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Samsung endorser LeBron James made a reported $30M from Apple's Beats buy

post #1 of 81
Thread Starter 
According to a report on Wednesday, Basketball superstar LeBron James saw a $30 million windfall on his small stake in Beats Electronics after Apple acquired the headphone maker for $3 billion in May.


LeBron James (left) and Beats cofounder Dr. Dre. | Source: ESPN The Magazine


Citing sources familiar with the matter, ESPN claims James struck a deal in 2008 to promote Beats' headphones in exchange for a small interest in the then-fledgling company. While the exact details are unknown, James' share of the firm netted him over $30 million in cash and stock when Apple purchased Beats Electronics and Beats Music for $3 billion last month.

According to the publication, the Miami Heat cager was in the process of finalizing the details of the payout in his off-court time during the NBA Eastern Conference finals, the tail end of which coincided with Apple's Beats announcement. The approximately $30 million sum is thought to be the largest equity cash profit ever for a pro athlete.

In a statement last week, Beats said they plan on using James in future ads despite his ties with Apple rival Samsung, though Apple has yet to weigh in on the matter. The NBA star has been featured in a number of Samsung ad campaigns including a cameo in last year's "The Next Big Thing" Super Bowl TV spot.

Most recently, James showed up in Beats' World Cup ad, which featured Brazilian soccer star Neymar da Silva Santos, Jr., better known as "Neymar Jr." As one of the first commercials to air after Apple's buyout, the spot showed the company's headphones attached exclusively to Apple devices, including the iPhone 5s.
post #2 of 81
Replace the word "endorser" with "paid shill" and you have the truth.
He was bought to advertise, the same way he did with Beats.
Sell out. I bet he uses an iPhone.
post #3 of 81

Someone will have to bear responsibility for this Beats non-sense. If Tim thinks that Apple users will rush to buy overpriced streaming subscriptions to add to the pool of the existing 110k Beats customers, he is deeply mistaken.  I am thinking Cook is going out in 2-3 years.

post #4 of 81
Originally Posted by jason98 View Post
Someone will have to bear responsibility for this Beats non-sense. If Tim thinks that Apple users will rush to buy overpriced streaming subscriptions to add to the pool of the existing 110k Beats customers, he is deeply mistaken.  I am thinking Cook is going out in 2-3 years.


New batch of FUDge, eh?

Originally Posted by Slurpy

There's just a TINY chance that Apple will also be able to figure out payments. Oh wait, they did already… …and you’re already f*ed.

 

Reply

Originally Posted by Slurpy

There's just a TINY chance that Apple will also be able to figure out payments. Oh wait, they did already… …and you’re already f*ed.

 

Reply
post #5 of 81

Great, so people who were willing to whore themselves out to Samsung, are now also going to be promoting for Beats, which is now Apple owned?

 

Yeah, go ahead, tell me how Apple can do no wrong, and tell me how this Beats deal is great for Apple. Like I said before, it's not just about the damn money. Tell me why I should feel that this news is positive? I think that it stinks.

 

I don't want any fake, clueless mofos to be getting money from both Samsung and Apple. They can go and screw themselves. 

 

Apple is acquiring a company that apparently does not share the same philosophy that Apple has always had. Apple doesn't need any damn sports stars or sports celebrities to promote their products, and I find it ridiculous that somebody is making off with millions after being a paid shill for Samsung.

 

This is the kind of people that Apple wishes to be associated with? What crap.

post #6 of 81
Quote:
Originally Posted by Evilution View Post

Replace the word "endorser" with "paid shill" and you have the truth.
He was bought to advertise, the same way he did with Beats.
Sell out. I bet he uses an iPhone.

 

I know, it is terrible.  I also heard he accepts money and gets *paid* to play basketball instead of doing it for the love of the sport.  What a sell out.

post #7 of 81
Quote:
Originally Posted by Frood View Post

I know, it is terrible.  I also heard he accepts money and gets *paid* to play basketball instead of doing it for the love of the sport.  What a sell out.

When he plays a game, does he get paid by both his team and the team that he's playing against?

He should stick to throwing balls through hoops, because Apple has no use for his talents, in my opinion.
post #8 of 81
Quote:
Originally Posted by Tallest Skil View Post


New batch of FUDge, eh?

