‘Sold out’: LeBron James’ $1,700,000-generating tequila brand could soon overtake Lakers star Nike’s bottom line

LeBron James has some massive endorsement deals that have added a lot of money to his total net worth. One of them is his deal with Nike. But his tequila brand, which generated $1,700,000 in revenue, may soon replace his Nike income.

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LeBron James has amassed a huge fortune during his 20-year career. He is the only active NBA player to achieve billionaire status thanks to years of smart investing. Not to mention the huge multi-million dollar NBA contracts and the endorsements that come with them. Every bit helped him achieve this status.

LeBron James’ tequila brand is about to take over

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LeBron James supports companies like AT&T, Walmart, and PepsiCo. But none of his deals compare to his Nike endorsement. The King signed a lifetime contract with the company worth $1 billion. This deal in 2015 helped his net worth reach what it is today. But depending on how much he earns from his signature tequila, that deal could be thrown out the window.

via Reuters

The Los Angeles Lakers star was an early supporter of the project. Wolf 1707 When he was introduced to the founder of the company. The company’s annual revenue is now expected to be $1.7 million, according to Growjo. After the update, Bron uploaded a video of the Lobos 1707 limited edition Anejo on his Instagram Story, possibly for promotion.

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But the video also says, “Officially sold out” This can only mean good things for the company’s revenue.

LeBron’s love for spirits

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LeBron James has frequently shown his love for fine red wine since he entered the league. His former teammate Dwyane Wade shares the same taste and passion.

via Getty

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But James decided to follow in Michael Jordan’s footsteps and have his own tequila brand. He has also managed to make his brand quite successful. So much so that he could soon take over Nike’s revenue. This says a lot.

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Watch this story: NBA players’ traumatic connection to LeBron James in his prime is pure comedy

But you never know, James may continue to invest time and money into another spirit in the coming years. With his history and track record, it will continue to be successful as well.

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