Model of many young players on the NBA floors, LeBron James also borrows the label of example to follow on the business plan. A field where he collects masterclasses, such as the one synonymous with income of up to $400M!
Before seizing, possibly this season, the career points record from Kareem Abdul-Jabbar, he can already congratulate himself on his previous historic achievement. League legend even before ending his career, LeBron James surfed on this status to expand his bank account. The first billionaire player in all-time activity, he owes this feat, among other things, to his well-considered investments over the years.
LeBron James’ winning bet with Blaze Pizza
Instead of spending his NBA salaries on frivolous pleasures, LeBron gave a large percentage of them to financial investments that ended up paying off. Sometimes, mind-bogglingly. This applies, for example, to its entry into the capital of the Blaze Pizza franchise, still unknown in the United States 10 years ago, which proved to be ultra-lucrative for the King… and in a flash!
LeBron James & his business partner @mavcarter acquired 10% of Blaze Pizza for less than $1M in 2012.
Blaze Revenue:
2012: $800K
2013: $5M
2014: $33M
2015: $100M
2016: $185M
2017: $280M
2018: $340M
2019: $400MThis will be one of the best athlete investments ever. pic.twitter.com/AhReIpJ629
— Joe Pompliano (@JoePompliano) February 6, 2021
LeBron James and his business partner Maverick Carter bought a 10% stake in Blaze Pizza for less than $1 million in 2012. Blaze’s earnings since:
2012 : 800.000$
2013: 5M$
2014 : 33M$
2015 : 100M$
2016 : 185M$
2017 : $280M
2018 : 340M$
2019 : 400M$It will go down in history as one of the best investments of an athlete.
LBJ has therefore not only inherited part of these astronomical sums, but also has several Blaze brands in Miami and even Chicago, as well as a sponsorship contract with the brand. Suffice to say that he receives a nice annual check thanks to the latter. All this while also offering great and legendary ads to fans, in which he pretends to be an employee of the firm:
That time LeBron was a Blaze Pizza employee ???? (via @BlazePizza) pic.twitter.com/erP0UapolG
— Overtime (@overtime) May 14, 2022
The basketball talent of LeBron James is no longer to be proven, any more than that of an investor who brings him so much. Before surfing the wave of Taco Tuesday, the King made great savings thanks to pizzas!