Quote:
Originally Posted by jason98 View Post

Someone will have to bear responsibility for this Beats non-sense. If Tim thinks that Apple users will rush to buy overpriced streaming subscriptions to add to the pool of the existing 110k Beats customers, he is deeply mistaken.  I am thinking Cook is going out in 2-3 years.
We got to like some of that stuff every once in a while.
post #9 of 81
Quote:
Originally Posted by jason98 View Post
 

Someone will have to bear responsibility for this Beats non-sense. If Tim thinks that Apple users will rush to buy overpriced streaming subscriptions to add to the pool of the existing 110k Beats customers, he is deeply mistaken.  I am thinking Cook is going out in 2-3 years.

 

You have no fucking clue what you're talking about, do you? I'm making a mental note these days to check what headphones people are wearing around me. Whether in the gym in malls, coffee shops, on the road, etc- the ratio I'm seeing is seriously 70% beats headphones, 25% Apple, and the rest everything else. Yes, whether you like it or not, Beats are extremely popular and mainstream. WIth the Beats purchase, Apple now OWNS the headphone market, which means they can do very interesting things in the future (ie. transitioning to lightning headphones would be much easier). Many things about this deal make sense from multiple angles. 

 

This WWDC showed us Apple at its best with a myriad of stunning announcements. Apple's performance has been stellar the past couple years. But that has nothing to do with Cook, right? You're so fucking obsessed with the Beats deal, its like nothing else exists anymore. Grow the **** up. 

post #10 of 81
Guys, chill. The Apple/Beats deal won't be finalised until September 2014. Let's see what hardware Beats comes up with in 2015 and 2016 when Apple has full control over their hardware. Patience my children.
Citing unnamed sources with limited but direct knowledge of the rumoured device - Comedy Insider (Feb 2014)
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Citing unnamed sources with limited but direct knowledge of the rumoured device - Comedy Insider (Feb 2014)
Reply
post #11 of 81
Originally Posted by Ireland View Post
Patience my children.

 

T’anks a million, Fat’er Ireland. Craic and music from Apple in t’ future, s’posin’ they can shimmy their way outta the EU’s clutches firs’.

 

Do you have any Ireland-specific disparaging names for the Continent? I don’t remember any while I was over there.

Originally Posted by Slurpy

There's just a TINY chance that Apple will also be able to figure out payments. Oh wait, they did already… …and you’re already f*ed.

 

Reply

Originally Posted by Slurpy

There's just a TINY chance that Apple will also be able to figure out payments. Oh wait, they did already… …and you’re already f*ed.

 

Reply
post #12 of 81
Quote:
Originally Posted by jason98 View Post
 

Someone will have to bear responsibility for this Beats non-sense. If Tim thinks that Apple users will rush to buy overpriced streaming subscriptions to add to the pool of the existing 110k Beats customers, he is deeply mistaken.  I am thinking Cook is going out in 2-3 years.

 

Don't quit your day job. Wall Street is 100% in favor of the purchase.

post #13 of 81
Quote:
Originally Posted by mdriftmeyer View Post
 

 

Don't quit your day job. Wall Street is 100% in favor of the purchase.

 

I guess you are one of the rare members of this forum who has a deep trust in Wall Street :)

post #14 of 81
Quote:
Originally Posted by Apple ][ View Post

When he plays a game, does he get paid by both his team and the team that he's playing against?

He should stick to throwing balls through hoops, because Apple has no use for his talents, in my opinion.

It seems like this wise young man is quite the canny investor.
Better than my Bose, better than my Skullcandy's, listening to Mozart through my LeBron James limited edition PowerBeats by Dre is almost as good as my Sennheisers.
Reply
Better than my Bose, better than my Skullcandy's, listening to Mozart through my LeBron James limited edition PowerBeats by Dre is almost as good as my Sennheisers.
Reply
post #15 of 81
Can pazuzu, Rogifan, and drblank can please show up and spout their obligatory nonsense, so that we can get on this thread? The suspense is killing me.
post #16 of 81
Quote:
Originally Posted by Evilution View Post

Replace the word "endorser" with "paid shill" and you have the truth.
He was bought to advertise, the same way he did with Beats.
Sell out. I bet he uses an iPhone.

