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Such decisions have allowed LeBron to harness his fame and influence for long-term financial gain rather than quick paychecks.
Ownership and Investment in Sports
LeBron's aspiration to one day own an NBA team is complemented by his existing stake in multiple sports franchises. In 2011, he bought a 2% stake in Liverpool Football Club for $65 million, which has since appreciated significantly. In 2021, he exchanged his Liverpool shares for nearly 1% of Fenway Sports Group, gaining partial ownership of not just Liverpool but also the Boston Red Sox and Pittsburgh Penguins.