All eyes are on LeBron James during the NBA Finals.
His team, the Miami Heat, going into tonight’s game 5, has only one victory, while their opponent, The San Antonio Spurs, has 3 wins in a best of seven series.
Of course if the Heat don’t win tonight, it’s literally game over. Lights out. Meanwhile, his money keeps rolling in. We’re talking about lots of money, too. And not all of it is coming from his activity on the court, either.
Sources tell ESPN that while finishing off the Indiana Pacers in this year’s Eastern Conference Finals, the 29-year-old was finalizing what is believed to be the biggest equity cash payout for a professional athlete in history as part of Apple‘s recent $3 billion purchase of Beats Electronics. Sources briefed on the situation say James realized a profit of more than $30 million in cash and stock in the Beats sale after he had struck a deal to get a small stake in the company at its inception in 2008 in exchange for promoting its high-end headphones.
Hmm, you do the math. Just for striking a deal for just 1% of the company, James made $11 million more than his Miami Heat salary.