 

The guy uses Beats headphones in real life.  Watch ever single pre-game/post-game interview and he has his Beats on. 

post #17 of 81
Quote:
Originally Posted by jason98 View Post
 

Someone will have to bear responsibility for this Beats non-sense. If Tim thinks that Apple users will rush to buy overpriced streaming subscriptions to add to the pool of the existing 110k Beats customers, he is deeply mistaken.  I am thinking Cook is going out in 2-3 years.

 

I'm not saying that their service is better than others, but how is it overpriced when it costs the same??

 

People should be automatically banned for using that last phrase.

post #18 of 81
Quote:
Originally Posted by Apple ][ View Post


When he plays a game, does he get paid by both his team and the team that he's playing against?

He should stick to throwing balls through hoops, because Apple has no use for his talents, in my opinion.

 

With Tiger Woods going down hill, Lebron is the biggest name in sports in the USA.  Obviously you know nothing about basketball and Mr James.  Obviously James is 100x smarter than you since he was smart enough to invest in Beats and was able to multiple his investment 1000%.

post #19 of 81
All these high profile athletes and celebs getting paid by samsung to advertise its products then most being caught off guard in a personal moment using an iphone... its so lame for samsung. I have never heard of a instance when the opposite has happened. An iphone endorser caught using a samsung phone, lol it even sounds funny!
post #20 of 81
Quote:
Originally Posted by jason98 View Post

I guess you are one of the rare members of this forum who has a deep trust in Wall Street 1smile.gif

It's been around for almost 200 years, so I think they've been correct on many things, and have earned the trust of the masses.
"Few things are harder to put up with than the annoyance of a good example" Mark Twain
"Just because something is deemed the law doesn't make it just" - SolipsismX
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"Few things are harder to put up with than the annoyance of a good example" Mark Twain
"Just because something is deemed the law doesn't make it just" - SolipsismX
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post #21 of 81
Quote:
Originally Posted by sog35 View Post

You are a total idiot.  With Tiger Woods going down hill, Lebron is the biggest name in sports in the USA.  Please just STFU.  Obviously you know nothing about basketball and Mr James.  Obviously James is 100x smarter than you since he was smart enough to invest in Beats and was able to multiple his investment 1000%.

I know that you're intelligent, but you must've been absent the day diplomacy was taught. lol.gif
"Few things are harder to put up with than the annoyance of a good example" Mark Twain
"Just because something is deemed the law doesn't make it just" - SolipsismX
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"Few things are harder to put up with than the annoyance of a good example" Mark Twain
"Just because something is deemed the law doesn't make it just" - SolipsismX
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post #22 of 81
Quote:
Originally Posted by dasanman69 View Post


It's been around for almost 200 years, so I think they've been correct on many things, and have earned the trust of the masses.

 

I hope you are joking. 

 

Wall Street almost single handily destroyed the entire world economy multiple times ( great depression, 2000 bubble, real estate bubble, ect)

 

Wall Street is full of pathelogical liars and crooks.

post #23 of 81
Quote:
Originally Posted by Apple ][ View Post
 

Great, so people who were willing to whore themselves out to Samsung, are now also going to be promoting for Beats, which is now Apple owned?

 

Yeah, go ahead, tell me how Apple can do no wrong, and tell me how this Beats deal is great for Apple. Like I said before, it's not just about the damn money. Tell me why I should feel that this news is positive? I think that it stinks.

 

I don't want any fake, clueless mofos to be getting money from both Samsung and Apple. They can go and screw themselves. 

 

Apple is acquiring a company that apparently does not share the same philosophy that Apple has always had. Apple doesn't need any damn sports stars or sports celebrities to promote their products, and I find it ridiculous that somebody is making off with millions after being a paid shill for Samsung.

 

This is the kind of people that Apple wishes to be associated with? What crap.

Ok, so all celebrity endorsers are "whores"? Or just the "urban" ones? I've read a lot of your angry rants, but this barely-concealed coded racist language "This is the kind of people that Apple wishes to be associated with?" is much too much. There, I said it. 

For your sake, I hope you're right.
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For your sake, I hope you're right.
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post #24 of 81
Quote:
Originally Posted by jason98 View Post
 

Someone will have to bear responsibility for this Beats non-sense. If Tim thinks that Apple users will rush to buy overpriced streaming subscriptions to add to the pool of the existing 110k Beats customers, he is deeply mistaken.  I am thinking Cook is going out in 2-3 years.

