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LeBron James, Naomi Osaka & Drake’s Latest Investement Could Be Worth £42B in Six Years
Smart Investments have been key in helping LeBron James extend his legacy over the world. And an athlete always tries to maintain in his footing in the sports world, one way or the other. So, after his investment in one of the most popular football teams, Liverpool, the NBA superstar, has now also decided to take his money to a sports technology and gaming company called StatusPro.
LeBron James adds another company to his list of investments
Oct 27, 2021; Oklahoma City, Oklahoma, USA; Los Angeles Lakers forward LeBron James (6) watches the game from the bench during the second quarter against the Oklahoma City Thunder at Paycom Center. Mandatory Credit: Alonzo Adams-USA TODAY Sports
Thanks to Bron’s membership of the Fenway Investment group, Liverpool isn’t the only team that he has invested in, Have you heard of the Boston Red Sox, a Major League baseball team? Yes, that too. And let’s not forget how his keen interest in at-home fitness led to him investing in a start-up called Tonal as well.
As he continues to find the best places to place his money, StatusPro is his new landing spot. By collecting player data and extended reality, StatusPro focuses on creating the best and most suitable training and fan engagement products. The company was founded in 2020 by NFL Star, Andrew Hawkins, who has worked with the Lakers superstar before, along with Maverick Carter through SpringHill Entertainment.
In fact, this XR industry is expected to be worth $42 billion in just six years. Just this statement alone makes us realize how rich this investment is going to make King James.
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Other prominent investors of StatusPro
Oct 29, 2021; Los Angeles, California, USA; Los Angeles Lakers forward LeBron James (6) dunks for a basket against the Cleveland Cavaliers during the second half at Staples Center. Mandatory Credit: Kirby Lee-USA TODAY Sports
Bron’s faith in this company probably comes from the fact, that his business partners Maverick Carter and Paul Watcher also decided to invest in StatusPro. However, they’re not the only ones who see potential in this company.
From Tennis legend, Naomi Osaka, KB Partners, Greycroft, Verizon Ventures, rapper Drake, and many other notable names are a part of it. This only solidifies our faith in this company more.
In recent years, James has shown that he is always interested in making diverse investments. As of now, the products haven’t been made and further details about the project are yet to be of public knowledge. But it seems like the L-Train is getting ready to be even richer than he already is.
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