Nov 2, 2012, 7:08 PM EST
LeBron James has never made a secret of his desire to be a billionaire, which when he was younger came off like some of his other boasts — the ramblings of person who has never really had to deal with the real world.
But things seem to be changing. On the court we have seen a maturity come over him that propelled him to his first ring and had him playing up near the level of the guy you can’t compare anyone to.
Off the court, the guy you can’t compare anyone to is Berkshire Hathaway Chairman Warren Buffett. He’s the investment guru and the second richest man in the United States.
And he thinks LeBron is brilliant at business, too, he told the Miami Herald.
“You have to get to know him,” Buffett said. “LeBron’s not initially really talkative. He’s savvy. He’s smart about financial matters. It’s amazing to me the maturity he exhibits. I know that if I had been famous at that age, I would have had trouble keeping my feet on the ground.”
Forbes estimates that salary and endorsements brought LeBron $53 million in income last year, the fourth highest among athletes. And it would have been more if not for the lockout.
And that number is going up because companies want him as an endorser again (he just signed with Samsung). It’s a swing in his image from just a couple years ago. Again from the Herald.
“He’s arguably the most marketable athlete currently in the U.S. because he brings the most long-term value,” said Robert Tuchman, president of Goviva, a sports and entertainment company. “I don’t think there’s anyone you can compare him to right now … he’s perceived as a really good guy and a winner.”
I don’t really know (or really care) if LeBron gets to his $1 billion goal. But if you’re hanging with Warren Buffett and he thinks your savvy, you’re doing something right.
Jan 30, 2015, 10:13 AM EST
Who are the aWWWWWWWWWWWWWWWWWks?
Jan 30, 2015, 9:34 AM EST
Did anyone think he would get injured and say, “nah, I don’t want to fight through this” and walk away?
Jan 30, 2015, 8:58 AM EST
The Bulls have a great passing front line.
Jan 30, 2015, 8:37 AM EST
Already facing scrutiny, Vaughn oversaw 15-point loss to Bucks last night
Jan 30, 2015, 3:22 AM EST
The bad Bulls showed up in Los Angeles on Thursday.
Jan 30, 2015, 2:48 AM EST
“I really appreciate him coming, I didn’t expect it at all.” —Pau Gasol
Jan 30, 2015, 12:22 AM EST
He’s warming up for All-Star weekend.
Jan 29, 2015, 11:30 PM EST
It didn’t look good.
Jan 29, 2015, 10:45 PM EST
Management is displeased with their underperformance.
Jan 29, 2015, 10:02 PM EST
“Don’t it always seem to go that you don’t know what you’ve got ‘til it’s gone.”
Jan 29, 2015, 9:30 PM EST
The new rule is an attempt to curtail Jay Z-style figurehead owners.
Jan 29, 2015, 8:09 PM EST
He will get a second opinion.
Jan 29, 2015, 8:00 PM EST
Damian Lillard, Kyle Korver, DeMarcus Cousins and more.
Jan 29, 2015, 7:27 PM EST
DeMarcus Cousins and Damian Lillard were left off in the West.
Jan 29, 2015, 6:42 PM EST
A promotional video hyping the matchup features plenty of players, but Kevin Love is noticeably absent.
Jan 29, 2015, 6:00 PM EST
Mitch Kupchak expects Kobe to return next season.
Jan 29, 2015, 5:20 PM EST
Reserves are announced tonight.
Jan 29, 2015, 4:39 PM EST
Brooks may last the season, but may not if Thunder miss the playoffs. Jackson, meanwhile, has been marginalized ever since Dion Waiters was acquired.
Jan 29, 2015, 3:56 PM EST
Wade may be selected as an All-Star reserve Thursday night, but wouldn’t play in the midseason exhibition if the timeline holds true.
Jan 29, 2015, 3:25 PM EST
“I looked down to see my legs, and I saw my bone. The second I saw my bone, I just lost it.”
- Report: Magic close to firing Jacque Vaughn 8
- Three Things We Learned in NBA Thursday: The All-Star Rosters need to be expanded 12
- One day after having surgery, Kobe Bryant came to see Pau Gasol 3
- Report: Dwight Howard could miss “extended time” with knee injury 4
- The three biggest All-Star snubs in each conference 19
- James Harden, three Hawks players lead list of NBA All-Star Game reserves 10
- Report: OKC front office backs Scott Brooks, may look to trade Reggie Jackson 9
- Dwyane Wade out indefinitely, says best case for his return is 2-3 weeks 10