Tim is going nowhere. Make some sense in your comments.  Beats acquisition is lot more than what you think. A lot more.

Tim is genius. First know that.

post #25 of 81

Doesn't he get paid that per game?

post #26 of 81

Racist? Wow talk about reading something into nothing. Wonder who the real racist is...

Quote:
Originally Posted by Carthusia View Post
 

Ok, so all celebrity endorsers are "whores"? Or just the "urban" ones? I've read a lot of your angry rants, but this barely-concealed coded racist language "This is the kind of people that Apple wishes to be associated with?" is much too much. There, I said it. 

post #27 of 81
I did hearing the samsung are trolling again. I am had enough about stupid samsung trolling.
post #28 of 81
Quote:
Originally Posted by sog35 View Post

I hope you are joking. 

Wall Street almost single handily destroyed the entire world economy multiple times ( great depression, 2000 bubble, real estate bubble, ect)

Wall Street is full of pathelogical liars and crooks.

Versus how many people have they made filthy rich? Wall Street wasn't the lone offender is those instances. They weren't the ones handing out mortgages to every Tom, Dick, and Harry.
"Few things are harder to put up with than the annoyance of a good example" Mark Twain
"Just because something is deemed the law doesn't make it just" - SolipsismX
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"Few things are harder to put up with than the annoyance of a good example" Mark Twain
"Just because something is deemed the law doesn't make it just" - SolipsismX
Reply
post #29 of 81
Quote:

... Apple doesn't need any damn sports stars or sports celebrities to promote their products, and I find it ridiculous that somebody is making off with millions after being a paid shill for Samsung.

 

Samsung wasn't the only one that paid celebrities to sell products.  Remember the days that Apple had iPod commercials featuring U2, Coldplay, M&M songs?  What about Robin Williams for the more recent "What's your verse" ads?  Apple just does it better and subtle celebrity references than Samsung.

post #30 of 81
Quote:
Originally Posted by Carthusia View Post

Ok, so all celebrity endorsers are "whores"? Or just the "urban" ones? I've read a lot of your angry rants, but this barely-concealed coded racist language "This is the kind of people that Apple wishes to be associated with?" is much too much. There, I said it. 

In reality we're almost all 'whores'. We sell ourselves, our time, our knowledge, etc, etc to our employer.
"Few things are harder to put up with than the annoyance of a good example" Mark Twain
"Just because something is deemed the law doesn't make it just" - SolipsismX
Reply
"Few things are harder to put up with than the annoyance of a good example" Mark Twain
"Just because something is deemed the law doesn't make it just" - SolipsismX
Reply
post #31 of 81
Quote:
Originally Posted by Apple ][ View Post


When he plays a game, does he get paid by both his team and the team that he's playing against?

He should stick to throwing balls through hoops, because Apple has no use for his talents, in my opinion.

 

You do realize Apple isn't paying him, nor using his talents, right?  He essentially invested in Beats in 2008.  That investment netted him quite a healthy return when Beats sold for $3 billion in 2014.  Since he is a 'celebrity' and Apple is somehow involved it qualifies as news here.  Calling him a sell out because Apple chose to buy a company he invested in is pretty silly.  You might as well call Apple the sellout for buying a company at which one of the owners uses something other than an Apple phone...


Edited by Frood - 6/12/14 at 2:43pm
post #32 of 81
Quote:
Originally Posted by Frood View Post

You do realize Apple isn't paying him, nor using his talents, right?  He essentially invested in Beats in 2008.  That investment netted him quite a healthy return when Apple decided to pay $3 billion for it in 2014.

It just burns him up that LeBron is getting paid indirectly. lol.gif
"Few things are harder to put up with than the annoyance of a good example" Mark Twain
"Just because something is deemed the law doesn't make it just" - SolipsismX
Reply
"Few things are harder to put up with than the annoyance of a good example" Mark Twain
"Just because something is deemed the law doesn't make it just" - SolipsismX
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post #33 of 81
Quote:
Originally Posted by pondosinatra View Post
 

Racist? Wow talk about reading something into nothing. Wonder who the real racist is...

