An Aussie discovers Texas Road House for the first time. Epic!
The World Cup needs to be permanently held in the US. It offers the most for the teams and the fans. 🤣🇺🇸🇦🇺
Mark Cuban explains how he pulled off one of Wall Street’s greatest trades
“When Yahoo offered us $5.7B in stock, I couldn’t sell it for six months”
“So what I did was I took every penny that I had and shorted the internet index as protection, basically taking insurance out in case the internet bubble popped”
“When I was allowed to sell it, because I couldn’t sell it all at once, it would just crater the market, so I did something called a hedge”
“What the hedge is, you can sell options. So I sold call options, which gave somebody else the right to buy my shares at a higher price in the future”
“I took that money and used it to buy puts, which protected me in case the price of my stock went down”
“When it popped, I actually made more money. It was called one of the top 10 trades in Wall Street history”
LeBron James reveals he turned down $10 million from Reebok before signing with Nike
"I took on 3 pitches. Adidas, Reebok and Nike. The best pitch that I got where I thought I'd end up was Reebok. At the time Reebok had the NFL"
"I was a high school senior, and they gave me a check for $10 million if I promised not to go see anybody else"
"My mom looked at me and said trust your gut. If they are offering you this, who knows what the other companies may offer you. Do what you think is right"
"I said thank you, but I'd be remiss if I did not take the pitches from the other companies. I may have cried on the way home"
LeBron James says he isn't a billionaire. Forbes has him at $1.4 billion. He's right.
He went on Complex this week, held up a $405,040 Richard Mille, and said the watch was free. He said his bank account holds a couple thousand. He said his kids have all the money now.
Every line is accurate.
The Lakers paid him $48.7 million this season. His off-court income runs around $80 million annually from Nike, PepsiCo, Beats, and a dozen other brands. None of that sits in a checking account at age 41. It moves into investment vehicles the same week it clears.
The Richard Mille is the RM 65-01 LeBron edition, limited to 150 pieces globally. He didn't buy it. He co-designed it. Richard Mille gave him 001/150 because every paparazzi photo of his wrist sells the next 20 to oil magnates and tech founders. The watch is technically free in the same way the MacBook Tim Cook holds at a keynote is technically free. The brand pays the principal to wear the product.
The 2011 Fenway Sports Group deal is the textbook version of the trade. LeBron got Liverpool FC equity for marketing services, zero cash out of pocket. Liverpool was valued around $300 million at the time. The club sits above $5 billion today. He converted that stake into a broader FSG position in 2021, which now also includes the Red Sox and Pittsburgh Penguins. FSG itself runs north of $12 billion. He paid nothing for any of it.
SpringHill is the bigger one. RedBird Capital led a 2021 round at a $725 million valuation, with Nike and FSG also putting capital in. LeBron remained the largest single shareholder. The company just merged with Fulwell 73, which extends the slate without diluting his control. None of that equity is liquid. It compounds inside a holding structure that does not show up on a bank statement.
Now the kids. "They got all the money now. They take care of dad." Read that as an estate plan said out loud. Move appreciating assets into trusts in your heirs' names while the assets are still small. Pay gift tax on the original valuation. The S&P doubles, the trust doubles, the IRS already saw its slice. The Walton family ran this on Walmart in the 1980s. The Mars family ran it on candy.
The Complex headline is "LeBron reveals he's not a billionaire."
$1.4 billion is the entity. Couple thousand is the man.
Building trust through consistency and care 🤝
See how Kings Equipment Manager Miguel Lopez has become a staple in Sacramento as a behind-the-scenes hero in the latest Coaches Corner presented by @Evernorth.
Watch the Full Episode on the NBA APP!
LINK: https://t.co/GVM9rwYfvg
The Black Wall Street Rally 2026 takes place May 14–16, 2026, in Tulsa, Oklahoma’s historic Greenwood District.
This 3-day event features motorcycle rides, live entertainment, food trucks, vendor booths, and educational workshops focused on the legacy of Black Wall Street.
The rally promotes unity, entrepreneurship, and cultural pride for all attendees.
Key Details for the 2026 Rally
Location: Historic Greenwood District, Tulsa, OK.
Dates: May 14–16, 2026.
Activities: Motorcycle demos, custom bike shows, live music, and history tours.
Registration: General registration is approximately $85 & includes access to special events and a T-shirt.
Purpose: To celebrate the resilience and legacy of the original Black Wall Street.
S/O to the Chaplains who are holding Chapel before every NBA game, all over the country. I would’ve never thought that outside of looking fwd to just competing that Chapel would be a highlight to me as player. Underrated benefit, greatly appreciated. 🙏🏾 Romans 12:2