Wowww-weeeee, it’s good to be “King.” The Apple-Beats deal is apparently a huge slam-dunk for LeBron James. This guy just keeps on winning. Check out how much LeBron made when Dr. Dre sold Beats to Apple…
Via Twitter:
Via ESPN:
…while James was leading the Heat to a victory over the Indiana Pacers in the Eastern Conference finals, sources say the 29-year-old was finalizing what is believed to be the biggest equity cash payout for a professional athlete in history as part of Apple’s recent $3 billion purchase of Beats Electronics. Sources briefed on the situation say James realized a profit of more than $30 million in cash and stock in the Beats sale after he had struck a deal to get a small stake in the company at its inception in 2008 in exchange for promoting its high-end headphones.
