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Jeremy Hahn
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Before the second major of the year, let's do a quick giveaway. RT and follow for your chance to win!
✍️ @JustinRose99
✍️ Cameron Young
✍️ @Samburns66
✍️ Ryan Gerard
Winner will be selected at 12 pm ET on Thursday, May 14.

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Jeremy Hahn retweetledi
Jeremy Hahn retweetledi

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.
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Jeremy Hahn retweetledi
Jeremy Hahn retweetledi

NORTH WEST
#N0RTH4EVR
(MUSIC VIDEO)
OUT NOW 🚨
▫️ From her debut EP, ‘n0rth4evr’, out tonight
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Jeremy Hahn retweetledi

#SCFeatured: Rory’s Roots.
“I've always been a dreamer, big, big dreams, big ideas. I've never lost that. I've never let the world take that from me. I think the world can turn you into a pretty cynical person, if you let it.” — Rory McIlroy
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Jeremy Hahn retweetledi
Jeremy Hahn retweetledi

@JoelMBeall @JoelMBeall - phenomenal writing. Asking hard questions while maintaining a respect to the delicacy of the topic is hard to do, well done.
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We don’t know the struggle or its shape, but it’s there. It’s been there. And until its reckoned with nothing else matters.
Tiger Woods is not OK golfdigest.com/story/tiger-wo…
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Jeremy Hahn retweetledi
Jeremy Hahn retweetledi

Nebraska’s best season in program history ended by the Hawkeyes

Nebraska Men's Basketball@HuskerMBB
FINAL | Nebraska 71, Iowa 77
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Bring this guy to the ELITE EIGHT!! LETS GO HAWKS!!!
Yahoo Sports@YahooSports
The jacked Florida fan transferred to Nebraska after the Gators got knocked out 😂 (via @MarchMadnessMBB)
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Jeremy Hahn retweetledi

Jeremy Hahn retweetledi
Jeremy Hahn retweetledi

"If you're a tough dude, this is a good spot for you.
If you like yourself way too much, this is probably not the spot for you."
- Ben McCollum
📽️ @hawkcentral
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