Lebron James Earned a Reported $30 Million From Apples Purchase of Beats by Dre “Tha Wire”
After his team suffered a tremendous loss in last night’s (June 12th) game four of the NBA Finals against the San Antonio Spurs, there’s a brighter side to life besides winning another ring for Lebron James, and it involves $30 Million…
According to AllHipHop, James earned a reported $30 Million from Apples acquisition of Beats By Dre headphones! Which puts him a little closer to his aspirations of becoming the worlds first billionaire active athlete.
Lebron’s share in Beats by Dre is undisclosed, but he reportedly earned 10% of the $3 Billion sale of the headphone and music streaming company. Lebron was given prototypes of the Beats headphones in 2008 by Jimmy Iovine and Dr. Dre, and was given a share in Beats by Dre in exchange for promoting the head phone giant. The deal is being called the “the biggest equity cash payout for a professional athlete in history."
To Lebron I say, C.R.E.A.M. get the money!!!
In other entertainment news, legendary southern hip-hop group OutKast is headed home to the ATL for their final concert. The homecoming concert is titled, ATLast.
The duo have rocked stages at festivals across the country since April, when they kicked off their long awaited first performance together in almost 10 years at the Coachella Valley Music and Arts Festival.
ATLast is set to take place at Centennial Olympic Park on September 27th, and expect some special guests! According to Big Bio,
It’s only right that we give the hometown what we’ve been giving the rest of the world, Atliens in ATL, homecoming! Festival Killers
Coming from Atlanta gave us the freedom to be whatever we ever wanted to be because no one was paying attention. Now that everyone is, we want to say thank you.
Get more info at OutKastATLast.com.