LEBRON JAMES CLEARS $30M IN BEATS BY DRE SALE

Lebron James and Dr. Dre on the field at Fenway Park

 

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by Theron K. Cal Managing Editor RBRN

Blacks who embrace their race and culture-reject the myth of White supremacy-are in the top 10% income bracket because our most valuable asset is our race and culture and how we exploit and capitalize on it.

The solution to our financial empowerment is right under our nose. We simply take every day common products, businesses, services and simply put our Black cultural spin on them.

The hatred of our Black Race and the belief in the myth that Whites are superior is the problem. Its why we applaud LeBron James & Dr. Dre for showing us how its done.

June 12, 2014 By Larry Brown, LBS

LeBron James is not just a great basketball player, he’s also a savvy businessman.

According to a report from ESPN, LeBron was set to make around $30 million after Beats Electronics was bought by Apple for $3 billion.

LeBron got a small stake in the company in 2008 when he agreed to promote the brand. You may recall that he shared a lot of promotional photos on social media and gave the headphones away as gifts in order to receive publicity for the brand. A lot of that work paid off; Beats became a popular company and was eventually acquired by Apple.

This nugget of information was revealed in the context of LeBron possibly taking less money on his next NBA contract. The thinking is that since LeBron is doing so well in business deals/investments/endorsements, he can afford to take less because he can make up the money elsewhere. Additionally, sacrificing now by taking less money in order to win more championships can enhance James’ legacy, which would make him more valuable as a person and brand in the future.

Don’t think he hasn’t considered all of that. He’s obviously proven that he is a very smart person.

1392613341834 200x192 TEA PARTY NUT ERIC CANTOR DEFEATED IN PRIMARY Theron K. Cal is a Real Brother currently building Real Brother Radio Network into a media force to be reckoned with.  @RBRNETWORK/TWITTER

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