I had a feeling I would see this type of post coming. Reading something into nothing? Ok. 

For your sake, I hope you're right.
Reply
For your sake, I hope you're right.
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post #34 of 81
Quote:
Originally Posted by dasanman69 View Post


In reality we're almost all 'whores'. We sell ourselves, our time, our knowledge, etc, etc to our employer.

I agree, and in that sense LeBron is no different.

For your sake, I hope you're right.
Reply
For your sake, I hope you're right.
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post #35 of 81
Quote:
Originally Posted by dasanman69 View Post


Versus how many people have they made filthy rich? Wall Street wasn't the lone offender is those instances. They weren't the ones handing out mortgages to every Tom, Dick, and Harry.

 

But they were the ones betting that those mortgages would be paid.  Wall Street sold those mortages as financial paper.  That's why the government had to spend hundreds of BILLIONS of $ to buy up those toxic assets.  Foreclosures were bad.  But what tanked the economy was the money betting that these mortgages would not default.

 

You seriously need to read up on the corruption and stupidity of Wall Street.


Edited by sog35 - 6/12/14 at 8:35am
post #36 of 81
Quote:
Originally Posted by Apple ][ View Post

 

Apple is acquiring a company that apparently does not share the same philosophy that Apple has always had. Apple doesn't need any damn sports stars or sports celebrities to promote their products, and I find it ridiculous that somebody is making off with millions after being a paid shill for Samsung.

 

This is the kind of people that Apple wishes to be associated with? What crap.

 

Blatant racism right there.

 

What on earth did Lebron do to be considered a bad person?  He never committed a single crime in his life.  He was able to come out of an incredibly bad situation (single mom, dirt poor, lived in the projects of cleveland) to become a role model for millions of urban youth.  What crime did he do?  He's donated millions of dollars to charity.  I'm not even a Lebron fan but even I can see he's a decent person.

 

Funny I did not hear you say these comments when quirky actress/indie songstress Zooey Deschanel was endorsing Apple products.

Or when Robin Williams did voice over work for the Verse ads?

 

Or these in the 2007 hello commerical: Lucille Ball,Humphrey Bogart, Marlon Brando, Jerry Lewis, Marilyn Monroe, Clark Gable, Peter Sellers, Steve McQueen, Richard Dreyfuss, Burt Reynolds, Julianne Moore, Robert Redford, Michael J. Fox, Harrison Ford, John Cusack, Audrey Tautou, Kevin Spacey, Dustin Hoffman, Will Ferrell, Sarah Jessica Parker, Jeff Bridges, Billy Crystal, Cameron Diaz,  John Travolta, Robert De Niro, Ben Stiller, Michael Douglas

 

Or Coldplay

Or the Beattles

 

Only when a Black Urban Superstar benefits you come out crying like a KKK member.

PATHETIC.


Edited by sog35 - 6/12/14 at 8:39am
post #37 of 81
Quote:
Originally Posted by Apple ][ View Post
 

Great, so people who were willing to whore themselves out to Samsung, are now also going to be promoting for Beats, which is now Apple owned?

 

Yeah, go ahead, tell me how Apple can do no wrong, and tell me how this Beats deal is great for Apple. Like I said before, it's not just about the damn money. Tell me why I should feel that this news is positive? I think that it stinks.

 

I don't want any fake, clueless mofos to be getting money from both Samsung and Apple. They can go and screw themselves. 

 

Apple is acquiring a company that apparently does not share the same philosophy that Apple has always had. Apple doesn't need any damn sports stars or sports celebrities to promote their products, and I find it ridiculous that somebody is making off with millions after being a paid shill for Samsung.

 

This is the kind of people that Apple wishes to be associated with? What crap.

 

Doesn't share that same philosophy as Apple? Are you sure? I seem to remember a U2 Branded iPod being presented by Steve himself, followed by another one with Maddona in what Bono himself called “art, commerce, and technology colliding". I seem to also remember that until very recently, there were performers at the end of almost every Keynote – from Nora Jones to John mayer, Alicia Keys (both of which are BB shills), Foo Fighters and the previously mentioned U2. I believe those are celebrities endorsing the brand.

