LeBron James’ Liverpool Investment Earns Him Over $25M

Sources said James received a 2 percent stake in Liverpool in April 2011, when his marketing firm, LRMR, agreed to a joint venture with Fenway Sports Partners. Fenway Sports Partners is owned by Boston Red Sox owner John Henry and chairman Tom Werner, who bought Liverpool for a bargain $477 million in October 2010.

Sources said James’ 2 percent stake, which he still retains, was given to him in lieu of roughly $6.5 million […] the team could be sold today conservatively for $1.6 billion. That means James’ investment has grown nearly five times ($6.5 million to $32 million) in seven years.

ESPN

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