What’s the old adage, buy low and sell high? With principal LeBron James set to open Warner Bros.’ Space Jam: A New Legacy this weekend, Bloomberg has confirmed a report that James and longtime business partner Maverick Carter are exploring a sale of their SpringHill Entertainment.
The news was first reported by The Information.Conversations are said to be in the early stages, with a valuation as high as $750 million.
Nike is reportedly among the suitors.James and Carter may only be looking for investors, however, rather than an outright sale.
Whatever the case, the fact that Lakers’ superstar and his business partner formed SpringHill Co. just last year after raising $100 million and now could conceivably cash out at a profit is
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.