Following the conclusion of his 19th NBA season, Los Angeles Lakers star LeBron James has become a billionaire, the first active NBA player to achieve the milestone.
for less than $1 million. His investment is now worth around $30 million. In 2011, James’ sports marketing group got involved with Fenway Sports Group, which owns the Boston Red Sox, Liverpool FC, and Fenway Park. Forbes estimates that his investment is now worth $90 million.
"It’s great to be with such a great group, with FSG. They’ve done so many great things over the year, and just that collective group of people, they’re just amazing to be partners with," James said,. "As far as the Red Sox, obviously a historical franchise and we know the history of the World Series championships that they’ve brought home to Boston and players that have come through there and the legacy that they hold in that area.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LeBron James becomes first active NBA player to become a billionaire: reportLakers superstar LeBron James has become the first active NBA player to become a billionaire, according to a report.
Read more »
LeBron James is first active NBA player to be worth $1 billion, Forbes saysLeBron James is in the billionaires' club, according to Forbes, which pegs the Lakers star's net worth at $1 billion.
Read more »
Video: Lebron James becomes the first active NBA player to achieve billionaire status - CNN VideoLebron James is a billionaire. KingJames is the first active NBA player to achieve billionaire status, according to Forbes. RahelSolomonCNN breaks down how he built his fortune here:
Read more »
UCLA’s Jules Bernard remains in NBA draft after Lakers workoutBernard doesn’t sit too high on any draft prospect lists, but the 6-foot-7 guard hopes to surprise people as a pro in the same way he did in college.
Read more »
North Texan Marcus Smart Heads Into NBA Finals With Hometown Coach Cheering Him onAs the NBA Finals are about to tipoff tomorrow night, one of the stars in the series is from right here in North Texas – and his high school coach is cheering him on while overcoming a major health challenge.
Read more »
2022 NBA Draft: E.J. Liddell Could Be Seamless Fit for BullsOhio State forward E.J. Liddell could be available when the Bulls are on the clock in the 2022 draft, and he has the potential to be a seamless fit in the rotation.
Read more »