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.
Mar 5, 2015, 3:11 PM EST
Recapping a month-long Nike Basketball training experience, which featured workouts run by Tim Grover, Jerry Powell and Idan Ravin — who have trained guys like Kobe Bryant, Kevin Durant and LeBron James. Also includes performance reviews of Nike’s latest basketball shoes.
Mar 5, 2015, 2:31 PM EST
Dispute reportedly over terms of second season
Mar 5, 2015, 1:36 PM EST
Sager will be on the sidelines for Thursday night’s Bulls-Thunder matchup.
Mar 5, 2015, 1:26 PM EST
Bulls guard pledges money to school
Mar 5, 2015, 12:53 PM EST
Warriors guard shows up Bucks
Mar 5, 2015, 12:11 PM EST
Nine players have ended a day leading the NBA in points per game this season
Mar 5, 2015, 11:41 AM EST
Suns wing might be NBA’s best dunker
Mar 5, 2015, 11:04 AM EST
Chris Paul frantically tries to get Jordan’s attention
Mar 5, 2015, 10:28 AM EST
Whiteside posts monster 18-25-4 in win over Lakers
Mar 5, 2015, 9:49 AM EST
Center will reportedly receive two-year contract
Mar 5, 2015, 9:11 AM EST
At least one Spur appears to be peaking
Mar 5, 2015, 8:30 AM EST
He got a flagrant one for this foul.
Mar 5, 2015, 8:00 AM EST
Jason Smith dancing
Mar 5, 2015, 2:47 AM EST
Westbrook is putting up Jordan numbers.
Mar 5, 2015, 2:10 AM EST
This after the Celtics just smacked the Timberwolves pretty good.
Mar 5, 2015, 12:05 AM EST
Mar 4, 2015, 11:15 PM EST
Marc Gasol is a beast.
Mar 4, 2015, 10:38 PM EST
Who was that masked man?
Mar 4, 2015, 9:58 PM EST
Why didn’t Utah have Rudy Gobert protecting rim?
Mar 4, 2015, 9:35 PM EST
What penalty should Frazier receive?
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- Craig Sager makes long-awaited return to TNT after 11-month battle with leukemia 1
- Five Things We Learned in NBA Wednesday: Masked Russell Westbrook just needs a cape 17
- George Karl: Knicks could use a strong point guard next to Carmelo Anthony 13
- Ray Allen announces he will not play this season 14
- Pelicans’ Anthony Davis a gametime decision Wednesday vs. Pistons 1
- Derek Fisher questions ‘character and integrity’ of players after Knicks lose to Kings by 38 points 29