Also LeBron is neither fake nor clueless in this regard as he was smart enough to be paid in shares for something he wanted to endorse and not just a cheque. You are taking brand loyalty to a ridiculous length, and you would do well to remember they are (both) a multi-national conglomerate. All they see when they look at you is dollar signs. People are willing to buy things that people such as LeBron also like and have made companies rich for associating themselves with celebrities like him. He's smart enough to get a cut from what he's generating for those companies. Everything you said just sounds like "hater talk".


Edited by websnap - 6/12/14 at 9:14am
It's only after you've lost everything that you're free to do anything.

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It's only after you've lost everything that you're free to do anything.

Tyler Durden | Fight Club
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post #38 of 81
Quote:
Originally Posted by sog35 View Post
 

 

Blatant racism right there.

 

What on earth did Lebron do to be considered a bad person?  He never committed a single crime in his life.  He was able to come out of an incredibly bad situation (single mom, dirt poor, lived in the projects of cleveland) to become a role model for millions of urban youth.  What crime did he do?  He's donated millions of dollars to charity.  I'm not even a Lebron fan but even I can see he's a decent person.

 

Funny I did not hear you say these comments when quirky actress/indie songstress Zooey Deschanel was endorsing Apple products.

Or when Robin Williams did voice over work for the Verse ads?

 

Or these in the 2007 hello commerical: Lucille Ball,Humphrey Bogart, Marlon Brando, Jerry Lewis, Marilyn Monroe, Clark Gable, Peter Sellers, Steve McQueen, Richard Dreyfuss, Burt Reynolds, Julianne Moore, Robert Redford, Michael J. Fox, Harrison Ford, John Cusack, Audrey Tautou, Kevin Spacey, Dustin Hoffman, Will Ferrell, Sarah Jessica Parker, Jeff Bridges, Billy Crystal, Cameron Diaz,  John Travolta, Robert De Niro, Ben Stiller, Michael Douglas

 

Or Coldplay

Or the Beattles

 

Only when a Black Urban Superstar benefits you come out crying like a KKK member.

PATHETIC.

 

I wonder if the reaction would be the same if it was Bubba Watson who invested in Beats and made $30,000,000.

 

That good old boy could buy himself the $525,000 Richard Mille watch he is currently sponsored to wear.

Better than my Bose, better than my Skullcandy's, listening to Mozart through my LeBron James limited edition PowerBeats by Dre is almost as good as my Sennheisers.
Reply
Better than my Bose, better than my Skullcandy's, listening to Mozart through my LeBron James limited edition PowerBeats by Dre is almost as good as my Sennheisers.
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post #39 of 81
Quote:
Originally Posted by Beluga View Post

All these high profile athletes and celebs getting paid by samsung to advertise its products then most being caught off guard in a personal moment using an iphone... its so lame for samsung. I have never heard of a instance when the opposite has happened. An iphone endorser caught using a samsung phone, lol it even sounds funny!

 

To be honest, that not really true, since John Mayer professed his love for all things apple on stage with steve and then had BB sponsor his whole tour. You also had Alicia Keys perform at a keynote in much the same vein before she took at "creative" role at the same company. The reason it doesn't happen often is that Apple doesn't usually use Celebrity endorsements in marketing. If they did, I'm sure something would pop up.

It's only after you've lost everything that you're free to do anything.

Tyler Durden | Fight Club
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It's only after you've lost everything that you're free to do anything.

Tyler Durden | Fight Club
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post #40 of 81
Quote:
Originally Posted by sog35 View Post

But they were the ones betting that those mortgages would be paid.  Wall Street sold those mortages as financial paper.  That's why the government had to spend hundreds of BILLIONS of $ to buy up those toxic assets.  Foreclosures were bad.  But what tanked the economy was the money betting that these mortgages would not default.

You seriously need to read up on the corruption and stupidity of Wall Street.

The government didn't spend anything. It was all paid back. I'll agree with stupidity, but corruption is much harder to prove. They were sold a bill of goods and swallowed it hook, line, and sinker without any due diligence.
"Few things are harder to put up with than the annoyance of a good example" Mark Twain
"Just because something is deemed the law doesn't make it just" - SolipsismX
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"Few things are harder to put up with than the annoyance of a good example" Mark Twain
"Just because something is deemed the law doesn't make it just" - SolipsismX
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