Business
LeBron James Transforms $1M Pizza Investment into $35M Windfall
LeBron James has achieved a remarkable financial turnaround by transforming a $1 million investment into an estimated $35 million through his stake in Blaze Pizza, a casual dining chain that has rapidly gained popularity. James initially invested in the pizza brand in 2012 when it operated fewer than ten locations. This decision marked a significant pivot for the basketball star, as he opted to forgo a lucrative $15 million deal with McDonald’s in favor of supporting Blaze Pizza’s expansion.
The impact of James’ investment has been substantial. By 2017, his stake in Blaze Pizza was valued between $35 million and $40 million, according to Day Trading. The chain quickly became one of the fastest-growing restaurant brands in the United States, a trend that appears to be continuing as it establishes itself in markets across the country.
James Balances Basketball and Business Ventures
As the 2025-26 NBA season progresses, questions arise about James’ future in professional basketball. His recent performance has raised eyebrows, particularly after he failed to score double digits for the first time in 1,298 games. While some fans are calling for the legendary forward to consider retirement, James remains focused on his commitments with the Los Angeles Lakers, who currently lead the NBA’s Pacific Division with 17 wins from 24 appearances.
Despite the ongoing discussions about his playing career, James has confirmed that he will not participate in the 2028 Olympics scheduled in Los Angeles, California. This statement reflects a broader trend among professional athletes who are increasingly looking to diversify their investment portfolios.
Other prominent athletes, such as Kansas City Chiefs players Patrick Mahomes and Travis Kelce, are also venturing into the restaurant business. The duo recently launched the 1587 Prime Steakhouse in Kansas City, which has attracted attention following a visit from international pop star Taylor Swift after attending a Chiefs game in November.
Preparing for the Future
In addition to his investments, James is also planning for his eventual retirement by constructing two luxury mansions in Los Angeles, each valued at approximately $37 million. These properties underscore his commitment to establishing a lasting legacy outside of basketball.
While the future of his NBA career remains uncertain, LeBron James continues to make significant strides in the business world, proving that his influence extends far beyond the basketball court. The Lakers are set to return to action against the Phoenix Suns on Sunday at the Mortgage Matchup Center, where James will aim to contribute to his team’s ongoing success.
-
Science2 months agoUniversity of Hawaiʻi Joins $25.6M AI Initiative to Monitor Disasters
-
Science3 months agoInterstellar Object 3I/ATLAS Emits Unprecedented Metal Alloy
-
Lifestyle3 months agoToledo City League Announces Hall of Fame Inductees for 2024
-
Business3 months agoDOJ Seizes $15 Billion in Bitcoin from Major Crypto Fraud Network
-
Science3 months agoWestern Executives Confront Harsh Realities of China’s Manufacturing Edge
-
Politics3 months agoMutual Advisors LLC Increases Stake in SPDR Portfolio ETF
-
Top Stories3 months agoSharp Launches Five New Aquos QLED 4K Ultra HD Smart TVs
-
Health3 months agoCommunity Unites for 7th Annual Walk to Raise Mental Health Awareness
-
Sports3 months agoCeltics Coach Joe Mazzulla Dominates Local Media in Scrimmage
-
Politics3 months agoMajor Networks Reject Pentagon’s New Reporting Guidelines
-
World3 months agoINK Entertainment Launches Exclusive Sofia Pop-Up at Virgin Hotels
-
Top Stories3 months agoMicrosoft Releases Urgent Windows 11 25H2 Update for All Users
