Warren Buffett Makes Bombshell Statement About LeBron James

LeBron James will enter history as one of the brightest stars in the NBA. The king of basketball is living the time of his life, and he’s playing with the Los Angeles Lakers at the moment. LeBron will stay in Los Angeles for quite some time, and this gives him enough time to nourish his off-court business. That’s what Warren Buffett says.

LeBron decided to step in the Western Conference and bring the Los Angeles Lakers to the NBA Finals. He signed a four-year contract with the team, and they have already had the first few games of the preseason. However, if you ask Warren Buffett, he’ll say that LeBron is much more than just a basketball star.

Well, the billionaire is right about that. LeBron is a smart guy, and he knows how to use his position in the world. No, he is not running after partners. People come to him, and the partnership deal is signed only when LeBron likes the conditions.

Buffett believes that King James has a lot more than a high basketball IQ. The billionaire had an interview with USA Today’s Josh Peter, and used the opportunity to talk about LeBron being an excellent businessman.

“People really do have minds that function better than other people’s in certain areas that you can’t give a test for. And LeBron, in addition to a lot of other talents, he has a money mind. And he gets stuff,” Buffett said.

According to him, LeBron’s investment savvy confirms that he has the ability to “separate out the cream from the crap.”

That’s true. LeBron has signed great deals with Beats by Dre, Coca-Cola, Kia and also has a lifetime deal with Nike.
Sources say that LeBron made $30 million in 2014 after Beats was sold to Apple. Rumors say that this was “believed to be the biggest equity cash payout for a professional athlete in history.”

Nice.