LeBron James Is Reportedly $25 Million Richer Thanks To Blaze Pizza Investment

LeBron James isn’t only skilled on the court but he also has a penchant for making major business deals.

In an investment the three-time NBA champ made in 2012 for Blaze Pizza, reportedly investing less than $1 million, he’s now making close to $25 million for his 10 percent stake in the national food chain.

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According to ESPN, Blaze Pizza reportedly sold a portion of the company to a private equity firm, which made the company $250 million. “Every time LeBron tweets about Blaze, it’s like a sonic boom,” Elise Wetzel, one of the owners of Blaze told ESPN. “It jump-starts the conversation with tens of millions of people in the U.S. and around the world and leads to a genuine interaction between people who know and love the brand and people who haven’t heard of us.”

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The pizza chain was dubbed the fastest growing restaurant franchise in the United States. Reportedly, James’ financial profit can reach up to $35 or $40 million. However, this isn’t the first time James has made a lucrative deal. He also raked in $30 million from the $3 billion sale of Beats to Apple.