logo

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Etiam posuere varius magna, ut accumsan quam pretium vel. Duis ornare felis

Hirtenstraße 19, 10178 Berlin, Germany
(+44) 871.075.0336
ouroffice@cortex.com
LeBron James’ SpringHill Company Sells Stake

LeBron’s SpringHill Company assembles investment team

LeBron James’ SpringHill Company Sells Stake

LeBron’s SpringHill Company assembles investment team

LeBron James and Maverick Carter’s SpringHill Company has tapped a diverse roster of investors to take a minority stake in the growing entertainment powerhouse, valuing the company at an expected $725 million. Fresh with funding, SpringHill is looking to expand even further… and may focus on emerging tech trends for its next chapter.

Racking up points
After exploring a potential sale for the better part of a year, LeBron James has filled the investment bench for his SpringHill Company.

  • SpringHill has sold a “significant minority stake” to RedBird Capital Partners, Fenway Sports Group, Nike, and Epic Games.
  • The deal values the company at $725 million.
  • LeBron and CEO Maverick Carter will remain majority stakeholders.

It plans on using the funding to expand the company’s many arms, possibly get into the M&A craze, and “bring new content to the metaverse” via Epic — a real-life Space Jam 2?

The deal is just another example of the growing appetite for star-driven companies that have diversified into every creative industry. Most recently, Blackstone group paid a hefty sum to acquire Reese Witherspoon’s Hello Sunshine and is also trying to scoop up Will and Jada Pinkett Smith’s Westbrook Inc.