Dr. Dre's Beats Electronics Sale Nets LeBron James Multi-Million Dollar Payout

LeBron James made tens of millions of dollars in cash and stock upon Beats Electronics' sale to Apple.

LeBron James made more than $30 million in cash and stock when Apple purchased Dr. Dre and Jimmy Iovine’s Beats Electronics for $3 billion last month, according to Business Insider.

The story says the Miami Heat forward has owned a stake in the company since 2008. 

Iovine said in a statement last month that the Beats alliance with Apple is fitting.

“I’ve always known in my heart that Beats belonged with Apple,” Jimmy Iovine said at the time. “The idea when we started the company was inspired by Apple’s unmatched ability to marry culture and technology. Apple’s deep commitment to music fans, artists, songwriters and the music industry is something special.”

A Beats Electronics commercial featuring James is as follows, as is a clip of him giving Heat players a pair of his Beats headphones.

RELATED: Apple Confirms Acquisition Of Dr. Dre, Jimmy Iovine's Beats Music & Beats Electronics For $3 Billion


  • Edward

    The rich get richer!!

  • markdd

    buy PAINKILLERS or ACTAVIS(syrup lean) KUSH (medical or loud bud) and steroids from ((801)6927655))) or add us here and leave us here over 25 strains of bud available Discrete delivery available in vacuum sealed containers and only serious clients please Hydros Yellows: 10/325-$4.50 each Hydros Blues 10/500-$3.50 Each. 16/32 OZ Actavis prometh codeine cough syrup 30mg IR ritalin-$3.00 each 20 mg IR ritalin-$2.00 each 10mg IR ritalin-$1.5 each 30mg IR adderall-$3.00 each 20 mg IR adderall-$2.00 each Percocet 5mg-round white- $3.00 each Percs 10mg-oblong with name percocet on one side-$6.00 each Morphine-$11 each Dilaudid 8mg-$6 each Dilaudid 4mg-$3 each Xannies (White and yellow Bars)-$2.00 each Roxi 30 blues-$9.00 each-sale!! OC 80's-$15.00 each Hydros Yellows: 10/325-$4.50 each Hydros Blues 10/500-$3.50 Each Fent pops Atiq 1200mcg-$22.00 each Fent pops Atiq 1600mcg-$27.00 each Fent Patches Gel 100mcg-$12 each contact ((801)6927655))).

    • Anonymous

      he is fake

    • Anonymous

      ^WHAT PART OF THE GAME IS THIS????^ you can't be over the age of 27 doing this shit... u online, fool! and u post a phone number? with a list of contraband? ANYBODY can see this shit! u don't think COPS are on this site? you's a gotdamn idiot, bruh....lol i actually hope that that's someone else's number & u just playing a joke on them or something...cuz if this is YOU...damn bruh u got a lot to learn about life & hustlin'

  • STFUUIgnants

    brothas gonna work it out- public enemy whats even better is that Lebron gives back to his people, so nothing but respect

  • Anonymous

    Sometimes I'm even emarrassed at it, but I really "hate" how much I hate Dre's success. I been praying on this nigga's downfall since 1993 and still... nothing

    • Ha funny

      Ha and if he ever does decide to drop Detox no matter if it sucks still going to have no.1 hits and go platinum instantly.

  • Anonymous

    dam 30 mill cash didn't know he had stock dam

  • Ynot

    King James owned 1% of Beats on the quiet smh...as far as talent and business savvy, dude is 2nd coming of Jordan.

Most Popular News

Most Discussed News