• Loading stock data...
Wednesday, December 24, 2025

LeBron’s Latest Investment

Lobos
Lobos 1707

Lebron James’ latest investment: Tequila. 

Lobos 1707 Tequila & Mezcal was launched in the U.S. and Mexico on Wednesday, with James becoming the latest athlete to take a shot on an alcohol brand. Last year, Michael Jordan launched a tequila brand, Cincoro, with four other NBA owners.

Other Investors In Lobos 1707 Include: 

  • James’ business partner Maverick Carter
  • Los Angeles Lakers teammate Anthony Davis
  • Golden State Warriors forward Draymond Green
  • Klutch Sports founder and James’ agent Rich Paul

Celebrity-Owned Liquor Brands Have Been Successful: Ryan Reynolds — who recently bought a soccer team — was an owner of Aviation Gin before it sold for an estimated $610 million to spirits giant Diageo in August. Diageo also paid close to $1 billion for George Clooney’s Casamigos tequila company in June 2017. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Dec 25, 2024; Dallas, Texas, USA; A view of the NBA Christmas Day logo during the second half of the game between the Dallas Mavericks and the Minnesota Timberwolves at the American Airlines Center.

NBA Has Superior Slate Entering Christmas Face-Off With NFL

The NFL has scheduled Christmas games for six consecutive seasons.
Martha Stewart hosts a VIP tree-lighting event at Bedford Post Inn in Bedford on Friday, December 6, 2024.

Martha Stewart Joins Celebrity Soccer Party With Swansea Investment

She joins Snoop Dogg as minority owners in the EFL Championship club.
Sep 27, 2025; San Jose, California, USA; Bay FC forward Racheal Kundananji (9) takes a shot on goal against the Utah Royals in the second half at PayPal Park.

Some Women’s Soccer Stars Wouldn’t Qualify Under NWSL’s New ‘Rodman Rule’

Players oppose the policy and the union is planning to take action.
Dec 21, 2025; Detroit, Michigan, USA; Detroit Lions cornerback Rock Ya-Sin (23) tackles Pittsburgh Steelers wide receiver DK Metcalf (4) during the fourth quarter at Ford Field.

DK Metcalf Will Lose More Than $45M After NFL Upholds Suspension

The suspension voids $45 million in guaranteed money.

Featured Today

Heated Rivalry (L to R) - Connor Storrie as Ilya Rozanov and Hudson Williams as Shane Hollander in Episode 104 of Heated Rivalry. Cr. Sabrina Lantos © 2025

Hockey Needed Some Virality. Then Came ‘Heated Rivalry’

No one was prepared for the Canadian show’s smash success.
Rob Manfred
exclusive
December 23, 2025

MLB Teams Fear League Will Pick Winners and Losers in Tech

One company under consideration was founded by a top MLB exec’s uncle.
December 23, 2025

What It Takes to Pull Off Florida’s First Outdoor NHL Game

The Rangers will face the Panthers in Miami’s first NHL Winter Classic.
December 14, 2025

How Pickleball Became One Massive Private-Equity Rollup

Pickleball roads lead back to billionaire Tom Dundon.
patrick_mahomes

Less Than Super TV Viewership

CBS Sports’ telecast of the Tampa Bay Buccaneers’ 31-9 victory over the Kansas City Chiefs averaged 91.629 million viewers, down 8%.
person_playing_cricket
December 23, 2020

Prominent Tech Execs Line Up to Back Cricket Growth In the U.S.

More than 20 investors have now bought into American Cricket Enterprise, parent company oMajor League Cricket.
man_riding_stationary_bike
December 28, 2020

Connected Fitness Company Echelon Lands $65 Million Investment

The funding came from Goldman Sachs and North Castle Partners, who now own controlling interests in the company.
Sponsored

The Hidden Tech Behind Every Touchdown

Nearly two-thirds of NFL stadiums already rely on Cisco networks, and the Super Bowl will showcase the full scale of the partnership.
woman_holding_hockey_stick
December 23, 2020

NBC to Air NWHL Finals, Adds to Banner Year for Women’s Sports

It will be the first time professional women’s hockey games are shown live on a major national cable network in the U.S.
antetokounmpo_dribbling_basketball
December 23, 2020

‘Giannis Effect’ Felt by Bucks Following Record-Breaking Extension

Since he was drafted in 2013, the Bucks’ valuation has jumped from No. 30 in the league at $312 million to No. 19 at $1.58 billion.
December 22, 2020

Adam Silver Says NBA Expansion is ‘Manifest Destiny of the League’

“It’s sort of the manifest destiny of the league that you expand at some point,” NBA Commissioner Adam Silver said Monday.
December 22, 2020

Adidas Partners With Jerry Lorenzo, Fear of God Brand

Lorenzo will lead creative and business strategy for Adidas basketball globally, and launch a Fear of God athletics sub-brand.