his partners own around 1% of the company. As a result, the four-time NBA champion effectively owns a stake in the Boston Red Sox, Fenway Park stadium, Liverpool, and NHL franchise Pittsburgh Penguins. (Source: The Mirror)
According to the latest reports, the FSG group is putting up Liverpool F.C for sale. With a valuation of around $4.1 Billion, James’ stake at the club currently stands at around $44 million.
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LIVERPOOL, ENGLAND – OCTOBER 15: Basketball star LeBron James takes a photo prior to the Barclays Premier League match between Liverpool and Manchester United at Anfield on October 15, 2011 in Liverpool, England. (Photo by Clive Brunskill/Getty Images)
Considering the club goes for sale around its valuation, James will be earning more than $100 million thanks to his brilliant business deal made more than 10 years ago.
What is James’ net worth?
James is a winner both on and off the court. He has four NBA titles to his name alongside various other individual accolades. On top of that, he is the first active NBA player to become a Billionaire.
According to Forbes, he has a real-time net worth of $1 Billion. A few months ago, he signed a blockbuster two-year extension worth around $97.1 million. This makes him the highest earner ever with around $532 million in career earnings.
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What is your favorite memory of LeBron James? Let us know in the comments down below.
