LeBron James Made Insane Amount Of Money When Apple Bought Beats

Los Angeles Lakers superstar and three-time NBA champion LeBron James is one of the highest-paid athletes in the world. King James is successful off and on the court, and his unlimited potential has brought him a lot of cash. Jason Kelly of Bloomberg.com reported that the four-time MVP received more than $100 million when Apple Inc. bought Beats Electronics and Beats Music six years ago (2014). Yes, the great LeBron James earned an insane amount of money back then.

This is a lot of money, and it only adds to LeBron’s net worth.

“Wachter, who’s advised Bono and Arnold Schwarzenegger, helped James and [Maverick] Carter team up with Cannondale bikes and Beats Electronics, a partnership that earned James more than $100 million when Apple Inc. bought Beats for $3 billion in 2014, say people familiar with the deal.”

LeBron James will earn even more insane money

The world found out about LeBron way before he made the NBA. Everyone was talking about the Kid from Akron. King James has made a name for himself in so many ways since entering the basketball world in 2003.

We have seen LeBron starring in entertaining movies. He opened the I Promise School for at-risk kids in Akron and also invested in many other business initiatives and non-profits. LeBron has unmeasurable success, and he is definitely someone people look up to.

One of the best deals LeBron has is his lifetime contract with Nike. The brand will give LeBron $1 billion by the time he turns 65.

The Lakers superstar works with McDonald’s, Microsoft, State Farm, Beats by Dre, Coca-Cola, Dunkin-Donuts, Baskin Robbins, Samsung, and Nike and this gives him an additional $55 million per year. He won’t stop here.

LeBron has started off a lot of initiatives and the most recent one targets the African-American community. More Than a Vote will help the community enjoy their right to vote. They will end voter suppression and this will be of great help for everyone.

LeBron and the Los Angeles Lakers will try to win a championship. This will be his fourth title. The Lakers are a dominant force in the West, and they are hungry for success. The NBA season will resume at the end of July.