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Joel Embiid Launches Media Company With LeBron James And Maverick Carter's SpringHill Company

Creative money moves are coming from MVP Joel Embiid as he announces the launch of Miniature Géant, a media company in partnership with SpringHill Company. The new partnership with SpringHill Company — co-founded by LeBron James and Maverick Carter — marks the expansion of the creative firm’s footprint.

Jun 26, 2023

LeBron James' SpringHill Co. Reportedly 'Discussed' Offering Roughly $100M To Buy Complex Networks

LeBron James’ SpringHill Company could be looking to purchase Complex Networks.

May 5, 2023

Naomi Osaka's Media Company Hana Kuma Raises $5M In A Funding Round

Naomi Osaka has made herself known as not only a professional athlete but a boss with numerous business ventures. Within her creative bubble, the mom-to-be has tapped into media. As previously reported by AfroTech, Osaka launched her media company Hana Kuma in partnership with LeBron James and Maverick Carter’s SpringHill Company in June 2022.

Apr 20, 2023

Naomi Osaka Launches Media Company In Partnership With LeBron James And Maverick Carter's SpringHill Company

Naomi Osaka is deep in her entrepreneurial bag as the businesswoman is reminding us once again that she’s all about doing things her way. Shortly after launching her sports agency EVOLVE, the tennis star announced her own media company — Hana Kuma — according to a press release shared with AfroTech.

Jun 21, 2022

LeBron James Makes History As The First Active NBA Player To Become A Billionaire

LeBron James has reportedly officially joined the billionaire boys club. The 18-time NBA all-star, four-time NBA champion, and two-time Olympic gold medalist continues to show why he has been dubbed the king. He is now the first active NBA player to hit billionaire status, Forbes reports. What’s more, the accomplishment is proof that in this game of chess that we call life, moving with intention as the most important piece will bring in an overflow every single time. As previously reported by AfroTech, James topped the Forbes list as the second-highest-paid athlete in the world thanks to not only his status as an NBA player but his business mindset. It is what sets the Akron, OH native apart from the rest. In fact, he spoke his billionaire status into existence during a 2014 interview with GQ. “It’s my biggest milestone, obviously. I want to maximize my business,” said James. “And if I happen to get it, if I happen to be a billion-dollar athlete, ho. Hip hip hooray! Oh, my God, I’m...

Jun 2, 2022

LeBron James And Maverick Carter's SpringHill Company Reaches $725M Valuation After Sale Of Minority Stake

AfroTech previously reported that LeBron James had a brewing financial venture in the works surrounding entertainment brand SpringHill Company. Now, the speculation is over as the company has revealed it has closed a minority stake sale to a consortium of investors reaching a valuation of $725 million, Variety reports. Investors in James’ SpringHill Company — founded in 2020 by the NBA GOAT and Maverick Carter — include Nike, Fenway Sports Group, Epic Games, and RedBird Capital Partners. “Maverick and LeBron have created an impressive media content platform led by a creative leadership team that has built a unique mission-driven brand,” Gerry Cardinale, founder and executive of RedBird, said in a statement. “Our partnership with SpringHill should enable us collectively to optimize that mission with scalable capital and a business building mentality that will continue to elevate more diverse voices and a drive towards greater empowerment.” With the new investment, SpringHill Company...

Oct 14, 2021