Dr.Dre wasn’t the only one who cashed out from his big multi-billion dollar deal with Apple.
LeBron James got himself a hefty piece of the pie also.
According to Business Insider, LeBron earned over $30 million in cash and stock after the Dr Dre’s deal with Apple was finalized.
While James was leading the Heat to a victory over the Indiana Pacers in the Eastern Conference finals, sources say the 29-year-old was finalizing what is believed to be the biggest equity cash payout for a professional athlete in history as part of Apple’s recent $3 billion purchase of Beats Electronics. Sources briefed on the situation say James realized a profit of more than $30 million in cash and stock in the Beats sale after he had struck a deal to get a small stake in the company at its inception in 2008 in exchange for promoting its high-end headphones.
To put it into perspective — just for wearing headphones, LeBron is looking at $11 million more than what he makes per year for playing basketball.
Must be nice.
[via Washington Post]
