Dr. Dre and Jimmy Iovine weren’t the only two notable names to benefit from the deal with Apple. According to ESPN, Lebron James made over $30 million in both cash and stock when Apple bought Beats Electronics for $3 billion.
LBJ took in a small stake with Beats Electronics in 2008 and has reportedly worked closely with cofounders Dr. Dre and Jimmy Iovine to promote the company’s headphones. James also starred in a commercial for the popular headphones and has a very limited edition pair of his own signature Beats headphones as well.
The Miami Heat superstar is paid $19.1 million a year by the Heat to play basketball, however, the Beats deal netted him more money this year than basketball.
Wow, finally a good call on a play by Lebron.
Check out Lebron’s old commercials for the Beats Electronics brand below.