James has cashed in on his equity stakes in companies
In addition to his endorsement prowess, James has cashed in on his equity stakes in companies. James, who is a biking enthusiast, bought a 10% stake in bike-maker Cannondale in 2007 before unloading it two years later. He was one of the co-founders of energy strip brand, Sheets Discount Air Jordan. He sold his equity stake in the brand during the 2012-13 season for a low seven-figure profit KD 6 Shoes Sale Online.
His biggest equity payout occurred when Apple AAPL -0.49% announced in May plans to buy Beats Electronics in a cash and stock deal worth $3 billion Cheap Sale Kobe Shoe. James partnered with the high-end headphones maker in 2008 when he supplied his teammates with Beats by Dre at the Beijing Summer Olympics . James has been cashing royalty checks ever since that have topped $1 million annually in recent years as the brand exploded. Published reports put James take from the sale at more than $30 million, but our sources say James owned less than 1 % at the time of the deal (James camp would not comment on his stake). The deal pushed James' off-court earnings over $50 million this year, and he ranked third among the world's highest-paid athletes behind only Floyd Mayweather and Cristiano Ronaldo .
