Evelyn Edefe  

11 w

LeBron James Company Lost Over $30 Million In 2003

SpringHill, the production company co-founded by LeBron James and Maverick Carter, reportedly lost over $30 million in 2023 and is projected to lose even more in 2024, according to Bloomberg.

The outlet reviewed SpringHill’s financial documents and revealed that the company has never turned a profit.

SpringHill is not expected to break even until 2025.

So, not only are the Lakers struggling on the court, but LeBron is also losing millions with Spring Hill. #lebron #nba