According to foreign media reports, Lakers superstar James, who currently owns shares in multiple teams, has expanded his career territory again. James will join forces with rapper Drake and the Steinbrenner family, who owns MLB Yankees, and is expected to buy the traditional Serie A giant AC Milan for 1.2 billion euros.
According to the British media Financial Times, the Steinbrenner family will join forces with the investment team from Los Angeles, and is expected to spend 1.2 billion euros to buy AC Milan, and Lakers players James and Drake are part of the investment team.
The US media also mentioned in the report that James and Drake will be passive investors of AC Milan this time and will not directly invest. In addition, the transaction is quite close to completion, and the Steinbrenner family has a very great opportunity to become the major shareholder of AC Milan.
In fact, this is not the first time that James has extended his investment to the football world. With a net worth of more than $1 billion, he is currently one of the shareholders of Liverpool in the Premier League. In addition, the Boston Red Sox and the NHL Pittsburgh Penguins also have shares in James.