James was given the stake instead of the $6.5 million. He was given the stake when his marketing firm agreed to a joint venture with Fenway Sports Partners whose owners, John Henry and Tom Wener, bought Liverpool in October of 2010. "This is a great opportunity for me," said the NBA superstar. LeBron James' Stake In Liverpool Goes Up After Roma Victory . The Reds are on pace for 105 points this season, which would be a Premier League record, and became the earliest title-winner in top-flight history as seven Premier League matches still remain. Read about our approach to external linking. The club's title came much to the delight of Lakers star LeBron James, who is also a part-owner in the club. Cleveland Cavaliers star LeBron James's initial investment in Liverpool has reportedly profited big with the 7–6 aggregate win over Roma, reports ESPN's Darren Rovell. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. James is already one of the world's highest earning athletes and was ranked second in the world - behind Cristiano Ronaldo - by Forbes last year. A spot in the Champions League final - the biggest club game in world football - will earn the Reds an extra £73.5m. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy, snapped its 30-year Premier League title drought. It has been a thrill to watch such a storied club make their way back to the top again and to be a part of it all. James was given the stake instead of the $6.5 million. James reportedly bought a 2% stake in the club in 2011 and has been a staunch supporter of Liverpool in the years since. All Rights Reserved. Good luck today @LFC‼️‼️ #YNWA #WEARELIVERPOOL ????? To see all content on The Sun, please use the Site Map. Not bad for an off-court endeavour, I’d say. As reported by Darren Rovell of ESPN, his two percent was worth $6.5 million. Ryan Sidle in Football. “I am thrilled to be working with [Fenway Sports Group founders] John Henry and Tom Werner," James said when the news was announced. The Sun website is regulated by the Independent Press Standards Organisation (IPSO). Former Miami Heat star James has also been involved with David Beckham's Miami MLS franchise as well a partnership with Beats by Dre headphones, a tech company in Silicon Valley and a pizza start-up. The payoff? NBA superstar LeBron James' stake in Liverpool is now worth an astonishing £25million after they reached the final of the Champions League. The Wall Street Journal reported that James received an undisclosed stake in Liverpool as part of the deal. Jurgen Klopp’s side held their nerve to see o… Get the latest odds, analysis, and insights at Yahoo Sportsbook. View our online Press Pack. Liverpool last won the Champions League Final back in 2005, and the Reds are now going into the Champions League Final against Tottenham as the heavy favorite to win. Everything you need to know about sports betting starts here. With Wednesday's Liverpool advancement to the UEFA Champions League final, investors, including LeBron James, are sure to be happy. LeBron James has made his name and money in the United States as a superstar basketball player and the face of the NBA. Credit: Copyright 2017 The Associated Press. Los Angeles Lakers star LeBron James, 35, bought a two per cent stake in the Reds back in 2011 for £4.8m. Cleveland Cavaliers icon James, 32, paid £4.8m for a two per cent stake in the Reds in 2011. He also owns a production company, SpringHill Entertainment, with his business partner, Maverick Carter. Basketball star LeBron James has become a minority stakeholder in Liverpool after signing a representation deal with the club's owners. LeBron will be rocking the red for Liverpool, as the NBA star is part owner of the team. The Wall Street Journal said Maverick Carter, chief executive of LRMR Branding & Marketing, had expressed his desire to build James' portfolio internationally. He was given the stake when his marketing firm agreed to a joint venture with Fenway Sports Partners whose owners, John Henry and Tom Wener, bought Liverpool in October of 2010. With strikers Mo Salah and Sadio Mane leading the way, odds are that LeBron’s ownership of the Premiere League team will continue to exponentially grow. For further details of our complaints policy and to make a complaint please click here. SPORTS ILLUSTRATED is a registered trademark of ABG-SI LLC. For other inquiries, Contact Us. At the time, Liverpool owners, Tom Hicks and George Gillett, were looking to get $954 million for the franchise. Our journalists strive for accuracy but on occasion we make mistakes. Powered by. LeBron James was quick to congratulate Liverpool after their stunning comeback against Barcelona on Tuesday night. As of May 2019, it was valued at approximately US$43.6 million. Getty Last updated 7:38 PM, Thursday May 03 2018 GMT+1. Without purchasing Liverpool, we never would have been able to have this conversation.". And it proved to be a shrewd move, as in 2018 it was revealed that his stake had skyrocketed in value to £25m. Fenway Sports Partners acquiring the team for under $500 million was a huge steal. Copyright © 2020 Heavy, Inc. All rights reserved. With that math, James' stake would have grown nearly five times more to be $32 million currently, according to Rovell. Comments are subject to our community guidelines, which can be viewed, LeBron James' stake in Liverpool is now worth a massive £25million. Fenway Sports Group (FSG) has struck a deal to partner the Miami Heat player's marketing firm to become his exclusive worldwide representative. James has a lifetime deal with Nike which could net him more than £735m. In 2018, that very same stake was valued at approximately US$32 million. Rovell reported the club has a value of at least $1.6 billion, if the team was put up for sale. LeBron likes the fact that he’s diversified in another global sport.”. SPORTS ILLUSTRATED is a registered trademark of ABG-SI LLC. Get all the sports news you need, direct to your inbox. Liverpool put together a record-equaling run of 18 consecutive wins from Oct.27 through to Feb. 29 and has won every league match at home this season. For me, this is about being in business with an organization that loves sports as much as I do. Mo Salah and Liverpool skipper Jordan Henderson celebrate reaching the final of the Champions League, The NBA superstar purchased a £4.8m stake in 2011, Liverpool truly are England's Champions League kings, Jurgen Klopp's side are in the Champions League final and it has netted them £735m, James Milner will celebrate Liverpool’s Champions League final qualification with glass of Ribena, Independent Press Standards Organisation (IPSO). Liverpool vs. Tottenham Starting XI: Why is Lucas Moura Benched for Champions League Finale. LeBron James Liverpool Stake: How Much Does the Lakers Star Own? It is next set to play on July 2 against Manchester City. James joined Miami from Cleveland in 2010. In 2011, keen business talent and occasional basketball player – LeBron James – received a 2% minority stake in Liverpool FC worth US$6.5 million. But as Liverpool franchise worked its way up to becoming one of the best teams in the European League, LeBron’s stake skyrocketed in value. Der sportliche Erfolg des FC Liverpool sorgt auch in den USA für Freude. It’s no secret as to which team LeBron James is cheering on during the Champions League Final on Saturday, in which the Tottenham Hotspurs are playing the Liverpool Reds. Los Angeles Lakers forward LeBron James. Per reports, the LeBron James Liverpool investment was in around $6.5 million for the minority stake he acquired in 2011.