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LeBron James

LeBron James Recalls That One Time He Turned Down $10M From Reebok

Source: BET:
May 1, 2017 at 14:43

The superstar athlete explains why he passed on the offer.

It's no secret that LeBron James, one of the wealthiest athletes in the world, has made some smart business decisions over the years.

Although Forbes has ranked him as the No. 1 highest earning athlete in the United States in 2016, there was once a time earlier in his career when the NBA icon turned down a massive chunk of money.

As recently pointed out by Complex, in 2003, King James passed on an offer from Reebok for $10 million dollars. At the time, the basketball player was on 18, and despite his young age, he knew better than to take the deal--especially just because it was one of the first offers being placed on the table.

As the story foes, the Reebok chairman at the time, Paul Fireman, offered the then-high school student a check for $10 million--on the condition that he would agree not to meet with Nike and Adidas.

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