Rolling Out

LeBron and Drake invest in tech company that may be worth billions

LeBron and Drake invest in tech company that may be worth billions
Photo credit: Bang Media

LeBron James, Drake and Naomi Osaka — three all-time greats in their respective entertainment and sports professions —  have created a powerful triumvirate to invest in a tech company that is projected to be worth tens of billions in a few years.

King James, who’ll turn 37 in late December, and Drake, 35, and Osaka, 24, each hold impressive individual investment portfolios that have  produced substantial financial windfalls.

Now the athletes and entertainer, who have eight championships and countless chart-topping hits between them, will coalesce their money to buy into StatusPro, which uses extended reality to “create training and fan engagement products.”

The sports technology corporation is projected to be worth upward of $57 billion by 2027.

StatusPro already boasts an array of marquee and influential clients including the Baltimore Raves, other NFL teams, the NFL Players Association and NCAA collegiate teams.

King James, Drake and Osaka are joining an already formidable investor list headed by Verizon, KB Partners, Greycroft, and Leeds United stakeholders. James’ partner Maverick Carter and music impresario are also i

Furthermore, the extremely fruitful company is headed by retired athlete Andrew Hawkins, a former James employee who formerly worked  at SpringHill Entertainment.

“It’s incredibly humbling that pioneers of their level believe in us as founders and in our vision for this industry,” Hawkins said in a statement obtained by PRNewsWire. “We always say StatusPro is only as strong as our team, and our team just got a whole lot stronger.”

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