lebron james springhill deal - Search
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  2. $725 million
    • According to 2 sources
    The SpringHill Company, James’ media and entertainment company, announced today that it is selling a significant minority stake to a group of investors that includes RedBird Capital Partners, Fenway Sports Group, Nike and Epic Games at a valuation of about $725 million. UC Investments, an existing shareholder, will increase its stake as well.
    SpringHill, the entertainment company co-founded by NBA star LeBron James, is selling a minority stake to a group of high-profile investors in a deal that values the business at $725 million, the companies said Thursday. The size of the stake was not disclosed.
     
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    How much is LeBron James's Springhill company worth?Capitalizing on a red-hot deal market, LeBron James ’s SpringHill Company has sold what it calls a “significant” minority stake to RedBird Capital Partners, Fenway Sports Group, Nike and Epic Games. The deal values SpringHill at $725 million.
    Why is Springhill named after LeBron James?Like SpringHill Entertainment before, the company is named after the housing complex in Akron, where James was raised. Jeff Beer and Nicole Laporte (Aug 3, 2021). "How LeBron James and Maverick Carter's SpringHill Company became the envy of Hollywood".
    Did LeBron James sell a minority stake to Nike?Los Angeles Lakers star LeBron James sold a minority stake to a consortium of investors that includes long-time sponsor, Nike. According to The Wall Street Journal, Carter and James, who serves as chairman of SpringHill, will remain largest shareholders with a supermajority of voting shares.
    What will Springhill do with a share sale?It also produced HBO’s “The Shop: Uninterrupted,” a talk show featuring James in a barbershop, and the recent Netflix documentary about tennis star Naomi Osaka. The share sale will fuel SpringHill’s ambitions into areas including fashion and gaming, Carter said in an interview.
     
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  6. LeBron James' SpringHill valued at $725 million in …

    WEBOct. 14, 2021 4:30 AM PT. LeBron James’ Hollywood ambitions are getting a major financial alley-oop. James’ entertainment firm, the SpringHill

    • Occupation: Company Town Senior Editor
  7. WEBOct 14, 2021 · SpringHill, the entertainment company co-founded by NBA star LeBron James, is selling a minority stake to a group of high-profile investors in a deal that values the business at $725...

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