Nov 2, 2012, 7:08 PM EDT
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.
Jul 3, 2015, 5:15 PM EDT
She’s a San Antonio assistant coach
Jul 3, 2015, 4:31 PM EDT
Key for the Wizards is this is a one-year deal, so they save their cap space for a Kevin Durant offer next summer.
Jul 3, 2015, 4:00 PM EDT
This is a huge blow to the Clippers roster.
Jul 3, 2015, 3:40 PM EDT
This was expected, now the Knicks move forward with Robin Lopez.
Jul 3, 2015, 2:52 PM EDT
Solid deal in a vacuum, but in Sacramento…
Report: Knicks to sign Robin Lopez to four-year, $54 million contract (unless DeAndre Jordan changes his mind)
Jul 3, 2015, 1:58 PM EDT
More evidence Jordan won’t pick Knicks
Jul 3, 2015, 1:35 PM EDT
Washington could land David West
Jul 3, 2015, 12:07 PM EDT
Third year is reportedly a team option
Jul 3, 2015, 11:08 AM EDT
I doubt Sacramento is celebrating quite yet
Jul 3, 2015, 10:31 AM EDT
Brooklyn making most of a self-inflicted bad situation
Jul 3, 2015, 9:50 AM EDT
If LaMarcus Aldridge signs elsewhere, San Antonio makes a lot of sense
Jul 3, 2015, 9:14 AM EDT
So Knicks are probably getting Robin Lopez
Jul 3, 2015, 8:30 AM EDT
In this market even if these deals are misses, they are correctable ones.
Jul 3, 2015, 8:00 AM EDT
I don’t think the Lakers are all that serious here.
Jul 3, 2015, 2:19 AM EDT
Sacramento had made a big push but again missed out on their target.
Jul 2, 2015, 11:31 PM EDT
Martin had hoped to return full-time last season, but the opportunity never materialized.
Jul 2, 2015, 10:34 PM EDT
Sacramento needs to overpay much more than that to lure free agents.
Jul 2, 2015, 9:22 PM EDT
Lopez is solid, and New York and L.A. need talent after striking out with the big names thus far.
Report: Damian Lillard planning L.A. visit to try to convince LaMarcus Aldridge to re-sign with Blazers
Jul 2, 2015, 8:21 PM EDT
Interesting wrinkle to the Aldridge free agency saga.
Jul 2, 2015, 7:07 PM EDT
The Wizards will only give up a future second-rounder.
- Report: DeAndre Jordan “on verge ” of taking max deal to join Dallas Mavericks 24
- Report: Kings signing Marco Belinelli to three-year, $19 million contract 11
- Report: Knicks to sign Robin Lopez to four-year, $54 million contract (unless DeAndre Jordan changes his mind) 8
- PBT Extra: Free agent signings we didn’t love 5
- Report: Wes Matthews reaches agreement to join Dallas Mavericks 22
- PBT Extra: Five best free agent signings in the first days of free agency 11
- Dwyane Wade agrees to one-year, $20 million deal to stay with Heat 55
- PBT Podcast: Talking best signings of free agency so far 0