LeBron James is one of the greatest basketball players of all time. He has always maintained a high standard of play on the court. And off the court too, LeBron works for his community and has various initiatives. LeBron also has had a plethora of brand deals and endorsements ever since he was a teenager. But it seems like this particular entity was the secret sauce in LeBron eventually becoming a billionaire.

In 2011, Fenway Sports Group became the sole global marketer of his rights, and as part of the deal, he was granted a minority stake in the English Premier League football club Liverpool, which he has claimed his support for. LeBron even went to Paris recently to support Liverpool in the UCL final last month. LeBron got two percent of Liverpool for £4.7 million ($6.5 million) alongside business partner Maverick Carter.

According to a recent report, LeBron’s investment in Liverpool FC has seen a 670% return. According to the Deloitte Money League, Liverpool FC is currently worth $4.1 billion. Liverpool’s recent uptick in performances has resulted in the team’s value soaring to new heights.

Watch this Story: Michael Jordan Owns A NASCAR Team: How Did The Millionaire NBA Legend Come Around To Buying A Racing Team?

And this resulted in LeBron getting huge returns on his investments and helping him ultimately become a billionaire.

LeBron James – The entrepreneur

When Apple acquired Beats Electronics in 2014, LeBron raked in $30 million on his investment. He had originally struck a deal to get a small stake in the company at its inception in exchange for promoting its headphones. In 2012, James, Carter, and Paul Wachter made an investment of less than $1 million in the Pasadena-based fast-casual chain Blaze Pizza; their investment had grown to $25 million by 2017.

James has often talked about how it is his dream to own an NBA Franchise one day. With him officially becoming a billionaire, it seems like that day is not far away. Currently, Michael Jordan is the only basketball player to completely own a franchise; he owns the Charlotte Hornets. 

READ MORE – Warriors Star Klay Thompson Reveals How Hall of Famer Dominque Wilkins, Who Had Iconic Battles vs Michael Jordan, Inspired His NBA Return

‘King James’ earned a decent  $121.2 million in 2022 to be the second-highest-paid athlete in the world. If he continues like this, then sky is the limit for LeBron. Let us know in the comments below which NBA franchise would you like for LeBron to own?

Top Stories

Caitlin Clark Shows Concerning Signs vs. Kelsey Plum During USA Camp Debut, per National Reporter

NBA Urged To Take Action After Stephen Curry, Warriors’ ‘Blatant Cheating’ Caught on Camera

Sabrina Ionescu’s LA Home Burglarized for Items Worth $60K

Victor Wembanyama Breaks Down in Tears After Death News as Fans Backtrack on NBA Cup Criticism

Forbes Places Caitlin Clark Ahead of Angel Reese, Paige Bueckers Despite Injury-Hit 2025