LeBron James In Early Talks With Nike, Others For Sale Of His SpringHill Company; $750M Valuation, According to Bloomberg

  • 📰 DEADLINE
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

What’s the old adage, buy low and sell high? With principal LeBron James set to open Warner Bros.’ Space Jam: A New Legacy this weekend, Bloomberg has confirmed a report that James and …

Conversations are said to be in the early stages, with a valuation as high as $750 million.James and Carter may only be looking for investors, however, rather than an outright sale. Whatever the case, the fact that’ superstar and his business partner formed SpringHill Co. just last year after raising $100 million and now could conceivably cash out at a profit is remarkable.

James, of course, has longtime ties to Nike. At 18, he signed a seven-year $90 million endorsement deal with the shoe brand. It made him the highest-paid player in the

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

That’s absurd. It has not given a single blockbuster as a production house. Nike must have money to waste.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 109. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

LeBron James’ SpringHill Media Company in Talks to Sell Equity Stakes, Including With Nike, Valuing It at Up to $750MSpringHill Co., the media firm formed by LeBron James and Maverick Carter, is in early discussions with a range of potential investors to sell a piece of the company that would value it at upwards …
Source: Variety - 🏆 108. / 63 Read more »